11:57 am March 1, 2013, by Jay
The myth:
“The revenue issue is now closed…. You’re talking about how much — you’re asking a question, how much more money do we want to steal from the American people to fund more government? I’m for no more.”
– House Speaker John Boehner, Feb. 28, 2013
The reality:
Share of income paid in total federal taxes, 1979-2009, by income group

Source: Tax Policy Center, http://www.taxpolicycenter.org/taxfacts/displayafact.cfm?Docid=456
The American people are being sold a story that is simply, factually untrue. These are the most recent data available, indicating that every single income group is paying less of their income in taxes than at any point in the last 30 years.
– Jay Bookman
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505 comments Add your comment
HDB
March 1st, 2013
11:59 am
Wonder will people actually know that government spending has also decreased over the past four years as compared to the past 30?? People are unwilling to learn the truth for themselves………….
getalife
March 1st, 2013
12:00 pm
“The American people are being sold a story that is simply, factually untrue.”
We expect that from the gop.
They have not changed and are self destructing.
Jm
March 1st, 2013
12:03 pm
A. Why does it stop in 2009? Might want to go get the 2010 and 2011 data.
B. You should probably do a pro-forma now that we have a 40% tax rate on the top income bracket. That data set will look very different after.
C. As always, you guys don’t separate out income taxes from Social Security and Medicare taxes. Those last two taxes pay for services received. If you strip those taxes out, for which a benefit (actually in excess of taxes paid) is received, then the picture looks very different.
http://taxfoundation.org/article/top-quintile-now-pays-94-income-taxes
In fact, the top quintile pay over 90% of income taxes.
There are lies, damn lies, and jaystistics.
JohnnyReb
March 1st, 2013
12:07 pm
What a spin, Jay. Who you trying to fool, excuse me, win over? The Moonbat regulars here already bought in hook, line, and sinker.
Income means nothing. How about adjusted gross income? Or, should all those “investments” your party wants to make be shuffled aside?
Jm
March 1st, 2013
12:08 pm
Jay, furthermore, the key point Republicans make that liberals ignore is this: the tax code is grossly unfair, absurd, and impossibly to comply with due to its complexity.
Republicans are advocating for a simpler, fairer, and ultimately lower rate tax code.
The dude who owns a bunch of show horses and yachts should pay as much in taxes as the Sam Waltons of the world who don’t blow all their dough on tax sheltered “investments”, which are really just lifestyle expenses.
Let capitalism thrive America, and we will all prosper. But first we have to wait out the end of the current occupant of the White House.
Brosephus™ -What is your major malfunction, numbnuts?
March 1st, 2013
12:09 pm
Didn’t take long for the water carriers and Mayflower Van drivers to start trying to move things around.
JohnnyReb
March 1st, 2013
12:10 pm
One more thing –
My taxes just went up about 11%.
I totally don’t agree with the way Obama wants to use it.
He does not want and will not use it to pay down the debt. No, all he knows is spend, spend, spend. Give, give, give away.
Regnad Kcin
March 1st, 2013
12:11 pm
But, but, but, but, but…
Did sombody leave their motorboat running?
Jm
March 1st, 2013
12:11 pm
impossibly = impossible
happy Friday
Brosephus™ -What is your major malfunction, numbnuts?
March 1st, 2013
12:12 pm
Republicans are advocating for a simpler, fairer, and ultimately lower rate tax code.
Jay’s chart shows that the share of taxes people are paying by income group is dropping. Is that NOT what the GOP strives for?
Hell, y’all conservatives should be shouting for joy, but I guess the reality of low taxes also includes the reality of soaring debt. Mofo’s can’t stop spending, and can’t control the growth of spending. As the population increases and technology advances, so will the costs of government. Anybody who thinks they can shrink spending in the long run is a fool.
Jm
March 1st, 2013
12:12 pm
“Didn’t take long for the water carriers and Mayflower Van drivers to start trying to move things around.”
Goalpost mover in chief occupies 1600 Penn Ave.
getalife
March 1st, 2013
12:13 pm
The gop are job killers so they want to kill thousands of more jobs and cut more pay.
cons call that winning to prove they are out of touch with reality.
I do enjoy watching the gop self destruct but hate that the American people have to pay for their ignorance.
It is time to end the gop party.
What good are they for the American people.
larry
March 1st, 2013
12:13 pm
Closing loopholes to raise revenue, i think that is what the president is proposing.
Funny, didnt Mitt Romney want to do the same thing and didnt most of the Republicans vote for him.
I guess its who is doing the proposing
Meanwhile, all of us who work for private companies who have government contracts have a meeting on Monday. I dont expect it to be pretty. Thanks, Mr. Boehner.
F. Sinkwich
March 1st, 2013
12:13 pm
Jay must have just gotten off his DNC conference call:
“Senate Majority Leader Harry Reid (D-Nev.) said Thursday that the news media have an “obligation” to report that the Republicans are “unwilling to do what the American people want done” on looming automatic, across-the-board budget cuts.”
Which, of course, is raise taxes! So good soldier Jay trots out a chart demonstrating conclusively, undeniably, that all of us are under taxed.
Good job, Jay.
Jm
March 1st, 2013
12:13 pm
Bro. What the economic ignorants of the world fail to understand is there are significant differences between the impact of marginal tax rates and effective tax rates.
Marginal tax rates is how people make decisions.
Keep Up--Borderline Civility Fighter
March 1st, 2013
12:15 pm
I was hoping that Jay’s new blog system would block posting from GOP Narnia but obviously our conned are still living their fact-challenged myths.
barking frog
March 1st, 2013
12:16 pm
Now that taxes on the wealthy have been returned to
the Clinton rates we should raise taxes on the wealthy
to the Obama rates and, as Obama just said, cut entitlements.
This will allow the saving of Medicare once again.
ZoSo
March 1st, 2013
12:16 pm
Jour-no-lism
Keep Up--Borderline Civility Fighter
March 1st, 2013
12:17 pm
Marginal tax rates is how people make decisions
Well then, should be no problem closing the gap between the effective rate and the marginal rate since this is what is used for decision making anyway.
larry
March 1st, 2013
12:17 pm
Lets go ask the good people of Great Britan how austerity cuts and only austerity cuts are working.
Huh? They’re in another recession.
Oh. So certainly that will work here right?
Woodstock Mike
March 1st, 2013
12:18 pm
It’s so sad to see for the first time in America we have a president that could care less about the hard working Americans that actually drive this country. Business owners who employ Americans, the successful Americans that worked their way to the top. All you ever hear from him is middle class Americans are his priority. Over and over again. His interpretation of a middle class family is also so out of touch with reality. It’s a shame he never thanks the people who drive the economy, who continue to fight even though their own president is against them. Only demonizes them. And it’s working. Low income Americans hate successful people in America more than any time in our country. Bill Clinton didn’t do it this way. This president could be great but the strategy of making low information Americans believe successful people don’t deserve what they have is terrible.
ByteMe - Got ilk?
March 1st, 2013
12:18 pm
It’s “Reality” vs. “Republican”….
Reality Loses!!!
Kamchak ~ Thug from the Steppes
March 1st, 2013
12:19 pm
Just goes to show that the faithful will argue with a chart.
Too funny
Jay
March 1st, 2013
12:19 pm
“Jay must have just gotten off his DNC conference call…”
That’s a pathetic little dodge to let you avoid having to deal with facts and reality, Sinkwich.
DEM
March 1st, 2013
12:19 pm
“These are the most recent data available, indicating that every single income group is paying less of their income in taxes than at any point in the last 30 years.”
Uh, not exactly, at least not until you account for changes in the definition of income over these years under IRS regs.
Brosephus™ -What is your major malfunction, numbnuts?
March 1st, 2013
12:19 pm
What the economic ignorants of the world fail to understand is there are significant differences between the impact of marginal tax rates and effective tax rates.
Marginal tax rates is how people make decisions.
Well, why not remove all those loopholes and make the EFFECTIVE tax rates equal the marginal rates? Marginal rates don’t mean jack sh*t and I think GE, Mitt Romney, and many of those who take full advantage of every single tax deduction, shelter, and loophole shows that.
Mick
March 1st, 2013
12:20 pm
Stiglitz, krugman, and many other esteemed economists tell us that while the deficit is a problem, it is not the #1 issue right now – unemployment is! I agree, this deficit pr hype is driven by billionaire pete peterson and why is that? They are not satisfied with what they have, no, they want it all. More jobs, less deficit. I mean really do not people carry a mortgage on their house with 30 years to pay it off? All of the deficit garbage as soon as obama walks thru the door – the people reject republican obstruction, the election proved it…
Aquagirl
March 1st, 2013
12:21 pm
I totally don’t agree with the way Obama wants to use it.
Oh, boo-hoo, you can’t run the country without being elected. UNFAIR!!!!!
This is why I don’t pay one iota of attention to Tea Potty types, they’re all upset because they have to live in a Republic and can’t get their way like dictators. They actually have to live with a consensus.
ByteMe - Got ilk?
March 1st, 2013
12:21 pm
Marginal tax rates is how people make decisions
Really? I haven’t thought about mine in years.
Fred ™
March 1st, 2013
12:21 pm
ZoSo
March 1st, 2013
12:16 pm
Jour-no-lism
+++++++++++++++++++++++
Oh Pin Yun Column
Dummy. Learn to read.
ZoSo
March 1st, 2013
12:22 pm
Kiss it Fred
Fred ™
March 1st, 2013
12:23 pm
What type of business do you own Woodstock Mike?
Paul
March 1st, 2013
12:23 pm
First three posts say it all-
I love data.
Jm
You might want to go to the Tax Policy Center website and read about the impact of SS and Medicare in those calculations.
“In fact, the top quintile pay over 90% of income taxes. ”
So are you saying the top 20% of households should pay 20% of income taxes?
Fred ™
March 1st, 2013
12:23 pm
Oh my the mystery meat alt is mad for having yet another irrelevant “point” blasted to smithereens.
Jefferson
March 1st, 2013
12:24 pm
Your fair share, Reb. You got your fair share of the income too I guess.
stands for decibels - Private Pyle has a full magazine that is locked and loaded
March 1st, 2013
12:24 pm
so they want to kill thousands of more jobs and cut more pay.
Well, basically they want more people chasing fewer jobs, but yeah, same thing basically.
Oh, and jm, the uppers pay more nowadays because they OWN and EARN more. As has been pointed out to you over and over again, and will continue to be, so long as you trot out those same WSJ talking points.
Woodstock Mike
March 1st, 2013
12:24 pm
How about this reality Jay? But hey, we are in a recovery, right? And none of this has anything to do with Obama, correct?
“Americans saw their income drop so dramatically in January that it marked the deepest one-month decline in 20 years.
Personal income decreased by $505.5 billion in January, or 3.6%, compared to December (on a seasonally adjusted and annualized basis). That’s the most dramatic decline since January 1993, according to the Commerce Department.”
keith
March 1st, 2013
12:24 pm
bookman/liberal approved leadership: Detroit faces a $327 million budget deficit, more than $14 billion in long-term debt and persistent cash flow issues.
Mick
March 1st, 2013
12:24 pm
woodstock
That is a crock, one thing about americans is that we want to make money and if someone is successful – more power to them! However, if the game is rigged for the wealthy, regarding taxes, then something has to give…
Finn McCool (The System isn't Broken; It's Fixed)
March 1st, 2013
12:25 pm
What’s wrong with letting the bridges collapse? Letting the poop run in the streets?
We want a first rate country? What’s wrong with our 4th rate country?
Peadawg
March 1st, 2013
12:25 pm
“demonstrating conclusively, undeniably, that all of us are under taxed”
Glad you agree!
td
March 1st, 2013
12:25 pm
Jay,
Could you please also post a table that shows the amount of revenue received by the Federal government since 1970? These numbers would make for a nice comparison.
Jeffrey
March 1st, 2013
12:25 pm
Wow just saw boehner on CNN Is it possible to do a recall on some of the house seats that just got elected? I bet there is enough buyers remorse with some of the yahoos that you could probably remove a few of these anti tax nut jobs.
ZoSo
March 1st, 2013
12:26 pm
For you Fred
JournoList (sometimes referred to as the J-List)[1] was a private Google Groups forum for discussing politics and the news media with 400 “left-leaning”[2] journalists, academics and others. Ezra Klein created the online forum in February 2007 while blogging at The American Prospect and shut it down on June 25, 2010 amid public exposure and controversy. He controlled the forum’s membership and limited it to “several hundred left-leaning bloggers, political reporters, magazine writers, policy wonks and academics”.[2] Posts within JournoList were intended only be made and read by its members.[3] Klein defended the forum structure saying that it ensures “that folks feel safe giving off-the-cuff analysis and instant reactions”.[2]
Woodstock Mike
March 1st, 2013
12:26 pm
Hi Mick,
That is where you need to do some research. No game is rigged for anyone. For instance, I come from a middle class family and have worked my way to become wealthy. Just got up every single day for the last 15 years and busted my butt. Now I am wealthy. Is that rigged?
Paul
March 1st, 2013
12:26 pm
It’s so usual, but still so amazing.
Not ONE single on-point response comparing the data with the Republican assertion that we’re taxed to death, that this soshulist prezident has raised taxes to unheard of levels in pursuit of his evil agenda.
Brosephus™ -What is your major malfunction, numbnuts?
March 1st, 2013
12:26 pm
Byte Me: Really? I haven’t thought about mine in years.
That’s because you don’t have to make decisions as a member of the Moocher Society of America.
Voter
March 1st, 2013
12:27 pm
Question for Jay Bookman and others. is the Federal Wage Tax, (the table shown above), the only taxes the Federal Government taxes the American people on? Isn’t there others like Alcohol, Cigarettes, Gasoline, Capital Gains, etc.?
Jefferson
March 1st, 2013
12:27 pm
Pat your self on the back Mike, you are full.
Woodstock Mike
March 1st, 2013
12:27 pm
Jeffrey,
What do you think tax rates should be?
Kamchak ~ Thug from the Steppes
March 1st, 2013
12:28 pm
INCOMES DROP MOST IN 20 YEARS…
Top left column drudgey spam.
Puppy piddle in 3…2…1….
keith
March 1st, 2013
12:29 pm
didnt obama promise the stimulus would fix all those infrastructure problems? remember his shovel ready jobs? now here he goes again and the ignorant fools on the left are groveling all over him. geez jay will you EVER learn?
Fred ™
March 1st, 2013
12:29 pm
WOODSTOCK MIKE? Can I deduct from your silence that in fact you DON’T own a business and as such really haven’t a clue as to what problems face a business owner small OR large?
JohnnyReb
March 1st, 2013
12:29 pm
Here’s reality – http://www.kiplinger.com/article/taxes/T054-C000-S001-where-do-you-rank-as-a-taxpayer.html
It’s on Adjusted Gross Income – AGI, and this was through 2010. The Top group will now pay even more than this.
Top 1% make 19% of all income and pay 37% of all income taxes
Top 5% make 34% of all income and pay 59% of all income taxes
Top 10% make 45% of all income and pay 71% of all income taxes
Top 25% make 68% of all income and pay 87% of all income taxes
Top 50% make 88% of all income and pay 98% of all income taxes
Bottom 50% make 12% of all income and pay 2% of all income taxes
And, the Left’s answer – tax the high income people more. Just how idioitc and selfishess.
ByteMe - Got ilk?
March 1st, 2013
12:30 pm
is the Federal Wage Tax, (the table shown above), the only taxes the Federal Government taxes the American people on? Isn’t there others like Alcohol, Cigarettes, Gasoline, Capital Gains, etc.?
Excise taxes are shown if you go to the link at the bottom of the chart Jay posted. Shows that the lower quintiles pay a higher excise tax rate than the higher quintiles (2-3 times higher).
Mick
March 1st, 2013
12:30 pm
woodstock
Congrats on your success, stop whining about your taxes. The more you make, the more they should take. Before you cry punishing success, what would you rather – make 500k at a higher tax rate or not make 500k at all? It’s a fairness issue and nobody wants to take it all. I applaud your success again…
Dang!
March 1st, 2013
12:30 pm
What is glaringly obvious is that the bottom three quintiles’ share has gone from 41% to 19%. The top four have gone from 63% to 35%. The top quintile is roughly the same as 1983. The question then is who is not paying this famous fair share we all hear about? Any objective observer would have to say that if there is a revenue problem, it’s because of the bottom 80%
Woodstock Mike
March 1st, 2013
12:31 pm
If we know that Americans have seen their biggest drop in income in almost 20 years how do you think taxing rich people more will make incomes rise?
Jefferson
March 1st, 2013
12:31 pm
I think tax rates should be what they were when President Clinton left office, maybe higher until the interest payments stop.
keith
March 1st, 2013
12:31 pm
jay, its 2013, not 2009. update yourself.
Brosephus™ -What is your major malfunction, numbnuts?
March 1st, 2013
12:31 pm
dB @ 12:24
Well, when your transmission is stuck on stupid, you keep repeating yourself.
————–
Paul @ 12:26
I’d have to add what I stated earlier to your post. Seems as though the GOP/Conservative people would be happy that their 30-40 year quest for people to “keep more of their own money instead of giving it to the government” has been so very successful. Almost half of America legally have no fed income tax liability, which means they get to keep more of their money. Corporations are seeing more and more tax returns with zero liability as well. For some odd reason, they don’t want to recognize the overwhelming success of their efforts. I wonder why?
Paul
March 1st, 2013
12:31 pm
td
Here.
http://www.whitehouse.gov/omb/budget/Historicals
Table 1.3
You will note receipts under Obama are less, in constant dollars, than it was under Bush.
Marty Huggins'
March 1st, 2013
12:32 pm
Seems we need to revisit the tax rate of everyone.
Not just the wealthiest Americans.
Look at the graph everyone has seen their tax rate drop by at least 6% point.
While the bottom 3 have all seen a more than 7% drop.
All while the wealthiest have seen their rate drop by less than 4%
With that information why is it the wealthiest who’s rates we discuss.
Any politicians on either side proposing raising everyone’s tax rates.
ByteMe - Got ilk?
March 1st, 2013
12:32 pm
Bottom 50% make 12% of all income and pay 2% of all income taxes
Also reality: bottom 50% own the same amount of assets as the top 400 families. That’s 170 million vs. 400. It’s idiotic to think that this level of inequality is how you sustain a stable society.
Peadawg
March 1st, 2013
12:32 pm
“tax the high income people more”
As opposed to what, tax the poor more? THAT’LL work! /sarc
Golden Boy
March 1st, 2013
12:32 pm
Jay
Go back and review JFK’s tax cut of 1963 and look at the effect on revenue. It increased when rates were reduced. This was what Reagan based his tax cut of 1981 on. So follow your party’s “Golden Boy” and help us balance the budget
AnotherCheerleaderInMedia
March 1st, 2013
12:32 pm
Jay, you have got to be kidding me? The reality is that our federal govt. has a massive spending problem and our country is going broke. I spent time in Spain recently, their unemployment is up over 26%. That is what socialist entitlement spending does to a nation and it’s economy.
What I want to know is, how can you sleep at night knowing you’re carrying water for this incredibly incompetent and now we find out, outright liar. At least guys like Woodward, Lanny David, and Fournier have the journalistic integrity to call out Obama and his admin on their lies and intimidation of reporters. You should be ashamed.
keith
March 1st, 2013
12:32 pm
I think tax rates should be what they were when President Clinton left office, maybe higher until the interest payments stop. – See more at: http://blogs.ajc.com/jay-bookman-blog/2013/03/01/when-the-gops-tax-myth-collides-with-reality/?cp=1#comment-1248044
welfare payments, food stamps etc should STOP until the debt is paid off.
Woodstock Mike
March 1st, 2013
12:32 pm
Mick,
Again, you are blinded by your politics. I have no issue at all with my taxes. I paid around 150K in federal income tax alone for 2012. I feel like that is my fair share. What are your thoughts? I haven’t complained once about my tax rate. Wake up man, quit making things up.
Jefferson
March 1st, 2013
12:32 pm
It not what you pay that matters, it what you have left that matters and how much sweat it took to get it. Sweat ain’t equal either.
Brosephus™ -What is your major malfunction, numbnuts?
March 1st, 2013
12:33 pm
Any objective observer would have to say that if there is a revenue problem, it’s because of the bottom 80%
Any objective observer would say that the GOP has been quite successful at helping people keep more of their money, but it sounds as though you want to raise taxes on people.
MANGLER
March 1st, 2013
12:34 pm
It would be a lot easier if it simply read the same number across that board. But nooo … can’t do that. Poor people would still be poor and wealthy people would still be wealthy and taxes would be easier to understand. Can’t have that.
stands for decibels - Private Pyle has a full magazine that is locked and loaded
March 1st, 2013
12:34 pm
I think tax rates should be what they were when President Clinton left office, maybe higher until the interest payments stop.
How about until J-Reb stops crying about having to pay for them Union troops he imagines are still stationed outside his plantation?
ByteMe - Got ilk?
March 1st, 2013
12:34 pm
All while the wealthiest have seen their rate drop by less than 4%
You do understand that the graph shows quintiles, which are blocks of 20% of the population and that there’s a HUGE difference in tax rates between the top 5% and the top 0.1%, right?
F. Sinkwich
March 1st, 2013
12:35 pm
“That’s a pathetic little dodge to let you avoid having to deal with facts and reality, Sinkwich.”
Actually, Jay, I thought it was pretty good. But I’ll work on it.
Finn McCool (The System isn't Broken; It's Fixed)
March 1st, 2013
12:35 pm
Johnny Reb wants the poorest people – those struggling to put food on their table and feed their kids – to pay more in taxes. Just don’t ask the “haves” to contribute more, right?
Johnny Reb is the Sheriff of Nottingham in the Robin Hood story.
JohnnyReb
March 1st, 2013
12:35 pm
ByteMe – our Country is based on equal opportunity, not equal outcome.
That’s Obama’s objective, to rob peter, give to paul, so outcome if more even. And, make no mistake, it is robbery.
Granny Godzilla
March 1st, 2013
12:35 pm
Happy 100th Birthday, Big Oil Tax Breaks
td
March 1st, 2013
12:35 pm
Revenue As Percent Of GDP
Fiscal Years 1900 to 2010Year GDP-US
$ billion nominal Population-US
million Total Direct Revenue -total
percent GDP
1900 20.567 76.212 7.89 i
1901 22.269 77.680 7.62 i
1902 24.062 79.176 7.04 a
1903 25.93 80.701 6.82 i
1904 25.681 82.255 7.09 i
1905 28.788 83.839 6.62 i
1906 31.037 85.453 6.62 i
1907 33.851 87.099 6.60 i
1908 30.133 88.776 7.47 i
1909 32.229 90.486 7.31 i
1910 33.423 92.229 7.66 i
1911 34.343 93.523 7.89 i
1912 37.384 94.836 7.55 i
1913 39.14 96.167 7.61 a
1914 36.479 97.516 8.68 i
1915 38.675 98.885 8.56 i
1916 49.638 100.273 7.31 i
1917 59.702 101.680 7.13 i
1918 75.835 103.107 9.77 i
1919 78.333 104.554 12.03 i
1920 88.393 106.022 13.02 i
1921 73.603 107.626 14.61 i
1922 73.432 109.254 12.69 a
1923 85.414 110.908 11.46 i
1924 86.947 112.586 11.85 i
1925 90.575 114.290 11.68 i
1926 96.949 116.019 11.69 i
1927 95.544 117.775 12.78 a
1928 97.365 119.557 13.10 i
1929 103.6 121.366 12.99 i
1930 91.2 123.203 14.77 i
1931 76.5 124.071 16.48 i
1932 58.7 124.945 17.53 a
1933 56.4 125.825 19.14 i
1934 66 126.712 17.12 a
1935 73.3 127.605 16.98 i
1936 83.8 128.504 16.21 a
1937 91.9 129.410 16.90 i
1938 86.1 130.321 20.31 a
1939 92.2 131.240 19.14 i
1940 101.4 132.165 17.56 a
1941 126.7 133.966 16.56 i
1942 161.9 135.792 17.51 a
1943 198.6 137.643 20.19 i
1944 219.8 139.519 29.47 a
1945 223 141.421 30.24 i
1946 222.2 143.349 27.69 a
1947 244.1 145.303 25.43 i
1948 269.1 147.283 24.90 a
1949 267.2 149.291 24.55 i
1950 293.7 151.326 22.70 a
1951 339.3 153.917 24.32 i
1952 358.3 156.552 27.98 a
1953 379.3 159.232 27.62 a
1954 380.4 161.958 28.46 a
1955 414.7 164.731 25.66 a
1956 437.4 167.551 27.35 a
1957 461.1 170.420 28.01 a
1958 467.2 173.337 27.91 a
1959 506.6 176.305 26.26 a
1960 526.4 179.323 29.08 a
1961 544.8 181.588 29.14 a
1962 585.7 183.881 27.54 a
1963 617.8 186.204 27.89 a
1964 663.6 188.555 27.74 a
1965 719.1 190.937 26.92 a
1966 787.7 193.348 27.34 a
1967 832.4 195.790 28.84 a
1968 909.8 198.263 27.85 a
1969 984.4 200.766 30.46 a
1970 1038.3 203.302 30.92 a
1971 1126.8 205.515 29.06 a
1972 1237.9 207.752 29.55 a
1973 1382.3 210.013 29.60 a
1974 1499.5 212.299 30.63 a
1975 1637.7 214.609 30.14 a
1976 1824.6 216.945 29.99 a
1977 2030.1 219.307 31.07 a
1978 2293.8 221.694 30.59 a
1979 2562.2 224.107 31.09 a
1980 2788.1 226.546 31.77 a
1981 3126.8 228.670 32.48 a
1982 3253.2 230.815 33.10 a
1983 3534.6 232.979 31.23 a
1984 3930.9 235.164 31.07 a
1985 4217.5 237.369 31.95 a
1986 4460.1 239.595 32.27 a
1987 4736.4 241.842 33.40 a
1988 5100.4 244.110 32.86 a
1989 5482.1 246.399 33.24 i
1990 5800.5 248.710 33.23 a
1991 5992.1 251.802 33.07 a
1992 6342.3 254.933 33.07 a
1993 6667.4 258.103 33.39 a
1994 7085.2 261.312 33.51 a
1995 7414.7 264.561 34.27 a
1996 7838.5 267.850 34.85 a
1997 8332.4 271.180 35.40 a
1998 8793.5 274.552 36.25 a
1999 9353.5 277.966 35.83 a
2000 9951.5 282.172 36.93 a
2001 10286.2 285.082 34.30 i
2002 10642.3 287.804 31.00 a
2003 11142.2 290.326 31.03 i
2004 11853.3 293.046 32.83 a
2005 12623 295.507 33.62 a
2006 13377.2 298.109 35.10 a
2007 14028.7 300.733 36.86 a
2008 14369.1 303.380 32.48 a
2009 13939 306.051 26.27 a
2010 14508.2 308.746 32.47 a
stands for decibels - Private Pyle has a full magazine that is locked and loaded
March 1st, 2013
12:36 pm
welfare payments, food stamps etc should STOP until the debt is paid off.
Keith, when was the last time the “debt was paid off?”
Do you even know the answer?
(dumb question, I know, but I can’t wait to hear how he handles this…)
larry
March 1st, 2013
12:36 pm
And, the Left’s answer – tax the high income people more. Just how idioitc and selfishess.
No just close their loopholes. Wasn’t that in the Republican platform last year?
I believe it was. And now they dont want no part of it.
Fred ™
March 1st, 2013
12:36 pm
Woodstock Mike is afraid to answer my question. How typical of the Republicans. Spew crap but never substantiate it.
Granny Godzilla
March 1st, 2013
12:37 pm
ROBBERYGHAZI!
Jefferson
March 1st, 2013
12:37 pm
If you get all the money why should you pay all the taxes. I’m talking money OVER what it takes to eat and live.
Voter
March 1st, 2013
12:38 pm
Dr. Ben Carson quoted it correct. Fixed percentages for income taxes, (10% for example, for easy math), for all wage earners. You make a $10 Billion a year, you pay $1 billion in taxes, you make $50 thousand a year you pay $5000 in taxes. Why complicate everything?, this is simple and everyone pays a fair share.
BlahBlahBlah
March 1st, 2013
12:38 pm
How come the sky didn’t fall this morning?
getalife
March 1st, 2013
12:38 pm
“Income Posts Largest Drop In 2 Decades”
The gop want to cut income more.
Americans are not self defeatists like you cons.
The gop are going down for good.
DebbieDoRight - Going Over The Fiscal Cliff In A Barrel, With High Heels On
March 1st, 2013
12:38 pm
JM: the tax code is grossly unfair, absurd, and impossibly to comply with due to its complexity.
Well, when the republicans controlled (for about 6 years), the Presidency, The House, and the Senate — why didn’t they take that opportunity to CHANGE it then?
Oh wait, Terri Schiavo! Sorry. I just answered my own question……….
django
March 1st, 2013
12:38 pm
Why are dems so dead set on raising taxes. They have already got one tax increase. I guess they can’t help themselves but to keep giving out those freebies to their sheep…
Jefferson
March 1st, 2013
12:39 pm
At least you get a politican in your pocket…
nobodyouknow
March 1st, 2013
12:39 pm
Mr. O’bama is a smooth talker. Thats why he’s president. I just don’t really understand all the figures and data sheets.Its way over my head. Its also hard for me to beleive the Republicans would want us to lose jobs and fall into a bad recesson. As far as taxing the wealthy, GO FOR IT, it sure will not be me. Besides the country is so deep in debt it will only be a drop in the bucket as far as cureing the trillions in debt we are in. In my many years on this earth I do know one thing, the more money we give Washington the more they spend. WASTE is a better word.
Jm
March 1st, 2013
12:39 pm
“So are you saying the top 20% of households should pay 20% of income taxes?”
No Paul. First I believe in a flatter simpler tax code than we have now. And I believe in a progressive tax code. Just not a stupid tax code like we have. Sheesh.
stands for decibels - Private Pyle has a full magazine that is locked and loaded
March 1st, 2013
12:39 pm
Can someone please explain the concept of “proportional spaced fonts” to our “td?”
(I’d have thought he’d grasped as much back in the “rathergate” days but I guess he was off on a bender that month.)
Paul
March 1st, 2013
12:39 pm
keith
“didnt obama promise the stimulus would fix all those infrastructure problems? remember his shovel ready jobs?”
No, he didn’t
“… geez jay will you EVER learn?”
geez keith will you EVER learn?
Mick
March 1st, 2013
12:39 pm
woodstock
What about your prejudices? I really hate being lumped in with all the folks you demonize daily. I’ve never collected one dime from the gov’t in over 45 years of working, yet I’m a taker? Damn straight I want that social security and all I hear is that it has to be cut. I don’t accept that, when it comes to paying creditors, the people should be first in line…
JohnnyReb
March 1st, 2013
12:39 pm
larry – Obama got his tax increase. Closing loopholes is, in effect, another increase. People would pay more tax dollars even though the rate would not go up.
No more tax increases. Reduce spending. It’s really simple. It’s just not wealth redistribution as Obama wants to do.
ByteMe - Got ilk?
March 1st, 2013
12:40 pm
ByteMe – our Country is based on equal opportunity, not equal outcome.
Agreed, but when those with the most tilt the table so that those with the least can’t get an equal outcome, then society eventually destabilizes. You think it’s an accident that the pay disparity between CEOs and common folks has widened dramatically over the past 30 years? The game has always been rigged in favor of the wealthy, but that rigging was kept in control through high tax rates on them… and once that disincentive was removed in the 1980’s, we’re seeing how well that’s worked out.
Brosephus™ -What is your major malfunction, numbnuts?
March 1st, 2013
12:41 pm
Jay
Will you please give td some attention and rub his belly. Talk about the dumbest crap to argue. Everybody knows that revenue will increase as long as GDP, incomes, and other things increase. That dude needs a red card for being stuck on stoopid.
Next, he’ll want to argue that water is wet and the sun is hot.
DebbieDoRight - Going Over The Fiscal Cliff In A Barrel, With High Heels On
March 1st, 2013
12:41 pm
td@ 12:35 — td just posted a bunch of numbers that he has no idea how to read.
Voter
March 1st, 2013
12:41 pm
@BlahBlahBlah – “How come the sky didn’t fall this morning?”
It did, for the Government Exclusive, the private jets, the golf courses, the seminars and conventions. Hopefully one day, the Government will stop wasting tax dollars. Not likely tho.
Paul
March 1st, 2013
12:41 pm
keith
“I think tax rates should be what they were when President Clinton left office”
Now you’re sounding like Jay, you old RINO, you!
Cherokee
March 1st, 2013
12:41 pm
Good for you Woodstock Mike. But contrrary to what Boortz told you, no one hates you.
0311/8541/5811/1811/1801
March 1st, 2013
12:42 pm
Three points JAY !
1) It is my understanding that all the Repubs. want to do is reduce the INCREASE in spending by 2%. I repeat ………. we are only talking about a reduction in the INCREASE of spending.
2) There is enough in waste, fraud and abuse to make up for that 2% easily ! Force agencies to do that !
3) The Pentagon spends trillions and trillions of dollars and they can’t even audit or account for those funds. The next proposed date for an audit of the Pentagon is 2017 !!!!!
4) Enough is enough.
BOHICA
March 1st, 2013
12:42 pm
Hey everybody,
Repeat after me. I am not taxed enough!
thank you Jay for helping me see the light!
0311/8541/5811/1811/1801
March 1st, 2013
12:43 pm
5) We will still spend more this year than last year !
JohnnyReb
March 1st, 2013
12:43 pm
ByteMe – the only thing stopping you from being a CEO is you. Don’t cry about what they make. It’s like a nurse complaining about the difference between what she makes versus a doctor. Be a doctor and shut up.
stands for decibels - Private Pyle has a full magazine that is locked and loaded
March 1st, 2013
12:44 pm
the private jets, the golf courses, the seminars and conventions.
not intended to be a factual statement
Jefferson
March 1st, 2013
12:44 pm
Reb, the GOP sold you out to keep others taxes from going up.
Union
March 1st, 2013
12:44 pm
i think part of the issue and frustration is that there is no accountability in washington.. from the fraud and abuse.. you can get busted taking money on camera then still say you didnt do it..
0311/8541/5811/1811/1801
March 1st, 2013
12:45 pm
JAY:
How about a chart on this PLEASE ?
“INCOMES DROP MOST IN 20 YEARS…
Money left over after taxes biggest plunge since 1959…”
Joe Hussein Mama
March 1st, 2013
12:45 pm
I’m not hanging around in here today. Too much acid and agita in here today. IMO, it won’t end well.
I see the red cards comin’, they’re comin’ round the bend . . .
http://en.wikipedia.org/wiki/Folsom_Prison_Blues
stands for decibels - Private Pyle has a full magazine that is locked and loaded
March 1st, 2013
12:45 pm
Maybe Scouty McDigits will scamper off if I tell him that JFK wanted the top marginal rate set at 70%?
Voter
March 1st, 2013
12:45 pm
@Full Metal Jacket Quotes – I see the usual liberal crap, blame game. Don’t forget president obama promised 5 years ago and even a year ago, for balance budgets and spending cuts. You can’t blame the GOP or anyone else for the President not submitting a budget, that’s on him.
barking frog
March 1st, 2013
12:45 pm
DebbieDoRight – Going Over The Fiscal Cliff In A Barrel, With High Heels On
…………………………………………………………………….
Wow ! What a visual !
Arms Akimbo
March 1st, 2013
12:45 pm
Obama’s model is based on providing services to his constituents that are paid for by others. He demands an ever increasing piece of the American pie to pay for his posse. Obama’s fatal flaw is his disastrous economic platform. Bernanke spoke this week and predicted that unemployment will not reach 6% until 2016. Also this morning, the WSJ announced that take home pay for Americans had the largest annual reduction since 1959. If the economy was growing, business would be more tolerant of Obama’s wealth redistribution plays. Unfortunately, Obama is completely clueless about economic development. All you have to do is look at his humorous sequestration proposal that actually increases spending and does not define any meaningful cuts. The sequester is dangerous for Obama because he has been preaching that without Govt. spending, the nation will collapse. The reality is that Americans are about to see that a 2% reduction in Government spending is not fatal and in fact could be dramatically less painful if the President were to do his job and reallocate funding and cut bureacratic fat.
DownInAlbany
March 1st, 2013
12:45 pm
And, this proves what? That we should raise taxes on the top quintile? What the heck is your point? That the bottom quintile should pay more? They are only paying 1%!
indigo
March 1st, 2013
12:46 pm
Boehner is willing to let the middle class suffer from the sequester in order to protect his wealthy patrons from any further tax increases.
He’s counting on gullible cons to actually believe that asking the rich to pay a little more is “stealing from the American people”.
Unfortunately, America is full of such simple tools who eagerly believe anything their Republican idols tell them.
Jefferson
March 1st, 2013
12:46 pm
And the GOP will sell out more to save their defense contractor contributions.
0311/8541/5811/1811/1801
March 1st, 2013
12:46 pm
Good riddance !
Get Real
March 1st, 2013
12:47 pm
SPEND…SPEND…SPEND and then SPEND some more
BORROW…BORROW….BORROW and then BORROW some more
Don’t worry, DEFICITS don’t matter!!!
stands for decibels - Private Pyle has a full magazine that is locked and loaded
March 1st, 2013
12:47 pm
How about a chart on this
how about you read what Drudgey goodness your fellow wingnuts have already spammed us with?
JohnnyReb
March 1st, 2013
12:47 pm
Jefferson – I dont want anyone’s taxes to go up. Reduce spending. Stop the waste. Save SS and Medicare by transitioning people away from today’s programs. No more unemployment payment extenstions. Put a limit on food stamp payments. Put the cronically unemployed into government work programs.
DebbieDoRight - Going Over The Fiscal Cliff In A Barrel, With High Heels On
March 1st, 2013
12:48 pm
Let capitalism thrive America, and we will all prosper.
October 29, 1929 says “WTF?”
Jefferson
March 1st, 2013
12:48 pm
SPEND…SPEND…SPEND and then SPEND some more
BORROW…BORROW….BORROW and then BORROW some more
Don’t worry, DEFICITS don’t matter!!!
That’s the reason the GOP has no credibility
bman.
March 1st, 2013
12:49 pm
“I paid around 150K in federal income tax alone for 2012″
I’m looking for a career change. Please advise…
0311/8541/5811/1811/1801
March 1st, 2013
12:49 pm
stands for decibels –
Private Pyle has a
full magazine that is
locked and loaded :
“Maybe Scouty McDigits will scamper off if I tell him that JFK wanted the top marginal rate set at 70%?”
Nope !
But I will post what he said about the reason for the 2nd Amendment ………..
)
“By calling attention to ‘a well regulated militia,’ the ’security’ of the nation, and the right of each citizen ‘to keep and bear arms,’ our founding fathers recognized the essentially civilian nature of our economy. Although it is extremely unlikely that the fears of governmental tyranny which gave rise to the Second Amendment will ever be a major danger to our nation, the Amendment still remains an important declaration of our basic civilian-military relationships, in which every citizen must be ready to participate in the defense of his country. For that reason I believe the Second Amendment will always be important.”
John F. Kennedy
NEXT ……………..
Marty Huggins'
March 1st, 2013
12:50 pm
ByteMe – Got ilk?
March 1st, 2013
12:34 pm
Really?
No?
We are discussing the graph we were given, there was no break down as specific as you now choose to use.
My point would still hold true we all need a tax increase.
Every single one of us has had a drop in tax rate unless we are in the top 20% we have seen our taxes dropped the most.
To make it clear for you:
Highest 1/5. 1979- 27.1—-
2009- 23.2—-
4th 1/5. 1979- 21.5—
2009- 15.1
Middle 1/5. 1979- 18.9
2009- 11.1
2nd. 1/5. 1979- 14.5
2009- 8.6
Lowest 1/5. 1979.- 7.5
2009- 1.0
DownInAlbany
March 1st, 2013
12:50 pm
Arms Akimbo
March 1st, 2013
12:45 pm
Personal income fell by 3.6% in January. The largest one month drop in 20 years. I guess some of that was the expiration of the Bush tax cuts. But, the feds can’t trim 2% from the expected increase in expenditures.
What is Obama’s latest plan? $300 billion in new “revenues” but are called “cuts.”
Soothsayer
March 1st, 2013
12:50 pm
“Obama’s model is based on providing services to his constituents that are paid for by others. He demands an ever increasing piece of the American pie to pay for his posse.”
Red State whites receive more “services” than any other constituency.
You know, that’s such a tired old argument that resurfaces here almost daily.
stands for decibels - Private Pyle has a full magazine that is locked and loaded
March 1st, 2013
12:50 pm
That we should raise taxes on the top quintile?
Yes, gradually, but we should also *pay* the bottom four more than we do.
We can start by raising the minimum wage. We can also put more people to work on all kinds of stuff that needs to be built/maintained, which would serve to increase wages since you’d have fewer people chasing more jobs, and employers would have to pay more to attract those workers.
Pretty straightforward stuff for a civilized nation, unless you’re a cant-do conservative.
clem
March 1st, 2013
12:50 pm
how does the ceo of genuine auto parts get a 30% compensation raise (nearly doubled during recession period) while laying offing 2000. sounds like his board is a bunch of back scratchers.
Paul
March 1st, 2013
12:51 pm
Jm 12:39
Thanks. So it’d be flatter – would the relative percentages paid by each quintile change?
Brosephus
“. Almost half of America legally have no fed income tax liability, which means they get to keep more of their money. Corporations are seeing more and more tax returns with zero liability as well. For some odd reason, they don’t want to recognize the overwhelming success of their efforts. I wonder why? ”
Because in conland, corporations are good and poor people are bad. It’s why they cheer no taxes for a corporation with a billion in taxes but heap scorn on a family making $30K a year who pays no federal income taxes.
Have you also noted how the evangelical/fundamentalist Republican Right is now using their religious philosophy to try to change the tax code? It all sounds like tithing. “You have this much, everybody pays the same percentage.”
Yet if a Muslim proposed that, they’d be all over him for trying to impose Sharia on us….
Get Real
March 1st, 2013
12:51 pm
Jefferson….you do not have the first clue. I am tired of being the wagon puller for half the country.
But you keep spouting your bull$hit…
Jefferson
March 1st, 2013
12:51 pm
Reb, I don’t think you can solve the problem that way. Everyone has to go back to the rates we had before. Spending cuts as small as 2% constitutes a crisis. The gov’t get ripped off daily by people who do business with the gov’t. Follow the money trail.
BSNBC
March 1st, 2013
12:51 pm
The Obama White House is just like the Nixon White House. Lies, coverups, bully the media, payoffs to friends and blinded by power!
Mr Right
March 1st, 2013
12:52 pm
And the GOP will sell out more to save their defense contractor contributions –
Blah blah, the libs would never do that! Blah blah!
DebbieDoRight - Going Over The Fiscal Cliff In A Barrel, With High Heels On
March 1st, 2013
12:53 pm
Hiya Frog!
I was trying to portray this — in a few succinct words!
Jefferson
March 1st, 2013
12:54 pm
Real after the wreck of 08 you still belive ? Easter is coming….
barking frog
March 1st, 2013
12:54 pm
I cannot understand how any rational mind can propose
that someone making 10,000.00 per year should pay
income tax.
Recon 0311 2533
March 1st, 2013
12:54 pm
These are the most recent data available, indicating that every single income group is paying less of their income in taxes than at any point in the last 30 years.
Of course Jay fails to mention that income has been shrinking for most Americans. The Obama White House have been lying to the American people. Obama stood before the press corps earlier and continued lying and later in that gathering walked it back by admitting that this 2.4% in reduced future spending wasn’t going to cause an Armageddon. Obama talks compromise but dances around offering specific compromise, while sticking to his theme for a balanced approach, which translates into higher taxes. The Republicans have offered him the means to prioritize this paltry reduction in spending but he refuses because he’s afraid to perform his duties as the chief executive and C-n-C. I wanted to vomit when Obama said that the Pentagon would have to figure a way to inform military families about lost income and benefits. Obama is the commander-n-chief why in the hell isn’t he the one finding solutions, which he has the capability to do. After all his highest priority is our national security and it seems that he prefers being AWOL from that responsibility.
stands for decibels - Private Pyle has a full magazine that is locked and loaded
March 1st, 2013
12:54 pm
Scout @ 12.49, thank you for reminding one and all that Presidential candidates tend to spout stupid crap while on the campaign trail, and JFK was no exception.
Kamchak ~ Thug from the Steppes
March 1st, 2013
12:54 pm
If the economy was growing, business would be more tolerant of Obama’s wealth redistribution plays.
Really?
DJIA closed 20Jan2009 = 7949.09
DJIA trading now = 14098.60
Geez….
ByteMe - Got ilk?
March 1st, 2013
12:55 pm
ByteMe – the only thing stopping you from being a CEO is you. Don’t cry about what they make. It’s like a nurse complaining about the difference between what she makes versus a doctor. Be a doctor and shut up.
I own four companies, so I’m already there. But I’m also smart enough to know that just because I made it doesn’t mean it’s possible for everyone else to get there… and that if I overpay myself, somehow that’s going to make things better for those beneath me. Eventually, the masses rise up and take what they can’t get.
stands for decibels - Private Pyle has a full magazine that is locked and loaded
March 1st, 2013
12:55 pm
Of course Jay fails to mention that income has been shrinking for most Americans.
Aww. They’re so CUTE when they pretend to care about working Americans!
Get Real
March 1st, 2013
12:55 pm
Spending cuts as small as 2% constitutes a crisis.
More bull$hit…it is not even a cut, it is a decrease in the increase. My God man get you head out of your a$$!!!
Thomas Heyward Jr
March 1st, 2013
12:55 pm
Does that chart refer to the present generation or or children’s.
.
Regardlless………….this Opologism is starting to border on………………….phychosis.
It might be time to start rounding firearms up …………….from the Obama-Bots.
0311/8541/5811/1811/1801
March 1st, 2013
12:56 pm
“Our Only ‘Entitlement’ is Freedom”
Jefferson
March 1st, 2013
12:56 pm
Real, you are wrong. Sorry.
getalife
March 1st, 2013
12:57 pm
cons cheering for going back to a recession is just another of the million reasons why our country must marginilyze these self defeatists for our country.
getalife
March 1st, 2013
12:58 pm
“We want the EU recession” cons.
stands for decibels - Private Pyle has a full magazine that is locked and loaded
March 1st, 2013
12:59 pm
So, nobody disagrees with my prescription @ 12.50? Good. Write your congrefsbitch and tell them, then.
See ya, maybe ’round FNM-time…
/drive-by
Fred ™
March 1st, 2013
12:59 pm
I cannot understand how any rational mind can propose
that someone making 10,000.00 per year should pay
income tax.
There are no rational minds proposing that. only talk radio/FOXBOT puppets and their masters are proposing that. They sure as hell aren’t rational. Or intelligent for that matter. They keep spewing the same lies they have been spewing for years. The ones that America soundly rejected last November.
barking frog
March 1st, 2013
12:59 pm
Debbie Do
but I was visualizing…
DebbieDoRight –
Going Over The Fiscal Cliff In A Barrel, With (Nothing But)
High Heels On
0311/8541/5811/1811/1801
March 1st, 2013
1:00 pm
stands for decibels –
Private Pyle has a
full magazine that is
locked and loaded :
“Scout @ 12.49, thank you for reminding one and all that Presidential candidates tend to spout stupid crap while on the campaign trail, and JFK was no exception”
Except the Supreme Court in Heller v. D.C. agreed with him …………..
)
Page 24
b. SECURITY OF A FREE STATE
“The phrase “security of a free state” meant “security of a free polity” not security of each of the several states.”
“There are many reasons why the militia was thought to be “necessary for the security of a free state” ……….. Third, when the
able bodied men of a nation are trained in arms and organized, they are better able to resist tyranny.”
Page 25
3. RELATIONSHIP BETWEEN PREFATORY CLAUSE AND OPERATIVE CLAUSE
“That history showed that the way tyrants had eliminated a militia consisting of all the able bodied men was not by
banning the militia but simply taking away the people’s arms, enabling a select militia or standing army to suppress
political opponents.”
Page 26
“It was understood across the political spectrum that the right helped to secure the ideal of a citizen militia, which might
be necessary to oppose an oppressive military force if the constitutional order broke down.”
clem
March 1st, 2013
1:00 pm
you may not like krugman, but the conservatives have not proven correct on war or the economy at federal level
gadem also known as Benghazi
March 1st, 2013
1:00 pm
Republicans are the true moochers….they want to pay ZERO taxes but use the infrastructure as if they had. So the Republicans are the true 47%!!!!
Did someone say Benghazi?
Mick
March 1st, 2013
1:00 pm
0311
That jfk quote has a limited shelf life…I think you’ve gone way past the expiration date…
Get Real
March 1st, 2013
1:00 pm
Jefferson…I guess we will agree to disagree, fair enough?
Paul
March 1st, 2013
1:00 pm
barking frog
“I cannot understand how any rational mind can propose
that someone making 10,000.00 per year should pay
income tax. ”
Yet that’s what we read here, day after day.
Recon
“These are the most recent data available, indicating that every single income group is paying less of their income in taxes than at any point in the last 30 years”
The data does seem to indicate that.
Do you believe it?
Paul
March 1st, 2013
1:03 pm
Scout
You keep glossing over that minor point Justice Scalia wrote for the majority wherein they decided the right to a handgun in one’s home for lawful purposes is an individual right, not connected to a militia.
Mick
March 1st, 2013
1:03 pm
paul
My girl out in plano just got transferred to orlando, she wasn’t making the money she did in miami…
Jeffrey
March 1st, 2013
1:05 pm
Woodstock mike. I read a piece in the wsj that proposed limiting personal deductions to 2 percent of income. According to that oped it raised rates only slightly, made filing taxes easier and did a nice job on the deficit sorry it took a while to get back to you but nobody ever comments on my comments and I was checking on a sick kid. Cheers.
Paul
March 1st, 2013
1:06 pm
Mick
Aw, nuts… I was looking forward to seeing you.
But I’ve two kids in Orlando who we see regularly, so we’ll connect there, okay?
Welcome to the Occupation
March 1st, 2013
1:06 pm
The Gee Ohh Pee is a lying fleabag of an outfit.
It’s a gang, not a party.
/ drive-by
0311/8541/5811/1811/1801
March 1st, 2013
1:06 pm
“I cannot understand how any rational mind can propose
that someone making 10,000.00 per year should pay
income tax”
Hummmm ……………. well “GOD” required a tithe of 10% ………… from the richest all the way down to the poorest.
td
March 1st, 2013
1:06 pm
Brosephus™ -What is your major malfunction, numbnuts?
March 1st, 2013
12:41 pm
Jay
Will you please give td some attention and rub his belly. Talk about the dumbest crap to argue. Everybody knows that revenue will increase as long as GDP, incomes, and other things increase. That dude needs a red card for being stuck on stoopid.
Total BS.
1: GDP = the amount of money available in the entire nation.
2: Measuring the Federal governments take of that revenue available is an indicator as to what it cost each citizen for the services provided.
3: The more money the government takes out of the economy then the less is available to grow the economy.
4: All tax rates measure is the share of revenue provided by each subgroup or individual.
getalife
March 1st, 2013
1:06 pm
If you cons want a recession like the EU, move there.
0311/8541/5811/1811/1801
March 1st, 2013
1:08 pm
“WASHINGTON MOCKS WOODWARD…
Press turns on one of their own…
Andrew Sullivan: He’s ‘a liar’…
Reporter: ‘People Waiting For Woodward To Die’… ”
Well, it looks like old BOB is now realizing what conservatives have all along ………….. the liberal press out there will leave no stone unturned to protect their biases.
DannyX
March 1st, 2013
1:09 pm
Just wait everyone! The Bush tax cuts will send us into economic utopia! The midas tax cuts will turn everything into gold! All your dreams will come true! Its going to be awesome.
Jm
March 1st, 2013
1:09 pm
“ByteMe – Got ilk?
March 1st, 2013
12:21 pm
Marginal tax rates is how people make decisions
Really? I haven’t thought about mine in years.”
Byteme
As in your case, when you don’t pay taxes, you don’t need to worry about marginal rates
Moderate Line
March 1st, 2013
1:09 pm
When the GOP’s tax myth collides with reality…
+++++
My only problem with this is it only gives the “federal tax rate”. This doesn’t include state and local taxes.
According to the website I linked to in 1980
Year GDP-US $ billion nominal Population-US million Total Direct Revenue-total percent GDP
1980 2788.1 226.546 31.77 a
1981 3126.8 228.670 32.48 a
1982 3253.2 230.815 33.10 a
1983 3534.6 232.979 31.23 a
1984 3930.9 235.164 31.07 a
1985 4217.5 237.369 31.95 a
1986 4460.1 239.595 32.27 a
1987 4736.4 241.842 33.40 a
1988 5100.4 244.110 32.86 a
1989 5482.1 246.399 33.24 i
1990 5800.5 248.710 33.23 a
1991 5992.1 251.802 33.07 a
1992 6342.3 254.933 33.07 a
1993 6667.4 258.103 33.39 a
1994 7085.2 261.312 33.51 a
1995 7414.7 264.561 34.27 a
1996 7838.5 267.850 34.85 a
1997 8332.4 271.180 35.40 a
1998 8793.5 274.552 36.25 a
1999 9353.5 277.966 35.83 a
2000 9951.5 282.172 36.93 a
2001 10286.2 285.082 34.30 i
2002 10642.3 287.804 31.00 a
2003 11142.2 290.326 31.03 i
2004 11853.3 293.046 32.83 a
2005 12623 295.507 33.62 a
2006 13377.2 298.109 35.10 a
2007 14028.7 300.733 36.86 a
2008 14369.1 303.380 32.48 a
2009 13939 306.051 26.27 a
2010 14508.2 308.746 32.47 a
2011 14958.6 311.592 34.05 e
2012 15601.5 314.123 32.90 g
Legend:
a – actual reported
i – interpolated between actual reported values
e – estimated by usgovernmentspending.com
b – budgeted estimate in US fy13 budget
http://www.usgovernmentrevenue.com/revenue_chart_1980_2015USp_13s1li011mcn_F0t#copypaste
Mick
March 1st, 2013
1:09 pm
paul
Yes, no problem my folks live in melbourne, get up that way quite a bit..
0311/8541/5811/1811/1801
March 1st, 2013
1:10 pm
Mick:
“That jfk quote has a limited shelf life…I think you’ve gone way past the expiration date…”
Nope.
Guess what?
I will posts even older quotes in the future ………. you know, from people like Washington, Jefferson, Jesus ……………
td
March 1st, 2013
1:10 pm
0311/8541/5811/1811/1801
March 1st, 2013
1:08 pm
“WASHINGTON MOCKS WOODWARD…
Press turns on one of their own…
Andrew Sullivan: He’s ‘a liar’…
Reporter: ‘People Waiting For Woodward To Die’… ”
Well, it looks like old BOB is now realizing what conservatives have all along ………….. the liberal press out there will leave no stone unturned to protect their biases.
“Liberal press”. We really do not have a liberal press any longer. It is now nothing more then the Obama propaganda machine.
DannyX
March 1st, 2013
1:11 pm
“WASHINGTON MOCKS WOODWARD…”
BENGHAZI!!
Mick
March 1st, 2013
1:11 pm
0311
Actually, woodward is learning that if you kiss up to the stupid party it makes you look, well stupid!!!
Progressive Humanist
March 1st, 2013
1:12 pm
For those complaining about Obama’s out of control spending- You might need a little 9th grade civics lesson. All spending bills originate in the House of Representatives, which has been controlled by Republicans for about 75% of the time over the last 20 years. So I guess all our spending problems stem from the 2 years when both the House and the White House were controlled by Democrats? Or could it be that you just hate Democrats and have a difficult time with cause and effect relationships?
East Lake Ira
March 1st, 2013
1:12 pm
I thought Jm was supposed to be somewhere in the Indan Ocean by now?
DannyX
March 1st, 2013
1:13 pm
“Jesus ……………”
0311, you got any good Jesus quotes on the rich people you love to worship?
middle of the road
March 1st, 2013
1:14 pm
“Seems we need to revisit the tax rate of everyone”
Marty – I would agree with you 100% there. If we want these services from the government, we have to pay for them.
Paul
March 1st, 2013
1:14 pm
Brosephus
Did you note that at 12:51 I posted, “Have you also noted how the evangelical/fundamentalist Republican Right is now using their religious philosophy to try to change the tax code? It all sounds like tithing. “You have this much, everybody pays the same percentage.”
Yet if a Muslim proposed that, they’d be all over him for trying to impose Sharia on us….”
And at 1:06
0311 posted: “Hummmm ……………. well “GOD” required a tithe of 10% ………… from the richest all the way down to the poorest. – “
Slick
March 1st, 2013
1:14 pm
What about the Dem lie that the GOP and rich have shifted the tax burden to the middle and lower classes. Not according to your chart. The American people are indeed being sold a story that is simply, factually untrue.
0311/8541/5811/1811/1801
March 1st, 2013
1:15 pm
Paul:
“Scout
You keep glossing over that minor point Justice Scalia wrote for the majority wherein they decided the right to a handgun in one’s home for lawful purposes is an individual right, not connected to a militia.”
Thank you …………. a “minor” point as you say and has nothing to do with WHY the 2nd Amendment was put there.
The American people are free through their elected representatives to draft new legislation regulating firearms. If the President signs it and the Supreme Court upholds it then it becomes the law of the land. If the Supreme Court rules the law is uncontitutional then the people are again free to alter, amend or even abolish the 2nd Amendment so as to make that law Constitutional.
That has NOTHING to do with why the Amendment was included in the first place which was to help ensure against tryrannical government.
levels of blackness
March 1st, 2013
1:16 pm
watched part of president phony photo oPs presser
can’t believe what a liar he is.
Finn McCool (The System isn't Broken; It's Fixed)
March 1st, 2013
1:16 pm
Obama’s “Jedi mind meld” mixes up “Star Trek” and “Star Wars”
He failed the alien test. I guess he was born on this planet after all.
Finn McCool (The System isn't Broken; It's Fixed)
March 1st, 2013
1:18 pm
0311, you got any good Jesus quotes
bumper sticker:
“Jesus is coming, look busy”
Recon 0311 2533
March 1st, 2013
1:18 pm
Do you believe it?
Paul, of course I believe it, after all we’ve removed about half from paying any income tax at all and in fact the bottom 20% is receiving refunds on income they didn’t earn. Add to that the 15% real unemployed along with the dramatic increase in those now receiving S.S. disability or other forms of government assistance. We have a federal government that borrows .40 cents for each dollar it spends. Do we have a revenue problem? Absolutely but its because of a shrinking tax paying base, shrinking earned income and spending that’s far out of balance with revenues coming in. We have to reign in spending, broaden our tax base and get this economy into high gear. The Obama formula just hasn’t worked.
td
March 1st, 2013
1:18 pm
Progressive Humanist
March 1st, 2013
1:12 pm
For those complaining about Obama’s out of control spending- You might need a little 9th grade civics lesson.
How about this civics lesson. When the US Senate has refused to take up a budget the House has passed and all appropriations bills are based off a budget then the House only has two choices of action: Continuing resolutions to keep the government running or 2: stop all spending and shut the government down.
Do you think the Republicans should shut the whole government down?
Jm
March 1st, 2013
1:19 pm
Paul 12:51
Not significantly
But what gets paid within quintiles by different taxpayers would change a lot
By design
middle of the road
March 1st, 2013
1:19 pm
“I cannot understand how any rational mind can propose that someone making 10,000.00 per year should pay income tax. ”
I propose that, and I believe I have a rational mind. Why should ANY group get a “free ride” and pay no income tax whatsoever? A minimum 2% (or 5%) income tax is not going to cause anyone to starve to death.
UNCLE SAMANTHA
March 1st, 2013
1:20 pm
THE TAX CODE IS MAKING US FAT
REPUBLICANS FOCUS ON LOWERING TAXES
LIBERALS WANT TO RAISE TAXES
THE SOLUTION IS TAX REFORM
WHY DOES AN UNHEALTHY HAPPY MEAL COST LESS THAN A PLATE OF BROCOLLI, ASPARUGUS AND OTHER HEALTY ITEMS???
BECAUSE THE TAX CODE SUBSIDIZES ALL THE PRODUCERS THAT ARE INVOLVED WITH THE MAKING OF A HAPPY MEAL………. AND THE PRODUCERS OF HEALTHY VEGETABLES GET NADA
TAX REFORM………..
Marty Huggins'
March 1st, 2013
1:20 pm
Quick numbers.
In 2010 there were 38 million people in America making $10,000 or less.
http://m.theatlantic.com/business/archive/2011/10/38-million-workers-made-less-than-10-000-in-2010-equal-to-californias-population/247146/
If each paid $50 per year or $4 per month it would equal $1.9 billion into the coffers.
That is less than 4- 20ounce sodas per month.
Everyone of us should pay income taxes. It is our duty to the nation for giving us a set of conditions that allow for our ability to be employed and earn a living.
Paul
March 1st, 2013
1:22 pm
Scout
You weren’t on the thread where Jay posted Scalia’s blunt dismissal that that reasoning is valid today?
He pointedly dismissed it.
So while you may like to stay a couple hundred years in the past with why something happened, you might want to think about coming into the present and seeing how that works in the present-day reality.
_________________________________________________________________
By golly, I think I’ve just stated one of the impediments of our lalaland Republicans….
Bosch
March 1st, 2013
1:22 pm
Stands,
What’s even cuter is cons trying to do tax math.
DannyX
March 1st, 2013
1:22 pm
“The Obama formula just hasn’t worked.”
Wrong, if anything its the Bush tax cuts that didn’t work and didn’t do as promised.
middle of the road
March 1st, 2013
1:22 pm
I DO think that since we were looking at $85 billion in sequester cuts, that congress (both parties) should have set down and talked ONLY CUTS and at least decided where the cuts should have been made. Leave tax increases alone for right now. But they probably couldn’t agree even on WHERE to make the cuts.
barking frog
March 1st, 2013
1:23 pm
0311
I will posts even older quotes in the future ………. you know, from people like Washington, Jefferson, Jesus
………………………………………………………………………
proceed, governor…..
Jm
March 1st, 2013
1:23 pm
Re $10k income earner paying taxes
I disagree
Low income taxpayers are highly likely to underreport earned income
Namely related to cash payments
Someone’s tax return may say $10k but they probably make much more
That’s why we should end the income tax and have a VAT
Among other reasons
Tax dodging becomes very difficult
They call me MISTER JamVet.
March 1st, 2013
1:23 pm
…how much more money do we want to steal from the American people…
STEAL???
What a disgusting excuse for an elected leader.
Not to excuse the mental torpidity, nor the gargantuan lack of honesty of many of our Republican bloggers here, but it is little wonder, given that the leader of that cancerous, anti-American gang is a blithering liar and fool, himself.
But it is still a free country and guppies are allowed to believe – and parrot – their head nitwit as they choose…
Paul
March 1st, 2013
1:25 pm
Thanks Recon.
I trust when you’re on other websites and people talk about their taxes under Obama are higher than they’ve ever been that you’ll point out the errors in their thinking?
Brosephus™ -What is your major malfunction, numbnuts?
March 1st, 2013
1:25 pm
Have you also noted how the evangelical/fundamentalist Republican Right is now using their religious philosophy to try to change the tax code? It all sounds like tithing. “You have this much, everybody pays the same percentage.”
Yet if a Muslim proposed that, they’d be all over him for trying to impose Sharia on us….
Paul
I guess that’s one of those “it’s ok when WE force our religious beliefs on others” scenarios. Nevermind the whole do unto others advice that was given long ago.
td
March 1st, 2013
1:26 pm
Do not forget to add the $15 trillion in transfer payments (the great society) that has been taken from the top 4 quintile’s and given to the bottom quintile since 1964 in our “war on poverty”. The results of those transfer payments have not cut the poverty rate any over the past 50 years.
TBS
March 1st, 2013
1:26 pm
“Low income taxpayers are highly likely to underreport earned income
Namely related to cash payments
Someone’s tax return may say $10k but they probably make much more”
Is this typical Jm assertion and hyperbole or based on a factual study that will present in your next post?
DannyX
March 1st, 2013
1:27 pm
“I propose that, and I believe I have a rational mind.”
“the best anti-poverty, the best pro-family, the best job creation measure to come out of Congress.”
-President Reagan on the Earned Income Tax Credit
alex
March 1st, 2013
1:28 pm
Jay, time to move on you’ve stepped in it in so many ways that you can’t or haven’t defined with this chart, cover your former SCIENCE self and move on (ex. #1 define the income limits for the Quintiles for the last 30 years and as usual you deal with “relative” numbers , what are the absolute numbers, mabye a lower % of a much higher number comes out to an absolute increase, FACT, you have NO idea of what you are even thinking). Personally, I don’t want the lowest Quintile in 2013, paying the % they did in 1979. You really never did read the Noise and the SIgnal did you?……Gotta go the NOISE is killing me!!
Paul
March 1st, 2013
1:28 pm
Jm
“Not significantly. But what gets paid within quintiles by different taxpayers would change a lot. By design”
I asked if the relative percentages paid by each quintile would change significantly.
You said no, but each quintile would see a change.
To more or less taxes paid?
keith
March 1st, 2013
1:28 pm
so obama didnt say his stimulus was going to fix all the infrastructure problems just like sequester wasnt his idea. how can anybody take these liberals seriously when they are blithering idiots?
0311/8541/5811/1811/1801
March 1st, 2013
1:29 pm
Paul:
“So while you may like to stay a couple hundred years in the past with why something happened, you might want to think about coming into the present and seeing how that works in the present-day reality.”
Thank you and my point stands as to WHY is was put there THEN …………. just like why “freedom of speech” was put in. The reasons THEN don’t change. How both are interpreted now obviously does.
Again …………. we are free to pass new legislation and alter or abolish Amendments.
Is that current enough for you ??
Mr_B
March 1st, 2013
1:29 pm
“I spent time in Spain recently, their unemployment is up over 26%. That is what socialist entitlement spending does to a nation and it’s economy.”
Actually, this is what happens when tax avoidance becomes a national sport second only to futbol.
See also Greece and Italy.
Nations with vastly more entitlements than we have and center-left governments (Germany, Denmark, Sweden, the Netherlands, Norway, Finland) aren’t doing badly at all. But then, their citizen actually pay for what they get, and don’t grouse about it.
DannyX
March 1st, 2013
1:30 pm
“so obama didnt say his stimulus was going to fix all the infrastructure problems just like sequester wasnt his idea.”
Talk about blithering idiots…
td
March 1st, 2013
1:30 pm
Capital gains is counted as income and taxed in this country but Child Support, EITC, Food Stamps, TANF and section 8 housing supplements are not counted as income.
Moderate Line
March 1st, 2013
1:31 pm
Tax on personal income in the US is below average but not by much.
The US collects 8.1% of GDP while the average is 8.4%.
http://www.oecd-ilibrary.org/docserver/download/191500041e1t004.pdf?expires=1362163426&id=id&accname=freeContent&checksum=7B37F459611006DF454556E3E47B552F
QE 4 EVAH?
March 1st, 2013
1:31 pm
Ahead of sequester, GOP open to closing tax loopholes
http://tv.msnbc.com/2013/03/01/ahead-of-sequester-gop-open-to-tax-loopholes-but-not-entitlements/
0311/8541/5811/1811/1801
March 1st, 2013
1:31 pm
Finn McCool
(The System isn’t Broken; It’s Fixed) :
“0311, you got any good Jesus quotes”
“If they hated Me they will hate you”
“Except you believe in Me you are dead in your sins”
Paul
March 1st, 2013
1:31 pm
BOSCH! Left this for you downstairs:
BOSCH!!!!
A fine pagan “HI” to you!
Just the prior thread Jay and I were sending out good thoughts of concern for you. And here you are. Check out the thread’s topic: we put our minds together, the sum became more than the parts and… you were pulled it!
Welcome back from your sojourn, padawan.
Your wit and screen cleaner have been sorely missed.
We don’t kill fatted calves anymore (well, most of us, anyway…) but this calls for a celebration!
Welcome back with the 21st century version of feasting and making merry! (but don’t tell her boyfriend)
http://www.youtube.com/watch?feature=player_embedded&v=pT79×4qM4FE&list=PL549EB9DBB2FF8C24
They call me MISTER JamVet.
March 1st, 2013
1:32 pm
…so obama didnt say his stimulus was going to fix all the infrastructure problems…
That’s right, dreamer, he did not.
keith
March 1st, 2013
1:32 pm
obama told us his stimulus was going to keep unemployment below 8 percent. LIES. Said shovel ready jobs were ready to go, just pass stimulus. LIES. obama said sequester was a congessional idea. LIES. He lies all the time and people are on here supporting that liar. why???
DannyX
March 1st, 2013
1:33 pm
“If they hated Me they will hate you”
“Except you believe in Me you are dead in your sins”
FAIL!
Recon 0311 2533
March 1st, 2013
1:33 pm
Wrong, if anything its the Bush tax cuts that didn’t work and didn’t do as promised.
I don’t know how far you go back but Bush inherited an economy going into recession largely due to the burst of the dot.com bubble. Bush reduced taxes and we weathered the economic hits to the nation caused by 9-11 and later Katrina. The economy did well and unemployment was low through much of Bushes two terms until the housing bubble burst causing the 08 crash. We haven’t recovered sufficiently and Obama’s policies once again haven’t worked as we’re still teetering on the brink of another recession.
barking frog
March 1st, 2013
1:33 pm
middle of the road
“I cannot understand how any rational mind can propose that someone making 10,000.00 per year should pay income tax. ”
I propose that, and I believe I have a rational mind. Why should ANY group get a “free ride” and pay no income tax whatsoever? A minimum 2% (or 5%) income tax is not going to cause anyone to starve to death.
……………………………………………………………………..
to answer your question, Because they are too poor to pay.
the imposition of any tax should not be whether or not the
taxpayer will starve to death if the tax is imposed, due to the
fact that is not a rational way to tax. affordability has always
been a part of the US tax code and both republicans and
democrats have assisted low income earners with tax credits.
keith
March 1st, 2013
1:34 pm
Liberals cant even keep up with obamas lies so they simply deny it. heads in the sand or elsewhere syndrome.
Peadawg
March 1st, 2013
1:34 pm
“obama told us his stimulus was going to keep unemployment below 8 percent. LIES.”
You’re right; that is a lie. Obama never said that.
Marty Huggins'
March 1st, 2013
1:35 pm
http://www.marketplace.org/topics/life/irs-keeping-tabs-restaurant-bar-tips
Seems the IRS is concerned about a group who traditionally reports near the $10,000 mark that they feel are under reporting their income.
As someone who worked years in this field during college and from my experience it most certainly happens.
Bosch
March 1st, 2013
1:35 pm
keith,
Sorry, but repeating s lie as truth doesn’t make it happen. Just because YOU think something happens or somebody said something doesn’t make the words come out of their mouth.
Geez, haven’t y’all straightened out these cons yet, or are they new?
Paul
March 1st, 2013
1:36 pm
Scout
“Again …………. we are free to pass new legislation and alter or abolish Amendments.
Is that current enough for you ??”
Just pointing out that whenever you go down your militia rabbit hole, the Supremes have declared it irrelevant in the current second amendment discussion.
TBS
March 1st, 2013
1:36 pm
Jm
How about that study? I hope your assertion that I pointed out can be validated slightly more than your foreclosure crap you were selling a few months back
Doggone/GA
March 1st, 2013
1:36 pm
“That jfk quote has a limited shelf life…I think you’ve gone way past the expiration date… – See more at: http://blogs.ajc.com/jay-bookman-blog/2013/03/01/when-the-gops-tax-myth-collides-with-reality/?cp=2#sthash.nREKDxWT.dpuf”
And the more you say that, the more he’ll post it. Just scroll on by and ignore it.
keith
March 1st, 2013
1:36 pm
i bet you dont remember obama supporting sequester either. or his exec order to close gitmo. or his shovel ready jobs claims. or saying sequester came from a congressional idea. i know you dont recall any of that. STUPID LIBERALS.
DannyX
March 1st, 2013
1:36 pm
“The economy did well and unemployment was low through much of Bushes two terms until the housing bubble burst causing the 08 crash”
The Titanic was doing great, too bad people focus on the crash.
Moderate Line
March 1st, 2013
1:37 pm
Here are comparisons to OCED averages:
Property US 3.2% OCED 1.8
Income US 8.1 OCED 8.4
Goods and Services US 4.5% OCED 11
Corporate Income US 2.7 OCED 2.9
Mick
March 1st, 2013
1:38 pm
**The Titanic was doing great, too bad people focus on the crash.**
Good one, mate
Brosephus™ -What is your major malfunction, numbnuts?
March 1st, 2013
1:38 pm
td: 3: The more money the government takes out of the economy then the less is available to grow the economy.
This is the best representation of that statement that I could find online. Unlike a corporation, the government does not horde money. What the government takes in, it spends and then some. When you have to lie to try to prove a bogus point, you should realize that it’s bogus. I’m begining to think that you CAN’T tell the truth, even when you want to.
It’s common knowledge that the government spends every last penny that’s allocated for spending, so why you would sit here and lie that money taken by the government is taken out of the economy is beyond me. Every single penny that the government takes goes right back either through labor costs, contracting, or purchases. The stoopids is really strong with you today.
————–
Paul @ 1:14
You called it!!!
keith
March 1st, 2013
1:39 pm
BOSCH I would post links to videos of obama saying exactly that but you wouldnt believe it even if you say him say it. you could watch barack obama rape a child and you would swear it never happened.
Mick
March 1st, 2013
1:39 pm
keith
**STUPID LIBERALS.**
Feel better now? As if your hypocrisy is any better…
Paul
March 1st, 2013
1:39 pm
keith
You have a cite for Pres Obama’s executive order to close Gitmo?
Any idea why it wasn’t closed?
A whole bunch of us here are really, really interested to hear why it’s still open.
Can you please enlighten us?
Redcoat
March 1st, 2013
1:39 pm
Bloomberg said don’t worry, the USA has an infinite supply of money……..
barking frog
March 1st, 2013
1:39 pm
The Titanic was doing great, too bad people focus on the crash.**
…………………………………………………………………
it was the iceberg’s fault……..
They call me MISTER JamVet.
March 1st, 2013
1:40 pm
Capital gains is counted as income
And taxed at a fraction of the rate for earned income. The type that the makers (LOL) in this country earn.
We should heavily tax wealth/unearned income instead of heavily taxing human labor…
Marty Huggins'
March 1st, 2013
1:40 pm
Wow did we just get a rape a child comment?
I have seen some things on here that may take the award!
keith
March 1st, 2013
1:40 pm
The economy did well and unemployment was low through much of Bushes two terms until the housing bubble burst causing the 08 crash”
The Titanic was doing great, too bad people focus on the crash.
– See more at: http://blogs.ajc.com/jay-bookman-blog/2013/03/01/when-the-gops-tax-myth-collides-with-reality/?cp=3#comment-1248223
and the crash was democrats taking over congress.
alex
March 1st, 2013
1:41 pm
“…paradoxically,it is easier to construct a coherent story when you know little,when there are few pieces to fit into the puzzle.Our conforting conviction that the world makes sense rest on a secure foundation:our almost unlimited ability to ignore our ignorance”
D. Kahneman nobel prize winner in economics.
Thinking, fast and slow
Brosephus™ -What is your major malfunction, numbnuts?
March 1st, 2013
1:41 pm
I propose that, and I believe I have a rational mind. Why should ANY group get a “free ride” and pay no income tax whatsoever? A minimum 2% (or 5%) income tax is not going to cause anyone to starve to death.
You’re right about that middle of the road. However, you also might want to consider that those $10k earners also pay gas, food, shelter, and all other living costs WITH the associated taxes. Taking another 2% will likely do nothing but increase the welfare rolls.
“Be careful of what you ask for because you just might get it.”
–Thomas Jefferson
keith
March 1st, 2013
1:42 pm
keith
You have a cite for Pres Obama’s executive order to close Gitmo?
Any idea why it wasn’t closed?
A whole bunch of us here are really, really interested to hear why it’s still open.
Can you please enlighten us?
– See more at: http://blogs.ajc.com/jay-bookman-blog/2013/03/01/when-the-gops-tax-myth-collides-with-reality/?cp=3#comment-1248230
king barry never intended to close it. he made a promise to his idiot supporters because thats what you wanted. he was elected, made a big deal about signing the XO then forgot about it and you.
Erwin's cat
March 1st, 2013
1:43 pm
These are the most recent data available, indicating that every single income group is paying less of their income in taxes than at any point in the last 30 years.
How does this address Bohner’s comment? He didn’t cite individual taxes or tax rates, just that the govt has enough. Let’s see a list of the total revenues over the years collected by the fed…
Bosch
March 1st, 2013
1:43 pm
Paul! I chuckle to myself everytime I hear someone saying to “stop frakking!”
Paul
March 1st, 2013
1:44 pm
keith?
Gitmo?
I’m going to lunch so you should have plenty of time to tell us why it’s still open after [Obama issued an executive order to close it]
Peadawg
March 1st, 2013
1:44 pm
“BOSCH I would post links to videos of obama saying exactly that”
Then please do.
QE 4 EVAH?
March 1st, 2013
1:44 pm
• “Guantanamo will be closed no later than one year from now.”
This comes from comments to reporters after signing an executive order on his third day in office.
http://www.politico.com/news/stories/1012/81895_Page3.html
keith
March 1st, 2013
1:44 pm
i am very happy with sequestration. glad its going forward. just wish it were bigger cuts. MUCH BIGGER
Recon 0311 2533
March 1st, 2013
1:44 pm
The Titanic was doing great, too bad people focus on the crash. –
Continuing with that analogy who built the Titanic that crashed in 08. Now if you’re going to tell me that it was all GWB and the Republicans don’t waste your time responding.
Bosch
March 1st, 2013
1:45 pm
Good Lord! Gitmo? Seriously?
They call me MISTER JamVet.
March 1st, 2013
1:46 pm
…Boehner’s comment… that the govt has enough.
Not quite true, cat.
He said that the government has stolen enough.
Among honest adults, that is a significant distinction.
The man is an embarrassment.
Paul
March 1st, 2013
1:46 pm
keith
Saw your 1:42 after I posted my 1:44
I believe the proper phrase is… “You don’t have a frakking clue, do you?”
oh, Hi Bosch!
That’s one of the few times I’ll get personal, but the frakking situation was too good to leave alone.
203k man
March 1st, 2013
1:47 pm
Obama and Boehner are both idiots. With all of Obama’s pretty words, he doesn’t know how to negotiate. Reagan and Clinton were masters at it. Obama has created class warfare by using his power to jam his ideals down our throats and now the kneejerk reaction by Repubs is to fight. any and everything he presents…no matter how good the idea/solution may be. How did the fiscal cliff get solved? Getting Obama and Boehner out of the process, they are toxic together and dividing America. I’m a mod Repub and I’ll pay more in tax to help my fellow man, but I expect the other side to make concessions too.
keith
March 1st, 2013
1:48 pm
http://www.youtube.com/watch?v=skAOLejB4BA
SHOVEL READY JOBS. OOOPS Shovel ready wasnt as shovel ready as we expected. his own words.
getalife
March 1st, 2013
1:49 pm
Bosch,
Some of these cons think w was a great President so they are a lost cause.
Mr_B
March 1st, 2013
1:49 pm
“He lies all the time and people are on here supporting that liar. why???”
Possibly because some of us understand the difference between a projection based on incomplete economic data and a “promise”, and are also capable of recognizing economic improvement when we see it.
That’s just my speculation, though
Marty Huggins'
March 1st, 2013
1:49 pm
Brosephus™ -What is your major malfunction, numbnuts?
March 1st, 2013
1:41 pm
I honestly have no idea of the number. Let that be my first statement.
But wouldn’t anyone making 10k be eligible for “food stamps”?
If they are eligible then wouldn’t that mean many (this is the # I don’t know) would not be paying taxes on food?
If so is 2%-5% likely to put that many new members to “welfare” if many are already on the rolls?
Paul
March 1st, 2013
1:49 pm
QE 4 EVAH
We’ve heard from cons that his executive orders are illegal, he’s violating the Constitution, etc etc etc.
So why wasn’t Gitmo closed after he issued the order, hmmmm? What stopped him, hmmmm?
Erwin's cat
March 1st, 2013
1:50 pm
Jam I hear ya…..but as a good friend, I think you’ll regret not voluntarily paying your taxes… he should have said “extorted” instead of “stolen”
Kamchak ~ Thug from the Steppes
March 1st, 2013
1:50 pm
…by using his power to jam his ideals down our throats…
I have found that those who complain the most about having something jammed down their throats, are the same ones who will swallow anything.
QE 4 EVAH?
March 1st, 2013
1:50 pm
The one theme that repeatedly emerged in interviews was a belief that the White House never pressed hard enough on what was supposed to be a signature goal. Although the closure of Guantanamo Bay was announced in an executive order, which Obama signed on Jan. 22, 2009, the fanfare never translated into the kind of political push necessary to sustain the policy.
“Vulnerable senators weren’t going out on a limb and risk being Willie Hortonized on Gitmo when the White House, with the most to lose, wasn’t even twisting arms,” said a senior Democratic aide whose boss was one of 50 Democrats to vote in 2009 against funding to close Guantanamo. “They weren’t breathing down our necks pushing the vote or demanding unified action.”
http://articles.washingtonpost.com/2011-04-23/world/35230210_1_guantanamo-policy-guantanamo-bay-military-detention-center
Words, just words.
N-GA
March 1st, 2013
1:51 pm
Boehner is half right. If we fail to INCREASE taxes, we are stealing from America’s children, grandchildren and children not yet born.
keith
March 1st, 2013
1:51 pm
funny how the economy crashed shortly after democrats were elected to lead congress. also funny how back then its Presidential policy that drives the economy and today its congressional policy. liberal fools just turn 180s according to elections. its quite pathetic.
getalife
March 1st, 2013
1:52 pm
I was trying to figure out the costs for the taxpayers for the 85 billion a month on QE but it looks like it is ongoing for our President’s second term since the gop are fixated on cuts and not jobs.
Redcoat
March 1st, 2013
1:52 pm
I going out to eat catfish tonight……before midnight
keith
March 1st, 2013
1:54 pm
Boehner is half right. If we fail to INCREASE taxes, we are stealing from America’s children, grandchildren and children not yet born – See more at: http://blogs.ajc.com/jay-bookman-blog/2013/03/01/when-the-gops-tax-myth-collides-with-reality/?cp=3#comment-1248256
from the children and grandchildren of whom? Increasing taxes is govt theft of money we work for in order to give it to those like you too sorry to work. why steal from my kids and grandkids to give to yours just because you are too lazy to earn for yourselves?
Bosch
March 1st, 2013
1:54 pm
Gitmo. What next? A secret Obama army that’s gonna get their guns? Oh, I know, Obama was born in Kenya.
Redcoat
March 1st, 2013
1:55 pm
truth is such a relative term……….
Mick
March 1st, 2013
1:56 pm
keith
Very silly logic going on there…the dems took control of the house on 1/2007, the bubble was well on its way to burst before they walked thru the door…
keith
March 1st, 2013
1:58 pm
Recod numbers of people on welfare is not economic improvement. liberals have proven how well they lead in places like Detroit, Atlanta, California, Chicago. And they are using what they have learned in those places and are going national. The utter destruction of this country will happen if we follow their example.
getalife
March 1st, 2013
1:58 pm
The buck stops with w on the collapse.
He was right, the sucker went down.
Redcoat
March 1st, 2013
1:58 pm
Mick…….of course it was…..and since you knew that and they knew that……what happened?
They call me MISTER JamVet.
March 1st, 2013
1:58 pm
…he should have said “extorted” instead of “stolen”.
A silly, silly, silly non-difference.
Extortion (also called blackmail*, shakedown, outwresting, and exaction) is a criminal offense of unlawfully obtaining money, property, or services from a person, entity, or institution, through coercion.
We are a nation of laws. Violate the law, such as not paying your lawfully owed taxes, get prosecuted, convicted and you are a criminal. It is called being held accountable to the rule of law and American justice. (Unless of course you have enough money, then forget all that passe stuff about accountability and justice!)
They call me MISTER JamVet.
March 1st, 2013
2:00 pm
One other thing, cat. Do you favor taxes be voluntary in this country?
QE 4 EVAH?
March 1st, 2013
2:00 pm
Gitmo. What next?
Can’t handle the truth?
“Vulnerable senators weren’t going out on a limb and risk being Willie Hortonized on Gitmo when the White House, with the most to lose, wasn’t even twisting arms,” said a senior Democratic aide whose boss was one of 50 Democrats to vote in 2009 against funding to close Guantanamo. “They weren’t breathing down our necks pushing the vote or demanding unified action.”
He campaigned on ending the war and closing Gitmo. While the Iraq war raged on, he doubled down on the war in Afghanistan. Gitmo remains open thanks to his failure to convince 50 democrats.
0311/8541/5811/1811/1801
March 1st, 2013
2:00 pm
Paul:
“Just pointing out that whenever you go down your militia rabbit hole, the Supremes have declared it irrelevant in the current second amendment discussion.”
Irrelevant because the “individual right” is even more sacred than the “milita right” !!!
The “militia” was just another purpose. The “individual right” operates outside of the purpose.
That doesn’t change the historical fact as to why the militia was used in the 2nd Amendment as a “purpose”.
Following is a good synopsis of the ruling and the entire text if you wish to read them:
http://www.lawnix.com/cases/dc-heller.html (Synopsis)
http://www.scotusblog.com/wp-content/uploads/2008/06/07-290.pdf (Full Opinion)
“The prefatory clause “A well regulated Militia, being necessary to the security of a free State” merely announces a PURPOSE (emphasis added). It does not limit or expand the scope of the operative clause “the right of the people to keep and bear Arms, shall not be infringed.” The operative clause’s text and history demonstrate that it connotes an individual right to keep and bear arms.
The militia consisted of all males capable of acting together for the common defense. The Antifederalists feared that the Federal Government would disarm the people in order to disable citizen militias, thereby enabling a politicized standing army or a select militia to rule. The Antifederalists therefore sought to preserve the citizens’ militia by denying Congress the power to abridge the right of individuals to keep and bear arms.
This interpretation is confirmed by analogous arms-bearing rights adopted in state constitutions immediately preceding and following the Second Amendment. Furthermore, the drafting history reveals three proposals that unequivocally referred to an individual right to bear arms. Interpretation of the Second Amendment by scholars, courts, and legislators from ratification through the late 19th century also supports the Court’s interpretation.
No precedent forecloses this interpretation. United States v. Miller limits the type of weapons to which the right applies to those in common use for lawful purposes, but does NOT LIMIT (emphasis added) the right to keep and bear arms to militia purposes.”
getalife
March 1st, 2013
2:02 pm
They can’t close gitmo because of torture.
Sam
March 1st, 2013
2:02 pm
They do take a lot of my money Jay.
DannyX
March 1st, 2013
2:03 pm
“funny how the economy crashed shortly after democrats were elected to lead congress”
Funny how Republicans didn’t let W get within 50 miles of the the Republican Convention arena last summer. Why?
Bosch
March 1st, 2013
2:04 pm
And that’s the thing QE, it wasn’t him that failed to close it, it was the weenies in Congress. Democrats don’t vote lock step with their party.
Bosch
March 1st, 2013
2:04 pm
And that’s the thing QE, it wasn’t him that failed to close it, it was the weenies in Congress. Democrats don’t vote lock step with their party.
keith
March 1st, 2013
2:04 pm
anyone remember bush and mccain telling us fannie mae was in trouble? it was barney frank that denied it and prevented anything from stopping their collapse.
getalife
March 1st, 2013
2:04 pm
Because w and cheney are toxic assets for the gop.
Chip Shirley
March 1st, 2013
2:04 pm
Uneducated American Public Sinks Economy-
So tragic that we don’t know our true economic history and the taxation policies that made us great.
Here’s a great site to learn the truth…
Patriotic Economics-
http://PatrioticEconomics.blogspot.com/
Regnad Kcin
March 1st, 2013
2:05 pm
“If each paid $50 per year or $4 per month it would equal $1.9 billion into the coffers.’
One point nine billion dollars! Wer’e saved!
Marty, I see your point (i think) – the “skin in the game” argument, right? Paying more taxes is supposed to influence the way poorer folks look at government? With all respect, I suspect that’s just silly.
Bosch
March 1st, 2013
2:05 pm
Geez my laptop is FREAKING out!
Erwin's cat
March 1st, 2013
2:05 pm
One other thing, cat. Do you favor taxes be voluntary in this country?
Hadn’t really considered it, but maybe…It’s sorta like when the bill due at the local eatery and they have already included a tip….100% of the time, my voluntary tip would have been considerably more then what they added…but if they include it, I’m not more adding to it (out of principle)…so in that instance they lose
keith
March 1st, 2013
2:06 pm
obama never intended to close gitmo. it was a show for the dumbest of his supporters. many are on here now.
getalife
March 1st, 2013
2:06 pm
The economy collapsed on w’s watch because he was a horrible President.
No spin can bury that fact cons.
DebbieDoRight - Going Over The Fiscal Cliff In A Barrel, With High Heels On
March 1st, 2013
2:08 pm
Eventually, the masses rise up and take what they can’t get.
Its happened time and time again throughout history. I’m amazed that the people who are advocating for more riches for an oligarchy can’t see that.
=========
Yet if a Muslim proposed that, they’d be all over him for trying to impose Sharia on us.
Case in point, Bobby Jindal’s making public schools “voucher schools” and the giving out of 90% of Christian School vouchers — with 0% of Muslim schools getting in on the act.
======
Mick
March 1st, 2013
2:10 pm
keith
Please…blame it all on barney??? Ownership society anyone? Regulators looking the other way under whose watch? You live in a fantasy propagandized vacuum suking it all up! Snap out of it…
Peadawg
March 1st, 2013
2:11 pm
Y’all know keith is just trolling. Stop feeding the trolls.
0311/8541/5811/1811/1801
March 1st, 2013
2:11 pm
Some of you may be interested in this little known slice of our history. For example, more Georgians fought for King George during our Revolution than those who fought for George Washington.
Most people have no idea about how fractured our Revolution was or how narrowly we won. If it hadn’t been for the French we would all be British Citizens and part of the Commonwealth.
Following is a great list of the Tory units (Americans) that fought along side the British. After the war, many fled to Canada.
http://www.toriesfightingfortheking.com/ToryArmy.htm
Kamchak ~ Thug from the Steppes
March 1st, 2013
2:11 pm
anyone remember bush and mccain telling us fannie mae was in trouble?
And part of economic security is owning your own home. (Applause.) Part of being a secure America is to encourage homeownership. So somebody can say, this is my home, welcome to my home.
[...]
This means they will purchase more loans made by banks after Americans, Hispanics and other minorities, which will encourage homeownership. Freddie Mac will launch 25 initiatives to eliminate homeownership barriers. Under one of these, consumers with poor credit will be able to get a mortgage with an interest rate that automatically goes down after a period of consistent payments. (Applause.)
Fannie Mae will establish 100 partnerships with faith-based organizations that will provide home buyer education and help increase homeownership for their congregations. I love the partnership.
getalife
March 1st, 2013
2:11 pm
“Eventually, the masses rise up and take what they can’t get.
Its happened time and time again throughout history. I’m amazed that the people who are advocating for more riches for an oligarchy can’t see that.”
And we get socialism so the cons are making that happen.
getalife
March 1st, 2013
2:12 pm
Sorry pea,
No lies on this blog so keith will be destroyed by facuts.
Bosch
March 1st, 2013
2:13 pm
go ahead and posts those links keith. And don’t be so quick to assume.
Regnad Kcin
March 1st, 2013
2:13 pm
“obama never intended to close gitmo. it was a show for the dumbest of his supporters”
keith is the most amusing poster we’ve got! You go, keith!
St Simons - he-ne-ha
March 1st, 2013
2:14 pm
whoa, had a tax ‘mergency. I SAID i wasn’t doing taxes this year.
but nobody listens to me.
i like friday. Yall are some funny somb**es on here on Fri.
of course, taxes are currently unsustainably low for the operation of a
first world country, anybody knows that duh
getalife
March 1st, 2013
2:14 pm
“obama never intended to close gitmo”
He tried but they can’t be tried legally because of torture.
Redcoat
March 1st, 2013
2:15 pm
Did everybody know the USA has an infinite amount of money?
Madmax
March 1st, 2013
2:17 pm
Of course you can use Jay’s numbers to point out that the lower income groups have received most of the benefits of this reduction:
1st quintile 86% reduction in taxes
2nd quintile 54% reduction in taxes
3rd quintile 41% reduction in taxes
4th quintile 30% reduction in taxes
highest quintile 14% reduction in taxes
The result of this is while taxes have been lowered for all, the largest beneficiaries of this has been the lower end of the scale. I believe it was 2/3 of the “Bush/Obama” tax cuts were returned to the middle class and below which is why Obama embraced them. And this has been a significant part of the reason for our reduced revenues. We are pulling revenue from a shrinking taxpayer base so the impact of recessions on that upper level is more exaggerated than in the past. Putting 1 millionaire to work/out of work is more profitable/costly (from a revenue side analysis only) to the government that putting 1,000 people to work/out of work at $20,000 each. You can then form your argument around the benefits of each course of action (reductions in the cost/size of government, the compounding impact of the money from circulation, etc) depending upon your viewpoint. The fact remains that with a shrinking taxbase, we are more vulnerable as a society when we have this type of “progressive” taxation as we become dependant on the few.
Mick
March 1st, 2013
2:17 pm
pea
Sometimes its ok to bait, catch, then release a troll…
GT
March 1st, 2013
2:17 pm
What makes you nervous is always the question are these people on the right that stupid or are they liars. Either way they are dangerous, but you keep hoping there is a better explanation than what it looks like.
Bosch
March 1st, 2013
2:18 pm
keith,
Did you go to Duke by any chance?
Redcoat
March 1st, 2013
2:19 pm
Myth or Reality?………the USA has an infinite amount of money
MONA
March 1st, 2013
2:20 pm
Using the wingnut Tax Foundation as a source does not work. Funded by Kochs and Exxon just says REGRESSIVE FLAT TAX TO ME!!!!!
Doggone/GA
March 1st, 2013
2:20 pm
“obama never intended to close gitmo”
got proof?
Kamchak ~ Thug from the Steppes
March 1st, 2013
2:20 pm
Did you go to Duke by any chance?
HAHAHAHAHAHAHAHAHAHAHAHAHA!
getalife
March 1st, 2013
2:21 pm
“What makes you nervous is always the question are these people on the right that stupid or are they liars. Either way they are dangerous, but you keep hoping there is a better explanation than what it looks like.”
I believe conservatism is a mental defect in their dna they were born with. I believe the minds of these cons should be studied so our President listened and they will map the brain to find the defect and sell some pills for it.
Erwin's cat
March 1st, 2013
2:22 pm
Redcoat – Myth or Reality?………the USA has an infinite amount of money
since the USA prints it’s own money, I’d say reality….now if you had said “wealth” instead
They call me MISTER JamVet.
March 1st, 2013
2:23 pm
…the USA has an infinite amount of money…
Sounds like that prosperity theology that that charlatan Tilton preaches…
http://www.youtube.com/watch?v=me2H7Ja93Wg
skipper
March 1st, 2013
2:23 pm
Hey (click-click) an idea!
Give all the tax $ to the Dekalb School Board and watch the buffoonery mushroom!
okay.jokes are over.
We do need to reign in spending. They have enough coming in to make do……..
Look at the subsidies on ethanol, for example. We are wasting more $ on that than we should. All “fringe” programs should be discontinued. Trying to comply with epa regulations alone is costing more money than a country can print.
weetamoe
March 1st, 2013
2:23 pm
Top of the chart specifies federal taxes. Bookman conclusion/interpretation below chart is simply taxes-no modifier. The chart source is tax policy center. What sort of organization is that?
Just asking because I heard Obama say during the q&a after his speech today that he wants to avoid clarity when answering questions. That lack of clarity (like lack of transparency) seems to be the standard operating procedure of this administration and its operatives .
Doggone/GA
March 1st, 2013
2:24 pm
“Redcoat – Myth or Reality?………the USA has an infinite amount of money – See more at: http://blogs.ajc.com/jay-bookman-blog/2013/03/01/when-the-gops-tax-myth-collides-with-reality/?cp=4#comment-1248303”
Myth. Because if it was true, then the cost of everything would also be infinite.
Mick
March 1st, 2013
2:27 pm
redcoat
Yes, in theory we do and as long we keep getting to write the rules everybody plays by…
Kamchak ~ Thug from the Steppes
March 1st, 2013
2:27 pm
Trying to comply with epa regulations alone is costing more money than a country can print.
So let’s do away with ‘em and make the citizens of this country sick.
Makes perfect sense to me.
td
March 1st, 2013
2:28 pm
Bro,
Here is where your future furlough days are coming from:
“While the White House operatives may think this attack is clever, it betrays an astonishing elitism: the federal government is perfect and requires no reform. That is why they have no plan to make our government leaner and more efficient. The President had 18 months to develop reforms to improve the government, but instead he announced furloughs of federal workers as a political cudgel. Yet, his golf weekend at the yacht club with Tiger Woods cost taxpayers over a million dollars—enough money to save 341 federal workers from furlough,” Sessions writes. – See more at: http://www.weeklystandard.com/blogs/senator-obamas-golf-weekend-tiger-cost-much-341-federal-workers-furloughed_704915.html#sthash.i4qGFH0B.dpuf
Redcoat
March 1st, 2013
2:29 pm
“the USA has an infinite amount of money”…….. see Bloomberg’s Myth……wonder how many of our elites think this way?
DownInAlbany
March 1st, 2013
2:29 pm
keith
March 1st, 2013
2:06 pm
Many will do their crawfish imitation and say, “…well, that was on the campaign trail. I never expected him to close gitmo…or cut the deficit in half…or provide shovel ready jobs…or make the admin the most transparent in history…it was all just campaign rhetoric…not to be taken seriously…”
Steve
March 1st, 2013
2:30 pm
I’ve been saying this for years – wealthy Americans have gotten conservatives to starve government while they hoard their money.
getalife
March 1st, 2013
2:30 pm
“It depends on how long,” Mr. Bloomberg said on his weekly WOR radio show with John Gambling. “If it lasts a few weeks, no. If it does, yeah. We get 10 or 12 percent of our budget from the federal government, not all of that is going to be cut back, but there would be effects–not good effects. But in the context of, ‘Is anything going to change tomorrow? Are we going to run out of money tomorrow?’ I’m sure I’ll get that question at the [next] press conference. No.” Bloomberg
He bought into the government is run like a household budget but it is more complicated than that.
Household budgets do use credit to buy cars, houses, college, vacations, etc… and very middle class few pay cash .
The global economy is dependent on bank lending and revenue from the banks. If you learned anything from the collapse you should know this fact.
Peadawg
March 1st, 2013
2:31 pm
“Did everybody know the USA has an infinite amount of money?”
No. We just have a credit card with no limit.
Kamchak ~ Thug from the Steppes
March 1st, 2013
2:31 pm
Deficit?
Did someone just mention deficit?
Which brings us to the economic level. The deficits that Bush ran up in the years in which the country was teetering on the verge of a serious recession had the beneficial effect of righting the economy. In that sense, deficits not only didn’t matter, but were a force for economic good.
Translation: IOKIYAR
Redcoat
March 1st, 2013
2:32 pm
Steve……..I agree……wealthy hiding behind Rs and Ds……..
Doggone/GA
March 1st, 2013
2:33 pm
“No. We just have a credit card with no limit”
Not true. Our “credit card” is limited by the ability to sell our bonds. If other countries and companies stop buying, that’s when our limit hits.
td
March 1st, 2013
2:33 pm
Another evil corporation hording money instead of spending it.
SAN FRANCISCO — Google plans to cling to its bulging stash of cash to pay for potential acquisitions and other technology investments that might boost future profits, a top executive said Thursday.
Patrick Pichette, who oversees Google Inc.’s bank accounts as the company’s chief financial officer, explained the company’s rationale for hoarding $48 billion in cash during a technology conference hosted by Morgan Stanley.
“It serves the shareholder best to actually have that strategic ability to pounce” when there is the opportunity to make a major acquisition, Pichette said.”
http://www.washingtonpost.com/business/technology/google-cfo-says-company-keeping-48b-in-back-packet-for-possible-acquisitions-investments/2013/02/28/da38a138-81da-11e2-a671-0307392de8de_print.html
Ooops this is a Obama supporting corporation so it must be good for them to horde their cash.
TBS
March 1st, 2013
2:34 pm
“Ooops this is a Obama supporting corporation so it must be good for them to horde their cash. ”
Someone on this blog or elsewhere said that or is this one of your many, typical ASSumptions?
Mick
March 1st, 2013
2:34 pm
td
I guess once you become president you should just be a shut in and no vacations allowed??? Ridiculous…
Redcoat
March 1st, 2013
2:35 pm
If the government can “borrow” as much as they want……..why don’t they “borrow enough to make everybody rich?
getalife
March 1st, 2013
2:35 pm
“No. We just have a credit card with no limit.”
Yes but that could change like the EU so deficit reduction is on his agenda.
bman.
March 1st, 2013
2:35 pm
Has anyone lost their job today? I read somewhere that we could lose 170 Million jobs…i’m trying to keep count and charting it
0311/8541/5811/1811/1801
March 1st, 2013
2:36 pm
Peadawg:
It’s like the lady who went to the bank to cash a personal check and when the teller told her there were insufficient funds she said,
“That can’t be ……… I still have lots of checks !”
getalife
March 1st, 2013
2:36 pm
red,
That would be mooching.
Bosch
March 1st, 2013
2:36 pm
td,
Does Google lend money? Have they gotten a government bailout?
Redcoat
March 1st, 2013
2:38 pm
getalife………so it would be ok by you then?
django
March 1st, 2013
2:40 pm
When will the myth about obama actually cutting spending collide with reality. No one in their right mind believes that the biggest spending President in our nations history has any desire to do so….
ev
March 1st, 2013
2:40 pm
and how much has been eroded away due to inflation and over spending?
R. Livingston
March 1st, 2013
2:41 pm
Interesting point made earlier that the top 20% also pay 94% percent of the taxes – it’s true. But the writer’s point is shaky. He said that discredits Jay’s point about tax rates being lower, including on the wealthy. Here’s another number that shows why the wealthy paying a huge percent of income taxes doesn’t mean they’re overtaxed: The top 25% wealthiest Americans own 87% of the nation’s personal wealth. That’s astounding. When the wealth distribution in this country was more equal, the top 25% paid about 50% of income taxes.
td
March 1st, 2013
2:41 pm
Mick
March 1st, 2013
2:34 pm
td
I guess once you become president you should just be a shut in and no vacations allowed??? Ridiculous…
Is it not true that the President had just come off of a 2 week vacation in Hawaii? President’s should take vacations but when they are out talking about how many Federal employee’s are going to be furloughed then maybe they should make a few sacrifices themselves?
If I remember correctly, when Georgia was furloughing employees then the Governor, legislature and all the Department heads also took them to show shared sacrifice.
jhunt163
March 1st, 2013
2:41 pm
I just got here late to the party, but saw this in an earlier post and spit tea out my nose from laughing so hard.
Stiglitz, krugman, and many other esteemed economists……
DownInAlbany
March 1st, 2013
2:41 pm
bman.
March 1st, 2013
2:35 pm
Ask Maxine Waters, I bet she’ll know! She really seems to have a grasp of the numbers!
barking frog
March 1st, 2013
2:42 pm
Doggone/GA
Not true. Our “credit card” is limited by the ability to sell our bonds. If other countries and companies stop buying, that’s when our limit hits.
……………………………………………………………………………………………….
The Federal Reserve Bank can buy an unlimited amount of Treasury
Securities.
Doggone/GA
March 1st, 2013
2:42 pm
“No one in their right mind believes that the biggest spending President in our nations history – See more at: http://blogs.ajc.com/jay-bookman-blog/2013/03/01/when-the-gops-tax-myth-collides-with-reality/?cp=4#comment-1248321”
The President can only spend what Congress approves. So what you are REALLY saying is “the biggest spending CONGRESS in our nations history”
You just don’t know it and won’t admit it.
Mick
March 1st, 2013
2:42 pm
**the biggest spending President in our nations history **
Gooper myth, it has been busted here many times but if it makes you feel better to believe it, carry on…
Erwin's cat
March 1st, 2013
2:43 pm
TBS – Someone on this blog or elsewhere said that or is this one of your many, typical ASSumptions?
or maybe not…I can’t speak for the source though
http://news.cnet.com/8301-13578_3-57503053-38/microsoft-google-folks-are-top-sources-for-obama-funds/
JohnnyReb
March 1st, 2013
2:43 pm
Senator Jeff Sessions – Alabama reports that Obama’s golfing trip to rub elbows with Tiger Woods cost taxpayers the equivalent of 341 government furlough workers.
What’s that old saying about a thing coming back to bite you in the ass?
getalife
March 1st, 2013
2:43 pm
“getalife………so it would be ok by you then?”
No but you cons are moochers.
Marty Huggins'
March 1st, 2013
2:43 pm
Regnad Kcin
March 1st, 2013
2:05 pm
Sorry stepped away for a while.
If you feel the point was that 1.9 was anything more than a drop in the bucket…. Well I feel for you.
And no your other idea was incorrect as well.
I could give two rat nads if they get a sense of government.
Fact is each and everyone of us needs to contribute. In my opinion each and everyone of us needs to contribute more. You may disagree with that.
But I feel each of us who works and earns a paycheck in the United States owes an amount however small. We owe it as the government regardless of what anyone thinks does allow and provide for a condition in which we are all able to obtain and earn the wage we do.
Don’t care if you understand why or if any taxpayer understands why. But we all need to pay a little more. There are things that are essential to the economy that the government does provide for.
A discussion and debate can be had about the efficiency of the programs or even the ideas by which to implement the service entirely. But the services need to be there.
JohnnyReb
March 1st, 2013
2:44 pm
Bosch – is that really you? I want a full report.
td
March 1st, 2013
2:44 pm
Bosch
March 1st, 2013
2:36 pm
td,
Does Google lend money? Have they gotten a government bailout?
And what does that have to do with hording money? Progressives are ranting all the time on these blogs that government spending is better then private sector spending because they put all the money right back into the economy.
BTW: Is it not true that Google just received some huge tax breaks?
Mick
March 1st, 2013
2:45 pm
td
Hey it’s a tough job, it was presidents day weekend and besides the presidency is a 24/7 job, thats what they said when the previous guy was shuttling back to texas every other weekend…
DownInAlbany
March 1st, 2013
2:45 pm
JohnnyReb
March 1st, 2013
2:43 pm
But, but, but, Johnny, the President DESERVES his vacationS.
Doggone/GA
March 1st, 2013
2:45 pm
“The Federal Reserve Bank can buy an unlimited amount of Treasury
Securities – See more at: http://blogs.ajc.com/jay-bookman-blog/2013/03/01/when-the-gops-tax-myth-collides-with-reality/?cp=4#comment-1248339”
Buy them from whom? Federal Treasury Securities are bought and sold on. Someone has to buy them for them to be worth anything.
Kamchak ~ Thug from the Steppes
March 1st, 2013
2:45 pm
She really seems to have a grasp of the numbers!
Election night Karl Rove says, “What?”
DownInAlbany
March 1st, 2013
2:47 pm
Mick
March 1st, 2013
2:45 pm
td
Hey it’s a tough job, it was presidents day weekend and besides the presidency is a 24/7 job, thats what they said when the previous guy was shuttling back to texas every other weekend…
Hey, he should have known that when he applied for the job! Don’t whine about its rigor, now.
Isn’t that basically what RB was told this morning, in no uncertain terms?
Doggone/GA
March 1st, 2013
2:47 pm
“Fact is each and everyone of us needs to contribute – See more at: http://blogs.ajc.com/jay-bookman-blog/2013/03/01/when-the-gops-tax-myth-collides-with-reality/?cp=4#comment-1248349”
Well, you got your wish. Each and everyone of us DOES contribute. Now you can sleep easy.
barking frog
March 1st, 2013
2:47 pm
Doggone/GA
Buy them from whom?
……………………………………….
From the US Treasury.
td
March 1st, 2013
2:48 pm
Doggone/GA
March 1st, 2013
2:42 pm
“No one in their right mind believes that the biggest spending President in our nations history – See more at: http://blogs.ajc.com/jay-bookman-blog/2013/03/01/when-the-gops-tax-myth-collides-with-reality/?cp=4#comment-1248321”
The President can only spend what Congress approves. So what you are REALLY saying is “the biggest spending CONGRESS in our nations history”
You just don’t know it and won’t admit it.
I guess that means you are for a total shutdown of the government? Since the Dems in the Senate have refused to pass a budget or appropriation bills then it is either continuing resolutions (at spending levels the same as the last time Dems controlled both houses) or a total shut down of the government. Which one do you want?
DannyX
March 1st, 2013
2:48 pm
“If I remember correctly, when Georgia was furloughing employees then the Governor, legislature and all the Department heads also took them to show shared sacrifice.”
I do remember correctly, both Sonny Perdue and Nathan Deal have spent almost half their time in office traveling to foreign countries. Perdue should have bought a Bejing apartment he was in China so much, most likely making connections for his shipping business.
DownInAlbany
March 1st, 2013
2:48 pm
Kamchak ~ Thug from the Steppes
March 1st, 2013
2:45 pm
She really seems to have a grasp of the numbers!
Election night Karl Rove says, “What?”
But, Rove only missed it by a couple million! Waters on the other hand put the entire nation out of work! Say what?
TBS
March 1st, 2013
2:48 pm
EC
td’s assertion was that it was ok for Google to horde money because they were an Obama supporting company. I didn’t challenge the fact that they donated to Obama, but who asserted that it was ok because of blah, blah, blah. It was td who asserted it. No one else.
As for donations. You can go to opensecrets. Google gives more money to Democrats as a company. Through their various PACs they give about an equal amount to both parties
So I ask you, who asserted that it was ok because of blah, blah, blah?
SBinF
March 1st, 2013
2:50 pm
“Fixed percentages for income taxes, (10% for example, for easy math), for all wage earners. You make a $10 Billion a year, you pay $1 billion in taxes, you make $50 thousand a year you pay $5000 in taxes. Why complicate everything?, this is simple and everyone pays a fair share.”
Mitt, is that you?
Erwin's cat
March 1st, 2013
2:50 pm
So I ask you, who asserted that it was ok because of blah, blah, blah?
td?
Doggone/GA
March 1st, 2013
2:50 pm
“From the US Treasury”
And what backs them? They aren’t worth anything until they are sold and someone buys them. Which is what I said to begin with. When we can no longer sell our bonds (treasuries, whatever) then the credit limit has been reached.
TBS
March 1st, 2013
2:51 pm
“thats what they said when the previous guy was shuttling back to texas every other weekend… ”
Previous guy is off limits. He is only to be brought up if it is by someone on the right and in a favorable light.
Just an FYI: if those same people want to bring up any past Democrat President then it is a ok.
Kamchak ~ Thug from the Steppes
March 1st, 2013
2:51 pm
Waters on the other hand put the entire nation out of work!
No one went to work today?
You sure you wanna stand by that?
JohnnyReb
March 1st, 2013
2:52 pm
Someone please explain how California sends so many female whacko’s to Congress?
Nancy, Barbra, Dianne, Maxine, Henry (OK, I’m not sure about Henry’s true sexual orentation, but he acts like a girl).
Bosch
March 1st, 2013
2:52 pm
td
Because if they don’t beg for government money, who gives a crap if they hoard it or not. And if you can show me where anyone has ever written that government spending is BETTER than private spending, I’ll eat my shoe. I’m sure those quotes are right along with keith’s where Obama said he PROMISED all this
getalife
March 1st, 2013
2:52 pm
Yeah, 48 billion can bribe pols globally.
Don’t hate the player, hate the legal bribery system.
TBS
March 1st, 2013
2:52 pm
“td?”
Bingo. And by his non answer, I will say it was his usual typical ASSumption that he was attempting to project onto others.
Doggone/GA
March 1st, 2013
2:53 pm
“the Dems in the Senate have refused to pass a budget or appropriation bills then it is either continuing resolutions – See more at: http://blogs.ajc.com/jay-bookman-blog/2013/03/01/when-the-gops-tax-myth-collides-with-reality/?cp=4#comment-1248360”
A budget has no force of law, does not require the President’s signatur and is, essentially, a bit of “feel good” legislation that means NOTHING.
And they HAVE passed appropriations bills or the government would ALREADY be shut down. It isn’t, it’s still being funded.
Erwin's cat
March 1st, 2013
2:54 pm
Bingo. And by his non answer, I will say it was his usual typical ASSumption that he was attempting to project onto others.
well, there is that
Brosephus™ -What is your major malfunction, numbnuts?
March 1st, 2013
2:55 pm
Marty @ 1:49
I honestly have no idea of the number. Let that be my first statement.
But wouldn’t anyone making 10k be eligible for “food stamps”?
If they are eligible then wouldn’t that mean many (this is the # I don’t know) would not be paying taxes on food?
That’s one possibility. You may also wish to consider that you may have multiple people with small incomes sharing the same living space. Together, their incomes might be enough to keep them off welfare as it currently stands although they might qualify if they used their own incomes. If you take additional money, that might be the point that pushes them onto the welfare rolls.
It’s not something that’s black and white, cut and dry. There are too many different variables to catch every single possibility into such a small statement. I appreciate your honesty at the beginning of your statement. Far too many make themselves appear to be the “subject matter expert” when they don’t really know stuff. I’m probably guilty of the same thing, although I have no problem at admitting I don’t know everything about everything.
getalife
March 1st, 2013
2:55 pm
The cons still swallow every word from failed rw media and a failed party.
Their bs gets dumber every day from the stupid party.
This fact will not change.
DownInAlbany
March 1st, 2013
2:55 pm
Kamchak ~ Thug from the Steppes
March 1st, 2013
2:51 pm
Hey, I’m just repeating one of the looney left. Take it up with Maxine!
JohnnyReb
March 1st, 2013
2:56 pm
getalife – yea, we have the monopoly on stupid alright.
Redneck Convert (R--and proud of it)
March 1st, 2013
2:56 pm
Well, it’s a shame when the guvmint steals so much from us. Why, I heard the other day about a rich man that showed up at Whole Foods wearing just a pair of flip-flops and a cap. He paid so much in taxes he couldn’t even afford a towel to cover up his You Know What, which was drawing alot of stares from other people. I just hope he don’t run into that welfare queen with the six kids wearing Gucci loafers and Guess jeans and riding in a new Cadillac.
Anyhow, the boss down at the warehouse says we don’t need to worry about no sequester. People keep right on drinking beer even if they can’t afford it. They drink it to sellabrate and they drink it to drown their sorrows and they drink it for everything in between. I bet you half of the people on this blog have beer bottles piled up in the trash can next to their PCs. Got to have. It’s the only thing that could explain some of the posts I read.
Have a good p.m. everybody.
barking frog
March 1st, 2013
2:57 pm
Doggone/GA
And what backs them? They aren’t worth anything until they are sold and someone buys them. Which is what I said to begin with. When we can no longer sell our bonds (treasuries, whatever) then the credit limit has been reached.
……………………………………………………………………………………………………………
For example; Treasury issues a bond. Federal Reserve buys with a credit.
On this government asset the Federal Reserve can issue Notes(dollars)
and monetize the debt. This can be done infinitely. It is why Ron Paul hates
the Fed.
getalife
March 1st, 2013
2:58 pm
reb,
Still attacking women?
Your party passed the violence against women act so you can stop attacking women con.
QE 4 EVAH?
March 1st, 2013
2:59 pm
And that’s the thing QE, it wasn’t him that failed to close it, it was the weenies in Congress.
And the dem reps said:
“They weren’t breathing down our necks pushing the vote or demanding unified action.”
“They”=Obama
Doggone/GA
March 1st, 2013
3:00 pm
For example; Treasury issues a bond. Federal Reserve buys with a credit.
On this government asset the Federal Reserve can issue Notes(dollars)
and monetize the debt. This can be done infinitely. It is why Ron Paul hates
the Fed – See more at: http://blogs.ajc.com/jay-bookman-blog/2013/03/01/when-the-gops-tax-myth-collides-with-reality/?cp=4#comment-1248367
It’still like any other such kinds of bonds, it’s all paper until someone actually pays money for it. I’m very well aware of some of the fancy bookkeeping done in Washington, but the Fed is just one way to do it. If the Fed didn’t exist…alal RP…they’d just find another way.
Check into the history of the last “sequestration” bill passed and how they danced around to keep from actually have to “sequester” anything.
getalife
March 1st, 2013
3:00 pm
“getalife – yea, we have the monopoly on stupid alright. ”
Finally, the truth from reb.
Bosch
March 1st, 2013
3:01 pm
Reb,
Yeap, me in the flesh! I’m back Jack! Well, for now, but I’m thinking a map sounds good about now!
DannyX
March 1st, 2013
3:02 pm
” – yea, we have the monopoly on stupid alright.”
You sure do! Just look at last years national tour of freaks!
Bachmann, Cain, Perry, Santorum, Newt, and Santorum.
And that is just your presidential candidates!
Add to that Akin, Mourdock, Angle, Rush, Fox and Friends, Hannity, Broun, Robertson, Bush, Haggard, oh forget it, I don’t have time to list them all.
JohnnyReb
March 1st, 2013
3:02 pm
I think I posted this the other day, but what the heck it’s worth repeating.
Pinocchio, Snow White, and Superman are out for a stroll one day. As they walk, they come across a sign: Beauty contest for the most beautiful woman in the world. I am entering said Snow White. After half an hour she comes out and they ask her, Well, how’d ya do? First Place, said Snow White
They continue walking and see a sign: Contest for the strongest man in the world. I’m entering, says Superman. After half an hour he returns and they ask him, How did you make out? First Place, answers Superman. Did you ever doubt?
They continue walking when they see a sign: Contest! Who is the greatest liar in the world? Pinocchio says, This is mine. Half an hour later, he returns with tears in his eyes.
What happened they ask? Who the hell is Obama, asks Pinocchio.
Regnad Kcin
March 1st, 2013
3:02 pm
“But we all need to pay a little more. ”
Marty – totally agree with your conclusion, but differ on the reasoning.
getalife
March 1st, 2013
3:02 pm
“Check into the history of the last “sequestration” bill passed and how they danced around to keep from actually have to “sequester” anything.”
I doubt the cons will do any research but it is interesting and informative.
JohnnyReb
March 1st, 2013
3:03 pm
Bosch – what the heck you been up to? I seem to remember opening a business?
Bosch
March 1st, 2013
3:03 pm
QE,
So you gonna tell me next that “they” was born in Kenya? Because that’s what I’ve heard.
getalife
March 1st, 2013
3:04 pm
reb,
It was stupid the first time but you fit right into the stupid party.
Regnad Kcin
March 1st, 2013
3:04 pm
The President can only spend what Congress approves. So what you are REALLY saying is “the biggest spending CONGRESS in our nations history”
You just don’t know it and won’t admit it.
============
td: I guess that means you are for a total shutdown of the government?
====================
That td – a master of con logic…why do so many cons reason in this way (and I use the term “reason” loosely)?
barking frog
March 1st, 2013
3:04 pm
Doggone/GA
It is the” smoke and mirrors” of Government Finance and
extends to all the world.
Kamchak ~ Thug from the Steppes
March 1st, 2013
3:04 pm
Hey, I’m just repeating one of the looney left.
Really? Let’s go to the WABAC machine then and verify that, shall we?
DownInAlbany
March 1st, 2013
2:48 pm
Kamchak ~ Thug from the Steppes
March 1st, 2013
2:45 pm
She really seems to have a grasp of the numbers!
Election night Karl Rove says, “What?”
But, Rove only missed it by a couple million! Waters on the other hand put the entire nation out of work! Say what?
Now, in what part of that post are you “just repeating one of the looney left”, sport?
DannyX
March 1st, 2013
3:05 pm
“What happened they ask? Who the hell is Obama, asks Pinocchio.”
Obama is not the one with the Etch-a-Sketch!
DownInAlbany
March 1st, 2013
3:05 pm
Obama has continually warned us that the catastrophe of sequestration included cutting Meals on Wheels, Head Start, meat inspections, air traffic controllers, police, fire and 911 operators if the government reduces the rate of increase of federal spending by 2 percent. Since this two percent obviously covers all esential government spending, let’s cut the other 98 percent!
Bosch
March 1st, 2013
3:05 pm
Reb,
I did, which is why I’m not here anymore, but I will be, just have to get back n the groove, and I meant nap, not map.
JohnnyReb
March 1st, 2013
3:05 pm
getalife – glad you enjoyed it.
Kamchak ~ Thug from the Steppes
March 1st, 2013
3:06 pm
…but what the heck it’s worth repeating.
No, it really isn’t.
Redcoat
March 1st, 2013
3:08 pm
Doggone/GA………doesn’t the President sign those bills? They all want to be re-elected and spending is the easiest way.
JohnnyReb
March 1st, 2013
3:08 pm
Bosch – glad you will be here more often. The place has run rabbid Left in your absence. Granny and Kammie can’t keep them under control. You would think this is a Liberal blog !
Mick
March 1st, 2013
3:08 pm
reb
That was quite juvenile and not worthy for even that age group…stick to what you know and that is?
getalife
March 1st, 2013
3:09 pm
reb,
You are free to be stupid and a member of the stupid party.
Proceed reb.
Aquagirl
March 1st, 2013
3:09 pm
The cons still swallow every word from failed rw media and a failed party.
It cracks me up when td cites Jeff Sessions, like the good Senator actually sat down with a calculator and figured up costs on Federal workers.
More likely it was Sen. Session’s Chief of Staff, or Assistant Chief of Staff, or one of his two office assistants, or his Communication Director. But then they probably delegated the task to the Scheduler, Executive Assistant, or one of his several other various Assistants.
JohnnyReb
March 1st, 2013
3:10 pm
So it’s true, Liberals have no sense of humor.
They call me MISTER JamVet.
March 1st, 2013
3:10 pm
Don’t whine about its rigor, now.
Unless I am wildly mistaken, Obama is not whining about it, or anything else that I’m aware of.
The Obama haters however are endlessly whining about him. As in everything about him, his wife, his children, his past, present and future, what he does, what he doesn’t do, his vacations, wishing he went on more vacations, his appearances, his non-appearances, his speaking out, his not speaking out, his every sleeping and waking moment and of course that he had nothing to do with killing Osama bin Laden.
That doesn’t even begin to cover the derangement syndrome, but you get the idea!
Bosch
March 1st, 2013
3:12 pm
Reb,
Doesn’t look so rabid left to me…I mean, hell, you got your td, your keith, your Corporal, your jm, spouting off the same old crap. I feel I never left!
now….about that nap…
They call me MISTER JamVet.
March 1st, 2013
3:12 pm
Liberals have no sense of humor.
Which explains why 99% of the world’s most favorite comedians are………………..?
Doggone/GA
March 1st, 2013
3:13 pm
“doesn’t the President sign those bills? They all want to be re-elected and spending is the easiest way – See more at: http://blogs.ajc.com/jay-bookman-blog/2013/03/01/when-the-gops-tax-myth-collides-with-reality/?cp=5#sthash.moM5fGm1.dpuf”
Which bills? Budget? No Appropriations? Yes
BUT, if he vetoes an appropriations bill he vetoes ALL of it, so like ALL Presidents this one has to choose the lesser of 2 evils: veto it and shut down everything it applies to, or sign it and accept the things he doesn’t neccessarily want.
And the bottom line is: appropriations are intiated in the House. All this damn “cut spending” indiocy is being done by people who are basically saying “stop us before we do EVEN MORE STUPIDITY”
DannyX
March 1st, 2013
3:13 pm
“That doesn’t even begin to cover the derangement syndrome, but you get the idea!”
BENGHAZI!!!
Kamchak ~ Thug from the Steppes
March 1st, 2013
3:14 pm
So it’s true, the smoking gun was the mushroom cloud.
No, that’s not right…
So it’s true, we were greeted as liberators.
No, that’s not right either.
“What happened they ask? Who the hell is
ObamaBush, asks Pinocchio.”Redcoat
March 1st, 2013
3:14 pm
getalife…….you defined mooching as taking “borrowed” money from the government….so it must be ok then…….to be a moocher……right?
DannyX
March 1st, 2013
3:15 pm
“Which explains why 99% of the world’s most favorite comedians are…”
Well, Republicans do have Victoria Jackson. And of course last years presidential candidates.
They call me MISTER JamVet.
March 1st, 2013
3:17 pm
Danny, Ben Gazi is the ODS gang’s new Fast and Frumious Bandersnatch…
(Wasn’t he the guy in the Lewis Carrol poem Jabberwocky who dressed up like BHO and sold guns to the Mexican narcoterrorists? Or am I mistaken about that?)
Redcoat
March 1st, 2013
3:17 pm
Doggone/GA………..What happened to that “taking it one line at a time” talk I recall our President lured us with?
getalife
March 1st, 2013
3:18 pm
“EUROZONE JOBLESS HITS ANOTHER RECORD…
Italy hits 21-year high…
26.2% in Spain…
Britain slides toward new recession..” drudgey.
This is what the cons want.
They are self defeatists.
Never ever listen to a con and take them seriously.
getalife
March 1st, 2013
3:18 pm
red,
You are a moocher.
stands for decibels - Private Pyle has a full magazine that is locked and loaded
March 1st, 2013
3:19 pm
The Obama haters however are endlessly whining about him. As in everything about him, his wife
A.k.a. the “first battle axe”
appleseed
March 1st, 2013
3:20 pm
Seems buying power of $ would be more fair comparsion.It’s eroding fast.
Doggone/GA
March 1st, 2013
3:20 pm
“What happened to that “taking it one line at a time” talk I recall our President lured us with – See more at: http://blogs.ajc.com/jay-bookman-blog/2013/03/01/when-the-gops-tax-myth-collides-with-reality/?cp=5#sthash.3TLfUqCl.dpuf”
If you were dumb enough to believe that, I can’t help you. The President does not have any sort of “line-item” control and if you read the Constitution, he won’t ever have without a Constitution amendment.
In the middle
March 1st, 2013
3:22 pm
Haven’t read all the “rhetoric” yet. Just a completely amateurish blog. Jay presented a statement about “revenue” made in 2013, after the tax increases and only showed data through 2009, before tax increase. I suppose the intent was to show JB was wrong, However Jay you did not provide data in the correct period to support this. Very poorly done..
appleseed
March 1st, 2013
3:23 pm
i before s
Doggone/GA
March 1st, 2013
3:23 pm
“Just a completely amateurish blog”
Hey pro! blogspot.com is ready when you are
QE 4 EVAH?
March 1st, 2013
3:24 pm
So you gonna tell me next that “they” was born in Kenya? Because that’s what I’ve heard.
No, I’m telling you what the dem reps said. Obama and his advisors did not push to close Gitmo. Obama bit off more than he could chew. Now he and those who believed him will have to choke on it.
In the middle
March 1st, 2013
3:24 pm
If I were only paid to blog, what a dream.
They call me MISTER JamVet.
March 1st, 2013
3:26 pm
stands, regarding “Moochele”, most of our cons are pigs.
Doggone/GA
March 1st, 2013
3:26 pm
“No, I’m telling you what the dem reps said. Obama and his advisors did not push to close Gitmo”
Got proof?
getalife
March 1st, 2013
3:27 pm
The gop know austerity failed in Europe but want it anyway.
The gop are country last.
Doggone/GA
March 1st, 2013
3:28 pm
“stands, regarding “Moochele”, most of our cons are pigs.
– See more at: http://blogs.ajc.com/jay-bookman-blog/2013/03/01/when-the-gops-tax-myth-collides-with-reality/?cp=5#comment-1248422”
Why are you insulting pigs?
barking frog
March 1st, 2013
3:29 pm
in the middle
http://paidtoblogdaily.com -this may help…
They call me MISTER JamVet.
March 1st, 2013
3:31 pm
Why are you insulting pigs?
My bad…
http://www.youtube.com/watch?v=M0PzlXvmYpI
getalife
March 1st, 2013
3:33 pm
Finally, he suggested that austerity in a depressed economy may well be self-defeating even in purely fiscal terms: “Besides having adverse effects on jobs and incomes, a slower recovery would lead to less actual deficit reduction in the short run for any given set of fiscal actions.”
“So the deficit is not a clear and present danger, spending cuts in a depressed economy are a terrible idea and premature austerity doesn’t make sense even in budgetary terms. Regular readers may find these propositions familiar, since they’re pretty much what I and other progressive economists have been saying all along. But we’re irresponsible hippies. Is Ben Bernanke? (Well, he has a beard.) ” Krugman on Bernanke.
In the middle
March 1st, 2013
3:40 pm
I have decided to live my life like the federal government. I am going to go out and spend on anything I want without regard to my income or ability to pay it back. All businesses should support me because.
a. If I don’t have enough money to buy everything I want it is my employers fault not mine and I should be given unlimited credit to make up for my lack of ncome
b. If I stop spending as much as I want than all of the companies that I purchase products from will need to cutback, and we can’t have that.
I propose we make it a law that everybody in the country be given unlimited credit and be required to purchase well in excess of anything they can afford.
This will fix everything, right?
stands for decibels - Private Pyle has a full magazine that is locked and loaded
March 1st, 2013
3:41 pm
My bad…
That’ll do, pig. That’ll do.
http://www.youtube.com/watch?v=rjQtzV9IZ0Q
getalife
March 1st, 2013
3:43 pm
The facts are in, both parties agree it is horrible policy but lets do it anyway.
It is ignorant , self defeating and people will get hurt.
Insane.
Paul
March 1st, 2013
3:44 pm
“but does NOT LIMIT (emphasis added) the right to keep and bear arms to militia purposes.”
Oh, all right, Scout. Sigh… I’ll ask…
What are you going to do with this militia you keep on about?
March into a VA Hospital, yell Semper Fi and kill a bunch of doctors working for the tyrannical federal government?
Shoot up a control tower because the feds are taking over the airspace?
Break into a Centers for Disease Control research lab and kill the doctors because they’re working on germ warfare to let loose on the population when the tyrants give the orders?
or hopefully, you’ll just put on camo and pretend they’re BDUs and you’ll limit your guerrilla activities to running around the woods with a paintball gun -
In the middle
March 1st, 2013
3:45 pm
People are already getting hurt. But at least the POTUS can use this as yet another distraction to keep us from focusing on the real issues.
They call me MISTER JamVet.
March 1st, 2013
3:45 pm
http://blogs.ajc.com/mike-luckovich/2013/02/28/0301luckovich-cartoon-best-seller/?cxntfid=blogs_mike_luckovich
Ken
March 1st, 2013
3:46 pm
I see Obama ha his priorities . Talked about the economy five minutes and gay rights twenty minutes. Please leave while we still have a country.
They call me MISTER JamVet.
March 1st, 2013
3:47 pm
In the middle, are you one of those in the middle rabid Republicans?
Regnad Kcin
March 1st, 2013
3:47 pm
“Talked about the economy five minutes and gay rights twenty minutes. Please leave while we still have a country.”
Ken, you’re not as funny as keith, but keep trying!
In the middle
March 1st, 2013
3:47 pm
Paul- I plan on using my to repel zombie invaders. and……..if ever necessary, defend myself and my family which I pray never happens.
DannyX
March 1st, 2013
3:49 pm
“People are already getting hurt. But at least the POTUS can use this as yet another distraction to keep us from focusing on the real issues.”
In the middle, I’ll give you 2 whole cents for that post, where do I send it?
In the middle
March 1st, 2013
3:50 pm
They call me MISTER JamVet. – Not rabid at all, just have my values and beliefs, sometimes they go left and sometimes they go right. Depends on the topic.
In the middle
March 1st, 2013
3:50 pm
Send it to Wounded Warrior.
Mike
March 1st, 2013
3:50 pm
MUSIC PLEASE!!!!
stands for decibels - tired of taglines
March 1st, 2013
3:51 pm
“It’s not going to be an apocalypse … it’s just dumb.”
No sh-t, Sherlock. Why’d you feed this troll in the first place, Mr. President?
Why do you keep talking about “balancing” spending cuts and tax increases, and give weight to the Republican lie that we have a “spending problem?”
When are you going to admit that the centrists in your party are complete f-ckups and that the hippies have been right all along?
Really getting tired of this crap.
ITS ALL BUSH 'S FAULT
March 1st, 2013
3:51 pm
CONS will cave ….LOSERS…
dbm
March 1st, 2013
3:53 pm
First, we need to educate more people on philosophical fundamentals. In particular, we need to achieve a radical change in people’s thinking on what government is and what it should do. This will take time.
Then we can start moving government out of all the things it shouldn’t be in. This is the real cure for our problems with excessive government spending, taxes, and deficits. It will also free our economy from a lot of inefficiencies and distortions.
I just hope we can get all this done before the way things are now leads to catastrophe.
Guy
March 1st, 2013
3:54 pm
Revenue means nothing if wasteful and unnecessary spending is not stopped. Is that so hard to understand?
Doggone/GA
March 1st, 2013
3:56 pm
“Revenue means nothing if wasteful and unnecessary spending is not stopped. Is that so hard to understand? – See more at: http://blogs.ajc.com/jay-bookman-blog/2013/03/01/when-the-gops-tax-myth-collides-with-reality/?cp=5#comment-1248424”
And neccessary and needed spending it nothing without the revenue to support it. Is that so hard to understand?
In the middle
March 1st, 2013
3:58 pm
I became a fiscal conservative during my professional career. Started at the lowest level in a company and worked my way up the ol’ corporate ladder. I became furious when I saw how exec’s spent money without regard to the hard work that went into generating that money. I felt that the guys at the top had no consideration for the effort that the guys at the bottom went through, working overtime, weekends, holidays,bithdays and on and on while the top echelon spent the money that resulted from that work as if it were nothing. I have no respect for anybody that doesn’t appreciate the effort it takes to get money for the company or money for the governemnt.
If this makes me a rabid republican, than so be it.
DownInAlbany
March 1st, 2013
4:00 pm
ITS ALL BUSH ‘S FAULT
March 1st, 2013
3:51 pm
CONS will cave ….LOSERS…
If they say, no…they are the obstructionists. If they agree…they “cave.” Some folks just can’t win!
tom gambeski
March 1st, 2013
4:01 pm
16.5 TRILLION IN DEBT,47 MILLION ON FOOD STAMPS,REAL UNEMPLOYMENT 10.6 % MINORITIES 25%,1 TRILLION MORE DEBT IN 2013 WITH MORE ON THE WAY.
Jay,Stop with the fictional numbers game.
Anyone really interested in the truth should go to all the empty strip centers around this town and this country to find out the dismal condition our economy is in.
As long as you and your cohorts continue carry Obama’s water you’ll be considered by many as just another group of “useful idiots” and flunkies for the Democrat Party.
williebkind
March 1st, 2013
4:01 pm
Be careful conservatives you might get a an email stating you will REGRET talking bad about Obama.
Doggone/GA
March 1st, 2013
4:02 pm
“If this makes me a rabid republican, than so be it. – See more at: http://blogs.ajc.com/jay-bookman-blog/2013/03/01/when-the-gops-tax-myth-collides-with-reality/?cp=5#comment-1248447”
Well, I’m a “rabid Democrat” and I agree with everything you said. But I learned a long, LONG time ago that there’s nothing I can do about it. I’m working right now for a company I despise, but you know what? They pay me well and I do a good job for them because they do. How I feel about them has nothing to do with that. Time’s too short to waste it worrying about what I can’t control. Been there, done that. Never got a T-Shirt…but I have much greater peace of mind since I stopped that kind of worrying.
DownInAlbany
March 1st, 2013
4:02 pm
“I am not a dictator,” President Obama said Friday while defending his efforts to stop the sequester. “I’m the president.”
He keeps saying this. Who, exactly, is he trying to convince?
DannyX
March 1st, 2013
4:02 pm
“Be careful conservatives you might get a an email stating you will REGRET talking bad about Obama.”
REGRETZI!!!
Doggone/GA
March 1st, 2013
4:03 pm
“He keeps saying this. Who, exactly, is he trying to convince? – See more at: http://blogs.ajc.com/jay-bookman-blog/2013/03/01/when-the-gops-tax-myth-collides-with-reality/?cp=5#comment-1248452”
The people who keep saying he should be doing things that ONLY a dictator can do.
Erwin's cat
March 1st, 2013
4:06 pm
He keeps saying this. Who, exactly, is he trying to convince?
kinda like “I am not a crook”…or “I did not have relations with that woman”
Thomas Heyward Jr
March 1st, 2013
4:08 pm
Jedi Mind Meld?
.
What the………………
.
That proves that Obamao ain’t no American.
While we were watching Star Trek and Star Wars………………that Marxist was memorizing the 27 steps of the al-hudah.
.
lol and …………………….carry on.
They call me MISTER JamVet.
March 1st, 2013
4:08 pm
weeniebkind, Woodward’s histrionics are old news…
You guys need a new, even more impotent, poutrage about the leader of the free world that you despise…
barking frog
March 1st, 2013
4:11 pm
I don’t know why the debtboinkers don’t include all the unfunded
liabilities of the federal government like vet pensions and employee
pensions. This would give them a number with which they could really
scare themselves.
stands for decibels
March 1st, 2013
4:12 pm
youze guys know there are BOOZIE MUSIC SHEETZ up, right?
just checkin’.
TBS
March 1st, 2013
4:12 pm
“He keeps saying this. Who, exactly, is he trying to convince? ”
This guy maybe?
“You don’t get everything you want. A dictatorship would be a lot easier.” Describing what it’s like to be governor of Texas.
Bush
“I told all four that there are going to be some times where we don’t agree with each other, but that’s OK. If this were a dictatorship, it would be a heck of a lot easier, just so long as I’m the dictator,” Bush
“A dictatorship would be a heck of a lot easier, there’s no question about it, ”
Bush
Liberal Pariah
March 1st, 2013
4:13 pm
‘I am not a dictator’…Barack Obama on 3/1/13 COMPLAINING
Guy
March 1st, 2013
4:13 pm
Doggone,I meant increasin g revenue. You are right like always!
Liberal Pariah
March 1st, 2013
4:13 pm
Now that the Pope has stepped down, Obama is the only one who is infallible.
barking frog
March 1st, 2013
4:14 pm
JamVet
I think it is time to dispense with free in leader of the free world.
not much that is not free anymore and I think he is leader of that
portion also, so I believe it is leader of the world now.
stands for decibels
March 1st, 2013
4:14 pm
kinda like “I am not a crook”…or “I did not have relations with that woman”
Which would be great if Obama weren’t about the furthest thing from a dictator.
Whereas, well, Bill really did have sexual relations with that woman, and Nixon really was a crook.
headin’ back upstairs for a bit.
TM
March 1st, 2013
4:15 pm
If you do the math every one but the rich got a substantial tax break over the years, The bottom rate was reduced by 85%. Who paid for their tax breaks? ,
barking frog
March 1st, 2013
4:17 pm
TM
If you do the math every one but the rich got a substantial tax break over the years, The bottom rate was reduced by 85%. Who paid for their tax breaks? ,
…………………………………………………………..
government cutbacks…
They call me MISTER JamVet.
March 1st, 2013
4:18 pm
frog, prolly…
How about the leader of the kinda, quasi, sorta free world? LOL!
(Cue up the freedom ain’t free sayings!)
barking frog
March 1st, 2013
4:19 pm
JamVet -freedom’s just another word for nothing left to lose…
saywhat?
March 1st, 2013
4:22 pm
When people spend wastefully, for instance, like going out to Starbucks for coffee when they have coffee at home, or buying some knick-knack at Target that they don’t really need, do they then insist on not paying their mortgage, or their car payment, while asking their employer to dock their pay? Because that would be pure genius, wouldn’t it?
Brosephus™ - Mobile and Multitasking
March 1st, 2013
4:22 pm
td @ 2:28
Wow! Talk about looking for affirmation in an echo chamber… A right leaning paper has a quote from a right leaning congressman and you believe it with every cell of your body.
Did Sessions also acknowledge that Congress had 18 months to write and pass debt reduction legislation for Obama to sign? Had they given him such legislation that only needed his signature, then he would have room to point fingers. As it stands now, Congress has not done their job, so any blame resides with 535 jackasses, both right and left. If Sessions actually knew anything about the Constitution, he would not have pointed fingers. If you knew anything about the Constitution, you would not have quoted him.
Liberal Pariah
March 1st, 2013
4:23 pm
The Washington Tater Family
Obama as Dick-tater
Nancy Pelosi as Agi-tater
People Dems Say They Care About as Po-taters
Harry Reid as Iri-tater
John Boehner as Spec-tater
saywhat?
March 1st, 2013
4:24 pm
Liberal Pariah
March 1st, 2013
4:13 pm
Now that the Pope has stepped down, Obama is the only one who is infallible.
———————————————————
When asked after his first term if he had made any mistakes, Obama said he couldn’t think of any. Oh wait, that was Bush.
Liberal Pariah
March 1st, 2013
4:26 pm
At least the media asked Bush, something they don’t do with Obama. Probably because the one you worship is incapable of making any mistakes. Back atcha.
They call me MISTER JamVet.
March 1st, 2013
4:26 pm
frog,
For me, this song still has a mountain of emotional power connected to it…
http://www.youtube.com/watch?v=G3JnexsN4oc
saywhat?
March 1st, 2013
4:27 pm
Liberal Pariah
March 1st, 2013
4:23 pm
The Washington Tater Family
Obama as Dick-tater
Nancy Pelosi as Agi-tater
People Dems Say They Care About as Po-taters
Harry Reid as Iri-tater
John Boehner as Spec-tater
————————————
Republicans as Mathtabur-taters.
Liberal Pariah
March 1st, 2013
4:27 pm
We should sequester Congress and make them watch reruns of ‘Keeping Up WIth The Kardashians’ until they do their job.
They call me MISTER JamVet.
March 1st, 2013
4:28 pm
At least the media asked Bush…
Yeah, it only took them six years.
Talk about the liberal media (LOL) giving that screw up a free ride…
Liberal Pariah
March 1st, 2013
4:28 pm
say…good one
Liberal Pariah
March 1st, 2013
4:29 pm
Talk about a free ride for a screw up…Obama meet you fan club
They call me MISTER JamVet.
March 1st, 2013
4:32 pm
Obama is certainly a screw up. As noted a couple of days ago, he is a better Republican than George was. Bush was a screw up times 10. (But you already knew that!)
Community Organizer (with-no-desire-to-govern, little-care-for-high-unemployment, no-talent-for-leadership,-zero-desire-to-compromise-and-a-lust-for-making-my-enemies-pay) Obama
March 1st, 2013
4:34 pm
Obviously, Jay (who is no doubt lighting up his rockabilly decorated bong) is going to tell half the story. Brookings and Urban institute will help liberals, but what I get out of the graph posted is that before Obama, those in the lower quintiles were actually working, that tax revenue from THEM is what has dried up the most significantly, and that the big O cares nothing for their employment.
Besides, Boehner said nothing damnable. He simply said The myth:
“The revenue issue is now closed…. You’re talking about how much — you’re asking a question, how much more money do we want to steal from the American people to fund more government? I’m for no more.”
Jay pretends, as he always does, that he is countering bravely what Boehner has said. As usually, he’s just talking past him, amusing his liberal friends with an ancillary bit of information not relevant to what the Speaker said.
The other half of the story? ?
Here…
http://www.ntu.org/tax-basics/who-pays-income-taxes.html
Want to make sense of it? Then you’re a conservative.
Liberals don’t care.
Demagogue, demonize and call republicans selfish. That’s the theme here today..
Heck, that’s what liberals say everyday.
That Black Guy
March 1st, 2013
4:39 pm
Mick
March 1st, 2013
12:39 pm
woodstock
What about your prejudices? I really hate being lumped in with all the folks you demonize daily. I’ve
______________________________________________________
Mick, honestly, don’t you do that to “cons” everyday?
Kamchak ~ Thug from the Steppes
March 1st, 2013
4:43 pm
Demagogue, demonize and call republicans selfish. That’s the theme here today..
Heck, that’s what liberals say everyday.
Ann Coulter says, “What?”
Brosephus™ - Mobile and Multitasking
March 1st, 2013
4:44 pm
Slowly getting caught up but this is worth repeating.
All this damn “cut spending” indiocy is being done bypeople who are basically saying “stop us before we do EVEN MORE STUPIDITY”
Welcome to the Occupation
March 1st, 2013
4:52 pm
JamVet: “Obama is certainly a screw up. As noted a couple of days ago, he is a better Republican than George was. Bush was a screw up times 10″
You got that right comrade!
Welcome to the Occupation
March 1st, 2013
4:56 pm
Been away today. Hope I didn’t miss much.
How are my lib ilks and con ilks doing today?
keith
March 1st, 2013
5:15 pm
we dont have a spending problem? what planet are you on?
Welcome to the Occupation
March 1st, 2013
5:22 pm
keith: “we dont have a spending problem? what planet are you on?”
Kinda blew your mind, didn’t it?
Welcome to the Occupation
March 1st, 2013
5:31 pm
Keith: “we dont have a spending problem? ”
Well, we don’t have a spending problem of course.
But that doesn’t stop the 1% from putting out their propaganda to convince gullible people like you that we do.
As you can see, it works, Sucker born every minute.
liberal hack
March 1st, 2013
6:14 pm
Welcome to the Occupation. I bet you can get a flight to your kind of paradise to North Korea anytime you want to buddy…
Jay, those figures do not show how much in sales tax we pay, fees to maintain tags, property tax, state income tax, FICA taxes, ect… WE are the most overtaxed as a nation in our history. And you advocate a family of 6 making 30,000-40,000 should be paying 15% of their income to the Federal gov’t. Are you advocating that a small business owner who makes 2 million in sales pay 30% (Buffet rule) of it’s income to the federal gov’t.
Jay, there is a huge difference between an athlete or a CEO who earns 2 million a year in income and a small business owner who grosses 2 million in sales. You say tax them the same. that is not right, your only fix is to close loopholes, raise tax rates on everybody and you claim it’s fair. except for huge cuts in defense, I mostly agree with btw, and a little reform of Medicare and SS, you don’t really want budget cuts, you want a federal gov’t with a wide safety net redistributing large sums of wealth, controling 50% of the economy. You will kill this country that way.
Vast Right Wing Conspiracy (aka "Knuckle-Dragger")
March 1st, 2013
6:17 pm
This is so intellectually dishonest it is absurd (by the way, Jay, you probably should explain to your democrat faithful what a “quintile” is).
This may surprise you, but folks pay other taxes, also – state income tax (in most states), property tax, various types of ad valorem taxes, sales tax, various utility taxes; if I had a couple of hours I could list them all. Then there are the “opportunity cost” taxes, such as inflation, provided to us by geniuses like our president the imperial viceroy and his minions when they spend money like drunken sailors and have to have guys like Bernanke electronically create money to keep everything afloat. Have you noticed the price of cereal and the size of the box it comes in compared to seven or eight years ago (not to mention the price of gas)? There are also other taxes like private school, when you can not put your children in a local public school system (like DeKalb or Clayton) because it reeks. Now, we wanted our children in a Christian school, but many are just trying to escape a weak public situation. All this adds up. I am taxed too much. If I never paid another dime in taxes (unlikely), it would be too much.
Next, Jay, who are you to decide what the proper federal taxation percentage is? I think it should be five percent, at most. I am just as qualified as you to decide. President Reagan (Ronaldus Magnus, as Rush calls him) got a good thing going, and it should continue, if we desire the greatest chance for prosperity for all our citizens.
To summarize, you are wrong again, Jay. What a surprise.
keith
March 1st, 2013
6:37 pm
as long as liberals are saying yes mr president you are great, you are good in their daily prayer all is good. But the second one makes a monumental mistake like thinking for themselves their wrath is upon them.Bob Woodward has learned this. BTW Lanny Davis is backing woodward up, obama thugs threatened him too.
Kamchak ~ Thug from the Steppes
March 1st, 2013
7:28 pm
But the second one makes a monumental mistake like thinking for themselves their wrath is upon them.
Uninvited to the CPAC Chris Christie says, “What?”
Welcome to the Occupation
March 1st, 2013
9:22 pm
“Welcome to the Occupation. I bet you can get a flight to your kind of paradise to North Korea anytime you want to buddy”:
The inevitable taunt of the uneducated.
Gimme Gimme Gimme
March 1st, 2013
10:35 pm
Highest Quintile 1979 – 27.1 2009 – 23.2 = A Reduction of 14%
Lowest Quintile 1979 – 7.5 2009 – 1.0 = A Reduction of 750%
hmmmm…..it’s fun to play the numbers game.
NotFooled
March 1st, 2013
11:03 pm
Jay, you’re either a tool of capital destruction, or you are ignoring the very facts your present. The lowest 20% saw their tax burden decrease by 85% from 2000 (the last year of Bill Clinton’s tax and budget authority) to 2009. The 2nd quintile saw theirs decrease by 45% over the same time frame. The federal tax burden of the middle decreased by 33%. The 4th quintile saw theirs only decrease by 27%, and the top 20% only saw theirs decrease by 16%! So the poor are paying, thanks to Bush and the Republican Congress, a far lower percentage of their earnings, and received a far greater “discount” on their taxes. But the President is not asking anyone but the top 20%, who received the smallest reduction, to return to the 2000 tax rates. BTW, I am not in the top 40%, but I don’t believe in robbing at gunpoint another man who is more successful to pay my share. I guess you do. I am thankful for the sequestration cuts in spending, and they are fully laid at the feet of a greedy President who demands what he did not earn. Let every liberal donate 40% of their income to the Treasury and then at least they won’t be hypocrites when they ask for more from others!
Common Sense is Uncommon
March 2nd, 2013
8:48 am
Jay, your numbers only go through the Bush Administration! They actually point out how Bush did not favor the so called “wealthy”.
DawgByte
March 2nd, 2013
9:45 am
This is the most asinine article I’ve ready and the Kool-Aid drinker comments illustrate why liberals are commonly referred to among intelligent people as “Libtards”.
Obama has added $6.5T to the national debt and still does not believe Washington has a spending problem. It defies common logic and reality. Obama is a lying to the American people about the impact of the sequestration cuts. They represent a 2.2% decrease to a budget that has been growing by 17% since 2008. In 2013, this sequestration represents a total of $85B out of a $3.6T budget. That’s represents pocket change to a homeless person.
You people have no concept of the realities behind the direction you want this country to grow. I grew-up in a Socialist country and visited the Soviet Union during the height of Breshnev’s reign and I can tell you that your policies theories are barking mad.