McDad
I can't brain today; I has the dumb.
- Joined
- Jan 3, 2011
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If you're foolish enough to believe that sarcasm is the reason 3/4 of the adults in these forums can't distinguish between homonyms or use proper grammar then I can't help you. The way you speak, or in this case write, is how 90% of people get their first impression of you. Too many sell themselves short. Perhaps I'm just wrong and America is inhabited almost entirely by morons. Our president spoke ebonics last night for crying out loud...in a debate. Anyone else catch it?
For the whiners about Romney interrupting, Obama spoke 4 minutes longer than Romney. If Romney hadn't interrupted, wonder what that number would've been?
I also believe Romney spoke many more words than Barry. Shows without the teleprompter Barry can't talk. He has long pauses and trips all over himself
There is no need for people to whine. Both candidates agreed to the format. Romney took his A game last night, I have never saw him look so good. Obama took his D game, I have never saw him look so bad.
I did not like the format, I thought it was a little odd but that did not change the outcome of the debate.
The problem that Obama (rather obliquely) was trying to make last night is that Romney's tax plan cannot possibly be revenue neutral UNLESS he raises taxes on the middle class.
That has been Obama's question about the plan for weeks now, and Romney really did not answer until last might when he started claiming that tax revenues would go up because of job creation.
Its a bit pollyanish, but tough to criticize because you don't want to look like you are being negative about job creation. I think it caught Obama off guard, and what he needed to do was point out that the wealthy and corporations have plenty of investment dollars right now, and are not investing, so the underlying assumption Romney is making to escape the inevitable math of his proposal is simply false.
Put the burden on Romney to prove that he will get enough job growth out of his plan to offset the new tax breaks. So far as I can tell, there is not reason to think it will because it is just more supply side economics from Romney, which has not been working for close to a decade at this point.
I really liked the format, let the moderator throw out a topic then get out of the way.
that might be too lofty a goal for someone bragging about a test they took in 7th grade
bump
There really is no answer for this problem. Hope Obama figures out a way to communicate the issue.
the exclusion of interest on state and local bonds and the exclusion of inside buildup on life-insurance products could yield more revenue. TPC then acknowledged that repeal of these provisions would raise approximately $45 billion from high-income taxpayers, reducing any need to tax the middle class by the same amount.
why you keep harping on that study I'll never know
it can absolutely be done without raising taxes on the middle class (like many of Obama's plans will do)
here's yet another example for you
3 Reasons Romney's Tax Plan Makes Sense - Business Insider
Sorry if I came across that way. Certainly wasn't my intent. I am just amazed that with all of the technology available to aid in education our kids are getting dumber by the minute...not just in relation to the asians, but relative to our own standards. How can our test scores go down when the test is easier? I'm sure its Bush's fault in one way or another.
They adjusted for that. It has little effect on the multi-trillion dollar hole left over and they have reiterates that Romney's plan cannot, in a universe bound by the laws of nature and simple mathematics, work out.
It just doesn't.
TPC then acknowledged that repeal of these provisions would raise approximately $45 billion from high-income taxpayers
Apologies. Misinformed on that one. I thought I remember reading somewhere that he was keeping the top bracket but raising the threshold on it.
One thing I do agree with dems on is that Romney needs to be more specific on what deductions he plans to cut. I understand why Romney is not doing it (and no politician would do it), but you cannot evaluate his plan without identifying the deductions that he plans to eliminate.
lower taxes doesn't necessarily mean more jobs. Without going into the entire Laffer Curve debate, it's easy to agree that there is a point of diminishing returns in lowering taxes. Carried further, there is a point of disastrous income levels to the government.I really need a liberal to convince me that raising taxes always means raising tax revenue.
When Wal-Mart lowers their prices, they sell more and make more money because they sell more stuff.
When taxes are lowered, more people are hired, those people spend more money, and more taxes are gathered.
Is this rocket science or something?
lower taxes doesn't necessarily mean more jobs. Without going into the entire Laffer Curve debate, it's easy to agree that there is a point of diminishing returns in lowering taxes. Carried further, there is a point of disastrous income levels to the government.
Additionally, reduced taxes implies more investment in businesses, but harsh or unpredictable regulatory environments can and do keep all that capital on the sidelines. We're watching that happen today in a relatively lax taxation environment. We're seeing pending taxation shove capital overseas and into crap like gold.
I still don;t think you can blame too much of the current idleness of investment capital on regulation. The far greater problem, in my admittedly less informed opinion than your own, is uncertainty that there will be sufficient demand to make the investment worthwhile.