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Obama to propose $1.5 trillion in new tax revenue

Boo Radley said:
Who are we speaking of? My briother in law makes 250 thousand a year, and he is not concerned that much about taxes. he still spends silly.

I make 100K, and I don't worry much about it.

You?
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I made 40 grand last year, after expense and paid a $7,000 tax bill. I can't afford to pay more taxes. And before you say anything, I'm a business owner and can't qualify for all those tax breaks that normal folks receive and now, Obama wants me to pay more taxes, while he's murdering the industry in which I make my living.
 
apdst said:
Recycling money doesn't work. :lamo

But hey! Keep preaching those plans that have already failed and see where it gets you.
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Interesting how liberals are so passionate about people not getting more take home pay, explain why? Anyone that believes that people keeping more of their own money is negative is foolish for that does stimulate the economy and thus jobs are created. Are you that hard core left that you want massive expansion of govt. and promotion of the Obama agenda?
 
apdst said:
I made 40 grand last year, after expense and paid a $7,000 tax bill. I can't afford to pay more taxes. And before you say anything, I'm a business owner and can't qualify for all those tax breaks that normal folks receive and now, Obama wants me to pay more taxes, while he's murdering the industry in which I make my living.
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"Compassionate liberals" really don't care about how much Obama hurts the people for it is all about feelings, not substance.
 
liblady said:
please link the new, onerous regulations on business since obama came into office. thanks.
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I'll give you two that I'm familiar with:

1. Safety harnesses are now required by any roofer working more than 6' above the ground. Any one that has ever worn a safety harness will tell you that they create more of a safety hazard than by not having one. Besides, every contractor I see would hit the ground before the harness caught because they leave a lot of slack in them so they can get their work done. If it was done correctly, harnesses would be required on roofs beyond a certain roof slope such as greater than 8:12.

2. The EPA now requires that all contractors renovating or repairing a house built before 1978 to be lead paint certified. It doesn't matter if they've tested the paint and found that it does not contain lead. They still have to send their men to an 8 hour course that costs $300 a person. Another way to increase the cost of doing business.
 
apdst said:
Who paid for those jobs?

Who paid for the jobs that Solyndra created? Oh, wait...
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So are you changing your tune that government cannot create jobs? Now you are moving the goal posts and asking new questions.
 
Conservative said:
"Compassionate liberals" really don't care about how much Obama hurts the people for it is all about feelings, not substance.
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The Libbos know that they can't make everyone rich, so they're working hard to make everyone poor. It's called, "social justice".
 
haymarket said:
So are you changing your tune that government cannot create jobs? Now you are moving the goal posts and asking new questions.
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The government didn't create those jobs. The private sector did.
 
apdst said:
I made 40 grand last year, after expense and paid a $7,000 tax bill. I can't afford to pay more taxes. And before you say anything, I'm a business owner and can't qualify for all those tax breaks that normal folks receive and now, Obama wants me to pay more taxes, while he's murdering the industry in which I make my living.
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Feel free to correct me if I am wrong, but are you not the person who got a big refund for an amount greater than you paid in last year or possible the year before that one?
 
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apdst said:
What about the people who aren't rich?

Ya'll keep saying, "millionares and billionares", but those aren't the only people that will be affected.
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pish. so what? a person making 250 k will be affected very little, really. it's the effective tax rate, silly.


Tax Rate Schedule X, Internal Revenue Code section 1(c)]
10% on taxable income from $0 to $8,500, plus
15% on taxable income over $8,500 to $34,500, plus
25% on taxable income over $34,500 to $83,600, plus
28% on taxable income over $83,600 to $174,400, plus
33% on taxable income over $174,400 to $379,150, plus
35% on taxable income over $379,150.
 
apdst said:
I made 40 grand last year, after expense and paid a $7,000 tax bill. I can't afford to pay more taxes. And before you say anything, I'm a business owner and can't qualify for all those tax breaks that normal folks receive and now, Obama wants me to pay more taxes, while he's murdering the industry in which I make my living.
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You must being doing something wrong to pay too much on 40K. When I was making that and less, I did better. And You might check with an accountant because here our business folks find all kinds of breaks (we help them here at the college). Also, Obama has suggested ways in which small business can reduce their taxes, you might look that up as well.
 
apdst said:
The government didn't create those jobs. The private sector did.
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Regarding the TVA jobs:- FDR's government created them. FDR's government passed laws creating them and funding them. Please read up with the two links I provided for your illumination and education.

The Tennessee Valley Authority (TVA) is a federally owned corporation in the United States created by congressional charter in May 1933 to provide navigation, flood control, electricity generation, fertilizer manufacturing, and economic development in the Tennessee Valley, a region particularly affected by the Great Depression. The enterprise was a result of the efforts of Senator George W. Norris of Nebraska. TVA was envisioned not only as a provider, but also as a regional economic development agency that would use federal experts and electricity to rapidly modernize the region's economy and society.
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As a supplier of electric power, the agency was given authority to enter into long-term (20 years) contracts for the sale of power to government agencies and private entities, to construct electric power transmission lines to areas not otherwise supplied and to establish rules and regulations for electricity retailing and distribution. TVA is thus both a power supplier and a regulatory agency. Today, TVA is the nation's largest public power company, providing electric power to over nine million customers in the Tennessee Valley. It acts primarily as an electric power wholesaler, selling to 156 retail power distributors and 56 directly served industrial or government customers. Power comes from dams providing hydroelectric power, fossil fuel plants, nuclear power plants, combustion turbines, wind turbines and solar panels.
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Gill said:
I'll give you two that I'm familiar with:

1. Safety harnesses are now required by any roofer working more than 6' above the ground. Any one that has ever worn a safety harness will tell you that they create more of a safety hazard than by not having one. Besides, every contractor I see would hit the ground before the harness caught because they leave a lot of slack in them so they can get their work done. If it was done correctly, harnesses would be required on roofs beyond a certain roof slope such as greater than 8:12.

2. The EPA now requires that all contractors renovating or repairing a house built before 1978 to be lead paint certified. It doesn't matter if they've tested the paint and found that it does not contain lead. They still have to send their men to an 8 hour course that costs $300 a person. Another way to increase the cost of doing business.
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yah.....i'm sure those safety harnesses put roofing companies out of business. lol.

lead certification? again, how completely onerous. i'm sure tha painters will go out of business. seriously, $300? and not everyone would have to be certified. come up with something better.
 
haymarket said:
Regarding the TVA jobs:- FDR's government created them. FDR's government passed laws creating them and funding them. Please read up with the two links I provided for your illumination and education.
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TVA jobs are government jobs. Did Carter "create" jobs when he started the Dept. of Education???
 
liblady said:
yah.....i'm sure those safety harnesses put roofing companies out of business. lol.

lead certification? again, how completely onerous. i'm sure tha painters will go out of business. seriously, $300? and not everyone would have to be certified. come up with something better.
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I should have known better than to post a serious reply to a partisan hack that has no knowledge of how business works.

You're dismissed.
 
Gill said:
I should have known better than to post a serious reply to a partisan hack that has no knowledge of how business works.

You're dismissed.
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lol......again, how are these regulations onerous? since you can't answer, it would seem that you've run away.
 
Gill said:
TVA jobs are government jobs. Did Carter "create" jobs when he started the Dept. of Education???
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thank you for agreeing that the TVA jobs were indeed government created jobs.

As to the department of ed - there are 5,000 employees there. And they too are government created jobs.
 
liblady said:
lol......again, how are these regulations onerous? since you can't answer, it would seem that you've run away.
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since you've never worn a safety harness, I wouldn't expect a serious answer from you. It's very hard to walk around with one on.

My point was that the regulations are useless. No roofing contractor wears a safety harness that would actually prevent him from being injured, they only wear it so that the OSHA inspector won't fine them. What good does that do.
 
Gill said:
since you've never worn a safety harness, I wouldn't expect a serious answer from you. It's very hard to walk around with one on.

My point was that the regulations are useless. No roofing contractor wears a safety harness that would actually prevent him from being injured, they only wear it so that the OSHA inspector won't fine them. What good does that do.
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the point is, no one is going out of business because they have to wear a safety harness. that's what we were discussing.
 
Conservative said:
Interesting how liberals are so passionate about people not getting more take home pay, explain why? Anyone that believes that people keeping more of their own money is negative is foolish for that does stimulate the economy and thus jobs are created.
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So you agree we should giving the money currently being doled out in corporate welfare to households to stimulate the economy and grow jobs? Cool
 
liblady said:
the point is, no one is going out of business because they have to wear a safety harness. that's what we were discussing.
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The point is that these regulations cost businesses money and do absolutely no good.

What's their purpose??
 
Frolicking Dinosaurs said:
So you agree we should giving the money currently being doled out in corporate welfare to households to stimulate the economy and grow jobs? Cool
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Most corporate welfare is corporations keeping more of what they earn and thus "we" aren't giving them anything that they haven't earned. Tax cuts mean more spendable income and allows people to keep more of what they earn. Liberals don't seem to understand that although I bet most of those are college kids here who are being fed total and complete bs.
 
Conservative said:
Most corporate welfare is corporations keeping more of what they earn and thus "we" aren't giving them anything that they haven't earned. Tax cuts mean more spendable income and allows people to keep more of what they earn. Liberals don't seem to understand that although I bet most of those are college kids here who are being fed total and complete bs.
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You might want to investigate corporate welfare more. I don't thiink you have it quite right. :coffeepap
 
Gill said:
The point is that these regulations cost businesses money and do absolutely no good.

What's their purpose??
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No good? None of them? Now that is something that really needs to be supported. I don't think it can be.
 
Boo Radley said:
No good? None of them? Now that is something that really needs to be supported. I don't think it can be.
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OK, I'll revise my comment........... They do almost no good. I'll concede that one person out of a hundred might get tangled in his harness enough to prevent a fall.

Happy now?
 
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