Obama promises more than 600,000 stim...

Obama promises more than 600,000 stimulus jobs

There are 109535 comments on the Newsday story from Jun 8, 2009, titled Obama promises more than 600,000 stimulus jobs. In it, Newsday reports that:

President Barack Obama promised Monday to deliver more than 600,000 jobs through his $787 billion stimulus plan this summer, with federal agencies pumping billions into public works projects, schools and summer youth programs.

Join the discussion below, or Read more at Newsday.

Since: Aug 07

South Central Virginia

#115023 May 14, 2012
Teddy R wrote:
<quoted text>
They already are.
They already have to file corporate tax returns and pay taxes - just as individuals do.
So what's your problem?
No, they are not. They are allowed exemptions and deducations which working tax payers are not allowed. When I say like inndividuals, I mean exactly like individuals. They get to right off their capital expenses, individuals should have the same right.

Since: Aug 07

South Central Virginia

#115024 May 14, 2012
Teddy R wrote:
<quoted text>
No, fool.
If you are a SHAREHOLDER in XYZ Corp, if you are taxed on your share of what XYZ Corp made AFTER TAXES, that's double taxation.
But currently, XYZ gets to deduct their expenses to include wages so that does not happen. Further, if I hire someone to mow my lawn, and I pay them to do so, why shouldn't I be able to deduct that from my taxes?
Teddy R

Abu Dhabi, UAE

#115025 May 14, 2012
okboston wrote:
<quoted text>
No, it was about money and its relationship to power. My justification is not misused at all; however, your knowledge of Jefferson and money and power is misused.
"Taxes should be proportioned to what may be annually spared by the individual." --Thomas Jefferson to James Madison, 1784. FE 4:15, Papers 7:557
"Another means of silently lessening the inequality of property is to exempt all from taxation below a certain point, and to tax the higher portions of property in geometrical progression as they rise." --Thomas Jefferson to James Madison, 1785. ME 19:18, Papers 8:682
"The collection of taxes... has been as yet only by duties on consumption. As these fall principally on the rich, it is a general desire to make them contribute the whole money we want, if possible. And we have a hope that they will furnish enough for the expenses of government and the interest of our whole public debt, foreign and domestic." --Thomas Jefferson to Comte de Moustier, 1790. ME 8:110
"The rich alone use imported articles, and on these alone the whole taxes of the General Government are levied.... Our revenues liberated by the discharge of the public debt, and its surplus applied to canals, roads, schools, etc., the farmer will see his government supported, his children educated, and the face of his country made a paradise by the contributions of the rich alone, without his being called on to spend a cent from his earnings." --Thomas Jefferson to Thaddeus Kosciusko, 1811. ME 13:41
And a complete article on the Founding Fathers and the Estate Tax from "The Economist"
http://www.economist.com/blogs/lexington/2010...
It is evident that Jefferson had no problem making the wealthy, not the lower class pay taxes and a greater share of taxes.
Jefferson's views did not prevail.

And we may thank God for it.

If Jefferson had his way, we'd still all be hoeing potatoes and shitting in a bucket.

Brilliant man - but absolutely clueless about money and finance.
Teddy R

Abu Dhabi, UAE

#115026 May 14, 2012
okboston wrote:
<quoted text>
No, they are not. They are allowed exemptions and deducations which working tax payers are not allowed. When I say like inndividuals, I mean exactly like individuals. They get to right off their capital expenses, individuals should have the same right.
Self-employed individuals do, fool.

Since: Aug 07

South Central Virginia

#115027 May 14, 2012
Say the Truth wrote:
<quoted text>
Works for me.
Fairtax.org

It is 23% inclusive or 30% exclusive only if you think there will be 100% compliance. Non-compliance (on stolen goods as an example) and the rate has to go up. Non-compliance from small business doing back door business (on services such as plumbing, sewer, roofing, etc.. this it easy) causes the rate to go up. Changes in spending habits cause it to go up.

If you are going to do it, do away with all other taxes and make it apply to 100% of all income regardless of source. The rate will still be over 17%.

Since: Aug 07

South Central Virginia

#115028 May 14, 2012
Teddy R wrote:
<quoted text>
Jefferson's views did not prevail.
And we may thank God for it.
If Jefferson had his way, we'd still all be hoeing potatoes and shitting in a bucket.
Brilliant man - but absolutely clueless about money and finance.
Nice to see you admit your error.
Teddy R

Abu Dhabi, UAE

#115029 May 14, 2012
okboston wrote:
<quoted text>
The rate will still be over 17%.
Not after we slash the over-bloated fed government back down to sustainable limits <18% of GDP.

That's still manadatory.
Teddy R

Abu Dhabi, UAE

#115030 May 14, 2012
okboston wrote:
<quoted text>
But currently, XYZ gets to deduct their expenses to include wages so that does not happen. Further, if I hire someone to mow my lawn, and I pay them to do so, why shouldn't I be able to deduct that from my taxes?
You're totally clueless - well beyond my ability or interest to educate.

Done.
Politics as usual

Huntington Station, NY

#115031 May 14, 2012
there is a big difference between having taxes on consumption and our form of income taxes.

even the rich have the choice of whether to buy a specific item, if they don't want to pay the tax/duty, then they don't have to buy the product.

on the other hand today people have no choice but to pay income taxes, and then the government takes the money and wastes it on kickbacks, scams like solyndra, bloated government and outright waste.

Since: Aug 07

South Central Virginia

#115032 May 14, 2012
Teddy R wrote:
<quoted text>
Not after we slash the over-bloated fed government back down to sustainable limits <18% of GDP.
That's still manadatory.
Think. An 18% tax on income will not equal 18% of GDP in spending. GDP is so much more than salaries. Just as an instance, the cost of financing and the cost of raw materials.

Since: Aug 07

South Central Virginia

#115033 May 14, 2012
Politics as usual wrote:
there is a big difference between having taxes on consumption and our form of income taxes.
even the rich have the choice of whether to buy a specific item, if they don't want to pay the tax/duty, then they don't have to buy the product.
on the other hand today people have no choice but to pay income taxes, and then the government takes the money and wastes it on kickbacks, scams like solyndra, bloated government and outright waste.
Yes, and each decision not to purchase a product puts another American out of work. Oh well, we can always go to a part time, non-paid volunteer military.
Teddy R

Abu Dhabi, UAE

#115034 May 14, 2012
okboston wrote:
<quoted text>
Think. An 18% tax on income will not equal 18% of GDP in spending. GDP is so much more than salaries. Just as an instance, the cost of financing and the cost of raw materials.
Think. The federal Income Tax we're talking about here currently accounts for just under HALF of - only 56.8% of total federal revenues even if Corporate Tax is included.

Look, OKB - you've finally convinced me you're terminally clueless about money and public finance, just like your main man Mr. Jefferson.

The Magic Money Tree works for you - just as any religion works for those who are unequipped to deal with the realities of life, I can see that.

How about you just cozy up with your Progressive MMT theological cuddle blanket and we'll just leave the discussion of taxes and public finance right here - I've tired of chasing your non-linear mind around on the subject.

Trollface?

Teddy R

Abu Dhabi, UAE

#115035 May 14, 2012
*currently accounts for just under HALF of total federal revenues - only 56.8% of total federal revenues even if Corporate Tax is included.
david

United States

#115036 May 14, 2012
test
missy

Gloversville, NY

#115038 May 15, 2012
new obama work program http://youtu.be/0ppCMc0rjhY

Since: Aug 07

South Central Virginia

#115039 May 15, 2012
Teddy R wrote:
<quoted text>
Think. The federal Income Tax we're talking about here currently accounts for just under HALF of - only 56.8% of total federal revenues even if Corporate Tax is included.
Look, OKB - you've finally convinced me you're terminally clueless about money and public finance, just like your main man Mr. Jefferson.
The Magic Money Tree works for you - just as any religion works for those who are unequipped to deal with the realities of life, I can see that.
How about you just cozy up with your Progressive MMT theological cuddle blanket and we'll just leave the discussion of taxes and public finance right here - I've tired of chasing your non-linear mind around on the subject.
Trollface?
I have been pretty clear in my posts, a flat tax should replace all taxes and be imposed on all income regardless of source.

This whole concept of punishing workers and rewarding those fortunate enough to inherit a fortune such as the Walton heirs is ruining our nation.

Since: Aug 07

South Central Virginia

#115040 May 15, 2012
Teddy R wrote:
*currently accounts for just under HALF of total federal revenues - only 56.8% of total federal revenues even if Corporate Tax is included.
So which is it, just under half or ONLY 56.8%?

And you keep claiming I am the one with the understanding problem.

And you just dissed Jefferson on his understanding of economics and taxation.

And the best part is, this is so normal with you that you are not even embarrassed by it.

You can hurl all the personal insults you want. I can too. The difference is, I can relate mine directly to what you post.

“"U.S. Constitution"”

Since: Mar 09

Tea-Party

#115042 May 15, 2012
A friend of mine just got cut of off unemployment three months early. So now she has been dropped and she is counted as another job created by Ovomit even though she is still unemployed. I wonder how many people have been done the same way by the democrats to boost job creation. Obama the Muslim liar has got to go. The only thing Obama has done is hurt my America.

Since: Aug 07

South Central Virginia

#115043 May 15, 2012
Dee Lay wrote:
A friend of mine just got cut of off unemployment three months early. So now she has been dropped and she is counted as another job created by Ovomit even though she is still unemployed. I wonder how many people have been done the same way by the democrats to boost job creation. Obama the Muslim liar has got to go. The only thing Obama has done is hurt my America.
Not true. As long as she actively looks for a job she will be counted as unemployed.

But it does lend light to your lie. The right wants to cut unemployment back so people drop off earlier using the reasoning that they don't get a job because they can get unemployment for nothing.

So how are all these people dropping out the back door without getting jobs?

“"U.S. Constitution"”

Since: Mar 09

Tea-Party

#115044 May 15, 2012
Guinness Drinker wrote:
a politician making promises ? no such thing
The medical report from George Zimmermanís family doctor after the Trayvon Martin shooting shows that Zimmermanís nose was broken; he also had a pair of black eyes, two lacerations on the back of his head, a bruised upper lip, and a back injury. He was examined by the doctor the day after the shooting. The three-page medical report will likely be used as evidence for the defense.
Meanwhile, the Trayvon Martin autopsy shows that other than his gunshot wound, the only injury on Martin was that the skin on his knuckles was broken. Combined with the evidence from Zimmerman's medical report, the logical conclusion is that Martin was beating up Zimmerman severely before Zimmerman shot him.

http://www.breitbart.com/Big-Government/2012/ ...

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