The Repubics in Congress also won their elections.
|
The Repubics in Congress also won their elections.
And there are SOME who still lie to the American people with words like "balanced approach" then put all the blame on Republicans for refusing to compromise on their take it or leave it offer.Quote:
Originally Posted by excon
Some may even be willing to make American taxpayers think their taxes aren't going up even if they do by simply publishing the withholding tables to reflect whatever they want.
Oops, sorry you didn't withhold enough buddy. Really? This is an option being considered?Quote:
The White House has the power to temporarily protect taxpayers from middle-class tax hikes even as upper income rates rise if Congress does nothing and all of the Bush-era tax rates expire in January.
Experts and lawmakers alike agree that Treasury Secretary Timothy Geithner has the power to adjust how much is withheld from paychecks for tax purposes — for all taxpayers or just for some.
By doing so, Geithner could ensure paychecks reflect the White House position that wealthier taxpayers with annual income higher than $250,000 see their taxes rise. Geithner at the same time could leave withholding tables where they are for the middle class, ensuring those workers don’t see a higher cut from their paychecks.
“If we were to, say, go over the cliff and the rates go up, he could modify those withholding tables such that the average employee out there would not effectively see any more or less taken out of his paycheck,” said Bill Hoagland, senior vice president at the Bipartisan Policy Center.
...
Experts believe Geithner could even go so far as to adjust withholding to reflect the White House’s preferred policy — higher rates on the nation’s top 2 percent of earners and lower rates on everyone else. In fact, Minarek said the president could even use withholding as leverage in negotiations with Republicans if it came to that, using the tables to argue he is protecting the paychecks of the middle class.
Hello again, Steve:
Relax... You get all caught in the noise. Bonehead and Obama are meeting today.. They'll come up with an agreement that includes compromise on BOTH sides. My guess is that tax rates will go up to 37% on the richest of the rich, and capital gains taxes will go up to at least 25%. I'm hoping about the last one...
And, yes, there'll be TRILLIONS in cuts. Obama MIGHT even raise the Medicare eligibility age... He AIN'T no liberal, and he DOESN'T need his base any more.
excon
Quote:
Originally Posted by excon
I wasn't caught in any noise, I'm just dumbfounded that anyone believes Obama and his Orwellian words and that anyone might seriously even consider that last trick as an option. Are the American people so irrelevant that they would consider gambling with our finances? Never mind, this is Obama after all...
Hello again, Steve:
This, from a guy who's party HELD the American people hostage to the debt ceiling last year, costing us BILLIONS...Quote:
Are the American people so irrelevant that they would consider gambling with our finances? Never mind, this is Obama after all...
And, you're about to DO IT AGAIN if you don't get your way! Man, oh man...
Excon
About being held hostage nonsense :
Bob Woodward: 'Gaps' in Obama's Leadership Contributed to Debt Deal Collapse - ABC News
I got an idea.. let's raise revenue by eliminating the state and local tax deduction. (a collective howling of protest by the libs who over-tax at the state level begins now )
Yes eliminate all deductions a great start to reform
Brace yourself speechless. The locust are coming .
Californians Leave For Better Lives In Texas, Oregon And Arizona - Investors.com
Hopefully one of them will open a California Pizza Kitchen here.Quote:
Originally Posted by tomder55
So taxing the rich in California is popular then, here's a Texas growth opportunity drop all state taxes
Texas already does well with lower taxes . You will notice that when people vote with their feet ;they move out of over taxed 'blue states' . But the problem is ;they take their politics with them.
We don't have a state income tax, though we could certainly rein in property taxes.Quote:
Originally Posted by paraclete
Hello clete:
Nahhh... The reason California is broke is because of proposition 13. That effectively ended their ability to finance their operations, and they've been going broke ever since...Quote:
so taxing the rich in California is popular then,
At one time, their university's were the best in the nation, and FREE to any California resident... Not any more.
Excon
So that's why people are leaving the state?. not that they are taxed to death ;and now Guv Moonbeam has an absolute majority in the legislature to work with to raise taxes even more ?
California is the canary in the coal mine for the dream Obama has for the country . Every program that the Adm embraces... cap and trade, massive taxes on the rich, high-speed rail ,is either in place or on the drawing boards.
San Bernadino is so bad off the city attorney told residents to lock and load and be ready to protect yourself.
It is well known the greenies will destroy you, we are hearing the howls here as green programs are wound back in the face of fiscal reality, but if your taxation is uniform you don't get the migration problem for reason of taxation
Hello again,
Over, we go... Weeeeeehooooooiiiiiii...
Boehner failed to herd his caucus. I'm sure it's Obama's fault..
excon
I heard some of the dems were against it as well, what good is leaders talking if you can't keep the troops in line.
I think it will be an interesting ride, so much for brinkmanship
Good for the Republic caucus . Bonehead dusts off a Pelosi proposal and thinks his ducks will fall in line . Isn't happening .
Lots of things ain't happening Tom, but you have to loose the idea it will be right in the morning, I think your bonehead just dropped off a cliff and he just might have taken everyone with him, maybe the mayans were right and this is TEOTWAWKI and look who you have to thank for it
Who as in one person ? Do you think that even if Bonehead got his legislation out of the House that the do-nothing Senate would've voted for it also ? Where is the President's proposal. Bonehead voted on this plan because the President stonewalled during the negotiations. The Dems want us to go over the cliff so they can blame the Repubics .
Hello again, tom:
Yeah, yeah, yeah... He said, she said...
We're going over the cliff, and it's the Republicans who are going to get the blame whether they did this or not.. I think this will spell the END of the Tea Party, and a landslide for the Democrats in 2014.
excon
Unlike the Mayans ;I cannot predict the future.
Hello again, tom:
Got nothing to say about the debacle unfolding in your party, huh? I wouldn't either.
Snicker, snicker...
excon
Let the party disintegrate. They have been useless statists for the most part.Bonehead did this to himself trying to purge TP from committee chairs .
[QUOTE=tomder55;3351388]let the party disintegrate. QUOTE]
We'll remember you said that
All Bonehead had to do was get his majority to pass an extension of the tax rates or a version of the Simpson -Bowles recommendations , and pass it on to the Senate. Then when the Senate or the President torpedoed the legislation ,how would they then say that it was the Repubics that were responsilbe for the so called fiscal cliff ?
It was the President that torpedoed the negotiations with Bonehead . Then the sucker fell into the President's trap ,and tried to pass legislation he knew his caucus could not go along with .
The Dems purged their party of centrists and moderates.. Why should the base of the Republican party continue to fall in line with Repubics who think their role is caretakers of the nanny state. They can't out Dem the Dems .So why try ?
Well Tom they may be a little inexperienced with compromise and consensus but it seems some Republicans see the necessity of raising taxes on the rich, the question is always to define who is rich. By world standards anyone with income above subsistence level is rich, by your standards the number is a little higher. In my own nation they set the bar at about $150,000, but then it costs less to live in the US.
I can understand why you are having such difficulty, and the real bonehead was Bush who made temporary adjustments, kicking the ball down the road, so Republicans are in a bind of their own making. The real problem is leadership, do you have a leader?
He wouldn't have gotten permanent tax cuts passed... that was some of that compromising you say he didn't do.Quote:
and the real bonehead was Bush who made temporary adjustments,
I didn't say he didn't do It, but a decade or more on, in a different world, the idea of compromise doesn't come easy, and of course, it doesn't come easy to both sides of the argument. You see when you do things with a sunset clause, the sunset is supposed to come into effect, otherwise you make a permanent arrangement. Living in the society I do, I find it difficult to understand why all this is so painfull for you guys. Our taxation changes are initiated as part of the budget, there may be some tweeking at the edges, but everyone knows the budget must be passed or they are out of a job. We don't have the situation where things can grind on and on. Now I know it is a long time since anyone raised taxes here except by slight of hand, but things are so much easier, there is certainty. I guess what I am saying is this, the decision is made in caucus, rebellion gets you kicked out of the party, and the decision either gets implemented with the goodwill of your opposition or it doesn't. Once it is passed, unless it is a draconian measure, it is not going to get vetoed. No one would think of vetoing a law because it doesn't tax enough
We're negotiating... Bonehead will propose plans D E and the President will counter with plans F U .
your white house secretary keeps saying the President hasn't reached the bottom line, that's no way to negotiate, your problem is you have media interferring in the process, having to be told every little detail and to avoid this the negotiating position is compromised with platitudes. BO has gone from $250,000 to $400,000 bonehead has gone from nothing to $1,000,000, I would think $500,000 and let the cuts to military spending go ahead, a few less soldiers, a few less aircraft carriers, a few less wars, as far as the social side of the equation be gentle, you aren't out of the GFC yet despite some good looking statistics lately, and you know what, it wasn't Republician policies that brought that about.
Typical pablum... the President reminds me of Wimpy from the Popeye cartoon. "I'll gladly pay you Tuesday for a hamburger today."Quote:
Originally Posted by paraclete
http://www.getloans.com/blog/wp-cont...government.jpg
The Dems are very good at that canard . Instant tax increases in exchange for future budget cuts that never happen. Well not this time ! He wants Clintoon era taxation then we should have Clintoon era budgets . If he wants a bottom line... let's start with spending levels of 2008 .The year he began running roughshod over the country .
But Tom your whole economy is based in that theory, pay later, problem is the time to pay up has arrived. Look I agree with you, reality has to get into the mix, have Clinton taxes and expenditure, he balanced the budget.
As an aside and perhaps an insight from a different place. I was looking at our own budgetary position, you know, the one they said they can't return to surplus, it seems revenues have expanded at least 20% while they have been in office, and of, course so has expenditure. I expect the position could be similar over there if someone really took a close look at it. I'd be happy with expenditure five yeas ago, I'm sure you would too. Too much silght of hand in government, defer a little here, spend a little early here, change the inflation rate
If you go back to the Clinton economy, we still have two wars and a financial melt down (RIP OFF), to be dealt with. Obama didn't start at the same place that your guy did. He had major clean up, pest control and fumagating to do. To make it worse, conservatives have made a mess of the whole process so going over the cliff and restarting the whole debate is the way to go.
Maybe you guys will have a better chance of assimilating the Tea Party into your national Republican party when government returns to a semblance of effective, and efficient governance. Bet the founders and the population would be grateful.
I proposed as an alternative spending levels that Obama "inherited " .
Yes ,that's why Jeff Immelt is so prominent in his government . Rumors are that he will become the next Commerce Sec. That way he can complete his sell out of the US economy to the Chinese.Quote:
He had major clean up, pest control and fumagating to do
He is after all a huge fan of their communist economy .
Jeff Immelt: China's Communist Government "Works" | RealClearPolitics
I don't know Tom, as that rumor may just be a rumor. I hope so.
Jeffrey Immelt sours on Obama—Charles Gasparino - NYPOST.com
Its an old story but hardly one that gives me faith that this guy would be a treasury secretary
Well Tom you have uncovered another plot, devilishly cleaver those Chinese but why would they want to buy a bankrupt country now when they will get it for a fire sale later
They just want our business ;and Immelt was very accommodating sending GE jobs to China .
Trust me Tal . Immelt is the lead candidate .
Immelt for secretary of commerce | Prestowitz
| All times are GMT -7. The time now is 06:05 AM. |