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bpuharic July 16th 10 02:54 AM

tax guts GROW the deficit!
 
right wingers say that cutting taxes on the rich is a way to build the
economy.

turns out it doesn't. and it's right wing economists who say
so....while right wing politicians like george bush and mitch mcconell
and the tea baggers sell snake oil, they are bankrupting the american
middle class while bankrolling the rich

http://www.theatlantic.com/business/...deficit/59728/
http://voices.washingtonpost.com/ezr...vative_el.html

Canuck57[_9_] July 16th 10 04:00 AM

tax guts GROW the deficit!
 
On 15/07/2010 7:54 PM, bpuharic wrote:
right wingers say that cutting taxes on the rich is a way to build the
economy.

turns out it doesn't. and it's right wing economists who say
so....while right wing politicians like george bush and mitch mcconell
and the tea baggers sell snake oil, they are bankrupting the american
middle class while bankrolling the rich

http://www.theatlantic.com/business/...deficit/59728/
http://voices.washingtonpost.com/ezr...vative_el.html


More Obama covering his ass.

With 650,000 no longer looking for work last month, there are 650,000
fewer taxpayers. Given this has been going on for two years, many
millions have dropped out of the taxpayer base.

Government revenue has plumeted. Even corporate taxes are less as
earnings are generally lower.

But the real cause is he huge trillion dollar per year balloon of
governemnt spending.

Obama doesn't know squat about economics, just how to manage and control
sheep.

--

Government has liberals, idealists and lawyers, but where is the common
sense?

bpuharic July 16th 10 04:08 AM

tax guts GROW the deficit!
 
On Thu, 15 Jul 2010 21:00:26 -0600, Canuck57
wrote:

On 15/07/2010 7:54 PM, bpuharic wrote:
right wingers say that cutting taxes on the rich is a way to build the
economy.

turns out it doesn't. and it's right wing economists who say
so....while right wing politicians like george bush and mitch mcconell
and the tea baggers sell snake oil, they are bankrupting the american
middle class while bankrolling the rich

http://www.theatlantic.com/business/...deficit/59728/
http://voices.washingtonpost.com/ezr...vative_el.html


More Obama covering his ass.


since when do right wing economists cover obama's ass?

oh. since he's black he MUST be a liar...

gotcha


With 650,000 no longer looking for work last month, there are 650,000
fewer taxpayers. Given this has been going on for two years, many
millions have dropped out of the taxpayer base.


thanks to bush's depression


Government revenue has plumeted. Even corporate taxes are less as
earnings are generally lower.


thanks to bush's depression


But the real cause is he huge trillion dollar per year balloon of
governemnt spending.


uh no. bush put the tax cuts in place. if it wasnt for them, the
deficit wouldnt be as large. and right wingers are pushing to continue
the tax cuts though they dont work


Obama doesn't know squat about economics, just how to manage and control
sheep.


and you're a right winger who can't read


nom=de=plume[_2_] July 16th 10 04:20 AM

tax guts GROW the deficit!
 

"Canuck57" wrote in message
...
On 15/07/2010 7:54 PM, bpuharic wrote:
right wingers say that cutting taxes on the rich is a way to build the
economy.

turns out it doesn't. and it's right wing economists who say
so....while right wing politicians like george bush and mitch mcconell
and the tea baggers sell snake oil, they are bankrupting the american
middle class while bankrolling the rich

http://www.theatlantic.com/business/...deficit/59728/
http://voices.washingtonpost.com/ezr...vative_el.html


More Obama covering his ass.

With 650,000 no longer looking for work last month, there are 650,000
fewer taxpayers. Given this has been going on for two years, many
millions have dropped out of the taxpayer base.

Government revenue has plumeted. Even corporate taxes are less as
earnings are generally lower.

But the real cause is he huge trillion dollar per year balloon of
governemnt spending.

Obama doesn't know squat about economics, just how to manage and control
sheep.

--

Government has liberals, idealists and lawyers, but where is the common
sense?


You are genetically stupid. That's the only explanation that makes sense. No
one can be deliberately this stupid.



Canuck57[_9_] July 16th 10 04:21 AM

tax guts GROW the deficit!
 
On 15/07/2010 9:08 PM, bpuharic wrote:
On Thu, 15 Jul 2010 21:00:26 -0600,
wrote:

On 15/07/2010 7:54 PM, bpuharic wrote:
right wingers say that cutting taxes on the rich is a way to build the
economy.

turns out it doesn't. and it's right wing economists who say
so....while right wing politicians like george bush and mitch mcconell
and the tea baggers sell snake oil, they are bankrupting the american
middle class while bankrolling the rich

http://www.theatlantic.com/business/...deficit/59728/
http://voices.washingtonpost.com/ezr...vative_el.html


More Obama covering his ass.


since when do right wing economists cover obama's ass?

oh. since he's black he MUST be a liar...

gotcha


With 650,000 no longer looking for work last month, there are 650,000
fewer taxpayers. Given this has been going on for two years, many
millions have dropped out of the taxpayer base.


thanks to bush's depression


Government revenue has plumeted. Even corporate taxes are less as
earnings are generally lower.


thanks to bush's depression


But the real cause is he huge trillion dollar per year balloon of
governemnt spending.


uh no. bush put the tax cuts in place. if it wasnt for them, the
deficit wouldnt be as large. and right wingers are pushing to continue
the tax cuts though they dont work


Obama doesn't know squat about economics, just how to manage and control
sheep.


and you're a right winger who can't read


But the reality is Obama has bankrupted the USA and now the taxes are
going to skyrocket.

Look at Japan, the lost decades. Well documented. Obamanomics, Keynes
etc., all a bunch of crap.

--

Government has liberals, idealists and lawyers, but where is the common
sense?

bpuharic July 16th 10 04:34 AM

tax guts GROW the deficit!
 
On Thu, 15 Jul 2010 21:21:14 -0600, Canuck57
wrote:

On 15/07/2010 9:08 PM, bpuharic wrote:
On Thu, 15 Jul 2010 21:00:26 -0600,
wrote:


uh no. bush put the tax cuts in place. if it wasnt for them, the
deficit wouldnt be as large. and right wingers are pushing to continue
the tax cuts though they dont work


Obama doesn't know squat about economics, just how to manage and control
sheep.


and you're a right winger who can't read


But the reality is Obama has bankrupted the USA and now the taxes are
going to skyrocket.


uh no. george bush handed the keys to the economy to his rich friends.
the 2003 and 2006 tax cuts benefited the ultra wealthy. and the
middle class paid for them.


Look at Japan, the lost decades. Well documented. Obamanomics, Keynes
etc., all a bunch of crap.


gee. and how did 30 years of milton friedman work out during the great
depressoin we're in?



nom=de=plume[_2_] July 16th 10 06:12 AM

tax guts GROW the deficit!
 

"Canuck57" wrote in message
...
On 15/07/2010 9:08 PM, bpuharic wrote:
On Thu, 15 Jul 2010 21:00:26 -0600,
wrote:

On 15/07/2010 7:54 PM, bpuharic wrote:
right wingers say that cutting taxes on the rich is a way to build the
economy.

turns out it doesn't. and it's right wing economists who say
so....while right wing politicians like george bush and mitch mcconell
and the tea baggers sell snake oil, they are bankrupting the american
middle class while bankrolling the rich

http://www.theatlantic.com/business/...deficit/59728/
http://voices.washingtonpost.com/ezr...vative_el.html

More Obama covering his ass.


since when do right wing economists cover obama's ass?

oh. since he's black he MUST be a liar...

gotcha


With 650,000 no longer looking for work last month, there are 650,000
fewer taxpayers. Given this has been going on for two years, many
millions have dropped out of the taxpayer base.


thanks to bush's depression


Government revenue has plumeted. Even corporate taxes are less as
earnings are generally lower.


thanks to bush's depression


But the real cause is he huge trillion dollar per year balloon of
governemnt spending.


uh no. bush put the tax cuts in place. if it wasnt for them, the
deficit wouldnt be as large. and right wingers are pushing to continue
the tax cuts though they dont work


Obama doesn't know squat about economics, just how to manage and control
sheep.


and you're a right winger who can't read


But the reality is Obama has bankrupted the USA and now the taxes are
going to skyrocket.

Look at Japan, the lost decades. Well documented. Obamanomics, Keynes
etc., all a bunch of crap.

--

Government has liberals, idealists and lawyers, but where is the common
sense?


The reality is that you're a moron.



nom=de=plume[_2_] July 16th 10 06:13 AM

tax guts GROW the deficit!
 

wrote in message
...
On Thu, 15 Jul 2010 23:34:35 -0400, bpuharic wrote:

uh no. george bush handed the keys to the economy to his rich friends.
the 2003 and 2006 tax cuts benefited the ultra wealthy. and the
middle class paid for them.


... and 43% at the bottom don't pay any income taxes.
http://www.cbsnews.com/stories/2009/...n4945874.shtml


Yeah, the poor people. Sure is easy to blame them! But those rich people,
gotta give them all the breaks.




nom=de=plume[_2_] July 16th 10 06:15 AM

tax guts GROW the deficit!
 

wrote in message
...
On Thu, 15 Jul 2010 21:00:26 -0600, Canuck57
wrote:

With 650,000 no longer looking for work last month, there are 650,000
fewer taxpayers. Given this has been going on for two years, many
millions have dropped out of the taxpayer base.


There are actually a lot fewer taxpayers than that. Because of the gap
at the bottom when the "underemployed" will drop below the threshold
where they pay income tax. It was 43% in 2009, I bet that number will
be well over 50% in the 2010 tax year.
http://www.cbsnews.com/stories/2009/...n4945874.shtml

I think that is why they want to let the Bush tax cuts expire. They
keep saying this only affects the super rich but it is also a rise of
rates across the board. Everyone's tax bill will go up.


Everyone's? Nope. You're not willing to pay for services.. fine. I am. Just
don't dial 911 and don't use the roads, and to heck with libraries...
they're for poor people. Don't need to worry about fires and paramedics.




nom=de=plume[_2_] July 16th 10 07:49 AM

tax guts GROW the deficit!
 

wrote in message
...
On Thu, 15 Jul 2010 22:13:26 -0700, "nom=de=plume"
wrote:


wrote in message
. ..
On Thu, 15 Jul 2010 23:34:35 -0400, bpuharic wrote:

uh no. george bush handed the keys to the economy to his rich friends.
the 2003 and 2006 tax cuts benefited the ultra wealthy. and the
middle class paid for them.


... and 43% at the bottom don't pay any income taxes.
http://www.cbsnews.com/stories/2009/...n4945874.shtml


Yeah, the poor people. Sure is easy to blame them! But those rich people,
gotta give them all the breaks.



Again you miss the point.
If you rescind the Bush tax cuts, you also raise the tax rate of those
people near the bottom. For example the 10% rate is gone, replaced by
15%, the same is true of all the rates.

I have every tax return since 1983 in my files along with the 1040
book. Do we really want to run the numbers for some typical working
class people before and after the current rates came into effect?
I know my taxes are the lowest they have ever been and according to
the people here I am "working class" not "middle class".
My taxes would go up about $4000 if I used the Clinton tax tables.


The Obama plan is to let tax cuts expire for those making over $250K. Do you
make over $250K? If so, then yes, you're taxes will go up. However, the
right wing would like everyone to believe that it will be an across the
board tax increase, which is hogwash (unless the Republicans continue to
obstruct meaningful legislation).




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