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Buckeye Warrior
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zeke_tolliver
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zeke_tolliver said...
1. I do not think that tax hikes will be implemented without budget reductions. Simply raising taxes on the rich without reducing the budget deficits would accomplish virtually the same thing as cutting spending without raising tax revenue. That is to say that it would likely reduce the budget deficit, but not as substantial as if BOTH spending cuts and target tax increases were implemented. (IMHO)
2. The federal Government will have somewhere between a $900-billion and a $1-trillion budget deficit in 2013 even IF taxes are raised AND spending is cut.
3. IF taxes are raised an significant budget cuts are not made, I will NOT be a happy camper. I will not go so far as to say I "hate" Obama, but I WILL begin referring to him as "Bush 2.0." Primarily, because the budget deficits and the National Debt MUST be dealt with in the present tense and not put-off for another 4 years.
Buckeye Warrior
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Buckeye Warrior said...
OK, I got a serious question for non bomb throwing liberals interested in a real debate. If Obama get's his way (Oh crap, I am un-American for hoping Obama get's his way!) and he raises taxes on the rich to the tune he is saying, what happens if the deficit keeps growing and the economy remains stagnate? Will there be more tax hikes on the rich? How much more should the "rich" ( I use that term loosely since Obama's definition of rich isn't the same as mine) pay? If Obama get's his tax hikes through right now that he wants, is that considered the rich paying their fair share?
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dave1954 said...
And what is your idea of rich? No, they should be taxed higher than even Obama wants. And if the economy doesn't get better its because the Cons holding any infrastructure money back with more filibusters. They won't pass anything because the Repubs are split wide open.
Buckeye Warrior
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Buckeye Warrior said...
OK, I got a serious question for non bomb throwing liberals interested in a real debate. If Obama get's his way (Oh crap, I am un-American for hoping Obama get's his way!) and he raises taxes on the rich to the tune he is saying, what happens if the deficit keeps growing and the economy remains stagnate? Will there be more tax hikes on the rich? How much more should the "rich" ( I use that term loosely since Obama's definition of rich isn't the same as mine) pay? If Obama get's his tax hikes through right now that he wants, is that considered the rich paying their fair share?
"You're only young once, but you can always be immature."
excabuckeye
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excabuckeye said...
I think we should retroactively go back for at least 20 years and tax the rich extra on everything they've made just to be fair. Just kidding.
In all seriousness, but I'm not liberal so I probably shouldn't answer, there's no way the deficit will not continue to grow under this administration, even with higher taxes on the 2%. Our elected officials have proven they can't produce a budget, let alone manage one, and the only solution is a balanced budget amendment to the constitution, or some other limitation on spending to a certain percentage of GDP. Even with either of those in place I wouldn't trust any of them to not manipulate the numbers to spend more. Until all Americans realize we have a spending problem nothing will change.
Buckeye Warrior
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Love2H8Blue said...
The new taxes requested by BO will only "cover" about 3% of the annual deficit, so does nothing and nothing+1 to the total national debt. (and dont forget about deducting the taxes paid by 200,000-700,000 current wage-earners, the estimate of the number of jobs that will be lost by imposing the new taxes).
50% of Americans pay no income taxes (which means half of us are already on the dole for things that all agree are legit government enterprises--free national defense and intel, infrastructure, regulation, courts, national parks, CDC, etc etc etc).
What we are watching is the implementation of the Left's strategy to legitimize class envy as an electoral force....get enough people on the government dole, and you can do anything you want to the top earners. They will be coming after lower-tier top earners next, as they deliberately add dependant "citizens" to the welfare rolls.
Top 1% pays 37% of all income taxes, top 5% pays 58%, top 10% pays 70%.....(per National Taxpayers Union)
At some point, we HAVE to start analyzing what constitutes a "fair share" with all the facts included in the debate.....Is "fair" totally dependant on the fact that some have more money? Is it fair to have some paying +50% of their income to Fed/State/Municipalities, while others pay zilch? The obvious answer--IMO--is "no". Which is why the Left works so hard to demonize high earners and delegitimize their success.
"You're only young once, but you can always be immature."
excabuckeye
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excabuckeye said...
Which is why it should be mandatory for anyone who wants unemployment benefits, food stamps or welfare to work a minimum of 20 hours/week in some form of public service capacity for the right to those benefits. Pick up trash or work in a halfway house - anything to create some ownership, and I'm sure our broke local governments could find something for them to do. And while we're at it what's wrong with mandatory drug testing? I'm not against benefits for people that need and deserve them, but there needs to be some minimum standards so people can't game the system. For the life of me I can not understand why something this simple couldn't become part of our policy. Pay to play so there's some skin in the game and no free lunch. Let the retorts from liberals begin.
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excabuckeye said...
Which is why it should be mandatory for anyone who wants unemployment benefits, food stamps or welfare to work a minimum of 20 hours/week in some form of public service capacity for the right to those benefits. Pick up trash or work in a halfway house - anything to create some ownership, and I'm sure our broke local governments could find something for them to do. And while we're at it what's wrong with mandatory drug testing? I'm not against benefits for people that need and deserve them, but there needs to be some minimum standards so people can't game the system. For the life of me I can not understand why something this simple couldn't become part of our policy. Pay to play so there's some skin in the game and no free lunch. Let the retorts from liberals begin.
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AlphaBuckeye06
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Buckrock said...
BW, Republicans have never exactly embraced the idea of a Balanced budget. Reagan, H.W and W weren't exactly deficit cutting Hawks. It was all apart of their strategy to drive up the deficit and force cuts on entitlements or In their words "the welfare society". Fact of the matter is the vast majority of Americans like Social Security, Medicare and Medicaid. Clinton a Democrat is the only President in my lifetime with a budget surplus.
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pazbuc said...
Sure the "vast majority of Americans like Social Security, Medicare and Medicaid" but the same vast majority don't want to pay the price to keep them solvent. The chickens will come home to roost someday and the longer we put off the pain to fix them the tougher the medicine will be to swallow.
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AlphaBuckeye06 said...
How about you shut the fuck up if you don't add anything?
Anyways BW,
I think we need to raise taxes up to 44% on those making $400,000 or more. Next up, time to cut the military stuff. Hell I don't think we need a base in every dam country any more. We are paying something like 800 billion on military bases.
Then I think we we can close some loop holes and maybe legalize marijuana. Would reduce cost of enforcement and increase tax revenues.
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Buckrock said...
Pazbuc, Americans can't have it both ways and thus the problem. I agree, there needs to be entitlement reform.
That said, I just cant get my head around why the GOP has been dicking around with no tax increases like it's a sacred covenant. We need both!! Cuts in Government spending and higher taxes on upper income citizens. Isnt it an income tax?
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sryan2 said...
Good to see Dave conclude his year on the same note even after his candidate's "victory"... Bitter, angry, and resentful. Sadly 2013 will bring more of the same for you. No amount of tax increase and corresponding "redistribution of wealth" will ever satisfy your perceived persecution It must really torque you that taxes are only going to get raised on families making more than $450K and individuals earning >$400K (So much retribution lost... A pity).
You are truly a victim, but not because other people have made you such... You are one because you feel sorry for yourself and take no accountability for your own decisions, actions, and position in life. You hide behind race and do more to spread hatred and divisiveness than the significant majority of those you attack and blame for your problems. People such as yourself solve nothing, produce little but more obligation and liability for others, and generally make our country a weaker nation. That's okay though as long as you do so in a "progressive" way.
Keep blaming those dreaded "cons" for just not spending enough money we don't have to fund your leftist grand designs. Wallow in the ignorance that increasing taxes could remotely pay for what is already in place let alone what you wish to expand. Meanwhile, those of us paying your ticket will continue to do so while you lament why there isn't more. The fallacy of your arguments will be exposed with our debts and deficits continuing to grow at unsustainable levels without the significant budget cuts which must occur for any legitimate and meaningful reform.
Happy New Year Dave... I have complete faith you will keep rallying people to the conservative cause in 2013.
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sryan2 said...
Good to see Dave conclude his year on the same note even after his candidate's "victory"... Bitter, angry, and resentful. Sadly 2013 will bring more of the same for you. No amount of tax increase and corresponding "redistribution of wealth" will ever satisfy your perceived persecution It must really torque you that taxes are only going to get raised on families making more than $450K and individuals earning >$400K (So much retribution lost... A pity).
You are truly a victim, but not because other people have made you such... You are one because you feel sorry for yourself and take no accountability for your own decisions, actions, and position in life. You hide behind race and do more to spread hatred and divisiveness than the significant majority of those you attack and blame for your problems. People such as yourself solve nothing, produce little but more obligation and liability for others, and generally make our country a weaker nation. That's okay though as long as you do so in a "progressive" way.
Keep blaming those dreaded "cons" for just not spending enough money we don't have to fund your leftist grand designs. Wallow in the ignorance that increasing taxes could remotely pay for what is already in place let alone what you wish to expand. Meanwhile, those of us paying your ticket will continue to do so while you lament why there isn't more. The fallacy of your arguments will be exposed with our debts and deficits continuing to grow at unsustainable levels without the significant budget cuts which must occur for any legitimate and meaningful reform.
Happy New Year Dave... I have complete faith you will keep rallying people to the conservative cause in 2013.
Though often asked, God does not take sides in politics or college football.
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AtlantaBuck
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Tax Hikes