Is it time for the federal government to increase your tax rate?

You sound like a great liberal!

at least you agreed that raising taxes could serve to lower GDP

you need to release your bias -- it's leading you to lose any ability to reason logically you previously had

 

I'm really not particularly liberal. I'll be voting for Gary Johnson and Judge Jim Grey in November.

It COULD serve to lower GDP, it just hasn't at any time in our nation's history.

I'm sorry you prefer theory over reality, but that's a Republican for you.

You're telling me to release MY bias?


BWAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAAHAAAAAAAAAAAAAAAAAAAAAAAAAHAHAHAHA

HEHEHEHAHAHAHAHAHAHHEHEHEHEHAHAHAHAHHAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

BWAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA...

 

really? which of the two is the taxpayer not on the hook for, sovereign or personal debts-

Getting out of 15 trillion of household debt and 16 trillion dollars of sovereign debt are the same challenge to a taxpayer.
Presidents have always booked money from the trust funds to give the illusion there are surpluses. Ask Mr. Google about it.

 

"big"texxx gets his ass handed to him in every argument he initiates and every thread he posts.

Ppl, pls take it easy on him, you're just making his inferiority complex worse (which will lead to more of his threads).

 

actually I exposed extreme hypocrisy in this thread, and that struck a nerve with the liberals. The pile on technique you're trying to employ won't work. Sorry, hypocrite liberals. You've been outed.

 

The fact that politicians have been able to even a few people into thinking we have a revenue problem is impressive.

This is like saying that making a million dollars a year as a married couple is not enough and thinking you need to make more. That is no longer a revenue problem. It's now become an expense problem.

The US government makes way more than enough in tax revenue. They need to fix the expense problem.

 

Oops that should have read been able to convince even a few people.

 

After repeated tax cuts over the last 30 years, we have developed a revenue problem. We need to address the expenses as well, but claiming that the "US government makes way more than enough in tax revenue" without anything to support that contention is just silly.

 

Not really, since individuals and sovereigns are entirely different and have vastly different incentives and abilities to deleverage - but since you can make an indirect argument re taxes, we should treat them as the same in order to cover for the factual error you made in pretending like those slovenly lazy spanish socialists weren't being good worker bees and balancing budgets (excpet that they were...).

Since we're doing that why don't we just abolish all personal private property and state property and just call it "ours" then we can also just say every debt is a credit somewhere and then it all comes out to zero.....wow that was easy. I just balanced the Force.

I do actually like your posts though because you don't hide that it's mostly morality and emotion that drives a lot of right wing economics these days about spending & debt.

 

Why does every startup begin in SF with its stupid regulations and taxes? Taxes have very little correlation with gdp growth as I posted in another thread.

It kind of does suck that I think only 90k is exempt from taxes even if you live 365 days in another country, but at least you get 90k tax free.

 

Yes, your own.

 

And you still get the foreign tax credit. For income in excess of 90K that has been taxed by foreign countries.

 

The government spends 1.5 times the money it brings in. I'm all for cutting government spending and raising taxes as long as we do in a smart way. We need efficiency.

 

You would make a great politician...

Everyone pay attention:
1. Individuals and governments are different. check
2. The American people are on the hook for the federal debt and their personal debt. check

Mr. SamFisher, all that I said and all that is implied is that taxpayers have to repay personal debt, local debts, state debts, and federal debts.

I never said anything or implied anything about the Spanish being lazy socialists that was rude for you to say, I said that they built up a real estate credit bubble that popped loudly like ours did in the neighborhood of '08.

Credit bubbles are debt bubbles, same animal.

We have a massive economy with regards to the rest of the world and it is unlikely we would tumble in the same manner that Argentina did or Greece is sliding towards.

That is one reason our fiat money is still the safe haven of choice for investors and our money is not inflating faster than it is. (Due to the strength of our economy relative to the global economy) I persoanlly don't believe the US is going down quickly- but we are swimming with weights and we have a long way to go.

The pressure to increase government spending (debt), live up to SS, medicare and prescription drug liabilities, and to maintain a middle class only will lead us to more massive debts.

You are obviously a liberal, great I voted for McGovern. But today, I am not on the side of the right, I would not vote republican or democrat as long as they serve global corporations who really care less about anything but money.

Mr. Romney doesn't get my vote.

We spend too much on the military, entitlements and we have too much liability with the baby boomers to be optimistic past the next 4-5 years.

I believe President Obama will be re-elected, glad for him, good luck and in 4 yrs we can debate a new and hopefully less dark future.

Unless we reverse our plunge into debt then inevitably end of the American Empire.

 

Spending is the bigger issue. Just slash all programs across the board. It'll never happen though...

 

One important thing to realize is that govt. spending is between 25% and 50% of our GDP. If we cut the government spending that's also cutting the United States GDP. How much do we want our GDP to drop?

 

Slash all programs by 1/3? If you think Europe's problems are bad, cut every US federal government program by 1/3 (you have to include the military, SS, and Medicare in that draconian cut) and see the downward spiral we were in circa 2007-2008 return.

 

Lol. Do you even believe the bull**** that is spewing out of your mouth?

 

How many Republicans here support a flat-tax?