Budget talks: This is getting nasty

he stared them down as they wrote their decisions. It worked!

 

Specifics please. Otherwise it's just liberal sound-byte warm and fuzzies.
Where are you going to cut? Who are you going to tax?
Do you realize that taxing the ones who are avoiding it won't mean anything other than they'll pass the burden down the pike? (I'm not saying it's fair, but it's what will happen). So in turn, you further punish the people you're allegedly trying to help.

 

Have the Koch Bros. released a hardcover book of "100,000 Reasons Taxes Must Never Be Raised On The Rich" ?

 

I'm not "Full 'Tea Party' Crazy" and believe this works in theory. And, I'd be willing to support it if I thought it would actually work -- especially if we lowered taxes once we got things in order.

The problem is, for every $1.00 of additional revenue we send Washington, they'll spend $1,40.

And, they won't just spend it, they're likely to waste it. They'll spend it on programs we don't need or that don't work. They'll grow bureaucracy. They'll reward donors. Etc., etc., etc.

Let's see the cuts. Let's see Government be responsible with our money.

If they can do that, they'll have a good case that additional revenues will be used to pay down the debt and not wasted.

 

I heard today that if we taxed the top 8,100 earners in this country, all those making over $10 million a year, at a 100% rate we could pay for 18 days worth of government spending at its current rate. So, just over two weeks. What are we going to do for the other 50 weeks in the year? Kind of makes the "tax the rich" mindset seem a little foolish, no?

 

More about today's unemployment numbers:

 

That's nice and logical. So, because one crazy, conjured scenario is awful for rich people, then any scenario in which the rich pay a higher percentage is also awful.

I see.

 

You're starting to catch on. Reason No. 72,383.

 

No, just pointing out that even if we soak the rich for all they are worth we are not making much of a dent in the deficit. Unless we MASSIVELY cut spending we are on a ship to nowhere.

Here are some of Obama's remarks from a speech at a DNC event this week:

"But the thing that we all have to remember is, is that as much good as we’ve done, precisely because the challenges were so daunting, precisely because we were inheriting so many challenges, that we’re not even halfway there yet.

When I said, “change we can believe in,” I didn’t say “change we can believe in tomorrow.” (Laughter.) Not “change we can believe in next week.” We knew this was going to take time, because we’ve got this big, messy, tough democracy. And that’s the great thing about America is, is that there are all these contentious ideas that are out there, and we’ve got to make our case. And we knew that these challenges weren’t made overnight and they weren’t going to be solved overnight."

So we are not even halfway there yet, our "messy democracy" is getting in the way and he needs more time. How can anyone take this guy seriously? He talks about taxing the rich, calls people that make $250,000 a year "millionaires and billionaires" and doesn't really have any firm plan but more "hope and change" while needing more time to figure things out.

And he could get a lot more done if that pesky "democracy" would stay out of the way! Talk about a guy that craves unchecked power...it will be a great day when he is voted out of office in 2012. Never have seen someone say so much unintentionally while saying nothing of substance.

 

Your example remains weak (so to be rich do you have to make more than $10 million per year?). And the inferences you make from Obama's comments have me wondering if Rush Limbaugh read them to you.

 

Short term -


- 5% spending cut across every federal program.

- 25% one-time cut in DoD spending. Future funding awaits completion of department-wide audit.

- Bush tax cuts lapse.

- Capital gains taxes brought into line with same-bracket income taxes, i.e. from 0% to 38% at top.

- All loopholes closed for individual and corporate filers.

 

And now America has pulled a Crash Davis and been demoted from AAA.