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I'm so disgusted with the ignorance of the American people who would be so stupid as to re-elect that worthless communist POS, that I hope the taxes do go up. All the ignorant middle class, and the freeloaders who think their taxes will go down will soon find out how wrong they are. I can afford the extra $2200, and will gladly pay it just to see the fools get obama's weiner jammed up their azz.
Now even the democrats who voted for the law want it delayed a year. Slowly but surely the ignorant are coming around to the lies.. New taxes are showing up every day... go stick em, bammy...
It's the parasite class.
Anyone receiving a government entitlement based on low income should not be allowed to vote.
They are worthless parasites of the worst sort and if left allowed they will end up turning the country into a Detroit or Philadelphia.
After all, we are NOT a democracy and democracies are for stupid, ignorant people.
There's more to this than just the expiring cuts though.
There are Obamacare taxes hitting.
There's a boatload of regulations going into effect that will hit consumers.
This tax bill won't come due until 2014 when you file your 2013 returns.
Without really knowing all the changes coming in 2013 it's hard to budget your finances.
Some will be able to do it with the known changes but many of us that think we're not in that 1% and won't be effected will be in for some big surprises next year.
You and I know that...but I didn't want to confuse the "Einesteins" here with more complexity than they could handle. Looks like that failed...I gave some too much credit. You're right about the final impact not being known until we calculate taxes in early 2014...but withholding will be calculated much sooner, so the loss should be seen in our first paychecks in 2013.
You and I know that...but I didn't want to confuse the "Einesteins" here with more complexity than they could handle. Looks like that failed...I gave some too much credit. You're right about the final impact not being known until we calculate taxes in early 2014...but withholding will be calculated much sooner, so the loss should be seen in our first paychecks in 2013.
But it's going to be more than your paycheck.
Take the Universal Service Charge for example. It's tripled in 10 years.
The switch to cellphone and heavy advertising has a record number of people in this program now.
The FCC has decided that smart phones and internet access and data plans are needed. They are already running pilot programs.
That cost can't be contained with the current charges we pay so that will have to go up to cover it.
While people claim this is not a tax, it is mandated by the FCC and monitored, etc. It is a government subsidy collected by private parties.
States are increasing the fees and people are not following this.
NE just got approved to raise it from 15% to 17%.
Their mantra now is that ALL customers should have access to all services.
Far cry from the original mantra of "local landline service in order to have access to 911".
Obama is against increase in tax cuts to incomes below $250K. Republicans are the ones opposed to the idea, unless incomes above $250K are also protected.
So, keep your crap to self, or limit it to the like minded stupid.
so he says. Obama and the left very much want to end up over the cliff so they can blame republicans..
Ok we'll just send you a bill for $1 trillion
You're nicer than Buffet. He's waiting for someone to tell him specifically to pay more while he's been quietly rearranging financial situations in the background in anticipation of higher taxes. Not quiet enough though since it has come out what he's done.
Even Warren "tax me more" Buffet is getting ready for next year.
Do you know that the AMT patch expired ? Congress has done nothing and said nothing on this.
AMT will hit people making $30K next year. Going to be a banner year for the IRS. If not patched, AMT will hit a record number of Americans.
I'll be more than happy to see everyone earning between $30K and $175K pay a flat federal income tax rate of 26%. It's about time. Pay your fair share!
And for those who are wondering if the AMT is progressive, it is. The AMT tax rate is 28% for income above $175K.
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