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Another stalker. At least you are not alone.
So your answer then is to send people who aren't paying any Federal Income Taxes a check? How much and why? Amazing how you believe those evil rich people who are paying 38% of all Federal Income Taxes collected AFTER the tax cuts benefit more than people who aren't paying any Federal Income taxes at all? You call yourself "slightly liberal?" That total lack of logic and common sense makes you totally liberal.
Do you mind responding to this video?
"Bush is an incompetent leader. In fact, he's not a leader,'' Pelosi said. "He's a person who has no judgment, no experience and no knowledge of the subjects that he has to decide upon.'' - Pelosi 2003
"President Bush is a liar," Reid, the Senate's Assistant Majority Leader, said. "He betrayed Nevada and he betrayed the country." - Harry Reid, 2002
Senate Democratic leader Harry Reid called President Bush "a loser" during a civics discussion with a group of teenagers at a high school on Friday.
"The man's father is a wonderful human being," Reid, D-Nev., told students at Del Sol High School when asked about the president's policies. "I think this guy is a loser." - Harry Reid, 2005
Pretending to be a victim doesn't make your posts any more believable.
Try again.
Currently with Bush tax cuts:
A single person earning $18,000 per year.
Taxable income of $8,650 in 2010 .
Tax @ 10% = $884
Make Work credit is $400
tax liability is PAY $484
So tell me Conservative, how much tax money do you thing would go into the pot if we managed to grab a few quid off of the working poor?
Who in addition to the ten % they pay in income taxes pay and additional 16% in other taxes.:2wave:
Quit stalking me. Either make a point relevant to the discussion or STFU.
And drive bys do what to show that you know what’s going on?
Not only were the tax cuts stimulative, so were the increases in actual spending by the federal government. For more information, see this article.
I'm not arguing that spending increases don't stimulate the economy. The article you linked was about potential 2009 stimulus so I don't see how it relates to our previous conversation regarding the tax cut in 2003. However, I have a problem with how the stimulus spending stimulated the economy. Essentially you are increasing government transfer payments to temporarily lift GDP (unemployment extension, food stamp increases, temporary employment for infrastructure projects, etc.) You do this buy borrowing demand from the future and spending it today. Now I do think that there should have been some stimulus in 2009 due to the extreme situation presented by the recession. However, I didn't support the size of the package or the frivolity in which it was spent. Maybe if spending had contracted appropriately the following years I could get behind it. In the article you linked the economist calls for a stimulus of $50 -$100 billion. The final total was around $850 billion.
Currently with Bush tax cuts:
A single person earning $18,000 per year.
Taxable income of $8,650 in 2010 .
Tax @ 10% = $884
Make Work credit is $400
tax liability is PAY $484
So tell me Conservative, how much tax money do you thing would go into the pot if we managed to grab a few quid off of the working poor?
Who in addition to the ten % they pay in income taxes pay and additional 16% in other taxes.:2wave:
"Living Wage"? You mean like the OWS demand of Living wage? And why look for yet another way to give BS numbers to make the current criminal in the WH look better?
Anyone who actually thinks that this country is better off today than when Obama came into office I would suggest is seriously delusional.
j-mac
So, you flunked your reading test, so what's new?
Simply responding to a poster that 47% of income earning households paid zero Federal Income Taxes due to the Bush tax cuts which shows the benefited greater than those evil rich people and that destroys the liberal argument about tax cuts for the rich
Lets give credit where is credit is do. More than 1/3 have incomes below $20,000. (Note: Ronald Reagan made the decision in 1986 to exempt people with incomes below the poverty line from federal income tax. Twenty-five years later, that still seems like a good call.)
Rick Perry: Middle Income Americans Don't Pay Enough Income Taxes - Forbes
they are not counting the thousands that are starting to exhaust all their benefits and still dont have work! the UI number is a joke and has always been a joke because they only count the number of people currently on unemployment. there are many that run out of UI way b4 they ever find work again.
not to mention the fix is in on these numbers anyway because there was only 120,00 jobs created but to get those numbers you would need over 400,000
they count the same way they always have, so it's relative.
no its not, when u have this long of a bad economy!
people are exhausting their benefits and not finding work but are being counted as if they did just because they no longer receive benefits.
They do pay taxes, it depends upon what deductions are claimed and what their taxable income is. Here is the current table:Short of a personal attack, what's your point? Treedancer just said that that person would pay $484 in federal income taxes.
He also said that the working poor pay income taxes.
2011 | ||||||||||||||
Married Filing Jointly | Married Filing Separately | Single | Head of Household | |||||||||||
Marginal | Tax Brackets | Marginal | Tax Brackets | Marginal | Tax Brackets | Marginal | Tax Brackets | |||||||
Tax Rate | Over | But Not Over | Tax Rate | Over | But Not Over | Tax Rate | Over | But Not Over | Tax Rate | Over | But Not Over | |||
10.0% | $0 | $17,000 | 10.0% | $0 | $8,500 | 10.0% | $0 | $8,500 | 10.0% | $0 | $12,150 | |||
15.0% | $17,000 | $69,000 | 15.0% | $8,500 | $34,500 | 15.0% | $8,500 | $34,500 | 15.0% | $12,150 | $46,250 | |||
25.0% | $69,000 | $139,350 | 25.0% | $34,500 | $69,675 | 25.0% | $34,500 | $83,600 | 25.0% | $46,250 | $119,400 | |||
28.0% | $139,350 | $212,300 | 28.0% | $69,675 | $106,150 | 28.0% | $83,600 | $174,400 | 28.0% | $119,400 | $193,350 | |||
33.0% | $212,300 | $379,150 | 33.0% | $106,150 | $189,575 | 33.0% | $174,400 | $379,150 | 33.0% | $193,350 | $379,150 | |||
35.0% | $379,150 | - | 35.0% | $189,575 | - | 35.0% | $379,150 | - | 35.0% | $379,150 | - | |||
Note: Last law to change rates was the Jobs and Growth Tax Relief Reconciliation Act of 2003. |
which has always happened. are you young, by chance?
i like to think i am at 35years!
yea i said that lol
but it is worse in this economy then usual!
Someone making 18 g's a year, isn't going to pay any income taxes.
this is the 2011 tax table.You do the math.
18,000 18,050 $2,279
http://www.irs.gov/pub/irs-pdf/i1040tt.pdf
this is the 2011 tax table.You do the math.
18,000 18,050 $2,279
http://www.irs.gov/pub/irs-pdf/i1040tt.pdf
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