Most of YOU really are either too lazy or stupid when you suggest..

Discussion in 'Politics' started by healthmyths, Nov 9, 2012.

  1. healthmyths
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    healthmyths Gold Member Supporting Member

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    "just Let the TAX cuts expire for the wealthy that will take care of the problem!"

    YoU know idiots like that should try to use the Internet before making those stupid comments!!!

    Down load LIKE I did this document DIRECTLY from the IRS!!! SOI Tax Stats - Individual Statistical Tables by Size of Adjusted Gross Income
    It's IRS report for ALL taxpayers in 2009.

    Then do a little work LIKE I DID and find that the above spreadsheet shows in 2009 the IRS reported that:
    • A) 227,202 tax returns had adjusted gross INCOMES over $1 million
    • B) These returns combined gross adjusted gross income was $486.7 BILLION
    • C) The taxes these returns ACTUALLY PAID PAID directly $123.7 BILLION or 25.4% of adjusted income paid in taxes--- HIGHER then any other group!
    • D) If the $486.7 Billion was TAXED at 39.6% which was what the rate before Bush cut to 35% just a 4.6% increase..
    • E) The total additional TAX REVENUE in 2009 at 39.6% would generate $69.7 Billion...

    Obama's DEFICIT in 2009 was $1.4 TRILLION!!!

    SO IDIOTS YOUR TAX THE RICH at 39.6% ADDS just $69 billion or less then 4% of the DEFICIT!
     
  2. Oddball
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    Oddball BANNED Supporting Member

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    Fuck it...Let the tax rates go up and bring on the spending cuts.

    They made the gutless deal to let a committee handle the situation and now they can eat their shit sandwich.
     
  3. GuyPinestra
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    GuyPinestra Senior Member

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    Give it up, they're too stupid to know how to turn on a calculator.
     
  4. LibertyLemming
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    LibertyLemming VIP Member

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    4.9% but yeah, stupid to think it's gonna make a difference.
     
  5. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    Really surprised Republicans want to go back on this.

    So much for being "fiscally conservative".
     
  6. Black_Label
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    Black_Label Registered Democrat

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    How is bringing in 69 billion in new revenue 4%? Using your numbers, restoring the tax rates on only those making a million a year would slash the deficit in half. That's pretty damn impressive,..:eusa_clap:
     
  7. healthmyths
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    healthmyths Gold Member Supporting Member

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    What Romney's plan all along WAS GDP growth at 5% because at that unemployment goes down, payroll taxes go up and income taxes go up!

    5% of 15 trillion rate of growth for 5 years means $18 trillion GDP in 2017
    In 2009 gross adjusted income for all taxpayers was: $7.6 Trillion and total taxes paid was $865 billion or 11% of gross income.
    GDP in 2009 was $15 trillion or 62% in taxable income on which $865 billion was paid in taxes or of GDP - almost 6% of GDP Federal taxes.
    So in 2017 if GDP allowed to grow @5% Tax revenue would be $1.08 trillion!

    And that's why Romney could cut deficit WHILE NOT raising TAXES as he was counting on a POSITIVE PRO business attitude that would spur the 5% GDP growth!
     
  8. Oddball
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    Oddball BANNED Supporting Member

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    Yeah, well that lost.

    Looks like America voted for an anti-business pro stagnation economic agenda on Tuesday.
     
  9. Black_Label
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    Black_Label Registered Democrat

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    Willard's plan is the same as every from the GOP, give massive handouts to the rich and bankroll the snot out of their military cronies. Willard wanted to bring 6 trillion in spending just walking in the door!

    It didn't work under Reagan
    It didn't work under Bush
    and it really didn't work under W.

    Pay your fair share was a monumental success under clinton. It only makes sense to go with what works, and what works is democratic fiscal policies.
     
  10. healthmyths
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    healthmyths Gold Member Supporting Member

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    Dumb f...K! Here are the last 4 years of DEFICITS!!!
    Obama's deficits:
    • 2009 $1.4 Trillion -
    • 2010 $1.3 Trillion -
    • 2011 $1.3 Trillion -
    • 2012 $1.6 Trillion
    NOW dummy tell me how $69 billion is 50% of $1.6 Trillion????
    Wait... that's too complicated for you!
    Deficit meaning Obama spending MORE then what is coming in... DEFICIT!
    Deficit $1.6 trillion. When you cut something in half makes two parts equal or 50% RIGHT?
    50% of $1.6 trillion is $800 billion!
    Now which is the smaller number... $69 billion or $800 billion?
    I know take your time and shoes off OK??

    I pointed out adding $69 billion to Federal revenue by taxing million dollar incomes is less then 4% of the $1.6 trillion deficit!
    NOW do you get it???
     

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