Obama supporters shocked at tax increases

[endtimer]

Originally Posted by scotty

Do I have to educate you on this thread too?
[/COLOR]

Not to interrupt the continuity in which you guys are educating this Lib, but this is sig. worthy.

[Monterrey]

Love it!

[Originalist]

Originally Posted by odooley6985

No. Should that matter? You must be one of those GOPers who dont care about the Seniors in this country.

You may as well stop the garbage right now. You guys held the congress for almost 50 years and did nothing to sure up soc sec. Instead, you stole from it to fund other liberal pork projects. Now you rob billions from medicare to fund obamacare. Next, you'll be raiding private 401k's.

[Originalist]

Originally Posted by odooley6985

When it comes to payroll taxes they dont. They dont get taxed on 100% of their income like I do. O and it makes sense that you guys would want to make it permanent. You guys hand out tax cuts regardless of being in involved in two wars and spending up the wazoo. Yet Obama is the one with the spending problem.

Won't work with me. I'm a Ron Paul supporter. I'm against the Bush/Obam wars. Nevertheless, Revenue went UP under the tax cuts of Kennedy, Reagan, and GW. The housing market crash wiped out the latter. But don't you think it's time to scrap the income tax and the IRS? Do America's working family deserve to have such an all powerful Federal department breathing down their necks? I'm sure a good liberal like yourself would agree with that.

[Originalist]

Originally Posted by odooley6985

I dont ride no ones coat tails. I know you and your kind like to think that all Dems are lazy minorities. My healthcare goes up every year. Everyone's does. 2013 I actually saw a decrease.

Let me ask you a question. Can you tell us , of all the income tac collected by the federal Government, what percentage of it is collected from the top ONE percent of income earners?

[Pliny]

Originally Posted by Pliny

Please see the link below for:
ECONOMIC REPORT
OF THE PRESIDENT
Transmitted to the Congress
February 2012

http://www.nber.org/erp/ERP_2012_Complete.pdf

These figures are from the report cited above:
Government Finance
Table B–78. Federal receipts, outlays, surplus or deficit, and debt, fiscal years, 1945–2013 [Billions of dollars; fiscal years]

George W. Bush was Pres. from 2001-2009
............................... Receipts ....Outlays ........ Surplus/Deficit
2001 ....................... 1,991.1 ..... 1,862.8 ............. 128.2
2002 ....................... 1,853.1 ..... 2,010.9 ............. –157.8
2003 ....................... 1,782.3 ..... 2,159.9 ............ –377.6
2004 ....................... 1,880.1 ..... 2,292.8 ............ –412.7
2005 ....................... 2,153.6 ..... 2,472.0 ............ –318.3
2006 ....................... 2,406.9 ..... 2,655.1 ............ –248.2
2007 ....................... 2,568.0 ..... 2,728.7 ............ –160.7
2008 ....................... 2,524.0 ..... 2,982.5 ............. –458.6 ..... -1637.5

George Bush effectively increased the total deficit 1.6375 Trillion Dollars

Obama becomes Pres. Jan. 20th 2009.
2009 ....................... 2,105.0 ..... 3,517.7 ............ –1,412.7
2010 ....................... 2,162.7 ..... 3,456.2 ............ –1,293.5
2011 ....................... 2,303.5 ..... 3,603.1 ............ –1,299.6
2012 (estimates) ....... 2,468.6 ..... 3,795.5 ............ –1,326.9
2013 (estimates) ....... 2,902.0 ..... 3,803.4 ............ –901.4 ..... -6234.1

Obama in 4 years adds 6.2341 Trillion Dollars to the deficit.
Good thing he is "working" to reduce deficits:
http://www.barackobama.com/news/entr...conomy-and-shr

Obama surpassed G. W. Bush's deficit addition of eight accumulative years of deficits in less than two years...

[Originalist]

Originally Posted by Pliny

These figures are from the report cited above:
Government Finance
Table B–78. Federal receipts, outlays, surplus or deficit, and debt, fiscal years, 1945–2013 [Billions of dollars; fiscal years]

George W. Bush was Pres. from 2001-2009
............................... Receipts ....Outlays ........ Surplus/Deficit
2001 ....................... 1,991.1 1,862.8 128.2
2002 ....................... 1,853.1 2,010.9 –157.8
2003 ....................... 1,782.3 2,159.9 –377.6
2004 ....................... 1,880.1 2,292.8 –412.7
2005 ....................... 2,153.6 2,472.0 –318.3
2006 ....................... 2,406.9 2,655.1 –248.2
2007 ....................... 2,568.0 2,728.7 –160.7
2008 ....................... 2,524.0 2,982.5 –458.6 -1637.5

George Bush effectively increased the total deficit 1.6375 Trillion Dollars

Obama becomes Pres. Jan. 20th 2009.
2009 ....................... 2,105.0 3,517.7 –1,412.7
2010 ....................... 2,162.7 3,456.2 –1,293.5
2011 ....................... 2,303.5 3,603.1 –1,299.6
2012 (estimates) .... 2,468.6 3,795.5 –1,326.9
2013 (estimates) .... 2,902.0 3,803.4 –901.4 -6234.1

Obama in 4 years adds 6.2341 Trillion Dollars to the deficit.
Good thing he is "working" to reduce deficits:
http://www.barackobama.com/news/entr...conomy-and-shr

Obama surpassed G. W. Bush's deficit addition of eight accumulative years of deficits in less than two years...

But he's doing it for ther middle class, so that makes it OK, right?

[Pliny]

Originally Posted by Originalist

But he's doing it for ther middle class, so that makes it OK, right?

The greatest threat to this nation is not a foreign power but a govt. drunk on spending.

What does a trillion dollars look like?
http://www.pagetutor.com/trillion/index.html

I ask all to consider this fact:
If you spent a million dollars a day, a million dollars a day, since Jesus walked teh earth you still would not have spent a trillion dollars.

The deficits are not due to a lack of revenue. The govt. has taken in over two trillion dollars a year since 2005 and still runs trillion dollar deficits. It is not a revenue problem. It is a spending problem.

It is immoral to steal from the next generation and the price will be paid. Ask Greece...


Edited to add the debt clock link:
http://www.usdebtclock.org/

[deacon blues]

Originally Posted by odooley6985

From the article:

“I know to expect between $93 and $94 less in my paycheck on the 15th,” wrote the ironically named “RomneyLies.”

Its going up 2%. Thats it. So for someone to be losing 93-94 dollars a paycheck cause of the expiration of the payroll tax rate, has to be making somewhere in the neighborhood of 115k giver or take a few thousand. Someone making that much is crying about 2200 dollars? I am only out 37.50 a paycheck. But hey we cry when SSI/Medicare is not funded and then we cry when we have to pay it.

Exhibit A under the subheading "Kool Aid Drinkers"

[deacon blues]

Originally Posted by odooley6985

When it comes to payroll taxes they dont. They dont get taxed on 100% of their income like I do. O and it makes sense that you guys would want to make it permanent. You guys hand out tax cuts regardless of being in involved in two wars and spending up the wazoo. Yet Obama is the one with the spending problem.

Delusional. You've fallen for all of the Democrat drum beating that tax cuts got us in this mess. Obama makes ALL previous presidents look like amateurs when it comes to spending. It's like comparing Derek Jeter to my eight year old Little Leaguer.