1,500 millionaires paid no taxes.

[faethor]

Hey, you know who else inherited an economy from George Bush? .... Rick Perry

Though Rick Perry took the Federal money to help balance the budget in his state. So really he inherited the balanced state budget from Obama.

 

[faethor]

True, poor choice of wording on my part, things got really bad in the 90s with technology and manufacturing moving to places like, China.

Actually the largest acceleration of manufacturing job losses was in the 20xx's. But go ahead and ...

So let me make my point, we don't have very much manufacturing left. It would be a very bad idea to make things worse (government wise such as taxes and new regulations) that will chase the very few factories off shore as well. Oh well, we still have farming.

One of the problems we have is the tax code seems to favor foreign companies and manufacturing. Perhaps we should go back to the Founding Father when US made products favored in the business sector over foreigners.

I can agree with that, gut spending and let the 49% who don't pay any income taxes actually pay income tax via flat tax with zero deductions.

Not sure how you see agreement in a policy that's other than the one that was stated? Bush tax cuts expiring would cost the average ~$50K family about $125/month. Where it would hit hardest is that average $136K/year tax savings on the millionaires.

You act if 0% income tax is 0% tax. If the lower end is working they're paying unemployment. If they own a car they're paying gas taxes and road taxes. If they live in an apartment or own a home they're paying taxes on that property. In most states if they buy anything other than grocery items, and sometimes clothes even, they pay tax there. Your opinion comes across as if you think these people aren't contributing to society.

There's a great 80s movie - RepoMan. There's a scene where Bud is driving Otto down the city. Bud's yelling about how those bums owe the government and we'd get out of the financial problems if there was just some way to make them pay. Otto responds with - Jesus Bud they're winos do you think they'd be here if they had any money? Bud's response is to call Otto a Commie. -- Your statements are scarily along Bud's line of reasoning.

 

[cecilia]

Hey, you know who else inherited an economy from George Bush? .... Rick Perry

and texas is even worse now

 

[faethor]

When Bush took office gas was around $1.42. Near the end of his second term it had risen, peaking in September 2008 at around $3.80. It then fell steeply heading into the elections. According to a CPI calculator I just plugged this into online $3.80 in 2008 is about four bucks now. That's a price that gas reached around May of this year but it has fallen a little since then.

Shouldn't we align dates closer? The last summer (July 2008) - the online searches indicate that gas averaged as high as $4.22/gallon. Now while extreme and after discounts I just paid $3.37.gallon. So Summer Obama gas costs are lower than Summer Bush.