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Thread: House Dems to call for expiration of Bush tax rates in debt-limit deal

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    Re: House Dems to call for expiration of Bush tax rates in debt-limit deal

    Quote Originally Posted by donc View Post
    ...allowing the Bush tax rates for the wealthiest to expire at the end of next year would by itself “stop the growth of the deficit over the next decade.”
    This is a lie.

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    Re: House Dems to call for expiration of Bush tax rates in debt-limit deal

    Quote Originally Posted by Gargantuan View Post
    I am a steadfast democrat and a liberal, but I do not want those tax cuts even touched in any way until they get that tax code under control and the 47% of Americans and all of the corporations who pay ZERO dollars in taxes start paying also.
    I think Hell just froze over. I agree with you.

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    Re: House Dems to call for expiration of Bush tax rates in debt-limit deal

    Quote Originally Posted by donc View Post
    The next move will be raising the estate tax to the pre Reagan ara.

    you really are hateful of those who do better than you do?

    guess what happens when the parasites want too much wealth? those parasitized move. and then all the fleas starve



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    Re: House Dems to call for expiration of Bush tax rates in debt-limit deal

    Quote Originally Posted by Gargantuan View Post
    I am a steadfast democrat and a liberal, but I do not want those tax cuts even touched in any way until they get that tax code under control and the 47% of Americans and all of the corporations who pay ZERO dollars in taxes start paying also.


    The 47% that you are referring to only covers fed income tax. CBO data shows that the poorest of the poor (average income of $18,400 in 07 bucks) paid 4% of their incomes in federal taxes. When state and local taxes kick in, you have them paying 12.3 percent of their incomes in state and local taxes.

    The next step up the Ladder, incomes between $20,500 and $34,300 paying 10 percent in federal taxes, when every thing is kicked in this group pays 20.7 percent to the tax man.

    This graph pretty well explains what group pays what.

    The wingers are doing their best to convince you and I that they are carrying the load,the only load that they are carrying is the load in the wallet…all the way to the bank.

    The bottom 20 percent has an income of $10,655 on average, the top 20 percent picked up$160,000.Kinda looks like banana America is the next stop.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: House Dems to call for expiration of Bush tax rates in debt-limit deal

    You do know those are percentages of income and not percentages of what they pay to the total?

    Does it also include income tax refunds in its figures? Because that will flatten a lot of the low income percentages into actual negatives. Anyone care to compare what 3 income tax credits does to a family of three with 2 of them making the bottom end of the ladder Don is talking about? Because Im betting they are getting back somewhere in the neighborhood of $2500 to $6k in taxes back come refund time.

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    Re: House Dems to call for expiration of Bush tax rates in debt-limit deal

    Honestly everyone should face the same tax burden. That's why progressive tax rate is effective and fair. Unless someone is really really dirt poor, as in can't afford food, shelter, and clothing, they should be paying taxes at the same burden as someone earning 40 million a year. And don't tell me that 47% of Americans not paying taxes and the corporations who paid NO taxes are dirt poor.

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    Re: House Dems to call for expiration of Bush tax rates in debt-limit deal

    Quote Originally Posted by PzKfW IVe View Post
    This is a lie.
    Anymore opinions that you would like to share with us?
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: House Dems to call for expiration of Bush tax rates in debt-limit deal

    Quote Originally Posted by TurtleDude View Post
    you really are hateful of those who do better than you do?
    Nah,not hateful to anyone,just want those that made out like bandits the last decade to pay their fair share.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: House Dems to call for expiration of Bush tax rates in debt-limit deal

    Quote Originally Posted by Misterveritis View Post
    I hope they get it. I am eager for the coming revolution.


    Go to the range and shoot at a few more targets…they don’t shot back. Its unlikely that you will get hurt their. Take your earmuffs though, wouldn’t want your delicate hearing damaged.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: House Dems to call for expiration of Bush tax rates in debt-limit deal

    Quote Originally Posted by donc View Post
    Nah,not hateful to anyone,just want those that made out like bandits the last decade to pay their fair share.
    Do you refer to the people who have provided an enormous array of goods and services tht have made your life enjoyable and easy? Those guys? The ones who provided products you, and others wanted to buy? those guys?

    How much is their fair share?
    o 10% of the total amount the government takes from the productive?
    o 20% of the total amount the government takes from the productive?
    o 30% of the total amount the government takes from the productive?
    o 40% of the total amount the government takes from the productive?
    o 100% of the total amount the government takes from the productive?

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