4/16/2011 10:59:17 AM
4/16/2011 2:57:54 PM
US Tax Revenue as a Fraction of GDP by Component
4/16/2011 3:06:33 PM
aaaaaaaand, sum it all up, and you get an average of about 18%. your point? Yes, corporate taxes are going down, but only because companies are fleeing the US's high taxes. and look what is conveniently increasing... entitlements![Edited on April 16, 2011 at 3:16 PM. Reason : ]
4/16/2011 3:15:39 PM
4/16/2011 3:30:59 PM
yeah. companies really aren't moving their headquarters overseas, fred. how stupid of me. It's not like 60 minutes did a story on this a couple weeks ago. yeah...
4/16/2011 3:41:28 PM
tax dodging isn't a new idea either though, whether it's through overseas dodging or domestic tax loophole dodging. does this have anything to do with Obama anyways??
4/16/2011 3:51:24 PM
4/16/2011 4:35:17 PM
I didn't say there wasn't a spending problem. I only said it wasn't a one factor equation. With taxes as a percent of GDP at a 50 year low - particularly for companies and top 10% wage earners - and an ever increasing income gap (see graphs), it was refreshing to hear someone who wasn't pretending that the equation has only one factor.
4/16/2011 5:41:27 PM
4/16/2011 9:23:48 PM
fairly stable my ass, it has been talked about the past several years were revenue has fallen due to the depression and this year isnt expected to be any better.....people dont have jobs, no tax collection from pay.....(just one example).....
4/17/2011 2:05:35 AM
Our revenue has become more unstable as we are relying more heavily on such a small portion (the rich) to pay it. As the economy turns they tend to lose big, thus drastically cutting taxable income. CNN actually did a great piece on this.Think about it like a business that has just one client vs one that has millions. Any change to one clients ability to spend really affects the first business but they dont even notice it at the second business.
4/17/2011 9:14:35 AM
aaronburro:
4/17/2011 10:06:38 AM
Nearly half of California's income taxes before the recession came from the top 1% of earners: households that took in more than $490,000 a year. High earners, it turns out, have especially volatile incomes—their earnings fell by more than twice as much as the rest of the population's during the recession. When they crashed, they took California's finances down with them.http://online.wsj.com/article/SB10001424052748704604704576220491592684626.html^and we do have to reform entitlements. Im not saying we push sick people out of hospitals, but we can certainly stop paying for color contacts, braces, and erection meds. And yes, even not cover chemo for a 90 yr old. (although they are free to pay for it)Oh, and we had a 37% drop in federal income tax revenue from 2008 to 2009. That isnt what I would call stable. However, only a 1% drop in revenue of FICA, which everyone pays into. Amazing how stable/difference between the two. One progressive, the other a flat tax.[Edited on April 17, 2011 at 10:14 AM. Reason : .][Edited on April 17, 2011 at 10:21 AM. Reason : .][Edited on April 17, 2011 at 10:24 AM. Reason : .]
4/17/2011 10:13:03 AM
^^Dude, you're making it way more complicated than it should be. Look at how much spending has gone up in the past ten years. Then look at exploding healthcare costs and unfunded liabilities for SS/Medicare. Raising taxes (or drastically changing the way we collect taxes) may be part of the solution, but we need the size of government to shrink. I'll never understand the ignorance among progressives that allows them to straight up ignore the structural problems of the economy, and more broadly, their blind faith in the state, which is actively working to rob all of us, regardless of ideology.[Edited on April 17, 2011 at 10:33 AM. Reason : ]
4/17/2011 10:20:32 AM
^I agree with you.Why is it that the two most subsidized sectors have the highest inflation? (education and healthcare) And some still think MORE govt into these industries is the answer. lol
4/17/2011 10:23:55 AM
^The answer to that is obvious to anyone that has read and understood Hayek, Mises, Rothbard, or even newer guys like Schiff, who speaks about it all the time. Progressive leaders have no answer except, "more of the intervention that has already failed," which is why they're still lost in the woods.[Edited on April 17, 2011 at 10:38 AM. Reason : ]
4/17/2011 10:37:15 AM
^^, ^ ... You guys got data, or are you just flapping your gums ... and dropping names? ... Of course the top 1% pay more taxes ... they've got the money. I've noticed all of the graph of them and taxes use "adjusted gross income" ... They also have more access to tax breaks. In addition, people always talk about "income taxes" ... but nobody throws in "social insurance" taxes.In terms of healthcare, yes, it sucks. We are the only industrialized country in the world without a plan to insure that all of our citizens have some minimal form of basic healthcare. We are an international embarrassment. We have the most expensive healthcare in the world, and care for the least percentage of our citizens. What is the only Republican answer, find ways to insure less people get it.I personally have three friends with dying parents that can't afford treatment. I know it's easy to say, "well, you should have made more money man" ... But, not in a civilized society.[Edited on April 17, 2011 at 12:50 PM. Reason : *~<]BO]
4/17/2011 12:37:03 PM
Couldn't have missed the point any more. If we keep going in this direction, the elderly and poor won't only be unable to afford healthcare, they'll be starving on the streets because their social security check can't buy a loaf of bread. Do you not understand what's at stake? Our entire budget is funded by debt. We're at the mercy of our foreign creditors.
4/17/2011 1:10:25 PM
^ I agree wholeheartedly. This outrageous deficit can not continue. I only stated the (seemingly) obvious - that there are 2 factors in the deficit equation, not just one. At the same time, I don't see any real reform going on ... Just less of the same.[Edited on April 17, 2011 at 1:16 PM. Reason : *~<]BO]
4/17/2011 1:14:53 PM
4/17/2011 1:16:05 PM
4/17/2011 3:57:53 PM
nvm[Edited on April 17, 2011 at 4:06 PM. Reason : w]
4/17/2011 4:04:49 PM
Kris
4/17/2011 6:04:54 PM
4/17/2011 7:25:44 PM
4/17/2011 7:44:15 PM
Kris compare apples to apples please. I was comparing federal dollars to both. 20B vs 140BIf you want to compare ALL funding then it looks like 180B for Ag and 850B for Education.http://www.usgovernmentspending.com/You can click on the Headers for Total, Federal, State, etc.http://opinionator.blogs.nytimes.com/2011/02/01/a-food-manifesto-for-the-future/"Total agricultural subsidies in 2009 were around $16 billion" From the NYtimes[Edited on April 17, 2011 at 8:44 PM. Reason : .][Edited on April 17, 2011 at 8:45 PM. Reason : .]
4/17/2011 8:31:30 PM
4/17/2011 9:02:27 PM
4/17/2011 10:54:50 PM
4/18/2011 6:17:23 PM
aaronburro, you seem to have a tough time dealing with nuance - like the reasons for the current deficit crisis v.s. long-term financial entitlement spending, and specialized healthcare v.s. public healthcare policy. You seem to group them all together. That is why I get the impression you spend a lot of time categorizing right and wrong and not much time in thoughtful consideration of the complexities. You seem to think in big discrete chunks.The current deficit crisis did not happen because Bush started wars, or because of out of control entitlement spending. You act like the 40% of GDP entitlement number is the current number instead of a projection 60 years out into the future. 60 years into the future is a long time to start crying "The sky is falling". Yes, it will have to be dealt with, and it will need thoughtful consideration. But using the current crisis as a pretext to make knee-jerk long-term policy decisions, now that is disingenuous.The current deficit crisis was caused by the high-income financial sector mismanaging the housing markets, requiring trillion-dollar federal bailouts. It was a fast, big money crisis, not like the relatively slow one looming ahead. Dumping the Bush high-income tax breaks would not be an inappropriate response in order to recoup some of the money that was paid out to the financial sector. I also have to disagree with you about the movement of wealth. The movement of wealth is not something that, "just happens". It usually has something to do with changes in policy (i.e. tax breaks, global trade agreements, deregulating sectors, etc.). To consider otherwise is just naive.Finally, the kind of healthcare systems need for rare specialized procedures are different than what is needed to insure that every citizen has access to basic level of healthcare. I admit I'm a little biased right now because I personally have three people I know that can not afford cancer treatments. They are literally being sent home to die (in one case without any treatment). You can't have it both ways. We can not, at the same time, have both "the greatest healthcare system in the world", with 47 million citizen that are uninsured and 6 million going to other countries because they can't afford to get what we do have ...[Edited on April 18, 2011 at 10:39 PM. Reason : *~<]BO]
4/18/2011 10:36:49 PM
4/18/2011 10:54:45 PM
Hey...no hard questions for the President.
4/19/2011 7:21:29 PM
Im not fan of Obama, but I dont see where he did anything wrong with telling the guy to let him finish answering his questions. Im sure he has been coached on that since that Fox interview.And I really dont see where the questions were that tough either. What do you want him to say? Yeah, I cant win texas? Hell even republicans say that have a chance at California in interviews when they know damn well they dont.
4/19/2011 11:24:41 PM
http://politicalticker.blogs.cnn.com/2011/04/27/white-house-releases-obama-birth-certificate/like it matters
4/27/2011 9:33:32 AM
He's desperate and needs every vote, even the dumbasses. He's certainly lost his base.Obama Drops Charges Against the Warrant-less Wiretapping Whistleblowerhttp://www.wired.com/threatlevel/2011/04/tamm/Not because it's a horrible thing that threatens democratic values, but because they thought any jury would be so horrified by the government's actions that they would never convict. Still full steam ahead on destroying the lives of other whistleblowers though, including corporate whistleblowers, and the torture of Bradley Manning.[Edited on April 27, 2011 at 10:27 AM. Reason : .]
4/27/2011 10:21:43 AM
So of the people who still think he wasn't born in the US, what percentage of them will change their minds after this? I'm guessing 5%-10%.
4/27/2011 10:51:35 AM
For him to release it after all this time shows he is very desperate and/or had to hire someone to fabricate it. Looks to me like he's foreign-born after all.
4/27/2011 10:53:16 AM
4/27/2011 10:53:58 AM
Here's the thing. That's the Certificate of Live Birth which Trump and the Birthers have been clammering isn't enough. This debate isn't over.
4/27/2011 11:15:38 AM
no it isn't. this is different from the certificate of live birth.
4/27/2011 11:38:27 AM
taking 3 years to produce a single document makes me think he may be foreign born after all. He would have been better off to just leave the matter unanswered so that he could claim the argument as too petty to demand response.
4/27/2011 11:54:31 AM
it. doesn't. matter.His mother was a US Citizen. He could have been born in fucking Iraq and he'd still be a natural born citizen.
4/27/2011 12:03:56 PM
carbon dating the typewriter font is the only way to be sure
4/27/2011 1:06:57 PM
First republicans bitched and moaned about him not producing the document, then when he does, now its "well this is a waste of time, we have more important things to worry about" or "well that took too long, clearly its fake".jesus titty-fucking christ.
4/27/2011 1:14:26 PM
4/27/2011 1:16:43 PM
^^haha, you expect those idiots to concede?
4/27/2011 1:30:23 PM
Since when are facts useful to delusional people?
4/27/2011 1:53:37 PM
Honestly, why did it take him this long to produce it? He knew that there was a requirement in the Constitution that you be a natural born citizen. He knew that Americans are retarded and that anyone with a non-standard name would be the target of suspicion. Why would he not have had these documents available before even making the decision to run so he could squash any objections, right off the bat?I've never thought that Obama was born outside of the United States, but the way he has handled this birther thing has confirmed for me that he's an incompetent fool. He's not brilliant, as has so often been suggested by his supporters. I wouldn't trust the man to run a hot dog stand.
4/27/2011 2:31:06 PM
you are not a very smart person
4/27/2011 2:46:47 PM