Republicans want to raise taxes on those making less than 106K a year

[Truthmatters]

IOW, liberals are 100% in favor of raising taxes...unless it's their taxes being raised...got it.

you have lost it in partisan hate land.

 

[Avorysuds]

Republicans will defend to the death tax breaks for the rich, but don't care about raising taxes on working people.

Its not called a death tax.

that is a republican talking point.

Its inheritance tax.

they wanted to make it sound like people were being taxed to die.

Its actually not taxing dead people.

its taxing people who have inherited like five million or more.

That means you can leave millions to a kid without a dime of tax.

Unless I have it wrong the "Death tax" starts after 10 thousand dollars, not 5 million. Then that means the money that was already taxed once gets taxed again... Wow, that's fair lolz! That means that if you paid 25% through your life you could be taxed again on that same dollar after you die by another 25 or so %.... Meaning you lost HALF of what you earned before you spent it… then when you spend it you get hit by another 10ish %.

TM loves it lol!

 

[Remodeling Maidiac]

they are getting tripped up pretty good with this one.


Maybe Obama has finnally out manuvered them

The only thing Obama has out manuvered was his wife when he was smart enough to take a different flight on vacation than she did.

 

[Avorysuds]

IOW, liberals are 100% in favor of raising taxes...unless it's their taxes being raised...got it.

you have lost it in partisan hate land.

Lol, that's funny comming from you haha. You should do a search for threads you started sometime, you will notice "Republican" brought up a lot haha.

 

[Warrior102]

and what do you call fair share?

squeezing pennys out of the starving?

You would have to have debtors prison for the ones who decided to eat instead of pay taxes.

The "starving" don't pay taxes, stupid.

Show us where they do.

 

[Truthmatters]

You guys are the ones who keep talking about Everyone paying their fair Share while half the People Pay nothing and 10% of them pay 90%.

You guys want to make that even more skewed so even more people pay nothing and the top 10% carry even more of the Burden.

Sorry anyone who knows the Definition of Fair, Knows you are full of shit.

Dude, you're making shit up. Even the most rightwing sources place the top 10 @ around 70%. All these analyses disregard FICA altogether - As stated earlier, EVERYONE who earns even a single dollar in wages pays into FICA. This 'half that pay nothing' DOES. NOT. FUCKING. EXIST.

Promise me... PROMISE, and mean it this time... That you will read something not from Heritage before you post here again. Promise?

Why don't you whip out your fucking paycheck and make out a LARGE ONE payable to the U.S. Treasury ?

Go for it. You're wetting your panties in anticipation of higher taxes - go for it !

Stroke the check.

Short of that, STFU

You sound like you need more summers eve.


NO no no no dont drink it

 

[Cuyo]

You guys are the ones who keep talking about Everyone paying their fair Share while half the People Pay nothing and 10% of them pay 90%.

You guys want to make that even more skewed so even more people pay nothing and the top 10% carry even more of the Burden.

Sorry anyone who knows the Definition of Fair, Knows you are full of shit.

Dude, you're making shit up. Even the most rightwing sources place the top 10 @ around 70%. All these analyses disregard FICA altogether - As stated earlier, EVERYONE who earns even a single dollar in wages pays into FICA. This 'half that pay nothing' DOES. NOT. FUCKING. EXIST.

Promise me... PROMISE, and mean it this time... That you will read something not from Heritage before you post here again. Promise?

Why don't you whip out your fucking paycheck and make out a LARGE ONE payable to the U.S. Treasury ?

Go for it. You're wetting your panties in anticipation of higher taxes - go for it !

Stroke the check.

Short of that, STFU

Nice non sequitur. Bizarre even.

How do ya think ya did?

 

[Truthmatters]

and what do you call fair share?

squeezing pennys out of the starving?

You would have to have debtors prison for the ones who decided to eat instead of pay taxes.

The "starving" don't pay taxes, stupid.

Show us where they do.

Try and follow the conversation ok

 

[Missourian]

IOW, liberals are 100% in favor of raising taxes...unless it's their taxes being raised...got it.

you have lost it in partisan hate land.

Google translation: "I have no rebuttal."

 

[Truthmatters]

Dude, you're making shit up. Even the most rightwing sources place the top 10 @ around 70%. All these analyses disregard FICA altogether - As stated earlier, EVERYONE who earns even a single dollar in wages pays into FICA. This 'half that pay nothing' DOES. NOT. FUCKING. EXIST.

Promise me... PROMISE, and mean it this time... That you will read something not from Heritage before you post here again. Promise?

Why don't you whip out your fucking paycheck and make out a LARGE ONE payable to the U.S. Treasury ?

Go for it. You're wetting your panties in anticipation of higher taxes - go for it !

Stroke the check.

Short of that, STFU

Nice non sequitur. Bizarre even.

He is a waste of time.

He knows nothing but partisan talking points and spends all his time delivering childish insults

 

[Warrior102]

and what do you call fair share?

squeezing pennys out of the starving?

You would have to have debtors prison for the ones who decided to eat instead of pay taxes.

The "starving" don't pay taxes, stupid.

Show us where they do.

Try and follow the conversation ok

It's a pretty basic conversation. About 6th grade level - as you're leading it.

Time for another stupid pill ?

 

[Truthmatters]

IOW, liberals are 100% in favor of raising taxes...unless it's their taxes being raised...got it.

you have lost it in partisan hate land.

Google translation: "I have no rebuttal."

It makes no sense is and nothing but partisan hate.

Tell us about how you stand on this tax we are discussing

 

[Cuyo]

The "starving" don't pay taxes, stupid.

Show us where they do.

Try and follow the conversation ok

It's a pretty basic conversation. About 6th grade level - as you're leading it.

Time for another stupid pill ?

You're not a comedian dude. Not even a little bit.

 

[Conservative]

from the linked article in the OP...

The nonpartisan Congressional Budget Office says payroll tax reductions give the economy a short-term boost. But it says the benefit is bigger if employers get the tax break instead of, or along with, workers.

So, Democrats are against giving the economy a bigger boost. Typical.

Neither House Speaker John Boehner, R-Ohio, nor Senate Minority Leader Mitch McConnell, R-Ky., has taken a firm stand on whether to extend the one-year tax cut.

So, not all Republicans have taken a stand one way or the other. Only mouth breathing Dems would say that means they support letting the holiday end. Typical.

Many Democrats also are ambivalent about Obama's proposed tax cut extension.

Interesting. Only in a mouth breathing Democratic world, would having the same position as your opposition mean you're right and they are wrong. Again... typical.

 

[Truthmatters]

The "starving" don't pay taxes, stupid.

Show us where they do.

Try and follow the conversation ok

It's a pretty basic conversation. About 6th grade level - as you're leading it.

Time for another stupid pill ?

bye and lay off the summers eve and quit shoving the listerine up you hiney

 

[Remodeling Maidiac]

It averages out to about a thousand dollars a year from what I hear. That translates to about 19 dollars a week on an average. Do you really think that 20 bucks a week is going to jumpstart our economy? Get real and come up with a solution that actually has a lasting impact.

*crickets chirping*


This is the result of your so called plan and it achieves NOTHING

 

[Missourian]

you have lost it in partisan hate land.

Google translation: "I have no rebuttal."

It makes no sense is and nothing but partisan hate.

Tell us about how you stand on this tax we are discussing

It's the truth.

Liberals have no qualms advocating for increasing taxes on others...but in this thread, where the taxes affect liberals and their base...not quite so enthusiastic.

Hypocritical? Absolutely.

 

[Sunshine]

Social Security payroll taxes apply only to the first $106,800 of a worker's wages. Therefore, $2,136 is the biggest benefit anyone can gain from the one-year reduction.

The great majority of Americans make less than $106,800 a year. Millions of workers pay more in payroll taxes than in federal income taxes.

The 12-month tax reduction will cost the government about $120 billion this year, and a similar amount next year if it's renewed.

That worries Rep. David Camp, R-Mich., chairman of the tax-writing Ways and Means Committee, and a member of the House-Senate supercommittee tasked with finding new deficit cuts. Tax reductions, "no matter how well-intended," will push the deficit higher, making the panel's task that much harder, Camp's office said.

But Republican lawmakers haven't always worried about tax cuts increasing the deficit. They led the fight to extend the life of a much bigger tax break: the major 2001 income tax reduction enacted under Bush. It was scheduled to expire at the start of this year. Obama campaigned on a pledge to end the tax break only for the richest Americans, but solid GOP opposition forced him to back down.

Many Republicans are adamant about not raising taxes but largely silent on what it would mean to let the payroll tax break expire.

Republicans cite key differences between the two "temporary" taxes, starting with the fact that the Bush measure had a 10-year life from the start. To stimulate job growth, these lawmakers say, it's better to reduce income tax rates for people and for companies than to extend the payroll tax break.

The Associated Press: GOP may OK tax increase that Obama hopes to block

And this was front page news today. WOW!

 

[Truthmatters]

Economic Growth and Tax Relief Reconciliation Act of 2001 - Wikipedia, the free encyclopedia


Estate and gift tax rules

The EGTRRA made sweeping changes to the estate tax, gift tax, and generation-skipping transfer tax.
The estate tax unified credit exclusion, which was $675,000 in 2001 but scheduled to increase by steps to $1,000,000 in 2006, was increased to $1,000,000 in 2002, $1,500,000 in 2004, $2,000,000 in 2006, and $3,500,000 in 2009, with repeal of the estate tax and generation-skipping tax scheduled for 2010.

 

[Soggy in NOLA]

Google translation: "I have no rebuttal."

It makes no sense is and nothing but partisan hate.

Tell us about how you stand on this tax we are discussing

It's the truth.

Liberals have no qualms advocating for increasing taxes on others...but in this thread, where the taxes affect liberals and their base...not quite so enthusiastic.

Hypocritical? Absolutely.

Liberals have never met a tax on somebody else they didn't like.