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there NEVER was a true surplus....why cant you understand that
Because it's not true...
Quote:
Originally Posted by Smash255
We had a surplus from 1998-2001, debt increased as a result of the deficits the first few years he was in office, because it took several years to work off the deficits he inherited.
As far as the debt Obama has added, interesting that you include the 2009 budget into that, since that years budget was signed by Bush, and the vast majority of the debt that year came from programs, spending signed into law by Bush, not Obama.
I just know UE used to be only 13 weeks max..and they keep adding extensions
I don't know if it has ever been just 13 weeks, 26 weeks have been the base for quite a long time.
Extensions beyond the 26 weeks as we have had for the past two years is nothing new either. It has happened numerous times in the past, 02-03 being the last time prior to this downturn it was offered. The max then was 52 weeks.
We are going to see the lowest income taxpayers rate increase 50%
False.
how is it false...if the 01/03 tax cuts/credits expire,,as they will unless congress extends them, which they have YET to do...... the lowest bracket will go from 10% to 15%.....a 50% increase
lesson for the day:
what is 50% of 10%.......5%
if we were to take 10% and increase it by 50% of itself we would get 15% ........10+ (.50x10)= 10+5 = 15
I don't know if it has ever been just 13 weeks, 26 weeks have been the base for quite a long time.
Extensions beyond the 26 weeks as we have had for the past two years is nothing new either. It has happened numerous times in the past, 02-03 being the last time prior to this downturn it was offered. The max then was 52 weeks.
it was 13 weeks in 92 when I used it for about 3 weeks until I found a job
While 14.9 million people are out of work and everything else goes up, who cares? Even prices at Aldis, a discount, no frills, grocery store, have gone up. Obama's administration is boasting about the creation of 500,000 jobs by the middle to end of 2011. Wow. That leaves only 14.4 million jobs left to fill by the end of next year. While the rest of us have to take jobs, just to take them, instead of being able to return to our previous careers. Republicans lie? So do Democrats. It's rather obvious if you're paying attention to the whole, not just part. But this is just another fact that over time has fallen by the wayside, to lead to the current economic situation. And millions of displaced, unhappy, dissatisfied, Americans. A nation, of the minority, by the minority, for the minority. So with your wonderful tax cuts, help us, help you, help this country. Create some jobs. Or, just let it all go to hell.
Some of the above posts spouting Clinton and Bush is nothing more than deflection to the CURRENT, again, CURRENT situation. Nothing to do, or help, with our problems now.
Different perspective and new ideas are key.
Last edited by shroombeanie; 09-27-2010 at 12:08 PM..
how is it false...if the 01/03 tax cuts/credits expire,,as they will unless congress extends them, which they have YET to do...... the lowest bracket will go from 10% to 15%.....a 50% increase
lesson for the day:
what is 50% of 10%.......5%
if we were to take 10% and increase it by 50% of itself we would get 15% ........10+ (.50x10)= 10+5 = 15
You know something I don't know? In case you weren’t aware, the Bush tax cuts of 2001 and 2003 are set to expire at the end of 2010. Thus, if Congress doesn’t act, the relatively low income tax rates that we’ve been enjoying (hah! enjoying?) will soon be a thing of the past. They will be replaced by the pre-2001 tax brackets. In other words, the 10%, 15%, 25%, 28%, 33% and 35% tax brackets that we’ve grown accustomed to will be replaced by 15%, 28%, 31%, 36%, and 39.6% brackets. How about a link to some page stating that the Bush tax cuts are going to remain in effect. Is the 10% rate remaining?
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