So, you thought President Bush gave you a tax cut and have discovered not only are you paying more taxes, but you are also being penalized for having children. The more children you have, the more Bush taxes you.
Surprise!
Told you Bush is only giving out tax cuts to the filthy rich, this is, his friends.
By the year 2010 all middle class families will be paying significantly more taxes and will be taxed even more for each child in the family.
You got that? The more children you have, the more tax penalties you will pay.
By the year 2010, Bush and his friends will be paying a lesser tax rate than middle class people.
Surprise!
Hmm, President Cheney has a "declared" income of one point five million and paid a tidy sum of three-hundred-thousand in taxes. Say, isn't that a tax rate about what middle class people pay?
Surprise!
Yeah boy, three dollars a gallon for gasoline and reports indicate surplus gas and oil here in America. Who is making big profits? Bush, Cheney and the rest of the highway robbers.
Surprise!
Bush said oil sales would pay for the war in Iraq, actually a Bush family vendetta, and what have we paid for Iraq? Have not we paid well over two-hundred-billion dollars and thousands of lives lost. Yeah, oil sales paid for Bush giving his dad Saddam's head, oil paid for the war just like Bush said.
He lied.
Surprise!
Is it any surprise investors are pulling their money out of the markets? Is it any surprise Americans are pessimistic about our future?
Hope your investment and trading skills are well honed. These are times of lost wages. Even the real estate markets are spooked.
You cannot afford to make a single mistake, whether investing or trading, for the next several years.
It's only going to become worse. Hang onto to your shorts and do not bend over in front of any republican politicians.
The Bush tax hoax? Alternative Minimum Tax. Bush knew he was buggering the middle class when he announced his hoax tax cuts.
posted
What's more to say? You got everying except Social Security. Can you imagine all the young people trading in securities when the don't even know the language? Sure, let someone else do it so they can churn their accounts?
IP: Logged |
posted
"Before mailing your federal income tax return, check to make sure you aren’t subject to the alternative minimum tax. In recent years, more and more people have found themselves subject to the AMT.
The tax law gives preferential treatment to some kinds of income and allows special deductions and credits for some kinds of expenses. Taxpayers who benefit from these provisions of the law may have to pay an additional tax called the alternative minimum tax. It is a separate tax computation that, in effect, eliminates many deductions and credits and creates a tax liability for an individual who would otherwise pay little or no tax."
- IRS
Bush knew about this when he announced his gracious tax cuts for the middle class, along with his very generous tax cuts for himself and rich friends.
Middle class tax cuts are a total hoax prepetrated upon Americans by President Bush and republicans.
They knew the AMT is in effect. They lied to all Americans, knowingly lied to all Americans, just like Bush and the republicans lied about Iraq.
You think Bush and friends care one bit about all the corruption and crime over on Wall Street?
Telling ya, "things" are only going to become worse.
Yeah the government is slowly eroding the middle class. In the 70's the average family only had ONE working parent and could afford a HOUSE, CAR, and actually have FAMILY VACATIONS. Now the norm is for both parents to work. WHO IS RAISING THE CHILDREN? We wonder why the kids seem to be more violent and disrespectful.
Americans can't even live the "AMERICAN DREAM" anymore.
Are way of life is going straight down the toilet. I fear what AMERICA will be like in 10 years!!
IP: Logged |
posted
i don't wonder why the kids seem more violent and disrespectful... look at their role models..
baseball, basketball players fighting with fans... a President who lies right in to the camera about having an affair with his intern....
another one that tells the world about WMD (that doesn't exist) and then when he is proven wrong says, it doesn't matter i still did the right thing? and then has the nerve to call the UN corrupt?
yep violence solves the problem....EZ
-------------------- Don't envy the happiness of those who live in a fool's paradise.
IP: Logged |
Of course President Homophobe is protecting marriage!
Gays usually do not have kids. Bush wants lots of kids to tax so he can fund his favorite boondoggles, like starting wars.
I am not normally so anal retentive about politics but Bush should be impeached for wreckless stupidity and attempting to think.
Bush is destroying all economies across the globe. Darn it, I am just trying to make a buck to be sure our girl is secure when my old man and I are gone.
I suspect the last three market days is knowledge coming to a head like a ripe pimple. It is people finally inner-self admitting Bush and friends bent them over and engaged them in very unsafe sex.
But hey! Like you write, Glassman, those darn gays are not going to destroy America, by golly!
quote:Originally posted by glassman: i don't wonder why the kids seem more violent and disrespectful... look at their role models..
baseball, basketball players fighting with fans... a President who lies right in to the camera about having an affair with his intern....
another one that tells the world about WMD (that doesn't exist) and then when he is proven wrong says, it doesn't matter i still did the right thing? and then has the nerve to call the UN corrupt?
yep violence solves the problem....EZ
look at their parents....don't push to get them educated....lead by example.
IP: Logged |
quote:Originally posted by glassman: Keith, the kids are killing and raping in college too... Universtiy of Colorado ring a bell?
never happened before television?
it happened...we just know more about it now...
but,
IMO? we still need to set higher standards for ourselves...publicly? we had higher standards till cable, and Stern..
stop letting everyone have kids so by accident or so they have someone who will love them...then stop rewarding them for being a parent....make'em get a job, tax cuts vs. all the crap we pay for....
...maybe just seeing welfare not work daily angers me more than most...but we will shell out more and more for a program that has an incentive to become larger...
I'm talking majority crimes, my kids shooting each other in the chest or on bikes NEVER makes national news.... and it is once a week on average.
IP: Logged |
posted
im NOT republican nor democrat i have 3 kids and a wife and LOW income i got the largest tax return i ever had this year so all i can say is find a canidate who can beat the losers from the 2 main parties in an election and vote for him
otherwise quit whining its the way things are gonna stay till we as americans change it
its our job to make it different not GWBush
-------------------- "The Americans will always do the right thing... After they've exhausted all the alternatives." - Winston Churchill
IP: Logged |
posted
Jason, George Bush swore to protect us, serve us and uphold our constitution. He is not protecting us, he is not serving us, and he is not obeying our constitution.
Half of us voted 2004 for Kerry. For the 2000 election, Bush was not elected; he illegally took office via voting fraud in his brother's state, Florida.
With your low income, Jason, you should not be playing the stock markets. Your responsibility is taking care of your three kids.
With your not paying AMT tax, your income bracket must be below $58,000 per year. That is not much and does not warrant gambling in the markets.
Point is, George Bush claimed to have cut taxes for the middle class when, in fact, he did no such thing; he lied to all Americans. He did cut taxes for the most wealthy of America.
Jason, there is a distinct difference between whining and discussion.
posted
Glassman, I am very much in favor of tax cuts for commerce and companies, when those tax cuts will stimulate our economy.
Our economy can be stimulated by giving tax cuts for opening a branch in low income areas, or hiring new workers, for staying in America along with tax cuts for many other practices which help all. You are familiar with incentive tax cuts. Those are good.
Those companies moving production outside of America, should be tax penalized. However, we should also give tax cuts for staying in America, to be fair.
Tax cut "trickle down" works very well when those tax cuts are rule based and for commerce; give a tax cut for activities which stimulate production, sales and jobs.
Bush, the idiot he is, assumes all of us to be so stupid we believe tax cuts for the filthy rich will benefit the single mom living in poverty.
Well, half of America is that stupid.
So, he did give tax cuts to his wealthy friends. I ask, is our economy doing better now?
Personally, I would do away with all taxes, for individuals and commerce alike, then use a system like many other countries, a flat rate sales tax.
Yes, millions would scream bloody murder, certainly the rich. Nonetheless, this problem of tax evasion would vanish, tax loopholes would vanish, fairness in taxation would be had, and tax revenunes would increase a hundred fold. All pay the same tax and collection is so simple being a retail sales tax; it is collected at the cash register.
For the poor, we would continue our assistance programs, food stamp programs, child programs and such. They would pay little or no tax.
Flat tax rate for all. That is the most logical and most viable choice.
How much of a flat tax rate? I would estimate a flat sales tax rate of 22% to 26% would do it.
posted
For the curious, here are the breaking points for the Alternative Minimum Tax (AMT) going into effect,
If you earn these figures or more, and you are not in the "wealthy class" of tax payers,
(2003 - 2004 tax tables)
$58,000 if you are married filing a joint return or a qualified widow(er),
$40,250 if you are single or head of household
$29,000 if you are married filing a separate return.
You can readily see those figures include the "lower middle class" category. Each passing year, the figures change taking in more people. By the year 2010, the AMT will qualify all save for those at true poverty level.
George Bush did not give a tax break to any but the filthy rich. He and his republican cronies were and are aware of the AMT. He knew none were receiving a "net" tax cut. Bush simply lied to all Americans, and this is not his only lie.
My opinion is this "worst day" in the markets for years, is one of the accumulative effects of George Bush's economic policies. This is only the beginning; things will become worse.
posted
not defending bush but again, with child care credits i had a better rate this year. Also, AMT is brutal, especially for those in high income/expense areas. Bush did not invent AMT but it would be great to see it removed.
IP: Logged |
posted
I agree 1000%.... I saw some congress woman on the tube talking flat tax down... something aboutthe transition time between I.R.S. rule and the start of flat tax collection would cause a large amount of chaos in the economy... I say the freaking economy is about to be in chaos in the near future anyway..I mean BAD!!! So IMO it's a good time to kill the way we do things now...FLAT TAX GOOD!! I.R.S. BAD!!! What I think is what the crooks in Washington are realy concerned about is, Flat Tax would force them to be creative and have to find a new way to line there pockets.. It took them 229 years to set this sham up,and now a bunch of right minded people want to change it! HOW DARE WE!!!!!
-------------------- This is gunna be a great day, or it will suck!
IP: Logged |
posted
I should add most Americans are not aware of this special tax, the AMT tax, and are in violation of IRS tax rules.
What will happen? Should you be selectd for an IRS audit, be sure the IRS will screw you to greatest degree allowed by law; Bush has given a mandate to the IRS to be extremely aggressive in tax collection.
On the stage he brags of his (phoney) tax breaks, making tax rules simple and off the stage he has turned his IRS into rabid money hungry tax dogs via a hidden tax rule which penalizes all but the very rich.
Bush did not give you a tax break and he has set loose the tax dogs upon you...
posted
Hey, don't be so hard on President bird brain. He honestly believes he is not only smarter than you, but certainly deserves more than you. Just ask him and, if his handlers aren't around to stop it, he will explain to you that if he weren't so much smarter than you, he wouldn't be so much richer.
As an example of how well thought out and dependable his political opinions are, Sir George the Second ran for Congress way back right after his first oil company went bankrupt and his primary campaign issue was stating that Social Security would be bankrupt within 10 years. For those of you with republican accounting techniques (Enron desease) that 10 years passed decades ago without Social security going under.
And I seem to be the only person alive that remembers dubya promissing in two presidential election campaigns that he would not make any attempt to alter social security. "Hands off", he promised, "ain'ta gonna touch that lock box!....I swear."
By the way, all you fools that believe in his tax breaks, income tax doesn't come close to being the major portion of funding the federal government nor is it the major source of federal taxing of the populace. The well off are hit by payroll tax far less than the poor and milddle class....and of course, the rich (and all corporations), who are not on a payroll pay zilch toward that source of funding the federal government.
IP: Logged |
posted
LOL, here...talk about away from his handlers?
check out his unscripted responses to Jan Mickelson on WHO Radio.. this is fom the white house.gov...so his people published it...
THE PRESIDENT: Well, you know, I appreciate the Chairman. He's got some political courage, which is necessary to take on tough problems. It's pretty easy to ignore problems in politics. What's hard is to take on a tough problem. And both Senator Grassley and I have dedicated ourselves to taking on the tough problem of Social Security. And it's a problem.
that's three tough problems in one and two other basic problems...
-------------------- Don't envy the happiness of those who live in a fool's paradise.
IP: Logged |
posted
so true osubucks30. $800 a month goes to daycare for our kids. pay (income - net that is) is not keeping up with expense.
quote:Originally posted by osubucks30: EXCELLENT POST PURL!!
Yeah the government is slowly eroding the middle class. In the 70's the average family only had ONE working parent and could afford a HOUSE, CAR, and actually have FAMILY VACATIONS. Now the norm is for both parents to work. WHO IS RAISING THE CHILDREN? We wonder why the kids seem to be more violent and disrespectful.
Americans can't even live the "AMERICAN DREAM" anymore.
Are way of life is going straight down the toilet. I fear what AMERICA will be like in 10 years!!
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Smile]](smile.gif)
![[Big Grin]](biggrin.gif)
