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That pretty much the tax threshold change for the Alternative Minimum Tax that was instituted back in the 1980's to tax what at the time were considered "rich".
$200k is NOT $1Million or $1Billing no matter how you spin it.
Note: The above tax cuts would have added $6.6 trillion dollars to our deficits and national debt.
How do republican supply side tax cuts help America?
They create jobs. Usually the jobs are high quality ones that pay well and can sustain a family, keep them off of welfare, turn that family into a tax payer repaying the reduction to the corporation in increased income/other taxes at the federal, state and local level.
Now for this to work the economy needs to be predictable, business needs to know that they are not going to get gouged with further taxes/regulations. That is why Obamacare has been so bad for this nation, business does not know what is going on because Obama changes things on a whim, so business just sits on their reserves, does not reinvest and the economy stagnates.
Unlike bottom up economics where the welfare checks fund more low skill jobs like cashiers and waiters.
He could not be more correct. Republicans spit in the face of the poor, low income workers, middle class, and small businesses. And at the same time they hand out trillions of dollars to the rich.
Republicans oppose welfare for the poor, and they oppose high min wages for low income workers.
They oppose tax credits for low income workers.
They oppose long unemployment benefits.
They oppose healthcare for all.
I know from past conversations with you that you're pretty much in the tank too deep for recovery, but perhaps you missed this portion of my post that you quoted:
Quote:
Originally Posted by Me
Logical people (those you call "the right-wing") don't take umbrage at people simply because they're wealthy. The "left-wing" does. Why? I have no idea. Perhaps it's because that's what they're conditioned to do by their friends and those whom they respect that are in leadership positions.
Think about that a bit. Let it sink in, and then ask yourself exactly why it is that you despise people with a lot of money so much.
While you're partaking in that introspection, consider whether it's the size of their bank account that you despise so much, or their political positions, or what, exactly it is. If it's purely political, then you just feel hate for anyone who disagrees with you, regardless of their financial means. Those with big money are just easy targets for the lazy. If it's the money, ask yourself why you only attack those who disagree with you politically - I've NEVER seen you attack any of the extremely wealthy leftists, but you're ALL OVER anyone who identifies as Republican or conservative.
The double standards you demonstrate here are, sadly, par for the course on this forum, but that doesn't excuse your use of them.
This is no strawman. I want these graphs justified.
The right-wing has a blind adoration of the ultra-rich. I'm asking for a reasonable explanation.
" I'm asking for a reasonable explanation" First, no you aren't.
Second, have you quit beating your wife yet?
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