Hogwash

Decatur, GA

#1193 Nov 13, 2012
Aggie wrote:
@ anonymous
But, unlike Benghazi, no one died due to Watergate.
Benghazi was an attack that happened TO us, not a scandal perpetrated BY us. Give it up.
anonymous

United States

#1194 Nov 13, 2012
Hogwash wrote:
<quoted text>
Benghazi was an attack that happened TO us, not a scandal perpetrated BY us. Give it up.
Yeah Benghazi = Watergate
LOL

I wonder, since some folks seem to think it's somehow relevant to go back to Watergate, where Iran Contra would fit in to the equation?

Since: Jan 10

Location hidden

#1195 Nov 13, 2012
anonymous wrote:
<quoted text>
... So the notion that we just have got to give tax breaks to the top earners (I know y'all like to call them the "job creators"), or there'll be no jobs created, doesn't hold water.
...
>"The top income tax rates have changed considerably since the end of World War II....Additionally, the top capital gains tax rate was 25% in the 1950s and 1960s, 35% in the 1970s; today it is 15%. The average tax rate faced by the top 0.01% of taxpayers was above 40% until the mid-1980s; today it is below 25%....
... The reduction in the top tax rates appears to be uncorrelated with saving, investment, and productivity growth. The top tax rates appear to have little or no relation to the size of the economic pie.
However, the top tax rate reductions appear to be associated with the increasing concentration of income at the top of the income distribution. As measured by IRS data, the share of income accruing to the top 0.1% of U.S. families increased from 4.2% in 1945 to 12.3% by 2007 before falling to 9.2% due to the 2007-2009 recession. At the same time, the average tax rate paid by the top 0.1% fell from over 50% in 1945 to about 25% in 2009. Tax policy could have a relation to how the economic pie is slicedólower top tax rates may be associated with greater income disparities."<
Many things have changed since WW2, comparing tax rates with prior years is apples and oranges. One thing that I have no desire to research but would be interested in knowing the answer: what % of people paid NO federal income tax during the aforementioned years? All of the research projects I've been involved in (I'm a CPA and somewhat knowledgeable about corporate and personal taxes), I don't recall an analysis that showed how many actually "contributed"...

"The notion of tax breaks for the top earners", yep, you mean the ones that pay most of the taxes? What are tax breaks to someone who doesn't pay any taxes? WEALTH REDISTRIBUTION

"The share of income accruing (BTW, that is NOT a valid word, it should be EARNED) to the top 0.1%" and then the tax rates: what does earnings have to do with tax rates? Oh, it means the evil rich go to keep more of what THEY earned? It's almost another apples and oranges comparison, but I get the point you're trying to make...

Interesting you point out the capital gains rate reduction. Do you know how it benefited the revenue coffers? As someone that benefited greatly from capital gains treatment in the sales of a company, I can assure you I wouldn't have been so eager to put my investment at risk if the capital gains rate was 50% or so, the potential return wouldn't have made financial sense.

The top 10% of wage earners pay around 70%+ of all income taxes, around half the country doesn't pay any income taxes. If you took all of the income of the wealthy (not taxed it, TOOK 100% of it), it would only provide revenue enough to operate the government for a short period of time. We don't have a revenue problem, we have a spending problem. There's not enough tax payers and those that pay the taxes can't be taxed enough to get us out of this situation.

You need to watch one of those you tube videos about what a trillion is and how much money the government spends for a better analysis of the previous paragraph.

One final point: you (and others that don't understand how the tax system works, particularly those that complained about Romney's 14% tax rate) need to realize that all the rich people are playing by the same tax rules the rest of us are, our tax rates on ordinary income, and our adjusted gross income and capital gains rates are all identical. If you don't like the results, change the rules...

BTW, I appreciate your comments, but I won't be having a back and forth discussion with an unregistered poster. Too many of 'em not responding to questions, changing names, etc. Just not worth the time or effort.
Aggie

Cartersville, GA

#1196 Nov 13, 2012
So tell me, what exactly was the crime in Watergate that led to the resignation of Nixon. Was it the burglary? No, it was the coverup. And if you don't see a coverup in the Benghazi affair, then you are truly blind. How many versions over how many weeks have we heard? And now this latest with Petraeus only adds to the scandal. And it bears repeating that if Benghazi and the lies told by this Administration had occured under a Republican president, we would have heard nothing else for the seven weeks leading up to the election. It is truly a shame that the journalists we expect to seek out and report the truth are nothing but lapdogs to the Democrat agenda.
Hogwash

Decatur, GA

#1198 Nov 13, 2012
Aggie wrote:
It is truly a shame that the journalists we expect to seek out and report the truth are nothing but lapdogs to the Democrat agenda.
This is just another point repeated widely and loudly on the conservative websites. The "biased" media that LOVES Obama is ignoring the story.

The truth is, it's a non-story. That's why the media isn't all over it. Chaotic events occurred and information changed as it developed. There's also no doubt classified elements of it. It's just something that happened, NOT some massive cover-up or smoking gun.

The bubble has popped and the election is over. It's time for some of you to pretend your still living in this bubble of hate and lies. Really, get over it. It's unbecoming at this point.
Hogwash

Decatur, GA

#1199 Nov 13, 2012
Hogwash wrote:
<quoted text>
It's time for some of you to pretend your still living in this bubble of hate and lies.
Should have read: It's time for some of you to quit pretending you're still living in this bubble of hate and lies.
Aggie

Cartersville, GA

#1200 Nov 13, 2012
Hogwash wrote:
<quoted text>
This is just another point repeated widely and loudly on the conservative websites. The "biased" media that LOVES Obama is ignoring the story.
The truth is, it's a non-story. That's why the media isn't all over it. Chaotic events occurred and information changed as it developed. There's also no doubt classified elements of it. It's just something that happened, NOT some massive cover-up or smoking gun.
The bubble has popped and the election is over. It's time for some of you to pretend your still living in this bubble of hate and lies. Really, get over it. It's unbecoming at this point.
Your username is most appropriate.

“Marble Man”

Since: Jul 11

Dallas, GA

#1201 Nov 13, 2012
Hogwash wrote:
<quoted text>
Absolute hogwash.
BUSH created the deficit through the following means:
1. Two unfunded wars that cost a LOT.
2. Income reduction by cutting taxes, particularly on the top percent.
3. Income reduction by tanking the economy.
4. He necessitated bailouts by tanking the economy and deregulating banking and wall street. This cost a lot.
You don't get to set the house on fire and then pretend it's somebody elses fault just because your term ended.
Let me be clear - This is NOT a mystery. It's extremely obvious and basic. Pretending it isn't true isn't fooling anybody- it's just living in some alternative Republican reality. But everybody else under the sun gets it...
Wow, you really believe what you just posted?

“Marble Man”

Since: Jul 11

Dallas, GA

#1202 Nov 13, 2012
Bill in Dville wrote:
<quoted text>
Many things have changed since WW2, comparing tax rates with prior years is apples and oranges. One thing that I have no desire to research but would be interested in knowing the answer: what % of people paid NO federal income tax during the aforementioned years? All of the research projects I've been involved in (I'm a CPA and somewhat knowledgeable about corporate and personal taxes), I don't recall an analysis that showed how many actually "contributed"...
"The notion of tax breaks for the top earners", yep, you mean the ones that pay most of the taxes? What are tax breaks to someone who doesn't pay any taxes? WEALTH REDISTRIBUTION
"The share of income accruing (BTW, that is NOT a valid word, it should be EARNED) to the top 0.1%" and then the tax rates: what does earnings have to do with tax rates? Oh, it means the evil rich go to keep more of what THEY earned? It's almost another apples and oranges comparison, but I get the point you're trying to make...
Interesting you point out the capital gains rate reduction. Do you know how it benefited the revenue coffers? As someone that benefited greatly from capital gains treatment in the sales of a company, I can assure you I wouldn't have been so eager to put my investment at risk if the capital gains rate was 50% or so, the potential return wouldn't have made financial sense.
The top 10% of wage earners pay around 70%+ of all income taxes, around half the country doesn't pay any income taxes. If you took all of the income of the wealthy (not taxed it, TOOK 100% of it), it would only provide revenue enough to operate the government for a short period of time. We don't have a revenue problem, we have a spending problem. There's not enough tax payers and those that pay the taxes can't be taxed enough to get us out of this situation.
You need to watch one of those you tube videos about what a trillion is and how much money the government spends for a better analysis of the previous paragraph.
One final point: you (and others that don't understand how the tax system works, particularly those that complained about Romney's 14% tax rate) need to realize that all the rich people are playing by the same tax rules the rest of us are, our tax rates on ordinary income, and our adjusted gross income and capital gains rates are all identical. If you don't like the results, change the rules...
BTW, I appreciate your comments, but I won't be having a back and forth discussion with an unregistered poster. Too many of 'em not responding to questions, changing names, etc. Just not worth the time or effort.
The bottom line is simple, this administration has absolutely no actuarial skills whatsoever, and all of their fair share talk could not be farther from the truth. They define "fair share", as they see fit. They have no interest in fairness.

Since: Jan 10

Location hidden

#1203 Nov 13, 2012
Hogwash wrote:
<quoted text>
This is just another point repeated widely and loudly on the conservative websites. The "biased" media that LOVES Obama is ignoring the story.
The truth is, it's a non-story. That's why the media isn't all over it. Chaotic events occurred and information changed as it developed....
OK, another clueless and unregistered poster. Probably someone we've tried to have an intelligent conversation with. Maybe a member of the media, who knows?

No more for me...

Since: Jan 10

Location hidden

#1204 Nov 13, 2012
General Robert E Lee wrote:
<quoted text>
The bottom line is simple, this administration has absolutely no actuarial skills whatsoever, and all of their fair share talk could not be farther from the truth. They define "fair share", as they see fit. They have no interest in fairness.
+1

How many times have you seen me (or Synergy, who is not me, contrary to what some uneducated posters believe) ask someone to explain what a "fair share" would be and not receive a rational response? Also, the number of people spouting "fair share" when they don't know the difference between capital gain taxes and ordinary income taxes or that there are different rates? The POTUSA making comments about Romney's tax rate (which is based primarily on capital gains) vs. ordinary tax rates?

As far as the administration's actuarial skills (or lack thereof) are not only with the current administration. It goes way back, way, way back in some instances. If you want to have a chuckle, look back at what the original projections were for the cost of the Medicare program...
Aggie

Cartersville, GA

#1205 Nov 13, 2012
@ Bill in Dville
Thank you for responding so well to "anonymous" about the tax rates, I couldn't figure out where to begin and you did it beautifully.

Since: Jan 10

Location hidden

#1206 Nov 13, 2012
Aggie wrote:
@ Bill in Dville
Thank you for responding so well to "anonymous" about the tax rates, I couldn't figure out where to begin and you did it beautifully.
You're welcome.

It's really a shame that something so important and that impacts so many (income taxes) isn't well understood, another reason why I am a supporter of the FairTax proposal...

Now, get registered!

:)
Aggie

Cartersville, GA

#1207 Nov 13, 2012
Ah, the Fair Tax - if only.
(regarding registration, I have contacted the admins, because I did exactly what you suggested a year ago when I joined, but never received an email and didn't know enough to realize I should have. I'm waiting on a response.)

Since: Jan 10

Location hidden

#1208 Nov 13, 2012
Aggie wrote:
Ah, the Fair Tax - if only.
(regarding registration, I have contacted the admins, because I did exactly what you suggested a year ago when I joined, but never received an email and didn't know enough to realize I should have. I'm waiting on a response.)
Good luck!
sheriff hakell is a jakel

Lexington, KY

#1209 Nov 13, 2012
jone wrote:
sounds like these boys are part of the wasington bunch couldnt agree on what time to eat
i know when to eat soon as you spred them jone

Since: Nov 08

Location hidden

#1210 Nov 13, 2012
Hogwash wrote:
<quoted text>
This is just another point repeated widely and loudly on the conservative websites. The "biased" media that LOVES Obama is ignoring the story.
The truth is, it's a non-story. That's why the media isn't all over it. Chaotic events occurred and information changed as it developed. There's also no doubt classified elements of it. It's just something that happened, NOT some massive cover-up or smoking gun.
The bubble has popped and the election is over. It's time for some of you to pretend your still living in this bubble of hate and lies. Really, get over it. It's unbecoming at this point.
Just more liberal excuses for an unconscionable coverup. One must ask...would Benghazi have been a non-story if a conservative had been the president? Let me answer that for you. You libs would have been rioting in the streets. If you think otherwise, you are insane and just a "right" fighter.

Tell me. Just how do you KNOW for SURE that YOU aren't the victim of hate and lies? See, it's the liberal double standard that I'm always posting about. It's your constant attitude of "I'm right and they're wrong." Perhaps you should check YOURSELF before you get all self righteous. It's not becoming.

Since: Jul 10

Location hidden

#1211 Nov 13, 2012
Hogwash wrote:
<quoted text>
This is just another point repeated widely and loudly on the conservative websites. The "biased" media that LOVES Obama is ignoring the story.
The truth is, it's a non-story. That's why the media isn't all over it. Chaotic events occurred and information changed as it developed. There's also no doubt classified elements of it. It's just something that happened, NOT some massive cover-up or smoking gun.
The bubble has popped and the election is over. It's time for some of you to pretend your still living in this bubble of hate and lies. Really, get over it. It's unbecoming at this point.
Let's see Clinton Nor Petraeus will be testifing about what they know. If this were under a Republican President we would not be able no watch a T.V. show without the media breaking in every 15 minutes giving us an update. Now that the focus is on Petraus it's all over the news about him not about the Killings. A black man is contesting an election down in Flordia where there was 140% turn out in one county..140%!!! Where is the media? They are not there because he is a republican. If he had been a democrat we would not be able to watch a T.V. Show because of all the news breaks.
Hold On

Alto, GA

#1212 Nov 14, 2012
American Bulldog wrote:
<quoted text>
Let's see Clinton Nor Petraeus will be testifing about what they know. If this were under a Republican President we would not be able no watch a T.V. show without the media breaking in every 15 minutes giving us an update. Now that the focus is on Petraus it's all over the news about him not about the Killings. A black man is contesting an election down in Flordia where there was 140% turn out in one county..140%!!! Where is the media? They are not there because he is a republican. If he had been a democrat we would not be able to watch a T.V. Show because of all the news breaks.
Yet the liberals deny a media bias. The country is in diar straits and half the country is celebrating a failed president. Scary times indeed.
Common Sense

Douglasville, GA

#1213 Nov 14, 2012
General Robert E Lee wrote:
<quoted text>
Wow, you really believe what you just posted?
Do you really believe that sending troops and equipment halfway across the world for an extended period of time didn't cost money?

Do you really believe that an economic downturn of massive proportions doesn't lower revenue?

Do you really believe that asking taxpayers to send less money doesn't mean that there's less money coming in?

Do you really believe that having to pour trillions into failed wall-street schemes didn't cost money?

Really? Are you that clueless?

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