Half of the Population of the US pay no income taxes

Quote from Mercor:


Your points are a joke.
Percent change doesn't mean anything...it is dollars increased.


Both charts peak with actual data and only drop with estimated data.


Obamas deficits have been smaller then Bushs 2 out of his 3 years in office and his current deficit is 500 billion less then Bushs last deficit
 
Quote from AK Forty Seven:

Obamas deficits have been smaller then Bushs 2 out of his 3 years in office and his current deficit is 500 billion less then Bushs last deficit
Ok, you win....

Bush had bad deficits....Obama had bad deficits......
Your Dear Leader Obama is as bad or almost as bad as Bush

Nice debate loser.....
 
Quote from Mercor:


Ok, you win....

Bush had bad deficits....Obama had bad deficits......
Your Dear Leader Obama is as bad or almost as bad as Bush

Nice debate loser.....

Another difference that you should add to your post is that one deficit was created and the other was inherited

Obama didn't come into office with a balanced budget and turn it into a 1.4 trillion dollar deficit

Bush came into office with a 230 billion dollar budget surplus and turned it into a 1.4 trillion dollar deficit so its not even close to whos worse

Bush=Turned 230 billion dollar budget surplus to 1.4 trillion dollar deficit

Obama=Turned 1.4 trillion dollar deficit into a current 900 billion dollar deficit,500 billion less then what he started with
 
Look what bush was handed and compare that to what Obama inherited :cool:


http://articles.cnn.com/2000-09-27/...onal-debt-fiscal-discipline?_s=PM:ALLPOLITICS




President Clinton announces another record budget surplus

September 27, 2000

President Clinton announced Wednesday that the federal budget surplus for fiscal year 2000 amounted to at least $230 billion, making it the largest in U.S. history and topping last year's record surplus of $122.7 billion."This represents the largest one-year debt reduction in the history of the United States," Clinton said Wednesday morning. "Like our American athletes in Sydney, we've been breaking records and have come a long way."In June, the administration predicted the surplus would be $211 billion, and would increase by as much as $1 trillion over the next 10 years.Clinton also announced the federal government paid down the national debt by $223 billion this year, and by more than $360 billion since 1998, the largest debt reduction in U.S. history."The key to fiscal discipline is maintaining these results year after year. We need to put our priorities in order," Clinton said.The president's news comes as lawmakers on Capitol Hill continue to wrestle with the fiscal year 2001 budget numbers. The new budget year begins October 1, and Congress and the White House remain at odds over spending allocations."I hope we will see a continuation of this trend in the final budget negotiations," the president said. "I am concerned frankly about the size and last-minute nature of this year's congressional spending spree." Congress, Clinton said, has not adequately funded education programs, strengthened Medicare and funded other domestic priorities set forth by the administration."These are the things that need to be done and I certainly hope they will be and still make the right investments and the right amount of tax cuts," Clinton said.The president unveiled the new numbers in a statement at the White House, before departing for fund-raising events in Dallas and Houston."This is part of our fiscal discipline to reduce the debt with the federal surplus," said one White House official who asked not to be identified. Reducing the debt, the official said, has "real effects for real Americans." It means lower interest rates for mortgages, car loans and college loans, and leads to an increase in investment and more jobs."It is the third year in a row the federal government has taken in more than it spent, and has paid down the debt. The last time the U.S. government had a third consecutive years of national debt reduction was 1949, said the official.The federal budget surplus for fiscal year 1999 was 122.7 billion, and 69.2 billion for fiscal year 1998. Those back-to-back surpluses, the first since 1957, allowed the Treasury to pay down $138 billion in national debt.
 
Quote from AK Forty Seven:

Another difference that you should add to your post is that one deficit was created and the other was inherited

Obama didn't come into office with a balanced budget and turn it into a 1.4 trillion dollar deficit

Bush came into office with a 230 billion dollar budget surplus and turned it into a 1.4 trillion dollar deficit so its not even close to whos deficit is worse

Bush=Turned 230 billion dollar budget surplus to 1.4 trillion dollar deficit

Obama=Turned 1.4 trillion dollar deficit into a current 900 billion dollar deficit,500 billion less then what he started with
if you track deficits by who controls the House it is a more true picture.
 
Quote from AK Forty Seven:



Obama=Turned 1.4 trillion dollar deficit into a current 900 billion dollar deficit,500 billion less then what he started with

If you give me $10 this week, then you give me $5 the next week. In your world of math you saved $5
 
Quote from Mercor:

if you track deficits by who controls the House it is a more true picture.

Republicans controlled the House when The Bush tax cuts were passed,when Bushs wars were passed,when Bushs Medicare was passed and when the Homeland Security Act(which spawned massive government) was passed

Those are the main causes for the deficit problems,all passed by a Republican House
 
Quote from pspr:

There are millions of Americans who pay no taxes but get a refund anyway. This redistributive policy doesn’t get a lot of media attention as you would expect.

A married couple with three children and $40,000 in income can take a $9,700 standard deduction and $15,500 in personal exemptions, bringing their taxable income down to $14,800. They would owe $1,505 in taxes.

But with three children, they would get $3,000 in child credits, leaving them with no taxes owed – and a $1,495 refund check.

So in today’s America you can actually receive more back from the government than you paid in during the year. That’s socialism.


http://www.thegatewaypundit.com/201...ay-no-income-tax-may-get-a-tax-refund-anyway/

This is just plain wrong, thanks bleeding hearts.
 
Quote from Mercor:

If you give me $10 this week, then you give me $5 the next week. In your world of math you saved $5

LOL,
In his world it is, actually ,$15 because he will give you nothing the next week so he can enter 100% savings into his books.
 
Quote from Mercor:

If you give me $10 this week, then you give me $5 the next week. In your world of math you saved $5

I find that better then giving you 10 this week,15 next week and 20 the week after

I would rather a guy who cuts 5 a week then a guy who increases it 50 a week
 
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