Crap #1. During Clinton era, taxes were higher and we have surpluses. Almost all Clinton years we had balanced budget.
Yes, that is crap, during the Clinton/GOP congress years [congress is, ya know, a little bit involved in making budgets] we ran a 1.9 billion surplus in '99 and 86.4 billion in 2000... we also ran a deficit ever other year, most of those years the deficit exceeded the combined surplus of the last one each... I don't believe 2/8ths is 'almost all'
The middle class contributes the majority of the taxes collected by the Treasury
Crap #2. That's not true.
Yes it is from 2007 data but the tax rates are the same, yes? 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.
The intuitive mind is a sacred gift and the rational mind is a faithful servant. We have created a society that honors the servant and has forgotten the gift.
- Albert Einstein
King of Cairhien 20-7-2
Chancellor of the Landsraad, Archduke of Is'Mod
- Albert Einstein
King of Cairhien 20-7-2
Chancellor of the Landsraad, Archduke of Is'Mod
This message last edited by Isaac on 14/04/2011 at 05:10:34 PM
How can anyone seriously support Obama's budget proposals?
14/04/2011 02:49:30 PM
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I agree with your overall point but I do question one of your facts
14/04/2011 03:25:25 PM
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Using IRS data for 2008: (most recent year for which data is available)
14/04/2011 03:45:20 PM
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You didn't interpret the spreadsheet correctly. I'm positive of that.
14/04/2011 06:08:39 PM
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I'm gonna have to jump on board the wagon with that being a bad figure, got some others
14/04/2011 07:33:14 PM
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Data: http://www.irs.gov/pub/irs-soi/08in31mt.xls *NM*
14/04/2011 08:32:42 PM
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That's a breakdown of who modifies their returns and how it affects revenue.
14/04/2011 09:15:21 PM
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I believe you are questioning one of my definitions, not one of my facts.
14/04/2011 04:36:35 PM
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No matter how you define it I think it would be hard to call the top 5% middle class
14/04/2011 05:03:33 PM
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What a load of crap!
14/04/2011 03:49:29 PM
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Yes, your response is a load of crap.
14/04/2011 04:55:20 PM
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Re: Yes, your response is a load of crap.
14/04/2011 05:13:14 PM
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This is our first war without a tax increase.
14/04/2011 06:05:43 PM
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Er, check facts
14/04/2011 05:04:02 PM
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Yeah, lets fact check
14/04/2011 05:43:34 PM
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You understand you're actually supposed to cite data for a fact check right?
14/04/2011 06:38:22 PM
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I'm not sure thats entirely right
14/04/2011 05:51:18 PM
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What about the farm subsidies and the military?
15/04/2011 04:54:54 PM
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Cutting the military isn't enough
16/04/2011 04:27:11 AM
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Defense is 60% of the discretionary budget as well, so it's more like 26% overall. Just sayin'. *NM*
16/04/2011 04:53:30 AM
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