L
everyone who has a kid and/or is married, got a tax cut. The tax increase democrats are passing is the highest in history, and all will suffer. Fact is, any tax increase hurts people with the least amount of money, tax increases don't really hurt rich people, they have plenty. People with little to moderate income are most hurt b/c they are usually barely making ends meet and taking more from them gives them less to save and spend.
Critics of the tax cutes predicted disaster, supporters the opposite, and now supporters have been proven right by more than three years of prosperity.
"The dividend rate would snap back to 39.6% from 15%, the capital gains rate to 20% from 15%, and the top marginal income tax rate to 39.6% from 35%. Marginal and average tax rates for the middle class would also increase, returning to the Clinton-era levies that had driven taxes as a share of GDP to a postwar high of 20.9%. "
"With an anticipated take of $400 billion over five years, the result would be a bigger tax increase than Bill Clinton's in 1993 -- the one that helped cost Democrats control of Congress the following year. "
"Come 2011, many families will be hit by a renewed marriage penalty. Consequently, 23 million Americans will then be hit with an average tax increase of $466. That same year, the child tax credit will be cut in half, costing 31 million Americans an average of $859 in more taxes."
"When the damage is tallied, 115 million working Americans would watch their taxes climb an average of $1,795, with 26 million small business owners being hit more than twice as hard at $3,960. The fact that these are average figures, incidentally, does not change the reality that taxes paid by middle-class families, not just the richest 1 percent, would be scheduled to go up under the Democratic plan."
"Taxpayers won't fare any better under the Senate's budget blueprint...[T]he plan championed by Democratic Senate Budget Committee Chairman Kent Conrad would raise taxes by $2,641 per household over the next ten years."
Tax cuts work. They worked when JFK did it, when Reagan did it, and again when Bush did.
Here's what will happen if they eliminate the tax cut as planned:
... You're a family of four earning $60,000 a year: Your income-tax bill will rise 61% in 2011, from $3,030 to $4,893.
... You're an elderly couple earning $40,000 a year: Your taxes will go up by 156% in 2011, from $583 to $1,489.
... You're a woman: You could be one of the 83 million American women who could see their taxes rise by an average of $2,068.
... You're married: You could be one of the 48 million married couples who will pay an average of $2,899 more under the liberal tax increase.
... You have kids: 42 million families with children will pay an average of $2,181 more in taxes.
... You're a small-business owner: 26 million small-business owners will get a tax bill for an average of $3,960 more than before.
Democrats are socialists in liberal clothing. They want to be sure you keep less than half your money (when you add federal + state + local + sales + property, etc. taxes). The programs they use this money to support are ineffective.
Tax cuts let people keep more of the property they earned.
Fancy is a fabricator
"They [the wealthy] are using 95% of the PUBLIC resources, so they should be paying 95% of taxes" that is utter BS. This has been proven time and time again. Most of the money goes to entitlement programs, which the wealthy do not benefit from. People like Fancy must create fanciful lies because reality doesn't support their belief system, and rather than change, they lie. The rich pay the most and get the least.
The fact is that the effective federal tax rate (taxes as a share of income) has fallen for every income group over the last 20 years EXCEPT those with upper incomes.
For those in the bottom quintile (20 percent of the population), the tax burden has fallen from 8.3 percent in 1981 to 5.3 percent this year.
Those in the middle quintile saw a drop from 21.9 percent to 20 percent.
The other quintiles also saw a decline, except those in the top quintile, who saw an increase in their tax rate from 27.1 percent to 27.4 percent.
YOU FOOL ONCE WE TAX ON THE RICH THEY ARE GOING TO MOVE THEIR BUISNESSES ELSE WERE. THEN THE PEOPLE WORKING ON THOSE BUISNESSES WOULD NOT HAVE NOBODY PAYING THEM. THEN THE ECONOMY WILL GO DOWN
Answer
Raising taxes is liberal way of governance. More money for entitlements to buy their way into power. People are sick and tired of it. I know I am. There is a luxury subdivision not far from my home and it is stacked top to bottom with subsidized low income families. I've worked my ass off all of my life to have what I have and I can tell you now I will never ever be able to afford that type of housing, NEVER. When you do all the right things and you see crap like that and know YOU are the one paying for it, it boils your blood. The Dems get in and the first thing they start talking about it raising my taxes to pay for more useless BS programs. I can see the little money they do let me have flying right out of my pocket even as we speak.
Raising taxes is liberal way of governance. More money for entitlements to buy their way into power. People are sick and tired of it. I know I am. There is a luxury subdivision not far from my home and it is stacked top to bottom with subsidized low income families. I've worked my ass off all of my life to have what I have and I can tell you now I will never ever be able to afford that type of housing, NEVER. When you do all the right things and you see crap like that and know YOU are the one paying for it, it boils your blood. The Dems get in and the first thing they start talking about it raising my taxes to pay for more useless BS programs. I can see the little money they do let me have flying right out of my pocket even as we speak.
Differenes between the early 1900's and now?
ivylander
If anyone could tell me some of the differences between the way of life now, as compared to the early 1900's that would be amazing and I would really appreciate it.
Also any good websites comparing now and then would be great as well. Thank you so much.
Answer
In 1900 a person was still likely to find him or herself squatting over a foul fetid hole in an outhouse or sharing a toilet with dozens of others. Even in a 'luxury' hotel or on an Ocean Liner the bathroom was down the hall and shared by dozens! These days even the poorest of the poor have access to indoor plumbing (mostly) and those with homes most often have multiple toilets.
A person in 1900 most likely owned a couple of shirts, a good suit, a couple of pairs of pants, and all were either scratchy wool or cotton requiring ironing to get out wrinkles. NO polyesters or other 'modern' fabrics - - - and clothing was still scarce in 1900 with T-shirts worn beneath a button up SHIRT -- --- --- casual clothing was frowned upon even for the poor!
Movies were brand new, silent and rarely longer than ten minutes in duration. There was no television in 1900. Those of modest middle class means might own an upright piano and the average family enetertained themselves with musical evenings, the children encouraged to learn an instrument or to polish their voices. Newspapers were a big deal in the early 1900s and most homes received a morning as well as a late afternoon or evening paper. People actually read a great deal during the early 1900s - - - magazines and paperback books, 'cheapies' were availible everywhere and so people staved off boredom with books and conversations, real actual face to face conversations.
Though telephones had been around since the 1880s a monopoly by AT & T froze progress. Most everyone shared a party line, so 'dirty' conversations were not encouraged since, much like the toilets of the era, as many as a dozen people might share a single phone line. And when one placed a phone call it was through an operator, no direct dialing, no area codes, one simply picked up the receiver and shouted something along the lines of "I need Northside 88," and a scratchy women's voice would say, "I will see if I can connect you, sir."
Spinster women were the majority of phone operators. It was thought immoral for young women to serve as phone operators since they might strike up a liason with the caller.
In the early 1900s Vaudeville was still King. People many in family groups would spend hours at a theater watching a variety of ten to fifteen minute live acts; a 'dumb' act done silent auch as acrobatings or dancing, a 'dialect' comedian who specialized in Yiddish Humor or Irish Humor or Deutch/German Humor, a singer often accopanied only by a pianist singing four or five songs, a roustabout pratfall comedian, s specialty act such as plate spinning, and so on, with only the top billed enteratainers repeating their act once more during the night.
(By now you will have gathered that you can provide the contrast for 'now')...
The big Sport in the early 1900s was Baseball - - - there was as yet no Professional Football, but, in season, College Football was big and entire communities supported their local University or College. Baseball was king and a majority of Americans could rattle of stats and tell you the names of more than a dozen players. Baseball Stars adorned everyday magazines and in the off season took to the Vadeville Circut giving demonstrations of their talents or even singing or doing comedy for their fans...
Food was purchased almost daily, there was 'ice boxes' in a few homes, cold boxes chilled by blocks of ice but no true refrigerators. Many people dined out at cheap eateries, or heated cans of chili over a hot plate.
Horses were still the main stay of transportation though the average person could rarely afford a horse! Horses pulled street cars, hauled produce to street markets, pulled hearses and carts. Autos were a new thing and just starting to take off. The introduction of the Ford Model T toward the end of the first decade made it possible for millions to purchase a motor vehicle.
The greatest similarity though between then and now was how rapidly people adopted to change and embraced change. In 1900 autos were acrace the airplane unknown and movies were known as 'flickers,' less than 5 minutes in lenth and mostly used to chase people out of theaters shoing live acts. By 1910 the auto was on everyones to buy list, airplanes were the rage, and movies were nudging out theater and vaudeville and big movie palaces were being constructed by 1914.
Peace///////\\\\\\
PS If I had a timne machine then 1890 nto 1920 New York would be my destination!
Double PS and yes there was Crime the more sensational the better to sell newspapers!!! Oh and no radio until the 1920s! Music was called rag time and people were really getting into kicking up their heels. Go watch Charlie Chaplin Comedies for a trip to the past!
In 1900 a person was still likely to find him or herself squatting over a foul fetid hole in an outhouse or sharing a toilet with dozens of others. Even in a 'luxury' hotel or on an Ocean Liner the bathroom was down the hall and shared by dozens! These days even the poorest of the poor have access to indoor plumbing (mostly) and those with homes most often have multiple toilets.
A person in 1900 most likely owned a couple of shirts, a good suit, a couple of pairs of pants, and all were either scratchy wool or cotton requiring ironing to get out wrinkles. NO polyesters or other 'modern' fabrics - - - and clothing was still scarce in 1900 with T-shirts worn beneath a button up SHIRT -- --- --- casual clothing was frowned upon even for the poor!
Movies were brand new, silent and rarely longer than ten minutes in duration. There was no television in 1900. Those of modest middle class means might own an upright piano and the average family enetertained themselves with musical evenings, the children encouraged to learn an instrument or to polish their voices. Newspapers were a big deal in the early 1900s and most homes received a morning as well as a late afternoon or evening paper. People actually read a great deal during the early 1900s - - - magazines and paperback books, 'cheapies' were availible everywhere and so people staved off boredom with books and conversations, real actual face to face conversations.
Though telephones had been around since the 1880s a monopoly by AT & T froze progress. Most everyone shared a party line, so 'dirty' conversations were not encouraged since, much like the toilets of the era, as many as a dozen people might share a single phone line. And when one placed a phone call it was through an operator, no direct dialing, no area codes, one simply picked up the receiver and shouted something along the lines of "I need Northside 88," and a scratchy women's voice would say, "I will see if I can connect you, sir."
Spinster women were the majority of phone operators. It was thought immoral for young women to serve as phone operators since they might strike up a liason with the caller.
In the early 1900s Vaudeville was still King. People many in family groups would spend hours at a theater watching a variety of ten to fifteen minute live acts; a 'dumb' act done silent auch as acrobatings or dancing, a 'dialect' comedian who specialized in Yiddish Humor or Irish Humor or Deutch/German Humor, a singer often accopanied only by a pianist singing four or five songs, a roustabout pratfall comedian, s specialty act such as plate spinning, and so on, with only the top billed enteratainers repeating their act once more during the night.
(By now you will have gathered that you can provide the contrast for 'now')...
The big Sport in the early 1900s was Baseball - - - there was as yet no Professional Football, but, in season, College Football was big and entire communities supported their local University or College. Baseball was king and a majority of Americans could rattle of stats and tell you the names of more than a dozen players. Baseball Stars adorned everyday magazines and in the off season took to the Vadeville Circut giving demonstrations of their talents or even singing or doing comedy for their fans...
Food was purchased almost daily, there was 'ice boxes' in a few homes, cold boxes chilled by blocks of ice but no true refrigerators. Many people dined out at cheap eateries, or heated cans of chili over a hot plate.
Horses were still the main stay of transportation though the average person could rarely afford a horse! Horses pulled street cars, hauled produce to street markets, pulled hearses and carts. Autos were a new thing and just starting to take off. The introduction of the Ford Model T toward the end of the first decade made it possible for millions to purchase a motor vehicle.
The greatest similarity though between then and now was how rapidly people adopted to change and embraced change. In 1900 autos were acrace the airplane unknown and movies were known as 'flickers,' less than 5 minutes in lenth and mostly used to chase people out of theaters shoing live acts. By 1910 the auto was on everyones to buy list, airplanes were the rage, and movies were nudging out theater and vaudeville and big movie palaces were being constructed by 1914.
Peace///////\\\\\\
PS If I had a timne machine then 1890 nto 1920 New York would be my destination!
Double PS and yes there was Crime the more sensational the better to sell newspapers!!! Oh and no radio until the 1920s! Music was called rag time and people were really getting into kicking up their heels. Go watch Charlie Chaplin Comedies for a trip to the past!
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Title Post: so what do you think on raising higher taxes?
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Author: Unknown
Thanks For Coming To My Blog
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