Skip to comments.World Begins to Heal with Taxes on Rich January 1st
Posted on 12/11/2012 4:34:19 AM PST by Kaslin
The Age of Aquarius- long a goal for liberals- will begin in earnest on January 1st, 2013 when more of the planned tax increases on the wealthy created by Obamacare are implemented.
Heres how it will work:
Finally, the low-down, dirty rich, who are responsible for all the worlds ills, including the short stature, pint-sized intellect and light caliber (pun intended) of Bob Costas, will start paying their fair share.
Time to cue the music from the play Hair:
The 3.8% Net Investment Tax will be imposed against individuals, estates and trusts on their investment income, croons TaxNews.com and the 0.9% Additional Medicare Tax applies to an individuals wages and self-employment income, that exceed threshold amounts.
Try singing that to the Age of Aquarius.
Not surprisingly, threshold amounts of income under Obamacare are the same that Obama and Boehner are using to define the rich under the fiscal cliff tax increases demanded by Obamas newest income tax dictates.
Free healthcare, it turns out, is gonna be very expensive for those who have taken advantage of our free system and helped the US become the greatest, most benevolent, most generous country in the history of the world.
And now, to be fair, we have to stop those rich jerks from being so generous.
I dont know about anyone else, but liberals are sick of those rich people in America who give away close to $300 billion to charity annually, or roughly half the countrys defense budget. The government could really use that money to fritter away on things like $115 million for the United Nations program on democracy that funds Promoting Political Tolerance in Malawi, while suppressing political tolerance in the Unites States.
The two new taxes are two of the ACAs 47 tax or tax-related provisions, some of which are already in effect, says TaxNews. Other provisions include individual mandate and employer mandate taxes, restrictions on the use of Flexible Spending Arrangements and Health Savings Accounts, the new tax on medical devices, the health insurance premium subsidy and new requirements for tax-exempt hospitals and group health insurance plans.
Thats a long list of things to pay for. Just wait until we have a chance to pay for these things in places like Malawi.
Because, if you think the healing is going to stop with the rich in the US, you just dont realize how much the earth needs to heal. Or how expensive the global version of Obamacare will be for you once there are no rich left in the US.
Thats when the rest of us who have worked hard to create the most just, racially tolerant, freest and most mobile society ever, will have to do our part too, rather than just sucking off the hard work of the technocrats at the World Bank, the IMF, the United Nations, and the OECD-M-O-U-S-E.
Middle class jerks, all of us!
I dont know about anyone else, but liberals are sick of a rich America that gives away only $53 billion in foreign aid annually. The world could really use more money to fritter away on things like Cap and Trade, a program that can help fund Chinas development of cheaper, dirtier fuels through subsidies by US consumers.
It will only cost a lot more than $200 billion per year.
Because you see, in global perspective, everyone in the United States is really rich and is soaking everyone else around the world- by the very same economic logic liberals now use here at home
Once we screw up government run healthcare, retirement, banking, autos and insurance domestically, the next excuse we can expect to hear is that global failures are a result of America being too rich. And now we are going to have to pay our fair share of the growing global burden for _____________ (insert need here).
We are in the process of transforming the greatest, most benevolent, most generous country in the history of the world into the worlds primary care physician who will be responsible for the health of the rest of the world.
The National Intelligence Council, a government think-tank made up of US intelligence communities, already warns us that we must accept the mantle of the worlds doctor in a recently released report. The NIC is supposed to write intelligence reports made up of the most up to date, unbiased, accurate information, regardless of the views of the administration. So of course, they adopted Obamas views in their latest report.
The most plausible worst-case scenario, the report adds, involves the risks of interstate conflict increasing to the point that the US draws inward and globalization stalls. From there, megacities [will] flourish and take the lead in confronting global challenges.
Another possibility, the writers suggest, is as inequalities explode as some countries become big winners and others fail. Without completely disengaging, the U.S. is no longer the global policeman according to the Council.
Catch the rhetoric about inequalities exploding? OMG, we have to do something.
Im not sure megacities- under the leadership of a King Bloomberg, no less- are the trend of the future.We have seen more and more cities of the non-mega variety failing for decades. They can't even educate 20 percent of our children to GRADE LEVEL, but they are going to lead us globally?
I do know one thing for sure, however: You thought it was expensive to be the global policeman as we have the last seventy years?
Wait until we become the worlds doctor over the next seventy.
One appreciates Ransom’s tongue in cheek; however, on a more serious note, the only thjng that’s going to happen economically in 2013 is that the various national and international economic arrangements are going to continue to weaken and fall apart.
With America leading the way into socialist childishness and irrelevance, we Americans are toast.
The best thing the other nations of the world can do for themselves is to ignore us and write us off as ‘Goners’.
Taxes are now just for punishment.
I swear in the near future a solitary state will be bought by a group of heavily taxed billionaires, that state will secede. And all the wealthy that are being hunted down for taxation will immigrate to this state. I cannot say if this state will be in the CONUS, it could be Alaska, bit cold for most, it could be Costa Rica, too warm for some. Could be the panhandle of Texas.
But I have a vision of the weathy fighting back to evade the communists takeover in America.
I remember the last "Age of Aquarius" and it smelled like arm pits and marijuana.
I remember the last "Age of Aquarius" and it smelled like arm pits and marijuana.
Here is a transcript of these two vailiant leaders working hard to avoid a collapse of America's economy. (Which they both know is going to collapse anyway due to the bloated governemtment that needs the drastic disassembly that nobody talks about.)
Obama: "er, er, er, er, uh, uh, uh we need an inhalator...."
Bonehead:"I, I, I don't know what to say, oh waaaah!"
Let's face it. This nation is washed up and it will take decades, if not eons, to straighten things up. Meanwhile Washington and all the state capitols will have to invent a new way they do the people's business.
Government doesn't work for the people, rather it works for the legions of bureaucratic imbeciles who do little to earn their largesse. Close up the Congress offices. Send the weasels home to work at their computers in have meetings and votes held from there.
Dispersing them like that would drive the lobbiests insane trying to reach all of them.
Now as to this phony, psychotic,marxist-muslim, narcissist: Move his headquarters into the basement. Pull his security, fire his chef, reduce his security level, reduce his pay commensurate with his contribution to this nation. Begin impeachment preparations for him now so that they'll be ready to roll by January 21, which is the day after he'll have his private swearing-in performed.
We want to have Merry Little Christmas, but this jackass, know-nothing stranger has worked hard for families and has, indeed, made our lives and our futures the worst possible!!
53% of Americans voted for this sh*t without even knowing what they voted for.
I told so many people about these things and they looked at me and laughed.
No: That isn’t going to happen. Poor misguided fools Fugged us all.
Taxes have been used for punishment for a long time.
flood into a nice(r) part of Mexico - one with resources to be tapped. Bring in money, power, defense. Set up industries, generate local wealth, hire local defense...
Obama’s right to work for less if you’re “the rich”.
1) The economy must be seen as getting worse not better. If the economy looks like its improving then Republicans will be trusted even less than they are now, and that is very little.
2) If and when #1 happens then the (congressional) Republicans must go on TV every week and repeat over and over “ Obama raised taxes and look what happened”
On NBC or ABC Sunday O Donnell hit Newt with :
“Clinton raised taxes on the upper income to the rates that Obama wants and the economy soared as a result”, Newt replied about the Republicans taking over congress. If this happens again it will be Hillary 2017.
There are many reasons why the economy may still get worse, but right now it is in aslow recovery.
The sad truth is that the truly rich (aka Congress and the Buffets of this world)won’t pay one more penny in taxes. They have the lawyers and the means to take flight. Don’t be surprised if their is a law suit challenging a discriminatory law.
Various Caribbean and Pacific islands
I think 2013 will be a year of nothing like what us being talked about.
good luck with that...what are you going to believe, your reposed car and forclosed house, or the reports of the DOW avg ??? hehehhe...sadly, the 'R's will prolly give bambam enough credit to make it really appear to be a healing earth...
The indebted state will be bought by the Chinese, and we will NOT have the resources or the balls to face them down.
>>>But I have a vision of the weathy fighting back to evade the communists takeover in America.<<<
I agree. I think we’re seeing a replay of the Glorious Revolution of 1688. Back then, we had the elites from royalty and its allies fighting the elites from business and its allies, and the rest of the population kind of ducked for cover.
In this battle, the elites in the federal government, academia, and media are aligned against (roughly, and not precisely) with the elites in business, religion, and the state and local governments. As it is in all civil wars, definitions and allegience are fluid.
Back in the Glorious Revolution, the issue was whether or not the monarch had unlimited power. In this era, the issue is whether the state has unlimited power. Interesting how that theme crops up again.
God help us.