your tax figures are all wrong. go to taxfoundation.org and look up the history of our tax rates. this is a conservative sight so you don't have to worry about slight of hand. I have listed the rates below for both 2011 (which has remained unchanged since 2008) and 1994. you will see that your figures are enormously skewed. I used married filing jointly for these figures for both years. 2011 1-17,000 = 10% 17,000 - 69,000 = 15% 69,000 - 139,350 = 25% 139,350 - 212,300 = 28% 212,300 -379,150 = 33% over 379,150 = 35% 1994 0-57,533 = 15% 57,533 - 139,064 = 28% 139,064 - 211,965 = 31% 211,965 - 378,508 = 36% over 378,508 = 39.6% this will obviously be an over simplified version without including standard deductions,etc. but you get the picture..... income of 50,000 2011 will pay 6650 1994 will pay 7500, a difference of 850
that's an excellent job cutting and pasting but it failed to mention that Clinton and the Republican congress implemented a big tax hike in 1993. you stated that a balanced budget was attainable by cutting spending alone and I challenged you on it. yes, spending was cut, taxes were cut in some areas but they were part of a larger package that raised revenues too. YOU CANNOT BALANCE THE BUDGET WITHOUT RAISING MORE REVENUE.
okay hero, then name a state that accomplished a balanced budget by slashing spending alone and never taking in more revenues. go ahead and name one. it is mathematically impossible.
Have you lost? B/c you seem mad. Read the middle of what I wrote.... Here, I will re post for you b/c you can't read.. "While Clinton RAISED taxes his first term and grew the economy, we saw better results after the tax cuts." They did balance the budget with cutting taxes and spending. Its is all right there. You really need to learn to read man... "It has been proven that you can do all that without raising taxes. " Post 116 Where did I say cutting alone? You proposed this alone figure, in which I responded that you could, and you can. Simple economics can you there.
whoops on my part. I used the year 2000 rates for single and compared agaisn 2012 joint rates. But even correcting the average married family with 50,000 in taxable income will have their taxes double by reverting to the Clinton tax rules. 6,650 - 2000 in child tax credits or 4650 to 8,354 under 2000's tax rules. My taxes would increase by 386%.
