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Posted: Wed Apr 13, 2011 4:56 pm
by GORDON
Doesn't it depend on how one defines "tax?"
Posted: Wed Apr 13, 2011 6:19 pm
by TheCatt
I guess. But what we need is less deficit, less debt.
Posted: Wed Apr 13, 2011 8:10 pm
by GORDON
If they slap a tax on amazon, that's a tax on me. If they increase the gasoline tax, that's on me. If they increase corporate taxes, that's a tax on me if I use their goods and services.
I make a little less than $250k a year.
Posted: Wed Apr 27, 2011 2:21 pm
by GORDON
Obama made a bet with someone earlier this year... he bet he could get the price of a gallon of gas to $6 by the end of 2011.
http://money.cnn.com/2011....?hpt=T2
Posted: Thu Apr 28, 2011 8:14 am
by TPRJones
That article pisses me off:
Domestic manufacturing tax deduction: This is the largest single tax break, and would save over $1.7 billion a year if eliminated.
...
The percentage depletion allowance: This lets oil companies deduct about 15% of the money generated from a well from its taxes. Eliminating it would save about $1 billion a year.
...
The foreign tax credit: This provision gives companies a credit for any taxes they pay to other countries. Altering this tax credit would save about $850 million a year.
Emphasis added. Wording it this way is wrong. The implication is that all that money belongs to the federal government already, and they're just letting the companies keep it out of the goodness of their hearts. That's bullshit. That money belongs to those companies, and eliminating the credits will take it away from them and increase federal tax revenues. And I'm fine with that, but this article was clearly written by someone who thinks the government owns everything and is just nice enough to let us keep some of it for ourselves.
That attitude is one of the key problems with liberals.
Posted: Thu Apr 28, 2011 10:26 am
by Malcolm
Maybe if they'd stop taxing the fuck out of the companies, they'd expand and hire more folk.
Posted: Thu Apr 28, 2011 10:35 am
by TheCatt
TPRJones wrote:That article pisses me off:
Domestic manufacturing tax deduction: This is the largest single tax break, and would save over $1.7 billion a year if eliminated.
...
The percentage depletion allowance: This lets oil companies deduct about 15% of the money generated from a well from its taxes. Eliminating it would save about $1 billion a year.
...
The foreign tax credit: This provision gives companies a credit for any taxes they pay to other countries. Altering this tax credit would save about $850 million a year.
Emphasis added. Wording it this way is wrong. The implication is that all that money belongs to the federal government already, and they're just letting the companies keep it out of the goodness of their hearts. That's bullshit. That money belongs to those companies, and eliminating the credits will take it away from them and increase federal tax revenues. And I'm fine with that, but this article was clearly written by someone who thinks the government owns everything and is just nice enough to let us keep some of it for ourselves.
That attitude is one of the key problems with liberals.
Email stve.hargreaves@turner.com and let him know.
edit - fixed the email link
Edited By GORDON on 1304001467
Posted: Thu Apr 28, 2011 1:15 pm
by TPRJones
He either wouldn't care or - more likely - wouldn't understand my point.
Posted: Thu Apr 28, 2011 1:25 pm
by thibodeaux
I love it when they talk about "paying" for tax cuts.
Posted: Thu Apr 28, 2011 6:54 pm
by TPRJones
Grrrrr!
Posted: Sun May 01, 2011 11:36 pm
by Malcolm
I'm calling it, this kill will be touted next election like a standard-bearer at the thunderhead of a crusade.
Edited By Malcolm on 1304307409
Posted: Mon May 02, 2011 12:14 am
by GORDON
Malcolm wrote:I'm calling it, this kill will be touted next election like a standard-bearer at the thunderhead of a crusade.
No bet.
Posted: Sat May 07, 2011 2:30 pm
by GORDON
Obama's speech about bin Laden vs. Bush's speech about when they got Saddam.
Whole lot more *I* in Obama's speech.
http://ace.mu.nu/archives/315865.php
Posted: Sat May 07, 2011 3:03 pm
by Malcolm
Saddam captured in Dec. '03. Bush's Dec. '03 approval rating: about 55-60%. From here. Also from here, Obama's approval rating right before Osama is forcibly ejected from existence: about 45%, and that appears to be an upswing. In short, one of them needs to crack 50% support, the other didn't at the time.
Posted: Tue May 10, 2011 9:45 am
by Leisher
Housing market still sucks.
That article rips the feds and the Obama administration's efforts to correct the housing market.
Posted: Tue May 10, 2011 9:59 am
by TheCatt
Meh, it will fix itself within 3 years.
Posted: Tue May 10, 2011 11:21 am
by Malcolm
Not if it keeps getting artificially fucked with.
Posted: Tue May 10, 2011 5:34 pm
by GORDON
RomneyCare, the Massachusetts-sized version of Obamacare, is trending badly in that state.
The bad predictions of everyone with a basic understanding of economics seem to be coming true.
http://online.wsj.com/article....88.html
Posted: Tue May 10, 2011 5:48 pm
by TheCatt
While I don't love that article (not enough data to get a complete picture)...
I would like to say that I do love the Wall Street Journal. Seriously. Of all news sources, it is by far the best. And with the recent edition of sports, supplemented by the internet for scores, etc, it's almost perfect.
I cringe at the nonsense in our local paper's editorial pages (we get the Sunday), both from the editorial columns and the letters to the editor. But the WSJ is a refreshing change of pace for both. People make well-reasoned, deep arguments on a variety of topics, and people (generally) respond in kind. I don't necessarily agree with all of the editorials (though certainly more than our local (and liberal) rag), but they're generally thought-provoking. Most importantly, regardless of which side someone is one, there's an undercurrent of "people control their destiny" that resonates deeply with my core beliefs, and is way too lacking from other spheres of discussion.
WSJ - Love it.
Posted: Thu May 12, 2011 1:21 pm
by Leisher
Medical care providers on Obamacare:
Uhm, no.
So over 90 percent of them won't participate in Obamacare.