Speaking of the budget, Senate Democrats (who see no reason to even propose a budget) didn't take Obama's budget seriously. It went down 0-97.

Interesting vote also on the Ryan budget plan. As expected there were 4 RINO's who voted with the Dems... and Rand Paul who thinks the cuts should be greater .
I can see already that Paul will be the Senate version of his old man... a gadfly.

Hello again, tom:

Or, they could just be people who want to keep their jobs.

What is SOOOO funny here, is you don't realize just how much you sound like the Democrats did about the health care bill. They kept saying that once people really UNDERSTAND the bill, they'll like it... Now, you're taking up that mantra...

excon

Brown ,Snowe, Collins ,Murkowski Their votes are predicatable . They may as well change party now and end the charade.

That's repeated a ,ot by the right but it's not the case:
Corporate Taxes | 1955 vs. 2010 [PIC] - Digg

Where in your link does it show US corporate tax rates? It doesn't.

Who's talking taxes against GDP ?
Here is one that has not been revised since Japan lowered their corporate tax rates

Corporate Tax Rates By Country - Worldwide Tax Rates | Contrarian Musings

The Tax Foundation - U.S. Corporate Taxes Now 50 Percent Higher than OECD Average

How can the tax rate stay the same but contribute less and less to the total revenue?

Clearly there are other sources of revenue besides corporate rates as your chart indicates.

Such as?

Your country gets it
Corporate Income Tax Rates | Canada Business Tax | Canadian Business & Corporate Tax Rates

Hello again,

Taxes, schmaxes...

It's a red herring. The political strategy of the right wing is to starve the beast... They HATE social programs, but realize that attacking them directly isn't very popular... So, they figured out that if there's no MONEY, the HATED social programs will die on the vine...

Or so, that's the idea. They thought that when they showed the country that the money is gone, the country would cave. They didn't. Turns out, we LIKE taking care of the old people - ESPECIALLY when most of us PLAN on getting old - and about HALF of us are Republicans.

Back to the schmaxes.. I mean taxes... Having been a successful tax planner, I can tell you that the published corporate tax rate is a sham.. NOBODY pays that rate. In fact, it's SOOO rife with loopholes (deductions) that they pay as much, or as LITTLE as they want to, just like General Electric did.

In MY view, the reason corporations are moving off shore is NOT because of taxes... It's because OTHER countries workers happen to be better educated than our own. In fact, it's the RIGHT WING who is attacking public education, and has been for 30 years... The result is we have a STUPID workforce. This is what happens when you let Republicans run the show - CHAOS!

excon

Uh, income tax, licensing fees, regulatory fees, penalties and fines, sales tax...

And the political strategery of the left is to ever expand government "entitlements"
To create a growing constituency dependent on the entitlements and the party .
That house of cards is crashing down and their answer is to pretend it isn't happening .

I think its pretty clear that a lot of changes must be made. Compromises on both parts.

Perhaps they should adopt the plan proposed by Democrat Sen. John Breaux (D-LA) in the late 1990s that came within one vote of a super-majority vote of getting out of the House Ways and Means Committee . The Breaux plan that he proposed from his 'National Bipartisan Commission on the Future of Medicare' would have transformed Medicare into a premium support system, where instead of Medicare directly covering beneficiaries or underwriting their participation in HMOs, beneficiaries would be given a fixed amount of money to purchase private health insurance. Seniors would be able to pick from a list of insurance plans, while getting federal subsidies to help pay for them. Back then there were at least some Democrat greats that get it including Bob Kerrey of Nebraska , Pat Moynihan of New York , and Chuck Robb of Virginia. Ironically the vote turned on the issue of adding prescription drugs for Medicare beneficiaries . Ironic because in the last decade the only meaningful reform of Medicare has been related to prescription drugs (Part D)and senior's choice (Medicare Advantage plans ).

As a side note ;Breaux's Medicare Commission staff director at the time was now Republican Governor La. Bobby Jindal.

Hello tal:

Tom agrees. We should compromise between ONE plan that kills Medicare, or ANOTHER plan that kills Medicare... He does NOT get that compromise means raising taxes...

excon

Taxes, schmaxes

Medicare is not funded by taxes.. remember ? It's like Social Security... put in a lock box... right ? There should be no funding issues if there wasn't theft from the plan... right ?
The solution to a failing ponzi scheme is to add more cash to it I guess.

Hello again, tom:

Couple things... You brought up another issue... I agree wholeheartedly that STEALING from plan will cause it to go bankrupt... That's different than the plan being a ponzi scheme. If it's a ponzi scheme, then so is your local fire department. The difference is, your community FUNDS your fire department.

So,as long as we mis-characterize the very programs we're talking about here, there won't be any solutions. The ONLY solution, and the one that's worked for the last 50 years or so, is to IMPOSE it upon an unwilling right wing, because you'll NEVER get, and NEVER have gotten the right wing to agree. To them, it IS a ponzi scheme.

So, SCREW 'em. Get POWER and MAKE it so. Isn't that the way YOU guys operate? Isn't that what you'll do, IF you get power? You betcha that's what you'll do. I'm watching your governors do it right now.

Medicare works and the people want it - by a BIG majority!

excon

Truth is that there never was a trust fund and everyone knew it. Yeah everyone loves ripping off the youth of America to pay for the elderly . The fact is that there were 6 workers for every retiree when Medicare pyramid was concocted . Now it's below 4 workers even before the bulk of the Baby Boomers retire. There is no generation that large replacing them .
The math is indesputable.. $80 trillion in Medicare liabilities for a US economy is only $15 trillion. Madoff was a piker compared to that.