Fascinating reading....and statistics such as the one decrying "butlering" as one of the fastest growing occupations in America. http://today.msnbc.msn.com/id/45900388/ns/today-books/t/how-take-america-back-greedy-bastards/ You can blame the GOP....you can blame Obama......but folks we have some serious decline overall in this country while the ultra rich just go from ultra to being uber rich....creating more millionaires faster than anywhere else while most Americans die on the vine.
Golly! I wonder who the president was these last four years? Didn't he have a veto-proof Congress for most of his stay? Couldn't he have rammed home any legislation that he wanted to? Does he not still control half of the Congress? Where are those 39 Czars that he appointed? What are they doing? He's running the first ever billion dollar reelection campaign with Wall Street money; why doesn't he have a plan to take care of the American people that's as good as the plan to take care of his friends? <iframe width="640" height="360" src="http://www.youtube.com/embed/sHQqhC4Sesc?feature=player_embedded" frameborder="0"></iframe>
I liked this part I was trying to remember who was opposed to those bailouts....oh, wait, I know, it was those Teabaggers....ah, no...it was the Teaparty folks. You know the ones, they were deamonized by the left over and over again. And of course, who's standing proud about bailing out the auto companies? Why it's Obama. The same one whose "stimulus package" bailed out the governmental employee unions. The greedy bastards.
We are the problem, Dave. We are sheep; under educated idiots looking for a free ride. We don't teach civics, government, geography or economics any more. We teach a revised history that is politically correct. God? Don't mention that anymore! That is an inconvenient truth if there ever was one. We don't know who we are, where we came from or how we got here. Elder folks, the largest segment of our population and growing, are mocked or ignored. We get our news from comedians. Our heads are buried in the safety of our cell phones and I-Pads where we can escape. We are a collective group of fat ass idiots who are too lazy to argue and too stupid to see what has happened. 46 million people on food stamps. 88 million people out of work and many of them not even looking. $16.5 trillion in debt. Government spending $187,000 per SECOND! Troops in combat all over the map and hated everywhere they " bring freedom to freedom loving peoples". All of these critical issues that threaten our very existence near term and our community organizer president may be re-elected on the strength of free birth control to all and his appeal to women on that one issue. And you wonder why the few small groups who are still keeping their head in the game continue to do well why the rest of society lines up at the entitlement trough like pigs being fattened for the slaughter? It's called Darwinism.... the strong will always beat the weak. Those with a plan will always dominate the fat, dumb and lazy. Unless our neo-socialist President can bring down the few segments of society that still fight the good fight with debilitating taxes and demonization. Wake up.
Ratigan is a complete whack job.....shame on those people for being successful and hiring people who are looking for jobs.
In Obama’s World This Isn’t Paying Your “Fair Share”: Top 1% Makes Almost 20% of All U.S. Income And Pays Almost 40% of All Income Taxes… But … but … but … Warren Buffet’s secretary! Paying their fair share — In Three Charts — Washington Examiner The Buffett Tax, because it won’t raise revenue, should be understood mostly as Election-Year demagoguery. And like most demagoguery, it is not well grounded in facts. The basic argument is that the rich don’t pay their fair share in taxes. Rather than data, President Obama relies on anecdote — that Warren Buffett supposedly pays taxes at a lower rate than his secretary does. Let me present some data to the contrary. The Buffett Tax, because it won't raise revenue, should be understood mostly as Election-Year demagoguery. And like most demagoguery, it is not well grounded in facts. First, below is a chart from CBO data showing who pays their "fair share" in federal individual income taxes, if fair share is defined by the Marxian saying, "from each according to his means." Each cluster is a quintile of the U.S. population. The 20 percent earning the least gets a net profit from the federal income tax. The second quintile as a group pays nothing. For the middle and fourth quintile, you'll see that the green bar -- their share of all income earned in the U.S. -- is much bigger than their red bar, which is their share of all individual income taxes paid to the IRS. Only the richest quintile pays more than its share, and it pays far more than its share. Earning 56% of all income, this quintile pays a whopping 86% of all the federal individual income taxes. The standard liberal response is that I'm being misleading because I'm only looking at federal individual income taxes, which for many people is a small portion of their tax burden. I'm unimpressed with this line of argument, though. If liberals don't like the distributive effects of FDR's Social Security Tax or LBJ's Medicare tax, they should change those laws, rather than try to further jury-rig the tax code. But even so, insert the payroll taxes (and to be fair, other federal taxes) and you get a flatter distribution, with the same basic theme: the bottom four quintiles take a greater share of the nation's income than the share they pay of federal taxes (their red bars are all shorter than their green bars). Meanwhile the top 20% pay far more than their proportionate share. But what about the very rich? Maybe they're just rich enough to get out of taxes? Well, I agree that tax-code complexity favors the wealthy, but still, the top 1% pays a higher portion of federal taxes than it makes in income. So there's still a debate. Proportional share and fair share aren't the same thing. But at least the administration should make an argument as to how to determine "fair share."
I think it's a matter of what you have left after taxes in proportion to family expenses. A family making 125,000 paying 17,000 in taxes has 108,000 left to buy and maintain automobiles including high gas expense to get to work and thousands in medical bills since no insurance plan these days takes care of squat. A family with 1.5 million in income pays say 20% with all of the deductions they can finagle and so they are left with 1.2 million dollars to "cope" with those same expenses that level the family making 125,000. Sure....the 1.5 million pay a crap load in taxes but they are left with a nice net after taxes to "make ends meet". Should the family making the 125,000 lose their medicare and social security because the country cannot afford it? Is that fair? Now who has more after family expenses to contribute to the US deficit? Who is sitting pretty and who is struggling to get ahead or have a retirement?
:? I must be really slow tonight. I just don't understand what point you're trying to make. Most Americans don't pay any taxes at all, which means that they keep 100% of what they make, except for Social Security, which is going broke because of all the people that the Democrats added to the system who never paid anything into it. Haven't the Republicans tried to save Social Security several times before, only to have the Democrats demagogue the debate and prolong the misery?
My impression is that it's the other way around in today's politics. Also......you basically only get out of social security what you pay into it. If you work hard all your life and make max contributions the amount goes up appreciably and if you don't I don't think it's whole lot of money. How about that.....an incentive for working hard.
:roll: If people were only getting what they put into it, then there wouldn't be a problem would there? You actually believe that the Democrats have been trying to save Social Security? How exactly have they done that? Please give examples. I'm not aware of any...
I like Paul Ryan a lot. His name comes up as a VP candidate, I sort of hope he stays in Congress for now. VP is such a dead end for a bright guy like him.
One of the biggest ripoffs of the Social Security system is non citizens coming here and receiving SSI benefits. The get out even if they've never put in. Here's a quote from the SS website There are plenty of other cases but this one just begs for abuse.