Yeah that sucks for a guy like you. I pay an effective rate of about 1.5 to 3 percent on my near six figure income. Child tax credits, dependent care credits, wife in nursing school education deductions, pre-tax retirement plans, charitable contributions, home business deductions. At the end of the day I'm just a few thousand north of being eligible for the earned income credit. If that ain't proof the system is broken...
I'm pretty much in the same boat but this year I get punished for starting a business in the form of self employment (payroll) taxes.
Pay your taxes and shut up. How much income is enough? The less fortunate need your help. Damn, you conservatives are annoying.
Because you keep echoing the same old song. Bush this bush that. I quoted an article by an individual with years of experience in policy making that says something you don't agree with. Then some anonymous internet character comes along and says its not true and I'm supposed to back off my stance? We could spend days going round and round with charts and graphs contradicting each other but whats the point. I'm going to stick with the author, thanks.
Dude the paragraph you quoted was about Bush!!! How do I address it without referring to Bush! This is absurd. A politician with an agenda, amigo. I offered evidence that it was not true. That's different than disagreeing. The point is to arrive at the truth. You are entitled to your own opinion, but not your own facts. Well, you are gullible, my friend. The author counts on people like you.
There you go being obtuse again I don't think he holds a political office, don't think he ever has other than policy. Appointed NOT elected. Shane wins Nice try, you offered your own set of numbers saying something different because you don't want it to be true. You are a number bender. We are on to your game amigo Yes I know, Yes I know that as well, They are not my facts they are Peter Ferrara's but they are in fact, facts, even if you don't like them. Did someone say global warming? And you call me gullible:thumb:
Faced with the bruising headwinds of high unemployment, weak manufacturing and an otherwise listless economy, Goldman Sachs has slashed its forecast for gross domestic product. CNBC.com The firm cut its second-quarter GDP outlook to 2 percent from 3 percent, a stunning blow for an economy expected to be well on the path to recovery following the financial crisis of 2008 and 2009. From a policy standpoint, Goldman said it does not expect the subpar growth to change the Federal Reserve's plans to end quantitative easing later this month. However, Goldman economist Sven Jari Stehn acknowledged that "the deterioration in economic activity, on its own, would call for fresh monetary easing." News Headlines this presidents idealogue is strangling the life out of the private sector. this after spending trillions in the name of jumpstarting the economy. 1 of 5 eligible working people are out of work. the housing market is worse than even during the depression. blame is irrelevant at this point. its time for those in charge to take responsibility for whats happening. And start reversing their course before theres a total collapse. more government is never the answer for a struggling economy. theres been a net of almost 0 private sector jobs created. its time to fix this ****. unfortunately I don't see it happening.
There have been quite a few, actually, Job growth has been positive . Not enough, of course, but far from zero. How? Raining tax cuts was not a solution and raining stimulus projects is not a solution. Government has done about all it can do. Business and investors are going to have to start taking some risks and spend the cash hoards to get the private sector moving. Taxpayers can't keep assuming all of the risks by bailing out big banks, big finance, and big corporations from failure.
