Obama's plan to tax "the rich". Let's take every penny that they have (Ex
20:15). Assuming that people will keep working,
will
that pay off the deficit in one year?
No.
See:
Tax Cuts vs. Tax Hikes from GlennBeck.com
Debt Ceiling
Related:
Response to comment [from a Christian]: "I don't think that most Americans realize that the enemies of our way of life and freedom are trying to destroy us from within..."
Yep (Jer 7:6).
"...[I]t is now or never, to take a stand."
When you say "stand" RePublicans hear "wave a white flag"--especially when it comes to expendable children.
[Rebuked by a Leftist] "I stand by what I wrote."
Greenrage failed math.
Response to comment [from a Christian]: "And you failed economics. Which is more relevant."
"To put the numbers in perspective, financial author and radio host Dave Ramsey illustrated it this way: Take a couple that earns $58,000 a year. To put their income and spending on par with our nation's deficit spending ratios (we are about $16 trillion in debt, we spend about $3.7 trillion a year and take in about $2.9 trillion a year), it is akin to them spending nearly $75,000 a year. Now, realizing they have a spending problem, they decide to cut back their spending by $3,000 and then call that a success by saying these are "big cuts." They would still be spending more than 20% more than they earned..." Full text: America needs a budget breakthrough by William J. Bennett
"...[N]ational debt doesn't work like that and it's easily paid off once the economy picks up..."
Consider
Obama's plan to tax "the rich". Let's take every penny that they have (Ex
20:15). Assuming that people will keep working,
will
that pay off the deficit in one year?
No.
See:
Tax Cuts vs. Tax Hikes
from GlennBeck.com
Response to comment [from a Christian]: "Economic slavery" -- I love how the Tea Party tries so hard to argue by label with the hope nobody notices."
They use the term "redistribution of income" too.
Thoughts? Comments? Concerns?
Ex 20:15.
"Paris Hilton a tax cut."
Would you consider yourself a covetous person?
Col. 3:5. Do you think a
baby should have the same income as a
man who has worked his entire life? Do you place a higher value on equality or
liberty?
"Liberals have ideas.
Conservatives pay for them.
"
~ Dennis Prager
Obama Says GOP Debt Ceiling Demands Are an Assault on U.S. ‘Constitutional
Structure’
"...That changes the constitutional structure of this
government entirely..." ~ Barack Obama
Response to comment [from a Christian]: "...The problem is that the government
is funneling so much money into the pockets of their wealthy cronies that it
can't "afford" to
help it's citizens, anymore..."
By help
Ex 20:15 do you mean
redistributing earned income?
"The problem with socialism is that eventually you run out of other people's
money." ~ Margaret Thatcher
President pushes for more debt
Obama: 'Raising debt ceiling does not increase our debt.'
Pentagon Cover-Up: ‘For The Record’ Reveals the Buried Details on Economic
Terror Tactics Used By China, Russia & Al Qaeda Against America
President Raises Debt Ceiling Seven Times, Costing $43,000 Per Household
Obama: 'I will not negotiate'
"...Just shag your ass out of my crib! Now you be a
printer! Go get some ink, ant start printin' some more of that shit!" ~ Jeff
Rice, To Live and Die in LA
See:
America's Debt Crisis Explained
Each Taxpayer Has Federal-Debt Liability of $1.1 Million
Federal Debt Jumped $409 Billion in October
$3,567 Per Household
Obama wants debt ceiling increase again in February
RePublicans
ready to surrender on debt ceiling
John Boehner: 'Increase the Debt Ceiling'
A Fed Chief Admits: We're 'Very Worried' About Consequences of Money Printing
Debt ceiling will be set to record high of $22 trillion, fund government to just summer
