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#21
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posted to rec.boats
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On Thu, 21 Jan 2010 16:58:04 -0800, "Bill McKee"
wrote: "bpuharic" wrote in message .. . On Thu, 21 Jan 2010 07:59:19 -0500, I am Tosk wrote: In article , says... On Wed, 20 Jan 2010 21:40:24 -0500, bpuharic wrote: There was a one year period of 20% during the Reagan administration but it was back to 38% when he left. That is not exactly what you posted or what you implied. Did you expect anything else from our newest far left lying loon? guess you didn't know the dems, under carter, raised capital gains to almost 40% http://www.urban.org/publications/1000519.html And what was inflation under Carter? Huge tax increase that inflation. and what is the cost of being unemployed, courtesy of 'free market' economics? what's the cost of 10 years with no increase in jobs? of 10 years of no pay increases? how's that working out? |
#22
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posted to rec.boats
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On Thu, 21 Jan 2010 19:21:58 -0500, Bruce wrote:
bpuharic wrote: On Wed, 20 Jan 2010 19:56:18 -0500, wrote: when's the last time the MIDDLE CLASS got a 50% tax cut? If they invested, they would see the same results. Do you understand that it wasn't a 50% tax cut? actually you're correct. it was greater than 50% the middle class got screwed even more.t hanks for pointing that out How is the middle class not subject to the same taxes? because our tax rate stayed the same the rich got a HUGE tax break as their incomes skyrocketed |
#23
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posted to rec.boats
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On Jan 21, 8:23*pm, bpuharic wrote:
On Thu, 21 Jan 2010 19:21:58 -0500, Bruce wrote: bpuharic wrote: On Wed, 20 Jan 2010 19:56:18 -0500, *wrote: when's the last time the MIDDLE CLASS got a 50% tax cut? If they invested, they would see the same results. Do you understand that it wasn't a 50% tax cut? actually you're correct. it was greater than 50% the middle class got screwed even more.t hanks for pointing that out How is the middle class not subject to the same taxes? because our tax rate stayed the same the rich got a HUGE tax break as their incomes skyrocketed Bzzt.. wrong. 1993 saw a huge new tax on the wealthy with two new brackets at the top. After that, starting in 2000, *everyone's* tax rates dropped by 3%, from top to bottom, except for a new lower tax bracket that was created in 2002 that reduced the rate from 15% to 10%, a reduction of 5%. That means that everyone got the *same* reduction except the lower earners, who got a *bigger* reduction. The one bracket that didn't change in rate was the 15%... but many did fall out of that bracket to 10%, so that's not really no change, is it? Many in the 15% bracket got a bigger relief than everyone else. So your statement is false. The plans moving forward is to leave everyone's tax rates alone... except for those top two rates, who rebound back up to 1993 rates. That should make you happy. Or not. http://www.moneychimp.com/features/tax_brackets.htm |
#24
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posted to rec.boats
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On Jan 21, 2:01*pm, "Eisboch" wrote:
"nom=de=plume" wrote in message ... And, you have less money to begin with, thus your "best deal" isn't so great. Let's say you claim $10K in capital gains and pay 5%. Your net is $9500. Cool. Now, let's say you claim $100K in capital gains and pay 20% (just for fun). Your net is $80K. So, looking at it in actual dollars, which is the "better deal" or rather, which one would you rather have? So, to be fair am I to assume we are all supposed to start out with the same amount of $$ to invest, like a game of Monopoly? Eisboch It's already been shown that if you did that, ecentually the same group of people would end up with all the money, and the same peeps would end up poor. Real life isn't a Monopoly game. |
#25
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posted to rec.boats
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![]() "bpuharic" wrote in message ... On Thu, 21 Jan 2010 16:58:04 -0800, "Bill McKee" wrote: "bpuharic" wrote in message . .. On Thu, 21 Jan 2010 07:59:19 -0500, I am Tosk wrote: In article , says... On Wed, 20 Jan 2010 21:40:24 -0500, bpuharic wrote: There was a one year period of 20% during the Reagan administration but it was back to 38% when he left. That is not exactly what you posted or what you implied. Did you expect anything else from our newest far left lying loon? guess you didn't know the dems, under carter, raised capital gains to almost 40% http://www.urban.org/publications/1000519.html And what was inflation under Carter? Huge tax increase that inflation. and what is the cost of being unemployed, courtesy of 'free market' economics? what's the cost of 10 years with no increase in jobs? of 10 years of no pay increases? how's that working out? And where is that the Republicans fault. Nafta was a Dem POTUS signed thing. We have been moving jobs out of country a lot longer than 8 years. We stopped teaching shop classes 40 years ago. Where at the kids going to learn how to be non college prep students? Dem and Republican controlled Congresses have never stepped up and told China that every Tariff they impose on imports will be matched by us on their exports. |
#26
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posted to rec.boats
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On Thu, 21 Jan 2010 17:42:50 -0800 (PST), Jack
wrote: On Jan 21, 8:23*pm, bpuharic wrote: On Thu, 21 Jan 2010 19:21:58 -0500, Bruce wrote: bpuharic wrote: On Wed, 20 Jan 2010 19:56:18 -0500, *wrote: when's the last time the MIDDLE CLASS got a 50% tax cut? If they invested, they would see the same results. Do you understand that it wasn't a 50% tax cut? actually you're correct. it was greater than 50% the middle class got screwed even more.t hanks for pointing that out How is the middle class not subject to the same taxes? because our tax rate stayed the same the rich got a HUGE tax break as their incomes skyrocketed Bzzt.. wrong. 1993 saw a huge new tax on the wealthy with two new brackets at the top. let's see..democratic president....democratic congress.... yeah. thanks for supporting what i said After that, starting in 2000, *everyone's* tax rates dropped by 3%, from top to bottom, except for a new lower tax bracket that was created in 2002 that reduced the rate from 15% to 10%, a reduction of 5%. That means that everyone got the *same* reduction except the lower earners, who got a *bigger* reduction. The one bracket that didn't change in rate was the 15%... but many did fall out of that bracket to 10%, so that's not really no change, is it? Many in the 15% bracket got a bigger relief than everyone else. So your statement is false. The plans moving forward is to leave everyone's tax rates alone... except for those top two rates, who rebound back up to 1993 rates. That should make you happy. Or not. http://www.moneychimp.com/features/tax_brackets.htm interesting that you post this reference. because it shows how REGRESSIVE the tax system really is, especially towards the middle class. in 2006, under the GOP, someone making 7500 paid a tax rate of 15%. someone making 30K paid 25%, an increase of 65%. someone making $350K paid 35%, an increase over the 30K guy of about 40%. BUT that's really irrelevant. the RICH paid 15% because most of THEIR income is capital gains, NOT income from work. so, try again. the GOP keeps making the middle class pay for their goldman sachs buddies |
#27
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posted to rec.boats
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![]() "Bill McKee" wrote in message ... "bpuharic" wrote in message ... On Thu, 21 Jan 2010 16:58:04 -0800, "Bill McKee" wrote: And where is that the Republicans fault. Nafta was a Dem POTUS signed thing. We have been moving jobs out of country a lot longer than 8 years. We stopped teaching shop classes 40 years ago. Where at the kids going to learn how to be non college prep students? Dem and Republican controlled Congresses have never stepped up and told China that every Tariff they impose on imports will be matched by us on their exports. Bill, you just can't argue with the liberals. They have a spin for almost everything, and when they don't they just revert to name calling. Heck, look at Olbermann the other day? Wow, I've never seen such name calling on the airwaves. He's a perfect example. Besides, if we all just gave up on trying to argue with them, maybe this place would revert back to being more boat oriented? It's a lot like filtering harry. Since most folks here now have him KF'd, he's as good as castrated (if he wasn't already) g. --Mike |
#28
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posted to rec.boats
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"mgg" wrote in message
... "Bill McKee" wrote in message ... "bpuharic" wrote in message ... On Thu, 21 Jan 2010 16:58:04 -0800, "Bill McKee" wrote: And where is that the Republicans fault. Nafta was a Dem POTUS signed thing. We have been moving jobs out of country a lot longer than 8 years. We stopped teaching shop classes 40 years ago. Where at the kids going to learn how to be non college prep students? Dem and Republican controlled Congresses have never stepped up and told China that every Tariff they impose on imports will be matched by us on their exports. Bill, you just can't argue with the liberals. They have a spin for almost everything, and when they don't they just revert to name calling. Heck, look at Olbermann the other day? Wow, I've never seen such name calling on the airwaves. He's a perfect example. Besides, if we all just gave up on trying to argue with them, maybe this place would revert back to being more boat oriented? It's a lot like filtering harry. Since most folks here now have him KF'd, he's as good as castrated (if he wasn't already) g. --Mike You'll note that not a single person refuted what Olbermann said. Not a single thing. -- Nom=de=Plume |
#29
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posted to rec.boats
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On Jan 21, 9:41*pm, bpuharic wrote:
because our (middle class) tax rate stayed the same the rich got a HUGE tax break as their incomes skyrocketed Bzzt.. wrong. 1993 saw a huge new tax on the wealthy with two new brackets at the top. yeah. thanks for supporting what i said How can you spin two new tax brackets at even higher levels as "the rich got a HUGE tax break as their incomes skyrocketed"? * After that, starting in 2000, *everyone's* tax rates dropped by 3%, from top to bottom, except for a new lower tax bracket that was created in 2002 that reduced the rate from 15% to 10%, a reduction of 5%. *That means that everyone got the *same* reduction except the lower earners, who got a *bigger* reduction. The one bracket that didn't change in rate was the 15%... but many did fall out of that bracket to 10%, so that's not really no change, is it? *Many in the 15% bracket got a bigger relief than everyone else. So your statement is false. The plans moving forward is to leave everyone's tax rates alone... except for those top two rates, who rebound back up to 1993 rates. That should make you happy. *Or not. http://www.moneychimp.com/features/tax_brackets.htm interesting that you post this reference. because it shows how REGRESSIVE the tax system really is, especially towards the middle class. You can try to change your assertions by spinning your statements, but it remains clear that you are simply wrong when you say: "because our (middle class) tax rate stayed the same" It did NOT, it was lower. " the rich got a HUGE tax break as their incomes skyrocketed" They did NOT, they paid more. That was an outright lie. My link proves it. But spin away. I'm done. |
#30
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posted to rec.boats
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![]() "Jack" wrote in message ... On Jan 21, 9:41 pm, bpuharic wrote: because our (middle class) tax rate stayed the same the rich got a HUGE tax break as their incomes skyrocketed Bzzt.. wrong. 1993 saw a huge new tax on the wealthy with two new brackets at the top. yeah. thanks for supporting what i said How can you spin two new tax brackets at even higher levels as "the rich got a HUGE tax break as their incomes skyrocketed"? After that, starting in 2000, *everyone's* tax rates dropped by 3%, from top to bottom, except for a new lower tax bracket that was created in 2002 that reduced the rate from 15% to 10%, a reduction of 5%. That means that everyone got the *same* reduction except the lower earners, who got a *bigger* reduction. The one bracket that didn't change in rate was the 15%... but many did fall out of that bracket to 10%, so that's not really no change, is it? Many in the 15% bracket got a bigger relief than everyone else. So your statement is false. The plans moving forward is to leave everyone's tax rates alone... except for those top two rates, who rebound back up to 1993 rates. That should make you happy. Or not. http://www.moneychimp.com/features/tax_brackets.htm interesting that you post this reference. because it shows how REGRESSIVE the tax system really is, especially towards the middle class. You can try to change your assertions by spinning your statements, but it remains clear that you are simply wrong when you say: "because our (middle class) tax rate stayed the same" It did NOT, it was lower. " the rich got a HUGE tax break as their incomes skyrocketed" They did NOT, they paid more. That was an outright lie. My link proves it. But spin away. I'm done. See my note to Bill. Just let them wallow in what they created. The tide is turning. --Mike |
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