Politics STEVE BANNON PUSHING FOR 44 PERCENT MARGINAL TAX RATE ON THE VERY RICH

Discussion in 'Blazers OT Forum' started by Denny Crane, Jul 27, 2017.

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  1. Denny Crane

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

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    I thought I would point out that Obama's debt is equivalent to $29,000 for every man, woman, and child (and others). That's almost $120,000 for a family of 4.

    Thanks Obama.
     
    Denny Crane, Jul 27, 2017
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  2. riverman

    riverman Writing Team

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    We'll never know will we? Sort of the opposite of transparency...sure, plenty of dems have off shore accounts as well but this isn't a career senator, it's the president...draining the swamp should include a modicum of transparency don't you think?
     
    riverman, Jul 27, 2017
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  3. Jade Falcon

    Jade Falcon Just to piss you off.

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    Not if you live somewhere like the Bay Area. You have to put people's income into context for where and how they live.
     
    Jade Falcon, Jul 27, 2017
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  4. riverman

    riverman Writing Team

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    That debt snowballed from the Bush administration...Obama inherited a disaster and stuck his thumb in the dike.....between 9/11...Katrina and the banking real estate scandal, the country was on the ropes....that whole scenario was a bad situation but something that could have been so much worse...I actually thought the country showed more solidarity behind the end of Bush's tenure and throughout Obama's than it had in a long time....now...not so much.
     
    riverman, Jul 27, 2017
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  5. riverman

    riverman Writing Team

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    Why not just call it America's debt? Didn't start with Obama...you don't have to like the guy, but a string of catastrophes fucked us over starting with the end of the Bush term
     
    riverman, Jul 27, 2017
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  6. Denny Crane

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

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    Bullshit.

    Obama had full control of the executive branch and house and senate majorities for 2 years. He could have implemented whatever he wanted. He did, in fact. He chose to massively increase spending. He never offered a balanced budget or even one that was close to it.

    He increased the budget in February, a month after taking office, from $3T to $3.8T. And he got another ~$900B stimulus bill passed. He spent at deficits that nearly matched the entire DEBT when Reagan left office. He ran up more debt than all the presidents before him, combined.

    Combined.

    Where does the buck stop? With W Bush? Geez, I didn't know he was president for 16 years and Obama was just a puppet.
     
    Denny Crane, Jul 27, 2017
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  7. riverman

    riverman Writing Team

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    the Obama nerve, twitching?
     
    riverman, Jul 27, 2017
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  8. Denny Crane

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

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    The truth nerve. It hurts, doesn't it? That truth thing.
     
    Denny Crane, Jul 27, 2017
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  9. Denny Crane

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

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    Obama's economic policies were one of those catastrophes.
     
    Denny Crane, Jul 27, 2017
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  10. MarAzul

    MarAzul LongShip

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    That's a funny thing coming from a Democrat. The very righteous Jimma Carter gave up Taiwan and started the One China policy. Just gave it back to China. Damn! I Spent three years helping to preventing that from happening too. Not quite a dumb as giving away the Panama Canal though. A sail boat now has a difficult time getting through there, where they once went through with the commercial traffic as not much bother. Usually in the corner of the lock with a freighter. Whether it was there or not made little difference.
     
    MarAzul, Jul 27, 2017
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  11. riverman

    riverman Writing Team

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    Congress did not work across the aisle with the guy....he didn't fix the problem .....he stuck his finger in the dike...it could have been much, much worse but go ahead.......he's your fall guy....not Wall Street or the real estate scam or auto industry or natural disasters or attacks on New York City....those weren't factors at all......could we have done better.....sure, I'll give you that but we're in that two steps backward mode right now....
     
    riverman, Jul 27, 2017
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  12. riverman

    riverman Writing Team

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    I'm not a Democrat as much as you'd like me to be Marz....not at all....
     
    riverman, Jul 27, 2017
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  13. Denny Crane

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

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    At least you finally admit you don't know he paid no taxes.

    We can agree on that. We don't know.

    It's possible, but I think the rules may severely limit the amount of losses he could carry forward in future years. Those capital losses are only good for washing against capital gains. Trump doesn't have a lot of capital gains, he has INCOME from things like hotels, office buildings, and golf courses. He only has capital gains when he sells those things.

    The tax code really is convoluted, but if you want to survive in business, you better know at least this basic stuff.

    (Capital losses can be carried forward at $3,000 per year if you don't have capital gains to use them against).
     
    Denny Crane, Jul 27, 2017
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  14. riverman

    riverman Writing Team

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    I agree with all this except the first sentence.....I'm an independent...I did not support Carter pulling for China over Taiwan and my in laws are strong DPP supporters, not KMT mainlanders.....Taiwan independence is a big thing around my house.
     
    riverman, Jul 27, 2017
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  15. riverman

    riverman Writing Team

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    I do know he didn't pay them for two years in the late 70s...that's documented...he stiffed contractors those same years
     
    riverman, Jul 27, 2017
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  16. Denny Crane

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

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    He didn't need republicans, he never tried to work with republicans. He had all the votes he needed in both houses, from his own party.

    He passed his budget AND that massive slush fund stimulus bill without republican votes.

    http://www.politico.com/story/2009/02/senate-passes-787-billion-stimulus-bill-018837

    House passage on the package came on a 246-183 vote—with no support from Republicans. Senate action followed on a 60-38 roll call that stretched for five hours in a near-empty chamber as Sen. Sherrod Brown flew back on a government plane from his mother's wake in Ohio.

    Three Republican moderates—Sens. Olympia Snowe and Susan Collins of Maine and Sen. Arlen Specter of Pennsylvania—voted for the bill.

    (Specter switched parties, you know, becoming a Democrat).
     
    Denny Crane, Jul 27, 2017
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  17. riverman

    riverman Writing Team

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    This is probably the most important point of any political or religious discussion...we attach ourselves to whatever outside information rings true to our own value systems. Political Science and Theology are not defined by scientific method
     
    riverman, Jul 27, 2017
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  18. Denny Crane

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

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    Only in Obama's world is 2 out of 288 republicans "bipartisan."
     
    Denny Crane, Jul 27, 2017
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  19. Denny Crane

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

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    If you're going to make a claim, or accuse someone of something, you better have proof. Innuendo isn't proof.

    You said MANY years he didn't pay, not two. Maddow got his returns and he paid 10s of $millions in tax. A higher % than Obama or Clinton, in fact.

    Those are facts, not "outside information that rings true."
     
    Denny Crane, Jul 27, 2017
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  20. riverman

    riverman Writing Team

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    Every president should need republicans....they work for America, not the party...this is my beef with the GOP...they are very party first, America second. Democrats seem to have gotten lazy and definitely mailed in the last election, to their own demise
     
    riverman, Jul 27, 2017
    #60
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