Now factor out mortgage equity withdrawals in terms of gdp.
Can't expect people who voted for Bush to understand.
the bush tax cuts. how well did they actually work?
- Thread starter Free Thinker
- Start date
Now factor out mortgage equity withdrawals in terms of gdp.
Can't expect people who voted for Bush to understand.
what is it with you wingnutter types always harping constitutional in trying to advocate for your position when you seem to have little understanding how it works?
yes the graduated income tax is constitutional. the supreme court has ruled on it multiple times. the constitution says what the supreme court says it says.
Vhehn, you are missing the big picture here. I'll try to paint a little more clearer picture for you. I'm not talking about just taxes here and quite frankly I could give two shits if rates go up 2% or down 2%. It's a shell game. Since the rich don't pay any taxes, the idea of raising taxes on that is of course a farce but it really gets an applause from all the poor in this country who think they are socking it to the rich people. Instead, we inflate our money supply and thereby inflate the assets of the rich and destroy the middle class.
So let's see how this works in principle. Obama goes around the country and tells the middle class they are going to save $400 this year in taxes. And he explains how getting rid of the Bush tax cuts is going to take money from the wealthy to bring equality to society.
Here is what really happens. The middle class do indeed get their $400 while 10k come out of their savings from the loss in currency. Oh yeah the rich pay little to nothing in taxes since most of their income comes from long term gains and asset appreciation. Meanwhile that guy who has 100 million invested in various assets sees his assets appreciate by 20%. He might pay a few thousand here and there in extra taxes and makes an extra 20 million on the asset pump.
The money has to come from somewhere Vhehn. And it comes from the middle class. That is what is unconstitutional. And since you left wingers are all keynesians, you cheer this on. Steal from the middle class, subsidize the poor and inflate the rich. Only the subsidies don't really help the poor because they are getting priced out of the american dream through inflation. It's a wonderful system. This is why my comment was directed to your apparent disregard for economic liberty. A question by the way that you did not answer.
wow thats convoluted. did you learn that from glen beck?
You know, you can learn a lot about a guy when he resorts to ad hominem attacks vs engaging in intellectual debate. Take your trash talking someone else Vhehn. I'll respond to intelligent posts. Go back to your home in P&R where your kind feel more comfortable.
now thats funny considering what you wrote in your last post. this place seems to be becoming a haven for nutters.
The US should split into 2 countries, the two party system has failed. You democrats and repubs are stupid for arguing, just split up or go to war whoever win takes all and the differences will be solved.
Back in pakistan when we don't like a leader we take him out, we don't just argue back and forth, dam. You guys waste so much energy for nothing, no wonder US is such a third world nation.
hell yes. war is the answer. seems to be the first thing the right nutters want to do.
President Obama has proposed retaining the current rates on incomes up to $200,000 for individuals and $250,000 for couples. Under this plan, everyone would receive a tax âcutâ relative to the rates in effect in the Clinton era. For a family with a $250,000 income or more, the cut would be about $6,000, because its first $250,000 of income would be subject to the current, lower rate. But such families would have a higher bill than they do now.
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Yea sure he is. Just like he said this am. WE ARE IN A RECOVERY THAT IS NOT JOBLESS!
OR like many other false statements and contradictions this ASS CLOWN called the PRESIDENT has spouted.
The Tax cuts will stay in place. NOV will destroy the Liberal Base of the Socialist party and 37 dems are in favor of keeping the TAX cuts.
So, if you would like higher taxes, if you would like to live in a NANNY state, please be sure not to let the door of the airplane hit you in your arse.
Game over for all you Progressives. You not only destoryed the DEMOCRATIC PARTY, but you ignited one of the biggest grass roots movement since the Civil Rights Movement.
So, please keep posting your crap and please MR. PRESIDENT and SPEAKER OF THE HOUSE....continue on with your speaking!
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Yea sure he is. Just like he said this am. WE ARE IN A RECOVERY THAT IS NOT JOBLESS!
OR like many other false statements and contradictions this ASS CLOWN called the PRESIDENT has spouted.
The Tax cuts will stay in place. NOV will destroy the Liberal Base of the Socialist party and 37 dems are in favor of keeping the TAX cuts.
So, if you would like higher taxes, if you would like to live in a NANNY state, please be sure not to let the door of the airplane hit you in your arse.
Game over for all you Progressives. You not only destoryed the DEMOCRATIC PARTY, but you ignited one of the biggest grass roots movement since the Civil Rights Movement.
So, please keep posting your crap and please MR. PRESIDENT and SPEAKER OF THE HOUSE....continue on with your speaking!
wtf. pakistan is a religious shithole. why should anyone want to emulate that?