Taxing the wealthy more will have little to no impact on your life or anyone around you

[Brain357]

He isn't mixing posts. He's ignoring them.
Typical hack technique

Nah..he asked me what the Messiah hit me with.
It was what bill that hit me with a high CG tax and what I did with the money Bush awarded me after the billdo left office.
I spent it knowing I didnt have someone hostile towards investment.
Once the commie in office is gone I'll start spending money again,until then I'll spend like a pauper.

You still haven't said what new taxes Obama has hit you with.

Clearly the bush tax cuts didn't do much for the economy so you must have been the only one.

He increased CGs you ignoranus.
Which made me stop spending money.
If you dont think those who make money off of CGs didnt do the same you're a fucken idiot.

Seriously? That just crushed you?

No ya fucken idiot!!! It made me stop cashing in my stocks and spending the money!!!!
Good God you have zero idea what drives the economy!!!

No I know quite a lot about the economy. And you make the mistake of thinking investment saves everything. Well lets pretend you own a restaurant. You need lots of customers who can afford to go out to eat. Sure you have lots of investment and a really great restaurant, but what does that do for you with no customers? We need a strong middle class. That is what really drives an economy.

 

[HereWeGoAgain]

It will only enable the government to spend more money on stupid ass senseless projects like shrimp on treadmills.
You stupid liberals will vote for it and see NONE OF IT. It will be blown on wasteful spending just like the vast majority of your taxes

Your concern for the wealthy is touching – it really is.

I care about the wealthy more than I do than some scumbag sucking on the gov tit.
They at least provide jobs and tax revenue.

Not enough. We need demand, not screwing the workers. If you don't want people on assistance, don't start corrupt bubbles, invest in America.

I invest in America when the tax burden doesnt hurt me.
Until than the poor can suck scum out of the gutter to survive.
Why do you insist on fighting the very people who can make a difference?
You'll lose every time.

 

[Remodeling Maidiac]

The wealthy is who provide jobs.
You work for a bum who lives under an overpass?

The really haven't been doing much of that. Unless you mean provide jobs for foreigners.

Than why do you continue to support a gov that encourages it?

I'm an independent...

Thus far you're only blaming one side.

Independent my ass

Really? In what way am I blaming one side? I'm simply pointing out the effects of the Bush tax cut. His party really doesn't matter to me. I have agreed we should kick out the illegals. What side is that?

You pointed out your OPINION of the impact of the Bush cuts. You left out 9/11 and the drastic impact that had on our economy.
Your position is akin to the moron who's house floated away in a hurricane and he still purchased new carpet for the living room.

 

[HereWeGoAgain]

Nah..he asked me what the Messiah hit me with.
It was what bill that hit me with a high CG tax and what I did with the money Bush awarded me after the billdo left office.
I spent it knowing I didnt have someone hostile towards investment.
Once the commie in office is gone I'll start spending money again,until then I'll spend like a pauper.

You still haven't said what new taxes Obama has hit you with.

Clearly the bush tax cuts didn't do much for the economy so you must have been the only one.

He increased CGs you ignoranus.
Which made me stop spending money.
If you dont think those who make money off of CGs didnt do the same you're a fucken idiot.

Seriously? That just crushed you?

No ya fucken idiot!!! It made me stop cashing in my stocks and spending the money!!!!
Good God you have zero idea what drives the economy!!!

No I know quite a lot about the economy. And you make the mistake of thinking investment saves everything. Well lets pretend you own a restaurant. You need lots of customers who can afford to go out to eat. Sure you have lots of investment and a really great restaurant, but what does that do for you with no customers? We need a strong middle class. That is what really drives an economy.

So you think the poor eat out?

 

[Brain357]

The really haven't been doing much of that. Unless you mean provide jobs for foreigners.

Than why do you continue to support a gov that encourages it?

I'm an independent...

Thus far you're only blaming one side.

Independent my ass

Really? In what way am I blaming one side? I'm simply pointing out the effects of the Bush tax cut. His party really doesn't matter to me. I have agreed we should kick out the illegals. What side is that?

You pointed out your OPINION of the impact of the Bush cuts. You left out 9/11 and the drastic impact that had on our economy.
Your position is akin to the moron who's house floated away in a hurricane and he still purchased new carpet for the living room.

What does 9/11 have to do with tax cuts decreasing revenue?

 

[francoHFW]

You still haven't said what new taxes Obama has hit you with.

Clearly the bush tax cuts didn't do much for the economy so you must have been the only one.

My business exploded during Clinton & Bush.

It didn't slow down till the crash which was not a partisan cause

Everyone exploded under Clinton. And that was pre tax cuts.

Typical. Left half of my post out.

Partisan idiocy hater dupe lol

I bet the rate of growth went down with Bush.

I bet you'll pull another bogus link out of your ass to inform me of your position huh....

One sided criticism does NOT make an independent

Makes a smart Dem, not a dupe.
One of the standard Republican talking points is that the Democrats had afilibuster-proof, super majority for two years between 2008 and 2010. This talking point is usually trotted out when liberals complain that the Republicans filibustered virtually every piece of legislation proposed by Obama or the Democrats during Obama’s presidency. The implication is that Democrats had ample opportunity to pass legislation and that the reason they didn’t pass more legislation doesn’t have anything to do with the Republicans.

It is also used to counter any argument that Republican legislation, (passed during the six years of total Republican control,) has anything to do with today’s problems. They claim that the Democrats had a super majority for two years and passed all kinds of legislation, (over Republican objection and filibuster,) that completely undid all Republican policies and legislation, and this absolves them from today’s problems.

The Truth is that the Democrats only had a filibuster-proof majority for 60 working days during that period, insufficient time to undo even a small portion of the legislation passed during six years of Republican control. Here are the details:

To define terms, a Filibuster-Proof Majority or Super Majority is the number of votes required to overcome a filibuster in the Senate. According to current Senate rules, 60 votes are required to overcome a filibuster.

Here is a time-line of the events after the 2008 election:

1. BALANCE BEFORE THE ELECTION. In 2007 – 2008 the balance in the Senate was 51-49 in favor of the Democrats. On top of that, there was a Republican president who would likely veto any legislation the Republicans didn’t like. Not exactly a super majority.

2. BIG GAIN IN 2008, BUT STILL NO SUPER MAJORITY. Coming out the 2008 election, the Democrats made big gains, but they didn’t immediately get a Super Majority. The Minnesota Senate race required a recount and was not undecided for more than six months. During that time, Norm Coleman was still sitting in the Senate and the Balance 59-41, still not a Super Majority.

3. KENNEDY GRAVELY ILL. Teddy Kennedy casthis last vote in April and left Washington for good around the first of May. Technically he could come back to Washington vote on a pressing issue, but in actual fact, he never returned, even to vote on the Sotomayor confirmation. That left the balance in the Senate 58-41,two votes away from a super majority.

4. STILL NO SUPER MAJORITY. In July, Al Frankin was finally declared the winner and was sworn in on July 7th, 2009, so the Democrats finally had a Super Majority of 60-40 six and one-half months into the year. However, by this point, Kennedy was unable to return to Washington even to participate in the Health Care debate, so it was only a technical super majority because Kennedy could no longer vote and the Senate does not allow proxies. Now the actual actual balance of voting members was 59-40 not enough to overcome a Republican filibuster.

5. SENATE IS IN RECESS. Even if Kennedy were able to vote, the Senate went into summer recess three weeks later, from August 7th to September 8th.

6. KENNEDY DIES. Six weeks later, on Aug 26, 2009 Teddy Kennedy died, putting the balance at 59-40.Now the Democrats don’t even have technical super majority.

7. FINALLY, A SUPER MAJORITY! Kennedy’s replacement was sworn in on September 25, 2009, finally making the majority 60-40, just enough for a super majority.

8. SENATE ADJOURNS. However the Senate adjourned for the year on October 9th, only providing 11 working days of super majority, from September 25th to October 9th.

9. SPECIAL SESSIONS. During October, November and December, the Senate had several special sessions to deal with final passage of ACA and Budget appropriations.

October = 13th – 15th, 20th – 22nd, 27th, 29th = 8 days
November = 2nd, 4th, 5th, 9th 16th, 17th, 19th, 21st = 8 days
December = 1st, 3rd - 8th, 10th – 13th, 15th – 18th, 19th, 21st – 24th = 20 days

Total Special Session Days = 36.

8. SCOTT BROWN ELECTED. Scott Brown was elected on January 19th 2010. The Senate was in session for 10 days in January, but Scott Brown wasn’t sworn into office on February 4th, so the Democrats only had 13 days of super majority in 2010.
Summary:

Regular Session: 11 working days
Special Session: 36 working days
Lame Duck Session: 13 working days

The Democrats only had 60 days of Super Majority between 2008 and 2010.

Discussion: One of the central themes of the Republican argument is that the Democrats had a super majority for two full years and so they had plenty of time pass new legislation or undo any problems that were caused by six years of Republican control of all three branches of government. This is argument is used by the Republicans immunize themselves against any responsibility for ongoing problems that might have been caused by their policies.

However, the fact is that the Democrats had a super majority for a total of 60 days, which is no where near the two years that Republicans are always claiming. On top of that, the period of Super Majority was split into short sessions, none of which was longer than five days. In addition, the special session time was entirely devoted to budget issues and Republican amendments to the ACA.

Given the glacial pace that business takes place in the Senate, this was way too little time for the Democrats pass any meaningful legislation, let alone get bills through committees and past all the obstructionistic tactics the Republicans were using to block legislation. No one can seriously expect that the Democrats could undo in 60 days all the damage that Republicans created in six years.

Further, these Super Majorities count Joe Lieberman as a Democrat even though he was by this time an Independent. Even though he was Liberal on some legislation, he was very conservative on other issues and opposed many of the key pieces of legislation the Democrats and Obama wanted to pass. For example, he was adamantly opposed to “Single Payer” health care and vowed to support a Republican Filibuster if it ever came to the floor. He even threatened to caucus with the Republicans if legislation came to the floor that he didn’t like.

Summary:

1. 1/07 – 12/08 – 51-49 – Ordinary Majority.
2. 1/09 – 7/14/09 – 59-41 – Ordinary Majority. (Coleman/Franklin Recount.)
3. 7/09 – 8/09 - 60-40 – Technical Super Majority, but since Kennedy is unable to vote, the Democrats can’t overcome a filibuster
4. 8/09 – 9/09 - 59-40 – Ordinary Majority. (Kennedy dies)
5. 9/09 – 12/24- 60-40 – Super Majority for 47 working days.
6. 1/10 – 2/10 – 60-40 – Super Majority for 13 working days

Total Time of the Democratic Super Majority: 60 Working days.

U.S. Senate: Roll Call Votes 111th Congress-1st session (2009)
http://www.senate.gov/legislative/resources/pdf/2009_calendar.pdf
http://www.senate.gov/legislative/resources/pdf/2010_calendar.pdf
United States Senate election in Minnesota, 2008 - Wikipedia, the free encyclopedia
111th United States Congress - Wikipedia, the free encyclopedia

 

[HereWeGoAgain]

The wealthy is who provide jobs.
You work for a bum who lives under an overpass?

The really haven't been doing much of that. Unless you mean provide jobs for foreigners.

Than why do you continue to support a gov that encourages it?

I'm an independent...

Thus far you're only blaming one side.

Independent my ass

Really? In what way am I blaming one side? I'm simply pointing out the effects of the Bush tax cut. His party really doesn't matter to me. I have agreed we should kick out the illegals. What side is that?

And I pointed out I spend a lot more money when I'm not taxed excessively.

 

[Brain357]

You still haven't said what new taxes Obama has hit you with.

Clearly the bush tax cuts didn't do much for the economy so you must have been the only one.

He increased CGs you ignoranus.
Which made me stop spending money.
If you dont think those who make money off of CGs didnt do the same you're a fucken idiot.

Seriously? That just crushed you?

No ya fucken idiot!!! It made me stop cashing in my stocks and spending the money!!!!
Good God you have zero idea what drives the economy!!!

No I know quite a lot about the economy. And you make the mistake of thinking investment saves everything. Well lets pretend you own a restaurant. You need lots of customers who can afford to go out to eat. Sure you have lots of investment and a really great restaurant, but what does that do for you with no customers? We need a strong middle class. That is what really drives an economy.

So you think the poor eat out?

Not at good restaurants, no. They can't afford to obviously.

 

[francoHFW]

You still haven't said what new taxes Obama has hit you with.

Clearly the bush tax cuts didn't do much for the economy so you must have been the only one.

He increased CGs you ignoranus.
Which made me stop spending money.
If you dont think those who make money off of CGs didnt do the same you're a fucken idiot.

Seriously? That just crushed you?

No ya fucken idiot!!! It made me stop cashing in my stocks and spending the money!!!!
Good God you have zero idea what drives the economy!!!

No I know quite a lot about the economy. And you make the mistake of thinking investment saves everything. Well lets pretend you own a restaurant. You need lots of customers who can afford to go out to eat. Sure you have lots of investment and a really great restaurant, but what does that do for you with no customers? We need a strong middle class. That is what really drives an economy.

So you think the poor eat out?

A STRONG MIDDLE CLASS. Ay caramba.

 

[Brain357]

The really haven't been doing much of that. Unless you mean provide jobs for foreigners.

Than why do you continue to support a gov that encourages it?

I'm an independent...

Thus far you're only blaming one side.

Independent my ass

Really? In what way am I blaming one side? I'm simply pointing out the effects of the Bush tax cut. His party really doesn't matter to me. I have agreed we should kick out the illegals. What side is that?

And I pointed out I spend a lot more money when I'm not taxed excessively.

And our economy needs lots of people spending, not just a few wealthy. You only eat 3 times a day.

 

[HereWeGoAgain]

He increased CGs you ignoranus.
Which made me stop spending money.
If you dont think those who make money off of CGs didnt do the same you're a fucken idiot.

Seriously? That just crushed you?

No ya fucken idiot!!! It made me stop cashing in my stocks and spending the money!!!!
Good God you have zero idea what drives the economy!!!

No I know quite a lot about the economy. And you make the mistake of thinking investment saves everything. Well lets pretend you own a restaurant. You need lots of customers who can afford to go out to eat. Sure you have lots of investment and a really great restaurant, but what does that do for you with no customers? We need a strong middle class. That is what really drives an economy.

So you think the poor eat out?

Not at good restaurants, no. They can't afford to obviously.

Than why do you insist on making it hard on small business?
They're the ones who provide the jobs.

 

[HereWeGoAgain]

Old no Brain and his circular logic.

 

[Brain357]

Seriously? That just crushed you?

No ya fucken idiot!!! It made me stop cashing in my stocks and spending the money!!!!
Good God you have zero idea what drives the economy!!!

No I know quite a lot about the economy. And you make the mistake of thinking investment saves everything. Well lets pretend you own a restaurant. You need lots of customers who can afford to go out to eat. Sure you have lots of investment and a really great restaurant, but what does that do for you with no customers? We need a strong middle class. That is what really drives an economy.

So you think the poor eat out?

Not at good restaurants, no. They can't afford to obviously.

Than why do you insist on making it hard on small business?
They're the ones who provide the jobs.

Again I am an independent and not a politician. What exactly have I done to make it hard on small business?

 

[Remodeling Maidiac]

Than why do you continue to support a gov that encourages it?

I'm an independent...

Thus far you're only blaming one side.

Independent my ass

Really? In what way am I blaming one side? I'm simply pointing out the effects of the Bush tax cut. His party really doesn't matter to me. I have agreed we should kick out the illegals. What side is that?

You pointed out your OPINION of the impact of the Bush cuts. You left out 9/11 and the drastic impact that had on our economy.
Your position is akin to the moron who's house floated away in a hurricane and he still purchased new carpet for the living room.

What does 9/11 have to do with tax cuts decreasing revenue?

Revenue goes down when people stop making money. Our economy all but froze after 9/11. So much so that our government was all but begging people to go out and spend money to prove the terrorists hadn't won. People were scared. They were saving and as a result businesses THAT HIRE PEOPLE WHO PAY TAXES weren't hiring.
Think BEYOND your stupid talking points

 

[Brain357]

Old no Brain and his circular logic.

I'm actually enjoying our conversation. Why go to the name calling? It's rather childish.

 

[francoHFW]

It will only enable the government to spend more money on stupid ass senseless projects like shrimp on treadmills.
You stupid liberals will vote for it and see NONE OF IT. It will be blown on wasteful spending just like the vast majority of your taxes

Your concern for the wealthy is touching – it really is.

I care about the wealthy more than I do than some scumbag sucking on the gov tit.
They at least provide jobs and tax revenue.

Not enough. We need demand, not screwing the workers. If you don't want people on assistance, don't start corrupt bubbles, invest in America.

I invest in America when the tax burden doesnt hurt me.
Until than the poor can suck scum out of the gutter to survive.
Why do you insist on fighting the very people who can make a difference?
You'll lose every time.

Can you spot when Reaganism started pandering to the rich and ruining the middle class?
The Demise of the American Middle Class In Numbers.

Over the past 30 years the American dream has gradually disappeared. The process was slow, so most people didn’t notice. They just worked a few more hours, borrowed a little more and cut back on non-essentials. But looking at the numbers and comparing them over long time periods, it is obvious that things have changed drastically. Here are the details:

1. WORKERS PRODUCE MORE BUT THE GAINS GO TO BUSINESS.

Over the past 63 years worker productivity has grown by 2.0% per year.

But after 1980, workers received a smaller share every year. Labor’s share of income (1992 = 100%):

1950 = 101%
1960 = 105%
1970 = 105%
1980 = 105% – Reagan
1990 = 100%
2000 = 96%
2007 = 92%

A 13% drop since 1980

2. THE TOP 10% GET A LARGER SHARE.

Share of National Income going to Top 10%:

1950 = 35%
1960 = 34%
1970 = 34%
1980 = 34% – Reagan
1990 = 40%
2000 = 47%
2007 = 50%

An increase of 16% since Reagan.

3. WORKERS COMPENSATED FOR THE LOSS OF INCOME BY SPENDING THEIR SAVINGS.

The savings Rose up to Reagan and fell during and after.

1950 = 6.0%
1960 = 7.0%
1970 = 8.5%
1980 = 10.0% – Reagan
1982 = 11.2% – Peak
1990 = 7.0%
2000 = 2.0%
2006 = -1.1% (Negative = withdrawing from savings)

A 12.3% drop after Reagan.

4. WORKERS ALSO BORROWED TO MAKE UP FOR THE LOSS.

Household Debt as percentage of GDP:

1965 = 46%
1970 = 45%
1980 = 50% – Reagan
1990 = 61%
2000 = 69%
2007 = 95%

A 45% increase after 1980.

5. SO THE GAP BETWEEN THE RICHEST AND THE POOREST HAS GROWN.

Gap Between the Share of Capital Income earned by the top 1%
and the bottom 80%:

1980 = 10%
2003 = 56%

A 5.6 times increase.

6. AND THE AMERICAN DREAM IS GONE.

The Probably of Moving Up from the Bottom 40% to the Top 40%:

1945 = 12%
1958 = 6%
1990 = 3%
2000 = 2%

A 10% Decrease.

Links:

1 = ftp://ftp.bls.gov/pub/special.requests/pf/totalf1.txt
1 = https://www.clevelandfed.org/Research/PolicyDis/No7Nov04.pdf
1 = Clipboard01.jpg (image)
2 – Congratulations to Emmanuel Saez
3 = http://www.demos.org/inequality/images/charts/uspersonalsaving_thumb.gif
3 = http://www.bea.gov/national/nipaweb...able=58&Freq=Qtr&FirstYear=2008&LastYear=2010
4 = http://www.prudentbear.com/index.php/household-sector-debt-of-gdp
4 = http://www.federalreserve.gov/releases/z1/current/
5/6 = http://www.businessinsider.com/15-c...lity-in-america-2010-4?slop=1#slideshow-start

Overview = http://www.ourfuture.org/blog-entry/2010062415/reagan-revolution-home-roost-charts

 

[HereWeGoAgain]

He increased CGs you ignoranus.
Which made me stop spending money.
If you dont think those who make money off of CGs didnt do the same you're a fucken idiot.

Seriously? That just crushed you?

No ya fucken idiot!!! It made me stop cashing in my stocks and spending the money!!!!
Good God you have zero idea what drives the economy!!!

No I know quite a lot about the economy. And you make the mistake of thinking investment saves everything. Well lets pretend you own a restaurant. You need lots of customers who can afford to go out to eat. Sure you have lots of investment and a really great restaurant, but what does that do for you with no customers? We need a strong middle class. That is what really drives an economy.

So you think the poor eat out?

A STRONG MIDDLE CLASS. Ay caramba.

So taxing companies helps the middle class?
You dumbass,you've seen the results of your ignorant ideas.
Companies stop hiring when their future is uncertain.

 

[Brain357]

I'm an independent...

Thus far you're only blaming one side.

Independent my ass

Really? In what way am I blaming one side? I'm simply pointing out the effects of the Bush tax cut. His party really doesn't matter to me. I have agreed we should kick out the illegals. What side is that?

You pointed out your OPINION of the impact of the Bush cuts. You left out 9/11 and the drastic impact that had on our economy.
Your position is akin to the moron who's house floated away in a hurricane and he still purchased new carpet for the living room.

What does 9/11 have to do with tax cuts decreasing revenue?

Revenue goes down when people stop making money. Our economy all but froze after 9/11. So much so that our government was all but begging people to go out and spend money to prove the terrorists hadn't won. People were scared. They were saving and as a result businesses THAT HIRE PEOPLE WHO PAY TAXES weren't hiring.
Think BEYOND your stupid talking points

Ok show there was any great increase in unemployment due to 9/11.

 

[francoHFW]

He increased CGs you ignoranus.
Which made me stop spending money.
If you dont think those who make money off of CGs didnt do the same you're a fucken idiot.

Seriously? That just crushed you?

No ya fucken idiot!!! It made me stop cashing in my stocks and spending the money!!!!
Good God you have zero idea what drives the economy!!!

No I know quite a lot about the economy. And you make the mistake of thinking investment saves everything. Well lets pretend you own a restaurant. You need lots of customers who can afford to go out to eat. Sure you have lots of investment and a really great restaurant, but what does that do for you with no customers? We need a strong middle class. That is what really drives an economy.

So you think the poor eat out?

Not at good restaurants, no. They can't afford to obviously.

They eat at McD's and get obese and sick. lol. No groceries in the ghetto either.

 

[HereWeGoAgain]

Old no Brain and his circular logic.

I'm actually enjoying our conversation. Why go to the name calling? It's rather childish.

How about this.....your circular logic is getting tiresome.