FACT: Obama's Middle Class Tax Cut Puny Compared to Bush's Tax Cut

Discussion in 'Politics' started by Trinity, Apr 23, 2010.

  1. Trinity

    Trinity New Member

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    Sorry but if you are buying Obama's mess - you've been fooled. This is one of the best articles on Obama's Tax falsehoods and his economic polices that aren't working.

    1. A third of what Obama calls tax cuts are actually handouts given to those who pay no income tax.

    2. The tax burden of the rich actually went up under Bush's tax cuts.

    3. Obama's tax cut is a one-time, two year reduction whereas Bush's middleclass tax has been in place seven years and Obama says he won't rescind them.

    4. Temporary tax cuts to many who don't pay taxes didn't do much to generate job-creating consumer spending since the top earners were left out. 3 million jobs have been lost since the stimulus was passed.

    5. Obama's ill conceived economic policies moved resources from the wealth producing private sector to the mess that is the public sector.

    6. Obama's added taxes have already started and will continue to increase to fund his progressive "hole in the bucket" agenda.

    7. The Tea Party is telling Obama that Spending must be cut because the rich can only cover so much of the massive debt Obama is racking up before the middle class is forced to suffer a Value added tax on every part of production of goods. Stop the madness.:rolleyes:

    Obama tax cut puny by comparison
     
  2. B_talltpaguy

    B_talltpaguy New Member

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    There is already a thread on this topic. Mods should merge it.
     
  3. Industrialsize

    Staff Member Moderator Gold Member

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    FACT: the OP is an OPINION piece by Jay Ambrose, a RIGHT WING syndicated columnist.
     
    #3 Industrialsize, Apr 23, 2010
    Last edited: Apr 23, 2010
  4. Trinity

    Trinity New Member

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    You must also down rank the liberal Op-eds Paul Krugman writes for the New York Times. :rolleyes:
     
  5. mikeyh9in

    mikeyh9in Active Member

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    This is hilarious...

    I love the part about the wealth producing private sector... do you mean the same sector that played the world economy like a game of craps in Vegas and then when the dice came up snake eyes, begged the US Government for a 700 Billion dollar bailout?

    Believe me, the rich can afford to pay a little more in taxes.
     
  6. Industrialsize

    Staff Member Moderator Gold Member

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    See the thing is, I don't post OPINION pieces and label them as FACT.
     
  7. Sergeant_Torpedo

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    Biggest tax cut on large penis support group site. Shows you how Republicans can't think of anything unless it is connected with easy money.
     
  8. Trinity

    Trinity New Member

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    The facts in both columnists' commentaries are easily understood. If you wish to refute the facts...by all means - do so.
     
    #8 Trinity, Apr 23, 2010
    Last edited: Apr 23, 2010
  9. B_talltpaguy

    B_talltpaguy New Member

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    That's right genius, he is also an OPINION writer for the most part, and should also be portrayed as such.

    Then report it back to the Admin, so that posting rules can be modified. Members should not be permitted to just make shit up and misrepresent professional writers, one way or the other.

    That this thread exists as it does indicates that there is a failure in the way the site is being operated, as much as it indicates that Trinity fails as a contributor to the site.
     
    #9 B_talltpaguy, Apr 23, 2010
    Last edited: Apr 23, 2010
  10. B_VinylBoy

    B_VinylBoy New Member

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    In translation... the author is just pissed that he didn't get as big of a refund he wanted, so he created an opinion piece venting his frustration. LOL!!!!
     
  11. TurkeyWithaSunburn

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    Wasn't she just bitching about the deficit a few threads ago? Bush's tax cuts added to the deficit, but now they are best thing since sliced bread?

    And Paul Ryan supports an 8.5% "business consumption tax" which is nearly a VAT.

    consumption tax - Business & Money Definition
    Well since the Republicans now support consumption taxes. A VAT can't be so bad, unless Democrats support it then it's just downright wrong. :rolleyes:
     
  12. B_talltpaguy

    B_talltpaguy New Member

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    ^Hypocrisy is irrelevant to the clinically insane.
     
  13. Trinity

    Trinity New Member

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    No. :rolleyes: The comparison compared how Bush helped the middle class compared to Obama's puny tax cut and a clarification of the tax burden increase of the Rich under Bush.

    Obama has already broken his promise not to raise taxes on the middle class, but a VAT tax or a National Tax or any other taxes would be his "read my lips moment." Not that he needs one...the majority of Americans already feel the Nation is moving in the wrong direction.

    Obama and his people are talking about a VAT on top of all the other taxes. :rolleyes: Under Paul Ryan's plan, the 8.5 percent business consumption tax would eliminate taxes on capital gains and dividends and replace the current anti-competitive corporate income tax.

    Cato.org
     
  14. B_talltpaguy

    B_talltpaguy New Member

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    ^You're so funny.
     
  15. TurkeyWithaSunburn

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    Yes the current corporate income tax is just so outrageously high. :rolleyes: Mega corporation GE makes a global corporate profit of $10,800,000,000 (that's 10.8 billion) but pays no US income tax, it paid -10.5% tax. That is just SOOOO insanely high.

    GE: 7,000 tax returns, $0 U.S. tax bill - Apr. 16, 2010

    So much for whining about all those citizens who don't pay taxes. :cool:
     
  16. B_RedDude

    B_RedDude New Member

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    So

    FACT: Obama's Middle Class Tax Cut Puny Compared to Bush's Tax Cut
     
  17. B_VinylBoy

    B_VinylBoy New Member

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    And given the current states of the economy when both Presidents issued their tax cuts, does this surprise ANYONE with a brain? Or have some rabid conservatives become so desperate to stick their tongues out at Obama supporters that they would put up such a putrid argument?

    What's next? You want the two men to put their dicks on a table so you can see who is larger? :rolleyes:
     
  18. B_talltpaguy

    B_talltpaguy New Member

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    Are you advocating that Obama and the Dems should lower middle class taxes even more?

    Ok, let's do it!
     
  19. Industrialsize

    Staff Member Moderator Gold Member

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    That's my line.........:cool:
     
  20. Trinity

    Trinity New Member

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    GE is one company. But even in this instance the points made by Paul Ryan's plan stand. Didn't you even read the article? The corporate income tax is high. :rolleyes:

    CNN Money

    :rolleyes:
     
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