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Excepting national defense and international treaties, which the States are constitutionally barred from acting on, there is absolutely nothing that the federal government does that a State cannot do better or more cost effectively or more efficiently.
And if the federal government would stop its rob Peter to pay Paul mentality, people would find they have more money and more services from provided by their State.
Now only if y'all operated with greater honesty and openness, as opposed to sneakiness. More telling of where the priorities are, and the attitude. Score one for ideological win, the country be damned.
It's funny that we have been having Government since what? the 1600's, give or take....and yet we are no better now. You would think after all this time America would have it down to a science and everybody would be proepering.
The we get a new president, and the first thing they all say is they have to undo what has been done before, yet 4 years is never enough they all claim they need more time....then in comes another president and he says the same thing.
Something is really wrong here, the people managing the countries finances are really not doing such a great job.....
Sorry, NOT WRONG, the top 400, people making over $200 million on average, only pay 18.1% of their taxable income toward Federal income taxes. FACT.http://www.irs.gov/pub/irs-soi/08intop400.pdf
Someone making $200,000 a year pays 19.6%
Someone making $500,000 a year pays 23.4%
Someone making one million a year pays 24.1%
Someone making two million a year pays 24%
Someone making five million a year pays 22.9%
Someone making ten million a year pays 19.8%
And the top 400, those Golden ones pay 18.1% Less percentage wise that someone making $200,000 a year.
People making
Quote:
Originally Posted by AeroGuyDC
Wrong. Nearly half the people in America pay zero income taxes. Rich people are largely the only group that IS paying. Look it up.
I comprehend far more than you. Reagunomics has been a failure. If handing out a never ending stream of tax cuts to the top earners was supposed to trickle down and spur growth when is that going to get started?
It is easy to see where we veered off course. Face it, Reagunomics CAUSED the current debt crisis. To BEGIN to fix the mess to to undo what Reagumonics did to tax policies.
Fixing the debt is not an overnight proposition, it is going to take years to resolve the follies of the past. But handing out more tax cuts to the wealthy is NOT going to fix anything. Did NOT work, never has. It is time to go back to the post-WWII tax structures that gave us a strong middle class and allowed us to "pay down" (albeit, through GDP growth) the post war debt.
Quote:
Originally Posted by Mircea
I get the distinct impression you don't have the ability to comprehend the numbers involved.
You could confiscate all of their wealth permanently, and you would still have a national debt over $13 TRILLION, and States and cities going bankrupt and bankrupt pension plans and you'll still run out of money for Social Security and Medicare.
FYI, as of 2004 the top 25%, the wealthiest 25% of US households owned 87% ($43.6 trillion) of the country’s wealth, while the bottom 25% held no net wealth at all.
It is easy to see where the money to pay off the debt is. We could pay off the debt overnight.
Raise the taxes on the rich back to where they were when Reagan took office;
Bring back the millions of factory jobs;
Close the offshore tax havens, Enron had 900 of 'em.
Simple,huh? Those old enough to remember the seventies will recall those great days when all of the above took place & the country ran wonderfully.
i will say that republicans have been a little dense on this issue and i wonder why. they need to cut the size of government, and they know it, but i am thinking that they like all those perks and freebies too.
we should start with the reduction of government and growth of the private sector-which produces the revenue that funds everybody.
1) tax breaks only for companies which stay within the united states
2) labeling products so people remember to buy american.
3) using some of that excess government land and buildings and letting people use it for free if they have a business plan which will generate jobs-for a finite period of time- and then they have to go implement it in the real world if it works.
4) control of illegal immigration or it won't matter what else we do.
5) start developing natural gas now. convert cars that want conversion and build stations. it would greatly reduce the cost of merchandise transportation in this country also.
6) drilling creates good paying jobs now.
7) eliminate the EPA.
8) cut 10% of government paychecks and funnel that money directly into job creation-even if it is infrastructure. i wonder if the government can live by the same rules that the private sector has to-call it a government tax back to the people.
9) implement projects smaller, instead of bigger, to see what actually works before you try it on a national level.
10) change the tax system-flat or fair tax, i don't care
11) audit the federal reserve and find out where the money is going.
12) bring our troops home and put them on the borders if we have to until immigration is controlled.
13) take away the power of the zoning people and allow businesses to flourish
14) no foreign aid
15) no immigration at all until our financial house is in order.
pretty much the opposite of globalism, i guess. when we get back on track, then issues could be revisited.
there are a lot of good ideas out there, but too bad nobody seems to use them. instead, we will just keep printing money until we see a collapse somewhere-and it will happen, only question is when.
let me add, factory rat, it is impossible to put the genie back in the bottle. those jobs aren't coming back, but we can create jobs here just as easy.
Indeed ... Have no fear that some of the liberal loons on ole CDF will ever look up any facts !!! What ! These blighters are bloody allergic to the word "FACT" !
floridasandy fer President Of Them Thar United States Of America !!! WHAT !
Quote:
Originally Posted by floridasandy
i will say that republicans have been a little dense on this issue and i wonder why. they need to cut the size of government, and they know it, but i am thinking that they like all those perks and freebies too.
we should start with the reduction of government and growth of the private sector-which produces the revenue that funds everybody.
1) tax breaks only for companies which stay within the united states
2) labeling products so people remember to buy american.
3) using some of that excess government land and buildings and letting people use it for free if they have a business plan which will generate jobs-for a finite period of time- and then they have to go implement it in the real world if it works.
4) control of illegal immigration or it won't matter what else we do.
5) start developing natural gas now. convert cars that want conversion and build stations. it would greatly reduce the cost of merchandise transportation in this country also.
6) drilling creates good paying jobs now.
7) eliminate the EPA.
8) cut 10% of government paychecks and funnel that money directly into job creation-even if it is infrastructure. i wonder if the government can live by the same rules that the private sector has to-call it a government tax back to the people.
9) implement projects smaller, instead of bigger, to see what actually works before you try it on a national level.
10) change the tax system-flat or fair tax, i don't care
11) audit the federal reserve and find out where the money is going.
12) bring our troops home and put them on the borders if we have to until immigration is controlled.
13) take away the power of the zoning people and allow businesses to flourish
14) no foreign aid
15) no immigration at all until our financial house is in order.
pretty much the opposite of globalism, i guess. when we get back on track, then issues could be revisited.
there are a lot of good ideas out there, but too bad nobody seems to use them. instead, we will just keep printing money until we see a collapse somewhere-and it will happen, only question is when.
let me add, factory rat, it is impossible to put the genie back in the bottle. those jobs aren't coming back, but we can create jobs here just as easy.
floridasandy !!! ... OUTSTANDING !
Dat floridasandy has nailed it ! Please run for President so we may easily vote out them thar current "Clueless Amatures" what
occupants the ole "Yankee WH ! What !
you are repeating a MEANINGLESS stat. SO WHAT? So, 50% of American are so poor that they don't make enough money to qualify for the honor of paying FEDERAL INCOME TAXES. GET A CLUE, they don't pay that tax because they are POOR. They do pay payroll taxes (at a higher rate than the rich), state taxes, local taxes, property taxes, etc...
52% make $30,000 or more. The secret is out, everyone making $30k pays taxes. SHOCKER, people living paycheck to paycheck at minimum wage DON'T pay Federal income taxes, HOW DARE THEY. You think the poor should stop eating so they can pay more while the uber wealthy can earn a few dollars more?
The 400 top earners pay 18.1% of the income toward Federal Income tax, while EVERYONE else down to $200,000 is paying a higher rate, as much as 25%.
yeah, GREAT POST there aero, real insightful...
Quote:
Originally Posted by AeroGuyDC
Wrong. Nearly half the people in America pay zero income taxes. Rich people are largely the only group that IS paying. Look it up.
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"TAX" The free handouts day bonkers lefty crew ! ... What !
Precisely !
These blighters are bloody allergic to the word "FACT" ! 
