US Presidential Elections 2012 (22 Viewers)

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Trequartista

Trequartista

Fuoriclasse
Thread Starter #241
Jul 1, 2010
26,352
  • Thread Starter
    • Thread Starter #241
    Linebreak said:
    A flat rate is good as long as the cut-off doesn't hurt those not so well off. The problem is the well off will always find a way to legally avoid tax no matter what you do so you end up only taxing the middle and lower classes.
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    By flattening the tax rate, you're basically removing all loopholes and deductions, which the rich exploit to pay less taxes.

    Tax havens is another problem though, but that can be fought.
     

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    Linebreak

    Senior Member
    #242
    Sep 18, 2009
    16,022
    #242
    Spam said:
    Yeah, a lot actually.

    Basically Israel is our only true ally over there, which is why we are always so steadfast in supporting them because they don't despise us like a lot do (apparently :D)
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    Interesting. It's funny because there's no real financial benefit that I can see. The US makes a lot more from the Oil Rich nations out that way.

    ---------- Post added 04.09.2012 at 14:45 ----------
    Spam said:
    I love Europe and all.. Nice castles, an occasional pretty girl and of course...german beer. :D

    But, I will take free market capitalism over socialism and entitlements any day of the week.
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    Over indulgence in this is what led to the GFC.

    ---------- Post added 04.09.2012 at 14:45 ----------
    Trequartista said:
    By flattening the tax rate, you're basically removing all loopholes and deductions, which the rich exploit to pay less taxes.

    Tax havens is another problem though, but that can be fought.
    Click to expand...
    I like.
     
    Hust

    Hust

    Senior Member
    Hustini
    #243
    May 29, 2005
    93,703
    #243
    Linebreak said:
    A flat rate is good as long as the cut-off doesn't hurt those not so well off. The problem is the well off will always find a way to legally avoid tax no matter what you do so you end up only taxing the middle and lower classes.
    Click to expand...
    The majority of the people that don't pay taxes here are those who aren't well off. So, yeah, I agree. But I hate to throw those people under the bus with a generalization but the handouts are far too easy...they have no incentive to try and work.

    Obama has cut all regulations for welfare. When I was laid off...I had to show (when on unemployment) that I was actively applying to jobs, collecting supervisors names I would speak too just to show the government I was "trying". Obama took those kinds of regulations out. Its sad, but there is no policies in place to catch anyone milking the system anymore.

    ---------- Post added 04.09.2012 at 00:47 ----------
    Linebreak said:
    Interesting. It's funny because there's no real financial benefit that I can see. The US makes a lot more from the Oil Rich nations out that way.

    ---------- Post added 04.09.2012 at 14:45 ----------



    Over indulgence in this is what led to the GFC.

    ---------- Post added 04.09.2012 at 14:45 ----------



    I like.
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    Israel: gives us a reason "to be there", essentially.

    Free-Market Cap: Elaborate. ^
     
    Hust

    Hust

    Senior Member
    Hustini
    #245
    May 29, 2005
    93,703
    #245
    Trequartista said:
    By flattening the tax rate, you're basically removing all loopholes and deductions, which the rich exploit to pay less taxes.

    Tax havens is another problem though, but that can be fought.
    Click to expand...
    A flat tax rate, or pretty close to it, is what is needed IMO.

    ---------- Post added 04.09.2012 at 00:50 ----------
    Trequartista said:
    It depends. In the USA, the housing bubble was mainly caused by Fannie and Freddie's intervention in the housing market(government intervention in the economy).
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    When you give people that can't afford a house...and do it over and over again, that's when you start having problems.

    I will post an article that I was reading today. Basically, what it is, is when Obama was in Illinois back in the late 90's as an attorney, he faught for lower income Af-Am (in a lawsuit I think) that banks wouldn't give them loans because they couldn't afford it. Some 186 different people. Of those, like 19 are actually OK with good credit...the rest not so much.

    Essentially, he was supporting exastly what brought the housing crash and our economy with it.

    ---------- Post added 04.09.2012 at 00:52 ----------

    http://dailycaller.com/2012/09/03/w...bprime-loans-to-chicagos-african-americans/4/
     
    Hust

    Hust

    Senior Member
    Hustini
    #249
    May 29, 2005
    93,703
    #249
    Trequartista said:
    Oh, and fuck the non-stimulating stimulus package.
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    Yep. Add that fat check to the debt clock. lol
    Linebreak said:
    Has anyone seen "Inside Job" narrated by Matt Daemon?
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    no

    ---------- Post added 04.09.2012 at 00:58 ----------

    I find it absolutely hilarious, that the day the DNC starts (Tomorrow) is when our national debt clock hits 16 trillion dollars. Fitting if you ask me.


    16 TRILLION FUCKING DOLLARS
     
    Hust

    Hust

    Senior Member
    Hustini
    #251
    May 29, 2005
    93,703
    #251
    Trequartista said:
    How much to you pay in interest for your 16 trillion dollars debt?
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    Depends on who is buying the debt, I think. :boh:

    I know the Chinese have bough a lot of our debt, lol, not sure what the rate will be for them.

    ---------- Post added 04.09.2012 at 01:06 ----------

    I think the best place to look where a presidential hopefull will be successful or not is the state in which they governed or represented.

    Obama: just look at the shit hole Chicago has turned into. Gang violence, unemployment primarily much higher on people of diversity than other parts of the country, etc. All you hear about is shootings there, not to mention the general unemployment.
     
    Hust

    Hust

    Senior Member
    Hustini
    #255
    May 29, 2005
    93,703
    #255
    Trequartista said:
    Romney Care??

    :snoop:
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    haha not even close.

    I will take a business man that has made money saving jobs and making jobs over a lawyer with no private sector experience.

    I would like to point out that Romney graduated law from Harvard as well, just never practiced. Best of both worlds I presume.

    ---------- Post added 04.09.2012 at 01:10 ----------
    Trequartista said:
    We're becoming richer than you, as well.

    Oil sands :D
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    Thank you Obama for the Keystone pipeline, energy independence and the thousands of jobs you would have created. :analcanon:

    ---------- Post added 04.09.2012 at 01:11 ----------

    I can't wait for the debates.


    I really can't wait to see Ryan whipe the floor with that idiot VP.
     
    Hust

    Hust

    Senior Member
    Hustini
    #257
    May 29, 2005
    93,703
    #257
    Trequartista said:
    Oil sands are really dirty and we're polluting a fucking lot but...

    We're becoming filthy rich :evil:
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    Yeah, but you also have to understand as you increase wealth you increase R&D that will eventually start to curb the pollution in a more stable way.

    Look at Coal in the US....went from one of the dirtiest forms of energy to a much more stable and cleaner source. (Not saying its clean by any means, but cleaner none the less. You get the point)
     
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    Tickle Me
    Moderator
    #259
    Oct 11, 2005
    75,668
    #259
    Spam said:
    Thank you Obama for the Keystone pipeline, energy independence and the thousands of jobs you would have created. :analcanon:
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    You mean 2000 jobs and the pipeline really has nothing to do with energy independence.

    ---------- Post added 04.09.2012 at 10:58 ----------
    Spam said:
    Yeah, but you also have to understand as you increase wealth you increase R&D that will eventually start to curb the pollution in a more stable way.

    Look at Coal in the US....went from one of the dirtiest forms of energy to a much more stable and cleaner source. (Not saying its clean by any means, but cleaner none the less. You get the point)
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    1) Do you know the difference between dirty coal and clean coal?

    2) Do you know the difference in mining procedure between clean coal and traditional coal?

    ---------- Post added 04.09.2012 at 10:59 ----------
    Trequartista said:
    By flattening the tax rate, you're basically removing all loopholes and deductions, which the rich exploit to pay less taxes.

    Tax havens is another problem though, but that can be fought.
    Click to expand...
    We should definitely have a flat rate of 30%.
     
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