Here's the chance fo everyone to offload on why taxes have ruined their lives...
moderation, i will chip in and we can go to starbucks.
munster, i don't think you understood my last post. i do not trust the politicians to always do as they say. that is why i am waiting to see real results, not just worthless blather.
My opinion,plus a dollar, will get me a cup of coffee most places.
munster...go spend words at the grocery store. they are worthless. i wish to see evidence of real savings overall and not simply a shell game by our politicians. there is no burying of my head in the sand. i deal with profit and loss on a daily basis just like anyone that has income and bills. i do not desire appeasement...i demand results...and you should as well.
good morning munster. i have a rather large crystal ball here and i could probably look into it and make a prediction as well. however, i am more interested in the present. the term savings can be very misleading as well as the term projected savings. that seems to be the prevailing claim now. i think you will agree that so far that has not been the case. i still have my money on the overall increase in expenditures and debt. when the debt clock actually begins to regress, you will have me most of the way convinced. until then, i had rather get my dose of hot air from the caribbean.
"And there has already been reductions and savings regardless of what your republicans say !"....munster, keep us posted of the savings verses the expenditures if you would my good man. i am betting on the expenditures myself.
munster, i was referring to the immediate 2% social security tax increase which affects everyone that currently pays into the program. only those that get income and currently pay zero into social security remain unaffected. we have yet to see the full impact of all of the increases to come whther directly or indirectly. however, as much as i hate to see it happen, it is necessary to wake up people to the true cost and impact from the free-spending and borrowing that we all have allowed to occur. sadly, i predict the debt ceiling will be raised yet again and there will be no real meaningful positive change in the tax policies.
so munster, did you notice the recent tax increase on all who draw a real salary? only the free loaders escape this one. hmmmm. i have to check with my accountant to see if there are any new "rich" guy loopholes.....i'll get back to ya.
munster, so is it possible that some of the union leadership and the rank and file ever use their good ol' boy network to manuever friends and relatives into positions that would otherwise be filled by others? if so, then that is not a problem....right? in most cases those that sit on the board of directors have significant stock holdings or specialized skills to be elected by the stockholders themselves. i directly own quite a few shares of an insurance company, although not enough to be invited too join the directers mind you, but at the end of each term we vote on who will serve. one of the reasons you may find people jumping from one corporation to another or even sitting on multiple boards would be for the same reason they even get on one board. if you are going to single-brush stroke them, then in all fairness you must brush stroke others...thats right...you already do..re: your texas comment on another topic. good one.
This is what happens when you appease the masses and not solve problems: Obama runs on a platform of soaking the rich instead of deficit reduction. Now that the pres got his tax on Millionaires and Billionaires (yahoo), here is what he has done to us: It will cause a loss of nearly $4 trillion in tax revenues over 10 years – compared to the projected revenues if Congress had simply done nothing and allowed all the Bush tax cuts on the books in 2012 to expire. He ran on a “no gonads” strategy. The 47% feel good but the problem is not solved. The millionaire tax soved nothing. There are not enough of them out there. More tax payers have to pay more.
as a person you are worth more than that......have a great evening.
Munster, i understand your sentiment, but there are people out there that manage and run companies that are worth every penny they receive. believe it or not, it does take a certain acumen to make a business successful. unlike the governemnt that can simply raise taxes, institute fee's and penalties or borrow money to continue their endeavor, businesses must generate sales to not just survive but to grow. the owners of the corporation (stockholders), namely the board of directors usually determine the compensation packages for upper management. frankly, i don't think you or any employee should have a say in what they make. you should be paid what you have negotiated. quite possibly you and others that feel the way you do should (have) invest(ed) in your education and developed the skillset that will make you attractive enough for someone to offer you that kind of compensation package. until then you should accept that you have not attained that worth level pertaining to employment. as
scrappile, thank you for your thoughtful reply. unfortunately, the flat tax could not take into consideration the consumption taxes that you mentioned since we all consume at different levels. it seems to me that income levels have created the great divide for many of our citizens on the left and possibly in the middle and right. you do have a point in suggesting an all encompassing singular tax. i think that many who have enjoyed the relative lack of the financial burden of supporting the government would be astonished at the percentage that they would have to pay to cover past debt as well as the current level of spending. in that scenario, i contend that americans as a whole would demand the end to the pork and wasteful spending...unless we intend to all roll over and allow the legislated confiscation of our property, investments, savings and earnings. free money is as addictive as any drug and unfortunately our politicians are the dealers and the voters the addicted.
Households making between $40,000 and $50,000 will face an average tax increase of $579 in 2013, according to the Tax Policy Center's analysis. Households making between $50,000 and $75,000 will face an average tax increase of $822.
LTS: If you go only flat tax, not flat tax on top of gas taxes, hidden federal taxes, like the one on candy bars. Maybe it would work but the .01 to 1 % of earners will never let this happen.
As far as the 47% of earners who pay no income tax, like Mr. Ron Paul says "That is almost halfway to being constitutional." My point will still focus on a smaller percentage of earners paying income taxes while the govt. grows and grows. And we still elect pseudo "smaller govt." reps like bill johnson, who only see a smaall window of cuts, mostly to those who have no voice or lobbyist. ! example: should Romney pay 15 % on income that comes from our U.S. Navy protecting Iranian oil being shipped to China, so he can get a dividend check? I do not believe so, in fact that should be taxed at pre Reagan rates, just for the sake of decency. Have a Blessed day.
a bake sale sound pretty appetizing at the monet...great idea!
Munster, good morning. i tend to disagree with you about their motives. but i do agree that they take advantage of the deductions and labeling of income. so it is really a case of "do as i say and not as i do" scenario. bottom line is that unless we get spending under control and begin to actually pay as we go verses the debt sinkhole we have created, all of the class-taxation will do nothing but lead to a permanent poverty class with no incentive for achievement or advancement. that is one reason why i support a flat tax with no deductions as well as pay as we go. when that happens you will see the rampant wasteful and palm-greasing spending subside or a revolution by the taxpayers. you may just become a tea-party suporter then. remember your s.s. and pension money is income and should be subject to taxation. after all it is income!
good morning moderation! please find an answer to your question. "An estimated 201.5 million U.S. citizens age 18 or over will be eligible to vote Nov. 2, although many are not now registered. Of these, about 55 million are registered Republicans. About 72 million registered Democrats." there are 72 million that could give extra, depending on amount, which could put a dent in some of the national spending. it is clear here as well and i hope you have a great year as well as enjoy the warmth of your fireplace.
lts- I bet you are in support of a 'morning after pill' this morning, huh? Also you said recently "if the charitable nature of folks on the left were so great, voluntary giving would put a pretty big dent in the social aspect of our spending excesses". do you have any numbers that makes this clear? Speaking of clear, it is 19, and mostly clear, here. It is time to load the fireplace. have a great 1/2/13
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