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  1. #11  
    Senior Member Zeus's Avatar
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    Quote Originally Posted by Rockntractor View Post
    No matter how you want to slice it, removing more revenue from producers by taking away expense deductions etc... and giving the money to the non producers in society is not good for an economy that is hurting for jobs and investment in the manufacturing sector.
    Take away my deductions and incentive to grow and you remove any desire I have to produce.
    This is all about Obama refusing to spend less and continuing to give his friends and interests a free ride.
    Call it what you like, it is taking my investment money and giving it to non productive individuals.
    Removing deductions while lowering rates made it revenue neutral.

    No offense but someone having trouble differentiating between tax revenue & tax rates and deductions isn't doing much in the way of successful investing or producing.
    The 21st century. The age of Smart phones and Stupid people.

    It is said that branches draw their life from the vine. Each is separate yet all are one as they share one life giving stem . The Bible tells us we are called to a similar union in life, our lives with the life of God. We are incorporated into him; made sharers in his life. Apart from this union we can do nothing.
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  2. #12  
    Senior Member Janice's Avatar
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    I shall have to start referring to Boehner as little Barry's side kick. Or Barry Jr. or something...
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    Liberalism is just communism sold by the drink.
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  3. #13  
    PORCUS MAXIMUS Rockntractor's Avatar
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    Quote Originally Posted by Zeus View Post
    Removing deductions while lowering rates made it revenue neutral.

    No offense but someone having trouble differentiating between tax revenue & tax rates and deductions isn't doing much in the way of successful investing or producing.
    Let me put it in a way you might understand, I don't have your kind of money but the equipment I have I sweated to buy, to you I know nothing but I have three diesel pickups a international flatbed dump that hauls 16 ton, two tractors and a skid steer all of them paid for. The deductions I get allow me to repair what I have and to buy more equipment. It is nothing in your eyes but has made me an honest a decent living for ten years.
    The difference between pigs and people is that when they tell you you're cured it isn't a good thing.
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  4. #14  
    Power CUer NJCardFan's Avatar
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    See my thread on Obama's endgame.
    The Obama Administration: Deny. Deflect. Blame.
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  5. #15  
    Senior Member Zeus's Avatar
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    Quote Originally Posted by Rockntractor View Post
    Let me put it in a way you might understand, I don't have your kind of money but the equipment I have I sweated to buy, to you I know nothing but I have three diesel pickups a international flatbed dump that hauls 16 ton, two tractors and a skid steer all of them paid for. The deductions I get allow me to repair what I have and to buy more equipment. It is nothing in your eyes but has made me an honest a decent living for ten years.
    Depreciations are safe. Application, percentages and schedules are what they constantly tinker with.
    The 21st century. The age of Smart phones and Stupid people.

    It is said that branches draw their life from the vine. Each is separate yet all are one as they share one life giving stem . The Bible tells us we are called to a similar union in life, our lives with the life of God. We are incorporated into him; made sharers in his life. Apart from this union we can do nothing.
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  6. #16  
    PORCUS MAXIMUS Rockntractor's Avatar
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    Quote Originally Posted by NJCardFan View Post
    See my thread on Obama's endgame.
    So much of this is just common sense if you watch what is going on around you, I'm starting to think people that don't know these thing intuitively are just a waste of your time.
    Wealth redistribution is one of the main components of socialism and if people choose to deny it is going on they are just pawns in the game.
    The difference between pigs and people is that when they tell you you're cured it isn't a good thing.
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  7. #17  
    LTC Member Odysseus's Avatar
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    First, that was Mitt's plan, and it was valid. Cutting rates and removing loopholes was the beginning of a flattening of the tax code, which is a very good policy. As long as Boehner is talking revenues, he's on the right track. At this point, we're probably better off letting Obama raise taxes, if we do it intelligently.

    The biggest problem that we have right now is that 47% of Americans pay no income taxes, but expect government services. That 47% is the Democratic baseline, and it's too high a percentage for us to be able to defeat them. They only have to attract 3% of the rest of the electorate to win presidential elections. and with the media acting as the Democratic Ministry of Truth, they'll get it more often than not, no matter how badly the Democrats govern. We just saw proof of this, in the reelection of a president whose record made Jimmy Carter look like George Washington. We need to restructure the game.

    Obama wants to raise taxes, so let him raise rates, but only if he expands the base so that some of those moochers end up back on the tax roles. They won't blame the house for that. A rump of Republicans can oppose it, while the Democrats end up supporting it with just enough RINOs to pass it. Harry Reid will push it through the house, and the 47% might shrink down to a more manageable number.
    --Odysseus
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  8. #18  
    PORCUS MAXIMUS Rockntractor's Avatar
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    Quote Originally Posted by Odysseus View Post
    First, that was Mitt's plan, and it was valid. Cutting rates and removing loopholes was the beginning of a flattening of the tax code, which is a very good policy. As long as Boehner is talking revenues, he's on the right track. At this point, we're probably better off letting Obama raise taxes, if we do it intelligently.

    The biggest problem that we have right now is that 47% of Americans pay no income taxes, but expect government services. That 47% is the Democratic baseline, and it's too high a percentage for us to be able to defeat them. They only have to attract 3% of the rest of the electorate to win presidential elections. and with the media acting as the Democratic Ministry of Truth, they'll get it more often than not, no matter how badly the Democrats govern. We just saw proof of this, in the reelection of a president whose record made Jimmy Carter look like George Washington. We need to restructure the game.

    Obama wants to raise taxes, so let him raise rates, but only if he expands the base so that some of those moochers end up back on the tax roles. They won't blame the house for that. A rump of Republicans can oppose it, while the Democrats end up supporting it with just enough RINOs to pass it. Harry Reid will push it through the house, and the 47% might shrink down to a more manageable number.
    Unfortunately he knows better than that, the 47% have to remain the destination for his money or his plans fall apart, I have full confidence in Boehner being his useful idiot before this is over.
    The difference between pigs and people is that when they tell you you're cured it isn't a good thing.
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  9. #19  
    Senior Member Zeus's Avatar
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    Quote Originally Posted by Rockntractor View Post
    Unfortunately he knows better than that, the 47% have to remain the destination for his money or his plans fall apart, I have full confidence in Boehner being his useful idiot before this is over.
    What about Boehner's underling that Paul Ryan guy ?
    The 21st century. The age of Smart phones and Stupid people.

    It is said that branches draw their life from the vine. Each is separate yet all are one as they share one life giving stem . The Bible tells us we are called to a similar union in life, our lives with the life of God. We are incorporated into him; made sharers in his life. Apart from this union we can do nothing.
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  10. #20  
    PORCUS MAXIMUS Rockntractor's Avatar
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    Quote Originally Posted by Zeus View Post
    What about Boehner's underling that Paul Ryan guy ?
    I wish they would switch places, I trust his judgement a little more but right now I'm not to happy with any of them. It is all a moot point anyway, we have no say in this government anymore.
    The difference between pigs and people is that when they tell you you're cured it isn't a good thing.
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