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so in otherwords, Obama is the "party of no"..... thanks for the irony lesson and the concession, chief.
No, it was the rightwing extremists who demand spending cuts or they will take down the economy
But I'm not worried. Not raising the debt ceiling would hurt Big Business, which owns the RNC. The repubs will do what their corporate masters tell them to do
So keep raising the debt limit, keep increasing spending, and tax the rich more. This is your "end game"?
No, the RNC and the teabaggers are the party of No. The rest of us understood that without explanation.
The Good Reverend isn't "blessed" at all. Hard work, smart decisions, and a savvy for getting things done..... In this regard, I am not blessed at all.
...The American people, by and large, are irresponsible people. They do not spend their own money within their means. That are sadly up to their eyeballs in debt. And, they have not saved enough money for retirement. Frugality, self-discipline, self-sufficiency, and personal responsiblity are no longer the AMERICAN way. And, our Congressmen are no different. It's truly a sad state of affairs...
No, the RNC and the teabaggers are the party of No. The rest of us understood that without explanation.
yes, raise taxes on the rich, at the least we should go back to the pre-Bush TEMPORARY TAX CUTS era....
Could you please provide a breakdown with regards to the Bush tax cuts as far as how much went to the "wealthy" and how much went to everyone else?
Go back and read what I actually said. I said it will take 30 years of spending cuts and eliminating the tax cuts for the wealthy to reverse our debt problem created by 30 years of spending too much and our tax cuts for the wealthy.
It's those with less money who are being greedy and wanting more, not the rich.
And, don't forget what they did to President George H.W. Bush. They said $3 cuts per each $1 tax. Taxes were raised and the lying Dems cut 27 cents.
You know that you can trust a Democrat to be a Democrat.
The GOP seems to be the only one offering solutions.Good....I hope that you are right. And the Party of NO will pay dearly for their incompetence and childishness. The American people expect Congress to work to find solutions....all that the GOP is offering is continuning to be the party of No ideas.
No, it was the rightwing extremists who demand spending cuts or they will take down the economy
But I'm not worried. Not raising the debt ceiling would hurt Big Business, which owns the RNC. The repubs will do what their corporate masters tell them to do
bro, The Good Reverend saves that for Mrs Reverend Hellh0und.....impdaddy:
Maybe you should draw picture.
Actually, it's the republican way.
I disagree. From an economic perspective, everybody is equally greedy. It really doesn't matter the position, everybody wants more. This is the principle that the libertarian conception of the free market rests on, that everybody acts in their own economic self interest. This is also the principle by which communism fails; people will always exploit an incentive system to gain as much as they can rather than simply "giving according to their ability and taking according to their needs." The equal distribution of greed is the reason the free market works.
...then take a red sharpie pen and scrawl along the top: "Obama: More than all of these guys combined"Maybe you should draw picture.
Could you please provide a breakdown with regards to the Bush tax cuts as far as how much went to the "wealthy" and how much went to everyone else?
As we have seen first hand through the last 30 years, there was no qualification to be successful, or even to produce jobs or invest in this country, to get your tax cut. The only stipulation was that your income be over a certain amount. It actually would have made some sense to provide tax cuts to only those that invest in new jobs or businesses in this country, but that was not the case.
As in reduced capital gains taxes and not taxing dividend income? Both are tangible proof of investment in companies and therefore jobs.
In other words, you agree with the Republicans idea that it should be solved solely by cuts to the elderly and pooerest among us, and leave the wealthiest alone. Talk about class warfare.
"WASHINGTON, Jan. 7 — Families earning more than $1 million a year saw their federal tax rates drop more sharply than any group in the country as a result of President Bush’s tax cuts, according to a new Congressional study.
The study, by the nonpartisan Congressional Budget Office, also shows that tax rates for middle-income earners edged up in 2004, the most recent year for which data was available, while rates for people at the very top continued to decline."
Economists and tax analysts have long known that the biggest dollar value of Mr. Bush’s tax cuts goes to people at the very top income levels. One reason is that two of his signature measures, tax cuts on investment income and a steady reduction of estate taxes, overwhelmingly benefit the wealthiest households.
But the Congressional study offers additional insight because it incorporates information about what people paid in 2004, the first year in which taxpayers could take full advantage of the cuts on stock dividends and capital gains.
The study estimates that the effective federal income tax rate, which excludes payroll taxes for Social Security and Medicare, declined modestly for people in the middle- and lower-income categories.
Families in the middle fifth of annual earnings, who had average incomes of $56,200 in 2004, saw their average effective tax rate edge down to 2.9 percent in 2004 from 5 percent in 2000. That translated to an average tax cut of $1,180 per household, but the tax rate actually increased slightly from 2003.
Tax cuts were much deeper, and affected far more money, for families in the highest income categories. Households in the top 1 percent of earnings, which had an average income of $1.25 million, saw their effective individual tax rates drop to 19.6 percent in 2004 from 24.2 percent in 2000. The rate cut was twice as deep as for middle-income families, and it translated to an average tax cut of almost $58,000."
Tax Cuts Offer Most for Very Rich, Study Says - New York Times
I disagree. From an economic perspective, everybody is equally greedy. It really doesn't matter the position, everybody wants more. This is the principle that the libertarian conception of the free market rests on, that everybody acts in their own economic self interest. This is also the principle by which communism fails; people will always exploit an incentive system to gain as much as they can rather than simply "giving according to their ability and taking according to their needs." The equal distribution of greed is the reason the free market works.
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