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If taxes for those below $250k is kept the same and over is increased to 39.6%

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LiberalFighter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-03-10 06:24 PM
Original message
If taxes for those below $250k is kept the same and over is increased to 39.6%
Someone making an additional $100k of taxable income they would pay an additional $4,600. WOW!! That is a big chunk of their income. I bet they could do a lot with that. Like hire 2 additional employees at $1.10 an hour without benefits and require them to supply their own uniform. :sarcasm:
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Creative Donating Member (831 posts) Send PM | Profile | Ignore Fri Dec-03-10 06:30 PM
Response to Original message
1. I don't know about you, but I don't have $4,600 that I can afford to let the government take.
I would rather throw it out in the middle of the street. (It would probably do more good that way).
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Duer 157099 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-03-10 06:32 PM
Response to Reply #1
3. You make over $350k per year and you can't afford $5k in taxes?
I feel SOOOOOOOO sorry for you! Not.
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mikekohr Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-03-10 07:35 PM
Response to Reply #1
5. Taxes are the Premiums Rich People Pay For Revolution Insurance.
The right wing crowd in this country hate the French because the French invented the guillotine.
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Creative Donating Member (831 posts) Send PM | Profile | Ignore Fri Dec-03-10 07:43 PM
Response to Reply #5
6. If that be the case, then rich people will surely be better served by
throwing their money into the streets.
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mikekohr Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-03-10 07:56 PM
Response to Reply #6
7. Rich People Are Better Served When A Democrat Is In The White House
They would be better off donating their money to Democrat candidates. If they toss it into the street much of it will wash into the gutters where Republicans live, who will then use it to "f" things up. Like they always have.

9 of the last 10 recessions occurred under Republican leadership: http://bureaucountydems.blogspot.com/p/history-of-recessions.html

Democrats Out Perform Republicans on Every measurable standard: http://bureaucountydems.blogspot.com/p/economic-record.html

Job Creation Craters Under Republican Leadership: http://bureaucountydems.blogspot.com/p/job-growth.html

Two things grow when Republicans are in charge, the National Debt and unemployment.
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Creative Donating Member (831 posts) Send PM | Profile | Ignore Fri Dec-03-10 08:48 PM
Response to Reply #7
8. I beg to differ; the people are better served when corrupt and power hungry politicians
Edited on Fri Dec-03-10 08:48 PM by Creative
are struggling with one another, rather than focusing their undivided attention on us.
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ThomCat Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-03-10 09:26 PM
Response to Reply #8
10. WTF?
That shows that you have either no knowledge of government, or else you don't care to know.

Government actually serves a purpose. In order to serve that purpose we want to minimize the corruption, and we want everyone to pay strict attention.

To assume that the people are best served by being ignored assumes that the people are best served be the absolute absence of government. That's anarchy. If you are an anarchist, this really isn't your site.
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Creative Donating Member (831 posts) Send PM | Profile | Ignore Fri Dec-03-10 10:26 PM
Response to Reply #10
13. You say, "we want everyone to pay strict attention..." Well, we can agree on that.
But surely you must know that just like Utopia, anarchy does not exist.

The reason that neither exist is because if it were possible to achieve an absolute balance of perfection, they would both be equal.












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ThomCat Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-03-10 10:40 PM
Response to Reply #13
14. Balance of perfection?
:wtf:

Okay, I get it. You're a middle school kid who just discovered political science. :eyes:

So long, kid.
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Creative Donating Member (831 posts) Send PM | Profile | Ignore Fri Dec-03-10 11:01 PM
Response to Reply #14
15. Well, then, so long....
:nopity:
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ThomCat Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-03-10 09:19 PM
Response to Reply #6
9. You are kidding, right?
If you really think that rich people don't gain a hell of a lot for every tax dollar they pay, then either you are incredibly young and just don't know any better, or else you're on the wrong site and deliberately choose not to know any better.
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Doctor_J Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-03-10 09:28 PM
Response to Reply #1
11. If you made $100K you would
after they "take" it, they hire police to keep poor people out of your neighborhood. The maintain roads so you can drive one of your 9 cars out on vacation. The pay firefighters who save your house in case one of the great unwashed slips through the gate to your neighborhood and sets it on fire. They hire airport security to keep "terrorists" off of your flight to the Cayman Islands to get money from your tax shelter.

I think you're probably looking for freeperville or fox nation.
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Duer 157099 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-03-10 06:30 PM
Response to Original message
2. $1.10 an hour?!?
Jeez, that's practically CEO salary where those jobs would go anyway.
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doc03 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-03-10 07:19 PM
Response to Original message
4. That may be true but we all know and have known the
Bush tax cuts will be extended well before the election.
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dkf Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-03-10 10:17 PM
Response to Original message
12. Additional $4600 adding up to $39600 plus state tax plus Medicare.
How many extra hours a week would you work to get that income? Maybe at some point you say it's not worth it, then the government doesn't get the 35% either, much less 39.6%
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rufus dog Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-03-10 11:11 PM
Response to Original message
16. I understand your point BUT
It is AGI over 250 k so to get there a person is making roughly 300k before deductions and a small business owner is about 50k more that that.

As for the point of your OP, you are correct $4,600 on an additional 100k is an afterthought. Now 46k of 460k makes you think, so go figure who the ones are pushing the buttons, because it ain't the small business owner with 500k of income.

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LiberalFighter Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-04-10 09:45 AM
Response to Reply #16
17. I did state taxable income. Taxable income is after all deductions and exemptions.
Or at least the way I look at it.
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