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April 15, 2009 at 4:17 PM #382068April 15, 2009 at 4:23 PM #382026CoronitaParticipant
[quote=afx114][quote=barnaby33]I didn’t say they weren’t higher in the past. Just that they won’t be lower in the future.[/quote]
That’s only true if you make over $250k/year. If so, congrats to you!
[/quote]Not necessarily.
*Tax on dividend income for instance is at the lowest right now for everyone (15%). Doubt it will remain like that….Oh well.
*Obama’s administration is also contemplating change the deductions for mortgage interest deductions. Still depends on what the cutoff will be.
*I believe Obama is also thinking about removing the cap on Social Security tax for unspecified folks, in certain income brackets… (This isn’t a rich CEO tax per say, because CEO’s with a “$0″salary don’t pay SS taxes :)…Just kidding. ) That *may* impact folks who make far less than that $250k limit, depending on where the cutoff is.
April 15, 2009 at 4:23 PM #381564CoronitaParticipant[quote=afx114][quote=barnaby33]I didn’t say they weren’t higher in the past. Just that they won’t be lower in the future.[/quote]
That’s only true if you make over $250k/year. If so, congrats to you!
[/quote]Not necessarily.
*Tax on dividend income for instance is at the lowest right now for everyone (15%). Doubt it will remain like that….Oh well.
*Obama’s administration is also contemplating change the deductions for mortgage interest deductions. Still depends on what the cutoff will be.
*I believe Obama is also thinking about removing the cap on Social Security tax for unspecified folks, in certain income brackets… (This isn’t a rich CEO tax per say, because CEO’s with a “$0″salary don’t pay SS taxes :)…Just kidding. ) That *may* impact folks who make far less than that $250k limit, depending on where the cutoff is.
April 15, 2009 at 4:23 PM #382073CoronitaParticipant[quote=afx114][quote=barnaby33]I didn’t say they weren’t higher in the past. Just that they won’t be lower in the future.[/quote]
That’s only true if you make over $250k/year. If so, congrats to you!
[/quote]Not necessarily.
*Tax on dividend income for instance is at the lowest right now for everyone (15%). Doubt it will remain like that….Oh well.
*Obama’s administration is also contemplating change the deductions for mortgage interest deductions. Still depends on what the cutoff will be.
*I believe Obama is also thinking about removing the cap on Social Security tax for unspecified folks, in certain income brackets… (This isn’t a rich CEO tax per say, because CEO’s with a “$0″salary don’t pay SS taxes :)…Just kidding. ) That *may* impact folks who make far less than that $250k limit, depending on where the cutoff is.
April 15, 2009 at 4:23 PM #381835CoronitaParticipant[quote=afx114][quote=barnaby33]I didn’t say they weren’t higher in the past. Just that they won’t be lower in the future.[/quote]
That’s only true if you make over $250k/year. If so, congrats to you!
[/quote]Not necessarily.
*Tax on dividend income for instance is at the lowest right now for everyone (15%). Doubt it will remain like that….Oh well.
*Obama’s administration is also contemplating change the deductions for mortgage interest deductions. Still depends on what the cutoff will be.
*I believe Obama is also thinking about removing the cap on Social Security tax for unspecified folks, in certain income brackets… (This isn’t a rich CEO tax per say, because CEO’s with a “$0″salary don’t pay SS taxes :)…Just kidding. ) That *may* impact folks who make far less than that $250k limit, depending on where the cutoff is.
April 15, 2009 at 4:23 PM #382203CoronitaParticipant[quote=afx114][quote=barnaby33]I didn’t say they weren’t higher in the past. Just that they won’t be lower in the future.[/quote]
That’s only true if you make over $250k/year. If so, congrats to you!
[/quote]Not necessarily.
*Tax on dividend income for instance is at the lowest right now for everyone (15%). Doubt it will remain like that….Oh well.
*Obama’s administration is also contemplating change the deductions for mortgage interest deductions. Still depends on what the cutoff will be.
*I believe Obama is also thinking about removing the cap on Social Security tax for unspecified folks, in certain income brackets… (This isn’t a rich CEO tax per say, because CEO’s with a “$0″salary don’t pay SS taxes :)…Just kidding. ) That *may* impact folks who make far less than that $250k limit, depending on where the cutoff is.
April 15, 2009 at 4:28 PM #381845CoronitaParticipantSpeaking of spreading the wealth….
The obama’s…How about spreading some of the wealth….
http://finance.yahoo.com/news/Obamas-made-27-million-last-apf-14939570.html
Obama’s made $2.7 million last year. Of which, they paid taxes about 30% and donated $172k. Not bad….Fairly generous. At least they aren’t hypocrites in this respect.
April 15, 2009 at 4:28 PM #381574CoronitaParticipantSpeaking of spreading the wealth….
The obama’s…How about spreading some of the wealth….
http://finance.yahoo.com/news/Obamas-made-27-million-last-apf-14939570.html
Obama’s made $2.7 million last year. Of which, they paid taxes about 30% and donated $172k. Not bad….Fairly generous. At least they aren’t hypocrites in this respect.
April 15, 2009 at 4:28 PM #382213CoronitaParticipantSpeaking of spreading the wealth….
The obama’s…How about spreading some of the wealth….
http://finance.yahoo.com/news/Obamas-made-27-million-last-apf-14939570.html
Obama’s made $2.7 million last year. Of which, they paid taxes about 30% and donated $172k. Not bad….Fairly generous. At least they aren’t hypocrites in this respect.
April 15, 2009 at 4:28 PM #382036CoronitaParticipantSpeaking of spreading the wealth….
The obama’s…How about spreading some of the wealth….
http://finance.yahoo.com/news/Obamas-made-27-million-last-apf-14939570.html
Obama’s made $2.7 million last year. Of which, they paid taxes about 30% and donated $172k. Not bad….Fairly generous. At least they aren’t hypocrites in this respect.
April 15, 2009 at 4:28 PM #382083CoronitaParticipantSpeaking of spreading the wealth….
The obama’s…How about spreading some of the wealth….
http://finance.yahoo.com/news/Obamas-made-27-million-last-apf-14939570.html
Obama’s made $2.7 million last year. Of which, they paid taxes about 30% and donated $172k. Not bad….Fairly generous. At least they aren’t hypocrites in this respect.
April 15, 2009 at 4:57 PM #382223afx114ParticipantAre there a lot of people making less than $250k/year who make a lot of money from capital gains?
April 15, 2009 at 4:57 PM #381855afx114ParticipantAre there a lot of people making less than $250k/year who make a lot of money from capital gains?
April 15, 2009 at 4:57 PM #382092afx114ParticipantAre there a lot of people making less than $250k/year who make a lot of money from capital gains?
April 15, 2009 at 4:57 PM #381584afx114ParticipantAre there a lot of people making less than $250k/year who make a lot of money from capital gains?
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