No tax republicans just raised YOUR taxes tonight

[CallMeJoe]

nm

 

[WHAMPOM]

Strange how no one remembers this country once paid off an enormous war time debt by a 90% tax on the rich. Why not repeat history when it work?

 

[davmat787]

http://money.cnn.com/2011/11/30/news/economy/payroll_tax_cut_republicans/index.htm?hpt=hp_t3

This is the GOP solution.

"The Republican proposal would institute a three-year freeze on federal civilian worker pay; reduce the size of the federal civilian workforce by 10% through attrition; prohibit millionaires from receiving unemployment benefits or food stamps; and require millionaires to pay full fare for Medicare Parts B and D."

Clearly cutting jobs is the way to grow our economy. Wake up kid.

If your summary is accurate, they aren't cutting jobs at all. Attrition is not "clearly cutting jobs", attrition means a gradual reduction in workforce by not replacing that headcount when a person leaves naturally, through retirement or transition to another job or whatever.

I am not advocating this solution as I have not looked into it, just pointing out that attrition is not clearly cutting jobs.

 

[pcgeek11]

51 to 49 in a filibuster. Three Democrats opposed the bill.

49 + 3 = 52

 

[Craig234]

Strange how no one remembers this country once paid off an enormous war time debt by a 90% tax on the rich. Why not repeat history when it work?

Because when we raised taxes on the rich, the economy was destroyed, all the rich left the country, productivity was slashed, people starved. Oh wait, that's not right.

 

[Craig234]

I thought Republican dogma was that tax cuts always pay for themselves through economic growth...

Many Republicans have made that claim. Just watched a clip of one saying 'no tax cut should ever have to be paid for', 'they pay for themselves'. Until cuts for the middle class.

 

[zsdersw]

And so the old schism between the parties remains: Democrats want to tax and spend, Republicans want to cut taxes while continuing to spend almost as much as Democrats want to spend.

At the end of the day, though, it's our own fault. A significant majority in this country want and demand government services and benefits like Medicare, Medicaid, and Social Security but they don't want to pay for them with their own money.

They want safety nets, but only if someone else makes the nets and holds them up off the ground.

 

[michal1980]

And I thought democrates keep telling us that tax cuts dont work.

Also, I thought this was temporary cut passed by the left. And eventually the tax will go up.

But dems have never been known to pay for anything, so how are we going to pay for SS now.

Why not just cut all taxes to zero, that will get everyone more money.

 

[zsdersw]

And I thought democrates keep telling us that tax cuts dont work.

Also, I thought this was temporary cut passed by the left. And eventually the tax will go up.

But dems have never been known to pay for anything, so how are we going to pay for SS now.

Why not just cut all taxes to zero, that will get everyone more money.

Republicans have never been known to pay for anything either.

 

[CPA]

http://www.huffingtonpost.com/2011/12/01/payroll-tax-cut-extension_n_1124661.html



And this is what November 2012 is all about.
Except you might first notice a little nasty surprise in your first paycheck come January 2012.
Be sure to show your thanks to your republican friends. Especially while in that voting booth...

I love your spin, absolutely love it. It made me laugh, woke me up this morning. Good job!

 

[LTC8K6]

http://www.powerlineblog.com/archives/2011/12/the-democrats-fuzzy-math.php

According to the Tax Policy Center at the Urban Institute/Brookings Institute, approximately 388,000 households have income above $1 million in any given year; the average income of such households is about $2.7 million. The surtax would be levied on the increment above $1 million. So the arithmetic is simple on a static analysis: 388,000 * $1.7 million * 3.25% = $21.437 billion.

 

[cybrsage]

http://www.huffingtonpost.com/2011/12/01/payroll-tax-cut-extension_n_1124661.html



And this is what November 2012 is all about.
Except you might first notice a little nasty surprise in your first paycheck come January 2012.
Be sure to show your thanks to your republican friends. Especially while in that voting booth...

It is the same $20 a pay that Obama removed.

This time I actually support it. The republicans wanted spending cuts equal to the tax cut and the dems said "NO! WE REFUSE TO REDUCE OUR SPENDING!!!11!"

We need to reduce spending...that is a given. Blame the people who refused to reduce spending for this problem.

 

[Jhhnn]

That's seriously weak.

Just because it is likely that a greedy bastard who engages in "fuck the poor" type behavior is a Republican, this does not mean it's likely that a Republican is a greedy "fuck the poor" type of bastard.

Perhaps not, but the latter will apparently vote rather eagerly for the former, effectively enabling and endorsing their actions.

When you lie down with the dogs, expect to get some fleas.

 

[matt0611]

I like the republicans idea better.
As far as I'm concerned, democrats just raised my taxes by playing their tired "class warfare" bullshit.
Thank for the info.

 

[EagleKeeper]

http://money.cnn.com/2011/11/30/news/economy/payroll_tax_cut_republicans/index.htm?hpt=hp_t3

This is the GOP solution.

"The Republican proposal would institute a three-year freeze on federal civilian worker pay; reduce the size of the federal civilian workforce by 10% through attrition; prohibit millionaires from receiving unemployment benefits or food stamps; and require millionaires to pay full fare for Medicare Parts B and D."

Clearly cutting jobs is the way to grow our economy. Wake up kid.

You do understand what attrition means.😕

The only thing in what the Repubs are asking that I do not approve of is the freeze on pay for civilians.

 

[Leymenaide]

Does anybody know how they are defining millionaires? Will we now have to prove we do not have 7 digits in assets or pay the 3.5%? If they think we should have 7 digits will we have to pay.

 

[soulcougher73]

I most certainly do earn a paycheck and pay taxes. And I also know who insists on spending those taxes twice over without regard.

Im glad you realized it was congress too. GOP or DEM it dont matter..they all want your money.

 

[Genx87]

Strange how no one remembers this country once paid off an enormous war time debt by a 90% tax on the rich. Why not repeat history when it work?

Because people dont want to remember we had a 20% income tax on the lowest bracket during that time.

 

[soulcougher73]

http://www.powerlineblog.com/archives/2011/12/the-democrats-fuzzy-math.php

Quote:
According to the Tax Policy Center at the Urban Institute/Brookings Institute, approximately 388,000 households have income above $1 million in any given year; the average income of such households is about $2.7 million. The surtax would be levied on the increment above $1 million. So the arithmetic is simple on a static analysis: 388,000 * $1.7 million * 3.25% = $21.437 billion.

I dont know how those households would ever get by with not having that extra $55,250/year. 🙄

 

[matt0611]

Because people dont want to remember we had a 20% income tax on the lowest bracket during that time.

That was also a completely different tax code, there were so many ways of getting out of paying that 90% rate. Its not at all comparable to today's code.

 

[BoberFett]

Taxes need to go up on everyone to support our out of control spending. The top 1% can't fix our insane deficit by themselves. You could tax them at 90%, as Democrats love to reminisce about the tax brackets of old (does that make them conservative?) but you still couldn't come close to covering the gap.

 

[cybrsage]

It has already been shown you can take 100% of their pay and not stop the deficit from growing.

 

[zsdersw]

Show me a Republican or Democratic proposal that very significantly cuts The Big Three for both current and future recipients.

Until such a proposal exists, all of you who are criticizing one side or another are entirely full of sh!t.

 

[PokerGuy]

I'll make sure to let my democrat reps know that they will pay the political price for raising my taxes. They insist on raising taxes as the way to pay for stuff, without ever even considering cutting spending. Spending is the problem. Good for the GOP to not give the democrats the easy out: if you don't want to cut spending, then everyone's taxes are going up and the public can take it out on the democrats raising the taxes.

 

[spidey07]

I'll make sure to let my democrat reps know that they will pay the political price for raising my taxes. They insist on raising taxes as the way to pay for stuff, without ever even considering cutting spending. Spending is the problem. Good for the GOP to not give the democrats the easy out: if you don't want to cut spending, then everyone's taxes are going up and the public can take it out on the democrats raising the taxes.

Yep. I tore into Yarmouth about his party trying to raise my taxes some 2000 a year. How that money won't be spent in our district, etc.

This is the same old stick
Democrats want to Tax and spend, tax and spend.
Republicans want to cut tax and spending. Polar opposites.