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#1
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#2
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![]() "bpuharic" wrote in message news ![]() fOn Thu, 15 Apr 2010 23:03:54 -0400, wrote: 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. 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%, I do not think it has ever been that low. Most of my income these days is dividends that get a preferred treatment as they have already been taxed. The other is a couple small retirements and Social Security. And that was with the standard deduction. Even with $7k of medical and dental, could not itemize. When I was in the semi-rich catagory for income they took about 30% federally. Plus 1.5% for medicare. During Clinton years, and the dot.com boom my options remitted 35% + 1.5% to the Fed's and 10% to the state of California. Seems as us "rich:" were paying more than our share. |
#4
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On 4/16/10 6:11 AM, bpuharic wrote:
On Thu, 15 Apr 2010 20:42:59 -0700, "Bill McKee" wrote: wrote in message news ![]() 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 |
#5
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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 |
#6
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#7
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posted to rec.boats
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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 |
#8
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#9
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#10
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On Sat, 17 Apr 2010 02:00:33 -0400, wrote:
On Fri, 16 Apr 2010 17:57:11 -0400, bpuharic wrote: 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. thanks to obama. and those are targeted to specific groups...like people with children. That cut from $8,093 to $6,661 happened during the Bush administration. The drop from $9,575 to $8,093 happened during the Clinton administration. Your taxes have been cut steadily for 20 years. really? http://abcnews.go.com/Business/obama...ory?id=9659186 The Obama administration's new middle class initiatives will put more money into the pockets of many Americans, but will it bolster the flagging economy? Reactions to the plan, unveiled Monday as part of a forthcoming report by the administration's Task Force on the Middle Class, have largely split among ideological lines. For Working Parents: Expanding Child and Dependent Care Tax Credit for Middle Class Families The saver's tax credit helps Americans save for retirement by providing a tax credit to match their own retirement savings up to a certain amount http://www.reuters.com/article/idUSN0911401420100410 "So far, Americans who have filed their taxes have discovered that the average refund is up nearly 10 percent this year -- to an all-time high of about $3,000," he said. 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. Make some investments and you can enjoy that too. i work for a living. if i made enough money to invest i wouldnt work. of course you rich guys disdain work, which is why you have no use for 100,000,000 working americans |