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Old 12-04-2013, 07:23 PM
 
Location: Alaska
7,502 posts, read 5,752,205 times
Reputation: 4886

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Quote:
Originally Posted by urbanlife78 View Post
I believe taxation is a foundation to the country, as is representation. I also support the Robin Hood theory, the best way for a country to grow is to make sure we have a strong and growing middle class.
Well you sure as hell can't accomplish that by taking your hard working neighbors income. You can forget Obama taxing the rich in fact, after next November we are going to give him a binky and put him back in his crib for the remainder of his term.
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Old 12-04-2013, 07:31 PM
 
Location: Alaska
7,502 posts, read 5,752,205 times
Reputation: 4886
Quote:
Originally Posted by Ferd View Post
our friend only supports wealth redistribution and taking from the Rich to give to the poor IN THEORY

The fact is, the party he supports doesnt take from the rich. It takes from the upper middle class, and borrows from the chinese to create government dependancy in the poor and lower middle class.
Your right there! Rep point for you!
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Old 12-04-2013, 07:35 PM
 
41,110 posts, read 25,734,548 times
Reputation: 13868
Quote:
Originally Posted by urbanlife78
I believe taxation is a foundation to the country, as is representation. I also support the Robin Hood theory, the best way for a country to grow is to make sure we have a strong and growing middle class.
“Obamanism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery.”
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Old 12-04-2013, 07:36 PM
 
Location: Alaska
7,502 posts, read 5,752,205 times
Reputation: 4886
Quote:
Originally Posted by urbanlife78 View Post
Oh, you are confused. If I put aside 30% each pay check over the year and then I only have to give the government 26% of that, then I get to pocket that 4%. Sounds good to me.
You are allowing the government the use of 4% of your income for free. You need to knock say 10% off your deduction and invest it then use the principal investment to pay what you owe in April.
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Old 12-04-2013, 07:48 PM
 
1,922 posts, read 1,745,659 times
Reputation: 798
Quote:
Originally Posted by Hyperthetic View Post
Which way to go when up is blocked by the "soul" of a boot.

How do you break the sole ceiling?
Other than heavy taxation by the layers of government, who is placing their boot on you?
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Old 12-04-2013, 07:48 PM
 
Location: Maui County, HI
4,131 posts, read 7,444,149 times
Reputation: 3391
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Old 12-04-2013, 07:49 PM
 
Location: Portland, Oregon
46,001 posts, read 35,180,801 times
Reputation: 7875
Quote:
Originally Posted by Crossfire600 View Post
You are allowing the government the use of 4% of your income for free. You need to knock say 10% off your deduction and invest it then use the principal investment to pay what you owe in April.
What I do with my investments are of my own personal interest.
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Old 12-04-2013, 07:50 PM
 
Location: Portland, Oregon
46,001 posts, read 35,180,801 times
Reputation: 7875
Quote:
Originally Posted by Crossfire600 View Post
Well you sure as hell can't accomplish that by taking your hard working neighbors income. You can forget Obama taxing the rich in fact, after next November we are going to give him a binky and put him back in his crib for the remainder of his term.
Good luck with that. If you are hoping for another 2010, you will be very disappointed when you see the Democrats are still in control of the Senate and gained a few seats in the House.
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Old 12-04-2013, 08:02 PM
 
Location: Maui County, HI
4,131 posts, read 7,444,149 times
Reputation: 3391
Quote:
Originally Posted by Crossfire600 View Post
Well you sure as hell can't accomplish that by taking your hard working neighbors income. You can forget Obama taxing the rich in fact, after next November we are going to give him a binky and put him back in his crib for the remainder of his term.
What are you talking about? Taxes went up for the top bracket for 2013 already.

Your taxes under the fiscal cliff deal - Economy

Tax rates: Taxes are going up on individual filers with incomes above $400,000 and couples above $450,000. The wealthy will pay 39.6% on income above this threshold, up from the 35% rate put in place in 2001. All other current income tax rates -- ranging from 10% to 33% -- are set permanently into law.

You probably didn't know because the wealthy are pretty much unaffected. A lot of people don't understand how taxes work so to make it clear--- That means income ABOVE $400,000 is taxed at 39.6% vs 35%. Someone who makes $500k pays an extra $4600.

Unfortunately, Republicans also demanded that the payroll tax cut not be extended.
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Old 12-04-2013, 09:37 PM
 
41,110 posts, read 25,734,548 times
Reputation: 13868
Quote:
Originally Posted by winkosmosis View Post
What are you talking about? Taxes went up for the top bracket for 2013 already.

Your taxes under the fiscal cliff deal - Economy

Tax rates: Taxes are going up on individual filers with incomes above $400,000 and couples above $450,000. The wealthy will pay 39.6% on income above this threshold, up from the 35% rate put in place in 2001. All other current income tax rates -- ranging from 10% to 33% -- are set permanently into law.

You probably didn't know because the wealthy are pretty much unaffected. A lot of people don't understand how taxes work so to make it clear--- That means income ABOVE $400,000 is taxed at 39.6% vs 35%. Someone who makes $500k pays an extra $4600.

Unfortunately, Republicans also demanded that the payroll tax cut not be extended.
lol, What's wrong winko, you don't like paying taxes? Pay them like the rest of us and stop complaining. that was another Obama lie.

"I can make a firm pledge. Under my plan, no family making less than $250,000 a year... which includes a 98 percent of small-business owners, you will not see your taxes increase one single dime under my plan. Not your income tax, not your payroll tax, not your capital gains tax, no tax."

--- President Barack Obama
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