Obama to Tax the Working Poor - Page 14

JEROME DA GNOME · 02-09-2010, 04:19 AM

Obama is not allowing the the Bush tax cuts to expire?

daap-umop-bnp · 02-09-2010, 04:46 AM

He's trying. What's your point?

JEROME DA GNOME · 02-09-2010, 04:53 AM

Quote:

Originally Posted by daap-umop-bnp

He's trying. What's your point?

Then the article would be factual.

TestyCalibrate · 02-09-2010, 05:06 AM

Quote:

Originally Posted by TestyCalibrate

http://www.reuters.com/article/idUSTRE6114QK20100202

Quote:

Originally Posted by reuters

ADVISORY: Backdoor taxes story

Tue Feb 2, 2010 1:35pm EST

The Feb 1 story headlined "Backdoor taxes to hit middle class" is wrong and has been withdrawn. The story said lower-income families will pay more under tax provisions scheduled to expire Dec 31. The Obama administration's budget calls for the extension of those tax provisions for households earning less than $250,000. There will be no substitute story.

oh. It was withdrawn because it is false. Well, that makes sense.

duh.

Quote:

Originally Posted by JEROME DA GNOME

Obama is not allowing the the Bush tax cuts to expire?

fuckity fuck but you are stupid sometimes.

daap-umop-bnp · 02-09-2010, 05:13 AM

Quote:

Originally Posted by JEROME DA GNOME

Then the article would be factual.

This is not factual.

Quote:

If the provisions are allowed to expire on December 31, the top-tier personal income tax rate will rise to 39.6 percent from 35 percent. But lower-income families will pay more as well: the 25 percent tax bracket will revert back to 28 percent; the 28 percent bracket will increase to 31 percent; and the 33 percent bracket will increase to 36 percent. The special 10 percent bracket is eliminated.

Looks like the taxes actually start in the 33% bracket, and above. So this is factually incorrect. It is false. It is untrue. It is not a fact. All that stuff about the 25%, 28%, and a good portion of the 33% brackets is false. Untrue. Not a fact.

This is misleading, since it says congress has to do something, not the president, even though the title says it's about the president.

Quote:

Millions of middle-class households already may be facing higher taxes in 2010 because Congress has failed to extend tax breaks that expired on January 1, most notably a "patch" that limited the impact of the alternative minimum tax. The AMT, initially designed to prevent the very rich from avoiding income taxes, was never indexed for inflation. Now the tax is affecting millions of middle-income households, but lawmakers have been reluctant to repeal it because it has become a key source of revenue.

Without annual legislation to renew the patch this year, the AMT could affect an estimated 25 million taxpayers with incomes as low as $33,750 (or $45,000 for joint filers). Even if the patch is extended to last year's levels, the tax will hit American families that can hardly be considered wealthy -- the AMT exemption for 2009 was $46,700 for singles and $70,950 for married couples filing jointly.

Obama's proposal calls for the AMT patch to continue through 2020.

JEROME DA GNOME · 02-09-2010, 05:28 AM

Quote:

Originally Posted by daap-umop-bnp

Quote:

Originally Posted by JEROME DA GNOME

Then the article would be factual.

This is not factual.

Quote:

If the provisions are allowed to expire on December 31, the top-tier personal income tax rate will rise to 39.6 percent from 35 percent. But lower-income families will pay more as well: the 25 percent tax bracket will revert back to 28 percent; the 28 percent bracket will increase to 31 percent; and the 33 percent bracket will increase to 36 percent. The special 10 percent bracket is eliminated.

Looks like the taxes actually start in the 33% bracket, and above. So this is factually incorrect. It is false. It is untrue. It is not a fact. All that stuff about the 25%, 28%, and a good portion of the 33% brackets is false. Untrue. Not a fact.

Did not the Bush tax cuts also effect the lower tax brackets?

What exactly are you saying is factually incorrect?

JEROME DA GNOME · 02-09-2010, 05:30 AM

Quote:

Originally Posted by daap-umop-bnp

Obama's proposal calls for the AMT patch to continue through 2020.

Tax cuts for the rich?

daap-umop-bnp · 02-09-2010, 05:46 AM

Quote:

Originally Posted by JEROME DA GNOME

Did not the Bush tax cuts also effect the lower tax brackets?

Affected them, yes.

Quote:

What exactly are you saying is factually incorrect?

The statement that the lower tax brackets will increase.

TestyCalibrate · 02-09-2010, 06:02 AM

Quote:

Originally Posted by JEROME DA GNOME

Quote:

Originally Posted by daap-umop-bnp

Obama's proposal calls for the AMT patch to continue through 2020.

Tax cuts for the rich?

Jesus christ. so, way to be wrong but still try to find a negative thing to say anyway. If you ever wondered why people always tell you you are a stooge for the right, this is why.

JEROME DA GNOME · 02-09-2010, 01:22 PM

Quote:

Originally Posted by daap-umop-bnp

Quote:

Originally Posted by JEROME DA GNOME

What exactly are you saying is factually incorrect?

The statement that the lower tax brackets will increase.

If Obama allows the Bush tax cuts to expire the lower tax brackets will pay a large percentage.

JEROME DA GNOME · 02-09-2010, 01:24 PM

Quote:

Originally Posted by TestyCalibrate

Quote:

Originally Posted by JEROME DA GNOME

Quote:

Originally Posted by daap-umop-bnp

Obama's proposal calls for the AMT patch to continue through 2020.

Tax cuts for the rich?

Jesus christ. so, way to be wrong but still try to find a negative thing to say anyway. If you ever wondered why people always tell you you are a stooge for the right, this is why.

Where am I wrong?

How is the AMT not a tax on the rich, and a "patch" for the AMT not going to give the rich a tax cut?

daap-umop-bnp · 02-09-2010, 01:26 PM

Quote:

Originally Posted by JEROME DA GNOME

Quote:

Originally Posted by daap-umop-bnp

Quote:

Originally Posted by JEROME DA GNOME

What exactly are you saying is factually incorrect?

The statement that the lower tax brackets will increase.

If Obama allows the Bush tax cuts to expire the lower tax brackets will pay a large percentage.

But his proposal extends the tax cuts for people earning less than 200,000. So your hypothetical doesn't matter.

JEROME DA GNOME · 02-09-2010, 01:29 PM

Quote:

Originally Posted by daap-umop-bnp

But his proposal extends the tax cuts for people earning less than 200,000. So your hypothetical doesn't matter.

So Obama is keeping most of the Bush tax cuts?

daap-umop-bnp · 02-09-2010, 01:38 PM

Quote:

Originally Posted by JEROME DA GNOME

So Obama is keeping most of the Bush tax cuts?

Quote:

Originally Posted by daap-umop-bnp

Oh look. Facts.

http://www.bloomberg.com/apps/news?p...d=a6qcwZCtO0_w

Quote:

Obama asked Congress to extend all of Bush’s tax cuts that apply to Americans earning under $250,000. He also proposes almost doubling a tax credit that helps Americans pay for child care and increasing federal subsidies for Individual Retirement Accounts.

JEROME DA GNOME · 02-09-2010, 02:14 PM

So Obama is for the Bush tax cuts.

daap-umop-bnp · 02-09-2010, 02:21 PM

You're not bright enough to do that. You should stop.

Koyaanisqatsi · 02-09-2010, 03:10 PM

He won't. He's a masochist.

He'll keep repeating it as if he's making an argument instead of just once again revealing either his obvious agenda, or his profound stupidty, which.

Jesus Tap-Dancin' Christ · 02-09-2010, 05:18 PM

Quote:

Originally Posted by muidiri

Quote:

Originally Posted by JEROME DA GNOME

Quote:

Originally Posted by daap-umop-bnp

That's retarded. Nobody sought approval from the WH to run the story.

No, but when the White House voiced disapproval the article was pulled and the reporter was out of a job.

Rather chilling effect on News Reporting, don't you think?

Do you seriously not understand the difference between "voicing disapproval" and "identifying false information"?

This is Jerome we're talking of. No, he doesn't.

Jesus Tap-Dancin' Christ · 02-09-2010, 05:18 PM

Quote:

Originally Posted by JEROME DA GNOME

So Obama is for the Bush tax cuts.

He's for some of them, not most of them.

muidiri · 02-09-2010, 06:25 PM

Quote:

Originally Posted by Jesus Tap-Dancin' Christ

Quote:

Originally Posted by muidiri

Quote:

Originally Posted by JEROME DA GNOME

No, but when the White House voiced disapproval the article was pulled and the reporter was out of a job.

Rather chilling effect on News Reporting, don't you think?

Do you seriously not understand the difference between "voicing disapproval" and "identifying false information"?

This is Jerome we're talking of. No, he doesn't.

Okay then. I'd say I'm done trying to reason with him then.

MattShizzle · 02-09-2010, 06:30 PM

Are you retarded Jerome?

madmardigan · 02-09-2010, 07:49 PM

JDG-

How many more times do you have to be dead wrong before you realize the information you're getting from FreeRepublic/right wing bullshit machine is either complete shit, lies or purposeful misinformation to manipulate dunderheads like yourself?

once? twice? a hundred more times? You're basically like 0-146 at this point. You have to be questioning where you get your information at least a little, right?

Autonemesis · 02-09-2010, 07:55 PM

Quote:

Originally Posted by JEROME DA GNOME

How is the AMT not a tax on the rich, and a "patch" for the AMT not going to give the rich a tax cut?

Because the AMT has never been adjusted for inflation since it was introduced in 1969, and has for some time affected people who are not at all rich. The "patch" makes it affect fewer non-rich persons.

Koyaanisqatsi · 02-09-2010, 08:00 PM

Quote:

Originally Posted by madmardigan

JDG-

How many more times do you have to be dead wrong before you realize the information you're getting from FreeRepublic/right wing bullshit machine is either complete shit, lies or purposeful misinformation to manipulate dunderheads like yourself?

once? twice? a hundred more times? You're basically like 0-146 at this point. You have to be questioning where you get your information at least a little, right?

The only explanation is that he's a shill for the Republicans. Well, that or a congenital idiot. And I mean that literally, of course.

How many times can you repeat 2 + 2 = chair?

Reign_Cryogen · 02-09-2010, 08:10 PM

There's another explanation, of course..

02-09-2010, 04:19 AM	#802525 / #326
JEROME DA GNOME THE JUGGERNAUT Join Date: Sep 2009 Location: The Land of Pleasant Living Posts: 11,953	Obama is not allowing the the Bush tax cuts to expire? __________________ What a man believes upon grossly insufficient evidence is an index into his desires -- desires of which he himself is often unconscious.

02-09-2010, 04:46 AM	#802559 / #327
daap-umop-bnp fuck your rights Join Date: Apr 2009 Location: freedom usa Posts: 5,980	He's trying. What's your point? __________________ Atheism: the religion devoted to the worship of one's own smug sense of superiority. - Colbert Just talk in plain simple sentences. It is not that hard. - Pavlov's Dog If you make a similar post I will suspend you myself, if no-one gets there first, while we consider what to do. Got to get back to cooking now. - David B

02-09-2010, 02:14 PM	#802791 / #340
JEROME DA GNOME THE JUGGERNAUT Join Date: Sep 2009 Location: The Land of Pleasant Living Posts: 11,953	So Obama is for the Bush tax cuts. __________________ What a man believes upon grossly insufficient evidence is an index into his desires -- desires of which he himself is often unconscious.

02-09-2010, 02:21 PM	#802798 / #341
daap-umop-bnp fuck your rights Join Date: Apr 2009 Location: freedom usa Posts: 5,980	You're not bright enough to do that. You should stop. __________________ Atheism: the religion devoted to the worship of one's own smug sense of superiority. - Colbert Just talk in plain simple sentences. It is not that hard. - Pavlov's Dog If you make a similar post I will suspend you myself, if no-one gets there first, while we consider what to do. Got to get back to cooking now. - David B

02-09-2010, 03:10 PM	#802860 / #342
Koyaanisqatsi Senior Member Join Date: Mar 2008 Posts: 2,741	He won't. He's a masochist. He'll keep repeating it as if he's making an argument instead of just once again revealing either his obvious agenda, or his profound stupidty, which. Last edited by Koyaanisqatsi; 02-09-2010 at 03:12 PM.

02-09-2010, 06:30 PM	#803154 / #346
MattShizzle Unethical Poster Join Date: Dec 2009 Location: Bernville, PA Posts: 6,616	Are you retarded Jerome? __________________ http://www.outpimp.com/?x=481616894

02-09-2010, 07:49 PM	#803284 / #347
madmardigan TRON Join Date: Nov 2008 Location: Los Angeles, CA Posts: 993	JDG- How many more times do you have to be dead wrong before you realize the information you're getting from FreeRepublic/right wing bullshit machine is either complete shit, lies or purposeful misinformation to manipulate dunderheads like yourself? once? twice? a hundred more times? You're basically like 0-146 at this point. You have to be questioning where you get your information at least a little, right?

02-09-2010, 08:10 PM	#803309 / #350
Reign_Cryogen The code is the law. Administrator Join Date: Aug 2008 Posts: 8,844	There's another explanation, of course.. __________________ I never saw a wild thing sorry for itself. A small bird will drop frozen dead from a bough without ever having felt sorry for itself.

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode