Bilers for Obama--Important notice!!

[horn813]

Well, I guess so!

 

[snowmobiler]

yep........obama

 

[horn813]

Just when I thought we were past all that crap..

 

[horn813]

But since we're still on the subject....

I think McCain's wife looks like a fembot off the Austin Powers movies....

 

[Wade]

Yeah, logic like, "a person making $250,000 is going to pay 39% tax and cost $97,000 a year." Or "This is going to kill small business!"

People need to look at what Obama is proposing. The $250,000 is compensation OVER that amount and he is going to increase the social security tax on amounts over that to 2 or 3 percent OVER that amount. Then, for people with TAXABLE INCOME over $349,700 he is proposing to put back in place Clinton's tax rate of 39.6% instead of 35%. And that is only on the TAXABLE INCOME OVER that amount. I personally know a person with compensation over $1,000,000 that is not in that tax bracket. It is called tax loopholes for the rich.

Now, for the small business part. Roughly 400,000 small business owners have over $250,000 a year in compensation and far less than that have taxable income over $349,700. There are roughly 30 million tax returns with small businesses in the nation. So, how will that kill small business? Now keep in mind, the majority of the businesses that make that amount are professional service or medical businesses. In most businesses, they hire or buy equipment/inventory not on their tax structure, but on the expected return they get from that employee or equipment/inventory. In my firm, if they hire a staff at $41,000, after medical and other benefits and adding in some for admin and such, the cost is $60,000. They bring in roughly $150,000 off that employee, so the net income is $90,000 for that transaction. Do you think they won't hire that employee because they have to pay an additional $4,500 in taxes to make $90,000.

How is that for logic and facts? Sorry, I am just one dumb liberal.

Obama wants to increase the top two tax brackets.
Anyone making more than $164k goes from 33% to 36%. He says this will somehow only effect people making $250K, I guess he will have to create another tax bracket.
Anyone making more tha $357k goes from 35% to 39.6%
Obama Tax Plan

You can call it a "return" if you want, but it will look a lot like a tax increase to me.

Obama has also proposed that anyone over $250K pay all social security and medicade taxes, so there's another 6.2 percent increase on all earnings back to $102K.
tax policy center

Are you starting to get the hang of this make a statement, back it up with a link?

He also wants people making over $250K to pay a higher capital gains tax.

 

[horn813]

How about panhandlers and beggers...will they be tax exempt?

 

[MTm7]

I wonder if you can still say douchebag?

horn813... see you can say it! kidding take it easy.

 

[horn813]

Man, I'm tired as... no wait, I know-fuk. I've been laughing for the last half hour reading this stuff. Good stuff, guys. I'm out...

 

[snowrdr]

Man, I'm tired as... no wait, I know-fuk. I've been laughing for the last half hour reading this stuff. Good stuff, guys. I'm out...

Hope that when you wake the Captain Obvious has come and tapped you on the head and said OBAMA is a loser.

 

[zsnowshredder]

Not only will we lose riding areas, but the extra money that we have all worked so hard to earn to have the toys we enjoy will be lost due to the extra income taxes that most family who have decent jobs will be affected by. Any family that earns near 250,000 annual will be paying 39% income taxes any one adding that up equals 97,500. All i know is we don't need a president that is just a good debator, we need someone that can get somethign done in the office, and obama is not that man.

If Obama get's in office I'll never get my turbo!

 

[2001400ex]

Obama wants to increase the top two tax brackets.
Anyone making more than $164k goes from 33% to 36%. He says this will somehow only effect people making $250K, I guess he will have to create another tax bracket.
Anyone making more tha $357k goes from 35% to 39.6%
Obama Tax Plan

You can call it a "return" if you want, but it will look a lot like a tax increase to me.

Obama has also proposed that anyone over $250K pay all social security and medicade taxes, so there's another 6.2 percent increase on all earnings back to $102K.
tax policy center

Are you starting to get the hang of this make a statement, back it up with a link?

He also wants people making over $250K to pay a higher capital gains tax.

The cap on Medicare is already gone. Here is the link to the SS plan.
http://www.barackobama.com/issues/seniors/
The second paragraph under the plan is exactly what I said above. Except they say 2 to 4 percent. And it does not roll back to $102,000.

Sorry, nice try.

And you say MAKING 357k. No that is TAXABLE INCOME (how many times do I have to capitalize). For all of you who don't know, taxable income is completely different than gross wages. I do not really make that much and I only have one kid, but my taxable income is roughly $50,000 LOWER than my compensation. It is called deductions. And those that make way more have really cool deductions. Like a business that cash flows but loses $100,000 a year on paper. That is like $35,000 income a year, for nothing.

Is that a good enough link for you? How does that foot in your mouth taste? Hopefully there was extra toe cheese!! LOL

 

[Priest]

Yup, and you Republicans would do anything in your power to win the election to keep control!!

I dont see a difference,democrats are trying everything to gain control.LOL

 

[MTm7]

The cap on Medicare is already gone. Here is the link to the SS plan.
http://www.barackobama.com/issues/seniors/
The second paragraph under the plan is exactly what I said above. Except they say 2 to 4 percent. And it does not roll back to $102,000.

Sorry, nice try.

And you say MAKING 357k. No that is TAXABLE INCOME (how many times do I have to capitalize). For all of you who don't know, taxable income is completely different than gross wages. I do not really make that much and I only have one kid, but my taxable income is roughly $50,000 LOWER than my compensation. It is called deductions. And those that make way more have really cool deductions. Like a business that cash flows but loses $100,000 a year on paper. That is like $35,000 income a year, for nothing.

Is that a good enough link for you? How does that foot in your mouth taste? Hopefully there was extra toe cheese!! LOL

kool-aid drinker for sure! after obama is elected and the high wears off there is going to be alot of people going to KAA... kool-aid drinkers anonymous. im sure that same little informative website also says that barry is going to cut taxes for 95% of people.... weird hows that happen when nearly 40% dont even pay taxes. near as i can tell obama and his whole campaign would rather tell a lie than the truth even when the truth sounds better.

it is your right to like obama and defend him as you see fit... i respect that. one question for ya... do you think obama has the best interest at heart for america and its posterity? by that i mean is he going to hold up the constitutional freedoms passed down to us irrespective of his ideology?

 

[2001400ex]

kool-aid drinker for sure! after obama is elected and the high wears off there is going to be alot of people going to KAA... kool-aid drinkers anonymous. im sure that same little informative website also says that barry is going to cut taxes for 95% of people.... weird hows that happen when nearly 40% dont even pay taxes. near as i can tell obama and his whole campaign would rather tell a lie than the truth even when the truth sounds better.

it is your right to like obama and defend him as you see fit... i respect that. one question for ya... do you think obama has the best interest at heart for america and its posterity? by that i mean is he going to hold up the constitutional freedoms passed down to us irrespective of his ideology?

Yes, I don't think Obama is going to take our guns, religion, or our sleds. On example of how a Democrats puts the best interest of America first, tax plan. When a Democrat raises taxes on the wealthy, that hurts them. Obama's tax return showed over $1,000,000 taxable income.

Now in all issues, of course not. Every politician has some part for their benefit. It is just a matter of how much.

 

[MTm7]

Yes, I don't think Obama is going to take our guns, religion, or our sleds. On example of how a Democrats puts the best interest of America first, tax plan. When a Democrat raises taxes on the wealthy, that hurts them. Obama's tax return showed over $1,000,000 taxable income.

Now in all issues, of course not. Every politician has some part for their benefit. It is just a matter of how much.

i appreciate your candor but in all due respect im done.

 

[MTm7]

a time line and some history

this is a good read on the time line and history that led up to our current bailout situation. obama was a key facilitator in the collapse and has made a key campaign strategy stating the opposite.

http://www.americanthinker.com/amil_imani/

Obamanomics
By Amil Imani

 

[2001400ex]

this is a good read on the time line and history that led up to our current bailout situation. obama was a key facilitator in the collapse and has made a key campaign strategy stating the opposite.

http://www.americanthinker.com/amil_imani/

Obamanomics
By Amil Imani

Yeah, that is a real bipartisan site!! Nice. I do like how anti-Obama people say he has done NOTHING in Congress, then now say he was a key facilitator in the collapse.

Just another flip flop by the Republicans. Just like Obama is a Muslin, but lets criticize Obama on his Christian pastor. You cannot have it both ways.

 

[kssnow987]

I dont see a difference,democrats are trying everything to gain control.LOL

Unless I'm wrong, the Dems have had control of the House and Senate for the last 2 years.

 

[Wade]

Unless I'm wrong, the Dems have had control of the House and Senate for the last 2 years.

Gaining full control would be having 60% vote.

 

[Wade]

The cap on Medicare is already gone. Here is the link to the SS plan.
http://www.barackobama.com/issues/seniors/
The second paragraph under the plan is exactly what I said above. Except they say 2 to 4 percent. And it does not roll back to $102,000.

Sorry, nice try.

And you say MAKING 357k. No that is TAXABLE INCOME (how many times do I have to capitalize). For all of you who don't know, taxable income is completely different than gross wages. I do not really make that much and I only have one kid, but my taxable income is roughly $50,000 LOWER than my compensation. It is called deductions. And those that make way more have really cool deductions. Like a business that cash flows but loses $100,000 a year on paper. That is like $35,000 income a year, for nothing.

Is that a good enough link for you? How does that foot in your mouth taste? Hopefully there was extra toe cheese!! LOL

So, does every person have that many deductions? Or are you just generalizing. I have very few deductions, almost none.

What exactly does 2 to 4 percent mean? I interpret that as ($250K - $102K) * 6.2% = which is around 4% of taxable income. There's so little substance to the statement, I have no idea what it means, and I bet you don't either. Your just regurgitating your crib notes.

I wondered why I couldn't find the medicare, he doesn't seem to directly address it, just throws it in with payroll taxes. Nice. Later he can tell us, he never actually said he wouldn't raise it. I seem to remember this being part of the payroll increase, I guess he flip-flopped.

Where do you see it say it doesn't roll back to $102K? I can't see that. I need a link, and paragraph. Must be getting old.

No foot here, I eat beef liberally.

The score, raise the rich from 35% to 39.6% = 4.6%, plus another 4% payroll. 8.6% total. Plus capital gains.