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Old 10-08-2016, 08:28 PM
 
1,009 posts, read 708,669 times
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Quote:
Originally Posted by back2MD View Post
Since she will win this election, does anyone know how much taxes will increase for the middle class? I remember having to pay a lot in taxes when her husband was president, I was a whole lot younger though and was below middle class status. Bill Clinton did bring down the deficit dramatically.
Bill created the housing bubble did a fine job with that .
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Old 10-08-2016, 08:42 PM
 
Location: FAIRFAX, VA
599 posts, read 693,257 times
Reputation: 475
She has a lot of programs that will need funding hopefully some of her programs will benefit me, I just trying to figure out what percentage more in taxes will I have to pay
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Old 10-08-2016, 08:46 PM
 
Location: Planet Telex
5,898 posts, read 3,899,147 times
Reputation: 5856
Quote:
Originally Posted by back2MD View Post
Since she will win this election, does anyone know how much taxes will increase for the middle class?
If the house and senate remain the same, then its probably not worth worrying about.
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Old 10-08-2016, 08:46 PM
 
Location: Pyongjang
5,701 posts, read 3,221,735 times
Reputation: 3925
She's going to mandate everyone takes in a muslim refugee
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Old 10-08-2016, 09:04 PM
 
Location: Lebanon, OH
7,081 posts, read 8,943,199 times
Reputation: 14739
Anytime you hear a democrat say that they will raise taxes only on the rich and make everyone pay their fair share, it means taxes will go up for everyone. They need your money to buy the votes of the moocher class, that is why welfare benefits are never reduced in order to relieve the tax burden of low income working people, people will not give up benefits to work at Wal-Mart for $9.00/hour because they can't afford the cut, democrats know this and need those people in a state of dependency to stay in power.
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Old 10-08-2016, 09:20 PM
 
69,368 posts, read 64,101,577 times
Reputation: 9383
Quote:
Originally Posted by back2MD View Post
Since she will win this election, does anyone know how much taxes will increase for the middle class? I remember having to pay a lot in taxes when her husband was president, I was a whole lot younger though and was below middle class status. Bill Clinton did bring down the deficit dramatically.
The tax increases wont be so obvious to the middle class.. They will be increases to businesses and wealthy who will just raise their prices and then the middle class will pay for them indirectly.

Btw, Clinton brought down the deficit AFTER he cut taxes.. capital gains fell from 28% to 20% for example.
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Old 10-08-2016, 09:21 PM
 
69,368 posts, read 64,101,577 times
Reputation: 9383
Quote:
Originally Posted by back2MD View Post
She has a lot of programs that will need funding hopefully some of her programs will benefit me, I just trying to figure out what percentage more in taxes will I have to pay
As not what your country can do for you..

Boy, those days are clearly gone.. GIVE ME GIVE ME GIVE ME..
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Old 10-08-2016, 09:25 PM
 
10,513 posts, read 5,165,182 times
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Quote:
Originally Posted by NewbieHere View Post
She will increase tax for SS. That's a tax increase on middle class.
Only if you make more than $118,500 per year. She's not proposing to increase the rate, only the cap.
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Old 10-08-2016, 09:26 PM
 
Location: SoCal
20,160 posts, read 12,758,356 times
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Quote:
Originally Posted by Elliott_CA View Post
Only if you make more than $118,500 per year. She's not proposing to increase the rate, only the cap.
The last time I check $125k is considered middle class. Yes so that still applies.
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Old 10-08-2016, 10:04 PM
 
Location: Pyongjang
5,701 posts, read 3,221,735 times
Reputation: 3925
Quote:
Originally Posted by Elliott_CA View Post
Only if you make more than $118,500 per year. She's not proposing to increase the rate, only the cap.
Which is middle class
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