‘Class Warfare’: GOP Slams Proposed Obama Millionaire Tax Rate
- Posted on September 18, 2011 at 11:59am by
Madeleine Morgenstern
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Rep. Paul Ryan (R-Wis.), flanked by House Speaker John Boehner (R-Ohio). (AP File Photo)
Top Republicans came out forcefully against President Barack Obama’s proposed “Buffett Rule” millionaire tax rate Sunday, calling it “class warfare” and welcoming billionaire Warren Buffett to “send in a check” if he’s feeling guilty about his tax rate.
Rep. Paul Ryan (R-Wis.), the chair of the House Budget Committee and author of the GOP budget, said Obama’s plan would add “further instability to our system more uncertainty and it punishes job creation and those people who create jobs.”
“Class warfare may make for really good politics but it makes for rotten economics,“ Ryan said on ”Fox News Sunday.”
Ryan said Obama’s proposal, which would tax those who make more than $1 million at the same rate as middle-income earners, will undermine economic growth.
“If you tax something more, you get less of it,” Ryan said. ”If you tax job creators more, you get less job creation. If you tax their investment more, you get less investment.”
Senate Minority Leader Mitch McConnell (R-Ky.) was similarly dismissive of the idea on NBC’s “Meet the Press,” expressing concerns that it would stifle the economy.
“[Raising the tax rate] is a bad thing to do in the middle of an economic downturn, and of course the economy some would argue is even worse now than it was when the president signed an extension of the current tax rates back in December,” McConnell said.
He noted that a similar effort to raise taxes on the wealthy failed a few years ago when Democrats were in control of both houses of Congress.
“With regard to his tax rate, if he’s feeling guilty about it I think he should send in a check,” McConnell said of Buffett. “But we don’t want to stagnate this economy by raising taxes.”
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Comments (283)
Cynic-clinic
Posted on September 18, 2011 at 1:15pmIf one person sends $2 million dollars to the treasury and someome else sends $200 dollars to the treasury, which one is paying their fair share??
Please note that the revenue raised by taxes to operate this country is counted in DOLLARS, not in tax rates.
Attempts to wound the conscience of wealth creators never built a factory or designed an i-phone.
Report Post »MONICNE
Posted on September 18, 2011 at 1:53pmAs a patriot, I believe in Fight As You Go! Put your taxes where your warfighters are.
As long as we pay for the Military and for fighting wars without borrowing from China, I think we can increase spending as much as America is willing to pay for.
If we had paid for the past 7 years by NOT cutting Taxes after we initiated the Iraq campaign, the debt would be $2 trillion less and we would be paying 16 cents, not 44 cents on a borrowed dollar.
Glenn Beck is a Job Creator that has not waited for better taxes. He creates jobs No Matter What cause he is a Man.
Report Post »TEA
hidden_lion
Posted on September 18, 2011 at 2:01pmThe fact is if the Government were to confiscate all the dollars of every person in the US and then divide it equally among all the citizens, some people would still end up richer using the money wisely and some people would end poorer by squandering it. I would bet the same people who are rich now would end up rich again because they would use their talent and drive to make money. The poor would stay poor because they lack both talent and drive.
Report Post »sumguyinohio
Posted on September 18, 2011 at 2:21pmWhen we raise the tax on these richest people they raise the price of merchandise and services to make up the difference. So the raise affects us not the richest people. Amazing we are still talking about this.
Report Post »PubliusPencilman
Posted on September 18, 2011 at 2:53pm“When we raise the tax on these richest people they raise the price of merchandise and services to make up the difference.”
How incredibly stupid. You really have no clue how the economy works, do you? Do you actually think that if the CEO of Microsoft has to pay a few more percent in taxes that he’d raise the cost of Windows? This is dumb for a number of reasons.
First, CEOs and other superrich folks don’t typically price their products according to how much their personal income is, particularly since other people probably make those pricing decisions for them based on benefits to the company, not to their own pockets.
Second, the superrich don’t actually just pocket the profit margin from the products they sell as if they were running a corner lemonade stand–most work for board of directors/corporations/etc. and receive salaries and performance-based bonuses.
Third, they make most of their money from stock and bonuses, which are typically tied to profits. The people who determine product pricing have probably already decided the optimal price point from a profit perspective, so any attempt to arbitrarily raise that price is more likely to make profits decline than increase.
Stop dumbing down complex issues to the point where they have no basis in reality.
Report Post »SavingtheRepublic.com
Posted on September 18, 2011 at 2:54pm~^~v~~^~~v~^~
Report Post »Fair int the right way to go, why should I a successful person be penalized for having a great idea by being req’d to pay more?! Time to wipe out the tax code and reign in a flat tax NOT a fair tax. I think when Glenn had Art Laffer on last year he proposed 11% rate for everyone. Bill Oreilly has been talking about this too along with a national sales tax. What Emperor Obama is suggesting is attacking the rich it is class warfare. If i earn a million I pay taxes on it. I then invest that money and have to pay taxes again on that money when I pull it out of my investment… its double taxation. I know how some of you will react to this, I know what you will say, capital gains. But you see Emperor Obama sees it differently and is why he attacks the rich. The majority of them get their income from investments now not their business. Those he considers rich are completely different and still working. He is playing word games, and again class warfare b/c he knows thats all he has to do to rally the zombie army to his side. Its why when he talks about his jobs bill he beats that “pass it now” in while lightly touching on the good of the bill leaving out the bad side. What can we expect though from a child who has never held a real job, started a business, run a business! Watch the ending of “Big” when Hanks adult/child character must present his great idea to his company, that IS Emperor Barry!
http://SavingtheRepublic.com
encinom
Posted on September 18, 2011 at 3:05pmThe GOP only supports tax cuts, if their rich donors benefit. The middle class tax cut wasn’t going to benefit the Koch brothers and other rich GOP donors.
Report Post »MONICNE
Posted on September 18, 2011 at 3:14pmPay your Bills, America.
The Taxed Enough Already party want less interest – so let’s act like a family and pay our bills.
In the future, pay as you go. For the past, Pay Up!
TEA
Report Post »chazman
Posted on September 18, 2011 at 3:22pm… cut government spending. Reduce the size of government. DOWNSIZE THE GOVERNMENT OF THE UNITED STATES OF AMERICA!!! WHAT PART OF THAT DO POLITICIANS, AND OBAMMY, NOT UNDERSTAND? THE AMERICAN PEOPLE ARE TELLING YOU WHAT TO DO, NOW DO IT!!! DO IT OR GET OUT!!!! I get angrier as each day goes by thinkin’ about this phucked up mess these POLITICIANS have gotten us into!!!!
Report Post »IntransigentMind
Posted on September 18, 2011 at 3:49pmHere’s a clue:
Report Post »http://markamerica.com/2011/09/18/who-else-will-do-it/
RightPolitically
Posted on September 18, 2011 at 3:55pmYours is a great point. It’s dollar amount and not percentage that counts toward running the country. Those who pay “zero” dollar amount in income taxes and in percentage, have no stake in this game. Everyone should pay 10% across the board, no deductions, no loop-holes and government needs to learn to LIVE ON THAT!
Report Post »TPartyXpress
Posted on September 18, 2011 at 4:05pm@ PubliusPencilman – We don’t have to dumb YOU down. You’re already 100% there.
Report Post »Therightsofbilly
Posted on September 18, 2011 at 4:20pmPubliuspencilman can’t help himself.
The left is nothing but one big “collective” moron.
Report Post »PubliusPencilman
Posted on September 18, 2011 at 5:08pmThat‘s all you’ve got? Lame and childish insults? I like winning an argument as much as the next guy, but it’s much less satisfying when you just capitulate like that.
Report Post »Exrepublisheep
Posted on September 18, 2011 at 5:12pm@Publiuspencilman See what happens when you come here to make sense? There was more money, more jobs, and less military deaths by far when Clinton (gasp) was in charge. The big problem was a lie about sex. Probably many lies about sex. Then a repube took over and blew away the budget surplus, sent us to war, and and told the rich it was O.K. to send jobs overseas because what the heck, they need more money. Trickle down is a joke. Oil companies make the most money and they STILL outsource whenever possible.
Report Post »Therightsofbilly
Posted on September 18, 2011 at 5:22pmIf this is supposedly all about “fairness”, why not lower the tax rate of Buffet’s secretary, so that they both end up paying the same?
Sounds fair to me.
Report Post »The10thAmendment
Posted on September 18, 2011 at 5:31pm@ sumguyinohio
Posted on September 18, 2011 at 2:21pm
When we raise the tax on these richest people they raise the price of merchandise and services to make up the difference. So the raise affects us not the richest people. Amazing we are still talking about this.
Report Post »———————————————————————————————————————————————–
Homerun post of the day. Well done! By forcing the job creators to pay higher taxes, it will necessary create inflation, which is something that harms every person in the Country and create a further crisis in an already sagging consumer confidence. The misery index will make the previous (and still present) recession look like a molehill.
ZeitgeistBuster
Posted on September 18, 2011 at 5:34pmSpecial language is used all the time in Bills to EXEMPT certain companies or individuals.
I suggest that the Republicans write Obama’s Millionaire Bill in such a way that it ONLY TARGETS Warren Buffett.
Shove this crap back down their throats.
Report Post »lillymckim
Posted on September 18, 2011 at 5:45pmRyan/Rubio 2012
Report Post »snidley-whiplash
Posted on September 18, 2011 at 5:55pmThe Communist Takeover Of America – 45 Declared Goals
You are about to read a list of 45 goals that found their way down the halls of our great Capitol back in 1963. As you read this, 39 years later, you should be shocked by the events that have played themselves out. I first ran across this list 3 years ago but was unable to attain a copy and it has bothered me ever since. Recently, Jeff Rense posted it on his site and I would like to thank him for doing so. http://www.rense.com
Communist Goals (1963) Congressional Record–Appendix, pp. A34-A35 January 10, 1963
Current Communist Goals EXTENSION OF REMARKS OF HON. A. S. HERLONG, JR. OF FLORIDA IN THE HOUSE OF REPRESENTATIVES Thursday, January 10, 1963 .
At Mrs. Nordman’s request, I include in the RECORD, under unanimous consent, the following “Current Communist Goals,“ which she identifies as an excerpt from ”The Naked Communist,” by Cleon Skousen:
Report Post »[From "The Naked Communist," by Cleon Skousen]
1. U.S. acceptance of coexistence as the only alternative to atomic war.
2. U.S. willingness to capitulate in preference to engaging in atomic war.
3. Develop the illusion that total disarmament [by] the United States would be a demonstration of moral strength.
4. Permit free trade between all nations regardless of Communist affiliation and regardless of whether or not items could be used for war.
5. Extension of long-term loans to..
READ THE REST AT http://www.rense.com/general32/
rangerp
Posted on September 18, 2011 at 6:17pm@PubliusPencilman
You are the one that does not get it. You can not spend your way out of debt. Each dollar given by the Government has to be taken from a citizen.
Where you around in the Carter days. Tax and spend about broke us. Reagan cut taxes and got off the back of the big business. Business flurished./
Big oil is good, it produced gas, fuel oil, deisel…. We the average American use these products. Until you can pull up and fill your car with rainbow power, we need big oil.
Punishing the hard working and rewarding the lazy never works. Why is Europe in such a mess? What broke the back of the soviet union. Socialim does not work, has never worked, and never will work.
Report Post »gramma b
Posted on September 18, 2011 at 6:27pmThis is nothing more than playing to Obama’s ignorant, covetous, nasty base. “Thou shalt not covet” is part of the Ten Commandments for a good reason.
Report Post »PubliusPencilman
Posted on September 18, 2011 at 6:45pmRanger,
Please, do a little research before youn spout these inaccurate talking points.
During Carter’s term, the national debt rose by 288 Billion, but because of growth, decline as a percentage of GDP by -11%
During Reagan’s FIRST term, the debt rose by 823 Billion, almost three times as much as during Carter’s term, and as a percentage of GDP it rose by 11.3%. Adding his second term, Reagan added 1.8 Trillion to the deficit (which is significantly more than the 1.4 Trillion Clinton added in his two terms, and during both of his terms debt declined as a percentage of GDP). Of course, both of these number are dwarfed by the Approx 6 Trillion that George W. Bush added in his two terms.
So, since 1977, Democrats (including Obama to date) have added roughly 3.3 Trillion to the deficit. The last three Republican presidents, however, have added 9.2 Trillion to the debt. So you tell me: whose policies are better for the deficit exactly?
http://en.wikipedia.org/wiki/National_debt_by_U.S._presidential_terms
Reagan slashed taxes early, but raised taxes several times to help close the budget deficit, cancelling out many of his earlier reductions.
http://money.cnn.com/2010/09/08/news/economy/reagan_years_taxes/index.htm
Therightsofbilly
Posted on September 18, 2011 at 7:20pm@Publius,
Why no reply to my comment about fairness?
Common sense baffles you doesn’t it?
Report Post »Right_on_the_Left_Coast
Posted on September 18, 2011 at 7:45pm@PubliusPencilMan
Take a chill pill. You obviously enjoy being “smarter” than everyone else. And being smart is good, but not when you’re a jerk about it. If I disagree with you, is it because I am stupid or don’t understand anything about the economy (just like you told sumguyinohio up above)? Or could it possibly be that I’ve done my own research, but don’t feel the need to write an essay in the comments section, demonstrating my superior intellect which I use to annihilate all dissenting opinion?
Come back when your level of character has grown to match your level of intelligence.
Report Post »rangerp
Posted on September 18, 2011 at 8:12pm@PubliusPencilman
Do you remember any gas lines during the eight years of Reagan?
How long did it take when Reagan was President, for Iran to release the hostages?
What president said “tear down this wall”? What president caused the tear down?
How did our military look during the Carter years? What was it like after 12 years of Reagan and Bush?
Economists will tell you, Reagan paved the way for the financial success we saw in the 90s.
I remember when Carter was in office, the country was a mess. if you are going to tell me things did not improve with Reagan, you are a fool. You post some hand picked stats, but we all know the truth. Our economy got better and thrived under Reagan. He spent, but he broke the back of the soviet union. He put them in a arms race that they could not win. In doing so, he built the Army that won the first Gulf War.
Carter was a one term president for a reason. Obama will be the same.
Report Post »PubliusPencilman
Posted on September 18, 2011 at 8:16pmFairness? That’s simple: those who benefit the most from our way of life should pay the largest share in maintaining it. In every functional civilization in history, higher class status and power have come with responsibilities towards the lower stata. Simple enough.
Report Post »rangerp
Posted on September 18, 2011 at 8:23pm@PubliusPencilneck
During the Reagan administration, the American economy went from a GDP growth of -0.3% in 1980 to 4.1% in 1988 (in constant 2005 dollars), which reduced the unemployment rate by 1.6%, from 7.1% in 1980 to 5.5% in 1988, but with peaks of around 10.8% in 1983.
A net job increase of about 21 million also occurred through mid-1990. Reagan’s administration is the only one not to have raised the minimum wage. The inflation rate, 13.5% in 1980, fell to 4.1% in 1988,
Personal income tax revenues declined from 9.4% GDP in 1981 to 8.3% GDP in 1989, while payroll tax revenues increased from 6.0% GDP to 6.7% GDP during the same period. This represented a more regressive tax regime, with more revenue derived from the flat payroll tax versus the progressive income tax.
the major tax bills enacted under Reagan, in the short term, increased total tax revenue and reduced the tax burden on the economy (~-1% of GDP). The Economic Recovery Tax Act of 1981 resulted in a reduced tax burden on the economy (~-3% of GDP) but a decrease in total tax revenues (the largest tax cuts ever enacted). while other tax bills had neutral or, in the case of the Tax Equity and Fiscal Responsibility Act of 1982, a (~+1% of GDP) increase in revenue as a share of GDP
See there Pencilneck, I can cut and paste also.
Report Post »rangerp
Posted on September 18, 2011 at 8:31pm@pubic pencil neck
The latest data show that a big portion of the federal income tax burden is shouldered by a small group of the very richest Americans. The wealthiest 1 percent of the population earn 19 percent of the income but pay 37 percent of the income tax. The top 10 percent pay 68 percent of the tab. Meanwhile, the bottom 50 percent—those below the median income level—now earn 13 percent of the income but pay just 3 percent of the taxes. These are proportions of the income tax alone and don’t include payroll taxes for Social Security and Medicare.
So how much is enough? What give Obama the right to make those who pay the most to pay even more. You argue that those making the most, should pay the most. They already do, and by a long shot. When is enough enough?
Report Post »Therightsofbilly
Posted on September 18, 2011 at 8:54pm@Publius
Are you insinuating that they only reap the benefits, and are not already paying the largest share?
You obviously have never worked in, or around government, or else you would be more concerned with eliminating waste, fraud, duplicity and other words that have not yet been created to describe the money pit that is Washington.
George would be ashamed of the city that bears his name.
Report Post »Ethereal
Posted on September 18, 2011 at 8:58pmTo those above who has said that they will raise the cost of merchendise as a result of raised taxes on the wealthy this is not true. What may happen is the businesses that will assess the need to hire more people as a result of business expansion may find that hiring more employees is not a good idea. The tax will amount to a penalty per dollar of profit beyond a set amount and this is not the way to promote capitalism so businesses will want to stay smaller with a smaller workforce because that workforce is the biggest expense to the company. The Obama administration has just played a hand that most people who dont follow issues very closely will say they relate to when they really dont undertsand and that is the “tax the rich” card. It’s easy to get a lot of people on your side when you start playing off the jelously of those who cannot go out and buy a boat or a new jet every year. Its a very old trick and I see it still works. When will the left learn that there will always be two kind sof people “the haves” and “the have nots.” The have nots are supposed to be motivated by the desire to better themselves, make the right decisions, and take risks to become the “haves.” Obama knows nothing about the founding principles of this country…he must go for the good of the republic.
Report Post »IntegrityFirst08
Posted on September 18, 2011 at 9:02pm@ Pencilneck – Its not that your economics are wrong man. They are probably right. UNAMERICAN, but would work to a point i guess. That point would be what MR Laffer called the laffer curve. Tax a person so much and their productivity would decline. Lets be honest you are talking about billionare CEO’s. Obama is talking about all rich people including the Small Buisness owner who pays his people who work for him before himself. TAX the HELL out of those people because they have benefitted the most from a free sociaty. Great idea. That would make me work harder.
See you liberals are all Know-it-all elietist intellectuals. Common sense tells us that when people see no benefit in working harder and creating more because it will be taken from them and given to someone else who didnt produce/earn it, they STOP PRODUCING. Which means no jobs.
The fact that you want to keep taking people money instead of cutting spending by an extreem amount is UNAMERICAN. We know what you are and we know you cant stop spending because you feel entitles to someone elses hard work.
So hit us with some statistics there intellectual god. Guarntee noone here cares cause its still unamerican.
Report Post »jzs
Posted on September 18, 2011 at 9:03pmTo talk about this topic you have to address a falsehood that Republicans promote as truth. And that is that tax cuts to the wealthiest promote growth and job creation. It doesn’t an never has. You may remember that Bush dramatically cut taxes (during a war, that’s a first). And the result? No economic growth, no job creation. So he cut taxes again. The result? No economic growth, no job creation. Not a blip. I challenge anyone to show any scholarly evidence that Bush’s tax cuts did anything but dramatically inflate the deficit (and no also, tax breaks don’t “pay for themselves”, another Republican fantasy idea.)
The idea that tax breaks for the rich increase job creation is nonsense on its face. Suppose you’re a business owner that has just the number of employees it needs to meet the demand for your product or service. You get a tax break. Do you go out and hire more employees, even though you have enough to meet the demand for your product? No, obviously, you don’t. You spend some of that extra money to politicians who gave you the tax break, but you don‘t hire extra people you don’t need. You only hire extra employees when people further down the “food chain” have money to say, buy your new TV. People like you and me.
Millionaires, or billionairs like Buffet, pay a lower tax rate than you on the money they make. If you think that’s fair, when many of us are struggling to make ends meet, then the right wing brainwashing is complete.
Report Post »IntegrityFirst08
Posted on September 18, 2011 at 9:13pm@ Ranger – Dude your points are good. All they do is throw Intellectual BS at anything they disagree with. The fact that all of it can be challenged makes it NOT fact but theory. This Theory happens to be one from Europe that is currently under Seige.
Keep the good fight, Keep America free.
There is no right to a job, no right to someones money, services or anything else that would infringe one someone elses liberties here. The OPPORTUNITY to make something for yourself is in this country, always will be.
Report Post »rangerp
Posted on September 18, 2011 at 9:17pm@JZS
You are wrong, jump right back up and read the stats I posted concerning when Reagan was in office.
Define enough? When will the rich pay enough taxes? the top few percent already knock down almost half the taxes? Who decides when they pay their fair share.
What about the bottom 40 percent that pay nothing? What about those that soak up tax money by being on the system? what about welfare queens, that have never paid a tax, and continue to soak us for thier lack of morality? SOme of these folks are third and fourth generation welfare receivers. is that fair?
I am a dumb old army dude, and not real smart on taxes, economy…. We are talking apples and oranges when you talk Buffet and his taxes though. There is capital gains taxes, and payroll taxes. He is not being up front on this whole tax deal. some one on here that is a smart tax person can explain much better than I.
While i am not real smart on economics (or anything else), you can not spend your way out of debt, and you can not punish the hard working, reward the lazy, and get ahead. capitalism works, socialism does not.
Report Post »IntegrityFirst08
Posted on September 18, 2011 at 9:20pmJZS – Refer to my comments above.
You liberals still want to take more of people money. How about you stop spending peoples money????? Does that fit into the brain?????
Report Post »rangerp
Posted on September 18, 2011 at 9:21pm@IntegrityFirst08
I am with you. I am no wiz with economics, but I know what does not work, and I remember well the days of Carter.
I think you have PublicStubbyPencilnecks number. He tries to dazzle and impress, but it is just the same old lie. Marx was so lazy, he let his own kid starve to death, while he sat around trying to find ways to soak the rich. These goobers are no better.
Report Post »jzs
Posted on September 18, 2011 at 9:56pmrangerp, just repost your facts, I’m not going to spend time to search for them. You know where they are. Hint: it’s cntr + c to copy and the cntr + v to paste.
But I’ll assume you are talking about Reagan raising taxes 11 times during his administration and, even so, tripling the deficit. Here’s the first thing I found:
http://www.cbsnews.com/8301-503544_162-20030729-503544.html
One thing you don’t seem to quite get is that Bush cut taxes, and neither the economy nor job creation increased. Then he cut them again and, predictably neither the economy nor job creation increased. Forget Reagan and his tripling of the national debt with his own version of the stimulus. Let‘s talk about Bush’s tax cuts and how they did not improve the economy or increase job hiring. Actually after seven years of those policies the US was thrown into the worst economy since the Great Depression. That’s what we are debating here.
If you want to triple the deficit with government spending, sure the economy will improve. That’s called “a stimulus.”
Report Post »Right_on_the_Left_Coast
Posted on September 18, 2011 at 9:56pm@JZS,
Tax cuts to the wealthy doesn’t lead to job growth, huh? Tell me, what do the wealthiest Americans do with their excess cash? Why, the thing that got them rich in the first place, of course — invest it. Either in their own business or in some other business or industry. So imagine all of the wealthiest Americans with extra cash left over because of tax cuts. When they invest that money, the businesses they invest in have greater capital to develop products, hire workers to produce those products, and market those products to create public demand. You end up with more jobs created and booming business.
Conversely, if we raise taxes on the wealthiest Americans, the result is fewer dollars being invested, less capital for American business, fewer jobs… and if it gets bad enough, fewer wealthy Americans living in the US so they can avoid our horrendous tax burden. Then who would pay for all our government programs?
Paul Ryan is right. If you raise taxes on something, you get less of it. Greater taxes on millionaires means fewer millionaires… not because we redistributed their wealth, but because the wealthy decided to leave and pay lower taxes somewhere else. Our government needs to be careful how much it leeches from the wealthy, or else what we’ll end up with is a country that has put a cap on prosperity and created more incentive for successful individuals and businesses to go elsewhere.
Report Post »Therightsofbilly
Posted on September 18, 2011 at 10:30pmHey JZS
Once again you fail to give due credit to Barney and the dems for their part in the “worst economy since the Great Depression”
Report Post »Edct
Posted on September 18, 2011 at 11:19pmWe don’t need more taxes, we simply need to get the socialist whore dims out of office and stop spending us into hell. When you can’t pay your bills you look for what you can cut, not go out and steal or get a third job….we have fools in Washington who are out of control and who think our bank accounts belong to them….slavery.
Report Post »Therightsofbilly
Posted on September 19, 2011 at 12:04am@Right_on_the_Left_Coast
Great post !!!!
I had much the same conversation with JZS last week, but you put it in to words far better than I did.
Report Post »copyCAT3
Posted on September 19, 2011 at 8:08amRanger and Integrity if I may…..
This country was founded on equal rights (God given only) for all. Life, Liberty and the Pursuit of Happiness (it probably should be property). If we keep this very simple, that means that the government CANNOT decide who has more of a right to their property. They aren’t allowed by the Constitution. This is exactly what the government is doing with the progressive tax system. Therefore, even arguing about whether raising taxes in a recession or lowering them or whatever is irrelevant if we don’t adhere to the basic rules set forth by the Constitution. For instance, even if it were absolutely proven that raising taxes on one group of people raised revenue 4 million percent it should matter! Equal access to one’s own earned property! It doesn’t matter about what is sound economics until this basic rule is understood. So the only way for the government to tax is some kind of a fair tax. In my opinion, i think maybe a flat sales tax where every item is taxed the exact same rate.
Report Post »jzs
Posted on September 19, 2011 at 8:33amRight_on_the_Left_Coast, maybe you didn’t read my post. Bush cut taxes =>no new jobs, no economic growth. So he cut them again and =>no new jobs, no economic growth. It doesn’t work. You are talking about an theory you have about why it should work. I’m telling you that cutting taxes, in the real world, as a historical fact, doesn’t increase jobs. Bush tried it twice. It didn’t work twice. The debt soared and the economy collapsed.
And you want to do it again? How many times does your theory need to fail before you give up on it?
Report Post »copyCAT3
Posted on September 19, 2011 at 9:07amCorrection……I meant it should NOT matter with respect to the 4 mil percent. And JZS please read my post. And if you want higher taxes YOU SEND IN MORE MONEY. Everything you said to prove your point looks at the Bush tax cuts. Do you have ANY other examples to prove your “never has helped” theory? Not like it matters anyway. It isn’t for the government to decide who gets to keep more of there own money. The exact same taxes should apply to every individual.
Report Post »Perspective
Posted on September 19, 2011 at 9:09amThe problem JZS is that you look at a tax break as causing a deficit when in reality it is letting people keep more of THEIR OWN MONEY. Tax breaks do not cause deficits. Deficits are caused by SPENDING MORE THAN YOU BRING IN. I suggest you go watch Felonious Munk’s little talk about the deficit. He lays it out in terms even someone such as you can understand.
http://www.theblaze.com/stories/this-is-comedian-felonious-munks-wild-anti-obama-rant/
Say what you want but the man speaks the truth.
Report Post »jujubeebee
Posted on September 19, 2011 at 9:33amThe best way to create jobs is to avert reaching the debt wall where all will suffer far more than anyone can imagine…….quit spending NOW, cut the deficit NOW, cut the waste and then get out of the way and hopefully those that you want to target to pick their pockets over and over can build something and create jobs. Obama either has no clue or wants to collapse the system.
Report Post »Nasado
Posted on September 19, 2011 at 9:34am@PubliusPencilman, and all in favor of the tax increases:
Report Post »Whether or not these increases will boost or harm the economy I can not say since I have placed my emphisis in other educational avenues. I will leave it to those who have studied the economy. One of the things that i get upset about is how often the Democratic party seems to call for the whole “fair share”. Despite the fact that the wealthy pay a far greater portion of their income dollar wise that a large part of the American population combined( have a little over 20% of the wealth but pay 40% of the taxes) they are constantly villianized by the said party. What I want to hear is the president thank the wealthy… those who create jobs, invest in buisnesses and cause the economy to florish. Yet, despite all the good that they do for this country, they are constantly treated as though the only reason they have money is because they must have stolen it from the poor therefore they need to give it back. Yes, there are some who have earned their wealth through morally objectable means but those are few and far between. I bet that if the president said “I thank the wealthy for all they do for this country and for all they contribute. Yet, despite all that they have sacrificed, and the fact they pay more than their fair share, we as a country would ask a little more of them.“ Something along those lines instead of ”the wealthy need to start paying their fair share.” See the difference?
Dismayed Veteran
Posted on September 19, 2011 at 12:49pmPUBLIUSPENCILMAN is correct. Product price in large corporations is determined by the market laws of supply and demand not income tax. Taxes that affect pricing are business taxes which are a cost of doing business. The cost of these taxes are either rolled in to price or cost is reduced. Typical cost reductions are materials and labor. This goes to issue on Obamacare in which small business owners can’t absorb the additional cost through price increases and must then look at labor reductions.
Report Post »Right_on_the_Left_Coast
Posted on September 19, 2011 at 1:45pm@JZS,
The Bush tax cuts were a joke. The “tax cuts for the wealthy” that were passed in 2001 did not take effect until 2006 — when we were already well on our way to a hard recession. There was a second capital gains and dividends tax cut passed in 2003, but this tax cut was VERY poorly targeted, and did almost nothing to improve American investing.
All those tax cuts that supposedly ended up benefiting the wealthy actually increased the federal tax burden on the wealthiest 20% of americans, from 81% of the tax burden in 2000 to 85% in 2007, while the tax burden on the bottom 40% of earners during that same period dropped to -4%.
It does no good to argue that the Bush tax cuts are proof that supply side economics does not work, because supply side economists were VERY disappointed with Bush Tax cuts. Bush’s initial proposal, which he drafted before he was elected president, had some promising elements. But most of those details changed through compromise, and the resulting legislation actually followed more Keynesian economic stimulus theory.
Cutting taxes did amazing things for the economy under Reagan, and we have not seen anything like it tried since then. Few supply-side economists were optimistic about his plan then, and are not surprised by its poor performance since. I‘m with you that Bush’s Keynesian tax cuts didn’t work, so why should we expect Obama’s Keynesian approach to be any better?
Report Post »SpeckChaser
Posted on September 19, 2011 at 6:23pm@JZS
Request #1
You have made your feelings on the bush tax cuts well know, four times on this story alone. For argument sake let’s agree.
You have not explained how increasing taxes on the rich will create jobs. I would like you to explain it.
You have not told us how terrible GE is for taking the food from the mouth of the poor by not paying taxes. I would like you to tell us.
http://abcnews.go.com/Politics/general-electric-paid-federal-taxes-2010/story?id=13224558
Report Post »don young
Posted on September 18, 2011 at 1:09pmBuffet is right he sould pay more taxes.
Report Post »Look4DBigPicture
Posted on September 18, 2011 at 2:37pmYeah … including the hundreds of millions of dollars in back taxes he already owes.
Report Post »RightPolitically
Posted on September 18, 2011 at 2:41pmEver notice how some fat cats like Buffet are mighty generous with other people’s money? You know why he hasn’t sent in “extra” tax dollars himself? He can’t find a stamp!
Report Post »Fantastic Four
Posted on September 18, 2011 at 3:13pm@bigpic that smuck owes like 2 BILLION
Report Post »one years food ration like glenn says
Posted on September 19, 2011 at 8:35amOLMAO, Ok I’ve seen and heard it all now.. pubicpencildick thinks that Jimmy Carter was a great president.. This is insane.. Why bother even debating with an insane person ?
Report Post »SageInWaiting
Posted on September 18, 2011 at 1:05pmStupid (or loaded) question – I go for stupid: “Shouldn’t WB pay the same tax rate…?” He does, and then some, on his “salary.” The majority of his come comes from investments (capital gain). Capital gain is a totally different animal; it’s a tax largely on inflation. We pay capital gains tax on property sold, stocks, and other investments held for a period of time. Companies rely on the investments of others and their own infrastructure investments to expand and create new jobs – a low cap gain tax is VERY desirable in an economy. “Short term” and “log term” tax rates apply, depending on how long you’ve owned the asset.
Remember, the Microsoft clan – the early employees who opted for stock and stock options when the company was just starting out and had limited cash flow – made THEY billions and billions of dollars through the rise in the value of the company, and hence, the stock, not through salary.
Our resident Marxist-in-Chief will never be happy with taxation; confiscation and “equalization” is his ultimate goal. Let’s not forget the “equalization” experienced in many of our lifetimes in Viet Nam and Cambodia… MILLIONS died.
Report Post »The10thAmendment
Posted on September 18, 2011 at 5:46pmOutstanding post. You can also include that people are different and will make different choices in what they do with the money they earn, or profit. Wise decisions will lead to an even higher increase of that individuals wealth, while poor decisions lead directly towards the opposite end, and poverty. Why should those who invest wisely, and are responsible in their financial affairs be punished because others are invest unwisely and/or are irresponsible?
The answer to this is simple. The Founding Fathers established a Free Market Economy to force individuals to think critically, research, and either rise or fall on their own merit. There is nothing forcing those who fail from getting up and trying again to succeed. The same application of that individual liberty applies to self governance. People just don‘t understand that if it’s true that people struggle with self governance, how much more toxic is it when another makes our decisions for us. Expansive government, and stealing the wealth policies destroy Liberty, and enslave the people to the will of a corrupt method of governance.
It’s time we return to personal responsibility where we rise and fall on our own merit. The vast majority of those in this Country who claim to not have enough, simply oversize to self determination. They hunger because they are foolish with their money, or too lazy to DO anything about it, except look for handouts.
Report Post »eyestoseeearstohear
Posted on September 18, 2011 at 1:00pmWHAT IDIOT CAN’T UNDERSTAND THIS?
What Paul Ryan is saying IS TRUE.
Example:
RAISING TAXES ON ITEMS YOU BUY AT THE GROCERY STORE…
WOULD YOU SHOP MORE OR LESS?
WOULD YOU GET MORE OR LESS OF WHAT YOU PURCHASE?
All Obama wants to do is STOP THE WEALTHY FROM PRODUCING OR PROVIDING
A SOURCE OF GROWTH TO THE ECONOMY.
He’s doing a delicate dance on BOTH sides of the spectrum-
by allowing HIS SELECT BUDDIES to by-pass paying Taxes ON WHAT THEY OWN,
but allowing them to retain & function through tax loop-holes,
while STIFLING the middle class who CAN’T AFFORD TO BUY OR SPEND,
due to NO JOBS – NO INCOME- AND NO TAX BREAKS OR LOOP-HOLES.
The Middle Class WOULD DRY UP FIRST – because of NO $$$$.
Slowing down the flow of $$$ from the WEALTHY, ie. Job creators,
which he NEEDS that money to do this,
TAKES $$$ OUT OF THE SYSTEM, i.e. from the people.
When the PEOPLE HAVE NO $$$$ – GUESS WHAT?
Report Post »Right!
We will be at the MERCY OF GOV’T. ( Socialism)
SpankDaMonkey
Posted on September 18, 2011 at 1:07pm.
Report Post »I said it a long time ago, the morning after Obama was elected. Obama and Joe enjoyed a cup of coffee and over looked the United States. Joe said let’s run out their and screw some Americans. Obama said NO! Joe!! Let’s walk and screw them all. Let‘s hope he stop’s walking soon……..
KYWATCHDOG
Posted on September 18, 2011 at 1:33pmeyestoseeearstohear
Report Post »BULLS EYE!
As Mr. Beck frequently reminds us, ‘Truth has no agenda’ and liberal ideology will not allow the truth to stand in the way of or impede they’re agenda.
tifosa
Posted on September 18, 2011 at 3:15pmRepPaulRyan is counting on his audience thinking like third-graders.
Report Post »Paydert33
Posted on September 18, 2011 at 3:48pmEYESTOSEEEARSTOHEAR……..another Bulls Eyes for you! You got that right!
Report Post »Therightsofbilly
Posted on September 18, 2011 at 4:23pm@TIFOSA
I know quite a few home schooled third graders that would kick a$$ on the new TV show……..
“Are you smarter than a liberal”
Report Post »The10thAmendment
Posted on September 18, 2011 at 5:49pmTherightsofbilly
Posted on September 18, 2011 at 4:23pm
@TIFOSA
I know quite a few home schooled third graders that would kick a$$ on the new TV show……..
“Are you smarter than a liberal”
Report Post »————————————————————————————————————————
tifosa would lose to a grub worm. Actual educated liberal/progressives (aka communists) would give the common earth worm a run though!
rrrrea
Posted on September 18, 2011 at 7:11pmYou seem to be smart enough to help me with this dilemma…
Report Post »I am trying to figure this out. Can you help me?…
Can you explain to me how the rich paying the same taxes as everyone else hurts jobs? I thought ANY money the rich uses to pay employees or building up his business is tax deductible! (so that money will not be taken/taxed away from him). Now, any EXTRA money he makes (Money that’s not used for business purposes) -shouldn’t it be taxed the same for everyone – including the rich themselves? Tell me if I am wrong. I am a conservative business owner , and I’m very confused in this matter.
Therightsofbilly
Posted on September 18, 2011 at 7:37pmRRREA,
Sell your conservative business…………RRREAL FAST
Report Post »The10thAmendment
Posted on September 18, 2011 at 10:25pmrrrrea
Posted on September 18, 2011 at 7:11pm
You seem to be smart enough to help me with this dilemma…
Report Post »I am trying to figure this out. Can you help me?…
Can you explain to me how the rich paying the same taxes as everyone else hurts jobs? I thought ANY money the rich uses to pay employees or building up his business is tax deductible! (so that money will not be taken/taxed away from him). Now, any EXTRA money he makes (Money that’s not used for business purposes) -shouldn’t it be taxed the same for everyone – including the rich themselves? Tell me if I am wrong. I am a conservative business owner , and I’m very confused in this matter.
————————————————————————————————————————————————-
The job creators, whom are generally the small business owners pay both a personal income tax, and taxes on their business, among other infringements on their right to profit such as regulation. If they import, an import tax on the product or commodity they manufacture. If they distribute, there are road taxes. If the government increases those taxes, there‘s not a business man or woman in this Country who’s not going to have to raise their products price just to keep pace with that. If they can’t, you be be sure that to settle the difference in that redistribution by over taxation by eliminating positions, and/or freezing hiring. That’s the short version.
Dismayed Veteran
Posted on September 19, 2011 at 1:32pmRRREA
Report Post »10th AMENDMENT got it right. You might want to visit with a lawyer and your financial advisor/accountant.
tifosa
Posted on September 21, 2011 at 5:31pmRRRRREA, tenth doesn’t have it right. Anybody who owns a business know that they don’t raise product price to cover such a thing as a 4% tax increase, unless you want to be undercut out of business. The fact is that “job creators” is a term that’s been co-opted for purposes of deceit (see how it’s worked?) and actually tax cuts for the wealthiest (less than 3% have 80-some% of the nation’s wealth) serves to do nothing except shrink the middle-income. As we’ve seen when it was done, it increases the debt and shrinks job growth. (recall Bush?)
Report Post »http://www.kyleleverett.com/2011/07/22/save-the-job-creators/
watchdog1
Posted on September 18, 2011 at 12:54pmI think the Republicans are absolutely correct in their opposition to taxing the job creators, however, I think we are going to have 4 more years of Obama if they don’t relent, I am poor as a church mouse and have no desire to protect the rich from more taxes, but even I can see that it is the wrong way to go, we need to just give Obama what he wants, tell the American people that the Conservatives disagree with the jobs bill, with the Buffet thing, and do not believe it will create jobs or help the situation, but since it is apparent that is what the people want, they will agree to it, then let the voters watch it fail, that is the only way to get rid of Obama, people are so ignorant and short sighted they are buying the whole leftist package, and the Republicans are being blamed although they are the ONLY ones who have tried to fix this, he is offering no conpromise, just my way or the highway once again, conservatives are being destroyed by the blame game, and it is obvious very few people in this country is intellligent enough to see what is going on, certain martial arts work because you use the opressors attack to defeat him, we need to let this idiot have his way, when the people see how it goes, then they will listen to and elect a conservative, and we can repeal all the garbage once and for all.
Report Post »IMCHRISTIAN
Posted on September 18, 2011 at 1:45pmI will not be so desperate or stupid to vote for Obama.
Report Post »thegrassroots
Posted on September 18, 2011 at 3:01pm@ watchdog1
Huh? Where have you been? Did you not see the TeaParty Freshmen stand No Compromise! / “Don’t Tread On Me!” Firm and throw a giant wrench into the BHO machine? Do you not keep your own reps’ feet to the fire, telling them to heed the Voice of We The American People or get fired? Where are your own No Compromise! / “Don’t Tread On Me” All American Gritty Guts and Integrity and Values?
Paul Ryan and Allen West and any other reps who failed to stand with those Hero Tea Party Freshmen, need to hear from America about their cave-in and compromise last go around — about how they failed to stand firm under pressure and just rolled over = Not Acceptable:
Put your walk where your talk is Paul Ryan and Allen West, et al. You can be fired just as easily as you were hired and there are more Tea Party folks who will take your place and not go back on their Pledge to America. Ya Don’t Compromise with Terrorists and the Sociopath potus! If BHO wants compromise, then it’s BHO who needs to compromise! And too — congress needs to throw a net over Boehner and keep him out of those dark BHO backrooms. Boehner needs to stay out in the open and stand firm with the TeaParty Freshmen, which is where ALL of congress needs to stand.
Thank God For The TeaParty Movement! The TeaParty Is The Proof That The Blood and Guts Of Our Founders Is Alive And Well In We Their Children.
Report Post »brado9505
Posted on September 18, 2011 at 3:10pmhis crap must not go on again. how can you say that?
Report Post »LovingAmerica
Posted on September 18, 2011 at 5:16pmGod willing…. President Obama will either be impeached or in prison by the time the next election rolls around. In case you have not noticed, he is currently being incriminated in one horrific scandal after another – all worse than Watergate.
Report Post »TheObamanation
Posted on September 18, 2011 at 12:53pmGive me more of your money. I want to spend spend spend. If it doesn’t pass this time, I’ll just ask for another tax increase in December when Unemployment needs to be voted on again, like last year.
Report Post »babylonvi
Posted on September 18, 2011 at 12:51pmThough I agree with many of the above comments and believe the tax system is convoluted, biased and filled with crony capitalism, can someone explain to me why taxing the wealthy more prevents job growth? Creating a new salary allows more tax deduction. Indeed, the money that would have been taxed is now a business expense, or am I missing something?
Report Post »captaincameron
Posted on September 18, 2011 at 1:14pmThis is only one of the reasons that taxing the job creators will not create jobs:
Report Post »My company makes $200K a year, providing services, not tangible product. I have three employees who are making $50K a piece. I’m making $10K off of each of them, and am making another $20K myself.
My gross income is $50K; taxable winds ups being $40K.
If I drum up enough business to add another $50K employee, my gross income is going to be $60K.
But I’ll jump tax brackets–I will be the evil rich making $250K a year. Yes, I only make $60K but am now in the $250K.
My taxable income in this higher rate becomes $38K.
If I hire a person, I lose money.
Why would I hire someone?
These figures are estimates for ease of math, but consider it on a larger scale. How many other companies are in this boat?
Taxing the job creators discourages job growth.
Right now, there are four people making $50K in the work force. Paying income tax on whatever their taxable rate is, buying products, occasionally going to a restaurant and spending money that other people will pay income tax on and spend in the local economy as well.
Job creators should be encouraged to hire–instead of losing money by hiring a person, I should get a break.
There would be another person making $50K and spending money in the local economy.
It can’t be any more clear.
texasfarmer
Posted on September 18, 2011 at 1:56pmLet me make a point to your question about job creation and taxes.
Report Post »If the government takes money from me in the form of taxes (and their are more taxes than you know) I don’t have that cash flow to buy a truck, printer, tools, building repair or improvements. Every dime I get to keep gets spent somewhere. Is it better for me to spend it on my business or for the government to pay for level upon level of bureaucracy, sticking their noses into things they don’t have the constitutional authority to spend money on? Funding solar energy companies to the tune of $545 million?
When I receive payment, people and companies get a product and value. What value does the government add to the redistribution of wealth? What do they generate of value?
Grannie4news
Posted on September 18, 2011 at 2:04pmDuh! They create the jobs. Were you ever hired by a poor person. Pretty soon we would all be poor.They are the ones who take the gamble of making a company, etc. The high taxes here make them take their business overseas. In Russia during Communist rule everyone worked for very meager wages, whether you were a surgeon or a ditch digger. The Unions just want power and could give a d-amn about the employees. They are just being useful idiots in their own demise.
Report Post »tifosa
Posted on September 18, 2011 at 3:33pmYou pegged it BABYLONVI. Taxing the wealthiest DOES NOT inhibit job growth. Job growth occurs when you and people like you are strong and vibrant, need products and buy them (ie. extension of unemployment insurance puts $1.60 into the economy for every dollar, extending the Bush tax cuts puts 32¢ on the dollar.)
Report Post »Steverino
Posted on September 18, 2011 at 6:21pmCAPTAIN-
Report Post »Nicely explained.
TIF –
I’m not verry brite, so please explane too me how 1 dollar of UI puts 1.60 into the economy – are you referring to the additional layers of government bureaucracy necessary to administer UI? If that’s the case, where is the money to pay the bureaucrats coming from?
Please enlighten me.
Then, perhaps you can explain how you get more “bang for your buck” from food stamps.
I’m serious. Please explain in DETAIL.
Thanks in advance,
Steve
nibiru
Posted on September 18, 2011 at 7:36pmTaking money from the rich does stimulate the local economies. As that money is given to the poor they buy food, gasoline, booze, lottery tickets and, tobacco. Why even the local governments benefit buy taxes on these idems.
Report Post »ComeAndTakeThis
Posted on September 18, 2011 at 12:50pmPay your fair share. Let the 50% that pay nothing to the feds start paying taxes.
Report Post »Amma K
Posted on September 18, 2011 at 1:53pmThat 50% is too busy ‘taking’ from us taxpayers!!!
Report Post »MONICNE
Posted on September 18, 2011 at 1:58pmYou are talking about NET federal income tax. Those people Wish they could make enough to pay that tax! And they still pay 28-30% of their money on Other than Federal Income tax.
You say 50% of US Citizens “paid no taxes in 2009.” Well, 22 percent had no actual income liability, while 30 percent received refundable credits that wiped out what they owed in income taxes.
Some of these (10,650) are wounded veterans whose pitiful disability is below poverty.
Up to 20 percent of us were unemployed or underemployed in 2009, so the real fact is that a huge portion of the population earned less than $30,000.00 and “paid net zero Federal Income Tax.”
Folks who actually had jobs paid FICA and payroll taxes and whatever state taxes were required.
TEA
Report Post »cknapp
Posted on September 18, 2011 at 3:10pmI agree….no more “Representation Without Taxation”. Tax the poor, the 42-47 percent who are not paying Federal Income Taxes…when O says he is going to “share the burden”, I get excited because I actually believe he is going to tax the poor, get them “in the game” so they pay attention and are more cautious about voting for freebies.
Support the “Knapp Workers Right to Vote Initiate”! This idea of mine would make it illegal for able-bodied, working age people, who have received government assistance withing 12-months of an election, to vote. If you cannot figure out how to make use of re-training programs that exist, or are unwilling to re-locate to a part of the country that needs your current job skill, then you should not be voting and deciding for the rest of us how things are to be ran.
Craig Knapp
Report Post »Age 50
repup
Posted on September 18, 2011 at 3:17pmThe only problem I see with your plan is that the gov would classify the existing freeloaders, disabled, so they could get more money (cuz now they would be disabled and unemployed) and still sit on their lazy butts
Report Post »tifosa
Posted on September 18, 2011 at 3:37pmThe 47% who don’t pay taxes are the elderly and poor. They own 2.5% of the nation’s wealth.
Report Post »fatjack
Posted on September 18, 2011 at 4:13pmtifosa
Posted on September 18, 2011 at 3:37pm
The 47% who don’t pay taxes are the elderly and poor.
_________________________________________________-
I’m an older citizen, but a long way from poor and I still pay taxes. The flat butts is poor for a reason, they are not willing to work.
It’s coming!………….are you ready?
Report Post »Bill Rowland
Posted on September 18, 2011 at 6:47pmFatjack – Lock and Load – I have 3006 reasons they don’t want to bother me
OMG – Psalm 109:8
Report Post »Jo save America
Posted on September 18, 2011 at 12:49pmRepublicans!!!!!!!!!!!!!! Show how you compormised to the Jobs bill show what obama wants on one side and show what of obamas bill you will ok Make it easy for the American people to see Republicans are willing to work together. he is blaming this all on congress and not him make it clear to the people.
Report Post »its obama and have your side and please keep saying it and saying it. if there are four things you like stress that again and again to the american people. He keeps stressing it congress its not him show the american people it is !!!!!!!!!
repup
Posted on September 18, 2011 at 12:56pmWe need to counter the, “so your against schoolteachers, firefighters, children… ect,” talking points we get every time we say we are against more tax and spending. Conservatives need to cherry pick the most offending government waste programs and pork projects to throw back in their face.
Report Post »Arm yourselves with the facts, here’s a good place to start:
http://www.cagw.org/
godhead
Posted on September 18, 2011 at 5:02pmRepup – one small problem with your strategy – most of those programs are the result of Republicans lobbying for them. Bringin’ home the bacon, don’t you know. Here’s an idea – just say the Democrats are the only ones responsible. Heck, you can even point to a pork project in Mississippi and say it’s a liberal program.
That’s how Fox News got rich, and you can, too,working two hours a day from your kitchen table
Report Post »repup
Posted on September 18, 2011 at 11:04pmI didnt say republicans, I said conservatives!
Report Post »Netsurfer2
Posted on September 18, 2011 at 12:47pmWe can see that this is an attack on Millionaires, not Billionaires. Reminds me when Obama made his book and paid taxes only on the Bush tax rates. It always seems like they have their loop holes and want to stick it to those who really work hard for their money. That is why I believe everyone should pay on every dollar the same tax rate and we should abolish all hand outs, get the poor working for what they get in life. Nothing is free.
You always see able-bodied people standing on the street asking for hand-outs, but the street needs to be cleaned, windows washed and much else needs to be done. They can work like everyone else in life.
Report Post »welovetheUSA
Posted on September 18, 2011 at 12:45pmTo hold Buffet up as an example on taxing hard working Americans is at the very least disgusting. Buffet is not a reflection of the American worker, he is an example of a player who spends 24 hours a day on the stock exchange. He spins the system to make money………..he never held a hammer in his hand in his entire life. Obama is the dummest president in American History, period.
Report Post »ComeAndTakeThis
Posted on September 18, 2011 at 1:44pmWhat do you mean? He never held a hammer. He holds both the Hammer and Scycle.
Report Post »GaryInTheMiddle
Posted on September 18, 2011 at 12:45pmObutthead the great divider.
Report Post »NOBALONEY
Posted on September 18, 2011 at 12:42pmPresident Obama wouldn‘t change his ways even if his approval ratings fall into the low 30’s, and they will! Same personnel, same speeches, same evil rich and oil, same intrastucture spending, same high unemployment. The only changes made have been to the lexicon. Food stamps are SNAP, spending is investment, and love means passing a bill.
Report Post »mjhillalabama
Posted on September 18, 2011 at 12:33pmAll I can figure is that this is Obama‘s way of paying off Buffet for the inanities he’s been spouting.
Report Post »toidiegalliv
Posted on September 18, 2011 at 12:32pmI am currently at a total loss as to what fix there is for us to apply. The fix that comes will probably be well out of our control and will be more than a little tough. It seems that the best answer to the “tax problem” is to slash the size of the government monster like one would slash off a malignant tumor or wipe the pile off our head if cows could fly. Then, embrace honor and stay clean. Fat chance of American society as a whole embracing that, huh?
Report Post »vtech61
Posted on September 18, 2011 at 12:31pmDon’t be so obtuse Steelhead.
You know exactly who the jobs creators are and where they have gone.
Can’t you leftist EVER come up with anything better
than your ridiculous circular arguments and BS?
My God man, get it together.
Report Post »For just once, try to be part of the solution
and STOP wasting everybody’s time.
Steelhead
Posted on September 18, 2011 at 3:00pmchina-wal mart , repeat often
Report Post »Marengo Ohio Patriot
Posted on September 18, 2011 at 12:30pmsteelhead, you sound like a freeloader!
Report Post »progressiveslayer
Posted on September 18, 2011 at 12:29pmBarrry could confiscate the wealth of every millionaire and billionaire (his wet dream) and it wouldn’t make one bit of difference in the debt,he‘s only doing what he’s learned from Alinsky,class warfare to generate votes.This debt is so bad whole departments will have to be eliminated to get us out of it,but with the creation of the welfare state and public unions it’ll be impossible to fix,unless the whole system collapses then the government will be able to do practically anything to restore order.
Report Post »loriann12
Posted on September 18, 2011 at 12:35pmCan you say Cloward and Piven? Been saying it for over 2 years.
Report Post »progressiveslayer
Posted on September 18, 2011 at 12:39pmThe handwriting‘s on the wall and that’s where we’re headed.
Report Post »AlbaL
Posted on September 18, 2011 at 12:52pmIt is scary but I‘ve come to believe that Obama is actually trying to destroy our Capitalist system and he’s being helped by the press and the Democrat Party.
Report Post »Suzanne
Posted on September 18, 2011 at 3:37pmI sincerely think the ‘Cloward and Piven’ strategy is this administrations agenda and the bottom line. I don’t think for one minute that Obama is unaware or ignorant of the consequences of what he is doing. It‘s not government’s job to create jobs…less government and less regulation will allow the freedom for job growth and prosperity…but, prosperity is not the goal of his agenda…collapsing our system is. Nothing he purposes has been or will be beneficial …it’s all about securing those votes to stay in power long enough to complete the fundamental transformation of America.
Report Post »hi
Posted on September 18, 2011 at 12:21pmThe should speak in terms of months worked for free.
Buffet wants the rich to work another month or two for free. With State and Fed, they already work nearly 6 months for free!
They will slow down and work less, rather than work extra months for free.
Report Post »Bonnieblue2A
Posted on September 18, 2011 at 12:30pmBerkshire Hathaway needs to pay its own back taxes before Buffett opens his mouth. I see a
Report Post »“Buffett tax” as meaning it is ok to not pay your taxes x 15 yrs just like Buffett’s Berkshire Hathaway.
RightPolitically
Posted on September 18, 2011 at 12:21pmI urge everyone to read Mark Steyn’s new book, “After America.” If it doesn’t scare the pants off every clear-thinking American, nothing will. We are HEADING TO OUR DOOM on this current course. Obama and his fellow socialists are ideologues who insist on fixing what‘s wrong WITH more of what’s wrong.
Calling Paul Ryan, calling Allen West, calling a TRUE conservative THINKER to run for President NOW!
Report Post »copatriots
Posted on September 18, 2011 at 12:29pmHaven’t read it, RIGHT, but thanks for the recommendation. I highly recommend a refresher read of F.A. Hayek’s, “The Road to Serfdom”.
Report Post »neverending
Posted on September 18, 2011 at 5:55pmYou are right his book is right on. Everybody needs to read it.
Report Post »tifosa
Posted on September 18, 2011 at 5:56pmLet me guess, Steyn is a Beck “must-read.” Walking hand-in-hand down the panicpath…sweet ;^)
Report Post »HKS
Posted on September 18, 2011 at 12:21pmI am beginning to think that none of these guys know anything about jobs. A job must produce something sell able for cash. I am not hearing anything like that from anyone. In our plant when you run out of work you handed everyone a broom and it’s clean-up time. But you better do it quick as everyone knows you can’t keep doing that or you will be gone. These guys just want to give everyone a broom forever and charge it to the boss. Won’t work.
Report Post »hi
Posted on September 18, 2011 at 12:40pmWe should start by giving big tax incentives to manufacture cell phones in right to work states. Not one cell phone is made in USA. We should tax the heck out of any goods coming from China. maybe the US companies will move back here into right to work states. Union thugs are the ones who dove business overseas.
Report Post »fishstx777
Posted on September 18, 2011 at 12:19pmThere is no fire in their demeanor in explaining their agenda which is killing the republican party.say it over and over with passion1.obama had two years with control of both the house and senate and nothing was done not one single jobs bill except the health care monstrosity.2.Their is a bill already passed in the house by the republicans make it law and then and only then if it doesnt work blame the republicans for not cutting spending .until then close youre pie holes.like obama says about his dumb bill, pass the bill the ryan bill.
Report Post »The_Almighty_Creestof
Posted on September 18, 2011 at 12:12pmI have no problem with the rich paying more in taxes than they already do. That is, they should pay the same percentage as I do AFTER deductions and loopholes.
Do I care that they pay tons more in DOLLARS than I do…nope…cause they keep more than I do as well.
Time for a straight tax percent across the board and fire 99% of the IRS people.
Then we can truly focus on forcing the government to spend what they have properly and stop being sidetracked by their distracting us with these petty arguements about rich/poor.
Also, start taxing welfare/unemployment/food stamps/social security…all of it. That’s the only way you are going to reduce that 49% that does not pay any taxes. They’ll just have to budget what they have leftover a little bit better.
And BTW…the rich are NOT creating jobs with the extra they keep…nobody with the IQ of an unsalted potato chip is going to do that in this world economy and Obama’s regulations…all they’ll do is sock it away and save it.
Report Post »copatriots
Posted on September 18, 2011 at 12:22pmI hereby nominate you, Creestof, as the new Treasury Secretary!
Report Post »Libertarian
Posted on September 18, 2011 at 12:24pmBuffet is a joke. The man becomes one of the elite rich via capitalism, yet as he walks through the door of capitalism, he slams the door shut behind him. Same goes for Bill Gates and his socialist father.
Once I am a member of the country club, don’t allow any new members. Hypocrites!
Report Post »Bill Rowland
Posted on September 18, 2011 at 12:43pmCan’t see taxing welfare it is already our tax money. Make them pass a drug test to qualify for welfare and then make them take random drug tests to keep receiving it. Everything elso is taxable at a flat rate. We pass term limits, when the senators and reps serve their term they don’t keep their med coverage nor do they get a pension.
No more bridges for squirrels, or tunnels for turtles. No bridges to nowhere or million dollar buses that will be used 1 time. Do away with DOE, HHW,EEO, ut at least two managment levels out of Homeland Security. Enforce the laws on the books before we make a bunch more regulations.
Laws are made by congress not regulations by cabinet departments.
I could go on and on with the Czars and their ilk. OMG – Psalm 109:8
Report Post »The_Almighty_Creestof
Posted on September 18, 2011 at 2:11pm@Bill Rowland
My Federal tax return was once income that was already taxed by the feds and the state…yet I have to declare it as new income on my state tax return.
When someone dies and leaves money to an heir, it also was already taxed by the feds and the state at one time…yet it is also declared to be new money and taxed once again when the heir gets it. Welfare money should be no different. In fact, by paying some taxes on it, it insures that their children will have welfare available to them when they apply for it.
Report Post »eyestoseeearstohear
Posted on September 18, 2011 at 2:54pmHere, here, COPATRIOTS….
Report Post »I second the motion on THE_ALMIGHTY_CREESTOF comment.
rslamd
Posted on September 18, 2011 at 12:10pmRyan‘s Budget Bill got more votes in the Senate and cut more over spending than Obama’s did.
Report Post »Steelhead
Posted on September 18, 2011 at 12:02pmhey Ryan where are the jobs?
Report Post »vtech61
Posted on September 18, 2011 at 12:18pmHey Steelhead
THE GOVERNMENT DOESN‘T ’CREATE’ JOBS, SILLY.
Report Post »Yea I WAS yelling at you. LOL
progressiveslayer
Posted on September 18, 2011 at 12:18pmWhen the Marxist in chief is gone and the productive class takes over the congress we’ll see jobs created.
Report Post »Steelhead
Posted on September 18, 2011 at 12:22pmwho are the creator’s and where have they gone?
Report Post »AJAYW
Posted on September 18, 2011 at 12:25pmSTEELHEAD you must be one of the Union Bums thst drove the steel industry out of our counrty-
Report Post »Libertarian
Posted on September 18, 2011 at 12:27pmSteelhead, the investors and business people that create jobs are waiting to see if they have to move their capital offshore. They are anxiously waiting for a business friendly Executive and Senate in 2012.
Report Post »Marengo Ohio Patriot
Posted on September 18, 2011 at 12:28pmthe federal government isn’t supposed to create jobs…as an american citizen, you should be ashamed to hold out your hand asking for washington’s help… you want a job… get one or create one on your own!
Report Post »mjhillalabama
Posted on September 18, 2011 at 12:31pmHey Steelhead! They‘re still in Reid’s In-Basket waiting for the Senate to vote on them.
Report Post »progressiveslayer
Posted on September 18, 2011 at 12:37pm@steelhead The federal government can create government jobs which is bad for liberty and the Marxist in chief has created thousands of government jobs while destroying the private sector.
Report Post »Libertarian
Posted on September 18, 2011 at 12:53pmThe government “makes” jobs, but in order to “make” a job you have to take money from the “job creators”. Government does not create, it just redistributes; government jobs do not draw capital into the free market. Government jobs draw capital out of the free market.
Report Post »watchdog1
Posted on September 18, 2011 at 1:00pmHey steelhead,ask Harry Reid where the jobs are, Paul Ryan isn’t the president, but he did draft a good bill, however Reid wouldn’t even let the house take a vote on Ryans bill, it was shelved before anyone saw it, as was all the bills drafted by the Republicans, You need to pay more attention to what is going on and stop listening to propaganda. By the way, you are just as intelligent as your name implies, nothing gets through that steel skull does it?
Report Post »fatjack
Posted on September 18, 2011 at 2:46pmsteelhead
Your ignorance is disturbing…..
Report Post »swalt
Posted on September 18, 2011 at 2:51pmGood name for you, Steelhead. Typical liberal, progressive, useful idiot. Trying to get you people to think is like … talking to a head made of steel. Nothing gets through.
Report Post »tifosa
Posted on September 18, 2011 at 3:56pmGood point, STEELHEAD. It has escaped NOBODY that the Teapublicons rode in 2010 on the “jobs” agenda. Look at their old commercials….At the time it was humorous that the party of “government doesn’t create jobs” successfully fooled their followers. The only “jobs” they‘re concerned with now are theirs and Obama’s.
Report Post »The10thAmendment
Posted on September 18, 2011 at 6:03pmtifosa
Posted on September 18, 2011 at 3:56pm
Good point, STEELHEAD. It has escaped NOBODY that the Teapublicons rode in 2010 on the “jobs” agenda. Look at their old commercials….At the time it was humorous that the party of “government doesn’t create jobs” successfully fooled their followers. The only “jobs” they‘re concerned with now are theirs and Obama’s.
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EVEN if that were true, it’s even more true that the government does not create jobs, except concock public sector redistributional nonsense positions to exact the wealth from away from the private sector. To add insult to injury they “gather to themselves” that which is ours by having a 2 crony capitalist organizations make it appear that what they’re doing is right. The IRS, and the Federal Labor Board. In these, the IRS plays the fallacious Robinhood, while the FLB winks at regulations where the corruption in lawmaking policy in the Legislature steals even more by giving those scabs on the public dole cushy retirement accounts, paid leaves, vacations, and healthcare, from the wealth of the people who are self sustaining.
Jefferson again is right.
“The two enemies of the people are criminals and government, so let us tie the second down with the chains of the Constitution so the second will not become the legalized version of the first.”
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