Obama's new tax increases

reply to post by j2000


I see we got a gambler in the house.

Alright well hold there we still have a little more that 10 months to go yet.

You know saying that makes me really nauseous for some reason I just can't put my finger on it.

Originally posted by spirit_horse
Not to mention that I don't see how Obama plans to cut government spending from 26% to 22% of the economy with his spending bills already and plenty more to come. And health care will add a lot to that figure already. It will be more like the European countries that have tax rates of 40 and 50% or higher.

Tax Rates in Europe:
en.wikipedia.org...

It's all coming out of the Millitary.

Oops, more jobs gone!

He will reduce the forces, which it's good to bring them home, but they will force them out and be out of work.

Lot's of Engineers, and other blue and white collar gone that have been building machines and parts for years.

Oops, more high paying jobs gone. I guess Johnny the meat counter guy will have to go. Not enough buisness.

It's a spiral. The Govt can not keep borrowing money.
Everytime they get more, you can buy less.

reply to post by Hastobemoretolife


There is only one cure, but I will not put it on this thread.

It has to do with the 15th amendment.

reply to post by peskyhumans


I still think you need to watch the video in my last post.
Try to understand why the market is reacting the way it is
and try to understand how classist populism only adds fuel to the fire.

Originally posted by projectvxn
The rich are not responsible for everyone else.
[edit on 22-2-2009 by projectvxn]

Yes they are.. every member of a society is responsible for
every member of that society, but the strong and rich are
especially responsible for the weak and poor. They carry the
most responsibility of all, because they can have a greater
benevolent effect. With power comes responsibility, you are
not living alone on an uninhabited island. Solidarity is key to
a working society, that's why yours is crumbling, and falling
apart like a card house. You people think solidarity is evil..

reply to post by j2000


I understand where your coming from.

Man after watching that video posted earlier, I have no words.

DC has turned into Showtime at the Apollo.

Now where's the sand man...

reply to post by Wehali


It is, where is the justice for the person that the government takes from?

The whole world is collapsing. Last I heard there have been more riots in the more socialist leaning countries.

The reason the world is collapsing is because the citizens don't have control of the monetary structure. And have in turned lost control of government as a direct effect of it.

Corruption is the reason why we are in this mess.

And the socialist way out of things is, "tax the rich, they have lots of money"

We are about to see the growth of the unemployment rate the likes nobody has ever seen, because of this legislation.

It's really hard to earn a paycheck from a poor person, poor people don't start businesses.

In Silicon Valley, if your household has two incomes to make ends meet, you're wealthy. Except you don't get to keep any of your money. I'm sure it's the same thing in Manhattan. Raise taxes, and these are two areas power the economic machine that will slow down further.

The poor are a burden, not the rich. Think of your family, who takes your money more, the rich uncle or the poor brother who borrows money for rent and usually 'forgets'.

I'm delighted by the news!

reply to post by j2000

I see HR 833 is back in the news...
redstateeclectic.typepad.com...

The thing you all are missing is...

The reason America was founded was a flight from taxation without representation. (are we being represented? seems congress does what they want regardless us our opinion...)

Government was never ment to be this big. (no dept of education/usda/fbi/cia/ect sucking money out of us, claiming taxes)

Nowhere in the Constitution is there a "Federal Reserve"

Taxes are used to pay the Federal Reserve interest we owe them (which we've never ever paid off and still all our taxes still do not cover, for fiat created out of thin air!!!)

The Bankers' Manifesto of 1892
circleof13.blogspot.com...

"The ultimate ownership of all property is in the State; individual so-called "ownership" is only by virtue of Government, i.e., law, amounting to mere "user" and use must be in acceptance with law and subordinate to the necessities of the State."

The "plan" is to control all resources, human and natural. The control is not by elected public officials, but by a self-appointed oligarchy. This is born out by reading the details of Article 21 and 39 of the "Convention On Biological Diversity." This treaty declares there are no reservation of rights. Article 21 mandates that three international organizations, the UNEP, UNDP and the World Bank, will direct and control "the policy, strategy, programme priorities and eligibility criteria relating to access to and utilization of resources" in each member country.

The US has been in Receivership for the last 75 Yrs...1933...2008
www.givemeliberty.50megs.com...

Need I state more?

[edit on 2/22/2009 by Hx3_1963]

reply to post by Wehali


No society would EVER prosper if there were no rich people. And you're right, they do have a responsibility. It is unspoken and NEVER given it's credit. They reinvest, they expand, they produce new products. All this takes minds and bodies. Rich people create jobs. And are never thanked for it. They are only ridiculed for their money.

You ever work for a poor man?

Didn't think so.

Otherwise, a man's hard work should pay off for him. And any charity should be that mans choice. This said, divine justice is just as much about what you don't do as it is about what you actually do. Otherwise there would be no charity, and while not all rich men give, many do, and many are also not corrupt. These blanket "the rich are responsible" slogans do not tell the whole story.

[edit on 22-2-2009 by projectvxn]

reply to post by Hx3_1963


If we were to eliminate the Federal Reserve, our debt would reduce 3/4 or more over night.

It is such simple solution, but then the people hell bent on world domination would no longer be in control. We can't go and have that now, can we.

reply to post by Hastobemoretolife


Correct you are Sir....here's yer Cigar!!! (passes a big fat Havana...)

As RUSH said..."we are merely players...performers and portrayers...each anothers audience outside the guilded cage..."...and guess who the Directors are?

(think 12 Players)

The most Important thing you'll never read

The Creature from Jekyll Island
www.financialsense.com...

[edit on 2/22/2009 by Hx3_1963]

Originally posted by Dbriefed
It's really hard to earn a paycheck from a poor person, poor people don't start businesses.

In Silicon Valley, if your household has two incomes to make ends meet, you're wealthy. Except you don't get to keep any of your money. I'm sure it's the same thing in Manhattan. Raise taxes, and these are two areas power the economic machine that will slow down further.

The poor are a burden, not the rich. Think of your family, who takes your money more, the rich uncle or the poor brother who borrows money for rent and usually 'forgets'.

Yes, you can be rich with just a few hundered bucks. I know of personally several that were started out of their garage with less than a thousand.

Some have become Billionaires and provide great high paying jobs.
If you live in Silicon Valley your in the wrong place. You are in a trap created with the same mentality that your supporting. How low can the bar go as far as whom is concidered "Rich".
Just wait until Obama brings out his new tax plan. You think this one will be it. hahahaha

During the campain, that was one of the things that he and Biden kept lowering. You don't think that was a clue for what is in store?

They had got all the way down to 80k. Do you think that is rich?
How about with this tax plan and state taxes? Wow now you have to live off of 40k or less.

You bring up small business. There is no way, you could have much of a chance with this plan. 250k? what are you kidding me? How are you suppose to have money to keep building it up and hire more people? You don't!

reply to post by Mercenary2007


Actually, that is not true. We gave them taxbreaks to create more jobs. It is called "the trickle down effect." We give them taxbreaks and they create jobs. It didn't work and many of them continued to build companies oversees. Therefore the didn't follow up on there side of the deal. They deserve to get taxed more. And they are so worried about being taxed when they have so much money? What is the big deal? They'll live.

reply to post by peskyhumans


You are ignorant, I used to be rich by most standards, now i am broke, I have a huge house that I cannot afford the taxes on because liberals think they need to tax more, So I guess the mortgage that I paid off is worthless because they can take my house away for not being able to afford the extremly high tax rate. I lived within my means, paid off my house, now its worth nothing thanks to barney frank the ghey chairman of the ways and means commitee.

I think we need to revolt and overthrow the entire system, no more taxes, no more spending!

reply to post by stinkhorn


We have a house paid for also. They just keep jacking the insurance, and the taxes on it. Now it's not worth a crap anymore.
Over the years, if you want to add or fix something, they would jack your taxes up also. But if the value goes down, they don't want to change it.

Last year, I told them if they thought the house was worth that, then write me a check. Either that or I would sue them for a false evaluation on the property. They dropped it for this years taxes.

We were talking about a 50% difference.