Low income families in the USA will see a 50% tax hike! - GoFuckYourself.com

DateDoc · 07-08-2010, 09:09 AM

With the Bush Era tax cuts about to expire the 6 existing tax rates of 10%, 15%, 25%, 28%, 33% and 35% will be replaced by five new brackets with the higher rates of 15%, 28%, 31%, 36% and 39.6%. That means those paying 10% will now see a 50% hike in their tax bill as it rises from 10% to 15%.

A lot of other people are about to be fucked unless Congress votes to extend these tax cuts.

http://finance.yahoo.com/taxes/artic...dvice_strategy

baddog · 07-08-2010, 09:12 AM

I thought Obama said that would not happen.

DateDoc · 07-08-2010, 09:14 AM

Quote:

Originally Posted by baddog

I thought Obama said that would not happen.

Well, they could still vote to extend the cuts but who knows what they will do.

Odin · 07-08-2010, 09:14 AM

Obama said a lot of things. Hopefully people start seeing through him.

Amputate Your Head · 07-08-2010, 09:16 AM

Aren't we something like $12 trillion in debt now? Raise the fucking taxes already.

DateDoc · 07-08-2010, 09:24 AM

Quote:

Originally Posted by Amputate Your Head

Aren't we something like $12 trillion in debt now? Raise the fucking taxes already.

We can all see how well that has worked for California.

BestXXXPorn · 07-08-2010, 09:24 AM

Quote:

Originally Posted by Amputate Your Head

Aren't we something like $12 trillion in debt now? Raise the fucking taxes already.

Hahaha and you think that's going to stop the government from over spending?

The more money they can tax, the more they'll spend it will NEVER end... if they can't tax enough they'll just print more money... which really is the same as taxing people except it's hidden... It devalues everyone's money in the global market and shifts cash into the government's hands... the vast majority of the American populous doesn't really understand this concept... and the fact that the Audit the Fed bill didn't pass is disgusting.

I'm sorry but he who prints the money should be transparent... not only that they should work FOR the people. Not a private entity who's goal is to make money and even our own government can't look into their dealings... we can't even get an audit ability let alone transparency...

Tom_PM · 07-08-2010, 09:34 AM

They'll just take a page from corporate 'merica and dodge the taxes.

Amputate Your Head · 07-08-2010, 09:37 AM

Quote:

Originally Posted by BestXXXPorn

Hahaha and you think that's going to stop the government from over spending?

The more money they can tax, the more they'll spend it will NEVER end... if they can't tax enough they'll just print more money... which really is the same as taxing people except it's hidden... It devalues everyone's money in the global market and shifts cash into the government's hands... the vast majority of the American populous doesn't really understand this concept... and the fact that the Audit the Fed bill didn't pass is disgusting.

I'm sorry but he who prints the money should be transparent... not only that they should work FOR the people. Not a private entity who's goal is to make money and even our own government can't look into their dealings... we can't even get an audit ability let alone transparency...

No, it won't stop them from overspending... but they'll have more to spend. And 'more to spend' is the way we operate. So I say do both. Raise taxes and print more money. Then spend it all, and ask for more. Keep doing this until we're effectively taxing 95% of all income and we're $40 trillion underwater.

Maybe then this shit will be retarded enough for someone to say "enough."

Otherwise we'll just continue to be owned by China and The Fed and it will never change. Drastic changes are detrimental to that plan. They don't like extreme, because it causes people to think. They want to own you slowly, a nickel at a time, because then people just grumble about it and carry on.

Fact: It will never change or be 'fixed' until we've hit rock bottom and there is no more money to be squeezed. So tax the fuck out of everyone. Now. Let's do this and get it over with.

Vendzilla · 07-08-2010, 09:41 AM

Quote:

Originally Posted by baddog

I thought Obama said that would not happen.

LOL, thats funny!

seeandsee · 07-08-2010, 09:52 AM

Quote:

Originally Posted by DateDoc

With the Bush Era tax cuts about to expire the 6 existing tax rates of 10%, 15%, 25%, 28%, 33% and 35% will be replaced by five new brackets with the higher rates of 15%, 28%, 31%, 36% and 39.6%. That means those paying 10% will now see a 50% hike in their tax bill as it rises from 10% to 15%.

A lot of other people are about to be fucked unless Congress votes to extend these tax cuts.

http://finance.yahoo.com/taxes/artic...dvice_strategy

obama fucked poor people, burn in hell obama if tax jumps again

BestXXXPorn · 07-08-2010, 09:54 AM

Quote:

Originally Posted by Amputate Your Head

No, it won't stop them from overspending... but they'll have more to spend. And 'more to spend' is the way we operate. So I say do both. Raise taxes and print more money. Then spend it all, and ask for more. Keep doing this until we're effectively taxing 95% of all income and we're $40 trillion underwater.

Maybe then this shit will be retarded enough for someone to say "enough."

Otherwise we'll just continue to be owned by China and The Fed and it will never change. Drastic changes are detrimental to that plan. They don't like extreme, because it causes people to think. They want to own you slowly, a nickel at a time, because then people just grumble about it and carry on.

Fact: It will never change or be 'fixed' until we've hit rock bottom and there is no more money to be squeezed. So tax the fuck out of everyone. Now. Let's do this and get it over with.

BWAHAHHAHAHAH great post and I definitely see the logic here pushing to the Armageddon of taxation in order to rebuild :P

crazytrini85 · 07-08-2010, 09:55 AM

More change we can believe in.

woj · 07-08-2010, 10:18 AM

looks like most gfyers will be screwed...

PenisFace · 07-08-2010, 12:33 PM

Quote:

Originally Posted by woj

looks like most gfyers will be screwed...

And they'll still be taxed less than other people around the world, yet still bitch and moan about it like they are so hard done by.

IllTestYourGirls · 07-08-2010, 12:42 PM

Quote:

Originally Posted by Amputate Your Head

Aren't we something like $12 trillion in debt now? Raise the fucking taxes already.

Cut the fucking spending already....

kane · 07-08-2010, 12:43 PM

I don't really think this is going to effect many of poor that much. If you are a family of 4 and make around 50K a year you are probably not paying any federal taxes anyway. So in increase isn't likely to effect you since there are enough credits and write-offs that you can lower your taxable income down to zero.

Still, maybe the government should consider actually spending less and spending more wisely as opposed to increasing taxes.

Ethersync · 07-08-2010, 12:49 PM

Quote:

Originally Posted by Amputate Your Head

Fact: It will never change or be 'fixed' until we've hit rock bottom and there is no more money to be squeezed. So tax the fuck out of everyone. Now. Let's do this and get it over with.

You're right, but if you want to speed up the collapse it would be better to cut taxes even more AND greatly increase government spending

07-08-2010, 09:09 AM	#1
DateDoc Outside looking in. Industry Role: Join Date: Feb 2005 Location: To Hell You Ride Posts: 14,243	Low income families in the USA will see a 50% tax hike! With the Bush Era tax cuts about to expire the 6 existing tax rates of 10%, 15%, 25%, 28%, 33% and 35% will be replaced by five new brackets with the higher rates of 15%, 28%, 31%, 36% and 39.6%. That means those paying 10% will now see a 50% hike in their tax bill as it rises from 10% to 15%. A lot of other people are about to be fucked unless Congress votes to extend these tax cuts. http://finance.yahoo.com/taxes/artic...dvice_strategy __________________

07-08-2010, 09:16 AM	#5
Amputate Your Head There can be only one Industry Role: Join Date: Aug 2001 Location: Somewhere else Posts: 39,075	Aren't we something like $12 trillion in debt now? Raise the fucking taxes already. __________________ SIG TOO BIG

07-08-2010, 09:34 AM	#8
Tom_PM Porn Meister Industry Role: Join Date: Feb 2005 Posts: 16,443	They'll just take a page from corporate 'merica and dodge the taxes. __________________ 43-922-863 Shut up and play your guitar.

07-08-2010, 09:55 AM	#13
crazytrini85 Confirmed User Industry Role: Join Date: Jun 2006 Location: Over there. Posts: 817	More change we can believe in. __________________ These are my top converting sponsors.

07-08-2010, 10:18 AM	#14
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,883	looks like most gfyers will be screwed... __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

07-08-2010, 09:12 AM	#2
baddog So Fucking Banned Industry Role: Join Date: Apr 2001 Location: the beach, SoCal Posts: 107,090	I thought Obama said that would not happen.

07-08-2010, 09:14 AM	#4
Odin Confirmed User Industry Role: Join Date: Jan 2004 Location: au Posts: 2,545	Obama said a lot of things. Hopefully people start seeing through him.

07-08-2010, 12:43 PM	#17
kane Too lazy to set a custom title Join Date: Aug 2001 Location: portland, OR Posts: 20,684	I don't really think this is going to effect many of poor that much. If you are a family of 4 and make around 50K a year you are probably not paying any federal taxes anyway. So in increase isn't likely to effect you since there are enough credits and write-offs that you can lower your taxable income down to zero. Still, maybe the government should consider actually spending less and spending more wisely as opposed to increasing taxes.