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Comments about ‘Most in U.S. won't be able to escape 'fiscal cliff'’

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Published: Tuesday, Nov. 13 2012 6:17 a.m. MST

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SME
Bountiful, UT

"Last week, Obama said he was open to compromise with Republican leaders. But the White House said he would veto any bill that would extend tax cuts on income above $250,000."

That being the case, exactly what is he compromising on?

Also saying that “Congress has acted each year to prevent the AMT from hitting many more people.” is a misnomer. Since they don't ever actaully solve the problem saying "Congress puts a temporary band-aid on the problem each year", would be more accurate.

raybies
Layton, UT

We voted for this recession. We wanted it, over the alternative of not having a recession. We believe that if we punish enough "rich" people (aka. people who have more than me), it will make us all feel better--even if everyone's affected aversely.

This is the direct result of class envy. The vote was not about the economy, and now we get to ride the train that we all boarded when we didn't care about it.

JoeBlow
Far East USA, SC

The Bush tax cuts were TEMPORARY for a reason.

Those of you who have bought into the notion that allowing the tax cuts to expire for those making above $250K will be disastrous have been duped.

If rates rise for the richest Americans, they will still be paying lower taxes than under Reagan.

Conservative Bill Kristol -

"It won’t kill the country if Republicans raise taxes a little bit on millionaires. It really won’t, I don’t think."

"I don’t really understand why Republicans don’t take Obama’s offer to freeze taxes for everyone below $250,000."

"Really? The Republican party is gonna fall on its sword to defend a bunch of millionaires, half of whom voted Democratic, and half of whom live in Hollywood and are hostile to Republicans? "

LVIS
Salt Lake City, UT

He's open to compromise? Sure. His idea of compromise reminds me of a commanding officer I had in the military. He used to wear a button that said "Be Reasonable. Do it my way".

one vote
Salt Lake City, UT

Cutting federal spending will affect everyone, but save money for everyone's grandchildren. Was that just a catch phrase? It is a good thing that "rich" people cannot buy a free ride. The majority wants high annual incomes taxed without the Bush tax cut. The election was hyped and claimed by the opponents of the President as the election to determine the future. The future is here. Was the election for the future only if Romney won?

Itsme2
SLC, UT

Correction, raybies, "we" didn't vote for this recession. Half of the country did and half did not. I am one of those who proudly voted for Mitt Romney and an end to the irresponsible Obama years. I am discouraged about the next four years and beyond.

md
Cache, UT

Wait. WE all get to shoulder the burden of the "fiscal cliff"? Bring it on. I am happy to pay my share, but I know I already pay way more than my share. 35% Federal taxes doesn't seem so bad when it isn't you paying that rate. 42%, once again, not so bad when it isn't you paying that rate. Why should I have to pay it alone? Entitlements need to be whittled down to the bare essentials. No more "obama phone" socialistic policies. I hope we hit the fiscal cliff so everyone can feel the pain, not just "the rich".

PAC
Phoenix, AZ

If you voted for Obama.. I don't want to hear from you when you are out on the street. Sorry

IDC
Boise, ID

We the People. Not us vs. them. Bring on the fiscal cliff. We should all shoulder the burden. As nice as it sounds to only have a small percentage of the people shoulder nearly all of the burden, it just won't work long term. America is/was great because all have the opportunity to succeed, not because we are all protected from failure.

Blue
Salt Lake City, UT

Bring it.

Let _all_ the Bush tax cuts expire, then start fro scratch with a more rational approach.

Let the automatic spending cuts happen, especially in the DoD.

When the public actually gets to see how this particular batch of sausage is being made, they'll be less inclined to pay for fighter jets the Air Force says it neither wants nor needs, and they'll ask themselves how it is that the guys who made out like bandits in the last ten years pay lower taxes than the rest of us do.

End the special tax breaks for private jets and luxury yachts.

Better yet, just reinstate the tax rates that existed at the end of the Reagan Administration. Those were good for our economy. Bush-era tax rates have been disastrous for everyone except the 1%.

Ifel Of'a-sofa
Alpine, Utah

I am for a FLAT TAX

We all pay the same tax when we buy a car, groceries, etc. (States do vary on sales tax though)

If you are LDS, we all pay the same tithing.

We all should pay the exact same percentage for income tax, period

I a betting the rate for the average person would go down.

DN Subscriber 2
SLC, UT

The ignorance of basic economics is astounding, but given the sorry state of our public education any more, not surprising.

There are no "free lunches" and politicians who have been buying votes by giving away "free stuff" with borrowed money are responsible. Yes, both Democrats and Republicans share the blame, but the 'rats are worse spenders and borrowers.

THe only solution is to cut spending on much loved "freebie" and "entitlement" programs. Even if Defense were shut down entirely and every dollar earned by "the rich" were confiscated, we would still be broke.

We must (and eventually will, regardless of what any politician tells you) tax everyone, end "earned tax credits" cut off the "Obama phones" funding for Public Broadcasting, foreign aid, reduce Medicare, end the Social Security Ponzi scheme, Cash for clunkers, college aid, environmental nonsense, and a host of other "nice to have" stuff and reduce government jobs by 50%.

Otherwise (or perhaps anyway) we will end up with a violent rebellion in the streets by the "takers" against the "makers". This is the consequence of shifting from the greatest nation of free people to one of government encouraged dependency and envy.

KDave
Moab, UT

The majority of Obama supporters/voters believe the "fiscal cliff" is somewhere in Colorado.

WinSum
Rexburg, ID

We have heard a lot about people paying "Their Fair Share." Hence, the "low or no payers" must also start paying the same percent as everyone else. We must stop politicians from "buying low income folks votes" by giving them stuff, freebies and broken promises. If we are all truly committed Americans, our fair-share is a small price to pay for our citizenship.

Maybe we really should "reinstate the draft" and have all the youth, responsible and irresponsible... gangs, unemployed and whinners actually see what discipline, duty and obligation really are. Maybe if our current social-justice lovers would put their works & deeds to work...... maybe a price could be paid. We don't need "shovel-ready projects" and more bull from constant campaigners. We need real jobs and real contributors, but as a nation we just voted "no thanks." I'd rather get freebies......

It's truly sad when over 70% of births in some groups have no men in the picture taking responsibility for their irresponsible behavior......and guess who "picks up the tab."?

Many of us have worked 1 full time and part in the Reserve for 20 + years.

I have never felt so sad for my country.

xscribe
Colorado Springs, CO

Us liberals: We are so dumb. All we want are handouts. We are all lumped together if we vote for Obama. And for those who say if Romney had won, things would be better, prove it! I thought he would win, and I also said I might vote for him, if he would only provide facts as to what his plan would entail. He did not do so. The Romney/Ryan ticket was: We know we can do this, we just don't know how or we are not going to tell you how. For all I know, and Romney never answered this question, a lot of the economists were correct: Romney would have raised taxes on those making between $100,000 and $250,000. I believe that is the middle class. But my vote came down to social issues. The economy has too many global factors for me to believe any one candidate, but the social issues are what scared me away from Romney, and I believe that's why he lost!

killpack
Sandy, UT

"Middle income families would have to pay an average of about $2,000 more next year"

What a scam! President Obama said only if you made more than 250K would your taxes wouldn't go up! What a liar! Fraud! And all of you agreeing to pay more, speak for yourself! I did NOT agree to this ripoff. Tax revenue currently is squandered. Why would I ever agree to paying MORE taxes. I want to pay less! If I could have it my way, the incompetent and totally corrupted men and women of Washington DC would not ever again receive another single DIME of my money. Has Texas seceded from the union already? This is absolutely ridiculous!

one vote
Salt Lake City, UT

It looks like 8 years of sour grapes. The Hillary for eight more years of sour grapes. Good thing Rush Limbaugh can do mot of the yelling for the next 16 years.

worf
Mcallen, TX

Those who voted for the liberals, will live with the liberals.

Too bad the rest of us will also.

A sixteen trillion debt equals a half million dollars for every second in a year.

No excuse for this, and we'll pay for it.

Tekakaromatagi
Dammam, Saudi Arabia

If we go over the fiscal cliff we will be getting a taste of what future generations will have to do pay off the debt we are accumulating. It is bad for us, but it is going to be a lot worse for them.

I think they should raise taxes on the rich, I would like to see the Republicans call the Democrats bluff because I know that Democrats won't means test the well to-do seniors because they are politically powerful.

Grundle
West Jordan, UT

" And for those who say if Romney had won, things would be better, prove it!"

That is as dumb a statement as the President's assertion that 9% unemployment was much better than 13%

Maybe we can say that the General Petraus scandal wasn't so bad...at least there wasn't two affairs covered up...oh wait...I mean three...

The justification for the bad things by pointing to a fictitious unknown that is worse is not a valid argument.

BTW...Has everybody noticed the really slick spelling assistant the D News has incorporated on the forums? Pretty cool!

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