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TaxNoMore

Los Angeles, CA

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#44025
Dec 3, 2012
 
Dan the Man's astute observations

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Dan the Man
Hanover, PA

sez

Really?

It's fair that they pay 10% to 15% while the rest of us pay 30%?

Maybe you don't know the meaning of the word

"fair."

LOL!

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c'mon danny boy debate

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Federal Income Taxes on Middle-Income Families Remain Near Historic Lows

By Chuck Marr

Updated April 2, 2012

Federal taxes on middle-income Americans are near historic lows,[1] according to the latest available data.

That’s true both for federal income taxes and total federal taxes.[2]

Income taxes:

A family of four in the exact middle of the income spectrum will pay only 5.6 percent of its 2011 income in federal income taxes, according to a new analysis by the Urban Institute-Brookings Institution Tax Policy Center.[3]

Average income tax rates for these typical families have been lower during the Bush and Obama Administrations than at any time since the 1950s, as Figure 1 shows.

(As discussed below, 2009 and 2010 were particularly low because of the temporary Making Work Pay Tax Credit.)

Overall federal taxes:

Overall federal taxes — which include income as well as payroll and excise taxes — on middle-income households are near their lowest levels in decades, according to the latest data from the Congressional Budget Office (CBO).

http://www.cbpp.org/cms/index.cfm ...

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"If I Had A Son, He Would Look Like Jovan Belcher"

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"I do not lie" and "I'm not a racist"
TaxNoMore

Los Angeles, CA

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#44026
Dec 3, 2012
 
Feb. 23, 2009, following a

"Fiscal Responsibility Summit"

one month after his inauguration.

"Today I am pledging to cut the deficit we inherited in half by the end of my first term in office.

Now, this will not be easy.

It will require us to make difficult decisions and face challenges we've long neglected.

But I refuse to leave our children with a debt that they cannot repay, and that means taking responsibility right now, in this administration, for getting our spending under control."

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He said then that the nation’s $1.3 trillion deficit was the largest in the nation’s history.

That figure was mostly unchanged through fiscal year 2011.

In 2012?

It’s expected to be $1.1 trillion, according to the nonpartisan researchers at the Congressional Budget Office in an August 2012 report.

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Dan the Man's astute observations

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Dan the Man
Reading, PA

sez

Yep, we'll just sit back and demand the President does all the work, making proposal after proposal until he pleases us.

The GOP is a freaking JOKE.

Taxpayers need to get upset about this. They need to get active and demand that their congressmen do their damn JOBS.

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"I do not lie" and "I'm not a racist"
gringo

Philadelphia, PA

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#44027
Dec 3, 2012
 
Steelers 23
Ravens 20
gringo

Philadelphia, PA

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#44028
Dec 3, 2012
 

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TaxNoMore wrote:
Dan the Man's astute observations
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"Political correctness is a doctrine, fostered by a delusional, illogical minority, and rabidly promoted by an unscrupulous mainstream media, which holds forth the proposition that it is entirely possible to pick up a turd by the clean end."
Yeah, suck that Beck juice

No no I know what you're thinking I meant this as a metaphor

Or did I? Hahahha
Dan the Man

Shippensburg, PA

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#44029
Dec 3, 2012
 

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Krugman again hits the nail on the head...

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Operation Rolling Tantrum

Oh, boy. This isn’t going to end, even when or if a deal is reached on defusing the austerity bomb; John Boehner has just declared that he’s going to hold the full faith and credit of the United States hostage every time we hit the debt limit.

Nor will it be a case of holding the nation at gunpoint until it meets GOP demands; Republicans are signaling that they don’t intend to make any specific proposals, they’re just going to yell and stamp their feet until Obama soothes them somehow.

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He's exactly right.

This is how it's gone so far:

Obama — Let’s go with Plan A
John Boehner: Hahahahahhahaha! Get real!
Obama —Then let’s go with Plan A-1
Boehner — Unserryuz! Loser!
Obama — Ok, then, tell me just what you think is real and serious
Boehner — No, we wont tell you anything. Just keep proposing so we can shoot them down.

Keep it up wingnuts. This is a sure path to a Democratic majority in the House in 2014.
gringo

Philadelphia, PA

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#44030
Dec 3, 2012
 

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Hey Dave your damsel is in distress again....
Dan the Man

Shippensburg, PA

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#44031
Dec 3, 2012
 

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They are still certifying election results around the country.

Obama's lead continues to grow.

As of today:
Obama - 65,331,508 - 50.94%
Romney - 60,698,920 - 47.33%

So it turns out the 47% voted for Romney. How did that happen? LOL!
Actually

Quakertown, PA

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#44032
Dec 3, 2012
 

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Dan the Man wrote:
They are still certifying election results around the country.
Obama's lead continues to grow.
As of today:
Obama - 65,331,508 - 50.94%
Romney - 60,698,920 - 47.33%
So it turns out the 47% voted for Romney. How did that happen? LOL!
So? What's your point, other than to gloat?

Grow up, Danny BOY.
Dan the Man

Shippensburg, PA

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#44033
Dec 3, 2012
 

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Actually wrote:
<quoted text>
So? What's your point, other than to gloat?
Grow up, Danny BOY.
Nope, gloating's my entire point.

Romney lost the election in part by denigrating 47% of America, and he ended up with 47% of the vote. That ironic justice is simply too sweet NOT to comment on. LOL!
Dan the Man

Shippensburg, PA

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#44034
Dec 3, 2012
 

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Actually wrote:
<quoted text>
So? What's your point, other than to gloat?
Grow up, Danny BOY.
Funny that you address me in exactly the same way as Ted the WATB from Johnstown.

POW! Another hypocritically dishonest rightwing name-changer busted! LMAO!
Actually

Quakertown, PA

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#44035
Dec 3, 2012
 

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Dan the Man wrote:
<quoted text>
Funny that you address me in exactly the same way as Ted the WATB from Johnstown.
POW! Another hypocritically dishonest rightwing name-changer busted! LMAO!
I'm in Quakertown, not Johnstown. Sorry, Charlie.
Dan the Man

Shippensburg, PA

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#44036
Dec 3, 2012
 

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Actually wrote:
<quoted text>I'm in Quakertown, not Johnstown. Sorry, Charlie.
LOL! Sure you are.
Actually

Quakertown, PA

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#44037
Dec 3, 2012
 

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Dan the Man wrote:
<quoted text>
LOL! Sure you are.
Yeah, I am. Never been to Johnstown. I can't change my IP address, moron.
TaxNoMore

Los Angeles, CA

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#44038
Dec 3, 2012
 

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Dan the Man's astute observations

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Keep it up wingnuts.

This is a sure path to a Democratic majority in the House in 2014.

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Interest on the Debt Exceeds Spending for Many Programs

In 2011, the U.S. spent more on net interest—interest paid on publicly held debt—than it spent on many federal departments, including Education and Labor.

http://www.heritage.org/federalbudget/interes...

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Taxpayers need to get upset about this.

They need to get active and demand that their congressmen do their damn JOBS.
TaxNoMore

Los Angeles, CA

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#44039
Dec 3, 2012
 

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Dan the Man's astute observations

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Keep it up wingnuts.

This is a sure path to a Democratic majority in the House in 2014.

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On the other hand, abruptly implementing spending cuts or tax increases would give families, businesses, and state and local governments little time to plan and adjust, and would require more sacrifices sooner from current older workers and retirees for the benefit of younger workers and future generations.

In addition, immediate spending cuts or tax increases would represent an added drag on the weak economic expansion.

http://www.cbo.gov/publication/43288

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This is a sure path to a Democratic majority in the House in 2014.
TaxNoMore

Los Angeles, CA

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#44040
Dec 3, 2012
 

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Dan the Man's astute observations

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Keep it up wingnuts.

This is a sure path to a Democratic majority in the House in 2014.

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The federal government collected $2.4 trillion in revenue in FY 2012—which ended Sept. 30—or 15.8 percent of GDP.

Spending accounted for 22.8 percent of GDP at $3.5 trillion, according to the Congressional Budget Office.

This is the fourth year in a row where the deficit topped $1 trillion.

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This is a sure path to a Democratic majority in the House in 2014.
TaxNoMore

Los Angeles, CA

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#44041
Dec 3, 2012
 

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"If I Had A Son, He Would Look Like Jovan Belcher"

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"I do not lie" and "I'm not a racist"
TaxNoMore

Los Angeles, CA

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#44042
Dec 3, 2012
 

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When Does Obama's Plan Balance the Budget?

Hoyer:'I Don't Know'

Earlier this year after President Obama unveiled his budget for fiscal year 2013, which also promised $4 trillion in deficit reduction and failed unanimously in the House and Senate, Rep. Tim Huelskamp (R-Kan.) said it “never” balances the budget.

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This is a sure path to a Democratic majority in the House in 2014.

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"I do not lie" and "I'm not a racist"

Since: May 09

Location hidden

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#44043
Dec 3, 2012
 

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Right now is a bad time to be balancing the budget. That's a long term problem and we have too many short term problems.

The budget should have been balanced during the period of economic stability under Bush as it was under Clinton. I hate playing the old ex-presidents card, but this is one that republicans conveniently fail to mention when it comes to balancing budgets and the now ever-popular cliche "getting our fiscal house in order."

The fiscal house was hit by a Hurricane. You have to find temporary shelter before you can begin rebuilding.
TaxNoMore

Los Angeles, CA

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#44044
Dec 3, 2012
 

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Dan the Man's astute observations

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Taxpayers need to get upset about this.

They need to get active and demand that their congressmen do their damn JOBS.

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Earlier this year after President Obama unveiled his budget for fiscal year 2013,

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which also promised $4 trillion in deficit reduction

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and failed unanimously in the House and Senate,

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Rep. Tim Huelskamp (R-Kan.) said it “never” balances the budget.

.........

This is a sure path to a Democratic majority in the House in 2014.

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