Town Hall Attendees Boo Paul Ryan for Defending Current Tax Rates for the Rich
- Posted on April 21, 2011 at 1:10am by
Scott Baker
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Business Insider:
Rising star Paul Ryan seems to have had a rough outing when talking to seniors in Milton Wisconsin today.
The video, posted by liberal site ThinkProgress, shows an antsy group of seniors question Ryan about current levels of taxes on the rich.
Specifically, he‘s asked why the rich can’t pay more in taxes — even if we do cut spending — and at about 1:25 he said “we do tax the top,” which is what prompts the chorus of boos.
Transcript via Think Progress:
CONSTITUENT: The middle class is disappearing right now. During this time of prosperity, the top 1 percent was taking about 10 percent of the total annual income, but yet today we are fighting to not let the tax breaks for the wealthy expire? And we’re fighting to not raise the Social Security cap from $87,000? I think we’re wrong.
RYAN: A couple things. I don’t disagree with the premise of what you’re saying. The question is what’s the best way to do this. Is it to redistribute… (Crosstalk)
CONSTITUENT: You have to lower spending. But it’s a matter of there’s nothing wrong with taxing the top because it does not trickle down.
RYAN: We do tax the top. (Audience boos). Let’s remember, most of our jobs come from successful small businesses. Two-thirds of our jobs do. You got to remember, businesses pay taxes individually. So when you raise their tax rates to 44.8 percent, which is what the president is proposing, I would just fundamentally disagree. That is going to hurt job creation.
Too bad these leftist idiots don’t know more about economics or we wouldn’t be in the place we are today.
Tax cuts have always worked to build the economy.
During the Bush years, despite the 2000 Recession, the attacks on 9-11, the stock market scandals, Hurricane Katrina, and wars in Iraq and Afghanistan, the Bush Administration was able to reduce the budget deficit from 412 billion dollars in 2004 to 162 billion dollars in 2007, a sixty percent drop. In 2004 the federal budget deficit was 412 billion dollars. In 2005 it dropped to 318 billion dollars. In 2006 the deficit dipped to 248 billion dollars. And, in 2007 it fell below 200 billion to 162 billion dollars. During the Bush years the average unemployment rate was 5.2 percent, the economy saw the strongest productivity growth in four decades and there was robust GDP growth. This was due to the Bush tax cuts.
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Comments (274)
momsense
Posted on April 21, 2011 at 6:09amThese snotty elitist brats will be the first to whine when the “ rich” no longer have the money to give them jobs. Even arrogant Democrats can’t change the laws of economics.
Report Post »dawg of gawd
Posted on April 21, 2011 at 10:42amThese “snotty elitsist brats” were mostly seniors who have worked their entire lives. That’s who was calling Ryan to task in this meeting. And how did he respond? By saying Obama wanted to raise the tax rate to 44.8%. Really? Where‘d he’d get that number?
Report Post »Cherynn
Posted on April 21, 2011 at 5:54amWhat makes people think they have the RIGHT……….to steal someone elses money and tell them how to spend it???? What has America turned into??? A bunch of whiney lazy beggars with thier hands out. This is pathetic, its why ALL entitlement programs should be eliminated.
Report Post »AmeriCat
Posted on April 21, 2011 at 5:40amPrevious Union Thugs…now retired…attacking Ryan!
Report Post »XinTX
Posted on April 21, 2011 at 5:20amOf course the lefties will boo. They think taxes should be raised on someone else so they can have THEIR free stuff.
Report Post »Killa From Wasilla
Posted on April 21, 2011 at 9:11amYou are an idiot if you think that the people in the audience were lefties.
Report Post »Do some research on the town hall meeting and where it was held and you’ll find out that it was all Republican, Idiot.
MrUglyAmerican
Posted on April 21, 2011 at 5:19amUseful Idiots Unite!
Report Post »justice
Posted on April 21, 2011 at 4:34amLet them end up in a soup line, and then they will get it!
Report Post »Center right
Posted on April 21, 2011 at 4:24amPATTY HENRY, I was with you about the flat tax, but Palin and Trump. Trump has filed for Bankruptcy three time, and is being sued a dozen more. I like Palin, but she is a tool. She has spent the last few years getting schooled on how to talk. She is a follower, we need a real leader. Trump and Palin have about as much experience as Berry did, and we see how that worked out. We need a hucklebee or cane. I hope to God Palin doesn’t get the nod, that will be handing the election over to Obama. Liberals want her to be picked, because they know it is true. I like Sarah, but no way should she be president for until she can think for herself. You want two people that have reality shows to run the country. What a joke.
Report Post »Center right
Posted on April 21, 2011 at 4:28amAnd go ahead, make the claim I am a troll, who is saying liberal views. That’s what many people on her always counter with. The fallacies in many of these arguments are racking up. If you don’t like it then leave, Fallacy. People who comment commit the ad hominim fallacy without thinking about the fact it is a weak way at deductive logic. No, I’m conservative because the views make sense, but I will call my people out when they are not helping the discussion.
Report Post »mrmikejohnson
Posted on April 21, 2011 at 4:08amAstroturf from the far-left.
Report Post »Chicago Ray
Posted on April 21, 2011 at 3:55am“RYAN: We do tax the top. (Audience boos). Let’s remember, most of our jobs come from successful small businesses. ”
I don’t think they were booing HIM per se, they were booing the fact that the top few pay most of the taxes, and I’d bet many of them are those top people even though seniors. My dad is one of them I know as a wealthy retired senior now who still kind of works, when Dems aren’t in power.
I do the same thing..
Report Post »drattastic
Posted on April 21, 2011 at 3:26amA consumption tax (the fair tax ) or flat tax is the only true answer.It takes one of the leftest primary weapons away from them ( class warfare ). Then everyone has a vested interest in our economy and we can stop playing these silly games with the uninformed and those who can’t think things through to their logical conclusion.
Report Post »LightvsDarkness
Posted on April 21, 2011 at 3:18amMany people termed “rich” by this government ($250,000 and up) aren’t actually rich. It’s not like they consistently have 250,000 $$$ or higher sitting in their bank account at all times. If your a small business owner or a farmer for example, you technically may be worth 250,000 or higher on paper, but you have more than that in debt so you are already stretched pretty thin. And every year as it is you are just barley breaking even.
Report Post »Paul_ Revere
Posted on April 21, 2011 at 3:06amAt least the man has a plan to cut spending unlike his opponents. Its a first draft and will need to be revised in congress and the senate.
Report Post »Diane TX
Posted on April 21, 2011 at 2:59amWhiteTeaParty
Posted on April 21, 2011 at 1:29am
What Ryan won’t tell you is that he collected Social Security payments as a teenager, which he saved to help pay for his college education. It’s the republican attitude of “I’ve got mine, $crew you!”
__________________________________________________________________________________
Well, if this is even true, he collected Social Security payments because one of his parents died. I know this because my nephews’ father died at age 35, and his two sons received Social Security payments until they were 18 years old.
That’s the “System” that the previous Socialists set up to protect widows and their children. Both my Nephews would have rather had their father still alive, than Social Security benefits. They were only 5 and 8 when their father died.
What do you say White Tea Party? If your parent dies when you’re a young child, you don’t deserve SS benefits unless you grow up to be a Socialist Democrat?
Report Post »sleazyhippo
Posted on April 21, 2011 at 8:25amWTP’s point was we all need a safety net, just some of us don’t admit it or protect it.
Report Post »rightwinglefty
Posted on April 21, 2011 at 2:19amThe uber rich like GE get tax cuts. Obama can say publicly that he is raising taxes on the rich. GE will say, that’s a wonderful Idea and then accept all the money they paid in taxes and more back in stimulus money.. Did you get any of that Killa from Wasilla? The Dem’s will keep you from ever being a GE.
Report Post »BoilitDown
Posted on April 21, 2011 at 2:15amThe class warfare promoters dividing the country to conquer are winning this argument.
Report Post »Zer0
Posted on April 21, 2011 at 2:32am@BoilitDown,
They always have. History is not on our side in this regard. Anytime one plays to the masses most primal fears and emotions, like greed, hunger, envy, and hate; create an enemy (the rich, the bankers, the Jews, etc), they will almost always achieve their goals of dividing and class warfare.
Report Post »rightwinglefty
Posted on April 21, 2011 at 2:11amNo politician and I mean no one is going to take away from the rich. It will never happen. I am willing to bet that every politician is where he or she is due to millionaires and billionaires. The Democrats will prevent or make it harder for you or I to rise above the crowd. That’s it.
Report Post »Zer0
Posted on April 21, 2011 at 2:24am@RightwingLefty,
Exactly, Republicans will openly advocated lower taxes for the wealthy (at least they’re honest about it), where Democrats will simply create loopholes large enough to navigate an aircraft carrier through. That’s why we should do away with the Progressive Income Tax, and replace it with some sort of national sale tax. Everyone pays, criminal and honest citizen alike, and there are no loop holes. Also, you are being taxed on consumption instead of production. Most importantly though, everyone has a stake in where and how their taxes are spent, instead of a minority paying for everyone’s enbtitlements. Much of this waste, fraud, and abuse would be eliminated because no one would stand for it any longer. We would all become far more responsible and informed citizens if we were all equally invested in the nation.
Report Post »axel@25
Posted on April 21, 2011 at 2:08amI‘m fairly sure that these aren’t you’re average “old folks”,…this is Wisconsin…they’re probably old union members that recall many years ago (when they were still young enough to pretend to work) there was plenty of money to make sure their retirment funds were funded. They didn’t care then that it was taking the contributions of 3 younger workers to pay their pension…and they certainly don’t care that it now takes 5 youunger workers.They think the world owes them.
Like the geezer said,” the top 1% take 10% of the total annual income”. What the old fart seems to forget is, that same 1% pays 50% of the taxes.
here’s the profile of so many of todays retired leeches:
Report Post »1. They go to the bank between 11:30AM and1PM (lunch hour) even though they could go at almost any other time of day. They’d rather go during the only time of the day that working stiffs can get to the bank.
2. They go to the DMV between 11:30am and 1PM (lunch hour) even though they could go at almost any other time of day. They’d rather go during the only time of the day that working stiffs can get to the DMV.
3. They go to the movies and argue forever with the ticket seller over whether the “senior” discount can be used with the coupon as well . they discussion usually ends after your movie starts.
4.They go to dinner and argue forever with the waiter over whether the “senior” discount can be used with the coupon and if the item can be substituted. Of course this is done loudly only after they badger the waiter to “turn up the damn lights”.to see the menu….the waiter gets “stiffed” for good measure
5. When the weather gets cold they take the show on the road and wonder why the “kids” don’t visit them in Boca.or Brownsville,
6. hit the golf course on the weekend when it’s really busy… they’d go during the week but they have to go to the bank at noon ……
DANO509
Posted on April 21, 2011 at 5:27amYes we should kill all people over 45 and anyone reaching retirement age that way there we self-serving ignorant mine mine mine generation will have more stuff to fill our small pathetic lives with and we wont have to care for anyone but ourselves…..me me em mine mine mine what are you going to do for me me me me me
Report Post »axel@25
Posted on April 21, 2011 at 9:24amdidn’t see anyone advocate killing anyone…but that won‘t stop you idiots from sayin’ it.
Report Post »Ron_WA
Posted on April 21, 2011 at 1:56amI don’t really like the graduated tax; I’m a fan of a flat tax but … as long as we have a graduated tax I don’t have a problem letting it go back to 39.6% from the currently reduced 36% as long as we cut spending across the board & eliminate at least 50% of all tax deductions to include homeowners.
I think if this were more likely to hit more people in more tax brackets we’d have a meaningful debate.
Report Post »Killa From Wasilla
Posted on April 21, 2011 at 2:03amHis argument just does not hold up.
They’ve had the tax breaks for how long?
How many Jobs have been created?
More have gone over seas in the same amount of time they’ve had the tax breaks,.
I guess he feels no one reads the news?
Plus, they only pay tax on what they decide to report.
It’s such a game for these politicians, as they continue to feed the voters lie after lie. And do it with a straight face
Trickle down economy?
That’s not even funny anymore.
Also, why could he not be attentive to the person asking the question? No, he turns and fiddles with equipment...
Report Post »IAMMADDOG
Posted on April 21, 2011 at 9:58amWay to just ignore every questioned asked of you killa. This is exactly why the left sucks. Ask ask ask but don’t ever answer.
Report Post »IAMMADDOG
Posted on April 21, 2011 at 10:00amBy the way, do you know what else isn’t funny anymore? The idea that liberals are caring, compassionate, kind or anything even resembling those attributes.
Report Post »Zer0
Posted on April 21, 2011 at 1:47amProgressives are brilliant. They created a tax system where everyone is allowed to vote (even felons if the Dems had their way), but only 40% pay taxes. Now, try telling the other 60% that you’re going to lower taxes, but balance the budget by cutting spending in entitlements. How do you think that 60% are going to vote on election day?
There should either be a reform of voting laws, where only tax payers are allowed to vote in national elections OR a Fair Tax system where everyone has skin in the game. Spending policies would be drastically different in this country if everyone had a stake in what was being spent.
Report Post »underconsideration
Posted on April 21, 2011 at 1:44amBush came into office with a budget SURPLUS. Bill Clinton’s policies also fuelled huge economic growth, especially towards the end of his term…and then the .com bubble burst. It was a strong economic run, but it was fuelled on insolvency and it didn’t last.
Report Post »Bush’s economic “prosperity” was built on insolvent loans- and then, when they defaulted, the economic system combusted in a really spectacular way. Maybe Obama‘s policies haven’t helped as much as they could have, but the fact of the matter is in recessions, the rich get richer. Small businesses shouldn’t bear the weight of heavy tax impositions, but things like taxing banks for the risk they take on (to discourage risky behavior) is in the best interest of everyone but the banks members of the Congress work tirelessly to defend.
A final thought- the greatest civilizations in history have been toppled when the many, poor and unable, felt that the gap between them and the wealthy was too great. Socialism kills incentive; socialism is terrible. But isn’t a society where a few people can afford everything they could possibly imagine (and more) while millions of others struggle to put food on the table bad too?
RedHarley
Posted on April 21, 2011 at 8:55amUnder,
You said “Bill Clinton’s policies also fueled huge economic growth, especially towards the end of his term”
Name one.
Clinton just happened to be in office during a historic shift much like the industrial revolution. The advent of the internet and the computer age brought about that false economic boom, and the not so unexpected bust that followed……….but Bill Clinton had NOTHING to do with it. I don’t believe you can list one policy initiated by Bill Clinton that helped fuel any economic growth.
The same goes for the housing boom and bust, George Bush promoted home ownership but really had little to do with the boom or the bust. The one thing his administration did was to try to rein in Fannie and Freddie, but was stopped by people like Barney Frank who said everything was fine with those GSO’s.
Bubbles can be created by policy however. The commodity bubble that is currently going on is one example. The price of oil, corn, wheat, cotton, copper, etc. are being driven by two things. Speculation and regulation. The regulation side of this equation are the policies of the Obama administration. Limiting oil drilling leases and permits ARE driving up the price of oil, as is the unrest in the ME that the administration is championing. Continuing policies that promote the production of ethanol from FOOD sources (corn) is going to continue to drive up the price of EVERYTHING.
Lastly, you said “Socialism kills incentive; socialism is terrible. But isn’t a society where a few people can afford everything they could possibly imagine (and more) while millions of others struggle to put food on the table bad too?”
Most of those people who “can afford everything” got their wealth from hard work and creating products and services that people want. (unlike the Kennedys)
Report Post »Many of those who are poor got there by not willing to do the hard work that would enable them to better themselves. Some of that can be attributed to government policies that helped destroy families and creating a dependency class that teaches their children the same.
Those who are truly “unable” will always be helped by charity and the safety nets…..but it is high time that people take on some personal responsibility and quit complaining about the “rich”.
Every society has winners and losers.
What you have to decide if if you want the actions of the people themselves to decide who the winners and losers are, or have a dictatorial government that are the only winners with everyone else being losers……….
duane38637
Posted on April 21, 2011 at 1:36amThe real question here is why is this about the rich paying more taxes? The subject should be is why do people on welfare and freeloaders who pay NO taxes get a tax refund every year that is unreal!
Report Post »Killa From Wasilla
Posted on April 21, 2011 at 1:58amPeople finally get it about this guy.
His plan is just tax cuts for the rich while at the same time dismantling Medicare.
We all need to stay awake and realize Republicans like Ryan don’t care one iota for the American people and their kind are out to destroy this country.
Report Post »RepubliCorp
Posted on April 21, 2011 at 9:05amLet me see if I got this right,
Report Post »47% PAY NO TAXES ………they dont have a fair share? No investment for them?
Just takers while others have to pick up check……. Nice deal, sign me up
NYSTREETKID
Posted on April 21, 2011 at 8:54pmThe government goes on pay for every damn thing out there.myself and many other see that the 500 lbs ape in the corner is starting to move.If it is going to fail ,let it go. I love you people on the left.brain dead. I thank god for that every day. On the right(stop saying that,by the way you middle to left). keep up the good work of &itching and doing nothing.I find it funny that in the end you guys are on the same team. leading this county right down the pooper shoot. Shout out to all those that are to deaf to hear,blind to see,and dumb to understand. spend boys and girls like their is no bottom.keep digging
Report Post »Zorro6821
Posted on April 22, 2011 at 7:23amI am so tired of the same old Cliche’s from both the left and the right. New face same old tired story. Fix the deficit, cut back, more pain, tax the rich, etc. Useless and empty words. What matters now it simple, each man for themselves, self preservation. Folks the Titanic is sinking and it is time to stop re-arranging the deck chairs. The smart folks are heading for the life-rafts…buying gold, silver and divesting in treasuries. The idiots are debating as to what political candidate will save us.
Report Post »Zorro6821
Posted on April 22, 2011 at 8:40amAnd guess what, Paul Ryan figured out the best job in town is being a politician. This is not about saving the country, it’s about making a name for himself and making sure he rides the political gravy train. There are no good jobs left and he figured out that being a politician pays the best and has the greatest entitlements than any crummy private sector job. It does not matter if you like the guy or not, but being controversial will get you noticed. I would love to see how term limits and wage parity with the private sector would affect politicians motives. I must be nice to have taxpayer funded healthcare for life after 4 years, your own private gas pump tax payer subsidized, and a great retirement package after two terms, etc. What a gig! So I say what we need is political reform first and foremost, then after that happens maybe the peoples voice will matter. It’s kinda like being in a union ON STEROIDS!
Report Post »Zorro6821
Posted on April 23, 2011 at 7:36amTaxes are not the issue, they are the symptom of the problem. The engine that drives any economy is jobs. When you have a country that does not make anything anymore, then all you have left is raising taxes to bring in revenue. During the great depression we still had on ace in the hole that brought us back to prosperity. We still had a robust manufacturing base and the people had jobs to back to. We have no ace card today. The focus should be on fair trade and bring back jobs from foreign countries. Unfortunately that does not seem to be a Republican or Democrat agenda. Both parties are Globalist and free traders and protectionism is a dirty word.
Report Post »Showtime
Posted on April 21, 2011 at 1:22amPaul Ryan knows what he is talking about. Businesses are nothing more than corporate tax collectors for the government.
If the government would undo everything Obama has done, get rid of regulatory agencies, and STOP SPENDING, the economy would begin to bounce back.
Report Post »WhiteTeaParty
Posted on April 21, 2011 at 1:29amWhat Ryan won’t tell you is that he collected Social Security payments as a teenager, which he saved to help pay for his college education. It’s the republican attitude of “I’ve got mine, $crew you!”
Report Post »Killa From Wasilla
Posted on April 21, 2011 at 1:37amCouldn’t happen to a more deserving guy.
While Ryan’s bill dismantles Medicare, slashes food stamps and lowers tax rates for the richest Americans even *lower* than the Bush cuts, it also contains $40 BILLION in corporate welfare for oil companies (”subsidies”).
Report Post »Zer0
Posted on April 21, 2011 at 1:40am@WhiteProgressiveParty,
Much like the Charlie Rangel and John Kerry inspired Democrat attitude, “Pay your fair share evil rich guys! I’m not giving the IRS shat!”
Report Post »Showtime
Posted on April 21, 2011 at 1:41am@WTP ~
You haven’t given your source for your “fact,” but IF it’s true, you don’t really think that Ryan would have received the benefit were he not ENTITLED to receive it, now do you?
Personally, I think it was a pretty smart move, saving extra income for a solid education. He probably worked while he went to college, too. Does your “source” give that information? College is not cheap, you know.
Report Post »tierrah
Posted on April 21, 2011 at 1:42am@Show: It‘s disheartening to discover that so many will never understand what Ryan’s proposal is designed to do. It’ a start but still leaves much to be desired, in my opinion. It’s also very disheartening to discover that no one can understand what is happening to the economic system of the US. They (our government officials) play games with accounting tricks to make a situation seem better or worse, depending upon what their objective is. I’m sick to death of all the corruption and greed, not to mention all the “spinning” of facts and constant word tag – half truths and deliberate omissions of pertinent facts. They harp and harp about the stranglehold of Medicare costs yet never mention the billions of dollars paid out through the Medicaid program to all the illegals and welfare bums. Why is Medicare bound to Social Security while Medicaid is a stand alone program? It’s comforting to chat with like minded folk such as you. I appreciate your viewpoints and especially love the photo of “La Chihuahua”, at least I think that’s the breed of dog in your name tag?
Report Post »Showtime
Posted on April 21, 2011 at 2:29am@tierrah
Thank you. And you are correct.
Actually, that be “le Chihuahua” (I speak French, not Spanish.). Buckshot, or Bucky (both are nicknames), is the man of the house, Chihuahua mix. The only thing that keeps him from being worse than a husband is that he can’t hold a remote!
Report Post »axel@25
Posted on April 21, 2011 at 2:35amWhiteteaparty
(or as you Momma knows you, “that ignorant P.O.S. in my basement”)
Ryan collected because his mother would have applied for his legally entitled DEATH benefits that his father PAID for. Paul was 16 when his father died and the benefit expired when he turned 18. He couldn’t apply for them himself as he was under age to sign anything (if both parents had died the executor of the estate or legal guardian would have had to apply for him.
He could have pissed it away and stuck it in his veins or smoked it or drank it (like you probably would have or maybe still do)
Instead he saved it for college.
I’m sure that if you really truly believe what Ryan did at the age of 16 is sooo terrible, you also believe that anyone’s record should be fully considered that far back as an accurate reflection of what they are now. Maybe we should see Obamma’s College grades or at least how he paid for HIS tuition. Maybe Bill Ayers should be in prison now,,,certainly not a proffessor..etc…etc….
Report Post »hstdal
Posted on April 21, 2011 at 3:34am@WHITETEAPARTY…Even if Paul Ryan rcvd social security payments as a child then he probably did under negative circumstances for one. Secondly, he is not suggesting to get rid of it you fu**ing idiot. They are trying to SAVE the program. Sometimes I think this country is going to get what it deserves. We have half the country that doesnt pay crap but gets all kinds of freebies. You have a huge portion of the population (most of which fall into the lowest 70% income earners) that do not care about politics or what is going on. Then you have some dedicated useful idiots that talk about the rich and america as if it were a bad thing. I wish these idiots could be brought back to their childhoods and would be forced to grow up in lets say, Somalia or Mother Russia, maybe China. I would love to ask a large control group of people who talk this crap about America and the rich what they think of our system if they had to grow up and live in one of those country’s. DAMN FOOLS!!!
Report Post »RedHarley
Posted on April 21, 2011 at 8:18amKilla
If you are really from Wasilla, then you must be receiving the SUBSIDY given to Alaskans from the profits of the oil companies. In 2008 that totaled $3200 per Alaskan.
And in YOUR case here is a HANDOUT being paid to an individual who couldn’t get ONE DROP of oil out of the ground if you spent the rest of your life trying…….and I am sure that you are complaining that your handout should be MORE……..
This industry has been vilified by a bunch of whining leftists for too long. Here is a product that takes unbelievable expertise, expense and risk to produce but is also the most taxed product we have. I wouldn’t blame the oil companies if they just said screw it and closed up shop. There comes a point where it is just not worth that hassle.
I can only hope that the gub-ment decides to start taxing whatever it is that your imaginary “business” produces at the same rate that it taxes the products of the oil companies. Then maybe they can take the proceeds from the those taxes to keep helping Brazil to drill…….
Report Post »48
Posted on April 21, 2011 at 8:49am@hstdal
Report Post »Well said. I dont know why these commie wackjobs dont just move to one of these country‘s that already have what they’re looking for.
Ethereal
Posted on April 21, 2011 at 1:26pm@WhiteTeaParty
Report Post »What does that have to do with the CURRENT situation? The baby boomers are all retiring now and the strain on the counrty is going to be great. That may not have been in the front of everyone’s mind back then because the issues werent as dire as they are now and also he was 16 years old at the time. Did you expect him not to accept the payments (or his Mom not to accept the payments?) Do you think he should reconsider the cuts to SS benifits because of what he did when he was 16? Why do lefties always think everything is black and white without shades of grey? This is why your’e policies are short sighted and never work. They only work for a short time until and then you choose to ignore the “elephant in the room.” The elephant YOU created!
Zorro6821
Posted on April 23, 2011 at 7:15amShowtime…….I think your view of the crises is too simplistic. First regarding business and taxes, you are wrong when you stated that taxes don’t affect small business. They certainly do…anything that affects the bottom line, taxes, raw material, insurance etc. has a direct affect on hiring an firing. Businesses know what their margin spread is and that gap keeps shrinking due to the above. Second point..The deficit is so large, that cutting all services and basically going back to the stone age will not balance the current or future budget. The budget as it stands is barely manageable with monetization and record low borrowing rates from our creditors mainly China. That is about to change. Interest rates are creeping up and foreign bond issues are giving better returns to get investment. Countries like Germany, Canada, Australia that have a balanced budget compete in the Bond market and have no fear in raising interest rates as their economies are stable enough to handle it. We are keeping rates artificially low and this cannot be sustained much longer to compete in the world bond market. A 1% rise will be the tipping point that affect our deficit payments and trickle down to the street. The feds can only control; short term rates and you will see long term rates skyrocket. That is when the Sh..t will hit the fan and the gig will be up.. Even when the feds try QE3, 4, 5…..it will not stop the tsunami that is coming. All we can do is prepare. So enjoy the good times and forget about the deficit and let nature take its course.
Report Post »Ibinaround2
Posted on April 23, 2011 at 2:01pmBS Tax cuts DO NOT PRODUCE JOBS, demand does. Bush only had a little more than 3 million jobs created with his 2 tax cuts. Clinton RAISED taxes and had over 20 million…….turn off FAUX.
Report Post »unsalvageable.org
Posted on April 21, 2011 at 1:19amWhere is the civility that Obama demanded? Hypoctites!! http://www.unsalvageable.org
Report Post »Killa From Wasilla
Posted on April 21, 2011 at 1:56amSmall business? A sub-S accounting trick used by corporations to pay less than a middle class family of four? That’s what they are really talking about.
The GOP keeps trying to sell “small business” like it is the mom & pop shop down the street (before Wal-Mart). A “small business” can be a $22 million dollar business.
That is one heck of a lemonade stand! Tax cuts for the upper 1% just make the rich richer and the rest of us suffer.
Tax increases on the upper 1% will still make the rich richer and the rest of our lives a little easier.
Report Post »Imabel2
Posted on April 21, 2011 at 6:18pmKilla – Glad to see you hold an honorary degree for the Moveon.org Institution of absurdity. A little tax info for you. S-Corporations are corporations with one class of stock and less than 100 shareholders. That is the qualification. Now, here is the tricky part, an S-Corporation files a tax return but ready……..an S-Corporation pays no corporate income tax!!! Wow, amazing! See, those greedy rich people, they get all the breaks!! But wait, what happens to all the profits? Do they just pocket them tax free? NO, they get disbursed to its shareholders who pay personal income tax on them! They may save some money in not paying some self-employment tax, but they do pay tax! Why are you and your liberal friends so concerned about how much money a successful business person makes? Wouldn’t your time be better used maybe going to school, working harder or doing something productive to make your life better? Wait, the hard work may get in the way. You are right; it is easier to take money from those who actually produce then to do the work yourself.
Report Post »thepatriotdave
Posted on April 21, 2011 at 1:18amPaul should ask the audience if any of them ever got hired by a poor person?
Need volunteers for Col. Allen West.
Report Post »Contact – editor@americasteapartynews.com
Or http://www.AmericasTeaPartyNews.com
Showtime
Posted on April 21, 2011 at 1:23amWhat’s going on?
Report Post »WhiteTeaParty
Posted on April 21, 2011 at 1:29amPaul Ryan on why he doesn’t want to increase taxes on the wealthy …. “businesses pay taxes individually. So when you raise their tax rates …. that is going to hurt job creation”.
Yeah, there are so many jobs being created right now, you wouldn’t want to hurt that.
We’re still under the Bush tax cuts, where are the jobs ????Does he really think we don’t know the unemployment figures?
Report Post »Does he really think giving more tax breaks to the top tiers will create jobs? …. No, but paying back business and the wealthy for putting Republicans in office is at the top of the Republican Party’s agenda.
cheezwhiz
Posted on April 21, 2011 at 1:33amthepatriotdave
Report Post »Paul should ask the audience if any of them ever got hired by a poor person?
———————————
Its not about logic with lefty drones .
They have been told that raising taxes on the evil rich will make them drones rich too, and they want to get rich NOW .
Killa From Wasilla
Posted on April 21, 2011 at 1:36amTrickle down has never worked.
The theory is fundamentally flawed, and relies on a deistic view of the market as a sentient, self-interested, self-correcting entity. Nothing could be further from the truth.
It’s no coincidence that since GOP became the party of supply-side economics, every Republican administration has left this country in a recession.
Yes, that includes St. Ronald. (Remember the Crash of 1987?)
Report Post »cheezwhiz
Posted on April 21, 2011 at 2:09amKilla From Wasilla
Report Post »Trickle down has never worked.
——
Then explain P1$$y Mathews :D
Miami
Posted on April 21, 2011 at 2:17amWhiteTeaParty
It might be because they pay the majority already…
Bottom line rich people can pick up and leave, by raising their tax’s you reduce the pool and lower the revenue. The answer is to cut out corporate loop holes with a flat or fair tax removing all income tax and get rid of the IRS all together. Limit the safety net to those who need it, no one driving a new car should be collecting food stamps. This way those who need the help can get real help, there is a difference between a freeloader and a truly disable one. I‘m sure you’ve witnessed someone parking in a Disabled parking spot jump out of their car as if nothing were wrong with them. Far to many play the system to the collapse of it.
Who will care for those who need care when the system goes tilt?
Are you willing to give up your freedom for a full stomach or a safe place to sleep?
Just look at the history of Progressive bastions once the systems were implemented, you know Russia, Germany, Argentina, Spain, China, Cuba and now Venezuela. They’ve all collapsed or are in collapse. Without capitalism having been bailed out time and again, the foot notes are spread through history.
It seems as the next generation refuses to learn the lessons of millions of dead and countless horrors. White washing the bloody past does not change human nature or rewrite history foundation, “Power corrupts and total power corrupts totally” and history‘s repeat it’s self…
Report Post »Showtime
Posted on April 21, 2011 at 2:21amWhen everybody is out of work, people don’t drive as much, don’t leave home for vacation, don’t eat out as often, buy less expensive gifts for occasions, do not buy new clothes, cut their thermostats down in winter, don’t cool the house at such low levels as before, don’t buy new cars as often, and spend less on themselves for luxury items.
That eliminates a lot of sales tax. It also lowers the incomes of businesses. It puts people out of business, stops the delivery of freight, and on and on.
NOTHING Obama has done in nearly 2 1/2 years has accomplished any GOOD at all. The more he gets his way, the worse things get.
We got “hope and change,” okay. We hope to get the change by putting the Communist bastard out of office in 2012.
Report Post »thebarbarian
Posted on April 21, 2011 at 5:49am@white tea party or killa
the tax cuts di increase the gov. coffers buy more than 35%. it’s simple . he’s a progrssive and increased spending by mor than 50% .
you see conservatives and libertarians can see this and say it . we oun up to the fact that bush is a screw up fiscally.
the lefist are incapable of this level of honesty when it comes to your messia ovomit.
the difference between the two . bush does actually love America while your precious loves islam.
two very divergent views. as for the economy . this is why real tea partiers/no colors need to be mentioned (only dimwitted fools would bring up color here) are going after the fiscal house and forcing the gov to live up to it’s feduciary responsibilities. so grow up . read , learn and for once listen to the numbers . there is the truth ,do the math . we can’t afford your marxist hell any longer.
Report Post »dakz
Posted on April 21, 2011 at 7:59amKilla From Wasilla
Posted on April 21, 2011 at 1:36am
Trickle down has never worked.
The theory is fundamentally flawed, and relies on a deistic view of the market as a sentient, self-interested, self-correcting entity. Nothing could be further from the truth.
It’s no coincidence that since GOP became the party of supply-side economics, every Republican administration has left this country in a recession.
Yes, that includes St. Ronald. (Remember the Crash of 1987?)
=========================================================================
You are either: not as informed as you think you are, spouting what they tell you to spout, or just looking to get a rise out of people for your own personal jollies. Which is it, because your claims are easily refuted by doing a quick search with that super secret information gathering tool called Google.
http://www.house.gov/jec/growth/prosper/prosper.htm
Specifically:
The percentage of households in the low income category dropped during the 1980s. This group comprised 27.5 percent of all households in 1980, 28.5 percent in 1982, and only 25.3 percent by 1989. As a share of all households, the proportion of those with low incomes became less prominent by the end of the 1980s.
Meanwhile, the percentage of households with incomes over $50,000 jumped from 17.6 percent in 1980 and 1982, to 23.5 percent in 1989. This remarkable increase in the proportion of high income households is another sign of solid income growth.
Notice how the strong upward mobility has affected the middle category. This group comprised 55 percent of all households in 1980, 53.8 percent in 1982, and 51.1 percent by 1989. In this one sense, the middle class did indeed shrink during the 1980s. Is this good or bad?
If the middle class shrinkage had resulted from massive income losses resulting in expansion of the low income group, it would clearly signal that something was seriously wrong. However, a review of the data shows that the reverse was happening. Income gains were pushing a greater proportion of middle class households into the high income category. Of the 4 percentage point reduction in the middle class percentage between 1980 and 1989, all of it is accounted for by net upward movement into the high income category.
Report Post »What Would Jesus Vote
Posted on April 21, 2011 at 5:05pmif you ask any business owner, even the successful one’s, they all cry woe is me i have no money
Report Post »weeblewacker1
Posted on April 22, 2011 at 12:13pm@valricoslas and others: Fox News says “47 percent of Americans don’t pay any taxes”. McCain and Palin said the same thing during the 2008 campaign. Bush’s spokesperson said “50 percent of the country gets benefits without paying for them”. Nonsense. The poor pay a higher percentage of their income for taxes than anyone. They may pay less in federal income taxes, but they pay more in payroll (Social Security) taxes, state and local taxes, gas tax, sales tax, utility taxes, etc.
Rand Paul says “the wealthy do pay most of the taxes in this country” claiming that the rich pay 38% of taxes. But again, he is including only federal income taxes, which is one-fifth of the taxes we pay. Our other major federal tax, payroll taxes, are capped at $106,800 of income, and so are actually regressive taxes where the poor pay a significantly higher share.
The federal income tax rate on the richest Americans may be 38%, but that doesn’t take into account tax shelters and loopholes that let the rich avoid paying taxes. The richest Americans actually have a lower effective tax rate (17%) than the middle class and even the poor (22.5%). And many of the richest pay no income taxes at all, like hedge-fund manager John Paulson, who made $9 billion in two years but paid zero in taxes on it. In more than one year Donald Trump has paid zero in federal income taxes.
The same thing is true of corporate taxes. The next time you hear someone claim that corporations pay higher taxes in the US than in other countries, remind them that while the official tax rate is higher, all those loopholes and tax shelters allow many corporations to pay zero in US taxes. The majority of multinational corporations pay no US taxes. Just recently, GE not only didn’t pay any federal taxes, we gave them money.
Republicans claim to hate taxes, but it looks like they love taxes on anyone except the rich. Reagan signed into law 11 tax increases against the poor and middle class, but called them “revenue enhancers”. Bush Sr. broke his ironclad promise to never raise taxes on anyone by raising taxes on children (seriously). Just four months ago, Republicans raised taxes on the least rich one-third of Americans by repealing Obama’s “Making Work Pay Credit” while at the same time demanding that tax cuts for the rich be extended. They also changed Social Security taxes, raising them for the poorest Americans while lowering them for the richest.
UPDATE: Michele Bachmann repeated the claim that the top 1% pay 40% of all federal taxes; PolitiFact rated her statement False for the same reasons given above.
Report Post »from: POLITICAL IRONY thanks!!
CatB
Posted on April 21, 2011 at 1:18amPeople always want the “other guy” to pay more taxes. It hurts the middle class when you raise taxes on small businesses … that is who these taxes hit .. the very rich can afford lots of accountants and tax havens … it is the people who are trying to grow a business and get ahead and hire employees that these people are “against”.
Report Post »WhiteTeaParty
Posted on April 21, 2011 at 1:25amPoor Paul Ryan (not). I bet he was surprised that his own party constituents think he is full of bull puckey.
I am glad that people are starting to wake up. I laugh when I think of the Tea Partiers with their signs saying Keep Your Hands off My Medicar during the health care debate last year.
Look what the Republicans are trying to do to you now!!!!!
Killa From Wasilla
Posted on April 21, 2011 at 1:33amOh give me a break, who do these idiots think they are fooling???
One more time—-I own a small business. I don’t hire more people because my taxes went down. I hire more people when the demand for our services and products goes up.
Taxes do not drive the size of my company—my customers’ demands do.
Do you have to go to Harvard to figure this out. This guy is full of it.
Showtime
Posted on April 21, 2011 at 1:34am@WhiteTeaParty
Posted on April 21, 2011 at 1:25am
Poor Paul Ryan (not). I bet he was surprised that his own party constituents think he is full of bull puckey.
I am glad that people are starting to wake up. I laugh when I think of the Tea Partiers with their signs saying Keep Your Hands off My Medicar during the health care debate last year.
Report Post »Look what the Republicans are trying to do to you now!!!!!
~~~~~~~~~~~~~~~~~~~~~~~~~~~
Nice try. It was Pelosi who tried to start the chant “Hands Off My Medicare,” not the Tea Party. The conservatives do not want Communism, Marxism, Socialism, or Progressivism. There was slavery 150 years ago, and there will be slavery again if Obama succeeds. I wish you were smart enough to see through him. We do.
That’s not all you have screwed up.
Showtime
Posted on April 21, 2011 at 1:36amGood explanation, CHEEZ!
Thanks.
Report Post »cheezwhiz
Posted on April 21, 2011 at 1:36am@ WhiteTeaParty
Is that half a TRILLION dollars cut in medicare still there in the Obama-scare law ?
Showtime
Posted on April 21, 2011 at 1:38am@WhiteTeaParty ~
Let’s try again.
From the story that you did NOT read:
Too bad these leftist idiots don’t know more about economics or we wouldn’t be in the place we are today.
Tax cuts have always worked to build the economy.
During the Bush years, despite the 2000 Recession, the attacks on 9-11, the stock market scandals, Hurricane Katrina, and wars in Iraq and Afghanistan, the Bush Administration was able to reduce the budget deficit from 412 billion dollars in 2004 to 162 billion dollars in 2007, a sixty percent drop. In 2004 the federal budget deficit was 412 billion dollars. In 2005 it dropped to 318 billion dollars. In 2006 the deficit dipped to 248 billion dollars. And, in 2007 it fell below 200 billion to 162 billion dollars. During the Bush years the average unemployment rate was 5.2 percent, the economy saw the strongest productivity growth in four decades and there was robust GDP growth. This was due to the Bush tax cuts.
Report Post »CatB
Posted on April 21, 2011 at 1:39amWTP
You do understand (probably not) that raising taxes decreases amount collected….. it has been proven over and over … JFK .. knew that.JFK cut tax rates. What we need is a flat tax .. where EVERYONE pays something ..then they will care about the WASTE .
************
“But perhaps Barack Obama understands this. In 2008 he told ABC’s Charlie Gibson that he wanted to raise capital gains rates even if the government got less revenue because of “fairness.” Evidently he likes taking people’s money away. What he doesn’t explain is why this makes anyone better off.”
Read more at the Washington Examiner: http://washingtonexaminer.com/politics/2011/04/mr-obama-taxing-rich-wont-increase-revenues?sms_ss=twitter&at_xt=4daef527e21807d5,0#ixzz1K8KHVwdX
AzDebi
Posted on April 21, 2011 at 1:42amOFF TOPIC (once again)…Video well worth your time:
Shariamerica!
http://www.youtube.com/watch?v=ErzxOz3Dzv8&feature=player_embedded
Report Post »Showtime
Posted on April 21, 2011 at 1:45am@Killa From Wasilla
@WhiteTeaParty (and any other name you’re posting under)
Posted on April 21, 2011 at 1:33am
Oh give me a break, who do these idiots think they are fooling???
One more time—-I own a small business. I don’t hire more people because my taxes went down. I hire more people when the demand for our services and products goes up.
Taxes do not drive the size of my company—my customers’ demands do.
Do you have to go to Harvard to figure this out. This guy is full of it.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Paul Ryan has more economic intelligence in his little toenail than you “two” have put together.
Killa From Wasilla
Posted on April 21, 2011 at 1:55amThat video speaks volumes. Ryan lied (Kyled) about Obama’s plan to tax the wealthy at a 44% tax rate to put the scare into his constituents but they were having none of it. If these are the people who voted him in as a congressional rep, his days are numbered.
The people are not happy with him and the booing has only started.
PATTY HENRY
Posted on April 21, 2011 at 1:57amI want a FLAT TAX …no more garbage about 47% of the people in AMERICA getting a free ride!!!! NO more of them getting “refunds” when they bloody well didn’t pay ANY TAXES.
WHO cares how rich some one is???? 97% of them started out POOR and made it RICH because of the AMERICAN SYSTEM of FREEDOM… WE WANT EVERYONE TO BE “RICH”.. (I prefer RICH IN FAITH; RICH IN FAMILY; RICH IN CREATIVITY…but RICH rather than poor anyday)
SO why doesn’t someone introduce the FLAT TAX back in… kill these BILLIONS we’re now having to spend in tax accountants (about 28 B a year, right?) and the BILLIONS we have to spend in AUDITORS for the IRS…. and everyone pays a FLAT TAX. Make it 15% or 10% or whatever BUT NEVER LET IT GET OVER 20% …. and IT is on everything you make. YOU MAKE $ 200,000…your tax rate is $ 20-40K ….YOU know it, the GOV knows it and you KNOW what you can “KEEP” and invest in hiring a person or two. YOU MAKE $ 1M you pay $ 100K or 200K and you know what you can “KEEP” and invest in other things or hiring more people.
FLAT tax is the ONLY THING that makes sense. IF it costs someone TOO MUCH MONEY to make what they make, then they need to change the way the do business or change jobs…but a FLAT TAX will end all of this nonsense. AT THE SAME TIME…the FEDS need to agree to a BALANCED BUDGET with RESERVES for “KATRINAS” and “9/11′S“ ”Tornadoes” etc. WE need to fund our MILITARY; OUR INFRASTRUCTURE and we need to quit taking money FROM THE STATES TO WASHINGTON to dribble away with some half-a. bureaucrat and then dribbled back to the States.
WE NEED A STRONG, PRECISE PERSON IN DC. WE NEED PALIN WITH TRUMP as SEC of COMMERCE.
I AM SICK TO DEATH of BUSINESS AS USUAL. RYAN handled these people just fine and he is telling the truth…but we
need
a
flat
tax
now
gambit5555
Posted on April 21, 2011 at 1:59amAs a firm conservative, I hate to say it but everyone, every single person in this country, is going to have to share some of the burden. Medicare, Medicaid, Pell grants, Department of Defense, you name it, it is going to have to be cut. We cannot keep doing it. We, as a country, are like that kid when he first gets in college, and he gets that first credit card, and he spends until its full, and then he applies for another one, and spends til its full, and again, and again, Republicans may have to be the bad guys here, we may have to be the ones who say “ no more credit cards” until we’ve paid our bills. This country has become insane with our spending, to the point where I think we need therapy. And nobody wants to be the first to stop.
Report Post »Killa From Wasilla
Posted on April 21, 2011 at 2:05amThe polls are in and the Ryan’s plan is now officially called
“Coupons for Cancer”
Report Post »Zer0
Posted on April 21, 2011 at 2:10am@Killa,
I’m impressed that you actually sound like you have at least rudimentary knowledge in economics. I cannot get in an in-depth debate of Keynsian vs Supply Side vs Unfettered Capitalism/Free Market, but allow me to address one point you made:
“One more time—-I own a small business. I don’t hire more people because my taxes went down. I hire more people when the demand for our services and products goes up.
Taxes do not drive the size of my company—my customers’ demands do.”
Granted demand is what drives your business’s growth, not tax cuts, but I believe the GOP position (maybe different than Ryan’s) isn’t necessarily that tax cuts grow businesses, rather that tax increases, increase overhead thus harming business growth. Most small businesses, especially during The Great Recession, cannot afford anymore cost increases. I cannot remember who it was, but I agree about the subsidies portion of the Ryan Proposal is a terrible idea (I am against ALL subsidies).
Report Post »Thatsitivehadenough
Posted on April 21, 2011 at 2:10amDidn‘t any of you dingbats see the charts a couple of weeks ago that showed that no matter how much more they taxed the wealthy it wouldn’t make a dent in the debt? It’s the spending that has to stop.
I think this meeting was full of progressives. Otherwise, how and why did/would Think Progress post it? Although, at least the crowd was pretty civil. What a refreshing change from the rest.
Report Post »bullcrapbuster
Posted on April 21, 2011 at 2:22amKilla said: “One more time—-I own a small business. I don’t hire more people because my taxes went down. I hire more people when the demand for our services and products goes up.”
Report Post »I doubt that you own a business, If your taxes go up the price of your product goes up and when the price of your product or service goes up the demand goes down. Fewer customers mean less profits ,less hiring, expansion etc.Also when your prices go up it makes products from other countries more attractive. Multiply it all by a few million small business’ and any normal person can understand the foolishness of raising taxes. Lower taxes and the converse happens. Do I need to explain it one more time?
Miami
Posted on April 21, 2011 at 2:28amKilla From Wasilla or buckwheat?
If people have more disposable income, some of that income may find its way to your products and your extra income can go to producing more of your products. Making you more money eventually enlarging your work force to keep up with production and demand. You know the free market if you don’t understand that, you don’t know the basics of business…
Oh yeah and a liar…
Report Post »bikermama
Posted on April 21, 2011 at 2:36amwhy does everyone always look to the Bush tax cuts historically to see that cutting taxes works? Go back some folks you want a good arguement. The depression of 1920 and how Harding pulled this nation back from the brink with tax cuts. Do some research, you’ll never win an arguement with the idiots on the left by bringing up Bush, once they hear his names they stop listening to the arguement. What Harding and Coolidge did in the 20′s was unbelievable. Check’em out. OH, a GOOD history source: Conservapedia.com
Report Post »hstdal
Posted on April 21, 2011 at 2:57am@WHITETEAPARTY…. You’re an idiot. I guess your liberal a** is trying to be funny like tea partiers are all white. When old people and idiots are told there freebies are about to be taken away then they get scared. I personally think the Republicans should hold hard and get deficit and budget deals built in with the debt ceiling, however, I would hold hard to the bulk of Ryan’s budget but offer a small compromise after the debt ceiling issue by showing eliminations in write-offs but go ahead and simplify the tax code AND have a slight increase in taxes on the top 5% of the country. Nothing like NObama is suggesting (44%+) but an extra 2%-3.75%. This would show people that they do hear the people and will respond to what the people want, UNLIKE DEMOCRAPS. They should also compromise by reducing defense spending by 10%. This would be huge and would take the wind out of Obama’s and the democraps sails!!!
Report Post »DANO509
Posted on April 21, 2011 at 5:14amHey leftist commie scum please note and read the following it is your agenda.
The Communist Manifesto 1. Abolition of private property.
2. Heavy progressive income tax.
3. Abolition to all rights of inheritance.
4. Confiscation of property of all emigrants and rebels.
5. A Central bank
6. Government control of Communications and Transportation
7. Government ownership of factories and agriculture.
8. Government control of labor.
9. Corporate farms, regional planning.
10. Free education for all children in government controlled schools
Control ,control ,control ,control
Report Post »thebarbarian
Posted on April 21, 2011 at 5:32am@ killa in wasilla
part true about taxes. but take into consideration lag time .when in a depressed economy people get behind. to lower taxes will not positively effect economy is short tem . in fact it may hurt it for a short period of time. the supply side econ was first theorized, then put into practice around the late 14th century. it proposes that when the individual has greater control over ones oun finances the indivudals proserity will transfere to the goverments coffer. this has been shown to be true thoughout it’s history. this goes against the marxist practice of theft ( redisribution rr the forced taking/theft of wealrth/property of the producers in order to prop up the inept ) when employed to a recover an ailing economy it first must go through a transition phase
this phase is marked by higher financial power at the base. this is due to lower taxation thus more money which is power/wealth/and resources to the individual. however once the equalization/recovery period is over the susequential growth will lead towars higher demand for products/production. this in turn leads to hireing to meet the demand . then the raising of capital for the goverments coffers. this method is not what the left referes to as trickle down. it is in fact base structure moveing up.
you -recover your financial house
you can purchase more / out of debt and greater buying power due to fact you keep more of what you earned
this in turn cases demand for goods to rise
acuses demand for products.
causes demand for greater labor force
causes economic base to expand
causes more people to go into work force
causes greater tax base
causes enlargement of gov. coffers.
not trickle down but base up
lower taxes on everyone, and close the loop holes along with simplifing the tax code to make economic stability aids in the sreation of jobs.
it’s only a philisophical question at this point. do you believe that you are of feeble mind/charictor/and body or do you belive in the individuals ability to learn /adapt/and grow.
Report Post »Polwatcher
Posted on April 21, 2011 at 5:51amIi’s better to work for a rich guy…you get paid.
Report Post »legendarytwo
Posted on April 21, 2011 at 6:20amHouse repubs whine about not having the leverage to force many cuts since they control only 1/2 of 1/3 of the government. They sure had the power to extend the tax cuts for the wealthy, hummmm. I guess dem leaders must really be for the wealthy tax cuts while preaching they are against it. I wonder if that is because they are stealing from the hen house and have become rich. our leaders are like WWE wresting. Friends behind the curtain, adversaries on stage.
Report Post »hifi74
Posted on April 21, 2011 at 6:33amKilla from wasilla,
I own a small business, and I can assure you that if I am being taxed at that lower rate I will be kore inclined to take the risk to bring on more people and spend more on expanding my company. But we have seen that isn’t what you and people like the idiot unchief want anyways, they want a group of sheep like you that is beholden to the government. No thanks piss off, if you don’t like my great country go somewhere else a d leave this alone so my kids can enjoy their god given freedoms.
Report Post »avenger
Posted on April 21, 2011 at 6:35amthe radical class warfare agenda seems to be working with the dummies….
Report Post »Patrick Henry II
Posted on April 21, 2011 at 7:11amThat was so faky fake. Give me a break. It was a socialist democrat spokesman. Obvious.
Report Post »markamerica
Posted on April 21, 2011 at 7:23am@KillaFromWasilla:
So, you say your customer demand, and not lowered taxes, drives your hiring decisions. What do you sell? Because here’s the problem, speaking of people who don’t understand economics: Taxes help drive the question of demand.
Who are your customers? Are they middle-class sorts, or other businesses, or what, exactly? (This is why it would help to know what you sell, whether it’s a service or good, or whatever.)
You see, if your product/service is something that people can live without when times are tight, then taxes very much may affect your hiring decisions, albeit indirectly. If your customer base is squeezed by taxes, they may abstain from purchasing your goods/services altogether. Lightening their tax burden may well make the purchase of your goods/services viable again. This, in turn, would likely affect your hiring decisions, by your own declaration that demand is the key to your hiring decisions.
To say “tax cuts don’t affect my hiring decisions” is as short-sighted in thinking as the farmer who says the weather forecast doesn’t affect his planting decisions.
This being the case, I wonder about what sort of business you’re in, who your customers are, and how you’ve survived this long.
Mark
Report Post »streetrodder
Posted on April 21, 2011 at 7:37am@Killa from wasilla. Why don’t you tell all of us the name of your business and where you are located. I doubt you will because you don’t want to loose any business.
Report Post »RedHarley
Posted on April 21, 2011 at 7:39amI can;‘t believe that Paul Ryan didn’t educate these people on the facts about who pays personal income taxes in this country.
From 2008 IRS data:
Top 1% paid 38% of the total personal income taxes.
Top 5% paid 58% of the total personal income taxes.
Top 10% paid 69% of the total personal income taxes = income threshold of top 10% = $113, 000. Hardly the filthy stinking rich RICH…..
So 10% of the country is paying about 70% of the income taxes……
Yeah, that seems fair.
With seniors thinking like this group, and the fact that now cash handouts from the gub-ment now EXCEED the income we are DOOMED…….
The left has succeeded in creating a such a huge dependency class that will never vote to have THEIR handouts taken away.
“U.S. households are now getting more in cash handouts from the government than they are paying in taxes for the first time since the Great Depression.
Households received $2.3 trillion in some kind of government support in 2010. That includes expanded unemployment benefits, as well as payments for Social Security, Medicare, Medicaid, and stimulus spending, among other things.
But that’s more than the $2.2 trillion households paid in taxes, an amount that has slumped largely due to the recession, according to an analysis by the Fiscal Times.”
marhee9
Posted on April 21, 2011 at 7:40amAmazing how out of touch so many Americans really are. These people have no clue how the tax system really works. http://www.youtube.com/watch?v=NG-QQ9eQKZE
Report Post »SgtBarrett
Posted on April 21, 2011 at 8:19amSo if I own a small business and I am paying $15,000 more in taxes this year than I was last year, does anyone really think I am going to have the same number of employees? Am I really going to be able to afford the same quality materials for my products? Of course not. Im going to get cheaper products and lay off someone.
Report Post »Everyone suffers when a bloated government takes more and more money from those who create jobs. It‘s not jut good math it’s reality.
48
Posted on April 21, 2011 at 8:29amRaising taxes on anyone will do nothing, it’s just another way for the democrats to get their hands on more of our money. How they can even suggest raising taxes before cutting spending is unbelievable. The republicans better buckle up while we still have a chance.
Report Post »DTOM_Jericho (leaving PA)
Posted on April 21, 2011 at 9:00amThis moron could barely get out the word “statistically. Statistically he is just reading progressive, revisionist history. Funny he doesn’t mention the depression of 1920-1921; how Coolidge cut tax rates in 1924, 1926 and 1928. He also cut spending. Oddly since tax cuts “statistically” never work, we refer to that time period as the roaring 20s. The great depression by in large, was caused by the exact same thing as today; wall street and banks. (i.e. Democrats)
If Paul Ryan’s own district is so poorly educated that they are going after progressive (Wilson) taxes. We are already completely hosed.
Report Post »cessna152
Posted on April 21, 2011 at 9:03amIt is a spending problem… Period… End of story!!!!!!
Report Post »NYSTREETKID
Posted on April 21, 2011 at 9:12amThe new tea party. Not here,Not me,I didnt do it, The left comes out and says I want to take you wealth and give it to other. Straight up truth on their part. We on the right talk a lot,but still we want them to take it over there ,not here. from him ,not me. if you got a refund check thank a rich person. if you got child credit, thank a rich person. 85% of us get most if not much more back at the end of the year then we pay. Thanks to the heartless rich. I am dirt poor and I look up to those whom made something from nothing.I never got a job from a bum. Thank you trump,Ford,westenhouse,getty,forbes, how many millions of jobs and dollars did they make for others.If the middleclass think that they really pull the boat, dont ask for a return check. pay your fair share.
Report Post »kwatch
Posted on April 21, 2011 at 9:14amHas anyone checked into how many of these people were bussed in? We outnumber the uneducated people who won’t do their homework nor listen to the ideas. Sad but true, because if they would sit down and reserch they would know what is right, instead they just do what as told. We know this is their game to just be loud so we, and I am sure Paul Ryan are prepared for this nonsense.
Report Post »TexasCommonSense
Posted on April 21, 2011 at 9:21amAzDebi, yes that was a very insightful video. I encourage everyone to watch it.
Report Post »JayCee
Posted on April 21, 2011 at 9:37amToo bad economics is not part of the core curriculum throughout grades 1-12.
Report Post »The most expensive commodity we have in this country is ignorance.
FansLogonDOTcom
Posted on April 21, 2011 at 9:39am@ Killa From…
Your rhetoric gives you away: you either don’t own a business (my guess) or you’re about to go belly-up because you don’t understand how taxes impact decision-making and the economy.
@ WhiteT…
==>> HERE’S THE DEALIO:
Your Leftist extremist questioner at the town hall said “During this time of prosperity, the top 1% was taking about 10% of the total annual income.. (yadda, yadda)”.
But guess what? That SAME TOP 1% PAYS ***38.02%*** OF THE TOTAL TAXES confiscated by the government. (see: http://www.taxfoundation.org/news/show/250.html) Hmmm, I thought all of you radical Leftists extremists are all about “fairness”?!
Since, as your Leftist extremist buddy so proudly stated, “the Top 1% have 10% of all annual income”…. WHY don’t the Top 1% just pay 10% of all taxes? After all, wouldn’t that be “fair”? And why are the Top 50% paying 97.30% of all taxes confiscated? Gee, that doesn’t seem to be “fair”?
Please do reply to give us your radical socialist/commie/Marxist propaganda and flat-out lies.
Report Post »jzs
Posted on April 21, 2011 at 9:47amGateway Pundit says George Bush reduced the deficit? That is nonsense. The deficit increased 7% in his first term and 20% in his second:
http://en.wikipedia.org/wiki/National_debt_by_U.S._presidential_terms
Job growth was less that population growth under Bush, and tax cuts did absolutely nothing to improve that. And in case you’ve forgotten, the US fell into the worse recession since the Great Depression during Bush’s last year in office.
I hate use the word “lie” because it’s all to commonly and incorrectly used here. But if you think the economy was good under Bush, then you should google “economy or deficit under Bush.” I haven’t read so much crap packed into a single paragraph in my life.
Report Post »techengineer11
Posted on April 21, 2011 at 10:06amPATTY HENRY: I’ve been a Conservative all my life mainly because of social issues but going back 20 years I remember being stimulated by the “flat tax” idea simply on the grounds of principle. I always hoped that the Republians would be sucessful in promoting that idea but as a collective they never ran with it.
Now we are in trouble over this issue. Big trouble. This issue will lose us another election if not addressed appropriately. Eventhough my views have changed somewhat on the issue of taxes as recently as over the past 5 years (No longer accept the Myth that the Rich earned their Wealth) I believe the Republicans better save face here by accepting a modest increase on the top bracket over period of say 5-10 years while aiming towards a flat tax with no deductions for all at the end of the 10 years.
I swear if the Republicans remain intransigent on this issue they will have succeded in finding a way to lose another very winnable election! And losing another election may not even be the biggest issue with all of the social strife brewing in the country!
Report Post »encinom
Posted on April 21, 2011 at 10:22am@Showtime,
Taxes were higher in the 1950′s nearly 90% for the uppermost wage earners, the US saw a boom of economic growth. Taxes were higher in the 1990′s we ended the decade with a budget surplus and the creation of a new industry. Stop with the lower taxes bs. We are in this mess because of the tax cuts and it is perverse to continue to extend to burdens to the middle anworking classes whili giving the benefits to the wealthy.
Report Post »DTOM_Jericho (leaving PA)
Posted on April 21, 2011 at 10:57am@Encinom.
The prosperity of the 50s was based on INDUSTRY which spiked in the 40s due to WWII. As for the 90s; which fed off the robust market of the late 80s:
Reagan reduced taxes(5% in 1981, retroactive; 10% for 1982; 10% for 1983) and we flourished. Clinton raised taxes RETROACTIVE. I live and worked through this it was not good and stalled the market thus the congress got cleansed. It did not accomplish what even the Dems wanted.. The surplus you speak of was not because of Clinton. He was a failure.
The balanced budgets of the Clinton regime occurred after a Republican Congress passed the 1997 tax bill that Clinton then signed(reluctantly) Capital gains rate were lowered from 28% to 20%; also higher limits on tax exclusion for IRAs and estates were passed. The tax bill added a child tax credit. Thus, LOWERING taxes spurred the already robust market (pre-Clinton) that Billy boy stalled. You sir are either a liar or brain-washed. I’ll let you choose.
Report Post »weeblewacker1
Posted on April 21, 2011 at 11:10amare you kidding me???? gateway pundit??? are you on acid?? how in the hell did you come up with those numbers?? right out of your bee-hind? my god!! the brass ones on this dude!! well,if you don’t count the cost of the 2 wars,one of which is/was illegal,not counting the prescription drug plan that was unpaid for,REALLY?? at least Obama has the guts to put the costs of these into play.what about bush’s bail-outs of G.M. and the others?? and A.I.G.? bush started that.then why are we in the mess that we are in? i suppose the whole world economy just went poof!! the day Obama was elected.
Report Post »now as for this other idiot,ryan, if you look close enough,you can see his pants burning.you just don’t cut gov.spending to get out of dept,you need to raise more money to go along with it.if it was a family thing,you would go out and get a second or third job,if your a gov.you raise the taxes to go along with the cuts.but in his little world,if your a family trying to get out of dept,you would cut costs,and then quite one of your jobs.makes a whole lotta sense don’t it? social-security is fine for the next 30 years at least! although the problem does need to be addressed,it is not that big of a problem,for one,raise the cap!! duhhh!! a $87,000 cap is not enough.make it $250,000. as for the cuts themselves,talk about shooting yourself in the foot? look at what they want to cut,the U.S. patent office for gods sake.how in the hell are new U.S. products and innovation supposed to get started by making people wait for now it is up to 4 YEARS to get a patent!!! it used to be around 16 months,which was still way too long.cut this office more,and you will be waiting for god knows how long.already,we are loosing billions and billions of dollars just by the long wait.If the republicans are so pro small business,why do they want to cut this? seems like they would want to fund the hell out of it to get new jobs going.and that is just one small thing. I do have to say i am happy to see that what is it up to now? 85% of americans DISAGREE with ryan on his little make the rich richer,screw the middle class(again) plan. he looks like he is going to be job hunting in a few years. maybe he can get back on social security,like he was when he was younger.
o.k had my little rant,go ahead,have at me. BUT, LOOK,THINK, before you yell cut this!! cut that!!
dalebrendan
Posted on April 21, 2011 at 11:12am@WhiteTeaParty
You user name alone demonstrates how non-existent your concept of facts truly is–let alone your horribly ignorant posts. Come on now, you can do better.
Report Post »Sgt.Crust
Posted on April 21, 2011 at 11:27amugh, you leftist prigressive liberal trolls dont get it at all, and never will, sadly the one brain cell you were born with is defective.
Report Post »banjarmon
Posted on April 21, 2011 at 11:30amSimple FIX….STOP THE SPENDING!!!
Report Post »FansLogonDOTcom
Posted on April 21, 2011 at 11:50amRE: US National Debt (since 2000) – I found this graph at the Washington Post (which leans Left in their reporting):
http://www.washingtonpost.com/wp-dyn/content/graphic/2009/03/21/GR2009032100104.html
SUMMARY: In the first independent analysis, the nonpartisan Congressional Budget Office concluded that President Obama’s budget would rack up massive deficits even after the economy recovers, forcing the nation to borrow nearly $9.3 trillion over the next decade.
Report Post »FansLogonDOTcom
Posted on April 21, 2011 at 11:54amForgot to mention… RE: US National Debt chart (since 2000)
Notice what happens after 2012. Hey, 2012?… isn’t that the election year? Hmmm, must be a coincidence. Weird.
Report Post »swenk
Posted on April 21, 2011 at 12:20pmI’m a small biz owner and just barely got thru the past couple years… by the “skin of our teeth” . After much hard work we are getting back to being in that “rich category”- over $250 k- and if we had more tax than we all ready pay now, it’s not a question of hiring more or not… it’s a question of staying in business. Higher taxes would put us out of business at this point… we’re at the end of our credit… just starting to pay it down.
Report Post »VegasGuy
Posted on April 21, 2011 at 12:35pmI agree with the others. Implement a flat tax. Let everyone have some skin in the game and do away with the us vs. them bickering. The bickering is destructive on so many levels.
Report Post »I Love Section 8 Housing
Posted on April 21, 2011 at 1:09pmGood Job town hall nutjobs. Be consistent and give it to both sides.
Report Post »blacksmith
Posted on April 21, 2011 at 2:48pm@ Patty Henry
Report Post »Why would the government need to keep a reserve for hurricanes,tornados or floods? I do not live on the beach or a tropical parsdise so what is the purpose of my tax dollars going to help the people that choose to? I pay for my own insurance to cover me and mine if a disaster should occur. I don’t have much sympathy for people that stand in water up to their ankles holding signs or screaming “Help Us”. The progressives are great believers in ol’ Chuck Darwin until the survival of the fittest involves their lack of ability to survive. I do not want to be forced to be my brothers keeper. I can do this by choice if I choose to.
LennyTheComputerGuy.blogspot.com
Posted on April 21, 2011 at 4:51pm@Killa From Wasilla
Posted on April 21, 2011 at 1:33am
Oh give me a break, who do these idiots think they are fooling???
One more time—-I own a small business. I don’t hire more people because my taxes went down. I hire more people when the demand for our services and products goes up.
Taxes do not drive the size of my company—my customers’ demands do.
Do you have to go to Harvard to figure this out. This guy is full of it.
——————————–
Don‘t you realize that businesses don’t pay taxes, people pay taxes???
Lets look at a few examples.
Say you pay yourself $100,000.00 a year and all things stay the same except your business’ taxes go up by $50,000.00 a year but your income and other expenses stayed the same. Do you cut your income by $50,000.00 to pay the taxes or do you raise your prices by x per unit sold to make up the $50,000.00 or do you lay off two $25,000.00 employees? If you keep your income the same and don’t lay off any employees, then you have to raise prices to cover the taxes… since taxes is just one part of COGS (Cost Of Goods Sold)…. so ultimately, it’s the customers who are paying a businesses taxes, not the business. The business is just collecting the taxes for the Feds just like they collect sales and payroll taxes for the various goverment entities.
Now, if all businesses are getting hosed… oops.. I meant taxed at a higher level, then they all have to raise their prices to cover the taxes so now, all of a sudden, people have less disposable income to spend since they‘re paying higher prices for everything and now they can’t buy as much of your product any longer so your taxes are higher and now you have less sales so you have to end up laying off employees, not hiring more employees… unless you think your sales are going to go up proportionately with the amount of the taxes that have been taken from your business… and there aren’t many businesses that can raise their prices too much and see their sales go up proportionately… especially when thier customers have less disposable income to spend. Gas stations are starting to see that happen to them right now.
Lenny Vasbinder
Report Post »http://lennyvasbinder.blogspot.com
Multita S. King
Posted on April 21, 2011 at 5:20pmIf KILLA had a real business, he would not have the time or energy to hang out here and post. Maybe his business is immigration lawyer or somesuch. A real entrepreneur would understand that lower taxes put more dollars in customers’ pockets thereby increasing demand and in turn creating a need for more FTEs
Report Post »OhSuzieQ
Posted on April 21, 2011 at 6:19pmTax the hell out of the Fed!
Report Post »valricoslash
Posted on April 21, 2011 at 10:08pmForty three percent of all workers pay absolutely no taxes on their incomes whatsoever. In fact many get money back that they didn’t even get witheld. This is income distribution, which is the first commandment of the leftest democrats and our president. I firmly believe that as citizens of this great country tht we all should share in the tax buredn, even if it is only a few dollars. There needs to be a flat minimum tax of maybe 1-2 percent so that everyone pays something. If those 43 percent each contributed $200 – $300 a year (not very much) that would only equate to about $8.50 to $12 a paycheck. Yet it would be billions in revenue to the government. Why should the rich or eventhe middle class pick up the entire tab when it comes to taxes? Its time for the “takers” to be “contributers” as compensation for the freedoms that we “all” receive from this great country.
Report Post »Zorro6821
Posted on April 22, 2011 at 5:26amI think Paul Ryan’s heart or political ambitions are in the right place, however the reality is that the Budget crises cannot be fixed, we have passed the tipping point quite some time ago. The current deficit will never be balanced. Numbers do not lie. So why create unnecessary pain when in the inevitable is clear . Let the good times roll as long as we can, because when all come crashing down, and it will….the deficit will will be fixed the hard way and only way. The ones who were not prepared, about 95% of the population will lose all their lif’s saving and retirement as the dollar will be worthless. So folks stop depending on the government to come up with a solution. You the people must take steps to protect your future. I agree with Glenn on this. When the Soviet Empire collapsed not too long ago, monetarily it happened overnight. The currency was devalued overnight and the cittizens lost everything. Today the Soviets do not save or have Bank accounts because they know it can happen again.
Report Post »jzs
Posted on April 23, 2011 at 9:37pmKilla From Wasilla said, “One more time—-I own a small business. I don’t hire more people because my taxes went down. I hire more people when the demand for our services and products goes up.
Taxes do not drive the size of my company—my customers’ demands do.
Do you have to go to Harvard to figure this out. This guy is full of it.”
Killa would repost this every few days? I don’t own a business but I work for one. We only hire people when we simply can’t meet customer demand any other way (we don’t lay off people either, never have in 50 years, not once). Companies don’t hire people as you point out, because they’re making more money, they hire people only to meet customer demand.
As you know. As I know, as every business owner in the world knows. The “job creators” don’t hire until demand for their products increases.
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