FuriousOne;5158696 said:
janklow;5158288 said:
FuriousOne;5155439 said:
Yes, i have to remember to say 'Tax cuts for the Rich'.. But i do recall Obama increasing tax cuts for Middle class with the stimulus, so he already claimed those as his own.
ultimately my beef with the administration on this issue is that when they're talking up their help for the non-rich, they start to own the tax cuts ... but then when we talk about the economic effects of those tax cuts, they're always Bush-installed. but i'm negative like that.
Obama has actually said recently that he is willing to cut it all if a deal can't be reached to increase them on people making over a certain amount. But still technically, he did extend taxes for the middle class with his very own tax plan aside from bush's efforts that was created during the stimulus program. He obviously doesn't consider tax cuts for the Middle Class as a negative effect on the economy but rather the tax cuts that aided the Rich far more then anyone else with no trickle down benefit. Still they were created during the Bush era and that is the portion he wants gone.
@kingblaze84, weren't you talking about bailing out Americans? Are you now saying taxes should be increased for everyone?
You guys do no that they tax cuts have differing affects in different income levels right?
http://www.dailyfinance.com/2011/06/14/the-high-cost-to-the-middle-class-of-low-taxes-on-the-rich/
I do want bailouts for Americans, but the tax cuts are too expensive. If we're going to be serious about paying down the deficit, we have to end the constant tax cuts. I can forgive the tax cuts staying for the middle class, but realistically speaking, if we're going to pay down the debt, tax cuts for everyone must end. Otherwise, say hello to more inflation. If this is okay with you, please say so.
This is why I am so adamant against the expensive ass war in Afghanistan, we can save some of that money to help out the working and middle class. If the feds stop being dickheads on marijuana, states would see more growth from the marijuana industry and create more jobs, and then more tax revenues. I understand Obama may just not like marijuana, but the time to be narrow minded in the absence of new ideas to improve the economy is over.