Tax Cut Deal Shows Obama Has to Work With GOP

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Jeff, Atheism is the most irrational psuedo-religion ever created. I use the word psuedo-religion because like other religion it requires faith and opposes other theologies that differ from its own.

FYI: I'm a scientist with a masters from Columbia University.

Atheism claims to believe in physics, science, and "rational" thought. Yet Atheists believe in "randomness creation." There is no evidence or experimental data that shows how base elements can form into amino acids and then those amino acids can form into RNA or DNA on their own in conditions similar to those found on a primordial Earth. The Miller experiments were proven to not work in newer, more enlightened understandings of actual primordial conditions on Earth. Scientists have NEVER been able to setup an experiment where, without any help, basic primordial elements and molecules create life on their own. Yet Atheists have FAITH that somehow this happened even though scientific evidence doesn't support this form of thought. Athiests aren't being rational, they are a faith-based group.

Athiesm also believes that the Big Bang originated from conditions not linked to an intelligence. Atheists believe that the Big Bang, the creation of the Universe came into being through randomness. There is no scientific evidence showing that a universe can randomly be formed along with the laws of physics. The Athiests have FAITH in the idea of a randomly started big bang.

Modern intelligence beings have proven that the can create life. Humans are now creating life, bacteria, independent of evolution. This new form of life is the first scientific evidence that DNA and RNA can come into existence through intelligent beings without traditional evolution. This is a fact. Atheists believe that only humans could ever produce life in a lab at a rate far faster than natural evolution. They believe this is a "one off" event. The Aethists refuse to rationally believe that in the next 100 years human-created life will be the majority source of organism development, not slow evolution. Atheists aren't accepting proven fact. Creationists believe that humans aren't the center of the universe, they are not humanists. Creationists and Christians believe that an advance creator created life just as the humans are now creating life. This is rational and backed up with evidence. By the way, the human created bacteria can be made without radioactive markers and if placed in a petri dish, the humanists would claim the bacteria came from evolution and not a lab. Human-created life can easily have it's origins ignored by the humanist Atheists just as the Creator's life origins are ignored by the humanists. :)

Truth Teller of MA 6:49AM December 08, 2010

Why ??

Bill Hedges of MO 9:30PM December 07, 2010

Why twice did you put same comment here ?

Bill Hedges of MO 9:18PM December 07, 2010

The Kennedy tax cuts”

“President Hoover dramatically increased tax rates in the 1930s and President Roosevelt compounded the damage by pushing marginal tax rates to more than 90 percent. Recognizing that high tax rates were hindering the economy, President Kennedy proposed across-the-board tax rate reductions that reduced the top tax rate from more than 90 percent down to 70 percent. What happened? Tax revenues climbed from $94 billion in 1961 to $153 billion in 1968, an increase of 62 percent (33 percent after adjusting for inflation).”

“The Reagan tax cuts”

“Thanks to "bracket creep," the inflation of the 1970s pushed millions of taxpayers into higher tax brackets even though their inflation-adjusted incomes were not rising. To help offset this tax increase and also to improve incentives to work, save, and invest, President Reagan proposed sweeping tax rate reductions during the 1980s. What happened? Total tax revenues climbed by 99.4 percent during the 1980s, and the results are even more impressive when looking at what happened to personal income tax revenues. Once the economy received an unambiguous tax cut in January 1983, income tax revenues climbed dramatically, increasing by more than 54 percent by 1989 (28 percent after adjusting for inflation).’

http://www.heritage.org/research/reports/2003/08/the-historical-lessons-of-lower-tax-rates

Well, CBO says rich paid more taxes with Bush tax cuts:

“According to the non-partisan Congressional Budget Office (CBO), the Bush tax cuts actually shifted the total tax burden farther toward the rich so that in 2000-2004, total income tax paid by the top 40% of income-earners grew by 4.6% to 99.1% of the total.”

http://www.americanthinker.com/2010/03/lying_about_bushs_tax_cuts.html

“The Soak-the-Rich Catch-22”

“Since 1978, the U.S. has cut the highest marginal earned-income tax rate to 35% from 50%, the highest capital gains tax rate to 15% from about 50%, and the highest dividend tax rate to 15% from 70%. President Clinton cut the highest marginal tax rate on long-term capital gains from the sale of owner-occupied homes to 0% for almost all home owners. We’ve also cut just about every other income tax rate as well.”

“During this era of ubiquitous tax cuts, income tax receipts from the top 1% of income earners rose to 3.3% of GDP in 2007 (the latest year for which we have data) from 1.5% of GDP in 1978. Income tax receipts from the bottom 95% of income earners fell to 3.2% of GDP from 5.4% of GDP over the same time period. (See the nearby chart).”

http://cliftonchadwick.wordpress.com/2010/08/03/the-soak-the-rich-catch-22/

Bill Hedges of MO 9:15PM December 07, 2010

By rich, I mean those making over $10 million per year. Basically they (the rich) decided to buy as many Republican congressmen as possible, get as much of their money back in tax cuts, wait until the deficits destroy America, and jump ship to a new country. They recently bought a news station (guess which one) to convince others to vote republican and play down their little scheme.

Obama should know better. This compromise shows that we need to elect a new Democrat president in 2012. Obama has failed.

Trickle down economics is working as follows. The tax cuts and money are given to the rich (those making $10million or more per year). The rich take the money OUT of America and invest in BRIC countries building capital using cheap labor. The rich then make more profit. The rich aren't reinvesting in America. The rich are DECOUPLING from America.

Get ready for the rich to eventually change their nationality to another country once American deficits get so large that "traditional" conservative republicans decide to raise taxes because "trickle down" didn't work (all the money trickles down overseas from America). Then we will finally raise taxes and the rich will go to another country to be citizens (think some tropical island such as is already done for yatchs and cruise lines). Then the working poor (no more middle class) will be stuck with the bill for all the rich people's tax breaks. Surprising how so many "average working" republicans can be bought off with a little tax break for them.

We are witnessing the final SUCKING SOUND of the American dream being carted off to COMMUNIST CHINA by the "Republican idiots for free trade" with COMMUNIST EVIL COUNTRIES that HATE FREE SPEECH and ALL AMERICA STANDS FOR. This tax policy shows we are doomed as a country.

In_dependent of MA 8:48PM December 07, 2010

By rich, I mean those making over $10 million per year. Basically they (the rich) decided to buy as many Republican congressmen as possible, get as much of their money back in tax cuts, wait until the deficits destroy America, and jump ship to a new country. They recently bought a news station (guess which one) to convince others to vote republican and play down their little scheme.

Obama should know better. This compromise shows that we need to elect a new Democrat president in 2012. Obama has failed.

Trickle down economics is working as follows. The tax cuts and money are given to the rich (those making $10million or more per year). The rich take the money OUT of America and invest in BRIC countries building capital using cheap labor. The rich then make more profit. The rich aren't reinvesting in America. The rich are DECOUPLING from America.

Get ready for the rich to eventually change their nationality to another country once American deficits get so large that "traditional" conservative republicans decide to raise taxes because "trickle down" didn't work (all the money trickles down overseas from America). Then we will finally raise taxes and the rich will go to another country to be citizens (think some tropical island such as is already done for yatchs and cruise lines). Then the working poor (no more middle class) will be stuck with the bill for all the rich people's tax breaks. Surprising how so many "average working" republicans can be bought off with a little tax break for them.

We are witnessing the final SUCKING SOUND of the American dream being carted off to COMMUNIST CHINA by the "Republican idiots for free trade" with COMMUNIST EVIL COUNTRIES that HATE FREE SPEECH and ALL AMERICA STANDS FOR. This tax policy shows we are doomed as a country.

Indepe_ndent of MA 8:48PM December 07, 2010

Bill Hedges and Havanhavana: you're nuts. Quote revisionist history from "rich-controlled websites" all you want and feed all the "pro-rich" tax cuts messages you want into this blog.

We're spending $2trillion EVERY YEAR that we DON'T HAVE! Are you mad? We can't sustain this insanity much longer!

Thanks Republicans, thanks... tax cuts for all... until the rich move out of America leaving everyone with the tab...

In_dependent of MA 8:47PM December 07, 2010

Republicans, conservatives, as well as the Tea Party-ites and Independants can not stand this guy. Most of the world leaders do not like his policies and believe his entire agenda is in a downward-spiraling stupor. Now, the liberals, left, far left, as well as the moderate Dems, are against him for extending the Bush tax cuts for another two years...

Man O man! If I was this guy, I would quit!!!

(...but he doesn't have that kind of class!)

Havahavana of CA 7:06PM December 07, 2010

“The Kennedy tax cuts”

“President Hoover dramatically increased tax rates in the 1930s and President Roosevelt compounded the damage by pushing marginal tax rates to more than 90 percent. Recognizing that high tax rates were hindering the economy, President Kennedy proposed across-the-board tax rate reductions that reduced the top tax rate from more than 90 percent down to 70 percent. What happened? Tax revenues climbed from $94 billion in 1961 to $153 billion in 1968, an increase of 62 percent (33 percent after adjusting for inflation).”

“The Reagan tax cuts”

“Thanks to "bracket creep," the inflation of the 1970s pushed millions of taxpayers into higher tax brackets even though their inflation-adjusted incomes were not rising. To help offset this tax increase and also to improve incentives to work, save, and invest, President Reagan proposed sweeping tax rate reductions during the 1980s. What happened? Total tax revenues climbed by 99.4 percent during the 1980s, and the results are even more impressive when looking at what happened to personal income tax revenues. Once the economy received an unambiguous tax cut in January 1983, income tax revenues climbed dramatically, increasing by more than 54 percent by 1989 (28 percent after adjusting for inflation).’

http://www.heritage.org/research/reports/2003/08/the-historical-lessons-of-lower-tax-rates

Well, CBO says rich paid more taxes with Bush tax cuts:

“According to the non-partisan Congressional Budget Office (CBO), the Bush tax cuts actually shifted the total tax burden farther toward the rich so that in 2000-2004, total income tax paid by the top 40% of income-earners grew by 4.6% to 99.1% of the total.”

http://www.americanthinker.com/2010/03/lying_about_bushs_tax_cuts.html

“The Soak-the-Rich Catch-22”

“Since 1978, the U.S. has cut the highest marginal earned-income tax rate to 35% from 50%, the highest capital gains tax rate to 15% from about 50%, and the highest dividend tax rate to 15% from 70%. President Clinton cut the highest marginal tax rate on long-term capital gains from the sale of owner-occupied homes to 0% for almost all home owners. We’ve also cut just about every other income tax rate as well.”

“During this era of ubiquitous tax cuts, income tax receipts from the top 1% of income earners rose to 3.3% of GDP in 2007 (the latest year for which we have data) from 1.5% of GDP in 1978. Income tax receipts from the bottom 95% of income earners fell to 3.2% of GDP from 5.4% of GDP over the same time period. (See the nearby chart).”

http://cliftonchadwick.wordpress.com/2010/08/03/the-soak-the-rich-catch-22/

Bill Hedges of MO 5:37PM December 07, 2010

By rich, I mean those making over $10 million per year. Basically they (the rich) decided to buy as many Republican congressmen as possible, get as much of their money back in tax cuts, wait until the deficits destroy America, and jump ship to a new country. They recently bought a news station (guess which one) to convince others to vote republican and play down their little scheme.

Obama should know better. This compromise shows that we need to elect a new Democrat president in 2012. Obama has failed.

Trickle down economics is working as follows. The tax cuts and money are given to the rich (those making $10million or more per year). The rich take the money OUT of America and invest in BRIC countries building capital using cheap labor. The rich then make more profit. The rich aren't reinvesting in America. The rich are DECOUPLING from America.

Get ready for the rich to eventually change their nationality to another country once American deficits get so large that "traditional" conservative republicans decide to raise taxes because "trickle down" didn't work (all the money trickles down overseas from America). Then we will finally raise taxes and the rich will go to another country to be citizens (think some tropical island such as is already done for yatchs and cruise lines). Then the working poor (no more middle class) will be stuck with the bill for all the rich people's tax breaks. Surprising how so many "average working" republicans can be bought off with a little tax break for them.

We are witnessing the final SUCKING SOUND of the American dream being carted off to COMMUNIST CHINA by the "Republican idiots for free trade" with COMMUNIST EVIL COUNTRIES that HATE FREE SPEECH and ALL AMERICA STANDS FOR. This tax policy shows we are doomed as a country.

Inde_pendent of MA 4:13PM December 07, 2010

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Peter Roff

Peter Roff

Peter Roff is a contributing editor at U.S. News & World Report. Formerly a senior political writer for United Press International, he’s now affiliated with several public policy organizations including Let Freedom Ring, and Frontiers of Freedom. His writing has appeared in National Review, Fox News’ opinion section, The Daily Caller, Politico and elsewhere. Follow him on Twitter @PeterRoff.

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