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June 16, 2008 at 6:12 PM #223570June 16, 2008 at 6:39 PM #223410TheBreezeParticipant
Excellent posts, SDEngineer. Very eloquently said.
AsiaNautica, you seem to have no clue how the current tax system works. Go here and take a look at the current tax brackets and educate yourself:
http://www.moneychimp.com/features/tax_brackets.htm
As you can see, the current tax rate for someone in the $164,555-$357,700 bracket is 33%. Under Obama, this rate might go to 38% or so. That’s only an extra 5% increase. It’s not an increase from 0 to 38% like you seem to be implying in this thread.
What that means is that someone in this bracket who makes $250,000 will pay approximately an extra $2,500 in taxes on their last $50,000 in income (0.05 x $50,000 = $2,500) versus what they would have paid under Bush. BFD. So your precious cousin will owe an extra $2,500 on that last $50K in income. I hope you’ll excuse me if I don’t shed a tear for him.
You seem to consider an extra 5% in taxes to be one of the biggest injustices in the world. You are obviously clueless and from all appearances border-line retarded. I assure you there are much bigger injustices in this world than your cousin having to pay an extra $2,500 in taxes on his last $50K in income.
June 16, 2008 at 6:39 PM #223514TheBreezeParticipantExcellent posts, SDEngineer. Very eloquently said.
AsiaNautica, you seem to have no clue how the current tax system works. Go here and take a look at the current tax brackets and educate yourself:
http://www.moneychimp.com/features/tax_brackets.htm
As you can see, the current tax rate for someone in the $164,555-$357,700 bracket is 33%. Under Obama, this rate might go to 38% or so. That’s only an extra 5% increase. It’s not an increase from 0 to 38% like you seem to be implying in this thread.
What that means is that someone in this bracket who makes $250,000 will pay approximately an extra $2,500 in taxes on their last $50,000 in income (0.05 x $50,000 = $2,500) versus what they would have paid under Bush. BFD. So your precious cousin will owe an extra $2,500 on that last $50K in income. I hope you’ll excuse me if I don’t shed a tear for him.
You seem to consider an extra 5% in taxes to be one of the biggest injustices in the world. You are obviously clueless and from all appearances border-line retarded. I assure you there are much bigger injustices in this world than your cousin having to pay an extra $2,500 in taxes on his last $50K in income.
June 16, 2008 at 6:39 PM #223529TheBreezeParticipantExcellent posts, SDEngineer. Very eloquently said.
AsiaNautica, you seem to have no clue how the current tax system works. Go here and take a look at the current tax brackets and educate yourself:
http://www.moneychimp.com/features/tax_brackets.htm
As you can see, the current tax rate for someone in the $164,555-$357,700 bracket is 33%. Under Obama, this rate might go to 38% or so. That’s only an extra 5% increase. It’s not an increase from 0 to 38% like you seem to be implying in this thread.
What that means is that someone in this bracket who makes $250,000 will pay approximately an extra $2,500 in taxes on their last $50,000 in income (0.05 x $50,000 = $2,500) versus what they would have paid under Bush. BFD. So your precious cousin will owe an extra $2,500 on that last $50K in income. I hope you’ll excuse me if I don’t shed a tear for him.
You seem to consider an extra 5% in taxes to be one of the biggest injustices in the world. You are obviously clueless and from all appearances border-line retarded. I assure you there are much bigger injustices in this world than your cousin having to pay an extra $2,500 in taxes on his last $50K in income.
June 16, 2008 at 6:39 PM #223562TheBreezeParticipantExcellent posts, SDEngineer. Very eloquently said.
AsiaNautica, you seem to have no clue how the current tax system works. Go here and take a look at the current tax brackets and educate yourself:
http://www.moneychimp.com/features/tax_brackets.htm
As you can see, the current tax rate for someone in the $164,555-$357,700 bracket is 33%. Under Obama, this rate might go to 38% or so. That’s only an extra 5% increase. It’s not an increase from 0 to 38% like you seem to be implying in this thread.
What that means is that someone in this bracket who makes $250,000 will pay approximately an extra $2,500 in taxes on their last $50,000 in income (0.05 x $50,000 = $2,500) versus what they would have paid under Bush. BFD. So your precious cousin will owe an extra $2,500 on that last $50K in income. I hope you’ll excuse me if I don’t shed a tear for him.
You seem to consider an extra 5% in taxes to be one of the biggest injustices in the world. You are obviously clueless and from all appearances border-line retarded. I assure you there are much bigger injustices in this world than your cousin having to pay an extra $2,500 in taxes on his last $50K in income.
June 16, 2008 at 6:39 PM #223574TheBreezeParticipantExcellent posts, SDEngineer. Very eloquently said.
AsiaNautica, you seem to have no clue how the current tax system works. Go here and take a look at the current tax brackets and educate yourself:
http://www.moneychimp.com/features/tax_brackets.htm
As you can see, the current tax rate for someone in the $164,555-$357,700 bracket is 33%. Under Obama, this rate might go to 38% or so. That’s only an extra 5% increase. It’s not an increase from 0 to 38% like you seem to be implying in this thread.
What that means is that someone in this bracket who makes $250,000 will pay approximately an extra $2,500 in taxes on their last $50,000 in income (0.05 x $50,000 = $2,500) versus what they would have paid under Bush. BFD. So your precious cousin will owe an extra $2,500 on that last $50K in income. I hope you’ll excuse me if I don’t shed a tear for him.
You seem to consider an extra 5% in taxes to be one of the biggest injustices in the world. You are obviously clueless and from all appearances border-line retarded. I assure you there are much bigger injustices in this world than your cousin having to pay an extra $2,500 in taxes on his last $50K in income.
June 16, 2008 at 7:20 PM #223430CoronitaParticipantTheBreeze,
Speaking of whining. I recall when you use to post under alex_angel you use to whine all the time about housing affordability and SUVs.
Anyway, I think some still failed to answer my original post. If he(obama) wants to call this taxing the rich, why is obama leveling this on a household and not imposing this on $125k single incomes?
TheBreeze, assuming you make $125k above, would you mind shelling out an extra $2500 in taxes each year? Think carefully. That’s 1 less plasma tv that you just didn’t buy over Memorial Day Weekend.
June 16, 2008 at 7:20 PM #223533CoronitaParticipantTheBreeze,
Speaking of whining. I recall when you use to post under alex_angel you use to whine all the time about housing affordability and SUVs.
Anyway, I think some still failed to answer my original post. If he(obama) wants to call this taxing the rich, why is obama leveling this on a household and not imposing this on $125k single incomes?
TheBreeze, assuming you make $125k above, would you mind shelling out an extra $2500 in taxes each year? Think carefully. That’s 1 less plasma tv that you just didn’t buy over Memorial Day Weekend.
June 16, 2008 at 7:20 PM #223549CoronitaParticipantTheBreeze,
Speaking of whining. I recall when you use to post under alex_angel you use to whine all the time about housing affordability and SUVs.
Anyway, I think some still failed to answer my original post. If he(obama) wants to call this taxing the rich, why is obama leveling this on a household and not imposing this on $125k single incomes?
TheBreeze, assuming you make $125k above, would you mind shelling out an extra $2500 in taxes each year? Think carefully. That’s 1 less plasma tv that you just didn’t buy over Memorial Day Weekend.
June 16, 2008 at 7:20 PM #223578CoronitaParticipantTheBreeze,
Speaking of whining. I recall when you use to post under alex_angel you use to whine all the time about housing affordability and SUVs.
Anyway, I think some still failed to answer my original post. If he(obama) wants to call this taxing the rich, why is obama leveling this on a household and not imposing this on $125k single incomes?
TheBreeze, assuming you make $125k above, would you mind shelling out an extra $2500 in taxes each year? Think carefully. That’s 1 less plasma tv that you just didn’t buy over Memorial Day Weekend.
June 16, 2008 at 7:20 PM #223595CoronitaParticipantTheBreeze,
Speaking of whining. I recall when you use to post under alex_angel you use to whine all the time about housing affordability and SUVs.
Anyway, I think some still failed to answer my original post. If he(obama) wants to call this taxing the rich, why is obama leveling this on a household and not imposing this on $125k single incomes?
TheBreeze, assuming you make $125k above, would you mind shelling out an extra $2500 in taxes each year? Think carefully. That’s 1 less plasma tv that you just didn’t buy over Memorial Day Weekend.
June 16, 2008 at 7:23 PM #223425anParticipantHaha, I love when someone resort to name calling to get their point across and put words into people’s mouth. BTW, I’m not shedding any tears for those who bitch and whine about the injustice of how the rich keep on getting richer and won’t help themselves either. Like SDEngineer said, life’s not fair, so deal with it. If they change the rule, the rich will find ways to get richer with the new rules and those who just bitch and whine will find new things to bitch and whine about. No one is asking for your sympathy, so go cry a river for something else.
TheBreeze, you must be filthy rich for scoffing at $2500/year. FYI, $2500/year, if you take that and put it away for your child’s education fund for 18 years, @ 8%, it’ll grow to $100k. That’s 4 years of public university education right there. Sorry if some of us have to work and save for our kids’ education and don’t have $2500 to throw away. Why don’t you give me your $2500 since you think it’s so trivial.
June 16, 2008 at 7:23 PM #223528anParticipantHaha, I love when someone resort to name calling to get their point across and put words into people’s mouth. BTW, I’m not shedding any tears for those who bitch and whine about the injustice of how the rich keep on getting richer and won’t help themselves either. Like SDEngineer said, life’s not fair, so deal with it. If they change the rule, the rich will find ways to get richer with the new rules and those who just bitch and whine will find new things to bitch and whine about. No one is asking for your sympathy, so go cry a river for something else.
TheBreeze, you must be filthy rich for scoffing at $2500/year. FYI, $2500/year, if you take that and put it away for your child’s education fund for 18 years, @ 8%, it’ll grow to $100k. That’s 4 years of public university education right there. Sorry if some of us have to work and save for our kids’ education and don’t have $2500 to throw away. Why don’t you give me your $2500 since you think it’s so trivial.
June 16, 2008 at 7:23 PM #223545anParticipantHaha, I love when someone resort to name calling to get their point across and put words into people’s mouth. BTW, I’m not shedding any tears for those who bitch and whine about the injustice of how the rich keep on getting richer and won’t help themselves either. Like SDEngineer said, life’s not fair, so deal with it. If they change the rule, the rich will find ways to get richer with the new rules and those who just bitch and whine will find new things to bitch and whine about. No one is asking for your sympathy, so go cry a river for something else.
TheBreeze, you must be filthy rich for scoffing at $2500/year. FYI, $2500/year, if you take that and put it away for your child’s education fund for 18 years, @ 8%, it’ll grow to $100k. That’s 4 years of public university education right there. Sorry if some of us have to work and save for our kids’ education and don’t have $2500 to throw away. Why don’t you give me your $2500 since you think it’s so trivial.
June 16, 2008 at 7:23 PM #223577anParticipantHaha, I love when someone resort to name calling to get their point across and put words into people’s mouth. BTW, I’m not shedding any tears for those who bitch and whine about the injustice of how the rich keep on getting richer and won’t help themselves either. Like SDEngineer said, life’s not fair, so deal with it. If they change the rule, the rich will find ways to get richer with the new rules and those who just bitch and whine will find new things to bitch and whine about. No one is asking for your sympathy, so go cry a river for something else.
TheBreeze, you must be filthy rich for scoffing at $2500/year. FYI, $2500/year, if you take that and put it away for your child’s education fund for 18 years, @ 8%, it’ll grow to $100k. That’s 4 years of public university education right there. Sorry if some of us have to work and save for our kids’ education and don’t have $2500 to throw away. Why don’t you give me your $2500 since you think it’s so trivial.
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