Well would would you expect from the God Owful Party? They never fail to snatch defeat out of the jaws of victory. They also never blow and opportunity to blow an opportunity.

Doctors Sowell and Williams, and many others, point out the fallacy of these statistics. Simply put, the same people aren't in the categories each year.

Moreover, why not go further and eliminate this tax? It's a start!

I love to hear that 47% 0f Americans don't pay taxes Federal Income tax. It's what is done to the other 53%, which is bothersome. Repeal the XVI amendment while they are in a tax cutting mood (yeah, right).

By passing the FairTax (HR25/S13), class warfare would no longer exist. The rich, middle class, and large corporations would be able to directly impact economic growth more positively when they spend and invest without being stifled -- and the government will be able to reverse their current negative impact as well!

The message that the GOP should be conveying is that we DO NOT HAVE A TAX REVENUE PROBLEM, WE HAVE A SPENDING PROBLEM!!!

The message should be very simple so that the average voter (6th grade mentality) can get it.

Look at the empty rhetoric of "hope and change" that got a marxsist into the White House that has wrought more damage to our Country than ANY enemy we ever had.

Actually, R., I am of the opinion that the Occupy White House is a much bigger concentration of crime than Occupy Wall Street. And so far I've only seen Boehner bravely step forward to surrender.

"It's The Spending, Stupid"

We have the most progressive tax rates in the world, including the so called 'socialist states".

We have 47% of Americans paying NO FEDERAL INCOME TAX!

The Feds can confiscate all earned income over $1,000,000 and run the country for only 32 days!

If the broaden the net and take ALL income over $200,000 that will run the country for 121 days.

As Biden said - we need to get some "skin in the game". But we need skin from the 47% freeloaders.

A flat tax percentage for all Americans on earned income is the ONLY fair approach.

Perhaps the left does not understand percentages.

Do they not understand that the wealthy will pay much more than the poor, even at the same rate?

Many of the uneducated left, and the masses of inattentive Americans clearly do not grasp the concept.

Flat tax rates for all, and a safety net for the poor is the only way this nation can recover from the spending of the democrat congress and Obama's Federal slush fund for democrat stimulus.

The flat tax is no panacea. It will never fly. Americans have always believed in a progressive tax structure, and yes, that should include capital gains. Why are my few dollars of capital gains taxed at the same rate as Buffet's billions? Therefore you need to be promoting tax reform. Eliminate the corporate income tax, and stop double taxation. A consumption tax is part of the solution, IMO,and is much more "fair". Reviewing and eliminating many deductions will be necessary. Those that think they can shift our country to a flat or "fair" tax overnight are deluding themselves and their efforts are in vain.

The sad story is that some Republicans are against extending the payroll tax reduction. This truly makes me sick. A true conservative understands that it’s just as immoral to over tax Joe six pack as it is his boss.

The best way to revive an economy is to let people have control of their own money.

I’ve said from the beginning that “stimulus” dollars are wasted. They are targeted to pay back union thugs for their votes. The dollars that start are turned into pennies as government waste, graft and corruption skim them away. Even then they sit for years waiting for red tape to get a project started.

When the people are allowed to keep more of their own money they put it to use. Even if they use the money to save or pay down debt they are providing or freeing up capital. At minimum they are keeping their household afloat. At best they are buying products and services that boost the economy.

Tax reduction is just as important for the average household as it is for the business owner. (When I say “average household” I’m talking about the average household that pays income tax, not the bottom 47% that don’t pay any.)

@Greg,

Why do you suppose the Republicans are against a tax cut, in this case payroll tax? You are aware that it is supposed to fund social security, a currently underfunded program that can most accurately be defined as a pyramid scheme? Social security is currently acting as a huge wealth transfer from young to old, where most of the wealth is concentrated already. As I approach retirement in the next 20 years, if I'm lucky, after paying into social security my whole life do you think I'm happy about the prospect of being "means tested" out of it, because Obama would rather play the feel good tax-cutter game to his minions, robbing me to pay Paul and buy votes with a temporary $1000 gift? Is this your idea of a long term solution, or are you convinced that this is a real, long term smart economic stimulous program we will all benefit from? Point being Obama is only playing politics and is not serious about economic solutions.

I agree with much of what you say. However, the stock market is just that. It provides liquidity for those who want to sell or those who want to buy the outstanding shares or debt of enterprises. The market is a market and nothing more. The only direct benefit a corporation gets is the money raised on the initial issuance of stock or bonds. Except for some indirect benefits the issuers get nothing more out of the market.. Accordingly all stock market "investments "are speculations whether made for the short term of the longer term. When executives compensation is largely based upon the outcome of wholly speculative market results, there is an understandable inclination for executives to game the market because it benefits them to do so. Hedge funds, options and trading on computerized algorithims just further distort it. And government and bailouts make it worse.,p[articluarly when banks and others are playing in themarket with virtually none of their own money., but ratherwith paper suued by the FED.