Monday, October 21, 2013 12:39:51 AM
@CrakrJak, When you say $17 trillion, I assume you're talking about this report created by the Republican Budget Committee that has ZERO references which allows anyone to double-check their math or assumptions? What is this number based off of??? Since there`s no source, they might as well have fabricated this number from the ether.
@OldOllie, you`re correct that increased tax rates do not equal increased tax revenues. Mainly because businesses will either (1) move overseas or (2) reduce income to move to a lower tax bracket, increasing their revenue. If you read the ACA, you`d realize that (1) most of the entities that are taxed CAN`T move overseas, and (2) most of the entities that are taxed would reduce their revenue if they reduced their income, even if they moved to a lower tax bracket. Those factors were taken into account.
Sunday, October 20, 2013 11:28:53 PM
bliznik, increased tax rates do not equal increased tax revenues. That's been proven time and time again, but if you haven`t figured that out by now, I doubt that anything I can say would convince you.
That`s the problem with liberals. You believe a whole lot of things that simply are not true.
Sunday, October 20, 2013 11:16:08 PM
Ollie: Actually the unfunded liability of Obamacare is calculated at $17 Trillion. That figure comes from the Budget Committee analysis of both the CBO and Obama administration's own numbers.
The first ten years will cost $13 Trillion, that`s almost twice what Social Security costs.
"What a pooty way to think the country should be run. Like a toddler: if I don`t like it, waaaaaaaaahhhhhh!"
Obama and Harry Reid are the one`s that cried like spoiled children when the House passed budgets they didn`t like. It`s congress`s legal responsibility to balance the budget, that can`t be done with Obamacare.
Sunday, October 20, 2013 4:53:18 AM
There's OldOllie, trotting out the same old lies. Pure and simple lies. And the irony is that even in lying, you can`t get past the hypocrisy of it being okay to burn money on things the Republicans like, but be totally against it for the things Dems do. What a pooty way to think the country should be run. Like a toddler: if I don`t like it, waaaaaaaaahhhhhh!