HOW DOES GOVERNMENT CREATE JOBS?

[CJ7]

Originally Posted by nevergaveitathought

what point are you addressing? that obama doesnt want to spread the wealth? no i didnt think so

that he cares about the deficit? no i didnt think so

that he doesnt have deficits as far as the eye can see? no i didnt think so

that he isnt a liar? lol no i didnt think so

that jobs are his focus? no i didnt think so


that he doesnt want to raise taxes but will settle for deficit spending if he cant? no i didnt think so

but you did post he has deficits, so yeah i agree

you made the comment ... "
his stealth way to level out the wealth is to have an ever increasing deficit"

its slightly lower now than when he took office ... you never gave the facts a thought did you? ... I didnt think so.

but I give you credit for having memorized the right wing talking points memo chapter and verse

[nevergaveitathought]

Originally Posted by CJ7

you made the comment ... "
his stealth way to level out the wealth is to have an ever increasing deficit"

its slightly lower now than when he took office ... you never gave the facts a thought did you? ... I didnt think so.

but I give you credit for having memorized the right wing talking points memo chapter and verse

wrong again jeeper
i developed the points myself from paying attention

and the deficit thing you talk about is
the old liars figure thing

[bojulay]

Well sure Obama is going to create jobs.

Workers will be needed to keep order in the bread lines.

ha ha ha ha

[CJ7]

Originally Posted by nevergaveitathought

wrong again jeeper
i developed the points myself from paying attention

and the defict thing you talk about is
the old liars figure thing

you develpoed the points?

well in that case ....

[i'va biggen]

Originally Posted by bojulay

Well sure Obama is going to create jobs.

Workers will be needed to keep order in the bread lines.

ha ha ha ha

Have to hire more police to contain the racial slurs riots from the tea sippers.

[theaustinescorts]

Originally Posted by CJ7

In 2003, Congress and the president took two important steps to boost economic growth. First, they lowered the maximum rate on capital gains to 15 percent. Second, they tied capital gains and dividend income together, lowering the rate on dividends from the top income tax rate to 15 percent. These rates expire in 2013


and, if the rates expire, they go back to Clintons rate of 20% .... 8% lower than Reagan years

Imagine that.

Capital gains discounts were a good idea when there was little available capital around and businessmen needed an incentive to invest in risky equities rather than sock their monies away in bank CDs and bonds.

But those days are way, way over.

Today the world is awash in trillions of extra dollars looking for somewhere to be invested.

There is absolutely no need to tax capital gains at rates any less than other forms of income.

There is no shortage of finance capital anymore, if anything there's a terrific glut.

[SEE3772]

Originally Posted by nevergaveitathought

the maximum tax rate under reagan was 35 percent, same as it is this year

opps no it was 28%

I have a few friends who earn seven figures that live in California. After the local election in Cali they now get to keep 48% of their income.
One example... Direct Democracy is theft.

[icuminpeace]

Originally Posted by nevergaveitathought

sorry under reagan he had it down to 28% and it is 35% now

Capital gains tax rate is 15% now. Corporate tax rate is 35%. I would've thought someone like you would know that.

[nevergaveitathought]

Originally Posted by icuminpeace

Capital gains tax rate is 15% now. Corporate tax rate is 35%. I would've thought someone like you would know that.

thanks

i was talking about the max federal rate for individuals

but your mentioning the maximum long term capital gain rate and the maximum corporate rate is informative

[LexusLover]

"HOW DOES GOVERNMENT CREATE JOBS?"

One way:
Pass an extensive health care plan that provides for the hiring of 20,000 additional IRS agents to oversee implementation and enforcement of provisions in regulations yet to be revised and published to assure that ALL persons participate in the plan so that 15 million in the U.S. can have health care coverage without having to pay for it.

Just created 20,000 jobs.

Jobs lost: Not yet computed.

[i'va biggen]

How was mittens going to create jobs?Overturn Obama care and hire lawyers to defend the decision?