Obama's new Tax plan hits Middle Class

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Observerofu
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AP reports that $130 Billion dollars of new "fees" in Obama's tax plan includes some interesting taxes that hit the Middle Class hard.

"Air travelers, federal workers, military retirees, wealthier Medicare beneficiaries and people taking out new mortgages are among those who would pay more than $130 billion in government revenues raised through new or increased fees.
Airline passengers would see their federal security fees double from $5 to $10 for a nonstop round-trip flight and triple to $15 by 2017, raising $25 billion over the coming decade. Federal workers would face an additional 1.2 percentage point deduction from their paychecks to contribute $21 billion more for their pensions over the same period. Military retirees would pay a $200 fee upon turning 65 to have the government pay their out-of-pocket Medicare expenses. They'd also pay more for non-generic prescription drugs."

It looks like not just the "Rich" is going to feel some pain.

Observerofu
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AP story: "Are rich taxed less than secretaries?" Gets it right

"WASHINGTON (AP) — President Barack Obama says he wants to make sure millionaires are taxed at higher rates than their secretaries. The data say they already are.
"Warren Buffett's secretary shouldn't pay a higher tax rate than Warren Buffett. There is no justification for it," Obama said as he announced his deficit-reduction plan this week. "It is wrong that in the United States of America, a teacher or a nurse or a construction worker who earns $50,000 should pay higher tax rates than somebody pulling in $50 million."

On average, the wealthiest people in America pay a lot more taxes than the middle class or the poor, according to private and government data. They pay at a higher rate, and as a group, they contribute a much larger share of the overall taxes collected by the federal government."

http://news.yahoo.com/fact-check-rich-taxed-less-secretaries-070642868.html

Even the AP can not ignore Obama's math errors any longer.

NUK_1
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Obama's ridiculous non-solution

The worst thing that could happen to Obama and the Dems is if the Repubs immediately passed all of his recent proposals(if he can be bothered to write them down and have the CBO score them). After that, the 1 trillion or so deficit we'd be running annually anyway that would lead us into Greece territory pretty soon couldn't be blamed any longer on those evil "Bush tax cuts." Then, WHAT? What's the plan to address the other 90% of the deficit that is spending?

The Repub candidate has to try and force Obama to have to answer the tough questions the media has never asked like a) what are you going to propose we cut since an extra 150-200bil/year is laughably short of what we spend by, oh, a trillion bucks, and b) why have you totally ignored your very own Blue Ribbon panel Simpson/Bowles' recommendations and tried to pretend like that never happened despite all your praise for their tough work BEFORE they came up with solutions? Or c) when are you going to actually propose something like a budget instead of hiding behind Nancy Pelosi and Harry Reid to do all the heavy lifting while you make speeches full of nothing but campaign slogans?

By the way, Prez, when you talk about some "rich person" who you describe some days as "anyone making millions or billions" and other days as "any household making over 250K" not paying their fair share and causing Granny to not be able to somehow fill her prescription, that is 100% class warfare. It's also complete BS.

kevink
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Speaking of BS Nuke.

I'm always amazed how republicans and *independents who are really republicans too embarrassed to call themselves by name seem to go deaf when the president or any democrat talks about a BALANCED approach. Nuk, just look up. You have two posts that talk about items that affect the middle class. Did you sneeze and miss those? And, yes, with this financial crisis that all local conservatives refer to as near armegeddon, the wealthy end of the citizenry should probably have something other than HISTORICALLY LOW TAX RATES. Lower than under GHW Bush. Lower even than under Reagan. Nuk, when did Bush 43's tax cuts create jobs? Why did Reagan run deficits? Why have taxes here in the Local Republican bubble of PTC even gone up? It's simple math nuk. Big problems require broad balanced solutions, no matter how much people making less than a quarter mil whine and complain for the poor impoverished wealthy who want to preserve the historically low tax rates that as of yet have not created the trickle down Romney "job machine".

Joe Kawfi
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The BS 'kking' speaks again

Taxing the wealthy will dry up investment capital, kill jobs, and do nothing to cure the deficit that Obama has run up because he will just use the money to pay off his big labor bosses at the SEIU and NEA.

Obama and his minions talk about EVERYONE paying their "fair share", but says nothing about the 50% of Americans that pay zero federal income tax. Not only that, but Obama's buddy Buffet is delinquent on his taxes as well.

Obama's nothing but a slogan master and has no clue as to what he is doing.

Looking forward to him being voted out of office in a landslide in 2012.

Ned

kevink
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Slogan master joekawfi?

Slogans like 'soak the rich'? 'Class warfare?' "Union/ big labor blah blah?" You certainly know about slogans. Riddle me this. The last time we had a balanced federal budget, how was it achieved? Enough of your fantasies. How was it actually accomplished under democratic president clinton and a divided legislature? Can u bring yourself to reply with honest facts? Or will you just call names and pout?

When Reagan raised capital gains tax, did rich folks stop investing? Did investment cash dry up? Why do you pull these things out of thin air?

NUK_1
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kevin: forget the tax cuts

That's a 125bil a year item if all the Bush tax cuts are repealed. Since some talk a lot about "balance" and "fairness," let's just assume all Bush tax cuts expire/are repealed and some of the people paying zero federal tax and also getting EIC suddenly have to pay a few bucks. There's a 125bil a year in added revenue for the govt.

125bil doesn't even begin to address the reason the US is running a 1.4trillion dollar deficit this year and is projected to run similar year after year.

Obama's 1 trillion in "savings" for the ending of two wars is a pathetic budget gimmick. To show that the Repubs are just as cravenly, Boehner's plan recently included this same 1trillion "savings." Gimmicks like this and trying to lie to the voters isn't going to solve the long-term problem of debt and deficits.

What I see in Obama's plan is that he wants to raise taxes by 1.5 trillion, save 1 trillion on wars, reduce Medicare payments to providers and hospitals by 320 billion, and then vague "reforms" and "waste reductions" to come up with 3.6 trillion over 10 YEARS total. Nowhere is the basic fact that there is no way for the US to pay for entitlement spending when it continues growing from its present level of 10% of GDP to 15% or more by 2040 when we'd have to borrow money to ONLY pay entitlements in the federal budget and debt payments that are approaching 500 billion a year.

What I don't see whatsoever in this "fair and balanced" approach is addressing major spending cuts and any type of serious entitlement structural reform that is going to keep growing and growing.

Obama and the Dems are taking the Dick Cheney approach of "deficits don't matter" despite the S&P downgrade. While they want to blame S&P's downgrade on everyone else, Moody's last year clearly stated and again this this year that the US had no credible plan for deficit and debt reduction and "may" be downgraded in the near future. Most of Europe laughed-off Geithner's advice last week by stating that countries like Germany and the Netherlands are much more financially stable with better long-term fundamentals than the US so why listen to one of the architects of financial insanity?

All I saw was re-election puff and fluff and nothing that really addresses some very serious problems that the President is avoiding addressing again and again.

kevink
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Nuk.

Nuk. I value your opinion. I'll try to explain how mine was formed. We have two problems : National debt and citizens without jobs. My opinion is if I'm hungry and I have a credit card, the hunger is the first problem to address. I'm gonna use my borrowing power to feed myself now while looking for solutions to the longer term debt problem. Republicans want to treat the debt as if it's the more immediate problem. I respectfully disagree without calling them idiots or stupid or destroyers OF America.

As to fighting the jobs problem.. They offer tax cuts and deregulation. The last President did both over two terms. It ended with the TARP and an ever growing deficit . Forgive me for taking the exact same "solution" with a grain of salt

NUK_1
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kevin: it is two major problems

The issue to me is that government is only really capable of handling one of those two effectively, and it's not job creation. A lot of people would argue government isn't capable of controlling its spending either, but realistically, they COULD if they had the backbone AND if the voters threw out of office all those who cannot control their urges to spend more tax money and seize more power.

As far as tax cuts and deregulation magically creating a bunch of jobs like the Repub mantra claims.....uh, no. Government can do its part of getting out of the way some by simplifying the tax code greatly by ending crony capitalism and going after subsidies, loopholes and everything lobbyist-bought-and-paid-for and also pulling back on overly-burdensome regulations, but those alone will not suddenly create jobs. It's going to take time. Telling the American public to be "patient" is the same as saying "I'd like to not get re-elected, please" but it's reality.

One thing Obama could do right this second that would create some jobs is finally submit the Columbia, Panama and S Korea trade agreements to Congress. Even the UAW and Food Growers Union are totally behind the South Korean agreement so Obama at least has some political cover from the AFL-CIO, Teamsters and other big labor groups that completely oppose these as well as any free trade agreement ever devised that doesn't call for global worker unionization and other tired tenets of Marxism.

kevink
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Nuk, you ever make a somewhat long, but reasoned post.......

Only to have the website or your internet connection or your cell phone or lap top eat it? NUTS!!!! Okay, I'll try to remember what I just typed.

Do you see the Republican Congress approving NAFTA 3.0? I don't. Not just unions, Nuk. Republicans have a big a## rubber stamp that has NO on it and that's all they have used since they have been in power in The House. Mitch McConnel has been true to his goal of priority number 1 being the defeat of President Obama politically. Trust me, the House and Senate GOP leadership want the economy to improve...... in December of 2012.

I agree with you that Democrats should have had the stones to submit a budget before they lost the House, but let's look at recent history. Even you have poo pooed on Obama's proposed Tax CUTS and Tax incentives as not lasting long enough. We've had the Bush tax rates since 2001. When the heck are they supposed to kick in? Obama's plan isn't about long term tax policy. I believe he's trying to get people back to work using all Washington really has to offer which is govt spending and tax incentives. Infrastructure unquestionably needs repair. This also costs money and creates jobs. The GOP can say no to every idea not theirs, but I believe that is the wrong approach when we need infrastructure improvements and people need jobs.

As to Govt getting out of the way, I don't get this one. Bush 43 deregulated like you read about. And what was the net gain? How many mining accidents or oil spills or salmonella outbreaks does it take for folks to realize you need someone other than the fox watching the hen house. I have been sicker than sick from drinking water in countries with lax regulation. I don't care to get back on a cypro diet at home.

As to killing the Dept of Education, I think that is not thought through very well. Where would Title 10 (special needs) programs get funding? The cash strapped states? And how would states pay for these programs? Raise taxes? What happens to kids who truly can't afford college when the grants and GOVT-BACKED loans disappear? Where do states get the money they need to operate in the post DOE world? It reminds me of people who want the IRS gone, but expect a Flat Tax to provide pre-bate checks to all tax payers. Who calculates and sends out those checks, Nuk? The new "NOT THE IRS" that would have to be created?

Nuk, if the GOP candidate wins the 2012 election, the IRS will continue to exist. The EPA will not close. We will deficit spend. Abortion will still be legal. And gays will still be allowed to serve openly in the military. And we'll all be talking about their unfulfilled campaign promises ;-).

Observerofu
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Exactly Kevin welcome to my world
kevink wrote:

Nuk, if the GOP candidate wins the 2012 election, the IRS will continue to exist. The EPA will not close. We will deficit spend. Abortion will still be legal. And gays will still be allowed to serve openly in the military. And we'll all be talking about their unfulfilled campaign promises ;-).

This is exactly what I have been trying to get you to understand but seem unable to. It does not matter which side gets in they both are corrupt and addicted to the pig trough.

Your's and DM constant defense of the current Democrat political parties and the excoriation of the Republican (deserved btw) shows a surprising lack of foresight.

It is the current Political system of both parties that have brought us to the brink of economic annihilation. Once you admit to yourself that each side is equally at fault the blame game fails to garner much sympathy any longer.

Until we the American people get serious about the failure of our Government to be stewards of the Constitution instead of trying to change it we will never be totally free.

NUK_1
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kevin: yeah I have

Sucks when that happens!

By the way, the post you lost...it was better than the one above :)

kevink
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For real though Nuk!

I had a bipartisan budget fix and some links to my favorite swimsuit calendar all cleverly weaved together. If you could have only seen it! Man! :-))

Robert W. Morgan
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Thomas Sowell weighs in against Haddix, Brown and Obama

Sowell is always a good read, but today's masterpiece included the following
"We need leaders who have thought through many complex issues facing the country, not leaders with flashy words and snappy comebacks."

He was talking about the Republican candidates and of course Prezbo, but I do think this applies at all levels - city, county, state. The harshness and rudeness of most politicians combined with the low attention span of under-educated votes has got us into our current multiple messes at all levels.

That's what the Tea Part movement is all about - a big "enough already" on idiotic spending decisions. They may have no strong leadership and they certainly have some fringe people who are nuts - as does every other movement (can you say PETA) but their message is clear enough - stop the spending and get some real leadership in there instead of these cartoon characters who are more about self, showbiz and sound bites than they are about governing. Yes it is about governing and leadership - not ruling.

kevink
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The difference RWM is the nuts at PETA

Would never be front runners on a democratic presidential stage. I find it amazing. A man who thought the 10th amendment allowed Texas to secede: a man who threatened as much; a proud C student is the FRONT RUNNER. Amazing stuff. And he's criticizing Obama on the 1967 lines argument with Israel, not realizing that Netanyahu has also supported this, and said he would again if Palestinians return to direct talks. When Texas secedes, would they negotiate for the US position? Or the other 49 states?

We haven't argued in a while. How've ya been?

Robert W. Morgan
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There is no one on the Republican stage that I would want

to be President. Or the Democratic stage either. There has not been one good candidate for either party since the 1980's and certainly not this time. That being said, it is obvious one of them is going to get elected, so it comes down to who will do the least harm to the country. Clearly not Obama, as he has done enough already. Among the Republicans I could tolerate Cain and Romney and maybe Gingrich for sheer entertainment, but most importantly I don't think any of those would be as harmful as the others who all lack the leadership to get things done, IMHO. Or being harmful by needlessly pushing social issues.

And how can you really tell who will do the least harm?
McCain or Obama? Duh! Thinking people saw this one coming.
Plunkett or Haddix? Everybody thought Cyndi's pro-business votes were such a big bad thing and they voted against her. Look where we are now. Note to Haddix: votes against Plunkett are not the same thing as a voting mandate for you.

And then there was Brown and Smith. Who would do the least harm? You fools elected Mr. stop the bypass and it is being built just as fast as if Jack Smith were reelected and you/we are only two steps away from having this gadfly as county commission chair, which means he will be on the ARC and in daily contact with state officials - including those at DOT who dole out road projects. Think about it - who will do the least harm. Better yet, think about it before you vote.
Yes, Imker needs to be reelected and I have thought about it.

BHH
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I would support any republican available.

No matter which one runs against Obama.

kevink
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BHH. I'm sure you would.

I have no doubt you would vote for a ham sandwich if someone told you it was a Republican. From the looks of it, you may get the chance :-D

BHH
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kevink, it couldn't be any worse than

the damn turkey sandwich you idiots elected because he was democrat.

Observerofu
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No BHH Obama is not a Turkey he is more like TOFU

all mass little substance.

kevink
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BHH, you little potty mouth :-D

First and foremost, I challenge you to a game of Scrabble if you think I'm an idiot :-).

Second: America's voters elected President Obama for the same reason he will probably be re-elected: Y'all pushed two horrible candidates in front of America.

John McCain, Mr. Bomb bomb bomb Iran seemed like an angry grandpa, and Sara Palin, who would have already quit by now, seemed uninformed and incapable of even taking on interviewers, let alone international leaders.

What is the GOP offering today?

Mitt "been there done that" Romneycare Romney, the ordinary guy that's created thousands of jobs....... in India where he outsourced them.

Rick "secession" Perry; who wants to protect social Security even though he called it unconstitutional; the small govt governor who forced vaccines into the bloodstreams of Texas 12 yr old girls.

Michelle Bachmann; the woman who was an IRS lawyer to "learn the enemy;" The $2 gallon of gas lady.

Ron "been there done that for 23 years" Paul, who looks like he should be in a wheel chair during the debates.

Herman Cain....... okay, I'll say it: The Tea Party will NEVER support a second African American President. I don't care how strongly you deny it. This man will not be on the GOP ticket. No way. No how.

The reasonable Mr. Huntsman will continue polling poorly with the GOP, because he believes in the scientific method and he is proud of being smart.

BHH, I love the idea of a Perry Bachmann ticket. I'm pulling for them big time!

ps: Mitt Romney has the gloves off tonight! Ooh man! I'm hoping for a Massachusetts / Texas fist fight!

NUK_1
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Romney to Perry

"I actually wrote my book." OUCH!

Observerofu
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That was a zinger

one of many tonight.

Observerofu
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RWM Agreed

Cain would work for me. He has some common sense and would run Government as a business without all the political correctness.

kevink
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Robert. You dodged ny most important question

How ya doin?

Robert W. Morgan
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In the pink, kevin

so to speak.

kevink
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So many things I could say R dub....

But my mom might be reading. :-D

Cheers

kevink
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Do repulicans and or tea partiers recognize America's wealth gap

Do any of you know how the wealth gap has grown under the current tax system? How much more wealth needs to be extracted from the bottom of the economic ladder before the self-titled job creators will feel satisfied? Honest question.

Observerofu
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I guess the IRS is wrong kevin?

Their records sure do look like the "Rich" pay their "fair" share. Even the AP thinks so. So just how is wealth "extracted" from the bottom of the ladder if by definition the bottom of the ladder as you say is the "poor"?

Talk about rhetoric and recycled ideas that is a classic. Trickle up anyone?

Oh kevin, you have been studying Karl haven't you?

So under the "Karl" plan should we just take it from the Bourgeoisie and give it to the "poor" kevin?

How about create the Economic opportunity to allow those that want to move up that ladder to be able to do so not keep them down so they stay a reliable voting class for the Democrats.

Davids mom
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The American people are listening Nuk and Oou

Let's see. These are the solutions that Republicans won't support. Is that what Nuk and Oou are saying? Please tell us what is being supported in place of these 'solutions'?

Buy American:
Create jobs for Americans, not Chinese and Indian citizens:
Provide a first class education:
Encourage small business growth:
Take care of our veterans and their families:
Provide a helping hand when needed, not a life on welfare
Raise revenue through tax reform
(A few proposals of Obama - download the plan and read it for yourself.)

kevink
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DM: Seems they embrace the Ryan Plan.

The plan that would have required deficit spending; the plan which would have required a debt ceiling increase; the plan which would have privatized social security so it could tank when the market tanks: the same idea republicans rejected when GWB floated it. I never knew our conservative friends were so green. They love to recycle..... ideas :-D

Observerofu
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Sour Grapes

Hey kevin and DM do you guys wants some cheese to go with that whine?

Finally a little unbiased Journalism breaks out and you guys go all weepy that we are not just swallowing the BS and rhetoric.

There is no balanced plan kevin and you know it. Obama is using the Wimpy plan. I will gladly cut spending someday for tax increases today.

DM tell me what Republican is against any of what you said? You might want to ask our President about his new Crony Capitalism plan. Jeffery Immelt you know the CEO of GE that little company that made Billions but yet paid no taxes DM? That same company that took Millions of Stimulus funds and used it to build plants in CHINA DM? Yes link to his plan DM, where is it. I got a speech but no plan. You do know that a speech is just words right?

NUK_1
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Wimpy always was into short-term gratification only
Observerofu wrote:

There is no balanced plan kevin and you know it. Obama is using the Wimpy plan. I will gladly cut spending someday for tax increases today.

lol...good analogy and very true.

Quote:

DM tell me what Republican is against any of what you said? You might want to ask our President about his new Crony Capitalism plan. Jeffery Immelt you know the CEO of GE that little company that made Billions but yet paid no taxes DM? That same company that took Millions of Stimulus funds and used it to build plants in CHINA DM? Yes link to his plan DM, where is it. I got a speech but no plan. You do know that a speech is just words right?

I keep waiting for when Obama, Pelosi and crew when they are pounding on "millionaires and billionaires" and "people making over 250K a year" to even hint at saying "GE should pay taxes." No, they love the Warren Buffet bit but sure don't ever mention the 1000lb elephant sitting in the living room or on the "jobs panel."

NUK_1
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DM: OK, here goes
Davids mom wrote:

Let's see. These are the solutions that Republicans won't support. Is that what Nuk and Oou are saying? Please tell us what is being supported in place of these 'solutions'?

Buy American:

How is government supposed to force Americans to buy American? Every time that has been tried like it was with American vs. Japanese cars, it was a huge failure and rewarded inferiority and terrible management.

America exports are over a trillion bucks a year and 2nd only to China. If we want to sell our goods abroad we have to also let other countries sell theirs here. That's the essence of free trade. Can it be fine-tuned and abuses/cheating reformed? Sure.

Quote:

Create jobs for Americans, not Chinese and Indian citizens:

Seems as not a day goes by that I don't see Repubs and most others stating that the 35% corporate tax rate that is the 2nd highest in the civilized world needs to be significantly reduced. If the US continues as it has done for years now to let the Chinese artificially manipulate their currency downward, don't expect corporations to stop outsourcing to China. Mitt Romney actually addresses this and I have never seen a Dem say "boo" about it. Why not? Oh wait...one major way the Chinese manipulate their currency is by propping up the US dollar by buying our debt as fast as possible and the Dems need China to finance their humongous deficit spending.

Quote:

Provide a first class education:

Getting rid of the Dept of Education would be the first step here.

Quote:

Encourage small business growth:

I'd say that demonizing people who make 250K a year probably isn't seen as "encouraging." Of all groups in this country, I'm guessing small business owners are more anti-Obama and anti-Dem and anti-politician overall than any other, and that includes millionaires and billionaires.

Quote:

Take care of our veterans and their families:

Everyone is in favor of that, it just appears like some know that the money has to come from somewhere and others could care less or expect it "someone else" to foot the entire bill.

Quote:

Provide a helping hand when needed, not a life on welfare

I think almost everyone is in favor of that too, though some prominent Dems would take a big hit politically if this happened. 99 weeks of unemployment benefits is ridiculous though,and expanding benefits instead of sticking with Clinton's workfare reform model isn't a solution either.

Quote:

Raise revenue through tax reform

This gets proposed frequently and both sides run away from it.
[/quote]

Davids mom
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Nuk
Quote:

How is government supposed to force Americans to buy American? Every time that has been tried like it was with American vs. Japanese cars, it was a huge failure and rewarded inferiority and terrible management.

The reason Americans didn't buy American cars is because they were too big and inferior to foreign made cars. Our auto industry has improved - Ford got the message, didn't need the stimulus , and I see more and more Ford products on the road. Other American cars are following suit. No where in the job plan is a section FORCING Americans to buy American. Reforming the tax code so that large corporations no longer pay other countries, and nothing to the US needs to be done immediately. Playing the blame game is good for elections and politicians, but the American people want go see some bold action, and the present Congress, White House, and Republican candidates have just a few months to show some leadership and action.

Quote:

Getting rid of the Dept of Education would be the first step here.

And what would replace the support systems that the Dept. offers to the states? Wouldn't a first step be to look at those states that are at the bottom of the achievement list and take steps to insure that their citizens are getting a basic education in order to contribute? What is the Tea Party/ Republicans offering after these cuts? Where are the written plans for 'shovel ready' implementation?

Even you and I see areas of agreement in this plan. We need leaders who can sit down IN PRIVATE and work for the American people, not TV sound bites.

Thanks for taking the time to share your thoughts.

Observerofu
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but...but it just math not Class Warfare

When one attempts to pit a socio-economic "class" against another socio-economic class for the simple reason of demonizing and extorting that class then there is no other definition that fits.

lion
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Taxes

The problem is simple as is part of the solution.

The public (the Government) has a big debt and needs more revenue.

The rich have more money than others and can afford to pay more taxes.

You tax those with the money. This will not wipe out the public debt but it will help.

Simple.

BHH
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The "rich" would get a tax reduction

if they were to "pay their fare share".

Maybe that's what Obama is really after.

roundabout
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BHH

Some of us know how people and corporations who make a lot of money pay little tax!
Those charts show Percentage to pay against gross earnings.

Howsomeever, their deducts are so huge that many pay hardly anything.
Also, gains made as income from investments are taxed about like a bums wages.

If they don't eliminate the deducts also---there won't be no increase of taxes on those people. Just a percentage raise.

The average income of 250,000 dollars after deductions pays about the same percentage (not dollars) as the average household in taxes.

Oprah, for instance has multi millions of deductions for stuff SHE wants to spend on---saves her about half or more of her taxes. WSo she in effect donates little out of her purse.

BHH
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If anybody out there is paying no tax then

I say more power to them and that's where I want to be.

I'm not for increasing tax on anyone.

I lost money in my corporation last year and had more disposable income than ever before because of tax refunds on my personal income.

The tax system is overbearing and government spending is what is out of control.

Observerofu
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Round until you can explain the economics of a pencil

you need not offer an opinion based in economics.

Let's use Buffet as an example. The current Rhetoric going around is that Warren Buffet pays less income tax then his (Secretary?) Personal Assistant.

He pays 15% she pays 17% Federal.

ALL TRUE

BUT

His income which was taxed at 15% is off of dividends which were all taxed as Corporate income at 30-35%. So his income is taxed TWICE at a rate of 40-50%

So the "MATH" is wrong or at least seriously flawed.

Oprah pays 44% in taxes you can actually see her tax info online.

Roundone you are typical of the liberal class all smoke just no fire.

Personally I like Obama's plan let's all pay the same rate-Flat Tax anyone?

I think the "Rich" should have to pay the same as a plumber or teacher.

roundabout
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Joined: 01/01/2011
OOU: TAX

If you suspect a lie, tell a bighger one to top it! (Hitler)

If tou think Oprah has truly paid 44% to the government of the "Billions" she is worth, then you not only are wrong, you are simple!

So the money you make has already been taxed? So! Isn't yours? That is what is wrong with the so-called "flat tax," just what you said.
About 250,000,000 of us don't want that. This is a democracy.

Why should the rich pay any taxes, much less what a teacher pays? What about a rich teacher?

Give to Caesar what is Caesar's and to...........!

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