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#32
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posted to rec.boats
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![]() wrote in message ... On Thu, 22 Jul 2010 14:41:44 -0400, bpuharic wrote: On Thu, 22 Jul 2010 14:26:17 -0400, W1TEF 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 Ok Bob - fair enough - that's your opinion - I respect that. Explain this then. What represents more of a tax burden on income - a 5% raise from 10% to 15% at the lower end of the taxe base or a 4.9% increase from 35% to 39.6%? 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. 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. |
#33
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posted to rec.boats
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On 7/22/10 8:23 PM, nom=de=plume wrote:
wrote in message ... On Thu, 22 Jul 2010 14:41:44 -0400, bpuharic wrote: On Thu, 22 Jul 2010 14:26:17 -0400, W1TEF 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 Ok Bob - fair enough - that's your opinion - I respect that. Explain this then. What represents more of a tax burden on income - a 5% raise from 10% to 15% at the lower end of the taxe base or a 4.9% increase from 35% to 39.6%? 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. 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. Drop the five point increase on the lower income groups, and raise the 4.6 point increase on the higher income groups to 14 points. |
#34
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posted to rec.boats
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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 |
#35
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posted to rec.boats
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#36
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posted to rec.boats
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![]() "Harry " wrote in message m... On 7/22/10 8:23 PM, nom=de=plume wrote: wrote in message ... On Thu, 22 Jul 2010 14:41:44 -0400, bpuharic wrote: On Thu, 22 Jul 2010 14:26:17 -0400, W1TEF 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 Ok Bob - fair enough - that's your opinion - I respect that. Explain this then. What represents more of a tax burden on income - a 5% raise from 10% to 15% at the lower end of the taxe base or a 4.9% increase from 35% to 39.6%? 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. 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. Drop the five point increase on the lower income groups, and raise the 4.6 point increase on the higher income groups to 14 points. Sounds reasonable, esp. given the problems we're facing. |
#37
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posted to rec.boats
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![]() 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. |
#38
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posted to rec.boats
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![]() wrote in message ... 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. Exactly, and the Dems will not let that happen. You will certainly not see anything happen until after November unless they simply rubber stamp an extension which is what my crystal ball says. Get out the Windex! ![]() |
#39
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posted to rec.boats
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