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Surprise move on tax cuts by Obama

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Old 12-08-2010, 05:09 PM   #11
firstdown
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Re: Surprise move on tax cuts by Obama

Quote:
Originally Posted by saden1 View Post
Cut the fcking crap, we both know they're not going to make a dent on the budget or the deficit anytime soon with any of their proposals. You can bet your ass the debt ceiling will be raised again to pay this pile of shit.



It worked wonders the last ten years, no reason to believe it won't work in the next ten years. Let's not forget taxes were higher during the Clinton era, no reason to believe we would be worse off if we raised taxes on those making over 250K. If you don't own a boat, well, tough shit...buy a swimming board.



Revenue vs expenditure...5% increase low earners aren't going get you any revenue. Higher corporate tax rates and estate taxes will though but of course we can't touch those rates because they create jobs.



Punt! :vomit:
Federal spending was also held in check durn the Clinton years also.
Federal Spending per Household Is Skyrocketing

Also federal income has risen over the years so whats your point?
Federal Revenue, Taxes and Tax Rates: Government Revenue and Tax Trends Charts

We don't have a tax problem we have a spending problem. Both parties have had this spending problem so I'm not blaming either party. Everyone hated Newt. G. but he was the last person in charge that actually did what he said and kept spending down which allowed Clinton to have a balance budget. I don't have problem paying my fair share in taxes when they clean up the waist.
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