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#3062581 - 12/04/12 08:23 AM Re: Anyone still think it's about revenue??? [Re: Wildcat]
Still-n-Quiet
10 Point


Registered: 07/18/06
Posts: 4776
Loc: San Antonio, TX

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The so-called "Fiscal Cliff" is just a temporary instance of the bigger economic cliff that is to come. Doesn't really matter, now. We are going off, and probably (hopefully!) hard and fast.

Nothing can stop this train, now.
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"I am not ashamed of the gospel of Christ, for it is the power of God to salvation for everyone who believes..." (Romans 1:16)

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#3062992 - 12/04/12 12:35 PM Re: Anyone still think it's about revenue??? [Re: Wildcat]
Hoss
TnDeer Old Timer
8 Point


Registered: 02/14/00
Posts: 1426
Loc: Hendersonville , TN

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 Originally Posted By: Wildcat
 Originally Posted By: Swampster
I vote to take the "cliff" as well. Its not even that big a deal really. They state all the numbers in terms of 10 years to make them sound bigger, as if any tax or spending legislation ever stayed unchanged for ten years.

Balancing the budget and then paying down the debt will never be easy, and the longer the wait, the bigger the mess. Can you think of a bigger waste of money than the $400B paid annually on the debt? Isn't that like $1,000 a year in interest payments for every person in the US (or maybe $5,000 for every tax payer).


Yes and no.

I agree 100% let us go over the cliff but at the same time it IS A BIG DEAL.

The Bush Tax CUTS expair Dec 31 as does Obama's Social Security Cuts. EVERYBODY'S taxs will go UP back to the rates of 12 years ago starting Jan 1, 2013. Come April 2014 the average American tax payer will be paying an extra $2,500 - $3,500 overthe year before on the same amount of money he made. So yes it's a big deal for them but it's their own fault.


How many of them pay NO INCOME TAXES?
Its not like they will be asked to pay their tax burden with the EBT card.
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#3063274 - 12/04/12 03:12 PM Re: Anyone still think it's about revenue??? [Re: Hoss]
Wildcat
Non-Typical


Registered: 06/10/00
Posts: 41335
Loc: Western Ky.

Offline
 Originally Posted By: Hoss
 Originally Posted By: Wildcat
 Originally Posted By: Swampster
I vote to take the "cliff" as well. Its not even that big a deal really. They state all the numbers in terms of 10 years to make them sound bigger, as if any tax or spending legislation ever stayed unchanged for ten years.

Balancing the budget and then paying down the debt will never be easy, and the longer the wait, the bigger the mess. Can you think of a bigger waste of money than the $400B paid annually on the debt? Isn't that like $1,000 a year in interest payments for every person in the US (or maybe $5,000 for every tax payer).


Yes and no.

I agree 100% let us go over the cliff but at the same time it IS A BIG DEAL.

The Bush Tax CUTS expair Dec 31 as does Obama's Social Security Cuts. EVERYBODY'S taxs will go UP back to the rates of 12 years ago starting Jan 1, 2013. Come April 2014 the average American tax payer will be paying an extra $2,500 - $3,500 overthe year before on the same amount of money he made. So yes it's a big deal for them but it's their own fault.


How many of them pay NO INCOME TAXES?
Its not like they will be asked to pay their tax burden with the EBT card.


I think you misunderstood what I posted.

If they pay NO INCOME TAXES then they are NOT TAXPAYERS.

YOU, ME, and just about everybody on here on Tndeer that pays taxes WILL see our taxes INCREASE starting Jan 1, 2013.
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A Government that does not trust its law abiding citizens to keep and bear arms, is itself unworthy of trust..... - James Madison





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#3063390 - 12/04/12 04:08 PM Re: Anyone still think it's about revenue??? [Re: Wildcat]
fishboy1
16 Point


Registered: 01/13/03
Posts: 10494
Loc: Warren Co

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The freeloaders will pay and pay dearly.
Its called inflation or hyperinflation.

That $1200 a month in free gub-u-munt money isn't going to be such a great deal when it only buys enough food and electricity for 12 days.
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#3063400 - 12/04/12 04:10 PM Re: Anyone still think it's about revenue??? [Re: fishboy1]
Crappie Luck Moderator
Non-Typical


Registered: 01/29/03
Posts: 59553
Loc: Smith Co.

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But to another looter, That $1200 is STILL worth killing for.
Let them eat each other. I don'tcare.
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#3063514 - 12/04/12 05:10 PM Re: Anyone still think it's about revenue??? [Re: fishboy1]
TNDeerGuy
12 Point


Registered: 11/28/06
Posts: 5900
Loc: Old Hickory/Mt.Juliet, TN

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 Originally Posted By: fishboy1
The freeloaders will pay and pay dearly.
Its called inflation or hyperinflation.

That $1200 a month in free gub-u-munt money isn't going to be such a great deal when it only buys enough food and electricity for 12 days.


No they won't—they won't suffer a bit! Inflation/hyperinflation just gives the government further license to fleece the suppliers further and redistribute to the takers. This entire issue is the same as the healthcare/Obamacare law—it is not, and never has been about what it appears to be on the surface....it is solely about government control and growing that control to excessive amounts where the governed become so tightly bound that they become slaves to the big and mighty government that controls everything.
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