Peter_Puget

YOu guys crack me up! Especially you liberal nice guys! By the way this corp shill was just reminding everyone that the dividends had already been taxed once at the corp level.

Corps don't pay taxes people do! By the way imagine if the current trand continues and a wealthy class of Uber rich appear. Fabulously wealthy they pay only a small percent of their almost unimaginable wealth to the treasury yet they also pay 100% of the federal taxes...yes imagine.. ...Imagine there's no Taxation It's easy if you try No poverty below us Above a few people in the sky Imagine all the people Working for themselves Imagine there's no tax freedom day It isn't hard to do Nothing to shelter or defer And no evasion too Imagine all the people living life in peace You may say I'm a dreamer But I'm not the only one I hope some day you'll join us And the world will be as one Imagine no IRS I wonder if you can No need for tax enforcement A brotherhood of man Imagine all the people Sharing all the world You may say I'm a dreamer But I'm not the only one I hope some day you'll join us And the world will live as one ....

J_B you do a pretty good imitation of Jim! PP

Note that to the right of the paper are J_Bs favorites: the top 10% 5% and his fetish of choice the top 1%!

Darrin - The American common man is a fool because he/she naively believes in the potential for upward mobility which (CBS asserts) no longer exists at least in relation to the believed potential. His argument as to the reasons for the dimished potential is of no consequence. What is important is that the common man doesn't see it. I never imply he must hate democracy. Here is what I said: "this contempt can get pretty close to ultimately hating democracy itself " I stand by this. Whether or not it applies specifically to CBS I don't know. I was not implying that he felt that way. I was stating flat out that some on the left do feel that way. The rest of your post is silliness to be sure. PP

Maybe.. link

Wow! Great responses. They pretty much break down into two distinct classes: 1 – One class (J-B, Jopa and CBS) pretty much claims that the people of America are fools. This class of responders has somehow risen above the deception! 2 – The other (Jim) attacks the messenger (By the way I have never listen to the Rush Limbough Radio show ever!) These two classes reveal something very deep in the psyche of the “American Liberal” – a contempt for the common man (this contempt can get pretty close to ultimately hating democracy itself ) and the left’s determination to devolve political discourse into personal attacks. PP

Dreamin'? I dont remember such long fall potential on it.

WOW! That's crazy Dru. Hey! Check this out it's way crazier than your link! PP

Something I read today: The liberal concern about inequality is not widely shared in the United States. Three scholars from Harvard and the London School of Economics recently analyzed attitudes toward inequality in Europe and here. In Europe, surveys have found that inequality of wealth makes two groups unhappy: rich leftists and the poor. By contrast, only rich leftists are troubled by inequality in the United States. The three professors argue that the poor in the U.S. are not concerned about inequality of wealth because they expect to rise up the income ladder whereas Europeans feel stuck in their assigned status in society. Americans do not resent the rich; Americans want and expect to be like them thanks to social mobility. The American Dream lives on except for wealthy progressives."

how much?

From the NYT business section (Saturdays) Headline: "A Shortage of Seasonal Workers Is Feared." They managed to frame a good jobs outlook in negative terms -- fear. On the same front page is a chart showing the spectacular recent performance of stock markets throughout the Middle East. Wouldn't this be a nice thing to read about in the general coverage of the Middle East?

Here is what I did Saturday! Today it's Easter stuff.

Because the RC forum is the happiest and hippest on the web!

Skiing!

I know a bunch of people that have climbed it. Luvshaker's guess is certainly much closer to reality than what you were told. Anyone climbed Minas Morgol?(sp?) fun route too.

What's everyone doing? And..you'd better say rock climbing! PP

Let's talk employment and the election. One thing is certain, the vested interests (which includes both political party establishments) have no interest in raising issues that might awaken the U.S. working class from the deep sleep into which it has fallen and thus invite the class struggle from below. Hence every effort will be made by the powers that be to ensure that the real nature of the employment problem in our country continues to be swept under the rug. The job debate that is building up in the context of the jobless recovery and current election fight is thus likely to be kept within very narrow limits by representatives of both parties. The Democrats will blame it on the Bush administration. The Bush administration will project huge employment increases in the future arising from its tax cuts—coming into play after an enormous lag. Our responsibility in these circumstances is clear: to reject all such opportunistic responses and to connect these problems to their root causes and to the evolution of the structural crisis.

Egads you guys crack me up...J_B at this point is saying in essence isn't it ironic that PP is right! By the way Will the schedule I have been referencing is effective not marginal and includes taxes other than FIT.

J_B - You are of course simply being silly again but anyway... In 2001 estimates for total spending on education in the US were approx. $700 billion. I wonder how you would include GI bill expense related to education. A defered defense expense? Would you expense the cost in the years earned?

..is. oh yea press the current events link!

of course i insist on considering what happened to the tax rate of the upper 1% that earns a full 1/3 of all income in america today. anyone with a little math sense and/or honesty would realize that a) 1/3 of all income is not cherry-picking and b)ignoring the taxation history of 1/3 of the national income while concluding that the tax system is more progressive is a flawed exercise. to me it is pretty clear you have no idea what you are looking at; but of course, in true form, this does not prevent you from drawing self-serving conclusions. Self serving conclusions? Heck I even posted some projections from JEC on periods after 2001 that seem to show a different trend. Self serving ? NO.

Good Man AlpineK! I owe you an aged pigs head! You can pick it up at Index.

By the way, if we can create an enviroment where to rich get so rich that the trend on the attached table increases to close to100%, I'd be happy as hell - even if their effective tax rate was less than mine!