Obama Calls for Highest Sustained Taxation in U.S. History

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posted on Apr, 23 2014 @ 04:23 AM
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I'm baffled how anyone thought that voting in someone who wanted to massively increase welfare spending (Obamacare) was going to do anything other than cause a tax hike and increase your national debt.

We've learned this from England: every time you elect someone Socialist the taxes go up and the national debt increases. DUH.

Socialism, fine in theory, isn't enough cash to do it in practice. Never is.




posted on Apr, 23 2014 @ 07:32 AM
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a reply to: JohnnySasaki
Well, in this case you would have to pay another fee. Only one percent though.
I'm not trying to find a way to get out of debt, this is a solution that would put the nation at a surplus in no time flat.
Also, I would have to pay for it because 401k's see market activity too.
Like I said before, 30 countries do this already. 1% of 4,000,000,000,000,000 is a lot of money
It would be a shame if we could fix the country's financial problems, but didn't, because people would not give up one penny for every dollar moved.
And hell, after one year of being taxed 1%, we could move it down the next year, while the government tries to find a way to waste a 33 trillion dollar surplus after the 17 trillion of debt is erased in under a year.



posted on Apr, 23 2014 @ 02:49 PM
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originally posted by: o0oTOPCATo0o
a reply to: JohnnySasaki
Well, in this case you would have to pay another fee. Only one percent though.
I'm not trying to find a way to get out of debt, this is a solution that would put the nation at a surplus in no time flat.
Also, I would have to pay for it because 401k's see market activity too.
Like I said before, 30 countries do this already. 1% of 4,000,000,000,000,000 is a lot of money
It would be a shame if we could fix the country's financial problems, but didn't, because people would not give up one penny for every dollar moved.
And hell, after one year of being taxed 1%, we could move it down the next year, while the government tries to find a way to waste a 33 trillion dollar surplus after the 17 trillion of debt is erased in under a year.


I'd sure like to know a source as to where you're getting that 4 quadrillion number, and how charging an added 1% for each transaction is going to do anything when they already charge a minimum of 25% for every dollar you make, and that goes up to 35-36% if you make over a certain amount. Remember, even if you lose money on a transaction, someone made money on it. It's called a market for a reason, there's two sides to every position.



posted on Apr, 23 2014 @ 03:02 PM
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a reply to: guohua

I had received these figures via email... Have not checked the validity of the numbers because it seemed about par for the course. Yet no matter there are still those who will fight to the death to defend the Dems programs.
> > > HERE IS WHAT HAPPENED ON JANUARY 1ST 2014:
> > >
> > > TOP INCOME TAX BRACKET WENT FROM 35% TO 39.6%
> > >
> > > TOP INCOME PAYROLL TAX WENT FROM 37.4% TO 52.2%
> > >
> > > CAPITAL GAINS TAX WENT FROM 15% TO 28%
> > >
> > > DIVIDENDS TAX WENT FROM 15% TO 39.6%
> > >
> > > ESTATE TAX WENT FROM 0% TO 55%
> > >
> > > REMEMBER THIS FACT: IF YOU HAVE MONEY, THE DEMOCRATS WANT IT. THESE
> > > TAXES WERE ALL PASSED ONLY WITH DEMOCRAT VOTES, NO REPUBLICANS VOTED
> > > FOR THESE TAXES.
> > >
> > > THESE TAXES WERE ALL PASSED UNDER THE AFFORDABLE CARE ACT,
> > > AKA OBAMACARE.



posted on Apr, 23 2014 @ 03:32 PM
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a reply to: JohnnySasaki
I can only find claims as of now, $5 quadrillion claims and estimates. I'll try to find something more official for you tomorrow.
One thing I am seeing that is officail is that there is a $1.2 quadrillion in derivatives
1.2 Quad
add to that stocks, bonds, foreign exchanges, ect.
the UFAA is the most official place I see 4 or 5 quad
UFAA



posted on Apr, 23 2014 @ 03:54 PM
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originally posted by: o0oTOPCATo0o
a reply to: JohnnySasaki
I can only find claims as of now, $5 quadrillion claims and estimates. I'll try to find something more official for you tomorrow.
One thing I am seeing that is officail is that there is a $1.2 quadrillion in derivatives
1.2 Quad
add to that stocks, bonds, foreign exchanges, ect.
the UFAA is the most official place I see 4 or 5 quad
UFAA



Right, that's all well and good, the number really doesn't matter, it's the fact that you seem to think that charging 1% for each transaction is going to somehow solve everything when they already charge 25-36% on everything as it is.



posted on Apr, 23 2014 @ 04:42 PM
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Without some kind of lockdown on the spending side with teeth any tax is just an opportunity for a politician to keep right on spending no matter the consequences and it does not matter if they self identify as democrat or republican.

I do heartily agree almost everything out of Obamas mouth turns out to be an outright lie.

I commend the few who have admitted their error in voting for this abject failure and I'm sorry it took ruining the entire middle class of this country to see that error, unfortunately the other geriatric candidate at the time was hand picked to lose against this clown - he would have given the current office holder a run for his money on being the worst.

I can only suggest that when the primaries come around again that the media darlings are stymied in there efforts.



posted on Apr, 23 2014 @ 05:22 PM
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a reply to: Phoenix


Obama did not do anything that he was not told to by the Oligarchy that owns him. Otherwise, people would have gone to prison like Madoff for the 08crash. You don't need to sit on your high horse and point fingers at people who want to just vote.

If you are a republican and true conservative, give us a True American Patriot to vote for or there will be more Obamas. I will know him/her when they talk about someone else other than the poor.



posted on Apr, 23 2014 @ 05:26 PM
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a reply to: 727Sky

When I read the thread I immediately thought it was because of Michelle's family shopping breaks.

However having read your list of increases I am simply too frightened to look at the situation in the UK, but I know we seem to follow your lead.

There seems to be a policy of divesting ordinary people of their money and any wealth they have. It's as though the wealth of the lower and middle class is being grabbed and spread out for all the things that have to be paid for, whilst the elite tiny percent at the top of the pyramid merely not only keep their wealth but tripple it.



posted on Apr, 23 2014 @ 06:29 PM
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originally posted by: MOMof3
a reply to: Phoenix


Obama did not do anything that he was not told to by the Oligarchy that owns him. Otherwise, people would have gone to prison like Madoff for the 08crash. You don't need to sit on your high horse and point fingers at people who want to just vote.



Due diligence is required rather than just voting, just voting handed the oligarchs their man to be controlled. Voting in and of itself in complete disregard for a candidates history (or lack there of) can be quite dangerous to the republic!



posted on Apr, 23 2014 @ 06:43 PM
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a reply to: Phoenix

I don't get to select the candidates. The only ones who are put up for the voter are the ones already selected by the money people and vetting process.

We need more than a voting record. We need full transparency of who owns them.



posted on Apr, 23 2014 @ 11:39 PM
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a reply to: 727Sky
Will of-course the Democrats are counting on the influx of illegals to help balance the budget.

House Democrats unveiled their response to Paul Ryan's GOP budget on Monday, and it relies on a $1.5 trillion in higher taxes over the coming 10 years and the economic benefits of immigration reform to make the numbers work.

Immigration Reform, like their going to be a boost to our economy.
Democrats Are

This poll is interesting. Maybe this'll help you understand a little better why you're taxes are so high and why you can't afford your Obamacare Premium.


The results are clear from the graphic above: the Democrat Party received the overwhelming majority of welfare recipients’ support in elections, and split almost evenly among full-time workers.
In addition, the long-term unemployed favored the Democrat Party by 42%-17% in a 2011 poll conducted by NPR. This also makes sense: the Democrat Party keeps pushing for more welfare and entitlements because that is how the politically successful party’s leaders believe they are serving the interests of the voter base. Unsurprisingly, the party keeps pushing for ever more welfare and entitlements, regardless of any negative economic consequences.
One major objection is that red states tend to receive more federal aid than blue states. This is true. Red states are poorer, and tend to have lower costs-of-living; they generate less tax revenue than blue states, also. A graphic by Michael Pinto posted at the Inquistr gives one example of this argument:

Linky
edit on 23-4-2014 by guohua because: (no reason given)



posted on Apr, 24 2014 @ 08:19 AM
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a reply to: JohnnySasaki
Are you still talking about capitol gains tax with your 25%-36%?
I'm not sure you get what I am saying.
You should go to the United Front Against Austerity website and read their Wall Street Tax page. They explain the idea pretty well there.



posted on Apr, 24 2014 @ 01:46 PM
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originally posted by: o0oTOPCATo0o
a reply to: JohnnySasaki
Are you still talking about capitol gains tax with your 25%-36%?
I'm not sure you get what I am saying.
You should go to the United Front Against Austerity website and read their Wall Street Tax page. They explain the idea pretty well there.


I understand completely what you're saying, I don't think you understand what I'M saying. For every dollar that is traded on the stock market, the united states government get's it's share, and it's upwards of 25-36%. Yes, it's capital gains tax, but does it really matter what they call it? Every time a transaction is made, someone on either end, made money, and therefor has to pay a tax on it. It's a fairly high tax too, as I explained fairly clearly earlier. So now explain to me, how taxing us an extra 1% is going to suddenly solve all our problems, when the 25-36% isn't cutting it as it is?

What's more, that 4 quadrillion number would significantly decrease, and the stock market, which is already headed for a correction (aka, it's about to go down, probably by a lot), would plummet if people knew that they were already at a 2% loss plus transaction fees just by putting their money into the markets (1% for the transaction to get your money in, and another 1% to get your money out). So to make any money in the markets, you'd have to at LEAST average 3% or more on every single transaction you make, which is extremely hard btw, and even then you'd just be barely making a profit. I would love it though, just let me know when you're going to implement it, and I'll buy as many put options on the SPX as they'll let me, lol.
edit on 24-4-2014 by JohnnySasaki because: (no reason given)
edit on 24-4-2014 by JohnnySasaki because: (no reason given)



posted on Apr, 24 2014 @ 07:50 PM
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Raising taxes on a constantly diminishing pool of taxpayers = squeezing out the middle class and causing the wealthy to move overseas. End result: everyone left in America will either be destroyed by the government or entirely dependent on it.

This plan goes way beyond Obama's capability or lifetime. He's just the monkey in a suit that the regime feeds script to. 'Lead the blind to their own graves,' seems to be the theme.

And@people voting, demagogues who appeal to human nature will always defeat substance and reason. You cannot teach a crab to walk straight and the more cunning man takes advantage of it. Elections = the best predator wins.
edit on 24-4-2014 by TheLegend because: (no reason given)



posted on Apr, 25 2014 @ 07:16 AM
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a reply to: TheLegend

The wealthy oligarchy moving out of the US? Oh, please from your mouth to God's ear. And take their polluting, tax dodging, evil money making schemes with them.

Then the rest of us can return back to doing what the US use to be good at. Farming, processing food, which all life needs.



posted on Apr, 25 2014 @ 07:34 AM
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a reply to: JohnnySasaki

Your Capitol gains is taxed when it becomes profit. The 1% is taxed on every single penny moved, as it moves.
That is the difference.
Yes, the amount of money moved will decrease. This is another reason to do it. One of the main ideas behind this idea is to slow down the rate at which banks move loans amongst each other, tacking on interest every step of the way.
This is not just a money grab.



posted on Apr, 26 2014 @ 06:09 PM
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a reply to: JohnnySasaki

I wish I could star your post a million times. How true and sad, all at the same time.





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