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Dem's Caving on Bush Tax Cuts, All Levels - 11/16/2010 7:38:12 PM   
FatDomDaddy


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I guess they think they've saved face with this deal???

http://www.reuters.com/article/idUSTRE6A44K020101116

< Message edited by FatDomDaddy -- 11/16/2010 7:42:49 PM >
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RE: Dem's Caving on Bush Tax Cuts, All Levels - 11/16/2010 7:49:58 PM   
servantforuse


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The phrase that sticks out to me. ' they are willing to consider'. What a crock. I'd love to see the dems vote against extending all of the tax cuts that the Bush administration put in place.

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RE: Dem's Caving on Bush Tax Cuts, All Levels - 11/16/2010 7:54:20 PM   
FatDomDaddy


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Yeah... well wish away... Under 200k will be permanent now and in 2012 the rest will be put up to a permanent vote (likely with more cuts at all levels) and the Republicans will dare the Dem's into voting against them in an election year.

< Message edited by FatDomDaddy -- 11/16/2010 7:56:06 PM >

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RE: Dem's Caving on Bush Tax Cuts, All Levels - 11/16/2010 8:39:25 PM   
Brain


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If the Democrats vote to extend the Bush tax cuts for the wealthy it will prove the Democrats are just as corrupt as the Republicans. Extending the Bush tax cuts further will balloon the deficit and possibly lead to the insolvency of the nation. Republicans demanding the Bush tax cuts be extended is prima facie evidence the Republican Party is not fiscally conservative. In fact, it is the Democrats who are the fiscal conservatives working to reduce the deficit.

quote:

ORIGINAL: FatDomDaddy

I guess they think they've saved face with this deal???

http://www.reuters.com/article/idUSTRE6A44K020101116


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RE: Dem's Caving on Bush Tax Cuts, All Levels - 11/17/2010 4:56:30 AM   
FatDomDaddy


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quote:

ORIGINAL: Brain


If the Democrats vote to extend the Bush tax cuts



IF? You mean when...

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RE: Dem's Caving on Bush Tax Cuts, All Levels - 11/17/2010 5:00:22 AM   
rulemylife


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quote:

ORIGINAL: FatDomDaddy

quote:

ORIGINAL: Brain

If the Democrats vote to extend the Bush tax cuts

IF? You mean when...



And why is this good?

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RE: Dem's Caving on Bush Tax Cuts, All Levels - 11/17/2010 5:18:54 AM   
DomYngBlk


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quote:

ORIGINAL: FatDomDaddy

I guess they think they've saved face with this deal???

http://www.reuters.com/article/idUSTRE6A44K020101116


Strange, somehow I thought the teaparty/republicans were for smaller gov't and balanced budgets......How does that square with this stance?

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RE: Dem's Caving on Bush Tax Cuts, All Levels - 11/17/2010 5:27:17 AM   
cuckyman


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The pretzel logic of a typical know nothing liberal..they don't have a clue.. Its NOT about government folks...its just that simple... government does not create jobs....the private economy does that.. Government does not generate the money (except perhaps this lame ass administratin running the printing presses producing money that only devalues the dollar).... private enterprise generates the wealth in this nation. What we have is a war between the 'progressives' (see communist) who want government to control every aspect of our lives....or freedom, which allows us to keep what we produce... I choose the latter as does most of the population. I remember the idiot peanut farmer democrat Jimmy numbnuts Carter slapping a big tax on yacht production on the northeastern us coastline bloviating on and on how this would 'tax the rich'....all it accomplished was the yacht producers closing a shit load of boat yards and laying off hundreds of workers, and moving production elsewhere... Captial is like a river....it goes where it is not penalized...period... You dam a river, and it will find a way around the dam....and that is what is happeing to our economy...when you tax and regulate an industry beyond what is reaonable to grow boated government, that industry moves to where it is not overtaxed and regulated. That is the premise that the socialist have tried to spin, lie, and obviscate for decades....for that destroys their mission to control everything...and that battle has cost us thousands upon thousands of jobs...

The ONLY way to get jobs and economic growth going again in this nation, is to SLASH THE HELL OUT OF A BLOATED, INEFFECTIVE, OVER-CONTROLLING centeral goverment.... they are like leaches that cling to and suck the blood out of their host....us, the people.... its time to rid ourselves of these parasites once and for good.... only until we cut, slash and rid ourselves of these ticks will our nation return to health and prosperity.

Right now there is some 17 TRILLION dollars sitting in British Banks in the Cayman Islands that will NOT come back into the economic game until out of control taxation and the out of control lawsuit industry is reigned in for good.... otherwise we will continue to see our markets shrink, and our jobs outsourced as companies are willing to pursue other options with captial than investments inside of the United States. Unions, and democrats and lawyers have conspired in an unholy alliance for decades, to extort money from US companies and force them to comply with unreasonable demands and taxation. The price of all that is what we have today.... and it will NOT change until we get REAL again....and see thru the Pelosi and Obama soicalist crap and rid ourselves of the parasites of the 'progessive' ilk.... these turds are the cancer that is killing the host..... if you cannot see that...you are a fool.... and not unlike this poster who does not know shit about a modern economic society..... either that, or be prepared for a future country that will be a contolled, corrupt and broke society, where the government lives lavishly with all the pensions and perks, and the people wait for the crumbs.... That is the 'progressive' answer....more and more money extorted by ending the tax cuts on producers...only the producers will quit producing, and take the game elsewhere.... don't believe it?.... then you must be a democrat....they wouldn't know the truth if it bit them on their asses..... and so it goes in the lala Obama braindead movement...only the brakes just got applied to that runaway train.... thank God, maybe we are finally waking up and coming to our senses before Obama and Pelosi idiots take the train over the cliff.... I wonder if we have the resolve and wisdom to correct our errors and end the 'progessive' slide into poverty.....

< Message edited by cuckyman -- 11/17/2010 5:35:31 AM >

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RE: Dem's Caving on Bush Tax Cuts, All Levels - 11/17/2010 5:42:02 AM   
servantforuse


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The Bush tax cuts for all income levels must and will stay in place. Businesses have to see some stability in the tax code. Expansion and hiring will not happen untill they have some sence of what future costs will be.

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RE: Dem's Caving on Bush Tax Cuts, All Levels - 11/17/2010 5:56:32 AM   
DomYngBlk


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But the extension of the cuts actually add to the projected deficit since we had all assumed that Bush wanted these to be temporary cuts when he envisioned them? How does that square with being a deficit hawk and keeping with what the framers intended? Are you saying the ends justify the means?

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RE: Dem's Caving on Bush Tax Cuts, All Levels - 11/17/2010 6:09:13 AM   
rulemylife


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quote:

ORIGINAL: servantforuse

The Bush tax cuts for all income levels must and will stay in place. Businesses have to see some stability in the tax code. Expansion and hiring will not happen untill they have some sence of what future costs will be.


This is just such utter nonsense I don't even know where to begin.

You do realize we were in a recession long before Obama took office?

Yet you want to claim that the threat of letting the Bush tax cuts expire, as they were intended to but with the Obama administration only asking for the top tier to expire, is the cause of the economic downturn.



< Message edited by rulemylife -- 11/17/2010 6:10:17 AM >

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RE: Dem's Caving on Bush Tax Cuts, All Levels - 11/17/2010 6:19:42 AM   
Musicmystery


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The Bush tax cuts were ill-advised when they were proposed, with even Alan Greenspan calling them "reckless and irresponsible" (until Bush pulled him aside, and even then he only said they "could" work under certain conditions--which didn't happen).

Unemployment (though the recession ended 18 months ago) is not going to be affected, as that's a misdiagnosis of the problem. Certainty cuts in both directions--if the tax cuts are history, that's certainty as well. A much larger cause of uncertainty is the continuing mortgage mess, making financial health difficult to ascertain with certainty. Now this record keeping fiasco. Oy. Until the credit markets return to confidence, things will be a mess.

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RE: Dem's Caving on Bush Tax Cuts, All Levels - 11/17/2010 6:54:04 AM   
servantforuse


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If the dems disagree with extending the Bush tax cuts, they should vote against doing so. Lets see how many of them do.

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RE: Dem's Caving on Bush Tax Cuts, All Levels - 11/17/2010 7:38:09 AM   
mnottertail


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the 800b stimulus that conservatives are howling out of one side of their mouth about was fully 1/3 tax cuts.  

So, we are still on the borrow and spend plan with them.

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RE: Dem's Caving on Bush Tax Cuts, All Levels - 11/17/2010 8:07:57 AM   
servantforuse


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The dems should have no problem giving everyone even more tax relief then. I think they should do what's right.

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RE: Dem's Caving on Bush Tax Cuts, All Levels - 11/17/2010 8:09:55 AM   
mnottertail


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yes, expire those at 250+.  But thats typical neo-con rhetoric, howl out of one side of the mouth while borrowing and spending out the other side.

Making all the tax cuts permanent would add about $3.9 trillion to the national debt over the next decade.

A family of 4 with an income around 325K would shell out about 5,400 more in tax.

We are talking about creating minimum wage jobs.

Unemployment around what?  10%?  Whos making 325K? 

< Message edited by mnottertail -- 11/17/2010 8:22:11 AM >


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RE: Dem's Caving on Bush Tax Cuts, All Levels - 11/17/2010 8:36:16 AM   
DomYngBlk


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quote:

ORIGINAL: servantforuse

The dems should have no problem giving everyone even more tax relief then. I think they should do what's right.


I realize you don't want to but can you tell me how responsible it is to add more debt when you claim to be worried about the size of Gov't and the National Debt? The words and actions don't measure up.

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RE: Dem's Caving on Bush Tax Cuts, All Levels - 11/17/2010 8:43:22 AM   
servantforuse


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When business begins to hire because of lower tax rates, it will cause tax revenue to grow without raising taxes. Spending also has to be cut.

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RE: Dem's Caving on Bush Tax Cuts, All Levels - 11/17/2010 8:49:39 AM   
rulemylife


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quote:

ORIGINAL: servantforuse

When business begins to hire because of lower tax rates, it will cause tax revenue to grow without raising taxes.


And Santa is going to bring me a pony for Christmas.




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RE: Dem's Caving on Bush Tax Cuts, All Levels - 11/17/2010 8:53:11 AM   
mnottertail


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That is fucking stooooooooooooooooooooooooooooopid.

lets say that it goes 33% on one million, thats what?  670K after tax?
then it shoots up to 35% on one million, thats what?  650K after tax?

Now, someone in India gets $10 bucks a day to knock aluminum castings clean.
Now, someone in US gets $10 bucks an hour to knock aluminum castings clean.

But, hold on folks, the 20K saved in taxes is gonna get jimbobbillyboy a real fuckin swell job, so he can buy him some toofuses when he get his saviors the nutsuckers to repeal health care.

So.............pussies all around us, the business of borrow and spend as usual.  This is going to cost us.

We created a debt, taxes will have to rise and spending will have to cut to get out of it, no other possibility, unless you do away with medicare, social security and the military completely.

Good luck with that, cuz I want the money back that I paid in over 50 fucking years.

< Message edited by mnottertail -- 11/17/2010 9:01:21 AM >


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Have they not divided the prey; to every man a damsel or two? Judges 5:30


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