|
|
Post by keithf on Oct 3, 2012 4:45:26 GMT -5
www.dailyfinance.com/2012/10/01/how-looming-tax-hikes-would-hit-typical-families/-A married couple with two children and an income of $100,000 would pay $7,935 in income taxes and $5,650 in payroll taxes this year, for a total federal tax burden of $13,585. Next year, they would face income taxes of $11,919 and payroll taxes of $7,650, for a total federal tax burden of $19,569, a total tax increase of $5,984. -A married couple with no children that makes $60,000 (each spouse earns $30,000) would pay $5,105 in federal income tax for 2011. Their income taxes would rise to $6,308 next year and their payroll taxes would rise from $3,390 in 2011 to $4,590 in 2012.
|
|
|
|
Post by cal50 on Oct 3, 2012 16:31:27 GMT -5
A key word liberals can not stand~ Bush tax cut's.
So much for the democrats cry of tax cuts for the rich.
|
|
|
|
Post by bo862 on Oct 3, 2012 18:07:38 GMT -5
Cal, you may want to edit your post you seem to have your parties mixed up. Republicans are the ones pushing for this to happen unless the rich are included in extending bushs tax cuts.
Imagine that, republicans willing to toss the average person under the bus so their biggest donors can keep the equivalent of pennies.
If our fearless leaders have half a brain they will let these slowly increase over a few years until they return to the clinton era rates.
|
|
|
|
Post by cal50 on Oct 3, 2012 18:23:23 GMT -5
Cal, you may want to edit your post you seem to have your parties mixed up. Republicans are the ones pushing for this to happen unless the rich are included in extending bushs tax cuts. Imagine that, republicans willing to toss the average person under the bus so their biggest donors can keep the equivalent of pennies. If our fearless leaders have half a brain they will let these slowly increase over a few years until they return to the clinton era rates. Where or where did the tax cuts originate from?  ? Obama carried over who's tax cuts ? Tax cuts across the board for everyone that actually pays taxes I do not have a problem with. The door knob democrats like to say "tax cuts for the rich" but in the context of this discussion the tax cuts impact the little guy as well. Nice attempt to change the narrative but extending the Bush tax cuts for people that pay taxes, working or wealthy should happen. That is inversely offset by your fearless inept leader adding 5 trillion to the debt in one term. If Obama want a spot in history he has the biggest spender spot anchored well. www.forbes.com/sites/peterferrara/2012/06/14/president-obama-the-biggest-government-spender-in-world-history/ |
|
|
|
Post by marcus on Oct 4, 2012 6:56:06 GMT -5
All Obama has to do is give everyone a tax cut not just one class
|
|
|
|
Post by cal50 on Oct 4, 2012 22:49:24 GMT -5
|
|
?