[quote]MaximusB wrote:
I think Dems lost their only ace up their sleeve, now that they raised taxes on the wealthy, what can they use for future leverage ?[/quote]
The taxes on the job creators should be higher is what they will most likely say. “We told you that everyone making 250-k and up should be taxed at a higher rate.”
Just a guess but what else can you say when your policies of tax the rich don’t work?
This went exactly like I thought it would go. So none of it is a surprise to me. If you step back and look at from a far, it’s actually how politics should work. Nobody got exactly what they wanted, everybody compromised and reached a deal.
The democrats control the senate and the executive, they were going to get things they wanted, period. But the republican controlled house prevented it from being a model reversal to bubble-up economics in a time where such a shift would absolutely traumatize the economy.
In the end it’s not great, but it better than it could have been. And now that it’s over, I can proceed in some investing with out the looming panic that ensues from an impending disaster.
Anybody who dug in their heals on the basis of principle at a time like this is a fool. Averting this cliff was more important than principle. In the end, the system worked…Kudos to our forefathers for their foresight.
[quote]tedro wrote:
The bottom line to the deal is that Republicans now hold the majority of the cards.
[/quote]
Never underestimate the Republicans uncanny ability to snatch defeat from the jaws of victory.
[quote]SteelyD wrote:
[quote]tedro wrote:
The bottom line to the deal is that Republicans now hold the majority of the cards.
[/quote]
Never underestimate the Republicans uncanny ability to snatch defeat from the jaws of victory.
[/quote]
McConnell has a pretty good op-ed this morning, saying many of the same things I alluded to. But you are right, all it takes is a handful of Republicans to refuse to give up their own pet projects and it turns into another free for all spending event. Just look at the hurricane Sandy relief package…
[quote]ZEB wrote:
[quote]MaximusB wrote:
I think Dems lost their only ace up their sleeve, now that they raised taxes on the wealthy, what can they use for future leverage ?[/quote]
The taxes on the job creators should be higher is what they will most likely say. “We told you that everyone making 250-k and up should be taxed at a higher rate.”
Just a guess but what else can you say when your policies of tax the rich don’t work?
[/quote]
We passed the “tax the wealthy” tax here, and the rich and businesses are they are leaving in droves. Did you know there is talk of a “departure tax” ? Yes, one last money grab, along with a vehicle miles traveled tax (where you are taxes for every single mile you drive).
I am telling you, give these Democrats an inch, they take a mile.
[quote]ZEB wrote:
Wow…you make problems worse by cutting social spending? No, you make problems worse by taking money out of the hands of job creators as Obama just did with this fiscal cliff quick fix.
[/quote]
You fucking idiots had the money put back into your pockets since 2001…where are all the god damn jobs?
[quote]VTBalla34 wrote:
[quote]ZEB wrote:
Wow…you make problems worse by cutting social spending? No, you make problems worse by taking money out of the hands of job creators as Obama just did with this fiscal cliff quick fix.
[/quote]
You fucking idiots had the money put back into your pockets since 2001…where are all the god damn jobs?
[/quote]
obama took them all.
[quote]Fletch1986 wrote:
[quote]MaximusB wrote:
I think Dems lost their only ace up their sleeve, now that they raised taxes on the wealthy, what can they use for future leverage ?[/quote]
Raise more taxes on the wealthy![/quote]
LOL
President Obama cut a video, distributed by his reelection, to reiterate his belief that the wealthiest Americans still arenâ??t paying their â??fair shareâ?? of taxes and to outline a second-term agenda ranging from environmental policy to gun control.
Obama started by celebrating the tax increases â?? â??making our tax code more progressive than itâ??s been in decades,â?? he said â?? that will take place because of the fiscal cliff deal.
â??Obviously, there is still more to do when it comes to reducing our debt,â?? Obama said in the video. â??And Iâ??m willing to do more, as long as we do it in a balanced way that doesnt put all the burden on seniors or students or middle class burdens but also asks the wealthiest Americans to contribute and pay their fair share.â??
LOL this forum really is pure comedic gold when the whinebox pussies start coming out…Zeb is especially hilarious to read…I considered putting him on the ignore list for a while but his posts are just too good…I can’t imagine what kind of business a man like that would fucking be in charge of lol
[quote]pat wrote:
This went exactly like I thought it would go. So none of it is a surprise to me. If you step back and look at from a far, it’s actually how politics should work. Nobody got exactly what they wanted, everybody compromised and reached a deal.
The democrats control the senate and the executive, they were going to get things they wanted, period. But the republican controlled house prevented it from being a model reversal to bubble-up economics in a time where such a shift would absolutely traumatize the economy.
In the end it’s not great, but it better than it could have been. And now that it’s over, I can proceed in some investing with out the looming panic that ensues from an impending disaster.
Anybody who dug in their heals on the basis of principle at a time like this is a fool. Averting this cliff was more important than principle. In the end, the system worked…Kudos to our forefathers for their foresight.[/quote]
Great post, Pat.
It’s DAMN frustrating at times…but this is the way things were meant to work.
Mufasa
[quote]ZEB wrote:
One more time IT WAS A 5% ACROSS THE BOARD TAX CUT FOR ALL TAX PAYERS! Completely fair!
[/quote]
EGTRRA
a new 10% bracket was created for single filers with taxable income up to $6,000, joint filers up to $12,000, and heads of households up to $10,000.
the 15% bracket's lower threshold was indexed to the new 10% bracket
the 28% bracket would be lowered to 25% by 2006.
the 31% bracket would be lowered to 28% by 2006
the 36% bracket would be lowered to 33% by 2006
the 39.6% bracket would be lowered to 35% by 2006
On a side note, you have no idea how happy it makes me that your higher taxes go to my salary…LOLOLO so awesome
[quote]VTBalla34 wrote:
[quote]ZEB wrote:
Wow…you make problems worse by cutting social spending? No, you make problems worse by taking money out of the hands of job creators as Obama just did with this fiscal cliff quick fix.
[/quote]
You fucking idiots had the money put back into your pockets since 2001…where are all the god damn jobs?
[/quote]
Countries without job-kiling regulations and taxes.
[quote]VTBalla34 wrote:
[quote]ZEB wrote:
One more time IT WAS A 5% ACROSS THE BOARD TAX CUT FOR ALL TAX PAYERS! Completely fair!
[/quote]
EGTRRA
a new 10% bracket was created for single filers with taxable income up to $6,000, joint filers up to $12,000, and heads of households up to $10,000.
the 15% bracket's lower threshold was indexed to the new 10% bracket
the 28% bracket would be lowered to 25% by 2006.
the 31% bracket would be lowered to 28% by 2006
the 36% bracket would be lowered to 33% by 2006
the 39.6% bracket would be lowered to 35% by 2006
On a side note, you have no idea how happy it makes me that your higher taxes go to my salary…LOLOLO so awesome[/quote]
Not to mention all the capital gains and estate and gift tax preferences given to all those poor people with all those stock holdings, estates, and gift-giving.
[quote]VTBalla34 wrote:
[quote]ZEB wrote:
One more time IT WAS A 5% ACROSS THE BOARD TAX CUT FOR ALL TAX PAYERS! Completely fair!
[/quote]
EGTRRA
a new 10% bracket was created for single filers with taxable income up to $6,000, joint filers up to $12,000, and heads of households up to $10,000.
the 15% bracket's lower threshold was indexed to the new 10% bracket
the 28% bracket would be lowered to 25% by 2006.
the 31% bracket would be lowered to 28% by 2006
the 36% bracket would be lowered to 33% by 2006
the 39.6% bracket would be lowered to 35% by 2006
On a side note, you have no idea how happy it makes me that your higher taxes go to my salary…LOLOLO so awesome[/quote]
Then fuck you, you parasitic piece of thieving garbage.
For anyone to be happy they are receiving wealth forcibly take from another who fairly created that wealth puts you on par with that white stuff that forms on the corner of my mouth when I’m really thirsty.
It is equivalent to a cop telling the victim of a crime he’s happy it happened so he gets overtime.
I refuse to read regurgitated evil like this. Ignored.
[quote]Mufasa wrote:
[quote]pat wrote:
This went exactly like I thought it would go. So none of it is a surprise to me. If you step back and look at from a far, it’s actually how politics should work. Nobody got exactly what they wanted, everybody compromised and reached a deal.
The democrats control the senate and the executive, they were going to get things they wanted, period. But the republican controlled house prevented it from being a model reversal to bubble-up economics in a time where such a shift would absolutely traumatize the economy.
In the end it’s not great, but it better than it could have been. And now that it’s over, I can proceed in some investing with out the looming panic that ensues from an impending disaster.
Anybody who dug in their heals on the basis of principle at a time like this is a fool. Averting this cliff was more important than principle. In the end, the system worked…Kudos to our forefathers for their foresight.[/quote]
Great post, Pat.
It’s DAMN frustrating at times…but this is the way things were meant to work.
Mufasa
[/quote]
I quite disagree with Pat here.
This ‘crisis’ is the result of laziness and lack of accountability. There was no reason this had to be hashed out at the last minute. Literally.
As details of how this went down continue to emerge, it smells even worse. Some hundred pages of legislation, loaded with pork no less, delivered unread, literally minutes before the vote.
That is NOT how the Founding Fathers intended legislation to be enacted. They actually used “thought”. We have elected representatives literally and directly affecting our lives voting on things they have not read.
The fact that they slightly mitigated some things is irrelevant in my mind. There is this thing called “entropy” that must be dealt with sooner or later.
All this did was administer some morpine and place a band-aid on a scratch on the forehead while the severed limbs continue to bleed out. They slightly prolonged a painful excrutiating death.
Sorry, at some point the mess needs to be dealt with and the spending must stop. Better sooner than later IMHO. Things are going to get much worse before the get better (long term).
This was just another dose of medicine for the people.
[quote]SteelyD wrote:
[quote]Mufasa wrote:
[quote]pat wrote:
This went exactly like I thought it would go. So none of it is a surprise to me. If you step back and look at from a far, it’s actually how politics should work. Nobody got exactly what they wanted, everybody compromised and reached a deal.
The democrats control the senate and the executive, they were going to get things they wanted, period. But the republican controlled house prevented it from being a model reversal to bubble-up economics in a time where such a shift would absolutely traumatize the economy.
In the end it’s not great, but it better than it could have been. And now that it’s over, I can proceed in some investing with out the looming panic that ensues from an impending disaster.
Anybody who dug in their heals on the basis of principle at a time like this is a fool. Averting this cliff was more important than principle. In the end, the system worked…Kudos to our forefathers for their foresight.[/quote]
Great post, Pat.
It’s DAMN frustrating at times…but this is the way things were meant to work.
Mufasa
[/quote]
I quite disagree with Pat here.
This ‘crisis’ is the result of laziness and lack of accountability. There was no reason this had to be hashed out at the last minute. Literally.
As details of how this went down continue to emerge, it smells even worse. Some hundred pages of legislation, loaded with pork no less, delivered unread, literally minutes before the vote.
That is NOT how the Founding Fathers intended legislation to be enacted. They actually used “thought”. We have elected representatives literally and directly affecting our lives voting on things they have not read.
The fact that they slightly mitigated some things is irrelevant in my mind. There is this thing called “entropy” that must be dealt with sooner or later.
All this did was administer some morpine and place a band-aid on a scratch on the forehead while the severed limbs continue to bleed out. They slightly prolonged a painful excrutiating death.
Sorry, at some point the mess needs to be dealt with and the spending must stop. Better sooner than later IMHO. Things are going to get much worse before the get better (long term).
This was just another dose of medicine for the people.[/quote]
If it worked the way it was designed, they’d never have been able to position the US on top of a cliff.
[quote]VTBalla34 wrote:
[quote]ZEB wrote:
One more time IT WAS A 5% ACROSS THE BOARD TAX CUT FOR ALL TAX PAYERS! Completely fair!
[/quote]
On a side note, you have no idea how happy it makes me that your higher taxes go to my salary…LOLOLO so awesome[/quote]
WOW.
Entitlement quote of the year…congrats, people like you are the reason the problem never gets fixed.
Unreal.
Are you happy that Dave Tate pays higher taxes because EliteFTS had a successful year? Maybe you should tell him that as well…I am sure he would love to discuss how happy you are that he is subsidizing your lazy ass.
D:
I’ll let Pat speak for himself…but what I am agreeing with are the underlying PRINCIPALS of debate and compromise…as opposed to dictatorial edicts…
Believe me…I wouldn’t consider our current lawmakers worthy of changing a Founders bed pan. But those Founders knew that we would not always have people in Office whom were always looking out for what’s better for the Nation. That’s why they set things up the way they did.
Mufasa
[quote]DoubleDuce wrote:
[quote]VTBalla34 wrote:
[quote]ZEB wrote:
One more time IT WAS A 5% ACROSS THE BOARD TAX CUT FOR ALL TAX PAYERS! Completely fair!
[/quote]
EGTRRA
a new 10% bracket was created for single filers with taxable income up to $6,000, joint filers up to $12,000, and heads of households up to $10,000.
the 15% bracket's lower threshold was indexed to the new 10% bracket
the 28% bracket would be lowered to 25% by 2006.
the 31% bracket would be lowered to 28% by 2006
the 36% bracket would be lowered to 33% by 2006
the 39.6% bracket would be lowered to 35% by 2006
On a side note, you have no idea how happy it makes me that your higher taxes go to my salary…LOLOLO so awesome[/quote]
Then fuck you, you parasitic piece of thieving garbage.
For anyone to be happy they are receiving wealth forcibly take from another who fairly created that wealth puts you on par with that white stuff that forms on the corner of my mouth when I’m really thirsty.
It is equivalent to a cop telling the victim of a crime he’s happy it happened so he gets overtime.
I refuse to read regurgitated evil like this. Ignored.[/quote]
I would expect nothing less than this from some dumbass backwoods hillbilly that can’t even fucking conceive of the millions of people making an honest living working in the non-private sector.
Hey genius, you do realize that means the MILITARY too right? Fucking dumbass
[quote]UtahLama wrote:
I am sure he would love to discuss how happy you are that he is subsidizing your lazy ass.[/quote]
LOL I spend 40 hours a week keeping this country safe so dumbasses like you can forget that not everyone who gets a check from the government is on welfare…are you people really this dumb?