Not a Socialist?

[Skjellyfetti]

All the talk about raising rates on the rich makes for a good sound bite for the wealth envy crowd but in reality it isn't going to do shit. To paraphrase the rajun cajun "it's the spending stupid".

It's both. You aren't going to cure the deficit by keeping tax rates the same or lowering them. You aren't going to fix the deficit without cutting spending. You have to do BOTH. One side only wants to cut spending.

One side only wants to raise taxes. So fucking frustrating.

[citdog]

All the talk about raising rates on the rich makes for a good sound bite for the wealth envy crowd but in reality it isn't going to do shit. To paraphrase the rajun cajun "it's the spending stupid".

It's both. You aren't going to cure the deficit by keeping tax rates the same or lowering them. You aren't going to fix the deficit without cutting spending. You have to do BOTH. One side only wants to cut spending.

One side only wants to raise taxes. So fucking frustrating.

calling for a tax increase is "the final solution of the sortero question in our sphere of influence". He's as dead as disco in 2012

[Chizzang]

All the talk about raising rates on the rich makes for a good sound bite for the wealth envy crowd but in reality it isn't going to do shit. To paraphrase the rajun cajun "it's the spending stupid".

It's both. You aren't going to cure the deficit by keeping tax rates the same or lowering them. You aren't going to fix the deficit without cutting spending. You have to do BOTH. One side only wants to cut spending.

One side only wants to raise taxes. So fucking frustrating.

Actually Raising taxes AND cutting spending is just the beginning...
We need to address a whole series of other problems

But I agree: Taxes need to go up and spending needs to go down (and both right now)

[HI54UNI]

All of you that think taxes should be raised to help out our government here's how you can do it voluntarily:


* You can make a contribution online either by credit card, checking or savings account at Pay.gov
* You can write a check payable to the Bureau of the Public Debt, and in the memo section, notate that it's a Gift to reduce the Debt Held by the Public. Mail your check to:

Attn Dept G
Bureau of the Public Debt
P. O. Box 2188
Parkersburg, WV 26106-2188

Please post a copy of your receipt/canceled check so we can all see.

[D1B]

But how much difference would raising taxes by 3-4% on those earning more than $250k/year really make in an annual deficit of about $1,250,000,000,000?

The answer, hardly any at all, which again underscores two things: First, raising taxes on the high income earners of this nation (which is different from wealthy- if you don't know the difference in wealth and being a high income earner you were educated in a public school and shouldn't be voting) is nothing more than a "wealth envy ploy" and is symbolic more than substantial (like many things politicians champion) and just a piece of red meat for the lower end of the bell curve. Secondly, the problem with our budget is not that the federal government- which raises over $2,500,000,000,000 annually- brings in too little, it is that politicians spend too much.

MEMO to all of you and especially you liberals: ALL politicians on the federal level are interested in three things: the acquisition, retention, and expansion of power. Taxation is the capital politicians use to accomplish those objectives. I'm worried about acquiring, expanding, and retaining money for me and my family- not to be used as a political pawn for some politician.

Thread done. Next.....

[LeadBolt]

An interesting analysis of the Mr. Obama's latest speech.

http://www.americanthinker.com/blog/201 ... _weve.html" onclick="window.open(this.href);return false;

[Chizzang]

An interesting analysis of the Mr. Obama's latest speech.

http://www.americanthinker.com/blog/201 ... _weve.html" onclick="window.open(this.href);return false;

Actually not that interesting...
It's a reiteration of what's been said now for almost a year

[AZGrizFan]

It's both. You aren't going to cure the deficit by keeping tax rates the same or lowering them. You aren't going to fix the deficit without cutting spending. You have to do BOTH. One side only wants to cut spending.

One side only wants to raise taxes. So fucking frustrating.

Actually Raising taxes AND cutting spending is just the beginning...
We need to address a whole series of other problems

But I agree: Taxes need to go up and spending needs to go down (and both right now)

And I, like many fiscal conservatives on this board, have stated many times that if they cut the budget 20% across the board, I'd be willing to give a little more of my money to help the US out of this hole. In the interim, however, I'll just as soon keep as much of my money as possible since they (in Washington) have shown no inclination to stop living on credit.

[ASUG8]

Actually Raising taxes AND cutting spending is just the beginning...
We need to address a whole series of other problems

But I agree: Taxes need to go up and spending needs to go down (and both right now)

And I, like many fiscal conservatives on this board, have stated many times that if they cut the budget 20% across the board, I'd be willing to give a little more of my money to help the US out of this hole. In the interim, however, I'll just as soon keep as much of my money as possible since they (in Washington) have shown no inclination to stop living on credit.

+1
If I had the slightest amount of optimism that the revenues from increased taxation would go toward debt reduction instead of earmarks, pet projects, and general government bloat I'd be right there with ya.

[TheDancinMonarch]

And I, like many fiscal conservatives on this board, have stated many times that if they cut the budget 20% across the board, I'd be willing to give a little more of my money to help the US out of this hole. In the interim, however, I'll just as soon keep as much of my money as possible since they (in Washington) have shown no inclination to stop living on credit.

+1
If I had the slightest amount of optimism that the revenues from increased taxation would go toward debt reduction instead of earmarks, pet projects, and general government bloat I'd be right there with ya.

Ditto for me.

[Chizzang]

Actually Raising taxes AND cutting spending is just the beginning...
We need to address a whole series of other problems

But I agree: Taxes need to go up and spending needs to go down (and both right now)

And I, like many fiscal conservatives on this board, have stated many times that if they cut the budget 20% across the board, I'd be willing to give a little more of my money to help the US out of this hole. In the interim, however, I'll just as soon keep as much of my money as possible since they (in Washington) have shown no inclination to stop living on credit.

Dude,
I'm right there with you...
Spending will never go down (obviously) it's counter to what politicians think their job is

I'm simply suggesting what needs to happen - but I already know...
There isn't a squirrels chance in hell that any new tax revenue (if taxes were raised) would go to reducing the deficit

[kalm]

And I, like many fiscal conservatives on this board, have stated many times that if they cut the budget 20% across the board, I'd be willing to give a little more of my money to help the US out of this hole. In the interim, however, I'll just as soon keep as much of my money as possible since they (in Washington) have shown no inclination to stop living on credit.

Dude,
I'm right there with you...
Spending will never go down (obviously) it's counter to what politicians think their job is

I'm simply suggesting what needs to happen - but I already know...
There isn't a squirrels chance in hell that any new tax revenue (if taxes were raised) would go to reducing the deficit

Clinton's did.

And I get a kick out of the altruists. Why would you even suggest you might help if things were different? That's not how you stay ahead.

[AZGrizFan]

Dude,
I'm right there with you...
Spending will never go down (obviously) it's counter to what politicians think their job is

I'm simply suggesting what needs to happen - but I already know...
There isn't a squirrels chance in hell that any new tax revenue (if taxes were raised) would go to reducing the deficit

Clinton's did.

And I get a kick out of the altruists. Why would you even suggest you might help if things were different? That's not how you stay ahead.

Oh, thanks for the reminder. One OTHER caveat I'd have on increased tax rates is that NO ONE is immune, and no more 47% of the population paying NO taxes. Everyone pays a share. Everyone feels some pain. EVERYONE contributes...eliminate freeloaders (and that includes corporate freeloaders).

[Cap'n Cat]

the most fortunate among us can afford to pay a little more

Hen,
Your are the smartest, but the dumbest motherfvcker on this board.

[Ivytalk]

But how much difference would raising taxes by 3-4% on those earning more than $250k/year really make in an annual deficit of about $1,250,000,000,000?

The answer, hardly any at all, which again underscores two things: First, raising taxes on the high income earners of this nation (which is different from wealthy- if you don't know the difference in wealth and being a high income earner you were educated in a public school and shouldn't be voting) is nothing more than a "wealth envy ploy" and is symbolic more than substantial (like many things politicians champion) and just a piece of red meat for the lower end of the bell curve. Secondly, the problem with our budget is not that the federal government- which raises over $2,500,000,000,000 annually- brings in too little, it is that politicians spend too much.

MEMO to all of you and especially you liberals: ALL politicians on the federal level are interested in three things: the acquisition, retention, and expansion of power. Taxation is the capital politicians use to accomplish those objectives. I'm worried about acquiring, expanding, and retaining money for me and my family- not to be used as a political pawn for some politician.

Blueballs for President!