Tax Laws Set to Expire

[Reasonable Doubt]

 

[mnewsham]

we're in debt what did you expect?

 

[techs]

Some of those deserve to expire.

 

[RearAdmiral]

Sweet. Can't wait.

 

[dud]

Many complain about Pres Bush and his antics ... but I doubt you'll see many complaining about how much he reduced taxes for both the MC and the wealthy. Yeah, Bush bashers tend to forget that ...

 

[Adrenaline]

we're in debt what did you expect?

Sweet, more income for the government to increase spending by even more than they take in.

This will not solve the deficit problem this country has.

 

[techie81]

You think the economy is bad now? Just wait...

 

[Brigandier]

The rich's taxes will increase by about 11 percent, the poor by 50%

 

[Engineer]

While we may go over the cliff, both sides will give in to extending (maybe permanently) the tax rates and credits to those in the middle class. Good or bad, that will happen. May be in January or February but it will happen.

 

[dmcowen674]

Tax Laws Set to Expire

Good, they to. :thumbsup:

 

[dmcowen674]

You think the economy is bad now? Just wait...

Good, you must hit bottom before you can rise. :thumbsup:

 

[shortylickens]

If we kept the tax cuts it would cost us 3 trillion dollars.

 

[dmcowen674]

The rich's taxes will increase by about 11 percent

Good :thumbsup:

 

[shortylickens]

Sweet, more income for the government to increase spending by even more than they take in.

This will not solve the deficit problem this country has.

As bad as we are, we need to increase taxes AND cut programs at the same time. And we'd need to do that for about 20 years to undig us from our hole.

 

[dmcowen674]

This will not solve the deficit problem this country has.

True, the only way the deficit problem will get solved is get rid of all of the Republican nuts that hate America.

 

[FelixDeCat]

When is the out of control spending going to expire? Oh thats right, spending NEVER expires.

:thumbsdown:

 

[FelixDeCat]

True, the only way the deficit problem will get solved is get rid of all of the Republican nuts that hate America.

What about the Democratic nuts that hate America? Its one sided thinking like this that has brought us to our knees. We need to stop this polarized thinking and get to fixing things that make sense without the rhetoric and bs.

 

[Engineer]

When is the out of control spending going to expire? Oh thats right, spending NEVER expires.

:thumbsdown:

Well, it gets a good start with the tax increases on Jan. 1. 10% cut across the board for starters. Of course, that only effects discretionary spending and doesn't touch entitlements such as SS, etc. Of course, the CONgress and the CEO's, especially defense, are crying like babies over spending cuts. Said that jobs will be cut, but wait, I thought that lower spending would lead to increased jobs. You mean government spending leads to jobs? Can't be....must be a lie.

 

[sixone]

If we kept the tax cuts it would cost us 3 trillion dollars.

Source, please?

 

[FelixDeCat]

Well, it gets a good start with the tax increases on Jan. 1. 10% cut across the board for starters. Of course, that only effects discretionary spending and doesn't touch entitlements such as SS, etc. Of course, the CONgress and the CEO's, especially defense, are crying like babies over spending cuts. Said that jobs will be cut, but wait, I thought that lower spending would lead to increased jobs. You mean government spending leads to jobs? Can't be....must be a lie.

We spent our way into a $17,000,000,000,000 hole, supposedly trying to "create jobs" and all that other BS, but all we did was buy cheap Chinese crap and gave them all the jobs.

Perhaps if there were a law tying workers pay to CEO pay, there *might* be more equity in wages. At least we would have a stronger middle class instead of just a 1% aristocracy.

 

[Engineer]

We spent our way into a $17,000,000,000,000 hole, supposedly trying to "create jobs" and all that other BS, but all we did was buy cheap Chinese crap and gave them all the jobs.

Perhaps if there were a law tying workers pay to CEO pay, there *might* be more equity in wages. At least we would have a stronger middle class instead of just a 1% aristocracy.

If you have read my posts in the past, you'll see that I agree with you and have said that the only way to solve ALL of this is to reverse course and get good paying, solid wealth building middle class jobs back. If not, we're just pissing into a tornado.

 

[ImpulsE69]

It really kills me that in this day and age people still pull out the "Republican this, Democrat that, left wing, right wing, liberal" BS. You type of people are why we are where we are. No amount of voting can fix stupid old school mentality.

 

[shortylickens]

Source, please?

Committee for a Responsible Budget.

 

[SunnyD]

The rich's taxes will increase by about 11 percent, the poor by 50%

I'm not an advocate of socialism by any means, but 11% of your typical median household income equals a crushing blow.

11% of a 200k+ household's income is "oh, so I can't buy a new iPad every year, darn."

And therein lies the problem.

edit: 11% income "taxes".

 

[shortylickens]

It really kills me that in this day and age people still pull out the "Republican this, Democrat that, left wing, right wing, liberal" BS. You type of people are why we are where we are. No amount of voting can fix stupid old school mentality.

Actually if we took out all the republicans and democrats at once and replaced them with third party candidates or at least people who never held office before I truly believe a lot of problems could be fixed.

At the very least get rid of the fuckers who've held office 40 plus years. Those assholes are much better at keeping their jobs than doing their jobs. They play the game while Americans suffer.