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Default deficits don't matter


"Colonel Kurtz" wrote in message
...

On 16-Sep-2010, bpuharic wrote:

Investment income is taxed at a lower rate to encourage investment,


which it does not do. we have lowered the tax rates on investment
income to 15%


Only for 3 more months - then you're "retirement" is screwed even deeper.

The lowest tax rate now is 10% - it will rise 50% on January 1, 2011.
That
makes them equivalent.(50% tax rate increased on the lowest wage
losers???)
Higher tax rates go as high as 40%, at a moderate incom,e. That's lower.
Arithmetic impaired??


It almost certainly won't. The Republicans don't want to allow the rate to
rise for the top 2% in income. They claim, falsely, that actual small
business would be hit.

The Republicans and the Teabaggers claim they want to reduce the deficit,
yet they have no problem adding another $3T to it with tax breaks for the
rich.

It's bad enough that the deficit will increase with the tax breaks for the
middle and lower income groups, but at this point, there's little choice,
since raising their taxes would do much greater harm.


Don't beat yourself up for not understanding grade school economics.


Sounds like you're not really getting what's actually going on.


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Default deficits don't matter


On 22-Sep-2010, "nom=de=plume" wrote:

Higher tax rates go as high as 40%, at a moderate incom,e. That's
lower.
Arithmetic impaired??


It almost certainly won't. The Republicans don't want to allow the rate to

rise for the top 2% in income. They claim, falsely, that actual small
business would be hit.

The Republicans and the Teabaggers claim they want to reduce the deficit,
yet they have no problem adding another $3T to it with tax breaks for the
rich.

It's bad enough that the deficit will increase with the tax breaks for the

middle and lower income groups, but at this point, there's little choice,
since raising their taxes would do much greater harm.


You missed your career in writing children's books. Do you have even a tiny
grasp that ****ing trillions of dollars down the drain is the opposite side
of the T chart? It's your money - if you want it in the hands of the DC
criminals, send it to them.
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posted to rec.boats
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First recorded activity by BoatBanter: Apr 2010
Posts: 3,578
Default deficits don't matter


"Colonel Kurtz" wrote in message
...

On 22-Sep-2010, "nom=de=plume" wrote:

Higher tax rates go as high as 40%, at a moderate incom,e. That's
lower.
Arithmetic impaired??


It almost certainly won't. The Republicans don't want to allow the rate
to

rise for the top 2% in income. They claim, falsely, that actual small
business would be hit.

The Republicans and the Teabaggers claim they want to reduce the deficit,
yet they have no problem adding another $3T to it with tax breaks for the
rich.

It's bad enough that the deficit will increase with the tax breaks for
the

middle and lower income groups, but at this point, there's little choice,
since raising their taxes would do much greater harm.


You missed your career in writing children's books. Do you have even a
tiny
grasp that ****ing trillions of dollars down the drain is the opposite
side
of the T chart? It's your money - if you want it in the hands of the DC
criminals, send it to them.


Jeeezus... you are stupid.

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posted to rec.boats
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First recorded activity by BoatBanter: Jul 2010
Posts: 385
Default deficits don't matter


On 22-Sep-2010, "nom=de=plume" wrote:

You missed your career in writing children's books. Do you have even a
tiny
grasp that ****ing trillions of dollars down the drain is the opposite
side
of the T chart? It's your money - if you want it in the hands of the DC
criminals, send it to them.


Jeeezus... you are stupid.


Typical Marxist behavior - losing a debate and resorting to juvenile name
calling. It explains your voting and purchasing behavior.
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