Read more: http://herit.ag/eEA President Obama is set to let tax rates increase at the end of this year, which will have devastating effects on an economy already on the ropes. Watch this movie trailer spoof to learn more.
source
Click to rate this post!
[Total: 0 Average: 0]
@mistergarth The point of lower taxes (for everyone) isn't just to create jobs, but so that more consumers have money to spend in the economy, rather than it going to an ineffective government that can spend it however it wants, letting social programs suck it all up. There's also the psychological factor of "why make more money, when the government keeps taking a larger stake of it?"
@jetbtkng You are one dense idiot. Using your claims, I could point out that Democrats approved and passed the budgets in 2007, 2008, 2009, 2010. You see, Congress is responsible for the budget. Democrats have been in control since 2007. Again, Obama's own numbers are over at whitehouse dot gov. Then go to cbo dot gov, then go to omb dot gov. Your numbers are the fraud.
Also, your Bush tax cuts numbers are incorrect. More people are unemployed meaning less revenue (taxes) is taken in.
@NCMan28025 they approved the budget but had no control over the bush tax cuts, and u fail to reconize 1.4 trillion added to obama's numbers, & fail to add that debt to bush's regime, your numbers are fraudulent, i gave u the true debt when he left office u cant argue those numbers, see heres your problem u choose to ignore the 1.4 trillion of tax cut bebt that obama inherited, but its real & its debt, & u cant say its obama's debt its bush's debt its the legacy of his tax cut plan…….
@Alvin691 Do you make more than $250,000/yr? Since you're wasting time on YouTube comments, I'm gonna say no. Which means you have no reason to even care about the expiration of Bush's cuts for the rich. Oh, by the way: did you enjoy Obama's tax cuts?
And the people who do make that much aren't investing it in America to make jobs, they're setting up factories in Mexico, China, or India, or screwing people out of money via the markets, so don't bother making that argument either.
@NCMan28025 oh & heres a link for ya, read it and weep
w ww.lafn.org/gvdc/Natl_Debt_Chart.html put the ww's together, it wouldnt let me post it until i seperated the ww's
@jetbtkng You continue to prove you don't know a budget deficit from the National Debt.
@NCMan28025 did u go to the link i gave u, here it is again
w ww.lafn.org/gvdc/Natl_Debt_Chart.html
remember the ww's
i gave u the debt thats what we owe plain & simple, debt kills our country
for people who agree that taxes should still be cut watch this vid
/watch?v=nnt23nPpaDg
@TheBlackLesbian not true out of control spending needs to be reigned in. wow some people just dont get it
@KayEnDub since the current tax cuts have been in effect for over 8 years any increase is a tax hike. economics 101
@TheBlackLesbian then donate more of your money to the goverment then!!
why were the bush tax cut just temporary?
@cliffkemp Obama created this problem a long time BEFORE Bush was president? You were not first in your class, were you?
@ Mal3volution The national agenda is the purview of the President, enabled via Congress.
Taxes now are much lower than they have historically been despite Republican talk points. Oddly, lower than their hero Reagan…… That said fuck Obama. He is a delusional nutbag. However, I am just sayin…… Tax the rich is not something Obama is doin.
@c3section WOW! Never heard that before. Although I've lost some goodies to Mexicans and Chinese, but I’m not going to say that they all the same. You know what I mean?
@HeritageFoundation Yes, brought to you by the Heritage Foundation, a corporate subsidized [ yes, the Koch Brothers are well involved] 'think tank' that earnestly supported Bush II throughout his presidency. Like the American Enterpprise Institute they are unashamed corporate shills who fought against the kind of regulation that would have prevented the economic meltdown of 2008. They said nothing when W. ran 2 wars and the Medicare Part D plan OFF BUDGET.
@Towncrier123
Guess who does make more than $250,000 a year. Oh yeah, your boss, or at least your boss's boss. Guess how he is going to compensate. By firing you. Taxing the rich affects everybody because the rich keep everybody employed, they are the only ones who can afford the infrastructure that gives us so many jobs, but not any more. Now all that money that would have been paid to us has to be processed by thousands of government employees who consume like others but don't produce goods.
@HeritageFoundation I'll explain. Because the government is nearly $15 trillion in debt, and it's irresponsible to not raise taxes on the millionaires and billionaries (who's income and share of the economy as skyrocketed) in a reccession.
BTW, end the propaganda, please.
Everyone should pay higher taxes, the Bush cuts should expire come January. I think people who make over 250,000 a year should be taxed at 39, and 1 million+ at 50%. That could help pay for new, government-funded construction and other services that can put people to work and pump demand into the economy.
I LOVE WATCHING THE REPUBLICANS FAILING. I REJOICE THAT CANTOR IS DONE. KEEP DIVIDING THE REPUBLICAN PARTY. THIS IS HILARIOUS!