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Post by Banned »

Obummer just proposed $1.5 TRILLION in new taxes. In 2009 he said never raise taxes in a recession. Does he think the economy got better????

http://www.youtube.com/watch?v=aufAtuTw ... r_embedded
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Post by onegunguitar »

Raise taxes,don't raise them...what difference does it make.At the end of the day it all comes down to"our"government having a SPENDING problem. Yes,both sides...give them more tax dollars and they'll just waste it like they've been for the past how many years. It's time that they are held accountable on how they spend our hard earned money.
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Post by Hawk »

undercoverjoe wrote:
songsmith wrote: when a large majority of Americans want tax equality and a shared burden.
Funny kind of equality, 50% of wage earners do not currently pay federal income taxes. (And you know all about that.) I agree, share that burden, make everyone pay something.
Business is setting record profits. Pay them enough that they can pay taxes.
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Post by Hawk »

undercoverjoe wrote:
songsmith wrote:

WHERE ARE THE JOBS THAT LOW TAXES PRODUCE?
Overseas where the taxes are low.
Overseas where labor costs are nill with little to no restrictions on polution. That's how you want it in the US isn't it Joe ?
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Post by Hawk »

lonewolf wrote:
songsmith wrote:
lonewolf wrote:OK, campaign contributions.
Far from holding the moral high ground, the democratic party outspent the republican party by a 4:3 margin in the 2010 elections.

.
Since the "Corporations Are People" decision from the Supreme Court, it will always appear that way, but no. Unions and other organizations disclose their contributions. Big Business does not. There's really no way to tell how much corporate money went to the 2010 election, in total, or who spent what.
Please respond when you have something that is factual. All campaign contributions are disclosed. Also, please be aware that the world contains both corporations and privately owned companies, as well as industry organizations. They are contained here:

(click on any industry to get specific companies)

http://www.opensecrets.org/industries/index.php
"In the much talked about, analyzed and criticized Supreme Court case known as Citizens United v. Federal Election Commission, the longstanding assumption that unlimited corporate (and by implication union) money has a corrupting appearance and impact on our political process was turned on its head. The decision widened existing paths for third parties to make independent expenditures and electioneering communications and created new avenues for 501(c) and 527 non-profit organizations to act as conduits for massive sums of undisclosed corporate and union money to our elections. The decision also paved the way for Super PACs—a new breed of an Independent Expenditure Political Action Committee that permit corporations and unions to spend unlimited funds explicitly advocating for or against specific candidates.

These new campaign operations that can shelter unidentified sources of money arose because the Citizens United court found that two provisions of the Federal Election Campaign Act (FECA) were unconstitutional under the First Amendment. The decision struck down the decades-long prohibition on corporations using their general treasury funds to make independent expenditures. It also found unconstitutional the already weakened provisions of the Bipartisan Campaign Reform Act of 2002 (BCRA) that prohibited corporations from using their general treasury funds for “electioneering communications.”
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Post by Hawk »

f.sciarrillo wrote:
undercoverjoe wrote:
f.sciarrillo wrote:I agree with everyone paying their fair share. It is just people making it sound like the rich aren't paying that staggers me. What about the welfare bums who don't pay taxes? I am guessing that would make up more than the rich they say don't pay.
Dude, 50% of all working people in this country do not pay federal income taxes. Its not just welfare bums, it is HALF of all working people that pay nothing. How is that fair, equal or sharing any burden?

Obummer is taking class envy (a pitiful sin) to a new level of political sewage.
Frankly, that isn't fair. I didn't realize it was that high. Wow.
Frank, we were told if we give the rich tax breaks to make them richer we would be rewarded with jobs because they are the ones who create jibs. Where are the jobs ? The tax breaks and them getting richer has failed miserably.

They are getting richer, that's a fact that I posted a page or two back.

They are hoarding over a Trillions dollars.

Perhaps if the rich paid better wages more people could pay Federal taxes.

Tax Policy Center: 47 percent of U.S. households will pay no federal income tax this year. In a June 29, 2009, report, the Tax Policy Center (TPC) stated that "[e]arlier this year, [President] Obama signed into law the American Recovery and Reinvestment Tax Act of 2009 (P.L. 111-5), which, among other things, temporarily put into place some of the refundable credits proposed during the campaign. TPC estimates that under the new law, 47 percent of tax units will owe no income tax in 2009." The Associated Press cited that statistic in an April 7 article, noting that "their incomes were too low, or they qualified for enough credits, deductions and exemptions to eliminate their liability."

AP: "[V]ast majority of people who escape federal income taxes still pay other taxes." The AP further wrote that "[t]he vast majority of people who escape federal income taxes STILL PAY OTHER TAXES, INCLUDING federal payroll taxes that fund Social Security and Medicare, and excise taxes on gasoline, aviation, alcohol and cigarettes. Many also pay state or local taxes on sales, income and property."

Their income is too low. What do you think they do with the money they don't pay in Federal taxes ? They spend it. What do the super rich do with the money they don't pay in taxes. NOT create jobs.

I would suspect the majority of these people hold one or two part time jobs to make ends meet. And you want to federally tax them ?
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Post by Hawk »

undercoverjoe wrote:Obummer just proposed $1.5 TRILLION in new taxes. In 2009 he said never raise taxes in a recession. Does he think the economy got better????

http://www.youtube.com/watch?v=aufAtuTw ... r_embedded
Raising taxes on people who are getting richer ? It's not a recession for them by any means !
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Post by f.sciarrillo »

Actually, Bill I am in support of the fair tax act (We already talked about this before). That way everyone will pay their fair share, whether they work for it or don't. I am shocked that the percentage of working people who don't pay is that high.
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Post by songsmith »

undercoverjoe wrote:
songsmith wrote:

WHERE ARE THE JOBS THAT LOW TAXES PRODUCE?
Overseas where the taxes are low.
Overseas where the wages are low.

Taxes are not a business's primary expense. Materials and labor are. Business only pays taxes on profit. If you paid taxes, it would be on your gross. Many businesses, like you, pay no taxes, though, like you, they use public infrastructure and services.
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Post by Hawk »

f.sciarrillo wrote:Actually, Bill I am in support of the fair tax act (We already talked about this before). That way everyone will pay their fair share, whether they work for it or don't. I am shocked that the percentage of working people who don't pay is that high.
Does this shock you Frank ?

The bottom 50% of Americans own a grand total of 2.5% of the wealth.

The top 1% own 33.8% of the wealth.

The top 10% of Americans (combined with the top 1%) own 71.% of the wealth.

These are 2007 numbers that I could find quickly. The Top 10% own more now than they did in 2007 (as I have previously posted).

If they own 71% of the wealth in America we should cut their taxes ?

They have not created more jobs with their tax cuts like we were told.

What should shock you is that 47% of Americans DON'T MAKE ENOUGH MONEY to pay Federal taxes.
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Post by Banned »

Hawk wrote: The top 1% own 33.8% of the wealth.


What should shock you is that 47% of Americans DON'T MAKE ENOUGH MONEY to pay Federal taxes.


The top 1% pay 40% of taxes.

The low wages are the fault of government. Lower capital gains taxes, lower corporate taxes and vastly reduce govt regulations, and more Americans will be employed, and at better wages.
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Post by Hawk »

At this point, Id like to personally thank KeithReynolds for starting this thread ! I had ask JP years ago about starting a political section so the rest of the RP community wouldn't have to read all of this. Ron decided not to make politics a special section.

So I'm happy that there aren't 10+ political threads. I hope the RP community appreciates us staying (for the most part) in our little corner.

I like it here...

Thanks Keith !
Last edited by Hawk on Monday Sep 19, 2011, edited 1 time in total.
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Post by Hawk »

undercoverjoe wrote:
Hawk wrote: The top 1% own 33.8% of the wealth.


What should shock you is that 47% of Americans DON'T MAKE ENOUGH MONEY to pay Federal taxes.


The top 1% pay 40% of taxes.

The low wages are the fault of government. Lower capital gains taxes, lower corporate taxes and vastly reduce govt regulations, and more Americans will be employed, and at better wages.
You mean if we make the rich richer, they will pay better ? Like all of the new jobs they are creating ?
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Post by Banned »

songsmith wrote:
undercoverjoe wrote:
songsmith wrote:

WHERE ARE THE JOBS THAT LOW TAXES PRODUCE?
Overseas where the taxes are low.
Overseas where the wages are low.

Taxes are not a business's primary expense. Materials and labor are. Business only pays taxes on profit. If you paid taxes, it would be on your gross. Many businesses, like you, pay no taxes, though, like you, they use public infrastructure and services.
If an international business (and most large ones are) has a choice to pay corporate taxes in the US which are very high, actually the second highest in the world, or in some other country, which would be much lower, what do you think they would choose?

Why does America, which is supposed to be the Cradle of Capitalism, have the second highest corporate income tax rate in the industrialized world?

Answer: Government Greed.
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Post by Banned »

Hawk wrote:
undercoverjoe wrote:
Hawk wrote: The top 1% own 33.8% of the wealth.


What should shock you is that 47% of Americans DON'T MAKE ENOUGH MONEY to pay Federal taxes.


The top 1% pay 40% of taxes.

The low wages are the fault of government. Lower capital gains taxes, lower corporate taxes and vastly reduce govt regulations, and more Americans will be employed, and at better wages.
You mean if we make the rich richer, they will pay better ? Like all of the new jobs they are creating ?
The rich always get richer, why not lower corporate and capital gains taxes, and let the money the rich have create jobs?
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Post by Hawk »

undercoverjoe wrote:
Hawk wrote:
undercoverjoe wrote:

The top 1% pay 40% of taxes.

The low wages are the fault of government. Lower capital gains taxes, lower corporate taxes and vastly reduce govt regulations, and more Americans will be employed, and at better wages.
You mean if we make the rich richer, they will pay better ? Like all of the new jobs they are creating ?
The rich always get richer, why not lower corporate and capital gains taxes, and let the money the rich have create jobs?
You mean instead of hoarding it like they are now ?
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Post by Banned »

Hawk wrote:
undercoverjoe wrote:
Hawk wrote: You mean if we make the rich richer, they will pay better ? Like all of the new jobs they are creating ?
The rich always get richer, why not lower corporate and capital gains taxes, and let the money the rich have create jobs?
You mean instead of hoarding it like they are now ?
Yes, why not let that money help create new jobs and stimulate the economy. No, your government wants its paws on that money. Greed.
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Post by songsmith »

Wolf, I think the website you posted could only provide info on declared contributions, how could they find anything more without a warrant?. Citizens United made it possible for corporations to provide the soft money they had provided all along, only now nobody can do anything about it. Corporations have all the benefits of citizenship, and none of the responsibilities. If they have human freedoms, they should also be subject to incarceration and even the death penalty for infractions. They should pay taxes on their gross income. If they have very low, or zero income, they too should get a refund, but if they make millions they should pay tax on millions... if, indeed they are humans.
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Post by Hawk »

undercoverjoe wrote:
songsmith wrote:
undercoverjoe wrote: Overseas where the taxes are low.
Overseas where the wages are low.

Taxes are not a business's primary expense. Materials and labor are. Business only pays taxes on profit. If you paid taxes, it would be on your gross. Many businesses, like you, pay no taxes, though, like you, they use public infrastructure and services.
If an international business (and most large ones are) has a choice to pay corporate taxes in the US which are very high, actually the second highest in the world, or in some other country, which would be much lower, what do you think they would choose?

Why does America, which is supposed to be the Cradle of Capitalism, have the second highest corporate income tax rate in the industrialized world?

Answer: Government Greed.
Joe, your are giving misleading facts. For instance what is the total revenue of the other governments ? Perhaps they make up the revenue with higher taxes in other categories. I could go on but I have to leave.
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Post by Banned »

Hawk wrote:
Joe, your are giving misleading facts. For instance what is the total revenue of the other governments ?
Prove it.

I will provide the total revenue of all the other governments of the world just as soon as you provide the names of their citizens, OK?

What a mook!
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Post by songsmith »

undercoverjoe wrote: The rich always get richer, why not lower corporate and capital gains taxes, and let the money the rich have create jobs?
Okay, I'll ask again:

WHERE ARE THE JOBS THAT LOW TAXES CREATE?

Low taxation does not create jobs, never did, never will. If you ended all taxation right now, that savings would NOT be passed on to the consumer, or used to hire more people, it would go where it's going now: into the pockets of expensive suits.

Face it. The Happy Funtime Party in the boardroom is OVER. Nobody will stand for placing a bigger burden on the working class, just so a few can live the good life. They are not entitled. They just don't create jobs. Let me repeat that , joe.
They are not creating jobs, so they do not deserve tax breaks. now, just in case you have some witty comeback or propaganda-based rant:
They are not creating jobs, they are keeping the record profits for themselves, and the unemployment numbers are the proof.
You are free to defend the guys who laid you off if you like, they are probably still there, and likely got a bonus for laying you off.
Just sayin.'
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Post by Banned »

songsmith wrote:
undercoverjoe wrote: The rich always get richer, why not lower corporate and capital gains taxes, and let the money the rich have create jobs?
Okay, I'll ask again:

WHERE ARE THE JOBS THAT LOW TAXES CREATE?

Low taxation does not create jobs, never did, never will. If you ended all taxation right now, that savings would NOT be passed on to the consumer, or used to hire more people, it would go where it's going now: into the pockets of expensive suits.

Face it. The Happy Funtime Party in the boardroom is OVER. Nobody will stand for placing a bigger burden on the working class, just so a few can live the good life. They are not entitled. They just don't create jobs. Let me repeat that , joe.
They are not creating jobs, so they do not deserve tax breaks. now, just in case you have some witty comeback or propaganda-based rant:
They are not creating jobs, they are keeping the record profits for themselves, and the unemployment numbers are the proof.
You are free to defend the guys who laid you off if you like, they are probably still there, and likely got a bonus for laying you off.
Just sayin.'
I'll answer again.

OVERSEAS, WHERE THE TAXES ARE LOW.
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Post by Banned »

Oh, BTW, where are the jobs the $800 BILLION Porkulus bill created?

The unemployment rate, currently at 9.1%, has been over 8% longer than any time since the Great Depression. What a great economy Zerobama has created.
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Post by Hawk »

undercoverjoe wrote:Oh, BTW, where are the jobs the $800 BILLION Porkulus bill created?

The unemployment rate, currently at 9.1%, has been over 8% longer than any time since the Great Depression. What a great economy Zerobama has created.
The unemployment rate would be much higher if it weren't for the stimulus package. There are Republicans all over the place who tout job creation in their own states. They used stimulus money.
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Post by Banned »

Hawk wrote:
undercoverjoe wrote:Oh, BTW, where are the jobs the $800 BILLION Porkulus bill created?

The unemployment rate, currently at 9.1%, has been over 8% longer than any time since the Great Depression. What a great economy Zerobama has created.
The unemployment rate would be much higher if it weren't for the stimulus package. There are Republicans all over the place who tout job creation in their own states. They used stimulus money.
Can you show some proof of that statement other than kool aid.
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