General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsNow 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.
mzmolly
(50,992 posts)one stone. I'm in!
immoderate
(20,885 posts)--imm
ThoughtCriminal
(14,047 posts)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?
Ichingcarpenter
(36,988 posts)rDigital
(2,239 posts)thelordofhell
(4,569 posts)OldDem2012
(3,526 posts)Lasher
(27,579 posts)He didn't. Republicans are liars.
Angry Dragon
(36,693 posts)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)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)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.
Motown_Johnny
(22,308 posts)Believing anything they say is a mistake
ellenfl
(8,660 posts)o'really's threat is totally hollow and he knows it. don't get too excited about his imminent departure. ain't gonna happen.
Skinner
(63,645 posts)O'Reilly knows it isn't going to happen.
Scuba
(53,475 posts)... 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)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.
progressoid
(49,988 posts)uponit7771
(90,335 posts)hankthecrank
(653 posts)Who am I going sell these dam things too if obillo quits
annabanana
(52,791 posts)adieu
(1,009 posts)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)maybe you could sweeten the pot by threatening to move -
maybe Europe - I bet they would love you over there.
lefthandedlefty
(281 posts)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)Billy O' is a lying puss bucket. He would never quit an easy money train like Fauxsnews.
Cha
(297,188 posts)it's bill o'rielly.
KittyWampus
(55,894 posts)HiPointDem
(20,729 posts)Turbineguy
(37,324 posts)It's not the money, it's the principle of the thing!
Yeah, right.
SummerSnow
(12,608 posts)CanonRay
(14,101 posts)Let's raise them to 80% or so.
libodem
(19,288 posts)Boo Hoo.
Dirty Socialist
(3,252 posts)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)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)zero dollars and fuck Obama out of his taxes. No revenue, no taxes.
Yeah, that makes sense . . . . .
Lady Freedom Returns
(14,120 posts)Terra Alta
(5,158 posts)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.
Chalco
(1,308 posts)how much money do you need?
I live well on a lot less. What's my problem, Bill?
Brigid
(17,621 posts)I hate two-year-olds in adult bodies. Unfortunately, Billo is far from alone.