Deficit reduction from 2009 to 2010.

Discussion in 'Politics' started by Sallow, Oct 15, 2010.

  1. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    Looks like it's going down..

    All this while the Average Joe saw taxes go down.

    The old adage is true: If you want to live like a Republican..Vote Democrat.
     
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  2. Dr.Traveler
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    Dr.Traveler Mathematician

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    Prediction: First GOP'er to post will say it's still too much money spent and still too much taxation.
     
  3. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    Well they could.

    But taxes have gone down.

    And the number of people on the federal payroll has shrunk.

    Along with the fact we are extracting ourselves from Iraq..
     
  4. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    The other thing people may want to look at is the stock market..and recent profit reports of major corporations.

    Both have been doing well.
     
  5. ClosedCaption
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    ClosedCaption Diamond Member

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    facts are stubborn things
     
  6. Revere
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    Anyone who can realize income in 2010 and pay taxes on it this year, instead of 2011, when everyone's taxes will go up, is doing that.
     
    Last edited: Oct 15, 2010
  7. Revere
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    Is this where someone asks what that does for "main street?"

    The Fed is giving free money to banks, who are using it to buy stocks.
     
  8. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    Anyone who can realize income in 2011 and pay taxes on it that year, instead of 2012 will do that..normally.

    What's the point being made?
     
  9. Revere
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    Income is artificially high, and hence tax revenue, because nobody wants ot pay 2011 rates.

    Get back to us this time next year.
     
  10. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Democrats should run on this! How many Democrats are campaigning on this great news?

    We only ran up a monthly deficit of $90 Billion and 1.3*10^12 for the year!

    Keep it Going!
     

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