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hfojvt

(37,573 posts)

9. mo, actially taxes were once again CUT for the top 2%

Wed Jan 2, 2013, 02:04 PM

Jan 2013

They were increased, not by this deal, but by the expiration of the Bush tax cuts.

Then came the deal to make sure the top 2% got more years of tax cuts. With the deal, the top 1% gets average tax cuts of $18,000 (not including the estate tax cuts). The bottom 20% get average tax cuts of $270, but considering that their average income is $13,900 that means their payroll taxes will go up by $278 and thus they will face an average tax increase of $8.

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Why I really hate this deal [View all] hfojvt Jan 2013 OP

No I don't agree at all Harmony Blue Jan 2013 #1

mo, actially taxes were once again CUT for the top 2% hfojvt Jan 2013 #9

Why are you putting this in our beautiful minds? leftstreet Jan 2013 #2

I realize you don't mean it that way Harmony Blue Jan 2013 #3

The new Jobs Program will lead to better economic conditions leftstreet Jan 2013 #5

I am probably the most progressive person you will ever meet Harmony Blue Jan 2013 #7

Somehow I doubt that leftstreet Jan 2013 #25

GOP filibustered 3 Jobs Bills. JaneyVee Jan 2013 #38

Exactly! LP2K12 Jan 2013 #18

That is why the payroll tax holiday is expiring Harmony Blue Jan 2013 #28

Understandable... LP2K12 Jan 2013 #48

the only thing that lapses in 5 years time hfojvt Jan 2013 #10

What tax cuts for the "rich" are permanent? Harmony Blue Jan 2013 #13

check out the table on the right side of the last page hfojvt Jan 2013 #26

Sorry I don't agree at all Harmony Blue Jan 2013 #27

We the Serfs, debating the difference btwn wealthy and rich leftstreet Jan 2013 #32

No difference to me... Chan790 Jan 2013 #39

I think it was Chris Rock who said MindPilot Jan 2013 #59

last Novemeber I ran for office hfojvt Jan 2013 #35

"I don't considere members of the top 20% to be part of the middle class either." ProSense Jan 2013 #4

Obama put the original goalposts in a bad place hfojvt Jan 2013 #12

This message was self-deleted by its author OKNancy Jan 2013 #6

it's an awful deal, totally unnecessary except to set up the next manufactured crisis.... mike_c Jan 2013 #8

I totally disagree CentristLiberal Jan 2013 #11

welcome to DU OKNancy Jan 2013 #14

What is positive about making 85% of the Bush tax cuts permanent? hfojvt Jan 2013 #16

Getting rid of the Bush tax cuts would kill the economic recovery CentristLiberal Jan 2013 #29

I agree 100% Harmony Blue Jan 2013 #31

Thank You, and Welcome! It's ridiculous, but like John Boehner, the left can't take "yes"..... Tarheel_Dem Jan 2013 #36

ooh, professional economists hfojvt Jan 2013 #42

I bet there's good reason you're not qualified to "be on NPR". Tarheel_Dem Jan 2013 #44

ooh, snap, but you trust the experts hfojvt Jan 2013 #45

Hey! Write a long letter to Bernie Sanders and Dennis Kucinich about it! Oh wait........... Tarheel_Dem Jan 2013 #46

nice Republican talking point hfojvt Jan 2013 #41

I wanted the cutoff to be much lower CentristLiberal Jan 2013 #50

Permanent just means no sunset... Chan790 Jan 2013 #40

oh, is that all hfojvt Jan 2013 #43

I have never seen it this bad on DU Harmony Blue Jan 2013 #20

but it is a FACT hfojvt Jan 2013 #24

actually what he did was CUT taxes for the rich hfojvt Jan 2013 #15

hfojvt Harmony Blue Jan 2013 #17

an increase in taxes from what starting point? hfojvt Jan 2013 #21

I understand your anger CentristLiberal Jan 2013 #52

it was very possible to hfojvt Jan 2013 #60

Your username seems Oxymoronic to me... Melinda Jan 2013 #23

It's the first name combo that wasn't taken. CentristLiberal Jan 2013 #30

I actually googled "centrist liberal" after I posted to you... Melinda Jan 2013 #47

Wow CentristLiberal Jan 2013 #51

lmao... see what you have done? Melinda Jan 2013 #53

Wipe that smirk off your face. Eddie Haskell Jan 2013 #49

yeah it's not so great limpyhobbler Jan 2013 #19

100% agree, I hate this deal! Eddie Haskell Jan 2013 #22

hfojvt's analysis is correct PufPuf23 Jan 2013 #33

That's how we got screwed LWolf Jan 2013 #34

It's awful ain't it? Why, oh why didn't we elect Jill, or Roseanne, or Rocky? WHY? Tarheel_Dem Jan 2013 #37

Thank you No Compromise Jan 2013 #54

yeah, and LarryO was the "liberal" praising the Bush tax cuts hfojvt Jan 2013 #57

We're Doomed, Doomed I tell you!!!! JoePhilly Jan 2013 #55

Here's is ProSense Jan 2013 #56

you link to some of the White House's lies hfojvt Jan 2013 #58

kick No Compromise Jan 2013 #61