Obama to Tax Rich for

[WillowTree]

The 10-year budget outline that the White House will release officially Thursday aims to pay for universal health care coverage in part by collecting more in taxes from wealthy Americans.

Senior administration officials tell FOX News that President Obama's budget will include a $634 billion "reserve fund" to pay for universal coverage. The administration projects the total cost of $1 trillion and describes the "reserve fund" as a down payment on the total cost.

Senior White House officials briefed Democrats in Congress on the president's budget outline Wednesday


Obama Seeks $634M Over 10 Years to Revamp Health Care System - First 100 Days of Presidency - Politics FOXNews.com





outfuckingtanding!

 

[garyd]

Oh good now we can all get treat like the vets....

 

[WillowTree]

For example, if a couple had $10,000 of legal itemized deductions, the tax change would limit the deductible amount to $2,800. Under current law couples earning $250,000 or more can deduct up to 35 percent of their legal deductions. Using the $10,000 figure again, couples can currently deduct $3,500 from their taxes.


Lesseeee the difference in 2800 and 3500 is 700. 700 x 10 is 7000. now in order for this to bring in the projected 634 B means there are one helluva lot of rich people to make 634 billion dollars in ten years...holy shit

 

[Xenophon]

Tax the rich, feed the poor, till there are no, rich no more.

 

[elvis]

Tax the rich, feed the poor, till there are no, rich no more.

ten years after

 

[Xenophon]

Which is when BO says this crap will all be paid for, although I doubt it.

 

[elvis]

Which is when BO says this crap will all be paid for, although I doubt it.

either the debt will be 20 trillion, or taxes will be 40 percent.

 

[Xenophon]

Taxes will be through the roof, 'the rich' are already sending their money to off shore banks.

They tried overtaxing rich people in the 1950s & 1960s, all it did was make places like Monaco rich.

 

[manu1959]

ya tax the rich the obviously don't know how to spend their money....the government is much better at it.....being the government is so solvent and all......

 

[elvis]

Taxes will be through the roof, 'the rich' are already sending their money to off shore banks.

They tried overtaxing rich people in the 1950s & 1960s, all it did was make places like Monaco rich.

how long do you think it'll be before everybody's paying higher taxes?

 

[manu1959]

Taxes will be through the roof, 'the rich' are already sending their money to off shore banks.

They tried overtaxing rich people in the 1950s & 1960s, all it did was make places like Monaco rich.

how long do you think it'll be before everybody's paying higher taxes?

friday......

 

[elvis]

Taxes will be through the roof, 'the rich' are already sending their money to off shore banks.

They tried overtaxing rich people in the 1950s & 1960s, all it did was make places like Monaco rich.

how long do you think it'll be before everybody's paying higher taxes?

friday......

i thought the Bush tax cuts were gonna last until 2011?

 

[DiamondDave]

Obama sure likes to hear himself talk... and the Obamabots still believe it completely, no matter how unrealistic or ludicrous his crap is

Someday they all will have to wake up and smell what he is shoveling

 

[AVG-JOE]

It's not about the details of the stimulus package, it's about the way government does business.

-Joe

 

[manu1959]

how long do you think it'll be before everybody's paying higher taxes?

friday......

i thought the Bush tax cuts were gonna last until 2011?

those are but other taxes will be created....

 

[elvis]

Obama sure likes to hear himself talk... and the Obamabots still believe it completely, no matter how unrealistic or ludicrous his crap is

Someday they all will have to wake up and smell what he is shoveling

how long before America smells it?

 

[manu1959]

Obama sure likes to hear himself talk... and the Obamabots still believe it completely, no matter how unrealistic or ludicrous his crap is

Someday they all will have to wake up and smell what he is shoveling

how long before America smells it?

probably about the same time they admit blow jobs are sex.....

 

[Xenophon]

taxes will be through the roof, 'the rich' are already sending their money to off shore banks.

They tried overtaxing rich people in the 1950s & 1960s, all it did was make places like monaco rich.

how long do you think it'll be before everybody's paying higher taxes?

2010.

 

[elvis]

taxes will be through the roof, 'the rich' are already sending their money to off shore banks.

They tried overtaxing rich people in the 1950s & 1960s, all it did was make places like monaco rich.

how long do you think it'll be before everybody's paying higher taxes?

2010.

after midterms?

 

[Xenophon]

Before, the dems know they will probaly lose the filibuster proof majority in 2010, they need to get the entire agenda done before that happens.