The point is, she was, & if there is one, there's certainly more. Just because no others have slapped around a capitol policeman recently, doesn't mean they don't exist.

Ah, how I would LOVE to believe you are right. Because if there really are any "far leftists" in Congress, that would mean the weight is not distributed quite as hopelessly to the right as I think it is.

(Sigh.) A man can dream . . .

Well, after last night, you should have noticed we have another. This time runing for POTUS. If Obama's capital gains tax increase didn't tell you that, then maybe he needs to slap around some capital policeman to make you you realise that he way-way out in left field.

A centrist he's not. Unfortunately for Obama, most Americans are middle of the road & tend to lean a little to the right.

OK, if spending was the issue why didn't anyone do anything about it?
That's twice now we've had huge tax cuts, followed by huge spending increases, which kind of destroys the argument that tax cuts force the government to live within it's means.
To me, it seems that raising taxes to balance the budget would force spending cuts, because then politicians would think twice about spending if they actually had to present the voters the bill.
And when the government is running a deficit, tax cuts or tax increases for the wealthy have little effect on the economy, because for every dollar in reduced taxes that is now available for investment, there is a dollar borrowed that is no longer available for investment, you could even make the argument that tax increases on the wealthy stimulate the economy, because reducing the deficit lowers long term interest rates, which promotes long term investment far more effectively than tax cuts, at least that's the way it seems to work in real life.
Clinton raised taxes on the wealthy, the deficit went away, and interest rates fell, and the economy boomed, Bush cut taxes for the wealthy and well, here we are in an economic crisis.

__________________
“The thought of his being president sends a cold chill down my spine.”

Senator Thad Cochran, Mississippi (R)
on McCain

“I decided I didn’t want this guy anywhere near a trigger.”
Senator Pete Domenici, New Mexico (R)
on McCain

“My anger did not help my campaign ... People don’t like angry candidates very much.”

McCain on McCain

Wouldn't it also make sense to try & obtain as much tax revenue as possible? Obama's plan of raising capital gains tax to 28% lowers tax revenue. That's the point of this thread. And it hurts Americans saving for college & retirement, along with seniors who depend on dividends to make ends meet. In other words, it's a lose-lose situation.

It appears you didn't watch the debate last night. Since you brought up Bill Clinton it was noted in the debate that when Bill Clinton lowered capital gains tax to 20%, they actually increased capital gains tax revenue. This has been proven on two different occasions.

Yes, the republicans have gone against their base, by spending like drunken sailors. They were in charge for at least 6 years & blew it. If they would have held to their promise of lowering spending, they wouldn't have gotten slaughtered in 2006.

But, you don't kill the golden goose (the American people) -- the money makers by taxing them to death. It is extremely detremential to job growth & the overall economy. Americans who have less income because of higher taxes, don't spend their money, which expendable money in American pockets keeps this economy rolling on, while also increasing tax revenues.

The liberals want to up taxes and maintain spending, while the neocons want to somehow cut taxes while increasing spending. Neither is the answer. The answer is to reduce taxes and GREATLY reduce spending. It's also painfully easy to do: just withdraw from Iraq. That would be a start. I really don't understand why people still keep concentrating on assholes like Hillary, Obama and McCain to bring them success.

__________________
A federal judge ruled today that graphic pictures of detainee abuse at Iraq's Abu Ghraib prison must be released over government claims that they could damage America's image.

Someone should tell them that bad press can be prevented by not abusing prisoners in the first place. Censorship is only needed to preserve the good reputation of those who have tortured and/or murdered already.

Clinton began by raising taxes, and by holding the line on spending, and the economy grew out of the deficit, and the surplus stimulated the economy, when the government pays off debt, instead of just rolling it over, the people who get the money have to invest it elsewhere, and that makes interest rates go down.

To me when somebody starts talking about "cutting taxes" it means they are trying to divert attention from their massive spending plans.

__________________
“The thought of his being president sends a cold chill down my spine.”

Senator Thad Cochran, Mississippi (R)
on McCain

“I decided I didn’t want this guy anywhere near a trigger.”
Senator Pete Domenici, New Mexico (R)
on McCain

“My anger did not help my campaign ... People don’t like angry candidates very much.”

McCain on McCain

Look, the point of this thread is a 28% capital gains tax. I think everyone agrees that we can & should raise "income" taxes on the filthy rich.

But, you don't say here's a tax break to the middle class with your right hand & take it away with your left hand. That's exactly what an increase in capital gains tax does. It is a lose-lose situation, for tax revenue & ALL Americans.

No, Clinton did not hold the line on spending. He doesn't get credit fot that. It took the contract with America, (republicans with Newt Gingrich) to dramatically cut spending, with them "dragging" Bill Clinton fighting & screaming all the way.

As we all know Bill Clinton didn't actually write out 200,000 new checks a month either. He had a great economy due to the high tech industry booming. If you want to give thanks to that economy, wirte Bill Gates & John Chambers a thank you letter.

As I stated before, republicans blew their contract with America, by spending like drunken sailors during the Bush years.

To stimulate an economy, lower taxes. This increases the tax base also. That is a fact, & it has been proven time & time again.

To lower the deficit while increasing the tax base, stop the indicresionary spending.

While we are on the subject of taxes lets clarify some things.

According to the Office of Tax Analysis, the U.S. individual income tax is "highly progressive," with a small group of higher-income taxpayers paying most of the individual income taxes each year.


In 2002 the latest year of available data, the top 5 percent of taxpayers paid more than one-half (53.8 percent) of all individual income taxes, but reported roughly one-third (30.6 percent) of income.

The top 1 percent of taxpayers paid 33.7 percent of all individual income taxes in 2002. This group of taxpayers has paid more than 30 percent of individual income taxes since 1995. Moreover, since 1990 this group’s tax share has grown faster than their income share.

Taxpayers who rank in the top 50 percent of taxpayers by income pay virtually all individual income taxes. In all years since 1990, taxpayers in this group have paid over 94 percent of all individual income taxes. In 2000, 2001, and 2002, this group paid over 96 percent of the total.
Treasury Department analysts credit President Bush's tax cuts with shifting a larger share of the individual income taxes paid to higher income taxpayers. In 2005, says the Treasury, when most of the tax cut provisions are fully in effect (e.g., lower tax rates, the $1,000 child credit, marriage penalty relief), the projected tax share for lower-income taxpayers will fall, while the tax share for higher-income taxpayers will rise.


The share of taxes paid by the bottom 50 percent of taxpayers will fall from 4.1 percent to 3.6 percent.

The share of taxes paid by the top 1 percent of taxpayers will rise from 32.3 percent to 33.7 percent.

The average tax rate for the bottom 50 percent of taxpayers falls by 27 percent as compared to a 13 percent decline for taxpayers in the top 1 percent.

Who Pays the Most Income Tax?

We don't need more tax increases which what the demorats will do, we need to cut taxes and make the Bush tax cuts permanent.

Clinton was taking things off bugdet. Funny how the extra was gone in 11/00.

__________________
Fear the Government

Your claim


Up until the 2004 election she was part of the Democratic Congress. As a matter of fact, she was up for a postion within the Democratic leadership until she went off the deep end again to hit a Capital police officer.

I think I have proven that your statement is false. Good luck next time.

BTW, I have a few other far left liberals who are now part of the senate and congress with D beside their names if you want me to press the issue.

__________________


Bote OBAMA BIN BIDEN, OTAY!!




I say what many think but fail to say but would like to.

From Obama's Policy Blueprint:

So, his tax plan does not "slam" the poor Americans.

As already stated ad nauseaum - Obama's plan is to give even more tax welfare to the poor - you can't give people WHO PAY NO TAXES - tax relief...you can however increase the socialist practices of taking from those that do - and give it to those that don't.

because he was incompetent...

__________________
Obama-e fungis nati homines....

Of course, no president can simplify the tax code. Legislation is, of course, written and adopted by the legislature.

But promising to "dramatically simplify tax filings so that millions of Americans will be able to do their taxes in less than five minutes" is a good way to suck in the lemmings who don't understand how the government works.

Matt

__________________
De duobus malis, minus est semper eligendum