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Thread: The Unaddressed Issue Of the 2012 Election

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    The Unaddressed Issue Of the 2012 Election

    Somehow the 2012 election got hijacked into mindless class warfare and bizarre claims of attempt to redefine rape but the central issue got ignored.

    Like large swathes of Europe,the US is bifurcating into two societies.

    A large and growing minority (you can quibble over percentages but everyone agrees it is somewhere between a third and a half of the populace) is chronically dependent on government transfer payments. You can quibble all you like as to whether they are truly moochers or just people down on their luck but that doesn't matter - they are still there.

    After all the government worming and squirming and doubletalk and class warfare that large minority has to be supported by ever-increasing contributions from the small and shrinking majority who go out and do something every day that peopleare willing to pay for.

    The small and shrinking majority resent this. they pretty much uniformly view the large and growing minority as moochers. If the minority resents being characterized as moocher, the small and shrinking minority doesn't give a rip. At the end of the day the majority is robbed to pay for the minority.

    I cannot imagine a more sure-fire recipe for polarization.

    When you rob Peter to pay Paul, Paul alway approves and Peter always objects.

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    Cigar's Avatar Banned
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    After 12 Years of Peter getting all the breaks ... why not give Paul a break?

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    Quote Originally Posted by Cigar View Post
    After 12 Years of Peter getting all the breaks ... why not give Paul a break?
    When Paul EARNS his break he can get it himself. Peter went out and got his breaks, he EARNED THEM.
    Paul wants his break given to him, and that's not how things work.

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    Even still, the takers honestly think the 1% are holdin back the other 99%....lol.

    its completely nuts how brainwashed people are.

    Taxing the wealthy, isn't going to solve any problem. I don't understand why the left sheep keep thinking that solves anything. It means nothing. Just amazing how far gone these people are.

    I say give these idiots what they want. Raise the taxes and in another 6 months, they will want someone else's money and that won't be enough either. But let's give them that too. So that in another 6 months they can go after someone else's money. I say we give the left everything they want all at once. It won't matter, it still won't be enough and it will not solve a thing b/c all of this sidesteps the elephant in the room, which is spending. The left will not address it ever, their answer is to continue to rob Peter to pay Paul.

    That is the playbook for better or worse. And in the end it really boils down to the fact that the left sheep are brainwashed and really have no intention of ever dealing with reality, and that is this:

    Taxing the rich, doesn't solve our nations problems. It is simply the mechanism their handlers use to control the useful idiots into thinking they are being used by wealthy people.

    it is dumbfounding to me how stupid people are to think this. Now that jobs are being cut, the idiot lefts response is to boycott these companies....lol, which in turn hurts revenue, which further hurts jobs.....lmao.

    But somehow we voted for this??????

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    Granny says, "Dat's right - Obama gonna make dem rich folks pay dey's fair share o' taxes...

    Barack Obama: US wealthiest must pay more tax
    14 November 2012 - President Obama said his approach was that ''the wealthiest Americans pay a little bit more''
    US President Obama has reiterated his call for high earners in the US to pay more in taxes, in his first news conference since winning re-election. He called for quick legislation to rule out tax rises on the first $250,000 (£158,000) of income, but refused to extend cuts for the wealthiest 2%. "We should not hold the middle class hostage while we debate tax cuts for the wealthy," Mr Obama said. The US faces an end-of-year "fiscal cliff" of spending cuts and tax rises. The fiscal cliff would see the George W Bush-era tax cuts expire in combination with automatic, across-the-board reductions to military and domestic spending.

    Loophole offer

    Some $607bn (£380bn) of savings and tax rises are planned, including reductions in the defence budget, the end of an employee tax holiday, changes to Medicare allowances and higher personal taxes. The lower paid are set to lose some child and income credits, but Mr Obama has made fewer references to other portions of the stimulus deal set to expire beyond the tax cuts. The fiscal cliff is due to take effect because Congress failed to reach a deal on deficit reduction after a stand-off over the US debt ceiling in mid-2011. Congressional Republicans have said since last week's US elections that they are open to raising revenue through tax reform and closure of loopholes, but oppose tax rises on the wealthy.

    Glenn Hubbard, an economic adviser to Republican Mitt Romney's failed presidential bid, writing in the Financial Times, called on fellow Republicans to accept the need for the rich to pay more tax, albeit through closing loopholes such as tax deductions. Other Republicans favour ending the right of Americans to deduct mortgage interest payments from their taxable income - something analysts say is likely to hurt the middle classes far more than top earners. During his news conference on Wednesday, Mr Obama was dismissive of a loophole-only reform, telling reporters that "the math tends not to work" in helping to cut the deficit. "It really is arithmetic, not calculus," he said. The president has long opposed extending the Bush-era tax cuts for earnings above $250,000 a year, but gave into Republican demands in 2010 when the cuts were last up for renewal.

    On Wednesday, Mr Obama said that would not happen this time. "A modest tax increase on the wealthy is not going to break their backs," he said. "They'll still be wealthy." But the president said he was confident that the White House and Congress could reach a deal before 1 January to avoid the "fiscal cliff", as the US economy could not afford it coming to pass. He suggested the immediate extension of all the expiring tax cuts except the top rate, followed by a more comprehensive reform of the tax code as well as some of the US' largest benefits programmes, including Social Security in 2013. In doing so, he distanced himself from some in his own party who want the combined tax rises and cuts to happen, in order to give Mr Obama a better negotiating position.

    'Great distance'[/b]

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