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Then you're incredibly naive to think that's how things are going to get "straightened out". I can no longer pay any attention to anything you have to say about anything.
I am going to go to my room and cry into my pillow and I am not talking to you until you say sorry!
I agree with that. AND slash the extra spending started under Bush for education (no child left behind) and the prescription drug benefit. And every other new program started since 1990.
Amen!!
Let's also prune the rediculous unemployment and welfare/food stamp fiasco while we're at it. Flat tax, flat tax, flat tax, flat tax...everybody
While we're at it let's also make usery student loans applicable to bankruptcy protection. Watch all those tuition fee's start coming down and the predatory lenders pee in their jack boots.
The income tax, estate tax, and AMT are all examples of taxes peddled to the people as taxes upon "the rich" which came back to bite the middle class in the backside.
Have to disagree with you about capital gains taxes and carried interest being "freebies to the richest of the rich". These taxes hit anyone in the middle class who attempts to invest their money to work for them as well as retirees on fixed income selling off their investments to cover daily living and medical expenses.
Here's some honesty about Obama's tax speech (no cuts...just extention of his current rates along with hikes) Obama
I believe a lot of tax law was designed to be periodically revisited and revised, then the political climate became crazy and taxes are a no-go zone, and here we are today!
A 90% rate on income over 250k would be fine with me, thank you. That's Eisenhower-era style.
Now leave me alone, I have to go cry in my pillow because Ed doesn't like me.
Because you don't earn 250k obviously. Just wait, once they steal the beef the only thing left are the chickens. You know who the chickens in the room are, I'm sure. Look in the mirror, chicken wings.
This cuts to the heart of it. And when revenues fell into the mid teens, we launched two massive wars. How is it that we cannot get back to 20-22% until we clean up the fiscal overhang caused by the war on terror and the housing bubble? How is that a socialist outrage? It is pure common sense. Just like you work overtime to pay for a summer vacation or a daughter's wedding. You don't stop feeding the other kids to make ends meet.
Here is the insulting thing. Americans can and will sacrifice for our country, we always have when we had to, but our political leaders are not leading us in worthwhile efforts, but pandering shamelessly all the time. Kids lost their lives in the wars, but the typical American got a fat tax break. How is that right?
Because you don't earn 250k obviously. Just wait, once they steal the beef the only thing left are the chickens. You know who the chickens in the room are, I'm sure. Look in the mirror, chicken wings.
Actually, even if I earned 250k, a tax on wealth greater than 250k would not effect me. A tax on 250k probably wouldn't actually affect me until 300k because of AGI, and even then, it would only affect income ABOVE the 300k. I can live with that. You do not seem to get this. You do not understand tax policy. You are not the beef either, Foghorn.
Actually, even if I earned 250k, a tax on wealth greater than 250k would not effect me. A tax on 250k probably wouldn't actually affect me until 300k because of AGI, and even then, it would only affect income ABOVE the 300k. I can live with that. You do not seem to get this. You do not understand tax policy. You are not the beef either, Foghorn.
EXACTLY Sherlock... I'm one of the chickens too. EVERY TAX HIKE will affect most tax payers in the short term. Once a tax is initiated it rarely ends. In the long term it only gets reduced making all us chickens feel so special that we got a break, which was usery (stealing) only a few years earlier. When taxes go above 50% you are officially a slave, BTW!
Speak for yourself and start writing a check to the IRS, who will hand it to the FED, who will print money, to feed the need of politicians to spend... on things like alcohol consumption of Chinese whores, and mating habits of snails. It'll be used to line the pockets of lobbyists who make 1000% profit on every dollar invested, as they become favored by faux legislation favoring their industry. Can you say Solyndra?
I understand policy better than you, obviously.
You must crave crackers.
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