Who's ready to get ASSRAPED on Jan 1?

papajohn56

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Jun 16, 2008
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Americans for Tax Reform : 100 Days Until Taxmageddon

Taxes going up. Good luck bros:

-The 10% bracket rises to a new and expanded 15%
-The 25% bracket rises to 28%
-The 28% bracket rises to 31%
-The 33% bracket rises to 36%
-The 35% bracket rises to 39.6%


The Obamacare Medicare Payroll Tax Hike takes effect on January 1, 2013. The Medicare payroll tax is currently 2.9 percent on all wages and self-employment profits. Starting in 2013, wages and profits exceeding $200,000 ($250,000 in the case of married couples) will face a 3.8 percent rate.

The Obamacare Medicare Payroll Tax Hike takes effect on January 1, 2013. The Medicare payroll tax is currently 2.9 percent on all wages and self-employment profits. Starting in 2013, wages and profits exceeding $200,000 ($250,000 in the case of married couples) will face a 3.8 percent rate.

Higher tax rates on savers and investors on January 1, 2013. The capital gains tax will rise from 15 percent this year to 23.8 percent in 2013. The top dividends tax will rise from 15 percent this year to 43.4 percent in 2013. This is because of scheduled rate hikes plus Obamacare’s investment surtax.
 


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Wow, that page had TONS more tax hikes on it than what you've quoted here PJ; I'm starting to get a bit concerned and I haven't read down halfway yet....

The crazy thing is that this is all announced yet the election isn't being held for another month or so... You'd think that this would scare away some possible voters for obomba... But the fact is that it probably only gets him more votes because it looks to his average voter like he wants to tax the rich and redistribute all that money down to them. :(
 
Wow, that page had TONS more tax hikes on it than what you've quoted here PJ; I'm starting to get a bit concerned and I haven't read down halfway yet....

The crazy thing is that this is all announced yet the election isn't being held for another month or so... You'd think that this would scare away some possible voters for obomba... But the fact is that it probably only gets him more votes because it looks to his average voter like he wants to tax the rich and redistribute all that money down to them. :(

Obviously the media isn't going to make a big deal out of this. Just sweep it under the rug. And if it becomes a problem just blame in on Bush and a sunset provision.
 
If all that goes through, it will just mean slow growth.... which means less jobs, jobs with less pay benefits.

A lot at stake this election, it will show if the american people want handouts, or choose a path to self respect.


This for Papajohn56:

[ame=http://www.youtube.com/watch?v=6GggY4TEYbk&feature=related]HEYYEYAAEYAAAEYAEYAA on 5 hours FULL - YouTube[/ame]
 
I'm ready. I'll pay it like a boss and then snort a line off my tax bitches ass while she licks the envelope.
 
The bush tax cuts and amt will get renewed but it will come down to a last minute deal in the house/senate, but republicans are starting to concede that they'll have to cave in on "tax cuts for the rich" in order to save the pentagon and defense budget so if you're over that $250,000 number your taxes will likely go up.

Also

Full business expensing will disappear. In 2011, businesses can expense half of their purchases of equipment. Starting on 2013 tax returns, all of it will have to be “depreciated” (slowly deducted over many years).

Wasn't there a bill passed a while back that changed this so businesses can write off the full expense in 1 tax filing instead of just doing half like they do now or the yearly depreciating model that was in the healthcare bill?
 
Oh noes, some of you fuckers will have to go back to Clinton-era tax rates. Y'know, when the rich were still wildly successful and the middle class wasn't wallowing in stagnation or rapidly descending into poverty.
 
I'd be willing to bet this is where most of your taxes go [ame=http://www.youtube.com/watch?v=sWS-FoXbjVI]America - Fuck Yeah! - YouTube[/ame]
 
Oh noes, some of you fuckers will have to go back to Clinton-era tax rates. Y'know, when the rich were still wildly successful and the middle class wasn't wallowing in stagnation or rapidly descending into poverty.

Clinton rode the tech bubble, must've been nice. You have no idea what you're fucking talking about, and the taxes will be higher due to cap. gains and dividends going up.