To BO it's all about 'fairness", not solutions

[Truthmatters]

then why did it DIVE in 1980 after they lowered the rate?

 

[Truthmatters]

why did it climb from 1975 to 1980 at the rate of 35% being the rate

 

[Truthmatters]

Bouncing it arround is what causes the mess NOT what you claim

 

[tap4154]

then why did it DIVE in 1980 after they lowered the rate?

We were in the Carter recession in the early 80's. Took a while to pick up.

 

[Truthmatters]

We need to put it at 35% and leave it there if we want revenue

 

[Euroconservativ]

We already tried right wing "give everything to the rich" fiscal plans for decades, they never worked.

Everyone pays their fair share democratic plans have been proven to work.

Why do democrats want to keep Bush-era tax cuts that benefited only the disgusting filthy rich?

Does "fair share" include people that don't pay federal income taxes at all?

Bush tax rates are reduced for ALL income levels, and 50% of the nation pays NO income tax, which is the Obama voter base btw...

10% on taxable income from $0 to $8,700, plus
15% on taxable income over $8,700 to $35,350, plus
25% on taxable income over $35,350 to $85,650, plus
28% on taxable income over $85,650 to $178,650, plus
33% on taxable income over $178,650 to $388,350, plus
35% on taxable income over $388,350.

I know. I'm being ironic.

 

[Truthmatters]

then why did it DIVE in 1980 after they lowered the rate?

We were in the Carter recession in the early 80's. Took a while to pick up.

The facts do NOT show the correlation you claimed exsisted.

the chart shows bouncing it arround so long term planning is harder is what fucks it up

 

[NYcarbineer]

We already tried right wing "give everything to the rich" fiscal plans for decades, they never worked.

Everyone pays their fair share democratic plans have been proven to work.

Why do democrats want to keep Bush-era tax cuts that benefited only the disgusting filthy rich?

Does "fair share" include people that don't pay federal income taxes at all?

Bush tax rates are reduced for ALL income levels, and 50% of the nation pays NO income tax, which is the Obama voter base btw...

10% on taxable income from $0 to $8,700, plus
15% on taxable income over $8,700 to $35,350, plus
25% on taxable income over $35,350 to $85,650, plus
28% on taxable income over $85,650 to $178,650, plus
33% on taxable income over $178,650 to $388,350, plus
35% on taxable income over $388,350.

The Bush tax cuts are the main reason so many pay no income tax.

 

[Truthmatters]

why did the revenues TANK in 2001?

 

[Truthmatters]

Once again the right is caught lying about the facts

 

[ba1614]

From 75 to 1980 the revenues were rising with a 35% rate.

then it tumbled when they lower the rates

Don't mention the fact that we were in a recession, gas lines and mortgage rates at 20%, don't mention that

My first mortgage we paid 19% during that great era, good times indeed.

 

[NoNukes]

I would say that BO effects most people the same. Some people smell worse.

 

[NYcarbineer]

then why did it DIVE in 1980 after they lowered the rate?

We were in the Carter recession in the early 80's. Took a while to pick up.

Jimmy Carter just called to remind you that he wasn't president during the early 80's recession.

 

[Skull Pilot]

We already tried right wing "give everything to the rich" fiscal plans for decades, they never worked.

Everyone pays their fair share democratic plans have been proven to work.

define fair share and do you call 0 percent a fair share

 

[Black_Label]

Can't read?

When capital gains tax rates go up, they raise less revenue. Even lefty Charlie Gibson admits that.

In spite of that FACT, King Barry just HAS to raise capital gains rates out of "fairness".

Makes NO sense.

The right wing goons said if we "don't raise taxes on the job creators", they will trickle down and create countless jobs. We already tried that and they don't "trickle down", only throw the funds in their already mountain sized pile of cash stashed away in offshore bank account.

Nice, lame, lefty talking point, with NO basis in reality. When upper income folks, many of them small and large business owners, are taxed less, the invest, hire and consume much more. This creates economic activity, jobs, and larger tax base, and increase revenue.

When tax rates go up THAT is when rich folks begin moving more money and jobs offshore.

I'm a self-employed contractor, and when those folks keep more of their money, my business picks up so I earn more, then I spend more which helps others.

Supply-side DOES work, every time.

It's a fact.

It's a 100% fact.

Under Reagan "trickle down", all we got was massive debt

Under Bush "trickle down", all we got was massive debt

Under Clinton "everyone pays their fair share" we got the most booming economy and largest surplus in US history.

Under W "trickle down on steroids" all we got was insane debt.

It's been proven time and time again that right wing fiscal plans have never, and will never work.

 

[Truthmatters]

Do capital gains tax cuts increase revenues? | TIME.com

 

[Truthmatters]

your being lied to cons.

quit lapping up the pablum

 

[tap4154]

We need to put it at 35% and leave it there if we want revenue

The largest corporation in California, Chevron, is now movng out because of the recently passed sales and income tax increases. They'll take away thousands of direct jobs, and thousands more jobs from satellite businesses they support, and billions of dollars in revenue that will no longer be able to be taxed at ANY rate in CA. Texas will now reap the benefit of having Chevron in their state.

Libs just don't know zip about business or economics. You guys would pick an orchard clean then burn the trees for heat, and whine the next year when you had no apples or wood.

 

[jillian]

I really wish he would stop using the word fair, it's grating.

and i wish fairness would stop offending people on the right.

do you think that the 'sacrifice' should be shared or should it all be dumped on the people who can afford it least?

 

[Truthmatters]

Do Capital Gains Taxes Drive the Budget Deficit? | The Big Picture