ARE YOU NEW HERE? NOT LOGGED IN? PLEASE TAKE A MOMENT TO REGISTER FOR AN ACCOUNT AND LOGIN TO REMOVE THIS WINDOW
Welcome to PatsFans.com. Do you have an account? If not - please take a moment to register for our forum and experience a much smoother experience with fewer ads, along with no longer having to see this notification window. Also learn about how you can receive a free Patriots T-Shirt from the Patriots Official ProShop by CLICKING HERE. Please enjoy your stay here, and Go Pats!
The California Democrat sent a letter Wednesday to House Speaker John A. Boehner (R-Ohio) calling on him to schedule an immediate vote to make permanent the Bush tax cuts for income below $1 million annually. President Obama’s position has been that the tax cuts should be extended, but only on income of $250,000 or less.
Republicans, of course, insist on maintaining the upper-income tax cuts in their entirety, a move that would cost an estimated $850 billion over the next decade — $1 trillion, including the cost of paying additional interest on the debt, according to the Center on Budget and Policy Priorities.
DONATE TO PATSFANS.COM
RECEIVE A FREE PATS T-SHIRT AND SAVE 15% OFF WHEN YOU BUY FROM THE OFFICIAL PROSHOP!
Free T-Shirt & Save 15% Off!
Like Our Site? Please help support our site and server costs by DONATING TO PATSFANS.COM and receive a FREE PATRIOTS T-SHIRT and SAVE 15% off EVERY purchase you make from PatriotsProShop.com. You'll also receive added benefits to your account including Removing All Ads During Your Experience Here At Our Forum.
NEEDED YEARLY SITE DONATIONS: 345 | CURRENT # OF SUBSCRIBED SUPPORTERS: 98
Can't stand this lady, she's everything that's wrong with liberals......Her and Reid give a bad names to all Libs, they need to kick her to the curb....
__________________
America's present need is not heroics but healing; not nostrums but normalcy; not revolution but restoration.
Warren G. Harding
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
The dirty little secret is that largest % tax cuts in the "Bush tax cuts" went to lower and middle income people. For all the rhetoric about tax cuts for the rich from the dems they know that if the tax cuts expire the middle class and working poor will get hammered.
So they are now backtracking and will continue to scream about tax cuts for the rich......
__________________
"Some guys play in all-star games, some guys don't. I don't know who picks all those all-star teams. In all honesty, I don't know who picks the combine, for that matter," Belichick said. "How does (Miami-Ohio offensive lineman Brandon) Brooks not get invited to the combine? How did Vollmer not get invited to the combine? I don't know. We can't really worry about that. We just have to try to evaluate them the best we can."
This is about getting the vote done so Republicans can be identified as supporters for tax cuts for the rich. It's all about the neocons' position in the CLASS WARS
__________________
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
For it to be a dirty little secret is has to 1) be true, and 2) not be screamed constantly by partisan hacks.
Well the folks paying the 10% rate are going to go to a 15% rate effectively a 50% increase in their federal rate, of course partisan hacks ignore this simple fact.
__________________
"Some guys play in all-star games, some guys don't. I don't know who picks all those all-star teams. In all honesty, I don't know who picks the combine, for that matter," Belichick said. "How does (Miami-Ohio offensive lineman Brandon) Brooks not get invited to the combine? How did Vollmer not get invited to the combine? I don't know. We can't really worry about that. We just have to try to evaluate them the best we can."
sure 13, and that's a killer point to make with everybody arguing for the Bush cuts for the middle class and poor to expire. That group would be... oh that's right, nobody.
By the way, the rates prior to 2003 where 15% was the lowest bracket taxed 15% from $0 to about $27K on a single income.
The 2003 rates introduced a 10% bracket for those making about $7,500 or less. The rest of those people stayed at 15%.
By the way, aren't those the same people you believe should be paying more?
If there's anybody who'd want that 10% rate to expire in this conversation, it's you, with your constant complaint about how many poor people have a $0 effective tax burden.
By the way - I can see the tactics of the move but it's extremely annoying strategically. Sooner or later we have to get to the point where we admit you're doing fine if you make $250K. I am in a high cost of living area, and the Mrs. is no longer bread-winning for various reasons (and they're legit, so please try to avoid personal attacks on that subject.) I bring in just enough where I've started earning a few thousand that don't get social security taxed. That's it for the household. Sure I'd like to have more $ - everybody would. But I'm making good progress against my ridiculously underwater mortgage, and we live just fine (i.e., I am selfish enough to eat lunch out each day, we order dinner when we want, the Mrs. sometimes -- far too often, actually -- persuades me to take her to a casino.)
If there's all that left over at my income, I'm thinking the income north of $250k might include an expendible dollar or two as well.
Now granted -- I am not paying for a jet ski, a European vacation, three ivy league educations, blah blah blah. But that hardly establishes the earner of said income as "stuggling."
You may think only individuals in the top two brackets will face higher federal income taxes if the Bush cuts go bye-bye as scheduled on Jan. 1, 2013. Not true. Unless Congress takes action and the president goes along (whoever that is), rates will go up for everyone -- not just "the rich." Specifically, the existing 10% bracket will go away, and the lowest "new" bracket will be 15%. The existing 25% bracket will be replaced by the "new" 28% bracket; the existing 28% bracket will be replaced by the new 31% bracket; the existing 33% bracket will be replaced by the 36% bracket; and the existing 35% bracket will be replaced by the 39.6% bracket.
There will be a harsher marriage penalty, indexing for the alternative minimum which will hit millions of middle income taxpayers.
Read the article.
__________________
"Some guys play in all-star games, some guys don't. I don't know who picks all those all-star teams. In all honesty, I don't know who picks the combine, for that matter," Belichick said. "How does (Miami-Ohio offensive lineman Brandon) Brooks not get invited to the combine? How did Vollmer not get invited to the combine? I don't know. We can't really worry about that. We just have to try to evaluate them the best we can."
This is about getting the vote done so Republicans can be identified as supporters for tax cuts for the rich. It's all about the neocons' position in the CLASS WARS
No need for libs to worry. I have every confidence that the tone-deaf GOP will play right into their hands.
4Likes
Congress Woman Wants Bush Tax Cuts Extended.
Linear Mode
