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Thread: Warren Buffett: Raise Taxes On The "Very Rich"

  1. #51
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    Re: Warren Buffett: Raise Taxes On The "Very Rich"

    Quote Originally Posted by pbrauer View Post
    I need to get my boots on.
    That's total bull**** and you know it. Democrats typically support Planned Parenthood, and Rupublican's typically don't.
    Oh I support PP-I worked there as a guard and escort. My family has given more than you will ever make to that place. But tell me, do you believe someone making only 10K a year can responsibly fund the care and raising of two children



  2. #52
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    Re: Warren Buffett: Raise Taxes On The "Very Rich"

    Quote Originally Posted by TurtleDude View Post
    Oh I support PP-I worked there as a guard and escort. My family has given more than you will ever make to that place. But tell me, do you believe someone making only 10K a year can responsibly fund the care and raising of two children
    Of couse not, unfortunely it happens.


  3. #53
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    Re: Warren Buffett: Raise Taxes On The "Very Rich"

    Quote Originally Posted by Gray_Fox_86 View Post
    So wouldn't it make more sense to not raise taxes any higher than they already are? And while doing that the government should cut half of its spending so that the other half can go to pay off the incredible debt that they built over the decades? Sure it might be hard for those who rely on the governmen to live on, but tough luck.
    Not to mention all of those businesses who rely upon their spending. And all of their suppliers. And all of their employees. And all of the businesses who rely upon their spending. And all of their suppliers. And all of their employees. This is why when Obama started to make cuts, GOP Congress members found out and went on a war path to stop his cuts.

    It's all fun and games...until it's my district you're cutting in.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

  4. #54
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    Re: Warren Buffett: Raise Taxes On The "Very Rich"

    Quote Originally Posted by apdst View Post
    No, I'm not wrong:
    Someone making 200k/year would see their taxes go up zero dollars. Do you understand how marginal tax rates work?

    Someone making $200,001 vs. someone making $199,999. First guy would see his taxes go up a few cents, second guy would not.
    Last edited by Deuce; 10-10-10 at 12:20 PM.
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

  5. #55
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    Re: Warren Buffett: Raise Taxes On The "Very Rich"

    Quote Originally Posted by Deuce View Post
    Someone making 200k/year would see their taxes go up zero dollars. Do you understand how marginal tax rates work?

    Someone making $200,001 vs. someone making $199,999. First guy would see his taxes go up a few cents, second guy would not.
    this lie again

    if that person has a salary of 200K their taxes go up because of the SS tax has no ceiling now

    if they have dividend income that income is taxed at their new bracket rather than 15%

    capital gains taxes go up at least 5%

    stop the disinformation



  6. #56
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    Re: Warren Buffett: Raise Taxes On The "Very Rich"

    Quote Originally Posted by TurtleDude View Post
    this lie again

    if that person has a salary of 200K their taxes go up because of the SS tax has no ceiling now

    if they have dividend income that income is taxed at their new bracket rather than 15%

    capital gains taxes go up at least 5%

    stop the disinformation
    If you've got something to back yourself up on the SS taxes, I'm happy to check it out because it's different than what I've read.

    The Tax Foundation - Obama Would Lift Social Security Earnings Cap, But At A Lower Tax Rate
    Under current law, income up to $102,000 a year is taxed for Social Security. Obama would create a "doughnut hole" by not imposing new Social Security taxes on income between $102,000 and $250,000.
    I haven't found anything that says definitively that the SS tax cap will go away.
    Last edited by Deuce; 10-10-10 at 12:31 PM.
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

  7. #57
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    Re: Warren Buffett: Raise Taxes On The "Very Rich"

    Quote Originally Posted by Deuce View Post
    If you've got something to back yourself up on the SS taxes, I'm happy to check it out because it's different than what I've read.

    The Tax Foundation - Obama Would Lift Social Security Earnings Cap, But At A Lower Tax Rate


    I haven't found anything that says definitively that the SS tax cap will go away.
    The Federal Insurance Contributions Act (FICA) (codified in the Internal Revenue Code) imposes a Social Security withholding tax equal to 6.20% of the gross wage amount, up to but not exceeding the Social Security Wage Base ($97,500 for 2007; $102,000 for 2008; and $106,800 for 2009 and 2010). The same 6.20% tax is imposed on employers. For each calendar year for which the worker is assessed the FICA contribution, the SSA credits those wages as that year's covered wages. The income cutoff is adjusted yearly for inflation and other factors.

    went up some since your study was published.
    the claim that taxes for someone making 200K will or have not gone up under Obama is not true



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    Re: Warren Buffett: Raise Taxes On The "Very Rich"

    Quote Originally Posted by TurtleDude View Post
    The Federal Insurance Contributions Act (FICA) (codified in the Internal Revenue Code) imposes a Social Security withholding tax equal to 6.20% of the gross wage amount, up to but not exceeding the Social Security Wage Base ($97,500 for 2007; $102,000 for 2008; and $106,800 for 2009 and 2010). The same 6.20% tax is imposed on employers. For each calendar year for which the worker is assessed the FICA contribution, the SSA credits those wages as that year's covered wages. The income cutoff is adjusted yearly for inflation and other factors.

    went up some since your study was published.
    the claim that taxes for someone making 200K will or have not gone up under Obama is not true
    You claimed the SS tax cap was being removed entirely, implying a large tax hike on people making $200K. Prove it.
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

  9. #59
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    Re: Warren Buffett: Raise Taxes On The "Very Rich"

    Quote Originally Posted by Deuce View Post
    You claimed the SS tax cap was being removed entirely, implying a large tax hike on people making $200K. Prove it.
    I am claiming obama wants to do that

    you were the one who claimed that someone making 200K a year won't see their taxes raised when Obama came into office

    that was a patent lie and I already proved that.



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    Re: Warren Buffett: Raise Taxes On The "Very Rich"

    Quote Originally Posted by TurtleDude View Post
    I am claiming obama wants to do that

    you were the one who claimed that someone making 200K a year won't see their taxes raised when Obama came into office

    that was a patent lie and I already proved that.
    Ok, I was off by whatever inflation adjustment is made to the FICA tax. My apologies for this MASSIVE ERROR. I suppose you're going to blame FICA on Obama?
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

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