Mlk day !!!

[pb4ugo]

Originally Posted by starscream

I agree Linc, they should give us the money from the TARP back so we can stimulate the economy ourselves. "No taxation without representation" Ha, Back in the day folks went ape $h!+ over a penny taxe on Tea, it wouldn't suprise me if we start seeing more Tea parts...

pb4ugo, do you do your own taxes? Well, when the day came that I couldn't use an EZ form, I went with a Pro. Our tax code has something like a million lines in it (or maybe it was words, I cant remeber). Anyway, I get it that the bigger the business, the less tax they pay and Thats simply rediculous. Its no wonder that companies like AIG can afford to send their upper Mgt to luxury spa's and vacation.

As for small business taxes, I guess we need to define what a small business is. Obama's plan places small business under $250k. I'm not going to ask what you guys make a year but if you get taxed more in the comming years, I don't have much sympathy cuz if I was making that kind of money, I'd be damn happy.

The fact of the matter is the richest 1% don't seem to pay any taxes. Ask Warren Buffet, I heard him say something like he pays less tax then a school teacher. The last time I checked, school teachers don't make squat so that tells you something.

I think its time we all get our own "Golden Parachute" and get all our tax money back and let the banks fall where they may. Why should we give banks our money just so they can turn around and charge us interest on the money we just gave them for free. We should be charging them interest NOT the other way around. This is absolutely craziness...

I don't make that, but if I did, I wouldn't expect you to have sympathy for me. Your sympathy would lie with the people I'd have to lay off because I couldn't keep them as employees anymore due to Obama's business tax increases.

[starscream]

Originally Posted by pb4ugo

I don't make that, but if I did, I wouldn't expect you to have sympathy for me. Your sympathy would lie with the people I'd have to lay off because I couldn't keep them as employees anymore due to Obama's business tax increases.

You sound like Joe the Plumber. Is that you Joe?

Thats always the line...
I see now, you give your CEO's and upper managment bonuses but when they screw things up there is no accountability. I guess that makes sense, lay off the little guy so you can keep paying management...

The richest 1% made around 8 or 9% of the national income back in the 80's. Now that 1% makes 20% of the income. That increase in income sure didn't come from generating more jobs. It's a fact that trickledown economics does not work.

Companies that make more than $250k won't be laying people off due to tax increases. They will be laying off people because of the fall out of greedy business practices that have gone on for too long now.

It's absolutely crazy that companies get tax breaks for outsourcing jobs to other countries. Just unbelievable... And you wonder why America is in the trouble we're in.

This country rides on the backs of the middle class and at the rate we're going at some point that class won't exist anymore.

[pb4ugo]

Originally Posted by starscream

You sound like Joe the Plumber. Is that you Joe?

Thats always the line...
I see now, you give your CEO's and upper managment bonuses but when they screw things up there is no accountability. I guess that makes sense, lay off the little guy so you can keep paying management...

The richest 1% made around 8 or 9% of the national income back in the 80's. Now that 1% makes 20% of the income. That increase in income sure didn't come from generating more jobs. It's a fact that trickledown economics does not work.

Companies that make more than $250k won't be laying people off due to tax increases. They will be laying off people because of the fall out of greedy business practices that have gone on for too long now.

It's absolutely crazy that companies get tax breaks for outsourcing jobs to other countries. Just unbelievable... And you wonder why America is in the trouble we're in.

This country rides on the backs of the middle class and at the rate we're going at some point that class won't exist anymore.

No, not Joe. Unfortunately, the top percentage will always find the loop holes. More regulation=more loop holes. Especially with Mr. pad his pockets from loop holes himself (Franklin Raines) as Obama's chief financial advisor. That will not change no matter who is at the helm until a more ethical corporate structure makes it's way into existence. It's coming soon, just not yet.

Since that top 1% is of no significance to me, I focus on what is. Obama's tax plan will increase regulation, tax burden, and weight on my back as a middle class American (thanks for the analogy). I'm in a fragile enough position to where any additional load may well break my back. It's O.K. though, he'll give me everything I need after I'm no longer able to provide it for myself.