Free Republic
Browse · Search
News/Activism
Topics · Post Article


1 posted on 11/13/2012 8:47:10 AM PST by tobyhill
[ Post Reply | Private Reply | View Replies ]


To: tobyhill

IIRC, the lower bracket goes from 10% to 15%.....that’s gonna go over like a turd in a punch bowl....wait a minute!

Those 10% ers don’t pay federal income taxes anyway! They’re our EITC babies....


2 posted on 11/13/2012 8:52:23 AM PST by Gaffer
[ Post Reply | Private Reply | To 1 | View Replies ]

To: tobyhill

On Jan 2, this happens. Of course, a bunch of Obama’s people go from 0% to 15% taxes at the same time because the Bush tax rates had eliminated the lowest bracket.


3 posted on 11/13/2012 8:53:13 AM PST by Ingtar (Everyone complains about the weather, but only Liberals try to legislate it.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: tobyhill

....the short version: Odungo tells Trumka hang tight.


4 posted on 11/13/2012 8:53:45 AM PST by Doogle ((USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
[ Post Reply | Private Reply | To 1 | View Replies ]

To: tobyhill

The middle class is about to run into an AMT buzzsaw where $1,000 refunds turn into $1,500 tax bills. And that’s on 2012 income.


7 posted on 11/13/2012 8:57:31 AM PST by NonValueAdded ("Our president ... makes big speeches packed full of little ideas" Charles C. W. Cooke)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: tobyhill

A tax hike does the following.
1. Takes money away from consumers. Less money to spend they spend less money. The economy depresses.
2. Takes capital away from small business owners. They do not hire more workers. Less workers less tax base! Business doesn’t grow the economy depresses.
3. Gives the spenders in Government more money to pay off special interests that put them in office and does not reduce the deficit one red cent!


9 posted on 11/13/2012 9:07:07 AM PST by SECURE AMERICA (Where can I sign up for the New American Revolution and the Crusades 2012?)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: tobyhill

Does that include a tax hike on union leaders who, of course, are in the 1%?


10 posted on 11/13/2012 9:08:10 AM PST by crosshairs (America: Once the land of the free. Still the home of the brave.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: All
“Clearly there was a mandate from this election, the American people are with the president on taxing the wealthiest Americans,” said Peter Colavito, director of government affairs for Service Employees International Union, which represents 1.8 million workers, including nurses, janitors and security officers. “Our people expect leaders in both parties to honor that mandate and ask everyone to pay their fair share of taxes.”

They will honor it, when the Bush Tax Cuts expire for everyone.

12 posted on 11/13/2012 9:33:17 AM PST by tobyhill
[ Post Reply | Private Reply | To 1 | View Replies ]

To: tobyhill

Revenge is a dish best served with a tax hike.


15 posted on 11/13/2012 11:34:54 AM PST by Drill Thrawl (We have crossed the line from independence & liberty to dependency & servitude. We are doomed)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: tobyhill

Does anyone really believe that Obama will let the Union bosses pay higher taxes from the money they acquire from their “brothers and sisters” dues?


17 posted on 11/13/2012 11:51:48 AM PST by matt04
[ Post Reply | Private Reply | To 1 | View Replies ]

To: tobyhill

Tax hikes on wealthy? This is code for ‘crushing private sector job creation’. In 0’s view, every job should be a government job. ‘YOU DIDN’T BUILD THAT’ (THE GOVERNMENT DID). Amerika voted for this sh!t? No. It was stolen.


18 posted on 11/13/2012 11:58:11 AM PST by Obama_Is_Sabotaging_America (IMPEACH OBAMA)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: tobyhill

The union presidents will simply vote themselves a raise to cover the tax increase.


20 posted on 11/13/2012 8:27:21 PM PST by Terry Mross (I haven't watched the news since the election. Someone ping me if anything big happens.)
[ Post Reply | Private Reply | To 1 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson