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Sen. Tom Coburn: I'm Willing to Accept Tax Increases
http://news.yahoo.com/sen-tom-coburn-im-willing-accept-tax-increases-163152570--abc-news-politics.html ^

Posted on 12/09/2012 1:17:09 PM PST by Orange1998

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To: BobL

If you think the increased revenue from Taxes will go to pay down
the debt, you are truly foolish. It will go where all our money goes...
to support spending programs. And that all.


141 posted on 12/09/2012 6:35:20 PM PST by tennmountainman
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To: BobL

Interesting post.

So you believe that ss/medicare are welfare programs? Do you also believe that private insurance and annuities (for retirement) are as well? Both ss/med are paid for. They aren’t free.

As I have already said, I’m not rich by any stretch, why should the wealthy pay into a system and not reap the benefit? Should they also pay for private insurance..but be denied coverage because they have the bucks to cover their own health issues? Let them opt out, it’s only fair. And I am sure you want to be fair. If Bill Gates paid the premium, the benefit is his as much as ours.

You sound a little bit like a “share the wealth” kinda FRiend.


142 posted on 12/09/2012 6:36:46 PM PST by berdie
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To: GeronL

“Yep. But they will, one way or another- inflation or whatnot”

I think that we’re all seeing that. And it will get much, much, worse, once we hit the brick wall regarding borrowing.

When that day comes, then our 401K’s, IRAs, and Pensions become nationalized and turned into (hate to say it) means-tested annuities, with the masses determining just how much (if any money) we’ll be allowed to draw from those accounts. The actual cash in those accounts goes straight to the government.

There is already A LOT of talk about this now, and likely by the end of 2016, we’ll be there. So the money will be taken...just as you suspect. It happened in Argentina and Russia (twice there), and MUST happen here.


143 posted on 12/09/2012 6:39:15 PM PST by BobL (You can live each day only once. You can waste a few, but don't waste too many.)
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To: berdie

No, and I am no longer sure an easy comfortable life has done much for the state of my soul.


144 posted on 12/09/2012 6:44:20 PM PST by Trailerpark Badass (So?)
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To: BobL

BUMP

I think so too


145 posted on 12/09/2012 6:45:24 PM PST by GeronL (http://asspos.blogspot.com)
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To: RIghtwardHo

It does not surprise anyone that knows the Republican Party, does it?


146 posted on 12/09/2012 6:45:24 PM PST by sport
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To: berdie

“So you believe that ss/medicare are welfare programs? Do you also believe that private insurance and annuities (for retirement) are as well? Both ss/med are paid for. They aren’t free.”

I would say that private insurance and annuities are NOT welfare programs if funds actually exist in them TODAY. But if the depositors were somehow able to borrow against them, and clean them out...then yes, any money they paid out would not be depositor money, they would, BY DEFINITION, be someone else’s money.

As far as SS and Medicare, give the account number with the $40T or so that should be there by now. You can’t because it has all been borrowed against. It was a deal with the devil, lower income tax rates in exchange for stealing from SS and Medicare, FOR DECADES. So no, the money is not there, it is long gone.


147 posted on 12/09/2012 6:46:04 PM PST by BobL (You can live each day only once. You can waste a few, but don't waste too many.)
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To: TigersEye

yes, I am sorry about that. It was not helpful.


148 posted on 12/09/2012 6:47:10 PM PST by Trailerpark Badass (So?)
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To: tennmountainman

“If you think the increased revenue from Taxes will go to pay down the debt, you are truly foolish. It will go where all our money goes...to support spending programs. And that all.”

No, actually the linkage between spending and revenues left the station with Obama. If they want a program, they will push for it, and the size of the deficit will have ZERO IMPACT. So yes, if we increase revenues, the money might get spent, but it would have been spent anyway - so we still come out ahead, with a smaller deficit than we would have otherwise had.

In other words, it’s time to PAY UP for the services that WE DEMAND from the government, with “we” being many, if not most, older FReepers.


149 posted on 12/09/2012 6:49:09 PM PST by BobL (You can live each day only once. You can waste a few, but don't waste too many.)
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To: BobL

Congress has no history reducing spending, only spending more and more.
All this may end up being a mute point, as a collapse will likey happen
before any real cuts are made in the future.
Decades and decades of grand bargains by both sides, past and present
gave brought us to the brink.


150 posted on 12/09/2012 7:20:21 PM PST by tennmountainman
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To: BobL

“if funds actually exist in them today..”

If a private insurer or retirement administrator absconded with funds they would be required to insure those funds..or go to prison ala Bernie Madoff.

We can’t imprison all of the past politicians that served for the last 70 years or so. (but that is a fun idea)

There have been alternatives placed on the table that are equitable to all.

If you want to rage...call your representatives. Not that it will help...any more than it has in the last 70 years.

So your kids will suffer...so will mine. I don’t see that you answered my question about what government bloated departments could be shut down to save our children.

I think you are just p.o.’d about paying taxes in general. It really doesn’t have anything to do with your kids.


151 posted on 12/09/2012 7:21:37 PM PST by berdie
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To: Trailerpark Badass

No problem. There are those who do fit the description you gave. It just doesn’t fit everyone on SS and Medicare.


152 posted on 12/09/2012 8:33:12 PM PST by TigersEye (Who is John Galt?)
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To: TigersEye
What I can expect to make is what I can expect to make

Why can you only expect to make $10/hr? Why should your inability to earn, and your family's inability to save, become my burden, or my children's burden?

Do you believe in liberty, or 'from each according to his ability, to each according to his need'?

153 posted on 12/09/2012 10:21:17 PM PST by Gunslingr3
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To: Gunslingr3

Shut up.


154 posted on 12/09/2012 10:45:02 PM PST by TigersEye (Who is John Galt?)
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To: TigersEye
Shut up.

In the choice between liberty and living off of others 'you chose the easy way out'.

155 posted on 12/09/2012 11:07:35 PM PST by Gunslingr3
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To: Gunslingr3

Are you so bereft of original thought that you have to copy & paste my own posts back to me now? Good grief the quality of morons is dropping these days!


156 posted on 12/09/2012 11:11:37 PM PST by TigersEye (Who is John Galt?)
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To: TigersEye
Are you so bereft of original thought that you have to copy & paste my own posts back to me now? Good grief the quality of morons is dropping these days!

Are you so bereft of honor and dignity that you fob your responsibilities off on others?

I'll ask again, do you believe in liberty (with the rewards and risks that entails), or 'from each according to his ability, to each according to his need'?

157 posted on 12/09/2012 11:19:47 PM PST by Gunslingr3
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To: Gunslingr3

I believe you’re a tiresome jackass who can’t read and doesn’t deserve an answer.


158 posted on 12/09/2012 11:24:01 PM PST by TigersEye (Who is John Galt?)
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To: TigersEye
I believe you’re a tiresome jackass who can’t read and doesn’t deserve an answer.

Ad-hominem is the argument of the incapable.

Your actions are actually the answer, you simply lack the courage/conviction to admit them. You've been seduced by the Siren song of socialism.

159 posted on 12/09/2012 11:53:19 PM PST by Gunslingr3
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To: Aria

yeah The republican party is the rat party lite.


160 posted on 12/10/2012 3:02:11 AM PST by Mozilla
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