Uh oh

In a way, I truly envy those with such a selective memory they are able to let the past slip into irrelevance. For example, those who simply ignore the economic calamity that began in 2007 and went on for eight years. It's like they blame the global economic meltdown and subsequent massive budget shortfalls on president Obama.

How wonderfully simplistic and understandable the world they inhabit. Just ignore the economic disaster like it never happened and find an ideological scapegoat. And, if the facts don't fit the ideology then change the facts. Like Democrats are bad for the economy and have run up all the deficits. Or, that Democrats caused the meltdown all by themselves.

How can one discuss, much less debate, such issues when facts have little value?

 

Tell me something I don't know. This unholy alliance on budgetary issues between neocons and Democrats is killing us. Trump signed of on this latest budgetary debacle because, in my opinion, he didn't believe he could get anything better. Given this particular set of mugwumps sclerotic fossils and jackasses that assessment is likely dead on.

You are never going to balance the budget by raising taxes. Raising much beyond 35 to 40 significantly slows economic growth. Not to mention wich if you add in state and local taxes, more than a few states are still there even after the tax cuts.

I'm still pissed that our supposedly Republican congress opted to fund damn near every left wing advocacy group in the country at tax payer expense.

 

Good job, You just did exactly what you complained about others doing.

 

History proves you wrong. Check out the 90s

 

He could have vetoed it. If he veto was overturned, he could rightfully point the finger at Congress as the problem. Now, he's a signatory to putting our nation more in debt than it can afford to pay.

 

Than it can afford to pay.

Not true. We can afford it...but we're getting closer to a point where we can't

 

Only $3000?

Man! You're in trouble!

 

I would say they shouldn't do that.

I know that wingnut radio paints a very "comfy" picture of what "a liberal would say" in any circumstance. The purpose of which is to avoid having to respond to what the "liberal" would really say. Make a mental note for yourself: they are always wrong!

No! Stop repeating idiotic right-wingnut talking points and use your own brain instead: That would mean everybody else would be under the poverty line. Do the numbers! Thinking for yourself won't hurt!

 

Oh... looks like my statement doesn't comply with to your pre-established dogma as dictated by the holy wingnut radio

To an honest person (Democrat or not), the deficit and the national debt is not a political issue. They are Economy issues. And if you took a few minutes away from your 24/7 wingnut media immersion to listen to economists you would learn that there are times when the deficit and national debt are one of the most important issues to consider when implementing policy, and there are times when they are not.

I'm not particularly a Hillary or Clinton fan, but I do recall that the right also doubted it would be lowered under Bill. But, if Hillary had been elected, I suspect it wouldn't have been increased needlessly just to give tax breaks to the richest. We will never know for sure, though...

Yeah.. and then they give Republicans power and that's when they realize they should have thought it through a bit more.carefully.

 

We elected a business man not a politician. He wouldn't see it in those terms. Nor do I He was handed a fait accompli and had the good sense and grace to to realize it and not risk jacking with people's lives over what would have been a largely empty political gesture.

 

Yes and we know exactly when those time are. Anytime a Republican is president...

 

Again You don't know what you are talking about. The tax increase had nothing to do with the balancing the budget. What did it was the Gingrich coalition holding spending increases to less than the rate of economic growth and the Clinton tax increase was essentially minimal at the top.

 

Oddly Republicans told us they were the biggest tax increases in history.

And that they were going to absolutely KILL the economy and lower GDP growth.

All of that turned out to be bullshit.

We balanced the budget and the economy soared

20 million jobs created in 8 years

 

Yet another example of how the Republican Party is now fine with running up the deficit. The one thing they (incorrectly) accused Democrats of wanting to do. And which, BTW, they (their leadership) have been fine with for years. It's just that now they are coming out of the closet.

Why run against Trump when the GOP is now it's own worst political enemy?

I hope Conservatives are taking notes....

 

May

I suggest remedial math? Or perhaps critical thinking 101, or some logic study?

 

The individual income tax is designed to be progressive – those with higher incomes pay at higher rates. A Pew Research Center analysis of IRS data from 2015, the most recent available, shows that taxpayers with incomes of $200,000 or more paid well over half (58.8%) of federal income taxes, though they accounted for only 4.5% of all returns filed (6.8% of all taxable returns).

http://www.pewresearch.org/fact-tan...ok-at-who-does-and-doesnt-pay-u-s-income-tax/

I don't think you need remedial math, just better information.

 

And Trump and the GOP have thrown out sequestration and are returning us to one trillion dollar deficits. It's happening right under your nose, but you don't say a single word about it.

You pseudocons just throw up smoke and red herrings and tu quoques and straw men.

You REEK of hypocrisy.

Trump has nothing to show for his spending but accelerating deficits, and skyrocketing health care costs. So much for his promise to you rubes that you would have "such great health care at a tiny fraction of the cost, and it will be so easy!"

You were massively hoaxed, and you STILL haven't caught on.

 

You better save every penny of that money. You are going to need it to pay for the exploding costs of TrumpCare.

Also, every penny of the tax cut was stolen from your kids and grandkids. You must be so proud.

 

Bullshit.

Utter bullshit.

In February, Trump signed a bill eliminating the debt ceiling, allowing unlimited borrowing.

 

Sounds like you are confirming the original statement, which is general says that the people at the top carry the vast part of the burden.
That is what I said, although I was quoting a different bracket than you are here.
Pew seems to provide comprehensive numbers- but so does the IRS.

Perhaps you have seen the article I'm adding below- it's one of the best analogies I’ve ever seen to explain the downfall of Socialist taxation policies.

Suppose that every day, ten men go out for beer and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes,it would go something like this:


The first four men (the poorest) would pay nothing.
The fifth would pay $1.
The sixth would pay $3.
The seventh would pay $7.
The eighth would pay $12.
The ninth would pay $18.
The tenth man (the richest) would pay $59.


So, that’s what they decided to do.


The ten men drank in the bar every day and seemed quite happy with the arrangement, until one day, the owner threw them a curve. ‘Since you are all such good customers,’ he said, ‘I’m going to reduce the cost of your daily beer by $20.’ Drinks for the ten now cost just $80.


The group still wanted to pay their bill the way we pay our taxes so the first four men were unaffected. They would still drink for free.


But what about the other six men – the paying customers? How could they divide the $20 windfall so that everyone would get his ‘fair share?’


They realized that $20 divided by six is $3.33. But if they subtracted that from everybody’s share, then the fifth man and the sixth man would each end up being paid to drink his beer. So, the bar owner suggested that it would be fair to reduce each man’s bill by roughly the same amount, and he proceeded to work out the amounts each should pay.


And so:
The fifth man, like the first four, now paid nothing (100%savings).
The sixth now paid $2 instead of $3 (33%savings).
The seventh now paid $5 instead of $7 (28%savings).
The eighth now paid $9 instead of $12 (25% savings).
The ninth now paid $14 instead of $18 (22% savings).
The tenth now paid $49 instead of $59 (16% savings).


Each of the six was better off than before. And the first four continued to drink for free. But once outside the restaurant, the men began to compare their savings.
‘I only got a dollar out of the $20,’ declared the sixth man. He pointed to the tenth man, ‘but he got $10!’
‘Yeah, that’s right,’ exclaimed the fifth man. ‘I only saved a dollar, too. It’s unfair that he got ten times more than I got!’
‘That’s true!!’ shouted the seventh man. ‘Why should he get $10 back when I got only two? The wealthy get all the breaks!’
‘Wait a minute,’ yelled the first four men in unison. ‘We didn’t get anything at all. The system exploits the poor!’


So the nine men surrounded the tenth and beat him up.


The next night the tenth man didn’t show up for drinks so the nine sat down and had beers without him. But when it came time to pay the bill, they discovered something important. They didn’t have enough money between all of them for even half of the bill!

And that, ladies and gentlemen, journalists and college professors, is how our tax system works!!


The people who pay the highest taxes get the most benefit from a tax reduction. Tax them too much, attack them for being wealthy, and they just may not show up anymore. In fact, they might start drinking overseas where the atmosphere is somewhat friendlier.

 

The point of my post wasn't to dispute that, only the comment suggesting 90% of the burden is carried by the top 10%. If you didn't make that comment my apologies.

 

Meh, another one that thinks my money belongs to the government and probably expects to mooch off government.

 

Lefties and their math skills make laugh and laugh and laugh

Lemme know when President Trump adds a trillion a year like your lord and savior did. And to be factual 500 billion a year was celebrated by the sill ass left

 

Lemme cut and paste that for the next Lesh "I'm angry because the new tax schedule hurt my pocket book" thread

 

And you consider yourself and your party the party for the poor and left behind