0

Squawk of the Day - Dec. 7, 2012

"If you want to put a dent into the deficit you have to have more revenue as part of the solution. Democrats propose only raising taxes on those families earning over $250,000 by ending the Bush era tax cuts for them. Ninety-eight percent of Americans would not see their income taxes increase."

For more squawks, pick up a copy of today's Albany Herald.

To submit a squawk, Click here.

Comments

dickyboy 1 year, 9 months ago

There are parts of this country where 250,000 is not a lot of money... the price to live in California , New York and Connecticut are out site... I feel sorry for the people on the border line...I would feel more comfortable with 750,000...

1

Sister_Ruby 1 year, 9 months ago

As long as the Gimmedats see no decrease in their gimmes then they don't give a Flying Frankfurter. New BMWs are rolling into town each and every day and the deals are popping if you can convince them that you have enough income (aka "LIE") and they will hand you a set of keys. Enjoy it while it lasts, LIARS!!

3

chinaberry25 1 year, 9 months ago

If you end the Bush era taxes, then all households will lose money except the very ones who voted for him. First to go should be the taxes gotten back for a non-taxpayer with a dependent. A family of five, 3 younguns will get around $7000 plus all the other perks. How has USA evolved to that. This is worse than the freebies they get. We are already in socialism and do not know it. If there is a family drawing this money, at least one in the household should be doing some work. Even slopping jars at the nursing homes. In illegal Americans almost 100% of the households are getting govt. money. Wonder what is wrong with America other than the voter fraud. I do not want to hear the statement again Obama won the election. NO, he stole it.

2

waltspecht 1 year, 9 months ago

Unfortunately it is universally acknowledged that the funds from this ine move would only pay for seven days of Government at the current rate. I may be dumb is some folks eyes, but even I know you have got to bring in more funds, and cut spending tremendously if you even hope to balance out this budget. If the Government were a person, they would have to be working 2 jobs and eating eggs and baloney for all your meals. Thats the only way you could dig yourself out of a mess this big. Apparently the Government can't understand that.

2

fcarroll 1 year, 9 months ago

For the budget to be balanced, it will have to start first in Obama's White House. No more monthly vacations etc. Stop paying the huge retirement benefits the ex presidents receive yrly.

3

RedEric 1 year, 9 months ago

The question is why would the government deliberately damage the country? I know there are some idiots in congress who don't have a clue, but surely most understand we are on an unsustainable path. When you raise taxes you take money out of the economy and lose the ripple effect. There are people like the squawker who's vision is impaired from to much koolaid and just cannot see it and then there are, of course the Gimmedats...nough said. A fair and balanced economic system is socialism. From each according to his ability and to each according to his need. No wonder I drink to much!!!!

0

dingleberry 1 year, 9 months ago

Red, if I had the money I would join you in the drinking. I understand those who get the fruits of socialism and the politicians who want to stay in power. But not the educated working who are the part deciding elections now--like the pain of giving away what they work for and destroying the country in the process. What these people don't realize is there are limits to what can be borrowed and given away. Ans when the teat runs dry, and we are communists, the government will decide what their job will be and what they are worth.

0

bubbasmithredneck 1 year, 9 months ago

Republicans want us to go over the fiscal cliff because they are still mad about losing the election. This Republican Congress will continue to hold this country hostage and hurt more than just Democrats with this stupid move. This will hurt everyone.

0

dingleberry 1 year, 9 months ago

It's all grandstanding. The solution will arrive as the lemmings reach the edge. And once again, the government is the hero to those who know no better.

0

Bulldawg 1 year, 9 months ago

Hey BSR you show us almost daily by your comments that your stupidity knows no bounds.I guess you retired the "bigheavychevy" screen name.

2

VSU 1 year, 9 months ago

Hey Bulldawg, notice BSR only shows up when he has something stupid to say.

1

Shinedownfan 1 year, 9 months ago

The Democrats wont cut anything, they wont compromise at all because THEY want to go over the fiscal cliff so they can BLAME the Republicans. oh yeah to everyone else who comments... DONT FEED THE TROLL ANYMORE.

1

tywebb 1 year, 9 months ago

you, my fair lady, are dead wrong

0

oldster 1 year, 9 months ago

We have a debt that is enormous and it has been building for half a century. There needs to be fundamental changes in the taxes for nearly everybody. Even for those on the various forms of welfare need to pay taxes even if it is only $5.00 to $20.00 per month. Everyone needs to have some sweat, some tears and some skinned knuckles in this game for it to be successful. This is OUR debt and ALL of us need to pitch in no matter how small it may be. WE have elected and re-elected these dunder heads that spent us into debt. We can't just sit by on the sidelines and watch as those who work for a living pay the freight for all of those who cannot or will not work. This is not just our neighbors problem, it is OUR problem.

1

VSU 1 year, 9 months ago

They may not see their income tax increase but they may see their income decrease, so which is worse, Paying more income tax, or having no money to pay the taxes?

0

Cartman 1 year, 9 months ago

The Republicans want to extend the Bush tax cuts for everyone. The Dems want to divide us into groups and not extend for the upper incomes. Why divide us into groups? Why not cut spending? The extra taxes that the small business owners pay will be passed onto their customers or will be reflected in smaller payrolls. What they do to one group, affects the other groups. If they tax any of us - they tax all of us.

1

Sister_Ruby 1 year, 9 months ago

To quote Ross Perot "That huge sucking sound is the USA going down the toilet"

Meanwhile Obama and the Dems are partying like it's 2999.

2

RedEric 1 year, 9 months ago

Welfare costs us $1 trillion per year. Fraud is nearly 50% of welfare payouts. There is fraud in every government program. Why is the government not fighting fraud? I know there is some investigation going on, but there are questionable sentences for fraud. Wells Fargo bank got fined $60 million early this year for fixing bids. If the CEO had gone to prison that would stop. Fraud would go way down. He probably got a bonus for fixing bids. It is all part of the question....why is the government acting this way?

1

Bulldawg 1 year, 9 months ago

The government is acting this way because they can. As long as the government is accountable to no one, they will continue to do as they please. Republicans and Democrats alike have forgotten who put them in office. The people put them in office, and the people can take them out.

1

VSU 1 year, 9 months ago

This is what happens when you have people with the mentality of a bubbasmithredneck voting.

2

Abytaxpayer 1 year, 9 months ago

Question... When the Great Divider in Chief raises taxes on incomes over $250,000 won't more companies and more people move more money out of the country to avoid those tax increases? Would it not be smarter to entice more money into the US than to scare it out of the country? O sure those rich people are so evil…but when was the last time a broke man or company hired new employees?

1

B4it 1 year, 9 months ago

Wow, from some of the above comments, BHO must be really smart with his stance on stonewalling the negotiations by insisting the wealthy pay more taxes!!! Yet these same people insist that the Republicans are holding the process hostage by wanting spending cuts as part of the deal. The problem is the Dems do not want their names as part of any spending cuts, because some special interest group will get upset, and the Repubs do not want their names as part of any tax increases. Compromise is required by both parties to bring about significant changes.

This Admin has proven time and time again they can not efficiently manage their budgets. They can not even pass a budget for the past 4 years. They have proven that when more revenue comes in, more is spent. They can not be TRUSTED to do what they say will be done and more spending takes place. Therefore, there MUST BE a way to have this Admin commit to actual significant spending cuts and not the phony cuts that deal with cutting what they thought they were going to spend.

2

Sign in to comment