Page 9 of 17 FirstFirst ... 7891011 ... LastLast
Results 81 to 90 of 165

Thread: Debt Crisis is Worse than we Think

  1. #81
    Guru

    Join Date
    Mar 2007
    Last Seen
    Yesterday @ 01:50 PM
    Lean
    Undisclosed
    Posts
    4,469

    Re: Debt Crisis is Worse than we Think

    Quote Originally Posted by lpast View Post
    They vote by paying off politicians...
    Yeah, well there is that. Since ObamaCare went into effect, our USA affiliate spends a lot more on lobbying than on advertising. They also give their employees more bonus money as a reward for them being politically active and contributing to the right politicians.

    .

  2. #82
    Sage
    sangha's Avatar
    Join Date
    Jul 2011
    Location
    Lower Hudson Valley, NY
    Last Seen
    09-17-17 @ 05:48 PM
    Gender
    Lean
    Independent
    Posts
    59,990

    Re: Debt Crisis is Worse than we Think

    Quote Originally Posted by TOJ View Post
    When did companies in the Fortune 400 get the right to vote?

    The only way a company can vote is with their feet.

    .
    The Fortune 500 is corps

    The Fortune 400 is made of people!!! Aiyeeee!!!
    A Look at the Tax Returns of the Top 400 Taxpayers - Real Time Economics - WSJ

    The top 400 U.S. individual taxpayers got 1.59% of the nation’s household income in 2007, according to their tax returns, three times the slice they got in the 1990s, according to the Internal Revenue Service. They paid 2.05% of all individual income taxes in that year.

    In its annual update of the taxes paid by the 400 best-off taxpayers, who aren’t identified, the IRS also said that only 220 of the top 400 were in the top marginal tax bracket. The 400 best-off taxpayers paid an average tax rate of 16.6%, lower than in any year since the IRS began making the reports in 1992
    Tax Rate for Richest 400 Taxpayers Plummeted in Recent Decades, Even as Their Pre-Tax Incomes Skyrocketed — Center on Budget and Policy Priorities
    The top 400 households paid 16.6 percent of their income in federal individual income taxes in 2007, down from 30 percent in 1995. This decline works out to a tax cut of $46 million per filer in 2007, or a total of $18 billion in tax cuts for these households per year.

    To make it into the top 400, a household needed an adjusted gross income of at least $35 million in 1992 (in 2007 dollars) and $139 million in 2007.

    The decline in effective tax rates at the very top is due in large part to the capital gains tax cuts enacted in 1997 and 2003. The top marginal tax rate on capital gains is now 15 percent, less than half the top tax rate on wages and salaries. The top 400 taxpayers derived two-thirds of their income from capital gains and qualified dividends in 2007.

    The 400 Richest Americans Pay An 18% Tax Rate - Robert Lenzner - StreetTalk - Forbes
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

  3. #83
    Pragmatic Idealist
    upsideguy's Avatar
    Join Date
    Nov 2009
    Location
    Rocky Mtn. High
    Last Seen
    Today @ 03:36 PM
    Gender
    Lean
    Progressive
    Posts
    10,095

    Re: Debt Crisis is Worse than we Think

    Quote Originally Posted by Flyersfan314 View Post
    The horrible thing is, the worst time to cut spending is during a recession.
    Finally, someone at DP acknowledges this fundamental precept of economics. Cutting spending will cut jobs and cut tax revenues.

  4. #84
    Pragmatic Idealist
    upsideguy's Avatar
    Join Date
    Nov 2009
    Location
    Rocky Mtn. High
    Last Seen
    Today @ 03:36 PM
    Gender
    Lean
    Progressive
    Posts
    10,095

    Re: Debt Crisis is Worse than we Think

    Quote Originally Posted by TOJ View Post
    When did companies in the Fortune 400 get the right to vote?

    The only way a company can vote is with their feet.

    .
    The Supreme Court's Citizen United Ruling gave corporations the right to vote..... As you know, in America, its 1 dollar - 1 vote.

  5. #85
    Pragmatic Idealist
    upsideguy's Avatar
    Join Date
    Nov 2009
    Location
    Rocky Mtn. High
    Last Seen
    Today @ 03:36 PM
    Gender
    Lean
    Progressive
    Posts
    10,095

    Re: Debt Crisis is Worse than we Think

    Quote Originally Posted by digsbe View Post
    We need to cut spending. America has a bad addiction with spending what is not there and increasing the size of government to become a bloated unnecessary bureaucracy. We need to cut spending, we need to shrink government, we need to reform social programs and the tax code.
    We need to retrench on American Imperialism. Sorry, but most of the economic problems in the US are directly or indirectly related to our middle eastern war efforts. Its time to shut down all foreign wars, close 1/2 of our foreign bases and put the hawks out to pasture, we can no longer afford these adventures.

  6. #86
    Guru

    Join Date
    Mar 2007
    Last Seen
    Yesterday @ 01:50 PM
    Lean
    Undisclosed
    Posts
    4,469

    Re: Debt Crisis is Worse than we Think


  7. #87
    Pragmatic Idealist
    upsideguy's Avatar
    Join Date
    Nov 2009
    Location
    Rocky Mtn. High
    Last Seen
    Today @ 03:36 PM
    Gender
    Lean
    Progressive
    Posts
    10,095

    Re: Debt Crisis is Worse than we Think

    Quote Originally Posted by TOJ View Post
    Wow, 400 votes? Any politician would have to go after that block.

    .
    Given those 400 people have over 1/2 of the US wealth, you better believe you go after them.

    400 Families Own Half of Americas Wealth – Part I « Path To Well-Being

  8. #88
    Sage
    Taylor's Avatar
    Join Date
    Aug 2009
    Location
    US
    Last Seen
    Today @ 03:12 PM
    Lean
    Undisclosed
    Posts
    6,170

    Re: Debt Crisis is Worse than we Think

    Quote Originally Posted by upsideguy View Post
    We need to retrench on American Imperialism. Sorry, but most of the economic problems in the US are directly or indirectly related to our middle eastern war efforts.
    No war for social security! No war for medicare!

  9. #89
    Sage
    sangha's Avatar
    Join Date
    Jul 2011
    Location
    Lower Hudson Valley, NY
    Last Seen
    09-17-17 @ 05:48 PM
    Gender
    Lean
    Independent
    Posts
    59,990

    Re: Debt Crisis is Worse than we Think

    Quote Originally Posted by TOJ View Post
    Wow, 400 votes? Any politician would have to go after that block.

    .
    Umm, polticians do go after their votes, their support, and most importantly, their money

    Just about everyone else knows this.
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

  10. #90
    Sage
    sangha's Avatar
    Join Date
    Jul 2011
    Location
    Lower Hudson Valley, NY
    Last Seen
    09-17-17 @ 05:48 PM
    Gender
    Lean
    Independent
    Posts
    59,990

    Re: Debt Crisis is Worse than we Think

    Quote Originally Posted by upsideguy View Post
    Given those 400 people have over 1/2 of the US wealth, you better believe you go after them.

    400 Families Own Half of Americas Wealth – Part I « Path To Well-Being
    The only kind of politician who doesn't is the kind who doesn't get re-elected
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

Page 9 of 17 FirstFirst ... 7891011 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •