At his finest!!!

Discussion in 'Politics and Religion Discussion' started by Bazooka, Jul 8, 2010.

  1. Bazooka

    Bazooka New Member

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  2. Stretch

    Stretch Silver Supporting Members

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    Makes you wonder where our future is headed...
     
  3. BigAl470

    BigAl470 So Long Gay Boys!

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    He has his mitts in the banking industry, the auto industry, Healthcare, I can bet after all this shit in the gulf he will pursue Oil! What’s next? Set salaries, mandatory toyota prius, we already know healthcare will suck…. Don’t drive to much you only get 5 gallons a week……. just when you thought a turd in the punch bowl was bad... Obama!
     
  4. cvp33

    cvp33 Full Access Member

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    If you think Obama is bad, you should've been around for the previous guy:

    1) Runs up largest debt in our history
    2) Channels money to Haliburton so the he and his VP and their families will be set for life
    3) Literally ran our economy into the ground
    4) And my favorite, killed 6,000+ Americans by committing us to a financially crippling and unjust war by lying to the American people.

    Bush IS/WAS that turd and Cheney IS/WAS the punch bowl.
     
  5. Bazooka

    Bazooka New Member

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    What you have done is a rant with absolutely no merit or any fact to back it up.
     
  6. BigAl470

    BigAl470 So Long Gay Boys!

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    1) Obama is on track to make it ten times worse then bush ever did...

    2)be set for life I dont think the Bush family ever needed to be worried about money

    3)funny the economy was in the shiter before he took office because of policy but into play by that dumb ass Clinton... remember it all started with the banks and the loans they handed out to people that couldn't afford it all made possible by good old Bill..

    4)you sound like Obama running for office I promise to get our troops out of this war ASAP and bring them home.. Yeah he is doing a brilliant Job! what do you think the effects would have been if we pulled out after they found no weapons? should we send good old bin laden a sorry note and go about our lives??

    Obama is a smelly turd sitting on the seat of your car in the hot sun even after he is gone that smell will live on...and biden is a complete fucking moron this is fucking huge! what a ratard....
     
  7. DRKNE55

    DRKNE55 The Badguy

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    im sorry dude, if i have met you in person and dont remember....but omfg, you have to be blind and stupid to believe any of the above bullshit. bush and cheney were set for life a long time before GWs presidency. i have read your comments and just not thought to input my opinion on them but this is the last draw. bush didnt run up a debt by subscribing to programs and other shit that wasnt needed. he went to war with two countries that were harboring enemies of the US and committing atrocities against a race of people who couldnt defend themselves.

    ran our economy into the ground? just where in the hell did you come up with this? you my friend have the education of a 10th grader and do not deserve to push your idiocy on any other person here.
     
  8. Muellge

    Muellge the Big Greasy

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    blame bush is old weak sauce and cvp knows that, he's just enjoying getting rise out of folks using old weak sauce As the resident attorney and cpa, I'll give you a glimpse of why we will all have less money next year to pay for modding our cars: just facts, just law, although cvp will still retort with blame bush - weak sauce: Did I say weak sauce cvp, because I meant weak sauce, if you weren't sure.

    Here's the famous pledge from Obumbler:

    "I can make a firm pledge. Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes." -Barack Obama

    now the reality - excerpted from tax article that we stupid tax attorneys read from time to time. I love to argue with bush blamers about taxes in their tin foil hats.

    * * * * *

    ...as of midnight Dec. 31, the death tax returns — at a rate of 55% on estates of $1 million or more. The effect this will have on hospital life-support systems is already a matter of conjecture.

    Resurrection of the death tax, however, isn't the only tax problem that will be ushered in Jan. 1. Many other cuts from the Bush administration are set to disappear and a new set of taxes will materialize. And it's not just the rich who will pay.

    The lowest bracket for the personal income tax, for instance, moves up 50% — to 15% from 10%. The next lowest bracket — 25% — will rise to 28%, and the old 28% bracket will be 31%. At the higher end, the 33% bracket is pushed to 36% and the 35% bracket becomes 39.6%.

    "I can make a firm pledge. Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes." -Barack Obama




    But the damage doesn't stop there.
    The marriage penalty also makes a comeback, and the capital gains tax will jump 33% — to 20% from 15%. The tax on dividends will go all the way from 15% to 39.6% — a 164% increase.
    Both the cap-gains and dividend taxes will go up further in 2013 as the health care reform adds a 3.8% Medicare levy for individuals making more than $200,000 a year and joint filers making more than $250,000. Other tax hikes include: halving the child tax credit to $500 from $1,000 and fixing the standard deduction for couples at the same level as it is for single filers.
    Letting the Bush cuts expire will cost taxpayers $115 billion next year alone, according to the Congressional Budget Office, and $2.6 trillion through 2020.

    But even more tax headaches lie ahead. This "second wave" of hikes, as Americans for Tax Reform puts it, are designed to pay for ObamaCare and include:

    The Medicine Cabinet Tax. Americans, says ATR, "will no longer be able to use health savings account, flexible spending account, or health reimbursement pretax dollars to purchase nonprescription, over-the-counter medicines (except insulin)."

    The HSA Withdrawal Tax Hike. "This provision of ObamaCare," according to ATR, "increases the additional tax on nonmedical early withdrawals from an HSA from 10% to 20%, disadvantaging them relative to IRAs and other tax-advantaged accounts, which remain at 10%."

    Brand Name Drug Tax. Makers and importers of brand-name drugs will be liable for a tax of $2.5 billion in 2011. The tax goes to $3 billion a year from 2012 to 2016, then $3.5 billion in 2017 and $4.2 billion in 2018. Beginning in 2019 it falls to $2.8 billion and stays there. And who pays the new drug tax? Patients, in the form of higher prices.

    Economic Substance Doctrine. ATR reports that "The IRS is now empowered to disallow perfectly legal tax deductions and maneuvers merely because it judges that the deduction or action lacks 'economic substance.'"
    A third and final (for now) wave, says ATR, consists of the alternative minimum tax's widening net, tax hikes on employers and the loss of deductions for tuition:

    • The Tax Policy Center, no right-wing group, says that the failure to index the AMT will subject 28.5 million families to the tax when they file next year, up from 4 million this year.

    "I can make a firm pledge. Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes." -Barack Obama


    • "Small businesses can normally expense (rather than slowly deduct, or 'depreciate') equipment purchases up to $250,000," says ATR. "This will be cut all the way down to $25,000. Larger businesses can expense half of their purchases of equipment. In January of 2011, all of it will have to be 'depreciated.'"

    • According to ATR, there are "literally scores of tax hikes on business that will take place," plus the loss of some tax credits. The research and experimentation tax credit will be the biggest loss, "but there are many, many others. Combining high marginal tax rates with the loss of this tax relief will cost jobs."

    • The deduction for tuition and fees will no longer be available and there will be limits placed on education tax credits. Teachers won't be able to deduct their classroom expenses and employer-provided educational aid will be restricted. Thousands of families will no longer be allowed to deduct student loan interest.

    "I can make a firm pledge. Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes." -Barack Obama


    Then there's the tax on Americans who decline to buy health care insurance (the tax the administration initially said wasn't a tax but now argues in court that it is) plus a 3.8% Medicare tax beginning in 2013 on profits made in real estate transactions by wealthier Americans.

    Not all Americans may fully realize what's in store come Jan. 1. But they should have a pretty good idea by the mid-term elections, and members of Congress might take note of our latest IBD/TIPP Poll (summarized above).

    Fifty-one percent of respondents favored making the Bush cuts permanent vs. 28% who didn't. Republicans were more than 4 to 1 and Independents more than 2 to 1 in favor. Only Democrats were opposed, but only by 40%-38%.

    The cuts also proved popular among all income groups — despite the Democrats' oft-heard assertion that Bush merely provided "tax breaks for the wealthy." Fact is, Bush cut taxes for everyone who paid them, and the cuts helped the nation recover from a recession and the worst stock-market crash since 1929.

    BUT HEY LIBS, IGNORE THIS AND TAX OUR WAY BACK TO PROSPERITY, AND DON'T FORGET, BLAME BUSH WHEN YOU RUN OUT OF THINGS TO SAY.

    Maybe, just maybe, Americans remember that — and will not forget come Nov. 2.