Posted on 07/07/2009 9:56:20 AM PDT by reaganaut1
Very worthwhile revision.
Nope, just a response, although if my wife and I earned 200K, we would consider ourselves to be extremely wealthy.
You have many middle class families who have two hard working parents earning 200k. It could be a teacher and a fireman here in CA. The extra 4% would come straight out of their housing costs..and further kill the housing market. People like that aren’t going to give up their savings..cause they know they need it. They are already going to hold on to their old cars. But, they will scale back their home purchase to match their take home pay.
So they want to tax (some of) us to fix a health care program that is not broken and one that 87% of the general population doesn’t want. We need to get these arseholes out of Washington.
( sarc/off.... )
Hey maybe if Country Wide gets into the medical business, Dodd and Frank can get a sweetheart deal...
Ewww... I can't believe I said Frank and sweetheart in the same sentence....
Zero keeps telling us health care reform is going to save money. So why do they need to raise taxes?
Smokescreen. That won’t give them enough money. Remember Clinton tax on millionaires?
Any tax increase will hit everyone making over $50k
These stooges will go along with Rep Miller's Gov't Annunity sceme to replace 401's etc, because it will help ease their pain....
You didn't see that coming?
” although if my wife and I earned 200K, we would consider ourselves to be extremely wealthy.”
Depends upon where you live.
My kids make $235K married and can’t afford to buy a house in Arlington VA where they live.
A tiny craftsman on a miniscule lot is 800K
That dumb half will always vote your taxes up.
As if the government sowed it...
All of the extra charges on people making less than 250k are, essentially, voluntary. Obama isn't, thus, raising their taxes, they are raising their own taxes.
Obama isn't making them smoke... have private health insurance... use energy... have a job... it's all voluntary.
The Democrats are stupid...jacking up taxes in the middle of the worst recession since the 1930s. Of course, they did the same thing back then, too, and look where that got the US.
I’m surprised they are not aiming for a psychologically-sound 1%.
Why? OK, what benefit is there to introducing a minimum mileage requirement of 1 mpg for cars? Easy. To opponents, they simply say, “what on earth is wrong with you? Do you honestly believe a car that gets less than 1 mpg should belong on the road, or that such a car is even necessary by any stretch of the imagination? This is a common-sense rule all Americans can afford and embrace! Honestly, how can one say 1 mpg is too much to ask?” What follows is obvious.
For the wealthy-tax, it will be cut down to 1% in the senate, and will then pass. Even 0.001% is all they politically need, because after that it is a case of adjusting an existing lever, or engineering formulae such that rates automatically adjust to higher levels gradually with time and/or abruptly via the triggering of certain conditions. They can take 1% in 2010, and by 2013 get that up to 4%, with the additional rate applying to incomes down to the $125k level (kept in constant 2009 dollars...they have learned that indexing tax brackets to inflation is a big no-no - it is only convenient for government benefits to be thusly indexed).
Move every dime you can into a Roth IRA.
If you make more than 100K/year you can’t do it this year, but you will be able to do it next year.
My wife and I have lived in a number of places, and we’ve never earned 200k. I would consider myself wealthy if I made that much, anywhere.
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