Obamacare Nukes New York With Massive Taxes

[TheSkinsFan]

Originally posted by: WHAMPOM

Originally posted by: JKing106
"Rangel and his House Democratic colleagues want to begin voting as soon as this week on a plan to raise the federal income-tax rate by 5.4 percentage points on individuals with incomes above $800,000 and couples earning more than $1 million, and by 1 to 1.5 percentage points on individuals with incomes starting at $280,000, all effective in 2011."

They can afford it. I'm looking forward to BarrySweetie's next daily commentary on Limbaugh's opinion tomorrow.

If you make $1 million, you pay $9,000 more in taxes. Less than 1% of their income. Oh the deprivations of the well off! How will they manage? Cut off their contributions to the Republican party?:thumbsup:

umm, no... your math is just a little off.

those making $1 million will pay an additional $54,000 in Federal income taxes, not "$9,000" -- that is, of course, on top of the 35% tax rate they already pay on that amount, for a total Federal Income Tax obligation of 40.4%. (Not to mention State taxes, FICA, etc).

So, if you have a $1,000,000 gross annual income, your Federal Income Tax obligation (before deductions) will become: $404,000; leaving a NET income of $596,000.

Grade-school math FTW.

40.4% is pretty damn high... but my guess is that you'd gladly take even more if you could, right?

 

[BarrySotero]

Originally posted by: geno

Originally posted by: Fear No Evil

Sp now if someone posts something against Obama's healthcare plans they are KKK members? Sigh..

Have you seen Barry's other posts? This isn't one isolated thread we're talking about here. You're not summarizing the situation fairly.

I can't help it if I am right a lot and have facts that upset the Shirley Temples out there. I have never seen so many cry babies in one place that whine about posters while ignoring the posts.

 

[BoberFett]

Originally posted by: BudAshes


I for one think alot of what we have now pretty much sucks and could be a whole lot better. Change may be bad or good but it is necessary no matter how scared you are.

Democrats are scared alright. Scared of what? I don't know. The bogeyman? Their own shadow? Whatever it is they think they need higher taxes to protect them.

 

[Moonbeam]

Originally posted by: Skoorb
Is this real? I google some key words and it's on there but not on any big news sites.

I've said as have many that public and private cannot co-exist in the way being told to us. I have also reminded that in Canada it is already patently illegal for a private clinic to offer the vast majority of health care, and so regardless of your wealth you get stuck with the same system as everybody else whether you like it or not*

In regard to NY, despite actually being in this state and subject to its taxation, I am compelled in part to laugh at it because it's hysterically inept. Recently the budget for 2010 was passed with a 9% increase (really). This despite the previous budget being a failure and requiring a vast amount of new taxes. The state's population is already stagnant due to its souring business climate. Perhaps they want to shrink it even more, and will be successful doing so.

*You can always pay for a plane ticket to the US, as many do, and get better coverage down here

Unfortunately, waggy and moonbeam appear thusfar unable to respond to the post in any meaningful form.

That is because you think meaning is what you think it is. As it happens, I actually have a different idea of what meaning is and that is why my post was far more meaningful than yours, naturally, in my opinion, and as an additional matter of fact, I have a great predilection for my opinion over yours, which explains why I posted as I did regardless of any body else's opinion. It's a bad habit, I know, but one which, unfortunately of course for you, I am stuck with.

 

[Robor]

Originally posted by: shadow9d9

Originally posted by: Jaskalas

Originally posted by: Fear No Evil

Originally posted by: Moonbeam
Eskimo thinks BS is a fraud poster, that nobody could be that nuts. I'm beginning to think he might be on to something. Maybe he's a recruiter for the KKK or some such looking for folk who buy into this shit. Or maybe he works for the NSA to spot possible wackos in the general population. I don't know but he sure seems to be more than professionally psycho, he's gifted.

Sp now if someone posts something against Obama's healthcare plans they are KKK members? Sigh..

Makes sense, everyone who opposes socialism is a right wing terrorist.

Socialism? LOL! You fools have no idea what socialism is. You throw it around like a boogeyman.

They do not ask questions. They get their marching orders and post them. 'The first rule of the lunatic right wing noise machine is you don't talk about...'

 

[Pens1566]

Originally posted by: TheSkinsFan

Originally posted by: WHAMPOM

Originally posted by: JKing106
"Rangel and his House Democratic colleagues want to begin voting as soon as this week on a plan to raise the federal income-tax rate by 5.4 percentage points on individuals with incomes above $800,000 and couples earning more than $1 million, and by 1 to 1.5 percentage points on individuals with incomes starting at $280,000, all effective in 2011."

They can afford it. I'm looking forward to BarrySweetie's next daily commentary on Limbaugh's opinion tomorrow.

If you make $1 million, you pay $9,000 more in taxes. Less than 1% of their income. Oh the deprivations of the well off! How will they manage? Cut off their contributions to the Republican party?:thumbsup:

umm, no... your math is just a little off.

those making $1 million will pay an additional $54,000 in Federal income taxes, not "$9,000" -- that is, of course, on top of the 35% tax rate they already pay on that amount, for a total Federal Income Tax obligation of 40.4%. (Not to mention State taxes, FICA, etc).

So, if you have a $1,000,000 gross annual income, your Federal Income Tax obligation (before deductions) will become: $404,000; leaving a NET income of $596,000.

Grade-school math FTW.

40.4% is pretty damn high... but my guess is that you'd gladly take even more if you could, right?

You realize thats not how the brackets work, right? Self pwn-age FTW .... grade school FTL.

Google Marginal tax rate and get back to us.

 

[Robor]

Originally posted by: Pens1566

Originally posted by: TheSkinsFan

Originally posted by: WHAMPOM

Originally posted by: JKing106
"Rangel and his House Democratic colleagues want to begin voting as soon as this week on a plan to raise the federal income-tax rate by 5.4 percentage points on individuals with incomes above $800,000 and couples earning more than $1 million, and by 1 to 1.5 percentage points on individuals with incomes starting at $280,000, all effective in 2011."

They can afford it. I'm looking forward to BarrySweetie's next daily commentary on Limbaugh's opinion tomorrow.

If you make $1 million, you pay $9,000 more in taxes. Less than 1% of their income. Oh the deprivations of the well off! How will they manage? Cut off their contributions to the Republican party?:thumbsup:

umm, no... your math is just a little off.

those making $1 million will pay an additional $54,000 in Federal income taxes, not "$9,000" -- that is, of course, on top of the 35% tax rate they already pay on that amount, for a total Federal Income Tax obligation of 40.4%. (Not to mention State taxes, FICA, etc).

So, if you have a $1,000,000 gross annual income, your Federal Income Tax obligation (before deductions) will become: $404,000; leaving a NET income of $596,000.

Grade-school math FTW.

40.4% is pretty damn high... but my guess is that you'd gladly take even more if you could, right?

You realize thats not how the brackets work, right? Self pwn-age FTW .... grade school FTL.

Google Marginal tax rate and get back to us.

Didn't someone else self-own on the same thing not long ago?

 

[Pens1566]

Originally posted by: Robor

Originally posted by: Pens1566

Originally posted by: TheSkinsFan

Originally posted by: WHAMPOM

Originally posted by: JKing106
"Rangel and his House Democratic colleagues want to begin voting as soon as this week on a plan to raise the federal income-tax rate by 5.4 percentage points on individuals with incomes above $800,000 and couples earning more than $1 million, and by 1 to 1.5 percentage points on individuals with incomes starting at $280,000, all effective in 2011."

They can afford it. I'm looking forward to BarrySweetie's next daily commentary on Limbaugh's opinion tomorrow.

If you make $1 million, you pay $9,000 more in taxes. Less than 1% of their income. Oh the deprivations of the well off! How will they manage? Cut off their contributions to the Republican party?:thumbsup:

umm, no... your math is just a little off.

those making $1 million will pay an additional $54,000 in Federal income taxes, not "$9,000" -- that is, of course, on top of the 35% tax rate they already pay on that amount, for a total Federal Income Tax obligation of 40.4%. (Not to mention State taxes, FICA, etc).

So, if you have a $1,000,000 gross annual income, your Federal Income Tax obligation (before deductions) will become: $404,000; leaving a NET income of $596,000.

Grade-school math FTW.

40.4% is pretty damn high... but my guess is that you'd gladly take even more if you could, right?

You realize thats not how the brackets work, right? Self pwn-age FTW .... grade school FTL.

Google Marginal tax rate and get back to us.

Didn't someone else self-own on the same thing not long ago?

Hard to tell, if I tried to keep up with all the idiots on here it would be an 80hr/week job.

 

[theeedude]

NY Post is owned by Rupert Murdoch, and they are against universal health care? Shocking.

 

[TruePaige]

Haha, that is great! Trying to stack all the highest taxed brackets and rates in the nation then saying the -tiny- increase would cause $x of dollars to be taken from a paycheck just so you can blame Obama.

Why don't you just focus on real healthcare costs UHC will cover and how they would cost less than current health insurance plans for the same coverage.

Oh..because it doesn't fuel your agenda.

Stop holding this nation back, if the rest of the world can act like civilized human beings, maybe you can too.

 

[Deeko]

Let me get this straight.

Title - refers to Obama
First line of article - "Congressional plans"

Learn to read, OP. Its not that hard.

 

[DaveSimmons]

Originally posted by: BarrySotero
Things have purposely been allowed to suck so that they got so bad people would take what was offered - which is big, oppressive, command/control gov disguised as a free benefit. Haha.

So Bush was leading us towards UHC? Interesting.

 

[miniMUNCH]

Originally posted by: senseamp
NY Post is owned by Rupert Murdoch, and they are against universal health care? Shocking.

The thing is... other media outlets are sucking Obama's dick. So who do we believe?

 

[theeedude]

Do we need this kind of disgusting language?

 

[Xellos2099]

Can we honestly claim that universal system is better? France have an universal system and they suffer 13-15% unemployment rate at all time.

 

[Vic]

Originally posted by: Genx87
If that is for real that is a big wool over our eyes attempt by Obama and the Democrats.

Nothing the OP posts is for real. He's kind of like the wingnut mirror-image of dmcowen674 from some years ago but (unbelievably) even more idiotically paranoid and rabidly partisan.

 

[halik]

Wat?

I'd like to keep my $90/mo catastrophic plan, because I'm scared to ask who would pay for the obamacare alternative.

 

[GuitarDaddy]

The UHC debate is a battle royale, the gloom and doom are broadcast from all sides. Deeply ingrained professionals are fighting for their lives and will sell out their grandma's, insurance executives screaming "tort reform" it's the lawyers causing MP insurance premium going sky high!!! and all the other profession involved take postions posturing to protect their intrests.

IMO the most telling piece of info in the mess that is the UHC debate is the alarming rate at which doctors have deserted the GP family practitioner ranks. The good old GP the frontline foot soldier of the health care industry which has always represented the vast majority of doctors have seen a steady decline for over a decade while the ranks specialists have exploded.

You have to ask why and look past the easy answer that specialists make more money and it is purely an issue of money. Doctors after all are suposedly compelled to their profession by the desire to serve a greater purpose, have doctors become greedy and forgotten the higher calling? I don't think so.

I have had the misfortune of dealing alot with the medical community over the past 25yrs in dealing with my familys medical issues, and I have talked to a lot of GP's and consider a couple of them close friends. Both of them tell me that GP is the hardest job in medicine for one reason DEALING WITH INS CO'S. They tell me that they are so hamstrung by the insurance companies that not only do the have to fight tooth and nail for every simple procedure and referal, but they also have to maintain an inordinate amount of staff to keep up with the mountain of ever changing paperwork from a myriad of insurance companies that are require before they will make a payment. And that almost everyday they have to tell at least one patient that their insurance won't cover a medically necessary treatment and watch them get up and walk out because they can't pay for it.

GP's are not only the fronline soldiers against illness and injury, but they are also the patients only defence against the denial process. It's no wonder all the fresh graduates of medical school gravitate towards specialities, let the GP's fight the battle with insurance and deal only with the insurance approved patients that the GP has successfully defended and refered for treatment.

 

[Mani]

Yet another delusional conspiracy theory thread from Butterb- er BarrySotero.

 

[Robor]

Originally posted by: BarrySotero

Originally posted by: geno

Originally posted by: Fear No Evil

Sp now if someone posts something against Obama's healthcare plans they are KKK members? Sigh..

Have you seen Barry's other posts? This isn't one isolated thread we're talking about here. You're not summarizing the situation fairly.

I can't help it if I am right a lot and have facts that upset the Shirley Temples out there. I have never seen so many cry babies in one place that whine about posters while ignoring the posts.

I have never seen such a dishonest partisan tool.

 

[themusgrat]

I wish someone besides Barry would do the research on the proposed bill, it would be nice to know what exactly Congress does intend for private coverage. Barry, you've messed up too many times to be taken seriously anymore.

 

[TheSkinsFan]

Originally posted by: Pens1566

Originally posted by: Robor

Originally posted by: Pens1566

Originally posted by: TheSkinsFan

Originally posted by: WHAMPOM

Originally posted by: JKing106
"Rangel and his House Democratic colleagues want to begin voting as soon as this week on a plan to raise the federal income-tax rate by 5.4 percentage points on individuals with incomes above $800,000 and couples earning more than $1 million, and by 1 to 1.5 percentage points on individuals with incomes starting at $280,000, all effective in 2011."

They can afford it. I'm looking forward to BarrySweetie's next daily commentary on Limbaugh's opinion tomorrow.

If you make $1 million, you pay $9,000 more in taxes. Less than 1% of their income. Oh the deprivations of the well off! How will they manage? Cut off their contributions to the Republican party?:thumbsup:

umm, no... your math is just a little off.

those making $1 million will pay an additional $54,000 in Federal income taxes, not "$9,000" -- that is, of course, on top of the 35% tax rate they already pay on that amount, for a total Federal Income Tax obligation of 40.4%. (Not to mention State taxes, FICA, etc).

So, if you have a $1,000,000 gross annual income, your Federal Income Tax obligation (before deductions) will become: $404,000; leaving a NET income of $596,000.

Grade-school math FTW.

40.4% is pretty damn high... but my guess is that you'd gladly take even more if you could, right?

You realize thats not how the brackets work, right? Self pwn-age FTW .... grade school FTL.

Google Marginal tax rate and get back to us.

Didn't someone else self-own on the same thing not long ago?

Hard to tell, if I tried to keep up with all the idiots on here it would be an 80hr/week job.

Listen assmunch, I'm no tax attorney or accountant, and you could be right -- and I could be wrong.

However, using the marginal tax calculators I've found online, it STILL appears that the marginal tax rate is 35% (or 32.48% using the "average", whatever that means).

So, since you decided to be a dick and call me an "idiot," I'd like you to explain to me how a straight increase of 5.4% to those making over $800k would NOT result in a marginal tax rate of 40.4% (or 37.88% using the "average" rate) for a single filer, no dependents, making exactly $1 million in salaries/wages/tips...?

What am I missing? Once again, all you need to do is show me what I'm doing wrong, without all the name-calling nonsense, and I'll gladly admit that I was wrong and stop the name-calling as well.

 

[Pens1566]

Originally posted by: TheSkinsFan

Originally posted by: Pens1566

Originally posted by: Robor

Originally posted by: Pens1566

Originally posted by: TheSkinsFan

Originally posted by: WHAMPOM

Originally posted by: JKing106
"Rangel and his House Democratic colleagues want to begin voting as soon as this week on a plan to raise the federal income-tax rate by 5.4 percentage points on individuals with incomes above $800,000 and couples earning more than $1 million, and by 1 to 1.5 percentage points on individuals with incomes starting at $280,000, all effective in 2011."

They can afford it. I'm looking forward to BarrySweetie's next daily commentary on Limbaugh's opinion tomorrow.

If you make $1 million, you pay $9,000 more in taxes. Less than 1% of their income. Oh the deprivations of the well off! How will they manage? Cut off their contributions to the Republican party?:thumbsup:

umm, no... your math is just a little off.

those making $1 million will pay an additional $54,000 in Federal income taxes, not "$9,000" -- that is, of course, on top of the 35% tax rate they already pay on that amount, for a total Federal Income Tax obligation of 40.4%. (Not to mention State taxes, FICA, etc).

So, if you have a $1,000,000 gross annual income, your Federal Income Tax obligation (before deductions) will become: $404,000; leaving a NET income of $596,000.

Grade-school math FTW.

40.4% is pretty damn high... but my guess is that you'd gladly take even more if you could, right?

You realize thats not how the brackets work, right? Self pwn-age FTW .... grade school FTL.

Google Marginal tax rate and get back to us.

Didn't someone else self-own on the same thing not long ago?

Hard to tell, if I tried to keep up with all the idiots on here it would be an 80hr/week job.

Listen assmunch, I'm no tax attorney or accountant, and you could be right -- and I could be wrong.

However, using the marginal tax calculators I've found online, it STILL appears that the marginal tax rate is 35% (or 32.48% using the "average", whatever that means).

So, since you decided to be a dick and call me an "idiot," I'd like you to explain to me how a straight increase of 5.4% to those making over $800k would NOT result in a marginal tax rate of 40.4% (or 37.88% using the "average" rate) for a single filer, no dependents, making exactly $1 million in salaries/wages/tips...?

What am I missing? Once again, all you need to do is show me what I'm doing wrong, without all the name-calling nonsense, and I'll gladly admit that I was wrong and stop the name-calling as well.

Jesus. Since you apparently can't be bothered to look it up yourself ...

The way it works is, you only pay the income tax % for the brackets on the money you earned in that bracket. I forget what the 35% cutoff is ... something like 350k or so. Anyway, you only pay 35% on money you earn after the first 350k (or whatever it is). Everything earned before that (or earlier in the year since I need to be specific) is taxed according to what bracket it falls in. K? If you still don't believe me, try the google.

edit : So a not exactly directed "idiot" is "all this name-calling nonsense", but "dick" and "assmunch" is ok? Got it. Don't worry, I won't be waiting around for an apology when you finally realize how wrong you were.

 

[Genx87]

Originally posted by: Vic

Originally posted by: Genx87
If that is for real that is a big wool over our eyes attempt by Obama and the Democrats.

Nothing the OP posts is for real. He's kind of like the wingnut mirror-image of dmcowen674 from some years ago but (unbelievably) even more idiotically paranoid and rabidly partisan.

Hence the reason I started off my sentence with an "if".

 

[Robor]

Originally posted by: Genx87

Originally posted by: Vic

Originally posted by: Genx87
If that is for real that is a big wool over our eyes attempt by Obama and the Democrats.

Nothing the OP posts is for real. He's kind of like the wingnut mirror-image of dmcowen674 from some years ago but (unbelievably) even more idiotically paranoid and rabidly partisan.

Hence the reason I started off my sentence with an "if".

I know someone who spews the same BS to me in Emails - for all I know it could be the same person. It absolutely wouldn't surprise me. If nothing else, they have the same wingnut sources.