Good news! Obama to raise taxes on the rich!!! (gas prices, politicians, parties)

[Paige65]

Originally Posted by sailordave

I'm not rich but if I ever fell in the "rich" catagory I'd sure hate to see nearly 1/2 of my income go to the government that flies around in private jets at tax payer expense and then talk down to executives who do the same with private funds.

Private funds? I'm pretty sure they're flying around on company funds. I'm a stockholder, so it's public funds to me.

One thing we do agree on, waste and inefficiency needs to be eliminated in government at all levels.

[InformedConsent]

Originally Posted by Paige65

If you think high wage earners are going to downshift simply because there is a nominal tax increase, you've never been a high wage earner.

You're assuming stasis. That's not necessarily what will happen. It depends on a lot of things, such as one's age and life stage. Some will downshift and simplify; some won't because they have other obligations such as a mortgage or kids in college. Some may view this as an opportunity to change careers into an area that pays less but has always been appealing to them.

[monkeywrenching]

Originally Posted by mrbob

This Thursday the Obama administration will announce the first legislative proposal to begin rolling back the Bush Tax Cuts for the rich, and to redistrubute the tax burden more towards the affluent - WHICH IS WHERE IT SHOULD BE!!!

The days of Dubya's evil smirk are over!!!

Obama will once again make the rich pay their fair share, and to reverse the massive distribution of wealth from the middle-class to the rich that occurred during the Bush administration..

This is change we can believe in!!!

http://www.nytimes.com/2009/02/26/us...t.html?_r=1&hp

guess you like more unemployment, take more of the wealthy's money and they shall invest less. invest less and companies will not be hiring any time soon.

[Who?Me?!]

Originally Posted by monkeywrenching

guess you like more unemployment, take more of the wealthy's money and they shall invest less. invest less and companies will not be hiring any time soon.

bushi1 gave the uber wealthy a welfare check in the form of a huge tax break.....


SO


WHERE ARE THE JOBS ??????????????????????????????

[Greatday]

Lets see - set up a couple of LLC's. Switch ownership to Party A, B, C, D.

Yep - we will simply make sure that no one is making more than that ole 250k limit -

Ah, life is good

[NewToCA]

Originally Posted by Greatday

Lets see - set up a couple of LLC's. Switch ownership to Party A, B, C, D.

Yep - we will simply make sure that no one is making more than that ole 250k limit -

Ah, life is good

And for investors in mutual funds, dump the funds with the largest losses and switch to indexed funds, keeping current year distributions way down.

So easy to beat this tax stuff.

[monkeywrenching]

Originally Posted by Who?Me?!

bushi1 gave the uber wealthy a welfare check in the form of a huge tax break.....


SO


WHERE ARE THE JOBS ??????????????????????????????

define huge?

also please remember that no jobs are ever created by taxes at all.

[Donn2390]

Originally Posted by mrbob

ROFLMAO!!!!

Making the tax code an itsy-bitsy bit more progressive is 'Communist'???

Talk about your super duper extreme hyperbole!!!

ROFLMAO!!!

You more you open your mouth, the more I have to repeat...
You don't have a clue.. You need a new hobby, politics are way over your head...

[stan4]

Originally Posted by NewToCA

And for investors in mutual funds, dump the funds with the largest losses and switch to indexed funds, keeping current year distributions way down.

So easy to beat this tax stuff.

Strategies that you don't have to be 'rich' to employ.
So much for the special 'rich people only get out of tax free' card.
I'm so tired of hearing about that.

[Who?Me?!]

Originally Posted by monkeywrenching

define huge?

also please remember that no jobs are ever created by taxes at all.

No, YOU tell ME where all the jobs are that the repubs swore would appear if the rich got tax breaks.


And, YES, jobs will be created through our taxes....we pay into the government and now, hopefully the stimulus package will create jobs.....

wrong again