Romney's "Help Myself at Your Expense" tax plan

[kallend 2,182]

The bottom 20 percent would see their average federal tax rate increase $149, or 1.3 percent.

The top 20 percent see an average tax cut of $16,134 -- a 5.4 percent reduction in their tax rate. The top one percent of earners would see their average tax rate fall by nearly $150,000 per year, and the top 0.1 percent would see a reduction of more than $725,000.

Romney's plan would add $900 billion to the deficit in 2015,

Details.

...

The only sure way to survive a canopy collision is not to have one.

[rushmc 23]

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The bottom 20 percent would see their average federal tax rate increase $149, or 1.3 percent.

The top 20 percent see an average tax cut of $16,134 -- a 5.4 percent reduction in their tax rate. The top one percent of earners would see their average tax rate fall by nearly $150,000 per year, and the top 0.1 percent would see a reduction of more than $725,000.

Romney's plan would add $900 billion to the deficit in 2015,

Details.

Good

bout time they got some skin in the game

Unles

they dont use fed resources

They do, dont they?

But, how do you get 20% from 0?

And it would not add to the deficit if spending is cut

"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

[kallend 2,182]

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The bottom 20 percent would see their average federal tax rate increase $149, or 1.3 percent.

The top 20 percent see an average tax cut of $16,134 -- a 5.4 percent reduction in their tax rate. The top one percent of earners would see their average tax rate fall by nearly $150,000 per year, and the top 0.1 percent would see a reduction of more than $725,000.

Romney's plan would add $900 billion to the deficit in 2015,

Details.

Good

bout time they got some skin in the game

Unles

they dont use fed resources

They do, dont they?

But, how do you get 20% from 0?

And it would not add to the deficit if spending is cut

Oh, just the same as Reagan and Bush didn't add to the deficit with their tax and spending cuts.

...

The only sure way to survive a canopy collision is not to have one.

[rushmc 23]

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The bottom 20 percent would see their average federal tax rate increase $149, or 1.3 percent.

The top 20 percent see an average tax cut of $16,134 -- a 5.4 percent reduction in their tax rate. The top one percent of earners would see their average tax rate fall by nearly $150,000 per year, and the top 0.1 percent would see a reduction of more than $725,000.

Romney's plan would add $900 billion to the deficit in 2015,

Details.

Good

bout time they got some skin in the game

Unles

they dont use fed resources

They do, dont they?

But, how do you get 20% from 0?

And it would not add to the deficit if spending is cut

Oh, just the same as Reagan and Bush didn't add to the deficit with their tax and spending cuts.

Your memory is going huh

Remember
I blastd Bush and Congrss about their spending

Reagan's budget was DOA and labled by none other than Mr Tip O'Neal

"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

[kallend 2,182]

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The bottom 20 percent would see their average federal tax rate increase $149, or 1.3 percent.

The top 20 percent see an average tax cut of $16,134 -- a 5.4 percent reduction in their tax rate. The top one percent of earners would see their average tax rate fall by nearly $150,000 per year, and the top 0.1 percent would see a reduction of more than $725,000.

Romney's plan would add $900 billion to the deficit in 2015,

Details.

Good

bout time they got some skin in the game

Unles

they dont use fed resources

They do, dont they?

But, how do you get 20% from 0?

And it would not add to the deficit if spending is cut

Oh, just the same as Reagan and Bush didn't add to the deficit with their tax and spending cuts.

Your memory is going huh

Remember
I blastd Bush and Congrss about their spending

Reagan's budget was DOA and labled by none other than Mr Tip O'Neal

You, of course, can blast all you want without making any difference. Fact is, GOP presidents have a very long record of raising the deficit while cutting taxes for their rich friends. No way Romney is going to be any different.

...

The only sure way to survive a canopy collision is not to have one.

[rushmc 23]

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The bottom 20 percent would see their average federal tax rate increase $149, or 1.3 percent.

The top 20 percent see an average tax cut of $16,134 -- a 5.4 percent reduction in their tax rate. The top one percent of earners would see their average tax rate fall by nearly $150,000 per year, and the top 0.1 percent would see a reduction of more than $725,000.

Romney's plan would add $900 billion to the deficit in 2015,

Details.

Good

bout time they got some skin in the game

Unles

they dont use fed resources

They do, dont they?

But, how do you get 20% from 0?

And it would not add to the deficit if spending is cut

Oh, just the same as Reagan and Bush didn't add to the deficit with their tax and spending cuts.

Your memory is going huh

Remember
I blastd Bush and Congrss about their spending

Reagan's budget was DOA and labled by none other than Mr Tip O'Neal

You, of course, can blast all you want without making any difference. Fact is, GOP presidents have a very long record of raising the deficit while cutting taxes for their rich friends. No way Romney is going to be any different.

Oh

like Obama and solar companies?

Is that what you mean?

"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

[kallend 2,182]

[reply

Is that what you mean?

[rushmc 23]

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[reply

Is that what you mean?

You know perfectly well what I mean. Romney's plan is bollocks, designed to appeal to innumerate GOP supporters.

[Gravitymaster 0]

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The bottom 20 percent would see their average federal tax rate increase $149, or 1.3 percent.

The top 20 percent see an average tax cut of $16,134 -- a 5.4 percent reduction in their tax rate. The top one percent of earners would see their average tax rate fall by nearly $150,000 per year, and the top 0.1 percent would see a reduction of more than $725,000.

Romney's plan would add $900 billion to the deficit in 2015,

Details.

Good

bout time they got some skin in the game

Unles

they dont use fed resources

They do, dont they?

But, how do you get 20% from 0?

And it would not add to the deficit if spending is cut

Oh, just the same as Reagan and Bush didn't add to the deficit with their tax and spending cuts.

Your memory is going huh

Remember
I blastd Bush and Congrss about their spending

Reagan's budget was DOA and labled by none other than Mr Tip O'Neal

You, of course, can blast all you want without making any difference. Fact is, GOP presidents have a very long record of raising the deficit while cutting taxes for their rich friends. No way Romney is going to be any different.

Our current President has spent more than all Presidents combined. Nice you are so proud of that. I'm sure you will vote for him again. Oh, wait, that's right, you can't vote.

You need to get in touch with Citizens United, they can make it happen for you.

[kelpdiver 2]

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Our current President has spent more than all Presidents combined. .

this some of that special math? special English too, since all Presidents combined includes Obama.

[Gravitymaster 0]

Is that really how you interpret that?

[billvon 3,132]

>Our current President has spent more than all Presidents combined.

Spending increases under Bush: 5.07 trillion
Spending increases under Obama: 1.44 trillion

http://www.theatlantic.com/politics/archive/2011/07/the-chart-that-should-accompany-all-discussions-of-the-debt-ceiling/242484/

[DrewEckhardt 0]

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The bottom 20 percent would see their average federal tax rate increase $149, or 1.3 percent.

Sounds fair to me. With more shared pain of taxation for spending on behalf of corporatist interests they might stop voting for the Republicans and Democrats that enable the graft.

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The top 20 percent see an average tax cut of $16,134 -- a 5.4 percent reduction in their tax rate.

Also fair. Liberal reforms like the Bush 43 tax cuts have made America's tax system the most progressive (ratio of tax to income shares for the top earning decile) out of the OECD 24 which includes Australia, Austria, Belgium, Canada, The Czech Republic, Denmark, Finland, France, Germany, Iceland, Ireland, Italy, Japan, Korea, Luxembourg, The Netherlands, New Zealand, Norway, Poland, The Slovak Republic, Sweden, Switzerland, and The United Kingdom.

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Romney's plan would add $900 billion to the deficit in 2015,

We've raised the deficit to enrich the defense industry, the banking industry, etc. and it's about time the tax payers got their share of the pork pie. With the top decile paying 45% of taxes they should be first in line for the kickback.

[mnealtx 0]

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>Our current President has spent more than all Presidents combined.

Spending increases under Bush: 5.07 trillion
Spending increases under Obama: 1.44 trillion

http://www.theatlantic.com/politics/archive/2011/07/the-chart-that-should-accompany-all-discussions-of-the-debt-ceiling/242484/

Amazing how Bush's policies somehow get more expensive once Obama is implementing them.

http://articles.businessinsider.com/2011-07-31/politics/30097286_1_bush-tax-cuts-debt-ceiling-national-debt

Mike
I love you, Shannon and Jim.
POPS 9708 , SCR 14706

[jclalor 12]

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>Our current President has spent more than all Presidents combined.

Spending increases under Bush: 5.07 trillion
Spending increases under Obama: 1.44 trillion

http://www.theatlantic.com/politics/archive/2011/07/the-chart-that-should-accompany-all-discussions-of-the-debt-ceiling/242484/

Amazing how Bush's policies somehow get more expensive once Obama is implementing them.

http://articles.businessinsider.com/2011-07-31/politics/30097286_1_bush-tax-cuts-debt-ceiling-national-debt

Amazing how when Bush left office he had spent more than all other presidents combined but only after giving out one of the largest tax cuts ever to the wealthy.

The only sound coming from the right?

http://www.youtube.com/watch?v=CQFEY9RIRJA

[Gravitymaster 0]

http://biggovernment.com/files/2011/07/01deb77c-7712-4915-bf53-d0897f62a99e.jpg

[mnealtx 0]

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Amazing how when Bush left office he had spent more than all other presidents combined

Sum from 1792-2000: 62,257 Billion (2005 $)
Sum from 2001-2008: 19,299 Billion (2005 $) (2.412 T/year)
Sum from 2009-2011: 9,489 Billion (2005 $) (3.161 T/year) (31% *increase*)

Looks like your accuracy is up to your norm; non-existent.

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but only after giving out one of the largest tax cuts ever to the wealthy.

Ah, that old, familiar lie. If the cuts were to the wealthy, then why did they end up paying more of the tax bill than before the cuts?

Mike
I love you, Shannon and Jim.
POPS 9708 , SCR 14706

[mnealtx 0]

Total debt paints a better picture, I think.

In straight dollars, the total debt increased by 4.899 trillion during Bush's term. That averages out to 1.677 billion dollars a day.

It's increased by 4.874 trillion during Obama's term (as of 3/1/2012). That averages out to 4.29 billion a day, or 255% of Bush's rate.

At this rate, I expect him to match Bush's total debt increase in the next week.

To quote the newsies.... "Unprecedented!"

Mike
I love you, Shannon and Jim.
POPS 9708 , SCR 14706

[jclalor 12]

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Amazing how when Bush left office he had spent more than all other presidents combined

Sum from 1792-2000: 62,257 Billion (2005 $)
Sum from 2001-2008: 19,299 Billion (2005 $) (2.412 T/year)
Sum from 2009-2011: 9,489 Billion (2005 $) (3.161 T/year) (31% *increase*)

Looks like your accuracy is up to your norm; non-existent.

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but only after giving out one of the largest tax cuts ever to the wealthy.

Ah, that old, familiar lie. If the cuts were to the wealthy, then why did they end up paying more of the tax bill than before the cuts?

http://www.politifact.com/truth-o-meter/statements/2010/jan/29/barack-obama/obama-inherited-deficits-bush-administration/

[livendive 8]

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Total debt paints a better picture, I think.

That's not surprising. However I think the following is more descriptive.

Blues,
Dave

Edit to add a more polished chart in which the scale is fixed.

"I AM A PROFESSIONAL EXTREME ATHLETE!"
(drink Mountain Dew)

[mnealtx 0]

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Total debt paints a better picture, I think.

That's not surprising. However I think the following is more descriptive.

Blues,
Dave

Edit to add a more polished chart in which the scale is fixed.

Spending as a % of GDP hovered in the 19% range for Bush until the FY 2008 budget, where it jumped to almost 21%. Since then, spending has been in the 23-25% range.

Mike
I love you, Shannon and Jim.
POPS 9708 , SCR 14706