Posted on 04/20/2011 5:04:56 AM PDT by Biggirl
There has been a lot of discussion concerning where the money really is on conservative blogs, the Wall Street Journal and the Rush Limbaugh show. I heard Limbaugh discuss the subject during his first hour yesterday and I thought his presentation was a bit confusing to listeners.
(Excerpt) Read more at radioviceonline.com ...
This thread has certainly been enlightening.
try to explain any of thi to a dem, they’ll never believe it
Thi has always been a mystery to me.
“try to explain any of this to a dem, they’ll never believe it”
Granted trying to explain *any* aspect of reality to a dem is probably a waste of time, but here’s the salient point:
The total amount of taxes collected from all individuals in 2008 was 1.023 trillion.
If we doubled *everybody’s* taxes, we’d collect an additional $1.023 trillion (while destroying the economy), which would still leave us about a half-trillion short.
In other words, under Obama’s regime, we couldn’t pay for his spending spree even if we doubled everybody’s taxes - in fact, with double the tax burden, our deficit with Obama would still be worse than Bush’s average deficit.
Now I want some donkey to tell me we’ve got a revenue problem, not a spending problem.
Could we move this to Bloggers please?
Not clicking on “radio vice” whatever that is.
*If you’re targeting the “really rich” like President Obama is doing – those earning more than $1 million – you’re talking about 350,000 returns … only one-quarter of 1 percent of the returns.*
I wish more people understood this. "The Rich" sounds like Santa Claus, who can solve all of our revenue problems if they would only "share" a bit more. It is not a large number of people in terms of our entire country.
I bet (without looking it up) that ten times as many tax filers get "earned income tax credits", ie. wealth redistribution, from the IRS each year in their "refunds."
lol ‘this’ sorry,my laptop keyboard is down. i’m too tight to buy a new one until the whole sucker breaks.
Rather than passing through a blog.
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