User Tag List

+ Reply to Thread
Page 1 of 10 12345 ... LastLast
Results 1 to 10 of 134

Thread: Fiscal Cliff will we solve it in time? Yes or No...

Hybrid View

  1. #1
    Points: 10,388, Level: 24
    Level completed: 43%, Points required for next Level: 462
    Overall activity: 0.1%
    Achievements:
    Veteran10000 Experience Points
    wazi99's Avatar Senior Member
    Karma
    507
    Join Date
    Oct 2012
    Posts
    215
    Points
    10,388
    Level
    24
    Thanks Given
    24
    Thanked 82x in 54 Posts
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)

    Fiscal Cliff will we solve it in time? Yes or No...

    In one world will we solve it in time Yes or No.

    No

  2. The Following 2 Users Say Thank You to wazi99 For This Useful Post:

    BooHoo (11-09-2012),waltky (11-10-2012)

  3. #2
    Original Ranter
    Points: 858,993, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 93.0%
    Achievements:
    SocialCreated Album picturesOverdrive50000 Experience PointsVeteran
    Awards:
    Posting Award
    Peter1469's Avatar Advisor
    Karma
    496551
    Join Date
    Jun 2011
    Location
    NOVA
    Posts
    241,678
    Points
    858,993
    Level
    100
    Thanks Given
    153,213
    Thanked 147,561x in 94,407 Posts
    Mentioned
    2552 Post(s)
    Tagged
    0 Thread(s)
    No. And it isn't a fiscal cliff. It is spending less than projected. We need to cut spending.

  4. The Following 3 Users Say Thank You to Peter1469 For This Useful Post:

    Bane (11-13-2012),BooHoo (11-09-2012),Jenda (11-13-2012)

  5. #3
    Points: 500,453, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 0.1%
    Achievements:
    SocialOverdrive50000 Experience PointsVeteran
    Cigar's Avatar Banned
    Karma
    325517
    Join Date
    May 2012
    Location
    Wow, what next?
    Posts
    78,900
    Points
    500,453
    Level
    100
    Thanks Given
    4,088
    Thanked 12,276x in 9,780 Posts
    Mentioned
    1541 Post(s)
    Tagged
    1 Thread(s)
    Quote Originally Posted by Peter1469 View Post
    No. And it isn't a fiscal cliff. It is spending less than projected. We need to cut spending.
    That's what I said last Friday ... and I got put in the Hole the telling the truth.

    There is no fiscal cliff ... it's all Bull $#@!!

    No one was complaining when everyone knew extending the Bush Tax Cuts would add 900 Billion to the Debt.

    But if you start telling the truth ... people will try to shut you up, rather than hear the truth.

  6. #4
    Original Ranter
    Points: 858,993, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 93.0%
    Achievements:
    SocialCreated Album picturesOverdrive50000 Experience PointsVeteran
    Awards:
    Posting Award
    Peter1469's Avatar Advisor
    Karma
    496551
    Join Date
    Jun 2011
    Location
    NOVA
    Posts
    241,678
    Points
    858,993
    Level
    100
    Thanks Given
    153,213
    Thanked 147,561x in 94,407 Posts
    Mentioned
    2552 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by Cigar View Post
    That's what I said last Friday ... and I got put in the Hole the telling the truth.

    There is no fiscal cliff ... it's all Bull $#@!!

    No one was complaining when everyone knew extending the Bush Tax Cuts would add 900 Billion to the Debt.

    But if you start telling the truth ... people will try to shut you up, rather than hear the truth.
    Extending the Bush tax cuts expands tax revenues.

    You can't use static accounting models and keep a straight face when explaining how the Bush tax cuts lower tax revenues.

  7. #5
    Points: 12,786, Level: 27
    Level completed: 16%, Points required for next Level: 764
    Overall activity: 0.1%
    Achievements:
    SocialVeteran10000 Experience Points
    BooHoo's Avatar Senior Member
    Karma
    864
    Join Date
    Aug 2012
    Posts
    339
    Points
    12,786
    Level
    27
    Thanks Given
    222
    Thanked 159x in 105 Posts
    Mentioned
    1 Post(s)
    Tagged
    0 Thread(s)
    No.

    Obama - I will compromise but let me make myself clear....it has to be my way or the highway.

    The last thing Obama will do it cut because that is the smart thing to do.

  8. #6
    Points: 39,654, Level: 48
    Level completed: 69%, Points required for next Level: 496
    Overall activity: 0.1%
    Achievements:
    VeteranTagger First Class25000 Experience PointsSocial
    waltky's Avatar Senior Member
    Karma
    5662
    Join Date
    Oct 2012
    Posts
    8,859
    Points
    39,654
    Level
    48
    Thanks Given
    2,515
    Thanked 2,140x in 1,616 Posts
    Mentioned
    46 Post(s)
    Tagged
    0 Thread(s)

    Cool

    Granny says, "Obama gonna make dem rich folks pay dey's fare share o' taxes...

    Obama: Compromise - but not on tax cuts for rich
    November 9, 2012 WASHINGTON (AP) — An economic calamity looming, President Barack Obama on Friday signaled willingness to compromise with Republicans, declaring he was not "wedded to every detail" of his tax-and-spending approach to prevent deep and widespread pain in the new year. But he insisted his re-election gave him a mandate to raise taxes on wealthier Americans.
    "The majority of Americans agree with my approach," said Obama, brimming with apparent confidence in his first White House statement since securing a second term. Trouble is, the Republicans who run the House plainly do not agree with his plans. Speaker John Boehner insisted that raising tax rates as Obama wants "will destroy jobs in America." So began the "fiscal cliff" political maneuvering that will determine which elected power center — the White House or the House — bends more on its promises to voters. The outcome will affect tens of millions of Americans, given that the tax hikes and budgets cuts set to kick in Jan. 1 could spike unemployment and bring on a new recession.

    An exhausting presidential race barely history, Washington was back quickly to governing on deadline, with agreement on a crucial goal but divisions on how to get there. The campaign is over, but another has just begun. The White House quickly turned Obama's comments into an appeal for public support, shipping around a video by email and telling Americans that "this debate can either stay trapped in Washington or you can make sure your friends and neighbors participate." Obama invited the top four leaders of Congress to the White House next week for talks, right before he departs on a trip to Asia.

    In laying their negotiating markers, all sides sought to leave themselves wiggle room. "I don't want to box myself in. I don't want to box anybody else in," Boehner said at the Capitol. Outside all the new the talk of openness, the same hard lines seemed in place. Obama never expressly said that tax rates on top earners must return to the higher levels of the Bill Clinton era, leading to speculation that he was willing to soften the core position of his re-election campaign to get a grand debt deal with Republicans. "I'm not wedded to every detail of my plan. I'm open to compromise," he said. But his spokesman, Jay Carney, seemed to slam that door. He said Obama would veto any extension Congress might approve of tax cuts on household incomes above $250,000.

    Obama's remarks were choreographed so that a diverse-looking group of Americans stood behind him and dozens more were invited to pack the East Room. In the weeks ahead, he plans to pull in the public as a way to pressure Congress. "I am not going to ask students and seniors and middle class families to pay down the entire deficit while people like me, making over $250,000, aren't asked to pay a dime more in taxes. I'm not going to do that," said Obama. He said voters plainly agreed with his approach that both tax hikes and spending cuts are needed to cut the debt. "Our job now is to get a majority in Congress to reflect the will of the American people," Obama said. About 60 percent of voters said in exit polls Tuesday that taxes should increase, either for everyone or those making over $250,000. Left unsaid by Obama was that even more voters opposed raising taxes to help cut the deficit.

    More http://cnsnews.com/news/article/obam...-tax-cuts-rich

  9. #7
    Points: 21,955, Level: 36
    Level completed: 1%, Points required for next Level: 1,195
    Overall activity: 0.1%
    Achievements:
    10000 Experience PointsVeteran
    ptif219's Avatar Senior Member
    Karma
    2131
    Join Date
    Sep 2012
    Location
    Florida
    Posts
    2,995
    Points
    21,955
    Level
    36
    Thanks Given
    642
    Thanked 372x in 312 Posts
    Mentioned
    5 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by waltky View Post
    Granny says, "Obama gonna make dem rich folks pay dey's fare share o' taxes...

    Obama: Compromise - but not on tax cuts for rich
    November 9, 2012 WASHINGTON (AP) — An economic calamity looming, President Barack Obama on Friday signaled willingness to compromise with Republicans, declaring he was not "wedded to every detail" of his tax-and-spending approach to prevent deep and widespread pain in the new year. But he insisted his re-election gave him a mandate to raise taxes on wealthier Americans.
    The loop holes exist because those that make the laws are rich. It is all BS Obama is not going to tax himself

  10. #8
    Points: 21,955, Level: 36
    Level completed: 1%, Points required for next Level: 1,195
    Overall activity: 0.1%
    Achievements:
    10000 Experience PointsVeteran
    ptif219's Avatar Senior Member
    Karma
    2131
    Join Date
    Sep 2012
    Location
    Florida
    Posts
    2,995
    Points
    21,955
    Level
    36
    Thanks Given
    642
    Thanked 372x in 312 Posts
    Mentioned
    5 Post(s)
    Tagged
    0 Thread(s)
    Must not be important Obama is going to Asia for a victory lap

    http://www.nypost.com/p/news/nationa...rKCXi3F8KmeoWO

  11. #9
    Points: 39,654, Level: 48
    Level completed: 69%, Points required for next Level: 496
    Overall activity: 0.1%
    Achievements:
    VeteranTagger First Class25000 Experience PointsSocial
    waltky's Avatar Senior Member
    Karma
    5662
    Join Date
    Oct 2012
    Posts
    8,859
    Points
    39,654
    Level
    48
    Thanks Given
    2,515
    Thanked 2,140x in 1,616 Posts
    Mentioned
    46 Post(s)
    Tagged
    0 Thread(s)

    Red face

    Repubs gonna have to go back on campaign promises to work out a compromise...

    GOP’s rejection of higher tax rates an obstacle to debt deal
    November 8,`12 - To avoid “fiscal cliff,” House Republicans may have to break campaign promises
    The new conciliatory tone among House Republican leaders this week will soon have to confront an old Washington reality: the GOP’s deep opposition to higher tax rates. As they begin bipartisan talks on a broad debt deal, White House and congressional leaders face a group of skeptical rank-and-file Republicans in the House who don’t view Tuesday’s Democratic victories as a reason to retreat on taxes. “The president may think that he’s got a mandate, but so do we. The president may have won a second term, but I won a third term,” Rep. Jason Chaffetz (R-Utah) said Wednesday.

    Somewhat chastened by Tuesday’s defeats in the presidential and Senate races, House Republicans said they are willing to work with President Obama on a deal that would include more tax revenue. But they continue to oppose any deal that would involve higher tax rates. At the core of the negotiations will be how to increase revenue without raising rates. Obama and Senate Democrats campaigned on reaching a debt deal that includes raising taxes on the top 2 percent of earners.

    But many members of the House GOP caucus have made clear to Speaker John A. Boehner (R-Ohio) that any deal that includes higher individual tax rates would be doomed in the House, where the Republican conference returns with a slimmer but still robust majority next year. “Raising tax rates is unacceptable. And frankly, it couldn’t even pass the House,” Boehner said Wednesday in an interview on ABC’s “World News With Diane Sawyer.”

    Additionally, Republicans demand that any deal — with a target of $4 trillion in savings over 10 years — include steep savings drawn from reforming all entitlements. The Democratic counteroffer is a refusal to discuss any changes to Social Security. Crafting a package that can gain congressional approval is critical to avoiding the “fiscal cliff” — $700 billion in automatic tax hikes and spending cuts set to kick in after Jan. 1. The highest hurdle to reaching such a deal may be convincing enough House Republicans, many of whom were swept into power two years ago on the tea party wave, to go along with a compromise that breaks their campaign pledges never to raise taxes.

    MORE

  12. #10
    Points: 21,955, Level: 36
    Level completed: 1%, Points required for next Level: 1,195
    Overall activity: 0.1%
    Achievements:
    10000 Experience PointsVeteran
    ptif219's Avatar Senior Member
    Karma
    2131
    Join Date
    Sep 2012
    Location
    Florida
    Posts
    2,995
    Points
    21,955
    Level
    36
    Thanks Given
    642
    Thanked 372x in 312 Posts
    Mentioned
    5 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by waltky View Post
    Repubs gonna have to go back on campaign promises to work out a compromise...

    GOP’s rejection of higher tax rates an obstacle to debt deal
    November 8,`12 - To avoid “fiscal cliff,” House Republicans may have to break campaign promises
    What makes you think Obama will compromise. Obama's idea of compromise is GOP agreeing with his agenda. this will not happen.

+ Reply to Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts