The Decline of the Obama Presidency

Discussion in 'Politics' started by gwb-trading, Jun 3, 2013.

  1. Lucrum


    Is it just me or did IQ47 disappear after failing to get Leapup banned or another P&R forum started?
  2. AK47 is right here luke.I was just discussing the pilot who had his commercial and airshow pilot licenses at 18 last night.I haven't seen any N bombs from Leapup lately so that is a good thing.
  3. Obamas approval rating is still 47 %,within his normal range and enough to get him re elected tomorrow.The majority of the 500 + members of Congress are republicans and their approval rating is 15 %,much lower then Obama.The Decline of Obama is only in the minds of those who have been saying that the last 5 years.
  4. Lucrum


    That just happens to match the percentage of welfare queens and parasites who pay no federal income tax.

    It's not a badge of honor to proudly displayed kid.
  5. Lucrum


    WHY is that a "good thing"?
  6. Most of The states that pay the most in taxes voted for Obama gramps

  7. Lucrum


    So? It doesn't change or refute what I said, son.
  8. You seem to have a problem with 47 % paying no taxes but as usual you place your blame in the wrong direction gramps.Learn below who is most responsible for 47 % not paying taxes(The Bush tax cuts and The current GOP and the Norquest pledge of not raising taxes on anyone are also part of the blame luke )

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

    July 25, 1985



    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.

  9. Not only is Reagan mostly responsible for the 47 % paying no taxes,he's also largely responsible for the large number of Hispanic voters who helped elect Obama and keeps his approval ratings from dropping as low as Bush's,Clinton's,HW Bushes,Reagan's etc

    GOP Rep. Steve King: Obama elected because of Ronald Reagan's immigration reforms

    (CBS NEWS) -- President Obama sits in the White House today because President Reagan brought so many Hispanic voters into the nation's fold with the 1986 Immigration Reform and Control Act, Rep. Steven King, R-Iowa, postulated on the House floor Thursday.

    King, one of the House's staunchest opponents to a comprehensive immigration reform bill, reached that conclusion by connecting two disparate facts: that 71 percent of Hispanic voters in the 2012 election voted for Mr. Obama, and that an estimated 3 million undocumented immigrants were granted legal status through the 1986 law.

    "It's clear to anybody that can do any kind of statistical analysis that Barack Obama wouldn't be president of the United States without Ronald Reagan's 1986 amnesty act," he said.
    #10     Jun 4, 2013