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-   -   50% of Americans don't pay federal income tax (https://xoutpost.com/off-topic/politics-forum/71953-50-americans-dont-pay-federal-income-tax.html)

Thunder22 04-07-2010 07:37 PM

50% of Americans don't pay federal income tax
 
Choke on this:

Nearly half of US households escape fed income tax - Yahoo! Finance

And Obama is raising the rate on "the wealthy" again.

1 term. Don't be surprised.

Naz24 04-07-2010 08:15 PM

unbelievable. it is just crazy what's going on these days. Nevermind the increase on capital gains. Did you know that one of the reasons why the market went to crap in the late 80s is because of the capital gains tax? everybody took their money out right before the law took hold causing the stock market to collapse.


great move obama

Quicksilver 04-07-2010 08:24 PM

There are at least 10 other
presidents who only served one term. :popcorn:

Quote:

Originally Posted by Thunder22 (Post 730390)
Choke on this:
And Obama is raising the rate on "the wealthy" again.
1 term. Don't be surprised.


Thunder22 04-07-2010 08:36 PM

Quote:

Originally Posted by Quicksilver (Post 730400)
There are at least 10 other
presidents who only served one term. :popcorn:

And your point is?

Thunder22 04-07-2010 08:37 PM

http://2.bp.blogspot.com/_hKw3rtMC0Z...bamaChange.jpg

Fraser 04-07-2010 08:43 PM

Quote:

Originally Posted by Thunder22 (Post 730390)
1 term. Don't be surprised.

Obama's star may be fast fading (well that the impression we get over here) but won't his fate as a one-termer or not be determined by the ability of the Republicans to put up a credible alternative?

Quicksilver 04-07-2010 08:45 PM

Nothing has ever change in terms of leadership.
And nothing ever will no matter how long anyone
is in office. It's a self defeating rulership.

Point#2 Either their incomes were too low, or they qualified for
enough credits, deductions and exemptions to eliminate their liability.
That's according to projections by the Tax Policy Center, a Washington research organization.

That means everyone of us are doing it so I'm sure no rocks can be thrown. :rofl:

OBTW Feel like you aint paying enough?
There's a line on the tax for to have more taken
out. Have at it.

Quote:

Originally Posted by Thunder22 (Post 730404)
And your point is?


Repoman 04-07-2010 08:49 PM

One term!?! Heck, I was thinking impeachment. He sure is trying the constitution with all these stimulus/healthcare spend money we ain't got programs.

I'm certain I've read somewhere that government shall not get involved with free enterprise . . . doesn't the federal government own 60% of GM. GM's commercials should say "support your federal government, buy a chevy."

That income tax crap is a joke anyway. Highly complicated and discriminatory. Been saying for decades need to scrap it in favor of flat nationwide sales tax.

Thunder22 04-07-2010 09:07 PM

Quote:

Originally Posted by Quicksilver (Post 730407)
Nothing has ever change in terms of leadership.
And nothing ever will no matter how long anyone
is in office. It's a self defeating rulership.

Point#2 Either their incomes were too low, or they qualified for
enough credits, deductions and exemptions to eliminate their liability.
That's according to projections by the Tax Policy Center, a Washington research organization.

That means everyone of us are doing it so I'm sure no rocks can be thrown. :rofl:

OBTW Feel like you aint paying enough?
There's a line on the tax for to have more taken
out. Have at it.

http://politicaldemotivation.files.w...ama_wallet.jpg

Thunder22 04-07-2010 09:10 PM

Quote:

Originally Posted by Quicksilver (Post 730407)
Nothing has ever change in terms of leadership.
And nothing ever will no matter how long anyone
is in office. It's a self defeating rulership.

Point#2 Either their incomes were too low, or they qualified for
enough credits, deductions and exemptions to eliminate their liability.
That's according to projections by the Tax Policy Center, a Washington research organization.

That means everyone of us are doing it so I'm sure no rocks can be thrown. :rofl:

OBTW Feel like you aint paying enough?
There's a line on the tax for to have more taken
out. Have at it.


did you read the article?

Here's another one:

Obama taxing the wealthy even more. So don't you worry Barry, your namesake is already taking care of making me pay more so that more lower income people can suck at the teat of the federal government.

Upper-income people would lose tax cuts in Obama plan - USATODAY.com


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