Bend over here it comes again

Discussion in 'Healthcare/Insurance/Govt Healthcare' started by Skull Pilot, Jul 15, 2009.

  1. Skull Pilot
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    Skull Pilot Platinum Member

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    Democrats want to impose "surtax" to finance health care - WSJ.com
    that's more than a 50% increase!!!

    And this from that no good tax cheat Rangel

    http://michellemalkin.com/2009/03/09/tax-cheat-rangel-caught-on-tape-why-dont-you-mind-your-goddamned-business/


    Be prepared to be in this recession for another ten years.

    Here's a little real world arithmetic for you courtesy of:

    http://www.michaelgraham.com/post/2009/07/15/How-Does-It-Feel-To-Be-Rich.aspx

    Now riddle me this.

    Why if all a small business owner who actually creats jobs and deals with the everyday stresses of running and owning a business, not to mention the financial risks and legal hassles who can earn 300K a year continue to do so if all he is going to take home is 139K

    Shit he can probably get that in a 9 to 5 punch the clock 2 coffee break, hour lunch breaks, no working weekends holidays or nights job that doesn't create jobs for other people?
     
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    Last edited: Jul 15, 2009
  2. Big Black Dog
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    Big Black Dog Gold Member Supporting Member

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    Not thinking that Democrats won't raise taxes is like thinking water would never run down hill. The only question is "How much?" You don't think all of this crap Obama is trying to do is going to be free do you? Do you really believe that "taxing the rich" will really pay for this? If you do, you have another think coming. Standby middle class. Prepare to get out those checkbooks! Get ready for a National Sales Tax.
     
  3. Skull Pilot
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    Skull Pilot Platinum Member

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    don't forget higher taxes on bad for you foods, gas, home heating oil, electricity, etc etc etc etc etc etc etc ad infinitum ad nauseum
     
  4. sealybobo
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    sealybobo Diamond Member

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    This is a very quick and sloppy reply, but hey, you guys were saying last year that with free markets American labor needs to get used to not making as much money as we used to be making.

    Remember you guys said that factory workers were making too much and all Americans were spending too much? Well, if you cut their pay and they stop spending, expect a long hard recession. But BFD. I went to a right wing motivational seminar yesterday and smart people are taking advantage of the sitution. Anyone who's complaining is just making excuses and whining.

    So, if people need to get used to making less, and a lot of them are paying off a house that isn't even worth what we are paying, then expect that we aren't going to be buying shit for the next 10 years as we get our shit right. The speakers at the seminar said that people should just hunker down and take advantage of:

    Tax Opportunities
    Every American should own a business
    Don't rely on just the income from your main job.
    Start an internet company
    Invest in the stock market (and they showed us how to make millions instead of thousands in the next 20 years.).

    I'm so motivated and excited about my future!!!

    So anyways, if we are going to be making less, then we need something to offset that, and that is free healthcare.

    And because Skull seems to be doing just fine, we need to raise his taxes to pay for the people who took the pay cuts.

    Its called spreading the wealth. Thanks Skull.
     
  5. sealybobo
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    sealybobo Diamond Member

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    Exactly.
     
  6. auditor0007
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    auditor0007 Gold Member

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    While we need healthcare change, the cost of that should not be placed soley on the wealthy. Employer plans should be shared cost plans where the employee must pay a share, and I believe that share should be half if you are going to make employers responsible for the health of their employees.

    What irritates me is that those of you who argue against any change are always lying to everyone. You state that someone earning $300,000 will pay $118,800 in income tax. This is not correct, nor is it even close to being correct. Tax rates are progressive, and the higher rates are only charged against income over certain levels while the lower levels of income are charged at a lower rate. Someone earning $300,000 per year will most likely pay a total rate of around 27%, not the full 39.6% that you state. And for those who are self-employed, there are many ways to hide a great deal of income. You can purchase a very expensive car and only be taxed for personal use of the vehicle at the much lower mileage rate.

    I just hate when people outright lie when trying to make their points. And what we all know is that higher rates don't mean greater revenue from those earning the most. In the end, it is those in the middle who can't find all of the write-offs who end up paying the most in the end as their real rates jump.
     
  7. Bern80
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    Bern80 Gold Member

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    That's not really a refutal of the post Sealy. Stop dodging. Is what Mr Rangle says, accurate? If so, you don't actually think taxing the wealthy over 50% of their income is going to help the economy in a recession do you?
     
  8. sealybobo
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    sealybobo Diamond Member

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    Is taxing the wealthy over 50% realistic Bern?

    Isn't he the one that 2 years ago suggested we bring back the draft?

    You must not know Charlie Rangle operates.

    But expect taxes to go up Bern. You want to fight two wars and get tax breaks? And you wonder why we can't afford anything?

    Yes, taxing the rich and cutting out waste will solve a lot of our problems.
     
  9. driveby
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    driveby Gold Member

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    Sealy is the dems house slave, any logical pov will fall on deaf ears ..........
     
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  10. Meister
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    Meister VIP Member Supporting Member

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    These are the words of a full blown socialist. Thanks Bobo
     

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