Budget talks: This is getting nasty

So people want to raise taxes on the rich, but they won't vote for people who want to raise taxes on the rich.

OK, I get it. Yep, the GOP will win in a cake walk with that kind of thinking.

 

But Obama considers you a "millionaire or billionaire." He always does that, uses the $250,000 number, then talks about how the millionaires and billionaires can pay their "fair share." Dude must think everyone is stupid.

As for the Dow, yes, it took a plunge because of the situation with Italy. Think what it will do when the next domino (Spain) topples. Then England, Germany, Switzerland, France and so on. Glen Beck hit this nail right on the head and predicted this with 100 percent accuracy. But he's a "mouth-breathing racist" or something like that. He pointed out Obama is not doing anything to stop this...but there really wasn't much he could do except stop spending. And that will never happen. We are in for a long, painful road.

 

I don't watch his show but apparently Beck is a child rapist too according to somebody who posted on the Warren Jeffs thread.

 

This irks me. What planet are you living on that makes you think earning $250K a year doesn't qualify as rich? No, it doesn't necessarily make you a millionaire, but it's still rich. Struggling to pay for a vacation home because of taxes isn't the same as struggling to pay rent because of them.

Yes, Beck's a genius, the answer for a dying economy is to starve it.

 

You realize people who make $250,000 per year, haven't been making that much since birth, right.

If you're a doctor, went to school for years, racked up six figures in debt, made it through your inernship & residency, and are finally making $250,00, you probably don't have a vacation home.

You're probably paying of your school loans, your mortgage, and trying to find some time to spend with your spouse & kid(s).

But, you're ready to tax him/her and other high achievers like them to subsidize people who haven't acheived as much.

How is that fair?

 

I'm not clear: Obama is now supposed to fix the struggling European economies in addition to ours?

 

What your past and future bills are should have no bearing on what your tax rate is. No one takes that into account when I'm paying at my tax rate so it shouldn't enter into the equation on anyone else's either.

 

If you make $250,000 a year and you don't have a net worth of a million dollars, you must either be recently at that level, or stupid.

 

Of the 100 people polled 81 had incomes under $100,000. 13 had incomes over $100,000 and 6 declined to provide.

The majority of "the super majority" were not even close to making $250,000.

 

I'm just disputing that $250,000 automatically equals rich.

It doesn't -- especially in places like New York, LA, San Francisco, etc.

A lot of people here live in small towns, in low tax states, and don't realize what taxes and the cost of living can do to a salary in some other parts of the country.

 

Again, if you're going to have a federal tax rate, you can't judge each case individually on whether the person decided to have five kids and has to send them all to college, decided to live in a McMansion and has a huge mortgage payment especially because they were stupid enough to take a balloon loan, one of his five kids HAS to have braces, yadda, yadda. If you make this amount of money, this is the tax rate, tough cookies. No one does this kind of "means testing" for those of us not in that bracket.

 

Soooo.. recapping.

Sending your kids to college. Bad.

Paying higher taxes. Good.