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Author Topic: It's official, Obama is full of it  (Read 6424 times)

TAB

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Re: It's official, Obama is full of it
« Reply #10 on: October 10, 2011, 12:02:17 PM »
Quote from: kmitch200 on October 10, 2011, 11:47:15 AM
In what way?

The poor pay no federal tax( infact they normally get more then thier withholding back), under his plan they would pay 9% tax+ the sales tax.

The middle class pays very little federal tax, they would now have to pay 9%

The rich pay about 30% federal tax, that would now become 9%.  They would pay less.


Tell me again why this is a good idea?
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Majer

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Re: It's official, Obama is full of it
« Reply #11 on: October 10, 2011, 12:06:30 PM »
Maybe because we have the richest poor people in the word.They have money for tattoos, gold teeth, diamond ear rings, big screen TV's,better cars than I can afford,etc.etc.
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tombogan03884

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Re: It's official, Obama is full of it
« Reply #12 on: October 10, 2011, 12:10:54 PM »
TAB, I remember reading some where that the top 10% of earners, the so called "Rich", pay over 75% of tax revenues collected.
Their investment capital also provides about 75% of the money borrowed by people like you who create jobs.
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TAB

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Re: It's official, Obama is full of it
« Reply #13 on: October 10, 2011, 12:16:35 PM »
Quote from: Majer on October 10, 2011, 12:06:30 PM
Maybe because we have the richest poor people in the word.They have money for tattoos, gold teeth, diamond ear rings, big screen TV's,better cars than I can afford,etc.etc.

you forgot cell phones, cable, and several other simlar services.

 drives me nuts.  


I love when I'm at a gas station in my 84 ford truck with 460k+ miles on it and I get asked for gas money, you look over and they are driving some 20XX car.


On the cell phone point, I wonder how much the people that actually pay thier cell phone bill is raised by those that don't.   we pay just under a grand a month for cell phones( company)

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TAB

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Re: It's official, Obama is full of it
« Reply #14 on: October 10, 2011, 12:27:24 PM »
Tom I've heard that, but no one has ever explained how they came up with that.


Something else to think about, with a sales tax, the more you consume the more you pay.  Sounds great right?

nope, there are tons of professions/trades/industrys out there that consume alot.  So now your hurting people( many of which are selfemployeed/small biz owners and even big biz) for thier choice in occupation.
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Sponsor

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Re: It's official, Obama is full of it
« Reply #15 on: Today at 02:11:17 PM »
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Timothy

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Re: It's official, Obama is full of it
« Reply #15 on: October 10, 2011, 01:29:34 PM »
Quote from: Majer on October 10, 2011, 12:06:30 PM
Maybe because we have the richest poor people in the word.They have money for tattoos, gold teeth, diamond ear rings, big screen TV's,better cars than I can afford,etc.etc.

Bingo!

My understanding is that 9% is INCOME tax so the poor would pay nothing if they aren't earning their money.  The next 9% would be a corporate tax and the last a national income tax of 9% which would replace the state tax which is nearly 7% in the northeast except for NH.  An additional 2 or 3% on consumption wouldn't hurt anyone who's not making money or living on assistance.  Anything they get is just someone else money anyway.  Maybe they would lose a few pounds..

I'm no economist but if you cut the corporate tax from 35% to 9% you WILL CREATE JOBS in the United States!
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TAB

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Re: It's official, Obama is full of it
« Reply #16 on: October 10, 2011, 01:33:35 PM »
do you really think the states are going to give up thier sales tax?

If so I currently having a sale on beach front property in AZ... cheap and mexican free.
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Timothy

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Re: It's official, Obama is full of it
« Reply #17 on: October 10, 2011, 01:38:46 PM »
Quote from: TAB on October 10, 2011, 01:33:35 PM
do you really think the states are going to give up thier sales tax?

If so I currently having a sale on beach front property in AZ... cheap and mexican free.

No I don't.  I never said I agreed with the 9-9-9...just making a point that worrying about the poor, who pay no f*#king tax anyway is what got us to the current mess we're in!  Give them a job if you're worried about their welfare!
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TAB

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Re: It's official, Obama is full of it
« Reply #18 on: October 10, 2011, 01:44:46 PM »
Quote from: Timothy on October 10, 2011, 01:38:46 PM
No I don't.  I never said I agreed with the 9-9-9...just making a point that worrying about the poor, who pay no f*#king tax anyway is what got us to the current mess we're in!  Give them a job if you're worried about their welfare!

So its wrong for me to want to help those that have less then me?

( My net worth is about - 2 mil, any one want to trade?   ;)  )

Lets be clear, I'm not talking about the leachs.  I'm talking about the ones that are trying to make it or have had some bad luck( you know car wreck, get sick, laid off... etc)  I'm all for doing what ever I can to help the ones that are trying to help themselfs...
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Timothy

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Re: It's official, Obama is full of it
« Reply #19 on: October 10, 2011, 01:50:20 PM »
Quote from: TAB on October 10, 2011, 01:44:46 PM
So its wrong for me to want to help those that have less then me?


Lets be clear, I'm not talking about the leachs.  I'm talking about the ones that are trying to make it or have had some bad luck( you know car wreck, get sick, laid off... etc)  I'm all for doing what ever I can to help the ones that are trying to help themselfs...

No I don't have a problem with helping the less fortunate but they are not the majority of the folks on welfare.  My wife is disabled, I'm currently unemployed and welfare is the last option, if ever, that I would consider.  The folks running the show are making a lower class larger by giving them what they need, not the hand up that would make them self sufficient and not leeching off the rest.

You're an employer, would you hire someone who needed a job to get them off of welfare and train them?
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