The richest have a 16% effective tax rate- Clinton to go for the Buffett rule- 30%. TY Dems

francoHFW

Diamond Member
Sep 5, 2011
79,271
9,399
Clinton Says January Tax Proposals Will 'Go Beyond' Buffett Rule

Another unknown fact with the tidal wave of GOP BS propaganda from the nutjob big money right, and nothing from the cowardly corporate media...our media is bought off and pathetic.

Everyone is now paying 20-30% in all taxes and fees, killing the nonrich and demand for product, and leaving too little to re-invest in America. Shortsighted, idiotic, misinformed Reaganism marches on. see sig.
 
16%?
holy crap they pay an unfair amount of the debt.
Hate to say it but I think the rest of us should consider chipping in a bit to carry our own weight.
You know what would really be good? Everyone pay the exact same percentage. That way, when the libs decide they want a new social program, they will have to pay additional tax to fund it.
 
16%?
holy crap they pay an unfair amount of the debt.
Hate to say it but I think the rest of us should consider chipping in a bit to carry our own weight.
You know what would really be good? Everyone pay the exact same percentage. That way, when the libs decide they want a new social program, they will have to pay additional tax to fund it.
The hell they do, dingbat hater dupe. Even while they basically get all the new wealth .
 
charity.png
 
Thanks for the bs Pub spam, brainwashed functional MORON> Change the channel, dupe.

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 = U.S. Bureau of Economic Analysis (BEA)
4 = Federated Prudent Bear Fund (A): Overview
4 = FRB: Z.1 Release--Financial Accounts of the United States--December 10, 2015
5/6 = 15 Mind-Blowing Facts About Wealth And Inequality In America

Overview = http://www.ourfuture.org/blog-entry/2010062415/reagan-revolution-home-roost-charts
 
Clinton Says January Tax Proposals Will 'Go Beyond' Buffett Rule

Another unknown fact with the tidal wave of GOP BS propaganda from the nutjob big money right, and nothing from the cowardly corporate media...our media is bought off and pathetic.

Everyone is now paying 20-30% in all taxes and fees, killing the nonrich and demand for product, and leaving too little to re-invest in America. Shortsighted, idiotic, misinformed Reaganism marches on. see sig.
We'll file that under CLINTON FOUNDATION, which has laundered hundreds of millions for the Clintons.
 
Clinton Says January Tax Proposals Will 'Go Beyond' Buffett Rule

Another unknown fact with the tidal wave of GOP BS propaganda from the nutjob big money right, and nothing from the cowardly corporate media...our media is bought off and pathetic.

Everyone is now paying 20-30% in all taxes and fees, killing the nonrich and demand for product, and leaving too little to re-invest in America. Shortsighted, idiotic, misinformed Reaganism marches on. see sig.

Yet the Clintons and all far left millionaires and Billionaires will be exempt from the tax rules!
 
Clinton Says January Tax Proposals Will 'Go Beyond' Buffett Rule

Another unknown fact with the tidal wave of GOP BS propaganda from the nutjob big money right, and nothing from the cowardly corporate media...our media is bought off and pathetic.

Everyone is now paying 20-30% in all taxes and fees, killing the nonrich and demand for product, and leaving too little to re-invest in America. Shortsighted, idiotic, misinformed Reaganism marches on. see sig.

Yet the Clintons and all far left millionaires and Billionaires will be exempt from the tax rules!
So when do you lose touch with reality? They're smart enough to know they're losing in the long run with a ruined middle class and not enough investment in America...
 
Clinton Says January Tax Proposals Will 'Go Beyond' Buffett Rule

Another unknown fact with the tidal wave of GOP BS propaganda from the nutjob big money right, and nothing from the cowardly corporate media...our media is bought off and pathetic.

Everyone is now paying 20-30% in all taxes and fees, killing the nonrich and demand for product, and leaving too little to re-invest in America. Shortsighted, idiotic, misinformed Reaganism marches on. see sig.

Yet the Clintons and all far left millionaires and Billionaires will be exempt from the tax rules!
So when do you lose touch with reality? They're smart enough to know they're losing in the long run with a ruined middle class and not enough investment in America...

Silly irony impaired far left drones and their comments!

In socialism, there is no such thing as the middle class.
 
Yup, thanks for the corrupt W. Booosh Wold Depression. Nobody wants to hire boomers...and nobody wants crap Reaganist $8/hour jobs...brilliant.
Most Americans don't like the direction America is heading.
So in one respect Obama is a Uniter.
It's the REAGANIST direction duh. Reagan btw would have seen this. He wasn't as dumb and ideological as the New BS GOP.
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 = U.S. Bureau of Economic Analysis (BEA)
4 = Federated Prudent Bear Fund (A): Overview
4 = FRB: Z.1 Release--Financial Accounts of the United States--December 10, 2015
5/6 = 15 Mind-Blowing Facts About Wealth And Inequality In America

Overview = http://www.ourfuture.org/blog-entry/2010062415/reagan-revolution-home-roost-charts
 
Clinton Says January Tax Proposals Will 'Go Beyond' Buffett Rule

Another unknown fact with the tidal wave of GOP BS propaganda from the nutjob big money right, and nothing from the cowardly corporate media...our media is bought off and pathetic.

Everyone is now paying 20-30% in all taxes and fees, killing the nonrich and demand for product, and leaving too little to re-invest in America. Shortsighted, idiotic, misinformed Reaganism marches on. see sig.

Yet the Clintons and all far left millionaires and Billionaires will be exempt from the tax rules!
So when do you lose touch with reality? They're smart enough to know they're losing in the long run with a ruined middle class and not enough investment in America...

Silly irony impaired far left drones and their comments!

In socialism, there is no such thing as the middle class.
Look at the rest of the modern world: All socialist, with HUGE middle classes. We have socialism too, just an unfair, pander to the rich, GOP socialism, hater dupe. Defended to the death by bought off Pubs and silly dupes like you. see sig.
 
Yup, thanks for the corrupt W. Booosh Wold Depression. Nobody wants to hire boomers...and nobody wants crap Reaganist $8/hour jobs...brilliant.
Most Americans don't like the direction America is heading.
So in one respect Obama is a Uniter.
It's the REAGANIST direction duh. Reagan btw would have seen this. He wasn't as dumb and ideological as the New BS GOP.
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 = U.S. Bureau of Economic Analysis (BEA)
4 = Federated Prudent Bear Fund (A): Overview
4 = FRB: Z.1 Release--Financial Accounts of the United States--December 10, 2015
5/6 = 15 Mind-Blowing Facts About Wealth And Inequality In America

Overview = http://www.ourfuture.org/blog-entry/2010062415/reagan-revolution-home-roost-charts
So Obamanomics is based upon Reaganomics?
 
One thing about Hillary. Every day is a new day of keeping her on defense. Obama dumps another batch of emails proving she lied through her teeth. She attack Donald Trump for being sexist and he shuts her totally down and sends her into hiding when he destroys her with Bill's rapes and attempted rapes. Now she's going after the military already wanting to cut them. She's going to be easy for any Republican to beat.
 
Yup, thanks for the corrupt W. Booosh Wold Depression. Nobody wants to hire boomers...and nobody wants crap Reaganist $8/hour jobs...brilliant.
Most Americans don't like the direction America is heading.
So in one respect Obama is a Uniter.
It's the REAGANIST direction duh. Reagan btw would have seen this. He wasn't as dumb and ideological as the New BS GOP.
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 = U.S. Bureau of Economic Analysis (BEA)
4 = Federated Prudent Bear Fund (A): Overview
4 = FRB: Z.1 Release--Financial Accounts of the United States--December 10, 2015
5/6 = 15 Mind-Blowing Facts About Wealth And Inequality In America

Overview = http://www.ourfuture.org/blog-entry/2010062415/reagan-revolution-home-roost-charts
So Obamanomics is based upon Reaganomics?
Jeebus you're a gd fool...Pubs have blocked all Obama has tried to do to reform this Reaganist policy system duh...
 
Yup, thanks for the corrupt W. Booosh Wold Depression. Nobody wants to hire boomers...and nobody wants crap Reaganist $8/hour jobs...brilliant.
Most Americans don't like the direction America is heading.
So in one respect Obama is a Uniter.
It's the REAGANIST direction duh. Reagan btw would have seen this. He wasn't as dumb and ideological as the New BS GOP.
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 = U.S. Bureau of Economic Analysis (BEA)
4 = Federated Prudent Bear Fund (A): Overview
4 = FRB: Z.1 Release--Financial Accounts of the United States--December 10, 2015
5/6 = 15 Mind-Blowing Facts About Wealth And Inequality In America

Overview = http://www.ourfuture.org/blog-entry/2010062415/reagan-revolution-home-roost-charts
So Obamanomics is based upon Reaganomics?
Jeebus you're a gd fool...Pubs have blocked all Obama has tried to do to reform this Reaganist policy system duh...
Oh, so the economy you Democrats cheer about is due to the Republicans in Congress.
Got it.
 

Forum List

Back
Top