*sigh* Bill O'Reilly is right

[Eastoff]

bill o is right, and bachmann is a nutso

 

[ABM]

I agree with others in here who have maintained that we need a (1.5%?, 2%%, or...) national sales tax to be directly applied to the nation debt. That, coupled with a decrease in government spending with periodic verification checkpoints of some kind.

 

[julius]

I agree with others in here who have maintained that we need a (1.5%?, 2%%, or...) national sales tax to be directly applied to the nation debt. That, coupled with a decrease in government spending with periodic verification checkpoints of some kind.

I wonder what the difference would be in a sales tax vs a tax "hike" for those who make over 250K a year. As in, would you spend more in a "sales tax" then you would in the proposed tax increase.

 

[ABM]

I wonder what the difference would be in a sales tax vs a tax "hike" for those who make over 250K a year. As in, would you spend more in a "sales tax" then you would in the proposed tax increase.

The good news about a sales tax is that it's "directly" relative to the spending of those across the economic spectrum.

 

[SlyPokerDog]

I wonder if she has a titanium vagina?

 

[Eastoff]

I wonder what the difference would be in a sales tax vs a tax "hike" for those who make over 250K a year. As in, would you spend more in a "sales tax" then you would in the proposed tax increase.

I know I would, because I don't own a corporate jet or an oil company!

 

[julius]

The good news about a sales tax is that it's "directly" relative to the spending of those across the economic spectrum.

I think it's a more realistic tax. If I had more money coming into my bank account (due to a cut in state and federal income tax) I would more than likely spend more money in the region.

 

[Draco]

I think we should reduce spending to the level of the deficit, then abolish all taxes.

 

[The_Lillard_King]

The good news about a sales tax is that it's "directly" relative to the spending of those across the economic spectrum.

So the single mom cost to feed her kids goes up. Retired people living on social security would can barely pay for prescription medication would have to pay more for their medication.

I like the idea of increasing income tax on those making over $250K over a national sales tax.

 

[BLAZER PROPHET]

I wonder what the difference would be in a sales tax vs a tax "hike" for those who make over 250K a year. As in, would you spend more in a "sales tax" then you would in the proposed tax increase.

You really don't see a difference?

 

[julius]

You really don't see a difference?

I said I wonder what the difference would be, not that I don't see a difference.

 

[maxiep]

So the single mom cost to feed her kids goes up. Retired people living on social security would can barely pay for prescription medication would have to pay more for their medication.

I like the idea of increasing income tax on those making over $250K over a national sales tax.

Let me guess. You make less than $250K annually?

 

[BlayZa]

so you guys currently have no Goods & Services Tax (GST) or VAT etc of any kind?

 

[MARIS61]

I wonder what the difference would be in a sales tax vs a tax "hike" for those who make over 250K a year. As in, would you spend more in a "sales tax" then you would in the proposed tax increase.

Sales tax is a poor people tax, so they are complete opposites.

 

[jlprk]

so you guys currently have no Goods & Services Tax (GST) or VAT etc of any kind?

Nope. Rich conservatives control the country, and rich people have made it terminally ill with low taxes on them. They feel entitled to wealth and look down on the other 98% from whom they make their money.

I share the Republicans sense of emergency, but unlike them, I blame them. I don't think we can come out of this. Most of the cuts would have to come from the top 2%, since they have 70% of the wealth.

See, governments like yours (New Zealand) subsidize many services. The US doesn't. You can easily find fat to cut, but we can't. The US has chosen to put its money into military and espionage might, not into the needs of the people. The only things left to cut, the cuts Republicans want, will kill or shorten the lives of almost all of us.

I realize that it's astounding to the rest of the world how stupidly the US economy is run. You have to stretch your imagination. We live like cavemen compared to your relative utopias. Greece is rioting over slightly cutting services that we can only dream of having. We aren't even close. But we sure have the leading military and spies.

 

[BrianFromWA]

See, governments like yours (New Zealand) subsidize many services. The US doesn't. You can easily find fat to cut, but we can't. The US has chosen to put its money into military and espionage might, not into the needs of the people. The only things left to cut, the cuts Republicans want, will kill or shorten the lives of almost all of us.

That's a pleasant fiction. I'd be interested in your analysis of Chart II on this page (wish I could link the chart).

 

[BLAZER PROPHET]

I said I wonder what the difference would be, not that I don't see a difference.

Ah, quite right.

Carry on.

 

[julius]

Let me guess. You make less than $250K annually?

I would bet most of us here make less than 250k a year. Maybe I'm wrong

 

[Mediocre Man]

I make less than 250k, and I strongly support a national sales tax.

 

[tlongII]

I would also support a national sales tax. And I make less than $250K too. Just barely...

 

[3RA1N1AC]

drug dealers make alot of money, but pay no taxes, might as well tax them on their diamond encrusted hot rods

 

[BrianFromWA]

"(drug dealers) make a lot of money, but we spend a lot of money, too"

 

[3RA1N1AC]

That's a pleasant fiction. I'd be interested in your analysis of Chart II on this page (wish I could link the chart).

im not sure what you are trying to say here...that we dont spend alot on defense?

1 $928.5 billion in defense spending
2 $898 billion in health care expenditures
3 $787.6 billion in pensions
4 $464.6 billion in welfare spending
5 $250.7 billion on interest payments
6 $151.4 billion in other spending including basic research
7 $140.9 billion for education
8 $104.2 billion for transportation
9 $57.3 billion in protective services such as police, fire, law courts
10 $29 billion in general government expenses

 

[Denny Crane]

im not sure what you are trying to say here...that we dont spend alot on defense?

1 $928.5 billion in defense spending
2 $898 billion in health care expenditures
3 $787.6 billion in pensions
4 $464.6 billion in welfare spending
5 $250.7 billion on interest payments
6 $151.4 billion in other spending including basic research
7 $140.9 billion for education
8 $104.2 billion for transportation
9 $57.3 billion in protective services such as police, fire, law courts
10 $29 billion in general government expenses

Other mandatory, defense, and discretionary spending add up to only slightly more than the deficit. What's left to cut?

 

[3RA1N1AC]

Other mandatory, defense, and discretionary spending add up to only slightly more than the deficit. What's left to cut?

huh? are you saying we should wipe out the deficit in one year?

 

[ABM]

"(drug dealers) make a lot of money, but we spend a lot of money, too"

LOL. Was that Sprewell?

 

[Mediocre Man]

LOL. Was that Sprewell?

Ewing

 

[STOMP]

So the single mom cost to feed her kids goes up. Retired people living on social security would can barely pay for prescription medication would have to pay more for their medication.

I like the idea of increasing income tax on those making over $250K over a national sales tax.

So do a decided majority of Americans. Polls have consistently favored raising taxes on the rich (or just letting the "Bush" tax cuts expire)/returning the income tax levels to where they'd been, closing tax loopholes, AND cutting spending. But our government officials on both sides of the aisle are bought and paid for by the same rich people, so understandably thats been off the table. So has cutting military spending.

are americans for raising taxes to pay off the deficit?

are americans for cutting military spending?

STOMP

 

[ABM]

Ewing

Ahhh, yes. Who said, "Who's gonna feed my family?"

 

[Mediocre Man]

"I've got to feed my family" was the one and only Sprewell