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Old 09-17-2010, 07:10 PM
 
Location: Long Island (chief in S Farmingdale)
22,154 posts, read 19,397,646 times
Reputation: 5284

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Quote:
Originally Posted by HappyTexan View Post
From my link which contains the transcript of Obama's words..$250K right there:

"Obama said, "First off, you would get a 50% tax credit so you'd get a tax cut for your healthcare costs….. if your revenue is above 250 – then from 250 down, your taxes are going to stay the same. It is true that from 250 up – from 250 – 300 or so, so for that additional amount, you’d go from 36 to 39%, which is what it was under Bill Clinton."
This was from during the campaign

Quote:

The Obama plan maintains
the existing marginal tax rates for every family making less than $250,000 – and single people making less than
$200,000
http://www.barackobama.com/pdf/taxes...acts_FINAL.pdf
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Old 09-17-2010, 07:17 PM
 
Location: Foot of the Rockies
90,316 posts, read 120,475,124 times
Reputation: 35920
Quote:
Originally Posted by HappyTexan View Post
Oh it definitely is. This IS spreading the wealth around..robin hood style..take from the rich and give to the poor.
And the article with the transcript has him defining the $250K wealth..only now it's $200K for an individual so in the span of 2 years the wealthy has come down $50K.
The thread title is "$250K not wealthy in America???????? Gimme a break". It's not a thread to debate tax policy.
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Old 09-17-2010, 07:21 PM
 
Location: Great State of Texas
86,052 posts, read 84,321,515 times
Reputation: 27718
Quote:
Originally Posted by Smash255 View Post
That shouldn't marginalize it though..that was his promise during his campaign...$250K not $200K.
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Old 09-17-2010, 08:48 PM
 
Location: Long Island (chief in S Farmingdale)
22,154 posts, read 19,397,646 times
Reputation: 5284
Quote:
Originally Posted by HappyTexan View Post
That shouldn't marginalize it though..that was his promise during his campaign...$250K not $200K.
No, it was quite clear during the campaign that it was $250,000 for families, $200,000 for single filers.
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Old 09-18-2010, 06:57 AM
 
Location: Bradenton, Florida
27,232 posts, read 46,578,960 times
Reputation: 11083
Quote:
Originally Posted by lovetheduns View Post
Generally no.

For someone who lives in NYC and has 0 withholdings on all taxes, puts aside 10% in their 401k and pays about 100.00 a month for dental and medical insurance through their employer-- they would pull in approximately 10,192.00 a month.

Most folks with that as a salary tend to go ahead and put in additional withholdings for their state income tax and federal. Most of them also put aside more than 10% in their 401k and some even pay higher premiums for health and dental insurance based on their salaries.
That's a choice though. Many people, once they start getting a higher salary don't change the ratio of their saving to spending. If they were making $2000 a month, and suddenly got a raise that doubled their income, many would seek to improve their standard of living, instead of saving the additional income, and surviving on that same $2000 they were making before.

I read a headline in the St. Petersburg Times that said 1 in 7 in the U.S. live in poverty. I'm sure those people don't understand how someone making $250K is NOT rich.
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Old 09-18-2010, 09:15 AM
 
30,023 posts, read 18,596,563 times
Reputation: 20806
Quote:
Originally Posted by ndfmnlf View Post
Speaking of amusing spelling errors....it's THEIR not "thier".

Liberals just cannot help themselves.

The obsession with spelling errors is hilarious and is a symptom of-

1. A smug false sense of superiority
2. Focusing on irrelevent details while losing sight of the big picture


Spelling errors are to a liberal what a shiney lure is to a bass. The liberal, like the bass, probably knows better, but just cannot help themselves and bites anyway.
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Old 09-18-2010, 10:51 AM
 
4,183 posts, read 6,512,952 times
Reputation: 1734
Quote:
Originally Posted by hawkeye2009 View Post
Liberals just cannot help themselves.

The obsession with spelling errors is hilarious and is a symptom of-

1. A smug false sense of superiority
2. Focusing on irrelevent details while losing sight of the big picture


Spelling errors are to a liberal what a shiney lure is to a bass. The liberal, like the bass, probably knows better, but just cannot help themselves and bites anyway.
It's spelled IRRELEVANT, not "irrelevent".

Lest we lose sight of the big picture, I propose that those who can't spell English words properly and can't construct grammatically correct English sentences be immediately deported. These people aren't real Americans.
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Old 09-18-2010, 11:24 AM
 
4,526 posts, read 4,076,373 times
Reputation: 2249
Quote:
Originally Posted by lifelongMOgal View Post
Exactly where it is right now. STOP the SPENDING!

Every American deserves to keep what they earn. It is time to starve the beast that is the federal government. Period.
You've just stated the biggest assumption that fiscal conservatism makes.

You assume that because someone is paid a certain amount they've earned it.

There are lots of people out there that don't do anywhere near enough to earn the money they are paid. For the amount that these CEO's and execs earn, you would think they have the ability to heal people just by touching them, or they can get pure water from rocks or make bread fall from the sky.

They don't though. They figure out how to take resources from one group (consumers, poor people) and give them to another (the rich, who hold a large majority of all stocks). So for their theft they get paid millions? Not really "earning" their pay. Why should they get to keep it?

If you really want to disagree, show me the data that shows increasing wealth for the lower populations and shrinking wealth for the higher populations.

Until then, I don't think these people (private sector theives is more like it) have a right to any more pay than a surgeon or doctor. The surgeon or doctor spends far more time in training, has a lot more to lose if things go wrong, and human life has way more value than some green paper, yellow metal, or however else you want to measure wealth, so they have more responsibility.
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Old 09-18-2010, 10:19 PM
 
Location: THE USA
3,257 posts, read 6,118,378 times
Reputation: 1998
Quote:
Originally Posted by hawkeye2009 View Post
Liberals just cannot help themselves.

The obsession with spelling errors is hilarious and is a symptom of-

1. A smug false sense of superiority
2. Focusing on irrelevent details while losing sight of the big picture


Spelling errors are to a liberal what a shiney lure is to a bass. The liberal, like the bass, probably knows better, but just cannot help themselves and bites anyway.

Or perhaps it is that the person is an Author and appreciates the editor, fact checker, and proof reader's of the world.

Back to the topic at hand, if you can pull yourself away from your incorrect assumptions and stereotypes of liberals.
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Old 09-18-2010, 10:59 PM
 
2,409 posts, read 3,036,821 times
Reputation: 2033
Here is the deal, the vast wealth of America's richest individual's has been largely a product of both government and private borrowing over the past 30 years, and of the system of global trade whereby products are produced by vastly underpaid workers in developing countries and sold in developed nations where commodity prices are higher. But that can only work so long as there is massive borrowing.
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