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GOP plan to extend tax cuts for rich adds $36 billion

You can back this up. I am not making a judgment call, only setting the record straight. To state that a person making $50k gross/year pays zero federal taxes is of course absurd (and displays your desire to make things up to suit your ideology).

By the way, what is my ideology? I find it interesting how you seem to care how much someone else pays in taxes or how much someone else makes. If you guessed that my ideology was that you should be able to keep more of what you earn and that keeping more of what you earn makes you less dependent on the govt. then you would be right. You see I don't care how much you make so why should you care how much I or anyone else makes and pays in taxes. Signaling out a particular class to target tax increases at is a violation of the very principles upon which our economy was built, individual wealth creation and guaranteed equal opportunity, not guaranteed equal outcome.
 
From your article:


So you should love Obama for cutting taxes.

How do you cut Federal Income taxes for people who do not pay any Federal Income Taxes or the 16 million unemployed that don't have an income?

Obama tax cuts

Tax cuts

Total: $288 billion

Tax cuts for individuals

Total: $237 billion
• $116 billion: New payroll tax credit of $400 per worker and $800 per couple in 2009 and 2010. Phaseout begins at $75,000 for individuals and $150,000 for joint filers.[29]
• $70 billion: Alternative minimum tax: a one year increase in AMT floor to $70,950 for joint filers for 2009.[29]
• $15 billion: Expansion of child tax credit: A $1,000 credit to more families (even those that do not make enough money to pay income taxes).
• $14 billion: Expanded college credit to provide a $2,500 expanded tax credit for college tuition and related expenses for 2009 and 2010. The credit is phased out for couples making more than $160,000.
• $6.6 billion: Homebuyer credit: $8,000 refundable credit for all homes bought between 1/1/2009 and 12/1/2009 and repayment provision repealed for homes purchased in 2009 and held more than three years. This only applies to first-time homebuyers.[41]
• $4.7 billion: Excluding from taxation the first $2,400 a person receives in unemployment compensation benefits in 2009.
• $4.7 billion: Expanded earned income tax credit to increase the earned income tax credit — which provides money to low income workers — for families with at least three children.
• $4.3 billion: Home energy credit to provide an expanded credit to homeowners who make their homes more energy-efficient in 2009 and 2010. Homeowners could recoup 30 percent of the cost up to $1,500 of numerous projects, such as installing energy-efficient windows, doors, furnaces and air conditioners.
• $1.7 billion: for deduction of sales tax from car purchases, not interest payments phased out for incomes above $250,000.
 
How do you cut Federal Income taxes for people who do not pay any Federal Income Taxes or the 16 million unemployed that don't have an income?

Obama tax cuts

Tax cuts

Total: $288 billion

Tax cuts for individuals

Total: $237 billion
• $116 billion: New payroll tax credit of $400 per worker and $800 per couple in 2009 and 2010. Phaseout begins at $75,000 for individuals and $150,000 for joint filers.[29]
• $70 billion: Alternative minimum tax: a one year increase in AMT floor to $70,950 for joint filers for 2009.[29]
• $15 billion: Expansion of child tax credit: A $1,000 credit to more families (even those that do not make enough money to pay income taxes).
• $14 billion: Expanded college credit to provide a $2,500 expanded tax credit for college tuition and related expenses for 2009 and 2010. The credit is phased out for couples making more than $160,000.
• $6.6 billion: Homebuyer credit: $8,000 refundable credit for all homes bought between 1/1/2009 and 12/1/2009 and repayment provision repealed for homes purchased in 2009 and held more than three years. This only applies to first-time homebuyers.[41]
• $4.7 billion: Excluding from taxation the first $2,400 a person receives in unemployment compensation benefits in 2009.
• $4.7 billion: Expanded earned income tax credit to increase the earned income tax credit — which provides money to low income workers — for families with at least three children.
• $4.3 billion: Home energy credit to provide an expanded credit to homeowners who make their homes more energy-efficient in 2009 and 2010. Homeowners could recoup 30 percent of the cost up to $1,500 of numerous projects, such as installing energy-efficient windows, doors, furnaces and air conditioners.
• $1.7 billion: for deduction of sales tax from car purchases, not interest payments phased out for incomes above $250,000.


So you are against tax cuts now?
 
Not at all, love tax cuts that is why I support full extension of the Bush tax cuts.

And you should applaud Obama for cutting taxes to the middle class:applaud

Also from your article:
In recent years, credits for low- and middle-income families have grown so much that a family of four making as much as $50,000 will owe no federal income tax for 2009, as long as there are two children younger than 17, according to a separate analysis by the consulting firm Deloitte Tax.
 
And you should applaud Obama for cutting taxes to the middle class:applaud

Also from your article:

So a rebate check is a tax cut in your world? Bush cut tax rates, Obama gave a one time tax cut spread over the year.Brilliant liberal economic policy, LOL. Those still working today are benefiting from the Bush tax cuts, not so the Obama cuts.
 
So a rebate check is a tax cut in your world? Bush cut tax rates, Obama gave a one time tax cut spread over the year.Brilliant liberal economic policy, LOL. Those still working today are benefiting from the Bush tax cuts, not so the Obama cuts.

Oh so now you are against tax cuts again....Sure do you wish you would make up your mind if you are for or against tax cuts, :lamo:lamo:lamo
 
Oh so now you are against tax cuts again....Sure do you wish you would make up your mind if you are for or against tax cuts, :lamo:lamo:lamo
keep up the good work!:lamo
 
keep up the good work!:lamo

LOL, liberals sure cheerlead each other a lot. Still waiting for why anyone believes projections that expiration of the Bush tax cuts will generate another 36 billion for the Treasury? Cheerleading false or misleading information is what liberals always do. Must be a cult!
 
LOL, liberals sure cheerlead each other a lot. Still waiting for why anyone believes projections that expiration of the Bush tax cuts will generate another 36 billion for the Treasury? Cheerleading false or misleading information is what liberals always do. Must be a cult!
good afternoon conservative....so which is it, tax cuts good or bad?:mrgreen: make up your mind....:doh
 
You can back this up. I am not making a judgment call, only setting the record straight. To state that a person making $50k gross/year pays zero federal taxes is of course absurd (and displays your desire to make things up to suit your ideology).

they pay ZERO income taxes and INCOME taxes are the taxes currently being discussed in congress and are almost always the taxes that are used as a political football. I thought SS forced contributions were not a tax but a "forced contribution"/ Payroll taxes come from the employer and do not diminish the stated level of compensation for the employee. MC is againt a forced benefit contribution.

Income taxes, on t he other hand, bear absolutely no relationship between what you pay and what you get
 
good afternoon conservative....so which is it, tax cuts good or bad?:mrgreen: make up your mind....:doh

Same question, Randel, where is the proof that expiration of the Bush tax cuts will generate 36 billion to the Treasury and reduce the deficit? You continue to buy what you want to believe and ignore actual results.
 
Same question, Randel, where is the proof that expiration of the Bush tax cuts will generate 36 billion to the Treasury and reduce the deficit? You continue to buy what you want to believe and ignore actual results.
back atcha conservative, make up your mind, tax cuts good or bad?? can't be both ways..
 
So you are against tax cuts now?

I am against tax cuts that are used to buy the votes of people who don't pay enough taxes and vote for tax hikes on the majority of the tax base. The majority of the income tax base does not get much in the way of tax cuts from dems. Tax cuts should go to those paying the most taxes, not the group with the most votes
 
back atcha conservative, make up your mind, tax cuts good or bad?? can't be both ways..

I see I am not going to get an answer from you as usual. This thread is about the GOP plan to extend tax cuts for the rich adds 36 billion to the deficit and there is no proof that expiration of those tax cuts will do that yet you ignore the thread topic. You know my stance on tax cuts. I really don't care how much you make or how much you pay in taxes so why do you care how much the rich make or pay? Those so called Obama tax cuts were actual credits and transfers of payment from the rich to many who don't pay any income taxes. That is redistribution of wealth. How about redistributing yours to those less fortunate than you? Are you paying more than required?
 
I see I am not going to get an answer from you as usual. This thread is about the GOP plan to extend tax cuts for the rich adds 36 billion to the deficit and there is no proof that expiration of those tax cuts will do that yet you ignore the thread topic. You know my stance on tax cuts. I really don't care how much you make or how much you pay in taxes so why do you care how much the rich make or pay? Those so called Obama tax cuts were actual credits and transfers of payment from the rich to many who don't pay any income taxes. That is redistribution of wealth. How about redistributing yours to those less fortunate than you? Are you paying more than required?
do i know your stance on tax cuts? are you sure? you don't seem to know your stance...seems what i'm getting is they are good when a republian does them, as you are of the republican ideology, and bad when a dem does them...good if they are done for the rich, bad if they help the middle/lower class....earlier you were all for tax cuts, more or less calling them the miracle cure all for the economy, that they will stimulate the economy, and create jobs...
 
do i know your stance on tax cuts? are you sure? you don't seem to know your stance...seems what i'm getting is they are good when a republian does them, as you are of the republican ideology, and bad when a dem does them...good if they are done for the rich, bad if they help the middle/lower class....earlier you were all for tax cuts, more or less calling them the miracle cure all for the economy, that they will stimulate the economy, and create jobs...

Tax cuts are great for ALL taxpayers. You seem to think that people that don't pay taxes get a tax cut, they don't, they get welfare payments. You really seem clueless about the economy. Tell me how eliminating the Bush tax cuts for the rich will generate 36 billion dollars to the Treasury and will reduce the deficit? Why do you believe what you are told by this Administration or Congress since not one economic projection has been accurate?
 
Tax cuts are great for ALL taxpayers. You seem to think that people that don't pay taxes get a tax cut, they don't, they get welfare payments. You really seem clueless about the economy. Tell me how eliminating the Bush tax cuts for the rich will generate 36 billion dollars to the Treasury and will reduce the deficit? Why do you believe what you are told by this Administration or Congress since not one economic projection has been accurate?
why do you swallow whole everything that the republican establishment feeds you?
 
why do you swallow whole everything that the republican establishment feeds you?

why do you respond to well made points with such crappy psychobabble?
 
I am against tax cuts that are used to buy the votes of people who don't pay enough taxes and vote for tax hikes on the majority of the tax base. The majority of the income tax base does not get much in the way of tax cuts from dems. Tax cuts should go to those paying the most taxes, not the group with the most votes
We have a democratically elected republic, are you against that? When was the last time you saw a vote on taxes on the federal level? Perhaps a civics course would be some help for you.
 
We have a democratically elected republic, are you against that? When was the last time you saw a vote on taxes on the federal level? Perhaps a civics course would be some help for you.

I am opposed to representation without taxation. I have forgotten more about civics than you will ever know so stow your sanctimonious attitude. The main draw for the poor to vote dem is the promises that the dems will give them more of the wealth of others.
 
I am opposed to representation without taxation. I have forgotten more about civics than you will ever know so stow your sanctimonious attitude. The main draw for the poor to vote dem is the promises that the dems will give them more of the wealth of others.

:lamo:lamo
 
sort of the response I expected but it was your best option

It's always funny when a conservative who says they believe in the Constitution, when actually they don't.
 
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