Ironically, it's the same people that complain when the stock market performs poorly, due to a lack of consumer confidence. It never occurs to them that the consumers might not have any confidence because they don't have any freaking money, because it all went to the richest five percent in the form of tax cuts.
Saturday, July 17, 2010
Because the GOP Cares For Us
This is so bitterly true, as many families are finding out, (cartoon by the talented Stuart Carlson, of course):
Ironically, it's the same people that complain when the stock market performs poorly, due to a lack of consumer confidence. It never occurs to them that the consumers might not have any confidence because they don't have any freaking money, because it all went to the richest five percent in the form of tax cuts.
Ironically, it's the same people that complain when the stock market performs poorly, due to a lack of consumer confidence. It never occurs to them that the consumers might not have any confidence because they don't have any freaking money, because it all went to the richest five percent in the form of tax cuts.
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I think that cartoon is mistaken. That's what it will look like under Obama Care.
ReplyDeleteGuess capper forgot everyone that pays federal income taxes received a tax cut...
ReplyDeleteDan,
ReplyDeleteWhat does health care have to do with unemployment benefits?
Anonymous,
You mean the tax cut that came with the stimulus package that the Republicans fought and voted against? What does that have to do with unemployment compensation?
capper, you are the one that declared all the tax cuts went to the richest 5%...or are you now changing your tale.
ReplyDeleteWhich tax cuts are you referring to? The real ones that Obama gave us, or the phony ones from Bush, in which lower and middle class Americans actually saw a tax hike?
ReplyDeleteFacts?
ReplyDeleteNon sequitur?
ReplyDeleteNah, Capper, come one. You don't get to whine "non sequitur" just because you can't articulate the meaning of your comment about the 5% and taxes.
ReplyDeleteI'd like to understand what you are trying to say. Try again?
In the 2009 income tax, there was a deduction of up to $800 depending on income. My wife and I got the full amount.
ReplyDeleteWith Bush's "tax cuts," that everyone was to enjoy, our federal taxes went up $400, even though are salaries were both stagnant. The GAO did a study saying that lower and middle income families actually did have to pay more.
Yes your inability at practicing to be an accountant has been shown many times in your inane position on a person donating part of their salary.
ReplyDeleteThe obama tax break you cite was not a deduction. It was a tax credit of 400 per person, yes that does make 800 for both of you of tax credits. This was income caped at 75000 for individual and 150000 for married filers.
The bush rates you complain about were, and still are, tax rate reductions at the IRS. If your income never went up and you paid more in taxes under bush you have further displayed your unique inability to be an accountant.
The current six rate brackets of 10%, 15%, 25%, 28%, 33% and 35% (these are the bush tax cuts you stated only the rich got) will be replaced by five new brackets, what they were before bush passed the law, rates of 15%, 28%, 31%, 36% and 39.6% as soon as the current president and congress let them lapse.
Only you could have paid more tax on the same income amount under these cuts. Everyone is entitled to their own opinion just not their own facts.
Enjoy your new Obamacare tax increase on top of your Bush tax cut expiration.
ReplyDeletehttp://www.nytimes.com/2010/07/18/health/policy/18health.html?_r=2&ref=politics
Changing Stance, Administration Now Defends Insurance Mandate as a Tax
Like I said weeks ago, I don't come here for facts.
Anonymous, anyone can quote a politician's empty promises or spin. I'll stick with the known facts from my own tax statements and from the GAO.
ReplyDeleteTerryN, I will enjoy the new health care, since it will be cheaper than paying for the 40% hike in insurance premiums.
So you will use your own facts, failure to use simple math, and inability to perform simple accounting skills to conclude false information.
ReplyDeleteOk, as long as we're clear. Thanks.
Yes, because I control the GAO, right? So that makes it my own facts. Grow up.
ReplyDeletePlease provide your link to a GAO study that said middle and lower income people paid more FEDERAL INCOME TAX under bush after the tax cuts were put in place....
ReplyDeleteI will if I get time. Otherwise, feel free to do your own research.
ReplyDelete