It's official, Obama is full of it

[TAB]

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?

I have.  Long story short, 4 kids, the husband ran off and left them.  They lost just about every thing, went on welfare, could not find job.  35 not worked in 15 years, HS diploma, 4 kids, no car... yeah good luck getting a job in this econ.  She wanted to work, was willing to do anything.  I gave her a chance( my partner didn't want to), she is now a tech  makes $18 a hour, moved into a 3 bed duplex.  I'm sure its a strech to make ends meet, but she is doing it.   Her  saying: "I am willing to learn and do anything to make the lives of my children better..."  is what got her the shot

[Timothy]

Good for you!

Charity begins at home!  It's not the governments or taxpayers problem!

[Solus]

I have.  Long story short, 4 kids, the husband ran off and left them.  They lost just about every thing, went on welfare, could not find job.  35 not worked in 15 years, HS diploma, 4 kids, no car... yeah good luck getting a job in this econ.  She wanted to work, was willing to do anything.  I gave her a chance( my partner didn't want to), she is now a tech  makes $18 a hour, moved into a 3 bed duplex.  I'm sure its a strech to make ends meet, but she is doing it.   Her  saying: "I am willing to learn and do anything to make the lives of my children better..."  is what got her the shot

Very good TAB!!  You are a lucky man.  Not only did you turn up a good employee, you get to see the result of your kindness.  I'd bet you have become a Hero to those folks. 

You will do a much better job at picking the winners out of your local pool of those needing help than any state of federal agcency.

[Timothy]

The thing that sucks about the unemployed is the HR people are not even interested in looking at resumes of the unemployed anymore.  Some are actually stating that on their job listings and there is nothing illegal about the practice nor do I think it should be illegal. 

The sooner I find a job, the better it will be but we're in such a mess because of the Bolsheviks in D.C. that we'll probably be looking at a long vacation for me.  I'm fine for at least a year as my unemployment and my wifes' disability afford me that luxury, after that it's bankruptcy and whatever I need to do to pay what bills I have left.  I can live on less than half what I was making and that's what most of us should focus on!

Needs will always come first!  Wants are something we can do without...

[Solus]

The thing that sucks about the unemployed is the HR people are not even interested in looking at resumes of the unemployed anymore.  Some are actually stating that on their job listings and there is nothing illegal about the practice nor do I think it should be illegal. 

The sooner I find a job, the better it will be but we're in such a mess because of the Bolsheviks in D.C. that we'll probably be looking at a long vacation for me.  I'm fine for at least a year as my unemployment and my wifes' disability afford me that luxury, after that it's bankruptcy and whatever I need to do to pay what bills I have left.  I can live on less than half what I was making and that's what most of us should focus on!

Needs will always come first!  Wants are something we can do without...

It's a "buyer's market" in jobs and the employer doesn't need to look at what they consider to be "someone's rejects" to find qualified folks looking.  Might not seem fair, and maybe not wise since they could be weeding out the best fit for the position, but with every unemployed person who is desperate to find any job, they will be getting a lot of applications from those who are far from qualified.  They are trying to shorten the application review time by not accepting all those from the unemployed.

[Sponsor]

[Timothy]

It's a "buyer's market" in jobs and the employer doesn't need to look at what they consider to be "someone's rejects" to find qualified folks looking.  Might not seem fair, and maybe not wise since they could be weeding out the best fit for the position, but with every unemployed person who is desperate to find any job, they will be getting a lot of applications from those who are far from qualified.  They are trying to shorten the application review time by not accepting all those from the unemployed.

True enough!

There is no such thing as "fair" in the business community.  I knew this fact before I volunteered to be let go but it was the lesser of two evils.  I made a mistake by going to work for the guy a year ago but I got out with a fat unemployment check rather than a kick in the ass or a few nights in jail.  I don't even have to accept an offer of re-employment from the asshat because the company I worked for has been closed and no longer in business.

[kmitch200]

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.

Epic fail.
Single earners making $0-$8500 are taxed at 10% now.  $8500-34,500 pay 15%.
They would PAY LESS TAXES.
The less they buy, the less they pay in sales taxes and it would be a hell of a lot less than the 1 - 6% difference in their salary withholdings.

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

Another fail. Do you pull these ideas out of thin air???
$34,500-83,600 pay 25% now. 83,600-174,400 pay 28%. (again, single - married 28% is $139,350 – $212,300)

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

Two working married people making under 140k combined is "rich"? (the above 28% rate)
People making $174,400 – $379,150 are now taxed at 33%.
Single 35% bracket is $379,150+.
These folks will pay less - (along with everyone else) - frees up some money for spending and hiring doesn't it?

Tell me again why this is a good idea?

People will be paying a SMALLER PERCENTAGE of their income. More money to spend = economic growth.
The 9% on sales will get at least something from the leaches that sling dope and buy $30,000 cars with $10,000 stereos but don't have any legal "income" to report. It will also get something from the 12 million illegals living in this country.
Right now we get dick.

Tom I've heard that, but no one has ever explained how they came up with that.

It's very simple - make huge money, pay huge taxes.
The ones that do make the big bucks pay HUGE amounts in taxes compared to those that pay little or nothing. They pay the lions share percentage of what is collected. You can figure out the difference between 10% of not a whole lot and 35% of a LARGE amount.

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.

Cry me a river. Any business that pays taxes has FAILED Business 101.
Business does not pay taxes or operating costs - THE CUSTOMER DOES!!
Any businessman that takes his money out of his pocket to pay business taxes is an idiot closing in on bankrupcy.
 

[Timothy]

Kmitch...I'm not arguing with your numbers but my AGI last year was two bucks under 73K and I paid $7,304.00 in federal taxes on my household income.  I don't know where you're getting the 25% bracket from.  My taxable income was 55K and still not near 25%.

[Solus]

Anything that keeps cash out of the governments hands is a good thing.  Whoever has it will make better use of it than the government. 

I think that 5% income tax for individuals would  be sufficient....everyone would save.

$500/mo (or another good number, and maybe another minimum number for utilities)  deducted from everyone's income for rent/mortgage payment.  No extras for married and number of kids.  If you have kids you need to plan how to pay for them ahead of time.

Food is sales tax free.

The low income get the minimum necessities tax free, but they still have to earn it.

The more well to do folks will be taxed on what they spend above those minimums.

[kmitch200]

Kmitch...I'm not arguing with your numbers but my AGI last year was two bucks under 73K and I paid $7,304.00 in federal taxes on my household income.  I don't know where you're getting the 25% bracket from.  My taxable income was 55K and still not near 25%.

I forgot to ad a link to the site I was looking at, my bad. The numbers in my post are 2011 rates.

This isn't the same site but here is a rate link:
http://www.efile.com/tax-service/tax-calculator/tax-brackets/