Throw the bums out

georgedwilkinson said:
As mentioned earlier...it is a very small amount. I owe a lot and am not "trying to get away with it". And believe me, there are stiff penalties involved.

What nonsense.
Click to expand...
You're not bragging about buying a $250,000 company on one hand and claiming poverty on the other
You're right, utter nonsense George
 
Rich said:
You're not bragging about buying a $250,000 company on one hand and claiming poverty on the other
You're right, utter nonsense George
Click to expand...

That's kinda what caused this whole mess....
People living in "poverty" going out and buying $250,000 houses...
 
redneckgeek said:
That's kinda what caused this whole mess....
People living in "poverty" going out and buying $250,000 houses...
Click to expand...

That's what FOX news wants you to believe - poor black people buying homes has completely wrecked the global economy :rolleyes:
 
No. All Obama has said is that "he won't raise your taxes." I am not sure if he has reversed himself on Bush's tax cuts but by letting them expire will be the same as raising your taxes.

Per Joe the Plumber. I beg everyone to take note of it because this is what happens when you make the Democrats look bad. They (and the press) will rail against you even though this is the same person they are claiming they want to help.

So, now you have Obama and Biden laughing about what plumber makes 250k a year? If Joe buys the business, then I am sure he will be in that tax bracket. It doesn't take an idiot to figure out that if a small business has 6 employess and pays them 30k a year, thats 180k the biz is paying out. By the time you add business inputs in there plus taxes ... their gross sales better be above 250k to stay in business. Go ahead and play with the number of employees vs pay scale, you will see that there are many businesses exactly like this. The only people that are safe are the 1099's and very small businesses.

So who will be getting the shaft? The small businesses. The same people (that Joe represents) the Democratic candidates are smearing all over the front pages because the Republicans used him as an example for the people they want to help. It just provided an assist that Obama said what he said to him on camera.

So what if the guy doesn't decide to pay his taxes until the end of the year? You don't hear them railing on Rep Charlie Rangle (D) who owes on his taxes and this is the guy that has the top job on the Senate Congressional Tax Committee. I don't know many 1099ers that do pay their taxes until the last moment. I am outstanding every year because I might die in an accident before I have to pay them - I'd rather enjoy my money before I have to hand it over.

The Dems (and the press) are even railing that Joe's middle name is Joseph and it first name is Samuel in order to slander this guy. Funny they didn't rail on Obama about a middle name. Alot of people go by their middle name. Anything to dig on this guy and this is the same type of people they hope to help.

Remember this and remember your first amendment when you want to speak out about those in power or ask them questions that finally reveal specifics about what they want to do in this country.

At least now we know where the marxists and communist party stands. They are right, it's not about judgement, it's about philosophy. That is their philosophy, it's our judgement to decide if we let the country go in this direction.

I can only hope that is Joe, the small man like us, who's example they have castigated, smeared, and laughed at that takes down the very party that claims to want to help.

-dK
 
dk, exactly how many SMALL businesses make over 250k per year?
 
Alisa said:
That's what FOX news wants you to believe - poor black people buying homes has completely wrecked the global economy :rolleyes:
Click to expand...

Are you insinuating that all people living in poverty are black?;)

Besides, I haven't had cable for about 2 years, so Fox News is unable to influence my opinions. When I do watch the nightly news, it's usually CBS.
 
Does the company pay tax on the Gross or Net profit?:confused:
 
Alisa said:
He's got a calculator up on his website - why don't you go find out?
Click to expand...

The calculator wouldn't come up :( I'll have to try it from home. But just a quick perusal of his policy makes me think my taxes will go up when the Bush tax cuts expire, and Obama will give me a few credits that won't make up the difference.
 
redneckgeek said:
The calculator wouldn't come up :( I'll have to try it from home. But just a quick perusal of his policy makes me think my taxes will go up when the Bush tax cuts expire, and Obama will give me a few credits that won't make up the difference.
Click to expand...

Really? Try this link: http://taxcut.barackobama.com/
If not, I would be happy to calculate for you, what is your annual gross and your filing status?
Here are the ranges:
20k
30k
40k
50-75k
75k-100k
100k-150k
Should I keep going?
 
Alisa said:
If your retirement income is all tied up in the stock market, that is scary - what if the market crashes and all of the sudden you have no income? The stock market is no place for money that people depend on. Retirement should be social security, savings, IRA's in money market accounts, things like that that can't vanish at the drop of a hat.
Click to expand...

I've noticed that most old people have their money in bonds and some in preferred stocks.

Notwithstanding, are you sure that we should be taxing them on their retirement income while they are weak but not taxing them on their regular income while they are strong? Isn't that just an extension of the poor (weak old people) paying for the rich's (young healthy vibrant people's) taxes?

There is no right or wrong answer to me, I just want to know where you stand and you seem to be making a contradiction, unless you can explain what you meant a little better.
 
georgedwilkinson said:
I've noticed that most old people have their money in bonds and some in preferred stocks.

Notwithstanding, are you sure that we should be taxing them on their retirement income while they are weak but not taxing them on their regular income while they are strong? Isn't that just an extension of the poor (weak old people) paying for the rich's (young healthy vibrant people's) taxes?

There is no right or wrong answer to me, I just want to know where you stand and you seem to be making a contradiction, unless you can explain what you meant a little better.
Click to expand...

On the flip side, if 25-30% of your paycheck weren't going to the government for your entire working years, you would probably be able to save so much that paying taxes on your stocks wouldn't be that big a deal.
 
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