Does your family bring in $40-64k? How does paying $2000 more in taxes feel to you?

This has always been my reason for favoring making the Bush tax cuts permanent. If they go away, I have to pay more taxes.

I don't give a rip if George Soros saves more in taxes than I do. All I care about is my taxes.

 

Odd, weren't the Bush cuts for "the rich"? How could ending them effect anyone but "the rich"
/sarcasm

 

What I see prominently in that article is the word Congress.

Not Obama.

Since the Republicans control the House and the Democrats control the Senate- and because this will be a result of a bill voted for by both Republicans and Democrats- why exactly would this be exclusively Obama's fault if Congress fails to take action?

 

That is odd, isn't it. That's what happens when these brainiacs don't think through their mantra.

 

Yeah... Obama has stated that he wants to make the Bush tax cuts permanent for the middle class, and as the article says, that is the largest part of the increase... I think you're being a tad bit dishonest here with trying to say Obama wants this tax increase. No, genius, if you people would actually read some words once in awhile, this tax increase would happen if Congress does NOT act.

 

He doesn't need the votes. The Bush tax cuts expire by themselves.

 

Why bother

 

The extra tax revenues will greatly lower the deficits, just what you conservatives pretend you want when a Dem is in the WH.

But really, as conservatives constantly point out to us, the richest pay the vast bulk of income taxes, and they will pay the vast bulk of this increase. The middle class increase will be small, just like their tax cut benefit was.

That is why you see the Grover Norquist Party of the 1% represenatatives here screaming so loudly about it.

 

I really don't want to get into this nonsense with you today because your logic is beyond comprehension. If for some reason you feel this tax increase doesn't hurt the family in the lower range more than the top earner, don't know what you want me to tell you. Again, you're just not that smart and I'm not wasting my time on you today.

 

Logic? You are blaming a President for actions Congress must undertake. And, most Democrats, including Obama, want to EXTEND the Bush Tax Cuts to the Middle Class PERMANENTLY instead of letting them expire. It is the REPUBLICANS that are holding that tax extension hostage so that the rich can get one as well.

 

99% of working american's have taxes taken out of their checks to cover the anticipated tax liability. This is based on CURRENT TAX LAW.

Boy, I know I can't wait to get my tax bill next year.

 

This really does the opposite of what we need in some respects. We should be lowering the tax burden on those making less than $250k while raising the taxes on those making more than 250k. We should double capital gains rate as well.

 

The logic is simple.

Since, as conservatives constantly tell us, the rich pay most of the income taxes, the rich will bear most of the burden of repealing the Bush tax cuts, not the middle classes.

And, federal tax collections are proportionately the lowest in 60 years, and proportionately $800 billion a year lower than they were in 2000. Since conservatives consantly (*)(*)(*)(*)(*) about the deficit when it is politically convenient, repealing the tax cuts is the most effective way to reduce the deficit.

I don't think I can dumb it down any further. Sorry.

 

kinda sad it took 37 posts for you to realize your understanding of the issue was wrong......

 

That appears to be the attitude of the Republicans in the House and the Democrats in the Science.

Now why do you think this is Obama's fault again? Since the article you specifically cited points out that this is in Congress's hands?

 

Yep, because Iriemon states my point exactly. Unless an affirmative action is taken, the Bush tax cut will expire....DUH (isn't that the point). Then you look at dollars, not realizing the greatest percentage hit will be by the lower income brackets as both articles state this and they will incur the greatest burden. I swear, this Liberal logic is just ridiculous, but what should I expect. Just glad there are only 6 more days of Liberals trying to deceive people. President Romney sounds good.

 

Which you blame on Obama and the Democrats?

The only reason that the tax extension may not pass is the REPUBLICANS.

 

So let me if I understand the logic in the conservative mentality.

Conservative have reminded us over and over that the wealthy pay the lion's share of the income tax.

Conservative have reminded us over and over that 47% or whatever it is pay no income tax at all.

But when the Bush income tax cuts expire, "the greatest percentage hit will be by the lower income brackets"?

And you're telling us liberal logic is "just ridiculous"?

Conservativism makes sense. If you ignore reality.

 

I thought your kind was against affirmative action? LOL.

Still looking for some explanation as to why Republicans and Democrats failing to take action is Obama's fault.

Can we look forward to Conservatives to continue to try to deceive people regardless of who is elected?

 

you ever notice that what republicans thinks is a lot depends on if they are talking about ending the tax cuts or cutting something dems want

"World of Class Warfare - The Poor's Free Ride Is Over"

http://www.thedailyshow.com/watch/t...-class-warfare---the-poor-s-free-ride-is-over

if the rich giving up their long past expiring tax cuts is a little, then pbs spending is practically non-existent - which are republicans more concerned about?
.

 

YES! And I hope they do -- for everyone! I guess (and hope) that we can at least still agree on this....

We have got to face reality and get off the Welfare State "sugar-teat". We have to quit being manipulated by the Federal Reserve System "shadow government", cut down spending, increase taxes, and start acting like sane adults -- or -- we're going to go further down into catastrophic levels of debt and never emerge in a healthy, solvent state again!

Even you on the Left surely know by now that the "new reality" SUCKS! They've got you sucking on the welfare straw, scrambling for government table scraps, and working crap-jobs for crap-wages. How many of you Liberals are actually happy with this? You like living from hand to mouth? Wouldn't you rather have your lives back, your country back, and your futures back -- in a society where you can succeed if you're willing to work, think, and take responsibility for yourselves?

 

****, don't start a thread without a source.

Make a claim, and back it up!

 

I feel like you are stupid or un-patriotic if you don't recognize that all of our taxes have to go up.

Its fine if you want to demand spending cuts before tax raises, but it is a matter of math that all of our taxes have to go up!

 

Are you blind? Can you read? Try it sometimes and if you can't comprehend things, go back to school. Now go back and read post #15 and #16 (and yes, you need to read everything in the links). That's how this works. Don't say someone hasn't posted an answer and then blame it on the fact that you don't have enough intelligence to read the posts in the thread.