So how much in dollars did your taxes go up this year on the Obama plan that hasn't even been passed?
Clinton left prior to 9/11. In case you cannot do math, 9/11 dealt a crushing blow to the economy. Neither Clinton nor Bush had much to do with surpluses or deficits.
Clinton left prior to 9/11. In case you cannot do math, 9/11 dealt a crushing blow to the economy. Neither Clinton nor Bush had much to do with surpluses or deficits. And if Clinton hadn't been a wimp, we might have been able to be more assertive against the Al Qaida types earlier, instead of Clinton sticking his head into the sand.
libertad, I saw your proposal about the C tax several times... and I am in favor of it. However, I think ET is the wrong audience. Most people here are wonnabee's who don't have a life, and can't care less about reforming the tax system. Care to share what you have done thru the political channels to get this moving forward?
9/11 was bad. However, the economy recovered rather quickly from it. The stock market was back to pre 9/11 levels within 2 months or so, I believe. Also, Clinton did attack the terrorists. The republicans immediately accused him of using it to cover up his affair. I'm not too biased politically but repubs always had great excuses for not balancing the budget, whether it was the cold war or 9/11. Who said "deficits don't matter", by the way? I'm hoping Obama will give up on health care and these other extraneous issues, and focus entirely on the economy, like Clinton did. If people have jobs available that pay them enough to have a little left over after paying bills, everything else will take care of itself.
Its called giving up because there is little revenue, no profit, and even less hope. I will probably leave the country in the next few years. There is nothing left here worth staying for, as long as you know they have targets taped to your back like I do. They are borrowing and spending SOOO much that there is no way the taxes here wont double on people that work hard like me. There are 2 basic problems there... 1. Government is WAY too big 2. Taxation of work, effort, production and profit, instead of taxation of consumption I dont think either of these will EVER improve, therefore my best option is to leave, because its *ME* they plan to stick with the bill.
That's quality info from a micro-economics view. Nice to see theory confirmed by facts-on-the-ground. Yep, the system is completely fucked. OECD has colluded to keep taxes high between developed Countries with the end game of crushing independent wealth and entrepreneurship. The powers want everyone beholden to GOVERNMENT for their bread, and only a handful of gigantic corporations will dominate industry via legislated monopolies. It's already happening. Big Business and Government want total control of OUR Lives. Entrepreneurship, small business and independent wealth are the #1 Threat to that. So they intend to wipe us out. Its not stupidity. Its premeditated. Class warfare of a different sort. The Bourgeois (ruling class) rip the Proletariat (the 'under' class). Its the exact same story thats played out for generations, except to a new tune and props. The Sheep are so dumbed-down they assume class-warefare is 'history' because everyone at work has a plasma TV. These jack-asses don't understand its all relative. The Super-Rich and Political Elite play with tens of billions and the fates of Countries. A plasma TV or F-150 is like a sheet of paper or stick of matches, to these guys. Who gives a fuck?!
"The problem with Socialism is that you eventually run out of other people's money" -- Margaret Thatcher
Already there. If I were to start a small business with the new Obama Federal Income Tax rates... Between the Feds, SS, Medicare, State Income Tax, Property Tax, and Sales Tax, I could have a total tax burden of $68,250 out of my first $100,000 in earnings. (Would be worse in a high tax state.)
Please post your math on this and also a comparison to the rates of this year (Bush's plan). You do know that the federal government does not control state taxes, property taxes or sales tax, right? I really doubt your federal tax burden would be much different under Obama than Bush. Educate me, though, lets see some real numbers, not opinions.