cjhsa
 
  1  
Wed 21 May, 2008 10:16 am
Wow, I must be in the wealthiest 2% of Americans...... NOT.

Keep posting BS eyeball and I'll keep calling you on it.
0 Replies
 
cjhsa
 
  1  
Wed 21 May, 2008 10:17 am
> INCOME TAX
> MCCAIN
> (no changes)
> Single making 30K - tax $4,500
> Single making 50K - tax $12,500
> Single making 75K - tax $18,750
> Married making 60K- tax $9,000
> Married making 75K - tax $18,750
> Married making 125K - tax $31,250

> OBAMA
> (reversion to pre-Bush tax cuts)
> Single making 30K - tax $8,400
> Single making 50K - tax $14,000
> Single making 75K - tax $23,250
> Married making 60K - tax $16,800
> Marri ed making 75K - tax $21,000
> Married making 125K - tax $38,750
>

> CLINTON
> (reversion to pre-Bush tax cuts)
> Single making 30K - tax $8,400
> Single making 50K - tax $14,000
> Single making 75K - tax $23,250
> Married making 60K - tax $16,800
> Married making 75K - tax $21,000
> Married making 125K - tax $38,750
0 Replies
 
Cycloptichorn
 
  1  
Wed 21 May, 2008 10:20 am
cjhsa wrote:
> INCOME TAX
> MCCAIN
> (no changes)
> Single making 30K - tax $4,500
> Single making 50K - tax $12,500
> Single making 75K - tax $18,750
> Married making 60K- tax $9,000
> Married making 75K - tax $18,750
> Married making 125K - tax $31,250

> OBAMA
> (reversion to pre-Bush tax cuts)
> Single making 30K - tax $8,400
> Single making 50K - tax $14,000
> Single making 75K - tax $23,250
> Married making 60K - tax $16,800
> Marri ed making 75K - tax $21,000
> Married making 125K - tax $38,750
>

> CLINTON
> (reversion to pre-Bush tax cuts)
> Single making 30K - tax $8,400
> Single making 50K - tax $14,000
> Single making 75K - tax $23,250
> Married making 60K - tax $16,800
> Married making 75K - tax $21,000
> Married making 125K - tax $38,750


To be fair, Obama has made cutting taxes for those who make less then 75k a platform position, so your numbers for him are off. And it's one I disagree with him on.

Cycloptichorn
0 Replies
 
engineer
 
  1  
Wed 21 May, 2008 10:46 am
cjhsa wrote:
> INCOME TAX
> MCCAIN
> (no changes)
> Single making 30K - tax $4,500
> Single making 50K - tax $12,500
> Single making 75K - tax $18,750
> Married making 60K- tax $9,000
> Married making 75K - tax $18,750
> Married making 125K - tax $31,250

> OBAMA
> (reversion to pre-Bush tax cuts)
> Single making 30K - tax $8,400
> Single making 50K - tax $14,000
> Single making 75K - tax $23,250
> Married making 60K - tax $16,800
> Marri ed making 75K - tax $21,000
> Married making 125K - tax $38,750
>

> CLINTON
> (reversion to pre-Bush tax cuts)
> Single making 30K - tax $8,400
> Single making 50K - tax $14,000
> Single making 75K - tax $23,250
> Married making 60K - tax $16,800
> Married making 75K - tax $21,000
> Married making 125K - tax $38,750

Where did you get these numbers? Here's another take from the Citizens for Tax Justice. You can find similar data by googling "effects of Bush tax cuts".

The average tax cut for 2008 by income level
Lowest 20% (Median income $12.2K, Max 19K): $78
Next 20% (Median income $24.9K, Max 32K): $436
Middle 20% (Median income $40.8K, Max $52K: $711
Next 20% (Median income $67.3K, Max $87K): $1,084
Next 15% (Median income $117K, Max $176K): $1,538
Next 4% (Median income $256K, Max $462K): $2,169
Top 1% (Median income $1.49M, Max unlimited): $56,595
0 Replies
 
woiyo
 
  1  
Wed 21 May, 2008 10:54 am
"To be fair, Obama has made cutting taxes for those who make less then 75k a platform position, so your numbers for him are off. And it's one I disagree with him on. "

Then please feel free to write a check payable to the US Treasury for whatever amount of additional money of YOUR you want to give them to spend. Keep you hands out of my pocket! Twisted Evil
0 Replies
 
Cycloptichorn
 
  1  
Wed 21 May, 2008 10:56 am
woiyo wrote:
"To be fair, Obama has made cutting taxes for those who make less then 75k a platform position, so your numbers for him are off. And it's one I disagree with him on. "

Then please feel free to write a check payable to the US Treasury for whatever amount of additional money of YOUR you want to give them to spend. Keep you hands out of my pocket! Twisted Evil


No, I will not keep my hands out of your pocket, or anyone's. This country is massively in debt and our deficits are not going to go away by wishing them away. If we can't be fiscally responsible together, we will all go down with the ship together. I won't have that, so I will vote to take more of both your and my money to help right the problem.

The fact that you want to ignore the reality of our financial situation means nothing to me.

Cycloptichorn
0 Replies
 
woiyo
 
  1  
Wed 21 May, 2008 10:59 am
Cycloptichorn wrote:
woiyo wrote:
"To be fair, Obama has made cutting taxes for those who make less then 75k a platform position, so your numbers for him are off. And it's one I disagree with him on. "

Then please feel free to write a check payable to the US Treasury for whatever amount of additional money of YOUR you want to give them to spend. Keep you hands out of my pocket! Twisted Evil


No, I will not keep my hands out of your pocket, or anyone's. This country is massively in debt and our deficits are not going to go away by wishing them away. If we can't be fiscally responsible together, we will all go down with the ship together. I won't have that, so I will vote to take more of both your and my money to help right the problem.

The fact that you want to ignore the reality of our financial situation means nothing to me.

Cycloptichorn


Then write your own check to the Treasury. I wish we had a strong government that knew how to handle the countries business and could handle a budget. I also wish we had voters who had objective and creative senses who could see through the BS being laid upon them. You are NOT one of those voters.
0 Replies
 
Cycloptichorn
 
  1  
Wed 21 May, 2008 11:02 am
woiyo wrote:
Cycloptichorn wrote:
woiyo wrote:
"To be fair, Obama has made cutting taxes for those who make less then 75k a platform position, so your numbers for him are off. And it's one I disagree with him on. "

Then please feel free to write a check payable to the US Treasury for whatever amount of additional money of YOUR you want to give them to spend. Keep you hands out of my pocket! Twisted Evil


No, I will not keep my hands out of your pocket, or anyone's. This country is massively in debt and our deficits are not going to go away by wishing them away. If we can't be fiscally responsible together, we will all go down with the ship together. I won't have that, so I will vote to take more of both your and my money to help right the problem.

The fact that you want to ignore the reality of our financial situation means nothing to me.

Cycloptichorn


Then write your own check to the Treasury. I wish we had a strong government that knew how to handle the countries business and could handle a budget. I also wish we had voters who had objective and creative senses who could see through the BS being laid upon them. You are NOT one of those voters.


You think that the deficit and debt numbers are BS? That they are just made up?

I don't have the funds to fix our national problems. But everyone working together, does have the funds to fix them. That's why my writing a check myself is stupid, and voting for more taxes for others is smart, when it comes to solving our financial problems.

Cycloptichorn
0 Replies
 
Thomas
 
  1  
Wed 21 May, 2008 11:05 am
Two points:

1) cjhsa's taxation table conveniently omits that Clinton and Obama both want to keep the Bush tax cuts for the middle and the lower income tax brackets -- which happens to be what makes his table look scary.

2) Taxation tables give only an incomplete picture. T complete deal, for both parties, always boils down to a tradeoff of between more generous government services and lower taxes. So the real question for, say, a single making 50K isn't, "is $12,500 or $14,000 the best tax sum to pay?" Rather it becomes, "is it worth an extra $1.500 to get universal healthcare, secure my house against foreclosure, and make college more affordable for my kids?" When comparing the candidates' platforms, we shouldn't pick cherries; we should look at the whole package.
0 Replies
 
woiyo
 
  1  
Wed 21 May, 2008 11:05 am
Cycloptichorn wrote:
woiyo wrote:
Cycloptichorn wrote:
woiyo wrote:
"To be fair, Obama has made cutting taxes for those who make less then 75k a platform position, so your numbers for him are off. And it's one I disagree with him on. "

Then please feel free to write a check payable to the US Treasury for whatever amount of additional money of YOUR you want to give them to spend. Keep you hands out of my pocket! Twisted Evil


No, I will not keep my hands out of your pocket, or anyone's. This country is massively in debt and our deficits are not going to go away by wishing them away. If we can't be fiscally responsible together, we will all go down with the ship together. I won't have that, so I will vote to take more of both your and my money to help right the problem.

The fact that you want to ignore the reality of our financial situation means nothing to me.

Cycloptichorn


Then write your own check to the Treasury. I wish we had a strong government that knew how to handle the countries business and could handle a budget. I also wish we had voters who had objective and creative senses who could see through the BS being laid upon them. You are NOT one of those voters.


You think that the deficit and debt numbers are BS? That they are just made up?

I don't have the funds to fix our national problems. But everyone working together, does have the funds to fix them. That's why my writing a check myself is stupid, and voting for more taxes for others is smart, when it comes to solving our financial problems.

Cycloptichorn


I did not say the deficit was BS. I said you and every tax raising politicans plan to offset the deficit by increasing revenue is BS.

I am sure you can find a few extra dollars to send to your Government. Heck, you ride a bike and must be saving a few dollars on gas!
0 Replies
 
Lash
 
  1  
Wed 21 May, 2008 11:06 am
cjhsa wrote:
'My friends, we live in the greatest nation in the history of the world. I hope you'll join with me as we try to change it.' -- Barack Obama

C'mon. cj gets kudos for this... Laughing
0 Replies
 
Cycloptichorn
 
  1  
Wed 21 May, 2008 11:07 am
woiyo wrote:
Cycloptichorn wrote:
woiyo wrote:
Cycloptichorn wrote:
woiyo wrote:
"To be fair, Obama has made cutting taxes for those who make less then 75k a platform position, so your numbers for him are off. And it's one I disagree with him on. "

Then please feel free to write a check payable to the US Treasury for whatever amount of additional money of YOUR you want to give them to spend. Keep you hands out of my pocket! Twisted Evil


No, I will not keep my hands out of your pocket, or anyone's. This country is massively in debt and our deficits are not going to go away by wishing them away. If we can't be fiscally responsible together, we will all go down with the ship together. I won't have that, so I will vote to take more of both your and my money to help right the problem.

The fact that you want to ignore the reality of our financial situation means nothing to me.

Cycloptichorn


Then write your own check to the Treasury. I wish we had a strong government that knew how to handle the countries business and could handle a budget. I also wish we had voters who had objective and creative senses who could see through the BS being laid upon them. You are NOT one of those voters.


You think that the deficit and debt numbers are BS? That they are just made up?

I don't have the funds to fix our national problems. But everyone working together, does have the funds to fix them. That's why my writing a check myself is stupid, and voting for more taxes for others is smart, when it comes to solving our financial problems.

Cycloptichorn


I did not say the deficit was BS. I said you and every tax raising politicans plan to offset the deficit by increasing revenue is BS.

I am sure you can find a few extra dollars to send to your Government. Heck, you ride a bike and must be saving a few dollars on gas!


Sure. You will note that I suggest raising my own taxes as well as yours.

I would remind you that the last time the budget was balanced, and the debt was actually being paid down, was when the taxes were raised to the point they are talking about being raised now.

Controlling spending is important, sure; I know a good way to save about a 100 billion dollars a year, though.

Cycloptichorn
0 Replies
 
woiyo
 
  1  
Wed 21 May, 2008 11:11 am
Tax rates are at confiscatory limits IMO. Top bracket should be no more than 25%. It can be done if we had real leadership .

Govt spends where it should not and wastes the rest.

Tell your Democratic Controlled Congress to get that 100B out of Iraq and in the nations pocket yesterday. We do not need to be spending that much over there.

So my choice is simple relative to taxes. Which candidate will raise my taxes the least?
0 Replies
 
Cycloptichorn
 
  1  
Wed 21 May, 2008 11:15 am
woiyo wrote:
Tax rates are at confiscatory limits IMO. Top bracket should be no more than 25%. It can be done if we had real leadership .

Govt spends where it should not and wastes the rest.

Tell your Democratic Controlled Congress to get that 100B out of Iraq and in the nations pocket yesterday. We do not need to be spending that much over there.

So my choice is simple relative to taxes. Which candidate will raise my taxes the least?


You do realize that the taxes in America - while higher then that 25% you posit, at the upper ends - are at historical lows at this point? And that America has become the most prosperous and richest nation in the world, both in terms of gov't influence in the world at large AND in terms of net personal wealth - during these taxes which you claim are 'too high?'

Cycloptichorn
0 Replies
 
sozobe
 
  1  
Wed 21 May, 2008 11:16 am
Thomas wrote:
Two points:

1) cjhsa's taxation table conveniently omits that Clinton and Obama both want to keep the Bush tax cuts for the middle and the lower income tax brackets -- which happens to be what makes his table look scary.

2) Taxation tables give only an incomplete picture. The complete deal, for both parties, always boils down to a tradeoff of between more generous government services and lower taxes. So the real question for, say, a single making 50K isn't, "is $12,500 or $14,000 the best tax sum to pay?" Rather it becomes, "is it worth an extra $1.500 to get universal healthcare, secure my house against foreclosure, and make college more affordable for my kids?" When comparing the candidates' platforms, we shouldn't pick cherries; we should look at the whole package.


Good post...
0 Replies
 
Thomas
 
  1  
Wed 21 May, 2008 11:22 am
Cycloptichorn wrote:
You do realize that the taxes in America - while higher then that 25% you posit, at the upper ends - are at historical lows at this point?

Really? Well, then my history is obviously longer than yours. (Some Freudian punchline must be hiding somewhere behind this sentence.)
0 Replies
 
Cycloptichorn
 
  1  
Wed 21 May, 2008 11:25 am
Thomas wrote:
Cycloptichorn wrote:
You do realize that the taxes in America - while higher then that 25% you posit, at the upper ends - are at historical lows at this point?

Really? Well, then my history is obviously longer than yours. (Some Freudian punchline must be hiding somewhere behind this sentence.)


Modern history, lol.

Cycloptichorn
0 Replies
 
McGentrix
 
  1  
Wed 21 May, 2008 11:28 am
sozobe wrote:
Thomas wrote:
Two points:

1) cjhsa's taxation table conveniently omits that Clinton and Obama both want to keep the Bush tax cuts for the middle and the lower income tax brackets -- which happens to be what makes his table look scary.

2) Taxation tables give only an incomplete picture. The complete deal, for both parties, always boils down to a tradeoff of between more generous government services and lower taxes. So the real question for, say, a single making 50K isn't, "is $12,500 or $14,000 the best tax sum to pay?" Rather it becomes, "is it worth an extra $1.500 to get universal healthcare, secure my house against foreclosure, and make college more affordable for my kids?" When comparing the candidates' platforms, we shouldn't pick cherries; we should look at the whole package.


Why would a single making 50k care about any of those things? Living single and making 50k those things should be taken care of as health insurance for a single person is very affordable, housing for a single person is cheap and he/she would not have kids worrying about college, would they?

Are you counting the the altrusitic nature of this presumed person? That he should worry about your healthcare, your inability to secure a decent mortgage and your kids going to college? When did those things become everyone else's responsibility?

In listening to NPR yesterday, they were interviewing a couple in China who lived in a 10x10 room in a reconditioned factory that shared a bathroom with 6 other families. The man was a truck driver and his wife a house cleaner. They had come to the big city from a small rural village to try to find success. After some unfortunate incidents, they were further behind the 8 ball then when they first arrived. When asked if they thought that was fair, they replied that they did. They knew they were not educated and realized that not everything would be handed to them. They accepted their position in society without expecting handouts, demanding free healthcare, free schooling etc. They continued to work hard doing what they did.

Pity more Americans can't accept that they too must work for the things they have.

Good post...
0 Replies
 
woiyo
 
  1  
Wed 21 May, 2008 11:37 am
Cycloptichorn wrote:
woiyo wrote:
Tax rates are at confiscatory limits IMO. Top bracket should be no more than 25%. It can be done if we had real leadership .

Govt spends where it should not and wastes the rest.

Tell your Democratic Controlled Congress to get that 100B out of Iraq and in the nations pocket yesterday. We do not need to be spending that much over there.

So my choice is simple relative to taxes. Which candidate will raise my taxes the least?


You do realize that the taxes in America - while higher then that 25% you posit, at the upper ends - are at historical lows at this point? And that America has become the most prosperous and richest nation in the world, both in terms of gov't influence in the world at large AND in terms of net personal wealth - during these taxes which you claim are 'too high?'

Cycloptichorn


No. You are wrong. Marginal Rates are NOT at "historical lows".

http://www.taxfoundation.org/files/federalindividualratehistory-20080107.pdf

You do the math, but here is the data.
0 Replies
 
sozobe
 
  1  
Wed 21 May, 2008 11:40 am
McGentrix wrote:
Thomas wrote:
Two points:

1) cjhsa's taxation table conveniently omits that Clinton and Obama both want to keep the Bush tax cuts for the middle and the lower income tax brackets -- which happens to be what makes his table look scary.

2) Taxation tables give only an incomplete picture. The complete deal, for both parties, always boils down to a tradeoff of between more generous government services and lower taxes. So the real question for, say, a single making 50K isn't, "is $12,500 or $14,000 the best tax sum to pay?" Rather it becomes, "is it worth an extra $1.500 to get universal healthcare, secure my house against foreclosure, and make college more affordable for my kids?" When comparing the candidates' platforms, we shouldn't pick cherries; we should look at the whole package.


Why would a single making 50k care about any of those things? Living single and making 50k those things should be taken care of as health insurance for a single person is very affordable, housing for a single person is cheap and he/she would not have kids worrying about college, would they?

Are you counting the the altrusitic nature of this presumed person? That he should worry about your healthcare, your inability to secure a decent mortgage and your kids going to college? When did those things become everyone else's responsibility?

In listening to NPR yesterday, they were interviewing a couple in China who lived in a 10x10 room in a reconditioned factory that shared a bathroom with 6 other families. The man was a truck driver and his wife a house cleaner. They had come to the big city from a small rural village to try to find success. After some unfortunate incidents, they were further behind the 8 ball then when they first arrived. When asked if they thought that was fair, they replied that they did. They knew they were not educated and realized that not everything would be handed to them. They accepted their position in society without expecting handouts, demanding free healthcare, free schooling etc. They continued to work hard doing what they did.

Pity more Americans can't accept that they too must work for the things they have.


Fixed it for ya. (Formatting made it look like I said the above.))
0 Replies
 
 

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