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View Full Version : How much the average person saves with the Bush Tax Cuts.



wazi99
11-14-2012, 01:31 PM
http://www.theblaze.com/wp-content/uploads/2012/08/bush_tax_cuts_state_large_r1-620x464.png


What happens to you if the cuts expire? The Tax Foundation (http://taxfoundation.org/about-us) has done the math and provides a handy map to show the likely economic impact on people in every state. (For the record, the Tax Foundation describes themselves as, “a nonpartisan tax research group based in Washington, D.C.”)

The Five States Facing The Biggest Tax Increases (avg. per household):


Connecticut $5,783
New York $5,542
New Jersey $5030
Massachusetts $4277
California $4242




The Five States With The Smallest Tax Increases (avg. per household):


Mississippi $1310
New Mexico $1465
Alabama $1496
Tennessee $1522
West Virginia $1530



Read more here: http://www.theblaze.com/stories/if-the-bush-tax-cuts-expire-how-much-more-would-you-have-to-pay/

Cigar
11-14-2012, 01:38 PM
About $900 Billion is added to the Deficit ... you know, the thing the GOP talks about all the time?

wazi99
11-14-2012, 01:50 PM
About $900 Billion is added to the Deficit ... you know, the thing the GOP talks about all the time?

How is $900 Billion added to the deficit from not raising taxes? You don't add to the deficit by not taxing people you add to the deficit by spending more than you brought in.

What ever happened to Obama's idea of Pay Go? Can't we just do what Obama said he would and only spend the money we have?

Here is one idea on how to save us money is cut Obama Care.

Even Democrats agree cutting Obama Care would save us $900 Billion over the same period that the Bush Tax cuts would be in affect.



Repealing health reform would reduce spending by nearly $900 billion over the 2014-2022 period. That would leave other cuts of $487 billion in 2016 and $5.2 trillion over the decade that Romney largely does not specify.

Read more here: http://www.cbpp.org/cms/?fa=view&id=3658

Cigar
11-14-2012, 02:00 PM
really now ... :rollseyes:

Bane
11-14-2012, 02:17 PM
I love the logic of a communist.

$900 billion is added to the deficit b/c we cut a tax.

cutting a tax doesn't create a deficit morons.

The only way deficits are created is if: YOU FUCKING SPEND MORE THEN YOU TAKE IN!

its not real brainiac stuff here folks.

STOP SPENDING THAT WHICH YOU DON'T HAVE and then there is nothing to worry about.

communists, hate private business, but they are all for the biggest, most gluttonous company of all: government. These idiots are quick to strip any private entity of its money without thought, but when we ask the government to do more with less, ****gasp****suddenly the rest of us are knuckledraggers and uneducated fools....lol.

why is that? What is so memorizing about government confiscation of wealth and prosperity, that people can never ask the government to cut back without ridicule? Yet these same idiots, don't hesitate to yank the rug out from mom and pop. Boogles the mind.

wazi99
11-14-2012, 02:25 PM
President Obama hails return to PAYGO on Jun 9, 2009 http://www.politico.com/news/stories/0210/32921.html


What ever happened to this idea? I think it lasted 24 hours....


https://www.youtube.com/watch?v=Xg_0dqEWBA8
(https://www.youtube.com/watch?v=Xg_0dqEWBA8)