168 Republicans voted to raise your taxes!

[Article 15]

if that were the case, why would people close to the next bracket do everything they can to avoid going into it

you are wrong

Dude, I'm right. Look it up how our tax brackets work. Everyone is taxed the same on the same income earned. The tax increase for is only for income earned over 250k. The first 250k is taxed just like the rest of us.

that is not how it is
you go into the next bracket, your entire income is taxed at that rate

LMAO

Not it's not. Whoever told you that is lying.

 

[Article 15]

Wrong, the Dems in the House only want the tax to remain the same for those making 250000 or less. MORON.

Which means that everybody, MORON, gets the tax cut up to 250k ... even those making more than it.

Once again for the terminally stupid. That means if they do not make permanent or extend all the taxes as now that those making more then 250000 pay MORE starting next year. A higher percent. Every dollar over that mark goes into a higher bracket.

But you already know that and are trying to confuse the gullible.

They get the same tax cut everybody else gets up to 250k. Everyone still gets a tax cut, including +250k earners, and that's a fact, Jack.

 

[xotoxi]

if that were the case, why would people close to the next bracket do everything they can to avoid going into it

you are wrong

Dude, I'm right. Look it up how our tax brackets work. Everyone is taxed the same on the same income earned. The tax increase for is only for income earned over 250k. The first 250k is taxed just like the rest of us.

that is not how it is
you go into the next bracket, your entire income is taxed at that rate

Tax Brackets (Federal Income Tax Rates) 2000 through 2009 and 2010

To take an example, suppose your taxable income (after deductions and exemptions) was exactly $100,000 in 2008 and your status was Married filing separately; then your tax would be calculated like this:

($ 8,025 minus 0 ) x .10 : $ 802.50
( 32,550 minus 8,025 ) x .15 : 3,678.75
( 65,725 minus 32,550 ) x .25 : 8,293.75
(100,000 minus 65,725 ) x .28 : 9,597.00
Total: $ 22,372.00

This puts you in the 28% tax bracket, since that's the highest rate applied to any of your income; but as a percentage of the whole $100,000, your tax is about 22.37%.

 

[DiveCon]

Dude, I'm right. Look it up how our tax brackets work. Everyone is taxed the same on the same income earned. The tax increase for is only for income earned over 250k. The first 250k is taxed just like the rest of us.

that is not how it is
you go into the next bracket, your entire income is taxed at that rate

LMAO

Not it's not. Whoever told you that is lying.

then that is something thats been changed
because i remember having LESS net income by making just a few dollars over the next bracket

 

[Article 15]

that is not how it is
you go into the next bracket, your entire income is taxed at that rate

LMAO

Not it's not. Whoever told you that is lying.

then that is something thats been changed
because i remember having LESS net income by making just a few dollars over the next bracket

It isn't something that has been changed.

 

[DiveCon]

LMAO

Not it's not. Whoever told you that is lying.

then that is something thats been changed
because i remember having LESS net income by making just a few dollars over the next bracket

It isn't something that has been changed.

it was likely before your time of paying taxes

 

[elvis]

The Tax Foundation - U.S. Federal Individual Income Tax Rates History, 1913-2010

 

[elvis]

It looks like it's been stepped since 1913.

 

[Article 15]

then that is something thats been changed
because i remember having LESS net income by making just a few dollars over the next bracket

It isn't something that has been changed.

it was likely before your time of paying taxes

Or my great-grandfather's

 

[asterism]

that is not how it is
you go into the next bracket, your entire income is taxed at that rate

LMAO

Not it's not. Whoever told you that is lying.

then that is something thats been changed
because i remember having LESS net income by making just a few dollars over the next bracket

That's the because the rate charged in the next bracket on income in that bracket is progressively more. Income tax has been stepped like this for decades. It doesn't change the fact that raising taxes on income over $250K is still a tax increase, not a tax cut.

 

[edthecynic]

that is not how it is
you go into the next bracket, your entire income is taxed at that rate

LMAO

Not it's not. Whoever told you that is lying.

then that is something thats been changed
because i remember having LESS net income by making just a few dollars over the next bracket

If by "remember" you mean "imagine" you might have a point, but you will still be dead wrong!

 

[mudwhistle]

Airport and Airway Extension Act of 2010, Part III ?

No, that was today's vote on extending the Bush Tax Cuts. The Regressive Party overwhelmingly voted against continuing the tax cuts.

They voted to raise everyone's taxes.

Nope...they voted not to allow some of our taxes to be raised.

Voting against that does not mean that a no vote is voting to raise taxes because voting yes would have done so.

You can't rationalize this folks. Nobody is getting a tax cut. This was a vote to raise taxes for the upper income Americans. The same Americans that provide your jobs. This is the primary reason unemployment is so high. No employer feels safe enough to hire anyone because of this uncertainty.

 

[Micky G. Jagger]

The House passed an extension of the Bush-era Tax Cuts for the Middle Class by vote of 234 to 188.

93% of Republicans voted against the tax cut extension.

90% of Democrats voted for the tax cut extension.

House Vote 604 - To Extend Bush-era Tax Cuts for Middle Class - NYTimes.com

 

[editec]

Airport and Airway Extension Act of 2010, Part III ?

No, that was today's vote on extending the Bush Tax Cuts. The Regressive Party overwhelmingly voted against continuing the tax cuts.

They voted to raise everyone's taxes.

Nope...they voted not to allow some of our taxes to be raised.

Voting against that does not mean that a no vote is voting to raise taxes because voting yes would have done so.

You can't rationalize this folks. Nobody is getting a tax cut. This was a vote to raise taxes for the upper income Americans. The same Americans that provide your jobs. This is the primary reason unemployment is so high. No employer feels safe enough to hire anyone because of this uncertainty.

What a load of partisan nonsense.

People aren't hiring because there aren't customers enough to warrant new jobs.

That isn't an uncertainty problem, that's a certainty problem.

 

[liebuster]

Boy oh boy. You guys love to argue semantics. Heres the deal.

The middle class is not getting a tax cut. END OF STORY. They are just having their taxes remain the same.

The Upper class, at least the way this bill stands, will be having their taxable income rate go up. END OF STORY.

So you can look at this a couple of ways. The republicans voted against raising taxes forsome and keeping them the same for others AND The democrats voted to raise taxes for some and keep them the same for others.

The 168 republicans DID NOT VOTE FOR ANYTHING like the thread title would suggest. This is a lame attempt at trying to make the republicans out as something that didn't do.

 

[Micky G. Jagger]

No, that was today's vote on extending the Bush Tax Cuts. The Regressive Party overwhelmingly voted against continuing the tax cuts.

They voted to raise everyone's taxes.

Nope...they voted not to allow some of our taxes to be raised.

Voting against that does not mean that a no vote is voting to raise taxes because voting yes would have done so.

You can't rationalize this folks. Nobody is getting a tax cut. This was a vote to raise taxes for the upper income Americans. The same Americans that provide your jobs. This is the primary reason unemployment is so high. No employer feels safe enough to hire anyone because of this uncertainty.

What a load of partisan nonsense.

People aren't hiring because there aren't customers enough to warrant new jobs.

That isn't an uncertainty problem, that's a certainty problem.

Employers don't hire workers to make goods and provide services they don't have customers for. We need more people spending money on consumer goods and services and the best way to do that is to provide generous financial relief for the unemployed.

 

[Micky G. Jagger]

Boy oh boy. You guys love to argue semantics. Heres the deal.

The middle class is not getting a tax cut. END OF STORY. They are just having their taxes remain the same.

The Upper class, at least the way this bill stands, will be having their taxable income rate go up. END OF STORY.

So you can look at this a couple of ways. The republicans voted against raising taxes forsome and keeping them the same for others AND The democrats voted to raise taxes for some and keep them the same for others.

The 168 republicans DID NOT VOTE FOR ANYTHING like the thread title would suggest. This is a lame attempt at trying to make the republicans out as something that didn't do.

The 168 Republicans voted for higher taxes for the middle class by voting against extending Bush Era tax cuts for the middle class.

 

[Greenbeard]

see why these things shouldn't be attached to unrelated bills?

It wasn't attached to it, it was an amendment to a Senate amendment to a bill that originated in the House. The House stripped out the text of the old bill and inserted the next text of a new bill, the Middle Class Tax Relief Act of 2010. This happens all the time.

You can follow the evolution of H.R. 4853 but only the fifth (final) version in that list matters. If you click on it to read the text, you'll see it wasn't attached to anything. The vote was solely on the tax provisions.

 

[Ravi]

Without researching this I believe this is the bill that the repubs voted against because it only included tax cuts for the middle and not for everyone. They are going to allow the democrats to raise taxes on the rich which isn't going to help small buisnesses and jobs.

In my opinion the republicans didn't want to shoot themselves in the foot like the dems are doing.......AGAIN!!

That is false. This is a tax cut that affects everybody.

nope, it doesnt

Sure it does. It affects the first $250,000 of everyone's income. It keeps the current tax rate on the first $250,000 of everyone's income.

 

[Ravi]

Do you need a remedial course in how our tax brackets work, RGS?

if that were the case, why would people close to the next bracket do everything they can to avoid going into it

you are wrong

Because they aren't very bright?