Obama: Winning the future through higher taxes

[Rob377]

WE need to fix this. And by WE, I mean you. FFS.

 

[steveh_131]

:-( Im with you, but as a nation... there is a we. What affects one affects another. The country as a whole needs a wakeup call. The only way that will happen is if we are... how do you say this.. made to feel uncomfortable? Most people get so used to being complacent and are very happy to just "ride the wave". Well when you do that things happen without you. (not you but you as in people). It's not fair but society MUST pull up the bootstraps and go to work. We have to cut programs, spending, and raise some taxes or else I don't see an end to it. Even if it wasn't YOUR fault, OR mine the only way I see a realistic solution is one that affects rich and poor alike... and it needs to be a little tighter, and hopefully more people of your opinion can help by voting and making a difference for OUR future.

Thanks,
Matthew

If this is how you feel, you are more than welcome to start by paying some extra taxes this year.

 

[awatarius]

If this is how you feel, you are more than welcome to start by paying some extra taxes this year.

Hello,

Yes sir, and likely I will. As much as that sucks I am prepared to do so. There were many bipartisan panels that said we needed to do all these things.. Please how can we fix it without bringing in more money, and spending less at the same time? That debt number... its HUGE.

Thanks,
Matthew

 

[Plinker]

I'm willing to pay a slightly higher rate for taxes IF AND ONLY IF there are drastic reductions in spending. I'm talking a true, non-fuzzy math $600B cuts (at least) with laws put into place to ensure that the annual budget does not exceed a certain % of GDP (I'm not sure of that %, maybe 5%). Oh, and everyone better pay their damn share, including the lower 50% that get more back in tax 'returns' than they pay in. We must get this deficit under control in our generation.

 

[steveh_131]

Hello,

Yes sir, and likely I will. As much as that sucks I am prepared to do so. There were many bipartisan panels that said we needed to do all these things.. Please how can we fix it without bringing in more money, and spending less at the same time? That debt number... its HUGE.

Thanks,
Matthew

You're going to pay extra taxes?



Really?

No, seriously, you're going to pay extra taxes?

 

[awatarius]

You're going to pay extra taxes?



Really?

No, seriously, you're going to pay extra taxes?

Hello,

I think we all could see a small spike soon yes.. If I was asked to pay more I would. I think they need to do what Plinker said right above. You know it used to be in this country that if we wanted a War we had a war tax, and if we wanted something out of the ordinary we had a TEMPORARY tax to pay for it. That way if you wanted something done you damn well made sure you had money for it, and the people were ok paying for it. Set the GDP rate, force a balanced budget, and temporarily raise taxes to get us where we need to be. Yes I would pay a little more to see that happen.

Thanks,
MAtthew

 

[steveh_131]

I think we all could see a small spike soon yes.. If I was asked to pay more I would. I think they need to do what Plinker said right above. You know it used to be in this country that if we wanted a War we had a war tax, and if we wanted something out of the ordinary we had a TEMPORARY tax to pay for it. That way if you wanted something done you damn well made sure you had money for it, and the people were ok paying for it. Set the GDP rate, force a balanced budget, and temporarily raise taxes to get us where we need to be. Yes I would pay a little more to see that happen.

That's definitely not what I am talking about.

There's a definite trend in this society where people think something should be done and somebody needs to pay for it. That "somebody" inevitably turns out to be "the rich".

If YOU believe that we all need to pay more taxes to solve this problem, then you should take the first step and cut a check to Uncle Sam, on top of what you already owe. Set an example. That doesn't mean encourage the government to force me to pay extra taxes as well as you.

 

[rambone]

Set the GDP rate, force a balanced budget, and temporarily raise taxes to get us where we need to be. Yes I would pay a little more to see that happen.

There is no such thing as a temporary tax increase.

 

[Plinker]

There is no such thing as a temporary tax increase.

True that. Those of us in Fort Wayne and Allen County can attest to this statement.

 

[Rob377]

Hello,

I think we all could see a small spike soon yes.. If I was asked to pay more I would. I think they need to do what Plinker said right above. You know it used to be in this country that if we wanted a War we had a war tax, and if we wanted something out of the ordinary we had a TEMPORARY tax to pay for it. That way if you wanted something done you damn well made sure you had money for it, and the people were ok paying for it. Set the GDP rate, force a balanced budget, and temporarily raise taxes to get us where we need to be. Yes I would pay a little more to see that happen.

Thanks,
MAtthew

And you can!
Government - Gift Contributions to Reduce Debt Held by the Public

How do you make a contribution to reduce the debt?

There are two ways for you to make a contribution to reduce the debt:

You can make a contribution online either by credit card, checking or savings account at Pay.gov
You can write a check payable to the Bureau of the Public Debt, and in the memo section, notate that it's a Gift to reduce the Debt Held by the Public. Mail your check to:

Attn Dept G
Bureau of the Public Debt
P. O. Box 2188
Parkersburg, WV 26106-2188

 

[88GT]

The R's won't be able to help themselves. The decisions that have to be made will not be popular among the "government benefit" addicted. And they will have willing accomplices in the media and among the progressives to demonize the mean old, draconian, racist, homophobic, children starving, grandma killing, old white men. They won't be able to take the heat, I'm afraid, and will melt faster than an ice cream cone on an August day.

What did you do to get so much neg rep? Weren't you in the green just the other day?

If the GOP caves in, they may as well disband.

Well, then I wish they'd hurry the hell up. The entrenchment is a big part of the problem because it's created an historical bias for one single party and against the other single party. All those SS-collecting blue hairs driving their big Buicks and Cadilacs probably don't really agree with the current platform of the Republican party. But because it's an "R," they see nothing but what they think it is.

Of course, that works both ways. Lots of union/blue collar types would probably turn green at the idea of having their hard-earned dollars handed over to some inner city, ghetto-dwelling wench with 4 kids by 3 men who ain't never worked a day in her life and didn't intend to [I actually had a prospective tenant tell me those exact words when she came to look at the apartment; needless to say she didn't qualify]. But because they still the Democrat Party as the "working man's party" of 50 years ago, they just keep pulling the lever for 'em. (Yeah, Dad, I'm talking about YOU!!!!)

 

[GodFearinGunTotin]

@88GT apparently, not everybody shares my sense of humor.... Tough crowd, I guess.

 

[GodFearinGunTotin]

"But because they still the Democrat Party as the "working man's party" of 50 years ago, they just keep pulling the lever for 'em. (Yeah, Dad, I'm talking about YOU!!!!)"

My mom asked me several years ago "how did you become such a right winger?". I told her that she and dad taught me to think that way. She was a life long democrat.

 

[ATOMonkey]

So if I had a tomato, an orange, and some egg whites for breakfast, then added a side of bourbon on the rocks, I'd be taking care of my health!?

Hells yes!! I'm sure there are some anti-oxidants in that bourbon somewhere too. That's another plus.

A drink a day keeps the doctor away.

 

[awatarius]

There is no such thing as a temporary tax increase.

Yes of course there "was" such a thing, and should be again. There isn't anymore and in my mind that's how it should be. How else do you pay for unexpected disasters, or War, or anything that takes BILLIONS you didn't plan for? In my mind our Govt shouldn't be a money making business, but it shouldn't be in the hole. Make a budget and stick to it. If you want to do something crazy you better make sure you are willing to pay the political price. Im sorry but everyone that I have read about balancing this thing says a mix has to happen. I just spent all night reading more about it. Every respected finance person says, cut spending and increase some taxes. Im sorry but if we don't do these things the doom and gloom you folks predict may come true.

Thanks,
Matthew

 

[Leo]

If you add your Federal, State, social security, medicare, property, excise, license plate, utility, sales, capital gains, highway and any other tax they may dream up, the government is already taking 62% of your pay anyway. That is a totally correct statement. When making over $100,000 a year, you only get to spend less than $38,000 of it. Been there, done that, ten or twelve years in a row. I kept track of every dime I paid in tax back in the 90's, and that is how it came out. I am sure it is worse now.

Maybe it is time for the socialists to quit giving away money, and make everyone work. We shouldn't have one blade of un mowed grass or one piece of trash laying loose in the whole country. If you want welfare, show up to the work crew at 8:00 AM

In some famous book it is written: "If a man worketh not, neither shall he eat". Sounds right to me.

 

[dross]

Hells yes!! I'm sure there are some anti-oxidants in that bourbon somewhere too. That's another plus.

A drink a day keeps the doctor away.

My doctor must be in Antarctica.

 

[ATOMonkey]

If you add your Federal, State, social security, medicare, property, excise, license plate, utility, sales, capital gains, highway and any other tax they may dream up, the government is already taking 62% of your pay anyway. That is a totally correct statement. When making over $100,000 a year, you only get to spend less than $38,000 of it. Been there, done that, ten or twelve years in a row. I kept track of every dime I paid in tax back in the 90's, and that is how it came out. I am sure it is worse now.

Maybe it is time for the socialists to quit giving away money, and make everyone work. We shouldn't have one blade of un mowed grass or one piece of trash laying loose in the whole country. If you want welfare, show up to the work crew at 8:00 AM

In some famous book it is written: "If a man worketh not, neither shall he eat". Sounds right to me.

I always knew it was north of 50%. I've thought about calcualting it before, but after I got over 30% I just got too depressed to keep going.

 

[drobpk]

I'm willing to pay a slightly higher rate for taxes IF AND ONLY IF there are drastic reductions in spending. I'm talking a true, non-fuzzy math $600B cuts (at least) with laws put into place to ensure that the annual budget does not exceed a certain % of GDP (I'm not sure of that %, maybe 5%). Oh, and everyone better pay their damn share, including the lower 50% that get more back in tax 'returns' than they pay in. We must get this deficit under control in our generation.

I like your post. But here are some statistics using the numbers at www.usdebtclock.org.
Your $600 Billion would be a 17% cut in spending. The current $38 Billion is a cut of 1.08%. Current US spending is $3.5 Trillion. All of our federal revenue is a little less than $2.2 Trillion. Medicare takes up $808 Billion. Social Security takes up $708 Billion. Federal Pensions take up $204 Billion. These combined amount to 78% of the total revenue of the United States.

Having provided all of these statistics, from what I hear, the Fair TAX plan sounds like the best plan to eliminate tax loopholes. This would help close the gap. Nonetheless, a major spending overhaul is needed to save our country. I am not optimistic about what can or will be done.
All I can say is, "God help us". Just my worth.

 

[model67a]

Winning politcal office is decided by what you promise to deliver not actually what you can deliver!!!