<p>I’m sick of funding death and destruction in Iraq.</p>
<p>Apparently, I don’t have a choice in the matter, as a legal taxpaying citizen.</p>
<p>"I’m sick of funding death and destruction in Iraq.</p>
<p>Apparently, I don’t have a choice in the matter, as a legal taxpaying citizen."</p>
<p>Understood and respected, and your opinion should matter very much.</p>
<p>zoosermom …I don’t really know what the cut off point is these days it has been several years since I was involved at that detail.</p>
<p>My gut right now is, I would not cut any taxes rates. I would wait to see more about where the economic is going. If the economy slows then I would cut the rate for those in the consuming class. </p>
<p>There is a lot of talk about the AMT, none of the talk is that the AMT is going away, the plan seems to be to have it reflect the effects of inflation. As you know it was created in an effort to keep people in high income brackets from being able to shelter all of there taxes. Testimony given when the AMT was being written show the year before there were over 400 people who had an income of $10 million or more who paid no income tax. </p>
<p>Remember over 90% of the Bush tax cuts went to 1.2% of the taxpayers.</p>
<p>“zoosermom …I don’t really know what the cut off point is these days it has been several years since I was involved at that detail.”</p>
<p>I asked for your opinion on what it should be.</p>
<p>“Remember over 90% of the Bush tax cuts went to 1.2% of the taxpayers.”</p>
<p>And it’s been mighty good for the economy.</p>
<p>I gave my opinion…I said…My gut right now is, I would not cut any taxes rates. I would wait to see more about where the economic is going. If the economy slows then I would cut the rate for those in the consuming class </p>
<p>I said …“Remember over 90% of the Bush tax cuts went to 1.2% of the taxpayers.”</p>
<p>You then said….And it’s been mighty good for the economy.</p>
<p>What you said is not true…it has created a very bad long term problem…a very bad problem…this of course is my opinion but it is also the opinion of almost all independent economists</p>
<p>" gave my opinion…I said…My gut right now is, I would not cut any taxes rates. I would wait to see more about where the economic is going. If the economy slows then I would cut the rate for those in the consuming class "</p>
<p>That wasn’t the question. The question was what would be the dividing line, not whether you would raise taxes, but what you would perceive as the dividing line in income in the event you ever did raise taxes.</p>
<p>Agree to disagree on the economy. Most of what I’ve read has been very positive.</p>
<p>Perhaps my statement “then I would cut the rate for those in the consuming class” didn’t register with you. Please read it one more time and if you still don’t understand I try my best to make is so that you can.</p>
<p>I don’t think the economy is in that good of shape, and that the policies of Bush have made the mid and long term conditions much worse that they had to be.</p>
<p>““then I would cut the rate for those in the consuming class” didn’t register with you. Please read it one more time and if you still don’t understand I try my best to make is so that you can.”</p>
<p>That was unnecessarily nasty. I specifically asked about income amount, not “class.” What is the dollar figure related to being a member of the “consuming class.” I can assure you that my 15-year old is president of the consuming class but has zero income, so they’re not always connected.</p>
<p>I think the economy is growing, the stock market is vital and the deficit is shrinking. Perfect? Nope, but good. We can certainly disagree without snarking.</p>
<p>zoosermom …as I said in post 403 …I dont really know what the cut off point is these days it has been several years since I was involved at that detail.</p>
<p>I dont know the income level that it would make since to raise or lower taxes .I really dont . you ask for my opinion I dont have enough information to have an opinion of the cut off point </p>
<p>I did say that if the economy slow I would cut taxes for the consuming class I dont know what the cut off point is for that group I have not been involved in the details of federal tax policy for several years now .</p>
<p>I really dont want to just make a WAG it is not the way I do things .</p>
<p>Zoos - how about we start with reversing the regressive tax curve? The top 1% of taxpayers starts at about $350,000 (the percentile bracket as a whole averages over a million dollars a year per taxpayer) and as of 2004 took home over 76% of that (up from 67% in 1986.) The lower tax bite comes on an income which has grown by 70% adjusted for inflation. </p>
<p>The average family at the 75th percentile earns about $64,000 and takes home about $45,000 - figures which are essentially unchanged from 1986 when adjusted for inflation. </p>
<p>So where would you start? By sticking it to our kid’s generation to make up the slack for the tax cuts which have facilitated the growing gap between rich and poor? That’s the only plan I’ve seen come from the republicans (although concealed beneath enough spin and BS to make you want to gag.) Or by returning the tax rates to where they were before “voodoo economics” got sold to a gullible public?</p>
<p>"By sticking it to our kid’s generation to make up the slack for the tax cuts which have facilitated the growing gap between rich and poor? "
So nice to see you Kluge. Take care everyone. See you on another thread.</p>
<p>GOP SOP: </p>
<ol>
<li> Never, ever take responsibility for the consequences of your policies.</li>
<li> Never admit that the consequences of your policies even exist.</li>
<li> When the consequences of those policies are pointed out, attack the messenger.</li>
</ol>
<p>"Yepsen: Clinton’s fine showing should help her in Iowa
By DAVID YEPSEN
REGISTER POLITICAL COLUMNIST</p>
<p>June 29, 2007</p>
<p>Score one for Hillary Clinton.</p>
<p>The New York senator turned in the single most impressive performance during a debate among the Democratic presidential candidates Thursday night in Washington, D.C.</p>
<p>Clinton was crisp, cogent and methodical in her answers. She understood better than any of the other candidates the need for terse answers when so many candidates are given so little time in which to answer questions."</p>
<p>David Gergen commented last night that her performance at this was actually rather lackluster, and that he thought Edwards was the best speaker. I guess it depends on who is doing the viewing. :)</p>