[jamest91]

Originally Posted by starshot44

As a Canadian - are you guys happy Obama won??

Hell ya I am man!! I get to pay for millions of people to get healthcare for free! I also get to pay for them to eat, sleep, watch tv, text on their iphone, and consume alcohol!

I am also glad we will cut military spending and bring the rest of our boys home. Unfortunately, my mom will now lose her job because of this. At least on the bright side my family still won't qualify for government aid, but we will just make 1/2 what we do now.

Definitely excited to be looking forward to starting to pay off our soon-to-be $24 trillion debt with our tax increases, but atleast middle class families will only be making a couple thousand less per year.

Also, I can't wait until businesses get taxed more and I lose my job due to private sector cut backs caused by less spending and uncertainties with the government to business relationship.

[drgonzo]

Originally Posted by jamest91

Hell ya I am man!! I get to pay for millions of people to get healthcare for free! I also get to pay for them to eat, sleep, watch tv, text on their iphone, and consume alcohol!

Rest assured that actually other people will probably be paying for you.

[drgonzo]

Originally Posted by Umami

I take more comfort in Romney losing than Obama winning.

There is quite a bit of truth in this, not the least reason for which is that Republicans still control the house, so they will do their best to **** everything up anyway.

Originally Posted by Umami

We've been over this before, I'm becoming concerned about your ability to acquire new information.

He has demonstrated almost no such ability.

[chodeyg]

I am mostly happy all the uneducated folks who claim the ACA is socialism will forget about it, and they will.

Funny how when you pay for others benefits in an inefficient, government subsidized manner and ask private hospitals to provide pro bono care, or it is absorbed by the taxpayer, its capitalism. Lol, just lol.

[jamest91]

Originally Posted by chodeyg

I am mostly happy all the uneducated folks who claim the ACA is socialism will forget about it, and they will.

Funny how when you pay for others benefits in an inefficient, government subsidized manner and ask private hospitals to provide pro bono care, or it is absorbed by the taxpayer, its capitalism. Lol, just lol.

many things are paid for by taxpayers (upper half of the country), so why add even more to that?

[drgonzo]

Originally Posted by jamest91

taxpayers (upper half of the country)

Grow up.

[TheSilentAssassin]

But, but, but 47% don't pay taxes...

[jamest91]

Originally Posted by TheSilentAssassin

But, but, but 47% don't pay taxes...

Glad to see someone on the left finally acknowledges this horrific percent.

[licence2kill]

Mitt Romney got 47% of the vote.

Just saying.

[drgonzo]

Originally Posted by jamest91

Glad to see someone on the left finally acknowledges this horrific percent.

Seriously, grow up.

[marcozombie]

...tapdancingChrist Bill Kristol! Why didn't you say this to your ilk months ago!

http://www.washingtonpost.com/blogs/...he-first-time/


"You know what? It won’t kill the country if Republicans raise taxes a little bit on millionaires. It really won’t, I don’t think.

I don’t really understand why Republicans don’t take Obama’s offer to freeze taxes for everyone below $250,000. Make it $500,000, make it a million.

Really? The Republican party is gonna fall on its sword to defend a bunch of millionaires, half of whom voted Democratic, and half of whom live in Hollywood and are hostile to Republicans?"

[Blake360]

How about decreasing spending so you don't have to raise taxes in the first place? But that's obviously unrealistic since they don't know any better than to spend more than they take in.

[jamest91]

Originally Posted by marcozombie

...tapdancingChrist Bill Kristol! Why didn't you say this to your ilk months ago!

http://www.washingtonpost.com/blogs/...he-first-time/


"You know what? It won’t kill the country if Republicans raise taxes a little bit on millionaires. It really won’t, I don’t think.

I don’t really understand why Republicans don’t take Obama’s offer to freeze taxes for everyone below $250,000. Make it $500,000, make it a million.

Really? The Republican party is gonna fall on its sword to defend a bunch of millionaires, half of whom voted Democratic, and half of whom live in Hollywood and are hostile to Republicans?"

Those millionaires and other making a decent amount of money are generally the ones who create well/decent paying stable jobs....

taxing and regulating them as much as u possibly can before they leave the country or outsource(more?) isn't exactly the right way to go.

[licence2kill]

Originally Posted by Blake360

How about decreasing spending so you don't have to raise taxes in the first place? But that's obviously unrealistic since they don't know any better than to spend more than they take in.

We're not raising taxes. We're letting a tax cut which was never paid for expire as it was written from the onset.

[licence2kill]

Originally Posted by jamest91

Those millionaires and other making a decent amount of money are generally the ones who create well/decent paying stable jobs....

taxing and regulating them as much as u possibly can before they leave the country or outsource(more?) isn't exactly the right way to go.

This is wrong. What you're arguing is that the rich have large pools of savings which are converted into investments (hence the S=I identity) which raises our output ceiling. However, compared to other countries with more progressive taxation and/or less inequality, the U.S. generally has a lower level of aggregate savings.

[drgonzo]

Originally Posted by licence2kill

We're not raising taxes. We're letting a tax cut which was never paid for expire as it was written from the onset.

Actually since the lower income tax cuts will stay in place, we are cutting taxes.

Originally Posted by jamest91

Those millionaires and other making a decent amount of money are generally the ones who create well/decent paying stable jobs....

taxing and regulating them as much as u possibly can before they leave the country or outsource(more?) isn't exactly the right way to go.

Seriously? This has been debunked in this very forum repeatedly in threads I'm pretty sure you participated in. The upper class has done AWESOME over the last 30 years and now enjoy taxation near history lows, so where are the ****ing jobs?

Just because you wish something was true doesn't make it true. GROW UP.

[licence2kill]

Originally Posted by drgonzo

Actually since the lower income tax cuts will stay in place, we are cutting taxes.

Well there you go.

Also, in a perfect world, I would extend the bush tax cuts for everyone for a few more years until employment has fully recovered.

However I fear by that time they may be impossible to reverse.

[jamest91]

companies rely on stock and investment. who do you think makes up the majority of stock and investment ownership for companies? It isn't millions of people owning 1-2 shares. We need to worry less about making people pay more and worry more about trying to spend less. Making people pay more isn't exactly going to help the deficit at all, but it will definitely make small businesses less likely to want to employ people if they are going to have to be paying more.


Article by Investor's Business Daily explains what I am trying to get at with my remarks: http://news.investors.com/ibd-editor...l-business.htm

[Blake360]

Originally Posted by drgonzo

The upper class has done AWESOME over the last 30 years and now enjoy taxation near history lows, so where are the ****ing jobs?

Obama has been too busy campaigning so he has been unable to make them.

[TheSilentAssassin]

He's been campaigning for 30 years? That's impressive.

[licence2kill]

Originally Posted by jamest91

companies rely on stock and investment. who do you think makes up the majority of stock and investment ownership for companies? It isn't millions of people owning 1-2 shares.

companies rely on a lump sum of savings for financing, whether it comes from the wealthy or middle class.

Also, we have no clue what Obama is going to do with his 4 years. Let's wait and see what he does with taxes before assuming he is going to do exactly what he said he would. We need to worry less about making people pay more and worry more about trying to spend less.

http://www.econbrowser.com/archives/...rch_of_fi.html