Posted on 11/11/2012 9:58:55 AM PST by i88schwartz
Hmmmm....
Naw....
Uh yea.
Like Obama smugly said “It’s a math problem” Something his kids apparently do better than he.
There is a huge chasm between $250k and $1million.
Is it a tax on millionaires, those making $1million or do words have any meaning at all?
Dang it. I hate to agree with him, but he might be on to something. I think it’s something like 75% of the millionaires and billionaires vote Democrat. The Democrats are great at frightening Republicans.
“We’re socialists and we’ll put you in work camps.! Don’t look at the fact that the majority of millionaires and billionaires support us! You should fight to protect their money!”
By golly, let’s see what happens. He may really be onto something. The Democrat leaders are just a bunch of grifters. They’d tell you it was raining on a sunny day if they thought they could pick your pocket while you were putting up your umbrella.
“Let people float new ideas...”
Here’s a NEW idea that nobody inside the beltway ever considers - cut your effing spending, quit buying votes with pork barrel handouts, and stop thinking that every penny in the entire American economy belongs to you government a-holes to do with as you please!!!
Let’s tax Hollywood liberals. Let’s tax every rich fool who supported Obama. They’re the ones who want the spending. In the real world, if you want something, you have to pay for it.
What about farmers? What about small businesses? Should we raise their taxes too? How is that helpful to the economy?
The AMT deduction for 2012 is around $33,000 for a single filer. The standard deduction for a single filer in 2012 is $5,950. So anyone who has lots of itemized deductions that exceed $5,950 (mortgage interest and state/local taxes, for example) under their normal tax bracket, the AMT deduction may actually exceed these by a wide margin.
Keep in mind that nobody "saves" taxes under the AMT. Each taxpayer is required to do a separate calculation to see if they owe more under the AMT or under their normal tax bracket, and they pay the higher amount. But if you do end up paying the AMT, you have a huge incentive to change your financial circumstances because you lose out on those itemized deductions anyway.
As an FYI ... this is exactly what precipitated the collapse of the housing market in California in 2007 -- more than a year before it rippled across the entire U.S. Astute financial advisors were telling their high-income clients in California to sell their homes and either rent instead, or move somewhere else. Once these people ended up in the AMT bracket, they lost their deductions for mortgage interest (on expensive homes) and state/local taxes (which are ridiculously high in California).
give obambi everything he wants for the next two years
and let the people see the results
then maybe we can get a rupublican house AND senate
The Law of Unintended Consequences, ain’t it a bitch?
Hell no!!! The last thing we want is to give Obama bipartisan cover for what they are about to do to the country.
Most family farms (and many small businesses) are “millionaires” on paper. Do we want them brought down?
One must wait for the right time to strike. Our time will come and “real tax reform” will pass. It is not now. This time must be used to “solidify” our political position. NOT to fight losing ideology battles that weaken us politically.
In other words, GOP must simply play politics for the near future, until 2014 elections. Then, use 2016 for sweeping change.
all politicians and media jockeys pay 100% of their income and lobbying money they get as a tax. see that is one way to get politics to become honest. You cannot go into it to get rich, you just get poorer A Public Servant should be just that a servant. I know some will say no income will cause for corruption and greed. With an extravangant income it has not stemmed the tide of corruption either!
It’s also funny that Kristol referred to people making $250k a year as “millionaires”.
Kristol just doesn’t get it. He never will. He’s not the only one.
It’s decades past time to get that little f’r off television.
Why is he even there? He always supports positions that are synonymous with the Democrat position. He tweaks them a bit, so they sound less intrusive, and then backs them even though they lead to the same damned place that Democrat policy does.
The RNC should declare it loud and clear that Kristol does not speak for the Republican party. He is a shill for the Left, that they place on camera so no actual Conservative gets air-time.
Is this it? The RINOs have the last word now?
The GOP is a spent force at the national level.
Soap box, ballot box, it may be time for the ammo box and CW2.
I run a production facility in Hollywood, who know there were more of us on FR!..We need to get our heads together and take this country back in 2016..The GOP has a “marketing” problem..we have the right pre-production, we have the right budget for production but our post-production (how our message is delivered and executed) ruins the entire project!
I agree FRiend. The message is sound as it is. It’s the white noise that the MSM blankets all over that it the problem but is not difficult to solve.
I was just talking to an ex-Yahoo guy (he’s GOP) that relaying the conservative message in a subtle manner such as Yahoo or Mail.com (run by AP) is a surefire way to cut into the white noise. Offering free e-mails, then seeing the lib news is annoying to most people but if it were FR-sourced articles, it educates the masses as well.
On a business-related matter, don’t even try negotiating with Universal or it’s divisions, I have a better time teaching my dog how to do calculus.
Thanks—interesting.
Bill Kristol is truly the weakest sister of all the weak sisters in Washington who crumble in the face of the least whiff of resistance to a given position. He’s about as reliable as the wind, which blows wherever it wishes to blow. Kristol also blows where he wishes to blow without regard to principle.
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