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If the rich are the ones that benefited from the tax cuts, why not just raise the taxes on all, I mean, it's not like the middle class benefited from them from what I've been reading.
Every slumlord I know who rents to welfare recipients talks about what lazy shiftless assholes their tenants are and bitches about how much money they get.
I don't ever rent to welfare recipients. Lazy shiftless assholes don't give a rat's ass about your property and cost you more money in damage, vermin, and cleaning, than they pay you. You want decent, hardworking people with self respect, and dignity. Those are the kinds of tenants who take care of their property and yours. Your real estate is the most valuable thing you own and a tenant can do a lot of damage. I rent to people who will take care of my investment and I treat the tenants well.
When Mike Harris cut welfare benefits in Ontario by 20%, low end rents in the City of Toronto dropped because assholes like mud who charge rents based on the maximum rent the province will pay welfare recipients couldn't get as much money from them. Man did the slumlords ever bitch and whine about that. You rent to these asshole parasites and now the government says you practically have to give the places to em.
First of all in my town if you overcharge your units stay empty. If there is a shortage of rentals in your area you can jack up the price.
Second of all, I have renters that have been there for years because I won't raise their rent as long as they take care of the place. Usually most of them come and go. Sometimes they pay one month's rent and that's it. They trash the place and leave me with a huge repair bill. I can't ask for a deposit that will cover it.
We all like good renters but sometimes they're tough to find, at least were I live.
So you have the option to sell your properties and move somewhere else, but you chose to stay and get government assistance (section 8 renters) to help you fill your vacancies.
Remind me again how you're in favor of small government.
Usually most of them come and go. Sometimes they pay one month's rent and that's it. They trash the place and leave me with a huge repair bill. I can't ask for a deposit that will cover it.
I wish less people needed section 8. I wish our president didn't want more people on it. I wish all of the people that applied for Social Security disability could instead find jobs. But since we have a president that has made government everybody's easy way out my wish won't come true.
Usually most of them come and go. Sometimes they pay one month's rent and that's it. They trash the place and leave me with a huge repair bill. I can't ask for a deposit that will cover it.
Wouldn't it just be cheaper NOT TO RENT TO THEM IN THE FIRST PLACE?
I realize that math and logic are not strong suits with the Faux News/Tea Party crowd, but renting to people who pay one's month's rent and then trash the place, means you lose money. Do it often enough and you're broke.
This is why you get (a) verification of income from their employer; (b) a credit report; (c) reference from their last landlord. Of the three, two and are the more important of the three things because it doesn't matter how much money you make or whether you're rich or poor, what matters is your character and your lifestyle.
I would have a decent honest low income family who works hard, and pays their rent, than a high-income type who doesn't pay his bills or causes grief for other tenants. The kind of person who thinks it's OK to trash a rental car or a hotel room because they paid for it and the corporation expects it.
Having money doesn't automatically mean you're a quality person. Character matters.
For years Democrats lied about the effects of the Bush tax-cuts.
I guess their supporters aren't about to make them pay a price for that bold-faced lie.
Will any of you admit now that they were lying or are you going to ignore it?
CBO data - Federal individual income tax revenue trends from 2000-2009 (dollars and % GDP)
There was and is considerable controversy over who benefited from the tax cuts and whether or not they have been effective in spurring sufficient growth. Supporters of the proposal and proponents of lower taxes claimed that the tax cuts increased the pace of economic recovery and job creation. Further, proponents of the cuts asserted that lowering taxes on all citizens, including the rich, would benefit all and would actually increase receipts from the wealthiest Americans as their tax rates would decline without resort to tax shelters. The Wall Street Journal editorial page states that taxes paid by millionaire households more than doubled from $136 billion in 2003 to $274 billion in 2006 because of the JGTRRA.[2]
The Heritage Foundation concludes that the Bush tax cuts led to the rich shouldering more of the income tax burden and the poor shouldering less;[3] while the Center on Budget and Policy Priorities (CBPP) has concluded that the tax cuts have conferred the "largest benefits, by far on the highest income households." However that same publication indicates that more than 75% of tax savings (and cost to the treasury) went to households in the bottom 99% of income.[4] The underlying policy has been criticized by Democratic Party congressional opponents for giving tax cuts to the rich with capital gains tax breaks while acknowledging some benefit extended to middle and lower income brackets as well.[5]
Links
Bush tax cuts - Wikipedia, the free encyclopedia
Center on Budget and Policy Priorities - Wikipedia, the free encyclopedia
For 5 years now the dumb-down Obama sheeple have been told the Bush tax cuts were for the rich--but they're going to learn very quickly--that when the Bush tax cuts expire--on this Fiscal Cliff--that opps--Bush lowered the tax rates on the middle class TWICE--once during 2001 and the other in 2003.
The longer you stay in the business the more you learn what to watch out for. At least with section 8..... 80% is guaranteed.
For 5 years now the dumb-down Obama sheeple have been told the Bush tax cuts were for the rich--but they're going to learn very quickly--that when the Bush tax cuts expire--on this Fiscal Cliff--that opps--Bush lowered the tax rates on the middle class TWICE--once during 2001 and the other in 2003.
We're quite aware of that, thanks.
--along with a lot of the other free shit.
For 5 years now the dumb-down Obama sheeple have been told the Bush tax cuts were for the rich--but they're going to learn very quickly--that when the Bush tax cuts expire--on this Fiscal Cliff--that opps--Bush lowered the tax rates on the middle class TWICE--once during 2001 and the other in 2003.
We're quite aware of that, thanks.
Good I am glad that you're one out of a million of the dumb downs that know it---
The longer you stay in the business the more you learn what to watch out for. At least with section 8..... 80% is guaranteed.
So mud, what you're saying is that because of the economic conditions which resulted from the Bush tax cuts and the Republican fiscal policies of Bush and his Wall Street buddies, you are now forced to rely on government handouts, and that this was not the cash before the Bush tax cuts. So how much have you really benefitted from those tax cuts?
If you are currently paying federal income taxes, are you better off now than you were before the Republican fiscal policies sent the economy into freefall? And yet you voted to end the government handouts which are the only thing that keeps you solvent at the moment. Talk about cutting off your nose to spite your face.
After you lose your properties to bankruptcy, and you have nothing left, you can always work for Walmart. At least Obama will make sure there's still a food stamp program in place so won't starve. HR will help you fill out the application.
The longer you stay in the business the more you learn what to watch out for. At least with section 8..... 80% is guaranteed.
So mud, what you're saying is that because of the economic conditions which resulted from the Bush tax cuts and the Republican fiscal policies of Bush and his Wall Street buddies, you are now forced to rely on government handouts, and that this was not the cash before the Bush tax cuts. So how much have you really benefitted from those tax cuts?
If you are currently paying federal income taxes, are you better off now than you were before the Republican fiscal policies sent the economy into freefall? And yet you voted to end the government handouts which are the only thing that keeps you solvent at the moment. Talk about cutting off your nose to spite your face.
After you lose your properties to bankruptcy, and you have nothing left, you can always work for Walmart. At least Obama will make sure there's still a food stamp program in place so won't starve. HR will help you fill out the application.
The housing bubble had already started to burst.The longer you stay in the business the more you learn what to watch out for. At least with section 8..... 80% is guaranteed.
So mud, what you're saying is that because of the economic conditions which resulted from the Bush tax cuts and the Republican fiscal policies of Bush and his Wall Street buddies, you are now forced to rely on government handouts, and that this was not the cash before the Bush tax cuts. So how much have you really benefitted from those tax cuts?
If you are currently paying federal income taxes, are you better off now than you were before the Republican fiscal policies sent the economy into freefall? And yet you voted to end the government handouts which are the only thing that keeps you solvent at the moment. Talk about cutting off your nose to spite your face.
After you lose your properties to bankruptcy, and you have nothing left, you can always work for Walmart. At least Obama will make sure there's still a food stamp program in place so won't starve. HR will help you fill out the application.
Oh, Lord.
Things were fine till 2007. Who ran the US Congress starting Jan 2007?
By 2008 our economy was in the tank.
We're quite aware of that, thanks.
Good I am glad that you're one out of a million of the dumb downs that know it---
Obama was quite clear during the campaign he wanted to extend the Bush tax cuts for the middle class.
The United States has both the lowest rates of taxation for the wealthy, and the lowest rates of social spending for the poor of any G20 and they also have the economy which is in the worst shape of any G20 nation. That the Republican Party who has lead the nation and the world into the worst fiscal crisis in the history of the world, wants to cut both taxation and social spending even further. The definition of insanity is doing the same thing over and over and expecting a different result.
You are out of your mind if you think tax cuts and less spending lead us into the recession, or that the recession was soley due to the GOP. The economy did quite well after the Bush tax cuts for about a 5 year period until the housing bubble and resulting credit collapse screwed us all. As for spending, Bush43 spent a lot more than Clinton did, but that didn't save us, did it?
Democratic social policies have produced more jobs and stronger economies, but you Tea Party types are so fixated on social programs as the root of all evil you're prepared to let the wealthy pay nothing if it means that lazy people are left to fend for themselves.
The Bush tax cuts are a very large part of the reason that 47% pay no income taxes.
