Six Months To Go.
 

Your taxes are going up; A LOT!!.

Nobody has to do anything for that to happen. They happen by Congress doing nothing. The only way to stop the increase is for Congress to act.

It's more than just your income tax rising. You are forewarned!!!


http://www.atr.org/six-months-untilb...x-hikes-a5171#

If I remember correctly these tax cuts were put in place to stimulate jobs and growth. In fact I believe they were called Jobs and Growth Tax Relief Reconciliation Act of 2003. They were intended to be temporary.

But we all know the jobs never came......

http://www.americanprogress.org/issu...recession.html

Hum lets see... unemployment rate from 2001 - 2007 hovered right around 4.8%. That's about 7 years straight. Bet there's a lot of folks would like to see that number back again.

Nothing and I mean nothing Obama has done can be considered a success unless you are Obama... the one who is systematically and on purpose destroying our private sector economy. In that regard I guess he is a success.

It's a neat bait and switch. Run the country into bankruptcy on purpose and then claim the only way out is to tax the hell out of everyone. VAT, Cap-n-tax and more are coming. Anyone really think that will get employers hiring again??? Let me ask that again. Anyone really think that will get employers hiring again???

That will put the final nail in our private sector economy.... which is exactly what he wants to do.

Here's a dirty little secret for all you liberals. Private sector jobs fuel our economy, not the government. Government consumes, it doesn't produce anything.

I read yours......
 

Ok, I read your "fact-filled, 'unbiased' " link that you posted to back up your theories on the ineffectiveness of the tax cuts that Bush implemented, just before congress was taken over by democrats, who immediately attempted to go on a spending spree. Now it's your turn to check out some facts from someplace other than your usual sources of 'talking points'.
http://www.heritage.org/Research/Rep...-Bush-Tax-Cuts
http://www.heritage.org/Research/Rep...nent-Extension

Read, consider, analyze and explain. I also realize there were too many fiscally irresponsible Republicans trying to slice off their piece of the 'cash cow' . As expected, revenues increased but unfortunately, spending increased more. Nothing anybody does will do any good if the reckless, out-of-control spending doesn't stop. Government's job is to protect our borders, our rights and our freedom. It is NOT their job to decide how much of the fruits of our labors we get to keep. If everyone is receiving Government money, where does the government get the money to hand out? Obama's stash? Soros? China? The Senate? The House?

As error prone the presentation of your link is, you ignore the thrust of this thread and that is the TAX INCREASE that ALL will feel. The LOWEST tax rate increases by 5%....as much as you folks tried to make it a tax cut on only the rich, it obviously was not and now EVERYONE WILL PAY.

The death tax returns, the marriage penalty tax comes back and that is just the start.

If you read RICHIELION's link, you would know that these "increases" are simply the beginning...then we get into the real stuff....the taxes associated with the health care bill.

Now, your party tells you that the Bush tax cuts were only for the rich....read the link that RICHIE supplied, and you will find that is not and has never been the case.

Now, your party tells you that the Bush tax cuts did nothing for the economy....but you read the unemployment rates for the period and compare them to the present and what do you say ? Number of jobs created ? Gee...unemployment at 4.5....duh !!

Now, your party tells you that Bush rose the deficit, AND HE DID, but this President in a short time makes him look like a total amateur.

Bottom line is it really doesn't matter. Obama could announce tomorrow that he was the anti-christ and as long as he wasn't Bush or a Conservative not one Liberal would give a whit. Liberals hate Bush and they hate Conservatism even more. Blind to the obvious truth is a phenomenon I'll really never understand but it seems to exists today in spades.

You can ask one simple question a million times to a Liberal and they will ignore it every time.

NAME ONE SOCIETY IN HISTORY THAT EVER TAXED AND SPENT ITSELF BACK INTO PROSPERITY?

It's really incredible DK; just the other day Pelosi said that Unemployment Benefits are the best creator of new jobs. In an economic vacuum, I guess, you can say putting money in the hands of the unemployed allows them to buy things which creates need and generates business, but to promote this as a desirable solution is naive and, well just plain nuts.

The great Ronald Reagan taught us, and most people alive today, that cutting taxes generates growth and generates jobs and in turn generates greater government revenue, because of the increased business activity.

I believe that the present regime knows this and the destruction of our economy and our way of life is being done on purpose and to an end.

The scary thing is, many believe it to be true just because she said it. After all the government never lies to us now do they... oh unless you are Bush.

Her statement is so outlandish it defies reality. Yet they are the one's running our country and Liberals will defend them blindly and unequivocally. It's almost embarrassing.

Bad Things To Do
 

Unemployment insurance payments for more than six months will increase unemployment, always has always will.

Higher taxes reduces incentive to invest which reduces jobs, always has always will.

When Governments take from productive people it reduces production, always has always will.

Succinct and eloquent

Indeed... for those of us who understand that.

And your heritage links are unbaised? The tax cuts which were supposed to spur growth and create jobs didn't. And they still are not creating any jobs so what is there purpose now?

I could ask the same about any society who tax cut itself back into prosperity? Regan had to increase taxes......least you forget.

So tell me, how will massive tax increases get small business hiring again?

BTW, your history is a bit off...least you forget.

http://www.house.gov/jec/fiscal/tx-g...t/reagtxct.htm

The question is how will keeping these massive tax cuts get small business hiring again?

Sorry, I don't really get your logic on this one. Apparently you didn't read the materiel.

These tax cuts didn't spur growth or create jobs when they were first introduced. You asked how a tax increase will create new jobs....my question is only the reverse...How many jobs will be created now by these more than 8 year old tax cuts.....Surely that should be easy to answer.

All your answers are right here. It's an easy read.

The economic benefits of ERTA were summarized by President Clinton's Council of Economic Advisers in 1994: "It is undeniable that the sharp reduction in taxes in the early 1980s was a strong impetus to economic growth."

http://www.house.gov/jec/fiscal/tx-g...t/reagtxct.htm

Many employers are playing the "wait and see" game. Many stopped hiring and in fact started "laying off" when Obama got the democrat nomination for president. I suspect that if nothing is done and taxes increase by default, you will, indeed see a double dip recession or a true depression.

Bush 4.7% unemployment (seven years)

Obama 10% unemployment (18 months)

What a lot of people don't understand is that the unemployment rate rising is not primarily due to a loss of jobs but to a dearth of "new jobs". Our economy has to have a constant increase in jobs as our population is ever increasing and more people join the workforce than leave it.

What tax cuts do is encourage investment and growth and job creation. Tax increases and the threat of new more onerous taxes in the future stifle investment and corporate expansion and entrepreneurship.

http://gatewaypundit.firstthings.com...-to-hell-plan/

For many years this economic theory has been widely accepted by one political party. Certainly these tax cuts did nothing to create jobs or stir growth considering that in the end this country faced the biggest financial disaster since the Great Depression.

Corporations enjoy great tax breaks from state and local scorces as well as the transfer price loophole. Transfer price allows them to transfer profits offshore and pay little to no US taxes. Aw the Global Economy at its best.

These cuts were sold as temporary to stimulate growth....time's up

Flawed Logic
 

Sorry, you're basing your argument on flawed logic. It's not a theory but proven fact, over and over again. What you and others can't bring themselves to accept is that individuals are able to survive and prosper by their own sweat, blood and tears, without government bailing them out. Bush was wrong to cave in and compromise with the TARP, we admit it. Corporations don't pay taxes, people do. Government doesn't create jobs, people and companies do. Nobody ever got a job from a poor person. As far as the Financial disaster goes, three words, Dodd, Frank, Obama. Those three had the biggest hand in creating the mess at Fannie Mae and Freddie Mac. Maybe they didn't do the dirty deeds, but they certainly kept anything from being done about it until they got theirs out of it. Compromise and bipartisianship does NOT mean "Do it MY way, because I'm in power". It should mean; put all ideas on the table, then choose to use what is best, no matter who proposed it. And don't get me started on Obama's petulant whining that it's all the republican's fault he can't advance his progressive agenda. :mad:

Link Please
 

care to back that up with fact, not rhetoric?

That's all the left has is rhetoric. Liberalism fails every time it's tried. It's based on nothing more than feelings and centralized government command and control. Actual results and outcomes are meaningless. They mean to rule, not lead.

:agree::agree::agree::agree:

I hope everybody enjoyed their "Freedom from Europeanism Day"

????????????????????????

I read that today somewhere. I'm assuming it means freedom from England? It has a good ring to it, huh?

What kind of person wants higher taxes? Why?

Yoda

Maybe the same type that abhors capitalism and would like to convert USA into a socialist state?

I think it's mostly a "hate Bush, love Obama" thing come hell or high water. The libs are never going to admit that a "Mussolini" is now in the White House, when they have so much wrapped up in him emotionally. I would think in the future there will be a bull market for therapists as the libs/progressives realize what happens when you get what you wished for.

Excuse me but you think that I haven't worked to get to where I am today. MG how elitist of you. Why shouldn't corporations pay taxes? Do they not make money? I pay taxes on the money I make. That is what is wrong with your position....

Then you make me laugh.....Obama wasn't even in office even this financial crisis hit yet you blame him for Freddie and Fannie. Get a grip.

The Repubs were handed a surplus and Obama was handed the biggest financial crisis since the great depression...How many years were the Repubs in charge of Congress...how much bi-partisanship did we see then? NADA. Bi-partisanship also doesn't mean negotiate to get everything you can into the bill and then vote against it....think Snow and now most likely Brown and then cry about how they just won't listen to you.

Do you think we still don't have the "I am the Decider line still ringing in our ears"?

Anything taken to extreme is not good. So I live in Colorado, in the summer, the land of TABOR. Taxpayer Bill of Rights...ever heard of it? Worse thing that ever happened to this state. The guy who authored it lives here in Colorado Springs....perhaps the worse part of this plan is whenever a surplus of taxes were collected this had to be returned to the taxpayers rather than being saved for a rainy day. As we all know the rainy day has hit....so when I go for a walk in the park no bathrooms are open, no trash bins....all the swimming pools are closed, no money. Police and fire departments cut...libraries closed. Schools...... Its a mess.

I am willing to pay my taxes...

The point is these tax cuts were sold as temporary to stimulate job creation and growth....they did NOT and are NOT to this day.

Typical Republican HATE SPEECH! barf

Are you using Mussolini cause you can't say the name you really want.

That ain't hate. That is the facts. Anybody who uses taxpayers money to "create" a job and really believes it is a "created" job, is delusional.

Only the private sector can create a job. Government can only redistribute taxpayer money.

Typical left response.

If you don't agree with the Washington liberal socialist agenda you are branded as a racist, hater, bigot, homophobe or whatever their name of the day is.

That's really the only play they have left in their book because their actual ideology is and always has been a failure.

That's why liberals during campaigns have to sound conservative and move to the center to get elected. Problem with that is once elected the move hard left and proceed to reck the country. I think people are getting wise to that.

Recently someone in this forum suggest only that a poster needed a hug....that was branded as liberal hate speech. You said nothing...kinda makes your argument moot.

Exactly. They like to brand people and blame previous administrations for their shortcomings. (which are massive)