Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Ichingcarpenter

(36,988 posts)
Sun Dec 16, 2012, 01:59 PM Dec 2012

Now for some good news ...Bill O Really threaten to quit if

Obama raises his taxes ... he makes $20 million a year.




Bill O'Reilly threatened to quit his show if President Obama raised his taxes.

Speaking on his Monday show, O'Reilly delivered a stinging rebuttal to Obama's speech from earlier in the day. In that speech, Obama introduced his so-called "Buffett Rule" and said that the rich should pay more in taxes. This did not sit well with O'Reilly, who accused Obama of using misleading statistics and of endangering the business climate.

He used himself as an example, saying that he could not ensure his continued tenure on Fox News if his taxes were raised to 50 percent.

"My corporations employ scores of people," he said. "They depend on me to do what I do so they can make a nice salary. If Barack Obama begins taxing me more than 50 percent, which is very possible, I don't know how much longer I'm going to do this. I like my job, but there comes a point when taxation becomes oppressive. Is the country really entitled to half a person's income?"

Of course, if O'Reilly were to leave his show, he might cease to become someone with, in his words, "more power than anybody other than the president."


http://www.huffingtonpost.com/2011/09/20/bill-oreilly-threat-leave-show-taxes_n_972165.html

Now only if Hannity will do a water board
like he promised.

38 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Now for some good news ...Bill O Really threaten to quit if (Original Post) Ichingcarpenter Dec 2012 OP
Two birds... mzmolly Dec 2012 #1
Win -- win! immoderate Dec 2012 #2
Oh noes! he's going Galt ThoughtCriminal Dec 2012 #3
I'm sure he'll fucking do live Ichingcarpenter Dec 2012 #8
I was thinking the same exact thing. lol nt rDigital Dec 2012 #24
Yeeeehaaaawwww!!!! thelordofhell Dec 2012 #4
Goodbye and good riddance! Let's hope he's not lying....oh, wait....nt. OldDem2012 Dec 2012 #5
And Tucker Carlson promised to eat his bow tie. Lasher Dec 2012 #6
The top rate used to be 70% Angry Dragon Dec 2012 #7
sooooooooooo Bill-o Dyedinthewoolliberal Dec 2012 #9
Lol, ok. Jamastiene Dec 2012 #10
and Limnbaugh was going to move to Costa Rica Motown_Johnny Dec 2012 #11
pay attention to his words. po never said he would raise taxes on the wealthy to 50%. ellenfl Dec 2012 #12
Exactly. Skinner Dec 2012 #31
Let's do the math. Say Billo makes a paltry million. 50% is $500K. And if he quits? Nothing... Scuba Dec 2012 #13
That not quite how progressive taxes work. Sirveri Dec 2012 #36
Too bad he's a pathological liar. progressoid Dec 2012 #14
GREAT!! Everyone gets something!! uponit7771 Dec 2012 #15
Just started selling loofah hankthecrank Dec 2012 #16
Please Mr. President, . .. Make it So . . .n/t annabanana Dec 2012 #17
Oh please, please please! adieu Dec 2012 #18
can't think of a better reason to raise taxes - thanks Billo! rurallib Dec 2012 #19
If it did go to 50 percent big deal!!!!!!!!!! lefthandedlefty Dec 2012 #20
I can already tell you that is a lie. Rex Dec 2012 #21
How f****** Stupid is that? Oh wait.. Cha Dec 2012 #22
BONUS! LOL! Thanks for the laugh. KittyWampus Dec 2012 #23
probably as likely to act on his threat as ted nugent was on his. HiPointDem Dec 2012 #25
....Yawn.... Turbineguy Dec 2012 #26
I will help him write his resignation letter SummerSnow Dec 2012 #27
That alove makes raising taxes worthwhile CanonRay Dec 2012 #28
Cry, me a salty river, Bill libodem Dec 2012 #29
Not Gonna Happen Dirty Socialist Dec 2012 #30
There is a good chance Obama may only go to 37% or 38% on those netting over $ 250,000 a year. julian09 Dec 2012 #34
So Bill O. would rather forego making $20 million gross and get no_hypocrisy Dec 2012 #32
He does know it makes the whole thing sound better and better, right? n/t Lady Freedom Returns Dec 2012 #33
I would love nothing more than to see Billo's smarmy face off the air. Terra Alta Dec 2012 #35
What I always ask is... Chalco Dec 2012 #37
Can we have that in writing? Brigid Dec 2012 #38

ThoughtCriminal

(14,047 posts)
3. Oh noes! he's going Galt
Sun Dec 16, 2012, 02:04 PM
Dec 2012

How will society survive? Without this "job creator" who will fill the dead air? Will Fox just broadcast static during that slot or will they outsource to a Pundit from Pakistan?


Angry Dragon

(36,693 posts)
7. The top rate used to be 70%
Sun Dec 16, 2012, 02:15 PM
Dec 2012

I do not remember any rich people going hungry
I do not know of any businesses going out of business because they paid more taxes on their incomes after expenses

I do not remember this country in this bad of shape when taxes were higher

Dyedinthewoolliberal

(15,571 posts)
9. sooooooooooo Bill-o
Sun Dec 16, 2012, 02:16 PM
Dec 2012

does the 50% tax mean you'll only make 10 million a year? Imagine the agony I feel for you..........................NOT!

Jamastiene

(38,187 posts)
10. Lol, ok.
Sun Dec 16, 2012, 02:16 PM
Dec 2012

I wonder if we could get him to take a vow of silence too, lol. I only wish his buddy, Limbaugh, would join him. I wish all those right wing blowhards would make it a movement and all STFU and quit their yakking and griping and complaining on air 24/7/365. Hell, the global temperature might go down a couple degrees without all their hot air being spewed on a daily basis. Those are the two main mouthiest ones.

ellenfl

(8,660 posts)
12. pay attention to his words. po never said he would raise taxes on the wealthy to 50%.
Sun Dec 16, 2012, 02:30 PM
Dec 2012

o'really's threat is totally hollow and he knows it. don't get too excited about his imminent departure. ain't gonna happen.

 

Scuba

(53,475 posts)
13. Let's do the math. Say Billo makes a paltry million. 50% is $500K. And if he quits? Nothing...
Sun Dec 16, 2012, 02:30 PM
Dec 2012

... So, it's more evidence that Billo is mentally challenged. Doesn't even know what causes the tides, or why it might be wise to look it up before running your mouth on national TeeVee.

Sirveri

(4,517 posts)
36. That not quite how progressive taxes work.
Sun Dec 16, 2012, 09:08 PM
Dec 2012

If he made 1M, he would only pay 50% on money in the tier, so assuming 250k+ was 50%, that's 50% of 750k which is 375k. Assuming 20% for the rest that's 50k, so 425k on 1M which is 42.5%. So even if Obama got the top tier to 50% (which he wouldn't be able to get through congress), nobody would actually be PAYING the 50% because the income earned is taxed at the tier rate which drops the actual tax rate of everyone above the top.

 

adieu

(1,009 posts)
18. Oh please, please please!
Sun Dec 16, 2012, 04:49 PM
Dec 2012

But really, Billo, if Obama raises your taxes, you probably won't even notice it. Your $800,000 net every other week is not going to notice the effect of dropping $24K. If you're as good as you claim to be, go renegotiate your salary to be $24 million and the difference is a wash.

rurallib

(62,411 posts)
19. can't think of a better reason to raise taxes - thanks Billo!
Sun Dec 16, 2012, 04:52 PM
Dec 2012

maybe you could sweeten the pot by threatening to move -
maybe Europe - I bet they would love you over there.

lefthandedlefty

(281 posts)
20. If it did go to 50 percent big deal!!!!!!!!!!
Sun Dec 16, 2012, 05:42 PM
Dec 2012

Corporations or any other business do not pay taxes on thier gross income it is on the net or in other word proffits.

 

Rex

(65,616 posts)
21. I can already tell you that is a lie.
Sun Dec 16, 2012, 05:45 PM
Dec 2012

Billy O' is a lying puss bucket. He would never quit an easy money train like Fauxsnews.

Dirty Socialist

(3,252 posts)
30. Not Gonna Happen
Sun Dec 16, 2012, 06:06 PM
Dec 2012

Obama will not raise the upper limit of taxes to more than 45 percent, probably no more than 39.6 percent. Billo is blowing smoke out of his ass yet again.

 

julian09

(1,435 posts)
34. There is a good chance Obama may only go to 37% or 38% on those netting over $ 250,000 a year.
Sun Dec 16, 2012, 06:38 PM
Dec 2012

Phony proposition because he knows it won't happen. If he brought the threshold above $250,000 he should increase millionare tax up by 1% for every increment of $250,000 over that original $250,000 proposal.

no_hypocrisy

(46,088 posts)
32. So Bill O. would rather forego making $20 million gross and get
Sun Dec 16, 2012, 06:29 PM
Dec 2012

zero dollars and fuck Obama out of his taxes. No revenue, no taxes.

Yeah, that makes sense . . . . .


Terra Alta

(5,158 posts)
35. I would love nothing more than to see Billo's smarmy face off the air.
Sun Dec 16, 2012, 07:09 PM
Dec 2012

I think this is nothing more than a leg pull for O'Reilly(probably for attention). I'll believe he's leaving when I see it.

Brigid

(17,621 posts)
38. Can we have that in writing?
Mon Dec 17, 2012, 01:16 PM
Dec 2012

I hate two-year-olds in adult bodies. Unfortunately, Billo is far from alone.

Latest Discussions»General Discussion»Now for some good news .....