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Thread: Obama Announces Massive, Crushing Tax Hikes

  1. #91
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    Re: Obama Announces Massive, Crushing Tax Hikes

    Quote Originally Posted by TurtleDude View Post
    The scum that promoted the first income taxes said those were to be temporary as well
    And future Congresses made them permanent. Likewise, if you can convince Congress to make George Bush's tax cuts permanent, I wish you the best of luck.

    Quote Originally Posted by TurtleDude
    The dems want a society where they get the votes of the 75% that won't pay this tax and buy those votes with the wealth of the 25% that do.

    Atlas needs to shrug and let the looters starve.
    What a brilliant argument, full of sensible economic reasoning. *giggle*
    Last edited by Kandahar; 02-28-09 at 01:45 PM.
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    Re: Obama Announces Massive, Crushing Tax Hikes

    Quote Originally Posted by dragonslayer View Post
    When did Obama announce Massive, Crushing Tax Hikes?
    That depends how Aquapub defines "massive" and "crushing."

    Historically, the top marginal tax rates have been much, much, much higher. Sunsetting Bush's tax cuts bring us back to Clinton's top marginal 39.6%. Now, I am be trained in the business finance and accounting arts, but I could be wrong in thinking that 70% top marginal tax rates of the 70s and 91% of the 50s is much more than 39.6%, but I don't have a "published" book.

    Top US Marginal Income Tax Rates, 1913--2003 (TruthAndPolitics.org)

    So, Aquapub, is 39.6% > or < 70% and 91%?
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  3. #93
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    Re: Obama Announces Massive, Crushing Tax Hikes

    I'm sorry. "Massive" and "crushing" is still making me giggle every time I see this thread.
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    Re: Obama Announces Massive, Crushing Tax Hikes

    Quote Originally Posted by aquapub View Post
    This is madness. Obama has got to be denied a Congressional majority in 2010:

    Will kicking "the rich" (the small business owners who create all the jobs and already pay 60% of the taxes) while their down with one of the most gigantic tax hikes in U.S. history make what Barack "hope over fear" Obama constantly insists is the "greatest crisis since the Great Depression" better or worse?
    Small business owners are not "the rich". If you personally are subject to a massive, crushing tax hike, then you must be very, very rich.

  5. #95
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    Re: Obama Announces Massive, Crushing Tax Hikes

    Quote Originally Posted by WillRockwell View Post
    Small business owners are not "the rich". If you personally are subject to a massive, crushing tax hike, then you must be very, very rich.
    define very very rich
    Quote Originally Posted by EarlzP View Post
    Why would you not want to register your weapon?
    Quote Originally Posted by Celebrity View Post
    , as long as you can own one or fewer guns, your right to bear a firearm is not being infringed upon.

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    Re: Obama Announces Massive, Crushing Tax Hikes

    Quote Originally Posted by TurtleDude View Post
    define very very rich
    Well, considering the tax hike on income over 250,000 is progressive, it would not become what one could term "massive and oppressive" until it reached an annual income of about $10 million. Is that your category?

  7. #97
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    Re: Obama Announces Massive, Crushing Tax Hikes

    Quote Originally Posted by WillRockwell View Post
    Well, considering the tax hike on income over 250,000 is progressive, it would not become what one could term "massive and oppressive" until it reached an annual income of about $10 million. Is that your category?

    nope, I am in the 650-1.2m category. incometax is oppressive because it allows congress to pit net tax consumers against net tax payers. I pay half of my income to taxes. That is slavery.
    Quote Originally Posted by EarlzP View Post
    Why would you not want to register your weapon?
    Quote Originally Posted by Celebrity View Post
    , as long as you can own one or fewer guns, your right to bear a firearm is not being infringed upon.

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    Re: Obama Announces Massive, Crushing Tax Hikes

    Quote Originally Posted by TurtleDude View Post
    nope, I am in the 650-1.2m category. incometax is oppressive because it allows congress to pit net tax consumers against net tax payers. I pay half of my income to taxes. That is slavery.
    If you're really paying that much, you need a better accountant.

  9. #99
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    Re: Obama Announces Massive, Crushing Tax Hikes

    Quote Originally Posted by TurtleDude View Post
    nope, I am in the 650-1.2m category. incometax is oppressive because it allows congress to pit net tax consumers against net tax payers. I pay half of my income to taxes. That is slavery.
    Thats why there should be flat taxes. Everyone should pay the same %, while the total tax burden should go up to afford your expenditures, while at the same time expenditures would have to be decreased to avoid average flat tax of monstrous levels.
    Europe is illegally occupied by the US

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    Re: Obama Announces Massive, Crushing Tax Hikes

    Time to start boycotts and only buying from stores that refuse to pay tax until **** is fixed. Money is all they know. Must play the arena with munnneyz.
    Is society was made of coral our world would be floral.

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