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Re: Obama smallest spender since Eisenhower
Posted: Fri Aug 17, 2012 12:41 am
by Phatscotty
So who is responsible for spending this much money? Ulysses S. Grant???
Re: Obama smallest spender since Eisenhower
Posted: Sat Aug 18, 2012 8:46 am
by PLAYER57832
Night Strike wrote:PLAYER57832 wrote:Night Strike wrote:How many times on this forum must we disprove the exact same statement?
OK, try this on for size. What was the highest income tax rate under Reagan?
under Clinton?
It was 70%......he cut it to 28%. Today it's 35% (and Obama wants it a minimum of 39.6%).
Who, Clinton or Reagan?
And where is your evidence that Obama wants a minimum of 39.6% income tax?
Also, what would the tax rate be on average Americans under Obama? Who would pay that highest rate?
Re: Obama smallest spender since Eisenhower
Posted: Sat Aug 18, 2012 9:28 am
by Night Strike
PLAYER57832 wrote:Night Strike wrote:PLAYER57832 wrote:Night Strike wrote:How many times on this forum must we disprove the exact same statement?
OK, try this on for size. What was the highest income tax rate under Reagan?
under Clinton?
It was 70%......he cut it to 28%. Today it's 35% (and Obama wants it a minimum of 39.6%).
Who, Clinton or Reagan?
And where is your evidence that Obama wants a minimum of 39.6% income tax?
Also, what would the tax rate be on average Americans under Obama? Who would pay that highest rate?
Reagan cut them.
Obama wants the current tax rates to expire on the top tax bracket, which returns that rate to 39.6%.
The average American would pay closer to 15% if all the tax rates expire, 10% if they don't. The highest rate applies to incomes over $200,000 for individuals.
Re: Obama smallest spender since Eisenhower
Posted: Sat Aug 18, 2012 9:33 am
by PLAYER57832
Night Strike wrote:PLAYER57832 wrote:Night Strike wrote:PLAYER57832 wrote:Night Strike wrote:How many times on this forum must we disprove the exact same statement?
OK, try this on for size. What was the highest income tax rate under Reagan?
under Clinton?
It was 70%......he cut it to 28%. Today it's 35% (and Obama wants it a minimum of 39.6%).
Who, Clinton or Reagan?
And where is your evidence that Obama wants a minimum of 39.6% income tax?
Also, what would the tax rate be on average Americans under Obama? Who would pay that highest rate?
Nope.. I asked for EVIDENCE, not just reiteration of what you already stated.
Re: Obama smallest spender since Eisenhower
Posted: Sat Aug 18, 2012 9:37 am
by Night Strike
PLAYER57832 wrote:Night Strike wrote:PLAYER57832 wrote:Night Strike wrote:PLAYER57832 wrote:OK, try this on for size. What was the highest income tax rate under Reagan?
under Clinton?
It was 70%......he cut it to 28%. Today it's 35% (and Obama wants it a minimum of 39.6%).
Who, Clinton or Reagan?
And where is your evidence that Obama wants a minimum of 39.6% income tax?
Also, what would the tax rate be on average Americans under Obama? Who would pay that highest rate?
Reagan cut them.
Obama wants the current tax rates to expire on the top tax bracket, which returns that rate to 39.6%.
The average American would pay closer to 15% if all the tax rates expire, 10% if they don't. The highest rate applies to incomes over $200,000 for individuals.
Nope.. I asked for EVIDENCE, not just reiteration of what you already stated.
Every single speech where Obama states he wants the "Bush tax cuts for the wealthy" to expire. Before those tax cuts, the top rate was 39.6%. After those tax cuts, the top rate was 35%. Therefore, when those cut rates (the current rates) expire, the top tax rate goes up to 39.6%.