Nostra
Diamond Member
- Oct 7, 2019
- 65,872
- 56,713
Clinton balanced nothing. Newt did.And yet dems have a much better record. Clinton balanced the budget and bush ruined it. Obama fixed the bush mess and had deficits decreasing and then trump drastically increased them. It's clear your head is up your ass.And clearly repubs have lowered the bar enough that they will still vote for him. Man he has lowered the bar. Giant deficits are good. Ok to cheat on your third with with a porn star. Ruling by executive order is good. Lots and lots of golf is good....he doesn't have to.It's no wonder that Trump won't share his taxes....So tell me then... how come the bottom 50% of Americans paid just 3% while the top 50 paid 97%?The billionaires got their tax cuts and that’s all that really matters.
You realize that the TAX code has built in loopholes for the super rich people to exploit to save millions in taxes?
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Summary of the Latest Federal Income Tax Data, 2020 Update
The top 1 percent of taxpayers pay a 26.8 percent average individual income tax rate, which is more than six times higher than taxpayers in the bottom 50 percent (4.0 percent).taxfoundation.org
But of course FACTS mean nothing to dummies that constantly make money off the government!
- In 2017, 143.3 million taxpayers reported earning $10.9 trillion in adjusted gross income and paid $1.6 trillion in individual income taxes.
- The share of reported income earned by the top 1 percent of taxpayers rose to 21 percent, from 19.7 percent in 2016. Their share of federal individual income taxes rose to 38.5 percent, from to 37.3 percent in 2016.
- In 2017, the top 50 percent of all taxpayers paid 97 percent of all individual income taxes, while the bottom 50 percent paid the remaining 3 percent.
- The top 1 percent paid a greater share of individual income taxes (38.5 percent) than the bottom 90 percent combined (29.9 percent).
For example:
The "poor" in 2010..
a) 8 million at least have FREE cell phones.. 1890 NOT EVEN A Millionaire had a cell phone!
b) 40 million getting FREE FOOD ... 1890 millionaires still had to pay!
c) Millions in poverty have TVs,Cars, internet.. things that DIDN"T exist in 1890!
I have known for a long time about this disparity, but I never said the Rich are not paying taxes, they are using the swiss cheese tax code to reduce their tax payment.
Some of the rich can just pass part of their tax liability into us through their businesses, which are NOT figured in your report!
There is absolutely no Constitutional requirement for any president to make his personal records public
For Christ's sake
Democrats only care about deficits and debt when republicans are in office and vice versa
Get your head out of your ass
Clinton vetoed the budget TWICE, and only signed it when there was a veto proof majority, Dummy.
Learn some history.