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Thread: U.S.: In state of denial over taxes?

  1. #231
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    Re: U.S.: In state of denial over taxes?

    Quote Originally Posted by Henrin View Post
    Its better to invest your money than to rely on others to pay your bills.

    SS is not an investment program, it is an insurance program that all income earners contribute to that currently has a $2.6 trillion dollar surplus.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: U.S.: In state of denial over taxes?

    Quote Originally Posted by mpg View Post
    Future generations are getting f%$#ed up the a&& by SS and Medicare.

    SS is not in crisis, it has a 2.6 trillion dollar surplus. Our out of control spending on optional wars and twice the military spending as needed for defense, and the worlds most expensive health care system is what is threatening future generations.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: U.S.: In state of denial over taxes?

    Quote Originally Posted by mpg View Post
    Dubya wasn't a fiscal conservative. Nixon wasn't any kind of conservative.
    The GOP has never been fiscally conservative, with the possible exception of Bush I, since before Reagan. They talk the talk, but don't walk the walk!
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  4. #234
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    Re: U.S.: In state of denial over taxes?

    Quote Originally Posted by Catawba View Post
    The GOP has never been fiscally conservative, with the possible exception of Bush I, since before Reagan. They talk the talk, but don't walk the walk!
    There's a lot of truth in that, but it's all relative. For the most part, Republicans are more fiscally conservative than Democrats. Even when Republicans increase spending, the Democrats usually want more.
    If you expect people to be rational, you aren't being rational.

  5. #235
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    Re: U.S.: In state of denial over taxes?

    Quote Originally Posted by Catawba View Post
    SS is not an investment program, it is an insurance program that all income earners contribute to that currently has a $2.6 trillion dollar surplus.
    $2.6T surplus? As accumulated in the SS trust fund?
    It doesn't exist. The SSTF is full of IOUs that will be repaid thru borrowing - thus running up the deficits and adding to the debt.

  6. #236
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    Re: U.S.: In state of denial over taxes?

    Quote Originally Posted by American View Post
    It would be interesting to see you blame FDR as much as Bush gets blamed. FICA, payrolls taxes, etc.....all FDR's inventions.
    All I'm saying is that in one post you'll see a Con saying "When does it become Obama's fault?" then a little later, "It's all FDR's fault!"

    How about this: it's now Obama's fault that things haven't improved. He has not done his job. Now let's see if you can admit that the economy was a mess when he took over.


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    This issue has been plowed more times than Paris Hilton.
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    Too bad we have to observe human rights.

  7. #237
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    Re: U.S.: In state of denial over taxes?

    Quote Originally Posted by apdst View Post
    The jobs left when the Libbos took over the government. Remember the 5% unemployment rate, back when we had a government that understood that it couldn't create jobs?
    Please tell me you didn't post that? Please tell me your memory isn't that short? (Re: Unemployment rate from October 2008 per NYTimes.com)

    The American economy lost another 240,000 jobs in October, the government reported Friday, as cash-strapped consumers pulled back and businesses hunkered down, intensifying the distress gripping much of the country.

    The unemployment rate spiked to 6.5 percent from 6.1 percent, the highest level since 1994. Many analysts now expect unemployment will reach 8 percent* by the middle of next year.

    Coupled with revisions to September’s data — which now show a loss of 284,000 jobs, down from an initial estimate of 159,000 — the economy has shed 1.2 million jobs since the beginning of the year. More than half the job losses have been in the last three months.

    “The economy is slipping deeper into a recessionary sinkhole that is getting broader,” said Stuart G. Hoffman, chief economist at PNC Financial Services Group in Pittsburgh. “The layoffs are getting larger, and coming faster. We’re likely to see at least another six months of more jobs reports like this.”
    (Sidenote: It was reporting like the above with generally optimistic tones coming from leading economists that led many including the White House to believe the recession wouldn't be as bad as it turned out to be. So, when I hear folks talking about how the President claimed that "unemployment wouldn't go above 8%", I point to articles like this one to show this is where such optimism came from and it's unfair because nobody, not even the "smartest guys in the room," i.e., [some of] the rich, fat cats among the Wall Street elite, didn't know just how bad things were.)

    Sometimes, we gotta take off our partisan and see reality.

    If we didn't have a government that was hell bent on wealth redistribution, they wouldn't move that money out of the country.
    I'd buy your argument IF American corporations had just started using off-shore tax shelters to hide their money just when Obama came into office. But since it's been happening for decades...

    I mean, really, apdst. Partisan ... take them off, son. Or atleast pull them down along the bridge of your nose so you can see alittle reality.
    Last edited by Objective Voice; 08-02-11 at 11:04 PM.

  8. #238
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    Re: U.S.: In state of denial over taxes?

    Quote Originally Posted by mpg View Post
    There's a lot of truth in that, but it's all relative. For the most part, Republicans are more fiscally conservative than Democrats. Even when Republicans increase spending, the Democrats usually want more.
    Nope, fiscal conservatism is about more than just spending. It includes the other side of the ledger, revenues. And since Carter, the dems have been more fiscally conservative than the repubs have been

    And the repubs since reagan have increased spending faster than the dems have
    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..

  9. #239
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    Re: U.S.: In state of denial over taxes?

    Quote Originally Posted by digsbe View Post
    Personal income taxes in the US are typically lower by average in America. However, the corporate tax rate is extremely high compared to other countries.
    when they pay taxes. do you have a chart showing the multi billion dollar corporations that actually pay this?
    It is better to die on your feet than to live on your knees.
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  10. #240
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    Re: U.S.: In state of denial over taxes?

    Quote Originally Posted by Tigger View Post
    All of which are UNCONSTITUTIONAL. Unfortunately, since 1860 we have not had a Constitutional government here in the United States. We've had a rogue government in Washington DC since the Lincoln administration.
    Wow. Please show me where in the Constitution it is stated that there be in SSI, etc.? The concepts were great when they crafted them, but remember they had plows, could walk out the back door and claim all the land they wanted, had slaves, and created almost everything they needed.

    No comparison to today. Don't get me wrong, it would be fun living off the land chasing elk and bison, but it ain't happening.
    It is better to die on your feet than to live on your knees.
    Emiliano Zapata


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