PDA

View Full Version : Hoyer: Raise Taxes on Earners Below $250k


Odessa78
07-10-2012, 01:12 PM
House Minority Whip Steny Hoyer (D., Md.) said Monday he would support tax increases on those who earn less than $250,000 at some point in the future.

“The president initially has it about right, at the ($250,000 level),” Hoyer said, following a speech at the Center for American Progress. “But I would be prepared to go lower at some time in the future than that.”

“Our economy is still struggling and I think going lower than that would have adverse impact on the economy,” Hoyer added. “I don’t think going higher than that will have an adverse impact.”

Video



Hoyer: I’m prepared to raise taxes on earners below $250k in the future | Washington Free Beacon (http://freebeacon.com/hoyer-im-prepared-to-raise-taxes-on-earners-below-250k-in-the-future/)

Dev
07-10-2012, 01:27 PM
Has to be the stupidest thing I've ever heard. Hey the economy is in the ####, lets take even more money from people. ####ing brilliant.

frogman123
07-10-2012, 01:43 PM
Has to be the stupidest thing I've ever heard. Hey the economy is in the ####, lets take even more money from people. ####ing brilliant.

“Our economy is still struggling and I think going lower than that would have adverse impact on the economy,” Hoyer added. “I don’t think going higher than that will have an adverse impact.”

...mmm read the entire thing. And we wonder why republicans are so misinformed!

kom526
07-10-2012, 01:55 PM
Has to be the stupidest thing I've ever heard. Hey the economy is in the ####, lets take even more money from people. ####ing brilliant.

“Our economy is still struggling and I think going lower than that would have adverse impact on the economy,” Hoyer added. “I don’t think going higher than that will have an adverse impact.”

...mmm read the entire thing. And we wonder why republicans are so misinformed!

Didn't stop Owe'Malley though.

(We wonder why democrats are so stupid.)

h3mech
07-10-2012, 02:03 PM
House Minority Whip Steny Hoyer (D., Md.) said Monday he would support tax increases on those who earn less than $250,000 at some point in the future.

“The president initially has it about right, at the ($250,000 level),” Hoyer said, following a speech at the Center for American Progress. “But I would be prepared to go lower at some time in the future than that.”

“Our economy is still struggling and I think going lower than that would have adverse impact on the economy,” Hoyer added. “I don’t think going higher than that will have an adverse impact.”

Video



Hoyer: I’m prepared to raise taxes on earners below $250k in the future | Washington Free Beacon (http://freebeacon.com/hoyer-im-prepared-to-raise-taxes-on-earners-below-250k-in-the-future/)
this guy is a tool and need to replaced, he is out of touch with us poor folks who make under 250,000 and will be taxed for it. vote em all out in nov 12

Sweet 16
07-10-2012, 02:14 PM
“Our economy is still struggling and I think going lower than that would have adverse impact on the economy,” Hoyer added. “I don’t think going higher than that will have an adverse impact.”

...mmm read the entire thing. And we wonder why republicans are so misinformed!

Um, yes it will, because now you are hitting the business-owners and employers in the wallet and when you do that, they stop hiring. And people start losing their jobs. And they stop spending money because they don't have any. And the ecomonmy grinds to a halt. And you can't raise taxes on people that don't have income. Do you see the impact now Steny?!? :smack:

bcp
07-10-2012, 02:21 PM
Um, yes it will, because now you are hitting the business-owners and employers in the wallet and when you do that, they stop hiring. And people start losing their jobs. And they stop spending money because they don't have any. And the ecomonmy grinds to a halt. And you can't raise taxes on people that don't have income. Do you see the impact now Steny?!? :smack:

Steny has money, enough to never work again and not worry.. (that work again should be, pretend to work again)
He is in a position to give his own raises from our tax dollar.

He, like the rest of the politicians have no clue what it is to decide between eating and paying the mortgage.
so no, he does not now, or will he ever understand.

itsbob
07-10-2012, 02:36 PM
“Our economy is still struggling and I think going lower than that would have adverse impact on the economy,” Hoyer added. “I don’t think going higher than that will have an adverse impact.”

...mmm read the entire thing. And we wonder why republicans are so misinformed!

Show me in history where raising taxes helped an economy recover.. Raising ANY taxes..

Vince
07-10-2012, 02:51 PM
this guy is a tool and need to replaced, he is out of touch with us poor folks who make under 250,000 and will be taxed for it. vote em all out in nov 12It's been tried. Steny has been there screwing things up for a long time and won't leave until he's ready and they put another Dem just like him in his place. You forget, you're in Maryland. Land of the Democrap.

itsbob
07-10-2012, 03:00 PM
It's been tried. Steny has been there screwing things up for a long time and won't leave until he's ready and they put another Dem just like him in his place. You forget, you're in Maryland. Land of the Democrap.

Maybe we should do like the Muslims did in Michigan.. Actively recruit conservatives to move to towns in MD, replace the gov'ts at the town and community level, go town by town.. then work our way up to taking over the state.. (don't think we'll ever be able to attain a majority over the entitlement class in the cities)/

If the Muslims can do it, why can't Conservatives??

b23hqb
07-10-2012, 03:12 PM
“Our economy is still struggling and I think going lower than that would have adverse impact on the economy,” Hoyer added. “I don’t think going higher than that will have an adverse impact.”

...mmm read the entire thing. And we wonder why republicans are so misinformed!

OK, you read the whole thing. Thank a teacher. Did you watch the video as well? If so, thank God for ears and eyes.

Other than that, I think the frogman123 has been submerged way too long and is suffering a case of the mental bends.

BOP
07-10-2012, 05:19 PM
Maybe we should do like the Muslims did in Michigan.. Actively recruit conservatives to move to towns in MD, replace the gov'ts at the town and community level, go town by town.. then work our way up to taking over the state.. (don't think we'll ever be able to attain a majority over the entitlement class in the cities)/

If the Muslims can do it, why can't Conservatives??

Um, what is "we aren't a protected class," Alex?

EmptyTimCup
07-11-2012, 08:05 AM
Maybe we should do like the Muslims did in Michigan.. Actively recruit conservatives to move to towns in MD, replace the gov'ts at the town and community level, go town by town.. then work our way up to taking over the state.. (don't think we'll ever be able to attain a majority over the entitlement class in the cities)/





that was the Basis for the book Molen Labe ....... Libertarians move to Wyoming ... start with county and town Gov. .... then a few members of the state house .... 15 yrs later - pretty much control the state, putting in place fiscal Conservative ideals - while the country slides further left into socialism

jetmonkey
07-11-2012, 08:23 AM
that was the Basis for the book Molen Labe ....... Libertarians move to Wyoming ... start with county and town Gov. .... then a few members of the state house .... 15 yrs later - pretty much control the state, putting in place fiscal Conservative ideals - while the country slides further left into socialism

How did they get rid of the soup kitchens, homeless shelters and welfare offices? :confused:

Larry Gude
07-11-2012, 08:26 AM
Show me in history where raising taxes helped an economy recover.. Raising ANY taxes..

Depends, as usual, on how we look at things.

WWII;

The American Economy during World War II | Economic History Services (http://eh.net/encyclopedia/article/tassava.WWII)

Taxation

However, these agencies were often quite successful in achieving their respective, narrower aims. The Department of the Treasury, for instance, was remarkably successful at generating money to pay for the war, including the first general income tax in American history and the famous "war bonds" sold to the public. Beginning in 1940, the government extended the income tax to virtually all Americans and began collecting the tax via the now-familiar method of continuous withholdings from paychecks (rather than lump-sum payments after the fact). The number of Americans required to pay federal taxes rose from 4 million in 1939 to 43 million in 1945. With such a large pool of taxpayers, the American government took in $45 billion in 1945, an enormous increase over the $8.7 billion collected in 1941 but still far short of the $83 billion spent on the war in 1945. Over that same period, federal tax revenue grew from about 8 percent of GDP to more than 20 percent. Americans who earned as little as $500 per year paid income tax at a 23 percent rate, while those who earned more than $1 million per year paid a 94 percent rate. The average income tax rate peaked in 1944 at 20.9 percent ("Fact Sheet: Taxes").

Clearly, our economy recovered and exploded because of WWII and taxes went up, tremendously.

The problem we have today is there is no goal, no focus for federal spending such as winning a war. We created jobs in manufacturing, building the weapons and supplies of war. That built tangible things, skills, a supply and infrastructure that went on to rebuild the world.

Now, we just piss it away in hand outs. We used to build fishing rods and boats, so to speak, so people could then go provide for themselves. Now, we just toss the seals fish. We got nothing from our wars the last decade but expenses.

Vince
07-11-2012, 08:30 AM
Hoyer was on Fox this morning interviewing on the vote to repeal obamacare. Basically telling everyone what we all know, it won't go through. Even if they vote to repeal, obamy won't sign it. Of course he was telling everyone how great obamacare is going to be. Gretchen Carlson pinned him down about the taxes it's going to create. :lol:

Larry Gude
07-11-2012, 08:40 AM
Maybe we should do like the Muslims did in Michigan.. Actively recruit conservatives to move to towns in MD, replace the gov'ts at the town and community level, go town by town.. then work our way up to taking over the state.. (don't think we'll ever be able to attain a majority over the entitlement class in the cities)/

If the Muslims can do it, why can't Conservatives??

Because Muslims have basic principles that are continuous and contiguous. I disagree with the principles but, there is unity.

American conservatives are not unified, at all. Many think the biggest problems we have are social.

Others have security in the status quo be it government protected Wall Street or other industries.

The true free market types are railing at the wind. And just as effective.

Good lord. What is a conservative? Limited government, right? That's not Mitt. That's not either of the Rick's or Newt. I'd die a happy man if it was Baynor or Cantor or Ryan but, every time they've had the upper hand, they give it away.

So, it's a nice idea but, it requires something the right lacks; similar basic principles to work from.

SamSpade
07-11-2012, 09:12 AM
We created jobs in manufacturing, building the weapons and supplies of war. That built tangible things, skills, a supply and infrastructure that went on to rebuild the world.


I think part of the problem here is that Democrats are still fighting WW2, so to speak. And the New Deal. They think building more infrastructure creates more jobs.

The thing is, THAT approach is finished.

If you build the Erie Canal, business will improve, right? So building ANOTHER canal should double it, right? That's the thinking they seem to demonstrate. Spend money on infrastructure projects so they will create jobs, but what they need to do is find the project that will generate commerce. Build a road to the gold mine, you get gold. Build two roads to the gold mine and you get jobs making a road - until it is built.

Larry Gude
07-11-2012, 09:24 AM
I think part of the problem here is that Democrats are still fighting WW2, so to speak. And the New Deal. They think building more infrastructure creates more jobs.

The thing is, THAT approach is finished.

If you build the Erie Canal, business will improve, right? So building ANOTHER canal should double it, right? That's the thinking they seem to demonstrate. Spend money on infrastructure projects so they will create jobs, but what they need to do is find the project that will generate commerce. Build a road to the gold mine, you get gold. Build two roads to the gold mine and you get jobs making a road - until it is built.

Were it only so. What did the stimulus build? Nothing. It simply provided money the states didn't have to keep paying public workers that, setting aside what they do provide, have jobs that live off of taxes and do NOT create wealth.

ObamaCare doesn't create anything. People already have access to all sorts of health care. New demand for doctors, nurses, logistics, hospitals, will be minimal. It, ObamaCare, will just extract more money from the economy, like the stimulus, that doesn't create any wealth, except for the insurance companies who are not very likely to lower premiums in response to this enormous windfall.

If they, the D's, were still fighting WWII, Keystone would already be being constructed. They'd be pushing to get nuke power built, not windmills. They'd be looking for ways, regulatory easing, to make it a good idea to make things here at home instead of stuff being built in China and shipped here.

WWII Dems saw us as the good guys. Modern Dems do not. Sadly, globalists, neo cons, on our side don't see us as the good guys either. WWII was about America First.

jetmonkey
07-11-2012, 09:35 AM
ObamaCare doesn't create anything.

The Patient Protection and Affordable Care Act creates reams of regulations, new bureaucrats and IRS agents :yay:

Larry Gude
07-11-2012, 09:38 AM
The Patient Protection and Affordable Care Act creates reams of regulations, new bureaucrats and IRS agents :yay:

I see your point but, those are more jobs that must be supported by the general economy and add no wealth.

PsyOps
07-11-2012, 09:55 AM
Has to be the stupidest thing I've ever heard. Hey the economy is in the ####, lets take even more money from people. ####ing brilliant.

I think I can change your mind...

Ob3gnS8D_fY

SamSpade
07-11-2012, 10:00 AM
I think I can change your mind...

Ob3gnS8D_fY

Every time I watch this video, the only thing that makes sense is, this guy is hammered. He sure sounds like it. Some of his supporters claim he was being tongue in cheek, that he was plainly joking. He doesn't sound it - he sounds mildly delirious.

Either that or he is seriously the stupidest man in America. And spent twenty years on the bench being a moron.

PsyOps
07-11-2012, 10:11 AM
Every time I watch this video, the only thing that makes sense is, this guy is hammered. He sure sounds like it. Some of his supporters claim he was being tongue in cheek, that he was plainly joking. He doesn't sound it - he sounds mildly delirious.

Either that or he is seriously the stupidest man in America. And spent twenty years on the bench being a moron.

Devoid of any confirmation that Johnson was speaking tongue-in-cheek, you have to conclude that this is one of the stupidest things we’ve ever heard.

But to the bigger point... what is there to say about the people that put him in office?


SEO by vBSEO 3.6.0 ©2011, Crawlability, Inc.