• Log InLog In
  • Register
Liquid`
Team Liquid Liquipedia
EDT 16:06
CEST 22:06
KST 05:06
  • Home
  • Forum
  • Calendar
  • Streams
  • Liquipedia
  • Features
  • Store
  • EPT
  • TL+
  • StarCraft 2
  • Brood War
  • Smash
  • Heroes
  • Counter-Strike
  • Overwatch
  • Liquibet
  • Fantasy StarCraft
  • TLPD
  • StarCraft 2
  • Brood War
  • Blogs
Forum Sidebar
Events/Features
News
Featured News
uThermal's 2v2 Tour: $15,000 Main Event10Serral wins EWC 202543Tournament Spotlight: FEL Cracow 202510Power Rank - Esports World Cup 202580RSL Season 1 - Final Week9
Community News
SC2's Safe House 2 - October 18 & 195Weekly Cups (Jul 28-Aug 3): herO doubles up6LiuLi Cup - August 2025 Tournaments5[BSL 2025] H2 - Team Wars, Weeklies & SB Ladder10EWC 2025 - Replay Pack4
StarCraft 2
General
uThermal's 2v2 Tour: $15,000 Main Event The GOAT ranking of GOAT rankings TL Team Map Contest #5: Presented by Monster Energy Rogue Talks: "Koreans could dominate again" RSL Revival patreon money discussion thread
Tourneys
Global Tourney for College Students in September RSL: Revival, a new crowdfunded tournament series SC2's Safe House 2 - October 18 & 19 Sparkling Tuna Cup - Weekly Open Tournament LiuLi Cup - August 2025 Tournaments
Strategy
Custom Maps
External Content
Mutation # 486 Watch the Skies Mutation # 485 Death from Below Mutation # 484 Magnetic Pull Mutation #239 Bad Weather
Brood War
General
BGH Auto Balance -> http://bghmmr.eu/ StarCon Philadelphia ASL Season 20 Ro24 Groups BW General Discussion BSL Team Wars - Bonyth, Dewalt, Hawk & Sziky teams
Tourneys
[Megathread] Daily Proleagues KCM 2025 Season 3 Small VOD Thread 2.0 [ASL20] Online Qualifiers Day 2
Strategy
Fighting Spirit mining rates [G] Mineral Boosting Simple Questions, Simple Answers Muta micro map competition
Other Games
General Games
Stormgate/Frost Giant Megathread Nintendo Switch Thread Total Annihilation Server - TAForever Beyond All Reason [MMORPG] Tree of Savior (Successor of Ragnarok)
Dota 2
Official 'what is Dota anymore' discussion
League of Legends
Heroes of the Storm
Simple Questions, Simple Answers Heroes of the Storm 2.0
Hearthstone
Heroes of StarCraft mini-set
TL Mafia
TL Mafia Community Thread Vanilla Mini Mafia
Community
General
Russo-Ukrainian War Thread US Politics Mega-thread Things Aren’t Peaceful in Palestine The Games Industry And ATVI European Politico-economics QA Mega-thread
Fan Clubs
INnoVation Fan Club SKT1 Classic Fan Club!
Media & Entertainment
Anime Discussion Thread [\m/] Heavy Metal Thread [Manga] One Piece Movie Discussion! Korean Music Discussion
Sports
2024 - 2025 Football Thread Formula 1 Discussion TeamLiquid Health and Fitness Initiative For 2023
World Cup 2022
Tech Support
Gtx660 graphics card replacement Installation of Windows 10 suck at "just a moment" Computer Build, Upgrade & Buying Resource Thread
TL Community
TeamLiquid Team Shirt On Sale The Automated Ban List
Blogs
Gaming After Dark: Poor Slee…
TrAiDoS
[Girl blog} My fema…
artosisisthebest
Sharpening the Filtration…
frozenclaw
ASL S20 English Commentary…
namkraft
from making sc maps to makin…
Husyelt
Blog #2
tankgirl
Customize Sidebar...

Website Feedback

Closed Threads



Active: 663 users

President Obama Re-Elected - Page 728

Forum Index > General Forum
Post a Reply
Prev 1 726 727 728 729 730 1504 Next
Hey guys! We'll be closing this thread shortly, but we will make an American politics megathread where we can continue the discussions in here.

The new thread can be found here: http://www.teamliquid.net/forum/viewmessage.php?topic_id=383301
JonnyBNoHo
Profile Joined July 2011
United States6277 Posts
October 10 2012 17:08 GMT
#14541
On October 10 2012 18:12 paralleluniverse wrote:
Show nested quote +
On October 10 2012 09:03 JonnyBNoHo wrote:
On October 10 2012 07:18 paralleluniverse wrote:
On October 10 2012 02:13 JonnyBNoHo wrote:
On October 10 2012 01:49 paralleluniverse wrote:
On October 10 2012 01:24 xDaunt wrote:
On October 10 2012 01:11 paralleluniverse wrote:
On October 10 2012 01:06 xDaunt wrote:
On October 10 2012 00:57 oneofthem wrote:
it doesn't matter if biden is dumb as a rock, what matters is that ryan's actual policy proposals are DEADLY to romney's chances if biden could manage to get him to repeat them. particularly ryans' stance on the medical programs. get him to go into actual policy and stay far away from tea party puff clouds and biden can do just fine.

and of course ryan's policies are actually hilariously bad and i guess that's what "intellectual horses" gets you nowadays.

You do realize that Ryan's policies don't matter anymore, right? Ryan has to push Romney's policies, which he is doing and has been doing since he was selected as VP.

As for Ryan's policies, I'm always amused by how liberals view conservative policies with such unwarranted and uninformed condescension. It's no more effective than repeatedly bellowing that Romney lied his ass off throughout the entire debate with Obama. That's okay, though. I like it when the other party is running thoroughly off the rails.

Clearly, the truth doesn't matter to you. Only the performance, optics, and spin do.

Depends upon what "truth" you are talking about: the cartoonish caricature of Romney that the left has been crafting over the past six months or the nearly indefensible record of a four-year, failed presidency? I think it's pretty clear which "truth" matters more to the electorate.

Caricature? We've debunked this many times. And we (not you) have discussed this to death on this thread already. Yes, Romney has a plan to cut taxes by 20%, it's on his own website so how is that a caricature? No, it's not possible to make up $5T in loss revenue by closing loopholes. No, Romney's plan does not cover preexisting conditions, it's the same as the current law, he's own aide even said so after the debate. It's hard to pin down Romney's policies, because he keeps flip-flopping.

But, again, we (not you) have already gone over this to death. If you had a problem with our characterization of Romney's plan why didn't you say something when we were discussing this? Oh, because you never talk about substance and policy, you just talk about optics and make cocky remarks about Obama being fucked.

That's not correct. There are, in fact, enough tax expenditures available to make the 20% cut revenue neutral.

Prove it,

Ok, no problem.

http://www.taxpolicycenter.org/UploadedPDF/1001628-Base-Broadening-Tax-Reform.pdf

in order to offset $360 billion in cuts, one must eliminate 65 percent of all of the available $551 billion in tax expenditures.


So, according to the TPC there are plenty tax expenditures available to pay for a 20% cut in rates. Now, if you want to rephrase your statement to include other issues like the progressiveness of the tax system then you'd have a point. Kinda.

If you go back to Simpson-Bowles large rate cuts were possible to pay for by broadening the base with the after-effect of increasing the progressiveness of the tax code. There are of course differences between Simpson-Bowles and Romney's plan that make maintaining the progressiveness of the tax code harder, namely the desire to eliminate the estate tax and maintain current rates on investment, but as we've discussed before what constitutes a tax expenditure that promotes savings and investment is debatable and so it is hard to be conclusive.

And before you get all uppity about Romney over promising (*gasp* a politician that over promises!) let's not forget about the, ahem, 'creative accounting' that makes Obamacare possible.

In in the very next paragraph it says:
Show nested quote +
In addition, this poses a direct challenge to preserving the same distribution of tax burdens as under the existing tax schedule because many of these available tax expenditures were designed to benefit lower- and middle-income households. For instance, Figure 2 compare the revenue arising from tax rate cuts and AMT and estate tax relief to the potential revenue that could be raised by eliminating the non-protected tax expenditures, by income group. The revenue reductions are concentrated in the middle- and higher-income levels, but the potential revenue raisers are even more concentrated among lower- and middle-income taxpayers. For the top income groups, revenue losses greatly outweigh the potential revenue available from base broadening.
As a result, it is not mathematically possible to design a revenue-neutral plan that preserves current incentives for savings and investment and that does not result in a net tax cut for high-income taxpayers and a net tax increase for lower- and/or middle-income taxpayers under the assumptions we have described above. This means that even if tax expenditures are eliminated in a way designed to make the resulting tax system as progressive as possible, there would still be a shift in the tax burden of roughly $86 billion from those making over $200,000 to those making less than that amount


And then it shows this graph:
[image loading]

This graphs shows that at the top, there isn't enough loopholes to close, such that the rich don't get a net tax cut. But isn't that what Romney said in the debate? That the rich won't be getting a tax cut. Well, it's not possible under his plan for the rich not to get a net tax cut. Another lie.

And at the bottom? That's where most of the deductions are that are needed to make his plan revenue neutral. He would have to eliminate these loopholes, increasing net taxes on the poor and middle class to make it work.


The graph shows that there aren't enough tax expenditures to close on the rich if you use the TPC's assumptions about what is on the table / off the table. As I've said before, there's plenty of room to change those assumptions.
JonnyBNoHo
Profile Joined July 2011
United States6277 Posts
October 10 2012 17:12 GMT
#14542
On October 10 2012 18:19 paralleluniverse wrote:
Here's what I find both ironic and sad about most of the Republican/Romney supporters in this thread.

Before the debate, where were you saying that Romney's healthcare plan covers preexisting conditions? When did you deny that Romney had a $5T tax plan? When did you argue that Romney was not going to reduce taxes on the rich?

I don't recall seeing any of these points before the debate. But ever since Romney made these declarations in the debate, you're now suddenly all out in force pedaling his flip-flops and lies as if they always were.

"We are at war with Eastasia. We have always been at war with Eastasia."


I still find it sad that no one supporting Obama is articulating exactly what the guy will do with another 4 years beyond throwing out old bills that have already been voted down.

So I guess its hope for a change in Congress...
TheTenthDoc
Profile Blog Joined February 2011
United States9561 Posts
Last Edited: 2012-10-10 17:34:31
October 10 2012 17:31 GMT
#14543
On October 11 2012 02:08 JonnyBNoHo wrote:
Show nested quote +
On October 10 2012 18:12 paralleluniverse wrote:
On October 10 2012 09:03 JonnyBNoHo wrote:
On October 10 2012 07:18 paralleluniverse wrote:
On October 10 2012 02:13 JonnyBNoHo wrote:
On October 10 2012 01:49 paralleluniverse wrote:
On October 10 2012 01:24 xDaunt wrote:
On October 10 2012 01:11 paralleluniverse wrote:
On October 10 2012 01:06 xDaunt wrote:
On October 10 2012 00:57 oneofthem wrote:
it doesn't matter if biden is dumb as a rock, what matters is that ryan's actual policy proposals are DEADLY to romney's chances if biden could manage to get him to repeat them. particularly ryans' stance on the medical programs. get him to go into actual policy and stay far away from tea party puff clouds and biden can do just fine.

and of course ryan's policies are actually hilariously bad and i guess that's what "intellectual horses" gets you nowadays.

You do realize that Ryan's policies don't matter anymore, right? Ryan has to push Romney's policies, which he is doing and has been doing since he was selected as VP.

As for Ryan's policies, I'm always amused by how liberals view conservative policies with such unwarranted and uninformed condescension. It's no more effective than repeatedly bellowing that Romney lied his ass off throughout the entire debate with Obama. That's okay, though. I like it when the other party is running thoroughly off the rails.

Clearly, the truth doesn't matter to you. Only the performance, optics, and spin do.

Depends upon what "truth" you are talking about: the cartoonish caricature of Romney that the left has been crafting over the past six months or the nearly indefensible record of a four-year, failed presidency? I think it's pretty clear which "truth" matters more to the electorate.

Caricature? We've debunked this many times. And we (not you) have discussed this to death on this thread already. Yes, Romney has a plan to cut taxes by 20%, it's on his own website so how is that a caricature? No, it's not possible to make up $5T in loss revenue by closing loopholes. No, Romney's plan does not cover preexisting conditions, it's the same as the current law, he's own aide even said so after the debate. It's hard to pin down Romney's policies, because he keeps flip-flopping.

But, again, we (not you) have already gone over this to death. If you had a problem with our characterization of Romney's plan why didn't you say something when we were discussing this? Oh, because you never talk about substance and policy, you just talk about optics and make cocky remarks about Obama being fucked.

That's not correct. There are, in fact, enough tax expenditures available to make the 20% cut revenue neutral.

Prove it,

Ok, no problem.

http://www.taxpolicycenter.org/UploadedPDF/1001628-Base-Broadening-Tax-Reform.pdf

in order to offset $360 billion in cuts, one must eliminate 65 percent of all of the available $551 billion in tax expenditures.


So, according to the TPC there are plenty tax expenditures available to pay for a 20% cut in rates. Now, if you want to rephrase your statement to include other issues like the progressiveness of the tax system then you'd have a point. Kinda.

If you go back to Simpson-Bowles large rate cuts were possible to pay for by broadening the base with the after-effect of increasing the progressiveness of the tax code. There are of course differences between Simpson-Bowles and Romney's plan that make maintaining the progressiveness of the tax code harder, namely the desire to eliminate the estate tax and maintain current rates on investment, but as we've discussed before what constitutes a tax expenditure that promotes savings and investment is debatable and so it is hard to be conclusive.

And before you get all uppity about Romney over promising (*gasp* a politician that over promises!) let's not forget about the, ahem, 'creative accounting' that makes Obamacare possible.

In in the very next paragraph it says:
In addition, this poses a direct challenge to preserving the same distribution of tax burdens as under the existing tax schedule because many of these available tax expenditures were designed to benefit lower- and middle-income households. For instance, Figure 2 compare the revenue arising from tax rate cuts and AMT and estate tax relief to the potential revenue that could be raised by eliminating the non-protected tax expenditures, by income group. The revenue reductions are concentrated in the middle- and higher-income levels, but the potential revenue raisers are even more concentrated among lower- and middle-income taxpayers. For the top income groups, revenue losses greatly outweigh the potential revenue available from base broadening.
As a result, it is not mathematically possible to design a revenue-neutral plan that preserves current incentives for savings and investment and that does not result in a net tax cut for high-income taxpayers and a net tax increase for lower- and/or middle-income taxpayers under the assumptions we have described above. This means that even if tax expenditures are eliminated in a way designed to make the resulting tax system as progressive as possible, there would still be a shift in the tax burden of roughly $86 billion from those making over $200,000 to those making less than that amount


And then it shows this graph:
[image loading]

This graphs shows that at the top, there isn't enough loopholes to close, such that the rich don't get a net tax cut. But isn't that what Romney said in the debate? That the rich won't be getting a tax cut. Well, it's not possible under his plan for the rich not to get a net tax cut. Another lie.

And at the bottom? That's where most of the deductions are that are needed to make his plan revenue neutral. He would have to eliminate these loopholes, increasing net taxes on the poor and middle class to make it work.


The graph shows that there aren't enough tax expenditures to close on the rich if you use the TPC's assumptions about what is on the table / off the table. As I've said before, there's plenty of room to change those assumptions.


I think you're really arguing different points here. You're saying that there is a plan in existence that could make a 20% overall tax rate revenue neutral. The other side is saying that plan is incompatible with the promises Romney has made over the course of campaigning.

Do you agree or disagree that Romney will significantly have to walk back on at least one of the groups he has promised won't end up paying more taxes to implement a revenue-neutral proposal?


On October 11 2012 02:12 JonnyBNoHo wrote:
Show nested quote +
On October 10 2012 18:19 paralleluniverse wrote:
Here's what I find both ironic and sad about most of the Republican/Romney supporters in this thread.

Before the debate, where were you saying that Romney's healthcare plan covers preexisting conditions? When did you deny that Romney had a $5T tax plan? When did you argue that Romney was not going to reduce taxes on the rich?

I don't recall seeing any of these points before the debate. But ever since Romney made these declarations in the debate, you're now suddenly all out in force pedaling his flip-flops and lies as if they always were.

"We are at war with Eastasia. We have always been at war with Eastasia."


I still find it sad that no one supporting Obama is articulating exactly what the guy will do with another 4 years beyond throwing out old bills that have already been voted down.

So I guess its hope for a change in Congress...


There's zero reason to believe that a bill is bad just because it didn't pass, especially given that the makeup of Congress is likely to change significantly come November. I mean, a bill that gets voted down is not really indicative of the quality of the bill in the current political climate.

And if Congress doesn't change, it's not like Romney will get anything done either, so who cares? The Democrats in the Senate will just filibuster him to hell and back. "Compromise" is a fairy tale in the current climate, no matter what Romney or Obama says in the debates.
dvorakftw
Profile Blog Joined November 2011
681 Posts
October 10 2012 17:41 GMT
#14544
On October 10 2012 09:07 JonnyBNoHo wrote:
Show nested quote +
On October 10 2012 08:52 NeMeSiS3 wrote:
On October 10 2012 08:50 dvorakftw wrote:
On October 10 2012 07:42 rogzardo wrote:
Just to keep things in perspective. Education makes up 4% of the budget. Defense is 22%.

Be a dear and find us total government spending in the United States for education in billions of dollars.


You...
Do...
Know.....

That % spending is across the board, so whatever is spent as the 4% the 22% is going to reflect the difference in percentile lol.


Ermm, most education spending is at the state and local level... why are you looking at just the federal government's budget?

In 2012 the US will spend about $910B on education and $902B on defense.

http://www.usgovernmentspending.com/spending_chart_1997_2017USb_13s1li111mcn_20t30t


Aw. I wanted to see if they could figure it out for themselves. Well, I guess it's good you did because they seemed content to not bother and just remain indignant.

btw, for all the complaints a dozen pages ago about too much spending on 'explosions that look good on camera' you're in the same boat.

http://en.wikipedia.org/wiki/Military_budget_of_the_United_States

oneofthem
Profile Blog Joined November 2005
Cayman Islands24199 Posts
October 10 2012 17:43 GMT
#14545
there's always the supreme court to fight over.
We have fed the heart on fantasies, the heart's grown brutal from the fare, more substance in our enmities than in our love
dvorakftw
Profile Blog Joined November 2011
681 Posts
October 10 2012 17:44 GMT
#14546
On October 10 2012 09:15 NeMeSiS3 wrote:
Show nested quote +
On October 10 2012 09:07 JonnyBNoHo wrote:
On October 10 2012 08:52 NeMeSiS3 wrote:
On October 10 2012 08:50 dvorakftw wrote:
On October 10 2012 07:42 rogzardo wrote:
Just to keep things in perspective. Education makes up 4% of the budget. Defense is 22%.

Be a dear and find us total government spending in the United States for education in billions of dollars.


You...
Do...
Know.....

That % spending is across the board, so whatever is spent as the 4% the 22% is going to reflect the difference in percentile lol.


Ermm, most education spending is at the state and local level... why are you looking at just the federal government's budget?

In 2012 the US will spend about $910B on education and $902B on defense.

http://www.usgovernmentspending.com/spending_chart_1997_2017USb_13s1li111mcn_20t30t



I never argued the statistics were real I simply stated "Be a dear and find x money" when someone gives you a percentile that is supposed to match up is redundant, if you have a complaint or rebut just state it.

A better way would have been to show his numbers were off.


This page has absolutely nothing to do with the discussion. I just feel the title is appropriate.
ticklishmusic
Profile Blog Joined August 2011
United States15977 Posts
October 10 2012 17:49 GMT
#14547
[image loading]

seriously, try it for yourself.
(╯°□°)╯︵ ┻━┻
dvorakftw
Profile Blog Joined November 2011
681 Posts
October 10 2012 17:50 GMT
#14548
On October 10 2012 09:34 jdseemoreglass wrote:
Show nested quote +
On October 10 2012 09:07 JonnyBNoHo wrote:
On October 10 2012 08:52 NeMeSiS3 wrote:
On October 10 2012 08:50 dvorakftw wrote:
On October 10 2012 07:42 rogzardo wrote:
Just to keep things in perspective. Education makes up 4% of the budget. Defense is 22%.

Be a dear and find us total government spending in the United States for education in billions of dollars.


You...
Do...
Know.....

That % spending is across the board, so whatever is spent as the 4% the 22% is going to reflect the difference in percentile lol.


Ermm, most education spending is at the state and local level... why are you looking at just the federal government's budget?

In 2012 the US will spend about $910B on education and $902B on defense.

http://www.usgovernmentspending.com/spending_chart_1997_2017USb_13s1li111mcn_20t30t


Thank you for this. When I read the ridiculous 4% 22% I was gonna look up the real numbers but I either forgot or got lazy.

In any case, regardless of the actual numbers, I don't think anyone on the right or the left can make the case that we aren't spending too much on military. If the right is serious about cutting the deficit, then that is the first place to start.

Of course the case can be made for increased military spending.

And US military spending isn't what's going to cost us over 200 trillion dollars that we don't have.

FecalTank
Profile Joined March 2012
United States70 Posts
October 10 2012 17:51 GMT
#14549
On October 11 2012 02:49 ticklishmusic wrote:
[image loading]

seriously, try it for yourself.


Oh wow. This is hilarious.
"Why is it that one knows not what one will do in the future, nor what one thought of it back then?" | Goddamnit Oreki, it was right there.
JonnyBNoHo
Profile Joined July 2011
United States6277 Posts
October 10 2012 17:59 GMT
#14550
On October 11 2012 02:31 TheTenthDoc wrote:
Show nested quote +
On October 11 2012 02:08 JonnyBNoHo wrote:
On October 10 2012 18:12 paralleluniverse wrote:
On October 10 2012 09:03 JonnyBNoHo wrote:
On October 10 2012 07:18 paralleluniverse wrote:
On October 10 2012 02:13 JonnyBNoHo wrote:
On October 10 2012 01:49 paralleluniverse wrote:
On October 10 2012 01:24 xDaunt wrote:
On October 10 2012 01:11 paralleluniverse wrote:
On October 10 2012 01:06 xDaunt wrote:
[quote]
You do realize that Ryan's policies don't matter anymore, right? Ryan has to push Romney's policies, which he is doing and has been doing since he was selected as VP.

As for Ryan's policies, I'm always amused by how liberals view conservative policies with such unwarranted and uninformed condescension. It's no more effective than repeatedly bellowing that Romney lied his ass off throughout the entire debate with Obama. That's okay, though. I like it when the other party is running thoroughly off the rails.

Clearly, the truth doesn't matter to you. Only the performance, optics, and spin do.

Depends upon what "truth" you are talking about: the cartoonish caricature of Romney that the left has been crafting over the past six months or the nearly indefensible record of a four-year, failed presidency? I think it's pretty clear which "truth" matters more to the electorate.

Caricature? We've debunked this many times. And we (not you) have discussed this to death on this thread already. Yes, Romney has a plan to cut taxes by 20%, it's on his own website so how is that a caricature? No, it's not possible to make up $5T in loss revenue by closing loopholes. No, Romney's plan does not cover preexisting conditions, it's the same as the current law, he's own aide even said so after the debate. It's hard to pin down Romney's policies, because he keeps flip-flopping.

But, again, we (not you) have already gone over this to death. If you had a problem with our characterization of Romney's plan why didn't you say something when we were discussing this? Oh, because you never talk about substance and policy, you just talk about optics and make cocky remarks about Obama being fucked.

That's not correct. There are, in fact, enough tax expenditures available to make the 20% cut revenue neutral.

Prove it,

Ok, no problem.

http://www.taxpolicycenter.org/UploadedPDF/1001628-Base-Broadening-Tax-Reform.pdf

in order to offset $360 billion in cuts, one must eliminate 65 percent of all of the available $551 billion in tax expenditures.


So, according to the TPC there are plenty tax expenditures available to pay for a 20% cut in rates. Now, if you want to rephrase your statement to include other issues like the progressiveness of the tax system then you'd have a point. Kinda.

If you go back to Simpson-Bowles large rate cuts were possible to pay for by broadening the base with the after-effect of increasing the progressiveness of the tax code. There are of course differences between Simpson-Bowles and Romney's plan that make maintaining the progressiveness of the tax code harder, namely the desire to eliminate the estate tax and maintain current rates on investment, but as we've discussed before what constitutes a tax expenditure that promotes savings and investment is debatable and so it is hard to be conclusive.

And before you get all uppity about Romney over promising (*gasp* a politician that over promises!) let's not forget about the, ahem, 'creative accounting' that makes Obamacare possible.

In in the very next paragraph it says:
In addition, this poses a direct challenge to preserving the same distribution of tax burdens as under the existing tax schedule because many of these available tax expenditures were designed to benefit lower- and middle-income households. For instance, Figure 2 compare the revenue arising from tax rate cuts and AMT and estate tax relief to the potential revenue that could be raised by eliminating the non-protected tax expenditures, by income group. The revenue reductions are concentrated in the middle- and higher-income levels, but the potential revenue raisers are even more concentrated among lower- and middle-income taxpayers. For the top income groups, revenue losses greatly outweigh the potential revenue available from base broadening.
As a result, it is not mathematically possible to design a revenue-neutral plan that preserves current incentives for savings and investment and that does not result in a net tax cut for high-income taxpayers and a net tax increase for lower- and/or middle-income taxpayers under the assumptions we have described above. This means that even if tax expenditures are eliminated in a way designed to make the resulting tax system as progressive as possible, there would still be a shift in the tax burden of roughly $86 billion from those making over $200,000 to those making less than that amount


And then it shows this graph:
[image loading]

This graphs shows that at the top, there isn't enough loopholes to close, such that the rich don't get a net tax cut. But isn't that what Romney said in the debate? That the rich won't be getting a tax cut. Well, it's not possible under his plan for the rich not to get a net tax cut. Another lie.

And at the bottom? That's where most of the deductions are that are needed to make his plan revenue neutral. He would have to eliminate these loopholes, increasing net taxes on the poor and middle class to make it work.


The graph shows that there aren't enough tax expenditures to close on the rich if you use the TPC's assumptions about what is on the table / off the table. As I've said before, there's plenty of room to change those assumptions.


I think you're really arguing different points here. You're saying that there is a plan in existence that could make a 20% overall tax rate revenue neutral. The other side is saying that plan is incompatible with the promises Romney has made over the course of campaigning.

Do you agree or disagree that Romney will significantly have to walk back on at least one of the groups he has promised won't end up paying more taxes to implement a revenue-neutral proposal?

Well like I said in a previous post Romney almost certainly over promised... at least in terms of what people interpret his promises to be. For example, maintaining tax provisions that encourage savings and investment can be interpreted to mean a number of different things.

Now is Romney over promising a bad thing? Sure, but its also par for the course in politics and I don't think that the degree to which he has over promised is excessive by any means. A few tweaks around the edges and Romney's plan could be reworked to be more progressive... and he's expressed a willingness to embrace changes to his plan to make it work. Realistically his plan would most likely be reworked -- a lot -- on its journey through Congress and so arguing over a few details pre-election seems a waste.

In any case tax reform is an important issue to a lot of people. I think its sad that Obama didn't counter Romney by offering his own tax reform and has instead just insisted that a few parts of the Bush tax cut be allowed to expire.
dvorakftw
Profile Blog Joined November 2011
681 Posts
October 10 2012 18:04 GMT
#14551
On October 10 2012 09:41 rogzardo wrote:
Show nested quote +
On October 10 2012 09:34 jdseemoreglass wrote:
On October 10 2012 09:07 JonnyBNoHo wrote:
On October 10 2012 08:52 NeMeSiS3 wrote:
On October 10 2012 08:50 dvorakftw wrote:
On October 10 2012 07:42 rogzardo wrote:
Just to keep things in perspective. Education makes up 4% of the budget. Defense is 22%.

Be a dear and find us total government spending in the United States for education in billions of dollars.


You...
Do...
Know.....

That % spending is across the board, so whatever is spent as the 4% the 22% is going to reflect the difference in percentile lol.


Ermm, most education spending is at the state and local level... why are you looking at just the federal government's budget?

In 2012 the US will spend about $910B on education and $902B on defense.

http://www.usgovernmentspending.com/spending_chart_1997_2017USb_13s1li111mcn_20t30t


Thank you for this. When I read the ridiculous 4% 22% I was gonna look up the real numbers but I either forgot or got lazy.

In any case, regardless of the actual numbers, I don't think anyone on the right or the left can make the case that we aren't spending too much on military. If the right is serious about cutting the deficit, then that is the first place to start.


The federal budget allocates 4% to education, and 22% to defense. Check my link earlier. States and local governments pay the lion's share of education, though the overall amount of education spending is decreasing.


Yeah I'm going to have to ask for a source on that.

I can't get the actual image to link and I'm too lazy to look around but here's a picture of education spending that shows as a percent of GDP it's rarely been higher.

I'll grant it would not be surprising to see a decrease in the last few years as Obama has done such a thorough job of slowing the recovery of our economy, making funding resources more scarce.
dvorakftw
Profile Blog Joined November 2011
681 Posts
October 10 2012 18:21 GMT
#14552
On October 10 2012 09:43 Souma wrote:
Do we honestly think the right is serious about cutting the deficit?

Be a dear and tell the class what the deficit was in 2005, 2006, and 2007. In exchange I will tell you the deficits during Obama's term and we can compare.

While we may argue about whether it's possible to not raise taxes on the middle-class and remain revenue-neutral if we cut taxes by $4.8 trillion, it's a much tougher feat when we're also planning on raising defense spending by $2 trillion. And don't forget the repeal of Obamacare would add another $100 billion to the deficit.

If we were really serious about decreasing the deficit, we'd nationalize the healthcare system so Medicare wouldn't bite us in the ass. It also helps when employers don't have to worry about shelling out money for health insurance.

Okay, wow. Just wow. I don't even... I'm going to have to defer on this because I can't think of an appropriate response right now. That is just so.... Wow.
dvorakftw
Profile Blog Joined November 2011
681 Posts
October 10 2012 18:34 GMT
#14553
On October 10 2012 11:21 oneofthem wrote:
I don't actually know the answer to this but i suspect romney's pointed emphasis on increasing defense spending is a conscious political calculation to appeal to the ratchet-gear action of the military's expansion.

more precisely stated, the temporary war time expansion of military personnel increased the number of people dependent on military and made them more politically important, as well as the importance of military associated industry/contractors whathaveyou. this political balance shift means it is now harder to cut that entrenched interest down. romney is obviously not thinking about the good of anything when he is proposing the budget. he understands it as the cheapest way of purchasing political support. cheapest in terms of political cost obviously

this is actually a very libertarian idea. would be interesting to know the total number of military dependents, including their families.

So.... you are saying Romney figures a majority of Americans are dependent on military spending and will therefore vote for him. How many would you estimate? Maybe about 53%?
dvorakftw
Profile Blog Joined November 2011
681 Posts
October 10 2012 18:41 GMT
#14554
On October 10 2012 13:10 aksfjh wrote:
No longer are polls telling a new story.

Once I manage to wrap my head around the idea that the solution to government deficits is a complete takeover of health spending I'll see if I can find something for you.
Razakel
Profile Joined April 2011
Ireland466 Posts
October 10 2012 18:44 GMT
#14555
Obama on last week's debate: 'I was just too polite'


President Obama acknowledged criticism of last week’s debate performance from within his own party Wednesday, telling radio host Tom Joyner that the main problem was that he didn’t attack Mitt Romney.


“I think it’s fair to say I was just too polite, because, you know, it’s hard to sometimes just keep on saying, ‘And what you’re saying isn’t true,’” Obama said. “It gets repetitive. But, you know, the good news is, is that’s just the first one.”
The president added that in the next debate, scheduled for Oct. 16, “we will see a little more activity.” He also said that Vice President Biden would be “terrific” in his debate Thursday with Republican vice presidential nominee Rep. Paul Ryan.


Obama also pushed back against his own supporters’ doomsaying.


“By next week I think a lot of the hand-wringing will be complete because we’re gonna go ahead and win this thing,” he said. Comparing the election to basketball, Obama said, “You have a seven-game series, we’re up two-zero, and we lose one.”


He ended with a promise: “We’ve got four weeks left in the election and we’re going to take it to him.”


http://www.washingtonpost.com/blogs/election-2012/wp/2012/10/10/obama-on-debate-i-was-just-too-polite/?wprss=rss_politics
dvorakftw
Profile Blog Joined November 2011
681 Posts
October 10 2012 18:49 GMT
#14556
On October 10 2012 18:19 paralleluniverse wrote:
Here's what I find both ironic and sad about most of the Republican/Romney supporters in this thread.

Before the debate, where were you saying that Romney's healthcare plan covers preexisting conditions? When did you deny that Romney had a $5T tax plan? When did you argue that Romney was not going to reduce taxes on the rich?

I don't recall seeing any of these points before the debate. But ever since Romney made these declarations in the debate, you're now suddenly all out in force pedaling his flip-flops and lies as if they always were.

"We are at war with Eastasia. We have always been at war with Eastasia."

Before the debate we also didn't talk about Big Bird.
dvorakftw
Profile Blog Joined November 2011
681 Posts
October 10 2012 18:52 GMT
#14557
On October 10 2012 19:04 NeMeSiS3 wrote:
I can't imagine how someone can think the US military needs another 100billion per year...

This could be useful for you then.

There is no nation on earth right now that can even remotely rival America militarily

And it's a good idea to keep it that way.

User was banned for this post.
dvorakftw
Profile Blog Joined November 2011
681 Posts
October 10 2012 18:56 GMT
#14558
On October 11 2012 02:49 ticklishmusic wrote:
[image loading]

seriously, try it for yourself.

Wow, it's like I'm back in 2004 when Google bombing helped Kerry defeat the incompetent Dubya.
nam nam
Profile Joined June 2010
Sweden4672 Posts
October 10 2012 18:57 GMT
#14559
So that 100 billion more in military budget would prevent which country to attack you exactly?
dvorakftw
Profile Blog Joined November 2011
681 Posts
Last Edited: 2012-10-10 19:11:23
October 10 2012 19:10 GMT
#14560
Coming back to these.
On October 10 2012 07:23 sam!zdat wrote:
I'm not saying stop using oil now, I'm talking formulating a long-term strategy that involves heavy investment into developing clean energy technologies and into making our existing energy usage more efficient. We're not doing that.

Except we are. Solar power has been steady improving for decades. It just needs a few decades more before it's ready for mass scale domestic use. New nuclear plant designs are available now despite going decades without any new plants being built and other countries foolishly giving up on them. In StarCraft terms, Obama did an anti-timing attack before the upgrades completed. A costly blunder.

Show nested quote +
That is why the US will not outlast the 21st century in its present form.

How so? You mean like joining the USSR on the ash heap of history?


Yes.

Meh. It's more likely the United States of America in 2100 will include Canada and Mexico sorta like what Europe tried except successful.

Oh, I thought it was some communist joke. Don't go calling me a fascist or whatever and then complain about civility.


Don't recall calling you a fascist but it is possible I called you a whatever which I do not believe is uncivil.

By "some of Marx himself" do you mean the Manifesto? Doesn't count. that's fine, though, you don't have to know about it, just don't go telling people who do know about it a bunch of uninformed stuff like "no difference between Marxism and Marxism-Leninism" then I wouldn't have to get my panties all in a knot


You ever see the South Park episodes where Cartman can't wait for the Nintedo Wii release so he freezes himself and ends up in the future?

I got as much interest in YouTube videos as you have in contemporary Marxism.

A failure to appreciate the genius of Rocky and Bullwinkle. So sad.


The fact remains, though, the [Chinese]'re about to eat our collective lunch and we're letting them.

China needs us more than we need them and they won't surpass us as long as they continue to sabotage their full potential.

Prev 1 726 727 728 729 730 1504 Next
Please log in or register to reply.
Live Events Refresh
BSL
19:00
Team Wars - R2
Bonyth vs Hawk
ZZZero.O50
LiquipediaDiscussion
uThermal 2v2 Circuit
15:00
Group Stage Day 3
WardiTV1029
uThermal910
IndyStarCraft 349
TKL 236
SteadfastSC217
LamboSC2163
YoungYakov28
Shameless17
zhugeliang1
Liquipedia
[ Submit Event ]
Live Streams
Refresh
StarCraft 2
uThermal 910
IndyStarCraft 349
TKL 236
SteadfastSC 217
LamboSC2 163
BRAT_OK 97
Ketroc 56
goblin 25
ProTech22
StarCraft: Brood War
Rain 1954
Larva 416
ggaemo 147
Aegong 51
ZZZero.O 50
Stormgate
BeoMulf277
NightEnD10
Dota 2
syndereN11
League of Legends
JimRising 58
Counter-Strike
Stewie2K569
flusha347
oskar237
kRYSTAL_18
Super Smash Bros
Mew2King85
Heroes of the Storm
Khaldor811
Liquid`Hasu636
Other Games
Grubby3214
fl0m1727
B2W.Neo1055
Beastyqt431
Hui .186
Pyrionflax164
ROOTCatZ6
Organizations
Other Games
gamesdonequick1260
StarCraft 2
angryscii 17
Blizzard YouTube
StarCraft: Brood War
BSLTrovo
sctven
[ Show 21 non-featured ]
StarCraft 2
• Berry_CruncH320
• StrangeGG 50
• davetesta30
• Kozan
• Migwel
• AfreecaTV YouTube
• intothetv
• sooper7s
• IndyKCrew
• LaughNgamezSOOP
StarCraft: Brood War
• FirePhoenix14
• blackmanpl 11
• STPLYoutube
• ZZZeroYoutube
• BSLYoutube
Dota 2
• masondota21590
• WagamamaTV1205
• Ler115
League of Legends
• Doublelift636
Other Games
• imaqtpie2138
• Shiphtur315
Upcoming Events
Wardi Open
14h 54m
Wardi Open
18h 54m
RotterdaM Event
19h 54m
Replay Cast
1d 3h
WardiTV Summer Champion…
1d 14h
RSL Revival
1d 20h
PiGosaur Monday
2 days
WardiTV Summer Champion…
2 days
The PondCast
3 days
WardiTV Summer Champion…
3 days
[ Show More ]
Replay Cast
4 days
LiuLi Cup
4 days
Online Event
5 days
SC Evo League
5 days
uThermal 2v2 Circuit
5 days
Sparkling Tuna Cup
6 days
WardiTV Summer Champion…
6 days
SC Evo League
6 days
uThermal 2v2 Circuit
6 days
Liquipedia Results

Completed

StarCon 2025 Philadelphia
FEL Cracow 2025
CC Div. A S7

Ongoing

Copa Latinoamericana 4
Jiahua Invitational
BSL 20 Team Wars
KCM Race Survival 2025 Season 3
BSL 21 Qualifiers
uThermal 2v2 Main Event
HCC Europe
BLAST Bounty Fall Qual
IEM Cologne 2025
FISSURE Playground #1
BLAST.tv Austin Major 2025

Upcoming

ASL Season 20
CSLAN 3
BSL Season 21
BSL 21 Team A
RSL Revival: Season 2
Maestros of the Game
SEL Season 2 Championship
WardiTV Summer 2025
Thunderpick World Champ.
MESA Nomadic Masters Fall
CS Asia Championships 2025
Roobet Cup 2025
ESL Pro League S22
StarSeries Fall 2025
FISSURE Playground #2
BLAST Open Fall 2025
BLAST Open Fall Qual
Esports World Cup 2025
BLAST Bounty Fall 2025
TLPD

1. ByuN
2. TY
3. Dark
4. Solar
5. Stats
6. Nerchio
7. sOs
8. soO
9. INnoVation
10. Elazer
1. Rain
2. Flash
3. EffOrt
4. Last
5. Bisu
6. Soulkey
7. Mini
8. Sharp
Sidebar Settings...

Advertising | Privacy Policy | Terms Of Use | Contact Us

Original banner artwork: Jim Warren
The contents of this webpage are copyright © 2025 TLnet. All Rights Reserved.