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A 65% marginal tax rate for middle-income people will encourage them to work less. Raising marginal rates on the "rich" encourages the lower-income spouse, more often the wife, to stay home. In general, liberals want women to be doing paid work, not staying home taking care of their families, but the tax code they favor encourages the opposite.
1 posted on 03/08/2009 2:45:24 PM PDT by reaganaut1
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To: reaganaut1
What's my stimulus in all of this?

Volcanic anger.


2 posted on 03/08/2009 2:49:00 PM PDT by Viking2002 (The Occupation has begun. God help America.)
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To: reaganaut1

For me ???? BWHAHAHAHAHAHAHAHAHAHHAHHAAHAHAHAHAHHAHAHAAHa !!!


3 posted on 03/08/2009 2:54:11 PM PDT by Deetes (God Bless the Troops)
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To: reaganaut1
but the tax code they favor encourages the opposite.

No kiddin! Why work extra hard when you won't get it? Now THAT would be the definition of insane. And count on a flood of wealthy and retired folks leaving the U.S...

4 posted on 03/08/2009 2:55:15 PM PDT by John123 (The US may be going down the drain, but everyone else will drown first...)
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To: reaganaut1

Proving once again that the tax code is too complicated for Tax Accountants, but not so complicated that the average Joe would get the same treatment as the Treasury Secretary, who gets a bye!!


6 posted on 03/08/2009 2:57:02 PM PDT by PISANO
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To: reaganaut1

The more they squeeze us the more favorable it is for us to tell them to go to Hell. I think we have reached that point.


8 posted on 03/08/2009 3:00:55 PM PDT by CodeToad (Liberalism is Communism, and both are a mental disorder. Grow up.)
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To: reaganaut1

“They’re less likely to spend the extra cash ...”

What the Dems ignore is that the primary reason we are in this recession to begin with is that the “rich” people who own the stocks and the homes took a big hit when the value of those assets fell, and now have in fact tightened up the purse strings as a result. They aren’t going to start spending again until something gives, and Obama apparently won’t let that happen.


9 posted on 03/08/2009 3:01:58 PM PDT by Brilliant
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To: reaganaut1

Starve the beast. Work less, pay less taxes.

Now is the time to become ‘undocmumented’ ... trade or barter for goods and services. I see a black market forming (or expanding rather).


10 posted on 03/08/2009 3:03:14 PM PDT by Lorianne
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To: reaganaut1
A 65% marginal tax rate for middle-income people will encourage them to work less.

Doesn't a socialist society leave only one option anyway?

Pay or wither away and die.

11 posted on 03/08/2009 3:05:27 PM PDT by EGPWS (Trust in God, Question everyone else)
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To: reaganaut1

The problem is how is one supposed to know that they are in danger of triggering some tax threshold that would make it unprofitable to work that extra overtime?

Middle class people need to keep a tax accountant on retainer year round just to make sure they don’t shoot themselves in the foot because of these silly tax parameters.

Flat tax now!


12 posted on 03/08/2009 3:05:34 PM PDT by Incorrigible (If I lead, follow me; If I pause, push me; If I retreat, kill me.)
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To: reaganaut1

I’ll get about the same as I got from the Wall Street bailout.


13 posted on 03/08/2009 3:06:08 PM PDT by Wolfie
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To: reaganaut1
So What's in the Stimulus for You? Nothing!

Not true! I received higher taxes and a ton of debt!
15 posted on 03/08/2009 3:07:19 PM PDT by etradervic (Where Obama goes, death follows.)
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To: reaganaut1

It’s cooking. The eruption will come. I still volunteer to operate the Guillotine.


16 posted on 03/08/2009 3:08:02 PM PDT by Da Coyote
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To: reaganaut1

I’ve said it before, I’ll say it again:

O ne

B ig

A ss

M istake

A merica!


17 posted on 03/08/2009 3:08:19 PM PDT by 2harddrive (...House a TOTAL Loss.....)
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To: reaganaut1

It’s cooking. The eruption will come. I still volunteer to operate the Guillotine.


18 posted on 03/08/2009 3:09:22 PM PDT by Da Coyote
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To: reaganaut1

- TAXES
R
E
H
G
I
H


19 posted on 03/08/2009 3:12:14 PM PDT by blueyon (Obama, the honeymoon is over, I WANT A DIVORCE!)
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To: reaganaut1
ZERO, unless you are counting more taxes to pay.
21 posted on 03/08/2009 3:16:07 PM PDT by RetiredArmy (Destruction of the US Economy: Obama's Global War on Prosperity!!!)
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To: reaganaut1
So What's in the Stimulus for You?

Radio comedy.

23 posted on 03/08/2009 3:23:21 PM PDT by humblegunner (Where my PIE at, fool?)
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To: reaganaut1

What’s the world coming to when a single mom with three kids can’t work two jobs without taking a tax hit? Jeez!


24 posted on 03/08/2009 3:24:08 PM PDT by Wolfie
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To: reaganaut1

29 posted on 03/08/2009 3:56:29 PM PDT by rhema ("Break the conventions; keep the commandments." -- G. K. Chesterton)
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To: reaganaut1

Exactly! I don’t work outside of the house b/c of the tax code...I’d basically be working and then handing over my money to the government...no thanks! And the so called feminists are no where to be found....


30 posted on 03/08/2009 3:58:22 PM PDT by socialismisinsidious ( The socialist income tax system turns US citizens into beggars or quitters!)
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