Unemployment by County - Cool Chart

What exactly are us socialists taxing? :
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Well, from the sound of it, you'r probably in the low end of the tax equation but, if taxes go up, you will be taxed 15% fed next year then it jumps to around 26% if you make over 35k. I will be taxed about 39.9% in theory next year. But I am an LLC and I have pass through favors and can show losses. I will not be taxed at what OBAMA's Generals in Congress would like.

For those who are w2d and 1099 with comission, your screwed if tax rates change.

The SOCIALIST have added 3.9% taxation of anything that goes on a Schedual E. 3.9% taxation of any interest earned thanks to the HEALTH CARE BILL. But the true "Taxation" is the FED GOV....owning Banking, parts of Auto, Student Loan lending, Housing and the list goes on and on. The biggest distribution of Private Industry in the History of America has and continues to happen.

Your correct...REPs passed the TARP act...or Should I say BUSH. Personally, I do not like either side. I am a CAPITALIST and BACK THE CONSTITUTION. I think both parties are worthless in current times.

However, most of America asked for SOCIALISM when they voted for Obama. So, let unemployment stand around 10.% (22% in real numbers) I could give a rats ass. I'm doing fine and I work with Capitalist who expand during downturns...not cut back.

However, I do have feelings for some of those who were caught up in the OBAMANATION of this country. Teenagers, who do not vote, now have the highest unemployment in historical terms.

Hard working Americans, who voted against OBAMA, who struggle to make ends meet. Those who love freedom, capitalism and have been layed off. Those who played by the rules and tryed to build the American dream only to wake up to the current nightmare caused by Freeloading, ignorant, scumbags and their political elite.

FREELOADERS, like most of you who Voted for OBAMA , are scumbags. Those who champion Taxation for redistrubtion of wealth. Scumbags. You'r like a cancer that slowly eats away at a healthy and strong body. ALL you OBAMA supports are like a virus, like the plague who decend upon the freedoms and ideas of capitalism and democracy. Your Robbin Hood like ideas will be the end of your very own existance.

History has shown that SOCIALISM ends up controlling those who championed the idea. Just ask any Gay, minority, women, kid, man of the USSR, Nazi Germany, CUBA, etc. The very leaders you elect will turn on you, kill you, control you and destroy you, push you into proverty, and take away any possible chance to ever change your economic condition.

I say let them. Such a goverment has permission to suck your soul dry as you yield your natural rights, freedoms, religions, industry, healthcare and lives over to your new GOD, MASTER, LEADER ....MAN.


To bad John Gault wasnt' real but then again, like ATLAS I now shrugg. And like Rearden I know I will survive far above average...and elsewhere if needed.
 
Quote from trefoil:

1 - Cap and trade didn't pass.
2 - Expiration of the Bush tax cuts was known ten years ago, when it was passed. Obama was elected in Nov of 2008, amidst the worst financial crisis since the Great Depression. If you didn't know it was coming ten years ago, you should surely have known it at that time.
And if you haven't got the message and planned for it by now, well, something is wrong with you or your tax accountant.
Also, this actually hasn't happened yet. So, no one is, as of right now, paying one single dime more in Federal tax. My point stands: I'm not paying anything more for anything other than my property tax.
3 - Obamacare, as you style it, must have very hidden taxes indeed, because no one I know is paying one thin dime more for anything, including their health insurance, because of it.

None of this is even remotely extraordinary. Marginal tax rates were 90% under Eisenhower. If the Bush tax cuts expire completely, the top rate will amount to all of 39.8%, and that only for the very very top of the ladder.
If you have >250k in taxable income, not gross income, taxable income, then you have quite a bit more than that in gross income. Which means you can afford someone who can minimize that tax burden in all kinds of ways. Taking just one example, the SEP-IRA would allow you to sequester around 50k of that income from taxes.
So, you're not talking about a typical small business owner, such as the guy who cuts your hair or your lawn, or the guy who owns the diner or the dry cleaner or the candy store or the liquor store (well, maybe the liquor store) or maybe even your local dentist or doctor, depending on where you live. You are talking about the guy who owns the Mcdonald's franchise, probably, but if he's reporting 250k, it's because he's making 500k. So what looks like a 39.8% rate is really half that. And he ain't hiring one less burger flipper because the Bush tax cuts are expiring and he might have to pay, amortized to that burger flipper, 50 bucks more in Federal tax. Not when his local property tax went up by well more than that because of the big drop in real estate values in the town that franchise operates in.
In real life, this stuff makes for good political theater, but it has zip to do with anyone's decision to do or not do something.
Have you looked at the Russell 2000? Are you aware it's beating the pants off the SP500? If uncertainty were really causing all that much economic damage, why would the Russell 2000 be doing so well?

My health insurance premiums are going up by more than 26% next month.
 
It accelerates at and after the last elections... I'm thinking, have since the inception, that the bailouts are killing the economy... what else can they do? People look out at the future taxes and they have to make adjustments...
 
Quote from jem:

This was an edit but I clicked on new post by mistake.

You want a bright future... go to a 11% flat tax. Obama would go from the most hated to the most admired president in history.


11% flat tax for minimum wage workers too? May be there shouldn't be any tax at all below the poverty line. In fact, I don't think there should be any tax before the income is at least 2x the poverty level.
 
Quote from hippie:

11% flat tax for minimum wage workers too? May be there shouldn't be any tax at all below the poverty line. In fact, I don't think there should be any tax before the income is at least 2x the poverty level.

When the government keeps doing things that help the poor, the poor have less desire to work, and when nobody works, nothing works.
 
Quote from ptrjon:

When the government keeps doing things that help the poor, the poor have less desire to work, and when nobody works, nothing works.

It's always good to keep this in mind.
 
Quote from trefoil:

1 - Cap and trade didn't pass.
2 - Expiration of the Bush tax cuts was known ten years ago, when it was passed. Obama was elected in Nov of 2008, amidst the worst financial crisis since the Great Depression. If you didn't know it was coming ten years ago, you should surely have known it at that time.
And if you haven't got the message and planned for it by now, well, something is wrong with you or your tax accountant.
Also, this actually hasn't happened yet. So, no one is, as of right now, paying one single dime more in Federal tax. My point stands: I'm not paying anything more for anything other than my property tax.
3 - Obamacare, as you style it, must have very hidden taxes indeed, because no one I know is paying one thin dime more for anything, including their health insurance, because of it.

None of this is even remotely extraordinary. Marginal tax rates were 90% under Eisenhower. If the Bush tax cuts expire completely, the top rate will amount to all of 39.8%, and that only for the very very top of the ladder.
If you have >250k in taxable income, not gross income, taxable income, then you have quite a bit more than that in gross income. Which means you can afford someone who can minimize that tax burden in all kinds of ways. Taking just one example, the SEP-IRA would allow you to sequester around 50k of that income from taxes.
So, you're not talking about a typical small business owner, such as the guy who cuts your hair or your lawn, or the guy who owns the diner or the dry cleaner or the candy store or the liquor store (well, maybe the liquor store) or maybe even your local dentist or doctor, depending on where you live. You are talking about the guy who owns the Mcdonald's franchise, probably, but if he's reporting 250k, it's because he's making 500k. So what looks like a 39.8% rate is really half that. And he ain't hiring one less burger flipper because the Bush tax cuts are expiring and he might have to pay, amortized to that burger flipper, 50 bucks more in Federal tax. Not when his local property tax went up by well more than that because of the big drop in real estate values in the town that franchise operates in.
In real life, this stuff makes for good political theater, but it has zip to do with anyone's decision to do or not do something.
Have you looked at the Russell 2000? Are you aware it's beating the pants off the SP500? If uncertainty were really causing all that much economic damage, why would the Russell 2000 be doing so well?

cap and trade is threatened more taxes are talked about obamacare is a financial disaster before it begins. It is the fear of a tax and shit future that is causing the lack of investment.

Like I asked - would you want to invest with those programs hanging over the economy? You would have to have a really strong product to overlook that impending doom.

You want to change the future... go to the 10% flat tax.
 
Quote from Moneyball:

My health insurance premiums are going up by more than 26% next month.

I don't think that has as much to do with Obamacare as there are too many fat fucks in this country being subsidized by too few healthy people. Health insurance premiums have gone up EVERY year since I entered the work force.

So I'd blame the nasty fatty pounding doughnuts down more than Obamacare.
 
Quote from huh:

I don't think that has as much to do with Obamacare as there are too many fat fucks in this country being subsidized by too few healthy people. Health insurance premiums have gone up EVERY year since I entered the work force.

So I'd blame the nasty fatty pounding doughnuts down more than Obamacare.

That reminded me of a recent story of the increasing obesity in the U.S.

http://calorielab.com/news/2010/06/28/fattest-states-2010/

If it keeps increasing, the health care costs are going to follow as more and more people suffer the effects of being overweight.
 
Quote from MarketMasher:

That reminded me of a recent story of the increasing obesity in the U.S.

http://calorielab.com/news/2010/06/28/fattest-states-2010/

If it keeps increasing, the health care costs are going to follow as more and more people suffer the effects of being overweight.

Yup this is the REAL health care issue but all the fat fucks that overrun this country wanna blame illegals, Obama, Mcdonalds, blah, blah, blah. I'm very confident if the fat fucks disappeared my health care premiums would be a lot lower than if the illegals went back to mexico, or McCain was president. But no all we have to listen to is fat fucks bitching about rising cost of health care (even though the fat fucks are responsible for a significant amount of the increase), and even worse is OLD fat fucks who are bankrupting medicare and social security and their solution is cut taxes!!

How about eating a normal size meal and taking care of your health and get rid of the ponzi scheme that is social security and save for your own retirement. But that ain't gonna happen because the fat fuck boomer generation that owns the gov are more than happy to sell my generation and my children's generation to financial slavery so they can eat krispie cream all day and live on my dime. Nothing dumber than an Old fat fuck bitching about healthcare costs and socialism while happily having his 5th heartattack paid for by the healthy and cashing in his social security check that was stolen from the youth.
 
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