Predictions for Tax/Spending Compromise

[Cancel 2018. 3]

I don't konw. He can't unilaterally change the taxes people will owe at the end of the year, but I don't see why he can't unilaterally change the amount the IRS collects throughout the year.

i can't see how that would be constitutional.

 

[Bonestorm]

I can. That would be an extreme abuse of power (if not unconstitutional) to cherry pick which parts of the tax code he is going to have the IRS follow.

You are assuming that IRS withholding tables are part of the tax code (i.e. statutory law). I don't think that they are. If they are, obviously he couldn't do it. If they're aren't statutory law but simply IRS publications, there's nothing unconstitutional about it.


On the 10 point scale of likely things Obama would do, this is about a negative eleventy.

 

[Cancel 2016.2]

You are assuming that IRS withholding tables are part of the tax code (i.e. statutory law). I don't think that they are. If they are, obviously he couldn't do it. If they're aren't statutory law but simply IRS publications, there's nothing unconstitutional about it.

On the 10 point scale of likely things Obama would do, this is about a negative eleventy.

No, what I did was misread what you wrote. For some reason when reading it, I thought you were saying the IRS should not raise the lower tax brackets. But you are saying have businesses (via the IRS tables) withhold taxes for those making under $250k as if those brackets would eventually be returned to the Obama tax cut levels.

My fault on the misread.

 

[Bonestorm]

No, what I did was misread what you wrote. For some reason when reading it, I thought you were saying the IRS should not raise the lower tax brackets. But you are saying have businesses (via the IRS tables) withhold taxes for those making under $250k as if those brackets would eventually be returned to the Obama tax cut levels.

Correct, sir.

My fault on the misread.

No worries.

 

[USFREEDOM911]

The only reason he wants higher taxes; is because he has no job and how much can you tax the cardboard box, that he lives in.

Gee Dude; I guess I would groan also if I lived in a cardboard box, like you do.

 

[canceled.2021.1]

Obama should let the tax cuts expire in January and order the IRS not to change the withholding tables on income under $250,000.

I agree, let everyones taxes go up. FUCKING EVERYONES. Works for me.

 

[canceled.2021.1]

Like the lower tax brackets, the AMT can be fixed retroactively. That is not a problem.

Not in time for everyone to get their refunds. They would be hit with a $4000 tax bill. I hope it happens. People need to be smacked between the eyes. Why keep protecting them from their stupid decisions.

 

[canceled.2021.1]

I can. That would be an extreme abuse of power (if not unconstitutional) to cherry pick which parts of the tax code he is going to have the IRS follow.

Since when has Obama Claus let the Constitution get in his way?

 

[Bonestorm]

Not in time for everyone to get their refunds. They would be hit with a $4000 tax bill. I hope it happens. People need to be smacked between the eyes. Why keep protecting them from their stupid decisions.

Refunds? What the hell are you talking about? The only issue with letting the tax cuts expire and then negotiating is the IRS withholding tables and people having money withheld from their paychecks on the basis of the increased rates while the negotiations progress.

 

[canceled.2021.1]

Refunds? What the hell are you talking about? The only issue with letting the tax cuts expire and then negotiating is the IRS withholding tables and people having money withheld from their paychecks on the basis of the increased rates while the negotiations progress.

God you are fucking stupid. We were talking about the AMT douchebag. The IRS says itself if it is not fixed before the end of the year then people are fucked. Don't you pay attention? Or is your brain so filled with Obama Jizz that you can't even think straight?

It would be less embarrassing for you if you were more informed on issues before you opened your fucking pinhole. I know you demalquedacrats require links for everything so take a gander at this. And since you are probably too stupid to comprehend the entire article, I will give you the relevant part. Now slink away in embarrassment you dumb shit


http://www.thefiscaltimes.com/Blogs...MT-Set-to-Squeeze-the-Middle-Class.aspx#page1


Unlike other tax hikes set for next year, the AMT bill would come due almost immediately and would be very difficult to fix or retract after the 2012 tax year ends on Dec. 31, according to the IRS.