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BzaDem (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 10:21 PM Original message |
Why Obama is postponing the tax increases for the wealthy |
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Sarah Ibarruri (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 10:24 PM Response to Original message |
1. ? |
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Jennicut (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 10:26 PM Response to Reply #1 |
3. Simplified, raising taxes when you are near a depression can be bad |
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BzaDem (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 10:31 PM Response to Reply #3 |
7. Edited to clarify. |
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w4rma (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 11:06 PM Response to Reply #3 |
17. How much less money are a few super-wealthy people going to spend in America |
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roguevalley (1000+ posts) Send PM | Profile | Ignore | Mon Nov-24-08 03:31 PM Response to Reply #3 |
29. seems counter intuitive that expecting rich bitches to spend their |
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Sarah Ibarruri (1000+ posts) Send PM | Profile | Ignore | Mon Nov-24-08 09:11 PM Response to Reply #3 |
30. Okay, that I understand. However, the rich just have their money idle. For example.... |
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Jennicut (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 10:24 PM Response to Original message |
2. Yup. The economy is so bad right now I want to cry. |
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mrreowwr_kittty (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 10:26 PM Response to Original message |
4. But I don't see how raising taxes on the wealthy |
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BzaDem (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 10:29 PM Response to Reply #4 |
5. Because the wealthy pay much more in taxes. |
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meow2u3 (1000+ posts) Send PM | Profile | Ignore | Mon Nov-24-08 10:06 AM Response to Reply #5 |
27. That's becaue the wealthy SHOULD pay more |
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Tuesday Afternoon (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 10:30 PM Response to Original message |
6. question has been answered. |
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BzaDem (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 10:32 PM Response to Reply #6 |
8. They won't "quit" consuming, but consumption will be lowered |
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Tuesday Afternoon (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 10:35 PM Response to Reply #8 |
10. sounds like more of the same... |
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Raineyb (1000+ posts) Send PM | Profile | Ignore | Mon Nov-24-08 08:57 AM Response to Reply #8 |
24. It's these tax cuts which is part of the reason we're in the shitter now |
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marybourg (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 10:35 PM Response to Original message |
9. Do the wealthy really spend every last one of their dollars? |
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BzaDem (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 10:41 PM Response to Reply #9 |
13. Not every one, but part of each dollar |
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kwenu (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 10:38 PM Response to Original message |
11. Great economic explanation but I beleive the campaign pledge was to let them expire. |
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ben_meyers (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 10:40 PM Response to Original message |
12. So if keeping taxes low or even cutting them stimulates the |
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BzaDem (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 10:46 PM Response to Reply #12 |
15. It depends on what the government does with the revenue. |
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gravity (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 11:13 PM Response to Reply #12 |
18. Raising taxes doesn't destroy wealth |
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liberalmuse (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 10:45 PM Response to Original message |
14. Also, if people remember, he really hasn't changed his position on this. |
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coalition_unwilling (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 11:02 PM Response to Original message |
16. I agree with the general tenor of your |
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RoyGBiv (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 11:59 PM Response to Original message |
19. K&R |
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rockymountaindem (1000+ posts) Send PM | Profile | Ignore | Mon Nov-24-08 12:03 AM Response to Original message |
20. As much as I wish those ridiculous tax cuts would go away... |
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w4rma (1000+ posts) Send PM | Profile | Ignore | Mon Nov-24-08 12:40 AM Response to Reply #20 |
21. Except the tax rates need to be reset to before Reagan, not just Bush Jr. (nt) |
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Raineyb (1000+ posts) Send PM | Profile | Ignore | Mon Nov-24-08 09:00 AM Response to Reply #21 |
25. Exactly! |
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paulk (1000+ posts) Send PM | Profile | Ignore | Mon Nov-24-08 10:24 AM Response to Reply #20 |
28. I agree - one of the things that hurt the Clinton admin early on |
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anonymous171 (1000+ posts) Send PM | Profile | Ignore | Mon Nov-24-08 01:15 AM Response to Original message |
22. I thought he might have to do this. |
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unblock (1000+ posts) Send PM | Profile | Ignore | Mon Nov-24-08 06:21 AM Response to Original message |
23. when discussing tax rates, it is always facile to focus on direction and ignore level |
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meow2u3 (1000+ posts) Send PM | Profile | Ignore | Mon Nov-24-08 10:03 AM Response to Original message |
26. AFAIC, Obama can postpone the hike in the tax rates for the wealthy |
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ddeclue (1000+ posts) Send PM | Profile | Ignore | Mon Nov-24-08 09:18 PM Response to Original message |
31. Because your formula leaves out politics. |
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