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Originally posted by David9176
reply to post by xuenchen
And that was the best they could do ? WOW. Chickenfeed and pigeon droppings. That didn't even pay for gas And after all WE Citizens did for all the bankers and politicians !! Thanks for Nothin !!
It was meant to put money back into an economy that was collapsing. The stimulus was a mix of increased spending and tax cuts. BTW...gas was around 1.70 a gallon then.
You also should now, this also put more people in the percentile of those were are getting more back in tax returns than they payed in income taxes. You know that talking point from the GOP right? 47 percent don't pay income taxes?
So which is it? Are you guys against more tax cuts for the middle class? Shouldn't we be paying more taxes to lift the horrible burden we are placing on billionaires?edit on 2-4-2012 by David9176 because: (no reason given)
Originally posted by FeatherofMaat
Good. That is the way humans should be. The Right wants ppl to die to protect profit.
Originally posted by AutOmatIc
How about we just make into law the 100% inheritance tax....then there would be no more super elite ! Bring that on already because our current system sucks balls for sure!
Originally posted by timetothink
reply to post by David9176
Wow...that's amazing...I am the middle class and I paid more...must have been a glitch in the matrix.
The stimulus went to prop business up...not to the middle class...
where do profits come from if ppl die ?
Originally posted by FeatherofMaat
Good. That is the way humans should be. The Right wants ppl to die to protect profit.
Originally posted by xuenchen
Obama made a campaign speech at the University of Vermont and used some Bible references
to somehow justify his well known "Redistribution of Wealth" agenda.
Well, Jesus was what is now usually considered Socialist. Just saying.
Originally posted by David9176
reply to post by petrus4
Well, Jesus was what is now usually considered Socialist. Just saying.
Ronald Reagan would be a considered a Marxist based on their rhetoric. He wouldn't be able to satisfy today's conservative extremists.
you believed all that bull that Obama did a tax cut for the middle class????
The stimulus went to prop business up...not to the middle class...
I don't know about he being considered a Marxist, but if conservatism can be summed up as a belief in limited government, Ronald Regan paid lip service to this while simultaneously expanding government more than any of his predecessors.
And so, in 1985, a four-page provision called the Emergency Medical Treatment and Active Labor Act was inserted into the Consolidated Omnibus Budget Reconciliation Act, which was duly passed and eventually signed by President Ronald Reagan on April 7, 1986.
What Does It Mandate?
There are many misconceptions about what the law requires of hospitals. It does not outlaw transfers of patients who cannot pay or who are otherwise deemed undesirable. It does not (at least as of this writing) require that hospitals provide all care in perpetuity to a patient who receives an evaluation in the ED. It allows for waivers in some situations, such as natural disasters.
What it does require:
That all patients seeking care in an emergency department be evaluated by a competent clinical professional, and if found having a condition requiring emergency care must be treated until stabilized before any transfer.
For women in active labor, the hospital must deliver the baby unless the institution is not equipped to do so (as in the case of a high-risk pregnancy and the lack of a neonatal ICU).
The hospital to which a stabilized patient (or one who must be transferred because the originating hospital does not have the necessary services or personnel) is to be sent must agree to accept the patient.
The patient must consent to the transfer, if possible.
Adequate medical records must accompany the transferred patient.
If you're in the market for a new car or your first house, the compromise stimulus bill offers modest tax breaks for both kinds of purchases. First-time home buyers would receive an $8,000 tax credit, and they wouldn't have to repay the government later as is required for the current $7,500 credit. An earlier Senate proposal would have provided all home buyers with a $15,000 credit.
The bill also would allow new car buyers to deduct the purchase's sales tax from taxable income.
A key element of the stimulus bill would provide most Americans with a tax credit of $400, or $800 for married couples. The tax credit would phase out for single taxpayers with adjusted gross incomes of $75,000 to $90,000 and married couples with AGI of $150,000 to $190,000.
The tax credit would increase the average taxpayer's paycheck by about $8 a week, prompting some to question whether it will do much to stimulate consumer spending. But for a single worker, the credit is the equivalent of a $500 salary increase, after taxes, says Clint Stretch, managing principal for tax policy at Deloitte Tax. "In this economy, if you walked into your boss' office and demanded a $500 raise, you'd probably get laughed at," he says.
Retirees who receive Social Security benefits and individuals on disability would receive a $250 tax credit, says Tom Ochsenschlager, vice president of taxation for the American Institute of Certified Public Accountants. Because these individuals typically don't have withholding, they'll likely receive a check, he says.
•An expanded earned income tax credit and child tax credit for low-income families.
•A higher education tax credit. Parents of college students would be eligible to claim a tax credit of up to $2,500. The credit is more generous than the existing Hope Scholarship Tax Credit, which maxes out at $1,800 and is available only for the first two years of college, says Amy McAnarney, executive director of H&R Block's Tax Institute. The tax credit, which would be available in 2009 and 2010, phases out for single taxpayers with AGI of $80,000 to $90,000 and married taxpayers with AGI of $160,000 to $180,000.
•A stopgap measure designed to prevent the alternative minimum tax from hitting more than 24 million households in 2009. The AMT was designed to prevent extremely wealthy taxpayers from using loopholes and deductions to avoid taxes. But because it was never indexed to inflation, it has expanded to encompass more upper-middle and some middle-class taxpayers. About 4 million owed the AMT last year.