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GOP and Tea BAggers to force government shutdown

All you need to know about both sides on the budget came during the showdown over extending the Bush tax-cuts for the top 2%. That came at a cost of roughly $360 billion over the next two years. It is impossible for me to take seriously any GOP candidate who claims to be a deficit hawk who also supported that extension because it came at nearly 10X the cost as the cuts they nearly shut the government down for.

Not allowing those cuts was also one of Obama's key campaign promises. And he caved. He had an opportunity before the elections to force a floor vote in the House in which the GOP would have to vote against a measure extending everyone's tax cut but the top 2%, crystallizing the real stakes to the GOP position, and refused to even make them put their votes where their mouths were. It was a huge tactical error politically and from a policy position and revealed him as a man without a real principled vision for the future of the country who is not willing to draw any lines in the sand. And what did the Dems get out of that deal? The extension of unemployment benefits. He's a person who actively encourages political hostage taking by caving in every single time.

Frankly, if this had been my negotiation the Planned Parenthood and NPR threats were so nakedly political and designed to be inessential that I would have billions off the table with the GOP as an insult-tax for thinking they could play those games. Not our Democratic party. They gave more away.

The reality is that Obama could emerge from the West Wing tomorrow advocating the repeal of all abortion rights, the abolition of the EPA, tax cuts for everyone, the elimination of Medicare/Medicaid and Social Security and the vast majority of the GOP base still wouldn't like him. He's got to get over the idea that he can win them over and lead public opinion instead of follow it.

All that said, I would love to play poker with the man.
 
This is, of course, after a total non-response to a lengthy post regarding your claims of the US' corporate tax rates' relative level. It's a wonder I ever try at all.

Good point. Maybe you should shoot yourself and spare yourself the agony of dealing with me...

Regarding the corporate tax thing. You specifically used GE. GE's profits were all made using off shore divisions and fancy accounting. It's a shame that the US government doesn't realize that keeping a company in the US and only taxing them at 10% is a better return than taxing them at 35% and getting nothing because they set up shop in a different country. 10% of 9 billion is better than 0% which is what GE has paid to the US the last two years. Rather than several other countries getting a cut of taxes paid by GE the US should just lower their rates and get everything from GE.

The US needs to lower their corporate tax rate and then close all of the damn loopholes. GE is only doing what they are allowed to do under US tax law. It seems absolutely silly to me that the US would even have a 35% tax if nobody actually pays 35%.

There's a reason a lot of countries are lowering their corporate taxes. It brings in large corporations. Japan, Ireland and Canada have all lowered, or are getting ready to lower, their corporate tax rates.

Look at it this way, if there are two stores selling the same product but one has it listed at 9.99 and the other at 19.99 but will give you the product for 9.99 if you fill out the paperwork, send it in and wait for a rebate why would you bother going to the second store at all? Just buy it for 9.99 and be done with it. The US is acting like the second store. Tax at a high rate but then offer "rebates" (loopholes) that require lawyers and accountants to realize the savings. Why bother when I can open shop in Canada at 16.5% and cut out all the crap?

Then again, I guess lawyers and accountants need jobs too.
 
So. when you said in this post "... you'll have a better than average pension coming your way from the teacher's union ... ", you really meant '... you'll have a pension from the teacher's union, and it might be a little better than social security, coming your way ...'. Man, how could I have misunderstood that?

Good question. How did you misunderstand that?
 
Marcus--I think people understand what you're saying for the most part. Where the discussion lies is in actual tax rates. I agree with you corporate tax should be lowered and loopholes shut, but this doesn't say anything about the true current tax rate. Making an extremely crude calculation from the latest BEA National GDP report, table 11 shows corporate profit (in billions of dollars) of $1,678.3 and taxes of 428.1. That's 25.5%. Start subtracting the government revenue stream and the deal gets better and better for corporate America.

https://www.bea.gov/newsreleases/national/gdp/2011/pdf/gdp4q10_3rd.pdf

The tax structure is more likely to kill start-ups than the big corporations with lobbyists. I was going to point this out a few days ago, but I'm too lazy to get into any meaningful discussion about it.
 
All you need to know about both sides on the budget came during the showdown over extending the Bush tax-cuts for the top 2%. That came at a cost of roughly $360 billion over the next two years. It is impossible for me to take seriously any GOP candidate who claims to be a deficit hawk who also supported that extension because it came at nearly 10X the cost as the cuts they nearly shut the government down for.

Not allowing those cuts was also one of Obama's key campaign promises. And he caved. He had an opportunity before the elections to force a floor vote in the House in which the GOP would have to vote against a measure extending everyone's tax cut but the top 2%, crystallizing the real stakes to the GOP position, and refused to even make them put their votes where their mouths were. It was a huge tactical error politically and from a policy position and revealed him as a man without a real principled vision for the future of the country who is not willing to draw any lines in the sand. And what did the Dems get out of that deal? The extension of unemployment benefits. He's a person who actively encourages political hostage taking by caving in every single time.

Frankly, if this had been my negotiation the Planned Parenthood and NPR threats were so nakedly political and designed to be inessential that I would have billions off the table with the GOP as an insult-tax for thinking they could play those games. Not our Democratic party. They gave more away.

The reality is that Obama could emerge from the West Wing tomorrow advocating the repeal of all abortion rights, the abolition of the EPA, tax cuts for everyone, the elimination of Medicare/Medicaid and Social Security and the vast majority of the GOP base still wouldn't like him. He's got to get over the idea that he can win them over and lead public opinion instead of follow it.

All that said, I would love to play poker with the man.

I totally agree, but who are you trying to explain this to? I think anyone with three and a half brain cells that has been following politics at all is aware that the potus will back down from a fight. It's really too bad, because I think there are enough of us out there that would really support him if he drew that line in the sand and demanded some of the things that we care about, and thought he cared about. Instead he is alienating the dems by caving to every demands and like you said repubs will hate him regardless of what he does. A small part of me is going to hold onto hope that the GOP field is really weak and Obama goes into big F U mode in his second term and starts fighting for things.
 
The tax structure is more likely to kill start-ups than the big corporations with lobbyists. I was going to point this out a few days ago, but I'm too lazy to get into any meaningful discussion about it.

And right now what we really need are start-ups that employ people.
 
What was the average price for Insulin back then?

How much was the standard medicine to help control blood pressure and cholesterol?

What about more intensive procedures, such as hip and knee replacement?

I love it when people bring up irrelevant stats while forgetting the real issues that people face currently.

What does any of this have to do with SS? Everything your throwing against the wall is covered by Medicare. Another massive social program to be sure but unrelated to the topic I was discussing which is taking money from people and then paying it back to them once they retire.
 
introducing-charles.jpg

That's what she said...


oh, wait, wut?
 
My step-dad is screwed. He currently works as a contractor for the government at the Pentagon. Poor dude.

How does he ever get by on his 2000% mark-up? I feel for the dude, I really do.
 
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