We need to thank the Top 2% who provided a strong economy due to Bush tax cuts

[zulchzulu]

It's because of them that we have such a strong economy with a low unemployment level and plenty of happy people who can get a great job any time they want.



We should propose a special holiday for the Top 2% to show just how much they have helped America with their generosity, their financial wizardry and even how they made America as the beacon of jobs and promise.

The Bush tax cuts obviously have worked over the past nine years. As a reward, we need to keep them in place. Why fix what isn't broken?



:sarcasm:

[Enrique]

1. words aren't enough to thank them

nothing we can do will ever be enough.

[Curmudgeoness]

2. Makes you wonder, who are these people who believe this?

Who thinks that the tax cuts have done anything positive for the 98% of us? And we all know that 2% voting their interests cannot win any elections. So who are the people who are so concerned about a "falling economy" if these tax cuts to the top 2% are not continued?

Gotta wonder.

[zulchzulu]

5. Mike Pence was referring to them as "job creators" on Meet The Press

I kid you not. It apparently is the new GOP talking point. Same as the old one.

[GoCubsGo]

6. I saw that, too.

Chris Van Hollen called him out on that one. FINALLY, a Dem called them out on that. I hope the others were watching and learn from his example.

[zulchzulu]

12. Pence is a proven liar over and over again

Despite looking like a Central Casting character that would be a great pedophile priest, Pence can only repeat his yakking points ad nauseum.

[Curmudgeoness]

7. Just shaking my head here. So why are we in a "recession"?

Can someone please explain to my pea brain why we are not booming now, with all these years for them to have "invested" all this money saved into in jobs? Am I the only one to see that the emperor has no clothes?

[JaneQPublic]

9. The truth is that most small business owners don't make $250K...

...and wouldn't be affected by an end to the Bush tax cut for the top 2 percent.

Here's a nice bit of fact-finding from American Progress,
http://www.americanprogress.org/issues/2010/07/let_cuts_expire.html:

Letting the Bush tax cuts expire on those making more than $250,000 will impact only about 2 percent of all American taxpayers, according to the Tax Policy Center. The rest, the other 98 percent, would remain unaffected—their tax rates will not change.

Of course, conservatives often argue that we will harm small businesses if we let the tax rates for these richest 2 percent go back to what they were under President Clinton. The data belie that claim. A recent report from the Joint Committee on Taxation points out that less than 3 percent of all taxpayers with any positive business income at all—big or small—would be affected by the increase in rates. In addition, the JCT reminds us that even the few businesses that are potentially subject to these tax hikes are not actually all that small: “These figures for net positive business income do not imply that all of the income is from entities that might be considered ‘small.’ For example, in 2005, 12,862 S Corporations and 6,658 partnerships had receipts of more than $50 million.” In other words, not only will just 3 percent of taxpayers with any business income be affected, but many of these taxpayers aren’t even small business owners at all. This conclusion is entirely consistent with other, similar reports.

The reality is that the vast majority of small business owners don’t make anywhere near a net $250,000 a year, so they won’t be affected by the expiration at all. The argument that letting the top marginal income rates go back to where they were in 1990’s would hurt small businesses is just a smokescreen. This is a tried-and-true method used by conservatives to confuse and obfuscate, and pretend that tax cuts for the very wealthy help anyone else besides just the very wealthy.

[blue sky at night]

3. there is a word that comes to mind....

Barbecue....also spelled barbeque....it involves roasting things over an open fire.

[theoldman]

4. The rich used their tax cuts to hire illegal immigrants to mow their lawns.

They also used some of the money to buy vacation houses built by illegal immigrants. I am sure this helped the economy for a few years. Not good for the long term but good for the short term.

[toddwv]

8. Their policies worked as intended.

What's really mind-boggling is how they have been able to convince a large number of Americans that they are working in their best interests. Who do we blame? The right and their corporate funded agenda with their clear message "Profit first, people later" or the voters who seem to be willing to turn their brains off, watch the economy get dumped in the shitter and still pull the lever for the RepubliKochs?

[awoke_in_2003]

10. We should invite them...

to a huge BBQ in the exotic location Guyana. Plenty of ribs and kool aid for all of them :evilgrin:

[BlueIdaho]

11. What I don't understand

The M$M acts like tax cuts for the rich are a brand new untested idea worthy of consideration instead of a policy with a 10 year track record of misery and failure for America's working men and women. Perhaps the "low information voters" need a two year refresher is just how badly republicans solve economic problems.

Edit = Typo