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Old 11-14-2012, 09:19 AM  
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Mitt Romney Economic Adviser Calls For Raising Taxes On The Rich, Contradicting Entir
Instead of a copy and paste those interested can follow the link.

http://www.ft.com/intl/cms/s/2/66564...#axzz2C7hKzdke
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Old 11-14-2012, 10:35 AM   #16
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Originally Posted by jiveturkey View Post
That's a bit over the top.

Do I have a track record of dumbassery?

Based on discussions with my FIL I've been told that raising the rates on top earners is socialism but taking additional revenue from top earners via limiting deductions isn't. I'm not arguing that one should be done over the other. It just seems like everyone is ****ing the same chicken but calling it something different.

Help me to understand the difference.
I apologize for the personal attack.

I guess I just get a little frustrated at the arguments I hear every day from the Left that state a desire to raise taxes on the rich bastards because it's the "fair" thing to do. Many of the people who make that argument don't know and don't care about the impact the tax increase will have on the economy, and they don't know and don't care how much the tax increase will raise revenue, or whether or not it will even raise revenue at all. All they care about is raising taxes on the "rich". A small business that makes over $250K can hardly be considered rich.

I'm not saying you made that argument for the specious reasons listed above. I'm just explaining why I seem to fly off the handle a little too easily when that subject is brought up.

If the Bush tax cuts must be repealed in order to get our economic house in order, then I think they should be repealed for everyone. If everyone shares the pain, they might not be so eager to see tax rates increase.
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Old 11-14-2012, 10:41 AM   #17
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Originally Posted by Brainiac View Post
I apologize for the personal attack.

I guess I just get a little frustrated at the arguments I hear every day from the Left that state a desire to raise taxes on the rich bastards because it's the "fair" thing to do. . . . If the Bush tax cuts must be repealed in order to get our economic house in order, then I think they should be repealed for everyone. If everyone shares the pain, they might not be so eager to see tax rates increase.
Let's be real, here. Your argument is also steeped in notions of fairness, as well.

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A small business that makes over $250K can hardly be considered rich.
A small business (a partnership?) where the partner brings in profit of $250K is generally a rich partner. The small partnership isn't taxed itself.
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Old 11-14-2012, 11:54 AM   #18
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Old 11-14-2012, 12:00 PM   #19
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Originally Posted by Mr. Kotter View Post
We need to stop being simplistic, we need to trust the intelligence of the American people and we need to stop insulting the intelligence of the voters."

--Bobby Jindal
I'm pretty sure Jindal wasn't talking about you when he said that.
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Old 11-14-2012, 12:02 PM   #20
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I'm pretty sure Jindal wasn't talking about you when he said that.
I'm absolutely sure he wasn't talking about you.
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Old 11-14-2012, 12:31 PM   #21
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Originally Posted by jiveturkey View Post
I also believe that a shared sacrifice is necessary to solve the problem.
So are you saying everyone should pay something more and also support some real cuts?
Or are you just for targetting revenue and taxes?
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Old 11-14-2012, 12:41 PM   #22
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Originally Posted by BucEyedPea View Post
So are you saying everyone should pay something more and also support some real cuts?
Or are you just for targetting revenue and taxes?
Cuts have to be a part of the solution.
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Old 11-14-2012, 02:17 PM   #23
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Your lack of understanding of the difference is both appalling and unsurprising.
By the way, Grover Norquist held a similar view as Jiveturkey mentioned.
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Old 11-14-2012, 02:27 PM   #24
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By the way, Grover Norquist held a similar view as Jiveturkey mentioned.
Norquist opposed both, but I don't know that he thought both were economically equivalent.
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Old 11-14-2012, 02:29 PM   #25
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Originally Posted by patteeu View Post
Norquist opposed both, but I don't know that he thought both were economically equivalent.
No, he viewed closing deductions as equivalent to a tax increase.
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Old 11-14-2012, 02:31 PM   #26
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Originally Posted by Literature View Post
By the way, Grover Norquist held a similar view as Jiveturkey mentioned.
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Originally Posted by Literature View Post
No, he viewed closing deductions as equivalent to a tax increase.
Is Grover Norquist now your "go to" source regarding tax policy?

He's not mine.
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Old 11-14-2012, 02:33 PM   #27
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Originally Posted by Literature View Post
No, he viewed closing deductions as equivalent to a tax increase.
It is a tax increase. It's not a tax rate increase though.
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Old 11-14-2012, 02:43 PM   #28
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Originally Posted by Brainiac View Post
Is Grover Norquist now your "go to" source regarding tax policy?

He's not mine.
You must not be a Republican congressman.
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Old 11-14-2012, 02:45 PM   #29
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Originally Posted by patteeu View Post
It is a tax increase. It's not a tax rate increase though.
Yes, or as the title of this thread puts it, raising taxes. I'm sure Jiveturkey does not confuse closing deductions as a tax rate increase.
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Old 11-14-2012, 02:49 PM   #30
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