Posted on 07/22/2011 10:30:20 AM PDT by Sub-Driver
"This isn't some wild-eyed socialist position."
The top 1% pay well over half of the tax revenues. The bottom 51% pay nothing. Now how did you say you wanted to share the sacrifice?
Here is how tax incentives work: You get less of what you tax and more of what you subsidize. Your *socialist* redistributive policies will produce fewer job-creating millionaires and even more people at the bottom with no incentive to work or better themselves.
.
Of course, we've been suffering and will continue to suffer simply because you are in office and the Senate is being controlled by a bunch of liberal nutballs.
Hey Barkey, I have a news flash for ya. We pay our bills too, but we don't use our VISA card to pay off the MASTER CARD or other credit card. We can ax our bosses for more money, but would get laughed out of the office.
“Well there must still be money available,” the wife says “because I still have more checks!”
Redistribution you can believe in™.
No, Mr. Jackass!
You and your socialist agenda will suffer!
Republicans gave you and Harry a plan to raise the ceiling but YOU refused to compromise on raising taxes!
Since the fedgov is in all transactions, you could not tax the income of the wealthiest, and the fedgov would still get all the money, assuming the wealthiest didn’t just keep their money in their mattress.
As they put it in the bank or market, that money would go out in loans or salaries or expense. From there, it would be taxed until it was all in the fedgov
Raising taxes does not bring any more money into the system. Only a change in the trade deficit will do that (or 0bamas printing press)
Absolute incoherent babbling.
READ off the teleprompter,cut 4 trillion, where,what,
raise taxes on the rich,who are the rich? Is that anyone who has a mortgage,donates to charity,pays state income tax,pays medical bills?
The man child is a raving lunatic that’s why he went to commieville Maryland,well we are going to see what happens when the debt ceiling does not get extended. I hope this putz gets buried in the polls
Screw him.I want us to default causing the gubmint to automatically cut spending 45%. Thats how you cut this bloated monster of a gubmint.So our interest rates go up well then I guess they will have to cut gubmint further to cover the rise in interest rates.We aint buying the sky is falling, barry.
PimpDaddy Barry won't be sitting in the Oval Office writing all those checks to send out to all us folks who need the government to survive.
And by "never", of course, he means except in 1790, 1862, 1934, and 1979.
Question about higher interest rates: Wouldn't a raise in rates just affect variable rate mortgages and credit cards, new home loans and purchases; but not fixed rates on current loans?
No one can afford to buy anything anyway,so this would seem like an interesting and well needed adjustment to separate the wheat from the chaff.
Obviously I am no economist, but higher rates do not scare me. In fact, I think it would be a mistake to pass a bad debt deal just to save interest rates.
Fine. Lobby for and sign “Cap, Cut, and Balance.”
While some might think your comment is funny, a friend of mine had a (now ex-) wife who did this to the tune of $25K. “I have checks in the book, the card always worked too”.
We have become a nation of 51% imbeciles.
Every American will suffer if a deal is not reached - for once Obama told the truth.
Of course, as with most socialists, the community organizer left out an important detail: Every American will suffer far more if a wasteful deal with too much spending is reached.
I'll survive, but will your candy ass make it?
Actually, I think it's all a scare tactic to make those suffering believe that's it WILL get worse unless the debt limit is raised.. so take your medicine by raising the debt... and oh yes, eat your peas.!
Obozo is a TRUE FAILURE as a so called leader.
Good grief!!
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