Hannah Bell
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Thu May-12-11 05:09 AM
Response to Reply #22 |
| 24. amt relief is voted on every year. it was in place all during the bush tax cuts. |
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Edited on Thu May-12-11 05:13 AM by Hannah Bell
the only reason it's mentioned in that chart is because if it had for some reason *not* been extended in 2010, the 2010 number would be different.
the numbers in that chart are the tax cut numbers.
"Also, we no longer project the effects of the Bush tax cuts without
AMT adjustments, since it is clear that Congress will continue to adjust the AMT to limit the number of people it affects."
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| -Ezra Klein: Can we close the budget deficit by taxing the rich? |
dkf |
May-12-11 02:23 AM |
#0 |
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I'm taxed high, at a very low income. |
Tripod |
May-12-11 02:27 AM |
#1 |
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If they paid 91%, it would help a whole lot more. |
aquart |
May-12-11 02:46 AM |
#5 |
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My child has just received her 4 year Degree. |
Tripod |
May-12-11 02:54 AM |
#9 |
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Why doesn't someone say we should raise the minimum wage to lower the deficit? |
Capitalocracy |
May-12-11 02:37 AM |
#2 |
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I do think we need to allow people to make a better living so they can actually afford to pay taxes. |
dkf |
May-12-11 02:45 AM |
# |
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Keeping Medicare as we know it is emminently possible. What needs to change are private sector |
BzaDem |
May-12-11 02:48 AM |
#6 |
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Well Medicare as we know it piggy backs on an impossible health care system |
dkf |
May-12-11 03:13 AM |
#10 |
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I think in many cases, the value of "explaining" complicated things like our healthcare system to |
BzaDem |
May-12-11 03:20 AM |
#11 |
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Look at it this way. Medicare represents something. |
Capitalocracy |
May-12-11 05:08 AM |
#23 |
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But isn't it a pure lie to tell the public that the health care system and Medicare can |
dkf |
May-12-11 04:22 PM |
#30 |
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Oops |
dkf |
May-12-11 02:45 AM |
#4 |
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The 2009 deficit was not 53 percent of GDP, and the 2050 deficit could not possibly be 350 percent |
BzaDem |
May-12-11 02:42 AM |
#3 |
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That was actually debt as a % of GDP |
dkf |
May-12-11 02:50 AM |
#7 |
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Ah, accumulated debt as a percentage of GDP makes more sense. |
BzaDem |
May-12-11 02:51 AM |
#8 |
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I assume this is also taking into account... |
Capitalocracy |
May-12-11 05:32 AM |
#27 |
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The solution to health care costs is single payer n/t |
eridani |
May-12-11 03:47 AM |
#12 |
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A+. Good job. |
Capitalocracy |
May-12-11 04:47 AM |
#20 |
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the cost of the bush tax cuts over 10 years was $2.5 trillion. about 40% went to the top 1% |
Hannah Bell |
May-12-11 03:58 AM |
#13 |
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The CBO says that allowing Bush's tax cuts to expire on families making above 250k would save 700b, |
BzaDem |
May-12-11 04:06 AM |
#14 |
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i don't care what cbo says; we already *know* how much they cost the last 10 years. |
Hannah Bell |
May-12-11 04:20 AM |
#15 |
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"i don't care what cbo says" |
BzaDem |
May-12-11 04:26 AM |
#16 |
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projections can be made to say anything one wants depending on the assumptions used. |
Hannah Bell |
May-12-11 04:28 AM |
#17 |
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Again, you are using data from a model that also includes the AMT fix. If you are going to use a |
BzaDem |
May-12-11 04:34 AM |
#18 |
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amt relief is still in effect so far as i can see. |
Hannah Bell |
May-12-11 04:40 AM |
#19 |
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Yes, it is, but AMT relief in general is usually considered separately, since the non-indexing of |
BzaDem |
May-12-11 04:53 AM |
#22 |
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amt relief is voted on every year. it was in place all during the bush tax cuts. |
Hannah Bell |
May-12-11 05:09 AM |
#24 |
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I can't find the original ITEP source, but your interpretation sounds reasonable, so I'll assume its |
BzaDem |
May-12-11 05:30 AM |
#26 |
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i would guess it has something to do with the 2009 arra, which included some modifications |
Hannah Bell |
May-12-11 05:41 AM |
#28 |
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Hey Ezra, how about adding in taxes corporations should pay, but are not! |
boston bean |
May-12-11 04:49 AM |
#21 |
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Tax the rich, tax corporations, oh, and cut the military budget in half, |
MadHound |
May-12-11 05:14 AM |
#25 |
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They should exempt everyone under $250,000. |
kentuck |
May-12-11 05:45 AM |
#29 |
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