RealTalk: Your President Wants To Raise My Taxes to Close to 60%

[ninjahood]

this chart is funny..... makin 80k a year and having no health insurance?

 

[lazyj10]

Originally Posted by Nawth21

Originally Posted by JustScoreda100

at the people in here acting like they are not gonna be next. It'll start with the rich but, don't act brand new when you realize that the cost of heating your home, filling your tank and buying groceries increases.

The majority of people who make over 250k a year own small business and where the government cuts income by taxing, small business owners in hard times will save income by firing employees.

at you people saying the rich deserve to be taxed more. I don't plan to be broke all my life and plan to work hard as hell to make a 6 figure salary. Why should anyone get taxed more just because they worked harder/smarter than the average individual?

Originally Posted by Nawth21

Not something I'll ever have to worry about.

I'm supporting 2 people on 30K and never plan on making 6 figures. I get it, it all trickles down. But being in the top 1% just isn't in my future. It's tongue in cheek, in other words.

Didn't you say in another thread that you were most likely (or your husband) going to receive a sizable inheritance? Without proper estateplanning, that vehicle will be lifted upside down and shaken out for damn near all its money.

 

[mangudai954]

Edit: I take back what i said

 

[justscoreda100]

Originally Posted by Nawth21

I'm supporting 2 people on 30K and never plan on making 6 figures. I get it, it all trickles down. But being in the top 1% just isn't in my future.

To each his own, but people who don't strive to be as successful as possible boggle me. Yea, I hear all that "there's more to life thenmoney" but that's really just %##%@++%. My parents came to this country broke went to school, supported 6 kids, and because of their hard work makewell over 6 figures combined. There are just too many opportunities in this country to be content with not being financially secure.

 

[i be john mayer]

Originally Posted by Joseph Camel Jr

Originally Posted by I Be John Mayer

I'm all for the top 1% paying for everything.

Obviously if you're only making 350k a year you're not top 1%, so I do disagree with how steep the terms seem to be.

But if you're in that top 1%, I would not shed a single tear for you to pay 1.5 billion a year in tax if you make 3 billion, or even 150 million a year if you make 300 million.

Why dude? It's not enough to say "well they can afford it, etc." The government should never be entitled to half of someone's income, not even close.

Because the top 1% owns about half the country. If they don't at least lead the way for the rest of the top 20% who own about 90% of the country to bewilling to pay more than their subjects (yes, sujects, 80% of the country basically works for and owes their living to them) then how else would these thingssuch as helathcare, childcare, education, food and clothing for those who can't afford it, etc. get paid for?

The problem is that the top 20% simply doesn't care about how those things would be paid for because (here's what you don't wanna hear) they canafford it. The question of education of healthcare does not affect them because they can get a good doctor and send their child to a good school. Why do youthink so many conservatives think that punishing public schools for poor performance is a good idea? It's actually the worst idea possible becaueyou're only punishing kids who have no alternative. If a school is doing poorly in academics or graduation rates, wouldn't you think they need MOREfunding? Wouldn't they need MORE resources and a change in faculty, as opposed LESS funding and a fear of teaching unions? This goes for both dems andreps as well.

Bottom line is this: Does the ruling class want to be a benevolent body or an apathetic one? Sooner or later republicans will not be able to convince regularpeople that they are part of the group that they are representing, and this will be the final blow. I'm no socialist, becaue that would entail alot morethan a single payer healthcare system. But c'mon. I can't speak for Obama but for me it's bigger than healthcare, which should be a standard likelaw enforcement, mail delivery, and education.


Does a stockbroker work harder than a construction worker?

Does a dentist work harder than an auto mechanic?

Does a lawyer work harder than a garbageman?

Seriously, some of you people sound sick in the head. I'm about to wrap up my undergrad studies and go to law school, and i've worked as a garbagemanand I can tell you that is some of the hardest work I've ever done. 12 hours straight of lifting heavy stuff in the head riding on the back of a truck. There is nothing that would make me think that simply because i was LUCKY enough to gain the education i can get that all of a sudden I work harder than theguy who collects trash. That is the fatal flaw in your logic.

How are you gonna stoneface someone for supporting two kids on 30k a year? That's disgusting, and shows that you have a disdain for those not in thefinancial situation you are. That is straight up and down sad and elitist. I hope to god i never become someone like that and I will make sure my childrenwill never adopt that sort of ideology.

For shame for thinking that you are better thansomeone based on what they make. That is shameful.

 

[nawth21]

Originally Posted by ProduccionFrescos

Originally Posted by Nawth21

Originally Posted by JustScoreda100

I'm supporting 2 people on 30K and never plan on making 6 figures. I get it, it all trickles down. But being in the top 1% just isn't in my future.

[color= rgb(255, 0, 0)]Wow. Are you happy with what you do?[/color]

I'm extremely thankful I have a job that has excellent benefits and pays well enough to support my husband and I. It's not ideal, but I'm happy. It's not what I want to do, career wise. However, my dream job pays even less than what I do right now

(zoo keeper). I live in MN, I can buy a killer house for under 100K in the neighborhood I want, so it's a low COL area, 6 figure jobs aren'texactly common. Money isn't everything

Didn't you say in another thread that you were most likely (or your husband) going to receive a sizable inheritance? Without proper estate planning, that vehicle will be lifted upside down and shaken out for damn near all its money.
It's a possibility, yes, but I'm speaking solely about income from a job.

To each his own, but people who don't strive to be as successful as possible boggle me. Yea, I hear all that "there's more to life then money" but that's really just %##%@++%. My parents came to this country broke went to school, supported 6 kids, and because of their hard work make well over 6 figures combined. There are just too many opportunities in this country to be content with not being financially secure.
That's fine, but success doesn't always equate to 6 figure jobs. I'm not content with not being financially secure, who would be? But I won't regret the life I live if I don't hit 6 figures.

 

[lazyj10]

MN property taxes are the devil.

Since you have benefits, don't forget to include that as part of your salary package.

 

[kickinheadz1010]

BTW.... he's their president.

 

[otis dont play that]

Yea here in MN the property taxes are

but you honestly can find decent homes for under 75k. In cali the same home would be 350 plus.



We all going to make it.

 

[nawth21]

yeah but for the time being, I'd still qualify for the property tax rebate. That's what happens when you don't have state sales tax on certainitems. Not that home ownership is in my immediate future or anything, but at least it will be a possibility for us down the road. Sometimes real lifedoesn't follow the plans you had hoped for, you know?

and I'm not naive, I know taxes will rise and I don't have an issue paying higher taxes (either state or federal). Sometimes it's necessary.

 

[calypso chanta]

u wanna hook me up with a job HOVkid?

 

[wawaweewa]

Originally Posted by I Be John Mayer

Originally Posted by Joseph Camel Jr

Originally Posted by I Be John Mayer

I'm all for the top 1% paying for everything.

Obviously if you're only making 350k a year you're not top 1%, so I do disagree with how steep the terms seem to be.

But if you're in that top 1%, I would not shed a single tear for you to pay 1.5 billion a year in tax if you make 3 billion, or even 150 million a year if you make 300 million.

Why dude? It's not enough to say "well they can afford it, etc." The government should never be entitled to half of someone's income, not even close.

Because the top 1% owns about half the country. If they don't at least lead the way for the rest of the top 20% who own about 90% of the country to be willing to pay more than their subjects (yes, sujects, 80% of the country basically works for and owes their living to them) then how else would these things such as helathcare, childcare, education, food and clothing for those who can't afford it, etc. get paid for?

The problem is that the top 20% simply doesn't care about how those things would be paid for because (here's what you don't wanna hear) they can afford it. The question of education of healthcare does not affect them because they can get a good doctor and send their child to a good school. Why do you think so many conservatives think that punishing public schools for poor performance is a good idea? It's actually the worst idea possible becaue you're only punishing kids who have no alternative. If a school is doing poorly in academics or graduation rates, wouldn't you think they need MORE funding? Wouldn't they need MORE resources and a change in faculty, as opposed LESS funding and a fear of teaching unions? This goes for both dems and reps as well.

Bottom line is this: Does the ruling class want to be a benevolent body or an apathetic one? Sooner or later republicans will not be able to convince regular people that they are part of the group that they are representing, and this will be the final blow. I'm no socialist, becaue that would entail alot more than a single payer healthcare system. But c'mon. I can't speak for Obama but for me it's bigger than healthcare, which should be a standard like law enforcement, mail delivery, and education.

What are you talking about.

The greatest problem with health care in the US is the massive fraud within the system. That massive fraud occurs mainly because of Medicare/Medicaid; agovernment program.
If the Feds tackled the problem of fraud, the system would be more than fine as it is. Instead they're trying to pump more money into the system tofacilitate the fraud.

It's truly funny and yet disgusting at the same time. There is such massive fraud in the current system but the Feds never talk about it.
I wonder why.

 

[lazyj10]

Since I'm in the midst of planning my wedding with my fiance, yes, I do agree.

I'm familiar w/ MN for the most part since one our clients is based out there. You can get the house for cheap, but you still are out of pocket on theproperty tax until you get refunded.

I'd rather have the ability to deduct it on my fed/state income tax forms if I'm going to be out of pocket. Then I keep more income per paycheck.

Plus, through prop 13 I like knowing that for the most part, 1% of my purchase price is going to be my basis of property tax. This constant assessment crap issilly.

 

[eaalto]

Who is John Galt?

 

[wawaweewa]

Many Americans love living off of another person's dime.
That's the gist of it.

There are major wealth disparity problems nowadays but this is not the way to fix it.

The correct solution actually involves a bit more than class warfare but most Americans are either too lazy or too ignorant.

 

[nawth21]

Originally Posted by LazyJ10

Since I'm in the midst of planning my wedding with my fiance, yes, I do agree.

I'm familiar w/ MN for the most part since one our clients is based out there. You can get the house for cheap, but you still are out of pocket on the property tax until you get refunded.

I'd rather have the ability to deduct it on my fed/state income tax forms if I'm going to be out of pocket. Then I keep more income per paycheck.

Plus, through prop 13 I like knowing that for the most part, 1% of my purchase price is going to be my basis of property tax. This constant assessment crap is silly.

Aw congrats! If she goes Bridezilla, just smile and nod. It'll pass. Yeah I know what you're saying with the deductions, I'd be muchbetter off that way, I'm terrible with rebates/refunds. I just want to blow it on silly crap but you live with the good and bad. I'm just thankful Ican pay the bills and have food on the table and we have health insurance. One day it will get better, but until then you take it as it comes

 

[blackfalcon23]

Some NTers have some of the most unrealistic expectations regarding their future.

The vast majority of us will never have jobs paying $100k a year.

30k is an average salary which tons of people live happily on.

If you ever make $100k a year, you're basically making over twice the average person.

The average person doesn't make 100-200-300-400-500k, 1 mil a year.

Someday you guys will realize you're probably not going to either, despite how much you'd like to think if you just "stay on your grind" thatyou will.

 

[i be john mayer]

Originally Posted by wawaweewa

Originally Posted by I Be John Mayer

Originally Posted by Joseph Camel Jr

Originally Posted by I Be John Mayer

I'm all for the top 1% paying for everything.

Obviously if you're only making 350k a year you're not top 1%, so I do disagree with how steep the terms seem to be.

But if you're in that top 1%, I would not shed a single tear for you to pay 1.5 billion a year in tax if you make 3 billion, or even 150 million a year if you make 300 million.

Why dude? It's not enough to say "well they can afford it, etc." The government should never be entitled to half of someone's income, not even close.

Because the top 1% owns about half the country. If they don't at least lead the way for the rest of the top 20% who own about 90% of the country to be willing to pay more than their subjects (yes, sujects, 80% of the country basically works for and owes their living to them) then how else would these things such as helathcare, childcare, education, food and clothing for those who can't afford it, etc. get paid for?

The problem is that the top 20% simply doesn't care about how those things would be paid for because (here's what you don't wanna hear) they can afford it. The question of education of healthcare does not affect them because they can get a good doctor and send their child to a good school. Why do you think so many conservatives think that punishing public schools for poor performance is a good idea? It's actually the worst idea possible becaue you're only punishing kids who have no alternative. If a school is doing poorly in academics or graduation rates, wouldn't you think they need MORE funding? Wouldn't they need MORE resources and a change in faculty, as opposed LESS funding and a fear of teaching unions? This goes for both dems and reps as well.

Bottom line is this: Does the ruling class want to be a benevolent body or an apathetic one? Sooner or later republicans will not be able to convince regular people that they are part of the group that they are representing, and this will be the final blow. I'm no socialist, becaue that would entail alot more than a single payer healthcare system. But c'mon. I can't speak for Obama but for me it's bigger than healthcare, which should be a standard like law enforcement, mail delivery, and education.

What are you talking about.

The greatest problem with health care in the US is the massive fraud within the system. That massive fraud occurs mainly because of Medicare/Medicaid; a government program.
If the Feds tackled the problem of fraud, the system would be more than fine as it is. Instead they're trying to pump more money into the system to facilitate the fraud.

It's truly funny and yet disgusting at the same time. There is such massive fraud in the current system but the Feds never talk about it.
I wonder why.

I hate to be a pessimist, but the fraud is going to happen no matter what, and it is tough to get coverage for alot of things because of the high possibilityof fraud i.e. worker's comp. when you look at the amount of people rightfully recieving assistance through medicare or their insurance company compared tothe amount of those commiting fraud, it's not even close. but when you make a worker's comp claim there is months worth legal and medical hoops tojump through so that you can get the minimum. my mom broke her kneecap in half at her job (she works for a beureau that runs things like Head Start, beforeand aftercare programs, etc.) and she had to sue for a settlement because of what her job's insurance company was going to put her through and the amountof time without sufficient pay it would have taken.

 

[lazyj10]

Originally Posted by Nawth21

Originally Posted by LazyJ10

Since I'm in the midst of planning my wedding with my fiance, yes, I do agree.

I'm familiar w/ MN for the most part since one our clients is based out there. You can get the house for cheap, but you still are out of pocket on the property tax until you get refunded.

I'd rather have the ability to deduct it on my fed/state income tax forms if I'm going to be out of pocket. Then I keep more income per paycheck.

Plus, through prop 13 I like knowing that for the most part, 1% of my purchase price is going to be my basis of property tax. This constant assessment crap is silly.

Aw congrats! If she goes Bridezilla, just smile and nod. It'll pass. Yeah I know what you're saying with the deductions, I'd be much better off that way, I'm terrible with rebates/refunds. I just want to blow it on silly crap but you live with the good and bad. I'm just thankful I can pay the bills and have food on the table and we have health insurance. One day it will get better, but until then you take it as it comes

Thanks. I just want to be on the honeymoon.

It's not even her, its our respective fams and all the BS..plus vendors, plus the word "wedding" adding $$$$$.

Back to the topic at hand....Hov needs to seriously pay for consultation if he can't figure it out himself.
Certain deductions are still out there and so is other planning.

Plan for your kids future, set up the tax deductible funds.

There are certainly ways to lower your tax basis, even in NYC. He obviously cares enough to point out what he feels the effective rate will be, so he shouldspend more time trying to decrease it.

 

[thytkerjobs]

Originally Posted by swizzc

Wait.... but.... you're rich so you need to pay for our healthcare!!!! You have to keep working because if you don't and stop spending all your hard earned money on us, there is no way this plan will work!

QFT

 

[briannnnn]

People were already trying NOT to get promotions that would've put them into that upper tax bracket just so they wouldn't have to pay these highertaxes.

 

[ricardo malta]

If you don't like it then get the #$$* out of America. There isn't a gun pointed at your %$%+*%$ head forcing you to live here. Too many people wannawine and complain instead of turning lemons into lemonade.

 

[i be john mayer]

Capitalism = Fuedalism without repsonsibility toward the serfs.

 

[orenthaljames]

So how are we going to get more money into the country if we don't raise taxes?

-The Juice

 

[justscoreda100]

Originally Posted by I Be John Mayer

Originally Posted by Joseph Camel Jr

Originally Posted by I Be John Mayer

I'm all for the top 1% paying for everything.

Obviously if you're only making 350k a year you're not top 1%, so I do disagree with how steep the terms seem to be.

But if you're in that top 1%, I would not shed a single tear for you to pay 1.5 billion a year in tax if you make 3 billion, or even 150 million a year if you make 300 million.

Why dude? It's not enough to say "well they can afford it, etc." The government should never be entitled to half of someone's income, not even close.

Because the top 1% owns about half the country. If they don't at least lead the way for the rest of the top 20% who own about 90% of the country to be willing to pay more than their subjects (yes, sujects, 80% of the country basically works for and owes their living to them) then how else would these things such as helathcare, childcare, education, food and clothing for those who can't afford it, etc. get paid for?

The problem is that the top 20% simply doesn't care about how those things would be paid for because (here's what you don't wanna hear) they can afford it. The question of education of healthcare does not affect them because they can get a good doctor and send their child to a good school. Why do you think so many conservatives think that punishing public schools for poor performance is a good idea? It's actually the worst idea possible becaue you're only punishing kids who have no alternative. If a school is doing poorly in academics or graduation rates, wouldn't you think they need MORE funding? Wouldn't they need MORE resources and a change in faculty, as opposed LESS funding and a fear of teaching unions? This goes for both dems and reps as well.

Bottom line is this: Does the ruling class want to be a benevolent body or an apathetic one? Sooner or later republicans will not be able to convince regular people that they are part of the group that they are representing, and this will be the final blow. I'm no socialist, becaue that would entail alot more than a single payer healthcare system. But c'mon. I can't speak for Obama but for me it's bigger than healthcare, which should be a standard like law enforcement, mail delivery, and education.

You have to stop thinking that people owe you something. The rich people of this country don't owe anybody jack **@+. I swear that's a lotof peoples problem. If you want something you have to go out and get it. If you stick your hand out waiting for someone to give you a hand out 9/10 your justgoing to get a high five.

I DONT NEED THE GOVERNMENT TO PROVIDE MEANYTHING!!!!!

Yea sure I use services the government provides me with such as grants, student loans, and public amenties but even with out these services I would stillsurvive and live the life I want. Public industry could easily fill the void. Government should stick to regulating public industry and ensuring freedom andliberty in this country.