| Posted by | Message |
theunknownknight 
LSU Fan
Baton Rouge
Member since Sep 2005
21986 posts
| re: "Tax cut" : Let's Define what it means (Posted on 10/4/12 at 11:53 am to Alabama Slim)
quote:
Obama... and why is cut in quotations?
quote:
neither, it was passed as Republican legislation with a provision that it expire and rates move back up.
So what does each's opinion on the "wording" have to do with the principles of a tax rate different than the current rate? They are arguing a DEEPER issue. See below.
quote:
Obama... and why is cut in quotations?
See above.
quote:
It would be nice to leave the hyperbole out of the conversation
What? My question hits the HEART of the issue. How can you not see that? Is the government entitled to a higher rate or not?
|
| Back to top | |
Tiger n Miami AU83 
Auburn Fan
Miami
Member since Oct 2007
25172 posts
| re: "Tax cut" : Let's Define what it means (Posted on 10/4/12 at 11:54 am to Bard)
quote:
Don't even bother. When you bring facts into it and press him for facts to back up what he says, he just tosses about snide remarks then runs off.
I work for a living numbnuts. I am busy and lose interest in answering the same questions from stupid people.
What do you do for a living? Nothing?
|
| Back to top | |
Alabama Slim 
Alabama Fan
2009,2011 BCS National Champions
Member since Jul 2007
8795 posts
| re: "Tax cut" : Let's Define what it means (Posted on 10/4/12 at 11:55 am to Tiger n Miami AU83)
quote:
However, one candidate wants to get rid of them now (at least in part) and one does not. The rest of the jibberish is not really relevant.
Obama can't afford to let them expire if he gets re-elected for the same reason they have already been extended once under his watch. He is playing on your emotions for your vote.
|
| Back to top | |
Alabama Slim
Alabama Fan
2009,2011 BCS National Champions
Member since Jul 2007
8795 posts
| re: "Tax cut" : Let's Define what it means (Posted on 10/4/12 at 12:01 pm to theunknownknight)
quote:
My question hits the HEART of the issue. How can you not see that? Is the government entitled to a higher rate or not?
the government is entitled to what the current tax code states they are entitled too. And that code currently states that the tax breaks will expire and rates will increase as scheduled. I don't know how I can make it any more simple for you.
|
| Back to top | |
mmcgrath
LSU Fan
New Jersey
Member since Feb 2010
2154 posts
| re: "Tax cut" : Let's Define what it means (Posted on 10/4/12 at 12:03 pm to theunknownknight)
quote:
Tax cuts/hikes should be defined by the current rate.
Honestly I think Romney's plan includes reinstating the Bush tax cuts to get to 20%. It likely isn't based on the current rates either.
|
| Back to top | |
theunknownknight
LSU Fan
Baton Rouge
Member since Sep 2005
21986 posts
| re: "Tax cut" : Let's Define what it means (Posted on 10/4/12 at 12:03 pm to Taxing Authority)
quote:
If your budget for next hear is 10% higher than the current year, but it's reduced to only 5% higher, it's demonized as a 5% cut, even though the actual amount you get is higher.
Yep, same deeper issue.
Libs believe government is entitled to spend a certain amount every year. If spending GROWTH is lessened, it's a "cut". If taxes aren't INCREASED it's a "cut".
Yea, there's a pattern, and when there's a pattern there's a reason
|
| Back to top | |
Decatur
LSU Fan
Member since Mar 2007
14879 posts
| re: "Tax cut" : Let's Define what it means (Posted on 10/4/12 at 12:04 pm to theunknownknight)
quote:
Tax cuts/hikes should be defined by the current rate.
The current rates are not permanent
|
| Back to top | |
theunknownknight
LSU Fan
Baton Rouge
Member since Sep 2005
21986 posts
| re: "Tax cut" : Let's Define what it means (Posted on 10/4/12 at 12:11 pm to Alabama Slim)
quote:
the government is entitled to what the current tax code states they are entitled too. And that code currently states that the tax breaks will expire and rates will increase as scheduled. I don't know how I can make it any more simple for you.
That's like saying I'm entitled to a flat rate mortgage interest rate when I sign a variable interest rate mortgage.
The rate is what it IS, not what it could possibly be based on contractual wordings. If the rate ends up staying low on my mortgage over the next 4 years, I wouldn't think "damn, i REALLY owe the mortgage company more money. They are losing money, let me pay MORE."
The tax rate is variable depending on who is running the country. Always has been, always will be. What someone said back when Murphy Brown had its peak doesn't matter.
You make it seem like the tax rate is based on the same rules as calling shotgun: "well I called it FIRST!" 
|
| Back to top | |
Alabama Slim
Alabama Fan
2009,2011 BCS National Champions
Member since Jul 2007
8795 posts
| re: "Tax cut" : Let's Define what it means (Posted on 10/4/12 at 12:38 pm to theunknownknight)
quote:
If the rate ends up staying low on my mortgage over the next 4 years, I wouldn't think "damn, i REALLY owe the mortgage company more money. They are losing money, let me pay MORE."
what the hell are you talking about?
quote:
That's like saying I'm entitled to a flat rate mortgage interest rate when I sign a variable interest rate mortgage.
no. it's like you trying to convince your lender that your adjustable rate mortgage is in fact a flat rate mortgage.
This post was edited on 10/4 at 12:42 pm
|
| Back to top | |
theunknownknight
LSU Fan
Baton Rouge
Member since Sep 2005
21986 posts
| re: "Tax cut" : Let's Define what it means (Posted on 10/4/12 at 1:00 pm to Alabama Slim)
quote:
no. it's like you trying to convince your lender that your adjustable rate mortgage is in fact a flat rate mortgage.
You just admitted the GOVERNMENT IS ENTITLED TO YOUR INCOME BEFORE YOU ARE. congrats.
It took a bit of bait, but a catfish will eventually show it's true nature.
ETA: for the tards - thanks government for lending me my income. 
This post was edited on 10/4 at 1:02 pm
|
| Back to top | |
LSUnKaty
LSU Fan
Katy, TX
Member since Dec 2008
2271 posts
| re: "Tax cut" : Let's Define what it means (Posted on 10/4/12 at 1:02 pm to Alabama Slim)
quote:
I hope it gets extended... but your extending a TAX CUT.
Is extending a TAX CUT the same thing as cutting taxes?
Or is it more like keeping them the same?
On the other hand, is allowing a TAX CUT to expire going to keep taxes the same or raise them?
|
| Back to top | |
ScoopAndScore
baton rouge
Member since Oct 2008
6898 posts
| re: "Tax cut" : Let's Define what it means (Posted on 10/4/12 at 1:22 pm to Tiger n Miami AU83)
quote:
a tax cut (that was NEVER intended to be permenent)
Says who??
|
| Back to top | |
ljhog 
Arkansas Fan
Lake Jackson, Tx.
Member since Apr 2009
8860 posts
|
quote:
removing that cut becomes a tax raise?
that is correct. if you do anything to raise a man's tax liability, that is a tax increase. obvisiouly the reverse is also correct. leaving the liabilty the same is neither.
This post was edited on 10/4 at 1:25 pm
|
| Back to top | |
theunknownknight
LSU Fan
Baton Rouge
Member since Sep 2005
21986 posts
| re: "Tax cut" : Let's Define what it means (Posted on 10/4/12 at 1:36 pm to ljhog)
quote:
that is correct. if you do anything to raise a man's tax liability, that is a tax increase. obvisiouly the reverse is also correct. leaving the liabilty the same is neither.
That makes sense if you live in reality.
We aren't dealing with people living in reality. They have a foundational belief that the only reason we have any income is because the government LETS us have it. It is THEIRS first and foremost.
Therefore, they think screaming "this is the tax rate, we called it first!" in the early 90's takes precedence over every tax rate afterwards BELOW that.
It's quite retarded logic. It's like calling shotgun in 1992 and claiming it for eternity because you "called it first"
"YOU CAN'T TRIPLE STAMP A DOUBLE STAMP!!! YOU CAN'T TRIPLE STAMP A DOUBLE STAMP!!!"
This post was edited on 10/4 at 1:37 pm
|
| Back to top | |
Bard 
LA-Monroe Fan
BR
Member since Oct 2008
12797 posts
| re: "Tax cut" : Let's Define what it means (Posted on 10/4/12 at 2:26 pm to Tiger n Miami AU83)
quote:
I work for a living numbnuts. I am busy and lose interest in answering the same questions from stupid people.
That's right, you're "an expert" on... something. How's the pay for that?
This post was edited on 10/4 at 2:30 pm
|
| Back to top | |
Alabama Slim
Alabama Fan
2009,2011 BCS National Champions
Member since Jul 2007
8795 posts
| re: "Tax cut" : Let's Define what it means (Posted on 10/4/12 at 2:35 pm to theunknownknight)
quote:
You just admitted the GOVERNMENT IS ENTITLED TO YOUR INCOME BEFORE YOU ARE. congrats.
It took a bit of bait, but a catfish will eventually show it's true nature.
again, what the hell are you talking about
|
| Back to top | |
Alabama Slim
Alabama Fan
2009,2011 BCS National Champions
Member since Jul 2007
8795 posts
| re: "Tax cut" : Let's Define what it means (Posted on 10/4/12 at 2:36 pm to LSUnKaty)
quote:
Is extending a TAX CUT the same thing as cutting taxes?
no, it's extending a CUT. it's really that simple.
quote:
On the other hand, is allowing a TAX CUT to expire going to keep taxes the same or raise them?
it's going to establish them at the rate set before the tax cut that was designed with a sunset provision.
quote:
It's quite retarded logic. It's like calling shotgun in 1992 and claiming it for eternity because you "called it first"
no, it's really nothing like that.
This post was edited on 10/4 at 2:48 pm
|
| Back to top | |
Archie Bengal Bunker 
Florida State Fan
UWF Fan
Member since Jun 2008
14045 posts
| re: "Tax cut" : Let's Define what it means (Posted on 10/4/12 at 2:57 pm to theunknownknight)
Hate to burst your bubble, but the government is entitled to part of your check. It is clear you think taxes should be illegal, but the Constitution gives the federal government the power to enact taxes. I can see not liking the rate or amount of government you are buying, but crying about the government being entitled to your check is absurd.
Since you come off as being pretty young, you may not have heard this yet. Two things in life are certain, death and taxes.
|
| Back to top | |
LSUnKaty
LSU Fan
Katy, TX
Member since Dec 2008
2271 posts
| re: "Tax cut" : Let's Define what it means (Posted on 10/4/12 at 4:07 pm to Alabama Slim)
quote:
quote:
Is extending a TAX CUT the same thing as cutting taxes?
no, it's extending a CUT. it's really that simple.
Then why do you and others keep calling it a tax cut and claiming that Romney wants to cut taxes? And why do we always hear the qualifier "for the rich"?quote:
quote:
On the other hand, is allowing a TAX CUT to expire going to keep taxes the same or raise them?
it's going to establish them at the rate set before the tax cut that was designed with a sunset provision.
In other words "raise them"? Yes or no?
quote:
quote:
It's quite retarded logic. It's like calling shotgun in 1992 and claiming it for eternity because you "called it first"
no, it's really nothing like that.
I never said that.
|
| Back to top | |
theunknownknight
LSU Fan
Baton Rouge
Member since Sep 2005
21986 posts
| re: "Tax cut" : Let's Define what it means (Posted on 10/4/12 at 7:41 pm to Alabama Slim)
quote:
no, it's extending a CUT. it's really that simple
O REALLY? Then why did Obama refer to letting the tax "cuts" expire as "raising taxes" in 2010?
“you don’t raise taxes in a recession.”
Video
So if letting the current rate stay the same = tax cut and letting it expire = tax raise...
what action would we have to take to do neither and maintain the status quo?
Please answer?
|
| Back to top | |
