Comments on: Moran Votes No on Fiscal Cliff Legislation

By: arlingtonian

arlingtonian — Thu, 03 Jan 2013 21:00:10 +0000

Taxing the rich does not improve the lot of the poor. Much of the money goes to the military, politically connected industries, the bureaucracy and interest payments on the debt. Very little trickles down to any of the poor except to the minority that know how to game the public welfare system and drain the treasury.

By: Arlingtonian

Arlingtonian — Thu, 03 Jan 2013 20:49:22 +0000

The U.S. draws physicians from other countries because many Americans don’t want to deal with insurance companies, Medicare, hospital corporations, malpractice suits, and soon, Obamacare. They find better opportunities with less paperwork and shorter work weeks in professions other than medicine.

By: Arlingtonian

Arlingtonian — Thu, 03 Jan 2013 20:38:24 +0000

Don’t put Mexico in the same basket as Pakistan. The Mexican economy is booming and its middle class is rapidly expanding, thanks to factories that have moved there from the U.S. and the excellent public universities that are there.

Don’t lump all of the Subsaharan African countries in the same basket. For example, the Union of South Africa has a large and educated middle class, as well as a prosperous economy. The economy is booming and the middle class is growing in some other Subsaharan African countries as well. Africa is a large and diverse continent. Not all of it is poverty stricken, water deprived and suffering from rebellions, dictators, communicable diseases and civil wars.

By: drax

drax — Thu, 03 Jan 2013 15:45:04 +0000

SS is indeed contributing to the deficit. It is running a deficit now, and more important, its obligations will exceed income much more in the future – when it will need all those bonds paid back from when it propped up the General Fund.

By: drax

drax — Thu, 03 Jan 2013 15:43:48 +0000

Carol,

Unless you are ten years old, there was indeed a surplus in your lifetime.

We had surpluses until Bush wiped them out with his tax cuts.

It’s too bad we are stuck with the choice between deficits and massive spending cuts/tax increases that will harm the economy and cause deficits anyway.

By: drax

drax — Thu, 03 Jan 2013 15:40:54 +0000

Fed Study Debunks Conservative Myth That Affordable Housing Policies Caused Subprime Crisis

http://thinkprogress.org/economy/2012/03/28/453978/fed-study-affordable-housing-myth/?mobile=nc

By: drax

drax — Thu, 03 Jan 2013 15:39:25 +0000

You didn’t exclude war and homeland security spending though, Hollywood.

By: Chuck

Chuck — Thu, 03 Jan 2013 15:37:15 +0000

“A tax on money that was taxed already several times over. Once when it was earned and if in the form of property taxed several times over as property tax.”

Ah, the “multiple taxation” canard. Well, guess what, ALL taxes work that way. I pay SS tax and income tax on the same money*, and when I go to the store I pay sales tax! The multiple taxation argument against the estate tax is worthless because all taxes work additively.

*The wealthy don’t, though! The regressive SS tax only applies to the lowest incomes in America.

By: drax

drax — Thu, 03 Jan 2013 15:36:51 +0000

Of all the ridiculously silly comments here, this is one of the biggest. You really think our country was more prosperous in the 19th century? Did you actually take history or economics at all?

By: Fed_up

Fed_up — Thu, 03 Jan 2013 15:31:53 +0000

Not true. Most of this money – and let’s face it, most wealth isn’t earned by working hard, it’s earned in investments – has *NEVER* been taxed – ever hear of basis points? I buy it for $1, die, pass it to my kid at a “new” price of $100, he sells it for $200. $99 of those dollars will not pay 1 cent in capital gains tax. Never mind that the gains rate is way too low.