Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#16
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Another nice try
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Look we need more revenues along with spending cuts to eliminate deficits. This is common sense. It is also common sense that raising income tax rates and adding new taxes will reduce revenues. It is also common sense that Liberals are aware of this, certainly clinton was. The reason Liberal Progressives now want to raise taxes is unrelated to revenues it is related to wealth distribution. Again simply said When you raise income tax rates you reduce tax revenues and lose jobs, period, and you take resources away from the job producers. |
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#17
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Common Sense - Some people (such as the authors of Merriam-Webster Online) use the phrase to refer to beliefs or propositions that — in their opinion — most people would consider prudent and of sound judgment, without reliance on esoteric knowledge or study or research, but based upon what they see as knowledge held by people "in common". |
#18
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I Could, But I Won't
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So here is a link to another thread that I posted here on TOTV which addresses your request for "evidence". If you differ with any of the facts or conclusions, let us all know. But if you do, please provide your own corroborating evidence, not just the standard rants that all we need to do is take back our government, go back to the way it was when the Constitution was written in 1776, get rid of the liberals, cut spending, join a tea party group, get rid of Reid and Pelosi, and yadda yadda. The problem is a lot more serious than can be resolved with a bunch of soundbite-sized hooey. Here, argue with these facts...come up with a plan...let us know what it is...put some numbers behind your ideas. Don't call it either a liberal or a conservative plan. I'll settle for any kind of a plan. Just let us know how you would go about balancing the budget and beginning to pay down the almost $13 trillion we owe to other people who financed our spending. Budgetary Perspective |
#19
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How About This For An Idea?
OK, here's one that's different from either cutting spending or raising taxes, the traditional ways of balancing a budget.
How about privatizing several government-provided services? George Bush had that idea with regard to letting people invest on Wall Street rather than continue Social Security in the same form it had been for years. We all know how flat on it's face that idea fell. What about privatizing some of the following government functions? The idea is that decisions regarding the level of service that would be provided as well as the funding of the cost of the service would become the responsibility of the private sector. I present this list, a very abbreviated list, not because the elimination of their cost from the federal budget would have meaningful impact, but rather just an idea on how the cost of certain functions could be eliminated from government funding. So, in no particular order of importance...
Anyone got any other ideas? What do you think? |
#20
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Good post
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#21
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Already answered
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#22
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How about a very simple answer regarding reducing the deficit
without raising taxes? Reduced spending sufficient to offset ANY new programs or initiatives.
Only those in Washington and their supporters continue to accept new programs as additive to an already bleeding bottom line. This is not an Obama phenomonem, nor is it in the ever popular lump it all in again on Bush era. It has been the operating mode for far too many years. The only way to reduce the deficit is to stop the spending. Very simple, obvious answer that does not seem to garner ANY interest from any administration including the current one that is setting records with it's monstrous spending programs with only words (rarely) about where the funding will come from. The most reliable, guaranteed way to fix an ailing business is to strangle spending to a minimum. A very unpopular approach even in corporate America, where at least some have accountability and responsibility and a concept of an income statement. In Washington there is no accountability or responsibility to reduce spending....and there certainly is no concept of an income statement. It is a very simple concept....but foreign to wealthy political lawmakers who have no knowledge or desire to implement. btk |
#23
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I'll demonstrate my opposition to the 'privatize everything' idea with one example.
Roosevelt started our national parks SPECIFICALLY because of the risk of corporate exploitation. Corporations have no loyalty other than to the stockholder. Privatize the parks and, even if they still exist, only the most profitable 'guests' will be allowed in. Carry that attitude to other areas. Do you want Veterans who are no longer profitable to be kicked off the VA plans? Do you want gridlock when several million more cars are added to our rush hours when subways, busses and Amtrak suddenly stop serving people and selling off assets to benefit the shareholders? Even though I make a decent living, that's not the America I want to live in. NASA, I think, has the right idea. They set the rules and are contracting out to see if they can get services more efficiently (I'm a big fan of SpaceX, as an example). The flip side of that is MY job where the company that employs me makes more money from the government than I do. In other words, the government pays $X/year for my position. Of that money, I see less than half (less still after taxes) as my employer takes over 50%. (In software contracting this is NOT the norm) This is why the government is eventually converting my got to 'organic' - i.e. to be filled by a civilian employee of the Air Force. They're going to save money. Privatization is a good thing in many cases - let's just not throw the baby out with the bathwater. |
#24
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OK, No Plan
Fair enough. You have conservative values, but no plan for solving the budget crisis and reducing the national debt. Got it.
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#25
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It's Only Arithmetic
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Unfortunately, even if all discretionary government spending were eliminated, we would still generate substantial annual deficits and additions to the national debt. The federal budget for FY 2011 is $3.6 trillion. Tax revenues amount to $2.4 trillion. The resulting deficit is $1.2 trillion. The total of "discretionary" items in the budget is $1.4 trillion. That is, less than half of federal spending is truly controlled by annual appropriations bills. The balance of $2.2 trillion must be spent as the result of prior legislation, such as for Social Security, Medicare, Medicaid, TARP, and the recently-approved jobs bill. So, very simply--I'm repeating this yet another time--in order to balance the annual federal budget, virtually ALL discretionary government spending would have to be eliminated--86% of the total discretionary budget. I should point out that the largest item in the discretionary budget is that of the Defense Department which is $549 billion of the $1.4 trillion discretionary budget. So using a ridiculous example to illustrate the problem, if ALL discretionary government spending was eliminated and the balance used to only fund the Defense Department, even defense would have to take a 64% cut to it's budget. Obviously, that leaves the Congress to consider changes in existing laws to reduce "mandatory" budget items--Social Security, Medicare, Medicaid and the interest on the national debt are the largest items. Or, if they don't have the guts to slash those expenses, then the only alternative is to raise taxes. The math isn't hard--it's only arithmetic. |
#26
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No Other Way Out
I don't disagree with you at all, DJP. As much as anything, I posted that list to demonstrate how much balancing the federal budget will affect our way of life. If we don't do something like "privatize", then we're back to trying to solve the problem with cutting expenses and/or raising taxes.
In another post right above, I demonstrated the impossibiity of balancing the budget by cutting costs. I've concluded that there is no other alternative to solving our problem than a combination of deep spending cuts--including cuts to Social Security, Medicare and Medicaid--plus some substantial tax increases. I can't see any other way out. |
#27
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I understand that some national parks, I don't know where they are, no longer accept the national park Golden Passport, or whatever it is called. Those parks at the ones managed by contractors.
There it starts. |
#28
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$$$$339 Billion Saved
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http://online.wsj.com/article/SB1000...ctions_opinion |
#29
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Yes
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Cut spending across the board and take the lumps. When a business is dying does it raise its prices (as in tax increases) or does it slash its costs and prices. I am getting the idea that you just like to disagree and write lots of quotes from left wingers with a little carrot thrown in once in awhile to confuse we conservatives. |
#30
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I honestly think part of our problem is our overall method of taxation. It's a "divide and conquer" approach. I pay tazes to so many different jurisdictions, it's laughable. I pay more KINDS of taxes than I can shake a stick at. Each one of these agencies and jurisdictions have their own set of rules, their own legions of employees and their own bank of lawyers. We're bleeding to death from papercuts.
We look at Europe and see that they pay higher income and fuel taxes. But how many other taxes do they pay - and to how many agencies? How much is lost due to 'overhead'? Off the top of my head, I pay Federal income, FICA and Medicare taxes. Then there's state income tax, property tax, sales (when I'm in MA) and meals taxes. Excise taxes, registration fees, gas taxes, tolls, innumerable taxes piled on my electric and phone bills, travel taxes piled on my airline tickets for my daughter to visit me, hotel taxes, car rental taxes, "user fees", "imputed income" taxes on my life insurance premiums. If I save money I may have capital gains taxes. If I sell my house or buy one I have transfer taxes, municipal and state fees, recording fees. Unless they're included in my property taxes I may have taxes on my water and sewer bills (though in my town they're not). IN NH they just passed (and are about to repeal) a tax on campground sites, similar to the hotel rooms tax. If I ran a business here in NH, I might be subject to the Business Profits Tax. If I did exporting or importing, I'd have various treaties and tariffs that I'd have to abide by. In MA and other states, I can be taxed just on the things I OWN - "personal property tax", so that I keep paying and paying taxes on stuff I already bought. Again, this is just off the top of my head! We need top-to-bottom, coast-to-coast, manufacturer-to-retail TAX REFORM. We need to streamline the number and types of taxes and the methodology for collecting them. How many people are in favor of the Flat Tax? I know I am. How many people would consider switching over from an Income Tax to a National Sales Tax? A *simple*, FLAT, easy-to-collect tax that makes it REALLY difficult to cheat at taxes (to say nothing of doing away with April 15th for ordinary citizens). I'd at least consider it. It's clear that our current system of "we'll raise THEIR taxes so YOU'RE ok" followed up by the reverse the next time around - is NOT working. The legislooters divide us up into little pidgeonholes so that one group can be hit without it hurting the politician in the next election. How many times have car rental and "airport access fee" rates along with hotel room taxes been hiked with their 'sales pitch' being "it'll hit OUT OF STATE people"? Reform the tax structure in this country. Make the net WIDE so that you can't escape with your little Special Interest Clause. Pass a Constitutional Ammendment to force a balanced budget with VERY few exceptions. MAKE us live within our means. |
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