Obama's 400 Billion Tax Cut Approved

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Old Feb 7, 2009 | 01:41 PM
  #16  
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[QUOTE=PKRWUD;3575475]That right there is the definition of every tax, not just select ones. Every penny you've ever paid in taxes was a redistribution of wealth, but recently it's also become a popular talking point.


Im saying stop taxing people and allow them to keep more of what they earn. The government cant redistribute something they dont take from you. Hence it's a tax cut. They no longer take that money from you.
 
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Old Feb 7, 2009 | 01:45 PM
  #17  
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Originally Posted by lariat_is_king
But back-of-the-envelope calculations suggest in some scenarios it could be anywhere from an extra $83 to $166 per paycheck during the first quarter of the year.



Ok so i get paid bi-weekly so let's say that for this QUARTER i get an extra 166 per check. that's 6 x 166 = 996 dollars. after that whole quarter is up i no longer get that money. how is this a tax cut again? oh yea and i'm assuming the 83-166 dollars is before tax so it's even less than that i'd take home. Again, for one quarter. Why not lowe my tax rate from 25% to 21% and make it permanent? Now that's a tax cut. If this plan is that great why dont the democrats just take it as their own vote on it and if it works they will have 100% of the credit. They wont because they know it doesn't work. They want to bring as many republicans on board so they can spread the blame in 2 years when Obama is on his 2nd campaign. Obama comes in preaching hope and change and that he is the answer to the worlds problems yet he is clearly in over his head. He has the votes to pass anything he wants and doesn't have the nerves to do so. Face it, he knows his plans are not designed to succeed for the american workforce unless succeeding means more people depending on the government. Love or Hate Bush at least he had the b*lls to make a decision and stick with it. That's the job of the president of the united states. You have to be able to make decisions. Obama is wishing he could vote present still....

How is this a Tax Cut? Simple. 400 Billion Dollars of Yours and My Money, instead of going to the Government, Will Go to You. In your Pay Check.

What don't you understand?

The Republicans were pushing for More in these types of Tax cuts..
 
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Old Feb 7, 2009 | 01:48 PM
  #18  
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Originally Posted by lariat_is_king
Originally Posted by PKRWUD
That right there is the definition of every tax, not just select ones. Every penny you've ever paid in taxes was a redistribution of wealth, but recently it's also become a popular talking point.

Im saying stop taxing people and allow them to keep more of what they earn. The government cant redistribute something they dont take from you. Hence it's a tax cut. They no longer take that money from you.
I understand your point, I just wanted to point out that all taxes are a redistribution of wealth, not just the ones people don't want to pay.
 
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Old Feb 7, 2009 | 01:52 PM
  #19  
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Originally Posted by BHibbs
How is this a Tax Cut? Simple. 400 Billion Dollars of Yours and My Money, instead of going to the Government, Will Go to You. In your Pay Check.

What don't you understand?

The Republicans were pushing for More in these types of Tax cuts..
That's not correct. The governement supposedly wants to "give back" this money that they've already or will be taking from the tax payers and from other nations in loans. They want to spend 900 billion dollars of tax payers money. That's the most ridiculous proposal i've ever heard. They are the ones trying to say you deserve 500, i deserve 1,000, someone else who makes more than me deserves nothing. That's asinine in principle. Who are they to say. Stop collecting taxes from us and allow us to spend as we see fit. It's basic economics 101.
 
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Old Feb 7, 2009 | 02:15 PM
  #20  
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Simple question. The $600 per person last year didn't do much so why would giving a little bit back on each check help this go around? I would be more than happy not to take this money in the best interest of the country.
 
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Old Feb 7, 2009 | 03:02 PM
  #21  
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Originally Posted by dkstone05
Simple question. The $600 per person last year didn't do much so why would giving a little bit back on each check help this go around? I would be more than happy not to take this money in the best interest of the country.
You are correct in that a stimulus check won't help. You give me a $50 check or a $2000 check and either one is going in the bank, and contrary to the general public I'm not struggling at all right now. I have job security and lots of OT jobs that pay well.

On the average bi-weekly pay check I gross anywhere from 1500-1700 on average. After you factor in all Taxes that's reduced to 1100 take home on average. Now if I was keeping anywhere from 186+ per paycheck thats $9672 that stays in my pocket. With that kinda extra cash I guarantee you I would go out and buy a house now.

Tax cuts are fair where the stimulus isn't because I get more back at the end of the week because I make more due to credentials or qualifications that got me the higher paying job.
 
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Old Feb 7, 2009 | 03:09 PM
  #22  
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I pay Thousands of dollars a year in Federal Taxes. With this plan I'll be getting some back on my Pay check. I'm Paying LESS Taxes. That's a tax Cut.

The Budget Deficit, Now that's Another conversation... (but getting out of Iraq will save us Billions alone..)


 
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Old Feb 7, 2009 | 03:22 PM
  #23  
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Getting out of Iraq is one thing, getting into Afghanistan is another. Obama will keep us in the middle east. It matters not who is President. The U.S. military is the official police force of the world. He is doubling the troops in Afghanistan and there will be more added in the coming months and years.
 
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Old Feb 7, 2009 | 03:32 PM
  #24  
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Originally Posted by CajunJosh
You are correct in that a stimulus check won't help. You give me a $50 check or a $2000 check and either one is going in the bank, and contrary to the general public I'm not struggling at all right now. I have job security and lots of OT jobs that pay well.

On the average bi-weekly pay check I gross anywhere from 1500-1700 on average. After you factor in all Taxes that's reduced to 1100 take home on average. Now if I was keeping anywhere from 186+ per paycheck thats $9672 that stays in my pocket. With that kinda extra cash I guarantee you I would go out and buy a house now.

Tax cuts are fair where the stimulus isn't because I get more back at the end of the week because I make more due to credentials or qualifications that got me the higher paying job.
I've yet to see any solid #'s on how much we will likely see. Most of the estimates that I've heard on the news place it a lot under the $186. One estimate was placing it around $20-30 per check. I seriously doubt the government is going to give you close to $10k.

I just don't think this stimulus package is going to help for very long if offer any help at all. I just don't see how our government thinks that everything can be solved by throw huge sums of money at it and hoping for the best.
The only thing I see being accomplished is getting us further into debt that will have to payed back. It's almost like family filing for bankruptcy but decides to take out a huge loan instead?? It's seems that it just putting our problems off to a later time.

I guess only time will tell but i sure don't have my hopes up. Seems that the government is getting in the habit of going against the voices of the population with all of the spending/bailouts going on anyway.
 
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Old Feb 7, 2009 | 03:49 PM
  #25  
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Originally Posted by Frank S
Getting out of Iraq is one thing, getting into Afghanistan is another. Obama will keep us in the middle east. It matters not who is President. The U.S. military is the official police force of the world. He is doubling the troops in Afghanistan and there will be more added in the coming months and years.
The difference is we actually SHOULD be in Afghanistan. Remember Osama Bin Laden? The guy that actually Plotted 9/11. The Taliban? Al Quada?

These are the REAL Bad guys. We took the eye of the ball when we went into Iraq and didn't finish the REAL Job.

We actually have a Reason to be in Afghanistan, unlike Iraq...


 
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Old Feb 8, 2009 | 10:53 AM
  #26  
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Originally Posted by bhibbs
the difference is we actually should be in afghanistan. Remember osama bin laden? The guy that actually plotted 9/11. The taliban? Al quada?

These are the real bad guys. We took the eye of the ball when we went into iraq and didn't finish the real job.

We actually have a reason to be in afghanistan, unlike iraq...


b.s.
 
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Old Feb 8, 2009 | 01:01 PM
  #27  
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The difference is we actually SHOULD be in Afghanistan
So you're saying we should use taxpayer dollars to build and provide security for a pipeline for Big Oil?

Afghanistan is a lost cause. Ask the Russians.
 
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Old Feb 8, 2009 | 02:41 PM
  #28  
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Originally Posted by Frank S
So you're saying we should use taxpayer dollars to build and provide security for a pipeline for Big Oil?

Afghanistan is a lost cause. Ask the Russians.
Are you saying Bush went to Afghanistan for a pipeline?

Hibbs is right. The Afghan government at the time, with Bin Laden attacked us. That is the fight. On top of that, the only reason the taliban came to be was to fill the void we left there in 1991, we need to rectify that.
 
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Old Feb 8, 2009 | 03:28 PM
  #29  
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Big oil is one of the reasons. They're killing 2 birds with one stone. You know me, I dont blindly follow any politician. I'm an equal opportunity dissenter.
 
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Old Feb 8, 2009 | 04:04 PM
  #30  
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Originally Posted by BHibbs
I pay Thousands of dollars a year in Federal Taxes. With this plan I'll be getting some back on my Pay check. I'm Paying LESS Taxes. That's a tax Cut.

The Budget Deficit, Now that's Another conversation... (but getting out of Iraq will save us Billions alone..)






Iraq war and the war on terror that is bankrupting us.

I now find that to be RIDICULOUS.



I hope the following 14 reasons are forwarded over and over again

Until they are read so many times that the reader gets sick of reading them.

I also have included the URL's for verification of all the following facts.




1. $11 Billion to $22 billion is spent on welfare to illegal aliens each year by state governments.

Verify at: http://tinyurl.com/zob77




2. $2.2 Billion dollars a year is spent on food assistance programs such as food stamps, WIC, and free school lunches for illegal aliens.

Verify at: http://www.cis.org/articles/2004/fiscalexec.HTML




3. $2.5 Billion dollars a year is spent on Medicaid for illegal aliens.

Verify at: http://www.cis.org/articles/2004/fiscalexec.HTML



4.$12 Billion dollars a year is spent on primary and secondary school education for children here illegally and they cannot speak a word of English!

Verify at: http://transcripts.CNN.com/TRANSCRIP.../01/ldt.0.HTML




5.$17 Billion dollars a year is spent for education for the American-born children of illegal aliens, known as anchor babies.

Verify at http://transcripts.CNN.com/TRANSCRIP...01/ldt.01.HTML




6. $3 Million Dollars a DAY is spent to incarcerate illegal aliens.

Verify at: http://transcripts.CNN.com/TRANSCRIP...01/ldt.01.HTML




7. 30% percent of all Federal Prison inmates are illegal aliens.

Verify at: http://transcripts.CNN.com/TRANSCRIP...01/ldt.01.HTML




8. $90 Billion Dollars a year is spent on illegal aliens for Welfare & social services by the American taxpayers.

Verify at: http://premium.CNN.com/TRANSCIPTS/0610/29/ldt.01.HTML



9. $200 Billion dollars a year in suppressed American wages are caused by the illegal aliens.

Verify at: http://transcripts.CNN.com/TRANSCRIP...01/ldt.01.HTML




10. The illegal aliens in the United States have a crime rate that's two and a half times that of white non-illegal aliens. In particular, their children, are going to make a huge additional crime problem in the US .

Verify at: http://transcripts.CNN.com/TRANSCRIP...12/ldt.01.HTML


11. During the year of 2005 there were 4 to 10 MILLION illegal aliens that crossed our Southern Border also, as many as 19,500 illegal aliens from Terrorist Countries. Millions of pounds

Of drugs, cocaine, meth, heroin and marijuana, crossed into the U. S from the Southern border.

Verify at: Homeland Security Report: http://tinyurl.com/t9sht



12. The National policy Institute, estimated that the total cost of mass deportation

Would be between $206 and $230 billion or an average cost of between

$41 and $46 billion annually over a five year period.'

Verify at: http://www.nationalpolicyinstitute.....eportation.PDF



13. In 2006 illegal aliens sent home $45 BILLION in remittances to their countries of origin.

Verify at: http://www.rense.com/general75/niht.htm




14. 'The Dark Side of Illegal Immigration: Nearly One million sex crimes Committed by Illegal Immigrants In The United States.'

Verify at: www.drdsk.com/articleshtml




The total cost is a whopping $ 338.3 BILLION DOLLARS A YEAR.



Are we THAT stupid?




' I predict future happiness for Americans if they can prevent the government
From wasting the labors of the people under the pretense of taking care of
Them.'

Thomas Jefferson
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We all want progress, but if you're on the wrong road, progress means
Doing an about-turn and walking back to the right road; in that case, the
Man who turns back soonest is the most progressive.

C. S. Lewis
 
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