GOP, tax groups criticize tax on rich

[babylonsister]

Isn't boner's concern for small businesses just touching? :eyes:

GOP, tax groups criticize tax on rich
By Jordy Yager
Posted: 07/11/09 04:27 PM


Republicans and tax groups are pushing back hard against the Democratic plan to fund a trillion-dollar healthcare overhaul bill by taxing wealthy Americans.

The opposition comes in response to Ways and Means Committee Chairman Charlie Rangel’s (D-N.Y.) announcement on Friday that the House next week will propose raising taxes on couples earning more than $350,000 a year to help pay $540 billion of the costs for healthcare reform.

Minority Leader John Boehner (R-Ohio) said the move could aversely affect small-businesses, since some business owners file tax returns with their professional income listed as their personal income.

“With unemployment nearing double digits nationwide, the last thing we need is a massive tax hike that will punish small businesses and cost even more American jobs,” Boehner said in a statement released Saturday.

Rangel outlined a proposal Friday that would impose surtax rates ranging from 1 percent to 3 percent on couples with annual earnings of $350,000, $500,000 and $1 million. Surtaxes are calculated by adding the relevant percentage to workers’ regular yearly tax bill.

more...

http://thehill.com/leading-the-news/gop-tax-groups-criticize-tax-on-rich-2009-07-11.html

[angstlessk]

1. Fine, let them move out of the country with all their billions..they can move to

England..oops they have health care using tax money..what about Canada..well..maybe Germany..or the Netherlands where the rich are not taxed at all? or are they? or how about CHINA..THE RICH ARE JUST HUNKY DOREY THERE..YES, LET THEM MOVE TO CHINA..only if they are crooks they COULD be hanged..oops...not a good idea after all?

[lindisfarne]

2. I am shocked, absolutely shock. I did not expect this reaction of them. nt

[Confusious]

3. Waaaaaaa

I am soooo sick of labor being taxed into poverty, but people sitting on their asses and collecting 10%, well we should protect that. BULLSHIT!

[Warren Stupidity]

4. I want to wake up every morning hearing repukes whining

about people making 350,000+ a year having to pay a bit more in taxes, like about what they were paying in 2000. Yes please, may I have another?

[Sherman A1]

5. My solution

tax the tax groups. Then let'em scream.

[safeinOhio]

6. Crazy Republican solution to pay for health care

Tax Cuts.

[Joanne98]

7. OH NOES !!!!!!!!!

:cry:

[abumbyanyothername]

8. And what percentage of the people Boehner is talking about are . . .

uh, doctors?

In my opinion, those would be the bulk of small business owners, filing as persons, who make over $350K/year.

So give a little back, boys and girls.

[safeinOhio]

11. I'll bet that it would be hard to find

any small business owners claiming over 350k after deductions and not incorporated with a LLC. Seems they could spend 3 or 4 hundred on a CPA.

[abumbyanyothername]

12. Well even if they are in an LLC

it could still be a single member LLC and as such, a non-entity for tax purposes.

[Odin2005]

9. And water is wet,what else is new?

Their solution for everything is tax cuts.

[Lone_Star_Dem]

10. Poor babies... They've the bitter taste of panic in their mouths.