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Originally posted by Xtrozero
Originally posted by RealSpoke
Poor people have some of the most labor intensive jobs there are
You know I agree with you..... to a point....
When I was 18 I told my dad that I bust my ass and I'm making nothing for all my hard work. He asked me a simple question, "what do you think your job should pay?" I said about what I earn. You see it was a job that I got with zero skills needed and they taught me some simple skills to do it. All I brought with me was some consistency in showing up to work on time and doing my work as best I could, but still one needs to ask what is the job really worth?
After that I spent my life improving my education and more importantly my skills to make me more valuable to the work force. It paid off after 30 plus years of working and I'm in the top 5% of earnings. The problem is WE do have a lot of people who just do not have a single ounce of ambition in their bones and spend their who life working crappy jobs that they work way harder than the jobs are worth. We also have people, like my sister, who don't work at all and spend their life living week to week.
I find both of these situations as a living hell but there are 10 MILLIONS of Americans that just do it with no care to improve their lives in anyway. Obama comes along and creates class warfare out of thin air and has so many calling the super rich evil when the true fact is their lives and ours might as well be on a different planets, and their wealth has about as much influence in our lives as what we do has in theirs, but it is so much easier to blame some rich person for our failings than to look in the mirror and see who is really at fault as to the whether we are successful or not.
Obama wants people to think the government will take care of them, the Government will give away things for free....nothing is free, but people don't care they just want a life where they live on subsidies provided by the Government and Obama is willing to offer anything they want to hear. In the end they will be poorer after 8 years of Obama because he cannot deliver his pipe dreams, but then he just wants the vote.
Look at Clinton 8 years...the rich have NEVER gotten more richer than any other time in American history, and the middle class and poor got worst. I personally was worst off in 1999 than in 1991 and so was 99% of America, but it seems no one cares to see that and just keep living their Obama pipe dream that they will get something for nothing...
Originally posted by beezzer
Originally posted by grey580
reply to post by beezzer
That is not another side to this story.
That's a loophole that needs to be closed.
My tax money, nor anyone's, should not be going to illegal aliens with no social security number.edit on 30-7-2012 by grey580 because: (no reason given)
That' what Hatch is doing.
Closing the loophole.
The 22.9 million figure? How much of that is going to people who cheat the system?
Originally posted by Evil_Santa
reply to post by neo96
Yes they do create jobs. They spend money in the private sector which creates jobs. Jobs are created by having a distribution of wealth among the people - regardless where that wealth is generate from - which allows consumers to purchase goods and grow the economy. Welfare does this, just as much as a chairty organization or a corporation. As long as there is money being passed from one hand, to another, for a produced good, then the economy is moving in the right direction.
The problem with our economy is there is a handful of people at the top that do nothing but utilize their wealth to gain more wealth. This practice of hoarding hurts everyone because that is money which is being kept from the economy. If that money was being spent on goods, that would create jobs - it's pretty simple - and taxes are part of the cycle that keeps this system moving so that our economy doesn't freeze to a halt.
By taking away these social services from the millions of people that have them, you're essentially removing those millions of people from the economy, and all of the goods they purchase. What do you think is going to happen then? Will the top 1% of people pick-up the slack on purchasing those goods for the "good of the economy" or would they add a few more zero's onto their bank account with it, and watch as the market of goods contracts?
If you can't see this reasoning, then you don't understand abstract thinking and how the world works. People with nothing, can purchase nothing, and therefor by giving people something they help create jobs. People with everything don't need to purchase anything new, and therefor don't help to create jobs.
Originally posted by neo96
And to reitterate 50% of this country does not pay any tax whatsoever
Originally posted by Xtrozero
The Democrats want to raise taxes on the upper percent by letting the Bush tax cuts expire on them, but keep the Bush tax cuts on everyone else.
The Republicans want the tax cuts to stay on EVERYONE and if the two sides do not come to an agreement then EVERYONE loses the tax cuts....
G.O.P. Senators Face Risks Over Proposal on Tax Cuts
By JONATHAN WEISMAN
Published: July 23, 2012
WASHINGTON — Senate Republicans will press this week to extend tax cuts for affluent families scheduled to expire Jan. 1, but the same Republican tax plan would allow a series of tax cuts for the working poor and the middle class to end next year.
Republicans say the tax breaks for lower-income families — passed with little notice in the extensive 2009 economic stimulus law — were always supposed to be temporary.
Taxpayers who rank in the top 50 percent of taxpayers by income pay virtually all individual income taxes.
In all years since 1990, taxpayers in this group have paid over 94 percent of all individual income taxes.
In 2000, 2001, and 2002, this group paid over 96 percent of the total.
Treasury Department analysts credit President Bush's tax cuts with shifting a larger share of the individual income taxes paid to higher income taxpayers.
In 2005, says the Treasury, when most of the tax cut provisions are fully in effect (e.g., lower tax rates, the $1,000 child credit, marriage penalty relief), the projected tax share for lower-income taxpayers will fall, while the tax share for higher-income taxpayers will rise.
The share of taxes paid by the bottom 50 percent of taxpayers will fall from 4.1 percent to 3.6 percent
The share of taxes paid by the top 1 percent of taxpayers will rise from 32.3 percent to 33.7 percent.
The average tax rate for the bottom 50 percent of taxpayers falls by 27 percent as compared to a 13 percent decline for taxpayers in the top 1 percent.
The White House has announced it will lobby Congress to pass legislation making most of President Bush's tax cutting measures permanent.
Source: U.S. Treasury, Office of Tax Analysis
Taxpayers who rank in the top 50 percent of taxpayers by income pay virtually all individual income taxes.
Originally posted by spinalremain
Reply to post by grey580
yes!
Middle class are the biggest consumers in terms of %, and yet they don't get labeled 'job creators'. That's the thing.
People are suckers for clever wording. When people hear 'job creators' they begin to believe that Reganomics just might be super awesome, when in fact it's the problem.
Supply Siders are the ones responsible for class warfare. If supply siders get their way, there will be no middle class. Only an elite class, and a poor working class. Elite class gets all the benefits while the poor working class gets dumped on. Then the elite class will complain about medicare and other programs in order to make the poor seem like leeches in the eyes of other poor people! Its already happening.
Posted Via ATS Mobile: m.abovetopsecret.com
Senate Minority Leader Mitch McConnell has agreed to allow up-or-down votes on a pair of proposals to extend the 2001 and 2003 Bush tax rates in a bid to force vulnerable Senate Democrats to go on record supporting President Barack Obama’s plan to extend the rates for all but the top bracket.
Lieberman said. “Just imposing across-the-board tax increases for individuals and small businesses that make over $250,000 a year is neither tax reform nor the balanced deficit-reduction agreement our country needs right now.”
If the Democrats were serious, they’d proceed to a House-originated revenue bill as the Constitution requires,” McConnell said.
Originally posted by grey580
You just got me thinking.
The real job creaters are the middle class.
Why?
The more disposable income they have. The more they buy.
The more they buy. The more businesses have to increase their manpower to deal with the influx of customer.
The middle class are the real job creators in this country.
The more money you put in their hands. The richer the rich will be.
Originally posted by Indigo5
Share of National Income
Originally posted by buster2010
The GOP has succeeded in killing off the middle class now they just want slaves for the wealthy.
Originally posted by neo96
The current adminstration with Obama care levies over 20 new taxes on the "middle class" from FDR to Johnson to Obama poverty in America is more than it has ever been.
Look at Clinton 8 years...the rich have NEVER gotten more richer than any other time in American history, and the middle class and poor got worst
The problem is WE do have a lot of people who just do not have a single ounce of ambition in their bones and spend their who life working crappy jobs that they work way harder than the jobs are worth.
On January 4, 1995, the new Chairman of the House Banking Committee, Representative James A. Leach (R-IA), introduced a bill to repeal Glass-Steagall Sections 20 and 32.[287] After being confirmed as Treasury Secretary Robert Rubin announced on February 28, 1995, that the Clinton Administration supported such Glass-Steagall repeal.[288] Repeating themes from the 1980s, Leach stated Glass-Steagall was “out of synch with reality”[289] and Rubin argued “it is now time for the laws to reflect changes in the world’s financial system