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White House Tax Plan Would Ask More of Millionaires

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Like far too many you buy what the media tells you. Some of the banks didn't want the money and the big ones have paid back the loans with interest. Where are the counter proposals to take money out of SS and Medicare? Raising taxes on the working class? You mean the 65 million working class that don't pay any FIT?

Are you serious, that bailout was the biggest bank robbery in the country, and nobody went to jail for it.
 
Let me know what civics told you about how our govt. runs. How did Bush alone create the 8 million job losses and what did the Democrat Congress in 2007-2011 do to prevent it? Doesn't speak well of Obama and the Democrats, does it?

You guys always seem to move the bar. The President owns the economy when it's beneficial to your talking point, when it's not it's Congress.
 
Let me know what civics told you about how our govt. runs. How did Bush alone create the 8 million job losses ...
It was his recession. His and Republican policies destroyed the housing markets and credit markets. Blaming Democrats for the failures of Republicans does nothing to aid your argument.


"Thanks to our policies, home ownership in America is at an all-time high." ~ George Bush, 9.2.2004, RNC acceptance speech


... and what did the Democrat Congress in 2007-2011 do to prevent it?
Barney Frank sponsored legislation to add oversight to the GSE's and got it passed in the House.

But seriously, Con, you look pathetic by glossing over all the years Republicans were in charge. By 2007, the damage was done, the housing bubble was already bursting. Too bad for America that Republicans were asleep at the wheel during all those years.


Doesn't speak well of Obama and the Democrats, does it?
What doesn't? That they couldn't stop the runaway Republican express train that derailed?





Hereare snippets from a book of "Impressions & Observations" ofSecretService personnel assigned to guard U.S. Presidents/First Ladies, and Vice Presidents.
Stop hiding, Con ... what's the title of that book?
 
You guys always seem to move the bar. The President owns the economy when it's beneficial to your talking point, when it's not it's Congress.
You're close. Actually, it's blame the nearst Democrat. If the president is Democrat, he gets the blame; if the president is Republican but either chamber of Congress is run by Democrats, then the Congress (only the Democrat Congressmen/women) gets the blame; if the president is Republican and both chambers of the Congress are Republican, then the last Democrat president gets the blame; in extreme cases, Conservatives have been known to blame individual Democrats in Congress even when Democrats are the minority party (like Barney Frank).
 
What as the net job change? you know what net means, don't you? My bet is you are also someone who gets a paycheck and has no idea that your expenses have to come out of it.
That is the net gain.



Hereare snippets from a book of "Impressions & Observations" ofSecretService personnel assigned to guard U.S. Presidents/First Ladies, and Vice Presidents.
Now what's the title of that book?
 
Bush had no authority to bail them or anyone else out, Congress had to authorize the spending. Congress under Democrat control with Obama voting yes, gave Bush the money to bail out the banks. Bush spent 350 billion of the 700 billion and left 350 billion for Obama. Most of the money loaned has been repaid so where did that appear on the budget of the U.S.? Hint, it didn't
Stop the lies. You've been shown how much of TARP was applied to the deficit and it was far less than $700 billion. And the reason it was less than $700 billion was to account for the TARP funds paid back.



Conservative said:
Hereare snippets from a book of "Impressions & Observations" ofSecretService personnel assigned to guard U.S. Presidents/First Ladies, and Vice Presidents.
Why are you so afraid to tell me the title of that book, Conservative? Don't you defend what you post? Or is what you post such BS that you realize it's not worth defending?
 
Are you serious, that bailout was the biggest bank robbery in the country, and nobody went to jail for it.

Is that what you learned in school? Why did Obama vote for it if it was robbery? I doubt seriously if you have a clue about what the TARP program was about and how it was distributed and how it was repaid. Of course you buy what you are told.
 
You guys always seem to move the bar. The President owns the economy when it's beneficial to your talking point, when it's not it's Congress.

Bull****, it is always the President AND Congress, never one without the other. Congress was under control of Democrats from January 2007-January 2011 so whose fault are the results today?
 
It was his recession. His and Republican policies destroyed the housing markets and credit markets. Blaming Democrats for the failures of Republicans does nothing to aid your argument.


"Thanks to our policies, home ownership in America is at an all-time high." ~ George Bush, 9.2.2004, RNC acceptance speech



Barney Frank sponsored legislation to add oversight to the GSE's and got it passed in the House.

But seriously, Con, you look pathetic by glossing over all the years Republicans were in charge. By 2007, the damage was done, the housing bubble was already bursting. Too bad for America that Republicans were asleep at the wheel during all those years.



What doesn't? That they couldn't stop the runaway Republican express train that derailed?






Stop hiding, Con ... what's the title of that book?

Of course it was and will be Bush's fault until Obama is fired and he will be. "Your" President makes Jimmy Carter look good.
 
Is that what you learned in school? Why did Obama vote for it if it was robbery? I doubt seriously if you have a clue about what the TARP program was about and how it was distributed and how it was repaid. Of course you buy what you are told.

I would tell you to research it, but I doubt you would take the time to do that so. If you are interested, watch Capitalism: A True Love Story, you will learn all you ever needed to know about Reagen, the bailout, etc etc.
 
That is the net gain.




Now what's the title of that book?

There was a net gain of a little over 100 thousand in September according to BLS. If you have a problem with BLS, contact them and get the numbers changed. Until you do the rate will be 9.1% unemployment and 16.5% U-6 which means over 25 million still unemployed and under employed. Talking about percentages makes you feel good but think of the 25 million plus unemployed and under employed. Let me know when Bush had 25 million unemployed and under employed? You really are brainwashed.
 
I would tell you to research it, but I doubt you would take the time to do that so. If you are interested, watch Capitalism: A True Love Story, you will learn all you ever needed to know about Reagen, the bailout, etc etc.

I spent 35 years in the business world and ran a huge business. Let me know when you actually get a job? How about learning how to spell the President's name? Makes you look foolish.
 
I spent 35 years in the business world and ran a huge business. Let me know when you actually get a job? How about learning how to spell the President's name? Makes you look foolish.

I wouldn't waste my time learning how to spell that person's name. He was a terrible president and is responsible for the top 1% not paying their fair share. He also dismantled the industry in the United States. Spending 35 years in the business world does not make you the know all see all. I have a job, not one in my field though, thank you for your interest in my well being. Belittling people makes you look foolish.
 
I wouldn't waste my time learning how to spell that person's name. He was a terrible president and is responsible for the top 1% not paying their fair share. He also dismantled the industry in the United States. Spending 35 years in the business world does not make you the know all see all. I have a job, not one in my field though, thank you for your interest in my well being. Belittling people makes you look foolish.

This coming from someone who wasn't born yet. Guess you don't care much about your credibility.
 
This coming from someone who wasn't born yet. Guess you don't care much about your credibility.

It is called researching a subject. BTW, I bet I have a better understanding on it than you because you just swallowed Reagan's (I spelled it right for you) propaganda.
 
It is called researching a subject. BTW, I bet I have a better understanding on it than you because you just swallowed Reagan's (I spelled it right for you) propaganda.

Research only tells you so much unless you get actual data, what were the economic conditions that Reagan inherited? ever hear of the misery index? Any idea what the GDP was? How about employment and unemployment? Does it really matter to you or do you simply want attention to divert from the Obama failures?

It really doesn't matter what Reagan did because you aren't going to believe it since you weren't there. What is surprising is that you don't even believe what is happening today and you are living it. That says a lot about you and your ideology. What is it about liberalism that creates such loyalty? I assure you that if you have an ounce of a brain you will grow out of this. Hope I am around to see it.

By the way how do you swallow propaganda of a time that you actually lived and worked thus it isn't propaganda?
 
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Of course it was and will be Bush's fault until Obama is fired and he will be. "Your" President makes Jimmy Carter look good.
President Obama will gracefully leave office Jan 20, 2017. Get over it Con.
 
President Obama will gracefully leave office Jan 20, 2017. Get over it Con.

Only if the brainwashed and braindead plus the actual dead vote. There is no reason to vote for Obama as his record disqualifies him for a second term.
 
Research only tells you so much unless you get actual data, what were the economic conditions that Reagan inherited? ever hear of the misery index? Any idea what the GDP was? How about employment and unemployment? Does it really matter to you or do you simply want attention to divert from the Obama failures?

It really doesn't matter what Reagan did because you aren't going to believe it since you weren't there. What is surprising is that you don't even believe what is happening today and you are living it. That says a lot about you and your ideology. What is it about liberalism that creates such loyalty? I assure you that if you have an ounce of a brain you will grow out of this. Hope I am around to see it.

By the way how do you swallow propaganda of a time that you actually lived and worked thus it isn't propaganda?
B

Before Reagan the US was a creditor nation.
 
There was a net gain of a little over 100 thousand in September according to BLS.
It's really not my problem that you don't know the difference between payroll data and household survey data.

If you have a problem with BLS, contact them and get the numbers changed.
I would really appreciate it if you could exercise your brain enough to think up your own retorts and stop stealing mine.

Be that as it may, the BLS reported a net gain of 398,000 jobs. Unless they changed that figure because you corrected them, it still stands. Your confusion over payroll data and household survey data notwithstanding.




Conservative said:
Hereare snippets from a book of "Impressions & Observations" ofSecretService personnel assigned to guard U.S. Presidents/First Ladies, and Vice Presidents.
Why are you so afraid to tell me the title of that book, Conservative? Don't you defend what you post? Or is what you post such BS that you realize it's not worth defending?
 
Oh, you want to talk about history but only the history you want to talk about. That's great, man. I love that you think I proved your point, showing your reading comprehension to be lacking. Yes, a progressive tax was proposed to fund the War of 1812 and one was implemented for the Civil War. But there were previous progressive taxes in Europe centuries before (you know, the place that almost every politician in the United States originated from). Not to mention, as I showed, the progressive tax was scrapped after the Civil War and switched to a flat tax. It was years later when the Progressive Tax was reimplemented because, as the politician said, "because none of us here have $4,000 incomes, and somebody else will have to pay the tax."

What exactly would you take his words to mean? You want to talk history, but you only want to talk about one instance of it. That's not history, that's you pointing at one time in history emphatically and expecting others to give a ****.

First, I would like to ask you how you made the excerpts from your references, which I found and read, have blocks around them in the post? If I could do that, it would save us both a ton of time. I tend to not post my entire reference material, because all I know how to do is copy and paste. Guess I'm a noob.

Secondly, the progressive tax was not implemented till later because at the time, we still had a very representative democracy. We had presidents who appointed justices based on real merits, rather than just having another person "on the same team" as themself, as it done today. Some excerpts from the links I posted for Catawba...

"One exception was during the Civil War, when a progressive income tax was first enacted. Interestingly, the tax had a maximum rate of 10 percent, and it was repealed in 1872. As Representative Justin Morrill of Vermont observed, “in this country we neither create nor tolerate any distinction of rank, race, or color, and should not tolerate anything else than entire equality in our taxes.”"

"When Congress passed another income tax in 1894—one that only hit the top 2 percent of wealth holders—the Supreme Court declared it unconstitutional. Stephen Field, a veteran of 30 years on the Court, was outraged that Congress would pass a bill to tax a small voting bloc and exempt the larger group of voters. At age 77, Field not only repudiated Congress’s actions, he also penned a prophecy. A small progressive tax, he predicted, “will be but the stepping stone to others, larger and more sweeping, till our political contests will become a war of the poor against the rich.”"

Wow. He predicted class warfare. Now, it DID eventually pass, because, let's face it, SOMEONE has to pay the bills. And since no one ever seems to bother to explain to our rulers that one shouldn't spend more than they have TO spend, then taxes are always going to have to go up. The power to tax is the power to destroy.

And last, since you are fixated on what happened in Europe in the 14th century, fine, let's go there, shall we? Baring the little ice age, and the black plague, still not very good times for commoners in England. You forget to mention that the 500% tax on these dukes were not paid by the dukes, but by the people who work the duke's lands. Surely you've seen a Robin Hood movie or two? The vassals and lords owed their taxes to the crown, in the form of money and goods, and in order to pay it, they starved their own people. Not exactly a very supportive argument for the benevolence of the progressive taxation system.
 
I spent 35 years in the business world and ran a huge business.
Yet you still don't know the difference between BLS's payroll data from their household survey data or why it's dishonest of you to selectively pick between the two.




Conservative said:
Hereare snippets from a book of "Impressions & Observations" ofSecretService personnel assigned to guard U.S. Presidents/First Ladies, and Vice Presidents.
Why are you so afraid to tell me the title of that book, Conservative? Don't you defend what you post? Or is what you post such BS that you realize it's not worth defending?
 
Oh man. I really want you to back these statements up (especially the one about why it "got through"). Good luck.

"In 1913, almost 20 years later, the ideas of uniform taxation and equal protection of the law for all citizens were overturned when a constitutional amendment permitting a progressive income tax was ratified. Congress first set the top rate at a mere 7 percent—and married couples were only taxed on income over $4,000 (equivalent to $80,000 today). During the tax debate, William Shelton, a Georgian, supported the income tax “because none of us here have $4,000 incomes, and somebody else will have to pay the tax.” As Madison and Field had feared, the seeds of class warfare were sown in the strategy of different rates for different incomes.

It took the politicians less than one generation to hike the tax rates and fulfill Field’s prophecy. Herbert Hoover and Franklin Roosevelt, using the excuses of depression and war, permanently enlarged the income tax. Under Hoover, the top rate was hiked from 24 to 63 percent. Under Roosevelt, the top rate was again raised—first to 79 percent and later to 90 percent. In 1941, in fact, Roosevelt proposed a 99.5 percent marginal rate on all incomes over $100,000. “Why not?” he said when an adviser questioned him."

Again, taken directly from the links I supplied on the subject. And here's the thing...if "no one here has 4,000 dollar incomes", why was congress pending more than they new they could take? Why was that OK? Do you want me to answer that question with another brief explanation of what institutions came into power at that SAME time?
 
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