Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 12-28-2012, 01:23 PM
 
4,167 posts, read 4,183,673 times
Reputation: 2079

Advertisements

When you give government a new tax, even they call it a temporary one, will never go away. It will only goes up.

Just look at the income tax, fica (social security, medicare), all gone up.
Reply With Quote Quick reply to this message

 
Old 12-28-2012, 01:25 PM
 
13,186 posts, read 14,993,016 times
Reputation: 4555
Quote:
Originally Posted by petch751 View Post
1013 is going to be more expensive then 2012. Prices of food will go up 3.5 to 4%. Gas prices are also expected to go up. Healthcare premiums and deductibles will go up due to Obamacare.

The white house just said that the fiscal cliff is not open to negotiations so expect to pay higher taxes which means you're paychecks will be smaller due to higher taxes. Because the ATM will not be patched again there will be 33 million people who will owe more money when paying their 2012 taxes.

Isn't Obama doing a great job taking care of the middle class lol
Good. Let's go back to the Clinton tax rates when we were paying our bills.

The economy boomed under clinton with those same rates.
Reply With Quote Quick reply to this message
 
Old 12-28-2012, 02:04 PM
 
Location: Sarasota FL
6,864 posts, read 12,092,766 times
Reputation: 6744
Because there is no cola adjustment to the ATM, 31 million tax filers are in for a big surprise this tax season. Meanwhile, the 47% will not only not pay any tax but many will receive a check for not paying taxes.
Reply With Quote Quick reply to this message
 
Old 12-28-2012, 02:15 PM
 
Location: Barrington
63,919 posts, read 46,802,265 times
Reputation: 20675
Quote:
Originally Posted by Bulldogdad View Post
That's because the patch will happen in the first two weeks of January.

The fiscal cliff is a bunch of grandstanding bull****.

Absolutely. It will all be retroactive to 1/1/13.

I don't understand the emotional froth on this topic.
Reply With Quote Quick reply to this message
 
Old 12-28-2012, 02:20 PM
 
Location: Barrington
63,919 posts, read 46,802,265 times
Reputation: 20675
Quote:
Originally Posted by petch751 View Post

Prices of food will go up 3.5 to 4%. Gas prices are also expected to go up. Healthcare premiums and deductibles will go up due to Obamacare.
Prices have been going up since forever.

Speculation in commodities markets have more to do with food and gas prices than anything else.

Oil companies could do all sorts of things to increase supply and reduce the price we pay at the pump. It would also reduce the profits of the most profitable corporation in the world, who does not pay a cent in federal taxes.Their lobby has their back.
Reply With Quote Quick reply to this message
 
Old 12-28-2012, 02:21 PM
 
Location: Whoville....
25,386 posts, read 35,570,269 times
Reputation: 14693
Quote:
Originally Posted by d4g4m View Post
Because there is no cola adjustment to the ATM, 31 million tax filers are in for a big surprise this tax season. Meanwhile, the 47% will not only not pay any tax but many will receive a check for not paying taxes.
THIS is what is wrong with our tax code. EVERYONE needs to pay their share.
Reply With Quote Quick reply to this message
 
Old 12-28-2012, 02:22 PM
 
20,728 posts, read 19,390,911 times
Reputation: 8293
Quote:
Originally Posted by middle-aged mom View Post
Prices have been going up since forever.

Speculation in commodities markets have more to do with food and gas prices than anything else.

Oil companies could do all sorts of things to increase supply and reduce the price we pay at the pump. It would also reduce the profits of the most profitable corporation in the world, who does not pay a cent in federal taxes.Their lobby has their back.
1/4 percent credit fueled speculation, all done to save what matters dearly to us, Goldman Sachs.
Reply With Quote Quick reply to this message
 
Old 12-28-2012, 02:26 PM
 
19,023 posts, read 25,986,655 times
Reputation: 7365
Quote:
Originally Posted by bobtn View Post
Sorry to hear YOUR paycheck will be smaller. Not all of us all in that boat. For many of us, salary and/or bonus increases (the latter especially better than at the depths of the Great Recession) more than overcome tax increases, and relatively low Health Care premium employee portions.
While i don't expect a thing from you, certainly you will share with your lefty brethren right

Last edited by Mac_Muz; 12-28-2012 at 03:01 PM..
Reply With Quote Quick reply to this message
 
Old 12-28-2012, 02:28 PM
 
Location: Barrington
63,919 posts, read 46,802,265 times
Reputation: 20675
Quote:
Originally Posted by d4g4m View Post
Because there is no cola adjustment to the ATM, 31 million tax filers are in for a big surprise this tax season. Meanwhile, the 47% will not only not pay any tax but many will receive a check for not paying taxes.
Those pesky seniors make up a substantial part of that 47%.
So do low income earners who benefit from dependent deductions and the earned income tax credit.

None of this is new.
Reply With Quote Quick reply to this message
 
Old 12-28-2012, 02:37 PM
 
2,674 posts, read 4,397,348 times
Reputation: 1576
Quote:
Originally Posted by Bulldogdad View Post
That's because the patch will happen in the first two weeks of January.

The fiscal cliff is a bunch of grandstanding bull****.


Let taxes go back to 1990 levels. Then vote to lower them on everyone except those making 500,000-1,000,000 is my guesstimate.
why 500k? That is middle class in areas like NY, San Fran with 2 working parents.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies
Similar Threads

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top