GOP jobs agenda

[Oldstyle]

And if you can't recognize, Dad as the new "champion" ideologue of this board you haven't been paying attention. He's actually stolen that crown away from R-Derp...something I would have said was virtually impossible a few months ago.

 

[Dad2three]

Right wing world:

Reagan economy good because he tripled US debt which he did by GREATLY increasing Gov't spending and the top tax rate was 50% during his first 6 years. Reagan 14 million PRIVATE sector jobs in 8 years to Carters 9 million. Reagan super hero

My favorite moniker for him and his followers is Oblammer, it is the epitome of your entire agenda...

Post Carter Presidency facts:

1. Unemployment peaked at 10.8% '81 to '82
2. Prime Rate at 21.5% '80
3. Reagan did cut the top tax rate from 70% to 50%

a. Marginal Tax Rate was 39.0% in '79 for Single Income of $23,500 to $28,800
b. Marginal Tax Rate was 26.0% in '86 for Single Income of $19,640 to $25,360

The federal funds rate, which was about 11% in 1979, rose to 20% by June 1981. The prime interest rate, a highly important economic measure, eventually reached 21.5% in June 1982

Early 1980s recession - Wikipedia the free encyclopedia

50% top rate for 6 years, that socialist. Weird and it only took 11 tax increases to NOT even get the revenues back, how Reagan tripled the debt

So a roughly 13% decrease in Income Taxes over 7 years to the vast majority of Americans created one the largest individual increases in wealth for ALL AMERICANS is a non issue to most Socialist, I get it...

December of 1980 the Prime Rate was 21.5%, record high...

You live in the wrong country Dumb2three...

And if you can't recognize, Dad as the new "champion" ideologue of this board you haven't been paying attention. He's actually stolen that crown away from R-Derp...something I would have said was virtually impossible a few months ago.

You mean UNLIKE conservatives, I and other liberals/progressives, RINO's and moderates haven't drunk the Rushbo type kool aide where all known FACTS are to be thrown out the window, if they don't fit the right wing ideology/narrative? Yep



Reagan adviser Bruce Bartlett: Face it, Obama is a conservative
Just look at the president's record, Bartlett says. This is no progressive

Reagan adviser Bruce Bartlett Face it Obama is a conservative - Salon.com


Obama Is a Republican
He’s the heir to Richard Nixon, not Saul Alinsky.
By Bruce Bartlett


Obama Is a Republican The American Conservative

 

[rdean]

The central government should have “compleat authority in all cases which require uniformity.”

Do you have a clue ? You are so funny questioning my honesty when you 1. you are either openly disregarding context or 2. you were ripped off by whoever sold you your minor.

Sorry Bubba, Forgot you NEVER accept reality

Madison himself:

I would propose next that in addition to the present federal powers, the national Government should be armed with positive and compleat authority in all cases which require uniformity; such as the regulation of trade, including the right of taxing both exports & imports, the fixing the terms and forms of naturalization, &c &c.

Over and above this positive power, a negative in all cases whatsoever on the legislative acts of the States, as heretofore exercised by the Kingly prerogative, appears to me to be absolutely necessary, and to be the least possible encroachment on the State jurisdictions. Without this defensive power, every positive power that can be given on paper will be evaded & defeated.

The States will continue to invade the national jurisdiction, to violate treaties and the law of nations & to harrass each other with rival and spiteful measures dictated by mistaken views of interest. Another happy effect of this prerogative would be its controul on the internal vicisitudes of State policy; and the aggressions of interested majorities on the rights of minorities and of individuals

Federal v. Consolidated Government James Madison to George Washington

Thanks for making my case.

Gawd, you're insane Bubba. I thought EddieB was bad

you have a lot of patience to not have "that one" on ignore. He's an ideologue through & through, facts be damned Needless to say, he didn't progress very far in school no doubt.

As to the OP, the GOP works for a small group of people and NO, it isn't the middle-class.

You know what, Dottie? I've been hearing this same refrain from you Progressives for the better part of a decade now...how you are the champions of the Middle Class and how the GOP only cares about the wealthy...yet under two terms of an Administration that is dominated by progressives the Middle Class has taken a beating and the wealthy have gotten wealthier. So why is that? Are you guys just totally clueless when it comes to "doing" rather than talking...is it all nothing more than political posturing...or a combination of the two?

To be quite blunt...with you guys "working" for the Middle Class...there won't BE a Middle Class much longer!

The middle class is still suffering from the policies the GOP put in place when they held both houses and the presidency. After the 2000 recession when Republicans swept into office, they did nothing to help anyone but the rich. You know that. Everything the GOP did during the Bush years only helped the rich. And then at the end of Bush's 8 years it all fell apart.
And then Republicans attempted to block anything that would help the economy. The GOP hoped that if they obstructed and fucked everything up, people wouldn't vote and the crazies would elect the GOP into office. And they did. Republicans hope to finish the job they started under Bush. The Republicans have become a terrorist organization. I suspect that the middle class will eventually get their nose out of Kim Kardashian's butt and wake up. It will become a matter of survival as a nation. The GOP must be defeated.

 

[rdean]

Does it really surprise you that jobs are starting to be created now, Siete? People in the Private Sector have been sitting on trillions of dollars trying to figure out what legislation Barack Obama and Progressives in the Congress were going to pass that would affect their bottom line. They no longer have that worry. They are now able to estimate what their costs will be and how much of their profits they will be allowed to keep.
Now we're getting somewhere! You've finally admitted that Barack Obama had ZERO to do with any jobs created in natural gas and oil production! Congrats, Dad...it's your first honest statement in this string.

Of course you're still going with the totally incorrect number of jobs created in the natural gas and oil production industries...a number that you got from one of your so biased it's laughable liberal web sites but with you that's a given!

OK, MORE opinion NOT backed up with ANYTHING but more bullshit. Shocking

Ah, Dude? YOU are the one that admitted that Obama didn't have anything to do with creating those jobs in the natural gas and shale oil fields! You want me to "back up" something that you've already admitted is fact? Really...

Gawd you wing nutter, I admitted, to move on from your stale bullshit, that out of 11.2+ million PRIVATE sector jobs since we hit Dubya's bottom, the gas/oil sectors 61,500 created since 2008, weren't because of anything Obama did. Just like prices of gas have almost zero to do with ANY Prez, either when they increase or decrease. lol

But you'll just keep on with your usual LIES, distortions and myths. Got it

So tell me something, Dad...when Barack Obama claims the increased production of oil and natural gas as a "win" for his administration...who do you think is distorting the truth?

When you progressives claim that Barry deserves credit for bringing the unemployment rate down...yet you can't name a single part of his agenda that's created jobs...who do you think is distorting the truth?

When you cite a ridiculously small number of jobs created by the boom in the natural gas and shale oil industries...who do you think is distorting the truth?

give it a rest OS ... here are the facts.

The oil and natural gas industry by the numbers:
9.8 million
Number of people directly and indirectly employed by the U.S. oil and natural gas industry.

600,000
Increase of the number of jobs supported in just two years.

$200 billion
Paid by the industry paid in direct wages to U.S. employees.

$300 billion
Paid to workers in jobs supported by the industry.

$1.4 million
Number of jobs the industry could create by 2030 with the right government policies in place to expand access to domestic natural resources.

$85 million
Daily amount companies pay to the federal government in income taxes, royalty payments, rents and bonus fees.

$2 trillion
Invested by the industry in U.S. capital projects since 2000 to advance all forms of energy, including alternatives.

$74 billion
Government revenues generated by unconventional oil and natural gas development in 2012, rising to $138 billion in 2025.

12 percent
Percentage that U.S. energy demand will grow between now and 2040


- See more at: Economy

Republicans can never get past "burn things". Notice how they rarely talk about manufacturing and high tech? Because most Republicans that work in those industries work out on the floor doing simple and repetitive assembly.

 

[GWV5903]

Right wing world:

Reagan economy good because he tripled US debt which he did by GREATLY increasing Gov't spending and the top tax rate was 50% during his first 6 years. Reagan 14 million PRIVATE sector jobs in 8 years to Carters 9 million. Reagan super hero

My favorite moniker for him and his followers is Oblammer, it is the epitome of your entire agenda...

Post Carter Presidency facts:

1. Unemployment peaked at 10.8% '81 to '82
2. Prime Rate at 21.5% '80
3. Reagan did cut the top tax rate from 70% to 50%

a. Marginal Tax Rate was 39.0% in '79 for Single Income of $23,500 to $28,800
b. Marginal Tax Rate was 26.0% in '86 for Single Income of $19,640 to $25,360

The federal funds rate, which was about 11% in 1979, rose to 20% by June 1981. The prime interest rate, a highly important economic measure, eventually reached 21.5% in June 1982

Early 1980s recession - Wikipedia the free encyclopedia

50% top rate for 6 years, that socialist. Weird and it only took 11 tax increases to NOT even get the revenues back, how Reagan tripled the debt

So a roughly 13% decrease in Income Taxes over 7 years to the vast majority of Americans created one the largest individual increases in wealth for ALL AMERICANS is a non issue to most Socialist, I get it...

December of 1980 the Prime Rate was 21.5%, record high...

You live in the wrong country Dumb2three...

VAST MAJORITY? Oh you DON'T mean the avg working guys who saw their OVERALL tax burden go UP under Reagan right? lol


Personal income tax revenues declined from 9.4% GDP in 1981 to 8.3% GDP in 1989, while payroll tax revenues increased from 6.0% GDP to 6.7% GDP during the same period. This represented a more regressive tax regime, with more revenue derived from the flat payroll tax versus the progressive income tax.
Reaganomics - Wikipedia the free encyclopedia


WHO WON WITH REAGANOMICS YOU RIGHT WING ASSWIPE?

Do you read anything through and through? This is the sentence that proceeds your quote from Wiki...

According to a 1996 report of the Joint Economic Committee of the United States Congress, during Reagan's two terms, and through 1993, the top 10% of taxpayers paid an increased share of income taxes (not including payroll taxes) to the Federal government, while the lowest 50% of taxpayers paid a reduced share of income tax revenue...

You have to be one of the dumbest people on this board, you have officially taken Deany's place...

 

[Oldstyle]

Sorry Bubba, Forgot you NEVER accept reality

Madison himself:

I would propose next that in addition to the present federal powers, the national Government should be armed with positive and compleat authority in all cases which require uniformity; such as the regulation of trade, including the right of taxing both exports & imports, the fixing the terms and forms of naturalization, &c &c.

Over and above this positive power, a negative in all cases whatsoever on the legislative acts of the States, as heretofore exercised by the Kingly prerogative, appears to me to be absolutely necessary, and to be the least possible encroachment on the State jurisdictions. Without this defensive power, every positive power that can be given on paper will be evaded & defeated.

The States will continue to invade the national jurisdiction, to violate treaties and the law of nations & to harrass each other with rival and spiteful measures dictated by mistaken views of interest. Another happy effect of this prerogative would be its controul on the internal vicisitudes of State policy; and the aggressions of interested majorities on the rights of minorities and of individuals

Federal v. Consolidated Government James Madison to George Washington

Thanks for making my case.

Gawd, you're insane Bubba. I thought EddieB was bad

you have a lot of patience to not have "that one" on ignore. He's an ideologue through & through, facts be damned Needless to say, he didn't progress very far in school no doubt.

As to the OP, the GOP works for a small group of people and NO, it isn't the middle-class.

You know what, Dottie? I've been hearing this same refrain from you Progressives for the better part of a decade now...how you are the champions of the Middle Class and how the GOP only cares about the wealthy...yet under two terms of an Administration that is dominated by progressives the Middle Class has taken a beating and the wealthy have gotten wealthier. So why is that? Are you guys just totally clueless when it comes to "doing" rather than talking...is it all nothing more than political posturing...or a combination of the two?

To be quite blunt...with you guys "working" for the Middle Class...there won't BE a Middle Class much longer!

The middle class is still suffering from the policies the GOP put in place when they held both houses and the presidency. After the 2000 recession when Republicans swept into office, they did nothing to help anyone but the rich. You know that. Everything the GOP did during the Bush years only helped the rich. And then at the end of Bush's 8 years it all fell apart.
And then Republicans attempted to block anything that would help the economy. The GOP hoped that if they obstructed and fucked everything up, people wouldn't vote and the crazies would elect the GOP into office. And they did. Republicans hope to finish the job they started under Bush. The Republicans have become a terrorist organization. I suspect that the middle class will eventually get their nose out of Kim Kardashian's butt and wake up. It will become a matter of survival as a nation. The GOP must be defeated.

So after SIX YEARS of Barry in the Oval Office...it's STILL the fault of the GOP that the Middle Class is getting destroyed?

Gee, either Barack Obama must be the most clueless person ever to sit in that chair...or you're the most naive person ever to hit this board!

As for your claim that the Republicans are a terrorist organization? Just because I said that Dad now wears the champion's crown as the biggest ideologue posting here...doesn't mean you have to post something ESPECIALLY stupid to try and get it back, R-Derp!

 

[Oldstyle]

OK, MORE opinion NOT backed up with ANYTHING but more bullshit. Shocking

Ah, Dude? YOU are the one that admitted that Obama didn't have anything to do with creating those jobs in the natural gas and shale oil fields! You want me to "back up" something that you've already admitted is fact? Really...

Gawd you wing nutter, I admitted, to move on from your stale bullshit, that out of 11.2+ million PRIVATE sector jobs since we hit Dubya's bottom, the gas/oil sectors 61,500 created since 2008, weren't because of anything Obama did. Just like prices of gas have almost zero to do with ANY Prez, either when they increase or decrease. lol

But you'll just keep on with your usual LIES, distortions and myths. Got it

So tell me something, Dad...when Barack Obama claims the increased production of oil and natural gas as a "win" for his administration...who do you think is distorting the truth?

When you progressives claim that Barry deserves credit for bringing the unemployment rate down...yet you can't name a single part of his agenda that's created jobs...who do you think is distorting the truth?

When you cite a ridiculously small number of jobs created by the boom in the natural gas and shale oil industries...who do you think is distorting the truth?

give it a rest OS ... here are the facts.

The oil and natural gas industry by the numbers:
9.8 million
Number of people directly and indirectly employed by the U.S. oil and natural gas industry.

600,000
Increase of the number of jobs supported in just two years.

$200 billion
Paid by the industry paid in direct wages to U.S. employees.

$300 billion
Paid to workers in jobs supported by the industry.

$1.4 million
Number of jobs the industry could create by 2030 with the right government policies in place to expand access to domestic natural resources.

$85 million
Daily amount companies pay to the federal government in income taxes, royalty payments, rents and bonus fees.

$2 trillion
Invested by the industry in U.S. capital projects since 2000 to advance all forms of energy, including alternatives.

$74 billion
Government revenues generated by unconventional oil and natural gas development in 2012, rising to $138 billion in 2025.

12 percent
Percentage that U.S. energy demand will grow between now and 2040


- See more at: Economy

Republicans can never get past "burn things". Notice how they rarely talk about manufacturing and high tech? Because most Republicans that work in those industries work out on the floor doing simple and repetitive assembly.

Make up your mind, R-Derp...either Republicans are all rich guys masterminding a takeover of the world...or they're broom pushers in some factory! They can't be both...DUH?

 

[Oldstyle]

Better jump in here quick, Dad! R-Derp obviously isn't going to take losing the crown sitting down. He's coming with the really stupid stuff this morning!!!

 

[Oldstyle]

Right wing world:

Reagan economy good because he tripled US debt which he did by GREATLY increasing Gov't spending and the top tax rate was 50% during his first 6 years. Reagan 14 million PRIVATE sector jobs in 8 years to Carters 9 million. Reagan super hero

My favorite moniker for him and his followers is Oblammer, it is the epitome of your entire agenda...

Post Carter Presidency facts:

1. Unemployment peaked at 10.8% '81 to '82
2. Prime Rate at 21.5% '80
3. Reagan did cut the top tax rate from 70% to 50%

a. Marginal Tax Rate was 39.0% in '79 for Single Income of $23,500 to $28,800
b. Marginal Tax Rate was 26.0% in '86 for Single Income of $19,640 to $25,360

The federal funds rate, which was about 11% in 1979, rose to 20% by June 1981. The prime interest rate, a highly important economic measure, eventually reached 21.5% in June 1982

Early 1980s recession - Wikipedia the free encyclopedia

50% top rate for 6 years, that socialist. Weird and it only took 11 tax increases to NOT even get the revenues back, how Reagan tripled the debt

So a roughly 13% decrease in Income Taxes over 7 years to the vast majority of Americans created one the largest individual increases in wealth for ALL AMERICANS is a non issue to most Socialist, I get it...

December of 1980 the Prime Rate was 21.5%, record high...

You live in the wrong country Dumb2three...

VAST MAJORITY? Oh you DON'T mean the avg working guys who saw their OVERALL tax burden go UP under Reagan right? lol


Personal income tax revenues declined from 9.4% GDP in 1981 to 8.3% GDP in 1989, while payroll tax revenues increased from 6.0% GDP to 6.7% GDP during the same period. This represented a more regressive tax regime, with more revenue derived from the flat payroll tax versus the progressive income tax.
Reaganomics - Wikipedia the free encyclopedia


WHO WON WITH REAGANOMICS YOU RIGHT WING ASSWIPE?

Do you read anything through and through? This is the sentence that proceeds your quote from Wiki...

According to a 1996 report of the Joint Economic Committee of the United States Congress, during Reagan's two terms, and through 1993, the top 10% of taxpayers paid an increased share of income taxes (not including payroll taxes) to the Federal government, while the lowest 50% of taxpayers paid a reduced share of income tax revenue...

You have to be one of the dumbest people on this board, you have officially taken Deany's place...

In Dad's defense...you can't spam the volume of nonsense that he posts here if you actually have to READ it all! He's more of a "headlines" kind of guy!

 

[Dot Com]

The central government should have “compleat authority in all cases which require uniformity.”

Do you have a clue ? You are so funny questioning my honesty when you 1. you are either openly disregarding context or 2. you were ripped off by whoever sold you your minor.

Sorry Bubba, Forgot you NEVER accept reality

Madison himself:

I would propose next that in addition to the present federal powers, the national Government should be armed with positive and compleat authority in all cases which require uniformity; such as the regulation of trade, including the right of taxing both exports & imports, the fixing the terms and forms of naturalization, &c &c.

Over and above this positive power, a negative in all cases whatsoever on the legislative acts of the States, as heretofore exercised by the Kingly prerogative, appears to me to be absolutely necessary, and to be the least possible encroachment on the State jurisdictions. Without this defensive power, every positive power that can be given on paper will be evaded & defeated.

The States will continue to invade the national jurisdiction, to violate treaties and the law of nations & to harrass each other with rival and spiteful measures dictated by mistaken views of interest. Another happy effect of this prerogative would be its controul on the internal vicisitudes of State policy; and the aggressions of interested majorities on the rights of minorities and of individuals

Federal v. Consolidated Government James Madison to George Washington

Thanks for making my case.

Gawd, you're insane Bubba. I thought EddieB was bad

you have a lot of patience to not have "that one" on ignore. He's an ideologue through & through, facts be damned Needless to say, he didn't progress very far in school no doubt.

As to the OP, the GOP works for a small group of people and NO, it isn't the middle-class.

You know what, Dottie? I've been hearing this same refrain from you Progressives for the better part of a decade now...how you are the champions of the Middle Class and how the GOP only cares about the wealthy...yet under two terms of an Administration that is dominated by progressives the Middle Class has taken a beating and the wealthy have gotten wealthier. So why is that? Are you guys just totally clueless when it comes to "doing" rather than talking...is it all nothing more than political posturing...or a combination of the two?

To be quite blunt...with you guys "working" for the Middle Class...there won't BE a Middle Class much longer!

you can't see the forest for the trees dummy. How quickly rw drones forget the GObP holding this great nation hostage to maintain tax-cuts for the wealthy

People, such as yourself, either don't keep up w/ current events or you lie. which is it Oldstyle ? Either way, it doesn't look good for you hack boi

Obama GOP Holding Middle Class Tax Cuts Hostage - CBS News

GAWD but you're a tool and a transparent one at that
.
.
.
.
.
.
.
.
.

 

[Dot Com]

In Dad's defense...you can't spam the volume of nonsense that he posts here if you actually have to READ it all! He's more of a "headlines" kind of guy!

he, as opposed to you, supplies "sources". You might want to do a web search to see what those are ideologue boi Try supplying some every week or so & people might, MIGHT take you seriously.

 

[Faun]

Sorry Bubba, Forgot you NEVER accept reality

Madison himself:

I would propose next that in addition to the present federal powers, the national Government should be armed with positive and compleat authority in all cases which require uniformity; such as the regulation of trade, including the right of taxing both exports & imports, the fixing the terms and forms of naturalization, &c &c.

Over and above this positive power, a negative in all cases whatsoever on the legislative acts of the States, as heretofore exercised by the Kingly prerogative, appears to me to be absolutely necessary, and to be the least possible encroachment on the State jurisdictions. Without this defensive power, every positive power that can be given on paper will be evaded & defeated.

The States will continue to invade the national jurisdiction, to violate treaties and the law of nations & to harrass each other with rival and spiteful measures dictated by mistaken views of interest. Another happy effect of this prerogative would be its controul on the internal vicisitudes of State policy; and the aggressions of interested majorities on the rights of minorities and of individuals

Federal v. Consolidated Government James Madison to George Washington

Thanks for making my case.

Gawd, you're insane Bubba. I thought EddieB was bad

you have a lot of patience to not have "that one" on ignore. He's an ideologue through & through, facts be damned Needless to say, he didn't progress very far in school no doubt.

As to the OP, the GOP works for a small group of people and NO, it isn't the middle-class.

You know what, Dottie? I've been hearing this same refrain from you Progressives for the better part of a decade now...how you are the champions of the Middle Class and how the GOP only cares about the wealthy...yet under two terms of an Administration that is dominated by progressives the Middle Class has taken a beating and the wealthy have gotten wealthier. So why is that? Are you guys just totally clueless when it comes to "doing" rather than talking...is it all nothing more than political posturing...or a combination of the two?

To be quite blunt...with you guys "working" for the Middle Class...there won't BE a Middle Class much longer!

you can't see the forest for the trees dummy. How quickly rw drones forget the GObP holding this great nation hostage to maintain tax-cuts for the wealthy

People, such as yourself, either don't keep up w/ current events or you lie. which is it Oldstyle ? Either way, it doesn't look good for you hack boi

Obama GOP Holding Middle Class Tax Cuts Hostage - CBS News

GAWD but you're a tool and a transparent one at that
.
.
.
.
.
.
.
.
.

"I think the president is missing the bigger point here," he said. "You can't have a strong economy if you're raising taxes on the very people you expect to invest in our economy to begin hiring people again." - Boehner

Wow. How monumentally wrong he turned out to be.

 

[Oldstyle]

Come on, Dottie...anyone with a dollop of honesty from your side would admit that the reason Obama didn't increase taxes on the wealthy was because some folks who actually understood economics finally got through to him and his merry band of progressives and explained to them that increasing taxes in the middle of a recession was NOT going to be a good thing for the economy!

Oh sure...he blamed it on the GOP...but what HASN'T Barry blamed on the GOP! Heck, he was accusing them of obstructionism when the Democrats had Super Majorities in the House and Senate!

 

[Dad2three]

Right wing world:

Reagan economy good because he tripled US debt which he did by GREATLY increasing Gov't spending and the top tax rate was 50% during his first 6 years. Reagan 14 million PRIVATE sector jobs in 8 years to Carters 9 million. Reagan super hero

My favorite moniker for him and his followers is Oblammer, it is the epitome of your entire agenda...

Post Carter Presidency facts:

1. Unemployment peaked at 10.8% '81 to '82
2. Prime Rate at 21.5% '80
3. Reagan did cut the top tax rate from 70% to 50%

a. Marginal Tax Rate was 39.0% in '79 for Single Income of $23,500 to $28,800
b. Marginal Tax Rate was 26.0% in '86 for Single Income of $19,640 to $25,360

The federal funds rate, which was about 11% in 1979, rose to 20% by June 1981. The prime interest rate, a highly important economic measure, eventually reached 21.5% in June 1982

Early 1980s recession - Wikipedia the free encyclopedia

50% top rate for 6 years, that socialist. Weird and it only took 11 tax increases to NOT even get the revenues back, how Reagan tripled the debt

So a roughly 13% decrease in Income Taxes over 7 years to the vast majority of Americans created one the largest individual increases in wealth for ALL AMERICANS is a non issue to most Socialist, I get it...

December of 1980 the Prime Rate was 21.5%, record high...

You live in the wrong country Dumb2three...

VAST MAJORITY? Oh you DON'T mean the avg working guys who saw their OVERALL tax burden go UP under Reagan right? lol


Personal income tax revenues declined from 9.4% GDP in 1981 to 8.3% GDP in 1989, while payroll tax revenues increased from 6.0% GDP to 6.7% GDP during the same period. This represented a more regressive tax regime, with more revenue derived from the flat payroll tax versus the progressive income tax.
Reaganomics - Wikipedia the free encyclopedia


WHO WON WITH REAGANOMICS YOU RIGHT WING ASSWIPE?

Do you read anything through and through? This is the sentence that proceeds your quote from Wiki...

According to a 1996 report of the Joint Economic Committee of the United States Congress, during Reagan's two terms, and through 1993, the top 10% of taxpayers paid an increased share of income taxes (not including payroll taxes) to the Federal government, while the lowest 50% of taxpayers paid a reduced share of income tax revenue...

You have to be one of the dumbest people on this board, you have officially taken Deany's place...

"According to a 1996 report of the Joint Economic Committee of the United States Congress, "


Oh you mean the GOP House and GOP Senate report? Yeah, EVERYTHING coming from the GOP should be believed, lol

IN THE SAME REPORT THEY GAVE REAGAN CREDIT FOR CLINTON'S ECONOMY, lol

Yes, they are talking INCOME tax burden versus overall tax burden Bubba. You know since Reagan increased taxes for SS to hide the REAL costs of his tax cuts for the rich???



"Payroll taxes rose from $157.8 billion in 1980 to $380 billion in 1990. Yes, a 140.8% nominal increase and a 60.3% increase in real terms when this tax rate was increased"

Economist s View Federal Tax Revenues During the 1980 s

 

[Dad2three]

My favorite moniker for him and his followers is Oblammer, it is the epitome of your entire agenda...

Post Carter Presidency facts:

1. Unemployment peaked at 10.8% '81 to '82
2. Prime Rate at 21.5% '80
3. Reagan did cut the top tax rate from 70% to 50%

a. Marginal Tax Rate was 39.0% in '79 for Single Income of $23,500 to $28,800
b. Marginal Tax Rate was 26.0% in '86 for Single Income of $19,640 to $25,360

The federal funds rate, which was about 11% in 1979, rose to 20% by June 1981. The prime interest rate, a highly important economic measure, eventually reached 21.5% in June 1982

Early 1980s recession - Wikipedia the free encyclopedia

50% top rate for 6 years, that socialist. Weird and it only took 11 tax increases to NOT even get the revenues back, how Reagan tripled the debt

So a roughly 13% decrease in Income Taxes over 7 years to the vast majority of Americans created one the largest individual increases in wealth for ALL AMERICANS is a non issue to most Socialist, I get it...

December of 1980 the Prime Rate was 21.5%, record high...

You live in the wrong country Dumb2three...

VAST MAJORITY? Oh you DON'T mean the avg working guys who saw their OVERALL tax burden go UP under Reagan right? lol


Personal income tax revenues declined from 9.4% GDP in 1981 to 8.3% GDP in 1989, while payroll tax revenues increased from 6.0% GDP to 6.7% GDP during the same period. This represented a more regressive tax regime, with more revenue derived from the flat payroll tax versus the progressive income tax.
Reaganomics - Wikipedia the free encyclopedia


WHO WON WITH REAGANOMICS YOU RIGHT WING ASSWIPE?

Do you read anything through and through? This is the sentence that proceeds your quote from Wiki...

According to a 1996 report of the Joint Economic Committee of the United States Congress, during Reagan's two terms, and through 1993, the top 10% of taxpayers paid an increased share of income taxes (not including payroll taxes) to the Federal government, while the lowest 50% of taxpayers paid a reduced share of income tax revenue...

You have to be one of the dumbest people on this board, you have officially taken Deany's place...

In Dad's defense...you can't spam the volume of nonsense that he posts here if you actually have to READ it all! He's more of a "headlines" kind of guy!

As opposed to just sticking with the lies the right wing pushes? And you swallow?

 

[Dad2three]

How the GOP Became the Party of the Rich

The inside story of how the Republicans abandoned the poor and the middle class to pursue their relentless agenda of tax cuts for the wealthiest one percent


The nation is still recovering from a crushing recession that sent unemployment hovering above nine percent for two straight years. The president, mindful of soaring deficits, is pushing bold action to shore up the nation's balance sheet. Cloaking himself in the language of class warfare, he calls on a hostile Congress to end wasteful tax breaks for the rich. "We're going to close the unproductive tax loopholes that allow some of the truly wealthy to avoid paying their fair share," he thunders to a crowd in Georgia. Such tax loopholes, he adds, "sometimes made it possible for millionaires to pay nothing, while a bus driver was paying 10 percent of his salary – and that's crazy."

Preacherlike, the president draws the crowd into a call-and-response. "Do you think the millionaire ought to pay more in taxes than the bus driver," he demands, "or less?"

The crowd, sounding every bit like the protesters from Occupy Wall Street, roars back: "MORE!"

The year was 1985. The president was Ronald Wilson Reagan.

Today's Republican Party may revere Reagan as the patron saint of low taxation. But the party of Reagan – which understood that higher taxes on the rich are sometimes required to cure ruinous deficits – is dead and gone. Instead, the modern GOP has undergone a radical transformation, reorganizing itself around a grotesque proposition: that the wealthy should grow wealthier still, whatever the consequences for the rest of us.

Modern-day Republicans have become, quite simply, the Party of the One Percent – the Party of the Rich.


"The Republican Party has totally abdicated its job in our democracy, which is to act as the guardian of fiscal discipline and responsibility," says David Stockman, who served as budget director under Reagan. "They're on an anti-tax jihad – one that benefits the prosperous classes."

Another Elderly Woman Gets Caught in GOP s War on Voting BillMoyers.com

 

[Dad2three]

A Failure of Capitalism (more fully entitled A Failure of Capitalism: The Crisis of '08 and the Descent into Depression) is a major 2009 nonfiction book by Judge Richard Posner, the most-cited American legal scholar in history, among the most respected judges in the United States (as of 1999), and a major proponent of the economic analysis of law. The book is significant in Posner's criticism of President George W. Bush and his administration's policies and the response to the fiscal crisis, as well as Posner's movement away from his past well-known advocacy of free-market capitalism.


The book has been primarily noted not for his criticism of progressive government policies (which he attacks again for good measure), but rather his critique of laissez-faire capitalism and its ideologues


A Failure of Capitalism - Wikipedia the free encyclopedia


DAMN RINO, LOL

 

[GWV5903]

you can't see the forest for the trees dummy. How quickly rw drones forget the GObP holding this great nation hostage to maintain tax-cuts for the wealthy

Did you miss the Wiki post your loser friend Dumb2three posted???

I don't get it, is this Kool Aid so strong that you still believe the wealthiest American's do not pay the lions share of Income Taxes in this country?? I mean you would have to have an IQ below 50 not to get it by now...

I do understand hatred overshadows FACTS for all humans, our Muslim Jihadist in the ME are a prime example that comes to mind, oh sorry I forgot their your favorite Anti Israeli supporters...

Anyway, you do realize that millions of American's pay much less in Income Taxes than they receive in Income Tax refunds don't you???

When you can honestly digest this let me know...

 

[Dad2three]

Come on, Dottie...anyone with a dollop of honesty from your side would admit that the reason Obama didn't increase taxes on the wealthy was because some folks who actually understood economics finally got through to him and his merry band of progressives and explained to them that increasing taxes in the middle of a recession was NOT going to be a good thing for the economy!

Oh sure...he blamed it on the GOP...but what HASN'T Barry blamed on the GOP! Heck, he was accusing them of obstructionism when the Democrats had Super Majorities in the House and Senate!

Yeah, because when you can park trillions offshore, how can they be expected to either create US jobs OR pay their FAIR SHARE


I MEAN SINCE OVER HALF OF ALL DIVIDENDS GO TO THE TOP 1/10TH OF 1% OF US IN THE US, IT WOULD BE HORRIBLE TO ASK THEM TO PAY A LARGER TAX BURDEN, AS THEIR INCOMES SOARED!!!

 

[Dad2three]

you can't see the forest for the trees dummy. How quickly rw drones forget the GObP holding this great nation hostage to maintain tax-cuts for the wealthy

Did you miss the Wiki post your loser friend Dumb2three posted???

I don't get it, is this Kool Aid so strong that you still believe the wealthiest American's do not pay the lions share of Income Taxes in this country?? I mean you would have to have an IQ below 50 not to get it by now...

I do understand hatred overshadows FACTS for all humans, our Muslim Jihadist in the ME are a prime example that comes to mind, oh sorry I forgot their your favorite Anti Israeli supporters...

Anyway, you do realize that millions of American's pay much less in Income Taxes than they receive in Income Tax refunds don't you???

When you can honestly digest this let me know...

"lions share of Income Taxes in this country"


OH THAT PIECE OF THE PIE THAT HAS SHRUNK TO NEAR POST WW2 LOWS AS SHARE OF FED REVENUES???

WONDER WHY???