They certainly must for so many MTs to be all atwitter over this plan. Fred Thompson said it perfectly last PM.
So those "moneybags" need to stop griping about MQ and how crappy it pays. You think you have less in your pockets now? You think this crap he's promising is free? How ignorant!
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Other related messages found in our database Just think of all the yummy taxes he pays.
He can share with us too!
you do know the rich pays 80 percent of the taxes?
and I'm far from rich, but being a self employed MT, you do know how much taxes I pay I am assuming? 40 percent. 40 PERCENT. 40 PERCENT OF MY INCOME THAT I WORK MY ASS OF FOR GOES TO TAXES!!! You think that should be raised? I make under 50K a year ... please give me a break, you're using the same talking points of the liberal party "only tax breaks for the rich" PLEASE. when my 600.00 stimulus check came for the first time in 10 years i got money back and i was jumping for joy! You can't tell me something like this post and expect me to believe it, cause i've lived it...
Obama's bailout pays 5.2 b to ACORN
http://www.newsmax.com/headlines/obama_bailout_bill/2009/01/27/175729.html
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.
Geez....do all your reserach and do the math
McCain would start new jobs, Obama new taxes.nm
x
Those are on tons of websites!
If anyone is going to get the money the goverment stole from me, I'd rather get it back in a grant than let those bloodsucking jacka@@es take any more of it!!! Heck, we're already giving it to illegals to the tune of millions and millions..........only it's called assistance (otherwise known as "pay for breaking our laws") and pay for all the illegals sitting in prisons.
What the chart shows is that Obama is going to raise taxes on the people....
who employ the people in the other brackets. Trickle down will not be beneficial. What is wrong with giving the middle class a break? They are already supporting most of the lower class anyway. THe lower class already pay next to nothing in taxes. Oh I forgot...economic parity, redistribution of wealth....good old Marxist values.
of course they don't! They makes tons of $$$$ going to Iraq
I live near a military base and they are falling all over each other to go to Iraq. once they go there they are set for life.
There are tons of homes on the market.
More homes for sale would bring the price down. The house would be appraised at a reasonable value. Only the sincere folks should be eligible.
Many were owned by private investors who bit off more than they can chew, trying to get rich fast.
My home went up in value by 120,000 from what I paid for it, to settle at $250,000. The guy across the street sold his for that and ours are identical. Now, it is back down to about 150,000. But that is cool cuz I got it for 80,000 (fixer upper). This is calif which means a lot.
I did try to refi twice - Central Valley Mtg offered me nothing but an ARM. He wanted me to take 20,000 of equity out (He said I needed a vacation). I turned it down. (I'm a Suze Ormon fan). He actually threw his pen across the desk when I told him.
Second time, the mtg broker offered me tiered payments, just principal first year, then a low interest rate the next and over 5 years, the interest rate sours. He wanted me to take 20 grand more out to invest in the stock market (lol). Then, refi before the huge interest rates kick in. I walked away on that. He did not even offer a fixed rate. When I requested it, he made it sound like it was out of the question.
Finally, went to WAMU (which is now JP Morgan...) and they refi'ed me with a fixed rate.
Also, with Obama's tax plan, even if you add the 3% he is talking about, that's what? Another 7500 - after you figure in your deductions, that ain't gonna be nothing.
And as far as their paying higher sales tax, that is a state tax - not a federal tax. And they choose to buy those more expensive items so that tax is their choice - they don't have to pay it.
MQ still pays more for ASR than other
companies. There was one company out there advertising 3 cpl for ASR. Their add said they need MTs who can "hit the ground running." It was on MTdaily a few days ago. There should be "ASR control" where they can't continue to lower our pay. Remember years ago when people voted for "rent control" and won? Time to sign those petitions for "ASR control."
That may be true about the rape kits, but I don't see any other mayor or former mayor saying that they are a maverick and running for VP.
The government pays for nothing....
...we have hired them to handle certain management tasks with OUR money.
We have grown too large to defend the country with just a militia. We have high-rise buildings and can no longer get by with volunteer fire departments. We need street crews because we have too much roadway, highways and freeways, and no longer can simply neaten up the road that runs past our property. We produce far too much trash to simply take it out back and burn it (if that were even still legal in some areas.) Some elements of modern life have grown just to large and complicated to handle on our own.
We have a system of compulsory schooling now that is doing SUCH a great job educating our children. Kids were far more literate and better educated when the bulk of their learning occurred in the home. Read anything written by John Taylor Gatto - Weapons of Mass Instruction is his most recent book - about the origins of public education.
I quote here what was in an earlier post: *If you think healthcare is expensive now, wait until the government gives it to you for free.* What the government dispenses, the government rations. Do you really want a government bureaucrat in control of whether you get surgery or some diagnostic test your doctor says you need? Bad enough you have to fight about it with your insurance company now. You really want to turn this over to the government? Really?
Even he see the unfairness here. Some conservatives are fond of saying that Democrats want to tax the wealthy unfairly, but what I would like to see is the wealthy taxed equally. "Mr. Buffett said that he was taxed at 17.7 per cent on the $46 million he made last year, without trying to avoid paying higher taxes, while his secretary, who earned $60,000, was taxed at 30 per cent." Here is the entire article. It's a great read. Trust me.
June 28, 2007
Buffett blasts system that lets him pay less tax than secretary
Warren Buffett, the third-richest man in the world, has criticised the US tax system for allowing him to pay a lower rate than his secretary and his cleaner.
Speaking at a $4,600-a-seat fundraiser in New York for Senator Hillary Clinton, Mr Buffett, who is worth an estimated $52 billion (£26 billion), said: “The 400 of us [here] pay a lower part of our income in taxes than our receptionists do, or our cleaning ladies, for that matter. If you’re in the luckiest 1 per cent of humanity, you owe it to the rest of humanity to think about the other 99 per cent.”
Mr Buffett said that he was taxed at 17.7 per cent on the $46 million he made last year, without trying to avoid paying higher taxes, while his secretary, who earned $60,000, was taxed at 30 per cent. Mr Buffett told his audience, which included John Mack, the chairman of Morgan Stanley, and Alan Patricof, the founder of the US branch of Apax Partners, that US government policy had accentuated a disparity of wealth that hurt the economy by stifling opportunity and motivation.
The comments are among the most signficant yet in a debate raging on both sides of the Atlantic about growing income inequality and how the super-wealthy are taxed.
They echo those made this month by Nicholas Ferguson, one of the leading figures in Britain’s private equity industry, when he criticised tax rates that left its multimillionaire venture capitalists “paying less tax than a cleaning lady”.
Last week senior members of the US Senate proposed to increase the rate of tax that private equity and hedge fund staff pay on their share of the profits, known as carried interest, from the 15 per cent capital gains rate to about 35 per cent.
Lloyd Blankfein, the chief executive of Goldman Sachs, acknowledged in an interview yesterday that there were justified concerns about the huge profits generated by private equity firms and that he worried that income inequality was “poisoning democracy”. He also said that he would be voting for the Democrat candidate at the next election. Mr Blankfein is the highest-paid executive on Wall Street, earning $54 million last year.
Mr Buffett, who runs the investment group Berkshire Hathaway and is widely regarded as the world’s most successful investor, said that he was a Democrat because Republicans are more likely to think: “I’m making $80 million a year – God must have intended me to have a lower tax rate.”
Mr Buffett said that a Republican proposal to eliminate elements of inheritance tax, which raises about $30 billion a year from the assets of about 12,000 rich families, would broaden the disparity between rich and poor. He added that the Republicans would seek to recover lost revenue by increasing taxes for the less prosperous.
He said: “You could take that $30 billion and give $1,000 to 30 million poor families. Or should you favour the 12,000 estates and make 30 million families pay an extra $1,000?”
I know I just took an inhouse job that pays me half what I make at home -
I am getting desperate to ensure that I have at least some income. My home-based job line counts are so low lately and I know it is because people are staying home. I am the only money maker in the family and I have to do something.
I am in college to get a degree to get out of this education, but have at least 3 quarters more before I am employable, and then who knows if I will be able to find a job then or not; with the way things are looking, more than likely NOT...
I wonder how it is going to help/hurt the economy and the illegal alien problem - I mean, will it make them go home or will they just draw more benefits off our government? If they go home, does that hurt or or help us?
WASHINGTON - The Republican Party says it still has a zero-tolerance policy for tampering with voters even as it pays the legal bills for a former Bush campaign official charged with conspiring to thwart Democrats from voting in New Hampshire.
James Tobin, the president's 2004 campaign chairman for New England, is charged in New Hampshire federal court with four felonies accusing him of conspiring with a state GOP official and a GOP consultant in Virginia to jam Democratic and labor union get-out-the-vote phone banks in November 2002.
The Republican National Committee already has spent more than $722,000 to provide Tobin, who has pleaded innocent, a team of lawyers from the high-powered Washington law firm of Williams & Connolly. The firm's other clients have included former President Clinton and Sen. Hillary Clinton and former Housing Secretary Henry Cisneros.
Republican Party officials said they don't ordinarily discuss specifics of their legal work, but confirmed to The Associated Press they had agreed to underwrite Tobin's defense because he was a longtime supporter and that he assured them he had committed no crimes.
"Jim is a longtime friend who has served as both an employee and an independent contractor for the RNC," a spokeswoman for the RNC, Tracey Schmitt, said Wednesday. "This support is based on his assurance and our belief that Jim has not engaged in any wrongdoing."
A telephone firm was paid to make repeated hang-up phone calls to overwhelm the phone banks in New Hampshire and prevent them from getting Democratic voters to the polls on Election Day 2002, prosecutors allege. Republican John Sununu won a close race that day to be New Hampshire's newest senator.
At the time, Tobin was the RNC's New England regional director, before moving to President Bush's 2004 re-election campaign.
A top New Hampshire Party official and a GOP consultant already have pleaded guilty and cooperated with prosecutors. Tobin's indictment accuses him of specifically calling the GOP consultant to get a telephone firm to help in the scheme.
"The object of the conspiracy was to deprive inhabitants of New Hampshire and more particularly qualified voters ... of their federally secured right to vote," states the latest indictment issued by a federal grand jury on May 18.
The Republican Party has repeatedly and pointedly disavowed any tactics aimed at keeping citizens from voting since allegations of voter suppression surfaced during the Florida recount in 2000 that tipped the presidential race to Bush.
Earlier this week, RNC chairman Ken Mehlman, the former White House political director, reiterated a "zero-tolerance policy" for any GOP official caught trying to block legitimate votes.
"The position of the Republican National Committee is simple: We will not tolerate fraud; we will not tolerate intimidation; we will not tolerate suppression. No employee, associate or any person representing the Republican Party who engages in these kinds of acts will remain in that position," Mehlman wrote Monday to a group that studied voter suppression tactics.
Democratic Party Chairman Howard Dean on Thursday questioned Mehlman's commitment to the policy. "This is just another example of his say one thing, do another strategy. Ken Mehlman tells crowds his party is against voter fraud and intimidation, while in the backrooms he supports Republican officials who engage in these dirty tricks," Dean said.
Dennis Black and Dane Butswinkas, two Williams & Connolly lawyers for Tobin, did not return calls seeking comment. Brian Tucker, a New Hampshire lawyer on the team, declined comment.
Tobin's lawyers have attacked the prosecution, suggesting evidence was improperly introduced to the grand jury, that their client originally had been promised he wouldn't be indicted and that he was improperly charged under one of the statutes.
Tobin stepped down from his Bush-Cheney post a couple of weeks before the November 2004 election after Democrats suggested he was involved in the phone bank scheme. He was charged a month after the election.
Paul Twomey, a volunteer lawyer for New Hampshire Democrats who are pursuing a separate lawsuit involving the phone scheme, said he was surprised the RNC was willing to pay Tobin's legal bills and that it suggested more people may be involved.
The new development "really raises the questions of who are they protecting, how high does this go and who was in on this," Twomey said.
Federal prosecutors have secured testimony from the two convicted conspirators in the scheme directly implicating Tobin.
Charles McGee, the New Hampshire GOP official who pleaded guilty, told prosecutors he informed Tobin of the plan and asked for Tobin's help in finding a vendor who could make the calls that would flood the phone banks.
Allen Raymond, a former colleague of Tobin who operated a Virginia-based telephone services firm, told prosecutors Tobin called him in October 2002, explained the telephone plan and asked Raymond's company to help McGee implement it.
Raymond's lawyer told the court that Tobin made the request for help in his official capacity as the top RNC official for New England and his client believed the RNC had sanctioned the activity.
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.
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
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?
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