How Do You Grow the Economy From the Middle Out

[RINGLEADER]

I keep hearing this line from the Dems. How, precisely, do you grow the economy "from the middle out?"

[BigRedChief]

Originally Posted by Iowanian

BRC

If your 20 year old son were a student, he could have been on your insurance the previous 8 years. Your son has no assets at 20, he had nothing to lose. You weigh what, 400lbs? Not trying to be mean, but do you think My insurance should be higher because of across the board coverage? I don't, any more than you should be dinged for my health issues. Socialized health care is substandard to what we have and I don't want it, even if it makes liberals feel better.

As for your magic number that defines wealthy business that should be hammered, do you know what will happen? I do. Businesses that big are large enough to hire good enough attorneys that they'll essentially subdivide divisions of their companies to stay under those thresholds and it will be legal.

I'm not saying rich shouldn't pay taxes, I'm not suggesting that big business shouldn't be taxed. What they need to do is close loopholes for deductions or set tax brackets that reward job creation.

I'm becoming more of a fan of the concept of no payroll taxes, other than maybe SS...and going to consumption based taxes if the flat tax won't work.

As long as those Billionaires are recieving those Bush tax cuts I'm not going to listen to any R telling me we cant afford "it". Tax cuts for billionaires or no head start, no investment in education, no health care etc etc. I could make a list of 1000 items that the people need more than a billionaire needs his taxes cut.

Originally Posted by Iowanian

BRC

If your 20 year old son were a student, he could have been on your insurance the previous 8 years. Your son has no assets at 20, he had nothing to lose. You weigh what, 400lbs? Not trying to be mean, but do you think My insurance should be higher because of across the board coverage? I don't, any more than you should be dinged for my health issues.

My son loses his credit for 10 years. Thats not a small thing.

I've been paying helath care premiums for 35 years. Never been sick, never been in an accident or been hospitalized. Now because I have a fat ass and take $5.00 a month medication I shouldnt be covered any longer? They have got 35 years of premiums out of me and I've not used hardly any of that money. Now lets drop his fat ass. Thats the current system. Keep the profit flowing.

The idea is that when you put these 30 million new people into the insurance system, most are not going to tap their insurance for many years just like I did. Same principle as to why pizza buffets are successful. I visit a pizza buffett, they probably don't make much money but "normal" people eat less and they make a profit. It's spread around over many people. Thats the core of the idea.

[BigRedChief]

Originally Posted by Iowanian

As for your magic number that defines wealthy business that should be hammered, do you know what will happen? I do. Businesses that big are large enough to hire good enough attorneys that they'll essentially subdivide divisions of their companies to stay under those thresholds and it will be legal.

I don't have that magic number either. I know that the Chicago Cubs are not a small business.

when you have businesses with revenue of $1 million with those that have revenue of $50 million trying for the same pile of tax breaks, thats not working. The $1 million company and the $50 million company have totally different needs to expand and hire. They are just not the same thing.

Maybe just pick a number, give out tax breaks to a small business that generated less than $5 million a year? I think if you are generating $5 million a year, you are on your way. Let's find the next start up and give them that tax benefit that the now $6 million company was recieving.

People a lot smarter than me can determine that magic number.

[Comrade Crapski]

Originally Posted by BigRedChief

People a lot smarter than me can determine that magic number.

[chiefzilla1501]

By the way, why has the obvious not been mentioned?

Best way to grow from the middle out? Porn.

[Chiefshrink]

Originally Posted by RINGLEADER

I keep hearing this line from the Dems. How, precisely, do you grow the economy "from the middle out?"

You don't. But this bottom up sh** is just absurd and needs to stop but it won't because it's what Marxists do. Play the class warfare card at every turn in order to give the 'illusion' of being for the middle class while purposely destroying it per Marx and Saul Alinsky. When you have a strong middle class Marxism is nil. Marxism needs the majority of the masses to be poor and needy in order for control pure and simple.

I get your "tongue in cheek" question though.

[BucEyedPea]

Originally Posted by chiefzilla1501

By the way, why has the obvious not been mentioned?

Best way to grow from the middle out? Porn.

No, beer.

[BucEyedPea]

Originally Posted by BigRedChief

You are going to need 60 votes in the Senate and a Romney presidency to repeal Obamacare. Not going to happen. Republicans vowed for years to repeal Social Security too. Just not going to happen.


I'm not lying and saying I'm a business to to get health insurance. Thats your solution?

Not if reconciliation is used. The Dems used that to pass it. So, determined Republicans will use it to repeal ACA. That just requires a simple 51 vote majority in the Senate for a fast-track repeal. A Republican sweep of govt is definitely necessary though. It's too bad the R Party leadership was so stupid in its tactics during the primary season, which btw, was not just done to Paul's campaign but some of the other candidates too. Still, it's now before most of ACA is implemented which will keep it there until the system implodes.

[patteeu]

Originally Posted by BigRedChief

I'm all for lowering taxes on the middle class, lowering them for small business owners. Not for the rich. And the definition of a "small buiness owner" is BS. Billionaires, Billion $ companies. Thats where the seperation occurs btween what is a small business owner and who is not. We define it better, who gets those tax breaks, i could go along.

Obama put forth a huge tax cut for businesses this summer, why didnt the Republicans vote for it?

I think your struggle is what every american should support. A guy has an idea, puts his heart and soul into it, hires a few people etc. Thats exactly how we build the middle class and get out of this mess.

I'm also against stupid ass regulations. I have to deal with that stupidity daily. But, we almost had another depression because we allowed businesses to do whatever they wanted. Almost total deregulation caused so much harm to this country. Wheres that line when we have trip wires in place so that businesses dont cause us all to suffer a depression?

We haven't come close to "almost total deregulation" during your lifetime. What you're complaining about, even if you don't realize it, is the misregulation and unintended consequence of government action. This utopia that you envision where government keeps all the good regulations and discards the bad just doesn't exist.

[patteeu]

Originally Posted by Tom.Jay61

LOL, right on. I don't care if people give me the business for it, I LOVE YOU.

[Aries Walker]

Originally Posted by chiefzilla1501

Best way to grow from the middle out? Porn.

Originally Posted by BucEyedPea

No, beer.

They're not mutually exclusive, you know.

[BigRedChief]

Originally Posted by patteeu

LOL, right on. I don't care if people give me the business for it, I LOVE YOU.

I dont know those people in the pic. But as far as his actions off the board.

Originally Posted by BigRedChief

If you are shitsprayer or shitsprayer is reading this and its true you joined the army to serve............ That is a serious stand up act in support of your country. Major respect and props are due.

[Comrade Crapski]

Originally Posted by BigRedChief

I'm all for lowering taxes on the middle class, lowering them for small business owners. Not for the rich. And the definition of a "small buiness owner" is BS. Billionaires, Billion $ companies. Thats where the seperation occurs btween what is a small business owner and who is not. We define it better, who gets those tax breaks, i could go along.

Obama put forth a huge tax cut for businesses this summer, why didnt the Republicans vote for it?

I think your struggle is what every american should support. A guy has an idea, puts his heart and soul into it, hires a few people etc. Thats exactly how we build the middle class and get out of this mess.

Well, under the collectivist system That the Obama administration has been incrementally imposing, there will be no middle class — just government-dependent peasants and their wise, all-powerful rulers.

[ROYC75]

Originally Posted by RINGLEADER

I keep hearing this line from the Dems. How, precisely, do you grow the economy "from the middle out?"

I wondered this the other day and then just shrugged it off after LOL at it.


Throwing anything out there trying to make it stick is all the D's have now.

[banyon]

Imo, arguing about whether tax cuts should be focused on the middle class or the wealthy is rearranging the deck chairs on the titanic. We didn't lose our industries to China et al. because we misallocated a few tax cuts to one group or another. And if these are the best ideas of both sides this country is doomed.

[RNR]

Originally Posted by banyon

Imo, arguing about whether tax cuts should be focused on the middle class or the wealthy is rearranging the deck chairs on the titanic. We didn't lose our industries to China et al. because we misallocated a few tax cuts to one group or another. And if these are the best ideas of both sides this country is doomed.

A very solid post~