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04-12-2012, 07:02
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#1
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Senior Member
Join Date: Nov 2003
Posts: 5,783
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Obama: Buffet Rule a "Gimmick"
Even President 0 admits that his proposed tax on those earning a million dollars or more a year is just a gimmick that won't close the budget deficit by a fraction of a percent.
Link
But hey, the Buffet Rule was worth spending millions in media time and public monies to promote. Right?
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Big Brother is Watching You.
"No matter where you go, there you are." - Buckaroo Banzi
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04-12-2012, 08:04
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#2
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Senior Member
Join Date: May 2001
Location: Mid-Atlantic, US of A
Posts: 30,384
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It's kind of like Obama's "green" initiatives -- Cash for Clunkers, Solyndra, the Volt, etc., ad nauseum -- they are all fiscal disasters that accomplish less than nothing -- but they "move us in the right direction..."
Of course, that "right" direction is actually the "left" direction -- toward remorseless socialism.
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"When newspapers are controlled, it's amazing how ignorant and immune from pressure the government can be." -- Amartya Sen
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Last edited by JFrame; 04-12-2012 at 08:04..
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04-12-2012, 08:40
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#3
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Misanthropist
Join Date: Aug 2008
Location: Fort Worth, Texas
Posts: 11,331
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All part of the democrat dog and pony show.
Obama must raise taxes on ALL Americans in order to pay for his national healthcare scam.
You didn't really think all that healthcare was going to be free, did you?
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“In the depths of my heart I can’t help being convinced that my fellow men, with a few exceptions, are worthless.” ― Sigmund Freud
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04-12-2012, 08:42
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#4
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Senior Member
Join Date: May 2001
Location: Mid-Atlantic, US of A
Posts: 30,384
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Quote:
Originally Posted by JBnTX
All part of the democrat dog and pony show.
Obama must raise taxes on ALL Americans in order to pay for his national healthcare scam.
You didn't really think all that healthcare was going to be free, did you? 
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Yeah -- to paraphrase the great Inigo Montoya, "I don't think the word 'free' means what you think it means."
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__________________
"When newspapers are controlled, it's amazing how ignorant and immune from pressure the government can be." -- Amartya Sen
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04-12-2012, 08:43
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#5
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Senior Member
Join Date: Jul 2009
Posts: 4,818
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The money he expects to collect under the Buffet Rule would fund at best five days of government spending.
2008: Hope & Change
2012: Fear & Envy
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04-12-2012, 09:29
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#6
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Senior Member
Join Date: Jul 2009
Posts: 9,163
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Let them pay. Let them pay on their income exactly the same rate as anyone who earns a wage, tip or salary. There is no reason at all to allow some to shelter their income by renaming it "dividends" or "capital gains" and then taxing that income at a rate lower than the norm. There is no reason to fail to tax the income of U.S. citizens earned overseas in exactly the same manner that it is taxed in the U.S. Why should such earnings be privileged over the earnings from within the U.S.?
Return the tax structure to the progressive structure typical of the post WWII 1950's era. Cut military spending a minimum of 10%. Remove the artificial ceiling on S.S. tax applying it to every single dollar earned, received, etc. by person. And... since corporations want to be treated as persons, let them pay the SS tax on every dime they make just like any other person who earns a salary, wage, tip, etc., etc., etc. If the job creators weep and wail and gnash their gold filled teeth, then let them. If they can show how they are actually creating jobs rather than simply outsourcing off-shore, etc., then consider some sort of arrangement whereby they receive some tax credit for their demonstrated creation of jobs in the U.S. Otherwise, let them whine. Do that. Then, and only then look at any cuts that might still be necessary to deal with the budget. But make such cuts if and only if the other steps outlines are not sufficient.
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04-12-2012, 09:32
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#7
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Senior Member
Join Date: Jul 2008
Location: MS
Posts: 4,566
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Quote:
Originally Posted by JFrame
It's kind of like Obama's "green" initiatives -- Cash for Clunkers, Solyndra, the Volt, etc., ad nauseum -- they are all fiscal disasters that accomplish less than nothing -- but they "move us in the right direction..."
Of course, that "right" direction is actually the "left" direction -- toward remorseless socialism.
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Because too many people believe that action must be taken quickly. It doesn't seem to matter if those actions work or make things worse. It's because "we care" because "we tried".
I've heard that way too many times. Well at least I tried or he tried. It's better than not doing anything.
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GTDS Certified Member #9
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04-12-2012, 11:30
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#8
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Senior Member
Join Date: Sep 2007
Location: Houston, TX, USA
Posts: 3,472
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Like 99% of what the left does...this is symbolism over substance.
Cutting 1% of the budget of all govt. departments would yield MUCH more savings...but does not SOUND as good to voters as "I am going to punish the rich people."
Sad...but true.
- brickboy240
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Our founders would be shooting by now!
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04-12-2012, 17:30
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#9
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NRA Life Member
Join Date: Jun 2005
Location: Fairbanksan in Aleutian Hell
Posts: 7,392
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You have to wonder what Windmill Warren was trying to accomplish when he made that idiotic comment.
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Usually sufferers of paraphilic infantilism are proud of their condition. Kinda like being a liberal. Your mental flaws are there for the entire world to see, and you're damned proud of it. - tank_monkey
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