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bpuharic April 16th 10 11:16 AM

Looking out for the wealthiest 2%
 
On Thu, 15 Apr 2010 23:43:26 -0400, wrote:

On Thu, 15 Apr 2010 23:16:42 -0400, bpuharic wrote:

when's the last time they cut middle class tax rates by 70%?


"The rich" the top 5% pay over half the total income tax bill.


the 'rich' get most of the income. that's why they pay most of the
taxes. AND their income has gone up 300% in the last decade

the middle class who actually DOES pay most of the taxes?

no tax cut. no pay raise in 10 years. yet they vote to cut the taxes
of the rich


Were they paying 150% of the taxes before? (do the math to see the
absurdity of your statement).
I agree they may have had their taxes cut, we all did, but alleging
70% is ridiculous.


when reagan took office capital gains tax was 40%. today it's 15%.
sorry...that's only 56%

gee. how do they make it on that?

when's the last time your taxes were cut 55%?


hk April 16th 10 11:38 AM

Looking out for the wealthiest 2%
 
On 4/16/10 6:11 AM, bpuharic wrote:
On Thu, 15 Apr 2010 20:42:59 -0700, "Bill McKee"
wrote:


wrote in message
...
fOn Thu, 15 Apr 2010 23:03:54 -0400, wrote:

On Thu, 15 Apr 2010 20:11:19 -0400, wrote:

gee. we cut taxes for the rich by 70% over the last 20 years.

We cut the tax for everyone. My taxes are about half what they were 20
years ago and we make more money.

yeah. the middle class got a tax cut of about 25 bucks.


I still have every 1040 since 1984, When I get a minute I will compile
a list of gross vs tax and let's see what it looks like.
I know I used to always say I expected to have that be about 20%. Now
it is more like 10-11%.
Anyone else want to play?

when's the last time they cut middle class tax rates by 70%?


My Federal tax rate this year was about 8%


like i said: when's the last time they cut taxes for the middle class?

you keep dodging the question



i've seen or heard three independent reports so far this week that
indicate that for the middle classes, taxes are now the lowest they have
been in 65 years, and for the wealthy, the lowest they've been in close
to 40 years, because of obama's tax cuts.

not surprising, the tea party protests are...a fraud.


--
http://tinyurl.com/ykxp2ym

Peter (Yes, that one) April 16th 10 02:39 PM

Looking out for the wealthiest 2%
 
In article ,
says...

On Thu, 15 Apr 2010 20:11:19 -0400, bpuharic wrote:

gee. we cut taxes for the rich by 70% over the last 20 years.


We cut the tax for everyone. My taxes are about half what they were 20
years ago and we make more money.

I still have every 1040 since 1984, When I get a minute I will compile
a list of gross vs tax and let's see what it looks like.
I know I used to always say I expected to have that be about 20%. Now
it is more like 10-11%.
Anyone else want to play?


As I've said before, fed income tax doesn't tell the story, nor does
total tax burden, which is the only way to count taxes.
Disposable income is what counts.
And is also what drives the economy.
Taxes are just a political talking point when disposable income isn't
included in the discussion.

Peter

BAR[_2_] April 16th 10 02:44 PM

Looking out for the wealthiest 2%
 
In article ,
says...

In article ,
says...

On Thu, 15 Apr 2010 20:11:19 -0400, bpuharic wrote:

gee. we cut taxes for the rich by 70% over the last 20 years.


We cut the tax for everyone. My taxes are about half what they were 20
years ago and we make more money.

I still have every 1040 since 1984, When I get a minute I will compile
a list of gross vs tax and let's see what it looks like.
I know I used to always say I expected to have that be about 20%. Now
it is more like 10-11%.
Anyone else want to play?


As I've said before, fed income tax doesn't tell the story, nor does
total tax burden, which is the only way to count taxes.
Disposable income is what counts.
And is also what drives the economy.
Taxes are just a political talking point when disposable income isn't
included in the discussion.


The left is interested in equalizing disposable income across the
spectrum of "workers." The easiest way to do this is through tax policy.




hk April 16th 10 02:51 PM

Looking out for the wealthiest 2%
 
On 4/16/10 9:44 AM, BAR wrote:
In ,
says...

In ,
says...

On Thu, 15 Apr 2010 20:11:19 -0400, wrote:

gee. we cut taxes for the rich by 70% over the last 20 years.

We cut the tax for everyone. My taxes are about half what they were 20
years ago and we make more money.

I still have every 1040 since 1984, When I get a minute I will compile
a list of gross vs tax and let's see what it looks like.
I know I used to always say I expected to have that be about 20%. Now
it is more like 10-11%.
Anyone else want to play?


As I've said before, fed income tax doesn't tell the story, nor does
total tax burden, which is the only way to count taxes.
Disposable income is what counts.
And is also what drives the economy.
Taxes are just a political talking point when disposable income isn't
included in the discussion.


The left is interested in equalizing disposable income across the
spectrum of "workers." The easiest way to do this is through tax policy.




Another faux news absurdity.

--
http://tinyurl.com/ykxp2ym

BAR[_2_] April 16th 10 08:04 PM

Looking out for the wealthiest 2%
 
In article ,
says...

On Fri, 16 Apr 2010 06:38:07 -0400, hk
wrote:

i've seen or heard three independent reports so far this week that
indicate that for the middle classes, taxes are now the lowest they have
been in 65 years, and for the wealthy, the lowest they've been in close
to 40 years, because of obama's tax cuts.

not surprising, the tea party protests are...a fraud.


I agree and I am one of the conservative folks here.
If tea party people want to attack the deficit they need to talk about
raising taxes. In the out years when our kids will be shouldering the
debt burden there will not be enough discretionary spending to touch
the deficit if we cut it all.
At some point we are really going to have to throw SS and Medicare
under the bus. Nobody is ever going to do that. They will simply
"monetize" the debt and inflate our way out. Sure you will still get
your $1700 check from SS but $100 won't cover an early bird dinner at
the Perkins.


All entitlements at the federal level should be thrown under the bus.
Let the states do entitlements and see how long they last. What we need
is a return to common sense and the teaching of liberty to our children.

hk April 16th 10 08:07 PM

Looking out for the wealthiest 2%
 
On 4/16/10 3:04 PM, BAR wrote:
In ,
says...

On Fri, 16 Apr 2010 06:38:07 -0400,
wrote:

i've seen or heard three independent reports so far this week that
indicate that for the middle classes, taxes are now the lowest they have
been in 65 years, and for the wealthy, the lowest they've been in close
to 40 years, because of obama's tax cuts.

not surprising, the tea party protests are...a fraud.


I agree and I am one of the conservative folks here.
If tea party people want to attack the deficit they need to talk about
raising taxes. In the out years when our kids will be shouldering the
debt burden there will not be enough discretionary spending to touch
the deficit if we cut it all.
At some point we are really going to have to throw SS and Medicare
under the bus. Nobody is ever going to do that. They will simply
"monetize" the debt and inflate our way out. Sure you will still get
your $1700 check from SS but $100 won't cover an early bird dinner at
the Perkins.


All entitlements at the federal level should be thrown under the bus.
Let the states do entitlements and see how long they last. What we need
is a return to common sense and the teaching of liberty to our children.



Ahhh...Bertie's been collecting teabagger sound bits to repost here.

--
http://tinyurl.com/ykxp2ym

bpuharic April 16th 10 10:54 PM

Looking out for the wealthiest 2%
 
On Fri, 16 Apr 2010 13:05:37 -0400, wrote:

On Fri, 16 Apr 2010 06:38:07 -0400, hk
wrote:

i've seen or heard three independent reports so far this week that
indicate that for the middle classes, taxes are now the lowest they have
been in 65 years, and for the wealthy, the lowest they've been in close
to 40 years, because of obama's tax cuts.

not surprising, the tea party protests are...a fraud.


I agree and I am one of the conservative folks here.


now THAT is true; there are some deductions for people with children,
etc. there's no indication these are either permanent (like the
capital gains cut) or that they amount to a 45% cut like the rich have
had in the capital gains over the last 30 years

bpuharic April 16th 10 10:55 PM

Looking out for the wealthiest 2%
 
On Fri, 16 Apr 2010 06:38:07 -0400, hk
wrote:

On 4/16/10 6:11 AM, bpuharic wrote:
On Thu, 15 Apr 2010 20:42:59 -0700, "Bill McKee"
wrote:


when's the last time they cut middle class tax rates by 70%?

My Federal tax rate this year was about 8%


like i said: when's the last time they cut taxes for the middle class?

you keep dodging the question



i've seen or heard three independent reports so far this week that
indicate that for the middle classes, taxes are now the lowest they have
been in 65 years, and for the wealthy, the lowest they've been in close
to 40 years, because of obama's tax cuts.

not surprising, the tea party protests are...a fraud.


yep. absolutely true. obama has done what the GOP said would cause
disaster...cut middle class taxes


bpuharic April 16th 10 10:57 PM

Looking out for the wealthiest 2%
 
On Fri, 16 Apr 2010 12:41:17 -0400, wrote:

On Fri, 16 Apr 2010 06:11:19 -0400, bpuharic wrote:

like i said: when's the last time they cut taxes for the middle class?


When?
During the GW Bush administration.


They have been steadily cutting middle class tax rates since GHWB got
his ass handed to him for raising taxes.

In 1991 the tax on 50,000 from the tax table was $9,573
in 2001 it was $8,093 and this year it is $6,661
(married filing joint)


thanks to obama. and those are targeted to specific groups...like
people with children.



So give it a rest about the damned middle class tax cut.


only when we get a 45% tax cut like the wealthy have. give it a rest
about how rough the rich have it.



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