Twenty One Tax Hikes by Obama

[Maverick74]

http://www.atr.org/comprehensive-list-obama-tax-hikes-a6433

I think this scene from "Goodfellas" sums it up nicely.

<iframe width="420" height="345" src="http://www.youtube.com/embed/5ydqjqZ_3oc" frameborder="0" allowfullscreen></iframe>

 

[playmoney]

Light a match eh?

It's only a matter of time before the US ends up like the Roman Empire: in bits and pieces.

 

[RickTheMan]

Quote from playmoney:

Light a match eh?

It's only a matter of time before the US ends up like the Roman Empire: in bits and pieces.

Yeah, bring on the change, Obama!

Bring it! Change!

........Anybody got any change? I'm kind of hungry.......

 

[pspr]

It would be 121 tax hikes if the Repulicans didn't fight tooth and nail against them. There would be no economy if Obama had his way.

 

[Ricter]

"I've lived through some terrible tax increases in my life, some of which actually happened."

Rictwain

 

[Max E.]

Was trying to find this scene the other day for that thread about dealing with the IRS.

Quote from Maverick74:

http://www.atr.org/comprehensive-list-obama-tax-hikes-a6433

I think this scene from "Goodfellas" sums it up nicely.

<iframe width="420" height="345" src="http://www.youtube.com/embed/5ydqjqZ_3oc" frameborder="0" allowfullscreen></iframe>

 

[Max E.]

You can almost always count on the tax increases happening, its the spending cuts that never seem to come to fruition. Obama and Congress just managed to find 2 trillion in cuts and it took them 6 months to do that, now Obama is going to propose a 450billion dollar bill, just a month after we proposed cutting 2 trillion from budgets 5-10 years down the line.

Is there any doubt in anyones mind we will have spent more than the 2 trillion extra dollars by the time we get to these cuts which will probably never come to fruition anyways?

Quote from Ricter:

"I've lived through some terrible tax increases in my life, some of which actually happened."

Rictwain

 

[Ricter]

Quote from Max E. Pad:

You can almost always count on the tax increases happening, its the spending cuts that never seem to come to fruition. Obama and Congress just managed to find 2 trillion in cuts and it took them 6 months to do that, now Obama is going to propose a 450billion dollar bill, just a month after we proposed cutting 2 trillion from budgets 5-10 years down the line.

Is there any doubt in anyones mind we will have spent more than the 2 trillion extra dollars by the time we get to these cuts which will probably never come to fruition anyways?

Well, fortunately we are a low-tax country to begin with. (Ignoring the "California problem" for a moment.)

 

[Maverick74]

Quote from Ricter:

Well, fortunately we are a low-tax country to begin with. (Ignoring the "California problem" for a moment.)

Huh? People in CA and NY pay about 53% in state, local and federal income taxes. How much do you want Ricter?

 

[Ricter]

Quote from Maverick74:

Huh? People in CA and NY pay about 53% in state, local and federal income taxes. How much do you want Ricter?

That's why I mentioned what I call, in this context, the California Problem. The US is a low-tax country on average, but if you live in CA, for example, as jem has pointed out, your taxes are in fact well above average. So the problem arises that supposedly fair, and simplistic, across-the-board tax increases would not be fair.