Fantastique wrote:
Eturnalshift wrote:
How much should we tax the rich? How are you more deserving of their money? In many cases they're already paying near 50% in taxes... how much more do you think you're entitled to?
50% taxes so they are left with several million? Oh the agony. What ever will they do?
They'll deal. That's not the point, though. The point is more than your simple comparison between Democrats and Republicans (which is horribly misguided and short-sighted, but I'd expect nothing less from you). People who have money, of any amount, should be able to hold onto it. Just because a person with millions (or billions) amassed their fortune doesn't mean you, I, or anyone else is entitled to a larger percentage of that fortune. It's theirs - not ours.
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And I'm pretty sure Obama touched on every single subject you said he said was untouchable (which I didn't hear him say - and the entitlements are untouchable by both parties, so don't even begin barking up that tree).
According to what the President said...
...Medicare/Medicaid changes are to save a whopping 500B by 2023. (Approx. 41B/yr)
...Limiting Itemized Deductions for the Wealthy will save 320B by 2022. (Approx. 32B/yr)
...Reducing DoD budget by 400B by 2022. (Approx. 40B/yr)
He also mentioned the 1T savings Obamacare will bring over 10 years, despite being an issue with the CBO where it's been said Obamacare isn't going to save much money (if any) and that it'll create a loss for the workforce. The reason I say they're more-or-less untouchable is because the cuts he's hoping to make isn't going to significantly reduce the deficit nor is it going to pay down the national debt. Remember, this guy has been over-spending by over a trillion each year. He's going to have to cut spending by over a trillion, or increase revenue by a trillion, to balance a budget and that's not going to happen based on what he said in his meeting. He's not serious about the budget. He never has been. (Anyone else curious about this 12-year savings he talked about yesterday... I thought it was weird since things are normally done on a 10-year basis... maybe it's to get higher numbers?)
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Also, I'm pretty sure I'm not using too many tax dollars, so it's not how much I think I'm entitled to. Get it right, brah - I'm not arguing for me (that would make me a republican, of course).
I'm not arguing for me, either, since I'm not in the top 2% yet. I'm not championing taking someone else's money and giving it to someone else though - I'm saying the rich should get to keep what they earned since no one is entitled to that money. Sure, people have been hoarding their cash since Obama's economy has continued to crawl, but why wouldn't they? The job market is tough and companies still fail. My wife and I are holding onto our money so if we ever lose our jobs (at the same time) then we can survive at our current standard of living... right now, for about seven months.
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As stated in the other thread...
Democrats - Let's look out for one another.
Retardicans - Fuck you, got mine.
Plain and simple.
I donate my money to different charities for children and veterans. I also hook up with local churches to renovate houses for easier accessibility for the elderly or disabled. (Paid for by charitable donations) I'm pretty sure I'm looking out for others... you though, what is it you do with your time and money?
I assume your comparison would more accurately read:
Fanta - Let's look out for one another by taking someone else's money, giving it to the government then watching them piss it away.
Eturnal - Fuck you, got mine... after I used some of mine to look out for others.
Maybe when you're actually in the real world making a real living and a nice salary then you'll open your eyes.
@ Laelia - I'm well aware of how a budget works. I (well, my wife), unlike the government, manages a successful budget each month. Plus, I'm not saying slashing spending or raising taxes is the right way to go - I'm saying doing BOTH is the right way to go. Before tax rates start increasing the economy should be in a healthier position - lower unemployment rates and a GDP that isn't in decline would be nice, since those two things would generate more revenue, too.

Obama want's to appear as this bipartisan guy so that's what he's going to need to do, especially come next year when Republicans gain more seats. (Hell, that's if he's even a two-term president which, at the current rate, I believe to be unlikely.)