The Healthcare is an abomination, costs more than it fixes, and passes on the buck to the middle class that pays for healthcare and subsidizes that dont pay for it.
The Tax cuts are to start projects, raises, job creation.
You know, the things that Obama has tried to stop for the last 2 years.
Actually most public networks, including CBS, are geared towards Americans with a elementary school education, they know anything that requires analytical thinking will negatively effect their ratings. Half the nation doesn't like to think, they rather have the government do thinking for them.
Do people think that the rich hoard their money in matresses?
NO, the rich either spend their money goods and services or they invest it.
Raising taxes will cut spend and reduce captital that business need to stay afloat. Investment capital is a lot cheaper and faster to get from investors than over-regulated banks. Raising taxes during an economic downturn is foolish idea.
A lot of this so-called small business is very large business taking advantage of pass-through provisions in the tax code to shield this mega firms from paying taxes. Most are Chapter S corporations and are taxed individually as investors. Some never pay a dime but put their money in tax shelter and defer other taxes for up to 20 years. Pence's proposition is pure malarkey and is designed to protect the rich at the expense of the middle class and the working poor.
@bajajohn1: If S-corporation didn't pay taxes before, they don't pay taxes now, so they won't pay taxes when tax cuts expire - so what's you're point? Nothing is on the floor to change this.
But since we're on the subject of unintended consequences of foolish ideas. There are approximately 15 million American seniors that primarily live off dividends income to supplement their SS check, yet they'll be taxed at 35 and 39.6% in 2010 and 2011, regardless of what tax bracket they are in. Many seniors nest eggs have been devastated by this economic collapse and haven't yet recovered, medicare funding has been cut, nothing has been done to slow down medical cost, the government ignores their needs, and now they're dividends taxes are going from 15% to 35% January 1, 2010.
Hasn't grandma sacrificed enough already? Obama threw her under the bus already, will Americans support running her over?
I make overy $1,500,000 each year and if Obama raises my taxes I am firing the butler and two landscape employees. Boy, that tax increase really helped create some new jobs didn't it? It will cost three people on my payroll their jobs.
Get real people. The poor don't create jobs, the successful people do.
If you cut my taxes everyone on my staff gets a 5% raise.
YOU CHOOSE, WHICH ONE WOULD YOU THINK HELPS OUR ECONOMY.
I will trade you tax cuts for the rich, for taxes on American Corporations manufacturing their products off shore. The taxes for off shore manufacturing must be steep.
I do not think Obama has had enough time to fix the economy yet. This was a very bad recession. Let's give the dems two more years. We must have patience, nothing happens overnight.
Vote Democrat and Enjoy the TAXATION INFLATION AND CONINUED TAKEOVER OF FEDERAL GOVT. Ethics ! HA! that is laughable.! Waters in Trouble-Franks involved - Raines w Freddie Mac ran out the Backdoor with his $Millions before they could fully look over the 2-3 sets of "books" but hey =Who cares if the Housing Market Crashes and Millions are put in the street and out of Work= isn't that all part OF THE SOCIAL JUSTICE? Who wrote the VERY WORTHLESS FAILED Stim-U-LESS ? Why is an outside Group and George Soros Pundits Controlling the White House and The U.S.? To demonize and European-ize (Social-ize ) the US and then we get Healthcare Takeover =oh i mean Reform. Really . Where is the Reform other that Creating Massive Controls by the FEDS and IRS to check on you . Sickening.
Shhhh the morons are too busy blaming the republicans and completely ignoraing that Fannie and Freddie was all democrats doing and IT was the culprit in the financial crisis... not banks.
And while banks and GM pay back loans and TARP... fannie and freddie take 10s of BILLIONS more... have taken the largest portion ar tarp... have paid back nothing... and probably never will.
Has ANY TEA PARTY SUPPORTER sent back a social security benefit check? Has any Tea Party supporter declined medicaid during their hospital admission? Has any tea party supporter sent back an unemployment check? .............anyone..anyone...anyone...................crickets.
Would a tea party member refuse BETTER medicare?
or a better economy so they wouldnt NEED an unemployment check?
Anyone Anyone Anyone? ....... more crickets.
Republicans will rally against gay people, stripping them of civil rights, and then you find them tapping their toes in airport bathrooms looking for their gay lovers.
Besides stoking anger at Democrats and Obama, just what is the Republican Party offering? Tax breaks?
We've been down this road before.
Dividing people with emotional exploitation, screaming for tax breaks and ending of industry regulation is all the Republican Party is about and is absolutely funded by the companies that benefit directly from the tax breaks and deregulation.
What does the United States of America deserve for voting for Republicans? An oily, poisoned Gulf of Mexico?
Would you hire a confessed animal hater to run a pet store? No? Then why would you elect politicians who freely admit to despising government? This Republican plan is just a stale old rehash of bad ideas that have already been proven not to work.
Republicans have no credibility so my choice is clear. Hands down, I'll be voting for the Democrats.
Yeah : Those Ethical Democrats Like the Waters/Frnaks Scandal: The resulting $12 million boost to OneUnited?s bottom line ? again without a penny moving anywhere ? finally allowed it to look healthy enough to win the loan?
The Obama administration has thus far produced 639 pages in response to Judicial Watch?s FOIA investigation of the Waters/Frank bailout scandal. But they?re still keeping 203 pages under lock and key. It is not hard to see why.
& Your TAXES continue to go up...and Your Healthcare ends up beginning waiting for 30-60 to make a Appt.
The republicans ideas have proven to work in every single situation that taxes have been reduced. Roosevelt, Kennedy, Bush all lowered taxes and saw the economy boom. Tax payments increase to the government due to the volumn of spending.
Support the successful people and they will support America. Republicans support "free enterprise", while democrats support "free handouts".
Socialism has not built our country and it has proven to destroy the economy in every nation that has installed socialism.
Pro_America, your argument is disingenious at best and fallacious at its worst. The Bush tax cuts for the rich are still currently in place. So please tell everyone where the jobs are. As I said, the tax cuts are still in place.
Is this the same BS you pushed to fund Fannie and Freddie ??
Now we are all paying for it... because well.. we're for the rich right?
Then why is the country's economy all messed up... with something called a liquidity crisis in 2008?!
That was all democrats baby, so get used to being factual. From now on, people aren't buying your propaganda.
If we really want to reduce the deficit why not let all the tax cuts expire? and cut spending. win/win. people aren't spending any way. there have been as many jobs created by taxcuts as there have been through the stimulus.(no way to prove any policy worked)when the top 10% control 90% of the wealth and economy then they should be paying 90% of the taxes so stop the whining when 50% of the wealth is controlled by 50% of the population things will be more equitable. othere than all this there has been no new ideas in the contract. And how about finishing or honoring the first one.
I agree that the middle class tax cuts should expire but please, consider how difficult the rich in this country already have it before you inflict even more pain on them.
The top 10% do pay the majority of the taxes. Why not keep all the cuts, create more cuts for small business and cut spending? If you let all the tax cuts expire then not only will people not increase their spending they will cut it. And do not be foolish enough to think that in the current climate that letting these cuts expire will decrease the deficit. When the current crop we have in congress and in the white house see an increase in revenue then they see that as a good reason to increase spending.
EnduroRob: Really, when the Republicans talk about 'small business', do you know that they really mean? Some of those 'small business' are multi-billion dollar enterprises taking advantage of pass through language in the tax code to avoid paying taxes. Price-Waterhouse, Bechtel, the Koch Bros. Companies, all billion dollar enterprises listed as Chapter S Corporations.
Why don't the Republicans want to reduce the top tax rate to just %10. According to their theory that the rich create more jobs when taxed less. That should bring the US completely out of recession and set off a tremendous growth spurt.
As a matter of fact, in the depths of their insanity tax-cuts generate government revenue. We should just set the tax rates to zero and the government coffers will be overflowing with money.
The posting of advertisements, profanity, or personal attacks is prohibited. By using this Web site you agree to accept our Terms of Service. Click here to read the Rules of Engagement.
Reply to Comment The posting of advertisements, profanity, or personal attacks is prohibited. By using this Web site you agree to accept our Terms of Service. Click here to read the Rules of Engagement.
The Healthcare is an abomination, costs more than it fixes, and passes on the buck to the middle class that pays for healthcare and subsidizes that dont pay for it.
The Tax cuts are to start projects, raises, job creation.
You know, the things that Obama has tried to stop for the last 2 years.
NO, the rich either spend their money goods and services or they invest it.
Raising taxes will cut spend and reduce captital that business need to stay afloat. Investment capital is a lot cheaper and faster to get from investors than over-regulated banks. Raising taxes during an economic downturn is foolish idea.
But since we're on the subject of unintended consequences of foolish ideas. There are approximately 15 million American seniors that primarily live off dividends income to supplement their SS check, yet they'll be taxed at 35 and 39.6% in 2010 and 2011, regardless of what tax bracket they are in. Many seniors nest eggs have been devastated by this economic collapse and haven't yet recovered, medicare funding has been cut, nothing has been done to slow down medical cost, the government ignores their needs, and now they're dividends taxes are going from 15% to 35% January 1, 2010.
Hasn't grandma sacrificed enough already? Obama threw her under the bus already, will Americans support running her over?
Get real people. The poor don't create jobs, the successful people do.
If you cut my taxes everyone on my staff gets a 5% raise.
YOU CHOOSE, WHICH ONE WOULD YOU THINK HELPS OUR ECONOMY.
And while banks and GM pay back loans and TARP... fannie and freddie take 10s of BILLIONS more... have taken the largest portion ar tarp... have paid back nothing... and probably never will.
or a better economy so they wouldnt NEED an unemployment check?
Anyone Anyone Anyone? ....... more crickets.
Besides stoking anger at Democrats and Obama, just what is the Republican Party offering? Tax breaks?
We've been down this road before.
Dividing people with emotional exploitation, screaming for tax breaks and ending of industry regulation is all the Republican Party is about and is absolutely funded by the companies that benefit directly from the tax breaks and deregulation.
What does the United States of America deserve for voting for Republicans? An oily, poisoned Gulf of Mexico?
Would you hire a confessed animal hater to run a pet store? No? Then why would you elect politicians who freely admit to despising government? This Republican plan is just a stale old rehash of bad ideas that have already been proven not to work.
Republicans have no credibility so my choice is clear.
Hands down, I'll be voting for the Democrats.
The Obama administration has thus far produced 639 pages in response to Judicial Watch?s FOIA investigation of the Waters/Frank bailout scandal. But they?re still keeping 203 pages under lock and key. It is not hard to see why.
& Your TAXES continue to go up...and Your Healthcare ends up beginning waiting for 30-60 to make a Appt.
Support the successful people and they will support America. Republicans support "free enterprise", while democrats support "free handouts".
Socialism has not built our country and it has proven to destroy the economy in every nation that has installed socialism.
Now we are all paying for it... because well.. we're for the rich right?
Then why is the country's economy all messed up... with something called a liquidity crisis in 2008?!
That was all democrats baby, so get used to being factual. From now on, people aren't buying your propaganda.