On Jan 1, 2011 How Will America React?

[sandorski]

A Temporary(which these were) Tax Decrease is not a Tax Decrease, it is only Temporary. When they Expire, Taxes merely return to their Actual level. Truth is, Bush/Republicans didn't give you a Tax Decrease.

 

[miketheidiot]

bush actually passed a tax increase in 2001 and 2003, it just doesn't go into effect until he is out of office.

 

[Jhhnn]

Perhaps the most prominent and stunning feature of the rightwing is shameless greed.

Any middleclass taxpayer with enough sense to pour piss out of a boot would gladly pay Danish taxrates on an income of $millions/yr.... you'd still have millions.

That's not good enough for America's financial elite, apparently- they'll piss and moan over every last nickel, rave about patriotism and the "real America", offshore production as fast as they can, too...

Vic's right, and so is miketheidiot- the "taxcuts" of the recent past weren't a cut at all, but rather a wealth transfer from tomorrow to today. The recipients of that largesse, mostly those at the tippy-top, will, of course, try to find a way to weasel their way out of any responsibility for that, particularly anything that costs them money...

 

[Ozoned]

So, nobody is answering the question. When the temporary tax decrease for the top bracket returns to its normal level, (WHICH IS NOT A TAX INCREASE) and then on jan. 01, 2011 when everybody elses tax rates return to normal levels, what is going to be the perception of all the people that just got a tax normilization (increase), towards the top bracket, when their taxes remain the same? spits

 

[BansheeX]

The Fed balance sheet is could be in the trillions by the end of next year, that's a lot of inflation in the pipeline. The last thing you need to worry about is physical appropriations of your income. They'll just garnish your wages in terms of its value by printing arbitrary dollars, elicits far less resistance.

 

[CADsortaGUY]

Originally posted by: XZeroII
The other tax brackets will not go up. Obama has said that my taxes WILL NOT GO UP. Period.

:laugh: Please tell me my batteries are low or my meter is broken...

 

[Ozoned]

Originally posted by: Rainsford

Originally posted by: Ozoned

Originally posted by: XZeroII
The other tax brackets will not go up. Obama has said that my taxes WILL NOT GO UP. Period.

Allowing a temporary tax cut to expire is not a tax increase. Do your research.

Do your research? XZeroII's taxes almost certainly WON'T go up. GOP propaganda aside, the vast majority of people are not in the top tax bracket and will see a tax cut from Obama. In fact, the majority of people will actually see a LARGER tax cut from President Obama than they would from President McCain.

If XZeroII's is paying taxes, his tax rate will go up on Jan.01, 2011. Doesn't matter which talking head gets in.

 

[Jhhnn]

If XZeroII's is paying taxes, his tax rate will go up on Jan.01, 2011. Doesn't matter which talking head gets in.

Project much? Obviously, you do...

There will be two complete legislative sessions prior to the expiration of the Bush wealth transfers camouflaged as tax cuts, so your contention is just more of the usual casting of aspersions and innuendo.

But, go ahead, rave on- it seems highly unlikely that you'll allow factual information to interfere with the formulation of your opinion...

 

[FuzzyBee]

Originally posted by: Harvey

Originally posted by: Ozoned

I think Obama is smart enough to know what the Obama Nationites will demand...

I think you're speculating without a shred of evidence to support your scare blather. :thumbsdown:

Doesn't seem to stop you...

 

[FuzzyBee]

Originally posted by: sandorski
A Temporary(which these were) Tax Decrease is not a Tax Decrease, it is only Temporary. When they Expire, Taxes merely return to their Actual level. Truth is, Bush/Republicans didn't give you a Tax Decrease.

If my taxes are x% one year, and the next year my taxes are x+y% (where y is a positive number), my taxes are going up.

Stop spewing crap.

 

[sandorski]

Originally posted by: FuzzyBee

Originally posted by: sandorski
A Temporary(which these were) Tax Decrease is not a Tax Decrease, it is only Temporary. When they Expire, Taxes merely return to their Actual level. Truth is, Bush/Republicans didn't give you a Tax Decrease.

If my taxes are x% one year, and the next year my taxes are x+y% (where y is a positive number), my taxes are going up.

Stop spewing crap.

HUh? If there was a "Tax Cut", someone would have to pass a Bill to make a "Tax Increase". It is very simpple really, think about it.

 

[Robor]

Originally posted by: Balt

Originally posted by: Ozoned

Originally posted by: mav451
Hmm Chicken Little is a bit redundant. The fundamental principles AND cornerstone of GOP rhetoric is FUD. Without it, they don't pass the GOP exam.

The fundamental principles AND cornerstone of Dem's rhetoric is unfullfilled promises and deception. Without it, they don't pass any exam.

Like promises that the United States won't get involved in nation-building?

Not to worry. The burden would be small.

 

[Dr. Zaus]

Originally posted by: SecPro

Originally posted by: JD50

Originally posted by: Ozoned

Originally posted by: XZeroII
The other tax brackets will not go up. Obama has said that my taxes WILL NOT GO UP. Period.

Allowing a temporary tax cut to expire is not a tax increase. Do your research.

If the tax cuts expire, taxes will increase. How is that not a tax increase?

You obviously don't have your Demotardic double talk handbook. Pay attention (but not too close)

If spending doesn't increase, but stays the same, that's a spending decrease and gazillions of children will see a cut in their benefits.

If a tax rate with an expiration date is allowed to expire and the tax rate goes up that's not a tax increase. That's simply allowing taxes to return to the correct level, increasing revenues for the .gov and increasing the efficiency of wealth redistribution.

why pass tax-cuts with a time-limit if it wasn't originally intended to be a short to mid-term tax adjustment?

I remember it was something along the lines of "give the surplus back to the people who created it"

That's not good enough for America's financial elite

not "spreading the wealth around" is what allows for the superb social mobility we see in America today.

 

[Robor]

Originally posted by: Rustler
Remember what ol Joe Bided said, that is it Patriotic to Pay more taxes..............so shut up and pay more.........................................and be happy...............................................

To bad John McCain felt the same way until the GOP converted him

 

[beyoku]

Sigh...........Let me rephrase it backwards for you guys then:

You have a job that normally pays you 60K a year.
Your job CUT your pay back to 50k for 8 consecutive years.
That 8 years is up and you are now back at 60k.

NOW, do you actually feel like you have been given a RAISE?

 

[JD50]

Originally posted by: beyoku
Sigh...........Let me rephrase it backwards for you guys then:

You have a job that normally pays you 60K a year.
Your job CUT your pay back to 50k for 8 consecutive years.
That 8 years is up and you are now back at 60k.

NOW, do you actually feel like you have been given a RAISE?

Let's try and make this a little more relevant to the topic at hand. If I was your boss, and I knew that your pay was going to go back up to 60k in a couple of years, would I be lying if I told you that your pay was NOT going to increase at the end of those 8 years?

And yes, if you take a pay cut, then several years later you get a pay increase, that would still be considered a RAISE. Now, you (and even I) might just think of it as getting back to normal, but that doesn't change the fact that your pay INCREASED.

 

[JD50]

Originally posted by: sandorski

Originally posted by: FuzzyBee

Originally posted by: sandorski
A Temporary(which these were) Tax Decrease is not a Tax Decrease, it is only Temporary. When they Expire, Taxes merely return to their Actual level. Truth is, Bush/Republicans didn't give you a Tax Decrease.

If my taxes are x% one year, and the next year my taxes are x+y% (where y is a positive number), my taxes are going up.

Stop spewing crap.

HUh? If there was a "Tax Cut", someone would have to pass a Bill to make a "Tax Increase". It is very simpple really, think about it.

Do you people honestly not understand what the word "increase" means?

To become greater or larger.

When the tax cuts expire, the tax rate will INCREASE. To say that they won't is a flat out lie. Yea, it's pretty shady to do it like they did, and make it so that they will expire after Bush is out of office, I'll agree with you guys there. But that doesn't change the fact that taxes will increase when the tax cuts expire.

 

[sandorski]

Originally posted by: JD50

Originally posted by: sandorski

Originally posted by: FuzzyBee

Originally posted by: sandorski
A Temporary(which these were) Tax Decrease is not a Tax Decrease, it is only Temporary. When they Expire, Taxes merely return to their Actual level. Truth is, Bush/Republicans didn't give you a Tax Decrease.

If my taxes are x% one year, and the next year my taxes are x+y% (where y is a positive number), my taxes are going up.

Stop spewing crap.

HUh? If there was a "Tax Cut", someone would have to pass a Bill to make a "Tax Increase". It is very simpple really, think about it.

Do you people honestly not understand what the word "increase" means?

To become greater or larger.

When the tax cuts expire, the tax rate will INCREASE. To say that they won't is a flat out lie. Yea, it's pretty shady to do it like they did, and make it so that they will expire after Bush is out of office, I'll agree with you guys there. But that doesn't change the fact that taxes will increase when the tax cuts expire.

Increase, sure. "Tax Hike", no.

 

[winnar111]

Originally posted by: sandorski

Originally posted by: JD50

When the tax cuts expire, the tax rate will INCREASE. To say that they won't is a flat out lie. Yea, it's pretty shady to do it like they did, and make it so that they will expire after Bush is out of office, I'll agree with you guys there. But that doesn't change the fact that taxes will increase when the tax cuts expire.

Increase, sure. "Tax Hike", no.

The tax cuts last for 2 more years. You presume Obama won't try to reverse them earlier....which would require a bill.

 

[sandorski]

Originally posted by: winnar111

Originally posted by: sandorski

Originally posted by: JD50

When the tax cuts expire, the tax rate will INCREASE. To say that they won't is a flat out lie. Yea, it's pretty shady to do it like they did, and make it so that they will expire after Bush is out of office, I'll agree with you guys there. But that doesn't change the fact that taxes will increase when the tax cuts expire.

Increase, sure. "Tax Hike", no.

The tax cuts last for 2 more years. You presume Obama won't try to reverse them earlier....which would require a bill.

You presume he will.

 

[winnar111]

Originally posted by: sandorski

Originally posted by: winnar111

Originally posted by: sandorski

Originally posted by: JD50

When the tax cuts expire, the tax rate will INCREASE. To say that they won't is a flat out lie. Yea, it's pretty shady to do it like they did, and make it so that they will expire after Bush is out of office, I'll agree with you guys there. But that doesn't change the fact that taxes will increase when the tax cuts expire.

Increase, sure. "Tax Hike", no.

The tax cuts last for 2 more years. You presume Obama won't try to reverse them earlier....which would require a bill.

You presume he will.

Just using his own words.

He's talked about loads of spending based on rolling back the Bush tax cuts for the wealthy, except they're not rolled back for a while.

Is he planning on sitting on his hands until 2011?

Or this, here:

http://www.rollcall.com/issues/54_31/news/28201-1.html

Obama Proposes Payroll Tax on Those Making Over $250K



That would be a NEW tax, that didn't exist under Clinton.

 

[beyoku]

Originally posted by: JD50

Originally posted by: beyoku
Sigh...........Let me rephrase it backwards for you guys then:

You have a job that normally pays you 60K a year.
Your job CUT your pay back to 50k for 8 consecutive years.
That 8 years is up and you are now back at 60k.

NOW, do you actually feel like you have been given a RAISE?

Let's try and make this a little more relevant to the topic at hand. If I was your boss, and I knew that your pay was going to go back up to 60k in a couple of years, would I be lying if I told you that your pay was NOT going to increase at the end of those 8 years?

And yes, if you take a pay cut, then several years later you get a pay increase, that would still be considered a RAISE. Now, you (and even I) might just think of it as getting back to normal, but that doesn't change the fact that your pay INCREASED.

Dont try to answer my question with another question. I know that there is an "increase" according to simple addition. The POINT i was trying to point out in the form of a question was would you "FEEL like you have be GIVEN a RAISE?"

 

[sandorski]

Originally posted by: winnar111

Originally posted by: sandorski

Originally posted by: winnar111

Originally posted by: sandorski

Originally posted by: JD50

When the tax cuts expire, the tax rate will INCREASE. To say that they won't is a flat out lie. Yea, it's pretty shady to do it like they did, and make it so that they will expire after Bush is out of office, I'll agree with you guys there. But that doesn't change the fact that taxes will increase when the tax cuts expire.

Increase, sure. "Tax Hike", no.

The tax cuts last for 2 more years. You presume Obama won't try to reverse them earlier....which would require a bill.

You presume he will.

Just using his own words.

He's talked about loads of spending based on rolling back the Bush tax cuts for the wealthy, except they're not rolled back for a while.

Is he planning on sitting on his hands until 2011?

Or this, here:

http://www.rollcall.com/issues/54_31/news/28201-1.html

Obama Proposes Payroll Tax on Those Making Over $250K



That would be a NEW tax, that didn't exist under Clinton.

Not a "New" Tax. It already exists.

 

[JD50]

Originally posted by: beyoku

Originally posted by: JD50

Originally posted by: beyoku
Sigh...........Let me rephrase it backwards for you guys then:

You have a job that normally pays you 60K a year.
Your job CUT your pay back to 50k for 8 consecutive years.
That 8 years is up and you are now back at 60k.

NOW, do you actually feel like you have been given a RAISE?

Let's try and make this a little more relevant to the topic at hand. If I was your boss, and I knew that your pay was going to go back up to 60k in a couple of years, would I be lying if I told you that your pay was NOT going to increase at the end of those 8 years?

And yes, if you take a pay cut, then several years later you get a pay increase, that would still be considered a RAISE. Now, you (and even I) might just think of it as getting back to normal, but that doesn't change the fact that your pay INCREASED.

Dont try to answer my question with another question. I know that there is an "increase" according to simple addition. The POINT i was trying to point out in the form of a question was would you "FEEL like you have be GIVEN a RAISE?"

LOL, even better. When the tax cuts expire, and peoples taxes are increased, I'm pretty damn sure that everyone that sees less money in their paycheck is going to "FEEL" like their taxes were just increased.

 

[winnar111]

Originally posted by: sandorski

Originally posted by: winnar111
Just using his own words.

He's talked about loads of spending based on rolling back the Bush tax cuts for the wealthy, except they're not rolled back for a while.

Is he planning on sitting on his hands until 2011?

Or this, here:

http://www.rollcall.com/issues/54_31/news/28201-1.html

Obama Proposes Payroll Tax on Those Making Over $250K



That would be a NEW tax, that didn't exist under Clinton.

Not a "New" Tax. It already exists.

Guess the point flew over your head....it does not exist and never has for people making over a certain income level.


I guess in your mind it's impossible to have a tax hike, since some tax at some rate exists everywhere.