On Nov 8, 10:04 am, Gatecrasher <
zjw...@gmail.com> wrote:
> The Conservatives are largely to blame for the 47% of American who pay
> no taxes.
>
> In their seemingly endless zeal to slash taxes every election cycle,
> they have created so many deductions and loopholes that many Americans
> of all walks of life are no longer required to pay federal income tax.
>
> This goes across the board. Just look at Mitt Romney. He made over $24
> million dollars last year but was only required to pay less than 14%
> income tax.
>
> It didn't used to be that way (back when we had the deficit under
> control and America had some common sense).
>
> Every since the days of Ronald Reagan all we have been hearing from the
> GOP is how if we cut taxes on the rich, the money will just
> "trickle-down" to the rest of us and stimulate the economy.
>
> When George Bush took office in 2001 he inherited a $260 billion dollar
> budget surplus and a federal budget that had been balanced for almost 3
> years (something that hadn't happened since WWII). The first thing Dubya
> did was to slash taxes and promise Americans that this "trickle-down"
> philosphy was the road to success.
>
> Well, it didn't really work for Reagan and it sure as hell didn't work
> for Bush. Not one job has ever been created by cutting taxes on the
> wealthy.
>
> Zero!!
>
> So why would any American with an ounce of intelligence buy the BS
> Romney and the GOP are still trying to sell after decades of continuous
> failure?
>
> Wake-up wing nuts!!!
>
> Mitt Romney is a tax-dodger. A pretty unpatriotic one at that with
> Cayman Island tax shelters and Swiss bank accounts.
>
> Four years ago the IRS offered amnesty to any American individual who
> had underpaid their federal income taxes by using foreign banks to
> launder the money. Numerous multi-millionaires took advantage of this
> opportunity to avoid prosecution and at the same time lower the amount
> of back taxes owed.
>
> I think it's pretty-obvious that Mitt Romney was most-likely one of
> these individuals who received the amnesty package. That's why he
> refused to release his tax returns prior to last year. They would show
> the truth.
>
> Just because someone accepted an amnesty offer from the IRS doesn't
> change the fact that they acted illegally and are basically crooks who
> are now getting a second chance.
>
> I pay over twice as much in federal income taxes as a percentage of my
> income than Romney does and don't whine about it. So do most of us.
>
> Personally I'd rather pay a little more in taxes to have a healthy
> economy with a balanced budget like we did in the 90s. We were well on
> track to continue the trend into the next millenia until the GOP sold
> America on some more "trickle-down" bullshit.
>
> Here's a quote from George W. Bush in 2001; "My budget reduces the
> deficit fast...so fast the experts say that in a few years we will run
> out of debt to retire."
>
> Reality Check:
>
> George W. Bush doubled the deficit and never retired one cent of debt.
> in 8 years.
>
> Ronald Reagan doubled the deficit and never retired one cent of debt in
> 8 years.
>
> --
> Gatecrasher
>
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>
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> (
http://i50.tinypic.com/1zy78p.jpg)
hear hear! Trickle down is "Voo-Doo Economics"...and that's according
to George Bush Sr. back in the days he was a moderate.
Taxes are a red herring. Back when the middle class was growing and
real wages were growing and GDP was booming we had the highest
progressive tax rates in our history. These taxes went into building
the infrastructure, and good schools, and a strong military and
ultimately into safety nets that virtually eliminated poverty among
the elderly and kept the poorest fed and housed, if not employed (very
near full employment during those years). Then the "haves" not the
"have nots" got greedy. Takers? Call me or someone on food stamps a
taker? How about CEO's, who pay used to average 18 times more than the
average worker but now averages over 200%. How about the Wall
Streeters who got the capital gains tax lowered and laws changed laws
to allow predatory lending and risk taking with OPM? And gut the
oversite agencies to the point that there wasn't anybody left to watch
all the stealing going on? How about corporations? Being taxed and
treated legally as individual citizens and allowing to bring
monopolistic practices back into the market driving out real
competition? And breaking the unions, so that only the executives can
have contracts but not workers. How about the super rich gutting the
estate tax and lowering their tax rate by 2/3s in less than 30 years?
How about the property owners in California? Who slashed property
taxes so they could create some of the worst public school systems in
the country and, ultimately, help drive the most vibrant economy in
the world into bankruptcy. How about the war mongers? They get the
military privatized and then rape the government for every dime they
can...under little to no oversite because that agency was gutted. And
the private prison corporations, delivering less service more
expensively than the states used to run things themselves. And private
healthcare, resulting in 20 cents off every dollar going to overhead
and administration. Medicare is about 3 cents.
And all during this time the top 1%of the country has increased their
share of the national wealth - not JUST the income! the WEALTH by
another 30% or so while the middle class hasn't seen real wages
increase in 40 years.
it is obvious who the TAKERS are. Look in the mirror...or better yet
stop pretending your rich or that one day you're going to wake up on
the set of Lifestyles of the Rich and Famous. because you're not.
You're going down, like everyone outside of the top 10% of the country
has been for the last 10 years and the better part of the last 40
years.
You're a puppet on a string. Dance Monkey! Dance! You've been
hoodwinked, bamboozled into thinking that the real working american in
this country are the problem. The takers are indeed the problem, but
you're pointing your finger in the wrong direction.