TAX TAX TAX and more TAX

[surveyor]

[quote=SK in CV]You know surveyor, I agree with you. And that kind of makes my point. And despite Dick Armey’s assertion, the few voices on the right that did step up and criticize the spending never got much traction. They were never in revolt. He wasn’t in revolt. Armey, through his Freedomworks, was a primary organizer of the Tea Party movement,[/quote]

There was a revolt. Why do you think the Democrats were able to get majorities in both houses of Congress? Because the conservatives stayed home instead of voting for the Republicans or going to bat for them. There wasn’t a lot of interest of trying to raise money for Republicans if they weren’t going to listen.

Yes, in a lot of ways, the Tea Party members are taking a different approach, because they not part of Obama’s natural constituency. They know Obama, the Democrats, and even the Republican party are not willing to listen to them. And so they have to make their voices heard more forcefully. They already tried to make their voices heard within the system and that didn’t work.

And for that they are vilified as racists and hate-mongers.

[Ricechex]

Regarding having 2 jobs and taxes, I cannot quite understand the tax system on this one. As SD Realtor, I have 1 full time job and 1 part time job.

As explained to me by my accountant:
The first job (full time) eats up the lower tax rate. Somehow, I pay 40% taxes on the second lower earning job.

Hypothetically, if I got a raise at the full time job to equal the gross earnings of the part time job, then my full time tax bracket might increase, but not to 40%.

So, unless the second job pays really well, it may not be worth the time/effort.

[Ricechex]

Regarding having 2 jobs and taxes, I cannot quite understand the tax system on this one. As SD Realtor, I have 1 full time job and 1 part time job.

As explained to me by my accountant:
The first job (full time) eats up the lower tax rate. Somehow, I pay 40% taxes on the second lower earning job.

Hypothetically, if I got a raise at the full time job to equal the gross earnings of the part time job, then my full time tax bracket might increase, but not to 40%.

So, unless the second job pays really well, it may not be worth the time/effort.

[Ricechex]

Regarding having 2 jobs and taxes, I cannot quite understand the tax system on this one. As SD Realtor, I have 1 full time job and 1 part time job.

As explained to me by my accountant:
The first job (full time) eats up the lower tax rate. Somehow, I pay 40% taxes on the second lower earning job.

Hypothetically, if I got a raise at the full time job to equal the gross earnings of the part time job, then my full time tax bracket might increase, but not to 40%.

So, unless the second job pays really well, it may not be worth the time/effort.

[Ricechex]

Regarding having 2 jobs and taxes, I cannot quite understand the tax system on this one. As SD Realtor, I have 1 full time job and 1 part time job.

As explained to me by my accountant:
The first job (full time) eats up the lower tax rate. Somehow, I pay 40% taxes on the second lower earning job.

Hypothetically, if I got a raise at the full time job to equal the gross earnings of the part time job, then my full time tax bracket might increase, but not to 40%.

So, unless the second job pays really well, it may not be worth the time/effort.

[Ricechex]

Regarding having 2 jobs and taxes, I cannot quite understand the tax system on this one. As SD Realtor, I have 1 full time job and 1 part time job.

As explained to me by my accountant:
The first job (full time) eats up the lower tax rate. Somehow, I pay 40% taxes on the second lower earning job.

Hypothetically, if I got a raise at the full time job to equal the gross earnings of the part time job, then my full time tax bracket might increase, but not to 40%.

So, unless the second job pays really well, it may not be worth the time/effort.

[svelte]

I can’t help but wonder if this VAT thing is coming up to allow Congress members who are up for re-election this fall a chance to look tough on taxes.

I can just hear it now…

Obama: Look, I’ll appear to open the door on VAT and you guys slam it shut.

Congress: Great idea! Then we can advertise that we opposed the VAT! We’re tax-fighters!

[svelte]

I can’t help but wonder if this VAT thing is coming up to allow Congress members who are up for re-election this fall a chance to look tough on taxes.

I can just hear it now…

Obama: Look, I’ll appear to open the door on VAT and you guys slam it shut.

Congress: Great idea! Then we can advertise that we opposed the VAT! We’re tax-fighters!

[svelte]

I can’t help but wonder if this VAT thing is coming up to allow Congress members who are up for re-election this fall a chance to look tough on taxes.

I can just hear it now…

Obama: Look, I’ll appear to open the door on VAT and you guys slam it shut.

Congress: Great idea! Then we can advertise that we opposed the VAT! We’re tax-fighters!

[svelte]

I can’t help but wonder if this VAT thing is coming up to allow Congress members who are up for re-election this fall a chance to look tough on taxes.

I can just hear it now…

Obama: Look, I’ll appear to open the door on VAT and you guys slam it shut.

Congress: Great idea! Then we can advertise that we opposed the VAT! We’re tax-fighters!

[svelte]

I can’t help but wonder if this VAT thing is coming up to allow Congress members who are up for re-election this fall a chance to look tough on taxes.

I can just hear it now…

Obama: Look, I’ll appear to open the door on VAT and you guys slam it shut.

Congress: Great idea! Then we can advertise that we opposed the VAT! We’re tax-fighters!

[Aecetia]

The VAT is because of the burgeoning deficit. It could be to reassure people that they have to do something about debt besides print more money and/ or devalue the dollar. I think these are trial balloons at this point. The Europhiles are all over it.

[Aecetia]

The VAT is because of the burgeoning deficit. It could be to reassure people that they have to do something about debt besides print more money and/ or devalue the dollar. I think these are trial balloons at this point. The Europhiles are all over it.

[Aecetia]

The VAT is because of the burgeoning deficit. It could be to reassure people that they have to do something about debt besides print more money and/ or devalue the dollar. I think these are trial balloons at this point. The Europhiles are all over it.

[Aecetia]

The VAT is because of the burgeoning deficit. It could be to reassure people that they have to do something about debt besides print more money and/ or devalue the dollar. I think these are trial balloons at this point. The Europhiles are all over it.

[Author]

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