Discussion in 'Politics' started by Skull Pilot, Feb 8, 2012.
Stephen Moore: A Fairness Quiz for the President - WSJ.com
The Presidents answer: Yes, because I say so.
First world problems.
Oh noes...I'm a millionaire and my biggest worry is that I might not make as much money as I would before.
While you're whining about how most of the money from reporters goes to democrats, why don't you complain about the conservative bias in the banking and insurance industries while you're at it.
If more conservatives were in the journalism and teaching games, you wouldn't have a liberal bias in them, would you. But conservatives don't choose those professions because they require personal sacrifice and pay low-medium wages.
I, for one, feel sorry for all those millionaires who have to pay all those taxes on their income. Maybe if they didn't have such a disproportionate share of the income they wouldnt have to pay such a disproportionate share of the taxes
The biggest problem with the argument of how much so and so pays in Federal Income Taxes is simply that Federal Income Taxes only account for around 40% of all Federal Revenues. When comparing to other countries, those statistics include total taxes, not just a smaller percentage of total taxes as you use in your example. The fact that you ignore payroll taxes completely creates an illusion that is not only unrealistic, it is a lie. Last of all, using statutory corporate tax rates rather than effective corporate tax rates is again very misleading. The fact is that the vast majority of American corporations have very low effective corporate tax rates. Just ask GE. And finally, you ignore the tax situation at the state level where the lowest income earners pay double to as much as four times the effective tax rate as the highest income earners in almost every state.
Is it fair that most of what you've cited (source???) is not true, partly true and/or twisted to fit your agenda?
No, its not but that has never stopped a right winger before so I don't think it will now.
Its the rw way - keep telling the same lies over and over again ... keep throwing the same crap against the wall and some will most certainly stick.
It is not fair that the President preaches about fairness while stocking his administration with people who are very unfair.
A new report just out from the Internal Revenue Service reveals that 36 of President Obama's executive office staff owe the country $833,970 in back taxes. These people working for Mr. Fair Share apparently haven't paid any share, let alone their fair share.
As Obama demands rich Americans pay more in taxes, the IRS reveals 36 Obama aides are far behind in their taxes by Andrew Malcolm - Investors.com
That was a real nice way of telling the OP that he's a liar.
The biggest problem with your argument is the assumption that GE is paying a lower corporate tax rate than any other corporation. It isn't. But GE is exporting or establishing all its profitable business and jobs to other countries that are more business friendly and keeping businesses for which it can show a loss (and therefore owe no taxes) here in the U.S.A.
Our fearless leader seems incapable of comprehending this, made GE's CEO one of his chief financial advisors re job creation, and seems oblivious to the situation that exists. And of course his surrogate mainstream media under reports it and will not challenge Obama on the hypocrisy involved.
The U.S.A. has the second highest, by a tiny fraction, corporate tax rate in the world and that, coupled with a business-unfriendly EPA, other excessive and unnecessary regulation, and the administration throwing unprecedented power to the unions is driving most of our manufacturing and other good paying jobs overseas.
Until we get a President and Congress that will address and correct this situation, we will continue to have a sluggish economy and unnecessarily high unemployment or underemployment rate with no light visible at the end of the tunnel.
Instead we have a President who is gung ho to promote policy that can only make it worse.
GRAPH: Contrary To GOP Claims, U.S. Has Second Lowest Corporate Taxes In The Developed World | ThinkProgress
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