It's that time of year again and I just wanted to lob a question to the group, has anyone benefited from the tax cuts? I just got my taxes done and they helped me out.
Bush Tax cuts
- Thread starter ryson
- Start date
Absolutely, the cuts helped, but still not enough!
I was fortunate to make some good money on some stocks and after selling them,,I got a good education on the Alternative Minimum Tax (AMT)!!!
Now, there's no logic here except it is more "hey, let's take more from those rich guys!!",,well, I'm not one of those rich guys, but, there's nothing to do but pay.
Bottom-line, I was left with 50% after taxes!
That's not right,,,why take the risk?
Sorry for the rant, no,,here's more...
In my next life:
No college- especially no working myself through like I did
No re-locating my family trying to get ahead
I'm going to just work, live, try to gamble a little for pocket-money
Be a democrat where I'd have lots of help, fighting for me, the little-guy that needs someone to look after my best interest!!
:shrug:
I was fortunate to make some good money on some stocks and after selling them,,I got a good education on the Alternative Minimum Tax (AMT)!!!
Now, there's no logic here except it is more "hey, let's take more from those rich guys!!",,well, I'm not one of those rich guys, but, there's nothing to do but pay.
Bottom-line, I was left with 50% after taxes!
That's not right,,,why take the risk?
Sorry for the rant, no,,here's more...
In my next life:
No college- especially no working myself through like I did
No re-locating my family trying to get ahead
I'm going to just work, live, try to gamble a little for pocket-money
Be a democrat where I'd have lots of help, fighting for me, the little-guy that needs someone to look after my best interest!!
:shrug:
I don't understand who got mind. Maid a little less because it was my first full year of reiterment. And my tax went up 101 bucks. I guess im one if those middle Americans that got screwd for the millionares and billionares.
got about the same back with considerably less taken out in taxes each check. I would say they have definitely benefitted me.
I did great. Well not me personally but I have a cousin who is a VP of a fortune 500 company. He did great and he told me that the jobs they are out sourcing off shore will really help me. So all though I am still struggling it is pretty good to know that that trickle will soon be here!
Stevie D. ,doesn't matter. Those on the ball will make the money and those of us in the middle will get it from both sides.
I'm pretty down, I make good money and live just like some in my family who never paid the price,,just went out and got a job and gets nice government benefits, free healthcare.
Oh well, life's still better than 4 years ago,,I know that for sure.
I'm pretty down, I make good money and live just like some in my family who never paid the price,,just went out and got a job and gets nice government benefits, free healthcare.
Oh well, life's still better than 4 years ago,,I know that for sure.
Eddie To you and your 70 million comrades.
You should pay taxes to be entitled to bitch about taxes.
"We are approaching the point where voters adversely affected by the income tax are a minority that can be exploited to the hilt. There are 129 million taxpayers. The top 5 percent of income earners (6.5 million people) already bear 54 percent of the income tax burden. The top 25 percent (32 million people) pay 83 percent of the total personal income tax collection.
The remaining 75 percent of taxpayers (97 million people) bear only 17 percent of the income tax burden, and 70 million voters have NO INCOME TAX liability whatsoever"
You should pay taxes to be entitled to bitch about taxes.
"We are approaching the point where voters adversely affected by the income tax are a minority that can be exploited to the hilt. There are 129 million taxpayers. The top 5 percent of income earners (6.5 million people) already bear 54 percent of the income tax burden. The top 25 percent (32 million people) pay 83 percent of the total personal income tax collection.
The remaining 75 percent of taxpayers (97 million people) bear only 17 percent of the income tax burden, and 70 million voters have NO INCOME TAX liability whatsoever"
Then why does the gap between the rich and poor continue to expand (at the expense of the middle class) under your boys tutelage? Still waiting for Reagans trickle down to happen.
Ed
Just noticed 3 to go until I hit 4 figures.
Ed
Just noticed 3 to go until I hit 4 figures.
"Then why does the gap between the rich and poor continue to expand(at the expense of the middle class) under your boys tutelage?"
Might be because of all the opportunities for those with initiative and hard work to excell to substantial rewards while those on welfare ect have not got equal raises as you and liberals would like.
I quess I come from the old class where you are rewarded for your actions or penalized for lack thereof.
----and I and my friends are about as middle class as you can get.
Its not the middle class bitching, its the deadbeats that vote demographically 90% liberal hoping for your "promised" handouts.
While it is no secret the uneducated and ill informed are the easiest to dupe, your problem arises in getting them to have enough intiative to vote. Closing bars on election day was big step toward this--if you can just find a way to have them pick up their checks and food stamps ect at the polls,you'll have mission accomplished--or maybe you could hand out free lotterey tickets
Might be because of all the opportunities for those with initiative and hard work to excell to substantial rewards while those on welfare ect have not got equal raises as you and liberals would like.
I quess I come from the old class where you are rewarded for your actions or penalized for lack thereof.
----and I and my friends are about as middle class as you can get.
Its not the middle class bitching, its the deadbeats that vote demographically 90% liberal hoping for your "promised" handouts.
While it is no secret the uneducated and ill informed are the easiest to dupe, your problem arises in getting them to have enough intiative to vote. Closing bars on election day was big step toward this--if you can just find a way to have them pick up their checks and food stamps ect at the polls,you'll have mission accomplished--or maybe you could hand out free lotterey tickets
Dogs, it seems to me that not too many people had trouble making money under the last administration. In fact, Greenspan had to step in and slow the economy down. We can debate why he though he had to do that but he did it just the same. He slowed the economy down with 4 raises in the interest rate, killing the market. Under Bush he has done nothing but lower the rate just to keep the market afloat. A rate hike here or there would have been the end of this recovery. A lot of people work hard. Not everyone is looking for a hand out.
My friends are in the service business and their business is going really well since the cuts. I guess more folks are letting go of some cash.
I'm conservative on social issues and for that I like Bush,,but I'm continuing to lean liberal on econ. issues. I am tired of running hard and making more, only to have more taken,,I'm tired.
I've figured, for the risk I am taking,,it is better to stay on the left side of the fence and have enormous support vs. the other side.
The only problem with this approach is, I'm going to cut my work-force, not invest in new equipment, etc., and while I have alot of feelings for these folks, that's how I'm going to go about my business.
I hope this all makes sense,,I've just seen too much given to those who just work and taken from those who work, take risks and invest. For me it doesn't make sense and I'm going the other way!
I'm conservative on social issues and for that I like Bush,,but I'm continuing to lean liberal on econ. issues. I am tired of running hard and making more, only to have more taken,,I'm tired.
I've figured, for the risk I am taking,,it is better to stay on the left side of the fence and have enormous support vs. the other side.
The only problem with this approach is, I'm going to cut my work-force, not invest in new equipment, etc., and while I have alot of feelings for these folks, that's how I'm going to go about my business.
I hope this all makes sense,,I've just seen too much given to those who just work and taken from those who work, take risks and invest. For me it doesn't make sense and I'm going the other way!
Eddie Haskell said:
Eddie's using third world Populism slogans again. Taught in the Revolutionary School of Socialist Reform (i.e. - how to screw the people, implement total government control by a few elite AND still be seen as a good guy because you really care about people and equality).
What gap? If you wanna see gaps, take a trip overseas to most places, especially in the so-called "social-liberal" countries. It's shameful and depressing.
Heck, all I see here are more and more people buying houses and doing the ususal consumer frenzy spending that unfortunately we've become used to.
But that's allright, because you really care about the people.
On to slay another Capitalist Dragon!
Nosigar:
Although not advocating the same under the current economic and political systems, the ideal form of government is a benevolent dictatorship. The application of democracy presently implemented ain't working, nor will it ever work fairly for all.
Although I'm not very good at running to the internet to grab a link to some article from a source to prove a point (we all know both sides can do that, hell Dogs that Bark holds the record for most hits on Fox News and National Review webcites), you really do not believe that the gap between rich and poor (republicans and democrats) hasn't been widening? If so, how has your twenty year sabbatical on Jupiter been?
Dogs we finnally agree!!!! I couldn't agree with you more that "... the uneducated and ill informed are the easiest to dupe...". I just have this funny feeling that we may differ on who are the uneducated and ill informed. You see, many of the burr haircut blockheads who vote your way appear to me to be quite poorly educated and most definitely ill informed.
Kinda like our current president. By the way, the de facto president of this country, Cheney threw out the first ball at the Reds opener last monday (I had the distinct pleasure of watching that criminal in person at the game). Glad to say saw about 50 or so people in my section not stand when the criminal was introduced and basically ignore his photo op.
Not bad for this sewer city and bastion of conservatism I live in. So far, looking pretty good for November. Unless the money commin in from CREF Committee to Re-elect the Felon). How many dead Iraqi's and Americans to date in our hunt for weapons of mass destruction.
You are dead right on on the uneducated and ill informed.
Ed
Although not advocating the same under the current economic and political systems, the ideal form of government is a benevolent dictatorship. The application of democracy presently implemented ain't working, nor will it ever work fairly for all.
Although I'm not very good at running to the internet to grab a link to some article from a source to prove a point (we all know both sides can do that, hell Dogs that Bark holds the record for most hits on Fox News and National Review webcites), you really do not believe that the gap between rich and poor (republicans and democrats) hasn't been widening? If so, how has your twenty year sabbatical on Jupiter been?
Dogs we finnally agree!!!! I couldn't agree with you more that "... the uneducated and ill informed are the easiest to dupe...". I just have this funny feeling that we may differ on who are the uneducated and ill informed. You see, many of the burr haircut blockheads who vote your way appear to me to be quite poorly educated and most definitely ill informed.
Kinda like our current president. By the way, the de facto president of this country, Cheney threw out the first ball at the Reds opener last monday (I had the distinct pleasure of watching that criminal in person at the game). Glad to say saw about 50 or so people in my section not stand when the criminal was introduced and basically ignore his photo op.
Not bad for this sewer city and bastion of conservatism I live in. So far, looking pretty good for November. Unless the money commin in from CREF Committee to Re-elect the Felon). How many dead Iraqi's and Americans to date in our hunt for weapons of mass destruction.
You are dead right on on the uneducated and ill informed.
Ed
There is a big misconception about the effects of outsourcing jobs. Most people look at it as taking jobs away from an American and giving the job to someone else for less pay.
#1. Corporations have an obligation to their investors/owners to maximize profits.
#2. We are a capitalist country whose very existance encourages people to earn money.
..........
#3 Recent studies have clearly proven that outsourcing jobs has led to the addition of more jobs in the US because corps are making more money which allows further expansion, purchase of equipment, more profits for investors who reinvest, ad infinitum. In addition, some of the money sent overseas for outsourcing comes back to us in the form of purchases of American goods.
#4 If outsourcing jobs is leading to widespread loss of jobs in the US, why hasn't this shown up in recent employment statistics?
I am no fan of Bush, but we all know that he personally has little impact on the economy. It is sooooo easy to complain about the outsourcing of jobs, but to paint it as a disaster waiting to happen is not an intelligent response. Corporations within the US have outsourced jobs, not over seas but within the US, for many years now. Bottom line is that it saves money and makes it easier to survive in a country whose taxes have already put an unbelievable burden on business owners. Perhaps I am jaded living in California where we are losing businesses right and left due to the almost absurd regulations are state has imposed.
#1. Corporations have an obligation to their investors/owners to maximize profits.
#2. We are a capitalist country whose very existance encourages people to earn money.
..........
#3 Recent studies have clearly proven that outsourcing jobs has led to the addition of more jobs in the US because corps are making more money which allows further expansion, purchase of equipment, more profits for investors who reinvest, ad infinitum. In addition, some of the money sent overseas for outsourcing comes back to us in the form of purchases of American goods.
#4 If outsourcing jobs is leading to widespread loss of jobs in the US, why hasn't this shown up in recent employment statistics?
I am no fan of Bush, but we all know that he personally has little impact on the economy. It is sooooo easy to complain about the outsourcing of jobs, but to paint it as a disaster waiting to happen is not an intelligent response. Corporations within the US have outsourced jobs, not over seas but within the US, for many years now. Bottom line is that it saves money and makes it easier to survive in a country whose taxes have already put an unbelievable burden on business owners. Perhaps I am jaded living in California where we are losing businesses right and left due to the almost absurd regulations are state has imposed.
Stevie I agree with you 100% Greenspan did put economy in tail spin at end of Clinton adm and low interest rates have been the savior for current adm. --Once again I do not feel a president has as very much input on eco conditions---and those with intiative will succeeed under both adm while those who lack ambition will equally fail under either.
Eddie "Dogs we finnally agree!!!! I couldn't agree with you more that "... the uneducated and ill informed are the easiest to dupe...".
some "FACTS" that may be on interest to you concerning voting demographics of last election.
Vote by Class All Gore Bush Buchanan Nader
Upper Class 4 % 56 % 39 % 0 % 3 %
Upper-Middle 27 % 43 % 54 % 0 % 3 %
Middle Class 46 % 48 % 49 % 0 % 2 %
Working Class 18 % 51 % 46 % 0 % 3 %
Lower Class 2 % 0 % 0 % 0 % 0 %
Vote by Education All Gore Bush Buchanan Nader
No H.S. Degree 5 % 59 % 39 % 1 % 1 %
High School Graduate 21 % 48 % 49 % 1 % 1 %
Some College 32 % 45 % 51 % 0 % 3 %
College Graduate 24 % 45 % 51 % 0 % 3 %
Post-Graduate Degree 18 % 52 % 44 % 0 % 3 %
You might want to bookmark this link so you have some basic backround--it has several good links in it for both sides.
http://usconservatives.about.com/library/weekly/aapartydemographicsa.htm
and after we finish with your no income tax 70 million complainers we'll hit on this tax also which they,for most part , do not pay.
http://story.news.yahoo.com/news?tm...satoday/risingpropertytaxesscareoffhomeowners
Eddie "Dogs we finnally agree!!!! I couldn't agree with you more that "... the uneducated and ill informed are the easiest to dupe...".
some "FACTS" that may be on interest to you concerning voting demographics of last election.
Vote by Class All Gore Bush Buchanan Nader
Upper Class 4 % 56 % 39 % 0 % 3 %
Upper-Middle 27 % 43 % 54 % 0 % 3 %
Middle Class 46 % 48 % 49 % 0 % 2 %
Working Class 18 % 51 % 46 % 0 % 3 %
Lower Class 2 % 0 % 0 % 0 % 0 %
Vote by Education All Gore Bush Buchanan Nader
No H.S. Degree 5 % 59 % 39 % 1 % 1 %
High School Graduate 21 % 48 % 49 % 1 % 1 %
Some College 32 % 45 % 51 % 0 % 3 %
College Graduate 24 % 45 % 51 % 0 % 3 %
Post-Graduate Degree 18 % 52 % 44 % 0 % 3 %
You might want to bookmark this link so you have some basic backround--it has several good links in it for both sides.
http://usconservatives.about.com/library/weekly/aapartydemographicsa.htm
and after we finish with your no income tax 70 million complainers we'll hit on this tax also which they,for most part , do not pay.
http://story.news.yahoo.com/news?tm...satoday/risingpropertytaxesscareoffhomeowners
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I was just hopeing to be part of this tax cut.
Eddie you saw Cheney trow out the first pitch. Why the hell did Bush do it over again in ST Lou. Don't either of thes guys got anyting todo. Well other then fund raisers. Since when do we need both to this tough job. Must be election year and they are worried. OR there trying to make Cheney look clean. Eddie tell me you were just BS'ing us. Cheney throwing out a first pitch.
Eddie you saw Cheney trow out the first pitch. Why the hell did Bush do it over again in ST Lou. Don't either of thes guys got anyting todo. Well other then fund raisers. Since when do we need both to this tough job. Must be election year and they are worried. OR there trying to make Cheney look clean. Eddie tell me you were just BS'ing us. Cheney throwing out a first pitch.
