why does government get 35% of my investment? after 40% pay and 10% sales? tax?

Discussion in 'Budget & Taxes' started by taxrentonly, Feb 16, 2014.

  1. Shanty

    Shanty New Member

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    They were far right, and nothing at all like progressives. Since the rise of the TeaBaggeds movement, the GOP has merely become fringe.

    Seeing the approaches and results are very different, I think you've blinded yourself to reality.

    2 years in the last 20.

    Slowed economic growth. caused higher deficits and debt. Kept people out of work. Saw poverty rise. And much more.

    The stimulus passed during the short time the Democrats were in power, and it was both necessary, and did a decent job for the small size it was, in relation to how much was needed. It kept far larger deficits from happening, as it helped to restore economic growth sooner, rather than later. Had it been larger, growth would have returned even sooner, and paid for itself.

    What?

    No unions were bailed out. Bank bailouts were signed by Bush's TARP.

    What?

    The debt ceiling was always a dumb idea. People who want debt ceilings don't understand what economic growth is, or how inflation effects it.

    I don't think I'm the one coming in blind to reality. You seem to want to misuse terms like 'progressive' and apply it to regressive conservatives.
     
  2. Karma Mechanic

    Karma Mechanic Well-Known Member

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  3. Battle3

    Battle3 Well-Known Member

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    Wow you really don't know what goes on in DC. The highway bills are loaded with pork for both R & D. The UAW was bailed out in the GM bailout, everyone knows that, in fact it was one of obama's objectives. Solyndra etc are nothing more than cronyism by obama and the progs, the "stimulus" was little more than pork and payback and was biased heavily towards prog districts.

    As to "approaches and results", the approaches and appearances are different, the results are largely the same. For all the bickering, it seems the money keeps flowing to all the usual porkers. As much as the R's in DC whine about obama their actions are to do nothing to rein him in. Its all a big show.

    You should read more actual data and not so much prog talking points.
     
  4. Shanty

    Shanty New Member

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    Actually, I pay very close attention to DC as a sort of job requirement.

    Define "pork" because what you call "pork" may be beneficial to the overall economy in the US.

    That's a lie, and everyone knows that the UAW never received a single dollar from the government. I've debunked that lie many times over the past 5 years. I'm not calling you a liar. I'm saying you're repeating an oft debunked assertion made by people who lie for a living.

    Solyndra was unfortunate, and I opposed it. It still doesn't support your premise. And stimulus worked pretty well, for the small size it was.
    http://www.washingtonpost.com/blogs...esnt-work-here-are-the-studies-they-left-out/

    You really don't know what goes on down in DC. The results are quite different. The conservatives with their Neoclassical and sometimes Austrian School approach to the economy saw the largest recession since the Great Depression happen. Deregulation killed the housing markets, and stock markets, in one fell swoop. Deficits rose because of those conservative policies. And Democrats have a record of being able to balance budgets, when the GOP increases them, generally.

    it's not like you brought data to support your assertions.
     
  5. Battle3

    Battle3 Well-Known Member

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    BS. Pull your head out.

    The UAW received much more than it was legally or morally entitles to in the GM bailout. Taxpayer funds went into the union GM pension fund. Unsecured Voluntary Employee Beneficiary Association obligations to the union were illegally placed ahead of secured investor bonds, secured investors were things like peoples 401k retirement plans, and they received 29 cents on the dollar. The UAW VEBA alone received $14.5 billion from the taxpayer that it did not deserve.
     
  6. Shanty

    Shanty New Member

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    That pension fund was a) mismanaged by GM execs for decades; b) had it been left to fall apart, we'd all be paying for those retirees several times over for decades to come.

    But not a single dime was made available to the UAW. Nor should there have been. The bailout was to save the US economy, not the UAW.
     
  7. Steady Pie

    Steady Pie Well-Known Member Past Donor

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    Both points spot on. I think the left and right can come together on stuff like this. Both sides protest the bailouts, for instance.

    Not the party leaderships obviously, but the people themselves in society.

    [Hr][/hr]

    The status quo is quite heavily involuntary, no matter which side you're on.
     
  8. Battle3

    Battle3 Well-Known Member

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    Total propaganda and BS.

    http://www.autonews.com/article/201...elphi-uaw-pensions-over-salaried-rattner-says
     
  9. Shanty

    Shanty New Member

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  10. Battle3

    Battle3 Well-Known Member

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    LOL, you didn't even read it
     
  11. jdog

    jdog Banned

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    They get what they do because they have the guns, and are not afraid to use them. The USA was founded to be a free country, but today it is a dictatorship with the government as King, and the people as its subjects. The government owns you, and therefore everything you earn, so you should be thankful they allow you to keep a little. The truth is, you are not a free person, you are a slave.
     
  12. OldManOnFire

    OldManOnFire Well-Known Member

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    Well...you've chosen to live in the most expensive country in the world! Whether it is actual cost of living or government spending...check out this URL; https://en.wikipedia.org/wiki/List_of_government_budgets_by_country

    You'll see there are many other nations who will require less taxation from you but there are some trade-offs living in those areas...
     
  13. TLEvans90

    TLEvans90 Newly Registered

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    That is absurd. I live in PA. We passed a law a few months ago requiring people to get jobs in order to get food stamps. We all thought this would decrease our taxes but now they are raising our taxes! Anything they can do to get more money:steamed:
     
  14. raytri

    raytri Well-Known Member

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    Might have something to do with the fact that food stamps make up a tiny, tiny part of your taxes. So even if you saved money there, costs elsewhere would easily outweigh it.
     

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