Spending

[dellinger63]

Originally Posted by Riot

No, it's not. It is precisely correct. In accordance with our Constitution, we all contribute financially to our common good, we budget for it, obtained from taxes. That is our - America's - income. And you agree to that by being an American citizen. You pay taxes. It's part of your responsibility as an American..

That would be ideal, unfortunately fewer than 10% of 'we' pay for 90% of collected taxes. So 'we' actually 'all' don't contribute financially to our common good do 'we'?

[joeydb]

Originally Posted by dellinger63

That would be ideal, unfortunately fewer than 10% of 'we' pay for 90% of collected taxes. So 'we' actually 'all' don't contribute financially to our common good do 'we'?

To get to Riot's ideal "we" is easy enough: make one tax rate for everybody, regardless of income, with no deductions. A Flat Tax is as close to fair as you will ever get, since it would be proportional in all cases.

[Riot]

Originally Posted by joeydb

To get to Riot's ideal "we" is easy enough: make one tax rate for everybody, regardless of income, with no deductions. A Flat Tax is as close to fair as you will ever get, since it would be proportional in all cases.

For corporations and individuals The lobbyists on Capitol Hill will never, ever allow that to occur, unfortunately.

So, the President is going to speak within a couple hours. He'll say the Bush tax cuts need to expire (2 years too late, but yes). The Republicans have already said they will not consider anything that raises taxes. That's beyond ignorantly stupid (but the GOP has never been good at finances or taxes)

If Obama suggests lowering benefits for Medicare and Medicaid, raising ages, etc. (don't forget he just eliminated some Medicare excess to help pay for the PPACA) he's screwed with the left of his party. They will attack him far more severely than any on the right.

[Antitrust32]

Originally Posted by Riot

So, the President is going to speak within a couple hours. He'll say the Bush/Obama tax cuts need to expire (2 years too late, but yes). .

FTFY. its always good to be accurate.

[Riot]

Originally Posted by Antitrust32

FTFY. its always good to be accurate.

Glad you're right on top of changing my meaning to what I've already said, twice

[Riot]

Originally Posted by dellinger63

That would be ideal, unfortunately fewer than 10% of 'we' pay for 90% of collected taxes. So 'we' actually 'all' don't contribute financially to our common good do 'we'?

Which is why tax loopholes for corporations and individuals need to be eliminated, so the biggest corporations in the country don't pay zero tax. And things like the Bush Tax cuts need to be eliminated. Why are you against that, then?

Rather than following ridiculous plans like the Ryan proposal, which will decrease the tax rate for only the wealthy, and increase corporate tax breaks.

[dellinger63]

Originally Posted by Riot

Which is why tax loopholes for corporations and individuals need to be eliminated, so the biggest corporations in the country don't pay zero tax.

Except when Obama & Co. decide they need bailout money on top of paying no corporate tax?

[Antitrust32]

Originally Posted by dellinger63

Except when Obama & Co. decide they need bailout money on top of paying no corporate tax?

you mean TARP? that was created by both Dems and Repubs and signed in by Bush?

[dellinger63]

Originally Posted by Antitrust32

you mean TARP? that was created by both Dems and Repubs and signed in by Bush?

No TARP both under Obama and Bush was/will be paid back. Grant it with no vig. GM and Freddie/Fannie? Not the same. Freddie and Fannie's exec bonuses while they lost money? The endless funding of green energy? Cash to intentionaly ruin cars? Creating a law that all citizens must have insurance and those who can't afford it will be covered by forcing the rest to pick up the tab? Mexicans and other illegals exempt/won't be covered but will still be treated in the ER?

Same ole bull shiat to me and a bad deal for taxpayers!

[joeydb]

Any of you 14, who got this question unanimously right, running for Congress?