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kentuck

(115,284 posts)

11. A tax is a tax is a tax...

Reply to Tennessee Gal (Reply #9)

Thu Nov 29, 2012, 01:40 AM

Nov 2012

It is money taken from your earning. Call it a Golden Calf if you want.

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Let me explain one way you are about to get screwed by Obama's $250K tax break? [View all] kentuck Nov 2012 OP

So people 'get screwed by OBAMA's $250K tax break???' elleng Nov 2012 #1

It was that way before any changes, even those made by GWB. SharonAnn Nov 2012 #30

Right. Thanks. elleng Nov 2012 #35

If you make six figures, I find it difficult to work up the necessary empathy... Tarheel_Dem Nov 2012 #2

Perhaps you should re-read the OP jberryhill Nov 2012 #7

This slice of the population, folks dependent primarily on earned income making about HiPointDem Nov 2012 #3

My income is over the cap, and I support removing it jberryhill Nov 2012 #5

It's not about *you*. I don't care what *you* support. It's about what *most* people HiPointDem Nov 2012 #8

And I don't care what *you* think "most" people believe jberryhill Nov 2012 #13

I'm fairly sure a lot of people in the upper brackets know about the cap. Or their accountants HiPointDem Nov 2012 #16

And they are a minority of voters jberryhill Nov 2012 #20

gee, do we get to vote on what to do about SS? i didn't know that. yeah, our representatives HiPointDem Nov 2012 #62

My income is over the cap, and I support removal, too. nt msanthrope Nov 2012 #73

It's a question of fairness and progressivity. kentuck Nov 2012 #6

as i said, people in this bracket pay combined federal taxes at a combined higher rate HiPointDem Nov 2012 #10

What are you talking about ??? kentuck Nov 2012 #12

I think it's pretty obvious how higher taxes without higher benefits would act to decrease HiPointDem Nov 2012 #14

Russ Douthat is an asshat! kentuck Nov 2012 #17

he may be an asshat, but he's saying what everyone knows & won't say. decreasing HiPointDem Nov 2012 #64

You are spectacularly wrong about what "most people think" jberryhill Nov 2012 #18

I'm clearly not referring to the general population, but to the high-earning workers whose HiPointDem Nov 2012 #19

Oh, okay, so a majority of Republicans should dictate policy? jberryhill Nov 2012 #22

Damn! My head is spinning! kentuck Nov 2012 #23

I know, right? jberryhill Nov 2012 #25

That is what kills me about this place lately... kentuck Nov 2012 #28

By your logic, it's necessary to destroy the village in order to save it. HiPointDem Nov 2012 #32

They already think taxes are unfair - all taxes jberryhill Nov 2012 #33

"they" all do? but you are one of those high income workers who doesn't, you said? HiPointDem Nov 2012 #36

Lol... jberryhill Nov 2012 #38

yes, i'm a closet limbaugh supporter, my posting history certainly demonstrates that. HiPointDem Nov 2012 #40

You obviously didn't look at the poll I posted the link to jberryhill Nov 2012 #42

i'm not talking about the general public -- "dearie". HiPointDem Nov 2012 #43

Yes I know. Fuck what they think jberryhill Nov 2012 #44

Nobody is talking about higher taxes without higher benefits. bornskeptic Nov 2012 #60

So you're saying not only will higher-earners pay more, they'll also get higher benefits? HiPointDem Nov 2012 #63

Because HPD believes it, that's why jberryhill Nov 2012 #15

Social Security has never been progressive so far as its taxation goes. Yet it's survived HiPointDem Nov 2012 #58

You are right quakerboy Nov 2012 #56

You act as though "we" hold all the cards. I wonder why "we" haven't succeeded in HiPointDem Nov 2012 #59

Again, you are absolutely right quakerboy Nov 2012 #66

Yes, the powerful already agitate against it. They'll have more material to work with when HiPointDem Nov 2012 #67

They dont need more material quakerboy Nov 2012 #71

"the rich" get most of their income from capital and don't pay much in the way of SS taxes. HiPointDem Nov 2012 #72

So you get rid of the SS cap Angry Dragon Nov 2012 #4

Income taxes have nothing to do with the cap on Social Security. Tennessee Gal Nov 2012 #9

A tax is a tax is a tax... kentuck Nov 2012 #11

When is a tax not a tax? Tennessee Gal Nov 2012 #21

I am saying it is unfair. kentuck Nov 2012 #26

There is fairness built into how SS benefits are taxed when one is retired. WCGreen Nov 2012 #29

In regards to those retired folks.. kentuck Nov 2012 #31

that is absolutely correct... WCGreen Nov 2012 #34

You have some guarantee you'll live that long? jberryhill Nov 2012 #47

It's retirement fund.... WCGreen Nov 2012 #55

If I die at 55 I don't get shit jberryhill Nov 2012 #57

and you still don't get shit if the cap is eliminated. So what's the relevance? HiPointDem Nov 2012 #65

Actually *I* get a higher tax rate jberryhill Nov 2012 #70

Actually, it is not... WCGreen Nov 2012 #27

I support removing the cap as well.. Oasis_ Nov 2012 #39

you can support it all you like, you won't get it. but they'll take your "tradeoff" & screw HiPointDem Nov 2012 #41

Ok Oasis_ Nov 2012 #45

because such a big percentage of the population makes so little. the average income HiPointDem Nov 2012 #48

Again Oasis_ Nov 2012 #50

I didn't discount anything. I just said you can support the idea all you like but it won't HiPointDem Nov 2012 #53

Why should they? I'll tell you why... jberryhill Nov 2012 #49

??? Oasis_ Nov 2012 #51

It's been that way since I have been doing tax returns... WCGreen Nov 2012 #24

tax brackets might enlighten you. GeorgeGist Nov 2012 #37

The SS cap is entirely different RudynJack Nov 2012 #46

This isn't "Obama's" tax break. This has been the case for decades, if not forever. pnwmom Nov 2012 #52

it rises pretty much every year. HiPointDem Nov 2012 #54

Thanks for the info. nt pnwmom Nov 2012 #61

I still can't work out why you're trying to blame Obama for a decades-old situation muriel_volestrangler Nov 2012 #68

Oh, please union_maid Nov 2012 #69

The self-employment penalty tax is also unfair. lightcameron Nov 2012 #74