What exactly do republicans have to offer blacks?

[Markle]

The average CEO pay is 271 times the nearly $58,000 annual average pay of the typical American worker.

Compare that to 1978, when CEO earnings were only 30 times the typical worker’s salary.

So what?

What good does lying do to help put forth your erroneous point of view?

Yes, it was President Bill Clinton, Democrat, who caused a vast increase in the pay to executives. Again, so what? That does not take one thin dime from the pay of anyone else.

Here are FACTS, not your wishful thinking.

First, simple arithmetic. 271 x $58,000.00 = $15,758.000.00 That is close to $16 MILLION is it not? So you are lying. Why, are you simply too lazy to do your own research or do you simply lie out of habit?

Chief Executive Officer Salary in the United States

How much does a Chief Executive Officer make in the United States? The average Chief Executive Officer salary in the United States is $800,865 as of August 27, 2019, but the range typically falls between $617,517 and $995,698. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Chief Executive Officer Salary | Salary.com

Why lie?

 

[hadit]

So you want the "dole"? Here's the thing, Daniel...long experience has shown that giving people money without having to do anything FOR that money leads to an underclass that doesn't improve themselves or their situation! One that becomes more and more dependent while contributing less and less to society!

We simply didn't have a good grasp of economics back then, now we do. Only capital has to circulate under Capitalism.

It is not a "dole" but capital Compensation for Capitalism's natural rate of unemployment.

We could be solving simple poverty at the rock bottom cost of a form of minimum wage.

Call it whatever you like, Daniel...it's the "dole"! Why is it when policy that you liberals espouse fails...you think you can rename it and that it will work this time?

Because, equal protection of the law is in our social contract, not your subjective, socialist values on a national basis.

Did your mother smoke crack when you were in the womb, Daniel?

He keeps repeating over and over again something about equal protection of the law. But he rarely explains what that means. Even when he does it still doesn't seem to make sense to me 5 days later when I hear him repeat it. So maybe he should stop repeating that because it means nothing to the rest of us.

He must think repeating it over and over will make it catch on but when we don't know what he's talking about it just makes him come off as one of the nuts on this board. Like LARAMFAN.

He claims the law providing unemployment benefits is not applied equally because it requires you to have been laid off from a job before you can get the benefit. He literally wants anyone who simply decides not to work a job at all be paid.

 

[hadit]

So you want the "dole"? Here's the thing, Daniel...long experience has shown that giving people money without having to do anything FOR that money leads to an underclass that doesn't improve themselves or their situation! One that becomes more and more dependent while contributing less and less to society!

We simply didn't have a good grasp of economics back then, now we do. Only capital has to circulate under Capitalism.

It is not a "dole" but capital Compensation for Capitalism's natural rate of unemployment.

We could be solving simple poverty at the rock bottom cost of a form of minimum wage.

Call it whatever you like, Daniel...it's the "dole"! Why is it when policy that you liberals espouse fails...you think you can rename it and that it will work this time?

Because, equal protection of the law is in our social contract, not your subjective, socialist values on a national basis.

Did your mother smoke crack when you were in the womb, Daniel?

lol. Why do I get banned for being obtuse, when the right wing is Always worse.

Hint, it's not the right wing, it's you.

 

[sealybobo]

Walmart or the waltons are a good example. Those billionaires aren’t paying enough. They should unionize. I would

You can. Just go to work at your local Walmart and try to unionize. I'm sure they'll just love you.

Actually, not being in a union benefits me personally. Everyone else at my company complains they don't make enough but I make more than enough. They should unionize.

I'm just here arguing for them. For the masses. It's like when Warren Buffet advocates for his secretary. He's not arguing for himself. He's arguing for the masses. THEY aren't making their fair share.

Back when 35% of working Americans were unionized, we made our fair share. Since the corporations broke the unions we have not made our FAIR share but CEO pay has skyrocketed.

Unions would not need to "be about the money", so much with an institutional upward pressure on wages through equal protection of the law for unemployment compensation on an at-will basis in our at-will employment States.

Unions could focus more on craftsmanship and quality.

Translation: you want to highjack the efforts of people who work hard so you can get paid for not working at all.

Stop whining. It must take morals to be more stoic. Just quit your day job and go on unemployment, silly right winger. Plenty of people have more morals than you and would be happy to work for an income.

If only CEO pay were lower everything would be ok?

If only the CEO pay were lower and the average worker's pay was higher, everything would be better for the American middle class.

I seem to recall you telling me your brother was a big shot VP.

Do you tell him he makes to much money?

Yes and he just about threw me out of his truck.

 

[hadit]

the left has a solution. it is called, solving simple poverty. you simply didn't understand the economic concepts but had to put in your two "Congressional Continentals worth."

What have Progressives accomplished regarding simple poverty, whatever that is? Starting with former President Lyndon Johnson, you have accomplished nothing but spending over 21 Trillion going down the tubes.

Conservative policies make middle class people poorer. They shrink the middle class. They widen the gap between rich and poor. They make the rich richer. They take risks and deregulate. They favor corporations not labor

The right wing believes the Poor are not worth equal protection of the law under our form of Capitalism.

No they don't.

Yes, they do.

And that right there is why you continue to get banned. You actually believe the blargle you write.

 

[Markle]

And what did Trump do?

The Republican tax bill will exacerbate income inequality in America

The Republican tax bill will exacerbate income inequality in America
“The bill is investing heavily in the wealthy and their children.”

The Trump Tax Cuts Did One Thing: Give Rich People More Money

So don't complain about Barry doing these things but then turn around and not mind that Trump's doing exactly what you accuse Barry of doing. That would make you a hypocrite.

And what did Barry do? He got us out of the Great Recession your buddy Bush created.

Does screaming lies make your lies any more relevant? It just makes you look childish.

How does a two-year-old OPINION PIECE, by a far-left publication have any relevance?

The forecast made by VOX did not come true, so why are you screaming?

As you know too, the "Great Recession" was due to the policies, rules, and regulations enacted and put in place by Democrats.

 

[ding]

If only CEO pay were lower everything would be ok?

If only the CEO pay were lower and the average worker's pay was higher, everything would be better for the American middle class.

Do some math would ya?

Well seeing as how most of the time I find you talking about an imaginary friend you believe in, I don't take anything you say too seriously. This is why I say religion makes people stupid. You're proof of that.

Whereas good old math proved you are.

Oldstyle makes sense, you don't.

Couldn’t be happier, SB.

 

[danielpalos]

Call it whatever you like, Daniel...it's the "dole"! Why is it when policy that you liberals espouse fails...you think you can rename it and that it will work this time?

Because, equal protection of the law is in our social contract, not your subjective, socialist values on a national basis.

Did your mother smoke crack when you were in the womb, Daniel?

He keeps repeating over and over again something about equal protection of the law. But he rarely explains what that means. Even when he does it still doesn't seem to make sense to me 5 days later when I hear him repeat it. So maybe he should stop repeating that because it means nothing to the rest of us.

He must think repeating it over and over will make it catch on but when we don't know what he's talking about it just makes him come off as one of the nuts on this board. Like LARAMFAN.

lol. i guess i haven't dumbed it down enough for the right wing.

what part are you too dumb to understand?

I'm a flaming liberal. So if you are losing us and them, maybe you need to rethink your tactics.

Not at all. I merely need to be more grateful for our federal and State doctrines of separation of power, than I currently am.

You would simply be, incompetent in superior or supreme venues.

 

[danielpalos]

We simply didn't have a good grasp of economics back then, now we do. Only capital has to circulate under Capitalism.

It is not a "dole" but capital Compensation for Capitalism's natural rate of unemployment.

We could be solving simple poverty at the rock bottom cost of a form of minimum wage.

Call it whatever you like, Daniel...it's the "dole"! Why is it when policy that you liberals espouse fails...you think you can rename it and that it will work this time?

Because, equal protection of the law is in our social contract, not your subjective, socialist values on a national basis.

Did your mother smoke crack when you were in the womb, Daniel?

He keeps repeating over and over again something about equal protection of the law. But he rarely explains what that means. Even when he does it still doesn't seem to make sense to me 5 days later when I hear him repeat it. So maybe he should stop repeating that because it means nothing to the rest of us.

He must think repeating it over and over will make it catch on but when we don't know what he's talking about it just makes him come off as one of the nuts on this board. Like LARAMFAN.

He claims the law providing unemployment benefits is not applied equally because it requires you to have been laid off from a job before you can get the benefit. He literally wants anyone who simply decides not to work a job at all be paid.

it is about equal protection of employment at the will of Either party laws, not your subjective social morals on a national basis.

 

[sealybobo]

Let’s say a company has 50,000 employees and the CEO gets a $21,000,000 compensation package with pay, bonus and stock options. Now let’s say we reduce his package to 1 million bucks and give the difference to the 50,000 employees. That’s a whopping $400 increase in pay per employee.

Wow, that really made a difference.

You dare say that $400 won't make a difference but then turn around and brag about Trump's tax breaks to the middle class?

You guys want us US workers to take a pay cut so we are more competitive with foreign automakers. Well why don't the CEO's take a pay cut too? They are employees of the company too right?

And it's not just the CEO's pay. My brother is like a level 3 VP at his company and he took home $800,000 last year. That's god damn ridiculous. Who's dick do I have to suck to make half of that?

 

[ding]

You can. Just go to work at your local Walmart and try to unionize. I'm sure they'll just love you.

Actually, not being in a union benefits me personally. Everyone else at my company complains they don't make enough but I make more than enough. They should unionize.

I'm just here arguing for them. For the masses. It's like when Warren Buffet advocates for his secretary. He's not arguing for himself. He's arguing for the masses. THEY aren't making their fair share.

Back when 35% of working Americans were unionized, we made our fair share. Since the corporations broke the unions we have not made our FAIR share but CEO pay has skyrocketed.

Unions would not need to "be about the money", so much with an institutional upward pressure on wages through equal protection of the law for unemployment compensation on an at-will basis in our at-will employment States.

Unions could focus more on craftsmanship and quality.

Translation: you want to highjack the efforts of people who work hard so you can get paid for not working at all.

Stop whining. It must take morals to be more stoic. Just quit your day job and go on unemployment, silly right winger. Plenty of people have more morals than you and would be happy to work for an income.

If only CEO pay were lower everything would be ok?

If only the CEO pay were lower and the average worker's pay was higher, everything would be better for the American middle class.

I seem to recall you telling me your brother was a big shot VP.

Do you tell him he makes to much money?

Yes and he just about threw me out of his truck.

As well he should.

 

[danielpalos]

We simply didn't have a good grasp of economics back then, now we do. Only capital has to circulate under Capitalism.

It is not a "dole" but capital Compensation for Capitalism's natural rate of unemployment.

We could be solving simple poverty at the rock bottom cost of a form of minimum wage.

Call it whatever you like, Daniel...it's the "dole"! Why is it when policy that you liberals espouse fails...you think you can rename it and that it will work this time?

Because, equal protection of the law is in our social contract, not your subjective, socialist values on a national basis.

Did your mother smoke crack when you were in the womb, Daniel?

lol. Why do I get banned for being obtuse, when the right wing is Always worse.

Hint, it's not the right wing, it's you.

lol. hint. i am the truest witness bearer on this board. Yes, the right wing is worse.

 

[Markle]

What did Obama want to do? Lowering the tax burden on middle-class families, expanding access to education, job training and retirement, closing loopholes and raising taxes on capital gains had no chance of being passed with a Republican controlled house and senate.

Failed former President Barack Hussein Obama LOWERED the tax burden? What a unique thought, a lie but unique.

Full List of Obama Tax Hikes

1. A 156 percent increase in the federal excise tax on tobacco: On February 4, 2009, just sixteen days into his Administration, Obama signed into law a 156 percent increase in the federal excise tax on tobacco, a hike of 61 cents per pack. The median income of smokers is just over $36,000 per year.

2. Obamacare Individual Mandate Excise Tax (takes effect in Jan 2014): Starting in 2014, anyone not buying “qualifying” health insurance – as defined by Obama-appointed HHS bureaucrats -- must pay an income surtax according to the higher of the following:





1 Adult

2 Adults

3+ Adults

2014

1% AGI/$95

1% AGI/$190

1% AGI/$285

2015

2% AGI/$325

2% AGI/$650

2% AGI/$975

2016 +

2.5% AGI/$695

2.5% AGI/$1390

2.5% AGI/$2085


The Congressional Budget Office recently estimated that six million American families will be liable for the tax, and as Americans for Tax Reform has pointed out, 100 percent of Americans filing a tax return (140 million filers) will be forced to submit paperwork to the IRS showing they had “qualifying” health insurance for every month of the tax year. Bill: PPACA; Page: 317-337)

3. Obamacare Employer Mandate Tax (takes effect Jan. 2014): If an employer does not offer health coverage, and at least one employee qualifies for a health tax credit, the employer must pay an additional non-deductible tax of $2000 for all full-time employees. Applies to all employers with 50 or more employees. If any employee actually receives coverage through the exchange, the penalty on the employer for that employee rises to $3000. If the employer requires a waiting period to enroll in coverage of 30-60 days, there is a $400 tax per employee ($600 if the period is 60 days or longer). Bill: PPACA; Page: 345-346

Combined score of individual and employer mandate tax penalty: $65 billion/10 years

4. Obamacare Surtax on Investment Income (Tax hike of $123 billion/takes effect Jan. 2013): Creation of a new, 3.8 percent surtax on investment income earned in households making at least $250,000 ($200,000 single). This would result in the following top tax rates on investment income: Bill: Reconciliation Act; Page: 87-93

Capital Gains

Dividends

Other*

2011-2012

15%

15%

35%

2013+ (current law)

23.8%

43.4%

43.4%

2013+ (Obama budget)

23.8%

23.8%

43.4%


*Other unearned income includes (for surtax purposes) gross income from interest, annuities, royalties, net rents, and passive income in partnerships and Subchapter-S corporations. It does not include municipal bond interest or life insurance proceeds, since those do not add to gross income. It does not include active trade or business income, fair market value sales of ownership in pass-through entities, or distributions from retirement plans. The 3.8% surtax does not apply to non-resident aliens.

5. Obamacare Excise Tax on Comprehensive Health Insurance Plans (Tax hike of $32 bil/takes effect Jan. 2018): Starting in 2018, new 40 percent excise tax on “Cadillac” health insurance plans ($10,200 single/$27,500 family). Higher threshold ($11,500 single/$29,450 family) for early retirees and high-risk professions. CPI +1 percentage point indexed. Bill: PPACA; Page: 1,941-1,956

6. Obamacare Hike in Medicare Payroll Tax (Tax hike of $86.8 bil/takes effect Jan. 2013): Current law and changes:

First $200,000
($250,000 Married)
Employer/Employee

All Remaining Wages
Employer/Employee

Current Law

1.45%/1.45%
2.9% self-employed

1.45%/1.45%
2.9% self-employed

Obamacare Tax Hike

1.45%/1.45%
2.9% self-employed

1.45%/2.35%
3.8% self-employed


Bill: PPACA, Reconciliation Act; Page: 2000-2003; 87-93

7. Obamacare Medicine Cabinet Tax (Tax hike of $5 bil/took effect Jan. 2011): Americans are no longer able to use health savings account (HSA), flexible spending account (FSA), or health reimbursement (HRA) pre-tax dollars to purchase non-prescription, over-the-counter medicines (except insulin). Bill: PPACA; Page: 1,957-1,959

8. Obamacare HSA Withdrawal Tax Hike (Tax hike of $1.4 bil/took effect Jan. 2011): Increases additional tax on non-medical early withdrawals from an HSA from 10 to 20 percent, disadvantaging them relative to IRAs and other tax-advantaged accounts, which remain at 10 percent. Bill: PPACA; Page: 1,959

9. Obamacare Flexible Spending Account Cap – aka “Special Needs Kids Tax” (Tax hike of $13 bil/takes effect Jan. 2013): Imposes cap on FSAs of $2500 (currently unlimited). Indexed to inflation after 2013. There is one group of FSA owners for whom this new cap will be particularly cruel and onerous: parents of special needs children. There are thousands of families with special needs children in the United States, and many of them use FSAs to pay for special needs education. Tuition rates at one leading school that teaches special needs children in Washington, D.C. (National Child Research Center) can easily exceed $14,000 per year. Under tax rules, FSA dollars can be used to pay for this type of special needs education. Bill: PPACA; Page: 2,388-2,389

10. Obamacare Tax on Medical Device Manufacturers (Tax hike of $20 bil/takes effect Jan. 2013): Medical device manufacturers 409,000 people in 12,000 plants across the country. This law imposes a new 2.3 percent excise tax on total sales, even if the respective company does not earn a profit. Exempts items retailing for <$100. Bill: PPACA; Page: 1,980-1,986

11. Obamacare "Haircut" for Medical Itemized Deduction from 7.5% to 10% of AGI (Tax hike of $15.2 bil/takes effect Jan. 2013): Currently, those facing high medical expenses are allowed a deduction for medical expenses to the extent that those expenses exceed 7.5 percent of adjusted gross income (AGI). The new provision imposes a threshold of 10 percent of AGI. Waived for 65+ taxpayers in 2013-2016 only. Bill: PPACA; Page: 1,994-1,995

12. Obamacare Tax on Indoor Tanning Services (Tax hike of $2.7 billion/took effect July 2010): New 10 percent excise tax on Americans using indoor tanning salons. Making matters worse: According to a Treasury Inspector General for Tax Administration report, the Obama IRS didn’t bother to issue compliance guidelines until three quarterly filing deadlines had passed: “By the time [IRS] notices were issued, tanning excise tax returns had been due for three quarters." Bill: PPACA; Page: 2,397-2,399

13. Obamacare elimination of tax deduction for employer-provided retirement Rx drug coverage in coordination with Medicare Part D (Tax hike of $4.5 bil/takes effect Jan. 2013) Bill: PPACA; Page: 1,994

14. Obamacare Blue Cross/Blue Shield Tax Hike (Tax hike of $0.4 bil/took effect Jan. 1 2010): The special tax deduction in current law for Blue Cross/Blue Shield companies would only be allowed if 85 percent or more of premium revenues are spent on clinical services. Bill: PPACA; Page: 2,004

15. Obamacare Excise Tax on Charitable Hospitals (Min$/took effect immediately): $50,000 per hospital if they fail to meet new "community health assessment needs," "financial assistance," and "billing and collection" rules set by Obama-appointed HHS bureaucrats. Bill: PPACA; Page: 1,961-1,971

16. Obamacare Tax on Innovator Drug Companies (Tax hike of $22.2 bil/took effect Jan. 2010): $2.3 billion annual tax on the industry imposed relative to share of sales made that year. Bill: PPACA; Page: 1,971-1,980

17. Obamacare Tax on Health Insurers (Tax hike of $60.1 bil/takes effect Jan. 2014): Annual tax on the industry imposed relative to health insurance premiums collected that year. Phases in gradually until 2018. Fully-imposed on firms with $50 million in profits. Bill: PPACA; Page: 1,986-1,993

18. Obamacare $500,000 Annual Executive Compensation Limit for Health Insurance Executives (Tax hike of $0.6 bil/takes effect Jan 2013). Bill: PPACA; Page: 1,995-2,000

19. Obamacare Employer Reporting of Insurance on W-2 ($min/takes effect Jan. 2012): Preamble to taxing health benefits on individual tax returns. Bill: PPACA; Page: 1,957

20. Obamacare “Black liquor” tax hike (Tax hike of $23.6 billion/took effect immediately). This is a tax increase on a type of bio-fuel. Bill: Reconciliation Act; Page: 105

21. Obamacare Codification of the “economic substance doctrine” (Tax hike of $4.5 billion/took effect immediately). This provision allows the IRS to disallow completely-legal tax deductions and other legal tax-minimizing plans just because the IRS deems that the action lacks “substance” and is merely intended to reduce taxes owed. Bill: Reconciliation Act; Page: 108-113

Full List of Obama Tax Hikes | Americans for Tax Reform

 

[sealybobo]

Because, equal protection of the law is in our social contract, not your subjective, socialist values on a national basis.

Did your mother smoke crack when you were in the womb, Daniel?

He keeps repeating over and over again something about equal protection of the law. But he rarely explains what that means. Even when he does it still doesn't seem to make sense to me 5 days later when I hear him repeat it. So maybe he should stop repeating that because it means nothing to the rest of us.

He must think repeating it over and over will make it catch on but when we don't know what he's talking about it just makes him come off as one of the nuts on this board. Like LARAMFAN.

lol. i guess i haven't dumbed it down enough for the right wing.

what part are you too dumb to understand?

I'm a flaming liberal. So if you are losing us and them, maybe you need to rethink your tactics.

Not at all. I merely need to be more grateful for our federal and State doctrines of separation of power, than I currently am.

You would simply be, incompetent in superior or supreme venues.

There you go again. I totally don't understand what the fuck you just said. You're too smart for this conversation.

 

[ding]

Let’s say a company has 50,000 employees and the CEO gets a $21,000,000 compensation package with pay, bonus and stock options. Now let’s say we reduce his package to 1 million bucks and give the difference to the 50,000 employees. That’s a whopping $400 increase in pay per employee.

Wow, that really made a difference.

You dare say that $400 won't make a difference but then turn around and brag about Trump's tax breaks to the middle class?



View attachment 280256

You guys want us US workers to take a pay cut so we are more competitive with foreign automakers. Well why don't the CEO's take a pay cut too? They are employees of the company too right?

And it's not just the CEO's pay. My brother is like a level 3 VP at his company and he took home $800,000 last year. That's god damn ridiculous. Who's dick do I have to suck to make half of that?

I think you are confusing me with someone else. Show me.

He must not be a very good VP if he only made 800k.

 

[hadit]

Call it whatever you like, Daniel...it's the "dole"! Why is it when policy that you liberals espouse fails...you think you can rename it and that it will work this time?

Because, equal protection of the law is in our social contract, not your subjective, socialist values on a national basis.

Did your mother smoke crack when you were in the womb, Daniel?

He keeps repeating over and over again something about equal protection of the law. But he rarely explains what that means. Even when he does it still doesn't seem to make sense to me 5 days later when I hear him repeat it. So maybe he should stop repeating that because it means nothing to the rest of us.

He must think repeating it over and over will make it catch on but when we don't know what he's talking about it just makes him come off as one of the nuts on this board. Like LARAMFAN.

He claims the law providing unemployment benefits is not applied equally because it requires you to have been laid off from a job before you can get the benefit. He literally wants anyone who simply decides not to work a job at all be paid.

it is about equal protection of employment at the will of Either party laws, not your subjective social morals on a national basis.

Which you've admitted means you want to be paid whether you work a job or not. That's the bottom line.

 

[danielpalos]

What have Progressives accomplished regarding simple poverty, whatever that is? Starting with former President Lyndon Johnson, you have accomplished nothing but spending over 21 Trillion going down the tubes.

Conservative policies make middle class people poorer. They shrink the middle class. They widen the gap between rich and poor. They make the rich richer. They take risks and deregulate. They favor corporations not labor

The right wing believes the Poor are not worth equal protection of the law under our form of Capitalism.

No they don't.

Yes, they do.

And that right there is why you continue to get banned. You actually believe the blargle you write.

Yes, i am simply more honest than You. Yet, I get banned more. Only forms of cronyism, can account for that.

 

[ding]

Let’s say a company has 50,000 employees and the CEO gets a $21,000,000 compensation package with pay, bonus and stock options. Now let’s say we reduce his package to 1 million bucks and give the difference to the 50,000 employees. That’s a whopping $400 increase in pay per employee.

Wow, that really made a difference.

You dare say that $400 won't make a difference but then turn around and brag about Trump's tax breaks to the middle class?



View attachment 280256

You guys want us US workers to take a pay cut so we are more competitive with foreign automakers. Well why don't the CEO's take a pay cut too? They are employees of the company too right?

And it's not just the CEO's pay. My brother is like a level 3 VP at his company and he took home $800,000 last year. That's god damn ridiculous. Who's dick do I have to suck to make half of that?

Yes, I do dare say $400 won’t make a difference. You will still be blathering on about the so called income inequality.

 

[sealybobo]

What did Obama want to do? Lowering the tax burden on middle-class families, expanding access to education, job training and retirement, closing loopholes and raising taxes on capital gains had no chance of being passed with a Republican controlled house and senate.

Failed former President Barack Hussein Obama LOWERED the tax burden? What a unique thought, a lie but unique.

Full List of Obama Tax Hikes

1. A 156 percent increase in the federal excise tax on tobacco: On February 4, 2009, just sixteen days into his Administration, Obama signed into law a 156 percent increase in the federal excise tax on tobacco, a hike of 61 cents per pack. The median income of smokers is just over $36,000 per year.

2. Obamacare Individual Mandate Excise Tax (takes effect in Jan 2014): Starting in 2014, anyone not buying “qualifying” health insurance – as defined by Obama-appointed HHS bureaucrats -- must pay an income surtax according to the higher of the following:





1 Adult

2 Adults

3+ Adults

2014

1% AGI/$95

1% AGI/$190

1% AGI/$285

2015

2% AGI/$325

2% AGI/$650

2% AGI/$975

2016 +

2.5% AGI/$695

2.5% AGI/$1390

2.5% AGI/$2085


The Congressional Budget Office recently estimated that six million American families will be liable for the tax, and as Americans for Tax Reform has pointed out, 100 percent of Americans filing a tax return (140 million filers) will be forced to submit paperwork to the IRS showing they had “qualifying” health insurance for every month of the tax year. Bill: PPACA; Page: 317-337)

3. Obamacare Employer Mandate Tax (takes effect Jan. 2014): If an employer does not offer health coverage, and at least one employee qualifies for a health tax credit, the employer must pay an additional non-deductible tax of $2000 for all full-time employees. Applies to all employers with 50 or more employees. If any employee actually receives coverage through the exchange, the penalty on the employer for that employee rises to $3000. If the employer requires a waiting period to enroll in coverage of 30-60 days, there is a $400 tax per employee ($600 if the period is 60 days or longer). Bill: PPACA; Page: 345-346

Combined score of individual and employer mandate tax penalty: $65 billion/10 years

4. Obamacare Surtax on Investment Income (Tax hike of $123 billion/takes effect Jan. 2013): Creation of a new, 3.8 percent surtax on investment income earned in households making at least $250,000 ($200,000 single). This would result in the following top tax rates on investment income: Bill: Reconciliation Act; Page: 87-93

Capital Gains

Dividends

Other*

2011-2012

15%

15%

35%

2013+ (current law)

23.8%

43.4%

43.4%

2013+ (Obama budget)

23.8%

23.8%

43.4%


*Other unearned income includes (for surtax purposes) gross income from interest, annuities, royalties, net rents, and passive income in partnerships and Subchapter-S corporations. It does not include municipal bond interest or life insurance proceeds, since those do not add to gross income. It does not include active trade or business income, fair market value sales of ownership in pass-through entities, or distributions from retirement plans. The 3.8% surtax does not apply to non-resident aliens.

5. Obamacare Excise Tax on Comprehensive Health Insurance Plans (Tax hike of $32 bil/takes effect Jan. 2018): Starting in 2018, new 40 percent excise tax on “Cadillac” health insurance plans ($10,200 single/$27,500 family). Higher threshold ($11,500 single/$29,450 family) for early retirees and high-risk professions. CPI +1 percentage point indexed. Bill: PPACA; Page: 1,941-1,956

6. Obamacare Hike in Medicare Payroll Tax (Tax hike of $86.8 bil/takes effect Jan. 2013): Current law and changes:

First $200,000
($250,000 Married)
Employer/Employee

All Remaining Wages
Employer/Employee

Current Law

1.45%/1.45%
2.9% self-employed

1.45%/1.45%
2.9% self-employed

Obamacare Tax Hike

1.45%/1.45%
2.9% self-employed

1.45%/2.35%
3.8% self-employed


Bill: PPACA, Reconciliation Act; Page: 2000-2003; 87-93

7. Obamacare Medicine Cabinet Tax (Tax hike of $5 bil/took effect Jan. 2011): Americans are no longer able to use health savings account (HSA), flexible spending account (FSA), or health reimbursement (HRA) pre-tax dollars to purchase non-prescription, over-the-counter medicines (except insulin). Bill: PPACA; Page: 1,957-1,959

8. Obamacare HSA Withdrawal Tax Hike (Tax hike of $1.4 bil/took effect Jan. 2011): Increases additional tax on non-medical early withdrawals from an HSA from 10 to 20 percent, disadvantaging them relative to IRAs and other tax-advantaged accounts, which remain at 10 percent. Bill: PPACA; Page: 1,959

9. Obamacare Flexible Spending Account Cap – aka “Special Needs Kids Tax” (Tax hike of $13 bil/takes effect Jan. 2013): Imposes cap on FSAs of $2500 (currently unlimited). Indexed to inflation after 2013. There is one group of FSA owners for whom this new cap will be particularly cruel and onerous: parents of special needs children. There are thousands of families with special needs children in the United States, and many of them use FSAs to pay for special needs education. Tuition rates at one leading school that teaches special needs children in Washington, D.C. (National Child Research Center) can easily exceed $14,000 per year. Under tax rules, FSA dollars can be used to pay for this type of special needs education. Bill: PPACA; Page: 2,388-2,389

10. Obamacare Tax on Medical Device Manufacturers (Tax hike of $20 bil/takes effect Jan. 2013): Medical device manufacturers 409,000 people in 12,000 plants across the country. This law imposes a new 2.3 percent excise tax on total sales, even if the respective company does not earn a profit. Exempts items retailing for <$100. Bill: PPACA; Page: 1,980-1,986

11. Obamacare "Haircut" for Medical Itemized Deduction from 7.5% to 10% of AGI (Tax hike of $15.2 bil/takes effect Jan. 2013): Currently, those facing high medical expenses are allowed a deduction for medical expenses to the extent that those expenses exceed 7.5 percent of adjusted gross income (AGI). The new provision imposes a threshold of 10 percent of AGI. Waived for 65+ taxpayers in 2013-2016 only. Bill: PPACA; Page: 1,994-1,995

12. Obamacare Tax on Indoor Tanning Services (Tax hike of $2.7 billion/took effect July 2010): New 10 percent excise tax on Americans using indoor tanning salons. Making matters worse: According to a Treasury Inspector General for Tax Administration report, the Obama IRS didn’t bother to issue compliance guidelines until three quarterly filing deadlines had passed: “By the time [IRS] notices were issued, tanning excise tax returns had been due for three quarters." Bill: PPACA; Page: 2,397-2,399

13. Obamacare elimination of tax deduction for employer-provided retirement Rx drug coverage in coordination with Medicare Part D (Tax hike of $4.5 bil/takes effect Jan. 2013) Bill: PPACA; Page: 1,994

14. Obamacare Blue Cross/Blue Shield Tax Hike (Tax hike of $0.4 bil/took effect Jan. 1 2010): The special tax deduction in current law for Blue Cross/Blue Shield companies would only be allowed if 85 percent or more of premium revenues are spent on clinical services. Bill: PPACA; Page: 2,004

15. Obamacare Excise Tax on Charitable Hospitals (Min$/took effect immediately): $50,000 per hospital if they fail to meet new "community health assessment needs," "financial assistance," and "billing and collection" rules set by Obama-appointed HHS bureaucrats. Bill: PPACA; Page: 1,961-1,971

16. Obamacare Tax on Innovator Drug Companies (Tax hike of $22.2 bil/took effect Jan. 2010): $2.3 billion annual tax on the industry imposed relative to share of sales made that year. Bill: PPACA; Page: 1,971-1,980

17. Obamacare Tax on Health Insurers (Tax hike of $60.1 bil/takes effect Jan. 2014): Annual tax on the industry imposed relative to health insurance premiums collected that year. Phases in gradually until 2018. Fully-imposed on firms with $50 million in profits. Bill: PPACA; Page: 1,986-1,993

18. Obamacare $500,000 Annual Executive Compensation Limit for Health Insurance Executives (Tax hike of $0.6 bil/takes effect Jan 2013). Bill: PPACA; Page: 1,995-2,000

19. Obamacare Employer Reporting of Insurance on W-2 ($min/takes effect Jan. 2012): Preamble to taxing health benefits on individual tax returns. Bill: PPACA; Page: 1,957

20. Obamacare “Black liquor” tax hike (Tax hike of $23.6 billion/took effect immediately). This is a tax increase on a type of bio-fuel. Bill: Reconciliation Act; Page: 105

21. Obamacare Codification of the “economic substance doctrine” (Tax hike of $4.5 billion/took effect immediately). This provision allows the IRS to disallow completely-legal tax deductions and other legal tax-minimizing plans just because the IRS deems that the action lacks “substance” and is merely intended to reduce taxes owed. Bill: Reconciliation Act; Page: 108-113

Full List of Obama Tax Hikes | Americans for Tax Reform

I said he wanted to. I didn't say he did.

And yes, in order to cover the poor and children, your taxes and healthcare costs will have to go up a little. So what?

They should have passed single payer socialized medicine for all. Then your company can buy you better insurance if you are so valuable to them. Chances are though they won't. They'll just tell you to go get your government provided healthcare.

OMG I am starting to sound like Danielpalos. lol

 

[sealybobo]

What have Progressives accomplished regarding simple poverty, whatever that is? Starting with former President Lyndon Johnson, you have accomplished nothing but spending over 21 Trillion going down the tubes.

Conservative policies make middle class people poorer. They shrink the middle class. They widen the gap between rich and poor. They make the rich richer. They take risks and deregulate. They favor corporations not labor

The right wing believes the Poor are not worth equal protection of the law under our form of Capitalism.

No they don't.

Yes, they do.

And that right there is why you continue to get banned. You actually believe the blargle you write.

That's a bannable infraction?