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Republican POTUS Candidate Thread

  • PaulUMD said...

    I've even heard some conservative economists who don't think the repatriation cut is a good idea. Encourages businesses to keep doing it because they know eventually the gov't will let the money back in at a tiny rate.

    The option is just a massive pussy move...it allows him to claim that nobody's taxes have to go up. While everyone who has a brain can see that the main effect will be a massive tax cut for upper incomes and businesses, and I'm not sure where the revenue for SS/Medicare come from, even if there are cuts to both.

    I'm not sure of the details behind the repatriation, but it sounded to me like it was a one-time-only thing.

    The option isn't a pussy move; it's an option and the "claim" is true that taxes wouldn't have to go up. Several countries have an optional flat tax; Hong Kong does too.

    Anyway, it's still far better than the current system and bickering over the % rate for the top bracket isn't going to solve anything. The system as a whole needs changing.

    frode

  • frode said...

    I'm not sure of the details behind the repatriation, but it sounded to me like it was a one-time-only thing.

    The option isn't a pussy move; it's an option and the "claim" is true that taxes wouldn't have to go up. Several countries have an optional flat tax; Hong Kong does too.

    Anyway, it's still far better than the current system and bickering over the % rate for the top bracket isn't going to solve anything. The system as a whole needs changing.

    Yes, it's a one time thing like it was the last time they did it. And the next.

    If the system needs to change then fight for your full on flat tax, not just a flat tax for the rich that cuts God knows how much revenue. Just say you're in favor of a massive tax cut to the wealthy, because that's all it is. It's like an Alternative Maximum Tax.

    Oh, and all while claiming he can cut federal spending to 18% GDP? LOL, that's like $900M less annually than now. Good luck with that.

    PaulUMD

  • frode said...

    it's a repatriation tax cut. "Temporary" is probably a bad term for it; it's more of a one-off deal.

    Regarding the optional flat tax...liberals can learn to love it because if they want to volunteer more of their money to the government, they can just choose the greater of the two.

    Right...so basically instead of simplifying the tax code....this buffoon will essentially be adding another option to it. That's brilliant. Pay this or pay that sounds like a well thought out policy.

    As for the repatriation tax. Do you honestly think companies are going to close up shop overseas where they pay $2 a day in labor and can dump whatever they want into the water and sky, to come home for a one time tax break? It's a gimmick frode...a gimmick to lower the corporate rate to 20% because they know it will never have support to go back up. So basically the only thing we KNOW would happen is taxes would go up for the lower class and taxes would go down for the wealthy. All the rest of this idea would be "optional".

    This post was edited by Kaisersayzo on 10/25/2011 at 12:23 PM

    9/21/2010...RIP Old IMS.

    Kaisersayzo

  • Kaisersayzo said...

    Right...so basically instead of simplifying the tax code....this buffoon will essentially adding another option to it. That's brilliant. Pay this or pay that sounds like a well thought out policy.

    As for the repatriation tax. Do you honestly think companies are going to close up shop overseas where they pay $2 a day in labor and can dump whatever they want into the water and sky, to come home for a one time tax break? It's a gimmick frode...a gimmick to lower the corporate rate to 20% because they know it will never have support to go back up. So basically the only thing we KNOW would happen is taxes would go up for the lower class and taxes would go down for the wealthy. All the rest of this idea would be "optional".

    well if we use cain's plan they can pay 2 dollars an hour in "opportunity zones" and pay no taxes for opening a business there.

    Well allowing younger workers to opt out of social security as perry's program allows will destroy SS since the program is designed that current works support those retired. We already have a big problem since the baby boomers are retiring in huge numbers soon with a smaller workforce, who is going to pay the boomers benefits? Are we going to say FU to them?

    Also if you are going to do a flat tax, you do a flat tax. What perry's choice does is cut the revenue base a lot. You will have the lower income earners staying with current system while those making over 70k or so taking flat tax which will lower there rate. If you want a flat tax, fine... it imposes the tax on people of all incomes so those in lower brackets start to pay which at least increases the revenue base. I am not a fan of a flat tax, as it is a regressive tax however there is at least a real argument to be made for it. Perry's plan has no sense in it except try not to piss anyone off.

    ColbertRepor

  • ColbertRepor said...

    Also if you are going to do a flat tax, you do a flat tax.

    ...unless you make it optional. Liberals are having a hard time wrapping their heads around this, because it involves choice and potentially lower taxes. Go figure.

    The option is going to be attractive to a lot of people...and yet as Kaiser says, a flat 20% tax somehow makes the tax code more complicated?

    It's an option. If you don't like it, don't take it.

    frode

  • Perhaps most important, Perry has brought on board a new group of media consultants known for their brass-knuckled tactics and sharp read on the GOP base. Joe Allbaugh, a former top aide to President George W. Bush, added major national heft to the Perry team by signing on as a senior adviser.

    It all adds up to a course correction that may give Perry his best shot at getting back into contention with Romney, the sometime GOP front-runner whom Perry attacked forcefully in last week’s Nevada GOP debate.

    Expect plenty more where that came from, say strategists familiar with Perry’s growing team.

    “The Perry folks are undergoing a reboot of sorts after last week’s debate, where they are moving to make this a two-man race,” said conservative strategist Keith Appell, who worked on Florida Gov. Rick Scott’s 2010 campaign with brand-new Perry advisers Tony Fabrizio, Curt Anderson and Nelson Warfield.

    Appell predicted the fresh blood would help the Texan wage a more focused and aggressive campaign.

    “They are all kindred spirits with the Perry people in that they are all Washington outsiders who aren’t afraid to take on the establishment,” Appell said. “It will soon be Mitt Romney’s turn to feel like a piñata.”

    Perry readies assault on Romney - POLITICO.com Print View

    POLITICO covers political news with a focus on national politics, Congress, Capitol Hill, the 2008 presidential race, lobbying, advocacy, and more. POLITICO's in-depth coverage includes video features, regular blogs, photo galleries, cartoons, and political forums.

    dyn.politico.com

    frode

  • frode said...

    ...unless you make it optional. Liberals are having a hard time wrapping their heads around this, because it involves choice and potentially lower taxes. Go figure.

    The option is going to be attractive to a lot of people...and yet as Kaiser says, a flat 20% tax somehow makes the tax code more complicated?

    It's an option. If you don't like it, don't take it.

    Choices and lower taxes? Oh come you know that is crap. The point of a flat tax is that everyone pays it so you can lower it since you are expanding your tax base. He is not expanding the tax base, he is shrinking it.

    You are right about the team Perry is brining on. I think if they are smart they go hard after Cain now and get rid of him, and have Perry be the only alternative to Romney.

    ColbertRepor

  • ColbertRepor said...

    Choices and lower taxes? Oh come you know that is crap. The point of a flat tax is that everyone pays it so you can lower it since you are expanding your tax base. He is not expanding the tax base, he is shrinking it.

    You are right about the team Perry is brining on. I think if they are smart they go hard after Cain now and get rid of him, and have Perry be the only alternative to Romney.

    Cain will get rid (is getting rid) of himself. He has to beat Romney down. Hard.

    PaulUMD

  • frode said...

    ...unless you make it optional. Liberals are having a hard time wrapping their heads around this, because it involves choice and potentially lower taxes. Go figure.

    The option is going to be attractive to a lot of people...and yet as Kaiser says, a flat 20% tax somehow makes the tax code more complicated?

    It's an option. If you don't like it, don't take it.

    Jesus frode....adding a new option on top of the existing tax code does indeed make it bigger. Do you get that?

    9/21/2010...RIP Old IMS.

    Kaisersayzo

  • WTF is this stupidity? Almost all the positives associated with a flat tax disappear if you just make it optional and in addition to the regular tax code.

    terps99

  • frode said...

    ...unless you make it optional. Liberals are having a hard time wrapping their heads around this, because it involves choice and potentially lower taxes. Go figure.

    The option is going to be attractive to a lot of people...and yet as Kaiser says, a flat 20% tax somehow makes the tax code more complicated?

    It's an option. If you don't like it, don't take it.

    The problem, as I see it, is that if I want to make an informed choice about which option I want to choose, I have to estimate my tax liability both under the old, complicated system AND under the new flat tax system. Sure, my taxes may go down, but I don't see how you can sell this as making our tax system simpler or more efficient.

    MisterNiceGuy

  • terps99 said...

    WTF is this stupidity? Almost all the positives associated with a flat tax disappear if you just make it optional and in addition to the regular tax code.

    exactly.....

    ColbertRepor

  • frode said...

    Ron Paul isn't going to win the nomination.

    and? has a better chance than perry.

    redraven1

  • Sdog said...

    Bachman is batshit crazy. I'll give her credit though, she is the best at talking right through an interviewer who uses her direct quotes contradicting what she is saying. She just spins right through it. Really incredible how she does it.

    I had to stop supporting Bachmann. She kept talking too much about me and our sex life. It was getting annoying and uncomfortable.

    attachment

    Pyroterp

  • okay Frode is the National Review liberal?

    http://www.nationalreview.com/articles/281278/rick-perrys-rough-draft-editors

    ColbertRepor

  • I think Perry's dud of a plan is the final nail in his coffin. Optional flat tax? Really??

    Sdog

  • Good read on Herman Cain....

    http://abcnews.go.com/Politics/wireStory/extensive-ties-powerful-koch-group-boost-cain-14746710

    ColbertRepor

  • lol at the insinuations in that. Cain was a footnote in this race for the vast majority of it. He was a punchline who polled in the margin of error. He performed well at the debates but still didn't gain much traction in support or money. His recent rise came about because the conservative/tea party wing is has been desperately looking for an alternative to Romney and their prior choices (Bachmann, Perry) were stumbling and Cain was still doing well at the debates. And even WITH his rise he still seems to have very little in the way of money or organization (see the ad Paul posted). The fascination in the media with portraying the Koch brothers as some sort of shadowy kingmakers never ceases to amaze me.

    This post was edited by neal990 on 10/25/2011 at 9:14 PM

    neal990

  • neal990 said...

    lol at the insinuations in that. Cain was a footnote in this race for the vast majority of it. He was a punchline who polled in the margin of error. He performed well at the debates but still didn't gain much traction in support or money. His recent rise came about because the conservative/tea party wing is has been desperately looking for an alternative to Romney and their prior choices (Bachmann, Perry) were stumbling and Cain was still doing well at the debates. And even WITH his rise he still seems to have very little in the way of money or organization (see the ad Paul posted). The fascination in the media with portraying the Koch brothers as some sort of shadowy kingmakers never ceases to amaze me.

    I don't agree with tenor of the article either, but I do think that it is possible that he was put out there to make sure some issues were talked about more then to be a serious candidate. Flax tax being one of them. There is no doubt no one thought he would take off though, I mean the guy has no real campaign, and is just on a book tour.

    ColbertRepor

  • Herman Cain is that guy in high school who runs on the "eliminate homework" platform and has a bunch of people supporting him for shits and giggles, except that he's now convinced himself that he's a serious candidate and not an attention whore, and thinks his ideas deserve to be debated in the school auditorium.

    terps99

  • Actually, he is more like the brightest, hardest working kid in class that doesn't know how to play the emotional games the other, more popular kids know how to play. I like him because of his success in life, not because he has a gimick eliminate homework platform. He gets it done in real life and I'd like to see someone like that have a shot at the white house. I think thats why he is polling so well. All the other republicans are garbage.

    Herman Cain tops Mitt Romney in latest CBS/NYT poll - Political Hotsheet - CBS News

    Former Godfather's Pizza CEO takes 25 percent to Mitt Romney's 21 percent as Rick Perry plunged to just 6 percent support Read more by Corbett B. Daly on CBS News' Political Hotsheet.

    www.cbsnews.com

    sniper_terp

  • Oh and as far as those racist tea party people.

    attachment

    sniper_terp

  • terps99 said...

    Herman Cain is that guy in high school who runs on the "eliminate homework" platform and has a bunch of people supporting him for shits and giggles, except that he's now convinced himself that he's a serious candidate and not an attention whore, and thinks his ideas deserve to be debated in the school auditorium.

    That's It!!!

    This post was edited by reeceg1 on 10/26/2011 at 8:07 AM

    attachment

    Layman ... Jake Layman!

    reeceg1

  • sniper_terp said...

    I like him because of his success in life, not because he has a gimick eliminate homework platform.

    Yup, I caN't thINk of Even oNe gimmIcky uNreEalistic platform associated with hermaN caIN ... nonE.

    terps99

  • terps99 said...

    Yup, I caN't thINk of Even oNe gimmIcky uNreEalistic platform associated with hermaN caIN ... nonE.

    Every pol has unrealistic platforms. I doubt i need to start naming the things Bush and Obama promised to do that never got done. At some point you have to look at their history and their life and hope they are able to get things done. I look at his history and he got things done. Last election I like Giuliani because you could look at the crime rate in NYC before and after he was in office. He had a proven record. Neither Bush nor Obama had proven records.

    sniper_terp