Bush tax cuts may remain in place

[Patranus]

Weren't these the same people who keep (falsely claiming) these BOOSH tax cuts bankrupted the country?

 

[manimal]

Weren't these the same people who keep (falsely claiming) these BOOSH tax cuts bankrupted the country?

Were they budget neutral? Did they have their desired effect? Created a big ass bubble of unsustainability and crumbled around us...seems like failure to me....

 

[spidey07]

What? Thats not two professionals? 250K? Maybe only in California or Maybe NY. I would bet anything most 2 professional homes are 110-150K. Unless they are both doctors or lawyers. If your are making 250K as a household, you are doing well. Not rich but with discipline, no dream within reason would be out of reach.

You're not in the real world yet. Two white collar professionals here in little ole kentucky earn well over 250K. A nurse and a policeman will approach that.

You are severely mistaken. Two folks working auto manufacturing jobs will make more than 150K.

-edit-
A help desk monkey will make 60K here. You're doing it wrong.

 

[spidey07]

250k is rich. That's a quarter. of. a. million. dollars. per. year.

After taxes, not so much.

 

[Zebo]

Stuff needs to be paid for. Bad idea. When govt can't sell it's bonds you'll see sheep.

 

[classy]

You're not in the real world yet. Two white collar professionals here in little ole kentucky earn well over 250K. A nurse and a policeman will approach that.

You are severely mistaken. Two folks working auto manufacturing jobs will make more than 150K.

That is bullshit. NJ wages I know are higher than Kentucky. The average salary for a nurse is probably about 75K and even State cops who make more than most city and local cops will be lucky if they see 75K. Top salary for NJ state boy is 98K and many won't reach that high.

 

[spidey07]

That is bullshit. NJ wages I know are higher than Kentucky. The average salary for a nurse is probably about 75K and even State cops who make more than most city and local cops will be lucky if they see 75K. Top salary for NJ state boy is 98K and many won't reach that high.

You forget overtime newbie. Do you even have a job? Do you work racist?

racist classy is racist.

 

[classy]

You're not in the real world yet. Two white collar professionals here in little ole kentucky earn well over 250K. A nurse and a policeman will approach that.

You are severely mistaken. Two folks working auto manufacturing jobs will make more than 150K.

-edit-
A help desk monkey will make 60K here. You're doing it wrong.

Kentucky Avg cop salary 58K
http://www.indeed.com/salary/q-Police-Officer-l-Kentucky.html

Average Nurse salary 72K
http://www.indeed.com/salary/q-Nurse-l-Kentucky.html

Maybe the Kentucky you live in is the one at the end of the Yellow Brick Road...........

 

[classy]

You forget overtime newbie. Do you even have a job? Do you work racist?

racist classy is racist.

Oh just behave and stop spittin. Your just a dumb SOB and I be tryin to helps you out massa..............LOL :biggrin:

 

[senseamp]

People will still associate democrats with Obama, because Obama is a democrat. And then it will hurt Obama in another 2 years anyway.

All politics is local. Takes the issue away from some democrat's opponent. Kind of lame to run ads saying I would vote for the tax cut extension when the opponent also voted same way.

 

[Zebo]

Kentucky Avg cop salary 58K
http://www.indeed.com/salary/q-Police-Officer-l-Kentucky.html

Average Nurse salary 72K
http://www.indeed.com/salary/q-Nurse-l-Kentucky.html

Maybe the Kentucky you live in is the one at the end of the Yellow Brick Road...........

Churchill Downs and vicinity is like NYC $$

 

[classy]

Churchill Downs and vicinity is like NYC $$

I understand that. Every state has its well paid areas. But the webs spidey is slinging is bs..................

 

[spidey07]

I understand that. Every state has its well paid areas. But the webs spidey is slinging is bs..................

That's where your averages fall apart. I'm in lu'vull. We pretend like we be big city and we be paid like it is.

 

[manimal]

You forget overtime newbie. Do you even have a job? Do you work racist?

racist classy is racist.

Moral equivalency attempt fail....

 

[Deudalus]

I can tell ya this.....

I have to put aside 5,000 per month to pay taxes. Starting this year to prepare for the tax increases I will be putting aside 6,500. That's another 1,500 that is not spent on movies, dinner, music, and other types of recreation.

In the end, that doesn't hurt me. I just spend another night or two home per week. Who it hurts is the guy who gets laid off because people in my shoes aren't spending as much money.

What's fair, or unfair does not matter. All that matters is reality.


The only question for you guys is this.......

The government now has that money that everyone was going to be spending, what are they going to do with it? Do you trust it will funnel down to take care of your needs better from them or from people like me?

And for the record, it isn't just me. The people who are getting the largest tax increase is the bottom tax bracket.

 

[Craig234]

I can tell ya this.....

I have to put aside 5,000 per month to pay taxes. Starting this year to prepare for the tax increases I will be putting aside 6,500. That's another 1,500 that is not spent on movies, dinner, music, and other types of recreation.

In the end, that doesn't hurt me. I just spend another night or two home per week. Who it hurts is the guy who gets laid off because people in my shoes aren't spending as much money.

What's fair, or unfair does not matter. All that matters is reality.


The only question for you guys is this.......

The government now has that money that everyone was going to be spending, what are they going to do with it? Do you trust it will funnel down to take care of your needs better from them or from people like me?

And for the record, it isn't just me. The people who are getting the largest tax increase is the bottom tax bracket.

$6,500 per month in federal taxes? Or combined fed/state/property/etc?

If it were federal, that's $78,000 which is about the taxes on something like $300,000 considering deductions I'd ballpark.

If you're making that much, you have no business needing to 'stay home extra nights each week' unless you are a spendthrift with that big income.

In short, there are separate issues between the taxation and the spending. When it's between you and people not in the top 1% of incomes, I'd say tax you more, today.

It is possible the money gets wasted on the spend side - hello big military contracts, for example. It's also possible the money goes to good things.

In short, typically that money probably helps the economy more in a good government program than a typical person with your income just acquiring more.

But it is possible, if were weren't talking about you being taxed versus the other 99% being taxed, which we are, that we'd be better off cutting some bad spending, and your taxes.

The thing is, we're putting the cart before the horse, since it's the 'good' spending in government that typically gets cut before the corrupt spending that got them into office.

So, we have a harder choice than you posted.

 

[Deudalus]

$6,500 per month in federal taxes? Or combined fed/state/property/etc?

If it were federal, that's $78,000 which is about the taxes on something like $300,000 considering deductions I'd ballpark.

That is Fed, State, and Property. I make nowhere near 300,000. I don't even make 2.

My only deduction is my house which doesn't help much.