Tax cuts for the rich a mistake

[bigrebnc1775]

I hope they let them expire, since I'll retire still just under that limit.
They will not change the definition of rich and a decade from now that tax hits the upper middle class. Soggy douche is right, 120,000,000 should not be escaping all taxes and should have their handout's halved.

Since you will be under the limit you want the tax cuts to expire. What if you were over the limit would you still want the tax cuts to expire?

 

[topspin]

**** no! But I'll go with Geitner on this one. Rich aren't going to change their spending like the other 98 percent would if they don't get them extended.

 

[Barb]

Whoa whoa whoa. Let's back up the truck there, speedy gonzalez. You don't get to move the goal posts here. Land owners aren't poor. Government isn't poor. You don't get to pretend a collective is a poor person. Invalid argument.

I want to know when the last time YOU were hired by a POOR person... singular? You know, one who needs gubmint assistance to make ends meet? From his payroll to your pocket with a W-2 or 1099 form.

It is absolutely NOT an invalid argument! That money circulates through and provides valuable support for all the sectors of the economy I mentioned. YOU don't get to set the goal posts!

Excuse me? I asked the ******* question, I get to set the ******* goal posts for what an answer is. You don't get to dance around the issue if you want to answer my question!

if the question is : 2+2= ?

You don't get to go on to a treatise of why addition is evil and discriminatory and how there are many other ways to reach an answer without adding only two numbers of similar value. That doesn't answer the ******* question! What's next? Stating that 2+2 is racist??

Now butch up and answer it or slink away like the exposed commie you're acting like.

You asked a ******* question and I gave you a solid and comprehensive ******* answer. Don't like "sweetness?" Okay, asshole, I'll address you as asshole from now on.

And 2+2 only = 4 in base ten.

 

[PLYMCO_PILGRIM]

Letting people keep what's rightfully theirs isn't "giving" them anything, nincompoop.

Giving them a break for no reason other than to give them a break IS giving them something. Asshole.

How is taking income from the hands of laborers giving them a break again?




Oh and love the total lack of response when someone gave you guys some facts to contradict what has been being said....here i'll give you another shot in case you missed them the first time:

Sure, only in your world is not raising taxes a tax cut. Taxing the shit outta 2% of the population will go along way towards reducing the debt. Nevermind the 120,000,000 paying $0 income taxes and that spending is approaching 30% of GDP.

More leftwing, classwarfare claptrap.

"The richest one percent of families will get an average tax cut of $92,000 in 2010."​

​

Since your concerned about the size of their tax cut you should also look at the amount of taxes they actually paid.

If someone is getting a $92,000 break from bush's tax cut that means they made ~$4,600,000 for the year. In this instance that individual still paid $1,260,000 in taxes after getting the $92,000 "tax break"


You can't just throw out that 92,000 without providing this context as MANY MANY people dont understand the entire picture.

Raise taxes on the rich and cut spending.

Let's start with the defense department.

Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.

National Taxpayers Union - History of Federal Individual Income Bottom and Top Bracket Rates

 

[Big Fitz]

It is absolutely NOT an invalid argument! That money circulates through and provides valuable support for all the sectors of the economy I mentioned. YOU don't get to set the goal posts!

Excuse me? I asked the ******* question, I get to set the ******* goal posts for what an answer is. You don't get to dance around the issue if you want to answer my question!

if the question is : 2+2= ?

You don't get to go on to a treatise of why addition is evil and discriminatory and how there are many other ways to reach an answer without adding only two numbers of similar value. That doesn't answer the ******* question! What's next? Stating that 2+2 is racist??

Now butch up and answer it or slink away like the exposed commie you're acting like.

You asked a ******* question and I gave you a solid and comprehensive ******* answer. Don't like "sweetness?" Okay, asshole, I'll address you as asshole from now on.

And 2+2 only = 4 in base ten.

Whaaaa Whaaaaa Whaaaaa! I wanna answer my way to hide the ******* truth I'm full of shit and have been exposed! Whaaaa whaaaa whaaaa...

How's that for MCing, *****?

When's the last time some poor person on or off gubmint assistance hire your ass for a job? Know anyone who has? You answer that question, instead of playing games with semantics so you can weasel out of an economic fact because you're too intellectually dishonest to say 'yeah... I was wrong. Maybe I should reassess my thought process on this one like I have every once in a while, because some blind squirrel finds a nut every now and again.

If you have a kid in elementary school, you try and get it to answer a math question base 2 or base 16 and see how fast you have a parent/teacher conference for why your kid has a perceived learning disability holding him back... meaning your game playing.

BTW, 2+2=4 in Base 16 too.

 

[Yurt]

i see liberals are still spreading the lie that bush's tax cuts were only for the top 2%

 

[jillian]

i see liberals are still spreading the lie that bush's tax cuts were only for the top 2%

well, you can stretch it to saying other people got a little something, but who do you think the tax cuts were most intended to benefit and did benefit?

It is true that everybody who paid federal income taxes is getting a cut. But according to the nonpartisan Tax Policy Center, 35.6 million individuals and families got zero benefit from the Bush cuts because their income was so low they were not paying federal income taxes before the cuts. This number includes 15.1 million workers who are paying federal payroll taxes for Social Security and Medicare. That's 15 million "taxpayers" who were left out.

FactCheck.org: Here We Go Again: Bush Exaggerates Tax Cuts

 

[Yurt]

i see liberals are still spreading the lie that bush's tax cuts were only for the top 2%

well, you can stretch it to saying other people got a little something, but who do you think the tax cuts were most intended to benefit and did benefit?

It is true that everybody who paid federal income taxes is getting a cut. But according to the nonpartisan Tax Policy Center, 35.6 million individuals and families got zero benefit from the Bush cuts because their income was so low they were not paying federal income taxes before the cuts. This number includes 15.1 million workers who are paying federal payroll taxes for Social Security and Medicare. That's 15 million "taxpayers" who were left out.

FactCheck.org: Here We Go Again: Bush Exaggerates Tax Cuts

why do liberals run around proclaiming bush tax cuts are only about the wealthy?

Among the most significant family-related tax increases, JCT found that:

•The child tax credit will be cut in half, from $1,000 to $500 per child, costing 31 million families an average of $1,033 in higher taxes next year.
•The marriage penalty in the standard deduction and the 15 percent bracket will be reinstated, costing 35 million married couples an average of $595 in higher taxes in 2011.
•The 10 percent bracket will be eliminated, raising the lowest tax rate to 15 percent, costing 88 million taxpayers an average of $503 in higher taxes next year.

http://www.citizenlink.com/2010/07/...-tax-cuts-expire-families-face-‘tax-tsunami’/

 

[Mr Natural]

To hell with deficits and the national debt!

Cut taxes even more!

 

[Yurt]

To hell with deficits and the national debt!

Cut taxes even more!

funny...when my budget sucks, i cut spending

 

[Mr Natural]

To hell with deficits and the national debt!

Cut taxes even more!

funny...when my budget sucks, i cut spending

You might be one of the responsible few.

Most people just whip out one of their many credit cards and carry on.

 

[Yurt]

To hell with deficits and the national debt!

Cut taxes even more!

funny...when my budget sucks, i cut spending

You might be one of the responsible few.

Most people just whip out one of their many credit cards and carry on.

i used to do that, until 4 years ago when i tried to buy a new car and realized my credit sucked, so i closed off 50% of cards and payed them down and now my credit is close to 800...oh and it helps buying a house too

i dont' understand why governments get a pass on this kind of budgeting, not just federal, but most states...and i'm not just for cutting spending on entitlement programs, but all across the board

 

[Big Fitz]

To hell with deficits and the national debt!

Cut taxes even more!

funny...when my budget sucks, i cut spending

That's how it works. Typical married couple conversation about budget as compared to the US Budget

"Honey, I'm just doing the books and it seems we are going to be a bit short this month. We're going to have to cut back."
"Oh really? Like what."
"Well, right here it says that you just bought premium healthcare here for 1.4 trillion. You know that our budget isn't that big! I mean look at the neighborhood we live in! Our security system itself is costing us 400 billion just to maintain it."
"True and we have all these charges for calls out to stop the neighbors from fighting. But we promised the kids we would pay for their healthcare."
"Yes I know, but we can't afford it. What else could we cut to find the money? Can't we just put it on the card?"
"Sure but the bank is angry we're only able to make minimum payments already. We're doing payday loans to try and keep up with that."
"Huh, why not demand your boss pay you more?"
"Remember how angry he was the last time I did that?"
"oh yeah, you got fired."
"Yeah. You can't do that to a boss."
"So, what're we going to do? we can't cut spending and can't increase revenue."
"We have no choice. We'll just stop paying!"
"Can we do that?"
"No... but who's going to stop us? We have a great security system."
"Yeah, but they're already grumbling about all the stuff we're making them do already, saying it's not what they're job is."
"Sucks to be them, we just keep paying them, and they'll keep us safe from anyone who wants to take away what we have."
"What a great idea, Honey! So how about we cater a party tonight and tomorrow go to Spain on vacation?"
"Oh, you go. I'm going to just bum around the house here while you're gone."
"Okay! Love you sweetie!"

<fin>

 

[Mr Natural]

funny...when my budget sucks, i cut spending

You might be one of the responsible few.

Most people just whip out one of their many credit cards and carry on.

i used to do that, until 4 years ago when i tried to buy a new car and realized my credit sucked, so i closed off 50% of cards and payed them down and now my credit is close to 800...oh and it helps buying a house too

i dont' understand why governments get a pass on this kind of budgeting, not just federal, but most states...and i'm not just for cutting spending on entitlement programs, but all across the board

Cutting spending is a foreign concept to Americans.

Have you noticed the size of the houses they build or the cars we drive?

Everybody thniks they need to live like rock stars and ballplayers.

 

[Yurt]

You might be one of the responsible few.

Most people just whip out one of their many credit cards and carry on.

i used to do that, until 4 years ago when i tried to buy a new car and realized my credit sucked, so i closed off 50% of cards and payed them down and now my credit is close to 800...oh and it helps buying a house too

i dont' understand why governments get a pass on this kind of budgeting, not just federal, but most states...and i'm not just for cutting spending on entitlement programs, but all across the board

Cutting spending is a foreign concept to Americans.

Have you noticed the size of the houses they build or the cars we drive?

Everybody thniks they need to live like rock stars and ballplayers.

true. i didn't realize how far out of my means i lived until i met some rich democrats who are multimillionaires, yet drive 7 year old cars all worth under 30K, live in modest homes and one guy, who could have retired from work and never worked again golfed with 12 year old non name brand golf clubs, he finally broke down and bought some new ones for $1500....this guy is worth a hundred times more than most people...

so now i do my best to live under my means, it was hard, but you get used to it...

 

[Big Fitz]

You might be one of the responsible few.

Most people just whip out one of their many credit cards and carry on.

i used to do that, until 4 years ago when i tried to buy a new car and realized my credit sucked, so i closed off 50% of cards and payed them down and now my credit is close to 800...oh and it helps buying a house too

i dont' understand why governments get a pass on this kind of budgeting, not just federal, but most states...and i'm not just for cutting spending on entitlement programs, but all across the board

Cutting spending is a foreign concept to Americans.

Have you noticed the size of the houses they build or the cars we drive?

Everybody thniks they need to live like rock stars and ballplayers.

The boomers have never been forced to sacrifice as a group in their lives. They taught their kids that never happens.

But the laws of economics say they will very soon have to cut spending and live on less. They're going to have a very cold October-December of their lives.

 

[Oddball]

Cutting spending is a foreign concept to Americans.

Have you noticed the size of the houses they build or the cars we drive?

Everybody thniks they need to live like rock stars and ballplayers.

Gee, now where would they get ideas like that?

 

[george4title]

this country must be forced into a collapse

 

[Soggy in NOLA]

this country must be forced into a collapse

Well, certainly a sane alternative to getting one's shit together.

 

[Soggy in NOLA]

i used to do that, until 4 years ago when i tried to buy a new car and realized my credit sucked, so i closed off 50% of cards and payed them down and now my credit is close to 800...oh and it helps buying a house too

i dont' understand why governments get a pass on this kind of budgeting, not just federal, but most states...and i'm not just for cutting spending on entitlement programs, but all across the board

Cutting spending is a foreign concept to Americans.

Have you noticed the size of the houses they build or the cars we drive?

Everybody thniks they need to live like rock stars and ballplayers.

The boomers have never been forced to sacrifice as a group in their lives. They taught their kids that never happens.

But the laws of economics say they will very soon have to cut spending and live on less. They're going to have a very cold October-December of their lives.

Uhh... what?????????