RE: Taxmageddon 100 Days Away, Look Out Middle Class!!!

RE: Taxmageddon 100 Days Away, Look Out Middle Class!!! (Full Version)

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DesideriScuri -> RE: Taxmageddon 100 Days Away, Look Out Middle Class!!! (9/24/2012 4:50:11 AM)
quote: ORIGINAL: slvemike4u I went and I figured.....this is what I came up with: When running for political office one tends to act a little like a whore on the corner. When the whore across the street is throwing in free blow jobs....well honey you better pucker up [8\|] And yes,this means our(Dems) whores are no better than your (repubs) whores....in that they need you to lay down with them to get anywhere [:)] Is that acceptable to you? I completely agree with your analysis. I hate the corruption in our political class, which is why I advocate for a smaller government. A smaller government has its hands in less "stuff" (and/or not as deep), making it less worthwhile for businesses and other special interests to lobby and buy Legislators.

DomYngBlk -> RE: Taxmageddon 100 Days Away, Look Out Middle Class!!! (9/24/2012 5:05:53 AM)
quote: ORIGINAL: FatDomDaddy You think money is tight now.... Taxmageddon Time Table Actually Democrats are doing Republicans a big favor. The fact that Republicans signed their stupid pledge to Grover Norquist and are therefore scared to go against him(ie. dick lugar) the Democrats are providing a way out. You go off the cliff on the first of jan raising rates. This gives Congress time to come back with a new tax plan that will lower those now raised rates. Grover is happy, Republicans are happy.........

DomKen -> RE: Taxmageddon 100 Days Away, Look Out Middle Class!!! (9/24/2012 1:01:12 PM)
quote: ORIGINAL: DesideriScuri quote: Add in the bloat in the intelligence agencies, DHS and DoD and you've got most of the rest (estimated at 500 billion per year). The bloated DHS and DoD?!? You are going to blame that on Bush? At what point does your side start to take responsibility? 3.5 years after Bush was out of office, and you're still blaming him for the DHS and DoD?!? Add into it the 2 years that ya'all ran the Legislative Branch under Bush, leading into the Obama Presidency, and you can't yet take any "credit" for the bloat? Are you fucking serious? Where precisely did I blame Bush or the Republicans for the bloat?

FMRFGOPGAL -> RE: Taxmageddon 100 Days Away, Look Out Middle Class!!! (9/24/2012 3:25:14 PM)
quote: ORIGINAL: FatDomDaddy You think money is tight now.... Taxmageddon Time Table Well, at least we know after this little dog show, who's listening to right wing talk radio on weekends. Because this is just the Halloween phase of the GOP's Heretofore PATHETIC run for control of the white house. Yep The GOP voted against near democratic opposition to in the house to adjourn. With THIS GORILLA IN THE ROOM. If you watched CSPAN Friday, as I HAVE TO every day, you would have understood who is "kicking this down the road" as I see parroted all to frequently here. And now, the crooks are safely out of town. They will come back at either days before the election, or days after Christmas (my bet) and if not, Obama will have Power of The Executive Office will be in a position to hold it off by executive order until such time as they come back to the table. When you are filling out the Than You card, just remember you spell boehner B-O-E-H-N-E-R, not "boner" like one would tend to think. Regardless, Republicqans were told in JULY they needed to compromize for the first time... but instead they resorted to what we're calling in the PoliSci field as CONpromise. If taxes go up, it's a GOP house majority darlings. bitch there.

DesideriScuri -> RE: Taxmageddon 100 Days Away, Look Out Middle Class!!! (9/24/2012 3:33:13 PM)
quote: ORIGINAL: DomKen quote: ORIGINAL: DesideriScuri quote: Add in the bloat in the intelligence agencies, DHS and DoD and you've got most of the rest (estimated at 500 billion per year). The bloated DHS and DoD?!? You are going to blame that on Bush? At what point does your side start to take responsibility? 3.5 years after Bush was out of office, and you're still blaming him for the DHS and DoD?!? Add into it the 2 years that ya'all ran the Legislative Branch under Bush, leading into the Obama Presidency, and you can't yet take any "credit" for the bloat? Are you fucking serious? Where precisely did I blame Bush or the Republicans for the bloat? You were taking shots at Bush for the tax cuts, the wars, the debt servicing, and made no implicit or explicit change to the target for your blame. If you weren't blaming Bush or the Republicans for the bloat, I do apologize for my misinterpretation.

DesideriScuri -> RE: Taxmageddon 100 Days Away, Look Out Middle Class!!! (9/24/2012 3:36:09 PM)
quote: ORIGINAL: FMRFGOPGAL If taxes go up, it's a GOP house majority darlings. bitch there. Has the House passed any spending bills? Has the House passed any spending cuts bills? Has the Senate voted on any House spending bills? Yeah, it's just the GOP. SMH

LookieNoNookie -> RE: Taxmageddon 100 Days Away, Look Out Middle Class!!! (9/24/2012 4:59:21 PM)
quote: ORIGINAL: slvemike4u quote: ORIGINAL: FatDomDaddy quote: ORIGINAL: DomKen This is complete nonsense. These tax cuts were meant to end years ago and simply return to rates that were in effect during the 90's when the economy boomed. When they do all end the deficit will decline quite a lot and that should make the newly minted deficit hawk cons happy, unless of course that was simply having to do with a Democratic President. You really believe that huh??? That the Bush tax cuts were "temporary" yeah,I for one believed that they were nominally "supposed" to be. But I'm an optimist,a cynic might have said "BULLSHIT" form the get.[8\|] As a Republican, I wish those tax cuts had never been enacted....it was foolishness from the second he imagined it into being. No wealthy person needed them, and no wealthy person wanted them.

LookieNoNookie -> RE: Taxmageddon 100 Days Away, Look Out Middle Class!!! (9/24/2012 5:11:20 PM)
quote: ORIGINAL: MrRodgers quote: ORIGINAL: FatDomDaddy I'm sure they think it could all be made up it we just taxed Warren Buffett and the 1% at a 97.3 rate Interesting muse. How many years would it take for that rate to make up for the extremely favorable capital gains/carried interest rates they've enjoy for what...over 30 years ? Quite a few years. Capital gains taxes are not "favorable to the wealthy", they're economically productive. (And they produce nearly nothing as to the whole scheme of taxation....less than 1% of total tax revenues). Imagine this....all you who believe capital gains should rise....if they do, fewer investors will sell. Guess what makes prices rise? Sales. As values continue (not to) rise....even fewer will sell..... It's a negative, downward spiral....a defeating/deflating scenario. Prices fall. One that everyone hopes will produce more, but like the rock soup guy wherein which everyone takes stock out of the pot as opposed to putting it in....it's a losing game....one that produces fewer revenues....not more. Now, let's take a look at a capital gains tax of 10% as opposed to rising to 30. Interest rates are a tax on your money. That's a mathematical fact. When mortgage rates dropped from 7.50% to 5.50% (10 years ago) buyers flooded into the marketplace. They're coming back today at 3.50% even as few can be approved for same....however, more can be approved at 3.50% than at 5.25% just 20 months ago. Lower the capital gains rate to 10% from its current rate of 15%..... Every person with a capital gain currently would jump on that bandwagon in about 8 nanoseconds fearful that the rate was about to rise. Let's say the velocity of exchange doubled (it would surely do better). 200 dollars x's 10% = 20 bucks. 100 dollars x's 15% = 15 bucks. And by the way.... 30 dollars x's 30% = 9 bucks. You don't win by raising the capital gains tax....and in the process....along with falling tax revenues.... ....you lose all the jobs needed to build all those apartments and commercial buildings required for all these investors desirous of getting in on the gig as fast as they can before rates change. It's a conundrum, I know, for those who don't fully grasp tax policy, but it's an historical fact.

FMRFGOPGAL -> RE: Taxmageddon 100 Days Away, Look Out Middle Class!!! (9/24/2012 9:57:25 PM)
quote: ORIGINAL: DesideriScuri quote: ORIGINAL: FMRFGOPGAL If taxes go up, it's a GOP house majority darlings. bitch there. Has the House passed any spending bills? Has the House passed any spending cuts bills? Has the Senate voted on any House spending bills? Yeah, it's just the GOP. SMH I have no bone to pick with you Desideri, but you are simply asking the wrong questions. Ask if they have compromised on any important issue in this session and if they have been offered as much. The answers are "NO" and perhaps twice in sudden death overtime. Those are the facts. And that is no way to conduct the business of the house majority. The old timers in the GOP Support my position. The problem is that they no lobger have the media's ear.

DesideriScuri -> RE: Taxmageddon 100 Days Away, Look Out Middle Class!!! (9/25/2012 6:12:49 AM)
quote: ORIGINAL: FMRFGOPGAL quote: ORIGINAL: DesideriScuri quote: ORIGINAL: FMRFGOPGAL If taxes go up, it's a GOP house majority darlings. bitch there. Has the House passed any spending bills? Has the House passed any spending cuts bills? Has the Senate voted on any House spending bills? Yeah, it's just the GOP. SMH I have no bone to pick with you Desideri, but you are simply asking the wrong questions. Ask if they have compromised on any important issue in this session and if they have been offered as much. The answers are "NO" and perhaps twice in sudden death overtime. Those are the facts. And that is no way to conduct the business of the house majority. The old timers in the GOP Support my position. The problem is that they no lobger have the media's ear. I'm not even trying to exonerate the GOP of all responsibility. Neither side is moving. The Democrats talked a good game about reaching across the aisle in '08, yet griped when their reaching across the aisle was more of a choke hold to force the R's to do it the D's way. Republicans were - and still are - blamed for not compromising when, in fact, neither side is honestly compromising. There are just some things the R's and D's will not agree on, and there are some areas where the R's and D's will not be able to compromise without selling out their beliefs. In general, the GOP doesn't have the media's ear anyway.

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