obama's job act- you will be paying for 421 billion of it

[Forever_frost]

Tell me Durantula, why are you so afraid of returning the government to the boundries set by the Constitution?

[Forever_frost]

Have you ever thought about the economic impact of putting over 1 million out of work? Hint: It wouldn't be good. For anyone.

If you think we have trouble paying down the debt now just wait until you send the global economy into a depression.

And are you aware that would free up their salary from the tax burden on us as well as the retirement costs they rack up? You know what that would do towards reducing our deficit?

[mustangguy289]

This whole thing is a re-election tactic. He is doing exactly what needs to be done to get all Nos from the repubs. He will then try to turn this around and say the re-pubs do not want to help create jobs.

[juiceweezl]

At the end of the day, we need something that will never, ever happen -- more tax revenue and huge spending cuts. That's the only way to get the deficit fixed QUICKLY.

We'd all be best served by a complete tax reform that did away with all incentives/breaks. We should just simply pay based on money in be it from salary, interest, dividends, capital gains, etc. That way, everyone pays -- including the what 50% that pay no tax now.

[boost addict]

Have you ever thought about the economic impact of putting over 1 million out of work? Hint: It wouldn't be good. For anyone.

If you think we have trouble paying down the debt now just wait until you send the global economy into a depression.

Math isn't your strong suit is it?

You see, if government would get out of the way of the private sector demand would grow (including demand for private sector goods and employees). Then those people we let go from the fed can go work in the private sector actually producing something. America used to produce something, now government is so out of control all the jobs have gone overseas. Did you know America has one of the highest corporate tax rates in the world? Did you know over 80% of American jobs are attached to small business in one way or another? That's not a good combination...You see, if you increase the burden on those small businesses they can outsource overseas or just close the doors. Remember, those Americans are the ones paying the salary/benefits of your precious "1 million" and keeping the leviathan alive. You shrink the private sector and make the fed bigger and you'll see what we're getting into today...a dead end. Did you know the average private sector job in America pays about $40K/year whereas the average federal government job pays over $70K/year? How is that sustainable? I hate this word for many reasons...but how is that "fair"? (oooooh, just saying that word makes me cringe)

The federal government doesn't produce/create ANYTHING...including jobs, it only consumes. The bigger it is, the more consumption from and shrinking of the private sector.

What we need to do is recognize the republic our founders established with limited central government...not this big leviathan we've got now.

[Forever_frost]

Math isn't your strong suit is it?

You see, if government would get out of the way of the private sector demand would grow (including demand for private sector goods and employees). Then those people we let go from the fed can go work in the private sector actually producing something. America used to produce something, now government is so out of control all the jobs have gone overseas. Did you know America has one of the highest corporate tax rates in the world? Did you know over 80% of American jobs are attached to small business in one way or another? That's not a good combination...You see, if you increase the burden on those small businesses they can outsource overseas or just close the doors. Remember, those Americans are the ones paying the salary/benefits of your precious "1 million" and keeping the leviathan alive. You shrink the private sector and make the fed bigger and you'll see what we're getting into today...a dead end. Did you know the average private sector job in America pays about $40K/year whereas the average federal government job pays over $70K/year? How is that sustainable? I hate this word for many reasons...but how is that "fair"? (oooooh, just saying that word makes me cringe)

The federal government doesn't produce/create ANYTHING...including jobs, it only consumes. The bigger it is, the more consumption from and shrinking of the private sector.

What we need to do is recognize the republic our founders established with limited central government...not this big leviathan we've got now.

Well said. Big government people annoy me as they obviously haven't read our founding documents

[Durantula]

And are you aware that would free up their salary from the tax burden on us as well as the retirement costs they rack up? You know what that would do towards reducing our deficit?

They won't have any salary freed up if they're laid off, dude.

Retirement costs? Most seniors would be living in poverty without Social Security benefits.

Math isn't your strong suit is it?

You see, if government would get out of the way of the private sector demand would grow (including demand for private sector goods and employees). Then those people we let go from the fed can go work in the private sector actually producing something. America used to produce something, now government is so out of control all the jobs have gone overseas. Did you know America has one of the highest corporate tax rates in the world? Did you know over 80% of American jobs are attached to small business in one way or another? That's not a good combination...You see, if you increase the burden on those small businesses they can outsource overseas or just close the doors. Remember, those Americans are the ones paying the salary/benefits of your precious "1 million" and keeping the leviathan alive. You shrink the private sector and make the fed bigger and you'll see what we're getting into today...a dead end. Did you know the average private sector job in America pays about $40K/year whereas the average federal government job pays over $70K/year? How is that sustainable? I hate this word for many reasons...but how is that "fair"? (oooooh, just saying that word makes me cringe)

The federal government doesn't produce/create ANYTHING...including jobs, it only consumes. The bigger it is, the more consumption from and shrinking of the private sector.

What we need to do is recognize the republic our founders established with limited central government...not this big leviathan we've got now.

It appears you're the one that's not adept in math. The tax hikes proposed would not affect the 98% of small businesses/owners who make less than $250k a year.

You're extremely naive if you actually believe the federal government does not produce or create anything. Never mind that a very large majority of those employees are members of the armed forces.

[Slammy]

I just like how they keep talking about getting the job creators investing again. THEY ARE ! In asia!!! hahah

Why would they invest here instead of the soon to be largest economy in the world? Seems everytime ya turn around you read a story about how a companies asian profits blow their profits in the US away. This country is quickly becoming a has been sad to say.

Course they all still wanna live here to get the benfits of being americans while not helping.

[Vertnut]

They won't have any salary freed up if they're laid off, dude.

Retirement costs? Most seniors would be living in poverty without Social Security benefits.



It appears you're the one that's not adept in math. The tax hikes proposed would not affect the 98% of small businesses/owners who make less than $250k a year.

You're extremely naive if you actually believe the federal government does not produce or create anything. Never mind that a very large majority of those employees are members of the armed forces.

Your man Barry is anti-business. He's proven this time and again. Besides, it's not the governments place to create private sector jobs, and that's why they suck at it. He's already been given $800 billion, and it got flushed with nothing to show for it. He's got to QUIT SPENDING. Of course he won't do it, and now he's even losing his liberal base because of some of his silly decisions.
He's up to his ass in this Solyndra scandal, and I'm thinking between that, his "Fast and Furious" gun-running operation, and this depression he's brought on, he's not long for the whitehouse.

[Vertnut]

I just like how they keep talking about getting the job creators investing again. THEY ARE ! In asia!!! hahah

Why would they invest here instead of the soon to be largest economy in the world? Seems everytime ya turn around you read a story about how a companies asian profits blow their profits in the US away. This country is quickly becoming a has been sad to say.

Course they all still wanna live here to get the benfits of being americans while not helping.

For the socialized free medicine if for no other reason.

[boost addict]

They won't have any salary freed up if they're laid off, dude.

Retirement costs? Most seniors would be living in poverty without Social Security benefits.



It appears you're the one that's not adept in math. The tax hikes proposed would not affect the 98% of small businesses/owners who make less than $250k a year.

You're extremely naive if you actually believe the federal government does not produce or create anything. Never mind that a very large majority of those employees are members of the armed forces.

Hmmm, so wrong...so little time.

1. His plan would effectively raise taxes on those 98% because he will be eliminating all the loopholes and deductions us small business owners use to stay in the black.

2. His plan would also effectively raise taxes on those 98% because he'll be eliminating the mortgage deduction on those small business owners who own their own buildings and houses.

3. If it's only 2% of small businesses that make more than the 250K barry is proposing then how is that small amount of revenue going to cure our debt crisis? Hint: IT WON'T! There aren't enough rich people in America to even confiscate 100% of their wealth and tackle the debt problem.

4. History has proven that increasing taxes decreases revenue to the federal government. Decreasing taxes increases revenue to the federal government: i.e. Ronald Reagan added 21 million jobs and doubled revenue to the fed with his tax cuts. Also, Bush increases revenue by 44% to the fed when his 2003 tax cuts went through (year to year increase).

5. Barry's agenda is strictly about social justice. i.e. the rich owe the poor/minority population what is "rightfully" their's. Look into what his preacher talked about (look up black liberation theology - taught by Rev. Jeremiah Wright). He went to that church for 20 years and it teaches that for white people to go to heaven they have to first surrender all belongings and wealth to black people. That fits in perfectly with a tax increase focused on the rich doesn't it? How about his favorite book by Alinsky that teaches the same thing?

DO YOUR RESEARCH!

Now, for the next class would you like me to go into the difference between income taxes and dividend/capital gains taxes? Because that's what barry and buffet are not presenting to the blind followers like yourself.

What do I know anyway? I only own 5 small businesses and have seen first hand what the instability this moron has brought has done to my forecasts and hiring outlook. You see, banks and businesses like to look 5 years out. The entire time this idiots been in office I've never known whether I'm getting a tax increase, what the true impact of his healthcare plan will be, and whether I need to go elsewhere to do business because of his "financial reform" bill.

So you know what? I have hired zero people. I have bought zero pieces of new equipment. I wanna have a serious discussion with the 38% of Americans who supposedly still support this dictator in chief. I've watched the dollar deflate exponentially and the price of gold go from about $1000 bucks the day he took office to damn near $1900 in the past few weeks. And I'm scared to death of another 4 years of the guy.

There's my math. That's all I need.

[Forever_frost]

You know what Boost? I think I like you. Consider yourself added to my "do not shoot" list.

Now, what is amusing is Obama is talking about 'millionaires and billionaires" and starting at 250k. 250k is closer to zero than million or billion. And those evil people in the private jets? He flies in the largest and most expensive one at his leisure.

[Forever_frost]

They won't have any salary freed up if they're laid off, dude.

Retirement costs? Most seniors would be living in poverty without Social Security benefits.



It appears you're the one that's not adept in math. The tax hikes proposed would not affect the 98% of small businesses/owners who make less than $250k a year.

You're extremely naive if you actually believe the federal government does not produce or create anything. Never mind that a very large majority of those employees are members of the armed forces.

Show me where, in the Constitution, the federal government has the power to provide social security. The armed forces is constitutional. The rest? Not really