Take a break from your inflatable Obama boyfriend and have a dose of reality:
http://www.elitetrader.com/vb/showthread.php?s=&threadid=237087
http://www.elitetrader.com/vb/showthread.php?s=&threadid=237087
Half of the Population of the US pay no income taxes
- Thread starter 377OHMS
- Start date
P.S. How in the world did you become such a turd, IQ47?
http://www.elitetrader.com/vb/attachment.php?s=&postid=3453978
http://www.elitetrader.com/vb/attachment.php?s=&postid=3453978
Quote from AK Forty Seven:
Obama has continued Afghanistan but he is ending it and he has ended Iraq.All GOP candidates in 2008 and 2012 (with the exception of Paul) were against ending Iraq and are against ending Afghanistan so there is a huge difference there between Obama and the GOP .
Libya's full cost is not known but it wont be anywhere near the cost of Iraq and Afghanistan,and there where no ground troops and no American troops lives lost.Keep that in mind when you try to compare Obamas wars with Bushs wars
Obamacare is mostly paid for and the fact that he attempted to pay for it is a big difference between he and Bush
As long as the righties continue to put the blame of spending and deficits on Obama the argument will continue
Obviously you didn't adhere to the "same time frame" request. You cannot compare what Bush did in 8 to what Obama has done in 3 and expect fairness. You also cannot use "Proposed" numbers, as they are a bunch of horseshit. Everyone but the truly deluded (you) believes those. I'll bet Bush had projections of lower numbers than came in actuality too.
And the number of American who pay no income tax is increasing exponentially!
<img src="http://blog.heritage.org/wp-content/uploads/CDA-2012-index-dependence-govt-chart-1_732-552x1024.jpg" width="275" height="512">
http://blog.heritage.org/2012/02/19...-half-of-all-americans-dont-pay-income-taxes/
<img src="http://blog.heritage.org/wp-content/uploads/CDA-2012-index-dependence-govt-chart-1_732-552x1024.jpg" width="275" height="512">
http://blog.heritage.org/2012/02/19...-half-of-all-americans-dont-pay-income-taxes/
Well of course, the beta does not know what the hell an exponential curve looks like, or the math behind it.
Google exponential curve, and images, you dolt.
Notice how that same heritage foundation used to support the poor not paying taxes .I just don't get how republicans can support things like many not paying taxes or Obamacare as long as its republican politicians are supporting it.
http://www.heritage.org/research/re...olution-a-big-boost-for-families-and-the-poor
Reagan's Tax Revolution: A Big Boost for Families and the Poor
Published on July 25, 1985 by Anna Kondratas
July 25, 1985
REAGAN'S TAX REVOLUTION: A BIG BOOST FOR FAMILIES AND THE POOR
INTRODUCTION
Ronald Reagan's tax reform plan offers major gains for the working poor. It does so as part of a comprehensive effort to lighten the tax burden on families, correcting in part the anti-family bias of the current tax code.IThe Reagan plan seeks specifically to raise the zero-bracket amount and personal exemptions and to expand the earned income tax credit, thereby improving the lot of the poor and of families. If enacted, the Reagan proposal would ensure that families with income at or below the poverty level no longer paid any federal income tax.
The federal tax burden on the poor has been increasing for many years. The tax code distressingly has had the same systemic bias against the poor as it has had-against taxpayers in general. Inflation-induced bracket creep, for example, has meant that taxes rise automatically with inflated incomes. Since tax brackets are narrower at lower income levels, and the personal exemption and standard deduction (known as the zero-bracket amount) constitute a larger proportion of income, bracket creep has disproportionately hurt
This is the third in a series on the President's tax reform plan. It was preceded by "Reagan's Tax Revolution: Ending the Free Ride for State and Local Taxes," Issue Bulletin No. 114, June 14, 1985 and "Reagan's Tax Revolution: Fair Play for Energy," Issue Bulletin No. 115, July 10, 1985. Future studies will examine the plan's impact on international finance and trade, financial institutions, and savings, investment, and risk-taking.
lower-income taxpayers. This was corrected only partially by the 1981 Tax Act. To make matters worse, while the poverty threshold is indexed to inflation, the tax threshold is not. The result: increasing numbers of Americans have been stung by federal tax liabilities, resulting in an unintended shift of the tax burden toward families, especially larger ones.
In the 1960s and 1970s, Congress made a number of attempts to eliminate the tax burden on poor families by increasing the personal exemption and standard deduction, or by enacting tax credits such as the earned income tax credit (EITC). Despite these efforts, the real value of the current $1,000 personal exemption is now about half what it was in 1955 and has fallen from 14 percent of median family income in that year to just 4 percent.2Even the EITC lost its impact because it was not indexed for inflation.
By removing poor families from the tax rolls, the Reagan tax revolution guarantees that they will never reenter those rolls so long. as they are poor. Indexation, already in place for this year, will prevent bracket creep. And the President's tax reform proposes to give a big financial boost to families and the poor.
continued...http://www.heritage.org/research/re...olution-a-big-boost-for-families-and-the-poor