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Boehner's big stretch on small business

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GuitarDaddy said:
Thats absolutely ignorant! Thats as ignorant as saying spending is not the problem, the problem is 100% a lack of revenue. We just need enough taxes to cover our spending.

Anyone with half a brain must understand that the solution has to be a combination of spending cuts and tax increases. Anyone who believes that spending cuts alone are all thats needed is too stupid to be included in the conversation.

Its fools like you and GWB that got us into this mess by cutting taxes without cutting spending in the first place.
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If $2.1 trillion is not enough revenue then clearly there is no reasoning with you. Seriously, do you run your personal finances this way. When you max out everything and have zero in the bank do you go to your employer and expect a larger paycheck to help while you try and limit your dipshit spending? I'll have to remember your argument next time the topic of a raise comes up at work.
 
xBiffx said:
Actually I think the sentiment is not that we shouldn't do it if it doesn't just fix the problem but that we shouldn't do it if its just going to make things worse. Raising taxes on just the 1% does nothing or very little to fix the problem and eventually will make things worse as that money starts leaving.
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You severly underestimate how much taxes the 1% are avoiding. I agree that just increasing the income tax rate on the top 1 % of W-2 earners will do little. But include that with doing away with the huge loopholes given to the 1% and the largest corporations, and increasing the tax on capital gains and dividends to the same as ordinary income and its a significant % of the problem
 
xBiffx said:
Figures. So your argument is that they can easily afford the taxes so what's the problem. Guess you'll never have to worry about being rich with an attitude like that.
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wut?😵

My point, not argument, was that Cali is taxing corps out of the state. Short term revenue, long term zero.
 
GuitarDaddy said:
You severly underestimate how much taxes the 1% are avoiding. I agree that just increasing the income tax rate on the top 1 % of W-2 earners will do little. But include that with doing away with the huge loopholes given to the 1% and the largest corporations, and increasing the tax on capital gains and dividends to the same as ordinary income and its a significant % of the problem
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If you think revenue is the source of the problem then there is no point talking. The government took in $2.1 trillion last year. If you increased that to say $3 trillion you still aren't going to fix the problem. And good luck with generating that much extra revenue by looking to taxes.
 
I love a good circle jerk as much as the next guy, but all of this jabber about revenues and taxes and why we should raise taxes or why they need to be cut is entirely sidestepping the real problem.

The real problem is the immense popularity of entitlements, which are the biggest drivers of government spending... and the non-existent politician(s) it will take to make cuts/reforms to them.
 
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