Election 2008 - who will get your vote?

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[Post New]02/17/2008 15:24
Anonymous
Sorry for typos above--I just get so annoyed at the liberals my fingers fly before I hit spell check.
[Post New]02/17/2008 16:42
Anonymous
Actually, 15:21, you'd probably like the tax foundation folks a whole lot. I can promise you. You DON'T pay nearly 40%, because the top rate is less than that, and you only paid that much on some of your income. Furthermore, as a percent of income, your family paid WAY less than your housecleaner in payroll taxes. She paid it on all her earnings. You and your spouse only on the first $100k or so per earner.

There's a huge difference between marginal rates and average rates. Learn some math.

I'm sorry you are so angry about everything.
[Post New]02/17/2008 17:00
Anonymous
Actually, as a Maryland resident we do pay nearly 40%. Married couples with two earners can pay full or nearly full SS taxes on both incomes, plus the highest marginal rates, plus the MD and MoCo taxes. PLUS, our childcare is paid for in after tax money. Oh, and we income out of the economic stimulus package. Pretty awful. Obviously, if it is a single-earner family, this is different. Just wanted to point that out.
[Post New]02/17/2008 17:24
Anonymous
From White House Website.

President and Mrs. George W. Bush reported taxable income of $642,905 for the tax year 2006. This resulted in a total of $186,378 in federal income taxes paid by President and Mrs. Bush.

Thus, around 30% of taxable income. Taxable income is smaller than adjusted income, or gross income. The Bushes earn a lot. If your taxable income was less than theirs, so was your average tax rate.
[Post New]02/17/2008 23:39
Anonymous
Trust me, I know what I pay in taxes. Perhaps the Bush Family is paying the 15%Capital Gains tax, not income tax on their income above george's $400 K salary. I know Laura doesn't get wages, and she also doesn't pay SS taxes. DH and I both pay SS to the max, and have no income at the lower 15% rate, because we have no investments.

We're dems, and don't generally complain about taxes. Just wanted to correct record.
[Post New]02/17/2008 23:47
zumbamama
Member Offline
I'm an undercover Obamamama.
[Post New]02/18/2008 18:05
Anonymous
to 23:39 - you need a better financial adviser then.
[Post New]02/18/2008 22:21
Anonymous
Financial advisor told me to stop working- we lose 20K a year so I can maintain my career (my entire salary is taxed at 40%, then add cost of childcare, weekly cleaning and summer lawn care service and work expenses from after tax money). I would prefer a tax system that treats married and single women the same, as my career is important to me, and I prefer it to being a SAHM (personal decision I know). FedGov and StateGov punishes me for that.
[Post New]02/19/2008 00:55
Anonymous
PP is correct about marriage penalty. Tax system is a boon to couples where one spouse stays home or make significantly less than other but a disaster for couples with relative income parity.

Some "fixes" to it have been made, such as standard deduction now for couples is (I believe) double that for singles, but when it comes to the big killer, the marginal tax rate, dollar one of the 2d earner's income is still essentially taxed at the highest rate applicable to the 1st earner's income.

There are other legal, tax and economic benefits that come with marriage so you could argue it comes out in the wash. However, my take on it is that when society sets up financial disincentives to work this leads to trouble. There needs to be some acknowledgement that you cannot tax to the sky without at some point discouraging work.

There is no question that as more women have better paying jobs that PP's situation is going to become more common. The thing is most people in her shoes likely don't keep working when the numbers don't add up -- and that's lost tax revenue for everyone.
[Post New]02/19/2008 09:19
Anonymous
Anonymous wrote:I don't know what the tax foundation is but it's not accurate--I can assure you that we pay a ton of money in taxes. My only thought is possibly this is tax on passive income and not for generated work. Oh if only I had to pay only 15%--what joy. Instead I am very very close to 40--of course if Hillary or Obama get in this will go up up up for me since apparently I am not paying enough and need to support more losers. Sorry can't call me entitled, came from middle class and have worked my axxxxxxxxxx off for years only to have to listen to Democrats complain that I don't pay enough. I find it interesting that the people who are for higher taxes would freak if they were taxed more. Remember already the lowest 40% pays no taxes except payroll and SS etc. Oh yes SS, I remember with glee the idea of making personal SS accounts that way it would be more dificult to comandeer from me when the day comes that a democrats decided that I make too much and can just forgoe all the years I have been contributing to ss so some loser who is pertpetually unemployed gets my benefits. And if you are on welfare--own it, you are a loser. Sorry but I would pick xkldkjfsldfjs on the street before I would take a dime from the government. I do remember what it is like to lose a job on a restructure and you know what-I got odd jobs and waitressed while I made my next opportunity. I did not take one dime of unemployement even though it was my right. I felt like a loser taking a handout and decided I would rather have two stinky jobs to make my former income than be a loser. I think it motivated me to get my as...... out there. Oh course there is no stigma to welfare and other loser programs--food stamps are not on some kind of credit card looking system so people won't be embarrassed. Well you should be embarrassed, it will help you get motivated to get moving and moving on up. Good lord-even lady's who clean in my neighbord clear 200 a job--can you imagine if they cleaned two houses a day, five days a week. That doesn't sound poor to me. Might not be your ideal job but it is creating income.


So the tax foundation is wrong because you happen to pay more? The tax foundation is an average, it's not about you. And you don't seem to understand tax rates.
[Post New]02/19/2008 14:41
Anonymous
poster may not understand tax foundation, but clearly understands what a "handout" is, and is basically pissed about it. I totally agree with poster. I don't want one dime of my hard earned money or my DH money taxed to help some loser that refuses to work. It is bull!@#! Clean houses, they do make a lot of money. People pay more for their cleaners than their nannies. That is another job welfare collectors could do, become a nanny, yard man/women, What ever, just work. I wish there were two pots for taxes, Liberals could pay for all the hand outs, and the rest of us could use our taxes for more useful things like ...well I will not get into that right now.
[Post New]02/19/2008 15:14
Anonymous
I wish there were two pots for taxes, Liberals could pay for all the hand outs, and the rest of us could use our taxes for more useful things like ...well I will not get into that right now.


I, as a "liberal", would be happy to pay for all the social welfare programs, IF you, as a non-liberal person of some sort, would pay for all the wars that are started.

Deal?
[Post New]02/19/2008 17:46
Anonymous
Anonymous wrote:
I wish there were two pots for taxes, Liberals could pay for all the hand outs, and the rest of us could use our taxes for more useful things like ...well I will not get into that right now.


I, as a "liberal", would be happy to pay for all the social welfare programs, IF you, as a non-liberal person of some sort, would pay for all the wars that are started.

Deal?

sounds great to me.
[Post New]02/19/2008 18:51
Anonymous

I wish there were two pots for taxes, Liberals could pay for all the hand outs, and the rest of us could use our taxes for more useful things like ...well I will not get into that right now.


I, as a "liberal", would be happy to pay for all the social welfare programs, IF you, as a non-liberal person of some sort, would pay for all the wars that are started.

Deal?


sounds great to me.


I can tell you who of the two of us will have a higher tax rates, and it isn't the so-called tax and spend liberals!
[Post New]02/19/2008 20:32
Anonymous
Anonymous wrote:

I wish there were two pots for taxes, Liberals could pay for all the hand outs, and the rest of us could use our taxes for more useful things like ...well I will not get into that right now.


I, as a "liberal", would be happy to pay for all the social welfare programs, IF you, as a non-liberal person of some sort, would pay for all the wars that are started.

Deal?



sounds great to me.


I can tell you who of the two of us will have a higher tax rates, and it isn't the so-called tax and spend liberals!

I don't have a problem paying taxes, even more taxes, I have a problem with my taxes paying for someone to sit on the ass and do nothing buy leach off this country.
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