Re: Bush's tax cuts don’t work; rich pay record high, below the median pay record low!
 

[quote=dmek25;459424]oh god. so we aren't really in a recession? im just dreaming that gas prices, food prices, and every other thing under the sun prices are rising? and first down, i love your look on politics. if its someone you like, or have voted for, in your eyes things that go south is never their fault. it always congress, or Bill Clinton's fault. and if something good comes out of someone you don't like, you do everything you can to deflect the praise. your loyalty is commendable[/quote]
Ok, please find when I have blamed Bill for todays problems. Maybe you can go back and find one but thats about it. Are times tough sure, is the media all over it because its an election year HELL YEA!!!!!!!!! I could sit at home and dwell on whats wrong or I can MOVE ON WITH LIFE AND MAKE THE BEST OF WHATS IN FRONT OF ME. I perfer a low tax pres. but if someone gets elected that wants to raise my taxes I'll just keep on doing what I have to do to provide.

Re: Bush's tax cuts don’t work; rich pay record high, below the median pay record low!
 

[quote=firstdown;459595]Ok, please find when I have blamed Bill for todays problems. Maybe you can go back and find one but thats about it. Are times tough sure, is the media all over it because its an election year HELL YEA!!!!!!!!! I could sit at home and dwell on whats wrong or I can MOVE ON WITH LIFE AND MAKE THE BEST OF WHATS IN FRONT OF ME. [B]I perfer a low tax pres.[/B] [B]but if someone gets elected that wants to raise my taxes I'll just keep on doing what I have to do to provide.[/B][/quote]

Obama is not going to raise taxes on small businesses and he's not going to raise taxes on people with income over 250K. McCain on the other had will exacerbate the deficit by continuing the war and at the same time cutting taxes. Sure some will get a lower tax bill today but future generations will be the one who get screwed at the end.

I'm not sure if you are aware but we currently pay 260 billion dollars in national debt interest annually and just the other day congress had to increase the debt cieling by 800 billion to 10.6 trillion. What does that mean? It means if you can't pay, increase your credit limit.

This isn't complicated folks, it's common sense 101.

Re: Bush's tax cuts don’t work; rich pay record high, below the median pay record low!
 

[quote=saden1;459606]Obama is not going to raise taxes on small businesses and he's not going to raise taxes on people with income over 250K. McCain on the other had will exacerbate the deficit by continuing the war and at the same time cutting taxes. Sure some will get a lower tax bill today but future generations will be the one who get screwed at the end.

I'm not sure if you are aware but we currently pay 260 billion dollars in national debt interest annually and just the other day congress had to increase the debt cieling by 800 billion to 10.6 trillion. What does that mean? It means if you can't pay, increase your credit limit.

This isn't complicated folks, it's common sense 101.[/quote]
Well if the article is correct which started this thread that the Rich are paying even more taxes sense the Bush tax cuts isn't Obama going to reverse this trend my reversing those tax cuts? Then he says he is going to cut taxes for the working Joe cutting even more taxes so how will he pay for all these goverment programs that he wants to expand and create?

Re: Bush's tax cuts don’t work; rich pay record high, below the median pay record low!
 

[url=http://finance.yahoo.com/taxes/article/105468/What's-Your-Share-of-the-Nation's-Tax-Bill?]What's-Your-Share-of-the-Nation's-Tax-Bill: Personal Finance News from Yahoo! Finance[/url]

Heres another artical stating some of the same things, lets you know wher you fit in, and has less of a bias tone to it. Also the chart at the bottom is pretty nice.

Single filing tax payers need to be extra weary when listening to politicians say who is going to be affected by their proposed tax changes, as they rarely drop filing statuses when siting numbers. If Obama says he only wants to raise taxes for the top quartile of all income earners, and then backs it up with just a number, for married filing jointly, of 131k, that sounds like Robin Hood talk to someone like my mom. She’s a single teacher in Fairfax Co. which makes it tough for her. But more importantly she’s a single filer with limited deductions and shell likely fall into the category of top quartile.

Re: Bush's tax cuts don’t work; rich pay record high, below the median pay record low!
 

[quote=jsarno;459155]Isn't that the democratic motto? ;)[/quote]
what about John McCain first saying he doesn't know anything about economics, and then saying he never said it? or McCain saying he is all about the veterans, and then voting against funding for them? both sides play that political game. but nice try, though

Re: Bush's tax cuts don’t work; rich pay record high, below the median pay record low!
 

[quote=dmek25;460170]what about John McCain first saying he doesn't know anything about economics, and then saying he never said it? or McCain saying he is all about the veterans, and then voting against funding for them? both sides play that political game. but nice try, though[/quote]
Could you please provide a link wher McCain said he did not know anything about economics. If he did say that I'm sure every comercial for Obama would have him saying that as a reason not to vote for him.

Well I see you fell for the Dems plan to add additional stuff to the Vets spending bill and thats why it was voted against. The President wanted the Vets bill as a stand alone bill and not to be tied to other spending which I believe the Dems added another 23 mill for other spending.

Here is the link to MSNBC about the Bill and the adding of 23million for other stuff.[url=http://www.msnbc.msn.com/id/21723880/]Bush to Congress: OK veterans bill - Politics - MSNBC.com[/url]

Re: Bush's tax cuts don’t work; rich pay record high, below the median pay record low!
 

that happens to every bill. so we don't take care of our vets, because there is too much pork attached? these guys don't get anywhere close to the respect that they have earned. the whole political system is turning into a joke. and as far as McCain saying that, i saw it in an interview on CNN

Re: Bush's tax cuts don’t work; rich pay record high, below the median pay record low!
 

On a broader range of economic issues, though, Mr. McCain readily departs from Reaganomics. His philosophy is best described as a work in progress. He is refreshingly blunt when he tell me: [B]"I'm going to be honest: I know a lot less about economics than I do about military and foreign policy issues. I still need to be educated."[/B] OK, so who does he turn to for advice? His answer is reassuring. His foremost economic guru is former Texas Sen. Phil Gramm (who would almost certainly be Treasury secretary in a McCain administration). He's also friendly with the godfather of supply-side economics, Arthur Laffer.

(From 2005-http://www.opinionjournal.com/editorial/feature.html?id=110007600)

Apparently he said something similar recently at some board meeting.

Re: Bush's tax cuts don’t work; rich pay record high, below the median pay record low!
 

[quote=dmek25;460185]that happens to every bill. so we don't take care of our vets, because there is too much pork attached? these guys don't get anywhere close to the respect that they have earned. the whole political system is turning into a joke. and as far as McCain saying that, i saw it in an interview on CNN[/quote]
To clarify firstdown's numbers that was $ 23 [B]Billion[/B] in unecessary pork. Over 2% of the total spending bill of $ 933 Billion. Where do you draw the line, 3%, 5%? How about none or under 1%, sounds good to me. It isn't the government's job to provide pet subsidies to localities, individuals, or corporations that keep them in office with the money we as taxpayers earned. If I want to keep a politician in office, I'll contribute to the campaign.

But the record deficits are all Bush's fault :doh:

Re: Bush's tax cuts don’t work; rich pay record high, below the median pay record low!
 

[quote=dmek25;460185]that happens to every bill. so we don't take care of our vets, because there is too much pork attached? these guys don't get anywhere close to the respect that they have earned. the whole political system is turning into a joke. and as far as McCain saying that, i saw it in an interview on CNN[/quote]
Ok, yesterday you where bashing Bush for spending too much money and today your upset with McCain because he did not support a bill which had 23 million additional spending attached. So which way do you want it? All the president said was he will sign a clean bill without all the other spending attached. So the Dems could just remove the additional spendING and it would be done. Whats so hard about that?

Re: Bush's tax cuts don’t work; rich pay record high, below the median pay record low!
 

as long as when the Dem's present a bill, the GOP doesn't attach a bunch of crap. you know, the way Washington usually works. and to me, spending money on our vets isn't frivolous, it should be automatic. president Bush had no problem signing that bull shit bill bailing out the mortgage companies. do you agree with financing fannie mae, and freddie mac?

Re: Bush's tax cuts don’t work; rich pay record high, below the median pay record low!
 

and firstdown, i enjoy having these discussions with you. i hope you never take it personal

Re: Bush's tax cuts don’t work; rich pay record high, below the median pay record low!
 

[quote=dmek25;460231]as long as when the Dem's present a bill, the GOP doesn't attach a bunch of crap. you know, the way Washington usually works. and to me, spending money on our vets isn't frivolous, it should be automatic. president Bush had no problem signing that bull shit bill bailing out the mortgage companies. do you agree with financing fannie mae, and freddie mac?[/quote]
I agree the Vets deserve better but this time it goes on the Dems for holding this bill up. I don't agree with the bailout of Fannie Mae & Freddie Mac but I'm not sure if there was any alternative. Remember that bill only says the goverment will step in if things go south and will let people convert their arms to traditional loans I think. I really have not read any pros or cons reguarding the bailout so I just cannot really say how I feel. As always Demek25 I enjoy going back and forth with you and no I do not take anything personaly and I hope you feel the same with my post. God I can't wait for Sunday night. Heck, even my wife asked if we could fire up the grill and cook a few hot wings.

Re: Bush's tax cuts don’t work; rich pay record high, below the median pay record low!
 

[quote=FRPLG;458855]I'd prefer if we just figured out how spend less money rather than raise taxes. I am pretty convinced we can get the same level of shitty services out of our gov't for 75% of our current collective tax burden is. Hell if done right we could probably get fair to middlin' services for 75% if we had competent politicans in charge of putting competent people in charge of our programs and got special interests out of the game.[/quote] Very well put !

Re: Bush's tax cuts don’t work; rich pay record high, below the median pay record low!
 

[quote=mlmpetert;458542]Im not sure if the source is trust worthy but..

[URL="http://www.wsj.com/article/SB121659695380368965.html?mod=psp_mostpop"]Their Fair Share - WSJ.com[/URL]

The nearby chart shows that the top 1% of taxpayers, those who earn above $388,806, paid 40% of all income taxes in 2006, the highest share in at least 40 years. The top 10% in income, those earning more than $108,904, paid 71%. Barack Obama says he's going to cut taxes for those at the bottom, but that's also going to be a challenge because Americans with an income below the median paid a record low 2.9% of all income taxes, while the top 50% paid 97.1%. Perhaps he thinks half the country should pay all the taxes to support the other half.[/quote]

Anyone struck by the fact that the bottom 50% of wage earners accounted for only 12% of the income? Probably just a bunch of kids working summer jobs and lazy people who piss away their time though. I doubt it is indicative of any serious inequality or anything. Carry on.

Re: Bush's tax cuts don’t work; rich pay record high, below the median pay record low!
 

[quote=firstdown;458653]The funny thing is that the article demonstrated how cutting taxes actual increases the amount of taxes paid to the federal goverment. From eveything I have read this has been true anytime that taxes hve been cut. Its only lip service so the lower class can get that warm fuzzy feeling that they are sticking it to the mean old rich people.[/quote]

[url=http://www.factcheck.org/askfactcheck/have_tax_cuts_always_resulted_in_higher.html]FactCheck.org: Have tax cuts always resulted in higher tax revenues and more economic growth as many tax cut proponents claim?[/url]
[url=http://www.factcheck.org/taxes/supply-side_spin.html]FactCheck.org: Supply-side Spin[/url]