Hey John...before telling the entire country that you have a plan to solve the debt ceiling crisis - make sure you use a calculator. Most cell phones have them these days.
Congressional scorekeepers (the ones who actually use calculators) have now told the tan man that his numbers don't add up - thus not even allowing the U.S. House of Reps to vote on his plan. Could he look any more pathetic? Are any adults present on his side of the aisle?
They are so obsessed with the "no higher taxes on American families" mantra that they have forgotten that someone in D.C. is actually employed to review their numbers. I won't rehash their long standing efforts to convince half of the American public that raising taxes minimally on those people making $250,000 and up means that all of Americans will see their taxes raised - because they have already been incredibly successful doing that on their own. Jeez - people - pay attention! Oops - went off on that tangent again.
On a non Boehner related note, we returned from a quick trip to Texas this weekend. More on that later this week.
Showing posts with label Taxes. Show all posts
Showing posts with label Taxes. Show all posts
Tuesday, July 26, 2011
Tuesday, July 19, 2011
Oh how we forget...
That damn Obama, keeping tax rates so high. It's just unheard of.
Technical Look at Tax Rates (1913-Present)
click for larger chart
Tuesday, July 12, 2011
Fear
The constant mantra (that's one of my favorite words) by Republicans about "taxes" being "job killing" is driving me batty. You'll notice that they never actually give you a demonstration where they bring out a calculator and use actual numbers to show how the supposed higher taxes will affect the ones being taxed.
I won't get into the weeds about how the tax rates are the lowest they have been in many years - or how the taxes being discussed will only affect the wealthy. Yes - they will pay a minimal higher percentage than what they are currently paying - but only above a specific amount of income or profits. Trust me - they won't have to cut down on Starbucks latte's on a weekly basis - nor will they have to reduce their standard of living. I doubt that many of the three people who read this blog will be affected by any means with Obama's proposals.
CNN has a simple article that addresses what Obama is trying to accomplish. Sounds reasonable to me. None of the affected will need to sell their third home in order to keep their kids in boarding school. If they choose to layoff their landscaping crew - it should be because they want to get some exercise and not for the false premise of not being able to afford it.
http://money.cnn.com/2011/07/12/news/economy/debt_ceiling_deal_obama/index.htm?iid=HP_LN&hpt=hp_t1
I know that the word "tax" carries the burden of fear along with it - but if someone is going to be scared, be scared of something like Boehner/Cantor/Bachmann/Palin/Santorum...etc... Letting politicians prey on people's unfounded fears is what's frightening.
I won't get into the weeds about how the tax rates are the lowest they have been in many years - or how the taxes being discussed will only affect the wealthy. Yes - they will pay a minimal higher percentage than what they are currently paying - but only above a specific amount of income or profits. Trust me - they won't have to cut down on Starbucks latte's on a weekly basis - nor will they have to reduce their standard of living. I doubt that many of the three people who read this blog will be affected by any means with Obama's proposals.
CNN has a simple article that addresses what Obama is trying to accomplish. Sounds reasonable to me. None of the affected will need to sell their third home in order to keep their kids in boarding school. If they choose to layoff their landscaping crew - it should be because they want to get some exercise and not for the false premise of not being able to afford it.
http://money.cnn.com/2011/07/12/news/economy/debt_ceiling_deal_obama/index.htm?iid=HP_LN&hpt=hp_t1
I know that the word "tax" carries the burden of fear along with it - but if someone is going to be scared, be scared of something like Boehner/Cantor/Bachmann/Palin/Santorum...etc... Letting politicians prey on people's unfounded fears is what's frightening.
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