General Discussion

BainsBane

(57,803 posts)

49. TPP is Obama's policy

Tue Jul 22, 2014, 03:08 PM

Jul 2014

Not hers. Did you vote for Obama? That the President assigned her to negotiate TPP does not make it "her policy."

I suggest you check your math. There has never been a proposal to abolish the FICA cap but rather to increase it. The increase doesn't get near the 1 percent. It would increase taxes on those between $114k and whatever the top proposed rate was at the time, usually not much more than $200 k. Based on the poll that Cali did, that's about the average income of members of this board and not the 1 percent.

Another basic point about FICA you don't understand: It applies to earned income only--wages. Not investment income. The one percent don't earn wages from jobs like the rest of us. Even investment bankers and the like are able to claim their salaries as capital gains, which means they don't pay FICA at all.

Those two examples are both clearly wrong, and obviously so.

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A light came on for me this morning, while watching ... [View all] 1StrongBlackMan Jul 2014 OP

either way she loses magical thyme Jul 2014 #1

You're giving way too much credit to the American people LordGlenconner Jul 2014 #26

which also explains why she is taking the other route magical thyme Jul 2014 #29

+1 Enthusiast Jul 2014 #40

I've run into people who knew nothing of TPP rickyhall Jul 2014 #41

You nailed it. djean111 Jul 2014 #2

No ... 1StrongBlackMan Jul 2014 #4

It is just that might be considered Far left - I despise the Third Way and Corporatism - and it djean111 Jul 2014 #5

yep and it's a frickin shame too Duppers Jul 2014 #8

I don't think it's that easy YarnAddict Jul 2014 #16

I said "democratic candidates" Duppers Jul 2014 #19

I'm perplexed as to why you would YarnAddict Jul 2014 #27

you've enlightened me Duppers Jul 2014 #34

I checked out your link YarnAddict Jul 2014 #42

they're greasing FAR more on the right than the left Duppers Jul 2014 #51

That's what happens when the wealth gap gets to wide Marrah_G Jul 2014 #11

I don't distain them, I pity them. Half-Century Man Jul 2014 #14

Why not post a poll? nt MannyGoldstein Jul 2014 #24

You need a star to post a poll, Manny. n/t CaliforniaPeggy Jul 2014 #35

Peg ... Tuesday Afternoon Jul 2014 #65

Aw, my dear Tuesday Afternoon... CaliforniaPeggy Jul 2014 #66

aw shucks ... Tuesday Afternoon Jul 2014 #67

good for you! nt Duppers Jul 2014 #10

The fact that Hillary does not understand that is very disturbing. Enthusiast Jul 2014 #39

I think that's a good characterization of the problem, and it denotes an acceptance Erich Bloodaxe BSN Jul 2014 #3

The GOP is appalled that we have any sort of boat at all, and is trying to hand out a Titanic-sized djean111 Jul 2014 #6

FDR and JFK were wealthy n2doc Jul 2014 #7

+100 Duppers Jul 2014 #9

That's more or less true, as far as it goes, and yet ... surrealAmerican Jul 2014 #12

In essence, the big question is... JHB Jul 2014 #13

Both views are true IronLionZion Jul 2014 #15

does she pay more taxes than rmoney?does she think her taxes should go UP! pansypoo53219 Jul 2014 #17

I agree with you completely on this. blackspade Jul 2014 #18

You make a very interesting and, I think, valid point. Jackpine Radical Jul 2014 #20

I have seen that report ... 1StrongBlackMan Jul 2014 #25

Nor would I endorse such a blanket statement. Jackpine Radical Jul 2014 #28

From what I can tell BainsBane Jul 2014 #21

Oh my ... 1StrongBlackMan Jul 2014 #22

That's a complicated issue BainsBane Jul 2014 #23

That was an unattributed quote I found on-line a while back; but ... 1StrongBlackMan Jul 2014 #33

Missed it? The point is, those who oppose Clinton do not oppose her because of her wealth. Enthusiast Jul 2014 #37

Yes, you have misunderstood it BainsBane Jul 2014 #45

The TPP for one. Enthusiast Jul 2014 #46

TPP is Obama's policy BainsBane Jul 2014 #49

Oh, but I do understand. I didn't say "abolish the FICA cap". Enthusiast Jul 2014 #50

Why do you find it necessary to state false information? BainsBane Jul 2014 #64

GOP 1% want to pay LOWER tax rate than 99% vs Dem 1% want to pay HIGHER rate than 99%.... ErikJ Jul 2014 #30

Well said. That's exactly the issue. When someone's wealth depends on someone's valerief Jul 2014 #31

No, you nailed it here: freshwest Jul 2014 #32

Kicked and recommended! You have nailed it, 1StrongBlackMan. Enthusiast Jul 2014 #36

Oh how I wish ... 1StrongBlackMan Jul 2014 #38

If HRC comes out further to the Left Enthusiast Jul 2014 #43

Fair enough; but ... 1StrongBlackMan Jul 2014 #44

If you value job creation, you should be against free trade deals like the TPP. Enthusiast Jul 2014 #48

I do not know what's in the TPP ... 1StrongBlackMan Jul 2014 #53

What really pisses me off, is the double standard the GOP places on wealth. Rex Jul 2014 #47

That's because the Left has ... 1StrongBlackMan Jul 2014 #54

Well when I talk about the 1%...it is actually the 1% of the 1%. Rex Jul 2014 #56

I beg to differ ... 1StrongBlackMan Jul 2014 #58

It's what people do, not who they are. DirkGently Jul 2014 #52

And this ... 1StrongBlackMan Jul 2014 #57

One is an index of the other, I think they'd say DirkGently Jul 2014 #61

It's crystal clear, actually, and I posted elsewhere about how Clinton is making Mitt's mistake Warpy Jul 2014 #55

The Left, i.e., OWS, IMO ... 1StrongBlackMan Jul 2014 #59

I think we're talking past each other here Warpy Jul 2014 #60

There are several issues involved here sadoldgirl Jul 2014 #62

I have strong concerns about Hillary - but how much money she has is not one of them Douglas Carpenter Jul 2014 #63