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Box A Rox |
September 18, 2012, 5:54am |
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| The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. John Kenneth Galbraith
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Shadow |
September 18, 2012, 6:02am |
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Michael Greenstone
Director, The Hamilton Project, and Senior Fellow, Economic Studies
Economic Studies, The Hamilton Project
Michael Greenstone is the 3M Professor of Environmental Economics in the Department of Economics at the Massachusetts Institute of Technology. From 2009-10 he served as the chief economist at the White House’s Council of Economic Advisers. His research is focused on estimating the costs and benefits of environmental quality and the consequences of government regulation. More Posts from Michael >|View Expert Page >
Adam Looney
Policy Director, The Hamilton Project, and Senior Fellow, Economic Studies
Economic Studies, The Hamilton Project
Adam Looney is a senior fellow in Economic Studies and policy director of The Hamilton Project. His research focuses on tax policy, labor economics, inequality and social policy. Previously, Looney was the senior economist for public finance and tax policy with the President’s Council of Economic Advisers and has been an economist at the Federal Reserve Board.
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Libertarian4life |
September 18, 2012, 6:34am |
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Corporations pay the least taxes |
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Shadow |
September 18, 2012, 6:37am |
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Then change the tax code, something the Dems don't want to do, and force the corporations to pay their fair share. |
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Box A Rox |
September 18, 2012, 6:44am |
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It's those Govt hatin, Right Wing, Militia lovin, Gun totin CONSERVATIVE REPUBLICANS who don't pay taxes! |
| The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. John Kenneth Galbraith
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55tbird |
September 18, 2012, 8:15am |
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Who pays taxes in the USA? What percent pays no taxes at all???
Excluding the young, many in college, and the retired, (both groups should pay less or no taxes)... the rest of America, the vast majority of America... NEAR 80% PAY TAXES.The Brookings Institute. http://www.brookings.edu/blogs/jobs/posts/2012/04/06-jobs-greenstone-looney
Taking into consideration the increasing number of people living longer and thus collecting SS longer, AND the reduced number of people in the workforce, this Graph brings home the fact that we can NO longer fund the entitlement programs at the level we do. No politician has the courage to say it. |
| "Arguing with liberals is like playing chess with a pigeon; no matter how good I am at chess, the pigeon is just going to knock out the pieces, crap on the board, and strut around like it is victorious." - Author Unknown |
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CICERO |
September 18, 2012, 8:18am |
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Nobody pays taxes; we all pay for these government programs through inflation. Inflation steals your money a nickel at a time, gradually clearing out your savings and returning it to the 1%
You don't accumulate $16 tillion in debt and run a $1 trllion annual deficit by paying your bills on time. |
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Libertarian4life |
September 18, 2012, 10:01am |
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Nobody pays taxes; we all pay for these government programs through inflation. Inflation steals your money a nickel at a time, gradually clearing out your savings and returning it to the 1%
You don't accumulate $16 tillion in debt and run a $1 trllion annual deficit by paying your bills on time.
This is the result of trickle down theory being morfed into trickle offshore economics. How does a country spend 16 trillion and have nothing to show for it? It was all sent to offshore accounts. Nothing trickled down in the US except the increased flow of poverty. |
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Rusty Shackleford |
September 18, 2012, 10:03am |
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It was all sent to offshore accounts.
Assuming you're speaking of the CURRENT administration, you're right, China. |
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Libertarian4life |
September 18, 2012, 10:05am |
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Quoted from 1975
Assuming you're speaking of the CURRENT administration, you're right, China.
Well Obama sent 6 trillion on his watch. The other 10 trillion came from Bush lite. |
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Rusty Shackleford |
September 18, 2012, 10:08am |
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Well Obama sent 6 trillion on his watch.
The other 10 trillion came from Bush lite.
No, the other 6 billion came from the 40+ previous administrations, interest included. Obama has added 60% to the last 200 years of debt. But that's ok - you go ahead and vote for Ron Paul or Obama ... you won't be around (neither will I) when our kids and grandkids need to repay that debt. |
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CICERO |
September 18, 2012, 10:26am |
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Quoted from 1975
But that's ok - you go ahead and vote for Ron Paul or Obama ... you won't be around (neither will I) when our kids and grandkids need to repay that debt.
Are you suggesting Romney has a secret formula that will prevent my kids from paying the massive entitlement and war debt? I'd like to hear more about it. |
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Libertarian4life |
September 18, 2012, 10:33am |
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Quoted from 1975
No, the other 6 billion came from the 40+ previous administrations, interest included. Obama has added 60% to the last 200 years of debt.
But that's ok - you go ahead and vote for Ron Paul or Obama ... you won't be around (neither will I) when our kids and grandkids need to repay that debt.
Raegan started the debt with massive tax cuts for the rich. Obama's deficit never went over 2 trillion in any year. It's been like 1.7, 1.6, 1.7 and still less than 2 trillion projected for 2012. You must think he should have just let the inherited, pending, bankrupt nation occur. Avoiding bankruptcy costs money. Tax cuts for the rich caused the national debt. It started with Ronald Raegan. So, no it wasn't 41 previous administrations. It was Raegan, Bush and Bush. Clinton did not add to the debt. He reduced it. The debt before the Raegan tax cuts was almost immeasurably small. All the money has been siphoned up, instead of trickled down. |
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Rusty Shackleford |
September 18, 2012, 10:50am |
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L4L - you've been drinking too much kool-aid. I'm not suggesting you switch to tea, but wake up and smell the roses. You're more intelligent than that. |
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Shadow |
September 18, 2012, 11:25am |
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How much has our dollar dropped in value since Obama and Ben started up the old printing presses?? That's a form of debt as well as our credit rating being lowered. |
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