Taxes Went Up and Who's Fault Is It?

[quote]countingbeans wrote:

[quote]usmccds423 wrote:

[quote]pittbulll wrote:

[quote]usmccds423 wrote:
Correct me if I’m wrong, but wasn’t the payroll tax holiday started under Bush? If that’s the case then isn’t is correct to say that Bush lowered taxes on the Middle class and by allowing them to expire Obama didn’t actually raise taxes, but increased the tax liability of all classes via inaction (whether calculated or not).

Is that accurate? [/quote]
[/quote]

That has nothing to do with what I typed. Also that makes sense.

If you get a 10% cut across the board it would look like this:

Taxable Income: Tax benefit:
100K 10K
50K 5K
30K 3K
10K 1K

So the more you make, i.e. top 1% get’s largest cut. And that’s assuming a flat rate, which it isn’t. Doesn’t matter, the top 1% still pays more in taxes in real dollars. [/quote]

Oh god, you are using math. Liberals everywhere will foam at the mouth at thsi post, because without the “bush’s fault” talking points, they sorta lose steam.[/quote]

Funny beans you are critisizing one of your own though his math looks to be in good order

[quote]pittbulll wrote:

[quote]countingbeans wrote:

[quote]pittbulll wrote:

[quote]countingbeans wrote:

[quote]smh23 wrote:

But Obama never really put any energy into trying to avert the expiration of the payroll tax holiday, so at least that bump is partially on him.[/quote]

Thank you. Neither side wanted it extended, because it was a dumbass move in the first place.[/quote]

Obama’s plan raised taxes on millionaires The Republicans wanted to negotiate . It had to be the Republican proposal that the middle class suck it up

[/quote]

Good lord… Okay let me try and explain this:

a) Obama wanted to raise income taxes on people making more the 200/250k.
The GOP wanted to raise income taxes on no one.

b) Obama didn’t push, plan or speak at lenght abotu keeping the payroll tax holiday.
The GOP didn’t push, plan or speak at lenght abotu keeping the payroll tax holiday.

c) Obama promised taxes wouldn’t go up on anyone making less than 200/250k.
Taxes went up, in the form of allowing the payroll tax holiday to expire, therefore Obama lied.

[/quote]

No one wanted to raise taxes but if we want to balance the budget it is a necessity Obama was going to raise taxes of the top 2% the negotiation resulted a pretty sizable increase for the middle class.

[/quote]

or we could spend less.

I maxed a credit card out at 18. Instead of demanding a raise (raising debt ceiling) or getting a second job (increasing taxes or taxing in new ways), get this, I stopped spending so much money and instead paid as much of my card off per month as possible. Paid it off in a month or two and started saving the extra instead of spending it. Best lesson I ever learned.

A lesson the Fed has yet to learn.

[quote]pittbulll wrote:

[quote]countingbeans wrote:

[quote]usmccds423 wrote:

[quote]pittbulll wrote:

[quote]usmccds423 wrote:
Correct me if I’m wrong, but wasn’t the payroll tax holiday started under Bush? If that’s the case then isn’t is correct to say that Bush lowered taxes on the Middle class and by allowing them to expire Obama didn’t actually raise taxes, but increased the tax liability of all classes via inaction (whether calculated or not).

Is that accurate? [/quote]
[/quote]

That has nothing to do with what I typed. Also that makes sense.

If you get a 10% cut across the board it would look like this:

Taxable Income: Tax benefit:
100K 10K
50K 5K
30K 3K
10K 1K

So the more you make, i.e. top 1% get’s largest cut. And that’s assuming a flat rate, which it isn’t. Doesn’t matter, the top 1% still pays more in taxes in real dollars. [/quote]

Oh god, you are using math. Liberals everywhere will foam at the mouth at thsi post, because without the “bush’s fault” talking points, they sorta lose steam.[/quote]

Funny beans you are critisizing one of your own though his math looks to be in good order
[/quote]

I don’t think he’s criticizing me, maybe I’m wrong…

[quote]MaximusB wrote:

[quote]pittbulll wrote:

[quote]MaximusB wrote:
Phil Mickelson got demonized for considering leaving California for being taxed to death.

Between state and Fed taxes, he stands to lose 62% of his income.

Who the fuck would give that kind of money to these government pigs ?[/quote]

I thought Phil lived over here ?
[/quote]

He is considering AZ as a move, maybe Vegas or Florida, Texas Governor Rick Perry formally invited him to move.

Tiger Woods admitted that taxes were why he left California, and moved to Florida.

Just to give you an idea of how bad this is, I believe I read that Phil makes $45 Million per year, which means he loses almost $7 Million (that’s from the state alone, not counting Feds). If he moves to any of the states I mentioned (except Arizona which still has much friendlier tax rates), he stands to keep that $7 Million.

I am not a hater of someone who made their wealth from whatever skill they have. Trust and believe that anyone who bitches about people paying their fair share were making the money Phil makes, they would be looking for tax loopholes too.

Are you telling me that these rich fucksticks, these Hollywood pussies, these Liberals throbbing weiners don’t look for and use any and all tax loopholes available ?

[/quote]

I will check on that , I thought I heard he bought property and is residing in Paradise Valley

[quote]pittbulll wrote:
…the negotiation resulted a pretty sizable increase for the middle class. [/quote]

Not in regard to Federal Income Tax rates. Only if you make over $400,000 and that is not middle class.

[quote]pittbulll wrote:

No one wanted to raise taxes but if we want to balance the budget it is a necessity [/quote]

It isn’t needed in a normal economy, but in todays economic world, sure it is needed.

But, and this is a large but, if Obama wanted to “balance the budget” why did he refuse to cut spending over the fiscal cliff, and come out and say he wouldn’t do it as any part of the next debt ceiling debate in March?

Me thinks he doesn’t two flying fucks about a balanced budget, and is more concerned with Alynisky style class warfare… He isn’t doing this to balnce a damn thing, because basic math dictates you can’t tax “the rich” enough to balance the budget.

You know, if you would drop the class warfare rhetoric for a second and take the time to look into this, you would see that isn’t what is happening.

Incomes vary from year to year. Just because you have a big year this year, doesn’t mean you are “top 2%” or are in any way rich…

2% on the first 120ish thousand in wages… You know, what workers have been paying the last couple decades before 2010…

No I don’t proof my posts, and I’m not getting paid to type here, so you guys get my firts draft…

[quote]usmccds423 wrote:

I don’t think he’s criticizing me, [/quote]

lol, not even close my man, not even close.

[quote]usmccds423 wrote:

[quote]pittbulll wrote:

or we could spend less.

[/quote]

we agree and I have posted several time on this and all I hear is crickets . The 800 lb gorilla is national defense. FBI,CIA,NSA,TSA,DEA, a myriad of other acronyms along with money we give to Israel,Mexico and a myriad other countries , military bases on every continent pentagon budget, military industries, Military pensions and health care , disabled Vets, all for National defense . It is FUCKING HUGE and needs to be addressed . The Republicans want you to think we can balance the budget on Grandma’s SS check and getting that pot smoking dead beat of of welfare. At least the Democrats are a little kinder that the Republicans , They are not going to sell Gramdma out while the whole country goes down in flames

[quote]BlueCollarTr8n wrote:

[quote]pittbulll wrote:
…the negotiation resulted a pretty sizable increase for the middle class. [/quote]

Not in regard to Federal Income Tax rates. Only if you make over $400,000 and that is not middle class. [/quote]

what they call (TODAY) payroll tax . What we used to call Social Security Insurance

lol that in a leftist mind fixing SS so it will be sustainable = “selling out grandma”.

Good lord, I expect nothing but ruin for this country if 30-40% of the population actually thinks this way.

But don’t worry Pitt, you can keep your SS just the way you like it, my kids will fix your problem.

[quote]pittbulll wrote:

[quote]usmccds423 wrote:

[quote]pittbulll wrote:

or we could spend less.

[/quote]

we agree and I have posted several time on this and all I hear is crickets . The 800 lb gorilla is national defense. FBI,CIA,NSA,TSA,DEA, a myriad of other acronyms along with money we give to Israel,Mexico and a myriad other countries , military bases on every continent pentagon budget, military industries, Military pensions and health care , disabled Vets, all for National defense . It is FUCKING HUGE and needs to be addressed . The Republicans want you to think we can balance the budget on Grandma’s SS check and getting that pot smoking dead beat of of welfare. At least the Democrats are a little kinder that the Republicans , They are not going to sell Gramdma out while the whole country goes down in flames
[/quote]

National defense is a large part of Fed spending, but it is also one of the few things the constitution actually allows the Fed to spend money on.

[quote]pittbulll wrote:

[quote]countingbeans wrote:

[quote]pittbulll wrote:

[quote]countingbeans wrote:

[quote]smh23 wrote:

But Obama never really put any energy into trying to avert the expiration of the payroll tax holiday, so at least that bump is partially on him.[/quote]

Thank you. Neither side wanted it extended, because it was a dumbass move in the first place.[/quote]

Obama’s plan raised taxes on millionaires The Republicans wanted to negotiate . It had to be the Republican proposal that the middle class suck it up

[/quote]

Good lord… Okay let me try and explain this:

a) Obama wanted to raise income taxes on people making more the 200/250k.
The GOP wanted to raise income taxes on no one.

b) Obama didn’t push, plan or speak at lenght abotu keeping the payroll tax holiday.
The GOP didn’t push, plan or speak at lenght abotu keeping the payroll tax holiday.

c) Obama promised taxes wouldn’t go up on anyone making less than 200/250k.
Taxes went up, in the form of allowing the payroll tax holiday to expire, therefore Obama lied.

[/quote]

A side note where is lamb chop complaining about your spelling , it is atrocious :slight_smile: That is one way I know I am not a meber of the CJS :slight_smile:
[/quote]

Because we all make occasional errors here…you, only occasionally spell or use grammar correctly.

See the difference.


Also

Which =

Meant to put this one

Came from here: I did not check for accuracy

[quote]usmccds423 wrote:

or we could spend less.

I maxed a credit card out at 18. Instead of demanding a raise (raising debt ceiling) or getting a second job (increasing taxes or taxing in new ways), get this, I stopped spending so much money and instead paid as much of my card off per month as possible. Paid it off in a month or two and started saving the extra instead of spending it. Best lesson I ever learned.

A lesson the Fed has yet to learn. [/quote]

Libtards in Washington can’t and don’t want to understand this. If they did the people voting for them would get pissed off when their money spiggot dries up. The ironic part is when the debt is paid downed and paid off there would be more money to spread around and the dollar would strengthen. This would mean prices on commodities would come down. Gas would be cheaper, food would be cheaper. You get the picture. Taxes could then come down and people would spend more and more money.

[quote]usmccds423 wrote:
Came from here: I did not check for accuracy

http://nationalpriorities.org/analysis/2012/presidents-budget-fy2013/[/quote]

What is your point ?

[quote]pittbulll wrote:

[quote]usmccds423 wrote:
Came from here: I did not check for accuracy

http://nationalpriorities.org/analysis/2012/presidents-budget-fy2013/[/quote]

What is your point ?
[/quote]

My point is national defense is only 18% of the budget or about 1/5th. There are several 1000 pound gorillas in the room aside from the 800 pounder you mentioned.

[quote]pittbulll wrote:

[quote]BlueCollarTr8n wrote:

[quote]pittbulll wrote:
…the negotiation resulted a pretty sizable increase for the middle class. [/quote]

Not in regard to Federal Income Tax rates. Only if you make over $400,000 and that is not middle class. [/quote]

what they call (TODAY) payroll tax . What we used to call Social Security Insurance
[/quote]

Two totally different things. Always have been.