Obama threatened capital gains increase - Page 4

artm3 · 11-16-08, 05:16

Quote:

Originally Posted by MSOsr

AMEN, BROTHER!

Mike (clutching my gun and my Bible)

maybe you should try 'clutching' your wife/kids/family...
or maybe 'reality'?

just a thought...

NRA lifetime member here, CCW, H&K P7...but it's not the center piece of my ideology...

artm3 · 11-16-08, 05:22

Quote:

Originally Posted by MSOsr

And how does your analysis of the IRS stats conclude differently than the article I cited? Please point out the distortions (as a lawyer would, LOL)...don't just refer to something else.

I wonder if there would have been total peace and harmony if Obama had lost.....LOL if you believe that to be true.

Mike (wearing a huge smile on my way to church)

the middle class pays the bulk of the taxes, not the top 5%...
research it yourself, it's all there...
or no need, doesn't fit your agenda...

total anarchy if obama lost right?
as mike peeks outta his bunker...lol

I go to church, have since birth, 50+ years....
catholic school, lecturn, etc.
but it takes more than going through the motions like you...

you crazy evangelists are warping the 'word', so that your hate is ok...
you charletans who wear your religion on your sleeve generally are the most narrow minded and intolerant around...Jesus weeps for the 'false believers'...
haters won't see 'heaven'...
open your heart and mind, there's time...even for you

MSOsr · 11-16-08, 05:51

Are you thinking that because there might be a greater number of people that pay taxes in the middle class that they are paying more than their "fair share", even though the total taxes paid by the classes are those reported in the other articles?

You seem to be a "cafeteria Catholic", in selecting the issues that are important to you and voting accordingly, and not necessarily adopting what the Church teaches is important. Didn't your priest give a homily recently about how the most important issue to the church is the right to life, in opposing abortion and euthanasia? Didn't he say that issue trumps all other issues?

Don't let your bishop see your posts or you'll have to go to confession before receiving communion again.

Mike (walks the walk)

III · 11-16-08, 11:23

Quote:

Originally Posted by artm3

we should ALL be afraid if the likes of rove/cheney/bush/rummy get back in power...

you guys have destroyed this country, that's why we should be afraid...
the bulk of you are '5 deferment' chickenhawks...nothing to fear there...

Speak for yourself. They kept us safe since 9/11 at least didn't they? Thank you very much.

Destroyed this country? How? When? Where?

5 deferment chickenhawks? What is this nonsense?

III · 11-17-08, 12:11

Quote:

Originally Posted by artm3

you charletans who wear your religion on your sleeve generally are the most narrow minded and intolerant around...Jesus weeps for the 'false believers'...
haters won't see 'heaven'...
open your heart and mind, there's time...even for you

Oh, such naughty words. Narrow minded and intolerant? Are you sure you're not talking about liberals?

I'll pray for you.

Lumadar · 11-17-08, 12:54

Quote:

Originally Posted by artm3

the middle class pays the bulk of the taxes, not the top 5%...
research it yourself, it's all there...
or no need, doesn't fit your agenda...

http://www.house.gov/jec/publications/109/rr109-36.pdf

Yes, that is from "the government" itself, more specifically, the Joint Economic Committee.

Let me save some of you some time, here are the numbers put in bold by the government, in their report:

* The top 50% of income earners pay a whopping 96.5% of federal income taxes, while the lower 50% pay just 3.5%.
* The top 25% pay 83.88% of federal income taxes
* The top 10% pay 65.8% (these are people with an adjusted cross income of about $95,000 or higher)
* The top 5% pay 54.4%
* The top 1% pay 34.3% (these are people with an adjusted gross income of about $300,000 or higher)

Now, without taking a side, but simply pointing out facts...it appears that the top 5% do indeed pay "the majority" of taxes (Last I checked, 54.4% > 50%).

Lumadar · 11-17-08, 12:57

I stumbled across another interesting perspective, and food for thought. You decide...

Who Pays America's Tax Burden, and Who Gets the Most Government Spending?

by Andrew Chamberlain, Gerald Prante and Scott A. Hodge

Special Report No. 151

Executive Summary
While many studies answer the ques*tion of who pays taxes in America, the question of who gets the most government spending is often overlooked. Just as some Americans bear a larger portion of the nation's tax burden than others, some Americans also receive a larger share of the nation's government spending.

This report summarizes the key findings of a comprehensive 2007 Tax Foundation study of federal, state and local taxes and government spending. The results show that when we consider the distribution of government spending as well as taxes, it provides a dramatically altered view of how U.S. fiscal policy affects Americans at different income levels than is apparent from the distribution of tax burdens alone.

Overall, we find that America's lowest-earning one-fifth of households received roughly $8.21 in government spending for each dollar of taxes paid in 2004. Households with middle-incomes received $1.30 per tax dollar, and America's highest-earning households received $0.41. Government spending targeted at the lowest-earning 60 percent of U.S. households is larger than what they paid in federal, state and local taxes. In 2004, between $1.03 trillion and $1.53 trillion was redistributed downward from the two highest income quintiles to the three lowest income quintiles through government taxes and spending policy.

These findings suggest tax distributions alone do not tell Americans how much the nation's fiscal system is helping or hurting low-income households. To answer that, we must look beyond tax burdens to government spending as well. Lawmakers who ignore the distribution of govern*ment spending risk making policy judgments based on an incorrect set of facts about the United States fiscal system.

MSOsr · 11-17-08, 05:45

Thank you, Lumadar, for setting artm3 straight. I looked at the cite he gave and it appeared to say exactly what you just said -- but he kept saying that the middle class paid the bulk of taxes?

Mike

SamIam · 11-17-08, 07:34

Quote:

Originally Posted by artm3

The Associated Press: Election spurs 'hundreds' of race threats, crimes
Cross burnings. Schoolchildren chanting "Assassinate Obama." Black figures hung from nooses. Racial epithets scrawled on homes and cars.

Incidents around the country referring to President-elect Barack Obama are dampening the postelection glow of racial progress and harmony, highlighting the stubborn racism that remains in America.

From California to Maine, police have documented a range of alleged crimes, from vandalism and vague threats to at least one physical attack. Insults and taunts have been delivered by adults, college students and second-graders.

You don't think all this is questionable? We're always hearing these stories that upon closer inspection, turn out to have little basis in fact?

I would doubt that these stories will hold up either.