Over/Under on "Tax Cut Level"

The Opinion section of the WSJ? Oh, I see.

 

You will get your wish.

You have no idea what you are talking about and need to understand some basic facts about our taxation system as it currently exists.

 

not really. they do condone water boarding.

 

Yes, it takes a certified BBS Political Expert to understand the concept of "married filing jointly"....

 

meltdown?

 

I propose a pictorial response to your posts. The panda is taken, but many charismatic megafauna remain.

 

Anyone who thinks Barack Obama will be able to keep any promises about limiting tax increases and cutting spending with his neighbor Rahm and Barney Bubble all giddy about a New New Deal is showing ignorance, willful or not. Obama won't see many bills that resemble his plans. The House is being run by the left fringe right now. They've got the Speaker and the chairmanships of most of the important committees.

The House, especially Obama's best friends in the House, won't want anything to do with Obama's newfound Fabian attitudes. They're going to be energized and ready to really push "Progress". It will take a willingness to stand for principles that Obama has yet to show in his political career to keep the fringe from taking over the government.

(And pre-emptively: If anyone says that it serves Republicans right because they allowed the fringe to take their party, they haven't paid any attention the past 8 years.)

 

Why wouldn't it be 400K for families? Marriage penalty? Does this mean it will be worth it to be married/filing seperate rather than jointly?

 

I don't doubt this is true, but I haven't heard that anywhere but on this board. Is there a link?

 

Good lord I cannot wait for this election to be over. I'm sick and tired of every ignorant postulate from either side getting 15 minutes of undeserved air time.

Be informed about the issues and what the candidates propose to do about them. Then vote based on the issues.

 

He's got six years on you. Not to mention experience running two wildly successful companies and a Masters in Public Policy.

Not that he needs any help defending himself from you or any other nut on this BBS.

 

In his infomercial, Obama stated $200K for families, not $250K.

 

In his infomercial and everywhere else since this campaign began he has said no increase if you're under 250 and tax cuts if you're under 200. People making 200-250 would see no change.

I don't know where this joint filing distinction comes from wrt the Obama plan. I've never heard that.

 

In the infomercial he did mention families and didn't say anything about individuals so I don't really have anything to point to, either. I suppose people take the fact that he specifically said "families" to mean that individual filers will be treated differently.

Also, my post was in response to RMTex who said that the tax cut level for families would be 250,000. I was merely saying that the tax cut level stated on the infomercial was 200,000 for families.

 

On his website tax calculator, if you enter $150,000 - $200,000 and married filing jointly, it shows a $500 cut. If you input single, then it shows no tax cut.

 

The difference between you and I is simple. It has noting to do with experience or anything like that. It's that I'm actually interested in being knowledgable about the things I discuss. You are clearly not - you'd rather regurgitate a bunch of ignorant right wing drivel that is factually incorrect. It's an easy thing to change, but you seem to have no interest in it. You've been corrected numerous times in this thread, but you continue to have zero interest in the fact that the premise of your post was entirely wrong. Instead, you are only interested in attacking people for knowing more than you. That's the fundamental difference between us.

 

Rahm, while an annoying partisan, is an absolute centrist Democrat on fiscal issues. He's a member of both the DLC and NDC - he's a pro-business Dem.