the top 1% would get an annual average reduction of $261,000, a 14.8 percentage point drop.
Meanwhile, Americans in the lowest 20% of income would see their taxes drop by an average of only $23, a 0.2 percentage point change in their tax rate.
Put another way, Americans who earn between $40,000 and $50,000 a year will see their after-tax income increase by 1.7%, while Americans who earn more than $1 million will see a 24.1% bump.
I'm in SLS and poets' camp on this one. I simply can't bring myself to watch these debates yet. My whole life has seemed like a campaign cycle. Considering the first campaign that I really remember (and understood what was going on) was the 2000 elections, my life has been a nonstop campaign season. I just want a break, which is why I haven't even been watching tv (the medicare commercials are getting on my nerves like no other)!
Is it me, but I always find it curious why Dems believe they know the R party than those is the R party? I have lived around the world and many states in the US, including R strongholds. News flash here even in the Bible Belt evangelicals are not everywhere you turn.
If you really took a minute you might see a different reason why the Bible Belt states go R. Most military installations are in these states. Military members lean to the R party. They vote because not only are taxes an issue, but so is the military. Granted they may vote from the home of record as an absentee, but many who purchase homes at their station vote in that state. Take a look at SC/NC/TX. All states that would be considered Bible. Count the amount of military installations in these states. Now look at NJ/NY/PA. We are not only talking about military members in these states, but many have jobs that are tied to the military. The rule of thumb is for a base of 5K, they are connected to 25K people in the community...on base employment as a govt contractor, retirees, RE and businesses that exist because the town exists. If the military closed the gates, they know that the businesses would be forced to shut doors too.
Again, before you jump to why the Bible Belt votes that way, there maybe another underlying issue to why they are leaning that way which has nothing to do with their religious beliefs.
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Raising a teenager is like nailing Jello to a tree
"(funny how they never ponder the flip side of that, whether or not those of no faith will."
Was that sarcasm?
Of course while any canditate would be glad of that extra 9% or so, the political cost of trying to appeal to that demographic would obviate the effort.
"Of course they are. They were idiotic enough to buy into the fantasy that Mr. Obama was competent despite absolutely no evidence. Of course, there couldn't be evidence because he is not competent.
But he sure is pretty and would make the greatest king this nation has ever known!"
He's as competent as any of the challengers for sure. And no they are not that idiotic to go for this bs about taxes.
Note that is 83% of primary voters, not general election voters leaning Republican.
All evangelicals are social conservatives. You simply lumped them in with others to make a larger set: "social conservatives". Any group of less than 50% can be marginalized in this way.
Most evangelicals are right handed but they are only a fraction of the right handed members of the Republican Party.
Face it. Republicans have got to "thump the Bible" to get elected.
The question is whether Romney can "thump the Book of Mormon" also and get elected.
(Note Mormons use the Bible as one of their "Holy books").
I would say that social conservatives are the largest group within the party, but I wouldn't say that evangelicals and social conservatives are the same group.
Without the far righteous, there would be no major Republican Party.
Look at an electoral map. The strenght or "base" of the Republican Party is pure Bible Belt
It is true. The "far" right is a small segment of the republican party. I've read statistics that say it's about one third. But, hey, you continue to misunderstand the opposition because that works well for us.
But, ultimately, that's a small matter because those people are NOT going to vote for Mr. Obama. He may find himself left with only the fringe left and the union thuggocracy, none of whom are all that fond of him, and would be much more likely to sit out the election than even the most fundamentalist Christian.
Americans are not idiotic enough to buy into boneheads with these kind of ideas:
Of course they are. They were idiotic enough to buy into the fantasy that Mr. Obama was competent despite absolutely no evidence. Of course, there couldn't be evidence because he is not competent.
But he sure is pretty and would make the greatest king this nation has ever known!
Last time Mitt lost out to John McCain, a geriatic senator from the same mold as Bob Dole and in case any voters have forgotten, he's still a Mormon. A fact which I expect will bring the same thoughtful and introspective hand-wringing from the media that it brought last time around, mainly whether or not evangelicals will vote for him (funny how they never ponder the flip side of that, whether or not those of no faith will. I think it's doubtful, at least in the numbers he needs, since that demographic tends democrat and they've already got somebody.)
As much as the NYT would like for Romney to be the nominee, his foray towards universal health care and the comparison to Obamacare is going to make some killer primary ads.
Americans are not idiotic enough to buy into boneheads with these kind of ideas:
Hey rich folks, Tim Pawlenty wants to cut your taxes. A lot.
Under the terms of his recently revealed economic plan, Americans in the top 20% of earners would see their taxes cut by an average of $23,500, an 8.6 percentage point drop in their tax rate, according to an analysis by the nonpartisan Tax Policy Center.
565Print CommentAnd the top 1% would get an annual average reduction of $261,000, a 14.8 percentage point drop.
Meanwhile, Americans in the lowest 20% of income would see their taxes drop by an average of only $23, a 0.2 percentage point change in their tax rate.
Put another way, Americans who earn between $40,000 and $50,000 a year will see their after-tax income increase by 1.7%, while Americans who earn more than $1 million will see a 24.1% bump.
Under Pawlenty's plan, taxes on capital gains, interest income, dividends and estates would all be eliminated. Individuals would pay a 10% tax rate on their first $50,000 in income and 25% on all additional earnings.
If you thought the Bush tax cuts were big, Pawlenty's are on steroids.
"This is taking the Bush policy and doubling down, and maybe even doubling down again," said Joe Rosenberg, a researcher at the Tax Policy Center. "It's really quite dramatic."
0:00 / 2:22 GOP candidates slam Obama economy Add in Pawlenty's corporate tax plan, and all that cutting means the federal government will bring in almost $7.6 trillion less in revenue over ten years.
For a government that already spends far more than it brings in, that spells trouble, according to Rosenberg, who said revenue would end up around 13.5% of GDP, far below historical norms.
How the economy could break Obama "The revenue yield makes it an implausible tax system to implement," Rosenberg said.
In a statement to CNNMoney, Pawlenty spokesman Alex Conant said that the tax side of the proposal should not be scored without considering the potential economic growth that would accompany the cuts.
To help make up for the lost revenue, Pawlenty's plan relies on sustained GDP growth of 5% -- a feat rarely accomplished -- to bring in an additional $3.8 trillion in revenue over ten years.
But that will only cover half the lost tax revenue. Of course, Pawlenty also wants dramatic cuts to spending.
As president, he would ask Congress to grant him emergency authority to freeze spending at current levels, and then impound up to 5% of federal spending until the budget is balanced.
Earlier this week, Pawlenty defended his bullish economic plan during the CNN debate in New Hampshire.
"This idea that we can't have 5% growth in America is hogwash. It's a defeatist attitude. If China can have 5% growth and Brazil can have 5% growth, then the United States of America can have 5% growth," Pawlenty said.
The better question would be whether the mainstream Protestants would support a Mormon and, like Pima, I think the answer to both is yes. On the right, we perceive Mr. Obama as having done so much damage to our country and our future that we would vote for pretty much anyone to get rid of him.
I think that an R can win even if they are Mormon. The evangelicals are a small segment of the R, and let's face it they may not be thrilled, but they will hold their noses and vote anyway. It is like the liberals for dems. It might not be their dream candidate, but it is better than the other option and so they will still vote for them.
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Raising a teenager is like nailing Jello to a tree
Can the Republicans win without the far righteous?
Romney could be the Republican Party's signal to the evangelicals that they are not really respected or liked by the Republican establishment and there is no possibility of advancing their goals politically.
Of course the Republicans could pitch Mormon vs. Muslim.
I think Republicans will be willing to make compromises to put the most electable candidate out there - that is Romney. Romney, by far, has the best support in the center. He was the Republican governor of MA. You can't get "more center" than that.
Maybe he's just over-compensating? Not about being yet another long-serving Texas governor but the theocratic angle? Or, maybe he's just misunderstood and its the usual left-wing, midnight crazies that show up whenever the moon's full.
I figured it was going to be Mitt last time around in the primary, so I am not laying any money down on this one.
It's still pretty early in the process. Hillary was all but the front runner at this same point in the last election cycle. Who knows what will happen.
Cat, seems like a kindly gesture, offering Perry to the rest of the US. Not self serving at all!
Well, with the democratic party sitting pat with the One, they're not really putting out their own nutbowl this time, are they? Kind of a shame too, because this time around I would have loved seeing the inevitable comparisons between how Obama and Kucinich would govern - two filberts with nary a distinguishing nuance of taste between them.
Sorry, but my money is on Perry ending up the nominee this time around. If he actually runs, that is. The reason being I don't think the Tea Party (and all those in the republican party that either identify with it or at least sympathize with a lot of it's concerns) is going to be satisfied with anything that looks remotely like what we have and that healthcare thing is the wrong makeup for Romney to be wearing.
Besides, if I can get Perry out of Texas maybe I can finagle some sort of compassionate waiver and get my kids out of these state run church schools.
I don't know much about Perry or Cain, so I don't have an opinion. I just have snapshots of them. And no, one cannot really call Romney nor Pawlenty a nut. Either way, I don't know how much influence a president has upon social issues, except for supreme court picks. Though I'm definitely fiscal conservative/social moderate-whatever, I suppose it all depends upon your priorities. If the person you choose decides to spend us into oblivion and insolvency, then the social issues don't seem too important anymore. Not that I think we can neccessarily cut taxes into prosperity, the Republican mantra, but these people are merely shoving money into the pockets of anyone whom might vote for them, reguardless of the consequences.
I would really like someone who would actually listen to what the deficit commission recommended, instead of pretending they never existed.
Fortunately, I've never had to choose between a Republican and a Democrat who was an horrendous fool. I don't call Romney a nut - not yet anyway. Who knows what he may end up saying and doing in order to please the nuttier wing of the party in order to get through the primary. I could never support him, however. The Republican platform is a dealbreaker for me on several issues. Lately, with the candidates having to move more and more to the right on social issues, I think even less of them. As long as the President chooses the Supreme Court, I will never support a Republican for President. Personally, I don't see how anyone could listen to Cain and not call him a nut. Rick Perry - seriously? A theocratic secessionist President?
I quite enjoy mixed nuts. They are much more interesting than all of the same type.
Is there any Republican out there that you could support? Or does the R by their name automatically color them as undesireable/nutcases, whereas a horrendous fool with a D by their name would be more desireable?
Cain is a nut. He says that God spoke through his granddaughter to tell him to run. He believes life begins at conception and has said that he would vet Supreme Court nominees to be sure they agree. One of his goals is to take the country back to its biblical roots. He's the guy who says that Planned Parenthood's goal is to kill black babies. Add in the homophobia and he's about as nutty as they get.
thanks... that is probably the guy I read on the metro then. He had one column about how legalizing gay marriage is the same as legalizing polygamy.
I did not watch even though I could have done so. Given what a horrible job Obama has done, I cannot imagine voting for him. On the other hand, I am so sick of hearing the Republicans say tax cuts will solve all of our problems. The Bush tax cuts were a mistake and should be permitted to expire now.
Cain is a nut. He says that God spoke through his granddaughter to tell him to run. He believes life begins at conception and has said that he would vet Supreme Court nominees to be sure they agree. One of his goals is to take the country back to its biblical roots. He's the guy who says that Planned Parenthood's goal is to kill black babies. Add in the homophobia and he's about as nutty as they get.
Does Cain write opinion pieces for the washington examiner? If he does, IMO he is quite far "out there" judging by what I read on my commutes this spring.
I didn't watch the debate... the election is not for another year and a half. meh
I know it seems ironic, coming from me - I love politics, right? Otherwise, I wouldn't have started a forum to discuss it...however, I am just not physically ready to begin watching debates again from any political candidate. I am still burnt out from the last round of Presidential candidates.
I pretty much feel the same way. I'm already sick to death of all the spin, the disingenuousness, the lies, and the attacks that are bound to be the common currency of the upcoming Presidential race. I'm not looking forward to having to hit the mute button every five minutes so as to stem the auditory assault of political attack ads (at our house, we mute all of them, no matter which party sponsors them). I no longer have the stomach for politics ad nauseum.
I know it seems ironic, coming from me - I love politics, right? Otherwise, I wouldn't have started a forum to discuss it...however, I am just not physically ready to begin watching debates again from any political candidate. I am still burnt out from the last round of Presidential candidates.
Does it seem earlier each campaign cycle when it begins, or am I just imagining it?
I'd start believing the R's when they acknowledge that some of their policies became rotting fruit or is sterile. I noticed that some are reputing the Wars. Of course all were reputing the Deficit; W's chief-of-staff, commented that he on behalf of W, personally solicited Obama to vote for raising the Debt ceiling.
--Obama is wrong, all the time. We R's, are never wrong, and can make every well 'again'.--