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eridani (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:00 PM Original message |
So who expects that anyone will notice or care about the "middle class" tax cuts? |
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eleny (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:02 PM Response to Original message |
1. kr |
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denem (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:05 PM Response to Original message |
2. Facts don't matter any more - Only the media narrative. |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:17 PM Response to Reply #2 |
11. What about the fact that without a new bill, when the current law expires, |
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denem (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:19 PM Response to Reply #11 |
13. That's 2012's election |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:25 PM Response to Reply #13 |
22. That's something that takes effect January 1, 2011. n/t |
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denem (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:29 PM Response to Reply #22 |
32. I was presuming the bill will pass into law by years end. |
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eridani (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:26 PM Response to Reply #11 |
25. They'll notice the first time. But it will have no effect on their budget planning |
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eridani (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:27 PM Response to Reply #25 |
27. And you are forgetting-- |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:30 PM Response to Reply #27 |
33. True. They take increases for granted. But they would blame him |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:29 PM Response to Reply #25 |
31. A 50% difference in taxes is not a small fluctuation. |
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eridani (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:59 PM Response to Reply #31 |
39. It is precisely for those of lower income that 50% is a small fluctiation |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 07:58 PM Response to Reply #39 |
45. People who pay at the 10% level owe more than $60 dollars a year. |
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eridani (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 10:52 PM Response to Reply #45 |
48. Ir's right out of my own tax return last year. n/t |
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ProSense (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:06 PM Response to Original message |
3. Wait |
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theaocp (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:08 PM Response to Reply #3 |
6. ...and yet, here we are. |
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eridani (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:16 PM Response to Reply #3 |
10. People tend to notice SIGNIFICANT changes in their paychecks |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:21 PM Response to Reply #10 |
16. You don't think a 50% increase is significant? |
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eridani (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:33 PM Response to Reply #16 |
35. A 50% increase for me is about $60 per year for me. |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 08:00 PM Response to Reply #35 |
46. For millions of others at the 10% level, a 50% increase is very significant. |
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Milo_Bloom (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 11:03 PM Response to Reply #46 |
50. Why can't people be honest about this stuff? |
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eridani (1000+ posts) Send PM | Profile | Ignore | Tue Dec-14-10 03:17 AM Response to Reply #46 |
57. That's bullshit. If single and not eligible for Make Work Pay, he's paying $88/month |
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eridani (1000+ posts) Send PM | Profile | Ignore | Tue Dec-14-10 03:22 AM Response to Reply #46 |
58. You could consult a tax table. If you had, you'd know that individuals |
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Milo_Bloom (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 10:59 PM Response to Reply #16 |
49. It is completley insignificant... |
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abelenkpe (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:25 PM Response to Reply #3 |
23. The 99ers will still see their unemployment expire |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:28 PM Response to Reply #23 |
29. If the current law is allowed to expire without a new bill taking its place, |
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quakerboy (1000+ posts) Send PM | Profile | Ignore | Tue Dec-14-10 01:00 AM Response to Reply #23 |
54. Plus the UI extension will expire |
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Crazy Dave (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:06 PM Response to Original message |
4. I don't see a Social Security or Disability cost of living increase either |
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Cant trust em (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:07 PM Response to Original message |
5. People don't judge their tax burden based on their refund. |
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eridani (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:19 PM Response to Reply #5 |
14. Except that the difference is going to be much smaller |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:10 PM Response to Original message |
7. Without a new bill, their paychecks will be SMALLER. You don't think they'll notice? |
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JoePhilly (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:11 PM Response to Original message |
8. WRONG. |
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eridani (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:23 PM Response to Reply #8 |
17. If the tax cut had actually been significant, it wouldn't matter what the media said |
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Hello_Kitty (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:23 PM Response to Reply #8 |
18. When I was phonebanking and canvassing for this past election I heard about it all the time |
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bbinacan (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:12 PM Response to Original message |
9. I've written checks to the IRS |
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eridani (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:18 PM Response to Reply #9 |
12. You are a pretty small minority in that case |
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slackmaster (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:25 PM Response to Reply #12 |
24. Letting the IRS act as your savings account at 0% interest is not a prudent strategy |
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bbinacan (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:26 PM Response to Reply #12 |
26. I'd rather write a check |
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tavalon (1000+ posts) Send PM | Profile | Ignore | Tue Dec-14-10 07:31 AM Response to Reply #26 |
59. Yep |
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Hello_Kitty (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:20 PM Response to Original message |
15. I'm poor so the majority of the tax I pay is sales. It's at 9% here in Phoenix. |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:23 PM Response to Reply #15 |
19. When the current law expires, you might well owe higher taxes. |
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Hello_Kitty (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:28 PM Response to Reply #19 |
28. With the compromise my taxes will go up about $200 but thanks for your concern |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:31 PM Response to Reply #28 |
34. The other important question is what would they go up without |
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Hello_Kitty (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:58 PM Response to Reply #34 |
38. Oh god not that bullshit again. Is that all you guys have? |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 07:53 PM Response to Reply #38 |
42. Wishful thinking. The tax cuts WILL expire on January 1, 2011. |
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eridani (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:24 PM Response to Reply #15 |
20. Same for Seattle. And people just massively voted down an attempt |
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slackmaster (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:24 PM Response to Original message |
21. I think you and your friends don't understand cash flow very well |
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eridani (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 07:16 PM Response to Reply #21 |
41. I understand it well enough to have not lost so much as a red cent during the meltdown |
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slackmaster (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 11:54 PM Response to Reply #41 |
51. You have to sell an investment to realize a loss |
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Name removed (0 posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:29 PM Response to Original message |
30. Deleted message |
eridani (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:34 PM Response to Reply #30 |
36. We had that rate on high earners in the 40s and 50s, much to our benefit n/t |
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DemocratSinceBirth (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 06:36 PM Response to Original message |
37. Most Folks Get Their Taxes Withheld So They Would Know Immediately |
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eridani (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 07:02 PM Response to Reply #37 |
40. Yes. And they wouldn't care. They didn't care about the small increase |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 07:56 PM Response to Reply #40 |
43. They WOULD care if their paycheck is smaller, and a 50% tax increase |
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eridani (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 10:51 PM Response to Reply #43 |
47. If you earn $6K, you have no tax liability, even if you are single |
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FrenchieCat (1000+ posts) Send PM | Profile | Ignore | Mon Dec-13-10 07:57 PM Response to Reply #40 |
44. self delete |
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Zavulon (1000+ posts) Send PM | Profile | Ignore | Tue Dec-14-10 12:27 AM Response to Original message |
52. I save all my receipts and add up the tax at the end of the year. |
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eridani (1000+ posts) Send PM | Profile | Ignore | Tue Dec-14-10 03:08 AM Response to Reply #52 |
55. You are less than 0.1% of the population |
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killbotfactory (1000+ posts) Send PM | Profile | Ignore | Tue Dec-14-10 12:40 AM Response to Original message |
53. I would notice |
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eridani (1000+ posts) Send PM | Profile | Ignore | Tue Dec-14-10 03:10 AM Response to Reply #53 |
56. If you're that badly off, you have no tax liability in the first place. Secondly |
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