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Dems propose tax to fund Iraq war - 10/2/2007 4:16:36 PM

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WASHINGTON - Three senior House Democrats proposed an income tax surcharge Tuesday to finance the approximately $150 billion annual cost of operations in Iraq, saying it is unfair to pass the cost of the war on to future generations.

The plan, unveiled by Reps. David Obey, D-Wis., John Murtha, D-Pa., and Jim McGovern, D-Mass., would require low- and middle-income taxpayers to add 2 percent to their tax bill. Wealthier people would add a 12 to 15 percent surcharge, Obey said.

http://www.msnbc.msn.com/id/21104662

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RE: Dems propose tax to fund Iraq war - 10/2/2007 4:36:03 PM

cyberdude611

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This will never fly.

People support the war but they sure as hell dont want to pay for it.

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RE: Dems propose tax to fund Iraq war - 10/2/2007 4:39:43 PM

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No, it'd never pass into law, but it perhaps makes a good point; how do we pay for it?

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RE: Dems propose tax to fund Iraq war - 10/2/2007 4:46:34 PM

cyberdude611

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quote:

ORIGINAL: Level

No, it'd never pass into law, but it perhaps makes a good point; how do we pay for it?

We don't. It just simply gets added to the national debt. Congress just recently raised the credit limit to $9.8 trillion. Which means they expect to spend a hell of a lot more money than they are taking in over the next few years.

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RE: Dems propose tax to fund Iraq war - 10/2/2007 4:46:37 PM

farglebargle

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Hell, if Bush didn't have the cash up front, what the hell was he thinking to borrow for it?

"Fiscal Responsibility" anyone?

Emperor Cuomo points out that Congress really walked away from their duty on the AUMF-Iraq, and perhaps the result would have been better considered if they needed to find the money first.

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RE: Dems propose tax to fund Iraq war - 10/2/2007 4:49:18 PM

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quote:

ORIGINAL: cyberdude611

quote:

ORIGINAL: Level

No, it'd never pass into law, but it perhaps makes a good point; how do we pay for it?

We don't. It just simply gets added to the national debt. Congress just recently raised the credit limit to $9.8 trillion. Which means they expect to spend a hell of a lot more money than they are taking in over the next few years.

And the creaky ship gets creakier. I guess it never ends. We're like a pack of crackheads.

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Fake the heat and scratch the itch
Skinned up knees and salty lips
Let go it's harder holding on
One more trip and I'll be gone

~~ Stone Temple Pilots

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RE: Dems propose tax to fund Iraq war - 10/2/2007 4:49:51 PM

farglebargle

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Nah, crackheads eventually lose their access to credit.

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It's not every generation that gets to watch a civilization fall. Looks like we're in for a hell of a show.

ברוך אתה, אדוני אלוקינו, ריבון העולמים, מי יוצר צמחים ריחניים

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RE: Dems propose tax to fund Iraq war - 10/2/2007 4:50:52 PM

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quote:

ORIGINAL: farglebargle

Hell, if Bush didn't have the cash up front, what the hell was he thinking to borrow for it?

"Fiscal Responsibility" anyone?

Emperor Cuomo points out that Congress really walked away from their duty on the AUMF-Iraq, and perhaps the result would have been better considered if they needed to find the money first.

There's been precious little fiscal responsibility in this country over a number of decades. We don't do ANYTHING with the mindset of "find the money first".

_____________________________

Fake the heat and scratch the itch
Skinned up knees and salty lips
Let go it's harder holding on
One more trip and I'll be gone

~~ Stone Temple Pilots

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RE: Dems propose tax to fund Iraq war - 10/2/2007 4:57:03 PM

cyberdude611

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Republicans refuse to raise taxes and Democrats refuse to cut government services... it's a vicious cycle.

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RE: Dems propose tax to fund Iraq war - 10/2/2007 5:00:57 PM

dcnovice

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quote:

There's been precious little fiscal responsibility in this country over a number of decades.

If memory serves, the previous administration, working with folks from both sides of the aisle, balanced the budget.

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RE: Dems propose tax to fund Iraq war - 10/2/2007 5:05:12 PM

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quote:

ORIGINAL: dcnovice

quote:

There's been precious little fiscal responsibility in this country over a number of decades.

If memory serves, the previous administration, working with folks from both sides of the aisle, balanced the budget.

True, dc, that'd be most of the "precious little". And Bush tried to deal with the Social Security issue, to give him some credit.

_____________________________

Fake the heat and scratch the itch
Skinned up knees and salty lips
Let go it's harder holding on
One more trip and I'll be gone

~~ Stone Temple Pilots

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RE: Dems propose tax to fund Iraq war - 10/2/2007 5:36:03 PM

Owner59

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quote:

ORIGINAL: cyberdude611

This will never fly.

People support the war but they sure as hell dont want to pay for it.

LOL that`s rich.As if it were true. As if it was possible to not pay.

We`ll pay,.....one way or the other.

Pay as you go,like this proposal,or put it on credit(which is republican economic policy,btw).

The former is the responsible way(note:a democrat idea).

The later will include a hefty interest rate and service charge,but WILL get payed back,no matter what.

< Message edited by Owner59 -- 10/2/2007 5:37:17 PM >

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RE: Dems propose tax to fund Iraq war - 10/2/2007 5:42:14 PM

OrionTheWolf

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This is why I have said the term "Neo-Con" is not appropriate to Bush and similar republicans. They should be called Non-Cons.

quote:

ORIGINAL: farglebargle

Hell, if Bush didn't have the cash up front, what the hell was he thinking to borrow for it?

"Fiscal Responsibility" anyone?

Emperor Cuomo points out that Congress really walked away from their duty on the AUMF-Iraq, and perhaps the result would have been better considered if they needed to find the money first.

_____________________________

When speaking of slaves people always tend to ignore this definition "One who is abjectly subservient to a specified person or influence."

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RE: Dems propose tax to fund Iraq war - 10/2/2007 5:48:34 PM

Owner59

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quote:

ORIGINAL: cyberdude611

Republicans refuse to raise taxes and Democrats refuse to cut government services... it's a vicious cycle.

Clinton had eight balanced budgets,for all eight years.Four of those years,w/ a surplus.

To the CM readers:
Don`t listen to the ney-sayers and amateur economists,apologizing for the failures of the republicans.

Running things w/ integrity can be done,if there is leadership.

Right now w/ bush,we have just the opposite, of leadership.

We can have that again,w/ Hillary.Vote w/ your pocket-book.

< Message edited by Owner59 -- 10/2/2007 6:03:15 PM >

_____________________________

"As for our common defense, we reject as false the choice between our safety and our ideals"

President Obama

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Post #: 14

RE: Dems propose tax to fund Iraq war - 10/2/2007 5:49:57 PM

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quote:

ORIGINAL: Owner59

quote:

ORIGINAL: cyberdude611

This will never fly.

People support the war but they sure as hell dont want to pay for it.

LOL that`s rich.As if it were true. As if it was possible to not pay.

We`ll pay,.....one way or the other.

Pay as you go,like this proposal,or put it on credit(which is republican economic policy,btw).

The former is the responsible way(note:a democrat idea).

The later will include a hefty interest rate and service charge,but WILL get payed back,no matter what.

"Putting it on credit" has been done by BOTH parties, extensively.

_____________________________

Fake the heat and scratch the itch
Skinned up knees and salty lips
Let go it's harder holding on
One more trip and I'll be gone

~~ Stone Temple Pilots

(in reply to Owner59)

Post #: 15

RE: Dems propose tax to fund Iraq war - 10/2/2007 6:01:45 PM

Owner59

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From: Dirty Jersey
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quote:

ORIGINAL: OrionTheWolf

This is why I have said the term "Neo-Con" is not appropriate to Bush and similar republicans. They should be called Non-Cons.

quote:

ORIGINAL: farglebargle

Hell, if Bush didn't have the cash up front, what the hell was he thinking to borrow for it?

"Fiscal Responsibility" anyone?

Emperor Cuomo points out that Congress really walked away from their duty on the AUMF-Iraq, and perhaps the result would have been better considered if they needed to find the money first.

A neo-con,is a "non-con".

The only similarity, is the word "conservative".That`s where the similarities end.They have hi-jacked the term,and the republican party along with it.

By promising the Christian Right the moon,and corporate America,everything else,they have swindled themselves into power.

My hope is that they`ll destroy the republican party`s ability to win elected seats,or influence policy.

Right now,the Democratic party,is both the party of the democrats and of the mainstream republicans.

That`s because the neo-cons are so far to the right, that they`ve fallen off the table,or because they have no integrity.

< Message edited by Owner59 -- 10/2/2007 6:03:53 PM >

_____________________________

"As for our common defense, we reject as false the choice between our safety and our ideals"

President Obama

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Post #: 16

RE: Dems propose tax to fund Iraq war - 10/2/2007 6:24:23 PM

pahunkboy

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i cant believe it is causing a stir. how did anyone think it would be paid for? the money fairy?

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RE: Dems propose tax to fund Iraq war - 10/2/2007 6:32:03 PM

luckydog1

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"Clinton had eight balanced budgets,for all eight years.Four of those years,w/ a surplus. "

What nonsense. Clinton ran a deficit 5 of his 8 years. http://globalpolicy.igc.org/socecon/crisis/tradedeficit/tables/budgetdeficit.htm If you are too dim to actually check these things, by all means vote for Hillary. Without the dot com bubble he never would have hit a single surplus.

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RE: Dems propose tax to fund Iraq war - 10/2/2007 6:34:49 PM

farglebargle

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quote:

ORIGINAL: Level

quote:

ORIGINAL: farglebargle

Hell, if Bush didn't have the cash up front, what the hell was he thinking to borrow for it?

"Fiscal Responsibility" anyone?

Emperor Cuomo points out that Congress really walked away from their duty on the AUMF-Iraq, and perhaps the result would have been better considered if they needed to find the money first.

There's been precious little fiscal responsibility in this country over a number of decades. We don't do ANYTHING with the mindset of "find the money first".

What you mean, "We", paleface?

_____________________________

It's not every generation that gets to watch a civilization fall. Looks like we're in for a hell of a show.

ברוך אתה, אדוני אלוקינו, ריבון העולמים, מי יוצר צמחים ריחניים

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RE: Dems propose tax to fund Iraq war - 10/2/2007 6:55:58 PM

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"We" the government, made up of "we, the people".

_____________________________

Fake the heat and scratch the itch
Skinned up knees and salty lips
Let go it's harder holding on
One more trip and I'll be gone

~~ Stone Temple Pilots

(in reply to farglebargle)

Post #: 20

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