People, let's get smart...lol!!! Makes me laugh.
![Mfr Lol](images/smilies/modern/mfr_lol.gif)
Another pic for the Warren Buffet guys!
![Beer](images/smilies/modern/beer.gif)
![Beer](images/smilies/modern/beer.gif)
Think about this. Warren Buffet is on the top list of one of the most richest Americans. He has offered to pay his fair share of his income taxes, and doesn't even flinch. What makes Boehner think he has it right...tell me? If you look at the CNN graph, the deficit was caused mainly by the Bush tax cuts to the richest of Americans and the wars (which we started, by the way). Originally Posted by HoustonMilfDebbieThink about this. I don't want to pay more. And my one vote offsets Warren Buffett's one vote. So, we're even.
People, let's get smart... Originally Posted by HoustonMilfDebbieYou first.
Deb, do you know the difference between income and wealth? The democrats hope you don't. Warren Buffet is talking about paying income tax which is a very small part of his wealth. He can do offsets, hide money, do charitable giving, and many other things to reduce his income. He still maintains billions is wealth. Any money he makes from his investments are not income so they are taxed much lower. The only people that get hurt by the income tax are those trying to transition from middle class to rich. There is truth in the statement that the first million is the hardest. Once you get wealthy then you have options not open to the rest of us and your tax bill goes down.Okay, fantastic...get me a job that pays one hundred thousand per year in perks!!!
Think of this, you Deb work hard your whole life and you invest heavily. You get lucky and you also invest smart. You pay over a third of your income in taxes (federal, state, city, and county). At long last you find you have amassed over $2 million. Congratulations! You're rich and it only took you 20 years to get there. Now you put your money in investments and stop working. You were smart again and your investments gross about $100,000 a year. That is not income. It is taxed at 15% and not 38%. Do you feel bad because of that? Remember, that money already got taxed when you make it (in a legitimate profession). So now it gets taxed again. Do you really feel that you should pay more?
The Bush tax cuts did not cause the recession. How did something that was in place for almost seven years before the bubble popped and was resigned by Obama twice cause this problem? The housing bubble burst pulling billions out of the economy. People started losing their jobs. People who aren't working are paying less in taxes. Millions are not paying the taxes that they used to. That is how you increase revenue (like JFK and Ronald Reagan), you increase the number of people working and they pay taxes. Originally Posted by JD Barleycorn
Here is some information on how Bush tax cuts caused the deficit:Nice colorful graph. See the gray area thats labeled " Other Debt" guarantee thats where the criminal part is. The War in the Middle East is too. .
http://www.huffingtonpost.com/2011/0..._n_864812.html
It's math, simple math, and don't tell me that the richest 1 percent doesn't pay their fair share...I worked for a very good tax attorney. They do not pay the same percentage "income wise" that a middle class earner pays...I know that because I paid more "percentage wise" than my boss (an attorney).
How do you like them facts???Originally Posted by HoustonMilfDebbie
I don't know.I don't have anything against men...I just have an issue with someone who can't argue with me intelligently, please!!
I can't find one in your post. Originally Posted by ExNYer