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Is there really a fiscal cliff?

Steve

Well-known member
a while back I suggested that the republicans just re-extend the bush tax cuts.. then let Obama and the senate deal with being blamed for the tax increase

but I guess I didn't count on the media burying the lead..

The Republican-controlled House passed legislation on a 256 to 171 vote that would extend the 2001 and 2003 Bush tax cuts on income, capital gains and dividends through 2013.

Republicans were joined by 20 Democrats in voting for the proposal, which would extend the tax cuts for all income levels.

The bill has no chance of advancing in the Senate, which is controlled by Democrats

For all the votes over the past few weeks, Congress is in the same place it has been all year. Unless lawmakers act, the Bush tax cuts – which President Barack Obama extended in 2010 – will expire on Dec. 31. At the same time, a two percentage point payroll tax cut will lapse and the estate tax will hit a broader range of families at a higher tax rate.

the passed it in August.. and it has sat since... all the senate has to do is pick it up.. and pass it... and there is no cliff for another year..
 
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Anonymous

Guest
Steve said:
a while back I suggested that the republicans just re-extend the bush tax cuts.. then let Obama and the senate deal with being blamed for the tax increase

but I guess I didn't count on the media burying the lead..

The Republican-controlled House passed legislation on a 256 to 171 vote that would extend the 2001 and 2003 Bush tax cuts on income, capital gains and dividends through 2013.

Republicans were joined by 20 Democrats in voting for the proposal, which would extend the tax cuts for all income levels.

The bill has no chance of advancing in the Senate, which is controlled by Democrats

For all the votes over the past few weeks, Congress is in the same place it has been all year. Unless lawmakers act, the Bush tax cuts – which President Barack Obama extended in 2010 – will expire on Dec. 31. At the same time, a two percentage point payroll tax cut will lapse and the estate tax will hit a broader range of families at a higher tax rate.

the passed it in August.. and it has sat since... all the senate has to do is pick it up.. and pass it... and there is no cliff for another year..

Problem is- that was back when they were in campaign mode- and looking for the multimillionaires donations- and also falsely believing that the country backed their way of thinking and they would win the White House, more in the House and possible even the Senate....
BUT
they lost the White House bigtime (both popular and electoral vote), lost members of both the House and Senate---- and in doing so lost their hope for Top Dawg spot in negotiations....

If you guys can't see it- you are blind...Repubs misread everything (like they did last election with Sister Sarah and this year with the Tea Party/extremists)- and totally F-ed up- they didn't win and are now dealing their hand from the bottom of the latrine...
And its going to take a lot of working with folks- and changing many of their platforms before they get that hypocrit smell off them on a national level....
 

hypocritexposer

Well-known member
The CBO’s bottom line: If we go over the fiscal cliff, the second Obama administration will accumulate $1.5 trillion in deficits for 2013-2017 ($300 billion per year), for a “modest” deficit of less than two percent of GDP. If Obama gets his full wish list and avoids the fiscal cliff, the CBO’s alternate fiscal policy projections yield a cumulated 2013-2017 budget deficit of $4.5 trillion.

http://ranchers.net/forum/viewtopic.php?t=62160
 
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Anonymous

Guest
Mike said:
The last Senate budget was..............................................................?

It appears as tho thru precedent (like GW's putting 2 wars on the credit card) that they are no longer necessary .... :???:
 

Steve

Well-known member
If you guys can't see it- you are blind.

by the hyped media account we only go over the fiscal cliff if the middle class tax cuts are not averted..

the republicans already passed and extended the middle class tax cuts..

so if we go over the cliff it isn't there fault.. no matter how blind you get... you could see that...
 

Mike

Well-known member
Oldtimer said:
Mike said:
The last Senate budget was..............................................................?

It appears as tho threw precedent (like GW's putting 2 wars on the credit card) that they are no longer necessary .... :???:

It's the law and has not changed. :roll:

$0.42 out of every Federal dollar spent NOW is borrowed. Talk about putting spending on a credit card? :lol: :lol: :lol:
 

Steve

Well-known member
Mike said:
The last Senate budget was..............................................................?

yep,.. just the democratic controlled houses passed the porkulas of all porkulas budgets and then rely on continuing resolutions to keep the level of spending so high it can never be paid for. and then complain taxes aren't high enough..
 

Steve

Well-known member
Oldtimer said:
Mike said:
The last Senate budget was..............................................................?

It appears as tho thru precedent (like GW's putting 2 wars on the credit card) that they are no longer necessary .... :???:

the sad part is that all you liberals actually believe we can spend our way out of a recession.. :?
 
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Anonymous

Guest
Steve said:
If you guys can't see it- you are blind.

by the hyped media account we only go over the fiscal cliff if the middle class tax cuts are not averted..

the republicans already passed and extended the middle class tax cuts..

so if we go over the cliff it isn't there fault.. no matter how blind you get... you could see that...

I think the Dems did the same with the true middle class folks of under $250,000....

Well I don't agree that those making a Million $ a year are middle class-- but I think Obama offered as much as $400,000 as a compromise- and was turned down by the party that's been known for years as the old grey haired rich white mens party.....

Have they been wrongly envisionalized-- for years and years and years :???:
 

Mike

Well-known member
Oldtimer said:
Steve said:
If you guys can't see it- you are blind.

by the hyped media account we only go over the fiscal cliff if the middle class tax cuts are not averted..

the republicans already passed and extended the middle class tax cuts..

so if we go over the cliff it isn't there fault.. no matter how blind you get... you could see that...

I think the Dems did the same with the true middle class folks of under $250,000....

Well I don't agree that those making a Million $ a year are middle class-- but I think Obama offered as much as $400,000 as a compromise- and was turned down by the party that's been known for years as the old grey haired rich white mens party.....

Have they been wrongly envisionalized-- for years and years and years :???:

I don't know how many construction guys I know might make a $Million$ in one year. Bunches.

Then it takes that whole $Million$ to scrape them by for a 10 years. :roll:
 

hypocritexposer

Well-known member
Why would the Democrats want the fiscal cliff conditions? In the unlikely event of spending cuts from fiscal cliff triggers, any impact from those cuts will be quickly negated by the trickery of baseline accounting and its baked in and automatic increases. In contrast, higher tax rates and the military cuts will be ensconced. Neither scenario is distasteful to the Progressives. In fact, the entire "cliff" begins to read like a Progressive bucket list. And any ill affects can and will be blamed on the Republicans.

Publically the Left pretends to be opposed to the fiscal cliff. The President's lack of effort to meet Boehner in compromise is telling. Not lifting a finger seems to be Obama's only labor outside of image control and University speech delivery. Political imagery at the direction of Axelrod and Jarrett is the President's only duty of the day. If the "cliff" is breached, the bully pulpit of an inaugural or a State of the Union speech offers Obama a great opportunity to paint the canvas of public opinion, demonize the GOP controlled House, and impact the midterm elections.

Read more: http://www.americanthinker.com/blog/2012/12/fabrications_from_the_bully_pulpit.html#ixzz2GE8q1LXh
Follow us: @AmericanThinker on Twitter | AmericanThinker on Facebook
 

Steve

Well-known member
Obama threatened to veto the Republican measure, known as "Plan B," if Congress approved it.

Boehner's office slammed Obama for opposing their plan, which would raise taxes on households making more than $1 million a year and is a concession from longstanding Republican opposition to increasing any tax rates.

"The White House's opposition to a backup plan ... is growing more bizarre and irrational by the day," Boehner said through his spokesman, Brendan Buck.

I think a $million is a good point to put another step in the "progressive" tax code..

but liberals think those with a combined income of $200,000 each is a better place...

sadly in some high cost areas $200,000 is not "the rich"...
 
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Anonymous

Guest
Steve said:
Obama threatened to veto the Republican measure, known as "Plan B," if Congress approved it.

Boehner's office slammed Obama for opposing their plan, which would raise taxes on households making more than $1 million a year and is a concession from longstanding Republican opposition to increasing any tax rates.

"The White House's opposition to a backup plan ... is growing more bizarre and irrational by the day," Boehner said through his spokesman, Brendan Buck.

I think a $million is a good point to put another step in the "progressive" tax code..

but liberals think those with a combined income of $200,000 each is a better place...

sadly in some high cost areas $200,000 is not "the rich"...

$500,000 would work-- but the folks of the Party of NO won't agree to anything- even tho they hold the stinky end of the stick- and have convinced the majority to the country they would watch the country implode and promote anarchy/secession rather than compromise...
 

hypocritexposer

Well-known member
Oldtimer said:
Steve said:
Obama threatened to veto the Republican measure, known as "Plan B," if Congress approved it.

Boehner's office slammed Obama for opposing their plan, which would raise taxes on households making more than $1 million a year and is a concession from longstanding Republican opposition to increasing any tax rates.

"The White House's opposition to a backup plan ... is growing more bizarre and irrational by the day," Boehner said through his spokesman, Brendan Buck.

I think a $million is a good point to put another step in the "progressive" tax code..

but liberals think those with a combined income of $200,000 each is a better place...

sadly in some high cost areas $200,000 is not "the rich"...

$500,000 would work-- but the folks of the Party of NO won't agree to anything- even tho they hold the stinky end of the stick- and have convinced the majority to the country they would watch the country implode and promote anarchy/secession rather than compromise...


What spending cuts has obama proposed?

obama doesn't want to compromise.




At one point, according to notes taken by a participant, Mr. Boehner told the president, “I put $800 billion [in tax revenue] on the table. What do I get for that?”
“You get nothing,” the president said. “I get that for free.”

In an Oval Office meeting last week, he told Mr. Boehner that if the sides didn’t reach agreement, he would use his inaugural address and his State of the Union speech to tell the country the Republicans were at fault
 
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Anonymous

Guest
hypocritexposer said:
The quickest way to gain revenue is not to increase taxes, but close loopholes.

But obama refuses to compromise

He ran on a platform of letting the tax cuts expire for those over $250,000- he won on mainly that platform... I would say that puts him in Top Dawg seat and the reason his daily approval rate is 56-57%-- and that 54% say they back his compromise work on the financial cliff issue-- and only 20 some % back Boehner or the Repubs...

I don't agree with it all--BUT if Boehner and the Repubs don't get it done--they will/could be blamed for years to come for the economy if the countries (and the worlds) economy takes a flop...
 

hypocritexposer

Well-known member
Oldtimer said:
hypocritexposer said:
The quickest way to gain revenue is not to increase taxes, but close loopholes.

But obama refuses to compromise

He ran on a platform of letting the tax cuts expire for those over $250,000- he won on mainly that platform... I would say that puts him in Top Dawg seat and the reason his daily approval rate is 56-57%-- and that 54% say they back his compromise work on the financial cliff issue-- and only 20 some % back Boehner or the Repubs...

I don't agree with it all--BUT if Boehner and the Repubs don't get it done--they will/could be blamed for years to come for the economy if the countries (and the worlds) economy takes a flop...


The "Top Dawg" will be found out, sooner or later. For now he has the wool pulled over yours and many others' eyes.


IMO, the Republicans should give him everything he demands.


Despite the fact that the government (including the Fed) has managed to heist almost all of the private sector’s productivity gains through hidden taxation, the amount of continued deficit spending is too great to avoid a future great inflation. The Obama administration has made it clear that it is not serious about reining in spending. Its tax-increase proposals would not fund the government for more than a few days at most and would do real damage to the economy. The Republicans, rather than being unified and insisting on ending this scam, which they could do by refusing to vote for all of the spending, seem to be content to slightly slow the rate of the nation’s fall.

Read more: http://www.washingtontimes.com/news/2012/dec/24/obamas-hidden-tax-heist/#ixzz2GEJJe8Pv
Follow us: @washtimes on Twitter
 

okfarmer

Well-known member
I'll cut my own throat before I give them another dime this next year. I have never wanted to take from the system, but I think everyone that can should systematically take as much as they can to purposefully break the system plus make that much less available for the people who aren't contributing.

It is going to take starving the non-productive to get things turned around. I don't mind helping.
 
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