Why no stories about the $8 trillion in tax writeoffs???

Discussion in 'Politics' started by healthmyths, Oct 30, 2011.

  1. healthmyths
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    healthmyths Gold Member Supporting Member

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    Will someone explain WHY there has been NO stories, no coverage at all over the last 10 years as to what happened to the $8 trillion that was caused by the following:

    1) The Stock Market Crash of 2000-2002 caused the loss of $5 trillion
    in the market value of companies from March 2000 to October 2002.
    http://en.wikipedia.org/wiki/Dot-com_bubble

    2) 9/11.. $2 trillion
    Counting the value of lives lost as well as property damage and lost
    production of goods and services,losses already exceed $100 billion.
    Including the loss in stock market wealth ,the market's own estimate
    arising from expectations of lower corporate profits and higher discount
    rates for economic volatility -- the price tag approaches $2 trillion.
    The Cost of September 11

    3) FACT: Worst hurricane SEASONS in history wiped out $1 Trillion
    And 4 of the TOP MOST EXPENSIVE
    #1 Hurricane Katrina August 2005 Louisiana
    The most destructive hurricane in US History caused an
    estimated $200 billion in damage.
    #3 Hurricane Charley August 13 - 14, 2004 Florida causing $15 billion
    #4 Hurricane Ivan September 16 - 24, 2004 $14.2 billion in damage
    #8 Hurricane Frances September 5, 2004 Florida caused $8.9 billion
    http://www.epicdisasters.com/index.php/site/comments/the_ten_costliest_us_hurricanes/

    Total of over $8 trillion in losses ALL written against taxes because of Dot.com/9/11 and worst hurricane SEASONS!

    FACT BY NOT having the $8 trillion in losses..
    If the $267 billion per year from 2003-2008 had NOT been deducted against income, A total of $2,500 Trillion in REVENUE that would have been collected.
    If there had been no Dot.com bust, no 9/11 and no worst hurricanes seasons in history!

    BUT NOT ONE WORD WRITTEN ABOUT THE $8 TRILLION IN LOSSES!
     
  2. Douger
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    Douger BANNED

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    [ame=http://www.youtube.com/watch?v=rYK35krSATs]Archie Bunker sings God Bless America - YouTube[/ame]
     
  3. Mr. H.
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    Mr. H. Diamond Member

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    If crashes, disasters, and weather had not intervened that $8 trillion was never destined to be taxed as gains. Your logic is lame.
     

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