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Thread: ‘Fiscal Cliff’ Could Put Millions of Taxpayers Into ‘AMT Shock’ [W:66]

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    Re: ‘Fiscal Cliff’ Could Put Millions of Taxpayers Into ‘AMT Shock’ [W:66]

    Quote Originally Posted by American View Post
    Your representatives do. Since my parents haven't had those issues, it probably means that many others haven't either, meaning the problem isn't the rule.
    You tried to accuse someone of voting for it. I guess since you voted for Bush twice you voted for more debt.

    Btw jus cause YOUR parents didn't see it doesn't mean it doesn't happen.

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    Re: ‘Fiscal Cliff’ Could Put Millions of Taxpayers Into ‘AMT Shock’ [W:66]

    Quote Originally Posted by American View Post
    Your representatives do. Since my parents haven't had those issues, it probably means that many others haven't either, meaning the problem isn't the rule.
    You tried to accuse someone of voting for it. I guess since you voted for Bush twice you voted for more debt.

    Btw jus cause YOUR parents didn't see it doesn't mean it doesn't happen.

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    Re: ‘Fiscal Cliff’ Could Put Millions of Taxpayers Into ‘AMT Shock’ [W:66]

    Quote Originally Posted by PirateMk1 View Post
    Nope just supplying articles for perusal on the subject. Me I think it be taxing FIRST taking SECOND. Thats me of course.
    That doesn't make sense to me. But I will read whatever you uncover.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: ‘Fiscal Cliff’ Could Put Millions of Taxpayers Into ‘AMT Shock’ [W:66]

    Quote Originally Posted by Boo Radley View Post
    That doesn't make sense to me. But I will read whatever you uncover.
    Tell us what sense the latest proposal from Obama, given by 'tax cheat' Giethner was anything but a contemptuous, disdain filled, slap in the face toward Republican's?

    Repub's should walk away.
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

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    Re: ‘Fiscal Cliff’ Could Put Millions of Taxpayers Into ‘AMT Shock’ [W:66]

    Quote Originally Posted by Fisher View Post
    They were just willing to put a lot into it apparently. In my area, the people who work at this particular plant have traditionally been paid about 2:1 to most blue-collar jobs in the area even when there were other big employers and people used to get production pay (not anymore though) beyond a certain amount where they could pick up a ton of bonus pay just by being solid consistent producers. Housing costs are pretty cheap too. My brother said he is too chicken to put money into some of the funds those guys still play because they will lose tons of money as easily as they make it and he doesn't have the guts to risk his entire retirement or even some of it. That was before the banking collapse, so they may be all broke for all I know now. It is not something I really have asked about in awhile He equated it to high-stakes poker though.
    I think your brothers' co-workers are pulling his leg.

    It doesn't matter much what they make or the cost of living in your area. The IRS caps 401(k) contributions at about $15K a year.

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    Re: ‘Fiscal Cliff’ Could Put Millions of Taxpayers Into ‘AMT Shock’ [W:66]

    Quote Originally Posted by Donahue View Post
    I think your brothers' co-workers are pulling his leg.

    It doesn't matter much what they make or the cost of living in your area. The IRS caps 401(k) contributions at about $15K a year.
    Maybe. Maybe they are SEP-IRA's or self-directed IRA's. IDK. He seemed to think they were legit. I have heard from other people there are some high-rollers working at that plant who were there on Day 1. Several were paid off a few years back to retire early because the newest employees are on a completely different wage/benefit plan than the older employees and it was cheaper in the long run just to throw anybody with seniority who wanted it $50K and whatever retirement benefits they have earned to walk away.

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    Re: ‘Fiscal Cliff’ Could Put Millions of Taxpayers Into ‘AMT Shock’ [W:66]

    Quote Originally Posted by j-mac View Post
    Tell us what sense the latest proposal from Obama, given by 'tax cheat' Giethner was anything but a contemptuous, disdain filled, slap in the face toward Republican's?

    Repub's should walk away.
    I think republicans are growth ass men, who have thrown a slap or three now and again. They can stand up come back with counter proposal, and a slap of their own if they think that will help. Poor fellows.

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    Re: ‘Fiscal Cliff’ Could Put Millions of Taxpayers Into ‘AMT Shock’ [W:66]

    Quote Originally Posted by Boo Radley View Post
    I think republicans are growth ass men, who have thrown a slap or three now and again. They can stand up come back with counter proposal, and a slap of their own if they think that will help. Poor fellows.

    Their offer was on the table...Obama is a child. I say walk away, and let Obama and Demo's take total blame for their disastrous outcome.
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

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    Re: ‘Fiscal Cliff’ Could Put Millions of Taxpayers Into ‘AMT Shock’ [W:66]

    Quote Originally Posted by j-mac View Post
    Their offer was on the table...Obama is a child. I say walk away, and let Obama and Demo's take total blame for their disastrous outcome.
    Oh please. We've watched republicans pout and obstruct for for years. We heard Bush tout his "capital" when he won a narrow election. So, this hyperbolic poor picked on republican act doesn't impress much.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: ‘Fiscal Cliff’ Could Put Millions of Taxpayers Into ‘AMT Shock’ [W:66]

    Quote Originally Posted by Boo Radley View Post
    Oh please. We've watched republicans pout and obstruct for for years. We heard Bush tout his "capital" when he won a narrow election. So, this hyperbolic poor picked on republican act doesn't impress much.

    Obama's plan is a joke. Ryan offered a plan last time we were at this juncture, and Obama invited him to a speech where Ryan thought he was going to hear some kind of counter, and instead his plan was publicly mocked, and Ryan called 'un-American'....

    Obama's budgets are a joke, and can't even get passed by Demo's in his own caucus...Then he mistakenly interprets a 2 or 3% victory as some kind of landslide mandate and spits out this kind of insulting proposal? Turn over congressional authority to oversee raising of the debt celling? Are you serious? Pfft....Nope, no, not nope, Hell NO!
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

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