47% of American Households didn't pay any income tax for 2009.
This is the most frightening part. Just get that number to 51%, or bamboozle enough useful idiots, and you ensure yourself perpetual reelection on the backs of the minority group.
This forgets the fact that a human must eat. A poor person spends almost all of his income in basic maintenance
Fair Tax would fix this. Also, there is no sales tax on food or clothing in most states. Finally, we already provide a slew of tax credits for poor families. That being said: who died and made the government the enforcer of "charitable" contributions?
That is why progressive taxes exist, and why the progression should be as sharp as possible.
As sharp as possible would mean 100% for everything above the poverty line, comrade.
What are you smoking? Every tax bracket would have gone up. Basically everyone who paid taxes (that is, those who weren't actually being PAID by the treasury due to EIC and such) would have paid more. PERIOD.
or be forced to extend cuts that were obviously unsustainable
No, it's the spending that is unsustainable. Set spending levels to those when the tax rates were enacted, and your budget is nearly balanced.
By the way, the renewal of the current tax rates required one interesting concession to the Democrats. The social security tax was halved. Now, if the Democrats are so fiscally responsible, why would they do this and cause the social security fund to run out of money even sooner than projected?
Thanks for that informative post. Now, when can we impeach Barney Frank for fraudulently pressuring Fannie and Freddie into dealing in no-money-down loans for poorer people who had no business owning a house in their current financial situation?
Thanks for answering the "Why is our income taxed?" question that wasn't asked. By the way, the federal income tax was unconstitutional before 1913, yet somehow the federal government managed to collect revenue. I wonder how!
No, you're the dummy. The GP poster is pointing out that CONGRESS has the authority to regulate interstate commerce. Therefore, any extension of the FCC's authority requires an act of Congress.
Why so defensive? All that is certain is that a few Slashdot posters question the wisdom of a carbon credit exchange. You can be a global climate change acolyte and yet refuse to support capitalization of it, can you not?
I think he's referring to the use of the outdoor receptacle. Most of those receptacles are only weather tight when not in use. They can't be used for a permanent installation.
Please stop watching Maddow and Olbermann. There is a shortage of judges because Obama has been slow to appoint candidates (remember, Democratic majority in the Senate), and Gitmo could be closed by a stroke of his EO pen. And we know he loves him some EO.
Look at the list of his pending appointments on Wikipedia. They're all from Jan 5. You think maybe the Senate needs a little time to review those before approving them? Oh, I forgot: these are the same guys who pass 1000-2000 page bills without reading them.
Without Republicans, we would have had a stronger stimulus, with far less wasted on tax cuts for the rich
If by "liberals", you mean classical liberals and not FDR government-control-of-society liberals, I agree. It's government overreach that enables the seizing of domain names because they somewhat resemble or satirize those of multinational corporations. It's government overreach that extended copyrights from 14 years to (at least) 95. Government regulation should be reserved for consumer protection from fraud and harm, and to regulate monopolies-- not to create monopolies or enrich them at consumers' expense.
Tires SUCKED that year. The tires on my family's new 1976 Ford all prematurely failed. I can't verify if this was the case, but my dad hypothesized that the manufacturers shipped marginal tires to meet demand during the 1976 strike.
Indeed. I was on route 80 in Pennsylvania one winter (fortunately, not driving myself) in conditions that were so icy that vehicles going about 5-10 MPH were sliding off the road.
Slashdot Mirror
How the hell do you pay 30% on $60,000 when that's in the 25% bracket... even without taking deductions into account?
This is the most frightening part. Just get that number to 51%, or bamboozle enough useful idiots, and you ensure yourself perpetual reelection on the backs of the minority group.
Fair Tax would fix this. Also, there is no sales tax on food or clothing in most states. Finally, we already provide a slew of tax credits for poor families. That being said: who died and made the government the enforcer of "charitable" contributions?
As sharp as possible would mean 100% for everything above the poverty line, comrade.
What are you smoking? Every tax bracket would have gone up. Basically everyone who paid taxes (that is, those who weren't actually being PAID by the treasury due to EIC and such) would have paid more. PERIOD.
No, it's the spending that is unsustainable. Set spending levels to those when the tax rates were enacted, and your budget is nearly balanced.
By the way, the renewal of the current tax rates required one interesting concession to the Democrats. The social security tax was halved. Now, if the Democrats are so fiscally responsible, why would they do this and cause the social security fund to run out of money even sooner than projected?
Thanks for that informative post. Now, when can we impeach Barney Frank for fraudulently pressuring Fannie and Freddie into dealing in no-money-down loans for poorer people who had no business owning a house in their current financial situation?
Thanks for answering the "Why is our income taxed?" question that wasn't asked. By the way, the federal income tax was unconstitutional before 1913, yet somehow the federal government managed to collect revenue. I wonder how!
Yeah, and my sister's friend's hairdresser says that Jews drink the blood of children!
No, you're the dummy. The GP poster is pointing out that CONGRESS has the authority to regulate interstate commerce. Therefore, any extension of the FCC's authority requires an act of Congress.
That's funny, because I support my democratically elected representatives and not unelected bureaucrats who legislate through policy.
Wow. CO2 is totally not toxic.
I'm sure you also think climate change is caused by man-made carbon dioxide.
Fact: vaccines are increasing the incidence of autism to an alarming degree.
Just ask anyone on Slashdot.
Well, that's pretty much the same thing, isn't it? How is a small business going to afford any credits with GE bidding them up to $1,000,000 each?
Why so defensive? All that is certain is that a few Slashdot posters question the wisdom of a carbon credit exchange. You can be a global climate change acolyte and yet refuse to support capitalization of it, can you not?
Especially the brown ones. Seriously, Microsoft? I'd rather have a fake vinyl "woodgrain" than a turd-colored MP3 player.
I think he's referring to the use of the outdoor receptacle. Most of those receptacles are only weather tight when not in use. They can't be used for a permanent installation.
Lieberman ran and won as an independent after losing the Democratic nomination as well.
Look at the list of his pending appointments on Wikipedia. They're all from Jan 5. You think maybe the Senate needs a little time to review those before approving them? Oh, I forgot: these are the same guys who pass 1000-2000 page bills without reading them.
What tax cuts for the "rich"?
If by "liberals", you mean classical liberals and not FDR government-control-of-society liberals, I agree. It's government overreach that enables the seizing of domain names because they somewhat resemble or satirize those of multinational corporations. It's government overreach that extended copyrights from 14 years to (at least) 95. Government regulation should be reserved for consumer protection from fraud and harm, and to regulate monopolies-- not to create monopolies or enrich them at consumers' expense.
JPG? Pfft. Use an animated GIF so they don't even have to flip the pages!
Tires SUCKED that year. The tires on my family's new 1976 Ford all prematurely failed. I can't verify if this was the case, but my dad hypothesized that the manufacturers shipped marginal tires to meet demand during the 1976 strike.
Indeed. I was on route 80 in Pennsylvania one winter (fortunately, not driving myself) in conditions that were so icy that vehicles going about 5-10 MPH were sliding off the road.
Because weather is totally predictable.
At least it doesn't insult the size of his Wang.
I think the results say that it wasn't.