GGA: prove a question?
I'll give you a chance to prove this.
GGA: prove a question?
you're right I gave you too much credit
yes
carter had alot of badluck and couldnt handle it, but buchanan was terrible.
is it his foreign policy that you feel that way?
technically, reagan was not a "conservative" either. federal government expanded under his watch. the desire to outlaw abortion was never seriously pursued. reagan compromised with the USSR on arms control. he saved Social Security in 1983, and he failed to uphold the conservative dogma that taxes should never be raised.
in truth, reagan was the first of the neoliberals and neoliberal defines obama to a tee.
I forget. What taxes did he authorize to be raised? My understanding is that some of the '81 tax cuts were rolled back. taxes were still lower than when he took office.
link please.
Last edited by Wild Cobra; 07-12-2010 at 10:21 AM.
Obama is ranked ahead of Ronald Reagan! Nice...![]()
That's what makes the rankings so obviously biased.
"What taxes did he authorize to be raised"
St Ronnie the Infirm cut taxes on the wealthy (eg, himself) and raised SocSec to pay for (some of) it.
http://www.pensitoreview.com/2010/07...taxes-7-times/
http://en.wikipedia.org/wiki/Reaganomics
http://www.washingtonmonthly.com/fea...301.green.html
LOL...
That's all you have?
I already know all that. However, Social Security is insurance. Not taxes. The premiums needed an increase. We were coming into a time the rich would move away, then not pay the high rates. Were were losing tax payers. We need more tax payers, not less. We need to keep it attractive for rich people to live here. Keep up the "soak the rich" at ude, and some day, there will be none here to pay for you.
the tax equity and fiscal responsibility act (TEFRA) raised taxes by $37.5 billion per year (http://www.investorwords.com/6700/Ta...t_of_1982.html) and the highway revenue act raised the gasoline tax by another $3.3 billion. (http://en.wikipedia.org/wiki/Highway...ue_Act_of_1982 )
there was also the deficit reduction act of 1984, the consolidated omnibus budget reconciliation act of 1985, 86 and 87 and the raising of taxes on social security in 1984.
So?
The highway tax is based on cents per gallon, and not indexed to inflation. It needs an increase form time to time.
The $37.5 billion increase was still less than the decrease it followed.
I addressed the SS issue already.
You're not telling me anything I don't know already. Are you saying this is what you use as tax increases?. How pitifully small, and most inaccurate to class as a tax increase.
I assumed you must have had some real, significant increase. Is this the best you have?
TEFRA alone raised taxes by almost 1 percent of the gross domestic product, making it the largest peacetime tax increase in american history. an increase of similar magnitude today would raise more than $100 billion per year.
http://www.ustreas.gov/offices/tax-p...rary/ota81.pdf
You can you differentiate that from other factors?
1% my ass. I would say some, maybe all that credit belongs elsewhere.
Tax Equity and Fiscal Responsibility Act of 1982
1) repealed scheduled increases in accelerated depreciation deductions
2) tightened safe harbor leasing rules
3) required taxpayers to reduce basis by 50% of investment tax credit
4) ins uted 10% withholding on dividends and interest paid to individuals
5) tightened completed contract accounting rules
6) increased FUTA wage base and tax rate
I don't see the big deal. Nothing like democrats talk about tax increases.
What a bunch of nonsense.
As if Obama would ever order striking FAA workers back to work.
Or escalate an arms race against the Soviets.
Or cut income taxes almost in half (of course he did then raise them a little...but they were still far lower than they were in 1979).
Or veto bills because they had too much pork.
Or have the guts to call an adversary "evil".
yeah, why trust the US dept of treasury records and do ents ?
Or have the guts to authorize funding for groups fighting our enemies.
Or go to war
Or have the courage to switch political parties when he realizes he was wrong
really. a link to the daily show?
what compromise with ussr? because i recall them in the ussr wanting to make a deal with the us if reagan gave up star wars. reagan wouldn't agree.
its more factual than fox that's for sure. of course, you'd actually have to watch the clip to see that in this case.
yeah. maybe later.
I'm saying with the other changes, how can you determine the the breakdown of the 1%. To assign it to one thing is very narrow visioned.
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