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Who here is voting for Obama?

  • DickMcJunkin said...

    The internet is surrus as hell

    Ha ha ha.

    I urgree. Too minny peeples carrying too much about wut happens.

    You got that, right?

    Playsignature image

    mpcoan

  • Me.

    signature image

    #DicedPineapples

    shavisimo2 ●

  • mpcoan said...

    Ha ha ha.

    I urgree. Too minny peeples carrying too much about wut happens.

    You got that, right?

    Yoo tryna se I cant reed?

    signature image signature image

    coo yo hood entertainment... yohoodent.com

    DickMcJunkin

  • More than 50% of US households don't pay a dime in federal income tax. How about everyone starts contributing instead of blaming the people that do.

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    MoreNCsThanU

  • MarineMountie said...

    Probably me. Not 100% yet, but I'm leaning that way.

    This.

    Buddynole

  • MoreNCsThanU said...

    More than 50% of US households don't pay a dime in federal income tax. How about everyone starts contributing instead of blaming the people that do.

    Up you heard it here first...

    If they have to pay taxes, they'll be pissed..

    Lemme see... so if I make 50k a year I should pay about 3 0 percent, but if I make 2 million a year it should be about half that

    Knock it off, re re

    You're either middle to middle Low... You shouldn't want them to ride on your back... They already get every other damn corporate welfare

    signature image signature image

    coo yo hood entertainment... yohoodent.com

    DickMcJunkin

  • dont think i will shrug

    signature image

    shoeless7777 ●

  • Preach on brother.

    supercat

  • DickMcJunkin said...

    Up you heard it here first...

    If they have to pay taxes, they'll be pissed..

    Lemme see... so if I make 50k a year I should pay about 3 0 percent, but if I make 2 million a year it should be about half that

    Knock it off, re re

    You're either middle to middle Low... You shouldn't want them to ride on your back... They already get every other damn corporate welfare

    You have no clue what you are talking about.

    The top 10% of earners contributed 71% in federal income taxes, while the bottom 50% only contributed 3%. In addition, 50% of households didn't pay a single penny. So tell me, who are the ones really piggybacking again?

    The last I checked, it's the law to pay taxes and contribute.

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    MoreNCsThanU

  • supercat said...

    Preach on brother.

    cheers and welcome to the board , think you will really like it here welcome

    signature image

    shoeless7777 ●

  • Back to the OP's questio, I will not vote for Obama. He has next to Zero leadership skills and is in the positon that requires the most of someone as a leader. I disagree with most of his policies (healthcare, taxes, economy...), but his total lack of leadership is unforgivable (had both houses of congress and couldn't get a budget passed). The public is to blame as his resume was devoid of leadership experience, yet we elected him on platitudes and desire for change (no matter what it was/is).

    I am a hardcore fiscal conservative that does not care for 95% of democrats and 50+% of Republicans. We have politicians on both sides that enter politics as a career and leave far richer than when they started. That smells of chronie capitalism and is why we are in the mess we are in now. The free market doesn't work unless it is free (govt not picking winners and losers with the tax code and regulations). Not all regs are bad, but we have way too many and our tax code is retarded at over 72,000 pages.

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    menichols74

  • rms02d said...

    Your numbers are accurate, however you are forgetting that people in the top 1% generally have little to no income tax to file. They make their money off of investments, and since capital gains rates are so historically low, they end up paying way less than their fair share of tax.

    People like Warren Buffet pay an effective tax rate of 15%. Mitt Romney was able to only pay a rate of 13.8%

    I don't think anybody who is criticizing the rich for not paying their fair share believes that the tax system is working correctly for the other 99%. Its obvious the tax system is flawed.

    Also when pointing out income tax everyone keeps forgetting about the FICA tax. Everyone in America who works for a living is doing there part to pay for almost half of the US budget. Ironically those in the upper income brackets pay zero FICA tax and hence they aren't paying anything into Social Security and Medicare. So there taxes are just paying part of the other 50% of the Budget.

    Either way the system is broken, and Congress is incapable of fixing it no matter if everyone was a Democrat, or if everyone was a Republican, because special interest groups and lobbyists run the American government.

    I agree. That in the end it makes no difference. Nothing will get fixed. Unless you vote everyone out and replace them which won't happen. It just bothers me when people blame this on different classes, when the problem is the legislation. If you want to change it, then have them change the laws. Don't blame for taking advantage of a system because they are smarter than you. They are smart with their money, and take advantage of the loopholes...all legal.

    This isn't a Democrat vs Republican issue. They're all looking out for themselves, and they always will. Only way you will see real change is voting everyone out. I find it humorous when congress has an approval rating below 14%, yet nearly every single one of them is re-elected.

    This post has been edited 2 times, most recently by MoreNCsThanU on 2/8/2012 at 1:36 PM

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    MoreNCsThanU

  • rms02d said...

    Your numbers are accurate, however you are forgetting that people in the top 1% generally have little to no income tax to file. They make their money off of investments, and since capital gains rates are so historically low, they end up paying way less than their fair share of tax.

    People like Warren Buffet pay an effective tax rate of 15%. Mitt Romney was able to only pay a rate of 13.8%

    I don't think anybody who is criticizing the rich for not paying their fair share believes that the tax system is working correctly for the other 99%. Its obvious the tax system is flawed.

    Also when pointing out income tax everyone keeps forgetting about the FICA tax. Everyone in America who works for a living is doing there part to pay for almost half of the US budget. Ironically those in the upper income brackets pay zero FICA tax and hence they aren't paying anything into Social Security and Medicare. So there taxes are just paying part of the other 50% of the Budget.

    Either way the system is broken, and Congress is incapable of fixing it no matter if everyone was a Democrat, or if everyone was a Republican, because special interest groups and lobbyists run the American government.

    Agree the tax system is broken, but I don't think the way to fix our economy is to raise capital gains taxes. There are only 2 real potential solutions to make the tax system "fair"

    1 - Flat tax: No deductions (child, house, medical, losses, etc) at X% rate and you pay it on every dollar you make above the poverty line (or whatever floor you want to call it - the base needs: food, water, clothes, basic shelter not cable phone etc). This fixes the issue with the bottom 50% paying little or nothing and the complaints about those with majority CG income paying less than the Middle class whose income is mostly from a salary.

    2 - No income tax, all consumption tax ("The Fair Tax"). This is my personal choice because it addresses so many issues: illegal immigration (not safety, but fiscal issues), no reason for companies to move offshore (they actually come here - JOBS), GREATLY reduces lobbying influence as all new finished goods/services are taxed the same (there are NO exceptions and that is key). "Why should bread be taxed at the same rate as new Caddy?" - well, if you introduce exceptions, then you get back to where we are now with the gov't picking winners and losers by how they write the tax code. The key is that every legal household would get a monthly prebate up to the poverty level (Ex, the monthly income PL is 1000 and the rate is 23%, then each legal household would get a monthly prebate of $230). This means that in essence all taxes are voluntary (you don't have to buy above basic needs). With that being said, everyone tends to buy based on their income (Docs drive MBenzes). I'd actually encouraged illegals in a fiscal sense as they'd pay taxes, but not get the prebate.

    Regardless of how we do it, we must stop all gov't subsidies of companies, farms, personal choices, etc. (don't pay farmers not to grow, don't pay oil companies not to drill and don't pay people for having kids) - Leave charity to non-gov't charity organizations. If you believe in X type charitable organization, then donate your $ and/or time and stop asking the gov't to do it. They'll just F it up and make the process too cumbersome and expensive.

    signature image

    menichols74

  • menichols74 said...

    Agree the tax system is broken, but I don't think the way to fix our economy is to raise capital gains taxes. There are only 2 real potential solutions to make the tax system "fair"

    1 - Flat tax: No deductions (child, house, medical, losses, etc) at X% rate and you pay it on every dollar you make above the poverty line (or whatever floor you want to call it - the base needs: food, water, clothes, basic shelter not cable phone etc). This fixes the issue with the bottom 50% paying little or nothing and the complaints about those with majority CG income paying less than the Middle class whose income is mostly from a salary.

    2 - No income tax, all consumption tax ("The Fair Tax"). This is my personal choice because it addresses so many issues: illegal immigration (not safety, but fiscal issues), no reason for companies to move offshore (they actually come here - JOBS), GREATLY reduces lobbying influence as all new finished goods/services are taxed the same (there are NO exceptions and that is key). "Why should bread be taxed at the same rate as new Caddy?" - well, if you introduce exceptions, then you get back to where we are now with the gov't picking winners and losers by how they write the tax code. The key is that every legal household would get a monthly prebate up to the poverty level (Ex, the monthly income PL is 1000 and the rate is 23%, then each legal household would get a monthly prebate of $230). This means that in essence all taxes are voluntary (you don't have to buy above basic needs). With that being said, everyone tends to buy based on their income (Docs drive MBenzes). I'd actually encouraged illegals in a fiscal sense as they'd pay taxes, but not get the prebate.

    Regardless of how we do it, we must stop all gov't subsidies of companies, farms, personal choices, etc. (don't pay farmers not to grow, don't pay oil companies not to drill and don't pay people for having kids) - Leave charity to non-gov't charity organizations. If you believe in X type charitable organization, then donate your $ and/or time and stop asking the gov't to do it. They'll just F it up and make the process too cumbersome and expensive.

    Couldn't agree more with number 2. It would pump a lot of revenue into the system since there would be no way for people to avoid it.

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    MoreNCsThanU

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