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Discussion points the Elite would rather you didn't discuss: (Original Post) truedelphi Nov 2012 OP
Du rec. Nt xchrom Nov 2012 #1
K&R. Iggo Nov 2012 #2
Big K&R. nt valerief Nov 2012 #3
4. Corporations stopped paying HALF OF THEIR TAXES after the recession. NMDemDist2 Nov 2012 #4
Enlightening. silverweb Nov 2012 #5
Great Post,K&R,N/T! Rain Mcloud Nov 2012 #6
k&r bloomington-lib Nov 2012 #7
HUGE K & R !!! - Thank You !!! WillyT Nov 2012 #8
I John2 Nov 2012 #9
Right-On! Populist_Prole Nov 2012 #10
K&R. Each one is a shocker. That we are 4th in income inequality out of 150 countries. Overseas Nov 2012 #11
And of course, life in the truedelphi Nov 2012 #17
Kick. Dark n Stormy Knight Nov 2012 #12
6. Tax deductions for the rich could pay off 100 PERCENT of the deficit. bvar22 Nov 2012 #13
10. The American public paid about FOUR TRILLION DOLLARS to bail out the banks. Octafish Nov 2012 #14
According to the audit that Bernie Sanders demanded and got truedelphi Nov 2012 #16
The first one really ... LisaLynne Nov 2012 #15

NMDemDist2

(49,313 posts)
4. 4. Corporations stopped paying HALF OF THEIR TAXES after the recession.
Sun Nov 25, 2012, 06:03 PM
Nov 2012
After paying an average of 22.5% from 1987 to 2008, corporations have paid an annual rate of 10% since. This represents a sudden $250 billion annual loss in taxes.

U.S. corporations have shown a pattern of tax reluctance for more than 50 years, despite building their businesses with American research and infrastructure. They've passed the responsibility on to their workers. For every dollar of workers' payroll tax paid in the 1950s, corporations paid three dollars. Now it's 22 cents.
(my emphasis)
 

John2

(2,730 posts)
9. I
Sun Nov 25, 2012, 07:04 PM
Nov 2012

was listening to Peggy Noonan's rebuttal to Reverand Al about how hard would it be to raise rates on a family of four with a $250,000 income. If she gave that response to me, then I would respond to her this way:

1) the most important question I would want to know is how much she make? I'm assuming she makes well over that amount and I would like to know, how does she know a family making that much income would suffer? I would also ask her does she know how much families making less than that manage their budgets? I would further ask her if the things your Party want to cut would strain those families even more and how does she propose to replace those needs?


2) Does she actually know what the President is proposing? As I understand it, the President is not proposing raising taxes on families that make the first $250,000 dollars, but the rates go up after that amount. I also understand there are deductions for families with kids. So aren't you misrepresenting the proposal in the first place? It seems to me, your job as a talking head is to actually know the issues? That is the problem with media pundits, they are out of touch with the people they advocate harmful policies for, which seems to be more in favor of your class.

3) None of the Policies that you are advocating even affects you. Things like Social Security or Medicare because of your wealth. And even if we go over the fiscal cliff, I really doubt anybody in your class will be fired or lose a job. You are talking about people, that you have no clue about their lives and I even doubt you really know about the family that you are talking for? I'm pretty sure that I can take care of a family of four with that income. Of course I would not be the socialite, that you are. Take your own advice and get rid of your extra luxuries. I do not think the world will end if you lose your caviar.

Populist_Prole

(5,364 posts)
10. Right-On!
Sun Nov 25, 2012, 07:25 PM
Nov 2012

Just to make sure the hoi-polloi doesn't get too inquisitive, the big media arm makes sure they're thoroughly engrossed with celeb news or sports instead.

Overseas

(12,121 posts)
11. K&R. Each one is a shocker. That we are 4th in income inequality out of 150 countries.
Mon Nov 26, 2012, 12:20 AM
Nov 2012

When we used to strive against that, for example.

truedelphi

(32,324 posts)
17. And of course, life in the
Mon Nov 26, 2012, 03:58 PM
Nov 2012

Oligarchy marches on, with people priding themselves on our "free election" system.

bvar22

(39,909 posts)
13. 6. Tax deductions for the rich could pay off 100 PERCENT of the deficit.
Mon Nov 26, 2012, 01:44 PM
Nov 2012

After WW2, Republican President Dwight Eisenhower said it was the patriotic duty of the RICH and the War Profiteers
to help pay off the deficit.

The Top Tax Rate was set at 91%, and minimum Capital Gains at 25%.
When the national debt was paid off, President John Kennedy lowered the top rate to 72%.

America prospered, and built the largest, wealthiest, most upwardly mobile Working Class the World had ever seen,
AND,....some people STILL Got Rich.

Lets try THAT again!

Octafish

(55,745 posts)
14. 10. The American public paid about FOUR TRILLION DOLLARS to bail out the banks.
Mon Nov 26, 2012, 01:51 PM
Nov 2012

Shouldn't We the People get a bonus, too?

truedelphi

(32,324 posts)
16. According to the audit that Bernie Sanders demanded and got
Mon Nov 26, 2012, 03:55 PM
Nov 2012

The Federal Reserve paid out some fifteen to sixteen trillion to the Biggest Banks in the world. All of which have been sitting on the money.

It is estimated that some 4.7 trillion dollars of this "loaned" money will never ever be repaid.

That could have funded a Single Payer Universal Health Care System that would have taken care of every last one of us for over twenty five years! Or run the state of California for 66 years, without the state needing a penny of revenue from its citizens. (37 million people live in Calif - which is why it is such an expensive state to run.)

If the Republicans ans the Democrats that are complicit with them really want to get tough regarding the deficit, they should demand the immediate repayment of these 4.7 trillion dollars. (Oh and by the way, Geithner refused to friggin' loan the state of California some 20 billion dollars - as he claimed that it would hurt the Federal deficit. Actually, the money would have enabled the state to keep so many people employed that the taxes from these people would have helped for such a recovery that the 20 billion would not have been noticeable.) It is tragic that the deficit excuse is used to cut jobs, but when the bankers need to have surpluses in the bank vaults, trillions of dollar loans are A-Okay!

LisaLynne

(14,554 posts)
15. The first one really ...
Mon Nov 26, 2012, 01:57 PM
Nov 2012

blows holes in the myth that people work hard to get to the top. That's how they want to portray it, but really, at that level, you start off with it or you don't get there. It's that simple.

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