If your single and have a AGI of less than $8500, you pay 10% FIT.Notice that you never address the FACT that those evil rich people are paying 38% of the taxes and 47% of income earners most 50,000 or less pay zero. That the liberal definition of fair share?
If your single and have a AGI of less than $8500, you pay 10% FIT.
In an attempt to stem its financial hemorrhaging, the U.S. Postal Service is seeking to reduce its workforce by 20 percent, including through layoffs now prohibited by union contracts. USPS also wants to withdraw its employees from the health and retirement plans that cover federal staffers and create its own benefit programs for postal employees.
This major restructuring of the Postal Service’s relationship with its workforce would need congressional approval and would face fierce opposition from postal unions. But if approved, eliminating contract provisions that prevent layoffs and quitting the federal employee health and retirement programs could have ramifications for workers across the government and throughout the national’s labor movement.
In a notice to employees informing them of its proposals, with the headline “Financial crisis calls for significant actions,” the Postal Service said “we will be insolvent next month due to significant declines in mail volume and retiree health benefit prefunding costs imposed by Congress.”
The Postal Service plan is described in two draft documents obtained by The Washington Post. A “Workforce Optimization” paper acknowledges “that asking Congress to eliminate the layoff protections in our collective bargaining agreements is an extraordinary request by the Postal Service, and we do not make this request lightly. However, exceptional circumstances require exceptional remedies.
“The Postal Service is facing dire economic challenges that threaten its very existence. . . . If the Postal Service was a private sector business, it would have filed for bankruptcy and utilized the reorganization process to restructure its labor agreements to reflect the new financial reality.”
We do have a revenue problem, before Bush's tax cuts our nation was well on our way of solving the debt problem. Besides, the Federal government should spend money to improve our nation. President Eisenhower did it in the '50's when he built the Interstate Highway systemWhere have I ever promoted class warfare and be specific? What is shared sacrifice from the 47% that earn income but pay zero on FIT? You say we have a revenue problem, I don't because I believe we have a spending problem. If you have a revenue problem there are 47% of income earners paying nothing that should be a source of revenue. Yet people like you want to focus on the 1% or 5% of income earners (140 million income earners X1% or 5% which equals 1.4 million or 7 million) instead of the over 60 million paying zero. That seems to be liberal logic.
Lower taxes on taxpayers. Widen the tax base by including everyone in the tax base. This seems very simple to comprehend. Doesn't it?And another rightwinger tosses the principle of lowering taxes under the bus in order to win an internet debate
Rightwingers have no principles; just slogans they discard when their convenience disappears
Isn't this what Republicans/conservatives want?this hour:
USPS proposes cutting 120,000 jobs, pulling out of health-care plan - The Washington Post
party on, progressives
What's the interest rate on Treasury's ???the deficit for february, 2011, alone was greater than all federal borrowing in fiscal 2007
U.S. sets $223B deficit record - Washington Times
Deficit for Fiscal 2007 Slides - Real Time Economics - WSJ
How do they get it back? How do you do that on Form 1040??
What's the interest rate on Treasury's ???
We do have a revenue problem, before Bush's tax cuts our nation was well on our way of solving the debt problem. Besides, the Federal government should spend money to improve our nation. President Eisenhower did it in the '50's when he built the Interstate Highway system
I'm sorry, I fail to see how we were on our way to solving our debt problem before the Bush tax cuts …. during the 8 years of Clinton, we still added 1.5 trillion dollars to our debt load, that was with an increase in taxes ......
what was the budget deficit in 2000?
what was the budget deficit in 2000?
You made the claim they get their money back, so i'm asking YOU how this is done.Ask the IRS, they put out the numbers. Amazing how you ignore reality. Let's get back on track, Obama inherited an AAA rating from Bush that is now AA+, the first downgrade in history. That is a fact that has to be addressed an you haven't done that? You believe it is a revenue problem yet since Obama took office the debt has grown 4 trillion dollars taking us to almost 100% of GDP. That is what liberal Obama supporters want to ignore
You made the claim they get their money back, so i'm asking YOU how this is done.
Clinton had a budget surplus.I'm sorry, I fail to see how we were on our way to solving our debt problem before the Bush tax cuts …. during the 8 years of Clinton, we still added 1.5 trillion dollars to our debt load, that was with an increase in taxes ….
That's not what I wrote.So your opinion of fixing our debt problem is increasing taxes, then adjust spending so you are still spending more than what is taken in ?? I guess only in the mind of a liberal does that work.
Clinton had a budget surplus.
That's not what I wrote.
this morning: pelosi picked becerra
Super committee members finalized - Jonathan Allen - POLITICO.com
two hours later:
Becerra fundraiser touts super committee nod - Anna Palmer - POLITICO.com
What does the AAA downgrade have to do with anything. Even Gov. Christie said it was ridiculous.No, Clinton didn't but you and others keep making that claim. You don't seem to understand what creates a surplus so again, public debt PLUS intergovt. holdings=surplus or deficit. tell me that Clinton had a surplus adding 1.3 trillion to the debt. Now what does that have to do with Obama inheriting an AAA rating and having ti downgraded?
.=pbrauer;1059721271]Clinton had a budget surplus
That's not what I wrote.
What does the AAA downgrade have to do with anything. Even Gov. Christie said it was ridiculous.
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