Six Months to Go Until The Largest Tax Hikes in History

Discussion in 'Economics' started by Tom B, Jul 2, 2010.

  1. Sticking to what he's good at I suppose.
    #31     Jul 2, 2010
  2. Golfing, vacationing, attending sporting events and doing publicity stunts can be hard work...
    #32     Jul 2, 2010
  3. jprad


    Completely agree.

    There once was a time when the only ones who had the right to vote were those who owned their land outright, "freeholders."

    But, in today's world I'd rather it be a system where you forfeit your right to vote in order to receive public assistance and cannot reclaim that right for some number of years after you stop.

    More importantly, the same right would be forfeited by each and every employee of any company receiving a government bailout and cannot reclaim that right until some number of years after the debt has been fully repaid, with interest.
    #33     Jul 2, 2010
  4. The title for this topic is completely misleading.

    Taxes have been way higher then they are today and what they will be in 6 months.
    #34     Jul 2, 2010
  5. Well then, let's all do a FRICKIN' JIG!

    The notion of "biggest tax increase in history" MAY be correct.. or maybe not.... depending upon how measured. In any event, not a happy development for those will be forced to shoulder the load.
    #35     Jul 2, 2010
  6. Unfortunately the world needs a really big war with devestating secondary and tertiary effects to eliminate 25% of the population.

    Then a scream for a global messiah, a new religion, a new monetary system, and shackles for every leg.

    If you are against this....well, we have a name and solution for you.....
    #36     Jul 2, 2010
  7. Methinks you need to learn the difference between "hike" and "rate."

    This may or may not be the biggest hike (increase) in history--it probably depends how you measure it. Every hike is unique and hits certain individuals, businesses and income classes differently.
    But the title is legit since it's the largest by some criteria.

    Neither the title nor anyone else claimed that rates will be their highest ever. But while income tax rates were higher through the 1930-1970s, there weren't nearly as many "hidden" taxes on gas, alcohol, cigarettes, etc. In the end, it all goes back to how you measure it.
    #37     Jul 2, 2010
  8. nickdes


    obama was a loser before he was a candidate
    #38     Jul 2, 2010
  9. nickdes


    I do not remember a sitting president being on TV every single day, CNBC worships this jerk.
    #39     Jul 2, 2010
  10. Seems he views his job as "Priority 1... play golf"... "Priority 2... every time someone cuts a fart, make a speech about it."
    #40     Jul 2, 2010