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Old 04-06-2011, 10:29 AM
nei nei started this thread nei won $500 in our forum's Most Engaging Poster Contest - Thirteenth Edition (Jan-Feb 2015). 

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Location: Western Massachusetts
45,983 posts, read 53,485,386 times
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unless you're in the top 10% of income. These tax raises for most of will reduce federal revenue.

His original tax plan:

http://ctj.org/pdf/ryanplan2010.pdf
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Old 04-06-2011, 10:31 AM
 
Location: Raleigh, NC
20,054 posts, read 18,282,893 times
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Nothing like a little "social justice" website to give us the "facts".
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Old 04-06-2011, 10:35 AM
 
25,619 posts, read 36,701,448 times
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Standard leftist propaganda. No I didn't even read it.
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Old 04-06-2011, 10:37 AM
 
Location: Raleigh, NC
20,054 posts, read 18,282,893 times
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I like the simplified tax a lot. People could stop avoiding capital gains from the buying and selling of untraceable physical assets and return their money to the stock market where it would help produce jobs.
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Old 04-06-2011, 10:40 AM
 
Location: Tampa Florida
22,229 posts, read 17,855,263 times
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Why are people talking about this go nowhere "plan"?
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Old 04-06-2011, 10:41 AM
 
Location: Raleigh, NC
20,054 posts, read 18,282,893 times
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Quote:
Originally Posted by florida.bob View Post
Why are people talking about this go nowhere "plan"?
Just to show who's the real party of NO.
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Old 04-06-2011, 10:41 AM
 
45,582 posts, read 27,187,569 times
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Statements from the link...

The federal government would collect $183 billion less in 2011 and more than $2 trillion less over a decade than it would if Congress adopted President Obama’s tax proposals.

They don't know how much will come in because how much government receives is based on economic activity - and no one knows the future, who will win the next election and what changes in economic policies will take place.

The poorest 20 percent would pay 12.3 percent of their income more than what they would pay under the President’s proposal, while the richest one percent would pay 15 percent of their income less than they would pay under the President’s proposal.

The poorest 20% would not pay income taxes. So how will the pay more? Right now with the price increases on the basic necessities (due to QE1, QE2), they are already paying more. Gas is beyond double the price since Obama took office.
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Old 04-06-2011, 10:42 AM
 
Location: Florida
76,971 posts, read 47,629,107 times
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Quote:
Originally Posted by nei View Post
unless you're in the top 10% of income. These tax raises for most of will reduce federal revenue.

His original tax plan:

http://ctj.org/pdf/ryanplan2010.pdf
Not only taxes, but cost of health care too.
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Old 04-06-2011, 10:42 AM
 
69,368 posts, read 64,108,083 times
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Quote:
Originally Posted by nei View Post
unless you're in the top 10% of income. These tax raises for most of will reduce federal revenue.

His original tax plan:

http://ctj.org/pdf/ryanplan2010.pdf
From the link
Federal Government Would Collect $2 Trillion Less Over a Decade and Yet Require Bottom 90 Percent to Pay Higher Taxes

That was also the debt commissions suggestion.. Its called broadening the tax base..

And because you dont understand the math on this, (obviously).. this means those who PAY taxes get a cut.. and more of those who dont pay, will. THATS A PLUS IN MY BOOK
Quote:
Originally Posted by DRob4JC View Post
Statements from the link...

The federal government would collect $183 billion less in 2011 and more than $2 trillion less over a decade than it would if Congress adopted President Obama’s tax proposals.

They don't know how much will come in because how much government receives is based on economic activity - and no one knows the future, who will win the next election and what changes in economic policies will take place.
You caught that as well..

What this means is they computed Obamas RAISING of taxes, and then tried to say that lowering them is paying more..
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Old 04-06-2011, 10:43 AM
 
Location: Raleigh, NC
20,054 posts, read 18,282,893 times
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Quote:
Originally Posted by Finn_Jarber View Post
Not only taxes, but cost of health care too.
Would definitely benefit the purchasing of health insurance, as individual plans would begin looking for appealing vs. employer sponsored plans. Health insurance costs should not be subsidized anyway, unless it's all (individual included) or nothing.
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