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Ending a TEMPORARY Tax Cut is not "Raising Taxes"

Discussion in 'Political Discussion' started by PatriotsReign, Aug 27, 2012.

  1. PatriotsReign

    PatriotsReign PatsFans.com Retired Jersey Club

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    Ok all you dummies who actually think it is.

    So if we end the foolish 2% reduction on social security taxes, it WILL NOT BE a tax increase.

    Same goes for Bush's capital gains tax cuts.

    NEITHER one would be a tax increase because both were TEMPORARY tax cuts.
     
    Last edited: Aug 27, 2012
  2. Mrs.PatsFanInVa

    Mrs.PatsFanInVa PatsFans.com Supporter PatsFans.com Supporter

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    Go tell it to Grover Norquist and all the Republican lawmakers who signed his pledge.

    Grover Norquist: Any Compromise On Bush Tax Cuts Violates My Pledge | TPMDC
     
  3. BrickPat

    BrickPat Third String But Playing on Special Teams

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    It may not be a tax increase but it is the functional equivalent given that we will be paying more taxes than we have since before the 'temporary' cut was enacted.

    The wordplay semantics game is a weak justification anyway. "You're not getting screwed because you were getting screwed just as bad before the cut". That makes it ok...:rolleyes:
     
    Last edited: Aug 27, 2012
  4. patsfan13

    patsfan13 Hall of Fame Poster PatsFans.com Supporter

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    Well it's been temporary for 10 years, so the rate people will play next year if Obama gets his way will be the highest people have paid for 10 years.


    SS is underfunded as it is so the cut in SS taxes is just causing it to go bankrupt sooner.
     
  5. wistahpatsfan

    wistahpatsfan Pro Bowl Player

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    Raise taxes + Reduce spending = Fastest way to reduce deficit.

    I thought that's what Teabaggers were all about?

    Could it be the Hard Right wants to lower the deficit more slowly than possible?
     
  6. wistahpatsfan

    wistahpatsfan Pro Bowl Player

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    If we followed the Teabaggers off the cliff, we'd understand that every time we DON'T impliment a temporary tax cut, we're raising taxes.

    Oooops! We just raised taxes because we ended the Bush tax cuts!

    Oooops! We just did it again by not cutting taxes again today!!

    Oooops! We just did it again!!

    STOP RAISING TAXES!!!!! :eek:
     
  7. Mrs.PatsFanInVa

    Mrs.PatsFanInVa PatsFans.com Supporter PatsFans.com Supporter

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    Are you sure about that, 13? Both of them? 10 years? Really?
     
  8. patsfan13

    patsfan13 Hall of Fame Poster PatsFans.com Supporter

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    Raising marginal rates = less economic growth = less revenue = higher deficits.


    The pubs have proposed lower rates of spending in the House budget. They were rejected by the Reid senate and Obama.
     
  9. patsfan13

    patsfan13 Hall of Fame Poster PatsFans.com Supporter

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    I understand that the SS cut is different that the "Bush Tax Cut".
     
  10. Mrs.PatsFanInVa

    Mrs.PatsFanInVa PatsFans.com Supporter PatsFans.com Supporter

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    Oh good...then you also understand that it's not been "temporary for 10 years" as you tried to pass it off as being, right?
     
  11. patsfan13

    patsfan13 Hall of Fame Poster PatsFans.com Supporter

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    I understand that people have been paying a particular rate for 10 years and Obama is going to have the taxpayers paying a higher rate next year.

    I don't obsess over semantics I look at the bottom line.
     
  12. Mrs.PatsFanInVa

    Mrs.PatsFanInVa PatsFans.com Supporter PatsFans.com Supporter

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    Um, I believe that, in regards to the Bush tax cuts, that Obama would have only the taxpayers who make over $250,000 a year pay a higher rate. I don't know about you, but that doesn't include too many of the taxpayers I know.

    Obama renews call for holding down middle-class tax rates - CNN.com

    You look at whatever part of a story fits your narrow narrative, 13, and pretend the whole truth doesn't exist.
     
  13. Real World

    Real World Moderator Staff Member

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    Long term no, but short term yes, it is. I think that's the problem people are having with letting them expire. Of course, the problem with anything "temporary" in government, is that it becomes an eventual permanent. Look at EBT cards. Does anything think "cutting" those to previous levels will be welcomed by many? Good luck.

    I'd also like to build on your point by saying that "reducing" a planned increase in spending, is not actually "cutting" spending. Cutting spending means spending less next year, than you did this year.
     
  14. RI Patriots fan

    RI Patriots fan Experienced Starter w/First Big Contract

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    This is the difference between a socialist/progressive/communist and let's say a Tea Party member.....they believe that your money is the government's money and that when they take less of it they are giving you a tax..."cut".

    It's my money....not yours....not the government's money. When the government takes more money from me, it's a tax increase because it's my money and not the government's money.
     
  15. Mrs.PatsFanInVa

    Mrs.PatsFanInVa PatsFans.com Supporter PatsFans.com Supporter

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    Mine mine mine (Finding Nemo) - YouTube
     
  16. Real World

    Real World Moderator Staff Member

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    He is absolutely right. The money we earn is indeed ours. It's not anyone else's. The government takes from us. Some people actually believe that the money we earn is not ours. That it is the governments, and therefore the government merely decides how much of their money they will allow us to keep.
     
  17. IcyPatriot

    IcyPatriot Moderator Staff Member PatsFans.com Supporter

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    That's fine ... but seriously ... how many years have we heard a less of an increase be described as a cut from the budget. I think the cut has been here so long it has to be looked at as an increase.
     
  18. patsfan13

    patsfan13 Hall of Fame Poster PatsFans.com Supporter

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    Of course base line budgeting is a scam used by pols to demagogue and avoid really cutting ANYTHING.
     
  19. Hamar

    Hamar In the Starting Line-Up

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    Why didn't Obama get rid of the Bush tax cuts when he had the chance? I don't think he will get rid of them, period. He will do what he wants like always and then just blame the Republicans.

    How does your not knowing many people that make over 250k make any difference? I don't know anyone on welfare, so should my stance be that we should just get rid of welfare?
     
  20. patsfan13

    patsfan13 Hall of Fame Poster PatsFans.com Supporter

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    When you can't run on your record you play the phony class warfare game as Obama is doing.
     

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