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I've struggled and juggled for decades to finally perhaps crawl into Obama's target range of "millionaires and billionaires" even though I am neither.
lol, don't you love it... you crawled into Obama's income range and even though you are not a millionaire, Obama's fuzzy math says you are. You are a HENRY
Higher Earner Not Rich Yet
Families earning between $250,000 and $500,000, but not having much left after taxes, schooling, housing and family costs - not to mention saving for an retirement. The original article in which the "high earners, not rich yet (HENRYs)" term appeared discussed the alternative minimum tax (AMT) and how hard it hits this group of people.
Quote:
Originally Posted by marcopolo
the Dems need to step away from uncontrolled spending--instead of asking that the limit be removed from the credit card.
That makes too much sense marcopolo and that is why it goes over their heads.
I will watch with great amusement as the GOP twists itself into pretzels trying to keep from being devoured by this monster they created. Their whole purpose behind building this phony "fiscal cliff" crisis was to defeat Obama. Now that he's won, he is wisely making the Pubs walk an extremely narrow tightrope. If they don't handle this thing very adeptly, it will be fatal to them.
The Bush tax cuts also reduce taxes on the middle class. If the Bush tax cuts are contributing to increased debt then "all" Bush tax cuts need to expire. And why does Obama want to keep them for the middle class then.
The middle class "seem so concerned" about debt as long as letting them expire does not effect them.
Practice what you are preaching, let them all expire.
Republicans put revenues on the table..... now it's your turn. What are you giving in exchange? It's your turn.
They have said they're willing to put revenues on the table (which was the president's opening position) provided they are, in Boehner's words, "accompanied by significant spending cuts." Great! Now he needs to tell the president what cuts they want, since it is their bargaining position that they won't give one without getting the other. What, exactly, do they want in return for that concession? And why would they leave that to the president to determine?
In essence they're saying, "We'll give you revenue increases in exchange for X. You decide what X is." Who negotiates like that?
60% of this country has no problem with letting what was su pposed to be a temporary tax cut anyway expire in the wealthiest . Yet the GOP continues to try their old broken fiddle, which the voters SOUNDLY rejected this past election. The GOP is willing to harm the economy and millions of middle class Americans just so they can protect the interests of a few of their plutocratic friends and for small political gains. It should be considered an act of terrorism.
Most people ALWAYS support OTHERS paying more. why does that surprise you?
It has been stated the "new" taxes will only last the gov't 10 days.
Is that worth the negative consequences on how it affects the thousands of small businesses?
They already pay about 80% of ALL taxes now. What is enough?
Funny that Obama worshipers actually think a country can become prosperous on the backs of the rich.
People do realize that the rich will pay higher taxes which will make Obama supporters happy but they refuse to look at the unintended conscequenses.
They will finally get the message when they are getting poorer and struggling just to survive. The poor and minorities will be hit the worst, and to think, they VOTED FOR THIS!
All I'm going to do is laugh and tell them to suck it up!
Revenues are needed to fund government essentials, one of which is defense. Don't even get liberals started about taxing the rich. If you can read a graph, you see the one below which shows government revenues have fallen off to 1950's rates.
btw, tax cuts for the rich were supposed to be a job creator, and I can post a link to that effect too, keep burying yourselves under this notion that only democrats want tax increases, most of America want's it too, and have seen thru the REpublican smokescreens, it's why Obama was elected, so, get over the fact that you guys lost.
They have said they're willing to put revenues on the table (which was the president's opening position) provided they are, in Boehner's words, "accompanied by significant spending cuts." Great! Now he needs to tell the president what cuts they want, since it is their bargaining position that they won't give one without getting the other. What, exactly, do they want in return for that concession? And why would they leave that to the president to determine?
In essence they're saying, "We'll give you revenue increases in exchange for X. You decide what X is." Who negotiates like that?
Obama said he wants taxes on the rich... Boehner didn't have to put revenues on the table but he did in exchange for cuts ... now it's Obama's turn... what cuts is he willing to put on the table.
60% of this country has no problem with letting what was su pposed to be a temporary tax cut anyway expire in the wealthiest . Yet the GOP continues to try their old broken fiddle, which the voters SOUNDLY rejected this past election. The GOP is willing to harm the economy and millions of middle class Americans just so they can protect the interests of a few of their plutocratic friends and for small political gains. It should be considered an act of terrorism.
It was temporary for everyone.
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