President Bush has added 4 trillion to the national debt, almost doubling it

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#27
#27
allvol123 said:
So you hold a philosophy that more taxes are better? That a government can take a dollar and make better use of it than you can?
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They can obviously make better use of it than the large power broker banks can. I mean let's be honest, did the middle class or the top executives of these institutions benefit more with the Bush tax cuts? Here comes the government...$816 Billion in bail-outs for the likes of Freddie Mac, Fannie Mae, Bear Stearns, AIG, and now possibly WaMu...that we the middle class taxpayer will be responsible for. Not only did corporate tax breaks go to these institutions, but now we have to bail them out when they "don't make better use of it".
 
#28
#28
T-TownVol said:
The tax policies are not the problem...you are using the wrong talking point
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So you think the corporate tax breaks have worked, given what wall street is going through right now?

No one disputes the fact that spending is out of control by both parties. But you can't discount the other side of the equation and not enough is being brought in either.

I am for responsible tax cuts. Cut corporate loopholes, repeal the disporportionate cuts on the wealthy, and put money back in the hand of the middle class. I trust the middle class more than I do the power brokers on wall street at this point.
 
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#29
rjd970 said:
They can obviously make better use of it than the large power broker banks can. I mean let's be honest, did the middle class or the top executives of these institutions benefit more with the Bush tax cuts? Here comes the government...$816 Billion in bail-outs for the likes of Freddie Mac, Fannie Mae, Bear Stearns, AIG, and now possibly WaMu...that we the middle class taxpayer will be responsible for. Not only did corporate tax breaks go to these institutions, but now we have to bail them out when they "don't make better use of it".
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what proportion of the taxes do the middle class pay?
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#30
#30
rjd970 said:
They can obviously make better use of it than the large power broker banks can. I mean let's be honest, did the middle class or the top executives of these institutions benefit more with the Bush tax cuts? Here comes the government...$816 Billion in bail-outs for the likes of Freddie Mac, Fannie Mae, Bear Stearns, AIG, and now possibly WaMu...that we the middle class taxpayer will be responsible for. Not only did corporate tax breaks go to these institutions, but now we have to bail them out when they "don't make better use of it".
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Yes, I am sure they can. Just fast forward on SS and Medicare and keep these "large power brokers" in mind when you want to see how much better government does.
 
#31
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rjd970 said:
They can obviously make better use of it than the large power broker banks can. I mean let's be honest, did the middle class or the top executives of these institutions benefit more with the Bush tax cuts? Here comes the government...$816 Billion in bail-outs for the likes of Freddie Mac, Fannie Mae, Bear Stearns, AIG, and now possibly WaMu...that we the middle class taxpayer will be responsible for. Not only did corporate tax breaks go to these institutions, but now we have to bail them out when they "don't make better use of it".
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Socialist Bullcrap!
 
#32
#32
Obama has the plan. Make failing companies pay higher taz rates!!!!!! The man is brilliant!!!!

Can the Obamists tell me the ideal situation a company should aim for? I mean, if you make too much, you are like the "evil" oil companies. If you fail miserably, the government will take you over(Obama has got to love this). So what does a company aim for? What is the ideal financial goal?
 
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#33
rjd970 said:
So you think the corporate tax breaks have worked, given what wall street is going through right now?

No one disputes the fact that spending is out of control by both parties. But you can't discount the other side of the equation and not enough is being brought in either.

I am for responsible tax cuts. Cut corporate loopholes, repeal the disporportionate cuts on the wealthy, and put money back in the hand of the middle class. I trust the middle class more than I do the power brokers on wall street at this point.
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Idiotic thinking...and by the way, throwing in the phrase "middle class" does make most uneducated feel all warm and fuzzy, but is still wrong thinking
 
#34
#34
BigPapaVol said:
what proportion of the taxes do the middle class pay?
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As a data point, last year Warren Buffet paid 17%, and his secretary who makes $60,000/year paid 30%. I make under $100K and pay around 32%.
 
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T-TownVol said:
Socialist Bullcrap!
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OK. Let's hear how the Bush tax cuts have been beneficial. I am all ears. I guess you like bail-outs and a socialized Wall Street? Obviously the government, even under Bush, thinks they make better use of a dollar.
 
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rjd970 said:
As a data point, last year Warren Buffet paid 17%, and his secretary who makes $60,000/year paid 30%. I make under $100K and pay around 32%.
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Then you my friend need a good accountant...or better yet, get some charitable contributions going
 
#37
#37
rjd970 said:
So you think the corporate tax breaks have worked, given what wall street is going through right now?

No one disputes the fact that spending is out of control by both parties. But you can't discount the other side of the equation and not enough is being brought in either.

I am for responsible tax cuts. Cut corporate loopholes, repeal the disporportionate cuts on the wealthy, and put money back in the hand of the middle class. I trust the middle class more than I do the power brokers on wall street at this point.
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which corporate tax breaks did Wall St. get? tell me about those. I suspect if you know anything about a 10k, you'll find that all of them live in an enormous tax bracket, but that wouldn't support your argument now would it. You're convinced that the middle class is paying all of the taxes.

Can you explain disproportionate tax breaks for the wealthy? How does that work when the amount of taxes being paid by the top 10% of earners goes up?
How many are the middle class employing and keeping in jobs? Think they're pumping out a bunch of W-2s and 1099s?

Your ridiculous attempt at trying to explain your wildly exaggerated numbers by talking about real dollars showed me you have no idea what you're talking about. This little doozy solidified it.

Why don't you just link us to your lefty econ sites and spare us your faux objectivity so we can avoid the middle man and you can avoid looking silly.
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#38
#38
rjd970 said:
OK. Let's hear how the Bush tax cuts have been beneficial. I am all ears. I guess you like bail-outs and a socialized Wall Street? Obviously the government, even under Bush, thinks they make better use of a dollar.
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Let me say this slowly...t a x c u t s a r e n o t t h e p r o b l e m

also, the government should not be bailing out any private company...s e e , t h a t i s o v e r s p e n d i n g
 
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Palin has repeatedly made a statement about "government is not the answer to everything". Goodness, she is almost on the verge of being a decent politician.
 
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I mean, if you make too much, you are like the "evil" oil companies.
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Do you think oil companies are playing in a free market? If a dell cost too much, I go get a MAC. If oil cost too much, I'm screwed and have to pay it.
 
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BigPapaVol said:
which corporate tax breaks did Wall St. get? tell me about those. I suspect if you know anything about a 10k, you'll find that all of them live in an enormous tax bracket, but that wouldn't support your argument now would it. You're convinced that the middle class is paying all of the taxes.

Can you explain disproportionate tax breaks for the wealthy? How does that work when the amount of taxes being paid by the top 10% of earners goes up?
How many are the middle class employing and keeping in jobs? Think they're pumping out a bunch of W-2s and 1099s?

Your ridiculous attempt at trying to explain your wildly exaggerated numbers by talking about real dollars showed me you have no idea what you're talking about. This little doozy solidified it.

Why don't you just link us to your lefty econ sites and spare us your faux objectivity so we can avoid the middle man and you can avoid looking silly.
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BPV speaks the truth
 
#43
#43
rjd970 said:
Do you think oil companies are playing in a free market? If a dell cost too much, I go get a MAC. If oil cost too much, I'm screwed and have to pay it.
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If oil costs too much, get something that does not use as much gas, move closer to work, make some proactive decisions. Quit worrying about nonsensical conspiracies to get you through life.
 
#44
#44
T-TownVol said:
Let me say this slowly...t a x c u t s a r e n o t t h e p r o b l e m

also, the government should not be bailing out any private company...s e e , t h a t i s o v e r s p e n d i n g
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Are you going to answer the question or just keep harping that the Bush tax cuts are working?

Let me say this in as simple terms as possible:

I am for tax cuts. I am not for the Bush tax cuts.

There are two sides to this problem. Spending is one. Not enough revenue is the other. I am all for cutting spending, and it is a huge problem.
 
#45
#45
allvol123 said:
If oil costs too much, get something that does not use as much gas, move closer to work, make some proactive decisions. Quit worrying about nonsensical conspiracies to get you through life.
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But he is entitled to cheaper gas, don't you realize that
 
#46
#46
rjd970 said:
Are you going to answer the question or just keep harping that the Bush tax cuts are working?

Let me say this in as simple terms as possible:

I am for tax cuts. I am not for the Bush tax cuts.

There are two sides to this problem. Spending is one. Not enough revenue is the other. I am all for cutting spending, and it is a huge problem.
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I know exactly what you are saying. BHO's "Robin Hood" tax plan is better.
 
#47
#47
rjd970 said:
As a data point, last year Warren Buffet paid 17%, and his secretary who makes $60,000/year paid 30%. I make under $100K and pay around 32%.
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your anecdotal horsecrap doesn't help. I asked what proportion is paid by the middle class. I'll tell you that it's nowhere remotely close to a third, while by definition, the middle class makes up 2/3 of the population.

I don't trust Buffet's numbers as far as I can throw them. You have no idea what generated that percentage. I guarantee you that he owns tax credits and has loss carryforwards that would make your head hurt. Moreover, all yor seeing is his peronal return. His corporate bills are enormous. Berkshire knocks out a k, check out that tax line item.

I don't for a second believe that someone making 60k paid 20k nor do I believe that you paid 32%. If true, neither of you has any business talking finance ever again.
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#49
#49
allvol123 said:
Of course he is, and he is sure to get it with that ridiculous bill the House sent through.

:crazy:
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if he remits 32% to the fed in taxes, hell, he probably deserves free gas so he can find a republican accountant with a brain.
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#50
#50
do you guys think that's DIO we're talking to?

think he can hit "Rainbow in the Dark" for us, instead of this groping in the dark routine he's pulling?
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