If we tax the millionaires

[Rozman]

Do you think those extra dollars will be used to pay down the debt or will DC find a way to just spend it??

I don't think this administration has any desire to pay down the debt, they just want more to spend. On vacations, parties, paying off they're supporters with tax payer dollars, golfing, traveling the world, and don't forget supporting Union cronies.

I have told this story before.
Debbie Wasserman what's her face was being interviewed
about what the government would do with the money
generated from the end of the Bush tax cuts.
This lady could not get the words out of her mouth fast enough.
She wanted the government to.....
hold onto your hats here folks......
She said the word that defines Libs the best ....

SPEND

She would spend it on all sorts of government programs....

Not one frigging thought to applying it to the debt,the interest on the debt or the deficit.

She was going on and on about all the things she wanted to spend it on....

 

[healthmyths]

To a large extend the problems we face now as a result of a growing national debt can be laid at the feet of Bush II's tax cuts coupled with two unfunded wars.

Remember that we were paying down the natuinal dubt under Clinton during those better times?

That being said, I do NOT support tax increases at this time, given the deflational recession we're in.

1) $8 trillion in tax losses due to
a) dot.com bust had $5 trillion in market losses.
people like Obama started in 2002 to write off their taxes these losses.
Obama each year writes off $100,000 against his tax bill
b) Do you remember 9/11??? $2 trillion in business,market,economic losses being written off against tax payments.
c) Are you forgetting the WORST HURRICANE SEASONS in history $1 trillion in losses destroyed businesses, lost jobs..
All toll every year for 30 years this $8 trillion is BEING written off by Obama and other tax payers against the tax bill at the rate of $267 BILLION a year since 2002!

BUT YOU NEVER MENTION THAT!

2) Do you remember 9/11? The Anthrax attacks?
Since 2003 Homeland Security A BRAND NEW AGENCY has cost $640 billion MORE AND YOU IGNORANTLY FORGET THAT! All because of 9/11!
Do you remember your feelings on 9/12/2001? Millions of Americans were pissed!

3) Let's talk about IRAQ/AFGHANISTAN!!!
a) Did you forget that from 1991 to 2003 Saddam BROKE the 1991 CEASE FIRE 1,000s of times? Did you KNOW THAT THE CEASE FIRE was JUST THAT?
b) Did you know the military victory was accomplished in less the 3 months?
BUT TRAITORS CHEERLEADERS LIKE YOU!! YOU OBAMA,REID all didn't want for PURE POLITICAL GAIN the USA TO WIN!
SO YOU and TRAITORS like YOU encouraged. CHEERED! Every day in the news encouraged these barbarians and you CHEERED them to kill US troops, 87,000
Iraqis and cost ANOTHER $800 billion .. ALL because you and these CHEERLEADING STATEMENTS Encouraged, cheered on the prolonging of conflict!
DISGUSTING !

Durbin (D) "must have been done by Nazis, Soviets --action of Americans in the treatment of their prisoners.
Senate Majority Leader Harry Reid(D) "War is lost",
U.S. Rep. Murtha(D) "Our troops killed innocent civilians in cold blood,”
Senator Kerry(D) "American soldiers going into the homes of Iraqis in the dead of night, terrorizing kids and children."
Senator Obama(D) .."troops are air-raiding villages and killing civilians,"

ADD IT UP IDIOT!
$267 billion a YEAR NOT coming in tax revenue due to dot.com/9/11/hurricanes $2.1 TRILLION over the last 8 years!
$ 1.5 TRILLION going OUT because traitors LIKE YOU CHEERED LIKE the above!

SO AGAIN where is your CONSCIENCE?
Where is your integrity?
WHERE IS your honesty?

WHEN you totally ignorantly refuse like an idiot ostrich burying your head to RECOGNIZE that $1.5 trilion going OUT because of traitors like you and
$267 billion times 8 years (2004- 2011) or nearly $2.1 trillion in TAX WRITE OFFS like what Obama has been taking at the rate of $100,000 personally a year..
RECOGNIZE THAT $2.1 Trillion NOT coming in PLUS $1.5 trillion going out that is nearly $4 trillion and YOU evidently DON"T REMEMBER !

 

[Wry Catcher]

Do you think those extra dollars will be used to pay down the debt or will DC find a way to just spend it??

I don't think this administration has any desire to pay down the debt, they just want more to spend. On vacations, parties, paying off they're supporters with tax payer dollars, golfing, traveling the world, and don't forget supporting Union cronies.

U.S. Justice Department indicts Swiss bank Wegelin - Yahoo! News

You got some of it correct, "I don't think" is spot on.

 

[Claudette]

Here is the way it works when negotiating "tax increases for spending cuts". The tax increases start immediately. The spending cuts never materialize.

Bingo.

 

[Wry Catcher]

Here is the way it works when negotiating "tax increases for spending cuts". The tax increases start immediately. The spending cuts never materialize.

Bingo.

And yet Gov. Brown in California has already commenced budget cuts and still the Republicans in the legislature refuse to vote for modest tax increases. So, not only is Zander's post inaccurate, Claudette's remark is an example of abject ignorance.

Let's get illegal tax shelters closed, collect the money owed and use it to pay down the debt. See:

Reuters) - "The United States indicted Wegelin, the oldest Swiss private bank, on charges that it enabled wealthy Americans to evade taxes on at least $1.2 billion hidden in offshore bank accounts, the U.S. Justice Department said on Thursday.

The announcement, by federal prosecutors in Manhattan, represents the first time an overseas bank has been indicted by the United States for enabling tax fraud by U.S. taxpayers.

The indictment said the U.S. government had seized more than $16 million from Wegelin's correspondent bank, the Swiss giant UBS AG, in Stamford, Connecticut, via a separate civil forfeiture complaint. Because Wegelin has no branches outside Switzerland, it used correspondent banking services, a standard industry practice, to handle money for U.S.-based clients.

UBS could not be reached for immediate comment.

The charges against Wegelin, of fraud and conspiracy, provide a rare glimpse into the world of Swiss private banking in the wake of a crackdown on UBS AG. In 2009, UBS paid $780 million and entered into a deferred prosecution agreement with the Justice Department over charges it engaged in fraud and conspiracy by enabling scores of Americans to evade taxes through its private bank. The bank later turned over the names of more than 4,500 clients, a watershed in Swiss bank secrecy, which protects the confidentiality of clients and their data."


See the link in post 43 above for the full report

 

[mudwhistle]

Do you think those extra dollars will be used to pay down the debt or will DC find a way to just spend it??

I don't think this administration has any desire to pay down the debt, they just want more to spend. On vacations, parties, paying off they're supporters with tax payer dollars, golfing, traveling the world, and don't forget supporting Union cronies.

They were offering the Reps 3-4 $ in cuts for every $ in taxes. Think you should pay attention to the news. You won't look so foolish in the future.

The news never lies. Yeah, right.

Btw, the Democrats offered this back in the Reagan years and it never happened.

They like to offer future cuts for new tax increases today. For some strange reason those cuts never get done.

 

[Wry Catcher]

Do you think those extra dollars will be used to pay down the debt or will DC find a way to just spend it??

I don't think this administration has any desire to pay down the debt, they just want more to spend. On vacations, parties, paying off they're supporters with tax payer dollars, golfing, traveling the world, and don't forget supporting Union cronies.

They were offering the Reps 3-4 $ in cuts for every $ in taxes. Think you should pay attention to the news. You won't look so foolish in the future.

The news never lies. Yeah, right.

Btw, the Democrats offered this back in the Reagan years and it never happened.



They like to offer future cuts for new tax increases today. For some strange reason those cuts never get done.

And yet Gov. Brown in California has already commenced budget cuts and still the Republicans in the legislature refuse to vote for modest tax increases.

And, btw, the right wing partisan hacks are now complaining that Gov. Brown is callous because he has cut social services to the poor, aged and infirm.

Why are Republicans hypocrites, because hypocrites are Republicans, its required for admission to their 'big' tent.

 

[Claudette]

Here is the way it works when negotiating "tax increases for spending cuts". The tax increases start immediately. The spending cuts never materialize.

Bingo.

And yet Gov. Brown in California has already commenced budget cuts and still the Republicans in the legislature refuse to vote for modest tax increases. So, not only is Zander's post inaccurate, Claudette's remark is an example of abject ignorance.

Let's get illegal tax shelters closed, collect the money owed and use it to pay down the debt. See:

Reuters) - "The United States indicted Wegelin, the oldest Swiss private bank, on charges that it enabled wealthy Americans to evade taxes on at least $1.2 billion hidden in offshore bank accounts, the U.S. Justice Department said on Thursday.

The announcement, by federal prosecutors in Manhattan, represents the first time an overseas bank has been indicted by the United States for enabling tax fraud by U.S. taxpayers.

The indictment said the U.S. government had seized more than $16 million from Wegelin's correspondent bank, the Swiss giant UBS AG, in Stamford, Connecticut, via a separate civil forfeiture complaint. Because Wegelin has no branches outside Switzerland, it used correspondent banking services, a standard industry practice, to handle money for U.S.-based clients.

UBS could not be reached for immediate comment.

The charges against Wegelin, of fraud and conspiracy, provide a rare glimpse into the world of Swiss private banking in the wake of a crackdown on UBS AG. In 2009, UBS paid $780 million and entered into a deferred prosecution agreement with the Justice Department over charges it engaged in fraud and conspiracy by enabling scores of Americans to evade taxes through its private bank. The bank later turned over the names of more than 4,500 clients, a watershed in Swiss bank secrecy, which protects the confidentiality of clients and their data."


See the link in post 43 above for the full report

WOW. Abject ignorance? I'll take that as a compliment coming from you there Wry.

I'm sure Reagan and Bush I would be glad to know that the Dems followed through with their promised cuts after they got more taxes.

Seems promises are easy but following through is the tough part for the Dems

As for Gerry Brown? I'm sure the taxpayers in CA will be more than happy to pay higher taxes.

Lets face it the CA taxpayer is way undertaxed.

 

[Wry Catcher]

Bingo.

And yet Gov. Brown in California has already commenced budget cuts and still the Republicans in the legislature refuse to vote for modest tax increases. So, not only is Zander's post inaccurate, Claudette's remark is an example of abject ignorance.

Let's get illegal tax shelters closed, collect the money owed and use it to pay down the debt. See:

Reuters) - "The United States indicted Wegelin, the oldest Swiss private bank, on charges that it enabled wealthy Americans to evade taxes on at least $1.2 billion hidden in offshore bank accounts, the U.S. Justice Department said on Thursday.

The announcement, by federal prosecutors in Manhattan, represents the first time an overseas bank has been indicted by the United States for enabling tax fraud by U.S. taxpayers.

The indictment said the U.S. government had seized more than $16 million from Wegelin's correspondent bank, the Swiss giant UBS AG, in Stamford, Connecticut, via a separate civil forfeiture complaint. Because Wegelin has no branches outside Switzerland, it used correspondent banking services, a standard industry practice, to handle money for U.S.-based clients.

UBS could not be reached for immediate comment.

The charges against Wegelin, of fraud and conspiracy, provide a rare glimpse into the world of Swiss private banking in the wake of a crackdown on UBS AG. In 2009, UBS paid $780 million and entered into a deferred prosecution agreement with the Justice Department over charges it engaged in fraud and conspiracy by enabling scores of Americans to evade taxes through its private bank. The bank later turned over the names of more than 4,500 clients, a watershed in Swiss bank secrecy, which protects the confidentiality of clients and their data."


See the link in post 43 above for the full report

WOW. Abject ignorance? I'll take that as a compliment coming from you there Wry.

I'm sure Reagan and Bush I would be glad to know that the Dems followed through with their promised cuts after they got more taxes.

Seems promises are easy but following through is the tough part for the Dems

As for Gerry Brown? I'm sure the taxpayers in CA will be more than happy to pay higher taxes.

Lets face it the CA taxpayer is way undertaxed.

Yes, abject ignorance. It's okay though, enjoy your bliss.