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Old 02-22-2012, 12:52   #1
Pete
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Invest in America

Invest in America - it's good for government

Obama's Dividend Assault

http://online.wsj.com/article/SB1000...LEFTTopStories

".............Keep in mind that dividends are paid to shareholders only after the corporation pays taxes on its profits. So assuming a maximum 35% corporate tax rate and a 44.8% dividend tax, the total tax on corporate earnings passed through as dividends would be 64.1%...................."

&

".........Of course, the White House wants everyone to know that this new rate would apply only to those filthy rich individuals who make $200,000 a year, or $250,000 if you're a greedy couple. We're all supposed to believe that no one would be hurt other than rich folks who can afford it. .............."

Back to work slaves - the government needs it's fix.

And now for the lighter side

Chart of the Week: Nearly Half of All Americans Don’t Pay Income Taxes

http://blog.heritage.org/2012/02/19/...-income-taxes/

"..............“One of the most worrying trends in the Index is the coinciding growth in the non-taxpaying public,” wrote Heritage authors Bill Beach and Patrick Tyrrell. “The percentage of people who do not pay federal income taxes, and who are not claimed as dependents by someone who does pay them, jumped from 14.8 percent in 1984 to 49.5 percent in 2009.”......"
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Old 02-22-2012, 17:43   #2
Badger52
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Quote:
Originally Posted by Pete View Post
And now for the lighter side

Chart of the Week: Nearly Half of All Americans Don’t Pay Income Taxes

http://blog.heritage.org/2012/02/19/...-income-taxes/
Quote:
“This trend should concern everyone who supports America’s republican form of government,” Beach and Tyrrell wrote. “If the citizens’ representatives are elected by an increasing percentage of voters who pay no income tax, how long will it be before these representatives respond more to demands for yet more entitlements and subsidies from non-payers than to the pleas of taxpayers to exercise greater spending prudence?”
As usual, a government that would rob Peter to pay Paul can always count on support from Paul.

What if Atlas shrugs...?
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Old 02-22-2012, 18:00   #3
Streck-Fu
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Forget gold, I buy lead.
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Si vis pacem, para bellum
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Old 02-22-2012, 18:17   #4
tonyz
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We have the templates for success as a nation.

"The national budget must be balanced. The public debt must be reduced; the arrogance of the authorities must be moderated and controlled. Payments to foreign governments must be reduced. If the nation doesn't want to go bankrupt, people must again learn to work, instead of living on public assistance." – Marcus Tullius Cicero, 55 BC

"We contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle." – Winston Churchill (1903)
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Old 02-23-2012, 17:17   #5
alright4u
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Well Stated Email.

This was from a friend.

The folks who are getting the free stuff don't like the folks who are paying for the free stuff, because the folks who are paying for the free stuff can no longer afford to pay for both the free stuff and their own stuff.

And, the folks who are paying for the free stuff want the free stuff to stop.

And the folks who are getting the free stuff want even more free stuff on top of the free stuff they are already getting!

Now... the people who are forcing the people who pay for the free stuff have told the people who are RECEIVING the free stuff that the people who are PAYING for the free stuff are being mean, prejudiced, and racist.

So... the people who are GETTING the free stuff have been convinced they need to hate the people who are paying for the free stuff by the people who are forcing some people to pay for their free stuff and giving them the free stuff in the first place.

We have let the free stuff giving go on for so long that there are now more people getting free stuff than paying for the free stuff.

Now understand this. All great democracies have committed financial suicide somewhere between 200 and 250 years after being founded. The reason?

The voters figured out they could vote themselves money from the treasury by electing people who promised to give them money from the treasury in exchange for electing them.
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