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Charlie Cook Sees GOP Winning Big in 2012
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Charlie Cook Sees GOP Winning Big in 2012
On Tue, 22 Nov 2011 21:38:19 -0700, Canuck57
wrote: 65% of Canada has none to low (red). No mistake why I live in Alberta. Coincidentally or not, the red provinces are also the largest, liberal-socialist types. i'm willing to bet alberta has socialized medicine so he lives in a socialist state while complaining about free market america being a socialist state hypocrite |
Charlie Cook Sees GOP Winning Big in 2012
On 11/23/2011 7:20 PM, bpuharic wrote:
On Tue, 22 Nov 2011 17:39:13 -0500, wrote: On 11/22/2011 4:18 PM, bpuharic wrote: On Mon, 21 Nov 2011 23:59:40 -0500, wrote: On Mon, 21 Nov 2011 17:39:33 -0500, wrote: not enough. not enough at all. they pay 15%. i pay 28% Bull****. If you pay 28% you are one of the 1%. Two people, no kids, making a combined $100k end up paying about 11% taking the standard deduction. not too smart are you? 28% is middle class income: http://taxes.about.com/od/Federal-In...1-Tax-Year.htm •10% on taxable income from $0 to $8,500, plus •15% on taxable income over $8,500 to $34,500, plus •25% on taxable income over $34,500 to $83,600, plus •28% on taxable income over $83,600 to $174,400, plus •33% on taxable income over $174,400 to $379,150, plus •35% on taxable income over $379,150. no wonder you're right wing. you're too stupid to be anything BUT.... Those are the rates for "taxable" income after deductions, credits, etc. And we do NOT pay 28% on the whole "taxable" amount. There are brackets below the 28% bracket where the applied tax is lower. From your cite the first 8.5K is taxed at 10%. From 8.5K to 34.5K is taxed at 15% and so on. Thus the net percentage paid is lower that 28% for the bracket under discussion. But you're too stupid to know that. I hope your account is smarter than you are. oh. you dont know what a marginal tax rate is even though you just defined it yeah, you're right wing alright Nice try at a cover up. I never thought you would understand the meaning of marginal tax rate. |
Charlie Cook Sees GOP Winning Big in 2012
On 11/23/2011 7:24 PM, bpuharic wrote:
On Tue, 22 Nov 2011 20:18:02 -0500, wrote: On Tue, 22 Nov 2011 16:18:32 -0500, wrote: On Mon, 21 Nov 2011 23:59:40 -0500, wrote: On Mon, 21 Nov 2011 17:39:33 -0500, wrote: not enough. not enough at all. they pay 15%. i pay 28% Bull****. If you pay 28% you are one of the 1%. Two people, no kids, making a combined $100k end up paying about 11% taking the standard deduction. not too smart are you? 28% is middle class income: http://taxes.about.com/od/Federal-In...1-Tax-Year.htm •10% on taxable income from $0 to $8,500, plus •15% on taxable income over $8,500 to $34,500, plus •25% on taxable income over $34,500 to $83,600, plus •28% on taxable income over $83,600 to $174,400, plus •33% on taxable income over $174,400 to $379,150, plus •35% on taxable income over $379,150. no wonder you're right wing. you're too stupid to be anything BUT.... Who does your taxes Bob? Let's start with $100,000 (you can follow along with your 1040 book) You start out reducing your taxable income by $11400 for the standard deduction Then you reduce it by $7300 for 2 exemptions You have 81300 that you take to the tax table You get $12, 694 but you are not done yet Now you subtract $800 from that for the "make work pay" tax credit Your tax on $100,000 is $11,894 That is 11.9%, not 28% That is for someone with no mortgage deduction, no kids no other deductions. but don't let facts confuse what Olbermann is telling you. cant read a tax table, can you? doesnt matter what the deductions are. what matters is the marginal tax rate. and for the middle class it's 28%. the fact the GOP wants to eliminate the middle class deducations while eliminating ANY taxes for the rich..AKA capital gains go ahead...listen to talk radio. cotton candy for right wingers What matters is what you pay in the end. Call it average or marginal, what's left after the IRS takes their cut, that's what counts. |
Charlie Cook Sees GOP Winning Big in 2012
On Wed, 23 Nov 2011 19:44:21 -0500, Disgusted wrote:
On 11/23/2011 7:20 PM, bpuharic wrote: On Tue, 22 Nov 2011 17:39:13 -0500, wrote: On 11/22/2011 4:18 PM, bpuharic wrote: On Mon, 21 Nov 2011 23:59:40 -0500, wrote: On Mon, 21 Nov 2011 17:39:33 -0500, wrote: not enough. not enough at all. they pay 15%. i pay 28% Bull****. If you pay 28% you are one of the 1%. Two people, no kids, making a combined $100k end up paying about 11% taking the standard deduction. not too smart are you? 28% is middle class income: http://taxes.about.com/od/Federal-In...1-Tax-Year.htm •10% on taxable income from $0 to $8,500, plus •15% on taxable income over $8,500 to $34,500, plus •25% on taxable income over $34,500 to $83,600, plus •28% on taxable income over $83,600 to $174,400, plus •33% on taxable income over $174,400 to $379,150, plus •35% on taxable income over $379,150. no wonder you're right wing. you're too stupid to be anything BUT.... Those are the rates for "taxable" income after deductions, credits, etc. And we do NOT pay 28% on the whole "taxable" amount. There are brackets below the 28% bracket where the applied tax is lower. From your cite the first 8.5K is taxed at 10%. From 8.5K to 34.5K is taxed at 15% and so on. Thus the net percentage paid is lower that 28% for the bracket under discussion. But you're too stupid to know that. I hope your account is smarter than you are. oh. you dont know what a marginal tax rate is even though you just defined it yeah, you're right wing alright Nice try at a cover up. I never thought you would understand the meaning of marginal tax rate. try reading a tax table. i published one above |
Charlie Cook Sees GOP Winning Big in 2012
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Charlie Cook Sees GOP Winning Big in 2012
On Thu, 24 Nov 2011 00:31:02 -0500, wrote:
On Wed, 23 Nov 2011 19:24:04 -0500, bpuharic wrote: On Tue, 22 Nov 2011 20:18:02 -0500, wrote: That is 11.9%, not 28% That is for someone with no mortgage deduction, no kids no other deductions. but don't let facts confuse what Olbermann is telling you. cant read a tax table, can you? doesnt matter what the deductions are. what matters is the marginal tax rate. and for the middle class it's 28%. the fact the GOP wants to eliminate the middle class deducations while eliminating ANY taxes for the rich..AKA capital gains go ahead...listen to talk radio. cotton candy for right wingers The top marginal rate doesn't mean ****. bull****. if your income is a million bux your effective tax rate is over 30% because almost all your income is taxed at the marginal rates lemme ask: did you take ANY math in school? any at all? the fact is the very rich dont pay ****. the fact is they wrecked this economy the fact is True Believers in the wall street cult....like you...will always give the socialist freeloaders of wall street a free pass no matter HOW MUCH damage they do to the economy we capitalists are tired of your socialism. you're just another freeloader |
Charlie Cook Sees GOP Winning Big in 2012
On 23/11/2011 5:44 PM, Disgusted wrote:
On 11/23/2011 7:20 PM, bpuharic wrote: On Tue, 22 Nov 2011 17:39:13 -0500, wrote: On 11/22/2011 4:18 PM, bpuharic wrote: On Mon, 21 Nov 2011 23:59:40 -0500, wrote: On Mon, 21 Nov 2011 17:39:33 -0500, wrote: not enough. not enough at all. they pay 15%. i pay 28% Bull****. If you pay 28% you are one of the 1%. Two people, no kids, making a combined $100k end up paying about 11% taking the standard deduction. not too smart are you? 28% is middle class income: http://taxes.about.com/od/Federal-In...1-Tax-Year.htm •10% on taxable income from $0 to $8,500, plus •15% on taxable income over $8,500 to $34,500, plus •25% on taxable income over $34,500 to $83,600, plus •28% on taxable income over $83,600 to $174,400, plus •33% on taxable income over $174,400 to $379,150, plus •35% on taxable income over $379,150. no wonder you're right wing. you're too stupid to be anything BUT.... Those are the rates for "taxable" income after deductions, credits, etc. And we do NOT pay 28% on the whole "taxable" amount. There are brackets below the 28% bracket where the applied tax is lower. From your cite the first 8.5K is taxed at 10%. From 8.5K to 34.5K is taxed at 15% and so on. Thus the net percentage paid is lower that 28% for the bracket under discussion. But you're too stupid to know that. I hope your account is smarter than you are. oh. you dont know what a marginal tax rate is even though you just defined it yeah, you're right wing alright Nice try at a cover up. I never thought you would understand the meaning of marginal tax rate. Diaper wipe bpuharic cant even do the math, thinking that was the whole tax rate table without deductions. Clearly a loser fool. My guess, is a jailbird. -- All successful people have one thing in common, if even for a moment they think rationally. |
Charlie Cook Sees GOP Winning Big in 2012
On 23/11/2011 5:26 PM, bpuharic wrote:
On Tue, 22 Nov 2011 21:38:19 -0700, wrote: 65% of Canada has none to low (red). No mistake why I live in Alberta. Coincidentally or not, the red provinces are also the largest, liberal-socialist types. i'm willing to bet alberta has socialized medicine so he lives in a socialist state while complaining about free market america being a socialist state hypocrite You should come up here and try it. But I don't think you can get in on welfare and with a criminal record. -- All successful people have one thing in common, if even for a moment they think rationally. |
Charlie Cook Sees GOP Winning Big in 2012
On Thu, 24 Nov 2011 00:58:03 -0700, Canuck57
wrote: On 23/11/2011 5:44 PM, Disgusted wrote: On 11/23/2011 7:20 PM, bpuharic wrote: On Tue, 22 Nov 2011 17:39:13 -0500, wrote: oh. you dont know what a marginal tax rate is even though you just defined it yeah, you're right wing alright Nice try at a cover up. I never thought you would understand the meaning of marginal tax rate. Diaper wipe bpuharic cant even do the math, thinking that was the whole tax rate table without deductions. Clearly a loser fool. My guess, is a jailbird. so canuck complains how socialized medicine ruins a country as he lives in a country with socialized medicine uh huh. |
Charlie Cook Sees GOP Winning Big in 2012
On Thu, 24 Nov 2011 00:59:10 -0700, Canuck57
wrote: On 23/11/2011 5:26 PM, bpuharic wrote: On Tue, 22 Nov 2011 21:38:19 -0700, wrote: 65% of Canada has none to low (red). No mistake why I live in Alberta. Coincidentally or not, the red provinces are also the largest, liberal-socialist types. i'm willing to bet alberta has socialized medicine so he lives in a socialist state while complaining about free market america being a socialist state hypocrite You should come up here and try it. But I don't think you can get in on welfare and with a criminal record. gee. you should try to get medical care in the US withut insurance ever try it? |
Charlie Cook Sees GOP Winning Big in 2012
On 23/11/2011 5:48 PM, Disgusted wrote:
On 11/23/2011 7:24 PM, bpuharic wrote: On Tue, 22 Nov 2011 20:18:02 -0500, wrote: On Tue, 22 Nov 2011 16:18:32 -0500, wrote: On Mon, 21 Nov 2011 23:59:40 -0500, wrote: On Mon, 21 Nov 2011 17:39:33 -0500, wrote: not enough. not enough at all. they pay 15%. i pay 28% Bull****. If you pay 28% you are one of the 1%. Two people, no kids, making a combined $100k end up paying about 11% taking the standard deduction. not too smart are you? 28% is middle class income: http://taxes.about.com/od/Federal-In...1-Tax-Year.htm •10% on taxable income from $0 to $8,500, plus •15% on taxable income over $8,500 to $34,500, plus •25% on taxable income over $34,500 to $83,600, plus •28% on taxable income over $83,600 to $174,400, plus •33% on taxable income over $174,400 to $379,150, plus •35% on taxable income over $379,150. no wonder you're right wing. you're too stupid to be anything BUT.... Who does your taxes Bob? Let's start with $100,000 (you can follow along with your 1040 book) You start out reducing your taxable income by $11400 for the standard deduction Then you reduce it by $7300 for 2 exemptions You have 81300 that you take to the tax table You get $12, 694 but you are not done yet Now you subtract $800 from that for the "make work pay" tax credit Your tax on $100,000 is $11,894 That is 11.9%, not 28% That is for someone with no mortgage deduction, no kids no other deductions. but don't let facts confuse what Olbermann is telling you. cant read a tax table, can you? doesnt matter what the deductions are. what matters is the marginal tax rate. and for the middle class it's 28%. the fact the GOP wants to eliminate the middle class deducations while eliminating ANY taxes for the rich..AKA capital gains go ahead...listen to talk radio. cotton candy for right wingers What matters is what you pay in the end. Call it average or marginal, what's left after the IRS takes their cut, that's what counts. Bingo. When I moved to the US I originally had to buy my own insurance as I was a consultant not an employee. So I bought it on my own, writing the check. But when I got into it, I was saving more on taxes at the lower US tax rate. If I factor in health care as taxes, and consider in Canada most have supplementary insurance, I was far better off in the USA on wage/consulting income than in Canada. Gets better, stuff is cheaper in the USA, less excise and hidden taxes. No HST/PST, which is 15%. State taxes always seemed to be 4.5 to 5.5%. Gas, entertainment, vacations, cars, booze, services all seemed cheaper in the USA. Sure had no trouble saving money. -- All successful people have one thing in common, if even for a moment they think rationally. |
Charlie Cook Sees GOP Winning Big in 2012
In article om,
says... On 11/22/2011 8:11 AM, X ` Man wrote: On 11/21/11 11:45 PM, jps wrote: On Mon, 21 Nov 2011 08:59:42 -0500, X ` Man wrote: On 11/21/11 8:46 AM, BAR wrote: In , says... On Mon, 21 Nov 2011 00:24:51 -0500, wrote: On Sun, 20 Nov 2011 22:31:43 -0500, wrote: On Sun, 20 Nov 2011 17:02:02 -0500, wrote: In , says... you're the one betting on polls a year before the election. go back to your security blanket. Obama could be beat by any republican with a pulse. Too bad they haven't found that one yet. yeah. that's cuz aint no republican wiht a pulse I really think the GOP wants Obama to win so it will be a democrat who makes the cuts to SS and Medicare that we are going to have to do. sorry sport. that's already on the table what terrifies the GOP is raising taxes on the rich the GOP has no problem destroying the middle class. but god forbid the rich should pay an extra buck in taxes for all the damage they caused Washington DC doesn't have a revenue problem, they have a spending problem. Everyone is looking for the solution from on wrong side of the ledger. D'oh. Stop channeling the moronic GOP leaders in the house and senate. Where was Bertie when we started bombing rocks in Afghanistan and unseating Saddam? Bush had a spending problem called war. And, he was the one who pushed through the medicare drug bill that put us even further in debt. Funny, didn't hear Bertie say a damned thing when all that spending was goin' on. Bertie was shivering in a corner, hoping and praying he wouldn't get called up and sent to a combat zone. Now that's projecting ones shortcomings onto another. Mommy use her political connections to see to it that you didn't get drafted? I was a phone call away with my sea bag packed and ready to go for 6 years. What was Harry doing, throwing fecal bombs at his fellow union members in the police department? |
Charlie Cook Sees GOP Winning Big in 2012
On 11/24/11 9:40 AM, BAR wrote:
In raweb.com, says... On 11/22/2011 8:11 AM, X ` Man wrote: Washington DC doesn't have a revenue problem, they have a spending problem. Everyone is looking for the solution from on wrong side of the ledger. D'oh. Stop channeling the moronic GOP leaders in the house and senate. Where was Bertie when we started bombing rocks in Afghanistan and unseating Saddam? Bush had a spending problem called war. And, he was the one who pushed through the medicare drug bill that put us even further in debt. Funny, didn't hear Bertie say a damned thing when all that spending was goin' on. Bertie was shivering in a corner, hoping and praying he wouldn't get called up and sent to a combat zone. Now that's projecting ones shortcomings onto another. Mommy use her political connections to see to it that you didn't get drafted? I was a phone call away with my sea bag packed and ready to go for 6 years. What was Harry doing, throwing fecal bombs at his fellow union members in the police department? If you are referring to Bush's moronic war against Afghanistan, I was biding my time, waiting for a real president with brains to give the orders to find and kill bin Laden. You remember bin Laden, right? The guy Bush said wasn't important enough to catch. Have a nice family holiday. -- http://flickr.com/gp/hakr/8272ug |
Charlie Cook Sees GOP Winning Big in 2012
On Tue, 22 Nov 2011 11:52:00 -0700, Canuck57
wrote: On 20/11/2011 11:58 AM, California Rocket Scientist wrote: On Sat, 19 Nov 2011 12:41:14 -0800 (PST), TopBassDog wrote: Pay attention Herr Krause; you too JIPS- I know the odds are against it, but there remains hope that you both may learn something. http://www.usnews.com/news/blogs/was...ng-big-in-2012 We need to face it, we're a nation that claims to be fiscally conservative, yet we never tire of goofy wars to name just one bizarre contradiction. Then when we see the bill we look to elect somebody new no matter what crazy claims he makes as long as he doesn't mention our previous assinine decisons, or criticize us for making them. The latest crazy claims are that the applicants can make up for the 5 trillion cost of the middle east fiasco by cutting taxes further and getting rid of the EPA, unions, etc. Who'd be dumb enough to believe that except for maybe 51% of the voters? So Cook could be right. God help us. Need to get rid of "In Debt We Trust!" and put God back in there. You mean the god who likes to flood backup generators at nuclear power plants and give cancer to innocent kids? How is trusting in him supposed to help anything? Look to the most wretched in the world to find the most likely to believe in nonsense. The benefits of worshipping imaginary beings are almost entirely imaginary. On the other hand the worst of the downsides is that we've accepted that it's perfectly respectable and wise to believe that a supreme being has a grand plan that includes killing the innocent in droves. How then can we tell someone that it's neither respectable or wise to believe that a Nigerian prince has willed them a fortune? Or that lower taxes combined with increased spending is retarded and immoral? Dishonored debt is a sin Let's just call it a bad thing and leave out any fairy code violations. Unpaid debts is a form of theft. Agreed. And in the case here in the US we're demanding ever lower taxes at the same time we're pretending that all the costs that have increased in the last couple of decades will somehow get paid by magic. Try telling your banker that the problem of not wanting to pay your bills can be cured by lowering your payments. When he balks tell him that the fix for his disagreeableness is a new banker or more praying. |
Charlie Cook Sees GOP Winning Big in 2012
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Charlie Cook Sees GOP Winning Big in 2012
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Charlie Cook Sees GOP Winning Big in 2012
On Thu, 24 Nov 2011 13:55:23 -0500, Disgusted wrote:
On 11/24/2011 11:56 AM, wrote: On Thu, 24 Nov 2011 00:52:05 -0500, wrote: you're ignoring the whole point to the difference between tax rates and marginal tax rates. middle class tax rates are 28%. that is a fact. What is the effective tax rate? (What you actually pay) I showed you it is 12% or less for a couple ,making $100,000. You sure do have a lot of patience with that guy. If he acted like he does here in a face to face "debate", with his name calling, he'd be visiting his dentist on a regular basis. But it's too easy to hide behind Usenet. right whiners call hiding from the truth 'patience' orwell would be proud |
Charlie Cook Sees GOP Winning Big in 2012
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Charlie Cook Sees GOP Winning Big in 2012
On 24/11/2011 7:59 PM, bpuharic wrote:
On Thu, 24 Nov 2011 11:56:31 -0500, wrote: On Thu, 24 Nov 2011 00:52:05 -0500, wrote: you're ignoring the whole point to the difference between tax rates and marginal tax rates. middle class tax rates are 28%. that is a fact. What is the effective tax rate? (What you actually pay) I showed you it is 12% or less for a couple ,making $100,000. the effective tax rate depends on ALOT of factors, many of which the right wants to elmiinate for the middle class in favor of cutting taxes for the wealthy. aint no right winger talking about eliminating middle class taxes like they are capital gains Tax capital gains 2 things happen. 1) USA is less attractive for investing and less jobs. 2) Those that do invest will get double the gains to pay the taxes and it will come from wages. Either way, just screwing the middle class. Tax greed isn't going to solve DCs problem but it is liable to make it a whole lot worse. -- All successful people have one thing in common, if even for a moment they think rationally. |
Charlie Cook Sees GOP Winning Big in 2012
On 24/11/2011 9:32 PM, wrote:
On Thu, 24 Nov 2011 21:59:37 -0500, wrote: On Thu, 24 Nov 2011 11:56:31 -0500, wrote: On Thu, 24 Nov 2011 00:52:05 -0500, wrote: you're ignoring the whole point to the difference between tax rates and marginal tax rates. middle class tax rates are 28%. that is a fact. What is the effective tax rate? (What you actually pay) I showed you it is 12% or less for a couple ,making $100,000. the effective tax rate depends on ALOT of factors, many of which the right wants to elmiinate for the middle class in favor of cutting taxes for the wealthy. aint no right winger talking about eliminating middle class taxes like they are capital gains Some of us actually invested our money and like lower capital gains taxes. But taxes on gains is a wealth tax. Say I invest $1000. After I invest you get 100% inflation years later. Now the investment is worth $2000. And now I sell, I see gains taxes on $1000, but I only say get taxed on half...so I get taxed on $500. Say I get a tax rate of 25%. $125 taxes paid and $1875. But wait, to buy stuff has also doubled by my net hasn't doubled. Basically inflation as a tax. Works on wages too as the basic deductions never keep pace with inflation pushing you up the tax tables over time. So if you tax it full, well, your company better produce a bigger dividend to write off the capital devaluation or investment capital will dry up. If GDP or inflation goes up 3%, and you only go up 2% net of taxes, you are 1% behind in your slice of the pie. And taxed on it too. -- All successful people have one thing in common, if even for a moment they think rationally. |
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Charlie Cook Sees GOP Winning Big in 2012
On Thu, 24 Nov 2011 23:32:14 -0500, wrote:
On Thu, 24 Nov 2011 21:59:37 -0500, bpuharic wrote: On Thu, 24 Nov 2011 11:56:31 -0500, wrote: On Thu, 24 Nov 2011 00:52:05 -0500, bpuharic wrote: you're ignoring the whole point to the difference between tax rates and marginal tax rates. middle class tax rates are 28%. that is a fact. What is the effective tax rate? (What you actually pay) I showed you it is 12% or less for a couple ,making $100,000. the effective tax rate depends on ALOT of factors, many of which the right wants to elmiinate for the middle class in favor of cutting taxes for the wealthy. aint no right winger talking about eliminating middle class taxes like they are capital gains Some of us actually invested our money and like lower capital gains taxes. gee that's a shame. no reason we should pay all the taxes while the capital gains folks pay zip, after what they did to this country |
Charlie Cook Sees GOP Winning Big in 2012
On Thu, 24 Nov 2011 22:43:32 -0700, Canuck57
wrote: On 24/11/2011 9:32 PM, wrote: On Thu, 24 Nov 2011 21:59:37 -0500, wrote: Some of us actually invested our money and like lower capital gains taxes. But taxes on gains is a wealth tax. and taxes on income is a tax on labor. captial gains should be taxed at least as regular income. there's no reason those who destroyed this economy should be rewarded for it |
Charlie Cook Sees GOP Winning Big in 2012
On Thu, 24 Nov 2011 22:36:38 -0700, Canuck57
wrote: On 24/11/2011 7:59 PM, bpuharic wrote: On Thu, 24 Nov 2011 11:56:31 -0500, wrote: On Thu, 24 Nov 2011 00:52:05 -0500, wrote: you're ignoring the whole point to the difference between tax rates and marginal tax rates. middle class tax rates are 28%. that is a fact. What is the effective tax rate? (What you actually pay) I showed you it is 12% or less for a couple ,making $100,000. the effective tax rate depends on ALOT of factors, many of which the right wants to elmiinate for the middle class in favor of cutting taxes for the wealthy. aint no right winger talking about eliminating middle class taxes like they are capital gains Tax capital gains 2 things happen. 1) USA is less attractive for investing and less jobs. wrong. in fact, an argument for taxing capital gains is precisely to drive finanical instruments overseas and quit subsidizing false investments that have dstroyed our economy. there is no proof that cutting capital gains leads to jobs. none. it's right wing propaganda. bush cut capital gains from 29% to 15% and this is the economy we got. where are the jobs?? 2) Those that do invest will get double the gains to pay the taxes and it will come from wages. wrong. if they're in a competiitive market for jobs OR if there are unions, like in more advanced countries, then capital gains taxes will come from stock holders Either way, just screwing the middle class. bull****. i just showed why you're wrong. where are the jobs? where are they?? Tax greed isn't going to solve DCs problem but it is liable to make it a whole lot worse. |
Charlie Cook Sees GOP Winning Big in 2012
On Thu, 24 Nov 2011 23:45:47 -0500, wrote:
On Thu, 24 Nov 2011 22:02:05 -0500, bpuharic wrote: On Thu, 24 Nov 2011 11:58:38 -0500, wrote: On Thu, 24 Nov 2011 00:54:44 -0500, bpuharic wrote: bull****. if your income is a million bux your effective tax rate is over 30% because almost all your income is taxed at the marginal rates lemme ask: did you take ANY math in school? any at all? the fact is the very rich dont pay ****. Which is it? "over 30%" or "don't pay ****"? The fact is the top 5% pay 40% of the taxes. you're so full of right wing bull**** i can smell it in PA No, Philadelphia always smells like that. ;-) Perhaps you would believe the IRS web site ... but I doubt it. You can go here and crunch the numbers yourself http://www.irs.gov/pub/irs-soi/09in12ms.xls you can go here, to the congressional budget office report: http://www.federalreserve.gov/pubs/f.../201117pap.pdf and find that between 1979 and 2007 the income of the richest 1% grew by TWO HUNDRED SEVENTY FIVE percent did their taxes go up that much? nope. in fact they went DOWN but you won't believe the CBO because faux news hates it The top 1% pay 36.7% of the taxes they have 37.1% of the country's wealth. AND their income has skyrocketed above and beyond those of the rich of other countries you have yet to make an argument as to why turning the US into a 3rd world country is a good think not sure why the right wing thinks destroying the middle class is good economics but you're doing it |
Charlie Cook Sees GOP Winning Big in 2012
On 11/24/11 11:32 PM, wrote:
On Thu, 24 Nov 2011 21:59:37 -0500, wrote: On Thu, 24 Nov 2011 11:56:31 -0500, wrote: On Thu, 24 Nov 2011 00:52:05 -0500, wrote: you're ignoring the whole point to the difference between tax rates and marginal tax rates. middle class tax rates are 28%. that is a fact. What is the effective tax rate? (What you actually pay) I showed you it is 12% or less for a couple ,making $100,000. the effective tax rate depends on ALOT of factors, many of which the right wants to elmiinate for the middle class in favor of cutting taxes for the wealthy. aint no right winger talking about eliminating middle class taxes like they are capital gains Some of us actually invested our money and like lower capital gains taxes. I think a slightly lower tax rate on *long-term* capital gains encourages investment and I favor it. I think short-term capital gains should be taxed at a much, much higher rate in order to discourage speculation. There are societal reasons to encourage long-term investments and very few to encourage speculators. |
Charlie Cook Sees GOP Winning Big in 2012
On Fri, 25 Nov 2011 07:50:46 -0500, X ` Man
wrote: I think a slightly lower tax rate on *long-term* capital gains encourages investment and I favor it actually there's evidence this is incorrecct. first, we did that. long term capital gains were once MUCH higher (over 70%) than they are now; even under clinton they were double what they are now. under bush capital gains were lowered by almost 50%. we LOST jobs. 2nd, a recent paper detailed he http://motherjones.com/kevin-drum/20...fer-curve-rich finds we could raise marginal tax rates on high earners to over 70% before we'd lower investment i think we have to go with the EVIDENCE. |
Charlie Cook Sees GOP Winning Big in 2012
On 11/25/2011 7:50 AM, X ` Man wrote:
On 11/24/11 11:32 PM, wrote: On Thu, 24 Nov 2011 21:59:37 -0500, wrote: On Thu, 24 Nov 2011 11:56:31 -0500, wrote: On Thu, 24 Nov 2011 00:52:05 -0500, wrote: you're ignoring the whole point to the difference between tax rates and marginal tax rates. middle class tax rates are 28%. that is a fact. What is the effective tax rate? (What you actually pay) I showed you it is 12% or less for a couple ,making $100,000. the effective tax rate depends on ALOT of factors, many of which the right wants to elmiinate for the middle class in favor of cutting taxes for the wealthy. aint no right winger talking about eliminating middle class taxes like they are capital gains Some of us actually invested our money and like lower capital gains taxes. I think a slightly lower tax rate on *long-term* capital gains encourages investment and I favor it. I think short-term capital gains should be taxed at a much, much higher rate in order to discourage speculation. There are societal reasons to encourage long-term investments and very few to encourage speculators. *Imposter alert* -- 1-20-13 The end of an error |
Charlie Cook Sees GOP Winning Big in 2012
On Fri, 25 Nov 2011 10:07:57 -0500, Drifter wrote:
On 11/25/2011 7:50 AM, X ` Man wrote: On 11/24/11 11:32 PM, wrote: On Thu, 24 Nov 2011 21:59:37 -0500, wrote: I think a slightly lower tax rate on *long-term* capital gains encourages investment and I favor it. I think short-term capital gains should be taxed at a much, much higher rate in order to discourage speculation. There are societal reasons to encourage long-term investments and very few to encourage speculators. *Imposter alert* THAT makes sense. there's little reason to propose lowering capital gains taxes |
Charlie Cook Sees GOP Winning Big in 2012
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Charlie Cook Sees GOP Winning Big in 2012
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Charlie Cook Sees GOP Winning Big in 2012
On Fri, 25 Nov 2011 14:33:42 -0500, wrote:
On Fri, 25 Nov 2011 02:13:56 -0500, bpuharic wrote: On Thu, 24 Nov 2011 23:45:4 The fact is the top 5% pay 40% of the taxes. you're so full of right wing bull**** i can smell it in PA No, Philadelphia always smells like that. ;-) Perhaps you would believe the IRS web site ... but I doubt it. You can go here and crunch the numbers yourself http://www.irs.gov/pub/irs-soi/09in12ms.xls you can go here, to the congressional budget office report: http://www.federalreserve.gov/pubs/f.../201117pap.pdf and find that between 1979 and 2007 the income of the richest 1% grew by TWO HUNDRED SEVENTY FIVE percent did their taxes go up that much? nope. in fact they went DOWN Since there was no change in the tax law between 2007 and 2009, how do you explain that. it's YOUR contention cutting capital gains taxes creates jobs we DID cut capital gains by 50% during bush's term WHERE ARE THE JOBS?? you IGNORE this question. you keep BLEATING that bankrupting the middle class by giving ALL our money to the rich will create jobs OK. we did that WHERE ARE THE JOBS??? BTW why make a statement that is not supported by the link you post. Do you think I won't read it and take your 275% numbers at face value i gave you the link to the CBO study. can't help it if faux news keeps feeding you ****. the very fact you keep bleating WRONG information tells us about the bull**** kool aid you drink from the True Believer fountain at wall street Your article seems to make it sound like Wall Street INVESTORS took the worst hit. "house prices declined 17 percent and the Wilshire 5000 index of publicly traded equities fell 39 percent." Yet you think it is all gravy for us. gee. middle class unemployment DOUBLED AND we BAILED YOU OUT NOW you want MORE money to continue to destroy our country how ****ing GREEDY can you get? |
Charlie Cook Sees GOP Winning Big in 2012
In article ,
says... On Fri, 25 Nov 2011 14:23:43 -0500, wrote: On Fri, 25 Nov 2011 02:04:54 -0500, bpuharic wrote: wrong. in fact, an argument for taxing capital gains is precisely to drive finanical instruments overseas and quit subsidizing false investments that have dstroyed our economy. So you want to drive capital offshore? yep. drive all collateralized default swaps offshore. let them do to the chinese economy what they did to ours Send US money to other countries to build up their industry? HAHAHAHA have you LOOKED at the chinese economy?? WE'RE ALREADY DOING THAT YOU MORON!! christ you're as dumb as a bag of rocks No. But he sure stepped into that one with a blindfold on. Except for stockholders and those working on Wall Street - an ever-decreasing class in the U.S. - capital used to build foreign factories and businesses does nothing for U.S. unemployment. In fact, it's detrimental to U.S. employment. Wall Street should just wholesale relocate to China. That way nobody will complain about it. And it might very well happen. Wouldn't bother me. |
Charlie Cook Sees GOP Winning Big in 2012
On Fri, 25 Nov 2011 14:15:30 -0600, Boating All Out
wrote: In article , says... On Fri, 25 Nov 2011 14:23:43 -0500, wrote: On Fri, 25 Nov 2011 02:04:54 -0500, bpuharic wrote: Send US money to other countries to build up their industry? HAHAHAHA have you LOOKED at the chinese economy?? WE'RE ALREADY DOING THAT YOU MORON!! christ you're as dumb as a bag of rocks No. But he sure stepped into that one with a blindfold on. Except for stockholders and those working on Wall Street - an ever-decreasing class in the U.S. - capital used to build foreign factories and businesses does nothing for U.S. unemployment. In fact, it's detrimental to U.S. employment. Wall Street should just wholesale relocate to China. That way nobody will complain about it. And it might very well happen. Wouldn't bother me. you know i wouldnt mind how ****ing rich the rich got if we ALL got richer AND we all had jobs. inequality is a natural result in a mature developed economy BUT the right worships inequality of OPPORTUNITY, and will work to preserve the privileged regardless of the costs to the econoomy. they just simply refuse to look at the evidence. he keeps bleating the same failed arguments over and over... |
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