Comments on: John Boehner Crying on ‘60 Minutes’

By: rowdym

rowdym — Wed, 15 Dec 2010 18:57:09 +0000

The statement taxes were less in 2009 9.2 to 12%? Are we talking income tax. look at all the taxes you pay now. Tobacco tax if you smoke, alcohol tax if you drink, gasoline tax, sales tax, etc etc. It is not just the income tax.

As far as health care is concerned. All of the insurance companies are raising the rates so that they can cover the mandated Obamacare items. I just came from a meeting to discuss our health care for next year. We are going to pay 15% higher premiums, have higher co-pays and deductibles, and higher out of pocket expenses. A rough estimate is it is going to cost me around $6,000 more for the same coverage/service I had this year for my family.

By: Hondo

Hondo — Wed, 15 Dec 2010 04:27:37 +0000

Well, I hope you’re right. Unfortunately I think there is an impending war and a nasty one at that. If this country can survive that better days might be ahead. Such a scenario will indeed change things. This is an exciting time in which to live.

By: Ginnie K.

Ginnie K. — Wed, 15 Dec 2010 04:16:14 +0000

Unfortunately, I don’t think it will happen overnight, as most periods of huge economic expansion are driven by a mass change in lifestyle. For example, the desire to own and drive automobiles set off a huge transportation and construction boom. The desire to use computers on a daily basis in both homes and businesses activated the technology boom.

I predict the next boom really will be influenced by an increasing public desire to live greener and cleaner. This will spark high speed transit on a nationwide level, which will profoundly affect new construction of housing and businesses. New fuel efficient automobiles, too, and other energy efficiency technology products. And new energy sources, too.

But we’re in the transitional period right now. It’s going to be painful for some time, at least for many people.

By: Hondo

Hondo — Wed, 15 Dec 2010 04:02:06 +0000

I do think most people would rather work. So, let’s get them back to work and then start making the adjustments we need to.

By: Ginnie K.

Ginnie K. — Wed, 15 Dec 2010 03:47:04 +0000

Hondo: “I do resent those who make a career out of being dead weight.”

Ok, but is this really a big proportion of the population? Most people of working age do seem to work, generally speaking. Despite the current economic downturn and associated high unemployment rate.

By: Ginnie K.

Ginnie K. — Wed, 15 Dec 2010 03:44:56 +0000

micky: ““The Reagan tax cuts… showed that reducing excessive tax rates stimulates growth, reduces tax avoidance and can increase the amount and share of tax payments generated by the rich. High top tax rates can induce counterproductive behavior and suppress revenues”

Well, he ended up raising them after he cut them. I would also add that as much as we devote debate time to the Administrations of the past three decades and the present one, none of them saw economic growth and expansion like that of the 1960’s. We need to set that and maybe the 1950’s as the bar, in my opinion, because the record hasn’t gotten better as time marches on. It’s gotten worse. That’s a problem.

micky: “The 250 bracket is not “a tiny few”.
They happen to be 60 to 70% of Americas small business owners who file indepedently.
Hardly 6 %”

Source, please?

micky: “Sues frustration is very valid”

Not the way she worded it, it isn’t.