Jack would you accept a tax break from obama even though you dislike him
View related threads:
(in this forum
| in all forums)
|
Logged in as: Guest
|
|
Users viewing this topic:
none
|
|
Login  | |
|
Jack would you accept a tax break from obama even thoug... - 10/30/2008 11:37:43 AM
|
|
|
IMA_CHRISTIAN
Posts: 1700
Joined: 1/23/2006
Status: offline
|
this is for Jack...
I asked on another topic, since you dont like obama, and he cant do right by you,, will you be willing to accept his tax break (if you are under $250,000 / year).
and next question,
where is this tax break money going to come from to give the middle class this extra money?
|
|
|
|
|
RE: Jack would you accept a tax break from obama even t... - 10/30/2008 11:45:14 AM
|
|
|
Peter_Gunn
Posts: 706
Joined: 6/12/2008
Status: offline
|
Is this kosher?
|
|
|
|
|
RE: Jack would you accept a tax break from obama even t... - 10/30/2008 11:46:25 AM
|
|
|
stamper_ben
Posts: 10366
Joined: 4/11/2005
From: Lone Star State
Status: offline
|
Doesn't look like a pickle.
_____________________________
We will be known as His by the love we show one another.
|
|
|
|
|
RE: Jack would you accept a tax break from obama even t... - 10/30/2008 11:53:12 AM
|
|
|
IMA_CHRISTIAN
Posts: 1700
Joined: 1/23/2006
Status: offline
|
I just know that I'm going to be able to talk some sense into Jack! :)
|
|
|
|
|
RE: Jack would you accept a tax break from obama even t... - 10/30/2008 11:55:36 AM
|
|
|
Jhud
Posts: 7627
Joined: 4/11/2005
From: Lake Wobegon
Status: offline
|
Wow, my own thread; I'm honored.
Sure, I would take a tax break from any politician who offerred it; why?
_____________________________
Jack
I believe in Christianity as I believe that the sun has risen: not only because I see it, but because by it I see everything else.
- C.S. Lewis
|
|
|
|
|
RE: Jack would you accept a tax break from obama even t... - 10/30/2008 11:56:47 AM
|
|
|
stamper_ben
Posts: 10366
Joined: 4/11/2005
From: Lone Star State
Status: offline
|
Jack is already a man with a vast amount of sense.
He's smart too! 
_____________________________
We will be known as His by the love we show one another.
|
|
|
|
|
RE: Jack would you accept a tax break from obama even t... - 10/30/2008 11:58:42 AM
|
|
|
IMA_CHRISTIAN
Posts: 1700
Joined: 1/23/2006
Status: offline
|
quote:
ORIGINAL: Jhud
Wow, my own thread; I'm honored.
Sure, I would take a tax break from any politician who offerred it; why?
Well then Jack, that means Obama will have done something right by you. so you see, its not all THAT bad.
|
|
|
|
|
RE: Jack would you accept a tax break from obama even t... - 10/30/2008 12:01:38 PM
|
|
|
stamper_ben
Posts: 10366
Joined: 4/11/2005
From: Lone Star State
Status: offline
|
quote:
ORIGINAL: IMA_CHRISTIAN
quote:
ORIGINAL: Jhud
Wow, my own thread; I'm honored.
Sure, I would take a tax break from any politician who offerred it; why?
Well then Jack, that means Obama will have done something right by you. so you see, its not all THAT bad.
And again, if Jack gets a break of $800 and the price increases from the passing on of costs from the increased taxes on the "rich" equals $1500 how is that to his benefit?
_____________________________
We will be known as His by the love we show one another.
|
|
|
|
|
RE: Jack would you accept a tax break from obama even t... - 10/30/2008 12:02:40 PM
|
|
|
IMA_CHRISTIAN
Posts: 1700
Joined: 1/23/2006
Status: offline
|
ok now, people are wondering where the money for hte tax break to the middle class is going to come from.
can anyone answer that?
|
|
|
|
|
RE: Jack would you accept a tax break from obama even t... - 10/30/2008 12:05:24 PM
|
|
|
Jhud
Posts: 7627
Joined: 4/11/2005
From: Lake Wobegon
Status: offline
|
quote:
Well then Jack, that means Obama will have done something right by you. so you see, its not all THAT bad.
Well, it's my money he is giving back to me; so in reality, he is doing less wrong by me.
It's sort of like a robber who says, "Hey, if you vote for me, I will take a third of your income and give you a thousand dollars back."
So I ask him, "What happens if I don't vote for you and you win?"
"I take a third of your income and give you a thousand dollars back."
What possible motivation would I have to vote for him, given that I don't particularly want to be robbed to begin with?
_____________________________
Jack
I believe in Christianity as I believe that the sun has risen: not only because I see it, but because by it I see everything else.
- C.S. Lewis
|
|
|
|
|
RE: Jack would you accept a tax break from obama even t... - 10/30/2008 12:07:51 PM
|
|
|
StephK
Posts: 2238
Joined: 4/11/2005
From: Southwest Louisiana
Status: offline
|
If there is a dem super majority that extra money will come from people's 401k's, capital gains and other areas not yet disclosed. There is a thread in the CE folder on the 401k issue.
_____________________________
Stephanie
The heart of the wise inclines to the right but the heart of the fool to the left.
Even as he walks along the road, the fool lacks sense and shows everyone how stupid he is. ~ Ecc. 10:2-3
|
|
|
|
|
RE: Jack would you accept a tax break from obama even t... - 10/30/2008 12:22:31 PM
|
|
|
P31W
Posts: 2942
Joined: 6/13/2005
Status: offline
|
OK so maybe we need to define tax break.
Here is a defination. I believe it is correct.
tax break - a tax deduction that is granted in order to encourage a particular type of commercial activity
Notice that it's a deduction not a welfare check. And it's given for a certain reason.
|
|
|
|
|
RE: Jack would you accept a tax break from obama even t... - 10/30/2008 12:39:19 PM
|
|
|
Peter_Gunn
Posts: 706
Joined: 6/12/2008
Status: offline
|
quote:
ORIGINAL: IMA_CHRISTIAN
quote:
ORIGINAL: Jhud
Wow, my own thread; I'm honored.
Sure, I would take a tax break from any politician who offerred it; why?
Well then Jack, that means Obama will have done something right by you. so you see, its not all THAT bad.
First of all, how could one accept or refuse anything regarding taxes? We don't really have a choice.
And, secondly, we'd all love to keep more of our money, but, with Obama as president and the Dems in control, what would be the cost?
And, thirdly, as to where the money will come from...with them planning to grow stuff like welfare, and providing more government money for abortions, they're actually going to need more of our money! So it stands to reason, they'll have to cut somewhere else, right? I can't see the Dems significantly cutting anything except defense. And they're just looking for a good excuse to cut defense!
|
|
|
|
|
RE: Jack would you accept a tax break from obama even t... - 10/30/2008 12:42:15 PM
|
|
|
IMA_CHRISTIAN
Posts: 1700
Joined: 1/23/2006
Status: offline
|
here is what i understand -
Pres Clinton gave the big companies a tax break.. (Exxon, etc.)... Now Obama is going to reverse that tax break.
So they have been enjoying this tax break all this time, and now thier ride is over.
the middle class has NOT had a tax break in... how long? I dont even remember.
If you are making $250,000 (married) or $200,00 (single) or less, you WILL not have your taxes raised.
the question i have - if you are poor and do not pay any taxes, then the poor wont have a tax break. so how come you all think the poor, people not working, the lazy bums, etc, will get a tax break and/or benefits from obama's plan.
how is this welfare?
and another thing - we already have redistribution of wealth - everyone pays taxes, (except those under a certain $$ amount - and all that money gets redistributed to - social security, the government budget, the big bank bailout was a handout, mccains' idea to give homeowners something or another to save thier houses, we give money for pork, we are already doing this,, and oh yeah, the war,, all of us are paying for the war, whether you like it or not.
so i dont see the problem, all he is doing is taking the money from taxes and then giving it to a new class of people - middle class!
Please now, I dont want to hear rhetorick from the Republicans, i want to hear facts. And ... one more thing - Im neutral as to whom i voted for, so lets try to stick to the facts, not what the OTHER PARTY has to make up fear tactics with.. LETS HEAR FACTS PLEASE.
|
|
|
|
|
RE: Jack would you accept a tax break from obama even t... - 10/30/2008 12:55:28 PM
|
|
|
P31W
Posts: 2942
Joined: 6/13/2005
Status: offline
|
quote:
the middle class has NOT had a tax break in... how long? I dont even remember.
President Bush.
I am sure the middle class was helped out by this
Replacing the current tax rates of 15, 28, 31, 36, and 39.6 percent with a simplified rate structure of 10, 15, 25, and 33 percent (see Appendix for rate schedule);
Doubling the child tax credit to $1,000 per child and applying the credit to the Alternative Minimum Tax (AMT);
Reducing the marriage penalty by reinstating the 10 percent deduction for two-earner couples;
Eliminating the death tax;
Expanding the charitable deduction to non-itemizers
|
|
|
|
|
RE: Jack would you accept a tax break from obama even t... - 10/30/2008 1:00:47 PM
|
|
|
P31W
Posts: 2942
Joined: 6/13/2005
Status: offline
|
quote:
and another thing - we already have redistribution of wealth - everyone pays taxes, (except those under a certain $$ amount - and all that money gets redistributed to - social security, the government budget, the big bank bailout was a handout, mccains' idea to give homeowners something or another to save thier houses, we give money for pork, we are already doing this,, and oh yeah, the war,, all of us are paying for the war, whether you like it or not.
As a tax payer I do not mind funding our government or the military. But I do mind the government talking money from me to give to someone who makes less than I do simply BECAUSE they make less than I do. That is what "socialism" is all about.
|
|
|
|
|
RE: Jack would you accept a tax break from obama even t... - 10/30/2008 1:02:03 PM
|
|
|
P31W
Posts: 2942
Joined: 6/13/2005
Status: offline
|
quote:
dont see the problem, all he is doing is taking the money from taxes and then giving it to a new class of people - middle class
Obama is not going to "give" the middle class anything.
|
|
|
|
|
RE: Jack would you accept a tax break from obama even t... - 10/30/2008 1:04:13 PM
|
|
|
P31W
Posts: 2942
Joined: 6/13/2005
Status: offline
|
quote:
If you are making $250,000 (married) or $200,00 (single) or less, you WILL not have your taxes raised.
Are you sure? Isn't he talking about raising the soc. sec. limits to max at you income level. On a single person that would be 6.2% on a hundred thousand dollars.
Isn't he talking about raising cap. gains taxes? (that's alot of your retired folks and people in middle class)
Do you know if he is going to do what Clinton did right off the bat and raise the "hidden fuel tax" effecting EVERYONE.
Who owns Exxon? Is it individuals? People like you and I with 401K plans?
|
|
|
|
|
RE: Jack would you accept a tax break from obama even t... - 10/30/2008 1:05:51 PM
|
|
|
IMA_CHRISTIAN
Posts: 1700
Joined: 1/23/2006
Status: offline
|
quote:
ORIGINAL: P31W
quote:
If you are making $250,000 (married) or $200,00 (single) or less, you WILL not have your taxes raised.
Are you sure? Isn't he talking about raising the soc. sec. limits to max at you income level.
Isn't he talking about raising cap. gains taxes? (that's alot of your retired folks and people in middle class)
Do you know if he is going to do what Clinton did right off the bat and raise the "hidden fuel tax" effecting EVERYONE.
well thats what i heard about the $200,000 and the $250,000 that some peopel are cornfused about.
|
|
|
|
|
RE: Jack would you accept a tax break from obama even t... - 10/30/2008 1:06:46 PM
|
|
|
P31W
Posts: 2942
Joined: 6/13/2005
Status: offline
|
That is "only" talking about federal income tax. Not all the other taxes that the fed. gov imposes on us.
Anyone could run for Pres and say I am doing away with all income taxes. Then turn right around and up all the other federal taxes we play. It's a game politicians like to play to get votes.
What you have to look at is are they going to encourage real growth in the economy or are they going to create a class of gov. dependant individuals who cannot survive with out their intervention into their lives.
|
|
|
|
|
RE: Jack would you accept a tax break from obama even t... - 10/30/2008 1:12:20 PM
|
|
|
Peter_Gunn
Posts: 706
Joined: 6/12/2008
Status: offline
|
quote:
ORIGINAL: IMA_CHRISTIAN
Pres Clinton gave the big companies a tax break.. (Exxon, etc.)... Now Obama is going to reverse that tax break.
So they have been enjoying this tax break all this time, and now thier ride is over.
Know what I heard just this morning? Exxon made $14 BILLION in the third quarter. Exxon paid over $11 BILLION in taxes in the third quarter. JUST THE THIRD QUARTER!
Sure a $3 Billion in net sounds like a lot. And I know the execs still made millions. But how many people does Exxon employ? How many people does Exxon support through employment?
I'm sure Exxon is really enjoying their big tax breaks!
|
|
|
|
|
RE: Jack would you accept a tax break from obama even t... - 10/30/2008 1:16:15 PM
|
|
|
Peter_Gunn
Posts: 706
Joined: 6/12/2008
Status: offline
|
quote:
and another thing - we already have redistribution of wealth - everyone pays taxes, (except those under a certain $$ amount - and all that money gets redistributed to - social security, the government budget, the big bank bailout was a handout, mccains' idea to give homeowners something or another to save thier houses, we give money for pork, we are already doing this,, and oh yeah, the war,, all of us are paying for the war, whether you like it or not.
Obama's not talking about redistribution of wealth...it's redistribution of income! Great big, huge difference!
|
|
|
|
|
RE: Jack would you accept a tax break from obama even t... - 10/30/2008 1:27:26 PM
|
|
|
Peter_Gunn
Posts: 706
Joined: 6/12/2008
Status: offline
|
quote:
ORIGINAL: Peter_Gunn
quote:
ORIGINAL: IMA_CHRISTIAN
Pres Clinton gave the big companies a tax break.. (Exxon, etc.)... Now Obama is going to reverse that tax break.
So they have been enjoying this tax break all this time, and now thier ride is over.
Know what I heard just this morning? Exxon made $14 BILLION in the third quarter. Exxon paid over $11 BILLION in taxes in the third quarter. JUST THE THIRD QUARTER!
Sure a $3 Billion in net sounds like a lot. And I know the execs still made millions. But how many people does Exxon employ? How many people does Exxon support through employment?
I'm sure Exxon is really enjoying their big tax breaks!
I was going off what I heard a reporter said this morning. But here's the link with the correct numbers...not quite as lopsided as I'd thought. But Exxon still paid over 43% in taxes. I don't think we could fairly say they don't pay their fair share!
http://therundown.blogs.foxbusiness.com/2008/10/30/exxon-beats-and-keeps-the-government-running/
Not that I'm a huge big-business fan, but, if big businesses get at least a fair shake at taxes, they can then pass on more to their employees in profit sharing. (Of course, they need to be watched like a hawk!) But it can definitely trickle down! 
|
|
|
|
 New Messages |
 No New Messages |
 Hot Topic w/ New Messages |
 Hot Topic w/o New Messages |
 Locked w/ New Messages |
 Locked w/o New Messages |
|
 Post New Thread
Reply to Message
Post New Poll
Submit Vote
Delete My Own Post
Delete My Own Thread
Rate Posts |
|
|
Forum Tools
Printable Version
