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View Poll Results: If the debt limit is NOT extended, who's fault is it?

Voters
12. You may not vote on this poll
  • The Democrats

    3 25.00%
  • The Republicans

    3 25.00%
  • The Tea Party

    1 8.33%
  • None of the above (it just happened - nobody knows why)

    1 8.33%
  • They'll extend it BEFORE the deadline

    4 33.33%
    speechlesstx's Avatar
    speechlesstx Posts: 1,111, Reputation: 284
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    #81

    Jul 11, 2011, 06:50 AM

    Standing in the way of what, disaster? I hope they continue to do so as the Democrats obviously think more spending is going to make it all better. Do you really believe that increasing the debt is going to help us reduce it? Do you really believe all their Orwellian talk about "revenues" and "shared sacrifice?" When almost half the country pays no taxes how is that "shared sacrifice?" I know, I'm "sacrificing" my hard-earned money so half the country they can have their share, which seems to be the left's definition of "fair share."
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
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    #82

    Jul 11, 2011, 07:10 AM
    Quote Originally Posted by speechlesstx View Post
    When almost half the country pays no taxes how is that "shared sacrifice?"
    Hello again, Steve:

    I don't know... I'll bet if you portrayed life as it IS, rather than right wing ideology, you would see the shared sacrifice... But, if you wish to remain blind to reality...

    This might be a good time to reprint my earlier rant on the FOX news thread.. I guess you missed it, since it pertains to your post above.
    ------------------------------
    Hello again, Steve:

    I'm not saying FOX ain't popular. I AM saying FOX is wrong- dead wrong!

    Let me give you an example... I was listening to John Gibson on FOX radio yesterday. Do they count? Well, he was WRONG - dead wrong... He was ranting on about how HALF of the people don't pay any taxes... (You got the email, didn't you?) He went on for 15 minutes or so, bemoaning about the unfairness of it all. He was yelling, they pay NOTHING, NADA, ZIPPO, ZERO. He asked if it was FAIR that HALF the people PAY NO TAX AT ALL! He was pissed off. He was indignant. He was righteous! And, he was WRONG.

    The group Gibson was talking about PAY state sales taxes... They PAY city sales taxes... They PAY property taxes... They PAY FICA federal taxes... They PAY federal unemployment taxes.. They PAY federal taxes on their phone.. They PAY federal taxes on their gasoline. They pay federal taxes on their internet..

    They pay LOTS of taxes... The only tax they DON'T pay, are federal income taxes... That's because they don't make enough. Now, you can SAY it's not fair that the poor don't pay income taxes. But, you can't say they don't pay taxes at all.

    That would be, what shall I call it - a LIE! A BIG fat, pants on fire LIE.

    excon
    speechlesstx's Avatar
    speechlesstx Posts: 1,111, Reputation: 284
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    #83

    Jul 11, 2011, 07:56 AM

    OK, let me rephrase since you don't seem to get the implied meaning, federal income tax. Local sales tax nets the feds nothing, if they pay property taxes it remains local and I have no figures on state taxes, do you? Their $6 a month phone and internet tax is not a "fair share" and their withholding is returned to them every year. So what's your point?

    Who pays income taxes
    Attached Images
     
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
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    #84

    Jul 11, 2011, 08:02 AM

    Hello again, Steve:

    So, if the problem is that both you and John Gibson FORGOT to insert the word INCOME taxes into your diatribe, I'll accept your correction.

    excon
    NeedKarma's Avatar
    NeedKarma Posts: 10,635, Reputation: 1706
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    #85

    Jul 11, 2011, 08:03 AM
    From Who Pays Taxes? | Mother Jones



    Well, tax day is Thursday, the media needed a good story, and the Drudge Report—which seems to serve as the assignment editor for 90 percent of the television producers in America—featured the story on its front page. As you may know, the Drudge Report has an agenda. And as you may suspect, the TPC study is misleading without context. Cable news is terrible at providing context. But this is one of those cases where excluding the context essentially makes the story wrong. Focusing on income taxes when you discuss Americans' tax burden ignores the fact that most Americans pay more in payroll taxes than they do in federal income tax. The truth is that only a very small percentage of Americans pay no federal taxes—and most of those folks are paying at least some state taxes.
    tomder55's Avatar
    tomder55 Posts: 1,742, Reputation: 346
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    #86

    Jul 11, 2011, 08:12 AM

    Todd: Let me jump to another topic, Scott Ferguson, he's upset about taxes, he says: "Explain how raising taxes on anyone during a deep recession is going to help with the economy." And he actually wants to you look at historical markers where this has been — you say, you know, where this has been a helpful thing coming out of a recession.

    Obama: Well, first of all, he is right. Normally, you don't raise taxes in a recession, which is why we haven't and why we have instead cut taxes. So I guess what I would say to Scott is his economics are right, you don't raise taxes in a recession. We haven't raised taxes in a recession. We don't have a…

    Todd: But you might for health care. You might for the highest -- for some of the wealthiest.
    Obama: The — we have not proposed a tax hike for the wealthy that would take effect in the middle of a recession. Even the proposals that have come out of Congress, which, by the way, were different from the proposals I put forward, still wouldn't kick in until after the recession was over.

    So he is absolutely right, the last thing you want to do is to raise taxes in the middle of a recession because that would just suck up — take more demand out of the economy and put businesses in a further hole.
    Obama: We must ?help Elkhart reinvent itself? - US news - The Elkhart Project - msnbc.com
    speechlesstx's Avatar
    speechlesstx Posts: 1,111, Reputation: 284
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    #87

    Jul 11, 2011, 08:29 AM
    Quote Originally Posted by NeedKarma View Post
    Unlike Drudge I'm sure Mother Jones has no agenda. How do local sales and property taxes and state income taxes help pay down the federal debt, which is what this thread is about.
    talaniman's Avatar
    talaniman Posts: 54,325, Reputation: 10855
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    #88

    Jul 11, 2011, 10:25 AM

    Letting the Bush tax cuts expire last year would have saved 400 billion dollars of the new debt, and letting them expire in 2012, cuts 800 billion. Any new tax change would not take effect until 2013.

    And anyone who has taxes deducted from their paycheck, has to file for it to get it back, after the Feds have made money off it. Seems the problem is some low information constituents have made some screwy assumptions.

    They aren't raising taxe RATES for anyone, just closing loopholes that only apply to the rich, and ultra rich, and corporations that pay NO taxes at all.

    Stop looking at Fox, or listening to conservatives with an unamerican agenda, why don't cha!!
    tomder55's Avatar
    tomder55 Posts: 1,742, Reputation: 346
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    #89

    Jul 11, 2011, 10:38 AM

    'unamerican' lol
    NeedKarma's Avatar
    NeedKarma Posts: 10,635, Reputation: 1706
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    #90

    Jul 11, 2011, 10:42 AM
    Quote Originally Posted by tomder55 View Post
    'unamerican' lol
    Fox News Channel controversies - Wikipedia, the free encyclopedia

    Not owned by an american.

    About News Corp: News Corporation - Wikipedia, the free encyclopedia
    Prince Alwaleed bin Talal al-Saud of Saudi Arabia, through his Kingdom Holding Company, owns 7% of News Corp.'s shares, making Kingdom Holdings the second largest shareholder.
    talaniman's Avatar
    talaniman Posts: 54,325, Reputation: 10855
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    #91

    Jul 11, 2011, 11:00 AM
    Originally Posted by tomder55
    'unamerican' lol

    Its unamerican to make billions, and not reinvest it, create jobs, or pay no taxes!!

    Is that the capitalism you are so in love with!!
    speechlesstx's Avatar
    speechlesstx Posts: 1,111, Reputation: 284
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    #92

    Jul 11, 2011, 11:31 AM
    Quote Originally Posted by talaniman View Post
    Stop looking at Fox, or listening to conservatives with an unamerican agenda, why don't cha!!!
    Well, it is easier than listening to Obama who, as tom pointed out, can't make up his mind if raising taxes in a bad economy is good or bad.
    talaniman's Avatar
    talaniman Posts: 54,325, Reputation: 10855
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    #93

    Jul 11, 2011, 11:33 AM

    What part of 2013 is so hard to understand??
    tomder55's Avatar
    tomder55 Posts: 1,742, Reputation: 346
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    #94

    Jul 11, 2011, 11:35 AM

    Really ;you sound like the AFL-CIO President Richard Trumka who said :
    we need to fundamentally restructure our economy and re-establish popular control over the private corporations which have distorted our economy and hijacked our government. That's a long-term job, but one we should start now.
    Sounds like fascism to me.

    What is unamerican is your class warfare rhetoric. What is unamerican is punishing success with punitive confiscatory taxes for the purpose of wealth redistribution . What is unamerican is for the government to tell an earner what they must do with what the government thinks is excess income. Capitalism works when there isn't government command and control .
    NeedKarma's Avatar
    NeedKarma Posts: 10,635, Reputation: 1706
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    #95

    Jul 11, 2011, 11:38 AM
    As an outsider it is the plainest fact you should all be able to see: corporations have hijacked your government.

    BTW this is the definition of fascism (you throw it aorund a lot without knowing what it means):
    "a governmental system led by a dictator having complete power, forcibly suppressing opposition and criticism, regimenting all industry, commerce, etc. and emphasizing an aggressive nationalism and often racism.
    speechlesstx's Avatar
    speechlesstx Posts: 1,111, Reputation: 284
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    #96

    Jul 11, 2011, 11:42 AM

    Or another definition for the board monitor: "the philosophy, principles, or methods of fascism."
    NeedKarma's Avatar
    NeedKarma Posts: 10,635, Reputation: 1706
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    #97

    Jul 11, 2011, 11:44 AM
    That's just refers to my definition so we agree on the definition. I'm stating that it doesn't apply to what tom wrote. Why are you replying for him by the way?
    speechlesstx's Avatar
    speechlesstx Posts: 1,111, Reputation: 284
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    #98

    Jul 11, 2011, 11:48 AM
    Quote Originally Posted by NeedKarma View Post
    That's just refers to my definiton so we agree on the definition. I'm stating that it doesn't apply to what tom wrote. Why are you replying for him by the way?
    Yes of course, you are always right right sir. I bow to your superior intellect and unquestionable judgment.
    NeedKarma's Avatar
    NeedKarma Posts: 10,635, Reputation: 1706
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    #99

    Jul 11, 2011, 11:50 AM
    Quote Originally Posted by speechlesstx View Post
    Yes of course, you are always right right sir. I bow to your superior intellect and unquestionable judgment.
    You probably aren't being entirely serious but I am available to help. :)
    ... without all the hyberbole and sarcasm.
    earl237's Avatar
    earl237 Posts: 532, Reputation: 57
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    #100

    Jul 11, 2011, 12:55 PM
    I sure hope the 14th amendment is an option if a deal can't be reached. Both parties are shockingly stupid and stubborn. One doesn't want to raise taxes and the other doesn't want to cut spending even though both are necessary. Obama is finally showing some backbone on this issue and urging them to get a deal made.

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