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  #11  
Old 12-10-2009, 07:26 AM
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merrylander merrylander is offline
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Quote:
Originally Posted by HatchetJack View Post
Perfect example of why we can not let the government get involved with or
take over private business. Otherwise we will all be standing in line like cattle
waiting for our rations.
Sure, it has been my experience that if you want something really, really FUBAR'ed give it to some private business, like our local power company. They could not find their collective arse with both hands and a flashlight. I will admit that Congress runs a close second. With most large banks close behind.
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  #12  
Old 12-10-2009, 09:35 AM
Sandy G Sandy G is offline
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(Snort) "We're from the Guvverment...We're here t'help..."(Snort, snort) Every year, taxes get higher & higher, & the level of service goes lower & lower...Most of those jokers couldn't hack it as Chief Tester in a Mattress Factory...
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  #13  
Old 12-10-2009, 09:56 AM
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Quote:
Originally Posted by HatchetJack View Post
Perfect example of why we can not let the government get involved with or
take over private business. Otherwise we will all be standing in line like cattle
waiting for our rations.
And after that they hit us on the head and grind us into hamburger.

John
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  #14  
Old 12-10-2009, 10:32 AM
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Fast_Eddie Fast_Eddie is offline
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Quote:
Originally Posted by Sandy G View Post
Every year, taxes get higher & higher,
Man, I gotta tell you, this simply is not true. Taxes are at historically low levels now.
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  #15  
Old 12-10-2009, 02:12 PM
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piece-itpete piece-itpete is offline
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Check it out:

http://www.taxpolicycenter.org/taxfa....cfm?Docid=200

Federal only. I can't find a total graph.

Pete
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  #16  
Old 12-10-2009, 03:02 PM
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You need to correlate that to the number of employed people and salary increases. I am sure there are a few more people in the country now than there were in 1960.
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  #17  
Old 12-10-2009, 03:16 PM
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You need to correlate that to the number of employed people and salary increases. I am sure there are a few more people in the country now than there were in 1960.
Yes, you've also got to look at the increased commercial and industrial wealth of the country over time. The chart reflects total revenue from all sources, not just that from personal income taxes.

The attached graph from the CBO shows the resultws of our tax cut mania.

John
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File Type: jpg debt_bush_tax_cuts_dc116.jpg (29.5 KB, 9 views)
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Last edited by Boreas; 12-10-2009 at 03:25 PM.
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  #18  
Old 12-10-2009, 03:47 PM
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Quote:
Originally Posted by piece-itpete View Post
Check it out:

http://www.taxpolicycenter.org/taxfa....cfm?Docid=200

Federal only. I can't find a total graph.

Pete
I don't understand. That chart says that as % of GDP we're at the lowest rates since 1993 and rates consistant with the lowest since 1945.
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  #19  
Old 12-10-2009, 03:57 PM
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I don't understand. That chart says that as % of GDP we're at the lowest rates since 1993 and rates consistant with the lowest since 1945.
Yes, in terms of receipts and outlay but not in terms of the deficit as a % of GDP.

John
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  #20  
Old 12-11-2009, 07:20 AM
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I feel I must warn you all that my father was a statistician (that's how I know how to spell it) and he taught me that "there are lies, there are damned lies, and there are statistics." They have to be the most mis-used sets of data extant.
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