Re: Fiscal Cliff; Taxes vs Cuts | Page 2 | TigerDroppings.com

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Lsut81
USA Fan
Member since Jun 2005
65179 posts

re: Re: Fiscal Cliff; Taxes vs Cuts


quote:

PLUS a major cut in military spending.


When I said entitlement, I was including that...






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50Mullets
LSU Fan
A more civilized age
Member since Oct 2012
1433 posts

re: Re: Fiscal Cliff; Taxes vs Cuts


quote:

Obama will get what he wants. And Republicans will get all the blame.


As they should. Who do you blame when a 4 year old on a sugar rush runs around the super market screaming and destroying end-cap displays? You blame the parent who gave them the milky-way.






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germandawg
Member since Sep 2012
3306 posts

re: Re: Fiscal Cliff; Taxes vs Cuts


quote:

Why is it the republicans fault? Our problem isn't a revenue problem, it's a spending one..... This is a few years old but a good example


Republicans are to blame because they have pandered to the worst society has to offer over the last 30 years while they have done everything they could, at any cost, to increase their own personal wealth no matter what the damage has been to the nation. Listen, it is not surprising to anyone who has been around for a while when GOP canidates start saying things like "legitimate rape" and "pregnancy as the result of rape is God's will"...if you know any blue collar republicans then you hear stupid crap like that all the time. The GOP abandoned its conservative history when the Civil Rights act became law because they saw a way to garner support, in huge chunks, in the south and midwest. And it has worked for the party perfectly, but in the process thay have allowed tha nation to, for all practical purposes, be one of a single party because there is no moderation left in the GOP. Not many of us supported Obama without holding our nose and doing so but the GOP is simply too backward and has way to many people who hate conservatism more than the most liberal democrat because it means they can't tell gay people who they can or cant marry and they don't get to dominate womens issues. You can't cowtow to hatred for long without it coming back to bite you in the ass....and it has the GOP and the nation in spades....






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germandawg
Member since Sep 2012
3306 posts

re: Re: Fiscal Cliff; Taxes vs Cuts


quote:

Why is it the republicans fault? Our problem isn't a revenue problem, it's a spending one..... This is a few years old but a good example


It is a spending and a revenue problem. Spending is out of control and is going to be cut one way or the other. Revenue in the form of increased payroll taxes and income taxes both are also necessary to meet the needs in entitlement reform. None of this is going to happen quickly and painlessly. yes, tax increases will hamper job growth...but will a steady, known tax rate, slightly higher than it is now, hurt growth as much as the fear of what might be? I doubt it seriously. I think employers and consumers both are so sick and tired of not knowing from one day to the next what their tax rates are that they are just punch drunk and would be better off with much higher tax rates that did not fluctuate all the time than rates that were roller coastering. I know I am much more confident when I know exactly how much money I have every year to operate on. Again the GOP has lead us to the point where we have arrieved at the mind set that a small tax increase is tanatmount to Governmente seizure of all our assets and reason enough for us to go Galt. It is ridiculous. If you have a small business and you taxes increase from 33 - 35% this year you will notice the difference....but are you simply going to quit trying to earn a living? If so your business wasn't viable at 33%. Taxes suck, No one likes them, but they exist and pretending that it is a burden that can't be overcome is a lot like black folks who claim their friends are trying to be white when they make good grades in school....it is nothing more than a group phsycosis that is holding everyone back....






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WildTchoupitoulas
Member since Jan 2014
Member since Jan 2010
16186 posts

re: Re: Fiscal Cliff; Taxes vs Cuts


ouch





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LSUwag
LSU Fan
St Augustine Beach
Member since Jan 2007
7029 posts

re: Re: Fiscal Cliff; Taxes vs Cuts


Yep. Tax increases in exchange for nothing.

If they do it, I will never vote for another Republican.






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accnodefense
Kennesaw St. Fan
Member since Dec 2010
2104 posts

re: Re: Fiscal Cliff; Taxes vs Cuts


quote:

I can damn near guarantee it'll be tax increases with cuts in future spending increases, and that will be either nullified by congress at a later date or made insignificant by increases in spending.


This

Tax Increases immediately/retroactively, and spending cuts that never materialize.

Classic bait & switch, hope GOP sees through it






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Archie Bengal Bunker
Florida State Fan
Member since Jun 2008
15490 posts

re: Re: Fiscal Cliff; Taxes vs Cuts


quote:

Let's now remove 8 zeros and pretend it's a household budget: - Annual family income: $21,700
- Money the family spent: $38,200
- New debt on the credit card: $16,500
- Outstanding balance on the credit card: $142,710
- Total budget cuts so far: $385


This is why I say attack from both sides. We could:

A] cut spending to the bone like most everyone on here wants. So, you would have to curtail your spending to $20,000.... $18,200 less than you spent last year. However, there are some bills that families have to pay. And instantly cutting the government spending in half = bad for the economy

B] raise our family income to $38,500. A income increase of $16,800. Doubling the federal income means huge tax increases. Huge tax increases = bad for the economy

C] Raise our income some to $30,000 [$8,300 increase], AND cut our spending down to $29,000 [$9,200 decrease]. Burn it from both ends so that you don't drastically change one.






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WildTchoupitoulas
Member since Jan 2014
Member since Jan 2010
16186 posts

re: Re: Fiscal Cliff; Taxes vs Cuts


quote:

C] Raise our income some to $30,000 [$8,300 increase], AND cut our spending down to $29,000 [$9,200 decrease]. Burn it from both ends so that you don't drastically change one.



You'd think this was a 4th order derivative or something.

It ain't brain salad surgery.

It's more like the guy who got laid off from the plant, then hired on at the convenience store, with his wife screaming at him, "But how are we going to pay for your cut in pay???" and he just looking at her and saying, "well, I ain't going out and getting a second job, so you'd better just start using cloth diapers."






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