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(Slate)   Under President Obama, Americans paid the lowest tax rates in 30 years. Where is your Tea Party now?   (slatest.slate.com) divider line 77
    More: Interesting, President Obama, Congressional Budget Office, Americans, tax rates, Sander Levin, american incomes, Ways and Means Committee, Americans paid  
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9453 clicks; posted to Main » on 11 Jul 2012 at 9:46 PM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



Voting Results (Smartest)
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Archived thread
2012-07-11 04:08:13 PM
10 votes:
In part, the tax decline was due to the dramatic decrease in average income that year.

This has nothing to do with Obama.
2012-07-11 04:14:35 PM
8 votes:

netizencain: In part, the tax decline was due to the dramatic decrease in average income that year.

This has nothing to do with Obama.


I was coming in to quote this from the FA.

Hey, you are paying less in taxes because you made less money this year, ain't Obama awesome?!

\That's called spin.
2012-07-11 05:19:38 PM
7 votes:

BSABSVR: oldfarthenry: netizencain: In part, the tax decline was due to the dramatic decrease in average income that year.

This has nothing to do with Obama.

So Fartbongo doesn't control the economy and shouldn't be blamed for it going bad?

He only controls the bad parts.


The political party that is not yours is responsible for the bad.


2006 High gas prices? You hate Bush? It's Bush's fault
2011 High gas prices? You love Obama? The President doesn't control that.

IT's the same... everywhere. everytime.
2012-07-11 04:04:27 PM
7 votes:
hey, look - more facts that completely refute what republicans claim!
2012-07-11 04:16:30 PM
6 votes:

Krikkitbot: netizencain: In part, the tax decline was due to the dramatic decrease in average income that year.

This has nothing to do with Obama.

I was coming in to quote this from the FA.

Hey, you are paying less in taxes because you made less money this year, ain't Obama awesome?!

\That's called spin.


also FTA: But, the low rates also reflect measures the Obama administration took to mediate the impact of the recession, including the "Making Work Pay" tax credit and other cuts bundled in the stimulus package. The lowest fifth of earners saw the most dramatic decrease, paying an average tax rate of 1 percent compared to 5.1 percent in 2007.

either way it flies in the face of the teabaggers' "taxed enough already" bullshiat.
2012-07-11 10:08:56 PM
5 votes:

cretinbob: //never mind the Bush policies that drove down average income, right?


This is the part people keep ignoring.

Bush administration's "pro business" policies encouraged income reduction for middle and lower class. It became much easier to take you're full time employees and make them part timers. Still employed for statistical purposes, but now you can hire 2X as many employees, not pay healthcare for them, and help drop the US unemployment rate at the same time.

Underemployment has been a serious issue in the US for a decade. Only recently is anyone talking about it. Still neither party is willing to create an index and start measuring it. THAT is holding back the economy even more than unemployment.

The truth about unemployment is that it's always relatively high in the US. People retire prematurely and bet on investments that don't pan out in bad economies. However when the economy is bad people "go back to work", which means they start looking, and taking part time jobs, and loosing jobs. And ending up being statistically "unemployed". That boosts the unemployment rate. It's cyclical. Bad economies create workers who are unemployed as much as they make workers unemployed.


Under employed really screw this economy. They are statistically counted in the same bucket as the 1% folks, yet they have too little income to really help prime the well and get the economy moving. They barely (if even) manage to keep a roof over their head and eat. In a country where most people are not employed in housing or agriculture, this means this segment of the population does nearly nothing to boost the economy. It just drags through the years.

Want to fix the economy? Create an index for underemployed (those working less than 35hrs a week who intend to work 35hrs a week), and start chipping away at that. That money they are missing is what they spend on everything you and I work to create/build/move/sell. That gets the economy moving again.

People forget. We are not an agricultural country anymore. We're not even industrial. Our economy is increasingly dependent on people's discretionary income. If people have no discretionary income, our economy has no customers. It's that simple.

You can talk all you want about small businesses, if they are only hiring contractors and part timers, it does nothing beneficial for us as a nation other than skew statistics and add spin.
2012-07-11 05:09:56 PM
5 votes:
Where is your Tea Party now?

Hiding in their corner with their fingers shoved in their ears screaming for Fox to come save them from the evil facts.
2012-07-11 04:17:08 PM
5 votes:

netizencain: In part, the tax decline was due to the dramatic decrease in average income that year.

This has nothing to do with Obama.


So Fartbongo doesn't control the economy and shouldn't be blamed for it going bad?
2012-07-11 10:13:14 PM
4 votes:

meat0918: Where is the Tea Party now? Calling you a fool.

My mother didn't believe me until I showed her chart with the rates.

Her personal economy was she and step-dad hit the over $250,000 in combined income their first year of marriage due to early retirement, cashing out some vacation, and having to withdraw some cash from their 401K for medical expenses, so they personally had higher tax rates for a while. This was in 2005 though, which I reminded her was before Obama was elected.

Now, she accepted that taxes were really low, but kept saying he was gonna raise taxes soon.

She has said since 2008, that even as a life long Democrat, she "just doesn't trust" Obama. She voted Hillary in the Michigan primary, and I think she's registered might have changed to Independent now.

I finally figured out my mom's a bad in the closet racist though when she admonished my sister for taking my niece to a "nursery run by a black woman" and her little girl was picking up all sorts of "black mannerisms and sass" and then finished it up with "Now I'm not racist but it's just not ok".

Glad I live 2000+ miles away.


I also had a revelation about my parents, which became blatantly clear once Obama was elected but had brewing for years while FOX barked from a giant television in the living room.

One year I came home to visit and noticed they no longer subscribed to Time or the daily newspaper, both of which were staples in our house while I was growing up. Dad made some remark about how he didn't trust the "liberal media" but I really didn't give it much thought.

Then the derp started to be carbon copies of something I had read or heard from Hannity the previous day. The fwd:FWD:FWD began to avalanche in my inbox. One day he finally just came out and said, "Stupid n**gers destroyed the economy by taking out loans they couldn't afford." That word had never been uttered in our household before. Ever.

Most of my life, my dad always struck me as an even-keeled guy. Definitely religious, definitely a Republican, but mostly normal. He drove sports cars, enjoyed a beer now and then, and was a likable cat. The moment FOX became a household item is when he began to change into a vitriolic bastard who would only read or listen to sources that sparked his fear center rather than being factual. The guy wouldn't even read an AP news feed because it's all a liberal conspiracy of thousands of individual journalists who apparently hold weekly meetings in Berkley and plot their next move in the plot to destroy America. The worst thing about it is that my mother, considerably more open-minded than he, basically went along for the ride as the dutiful wife.

Then the Tea Party happened. Holy sh*t was he on board. Sarah Palin's book proudly soiled the coffee table. He began calling himself a "strict Constitutionalist" while spouting anything but. He was for "small government" but demanded it monitor your vagina, blood stream, and quicksand wars. Anyone who disagreed "hates America." And yes, Obama was simultaneously an unqualified boob and a political master craftsman bent on destroying our way of life, and must be stopped. One day I had to actually leave the room when he finally said, "Freedom of religion doesn't mean freedom from religion. No trace of kidding in his voice, and the comment was aimed directly at my bow. As you can imagine, this was eventually followed by some nebulous claims that Obama was using the Constitution as toilet paper, and there was no sense in bringing up his discords. In short, my dad was the guy in the Onion article we all know and love. And it's also when I stopped respecting him. That's a hell of thing for a man, to lose respect for his own father after a lifetime of idolizing him.

Yes, I hold FOX largely responsible. They didn't hold a gun to his head and force him to watch, but their very existence has proven to be a net loss to society. And it's only going to get worse. I'm just glad I turned out to be straight, or he probably would have disowned me.
2012-07-11 08:01:21 PM
4 votes:

cretinbob: //never mind the Bush policies that drove down average income, right?


Actually, it was Business School policies that drove down average income. They basically, over 30 years, eliminated pensions, moved most of the payroll to the executive side, and fired as many people as technology would allow.

What they've created is very profitable companies with as few workers as possible paid as little as possible we as few benefits as possible.

Unfortunately, given that we are a consumer-driven economy, this does not seem to be an economically viable situation.
2012-07-12 12:48:22 AM
3 votes:

Jimmysolson: Should I block messages from this person who sent it?


Executive order 11000 was signed by JFK, Obama has signed not even 200 executive orders to date, none of the listed executive orders are Obama's, or even within 1,000 of being his. His first executive order was somewhere in the 13450 neighborhood.
2012-07-11 10:02:17 PM
3 votes:
Y'know, I'd actually respect the Teabaggers somewhat if they'd just come out and admit that they can't stand having an uppity n****r in the White House. As much as I hate bigots, I hate liars more. Lying to cover up for bigotry is like how-to-piss-me-off squared.
2012-07-11 10:00:01 PM
3 votes:
Really the only thing Romney has to do to get Teabaggers to vote for him is to be white.
2012-07-11 08:26:57 PM
3 votes:
The thing that always gives me the tickles, is you hear these Teatards ranting and raving about how we need to go back to the "good ol' days", which means when blacks and women were subservient to their white male overlords, but what they don't also realize is back in the "good ol' days", the marginal tax rate was in the 90th percentile. It's what, 36% percent now? If 36% is too much and worthy of a revolt, what the fark would these crackers do at 90% or more? Spontaneously combust?

Not to mention, those fat assholes on the Hoveround scooters wouldn't have Medicare to pay for it, since there was no Medicare until 1965. Or Medicaid either.
2012-07-11 06:03:04 PM
3 votes:
As the article makes clear, this is primarily due to the recession and declining incomes, not any specific policy of Obama's - and particularly not in 2009. But it gives lie to the line we've been hearing for over three years, specifically, that your taxes have gone up under Obama, that he's passed the largest tax hikes in history, etc.
2012-07-11 05:39:50 PM
3 votes:

netizencain: BSABSVR: oldfarthenry: netizencain: In part, the tax decline was due to the dramatic decrease in average income that year.

This has nothing to do with Obama.

So Fartbongo doesn't control the economy and shouldn't be blamed for it going bad?

He only controls the bad parts.

The political party that is not yours is responsible for the bad.


2006 High gas prices? You hate Bush? It's Bush's fault
2011 High gas prices? You love Obama? The President doesn't control that.

IT's the same... everywhere. everytime.


Funny how your attempt at a 'both sides are bad' still manages to pin the blame on Democrats.
2012-07-12 05:23:21 AM
2 votes:

Jimmysolson: I just got this email message from some non-believer today.
Is this all a pack of lies?
Should I be at all concerned?
Should I block messages from this person who sent it?

After the announcement by our President to give illegal aliens quasi citizenship by fiat, I looked into the executive orders he has issued in the last three and a half years.

I found this article in Western Journalism that scares me and should frighten all of us.

Get out the vote in November folks!!! This guy is dangerous.....

A Comprehensive List Of Obama's Worst Executive Orders

JUNE 15, 2012 BY LAURIE ROTH


There have been over 900 Executive Orders put forth from Obama, and he is not even through his first term yet. He is creating a martial law 'Disney Land' of control covering everything imaginable. Some of the executive orders he has signed recently have been exposed thanks to 'Friends of Conservative Action Alerts.' They have compiled a choice list of 'Emergency Powers, Martial law executive orders': Get your headache medication out while you still can without a prescription.

* Executive Order 10990 allows the Government to take over all modes of transportation and control of highways and seaports.

* Executive Order 10995 allows the government to seize and control the communication media.

* Executive Order 10997 allows the government to take over all electrical power, gas, petroleum, fuels, and minerals.

* Executive Order 11000 allows the government to mobilize civilians into work brigades under government supervision.

* Executive Order 11001 allows the government to take over all health education and welfare functions.

* Executive Order 11002 designates the Postmaster General to operate a national registration of all persons.

* Executive Order 11003 allows the government to take over all airports and aircraft, including commercial aircraft.

* Executive Order 11004 allows the Housing and Finance Authority to relocate and establish new locations for populations.

* Executive Ord ...


You could block that person, OR you could debunk to them that pile of bullshiat with help from the National Archives website which has indexes of all Executive orders from 1937 to the present.

Executive Orders Disposition Tables Index

Here's the original source of that "information". Note that she even made a correction about her original claims, but surely not before it was FW: FW: FW:'d thousands of times. Link
2012-07-12 12:25:09 AM
2 votes:
Yeah Sherman.Obama started a war over a fictitious threat that cost over a trillion.Under Obama the twin towers were knocked down while he read my pet goat. Obama stated he didn't care about Bin Laden.The economy collapsed under Obama as he was the first to prop up the banking system.
Obama's staff have been involved with countless scandels and when called to explain could nt remember a single thing.Obama tried to rig the justice system to be beholden to his party.God i could go on ad naseum.
The only problem the right has with Obama is he isn't "one of them". That and he has a social conscience.Fear and consumption,the credo of the right.
2012-07-12 12:20:49 AM
2 votes:

GeneralJim: THIS is where our economic troubles need to be corrected -- in the spending end of things.


Please, for the love of Christ, don't ever speak of economic matters from this day forward. Take up macramé or something. You have no f*cking idea what you are talking about and should really move on to a subject you can grasp. Try sports! You call call into sports radio and scream about how some team sucks. You'll love it.

Thanks for your understanding. I'm not calling you stupid, you just choose to talk about a subject you have no idea about. It happens all the time. You'll get over it.
2012-07-12 12:02:12 AM
2 votes:

GeneralJim: THIS is where our economic troubles need to be corrected -- in the spending end of things.


If incomes hadn't been stagnant for 30 years, we wouldn't be having that problem now. And unless income stagnation ends, we're going to have worse problems.
2012-07-11 11:13:25 PM
2 votes:
Drew, forget the politics queue - balete this POS thread!

/and kiss my arse all you chickhawk teabaggers
2012-07-11 11:12:33 PM
2 votes:

giftedmadness: lol

the tea party is mainly gripes about the government SPENDING TOO MUCH, not about being taxed too much. are you serious?


Got it, the Taxed Enough Already Party, wasn't complaining about being taxed enough already. It's a good thing there's smart people like you around to clear this up.
2012-07-11 10:57:22 PM
2 votes:

xen0blue: it's ignorant, stereotyping assholes like you who calls anyone who disagrees with them a racist who are the bigot


1.bp.blogspot.com

action.naacp.org

mokellyreport.files.wordpress.com

images.huffingtonpost.com

farm4.static.flickr.com

/Disagreeing with me does not make them racist, being racist makes them racist.
//Intolerance of intolerance is not bigotry, it's sanity.
2012-07-11 10:47:09 PM
2 votes:
Fluorescent Testicle:
Y'know, I'd actually respect the Teabaggers somewhat if they'd just come out and admit that they can't stand having an uppity n****r in the White House. As much as I hate bigots, I hate liars more. Lying to cover up for bigotry is like how-to-piss-me-off squared.

How about lying and falsely accusing others of bigotry? Are you okay with that, or are you a hypocrite?

OF COURSE you have proof that everyone who doesn't like Obama is a racist, right? Figures from the 2008 election DID show racism --- 95% of blacks voted for Obama. That's the only racism involved systemically.


www.motifake.com
2012-07-11 10:36:26 PM
2 votes:
2012-07-11 10:24:10 PM
2 votes:

MrHelpful: So you blame fox news because your dad is a moron? Interesting.


I said "largely responsible." The guy was obviously already of a weak mindset to be suckered in the first place. FOX just hammered it home for him.

Would you forgive your family member's drug dealer, even though he's not directly responsible? Probably not. And that's how I feel about FOX and the rest of the window-licker diarrhea out there. They galvanize legions of the misinformed, which translates into a negative for society.
2012-07-11 10:15:30 PM
2 votes:

vodka: You pay no taxes when you're unemployed.

Plus, being the first year in office, 99% of any effects you see are due to the last president.


So, you're saying that the high unemployment rate was caused by Bush?
2012-07-11 09:54:48 PM
2 votes:

6655321: The Feds cannot collect taxes from the unemployed. State and local taxes and fees have more than made up the difference.


Yes, the Feds can. Unemployment benefits are taxable.
2012-07-11 09:51:17 PM
2 votes:
and if it wasn't for the Tea Party, 0bama never would have extended the Bush Tax Cuts!

Good work Tea Party!

Good work 0bama - nice to see that you agree that the Bush Tax Cuts are good for the country (otherwise why would he have extended them?)
2012-07-11 08:23:56 PM
2 votes:
Average tax rate? When incomes go down, you drop into a lower bracket. Of course the tax rates on average will be lower.

Those unemployed people are even luckier, their tax rate is 0%!
2012-07-11 06:10:52 PM
2 votes:
Where is the Tea Party now? Calling you a fool.

My mother didn't believe me until I showed her chart with the rates.

Her personal economy was she and step-dad hit the over $250,000 in combined income their first year of marriage due to early retirement, cashing out some vacation, and having to withdraw some cash from their 401K for medical expenses, so they personally had higher tax rates for a while. This was in 2005 though, which I reminded her was before Obama was elected.

Now, she accepted that taxes were really low, but kept saying he was gonna raise taxes soon.

She has said since 2008, that even as a life long Democrat, she "just doesn't trust" Obama. She voted Hillary in the Michigan primary, and I think she's registered might have changed to Independent now.

I finally figured out my mom's a bad in the closet racist though when she admonished my sister for taking my niece to a "nursery run by a black woman" and her little girl was picking up all sorts of "black mannerisms and sass" and then finished it up with "Now I'm not racist but it's just not ok".

Glad I live 2000+ miles away.
2012-07-11 06:10:09 PM
2 votes:
Where is the tea party now?

Probably masturbating to the idea of sentencing a gay muslim socialist to death by stoning.
2012-07-11 06:02:26 PM
2 votes:
we need to redefine how we measure success.
2012-07-11 04:59:05 PM
2 votes:

oldfarthenry: netizencain: In part, the tax decline was due to the dramatic decrease in average income that year.

This has nothing to do with Obama.

So Fartbongo doesn't control the economy and shouldn't be blamed for it going bad?


He only controls the bad parts.
2012-07-12 06:40:05 PM
1 votes:

The First Four Black Sabbath Albums: I'm not voting for Obama for this reason. We have mountains of debt. We are losing public services left and right. Yet, raising taxes is off the table. It's stupid. And, Obama has failed every chance he's had to raise more money.



It's off the table because Republicans will do everything to stop it from happening. They forced Democrats to accept the lower tax rate for a year to get their unemployment extension passed. Right now, Obama is campaigning on it, and he hopes people wake up and vote more Republicans out of office.

This is a stupid thing to get mad at Obama about.
2012-07-12 05:21:43 PM
1 votes:

Bullseyed: Your taxes are lower because you don't have a job. Obama takes credit for giving you a tax cut!


Bullseyed: Xyling: Average tax rate? When incomes go down, you drop into a lower bracket. Of course the tax rates on average will be lower.

Those unemployed people are even luckier, their tax rate is 0%!

Took this far to find an intelligent poster. Sad.


Bullseyed: Taxes were lower because an extra 4% of the country wasn't working. Durrrr.



But, the low rates also reflect measures the Obama administration took to mediate the impact of the recession, including the "Making Work Pay" tax credit and other cuts bundled in the stimulus package.
2012-07-12 03:37:39 PM
1 votes:

Thunderpipes:
Just once, I would like a Democrat to actually reduce spending. We can't fix our issues with revenue. We need to drastically cut spending. Obama is not "saving" money when we will get 10 trillion in debt added during his tenure. Promising poor, dumb people free stuff gets Democrats votes. Just hurts the country.


Yeah, he's a big spender. And that Clinton guy, what a spendaholic he was.

Shut up, you farking ass.
2012-07-12 09:19:11 AM
1 votes:
Ofcourse, when 50% pay nothing it tends to skew the average... wait till the Obamacare taxes kick in
2012-07-12 05:22:36 AM
1 votes:

Krikkitbot: netizencain: In part, the tax decline was due to the dramatic decrease in average income that year.

This has nothing to do with Obama.

I was coming in to quote this from the FA.

Hey, you are paying less in taxes because you made less money this year, ain't Obama awesome?!

\That's called spin.


Here's one more for the spin cycle:

Since, as Obama had repeatedly claimed, he inherited the recession then it would make sense that Bush is responsible for tax decline.
2012-07-12 02:17:40 AM
1 votes:

G-Rot: >

Hey look, that was three years ago during Obama's first year in office when he had nothing to do with said tax rate.

/So you CAN thank Bush
//and the Republicans
///moron


Oh cute, another illiterate who got mommy to read part of the article for him. Go smack her upside the head, she left THIS part out:
Although figures are only available through 2009, the CBO expects to see the historic lows maintained through 2010 and 2011.

To be fair, it WAS in the second half of the second paragraph, and she was on a tight schedule. I TOLD her what I'd do if she was late with my sandwich again.
2012-07-12 01:16:15 AM
1 votes:

FlashHarry: Krikkitbot: netizencain: In part, the tax decline was due to the dramatic decrease in average income that year.

This has nothing to do with Obama.

I was coming in to quote this from the FA.

Hey, you are paying less in taxes because you made less money this year, ain't Obama awesome?!

\That's called spin.

also FTA: But, the low rates also reflect measures the Obama administration took to mediate the impact of the recession, including the "Making Work Pay" tax credit and other cuts bundled in the stimulus package. The lowest fifth of earners saw the most dramatic decrease, paying an average tax rate of 1 percent compared to 5.1 percent in 2007.

either way it flies in the face of the teabaggers' "taxed enough already" bullshiat.


To all you farking farkers who talk about OTHER people needing to pay "their fair share"...if you are part of the 50% who pay nothing feel free to STFU and DIAF. I am sick of paying for people to smoke and shiat out more kids.

If you are paying half your money to Uncle Sam like us working stiffs, then feel free to comment.
2012-07-12 12:30:51 AM
1 votes:
I say end the War On Drugs, or at the very least the war on pot. Legalize it and tax the hell out of it. That creates a huge revenue stream, and cuts the cost of law enforcement. It's ridiculous that pot is lumped in with coke, heroin, crack, meth, etc. Watch an episode of Mike and Molly sometime. Her sister is a total pothead on the show, and it's hilarious. Not so much if she's snorting/injecting herself.

Second, I actually agree with GeneralJim. Cut the hell out of our military budget, we should not have troops in countries if we aren't reimbursed for protecting them.

One more thing. TenP0unds0fCheese is a worthless COCK.
2012-07-12 12:24:23 AM
1 votes:

The Beatings Will Continue Until Morale Improves: Really the only thing Romney has to do to get Teabaggers to vote for him is to be white.


The Tea Party candidate was Herman Cain. I guess that means you must be a great big giant farking idiot.
2012-07-12 12:12:10 AM
1 votes:
Debating with a Repulican is like teaching a pig to dance.It only frustrates you and angers the pig.
2012-07-12 12:06:42 AM
1 votes:

lockers: Kenny B: Blame Bush?

Actually, I blame the 30 year credit bubble that burst. Everyone was along on that ride. But sure, let's focus on the happenstance.


George W. Bush, Mitchell McConnell, John Boehner and the GOP Bankrupted America

*The "Great" recession
*SEC fiasco (Madoff, et al)
*costly blunder known as Medicare part D
*massive tax cuts without spending cuts
*numerous unfunded mandates imposed on the states
*not one veto of a spending bill in 6 years
*Wall Street bailout

Bush Administration worst fiscal disaster in US history
http://www.foreignaffairs.com/articles/66778/roger-c-altman-and-richa r d-n-haass/american-profligacy-and-american-power

Economic Damage Caused by Bush and the GOP
http://www.theatlantic.com/politics/archive/2009/09/closing-the-book- o n-the-bush-legacy/26402

8 Years of Failure
http://www.time.com/time/specials/packages/article/0,28804,1872229_18 7 2230_1872231,00.html

Bush/Boehner/McConnell $700 billion bailout
http://www.cnn.com/2008/POLITICS/09/24/bush.bailout/index.html

Bush/Boehner/McConnell bailout rewards the cheaters
http://www.denverpost.com/business/ci_7655582

What Bush Learned From Enron: How to hide an $87 billion debt by pretending it's off the books.
http://slate.msn.com/id/2088318/

Is Bush a socialist? He's spending like one
http://www.timesonline.co.uk/tol/news/article570387.ece

Bush pleads with China and Japan to save him from his economic failures.
http://www.usatoday.com/news/washington/2003-10-19-bush-china-japan_x . htm

Bush White House Philosophy Stoked Mortgage Bonfire
http://www.nytimes.com/2008/12/21/business/21admin.html?_r=1&em=&page w anted=all
http://www.washingtonpost.com/wp-dyn/content/article/2008/02/13/AR200 8 021302783.html
http://www.whitehouse.gov/news/releases/2002/06/20020617-2.html
http://www.whitehouse.gov/news/releases/2002/10/20021015-7.html
http://www.whitehouse.gov/news/releases/2003/12/20031216-9.html
http://georgewbush-whitehouse.archives.gov/news/releases/2004/08/2004 0 809-9.html

Bush's Minority Homeownership Plan Rests Heavily on Fannie and Freddie (2006)
http://realtytimes.com/rtpages/20020624_bushplan.htm
http://www.allbusiness.com/government/government-bodies-offices-heads / 5944494-1.html
http://www.usatoday.com/money/perfi/housing/2004-01-20-fha_x.htm

Community Reinvestment Act not to blame for Bush's crisis
http://www.prospect.org/cs/articles?article=did_liberals_cause_the_su b prime_crisis
http://www.slate.com/id/2201641/pagenum/all/%23page_start
http://www.businessweek.com/investing/insights/blog/archives/2008/09/ c ommunity_reinvestment_act_had_nothing_to_do_with_subprime_crisis.html
http://blogs.wsj.com/economics/2008/12/03/feds-kroszner-defends-commu n ity-reinvestment-act/

The $10 trillion hangover: paying the price for 8 years of Bush
http://harpers.org/archive/2009/01/0082337
http://www.autoblog.com/2009/06/09/cheney-bush-left-gm-bankruptcy-for - the-next-guy/

Bush Administration waste and fraud
http://seattlepi.nwsource.com/national/1152ap_wartime_spending_oversi g ht.html?source=mypi

In June 1995, Boehner distributed campaign contributions from tobacco industry lobbyists on the House floor as House members were weighing how to vote on tobacco subsidies.[19] In a 1996 documentary by PBS called The People and the Power Game, Boehner said "They asked me to give out a half dozen checks quickly before we got to the end of the month and I complied. And I did it on the House floor."

On September 18, 2008, Congressman Boehner attended a closed meeting with congressional leaders, then-Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke, and was urged to craft legislation to help financially troubled banks. That same day (trade effective the next day), Congressman Boehner cashed out of an equity mutual fund.[31]

On October 3, 2008 Boehner voted in favor of the Troubled Asset Relief Program (TARP),[32] believing that the enumerated powers grant Congress the authority to "purchase assets and equity from financial institutions in order to strengthen its financial sector."
2012-07-11 11:36:06 PM
1 votes:

Omnivorous: All you über rich 1%'rs (those making over $250k), rich by obama standards, should be glad the Tea Party is in a position to keep this tax and waster in check.

Just like I thank the NRA for gun control. The TEA party assholes were the first to push for wars in Iraq, Iran and Afghanistan "because they would pay for themselves." That's Dickhead Cheney's line too.


Even though I'm against gun control, I don't care for the NRA...but don't drag the TEA Party into the wars. At least, not those early TEA Partiers. Those guys tended to be Ron Paul nuts. Say what you will about them, but they aren't keen on this American Empire nonsense, and were unhappy with mainstream Republicans as well as Democrats. I blame them for not throwing a fit when it was clear the Republican party was taking over, though. "Oh, but it's giving us more exposure!" Yeah, how's that going for you, Skippy?
2012-07-11 11:20:44 PM
1 votes:

KimNorth: Did anyone R-E-A-D the story? The reason for lower taxes paid was because no one has a job......

Subby trolled you, you got trolled.


actually it says that the taxes are 4% lower on the bottom 50% too. but you're free to omit that if you like.
2012-07-11 11:14:56 PM
1 votes:

fragMasterFlash: Drew, forget the politics queue - balete this POS thread!


Good call. I've never even seen half of these shills before.
2012-07-11 11:09:25 PM
1 votes:
All you über rich 1%'rs (those making over $250k), rich by obama standards, should be glad the Tea Party is in a position to keep this tax and waster in check.

Just like I thank the NRA for gun control. The TEA party assholes were the first to push for wars in Iraq, Iran and Afghanistan "because they would pay for themselves." That's Dickhead Cheney's line too.
2012-07-11 10:58:02 PM
1 votes:
The Tea Party is the reason for the low taxes. We put them there after obama strong armed, lied and bribed his democrats into a socialized big govt health package that 60% of Americans didn't want. That being the law now, thanks to the dems new friend Roberts and his chief justicing (slang for doing something wrong just so libs won't hate you). You're about to see a bunch of taxes dropped square on the backs of the working middle class. obama should've been focused on jobs and the economy instead of figuring out a way to create a larger govt. That said, here's your tax.
Here's some things that also happened in the last 3 years under obama. 13 million people unemployed. He said he was going to fix that, what's taking him so long? Unemployment for blacks is 14.4%. Hey black people, you helped elect the first black president, Clinton. Then the first gay president, obama. Are you better off now with the hopey/changy crap? Here's a milestone for obama, 45 million Americans on foodstamps or some taxpayer funded benifit program. What's the tally for large cities filling for bankruptcy under obama, 2/3/4?
All you über rich 1%'rs (those making over $250k), rich by obama standards, should be glad the Tea Party is in a position to keep this tax and waster in check. The alternative is obama sucking this country dry so he can pay off his friends.
2012-07-11 10:43:03 PM
1 votes:
To be fair, for teabaggers, being taxed at all qualifies as "enough". It's stupid, but it's true.
2012-07-11 10:35:36 PM
1 votes:
Forget the recession and lower incomes. The farking income tax rates that Americans are paying today are as low as they have been at any point in modern history. You'd have to go back to prior to the outbreak of World War II to find a time when Americans were paying lower income tax rates than they are paying right now. (The only exception to this was a brief period at the end of the Reagan administration, when the highest tax bracket had its rate lowered to 29%. This lasted only a few years until Washington was sane enough to realize that it was not sustainable, at which point it was raised again.)

This is a fact.

There is no "Yes, but Rush..." or "Yes, but Jesus..." that you can pull out of your hat to refute this.

And yet people, for whatever reason, are convinced that their income taxes have never been higher. Do we have any of these geniuses in residence? If so, can you please tell us when Obama raised your taxes, and by how much?
2012-07-11 10:34:34 PM
1 votes:
lol

the tea party is mainly gripes about the government SPENDING TOO MUCH, not about being taxed too much. are you serious?
2012-07-11 10:34:18 PM
1 votes:
Good thing the wars on drugs and terror are helping to fuel such a strong economy. Time to declare some more wars, huh?
2012-07-11 10:33:39 PM
1 votes:
Democrats = The party of the uneducated.

anyone else can read between the lines.
2012-07-11 10:33:17 PM
1 votes:
Tax credits are not the same thing as lowered taxes or tax deductions. They're subsidies paid to anyone who qualifies, whether or not they pay any net taxes. Handing money to someone who didn't pay any taxes isn't a tax cut, it's a welfare program with a Newspeak name.
2012-07-11 10:31:46 PM
1 votes:

netizencain: 2006 High gas prices? You hate Bush? It's Bush's fault


I don't recall any liberals blaming Bush for the high gas prices--we we more like "It's your fault you bought a @#$%^&*! Hummer, you moran!"
2012-07-11 10:31:17 PM
1 votes:

mitchcumstein1:

If someone blames the President of the United States for high gas prices they are too stupid to live.


Anyone who says Obama is a socialist is too stupid to live.
2012-07-11 10:25:20 PM
1 votes:

DIGITALgimpus: People forget. We are not an agricultural country anymore. We're not even industrial. Our economy is increasingly dependent on people's discretionary income. If people have no discretionary income, our economy has no customers. It's that simple.


If Americans run out of discretionary money, I'm moving back to Mexico. It will probably be safer.
2012-07-11 10:24:29 PM
1 votes:

DarwiOdrade: vodka: You pay no taxes when you're unemployed.

Plus, being the first year in office, 99% of any effects you see are due to the last president.

So, you're saying that the high unemployment rate was caused by Bush?


It was caused by the American people when they elected a oil executive as president and he started a war to cause the rise to $4/gallon gas, both of which which the US have not recovered from.
2012-07-11 10:17:45 PM
1 votes:

vodka: Plus, being the first year in office, 99% of any effects you see are due to the last president.


So you admit 9/11 happened under Clinton's watch?

2012-07-11 10:14:54 PM
1 votes:

BigNumber12: And the national budget is deep in the red every year! Hooray!


I'd actually be okay with higher taxes if it helped out the country. I would like to see better education, medicine, and social services. It's unusual that this sort of love of country seems to fly in the face of the Republican's love of country.
2012-07-11 10:10:47 PM
1 votes:

The Beatings Will Continue Until Morale Improves: Really the only thing Romney has to do to get Teabaggers to vote for him is to be white.


And the blacks will vote for Obama because?????

He's black, no other reason.
2012-07-11 10:09:36 PM
1 votes:

mitchcumstein1: netizencain: 2006 High gas prices? You hate Bush? It's Bush's fault
2011 High gas prices? You love Obama? The President doesn't control that.

IT's the same... everywhere. everytime.

If someone blames the President of the United States for high gas prices they are too stupid to live.


I thought the initial rise was perfectly fine to blame on Bush. You simultaneously start two wars in oil country and then mismanage the fark out of them, it's your fault when prices go up. After the speculating vultures dove in though, it was out of his hands. The initial fark up I will always blame on that sack of shiat though.
2012-07-11 10:03:34 PM
1 votes:

Xyling: Average tax rate? When incomes go down, you drop into a lower bracket. Of course the tax rates on average will be lower.

Those unemployed people are even luckier, their tax rate is 0%!


As someone who was on employment a couple years ago... WRONG.
2012-07-11 10:01:17 PM
1 votes:

tenpoundsofcheese: and if it wasn't for the Tea Party, 0bama never would have extended the Bush Tax Cuts!

Good work Tea Party!

Good work 0bama - nice to see that you agree that the Bush Tax Cuts are good for the country (otherwise why would he have extended them?)


Revised History - The best history!
2012-07-11 09:58:29 PM
1 votes:
netizencain: IT's the same... everywhere. everytime.

best part....forever.
2012-07-11 09:56:49 PM
1 votes:
When I was making 30k per year less than I am now, I was also paying a lower tax rate.

Nice way to spin "people are making a farkton less money" into a positive for obama.
2012-07-11 09:53:28 PM
1 votes:

netizencain: In part, the tax decline was due to the dramatic decrease in average income that year.

This has nothing to do with Obama.


I'm calling PETA, you have to give that chicken a break every once in awhile.
2012-07-11 09:53:07 PM
1 votes:

netizencain: In part, the tax decline was due to the dramatic decrease in average income that year.

This has nothing to do with Obama.


Yes, more people qualified for lower tax brackets, but Obama's policies are also geared towards lowering taxes for the middle class.
2012-07-11 09:49:39 PM
1 votes:
It was the Bush rates.
2012-07-11 09:29:34 PM
1 votes:

EnviroDude: When half of the people pay no income taxes, this is a shock?



Thread-sh*tting Teabagger - drink!
2012-07-11 06:33:11 PM
1 votes:
Where is your Tea Party now?

mgoblog.com
I've got a basic idea... Or else their grandchildren are visiting for the week.
2012-07-11 06:13:32 PM
1 votes:

kronicfeld: As the article makes clear, this is primarily due to the recession and declining incomes


Except for this part:

But, the low rates also reflect measures the Obama administration took to mediate the impact of the recession, including the "Making Work Pay" tax credit and other cuts bundled in the stimulus package
2012-07-11 06:11:35 PM
1 votes:

EnviroDude: Why don't they pay income taxes? Because their income is too low?


Maybe the job creators should pay them higher wages.
2012-07-11 06:08:40 PM
1 votes:
When half of the people pay no income taxes, this is a shock?

Why don't they pay income taxes? Because their income is too low? It certainly isn't because they are making millions in the stock market and able to itemize deductions down to zero.
2012-07-11 04:20:36 PM
1 votes:

oldfarthenry: netizencain: In part, the tax decline was due to the dramatic decrease in average income that year.

This has nothing to do with Obama.

So Fartbongo doesn't control the economy and shouldn't be blamed for it going bad?


Whoa whoa whoa. Let's not get crazy here.
 
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