I think this country should identify every single democrat, registered or not, and then have their taxes raised to 75% with no allowable tax deductions.
After all, its the democrats that want the government to fix everything that is wrong with their miserable lives and to do it, the gov't is going to need a lot more financial help.
Are you a republican?
I think this country should identify every single republican, registered or not, and then have their taxes raised to 75% with no allowable tax deductions.
After all, its the republicans that want the government to fight every war without being concerned about the debt, the gov't is going to need a lot more financial help.
And why was the federal government established in the first place?
Thats right, to provide for the general defense of the states!
EXACTLY! This is why under my plan Republicans will continue to pay the same amount in taxes as before. These items have been properly funded and are essential to the survival of America.Originally Posted by sooner n houston
Last edited by KABOOKIE; 2/15/2011 at 07:53 AM.
I didn't realize....I guess we should use 100% of GDP for defense since it is allowed by the Constitution...
the $14 trillion accumulated debt has been a bipartisan, check and balance effort. Pols only legislate what it takes to get the mob to vote them back in. Who could win an election on the promise to provide fewer services yet charge you more?.....which is the only way to reverse $1.X trillion deficits.
I'm suprised the Obama 2012 budget doesn't have it's own thread... It is an absolute disaster.
The President lives in the land of pixy dust and unicorns.
And phil.. I think the cold has gone to your head..The combined cost of the Iraq and Afghanistan wars to date are about 1.1 trillion dollars. Obama's projected deficit for 2012 is $1.6 trillion. For one year!! It never goes below $1.1 trillion annually over the next 10 years. And it is not like it doesn't propose tax increases... $1.6 trillion over the next 10 years in new revenue from tax increases.
Obama's own debt commission said that $4 trillion needed to be cut from federal spending over the next decade. What did Obama propose? $1.1 trillion over the decade.. $500 billion less than the deficit of next year alone!!
I think this post from someone who was an ardent support of Obama during the election says it all.
Ouch.They (the Senators) have to lead, because this president is too weak, too cautious, too beholden to politics over policy to lead. In this budget, in his refusal to do anything concrete to tackle the looming entitlement debt, in his failure to address the generational injustice, in his blithe indifference to the increasing danger of default, he has betrayed those of us who took him to be a serious president prepared to put the good of the country before his short term political interests. Like his State of the Union, this budget is good short term politics but such a massive pile of fiscal bullsh!t it makes it perfectly clear that Obama is kicking this vital issue down the road.
To all those under 30 who worked so hard to get this man elected, know this: he just screwed you over. He thinks you’re fools. Either the US will go into default because of Obama’s cowardice, or you will be paying far far more for far far less because this president has no courage when it counts. He let you down. On the critical issue of America’s fiscal crisis, he represents no hope and no change. Just the same old Washington politics he once promised to end.
Sapp...I started a budget thread yesterday...
I took the shot at Kabookie because it is not only the dems that have gotten us in this mess...
The proposed Obama budget is obscene...
I have no desire to be a liberal.
Landry Jones- "Sooner Nation needs the stache"
You forgot the next four words (and part of your own statement is off) that follow "provide for the common defense".
They are "Promote the general welfare".
carry on.
+1
Ah, I missed it. I will post over there.
While I agree that we're in serious trouble and need to cut the budget, a little fairness is in order. Obama made some tough decisions and some decent cuts. I didn't see Bush making as significant cuts.
All Bush did was increase spending while lowering tax revenue. Boy, that was a hard decision! /sarcasm
It was easy for the Republicans to sit back and make the voters happy when a Republican was in office but now a Democrat is in office they expect him to make all sorts of sweeping unpopular changes. Hypocrites?
What the f does Bush have to do with it? Is he currently in office? Can he currently make policy?
Obama did nothing to attack the vast majority of the deficit...SS? Medicare? Real cuts to the military complex?
He wants to cut Pell grants....cut charitable giving (so he can take the money for the fed use)...decrease AMTRACK subsidies yet add 50 billion for high speed rail...
Cut oil, gas, and coal subsidies that will increase our costs....why approving low cost loans to Brazil so they can develop their offshore resources....
What is going to happen to debt servicing when interest rates climb and the current short term debt needs to be reissued?
I recall when John Kerry was running for prez he and his wife were out there championing the "we're wealthy but have NO problem paying more in taxes". Then when their returns were released they were paying at the 12.4% level..far below what most middle class were paying.
I think it was also mentioned she had 7 or 8 different accountants and attorneys specifically to help reduce their taxes.
Face it, nobody likes paying taxes, I just don't like people telling me we need to share the pain and raise them...while trying to get out of it.
JK, you actually buy into the rhetoric that the Clinton tax increases were the cause of increased fed revenue?
Have you actually looks at where the Clinton revenue came from?
Multiple choice...
When Clinton pulled in 20.6% of GDP where did that revenue come from?
A. Increased revenue from personal income taxes due to the tax increase?
B. Increased revenue from corporate income taxes due to the tax increase?
C. Increased revenue from cap gains due to a booming stock market?
Hint: http://www.taxpolicycenter.org/taxfa....cfm?Docid=161
Our tax system is a joke....it is so complicated and convoluted that we spent 10's of billions of dollars a year having our taxes done by experts or software...
Many votes were purchased with the building or our current tax code...
Well, it is understandable to have made that mistake. It gets a little confusing when a newly elected congress is trying to finalize a budget that was supposed to be done by the previous congress. Thank god, they didn't do their job.
Phil thread doesn't actually say, Obama's proposed 2012 budget. But the thread is there...and yes, it is a bad joke.
"Once a country boy's seen the way the steam rises off a man's insides on the sidewalk Tends to change the way he thinks, the way he sees everything when he goes back to where he came from."
POSSE TRANSPORTATION SPECIALIST. "It Fell Off the Back of a Truck."
General Defense does not equal Nation Building.
Atheist.
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