If all these taxes keep building up
Posted By: Trigger Happy on 2009-05-30
In Reply to: Just curious........... sm - m
only the rich are going to be able to pay them. The regular Joe won't be able to keep up. This is what p!sses me off and yet Obama said he was all about the middle class. He wasn't going to make the rich richer. He was going to help the middle class. Yeah yeah......liar liar pants on fire.
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I am, however, for building that wall...
Along the Mason-Dixon Line!! 
Elvis may have left the building.....
But it is real hard to forget the damage he and his administration did (which will be ongoing for a REALLY long time) and I will make it my goal to make sure NO ONE forgets. History tends to repeat itself and I intend to do my best to inform so we don't elect another one like him. I am hoping the investigations into the activities of his administration do find resolution so his name will evoke revulsion in all who hear it. Burn 'em at the stake!
Thirty Dead in One Apartment Building
Thirty Dead in One Apartment Building |
Tuesday, August 30, 2005  |
BILOXI, Miss. — Joy Schovest swam for her life, fighting Hurricane Katrina's (search) storm surge and its angry winds, brushing aside debris and floating cars to reach higher ground.
Behind her, at least 30 of her neighbors in the Quiet Water Beach (search) apartments were dying, trapped in their crumbling two-story building as it was swept away with much of this Mississippi coast community Monday.
We grabbed a lady and pulled her out the window and then we swam with the current, said Schovest, 55, breaking into tears. It was terrifying. You should have seen the cars floating around us. We had to push them away when we were trying to swim.
The tragedy at the apartment building represented the biggest known cluster of deaths caused by Katrina. Mississippi Gov. Haley Barbour (search) said the death toll in the county where Biloxi is located could be as high as 80.
The only remaining evidence of the Quiet Water Beach apartments was a concrete slab surrounded by a heap of red bricks that were once the building's walls. A crushed red toy wagon, jewelry, clothing and twisted boards were mixed in with the debris. The four-lane road that separated the building from the beachfront was buckled and covered with rubble.
This is all that's left of my house, said nearby resident Jack Crochet, 56, shaking his head and looking at the rubble. It's never going to be the same. It's over.
The storm also inflicted a punishing blow to Biloxi's waterfront casinos, down the beach from the apartment building. The Grand Casino gambling barge and a second casino broke away from their moorings, ending up in a ditch now filled with water and slot machines.
Basically, it's a total loss, and that's in excess of $100 million to replace what was lost here, Bernie Burkholder, president and chief executive of Treasure Bay Casino in Biloxi, said as he walked around the casino property.
People examined the slot machines to see if they still contained coins, and looting broke out in other areas of Biloxi.
People are just casually walking in and filling up garbage bags and walking off like they're Santa Claus, said Marty Desei, owner of a Super 8 motel in Biloxi. I haven't seen anything like this in my whole life.
The lucky ones in the Quiet Water Beach apartment building and other vulnerable areas of Biloxi described a scene of pandemonium as they fled the rising water. When asked why they ignored evacuation orders, some said they did not think the storm would be that bad; others would not give a reason.
Apartment tenant Landon Williams, a 19-year-old construction worker, said he and his grandmother and uncle ran from the crumbling building as the storm hit. As they later swam through the swirling water and debris, we watched the apartments disintegrate. You could hear the big pieces of wood cracking and breaking apart.
He said the winds flung two-by-fours and drywall.
I lost everything. We can't even find my car, he said. I'm looking through this wreckage to see if I can find anything that's mine. If not, I'm moving on. I think I'll move on to North Carolina and do some work over there. I can't take it here anymore — not after this.
Williams said six of his neighbors in the building who remained behind also survived. As the second story collapsed, they climbed onto the roof and part of it floated away and they floated to a house that made it, he said.
Paul Merritt, 30, surveyed the damage in Biloxi with his 18-year-old wife and their 3-month-old son, Brandon. He said the water rose to the second story of his townhouse, which is less than a block off the beach.
I've never seen destruction of this magnitude, Merritt said. You see this stuff on TV and you hope that it never happens to you. Everything's gone.
Ida Punzo rode out the storm with a friend and two neighbors in her 130-year-old home on the beachfront in Biloxi. The first two floors of the old house were almost completely gone, but she survived.
It was a miracle, Punzo said. This place is held together with God's spit. We're not supposed to be alive.
He has all the building blocks of socialism in place...
the government is owning more and more shares in banking, car manufacturing...and as far as controlling the media, the majority of them are in his hip pocket anyway. Mesmerized with tingling legs. He doesn't have to exert control over them. They are happy to oblige. The mainstream media was all OVER the Bush administration to disclose who visited the white house, and you don't hear a PEEP out of anyone but Fox News when Obama does the EXACT same thing. And so many people STILL can't see the emperor has no clothes...LOL. Just pitiful it is. Socialized health care is on the way, and after he kicks in the taxes that he will have to so that the government doesn't go bankrupt he will have us all by the short hairs. I bet he sits in the oval office and laughs his tailend off about how EASY it was to fool so many....and boy did he. Hook, line and sinker!
Building of New Trade Center Starts (see article)
Without Fanfare, Building of New Trade Center Starts
Published: November 4, 2005
When are they ever going to start building the new World Trade Center?
Yesterday.
Thirty-nine years after the first concrete was poured into the first trench for the first telephone vault for the first trade center, carpenters built a 168-foot-long wooden trough in a gentle S curve through the south tower footprint at ground zero. From this sinuous sprout, Santiago Calatrava's PATH terminal and transportation hub will emerge.
Skip to next paragraph
![src=http://graphics8.nytimes.com/images/2005/11/04/nyregion/04rebuild184.1.jpg]()
Fidel Oliver/Port Authority
Carpenters prepared a wooden trough at the World Trade Center site Thursday.
Don't laugh; it's a milestone day, said Charles A. Gargano, vice chairman of the Port Authority of New York and New Jersey, which owns the trade center site and is building the $2.21 billion terminal over the next four years.
Until now, milestones at ground zero have tended to be ceremonial.
There was not a hint of ceremony yesterday. Prince Charles and Camilla, the Duchess of Cornwall, were nowhere to be seen in the 70-foot-deep pit. The Freedom Tower cornerstone of July 4, 2004, sat hidden under a blue plywood box.
But anyone looking out from a PATH train screeching around the corner into the temporary World Trade Center station would have seen a crew from the Beaver Concrete Construction Company of Brooklyn.
They're finally doing something with this big hole, said Anthony Martelli, one of the workers, standing inside the newly completed trough. It's about time.
It was Mr. Martelli's first day back at ground zero since early 2002, after a six-month tour cleaning up debris and pulling out pieces of steel. Yesterday, he was building again - he and Paul Klein and Frank De Guida and Robert Manella and Tonino Sacino.
Starting at 7 a.m., they built a trough 18 inches high and 6 feet 3 inches wide out of thick wood planks. Cagelike frames of steel reinforcing bars, or rebar, will be set into the trough beginning today. Then concrete will be poured over the rebar.
That will form the footing of a seven-foot-high concrete retaining wall. The wall will hold about four feet of fill, on top of which ballast will be laid for a temporary PATH track, No. 6, alongside the future Platform D, the fourth and westernmost platform.
Currently, there are five tracks among three platforms, two of which occupy a corner of the south tower footprint, as they did in the original station. Platform D would take up more space in the south footprint and a tiny bit of the north footprint.
Once Platform D and Track No. 6 are usable, in early 2007, other tracks can be taken out of service temporarily to allow construction of the permanent terminal while commuters are traveling through the tubes to and from New Jersey.
The construction manager is a joint venture of Parsons Brinckerhoff, which counts the first New York City subway line among its earliest achievements, and the URS Corporation. A general contractor is to be chosen in the next few months.
Icanda was the contractor in 1966 when the first concrete was poured, at West and Cortlandt Streets. John M. Kyle, the chief engineer of the Port Authority, threw in a silver dollar, a 100-lire coin from Italy, a 5-franc coin from France and a British penny.
Asked about the absence of fanfare yesterday, Anthony R. Coscia, the chairman of the Port Authority, said: I think people have become so jaded by the inordinate amount of ceremonies that have occurred at that site - disproportionate to what's actually happened - that I didn't want to add to that. This is about actually building.
There is a potential snag, however. A lawsuit filed last month by the Coalition of 9/11 Families seeks to halt the project on the ground that it violates a federal law requiring that historic sites not be used for transportation projects unless there are no feasible or prudent alternatives.
Anthony Gardner, one of the plaintiffs, whose brother was killed on 9/11, said the authority had never justified the need for Platform D.
Our focus has always been to ensure the maximum preservation and access to the remains of the footprints for the American people and future visitors to the site, Mr. Gardner said yesterday.
The Port Authority and the Federal Transit Administration have yet to answer the complaint, he said. A spokesman for the authority said it would not discuss pending litigation.
But Steven Plate, deputy director of the priority capital programs department, did talk about the authority's sense of stewardship as he inspected the site, pointing out that the tower footprints had been covered by polyethylene liners and 12 inches of stone fill to protect them during construction. We're very committed, personally and professionally, to preserving the site, he said. Eighty-four of our own perished here.
I don't want to sound melodramatic, but there is no monopoly on caring for the site. This is the Port Authority's home.
sorry - the man is not a pollworker - is a poll watcher and lives in the building - nm
x
I read on the link I posted that he lived in the building -
it said he lived there and had every right to be there. I am not sure where it is.
You won't pay more taxes
The fact of the matter is McCain's tax proposals are the same as Bushes - he wants to make the tax cuts for the rich PERMANENT. Therefore, the burden of taxes falls on the backs of the middle class. Yes, I worked for Children Services - by taking in foster children and adopting hard to place children the parents receive quite a few entitlements - that is true. (I'd rather work - I saw how hard it was to raise "damaged" children). I had a weekend foster child, as a single mother, with my own 2 children and custody of my neice and never applied for food stamps, medical care, etc. My husband took off and dodged state-to-state to avoid paying childsupport. How we managed, I guess it was just easier then. Obama's tax plan does not include YOU at your tax bracket - you will benefit from his plan - are you benefitting from Bush's? I know we aren't. I'm not asking for pity. 1 out of 3 people will get cancer. I paid for my disabiity insurance and I am still fighting for my benefits (they play games and lie to delay payments), so I will scrap aluminum and do whatever I have to in order to keep food on the table. I'm not lazy. I worked hard raising my children by myself, bought my own home and did not remarry until my kids were adults. I had to write to state representatives in order to get my insurance disability to MOVE. I have written my state representatives before when my ex-husband was dodging child support. I learned to lean Democrat while working at Children Services and also by all the things I learned in college. Those dem state reps helped me and even called me at work to ensure the Bureau of Support was doing their jobs. How can I argue with that? Please read the issues on both candidates and don't believe everything you hear on the news and read on this board. McCain's attack ads are lies and that's sad as we considered him when he ran against Bush. Now he is just another Bushie.
Taxes
mCcain gives back rich. Obama to give back to middle class. Simple as that. I have never attended any institute of higher lurnin so that makes me sure I am right. Too much knowledge a dangeris thingie.
More about taxes...
My personal taxes (single renter w/no dependents) WERE higher under Clinton, but there was only ONE reason for that: I was making a LOT MORE MONEY BACK THEN.
That's when my MT paycheck was at it's highest ever, about$40K per year. Since then, my income has gone down (thanks in large part to nobody in Bush's term in office doing diddly to stop the hemorrhage of our jobs out of the US & off to India, Pakistan, Philippines, etc.
And to make things worse, these same companies selling our livelihood down the river were getting REWARDED monetarily for doing so.
So now, I make half of what I made during the Clinton years. (About $20K/year, for doing about twice the work.) Retirement is now almost a virtual impossibility, thanks to the tanking of our stock-market-driven 401K not only after 9/11, but today as well.
I just hope, if we end up with 4-8 more years of this greed on Capital Hill, and throughout our nation's corporate world, that everyone gets used to paying for those who will have nothing. If I lose my job and/or health insurance, then I, too, will be contributing to the money-pit that hospital emergency rooms have become (and which is why they're closing one by one), because that's where I, too, will have to go for my medical care.
Taxes
McCain will raise taxes too. How else is he going to fund his wars? Not to mention Bushes bail out of his cronie Wall Streeters, never mind that those execs collected millions in bonuses before they ran the companies into the ground. We taxpayers are left to pick up the tab. If Obama sticks to his guns he won't raise taxes on MOST of us, certainly not me, as I don't come close to an income over $250,000 per year...wish I did, I'd be happy to fork over a few extra tax dollars.
taxes are taxes
you don;t get to chose where your money goes. Only United Way does that.
that would still be taxes... nm
x
Even more taxes for us
So Obama plans to let the Bush tax cuts expire. That equates to more $ from our pockets, just in a different form. If that's not bad enough, see below--and Snopes is leftist, so they wouldn't publish this unless it were true. They probably cringed as they posted it. Y'all must be making some huge bucks at MQ to want even more $ taken out of your checks. If so, then why all the griping about lost wages? Can't have it both ways!
Date: Monday, October 6, 2008, 12:00 PM
We could resolve this financial crisis by CLOSING the books on the fourteen listed programs..............WHERE IS THE CONGRESS???
Read this! It will open your eyes for sure!
Don't miss the Total at the bottom.
WONDER WHY YOU DON'T HEAR MUCH ABOUT THIS IN THE DEBATES. NONE OF THE
PEOPLE THAT RUN THE DEBATES (TV NEWORKS), WHO ASK THE QUESTIONS WILL
ALLOW THIS TYPE INFORMATION
TO GET OUT TO THE PUBLIC.
THE DEMOCRATS AND THE REPUBLICANS GO HIDE WHEN THESE QUESTIONS ARE
ASKED, WHY? WHAT COSTS MORE PER YEAR THAN THE IRAQ WAR?
Answer: Illegal Aliens Cause Massive Cuts For US Seniors. I hope the fo llowing 14 reasons
are forwarded over and over again until they are read so many times that the reader gets sick
of reading them. I have included the URL's for verification of the following facts:
1. $11 Billion to $22 billion is spent on welfare to illegal aliens each year. http://tinyurl.com/zob77
2. $2.2 Billion dollars a year is spent on food assistance programs such as food stamps, WIC, and
4. $12 Billion dollars a year is spent on primary and secondary school education for children here illegally
5. $17 Billion dollars a year is spent for education for the American-born children of illegal aliens, known as
10. The illegal aliens in the United States have a crime rate that's two-and-a-half times that of white non-illegal
11. During the year of 2005 there were 4 to 10 MILLION illegal aliens that crossed our Southern Border also,
as many as 19,500 illegal aliens from Terrorist Countries. Millions of pounds of drugs, cocaine, meth, heroin
12. The National Policy Institute, 'estimated that the total cost of mass deportation would be between
14. 'The Dark Side of Illegal Immigration: Nearly One Million Sex Crimes Committed by Illegal Immigrants
In The United States'. http://www.drdsk.com/articleshtml
Total cost is a whooping... $338.3 BILLION A YEAR!!!
If this doesn't bother you then just delete the message, but on the other hand, if it does raise the hair on
SEND THIS TO ALL YOU KNOW. THE ENTIRE POPULATION OF THE UNITED STATES NEEDS TO
KNOW THIS INFORMATION, UNLESS THEY DON'T MIND SHARING THEIR SOCIAL SECURITY WITH
ILLEGAL ALIENS WHO DIDN'T PAY A DIME.
LET US SHOW OUR LEADERS IN WASHINGTON 'PEOPLE POWER' AND THE POWER OF THE INTERNET.
IT DOESN'T MATTER IF YOU ARE REPUBLICAN, DEMOCRAT OR INDEPENDENT! KEEP IT GOING.
Taxes
Would I have a yearly capital gain of $250.000.--, I would GLADLY pay more taxes, actually only 3 percent more.
40% of that 95% DON'T pay taxes...
where is all the money coming from to pay for all of his programs?
Everyone has to pay taxes, sorry
That's the way it works in our society. It's been backwards for years with the rich getting all the breaks. If you make a lot, you pay more. What is wrong with that?
I doubt that YOU have to worry about it mtstar.
No, we don't need more taxes
but we're gonna get 'em anyway regardless of which one is elected. How else is that 700 bil bail-out gonna get paid back?
I pay taxes
and I need a break. I know plenty of others are in the same boat also. It's not like only rich people pay taxes. Come on now.
Many of those wealthy people have gotten there by taking advantage of lowly workers who can barely pay fundamental bills. How many times are people on this board bi+c#ing about working harder for less and our jobs going to other countries!
Have you tried to get a new job lately? Multiple rounds of testing and endless interviews to the point where you'd think you were trying to get a CEO position ... when in reality it pays barely over minium wage. pRIcEleSs!
Not all of us poor people aren't working hard or are blowing money on extravagance!
Taxes
Well, then, maybe you'll appreciate the tax break you will see under his administration.
Sin taxes.........sm
I understand the brewers' outrage, but "fair is fair." Smokers have been taxed out the wazoo on cigarettes and they are about to go up another $0.61 per pack as a means of paying for Medicaid. Personally, I don't think it is fair to tax any particular class of person based on their habits to fund government spending. What's next? A tax increase on knitting needles or perhaps scrapbook materials?
Regardless of where the taxes
come from (state or federal) they will still rise because of the cap and trade Obama wants to institute. IMO, still his fault because he said himself during his campaign that this would make energy costs skyrocket. He knows instituting cap and trade will raise costs for all consumers. Why do some people continually give Obama an excuse for everything. Nothing will ever be his fault. He is so perfect and wonderful and who cares if he does something that will end up raising prices on utilities, gas, groceries, etc. Not like are economy is suffering or anything or that people are barely getting by. But hey.....Obama is such a great guy...gosh darn it.
So maybe if we don't pay our taxes, the gov't. in
If so, count me in! This year the gov't. is probably only going to get a note from me saying to bill it to AIG. They can afford to pay my share.
Taxes......
Obama’s plan would raise fuel prices by 6% and power prices by 7% on average in 2012...
you think that ain't a tax? This is on the average U.S. citizen of which I assume you are one of? You don't mind paying more for your power so you can continue to work making less and less?
And that is just the beginning....
Taxes, foreclosures, the Dow...sm
Home sales and foreclosures are up!
I hope dems do raise taxes on the rich, the million dollar and up club. I am a supporter of the flat tax. 10% (or whatever number that makes sense) across the board. Even Bill Gates other mega millionares have said themselves that the tax breaks they have received of late are unneeded.
The Dow Industrial. Now, this to me is a joke! When you have a sister and friends lose their job due to factory downsizing. Two more factories completely move overseas for lower overhead costs leaving 500+ people with no jobs. Of course the companies' stock is doing good, but now I'll ask you what does that mean to regular Joes?
Unemployment. We are doing good on that. Most everyone who wants a job is able to find work in my city. May not pay much of anything, but there is work nonetheless.
taxes, foreclosures, the Dow...
The Dems will not raise taxes on the rich. In case you had not noticed, most of the Dems in Congress ARE the rich. I am also a proponet of the flat tax; however, the Dems will never pass that either because the very low income folks will squeal (stating 10% of 10,000 hits them much harder than 10% of several million for millionaires) and it is the very low income folks who keep voting the Dems in. although those same who will complain about 10% of $10,000 also get so muuch in aid they end up better off than most hard working middle class families because of entitlements, also a Dem product, that the Dems tax the rest of us (you included) to provide for these folks so they will continue to vote for the Dems. Pretty good for Dems when it works. Trouble is, it benefits the rich club Dems and pretty much shafts the rest of the Dems, and why they can't see that is a source of wonder for me. The Dems act like rich people are the only people that got tax cuts. I don't know about you, but I brought home more on my paycheck after the Bush tax cuts. I know that the marriage penalty removal helped a LOT of people. But the Dems want to roll that back, because that was a moneymaker for them to put out in more entitlements. You should really look into what is going on before deciding that more taxes are a good thing, because trust me, it will NOT be just on the millionaire club.
As to the Dow, you better hope it stays up. Because the Dow are all the companies all over this great nation who employ many of us. Factory downsizing was slowed way down by those horrid Bush tax cuts. Factory downsizing has happened since the beginning of time and will always happen. If the Dems roll back the Bush tax cuts, stand back. You can look forward to a lot more.
Yes, unemployment is at record lows. If Dems roll back the Bush tax cuts, look out. Because medium business, mom and pop businesses, small folks who employ a LOT of people in this country will have to cut back again. Look for it to rise if tax cuts rolled back.
Stealing taxes
Actually, I had the same thing happen. I know you're mad. So am I. But you absolutely must remember the core truth -- the reason you had a tax bill that was more than your fair share and more than you could come up with by April 15th in the FIRST place was because democrats are leaning on you to fund the vote-buying giveaways with YOUR labor, YOUR income which they believe to be theirs. You are supposed to thank democrats for what they LEAVE you with, not grumble that they enforce their sick idea of social justice and obligation on people who actually get up in the morning and go work. I did the math. I had some of their constituency who are sucking on the government teat live with me for a homeless few months. I will never do that again. We are rapidly approaching a point in this country where half the country is living free off the other half. This economy will collapse when more than half live off less than half. Meaning me. And you. Remember, that you will never qualify for any government benefits under democrats because you work. You will however, qualify for their giveaway program, just not as a givee. At least the Republican plan is to share the burden of common needs (roads, defense) and let people who work hard keep as much as possible. Don't get me wrong. I am no lover of that RINO capitulator our party is running. He's made good press and put forth his false front of courage and honor, but every time he has had a chance to take a stand since he got into politics, he has compromised with the socialists. Please don't forget -- Socialism has failed everywhere it's been tried and it always will. Nonconfiscatory capitalism works. Unfortunately, we don't have that in America anymore. But we do have socialism. All socialist economies eventually collapse to third world status unless they are coupled with a political system of tyrrany and fascism. Please don't vote for the communists.
PP comes out of our taxes. NOT a private org.
Why do you think so many taxpayers are sick of it? When does the "tax us til it bleeds stop?"
Go to www.barackobama.com/taxes/
A lot more information on his website....just look.
Go to www.barackobama.com/taxes/
This will answer your questions. Actually small-business owners will be given a tax credit. It's all on the website.
I TRIED ignoring them, but my taxes won't go away!
He will raise taxes for us all.
No way to set up these government programs of his without taking money from all of us.
So you're saying more dem taxes will help
xx
He HAS to raise taxes, no way around it
All those programs will not appear out of thin air. He will grow government bigger than ever...new departments, more employees for those departments, more of my tax money blown to heck and back. People actually believe ALL this can be done with TAX CUTS!! They are in total denial.
This man have voted REPEATEDLY to NOT NOT NOT cut taxes every darn time it has come up and has pushed for tax INCREASES. For those nonbelievers, all they gotta do is go look at his voting record. It's there for the scrutinizing.
Read his lips.....
He knows people are running scared and he can zoom in and steal their good sense with telling them he will cut taxes. BUT, as soon as he is in office, it won't happen and who will he blame then? Everybody but himself!!! He will not take any responsiblity for that either.
You need to get some education in taxes
Get off that poor people pity pot. I'm so sick of it. We know poor people when we see them and that AIN'T what Obama is talking about. He wants to give to anyone and everything that sits on their butts and takes from me already. And for those half of all Americans who pay NO taxes, he wants to give them free money, even though they pay nothing into the system.
Yea, right! Boy is that fair!
We all know where this money is going and I couldn't care less if you want to harp on things that do not represent him. He is not looking out for anyone but the ones he considers "oppressed". if there is any oppression going on in this country, it is coming directly from Obama, but those he stirs the pot trying to brew up all the racial undertones he continuously spews, he knows exactly what he's doing.
I pay out my butt for those so-called poor and believe me, after all the freebies they have more than my family has. They don't worry about healthcare, food, clothes, shelter....but we do.
The "poor" as you put it sit on their butts with their 10 children all week and then drag their feet down to the ER on Friday and Saturday nights to sit and get their free medical care for their chidren, because all of them now have a sniffle. Medicaid will pay for anything, including laziness.
THere is no hatred in her heart, just fed up. We have poor people in my family and we look out for each other; they have never taken a handout. We know the truly poor when we see them and the ones getting ALL THE WINDFALL money from ME....well, honey, they ain't poor.
Leaches maybe and "illegals" maybe, but the ones in my community ain't poor. They have NEW free homes and they are a h@ll of a lot better off than the really poor.
And lets not fool ourselves as to what ACORN is really all about. They have bought black votes with alcohol, tobacco, and God only knows what else. The people they drag up by the busloads to participate in absentee ballots, well, we all know those folks don't have a clue what is going on in this world and to be honest, they don't care.
Now, if ACORN tells them hey, look, you can get a black man in the Presidency, boy oh boy, and we'll give you stuff for that vote, well, what do you think those "poor" folks you are so concerned about are going to do.
ACORN is all about the "black" vote and lets not pretend otherwise. Please give some people credit for having a real brain with real common sense.
Yes, everyone will pay more taxes under Obama...
By Ned Barnett,
I confess. Senator Obama's two tax promises: to limit tax increases to only those making over $250,000 a year, and to not raise taxes on 95% of "working Americans," intrigued me. As a hard-working small business owner, over the past ten years I've earned from $50,000 to $100,000 per year. If Senator Obama is shooting straight with us, under his presidency I could look forward to paying no additional Federal taxes -- I might even get a break -- and as I struggle to support a family and pay for two boys in college, a reliable tax freeze is nearly as welcome as further tax cuts.
However, Senator Obama's dual claims seemed implausible, especially when it came to my Federal income taxes. Those implausible promises made me look at what I'd been paying before President Bush's 2001 and 2003 tax cuts, as well as what I paid after those tax cuts became law. I chose the 2000 tax tables as my baseline -- they reflect the tax rates that Senator Obama will restore by letting the "Bush Tax Cuts" lapse. I wanted to see what that meant from my tax bill.
I've worked as the state level media and strategy director on three Presidential election campaigns -- I know how "promises" work -- so I analyzed Senator Obama's promises by looking for loopholes.
The first loophole was easy to find: Senator Obama doesn't "count" allowing the Bush tax cuts to lapse as a tax increase. Unless the cuts are re-enacted, rates will automatically return to the 2000 level. Senator Obama claims that letting a tax cut lapse -- allowing the rates to return to a higher levels -- is not actually a "tax increase." It's just the lapsing of a tax cut.
See the difference?
Neither do I.
When those cuts lapse, my taxes are going up -- a lot -- but by parsing words, Senator Obama justifies his claim that he won't actively raise taxes on 95 percent of working Americans, even while he's passively allowing tax rates to go up for 100% of Americans who actually pay Federal income taxes.
Making this personal, my Federal Income Tax will increase by $3,824 when those tax cuts lapse. That not-insignificant sum would cover a couple of house payments or help my two boys through another month or two of college.
No matter what Senator Obama calls it, requiring us to pay more taxes amounts to a tax increase. This got me wondering what other Americans will have to pay when the tax cuts lapse.
For a married family, filing jointly and earning $75,000 a year, this increase will be $3,074. For those making just $50,000, this increase will be $1,512. Despite Senator Obama's claim, even struggling American families making just $25,000 a year will see a tax increase -- they'll pay $715 more in 2010 than they did in 2007. Across the board, when the tax cuts lapse, working Americans will see significant increases in their taxes, even if their household income is as low as $25,000. See the tables at the end of this article.
Check this for yourself. Go to http://www.irs.gov/formspubs/ and pull up the 1040 instructions for 2000 and 2007 and go to the tax tables. Based on your 2007 income, check your taxes rates for 2000 and 2007, and apply them to your taxable income for 2007. In 2000 -- Senator Obama's benchmark year -- you would have paid significantly more taxes for the income you earned in 2007. The Bush Tax Cuts, which Senator Obama has said he will allow to lapse, saved you money, and without those cuts, your taxes will go back up to the 2000 level. Senator Obama doesn't call it a "tax increase," but your taxes under "President" Obama will increase -- significantly.
Senator Obama is willfully deceiving you and me when he says that no one making under $250,000 will see an increase in their taxes. If I were keeping score, I'd call that Tax Lie #1. |
Three more tax Lies at the link: http://www.americanthinker.com.....ncrea.html
That is exactly what he said. He wants to raise taxes...
on those making $250,000 or more so he can give a check to lower income folks...and a modest tax cut (while letting the Bush tax cuts expire) to the middle class. Have you looked at what we are going to lose if he lets those tax cuts expire? A whole lot more than his little tax cut will make up. He also needs the added taxation to try to help pay for all he wants to do...
The checks he is going to dole out are NOT for everyone. And they will even go to people who pay NO taxes.
THAT is rewarding laziness. That is NOT trying to help people better themselves. Would it not be better to get them a JOB than a one-time gimme check??
Ken dra, your taxes went up in just 1 week??
Honest to goodness, in a democratic controlled state. When did the democrats come back in. You make absolutely no sense with the reasoning. Your dear repubs just sent you and your home down the drain, if anything. Why, why do you continue to bash the democrats when they have been out of office for 8 YEARS!!! It seems to me like you really just bit off more than you can chew and now you are having to pay for it. I had 3 homes, 2 rentals and my own personal, paid taxes on all 3 and honey, I had no money problems with them. Next time do your math and maybe you wont get caught in a situation you have made for yourself to start with.
With all the not paying of taxes going on...
I think maybe an audit of all politicians should be undertaken? LOL! Sheesh....then again....I'd hate to see actually how many of them are screwing us even more by not paying taxes. Yeeks!!!
BECAUSE THEY DON'T PAY TAXES for starters...
You don't want govt sticking it's nose in your churches' business but you'd stick your hand out for funding?
Oh, so he's raising taxes?
it won't be Obama, it will be your state and local govt with extra fees on your cell phones, internet, cable, gas, etc.........get it? State and local - not federal
Maybe if they ALL paid their taxes....
instead of hiding money in their freezers, offshore accounts and various tax shelters.......THEY ARE ALL GUILTY IN ONE WAY OR ANOTHER.
So you think protesting AGAINST more taxes
xx
You don't think those people know what MORE taxes
xx
$14 billion in taxes isn't even a
Certainly, no reason to legalize a dangerous substance, which is what pot is.
Let's reverse all the smoking restrictions and get all our kids hooked on cigarettes instead, if that's our logic. We'll make a lot more than $14 billion!
Stamp out tobacco and legalize pot. We're doing some real good thinking here.
And hey! You! Drop that Twinkie and put your hands in the air! Wipe those crumbs off your lips! This is the Fat Police you're dealing with, buster, and you're goin' downtown. Lookout boys! He's got a can of whipped cream under his shirt!
(Later, at home): Son, I'm so disappointed in you. Why can't you smoke pot like all the other kids?
Right! O says he will lower taxes, which is really
nm
So much for no higher taxes of
any kind for 95% of the American people. This is just going to kill the people who are already struggling to make ends meet. Not to mention the high prices that will come if they get cap and trade passed. Why don't people in Washington get this? All they talk about are the sacrifices that we are all going to have to make and they do nothing but keep spending. Where is the sacrifice on their end, huh? We need to fix this economy and stop the constant spending by our government.
I'm so sick and tired of this. I work to make money and they are just going to take more and more of what I earn. I've always been responsible with my money and have excellent credit but how I am going to continue to make ends meet if this keeps up? It is pretty sad when responsible people are scared this will bring them down as well. I guess the rich will just have to pay for everything because there won't be a middle class left the rate things are going.
What is going to change is more taxes.
Mayor Coleman is saying all of this because he needs to raise taxes and the only way he knows it will pass is if he uses scare tactics. Not exactly anything new - all politicians do it, but it's not the change we were all suposed to be seeing. And if you think it will stop at the local or state level, all I can do is remind you that the money has to come from somewhere and even the rich don't have that much money. Who's left?
I would much rather we be left to fend for ourselves - that's what we're supposed to be doing. I don't have a problem helping people out when they're down, but I do have a problem with my government forcing me to do it with my tax dollars. Especially when they don't even know where the money is going.
What is going to change is more taxes.
Mayor Coleman is saying all of this because he needs to raise taxes and the only way he knows it will pass is if he uses scare tactics. Not exactly anything new - all politicians do it, but it's not the change we were all suposed to be seeing. And if you think it will stop at the local or state level, all I can do is remind you that the money has to come from somewhere and even the rich don't have that much money. Who's left?
I would much rather we be left to fend for ourselves - that's what we're supposed to be doing. I don't have a problem helping people out when they're down, but I do have a problem with my government forcing me to do it with my tax dollars. Especially when they don't even know where the money is going.
Raising taxes
Obama saying raise taxes to pay for spending.
http://news.yahoo.com/s/ap/20090609/ap_on_go_pr_wh/us_obama_budget
Heads up on PA taxes
Everyone has to know about this. I posted this on the tax board and main board, too. If PA gets away with this, all states are liable to start doing it.
How desperate are the governors getting? PA sent out tax forms to everyone that bought cigarettes from a Native American reservation and they want their tax money. One woman in PA was hit up for over $4,800 and last week, they slapped a Sheriff's Sale sign on her property.
Now, my DH received a letter today. They want anyone in business who bought anything from out-of-state companies (office supplies, equipment, tools, etc.) that don't reciprocate taxes to PA, to pay up. This doesn't just apply to last year. This goes all the way back to 1981!!! Since when, since records do not have to be kept after a certain amount of years, how can they do this? DH doesn't have to worry about it that much. He usually always buys in PA.
I certainly do not have any receipts back to 1981 when I was an IC!
It's bad enough the governor is "threatening" to raise property taxes if he can't pass the higher income tax, but now this. I think our state government should stop the spending like he's always done. We're broke, yet he keeps handing out money.
What kind of government do you call this? More like communism than socialism. They can kiss my butt. I paid sales tax every year I was an IC since we had to charge clients 6% and had a client I didn't know was tax exampt. So they received almost $4000 extra from me, which my great financial advisor at the time did not deduct the extra off our income taxes.
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