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Thread: Census shows 1 in 2 people are poor or low-income

  1. #541
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    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by j-mac View Post
    And since all spending originates in congress, that would be Gingrich victory....Good job, are you converting?


    j-amc
    So it was Gingrich's idea to raise the tax rates which increased revenue????
    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: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by Harry Guerrilla View Post
    You know that isn't true.
    Why do you repeat the same nonsense, over and over and over, again?

    I know I've posted links showing this is completely untrue, to you no less.
    Why do you perpetuate this lie?
    Its historical fact Harry. Do you know what the capital gains and inheritance tax rates were prior to 1981???
    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

  3. #543
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    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by Catawba View Post
    So it was Gingrich's idea to raise the tax rates which increased revenue????

    I think you know better than that....Is there no honest liberal?


    j-mac
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    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by j-mac View Post
    I think you know better than that....Is there no honest liberal?


    j-mac
    So it was not Gingrich's idea to increase the revenues which helped reduce the deficit under Clinton. That was my point.
    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: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by Catawba View Post
    So it was not Gingrich's idea to increase the revenues which helped reduce the deficit under Clinton. That was my point.
    Your point is irrelevant, fore my point came first, which you dishonestly chose to twist for your own dishonest purpose.


    Now straighten up young man.


    j-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

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    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by j-mac View Post
    Your point is irrelevant, fore my point came first, which you dishonestly chose to twist for your own dishonest purpose.


    Now straighten up young man.


    j-mac
    LOL! You just can't admit that the only time in the last 30 years we reduced deficit spending significantly was during a Democratic Administration when taxes were raised together with cutting spending, can you?

    You want to know why that is relevant? Because that is the only way possible to reduce such a large deficit.
    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: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by Catawba View Post
    LOL! You just can't admit that the only time in the last 30 years we reduced deficit spending significantly was during a Democratic Administration when taxes were raised together with cutting spending, can you?

    You want to know why that is relevant? Because that is the only way possible to reduce such a large deficit.

    There is no doubt in my mind that raising taxes will in the end be the only course that will pull us out of the criminal, massive infusion of fiat money that this administration has perpetrated on this country. It rivals Wiemar.

    Now, anyone with the most elementary education in how money works in a system like our knows that when you print money in excess of current demand of needed capital is to claw that excess back in to the treasury to get it out of the system in some way. Now that can usually either happen with inflation, or taxation. We are about to see both on a massive scale. Thanks Barry.

    But, in this particular time we also need another component to the mix. Taxation will not achieve this alone. We also need cuts to spending, and I am not talking about baseline decreases that don't slow any spending at all, but real cuts.

    Face it. Progressive utopia has failed on a monumental scale. Generational money down a rat hole for nanny state things that haven't produced one iota of real change in poverty rates, government has failed. Yet what we hear from the liberal side these days is not that it has failed, nooooo, we hear that liberals feel they haven't been allowed to do enough of it yet. Also, that it is by the greed of the prosperous, and those actually producing something for the GDP of America that are at fault by their very existence. How dumb does one have to be to fall for this class warfare crap? It is a tangled web woven by disingenuous progressives that chose to lie to their constituents for instant gratification, and long term enslavement. When the entirety of the public wakes up to this truism, I really feel sorry for liberals.....


    j-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

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  8. #548
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    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by Catawba View Post
    Its historical fact Harry. Do you know what the capital gains and inheritance tax rates were prior to 1981???
    Apparently, you have some hidden historical information, that no one else has.

    Historical Effective Federal Tax Rates for All Households
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
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    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by j-mac View Post
    There is no doubt in my mind that raising taxes will in the end be the only course that will pull us out of the criminal, massive infusion of fiat money that this administration has perpetrated on this country. It rivals Wiemar. Now, anyone with the most elementary education in how money works in a system like our knows that when you print money in excess of current demand of needed capital is to claw that excess back in to the treasury to get it out of the system in some way. Now that can usually either happen with inflation, or taxation. We are about to see both on a massive scale. Thanks Barry.
    If that were the case, wouldn't there high inflation? The inflation rate is historically low.



    But, in this particular time we also need another component to the mix. Taxation will not achieve this alone. We also need cuts to spending, and I am not talking about baseline decreases that don't slow any spending at all, but real cuts.
    Yep, like those in the Clinton Administration, the only real cuts we've had in the past 30 years. I think he cut military spending in half didn't he? And he didn't start any optional unfunded wars either did he? And he increased capital gains tax rate to 20% didn't he?
    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

  10. #550
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    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by Harry Guerrilla View Post
    Apparently, you have some hidden historical information, that no one else has.

    Historical Effective Federal Tax Rates for All Households
    Once again, you exclude capital gains and dividends tax rates. That is where most of the disparity in income results from.



    The Bush Tax Cuts Disproportionately Benefitted the Wealthy | Economic Policy Institute
    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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