Krauthammer blows up Obama and the FOLLY of "The Buffett Rule"

Since when is economic discrimination not legal or socially acceptable under any form of capitalism or our republican form of government which includes rights in private property?

 

Ok. Let's start with our War on Drugs and curb more sociable spending after that.

 

THANK YOU. Welfare's had more success than the DEA but you try and talk sense into people about that agency and they clutch their pearls and faint.

 

That's just it.

Our exalted overlords forever pander and pimp this notion of "equality" and "equal protections under the law".....
Yet peer into an individuals bank account and immediately throw all that out the window.

 

I think since both sides control roughly the same amount of political power the only way to cut spending is equally across the board.

Meaning that we cut the same amount from every department of the federal government.

 

The tax cheat Buffett rule would run the government for about 11 hours...LOL.
How about we cut spending and government in half?

 

We have the highest corporate tax rate in the world, that doesn't create jobs.

 

Yes, but dig a little and you'll find that it doesn't apply to the majority of them that have a single office here. That's the joke.

 

Since no one really understands the current tax code why not have a single tax rate for every individual and corporation with no exemptions for anything?

 

Highest Corporate Tax rate in the world doesn't apply to the companies that have offices in the US? Then why have the tax?

Think about that for a moment. Perhaps that is a major reason why they don't have an office here.

 

Successes gleaned from class warfare narratives...
are inversely proportional to the simplicity of the tax code.

 

Tax cheat? You know better than that. Back to lying again are we?

 

Our corporations pay among the lowest tax rates in the industrialized world. That hasn't created jobs.

 

Like liberals spend way too much of our money on junk? GSA is a fine example, then there is Head Start.

This is what I have a problem with, is this acceptable to you when they want to take more of what you earn? Is it? This is what we get for $9.2 billion dollars?

That's what they say anyway. Please go to the OIG report in the first quote and scroll down to the photos. After observing the photos and reading the report I think a full financial audit of the Head Start program is in order.

The Buffett rule wouldn't even cover half of what's wasted on Head Start alone.

 

Why not simply cut that entitlement spending as the boondoggle and generational form of theft that it is?

 

Many folks don't want to live in a society where hordes of our elderly are living under freeway overpasses begging at stoplights.

 

Wrong, among the highest if not the highest.

 

I didn't see who proposed that. Please enlighten me.

 

It really doesn't matter what the top or bottom marginal tax rates are. Historically the government has never taken more than 17-18% of the GDP in revenues. You want more revenue...grow the economy....increasing tax rates has never increased the governments share the fiscal pie.

http://www.zerohedge.com/news/real-tax-rate-conundrum

 

You've been deceived by conservative propaganda. It happens when your worldview is based upon Murdoch media outlets.

 

It was 20.4% in 2000, the year the Govt ran a surplus.

And not by coincidence.

 

If the revenue is so small, why are conservatives so rabidly opposing it? One cannot argue on the one hand that this is an onerous tax on the "job-creators" while at the same time saying it will only yield a few billion in revenue. It doesn't make sense. Either it's going to raise a lot of revenue and be a burden to "job-creators" or it's going to be an insignificant token gesture. You can't have it both ways.

 

Excellent point.

Millionaires and billionaires garner about 15% of the nation's income, according to CBO data cited above. That represents almost $2 trillion of the nations $13 trillion gross national income.

The supposed $5 billion increase in tax revenues would be just .25%, that is 1/4 of 1%, of their income.

Yet, despite the fact that their taxes are the lowest in decades, and despite the fact that the nation is struggling with too much debt and deficits, we see the uber-rich class warfare crowd here having an absolute conniption about this tax, which their bribed servants in Congress decisively moved to shut down.

Doesn't make a lot of sense. Except if you look at it from the perspective that seems to be dominant: For most of the very rich, you can never have too much, regardless of the effect to others or the country.

What amazes me is how many Americans put up with it. Our Govt is simply too corrupted by bribery from the wealthiest, is my suspicion.

 

fine with me.

 

The conservative position makes sense if they're simply pulling projections out of their ass to spin the public debate against a tax that will actually raise a lot of revenue. We have to keep in mind that the conservatives aren't just about giving money to the rich, they're also about decimating the government's ability to operate.