House Repugs Bill: Cut Tax for 1%, Raise Tax for 99%

[boutons_deux]

House Republican Bill Would Fast-Track Tax Cuts For The Wealthy And Corporations

(1) a consolidation of the current 6 individual income tax brackets into not more than two brackets of 10 and not more than 25 percent;

(2) a reduction in the corporate tax rate to not greater than 25 percent;

(3) a repeal of the Alternative Minimum Tax;

(4) a broadening of the tax base to maintain revenue between 18 and 19 percent of the economy; and

(5) a change from a ‘‘worldwide’’ to a ‘‘territorial’’ system of taxation.


http://thinkprogress.org/economy/2012/07/27/600341/gop-fast-track-taxes/

Class warfare: increasing wealth (political power) to the 1% while decreasing wealth for the 99%.

Repugs are really all for raising taxes, as long as it's not on themselves and the 1%.

[Clipper Nation]

That's why we need :worthy: Ron Paul da gawd :worthy: in the White House, to lower and even eliminate some taxes for the 99% and cut wasteful spending, tbh....

[boutons_deux]

the answer we NEVER hear: which "wasteful spending"

Paul is a failed, insignificant, ineffective Congressman.

[baseline bum]

Gotta love the fact that every later generation is eventually going to pay taxes out the ass to make up for the baby boomer tax holiday of the past 30 years.

[boutons_deux]

The annual budgets were just about in balance (no increase in national debt), in fact there was a huge surplus as dubya and dickhead took office. They then Repugs started misgoverning, and pushing hard the VRWC policy of cutting taxes dramatically (required reconciliation in the Senate) and spending on wars and buying votes (medicare Part D + Advantage). result?

dubya, as result of Repug/conservatives policies, tripled the national debt which they, and other ignorant fucks here, now blame exclusively on the Dems.

[DMX7]

If Ann Romney can't deduct her dressage related expenses, then we may as well be living in Nazi Germany.

[boutons_deux]

If Ann Romney can't deduct her dressage related expenses, then we may as well be living in Nazi Germany.

She deducts nearly $80K for her precious horse, while the 99% can deduct only $1000 for a dependent kid.

[DMX7]

She deducts nearly $80K for her precious horse, while the 99% can deduct only $1000 for a dependent kid.

And you're willing to live in a country that's no longer free in order to change that?

[boutons_deux]

the 99% of "the country" understands how such luxuary amusement allowances are fundamentally unfair, but the disenfranchised 99% has no say anymore.

The 1% runs the country for its own enrichment, owning and operating the legislators, regulators, enforcers.

[DMX7]

the 99% of "the country" understands how such luxuary amusement allowances are fundamentally unfair, but the disenfranchised 99% has no say anymore.

The 1% runs the country for its own enrichment, owning and operating the legislators, regulators, enforcers.

We need the rich to stay rich. If the rich can't afford their car elevators, then who's going to buy car elevators? Poor People? An entire industry will go down in flames. Is that what you want?

[Clipper Nation]

the answer we NEVER hear: which "wasteful spending"
http://www.ronpaul2012.com/the-issues/ron-paul-plan-to-restore-america/


Paul is a failed, insignificant, ineffective Congressman.
And Obama was a bill-passing machine before he was elected President? Funny, I seem to recall reading that he'd vote "present" most of the time, tbh...

[Yonivore]

And Obama was a bill-passing machine before he was elected President? Funny, I seem to recall reading that he'd vote "present" most of the time, tbh...
And, when he wasn't voting present, he was building the most liberal voting record in the Senate. Hell, he was even scored to the left of avowed Socialist Bernie Sanders.

[Clipper Nation]

At least Paul has the balls to vote no on bills he fundamentally disagrees with, instead of voting yes in exchange for special interest favors or voting present like a pussy....

[DMX7]

http://www.ronpaul2012.com/the-issues/ron-paul-plan-to-restore-america/


And Obama was a bill-passing machine before he was elected President? Funny, I seem to recall reading that he'd vote "present" most of the time, tbh...

"most of the time"? I think that's bullshit, tbh...

[DMX7]

And, when he wasn't voting present, he was building the most liberal voting record in the Senate. Hell, he was even scored to the left of avowed Socialist Bernie Sanders.

Remember when he abolished the 2nd amendment just like the NRA said he would?

[Yonivore]

Remember when he abolished the 2nd amendment just like the NRA said he would?
He ain't out of office yet.

[Yonivore]

"most of the time"? I think that's bullshit, tbh...
I think -- and we can both look up the stories -- he mostly voted present (and it was quite a few times) on issues he was unwilling to reveal his true ideological stance because it would have jeopardized his run for the White House.

As it was, he still managed to out-Social Bernie Sanders -- no small feat.

[DMX7]

He ain't out of office yet.

:lmao

How much you want to be he doesn't? Oh, you're probably not the betting type now or ever... That makes sense. That makes a lot of sense.

[DMX7]

He voted present close to 3% of the time. Facts suck when you don't live in reality, don't they?

[Yonivore]

:lmao

How much you want to be he doesn't? Oh, you're probably not the betting type now or ever... That makes sense. That makes a lot of sense.
I'll bet he doesn't, either.

[DMX7]

I'll bet he doesn't, either.

But he really wants to, doesn't he? :lol

[Yonivore]

But he really wants to, doesn't he? :lol
I think he'd like nothing more than to abolish the 2nd amendment. Well, okay, there are probably a few things he'd like more.

[DMX7]

I think he'd like nothing more than to abolish the 2nd amendment. Well, okay, there are probably a few things he'd like more.

I bet you think he also hates white people -- just like Glenn Beck said! I bet you think he'd like nothing more than to abolish them too!

[Yonivore]

I bet you think he also hates white people -- just like Glenn Beck said! I bet you think he'd like nothing more than to abolish them too!
No, I've never thought that. Isn't he from a mixed-race family and doesn't he have white relatives? Wasn't the grandmother he loved so much white?

Sorry, I'm not familiar enough with Glenn Beck's bloviating on much to know why he would have that opinion or if he even said it.

[DMX7]

No, I've never thought that. Isn't he from a mixed-race family and doesn't he have white relatives? Wasn't the grandmother he loved so much white?

Sorry, I'm not familiar enough with Glenn Beck's bloviating on much to know why he would have that opinion or if he even said it.

His mom is white! But who cares? This guy wants to abolish the 2nd amendment! He isn't thinking rationally, isn't that right, Yoni?

[Yonivore]

His mom is white! But who cares? This guy wants to abolish the 2nd amendment! He isn't thinking rationally, isn't that right, Yoni?
I'm not sure what one has to do with the other.

[Wild Cobra]

the 99% of "the country" understands how such luxuary amusement allowances are fundamentally unfair, but the disenfranchised 99% has no say anymore.

The 1% runs the country for its own enrichment, owning and operating the legislators, regulators, enforcers.
Why do you keep running your mouth when some of us in that 99% completely disagree with your ranting and raving?

Stop including me in your 99%. Your 99% who think they are disenfranchised by such things are probably more like 40%.

We had a growing economy when we had two marginal rates of 15% and 28%. many of us lived an remember that period.

[Wild Cobra]

He voted present close to 3% of the time. Facts suck when you don't live in reality, don't they?
He rarely voted on anything controversial.

Most the votes in congress are simple things like renaming post offices. His voting patterns would have affected the 2008 elections if he actually voted on hot topics.

[boutons_deux]

Your 99% who think they are disenfranchised by such things are probably more like 40%.


the low turnout in US elections, way lower than other industrial democracies, says Americans disenfranchise themselves. The ones that vote thinking their votes count for anything against the 1%, the UCA, are simpletons, suckers, myth believers, etc.

the only votes that count are the $Bs by the 1% and Corps used to bribe, buy legislators, regulators, enforcers, judges.

[scott]

We had a growing economy when we had two marginal rates of 15% and 28%. many of us lived an remember that period.

You mean from 1988 to 1991, when the economy screeched to a halt and dipped into recession, forcing GHW Bush to break his promise to not raise taxes, which was immediately followed by one of the largest economic expansions in American History?

Many us of lived and remember that period a lot better than you, apparently.

[DUNCANownsKOBE]

Gotta love the fact that every later generation is eventually going to pay taxes out the ass to make up for the baby boomer tax holiday of the past 30 years.
I'm already looking forward to it.

[scott]

FYI, in academia we refer to graphs like these as intellectually dishonest.

http://24.media.tumblr.com/tumblr_m83kqrwxS81qa0uujo1_500.jpg

[Spurminator]

^ :lmao

[boutons_deux]

FYI, in academia we refer to graphs like these as intellectually dishonest.

http://24.media.tumblr.com/tumblr_m83kqrwxS81qa0uujo1_500.jpg

hey bubbas, the tax increase on the wealthy would move from 35 to 39, and increase of 400%!

[Drachen]

FYI, in academia we refer to graphs like these as intellectually dishonest.

http://24.media.tumblr.com/tumblr_m83kqrwxS81qa0uujo1_500.jpg

This inspired a friend of mine on google plus to create a graph.
https://lh3.googleusercontent.com/-gsddyTJHJM0/UBr9t8Dh6GI/AAAAAAAARdI/1zkvDDPMAhw/s556/fox.png
OK, well, it comes out better on a phone.