Posted on 12/10/2012 8:24:05 AM PST by SeekAndFind
An American appetite for tax hikes gives President Barack Obama leverage in fiscal cliff negotiations.
A new POLITICO/George Washington University Battleground Poll finds that 60 percent of respondents support raising taxes on households that earn more than $250,000 a year and 64 percent want to raise taxes on large corporations.
(Excerpt) Read more at politico.com ...
That same ratio applies to the way they think, act, spend, save, breed, marry, and go about their lives. We live in a nation of 20% carrying the 80%.
The upside of the poll, of course, is that super-majority backing spending cuts.
From that could be deduced that the GOP should have gone in, very publicly, with wanting $XB cuts, with X% from entitlements, X% from regular discretionary, and X%, yes, from the military.
Further, they should have had their cuts lined out in excruciating specificity, and said they were open to negotiations with Obama and the Dems on the specific cuts within each of those categories.
The hammer should have been that if Obama doesn’t go along, they will only vote for those expenditures that fit within their own specific plan.
And, like the claims (however not followed through on) that immigration could be discussed once the border was secure, they should have made it plain that they would discuss tax cuts once the spending cuts were voted through and signed.
People don’t think things out. Putting aside the phenomenon of telling pollsters what one thinks is the “approved” answer, it is so easy to just think that someone else will solve a problem. The “wealthy” are the “other.”
But, yes...when people say they are conservative, in many, if not most, cases, they have no idea what the word means.
Then they taxed those that chose not to buy health insurance.
and I didn't speak out because I had health insurance.
Then they taxed the wealthy,
and I didn't speak out because I wasn't wealthy.
Then they came for my 401K and my mortgage interest deduction,
and there was no one left to speak for me ( probably because they were all too busy working to pay the tax man).
Raising taxes on corporations just results in paying higher prices for goods. The consumer (and these nitwit voters) ultimatly pay the higher tax.
RE: Raising taxes on corporations just results in paying higher prices for goods. The consumer (and these nitwit voters) ultimatly pay the higher tax.
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This rule by Frederic Bastiat is not being taught in our schools nowadays ( of course, the contributions of famous gays and lesbians are now given more prominence ).
One of Bastiat’s most important contributions to the field of economics was his admonition to the effect that good economic decisions can be made only by taking into account the “full picture.”
That is, economic truths should be arrived at by observing not only the immediate consequences – that is, benefits or liabilities – of an economic decision, but also by examining the long-term second and third consequences.
Additionally, one must examine the decision’s effect not only on a single group of people (say candlemakers) or a single industry (say candlemaking), but on all people and all industries in the society as a whole.
As Bastiat famously put it, an economist must take into account both “What is Seen and What is Not Seen.” Bastiat’s “rule” was later expounded and developed by Henry Hazlitt in his work Economics in One Lesson, in which Hazlitt borrowed Bastiat’s trenchant “Broken Window Fallacy” and went on to demonstrate how it applies to a wide variety of economic falsehoods.
Sadly, very few people nowadays take the UNSEEN EFFECTS into account.
Labels are difficult to take seriously. Had I been asked that question I would have answered “conservative”. Yet a majority here on FR would consider me at best a lily livered RINO. Had a reasonable description of liberal and conservative views been included in the question we’d have a better understanding of where the country stands. Failing that, we have the election results which gave a socialist a 3.5% win over a moderate. This at a time of very high unemployment, stagnant growth, and overseas crises. That should tell us all we need to know,
Bingo.
Tax everyone at same rate no deductions, no loop holes.
The rich are an easy target. There aren’t very many of them and they are easily outvoted. The notion of fairness has been completely changed in our lifetimes. Why can this not be challenged in court under the equal protection clause. Why won’t anybody take this up?
re: “raising taxes on large corporations”
Nothing demonstrates the stupidity of the respondents as much as that result. When that question is posed the ignorant respondents invariably visualize a cartoon with a bunch of old, fat, banker types in black suits sitting around in a club lounge with cocktails and big cigars.
“Yeah! Raise THEIR taxes,” the ignorant chattering class agrees, never understanding that those additional “corporate” taxes would come right out of their own pensions, IRAs, 401ks, and other investments. By favoring higher taxes on those big evil corporations they are actually favoring more taxes on themselves. There’s no cure for that kind of stupid.
The government already sucks too much from the economy and wastes the greatest portion of it.
I oppose any increase in ‘revenue’ to any government entity.
1. abolish the EPA
2. get rid of the FCC, FEC, FDA, HUD, government schools, dept of energy, OFCCP(affirmative action), IRS, etc., medicaid, foodtamps, welfare, government housing(Projects) etc. etc.
Why is that tyrannical, socialist, crap needed ?
The stupid liberal media never mentions my plan:
1. abolish the EPA, Obamacare
2. get rid of the FCC, FEC, FDA, HUD, government schools, dept of energy, OFCCP(affirmative action), IRS, etc., medicaid, foodtamps, welfare, government housing(Projects) etc. etc.
Why is that tyrannical, socialist, crap needed ?
Will the last American Patriot leaving the building please turn out the lights. Thank you.
Interesting that 75% of voters favor cutting spending across the board, but only about 5% of political officeholders - including Republicans - believe in that very simple remedy.
RE: Interesting that 75% of voters favor cutting spending across the board
FOUR POSSIBILITIES:
Increase Spending, Increase Taxes ( Obama and the Dems want this)
Increase Spending, Decrease Taxes (Republicans IN EFFECT do this, SEE: George w. Bush and his GOP congress )
Decrease Spending, Increase Taxes (That’s what Most Americans seem to want based on the above poll ).
Decrease Spending, Decrease Taxes (That’s what I WANT. Anybody with me on this?)
Wrong question!
“Do you think taxes should be raised on those making over $250,000 a year if it means that they will shut down their businesses and lay off employees so that the actual amount of tax money to pay welfare decreases while the number of people requiring welfare increases thus lowering benefits for everyone?”
However it's better to reduce government . Like for example get rid of the EPA, then FDA, then IRS , Then FEC, and so on. That's the real problem , the growth of government not just the “spending”.
American patriots - producers - are the only reason the lights are still on.
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