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The 2% Illusion (EVERYONE'S ox is gonna get gored - not just the rich)
The Wall Street Journal ^ | February 26, 2009 | Editorial

Posted on 02/25/2009 8:25:14 PM PST by St. Louis Conservative

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To: jersey117
I'd rather take a pay cut than let zero spread any of the wealth that I've worked hard for over the past 30 years.

My husband took a 20% pay cut to take a job that he really enjoys. And this year, we weren't even hit by the AMT! I think it was a deal all the way around.
61 posted on 02/26/2009 12:28:51 PM PST by CottonBall
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To: CottonBall

I want to retire to a simple life in the peaceful woods too someday. That’s something I’ve always thought about. It’s just that life has been far richer for not having given up on life in the beehive. Against my wishes I have always ended up working in the highest taxed, most leftist, most whacked out areas of the country. I’m happy despite this, certainly not because of it. I could bail out now but I’ve got 20 productive years left. When I do go, I hope to do it on my timetable and not from getting beat-down by the dark side.


62 posted on 02/26/2009 12:54:07 PM PST by Reeses (Leftism is powered by the evil force of envy.)
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To: CottonBall

Are they that stupid not to notice that they are getting less money in their pay checks once the Bush tax cuts expire?


63 posted on 02/26/2009 1:08:27 PM PST by jveritas (God Bless our brave troops)
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To: Ethrane
"...life’s too short."

Well, it will be now (probably).

64 posted on 02/26/2009 1:45:24 PM PST by XenaLee
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To: jveritas

Would the withholding amount change when Bush’s tax cuts either were implemented or expire?


65 posted on 02/26/2009 1:57:16 PM PST by CottonBall
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To: CottonBall
The Bush tax cuts went straight on the pay check i.e. more money in the pay check. When they expire the tax increase will be shown right on the pay check i.e. less money in the pay check. You do not need to wait until you file your taxes to see it unless you are self employed then they will pay the lump sum in tax increase at the filing of tax return.
66 posted on 02/26/2009 2:03:37 PM PST by jveritas (God Bless our brave troops)
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To: jersey117

Me too. I’m tired of working for the government for no reason. I’ll retire this year, and become a liability. Live off my savings, SS and pension.


67 posted on 02/26/2009 6:07:12 PM PST by GregoryFul
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To: Keyboard Commando
I’m pretty sure I’m going to forget to disclose the rest.

You aren't the only one! Anything we can do for cash is going to be done for cash ONLY! Screw these big government elected officials. Let them pay for it!

68 posted on 02/26/2009 6:14:27 PM PST by kcvl
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To: Reeses
What is it you want to do to the rich Wall Street bankers?

Oh, me. I am so tired of being called a class envious socialist that I think they ought to keep all of their ill-gotten loot. Indeed, let us provide jets for them to take it all to Switzerland and not pay any taxes on it at all. Last thing I would want to do is take any of this money back which they stole by the sweat of their own brows pouring over the books of their funds at 3AM while their investors were idiotically sound asleep.

Besides we need them. Without their genius in investment [sarcasm emphasized for nitwits like you who cannot get a point] who will finance the next boom in big box stores, Miami condos and casinos in Vegas and Atlantic City, all of those enterprises upon which the wheels of American industry turn [again emphasizing the dripping pointed sarcasm].

69 posted on 02/26/2009 7:29:32 PM PST by AndyJackson
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To: AndyJackson
I am so tired of being called a class envious socialist

If you're getting feedback from multiple people along those lines then maybe they have a point. Leftism is motivated by envy and resentment, so whenever you throw an envy tantrum you come off sounding exactly like a leftist.

You didn't answer my question seriously. What do you want to do to the Wall Street bankers? Confiscate their commissions after the buyer lost their shirt? No one made anybody buy the new fangled scrutinized mortgages. It was a stupid product idea but salesmen, and politicians, sell stupid ideas all the time.

Leftist politics caused this depression and now leftists have exploited the situation to impose much more socialism. Your attention seems to be diverted away from the main action towards confiscating past commissions made on Wall Street, just like a leftist. Other than fleetingly placating your envy and resentment, how would that solve anything?

Bubbles are really bad. Right now we've got a government bubble forming. Half of America seems to be cheering for the total financial destruction of America, out of envy of other Americans.

70 posted on 02/27/2009 6:34:48 AM PST by Reeses (Leftism is powered by the evil force of envy.)
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To: St. Louis Conservative

Just wait in 1 year 6 months during the congressional elections, democrats will be spinning that the tax INCREASE is really a tax CUT.

all those useful stooges are going to be really happy.

and what is going to happen when INFLATION MAKES 250,000 tommorrow the same as 20,000 today?

Obama voters are delusional.


71 posted on 02/27/2009 6:50:18 AM PST by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: Reeses

“A second front could be to put sand in the socialist gears, help turn every redistributionist program into an over-budget disaster, not that it wouldn’t become one anyway. The internet is our information friend. We now have super-human powers of communication, open source wisdom, and information sharing.”

IF, (and IMHO, that’s a huge if) we can keep that communication sharing...


72 posted on 02/27/2009 1:15:52 PM PST by Senormechanico
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