Who Pays Income Taxes and how much

Here's the link.

Feel free to draw your own conclusions.

It's obvious that those wanting to "give" more to welfare, shrimp treadmills and green companies like Solyndra should pay more in taxes while those of us that believe the federal government has no business paying for those things should pay less.

dubob wrote:

voiceofreason wrote:

http://crooksandliars.com/brad-reed/breaking-americas-trickle-down-stockholm

One hundred percent pure liberal bullshit Pinhead. Mr. Reed, like you, is completely clueless.

Easy there Pencil Dick!!!!

Just like your above spew it's and Opinion... I know a Pencil Dick that can teach you the difference.

easy on the name calling gentlemen, carry on

let's get a real discussion going on instead of comparing their genitalia!

So taking money from those that have ambition, determination and a work ethic and giving it to those who are 3rd and 4th generation welfare recipients. How is that going to improve the economy. Last I checked they have provided any jobs. That article you listed forgot to mention all the jobs that Steve Jobs has created since he has been at apple. If anything there needs to be less taxes not only for the rich but also everybody else.

"And Yonni, as far as addressing VOR as a Pinhead, if it's good enough for Bill O'Reilly to describe individuals by deeds, words, or actions as either a Pinhead or a Patriot, then it’s good enough for me."


HA HA good to see you base your morals on what Bill O'Reilly says and does!!! Classic, but you are not a "sheeple" right pencilpud???


And Wah Wah Yonni if pencilpud can call me a pinhead I'll refer to him as pencilpud.

Now on to HB. It seems that lowering taxes on the HOARDERS has resulted in higher unemployment ONLY!!! What else has it accomplished???

The govt wants us to spend right, so the economy will improve. Then it doesn't make sense to make money away from those who have money to spend. You can't spend money if the govt keeps taking it away from you. Its simple math if you have money taken away from you, you have less money to buy and invest with. History has shown that when the tax rate is low the economy does well. History has also shown that when the tax rate is high especially on the rich the economy does poorly i.e. The Great Depression.

We live in a global economy where companies and individuals can buy and invest in foreign markets where they best see fit and where they will make the most profit. We as the United States are not going to attract any of those companies or people if we tax the shit out of them. They will just take their business somewhere else, thus Americans that are losing out on those jobs that could have been created.

HB. Unfortunately you are drinking the koolaid. Look at the
Tax rates under slick willy. Last time we had a surplus and
Low unemployment. FACT.

Look at what happened when the W tax cuts came in to effect
A short term bubble that popped and a deficit. FACT.

Tax rates are as low for the wealthy right now as they have
Been in 50 years. FACT. Where is the flourishing economy
And the jobs that follow your theory??

History over the last 30 years has PROVEN this. Not my
Opinion or that of someone like DoucheBob but historical
FACT.

Whats wrong with koolaid! Tax increases don't balance the budget because it just fuels more spending and more tax avoidance. Thus the govt doesn't get even close what it thought it would get. In the 1920's the indivdual tax rate fell from 73% to 25% and what resulted from that was the roaring 20's. The federal budget was balanced throughout the low-tax 20's, the huge tax increases of the 30"s coincided with large deficits. That being said Obama has spent more than tripled the deficit than when Bush was in office. Now I am not applauding Bush for anything but lower taxes help everybody. The less money you have to pay to the govt the more money in your pocket that you can spend on things that you want to buy and help companies whose product you choose to buy.

When a company has people buy their product it helps them stay in business thus allowing them to employ individuals. Who they then pay so those employees can go spend money. It a great cycle of life. If you want to give all your money to the govt then go for it, its your money. I on the other hand will figure out every legal way I can to make sure the govt gets as little money from me as possible.

Looks like DBagBob is taking his ball and going home.

Let me ask him which it is, since he brought it up. Is it a handful of millionaire's or is it anybody earning more than 67K per year???

Last I looked taxes actually went down for the latter group...

Ya see when the TeaLiban gets painted in to a corner it goes with the
slander, take my ball and go home, or just pull something out of the
good old starfish.

Either way history has witnessed EXACTLY what happens when a balanced
approach is not taken. You mentioned the roaring 20's well in October of 1929
the Devil came a calling didn't he... Once the sub prime mortgage gimmick
ran it's course the Devil came a calling again.

DBagBob may miss the underlying factor at work here... As long as those with the means have no incentive to do anything other than hoard cash it will sit.
It will sit now and it will sit every time the perfect storm we are in right now exists. Ya'll can spout all of your theories and wishes but the HISTORICAL FACT is right in front of your eyes. This economic theory ends the EXACT SAME WAY EVERY TIME

voiceofreason wrote:

HB. Unfortunately you are drinking the koolaid. Look at the
Tax rates under slick willy. Last time we had a surplus and
Low unemployment. FACT.

Look at what happened when the W tax cuts came in to effect
A short term bubble that popped and a deficit. FACT.

Tax rates are as low for the wealthy right now as they have
Been in 50 years. FACT. Where is the flourishing economy
And the jobs that follow your theory??

History over the last 30 years has PROVEN this. Not my
Opinion or that of someone like DoucheBob but historical
FACT.

You're leaving out the part where the GREAT OBAMACARE CLOUD and RED TAPE GODZILLA have frightened the shit out of those with money to invest. Those didn't exist prior to 2009.

VoiceOfTreason wrote:

"DBagBob may miss the underlying factor at work here... As long as those with the means have no incentive to do anything other than hoard cash it will sit.
It will sit now and it will sit every time the perfect storm we are in right now exists. Ya'll can spout all of your theories and wishes but the HISTORICAL FACT is right in front of your eyes. This economic theory ends the EXACT SAME WAY EVERY TIME"

When the government decides what businesses will live or die and 20 or more govenmental "oversight" bureaucracies have the ability to fine and/or shut down businesses on a whim that money will never be used to create jobs.
It was the federal government that promoted the housing bubble and banking meltdown by FORCING banks to lend to bad lenders and you can't deny that.
The only way out of our current situation is to shrink government, not grow it and if you believe otherwise then you are the Kool-aid drinker.

BASSY SAID
"When the government decides what businesses will live or die and 20 or more govenmental "oversight" bureaucracies have the ability to fine and/or shut down businesses on a whim that money will never be used to create jobs.
It was the federal government that promoted the housing bubble and banking meltdown by FORCING banks to lend to bad lenders and you can't deny that."

I agree and disagree with you here. You can blame the Govt. for Fannie and Freddy and helping / ALLOWING their part in all of this. But I counter that when the CRA came to be in 95 that the good times lasted until the financial institutions discovered that Fannie and Fred would be there to buy up all of the shit deals they wrote. Now how did this come to be?? Through Corp
lobbying and the financial community pushing politically to make it so.

So in essence you condone using taxpayer funds to buy shit loans from Citi. Wells and on and on? But we should have less regulations?? Read the Goldman Sachs transcripts, they knew exactly what they were doing..

DoucheBob I simply asked your stupid ass for one time when your, trickle down. supply side economic theory did not end in disaster. Can you pull your head out of your ass long enough to do that??? You Tealiban freaks are overly concerned about the deficit, well look in the mirror because its idiots like you that think you can make a positive out of a reduction. Every time it ends the same. See Reagan See Bush 1 See Bush 2!!! Every Time Not once, every
damn time. Oh I left Clinton out. Why??? Because he didn't believe this bullshit you are dumb enough to believe and left a SURPLUS. That's called historical fact DoucheBob!!! Not a Bill O'Rielly wet dream but a fact!!!

Please save me your razor sharp whit and just please provide me with the proof I asked for. Just one DoucheBob, just one.

And now the CEO of Coca Cola is saying that China is more business-friendly than the USA. Looks like Obama is "fundamentally changing America", just like he threatened.


"Mr Kent also pointed to Brazil as an example of an emerging economy that is making itself attractive to investment in ways that the US once did.

“They’re learning very fast, these countries,” he said. “In the west, we’re forgetting what really worked 20 years ago. In China and other markets around the world, you see the kind of attention to detail about how business works and how business creates employment.”


http://www.ft.com/cms/s/0/071f902c-e636-11e0-960c-00144feabdc0.html#axzz1ZC2aJvt3

Unlike DoucheBob I wont cut and paste the story to get Yonni greif.

But here ya go.

http://www.minnpost.com/ericblack/2010/10/14/22368/low_taxes_low_unemployment_sounds_good_but_no_truism

voiceofreason wrote:

Unlike DoucheBob I wont cut and paste the story to get Yonni greif.

But here ya go.

http://www.minnpost.com/ericblack/2010/10/14/22368/low_taxes_low_unemployment_sounds_good_but_no_truism

From your own article:

"State economies are complex things, he added, and “it’s a fools’ game when a [state] does well or does badly to credit it or blame it on any one thing,” Taylor said. He doesn’t doubt that tax climates play a role but “if low taxes were everything, Minnesota would have lost all its business to the Dakotas and Arkansas a long, long time ago.”

By the way, if you're wondering how North Dakota shows up on the ranking as a high-tax state, I suspect it is mostly about the money our neighbor is reaping from the oil boom. Energy producing states in general turn up in the high-tax, low-unhemployment end of the rankings."

"...recognize that low taxes are part of a broader set of what he calls “economic freedom policies” that lead to the good stuff.

He referred me to a ranking by the Pacific Research Institute of what it calls an “economic freedom” index, (pdf) which takes several of those factors into account. He says that nine of 10 states ranked as the most economically free have unemployment levels lower than the national average."

Here's an even better look at the overall relationship between economic freedom and unemployment:

http://townhall.com/columnists/johnstossel/2011/09/28/governments_dont_create_prosperity/page/full/

"Economic freedom is the key. The theory couldn't be more clear, and at this late date in human history, it shouldn't be necessary to rehearse the abundant evidence. Look at the various indexes that correlate economic freedom with economic growth. The healthiest economies are those with the most economic freedom. Unemployment is low in those places -- 3 percent in Hong Kong, 2 percent in Singapore, 5 percent in Australia

Alas, the United States places ninth, behind Canada, and those countries with the least economic freedom have few real jobs and no prosperity."