Should The Rich Be Required To Pay Higher Taxes In the US?

[Maryland Patriot]

We made

Top 7 Wackiest Examples of Wasteful Government Spending from Wastebook 2014

1. The National Institute of Health’s Center for Alternative and Complimentary Medicine spent $387,000 to study the effects of Swedish massages on rabbits.
2. The Department of Interior spent $10,000 to monitor the growth rate of saltmarsh grass. In other words, the government is paying people to watch grass grow. On the bright side, they have not started paying people to watch paint dry.
3. The National Science Foundation has granted more than $200,000 to a research project that is trying to determine how and why Wikipedia is sexist. Wikipedia’s War on Woman?
4. The National Institute of Health funded a study to see if mothers love dogs as much as they love kids. Regardless of the results, this experiment cost taxpayers $371,026.
5. The federal government has granted $804,254 for the development of a smartphone game called “Kiddio: Food Fight.” The game is intended to teach parents how to convince their children to try and eat new healthier food choices.
6. The National Endowment for the Humanities has provided $47,000 for undergraduate classes that teach students about laughing and humor.
7. The National Science Foundation spent $856,000 to teach mountain lions how to walk on treadmills as part of a research project whose aim was to better understand mountain lions’ instincts.

While some of these waste examples seem like a drop in the bucket, cutting wasteful spending is important to build momentum to tackle even more difficult and pressing issues, like entitlement spending.

There's a reason behind all those projects. Look into them you realize GOP being petty hypocrites and only telling half the story. It's an election year coming up get ready.

BS...................It's wasteful spending..............hundreds of Billions of waste in the Waste book every year....................and your side we can't cut spending.........

Weve made lots of austerity cuts in the last 15 years. Hasn't made a dent in the debt. We need to cut military spending and corporate welfare

Cuts? Where at? The government is getting bigger budgets every year. We need some big time cuts. Corporate welfare needs to go. BofA, Wells Fargo, GE, GM, and Amtrak, need to be cut off. Then cut 15% across the rest of the budget. Raise taxes on everyone for four years, then cut them back. Get rid of tax exemptions for PACs. We need to also rein in all non-profit political organizations.

We spend more than the rest of the world combined on defense.

we protect more of the world than the world combined.

 

[sealybobo]

We made

There's a reason behind all those projects. Look into them you realize GOP being petty hypocrites and only telling half the story. It's an election year coming up get ready.

BS...................It's wasteful spending..............hundreds of Billions of waste in the Waste book every year....................and your side we can't cut spending.........

Weve made lots of austerity cuts in the last 15 years. Hasn't made a dent in the debt. We need to cut military spending and corporate welfare

Cuts? Where at? The government is getting bigger budgets every year. We need some big time cuts. Corporate welfare needs to go. BofA, Wells Fargo, GE, GM, and Amtrak, need to be cut off. Then cut 15% across the rest of the budget. Raise taxes on everyone for four years, then cut them back. Get rid of tax exemptions for PACs. We need to also rein in all non-profit political organizations.

We spend more than the rest of the world combined on defense.

we protect more of the world than the world combined.

Stop

 

[dblack]

We made

There's a reason behind all those projects. Look into them you realize GOP being petty hypocrites and only telling half the story. It's an election year coming up get ready.

BS...................It's wasteful spending..............hundreds of Billions of waste in the Waste book every year....................and your side we can't cut spending.........

Weve made lots of austerity cuts in the last 15 years. Hasn't made a dent in the debt. We need to cut military spending and corporate welfare

Cuts? Where at? The government is getting bigger budgets every year. We need some big time cuts. Corporate welfare needs to go. BofA, Wells Fargo, GE, GM, and Amtrak, need to be cut off. Then cut 15% across the rest of the budget. Raise taxes on everyone for four years, then cut them back. Get rid of tax exemptions for PACs. We need to also rein in all non-profit political organizations.

We spend more than the rest of the world combined on defense.

we protect more of the world than the world combined.

An oxymoronic aphorism is the perfect defense of our status quo.

 

[OnePercenter]

You want me to tell them that if they invested 12.4% of lifetime earnings in the market instead of in Social Security that they'd have a lot more money in retirement, even with the fluctuations in the market? Okay.

If you want to call 2008 a 'fluctuation.' LOL

My former in-laws failed to heed my 'ALL-OUT' warning of August, 2007. So instead of Social Security + $5K/mo., they have Social Security + $1K/mo. My ex takes care of most of their bills.

 

[OnePercenter]

Yanno, for those with the stomach to stay the course, 2009-2015 was about the most profitable 6 years in history. I take it you keep your money in your checking acct, bank CDs and six-packs of beer.

Vested and holding accounts.

 

[Papageorgio]

We made

Top 7 Wackiest Examples of Wasteful Government Spending from Wastebook 2014

1. The National Institute of Health’s Center for Alternative and Complimentary Medicine spent $387,000 to study the effects of Swedish massages on rabbits.
2. The Department of Interior spent $10,000 to monitor the growth rate of saltmarsh grass. In other words, the government is paying people to watch grass grow. On the bright side, they have not started paying people to watch paint dry.
3. The National Science Foundation has granted more than $200,000 to a research project that is trying to determine how and why Wikipedia is sexist. Wikipedia’s War on Woman?
4. The National Institute of Health funded a study to see if mothers love dogs as much as they love kids. Regardless of the results, this experiment cost taxpayers $371,026.
5. The federal government has granted $804,254 for the development of a smartphone game called “Kiddio: Food Fight.” The game is intended to teach parents how to convince their children to try and eat new healthier food choices.
6. The National Endowment for the Humanities has provided $47,000 for undergraduate classes that teach students about laughing and humor.
7. The National Science Foundation spent $856,000 to teach mountain lions how to walk on treadmills as part of a research project whose aim was to better understand mountain lions’ instincts.

While some of these waste examples seem like a drop in the bucket, cutting wasteful spending is important to build momentum to tackle even more difficult and pressing issues, like entitlement spending.

There's a reason behind all those projects. Look into them you realize GOP being petty hypocrites and only telling half the story. It's an election year coming up get ready.

BS...................It's wasteful spending..............hundreds of Billions of waste in the Waste book every year....................and your side we can't cut spending.........

Weve made lots of austerity cuts in the last 15 years. Hasn't made a dent in the debt. We need to cut military spending and corporate welfare

Cuts? Where at? The government is getting bigger budgets every year. We need some big time cuts. Corporate welfare needs to go. BofA, Wells Fargo, GE, GM, and Amtrak, need to be cut off. Then cut 15% across the rest of the budget. Raise taxes on everyone for four years, then cut them back. Get rid of tax exemptions for PACs. We need to also rein in all non-profit political organizations.

We spend more than the rest of the world combined on defense.

Didn't say we didn't, did I.

 

[OnePercenter]

Cuts? Where at? The government is getting bigger budgets every year. We need some big time cuts. Corporate welfare needs to go. BofA, Wells Fargo, GE, GM, and Amtrak, need to be cut off. Then cut 15% across the rest of the budget. Raise taxes on everyone for four years, then cut them back. Get rid of tax exemptions for PACs. We need to also rein in all non-profit political organizations.

The better way;


-Base Federal tax for corporations at 30% of revenue.

-Raise minimum wage to $23.50/hr. Based on where minimum wage should be using 1970-2015 rise in food, shelter, and transportation.

-Eliminate all business subsidies (deductions/write-offs/write-downs) except for employee expenses which are deducted dollar-for-dollar on all city, state, and Federal taxes and fees with the Feds refunding city, State, and fees.

-Companies with 500 employees or less, employee expenses above the deduction are subsidized at 100% with funds usually give back to the States.

-Adjust Social Security and private/public retirement and pension payments using 1970-2015 price structure.

-Remove the FICA limit.

-Back down ALL costs, prices, fees, to January 1, 2009 levels and hold them for 10 years which will eliminate inflation.

-Recall ALL off-shore investments tax free, and disallow any further off-shore investments.

-Make inversion illegal.

 

[OnePercenter]

Ever wonder how the products you see on our shelves get there? It all comes down to logistics, and it's how Walmart works. Every year, we move millions of products from manufacturers to Walmart distribution centers, and from distribution centers to the shelves in our stores.
Distribution Centers

Walmart’s 158 distribution centers are hubs of activity for our business. Our distribution operation is one of the largest in the world. Walmart logistics has a fleet of 6,500 tractors, 55,000 trailers and more than 7,000 drivers.

Walmart Logistics

LOL!

Read the door. LOL!

 

[dblack]

Cuts? Where at? The government is getting bigger budgets every year. We need some big time cuts. Corporate welfare needs to go. BofA, Wells Fargo, GE, GM, and Amtrak, need to be cut off. Then cut 15% across the rest of the budget. Raise taxes on everyone for four years, then cut them back. Get rid of tax exemptions for PACs. We need to also rein in all non-profit political organizations.

The better way;


-Base Federal tax for corporations at 30% of revenue.

-Raise minimum wage to $23.50/hr. Based on where minimum wage should be using 1970-2015 rise in food, shelter, and transportation.

-Eliminate all business subsidies (deductions/write-offs/write-downs) except for employee expenses which are deducted dollar-for-dollar on all city, state, and Federal taxes and fees with the Feds refunding city, State, and fees.

-Companies with 500 employees or less, employee expenses above the deduction are subsidized at 100% with funds usually give back to the States.

-Adjust Social Security and private/public retirement and pension payments using 1970-2015 price structure.

-Remove the FICA limit.

-Back down ALL costs, prices, fees, to January 1, 2009 levels and hold them for 10 years which will eliminate inflation.

-Recall ALL off-shore investments tax free, and disallow any further off-shore investments.

-Make inversion illegal.

But what about death? We should make that illegal too.

 

[Dad2three]

Liberals think they are Robin Hood and America is Sherwood Forrest................And they get votes from the Hood.

Without false premises, distortions and LIES, the right wingers would have NOTHING. Oh right, it's what they argue now!

That's his platform..........and you guys think you are Robin N the hoods....................Your side is good at one thing..........Driving business away.................

I remember building a gas turbine plant in Mohave Arizona........Just across the border from Needles Liberalfornia..................during the Black outs............Do you know why it was built in Arizona........because the power plant said it would be a cold day in Hell when they would build it in California...............

\
Sure Bubba, sure. You mean when Dubya allowed the "free market" to hose Cali during the created energy crisis? Weird


I bet they said that too, the largest US economy in Cali, by FARRRR , LOL, WHAT are we doing wrong?

Big difference between the Con Artist at ENRON, and the actual utilities working there. 2 went bankrupt, and California bought the transmission lines to save the third utility there back then.

Bottom line California has a habit of chasing away companies.................Why should they come in there and build when people like you say your gonna regulate and tax their asses off.......................I heard that from the big dogs building that plant...........

Just down the street..................a PEAKER COAL PLANT RUNNING AT 30 % CAPACITY...............But they would be fined for producing more power to stop the Black Outs because COAL IS THE DEVIL TO PEOPLE LIKE YOU............

Weird, the "free market" causes the energy comps to go BK, AND YOU BLAME CALI? lol

The California electricity crisis, also known as the Western U.S. Energy Crisis of 2000 and 2001, was a situation in which the United States state of California had a shortage of electricity supply caused by market manipulations, illegal shutdowns of pipelines by the Texas energy consortium Enron, and capped retail electricity prices



Drought, delays in approval of new power plants,and market manipulation decreased supply. This caused an 800% increase in wholesale prices from April 2000 to December 2000


California had an installed generating capacity of 45GW. At the time of the blackouts, demand was 28GW. A demand supply gap was created by energy companies, mainly Enron, to create an artificial shortage. Energy traders took power plants offline for maintenance in days of peak demand to increase the price. Traders were thus able to sell power at premium prices, sometimes up to a factor of 20 times its normal value. Because the state government had a cap on retail electricity charges, this market manipulation squeezed the industry's revenue margins, causing the bankruptcy of Pacific Gas and Electric Company (PG&E) and near bankruptcy of Southern California Edison in early 2001

The financial crisis was possible because of partial deregulation legislation instituted in 1996 by the California Legislature (AB 1890) and Governor Pete Wilson. Enron took advantage of this deregulation and was involved in economic withholding and inflated price bidding in California's spot markets

California electricity crisis - Wikipedia, the free encyclopedia


MORONIC LIAR!

 

[OnePercenter]

other than continuing to build his vision, exactly how have they tarnished his efforts.

Sam Walton's vision was to pay his employees so little that they qualified for public assistance while the company took tens of billions in taxpayer subsidies? Sure it was.....

 

[Ray From Cleveland]

We made

Top 7 Wackiest Examples of Wasteful Government Spending from Wastebook 2014

1. The National Institute of Health’s Center for Alternative and Complimentary Medicine spent $387,000 to study the effects of Swedish massages on rabbits.
2. The Department of Interior spent $10,000 to monitor the growth rate of saltmarsh grass. In other words, the government is paying people to watch grass grow. On the bright side, they have not started paying people to watch paint dry.
3. The National Science Foundation has granted more than $200,000 to a research project that is trying to determine how and why Wikipedia is sexist. Wikipedia’s War on Woman?
4. The National Institute of Health funded a study to see if mothers love dogs as much as they love kids. Regardless of the results, this experiment cost taxpayers $371,026.
5. The federal government has granted $804,254 for the development of a smartphone game called “Kiddio: Food Fight.” The game is intended to teach parents how to convince their children to try and eat new healthier food choices.
6. The National Endowment for the Humanities has provided $47,000 for undergraduate classes that teach students about laughing and humor.
7. The National Science Foundation spent $856,000 to teach mountain lions how to walk on treadmills as part of a research project whose aim was to better understand mountain lions’ instincts.

While some of these waste examples seem like a drop in the bucket, cutting wasteful spending is important to build momentum to tackle even more difficult and pressing issues, like entitlement spending.

There's a reason behind all those projects. Look into them you realize GOP being petty hypocrites and only telling half the story. It's an election year coming up get ready.

BS...................It's wasteful spending..............hundreds of Billions of waste in the Waste book every year....................and your side we can't cut spending.........

Weve made lots of austerity cuts in the last 15 years. Hasn't made a dent in the debt. We need to cut military spending and corporate welfare

Cuts? Where at? The government is getting bigger budgets every year. We need some big time cuts. Corporate welfare needs to go. BofA, Wells Fargo, GE, GM, and Amtrak, need to be cut off. Then cut 15% across the rest of the budget. Raise taxes on everyone for four years, then cut them back. Get rid of tax exemptions for PACs. We need to also rein in all non-profit political organizations.

We spend more than the rest of the world combined on defense.

Which is why we are more prepared for defense than all the other countries combined.

 

[OnePercenter]

we protect more of the world than the world combined.

We protect our financial interests.

 

[dblack]

we protect more of the world than the world combined.

We protect our financial interests.

It sounds so wholesome.

 

[Ray From Cleveland]

"That's not a tax break for the Waltons."



True, Walton's ONLY have a greater than 50% stake in Walmart

Remember, Walmart Procurement, Logistics, and Transportation are privately held companies wholly owned by the Walmart seven, so they receive more than the 'greater than 50% stake.'

Remember, Walmart Procurement, Logistics, and Transportation are privately held companies wholly owned by the Walmart seven, so they receive more than the 'greater than 50% stake.'

Prove it.

There is no mention of Walmart Procurement, Logistics, and Transportation in any SEC filings, which means they aren't part of Walmart Stores, Inc.

Ever wonder how the products you see on our shelves get there? It all comes down to logistics, and it's how Walmart works. Every year, we move millions of products from manufacturers to Walmart distribution centers, and from distribution centers to the shelves in our stores.
Distribution Centers

Walmart’s 158 distribution centers are hubs of activity for our business. Our distribution operation is one of the largest in the world. Walmart logistics has a fleet of 6,500 tractors, 55,000 trailers and more than 7,000 drivers.

Walmart Logistics

LOL!

And.....if you ever talked to any of their tractor-trailer drivers (as I have) , they are more than happy with the pay and benefits Wal-Mart provides.

 

[Dad2three]

Damn Bush and those republicans for not figuring out how to stop the housing industry from failing when all of those creative loans forced by Clinton came due.
and Damn Bush and those republicans for not trying to convince the democrats that the crash was coming.
Oh why couldnt they just listen to the dems like Barney Franks when he told them the industry was in good shape.

TO FUKKN FUNNY BUBS


FACTS on Dubya's great recession

Q When did the Bush Mortgage Bubble start?

A The general timeframe is it started late 2004.

From Bush’s President’s Working Group on Financial Markets October 2008

“The Presidents Working Group’s March policy statement acknowledged that turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007.”



Bush's documented policies and statements in timeframe leading up to the start of the Bush Mortgage Bubble include (but not limited to)

Wanting 5.5 million more minority homeowners
Tells congress there is nothing wrong with GSEs
Pledging to use federal policy to increase home ownership
Routinely taking credit for the housing market
Forcing GSEs to buy more low income home loans by raising their Housing Goals
Lowering Invesntment bank's capital requirements, Net Capital rule (2004)
Reversing the Clinton rule that restricted GSEs purchases of subprime loans (2004)
Lowering down payment requirements to 0% (2004)
Forcing GSEs to spend an additional $440 billion in the secondary markets (2004)
Giving away 40,000 free down payments PER YEAR (2004-2007)
PREEMPTING ALL STATE LAWS AGAINST PREDATORY LENDING (2003)


But the biggest policy was regulators not enforcing lending standards.



Right-wingers Want To Erase How George Bush's "Homeowner Society" Helped Cause The Economic Collapse


2004 Republican Convention:

Another priority for a new term is to build an ownership society, because ownership brings security and dignity and independence.
...

Thanks to our policies, home ownership in America is at an all- time high.

(APPLAUSE)

Tonight we set a new goal: 7 million more affordable homes in the next 10 years, so more American families will be able to open the door and say, "Welcome to my home."


June 17, 2004


Builders to fight Bush's low-income plan


NEW YORK (CNN/Money) - Home builders, realtors and others are preparing to fight a Bush administration plan that would require Fannie Mae and Freddie Mac to increase financing of homes for low-income people, a home builder group said Thursday.


Home builders fight Bush's low-income housing - Jun. 17, 2004



http://www.usmessageboard.com/threads/facts-on-dubyas-great-recession.362889/

CLINTON? BARNEY? lol

 

[Toddsterpatriot]

Since the guy is in his early 60s, I assume no minor children.
And since his wife worked too, she's still going to collect her same benefit.
No boost based on his early death.

So how much was your income that you paid zero taxes on? Details man.

She'll collect his side as the last surviving spouse when she reaches age.

I made $1.00 last year.

How much did your trust make?
How much did your trust pay in taxes?

 

[francoHFW]

When 95% of new wealth goes to the richest 1% and the nonrich and the country are falling apart, it's time for more taxes on the richest and their tax free corps.

Could that possibly be because the top 1% benefit from wise investments in America, creating new jobs, products and services while the poor do not invest at all? The rich are not rich because the poor are poor and the poor are not poor because the rich are rich. Your consistent jealousy - like that of all the loony lefties here, there and everywhere, has been duly noted ... again.

^^ Perfect brainwashed chump of the greedy idiot rich GOP...funny how I'm not jealous of Dem rich, just the lying a-holes we're all cheated by. see sig

You mean like George Soros who funds all manner of loony left lunacy with money he made by raping small, economically defenseless countries?
Oh wait ... he's a Dem so it's all good.

My, you know a lot of total bs...he's for raising his own taxes.

Yeah, sure he is. Look who drank the kool-aid. If Soros was sincere he would throw in with Gates and Buffett and put his wealth - garnered by raping economically defenseless countries - to work helping Americans.
Soros is an ideologically driven fraud, just like you.

BS. Read wiki - HUGE at charities, bringing democracy to 3rd world, fact checking here, raping my ass. You believe a gigantic pile of Pubcrappe.

 

[Ray From Cleveland]

4
If you put 12.4% of your lifetime earnings in the stock market and 12.4% of your lifetime earnings into Social Security and die tomorrow, at the age of 61 years, 363 days, which of your two retirement plans will give your family more money, the stock market or Social Security?

Unless you had all of your eggs in the market when Republicans/corporate America/BushCo crashed the economy in 2007/2008.

Then you'd still have much, much more than from Social Security.

Tell that to the tens of millions of Americans that lost some or all of their retirement income.

Yanno, for those with the stomach to stay the course, 2009-2015 was about the most profitable 6 years in history.

This is true. The wealthy never became wealthier.

 

[Dad2three]

Damn Bush and those republicans for not figuring out how to stop the housing industry from failing when all of those creative loans forced by Clinton came due.
and Damn Bush and those republicans for not trying to convince the democrats that the crash was coming.
Oh why couldnt they just listen to the dems like Barney Franks when he told them the industry was in good shape.

Oh come on. You know how it works by now!

Obama spent more money than all other Presidents combined, but that was Bush's fault.

Bush was President during the housing bubble that was created by Democrats, but that was Bush's fault too.

Slowest recovery in recent history because Bush screwed up the economy so badly.

We have lower unemployment thanks to Obama.

Obama pulls all troops out of Iraq, the left praises their great President.

Whoops! ISIS takes over Iraq because of no US troops. That's Bush's fault.

MORE RIGHT WING GARBAGE. Shocking



"We crashed the economy but we don't like the way you tried to fix it." - GOP.

Dubya was warned by the FBI of an "epidemic" of mortgage fraud in 2004. He gave them less resources.


FBI saw threat of loan crisis - Los Angeles Times



Shockingly, the FBI clearly makes the case for the need to combat mortgage fraud in 2005, the height of the housing crisis:

Financial Crimes Report to the Public 2005

FBI ? Financial Crimes Report 2005


The Bush Rubber Stamp Congress ignored the obvious and extremely detailed and well reported crime spree by the FBI.

THE BUSH ADMINISTRATION and GOP CONGRESS stripped the White Collar Crime divisions of money and manpower.



"Those selling the CDS's would not have been able to sell them if they had been required by regulators to maintain standard insurance reserves."


2004 Dubya allowed the leverage rules to go from 12-1 to 35-1 which flooded the market with cheap money!

The SEC Rule That Broke Wall Street

The SEC Rule That Broke Wall Street


BUSH REGULATORS ON WALL STREET IN 2004 WITH A CHAINSAW 'CUTTING' REGULATIONS

We certainly don't want there to be a fine print preventing people from owning their home,” the President(DUBYA) said in a 2002 speech. “We can change the print, and we've got to.”


Dollar amount of subprime loans outstanding:

2007 $1.3 trillion

Dollar amount of subprime loans outstanding in 2003: $332 billion

Percentage increase from 2003: 292%



FACTS on Dubya's great recession | US Message Board - Political Discussion Forum