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Lots of Tax Hikes Coming in 2011
Kiplinger News ^ | 4-30-2009 | Joan Pryde

Posted on 04/30/2009 11:32:50 AM PDT by My Favorite Headache

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1 posted on 04/30/2009 11:32:50 AM PDT by My Favorite Headache
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To: My Favorite Headache

Raising taxes, within our present Federal Revenue system, will only make the problem worse.

We must stop spending NOW and replace our present the tax system with either a flat tax OR the “Fair Tax”.


2 posted on 04/30/2009 11:45:52 AM PDT by SatinDoll (NO Foreign Nationals as our President!!)
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To: My Favorite Headache

I suspect there is an unintentional and partly subconscious groundswell of people trying to reduce “taxable” income and “taxable” spending. I am one of them. It was subconcious until I caught myself thinking that way.

It will have an impact. Craigslist and garage sales are gonna explode.


3 posted on 04/30/2009 11:46:08 AM PDT by RobRoy (I'm wearing a cast on one hand. My spelling and clarity may not be up to par right now.)
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To: My Favorite Headache

*sigh*

Even educated journalists miss the obvious!

When the 2003 tax cuts expire at the end of 2010, the federal income tax rates go back up to higher rates of the year 2000. Low income, middle income, high income will all get instantly hit with higher federal income taxes.

Everyone!!!


4 posted on 04/30/2009 11:46:27 AM PDT by avacado
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To: SatinDoll

Fewer government services would be nice. They could start by abolishing the NEA and lots of federal departments and other state and local services.


5 posted on 04/30/2009 11:47:26 AM PDT by RobRoy (I'm wearing a cast on one hand. My spelling and clarity may not be up to par right now.)
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To: RobRoy

Yah...let’s start holding our breath on that one.


6 posted on 04/30/2009 11:52:42 AM PDT by My Favorite Headache (An oath to a liar is no oath at all)
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To: RobRoy

I agree.

Congress can regulate commerce, and therefore transportation - ports, highways, waterways, and the airways - which only makes sense.

But there is no Constitutional requirement for the Feds to have a Department of Education or of Human Services. This is just for starters, I’m sure you can add hundreds more.


7 posted on 04/30/2009 11:55:01 AM PDT by SatinDoll (NO Foreign Nationals as our President!!)
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To: My Favorite Headache

“Businesses can expect a mixed bag of hikes and cuts, but with a higher total tax bill.”

Which of course keeps the lobbying spigot wide open...


8 posted on 04/30/2009 11:58:39 AM PDT by Pessimist
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To: RobRoy

During the Depression, many barter and script systems were set up.
The 74% tax rate only applied to one person, J.Rockefeller, because he was the only one who made so much money he couldn’t find enough safe havens.
The problem the ‘progressives’ don’t realize is when you try to ‘eat the rich’, they know when to get off the plate.
Many small businesses see the writing on the wall and are going into ‘slow roll’ as they know what happens in the private sector when the public sector runs wild.


9 posted on 04/30/2009 12:43:05 PM PDT by griswold3 (a good story is more compelling than the search for truth)
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To: My Favorite Headache

So how do we stop it? http://pushbackuntil.com

We, the people, have to take our country back from an inept and irresponsible Congress.


10 posted on 04/30/2009 12:54:45 PM PDT by DennisR (Look around - God gives countless, indisputable clues that He does, indeed, exist.)
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To: SatinDoll

...and that is why we, the people, have to start pushing back. We will not take “No” for an answer.

http://pushbackuntil.com


11 posted on 04/30/2009 12:56:42 PM PDT by DennisR (Look around - God gives countless, indisputable clues that He does, indeed, exist.)
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To: SatinDoll
"But there is no Constitutional requirement allowance for the Feds to have a Department of Education or of Human Services"
12 posted on 04/30/2009 12:58:45 PM PDT by Sir Gawain ("Let every man make known what kind of government would command his respect" - Thoreau)
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To: My Favorite Headache

How in the world is Obama going to be able to do that and get elected in 2012? I don’t quite understand the logic.


13 posted on 04/30/2009 12:59:48 PM PDT by truthandlife ("Some trust in chariots and some in horses, but we trust in the name of the LORD our God." (Ps 20:7))
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To: truthandlife
Ever heard of "ACORN?"
14 posted on 04/30/2009 1:18:53 PM PDT by goodnesswins (Free Speech for THEE, but NOT for ME????)
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To: truthandlife

Millions of illegals, who do not speak English, will be legal voters and indebted to him. ACORN has been given billions in these packages, of coure for the next election cycle preparation. The endless drone of speeches that say what a good job they are doing....if you repeat something long enough people will believe it, and the Koolaid will be limitless.


15 posted on 04/30/2009 3:46:24 PM PDT by Kackikat (It isn''t over till it's over, and it s not over yet.....when the TRUMPET sounds I'll be gone...)
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To: My Favorite Headache

Geesh. Who could have guessed?


16 posted on 04/30/2009 3:49:23 PM PDT by Skooz (Gabba Gabba we accept you we accept you one of us Gabba Gabba we accept you we accept you one of us)
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To: My Favorite Headache

Face it. We are all going to be slaves to taxes. Why? because there is nothing happening to change that fact.

The GOP is dead and nobody is going to fight what is coming. Why? because they have already swallowed the the new new deal without a fight.

I love the tea parties and even participated, but some timed tea parties cannot stop the daily onslaught of the evil that is going on now.


17 posted on 04/30/2009 3:54:36 PM PDT by dforest
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To: RobRoy
I suspect there is an unintentional and partly subconscious groundswell of people trying to reduce “taxable” income and “taxable” spending.

You've joined Operation Thrift. I believe most people know what's coming, and they don't want to be responsible for contributing to any of it. (It's like paying tithes to Satan.)

18 posted on 04/30/2009 4:10:11 PM PDT by concerned about politics ("Get thee behind me, Liberal")
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To: griswold3
During the Depression, many barter and script systems were set up.

Those with no debt did best. They were the new rich. The rest lost everything.

It would also be a good idea to acquire knowledge, a craft, right now as well. It could be the most valuable thing you own during hard times.

Instead of buying, pay of your debts. You'll be much better off because of it.

19 posted on 04/30/2009 4:26:43 PM PDT by concerned about politics ("Get thee behind me, Liberal")
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To: concerned about politics

“Those with no debt did best. They were the new rich. The rest lost everything.”

Debt slavery is no way to live.

I think it’ll be real interesting to see how this all works when people start getting in the habit of using cash instead of credit cards.


20 posted on 04/30/2009 5:14:49 PM PDT by RKBA Democrat (Lord Jesus Christ, Son of God, have mercy on me, a sinner!)
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