" funded by pro-business groups hostile to the Democrat's agenda."
Who'd have thunk that a poll funded by a group hostile to the Democrats would have played out any other way?
Obama tax proposals will cost the U.S. 700,000 jobs. More Hope and Change?
☆ElenaDiamond☆
2012/07/17 17:50:57
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Republican House Speaker John Boehner hammered President Barack Obama on Tuesday after accounting firm Ernst and Young released a study funded by pro-business groups hostile to the Democrat's agenda. The firm's results showed that Obama's proposed tax hikes on the wealthy could cost the already sputtering economy more than 700,000 jobs.
"Our economy is still struggling under President Obama's policies, and his massive tax hike will only make things tougher," Boehner said in a statement. "It's one of the worst possible ideas at one of the worst possible times for families and small businesses."
Obama has been campaignin
Read More: http://news.yahoo.com/blogs/ticket/study-says-obam...
Top Opinion
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Q 2012/07/17 18:18:28
How exactly does less government spending drive economic growth?
But some of the money that will be shifted to the private sector will not be spent. Whereas all the money held by the gov is spent. May be less of a growth factor.
On the other hand "less government spending" has half the economies in Europe on the verge of collapse.
Great plan you've got there.
EPA = ENEMIES of PEOPLE of AMERICA;
IRS = INSIDE RECTUM SCRUB;
DOJ = DEPARTMENT OF JERKS;
DOD = DAY OF DEATH, DEPARTMENT OF the DEAF, DEPT OF DICKS.
Until a generation ago, many Americans and their representatives argued vehemently that the wealthy ought to pay more in taxes, but that position has drastically declined in popularity. Weisman sets the debate in the context of the battle between those who invoke justice—progressive taxes create equity and hence justice—and those who invoke virtue—the belief that hard work should be rewarded and taxing higher income at an elevated level creates a disincentive to the hard work we should promote.
Leaders of a century ago invoked justice in remarkable language that is unimaginable today. President Woodrow Wilson called paying taxes "a glorious privilege." Supreme Court Justice Oliver Wendell Holmes Jr. observed that "taxes are what we pay for civilized society." In 1942, President Franklin Roosevelt said, "In this time of grave national danger, when all excess income should go to win the war; no American citizen ought to have a net income, after he has paid his taxes, of more than $25,000." That $25,000 is the equivalent of $323,208 in today's dollars. Can you conceive of a modern president suggesting that no American should earn more than $323,000 after taxes? (President George W. Bush went to war twice without once calling for such a common sa...
Until a generation ago, many Americans and their representatives argued vehemently that the wealthy ought to pay more in taxes, but that position has drastically declined in popularity. Weisman sets the debate in the context of the battle between those who invoke justice—progressive taxes create equity and hence justice—and those who invoke virtue—the belief that hard work should be rewarded and taxing higher income at an elevated level creates a disincentive to the hard work we should promote.
Leaders of a century ago invoked justice in remarkable language that is unimaginable today. President Woodrow Wilson called paying taxes "a glorious privilege." Supreme Court Justice Oliver Wendell Holmes Jr. observed that "taxes are what we pay for civilized society." In 1942, President Franklin Roosevelt said, "In this time of grave national danger, when all excess income should go to win the war; no American citizen ought to have a net income, after he has paid his taxes, of more than $25,000." That $25,000 is the equivalent of $323,208 in today's dollars. Can you conceive of a modern president suggesting that no American should earn more than $323,000 after taxes? (President George W. Bush went to war twice without once calling for such a common sacrifice to pay for it.) And President Harry Truman in 1948 vetoed a broad-based tax cut, even in the face of an expected and eventual congressional override, and then asked for a tax increase following his upset victory.
But President Ronald Reagan transformed our conversation about government and turned taxes into the enemy of progress. It is commonly thought that President George H.W. Bush's violation of his "read my lips" pledge cost him re-election and President Bill Clinton's 1993 tax increases cost him control of Congress.
EXCATLY. Maybe we should ask t he republicans that!
From
http://www.slate.com/articles...
Until a generation ago, many Americans and their representatives argued vehemently that the wealthy ought to pay more in taxes, but that position has drastically declined in popularity. Weisman sets the debate in the context of the battle between those who invoke justice—progressive taxes create equity and hence justice—and those who invoke virtue—the belief that hard work should be rewarded and taxing higher income at an elevated level creates a disincentive to the hard work we should promote.
Leaders of a century ago invoked justice in remarkable language that is unimaginable today. President Woodrow Wilson called paying taxes "a glorious privilege." Supreme Court Justice Oliver Wendell Holmes Jr. observed that "taxes are what we pay for civilized society." In 1942, President Franklin Roosevelt said, "In this time of grave national danger, when all excess income should go to win the war; no American citizen ought to have a net income, after he has paid his taxes, of more than $25,000." That $25,000 is the equivalent of $323,208 in today's dollars. Can you conceive of a modern president suggesting that no American should earn more than $323,000 after taxes? (President George W. Bush went to war twice...
From
http://www.slate.com/articles...
Until a generation ago, many Americans and their representatives argued vehemently that the wealthy ought to pay more in taxes, but that position has drastically declined in popularity. Weisman sets the debate in the context of the battle between those who invoke justice—progressive taxes create equity and hence justice—and those who invoke virtue—the belief that hard work should be rewarded and taxing higher income at an elevated level creates a disincentive to the hard work we should promote.
Leaders of a century ago invoked justice in remarkable language that is unimaginable today. President Woodrow Wilson called paying taxes "a glorious privilege." Supreme Court Justice Oliver Wendell Holmes Jr. observed that "taxes are what we pay for civilized society." In 1942, President Franklin Roosevelt said, "In this time of grave national danger, when all excess income should go to win the war; no American citizen ought to have a net income, after he has paid his taxes, of more than $25,000." That $25,000 is the equivalent of $323,208 in today's dollars. Can you conceive of a modern president suggesting that no American should earn more than $323,000 after taxes? (President George W. Bush went to war twice without once calling for such a common sacrifice to pay for it.) And President Harry Truman in 1948 vetoed a broad-based tax cut, even in the face of an expected and eventual congressional override, and then asked for a tax increase following his upset victory.
But President Ronald Reagan transformed our conversation about government and turned taxes into the enemy of progress. It is commonly thought that President George H.W. Bush's violation of his "read my lips" pledge cost him re-election and President Bill Clinton's 1993 tax increases cost him control of Congress.
We won't have homes, or jobs, but we might still be able to get an Uncle SUgar food card.
Herbert Hoover, Ronald Reagan and George W. Bush have all proved that giving tax cuts to the richest Americans causes economic disaster. Franklin Roosevelt and Bill Clinton have both proved that raising taxes on the richest Americans is one of the most effective ways to stimulate economic growth.
And of course, let's all completely ignore the fact that President Obama has CUT taxes for small businesses SEVENTEEN TIMES since he took office.