RunRyder RC
WATCH
 2 pages [ <<    <    ( 1 )     2     NEXT    >> ] 1007 views POST REPLY
HomeOff Topics News & Politics › The obama $250,000 mark
12-08-2012 04:53 PM  5 years agoPost 1
nitro fun

rrApprentice

Oc ca

My Posts: All  Forum  Topic

Why is that obama has personaly decided that, and was questioned where the money amount line is for who the rich are ?

I never in my life thought $250,000 is a rich man.

With obama tax hike, and california tax hike.
Everyone here making 250,000 will pay 53%
So you end up with arround 120,00

My point is when you start making in the range of 250,000 for any small business, that is a starting point of prosparity. Where you can grow.

Why has obama personaly attack where prosparity starts at that figure?

PM  EMAIL  GALLERY  Attn:RR  Quote
12-08-2012 05:50 PM  5 years agoPost 2
johnmemphis

rrNovice

memphis,tn

My Posts: All  Forum  Topic

more poor, more votes

more rich, less votes

PM  EMAIL  Attn:RR  Quote
12-08-2012 06:01 PM  5 years agoPost 3
GREYEAGLE

rrElite Veteran

Flat Land's

My Posts: All  Forum  Topic

Kinda a example from the business side - lost a NEW Franchise restaurant
Restaurant pulled up stake's after minimum time in service: 2 Year's

It was a very good place to eat - Full Menu -Great Family Style Meal's

When the Media asked him Why ???
Great Location we need it - the meal's are great, service is great - business is good !

His response was :
Without any operational over head cost's & labor or material purchases:

My total Taxes are $44,000.00 per year !!!!!

Do you know how many Pan Cake's I have to sell to make that ????

Modern Building : Virtually new

greyeagle

PM  EMAIL  GALLERY  Attn:RR  Quote
12-08-2012 06:16 PM  5 years agoPost 4
Dennis (RIP)

rrApprentice

Oregon

My Posts: All  Forum  Topic

more poor, more votes

more rich, less votes
Bottom line,

That says it all for the dem party.

PM  EMAIL  GALLERY  Attn:RR  Quote
12-08-2012 10:39 PM  5 years agoPost 5
Rudy

rrVeteran

Houston TX/Bend OR

My Posts: All  Forum  Topic

That 250k number is only if you are married. If you are single the number drops lower. Somewhere between 175 and 200k.

Now you're asking ME to pay more in taxs and I say hell no.

Rudy Ackerman Houston TX/Bend OR

PM  EMAIL  GALLERY  Attn:RR  Quote
12-10-2012 04:30 AM  5 years agoPost 6
fla heli boy

rrElite Veteran

cape coral, florida

My Posts: All  Forum  Topic

funny thing is, remember when he said while campaigning he was OK with raising that to 1 mil per year??? Now it's right back to the old number......which just so happens to be JUST high enough that all congress and senate members will slide under the bar. I say you let them all expire and see how people REALLY FEEL about it. Why he decides to just pick out a certain group is pretty sickening. Extend for all or extend for none, if you really want to get serious about raising some revenue AND being truly fair. Get really serious and have a flat rate right across the board.

PM  EMAIL  GALLERY  Attn:RR  Quote
12-10-2012 06:46 AM  5 years agoPost 7
es1co2bar3

rrKey Veteran

winnetka california

My Posts: All  Forum  Topic

Let the trickle down effect beging, guys if you arent making enoughs
then you dont have to worry.....it's part of the American dream,
to help those who cant help them self.Maybe obama is right after all
bring everyone into the 250k range,' if you want a tax brake.
If you want to baby sit the rest of the country then you can exceeds
that amount,.

I was waiting on some honey but there aren't no Queen bee,

PM  EMAIL  GALLERY  Attn:RR  Quote
12-10-2012 07:28 AM  5 years agoPost 8
Phaedrus

rrKey Veteran

S. Orange County, California

My Posts: All  Forum  Topic

With obama tax hike, and california tax hike.
Everyone here making 250,000 will pay 53%
So you end up with arround 120,00
Well, not really. The study that the 53% number came from came to that number as a total aggregate of ALL taxes that might be expected. So in addition to federal and state income tax they included property tax, sales tax, and every other tax or fee they could think of.
Gerald Prante, an economics professor at Lynchburg College in Virginia, and Austin John, a Lynchburg economics student, calculated marginal tax rates -- the highest rates on the highest levels of income -- for all 50 states. They combined state, federal and, where applicable, local income taxes, plus payroll taxes for Social Security and Medicare and included the deductibility of some taxes.

Read more here: http://blogs.sacbee.com/capitolaler...l#storylink=cpy
The $250,000 mark is the point at which a higher MARGINAL tax rate will kick in.

Here are a few articles worth a look at before going into a panic about higher marginal tax rates on income above $250,00:

http://www.getrichslowly.org/blog/2...tax-rates-work/

http://www.cbpp.org/cms/index.cfm?fa=view&id=3806

AMA Leader Member
Go FASST, or Go Home!!
Team Futaba

PM  EMAIL  GALLERY  Attn:RR  Quote
12-10-2012 07:47 AM  5 years agoPost 9
Dennis (RIP)

rrApprentice

Oregon

My Posts: All  Forum  Topic

I predict unemployment to get close to 10% by the end of 2013.

And those 24 million that are unemployed now will still be unemployed.

I do hope the obummer voters are thrilled with the misery.

PM  EMAIL  GALLERY  Attn:RR  Quote
12-10-2012 08:11 AM  5 years agoPost 10
nitro fun

rrApprentice

Oc ca

My Posts: All  Forum  Topic

Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery.
Winston Churchill

PM  EMAIL  GALLERY  Attn:RR  Quote
12-10-2012 12:32 PM  5 years agoPost 11
baby uh1

rrVeteran

St. James, Mo.

My Posts: All  Forum  Topic

Well, not really. The study that the 53% number came from came to that number as a total aggregate of ALL taxes that might be expected. So in addition to federal and state income tax they included property tax, sales tax, and every other tax or fee they could think of.
And you are OK with paying out over half of your earnings to taxes?
You really don't own your own life anymore in those circumstances.

PM  EMAIL  GALLERY  Attn:RR  Quote
12-10-2012 12:40 PM  5 years agoPost 12
PBusch

rrKey Veteran

Minnesota

My Posts: All  Forum  Topic

..it's part of the American dream,
to help those who cant help them self.
Change the word "cant" to "WON'T" help themselves. Your not fooling me, problem is you ARE fooling at least 51% of the population.

Fricking useless deadbeats, I hate em.

PM  EMAIL  Attn:RR  Quote
12-10-2012 02:12 PM  5 years agoPost 13
rcmiket

rrVeteran

El Paso,Texas

My Posts: All  Forum  Topic

Well, not really. The study that the 53% number came from came to that number as a total aggregate of ALL taxes that might be expected. So in addition to federal and state income tax they included property tax, sales tax, and every other tax or fee they could think of.
Are you even in that tax bracket? It's easy to be OK with paying over 50% when it's not your money.

Mike

"When Inverted down is up and up is expensive"

PM  EMAIL  GALLERY  Attn:RR  Quote
12-10-2012 02:18 PM  5 years agoPost 14
es1co2bar3

rrKey Veteran

winnetka california

My Posts: All  Forum  Topic

Man you need to chill , do you honestly think folks
Just want to laid back for a living , and let someone pay
Their way troughs life ?. Only the mean racist uptight
Repelican think that democrat want to be on the
Government T I T I ,'

I was waiting on some honey but there aren't no Queen bee,

PM  EMAIL  GALLERY  Attn:RR  Quote
12-10-2012 02:26 PM  5 years agoPost 15
fla heli boy

rrElite Veteran

cape coral, florida

My Posts: All  Forum  Topic

ummm, but they do. Wanna see somebody stammer around??? Offer your typical Obama voting deadbeat welfare leach a job.

PM  EMAIL  GALLERY  Attn:RR  Quote
12-10-2012 02:30 PM  5 years agoPost 16
rcmiket

rrVeteran

El Paso,Texas

My Posts: All  Forum  Topic

Man you need to chill , do you honestly think folks
Just want to laid back for a living , and let someone pay
Their way troughs life ?.
Your kidding right? Yes I do honestly think some folks just want a free ride at our (the tax payers) expense. It's happening now.

Mike

"When Inverted down is up and up is expensive"

PM  EMAIL  GALLERY  Attn:RR  Quote
12-10-2012 02:35 PM  5 years agoPost 17
fla heli boy

rrElite Veteran

cape coral, florida

My Posts: All  Forum  Topic

generations deep welfare grubbers. Tons of kids being raised by grandparents because the parents are out spending their welfare money on drugs.

PM  EMAIL  GALLERY  Attn:RR  Quote
12-10-2012 02:51 PM  5 years agoPost 18
PBusch

rrKey Veteran

Minnesota

My Posts: All  Forum  Topic

do you honestly think folks
Just want to laid back for a living , and let someone pay
Their way troughs life ?
Yes, I do

PM  EMAIL  Attn:RR  Quote
12-10-2012 03:07 PM  5 years agoPost 19
Phaedrus

rrKey Veteran

S. Orange County, California

My Posts: All  Forum  Topic

Are you even in that tax bracket? It's easy to be OK with paying over 50% when it's not your money.
Mike
Yes, as a matter of fact I am. And I've already researched this with my accountant, and my estimated tax burden will be nowhere close to that percentage.

Let me ask you, are you in this bracket and if not why do you care??

What part of "marginal rate" do you guys not understand?? You only pay the marginal rate on income ABOVE that point, NOT on ALL income. And it is based on your adjusted gros income (AGI).

Here are some facts. In California a joint filing status return of up to $500,000 Adjusted Gross Income will see NO CHANGE.

From $500K to $600K the increase is MARGINAL rate is 1%.

http://vig.cdn.sos.ca.gov/2012/gene...mm-analysis.pdf

So say your AGI is $300,000K, in California your state tax will not increase. Your federal rate on that $50,000 above $250K will go from 33% to 36%, or about another $1,500 in taxes.

So this idea that you will be paying 53% in income, or even total, taxes is simply misleading.

AMA Leader Member
Go FASST, or Go Home!!
Team Futaba

PM  EMAIL  GALLERY  Attn:RR  Quote
12-10-2012 03:08 PM  5 years agoPost 20
irocu88

rrApprentice

norfolk,va

My Posts: All  Forum  Topic

do you honestly think folks Just want to laid back for a living , and let someone pay Their way troughs life
Without a doubt the answer is YES..how do you think obama got re elected?, it sure was not on his job performance.

Caliber 90 FT os91 c-spec
Caliber 50, OS50 hyper
Caliber 30 OS37

PM  EMAIL  GALLERY  Attn:RR  Quote
WATCH
 2 pages [ <<    <    ( 1 )     2     NEXT    >> ] 1007 views POST REPLY
HomeOff Topics News & Politics › The obama $250,000 mark
 Print TOPIC  Make Suggestion 

 5  Topic Subscribe

Friday, September 21 - 4:43 pm - Copyright © 2000-2018 RunRyder   EMAILEnable Cookies

The RC discussion world needs to consolidate. RR is now one choice for that. Its software is cutting edge. It hosts on-topic advertising. Help RR increase traffic buy making suggestions, posting in RR's new areas (sites) and by spreading the word.

The RunRyder Difference

• Category system to allow Rep/Vendor postings.
• Classifieds with sold (hidden) category.
• Classifieds with separate view new.
• Answer PMs offsite via email reply.
• Member gallery photos with advanced scripting.
• Gallery photo viewer integrated into postings.
• Highly refined search with advanced back end.
• Hosts its own high end fast response servers.
• Hosts thousands of HD event coverage videos.
• Rewrote entire code base with latest technology.
• No off-topic (annoying) click bait advertising.
Login Here
 New Subscriptions 
 Buddies Online