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In reply to the discussion: I hate that Boehner invited Netanyahu - but there's a silver lining [View all]geek tragedy
(68,868 posts)75. So,you allow yourself to make unsubstantiated claims for free, but
you require cash in advance to substantiate your claims?
But we're supposed to just assume that everything you say is the gospel truth. If we have doubts, we need to pass a hat around so we can afford your wisdom and insight?
P.S. Wikipedia is free,
http://en.m.wikipedia.org/wiki/United_States_fiscal_cliff#American_Taxpayer_Relief_Act_of_2012
The budget sequestration was delayed by two months to give time for further negotiations on deficit reduction. $24 billion (out of $110 billion for FY2013) was offset by tax increases, as well as a provision allowing 401(k) accounts to be rolled over into Roth IRA plans, requiring taxes to be paid on the assets.
Marginal income and capital gains tax rates increased relative to their 2012 levels for those with annual income over $400,000 for individuals and $450,000 for couples, but the rates below these levels remained at their 2012 levels. The top income rate increased from 35% to 39.6%, and the capital gains rate increased from 15% to 20%.
A phase-out of tax deductions and credits for incomes over $250,000 for individuals and $300,000 for couples was reinstated. Limits on deductions had existed before the Bush tax cuts, and had disappeared in 2010.
Estate taxes were set at 40% of the value above $5,000,000, an increase from the 2012 rate of 35% of the value over $5,120,000.
Changes were made to the alternative minimum tax to index it to inflation, to avoid its application to middle-class families.
The two-year-old cut to payroll taxes was allowed to expire.
Federal unemployment benefits were extended for a year without a budget offset elsewhere, at a cost of $30 billion.
Some tax credits for poorer families were extended for five years, including ones for college tuition and an expansion of the Earned Income Tax Credit.
The Medicare "doc fix", suspending a decrease in physician payments due to the Medicare Sustainable Growth Rate, was be extended for one year.
A pay freeze for members of Congress was extended, but the general pay freeze for government workers was not.
Some portions of the farm bill that had expired in September were extended for nine months, but without changes supported by dairy farmers and legislators.[97]
A number of corporate tax breaks and loopholes were extended, including the "active financing" tax exemption for major corporations (cost $9 billion[98]), a rum tax supporting Puerto Rico rum industry ($547 million in 2009) and a tax benefit for NASCAR racetrack owners (around $43 million).[99]
Marginal income and capital gains tax rates increased relative to their 2012 levels for those with annual income over $400,000 for individuals and $450,000 for couples, but the rates below these levels remained at their 2012 levels. The top income rate increased from 35% to 39.6%, and the capital gains rate increased from 15% to 20%.
A phase-out of tax deductions and credits for incomes over $250,000 for individuals and $300,000 for couples was reinstated. Limits on deductions had existed before the Bush tax cuts, and had disappeared in 2010.
Estate taxes were set at 40% of the value above $5,000,000, an increase from the 2012 rate of 35% of the value over $5,120,000.
Changes were made to the alternative minimum tax to index it to inflation, to avoid its application to middle-class families.
The two-year-old cut to payroll taxes was allowed to expire.
Federal unemployment benefits were extended for a year without a budget offset elsewhere, at a cost of $30 billion.
Some tax credits for poorer families were extended for five years, including ones for college tuition and an expansion of the Earned Income Tax Credit.
The Medicare "doc fix", suspending a decrease in physician payments due to the Medicare Sustainable Growth Rate, was be extended for one year.
A pay freeze for members of Congress was extended, but the general pay freeze for government workers was not.
Some portions of the farm bill that had expired in September were extended for nine months, but without changes supported by dairy farmers and legislators.[97]
A number of corporate tax breaks and loopholes were extended, including the "active financing" tax exemption for major corporations (cost $9 billion[98]), a rum tax supporting Puerto Rico rum industry ($547 million in 2009) and a tax benefit for NASCAR racetrack owners (around $43 million).[99]
I think you owe yourself a refund.
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I hate that Boehner invited Netanyahu - but there's a silver lining [View all]
MannyGoldstein
Jan 2015
OP
You've got to admit...Manny is pretty good with subliminal messages, isn't he? eom
BlueCaliDem
Jan 2015
#42
The part where MADem said that Jan Schakowski was a right-wing shill in bed with lobbyists
MannyGoldstein
Jan 2015
#56
At that very moment in history, after the Bush Administration nearly destroyed the nation,
Enthusiast
Jan 2015
#14
It's hard to make sure everyone gets the sarcasm when corresponding over the intertoobz.
truebluegreen
Jan 2015
#48
So does every tax cut on lower and middle income taxpayers, due to this concept
geek tragedy
Jan 2015
#41
And again, you clearly don't know what was - and was not - in the deal. nt
MannyGoldstein
Jan 2015
#74
Feinstein tells Haaretz: PM speech 'inappropriate,' Iran sanctions 'dangerous'
geek tragedy
Jan 2015
#44
Sigh, I never said the invitation was not a snub or even a "political master stroke."
branford
Jan 2015
#49
you're very good at what you do. But you're still a little too obvious in your agenda. For example
geek tragedy
Jan 2015
#60
We'll discuss the issue in late March which is when the earliest vote on sanctions will occur
geek tragedy
Jan 2015
#110
'Obama' and 'desperately' in the same sentence. I don't think you've been paying attention.
randome
Jan 2015
#62
I believe Obama will make it clear that Hell will rain down on Netanyahu
MannyGoldstein
Jan 2015
#22
So, I therefore assume you believe Obama intends to "rain hell" upon Netanyahu?
branford
Jan 2015
#40
"This kind of disrespect is precisely the kind of thing that gets Obama upset."
geek tragedy
Jan 2015
#31
I think that some Democrats actually did think they could negotiate with Republicans. Why I have no
sabrina 1
Jan 2015
#69
Hopefully, but Obama's masochistic willingness to reach out and touch Republican nastiness
JDPriestly
Jan 2015
#76