Another Day another Lie.......

[ProPokerPlayer]

"No family will pay higher tax rates than they would have paid in the 1990s." Barack imahugefuckingliar Obama

House Democrats scrambling for ways to pay for overhauling health care would raise taxes on the wealthiest Americans to levels not seen since the 1980s, breaking one of President Barack Obama's campaign pledges.
The tax increase would be limited to the top 1.2 percent of earners — families that make more than $350,000 a year. But it would raise a total of $544 billion over the next decade, covering a little more than half the cost of the health care plan.
The bill unveiled by House Democratic leaders Tuesday would create three new tax brackets for high earners, with a top rate of 45 percent for families making more than $1 million. That would be the highest income tax rate since 1986, when the top rate was 50 percent.

 

[barman]

Good gosh! It sounds as if the current Congress might return to income tax rates not known since the Ronald Reagan era!

 

[ProPokerPlayer]

That would b the tax rates that Reagan cut with the biggest tax cut in history...The Tax cut that STIMULATED the economy and got us out of the Carter Depression....Mortgage rates went as high as 22% under those tax rates and unemployment i think was around 12%....Both very achievable goals for the Liar in the WH....

 

[punter]

I think you need to consult a history book.

Interest rates went nuts under carter as the fed fought to kill inflation. The unemployment rates were under Reagan.

It really makes no difference the whole thing was a result of the inflationary period following the Vietnam war. Neither man deserves as much blame nor as much credit as was issued.

 

[barman]

I'm familiar with the income tax rates of the Reagan era because I started paying income tax in 1975.

It would seem our nation somehow survived over a decade of Reagan-sized income tax rates (50%), so I'm less than flapped if top income tax rates in 2010 climb to 40%.

 

[ProPokerPlayer]

Its late but do some fact checking,,,your both wrong

 

[barman]

Of course, I'm having trouble getting distracted by changes in income tax rates being as I'm spending most of my time looking over my shoulder - watching for Them to come into my community and start killing all my freedom-loving friends and family.

 

[roadreeler57]

Whatever us little pions pay is immaterial....The top 20% on the income bracket pays 86% of the taxes..... The bottom 50% of wage earners pay no income tax at all.

 

[Willie99]

history lesson

increase taxes, slow the economy

decrease taxes, stimulate the economy

time & time & time & time & time again. At the federal level and at the state level.

from our founding fathers to Lincoln to JFK to RR to Bubba, everyone of them made those arguments.

even our current Retard in Chief has said so, which is why he promised to cut taxes for most Americans.

uh oh, did he ever use the word "promise"

hno:

 

[Willie99]

Whatever us little pions pay is immaterial....The top 20% on the income bracket pays 86% of the taxes..... The bottom 50% of wage earners pay no income tax at all.

stop letting silly little facts get in the way

 

[FalseDmitri]

Democrats: Increase taxes, print more money and spend spend spend on domestic failures

Republicans: Decrease taxes, print more money, and spend spend spend on foreign projects. They even refused to considered war funding are part of the budget, instead the trillions spent on war were "emergency funding")

Both parties suck and are determined to kill the dollar.

 

[festeringZit]

Democrats: Increase taxes, print more money and spend spend spend on domestic failures

Republicans: Decrease taxes, print more money, and spend spend spend on foreign projects. They even refused to considered war funding are part of the budget, instead the trillions spent on war were "emergency funding")

Both parties suck and are determined to kill the dollar.

There is some truth that both parties are fiscally irresponsible, but the
Democratic Party is far worse.

 

[ElTaino]

There is some truth that both parties are fiscally irresponsible, but the
Democratic Party is far worse.

Some truth?

 

[ProPokerPlayer]

 

[meltdown]

Remember this lie.

http://www.youtube.com/watch?v=Q8erePM8V5U

Unless you smoke, drink, or buy anything taxable in MN (sales tax just went up July 1). That didn't take long.

 

[bodyforlife]

Hmmm...

In response to your original comment regarding the President telling a lie...

YOU ARE CORRECT!!

 

[alteredegos]

That would b the tax rates that Reagan cut with the biggest tax cut in history...The Tax cut that STIMULATED the economy and got us out of the Carter Depression....Mortgage rates went as high as 22% under those tax rates and unemployment i think was around 12%....Both very achievable goals for the Liar in the WH....

let me guess, you're a staunch republican................:lol:

 

[guitarjosh]

I think you need to consult a history book.

Interest rates went nuts under carter as the fed fought to kill inflation. The unemployment rates were under Reagan.

It really makes no difference the whole thing was a result of the inflationary period following the Vietnam war. Neither man deserves as much blame nor as much credit as was issued.

I think you are the one who needs to consult a history book. Reagan inherited unemployment at around 7.5%, & double digit inflation. Volker raised interest rates to 20% in 1981, Reagan's first year, to cut inflation, which it did.

 

[punter]

http://www.miseryindex.us/URbymonth.asp

1982 unemployment 10.8% (your boy Reagan)

1992 unemployment 7.8% (your boy George the 1st)

Why do you presist in trying to post inaccurate information ?

 

[guitarjosh]

http://www.miseryindex.us/URbymonth.asp

1982 unemployment 10.8% (your boy Reagan)

1992 unemployment 7.8% (your boy George the 1st)

Why do you presist in trying to post inaccurate information ?

I posted nothing inaccurate. Reagan did inherit (rising) unemployment at around 7.5%, he did inherit double digit inflation. Volcker became the Fed chief in 79, and began raising interest rates to cut inflation. Interest rates peaked at around 20% in 1981. Everything I said was true. You're right about 10% + unemployment, but it wasn't Reagan that started the bad economy, it was Carter.

BTW, Reagan and Bush weren't my boys