Federal income tax. That's the point here, not other taxes. If they aren't paying any federal income tax, they're moochers on the "free" federal services as I listed above. Why isn't important; all sorts of sob stories spring to mind, but the bottom line is you're not paying, you're not contributing to the finance of the programs I listed even though you derive benefit from them and, interestingly enough, you (generalization) advocate increasing some or all of those free-to-you programs.
Of course, Obama didn't invent this scheme, but he has made it the lynchpin of his political career with a devotion not seen since LBJ. So, of course he'll win re-election: free or subsidized stuff on the backs of others obfuscated through a national clearinghouse to remove the shame (i.e. USFG) is a winning sell.
the secret to happiness is to have you pay for my cocaine and mountain climbing-p0157
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Re: Romney 47% on his way to finishing 3rd in the
Tue Sep 18, 2012 at 11:51:05 AM EST
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If they aren't paying any federal income tax, they're moochers on the "free" federal services as I listed above.
You picked a bunch of federal-sounding things you seem to think are fully funded by income tax. Well. Who should we cut off?
"The fact of the matter is that the American tax code as a whole is almost perfectly flat. The bottom 20% of earners make 3% of the income and pay 2% of the taxes; the middle 20% make 11% and pay 10%; and the top 1% make 21% and pay 22%. "
So, of course he'll win re-election: free or subsidized stuff on the backs of others
Romney is also running on a platform of "free or subsidized stuff on the backs of others". He's just openly and smugly offering "free and subsidized stuff" to rich assholes, and its why he's going to lose.
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Re: Romney 47% on his way to finishing 3rd in the
Tue Sep 18, 2012 at 12:11:54 PM EST
5.00 (astute)
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There is no such thing as "the American tax code."
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Re: Romney 47% on his way to finishing 3rd in the
Tue Sep 18, 2012 at 08:39:18 PM EST
5.00 (astute)
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Why do you say that?
America! I could teach you, but I'd have to charge.
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Re: Romney 47% on his way to finishing 3rd in the
Tue Sep 18, 2012 at 08:40:42 PM EST
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Because Title 26, U.S.C., doesn't carry that exact title. Just more mere parsing of words.
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Re: Romney 47% on his way to finishing 3rd in the
Tue Sep 18, 2012 at 08:43:02 PM EST
5.00 (astute)
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Romney isn't running for governor.
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Re: Romney 47% on his way to finishing 3rd in the
Tue Sep 18, 2012 at 01:01:26 PM EST
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The federal income tax is far far FAR from flat; all you have to do is look at the progressive tax tables to see that, and that's even ignoring the absurd deductions that reduce federal financial responsibility based on some social engineering scheme (having children or buying a house). Furthermore, if it were flat, then it wouldn't be 47% of households paying no federal income tax, it would be either 0% or 100%. I could get behind either scenario, but that's not the world as it presently exists: 47% pay none, while the other 53% pay all.
Although, I must say your definition of flat is interesting: a group that earns 3% of the income pays 2% of the taxes, or 33% less than their per income share is considered "flat", as is another group paying 5% more than than their income share. Nice math there.
I've heard of Romney advocating cutting federal income taxes to those who already pay way more than their fair share by any metric (other than ability), but I haven't heard of him promising to start giving them free stuff or cutting them checks for breathing. That's President Boyfriend's schtick, and he does it well as measured by political success. It'll get him re-elected, that's all but certain at this point.
the secret to happiness is to have you pay for my cocaine and mountain climbing-p0157
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Re: Romney 47% on his way to finishing 3rd in the
Tue Sep 18, 2012 at 02:06:36 PM EST
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Although, I must say your definition of flat is interesting: a group that earns 3% of the income pays 2% of the taxes, or 33% less than their per income share is considered "flat", as is another group paying 5% more than than their income share. Nice math there.
Anything that could be "solved" by a 1-2% national sales tax-- the figure will constantly vary with economic cycles-- is about as close as you can expect to get to flat.
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Re: Romney 47% on his way to finishing 3rd in the
Wed Sep 19, 2012 at 05:30:52 AM EST
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30% off of flat is as close as can be achieved? Wow, with math like that, it's no wonder the federal budget is so out of whack.
And of course, that ignores the problem under discussion, namely Federal Income Tax. That is absurdly progressive, and since we're discussing a national election, it's the only tax that matters.
But wait! You may say what about payroll taxes? Those are flat or even, some make the case, regressive since SS tops out at ~100k. Medicare is flatish, save now at the high end to fund B.O. Care, though those paying the most in absolute terms are often ineligible for Medicare so they're "only" paying a flat rate for something they can not use. Yeah, that's fair. SS, while flat, is wildly progressive in terms of benefit. Someone retiring at an income level of 100k will only get ~40 cents on the dollar sent off in taxes compared to someone retiring at 20k. And, of course, someone retiring at 200k will only get the same benefit as someone at 100k since the payout only depends on pay in, as it should be. So, while both seemingly flat, it's the same old federal taxation story: the more you pay, the less you get.
So, while Romney is a putz, and will most certainly lose this election, he spoke the simple truth about federal taxation.
the secret to happiness is to have you pay for my cocaine and mountain climbing-p0157
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Re: Romney 47% on his way to finishing 3rd in the
Wed Sep 19, 2012 at 09:44:11 AM EST
5.00 (interesting)
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30% off of flat is as close as can be achieved?
No. A 1-2% national sales tax worked into the existing system would usually get it closer. Of course, it would also result in an overall regressive system at some times and in some locations-- which we certainly already have since we're so close to flat as it is. Since we're dealing with quintiles and different localities, any system set up can only be spoken of in generalities and will result in different results at different times and locations. But that's why it's "almost perfectly flat"; it's pretty damn close when such a small tax would level it.
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Re: Romney 47% on his way to finishing 3rd in the
Thu Sep 20, 2012 at 05:39:02 AM EST
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Not at the federal level it wouldn't. Perhaps by some hand-waving fuzzy numbers for the overall taxation (Federal+state+local), but we're not talking about that. We're talking federal only, the only tax rates that are relevant to this federal election. State and local tax rates are pertinent to state and local elections.
the secret to happiness is to have you pay for my cocaine and mountain climbing-p0157
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Re: Romney 47% on his way to finishing 3rd in the
Tue Sep 18, 2012 at 10:33:19 PM EST
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20% + 20% + 1% = 41%
2% + 10% + 22% = 34%
Sheesh, pull out all the statistics, eh?
How about this from the local mouthpiece of the DNC... More complete, an able apologetic for the current administration, and, most important, trying to obscure the issue.
But the truth will shine through, even if it fails to carry the day.
This is war, and the first casualty of war is, yes....
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THIS IS NOT WAR
Wed Sep 19, 2012 at 03:57:03 AM EST
5.00 (interesting)
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This is war, and the first casualty of war is, yes....
Life?
Elections aren't war, friend. Football isn't war. Baseball isn't war. Marriage isn't war. Only war is war. However, the battle is lost.
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Re: Romney 47% on his way to finishing 3rd in the
Thu Sep 20, 2012 at 06:12:26 PM EST
5.00 (brilliant, astute)
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What if I am very productive over the course of my life, paying a far above average amount of federal income taxes during that time, far exceeding that which most citizens pay in a lifetime? Then, toward the end of my life I chose to no longer work in such a way that I produced taxable income, am I a moocher in the years I don't pay taxes?
After all, I'm not contributing to the general fund in those years, but certainly continue to benefit from all the wonderful things our federal government does. I'd prefer to opt out of social security, but since I can't, I'll probably cash the checks if they still have them when I retire, so I guess I'd mooch.
Also, some on the other end of the spectrum who work jobs that pay very little and pay no federal income taxes still contribute to GDP and use their earned money to buy or rent things from small business owners like me, which increases my federal income taxes. I don't envy those people just because I pay a ton more taxes than they do. I wouldn't trade my lifestyle for theirs just to save on income tax.
Still others are students who didn't pay this year, but will have to pay federal income taxes for many years in the future.
I think harping on the raw number of people didn't pay federal income taxes in a single year is a bit misleading. Not all retirees or working poor are mooching slobs just sucking on the government teat, and not everyone who didn't pay this year gets to avoid it forever.
There ain't no good guy. There ain't no bad guy. There's only you and me and we just disagree - Jim Krueger
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Re: Romney 47% on his way to finishing 3rd in the
Fri Sep 21, 2012 at 04:25:19 AM EST
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Yes, unless you want to introduce lifetime maxes for income tax.
the secret to happiness is to have you pay for my cocaine and mountain climbing-p0157
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Re: Romney 47% on his way to finishing 3rd in the
Sat Sep 22, 2012 at 06:54:32 AM EST
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According to CBO, the tax burden is even more asymmetrically distributed than being widely quoted. By quintile:
Quintile %income %FederalTaxShare
Bottom 20 5.1% 0.3%
Middle20 14.7% 9.4%
Top20 50.8% 67.9%
That is wildly progressive, and makes laughable the notion that somehow the poor and middle class are subsidizing the rich. It also demonstrates why, politically, it is all but impossible to implement anything approaching a fair tax system: the bottom three quintiles just vote to push the burden to the top in increasing amounts. Two wolves and a sheep, voting on dinner.
the secret to happiness is to have you pay for my cocaine and mountain climbing-p0157
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Re: Romney 47% on his way to finishing 3rd in the
Sat Sep 22, 2012 at 07:12:39 AM EST
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...the notion that somehow the poor and middle class are subsidizing the rich
This idea is rooted in leftist ideology, often coupled to the belief that the economy is zero-sum and that the rich can only get that way by taking from the poor.
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Re: Romney 47% on his way to finishing 3rd in the
Sat Sep 22, 2012 at 07:26:38 AM EST
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It also demonstrates what leftist/democratic calls to "voting economic self-interest" really means: tax the very people who are (per capita AND per income) already shouldering a disproportionate burden of federal income taxes even more, in order to fund even more programs requiring even more taxation when they inevitably go over original budget. Lather, rinse, repeat.
And yet none dare call this socialism, or if they do, they're dismissed out of hand as crackpots and conspiracy theorists.
the secret to happiness is to have you pay for my cocaine and mountain climbing-p0157
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Re: Romney 47% on his way to finishing 3rd in the
Sat Sep 22, 2012 at 07:42:00 AM EST
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tax the very people who are (per capita AND per income) already shouldering a disproportionate burden of federal income taxes even more
As we should. Maybe you haven't been keeping up on current events but the only growth in income and wealth, and massive growth it has been, is at the top. It has been virtually flat or declining in every other group. The game is rigged. When the government pulls out the Money Bazooka it only fires at the already absurdly wealthy.
In a time where pensions, personal wealth, savings and incomes are declining for vast swaths of society, education opportunities and future prospects for their offspring are becoming bleak. Do you wish to create a permanent underclass? Because this is what you are promoting.
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Re: Romney 47% on his way to finishing 3rd in the
Sat Sep 22, 2012 at 08:21:14 AM EST
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Ah, an admitted socialist. Not only is the burden of funding the ever-expanding federal government not proportional to representation, it's not even proportional to income. In fact, the "problem" as seen by those on the left is that it isn't disproportionate enough. And then they wonder why people hide their income in off-shore accounts, or more dramatically, renounce their citizenship.
I've been pondering the ramifications of the above table, outside the obvious political:
Quintile %income %FederalTaxShare %FederalTaxShare/%income
Bottom 20 5.1% 0.3% 0.058
Middle20 14.7% 9.4% 0.639
Top20 50.8% 67.9% 1.34
This last column is, as the heading implies, simply %FederalTaxShare divided by %income. It is a measure of the flatness of the tax collection: in a perfectly flat tax scenario, each of these entries would be exactly 1. As can be seen, the deviation varies wildly from that. Now, if we normalize this column to the value of the Bottom20, we get:
Quintile %FederalTaxShare/%income RelativeTax/Dollar
Bottom 20 0.058 1
Middle20 0.639 10.87
Top20 1.34 22.72
So, comparing the tax burden per dollar, the Top20 pay nearly 23x more per dollar of income relative to the bottom 20, while the middle 20 pay nearly 11x as much per dollar.
The political debate comes down to whether you emphasize the 2nd column in the second table, or the third. By the second column, the middle 20 are getting subsidized by percentage of income (less than 1), so a growing federal tax burden affects them disproportionally less. Naturally, they will vote for more taxes on those in a higher bracket. However, if you emphasize the third column, you can see that per dollar they are shouldering a far greater burden than the bottom 20, by an order of magnitude.
However, by the numbers, and by any operational definition of fair outside of "can", the tax burden is wildly skewed to the top.
the secret to happiness is to have you pay for my cocaine and mountain climbing-p0157
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Re: Romney 47% on his way to finishing 3rd in the
Sat Sep 22, 2012 at 05:56:28 PM EST
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Yeah, those are pretty numbers and all... How does this address a skyrocketing income inequity? I know, I know - Just ignore it.
Hollowing out the middle with be the absolute end of the US as we know it. Once you create a permanent underclass, all bets are off. That is, of course, unless your master plan is so conservative that you are harkening back to the good ol' days of armed rebellion against a nation run by an aristocracy, which is exactly where you are headed.
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Re: Romney 47% on his way to finishing 3rd in the
Sat Sep 22, 2012 at 06:14:04 PM EST
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The income inequality is irrelevant in the context of the tax share inequality. When 5% of the wealth (bottom 20) pay 0.3% of the taxes, that's the real problem.
Here's a little tidbit of information: unless and until we go full on communist, where everyone gets paid exactly the same regardless of skill level/market demand, there is always going to be a bottom 20 percent, and a top 20%. Taxation, no matter how skewed, won't change that.
the secret to happiness is to have you pay for my cocaine and mountain climbing-p0157
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Re: Romney 47% on his way to finishing 3rd in the
Sat Sep 22, 2012 at 07:43:08 PM EST
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Odd that we managed to do quite well back when the top quintile income was averaging 20 times the labor force and their marginal rate was at 90% +. Also odd that developed countries with the highest quality of life tend to closely match this model. Yes, odd.
Rant away brother, you are going to lose this in the long run. An adjustment is coming.
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Re: Romney 47% on his way to finishing 3rd in the
Sun Sep 23, 2012 at 06:48:22 AM EST
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Back in the Cold War days, you mean? The war is over, brother, no need to tax at that rate anymore, and certainly not to make the existing safety hammock even more comfy. Not that those rates meant much then; far too many deductions and other "loopholes" to make those marginal rates very effective. If you want to live in socialist hells like Europe, great. Some of us will...resist...that happening here.
the secret to happiness is to have you pay for my cocaine and mountain climbing-p0157
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Re: Romney 47% on his way to finishing 3rd in the
Sun Sep 23, 2012 at 08:03:19 AM EST
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Back in the Cold War days?
I'm not sure what that irrelevance has to do with anything under discussion here.
Certainly the Cold War days weren't costlier than the Republican legacy of perpetual hot wars.
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Re: Romney 47% on his way to finishing 3rd in the
Sun Sep 23, 2012 at 08:08:38 AM EST
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Re: Romney 47% on his way to finishing 3rd in the
Sun Sep 23, 2012 at 08:51:47 AM EST
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All the more reason to cut defense spending along with everything else and lower taxes. There's no real existential threat anymore, so defense spending is way out of whack. There's also much less poverty, certainly by 1950's standards, today. If you just arbitrarily assign an income level as being "in poverty", sure, you can make sure there is whatever percentage you like as being "in poverty". Of course, with the safety hammock in place (and growing!), there's negative incentive to get off the dole and actually contribute to the funding of the federal government.
the secret to happiness is to have you pay for my cocaine and mountain climbing-p0157
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Re: Romney 47% on his way to finishing 3rd in the
Sun Sep 23, 2012 at 09:02:28 AM EST
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That's very bad, and needs to be addressed, absolutely. Welfare Spending makes that look responsible.
the secret to happiness is to have you pay for my cocaine and mountain climbing-p0157
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Re: Romney 47% on his way to finishing 3rd in the
Sun Sep 23, 2012 at 05:43:19 PM EST
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You do realize our population has experienced significant growth during that period, right?
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Re: Romney 47% on his way to finishing 3rd in the
Mon Sep 24, 2012 at 04:37:38 AM EST
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The population has only doubled in that period, roughly 150 to 300 million. Welfare spending has gone up by a factor of over ten. This can be seen by the graph being displayed per cpita in 2005 dollars. The exponential growth seen in that segment makes the defense one seem almost responsible. So, while I agree that defense spending is out of control, by the same criteria welfare spending is absurdly wildly out of control and just getting worse.
the secret to happiness is to have you pay for my cocaine and mountain climbing-p0157
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Re: Romney 47% on his way to finishing 3rd in the
Mon Sep 24, 2012 at 07:26:17 AM EST
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And gdp has done what?
And what happened with the Cold War? Are you just going to keep throwing crap at the wall until something sticks?
To be honest, I like that the right is feeling comfortable enough to speak freely on this issue. Please continue to blame the poor for all societal ills. And please continue to defend the plutocrats and multinationals who could give not one shit for this country.This could only end well.
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Re: Romney 47% on his way to finishing 3rd in the
Mon Sep 24, 2012 at 09:02:14 AM EST
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It's funny when they pose to be Ron Paul Republicans and then when you actually debate them "defense spending becomes responsible" and "abortion is a problem" and "marriage is a between a man and a woman." lol
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Re: Romney 47% on his way to finishing 3rd in the
Tue Sep 25, 2012 at 06:50:35 AM EST
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I didn't say current defense spending is responsible; quite the contrary, it's far in excess of accomplishing the mission of defending the territory of the USFG. Rather, if you'll note, I said that compared to the growth in welfare spending, the growth in defense spending seems responsible. That is, defense spending per capita in constant dollars has gone up at a much slower pace. It's comparing two bad things and by simply looking at the graph, one can see that welfare spending growth has far exceeded the growth in defense spending.
the secret to happiness is to have you pay for my cocaine and mountain climbing-p0157
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Re: Romney 47% on his way to finishing 3rd in the
Tue Sep 25, 2012 at 06:15:44 AM EST
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It's grown, of course, even in constant dollars. That graph is in constant dollars, though doesn't take into account population growth (i.e. not per capita). That would flatten is quite a bit, but there would still be growth. Of course, simple comparison shows that welfare spending (per capita constant dollars) has far outstripped GDP growth (same).
The cold war is over, that's why there isn't the need or the willingness to pay the tax rates (usual caveats about effective) that were in place during it, or the need for the USFG to spend as much in any sector (defense or welfare).
Blame the poor for societal ills? The only thing I'm blaming them for is expecting others to pick up the tab for their mooching while voting for even more.
the secret to happiness is to have you pay for my cocaine and mountain climbing-p0157
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Re: Romney 47% on his way to finishing 3rd in the
Sun Sep 23, 2012 at 08:12:08 AM EST
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And please keep in mind that the $671 billion shown in the chart does not include $19.3 billion for nuclear-related spending by the Dept. of Energy, $8.7 billion in counter-terrorism activities by the State Dept. and U.S. Agency for International Development, $27 billion for military intelligence, $129.3 billion for veterans programs (call this part of the expenditures for consequences of past wars), $18 billion that includes foreign military aid, international peacekeeping operations and projects such as cleaning up landmines in previous conflict zones, and $48.5 billion for pensions that go to military veterans and retired civilian Pentagon employees. Plus, $48 billion in defense-related interest debt.
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Re: Romney 47% on his way to finishing 3rd in the
Sat Sep 22, 2012 at 06:27:47 PM EST
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you really don't see a problem with paying 23x more federal taxes per dollar? Unreal. And yet, and yet, the federal tax code isn't progressive (disproportionate) enough! Absolutely amazing.
the secret to happiness is to have you pay for my cocaine and mountain climbing-p0157
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Re: Romney 47% on his way to finishing 3rd in the
Sat Sep 22, 2012 at 09:28:56 AM EST
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What I wish to create is some financial accountability for the out-of-control spending of the federal government. The first quintile has no, none, nada, incentive to reign in spending at all, quite the contrary: more spending is more free/heavily subsidized services/money for them. Although it's not quoted, I would presume the second quintile falls somewhere between the 1st and third in per dollar burden; that is, less than one. Right there, you have 60% of voters, being subsidized for the growing federal government they're voting into office. So, naturally, they vote for expanding federal programs, which we've seen in droves these last several years. Now, they're about to vote in passing the financial buck even more to those already shouldering far above their share of the burden.
the secret to happiness is to have you pay for my cocaine and mountain climbing-p0157
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Re: Romney 47% on his way to finishing 3rd in the
Sat Sep 22, 2012 at 07:42:15 AM EST
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tax the very people who are (per capita AND per income) already shouldering a disproportionate burden of federal income taxes even more
As we should. Maybe you haven't been keeping up on current events but the only growth in income and wealth, and massive growth it has been, is at the top. It has been virtually flat or declining in every other group. The game is rigged. When the government pulls out the Money Bazooka it only fires at the already absurdly wealthy.
In a time where pensions, personal wealth, savings and incomes are declining for vast swaths of society, education opportunities and future prospects for their offspring are becoming bleak. Do you wish to create a permanent underclass? Because this is what you are promoting.