Tax cuts

[Iowa10000]

Daily Kos: State of the Nation

whoops another debunking.

Lets have a poll on who would be willing to return to the old tax rates vs not doing it and having big deficits.
Lets have a poll on how many people think that the top 1% should get a tax cut even if they don't.
Lets have a poll on how much of their added income from tax cuts do you think the top 1% will spend to spurr the economy?

 

[Iowa10000]

poll questions
#1 do people think that the top 1% should get a tax cut even if they don't.
Answer NO
#2 how much of their added income from tax cuts do you think the top 1% will spend to sprue the economy? answer
O%
#3 who would be willing to return to the old tax rates vs not doing it and having big deficits?
answer ME
#4 who wants to keep the tax cuts for top 1%
answer NOT ME

 

[bigrebnc1775]

Daily Kos: State of the Nation

whoops another debunking.

Lets have a poll on who would be willing to return to the old tax rates vs not doing it and having big deficits.
Lets have a poll on how many people think that the top 1% should get a tax cut even if they don't.
Lets have a poll on how much of their added income from tax cuts do you think the top 1% will spend to spurr the economy?

Go away road kill you have been debunked.

 

[Twofox]

TWO FOX r u nuts? R u saying that business should be allowed to do as they want and there should be no oversight? That they will do the right thing if just left alone.

I think you named three groups, two that were given basically a free hand of running their own yet did a masterful job of almost bringing our country to it's knees. If you add the banking industry removal of over watch and that of the stock market you would see why we need regulations.
Not to forget to what our food would be like without oversight, or our air and water quality would be without the EPA and not to forget OSHA even though republicans have tried to end it.

The govt is here to protect us from each other and the harm that would be done if not stopped by oversight. You want more relaxing of oversight even tho every time this has happened it has ended with worse outcomes over better ones.

Heres a quick read on the Bush years and what they caused to our Budget.
Economic policy of the George W. Bush administration - Wikipedia, the free encyclopedia

From my post: "Smart regulation is key, but not over regulation "

The mistake that's made when someone mentions too much regulation or too much government is that it's assumed that the speaker is asking for NO regulation, or No government. This is not the case for me.

That's why I cited the "file a 1099 for every purchase over $600". Any company that makes alot of purchase in the course of doing business will have a fuck ton of those to file. It will take alot of time to take care of that, meaning they have to assign resources to the task. Meaning it's not generating income, meaning they have pay for it somehow... Get it now? This is a classic case of over-regulation which hurts business.

Oh, and Loose cannon... No intelligence in your replies. What a dolt. But he called me a name first! Grow up kid. If you can't discuss the issues (notice I didn't say argue?), go back to the playground.

 

[miller]

TAX or BORROW?

 

[Iowa10000]

Lets set this straight, the congress is there to do the business of the US.
Helping those who are filty rich become more rich is not what I would call doing for America.
It would be nice if everyone had a job, and everyone grew up with a family setting, and everyone had a home, and everyone had access to a top education and nobody needed to stand up for anyone except themselves.

But we don't live in a perfect world, and everyone isn't born on an equal playing field. And saying that it's not my fault, i owe them nothing because I made it so anybody can, is pure BS.

This country wasn't created to give a few who might have a better mind or more resources the right to own almost everything and have control over almost everyone's life. That is just greed.

I say lets pay of our national debt, go back to the good old days when taxes were at 90% top bracket, and we didn't nation build or go to war because we didn't like the people who were running thie own county.

Get rid of incentives to go to war, and get bring our men home.
No tax cuts and no give aways to corps. Lets get back to paying our own way.
of course we will still have to take care of those who are needy and that will be about 50% of the nation at that point.

 

[bigrebnc1775]

Lets set this straight, the congress is there to do the business of the US.
Helping those who are filty rich become more rich is not what I would call doing for America.
It would be nice if everyone had a job, and everyone grew up with a family setting, and everyone had a home, and everyone had access to a top education and nobody needed to stand up for anyone except themselves.

But we don't live in a perfect world, and everyone isn't born on an equal playing field. And saying that it's not my fault, i owe them nothing because I made it so anybody can, is pure BS.

This country wasn't created to give a few who might have a better mind or more resources the right to own almost everything and have control over almost everyone's life. That is just greed.

I say lets pay of our national debt, go back to the good old days when taxes were at 90% top bracket, and we didn't nation build or go to war because we didn't like the people who were running thie own county.

Get rid of incentives to go to war, and get bring our men home.
No tax cuts and no give aways to corps. Lets get back to paying our own way.
of course we will still have to take care of those who are needy and that will be about 50% of the nation at that point.

There's where the problems is. Everybody can have all that but it takes individual determination to do it. It takes hard work and to be self discipline to achieve that goal. Not the government. Go to work when you do not feel like do your best to be better than the other person who might be doing the same job.

 

[jimbetty123]

tax deductions are for maintenance and growth of the nations.if you pay honestly you would get benefit from nations by returning as a new facilities to you and comfort for your living standards...

 

[Twofox]

Lets set this straight, the congress is there to do the business of the US.
Helping those who are filty rich become more rich is not what I would call doing for America.
It would be nice if everyone had a job, and everyone grew up with a family setting, and everyone had a home, and everyone had access to a top education and nobody needed to stand up for anyone except themselves.

But we don't live in a perfect world, and everyone isn't born on an equal playing field. And saying that it's not my fault, i owe them nothing because I made it so anybody can, is pure BS.

This country wasn't created to give a few who might have a better mind or more resources the right to own almost everything and have control over almost everyone's life. That is just greed.

I say lets pay of our national debt, go back to the good old days when taxes were at 90% top bracket, and we didn't nation build or go to war because we didn't like the people who were running thie own county.

Get rid of incentives to go to war, and get bring our men home.
No tax cuts and no give aways to corps. Lets get back to paying our own way.
of course we will still have to take care of those who are needy and that will be about 50% of the nation at that point.

I know alot of conservatives that donate time and money to all kinds of charities. But forcing folks to do so is what is BS. Agreed there are those that need help and I give when I can, but as soon as you demand, or force me to do so is when I stop completely.

Also, if I make more, then have to pay more taxes, why should I bother to make more? A flat tax or fair tax is more fair than charging someone more for being sucessful.

Question: When you get a paycheck, whose money is that?

 

[Dont Taz Me Bro]

But we don't live in a perfect world, and everyone isn't born on an equal playing field. And saying that it's not my fault, i owe them nothing because I made it so anybody can, is pure BS.

No, it's not bullshit. I'm living proof that it isn't.

This country wasn't created to give a few who might have a better mind or more resources the right to own almost everything and have control over almost everyone's life. That is just greed.

But you thinking you're entitled to someone else's money that you had no hand in earning isn't greedy on your part, right?

I say lets pay of our national debt, go back to the good old days when taxes were at 90% top bracket,

Great idea. Let's also bring back those 25% unemployment rates or higher than will come with it too. You have no understanding of how the real world works or economics, just your selfish, infantile greed.

Lets get back to paying our own way.

You mean, let other people get back to paying their own way while you suck off the government dole, right?

 

[Iowa10000]

Lets just do this the right way, figure what a person needs to follow a normal middle of the road life and then tax anything over that at the same % for everyone.

No other taxes except for income, and that includes any income you receive or make. No home exemption, no interest , no travel, no not nothing.

Lets get it on, and since those who make over 750,000 in income a year pay far less % than those who make 100,000 a year I'm sure you'll all be done crying for them.
No more wars, no defending the world and let the rest of the world defend for themselves.
When you use something you need to pay for it accordingly. Attend a park, pay a price. Use a highway or an airport pay a price. Ship a product or use a highway to make money pay for it according to your use.

75% of us will get a raise, and 15% will stay close to where they are but the top 10 will for once be paying their fair share.
everyone should maybe pay 20% of what ever they make over the normal cost of living, with no exceptions.

 

[Soggy in NOLA]

Oh yeah, entitlement programs always save us money. Who could have missed that?

 

[Soggy in NOLA]

Lets just do this the right way, figure what a person needs to follow a normal middle of the road life and then tax anything over that at the same % for everyone

Look Karl, we don't all want a middle of the road life. If that's what you want, fine.... go for it. Enjoy. But get the fuck outta my way and get you r frigg'n hands outta my wallet. You middle of the roaders preach that shit, but when it comes down to it, all you really want is for somebody else to do the heavy lifting.

 

[Soggy in NOLA]

Can't let paying for food and health insurance get in the way of your weed purchases.

 

[Soggy in NOLA]

And furthermore... if tax cuts are so bad..... then why do the dems favor not raising taxes on the middle class?

 

[Twofox]

Lets just do this the right way, figure what a person needs to follow a normal middle of the road life and then tax anything over that at the same % for everyone.

No other taxes except for income, and that includes any income you receive or make. No home exemption, no interest , no travel, no not nothing.

Lets get it on, and since those who make over 750,000 in income a year pay far less % than those who make 100,000 a year I'm sure you'll all be done crying for them.
No more wars, no defending the world and let the rest of the world defend for themselves.
When you use something you need to pay for it accordingly. Attend a park, pay a price. Use a highway or an airport pay a price. Ship a product or use a highway to make money pay for it according to your use.

75% of us will get a raise, and 15% will stay close to where they are but the top 10 will for once be paying their fair share.
everyone should maybe pay 20% of what ever they make over the normal cost of living, with no exceptions.

How about this: You get your paycheck and no income taxes are taken out. AT ALL!!!! wow! But when you buy something other than necessities, you pay a national sales tax. That way if you save your money you don't pay income taxes on it.

 

[Iowa10000]

why is the average guys money that he makes taxed at a hire rate for what he makes with his hands and mind, and those who make much more by using money and other people's hard work is taxed at much lower rate?

the very rich(top1%) are said to want to create jobs with the extra average 100,000 a person tax cut they got, but why haven't they since they have been getting this tax cut for 10 years now. Their average income has increased every year since 2000 and the average wage earner has lost ground.

So I ask where are the jobs? Oh I get it they can make more money by creating jobs in other countries where they don't have to worry about health, hours worked, chemicals used or disposed of, age limits, or benefits paid since their aren't many.
so we should give millionaires and billionaires a bigger chunk of the money they EARNED(LOL) so they can invest in JOBS in INDIA.


I as a middle income wage earner for my lifetime paid taxes at an overall rate of close to 30% of my total income in all taxes after deductions which left me with an average 70,000 a year with a wife and two kids.

The top 1% earned and average 5,000,000 and they paid a total rate of all taxes and fees on their income at a rate of 18% on their total income.

I had 15,000 dispoable income over what I needed to live, which I used for savings, college, vacations, family entertainment, and excess medical cost.

The guy making 5,000,000 pays 900,000 in taxes but has 4,035,000 over our same 60,000 nominal cost to support oneself. And you want me to feel sorry for these guys, well no thanks your crying enough for them already.

But the one thing I do want to know is where are all those jobs for Americans that we were supposed to see from that 70 billion gift a year? we could have put 1,250,000 to work cleaning streets that would have created 400,000 jobs on trickle down for that money instead of it going somones realitives when they die so they can be filty rich.

 

[Iowa10000]

How about this: You get your paycheck and no income taxes are taken out. AT ALL!!!! wow! But when you buy something other than necessities, you pay a national sales tax. That way if you save your money you don't pay income taxes on it.

No you can't invest your money and make money and claim that you never purchased something, as even a savings account is a purchase of sort, one that you are buying the right to have an investment in it. So yes if you get paid and you want to put it in your pillow, fine. Also you can't give your money away without paying a tax on it just like your buy something.

 

[Londoner]

George Bush authored the largest tax cuts since the Robber Barron days and he presided over the lowest job growth in modern presidential history. There is no evidence for the connection between tax cuts and job growth. The only thing that fuels job growth is demand, and that isn't stimulated by giving tax breaks to the Hedge fund crowd. America has been hemorrhaging jobs since 1973. The only people who don't know this live inside a hermetically sealed right wing bubble -- a bubble where Osama is Saddam and Jesus road a dinosaur.

The American voter is so gullible. Didn't anyone notice Reagan's sleight of hand? In 1980 he said that if we stopped investing in the middle class and let more wealth concentrate on top, than jobs and benefits would trickle down. The opposite happened. While he was strategically distracting us with hysteria over the Evil Empire, jobs trickled to Asia and India ... and middle class benefits got slashed in favor of higher profits. In the 70s Americans went to bed with high wages, medical and retirement benefits, cheap education, affordable housing, and a low cost of living . . . and they woke up in a sea of no-benefit temp jobs, unaffordable education, and price-fixed monopolies in health insurance and energy. Of course, they were handed credit cards so they could send high interest payments upward as they traveled into bankruptcy and foreclosure. Apparently, the postwar years -- when New Deal progressivism was at its peak and America enjoyed its greatest economic growth -- was a socialist nightmare. I called my dad last night to tell him that the massive house, long vacations, stay at home mom, and incredible living standards of my youth was all a hoax: it didn't really exist. It was an FDR plot. Indeed, I told him the government who defeated the Nazis, put a man on the moon, and sent a generation of baby boomers to college couldn't run a laundromat.

AND NOW . . . the very crooks George and Barry bailed out, the very people who have enjoyed truly outsized benefits over the last 30 years - you know who I'm talking about, the derivative and hedge fund ponzi kings, the people whose pets have better health care than poor wage workers . . .these people are getting a 7 trillion dollar loaner from our grand children. As if giving a billionaire a little more money is going to make him finally rush down to the mall and buy some sneakers.

(point is, that tax breaks will never reach the real economy. That money will just get pumped into Washington and the right wing media bullhorn so they can keep the heist going. Where do you think the Bush tax cuts went? They went to the Wall street Casino and played derivative roulette with America's future. Jobs? Please tell me you're kidding)

The only way to stimulate demand is to put money in the hands of the middle class -- the very people whose consumption drove the economy for the last 70 years. Americans just voted for people who are going to end Social Security and Medicare, that is, they just voted to get rid of the last vestiges of the middle class.

America got punk'd by a "B" rate actor and Slick BJ perv from Arkansas. One more terrorist attack, and the Republicans will be able to complete their transformation. We will become a 3rd world nation with a small group of wealthy people barricaded in self-sufficient, hyper secure compounds of luxury. Welcome to Dubai - Neoliberal Utopia.

You people don't know what you are voting for.

Silly rabbit. Concentrated wealth is concentrated political power (the thing you hate most of all)

(help)

 

[bigrebnc1775]

George Bush authored the largest tax cuts since the Robber Barron days and he presided over the lowest job growth in modern presidential history. There is no evidence for the connection between tax cuts and job growth. The only thing that fuels job growth is demand, and that isn't stimulated by giving tax breaks to the Hedge fund crowd. America has been hemorrhaging jobs since 1973. The only people who don't know this live inside a hermetically sealed right wing bubble -- a bubble where Osama is Saddam and Jesus road a dinosaur.

The American voter is so gullible. Didn't anyone notice Reagan's sleight of hand? In 1980 he said that if we stopped investing in the middle class and let more wealth concentrate on top, than jobs and benefits would trickle down. The opposite happened. While he was strategically distracting us with hysteria over the Evil Empire, jobs trickled to Asia and India ... and middle class benefits got slashed in favor of higher profits. In the 70s Americans went to bed with high wages, medical and retirement benefits, cheap education, affordable housing, and a low cost of living . . . and they woke up in a sea of no-benefit temp jobs, unaffordable education, and price-fixed monopolies in health insurance and energy. Of course, they were handed credit cards so they could send high interest payments upward as they traveled into bankruptcy and foreclosure. Apparently, the postwar years -- when New Deal progressivism was at its peak and America enjoyed its greatest economic growth -- was a socialist nightmare. I called my dad last night to tell him that the massive house, long vacations, stay at home mom, and incredible living standards of my youth was all a hoax: it didn't really exist. It was an FDR plot. Indeed, I told him the government who defeated the Nazis & put a man on the moon and sent his father to college couldn't run a laundromat.

AND NOW . . . the very crooks George and Barry bailed out, the very people who have enjoyed truly outsized benefits over the last 30 years - you know who I'm talking about, the derivative and hedge fund ponzi kings, the people whose pets have better health care than poor wage workers . . .these people are getting a 7 trillion dollar loaner from our grand children. As if giving a billionaire a little more money is going to make him finally rush down to the mall and buy some sneakers.

(point is, that money will never reach the real economy. It will just get pumped into Washington and the media so they can keep the heist going)

The only way to stimulate demand is to put money in the hands of the middle class -- the very people whose consumption drove the economy for the last 70 years. Americans just voted for people who are going to end Social Security and Medicare, that is, they just voted to get rid of the last vestiges of the middle class.

America got punk'd by a "B" rate actor and Slick BJ perv from Arkansas. One more terrorist attack, and the Republicans will be able to complete their transformation. We will become a 3rd world nation with a small group of wealthy people barricaded in self-sufficient, hyper secure compounds of luxury. Welcome to Dubai - Neoliberal Utopia.

You people don't know what you are voting for.

George Bush authored the largest tax cuts since the Robber Barron days and he presided over the lowest job growth in modern presidential history.

Are you forgetting about the no jobs growth of now obama holds that record then would come jimmy carter. But for the rest of your post it's all a lie.