And God knows how Moody's and the S & P rated all these home and commercial property loans with AAA ratings. And they worked for the republican FED. Lying, cheating, stealing, republican pieces of shit. And we had Worldcom and Enron and Bernie Madoff. The fucking fox watched the fucking henhouse when republicans were in office. Fuck republicans!
The top 1% pay nearly 40% of all taxes. The bottom 48% of Americans pay NO taxes, and yet the rich don't pay taxes? What you hear in the media is only half the story. Investment income is only taxed at 15% because of Double Taxation. Go educate yourself you lazy and envious Americans. The new liberal = "give a man a fish, feed him for only a day" - Millionaires who invest allow others to earn money by starting businesses, etc. Do some self-education. BTW: I'm a tax accountant. I know the code.
Why Obama's economic plan will fail, can be whittled down to one name: Solyndra. Even after there were concerns about the company's operations, DOE Sec. Chu STILL approved the $500 million dollar loan guarantee (as in, "The US tax payer will take all the risk). In fact, every company that Obama has lauded as a sign of HIS economic policies have either failed or is failing. Then again, when only 8% of the Obama Administration has business experience, we shouldn't be surprised by the results...
Lets face it America is the face of evil now. Using their war tactics to fuel Russia and China's hidden Agenda's. The sad thing is if this is the future. Then I fear what countries and man will do with hidden technology from the people of the world as we strive for a more peaceful unpolluted world. We have the technology and still all these countries use the war machine and propaganda to manipulates the people to accepting their ideologies. That alone tells me something has to be done! Fight!
"We’re home alone. There’s no adult in charge. Clinton would never have made these mistakes." --President Obama's Former White House Economic Adviser, Larry Summers
@happystance9able Clinton's a puppet too. He would of made the same mistakes if he was told too by his masters. That's what people like u need to understand. A number of past Presidents that we have had were and r still connected to the Bilderberg Agenda and the NWO take over. We r in for some trouble if we don't do something. These people do not care about your well being. They care about making u poor and taking all of your money for their gain.
"The American people will never knowingly adopt Socialism. But under the name of 'liberalism' they will adopt every fragment of the Socialist program, until one day America will be a Socialist nation, without knowing how it happened." Norman Thomas
(1884-1968) six-time Democrat U.S. Presidential candidate
I think the problem with those who support the Obama plan don't know basic economics or taxation. The "rich" not only pay income tax, but also capital gains tax on their investments, while the poor and middle class pay very little, if any, in either categories. Warren Buffet can say that his secretary pay more in income taxes because he, technically, isn't earning income. He's living off of his wealth while still owing a billion dollars on it.
those of us who want the United States to move ahead will support President Obama in this; we made millionaires into billionaires and then we all lost our jobs and got almost zero investment in our nation from them.
@CantStopThat Then you better include the Democrats in your derision, because they, through their policies, made it too expensive to compete globally. Hell, government regulations alone has a cost of 1 trillion dollars a year. How much of that money the common worker can benefit from? And, this is on top of the fact that Obama has flat out said that he tends to make, for example, coal extraction too expensive, which equals loss of jobs. Face it; Obama is ignorant about how to manage money.
@CantStopThat Then you better include the Democrats in your derision, because they, through their policies, made it too expensive to compete globally. Hell, government regulations alone has a cost of 1 trillion dollars a year. How much of that money the common worker can benefit from? And, this is on top of the fact that Obama has flat out said that he tends to make, for example, coal extraction too expensive, which equals loss of jobs. Face it; Obama is ignorant about how to manage money.
Obama is running out of ideas, when the solution is to Close down the Federal reserve. All the Tax goes to pay the Fed, so how can it create Jobs. People still dont get it. Obama is borrowing money to pay the debt. News today Obama wants to pay off 3 Trillion of the debt, I imagine he will borrow it from the fed and give it back to the Fed, and pay interest on the 3 Trillion. The party is over, the game is up, here comes WW3, those ready to die for foolishness, I solute you.
How comes Timothy don't pay any Tax, but he is in the White House, All of Obamas Advisers don't pay a penny in Tax. So here is the question why should anybody else. How about Penny Pritsker she don't pay any tax, she was the one who helped Obama into the White House. Most of the people in Congress don't pay any Tax, and the Senet. The only people who pays tax is the poor, the rich buys their stuff whole sale.
Dont be fooled by this bullshit. Obama doesn't care about taxing the rich. He gave a bunch of them free money to crash their failing companies into the ground. Taxing the rich will ultimately mean taxing the middle class.
!*WARNING*! THIS IS NOT NEWS GO TO TWITTER AND SEARCH hastag "occupywallstreet" & "takewallstreet"!!! THIS IS NOT FUCKING NEWS ITS NEWS THAT THERE ARE OVER A 1000 PEAPOLE CAMPING OUT SIDE WALL STREET TAHRIR SQUARE STYLE FOR THE SECOND DAY IS NEWS!!!!!!!!!!!!!!! THERE IS A MEDIA BLACK OUT DO YOUR PART AND SPREED THE MESSAGE
Poverty, totalitarianism, ass-kissing, poor healthcare, mediocre education? That made the USA "so great"? The world is laughing at your country, and are praising Obama for bringing in some reason.
@hdzsound during the "golden age" of the US, corperations paid almost 50% of -all- taxes, they are now down to barely 15%. and the ritch payed as much as 70% in taxes, they are now down to 15%. the poor however, have had a steadily increased tax rate, and drasticaly increased living cost without increased capital when adjusted for inflation.
the democrats and republicans have collectively been screwing the poor and middleclass for the last 60 years.....
While the tax rate was high, the rich had more deductions to write off. Also, 47% of the populace pays NO federal income taxes (due to tax credits), and Warren Buffet pays less income taxes b/c he is living off of the earnings of his investments only, while still owing capital gains. even this news pieces flatly states that any tax increase on the rich is nothing, as long as spending stays the same. If Obama is serious about tax reform, he should have listened to his Simpson-Bowles Commission
@dswynne "47% of the populace pays NO federal income taxes ". and neverthless the top 10% possessing 80% of all financial assets the bottom 90% holding only 20% of all financial wealth. more disasterous is that the top 0,1% of americans own 24%
why would the 10% people who own 90% of the wealth pay less than the 90% who own barely 20%???
in any just world the 99.9% of americans would rise up and slay 0.1% of americans, and thus more than DOUBBLE the wealth for 90% of americans.
@evilblades That doesn't even make sense. So, you're saying that just b/c they are not contributing tax wise, they should still reap the spoils of a dynamic economy? The rich doesn't just spend money. They make money through investing their money in ideas and companies thru risk. When those ideas and companies do increase in value, they get a return on their investment. Hence, they make money, which is taxed. The lower 47% don't risk capital or contribute, so why should they get anything?
@dswynne I think you got yourself confused. How many times do we have to ask some millionare to fuck you in your republican ass before you get sore? I know you stupid teatards can take a truckload of cock but after losing 8 million jobs and 58,000 factories with half of the middleclass going to the poor house, it is time for your republican kind to cover that asshole long enough for America to grow again.
@teabaggersblow I simply believe the phrase: "To the victor, comes the spoils". The rich make money through investments. From there, money is created through the creation of ideas and products that prove popular with the consumers. And the more popular they are, the more valuable they become, hence the return on the investments. Those same investments are then taxed as capital gains. Thus, in total, the rich may own the majority of the wealth, but they provide most of the revenue, too.
@dswynne So? We all know what you just said is a pile of shit. Look around dumbass. We are not producing jobs with the extra money the wealthy got from not paying their fair share of taxes. Any extra tax money could go for research and deveopment which would create jobs. It could also fill the whole of lost revenue from poor job growth and Bush tax cuts for the wealthy for the last fucking decade. It could go for an infrastructure overhaul as well. Fuck republicans!
@teabaggersblow Really? I know facts, and the fact is that the Obama Administration is strangling companies ability to do business with uncertainty, with higher taxation, more regulation, and, oh, the-soon-to-be-implemented healthcare law. Basic economics is something you know nothing about. And the bulk of R&D is always from private investment, such as the PC, Mac, Google, YouTube, etc. And even under Bush, there has never been unemployment above 8%, so continue to drink the Kool-Aid.
@dswynne Your facts are like all republican's facts when it it comes to reality. You are both all wet. We know Clinton signed the bill by Gramm(R) concerning credit default swaps. Then a year or so later Bush signed a bill to stop any prosecution for selling derivatives (insurance) without a license. Without bush signing that second bill, derivatives were dead on arrival. Several years later Lehman Bros went down like the Titanic. We all know republicans are more crooked than the day is long.
@teabaggersblow When you make an assertion, try to stick to the SUBJECT. Anyway, the 1% of the top earners pays 50% of the tax revenue; 5% of the top earners pays 70% of the tax revenue. Meanwhile, 47 percent of the bottom earners pay NO TAXES, & this is AFTER Bush got involved with his across-the-board tax cut that lowered ALL Clinton taxes rates. And btw, you better include the Dems as corrupt, b/c it was their push for fake public securities (ie Freddie and Fannie) that tanked the economy.
@dswynne So tell me where I go wrong when I say fuck all republicans. And teabaggers would not know facts if it dripped down their ass in the toilet of a gay bar. You are part of the 25%-33% of american teatards that want millionaires to get all the tax loopholes they could ever need for the rest of their lives. hahaha Ok motherfucker!
@teabaggersblow Already did, and you have only responded with "non-facts". I could care less about what you or other people make, so long as neither you nor anyone else interfere with how I earn my own money. What I do with my "stash" is my business, and not yours or the government's. But I find it most telling that you are willing to support an economic policy is a failure, when compared to Bush's or Clinton's. In fact, under Bush II, the US were engaged in 2 wars w/ unemployment below 8%.
@dswynne The two wars were not paid for dumbass. Unemployment under 8% becasue every republican with a pulse had a defense contractor building tons of shit that kept the unemployment rate down. And every bank with any money were trying to get dumbfucks like you to refinance your house or buy three more with their money at low interests rates. Musical fucking houses all orquestrated by lying republicans and big banks. FBI warned Bush of predatory lending in 2002. Fuck republicans!
@teabaggersblow Try again. Blaming the 2 wars would not have kept the unemployment rate below. Fact: revenue doubled under GWB, which is why the actual yearly budget deficit never rose above $500B, with a total of $5T of debt overall during GWB's 8 years in office. Obama, on the other hand, has an annual budget deficit of $1.5T, & has already going to match GWB's tab within 4 years. That doesn't include his Obamacare, which will increase the debt to more than $20T in 4 years. U lose again.
@dswynne hahahahahaha hahahahahaha Talk about the rat calling out the cat. Do you ever acknowledge republican mistakes or just cream in your pants everytime some guy in a uniform feels your ass. hahahaha Jesus dude you got so much neo-con cum in that corporate belly, you think a war is your only way to salvation. hahahaha I have heard it all now. A republican doubling down on zero job growth for 8 years. An economy that made ponzi scheme a republican household name. Totally dumbed down.
@teabaggersblow What does this have to do w/ the tax debate? I guess when a person can't make a counter-argument, s/he grasp at straw-arguments & name calling. I'm letting u now that I won't respond to your stupidity, vulgarity and banality, unless you actually have something to say. But I will leave you this thought: the only ponzi scheme that is being double-downed upon is the Democratic policy of Social Security and union pensions, with their trillions of dollars of unfunded liability.
@dswynne Don't worry dude if you can't figure out the last decade of this new century, then you might as well jack off until you go blind completely. We already know you are blinder than a motherfucker right now since our recent ten year history went right over your itty bitty hard headed skull. But the dumber you are the less you have to give a shit about life in general. Just swallow the corporate cum and pick shit out of your master's ass all day.
@dswynne Don't worry dude if you can't figure out the last decade of this new century, then you might as well jack off until you go blind completely. We already know you are blinder than a motherfucker right now since our recent ten year history went right over your itty bitty hard headed skull. But the dumber you are the less you have to give a shit about life in general. Just swallow the corporate cum and pick shit out of your master's ass all day.
@dswynne The one that really makes me laugh is the TARP bill that was given to the mega banks. Dumbass I know how stupid you are becasue even Lehman before they went under said that their mortgages were no problem. Then we find out that the derivatives hanging out in the breeze made them get thrown under the bus by Goldman Sachs and others. At that time there was an extimated $60T in liabilities. And Lehman was not the only clowns in your fucking parade. Fuck a closet clown republican!
@teabaggersblow So, what happened to the TARP repayments from these banks, and why hasn't Obama began to pay down the national debt? In fact, Obama SAID that he's cut the debt in half during his first year in office (a lie, perhaps?). Btw, you do know that it was Goldman-Sachs who pushed for the derivatives in the first place, which tanked the economy in the end, while having their people set the financial reform that would benefit them in the end afterwards. So, how do u like being played?
@dswynne Tell me Einstein, Bush lied about that too. How else would he have gotten anybody in congress to approve the bullshit TARP. Blame Obama for that too. hehehehe How about McCain? How about Boehner? How about Pelosi? How about Reid? How about Cantor? How about McConnell? name the whole fucking political system. What is your mother fucking point? Republicans have been gaming americans since the fucking beginning of time. Stupid teatard! So just keep swallowing the republican cum.
@teabaggersblow You continue to name call and diverge from the actual topic, by making statements that haven't really helped your argument that the rich should pay their share of taxes, even after I pointed the facts that: a) the bottom 47% don't pay any federal income tax, b) the rich pays federal income taxes AND capital gains, c) the top 5% of earners pay 70% of the tax revenue, & d) that Obama spent more money in 3 years than Bush did in 8...and is more wasteful (i.e. "Solyndra"). YOU LOSE.
@teabaggersblow The sad thing is I used to be like you, until I learned that both Rebs and Dems engage in crony capitalism, will use people like you and me in order to obfuscate the real issues, and don't really care about anything else other than pushing their agendas. Hopefully, you'll come to the same conclusion that I have, and that it's about what is right and wrong, not WHO is right or wrong. I'll leave u now to stew in your ignorance, and won't be responding to you any more. Take care.
@dswynne What is sad...... is your fucking lies. Grow some nuts and quit appeasing your republican masters. Why anyone would follow a dictatorship loving anti-good wage republican is beyond me. Every fucking law that moved jobs overseas is in direct correlation to some fat white fuck republican voting for their corporate masters to dominate the market while fucking the working class of America.
@teabaggersblow Read the AP fact-checking report on the validity of Pres. Obama's assertion about the amount of taxes the various income levels actually pay. The "rich" pay the most @ an effective rate of 25% of income, while the effective rate for the "poor" is 10%, all thanks to the GWB tax cuts. As for the wisdom of raising the tax rates: in fact, in 2009, Obama said that doing so during a recession is BAD. In other words, Obama is a liar trying to shore up his dwindling political base.
@teabaggersblow Read the AP fact-checking report on the validity of Pres. Obama's assertion about the amount of taxes the various income levels actually pay. The "rich" pay the most @ an effective rate of 25% of income, while the effective rate for the "poor" is 10%, all thanks to the GWB tax cuts. As for the wisdom of raising the tax rates: in fact, in 2009, Obama said that doing so during a recession is BAD. In other words, Obama is a liar trying to shore up his dwindling political base.
@dswynne why should the 80% that only own 20% of values pay for the infrastructure supporting the ones owning 80%??
the poor pay MORE than the people who use the infrastructure the most, the corperations driving trucks on public roads pay virtually nothing for that privilige compared to the average american.
the top 0.1% send more money outside the US than all the rest of america combined, they send it to tax havens, and feed foreign economies instead. the money is a net loss to the US economy.
Simple math: you have $10 & I have $100. U pay no taxes, while I pay 35% of my $100. That leaves me $65. But I want to loan this other guy $20 on the promise that I would get money back with interest. So, I risk MY $20 by loaning the other guy money at 10% interest. If I lose on the risk, I'm out of $20, therefore I have $45 left, which is taxed the following year. But, if everything works, i get my money back plus interest, but is still taxed. Question: y should you get any of this?
@dswynne it would be more like, if you have 100$, and you want more. so you first make the people with less than 20$ pay for all the tools you need, then you only pay him 5% of the profit to do all the work.
the poor did all the investment in infrastructure, and you use the stuff they payed for without paying your share.
"The problem with socilalism is that you evetually
run out of other people's money."
-Margaret Thatcher
And when that happens you'll have to take there Social security and Medicare.
MegaXdsd 5 months ago
And God knows how Moody's and the S & P rated all these home and commercial property loans with AAA ratings. And they worked for the republican FED. Lying, cheating, stealing, republican pieces of shit. And we had Worldcom and Enron and Bernie Madoff. The fucking fox watched the fucking henhouse when republicans were in office. Fuck republicans!
teabaggersblow 5 months ago
The top 1% pay nearly 40% of all taxes. The bottom 48% of Americans pay NO taxes, and yet the rich don't pay taxes? What you hear in the media is only half the story. Investment income is only taxed at 15% because of Double Taxation. Go educate yourself you lazy and envious Americans. The new liberal = "give a man a fish, feed him for only a day" - Millionaires who invest allow others to earn money by starting businesses, etc. Do some self-education. BTW: I'm a tax accountant. I know the code.
TaxRevolution2 5 months ago
watch?v=eAaQNACwaLw
Not a fan of Alex Jones, but he's more right than not.
dswynne 5 months ago
When does the coon go back to Kenya?
ItzEthanDuh 5 months ago
Why Obama's economic plan will fail, can be whittled down to one name: Solyndra. Even after there were concerns about the company's operations, DOE Sec. Chu STILL approved the $500 million dollar loan guarantee (as in, "The US tax payer will take all the risk). In fact, every company that Obama has lauded as a sign of HIS economic policies have either failed or is failing. Then again, when only 8% of the Obama Administration has business experience, we shouldn't be surprised by the results...
dswynne 5 months ago
THANK GOD THE POORER WILL GET POORER AND THE RICH WILL BE POORER ALSO BETTER THEN THE POOR BECOMES POORER AND RICH BECOMES RICHER TY OBAMA
HanDynasty26349 5 months ago
Lets face it America is the face of evil now. Using their war tactics to fuel Russia and China's hidden Agenda's. The sad thing is if this is the future. Then I fear what countries and man will do with hidden technology from the people of the world as we strive for a more peaceful unpolluted world. We have the technology and still all these countries use the war machine and propaganda to manipulates the people to accepting their ideologies. That alone tells me something has to be done! Fight!
pickles7640 5 months ago
Anybody who knows Obama's plan will know it will most likely fail. Democrats will be crapping in their pants when it fails. Fuc* Democrats!
puttputtking 5 months ago
obama is done!
PatricksTime 5 months ago
"We’re home alone. There’s no adult in charge. Clinton would never have made these mistakes." --President Obama's Former White House Economic Adviser, Larry Summers
happystance9able 5 months ago
@happystance9able Clinton's a puppet too. He would of made the same mistakes if he was told too by his masters. That's what people like u need to understand. A number of past Presidents that we have had were and r still connected to the Bilderberg Agenda and the NWO take over. We r in for some trouble if we don't do something. These people do not care about your well being. They care about making u poor and taking all of your money for their gain.
pickles7640 5 months ago
Frigin LIBS!
"The American people will never knowingly adopt Socialism. But under the name of 'liberalism' they will adopt every fragment of the Socialist program, until one day America will be a Socialist nation, without knowing how it happened." Norman Thomas
(1884-1968) six-time Democrat U.S. Presidential candidate
mikestheman3 5 months ago
I think the problem with those who support the Obama plan don't know basic economics or taxation. The "rich" not only pay income tax, but also capital gains tax on their investments, while the poor and middle class pay very little, if any, in either categories. Warren Buffet can say that his secretary pay more in income taxes because he, technically, isn't earning income. He's living off of his wealth while still owing a billion dollars on it.
dswynne 5 months ago 2
those of us who want the United States to move ahead will support President Obama in this; we made millionaires into billionaires and then we all lost our jobs and got almost zero investment in our nation from them.
CantStopThat 5 months ago
@CantStopThat Then you better include the Democrats in your derision, because they, through their policies, made it too expensive to compete globally. Hell, government regulations alone has a cost of 1 trillion dollars a year. How much of that money the common worker can benefit from? And, this is on top of the fact that Obama has flat out said that he tends to make, for example, coal extraction too expensive, which equals loss of jobs. Face it; Obama is ignorant about how to manage money.
dswynne 5 months ago
This has been flagged as spam show
@CantStopThat Then you better include the Democrats in your derision, because they, through their policies, made it too expensive to compete globally. Hell, government regulations alone has a cost of 1 trillion dollars a year. How much of that money the common worker can benefit from? And, this is on top of the fact that Obama has flat out said that he tends to make, for example, coal extraction too expensive, which equals loss of jobs. Face it; Obama is ignorant about how to manage money.
dswynne 5 months ago
Obama is running out of ideas, when the solution is to Close down the Federal reserve. All the Tax goes to pay the Fed, so how can it create Jobs. People still dont get it. Obama is borrowing money to pay the debt. News today Obama wants to pay off 3 Trillion of the debt, I imagine he will borrow it from the fed and give it back to the Fed, and pay interest on the 3 Trillion. The party is over, the game is up, here comes WW3, those ready to die for foolishness, I solute you.
maria610421 5 months ago
How comes Timothy don't pay any Tax, but he is in the White House, All of Obamas Advisers don't pay a penny in Tax. So here is the question why should anybody else. How about Penny Pritsker she don't pay any tax, she was the one who helped Obama into the White House. Most of the people in Congress don't pay any Tax, and the Senet. The only people who pays tax is the poor, the rich buys their stuff whole sale.
maria610421 5 months ago
Dont be fooled by this bullshit. Obama doesn't care about taxing the rich. He gave a bunch of them free money to crash their failing companies into the ground. Taxing the rich will ultimately mean taxing the middle class.
wipemysmile 5 months ago
yes but /watch?v=661pi6K-8WQ
vlada881 5 months ago
This has been flagged as spam show
!*WARNING*! THIS IS NOT NEWS GO TO TWITTER AND SEARCH hastag "occupywallstreet" & "takewallstreet"!!! THIS IS NOT FUCKING NEWS ITS NEWS THAT THERE ARE OVER A 1000 PEAPOLE CAMPING OUT SIDE WALL STREET TAHRIR SQUARE STYLE FOR THE SECOND DAY IS NEWS!!!!!!!!!!!!!!! THERE IS A MEDIA BLACK OUT DO YOUR PART AND SPREED THE MESSAGE
alhassan1111 5 months ago
about time we got some good news :D
xxGhostXIIIxx 5 months ago
About time the rich paid some taxes.
CJCA915 5 months ago
@CJCA915 They ARE paying taxes. This story is about them paying MORE.
dswynne 5 months ago
@dswynne Well, to me, they're paying so little, they might as well not be paying any.
CJCA915 5 months ago
let's go Obama,
destroy everything that made USA so great
hdzsound 5 months ago
Comment removed
CaveStoryChannel 5 months ago
Comment removed
hdzsound 5 months ago
This has been flagged as spam show
@hdzsound
Poverty, totalitarianism, ass-kissing, poor healthcare, mediocre education? That made the USA "so great"? The world is laughing at your country, and are praising Obama for bringing in some reason.
CaveStoryChannel 5 months ago 2
@hdzsound What? The rich getting away with tax breaks, loopholes, etc...
CJCA915 5 months ago
@CJCA915 Getting away with WHAT? They are the only group that is paying federal income taxes, as oppose to the bottom 47 percent who pay nothing.
dswynne 5 months ago
@hdzsound during the "golden age" of the US, corperations paid almost 50% of -all- taxes, they are now down to barely 15%. and the ritch payed as much as 70% in taxes, they are now down to 15%. the poor however, have had a steadily increased tax rate, and drasticaly increased living cost without increased capital when adjusted for inflation.
the democrats and republicans have collectively been screwing the poor and middleclass for the last 60 years.....
evilblades 5 months ago
@evilblades
hmmmm how true is that ?
very interesting very interesting
RayWilliamJohansen 5 months ago
While the tax rate was high, the rich had more deductions to write off. Also, 47% of the populace pays NO federal income taxes (due to tax credits), and Warren Buffet pays less income taxes b/c he is living off of the earnings of his investments only, while still owing capital gains. even this news pieces flatly states that any tax increase on the rich is nothing, as long as spending stays the same. If Obama is serious about tax reform, he should have listened to his Simpson-Bowles Commission
dswynne 5 months ago
@dswynne "47% of the populace pays NO federal income taxes ". and neverthless the top 10% possessing 80% of all financial assets the bottom 90% holding only 20% of all financial wealth. more disasterous is that the top 0,1% of americans own 24%
why would the 10% people who own 90% of the wealth pay less than the 90% who own barely 20%???
in any just world the 99.9% of americans would rise up and slay 0.1% of americans, and thus more than DOUBBLE the wealth for 90% of americans.
evilblades 5 months ago
@evilblades That doesn't even make sense. So, you're saying that just b/c they are not contributing tax wise, they should still reap the spoils of a dynamic economy? The rich doesn't just spend money. They make money through investing their money in ideas and companies thru risk. When those ideas and companies do increase in value, they get a return on their investment. Hence, they make money, which is taxed. The lower 47% don't risk capital or contribute, so why should they get anything?
dswynne 5 months ago
@dswynne I think you got yourself confused. How many times do we have to ask some millionare to fuck you in your republican ass before you get sore? I know you stupid teatards can take a truckload of cock but after losing 8 million jobs and 58,000 factories with half of the middleclass going to the poor house, it is time for your republican kind to cover that asshole long enough for America to grow again.
teabaggersblow 5 months ago
@teabaggersblow I simply believe the phrase: "To the victor, comes the spoils". The rich make money through investments. From there, money is created through the creation of ideas and products that prove popular with the consumers. And the more popular they are, the more valuable they become, hence the return on the investments. Those same investments are then taxed as capital gains. Thus, in total, the rich may own the majority of the wealth, but they provide most of the revenue, too.
dswynne 5 months ago
@dswynne So? We all know what you just said is a pile of shit. Look around dumbass. We are not producing jobs with the extra money the wealthy got from not paying their fair share of taxes. Any extra tax money could go for research and deveopment which would create jobs. It could also fill the whole of lost revenue from poor job growth and Bush tax cuts for the wealthy for the last fucking decade. It could go for an infrastructure overhaul as well. Fuck republicans!
teabaggersblow 5 months ago
@teabaggersblow Really? I know facts, and the fact is that the Obama Administration is strangling companies ability to do business with uncertainty, with higher taxation, more regulation, and, oh, the-soon-to-be-implemented healthcare law. Basic economics is something you know nothing about. And the bulk of R&D is always from private investment, such as the PC, Mac, Google, YouTube, etc. And even under Bush, there has never been unemployment above 8%, so continue to drink the Kool-Aid.
dswynne 5 months ago
@dswynne Your facts are like all republican's facts when it it comes to reality. You are both all wet. We know Clinton signed the bill by Gramm(R) concerning credit default swaps. Then a year or so later Bush signed a bill to stop any prosecution for selling derivatives (insurance) without a license. Without bush signing that second bill, derivatives were dead on arrival. Several years later Lehman Bros went down like the Titanic. We all know republicans are more crooked than the day is long.
teabaggersblow 5 months ago
@teabaggersblow When you make an assertion, try to stick to the SUBJECT. Anyway, the 1% of the top earners pays 50% of the tax revenue; 5% of the top earners pays 70% of the tax revenue. Meanwhile, 47 percent of the bottom earners pay NO TAXES, & this is AFTER Bush got involved with his across-the-board tax cut that lowered ALL Clinton taxes rates. And btw, you better include the Dems as corrupt, b/c it was their push for fake public securities (ie Freddie and Fannie) that tanked the economy.
dswynne 5 months ago
@dswynne So tell me where I go wrong when I say fuck all republicans. And teabaggers would not know facts if it dripped down their ass in the toilet of a gay bar. You are part of the 25%-33% of american teatards that want millionaires to get all the tax loopholes they could ever need for the rest of their lives. hahaha Ok motherfucker!
teabaggersblow 5 months ago
@teabaggersblow Already did, and you have only responded with "non-facts". I could care less about what you or other people make, so long as neither you nor anyone else interfere with how I earn my own money. What I do with my "stash" is my business, and not yours or the government's. But I find it most telling that you are willing to support an economic policy is a failure, when compared to Bush's or Clinton's. In fact, under Bush II, the US were engaged in 2 wars w/ unemployment below 8%.
dswynne 5 months ago
Comment removed
teabaggersblow 5 months ago
@dswynne The two wars were not paid for dumbass. Unemployment under 8% becasue every republican with a pulse had a defense contractor building tons of shit that kept the unemployment rate down. And every bank with any money were trying to get dumbfucks like you to refinance your house or buy three more with their money at low interests rates. Musical fucking houses all orquestrated by lying republicans and big banks. FBI warned Bush of predatory lending in 2002. Fuck republicans!
teabaggersblow 5 months ago
@teabaggersblow Try again. Blaming the 2 wars would not have kept the unemployment rate below. Fact: revenue doubled under GWB, which is why the actual yearly budget deficit never rose above $500B, with a total of $5T of debt overall during GWB's 8 years in office. Obama, on the other hand, has an annual budget deficit of $1.5T, & has already going to match GWB's tab within 4 years. That doesn't include his Obamacare, which will increase the debt to more than $20T in 4 years. U lose again.
dswynne 5 months ago
@dswynne hahahahahaha hahahahahaha Talk about the rat calling out the cat. Do you ever acknowledge republican mistakes or just cream in your pants everytime some guy in a uniform feels your ass. hahahaha Jesus dude you got so much neo-con cum in that corporate belly, you think a war is your only way to salvation. hahahaha I have heard it all now. A republican doubling down on zero job growth for 8 years. An economy that made ponzi scheme a republican household name. Totally dumbed down.
teabaggersblow 5 months ago
@teabaggersblow What does this have to do w/ the tax debate? I guess when a person can't make a counter-argument, s/he grasp at straw-arguments & name calling. I'm letting u now that I won't respond to your stupidity, vulgarity and banality, unless you actually have something to say. But I will leave you this thought: the only ponzi scheme that is being double-downed upon is the Democratic policy of Social Security and union pensions, with their trillions of dollars of unfunded liability.
dswynne 5 months ago
@dswynne Don't worry dude if you can't figure out the last decade of this new century, then you might as well jack off until you go blind completely. We already know you are blinder than a motherfucker right now since our recent ten year history went right over your itty bitty hard headed skull. But the dumber you are the less you have to give a shit about life in general. Just swallow the corporate cum and pick shit out of your master's ass all day.
teabaggersblow 5 months ago
@teabaggersblow
“The problem with socialism is that you eventually
run out of other people’s money.”
- Margaret Thatcher
dswynne 5 months ago
@teabaggersblow
“The problem with socialism is that you eventually
run out of other people’s money.”
- Margaret Thatcher
dswynne 5 months ago
This has been flagged as spam show
@teabaggersblow
“The problem with socialism is that you eventually
run out of other people’s money.”
- Margaret Thatcher
dswynne 5 months ago
@dswynne Don't worry dude if you can't figure out the last decade of this new century, then you might as well jack off until you go blind completely. We already know you are blinder than a motherfucker right now since our recent ten year history went right over your itty bitty hard headed skull. But the dumber you are the less you have to give a shit about life in general. Just swallow the corporate cum and pick shit out of your master's ass all day.
teabaggersblow 5 months ago
@dswynne The one that really makes me laugh is the TARP bill that was given to the mega banks. Dumbass I know how stupid you are becasue even Lehman before they went under said that their mortgages were no problem. Then we find out that the derivatives hanging out in the breeze made them get thrown under the bus by Goldman Sachs and others. At that time there was an extimated $60T in liabilities. And Lehman was not the only clowns in your fucking parade. Fuck a closet clown republican!
teabaggersblow 5 months ago
@teabaggersblow So, what happened to the TARP repayments from these banks, and why hasn't Obama began to pay down the national debt? In fact, Obama SAID that he's cut the debt in half during his first year in office (a lie, perhaps?). Btw, you do know that it was Goldman-Sachs who pushed for the derivatives in the first place, which tanked the economy in the end, while having their people set the financial reform that would benefit them in the end afterwards. So, how do u like being played?
dswynne 5 months ago
@dswynne Tell me Einstein, Bush lied about that too. How else would he have gotten anybody in congress to approve the bullshit TARP. Blame Obama for that too. hehehehe How about McCain? How about Boehner? How about Pelosi? How about Reid? How about Cantor? How about McConnell? name the whole fucking political system. What is your mother fucking point? Republicans have been gaming americans since the fucking beginning of time. Stupid teatard! So just keep swallowing the republican cum.
teabaggersblow 5 months ago
@teabaggersblow You continue to name call and diverge from the actual topic, by making statements that haven't really helped your argument that the rich should pay their share of taxes, even after I pointed the facts that: a) the bottom 47% don't pay any federal income tax, b) the rich pays federal income taxes AND capital gains, c) the top 5% of earners pay 70% of the tax revenue, & d) that Obama spent more money in 3 years than Bush did in 8...and is more wasteful (i.e. "Solyndra"). YOU LOSE.
dswynne 5 months ago 2
@dswynne Fuck an ALEC agenda republican. How much money do these corporate ass pirates need to control our lives?
teabaggersblow 5 months ago
@teabaggersblow The sad thing is I used to be like you, until I learned that both Rebs and Dems engage in crony capitalism, will use people like you and me in order to obfuscate the real issues, and don't really care about anything else other than pushing their agendas. Hopefully, you'll come to the same conclusion that I have, and that it's about what is right and wrong, not WHO is right or wrong. I'll leave u now to stew in your ignorance, and won't be responding to you any more. Take care.
dswynne 5 months ago 2
@dswynne What is sad...... is your fucking lies. Grow some nuts and quit appeasing your republican masters. Why anyone would follow a dictatorship loving anti-good wage republican is beyond me. Every fucking law that moved jobs overseas is in direct correlation to some fat white fuck republican voting for their corporate masters to dominate the market while fucking the working class of America.
teabaggersblow 5 months ago
@teabaggersblow Read the AP fact-checking report on the validity of Pres. Obama's assertion about the amount of taxes the various income levels actually pay. The "rich" pay the most @ an effective rate of 25% of income, while the effective rate for the "poor" is 10%, all thanks to the GWB tax cuts. As for the wisdom of raising the tax rates: in fact, in 2009, Obama said that doing so during a recession is BAD. In other words, Obama is a liar trying to shore up his dwindling political base.
dswynne 5 months ago
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@teabaggersblow Read the AP fact-checking report on the validity of Pres. Obama's assertion about the amount of taxes the various income levels actually pay. The "rich" pay the most @ an effective rate of 25% of income, while the effective rate for the "poor" is 10%, all thanks to the GWB tax cuts. As for the wisdom of raising the tax rates: in fact, in 2009, Obama said that doing so during a recession is BAD. In other words, Obama is a liar trying to shore up his dwindling political base.
dswynne 5 months ago
@dswynne why should the 80% that only own 20% of values pay for the infrastructure supporting the ones owning 80%??
the poor pay MORE than the people who use the infrastructure the most, the corperations driving trucks on public roads pay virtually nothing for that privilige compared to the average american.
the top 0.1% send more money outside the US than all the rest of america combined, they send it to tax havens, and feed foreign economies instead. the money is a net loss to the US economy.
evilblades 5 months ago
Simple math: you have $10 & I have $100. U pay no taxes, while I pay 35% of my $100. That leaves me $65. But I want to loan this other guy $20 on the promise that I would get money back with interest. So, I risk MY $20 by loaning the other guy money at 10% interest. If I lose on the risk, I'm out of $20, therefore I have $45 left, which is taxed the following year. But, if everything works, i get my money back plus interest, but is still taxed. Question: y should you get any of this?
dswynne 5 months ago
@dswynne it would be more like, if you have 100$, and you want more. so you first make the people with less than 20$ pay for all the tools you need, then you only pay him 5% of the profit to do all the work.
the poor did all the investment in infrastructure, and you use the stuff they payed for without paying your share.
evilblades 5 months ago