Will ISS survive republican & tea party budget cuts?

On 11/7/2010 11:14 AM, jacob navia wrote:
them over with.

You are 100% right. The U.S. is the past. China and India are the future.

Moving at the speed of a cold snail during an autumn sunrise, China gets
ready to build a little space station - say around a decade from now:
http://www.newscientist.com/article/...n-by-2020.html
Go get 'em, boys! :-)

Pat

On 11/7/2010 2:38 PM, Val Kraut wrote:
a) President Obama extended ISS from 2015 to 2020.

He'll be out of office for at least 3 years in 2015

Wouldn't that be 2017? He'll stay in office till January of 2017
assuming he's reelected in November of 2012.

Pat

Le 08/11/10 05:14, Fred J. McCall a écrit :
wrote:

On Nov 7, 7:52 pm, Fred J. wrote:
wrote:

the top 3% of all wage earners should pay more,

They already are. They pay a higher percentage of their income and
they pay a disproportionate share of the income taxes collected.


the filthy rich who have gotten far richer during our economc collapse
should pay more..

since everyone else is hurting


Which part of "they ALREADY pay more" is it that is confusing you? And
that's "more" by pretty much any definition you care to use.


Lies.

For instance look at:
http://www.cbpp.org/cms/index.cfm?fa=view&id=3150

quote

Tax trends for the top 400 taxpayers

In this podcast, we’ll discuss trends in income and taxes for the
highest-income taxpayers. I’m Michelle Bazie and I’m joined by Chuck
Marr, Director of Federal Tax Policy at the Center on Budget and
Priority Policies (CBPP).

1. How have the very wealthiest taxpayers fared in recent years?

The federal income tax obligations for the wealthiest 400 people in the
country has declined dramatically. On a bottom line basis, this elite
group pays income taxes at about half the rate they did 15 years ago.
They pay income taxes at less than 17 cents on the dollar.

Moreover, while the incomes of average Americans have stagnated, the
incomes of the top 400 have surged, increasing by more than 400 percent
over a decade and a half.

What puts someone in this top 400 category?

To make it into the top 400, a household needed an adjusted gross
income of at least $139 million in 2007.

end quote

But do not worry. The tea party has begun. They won, and now they have
the best democracy money can buy.

Le 08/11/10 14:10, Fred J. McCall a écrit :
jacob wrote:



For instance look at:
http://www.cbpp.org/cms/index.cfm?fa=view&id=3150

quote

Tax trends for the top 400 taxpayers



CBO says that the Top 5% of income earners (~$400k and above) are
paying around a 30% tax rate.


WHERE does it say that?

WHICH DOCUMENT ?

On Nov 8, 9:03*am, jacob navia wrote:
Le 08/11/10 14:10, Fred J. McCall a écrit :





jacob *wrote:

For instance look at:
http://www.cbpp.org/cms/index.cfm?fa=view&id=3150

quote

Tax trends for the top 400 taxpayers

CBO says that the Top 5% of income earners (~$400k and above) are
paying around a 30% tax rate.

WHERE does it say that?

WHICH DOCUMENT ?- Hide quoted text -

- Show quoted text -

my opinion is based on the declining tax trends for the top 400......

probably CEOs of fiancial companies we had to bail out

Le 08/11/10 16:14, a écrit :
On Nov 8, 9:03 am, jacob wrote:
Le 08/11/10 14:10, Fred J. McCall a écrit :





jacob wrote:

For instance look at:
http://www.cbpp.org/cms/index.cfm?fa=view&id=3150

quote

Tax trends for the top 400 taxpayers

CBO says that the Top 5% of income earners (~$400k and above) are
paying around a 30% tax rate.

WHERE does it say that?

WHICH DOCUMENT ?- Hide quoted text -

- Show quoted text -

my opinion is based on the declining tax trends for the top 400......

probably CEOs of fiancial companies we had to bail out

Obvious. The rich screwit up, then the poor have to bail them out.

THEN


.... the rich complain that bailing them out is not enough. They should
pay even LESS taxes and let the deficit and its consequences to be
solved by...

OBVIOUS

the poor!

On Nov 8, 10:20*am, jacob navia wrote:
Le 08/11/10 16:14, a écrit :





On Nov 8, 9:03 am, jacob *wrote:
Le 08/11/10 14:10, Fred J. McCall a écrit :

jacob * *wrote:

For instance look at:
http://www.cbpp.org/cms/index.cfm?fa=view&id=3150

quote

Tax trends for the top 400 taxpayers

CBO says that the Top 5% of income earners (~$400k and above) are
paying around a 30% tax rate.

WHERE does it say that?

WHICH DOCUMENT ?- Hide quoted text -

- Show quoted text -

my opinion is based on the declining tax trends for the top 400......

probably CEOs of fiancial companies we had to bail out

Obvious. The rich screwit up, then the poor have to bail them out.

THEN

... the rich complain that bailing them out is not enough. They should
pay even LESS taxes and let the deficit and its consequences to be
solved by...

OBVIOUS

the poor!- Hide quoted text -

- Show quoted text -

then the rich buy the election to congress of people who will give
them what they want, without regard to the effect to the rest of the
country

On Sun, 7 Nov 2010 17:38:46 -0500, "Val Kraut"
wrote:

a) President Obama extended ISS from 2015 to 2020.

He'll be out of office for at least 3 years in 2015

They all said Clinton couldn't possibly be re-elected after the 1994
midterms bloodbath, too. Oops. And in 1994, the GOP took the Senate,
too, not just the House as they did last week.

President Obama's chances for re-election hinge on how the next two
years go, I think. If the economy improves and he can pull a Clinton
and suddenly move toward the middle, he has a reasonable chance. And
of course, there really is no one on a national level that the GOP can
run against him. Sarah Palin? Um, no, far too polarizing (and
scatter-brained, and now has a very unfortunate record of being a
quitter when things get tough for her)... she has zero chance of
winning over the independents who are needed for the GOP to overcome
the Dems' numbers advantage.

Brian

Fred J. McCall wrote:
CBO says that the Top 5% of income earners (~$400k and above) are
paying around a 30% tax rate.

Based on the IRS statistics on tax returns, from this site:

http://www.irs.gov/taxstats/indtaxst...0.html#_prelim

using the 2008 "Individual Income Tax Returns: Selected Income and Tax Items"
Classified by AGI:

Under 15,000 30,000 50,000 100,000 200,000 250,000
to to to to to to
15,000 30,000 50,000 100,000 200,000 250,000 and up
% of payers 26.54 20.87 17.98 21.81 9.73 1.08 1.99

The sum of all payers 200,000 and up is 3.07%. It's not possible to see the
5% and 10% income points from this data.

For tax year 2007 there is more data available. However, it also is not
detailed enough for me to find the 5% point you quote. I can give these
numbers:

200,000 and above is 3.17%
100,000 and above is 12.58%

So, 5% and 10% are both in that 100,000 to 200,000 income range. I think it's
hard to make any sort of point with that data.

Who pays what percentage of the income tax?

75,000 100,000 200,000 500,000 1M 1.5M 2M 5M 10M
to to to to to to to to
100,000 200,000 500,000 1M 1.5M 2M 5M 10M up
%of tax 8.4 20% 17% 9.25% 4.3% 2.6% 6.95% 3.94% 9.94%
paid

to put another way:
75,000 100,000 200,000 500,000 1M 2M 5M 10M
and up and up and up and up and up and up and up and up
% of tax 84% 75% 55% 37% 28% 21% 14% 10%

That is, people making 200,000 and up pay 55% of individual taxes paid to the
US Government.

What is the tax rate of the various groups?

75,000 100,000 200,000 500,000 1M 1.5M 2M 5M 10M
to to to to to to to to
tax 14% 17% 24% 27% 27% 27% 27% 25% 22%
rate

calculated using tax / taxable income

But don't trust my numbers -- copy down the IRS spreadsheets and put the
numbers together yourself.

Interpretation is, of course, open for debate

Glen Overby

Fred J. McCall wrote:
Why not just go get the original CBO reports?

I didn't find them and you didn't give a pointer to them.