What's with "Boo-hoo" Boehner?

[Guest]

What is he crying about? He has accomplished a 900 Billion dollar tax cut for the richest Americans, and to his credit, he will propose a 5% pay reduction to congress amounting to 25 million (a drop in the bucket)...He says, and I quote, "America doesn't have a revenue problem, just a spending problem"...It will take a lot of budgeting to make up for the 900 billion dollar deficit...Lord help us all...Not sure he will be around after the 2012!

[Guest]

What is he crying about? He has accomplished a 900 Billion dollar tax cut for the richest Americans, and to his credit, he will propose a 5% pay reduction to congress amounting to 25 million (a drop in the bucket)...He says, and I quote, "America doesn't have a revenue problem, just a spending problem"...It will take a lot of budgeting to make up for the 900 billion dollar deficit...Lord help us all...Not sure he will be around after the 2012!

Actually, there is no tax cut. Just an extension of the current tax rates that everyone has been paying for the last 10 years. How is it that the government in letting people keep their own money and not confiscating it qualifies as a "deficit" for the government?
If you raise the tax rate in January it will be a "deficit" for the taxpayer. The government is not getting less money in January, per se, it's the existing tax rate. They are spending too much and Boehner is correct.

[Guest]

What is he crying about? He has accomplished a 900 Billion dollar tax cut for the richest Americans, and to his credit, he will propose a 5% pay reduction to congress amounting to 25 million (a drop in the bucket)...He says, and I quote, "America doesn't have a revenue problem, just a spending problem"...It will take a lot of budgeting to make up for the 900 billion dollar deficit...Lord help us all...Not sure he will be around after the 2012!

John and Debbie Boehner were our back door neighbors for many years. He is a self made man and a very sincere one.

I think John is right. America has a spending problem. It is gonna hurt to cut it back, but I am behind him.

[Guest]

John and Debbie Boehner were our back door neighbors for many years. He is a self made man and a very sincere one.

I think John is right. America has a spending problem. It is gonna hurt to cut it back, but I am behind him.


Grace you just get more interesting by the minute. :coolsmiley:

[Guest]

John and Debbie Boehner were our back door neighbors for many years. He is a self made man and a very sincere one.

I think John is right. America has a spending problem. It is gonna hurt to cut it back, but I am behind him.

You are?
Did he move when you did?
;o

L and L

L and L

[Guest]

What is he crying about? He has accomplished a 900 Billion dollar tax cut for the richest Americans, and to his credit, he will propose a 5% pay reduction to congress amounting to 25 million (a drop in the bucket)...He says, and I quote, "America doesn't have a revenue problem, just a spending problem"...It will take a lot of budgeting to make up for the 900 billion dollar deficit...Lord help us all...Not sure he will be around after the 2012!

To follow up on RICHIELION's post, you used the words TAX CUTS, which I am hearing lots of Dems use in referring to the extension...hearing the words "Obama" tax cuts even.

Can you explain how you arrived at that term or was it just a typing slip ??

[Guest]

To follow up on RICHIELION's post, you used the words TAX CUTS, which I am hearing lots of Dems use in referring to the extension...hearing the words "Obama" tax cuts even.

Can you explain how you arrived at that term or was it just a typing slip ??

What I failed to add was an "extension" of Bush tax cut.

[Guest]

But politicians make it sound like there is going to be a "cut" next year. That is the difference when politicians speek. They will choose to call avoiding an increase as a new benefit to the taxpayer in 2011...that will allow families more affordability....and even create 600,000 new jobs.

Let's see....nobody gets any more than they have right now....we the people or the government....so how does it provide aid to we the people? How does it cost the government anymore than it does right now?
And I especially am interested in how 600,000 new jobs are created with $0 involved?

And why is this not more of a discussion point. If you avoid spending a dollar you do not have $1 more. If the government does not get a $1 or have to put out a $1 how does it cost the government any more?

Words!!!

The republicans are making a mistake by making a deal with Obama. Not a good opening or advertisment for doing business any differently than has been.....same old...same old...politics and business as usual.

I will take a person with emotion any time over an iceberg like Pelosi! And anybody taking over from her is an instant improvement. Unlike the avoidance discussed above being smoke and mirrors, getting rid of Pelosi is a real improvement.

btk

[Guest]

Small businesses making $250k a year are now the "richest" Americans?

Wow, could have fooled me.

That's exactly right. We are not taxed too little, the government spends way too much. They are the thieves and crooks. Funny how some people hate the "rich" but give the real crooks a free pass to pillage and plunder as they see fit. I'll never understand that.

The government could tax everyone at 100% and still they'd complain it's not enough.

[Guest]

The truly wealthy are not too adversely affected by any of this discussion of tax cuts or extensions. Warren Buffett is famous for saying that he has no problem with higher income tax hikes for the rich, and the liberals like to refer to his statements.

The fact is that income taxes do not subtract from the wealth of Warren Buffett. You can take 100% of Mr. Buffett's income and he's still a billionaire with his wealth in tax shelters.

You are, though, taking the hard earned income from, say, a restaurant owner who struggled for years to get his business off the ground with, maybe, years of zero net income for himself, as the receipts were funneled right back into the business. If he finally makes a success of his business, his reward is the confiscation of much of his success without regard for his past years of struggle.

Higher tax rates on "the rich" also do not really take into account the years of struggle and college loans of a doctor, for instance, who after many, many years of study and expense is now "rich" although laden with onerous student loans. His practice is going to grow at a much slower rate if tax rates are confiscatory. He's going to hire less people and purchase less equipment and expand his business much more slowly.

I know people are going to "pick" at my examples, but I'm only trying to illustrate a point for the "class" envy-ists. If you over tax the producers, less is produced. Less production leads to less growth, less jobs, less infrastructure, less supplementary spending period.

[Guest]

The Tea Party supporters in the House are coming out against the bill (that's hasn't even been written yet, but is being voted on, unbelievably).

The Republican leadership is trying to get the tea partyers in line and most are having none of it. I don't know how this is all going to play out, but the "go along to get along" Republicans better watch their backs. They're likely to find no one behind them.

Keep your eyes on Jim Demint. You may be calling him "Mr. President" someday.

http://thehill.com/blogs/blog-briefing-room/news/133369-tea-party-ramps-up-efforts-against-tax-deal

[Guest]

It's hardly "unbelievable". "Test votes" on proposed-but-not-in-final-form legislation happen all the time. It's a way of taking a reading on whether or not it's worth it to continue crafting all the legalese for the final version of the bill.

[Guest]

to persuade (make a deal) for support. In my opinion it is more for this reason than anything else.

btk

[Guest]

It's hardly "unbelievable". "Test votes" on proposed-but-not-in-final-form legislation happen all the time. It's a way of taking a reading on whether or not it's worth it to continue crafting all the legalese for the final version of the bill.

I'm not sure what you're talking about with your reference to "test votes". They may be voting on this bill this weekend without having READ IT!!. That's what I'm talking about and Sen. McConnell agrees with me. Sen. Demint may force a reading with all the thousands of earmarks in it revealed; we can only hope.

http://www.realclearpolitics.com/video/2010/12/14/sen_mcconnell_on_2000-page_omnibus_bill_no_one_has_seen_it.html

http://www.realclearpolitics.com/video/2010/12/14/demint_demands_2000-page_omnibus_bill_read_on_senate_floor.html

[Guest]

Small businesses making $250k a year are now the "richest" Americans?

Wow, could have fooled me.

That's exactly right. We are not taxed too little, the government spends way too much. They are the thieves and crooks. Funny how some people hate the "rich" but give the real crooks a free pass to pillage and plunder as they see fit. I'll never understand that.

The government could tax everyone at 100% and still they'd complain it's not enough.

As usual you misrepresent the issue..... its the "SMALL" businesses in the upper 2% making far more than 250K per year. They are not SMALL in any way .... S corps etc allow multinational companies to appear as small businesses. I believe that the Dems floated the cutoff to above 2 million a year. And then there is the Estate Tax deal.....

Lets at least be honest about this.

[Guest]

pushing only Obama care. They knowing did not establish as the law dictates a budget so as not to reveal to the American public all the spending that would be included. There were politicians (dems) when asked about the budget who said it is better to not bring up the details that would be required of a budget prior to the elections as there could be significant backlash at the spending that would be revealed.

So now the election is over....they lost anyway. Still no budget, but they are ramming and jamming spending bills through as fast as they can get them printed up. They have nothing to lose whether it abuses the needs of we the people or not (as if they cared in the first place which they do not) and adds to the soaring deficit. Their goal is to get passed everything they want. Then they will claim all the approved bills as authorized spending in the budget they will raise hell about getting from the republican congress.

I believe Obama and his congress have aptly demonstrated with the ramming and jamming of Obama-care, the various bail outs and now the current lame duck ramming and jamming of projects proof positive, they do not have this country or it's citizens at heart for one second. The are totally and completely consumed with their self need followed by their special interest and crony you owe me chits. Absolutely disgusting display of disregard for the will of the people.

I am not happy with the republicans who are in the let's make a deal mode which allows them to get their piece while taking the business as usual bait from the dems.
The republicans so far have demonstrated they do not have the capacity to show they can do business differently. Very disappointing. They will have very little to say about the budget next year once these programs are passed.

Washington at it's best....as we the people can only stand by and watch the screwing take place.

btk

[Guest]

According to the census bureau

Top 2% is $250,000 or higher
Top 3% is $200,000 - $249,999
Top 6% is $150,000 - $199,000

Yoda

[Guest]

According to the census bureau

Top 2% is $250,000 or higher
Top 3% is $200,000 - $249,999
Top 6% is $150,000 - $199,000

Yoda


Yes but perhaps you missed this part of the negotiations... I didn't.

The Dems floated moving the limit up to $1 million dollars. It was defeated.


http://www.businessweek.com/news/2010-12-04/senate-rejects-tax-cut-proposals-as-talks-continue.html

[Guest]

Yes but perhaps you missed this part of the negotiations... I didn't.

The Dems floated moving the limit up to $1 million dollars. It was defeated.


"Lieberman and Feingold also voted with three other Democrats in opposing the $1 million threshold. They included Tom Harkin of Iowa, Richard Durbin of Illinois, and Jay Rockefeller of West Virginia. . ."

[Guest]

Yes but perhaps you missed this part of the negotiations... I didn't.

The Dems floated moving the limit up to $1 million dollars. It was defeated.


http://www.businessweek.com/news/2010-12-04/senate-rejects-tax-cut-proposals-as-talks-continue.html

This would have raised a drop in the bucket just raising taxes on those whose income is over 1 million. It only satisfies the "class envy-ists" and was only proposed for that reason; which was to rile "you" up. I see it was successful.

It wouldn't have targeted the truly wealthy, like Warren Buffett, who's face all the libs like to parade out front as supporting their call for punishing the successful. Warren Buffett's money in tax shelters is immune from income tax. He's a billionaire no matter how much you raise the tax on income.

[Guest]

This would have raised a drop in the bucket just raising taxes on those whose income is over 1 million. It only satisfies the "class envy-ists" and was only proposed for that reason; which was to rile "you" up. I see it was successful.

It wouldn't have targeted the truly wealthy, like Warren Buffett, who's face all the libs like to parade out front as supporting their call for punishing the successful. Warren Buffett's money in tax shelters is immune from income tax. He's a billionaire no matter how much you raise the tax on income.


Actually in a interview the man in Omaha said he didn't need tax shelters or tax planners....the Congress was doing it for him. Besides he has signed the pledge to give away what 75% of his wealth?

Also I noticed that once the tax deal was made, remember it is supposed to spur growth, the Repubs said 2 years wasn't enough to have business make the commitment,

Its all a bunch of BS anyway......