Fuck that. The democrats had the chance and the duty to pass a budget when they were in complete control. This issue lays on their door step.

Cut corporate taxes jobs will come back and bring more opportunity fro all of us. Then pass the budget proposal for 2012 that cuts more than $5.8 trillion spread over a few years. These ex FED employees could then go back to private employment.

The top 1% of taxpayers pay about 40% of all income taxes,
the top 10% pay 71%,
and the top 50% pay 97% of all taxes.
The bottom 50% pays less than 3% of all income taxes paid.

bob,
did you just defend "trickle down economics"?
even after it has been shown time and time again to be an absolute and utter fallacy?
good god man get off the political polemic machine and realize our politicians have sold us ALL out for their own interests and the interests of their corporate overlords..
which means those who are NOT you or i.

cut corporate taxes?
have you even been paying attention?
and have you SEEN where that 5.8 trillion is being produced from?
it aint corporations nor military defense contractors.
no.
it is going to be coming from people like you and i and from those programs that are integral to a good society
i.e:education,health and social security.
food,gas,clothing.

i do not know where you are getting your information from but it is clear that you have been given false information.
unless you are a multi-millionaire then your comment makes sense otherwise you are cutting your nose to spite your face.

"cut corporate taxes,jobs will come back and bring more opportunity for all of us"
suuuuure..if you are willing to work for 40 cents and hour,no breaks and your 8 yr old daughter can work right along side of you.
yaaaay for 1880 labor practices and the 75 hr work week!
thanks for caring bob.

nice propaganda speech thar bob.

Democrats are jointly responsible with Republicans in the destruction of the middle class. Cutting the corporate tax rates would serve primarily to increase corporate profits. If the demand isn't there for goods and services, corporations won't increase production and hire more workers. Not to mention this won't help deficits. You definitely would help the stock market in the short run, which is disproportionately invested in by the rich, thereby stratifying the population even more along class lines.

The stats you're pointing to are horrible stats for useful data points about economic policy. It's true that the bottom 50% of the population are paying less as a percentage of total tax revenues collected today compared to five years ago. When unemployment went to 10% and higher, who typically lost their jobs? The bottom 50%. Whose houses typically got foreclosed on? The bottom 50%. When pay was cut, who most often lost out on that? The bottom 50%.

If you're paying taxes, it means you're earning income. Ask the unemployed what they'd rather be - taxpayers or jobless? They'd go with having to pay taxes. It's not all roses for the bottom 50% who are not paying taxes right now. But the point still stands - when the economy goes into a tailspin, it distorts who's shouldering the burden for paying the taxes.

This data varies too widely to be useful due to extraneous influences.

>> ^bobknight33:

Fuck that. The democrats had the chance and the duty to pass a budget when they were in complete control. This issue lays on their door step.
Cut corporate taxes jobs will come back and bring more opportunity fro all of us. Then pass the budget proposal for 2012 that cuts more than $5.8 trillion spread over a few years. These ex FED employees could then go back to private employment.
The top 1% of taxpayers pay about 40% of all income taxes,
the top 10% pay 71%,
and the top 50% pay 97% of all taxes.
The bottom 50% pays less than 3% of all income taxes paid.