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In reply to the discussion: Seriously, they need to give it up. Who do they think is buying this crap?! [View all]SamHarris2012
(42 posts)57. actually, your numbers don't add up either
Under the current tax regime, $300,000 in profit would cause $105,000 in tax liability.
Tax Rate: 100,000 to 335,000 [$22,250 + 39% Of the amount over 100,000]
$22,250 + $200,000(.39) = $100,250
My point was sound. 97% of Americans don't make that much. A lot of those folks who do make that much don't employ anyone. They work for people who employ people. Cutting taxes anymore is unsustainable. The well has run dry as it pertains to job creation.
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Seriously, they need to give it up. Who do they think is buying this crap?! [View all]
Playinghardball
Dec 2012
OP
Just as the Russian Communists couldn't see how much they had screwed themselves.
randome
Dec 2012
#11
but trickle-down and recouping losses are two entirely different things
socialindependocrat
Dec 2012
#18