In its monthly accounting of the government’s books, the Treasury Department said Wednesday that revenue for the month totaled $315.1 billion as Americans filed their tax returns by the April deadline. The gusher of tax revenue pushed total receipts up by 13.4 percent from April 2005.

It marked the largest one-month receipt total since the government collected $332 billion in revenue in April 2001, reflecting a boom in capital gains from stock investors lucky enough to cash out their investments before the bursting of the stock market bubble in early 2000.
http://www.breitbart.com/news/2006/05/10/D8HH2VM08.html

You’re welcome. You losers who make under 40k/year paid virtually nothing. I guess that’s why you can afford all those lottery tickets.

They are the ones who need to be watched!! What corrupts more than power / money?!

This is more evidence that the Left is fundamentally ignorant of basic economics. You can’t have a strong economy without leaving capital – as much capital as possible – in the hands of those who create the jobs. That includes every member of the investor class, which is growing once again. Lowering taxes only increases the size of the investor class over time, and thus creates more jobs for everyone.

There’s just one problem with that theory: That rarely – if ever – happens. IT’S A MYTH.

Instead, those at the top simply pocket the money and give themselves raises. For proof, just look at the stunning growth in CEO salaries and the stagnant (when inflation is taken into account) wages of those who actually do the work.

Add to that the decent paying manufacturing jobs that are disappearing in this country and what the current administration and Congress are doing is creating a few select haves and a bunch of have-nots.

The Bush tax cuts actually increased the tax burden on the top income earners, while reducing the burden on the middle class.

And what, exactly, is your proof of this? Link, please.

I forget the exacty statistics,

Translation: I have no stats to back up my claim …

… Yet when I look at “progressive” wishlists for a prospective Democratic Congress they tend to include lots of expensive programs, like universal healthcare, and more taxes on the “rich”

And when I look at Conservative realities, they tend to include wars that cost billions, ricockulous debt, rampant corruption that that leads to multi-million dollar payoffs, and a refusal to adjust the minimum wage so that people can make a living.

There is no way that taxpayers are going to stand for taking more money out of their paychecks every month!

That’s because a majority of taxpayers wouldn’t have that money taken out of their paychecks – all we ask is that billionaires not get huge tax breaks, and that corporations pay their fair share instead of getting billions in what amount to government subsidies.

Face it – the current system is NOT working for a vast majority of Americans. Well, unless you’re rich (which I would define as income of more than $200,000 a year per person, with adjustments for where the person lives).

These tax cuts are obscene!

-American Progress Report-

Marie #10,

…don’t you think?

It’s pretty much a revolving pattern, and the public should have figured it out by now. Follow the money is as good advice now as it was made known 35 years ago.

#18 Beavercleaver

Only 35 years ago? People should have figured it out 2006 years ago when Christ was taking on the money changers and Pontius Pilot. The more things change the more they stay the same I suppose.

We need to do more than just follow the money, we need to keep an eye on it at all times.

Regarding the trickle down cartoon that clyde the ripper provided I have another trickle down theory. I call it the trickle down theory of accountability.

Invest money in the kind of surveillance measures that would make Big Brother blush at the very top of society – amongst the politicians, CEO’s and seniormost bureacrats – and watch accountability trickle down through the rest. For just a few hundred million dollars I bet we could easily hard-wire the above to the Internet via wireless wearable web-cams and microphones. People could then just log on to their Governet and see what their political and economic leaders and minions were up to at any time.

Think of it this way, most nations, especially the one’s under God, have labored under the belief that God was keeping an eye on their rulers and that the fear of His judgement would curb their excesses. Sounds good in theory doesn’t it? My solution simply builds on this and the idea that ‘thou art God’.

Aiming Big Brother’s telescreens the other way is the only way we’ll be able to do anything about the Machiavellian circle-jerk we call power and wealth – the fundamental root cause of most of our world’s problems.

Hey BSR, this country was founded upon the AMERICAN DREAM, where the little guy is SUPPOSED to have a fighting chance. What about those of us with dreams of NOT working for a corporation for their entire lives only to be Enronned?!?

Leaving “as much capital as possible – in the hands of those who create the jobs” – only gives FAT BASTARDS like Lee Reynolds of exxon $400 Million dollar “retirement packages”.

And what about “offshore corporations” and their non-taxpaying MO? Are you for those, too?

If you actually pay attention to the rate of CEO raises compared to the avg. worker, you might change your mind. But that would require critical thinking and that might lead to answers that don’t support the ‘resident.

Comment by Marie #10

Marie,

…and the Republiscum-led congress is passing another round of tax cuts for the rich?

Your comments, your reference to QC, and your Pseudonym bring back memories of my production years and the old adage: Those that can, do; those that can not, teach; those that don’t know the difference, inspect. Obviously you have some orientation problems. Just click on Clyde and learn the truth!