If tax hikes on the Rich will only raise 82 billion a year | Page 3 | TigerDroppings.com

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lsuroadie
LSU Fan
South LA
Member since Oct 2007
5642 posts

re: If tax hikes on the Rich will only raise 82 billion a year


quote:

We spent the money, we need to collect taxes to pay for it.
This is as elementary as it gets? My child could come up with that...(no flame)

quote:

You want war, collect the taxes
Seriously? I wanted war, so I need to pay for it? You just exposed yourself my friend. I am an American, not a fit in the closet Republican, I don't bilndlessly follow any politician, so don't drivel out that the reason we are $16T in debt is because of some war that every politician voted for BTW (except for the chosen one)And yes, every dollar flowing out of the coffers of the taxpayer needs to be matched with dollars coming in....to go to war, to build a ship, to make a ham sandwich, to employ a teacher.

quote:

If the debt for the country was better going into the 2008 bank collapse then there may not have been as much economic panic at the time.
Agreed.


quote:

The best answer is that we weren't taxed enough years ago when the huge deficits started.
And that my friend is my question. You can't possibly believe that the Feds could have taxed its way to $16T and a balanced budget. Pleeeeeaaaasse, tell me this is not your political view?






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bamafan1001
Alabama Fan
Member since Jun 2011
2613 posts

re: If tax hikes on the Rich will only raise 82 billion a year


quote:

The questions is why is the only lamb that is not to be sacrificed is that $28 Billion? The GOP wants to raise taxes on 98% of Americans if the top 2% see their taxes go up any at all. Meanwhile the same GOP is all about raising the eligibility age for Social Security (a necessary measure)and all sorts of entitlement reforms but the main thing is making certain that the top 2% do not suffer any tax increase. And the GOP wonders why blacks, latinos and women, all demographics that are largely absent from the top 2%, are solidly in the corner of democrats. It is truly astonishing to watch a party that was so strong in the 80's reducing itself to a regional party comprised of bigots and sniveling children. And in the process giving the extreme left in the Democratic party fresh hope that they can finally turn this country into the xanadu they have always envisioned. I don't know why ya'll can't see how dangerous pandering to the worst elements on the rigt have set the wheels in motion for the left to take over politically and yet you still stand in line to protect the interests of billionaires when the interest of 98% of Americans hand equally in the balance....


Wow. This is why democrats win: very low information voters like germandawg






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doubleb
LSU Fan
Baton Rouge
Member since Aug 2006
6692 posts

re: If tax hikes on the Rich will only raise 82 billion a year


The Dems don't really want to raise taxes on the "elites", they want to talk about raisijng taxes on the "elites".

There is a difference.

If they had wanted to raise taxes on anyone they had the votes in 2009-2010 to do just that.

Think about it. They had the HOR, they had 60 Senate votes and of course Obama was in charge.

All they did was spend money and blame Bush for all our problems. When the people woke up in 2010 and threw Pelosi and her gang out of power in the HOR; the Dems begin to blame the Republicans in the HOR for blocking their programs when all the Republicans were doing was whart their constituents elected them to do.

This game of chicken has been going into the third year now. The Republicans have the HOR and can't pass any laws. The Dems have the Senate and the presidency and all they do is blame the Republicans for blocking their spending moves and their tax increases which is exactly what the Republicans were elected to do.

We have a stand off, but the dems are winning the public relations battle because the media is on their side.

Listening to the news the problem is the rich aren't paying their fair share when in reality govt. is spending at levels not seen since WWII and the economy is bad and we can't afford all this largesse.






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DownshiftAndFloorIt
LSU Fan
The devil dreams on an idle horse
Member since Jan 2011
40852 posts

re: If tax hikes on the Rich will only raise 82 billion a year


Didn't California try something similar to Obama's plan and pretty much bankrupt the state?





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Taxing Authority
LSU Fan
Houston
Member since Feb 2010
22901 posts

re: If tax hikes on the Rich will only raise 82 billion a year


quote:

why is the President so determined to go after such a little Revenue when we have a 1.1 Trillion dollar issue to deal with?

Can someone please explain this to me?
F*cking populist "get you some" from the rich. It has NOTHING to do with solving our fiscal problems. It's just to "improve the morale" of the leeches.








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lsuroadie
LSU Fan
South LA
Member since Oct 2007
5642 posts

re: If tax hikes on the Rich will only raise 82 billion a year








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Taxing Authority
LSU Fan
Houston
Member since Feb 2010
22901 posts

re: If tax hikes on the Rich will only raise 82 billion a year


quote:

I don't understand why so many middle class people jump up to support the top 1%
You ever hear that poem...

First they came for the communists
and I didn't speak out because I wasn't a communist

...

First they came for the "rich's" money
and I didn't speak out because I wasn't rich

And then they came for my money
and there was no one richer to take it from.

Everyone thinks it's perfectly OK to take money from another... as long as they aren't taking it from you. But guess what... the rich don't have that much money. And when they run out... they are coming for you. And me.






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Taxing Authority
LSU Fan
Houston
Member since Feb 2010
22901 posts

re: If tax hikes on the Rich will only raise 82 billion a year


quote:

Maybe they need to be raised even more on the rich for added revenue
Go ahead. Make it 100%. See what happens.






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BugAC
LSU Fan
Baton Rouge
Member since Oct 2007
18760 posts

re: If tax hikes on the Rich will only raise 82 billion a year


quote:

The GOP wants to raise taxes on 98% of Americans if the top 2% see their taxes go up any at all.


Actually, the GOP has put forth several budgets that have tax increases and spending cuts. The Democrats are to blame for the fiscal cliff. Glad to see you are getting your talking points ready.

quote:

d all sorts of entitlement reforms but the main thing is making certain that the top 2% do not suffer any tax increase.


You really have no clue who the business owners of this country are, do you?

quote:

And the GOP wonders why blacks, latinos and women, all demographics that are largely absent from the top 2%, are solidly in the corner of democrats.


Yeah, i'm sure it has nothing to do with the dirty politics that democrats play, showing adds that say that Mitt Romney killed a woman, Ryan pushing granny off a cliff, Biden telling black people that the GOP will put them in chains. The idiot electorate believes this bullshite, that's why they are a lost cause.

quote:

It is truly astonishing to watch a party that was so strong in the 80's reducing itself to a regional party comprised of bigots and sniveling children


Bigots? Which party is the party of the Klan? Which party is the party of slavery? Which party had it's longest running senator in the Klan? Which party had it's former president say that Obama would have been serving him dinner back in the day? Which party has instituted slavery via, "i'll give you things if you vote for me?" And thus entrapping people onto that Democrat plantation?

quote:

I don't know why ya'll can't see how dangerous pandering to the worst elements on the rigt have set the wheels in motion for the left to take over politically and yet you still stand in line to protect the interests of billionaires when the interest of 98% of Americans hand equally in the balance...


Why in the hell are all of you idiot liberals ignoring the facts? SPENDING IS THE ISSUE, and no amount of tax increases will offset that issue. The only thing tax increases will do, is cause more people to lose their jobs. If you don't believe me, check out what Obamacare's tax increase has done to the country.






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Taxing Authority
LSU Fan
Houston
Member since Feb 2010
22901 posts

re: If tax hikes on the Rich will only raise 82 billion a year


quote:

This is a terrible argument. There must be something stickied on Drudge b/c I see this thread 5 times a day. The tax hikes on the rich are about 500 times > than the budget of NPR and many conservatives advocate eliminating that as a solution to our deficit problem.

$82 billion is $82 billion.
$82 Billion isn't even a start. It's inconsequential whether we do it or not. That is why it should not be the absolute priority that Obama is making it out to be. It's like... wrecking the budget deal because the president want's M&Ms with every meal. It's childish to fight over such inconsequential things.

If the president was serious... he'd be talking about rolling back ALL of the Bush tax cuts (because it would expand the base), and rolling back the stimulus spending that was added to the budget baseline. THAT would be a serious proposal.






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Taxing Authority
LSU Fan
Houston
Member since Feb 2010
22901 posts

re: If tax hikes on the Rich will only raise 82 billion a year


quote:

And please enumerate the long list of spending cuts the republicans have enacted over the last 30 years. (hint: there aren't any)
False. The greatest increase in spending was the Stimulus bill. That represents almost $1T of our yearly budget and almost all of our current deficits, because it was added to the budget baseline. ZERO house republicans voted for the bill. And only three senators (Specter, Collins, and Snowe) voted for it. Remove that and we're damn close to a balanced budget today.



This post was edited on 12/6 at 8:37 am


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BugAC
LSU Fan
Baton Rouge
Member since Oct 2007
18760 posts

re: If tax hikes on the Rich will only raise 82 billion a year


quote:

And lower rates do not "fuel economic growth". One could argue that the rates on the wealthy were already low before the tax cuts. How low is low enough for you guys?


Actually it does. It's called economics and i don't expect any liberal to be able to comprehend this, but i'll explain it to you.

Lower taxes mean less money one has to pay to the government. That extra money can then be used to buy goods/services or in the case of business, hire workers and expand. Hiring more workers mean more people on the taxpayer payroll. More taxpayers = more tax dollars. More taxpayers also means less people on taxpayer funded unemployment benefits. In summary, more tax receipts, less on unemployment = a positive economy.

On the other hand, Raising taxes stifles growth. If a business has to pay more taxes, like they do now with obamacare, then they have less money to spend on hiring, wages, expansion, products, etc... While they pay more taxes, based on dollar amount, the amount of taxpayers shrink due to layoffs or shrinking salaries, because that company is trying to offset these new taxes. These people then, that would have had a job, are now on unemployment which is now another drain from our tax dollars, and so you are left with an economy we have today.

Again, i don't expect you to respond to the comment with any logic or reasoning, just hoping a few people may actually understand how business and the economy work.






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Taxing Authority
LSU Fan
Houston
Member since Feb 2010
22901 posts

re: If tax hikes on the Rich will only raise 82 billion a year


quote:

As for federal tax revenues, I am not sure how much is related to the increased spending on the wars, Katrina, and rising gas prices (<-- prob the largest factor).
You should find out. You'd understand that none of those things are significant factors in creating the current deficit and spending levels.






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TROLA
LSU Fan
BATON ROUGE
Member since Apr 2004
6466 posts
 Online 

re: If tax hikes on the Rich will only raise 82 billion a year


It's a symbol of fairness he's preached to his masses. We have so many dolts that blindly follow certain leaders that even bull shite fluff gets them tingling. He's either not serious about fixing the problem because of the pain it would cause during his second term, possibly blighting his ego and tainting his legacy. Or, he's using the republicans as cover to raise taxes on the middle class, hoping to deflect party damage and continue proliferating government expansion.





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Taxing Authority
LSU Fan
Houston
Member since Feb 2010
22901 posts

re: If tax hikes on the Rich will only raise 82 billion a year


quote:

The whole point is simply to make him look good at the expense of his political enemies.
-----------------------------------------
It is obvious. Why is the left so afraid to admit this?
Exactly. And it's exactly what the left wants. It's telling they are afraid to admit what they want. Deep down... somewhere... they know it's wrong.






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TigerTattle
LSU Fan
Out of Town
Member since Sep 2007
5062 posts

re: If tax hikes on the Rich will only raise 82 billion a year


quote:

The GOP wants to raise taxes on 98% of Americans if the top 2% see their taxes go up any at all.


No, Obama wants to raise taxes on 98% of Americans if the top 2% do not see their tax rates go up. Capping deductions would garner an equivalent amount of "revenue," but he wants to be able to say "I stuck it to the evil rich."

quote:

dangerous pandering to the worst elements on the left have set the wheels in motion for the left to take over politically


More food stamps! More free stuff! Vote for Obama! He gone do more!

quote:

you still stand in line to protect the interests of billionaires when the interest of 98% of Americans hand equally in the balance....


Exactly. The current path is not sustainable and everyone in the USA is going to be hurt if nothing is done to stop and repair the damage, not just billionaires. But raising taxes on the rich is the topic at hand now, so:

Several reasons:

Cuts. The gov't is like an incorrigible teen who just got his hands on dad's credit card. Raising taxes (on anyone) is like getting the bill, then raising the credit limit on the card anyway. It's idiocy.

Something is very wrong with the tax structure when 47% of the population pays no federal income tax whatsoever (many cases getting a tidy little EIC profit) while the other 53% carries the load. Any time taxes are raised, they should be raised across the board on everyone, not just those who work. Those who live on the gov't dime should have their benefits cut every time taxes are raised on the workers, even if it's only $10. Everyone should feel the pinch. Maybe then they'd start paying attention to how much money the gov't wastes.









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Chimlim
LSU Fan
Baton Rouge, LA
Member since Jul 2005
11580 posts

re: If tax hikes on the Rich will only raise 82 billion a year


quote:

or run the government for another 10 days, why is the President so determined to go after such a little Revenue when we have a 1.1 Trillion dollar issue to deal with?


Because saying "I'm going to raise taxes on everyone to pay off this debt I've piled up." will not get you elected.

However, saying "I'm going to raise taxes on people making over $250,000 /year. They need to pay their fair share!!" does get you elected.

People were dumb enough to believe Obama on that.

Yes he is lying, he is going to raise everyone's taxes.






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TrueTiger
LSU Fan
Chicken's most valuable
Member since Sep 2004
10662 posts
 Online 

re: If tax hikes on the Rich will only raise 82 billion a year


quote:

Because saying "I'm going to raise taxes on everyone to pay off this debt I've piled up." will not get you elected.


The election is done and he's in his second term now. He can tell the truth now without worry and actually do something good for the nation at large, if he was man enough.






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real
LSU Fan
Dixieland
Member since Oct 2007
12735 posts

re: If tax hikes on the Rich will only raise 82 billion a year


Its so funny when a Liberal says that the GOP wants everyone's taxes to go up. Umm arnt we living under the "Bush" tax cuts. Democrats are the party of taxing and they will see to it that all of our taxes will go up. Hell Obamacare is a huge tax on the middle class. You Democrats are some stupid people.


This post was edited on 12/6 at 9:21 am


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mmcgrath
LSU Fan
New Jersey
Member since Feb 2010
5428 posts
 Online 

re: If tax hikes on the Rich will only raise 82 billion a year


quote:

quote:

The best answer is that we weren't taxed enough years ago when the huge deficits started.
And that my friend is my question. You can't possibly believe that the Feds could have taxed its way to $16T and a balanced budget. Pleeeeeaaaasse, tell me this is not your political view?

The general theory is that if spending increases, taxes have to be increased to account for it. Then you can have more public reaction to the increased taxes, which would increase pressure to reduce taxes.

The problem is that the federal government can spend more without raising taxes... not that it can spend more.






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