Dane Allen wrote on 04/15/13 at 15:02:50:



Aaaaah we are on to the next lie are we ... No problem I will find details on that and post the site and their conclusion - and not just hypothesize.

This is the site - http://www.cbpp.org/cms/?fa=view&id=3505 - That is center for budget and policy and politics - not some funky site.

These figures cover only the federal income tax and ignore the substantial amounts of other federal taxes — especially the payroll tax — that many of these households pay.  As a result, these figures greatly overstate the share of households that do not pay federal taxes.  Tax Policy Center data show that only about 17 percent of households did not pay any federal income tax or payroll tax in 2009, despite the high unemployment and temporary tax cuts that marked that year.[5]  In 2007, a more typical year, the figure was 14 percent.  This percentage would be even lower if it reflected other federal taxes that households pay, including excise taxes on gasoline and other items.

14% pay no taxes at all ... and how many of these 14% are in that 15% listed above, not to mention the 4% and 6% ... and remember you can be in more than 1 as most of these people will be. So its not a straight addition - not 14%+15%+4+6 ...

There is a lot of numbers and observations in that article. You have to read it. It also covers a percentage of high income earners who paid no taxes at all cos they tax havened themselves in the bahamas or cayman islands.

Cool.
Srinath.

5% is actually very good, vacations, people on maternity/paternity, people moving from city to city for work etc etc theoretically dropping below 5% is almost impossible.

Cool.
Srinath.

Easy - Unemployment stats -

http://visualeconomics.creditloan.com/a-decade-of-unemployment/

So apparently it can be under 5%. It was 4% in 2000. 4.7% for 01 (a bad year actually, lots of lay off's I heard on the news, including me), 5.8 for 02, and this was all tech bubble going pop - AKA clinton's era.

Then, 6% for 03, 5.5% for 04, 5.1 for 05 (and this was the housing bubble getting pumped and wars being started) 4.6 for 06 and 07, 5.8 for 08 - sharp rise while bush still in office with housing bubble popping, and 9.3 in 09. Deep recession on, bail out's not withstanding.

However the theory is that it would have been 25% if not for the bailout. I dont buy that BS. It may have been 25% for a month or 2 before adjusting the right way without us getting deep in debt. Of course I also thought interest rates were going to rise in 08 and the euro was going to just go from strength to strength.

Anyway I'd lay down the housing bubble @ bush's door, the wars too. Unemployment and expenses due to vacant/un-sold houses on banks books and people returning from the war - Bush's responsibility.

Clinton didn't pump the tech bubble, in fact clinton started the "house flipping" economy in 98 by changing it to 3 years for capital gains.

Obama may have his own trail of tears - as yet to be seen, if immigration reform goes haywire and it will, yes, he should have stopped it, If Obama care goes pear shaped and no its not done it yet, but it may, that too should be dropped on to Obama's book. Many more to come. Lost of nuts has been tossed up, lots of fans are running. It remains to be seen. Detroit seems to have missed the sheite with the fan. Its now better than japan.

Cool.
Srinath.

Qbama wants to take your guns and kill off all but 10% of the white people.The 10% left will be slaves,ride in the back of the bus.The young white boys will be dragged behind trucks till they die,The young 12 and 13  year old white girls will be well taken care of by their masters.

justin_o_guy2 wrote on 04/16/13 at 09:32:33:


Why doesn't the government give up it's guns too? Why do police need high capacity magazines when the public, their employers, aren't allowed to have them?

So, youre saying Feinstein Did NOT say she would have outlawed All guns if she could have gotten enough votes? Are you saying it isnt a Goal of many in government to take the guns?

He knows I can drag up a video of her..