We have a revenue problem, absolute proof we need to raise taxes

Discussion in 'Politics' started by Quantum Windbag, Sep 23, 2012.

  1. Quantum Windbag
    Offline

    Quantum Windbag Gold Member

    Joined:
    May 9, 2010
    Messages:
    58,308
    Thanks Received:
    5,014
    Trophy Points:
    245
    Ratings:
    +5,221
    The GAO recently released a report describing the 160 separate programs the federal government has that offer assistance with housing. HUD has 91 separate programs, the Department of Agriculture has 18, the IRS has 14, the Treasury has 8, well, you get the idea by now. (By the way, who would go to the IRS to get help with housing?) If we cannot afford to fund 160 programs across multiple federal agencies we obviously need to raise taxes.

    U.S. GAO - Housing Assistance: Opportunities Exist to Increase Collaboration and Consider Consolidation

    Here is a complete list of the various federal programs devoted to keeping people off the streets. Only a heartless and cruel idiot could possibly object to raising taxes to keep families from sleeping under bridges.

    U.S. GAO - Housing Assistance: An Inventory of Fiscal Year 2010 Programs, Tax Expenditures, and Other Activities (GAO-12-555SP, August 16, 2012), an E-supplement to GAO-12-554

    :eusa_whistle:
     
    • Thank You! Thank You! x 3
  2. Politico
    Offline

    Politico Gold Member

    Joined:
    Jul 5, 2011
    Messages:
    13,855
    Thanks Received:
    937
    Trophy Points:
    175
    Ratings:
    +1,491
    We have a spending problem, absolute proof we need to fire some people.

    Fixed it for ya.
     
    • Thank You! Thank You! x 1
  3. editec
    Offline

    editec Mr. Forgot-it-All

    Joined:
    Jun 5, 2008
    Messages:
    41,427
    Thanks Received:
    5,598
    Trophy Points:
    48
    Location:
    Maine
    Ratings:
    +5,617
    That our FEDERAL and state governments piss money away foolishly is a given.

    Most of the money is redistributed to the wealthiest people in America.

    That same group of people pay very low percentages of their incomes back in taxes.

    There's the two root sources of our nation's economic woes.
     
    • Thank You! Thank You! x 2
  4. Lakhota
    Online

    Lakhota Diamond Member

    Joined:
    Jul 14, 2011
    Messages:
    47,699
    Thanks Received:
    4,705
    Trophy Points:
    1,855
    Location:
    Native America
    Ratings:
    +15,966
    We must end corporate welfare.
     
  5. Saigon
    Offline

    Saigon Gold Member

    Joined:
    May 4, 2012
    Messages:
    11,434
    Thanks Received:
    870
    Trophy Points:
    175
    Location:
    Helsinki, Finland
    Ratings:
    +1,240
    I believe personal tax rates in the US are too low.

    Corporate taxes are probably too high, and I think a VAT is inevitable.

    But what party has the balls to say so?
     
  6. Bfgrn
    Offline

    Bfgrn Gold Member

    Joined:
    Apr 4, 2009
    Messages:
    16,829
    Thanks Received:
    2,480
    Trophy Points:
    245
    Ratings:
    +3,060
    'We' have...

    If it weren’t for all the lost jobs in the public sector — mostly teachers, police, firemen and sanitation workers at the state and local level — unemployment would be significantly lower right now, perhaps as low as 7 percent. Here’s how public sector employment fared during the first years of the Clinton and Bush terms (also recessionary) compared to under Obama:

    [​IMG]

    The great enemy of truth is very often not the lie – deliberate, contrived and dishonest – but the myth – persistent, persuasive, and unrealistic. Too often we enjoy the comfort of opinion without the discomfort of thought.
    President John F. Kennedy
     
    • Thank You! Thank You! x 1
  7. bripat9643
    Offline

    bripat9643 Diamond Member

    Joined:
    Apr 1, 2011
    Messages:
    67,809
    Thanks Received:
    8,074
    Trophy Points:
    2,030
    Ratings:
    +27,325
    You mean we have to end loans to all of Obama's pals like the thieves responsible for the Solyndra bankruptcy?
     
    • Thank You! Thank You! x 2
  8. Bfgrn
    Offline

    Bfgrn Gold Member

    Joined:
    Apr 4, 2009
    Messages:
    16,829
    Thanks Received:
    2,480
    Trophy Points:
    245
    Ratings:
    +3,060
    Corporate taxes...

    Obama proposes lowering corporate tax rate to 28 percent

    The plan would lower the nation’s corporate tax rate to 28 percent. At the same time, Obama wants to boost overall revenue from corporate taxation by banning numerous deductions and loopholes that save companies tens of billions of dollars a year on their tax bills.

    The current U.S. corporate tax rate of 35 percent is one of the highest in the world, but the abundance of loopholes and deductions enable many businesses to pay far less than that — or nothing at all. Companies in the United States pay almost half the taxes that companies in other rich countries pay, compared with the size of the economy, according to the Organization for Economic Cooperation and Development.

    The president’s plan targets oil and gas companies for tax increases while promising special breaks for manufacturing companies.

    And in a slap at U.S. multinational corporations that shelter profits overseas, Obama wants those firms to pay a minimum tax on their foreign earnings. He also wants to end tax breaks for companies that outsource and give new tax incentives to firms that move jobs back home.

    Marguerite Higgins of the conservative Heritage Foundation argued that such a tax would hurt competition.

    Washington Post - February 22, 2012
     
  9. there4eyeM
    Offline

    there4eyeM unlicensed metaphysician

    Joined:
    Jul 5, 2012
    Messages:
    8,041
    Thanks Received:
    820
    Trophy Points:
    245
    Ratings:
    +2,289
    No, 'VAT'! This is totally unjustified and regressive!

    Tax on profits and luxuries (like over-sized personal vehicles), not on workers' labor income (as defined in the Constitution and affirmed eloquently by Lincoln).

    Reductions of unnecessary expenditures, especially the billions unaccounted for by the Pentagon, etc.

    If I think of more, I'll be back.
     
  10. tinydancer
    Offline

    tinydancer Diamond Member

    Joined:
    Oct 16, 2010
    Messages:
    41,448
    Thanks Received:
    9,343
    Trophy Points:
    2,070
    Location:
    Sundown
    Ratings:
    +20,953
    7% right across the board.

    Goods and services tax. Do it. Give it.

    Now we've stopped bleeding and we are down to 5%. But do it.

    Stop screaming. Start contributing. Help Washington douche bag. Give your money to 1600 Watch how quick everyone changes
     
    Last edited: Sep 23, 2012

Share This Page