patrick.net

Bellingham Bob says

Wasn't really the tax cuts that made the system unsustainable. . .

I believe that that all three factors:

1) tax cuts

2) war spending

3) bs credit driven continuing real estate bubble

contributed to the bad recession we should have had, starting somewhere around 2002, being postponed to the much worse recession we had starting in 2008.

@Vicente

>Now when my X-Ray machine errors out and gives me a lethal overdose, my family can try to sue a bunch of Chinese subcontractors. Awesome! I'm so glad they are making best use of GE tax benefits to offshore jobs, layoff Americans, and enrich communists. Everything seems going according to the Koch Brothers plan nicely.

Great one! I just read it today...

@Troy

Thanks again for the graph...

HousingWatcher says

Of the 50% of the country that does not pay federal income tax, 75% of them make LESS than $20,000 a year. So youw ant to raise taxes on peopel all the way at the bottom while not raising taxes at the top?

Yes. I never said that it had to be a lot. When I made that little (or less) I had to pay income taxes.