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FarLeftFist (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 12:52 AM Original message |
Why the f**k are we even talking about raising top tax rates to 39%?! |
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FarLeftFist (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 12:56 AM Response to Original message |
1. Also |
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NYC_SKP (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 12:57 AM Response to Reply #1 |
2. Right on... |
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dkf (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 01:02 AM Response to Reply #1 |
4. We don't tax based on wealth...we tax on income. |
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indepat (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 03:56 PM Response to Reply #4 |
26. Pubs certainly don't want to tax any of the trillions of dollars of wealth accumulated during |
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The Magistrate (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 03:58 PM Response to Reply #4 |
27. They Track Closely Enough, Ma'am |
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JDPriestly (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 10:41 PM Response to Reply #27 |
55. Actually, it isn't all that easy to value and tax assets. |
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The Magistrate (1000+ posts) Send PM | Profile | Ignore | Sat Jul-16-11 04:10 AM Response to Reply #55 |
79. Estate Taxes Are The Traditional Method, Sir |
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JDPriestly (1000+ posts) Send PM | Profile | Ignore | Sat Jul-16-11 12:25 PM Response to Reply #79 |
86. The worry over debt to GDP ratio is just a ruse to steal our |
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The Magistrate (1000+ posts) Send PM | Profile | Ignore | Sat Jul-16-11 01:40 PM Response to Reply #86 |
87. True Enough, Sir |
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JDPriestly (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 10:30 PM Response to Reply #4 |
54. People who have that much wealth get high income from it. |
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dkf (1000+ posts) Send PM | Profile | Ignore | Sat Jul-16-11 01:29 AM Response to Reply #54 |
76. Unless they buy munis. |
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JDPriestly (1000+ posts) Send PM | Profile | Ignore | Sat Jul-16-11 03:05 AM Response to Reply #76 |
78. True, but then, it appears now that the munis which used to be |
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RaleighNCDUer (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 10:46 PM Response to Reply #4 |
56. And of course, wealth has NOTHING to do with income. |
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dkf (1000+ posts) Send PM | Profile | Ignore | Sat Jul-16-11 01:29 AM Response to Reply #56 |
77. Wealth is generally the by product of income |
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The Magistrate (1000+ posts) Send PM | Profile | Ignore | Sat Jul-16-11 04:12 AM Response to Reply #77 |
80. Actually, No, Ma'am, Unless You Mean Income Over Generations, Or Owing To Capital Appreciation |
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quakerboy (1000+ posts) Send PM | Profile | Ignore | Sat Jul-16-11 12:34 AM Response to Reply #4 |
70. But only based on certain types of income |
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MADem (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 01:04 AM Response to Reply #1 |
8. Now that's a fine statistic! Into the tool bag with that one! |
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FarLeftFist (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 01:08 AM Response to Reply #8 |
11. And that is 2007. The gap has widened. |
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The Big Vetolski (436 posts) Send PM | Profile | Ignore | Fri Jul-15-11 01:39 PM Response to Reply #1 |
25. And some people here think capitalism is SUSTAINABLE? |
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Kaleko (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 04:59 PM Response to Reply #25 |
34. US-style capitalism is unsustainable, that's for sure. |
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TBF (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 10:57 PM Response to Reply #34 |
61. "Sensible Capitalism" is an oxymoron. nt |
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Kaleko (1000+ posts) Send PM | Profile | Ignore | Sat Jul-16-11 12:03 AM Response to Reply #61 |
67. Maybe you have a better word for what wants to emerge naturally |
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TBF (1000+ posts) Send PM | Profile | Ignore | Sat Jul-16-11 09:36 AM Response to Reply #67 |
84. What I would like to see "emerge naturally" is an end to capitalism and rise of the workers. nt |
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pansypoo53219 (1000+ posts) Send PM | Profile | Ignore | Sat Jul-16-11 12:23 AM Response to Reply #25 |
68. this is crapitaqlism. |
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surrealAmerican (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 04:59 PM Response to Reply #1 |
35. Nice pie chart. |
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sabo_tabby (87 posts) Send PM | Profile | Ignore | Fri Jul-15-11 12:57 AM Response to Original message |
3. Top tax rate in 50s was something like 90%, and no one complained... |
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Electric Monk (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 01:03 AM Response to Reply #3 |
5. Welcome to DU, but it was by Ten Years After, not Cream |
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FarLeftFist (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 01:03 AM Response to Reply #3 |
6. Or possibly since the economy seems like a living breathing entity |
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21st Century FDR (398 posts) Send PM | Profile | Ignore | Fri Jul-15-11 01:04 AM Response to Reply #3 |
7. Right lyrics, wrong band |
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sabo_tabby (87 posts) Send PM | Profile | Ignore | Fri Jul-15-11 01:40 AM Response to Reply #7 |
15. Apologies to all/nt |
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quaker bill (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 04:59 AM Response to Reply #3 |
21. Actually, I am pretty sure there were complaints |
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The Magistrate (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 04:00 PM Response to Reply #21 |
28. Not Only Complaints, Sir --- Clever Accountants |
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slackmaster (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 04:35 PM Response to Reply #3 |
33. Nobody actually paid it |
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Synicus Maximus (828 posts) Send PM | Profile | Ignore | Fri Jul-15-11 09:17 PM Response to Reply #3 |
47. But in the 50s they could deduct things like interest on all credit |
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Zebedeo (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 10:02 PM Response to Reply #3 |
52. "Tax the rich/Feed the poor/Til there are no/Rich no more" |
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DeadEyeDyck (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 01:07 AM Response to Original message |
9. why not tax all and just return what you need in |
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sabo_tabby (87 posts) Send PM | Profile | Ignore | Fri Jul-15-11 01:39 AM Response to Reply #9 |
14. I've wondered that myself... |
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Dorian Gray (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 05:47 AM Response to Reply #14 |
23. That sounds like a fantastic world!!!! |
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Serve The Servants (187 posts) Send PM | Profile | Ignore | Fri Jul-15-11 06:13 AM Response to Reply #14 |
24. Let's just stick with taxing the shit out of the uber wealthy. |
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sabo_tabby (87 posts) Send PM | Profile | Ignore | Fri Jul-15-11 04:32 PM Response to Reply #24 |
32. I appreciate your opinon but... |
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Serve The Servants (187 posts) Send PM | Profile | Ignore | Fri Jul-15-11 07:26 PM Response to Reply #32 |
39. Sorry, no sale. |
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ut oh (190 posts) Send PM | Profile | Ignore | Sat Jul-16-11 01:17 AM Response to Reply #32 |
74. You exlude a lot of what individualism brings us |
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JDPriestly (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 10:51 PM Response to Reply #24 |
58. We don't need capitalism or socialism. |
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Dreamer Tatum (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 04:17 PM Response to Reply #14 |
30. Enjoy your stay. Try to disguise yourself better. nt |
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Enthusiast (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 09:51 PM Response to Reply #30 |
49. I got the same impression. |
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Serve The Servants (187 posts) Send PM | Profile | Ignore | Fri Jul-15-11 10:23 PM Response to Reply #49 |
53. The scary thing is |
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RaleighNCDUer (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 10:56 PM Response to Reply #53 |
60. And what's wrong with that? |
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Serve The Servants (187 posts) Send PM | Profile | Ignore | Fri Jul-15-11 11:28 PM Response to Reply #60 |
66. I want neither fascism nor communism. |
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RaleighNCDUer (1000+ posts) Send PM | Profile | Ignore | Sat Jul-16-11 11:51 PM Response to Reply #66 |
89. You misunderstand. If there are no communists out there making |
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Enthusiast (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 10:49 PM Response to Reply #14 |
57. But I want my meat! |
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riderinthestorm (1000+ posts) Send PM | Profile | Ignore | Sat Jul-16-11 12:44 AM Response to Reply #14 |
71. Wow, what a dream. Welcome to DU. Creative thinking at it's best. nt |
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Dreamer Tatum (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 04:12 PM Response to Reply #9 |
29. Give all my money to the government and ask for an allowance? |
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Serve The Servants (187 posts) Send PM | Profile | Ignore | Fri Jul-15-11 08:32 PM Response to Reply #29 |
42. Pending committee approval of course N/T |
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sylveste (126 posts) Send PM | Profile | Ignore | Fri Jul-15-11 06:08 PM Response to Reply #9 |
36. because |
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nadinbrzezinski (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 01:07 AM Response to Original message |
10. Because of thirty years of ideology |
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FarLeftFist (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 01:13 AM Response to Reply #10 |
12. So true. |
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nadinbrzezinski (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 01:23 AM Response to Reply #12 |
13. You are dealing with religious dogma |
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JDPriestly (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 10:54 PM Response to Reply #12 |
59. Great post. It goes back a lot further than that. |
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stockholmer (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 01:46 AM Response to Original message |
16. one large problem,no matter the tax rate was (even 90% top)they never collected more than 20% of GDP |
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PoliticAverse (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 04:08 AM Response to Reply #16 |
19. Your post highlights the problem... |
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JDPriestly (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 11:08 PM Response to Reply #19 |
64. What would be the problem with killing off most short-term trading? |
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quaker bill (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 05:32 AM Response to Reply #16 |
22. It is also a Tax Expenditure problem |
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JDPriestly (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 11:04 PM Response to Reply #16 |
63. Have you looked at this list which compares the debt to GDP rates |
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stockholmer (1000+ posts) Send PM | Profile | Ignore | Sat Jul-16-11 06:37 AM Response to Reply #63 |
82. whilst the public debt-based deficit went down under Clinton,intra-governmental debt went up, wiping |
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JDPriestly (1000+ posts) Send PM | Profile | Ignore | Sat Jul-16-11 12:19 PM Response to Reply #82 |
85. That means that taxes have to go up. |
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JDPriestly (1000+ posts) Send PM | Profile | Ignore | Sat Jul-16-11 04:45 PM Response to Reply #82 |
88. Maybe instead of borrowing from China |
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Go2Peace (1000+ posts) Send PM | Profile | Ignore | Sat Jul-16-11 12:47 AM Response to Reply #16 |
72. Now hold on a minute..... There are some RW fallicies (unintentionally) included in your arguments |
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stockholmer (1000+ posts) Send PM | Profile | Ignore | Sat Jul-16-11 06:56 AM Response to Reply #72 |
83. the 'surplus' was a phony number (see my post above), and inflation-adjusted GDP is so not going up |
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Petrushka (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 02:07 AM Response to Original message |
17. K & R |
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aquart (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 02:33 AM Response to Original message |
18. That's them. I'm talking 90%. We're at war. |
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iwishiwas (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 04:40 AM Response to Original message |
20. Even regular repugs are in fear of the teaparty folk who are running |
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bullwinkle428 (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 04:23 PM Response to Original message |
31. K&R. Here are the brackets as they currently stand, just for |
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defendandprotect (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 10:01 PM Response to Reply #31 |
51. Somewhere in the Eisenhower years, GOP gave the poor the honor of paying taxes ...!!! |
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myrna minx (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 06:09 PM Response to Original message |
37. K&R n.t |
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pasto76 (835 posts) Send PM | Profile | Ignore | Fri Jul-15-11 06:57 PM Response to Original message |
38. its really only 2 wars. |
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L0oniX (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 07:45 PM Response to Original message |
40. At the time of WW1 there was an 80% tax on income over 1 million. |
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Jim_Shorts (355 posts) Send PM | Profile | Ignore | Fri Jul-15-11 08:20 PM Response to Original message |
41. But, But, they need that $ to create new jobs ..lol |
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julian09 (418 posts) Send PM | Profile | Ignore | Fri Jul-15-11 08:44 PM Response to Reply #41 |
44. They only want to raise tax rate from 35% to 39% on rich only |
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markpkessinger (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 08:52 PM Response to Reply #41 |
45. ... in Singapore ;) n/t |
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Syntheto (283 posts) Send PM | Profile | Ignore | Fri Jul-15-11 08:32 PM Response to Original message |
43. Wow... |
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fascisthunter (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 09:10 PM Response to Original message |
46. amazing isn't it? |
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Enthusiast (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 09:45 PM Response to Original message |
48. Kicked and Recommended! Great OP! |
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defendandprotect (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 09:58 PM Response to Original message |
50. Cutting taxes on wealthy creates recession, even depressions -- what could be clearer!! |
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geckosfeet (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 11:02 PM Response to Original message |
62. There is no debate. The media is peddeling the 'tax cuts kill jobs' meme, |
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Jack Sprat (1000+ posts) Send PM | Profile | Ignore | Fri Jul-15-11 11:24 PM Response to Original message |
65. Some 50% on a million to ten million |
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okieinpain (1000+ posts) Send PM | Profile | Ignore | Sat Jul-16-11 12:33 AM Response to Original message |
69. i rec the post because I believe in peoples right to speak freely |
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Go2Peace (1000+ posts) Send PM | Profile | Ignore | Sat Jul-16-11 01:07 AM Response to Reply #69 |
73. I don't believe the myth that the rich got there by working harder |
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okieinpain (1000+ posts) Send PM | Profile | Ignore | Sat Jul-16-11 01:25 AM Response to Reply #73 |
75. yes and that's all true but that doesn't mean we can just take |
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B Calm (1000+ posts) Send PM | Profile | Ignore | Sat Jul-16-11 04:18 AM Response to Original message |
81. Freedom isn't Free, they need to quit whining and pay their damn taxes! |
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