Mott the Hoople
Sweet Jane
Are you for or against the Obama middle class tax cuts?
Are you for or against the Obama middle class tax cuts?
- Thread starter Mott the Hoople
- Start date
cawacko
Well-known member
which tax cuts are those? the 2001 tax cuts that are scheduled to expire that Obama has said he wants to make permanent or some other ones?
Billy the Great Khan
Uwaa OmO
Both actually. I'm against the idea of taxing the rich more, but I'm also against the idea of raising taxes at all when the government won't cut spending.
Minister of Truth
Practically Perfect
That's sexy.
cawacko
Well-known member
since i was actually being serious what am I missing?
Minister of Truth
Practically Perfect
That's tiiiiiight!!
Mott the Hoople
Sweet Jane
Just absolutely fabulous!
Billy the Great Khan
Uwaa OmO
Tis be physically attractive.
Mott the Hoople
Sweet Jane
Only if he can off set them with spending cuts.
Mott the Hoople
Sweet Jane
So you do support the Obama middle class tax cuts?
Cancel 2016.2
The Almighty
He is NOT cutting their taxes... he is either going to KEEP them at the SAME level they are at or he is going to RAISE them.
I see. So if Obama let's Bush's law remain in place, Obama raises taxes. If Obama passes a new law that cuts taxes, he's just keeping them the same. That's stupid.
Mott the Hoople
Sweet Jane
I'm assuming he's against the Obama middle class tax cuts then.
Cancel 2016.2
The Almighty
No, what is stupid is suggesting that Obama is cutting taxes when the tax brackets would not change from current levels (on the under $250k anyway).
Yes, if Obama allows the tax cuts to expire, the tax rates will be going up on everyone, including those making $250k or less.
The complete stupidity on the parts of hacks like you pretending that he would be cutting taxes is quite amusing. It reminds me of when idiots on the left proclaim Reps are trying to CUT spending when in fact they would simply be cutting the amount of the INCREASE in spending.
Cancel 2016.2
The Almighty
Show me where he is cutting taxes...
The current tax brackets are:
Single
Taxable income is over But not over The tax is Plus Of the amount over
$0 8,375 $0.00 10% $0
8,375 34,000 837.50 15% 8,375
34,000 82,400 4,681.25 25% 34,000
82,400 171,850 16,781.25 28% 82,400
171,850 373,650 41,827.25 33% 171,850
373,650 108,421.25 35% 373,650
Married Filing Jointly
Qualifying Widow(er)
Taxable income is over But not over The tax is Plus Of the amount over
$0 16,750 $0.00 10% $0
16,750 68,000 1,675.00 15% 16,750
68,000 137,300 9,362.50 25% 68,000
137,300 209,250 26,687.50 28% 137,300
209,250 373,650 46,833.50 33% 209,250
373,650 101,085.50 35% 373,650
So tell us Mott.... Which of those current brackets is Obama going to cut???