http://www.youtube.com/watch?v=cgbJ-Fs1ikA&feature=player_embedded
You’re gonna post crap from Stink Progress here?
I think if the context is examined, we would find that Reagan was right in what he was saying, while 0dumbo is totally wrong.
I’m not biting on an outside link without some information. “this one is making the rounds” isn’t much to go on.
Can we have some context please?
Sounds like the same exact rhetoric to me.
Get the context now, dimbulb?
We generally ignore link only thread starts here.
I don’t trust Thinkprogress.
But I do have a comment: “The leaves changing color are spectacular right now.”
None for now. You posted this.
Any comments?
I haven't head Obama talk about closing income tax loopholes, I have just heard him whine about capital gains being taxed at a lower rate then income. It is dumber than dumb to think about taxing investment (capital gains is tax on invest revenue) when the economy is this broken.
I heard this earlier - Obama and his ilk are very skillful at twisting words to defend their cause - typical lawyer speak. (Remember the famous “it depends on what the meaning of “is” is” statement.)
The guy lies - plain and simple - he has no honor.
There’s been very little said by Repubs or Dems until now about doing away the lower rate for long-term capital gains, as that was enacted to encourage investment.
Now, everyone from Warren Buffet to Obama is coming out of the woodwork with statements supporting some vague “higher rates for rich people” and “rich people pay less than poor people” ideas.
These are not specific change recommendations, but empty rhetoric thrown around for political gain.
The conversation is so idiotic it’s not worth thinking about. The correct response is always: hey, Congress enacted all the tax laws. What effective rate winds up being paid by every private citizen - rich or poor - is a result of Congress’s tax code. Don’t blame the rich guy - blame Congress.
What America really has is a government spending problem, not a tax rules or rates problem. Because the government has allowed itself to borrow, it has borrowed WAY out - perhaps a hundred years or more - out in front of it’s tax revenue.
The tax issue is a smoke screen to distract from the government spending issue. Like if we somehow made the tax payments more “fair” the government would not be broker than green company after it’s startup funding runs out.
So this whole thing is just stirring up poo that will get no one anywhere. Because the far left is not going to do well in the next election because so many people in America own stuff and they know the far lefties will take it from them if they have their way.
America is not a class warfare place because we’ve had too many years and generations of people living in the land of opportunity.
The class-warfare dog just don’t hunt except amongst the “flaky few”.
IMHO...
Can we have some context please?
Of course the missing context is that with this same 1986 tax reform Reagan was talking about, he lowered the top nominal tax rate for individuals to 28 percent from 50 percent.
So closing some tax loopholes, while lowering taxes by an incredible amount. His tax reform was never meant to increases overall taxation on any group.
That makes him the exact opposite of Obama
The real Ronald Reagan obliterates Obamas version of Reagan
One day America's voters may wake up to the fact that everything in the tax code is the result of decisions taken by 535 Representatives, 9 Supreme Court Justices, and 1 President.
Protesting Wall Street is meaningless. Protesting the Representatives who succumb to the influences of corporations lobbyist and Wall Street in exchange for generous campaign contributions can be effective.
The grass roots Tea Party Movement directs its protests where it matters. The uniqueness of the Tea Party makes them entirely different than the Occupy Wall Street protest. The Tea Party is unique because it is not asking the government to give them something.
Another vote here for “context, please”.
Random “hey, look at this” links are usually a waste of time and are duly ignored.
(Responses like this are due to the act of responding being more interesting than the average random “hey, look at this” link.)