Obama Confused About Taxes...

Discussion in 'Budget & Taxes' started by onalandline, Sep 21, 2011.

  1. Political Ed

    Political Ed New Member

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    http://http://en.wikipedia.org/wiki/File:MarginalIncomeTax.svg


    I draw the dichotomy before and after WWII. Before we had no SS and military spending was minimal, so it isn't entirely relevant as far as tax policy and the effect on the economy since they were different economies. It's simple, lower taxes and the rich pocket their profits, I would too; it's not sinister. Raise taxes and they have to reinvest them by spending. Looka t what preceeded the Great Depression and the Reagan years with the trippling of the debt in 8 years under Reagan, then the doubling of the much-inflated debt with GWB. Not to mention these were times where the presidents inherited at least a stable debt scenario and left an entire mess. Too much coincidence to be accidental.
     
  2. Political Ed

    Political Ed New Member

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    Really? We spent a pretty fair amount during the early cold war years and the debt was pretty stable, the late years we kept it churning and quit taxing and look what happened. Yea, spending is the issue alright....not.
     
  3. Political Ed

    Political Ed New Member

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    It took Clinton 5 years to turn the corner, he had the dotcom boom, so that may have expedited it. Just look at your precious fascist Ronnie and GWB, they did basically the same thing with the same result. Look at Clinton and even Carter, hell, Carter even had the stagflation and he still had job growth at a higher rate than fascist Ronnie could buy / deficit spend jobs for.

    So how long will it take to undo our precious Republican's mess? I can't tell you that, just like history has shown us and how we recovered from the Great Depression, just raise taxes and bide your time.
     
  4. SiliconMagician

    SiliconMagician Banned

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    So what?

    Why do we have to have all the Government services that other nations have? Why can't we Americans be tougher, meaner and just suck it up and do without all the frills that other nations Governments give their people?

    Why can't we be as tough as the Chinese are as a people? We can't we be as tough as many Latin Americans are who go without most of these social services that people in this country scream about losing?

    You know it is possible to be poor, and still live a happy, if spartan existence.
     
  5. Political Ed

    Political Ed New Member

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    How can you guys be mad, he kept your incidious tax cuts and kept your wars going? It didn't matter what kind of a Repblican he turned out to be, you guys would hate him regardless.
     
  6. Political Ed

    Political Ed New Member

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    So what you're saying w/o saying it is we should just defer to the rich under some principle of sucking it up? Forego healthcare, just go die in the streets because we're too tough to whine. I do like your comparison of teh Chinese to the USA, they both have about teh same distribution of wealth, just as the US and most Communist countries do.
     
  7. onalandline

    onalandline Well-Known Member Past Donor

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    The following is from June 2009, but I would bet that Conservative numbers are even higher today.

    "Conservatives" Are Single-Largest Ideological Group: Click Here

    You claim that a greater rate of Conservatives voted in the 2008 election, but there was an even greater rate of liberal voters due to Obama's extensive media campaign, and the number of folks that believed what he said. Certainly there were more Blacks than ever voting. You cannot deny that, and most of them voted for Obama for obvious reasons.

    My theory is not a theory, but a fact.

    Also, next time use a spell checker so that your posts are easier to read.
     
  8. onalandline

    onalandline Well-Known Member Past Donor

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    So quit whining about the wealthy not paying enough taxes.
     
  9. SiliconMagician

    SiliconMagician Banned

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    I don't give a (*)(*)(*)(*) about 'distribution of wealth'. It is irrelevant. Who is rich and how rich they are is all irrelevant because these people do not affect your life personally, only you can. Your life is in your control, no one but you controls it.

    Healthcare is affordable if you tell your kid to shut up and do without a PS3 or X-box and you get rid of cable and turn off the TV and make your kids find other ways to entertain themselves.

    In other words, be willing to sacrifice luxury to have health care.
     
    onalandline and (deleted member) like this.
  10. Political Ed

    Political Ed New Member

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    Ok, so we have a bunch of conservatives who vote Democratic:


    Thus far in 2009, Gallup has found an average of 36% of Americans considering themselves Democratic, 28% Republican, and 37% independent. When independents are pressed to say which party they lean toward, 51% of Americans identify as Democrats, 39% as Republicans, and only 9% as pure independents.

    You win the ideology battle, hence you are an ideologue and I win the partisan battle.

    2 million more blacks showed up than in 04. The young vote, tired of some crusty ole white dude running all the favors to the rich, made the diff, do a political fact check. So regardless of how people identified with their personal ideologies they voted Dem. That actually is a slam against you, that means you lost your own ideological base as they were sickened by the actions of your party; oops, stepped in it again.

    Also, what neo-con post isn't complete without an ad hominem reference to spelling with 1 or 2 errors? At least we know you're an ideologue and a neo-con w/o having to dig for it. Have a nice day.
     
  11. Political Ed

    Political Ed New Member

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    It's irrelevant to you, but it shows how the US is a lot like Communist countries, and that pisses you off, which is why I need to start a thread on it.

    And the rest of your delightful pro-classist post, so we'll just live in 500 sq ft shacks w/o HC so we can continue to make money for the rich and spread the disparity of wealth as we now know it. You can, I think I won't. BTW, I'm getting a 20k+ surgery on my wrist thanks to Obamacare! Have a nice one.

    BTW, rich and poor are all relative, if there are more rich people out there it can affect price inflation, so it does affect me. And how the gov sets taxes also matters, if they set them ultra low as now, then teh rich can just avoid taxes easily, if they set them higher then the rich have to spend to shelter their profits and this creates employment.
     
  12. Political Ed

    Political Ed New Member

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    Why should I quit that since class disparity is spreading even more, the rich are allowed to pay a small tax and not spend/reinvest some of it and now we have high unemployment in part due to that. Youy can be an anarchist but I won't.
     
  13. onalandline

    onalandline Well-Known Member Past Donor

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    This is no slam against me. The facts are the facts.

    The fact remains that more Americans lean conservative than liberal.

    The Obama campaign machine did a great job at bringing out more liberals/democrats than the McCain campaign did bringing out conservatives/republicans.

    That's all there is too it.

    I am also glad that you finally decided to use a spell checker. :)
     
  14. onalandline

    onalandline Well-Known Member Past Donor

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    What's the solution?
     
  15. Meta777

    Meta777 Moderator Staff Member

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    Tell that to the rich people,
    why can't they suck it up and try to live a little more like the Chinese?


    If the richest 20% of Americans own 93% of the wealth,
    don't you think they ought to be paying closer to 93% of the taxes for what presumably all Americans benefit from?


    Please see above,
    Don't you think the rich ought to be willing to sacrifice luxury as well?

    -Meta
     
  16. Meta777

    Meta777 Moderator Staff Member

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    Part of the solution is increasing taxes on the rich.
    I believe the situation can be helped further through infrastructure spending.

    -Meta
     
  17. fmw

    fmw Well-Known Member

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    No, they don't have 93% of the wealth. They pay sonewhere in the neighborhood of 93% of the taxes. 40% of Americans pay no income tax at all. Why should they benefit from what the government does? And what presumption leads you to believe that all Americans benefit from anything the federal government does?

    Why should anybody sacrifice anything they don't have to sacrifice? Why can't people enjoy what they have earned? Why don't you sacrifice more? Is it just too easy to covet someone else's money?

    Want more wealth? Go earn some. Nobody is stopping but yourself.
     
  18. Political Ed

    Political Ed New Member

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    I don't use spell check, because I may make an occassional spelling error only people who can't impeach content resort to grammatical error. Thx to Obama's HC plan I will be getting my lifelong broken wrist fixed in about 2 months. So if you wonder about the occassional spelling errors, I have to hang my left elbow below the keyboard in order to not break my wrist over the flexion point, but keep it well below the extension point.

    I wasn't trying to slam you, I was illustrating the non sequitor you made: More people are conservative yet the conservativee lost by 10M votes last general election; your claim doesn't support the outcome. Even if that Gallup poll is right, I wonder of the methodology.

    As for who brought whom out, Republicans have been stinking it up for quite a while now, so they were due to get trashed. Sorry, but the same young folks who came out in 08 should come out again, and Obama won by a landslide EV wise, so it s/b an easy win.
     
  19. Political Ed

    Political Ed New Member

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    Tax increases, it forces reinvestment. Show me a major federal tax cut in the last 100 years that has bettered us, or show a maj fed tax increase that has hurt the economy. Look at the last 100 years of top marginal tax brkts and you can see as taxes are higher, better things happen, lower, they go to hell.

    http://http://en.wikipedia.org/wiki/File:MarginalIncomeTax.svg


    [​IMG]
     
  20. Political Ed

    Political Ed New Member

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    The rich US folks do live just like the rich Chinese folks. Actually, our sidtribution of income is worse than China, my apologies to China. http://https://www.cia.gov/library/publications/the-world-factbook/rankorder/2172rank.html

    [​IMG]
     
  21. Political Ed

    Political Ed New Member

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    I can tell, just a guess, you don't do a lot of research; just a hunch.

    http://http://sociology.ucsc.edu/whorulesamerica/power/wealth.html

    [​IMG]

    Financial Wealth
    Top 1 percent Next 19 percent Bottom 80 percent

    2007 42.7% 50.3% 7.0%
     
  22. Not Amused

    Not Amused New Member

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    Politicians caught on how the game was played, and kept the adding laws, loopholes, and regulations, until they had enough power to turn the tables.

    Then they pushed back - as an example Microsoft ignored government, so government went after them - now Microsoft spends lots of money in Washington. Good little Microsoft......

    But, the politicians want more. New game, the left threatens tax increases, so the rich increase their investments to stall that vote. The right offers to protect the rich, so they get more investments. Nice little staged stalemate, where the politicians win.

    All this money comes from the consumer.

    So, support the left and the right, and give them the horsepower they need up the game to the next level.

    In a manner, the left is right. The rich are stealing from us, what their politicians are careful not to say is "with our blessing."

    The left is dreaming if they thinks taxing the rich is going to improve their lives. The politicians have other plans for that money, to solidify their power even more. The die hard left is already drinking the koolaid. I mean, really, the inner city keeps buying the lefts BS every single election, while their life gets worse and worse. No need to spend money there. The same with the die hard right, they ain't gonna change. That extra money will be to buy the independant vote with whatever entitlements (bribes) work best.

    Where is our watch dog media? Gee - who help Obama get elected by convincing the independants he was hope and change? Saturday Night Live was too close to the truth - yet the independants fell for it.

    That didn't work last election, and won't work on the next election, so now it is tax the rich.
     
  23. fmw

    fmw Well-Known Member

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    How can the rich be stealing from you? I know all kinds of rich people and none of them steal from anybody. They earn a lot of money and I salute them for that. Where does all this "stealing" come from? You are a consumer. You decided where and how to spend your money. Nobody is taking your money against your will. Now the government, on the other hand, engages in stealing in my view because it takes money from people against their will and wastes it on things that provide personal power to the wasters. There is corruption in all facets of society but government is more corrupt than business. Business has to answer to its customers. Government answers to no one.
     
  24. Meta777

    Meta777 Moderator Staff Member

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    He means stealing in a figurative way.
    I personally prefer to refer to what they do as extortion.

    That said, there are many rich people who steal out right in the traditional since.
    That you are unaware of them tells me that you are not looking hard enough.
    Tell me, are you familiar with the term fraud?


    The term earn is subjective.
    What do you take the term earn to mean?
    In my view, the rich do not earn all of the money they keep,
    just as bank robbers do not earn the money they receive from a heist.


    Again, this is up for interpretation.
    And I should add that it is not simply limited to consumers.


    In a truly democratic government,
    you cannot say that the government does anything against the will of the people.
    There may be a few who don't agree with the majority,
    but as long as they are voluntarily a part of that society,
    then they accept they are
    voluntarily accepting the terms of that society's governing body.

    Now, that's not to say that the U.S. government is truly democratic.
    But I'd say its pretty close when compared to some other governments.


    Can you prove this?


    Not necessarily.
    While that may be true in the case of businesses that deal in things that society could more or less do without, that assumption falls apart when businesses take over the necessities of life.

    Your statement is really only true of luxuries, and even then,
    though those businesses may need to be beholden to its customers
    if they want to make any money, they are under little or no obligation
    to attend to the needs of the employees who work for that business.


    Wrong.

    Like I just mentioned, the U.S. has a democratically chosen government.
    Though they might not be as tied to the people as one might one,
    the government does have to answer to the people for its actions.

    -Meta
     
  25. Political Ed

    Political Ed New Member

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    I don't know who this is addressed to, I assume you are unable to answers someone's post so you post this aimless rhetoric so as to make it appear that you did respond.

    So, the top 20% hold 93% of all wealth, did you see my cite, why are you avoiding it?
     

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