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Old 10-05-2012, 11:25 AM  
Great Expectations Great Expectations is offline
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Debate Bounce
For those of you who closely follow the polls what kind of bounce did Romney get from the debate? What does that do to his chances of winning the general election?
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Old 10-11-2012, 11:43 AM   #136
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Originally Posted by jiveturkey View Post
It just doesn't sound like a strong plan for deficit reduction.

Similar to Obama hoping that a stimulus package would keep unemployment below 8%.
Creating a broader, more stable tax base while eliminating loopholes that overcomplicate the tax code and favor those who can afford the best accountants/lawyers doesn't sound like a good plan for deficit reduction? I guess Obama's your guy, then.
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Old 10-11-2012, 12:00 PM   #137
jiveturkey jiveturkey is offline
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Originally Posted by Saul Too View Post
Creating a broader, more stable tax base while eliminating loopholes that overcomplicate the tax code and favor those who can afford the best accountants/lawyers doesn't sound like a good plan for deficit reduction? I guess Obama's your guy, then.
Eliminating loopholes and simplifying the tax code make a great deal of sense.

Creating a broader tax base isn't done by signing a new law though and there are a lot of factors that could hold this part of the plan back. This reduces my confidence in it's ability to close to deficit gap.

But by all means feel free to throw your hands on the air and tell me to vote for the other guy because I'm asking questions. More than one person has advocated raising taxes in this thread. I'm simply pointing out that it hasn't been possible in our current political climate. Others like yourself are suggesting more "revenue", which is a totally different argument. On paper it makes sense. If the global economy shits all over everyone next year then it's not going to work and we'll be back to saying deficits don't matter.
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Old 10-11-2012, 12:01 PM   #138
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Quote:
Originally Posted by Saul Too View Post
Creating a broader, more stable tax base while eliminating loopholes that overcomplicate the tax code and favor those who can afford the best accountants/lawyers doesn't sound like a good plan for deficit reduction? I guess Obama's your guy, then.
Yeah, I don't get why people [present company not necessarily included] don't understand the way this benefits the broader economy while bringing in more revenue from the existing tax base in the interim.

Instead we get the stupid, stupid, stupid $5 trillion argument and talk about how we should grow the economy from the middle out. I'd like to see what would happen to the economy if you tried to grow it from the middle out...
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Old 10-11-2012, 12:06 PM   #139
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They need to dump all of the deductions on taxes including mortgage and dependents unless those dependents are disabled
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Old 10-11-2012, 02:12 PM   #140
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Originally Posted by jiveturkey View Post
Creating a broader tax base isn't done by signing a new law though and there are a lot of factors that could hold this part of the plan back.
It's not?
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Old 10-11-2012, 02:18 PM   #141
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Originally Posted by patteeu View Post
It's not?
What in the name of zues' butt hole are we debating here?

a - Are you going to broaden the base by putting more people to work?

b - Or are you going to broaden the base just through simplification and elimination of deductions?

If it's (a) then signing a law that forces every back to work probably isn't in the cars.

If it's (b) then you're talking about raising taxes, which can certainly be done via a couple of well placed signatures.
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Old 10-11-2012, 02:25 PM   #142
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Quote:
Originally Posted by jiveturkey View Post
What in the name of zues' butt hole are we debating here?

a - Are you going to broaden the base by putting more people to work?

b - Or are you going to broaden the base just through simplification and elimination of deductions?

If it's (a) then signing a law that forces every back to work probably isn't in the cars.

If it's (b) then you're talking about raising taxes, which can certainly be done via a couple of well placed signatures.
Romney has indicated that he wants to do (b) along with an across-the-board rate cut in order to facilitate (a), so a law change will be required.
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Old 10-11-2012, 02:53 PM   #143
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Originally Posted by patteeu View Post
Romney has indicated that he wants to do (b) along with an across-the-board rate cut in order to facilitate (a), so a law change will be required.
It's pretty much exactly what Reagan did in the 1980s: cut the marginal tax rates and reduce loopholes and deductions in order to broaden the tax base.

But if we do that again we could be stuck with another 25 years of prosperity and unprecedented growth, so we sure as hell don't want to go there. It wouldn't be "fair".
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Old 10-11-2012, 03:07 PM   #144
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Originally Posted by patteeu View Post
Romney has indicated that he wants to do (b) along with an across-the-board rate cut in order to facilitate (a), so a law change will be required.
Will this result in people paying more in taxes?
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Old 10-11-2012, 09:36 PM   #145
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Originally Posted by jiveturkey View Post
Will this result in people paying more in taxes?
Romney said that it will probably result in rich people paying more in taxes, but pledged that the middle class would not.
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Old 10-11-2012, 09:49 PM   #146
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Originally Posted by R8ers View Post
They need to dump all of the deductions on taxes including mortgage and dependents unless those dependents are disabled
Sure raise my taxes $3K a year but **** raising taxes on the rich one penny?

Go for that policy, I think Republicans ought to advocate doing away with the mortgage deduction.
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Old 10-11-2012, 09:51 PM   #147
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Originally Posted by patteeu View Post
Romney said that it will probably result in rich people paying more in taxes, but pledged that the middle class would not.
yeah and people that believe that BS deserve to have their taxes raised by romney.
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Old 10-11-2012, 10:07 PM   #148
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yeah and people that believe that BS deserve to have their taxes raised by romney.
Says the guy who's been hooked up to the Obama BS IV for the past 5 years.

I can't imagine why we shouldn't believe him and it's even harder for me to imagine that you have some insight into the subject.
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Old 10-11-2012, 10:44 PM   #149
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The whole argument that they want a tax cut for the wealthy at the expense of the middle class is complete BS anyway. Does anyone really think a middle class tax increase is going to happen?
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Old 10-11-2012, 10:45 PM   #150
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The whole argument that they want a tax cut for the wealthy at the expense of the middle class is complete BS anyway. Does anyone really think a middle class tax increase is going to happen?
I think it's the DNC spin for the tax burden shifting to the middle class.

So it's a dishonest presentation of a true statistic.
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