Good article>>>>please read

ssd

Registered User
Forum Member
Aug 2, 2000
1,833
47
48
Ohio
http://online.wsj.com/article/SB10001424052702303561504577497442109193610.html


Where we are headed considering no one in Washington wants to deal with the problem(s) we face as a nation.

I'm sick and tired of hearing about abortion and gay rights, etc. The country is facing a serious debt issue that needs to be addressed and the consequences of action and/or inaction will be directly felt by every citizen.

Solve the fiscal issues and the social issues will be easier to manage.

For the men and women in Congress, grow a set and be the leaders you were elected to be.
 

buddy

Registered User
Forum Member
Nov 21, 2000
10,897
85
0
Pittsburgh, Pa.
Rumor says the mindset of many is that abortion and gay rights are the only issues that matter.

Issues of morality seems to always hold the tromp card over economics.

I know, I know....the old argument of "Whose morality?"

What to do?
 
Last edited:

The Sponge

Registered User
Forum Member
Aug 24, 2006
17,263
97
0
When i see an article like this and read this line "The top 1% pay 37% of all income taxes and 50% pay none. " I know not to read anymore. Is anyone aware this so called 50 percent includes retired seniors as well as the military? Two groups who don't have to pay income taxes. Now what is that number? Do you know this so called misleading 50 percent pay real estate taxes, sales taxes, property taxes, state taxes, etc.., SDD lets just frame it where the top 1 percent pay for everything and the rest of us should be thankful they let us stay on the planet with them. Silly Fox news owned Wall Street Journal fear game
 

ssd

Registered User
Forum Member
Aug 2, 2000
1,833
47
48
Ohio
If you stopped there because you do not like one statement, then you missed out on a lot of good info.

Fact is 50% do pay nothing. You can break the facts out into military and retired, etc but 50% of the population pays no federal tax and that is becoming a serious drain on the nation. It is a problem that needs to be addressed.
 

buddy

Registered User
Forum Member
Nov 21, 2000
10,897
85
0
Pittsburgh, Pa.
... but 50% of the population pays no federal tax and that is becoming a serious drain on the nation. It is a problem that needs to be addressed.

Ain't gonna' happen. Any thoughts otherwise is wishful thinking. The horse has been long gone from the barn and is moving at full gallop. It's merely a matter of time.
 

Trampled Underfoot

Registered
Forum Member
Feb 26, 2001
13,593
164
63
If you stopped there because you do not like one statement, then you missed out on a lot of good info.

Fact is 50% do pay nothing. You can break the facts out into military and retired, etc but 50% of the population pays no federal tax and that is becoming a serious drain on the nation. It is a problem that needs to be addressed.

Too bad all of their jobs have disappeared overseas. Sure would be nice if they made some nice wages so we could tax them huh? I love it how some of you think these people have gotten lazy. So they have been forced to take minimum wage jobs because our government has fucked them in the ass and then you want to make them pay more in taxes. I love it.
 

ssd

Registered User
Forum Member
Aug 2, 2000
1,833
47
48
Ohio
I never called anyone lazy.

I'm not pointing fingers here.

Funny how the liberal members come in here with their panties in a knot and I have not stirred the damn pot one bit.

Whether you like the situation or not, this is the one we are in. You can kick and scream and cry like a little baby about not liking it but this is where we are..

Hopefully, people in Congress decide that bitching and crying and moaning isn't the answer and decide to try and fix some of it.
 

Trampled Underfoot

Registered
Forum Member
Feb 26, 2001
13,593
164
63
I never called anyone lazy.

I'm not pointing fingers here.

Funny how the liberal members come in here with their panties in a knot and I have not stirred the damn pot one bit.

Whether you like the situation or not, this is the one we are in. You can kick and scream and cry like a little baby about not liking it but this is where we are..

Hopefully, people in Congress decide that bitching and crying and moaning isn't the answer and decide to try and fix some of it.

That is exactly what you are doing. These poor people did it to themselves. Not our fault they have such shitty jobs. Oh and lets start taxing them more.

You are right. This is where we are. So who benefited from the shift? It wasn't the poor. So who should have their taxes increased? Yeah.
 

ssd

Registered User
Forum Member
Aug 2, 2000
1,833
47
48
Ohio
No, Trampled.

I am a realist.

I'm not blaming anyone except the political system for the woes of this country.

This is where we are......the time is now to either fix it or watch it all go kablooie.
 

Trampled Underfoot

Registered
Forum Member
Feb 26, 2001
13,593
164
63
No, Trampled.

I am a realist.

I'm not blaming anyone except the political system for the woes of this country.

This is where we are......the time is now to either fix it or watch it all go kablooie.

And you are missing my point. The poor should not be the one taxed. The elite should. They benefited from the change and now if you want it fixed they should pay. Sorry. The truth hurts.
 

The Sponge

Registered User
Forum Member
Aug 24, 2006
17,263
97
0
No, Trampled.

I am a realist.

I'm not blaming anyone except the political system for the woes of this country.

This is where we are......the time is now to either fix it or watch it all go kablooie.

Here realist lets see if you can learn something about your rightwing talking point you tossed out there like you always do. You are the poster boy for these rightwing talking poiints.


The canard that people don't carry their fair share is a trope that Republicans love to roll out, and the 47 percent figure is their favorite data point to support it.

But as I have been saying for some time now, the 47 percent figure, while technically accurate as it relates to federal income taxes, doesn't include what people do pay through the payroll tax, sales taxes, excise taxes, and all sorts of other levies . So here is a partial breakdown of how those other burdens fall on the population, courtesy of the Tax Policy Center and the Institute on Taxation and Economic Policy:

28.3 percent pay payroll taxes, which cover Social Security and Medicare.

10.3 percent pay no federal income tax because they are retired or elderly, and Social Security payments are not taxed. I can't imagine that Romney objects to this category.

It turns out that just 6.9 percent of people who are non-elderly don't pay income tax. That is a far cry from 47 percent. We are not, in fact, a nation of moochers, as Romney seems to suggest.

And here is a more important point: How does the burden of our tax system fall? Do the less wealthy really get off easy?

It turns out that tax payments are almost directly proportional to the income we earn when everything is factored in. Look at this chart:
Shares of total taxes paid by each income group were similar to their shares of total income in 2011.
Shares of total taxes paid by each income group were similar to their shares of total income in 2011. Citizens for Tax Justice.

Those who fall in the middle 20 percent of income earned pay 10.3 percent of all taxes and earn only a touch more than 11.4 percent of the income!

Those in the bottom 20 percent pay 2.1 percent of all taxes and earn only 3.4 percent of the income! And those in the top 1 percent?Occupy Wall Street's famous 1 percent?pay 21.6 percent of all taxes, but they earn 21 percent of all income!

The system may not be as crazy as any of the loudest voices want us to think it is. We are not a nation of panhandlers, or of cheats.

That being said, it is time for Romney to stop pointing the finger at those who get the benefits of government programs he is so quick to deride. A few of the wounded veterans who are getting health care at VA hospitals may not take so kindly to his flippant view of government help.

And by the way, Gov. Romney, your own 13.9 percent income tax still puts you well below what your colleagues in the top 1 percent pay. So stop complaining.

http://www.slate.com/blogs/spitzer/...ax_burden_is_proportionally_distributed_.html
 

ssd

Registered User
Forum Member
Aug 2, 2000
1,833
47
48
Ohio
Sponge:

What is your point?

Nice cut and paste, by the way - NO WAY IN HELL did you write that. Where did you pull that from?

The reality of the situation is the US is SCREWED.
Aside from the deficit, there are over $100 TRILLION in unfunded liabilities.

The FED is the primary purchaser of US debt currently - does that make any sense to you?

Once interest rates start to rise, the interest on the US debt increasing exponentially and eventually, the US defaults on it's obligations.

If you bothered to read anything about Gary Johnson or prior posts that I HAVE made, I think the current tax system completely sucks.

You read the the top 1% pay 37% of the federal income tax and 50% pay none and got your panties in a knot. That statement is not the sum and substance of the article.

The US is facing a severe fiscal crisis. If it is not addressed, the standard of living that everyone has enjoyed here in the US will be quickly gone.
It has taken many decades of neglect to get here - it will take sacrifice and work from everyone to fix it. Spending cuts, domestic and international and military as well as tax increases.....but no one wants to really roll of their sleeves and do the dirty work.

You can call me a rightwing hack or whatever makes you happy.....I really do not care. I wouldn't waste my time at a (D) or an (R) fundraiser or convention. They are not the answer.

Romney is not the solution; neither is Obama.
 

The Sponge

Registered User
Forum Member
Aug 24, 2006
17,263
97
0
Sponge:

What is your point?

Nice cut and paste, by the way - NO WAY IN HELL did you write that. Where did you pull that from?

The reality of the situation is the US is SCREWED.
Aside from the deficit, there are over $100 TRILLION in unfunded liabilities.

The FED is the primary purchaser of US debt currently - does that make any sense to you?

Once interest rates start to rise, the interest on the US debt increasing exponentially and eventually, the US defaults on it's obligations.

If you bothered to read anything about Gary Johnson or prior posts that I HAVE made, I think the current tax system completely sucks.

You read the the top 1% pay 37% of the federal income tax and 50% pay none and got your panties in a knot. That statement is not the sum and substance of the article.

The US is facing a severe fiscal crisis. If it is not addressed, the standard of living that everyone has enjoyed here in the US will be quickly gone.
It has taken many decades of neglect to get here - it will take sacrifice and work from everyone to fix it. Spending cuts, domestic and international and military as well as tax increases.....but no one wants to really roll of their sleeves and do the dirty work.

You can call me a rightwing hack or whatever makes you happy.....I really do not care. I wouldn't waste my time at a (D) or an (R) fundraiser or convention. They are not the answer.

Romney is not the solution; neither is Obama.

I didn't say i wrote that but those are facts which could be pesky things at times. The fact is that u don't want to give up your tax break so why complain about the debt? You put all these awful things Obama allegedly has done when the reality is his rise in debt is mostly Bush's bullshit and if you are to ignorant to admit this than no need going on. Bush put the wars, the prescription bullshit bill and the tax breaks all on a credit card and now the blackman is paying for them and amazingly it is he who is getting the blame for it. He did spend some money which stopped a depression but it was penny's compared to what Bush left him on the credit card. Those would be the fact. I really don't even like Obama but the utter lies thrown against this guy i feel a need to defend him. why should i continue to keep reading an article that has a bullshit lie right from the start? Murdoch owns the Wall Street Journal. The same Newscorp that is up to their ears in legal trouble over in the UK. This has nothing to do with being partisan and everything to do with getting the real truth out there. We need to borrow and spend right now with these interest rates at historical lows. Putting money in the pockets of the middle class is what stimulates an economy. Not sitting there hoping something will happen like Hoover did back in the day. That was disastrous. I am talking about a real stimulus and not some junk one paying to lower taxes again or pay for the ones that are in place today. What business owner who has a sane mind would have a problem with people having money in their pockets? I think u rather have Romney come in and buy your product than 100 middle class people doing the same thing. I never hadd a problem with people getting unemployment compensation extended. That money gets back into the economy and hopefully to my business. Unlike Mitts money over in the Cayman Islands.
 

ssd

Registered User
Forum Member
Aug 2, 2000
1,833
47
48
Ohio
Good luck, Sponge.

Fed bought 77% of all US debt issuance last year.

Good luck with historical low rates lasting.

Endgame is here for debt-ridden Western civilization.

Bush made Obama spend an additional $6 Trillion more than the US government took in?

Bush made Obama continue the war in Afghanistan?

Bush made Obama send troops to Libya?

Are you serious?

Does Bush sit in the attic of the White House and pull the strings on puppet Obama, too?

In case you can't read it right, I WANT THE TAX CODE REVISED. I DO NOT WANT TAX BREAKS FOR CORPORATIONS OR TAX LOOPHOLES FOR HIGH NET WORTH INDIVIDUALS TO EXPLOIT. I WANT THE FREAKING FAIRTAX.

I do not like Obama or Romney. I SUPPORT WITH MY CAMPAIGN CONTRIBUTIONS AS WELL AS YARDSIGNS AND A BUMPER STICKER.....GARY JOHNSON.....I KNOW YOU DO NOT LIKE HIM BECAUSE HE IS ANTI-UNION. BOO-FUCKING-WHO.
I'M SURE IF YOU TOOK THE TIME YOU COULD FIND A FEW THINGS THERE ABOUT HIM THAT YOU DO LIKE.

Just because the WSJ is owned by Murdoch, you think all they put out are hit pieces?

If so, you are more ignorant than you even come off as.


Go put your head back in the sand, Huff Post or Maddow will tell you when it is all clear.
 

WhatsHisNuts

Woke
Forum Member
Aug 29, 2006
27,583
1,004
113
50
Earth
www.ffrf.org
If you stopped there because you do not like one statement, then you missed out on a lot of good info.

Fact is 50% do pay nothing. You can break the facts out into military and retired, etc but 50% of the population pays no federal tax and that is becoming a serious drain on the nation. It is a problem that needs to be addressed.

So, in your opinion, squeezing water out of the rock is the answer? The fact that those that DO pay taxes are paying less than ever is not the real issue? Got it.
 

Skulnik

Truth Teller
Forum Member
Mar 30, 2007
20,922
125
0
Jefferson City, Missouri
So, in your opinion, squeezing water out of the rock is the answer? The fact that those that DO pay taxes are paying less than ever is not the real issue? Got it.
23104_512.jpg


Hey Retard, when are you changing your name?
 

WhatsHisNuts

Woke
Forum Member
Aug 29, 2006
27,583
1,004
113
50
Earth
www.ffrf.org
All out of answers Skul? Sucks when you're too stupid to explain any of your positions. Now, go watch TV so you can come up with something to say.
 
Bet on MyBookie
Top