wow obama "should we comprimise safety so some corporate jet owner gets a tax break"

#1

droski

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#1
class warfare at it's finest. apparently if we don't raise taxes on all these billionare *******s who are paying the "lowest taxes of our lifetime" than we won't have money for food inspection and children will be in danger. this is downright pathetic.

edit: now he's saying flight safety is at risk
 
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#2
#2
Also said if oil companies keep getting these tax breaks then some kids won't get scholarships or some medical research will have to end. This guy is so ridiculous
 
#4
#4
LG said Obama wasn't engaging in class warfare, so you must be wrong


edit:

http://washingtonexaminer.com/blogs/beltway-confidential/2011/06/flashback-ap-stimulus-includes-tax-break-promote-private-jet-sale

From the Associated Press in 2009:

Just a few months after lawmakers scolded auto executives for flying to Washington in private jets, Congress approved a tax break in the stimulus package to help businesses buy their own planes.

The incentive -- first used to help plane makers recover from the 2001 terror attacks -- sharply reduces the up front tax bill for companies who buy assets like business planes.


Read more at the Washington Examiner: http://washingtonexaminer.com/blogs...-break-promote-private-jet-sale#ixzz1QhA9zcEg
 
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#5
#5
He's just further setting up the argument that is already being made that its not fair to cut programs designed to help the every day dude or dudette whilst simultaneously cutting the effective tax burden on the wealthiest.

You guys act like you are shocked by this. I'd be shocked if he didn't say such things.
 
#6
#6
Obama:
The Bush Tax Cuts were bad, but he extended them.
Wall Street is greedy and evil, he voted to bail them out.
Gitmo is bad, he's yet to close it.
Private Jets are costing kids their scholarships, he gave them the tax break.
The Iraq war was unjust, he completly bypassed Congressional approval in Lybia.
You can't raise the debt ceiling while he's a senator, yet it must be raised now he's president.

I think Obama is trying to be a one term president, hence his actions, but despite his best efforts he can't get anyone in the media to talk about his reneges, double talk, and lies.
 
#7
#7
He's just further setting up the argument that is already being made that its not fair to cut programs designed to help the every day dude or dudette whilst simultaneously cutting the effective tax burden on the wealthiest.

You guys act like you are shocked by this. I'd be shocked if he didn't say such things.

So you agree he's using scare tactics?
 
#8
#8
class warfare at it's finest. apparently if we don't raise taxes on all these billionare *******s who are paying the "lowest taxes of our lifetime" than we won't have money for food inspection and children will be in danger. this is downright pathetic.

edit: now he's saying flight safety is at risk

Barry playing games with the electorate.

As MG aptly points out, it was the Obama stimulus
that initiated this accelerated depreciation tax
write off to entice corporations to by private jets
but now he wants to denounce them.

Obama is not to be trusted by the private sector
unless you are some huge corporation like GE or
GM, wall street or the privately owned federal
reserve which own him.

That is one huge factor in prolonging the recession,
along with the unknown costs of paying for Obamacair,
a private business just doesn't know what's next in
Barry's class warfare agenda, therefore they are
hesitant to hire any new full time employees.

The recession is vastly underplayed by the LSM,
for instance the highest year of depreciation of real
estate values during the great depression was 31%,
the depreciation in the previous year was 33%, 2%
greater than the worst year of the depression and
what Obama is doing is closer to Herbert Hoover than
to FDR.

If Obama spent one year doing absolutely nothing,
it would be the very best thing for America!
 
#9
#9
Why don't they just have a set flat rate that everyone have to pay? That way the little man don't feel he's getting screwed and the fat cat don't feel he has to give up his private jet
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#10
#10
It is stupid to raise taxes on people who pay other people when you have a job creation problem.

Obama is either stupid or is trying to tank the economy more.
 
#11
#11
Why don't they just have a set flat rate that everyone have to pay? That way the little man don't feel he's getting screwed and the fat cat don't feel he has to give up his private jet
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Flat tax is racist.
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#12
#12
Flat tax is too fair, they couldn't steal and hoard money then cry wolf anymore. In short the party would be over. Where is the fun in that?
 
#13
#13
He's just further setting up the argument that is already being made that its not fair to cut programs designed to help the every day dude or dudette whilst simultaneously cutting the effective tax burden on the wealthiest.

You guys act like you are shocked by this. I'd be shocked if he didn't say such things.

you are coming from the assumption that he's being honest that these things are being cut which is absurd.
 
#15
#15
Why don't they just have a set flat rate that everyone have to pay? That way the little man don't feel he's getting screwed and the fat cat don't feel he has to give up his private jet
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makes too much sense. I think its ridiculous that people expect to balance budgets when you want to continually cut taxes. It costs money to run a government. Education, Maintainance of streets and highways, providing police and other public servants take money to do.
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#16
#16
makes too much sense. I think its ridiculous that people expect to balance budgets when you want to continually cut taxes. It costs money to run a government. Education, Maintainance of streets and highways, providing police and other public servants take money to do.
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You're operating under the assumption that economic activity stays static when tax rates change, which is not the case.
 
#17
#17
Politically it would be terrible but I don't see a problem with closing some of these tax loopholes and raising marginal rates slightly on $1 million plus incomes.

If anything, it will show that tax increases aren't going to do squat to solve the problem.
 
#18
#18
You're operating under the assumption that economic activity stays static when tax rates change, which is not the case.

He's also operating under the assumption that govt spending is a fixed cost. History has taught us that the more revenue that comes in the more govt manages to spend.
 
#19
#19
He's also operating under the assumption that govt spending is a fixed cost. History has taught us that the more revenue that comes in the more govt manages to spend.


This is the absolute best argument against raising taxes - no contest.
 
#22
#22
But I thought raised taxes don't lead to increased revenue?

Questionable if they do in the long term. Likely will in the short term.

Historically, regardless of tax rates revenues represent a pretty consistent % of GDP. (somewhere around 18-20%).
 
#23
#23
But I thought raised taxes don't lead to increased revenue?

They don't necessarily. The point is that it doesn't matter how much you slop the pig, he's going to eat everything you throw over the fence.
 
#24
#24
you are coming from the assumption that he's being honest that these things are being cut which is absurd.


Nothing has been cut, yet (not in the sense we are talking about). I'd have preferred to see Obama discuss mega-issues on these points, i.e. Medicare and Medicaid, but its clear he and his folks have made up their mind to clearly focus on painting this as rich vs.poor and middle-class.

The reality is that this approach is the one most likely to work since substantial majority of the country blames the recession on Bush and Wall Street.
 
#25
#25
This is the absolute best argument against raising taxes - no contest.

I understand that but the fact is you gotta have money for the necessary expenditures. Government spending needs to be better controlled we all know that. But they have to spend something and creating more tax cuts isn't eliminating bad government spending. Every time i turn on the news places that need more and better teachers and police officers are firing them.
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