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Old 09-08-2008, 07:19 PM
hendrixpujols11 hendrixpujols11 is offline
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Originally Posted by CRIMSON MASK View Post
Economics 101- If you make it harder on the private sector (rich) by overtaxing them (they already pay most of the tax burdon already) they will respond by cutting jobs, raising prices, cutting services, and outsourcing jobs.
That is true, to some extent. Some rich never had businesses, and will react to overtaxing by NOT eating at a five star french restaurant and NOT traveling the world every week. That won't hurt the economy. There ought to be some system where if you start a businesses, there are tax deductions, or benefits of some sort, so that the wealthy invest and start businesses instead of claiming wealth to themselves. The Bush tax cuts, and supply side economics in general, is not meant to make the rich richer, but that is almost inevitable. That in principle is what pisses a lot of people off. Supply side economics is meant to help businesses and create jobs. All of this is very hard for most liberals to admit. But liberals need to acknowledge this, as conservatives need to acknowledge categories in which liberals are clearly right, or at least have ideas.
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  #12 (permalink)  
Old 09-08-2008, 07:29 PM
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Originally Posted by hendrixpujols11 View Post
http://money.cnn.com/2008/06/11/news...ion=2008061115

That's not true. If you consider making more than 603k a year low income, you are right. How will giving money to the lower class limit job growth? It won't. You could argue that taking money from the rich will. However, this is not always true. The rich might not start businesses, which means that they will keep the money for themselves, and not create jobs. So most small people who work for small businesses do not make 603k or more a year, so they would not see a raise in income taxes.
That's not true at all actually because it doesn't take into effect social security. Right now social security is only taxed on the first $97,000 of your income. This is in effect a 12.4% tax hike on top of the 4% raise on income over 250,000. After state taxes, under Obama's plan a person making over 250,000 will have a tax rate of over 60% on average. The removal of social security cap is a HUGE tax increase. At the end of the day, it's how much of my income I keep.

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None of that is true. I don't know where you got 800 billion dollars but it is wrong. McCain's plan lowers income taxes for everywhere, so the government will be making less revenue than they are now.
http://www.newamerica.net/pressroom/...g_and_tax_cuts

It's actually $500 billion in tax cuts and and spending. Obama's tax hikes are actually a transfer of wealth that will reduce federal tax revenues. Basically a lot of people will barely pay any taxes at all, the wealth creating class will get hit. Think I have seen higher numbers floating around.


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Well there is where you disagree with your friends. Fixing education requires money. To get money, you need taxes. You can't fix education and not collect money. Drilling won't do anything, I don't know why you guys still say that. Even T. Boone Pickens does not agree with you. T. BOONE PICKENS!
Actually, we spend the third highest per student in the world and have one of the worst education systems. You think the problem is a lack of spending? We need a better plan that just throwing money at schools. We also need to give parents a choice in schools.

http://www.nationmaster.com/graph/ed...school-student

Can you tell me with a straight face that drilling does nothing? Does that even sound half way correct to you? Also T-Boone Pickens just wants to get the contract to develop wind energy and natural gas. In short, he will make a lot of money with the T-Boone Pickens plan.

We do need more natural gas and wind, but we need to drill and develop nuclear as well.

Last edited by jhffmn; 09-08-2008 at 07:37 PM.
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Old 09-08-2008, 07:44 PM
hendrixpujols11 hendrixpujols11 is offline
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Originally Posted by jhffmn View Post

Actually, we spend the third highest per student in the world and have one of the worst education systems. You think the problem is a lack of spending? We need a better plan that just throwing money at schools. We also need to give parents a choice in schools.

Can you tell me with a straight face that drilling does nothing? Does that even sound half way correct to you? Also T-Boone Pickens just wants to get the contract to develop wind energy and natural gas. In short, he will make a lot of money with the T-Boone Pickens plan.

We do need more natural gas and wind, but we need to drill and develop nuclear as well.
Giving parents a "choice" will destroy public schools.

Drilling does nothing. Drilling does nothing. Drilling does nothing.

It will lower the cost of gas by maybe a cent, maybe a few in ten years.
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  #14 (permalink)  
Old 09-08-2008, 08:22 PM
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Originally Posted by hendrixpujols11 View Post
Giving parents a "choice" will destroy public schools.

Drilling does nothing. Drilling does nothing. Drilling does nothing.

It will lower the cost of gas by maybe a cent, maybe a few in ten years.
Drilling does nothing? What kind of kool aid are you drinking?

Tax revenue, jobs, preventing the transfer of wealth etc.

Not only that but the prospect of new oil fields going online would increase production elsewhere now. And it is an issue of national security.

I can't believe people think drilling for more oil in our own country would have no effect on our energy crisis. There is estimated to be enough oil in Alaska to fuel 60,000,000 cars for 60 years. Granted not all of that is claimable, but we have significant amounts of oil offshore.

Guess what else. When T-Boone speaks of natural gas, that means drilling for oil. Natural gas is a by product of oil drilling, found in the same areas. Right now we have to burn natural gas in Alaska when drilling for oil because it is too expensive to ship to the lower 48 and it is dangerous. They just burn off the natural gas. There is tons of natural gas in those oil wells. Once the natural gas pipeline is completed, and ANWAR is opened up, it will make a huge difference.

This is just sour grapes environ nut garbage. What you don't want us to drill? Well it wouldn't make a difference anyway. Give me a break.

The fact is, the dims want oil to be expensive to limit carbon emissions anyway. The thought of drilling just riles them up. They don't want us to drill they want us to find green alternatives. They want it to be painful so we are more motivated to stop "killing" the planet.

I can't wait to see the dems lose.

Last edited by jhffmn; 09-08-2008 at 08:36 PM.
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Old 09-08-2008, 08:36 PM
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Originally Posted by Ronin-Talgar View Post
Ever more wealth is moving into the hands of the few. If this is not balanced somehow (morality still plays its part) then the system grinds to a halt.
Don't look now but it already has. All that wealth that the Bush Crime family has funneled to their friends and business partners hasn't been invested in creating new jobs. It's been gambled away at the big casino on Wall street on sub-prime loans and commodoties futures.

And why not gamble? If you win you get a big capital gains tax break.

If you lose you get bailed out by Uncle Sam who puts it on the Bank of China Mastercard that our kids get to pay off.
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Old 09-08-2008, 09:34 PM
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Don't look now but it already has. All that wealth that the Bush Crime family has funneled to their friends and business partners hasn't been invested in creating new jobs. It's been gambled away at the big casino on Wall street on sub-prime loans and commodoties futures.

And why not gamble? If you win you get a big capital gains tax break.

If you lose you get bailed out by Uncle Sam who puts it on the Bank of China Mastercard that our kids get to pay off.
Give me a break. Take a problem. Fail to understand it. Point finger at Bush, call yourself a liberal. Make sure to call him a criminal.

It's a bit more complex than you are making it out to be. But whatever, it's stuff like this Obama feeds off of.

Vote for me, things are bad and I am different!! Different How? Who cares, everything is Bush's fault and everyone else is Bush. Vote for Obama, he will make all the problems of the world go away with his golden tongue.
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Old 09-08-2008, 09:38 PM
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When conservatives say 'economy' what they mean is the paychecks of the CEO's and how the shares of the fatcats are doing in China, when progressives say 'economy' we mean the economy well being of working people, our fellow citizens.
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Old 09-08-2008, 10:02 PM
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Originally Posted by Talo76 View Post
When conservatives say 'economy' what they mean is the paychecks of the CEO's and how the shares of the fatcats are doing in China, when progressives say 'economy' we mean the economy well being of working people, our fellow citizens.
Conservatives tend to notice that their paycheck doesn't fall out of the sky.
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Old 09-10-2008, 04:56 PM
Quixote's Revenge Quixote's Revenge is offline
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Originally Posted by CRIMSON MASK View Post
Economics 101- If you make it harder on the private sector (rich) by overtaxing them (they already pay most of the tax burdon already) they will respond by cutting jobs, raising prices, cutting services, and outsourcing jobs.

Obamas plan is a loser for America.
Well, being one of those rich people (top 1%), I can tell you that we are going to keep making money, and wanting to make more money, no matter how much you tax us.

Do you think taxes eliminate greed?

Yeah, I took econ 101, 104, 107A and B and my wife has an Econ degree....gimme a break with that weak ass fallacy
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Old 09-10-2008, 04:59 PM
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Originally Posted by Quixote's Revenge View Post
Well, being one of those rich people (top 1%), I can tell you that we are going to keep making money, and wanting to make more money, no matter how much you tax us.

Do you think taxes eliminate greed?
I call BS on this.

If taxes were 100% you'd stay home and you know it.
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