Obama Failure Thread Part IV

I'm sure it involves a hand job, not a hand out

 

Right about....here.

Seriously

Dude.

You're a complete fool.

 

If you have an android phone you can download the Shit Obama Says app. It's freaking hilarious.

(I love Regretsy - April Winchell is one of the funniest people on the planet.)

 

http://www.huffingtonpost.com/2011/06/28/46-percent-of-americans-e_n_886293.html

 

Two interesting paragraphs from the same article:

In most cases, tax filers who don’t pay federal income tax are still on the hook for other taxes. They can still be responsible for payroll taxes, withheld from their paychecks, and for excise taxes on gasoline, tobacco, alcohol, and other goods. And they may have to pay income tax at the state or local level.​

Nine million nonpayers, or 12.8 percent of the total, are in the middle income quintile. Another 1.9 million -- 2.6 percent of the total -- are in the second-highest quintile, and some 443,000, or 0.6 percent of the total, are in the top quintile.​

The Tax Policy Center breaks down that last number a bit further: There are 78,000 non-paying units in the top 95th to 99th income percentile, 24,000 in the top 1 percentile, and 3,000 in the top tenth of a percentile.​

This group has a nickname, too: they're the HINTs, for high income, no taxes.​

 

There still are people that Don't pay federal income tax. Sure, they pay state tax, local tax etc. So do I!

What makes them so special that they don't pay any federal tax. Everyone should have some skin in the game.

http://www.heritage.org/federalbudget/top10-percent-income-earners

I will agree to pay more tax - at the top. If everyone at the bottom has to pay something. Deal?

If President Obama had framed the conversation that everyone was going to pay federal income tax - with high wage earners paying more (and low wage earners paying something).

I would have been good. But no, he has to tell me I am not paying my fair share. Ummm - no thank you.

 

Did you actually read the post you quoted? If so, why are you still so hung up on the people at the bottom?

And do you know why a good chunk of the low income people don't pay any federal income tax? BECAUSE THEY'RE LOW INCOME. And they're still paying all the taxes others have brought up, but in their case, those payroll and sales taxes take up a much larger percentage of their income. Singling out federal income tax is disingenuous, it's total tax burden that should be relevant.

 

http://www.heritage.org/federalbudget/top10-percent-income-earners

CBO Report - if the Bush tax cuts aren't reinstated for everyone, Defense cuts back in the budget. Payroll tax extended.

Unemployment will go to 9.1 percent next year. GDP 1.7 percent.

 

Did you know that to not extend the Bush tax cuts for those making over $250,000 brings in 87 billion dollars.

The deficit is over a trillion dollars. Where is the other money coming from?

 

Unless you're in the top 5 percent of earners, then it's likely that Obama wants you to pay less than what you're paying now. But if you are, I'm so sorry that you're being asked to exploit fewer loopholes than before.

Anyway, from a practical point of view, what do we have to gain by increasing the tax burden on the poor? Do you want less economic activity? Or do you prefer more consumer debt? Neither of those things are particularly appealing to me, but you know, whatever tickles your pickles.

On the other hand, high income earners are more able to shift their income from wages to capital gains, so to be a billionaire and pay a lower effective tax rate is very feasible. I'm not exactly sympathetic to the plight of the 95 percentile.

 

So you're admitting that the Bush tax cuts played a roll in expanding the deficit?

 

Because I pay those taxes too!

They also have a vote.

What will happen is those people will wake up from eating Doritos and realize that it is time to vote for President Obama.

With skin in the game - they will be more likely to pay attention to current events by paying THEIR fare share.

It works both ways.

 

My parents, those lazy 77 year old bastards (well, one bastard and one bitch) don't pay federal income tax.

You need to figure out what YOU think, first, before you come arguing with the rest of us.

 

What expanded the deficit was Congress choosing not to fund both wars and Medicare Part D. Both parties are to blame. Both had chances to fund Medicare Part d andwars and chose not to.

They couldn't even find a trillion dollars worth of cuts over ten years. Really?

 

Yes, but not paying particular tax, as opposed to all the other taxes people of all income levels pay, means they have no SKIN IN THE GAME. SKIN IN THE GAME, Dave! SKIN IN THE GAME!!!!! Which apparently has something to do with eating Doritos!!!!

We must ignore this "overall tax burden" and "effective tax rate" business!!!!!

 

Again, if you want to talk about SHARING the burden. Shouldn't everyone SHARE it?

I have already talked to my parents about it. They would be happy to do it.

 

You are a Talking Point Machine!.

bravo.

 

It is not a talking point machine, but a fact machine. Liberals argue emotion. They don't deal in facts.

 

You know those "Live chat" apps that cable providers have these days? They're called "Linda" or "Dave", but usually, they're bots that make you think you're having an IM chat with a customer service rep, but they're just picking up on whatever keywords you type and spit out whatever stock response that's been programmed based on those keywords, basically, primitive versions of Siri.

That's what you remind me of.

 

President Obama also promised to halve the deficit by the end of his first term. ThE only thing I will say - is he better get going.

 

Is there any research to support the notion that likelihood of voting is correlated with federal income taxes paid?

 

Why because you have no response?

 

Better yet, get the app. Unless you have an iPhone.