Nostra
Diamond Member
- Oct 7, 2019
- 63,205
- 54,260
- 3,615
Holy shit you are geopolitically illiterate.The surge in illegal aliens is due to the success of Conservative U.S. foreign policy in Central America during the 1980s.
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Holy shit you are geopolitically illiterate.The surge in illegal aliens is due to the success of Conservative U.S. foreign policy in Central America during the 1980s.
Both partys are financially irresponsible, JUST IN DIFFRENT ways. That is reality.Democrats are financially irresponsible. There's your summary. MAGA
Yeah, take every fucking Democrap in government and hang their sorry asses. That would stop the theft of America.Punish the 'successful' thieves, reward the people that create the wealth thru productive labor!
The entire banking and financial industries are blatant thieves. Democrats at least created the SEC, the IRS and banking regulations.
Has the GOP ever done anything besides deregulating them?
There was $29 billion for Bear Stearns, $345 billion for Citigroup. The Federal Reserve put up $600 billion to guarantee money market deposits and has aggressively driven down interest rates to essentially zero.
The list goes on and on. All told, Congress, the Treasury Department, the Federal Reserve and other agencies have taken dozens of steps to prop up the economy.
Total price tag so far: $7.2 trillion in investment and loans. That puts a lot of taxpayer money at risk. Now comes President-elect Barack Obama's economic stimulus plan, some details of which were made public on Monday. The tally is getting awfully close to $8 trillion.
Gas was cheap.Dishonest graph... covid shutdown and sill the economy was better back then... gas was cheap food was affordable... look what your boy Biden did to the people of America....
A $984 billion deficit is the same as a $442 billion deficit!?!?!No it didnt. It was basically the same. What numbers are you looking at?
2015 $442 $327 2.4% 2016 $585 $1,423 3.1% 2017 $665 $671 3.4% 2018 $779 $1,271 3.8% 2019 $984 $1,203 4.6%
Obama's last 3, and Trump's first 2 prior to COVID. Where's the "explosion"?
Did Biden Set US 'Back 50 Years' on Energy Independence Progress?Gas was cheap.
See if you can figure out why without sounding stupid.
Fact Check
Did Biden Set US 'Back 50 Years' on Energy Independence Progress?
It is true that 2019 was the first year since 1957 in which the U.S. was energy independent.
In 2019, Nancy Piglosi was in charge of the purse strings.....A $984 billion deficit is the same as a $442 billion deficit!?!?!
Wow. You have some serious willful blindness.
US budget deficit balloons to nearly $1 trillion for fiscal 2019
Reality is that large corporations are buying up the smaller competitors, and making market controlling monopoly's.They didnt earn it? I'm sure all the people making 150k or more a year who are paying 75% of the income tax would beg to differ with you. I know I earn the money Im making. Where can I get one of these jobs where they just hand over money that you dont have to work for? I'd love to have one.
And what would that "productive labor" be without all the business owners who are creating jobs for that labor? Standing around with their thumb up their ass producing nothing. It's the owners/investors who take all the risk. Labor gets it's payment up front, and has security. It's why they get less of the profit than the owner/investor who trades that upfront payment and security for greater benefit on the back end. Labor isnt forking over their savings to cover the owner/investor if the business fails so why should the owner/investor hand over a greater portion of the profits when it succeeds?
Was that Obamas last budget? You want to cherry pick his lowest budget. Why not the highest? Or the last?A $984 billion deficit is the same as a $442 billion deficit!?!?!
Wow. You have some serious willful blindness.
US budget deficit balloons to nearly $1 trillion for fiscal 2019
Ok.Reality is that large corporations are buying up the smaller competitors, and making market controlling monopoly's.
Barry’s last deficit was $665 billion, Stupid.A $984 billion deficit is the same as a $442 billion deficit!?!?!
Wow. You have some serious willful blindness.
US budget deficit balloons to nearly $1 trillion for fiscal 2019
Let's take it all from the "successful" so that they can't hire anyone.
Brilliant plan, Gomer.
Holy shit you are geopolitically illiterate.
You are an economically illiterate moron.Guess again, fool.
When the top tax bracket was 91% the economy boomed.
Historical Income Tax Rates
Wolters Kluwer takes a historical look at the top marginal income tax rates in the United States.www.wolterskluwer.com
I guess you forgot about this, didnt you?
$8 trillion bailout: Where Obama's stimulus plan fits in - Jan. 6, 2009
I've explained it to you a dozen times... so lets try this... it was lower under Trump and almost outrageously unaffordable under Biden so you explain that.....Gas was cheap.
See if you can figure out why without sounding stupid.
You are an economically illiterate moron.
While the average rates for total taxes on the top 0.1 percent have fallen 10.8 percentage points from the 1950s, average income tax rates have remained relatively stable. In the 1950s, the top 0.1 percent of households faced average effective income tax rates of 21.0 percent, versus 20.7 percent as of 2014.
How could it be that a top marginal income tax rate of 91 percent resulted in an average income tax rate (including state and local income taxes!) of only 21.0 percent for the top 0.1 percent during the 1950s? A previous Tax Foundation analysis explains:
- The 91 percent bracket of 1950 only applied to households with income over $200,000 (or about $2 million in today’s dollars). Only a small number of taxpayers would have had enough income to fall into the top bracket—fewer than 10,000 households, according to an article in The Wall Street Journal.
- Even among households that did fall into the 91 percent bracket, the majority of their income was not necessarily subject to that top bracket. After all, the 91 percent bracket only applied to income above $200,000, not to every single dollar earned by households.
- Finally, it is very likely that the existence of a 91 percent bracket led to significant tax avoidance and lower reported income. Many studies show that, as marginal tax rates rise, income reported by taxpayers goes down. As a result, the existence of the 91 percent bracket did not necessarily lead to significantly higher revenue collections from the wealthy.
Income Taxes on the Top 0.1 Percent Weren’t Much Higher in the 1950s
High marginal income tax rates on the rich were recently proposed. But how much have effective tax rates on the wealthy changed since 1950s?taxfoundation.org
Ok stupid, let's go back to those rates. Let's also go back to spending from 1946: $55 billion.Thanks for another LAME response!
What you & who's nonsense you are regurgitating are forgetting is that when there was a 91% income tax bracket, there were a lot of other lessor income tax brackets below the top rate.
That means that there were a whole lot of taxes paid based on income below the top tax brackets:
1946 had tax brackets for:
20.00%
22.00%
26.00%
30.00%
34.00%
38.00%
43.00%
47.00%
50.00%
53.00%
56.00%
59.00%
62.00%
65.00%
69.00%
72.00%
75.00%
78.00%
81.00%
84.00%
87.00%
89.00%
90.00%
91.00%
Thanks for playing, dumbass!
Historical Federal Individual Income Tax Rates & Brackets, 1862-2021
How do current federal individual income tax rates and brackets compare historically?taxfoundation.org
During Covid, the price of oil went negative. So, yes, gas was very cheap. Golly!I've explained it to you a dozen times... so lets try this... it was lower under Trump and almost outrageously unaffordable under Biden so you explain that.....