The Big Budget debate is at hand once again. Will America survive the latest rendition of Government damage control and future planning? Things are NOT looking good.
On one side, the Democrats; We can do this budget thing, we’ll cut some spending, raise some taxes on the wealthy, we’re done, we’re good, we’re cool.
The opposition, the Republicans; You’re not raising the taxes. You don’t have the votes, sorry. The people put us in control of the house last mid-term election to fix things, and the fixing’s starting here.
The Democratic ring leader, President Obama; Congress MUST come to a resolution, or we will have problems.
For the first time, I agree with the president… We’re going to have problems alright.
The Democrats are so sure that they’re right, they’re not offering a different plan.
The Republicans are so sure they’re right, they’re not changing their plan.
The President is doing nothing but trying to save face. The next Presidential election is when?
So who’s right?
I have to mention a few things here before we draw any conclusions. For one, raising the taxes on the rich, will do one thing, make the rich pay more, which in turn, will leave them less money to invest, which will of course in one way or another, limit company growth and investment around the nation, which will undoubtedly make less new jobs available in the future.
I mean really, a business, a corporation, needs to produce a new product, and they need a hundred thousand to buy equipment, hire people, train people, tool machines, get inventory, market new products.
But wait… Sorry, the government took that extra hundred thousand in taxes, they needed to fix the budget. Can’t expand. No new product. No new jobs.
That’s one for the republicans.
Ok, hold on. What’s this I’m hearing about closing a loop hole on corporate jets to raise money? That can’t be bad. Can it?
Argument… Boss man can’t fly to Chicago to meet the parts makers for the new product he’s planning for his business, and take him to Dallas to meet the assembly managers and discuss terms in limited minutes they have together because US Airways doesn’t accommodate group meetings on Airplanes of 7 or more people.
Sale is lost. Assembly falls through. Business investment of 30 thousand is thrown away. Business is hurt.
Closing this corporate jet loophole, like any other increase of business tax, WILL hamper growth. You CAN NOT increase taxes in times of BAD, like now, not if you want more jobs down the immediate road.
OK, OK, so maybe the Democrats can remove increases in Business taxes in their plan, by leaving loopholes as they are.
But what about those damn millionaires? Surely THEY can afford to pay a little more. Right?
Let me make point number 2.
Did you know that the top 2 percent of earners/ taxpayers in this country Already pay a little more that 50 percent of the Federal Government’s TOTAL INCOME !!!!!
2 Percent pays 50% !!!!! And the Democrats want to ask them for MORE ??? That’s TOTALLY NOT FAIR !!!!! They’re paying MORE than their fair share Already!!!!!
The Democrats have NO right to ask them for more. NONE.
Besides, what would be Anybody’s incentive to build million and billion dollar corporations, if they couldn’t make a few million in the process of employing hundreds or thousands of people?? There wouldn’t be any incentive. We would have NO corporations, and NO jobs Anywhere!!!
We would be like those starving poor people in third world nations.
I say, make it worth their while. Leave them their golden nugget at the top of their corporate ladder.
But MORE importantly, this Government was formed on the premise of FREE ENTERPRISE. This means the government should have NO limiting affect on ANY business, Including Taxes!!!! Well, maybe they can pay a little in taxes.
This is why the founding fathers formed the notion in writing, of a limited Government. They had foreseen prosperity through business freedom. AND IT WORKED! We’re the richest nation in the World, and the world knows it. Don’t change the game plan NOW! Especially NOT to a heaver tax which is a “proven to fail” Socialist Agenda!
Yet, here we are, thanks to President Obama’s UNFATHOMABLE 14 TRILLION Dollar Debt, to be jammed between a rock and a hard place. Pass the budget or we’ll go into default.
Nay I Say!
How DARE you demand we increase the spending ceiling? How DARE you propose we Increase Taxes to pay for the monetary issue at hand, when WE told you NOT to spend this much money in the FIRST PLACE?????
Any by the way, when former President Bush left office the national Debt was 6 Trillion. President Reagan originally broke the one trillion dollar mark. Bush Senior got to two T‘s. Mr. Clinton balanced his budget by cutting out intelligence spending which allowed 9-11 to happen, but even he left office with more than a trillion in debt More than when he started, bringing the National debt to over 4 trillion. Bush Jr, well the bank bail out didn’t help, he left the nation with 6 Trillion.
But President Obama, or should I say his more appropriate slang name, BAM, as the debt volume goes, along with his Democrat constituents, brought the National Debt from 6 Trillion when he entered office, all the way up to 14 Trillion US Dollars, IN JUST 3 DAMN YEARS!!!!!
FOURTEEN TRILLION !!! GOOD GOD!!!
The Gross domestic product of the Entire nation, the richest nation in the world, is only 30 Trillion. We’re indebted almost HALF of every dollar spent in the Entire Country in a Whole Year! This is CRAZY!
Do you know what happens when the Chinese demand we return some of their US investment and we can‘t scrape up the cash?
Can you say World War III ?
Don’t deny it for even a second. This Debt is DANGEROUS!
The Republicans Are right. The Debt is WAY TOO DAMN HIGH ! And there’s only one way to fix this Mess. NO MORE SPENDING.
But Kudos to the Republican party one further for coming up with a Genius plan. Give the increase we need to succeed right now IF it is matched by equal spending cuts, and NO NEW TAXES !
Did I say Genius?
I can’t believe this hasn’t been enacted already.
Instead, the Democrats are trying to turn the table and make the Republicans look bad by saying:
“Give us the tax increases or we might not be able to pay entitlements, like all the old folks who receive Social Security or Medicare payments”
This is an Evil way to harp on the emotions of the elderly and young abroad, and, what a Twisted Crooked way to spin this story around to meet your socialistic agenda!
They don’t really have to cut Social Security at all. How about they cut the 5 Billion in aid to Pakistan? Or perhaps Cut out Afghanistan and Iraqi wars already? Bring those troops home!
One thing further.
President Obama is further trying to give the Republican party a black eye, by pointing out that the Republicans are not wavering on their Ideological stance of allowing negotiations in terms, and in so doing, denying any chance of coming to a common ground in this heated debate.
I just want to remind the reader, think back, a mere two years ago, when the Democrats had control of the house. Led by the Wicked Witch of the West herself, Nancy Polocy, the Democrats proceeded to LOCK OUT the Republican negotiators from ANY proceedings, by holding closed Democrat party meetings, and secret voting, to force their Democratic Spending Increases without ANY rebuttal from Republican conservation. None.
How Dare they!
I personally recall being Infuriated that I was at that moment experiencing “Taxation without Representation”, the VERY cause of the U.S. Revolutionary War 200 plus years ago, between the angered American Settlers and the Foreign King.
You CAN’T lock out conservation.
You CAN’T increases taxes like you did in the past without repercussion.
You can’t play Dirty Ball, and not expect Dirt to be kicked in your face.
And Last but Not Least, you CAN NOT INCREASE TAXES, the Bill won’t pass, because you DON’T have the Votes necessary to Pass the House!
So There.
God Bless America !
-Saintsnick
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