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Senior Contributor

Here's your hope

mr. happy.JPG

23 Replies
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Veteran Advisor

Re: Here's your hope

Actually, they are OLD taxes since he wants to do away with the bush tax cuts for those making over $250K/yr.

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Senior Contributor

Re: Here's your hope

Nope, they are new taxes.

 

The Bush tax rates were the law and they were the rates.  Any increase to those rates now are new taxes.  Lots of people that didn't pay taxes during the Bush administration are now going to pay and many that only paid 10% will find a 50% increase in their tax bill. If they didn't pay taxes prior to Bush and Bush tax rates are what they have been paying then these are new to them and thus are new taxes.

 

It really doesn't matter, the bottom line is that there will be less money to buy things with, less money to start a business and less money to hire people with.  All things that government theft from working people seems to desire so that everybody has to have government aid to survive.

 

I would think that the best solution to our government debt problem would be to roll back spending to 2007 level and keep it there.  2007 is an arbitrary number of course but why should government spending increase each year.  All it does is increase inflation and put more people in the poor category.

 

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Veteran Advisor

Re: Here's your hope

I guess it depends on how you look at it.  The bush tax cuts were to be temporary and Obama EXTENDED the temporary cuts temporarily.  It is time that someone besides low and middle income folks ante up.    Everyone is supposed to be in this together and that means that everyone should sacrifice!

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Senior Advisor

Re: So I( guess your argument is...

that none of us should pay taxes because we will have less money to spend and less money to invest and create jobs.

 

Somehow a million dollar earner's income is more precious than the modest income of a middle class farmer. Farmers which may well create more jobs than all the millionaires on wall street.  Money in itself is not and indicator of job creation. There are lots of thousandaires that hire people in a growing business. The millionaire? Well he uses his to invest i the wall street casino action and doesn't even think or consider hiring someone.

 

You want a business to thrive, give them customers with money in their pockets. Instead you beleive in keeping the wealthy's wallet stuffed and downward spiral on wages and benefits.

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Senior Contributor

Re: facts are

30 % of us now pay 80 % of all income taxes so whay arent you paying more --i am all for it --let the middle class pay as much as the upper income levels  and then you will feel better--or in other words obamo is crazy as usual--if you take all the rich folks money it wil not keep up with oblamos spending

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Senior Contributor

Re: lets be fair

the dumocrats say all should share the wealth so lets have a flat sales tax then all will share

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Senior Advisor

Re: lets be fair

I would go for that if you put that flat tax on every thing. Not just consumer good but stocks, bonds, farms, tractors, combines everything.  I'll not go for a transfer of the whole tax burden to consumers and that is what the flat taxers want to do.

 

It's not fairness the flat taxers want. They want the taxes paid by working folks and not them.

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Senior Contributor

Re: Here's your hope

Please! Show us where your worthless party has created one fcuknig job! Boinker was going to be "LASER FOCUSED" on jobs and the economy. The only job he created was his own.

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Senior Contributor

Re: Here's your hope

You are full of it, pal. The so-called, Bush tax cuts were to expire in 10 years, they are, and never were "law". The quicker they are repealed the quicker this country begins to get back on it's feet.