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Tax Plans

Scheduled Pinned Locked Moved Run Your Mouth
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  • MisterCMKM Offline
    MisterCMKM Offline
    MisterCMK
    wrote on last edited by
    #13

    tjamz;242156 wrote:
    You guys do realize that the president doesn't just get to make up laws as he goes along right? I mean, he can propose them, but that in no way means they'll see the light of day in the house and senate.

    Lies! A president certainly does help decide the general direction in which the country goes. Granted he can't make shit up and pass it as he goes, but he does get a say in the supreme court justices and can decide what to pass or veto when it does hit his desk.

    FASTER THAN DUBBSY

    > thrash;315544 wrote:
    > I noticed that the new 5.0 valve covers say "Ford Motorsport" or something on them. Instead, the valvecovers should be a big bald eagle, holding a rifle in one talon, an american flag in the other, eating apple pie, and shitting on the outline of europe.
    >
    > Ford is back :)

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    • ? This user is from outside of this forum
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      Guest
      wrote on last edited by
      #14

      Supreme Court Justices are there to hold up/interpret the laws. They should not be allowed to legislate from the bench (though I will concede it does happen).

      Yes, he has veto power, as he should. He can influence what gets presented, but Bush is a prime example that you don't always get what you want....even from your own party. I mean, the Republican party pretty much didn't want to go along with him on the bailout package in the House.

      I've said it before, and i'll say it again. My ideal world is a republican house & senate (that does not have the ability in and of itself to override a veto) with a Democrat president to keep things in check....and a non-partisan Supreme Court.

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      • DaveHD Offline
        DaveHD Offline
        DaveH
        wrote on last edited by
        #15

        tjamz;242162 wrote:
        Supreme Court Justices are suppose to be there to hold up/interpret the laws. They should not be allowed to legislate from the bench (though I will concede it does happen).

        Fixed above... the selection of supreme court justices are probably the most important part of the election this time. Neither of the candidates are going to be able to get any of their plans implemented so thats a wash. Based on this, the only logical vote would be Mccain.

        DaveH
        '94 Supra- 7.77 @ 176mph

        legacy image

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        • StangerBanger96S Offline
          StangerBanger96S Offline
          StangerBanger96
          wrote on last edited by
          #16

          At least they voted the 2nd amendment as a personal right before there was any risk of Obama being able to load the court with liberal justices...maybe we'll luck out and if Obama is elected, we'll get a completely republican senate/house so he can't get any super-liberals through.

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          • RexwagonR Offline
            RexwagonR Offline
            Rexwagon
            wrote on last edited by
            #17

            First off I am no way a liberal. I went to Iraq twice in the army, and I volunteered my second deployment. I didnt go there to win the hearts and minds of them either. Second I just feel that a lot of things are in the shitter right now and this may actually help. So All those people who had money given to them from rich parents and grandparents, then used that money to start a business worked their ass off? Sounds like they were handed that money to me. And you are saying that the poor dont work their asses off? Are you serious? Yeah there are exceptions to both groups. But we have to get real someday and figure out where money is going to come from.

            Redistributing the wealth isnt exactly fair, but what in this world or politcs is?

            I would also adjust the proposed table to McCains for the 603k But leave what Obama has for the 2.9Million and up.

            legacy image

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            • GrrG Offline
              GrrG Offline
              Grr
              wrote on last edited by
              #18

              Ah, i was just looking at the numbers, didnt see that it was the adjustment to current tax. So i correct that statement'
              But, you CANNOT tax rich people an additional 700k. They will leave, its very easy to move right over to another country and i assure you they will. Aside from that, thats an additional 700k over their current tax..
              So i made $3million, im already paying say 500,000 in tax. That leaves me 2.5 million to live on. You add 700k to that? your cutting my living allowance by 28%. do you realize how that is going to effect these people? Its going to take so much sales tax out of local areas and general spending its unreal. How about i go to your job and take 1/4 of your paycheck, i dont care if they have "so much extra" money, regardless of income you remove 25% of it and its an extreme adjustment.
              You live on 40k, they live on 2.5mil and spend an equal amount %age wise, get over it. I dont want their money, i want to earn it on my own, if you want their money, move to a socialist country and get the fuck out of mine. Im looking to potentially inherit a large amount of money in the future and i sure as fuck want to keep it, and if i have to move out of the country to do it i will. My family busted their ass to give it to me specifically, so i wouldnt have to work as hard, their choice. So why dont you go out and earn your own way, I know for a fact that you socialist fuckers would be singing a way different tune if you happened to go win the lottery next year. Have fun keeping 35% of that money, instead of winning 100k and being better off, 35k dont mean shit.

              2006 Trailblazer SS- my DD
              2002 Camaro- built N/A LS3, Flt level 5 trans, 8.8 rear

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              • RexwagonR Offline
                RexwagonR Offline
                Rexwagon
                wrote on last edited by
                #19

                Grr;242316 wrote:
                Ah, i was just looking at the numbers, didnt see that it was the adjustment to current tax. So i correct that statement'
                But, you CANNOT tax rich people an additional 700k. They will leave, its very easy to move right over to another country and i assure you they will. Aside from that, thats an additional 700k over their current tax..
                So i made $3million, im already paying say 500,000 in tax. That leaves me 2.5 million to live on. You add 700k to that? your cutting my living allowance by 28%. do you realize how that is going to effect these people? Its going to take so much sales tax out of local areas and general spending its unreal. How about i go to your job and take 1/4 of your paycheck, i dont care if they have "so much extra" money, regardless of income you remove 25% of it and its an extreme adjustment.
                You live on 40k, they live on 2.5mil and spend an equal amount %age wise, get over it. I dont want their money, i want to earn it on my own, if you want their money, move to a socialist country and get the fuck out of mine. Im looking to potentially inherit a large amount of money in the future and i sure as fuck want to keep it, and if i have to move out of the country to do it i will. My family busted their ass to give it to me specifically, so i wouldnt have to work as hard, their choice. So why dont you go out and earn your own way, I know for a fact that you socialist fuckers would be singing a way different tune if you happened to go win the lottery next year. Have fun keeping 35% of that money, instead of winning 100k and being better off, 35k dont mean shit.

                You do bring up a good point.

                legacy image

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                  Guest
                  wrote on last edited by
                  #20

                  that's the average that it will go up there Gary....there are a good number making significantly more than the 2.9 million mark. I'm not trying to justify the tax increase as proposed, just making sure everyone is aware that the guy making 2.9mill won't necessarily have his taxes go up 700k+....the guy in the middle between the 2.9mill and whatever the highest income is will have his go up that much. As far as I can tell he is still basing it on percentages of earnings.

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                    Guest
                    wrote on last edited by
                    #21

                    Grr;242316 wrote:
                    So why dont you go out and earn your own way, I know for a fact that you socialist fuckers would be singing a way different tune if you happened to go win the lottery next year. Have fun keeping 35% of that money, instead of winning 100k and being better off, 35k dont mean shit.

                    I don't want to pay any more taxes than anyone else....hell, I don't want to pay any taxes at all. I didn't see anyone of us sending our stimulus package checks back to uncle sam and telling him that you don't want his welfare check though either...

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                    • GrrG Offline
                      GrrG Offline
                      Grr
                      wrote on last edited by
                      #22

                      ah, i didnt get one of those, so yes i didnt accept that welfare

                      2006 Trailblazer SS- my DD
                      2002 Camaro- built N/A LS3, Flt level 5 trans, 8.8 rear

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                      • Afsil80A Offline
                        Afsil80A Offline
                        Afsil80
                        wrote on last edited by
                        #23

                        I still say redistribution of wealth is not the answer and I really shouldn't have to explain myself since it's already been done.

                        -Peter

                        1991 240SX
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                        • StangerBanger96S Offline
                          StangerBanger96S Offline
                          StangerBanger96
                          wrote on last edited by
                          #24

                          I didn't receive a stimulus check either 🙂

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                            Guest
                            wrote on last edited by
                            #25

                            How the hell did you not receive one? listed as a dependent under your parents or didn't file taxes last year?

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                            • StangerBanger96S Offline
                              StangerBanger96S Offline
                              StangerBanger96
                              wrote on last edited by
                              #26

                              I was claimed as a dependent...funny thing is...my parents didn't see a dime back by claiming me either!

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                              • RexwagonR Offline
                                RexwagonR Offline
                                Rexwagon
                                wrote on last edited by
                                #27

                                StangerBanger96;242403 wrote:
                                I was claimed as a dependent...funny thing is...my parents didn't see a dime back by claiming me either!

                                Someone failed at filing

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                                  Guest
                                  wrote on last edited by
                                  #28

                                  what he said^^^ or your parents made more than $150k last year....actually...I'm wrong. If you are over 17 and made more than $3000 of earned income last year, you should have gotten a check. Had I known you haven't gotten yours yet, I would have told you to file for an extension. The deadline to file was yesterday (not even kidding) > www.irs.gov wrote:

                                  Q. I have not yet filed my 2007 tax return. Can I still qualify for a stimulus payment this year?

                                  A. Yes, but you must file a 2007 tax return. The IRS encourages you to file a return even if your income is low or much of your income is tax-free. If you qualify for a payment, you can ensure that you get it by filing your return by Oct. 15, 2008.

                                  Q. What do I need to do to get an economic stimulus payment?

                                  A. All you need to do is file a federal income tax return for 2007. If you requested an extension to file, you will fill out your return, reporting all your income, deductions and credits as you normally would prior to Oct. 15, 2008. <u>Even if you are not otherwise required to file a tax return, you must file a 2007 return prior to Oct. 15, 2008 in order to receive a payment this year.</u> Although some filers, such as high-income filers, will not qualify for a stimulus payment, most will.

                                  The IRS has provided special filing instructions for those who do not otherwise have a filing requirement. This includes low-income workers, Social Security beneficiaries, certain railroad retirees and those who receive certain benefits from the Department of Veterans Affairs. The instructions explain which lines on the tax return the filers need to complete.

                                  You do not need to calculate the amount of the stimulus payment. If you want to estimate the amount of your payment, use the Economic Stimulus Payment Calculator.
                                  If you file a return and qualify for a payment, the IRS will automatically figure it and send it to you. The IRS will also send you a notice showing the amount of your payment. You do not need to call the IRS or fill out any other special forms.

                                  http://www.irs.gov/newsroom/article/0,,id=179181,00.html

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                                  • RexwagonR Offline
                                    RexwagonR Offline
                                    Rexwagon
                                    wrote on last edited by
                                    #29

                                    legacy image

                                    Someone failed

                                    legacy image

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                                    • ParkerP Offline
                                      ParkerP Offline
                                      Parker
                                      wrote on last edited by
                                      #30

                                      yeah we should tax people making more... great idea... like small businesses... getting taxed more would mean they have more money to create** more **jobs right?

                                      10 Jeep
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                                      > BlueSRT0483;244555 wrote:
                                      > As proven by Parker... Not everything you read on the internet is true.
                                      > Trafik Jamz;260984 wrote:
                                      > You are right Parker.

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                                      • StangerBanger96S Offline
                                        StangerBanger96S Offline
                                        StangerBanger96
                                        wrote on last edited by
                                        #31

                                        Actually for my parents to have gotten stimulus money from me I would have had to have been 18 or younger...

                                        I already did plenty of looking and asking around to see if we should refile or whatever so we could get the money. They would have had to refile without me as a dependent and then have me refile and have not been claimed as a dependent...wasn't worth it to us. They also might have earned more than 150 between the two of them, I'm not exactly sure as the last time I knew what my dad made was about 6 years ago and I've never seen what my mom made.

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                                          Guest
                                          wrote on last edited by
                                          #32

                                          Parker;242413 wrote:
                                          yeah we should tax people making more... great idea... like small businesses... getting taxed more would mean they have more money to create** more **jobs right?

                                          No, it's not a good plan, which is why even the democrats in Washington don't think that Bush's tax cuts will ever go away.

                                          BUT, the point I'm trying to make to all the Ron Paul nut swingers on here is that this is EXACTLY what Ron Paul wants to do. Get rid of individual income tax (along with spending cuts....cut 1/3 of the budget...which is a good thing); and then have the corporate tax and all the other taxes that are part of doing business stay. Yet, everybody seems on board with this socialist idea. Why not tax the individuals at a higher rater and get rid of corporate and other taxes for businesses? That seems the most fair....right?

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