Why should I be unhappy that an agreement tonight will save me another several thousand in federal income taxes? I realize the deal will not meet our standards for federal spending cuts, but, I'd rather not be forced to throw another large sum down the rabbit hole. It's not 100% of what we want but to make the vast majority of the Bush tax cuts permanent is a solid start.
Folks, we have a president who is addicted to spending your money. Realistically, given the media's relating of the message, we are not going to fully get our way. Why give him more tax dollars???? Start with the proposed bargain tonight, win 2014 and 2016 and cement in place a sensible policy.
Because investors will have less money.
So there’ll be less jobs. Less growth.
What good will that do you?
The problem isn't under taxing. Taxes should not even be on the table unless the issue is freeing the tax slaves once and for all. Cutting off the freeloading is the ONLY thing that should be on the table at this point. That's what got us into this mess. The non employed by choice are outspending the employed, and it isn't even their money they're doing it with.
Using more of our wages to cover up the problem for another month isn't going to fix anything. The wise politician would target the disease - welfare freeloading - and the symptoms would go away by themselves.
Instead of sharing the wealth, why not share the WORK and allow the wealth to share itself?
Because we don’t have a revenue problem - we have a SPENDING problem - any tax “deal” that doesn’t include spending cuts (which was the original deal Zero made with Congress) is just economic masturbation....
Because you are paying for things you are not receiving, quality education system, stable and reliable transportation system, border security, sound financial system, veteran rehabilitation/reintegration system and a government of the people, by the people. That is why.
they allow this and it means they agree with democrats that “the rich” - as dems define it - have not been paing their fair share all along and it’s why we’re in the mess we’re in now. it is full license to continue to rape the productive and keep redefining who “the rich” are.
even though we have numbers showing we could take all the rich’s money it wouldn’t make a big dent in spending for even one year, facts don’t matter and the press will not ever admit the truth so hardly anyone will hear it.
To a certain extent I agree with you. We have entered into an era of dog-eat-dog where it is every man for himself. Just give me my Obamaphone, keep my taxes low and screw everybody else. That’s at one level.
However at a dynamic level we will all suffer from these tax increases as it will slow down the economy, increase unemployment, hurt the stock market, etc etc In addition revenues to the government will be constrained due to the bad economy. The democrats will then want to raise even more taxes and will run out of money from people in the higher brackets and come after us.
so we are screwed no matter what
If they can’t give up a crumb of cuts now, what makes you think that placating you with the crumb of slightly less high taxes will work out later. They’ll just do the same thing again in the future, only you will be paying even more taxes next time and the situation will be worse because the debt will be worse and more people will be out of work and needing welfare money.
Are you wearing blinders? Do you not see this? Is this that difficult to comprehend?
If they don’t actually work the real spending problem now, they will never do it later. They will just threaten you with massive taxes increases and then only force some of those increases on you saying they have compromised. The cause for the need for those taxes, overspending, will never be addressed and more and more people will be forced onto the dole. They will have no incentive to cut back their lavish spending, which means more and more tax money will be required.
I see...lower rates for you as long as they “stick it” to those that are not you and make more.
Sounds like a liberal to me.
Because sometimes it’s all yunz can stand and yunz can’t stand no more!
Then yunz spit.
Taxes aren’t the primary problem. The problem is the insanely out of control spending that they use to justify overtaxation.
Do you have a 401K? Do you care what happens to it?
I guess if you don’t count all the ObamaCare taxes and other things that are being done....
If everyone thought the way you did, then where would it lead? The guy who makes $250k a year says, “Okay go ahead and tax the guy who makes $500k a year, as long as my rates don’t go up”, and the guy who makes $100k a year says “Okay, go ahead and tax the guy who makes $250k”, and the guy who makes $50k a year says “Okay, go ahead and tax the guy who makes $100k a year”. Pretty soon, everyone’s getting taxed, because the politicians can count on the votes of those who never have to pay any taxes, plus a small segment that they have bought off with low tax rates. Everyone else gets screwed.
So, even though my rates won’t be effected, I still won’t support this compromise, because it encourages the politicians to engage in class warfare, since it’s going to prove expedient for them to do so.
Your taxes are not going down
Sure. Give him more money now. That should pacify his lust, right?
We've now avoided any sense of fiscal responsibility, and inflation is now closer as the FED will keep pumping money into the economy.
In the very short run, it's nice to have those dollars. Use them to prep for the trouble ahead.
Remember, Obama is an Alinskyite, and he wants a crisis and the bigger the better.
You are supposed to hate this deal, because the rich will pay higher taxes, which is bad for you in ways that the republicans, and the conservatives, have failed to adequately explain to you or others. They are correct, but you’d never know it.
You are supposed to hate this deal, because you are supposed to believe that, contrary to all evidence and common sense, Obama was on the ropes and could have been forced to accept a deal identical to the deal we barely passed in 2001 when we had a republican president, a republican senate, and a republican house.
You are supposed to hate this deal because, in spite of the fact that the tax bill is a completely separate bill from the sequestration bill, you are expected to believe that it was imperative that a new bill to cut taxes had to also include spending cuts.
Tomorrow, everybody’s taxes go up tremendously. After that, there would be pressure to lower taxes, because people like lower taxes. Forget sequestration — that’s a different bill — and frankly there is no true political pressure to do much of anything with that, except for the angst over actually pretending to cut spending.
So you have to ask yourself, as do all conservatives — given a tax rate identical to that of January 1, 2001, and a trillion-dollar-a-year deficit (as opposed to the on-paper SURPLUS in 2001 — what possibly deal do you really think you could get?
2001 - Republican President just elected, with Republican Senate (barely - 50/50 with tiebreaker going to republicans) and Republican House. Technical Budget Surplus, ran on across-the-board tax cuts. In that environment, the best we could do was a temporary 10-year tax cut, which reverted in 2011 (and was extended then for a 2-year-period).
2013 - Democratic President just relected, with Democrat Senate (55-45) and republican house. Huge budget deficit, president ran on NO TAX CUTS for “the rich”. In this environment, do you really believe we would EVER get a deal like the bad one we got in 2001. The deal we currently have on the table — PERMANENT tax cuts for everybody making under $400,000 a year.
You should oppose this, because taxes are already too progressive. But it is hard to see how we would have done much “better”. The solution was to do “worse”, meaning NOT approve tax cuts for anybody. But that’s a hard sell. Technically, the tax pledge would work against anybody wanting to vote AGAINST tax cuts for 99% of us, even though it is the right thing to do.
So I assume you would be in favor of Obama letting you keep YOUR Guns but taking away the Guns of others?
Sorry, first thing that cam to mind when I read your Post.
Congratulations - you are starting to understand how easy it is to become enslaved to the government by accepting the crumbs they throw your way and not having a care in the world when the cow will finally die - on that day, the flow of milk stops and there won’t be enough steaks for a last meal.
They’re raising taxes by a half trillion dollars on people who will pass much of that cost on to you.
They’re not cutting spending.
And they’re calling it a compromise.
They’re negotiating in their interests, not yours.
You lose.