HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » So is there any way we ge...
Introducing Discussionist: A new forum by the creators of DU

Tue Jan 1, 2013, 03:31 AM

 

So is there any way we get back to all the Clinton rates?

How do we expect to keep spending as is in the long term with such limited revenue?

8 replies, 841 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 8 replies Author Time Post
Reply So is there any way we get back to all the Clinton rates? (Original post)
dkf Jan 2013 OP
1KansasDem Jan 2013 #1
dkf Jan 2013 #5
LAGC Jan 2013 #2
dkf Jan 2013 #3
madokie Jan 2013 #7
Downwinder Jan 2013 #4
Sherman A1 Jan 2013 #6
BlueStreak Jan 2013 #8

Response to dkf (Original post)

Tue Jan 1, 2013, 03:41 AM

1. This is just a short small time deal

that kicks the can down the road a couple of months.
There's going to be a lot more deal making ....down the road.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to 1KansasDem (Reply #1)

Tue Jan 1, 2013, 04:27 AM

5. But if the Democrats aren't going to try to raise all rates who is?

 

I've never heard the Republicans argue that the middle class needs to pay more taxes. Didn't it used to be the position of the Democrats to increase taxes to pay for public services?

Reply to this post

Back to top Alert abuse Link here Permalink


Response to dkf (Original post)

Tue Jan 1, 2013, 03:45 AM

2. Hear, hear, dkf.

We need to get our fiscal house in order. We can't keep letting the Republicans run roughshod over reasonable tax rates while we keep racking up massive debt. We were running BUDGET SURPLUSES and PAYING DOWN THE DEBT under Clinton tax rates.

We know from the Bush years that the Repukes aren't really interested in cutting spending, just borrowing more money for their unfunded tax breaks and unfunded wars.

There needs to be some accountability in Washington, we need leaders who will step up and make the hard choices, do what is necessary to bring in more revenue, so that we don't have to sacrifice so much more in the future due to all the compounding interest on the national debt.

The Republicans want a balanced budget? Let's give it to them. Cut our bloated military spending and jack those rates back up until we've gotten things under control.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to LAGC (Reply #2)

Tue Jan 1, 2013, 04:15 AM

3. What we really need is a graduated movement back to the old rates planned in advance.

 

And you are so right....why does it seem the Democrats have forgotten how well things worked under Bill Clinton?

We need Howard Dean. I am more convinced than ever that he is only one with the guts to fix our imbalances.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to LAGC (Reply #2)

Tue Jan 1, 2013, 06:11 AM

7. Seems to me that Obama did step up

bush's wars are in the budget now unlike the way w/shooter was doing it.
Just saying

Reply to this post

Back to top Alert abuse Link here Permalink


Response to dkf (Original post)

Tue Jan 1, 2013, 04:23 AM

4. Tea party wants to go back to the 50's,

lets bring back the Eisenhower rates. The economy was expanding then.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Downwinder (Reply #4)

Tue Jan 1, 2013, 06:04 AM

6. Agreed

I think that would be a splendid idea!

Reply to this post

Back to top Alert abuse Link here Permalink


Response to dkf (Original post)

Tue Jan 1, 2013, 08:38 AM

8. No. This is a "permanent" change

The bill the Senate passed earlier in 2012 killed the Bush cuts over 250K income and extended the rest of the cuts by ONE YEAR.

This mill makes the Bush cuts PERMANENT for 98% of Americans, which guarantees we will have a structural deficit -- exactly what Grover Norquist wanted. Norquist is the big winner here. Yeah, the billionaires will have to bay their accountants and lawyers a little more to hide more of their income, but that is really no big thing. And what Norquist gets out of the deal is an UPGRADE from the Bush plan, which was 10 years, to a PERMANENT plan.

No, we will never get the rest of that revenue back -- not for a generation at least. And there is nothing in there to deal with teh debt ceiling. So every 6 months, Norquist will be in the position of putting the hammer down on the debt ceiling. "Hey, it looks like our spending is too high. Time to increase the Pentagon budget and privatize Social Security."

Bottom line, Norquist kicked Obama's ass.

Worst.
Negotiator.
Ever.

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread