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The senate passed the tax hike today

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What are your thoughts? Is it fair to raise taxes to 39.(something)% on people who earn over $250,000 a year, when almost 50% of Americans paid NO federal taxes last year? How many layoffs and closing business do you predict?
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by on Nov. 9, 2012 at 4:32 PM
Replies (31-40):
luckystars2012
by Silver Member on Nov. 9, 2012 at 5:35 PM
3 moms liked this
Been there, done that. Worked like Hell to make more money, and now I pay so much in taxes that it hardly makes a difference.


Work your ass off for a year and see nearly half your paychecks go out the window, to pay for people who don't work half as hard as you do. Then tell me how you feel.


Quoting SunshneDaydream:

Live 1 year as a person who makes $7.50 and hour and has to support a family and then tell me that everyone should pay the same tax rate.  SMH. 

Quoting luckystars2012:

Everyone else has to pay sales, gas, and property tax as well, on top of their income tax.



Everyone should pat the same tax percentage, and there should be no such thing as a tax return.





Quoting SunshneDaydream:

Everybody does pay taxes, unless they live in a cave.  True, people who don't even make enough money to survive don't have to pay income taxes, but they still pay sales tax, gas tax, and property tax.  

To the OP, yes, it's fair.  Wealthy people can afford higher taxes, poor people can't afford ANY *income* taxes.  

Quoting Healthystart30:

39% taxes is a lot! But no I think everyone should pay taxes, people should definitely not be getting money out that they never put in!






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Jack_Squat
by Silver Member on Nov. 9, 2012 at 5:38 PM
2 moms liked this
What about the small business with one-2 owners who already pay themselves the minimum?


Quoting lga1965:

Well then the owner, the manager, the CEO ...the ones making the big bucks can take a salary cut so they don't have to let anyone go. Its all about greedy people wanting to keep things the way they are and screw the little guys. They need to get over themselves.



Quoting erika9009:

And if those tax cuts expiring cost you your job becasue your employer cannot afford to keep you, are you still for letting them expire?

( i really do want an answer)



Quoting NWP:

I believe that it is fair to let the Bush tax cuts expire for everyone who makes over $250,000 a year.



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NWP
by guerrilla girl on Nov. 9, 2012 at 5:39 PM
2 moms liked this

He was a very smart business man for sure.

Too many guys in his position now mistakenly place their profits over their company's best interests.

Quoting OHgirlinCA:

 You're Dad sounds like a very good man :)

Quoting NWP:

He was pragmatic. He would drop his prices and take jobs just to keep his guys working, sometimes at a loss to him. More than just supporting his workers, he was (in his mind I know more importantly) able to keep his client base up and maintain his corner on the market even during a down economy.


Quoting lga1965:

Wow he is one of a kind, someone who actually cared. I wish there were more men ..and women ...like your Dad!

Quoting NWP:

My dad is a self-made millionare who ran several companies. He would often go for months and months without any salary but still worked 16 hour days just so his employees didn't take the hit.

Quoting lga1965:

Well then the owner, the manager, the CEO ...the ones making the big bucks can take a salary cut so they don't have to let anyone go. Its all about greedy people wanting to keep things the way they are and screw the little guys. They need to get over themselves.



Quoting erika9009:

And if those tax cuts expiring cost you your job becasue your employer cannot afford to keep you, are you still for letting them expire?

( i really do want an answer)



Quoting NWP:

I believe that it is fair to let the Bush tax cuts expire for everyone who makes over $250,000 a year.




 


New World Peace

Arroree
by Ruby Member on Nov. 9, 2012 at 5:39 PM
6 moms liked this


Quoting ambertreas76:

Beginning of socialism... get punished for success.

Doing it the other way punishes the poor for not being successfull. Either way someone loses, at least this way the one losing won't be homeless and watch their kids go hungry because of it.  Just saying...

Paperfishies
by Silver Member on Nov. 9, 2012 at 5:39 PM
4 moms liked this
Yup. You're going to have more and more "rich" people sending their money offshore.


Quoting ambertreas76:

Beginning of socialism... get punished for success.

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sweet-a-kins
by Emerald Member on Nov. 9, 2012 at 5:41 PM
2 moms liked this

 it reset the tax rate to what it was in 2000...

Quoting Healthystart30:

39% taxes is a lot! But no I think everyone should pay taxes, people should definitely not be getting money out that they never put in!

 

rfurlongg
by on Nov. 9, 2012 at 5:41 PM
4 moms liked this
Only about 12% of your taxes go towards welfare programs. The majority of your taxes (24% and 22% respectively) go towards defense and pensions. Rest assured that most of your hard earned $ do not go to free loading welfare recipients.

Quoting luckystars2012:

Been there, done that. Worked like Hell to make more money, and now I pay so much in taxes that it hardly makes a difference.





Work your ass off for a year and see nearly half your paychecks go out the window, to pay for people who don't work half as hard as you do. Then tell me how you feel.




Quoting SunshneDaydream:

Live 1 year as a person who makes $7.50 and hour and has to support a family and then tell me that everyone should pay the same tax rate.  SMH. 

Quoting luckystars2012:

Everyone else has to pay sales, gas, and property tax as well, on top of their income tax.





Everyone should pat the same tax percentage, and there should be no such thing as a tax return.








Quoting SunshneDaydream:

Everybody does pay taxes, unless they live in a cave.  True, people who don't even make enough money to survive don't have to pay income taxes, but they still pay sales tax, gas tax, and property tax.  

To the OP, yes, it's fair.  Wealthy people can afford higher taxes, poor people can't afford ANY *income* taxes.  

Quoting Healthystart30:

39% taxes is a lot! But no I think everyone should pay taxes, people should definitely not be getting money out that they never put in!







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Paperfishies
by Silver Member on Nov. 9, 2012 at 5:43 PM
2 moms liked this
No one in the US watches their kids "go hungry". The middle class is always the ones who get fucked over. Poor people get taken care of by the government via welfare and Rich people are rich, the middle class gets told "too bad". Poor people don't get fucked over in our country, they get helped, so much so that many become dependent in the government and that help becomes crippling.


Quoting Arroree:



Quoting ambertreas76:

Beginning of socialism... get punished for success.

Doing it the other way punishes the poor for not being successfull. Either way someone loses, at least this way the one losing won't be homeless and watch their kids go hungry because of it.  Just saying...


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Rowdys.Mommy
by Bronze Member on Nov. 9, 2012 at 5:44 PM

DISAGREE!

Quoting SunshneDaydream:

Everybody does pay taxes, unless they live in a cave.  True, people who don't even make enough money to survive don't have to pay income taxes, but they still pay sales tax, gas tax, and property tax.  

To the OP, yes, it's fair.  Wealthy people can afford higher taxes, poor people can't afford ANY *income* taxes.  

Quoting Healthystart30:

39% taxes is a lot! But no I think everyone should pay taxes, people should definitely not be getting money out that they never put in!



Jack_Squat
by Silver Member on Nov. 9, 2012 at 5:44 PM
http://whotv.com/2012/11/09/tax-bill-obama-calls-on-house-to-pass-tax-hike-for-wealthy/




Quoting rfurlongg:

Just a bump. I thought the expiration date for the fiscal cliff was Dec 31st. Hoping for an answer to Laura's question. Op, do you have a link?



Quoting LauraKW:

Wait - there was no bill to raise taxes. The tax hike is coming because there is no bill to stop it. What happened today?

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