OT: So the debt grows…

[SD Transplant]

This ought to cover most of the data points w/ plenty of supporting evidence 🙂

http://www.zerohedge.com/article/america-laughs-jon-stewart-explains-how-ben-bernanke-robbing-it-blind

[nocommonsense]

Original poster:

You’re thinking it the wrong way. In effect you’re giving the government the right to increase/keep taxation as any level it wishes in order to sustain its spending.

Instead, what’s wrong with looking at the revevue and planning the spending accordingly, just like any individule/family does? Clearly, and clearly government spending has been OUT OF CONTROL!

[nocommonsense]

Original poster:

You’re thinking it the wrong way. In effect you’re giving the government the right to increase/keep taxation as any level it wishes in order to sustain its spending.

Instead, what’s wrong with looking at the revevue and planning the spending accordingly, just like any individule/family does? Clearly, and clearly government spending has been OUT OF CONTROL!

[nocommonsense]

Original poster:

You’re thinking it the wrong way. In effect you’re giving the government the right to increase/keep taxation as any level it wishes in order to sustain its spending.

Instead, what’s wrong with looking at the revevue and planning the spending accordingly, just like any individule/family does? Clearly, and clearly government spending has been OUT OF CONTROL!

[nocommonsense]

Original poster:

You’re thinking it the wrong way. In effect you’re giving the government the right to increase/keep taxation as any level it wishes in order to sustain its spending.

Instead, what’s wrong with looking at the revevue and planning the spending accordingly, just like any individule/family does? Clearly, and clearly government spending has been OUT OF CONTROL!

[nocommonsense]

Original poster:

You’re thinking it the wrong way. In effect you’re giving the government the right to increase/keep taxation as any level it wishes in order to sustain its spending.

Instead, what’s wrong with looking at the revevue and planning the spending accordingly, just like any individule/family does? Clearly, and clearly government spending has been OUT OF CONTROL!

[nocommonsense]

[quote=ocrenter]
The truth about the over 250k class is this: If their income over 250k is tax’d heavily, it would be their incentive to spend that > 250k income as much as possible in the form of business related deductions. If their over 250k income is not taxed as heavily, they just end up saving it or investing in financial holdings.[/quote]

Not trying to attack you–just using your comment to make a point. Whatever one does with his income (above $250K or not) is not the government’s damn business, and is no excuse to use to rob his money via unfair and excessive taxation.

It’s this same “thug” logic that the communist countries used to rob the “rich” to give to the “poor”.

[nocommonsense]

[quote=ocrenter]
The truth about the over 250k class is this: If their income over 250k is tax’d heavily, it would be their incentive to spend that > 250k income as much as possible in the form of business related deductions. If their over 250k income is not taxed as heavily, they just end up saving it or investing in financial holdings.[/quote]

Not trying to attack you–just using your comment to make a point. Whatever one does with his income (above $250K or not) is not the government’s damn business, and is no excuse to use to rob his money via unfair and excessive taxation.

It’s this same “thug” logic that the communist countries used to rob the “rich” to give to the “poor”.

[nocommonsense]

[quote=ocrenter]
The truth about the over 250k class is this: If their income over 250k is tax’d heavily, it would be their incentive to spend that > 250k income as much as possible in the form of business related deductions. If their over 250k income is not taxed as heavily, they just end up saving it or investing in financial holdings.[/quote]

Not trying to attack you–just using your comment to make a point. Whatever one does with his income (above $250K or not) is not the government’s damn business, and is no excuse to use to rob his money via unfair and excessive taxation.

It’s this same “thug” logic that the communist countries used to rob the “rich” to give to the “poor”.

[nocommonsense]

[quote=ocrenter]
The truth about the over 250k class is this: If their income over 250k is tax’d heavily, it would be their incentive to spend that > 250k income as much as possible in the form of business related deductions. If their over 250k income is not taxed as heavily, they just end up saving it or investing in financial holdings.[/quote]

Not trying to attack you–just using your comment to make a point. Whatever one does with his income (above $250K or not) is not the government’s damn business, and is no excuse to use to rob his money via unfair and excessive taxation.

It’s this same “thug” logic that the communist countries used to rob the “rich” to give to the “poor”.

[nocommonsense]

[quote=ocrenter]
The truth about the over 250k class is this: If their income over 250k is tax’d heavily, it would be their incentive to spend that > 250k income as much as possible in the form of business related deductions. If their over 250k income is not taxed as heavily, they just end up saving it or investing in financial holdings.[/quote]

Not trying to attack you–just using your comment to make a point. Whatever one does with his income (above $250K or not) is not the government’s damn business, and is no excuse to use to rob his money via unfair and excessive taxation.

It’s this same “thug” logic that the communist countries used to rob the “rich” to give to the “poor”.

[ocrenter]

[quote=nocommonsense]

Not trying to attack you–just using your comment to make a point. Whatever one does with his income (above $250K or not) is not the government’s damn business, and is no excuse to use to rob his money via unfair and excessive taxation.

It’s this same “thug” logic that the communist countries used to rob the “rich” to give to the “poor”.[/quote]

every issue in this country is now reduced to communist this or fascist that…

very sad

[ocrenter]

[quote=nocommonsense]

Not trying to attack you–just using your comment to make a point. Whatever one does with his income (above $250K or not) is not the government’s damn business, and is no excuse to use to rob his money via unfair and excessive taxation.

It’s this same “thug” logic that the communist countries used to rob the “rich” to give to the “poor”.[/quote]

every issue in this country is now reduced to communist this or fascist that…

very sad

[ocrenter]

[quote=nocommonsense]

Not trying to attack you–just using your comment to make a point. Whatever one does with his income (above $250K or not) is not the government’s damn business, and is no excuse to use to rob his money via unfair and excessive taxation.

It’s this same “thug” logic that the communist countries used to rob the “rich” to give to the “poor”.[/quote]

every issue in this country is now reduced to communist this or fascist that…

very sad

[ocrenter]

[quote=nocommonsense]

Not trying to attack you–just using your comment to make a point. Whatever one does with his income (above $250K or not) is not the government’s damn business, and is no excuse to use to rob his money via unfair and excessive taxation.

It’s this same “thug” logic that the communist countries used to rob the “rich” to give to the “poor”.[/quote]

every issue in this country is now reduced to communist this or fascist that…

very sad

[Author]

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