President-Obama-will-seek-to-reduce-taxes-for-middle-class

[francoHFW]

What a waste of a thread.... Reduce taxes or wealth for the middle class? His last tax hike hurt the middle class.

An Obama tax hike on the middle class. Is that what hater dupes call it when Pubs block an extension of an Obama tax cut? Functional MORON.

 

[Pasco08]

About Fucking Time.

 

[francoHFW]

And quite frankly, 1%er...if your costs haven't gone up? You're part of the target audience for ObamaCare...the poor. You're getting a freebie. Enjoy it while you try not to think of the people who will be paying your share.

I pay for full coverage insurance (PPO) for 290 employees and their families. My cost have gone up no more than in previous years. btw; The poor have always received a freebie.

Jeebus, hater dupes like OS are NEVER right lol...

 

[Judicial review]

What a waste of a thread.... Reduce taxes or wealth for the middle class? His last tax hike hurt the middle class.

An Obama tax hike on the middle class. Is that what hater dupes call it when Pubs block an extension of an Obama tax cut? Functional MORON.

We passed the tax cuts that obama extended that were from bush. Then Obama imposses new tax hikes that he said were for the rich, which were also for the middle class to and he wasted all that additional revenue because our natonal debt went up year after year since. he did it for the heck of it.

 

[ScienceRocks]

What a waste of a thread.... Reduce taxes or wealth for the middle class? His last tax hike hurt the middle class.

How does reducing taxes on the middle class hurt them? Also, the rich must pay the same tax rate as the rest of us and being that they're making more money...Yes, dollar per dollar they should be putting more money into our coffers!

 

[Judicial review]

What a waste of a thread.... Reduce taxes or wealth for the middle class? His last tax hike hurt the middle class.

How does reducing taxes on the middle class hurt them? Also, the rich must pay the same tax rate as the rest of us and being that they're making more money...Yes, dollar per dollar they should be putting more money into our coffers!

Raising taxes on middle class takes there money away. = Reducment in net income. That what Obama has done with the last tax the rich increase in taxes. I'm sorry, but I don't believe the bastard. He'll also have to reduce taxes for small business since most of the middle class are small business owners or employees of small businesses, which he wont do. He's never respected small business, EVER.

 

[oreo]

When employers are begging for workers, they compete with higher wages to get or keep those workers. It's not rocket science.

 

[oreo]

What a waste of a thread.... Reduce taxes or wealth for the middle class? His last tax hike hurt the middle class.

How does reducing taxes on the middle class hurt them? Also, the rich must pay the same tax rate as the rest of us and being that they're making more money...Yes, dollar per dollar they should be putting more money into our coffers!

The rich are already in a higher income tax bracket than lower wage workers, and they already pay zillions more in taxes than middle income earners. 45% of the working class in this country pay no federal income taxes. A family could be making 50 to 75K a year and have a couple of kids and with mortgage interest deduction end up paying no federal taxes.

 

[oreo]

You want the middle class to be revitalized, reduce taxes and regulations so companies can manufacture more in this country. As manufacturing goes so goes the middle class.

It might interest you to know that Obama's jobs Czar--Jeffrey Immelt whom is also CEO of General electric is the one of the largest outsourcers of jobs to China. Even Dennis Kucinich a liberal democrat had a fit over that.

Kucinich to Immelt Resign - TheStreet

Then to add insult to injury--General Electric made 108 billion dollars in 2011 and didn't pay a penny in Federal Taxes on it. Of course, this was the corporate loophole Obama was talking about tonight, as he has done for the last 7 years--LOL.

General Electric Avoids Taxes By Keeping 108 Billion Overseas

 

[thereisnospoon]

http://www.nytimes.com/2015/01/18/us/president-obama-will-seek-to-reduce-taxes-for-middle-class.html

What a concept...see sig. About gd time. Not scam Pub cuts either...

A $500 tax credit? I'm now the richest.
The can cram that credit up their liberal asses. That and the proposed tax on the wealthy will not have any effect on anything Obama states it will.
It is merely another installment of class warfare.

 

[Skylar]

What a waste of a thread.... Reduce taxes or wealth for the middle class? His last tax hike hurt the middle class.

How does reducing taxes on the middle class hurt them? Also, the rich must pay the same tax rate as the rest of us and being that they're making more money...Yes, dollar per dollar they should be putting more money into our coffers!

The rich are already in a higher income tax bracket than lower wage workers, and they already pay zillions more in taxes than middle income earners. 45% of the working class in this country pay no federal income taxes. A family could be making 50 to 75K a year and have a couple of kids and with mortgage interest deduction end up paying no federal taxes.

And by 'working class', you mean the retired? They are the single largest portion of that '45%'.

 

[Siete]

What a waste of a thread.... Reduce taxes or wealth for the middle class? His last tax hike hurt the middle class.

which one was that? The 82% of the Bush tax cuts he made permanent, Or the 18% of the Bush tax cuts that haven' t expired and are still in effect?

 

[Kosh]

What a waste of a thread.... Reduce taxes or wealth for the middle class? His last tax hike hurt the middle class.

How does reducing taxes on the middle class hurt them? Also, the rich must pay the same tax rate as the rest of us and being that they're making more money...Yes, dollar per dollar they should be putting more money into our coffers!

The rich are already in a higher income tax bracket than lower wage workers, and they already pay zillions more in taxes than middle income earners. 45% of the working class in this country pay no federal income taxes. A family could be making 50 to 75K a year and have a couple of kids and with mortgage interest deduction end up paying no federal taxes.

And by 'working class', you mean the retired? They are the single largest portion of that '45%'.

More propaganda not based on facts, typical far left drone.

 

[Kosh]

What a waste of a thread.... Reduce taxes or wealth for the middle class? His last tax hike hurt the middle class.

which one was that? The 82% of the Bush tax cuts he made permanent, Or the 18% of the Bush tax cuts that haven' t expired and are still in effect?

Even more far left religious propaganda not based in reality.

Although the biggest tax cuts of the modern era came from two democrats JFK and Carter.

 

[OKTexas]

You want the middle class to be revitalized, reduce taxes and regulations so companies can manufacture more in this country. As manufacturing goes so goes the middle class.

It might interest you to know that Obama's jobs Czar--Jeffrey Immelt whom is also CEO of General electric is the one of the largest outsourcers of jobs to China. Even Dennis Kucinich a liberal democrat had a fit over that.

Kucinich to Immelt Resign - TheStreet

Then to add insult to injury--General Electric made 108 billion dollars in 2011 and didn't pay a penny in Federal Taxes on it. Of course, this was the corporate loophole Obama was talking about tonight, as he has done for the last 7 years--LOL.

General Electric Avoids Taxes By Keeping 108 Billion Overseas

Yep, i knew that, and the left just doesn't give a shit because GE supports the commiecrats.

 

[Conservative65]

What a waste of a thread.... Reduce taxes or wealth for the middle class? His last tax hike hurt the middle class.

How does reducing taxes on the middle class hurt them? Also, the rich must pay the same tax rate as the rest of us and being that they're making more money...Yes, dollar per dollar they should be putting more money into our coffers!

The rich are already in a higher income tax bracket than lower wage workers, and they already pay zillions more in taxes than middle income earners. 45% of the working class in this country pay no federal income taxes. A family could be making 50 to 75K a year and have a couple of kids and with mortgage interest deduction end up paying no federal taxes.

I've run the numbers on the family of four (2 adults, 2 children). The family income can be $47,599.49 for tax year 2014 and no income taxes will be paid based solely on the standard deduction, personal exemptions x 4, and the child tax credit x 2 or, in other words, the makeup of the family. If there are any other credits/deductions, the amount goes up. If the amount hits $47,600, the tax is then $6.

I didn't count the mortgage interest deduction as that is only allowed if itemizing. I used the standard deduction. Again, if the itemized is greater than $12,400 (standard), the income level before paying taxes goes up.

While that's not wealthy, it's 200% of the poverty level for that size family.

 

[EdwardBaiamonte]

Steve Jobs built a platform, his workers created the wealth.

100% stupid as always as if inventing the iphone wasn't creating wealth and his $15 billion wasn't wealth. You don't think well enough to be here; why waste your time?

 

[OnePercenter]

And quite frankly, 1%er...if your costs haven't gone up? You're part of the target audience for ObamaCare...the poor. You're getting a freebie. Enjoy it while you try not to think of the people who will be paying your share.

I pay for full coverage insurance (PPO) for 290 employees and their families. My cost have gone up no more than in previous years. btw; The poor have always received a freebie.

Now poor WORKERS can get dignified health care with preventive medicine. Same with people with preexisting conditions. And many fewer bankruptcies that hurt everyone but banks.

Did any of your workers with preexisting have problems? Is that normal in company insurance, a problem more for independent workers? I mean in the past, thank God.

Yes. From what I've personally observed, insurance companies seem to target children with cancer and woman's health issues. Thank God that bullshit is over.

 

[OnePercenter]

The whole preexisting conditions thing is one more issue that "sounds good" until you actually think about it rationally. The way it sets up now, people are going to sign up for platinum plans when they get diagnosed with something serious and after they get it taken care of they'll go back to the cheaper bronze plan...rinse and repeat. It's going to make the cost of ObamaCare skyrocket.

Versus what, having taxpayers pay when the person ends up at a county hospital?

 

[OnePercenter]

When employers are begging for workers, they compete with higher wages to get or keep those workers. It's not rocket science.

Happened in the 1995, not since.