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Default Taxing the economy away....

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.


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First recorded activity by BoatBanter: Apr 2010
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Default Taxing the economy away....


"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.


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