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Raising taxes on anyone would be a ripoff until there is a serious debt reduction conversation that goes along with it. I'm not talking about the smoke and mirror spending cuts. Spending Cuts is the biggest con from the politicians. I'm talking about Debt Reduction.
Raising taxes on anyone would be a ripoff until there is a serious debt reduction conversation that goes along with it. I'm not talking about the smoke and mirror spending cuts. Spending Cuts is the biggest con from the politicians. I'm talking about Debt Reduction.
Debt reduction is important, but creating jobs is more important at this time, IMO. We have 16.5 % unemployment in my county.
The only industry that's healthy in my community is pot growing.
If you ask Iran, Russia, China, and the rest of our enemies.....nothing.
If you ask me, enough to get the job done.
Our enemies? So Reagan didn't win the Cold War, and Bush gave our enemy China most favored nation trade status?
lol
So you are so blind to think China is acting like an friend?
MYTH #1: The congressional Super Committee failed because both sides refuse to compromise.
REALITY: The Super Committee failed because Republicans' number one, non-negotiable priority is to protect millionaires and billionaires from paying even one more penny in taxes.(1)
Democrats repeatedly offered to make deep spending cutsfar deeper than most progressives would likein exchange for raising taxes on the wealthy and closing corporate loopholes, only to be refused again and again. (2) ( )
So even though the vast majority of Americans say they want to protect Social Security, Medicare, and Medicaid benefits, and raise taxes on the rich and corporations,(3) that won't happen until Republicans put aside their extremist stance.
MYTH #5: The biggest crisis facing our country is out of control government spending.
REALITY: The two biggest drivers of our deficitby farare the economic crash and the Bush tax cuts. (10)
We have millions of people out of work, corporations hoarding cash, and factories sitting idle. If we put all those people back to workrebuilding infrastructure, educating our children, and researching new technologiesit'll shrink the deficit and make our economy stronger for the long haul. And we can easily afford it if we make sure the richwho are taking home a larger percentage of income than any time since 1917 (11)pay their fair share.
MYTH #1: The congressional Super Committee failed because both sides refuse to compromise.
REALITY: The Super Committee failed because Republicans' number one, non-negotiable priority is to protect millionaires and billionaires from paying even one more penny in taxes.(1)
Democrats repeatedly offered to make deep spending cutsfar deeper than most progressives would likein exchange for raising taxes on the wealthy and closing corporate loopholes, only to be refused again and again. (2) ( )
So even though the vast majority of Americans say they want to protect Social Security, Medicare, and Medicaid benefits, and raise taxes on the rich and corporations,(3) that won't happen until Republicans put aside their extremist stance.
and
MYTH #5: The biggest crisis facing our country is out of control government spending.
REALITY: The two biggest drivers of our deficitby farare the economic crash and the Bush tax cuts. (10)
We have millions of people out of work, corporations hoarding cash, and factories sitting idle. If we put all those people back to workrebuilding infrastructure, educating our children, and researching new technologiesit'll shrink the deficit and make our economy stronger for the long haul. And we can easily afford it if we make sure the richwho are taking home a larger percentage of income than any time since 1917 (11)pay their fair share.
Footnotes:
(1) "No, 'both sides' aren't equally to blame for supercommittee failure," The Washington Post, November 21, 2011
No, `both sides’ aren’t equally to blame for supercommittee failure - The Plum Line - The Washington Post
(2) "Wonkbook: In supercommittee, Dems moved right and Republicans moved righter," The Washington Post, November 22, 2011
Wonkbook: In supercommittee, Dems moved right and Republicans moved righter - The Washington Post
(3) "CNN Poll: What The Super Committee Produced Is...Exactly What We Don't Want," Talking Points Memo, November 21, 2011
(10) "Economic Downturn and Bush Policies Continue to Drive Large Projected Deficits," Center on Budget and Policy Priorities, May 10, 2011
Economic Downturn and Bush Policies Continue to Drive Large Projected Deficits — Center on Budget and Policy Priorities
(11) "Income Inequality Is At An All-Time High: STUDY," The Huffington Post, September 14, 2009
Income Inequality Is At An All-Time High: STUDY
Gotta put Shitman back on the ignore list.
CBO: Obama Pork Bill hurts economy in the long run
of the benefits of President Obamas 2009 stimulus package, saying it may have sustained as few as 700,000 jobs at its peak last year and that over the long run it will actually be a net drag on the economy.
CBO said that while the Recovery Act boosted the economy in the short run, the extra debt that the stimulus piled up crowds out private investment and will reduce output slightly in the long run by between 0 and 0.2 percent after 2016.
The analysis confirms what CBO predicted before the stimulus passed in February 2009, though the top-end decline of two tenths of a percent is actually deeper than the agency predicted back then.
In the 1990s, we raised taxes.
and I think the 'economy' was a vastly different place then too, yes?
Yes. But it's pretty ironic when the poster admonishes others for not remembering the 90s when he doesn't remember the 90s.
Bush ran up an average of $410 billion in deficit spending per year, while Obama is running up an average of $1.413 trillion in deficit spending per year — or $1.003 trillion a year more than Bush, we really need to cut spending first.
MYTH #1: The congressional Super Committee failed because both sides refuse to compromise.
REALITY: The Super Committee failed because Republicans' number one, non-negotiable priority is to protect millionaires and billionaires from paying even one more penny in taxes.(1)
Democrats repeatedly offered to make deep spending cuts—far deeper than most progressives would like—in exchange for raising taxes on the wealthy and closing corporate loopholes, only to be refused again and again. (2) ( )
So even though the vast majority of Americans say they want to protect Social Security, Medicare, and Medicaid benefits, and raise taxes on the rich and corporations,(3) that won't happen until Republicans put aside their extremist stance.
and
MYTH #5: The biggest crisis facing our country is out of control government spending.
REALITY: The two biggest drivers of our deficit—by far—are the economic crash and the Bush tax cuts. (10)
We have millions of people out of work, corporations hoarding cash, and factories sitting idle. If we put all those people back to work—rebuilding infrastructure, educating our children, and researching new technologies—it'll shrink the deficit and make our economy stronger for the long haul. And we can easily afford it if we make sure the rich—who are taking home a larger percentage of income than any time since 1917 (11)—pay their fair share.
Footnotes:
(1) "No, 'both sides' aren't equally to blame for supercommittee failure," The Washington Post, November 21, 2011
No, `both sides’ aren’t equally to blame for supercommittee failure - The Plum Line - The Washington Post
(2) "Wonkbook: In supercommittee, Dems moved right and Republicans moved righter," The Washington Post, November 22, 2011
Wonkbook: In supercommittee, Dems moved right and Republicans moved righter - The Washington Post
(3) "CNN Poll: What The Super Committee Produced Is...Exactly What We Don't Want," Talking Points Memo, November 21, 2011
(10) "Economic Downturn and Bush Policies Continue to Drive Large Projected Deficits," Center on Budget and Policy Priorities, May 10, 2011
Economic Downturn and Bush Policies Continue to Drive Large Projected Deficits — Center on Budget and Policy Priorities
(11) "Income Inequality Is At An All-Time High: STUDY," The Huffington Post, September 14, 2009
Income Inequality Is At An All-Time High: STUDY
So much bullshit, the lying was really special.
and
Footnotes:
(1) "No, 'both sides' aren't equally to blame for supercommittee failure," The Washington Post, November 21, 2011
No, `both sides’ aren’t equally to blame for supercommittee failure - The Plum Line - The Washington Post
(2) "Wonkbook: In supercommittee, Dems moved right and Republicans moved righter," The Washington Post, November 22, 2011
Wonkbook: In supercommittee, Dems moved right and Republicans moved righter - The Washington Post
(3) "CNN Poll: What The Super Committee Produced Is...Exactly What We Don't Want," Talking Points Memo, November 21, 2011
(10) "Economic Downturn and Bush Policies Continue to Drive Large Projected Deficits," Center on Budget and Policy Priorities, May 10, 2011
Economic Downturn and Bush Policies Continue to Drive Large Projected Deficits — Center on Budget and Policy Priorities
(11) "Income Inequality Is At An All-Time High: STUDY," The Huffington Post, September 14, 2009
Income Inequality Is At An All-Time High: STUDY
So much bullshit, the lying was really special.
Go right on thinking my end of the boat is sinking while you're arranging those deck chairs. Denial is most definitely not just a river in Egypt. It is alive and kicking in every Conservative heart in this country. But aren't they waiting on the Rapture to swoop down from the sky and spirit them away.
Democrats tax-hike obsession killed the SuperCommittee
So much bullshit, the lying was really special.
Go right on thinking my end of the boat is sinking while you're arranging those deck chairs. Denial is most definitely not just a river in Egypt. It is alive and kicking in every Conservative heart in this country. But aren't they waiting on the Rapture to swoop down from the sky and spirit them away.
Your first myth vs fact is a lie. Try truth if you want an honest discussion.
Go right on thinking my end of the boat is sinking while you're arranging those deck chairs. Denial is most definitely not just a river in Egypt. It is alive and kicking in every Conservative heart in this country. But aren't they waiting on the Rapture to swoop down from the sky and spirit them away.
Your first myth vs fact is a lie. Try truth if you want an honest discussion.
Take it up with the Washington Post - it's their lie, not mine. And as for this Administration and this Congress, I'm not sure an "honest discussion" is even possible. They have accomplished so little of value for the people and are so seldom honest concerning what they do accomplish.
Bush ran up an average of $410 billion in deficit spending per year, while Obama is running up an average of $1.413 trillion in deficit spending per year — or $1.003 trillion a year more than Bush, we really need to cut spending first.
This is the kind of ignorance on this board that really ruins the opportunity to have intelligent discussion.
Tax revenues peaked in 2007. Since 2007, there has been a total loss of 1.3 trillion dollars in tax revenue through 2011,
compared to where revenues would be had the 2007 level been sustained.
The problem is a combination of lost revenues and higher spending; the only right solution is a combination of raising revenues and cutting spending.
No one has yet to prove that principle wrong.
You want to spend 10 times what the Russians spend on the military, then you have to pay for it.
Why shouldn't you have to pay for it?
sloppy sidestep, defense has been cut and will be cut more, your turn tool. medicare? SSI? anytime now...
You want to spend 10 times what the Russians spend on the military, then you have to pay for it.
Why shouldn't you have to pay for it?
sloppy sidestep, defense has been cut and will be cut more, your turn tool. medicare? SSI? anytime now...
Both of which are paid for. Brilliant ConJob logic.
It was Repugs that killed the any action by the Stupid Committee in the first place.
IF YOU had paid any attention at all (I know it's hard, being fixednews head), but Dems put Social Security, MediCare and SSI on the table it was THE FUCKING REPUGS THAT SAID NO.
Try to think for yourself you ditto head.
Bush ran up an average of $410 billion in deficit spending per year, while Obama is running up an average of $1.413 trillion in deficit spending per year or $1.003 trillion a year more than Bush, we really need to cut spending first.
This is the kind of ignorance on this board that really ruins the opportunity to have intelligent discussion.
Tax revenues peaked in 2007. Since 2007, there has been a total loss of 1.3 trillion dollars in tax revenue through 2011,
compared to where revenues would be had the 2007 level been sustained.
The problem is a combination of lost revenues and higher spending; the only right solution is a combination of raising revenues and cutting spending.
No one has yet to prove that principle wrong.
and Arrogance indeed !
How dare anyone speak the truth!
The gov't has a spending problem
Like an addict it needs an intervention
No more until real spending change is in place
To raise taxes now after Papa Obama increase spending so much
is like giving a drug addict one more fix
before he sobers up
November 22, 2011
"Thanks to Republicans who signed Grover Norquists pledge never to raise taxes, your taxes are automatically scheduled to go up in January unless you are a plutocrat.
The law that created the congressional super committee set a target of this week for reducing budget deficits. The committee failed to meet the target.
Republican members were willing to cut programs that benefit millions, but they would not raise taxes on the hundreds of thousands of families whose annual income is in the millions and, in a few cases, billions of dollars.
So barring a mad scramble to pass new laws in the next six weeks, workers will pay around $110 billion more in payroll taxes next year and they will not get a $55 billion tax cut proposed two months ago by President Barack Obama. Absent another last-minute fix, more than 22 million families will be required to pay higher income taxes due to the Alternative Minimum Tax, some only because a parent or child has cancer or some other costly medical need."
