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Thread: Reid rejects Boehner proposal for $2 trillion in spending cuts

  1. #71
    Sage

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    Re: Reid rejects Boehner proposal for $2 trillion in spending cuts

    democrat budgets have no sides because they don't exist

    it's been two years since the party in power produced an itemized accounting in senate, and according to finance chair baucus there is not likely to be one this year either

    if something isn't done now to fundamentally restructure our big 3 federal social programs (as well as state pensions) they will simply not be there for our next generation

    why can't kent conrad put numbers on paper---the answer to this basic question should tell you the direction negotiations will ultimately fall out

  2. #72
    Professor

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    Re: Reid rejects Boehner proposal for $2 trillion in spending cuts

    Quote Originally Posted by Erod View Post
    Especially the half of the country who doesn't pay taxes, and they only want tax increases on the rich.
    Again... Untrue. Half the country pay their payroll taxes, sales taxes, state and local taxes, property taxes, etc. They didn't pay income tax because there are so many loopholes and ways to avoid it.

    Our view on financing government: When 47% don't pay income tax, it's not healthy for USA - USATODAY.com

    Further, if you'll read the link, the usual number is 38%. The only reason it went up to 47% is because of the recession. Otherwise, about 38% of Americans don't pay federal income tax in any given year. They do, however pays "taxes" in the more general sense of the word.

    What saddens me the most about this debate: we keep focusing on "the top 1% pay 20% of the taxes!"

    But if you look here: The Tax Foundation - Summary of Latest Federal Individual Income Tax Data

    Half the families in the country make less than $33,000.

    That's a pretty sad statement about this nation.

  3. #73
    Sage

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    Re: Reid rejects Boehner proposal for $2 trillion in spending cuts

    Quote Originally Posted by FilmFestGuy View Post
    That's a pretty sad statement about this nation.
    yes

    april 28: One Million Applications, 62,000 Jobs Served At McDonald’s CBS Chicago

    sad

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