White House Gives In On Bush-Era Tax Cuts

How do you know?
Was this government created with a mass world economy in mind?
I agree with Catastrophe about corporations actually.
people used to think lots of crazy things 100's of years ago...but as years go by you learn that ***changes.

^^ FIXED


EDIT::

lol let me paste it for you. Don't forget that we had a small recession in 2001 which I guess the tax cuts caused if i think i understand what you're saying (don't forget about 9/11 which significantly contributed to it as well).

Oh and way to leave out 2004, 2005, 2006, 2007, 2008

2004 - 5.7,5.6,5.8,5.6,5.6,5.6,5.5,5.4,5.4,5.5,5.4,5.4

2005 - 5.2,5.4,5.2,5.2,5.1,5.1,5.0,4.9,5.0,5.0,5.0,4.8

2006 - 4.7,4.8,4.7,4.7,4.7,4.6,4.7,4.7,4.5,4.4,4.5,4.4

2007 - 4.6,4.5,4.4,4.5,4.5,4.6,4.7,4.7,4.7,4.8,4.7,4.9

2008 - 4.9,4.8,5.1,5.0,5.5,5.6,5.8,6.2,6.2,6.6,6.8,7.2

but according to you this had nothing to do with the tax cuts.....

we'll all I can say is.
we'll see.
you obviously have more at stake than I do.
So if/when you fall you're gonna fall hard.

Nah, the corruption has always been in the hands of banks and the government. Corporations provide a service, why would I be upset with them? They create jobs, buyable products(that I can choose to buy if I want), and they certainly don't cost me a dime(other than the ones that were bailed out for God knows what reason). The government on the other hand costs me a lot. As someone mentioned in the other thread, every citizen has about a $40,000 debt placed on their head at birth.

http://en.wikipedia.org/wiki/Andrew_Jackson#Opposition_to_the_National_Bank

Andrew Jackson was one of my favorite presidents for the work he did in trying to make American citizens indebted to no one.

banks are not technically corporations now?
weird.
they make jobs and provide you with those crazy customizable credit cards!
I was always under the impression that the flow of money worked like a wave from the top to the bottom...hence the trickle-down phrase(which I believe is a broken system).
Corporations such as Enron which provided energy(a service), where they fraudulently stole money from stockholders?
If that's not an example of corporate wrong-doing I don't know what is.

2004?! Lol! End of 2005 a little.

So basically during the best times, the tax cuts brought the numbers down to almost the levels they were before the cuts.

But nothing close to these years:

1998
4.6 4.6 4.7 4.3 4.4 4.5 4.5 4.5 4.6 4.5 4.4 4.4

1999
4.3 4.4 4.2 4.3 4.2 4.3 4.3 4.2 4.2 4.1 4.1 4.0

2000
4.0 4.1 4.0 3.8 4.0 4.0 4.0 4.1 3.9 3.9 3.9 3.9


Definitely looks like the levels were way better off without the cuts.

Just like I thought. I figured for the lulz I'd check out this book, and exactly what I expected to find:



You're a Glenn Beck fan aren't you?

his way of endorsing the books that he is critical of bush...but he fails to mention the right-wing nut hatred of obama.
I know obama-bashing is good for republican sales...but it makes it hard for me to not see everything this guy says as something not full of bias.

Savage plays to his audience well. Those that only want to hear part of the story may enjoy the smooth rants of Savage. He argues like Reverend Wright (although for the other side and to a larger audience) and tells the Fox News-type audience exactly what they want to hear.

You can lump me together into some group and assume I agree with them on everything...but I try to question everything I read rather than taking words at face value :/

lol you guys, where do you get your Obama coolaid?

who said I was all about Obama?
OH WAIT...NOBODY DID?
WOW!
and any poor person would be able to tell you it's KOOL-AID damnit!

hahaha..this is funny...i wonder how many of u decided to vote on the mid -term elections....just so u all know...basically..these tax cuts have nothing to do with us: wont help us at all, now we will never see progress and we will go into a depression. the wealthiest ppl in america made 99% of america's wealth just last year. <ruters and cnn> they made profits of 1.3 trillion last year and obama wanted to tax 3% on the 1.3 trillion actually less than clinton did.<abc news, bill maher and cnn> that 3 percent was gonna go to the ppl...to stimulate the economy jobs etc; we have no middle class. Recession directly effected the area im in. Crime up like almost 40% here...our unemployment is at 11%, national average is 9%...so u guys saying thats its a good thing dont know poverty...white house basically telling us to go work and earn wages below poverty line and hope for the best, those of u on unemployment, it will be suspended on dec 9 <all associated press> even if u have a balance u will recieve no more help...so basically whitehouse telling us to go *** ourselves....really ppl....we messed up by not voting, and u californians, omg u suck, prop 19 would have been 1 thing that would have gotten cali out of debt...wow, just wow. could ve have progressed the country..

lol again, I can't imagine the world you live in. I guess if the unemployment rate is only related to the tax rates and nothing else, you would be right. But adults (and even small children for that matter) realize that the economy is pretty complicated.

However I will still make my original argument that lowering tax rates will help the economy recover, and raising them will hurt it. The data supports it also, in 2001 we lowered taxes in response to a recession and only got a ~6% unemployment rate. In 2009 we spent a trillion dollars on a stimulus in response to a recession and we got a ~10% unemployment rate. Hmm seems like cutting taxes worked much better to me.

Why don't you tell me why we have such a high unemployment rate right now, and why you think it will be lowered if we raise taxes?

I'm laughing at your poor attempts to troll

it won't be if we only raise it for the top 1% !!!!
jk what do either of us no.
we can only make speculations and that doesn't really say ***.

The question everyone needs to answer for themselves, Who makes better decisions on how to spend your earned income. You or your governemnt. That's all, no politics, just plain choice.

When Social Security first came out, we all thought the money would be in a "lockbox" until we reach a certain age.where did it go?

I could've used that extra money to set asside for my own retirement account, control where to invest it. Now I'm still setting asside money PLUS giving money to SS. So who really knows best how to save money?