Obama: No more debates before May 6th

[Ramo]

The point he wanted make sure is the tax is fair as it was the first and fore most point, anything afterwards was simply afterthought or lessor in importance.

If you're going to read some substantial point into the ordering of a sentence (or a paragraph), there's nothing I can say to convince you.

[Ogie Oglethorpe]

Originally posted by Imran Siddiqui
Well, Kid, I think DD and Ogie would be ok with that statement. They may disagree, but if you think raising CG rates will increase overall revenue instead of discouraging investment, that's one thing. I think the objection is that Obama seems to have said he wants to raise the CG tax rate solely on fairness grounds, regardless of economic considerations (good or bad).

I agree. What struck me most was that up until this debate Obama was arguing for increasing CG on the basis of increased governmental revenue. Under questioning he changed his tune to imply his overreaching motive was taxation fairness rather than attempt to defend his earlier position that it would indeed increase revenues. (as it may or may not)

[Ogie Oglethorpe]

Originally posted by Ramo

The point he wanted make sure is the tax is fair as it was the first and fore most point, anything afterwards was simply afterthought or lessor in importance.

If you're going to read some substantial point into the ordering of a sentence (or a paragraph), there's nothing I can say to convince you.

No I read something into words that are actually present in a quote as opposed to attempting to edit them out to make a completely different point.

[Kidlicious]

Originally posted by Imran Siddiqui
Well, Kid, I think DD and Ogie would be ok with that statement. They may disagree, but if you think raising CG rates will increase overall revenue instead of discouraging investment, that's one thing. I think the objection is that Obama seems to have said he wants to raise the CG tax rate solely on fairness grounds, regardless of economic considerations (good or bad).

The way that I understand it he believe that increasing the capital gains tax will fund his tax cuts for the middle class.

[Ramo]

No I read something into words that are actually present in a quote as opposed to attempting to edit them out to make a completely different point.

He says, "I want to make sure A and B."

It is not disingenuous to point out that he did say, "I want to make sure [...] B."

You fail basic English. The local community college may be of assistance.

[Kidlicious]

Originally posted by Ogie Oglethorpe
All this section talks to is fairness of taxation. He goes onto to walk it back a bit by saying he doesn't wish to have oppressive taxation. Hence the business thrive people rewarded section. This entire portion has f*ck all to do with increasing revenue and everything to do with taxation fairness giving some examples of why taxation is needed in the first place.

Ummm you are definitely wrong. In that section he means that increases in capital gains tax will fund health care and other things.

[DinoDoc]

Originally posted by Kidicious



The way that I understand it he believe that increasing the capital gains tax will fund his tax cuts for the middle class.

History doesn't seem to back him up on that contention.

[Ogie Oglethorpe]

Ohh good lord. You truly are a piece of work

The intentional omission of A is clearly an poorly veiled attempt to make it look as if all that was ever wanted was B and not the reality of A! and B.

Give it up already.

[Ramo]

I explicitly said that he wanted A (i.e. in the first sentence where he talks about the value of a progressive tax code). I did not attempt to ignore that. I omitted A in that sentence to point out that he said that he wanted B. You, as I said, are an idiot.

[Kidlicious]

Originally posted by DinoDoc
History doesn't seem to back him up on that contention.

I don't really believe it either. In fact, I don't expect the budget to be balanced again in this or the next decade, but it's pretty obvious that that's what he meant.

[Ogie Oglethorpe]

Originally posted by Kidicious


Ummm you are definitely wrong. In that section he means that increases in capital gains tax will fund health care and other things.

I don't argue that. In fact I said he gives examples of why taxation is required. Nowhere does he talk in that section that such a policy increases those revenues in order to counter the historical facts Gibson provided earlier.

[Ogie Oglethorpe]

Originally posted by Ramo
I explicitly said that he wanted A (i.e. in the first sentence where he talks about the value of a progressive tax code). I did not attempt to ignore that. I omitted A in that sentence to point out that he said that he wanted B. You, as I said, are an idiot.

I believe on the basis of this we have nothing left to say. I have had enough of you.

[Kidlicious]

Originally posted by Ogie Oglethorpe


I don't argue that. In fact I said he gives examples of why taxation is required. Nowhere does he talk in that section that such a policy increases those revenues in order to counter the historical facts Gibson provided earlier.

Did you read this far?

GIBSON: But history shows that when you drop the capital gains tax, the revenues go up.

OBAMA: Well, that might happen, or it might not. It depends on what's happening on Wall Street and how business is going.

[Ogie Oglethorpe]

Originally posted by Kidicious


Did you read this far?

GIBSON: But history shows that when you drop the capital gains tax, the revenues go up.

OBAMA: Well, that might happen, or it might not. It depends on what's happening on Wall Street and how business is going.

I have read the entire debate several times over. The point being is that he argues that it is uncertain as to what may or may not happen with CG revenues as a function of taxation rate and economic activity. He still favors rate hikes.

[Kidlicious]

Originally posted by Ogie Oglethorpe


I have read the entire debate several times over. The point being is that he argues that it is uncertain as to what may or may not happen with CG revenues as a function of taxation rate and economic activity. He still favors rate hikes.

You don't really expect democrats to believe in the lapher curve do you?