Thank you for being a valued part of the CNET community. As of December 1, 2020, the forums are in read-only format. In early 2021, CNET Forums will no longer be available. We are grateful for the participation and advice you have provided to one another over the years.

Thanks,

CNET Support

General discussion

GOP passes massive tax break for millionaires, billionaires

Apr 18, 2015 11:03AM PDT
GOP passes massive tax break for millionaires, billionaires

When describing Republican tax proposals, it's not uncommon to talk about policies that disproportionately benefit the very wealthy. GOP proponents will say a bill benefits all taxpayers, but they'll brush past the fact that the rich benefit most. This, however, is altogether different - today's bill, called the "Death Tax Repeal Act," quite literally benefits multi-millionaires and billionaires exclusively.

Even by contemporary GOP standards, today's vote is pretty obscene. At a time of rising economic inequality, House Republicans have prioritized a bill to make economic inequality worse on purpose. At a time in which much of Congress wants to make the deficit smaller, House Republicans have prioritized a bill to make the deficit much larger.

At a time when prosperity is concentrated too heavily at the very top, House Republicans have prioritized a bill to deliver enormous benefits to multi-millionaires and billionaires - and no one else.

Asked to defend this, Republican leaders - the same leaders who balk at all requests for public investment, saying the nation is too "broke" to fund domestic priorities - say it's only "fair" to approve a $269 billion giveaway to the hyper-wealthy.

Discussion is locked

- Collapse -
He didn't write the rules
Apr 21, 2015 9:41PM PDT

for sequestration....you give him far too much credit for something the Reps/Dems in Congress actually wrote. The trouble with what got written was that there wasn't any allowance for transfer of funds between depts and agencies as needed. Some dept were hurt more than others, but the deficit still was reduced drastically BECAUSE of sequestration, NOT because of this 'leader'.

- Collapse -
"USING" the rules is the brilliant part
Apr 21, 2015 9:46PM PDT
but the deficit still was reduced drastically BECAUSE of sequestration, NOT because of this 'leader'.

So Obama is responsible for nothing.....
- Collapse -
Not unless you count
Apr 21, 2015 11:19PM PDT

financial and jobs chaos, a new division in classes and incomes, pitting races against not only against each other against law enforcement, pitting religions against each other, continuous lying to meet his agendas, raising energy costs to unsustainable and unreachable levels by the poor, worldwide terrorist levels, complete compliance with Russian advancements into the old Soviet Union territories, deals with the devils for personal legacy reasons alone, total abandonment of our allies...........

just to name a few.........

- Collapse -
RE: just to name a few........
Apr 22, 2015 6:47AM PDT

At least he got sequestration right

- Collapse -
HE didn't get it right
Apr 22, 2015 8:36AM PDT

HE proposed it as a way to back the Reps off and his 'dare' blew up in his face.......

- Collapse -
You mean by taking it away from hungry children?
Apr 21, 2015 10:00AM PDT

Where would you cut the budget to make up the money?

- Collapse -
Government doesn't feed hungry children
Apr 21, 2015 6:41PM PDT
Farmers, as small business owners, do that

The value of their land isn't cash to squander. Why should the government have a tax policy that could put the family farm out of business? It's government that's threatening the food supply rather than ensuring it will be here for the next generations. If the government thinks it needs more money to buy food for hungry children, let them levy an equal tax on everyone and have a general conversation about it.
- Collapse -
There wouldn't BE so many
Apr 21, 2015 8:45PM PDT

hungry children, Diana, if this administration would back off their policy that government needs to take care of people from cradle to grave and let the jobs come back in the natural way.....government doesn't create jobs and never has unless it's to make itself bigger and paying their workers twice what the private sector does for the same work.

I would go thru every single agency and department and get rid of overlapping/duplicate programs, give the departments/agencies REAL budgets that they have to stick to without extravagant 'conferences' in locations that aren't necessary because government owns so many empty buildings that could be used, sell a good many of those buildings and pay down the national debt, do away with agencies/departments completely that are a waste of money and give that power back to the states (such as the Dept of Ed).

There are hundreds of ways to cut spending, Diana.....that's been proven over and over....and they don't involve starving the kids, which is a normal liberal 'argument' right from the gitgo in order to avoid ANY cuts. One of the most important and easiest ways is to set automatic term limits for Congress so we don't have people there for forty years getting those automatic huge paychecks that are unrealistic for people who work part time anyhow.

- Collapse -
(NT) We have the largest child poverty in the world
Apr 22, 2015 10:19AM PDT
- Collapse -
Parents have poverty
Apr 22, 2015 1:41PM PDT

Not children, unless they have no parents. It's also a misleading statement, because "American poverty" is a far cry (pun intended) from other nation's "poverty".

http://www.washingtonpost.com/blogs/wonkblog/wp/2014/10/29/child-poverty-in-the-u-s-is-among-the-worst-in-the-developed-world/

"The United States ranks near the bottom of the pack of wealthy nations on a measure of child poverty, according to a new report from UNICEF. Nearly one third of U.S. children live in households with an income below 60 percent of the national median income in 2008 - about $31,000 annually.

In the richest nation in the world, one in three kids live in poverty. Let that sink in.

The UNICEF report ....."


Ah yes, UNICEF another big Liberal money suck.

The "poverty" is based on national income, so each child could be better off than more than half the children in any other of the "richest nations" and because the USA was the richest, these money suck organizations would label it "poverty".

Here, let me show you some of this "poverty".

http://www.digitaljournal.com/article/313466
52% of kids under 8 using iPods, iPads and mobile devices
More than half (52%) of all children under the age of eight have access to mobile devices at home including smartphones, iPads, iPods and other tablets. And the rate at which kids are adopting technology is also perhaps surprising: 40 percent of 2- to 4-year-olds are using everything from TV to mobile devices and apps.


http://www.cnbc.com/id/46857053
Half of all U.S. households own at least one Apple product, according to CNBC's All-America Economic survey. While growing up in the tech age makes a difference, the age gap isn't as wide as you might think. In fact just as many Americans between ages 18 and 34 count themselves among Apple users, as those ages 35-to-49 (63 percent). Sixty-one percent of households with children own Apple devices, compared with 48 percent of homes without kids.

Oh, even this Liberal bastion of Political Correctness admits it;
http://www.huffingtonpost.com/visualnewscom/90-of-kids-have-used-a-co_b_3104999.html
Strikingly, the studies reveal that 90 percent of kids have used a computer by age 2. Those surveyed also noted that by age 5, 50 percent of children use computers or tablet devices on a routine basis.

Lift our voices and wail for these poverty striken couch potatoes as they play on their poverty computers at home, hoping another bag of potato chips comes there way, but wail if there's no dip for it too.

Don't look at this graph if you still want to believe in the carefully crafted lies of UNICEF that big money suck.
http://www.childtrends.org/wp-content/uploads/2012/07/69_fig1.jpg

"The proportion of children with home access to computers has increased steadily, from 15 percent in 1984, to 76 percent in 2003, to 83 percent in 2011. In addition, the percentage of children who use the Internet at home rose from 11 percent in 1997, the first year for which such estimates are available, to 42 percent in 2003, and to 58 percent in 2011. "
- See more at: http://www.childtrends.org/?indicators=home-computer-access

Oh my head is bowed down in sorrow as I view these poverty stricken children, playing away at their computers, what a horrible thing they have suffered here in America.

Look! Oh, what a relief!! Nobody is starving!!! Hurray!!!!

Throughout the year in 2003, 88.8 percent of U.S. households were food secure, essentially unchanged from 2002. The remaining 11.2 percent (12.6 million households) were food insecure. These households, at some time during the year, had difficulty providing enough food for all members due to a lack of resources. Within the 11.2 percent, 7.7 percent were food insecure without hunger, and 3.5 percent had one or more household members who were hungry at some time, unchanged from 2002. The prevalence of food insecurity with hunger among children was 0.5 percent of all U.S. households with children, essentially unchanged from 2002

- Collapse -
that's ridiculous
Apr 22, 2015 1:16PM PDT

everyone except Democrats realize it's spending that increases the debt and excessive spending is what increases the deficit.

- Collapse -
That money isn't piling up in a closet in the form of cash
Apr 21, 2015 4:38AM PDT

That money is either being spent or invested. It's in the hands of other people as well...those who are working and those who are not. As for income for 200k workers, the wealthy don't get wealthier when no one is working. It's their investments that help to pay them.

- Collapse -
RE: That money isn't piling up in a closet
Apr 21, 2015 5:36AM PDT

That money isn't piling up in a closet in the form of cash

some of it isn't even in a closet in America.

- Collapse -
I heard that in sunday school
Apr 21, 2015 5:28AM PDT
"That's right, the GOP voted to allow more kids to go to bed hungry at the very same time it acted to spend $270 billion in order to increase the inheritances of the children of the super-rich. Not exactly the version of right and wrong you were taught in Sunday school."

Remember this in Galation chapter 4. There are those who inherit and those who have no right to inherit. The govt has no right to inherit.

28 "Now we, brethren, as Isaac was, are the children of promise. But as then he that was born after the flesh persecuted him that was born after the Spirit, even so it is now. Nevertheless what saith the scripture? Cast out the bondwoman and her son: for the son of the bondwoman shall not be heir with the son of the freewoman.
So then, brethren, we are not children of the bondwoman, but of the free."


That's the godly principle, for those who are not blinded.
- Collapse -
(NT) They talk politics in sunday school?
Apr 21, 2015 5:54AM PDT
- Collapse -
(NT) They talk about helping those less fortunate
Apr 21, 2015 5:57AM PDT
- Collapse -
Yes...and the help came in the form
Apr 21, 2015 6:22AM PDT

of community doing it, not governments. Governments are NOT inclined to help....they are more inclined to TAKE....as history has proven time and again. There is nothing in our Constitution that says government's responsibility is to take from the rich and give to the 'poor' and then take from the rich again in order to give to even more of the 'poor' when it is the government itself that causes the situation over and over. Our Constitution specifically is geared to having the people govern themselves and be self-sufficient and self-reliant. The sole responsibility of our government is to protect the nation.........that's all....it is NOT to have the people become slaves to the government.

- Collapse -
Amen!
Apr 21, 2015 10:03AM PDT
Cool
- Collapse -
Read and I'm sure you will think it's all rubbish
Apr 27, 2015 10:27AM PDT