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Americans Want Tax Reform Now |
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Mary008
V.I.P. Member Joined: June 22 2009 Status: Offline Points: 5769 |
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Posted: September 11 2009 at 9:52am |
Americans Want Tax Reform Now
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The Middle class is taxed silly... Enough. ("Uncle")
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Geithner Won't Rule Out New Taxes for Middle Class .......................................................................................... .......................................................................................... August 02, 2009 8:02 AM
To get the economy back on track, will President Barack Obama have to break his pledge not to raise taxes on 95 percent of Americans? In a "This Week" exclusive, Treasury Secretary Tim Geithner told me, "We're going to have to do what's necessary." .......................................................
Something As Important As Health Care!!
.......................................................................... More Tea Parties?
................................ ...................................... ............................................. Jerry Moran: 'We Need to Fix the Tax Code'
VIDEO ............ ..........................................................................................
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Mary008
V.I.P. Member Joined: June 22 2009 Status: Offline Points: 5769 |
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WHEN Will Congress Reform The Darn Alternative Minimum Tax? ....................................................................................................................
Friday, February 25, 2005 ......... AMT forces some to figure taxes twice
.......................................................................... .............................................................................. Friday, February 25, 2005
AMT forces some to figure taxes twice Under alternative minimum tax, those with higher incomes must pay whichever amount is higher.
Knight Ridder Newspapers
Many taxpayers don't realize they're actually supposed to calculate their taxes twice.
After doing it under the regular rules, they're supposed to do it again using Alternative
Minimum Tax rules invented to ensure that wealthy taxpayers pay their fair share.
They owe whichever bill is higher.
The AMT is looming larger for more taxpayers because Americans are making more money
and the AMT system isn't indexed for inflation.
The irony is that each time lawmakers cut regular taxes they push more middle-class Americans
closer to owing the AMT instead.
Congress created the AMT
in 1969 because lawmakers were outraged that
155 taxpayers had paid no federal income tax despite incomes exceeding $200,000. Adjusted for inflation, that's nearly $1.2 million today. (Go After That Figure Today!) Thanks to a congressional patch that modestly boosted how much income is exempt from the AMT through 2005, this tax will mainly target higher-income taxpayers this April 15.
But several items can cause the AMT to pounce unexpectedly on less-affluent taxpayers
who have large families, own homes in pricey neighborhoods, or cash in stock or stock
options.
Barring a significant overhaul in Congress, the
Treasury Department estimates the AMT
will catch 34.8 million taxpayers in 2010 - or one out of every three individual taxpayers.
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Mahshadin
Admin Group Joined: January 26 2006 Location: United States Status: Offline Points: 3882 |
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Mary008 Chill as seen in recent weeks some of the public cant handle (Chewing Gum and Walking at the same time).
To Fast must slow down (Wasnt That The message)
Now you want to throw another big time issue on the table as well.
Yes there are many problems, lets just deal with them one at a time and in short order without panacking anyone out of there witts.
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"In a time of universal deceit, telling the truth is a revolutionary act." G Orwell
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Mary008
V.I.P. Member Joined: June 22 2009 Status: Offline Points: 5769 |
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you bet... Americans are tough :)
57% Would Like to Replace Entire Congress
Sunday, August 30, 2009 If they could vote to keep or replace the entire Congress, just 25% of voters nationwide
/57_would_like_to_replace_entire_congress
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Mahshadin
Admin Group Joined: January 26 2006 Location: United States Status: Offline Points: 3882 |
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Here is another one
Yes the country is upset no doubt about it. We just crashed our economy not long ago, not to many people happy right now.
Notice who has lowest polling!!!!!!!!!!!!!!!!!!!
National
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"In a time of universal deceit, telling the truth is a revolutionary act." G Orwell
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Mary008
V.I.P. Member Joined: June 22 2009 Status: Offline Points: 5769 |
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If anyone in that Congress wants to get back any kind of balance in this Nation.... they need to toss a few carrots at the middle class... it's a no brainer..... pretend it's ....Bonuses guys. The Biggies are all off shore... what is this? A Mega AG plot? with Big Water? What is the PLAN with the Natural gas? Is it being piped to the coast?
Or will we get to use it? No More Nukes.... (now that's chillin :)
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Mary008
V.I.P. Member Joined: June 22 2009 Status: Offline Points: 5769 |
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I would like them to address the tax code.
I remembered the past teaparties... but didn't realize they were still going on.
(what timing) Mahs... did you know about this group?
ABC News
George's Bottom Line
(George Stephanopoulos) Bomb Threat Forces Evacuation of DC TEA Party Planners
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September 11, 2009 4:50 PM "...My colleague, ABC News' Teddy Davis has the story:
Tens of thousands of anti-big government activists are expected in Washington on
Saturday as part of a "March on Washington" being organized by FreedomWorks, a
conservative group headed by former House Majority Leader Dick Armey, R-Texas.
A FreedomWorks staffer told ABC News that the organization's offices at 601 Pennsylvania
Avenue were evacuated on Friday afternoon by DC Metro Police because of a bomb scare.
article cont. here-
http://blogs.abcnews.com/george/2009/09/bomb-threat-forces-evacuation-of-dc-tea-party-planners.html ..........................
Mary008 |
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Mary008
V.I.P. Member Joined: June 22 2009 Status: Offline Points: 5769 |
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and....
The FreedomWorks staffer did not fear for his safety but worried that it was an effort to disrupt the organization's ability to round up activists in advance of tomorrow's "March on Washington" which is expected to bring tens of thousands of activists to the nation's capital. The FreedomWorks staffers says that 50 volunteers were forced to leave the office where they were making calls encouraging people to come to tomorrow's event. .....................................................
That's interesting.... I wonder... who wanted to disrupt their event?
Do we have any idea?
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Mary008
V.I.P. Member Joined: June 22 2009 Status: Offline Points: 5769 |
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See Taxpayers March on DC
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VIDEO HERE
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Mary008
V.I.P. Member Joined: June 22 2009 Status: Offline Points: 5769 |
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It means we also want ... Tax Reform ... And it isn't about the President...
Thousands Rally in Capital to Protest Big Government ..........................................................................................
Mr. DeMint and a few Republican legislators were the only party leaders on hand for the demonstration. Republican officials said privately that they were pleased by the turnout but wary of the anger directed at all politicians. (congress) and... "It’s more than Obama - this isn’t a Republican or a Democratic issue," Ms. Lobbs said as she held a yellow flag that declared, "Don’t Tread on Me."
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Mary008
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Mary008
V.I.P. Member Joined: June 22 2009 Status: Offline Points: 5769 |
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USA USA USA USA USA USA USA
This link was up early this morning... Is it found anywhere now?
Where Can you find this many demonstrators gathering so peacefully?
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Mary008 |
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SheepLady
V.I.P. Member Joined: May 31 2009 Location: PA Status: Offline Points: 302 |
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Wow, Mary, that is incredible!!!
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SheepLady
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Mary008
V.I.P. Member Joined: June 22 2009 Status: Offline Points: 5769 |
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is that power to the people :) I'm small town so that looks like a massive rally to me.
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7laws
Valued Member Joined: April 25 2009 Location: E. Africa Status: Offline Points: 1031 |
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The tax code needs completely remade. I am all for a national sales tax that taxes heavily on high end luxury items and a heavy sin tax. Those who can afford to buy a ferrari will buy it even if it is taxed 100%. The current system punishes the responsible and encourages debt. The IRS is a waste of money. The tax code is rediculous. Whoever thought it would be OK to make it so complicated that people have to hire someone to figure out how much they owe. Those complications lead to loop holes that allow many to not pay anything. Although I do not blame them for not paying or paying very little when I see all the waste. We are heading for corporate socialism. This has been a growing problem for a long time. Leaving the Gold standard 30+ yrs ago was a mistake. Unless there is drastic change soon I am sticking with my 5 year plan of leaving in 5 years. I am not alone. Many of my friends are looking at moving out of the country and taking their money with them. It has just become too much. BTW I am a fan of Obama. atleast he is trying. I would like to see him try harder and risk pissing all of the govt off. That is what the people want, real change, not patches in the dike that is about to burst.
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Mary008
V.I.P. Member Joined: June 22 2009 Status: Offline Points: 5769 |
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Congress needs to do something about the taxes now
I have to raid my poor little IRA to pay my taxes... I have a modest home (pricewise)
and income.. over 10,000 a year taxes .. that is insane. At least in Canada I would get Health Care. NYS needs to get a grip. Wealthy here are pandered to... pay sm. taxes.
So, whats going on in your state?
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Mary008
V.I.P. Member Joined: June 22 2009 Status: Offline Points: 5769 |
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Property taxes: Where does your state rank? - MSN MoneyThe best and worst states for taxes - MSN MoneyTaxes by StateNew Jersey has the Highest Property Taxes in the Nation ...Who Pays America's Highest Property Taxes? - Forbes.comWhere Americans Are Taxed Most - Forbes.comCNNMoney.com: Taxes by state 2005, by ratehomeowners: does the no state income tax offset the high property ...States try to calm ire over high property taxesTaxProf Blog: Property Taxes: High in Blue States, Low in Red StatesI propose that high property taxes are good for the Texas state economy. It costs money to live in Texas. Even apartments must pass along the property tax. ... taxprof.typepad.com/taxprof_blog/2008/09/property-tax-ra.html - Similar |
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