If Bush Tax Cuts Expire, How Much Do My Taxes Go Up?

Discussion in 'Blazers OT Forum' started by BLAZER PROPHET, Nov 10, 2012.

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  1. PapaG

    PapaG Banned User BANNED

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    If I have my way, the GOP will stand aside and let Obama get his way. Let's hasten the coming of the impending collapse.
     
    PapaG, Nov 11, 2012
    #21
  2. jlprk

    jlprk The ESPN mod is insane.

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    Bush gave massive tax cuts to the rich and fought 2 wars, all on a credit card granted by your enemy China.

    You expected Obama to bail you out like Clinton did while you kicked him around for 8 years.

    Your chickens have come home to roost. Now, you repay your debt. You fund Bush's mistakes.
     
    jlprk, Nov 11, 2012
    #22
  3. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    And our kids, their kids, and their kids' kids will be paying for 8 years of Obama.
     
    Denny Crane, Nov 11, 2012
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  4. BlazerCaravan

    BlazerCaravan Hug a Bigot... to Death

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    FTFY. Maybe Chelsea Clinton will force a balanced budget agreement in her first term and our kids' kids can have a nice surplus again. :ghoti:
     
    BlazerCaravan, Nov 11, 2012
    #24
  5. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    Obama ran up more debt in 4 years than W in 8.
     
    Denny Crane, Nov 11, 2012
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  6. PapaG

    PapaG Banned User BANNED

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    That was Dubya's fault, though.
     
    PapaG, Nov 11, 2012
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  7. jlprk

    jlprk The ESPN mod is insane.

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    It was, and 300 electoral votes say so.
     
    jlprk, Nov 11, 2012
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  8. jlprk

    jlprk The ESPN mod is insane.

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    jlprk, Nov 11, 2012
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  9. mook

    mook The 2018-19 season was the best I've seen

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    Technically, they should properly be described as "The Bush Tax Cut Sunset," since the cuts were specifically designed to sunset (in order to hide the disastrous hole they put in long-term budgets).

    Obama is merely following the plan set forth by Bush, at least on upper incomes.
     
    mook, Nov 12, 2012
    #29
  10. BLAZER PROPHET

    BLAZER PROPHET Well-Known Member

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    Odd. The US Spureme Court disagrees with you. Also, the State of Florida is reporting up to 180,000 suspect votes- of which 80% are for democrats. Kinda makes one think.
     
    BLAZER PROPHET, Nov 12, 2012
    #30
  11. Eastoff

    Eastoff But it was a beginning.

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    The Bush Tax cuts expiring will hurt the rich quite a bit more than the poor.
     
    Last edited: Nov 13, 2012
    Eastoff, Nov 13, 2012
    #31
  12. DaLincolnJones

    DaLincolnJones Well-Known Member

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    what you ment to say was "The Bush tax cuts will hurt the EMPLOYED more than the poor"

    but really, ask those that you know are comfortable..they are just glad to have made it before this shit hits the fan, they will be fine..
     
    DaLincolnJones, Nov 13, 2012
    #32
  13. blazerboy30

    blazerboy30 Well-Known Member

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    Here's the inconsistency in your thoughts. You want to raise taxes on the rich because they don't need that much money and it won't affect them. Yet now you claim tha expiring bush's tax cuts will hurt the rich. Which is it?
     
    blazerboy30, Nov 13, 2012
    #33
  14. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    http://www.factcheck.org/2011/08/howard-dean-overstates-cost-of-tax-cuts/

    From the above link, I see that:

    The rich get 20-25% of the sum of the tax cut benefits.

    Two years of the tax cuts was ~$365B, or ~$182.5B per year. Lets err on the worst case as proclaimed by the left - 25%. Raising taxes on those making $250K or more would cut $45B from a $1.1T deficit. Love the disconnect. It's a fart in the breeze.

    It's nothing more than jealousy or revenge or some other WORTHLESS reason.

    Letting the whole tax cuts package expire gets the deficit down to still over $920B.

    The sorry truth is we'd raise $45B in revenues and Obama would spend it all plus another $40B, so the deficit would actually go up!

    We have a spending problem, not a revenue problem.
     
    Denny Crane, Nov 13, 2012
    #34
  15. ABM

    ABM Happily Married In Music City, USA!

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    ABM, Nov 13, 2012
    #35
  16. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    No Paul. The smart people knew you were going to lose. The seriously delusional people thought you were going to win.

    barfo
     
    barfo, Nov 13, 2012
    #36
  17. BLAZER PROPHET

    BLAZER PROPHET Well-Known Member

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    I stated consistently they'd lose. So, barfo, am I smart?
     
    BLAZER PROPHET, Nov 13, 2012
    #37
  18. ABM

    ABM Happily Married In Music City, USA!

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    Really? One might think it would take more than a 3mil win to make that particular boast.
     
    ABM, Nov 13, 2012
    #38
  19. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    It doesn't take a landslide, it just takes a predictable victory. Which this definitely was.

    barfo
     
    barfo, Nov 13, 2012
    #39
  20. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    Well, I didn't say everyone who knew the R's were going to lose was smart. I said the smart people knew that the R's were going to lose. There could still be non-smart people who also knew the R's would lose.

    The most we can logically conclude about you is that you are not seriously delusional, since you did not think the R's were going to win. So that's something, at least.

    barfo
     
    Last edited: Nov 13, 2012
    barfo, Nov 13, 2012
    #40
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