Originally posted by truejedi
yeah... about that. I pretty much want to listen to Evanescence and eat Ice Cream. I'm not used to this much bad play from the Colts. Its hard to take.
****ing Manning has played like Favre these past few games. I hope he doesn't turn out to be one of those "you get the good with the bad" players because we're really seeing the old Manning with those bullshit interceptions.
Originally posted by truejediGood song. Weird video. The last half reminded of Paralyzer.
http://www.youtube.com/watch?v=8v_4O44sfjM&feature=channelreally good song. I also love that she is climbing the charts without being model-perfect. makes me happy. good for her.
http://firstread.msnbc.msn.com/_news/2010/12/06/5595744-first-thoughts-done-deal
I love how BOTH parties will get what they want: a higher deficit. They are going to talk and talk about how they worked together, but all they did was work together to put the country MORE in debt.
I disagree. At this point, we can't try to reduce the deficit at the expense of the unemployed, can't believe I agree with the left on this one. If I were to follow mainstream economics, then our economy depends on consumer spending. Rise in unemployment=less consumer spending. Also, we desperately need the Bush tax cuts to be renewed if we cant to increase capital investments. It's really going to hurt our economy if they aren't renewed and it looks like the Dems are coming around. I think the Republicans really mean to get things done this time so we'll see.
Now do you believe then, that the trickle-down effect will work? As far as I understand this tax cut thing (which isn't too far) the FIRST 250k of EVERYONE's income was going to get their tax-cut renewed.
The idea of what the Republicans are pushing for is that the ENTIRE income of everyone is reduced?
(Arbitrary numbers here, but to summarize, in case i'm just wrong on the facts, and therefore wasting the argument)
So Dem plan: People under 250k get 4% (arb.) off their taxes.
People over 250k get 4% off their first 250k, and regular rate with the rest:
Repub plan: Everyone gets 4 percent off of their ENTIRE income.
Is this correct? And if so, I'm thinking that this is going to reduce revenue and add to the deficit, and we need to go with the Left's plan here. Have i missed something?
Originally posted by truejedi
Now do you believe then, that the trickle-down effect will work? As far as I understand this tax cut thing (which isn't too far) the FIRST 250k of EVERYONE's income was going to get their tax-cut renewed.The idea of what the Republicans are pushing for is that the ENTIRE income of everyone is reduced?
(Arbitrary numbers here, but to summarize, in case i'm just wrong on the facts, and therefore wasting the argument)
So Dem plan: People under 250k get 4% (arb.) off their taxes.
People over 250k get 4% off their first 250k, and regular rate with the rest:Repub plan: Everyone gets 4 percent off of their ENTIRE income.
Is this correct? And if so, I'm thinking that this is going to reduce revenue and add to the deficit, and we need to go with the Left's plan here. Have i missed something?
Small business proprietorships could possibly suffer from the increased tax rate (leading to greater unemployment.) However that still doesn't explain why the super rich need tax cuts.
However, there is no guarantee that the job creation is in the United States. With the free trade agreements we have with NATO, China, India, and now S.Korea, the SMART capital investment for manufacturing corporations is overseas.
Without a check on jobs going overseas, this tax cut will simply make it EASIER for companies to take jobs overseas.
Originally posted by truejedi
However, there is no guarantee that the job creation is in the United States. With the free trade agreements we have with NATO, China, India, and now S.Korea, the SMART capital investment for manufacturing corporations is overseas.Without a check on jobs going overseas, this tax cut will simply make it EASIER for companies to take jobs overseas.
On one hand you are right, on the other hand it definitely gives an opportunity to employ more people domestically while increasing consumer spending..
Originally posted by truejediGive Canada the jobs, guys. Our annual 1/4 million immigrants need them.
However, there is no guarantee that the job creation is in the United States. With the free trade agreements we have with NATO, China, India, and now S.Korea, the SMART capital investment for manufacturing corporations is overseas.Without a check on jobs going overseas, this tax cut will simply make it EASIER for companies to take jobs overseas.
Funny Quote: (As movie quotes are wont to be.)
In response overall to this letter, in the words of the movie Billy Madison "At no point in your rambling, incoherent response were you even close to anything that could be considered a rational thought. Everyone in this room is now dumber for having listened to it. I award you no points, and may God have mercy on your soul"
http://www.foxnews.com/politics/2010/12/07/obama-discusses-tax-cut-compromise/
First thing he's done right in a while. Things are finally getting done with the Republicans taking the majority.