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Author | Topic: That didn't take long |
ed monahan POA Lifetime Site Supporter Prowler Junkie Personal ScrapBook From:Cincinnati, Oh, USA |
posted 01-05-2013 02:59 PM
President Obama sternly warned congressional Republicans today that if they don't agree to raise the debt ceiling next month, the consequences could be "catastrophic." "If Congress refuses to give the United States the ability to pay its bills on time, the consequences for the entire global economy could be catastrophic," the president said in his weekly address. "The last time Congress threatened this course of action, our entire economy suffered for it. Our families and our businesses cannot afford that dangerous game again."
The president also fired a shot across the bow of Republicans who would like to believe that this week's "fiscal cliff" agreement put the tax issue to rest, signaling that any further deficit reduction efforts must again include tax reform that asks the wealthy to pay more. "Spending cuts must be balanced with more reforms to our tax code," said the president. "The wealthiest individuals and biggest corporations shouldn't be able to take advantage of loopholes and deductions that aren't available to most Americans." It seems this is an issue in which Mr. Obama and congressional Republicans can at least begin to have a conversation. Camp echoed the president on tax reform saying, "we have to start to work on real solutions to return accountability to our tax code by eliminating special interest loopholes."
This message has been edited by ed monahan on 01-05-2013 at 03:01 PM |
KlasKat POA Site Supporter Prowler Junkie From:Centennial Co. USA |
posted 01-09-2013 03:44 PM
How about a nice FLAT Tax for everyone, then we would no longer have lobbyists or 40 million not paying anything and yelling at the rice to pay more.. |
Michael Pond POA Site Supporter Prowler Junkie From:Canon City, Colorado |
posted 01-10-2013 03:18 PM
quote: That might be too fair !! |
Michael Pond POA Site Supporter Prowler Junkie From:Canon City, Colorado |
posted 01-10-2013 03:20 PM
quote: It would also reduce the size of Government and spending. Can't have that. |
StingRay POA Site Supporter Prowler Junkie From:Elk Grove Village, IL, USA |
posted 01-10-2013 04:51 PM
This is why the actor Gerard Depardue left France for first The Netherlands, and ultimately Russia - they have a flat tax there that was SIGNIFICANTLY lower than what he was being gouged by France socialist government. Lower flat tax here would be GREAT! |
David Veu Casovic POA Site Supporter Prowler Junkie From:PIQUA, Ohio |
posted 01-10-2013 06:37 PM
http://www.ehow.com/facts_6188246_information-flat-income-tax.html |
David Veu Casovic POA Site Supporter Prowler Junkie From:PIQUA, Ohio |
posted 01-10-2013 06:43 PM
http://voices.yahoo.com/flat-tax-advantage-disadvantage-10291991.html |
David Veu Casovic POA Site Supporter Prowler Junkie From:PIQUA, Ohio |
posted 01-10-2013 06:48 PM
http://www.buzzle.com/articles/flat-tax-pros-and-cons.html |
David Veu Casovic POA Site Supporter Prowler Junkie From:PIQUA, Ohio |
posted 01-10-2013 06:53 PM
http://www.asktaxguru.com/6556-what-advantages-disadvantages-adopting-flat-tax-us.html |
StingRay POA Site Supporter Prowler Junkie From:Elk Grove Village, IL, USA |
posted 01-10-2013 06:58 PM
David, you just shedding light on the scale here, or advocate against a flat tax? Much of that information seems dated. How many companies today pay into an employees' retirement plan, let alone offer one? I work for a $3.2B company, and there is NO match ... Boo Hoo on the poor .. many STAY poor due to all the current Gov't programs that support them - paid by you and me #well, at least me, don't know you or what you make#. With flat tax and smaller gov't, then those freebie programs go away - poor work, pay their share, and Big Brother isn't in our pockets like they are now ... Ah, until we implement term limits in Washington, remove all the free rides on health care and retirement for these political crooks, nothing's gonna change. Sad, very sad. |
Michael Pond POA Site Supporter Prowler Junkie From:Canon City, Colorado |
posted 01-11-2013 11:34 AM
Why don't the politicians pay social security? Have to percipatate in Obama Care,like the rest of us if it such a good deal ? Their retirement plan should be like the rest of the country, social security and 401k plans or savings. They should have to live by the same rules as the rest of us!! A flat tax of 10% on any income, no matter what you make, with no deductions, seems like a fair share. It would definately reduce the size of government. It might even make them a little more conservative in their spending habits. |
ed monahan POA Lifetime Site Supporter Prowler Junkie Personal ScrapBook From:Cincinnati, Oh, USA |
posted 01-14-2013 05:33 PM
Obama was on the TV today and stated Congress could just give him the power to raise the debt ceiling or they can raise it for him. A little later he said they will all meet and as long as everyone comes in with an open mind, they can get it done. Seemed contradictory to me. |
stevedymo POA Site Supporter Prowler Junkie Personal ScrapBook From:Brick, NJ, USA |
posted 01-14-2013 06:32 PM
Gotta love his spin on raising the debt ceiling - "It doesn't mean spending more, it just authorizes him to pay for the spending Congress already racked up." If they passed a balance budget there would be no need to run a deficit. |
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