The Obama debates

[bkeavs]

What do you think is more likely?

1. A certain group doesn't pay enough.

or

2. There aren't enough tax payers?

How do you propose to get more tax payers? Tax the poor?? Make all illegal immigrants Legal?

Rich shouldnt have to pay for everyone but in the end, they are still rich and the poor are still poor regardless if threy get everything for free.
I'm worried about myself the middle class and their isnt a candidate that will help me.

Just found out yesterday that my school taxes will be raised 19%. Thats not a small number by any means, yet I will have to pay it and cut back on yet another thing in my life.

So when I hear this debate about rich and poor its annoying. The rich are well rich and the poor are granted all the luxuries that I have to pay for Housing, Taxes, food, Health insurance etc.

Our country is debt yet we still send the checks each and every year to foreign countries so there leaders can pocket the money.

Ron Paul 2016- isolationism here we come

 

[superpunk]

How do you propose to get more tax payers? Tax the poor?? Make all illegal immigrants Legal?

Rich shouldnt have to pay for everyone but in the end, they are still rich and the poor are still poor regardless if threy get everything for free.
I'm worried about myself the middle class and their isnt a candidate that will help me.

Just found out yesterday that my school taxes will be raised 19%. Thats not a small number by any means, yet I will have to pay it and cut back on yet another thing in my life.

So when I hear this debate about rich and poor its annoying. The rich are well rich and the poor are granted all the luxuries that I have to pay for Housing, Taxes, food, Health insurance etc.

Our country is debt yet we still send the checks each and every year to foreign countries so there leaders can pocket the money.

Ron Paul 2016- isolationism here we come

From what i can tell the plan is to cut taxes for the wealthy, who will in turn create jobs for no reason.

 

[marionbarberthe4th]

You hear how much move we're giving a dictator in Behrain to oppress the citizens .

Politicians are crooked. They're all greedy. Bp can ruin an ocean and them get golden parachutes.

Whatever money leaves corporations hands and goes to a regular joe the plumber is good by me. Even if they got anchor babies and no life motivations

 

[Sheik]

How do you propose to get more tax payers? Tax the poor?? Make all illegal immigrants Legal?

Rich shouldnt have to pay for everyone but in the end, they are still rich and the poor are still poor regardless if threy get everything for free.
I'm worried about myself the middle class and their isnt a candidate that will help me.

Just found out yesterday that my school taxes will be raised 19%. Thats not a small number by any means, yet I will have to pay it and cut back on yet another thing in my life.

So when I hear this debate about rich and poor its annoying. The rich are well rich and the poor are granted all the luxuries that I have to pay for Housing, Taxes, food, Health insurance etc.

Our country is debt yet we still send the checks each and every year to foreign countries so there leaders can pocket the money.

Ron Paul 2016- isolationism here we come

You create more tax payers by getting as many of the 23 million people who are not working, working.

I agree, middle class is getting it from both sides. The only hope you and me have, is that someone gets in there that gives confidence to job creators.

The only thing that will help improve this economy is to pull people out of poverty. Creating another $6.5 trillion in debt, and putting another 17 million people on food stamps for a second term is not the answer. The average households income is down $4,500 since this knuckle head has taken office.

I've seen enough.

 

[Sheik]

From what i can tell the plan is to cut taxes for the wealthy, who will in turn create jobs for no reason.

lol

Simple minded when it comes to creating wealth, SP.

Rich people get richer when they invest smartly. America isn't a smart investment right now.

Let's hope we can get some new policies and less government involvement over the next 4 years and beyond.

 

[Sheik]

This is why I'm in favor of splitting up the country in half, and seeing how long it takes for the liberals to start jumping our fences.

 

[superpunk]

Yes if only wealthy people had more "confidence in America" they'd bring these well paying middle class jobs here instead of...wherever they are right now.

China? Oh i forgot, they aren't giving jobs to China because they have confidence in the country they're doing it because China will allow them to pay their people 2 dollars an hour.

Oh if only we could give American businesses that kind of "confidence" in America. Good luck driving us off that cliff.

 

[Sheik]

That's where you need more regulation(this would be a good use). You won't get an argument from me there.

American outsourcing of jobs needs to stop. Those jobs need to come back.

Pushing big business away isn't the answer either. But by all means, raise taxes more and see what happens.

 

[jeebus]

Yes if only wealthy people had more "confidence in America" they'd bring these well paying middle class jobs here instead of...wherever they are right now.

China? Oh i forgot, they aren't giving jobs to China because they have confidence in the country they're doing it because China will allow them to pay their people 2 dollars an hour.

Oh if only we could give American businesses that kind of "confidence" in America. Good luck driving us off that cliff.

If I paid a flat 20% income tax, instead of the 45% combined state and federal, the government would actually bring in more money over the next 10 years because I could put that money back into the company.

Now that is assuming things keep going well in my business, but that is a simple fact. I earn a much higher return on my capital, and if they let me keep more of it they would be seeing positive returns within a decade and they would assumable last for as long as I actively work.

 

[Sheik]

If I paid a flat 20% income tax, instead of the 45% combined state and federal, the government would actually bring in more money over the next 10 years because I could put that money back into the company.

Now that is assuming things keep going well in my business, but that is a simple fact. I earn a much higher return on my capital, and if they let me keep more of it they would be seeing positive returns within a decade and they would assumable last for as long as I actively work.

Excuse me?


We're gunna need some proof that you would have your money, well, make you more money.


#nosuchthingasexpanding

 

[superpunk]

(a) You're not paying at a 45% rate
(b) Maybe if we raised taxes on corporations, hedge funds/investors and the super wealthy (job creators!)we could afford to give your "Two Spics and a Push Mower" landscaping business a break.

 

[jeebus]

(a) You're not paying at a 45% rate
(b) Maybe if we raised taxes on corporations, hedge funds/investors and the super wealthy (job creators!)we could afford to give your "Two Spics and a Push Mower" landscaping business a break.

35 and 10 states

And I have to hope that wherever you raised it to I would be there in a few years. Or you can try, like France, 75% tax on those making a million (despite it only affecting 2000 people and raising minute income).

The fact is my company returns 30-45% profit on its capital. Yea, leaving us more of it would result in more federal tax dollars being paid.

A guy making 40,000 and takes him 30, what is he going to do with 2,000 more, spend it and stimulate the economy by adding 1.5 dollars of GDP for every real dollar spent. Give me that money and not a single dollar gets spent on me and it gets invest in a company that can double it in 2 years.

 

[bkeavs]

John Paulson(Hedge Fund King) paid 15% on 5 billion dollars on his hedge fund earnings last year because if you own a "hedge fund" its not considered earned income

He definitley wont create jobs if you raise that number to 30%

http://abcnews.go.com/Business/hedg...aulson-makes-record-billion/story?id=12790176

 

[jeebus]

John Paulson(Hedge Fund King) paid 15% on 5 billion dollars on his hedge fund earnings last year because if you own a "hedge fund" its not considered earned income

He definitley wont create jobs if you raise that number to 30%

http://abcnews.go.com/Business/hedg...aulson-makes-record-billion/story?id=12790176

So you disagree with capital gains? And if they guy didn't take any money out, he didn't earn anything, and if he did take money out he would have paid 35%. The only way not to is to grow the company and then sell shares and pay 15% profit on the sale.

It takes a smarter man then me to explain the benitets of capital gains

 

[VA Cowboy]

I'm still waiting for someone to show a direct correlation with cutting taxes on the rich and an increase in jobs

I'm waiting to see a direct correlation between raising taxes on the job creators and an increase in jobs.

 

[VA Cowboy]

Unemployment was terrible when Obama took office. 4 years later the unemployment is now equal to when Obama took office. Obama and Democrats claim success. Forward! lol

 

[jeebus]

The federal tax debate doesn't happen in a vacuum. I think 15% is to low for capital gains tax, but when combined with a 10% state tax I think that is a good number 25% tax on profit you spent multiple years and expenses waiting for.

 

[superpunk]

I'm waiting to see a direct correlation between raising taxes on the job creators and an increase in jobs.

Noone is arguing that there is a correlation. That's a false equivocation that is only played by people who want taxes even lower for "job creators".

But all things being equal, those that can afford to pay a larger share should as we try to come out of this deficit and balance the budget. That would go a long way towards creating an environment where people can have confidence in investing in America.

 

[jeebus]

This is why I'm in favor of splitting up the country in half, and seeing how long it takes for the liberals to start jumping our fences.

The other day I tried to talk about my frustration with the political sysytem. Obama pays lip service to internationalism, bush to going on your own, but they both do the same thing. Romney is pro business, Obama is pro poor, at least that is what they tell us, but their actual actions are the same. Obama spews environmental rhetoric, Romney says he will reduce regulation, but when it all settles, they will both do they exact same thing (maybe they are constrained by the size and complexity of political decision making in America).

The only difference between the two camps is one of nuance, what they want to stress and pay lip service too.

The person I was talking to made a good point, that difference matters. What do you want a nation beig spoken to like they are defendants or one that internalize a message of personal responsibility. I mean it is no longer a mans responsibility to feed or pay for medical for his children, that is somebody else's responsibility.

 

[jeebus]

Noone is arguing that there is a correlation. That's a false equivocation that is only played by people who want taxes even lower for "job creators".

But all things being equal, those that can afford to pay a larger share should as we try to come out of this deficit and balance the budget. That would go a long way towards creating an environment where people can have confidence in investing in America.

Lol, so lower taxes would create jobs, but you have other priorities for other peoples money. Instead of the country having jobs you would rather it confiscate that money and kill jobs so it can pay for things you want. Yep it is the 1% that is selfish and self centered.