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ORIGINAL: Silence8

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ORIGINAL: variation30

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ORIGINAL: Brain

I really don't care if a president bows in order to be courteous and respectful but I would like a president and a political party that has the courage to increase taxes on the wealthy in order to balance the budget.

am I getting trolled?

why not this: don't spend more money than you have (i.e. cut spending).

generic-response'd!

blah-blah-blah, where-were-you-when-bush-was-spending-to-high-heaven, blah-blah-blah-blah-blah.

blah.

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Maryland and New York are currently seeing the result of having increased taxes on the wealthy within the past couple years...tax revenue from the wealthy has DECREASED due to more and more wealthy having moved to other States.

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ORIGINAL: slvemike4u

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ORIGINAL: variation30

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ORIGINAL: slvemike4u

If they don't SPEND our money....what other use does OUR money have ?

well I could SPEND more of MY money on things I want.

But it isn't your money....if it is tax revenue and you have paid it....it stops being yours....That's sort of how it works....sheeesh,you would think people would know this stuff.
By the way I saw in another thread that you are Canadian....so why are you railing against the American tax structure?

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ORIGINAL: servantforuse
The IRS could take every penny from the top 10% of wage earners in this country and it wouldn't make a dent in this deficit. When you take every penny from the rich, then where do you go ??

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ORIGINAL: slvemike4u

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ORIGINAL: tj444

There was an article recently that said nearly half of all Americans wont pay any Federal tax.... hmmmmm
Doesnt that mean that almost half dont contribute to what they consume (federally)? And according to the article the "wealthy" already pay about 73% of all the Federal income tax collected now, today.
"The result is a tax system that exempts almost half the country from paying for programs that benefit everyone, including national defense, public safety, infrastructure and education. It is a system in which the top 10 percent of earners -- households making an average of $366,400 in 2006 -- paid about 73 percent of the income taxes collected by the federal government."
http://finance.yahoo.com/news/Nearly-half-of-US-households-apf-1105567323.html?x=0&.v=1

How many times does this tired old canard need to be shot down....no one that works(on the books) in America pays no taxes despite what your silly little article put forth....
I could shoot it down quite simply for you....but I grow weary of this shit.Do some research look up all of the different payroll taxes withheld...such as social security...unemployment etc etc....and than come back and explain how ,what was it,nearly half of Americans won't pay any Federal Tax....

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ORIGINAL: RacerJim
I will shoot down your crap quite simply for you...just because working people have various taxes withheld from their paycheck in no way, shape, or form does that mean they don't get all those taxes back as refund and, therefore, effectively pay no taxes.

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ORIGINAL: RacerJim
I would like a POTUS and Congress with the courage to cut spending on their pet social programs to balance the budget rather than simply increase taxes on the wealthy, the latter of which history proves has never worked. Maryland and New York are currently seeing the result of having increased taxes on the wealthy within the past couple years...tax revenue from the wealthy has DECREASED due to more and more wealthy having moved to other States.

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ORIGINAL: slvemike4u

Don't confuse RacerJim with facts...he is barely able to watch the cars go round and round the oval without getting dizzy

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But I do know that I am getting much more money back on my federal return than I paid in, SS tax included. Something about an education credit?

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ORIGINAL: Musicmystery

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But I do know that I am getting much more money back on my federal return than I paid in, SS tax included. Something about an education credit?

The education credit explains this, not a refund of SS.

You will, of course, presumably, collect on your SS investment later on. And the rest of us will benefit, presumably, from our investment in your education.