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November 4, 2008 at 8:10 AM in reply to: Stock market set to rocket on prospects of Obama Presidency (up 250 points already) #298424November 4, 2008 at 8:10 AM in reply to: Stock market set to rocket on prospects of Obama Presidency (up 250 points already) #298471
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ParticipantDon’t worry Breeze. If you were to make any money on any rebound in the stock market, it will be nicely taxed once you exceed $250k a year. And if it doesn’t push you over $250k, well it’s not really significant to be worth talking about, especially not enough to offset your 201k.
Remember that we have progressive taxation. So, let’s say you go from a $250K to a $300K TAXABLE INCOME (after mortgage interest deduction, business expenses, 401K contributions, etc…). Under Obama’s plan you will pay an additional 3% (from 36% to 39%) on that 50K ONLY. That works out to an additional $1500. Somehow I don’t think people are going to stop trying to earn more money just to avoid paying that small amount of extra tax.
And as I’ve said before on this board, if you have $250K annual TAXABLE INCOME (not gross), you are doing allright and I’m not gonna worry about you.
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ParticipantThe news has been running lots of stories lately about why exit polls are inaccurate. Never mind the fact that they are the standard for monitoring election fairness in countries around the world. Just know that they are inaccurate and not to be trusted, unlike the electronic machines of course which can never be wrong, because they’re — ummm, electronic, yeah that’s why.
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ParticipantThe news has been running lots of stories lately about why exit polls are inaccurate. Never mind the fact that they are the standard for monitoring election fairness in countries around the world. Just know that they are inaccurate and not to be trusted, unlike the electronic machines of course which can never be wrong, because they’re — ummm, electronic, yeah that’s why.
blahblahblah
ParticipantThe news has been running lots of stories lately about why exit polls are inaccurate. Never mind the fact that they are the standard for monitoring election fairness in countries around the world. Just know that they are inaccurate and not to be trusted, unlike the electronic machines of course which can never be wrong, because they’re — ummm, electronic, yeah that’s why.
blahblahblah
ParticipantThe news has been running lots of stories lately about why exit polls are inaccurate. Never mind the fact that they are the standard for monitoring election fairness in countries around the world. Just know that they are inaccurate and not to be trusted, unlike the electronic machines of course which can never be wrong, because they’re — ummm, electronic, yeah that’s why.
blahblahblah
ParticipantThe news has been running lots of stories lately about why exit polls are inaccurate. Never mind the fact that they are the standard for monitoring election fairness in countries around the world. Just know that they are inaccurate and not to be trusted, unlike the electronic machines of course which can never be wrong, because they’re — ummm, electronic, yeah that’s why.
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ParticipantHow come none of the major Obama supporter on this board are able to communicate their point without cussing and name calling?
I’m not a major Obama supporter but given the choice between him and McCain I’ll choose Obama. Barr has good stands on most of the issues but I don’t think I could live with myself if McCain won because too many indepenents voted 3rd party. 2000 was bad enough.
As for why we curse and call names it is simply because we are frustrated and angry with these ridiculous divisive tactics and false arguments, like the one you posted. Sure, you will get a $200 larger tax cut under McCain, but at what expense? A good chance of losing your employer-provided health care, for one. If you don’t want to have cussing and name calling then use geniune arguments, not phony ones. And do a little thinking before you post. Yes, those families do receive a whopping 200 additional bucks in their tax cut but they are likely to be worse off. I’m sure most of the people that post this stuff realize this but they choose to omit it because it doesn’t help their argument.
Also I wasn’t calling YOU a dummy, but rather I was calling everyone who would be swayed by your SILLY, DISINGENUOUS argument a dummy. If you’re on this board, you’re probably like the rest of us and you pay off your credit cards in full every month, you have a good paying job, and you save a ton of money (yet we STILL can’t afford to buy the house we want — go figure). There are no dummies on this board, but there are people who are using and repeating arguments designed to influence dummies. And that makes some of us F***ING ANGRY.
blahblahblah
ParticipantHow come none of the major Obama supporter on this board are able to communicate their point without cussing and name calling?
I’m not a major Obama supporter but given the choice between him and McCain I’ll choose Obama. Barr has good stands on most of the issues but I don’t think I could live with myself if McCain won because too many indepenents voted 3rd party. 2000 was bad enough.
As for why we curse and call names it is simply because we are frustrated and angry with these ridiculous divisive tactics and false arguments, like the one you posted. Sure, you will get a $200 larger tax cut under McCain, but at what expense? A good chance of losing your employer-provided health care, for one. If you don’t want to have cussing and name calling then use geniune arguments, not phony ones. And do a little thinking before you post. Yes, those families do receive a whopping 200 additional bucks in their tax cut but they are likely to be worse off. I’m sure most of the people that post this stuff realize this but they choose to omit it because it doesn’t help their argument.
Also I wasn’t calling YOU a dummy, but rather I was calling everyone who would be swayed by your SILLY, DISINGENUOUS argument a dummy. If you’re on this board, you’re probably like the rest of us and you pay off your credit cards in full every month, you have a good paying job, and you save a ton of money (yet we STILL can’t afford to buy the house we want — go figure). There are no dummies on this board, but there are people who are using and repeating arguments designed to influence dummies. And that makes some of us F***ING ANGRY.
blahblahblah
ParticipantHow come none of the major Obama supporter on this board are able to communicate their point without cussing and name calling?
I’m not a major Obama supporter but given the choice between him and McCain I’ll choose Obama. Barr has good stands on most of the issues but I don’t think I could live with myself if McCain won because too many indepenents voted 3rd party. 2000 was bad enough.
As for why we curse and call names it is simply because we are frustrated and angry with these ridiculous divisive tactics and false arguments, like the one you posted. Sure, you will get a $200 larger tax cut under McCain, but at what expense? A good chance of losing your employer-provided health care, for one. If you don’t want to have cussing and name calling then use geniune arguments, not phony ones. And do a little thinking before you post. Yes, those families do receive a whopping 200 additional bucks in their tax cut but they are likely to be worse off. I’m sure most of the people that post this stuff realize this but they choose to omit it because it doesn’t help their argument.
Also I wasn’t calling YOU a dummy, but rather I was calling everyone who would be swayed by your SILLY, DISINGENUOUS argument a dummy. If you’re on this board, you’re probably like the rest of us and you pay off your credit cards in full every month, you have a good paying job, and you save a ton of money (yet we STILL can’t afford to buy the house we want — go figure). There are no dummies on this board, but there are people who are using and repeating arguments designed to influence dummies. And that makes some of us F***ING ANGRY.
blahblahblah
ParticipantHow come none of the major Obama supporter on this board are able to communicate their point without cussing and name calling?
I’m not a major Obama supporter but given the choice between him and McCain I’ll choose Obama. Barr has good stands on most of the issues but I don’t think I could live with myself if McCain won because too many indepenents voted 3rd party. 2000 was bad enough.
As for why we curse and call names it is simply because we are frustrated and angry with these ridiculous divisive tactics and false arguments, like the one you posted. Sure, you will get a $200 larger tax cut under McCain, but at what expense? A good chance of losing your employer-provided health care, for one. If you don’t want to have cussing and name calling then use geniune arguments, not phony ones. And do a little thinking before you post. Yes, those families do receive a whopping 200 additional bucks in their tax cut but they are likely to be worse off. I’m sure most of the people that post this stuff realize this but they choose to omit it because it doesn’t help their argument.
Also I wasn’t calling YOU a dummy, but rather I was calling everyone who would be swayed by your SILLY, DISINGENUOUS argument a dummy. If you’re on this board, you’re probably like the rest of us and you pay off your credit cards in full every month, you have a good paying job, and you save a ton of money (yet we STILL can’t afford to buy the house we want — go figure). There are no dummies on this board, but there are people who are using and repeating arguments designed to influence dummies. And that makes some of us F***ING ANGRY.
blahblahblah
ParticipantHow come none of the major Obama supporter on this board are able to communicate their point without cussing and name calling?
I’m not a major Obama supporter but given the choice between him and McCain I’ll choose Obama. Barr has good stands on most of the issues but I don’t think I could live with myself if McCain won because too many indepenents voted 3rd party. 2000 was bad enough.
As for why we curse and call names it is simply because we are frustrated and angry with these ridiculous divisive tactics and false arguments, like the one you posted. Sure, you will get a $200 larger tax cut under McCain, but at what expense? A good chance of losing your employer-provided health care, for one. If you don’t want to have cussing and name calling then use geniune arguments, not phony ones. And do a little thinking before you post. Yes, those families do receive a whopping 200 additional bucks in their tax cut but they are likely to be worse off. I’m sure most of the people that post this stuff realize this but they choose to omit it because it doesn’t help their argument.
Also I wasn’t calling YOU a dummy, but rather I was calling everyone who would be swayed by your SILLY, DISINGENUOUS argument a dummy. If you’re on this board, you’re probably like the rest of us and you pay off your credit cards in full every month, you have a good paying job, and you save a ton of money (yet we STILL can’t afford to buy the house we want — go figure). There are no dummies on this board, but there are people who are using and repeating arguments designed to influence dummies. And that makes some of us F***ING ANGRY.
blahblahblah
ParticipantWow AN, thanks for the link! Families making between $66K-$112K of TAXABLE INCOME (after deductions, 401K contributions, etc…) will receive a WHOPPING $223 more per year under McCain’s plan than Obama’s! That will go a long way towards making up the difference once our employers S***CAN OUR F***ING HEALTH INSURANCE after his hare-brained scheme to tax employers on healthcare benefits goes into effect. Of course he’s going to give us all a $5K tax credit to purchase our own health insurance. I’m sure that will go great for one of my relatives that is a type 1 diabetic and is totally uninsurable thanks to his unlucky draw in the DNA lottery. Without employer health insurance he is F***ED and so you will everyone that has ever had cancer, heart disease, or basically anything other than a cough. I had to get my own health insurance a few years back when I quit the corporate world and started my own business, and take it from me, it ain’t easy — and I’m healthy!
So yeah vote for McCain all you dummies. You’ll get an extra couple of hundred bucks a year that you can use to pay the interest on your CC bill after all those jetskis and crap you bought the last 8 years. Now if you’ll excuse me I’m gonna have to go vomit because this whole discussion is making me ill…
blahblahblah
ParticipantWow AN, thanks for the link! Families making between $66K-$112K of TAXABLE INCOME (after deductions, 401K contributions, etc…) will receive a WHOPPING $223 more per year under McCain’s plan than Obama’s! That will go a long way towards making up the difference once our employers S***CAN OUR F***ING HEALTH INSURANCE after his hare-brained scheme to tax employers on healthcare benefits goes into effect. Of course he’s going to give us all a $5K tax credit to purchase our own health insurance. I’m sure that will go great for one of my relatives that is a type 1 diabetic and is totally uninsurable thanks to his unlucky draw in the DNA lottery. Without employer health insurance he is F***ED and so you will everyone that has ever had cancer, heart disease, or basically anything other than a cough. I had to get my own health insurance a few years back when I quit the corporate world and started my own business, and take it from me, it ain’t easy — and I’m healthy!
So yeah vote for McCain all you dummies. You’ll get an extra couple of hundred bucks a year that you can use to pay the interest on your CC bill after all those jetskis and crap you bought the last 8 years. Now if you’ll excuse me I’m gonna have to go vomit because this whole discussion is making me ill…
blahblahblah
ParticipantWow AN, thanks for the link! Families making between $66K-$112K of TAXABLE INCOME (after deductions, 401K contributions, etc…) will receive a WHOPPING $223 more per year under McCain’s plan than Obama’s! That will go a long way towards making up the difference once our employers S***CAN OUR F***ING HEALTH INSURANCE after his hare-brained scheme to tax employers on healthcare benefits goes into effect. Of course he’s going to give us all a $5K tax credit to purchase our own health insurance. I’m sure that will go great for one of my relatives that is a type 1 diabetic and is totally uninsurable thanks to his unlucky draw in the DNA lottery. Without employer health insurance he is F***ED and so you will everyone that has ever had cancer, heart disease, or basically anything other than a cough. I had to get my own health insurance a few years back when I quit the corporate world and started my own business, and take it from me, it ain’t easy — and I’m healthy!
So yeah vote for McCain all you dummies. You’ll get an extra couple of hundred bucks a year that you can use to pay the interest on your CC bill after all those jetskis and crap you bought the last 8 years. Now if you’ll excuse me I’m gonna have to go vomit because this whole discussion is making me ill…
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