The solution??? Cut Taxes. That's it! The one size fits all Republican solution to all problems. No matter what the problem... Cut TAXES!
Oh yea... Ron's Compassionate side... I saw that in the debate when he suggested that the guy with a serious disease and no health insurance... how did Ron put it? Just go die!
Box, you're all over the map here, not to mention flat out making stuff up. Let's not forget what you posted as gospel.
John McCain feels protesters' pain “Down in Arizona today, Maricopa County has the highest number of homes underwater of any place in this country”. “And it’s disgraceful that we took care of the financial institutions, and we did nothing about the housing crisis. So I understand their frustration.”
Let's look at John McCain's top campaign contributors for his 2008 Preisdential bid.
Quoted Text
Merrill Lynch $375,895 JPMorgan Chase & Co $343,505 Citigroup Inc $338,202 Morgan Stanley $271,902 Goldman Sachs $240,295 US Government $202,929 AT&T Inc $201,938 Wachovia Corp $199,663 UBS AG $187,493 Credit Suisse Group $184,153 PricewaterhouseCoopers $169,400 US Army $169,020 Bank of America $167,826 Gibson, Dunn & Crutcher $160,346 Blank Rome LLP $155,226 Greenberg Traurig LLP $147,437 US Dept of Defense $146,356 FedEx Corp $131,974 Lehman Brothers $126,557 Ernst & Young $114,506
How many of those top 5 contributors did ole Johnny vote yes to bailout? ALL OF THEM. So when John McCain comes out with this "it's disgraceful" BS, I'm sorry...But I ain't buyin it. Gee Box, didn't you post a quote from the Citi CEO?
It looks like the Banks and the politicians that are in bed with the banks have hired a PR Firm to win back the publics trust. And it looks like Box is taking it hook, line, and sinker.
Box, you're all over the map here, not to mention flat out making stuff up. Let's not forget what you posted as gospel.
Let's look at John McCain's top campaign contributors for his 2008 Preisdential bid.
How many of those top 5 contributors did ole Johnny vote yes to bailout? ALL OF THEM. So when John McCain comes out with this "it's disgraceful" BS, I'm sorry...But I ain't buyin it. Gee Box, didn't you post a quote from the Citi CEO?
It looks like the Banks and the politicians that are in bed with the banks have hired a PR Firm to win back the publics trust. And it looks like Box is taking it hook, line, and sinker.
What I posted was "gospel" McCain's words.
I don't defend McCain or his Republican "values". I usually don't vote for Republicans and don't support their cause... And I certainly won't vote for the Republican presidential nominee, no matter who he is... Unlike most of this board.
McCain's Republican values are typical of Republicans. What makes his words notable is his departure from the norm.
The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. John Kenneth Galbraith
I usually don't vote for Republicans and don't support their cause... And I certainly won't vote for the Republican presidential nominee, no matter who he is... Unlike most of this board.
McCain's Republican values are typical of Republicans. What makes his words notable is his departure from the norm.
You are probably a much more prinicpled person and would never vote for anybody who has been greased by the 'fat cats' on wall street. You wouldn't be caught dead supporting a person that would take millions from Wall St. then vote YES to bail them rich sons-a-bitches out when they are about to fail. I picture you supporting a principled leader like say,,,Barack Obama, a true champion of the people, not a man that could be bought by special interests on wall st
Let's take a look at Barack's 2008 contributors.
Quoted Text
University of California $1,648,685 Goldman Sachs $1,013,091 Harvard University $878,164 Microsoft Corp $852,167 Google Inc $814,540 JPMorgan Chase & Co $808,799 Citigroup Inc $736,771 Time Warner $624,618 Sidley Austin LLP $600,298 Stanford University $595,716 National Amusements Inc $563,798 WilmerHale LLP $550,668 Columbia University $547,852 Skadden, Arps et al $543,539 UBS AG $532,674 IBM Corp $532,372 General Electric $529,855 US Government $513,308 Morgan Stanley $512,232 Latham & Watkins $503,295
Don't ya just love Irate Self Important Hysterical Conservatives when they get on a rant!
BTW, THE BANK BAILOUT WAS A GEORGE WORST BUSH PROGRAM ENACTED IN 2008. Remember???
The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. John Kenneth Galbraith
HOLY sh*t!!!! HE COLLECT DOUBLE THE CORPORATE MONEY THAN MCCAIN!!!
No wonder GE go some special attention after the election Did he sell out or was he already bought and sold I wonder.
"In the beginning of a change, the Patriot is a scarce man, brave, hated and scorned. When his cause succeeds, however, the timid join him, for then it costs nothing to be a Patriot."
In regards to all of those big $$$ donated to Obama's campaign - I quote one of my favorite lines from an old Henry Fonda- Cliff Robertson movie about presidential politics - "When he gives a speech he may convince people that he is a liberal ... but at heart he is a real American."
George Amedore & Christian Klueg for NYS Senate 2016 Pete Vroman for State Assembly 2016[/size][/color]
"For this is what America is all about. It is the uncrossed desert and the unclimbed ridge. It is the star that is not reached and the harvest that is sleeping in the unplowed ground." Lyndon Baines Johnson
Don't ya just love Irate Self Important Hysterical Conservatives when they get on a rant!
BTW, THE BANK BAILOUT WAS A GEORGE WORST BUSH PROGRAM ENACTED IN 2008. Remember???
Is Bush the President? How did Ron Paul vote on the bailout??? Paul is actually running for President, you can keep on trying to turn back time, but it won't happen(unless GE invented a time machine and that is why BO is traveling the world with Immelt)
BTW, refresh my memory, how did the "Peoples President" Barack Obama vote on TARP while Senator?
Obama Voted FOR George Worst Bush's Bank Bailout Plan.
The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. John Kenneth Galbraith
Obama Voted FOR George Worst Bush's Bank Bailout Plan.
Hmmmmm....Interesting......I would possibly agree with you if the executive branch was authorized to spend money. But in the United States, spending can only come out of Congress. The TARP plan was written by Congress and passed by Congress. Bush signed into law the Congressional bill.
I'm sure Obama the Constitutional Law Professor can help you brush up on Constitutional Law. Well, then again, maybe not, since he's apt to leave out Due Process.
How much in corporation taxes did Obama's GE pay last year on profits of $14 BILLION Boxy? Try ZERO. No wonder he came up to Schenectady on a cold day in hell. If you want to disperse the Wall Street flea baggers chuck them a bar of soap. They will go running home to mama.
How much in corporation taxes did Obama's GE pay last year on profits of $14 BILLION Boxy? Try ZERO. No wonder he came up to Schenectady on a cold day in hell. If you want to disperse the Wall Street flea baggers chuck them a bar of soap. They will go running home to mama.
GE paid no taxes but that's not surprising...MOST US CORPORATIONS PAY NO INCOME TAX.... and haven't for decades.
The Government Accountability Office said 72 percent of all foreign corporations and about 57 percent of U.S. companies doing business in the United States paid no federal income taxes for at least one year between 1998 and 2005.
The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. John Kenneth Galbraith
the leaders knew exactly what they were doing when instituting and KEEPING income taxes going.....this drivel conversation and division for NOTHING......CLASS WARFARE AND RED HERRINGS....and we allow it....PATHETIC
we dont need a compassionate government---IT'S AN F'EN MACHINE
NO income tax tax what you buy(they use fees and surcharges all over the F'EN place and we nob) NO public worker guarantees
SIMPLE MATH FOLKS SIMPLE MATH
...you are a product of your environment, your environment is a product of your priorities, your priorities are a product of you......
The replacement of morality and conscience with law produces a deadly paradox.
STOP BEING GOOD DEMOCRATS---STOP BEING GOOD REPUBLICANS--START BEING GOOD AMERICANS
The nation had few taxes in its early history. From 1791 to 1802, the United States government was supported by internal taxes on distilled spirits, carriages, refined sugar, tobacco and snuff, property sold at auction, corporate bonds, and slaves. The high cost of the War of 1812 brought about the nation's first sales taxes on gold, silverware, jewelry, and watches. In 1817, however, Congress did away with all internal taxes, relying on tariffs on imported goods to provide sufficient funds for running the government.
In 1862, in order to support the Civil War effort, Congress enacted the nation's first income tax law. It was a forerunner of our modern income tax in that it was based on the principles of graduated, or progressive, taxation and of withholding income at the source. During the Civil War, a person earning from $600 to $10,000 per year paid tax at the rate of 3%. Those with incomes of more than $10,000 paid taxes at a higher rate. Additional sales and excise taxes were added, and an “inheritance” tax also made its debut. In 1866, internal revenue collections reached their highest point in the nation's 90-year history—more than $310 million, an amount not reached again until 1911.
The Act of 1862 established the office of Commissioner of Internal Revenue. The Commissioner was given the power to assess, levy, and collect taxes, and the right to enforce the tax laws through seizure of property and income and through prosecution. The powers and authority remain very much the same today.
In 1868, Congress again focused its taxation efforts on tobacco and distilled spirits and eliminated the income tax in 1872. It had a short-lived revival in 1894 and 1895. In the latter year, the U.S. Supreme Court decided that the income tax was unconstitutional because it was not apportioned among the states in conformity with the Constitution.
In 1913, the 16th Amendment to the Constitution made the income tax a permanent fixture in the U.S. tax system. The amendment gave Congress legal authority to tax income and resulted in a revenue law that taxed incomes of both individuals and corporations. In fiscal year 1918, annual internal revenue collections for the first time passed the billion-dollar mark, rising to $5.4 billion by 1920. With the advent of World War II, employment increased, as did tax collections—to $7.3 billion. The withholding tax on wages was introduced in 1943 and was instrumental in increasing the number of taxpayers to 60 million and tax collections to $43 billion by 1945.
In 1981, Congress enacted the largest tax cut in U.S. history, approximately $750 billion over six years. The tax reduction, however, was partially offset by two tax acts, in 1982 and 1984, that attempted to raise approximately $265 billion.
On Oct. 22, 1986, President Reagan signed into law the Tax Reform Act of 1986, one of the most far-reaching reforms of the United States tax system since the adoption of the income tax. The top tax rate on individual income was lowered from 50% to 28%, the lowest it had been since 1916. Tax preferences were eliminated to make up most of the revenue. In an attempt to remain revenue neutral, the act called for a $120 billion increase in business taxation and a corresponding decrease in individual taxation over a five-year period.
Following what seemed to be a yearly tradition of new tax acts that began in 1986, the Revenue Reconciliation Act of 1990 was signed into law on Nov. 5, 1990. As with the '87, '88, and '89 acts, the 1990 act, while providing a number of substantive provisions, was small in comparison with the 1986 act. The emphasis of the 1990 act was increased taxes on the wealthy.
On Aug. 10, 1993, President Clinton signed the Revenue Reconciliation Act of 1993 into law. The act's purpose was to reduce by approximately $496 billion the federal deficit that would otherwise accumulate in fiscal years 1994 through 1998. In 1997, Clinton signed another tax act. The act, which cut taxes by $152 billion, included a cut in capital-gains tax for individuals, a $500 per child tax credit, and tax incentives for education.
President George W. Bush signed a series of tax cuts into law. The largest was the Economic Growth and Tax Relief Reconciliation Act of 2001. It was estimated to save taxpayers $1.3 trillion over ten years, making it the third largest tax cut since World War II. The Bush tax cut created a new lowest rate, 10% for the first several thousand dollars earned. It also established a slow schedule of incremental tax cuts that would eventually double the child tax credit from $500 to $1,000, adjust brackets so that middle-income couples owed the same tax as comparable singles, cut the top four tax rates (28% to 25%; 31% to 28%; 36% to 33%; and 39.6% to 35%).
The Jobs and Growth Tax Relief and Reconciliation Act of 2003 accelerated the tax rate cuts that had been enacted in 2001, and temporarily reduced the tax rate on capital gains and dividends to 15%. In 2004, the U.S. was forced to eliminate a corporate tax provision that had been ruled illegal by the World Trade Organization. Along with that tax hike, Congress passed a cornucopia of tax breaks, which for individuals included an option to deduct the payment of whichever state taxes were higher, sales or income taxes.
Two tax bills signed in 2005 and 2006 extended through 2010 the favorable rates on capital gains and dividends that had been enacted in 2003, raised the exemption levels for the Alternative Minimum Tax, and enacted new tax incentives designed to persuade individuals to save more for retirement.