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Topic Title: After two years of Obama...
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Created On: 04/12/2011 04:45 AM
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 04/13/2011 03:28 AM
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scombrid

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Originally posted by: ograbac  It also demonstrates that he seems to have a belief that people can just run out and buy a car anytime they want.

If you are middle class an cannot afford to replace a gas guzzler when it's duty cycle runs out you need to learn how to budget. 

If you are middle class and now driving a gas guzzler and have owned if for 10 year or less and are bitching about gas prices you are a moron.

 

The biggest tax break the working poor or middle class could get right now would be for gas prices to drop a dollar or more per gallon.

Since the people that own the government and control the economy want people that contol only 10% of the wealth to pay all of the taxes I'm not sure how to pay for roads without fuel taxes. 

You take away fuel tax and money for roads is going to have to come from somewhere.  Can't tax the rich people.  Will have to put up tolls everywhere to make up the difference.

 



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 04/13/2011 04:32 AM
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TueurDePoisson

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How about if you fairly flat tax everyone and let everyone pay his/her fair share?

 04/13/2011 04:54 AM
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follydude

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the GOP hates that idea. their big business buddies won't get the subsidies, loopholes and exemptions like the 2/3rds of top corporations who pay no taxes.
 04/13/2011 05:02 AM
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TueurDePoisson

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Originally posted by: follydude the GOP hates that idea. their big business buddies won't get the subsidies, loopholes and exemptions like the 2/3rds of top corporations who pay no taxes.

 

Who said anything about taxing corporations. Flat tax any income that an individual makes. The profit from those corporations goes into some individuals account at some time.

 04/13/2011 05:05 AM
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follydude

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LoL: the Flat Tax.

hey, i'm a commercial fisherman. i trade my crabs, clams, oysters & shrimp to my buddy the farmer for chickens, eggs, and beef. if i need fuel for the boat, i trade shrimp with the fuel man.

that way, only the sucker working for the man pays taxes.

 04/13/2011 05:28 AM
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Streets

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Originally posted by: follydude

the GOP hates that idea. their big business buddies won't get the subsidies, loopholes and exemptions like the 2/3rds of top corporations who pay no taxes.

When nearly half the population pays no taxes at all, and when one percent of all taxpayers pay over 90% of all income taxes collected, it's hardly a "GOP and their corporate buddies" that favors the current system.

What, you don't think the Dem politicians like things the way they are? Setting tax rates are their bread and butter; without such a thing to sell ---"I can vote for lower taxes if you can see your way to supporting my candidacy"--- no politician in Washington could survive.

About the flat tax: If it's to be truly fair, it'll be the same rate for everyone, right? I think they're talking of 22%. Okay, considering the middle class is now paying --after deductions-- about 15%, and the wealthy are paying just under 30% (after deductions), the flat tax rate would suck for the middle class and be a bonus for the rich.

And the poor? Like now, they'll pay no tax at all. In fact, if you believe Neal Boortz, they'll actually receive money from the government.
 04/13/2011 05:47 AM
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follydude

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...nearly half the population pays no taxes at all.

well, duh!

nearly half the population is comprised of the following: children & students, stay-at-home moms [or increasingly, dads], the unemployed, retirees, the disabled.

anticipating your retort, yes, nearly half of all households pay no federal taxes, but you exclude, payroll taxes (the governments gets to hang onto the money), social security and medicare, excise taxes (alcohol, airfare, phones, etc), fuel taxes, etc...

so, tell me again what's the arguement in favor of top corporation getting out of paying tax? if you and i off-shored income to avoid paying taxes, we'd be jailed.

 04/13/2011 06:15 AM
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Streets

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Thanks to the manic borrowing and spending by Obama. . .

US lacks credibility on debt, says IMF
By Chris Giles and James Politi in Washington
Published: April 12 2011 19:15 | Last updated: April 13 2011 09:49

The US lacks a "credible strategy" to stabilise its mounting public debt, posing a small but significant risk of a new global economic crisis, says the International Monetary Fund.

In an unusually stern rebuke to its largest shareholder, the IMF said the US was the only advanced economy to be increasing its underlying budget deficit in 2011, at a time when its economy was growing fast enough to reduce borrowing.

The latest warning on the deficit was delivered as Barack Obama, the US president, is becoming increasingly engaged in the debate over ways to curb America's mounting debt.

To meet the 2010 pledge by the Group of 20 countries for all advanced economies - except Japan - to halve their deficits by 2013, the US would need to implement tougher austerity measures than in any two-year period since records began in 1960, the IMF said.

In its twice-yearly Fiscal Monitor, the IMF added that on its current plans the US would join Japan as the only country with rising public debt in 2016, creating a risk for the global economy.

he debate over US fiscal policy is expected to intensify in the coming weeks and months, as the US hits its congressionally mandated debt limit of $14,300bn. Without approval by lawmakers to increase it, the US could face potential default as early as July, and so far Republicans and Democrats remain some distance from reaching a deal.

Continues. . .




 04/13/2011 06:51 AM
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Streets

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follydude, you've got me all wrong, man.

I'm for raising taxes (the higher the better). And not just on the rich, either. I want them to go up for everyone! Poor, middle class, corporations, the higher the better.

That's why I support the one-size-fits-all Fair Tax. Everyone pays the same percentage of their income. Big wrinkle, though, is that there'll be no more deductions, no more exclusions of taxable income, no more credits; you make it, you owe the gov't a percentage. Big or small, everyone pays the same percentage of what they earn.

I think a straight 25% with no deductions ought to do the trick.

Squeeze them 'til they squeal like the little piglets that they are.

What's that you say? You're only paying 15% presently, which means your taxes would go up? And the rich guy two streets over, he's paying over 30% now, so he'll be getting a great tax cut?

Hey, fair's fair, right?

And the poor guy, the one that's paying no taxes now, what about him? Is that what you want to know? Why, he'll get a check from Uncle Obama with which he'll pay his "fair" share.

Heh, heh.

NOTE: Bolded text added after realizing I'd completely forgotten to insert it earlier. Mea culpa. Thanks for pointing that out, ghost.

Edited: 04/13/2011 at 01:15 PM by Streets
 04/13/2011 06:54 AM
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ghostofbillsurf2

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Originally posted by: Streets

follydude, you've got me all wrong, man.



I'm for raising taxes (the higher the better). And not just on the rich, either. I want them to go up for everyone! Poor, middle class, corporations, the higher the better.



Squeeze them 'til they squeal like the little piglets that they are.



I think a straight 25% with no deductions ought to do the trick.



What's that you say? You're only paying 15% presently, which means your taxes would go up? And the rich guy two streets over, he's paying over 30% now, so he'll be getting a great tax cut?



Hey, fair's fair, right?



And the poor guy, the one that's paying no taxes now, what about him? Is that what you want to know? Why, he'll get a check from Uncle Obama with which he'll pay his "fair" share.



Heh, heh.


Do you even read the dumbass crap you post...you say you want them to go up for EVERYONE then say the rate should go down for the rich...Are you truly going senile dumbass?
BTW-need me to explain why banks would make risky loans again? Seems you never thanked me for walking you through this process since you were continuously making yourself look the dumbass prior to my explanation



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Ograbac is a fat lazy bearer of false witness against people.....He is a hypocrite and fake christian.
 04/13/2011 09:27 AM
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crankit

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There are no deductions in the fair tax!



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"The problems we face today exist because the People who work for a living are outnumbered by those who vote for their living."

 04/13/2011 09:30 AM
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ghostofbillsurf2

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Then everyone should retroactively pay back all their child deductions

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Ograbac is a fat lazy bearer of false witness against people.....He is a hypocrite and fake christian.
 04/13/2011 11:15 AM
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ghostofbillsurf2

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Here is a thread where you posted right after Tpap (even though you say you never heard of him) and were adding to his gas commentary

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Ograbac is a fat lazy bearer of false witness against people.....He is a hypocrite and fake christian.
 04/13/2011 12:14 PM
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ograbac

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Originally posted by: scombrid

Originally posted by: ograbac  It also demonstrates that he seems to have a belief that people can just run out and buy a car anytime they want.




If you are middle class an cannot afford to replace a gas guzzler when it's duty cycle runs out you need to learn how to budget. 




If you are middle class and now driving a gas guzzler and have owned if for 10 year or less and are bitching about gas prices you are a moron.




 
The biggest tax break the working poor or middle class could get right now would be for gas prices to drop a dollar or more per gallon.




Since the people that own the government and control the economy want people that contol only 10% of the wealth to pay all of the taxes I'm not sure how to pay for roads without fuel taxes. 




You take away fuel tax and money for roads is going to have to come from somewhere.  Can't tax the rich people.  Will have to put up tolls everywhere to make up the difference.




 



Again, dumbass, that was a quote. That someone has ten kids, had them years ago, the economy went sour. What do you think dumbass?

Your comments are far from the real world people are living in today. You may be one of the lucky ones to be doing great today but many others are suffering.

Ignorant pricks like you think that if they're doing okay the rest of the world should be too! I would love to see you wake-up.... if not, lose your job like millions of others and then you'd see the light. Too bad for people like you, it usually takes the latter.
 04/13/2011 12:35 PM
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scombrid

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So who gets to pay for the roads to replace the fuel taxes that you want repealed?

People are hurting, why are you giving the banksters a pass for their action in the housing bubble and financial meltdown?



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 04/13/2011 12:45 PM
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scombrid

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Originally posted by: ograbac  Again, dumbass, that was a quote.

You pasted it.

The article wants to lecture people about the effect of high fuel prices on poor and middle income people.  Whoopy. 

How do you or the author of the piece propose that we lower prices?

He suggested getting rid of fuel taxes.  Okay, then replace the fuel taxes with what? 

How about lowering the price of crude?  Do you really think that domestic production can make a real dent?

Also, you're talking about the economy going south and all the people hurting.  You do realize that the economy started going hay-wire in 2007?



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 04/13/2011 01:00 PM
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crankit

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Production--drill for oil--creates jobs, cuts dependency on foreign oil, build new refinery-creates jobs!

Services under the U.S. Department of the Interior estimate the total volume of undiscovered, technically recoverable oil in the United States to be roughly 134 billion barrels.[6][7] Over 1 million exploratory and developmental crude oil wells have already been drilled in the US since 1949.[8]

The Minerals Management Service (MMS) estimates the Federal Outer Continental Shelf (OCS) contains between 66.6 and 115.1 billion barrels (10.59×10^9 and 18.30×10^9 m3) of undiscovered technically recoverable crude oil, with a mean estimate of 85.9 billion barrels (13.66×10^9 m3). The Gulf of Mexico OCS ranks first with a mean estimate of 44.9 billion barrels (7.14×10^9 m3), followed by Alaska OCS with 38.8 billion barrels (6.17×10^9 m3). At $80/bbl crude prices, the MMS estimates that 70 billion barrels (11×10^9 m3) are economically recoverable. As of 2008, a total of about 574 million acres (2,320,000 km2) of the OCS are off-limits to leasing and development. The moratoria and presidential withdrawal cover about 85 percent of OCS area offshore the lower 48 states. The MMS estimates that the resources in OCS areas currently off limits to leasing and development total 17.8 billion barrels (2.83×10^9 m3)(mean estimate).[6]



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"The problems we face today exist because the People who work for a living are outnumbered by those who vote for their living."

 04/13/2011 01:08 PM
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ograbac

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Originally posted by: scombrid

Originally posted by: ograbac  Again, dumbass, that was a quote.




You pasted it.




The article wants to lecture people about the effect of high fuel prices on poor and middle income people.  Whoopy. 




How do you or the author of the piece propose that we lower prices?




He suggested getting rid of fuel taxes.  Okay, then replace the fuel taxes with what? 




How about lowering the price of crude?  Do you really think that domestic production can make a real dent?




Also, you're talking about the economy going south and all the people hurting.  You do realize that the economy started going hay-wire in 2007?



You have no clue!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
 04/13/2011 01:18 PM
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ghostofbillsurf2

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Yeah Scom-you have no clue
Even though Ogra has been wrong about every single thing he ever posts, he believes stupid chainmails, tries to say he is "independent" but was completly silent as Bush wrecked us with deficits and socialistic policies, and that is the tip of the iceberg of his stupidity we have seen from his posts

You have no clue....haha

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Ograbac is a fat lazy bearer of false witness against people.....He is a hypocrite and fake christian.
 04/13/2011 01:33 PM
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ograbac

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scom..... your last answer had nothing to do with what I said.... must be a lawyer....probably a bankruptcy lawyer no less.
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