Who Pays Income Taxes And How much? % of AGI and %of Federal Personal Income Tax Paid Top 1% 40.42% Top 5% 60.63% Top 10% 71.22% Top 25% 86.59% Top 50% 97.11% Bottom 50% 2.89% (Tax Year 2007) Source: Internal Revenue Service And This is before Obama's income redistribution project even began... Remember all those afternoons when you had to study while your friends were out playing football? It may be an oversimplification, and, I know, for many people, life has been unfair, BUT, for the most part, it is the hardest working, most creative people who make it financially in this country. They then 'earn' the 'privilege' of paying everybody's income taxes. Even if I could stomach this, my problem is that no-one ever says 'Thank You'
wow, just wow. The liberal press puts out some bilge and someone named free thinker eats it up. Stimulus was $700B and gave us $400B increase in entilements alone. That jackass hopes you can't add, that's all. A 700B stimulus bill is only 7% of a 1.4T deficit!! It staggers the imagination as to how these hacks are just hoping that nobody will actually check the numbers.
.... Amazing isn't it? and it that piece above he lambasts Bush prescription drug benefit as adding to the deficit, while Obama has just jacked up social spending orders of magnitude more. no, what really amazing is the tortured arguments/lies to blame bush for everything. It's not hard, really. In 2008 the deficit was $455B, that was all bush. I didn't like a $455B deficit, it was uncomfortable. 2009 was an exceptional year, deficit + TARP+ crisis. Let's call 2009 as both belonging to Bush and Obama, since Obama supported TARP and actually illegally spent soome of the money on other items. Run forward to 2010, TARP is gone and it actually costs a lot less than we thought. There is also about a $300B drop in tax revenue, so that brings us to appoximately a $750B deficit if we just let Bush keep going, in fact make it $800B. The deficit this year is about $1.4T. Thats a $600B increase, all due to Obama and the dems. It theirs and theirs alone. It's their stimulus, it's their cash for clunkers, it's their massive increases in medicare and medicaid etc. all in one year. So we have this massive 'shit your pants' non-TARP credit card spending spree all liberals can say is it's bush's fault and wonder why people are upset. This isn't reagan, this is a guy who doesn't even pretend to control himself. Reagan tried spending cuts and a demo congress said no way. This guy holds a news conference when he finds out he can cut $100M in some meaningless way. Liberals look the other way and lamely try and blame bush. Hey demos, then why the hell don't you raise taxes and raise them now? Why the hell is Obama considering extending the evil bush tax cuts????
Absolute bullshit.Blackwater(Who is owned by a friend of the Bush's ) got 1000.00 a day for each one of their mercenaries,and much more for thier helicopter units etc.We all know about halibuton/KBR etc.That is money taken from the non rich and given to the rich by republicans Bush's 1.8 trillion in tax cuts for the rich (That has to be paid back by the non rich) and 700 billion spent on Iraq cost more then Obamas stimulus and health care
To be fair, it's not the no thank you, but the "you aren't paying your fair share" and "stealing from the poor" stuff that gets old.
Yeah,enlisted men get 100 a day while blackwater gets 1000 a day.The suppliers of military equipment and services gets hundreds of billions due to a Republican starting a war but in a Republicans mind its wealth going from rich to poor
Blackwater? very small private outfit, they get paid by anyone who employs them. The numbers there are so small as to be insignificant, you are trying to make an argument but this is quite a reach. Yes enlisted people make less, but most of the combat billets are white people, and an even smaller percentage of special forces is minority. Blackwater gets it's people mostly from special forces. To make some sort of claim that fighting in Blackwater is a scheme of some sort of wealth transfer from rich white people to poorer white soldiers is,.... is.... well let's say that sort of claim is not worth anymore time. Any transfer of gov't money is mostly from white people to whoever. You can never claim that gov't spending on anything is off the backs of the poor or minorities. There is no way you can win the numerical argument, Obama's opportunistic $400B a year social spending increase alone is twice war spending, just the increase is twice war spending. The overall social budget dwarfs anything by comparison.
=============== Good question. Part of the answer depends on the farm location. AZ is talking about not supplying 25% of power to a CA location, something about a boycott.LOL
point at money. what's its intrinsic value... Econ 101 Mine was a reply to a question of where money goes, rather then a focus on were money comes from ... (a world of abstraction. )