obama's tax policy is "regressive"

[Anarchist420]

here is a list of how the poor are going to share more of the tax burden:

the payroll tax hike ($150bn more to the treasury this year)

his admin's tariffs on tires

the aca penalties take up a higher percentage of a non-wealthy individual's income than they do of a wealthy filer's income.

tariff revenue has increased recently either because of more enforcement or his admin may have hiked rates (or both).

using "chained CPI" for tax bracket adjustments is going to take more from everyone not just the wealthy.

there will be new tax revenue from using things the govt has a monopoly on, and most of that will not come from the wealthy.

then a lot of his discretionary spending increases have gone to the wealthy (those in charge of the military contractor companies).

he made the AMT less regressive and the ratio of top marginal rate to bottom marginal rate went from 7:2 to 99:25, but that's about all that he made less regressive.

obama is practically reversing all of the tax cuts bush made for poor people! and bush practically didnt even decrease taxes on people who werent poor (the top marginal rate was decreased ~12% while the lowest tax bracket got a 1/3 decrease), so he had one the most progressive tax policy since silent cal yet so many members of the party corrupted by Wilson are quick to criticize him for being pro-wealthy. so obama is more like reagan and the current Neo-Republican Party State legislatures/Governors when it comes to taxes than bush was.

and hillary clinton will then add a general VAT, which means that if the govt doesnt stop its excessive spending then the poor will pay more and more taxes and the overall tax burden will be shifted away from the wealthy... the wealthy cant pay for all this shit by themselves and even if they could they wouldnt because they would just move.

so i guess Lincoln's party will love Obama by the time he leaves office for shifting the overall tax burden away from the wealthy and the Party corrupted by Wilson will love him for spending so much.

 

[s0me0nesmind1]

IMO here is what it is turning to - The middle class and lower class both not being able to afford any savings.

What does this mean? That means no 401k contributions. No retirement planning whatsoever.

What does that mean? Complete 100% dependence on the government for SS. It's a pyramid scheme that they are realizing is completely fucked at the moment (given the lack of people producing children, and the pyramid scheme in general blowing up).
It's basically making people have no extra money for savings

Obama and liberals want this. They want the middle and lower class (A good 75+% of the population) to be in their pockets to deceive at any time they so desire. As sad as it is, they have another 8 years of the executive branch thanks to retards that say "Oh, we haven't hard a darkie in the white house. Fuck credentials, let's elect!" Next in line it's "Oh, we haven't had a different gender in the white house. Fuck credentials, let's elect!" What's next? A tranny? A gay? Who knows!

 

[Anarchist420]

IMO here is what it is turning to - The middle class and lower class both not being able to afford any savings. What does this mean? That means no 401k contributions. No retirement planning whatsoever. What does that mean? Complete 100% dependence on the government for SS. It's a pyramid scheme that they are realizing is completely fucked at the moment (given the lack of people producing children, and the pyramid scheme in general blowing up). It's basically making people have no extra money for savings Obama and liberals want this. They want the middle and lower class (A good 75+% of the population) to be in their pockets to deceive at any time they so desire. As sad as it is, they have another 8 years of the executive branch thanks to retards that say "Oh, we haven't hard a darkie in the white house. Fuck credentials, let's elect!" Next in line it's "Oh, we haven't had a different gender in the white house. Fuck credentials, let's elect!" What's next? A tranny? A gay? Who knows!

exactly, and obama isnt even black, he is only about 47% black and i consider him just white since his mother was pure white even though math also says he is white rather than black. then a lot of people can come out and say theyre trans and then enough people will think it makes the candidate absolutely unique and then a small number of elite and elitist idiots will put them into office and then the phony trans will be more authoritarian than the fake black guy before them.

anyway, if social security is forced on us, then it should be means tested and not funded by the people who are most likely to use it. and all taxes, but especially those on poor people (like single people making $100k a year or less or households of 5 with less than $500k in income) are ridiculous because those people have almost no chance of getting rich and then society loses out because the State just shits on most people after stealing their money that couldve been put to productive purposes. then the taxation problem is exponentially exacerbated when there is a central medium of exchange and a shit load of central borrowing going on distorting the market and reducing production/real investment.

true reason can only conclude that the State is designed to get everyone dependent on the govt ... just fucking abolish all of them already so they dont get any closer to 100% of what they were designed to do!

but if any legislation wants to exist, then it should be confederalist, explicitly state that govt is not capable of protecting rights without taking away rights, that govt is not a right but a privilege for the few and a burden for most, explicitly pledge to not infringe upon the natural right of exit and to acknowledge that secession is a natural right, not have the power to tax, not require the member States to pay back the old govt's debt, and not have the power to create legal tender for public or private debt.

 

[IEC]

Lol.

 

[Jimzz]

I think you posted in the wrong section again.