CNN reports on debate lies

[ElFenix]

now, we all know the candidates didn't quite tell the truth in the debate last night, in fact you could say the only thing beaten in the debate was the truth. but here's a shocker: under current law, those with incomes of >$200,000 pay 24.7% income tax overall, and under bush's plan, the percentage remains exactly the same!

 

[chess9]

ElFenix:

So after getting hammered about 8 times on the issue, Bush wasn't smart enough to say it wasn't true that the highest income brackets wouldn't get a tax cut? Something is wrong. Either CNN is wrong or Bush is a complete idiot. Take your pick.

 

[chess9]

"Is that a fact? Well, the bipartisan Joint Tax Committee of Congress analyzed Bush's tax plan and said that after it was mostly phased in, in 2005, persons making over $200,000 a year would be paying 27.4 percent of federal income taxes, exactly the same share as under current law.

By that measure, Bush is wrong.

The same bipartisan analysis showed persons making over $100,000 a year would get 51 percent of the money under Bush's tax cut plan."-CNN


You should have reported the whole story. Tsk, tsk.

 

[ElFenix]

i'm thinking the capital gains cut is what gore was refering to. oh, another thing, its not half for the 1%, its 51% of the tax cut money going to those making >$100,000, which is "significantly more than 1%" of the country, according to CNN.

i trust CNN's researched numbers better than what the candidates were remembering on the spot. gore was never at the disaster sites in texas, either. he was in houston at the time though, so at least he was in the proper state.

 

[chess9]

ElFenix:
Yeah, all those oil men are going to be in hog heaven if Bush is elected. Oil depletion allowance up, depreciation schedules very short term, first year write offs generous, and capital gains down down down. I'm sure the tax cut for the wealthiest will be enormous. Much bigger if Bush wins and pulls in a Republican Congress. Everything will be given away.

 

[Russ]

<< Bush wasn't smart enough to say it wasn't true that the highest income brackets wouldn't get a tax cut? >>



Chess9,

He did, several times. Were you asleep?



<< The same bipartisan analysis showed persons making over $100,000 a year would get 51 percent of the money under Bush's tax cut plan >>



Well, DUH. They're PAYING 50% of the taxes, which makes the cut proportionate. This is called equal treatment, and is a fundamental tenant of law.

Are you people that blinded by your envy and jealousy of the wealthy?

Russ, NCNE

 

[jmcoreymv]

I think the tax cuts a good idea, people who whine about the rich being rich should stop whining. Its called capitalism, and btw, ive started a business selling &quot;How to become a millionaire capitalist&quot; books for $20 bucks a piece, anyone who wants one, just drop me a line.

 

[Duckers]

and the stereotype says that Communism is bad....

 

[Viper GTS]

This is called equal treatment, and is a fundamental tenant of law.

Unless you're communist. And to me, giving the tax money of the &quot;wealthy&quot; to the &quot;poor&quot; smacks of communism.

Viper GTS

 

[pidge]

I really was getting so tired of Gore's attempts to create class envy. The top 5% of tax payers pay like 90% of the taxes or something like that. Why don't they deserve a tax break since they are paying most of the taxes (I am middle class)? :|

 

[chess9]

Russ:

I think he made a general denial, not a specific denial. He probably didn't know the facts.

 

[Pennstate]

A progressive tax code is socialist, not communist. The US IS a very Socialist country. I.e. public schools, medicare, social security, need-based financial aid. The bottom line is that Capitalism at its purest will not work.

 

[chess9]

Are you guys just now discovering our progressive tax code. We've had this socialist idea for about 75 years, so you might consider adjusting to it.

 

[LAUST]

I think progressive tax is such a rip off I think paying a percentage on Income tax is too I can see on sales taxes being a % but why what you make what if I make lets say 70K a year and I drive a nice vehicle around town.. then the next guy makes 30K and drives a beat up Buick Roadmaster that weighs in just under a Boeing 747... yes yes I know... it is a fully loaded 747... well doesn't his car trash the road more then mine?? and my tax money is going to go to that... Sounds unfair to me... but I guess I just get bitter when I see $1600 taken out of me a month in taxes.

 

[Russ]

<< We've had this socialist idea for about 75 years, so you might consider adjusting to it. >>



Yep, and the USSR was communist for about the same length of time. So, your point would be?

To call our tax system &quot;progressive&quot; is the cruelest joke of all.

Russ, NCNE

 

[etech]

The Ten planks of the Communist Manifesto

1. Abolition of private property and the application of all rent to public purpose.
The 14th Amendment of the U.S. Constitution (1868), and various zoning, school &amp; property taxes. Also the Bureau of Land Management.

2. A heavy progressive or graduated income tax.
Misapplication of the 16th Amendment of the U.S. Constitution, 1913, The Social Security Act of 1936.; Joint House Resolution 192 of 1933; and various State &quot;income&quot; taxes. We call it &quot;paying your fair share&quot;.

3. Abolition of all rights of inheritance.
We call it Federal &amp; State estate Tax (1916); or reformed Probate Laws, and limited inheritance via arbitrary inheritance tax statutes.

It might make for an interesting poll(if I did those) which plan, Gore or Bush's is more in line with the communist manifesto?

We are all aware of what happened to the economy of the communist USSR, arn't we?

 

[chess9]

Etech:

Good grief man, get a grip. Pure capitalism would lead to revolution, bloodshed, and probably 99% of the wuss-assed geeks on this board could kiss their tuskas goodbye. You people should be the last to complain. You couldn't make it in a real race of the fittest. The thought is so funny. If you could only see your cigarette smoking, potato chip munching soft bellied, fat assed selves the way many others see you. Don't even go there.
You guys can talk the talk, but can you walk the walk? If you had to haul a 100 pound pack 50 miles in 5 hours to save your life could you do it? Hell no. Could you swim a raging river to rescue your children from an advancing enemy? Sure you could. So don't give me this macho sh*t about how weak the people are who want to share responsibility for maintaining this country. It takes more than a brain, even today. Most of you guys are half the men your grandfathers were. Sorry, but this just sets my rant valve in the open position.

 

[chess9]

Russ:

What's your point? You think the progressive tax system is going bye-bye? Sure it is, and the Republican toot fairy is going to turn Bush into McCain!

Any parallels between the U.S. and the communists are overly strained at best. We are 10 times the country Russia is. I'm not worried in the least unless the right wing Christian Radicals get control of the White House. If Bush were elected we'd be 3/4's there.

 

[Tripleshot]

etech

Is that the crap you read to make value judgements about my country? You have the nerve to link that communist scare propiganda as proof for your political assertions?

Excuse me for making a judgement call,but I would think someone who holds that kind of garbage up as a defense for your position is a mental midget.I notice you do not list where you live in your profile,but I would sumise it is somewhere in an underground bus lined with survival gear and armed with all the weaponry to outfit some third world rebels in South America.

Your credibility just went in the toilet where it belongs.:|:disgust:

 

[chess9]

Red:
These true believers complain about sharing the load, but none of them can carry the load. What a joke. Everyone on this board, except possibly one guy, and a few immigrants, has had it very easy. Life has been fat and easy. It's easy for them to say Dems are Communists, that the tax code is for commies, that I'm a commie. Well, none of them would dare say it to my face. They should hide their stupid heads in shame. No one but a true believer is good enough to be an American. What a bunch of crap. I'm going to sign off before I say something I really regret. Etech can go f*ck himself.

 

[LAUST]

There are allot of old looking guy's posting here

 

[Zucchini]

I guess none of these right wingers took history seriously. Does social darwinism ring a bell? Guess not..

 

[Tripleshot]

Red Dawn

<<Oh well, there goes one of the Lib combatants. I was so hoping for a bloodbath tonight. What a shame.>>


Yep, and he's really watching CMA! LOL

 

[jjm]

Get a copy of today's Wall Street Journal. The Money Matters article in the third section has a full comparison of both tax plans and a worksheet anyone can use to compare the impact on his/her own taxes.

 

[glenn1]

&quot;These true believers complain about sharing the load, but none of them can carry the load. What a joke. Everyone on this board, except possibly one guy, and a few immigrants, has had it very easy. Life has been fat and easy. It's easy for them to say Dems are Communists, that the tax code is for commies, that I'm a commie. Well, none of them would dare say it to my face.&quot;

Is that supposed to be a challenge? Am i supposed to be afraid of you? Sorry mate, i'm not quaking yet. The current tax system in America is socialistic. You can sugarcoat it in terms of &quot;fairness&quot; all you want, but that's what it comes right down to. And i will say it to your face, trust me.

I don't think i follow any of your argument about &quot;making it in a real race of the fittest.&quot; First of all, before you even try to make silly arguments about self-defense, know of what you're speaking. I'm a former Special Forces soldier, and i can GUARANTEE you that no one could do 50 miles in 5 hours, with 100 pounds or otherwise. The world record for the marathon (26 miles, 200 yards) is a little over 2 hours for pete's sake. Even at a forced march, within friendly territory, and minimal attention paid to tactical considerations, noise and light discipline, 15 minute miles under combat load is considered a pretty good pace.

Next, before you speak of &quot;fatassed geeks not being able to make it out there in the world,&quot; remember that there is a military whose job it is to defend the country from threats,foreign and domestic. That's what you pay your taxes for, and that includes those fatassed geeks you speak of. After all, they are the ones out there busting that ass every day, helping the economy work, and doing their part to make the American dream come true. Being physically fit has nothing to do with anything. We ALL carry the load, so stop spewing crap, and lose the holier than thou attitude. Those who do what is necessary to earn the rewards of wealth in this country do not deserve to have the fruits of their labor taken away because you are jealous that they've become rich, and you haven't. Or think of it this way - when was the last time you saw a liberal volunteering to pay more in taxes than they were legally required to, in order to demonstrate their willingness to do their part to &quot;pay their fair share?&quot; Al Gore is fairly well off, i don't see him jumping up and down to pay more in taxes. I guess it's only unfair when it's someone else's taxes you're speaking of.