• We’re currently investigating an issue related to the forum theme and styling that is impacting page layout and visual formatting. The problem has been identified, and we are actively working on a resolution. There is no impact to user data or functionality, this is strictly a front-end display issue. We’ll post an update once the fix has been deployed. Thanks for your patience while we get this sorted.

GOP Senators filibuster the Buffett Rule

$20B is nothing to sneeze at.
I am fine with just letting Bush tax cuts finally expire. No need to pass anything.
 
Anarchist420 said:
It wouldn't give the Federal government more than $20Bn extra in revenue for this fiscal year.
Click to expand...

It's a start and when we couple this with the Bush tax cuts expiring we will start getting our Fiscal house in order. That's if we don't have ten more Wars down the road.
 
Ausm said:
It's a start and when we couple this with the Bush tax cuts expiring we will start getting our Fiscal house in order.
Click to expand...
So you want taxes on the middle class to go up too?

Restoring the Clinton tax rates against the wealthy would only bring in $50Bn this fiscal year. Again, less than 5% of the deficit.
 
WTF??? all of this smoke and mirrors crap for $46.7B over the next 10 years??

The bill would raise $46.7 billion over the next ten years, according to the nonpartisan staff of the Joint Committee on Taxation, so it would in itself do little to reduce the long-term mismatch between revenues and spending.
 
spacejamz said:
WTF??? all of this smoke and mirrors crap for $46.7B over the next 10 years??

The bill would raise $46.7 billion over the next ten years, according to the nonpartisan staff of the Joint Committee on Taxation, so it would in itself do little to reduce the long-term mismatch between revenues and spending.
Click to expand...

What's your solution then? Going with the Ryan/Romney plan that gives the richest even more tax cuts while fucking over the people who could ill afford it will blowing an even huger hole in the deficit?
 
Jhhnn said:
What if we restored pre-Reagan tax rates on the Wealthy?
Click to expand...
Once again, that wouldn't nick a hole in the deficit.

Jhhnn said:
What's your solution then? Going with the Ryan/Romney plan that gives the Richest even more tax cuts while fucking over the people who could ill afford it will blowing an even huger hole in the deficit?
Click to expand...
You know damn well Dr. Paul's Restore America Now plan is what I support🙂
 
Of course they do, if they did anything other than this it would have been a huge surprise. Everyone already knows what these people stand for.
 
Anarchist420 said:
because taxation is institutionalized theft!
Click to expand...

You know, if every single year, someone holds you up and steals your wallet, you'd think you would move to some place where that doesn't happen ... every single year.

I find it odd that libertarians would voluntarily have their hard earned cash stolen rather than moving to, say, the libertarian paradise of Somalia.
 
Ausm said:
I'm not surprised since they filibuster everything but it really shows you where they stand.

http://nbcpolitics.msnbc.msn.com/_news/2012/04/16/11229733-senate-rejects-buffett-rule?lite
Click to expand...

True, but it also doesn't matter much since it wouldn't have gone anywhere in the GOP-led House where filibuster rules don't apply anyway. Democrats get what pretty much what they expected out of the result in the Senate, which is a campaign issue for them to run on come Fall. Whether that helps them much is up for debate; personally I doubt it will move the needle much since in polls people support the idea of higher taxes for the rich but it's not a high-intensity issue for anyone but the most rabid partisans.
 
Ausm said:
Going from a tax rate of 20% to 60% would be no difference? LMAO Show me your numbers!
Click to expand...
It wouldn't fill in more than 5% of the deficit. No one in their right mind would just give 60% of their income to the federal government if they could afford not to.
 
You must log in or register to reply here.

TRENDING THREADS

Back
Top