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Default Who doesn't pay taxes and why

bpuharic wrote:
On Fri, 30 Jul 2010 21:47:47 -0700, "Bill McKee"
wrote:


wrote in message
...

On Fri, 30 Jul 2010 17:50:49 -0600,
wrote:


On 30/07/2010 5:39 PM, Larry wrote:


I don't make it a point to post political crap here but Bob has been
obsessing over this subject for too long. Here is an unbiased report on
taxes as they are today....

http://www.smartmoney.com/personal-f...axes/?cid=1231

I expect the democrats will be closing those loop holes. They need to
cover the trillions of overspend.


biggest factor in the current deficit?

bush's tax cuts for the rich


Biggest factor in the current deficit is gross Federal overspending!

meaningless generalization.

instead of right wing bull****, why not go with the evidence...which
would cause your right wing head to explode:

http://www.cbpp.org/cms/index.cfm?fa=view&id=3036


Same

reason that California and most other states are going bankrupt. Same
reason people go bankrupt most of the time. Overspend. Most of the home
foreclosures are because people overspent for the houses!


gee. funny that all this 'overspending' just happened in the last few
years.

what really happened was that bush overspent on useless wars, cut
taxes on the rich who then spent it on blowing out the economy

"Near term deficits"??? Is that 20 years or 120 years?
 
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