Half of the Population of the US pay no income taxes

Discussion in 'Politics' started by 377OHMS, Feb 20, 2012.

  1. 377OHMS

    377OHMS

    Obama could have closed out both wars the day he took office like he implied he would do during the campaign. Every penny spent on the wars since his inauguration is *his* spending. Period.
     
    #101     Feb 21, 2012
  2. Max E.

    Max E.

    There is a reason that Obama and the democratic senate chose not to pass a budget in the first 3 years of his adminstration, and this was exactly his purpose, he made it very hard to track down all of his different spending in the first 3 years so that he could fool idiots like ak47 into thinking that he is somehow a fiscal conservative when in reality, him and the democratic congress he had in the first 2 years were the most prolific spenders in history....
     
    #102     Feb 21, 2012
  3. Obama never implied he would close both wars the day he took office
     
    #103     Feb 21, 2012
  4. 377OHMS

    377OHMS

    Sure he did, and he also explicitly promised to close Gitmo and end torture of enemy combatants.

    Not only did he break those promises, he helped overthrow an ally (Hosni Mubarak), started a war in Libya illegally and by failing to curb the nuclear weapons development ambitions of Iran he is about to effectively start another large war. Every dime spent in the eastern hemisphere is directly attributable to the failed foreign policy of Barrack Obama.

    I'm not bagging on you but I am amused that you think you can still blame George Bush after 3 years and 2 months of Barrack Obama being president. Just between the two of us I'd say that nobody here is buying it. :D
     
    #104     Feb 21, 2012

  5. 1.No he didn't.Obama said he would withdraw 1 combat brigade a month then leave around 50,000 non combat troops.That is not implying he would close both wars the day he took office

    2.He did fail to close Gitmo ,but please post a source that he is continuing Bushs torture policy

    3.Libya was a NATO mission with no ground troops that cost less then a billion dollars and no American lives lost.The US was a part of NATO long before Obama took office


    4.Its not the job of The United States to curb the nuclear weapons development ambitions of Iran

    5.Bushs foreign policy is a much bigger failure then Obamas could ever be
     
    #105     Feb 21, 2012
  6. 377OHMS

    377OHMS

    Nonsense.

    Obama is responsible, since 2009, for the war in Iraq, the war in Afghanistan and the continued operation of Gitmo. Going into a sovereign country and putting a bullet into the head of someone sitting in their house certainly qualifies as torture if not murder.

    The Libya war was conducted illegally and Al Qaeda latched onto Ghadaffi's surface-to-air missile inventory. Soon we'll see an airliner or two shot down possibly on our own soil.

    If you don't support stopping Iran from developing nuclear weapons you can't complain about the huge regional war that results when Israel is forced to attack them and they retaliate against *us*.

    You are just obfuscating the fact that half of the US households unfairly pay no income tax. Your man Obama has decided to attack the middle-class and the rich and tax them disproportionately and distribute the money to the democratic dependent class.
     
    #106     Feb 21, 2012


  7. Obama killing Bin Laden torture ? I find that quite a stretch

    an airliner or two being shot down possibly on our own soil is pure speculation and Lybia was in chaos before The US got involved


    Whats goes on in the middle east is not our problem.If Israel attacks Iran and the US doesn't help Israel they wont retaliate against *us*. They retaliate against us because we are constantly over there


    Again,50 % not paying taxes is mostly the Republicans fault






    http://www.heritage.org/research/re...olution-a-big-boost-for-families-and-the-poor

    Reagan's Tax Revolution: A Big Boost for Families and the Poor
    Published on July 25, 1985 by Anna Kondratas


    July 25, 1985


    REAGAN'S TAX REVOLUTION: A BIG BOOST FOR FAMILIES AND THE POOR


    INTRODUCTION

    Ronald Reagan's tax reform plan offers major gains for the working poor. It does so as part of a comprehensive effort to lighten the tax burden on families, correcting in part the anti-family bias of the current tax code.IThe Reagan plan seeks specifically to raise the zero-bracket amount and personal exemptions and to expand the earned income tax credit, thereby improving the lot of the poor and of families. If enacted, the Reagan proposal would ensure that families with income at or below the poverty level no longer paid any federal income tax.

    The federal tax burden on the poor has been increasing for many years. The tax code distressingly has had the same systemic bias against the poor as it has had-against taxpayers in general. Inflation-induced bracket creep, for example, has meant that taxes rise automatically with inflated incomes. Since tax brackets are narrower at lower income levels, and the personal exemption and standard deduction (known as the zero-bracket amount) constitute a larger proportion of income, bracket creep has disproportionately hurt

    This is the third in a series on the President's tax reform plan. It was preceded by "Reagan's Tax Revolution: Ending the Free Ride for State and Local Taxes," Issue Bulletin No. 114, June 14, 1985 and "Reagan's Tax Revolution: Fair Play for Energy," Issue Bulletin No. 115, July 10, 1985. Future studies will examine the plan's impact on international finance and trade, financial institutions, and savings, investment, and risk-taking.

    lower-income taxpayers. This was corrected only partially by the 1981 Tax Act. To make matters worse, while the poverty threshold is indexed to inflation, the tax threshold is not. The result: increasing numbers of Americans have been stung by federal tax liabilities, resulting in an unintended shift of the tax burden toward families, especially larger ones.

    In the 1960s and 1970s, Congress made a number of attempts to eliminate the tax burden on poor families by increasing the personal exemption and standard deduction, or by enacting tax credits such as the earned income tax credit (EITC). Despite these efforts, the real value of the current $1,000 personal exemption is now about half what it was in 1955 and has fallen from 14 percent of median family income in that year to just 4 percent.2Even the EITC lost its impact because it was not indexed for inflation.

    By removing poor families from the tax rolls, the Reagan tax revolution guarantees that they will never reenter those rolls so long. as they are poor. Indexation, already in place for this year, will prevent bracket creep. And the President's tax reform proposes to give a big financial boost to families and the poor.


    continued...http://www.heritage.org/research/re...olution-a-big-boost-for-families-and-the-poor
     
    #107     Feb 21, 2012
  8. 377OHMS

    377OHMS

    Reagan? Over 20 years ago.

    Today's economy and tax policy belongs to Barrack Obama. Today's deficit belongs to Barrack Obama.

    Half of US households pay no income taxes. What about Obama's plea that everyone pay their fair share?
     
    #108     Feb 21, 2012
  9. Obama didn't turn Clintons economy into the worst economy since the great depression,Bush did


    Obama didn't cut taxes to the point where half of US households pay no taxes,Reagan mostly did.

    Obama didn't turn a 230 billion dollar surplus into a 1.4 trillion dollar deficit,Bush did
     
    #109     Feb 21, 2012
  10. 377OHMS

    377OHMS

    George Bush? He was the last guy.

    After 3 years conditions on the ground are the responsibility of the current adminstration. Barrack Obama owns the economy now, owns the deficit, owns the wars.

    George Bush isn't running this time so far as I know. He already had 2 terms. I don't think he'll be on the ballot.

    I remember gas being around $2.50 per gallon out here in SoCal as Bush left office. Today I paid $4.54 per gallon and it isn't even summer yet. Crazy.

    What about Obama's plea for everyone to pay their fair share of taxes? Is it fair that 50% of households don't pay any income tax? You seem intent on dodging that issue.
     
    #110     Feb 21, 2012