pepper0
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| 16 Oct 2012 09:57 PM |
Same reasons why he won the previous won, but better.
Obama certainly did better in this debate, but with the debt, deficit, the state the economy is in now, Romney clearly came out on time considering he is more experienced in that field, and that field is more of a top priority. |
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| 16 Oct 2012 09:57 PM |
ok, i respect your opinion.
but can you give specifics on romneys plans since he kept avoiding giving them? |
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| 16 Oct 2012 10:00 PM |
| Sasuke now you are just resorting to the same arguments sinii uses |
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pepper0
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| 16 Oct 2012 10:00 PM |
| Obama too wasn't clear on specifics and dodged questions, but thats what people in debates tend to do. |
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| 16 Oct 2012 10:00 PM |
| pepper, you avoided my question. i asked you what romney did, not what obama didn't do |
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| 16 Oct 2012 10:01 PM |
| what romney is planning to do* |
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mazer246
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| Joined: 13 Sep 2007 |
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| 16 Oct 2012 10:02 PM |
| I am not sided with any candidate. I just find it interesting though how Mitt kept referring to his experience as governor of Massachusetts. It is experience, but he was talking about it as if it was equivalent to running a nation. Again, I am not sided with either candidate. |
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jbg23
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| Joined: 21 Feb 2011 |
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| 16 Oct 2012 10:02 PM |
pepper, you avoided my question. i asked you what romney did, not what obama didn't do
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so much yes |
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Jake15151
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| 16 Oct 2012 10:03 PM |
| Obama's question dodging really hurt him. By not attacking certain points/questions, he came off as simply a weaker debater. |
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jbg23
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| 16 Oct 2012 10:06 PM |
| ...still a better performance from Obama than the last debate, hahahahahahahaha. |
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| 16 Oct 2012 10:07 PM |
obama didn't really avoid questions. he avoided something about himself that is completely irrelevant to his presidency
romney avoided giving specifics on: his 5 point plan, tax reduction/revenue, balancing the deficit, and education |
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| 16 Oct 2012 10:09 PM |
| Sasuke, yes Obama did avoid questions? Romney repeatedly asked him questions that he continued to dodge. |
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pepper0
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| 16 Oct 2012 10:09 PM |
@sasuke
Sorry, I read you question wrong.
Anywho, Romney's approach IS actually specific, its just very simple. He clearly said he was going to lower taxes on lower to middle income owners which are now up and over 30%, cutting that down by 20.
That is actually specific, but just simple. Thats what a flat tax rate does.
Obama's, however, is very complicated and difficult to follow just like our current tax system. People spend more time and money trying to understand the thing than paying the tax itself. People actually profit from people not understanding the current tax code.
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| 16 Oct 2012 10:11 PM |
That is actually specific, but just simple. Thats what a flat tax rate does. --------------- and what loopholes is he specifically going to remove to compensate for lost revenue |
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| 16 Oct 2012 10:13 PM |
and i want MATH.
don't tell me that it will compensate for 5 trillion in tax cuts, show me |
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pepper0
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| 16 Oct 2012 10:17 PM |
and what loopholes is he specifically going to remove to compensate for lost revenue ---- Loopholes where not mentioned that much in this debate, I was disappointed, but closing loopholes would just bee denying corporations a loophole. Just like the Ryan Plan which is no different from Romney's plan.
The actual compensation not only comes from the closing of loopholes, but when companies and individuals get richer, they end up paying more thanks to a low tax rate.
Its counterintuitive. If you lower the rates and broaden the base, people will then work harder to earn more, they are still paying the same rate but they are paying more money. Thats basically Reaganomics in a nuttshell. |
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pepper0
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| 16 Oct 2012 10:23 PM |
I gave you math.
Do you want an actual equation? I will give you one.
Tax rate is 10%
One guy is making $10,000, so he pays $1000
Another guy is making $100,000, so he pays 10,000
Both parties keep 90% of what they make.
The richer guy still ends up paying more.
Then, those that are earning less realize that they can keep more money thanks to this tax rate, then he will work harder to earn more. This is how an economy grows. Then over time the Government gets more revenue in taxes.
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| 16 Oct 2012 10:25 PM |
"over time"
so you're saying that the debt will grow MORE when romney promised to cut it?
nice logic |
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pepper0
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| 16 Oct 2012 10:28 PM |
| Actually sir, by that logic, The debt will slow its increase and begin its decrease. |
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| 16 Oct 2012 10:31 PM |
actually, no
what confirmation is there that they will get incentive to go spend money?
while you get a 5 trillion loss of revenue, and you get 2 trillion in loopholes to offset this, that will keep a 4 trillion dollar deficit which will SLOWLY shrink over time
4 trillion a year ends with more than 20 trillion in debt by the end of 2016 |
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jbg23
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| 16 Oct 2012 10:32 PM |
don't tell me that it will compensate for 5 trillion in tax cuts, show me
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*ahem*
Are we assuming that productivity is elastic or inelastic? |
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jbg23
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| 16 Oct 2012 10:33 PM |
what confirmation is there that they will get incentive to go spend money?
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...the MPS is never 1, lol. |
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pepper0
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| 16 Oct 2012 10:37 PM |
| Sasuke, did you really just miss what I just said? |
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| 16 Oct 2012 10:38 PM |
| i understood exactly what you said, but how do you know they're have incentive to go out and get jobs/spend? |
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