The Moderate Voice - Latest Comments in Is Obama taxing really taxing Tea?

Re: Is Obama taxing really taxing Tea?

HemmD — Wed, 15 Apr 2009 21:54:58 -0000

Tony

I&#39ve posted my rant before.
Because both the left and right are cowardly, I get to pay $1.01 per pack of cigarettes to fund insurance for the S-Chip kids.

I&#39m happy to take up the slack of the rest of you, somebody has to care enough for the well being of kids. What&#39s the problem with the rest of you? Light up and be a humanitarian, It&#39s the American Way.

Re: Is Obama taxing really taxing Tea?

HemmD — Wed, 15 Apr 2009 16:54:58 -0000

Tony

I've posted my rant before.
Because both the left and right are cowardly, I get to pay $1.01 per pack of cigarettes to fund insurance for the S-Chip kids.

I'm happy to take up the slack of the rest of you, somebody has to care enough for the well being of kids. What's the problem with the rest of you? Light up and be a humanitarian, It's the American Way.

Re: Is Obama taxing really taxing Tea?

galtin86 — Wed, 15 Apr 2009 15:41:08 -0000

Interesting side note. The Boston Tea party was sparked because of a tax cut on tea, not a tax increase. See http://www.bostonteapartyship.com/history.asp

"On May 10, 1773, the British parliament authorized the East India Co., which faced bankruptcy due to corruption and mismanagement, to export a half a million pounds of tea to the American colonies for the purpose of selling it without imposing upon the company the usual duties and tariffs. With these privileges, the company could undersell American merchants and monopolize the colonial tea trade."

In this context, a true "Boston Tea Party" may have been more apt in the Bush years!

Re: Is Obama taxing really taxing Tea?

CStanley — Wed, 15 Apr 2009 15:29:55 -0000

The only actions that I can conceive of that would have the tangible effect you refer to that the Boston Tea Party had, would be the suggestions by some to &#39go Galt.&#39 But that&#39s stupid too- first, it&#39ll never happen on any large scale so it&#39s still just symbolic, and then the reason it won&#39t happen is that people realize that it&#39s not in their own best interest to cut their income in order to pay less in taxes.

Besides, we&#39ve already involuntarily reduced our tax liability from those things- loss of income as many have lost jobs, or had cutbacks in compensation; loss of investment income with the market crash; loss of home value as the real estate bubble burst. But then that loss of revenue for the govt leads not to less spending, but more. Go figure.

Re: Is Obama taxing really taxing Tea?

Ryan — Wed, 15 Apr 2009 15:12:48 -0000

"... Obama is spending way too many tax dollars on programs that are questionnable at best."

Which programs would those be?

Re: Is Obama taxing really taxing Tea?

galtin86 — Wed, 15 Apr 2009 10:41:08 -0000

Interesting side note. The Boston Tea party was sparked because of a tax cut on tea, not a tax increase. See http://www.bostonteapartysh...

"On May 10, 1773, the British parliament authorized the East India Co., which faced bankruptcy due to corruption and mismanagement, to export a half a million pounds of tea to the American colonies for the purpose of selling it without imposing upon the company the usual duties and tariffs. With these privileges, the company could undersell American merchants and monopolize the colonial tea trade."

In this context, a true "Boston Tea Party" may have been more apt in the Bush years!

Re: Is Obama taxing really taxing Tea?

CStanley — Wed, 15 Apr 2009 10:29:55 -0000

The only actions that I can conceive of that would have the tangible effect you refer to that the Boston Tea Party had, would be the suggestions by some to 'go Galt.' But that's stupid too- first, it'll never happen on any large scale so it's still just symbolic, and then the reason it won't happen is that people realize that it's not in their own best interest to cut their income in order to pay less in taxes.

Besides, we've already involuntarily reduced our tax liability from those things- loss of income as many have lost jobs, or had cutbacks in compensation; loss of investment income with the market crash; loss of home value as the real estate bubble burst. But then that loss of revenue for the govt leads not to less spending, but more. Go figure.

Re: Is Obama taxing really taxing Tea?

Ryan — Wed, 15 Apr 2009 10:12:48 -0000

"... Obama is spending way too many tax dollars on programs that are questionnable at best."

Which programs would those be?