Posted on 12/06/2012 10:52:53 AM PST by Robert A. Cook, PE
So, Obama is fixated - to the point of a "religious" Crusading zealotry - with raising taxes on the rich?
(Even if it means reducing total tax revenues by stifling the economy, sending us back into an ever-steady recession.)
OK. So, even if it won't clear the deficit, why don't we " raise taxes on the rich" ... by passing an immediate, across the board "progressive" tax on all non-defense federal employees and retirees?
Anyone making a total of over $150,000.00 per year (bonus and salary and retirements) gets a 15% tax.
Anyone making a total of over $100,000.00 per year (bonus and salary and retirements) gets a 10% tax.
Anyone making a total of over $75,000.00 per year (bonus and salary and retirements) gets a 5% tax.
And, anyone paying more than 50% of their adjusted gross income in total taxes (federal, medicare, Social Security, state, local, property, sales taxes, natural gas and heating oil and electric taxes, telephone taxes, sewage taxes, gasoline taxes and tire recycling fees and garbage taxes and professional registration taxes and all else, is capped with an "alternative Maximum Tax" of 50%.
Once you pay 50% of your income in taxes, you stop paying.
He gets his "tax the rich" pandering to his socialist base and the economically illiterate.
I am a US Gov(DOD) Employee and I agree w/ this 100%!
>>Once you pay 50% of your income in taxes, you stop paying.
IIRC, The maximum total tax rate for medieval serfs was 30%. Anything higher was considered slavery.
I agree, with the exception that military salaries and pensions are excluded from the tax.
In order to protect the integrity of the office and attract only the best people for the job they will have to exempt themselves from any and all taxing legislation. Did I mention they are due for a raise in pay for those same reasons?
the limosine liberals are not worried about taxes because THEY WILL NEVER PAY THE INCREASE.
The law is targeted at the up and comming. The future nuvo riche who will compete with the limosine liberals. $250,000 per year for four years is registered as “millionare”. With inflation this the new AMT taking.
The government will keep all non-limosine liberals “in the projects” and the limosine liberals will keep the politicians in their delusion of power.
he who has the gold makes the rules. This keeps gold away from citizens. (iow no property for you)
sounds “fair”...
Nope EVERYONE PAYS:
How about this:
Retired Flag/GO(O-7 and above) IMMEDIATLY gets a 30% Tax on Retirment Pay.
Retired CAPT/COL(0-6) IMMEDIATLY gets a 20% Tax on Retirment Pay.
Retired E-9s(MCPO/SGTMaj)IMMEDIATLY gets a 15% Tax on Retirment Pay.
Everyone else 5% Tax on Retirment Pay.
I am a Retired PO1(E-6).
I’ve reported you for the annoying, pointless use of “so.”
There was an article in the local paper yesterday, about the fact that it is estimated that the cost of long term care insurance for six retired and retiring police officers is going to cost the local town, 6 million dollars.
I want to pay what Geitner and Rangel pay.
this is a very good idea..
With the massive uptick in questionable disability claims being granted by Obama-ites, tax disability
Disability at all levels is becoming a way of life for retired LEO and retired firefighters too. TAX IT ALL. It’s currently totally exempt as I write.
Maybe better to cut their pay by what ever percentage the deficit is vs revenues for that yr and tax them at the usual rate for the lower income.
Incentive to balance the budget?
Very good question. If we can tax different groups of people at different rates why not single out rich govt people?
I saw Turbo Tax Timmy on tv this morning.
He is among the most noxious smarmy sniveling twits in the USofA.
Right there with Chucky Schumer and Henry Waxman.
Tax ALL “Disablity” AND “Welfare(in ALL it’s “Forms”) at a rate of at LEAST 15%!
The most disgusting problem I have read is that there are several million federal employees who owe back taxes and have not paid for years.
AND tax ALL Social “Security” “Recipiants(Greedy Geezers)” in the States of FL, AZ, TX AND MS at the rate of 25%.
Here we go with exceptions.
I imagine you mean this to be on top of current Federal taxes? As a DOD civillian making under $75,000, I pay ~19% federal income tax. I’d be happy to knock that down to 5%.
I’ve always wondered why health insurance benefits aren’t taxed though.
Why not just cut the federal salaries, including the Congress and President, using the graduated levels you speak instead of re-writing the tax code?
Explain to each government worker that their cut in salaries are part of Obozo’s shared sacrifice - they are expected to work longer hours on less pay, happy to have a fed’l job working on all the great programs (especially their own) that the citizens and non-citizens must have in order to exist on this planet. I am sure they will understand and happily agree that they are willing to go to the wall for Obozo and make personal sacrifices for “the general welfare” of the country.
Once this is done, then the entitlement crowd can get “invited” involuntarily to the same program - Obozo’s Shared Sacrifice People 1st Program. Except in this case, the explanation is that in order for them to continue to receive such great government services, even if it is just receiving a government check for doing nothing, they have to give back in order for their program to survive. A raffle will be held once a month for 100 free Obozofone (monthly taxes not included), and 1 lucky winner each month will get a call from Obozo himself.
I imagine you mean this to be on top of current Federal taxes? As a DOD civillian making under $75,000, I pay ~19% federal income tax. I’d be happy to knock that down to 5%.
I’ve always wondered why health insurance benefits aren’t taxed though.
I’ll betcha that the majority of this ‘bad’ diability is going to unionized thieves. The unions will fight any attempt at disability taxes to the ends of the earth.
Obama taxing the rich is no more than a bigoted racist hatred of people he has despised since infancy.
It has nothing to do with the economics of the United States. It is payback.
It should stop being sugar coated and recognised for what it is.
It is South Africa and Mandella’s war against whites, only it is here and Obama. It will end the same way, with a country destroyed,.
Actually, the administration is attemtping to cut salaries of some federal workers. The adminsitration wants to cut the Border Patrol’s salary by 30%.
He likes like Mugabe, spending $1.4 billion dollars on he and his family’s lifestyle. The NBC’s of the world would not dare raise this issue.
He is an angry, bitter man at heart, and his Dad/Mentor Frank Marshall Davis fostered his hatred of whites and his adoration of Marxism.
Whites (and some other races, but mainly whites) are the “wealthy” and blacks, across the globe, are poor, as a rule. (Ironically, wealthier in the US than anywhere else, but facts don’t matter to Hussein).
It’s his turn at Social Justice and he does not care what happens to the nation. He is not a steward for all, he is a maggot Commie racist.
AND tax ALL Social “Security” “Recipiants(Greedy Geezers)” in the States of FL, AZ, TX AND MS at the rate of 25%.
....ahhhh so now you want to TAX taxpayers a THIRD time since all Soc Sec is taxable as well as being reduced if you still work once starting payments?? What CommieParty USA did you come from? After getting hosed paying in and getting a whopping negative return (vs 401k) you want to surcharge the small payments you do get which disappear with death... crimmany, what are you thinking????
ymmv
Go call a WAHHHBALANCE!
I agree 100%!
from IBD Jan 2012
“The tax offenders include employees of the U.S. Senate who help write the laws imposed on everyone else. They owe $2.1 million. Workers in the House of Representatives owe $8.5 million, Department of Education employees owe $4.3 million and over at Homeland Security, 4,697 workers owe about $37 million. Active duty military members owe more than $100 million.
The Treasury Department, where Obama nominee Tim Geithner had to pay up $42,000 in his own back taxes before being confirmed as secretary, has 1,181 other employees with delinquent taxes totaling $9.3 million.
As usual, the Postal Service, with more than 600,000 workers, has the most offenders (25,640), who also owe the most — almost $270 million. Veterans Affairs has 11,659 workers owing the IRS $151 million while the Energy Department that was so quick to dish out more than $500 million to the Solyndra folks has 322 employees owing $5 million.
The country's chief law enforcement agency, the Department of Justice, has 2,069 employees who are nearly $17 million behind in taxes. Like Operation Fast and Furious, Attorney General Eric Holder has apparently missed them too.”
In much of medieval France the peasantry got over 200 days a year off!
BTW, when you say you've read something, give us a URL so we can go read it for ourselves.
When it comes to graduate level research scientists and physicians, uncle sam already isn't competitive. You'd simply make a bad situation worse and then wonder why it is top officials in the NIH, or ObamaKKKare make such ignorant decisions!
First, tackle the road repair crews who just stand around holding flags ~ now those guys are definitely not doing anything for their pay!
Or, maybe you think your letter carrier makes too much ~ go screach at him about it someday.
How do you tax federal workers? They don’t pay taxes. They just have misleading paychecks and overly complicated means of receiving their salary.
Those rates of yours? I”d take them in a New York second ~ lower than anything I ever paid!
Not better. That’s the same thing. It’s just that one way involves more paperwork and thereby employs yet more govern unmentioned workers.
First of all, when I filed my taxes I used the same forms everyone else did and paid the same rates. I paid Social Security too. And, I always bought a savings bond and passed on a donation to a charity of my choice.
There is no special lower rate for federal employees. Even your bonuses, if you get bonuses, are taxed, but they are not eligible for inclusion in any computation related to a retirement plan ~ which means you can't even make a 401(K) (called Thrift Savings Plan in the feds) contribution from your own paycheck based on the part that's a bonus.
Regarding sitting down with your boss and colluding with him to obscure the way you get paid and thereby fool the IRS, get serious folks ~ IRS has ALL THE RECORDS on the other federal employees and they make sure they get their pound of flesh.
I am among the lucky elect who got to audit the IRS for proper payment of postage. Boy did they screw up, and did so for years. I could hardly contain myself when I found the errors in their payments ~ jumping up and down in my waffle bottom seat, knocking over my coffee break cups, tossing pens and paperclips left and right ~ WAHOO!!!!!!
Glad I am not the only one who feels that way.
Describes him perfectly.
Thank God they’re not federal employees eh!
Who is this we?
“Here’s your first problem ~ the top ticket people you want to tax more are mostly holders of advanced degrees who actually can walk across the street to get another job.”
While I proposed salary cuts, not taxes, your point is the same.
I was thinking of starting with Congress and the Mis-Administration - lead by example.
Fact of Life - If Congress with or without Obozo don’t deal with the spending problem, the financial markets (where they will have to go with their tin cups) will eventually solve their problem for them. Then there won’t be any jobs across the street for the scientists or physicians period. Better they walk to something now, than nothing later. The Big Spenders in DC are the ones that made the mess; they hired good people whom they can’t afford. With all the other wasteful spending they do, not my problem to help perpetuate failed liberal programs.
Uh.....I already suffer from a 36% tax on my retirement pay. Don't make it any worse.
SFC E-7(Ret)
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