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Old 08-16-2011, 11:25 PM  
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Originally Posted by Musicinabottle View Post
I beg to diffa! I had a government stimulous job for about a year making nearly $40 an hour with every benifit known to man including retirement, something I'd love to be able to do one day! So Obama helped my economy anyways.
Thanks for your candor in supporting my position so well. My complaint about the stimulus is that it created only public sector jobs and mostly helped states hold onto public sector jobs. No private sector job increase in my area. How many speeches has Obama now made where he stated that he is going to concentrate on job creation, facts anyone?
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Old 08-17-2011, 04:58 PM  
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Originally Posted by Eddie_T View Post
Thanks for your candor in supporting my position so well. My complaint about the stimulus is that it created only public sector jobs and mostly helped states hold onto public sector jobs. No private sector job increase in my area. How many speeches has Obama now made where he stated that he is going to concentrate on job creation, facts anyone?
What is a public sector job, and what is a private sector job? Are the contractors working on all the bridges around my town public sector or private sector?

How about the contractors and employees at the new shopping center and industrial park just outside of my town, which was made feasible by stimulus-funded road and bridge projects?
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Old 08-17-2011, 05:02 PM  
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Originally Posted by Eddie_T View Post
Thanks for your candor in supporting my position so well. My complaint about the stimulus is that it created only public sector jobs and mostly helped states hold onto public sector jobs. No private sector job increase in my area. How many speeches has Obama now made where he stated that he is going to concentrate on job creation, facts anyone?
I was working for a private firm which does almost entirely government contracts spurned by the stimulous money. Today, I'm working for yet another private firm building truckloads of product s for the government so that the wealthy can play.
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Old 08-17-2011, 09:45 PM  
mohel
 
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tax breaks for the wealthy DO NOT help the economy


Edited to add;

Just stumbled on a teabuggery defense site of some sort and they're teaching me interesting things.
United States of America -- TEA PARTY 01
i quote; "National Public Radio ? a U.S. tax-payer funded public television entity solely promoting the Radical Agenda of the Communist Party of America. Tea Bagger is a slur word for Homosexual Rape, and is used by all the radical left-mainstream media and approved by Obama. It is considered hate-speech, however if the Democratic Party uses hate speech against dissent then this is permissible. However, it is not permissible if the Republican Party uses hate ? speech against Obama and his radical agenda."

NPR = Joe Stalin? Aren't teabaggers adorable? I've been using the word since 2007 and never guessed the loonies were raping eachother.

How the author derived this image from some uncited relationship to NPR is beyond me....



no wait, I get it. NPR ran this as what it is, a Mark Fiore (Pulitzer Prize winner) cartoon. damn, they gotta be commies for that.

Gee, they even explain the pictures....
Quote:
Here is Fiore mimicking Obama?s demonization of everything American. The medical establishment, Wall Street, Insurance, the Automobile Industry, Real Estate, Mortgage Banks and Banks in general are all targets of the socialist agenda.


Some of course are self explanatory. Lotta BIG PHARMA factories up there in Minnesota....or was that Puerto Rico?


Teathuggery quote;
Quote:
Radical leftist Websites operate to quell free speech decent and actually are working, sending out thugs and criminals to Tea Parties and attempting murder.
Their example of "their" definition;


Seems on the money to me.

Those dagnabbit whippersnappermurderingREDS even did this....

Man's Finger Bitten Off in Scuffle at Health Care Rally
Quote:
KTLA News
12:58 a.m. PDT, September 3, 2009

THOUSAND OAKS -- A 65-year-old man had his finger bitten off Wednesday evening at a health care rally in Thousand Oaks, according to the Ventura County Sheriff's Department.

Sheriff's investigators were called to Hillcrest and Lynn Road at 7:26 p.m.

About 100 protesters sponsored by MoveOn.org were having a rally supporting health care reform.

A group of anti-health care reform protesters formed across the street.

The finger-biting incident occurred after a member of the group protesting health care reform, William Rice, 65, of Newbury Park, became involved in a heated discussion with a member of Code Pink, sheriff?s Capt. Ross Bonfiglio said.

After the argument, Rice returned to where his own group was standing.

A man from Moveon.org?s area then walked over to the opponents and verbally confronted Rice, allegedly calling him names and acting aggressively, Bonfiglio said.

Rice later told investigators he felt threatened by the man and punched him in the nose, Bonfiglio said.

The punch set off a fist fight between the two men, during which the tip of Rice?s left pinky finger was bitten off, Bonfiglio said.

Rice drove himself to Los Robles Hospital and Medical Center in Thousand Oaks.

Another man found the bitten-off portion of the finger and brought it to Rice at the hospital, Bonfiglio said.

The suspect fled the scene, authorities said.

He was described as a short man with a medium build, wearing a blue cap, black shirt and black shorts.

Sheriff's officials are investigating the incident.



Bout time somebody started listening to Paris....
tax breaks for the wealthy DO NOT help the economy (with facts and data!)-politics-corporate-taxes-1955-vs-2010.jpg 

tax breaks for the wealthy DO NOT help the economy (with facts and data!)-cartoon-mr-truth-teabaggers.gif 

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Old 08-18-2011, 05:30 AM  
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Your chart on corporate taxrates can be a little misleading...
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Old 08-18-2011, 05:46 AM  
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One thing we must keep in mind is that earlier in the 20th centurey we did not have to compete as aggressively on the international stage. We were fairly independant and international commerce wasn't like it is today. We could afford to tax corporations more, they weren't going anywhere.
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Old 08-18-2011, 01:30 PM  
mohel
 
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Originally Posted by YelloJeep View Post
Your chart on corporate taxrates can be a little misleading...
Middle Class--Not the Rich or the Poor--Pay Majority of Federal Taxes, Says CBO Data
Quote:
(CNSNews.com) - Middle-class Americans--not the rich or the poor--pay the majority of annual tax revenues taken in by the federal government, according to data released in a new Congressional Budget Office study. Households earning less than $34,300 per year, meanwhile, actually pay a negative average federal income tax rate.

Middle-class households that earned between $34,300 and $141,900 paid 50.5 percent of all federal tax revenues in 2007 (the most recent year analyzed), according to the CBO study released Thursday, and households that earned between $34,300 and $352,900 paid 66.7 percent of all federal taxes.
Middle Class--Not the Rich or the Poor--Pay Majority of Federal Taxes, Says CBO Data | CNSnews.com
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Old 08-18-2011, 01:52 PM  
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Originally Posted by blucher View Post
Middle Class--Not the Rich or the Poor--Pay Majority of Federal Taxes, Says CBO Data

Middle Class--Not the Rich or the Poor--Pay Majority of Federal Taxes, Says CBO Data | CNSnews.com
The data in this article actually do not support what I THINK you usually stand for.

It says :
"Over the past three decades, according to the CBO data, taxation has been getting more progressive, as the tax burden has lightened on lower income households while increasing on higher income households."

Also says :

" Middle-class Americans--not the rich or the poor--pay the majority of annual tax revenues taken in by the federal government, according to data released in a new Congressional Budget Office study. Households earning less than $34,300 per year, meanwhile, actually pay a negative average federal income tax rate."

It makes sense that the middle class (the largest class, duh) would make up a larger SHARE of the federal income tax revenue.

NOBODY should "pay" a negative tax rate!
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Old 08-18-2011, 04:29 PM  
mohel
 
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Quote:
Originally Posted by YelloJeep View Post
Your chart on corporate taxrates can be a little misleading...
Wiki:
Quote:
The Foundation's stated mission is to "educate taxpayers about sound tax policy and the size of the tax burden borne by Americans at all levels of government". The Tax Foundation is organized as 501(c)3 non-profit educational and research organization. Their website states that journalists should describe them as: "a nonpartisan tax research group"[1], though they have been described as having a "pro-business leaning."[2]
Tax Foundation - Wikipedia, the free encyclopedia

The Tax Foundation is not a reliable source
The Tax Foundation is not a reliable source - NYTimes.com

Quote:
The Greek menace, by Paul Krugman: ...All our corporate investment are belong to … Greece?

Run for the hills! Excessive taxes on corporations are threatening American prosperity, because we can’t match the low, low taxes of other advanced countries. Or so says the Tax Foundation, which is rolling out a new campaign called Compete USA. John McCain has already made big cuts in corporate taxes a big part of his agenda.

There’s a lot to say about this stuff, but right now I’d just like to mention one aspect. The Tax Foundation people start off with a graph that’s supposed to be terrifying, with the headline “Europe cuts rates while U.S. stands still”; the graph shows European tax rates dropping far below the US rate.

What they don’t make clear is that:

1. The graph shows the “statutory” tax rate, which is the maximum rate a corporation can pay in principle. But because corporate tax rules allow all kinds of deductions and exclusions, the statutory rate is a poor guide to the actual disincentives the corporate tax creates.

2. Even more important, while they don’t explain how they calculate the “average” tax rate, the fact that their own data show that all the big economies have tax rates above 30%, while their graph shows an average rate of about 27%, seems to indicated that they’re showing us an unweighted average — that is, one that makes small economies like Ireland and Greece seem as important as big economies like Japan and Germany. And whaddya know, corporate taxes in big economies tend to be similar to those in the United States, a point made by the Congressional Budget Office in the study from which the chart above is drawn. (Yes Germany cut rates this year. Big deal.)

So basically, the Tax Foundation wants us to be frightened of the Greek menace. How can American business survive in a world in which Greek corporations have a big tax advantage?
Quote:
Next, from Linda Beale:

Tax Foundation and Competitive Environments: more bunk!, by ataxingmatter: The Tax Foundation is busy again pushing its latest propaganda idea--that the US has such high corporate taxes that it stifles competition and hurts our economy--with a new "competeusa.com" organization.

Wrong. Fact is, though our tax laws include statutory rates that are fairly high (35% for corporations earning about $18 million or more annually) but generally in the same ballpark as those of other developed western nations, the actual tax rates paid by US corporations are extraordinarily low, around 6%. Remember the latest GAO report (reported elsewhere on ataxingmatter) that shows that two-thirds of US corporations pay no federal income tax. That's not just the ones that are losing money, but also many corporations that have record high profits (including some Big Oil companies) that end up paying next to nothing in taxes.

That's because the statutory rate of 35% is only on paper. Corporations engage in aggressive tax planning that cheats the system, and they take advantage of a bountiful number of lucrative loopholes built into the system under the four decades of Reagan-style corporate favoritism and deregulation, including items such as accelerated depreciation, various expensing provisions that let corporations deduct before they really have an economic cost, and the lucrative research & development credit that lowers taxes dollar-for-dollar for R&D expenditures that corporations have to do anyway (so they do not serve as an incentive to greater development) and that corporations have often already done prior to the enactment of the one-year "extensions" of the credit that have been taking place as transitions to no-credit for years.

As a result, the US is actually a corporate tax haven, with the lowest effective corporate tax rates of almost all the countries that participate in the OECD. That's a little fact that the Tax Foundation apparently doesn't want the American public to understand, since all its hype is in terms of statutory rates and not in terms of effective tax rates.
Economist's View: "The Greek Menace"
tax breaks for the wealthy DO NOT help the economy (with facts and data!)-corporate-rates.jpg 

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Old 08-19-2011, 07:43 AM  
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Follow the money trail, private sector jobs paid out of tax revenue (and 41 cents on the dollar borrowed) are in reality public sector jobs.
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