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When does it end?

May 3, 2013

Senators Pat Toomey and Joe Manchin should be congratulated for their efforts to introduce rational gun regulations....

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(121)

JerryfromRI

May-05-13 7:49 AM

Taxes will never be zero, unless you expect our troops to to serve without pay.

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JerryfromRI

May-05-13 7:48 AM

Your question is how is a flat tax different than the progressive tax system we have now?

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valves

May-04-13 11:11 PM

JerryfromRI

May-04-13 10:19 PM

The 18.5% number is a replacement for the federal income tax.

OK, how is that any different from the status quo? We still end up paying around 50% of our wages in some form of tax, whether FICA, Medicare or local services. It's still far too much money for individuals to surrender to the feds. It's NOT THEIR MONEY! We earned it, it's OUR money. They can bill us for it, not steal it from our pay!

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JerryfromRI

May-04-13 10:20 PM

To the person who clicked disagree on the blank comment I posted in error, thanks! I laughed out loud when I saw it. My money is on Bobbie.

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JerryfromRI

May-04-13 10:19 PM

The 18.5% number is a replacement for the federal income tax.

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Bufftrev1

May-04-13 5:26 PM

Hi USA.. I can only hope that one day she'll say yes..

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gavinf56

May-04-13 2:36 PM

You went from background checks for guns to abortion to immigration. That is quite a leap. - CMReeder

Wbat, are you the self appointed moderator now?

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WKnapp

May-04-13 10:46 AM

Federal, yes. National, no.

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WKnapp

May-04-13 10:44 AM

Leftist have no ideas, crazy or not, about states' rights. They despise independent states, in favor of what the Founders never intended: a NATIONAL government.

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CMReeder

May-04-13 10:43 AM

Libertarian radio host and activist Adam Kokesh is trying to get at least 1,000 people with loaded rifles to march into DC on July Fourth. When your side goes nuts you go all in.

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WKnapp

May-04-13 10:42 AM

JerryfromRI

May-04-13 5:59 AM

@WKnapp

The 18.5% number is from a bunch of guys who have spent their lives promoting that agenda. They probably haven't given it as much thought as you.

You don't support block grants huh? Well, you know us liberals and our crazy states rights ideas..

Tell me... is that 18.5% to go directly to the federal government, with local. county and state taxes as extras, or does it eliminate those 'lower level' taxes, in favor of funds from the feds filtering down from the omnipotent feds to the 'lower levels'? If the former, then what change is that from status quo? If the latter, it's the first time I've ever encountered leftists endorsing what they've long decried and ridiculed as 'trickle-down economics'.

The problem has long been that the federal government has too much money under its control. That's why I propose 'trickle-up' funding for the federal government, from the 'lower levels'. It forces the feds to live within their means.

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JerryfromRI

May-04-13 8:41 AM

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CMReeder

May-04-13 7:38 AM

You went from background checks for guns to abortion to immigration. That is quite a leap.

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JerryfromRI

May-04-13 5:59 AM

@WKnapp

The 18.5% number is from a bunch of guys who have spent their lives promoting that agenda. They probably haven't given it as much thought as you.

You don't support block grants huh? Well, you know us liberals and our crazy states rights ideas..

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USABorn

May-04-13 3:14 AM

Bufftrev1 - 3:07 PM

"Wish we could partake.. my better half is visiting family in the midwest, leaving Sunday.."

In the last few weeks, I believe I recall you mentioning a girl friend a couple times? And now you mention your "better half."

Do we owe you congratulations on getting married? You should have mentioned it.

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USABorn

May-04-13 3:02 AM

MrShaman - 5:39 AM

"For the hundredth time, and still unanswered" by the Right (much like your collective-approval, regarding BU$HCO's ability to monitor/digest any-and-all Americans' communications, in the name o' "national security")..."

Maybe OBAMACO should have been listening in on the Tsarnaev's conversations like the Russians and Saudis were. Maybe 3 deaths and 170+ injuries could have been averted. But NO, we can't be listening into phone calls of muslims, just white conservatives!

No muslims, no blacks.....hmmmmmm, wonder why?

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USABorn

May-04-13 2:52 AM

rick424 - 12:39 PM

"Apparently you are correct Gavin. My apologies. Apparently the banks still owe billions. And need we bring up the mortgage debacle"

The Wall Street (BANKS) portion of TARP has actually been a NET GAIN to taxpayers. The government paid out $250.5 billion to “bank programs” that included buying stock in the banks, often at low prices. And to date, the government has received back $258.8 billion.

As for the "mortgage debacle....If congress had listened the 17 times Bush went to them about an impending mortgage crisis, it could have been averted! But Dodd/Franks wouldn't hear of their cash cow being changed. (Dobbs had a SPECIAL low interest mortgage loan, and Franks got his lover a job at Fannie Mae and he was pushing low interest loans to people who were not qualified.

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USABorn

May-04-13 2:40 AM

loaned to or invested in GM. Strictly speaking, Obama was accurate when he said: "GM announced that it paid back its loans to taxpayers with interest, fully five years ahead of schedule." BUT he alluded only vaguely to other bailout money, which taxpayers may never get back.

As for Treasury’s equity stake, worth $40 billion-plus, the nonpartisan Congressional Budget Office has said the Treasury won’t fully recoup that money. The total automaker bailout, including TARP money given to Chrysler, CBO estimates, WILL COST TAXPAYERS about $34 billion.

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USABorn

May-04-13 2:39 AM

TARP special inspector general, Neil Barofsky, April 20:

G.M. has paid $1 billion, and I think they’ve announced that they’re going to be paying back the debt portion, which is about — I think there’s about $6 billion left in its entirety very shortly. But we should be a little — we need to be a little bit cautious about that because the way that that payment’s going to be made is drawing down an equity facility of other TARP money.

So it’s good news in that they’re reducing their debt, but they’re using it by taking other available TARP money to repay the TARP. It’s good news because it means that money, which was going to be available for future problems with G.M., that there’s a determination that they don’t need it, but we should caution that it’s not necessarily being generated out of earnings, but out of other TARP funds.

The president’s and GM’s statements may have given some the false impression that taxpayers have gotten back all the bailout money

cont'd

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USABorn

May-04-13 2:33 AM

rick424 - 12:19 PM

"However GM and Chrysler did pay their loans back saving many, many good paying jobs"

GM repaid the loan portion of the automaker bailout ahead of schedule, with interest. It used TARP money it had already received but hadn’t spent. And taxpayers are still stuck with GM stock that isn’t worth what was paid for it.

GM paid back its loan from the Treasury Department, in full, ahead of schedule. BUT the debt was only part of the automaker bailout package.

Through the Troubled Asset Relief Program, the Treasury gave GM $49.5 billion, most of which was converted into an ownership stake in the form of stock. Through this equity stake, the government still owns 61 percent of GM.

cont'd

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USABorn

May-04-13 2:22 AM

MrShaman - 10:12 AM

"...the T-Baggers' Class O' 2010 has already proven (even) the least-educated, of the U.S. population, ARE allowed to run for Office."

Both are educated. Republicans just use their head and have more common sense than Democrats.

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USABorn

May-04-13 2:07 AM

MrShaman - 7:01 AM

"Lemme guess....that's what "They say"....right?"

"They say?" Which they, Limbaugh, Faux news, the Axis?

BWAHAHAHAHAHAHAHAHA

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USABorn

May-04-13 2:03 AM

Sorry, that should have been JEFFERSON!

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USABorn

May-04-13 2:02 AM

On Jefderson:

This quotation has not been found in the writings of Thomas Jefferson.

It may be a mistaken amalgamation of the author's comments a real Jefferson quotation. Jefferson wrote in 1825 to William Branch Giles of "a vast accession of strength from their younger recruits, who, having nothing in them of the feelings or principles of '76, now look to a single and splendid government of an aristocracy, founded on banking institutions, and monied incorporations under the guise and cloak of their favored branches of manufactures, commerce and navigation, riding and ruling over the plundered ploughman and beggared yeomanry."

It was Noam Chomsky who made up the quote to suit himself in his book, Keeping the Rabble in Line: Interviews with David Barsamian (Monroe, Me.: Common Courage Press, 1994), 245.

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gavinf56

May-03-13 11:07 PM

Gotcha

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