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Posted 01 April 2012 - 04:58 AM
Posted 01 April 2012 - 05:23 AM
Posted 01 April 2012 - 05:55 AM
Posted 01 April 2012 - 06:21 AM
Edited by no left angles, 01 April 2012 - 06:21 AM.
Posted 01 April 2012 - 07:02 AM
Posted 01 April 2012 - 07:08 AM
Posted 05 April 2012 - 02:22 PM
Been thinking of doing EXACTLY this - Panama, Ecuador or Belize.
i know this is kinda off topic....but kinda on topic....
we are agreed we do not like the way the governments goin. my question would be....what would happen if a good chunk of the US population would i dunno pull a Pedro and jump the boarder, and denounce citizenship....what then?
Posted 05 April 2012 - 02:27 PM
Posted 05 April 2012 - 08:46 PM
This will NEVER pass...too many in the House of Reps who make a killing off having capital gains....I think it's really idiotic, all it will do is force more money offshore, and less investment here in the US. But then again, look at the source.
Posted 05 April 2012 - 08:56 PM
Posted 05 April 2012 - 09:06 PM
I definitely agree there are far too many loopholes for the ultra rich..my concern is having to pay another 15% on any of my investments...I am by no means wealthy, but I work hard for what I have, and don't feel like giving another 15% to support those who contribute nothing to society. I know many of the folks have been hit hard by the economic downturn, and I am all for helping my fellow American, but there are folks that are 3rd generation welfare recipients that I feel are entitled to nothing. Also, what makes you think that another 15% will make a difference when the government can't even balance our budget responsibly in the first place? Changing the tax code to make it an even playing field, HECK YES...increasing taxes and giving the idiots in DC more $, HECK NO.
Edited by Dogmatic1, 05 April 2012 - 09:14 PM.
Posted 05 April 2012 - 09:17 PM
I absolutely agree with you! I have worked hard all of my life as well. We are the elite group of taxpayers, that have paid too much for too long. What Obama is trying to do is play on the heartstrings of the American middle-class voter. "See, I'm on your side...We are gonna tax the rich". However, how this will play out...the rich will continue to keep their money...hardly paying taxes, if any, at all and those who come into money via investments or start small businesses will get reamed!
The other thing, I think is funny, "the Buffett rule tax". Like Warren Buffett will be affected by this new tax law
Posted 07 April 2012 - 09:41 AM
Posted 07 April 2012 - 12:40 PM
If you make money with money, as some of my super-rich friends do, your percentage may be a bit lower than mine. But if you earn money from a job, your percentage will surely exceed mine — most likely by a lot.
Obama has proposed that people earning at least $1 million annually – whether in salary or investments – should pay at least 30 percent of their income in taxes.
I don't care what you know, until I know you care.
Posted 07 April 2012 - 06:08 PM
Edited by TexasGranny, 07 April 2012 - 06:28 PM.
removed cussing - please do not use foul language in your forum posts
Posted 14 April 2012 - 06:55 PM
Posted 14 April 2012 - 10:13 PM
Posted 15 April 2012 - 05:39 AM
My belief is the argument on this thread is all wrong. The whole idea of the Buffett Tax is a complete misdirection.
The idea of paying more taxes.... for anyone, whether rich, poor, or middle class, is wrong.
More revenue to the government is wrong.
The Federal government does not have a revenue problem, it has a spending problem. Period.
We are currently running a $200 bil./ month deficit. Does the government really think raising taxes is going to fix that?
The whole argument is a sham anyway. All revenue collected from personal income taxes only pays the INTEREST on our national debt. That's it.
So the bottom line is this is really nothing more than class warfare that will fix NOTHING.
Watch this video of Rick Santelli going off on the Buffett Tax.... it's great.
Posted 15 April 2012 - 10:08 AM
IMO, this is a pre-election stunt. It's all fluff...Obama is trying to sympathize with the average middle-class family. He is trying to get them on his side.
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