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Old 12-28-2012, 03:50 AM
 
41,110 posts, read 25,730,963 times
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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
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Old 12-28-2012, 04:11 AM
 
24,488 posts, read 41,138,516 times
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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


Well 1013 were tough times. ATMs were hardly automated back then. And the whitehouse has nothing to do with it.
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Old 12-28-2012, 08:17 AM
 
Location: Great State of Texas
86,052 posts, read 84,472,986 times
Reputation: 27720
The AMT (Alternative Minimum Tax) on the "rich" will hit incomes as low as $33K/year next year.

People just seem to think Congress will patch it again sometime before April.
Yet, it has not even been brought up as a discussion point in Congress regarding the patch.
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Old 12-28-2012, 08:34 AM
 
Location: Baldock, hertfordshire, England
768 posts, read 879,851 times
Reputation: 254
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
Thats the important one. They take a corrupt, monopolistic system of which individuals choose to be a part of, and turn it round to one they are coerced by govt to be a part of.

Mind, i shouldnt complain. The exorbitant costs forced on you lemmings by your politicians beholden to big pharma mean lower drugs costs for us. My father actually worked for a pharmaceuticals company back in the 90s, and they would charge you yanks 20 times what europeans get charged! Same with every drugs company.

Obama is stangely silent about this aspect of medical costs. I wonder why? Is it because he is an idiot, or because he depends on their donations? Either way, the man is unfit to hold the office (along with the last dozen or so presidents) Even waste of space Michael Moore had the knowledge to point monopolist pricing on medicine in the US.

Marcie Edmonds: Woman stung by $83,046 medical bill after scorpion attacks her bottom | Mail Online
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Old 12-28-2012, 08:45 AM
 
25,619 posts, read 36,697,144 times
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Quote:
Originally Posted by HappyTexan View Post
The AMT (Alternative Minimum Tax) on the "rich" will hit incomes as low as $33K/year next year.

People just seem to think Congress will patch it again sometime before April.
Yet, it has not even been brought up as a discussion point in Congress regarding the patch.
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.
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Old 12-28-2012, 08:47 AM
 
13,511 posts, read 17,034,476 times
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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.

I think that's exactly what the Dems and the President will do..and then let the Republicans vote against lowering the tax rates because the rich aren't included...political suicide.
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Old 12-28-2012, 08:48 AM
 
20,716 posts, read 19,360,295 times
Reputation: 8283
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
Well everyone keeps whining about national debts and fiscal policy which has nothing to do with the price of food, gas and health care.

The reason why the price of food is going up is because farm land prices keep going up. That means higher access charges and bigger tool booth payments for industry that wants to use it.

Survey: Indiana farmland values, cash rents soar
WEST LAFAYETTE, Ind. - Indiana's farmland values and cash rents have continued to soar in 2012, even amid the worst drought in decades, according to a June 2012 Purdue University survey.

Robust net farm incomes, favorable interest rates, strong farmland demand and a limited supply of farmland for sale kept Indiana farmland values and cash rents moving higher," said Craig Dobbins, Purdue Extension agricultural economist.
That is why low interest rates as a cure all is a myth. You would think after 10 years people would begin to question what should be blatantly obvious then let alone now.



The reason for that is because of Zero Interest Rate Policy aka ZIRP which allows people to borrow cheap and buy land. This makes any food grown on it at a premium. That is why I believe deficits should "fund" social security while the withholding is terminated until further notice for regressive tax relief. Then interest rates need to rise to end the ZIRP madness, total financial chaos and market bubble free for all on land and oil not to mention easy credit for medical school.

In other words I have been calling for the exact opposite of what we have been doing for the last 5 years.

Them:

Lower interest rates and balance the budget. (Read that as paradise for bankers skimming and asset stripping all the wealth and turning it into interest payments)


Me:
Raise interest rates and create deficits to fund tax and debt relief.



Them: Let investment banks print money to bloat preexisting assets like land, oil and creat a bidding war between med students where the winner agrees to take the most debt that will eventually be passed on to patients.

Me: Remove dead weight taxes and interest payments on labor and industry.


Them: Continue destroying the economy.

Me: Fix the economy.
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Old 12-28-2012, 08:51 AM
 
5,524 posts, read 9,938,373 times
Reputation: 1867
The funny thing in this situation is that now that the President has his four years, the two year, unlimited term career politicians need something to go through more than he does. Boehner and crew did not expect to be dealing with Obama again and they are starting to crack.

It's sad how much politics there are in politics today.
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Old 12-28-2012, 09:32 AM
 
25,619 posts, read 36,697,144 times
Reputation: 23295
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Originally Posted by dman72 View Post
I think that's exactly what the Dems and the President will do..and then let the Republicans vote against lowering the tax rates because the rich aren't included...political suicide.
Ain't gonna happen. You've been fooled just as much as those on the right.
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Old 12-28-2012, 09:34 AM
 
25,619 posts, read 36,697,144 times
Reputation: 23295
Quote:
Originally Posted by tluv00 View Post
The funny thing in this situation is that now that the President has his four years, the two year, unlimited term career politicians need something to go through more than he does. Boehner and crew did not expect to be dealing with Obama again and they are starting to crack.

It's sad how much politics there are in politics today.

Please if you think that Boner and crew didn't prepare for Obama to win then your as guillable as any on the other side of your political spectrum.

It's all kabuki theater.
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