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How To Make Obama Budget Spending... [Pic]

Hits: 11278 | Rating: (1.8) | Category: News & Politics | Added by: fancylad
Page: 1 2 3 Next >   Jump to: Bottom    Last Post
madest
Male, 40-49, Eastern US
 6458 Posts
Wednesday, May 30, 2012 7:46:24 AM
Republican logic dictates that the amount received in taxes outweighs the percentage because republicans don't care to know math...

CreamK
Male, 40-49, Europe
 1054 Posts
Wednesday, May 30, 2012 7:16:26 AM
My 2 cents... Even if the amount raised is not significant, it's not a reason to not raise taxes. The reason really is to have equality and justice. Those super rich are a few, they certainly aren't job creators, on the contrary, they want fewer people on their payroll. Fewer employes, more profit. I still can't understand anyone who stands for inequality, they must be just evil people who think inside their head that poor and sick should be shot.

The way i see the current goverments all around the world are trying to give the biggest and richest the most freedom and take everything away from common people. It's reversed, the way isee it is that goverments should stop meddling with the individual freedoms and start protecting us from the huge multinational corporations who have so much power that they can do what ever they want.

Once the next too-big-to-fail cycle begins, we all are drated..

madest
Male, 40-49, Eastern US
 6458 Posts
Wednesday, May 30, 2012 5:14:41 AM
We won't get out of debt by continuous war, tax breaks for rich people and subsidies for fortune 500 companies. I wasn't solely concentrating on the Buffet rule. Don't worry, your taxes won't change.

EmagehtmaI
Male, 18-29, Eastern US
 187 Posts
Wednesday, May 30, 2012 4:45:11 AM
Again, the only way we will ever get out of the huge amount of debt we are in is by cutting spending. Raising taxes is just an issue used to divide people, because the truth is even if we DOUBLED the income tax rates (for everyone) the government wouldn't say "hey, I just doubled my income, let's keep living like were were and use the excess income to pay some debt off." No, they would say "I just doubled my income, I'm going to double my spending." And within a year or two, you'd have people wanting to raise taxes yet again, because the government would be spending even MORE money. That's how our government works. Raising taxes isn't the answer. Cutting spending is.

EmagehtmaI
Male, 18-29, Eastern US
 187 Posts
Wednesday, May 30, 2012 4:38:49 AM
If so, it's irrelevant. Just something the Obama administration uses to stir up class warfare. I hate to sound like an idiot like Rush Limbaugh, but it's true. According to figures released by our own government, the buffet rule would apply to 1% of the 1%, resulting in an increase in tax revenue of (if my memory serves correctly) somewhere around 60 billion. Or, put another way, one day of government spending.

Tax breaks for the wealthy? Sure, they get some. But remember, the top 30% of income earners in this nation pay 60% of the income taxes, compared to the bottom 50% pay none at all.

I agree it's a good thing to end the wars in the middle east. But the simple matter is that government spending is out of control. I agree Bush was a big part of that. I don't think anyone can deny that. But Obama is worse.

EmagehtmaI
Male, 18-29, Eastern US
 187 Posts
Wednesday, May 30, 2012 4:20:47 AM
Madest: you're talking about the buffet rule, correct? People lime warren buffet who earn their incomes exclusively through capital gains?

madest
Male, 40-49, Eastern US
 6458 Posts
Wednesday, May 30, 2012 3:39:27 AM
EmagehtmaI, We got enough money for endless wars. We got enough money to subsidize fortune 500 corporations. We got enough money for tax breaks for the wealthy. In fact we have enough money to rescue the worlds economy on the heels of wall street stealing everyone's retirement and homes but grandmas social security check is too expensive?
Democrats are talking about raising taxes on the wealthy to levels comparable to when Clinton was in office. Just a mere 3% on those earning over a million. Many of those people including Romney, don't work. They earn their income with their money and for doing so are given tax breaks. This nonsense needs to end. Exxon can afford Exxon. Romney can afford Romney. They don't need my grandmas SS check or CJ's disability check to stay afloat. Romney wants more military spending, more war and an end to grandmas check so she can live on the street in her final days because she costs too much...

EmagehtmaI
Male, 18-29, Eastern US
 187 Posts
Tuesday, May 29, 2012 6:44:46 PM
I honestly cannot believe some people still think raising taxes is the way out of this mess. (After all, it's worked so wellfir Europe, right?)

The government has to trim the fat. That's the only way. If the US government was a person and was spending the way he currently is, I think someone would have taken his checkbook away by now.

You don't get out of debt by spending more. You don't even get out of debt by raising income, because the government spends money like a redneck who just won the lottery (every financial expert in the world will agree that if you pay off every single debt of someone who doesn't know how to handle money, they'll be back in poor financial shape in no time).. You get out of debt by tightening your belt, making sacrifices, and spending the money you do have wisely.

Cajun247
Male, 18-29, Southern US
 10238 Posts
Tuesday, May 29, 2012 6:00:42 PM
You cannot rationalize us NOT going after his ass.


I CAN rationalize against sending ENTIRE CORPS into the region.

OutWest
Male, 50-59, Western US
 548 Posts
Tuesday, May 29, 2012 5:11:43 PM
ever see that iphone animation, click here where facts about another phone is met with "I don't care".... that's what I expect to read after seeing this. Sub BO for iphone, and you are there!

auburnjunky
Male, 30-39, Southern US
 10065 Posts
Tuesday, May 29, 2012 3:17:42 PM
Here you go Madest.

I'm pretty sure you won't respond, since I owned you, again.....

auburnjunky
Male, 30-39, Southern US
 10065 Posts
Tuesday, May 29, 2012 3:15:28 PM
Tax-Men in Black: Higher Taxes are Bad For Will Smith and the Poor

Sorry. It's a proposed tax by the new president.

Quik2TheStab
Male, 18-29, Eastern US
 665 Posts
Tuesday, May 29, 2012 2:56:57 PM
Since when is government spending the source of all problems?

TKD_Master
Male, 18-29, Midwest US
 4827 Posts
Tuesday, May 29, 2012 2:52:46 PM
nope, don't care.

Hellsh
Male, 30-39, Europe
 86 Posts
Tuesday, May 29, 2012 1:10:52 PM
@auburnjunky, did you pull the 75% out of your arse or did you throw dice to come up with it?

French income taxes

I-IS-BORED
Male, 18-29, Canada
 2432 Posts
Tuesday, May 29, 2012 12:59:15 PM
Catx the lack of reinvestment would be the reason for raising the taxes on the rich so the government can force reinvesting it into job opportunities. As is, the massive bonuses they give themselves become stagnant liquid assets that aren't generating more revenue and depreciate the value of the entire system due to inflation.

markust123
Male, 40-49, Western US
 3784 Posts
Tuesday, May 29, 2012 12:58:44 PM
No matter how you spin it more people going into the polls blame Bush for the mess we are in.

drworm2002
Male, 30-39, Western US
 574 Posts
Tuesday, May 29, 2012 12:46:01 PM
@auburnjunky no we dont!! They go overseas because they can pay people $.50 a hour for labor...they make more profit.

Catx
Male, 18-29, Midwest US
 189 Posts
Tuesday, May 29, 2012 12:26:27 PM
What people aren't considering is that not enough profit from American industry is being recycled into the businesses that make the money and jobs. If the business men that run the industry don't reinvest more of their own profits into American industry the nations economic value falls. Money reinvested into the industries creates more and better products which creates more American jobs which puts more money into the hands of American consumers to be spent on American products. It is the cycle of business. The answers will not be found in taxing the rich or the poor. To keep our economy from failing we need to FORCE big business men into revitalizing industry. Then instead of selling jobs to other countries, we can sell products.

llaa
Male, 30-39, Western US
 1054 Posts
Tuesday, May 29, 2012 12:15:41 PM
Lovely

It fails to list the $7 trillion blank check the puppet-boy Geitner convinced the Bush administration to allow the Fed to write in order to get the banks to lend money again.

Obama came into office with the understanding that the Banks Robbed Everyone. I'm surprised we got this far unscathed... (I say that injest)...

This all can't be blamed on one individual country or ruler... The Banks ROBBED EVERYONE.

I do like Iceland though, at least they forgave all mortage debts in their country...

madest
Male, 40-49, Eastern US
 6458 Posts
Tuesday, May 29, 2012 12:04:54 PM
We already have some of the highest corporate taxes in the world as it stands.
----------
Another "economist" that's never traveled outside his trailer park. You get your tax info from SIMs too?

auburnjunky
Male, 30-39, Southern US
 10065 Posts
Tuesday, May 29, 2012 11:45:54 AM
We already have some of the highest corporate taxes in the world as it stands. That's why businesses go overseas to manufacture. Why raise them?

As far as personal taxes go. Ours are middle of the road. The highest would be France. They tax people who make over 100k @ 75%. They are doing very well because of it aren't they? lol.

tedgp
Male, 30-39, Europe
 3283 Posts
Tuesday, May 29, 2012 11:33:59 AM
Obama only has a huge deficit now because of the recent Recession ( that was caused by American Bankers and was authorised under bush), and the snowball effect of the despondant economy. It's the same in pretty much every economy around the world right now.

The ONLY ways you can revive the economy now is to increase taxes ( which the US NEEDS to do to be viable), or to stop spending, which would effectively turn the states into a third world country.

So you see, theres no real way out of it. The smart people, including leading economists saw this coming for a long time, and said that taxes needed to be raised.

But guess who shot the tax rise idea down, every single time? Thats right. Republicans.

auburnjunky
Male, 30-39, Southern US
 10065 Posts
Tuesday, May 29, 2012 11:26:51 AM
(Keep in mind, I'm not a fan of Bush)

Bush's maximum deficit = 8 trillion.

Obama's maximum deficit = 16+ trillion.

How is Bush's deficit a record deficit?

tedgp
Male, 30-39, Europe
 3283 Posts
Tuesday, May 29, 2012 11:17:15 AM
You say it was the CIA's fault. Really?

Who was the person who gave the executive order to invade a foreign country and start a major war.

Who was the person who was meant to make sure that ALL documents were suppossed to have been vetted properly and ensure it had been done so, before dragging their country into a war. Before sacrificing his own economy. Before killing thousands of people.

But regardless of what i say here, or what actually happened, you will believe whatever you want to believe, and thats fine.

Just dont run around spreading rumour and conjecture as concrete fact when history, and what actually happened says different.

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