Tea Party, Obama has CUT your TAXES! What were you yelling about?

Peter, facts are for Socialists.

And lies, fear and stupidity are for everyone else.

Maybe that's the problem, they make way too much money, sure doesn't bother them, when it goes to the Republican party.

Peter, you know all those teabaggers are making $200,000 or more a year. What I don't understand is why they aren't complaining about Exxon paying ZERO in US taxes, though they made more money than any other company.

How much did the greenie company GE pay?

EM. Their hatred for the President makes them work against their own best self interests. I was pleasantly surprised with my 2009 Federal and State tax return.

THE LARGEST ON IN THE LAST 8 YEARS!!!!!!

Charles, GE didn't pay anything either...and I don't know how "green" they are.

The tax codes are complicated for a reason - so those who have can hire accountants and lawyers to hide their wealth and find the loopholes designed by our elected representatives.

When it comes to tax breaks, why should corporations get them all?

They're all just really worried that some CEO or celebrity won't be able to afford a new solid gold 100-person Jacuzzi.

I think it's more likely that you all are afraid they'll be able to afford one.

And as my teenage daughter likes to say "That's Not Fair".

It's not fair to have the economy totally tank, and the workers getting hurt the very worst, because it don't trickle down.

Paul,


Now that is not only over reaching, but Kool-aid thinking!

Charles, why would I be AFRAID if someone can buy a giant gold Jacuzzi? Ain't like they're going to invite me over to use it.

The exaggeration of "giant gold Jacuzzi" points to the reality that the rich have gotten very much richer and the rest (most everybody else) have had to do with a lot less.

My grandfather had a house and car and went to his union job in an aluminum mill as his wife stayed home and got to raise the kids. That America is over. We were sold out - tricked into voting for the interests of international corporations and the wealthy.

Some part of it is trickery, the other part is that all we can do is "vote the bums out" in which case a whole new crop of bums comes in. Too much greed, too much corruption and in a two-party system not much we can do about it. I mean what's the point of ousting a bunch of Democrats who cave in to corporate interests just to vote in a bunch of Republicans who cave in even more? It's pointless.

The Tea Party is mostly just a partisan temper tantrum to distract themselves from how crabby they are that Republicans caused an epic disaster - and so they really make no sense.

They do not want to make sense, just noise!

Peter, I like your characterization a lot.

Wow I am paying more in taxes this year than ever before. I am not seeing the tax cut at all.

Yeah, the fed cuts taxes so the states have to raise taxes to make up for what they are not getting in federal dollars. The money has to come from somewhere. My real estate taxes went up 30% in one year from 2008 to 2009. That's a helluva increase.

Who do you blame for that? I blame the people who bought houses and couldn't afford them so now the rest of us have to pay the taxes on the foreclosed homes. For once I am not blaming government, how about that?! I might need to sit down...

Who led those people to think they could afford those homes that they really could not afford?

And, no, I did not say or imply the government when I asked that question.

The Feds are giving the States a lot more, these days, but the States are getting less from sales tax and other local sources because their economies have frozen up.

MN has had a huge increase in property taxes over the last 10 years because the Governor cut taxes for the wealthy at the State level (hoping it will trickle down). It hasn't trickled down yet.

The housing bubble became a climate of, "BUY A HOUSE OR YOU'RE LEFT OUT" - and sadly people can be tricked by banks, who allowed ridiculous deals because they were able to pass the debt on, for a time.

The poor got screwed super bad on this housing collapse, and people in lending jobs walked away with millions, having made so much in fees along way.

or, to have the daggone mortgage price keep "adjusting" that is some kind of sick game they played on some people. "here you can pay so much this year, next year it may go up, and then all of the sudden people who live in $60,000.00 homes are paying $1000's of dollars a month. That is not right.
I also think that instead of helping the flipping BANKS out, they should have given the money to the people...billlions of dollars for banks to raise their rates, not allow loans unless you have exemplary credit, etc....oh, I have seen so many people lose their homes and so many elderly people who cant pay there freaking property taxes it sickens me!
We didnt go above our means either, but it seems like we are getting screwed by the property taxes too. shoot, I dont live in a 2000.00 a month home!

Everyone was forced into this tax jump across the nation. These parasites have no idea how to make it without screwing the working people. How much longer this can go on is beyond me, until we are all homeless, then what. I'm sure they will think of something.

Rita, the banks are already doing it. My friend, Debbie, got a letter from Chase bank to refinance at a lower interest rate. Her credit rating is over 800. So what's the catch? How about $1400 in closing fees. I refinanced with chase over 5 years ago. Closing fees? $00.00. I suggested she take them up on the deal, minus the closing costs and cite my example. If they refuse, she should thank them for the suggestion and tell them she's going to look around for a better deal. I think she might do that.

A capitalistic Republic gone a-rye!

caveat emptor

"Let the buyer beware", indeed!

Peter, there are those who desperately need to be pisst about something and there are scum that gladly feed that need

Frankly I don't understand the Republican party or the baggers. I see how education and other necessary items get slashed by the state of Georgia to pay to "Go Fish" programs that cost over 20 million dollars and for sports museums that are not necessary is this economy. This is how the "conservatives" run my state.

Now because so many are afraid to send in their census due to all the fear mongering cities and states will not get much needed federal money.

That really gets my goat, people afraid to send in their census, we screw ourselves by refusing to send in the census, getting less federal money, and they can't see this is in their best interest.

If people take the time to add up all of the taxes imposed upon their income over the course of a year, it would amaze them. This includes sales taxes on all products and services. When compared to income over the same period, some will have given up over 50% of their annual earnings. 

For the poor and middle class, that would be quite true.

They're a special, all-American brand of hate and spitefulness.

I think some people just like to b----

I hate bit&&&& but, really I worked in a tax place this year, and people are getting refunds, but wait a minute, look at how much taxes are taken, it is a big trick

They are talking about building two new bridges here that is going to cost BILLIONS of dollars, when people cant afford to eat, where is the daggone logic?????

Bridge building creates jobs in the local economy, and improvements to the local infrastructure usually help out everybody a lot, in the end.

But, we ALREADY HAVE two bridges...what do we need four for? Along with the tolls they are going to use along with raising the taxes again....big sigh~ we dont NEED four bridges to go to the same daggone place...dont get me wrong, we need the jobs, but not two more bridges

sorry, I hate political posts, I am outta here!

Just really wanted to say hey Peter!!!!

Hey!

You may hate politics and political posts, but when you get "outta here", you leave your destiny to those of us who debate the issues on a regular basis.

If you agree with my philosophy and agenda then move on and do your thing. If not, you can't complain when things don't go your way.

Every voice, opinion, and vote counts.

My taxes went down 14% since 2008. That's not a coincidence either. Taxing someone making 31,000 a year at a higher rate than someone making 250,000 a year is just stupid from a fiscal point of view. We've already come to realize taxing wealthier people less is ineffective and that policy is dwindling finally. There is still much work to be done though.

Flat tax, anyone???

Flat tax is totally regressive.

Our family paid less.

I think you oversimplify the Tea Partiers...

The TP's seem to be against big government in general, not just high taxes. So your big "gotcha!" about their tax bills going down kinda falls flat.

I think you also way oversimplify taxes...

(1) When rich people and corporations pay higher taxes, those costs get passed around the entire economy. If my landlord's taxes go up, he's going to push for more rent from me. If Wal-Mart's taxes go up, they're going to charge more for basic household items. Politicians LOVE to hide taxes. The more hidden they can make them, the better. When rich people and corporations pay higher taxes - we all pay them - it just winds up hidden away in the costs of food, energy, clothes, rent, etc. So what matters is the total tax burden the government is placing on all of us. That has not gone down.

(2) Another way of hiding taxes is to have the government borrow money - or just print more money! This is another trick the federal gov't has pulled to make it look like we're paying less taxes. The federal deficit for 2009 is in the trillions of dollars. The deficit alone for this last year is bigger than the entire federal government was in 1992! The more indebted the federal government gets, though, and the more dollar bills they print - the more we risk inflation. Inflation means that your dollars become worth less than they were worth when you originally earned them; it makes prices go up. It's a backdoor way for the gov't to tax us. We won't know we're being taxed; we'll just think prices are going up. But the prices will be climbing because the gov't kept printing more dollar bills for itself to spend.

So while you might THINK your taxes have gone down, you've been fooled. As long as the gov't keeps getting bigger, you're paying for it somehow. I think maybe those Tea Partiers are smarter and more economically savy than you are.

>I think you oversimplify the Tea Partiers

I've been following them and their way-off slogans since they popped out of the FOX NEWS cannon on day one, just to trash Obama.

>I think maybe those Tea Partiers are smarter and more economically savy than you are.

Nobody can live in a more extreme fantasy cartoon wild west cowboy world, full of talk radio lies, than they.

How fake the tea party is:

http://www.gather.com/viewArticle.action?articleId=281474978175047

living in Mass, one goes down another 7 are raised, not much of a break here and new ones made, soda pop, pizza not to mention meters on every street in my city, cant go in to a store with out having quarters, even store parking lots have meters

IF I have to pay for a parking space to shop somewhere then, in my opinion, that store is desperate for money that they could close very soon.
They won't get my money in the meter or the store.

kool

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Really? What taxes got cut? The Dem rhetoric on tax cuts has been decidedly muted until the Dems noticed the Tea party folks and other opposition haven't gone away.

According to Dem apologists, even if there were any real tax cuts (has anyone's marginal rates gone down? or their social security, medicaid, dividend/interest taxes?) that automatically means huge losses in revenue to the government. With Administration plans to further increase the debt, aren't tax cuts "irresponsible"?

Right. Tax cuts without spending cuts are a reason that the deficits have exploded. Tax cuts for business and taxpayers generally results in revenue increases, we aren't seeing any of that so it's kind of hard to believe that some targeted government tax cuts can equal anything like what is being claimed. It's also fallacious to claim they are the hugest in the nation's history as there has been absolutely no economic reaction that always follows marginal rate/corporate rate cuts.

The reason why no one is noticing the Obama cuts is they are window dressing and few are seeing any sign of a personal cut with Tax Day now come and gone again.

Gee Charles, small business has targeted tax cuts and credits aimed at giving them an incentive to increase payroll. That ought to be enough. I know it isn't, not for someone who projects his own envy on everyone else.

Including the interest costs, the Bush-era tax cuts account for over $700 billion — or nearly 55 percent — of the deficit projected for 2019. 55%. Not just a little bit, FIFTY FIVE PERCENT. That is more than half that "trillion dollars" and that's JUST his tax cuts, not the slowdown of his economy, not the cost of his two wars.

The Washington Times Online Edition

Big government gets bigger

4:10 a.m., Sunday, October 19, 2008

George W. Bush rode into Washington almost eight years ago astride the horse of smaller government. He will leave it this winter having overseen the biggest federal budget expansion since Franklin Delano Roosevelt seven decades ago.

Not since World War II, when the nation mobilized to fight a global war against fascism and recover from the Great Depression, has government spending played as large a role in the economy as it does today.

Yes, lower taxes for 95% of the population, that ain't bad!

aint bad at all.

I would like us to get out of the war business and into the people business.
Raise taxes, pay what needs to be paid in Social Security, education, medicaid and Health Care. In other words, invest in America, not Iraq.