It looks like you're using an Ad Blocker.

Please white-list or disable AboveTopSecret.com in your ad-blocking tool.

Thank you.

 

Some features of ATS will be disabled while you continue to use an ad-blocker.

 

Obama to propose $1.5 trillion in new tax revenue

page: 2
15
<< 1    3 >>

log in

join
share:

posted on Sep, 19 2011 @ 09:31 AM
link   
reply to post by Beavers
 


Thats been nato really and partially the CIA, doubt it was his bright idea




posted on Sep, 19 2011 @ 09:33 AM
link   
reply to post by undo
 


My husband retire back in 98 so when the mess we call now the middle east conflict started we were already out of the military, I remember when the military had it great during the 80s with Regan I was a young wife starting a family then, after him it was Bush, then cuts started with Bush Sr, and spread to the Clinton era, still no so bad, things went down hill after 98. That's what I think.



posted on Sep, 19 2011 @ 09:34 AM
link   
reply to post by marg6043
 


All of it is caused by greed coupled with social engineering, odd bedfellows. Greed in that the bankers ignored sound and obvious economic principals in both Europe and the US to make a ton of cash and get significant power in the government. The government engaging in social engineering to manufacture something that not only does not exist, but will likely never exist. In the case of Europe, a Greek government that would behave with economic responsibility and in the US a family with the income of two baristas who could afford a $500K house.

Social engineering and greed, especially when coupled always have very unfortunate unintended consequences.



posted on Sep, 19 2011 @ 09:38 AM
link   
reply to post by dolphinfan
 


I feel the same, greed is the problem and has been a problem once corporate took over the government, screw the working class in the name of profits, you are right the industrial base will never return to the US, and all those bailouts for the EU central banks is nothing but the wealthiest elite preserving their wealth at the expenses of citizens.



posted on Sep, 19 2011 @ 09:45 AM
link   
i don't think it's greed. i think it's a plan, one that started in earnest, during the cold war, and just has gotten progressively worse ever since, although it had been around since the start of communism. this is a vicious cycle, it works like this:

1. install sympathetic professors in the all the schools of higher learning, so they can influence new generations.

2. create voters by allowing illegal citizens from socialist countries to use all the same services as the rest of the population

3. gradually increase the size of government till working for living doesn't look much different financially, as not working for a living.

4. at the same time, fee, fine, and tax the hell out of small businesses, so they can't open or stay afloat. no jobs means more socialism. bigger government.

5. make it so there's an unequal trade between the country and foreign nations, so much so that even large businesses start leaving in order to keep their doors open.

6. deliberately institute programs to steal as much money as possible from people who have any left to steal, , including various types of ponzi schemes and housing giveaways, so that when the bubble pops, it sends the economy into a tailspin

7. blame the whole thing on capitalism
edit on 19-9-2011 by undo because: (no reason given)



posted on Sep, 19 2011 @ 10:07 AM
link   
reply to post by undo
 


I find your points difficult to disagree with. Since the Roman era throughout all periods until the present day, government has sought to create a powerless majority fooled into thinking that they needed the government to survive. That majority, stripped of initiative and spirit continue to support the government. It is, afterall the government that feeds, clothes and shelters them. This country was founded on a belief system that ran counter to that and it has taken but a few hundred years to destroy that model and create yet another society of rulers and surfs, with surfs bringing the fruits of their labor to the government to beg for government handouts for their most basic of needs. It is hard to not see that the current confiscatory tax policy is no different than bringing half of your wheat crop to the king or pharoh each harvest - it is exactly the same thing. That is what governments do. They do it because it is far more difficult to lead on the power of your ideas and ideals than it is to subjugate. The bias of all governments is to subjugate

This is why it is called the American Experiment and why this next election is the most important in modern history. We can either vote for Obama and accept the outcome of large and imperial government which has shown itself to be a soul killing monster regardless of the actual form of the government/society or reject the progressive idiocy being touted by Obama. Either way, the socialist, progressive agenda will ultimately win. The government is close to creating the majority dependant class they have sought to create for decades (likely since Wilson was President).

All we can do is push it out a few decades, but we will cross the Rubicon if we don't stop it in its tracks in 2012.



posted on Sep, 19 2011 @ 10:33 AM
link   
The GOP/Tea Party refusal to raise taxes on the wealthy will undoubtably lead to their demise in the next election. The writing is on the wall and all of the credible polls clearly reflect this reality.

You can call the corporate elite "Job Creators" till the cows come home but it doesn't make it true. In reality, they're nothing more than "profit creators" and they will let nothing get between them and their profits. Since this recession began, it's seems that we're constantly hearing of record corporate profits year after year and despite all this, where are the jobs? Give them back more of their money and they'll create more jobs, yeah right! They are only job creators if you count all the jobs they're creating in China.

To Marg6043, I would emphasize the fact that you're husband experienced "good treatment" as a marine right up until privatization got a foothold in our military affairs, after that it was a downhill roller coaster ride. I just watched a documentary last night in which commercial airline pilots were testifying that they too, qualified and received food stamps while fully employed as a pilot of very large airline companies. I don't know about you, but I can't feel too comfortable as an airline passenger, knowing that my pilot is on food stamps. (remember the commuter crash where the cockpit recorder revealed that, at the time of the crash, the pilot and co-pilot were discussing how underpaid they were?)
articles.nydailynews.com...



WASHINGTON - Passengers aboard doomed Flight 3407 trusted their lives to a pilot who lied about his flying record and a sleep-deprived, young co-pilot who got paid just $16,000 a year, airline and federal officials said Wednesday.

After reviewing the litany of screwups by the crew and its employer Colgan Air Inc., acting National Transportation Safety Board Chairman Mark Rosenker said all appeared guilty of "cutting the salami too thin on being fit to fly."

The 45 passengers and two other crew members on the Bombardier Dash 8-Q400 twin turboprop that went down on approach to Buffalo last Feb. 12 were "entitled to an extremely well-qualified and fit" air crew - but they didn't get it, Rosenker said.


Corporations are NOT people! Corporations "PREY" on people and exploit them for profit! The sole purpose of a corporation is to generate profits for it's shareholders on a year after basis, more often than not, at the expense of the needs of real "PEOPLE." I challenge anyone to find the terms "corporation" and/or "shareholder" in the U.S. Constitution and show me just what protections are provided for them therein.

I hear a lot of right wing conservatives of the GOP/Tea Party constantly throwing the term "socialism" around like they had an inkling of what the term means. FYI, Socialism is when the government controls the means of production but that's not at all the problem we're facing. The real problem that we now have is that corporations, (production) now controls our government which is quite the opposite of socialism, I think they call it fascism.

You want a government that's representative of it's people? If I were Obama, I'd promote a "lobbying tax" that mandated $10,000 in taxes be paid for every single dollar spent on lobbying elected officials. If we want our government back, the first step has to be eliminating professional lobbyist. I don't know of a single "PERSON" who can afford one yet their influence now drowns out any thought of an individual's right to redress their government.

Ya'll just think that Obama is bad but in reality, you should be thankful that some of us who are more progressive don't have the reins. Personally, I'd be more that happy to raise the taxes on the uber elite right through the roof, then as they continued to export our jobs and economic base, I'd tax the living piss out of their products manufactured overseas and imported here for sale. I'd literaly force corporations to sell their products in the same economy they were produced in, or tax them heavily to offset the difference. I'd love to see them attempt to sell tennis shoes in China for $200 while they pay the workers manufacturing them pennies per day.



posted on Sep, 19 2011 @ 10:41 AM
link   
reply to post by Flatfish
 


Actually during my time as a Marine wife I worked for the family services in the military base, so I know that food stamps even during the late 80s and early 90s were part of the military family, the reason my husband and I were doing better was due to my husband higher rank and most people having hardship were very large families and lower ranking.

Still family services always took care of this families.

After my husband retirement things started to get worst but that was due to all the military cuts during the 90s that started to pile up at the end of the decade.



posted on Sep, 19 2011 @ 10:55 AM
link   

Originally posted by marg6043
reply to post by Flatfish
 


Actually during my time as a Marine wife I worked for the family services in the military base, so I know that food stamps even during the late 80s and early 90s were part of the military family, the reason my husband and I were doing better was due to my husband higher rank and most people having hardship were very large families and lower ranking.

Still family services always took care of this families.

After my husband retirement things started to get worst but that was due to all the military cuts during the 90s that started to pile up at the end of the decade.



Yeah, and while they were cutting "military spending," they were increasing the spending level for private contractors. Private contractors are in it for the "profit" and not for "country." I fully expect to hear sometime in the near future that the Supreme Court has determined that "Profits" are "People" too.



posted on Sep, 19 2011 @ 12:07 PM
link   
reply to post by Flatfish
 


Your argument is the same, old tired, democrat talking point.

When speaking about the "rich" you must know that the vast majority of "rich" people in this country are small business owners, not "corporatists". There are 10,000 family businesses that bring home over $250K/year than Jeffery Immelts or hedge fund managers. I guess you want to hammer the gent in your town who runs the local plumbing supply store in a third generation business. You probably hate Walmart and Home Depot and the other big box chains because they put that gent out of business - yet it is those tax policies that put him out of business.

Every time the left articulates their confiscatory tax policies, they tout out the gent with the Lear jet and the house in Vail. The average millionaire is the gent down the street who drives a Toyota Camry or Ford F150. Lets hammer that family. The parody of the "rich" by the left is absolute disengenuous - it works though, because millions of folks buy into it. Every time these tax the rich policies actually get analyzed, who is "rich" is nowhere as rich as the left describe as they talk about the Paris Hiltons of the world. The rich will ultimately be the single person making over $125K/year. The engineer, senior programmer, network analyst, CPA all become "rich". Obviously a family consisting of two of these middle class professionals who bring in over $250K/year are "rich". They need to pay their "fair share". The threshold for who gets higher taxes has to drop. Why? Because the numbers don't work otherwise. The left wants to describe these policies as economic solutions when in fact they are social programs. The other reason the threshold needs to be lowered is because the rich simply stop producing. At some level of taxation, it makes no sense to continue to work. A family with two people working, one making $200K and one making $75K, can easily take a look at their marginal tax rate and decide that it is better for the person making $75K to not work. When tax rates go up, tax receipts go down. History shows that to be the case. Calling tax receipts "revenue" is the same thing as calling the cash taken in a robbery revenue. The government has no ability to generate revenue and when taxes go up that "revenue" will go down - it always does.

Lets at least be honest. "We want to raise taxes on these people and give money to other people who don't have as much money because we feel that the government should work to equalize wealth in society". Fine, thats a legitimate philosophy. If its so compelling, why is the left never honest about it?

As far as corporations go, tax rates are too high (among the highest in the world) and loop holes too great and frequent. An absolute flat tax with no exception on corporations that are far lower would be revenue neutral and fairer. Why don't we have that? Because the government wishes to exercise their power and buy influence by picking winners and losers.

The class warfare game is pure politics. Its divisive, it kills jobs which predominately come from "rich" small business owners and it absolutely is not an economic policy.



posted on Sep, 19 2011 @ 12:29 PM
link   
This has no chance of passing, of course this idiot knows this already. All he's trying to do is stall for time. The country has already hit terminal velocity.

He has no plan for jobs because he's not willing to end the free trade agreements and fight for things that will encourage legitimate job growth, and his banker handlers aren't going to allow anything to be signed that jeopardizes their position.



posted on Sep, 19 2011 @ 12:50 PM
link   
Tax brakes for the rich are not creating jobs in the US nobody can deny that Bushes tax cuts to the rich are creating any jobs.

The very wealthy in the nation are doing what they do best with all the money that they can afford to pay for accountants, investment firms and have the best of the best to milk the system.

What can you expect in a government that house many wealthy Republicans and Democrats members in congress, laws that will benefits their pockets and those that they regard as their funders.

Many of this people gets from deductions, exclusions and exemptions.

Many companies (no small business owner) pays minimal or not taxes, while benefiting their executives (CEOs) and their shareholders.

With all the tax brakes many of this wealthiest in the nation (like Buffett) has invested oversea, hold oversea accounts to evade US taxes and many of the fortune 500 has created dozens of jobs oversea barely none in the US.

You can not call jobs to the ones that are from small businesses, that can not afford to move oversea in service industries paying minimum wages that would not take people off welfare.

Still many cities industrial building lie broken, empty and showing that America is just gone down the hill when it comes to supporting the middle class.

We are now a growing working poor.

But those in the top elite in power are reaping record profits with their off shores accounts and off shore businesses.

Those are the ones that do not deserve any tax brakes.

Then to add more injury to the wound, they dare to get congress to keep approving H1B visas to bring foreign workers into their US headquarters.

These businesses should be hang high.



posted on Sep, 19 2011 @ 03:28 PM
link   
stimulus 1.0 787 billion dollars
stimulus 2,0 535 billion dollars

raising the debt ceiling limit by 2.5 trillion dollars

"raising taxes to the tune of 1.5 trillion"

time to revooke the government credit card

who is that guy kidding seriously



posted on Sep, 19 2011 @ 03:39 PM
link   
Good, the rich need higher taxes. Their tax rates are a lie, when there are so many loopholes that let them pay little to nothing. The little man won't have his taxes raised with this bill. That's a good thing. All of you who are saying this is bad, run back to your corporate overlords.



posted on Sep, 19 2011 @ 03:40 PM
link   

Originally posted by neo96
stimulus 1.0 787 billion dollars
stimulus 2,0 535 billion dollars

raising the debt ceiling limit by 2.5 trillion dollars

"raising taxes to the tune of 1.5 trillion"

time to revoke the government credit card

who is that guy kidding seriously

So we're taking back the money we gave to the corporate elite. GOOD.



posted on Sep, 19 2011 @ 03:43 PM
link   
reply to post by Ghost375
 


nope he and his supporters bailed out the union buddies.

any of it trickle down to you?

didnt think so



posted on Sep, 19 2011 @ 03:43 PM
link   

Originally posted by dolphinfan
reply to post by Flatfish
 


Your argument is the same, old tired, republican talking point.

Now it applies to what you said.
You're wrong...
We're talking about the need to raise taxes on the 1% of Americans who hold 70% of the wealth. At least that's what I'm talking about.



posted on Sep, 19 2011 @ 03:46 PM
link   
reply to post by neo96
 


The money didn't go to his union buddies. It went to the banking/corporate elite.
And I was saying that I didn't receive any bailout or stimulus money and that the average american didn't see any of it...
I don't know why you thought I implied otherwise.
edit on 19-9-2011 by Ghost375 because: (no reason given)



posted on Sep, 19 2011 @ 04:44 PM
link   
This is actually a brilliant move by the Obama administration, we can join the many successful societies throughout history that have taxed themselves into prosperity!
I mean let's look at the list... oh wait... there aren't any? Never mind.



posted on Sep, 19 2011 @ 05:07 PM
link   
reply to post by dolphinfan
 


Talk about putting forth the same old tired argument, did you read what you wrote? If your argument has even one ounce of truth in it, answer me this; Where the hell are all of the jobs that these so called "job creators" were supposed to create in response to the Bush tax cuts? I can tell you right now, that you need not look any farther than China. I don't think that anyone is really targeting the income brackets you're speaking of in your argument and the source article itself states;



Still, in calling for sizable tax revenue, Obama gave the congressional joint committee a choice: It could generate $1.5 trillion in new revenues through an overhaul of the tax code, or it could adopt his recommendations, most of them ideas recycled from his previous budget proposals, which were largely ignored by Congress.


According to this statement, it looks to me like a tax code overhaul is exactly what they're looking for.

Anyway, the Clinton era tax rates didn't kill them then and it won't kill them now. I would still promote a corporate lobbying tax like I spoke of earlier in this thread. I can only see two possible outcomes with a lobbying tax, either we balance our budget and pay off our debts or we get something even better, a government that answers to it's "People" and not "Corporations."



new topics

top topics



 
15
<< 1    3 >>

log in

join