Bush's dividend plan, you=$ then you=win

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Veteran X
Code: 
 Income       % Qualifying     Avg Credit

   0k - 50k    16.21%           $1,726
 50k - 100k    41.31%           $2,668
100k - 200k    67.24%           $4,982
200k - 500k    84.86%          $12,272
500k - 1mil    92.59%          $30,135    
1mil +         95.55%         $129,454


:boohoo: poor people.
 
its really a very good plan..
it shows up as helping the rich because it cuts taxes dealing with the stock market.. but this translates into better business success and cheaper prices for everyone. + it helps the elderly because all their social security and stuff is invested..
 
Wren said:
uh

credibility at it's finest....
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From Table 1.2--1999, Individual Income Tax, All Returns: Adjusted Gross Income, Exemptions, Deductions, and Tax Items, by Size of Adjusted Gross Income and by Marital Status.

Most current data I could find at www.irs.gov.

:sunny:
 
Do I need to break out the story about the 10 guys who ate lunch together?
 
I heard Bush's new tax plan gives something like a 1% return to people around 25k and a 4% return to those over 325k

fair?
 
Data said:
Do I need to break out the story about the 10 guys who ate lunch together?
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Do I need to post the graph for income increases per quintile 1980-present?

:bountydan
 
Stig said:
I heard Bush's new tax plan gives something like a 1% return to people around 25k and a 4% return to those over 325k

fair?
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You see that 16.21% to the right of 0-50k? That means that 83.79% of the people who make 0-50k would get a return of 0%.

:razz: poor people.
 
Poor people are a source of wealth that create thousands of jobs.. What a fucking idiot that Bush is! :mofo:
 
I agree with this plan. Helping the wealthy with increased tax breaks has always been good for our economy. Since they don't hoard their money in banks and kill to prevent redistribution of the wealth, the money should eventually "trickle down" to the less fortunate americans. After all, its worked before.
 
Hey, I'm not rich, but I understand the economics behind a system like that. :shrug:
 
http://people.msoe.edu/~beckerb/Fun/taxes.html

An economist was having lunch with one of his friends last week and the conversation turned to the government's recent round of tax cuts.

"I'm opposed to those tax cuts," the retired college professor declared, "because they benefit the rich. The rich get much more money back the ordinary taxpayers like you and me and that's not fair."

"But the rich pay more in the first place," the economist argued, "so it stands to reason that they'd get more money back."

He could tell that his friend was unimpressed by this meager argument. Even college professors are a prisoner of the myth that the "rich somehow get a free ride in America. Nothing could be further from the truth.

Let's put tax cuts in terms everyone can understand. Suppose that every day 10 men go to a restaurant for dinner. The bill for all ten comes to $100. If it was paid the way we pay our taxes, the first four men would pay nothing; the fifth would pay $1; the sixth would pay $3; the seventh $7; the eighth $12; the ninth $18. The tenth man (the richest) would pay $59.

The 10 men ate dinner in the restaurant every day and seemed quite happy with the arrangement until the owner threw them a curve. "Since you are all such good customers," he said," I'm going to reduce the cost of your daily meal by $20. Now dinner for the 10 only costs $80."

The first four are unaffected. They still eat for free. Can you figure out how to divvy up the $20 savings among the remaining six so that everyone gets his fair share? The men realize that $20 divided by 6 is $3.33 but if they subtract that from everybody's share, then the fifth man and the sixth man would end up being paid to eat their meal.

The restaurant owner suggested that it would be fair to reduce each man's bill by roughly the same amount, and he proceeded to work out the amounts each should pay. And so now the fifth man paid nothing, the sixth pitched in $2, the seventh paid $5, the eighth paid $9, the ninth paid $12, leaving the tenth man with a bill of $52 instead of $59.

Outside the restaurant, the men began to compare their savings. "I only got a dollar out the $20," complained the sixth man, pointing to the tenth, "and he got $7!" "Yeah, that's right," exclaimed the fifth man. "I only saved a dollar, too. It's unfair that he got seven times more than me!" "That's true" shouted the seventh man. "Why should he get $7 back when I got only $2? The wealthy get all the breaks!"

"Wait a minute," yelled the first four men in unison. "We didn't get anything at all. The system exploits the poor." The nine men surrounded the tenth and beat him up. The next night he didn't show up for dinner, so the nine sat down and ate without him. But when it came time to pay the bill, they discovered something important.

They were $39 short!

And that, boys, girls and college professors, is how America's tax system works. The people who pay the highest taxes get the most benefit from a tax reduction. Tax them too much, attack them for being wealthy, and they just may not show up at the table any more. There are lots of good restaurants in Switzerland and the Caribbean!
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:shrug:
 
Oops looks like the trickle down didn't trickle all that far. We must do more to protect the top 1% who are in desperate need of help!

divdec3.gif
 
Why not propose a tax break plan that only benefits the poor and elderly? Why do the wealthy have to be included at all in a tax break plan? I say fuck them. They have enough, and if they are good at what they do, they should still be able to keep their wealth and live lavishly. However, if they suck and lose their buisiness and their money, luckily someone had the presence of mind to make a tax break for the poor.
 
I remember watching Fox news @ about 4am here in the UK with cavuto, he said the same thing about the people at the dinner table, Data :f
 
yidd1sh said:
I agree with this plan. Helping the wealthy with increased tax breaks has always been good for our economy. Since they don't hoard their money in banks and kill to prevent redistribution of the wealth, the money should eventually "trickle down" to the less fortunate americans. After all, its worked before.
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Perhaps you'd like to refer to the graph of the last 20 years, unless you mean by "worked before" "worked before for people who aren't poor".
 
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