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You do realize, don't you, that your taxes will go up, regardless of your income? I think liberals need to read before they speak. Of course, they will not read, as it refutes everything that they think.
1. There has been NO LEGISLATION to keep the Bush tax cuts in place for ANYONE. Your taxes will go up January 1st, unless there is some rapid legislative changes (don't hold your breath).
2. Married? The marriage penalty is back Jan 1.
3. Have any capital gains? Capital gains increase Jan 1.
4. Own a buinsess? Obama has "granted" a one time "tax cut" for every new hire. He is also increasing the taxes on every small buisness (his greater than $250K per year taxes small buisness profits, as they are mostly S corps). He is creating the Obamacare tax/penalty for small buisness.
5. Here are the taxes that Obama wants, but could not get done YET-
a. increased energy cost through cap and trade
b. VAT tax
c. wealth tax
d. financial transaction tax
6. Increased "payroll tax" for Obamacare
7. Elimination of charitable deductions
8. Elimination of many (if not most) small buisness deductions
9. Elimination of many "tax free" purchases in medical savings accounts.
Wrong... 3% tax increases provide economic stimulus... just like in the 90's...
Where on gods earth did you get your economics degree?
The economy boombed in the 1990's because the effective tax rate DROPPED.. NO ONE PAYS margins tax rates..
http://www.outsidethebeltway.com/wordpress/wp-content/uploads/2009/07/effective-tax-rate-charts.png (broken link)
If you take 3% OUT of the economy, how on gods earth are you stimulating it? Thats like saying you got a pay cut this year so you're going out and buying a larger home..
ooh heck, even better.. Obama is raising taxes on everyone, so the economy should be boombing right? Why, he should raise taxes to 100% and you wont be able to slow down the growth...
Someone please remind me how to put someone on ignore.. I've suffered enough pain from one poster to last me a lifetime...
Where on gods earth did you get your economics degree?
The economy boombed in the 1990's because the effective tax rate DROPPED.. NO ONE PAYS margins tax rates..
If you take 3% OUT of the economy, how on gods earth are you stimulating it? Thats like saying you got a pay cut this year so you're going out and buying a larger home..
ooh heck, even better.. Obama is raising taxes on everyone, so the economy should be boombing right? Why, he should raise taxes to 100% and you wont be able to slow down the growth...
Someone please remind me how to put someone on ignore.. I've suffered enough pain from one poster to last me a lifetime...
I don't blame you.
HC holds the record for most inaccurate "facts" in one post!
HC holds the record for most inaccurate "facts" in one post!
... It's funny because it's a historical fact... Inaccurate?... Direct links and graphs sure are misleading... Oh wait... I don't post from inflamatory right wing blogs... so I must be wrong...
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