|
|
| |
Topic: Workers making $30,000 will take a bigger hit on their pay than those earning $500,000 under new fiscal deal |
Workers making $30,000 will take a bigger hit on their pay than those earning $500,000 under new fiscal deal
Daily Mail [UK], by Hayley Peterson
|
|
Original Article
|
|
Posted By:Attercliffe, 1/4/2013 11:30:05 AM
|
| Middle-class workers will take a bigger hit to their income proportionately than those earning between $200,000 and $500,000 under the new fiscal cliff deal, according to the nonpartisan Tax Policy Center. Earners in the latter group will pay an average 1.3 percent more--or an additional $2,711--in taxes this year, while workers making between $30,000 and $200,000 will see their paychecks shrink by as much as 1.7 percent--or up to $1,784 - the D.C.-based think tank reported. Overall, nearly 80 percent of households will pay more money to the federal government as a result
|
Comments: And Republicans will get the blame.
|
Reply 1 - Posted by:
OperaBuff, 1/4/2013 11:34:20 AM (No. 9098381)
Well, isn´t that just ducky.
Too bad Boehner didn´t stick to his promise of a 72-hour publication on all new legislation before voting. This would have been exposed if he had.
But I´m beyond caring anymore.
|
Reply 2 - Posted by:
weirdone, 1/4/2013 11:40:13 AM (No. 9098386)
This has got to be a mistake, I remember Obama saying: “I can make a firm pledge. Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes,” President Obama, September 12, 2008
|
| |
|
Reply 3 - Posted by:
SouthSanAntonio, 1/4/2013 11:40:22 AM (No. 9098387)
Of course Republicans will get the blame. That is normal. Let´s face it, the Demon-RATS will say that it´s the Republicans´ fault. The MSM will declare it to be true. The Republicans will try to make their case, but unless you watch Fox News, or read conservative web sites, you will never hear what the Republicans have to say.
As long as a majority of the people in this country get their ´´news´´ from the MSM, Republicans can scream from the rooftops, but they will never be heard.
But the Republicans have nobody but themselves to blame this time for surrendering like French men facing down a troop of Girl Scouts.
|
Reply 4 - Posted by:
TheMotherCO, 1/4/2013 11:41:37 AM (No. 9098389)
Just talked to my daughter and she said the amount taken from her check was astonishing. Her husband has the same problem with his retirement checks. Don´t blame John, he didn´t do this at all. We need to impeach the lousy stinking president.
|
Reply 5 - Posted by:
Rather Read, 1/4/2013 11:48:41 AM (No. 9098398)
Well that would be me. I haven´t seen my newest check yet. I am afraid to.
|
Reply 6 - Posted by:
Iowadad, 1/4/2013 11:55:00 AM (No. 9098416)
The Bush tax cuts for the vast majority of tax payers are now permanent. They were made permanent by a large bipartisan majority, and promptly signed by Obama. Horray!
The impication is that the federal governmeent can only collect about 19% of the GDP in taxes. Which means we must reduce federal expenditure to about 19% of GDP. This calls for massive (and real) cuts of about $850 billion from the annual federal budget.
Let´s go to work. Right now!
|
Reply 7 - Posted by:
Pam, 1/4/2013 11:55:45 AM (No. 9098418)
Manipulation of stats has become an art form, and nothing else.
|
| |
|
Reply 8 - Posted by:
Country Boy, 1/4/2013 11:58:37 AM (No. 9098423)
When famous bank robber Willie Sutton was asked why he robbed banks, he answered incredulously, "because that´s where the money is"
Dirty little secret of the Dems, all they want to do is raise taxes on the middle class, because that´s where the money is. Raising taxes on the rich is just smokescreen.
|
Reply 9 - Posted by:
nimby, 1/4/2013 12:04:50 PM (No. 9098431)
I am looking at my pay stub and feel cheated of my hard earned money. Pox on all of them
|
Reply 10 - Posted by:
Poca Dot, 1/4/2013 12:09:57 PM (No. 9098436)
I say Good. No free lunch. You want social security, pay up. I would have repealed all the Bush tax cuts and the tax credits -- welfare -- to corporations and individuals.
My paycheck shrank but I shall adjust. What I cannot adjust to so easily is double-digit inflation deteriorating my 401-k.
Think big, conservatives.
|
Reply 11 - Posted by:
Mass Minority, 1/4/2013 12:12:52 PM (No. 9098441)
#4,9 and 10, that huge hole in your paycheck is most likely due to the witholding being calculated using the 2001 tax tables. When that paycheck was processed there was no deal yet so the assumption that the Bush tax rates had been revoked had to be made. Expect your pay to miraculously go up in the next check. This article is propaganda pure and simple. and has absolutely nothing to do with the fiscal cliff fiasco. SS has simply been returned to what it had been for decades
|
Reply 12 - Posted by:
Namma, 1/4/2013 12:14:47 PM (No. 9098443)
blame Republicans...nope,...my answer is You get what you voted for...voted Dem..then this is what you get...
|
| |
|
Reply 13 - Posted by:
whyyeseyec, 1/4/2013 12:19:38 PM (No. 9098450)
Workers earning $30K/yr pay no federal income taxes. They may get money taken out of their checks as the year progresses, but will get all of it back when they file their tax return - and in many cases receive more back than they pay in through federal taxes credits, etc. The fact that we are all returning to 6.2% social security tax rate should bother nobody. Congress - especially the GOP - should never have agreed to lower the rate by 2% in the first place. It was a stupid thing to do at the time. Why didn`t the GOP tell Obama no, if you want to stimulate the economy, lower tax rates!!
How many working people do we have that are making less than the amount which qualifies to pay federal taxes, that are living at home with mommy and daddy, perhaps paying no rent, no food and enjoying a free roof over their heads? Those people may be driving a nice car, cell phone or other toys which they can easily afford on their income but paying no federal taxes? It seems to me they surely should be paying something into the system. Not everyone in the lower tax brackets are struggling to feed a family for 4 or 5.
|
Reply 14 - Posted by:
Eheu Fugaces, 1/4/2013 12:26:37 PM (No. 9098459)
Obama voters ought to be jubilant. This is what they voted for. If they gripe about having a smaller paycheck, tell them their paycheck is actually larger, as Obama promised. The average Obama voter will believe it and then be happy.
(And wait till their Obamacare insurance premiums show up on their paychecks. This will cement their loyalty to the Democrat Party, as they wallow in the joys of collective suffering. Happy Days are Here Again!)
|
Reply 15 - Posted by:
navybrat, 1/4/2013 12:35:28 PM (No. 9098471)
Everyone who has income, no matter the income, should pay some income tax. Obama likes the phrase, everyone should pay their FAIR share. What is fair about paying nothing. I also believe welfare payments should be taxed same as social security is taxed.
|
Reply 16 - Posted by:
kelty, 1/4/2013 12:37:57 PM (No. 9098474)
Like someone making 30K can afford to see it shrink one penny.
|
Reply 17 - Posted by:
Pearson365, 1/4/2013 12:38:36 PM (No. 9098476)
For perspective:
Cost per hour to operate Air Force 1: $180,000.00
Average hourly wage in US: $23.73
Cost to fly Obama to/from/to/from Hawaii: 40 hours x $180,000 = $7,200,000.
Hours Americans have to work to pay for AF1: 303,413
See Drudge for photos of what these 303,413 in hours of work gets for the average hourly worker.
|
| |
|
Reply 18 - Posted by:
PChristopher, 1/4/2013 12:38:47 PM (No. 9098477)
That´s what you get for believing a...
|
Reply 19 - Posted by:
cartcart, 1/4/2013 12:39:22 PM (No. 9098480)
Yet, if a worker makes double that other Worker´s salary, he would pay double the amount in. Those earning $110k plus pay even more! That is matched by the employer. It is life--get used to it.
|
Reply 20 - Posted by:
jasmine, 1/4/2013 12:51:26 PM (No. 9098501)
May the pain be especially acute for workers who cast their votes for big government and BHO.
In their eagerness to help Obama punish "the rich" they managed to stick it to themselves.
|
Reply 21 - Posted by:
curious1, 1/4/2013 12:52:23 PM (No. 9098504)
Fair means every state pays their chunk in like it was before the 16th amendment - how the states collect is up to their citizens. And fair means the governments debt ceiling each year is the amount they took in from the states - with the spending to include debt service. Fair means every law passed by congress applies to them as well - and any penalties are automatically elevated to the death penalty for congress and life for bureaucrats if they break a law they put on us. That´s what ´fair´ means to me.
|
Reply 22 - Posted by:
RedWhiteBlue, 1/4/2013 12:54:24 PM (No. 9098509)
And The Daily Mail writes the truth about this.
|
| |
|
Reply 23 - Posted by:
Blackeagle, 1/4/2013 12:58:01 PM (No. 9098514)
I think that the rise is mostly due to the expiration of the 2% SS ´´tax holiday´´. Neither party had planned to make the holiday into something permanent. So call it a ´tax hike´ if you must but I don´t.
The main folks who got hit were (obviously) those over $450K and also those over $250K regards the hefty Obamacare taxes.
The spending cuts are likely to kick in in the spring. They were merely deferred - not abandoned. Obama and the Dems have little or no leverage on those automatic cuts.
|
Reply 24 - Posted by:
Vaquero45, 1/4/2013 1:02:42 PM (No. 9098521)
GOOD! It´s about time they got some skin in the game. Now, maybe they won´t be so quick to vote for Democraps.
|
Reply 25 - Posted by:
neanderthal, 1/4/2013 1:02:54 PM (No. 9098522)
The Republicans deserve the blame. It was their job to stop this thievery.
|
Reply 26 - Posted by:
Illinois Mom, 1/4/2013 1:18:42 PM (No. 9098537)
Remember a lot of people making $30K are young and may have kids.
If they do, they pay no federal income tax...AND...they will receive checks for thousand of dollars.
My daughter & SIL had $29K adjusted gross income lst year and ONE child..."refund" check $7500.00 This year they have TWO kids.
They an all their friends,love it and that´s why they voted Obama...even though they have watched us lose our stock, savings and house...AND we had to send an additional $2,000 and a penalty because we didn´t have enough witheld from my husbands drastically reduced paycheck.
|
Reply 27 - Posted by:
leftcoastmom, 1/4/2013 1:21:33 PM (No. 9098541)
And here in California, we get to pay even more state taxes because the low information morons wanted to stick it to the rich!!
|
Reply 28 - Posted by:
SouthSanAntonio, 1/4/2013 2:42:31 PM (No. 9098680)
I seriously doubt those making over $500,000 are going to get any type of ´´hit´´ at all.
Rich people aren´t stupid, or they wouldn´t be rich. Defer income, hide income, move income off-shore, and basically every accounting trick known and unknown to man are about to get used.
The government may see a small bump in tax revenues this year. But two years from now, tax revenues will go down substantially -- with all those ´´rich´´ people suddenly looking like they are lower middle class on their tax returns.
But that is logical, and requires that you actually look at history to know exactly what is coming. Logic, and looking at anything with an open mind, are two things that lie-berals are incapable of doing!!!
|
Reply 29 - Posted by:
Penney, 1/4/2013 2:58:36 PM (No. 9098698)
The dem media refuses to pull the 0z curtain back to reveal 0bama´s lies. mmm mmm mmm
dem pols & their media have no shame, ...but NOW they do have your billfold, eh?
|
Reply 30 - Posted by:
Pocket Aces, 1/4/2013 8:27:02 PM (No. 9099222)
Well...... Those low dollar earners are in for another surprise, once ObamaCare fully kicks in.
You see; up until now.... An employee who received compensation in the form of healthcare insurance, dental insurance, disability insurance, vision insurance (etc) , well, the employee was not taxed on this compensation.
Well, once ObamaCare kicks in...... Sad employee WILL be taxed on these insurance related forms of compensation.
F###ing joke of a country we´ve become.
|
Below, you will find ...
Most Recent Articles posted by "Attercliffe"
and
Most Active Articles (last 48 hours)
|
Most Recent Articles posted by "Attercliffe"
|
Would you be caught wearing these? The ´hairy leg´ stockings designed to help women ward off unwanted male attention
|
|
Daily Mail [UK], by Sadie Whitelocks
Original Article
|
|
Posted By: Attercliffe- 6/19/2013 12:08:44 AM
Post Reply
|
|
It might seem like the androgynous fashion trend taken too far, but a Chinese company’s new ‘hairy leg’ hosiery hopes to help women ward off unwanted male attention. A photograph posted to the Shanghai-based website ChinaSMACK shows a model from the waist down wearing the on-trend stockings. A caption below touts them as the perfect ´summertime anti-pervert´ device and ´essential for young girls going out’. It does not state where shoppers can find the garment and internet searches prove fruitless. The image of the tights has triggered hundreds of responses from amused and horrified viewers. ‘Damn, so disgusting!’ commented one.
|
US drops demand Taliban renounce al-Qaeda to allow talks to progress
|
|
Telegraph [UK], by Rob Crilly
Original Article
|
|
Posted By: Attercliffe- 6/18/2013 2:59:24 PM
Post Reply
|
|
The US will engage in its first formal direct talks with the Taliban on Thursday, according to officials, in a milestone on the road to peace after more than a decade of war. The first meeting will take place in Doha, the Qatari capital, after the Taliban opened their first official overseas office and Washington dropped its long-standing demand that the movement renounce ties with al-Qaeda. "The US will have its first formal meeting with the Taliban, and indeed first meeting with the Taliban for several years, in a couple of days in Doha," a senior official with
|
Boeing nets orders for 102 stretch 787s
|
|
Associated Press, by Staff
Original Article
|
|
Posted By: Attercliffe- 6/18/2013 2:42:57 PM
Post Reply
|
|
LE BOURGET, France—Boeing Co. won major orders from five customers for a stretched-out version of its popular 787 Dreamliner jet at the Paris Air Show Tuesday, further evidence of a strengthening market for more expensive long-haul jets. Boeing announced the formal launch of its 787-10 program at the Paris Air Show on Tuesday and says it already has commitments for 102 jets from five customers: Air Lease Corp., Singapore Airlines, United Airlines, International Airlines Group and GE Capital Aviation Services. The new 787-10 lists at $290 million, making the deal worth nearly $30 billion at full price, although customers often
|
Afghans take nationwide security lead from Nato
|
|
BBC News [UK], by Staff
Original Article
|
|
Posted By: Attercliffe- 6/18/2013 2:00:28 PM
Post Reply
|
|
Nato has handed over security for the whole of Afghanistan for the first time since the Taliban were ousted in 2001. At a ceremony in Kabul, President Hamid Karzai said that from Wednesday "our own security and military forces will lead all the security activities". Observers say the best soldiers in the Afghan army are up to the task but there are lingering doubts about some. International troops will remain in Afghanistan until the end of 2014, providing military back-up when needed. The ceremony came shortly after a suicide bomb attack in western Kabul killed three employees of the Afghanistan
|
Hidden camera catches wireless company employees passing out ´Obama phones´ to people who say they´ll SELL them for drugs, shoes, handbags
|
|
Daily Mail [UK], by David Martosko
Original Article
|
|
Posted By: Attercliffe- 6/18/2013 7:53:10 AM
Post Reply
|
|
Undercover video shot in May by a conservative activist shows two corporate distributors of free cell phones handing out the mobile devices to people who have promised to sell them for drug money, to buy shoes and handbags, to pay off their bills, or just for extra spending cash. The ´Obama phone,´ which made its ignominious YouTube debut outside a Cleveland, Ohio presidential campaign event last September, is a project of the Federal Communications Commission´s ´Lifeline´ program, which makes land line and mobile phones available to Americans who meet low-income requirements. Lifeline was a $2.19 billion program in 2012.
|
Most Active Articles (last 48 hours)
|
Edward Snowden Is In The Process Of Destroying Any Support And Sympathy He Has Built Up
|
|
Business Insider, by Brett LoGiurato
Original Article
|
|
Posted By: StormCnter- 6/18/2013 5:34:23 AM
Post Reply
|
|
Amid a steady rise of backlash, Edward Snowden, the 29-year-old former National Security Agency contractor who was the source of a spring of leaks about the agency´s surveillance methods, conducted a live chat on The Guardian´s website Monday morning. Judging from some of the pointed questions he´s been asked and the reaction to newly leaked revelations over the past few days, it´s clear that much of the sympathy and support Snowden had built up for his early exposures is eroding. Many Americans supported his decision to leak information about a pair of National Security Agency surveillance programs, which, he detailed, gathered information
|
Barbara Walters Defends Maher Calling Trig Palin Retarded: ‘I Don´t Think He Intended it to be Mean-Spirited’
|
|
Newsbusters, by John Nolte
Original Article
|
|
Posted By: JoniTx- 6/17/2013 5:19:02 PM
Post Reply
|
|
As NewsBusters reported last week, former Alaska Governor Sarah Palin called out vulgarian comedian Bill Maher for referring to her Down Syndrome son Trig as "retarded." On ABC´s The View Monday, co-host Barbara Walters astonishingly defended Maher saying, "I don´t think he intended it to be mean-spirited" (video follows with transcript and commentary): WHOOPI GOLDBERG: At a recent standup show in Las Vegas, comedian Bill Maher apparently called Sarah Palin’s five-year-old developmentally-challenged son Trig retarded. And Sarah blasted him on Twitter as a bully. Is that, is it, is he a bully? Is he a bad, what is he?
|
Who is he? Obama keeps allies, enemies guessing in second term
|
|
The Hill, by Justin Sink
Original Article
|
|
Posted By: ketchuplover- 6/17/2013 6:31:12 AM
Post Reply
|
|
Five months into his second term, allies and enemies are as confounded as ever about who President Obama really is. Is he the dyed-in-the-wool liberal that his biggest supporters and critics suggest? Or is he a pragmatic, even cynical, politician who cares more for his popularity than taking risks for his ideological goals or living up to his rhetoric? Even in the short period since his reelection, Obama has provided evidence to support conflicting interpretations. His efforts to pass immigration reform, the unsuccessful push for stricter gun controls and tax hikes on high earners buttress the case for Obama-as-ideologue.
|
Jeb Bush labels conservative critics ‘the chirpers’
|
|
Washington Post, by Aaron Blake
Original Article
|
|
Posted By: KarenJ1- 6/17/2013 1:22:30 PM
Post Reply
|
|
Jeb Bush says he’s not worried that his work toward comprehensive immigration reform and his ties to the GOP establishment will alienate conservatives and negatively impact a potential 2016 presidential campaign, referring to critics as “the chirpers.” “If I decide to run for office again, it will be based on what I believe, and it will be based on my record,” the former Florida governor said in an interview with the Christian Broadcasting Network’s David Brody. “And that record was one of solving problems completely from a conservative prospective.” Bush (R) pointed to his conservative
|
Marco Rubio doesn´t know if ´he´s getting played´ by Democrats
|
|
Washington Examiner, by Charlie Spiering
Original Article
|
|
Posted By: Fiesta del sol- 6/17/2013 6:42:44 AM
Post Reply
|
|
Is Marco Rubio, R-Fla., getting played by Sen. Chuck Schumer, D-N.Y.? During his interview with ABC’s Jonathan Karl this morning, Rubio didn’t even seem to understand what that meant. “Are you being played by the Democrats?” asked Karl. “Is Chuck Schumer playing you?” “I don’t — I quite frankly, I don’t even know what that means,” Rubio replied. “Is he using you?” Karl continued. “Is he using you to try to accomplish something that the Democrats want and is not — not a conservative bill?” Rubio responded that immigration reform was a bi-partisan issue that “all Americans
|
Obama: You Can´t Fathom ´Complexities´ of Syria Policy ´If You Haven´t Been in Situation Room´
|
|
Weekly Standard, by Daniel Halper
Original Article
|
|
Posted By: Desert Fox- 6/18/2013 5:30:04 PM
Post Reply
|
|
Charlie Rose last night asked President Obama his new Syria policy. The president first objected to it being called a new policy. "I´m not sure you can characterize this as a new policy. This is consistent with the policy that I´ve had throughout," he said. Obama then explained the goal is regional stability, and especially in Syria. "Really, what we´re trying to do is take sides against extremists of all sorts and in favor of people who are in favor of moderation, tolerance, representative government, and over the long-term, stability and prosperity for the people of Syria," said Obama.
|
The IRS Immigration Fraud Scandal
|
|
American Spectator, by Jeffrey Lord
Original Article
|
|
Posted By: KarenJ1- 6/18/2013 10:37:24 AM
Post Reply
|
|
Marco Rubio. Paul Ryan. The IRS. Illegal immigration. And fraud to the tune of billions.. Now there’s a combustible mix. Let’s start with the IRS, illegal immigration and fraud. We’ll come back in a minute to Senator Rubio and Congressman Ryan. For those who came in late, a year before the IRS scandals burst onto the scene in early May of 2013, an alert investigative reporter for WTHR-Indianapolis (Channel 13), Bob Segall by name, produced a stunning piece of journalism. Segall’s video report is found here and we will quote from his story for the basics.
|
|
|

Home Page | Latest Posts | Links | Must Reads | Update Profile | Register | Rules & FAQs | Search | Post | Contact | RSS | Contribute | Logout | Forgot Password
© 2013 Lucianne.com Media Inc.
~~~c~~~
|