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In reply to the discussion: Look at the Offers. Look at what was never on the table. Real change cannot happen [View all]ProSense
(116,464 posts)45. You mention taxes on the rich, and
"Compare to Clinton? No, look at the whole package."
I responded. Ending the tax cuts above $250,000 means a slight increase for the top one percent beyond returning to Clinton era rates because there are also tax increases built into the health care law. In fact, it's a very slight increase beyond Clinton's even without the health care law.
http://www.taxpolicycenter.org/numbers/displayatab.cfm?Docid=3210&DocTypeID=2
<...>
Under Clinton, the top 1 percent paid 33.4 percent; under Bush it paid 29.8 percent; and under Obama it would go back up to 35.3 percent, less than two points than under Clinton.
Meanwhile, under Clinton, the top 0.1 percent paid 36.9 percent; under Bush it paid 32.8 percent; and under Obama it would go back up to 39.7 percent. By contrast, every other group would be paying lower rates under Obamas proposals than under Clinton. (A table detailing these numbers is right here.)
Its true that the top 1 percent and the top 0.1 percent would be paying more. But the significance of those hikes shrivel dramatically when you consider how much better these folks have fared over time than everyone else has. The highest end hikes shrivel in the context of the towering size of their after-tax incomes and the degree to which they dwarf those of everyone else, something that has increased dramatically in recent years.
- more -
http://www.washingtonpost.com/blogs/plum-line/post/how-obamas-tax-hikes-will-really-impact-the-rich-in-three-easy-charts/2011/03/03/gIQAmbbLIL_blog.html
Under Clinton, the top 1 percent paid 33.4 percent; under Bush it paid 29.8 percent; and under Obama it would go back up to 35.3 percent, less than two points than under Clinton.
Meanwhile, under Clinton, the top 0.1 percent paid 36.9 percent; under Bush it paid 32.8 percent; and under Obama it would go back up to 39.7 percent. By contrast, every other group would be paying lower rates under Obamas proposals than under Clinton. (A table detailing these numbers is right here.)
Its true that the top 1 percent and the top 0.1 percent would be paying more. But the significance of those hikes shrivel dramatically when you consider how much better these folks have fared over time than everyone else has. The highest end hikes shrivel in the context of the towering size of their after-tax incomes and the degree to which they dwarf those of everyone else, something that has increased dramatically in recent years.
- more -
http://www.washingtonpost.com/blogs/plum-line/post/how-obamas-tax-hikes-will-really-impact-the-rich-in-three-easy-charts/2011/03/03/gIQAmbbLIL_blog.html
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Look at the Offers. Look at what was never on the table. Real change cannot happen [View all]
woo me with science
Dec 2012
OP
POTUS Obama stated Obama'My Policies Are So Mainstream' I'd Be A 'Moderate Republican of the 1980s"
PufPuf23
Dec 2012
#50
Your claims have been debunked many times and in many threads, so I see
coalition_unwilling
Dec 2012
#13
You are right, of course, "until we are honest about what we are being fed here" real
AnotherMcIntosh
Dec 2012
#21
You are right on and have wooed me with science and overwhelming logic. We have
indepat
Dec 2012
#68
Please point me to the official word that chained CPI is still not on the table
MotherPetrie
Dec 2012
#31
Austerity is the agenda item for both parties. It'll cause pain among workers but the untra wealthy
byeya
Dec 2012
#23
Yes, It Is Panicking, It Is Realizing There Will Never, Ever Be The Cuts It's Been Predicting Since
Skraxx
Dec 2012
#72
Well said. That's why we need to keep saying, "Look at the Offers."
woo me with science
Dec 2012
#14
Very important post. People in other nations have already seen how austerity kills.
woo me with science
Dec 2012
#44
"The comfort of the rich depends upon an abundant supply of the poor." Voltaire
Tierra_y_Libertad
Dec 2012
#26
Under Section 4 of the 14th Amendment the president has an independent constitutional obligation not
byeya
Dec 2012
#30
it's the product of the same good cop/bad cop, faux duopoly, janus-like condition in DC
stupidicus
Dec 2012
#53
"Too many of us have been interested in defending programs as written in 1938" BHO - 2006
woo me with science
Dec 2012
#58
"No one in this world, so far as I know — and I have searched the records for years,
Egalitarian Thug
Dec 2012
#67
Perhaps it's not so much a lack of intelligence as it is working 2 or 3 part time jobs;
byeya
Dec 2012
#71
Why is Social Security in ALL of Obama's offers, when it ADDS NOTHING to the deficit???
grahamhgreen
Dec 2012
#77