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Forum Post: They promise tax cuts and balanced budgets, then hock the nation to the loan sharks.

Posted 12 years ago on July 11, 2012, 10 a.m. EST by factsrfun (8342) from Phoenix, AZ
This content is user submitted and not an official statement

This is Spain. How long before the rich are telling America what it can and cannot do, but God forbid we should raise taxes by 3% or make them pay the same rate no matter how they make their money.

http://www.reuters.com/article/2012/07/11/us-spain-economy-cuts-idUSBRE86A0CP20120711

12 Comments

12 Comments


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[-] 2 points by factsrfun (8342) from Phoenix, AZ 12 years ago

and here I thought people cared about what happened overseas

[-] 2 points by factsrfun (8342) from Phoenix, AZ 12 years ago

See if I don't talk partisan politic nobody cares.

[-] 0 points by hchc (3297) from Tampa, FL 12 years ago

hahaha, very true :)

[-] 0 points by JackPulliam3rd (205) 12 years ago

The Democrats are the party that says government will make you smarter, taller, richer, and remove the crabgrass on your lawn. The Republicans are the party that says government doesn't work and then they get elected and prove it. P. J. O'Rourke

[-] 2 points by factsrfun (8342) from Phoenix, AZ 12 years ago

"Government is inefficient and full of crooks, elect me and I'll prove it." A. Republican (me)

"I don't belong to any organized political party, I'm a Democrat." W. Rodgers

[-] 0 points by hchc (3297) from Tampa, FL 12 years ago

You got to figure if no one cares about the bombs we are dropping that are wiping out whole families, then they prob dont care about economics either.....

This lack of empahty and diginity is our main problem...

[-] -1 points by hchc (3297) from Tampa, FL 12 years ago

Raising it by 3% when the tax code (loophole how-to-do book) is 76k pages is meaningless.

We need a 100% regime change. End the two parties, revamp the system, end the Fed, break up the TBTF, etc...

That being said I dont see the people rising up and doing it. I see them ending up attacking each other first, staying divided and guilible.

[-] 2 points by factsrfun (8342) from Phoenix, AZ 12 years ago

Who said anything about 3%? I support a 99% inheritance after the first 5 million till the debt is paid in full.

[-] -1 points by hchc (3297) from Tampa, FL 12 years ago

"forbid we should raise taxes by 3% or make them pay the same rate no matter how they make their money."

Ummm...you did, genius.

[-] 2 points by factsrfun (8342) from Phoenix, AZ 12 years ago

guess I did, what I didn't say was that it would fix the problem, just that even that tiny amount is enough to lose the support of every Republican, so we should support none of them and work day and night to defeat all of them, to do ANYTHING (like vote third party) to allow a Republican to win is just crazy, like thinking a mere 3% tax increase would fix all our problems

[-] 0 points by hchc (3297) from Tampa, FL 12 years ago

There are plenty of Republicans that are voting third party too....the numbers that are leaving the parties are huge....people are catching on.

Take 3% of our entire GDP and see if that balances the budget deficit.

[-] 1 points by factsrfun (8342) from Phoenix, AZ 12 years ago

As PT used to say ,"there's one born every minute" i guess as long as they don't vote for Romney and we do vote for Obama maybe we can keep the SCOTUS from stripping the people's government of all its power.

not sure why you get hung up on 3%, unless you're really one of those Republicans to which even a 3% riase would be too much. Or are you saying we should raise taxes 3% on incomes over $250,000 just to get things moving in the right right direction, if so you might have something there.

I think a much higher death tax is needed as well.