Trickle down......right!

Discussion in 'The Back Room' started by Motorcity Gator, Sep 18, 2012.

  1. Motorcity Gator

    Motorcity Gator Well-Known Member

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    More evidence by a non-partisan research group that by golly.....the rich are just going to thank you and keep any extra money they can get their GOP brethren to hoard for them. Damn....ain't that a surprise!

    http://miami.cbslocal.com/2012/09/17/congressional-research-service-tax-cuts-for-wealthy-doesnt-boost-economy/

    The bottom line is that Romeny's call for tax cuts to the rich is just horseshit ******** when it comes to equating that policy to a jump start for the economy.

    Man the GOP voting base is pretty damned dull......duller than I could even imagine.
    And please keep in mind that the top 1% just by simple math does not represent the GOP voting base.....but they sure as hell have mind control over them.
     
  2. Sid

    Sid Well-Known Member

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    Excuse me. Hasn't Romney said plainly that he has no intention of cutting taxes on the so-called wealthy? Yet the uninformed continue to misrepresent the facts.
     
  3. Stu Ryckman

    Stu Ryckman Well-Known Member

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    Oh stop with the insults. They grow tiresome.

    Who are the dull people? Your man cannot run on his lousy record. He cannot run on the success of his mideast and foreign policy. He cannot run on the economy. He cannot run on jobs created without lying about the numbers. All he can run on is "I'm going to tax the rich more and everything will be peachy". How dull must you be if you see this country and where it is heading and you want to keep this guy in office.

    Romney has come out in favor of decreasing tax rates a bit...but doing away with many loopholes (no, he hasn't been specific yet) and so NOT decreasing the taxes paid by your hated rich.
     
  4. gipper

    gipper Well-Known Member

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    So what policy does Obama offer? He's pissed away 3/4 of a trillion dollars on a stimulus package that went to his wealthy friends like the owners of Solyndra. The unemployment rate has constantly been above 8% with the only reductions being related to Americans who give up looking for work.
    3 1/2 years of trickle-up economics is a complete failure. The GOP base is economicly successful people who pay the lions's share of taxes. Obviously, they'd like to create as many of those as possible. Obama's base is the entitlement mob. He's doing a great job creating more of those.
     
  5. Motorcity Gator

    Motorcity Gator Well-Known Member

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    I know a scam when I see one and this flim flam talk about giving the rich more riches and they'll make sure the rest of us enjoy a robust economy is a huge one.

    Another one going around as we speak is a mass hysteria being developed by the right......created and promoted by the GOP powers that be.....that since we cannot have "certainty" with Obama then the economy is going down the toilet because oh man....how in the hell can the rich do business if they don't have that certainty. Mass hysteria.

    Well....I had "certainty" the last time the GOP was in power and it was an economic disaster.....for certain.
     
  6. Stu Ryckman

    Stu Ryckman Well-Known Member

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    Yeah, and it's really improved in the last four years....not.

    "Mass hysteria???" Where do you get that? Even if you disagree with the point, where is this "mass hysteria" coming from? There are a lot of business experts who believe that the reason that many corportions are sitting on cash is that they are waiting until they figure out just where this administration (or the next one) is going to go.

    And speaking of which...you always talk about "business" and the "rich" in the same breath. More people do business and depend on business than just your hated rich.
     
  7. Motorcity Gator

    Motorcity Gator Well-Known Member

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    Business does not equate to rich......trust me I know the difference after 3 1/2 years with no raise because the company cannot afford it....
     
  8. Tennessee Tom

    Tennessee Tom Well-Known Member Administrator

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    Tell us why the company can't afford raises Dave. What percentage of your company's revenue goes to salaries? Compare that to what percentage goes to state and federal taxes. What would happen if that business could be relieved of some of its tax burden? What could that do for jobs creation?
     
  9. Tennessee Tom

    Tennessee Tom Well-Known Member Administrator

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    I know I'm pissing in the wind here but just gotta do it! 8)
     
  10. George Krebs

    George Krebs Well-Known Member

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    Stop it. I own my own business and I haven't taken a salary increase since 2006. But my employees have.

    We don't all fit in the cookie-cutter bad guy mold that makes it so easy for guys like you to make villains out of guys like me.
     
  11. BuckeyeT

    BuckeyeT Well-Known Member

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    Oh but Krebise, it's just so much easier that way....they don't have to think
     
  12. Stu Ryckman

    Stu Ryckman Well-Known Member

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    The Other Argument
     
  13. gipper

    gipper Well-Known Member

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    "Dull" is voting a second time for an incompetent after you've seen him prove it for 4 years.
     
  14. Motorcity Gator

    Motorcity Gator Well-Known Member

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    On the raise thing just a little bitter because I have been instrumental in doubling the company's revenue since I started here....some of it very key revenue that was sorely needed in spots.

    On another note....let's examine that 47%:

    http://economywatch.nbcnews.com/_news/2012/09/18/13939069-the-47-percent-heres-who-pays-no-federal-income-tax?lite

    If the lazy bastards all had worked hard enough to earn $200,000.00 annually they would have the money for taxes......no.....wait..... 8) :wink:
     
  15. Stu Ryckman

    Stu Ryckman Well-Known Member

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    Your article points out that some of those 47% are making more than $200,000 but paying no regular income tax because of various deductions and loopholes.

    I have pointed out that Romney would like to reduce/eliminate many of those deductions and loopholes.

    Sounds like you and he are in agreement.
     
  16. Tennessee Tom

    Tennessee Tom Well-Known Member Administrator

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    And how did that answer my question about salaries vs taxes? Being bitter does explain a lot that we already knew though.
     
  17. Motorcity Gator

    Motorcity Gator Well-Known Member

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    Since I know for a fact that my company separates their personal income from business income and it is my understanding that Obama has not proposed income tax increases on small businesses how does that compute?
     
  18. Tennessee Tom

    Tennessee Tom Well-Known Member Administrator

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    Just answer the question. I'll make it easy for you. Depending on the size of the company and the amount of employees, the taxes they pay make salaries look like a drop in the bucket. I would guess that a 1% decrease in taxes would equate to a few jobs created and well deserved raises for all.

    I know that a 1% change in taxes paid by my company would result in capitol to allow me to bring in up to 6 instructors just in my small area of the company.

    How are we going to fix this economy? Get people back to work. How are we going to do this??? Not by giving away the store... but by supporting the businesses that have the capability to create jobs... real jobs.

    Do you know why Honda is the car company it is today? Do you remember the Honda civic in 1975? That car was cheap, good on gas, ugly as homemade sin, had interior door panels that would fall apart when they got wet, and came out during an energy crisis. The Japanese government subsidized these cars being shipped to America to undercut the price of other imports such as Volkswagen. As the years went on and Honda sales skyrocketed, the vehicles quality and appeal grew and the subsidies dropped. America rebuilt the Japanese industry after WWII. They took the assembly line and flooded our market with cheap vehicles. Look at the Japanese car industry now. If America backed its industry like we rebuilt the Japanese industry, we could be back in business and return to the Industrial Giant status that we became between the two world wars.
     
  19. Motorcity Gator

    Motorcity Gator Well-Known Member

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    And I just showed Detroit the same loyalty I was shown......

    I just bought a 2013 Hyundai Elantra.....the 2012 North American car of the year. Screw Detroit......
     
  20. Terry O'Keefe

    Terry O'Keefe Well-Known Member Administrator

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    Built in Montgomery Alabama, by Alabama Fans most likely...don't wear any Gator gear in it or no telling what'll happen! :)