Obama wins again...

[newcastlefan]

yeah, this is not news. obama wins, america loses. it's ponderous, but true. the country elected someone as president who hates the country. twice.

but its ok to hate the country as long as you love jesus

[racerx]

yeah, this is not news. obama wins, america loses. it's ponderous, but true. the country elected someone as president who hates the country. twice.

the person you voted for, agrees with the person you say hates the country based on this bill.
you keep voting for people who agree with the people you claim to hate, then you wonder why nothing changes, even if person you vote for wins.
stand up for your principles, if you have any

[Bosch76]

the person you voted for, agrees with the person you say hates the country based on this bill.
you keep voting for people who agree with the people you claim to hate, then you wonder why nothing changes, even if person you vote for wins.
stand up for your principles, if you have any

They can't. Doing so would get them executed by the government as a traitor, because that's what they are.

[MatthewT]

but its ok to hate the country as long as you love jesus

it's mandatory

[MatthewT]

the person you voted for, agrees with the person you say hates the country based on this bill.
you keep voting for people who agree with the people you claim to hate, then you wonder why nothing changes, even if person you vote for wins.
stand up for your principles, if you have any

you know who i voted for?

[InstigatinMofo]

Here are some details on the legislation:


• Families with incomes above $450,000 a year and individuals above $400,000 will see their tax rates permanently rise to a Clinton-era top rate of 39.6 percent from 35 percent. All income below those levels will be permanently taxed at the current Bush-era levels, although tax deductions and credits would start phasing out on incomes as low at $250,000 a year.
• Capital gains and dividends will be permanently taxed at 20 percent for those with income above the $450,000/$400,000 threshold. The tax rate will remain at 15 percent for everyone else.
• The estate tax will be pegged at 40 percent for those at the $450,000/$400,000 threshold, with a $5 million exemption. That threshold will be indexed to inflation, as a concession to Republicans and some Democrats in rural areas.
• The $100 billion in across the board cuts or “sequester” will be postponed for two months. Half of the delay will be offset by discretionary cuts, split between defense and non-defense. The other half will be offset by new revenue.
• The Alternative Minimum Tax will be permanently patched to avoid impacting middle-income Americans.
• A full package of temporary business tax breaks — benefiting everything from R&D and wind energy to race-car track owners — will be extended for another year, as will tax credits for low-income working families.
• A full-year’s extension of unemployment insurance for nearly 3 million Americans.
• Elimination of a two-percent payroll tax holiday.
• Scheduled cuts in Medicare reimbursement payments to doctors will be avoided for a year through alternative but unspecified savings.
• A nine-month extension of the farm bill.
• No decision was made on raising the debt ceiling.
source

• Phase out of the personal exemption for those making $200,000+ (or total household income of $250,000)
• Reduced itemized deductions for those making $200,000+ (or total household income of $250,000)
• Deduction for $250 of teachers' classroom expenses.
• The American Opportunity Tax Credit a dollar-for-dollar credit is worth up to $2,500
source






“You can always count on Americans to do the right thing - after they've tried everything else.”

• Winston Churchill

[MatthewT]

hey, here's a crazy thought; instead of trying to duplicate the Clinton era tax rates, how 'bout we duplicate the Clinton era government spending rates?