On Thu, 22 Jul 2010 22:20:18 -0400, wrote:

On Thu, 22 Jul 2010 17:23:42 -0700, "nom=de=plume"
wrote:

Bob that is exactly what happens if they do not come up with a new tax
bill between now and December. It is already the law. The tax cuts
simply expire.

So, do you think the Republicans are going to sit on their hands if the
Democrats in control of Congress allowed that to happen? Come on. You know
there's going to be some monkeying around with them.

Again if past is prologue, the republicans will stall, obstruct and
generally be a pain in the ass.
Truth be known they want the tax cuts to expire so they will have a
club to use next year.

for 30 years the GOP has masked their tax cuts for the rich as tax
cuts for the middle class

if the dems ever got the communication skills of the GOP, people would
be hunting conservatives with dogs

On Thu, 22 Jul 2010 20:03:54 -0400, wrote:

On Thu, 22 Jul 2010 14:41:44 -0400, bpuharic wrote:

and this is not going to happen. not a single independent tax source
has ANY information that this is going to occur

Bob that is exactly what happens if they do not come up with a new tax
bill between now and December. It is already the law. The tax cuts
simply expire.

and if you put lipstick on a pig...

it's their job to let the ruinous tax cuts for the rich expire and
keep them for the middle class

guess you kinda forgot obama said that's what he's gonna do...the
right wing press has you in a tizzy, doesnt it?

wrote in message
...
On Wed, 21 Jul 2010 22:46:49 -0400, bpuharic wrote:

On Wed, 21 Jul 2010 22:26:58 -0400, W1TEF wrote:

http://www.investors.com/NewsAndAnal...e-Horizon.aspx

the death tax affects 0.2% of all taxpayers. how is this a 'tsunami'?

and, given the fact that the wealthiest 1% have had a 500% increase
in income in the past 30 years, a 165% increase in taxes is something
they deserve. they screwed the economy. let them p ay for it.

but the right wing sheds its tears for the rich, ignoring completely
the plight of the middle class

You seemed to ignore this part,
The lowest bracket for the personal income tax, for instance, moves up
50% - to 15% from 10%. The next lowest bracket - 25% - will rise to
28%, and the old 28% bracket will be 31%
That smacks the working class and the middle class.

They are also bringing back the marriage penalty and cutting the
standard deduction for couples.

Ironic I suppose, right when the gays get to marry.

Only if you make the leap in logic that the Bush tax cut would be repealed
IN ITS ENTIRETY, which is certainly not going to happen. No one except those
on the extreme right are talking about it.

wrote in message
...
On Wed, 21 Jul 2010 21:29:08 -0700, "nom=de=plume"
wrote:


wrote in message
. ..
On Wed, 21 Jul 2010 22:46:49 -0400, bpuharic wrote:

On Wed, 21 Jul 2010 22:26:58 -0400, W1TEF wrote:

http://www.investors.com/NewsAndAnal...e-Horizon.aspx

the death tax affects 0.2% of all taxpayers. how is this a 'tsunami'?

and, given the fact that the wealthiest 1% have had a 500% increase
in income in the past 30 years, a 165% increase in taxes is something
they deserve. they screwed the economy. let them p ay for it.

but the right wing sheds its tears for the rich, ignoring completely
the plight of the middle class

You seemed to ignore this part,
The lowest bracket for the personal income tax, for instance, moves up
50% - to 15% from 10%. The next lowest bracket - 25% - will rise to
28%, and the old 28% bracket will be 31%
That smacks the working class and the middle class.

They are also bringing back the marriage penalty and cutting the
standard deduction for couples.

Ironic I suppose, right when the gays get to marry.

Only if you make the leap in logic that the Bush tax cut would be repealed
IN ITS ENTIRETY, which is certainly not going to happen. No one except
those
on the extreme right are talking about it.



That would require legislation that we have not seen yet. The end of
the tax cuts is on autopilot for 12/31/10.

Just about everything requires legislation. Perhaps you can get the
Republicans in Congress to actually do something vs. nothing.

My guess is they will kick the can down the road a year so the next
congress can get a swing at it but who knows what will come out of the
lame duck session.
I do think there will be a big sell off in the stock market if they do
let them expire or simply raise the cap gains tax.
It will be a good buying opportunity because I would expect to see
people buying back in January once they cash out their profits at the
lower rate.

On Wed, 21 Jul 2010 23:46:30 -0400, wrote:

On Wed, 21 Jul 2010 22:46:49 -0400, bpuharic wrote:

On Wed, 21 Jul 2010 22:26:58 -0400, W1TEF wrote:

http://www.investors.com/NewsAndAnal...e-Horizon.aspx

the death tax affects 0.2% of all taxpayers. how is this a 'tsunami'?

and, given the fact that the wealthiest 1% have had a 500% increase
in income in the past 30 years, a 165% increase in taxes is something
they deserve. they screwed the economy. let them p ay for it.

but the right wing sheds its tears for the rich, ignoring completely
the plight of the middle class

You seemed to ignore this part,
The lowest bracket for the personal income tax, for instance, moves up
50% — to 15% from 10%. The next lowest bracket — 25% — will rise to
28%, and the old 28% bracket will be 31%
That smacks the working class and the middle class.

uh no. your figures are simply wrong


http://www.bankrate.com/finance/taxe...ket-rates.aspx


looks like the right wing is trying fora propaganda score

On Thu, 22 Jul 2010 11:45:51 -0400, wrote:

On Thu, 22 Jul 2010 05:56:04 -0400, bpuharic wrote:



uh no. your figures are simply wrong


http://www.bankrate.com/finance/taxe...ket-rates.aspx


looks like the right wing is trying fora propaganda score


What part was wrong. You posted the 2010 rates with the Bush tax cuts
in place. If they expire the numbers I posted are right for 2011.

uh no. your source is wrong. there is no tax policy organization
saying that your right wing bull**** is right

http://www.moneybluebook.com/2010-fe...irs-tax-rates/
http://taxes.about.com/od/preparingy...ax-rates_2.htm
http://www.bankrate.com/finance/taxe...ket-rates.aspx

no one agrees with your bull**** source. sorry

wrote in message
...
On Thu, 22 Jul 2010 12:24:46 -0400, bpuharic wrote:

On Thu, 22 Jul 2010 11:45:51 -0400, wrote:

On Thu, 22 Jul 2010 05:56:04 -0400, bpuharic wrote:



uh no. your figures are simply wrong


http://www.bankrate.com/finance/taxe...ket-rates.aspx


looks like the right wing is trying fora propaganda score


What part was wrong. You posted the 2010 rates with the Bush tax cuts
in place. If they expire the numbers I posted are right for 2011.

uh no. your source is wrong. there is no tax policy organization
saying that your right wing bull**** is right

http://www.moneybluebook.com/2010-fe...irs-tax-rates/
http://taxes.about.com/od/preparingy...ax-rates_2.htm
http://www.bankrate.com/finance/taxe...ket-rates.aspx

no one agrees with your bull**** source. sorry

You are talking about what the rates ARE NOW, not what they were
BEFORE THE BUSH TAX CUTS and what they will revert to on Dec 31 2010
What part of this is so hard for you to understand?

They will still be at a historically very low rate, and no one is suggesting
a complete repeal.

wrote in message
...
On Thu, 22 Jul 2010 17:22:26 -0700, "nom=de=plume"
wrote:

You are talking about what the rates ARE NOW, not what they were
BEFORE THE BUSH TAX CUTS and what they will revert to on Dec 31 2010
What part of this is so hard for you to understand?

They will still be at a historically very low rate, and no one is
suggesting
a complete repeal.


Now who has the crystal ball?
If past performance is any guide, this will be a 2000 page tax bill
that nobody will actually read until about June of 2011

No crystal ball needed. The fact is that they would still be at a low
historically. And, again, nobody is talking about letting it expire in its
entirety. That's just right-wing paranoia. There's even talk among Democrats
of leaving in some of the breaks for the rich.

On Thu, 22 Jul 2010 20:00:43 -0400, wrote:

On Thu, 22 Jul 2010 12:24:46 -0400, bpuharic wrote:


What part was wrong. You posted the 2010 rates with the Bush tax cuts
in place. If they expire the numbers I posted are right for 2011.

uh no. your source is wrong. there is no tax policy organization
saying that your right wing bull**** is right

http://www.moneybluebook.com/2010-fe...irs-tax-rates/
http://taxes.about.com/od/preparingy...ax-rates_2.htm
http://www.bankrate.com/finance/taxe...ket-rates.aspx

no one agrees with your bull**** source. sorry

You are talking about what the rates ARE NOW, not what they were
BEFORE THE BUSH TAX CUTS and what they will revert to on Dec 31 2010
What part of this is so hard for you to understand?

they will not revert to this level again for the middle class. and NO
ONE believes they will

except, of course, the tin foil hat crowd

On 21/07/2010 8:26 PM, W1TEF wrote:

http://www.investors.com/NewsAndAnal...e-Horizon.aspx

Yep, government greed and statism, they will be a 10% European like VAT
right after November if people don't get the right people in.
Governemtn needs a diet pill, a whole case lot of them.

Only a fool would believe Obama/democrats spend crazy are for free.
--

Government has liberals, idealists and lawyers, but where is the common
sense?