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Old 01-06-2013, 12:04 PM
 
Location: Sutherlin, Oregon
448 posts, read 1,199,087 times
Reputation: 227

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Moneys tight, yet taxes are.........UP? ,

Economize and save in every conceivable and perplexing way that you feel comfotable doing, man!

Take care all
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Old 01-06-2013, 01:19 PM
 
Location: southwestern PA
22,592 posts, read 47,689,519 times
Reputation: 48281
okay....
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Old 01-06-2013, 01:24 PM
 
24,488 posts, read 41,150,886 times
Reputation: 12920
Capital gains are locked in low and the market is near a 5-year high. Money doesn't seem too tight...
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Old 01-06-2013, 10:38 PM
 
1,784 posts, read 3,460,141 times
Reputation: 1295
The only taxes that probably went up for you were Social Security (4.2% to 6.2%) and Medicare (1.45% to 1.9%) taxes - which are flat rates for everyone. The progressive income tax piece is unchanged for almost everyone.

So what's your issue with flat and fair again?
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Old 01-06-2013, 11:06 PM
 
Location: Lincoln, CA
505 posts, read 1,665,038 times
Reputation: 553
Money is tight because we've been spending freely and racking up those credit cards, but not actually making any income. Taxes are going up to get more income. Pretty straightforward.
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Old 01-07-2013, 09:39 AM
 
Location: Chicago
3,925 posts, read 6,840,880 times
Reputation: 5501
Quote:
Originally Posted by Goin'toasquarestate View Post
Moneys tight, yet taxes are.........UP? ,

Economize and save in every conceivable and perplexing way that you feel comfotable doing, man!

Take care all
"yet taxes are.........UP? , "

Compared to what exactly? A year ago? Compared to 1985 they are wayyyy down.

In my opinion, taxes have been too low for TOO LONG! That is one major reason we are in such a deficit. Pair that with unfair exemptions, government corruption, and ridiculous spending and you have a deficit that is the largest this country has ever seen. Tax hikes are a necessary evil, but so is spending cuts, and of course we need to rid our government of the graft tax.
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Old 01-07-2013, 10:48 AM
 
Location: NC
9,984 posts, read 10,395,835 times
Reputation: 3086
Quote:
Originally Posted by NJBest View Post
Capital gains are locked in low and the market is near a 5-year high. Money doesn't seem too tight...
Dividend taxes are similarly locked in low as are estate taxes.
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Old 01-07-2013, 10:53 AM
 
147 posts, read 119,001 times
Reputation: 48
What would someone consider as a fair flat tax? For everyone? Even those with incomes below say $26,000.00 ?
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Old 01-07-2013, 10:56 AM
 
9,639 posts, read 6,020,664 times
Reputation: 8567
US won't survive on a flat tax. Has to be progressive.
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Old 01-07-2013, 11:05 AM
 
Location: On The Road Full Time RVing
2,341 posts, read 3,498,333 times
Reputation: 2230
The price of everything in the U.S.A. is going up every year,
and wages are going steadily down.

If taxes don't increase we will do without a lot of repairs,
and convinces, and back to walking.

Then the Chinese will move here, do the work,
and live better than they are today ! ! !
.
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