RE: Obama knows best

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tj444 -> RE: Obama knows best (4/8/2013 7:14:37 AM)
quote: ORIGINAL: LookieNoNookie Unfortunately, every President since Johnson has toyed with this calculation. See www.shadowstats.com for a more accurate portrayal of inflation pre Nixon. yes, I know Lookie.. my point was, Obama is going after everyone in whatever ways he can.. changing the "index" yet again will allow him to rip lotsa people off as the real inflation rate chews them up, financially speaking.. I find it sorta strange that people are debating what Obama is doing to "rich" people when at the same time he is sneeking up on them.. oh, well.. its not my country.. its Americans decision to accept this shite or not..

tazzygirl -> RE: Obama knows best (4/8/2013 7:31:48 AM)
He isnt "sneaking up" on anyone. The rest of us knew we would get screwed. We just demand the rich join the orgy as well.

tj444 -> RE: Obama knows best (4/8/2013 7:51:50 AM)
quote: ORIGINAL: tazzygirl He isnt "sneaking up" on anyone. The rest of us knew we would get screwed. We just demand the rich join the orgy as well. why meekly accept getting screwed? why continue to accept govt waste and outrageous spending? Americans blindly follow their govt and even when its dead wrong (like the Iraq war) they continue to support it.. if the American public had not supported the invasion & allowed to govt to go ahead then that one thing would have made an incredible difference to the US deficet.. imo, there are likely enough loopholes in this new change that will allow many rich to continue to get the tax dodge, for those rich that cant then there are lots of other ways.. there are always loopholes.. this like so much with govt, is smoke and mirrors..

tazzygirl -> RE: Obama knows best (4/8/2013 8:02:30 AM)
No one is meekly accepting. Its a given. It has to be done. Doesnt matter who was at fault for all this mess, its the public who will hurt to fix it.

Lucylastic -> RE: Obama knows best (4/8/2013 8:05:57 AM)
why meekly accept getting screwed? why continue to accept govt waste and outrageous spending? the question for all ages..... all goverrnments and all countries... it will never change..... the other parties are no better, and there isnt power to do it... the rich, the corps dont give a shit, the powerful have it....the rest of us are just tolerated ....its a poor facade

tj444 -> RE: Obama knows best (4/8/2013 8:15:59 AM)
quote: ORIGINAL: Lucylastic why meekly accept getting screwed? why continue to accept govt waste and outrageous spending? the question for all ages..... all goverrnments and all countries... it will never change..... the other parties are no better, and there isnt power to do it... the rich, the corps dont give a shit, the powerful have it....the rest of us are just tolerated ....its a poor facade the govt system in the US is different than Canada.. imo very different.. parties there do get booted out and more responsible parties are voted in (look at the NDP & how much support they have gotten).. in the US there is no choice.. both parties are the same.. imo, the US needs to overhaul its political system, the one they have is just not working and hasnt been for a very long time.. but few in the US seem to even see that.. and that is what I dont understand.. that is what i mean by accepting getting screwed..

DesideriScuri -> RE: Obama knows best (4/8/2013 8:17:35 AM)
quote: ORIGINAL: tazzygirl Do we continue to allow unlimited tax cuts simply because a loophole was found? "Found" a loophole? It's something that applies to every dollar right now, doesn't it? If you're all about getting rid of the loophole, then, fuckin'-A! Get rid of the entire loophole (I have no problem supporting that, and have said so many times). Attacking only certain dollars and not all of them is nothing more than creating (or maintaining) a loophole. Do you want a loophole, or not?

tazzygirl -> RE: Obama knows best (4/8/2013 8:19:21 AM)
Oh so your complaint is that someone cant stash 6 million into an account and get a tax benefit. Lets just screw those who manage to scrape together 20k.

tj444 -> RE: Obama knows best (4/8/2013 8:19:56 AM)
quote: ORIGINAL: tazzygirl No one is meekly accepting. Its a given. It has to be done. Doesnt matter who was at fault for all this mess, its the public who will hurt to fix it. you have a lot more faith in your govt than i do.. since you believe that the public hurting is going to fix anything.. the public will hurt.. but in the end, nothing will be "fixed".. jmo

Lucylastic -> RE: Obama knows best (4/8/2013 8:22:48 AM)
Youve seen what harper is doing havent you??? its the same in theUk, it is different to a degree, but the rich get richer, the poor get poorer all over the world..... the wiztatrds behind the curtain have no intention of letting it change, no matter what the party. ALL systems need to be overhauled.... capitalism wont let it. Unless it benefits them

DesideriScuri -> RE: Obama knows best (4/8/2013 8:25:06 AM)
quote: ORIGINAL: graceadieu quote: ORIGINAL: DesideriScuri You take my example to task, but didn't answer my question. Where does Government get the authority to tell anyone how much they do or don't need for retirement and then levy a higher tax on whatever crosses that line? Where does the government get the authority to tell people they ought to save for retirement at all, and levy higher taxes on people who don't save? If the government has the right to arbitrarily create special tax breaks for retirement savings, they also have the right to determine who qualifies for them. Then get rid of the entire tax break. What makes the first dollar and the first dollar over 3 million any different? Either saving is good, or it isn't. It's the person's money, not government's.

tazzygirl -> RE: Obama knows best (4/8/2013 8:28:03 AM)
Because with the poor and middle class, those dollars are taxed already. Romney's all came from capital gains, taxed at a far lower rate, then the extra bennie from having it in that kind of account.

tj444 -> RE: Obama knows best (4/8/2013 8:30:10 AM)
quote: ORIGINAL: Lucylastic Youve seen what harper is doing havent you??? its the same in theUk, it is different to a degree, but the rich get richer, the poor get poorer all over the world..... the wiztatrds behind the curtain have no intention of letting it change, no matter what the party. ALL systems need to be overhauled.... capitalism wont let it. Unless it benefits them I dont think its capitalism that is the problem, its greed thats the true problem.. greed is shockingly rampant in the US and unfortunately those problems get imported into other countries that try to copy the American system or parts of it.. for a long time I have objected to the Americanization of Canada (that was back when the Liberals were in power also).. countries around the world would be much better off to see what the Americans do and then do the opposite..

DesideriScuri -> RE: Obama knows best (4/8/2013 8:31:28 AM)
quote: ORIGINAL: tazzygirl Oh so your complaint is that someone cant stash 6 million into an account and get a tax benefit. Lets just screw those who manage to scrape together 20k. My complaint is that it's not applying equally across the board. And, that money is still working within the economy. It's not like it gets put in a vault and is never used in any way.

DesideriScuri -> RE: Obama knows best (4/8/2013 8:33:37 AM)
quote: ORIGINAL: tazzygirl Because with the poor and middle class, those dollars are taxed already. Romney's all came from capital gains, taxed at a far lower rate, then the extra bennie from having it in that kind of account. So, get rid of the capital gains tax and all those dollars will be taxed the same, no? And, even if the capital gains tax isn't changed, Romney et. al. still paid taxes on them, didn't they?

tazzygirl -> RE: Obama knows best (4/8/2013 8:39:12 AM)
quote: ORIGINAL: DesideriScuri quote: ORIGINAL: tazzygirl Oh so your complaint is that someone cant stash 6 million into an account and get a tax benefit. Lets just screw those who manage to scrape together 20k. My complaint is that it's not applying equally across the board. And, that money is still working within the economy. It's not like it gets put in a vault and is never used in any way. There are many things not "applied equally". Whats the point of capping SS? quote: So, get rid of the capital gains tax and all those dollars will be taxed the same, no? And, even if the capital gains tax isn't changed, Romney et. al. still paid taxes on them, didn't they? Now this is interesting. You are all upset over the lowering of the amount they can have tax bennies on.... but you are perfectly ok with the fact that not all income is taxed the same. Smacks of some hypocritical thinking.

DesideriScuri -> RE: Obama knows best (4/8/2013 8:56:10 AM)
quote: ORIGINAL: tazzygirl quote: ORIGINAL: DesideriScuri quote: ORIGINAL: tazzygirl Oh so your complaint is that someone cant stash 6 million into an account and get a tax benefit. Lets just screw those who manage to scrape together 20k. My complaint is that it's not applying equally across the board. And, that money is still working within the economy. It's not like it gets put in a vault and is never used in any way. There are many things not "applied equally". Whats the point of capping SS? http://politicalcalculations.blogspot.com/2008/04/why-does-social-security-have-cap.html#.UWLm6ZPvvE8 quote: quote: So, get rid of the capital gains tax and all those dollars will be taxed the same, no? And, even if the capital gains tax isn't changed, Romney et. al. still paid taxes on them, didn't they? Now this is interesting. You are all upset over the lowering of the amount they can have tax bennies on.... but you are perfectly ok with the fact that not all income is taxed the same. Smacks of some hypocritical thinking. You can think that if you want. You seem to forget that I am all for removing all tax loopholes. But, if you remove one, you remove the whole thing. So, are you in favor of removing tax loopholes, or just modifying them?

tazzygirl -> RE: Obama knows best (4/8/2013 9:00:39 AM)
My stand on taxes are well posted on these boards. But I also dont walk around with rose colored glasses talking about the fantasy world I would like to see. I work with reality and knowing just what our politicians and their greedy lil fingers will let go of and what they wont. Taxes is something they dont want to budge on.

tazzygirl -> RE: Obama knows best (4/8/2013 9:02:08 AM)
quote: http://politicalcalculations.blogspot.com/2008/04/why-does-social-security-have-cap.html#.UWLm6ZPvvE8 Maximum Level of Benefits and Maximum Taxable Wages. Within this context, Congress determined that it was appropriate to set an upper limit on the amount of income that Americans could receive from the Social Security program. A limit on benefits, combined with the principle that workers' benefits should relate to the amount of money that they paid into the system, made an upper limit on the taxes that workers would pay appropriate. And yet I dont see you complaining about this. [;)]

DesideriScuri -> RE: Obama knows best (4/8/2013 9:07:47 AM)
quote: ORIGINAL: tazzygirl quote: http://politicalcalculations.blogspot.com/2008/04/why-does-social-security-have-cap.html#.UWLm6ZPvvE8 Maximum Level of Benefits and Maximum Taxable Wages. Within this context, Congress determined that it was appropriate to set an upper limit on the amount of income that Americans could receive from the Social Security program. A limit on benefits, combined with the principle that workers' benefits should relate to the amount of money that they paid into the system, made an upper limit on the taxes that workers would pay appropriate. And yet I dont see you complaining about this. [;)] Why would I complain about it? There is a maximum benefit set. Therefore, there is a maximum tax level set. Ooooh, yeah. Now I see it. They used logic. Can't have that now, can we? [8\|]

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