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Bill Clinton Explains Romney's $5 Trillion Tax Cut

Hits: 6748 | Rating: (2.7) | Category: News & Politics | Added by: whodat6484
Page: 1 2 3 Next >   Jump to: Bottom    Last Post
madest
Male, 40-49, Eastern US
 6455 Posts
Tuesday, October 30, 2012 1:24:56 PM
Let's attempt to understand republican angst. Republicans who were unable to thwart a terrorist attack on American soil they were pre-warned about, that killed 3,000 people, 11 years ago are now upset because Obama didn't save 4 people in a consulate 1/2 way around the world? Yeah that's republican logic. Before stealing talking points from Fox you should think about them first. I wish you had a brain you could call your own.

VirtualParty
Male, 18-29, Eastern US
 794 Posts
Sunday, October 28, 2012 10:24:10 PM
Ollie he doesn't care about what Paul and Obama agree on. Someone who supports Paul knows that he'll do things DIFFERENT than Obama/Romney.

Not all black and white.
Not all things fit into your narrow purview.

CrakrJak
Male, 40-49, Midwest US
 16145 Posts
Sunday, October 28, 2012 12:27:13 AM
madest: The polls show differently. Within the last week Obama's job approval has dropped 7 points and is below 49%. The bungling of the Benghazi attack and the e-mails showing he knew within hours it was terrorists and not protestors, makes him look very bad.

OldOllie
Male, 60-69, Midwest US
 11741 Posts
Saturday, October 27, 2012 10:56:33 PM
If Ron Paul was the republican nominee I would vote republican next month...I just don't understand how you can feel those leanings lie more closely with Romney.

Romney and Paul agree on about half the important issues, e.g., reducing spending, reducing tax rates, reducing regulations, expanding federalism, appointing strict constructionist judges, and overturning Roe v Wade. Can you name one single SIGNIFICANT issue on which Paul and Obama agree?

OldOllie
Male, 60-69, Midwest US
 11741 Posts
Saturday, October 27, 2012 10:47:32 PM
...he said he wanted to give the wealthy a $4.8 trillion tax cut.

Wrong, but thank for playing the Fail Game once again.

OldOllie
Male, 60-69, Midwest US
 11741 Posts
Saturday, October 27, 2012 10:45:40 PM
@chalket Shouldn't you at least know the meaning of words before you use them. You obviously have no idea what a neocon actually is. You just use it as a generic insult for people you disagree with, but believe it or not, it has a specific definition which is not in any way, shape, or form consistent with your usage of it.

You obviously have Internet service. Why don't you just Google "neoconservatism" and learn what it actually means before you put your glaring ignorance on display again?

madest
Male, 40-49, Eastern US
 6455 Posts
Saturday, October 27, 2012 6:52:05 PM
madest: Your usual delusional has jumped the shark if you really believe Romney is giving out a $5 trillion tax cut (or anything even close to that).
------------
You have a reading comprehension problem but be that as it may, Romney will never be in a position to give anyone a tax break because he'll never be president.

Cajun247
Male, 18-29, Southern US
 10116 Posts
Saturday, October 27, 2012 3:49:43 PM
Simply put I find it odd you seem to be making a case for Obama. *I* am simply making a case AGAINST him.

NOT a case FOR Romney OR Republicans.

Cajun247
Male, 18-29, Southern US
 10116 Posts
Saturday, October 27, 2012 3:38:38 PM

I just don't understand how you can feel those leanings lie m,ore closely with Romney.



Likewise I can the same thing between you and Obama.

HolyGod
Male, 30-39, Western US
 4469 Posts
Saturday, October 27, 2012 2:12:36 PM
Cajun247

It just seems like you are consistently on the side of Crakr, 5Cats, and OldOllie when we have these little debates, which surprises me because you seem to have rational ideals and common sense.

If Ron Paul was the republican nominee I would vote republican next month. If Gary Johnson had a legitimate shot I would consider him. I would have voted for Perot in 92.

So I believe you and I have similar leanings. I just don't understand how you can feel those leanings lie m,ore closely with Romney.

Cajun247
Male, 18-29, Southern US
 10116 Posts
Saturday, October 27, 2012 1:46:31 PM
HG: I don't think Romney would make a good president either. I should point out you're talking to a former Obama supporter here. I'm simply questioning the notion that somehow higher taxes and Democrats are good for the economy.

HolyGod
Male, 30-39, Western US
 4469 Posts
Saturday, October 27, 2012 1:22:48 PM
Cajun247

Let me ask you a question. If Romney is elected and he raises government spending and raising the debt despite all his promises, just like all other Republicans before him, in 4 years will you still be defending republicans as representing your libertarian ideals?

Cajun247
Male, 18-29, Southern US
 10116 Posts
Saturday, October 27, 2012 1:09:36 PM
No TPC's claim relies on the way things are currently.


People doing what they can to avoid paying taxes is NOT an assumption. That's especially true considering that growth has stagnated, and labor participation is down.

HolyGod
Male, 30-39, Western US
 4469 Posts
Saturday, October 27, 2012 1:04:28 PM
CrakrJak

"HG: There you go again, blaming Bush. You just can't help yourself from blaming Bush for everything can you?"

Look at any chart. Obama took over midway through absolute economic free fall. It took 4 years to stabilize things and start seeing tangible signs of improvement.

If there is a captain of a ship and he crashes into an iceberg, then half way through the ship's sinking he jumps overboard and the first mate takes over, do you blame the first mate if the ship sinks a little bit more?

CrakrJak
Male, 40-49, Midwest US
 16145 Posts
Saturday, October 27, 2012 12:41:16 PM
HG: There you go again, blaming Bush. You just can't help yourself from blaming Bush for everything can you?

HolyGod
Male, 30-39, Western US
 4469 Posts
Saturday, October 27, 2012 12:36:15 PM
CrakrJak

"TPC's claim relies on certain assumptions, most importantly that cutting tax rates will result in zero additional growth"

No TPC's claim relies on the way things are currently. That is not an assumption. You and Romney make assumptions that growth goes up. What if it becomes stagnate or goes down? Bush's tax cuts might have been a good idea if growth went up. However he cut revenue and then the economy tanked which led to the record setting deficits and debt that he handed off to Obama.

CrakrJak
Male, 40-49, Midwest US
 16145 Posts
Saturday, October 27, 2012 12:31:03 PM
HG: TPC's claim relies on certain assumptions, most importantly that cutting tax rates will result in zero additional growth. However, if scored dynamically, "economic growth could fill $53 billion of that $86 billion hole."

That still leaves a gap, but if Romney's plan were also to eliminate exemptions on state and local bonds and life insurance policies, that could raise an additional $45 billion. In other words, it is possible that Romney's plan could actually lower top rates and, by eliminating exemptions and prompting new growth, raise more revenue.

It's significant not just that the math can work but that the author of the study claiming it did not is now admitting, "Under those assumptions and policies it would be revenue neutral."

Cajun247
Male, 18-29, Southern US
 10116 Posts
Saturday, October 27, 2012 12:30:50 PM
[quote"> "They claimed that if he wanted to adequately fund that plan by eliminating deductions, the middle class would pay about $86 billion more in annual taxes."[/quote">

TPC's "nonpartisan" $5 trillion blunder

HolyGod
Male, 30-39, Western US
 4469 Posts
Saturday, October 27, 2012 11:21:22 AM
CrakrJak and AuburnJunky

"The Tax Policy Center looked at the cuts Romney proposed. Their main conclusion was a reduction in 2015 tax revenue by $456 billion, or about $5 trillion over ten years."

"They claimed that if he wanted to adequately fund that plan by eliminating deductions, the middle class would pay about $86 billion more in annual taxes."

CrakrJak
Male, 40-49, Midwest US
 16145 Posts
Saturday, October 27, 2012 8:32:01 AM
You're are correct AJ, one thing though. Some people seem to believe all of that $5 trillion spending cut is going to be happen in the first year, which is not his plan. He wants to spread the cuts out over 4-5 years.

auburnjunky
Male, 30-39, Southern US
 9570 Posts
Saturday, October 27, 2012 7:51:24 AM
Madest:

He said he wanted to CUT SPENDING by $5 trillion.

CrakrJak
Male, 40-49, Midwest US
 16145 Posts
Saturday, October 27, 2012 7:35:16 AM
madest: Your usual delusional has jumped the shark if you really believe Romney is giving out a $5 trillion tax cut (or anything even close to that).

madest
Male, 40-49, Eastern US
 6455 Posts
Saturday, October 27, 2012 5:58:23 AM
Romney has NEVER said he wanted to cut tax revenues by $5 trillion.
------------
You're right he said he wanted to give the wealthy a $4.8 trillion tax cut. Experts surmised that he would need to raise revenue on the middle class. Must be difficult to be a self proclaimed genius when you deny facts.

chalket
Male, 50-59, Southern US
 2392 Posts
Saturday, October 27, 2012 1:52:08 AM
Ollie, Crakr, etal... I am truly amazed at the fantasy world you neo-cons have created for yourselves. There is absolutely no resemblance to fact or truth or real life. Sheesh, no wonder you can't get past your blind partisanship, you just remold the data to fit your fantasy. I give up on you all.

auburnjunky
Male, 30-39, Southern US
 9570 Posts
Saturday, October 27, 2012 1:04:12 AM
Read up on the recent happenings on Libya.

There was a drone circling during the attack. Obama and Hilary were in the situation room.

They watched the Ambassador die, then went on a "It was not a terrorist attack" tour.

He knew. He knew. They lied.

We only know, what we need to know.

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