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The Democrats think Romney just self-destructed by pointing out, um, THEIR ENTIRE STRATEGY ?
Remember JULIA Folks?
The Democrats think Romney just self-destructed by pointing out, um, THEIR ENTIRE STRATEGY | The Daily Caller
Julia was great - showing how safety nets help keep people from drowning.
The Democrats think Romney just self-destructed by pointing out, um, THEIR ENTIRE STRATEGY ?
Remember JULIA Folks?
The Democrats think Romney just self-destructed by pointing out, um, THEIR ENTIRE STRATEGY | The Daily Caller
The Democrats think Romney just self-destructed by pointing out, um, THEIR ENTIRE STRATEGY ?
Remember JULIA Folks?
The Democrats think Romney just self-destructed by pointing out, um, THEIR ENTIRE STRATEGY | The Daily Caller
The Democrats think Romney just self-destructed by pointing out, um, THEIR ENTIRE STRATEGY ?
Remember JULIA Folks?
The Democrats think Romney just self-destructed by pointing out, um, THEIR ENTIRE STRATEGY | The Daily Caller
I don't see where he is wrong in anything he said. It is a damn shame what obama has done to this country. The majority of the people defending him on this board sign their checks on the back.
Go through the life of Julia, tell me that Obama's plan is less than cradle to grave. Oh yeah, which society has that worked out well for?
China?
China that throws baby girls off cliffs? China with ghost steel in the 'new, improved, capitalist' economy?
The Democrats think Romney just self-destructed by pointing out, um, THEIR ENTIRE STRATEGY ?
Remember JULIA Folks?
The Democrats think Romney just self-destructed by pointing out, um, THEIR ENTIRE STRATEGY | The Daily Caller
47% of households owe no tax - and their ranks are growing - Sep. 30, 2009NEW YORK (CNNMoney.com) -- Most people think they pay too much to Uncle Sam, but for some people it simply is not true.
In 2009, roughly 47% of households, or 71 million, will not owe any federal income tax, according to estimates by the nonpartisan Tax Policy Center.
Some in that group will even get additional money from the government because they qualify for refundable tax breaks.
The ranks of those whose major federal tax burdens net out at zero -- or less -- is on the rise. The center's original 2009 estimate was 38%. That was before enactment in February of the $787 billion economic recovery package, which included a host of new or expanded tax breaks.
The issue doesn't get a lot of attention even as lawmakers debate how to pay for policy initiatives like health reform, whether to extend the Bush tax cuts and how to reduce the deficit.
The vast majority of households making up to $30,000 fall into the category, as do nearly half of all households making between $30,000 and $40,000.
As you move up the income scale the percentages drop.
Nearly 22% of those making between $50,000 and $75,000 end up with no federal income tax liability or negative liability as do 9% of households with incomes between $75,000 and $100,000.
Of course, income taxes don't tell the whole story. Workers are also subject to payroll taxes, which support Social Security and Medicare.
When considering federal income taxes in combination with payroll taxes, the percent of households with a net liability of zero or less is estimated to be 24% this year, according to the Tax Policy Center's estimates.
A key reason why there is a zero-liability group at all is because the U.S. tax system is progressive. Those who bring in more money pay more than those lower down the income scale to support government functions such as national defense and social safety nets like Medicaid for those in need. That progressivity can be dialed up or down.
"Some think it's too progressive. Some don't think it's progressive enough," said Roberton Williams, a senior fellow at the center.
President Obama falls into the latter camp. He has proposed increasing the income tax burden on families making more than $250,000 and individuals making more than $200,000, while offering new measures to reduce the tax bite for most Americans making less.
One of Obama's proposals is to extend the 2001 and 2003 Bush tax cuts for everyone except high-income tax filers, which was the group that derived the most benefit from those cuts.
As a result, under Obama's budget, he would keep the ranks of the non-payers higher than they would otherwise be.
Julia was great - showing how safety nets help keep people from drowning.
Julia was great - showing how safety nets help keep people from drowning.
Lakhota? Holy shit ....
