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#1
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Of course we are all assuming a Democrat wins. But this quote :
"And a majority now says, in a reversal from a year ago, that their federal income taxes are too high, according to an April Gallup poll." Now, I know Bush has been bad for the deficit, spending, etc. But I'm sure the vast majority of people think that Repubicans are better for tax rates than Democrats. Most of us know that taxes are going up if the Democrats control both houses of Congress and the White House. So that quote gives me hope that the people will choose to keep the powers separated. Here's the article, btw : http://www.csmonitor.com/2007/0416/p01s04-usec.html
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Don't Give Me a Defensive Player Who Can't Tackle . . . What Am I Going to Do With Him ? --- Bill Belichick |
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#2
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Ouch. The welfare state is truly going to destroy this country. The Congressional Budget Office, in a long-range forecast prepared in 2005, outlined a baseline scenario in which entitlement programs push federal spending to 25.3 percent of GDP by mid-century, up from about 18.4 percent today. That number could go higher still if medical inflation doesn't edge downward. Similarly, Shilling predicts that the number of "government beneficiaries," as he defines them, will grow to 60 percent of the US population by 2040 Against this backdrop, many Americans are understandably uneasy about the fiscal path of their politicians.
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#3
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Yeah, it's not a very positive article overall. But with the two bigges, social security and medicare, being very popular it's difficult to see things changing.
__________________
Don't Give Me a Defensive Player Who Can't Tackle . . . What Am I Going to Do With Him ? --- Bill Belichick |
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#4
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What's of note is how ncome taxes may have dropped slightly, fees have risen dramitically. A government associated fee is a tax. If government doesn't slow it's reach, and spending, we're doomed.
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To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts. To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts. "A theory that explains everything, explains nothing" |
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#5
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I expect the Democrats will push for a more progressive income tax, but with cuts for the middle class and increases for the wealthy. I've seen a couple of articles where leading Democrats defined middle class as families earning under $200k. The Republicans have lost a lot of fiscal credibility over the years, and the Democreats, by virtue of not being in power, are probably more trusted on economic issues than they have been in years.
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#6
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__________________
Don't Give Me a Defensive Player Who Can't Tackle . . . What Am I Going to Do With Him ? --- Bill Belichick |
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#7
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#8
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http://www.heritage.org/research/fea...harts_T/t4.cfm The bottom 50% pay 3% of the income tax. The bottom 75% pay 15%. Not much cutting to be done there.
__________________
Don't Give Me a Defensive Player Who Can't Tackle . . . What Am I Going to Do With Him ? --- Bill Belichick |
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#9
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For example. Last winter was relatively mild, so Bill Kristol goes on Fox and says "Hey, Global Warming is a good thing - who can argue with the nice mild winter we just had?" Of course, Mr. Kristol is only talking about RIGHT NOW. He conveniently brushes under the rug the contention that the warming will be taking place over many years, and while it is cute and cuddly now, it won't be as it progresses. Kind of like saying "I know Bush has been bad for the deficit (our offspring's tax burden) but he's giving me that interest only mortgage today, baby!"
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"They (Patriots) may be the greatest team ever" - Chris Mortenson, January 18, 2005 on espn.com |
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#10
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Not really. It is what it is. If people think they're overtaxed and think that the Republicans are better for lower taxes then that has a good chance to get votes for Republicans depending how high taxes are on the voter's prioirty list.
I made no comment on whether this is good or bad thinking based on other factors . . . simply a statement of fact that people think they're overtaxed and my assumption that the tax issue favors Republicans.
__________________
Don't Give Me a Defensive Player Who Can't Tackle . . . What Am I Going to Do With Him ? --- Bill Belichick |
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