Obama to target tax fairness in speech

[Tom B]

Quote from cgroupman:

I pay max, and add State, well, it's about that.

Sucks, but as I said, I don't slight Romney for his income or tax table.


c

Romney's effective tax rate of 13.9% is only for federal income taxes. In order to start paying incrementally at the highest rate (35%), your income would have to exceed about $374,000. So you would pay the highest rate on $374,001 and above. In order for you to pay an effective income tax rate close to 35%, you would need to earn well over $ 1 million in ordinary income.

 

[Lucrum]

Quote from cgroupman:

A bit tired of hearing how 40+ percent pay no taxes, as if it is their personal choice.

I suppose that is true for some.

Look, there are a lot of people who, for many reasons, just don't either have jobs, or don't make enough money to pay taxes...

As far as I'm concerned anyone making any amount of money should be paying some income tax.

 

[Ricter]

Quote from Lucrum:

Oh goody goody, some more class warfare.

Good.

 

[Max E.]

Bingo!!! Thats why I was wondering where the fuck he was getting his numbers from.

Quote from Tom B:

Romney's effective tax rate of 13.9% is only for federal income taxes. In order to start paying incrementally at the highest rate (35%), your income would have to exceed about $374,000. So you would pay the highest rate on $374,001 and above. In order for you to pay an effective income tax rate close to 35%, you would need to earn well over $ 1 million in ordinary income.

 

[Max E.]

Quote from Ricter:

Good.

Please answer this question Ricter.

My question to all the people who want to soak the rich is this:

How would your life be better if someone else who earned more money than you had to pay an extra 5% more in taxes? How is someone elses income tax rate holding you back?

 

[Ricter]

Quote from Mercor:

You could get strong conservative support to fix this problem with the Secretory.
Its very obvious that the Secretary's taxes are to high.

Obama never defines Fair. Fair to him is always more.
If the top 50% earners pay 100% of the federal taxes is that fair, or should it be the top 25% pay all the tax...etc.

It's not defined yet because it's arbitrary, we have to debate what's fair.

So, to start the discussion. ; )

100% over $1,000,000.00 per year. If a guy can't "get out of bed" in the morning because he can't make more than this, then I'll buy him a one-way ticket to Russia. He can take his money too, we'll print a new dollar for every one he takes.

100% inheritance tax. This country should be a MERITOCRACY. If you're wealthy, your kids already have headstart enough. Don't like it? One-way ticket to Russia. Kids too.

 

[Lucrum]

Quote from Ricter:

... This country should be a MERITOCRACY....

According to who?

 

[Max E.]

How would your life be better if someone else who earned more money than you had to pay an extra 5% more in taxes? How is someone elses income tax rate holding you back, and inhibiting your success?

Quote from Ricter:

It's not defined yet because it's arbitrary, we have to debate what's fair.

So, to start the discussion. ; )

100% over $1,000,000.00 per year. If a guy can't "get out of bed" in the morning because he can't make more than this, then I'll buy him a one-way ticket to Russia. He can take his money too, we'll print a new dollar for every one he takes.

100% inheritance tax. This country should be a MERITOCRACY. If you're wealthy, your kids already have headstart enough. Don't like it? One-way ticket to Russia. Kids too.

 

[Navin Johnson]

Quote from Ricter:

It's not defined yet because it's arbitrary, we have to debate what's fair.

So, to start the discussion. ; )

100% over $1,000,000.00 per year. If a guy can't "get out of bed" in the morning because he can't make more than this, then I'll buy him a one-way ticket to Russia. He can take his money too, we'll print a new dollar for every one he takes.

100% inheritance tax. This country should be a MERITOCRACY. If you're wealthy, your kids already have headstart enough. Don't like it? One-way ticket to Russia. Kids too.

This is an interesting perspective coming from some one who pays no US federal income taxes, and lives outside of the US.

 

[Wallet]

Quote from seneca_roman:

The SOTU is serious and with that in mind , I suggest watching it following these drinking game rules:

Obama mentions the 8.5% unemployment rate:
--Drink 8.5% of a bottle of Jack Daniels (no more, you're probably unemployed and Jack ain't cheap).

Obama mentions "Wall Street" or the 1%:
--Pour yourself a glass of 50-year old single malt scotch, throw the glass out, then pour another glass. You have plenty.

Boehner scowls, shakes head and/or cries:
--Do a shot of orange liqueur.

Only Republicans applaud Obama must have tripped or something. Consolation shot for Barry

Only Democrats applaud Have a glass of water. This will happen a lot and you need to hydrate.

Camera pans to Michelle Obama Drink, but then eat something organic

Obama mentions "Occupy" or the 99% Do one shot and tweet something @ellenbarkin

Obama mentions "Wall Street" or the 1% Pour yourself a glass of 50-year old single malt scotch, throw the glass out, then pour another glass. You have plenty

Obama harkens back to a folksy, all-american life experience Swallow a Big Mac whole, do a shot of ketchup

Twitter is mentioned Do a spit-take on your keyboard, iPad, iPhone or whatever you're live tweeting the speech from
Joe Biden, John Boehner exchange glances Take one shot, make a sassy cat sound

Joe Biden, John Boehner start fist-pumping Stop. You accidentally changed the channel to "Jersey Shore"

Obama thanks technology industry Do shot, write rage comic about doing shot, post on Reddit

Obama addresses Afghanistan Drink for 10 years and 109 days

Camera pans to Warren Buffett's secretary sitting next to first lady Take a shot of vodka while filling out a W-4 tax form

Obama addresses Iran's nuclear threat Take away someone else's beer and, while sipping your own, angrily explain why they can't have it

Mitch Daniels begins Republican response Scream, "You're no JACK, Daniels!" at TV, finish bottle, wake up with hangover that temporarily makes you forget how much more you pay in taxes than everyone you saw during the speech

Enjoy!
Seneca

ps-taken from various sites that I can't remember as I got an early start.

ROLF! Too Funny