BO wants to raise our taxes $1 trillion???

So you think all of the poor people are going to hire the unemployed? That plan is almost as good as BO's.

 

I didnt say that the poor were going to hire anyone. But I dont see billionaires hiring anyone either. And yes its an unsure economy, so why would billionaires take a risk on hiring. But costs less to pay more taxes for a short time than it is to hire people for a long time. They are after all getting tax breaks and subsidies in order to add to the work force. That isnt panning out. We are all in it ya know. Where does this 50% of middle class dont pay income tax come from? And if an unemployed guy takes time to volunteer as a crossing guard or help out in a library because thats all he can do, then it isnt unreasonable to ask billionaires for a little bit more. Just an example, lets not focus on the crossing guard thing.

 

They won't hire - so long as the government keeps threatening to increase their taxes and costs. Get the government fingers out of the way and see what happens

"But costs less to pay more taxes for a short time than it is to hire people for a long time." You are kidding, aren't you? BO's "recovery" bill cost $250,000 per job. That should have created 4 or 5 new jobs in the private sector.

"Where does this 50% of middle class dont pay income tax come from?" The federal government. High-Earning Households Pay Growing Share of Taxes - WSJ.com

 

250,000 in the long run? Thats not much over 15 years. And I said the tax increase would be short term. But they werent hiring when there was no threat. And it hasnt happened, it that going to be the excuse forever? And thanks for the link.

 

No! $250,000 in 6 to 18 months. Say for 1 year.

 

I don't mention it much but in case some of you have forgotten, I consult with businesses for a living. Dr PHD can call it antecdotal all he wants but businesses are leery to move in our current environment. One can't argue that, in some segments, profits are up. Profits are up & cash is building up. But these businesses truly want to spend, expand & hire. They are simply waiting to see what is going to happen.

 

Moen can shove this up his anecdotal butt. When Steve Wynn (D), who has created more jobs in the casino industry than probably anyone else in the world, says the current administration is hindering economic expansion, everyone no matter political affiliation should listen. He isn't Donald Trump looking for a headline to satisfy his unimaginable narcissism. He is one of richest most successful men in the world. Clowns like Moen should stop spouting off about things they know nothing about and listen to the people like Steve Wynn, who actually does know.

Hey Moen,

Scoreboard!

Wynn is worth over a billion. What is your net worth? Why should anyone listen to you, CLOWN?

 

Well this presidency has about 18 months to go. Are they going to wait that long? Or are they going to wait a year after the next election? Or two years? Are they simply waiting due to your consultation? Or in dispite it?

 

At this point, I believe that some companies are purposefully refusing to spend their capital in order to perpetuate a stagnant economy and ensure a Republican President in 2012. A very dangerous strategy IMO, and the reason why I support increasing taxes on the rich.

 

Joke about it all you want but it is my experience "they" are just waiting until they know what their tax liabilities are going to be & what Obamacare is going to cost before jumping in.
Say you were considering building a new house, would you go forward with the project if you were uncertain what it would cost or what your income was going to be?

 

Well as you all seem to like graphs n charts and such here is one that is run in bothe the Washington Post and (originaly) the New York times

Obama’s and Bush’s effects on the deficit in one graph

Obama’s and Bush’s effects on the deficit in one graph - Ezra Klein - The Washington Post

you will need to follow the link to the times from the post for the full story as well as (lucky you) a second graph

 

It wasnt a joke. What are you consulting them to do? We arent talking about the corner deli. As you said, profits are up and they are sitting on money. If I were to get a huge tax break to build that house and planned on building it anyway, I would.

 

But, as things sit today, you have no idea if you have a tax break or large increase coming, right? With a little clarity businesses are able to make those decisions. Thanks for helping make my point!

 

I guess we'll never know how you consult these leaders of industry. So your point is that if big business loses that huge tax break, they will no longer hire? Yet the profit will still come? albeit less than with the tax break. Good for the business. Bad for the country. And isnt that the point really? To keep this country going. To keep it prosperous for all? To make it united again. Dont you think its time we eschew the ''mine, mine , me, me'' philosophy of yesterday behind? At least for now.

 

So, you would charge forward with big plans without knowing for certain how your liabilities and obligations may be effected by impending governmental changes? Are you sure about that? Can you imagine a scenario where this reckless behavior could be bad for those currently employed?

 

''With a little clarity businesses are able to make those decisions.''-David. They've been waiting for six years. The free ride is over for everyone.

 

The free ride may be over but until one knows what the new fare is going to be they will probably defer getting on that bus.

 

Say you were considering building a new casino, would you go forward with the project if you don't have customers with enough disposable income to fill the casinos you have? Or would you downsize your workforce and sit on your cash? That is a lot closer to what is going on in our economy.

 

WTF are you talking about? ''And while the seats may be occupied by fat people who are too weighed down to reach the stop cord of opportunity, the bus keeps rolling towards its final stop of doom.''. And you have the audacity to call other statements stupid? Your use of metaphors is atrocious.

 

please..the rich mans tax cuts get extended, and they creat no jobs. The threat of them paying more causes them to not create jobs. The cause is greed, further caused by the right wing corporate elitists. This whole mess started under Bush, as he passed out cash to his kronies.