What Liberals Fear More Than Obama Losing

[oreo]

The only proposal I've heard of is raising the rate from 36% to 39%, the rate that they paided in the 90's. How is that "oblivion"?

The 250K crowd right now pays 33% in Federal income tax liability.

Here we go ....

WHAT YOU DON'T UNDERSTAND----is that there are millions of S-corporations in the country--aka small business aka (mom and pop shops) that this President has continually threatened them with this 39% tax bracket. 39% is the EXACT same tax bracket that large multi-billion dollar corporations pay. John McCain tried to explain this to you -during the campaign season-but you didn't get it.

If you add in state and local taxes--you're talking about taxing the most innovative--hardest working people in this country. 50 cents on every dollar they earn.

3% of all small businesses make over $250K. Even if ALL of them made over $250K, they still would not pay 39%. Why?

Because they only pay that on the money over $250K!!

Why do people talk about tax brackets when they don't what they're talking about?

I am a 30+ year sub-S corporation small business electrical contractor. I know my taxes. There was never any DISCLOSURE by Barack Obama--that he would graduate up to the 250K bracket and eventually end up at 39%. Barack Obama has ALWAYS stated 250K--tax bracket 39%--and that is where he has drawn his line. This is the EXACT same bracket that large multi-billion dollars corporations pay.

And you're full of crap if you believe that only 3% of the millions of small business in this country make 250K. That's what Barry told you--and with his flood the basement economic policy--flopping--it's kind of hard to take him serious on anything he says about this economy.

It's a lot more than that. All you need to do is walk down main street to tell you that. They are your doctor's office--your dentist office--your auto mechanic--your trash collector--and your construction businesse's from A to Z etc. etc. etc. All of them very capable of making that 250K bar.

 

[Article 15]

[It's a lot more than that. All you need to do is walk down main street to tell you that. They are your doctor's office--your dentist office--your auto mechanic--your trash collector--and your construction businesse's from A to Z etc. etc. etc. All of them very capable of making that 250K bar.

So?

They are taxed on their profit, not their revenue. You expect me to weep for someone profiting 250k on their small business?

If any of those businesses you mentioned hit that 250k mark in profit they will see zero increase.

If they profit 300k their tax bill will go up $1500.

If they profit 500k the tax bill goes up $7500. And so on.

The horror.

 

[Salt Jones]

You realize Progressives are undefeated for nearly 100 years, right?

We have rolled back NONE of their agenda, not once, not ever. Reagan got a tax cut and defeated their home team, in response they took over the Democrat Party. We had a "Compassionate" " Conservative" president (he was neither) and a Republican Congress and we got Mo' n' Better Progressivism in the form of Prescription Drugs and Sabotage of our Educational System and the Patriot Act to boot.

We are getting our asses kicked daily and have been since 1913.

WAKE THE FUCK UP!!!!!!!!!!

And will continue to push the liberal agenda. As I said before, you had Reagan, Bush 41 and Bush 43 and we still have legal abortion, Medicare, Social Security, increased gun control, 1 amnesty, unfunded Medicare Part D, a new government bureaucracy (DHS) and Affirmative Action.

Keep up the good work conservatives.

 

[Maple]

The only proposal I've heard of is raising the rate from 36% to 39%, the rate that they paided in the 90's. How is that "oblivion"?

The 250K crowd right now pays 33% in Federal income tax liability.

Here we go ....

WHAT YOU DON'T UNDERSTAND----is that there are millions of S-corporations in the country--aka small business aka (mom and pop shops) that this President has continually threatened them with this 39% tax bracket. 39% is the EXACT same tax bracket that large multi-billion dollar corporations pay. John McCain tried to explain this to you -during the campaign season-but you didn't get it.

If you add in state and local taxes--you're talking about taxing the most innovative--hardest working people in this country. 50 cents on every dollar they earn.

3% of all small businesses make over $250K. Even if ALL of them made over $250K, they still would not pay 39%. Why?

Because they only pay that on the money over $250K!!

Why do people talk about tax brackets when they don't what they're talking about?

Only 3% of small business makes over 250 K a year, you are stupid, don't be stupid. The next time you go to the Dentist or your Doctor's office, count the staff, if you have more than 3 people working in there they are making over 250 a year in gross income or they would not be able to pay their staff, let alone the rent, the utilities, or the equipment and supplies. Good flipping grief, do these people's minds ever work, there is not a critical thinker among them. The 250 is GROSS INCOME, before the staff is paid, the rent on the building is paid, the utilities is paid, the supplies are paid AND BEFORE THE TAXES ARE PAID.

 

[Lakhota]

[It's a lot more than that. All you need to do is walk down main street to tell you that. They are your doctor's office--your dentist office--your auto mechanic--your trash collector--and your construction businesse's from A to Z etc. etc. etc. All of them very capable of making that 250K bar.

So?

They are taxed on their profit, not their revenue. You expect me to weep for someone profiting 250k on their small business?

If any of those businesses you mentioned hit that 250k mark in profit they will see zero increase.

If they profit 300k their tax bill will go up $1500.

If they profit 500k the tax bill goes up $7500. And so on.

The horror.

Right on!

 

[Greenbeard]

And you're full of crap if you believe that only 3% of the millions of small business in this country make 250K. That's what Barry told you--and with his flood the basement economic policy--flopping--it's kind of hard to take him serious on anything he says about this economy.

The Joint Committee on Taxation, actually:

The staff of the Joint Committee on Taxation estimates that in 2011 just under 750,000 taxpayers with net positive business income (three percent of all taxpayers with net positive business income) will have marginal rates of 36 or 39.6 percent under the President’s proposal, and that 50 percent of the approximately $1 trillion of aggregate net positive business income will be reported on returns that have a marginal rate of 36 or 39.6 percent.​

 

[DontBeStupid]

The next time you go to the Dentist or your Doctor's office, count the staff, if you have more than 3 people working in there they are making over 250 a year in gross income or they would not be able to pay their staff, let alone the rent, the utilities, or the equipment and supplies.

/sigh

Do we tax gross income? Or do we tax net income?

 

[oreo]

[It's a lot more than that. All you need to do is walk down main street to tell you that. They are your doctor's office--your dentist office--your auto mechanic--your trash collector--and your construction businesse's from A to Z etc. etc. etc. All of them very capable of making that 250K bar.

So?

They are taxed on their profit, not their revenue. You expect me to weep for someone profiting 250k on their small business?

If any of those businesses you mentioned hit that 250k mark in profit they will see zero increase.

If they profit 300k their tax bill will go up $1500.

If they profit 500k the tax bill goes up $7500. And so on.

The horror.

Holy Crap--can you LIBERALS READ a tax chart. 300K and they are only going to pay an additional $1500.00 for 50K above 250k more in federal taxes--- Really does that make any freakin sense to you at all--- One can make an additional 50K OVER 250K and only pay an additional $1500.00 in federal taxes?--

Did Barry tell you that also?

According to my 2011 business tax chart:

300K income equals a federal tax liability of $73,847.00
250K income equals a federal tax liability of $57,347.20

which means someone making an additional $50K (from 250K to 300K) would pay an additional $16,499.80 in federal tax liability--and NOT a measly $1500.00-- Do you really want me to move onto the 500K federal tax liability--LOL

 

[DontBeStupid]

which means someone making an additional $50K (from 250K to 300K) would pay an additional $16,499.80 in federal tax liability--and NOT a measly $1500.00

He was clearly referring to the proposed 3% increase leading to an additional $1500.

 

[Maple]

[It's a lot more than that. All you need to do is walk down main street to tell you that. They are your doctor's office--your dentist office--your auto mechanic--your trash collector--and your construction businesse's from A to Z etc. etc. etc. All of them very capable of making that 250K bar.

So?

They are taxed on their profit, not their revenue. You expect me to weep for someone profiting 250k on their small business?

If any of those businesses you mentioned hit that 250k mark in profit they will see zero increase.

If they profit 300k their tax bill will go up $1500.

If they profit 500k the tax bill goes up $7500. And so on.

The horror.

Holy Crap--can you people READ a tax chart. 300K and they are only going to pay an additional $1500.00 for 50K above 250k more in federal taxes--- Really does that make any freakin sense to you at all--- One can make an additional 50K per year and only pay $1500.00 in additional federal tax---at a 300K annual income level--

Did Barry tell you that also?

According to my 2011 business tax chart:

300K income federal tax liability $73,847.00
250K income federal tax liability $57,347.20

which means someone making an additional $50K (from 250K to 300K) would pay an additional $16,499.80 in federal tax liability--and NOT a measly $1500.00--

Yes and that makes me want to work all the harder and then I will go out an hire another employee so I can match their SSI, pay more in workmen's comp, Obama care kicks in and I get to pay more, plus additional taxes. Yeah buddy, I want to expand my business so I can lose more money. Good Grief, these people are stupid.

Know what- it's not your money, it is not money you earned or you deserve to get from productive people.

 

[Article 15]

[It's a lot more than that. All you need to do is walk down main street to tell you that. They are your doctor's office--your dentist office--your auto mechanic--your trash collector--and your construction businesse's from A to Z etc. etc. etc. All of them very capable of making that 250K bar.

So?

They are taxed on their profit, not their revenue. You expect me to weep for someone profiting 250k on their small business?

If any of those businesses you mentioned hit that 250k mark in profit they will see zero increase.

If they profit 300k their tax bill will go up $1500.

If they profit 500k the tax bill goes up $7500. And so on.

The horror.

Holy Crap--can you people READ a tax chart. 300K and they are only going to pay an additional $1500.00 for 50K above 250k more in federal taxes--- Really does that make any freakin sense to you at all--- One can make an additional 50K per year and only pay $1500.00 in additional federal tax---at a 300K annual income level--

Did Barry tell you that also?

According to my 2011 business tax chart:

300K income federal tax liability $73,847.00
250K income federal tax liability $57,347.20

which means someone making an additional $50K (from 250K to 300K) would pay an additional $16,499.80 in federal tax liability--and NOT a measly $1500.00--

That $1500 is the increase in tax their tax bill when the rate is increased from 36% to 39% and not the total taxes paid on that additional 50k over 250k.

50,000 * .36 = 18,000

50,000 * .39 - 19,500

 

[hellofromwarsaw]

By Geoffrey P. Hunt
08/30/2011
American Thinker

The left are now wringing their hands fearing their agenda is overripe, blaming everyone else for their own spoiled pickling. While Obama's sinking prospects for re-election are disquieting, the real source of liberals' despair is their sudden, unexpected realization that the progressive agenda is dead in its tracks and will likely be in full retreat after 2012.

. . . The end of the Progressive Era, eclipsing Obama, has come from two places -- one fiscal and pragmatic, the other ideological and visceral. First, the debt crisis and persistent economic woes have made it clear that the progressive agenda is unaffordable and unsustainable. The money pumps in the forms of more borrowing and taxes cannot possibly keep up with the tons of green water spending coming aboard.

Second, beyond the limited government ideology now gaining real traction, Americans without an ideology are finding that central planning madness from Washington is making their lives worse, not better.

. . . The liberal vision of the ideal state is fat, sloppy and lazy. Why exert yourself if someone else will buy you food stamps and school lunches? Why bother learning to read, write, do simple algebra, or acquire any employable skills when you'll get free health care and subsidized housing? Why eat right and keep fit when obesity and diabetes is a protected disability?

Americans are finally fed up with the Democrats' value system: no personal accountability; moral equivalence; belief that success is derived from exploiting everybody else; everybody else is a hapless victim; we are all racists and xenophobes, consigned to endless acts of contrition where reparations and open borders would be the only relief.


LINK

What BS...turn off the BS- this is pure hyperbole for the brainwashed...and only half of you are racist and xenophobe...

 

[oreo]

So?

They are taxed on their profit, not their revenue. You expect me to weep for someone profiting 250k on their small business?

If any of those businesses you mentioned hit that 250k mark in profit they will see zero increase.

If they profit 300k their tax bill will go up $1500.

If they profit 500k the tax bill goes up $7500. And so on.

The horror.

Holy Crap--can you people READ a tax chart. 300K and they are only going to pay an additional $1500.00 for 50K above 250k more in federal taxes--- Really does that make any freakin sense to you at all--- One can make an additional 50K per year and only pay $1500.00 in additional federal tax---at a 300K annual income level--

Did Barry tell you that also?

According to my 2011 business tax chart:

300K income federal tax liability $73,847.00
250K income federal tax liability $57,347.20

which means someone making an additional $50K (from 250K to 300K) would pay an additional $16,499.80 in federal tax liability--and NOT a measly $1500.00--

That $1500 is the increase in tax their tax bill when the rate is increased from 36% to 39% and not the total taxes paid on that additional 50k over 250k.

50,000 * .36 = 18,000

50,000 * .39 - 19,500

The current tax rate for the 250-300K is 33% dumb ass.

 

[Article 15]

Holy Crap--can you people READ a tax chart. 300K and they are only going to pay an additional $1500.00 for 50K above 250k more in federal taxes--- Really does that make any freakin sense to you at all--- One can make an additional 50K per year and only pay $1500.00 in additional federal tax---at a 300K annual income level--

Did Barry tell you that also?

According to my 2011 business tax chart:

300K income federal tax liability $73,847.00
250K income federal tax liability $57,347.20

which means someone making an additional $50K (from 250K to 300K) would pay an additional $16,499.80 in federal tax liability--and NOT a measly $1500.00--

That $1500 is the increase in tax their tax bill when the rate is increased from 36% to 39% and not the total taxes paid on that additional 50k over 250k.

50,000 * .36 = 18,000

50,000 * .39 - 19,500

The current tax rate for the 250-300K is 33% dumb ass.

You don't have much room calling anyone a dumbass after your last post at me.

But anyway.....

Double the numbers I cited then.

The business making 300k in profit will see an increase of 3k in their tax bill, and so on and so forth.

I'm still not shedding a tear for the crowd you are defending.

 

[Maple]

That $1500 is the increase in tax their tax bill when the rate is increased from 36% to 39% and not the total taxes paid on that additional 50k over 250k.

50,000 * .36 = 18,000

50,000 * .39 - 19,500

The current tax rate for the 250-300K is 33% dumb ass.

You don't have much room calling anyone a dumbass after your last post at me.

But anyway.....

Double the numbers I cited then.

The business making 300k in profit will see an increase of 3k in their tax bill, and so on and so forth.

I'm still not shedding a tear for the crowd you are defending.

You had better be because you are going to the one paying for it. Why don't you get a job, make some of your own money and when you do write out your check for ALL of it and send it in addressed to the Federal treasury. I am sure they will send you a nice thank you card. No one really knows what Obama's tax plan is, that is why corporations are sitting on trillions of dollars, not expanding their business's or hiring anyone. He is the most anti-business president this country has ever had and he will go down in history as the spender in chief and the conan of job destruction. Here's where you get to pay.

How Obama’s tax cut will make the middle class pay more! « JuggaMyNuggaWhat?

" When the Democrats start talking about taxing the rich the middle class needs to run for cover." Fred Thompson

" Socialism is the philosophy of failure, the creed of ignorance, the gospel of envy and it's only virtue is the shared equality of misery." Winston Churchill


You will relate to the GOSPEL of envy according to your posts.
" The problem with socialism is that you eventually run out of other people's money." Margaret Thatcher.

 

[oreo]

That $1500 is the increase in tax their tax bill when the rate is increased from 36% to 39% and not the total taxes paid on that additional 50k over 250k.

50,000 * .36 = 18,000

50,000 * .39 - 19,500

The current tax rate for the 250-300K is 33% dumb ass.

You don't have much room calling anyone a dumbass after your last post at me.

But anyway.....

Double the numbers I cited then.

The business making 300k in profit will see an increase of 3k in their tax bill, and so on and so forth.

I'm still not shedding a tear for the crowd you are defending.

If someone is trying to tell me--how much more business will pay--who obviously doesn't know what the CURRENT tax rate is --what do you expect me to call you--

I have seen your numbers before--you've just copied and pasted them off of a liberal left wing site--whom don't know their asse's from a hole in the ground either.


I am the one in business--and I have the 2011 tax chart. Open up your own business and the IRS will gladly send you one.

 

[Article 15]

The current tax rate for the 250-300K is 33% dumb ass.

You don't have much room calling anyone a dumbass after your last post at me.

But anyway.....

Double the numbers I cited then.

The business making 300k in profit will see an increase of 3k in their tax bill, and so on and so forth.

I'm still not shedding a tear for the crowd you are defending.

If someone is trying to tell me--how much more business will pay--who obviously doesn't know what the CURRENT tax rate is--what do you expect me to call you--

I have seen your numbers before--you've just copied and pasted them off of a liberal left wing site--whom don't know their asse's from a hole in the ground either.


I am the one in business--and I have the 2011 tax chart.

You weren't sharp enough to understand that I was talking about the additional tax increase when the rate is bumped up but I managed to let it slide without throwing an ad hom and a barrage of smilies at you.

But anyway again....

I've haven't copied and pasted anything.

If the rate bump was from 36 to 39 the tax bill increase would be 1500 for those making 300k in profit.

If the rate bump was from 33 to 39 the tax bill increase would be 3000 for those making 300k in profit.

That's just pure math.

 

[hellofromwarsaw]

Have a heart attack over 3% more from the bloated rich, why dontcha? they've tripled their wealth while everyone else has suffered....fcs

 

[oreo]

You don't have much room calling anyone a dumbass after your last post at me.

But anyway.....

Double the numbers I cited then.

The business making 300k in profit will see an increase of 3k in their tax bill, and so on and so forth.

I'm still not shedding a tear for the crowd you are defending.

If someone is trying to tell me--how much more business will pay--who obviously doesn't know what the CURRENT tax rate is--what do you expect me to call you--

I have seen your numbers before--you've just copied and pasted them off of a liberal left wing site--whom don't know their asse's from a hole in the ground either.


I am the one in business--and I have the 2011 tax chart.

You weren't sharp enough to understand that I was talking about the additional tax increase when the rate is bumped up but I managed to let it slide without throwing an ad hom and a barrage of smilies at you.

But anyway again....

I've haven't copied and pasted anything.

If the rate bump was from 36 to 39 the tax bill increase would be 1500 for those making 300k in profit.

If the rate bump was from 33 to 39 the tax bill increase would be 3000 for those making 300k in profit.

That's just pure math.

Pure math doesn't start at 36%-- Furthermore if Obama is raising it from the current 33% to 39%--you can bet all graduated lower numbers will be rising also--meaning--that you've got a lot of fuzzy B.S. math going on. You can't just jump from 28% in one fatal leap to 39%--without raising the 28% to 30-34% and so on and so on.

 

[Article 15]

If someone is trying to tell me--how much more business will pay--who obviously doesn't know what the CURRENT tax rate is--what do you expect me to call you--

I have seen your numbers before--you've just copied and pasted them off of a liberal left wing site--whom don't know their asse's from a hole in the ground either.


I am the one in business--and I have the 2011 tax chart.

You weren't sharp enough to understand that I was talking about the additional tax increase when the rate is bumped up but I managed to let it slide without throwing an ad hom and a barrage of smilies at you.

But anyway again....

I've haven't copied and pasted anything.

If the rate bump was from 36 to 39 the tax bill increase would be 1500 for those making 300k in profit. .

If the rate bump was from 33 to 39 the tax bill increase would be 3000 for those making 300k in profit.

That's just pure math.

Pure math doesn't start at 36%--

Does it start at 33%?

Because I calculated that out for you too....

Are you disputing the 3k tax increase?