OT – Inside Obama’s “Tax Cut” Can you say Redistribution!

[Allan from Fallbrook]

Duke: The appointment of Sarah Palin should dispel any and all doubts as to the intentions of the Republican Party. That was pandering, pure and simple, and any attempts to claim otherwise is bulls**t.

The stalwarts of the Right are making no attempt to dress that move up as anything other than what it is, a shameless ploy to garner what now constitutes the “loyalist” vote for the GOP: un- or under-educated evangelicals who will blindly do as they’re told by a political machine built to maintain nothing other than power.

This isn’t Reagan’s party; it isn’t Goldwater’s party; s**t it ain’t even Nixon or Ford’s party.

I won’t be voting for either of these two clowns come November.

I agree with Gandalf’s sentiment that we have entered a new and dangerous phase in our history and we need to move past “wedge issues” and the “culture wars” and “identity politics” and realize that we are standing on the edge of the abyss.

[an]

[quote=TheBreeze]
Whether the fat cats can get around Obama’s tax increases will depend on whether Congress goes the extra step and closes any loopholes.

The concept is pretty simple: Anything someone receives for doing work should be taxed as income. This includes stock. Stock options should be taxed as income when they are exercised. All income above $250K should be subject to the Social Security and Medicare payroll taxes.

The capital gains rate should also increase for those with income+capital gains exceeding $250K. Perhaps the easiest thing to do would be to make the fat cats capital gains tax rate equal to their income tax rate.

In any event, all the loopholes mentioned above can be closed. Hopefully a Democratic President with a Democratic Congress will actually close the loopholes. All it would take is some legislation that Obama could sign into law. [/quote]
Our tax system have so many wholes because it was written by the rich for the rich. You don’t truly believe these fat cats in Washington actually care about you, do you? Who are you to draw $250k as rich? Why not $150k? that’s a lot more than 85% of Americans. If you want to reward work, then stop rewarding people who don’t work. Why would they work if they’re getting rewarding for not working? A guy who’s on welfare and who would get all these extra tax credit from Obama wouldn’t want to get off his ass and get a minimum wage job to end up w/ less than what he gets for doing nothing.

I’m all for closing all the tax loop holes and make everyone pay their fair share, including all those people who don’t have a job and are on welfare. They can do community service and such to EARN their welfare. I just don’t see it happening. You can try and prove me wrong, but asking me to put my trust in a guy I don’t know… well, I’ll just have to say “In God I trust, everyone else, bring data”.

[an]

[quote=TheBreeze]
Whether the fat cats can get around Obama’s tax increases will depend on whether Congress goes the extra step and closes any loopholes.

The concept is pretty simple: Anything someone receives for doing work should be taxed as income. This includes stock. Stock options should be taxed as income when they are exercised. All income above $250K should be subject to the Social Security and Medicare payroll taxes.

The capital gains rate should also increase for those with income+capital gains exceeding $250K. Perhaps the easiest thing to do would be to make the fat cats capital gains tax rate equal to their income tax rate.

In any event, all the loopholes mentioned above can be closed. Hopefully a Democratic President with a Democratic Congress will actually close the loopholes. All it would take is some legislation that Obama could sign into law. [/quote]
Our tax system have so many wholes because it was written by the rich for the rich. You don’t truly believe these fat cats in Washington actually care about you, do you? Who are you to draw $250k as rich? Why not $150k? that’s a lot more than 85% of Americans. If you want to reward work, then stop rewarding people who don’t work. Why would they work if they’re getting rewarding for not working? A guy who’s on welfare and who would get all these extra tax credit from Obama wouldn’t want to get off his ass and get a minimum wage job to end up w/ less than what he gets for doing nothing.

I’m all for closing all the tax loop holes and make everyone pay their fair share, including all those people who don’t have a job and are on welfare. They can do community service and such to EARN their welfare. I just don’t see it happening. You can try and prove me wrong, but asking me to put my trust in a guy I don’t know… well, I’ll just have to say “In God I trust, everyone else, bring data”.

[an]

[quote=TheBreeze]
Whether the fat cats can get around Obama’s tax increases will depend on whether Congress goes the extra step and closes any loopholes.

The concept is pretty simple: Anything someone receives for doing work should be taxed as income. This includes stock. Stock options should be taxed as income when they are exercised. All income above $250K should be subject to the Social Security and Medicare payroll taxes.

The capital gains rate should also increase for those with income+capital gains exceeding $250K. Perhaps the easiest thing to do would be to make the fat cats capital gains tax rate equal to their income tax rate.

In any event, all the loopholes mentioned above can be closed. Hopefully a Democratic President with a Democratic Congress will actually close the loopholes. All it would take is some legislation that Obama could sign into law. [/quote]
Our tax system have so many wholes because it was written by the rich for the rich. You don’t truly believe these fat cats in Washington actually care about you, do you? Who are you to draw $250k as rich? Why not $150k? that’s a lot more than 85% of Americans. If you want to reward work, then stop rewarding people who don’t work. Why would they work if they’re getting rewarding for not working? A guy who’s on welfare and who would get all these extra tax credit from Obama wouldn’t want to get off his ass and get a minimum wage job to end up w/ less than what he gets for doing nothing.

I’m all for closing all the tax loop holes and make everyone pay their fair share, including all those people who don’t have a job and are on welfare. They can do community service and such to EARN their welfare. I just don’t see it happening. You can try and prove me wrong, but asking me to put my trust in a guy I don’t know… well, I’ll just have to say “In God I trust, everyone else, bring data”.

[an]

[quote=TheBreeze]
Whether the fat cats can get around Obama’s tax increases will depend on whether Congress goes the extra step and closes any loopholes.

The concept is pretty simple: Anything someone receives for doing work should be taxed as income. This includes stock. Stock options should be taxed as income when they are exercised. All income above $250K should be subject to the Social Security and Medicare payroll taxes.

The capital gains rate should also increase for those with income+capital gains exceeding $250K. Perhaps the easiest thing to do would be to make the fat cats capital gains tax rate equal to their income tax rate.

In any event, all the loopholes mentioned above can be closed. Hopefully a Democratic President with a Democratic Congress will actually close the loopholes. All it would take is some legislation that Obama could sign into law. [/quote]
Our tax system have so many wholes because it was written by the rich for the rich. You don’t truly believe these fat cats in Washington actually care about you, do you? Who are you to draw $250k as rich? Why not $150k? that’s a lot more than 85% of Americans. If you want to reward work, then stop rewarding people who don’t work. Why would they work if they’re getting rewarding for not working? A guy who’s on welfare and who would get all these extra tax credit from Obama wouldn’t want to get off his ass and get a minimum wage job to end up w/ less than what he gets for doing nothing.

I’m all for closing all the tax loop holes and make everyone pay their fair share, including all those people who don’t have a job and are on welfare. They can do community service and such to EARN their welfare. I just don’t see it happening. You can try and prove me wrong, but asking me to put my trust in a guy I don’t know… well, I’ll just have to say “In God I trust, everyone else, bring data”.

[an]

[quote=TheBreeze]
Whether the fat cats can get around Obama’s tax increases will depend on whether Congress goes the extra step and closes any loopholes.

The concept is pretty simple: Anything someone receives for doing work should be taxed as income. This includes stock. Stock options should be taxed as income when they are exercised. All income above $250K should be subject to the Social Security and Medicare payroll taxes.

The capital gains rate should also increase for those with income+capital gains exceeding $250K. Perhaps the easiest thing to do would be to make the fat cats capital gains tax rate equal to their income tax rate.

In any event, all the loopholes mentioned above can be closed. Hopefully a Democratic President with a Democratic Congress will actually close the loopholes. All it would take is some legislation that Obama could sign into law. [/quote]
Our tax system have so many wholes because it was written by the rich for the rich. You don’t truly believe these fat cats in Washington actually care about you, do you? Who are you to draw $250k as rich? Why not $150k? that’s a lot more than 85% of Americans. If you want to reward work, then stop rewarding people who don’t work. Why would they work if they’re getting rewarding for not working? A guy who’s on welfare and who would get all these extra tax credit from Obama wouldn’t want to get off his ass and get a minimum wage job to end up w/ less than what he gets for doing nothing.

I’m all for closing all the tax loop holes and make everyone pay their fair share, including all those people who don’t have a job and are on welfare. They can do community service and such to EARN their welfare. I just don’t see it happening. You can try and prove me wrong, but asking me to put my trust in a guy I don’t know… well, I’ll just have to say “In God I trust, everyone else, bring data”.

[gandalf]

AFF dude, you can say “bullshit” here. Ya’ don’t have to bl**p it out… fer chris’ sake. I know this is Piggs and all, but all this Queen’s English makes me feel like a total gutter urchin when I occasionally (and only occasionally) drop the f-bomb.

So what’s the deal, anyway? You’re a 7-11 robbing Raiders fan, but you can’t curse or the nuns take away your Volvo?

Nice wheels, BTW. 😉

Best,
G

[gandalf]

AFF dude, you can say “bullshit” here. Ya’ don’t have to bl**p it out… fer chris’ sake. I know this is Piggs and all, but all this Queen’s English makes me feel like a total gutter urchin when I occasionally (and only occasionally) drop the f-bomb.

So what’s the deal, anyway? You’re a 7-11 robbing Raiders fan, but you can’t curse or the nuns take away your Volvo?

Nice wheels, BTW. 😉

Best,
G

[gandalf]

AFF dude, you can say “bullshit” here. Ya’ don’t have to bl**p it out… fer chris’ sake. I know this is Piggs and all, but all this Queen’s English makes me feel like a total gutter urchin when I occasionally (and only occasionally) drop the f-bomb.

So what’s the deal, anyway? You’re a 7-11 robbing Raiders fan, but you can’t curse or the nuns take away your Volvo?

Nice wheels, BTW. 😉

Best,
G

[gandalf]

AFF dude, you can say “bullshit” here. Ya’ don’t have to bl**p it out… fer chris’ sake. I know this is Piggs and all, but all this Queen’s English makes me feel like a total gutter urchin when I occasionally (and only occasionally) drop the f-bomb.

So what’s the deal, anyway? You’re a 7-11 robbing Raiders fan, but you can’t curse or the nuns take away your Volvo?

Nice wheels, BTW. 😉

Best,
G

[gandalf]

AFF dude, you can say “bullshit” here. Ya’ don’t have to bl**p it out… fer chris’ sake. I know this is Piggs and all, but all this Queen’s English makes me feel like a total gutter urchin when I occasionally (and only occasionally) drop the f-bomb.

So what’s the deal, anyway? You’re a 7-11 robbing Raiders fan, but you can’t curse or the nuns take away your Volvo?

Nice wheels, BTW. 😉

Best,
G

[Allan from Fallbrook]

Gandalf: Are you insane? Mess with me; mess with the Raiders; mess with Volvo Corporation, but for God’s sake, don’t mess with the nuns!

BTW, who is Chris and why are we invoking his name?

I’ll work on the expletives.

Bullshit.

There, I said it.

[Allan from Fallbrook]

Gandalf: Are you insane? Mess with me; mess with the Raiders; mess with Volvo Corporation, but for God’s sake, don’t mess with the nuns!

BTW, who is Chris and why are we invoking his name?

I’ll work on the expletives.

Bullshit.

There, I said it.

[Allan from Fallbrook]

Gandalf: Are you insane? Mess with me; mess with the Raiders; mess with Volvo Corporation, but for God’s sake, don’t mess with the nuns!

BTW, who is Chris and why are we invoking his name?

I’ll work on the expletives.

Bullshit.

There, I said it.

[Allan from Fallbrook]

Gandalf: Are you insane? Mess with me; mess with the Raiders; mess with Volvo Corporation, but for God’s sake, don’t mess with the nuns!

BTW, who is Chris and why are we invoking his name?

I’ll work on the expletives.

Bullshit.

There, I said it.

[Author]

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