"The crisis will end when fear changes sides" - Pablo Iglesias Turrión
"Austerity is used as a cover to reconfigure society and increase inequality and injustice." - Jeremy Corbyn
I must take a very similar stance..
I care not for categorying people into "classes"....something about this which, IMO, is not good..
As to the plumbing.....I feel that one is indeed "upper middle" as they do their own plumbing.....otherwise, its the poor house...lol
Those who claim "conservative and Christian", I wonder about...IMO, it cannot be both !
What would Jesus think ?
But, the '96 Saab and the '97 Honda do well for us.
Our auto manufacturers were destroying themselves a generation ago or so when they knew NOT the market and over paid both the worker and the executive.
I hope they have learned.
The maximum tax deductions for the rich under Obama is $100,000,000,000,000,000,000,000,000,000,000.00
The super rich LOVE OBAMA. He gives them hundreds of billions of dollars. Personally - literally personally - exempts them from having to provide their employees "ObamaCare" and gives them UNLIMITED tax deductions from their income.
Democrats LOVE the super rich and will give them anything and everything they want.
Who Democrats hate is the old couple that own the corner dollar store. They want them destroyed because they offer token competition to WalMart. Democrats love WalMart more than anything else on earth.
Higher Taxes For The Middle Class
First, for many middle-class families the size of Romney’s bucket is just too small. They would have less to deduct than they do today — meaning that tax payments would be higher.
For example, many middle-class households deduct not just mortgage interest but also property taxes and state income taxes.
Combine these costs together and it’s not hard to top $25,000. In other words the $25,000 in deductions and credits that Romney is talking about represent a cap,
the absolute maximum that a middle income family could shield from taxes.
It’s a way to reduce or eliminate the home mortgage deduction by another name.
Rich Folks Income Untouched
However, if your income comes largely from dividends, interest or capital gains there would be no tax on the money that flows through to you.
Now just look at your neighborhood. How many people on your street get a lot of their income from dividends, interest or capital gains?
Unless you’re street has a lot of mansions the betting is that few if any of your neighbors get the majority of their money from anything but their labor, whether their labor is teaching in school, running a computer, farming or fixing pipes.
Romney packages his tax proposal is a boon to the middle class.
In fact, many members of the middle class would see deductions fall and taxes rise while members of the Romney class would see lower taxes and fatter bank accounts because of his promised 20 percent general tax cut.
Will Romney’s Tax Plan End Your Mortgage Deduction? : Real Estate — Mortgage — Foreclosure — News — Commentary