Capital gains expire next year. I'm selling out before I get bent over.

I hate it when my credit card bills come due, too.

There must be something else to sell rather than actually paying our debts. Obviously we can't get much for our national dignity but maybe there's some stuff in the attic we can do without.

The Dem's what? And who is "the Dem" you're referring to?

Jesus, it's amazing how many retards around here think that apostrophes (or should I say "apostrophe's" so that I speak in a language Subby understands) to form plural words. Did you learn anything in grammar school?

Cyberluddite: The Dem's what? And who is "the Dem" you're referring to?

Dem bones, dem bones...

Nabb1: Dem bones bone's, dem bones bone's...

Sorry. Pet peeve.

Leave Subby's Grammar out of this, she ain't done nothing to nobody... ceptin for being old.

Woe is me. I no longer have an incentive to work hard for that five-figure bonus, nor for next year's $10,000 raise. Instead, I shall quit my job and start working for minimum wage, as success is clearly a punishment.

Cyberluddite: Nabb1: Dem bones bone's, dem bones bone's...

Sorry. Pet peeve.

You have balls, after referring to John "Lurch" Edwards. Sheesh, shut up.

Enough of *that* - - bring back the Carter years!

And the dems assume their usual place as feudal lords. dicks.

GaryPDX: Capital gains expire next year. I'm selling out before I get bent over.

Well, raising the capital gains rate to 110% is one of the best ways to get the economy moving so just shut up and take it like a man.

flucto: GaryPDX: Capital gains expire next year. I'm selling out before I get bent over.

Well, raising the capital gains rate to 110% is one of the best ways to get the economy moving so just shut up and take it like a man.

lol..just wait until people see what that tax bill is going to do. No one has ever won an election on a raising taxes platform..ever. People do generally vote their pocket book.

I'm not taking any chances. Besides, my plans are along that line anyway, this just motivates me to pursue what I was going to sooner. Motivation is a wonderful thing, I'm going to dodge those bullets just like everyone else. In 6 months everyone will have their houses up for sale.

GaryPDX: lol..just wait until people see what that tax bill is going to do. No one has ever won an election on a raising taxes platform..ever. People do generally vote their pocket book.

You have no idea what Obama's tax plan do you.

Does someone have an "is"? Mine left me.

RobertBruce: And the dems assume their usual place as feudal lords. dicks.

Jesus. Bizarro world, much?

cameroncrazy1984: Does someone have an "is"? Mine left me.

It didn't leave. The Democrats probably taxed it out of your sentence.

RobertBruce: And the dems assume their usual place as feudal lords. dicks. cleaning up the economy after the Republicans have had their way with it.

Repaired.

cameroncrazy1984: GaryPDX: lol..just wait until people see what that tax bill is going to do. No one has ever won an election on a raising taxes platform..ever. People do generally vote their pocket book.

You have no idea what Obama's tax plan do you.

Yea..to some degree. He keeps shaping it. I know what Pelosi's plan is and the Democratic Congress. That's a little more important than Obama's ideas.

And after today, Bush has no more influence at all according to this article so..I can only assume that Capital Gains WILL expire as scheduled January 1 2009. Before Obama takes office. And all they have to do is NOTHING.

Green?..ooo..cool. People need to start breaking out their calculators on this one. Don't worry, if you live in an apartment or your moms basement..this won't effect you..lol

/I keed, it'll affect your parents.

Nestea Plunge: No more paying for wars with magic beans and fairy dust, boys.

Force the end of the occupation of Iraq and the ... whatever we are doing in Afghanistan.

Cyberluddite: Did you learn anything in grammar school?

Obviously not grammar.

/BTW, the GOP has no right to refer to themselves as "limited govt" when they've spent all your tax dollars like a kid in a candy store

DarthBrooks: Enough of *that* - - bring back the Carter years!

Revenues without expenses, I want to live in your Magic Pony Land!

kronicfeld: Woe is me. I no longer have an incentive to work hard for that five-figure bonus, nor for next year's $10,000 raise. Instead, I shall quit my job and start working for minimum wage, as success is clearly a punishment.

Yeah, I'm totally kicking myself in the ass right now for working hard to get my law degree since I'm going to be asked to give more.

Buncha farkers, I want that new Prius next month instead of saving up over three.

GaryPDX:
lol..just wait until people see what that tax bill is going to do. No one has ever won an election on a raising taxes platform..ever. People do generally vote their pocket book.

Yeah, not unless people see an actual legitimate change stemming from the actions of the government rather than the natural oscillation of the economy. Which isn't going to happen. I see why they waited 'till the taxes for this election year were already paid to bring this up.

GaryPDX: No one has ever won an election on a raising taxes platform..ever.

Because no one ever runs on a raising taxes platform unless they are suicidal.

You do realize that O'bama has a tax LOWERING platform?

Dr.Salvador: Cyberluddite: Did you learn anything in grammar school?

Obviously not grammar.

/BTW, the GOP has no right to refer to themselves as "limited govt" when they've spent all your tax dollars like a kid in a candy store

I'm sorry, I just can't tag the entire GOP with the stupid antics of Bush and Crew. That's a bridge too far. Every republican I know can't stand those idiots and have been biatching about them for several years.

No shiat, they've been saying it for years. Of course they're going to do it to balance the budget.

thats good, its not like my parents are counting on those tax cuts to help pay for their kids educations or anything.

/work hard to pay for kids school
//nope sorry thats obama's money now

So much talk, and so little awareness. The capital gains 10% is the biggest income tax loophole, barring you get UBS to forge some documents

Action is necessary.

GAO estimates unfunded federal entitlement liabilities at $53 trillion
December 17, 2007
Summary Article

In a speech to the National Press Club, Comptroller General David Walker noted the release of the 2007 Financial Report of the United States Government and described the estimate that the "federal government's total liabilities and unfunded commitments for future benefits payments promised under the current Social Security and Medicare programs are now estimated at $53 trillion, in current dollar terms, up from about $20 trillion in 2000." This "translates into a de facto mortgage of about $455,000 for every American household and there's no house to back this mortgage," Walker said. The Medicare program represents $34 trillion of the "fiscal gap," with the prescription drug benefit along equaling about $8 trillion of the $34 trillion Medicare total. "Generations of Americans will be paying the price-with compound interest-for this new entitlement benefit," Walker noted. "In other words," Walker said, "our government has made a whole lot of promises that, in the long run, it cannot possibly keep without huge tax increases."

For the record, that figure is now $98 trillion mostly because Bush signed Medicare part D into law and revised numbers by the Dallas Fed because costs are rising faster than previously thought


But ignoring problems is FUN

PC LOAD LETTER: GaryPDX: No one has ever won an election on a raising taxes platform..ever.

Because no one ever runs on a raising taxes platform unless they are suicidal.

You do realize that O'bama has a tax LOWERING platform?

Look at the time line. Obama's "ideas" won't be viable until after they have expired. The damage will be done. Pelosi and the Democratic Congress has seen to that on this one. Remember, Obama is just running for the Executive Branch..not King.

The rich are a minority so fark them. The government should steal their money and redistribute it to everyone else (after taking a cut). That is what democracy is all about: screwing over the minority.

TommyBahama: thats good, its not like my parents are counting on those tax cuts to help pay for their kids educations or anything.

/work hard to pay for kids school
//nope sorry thats obama's money now

I got one teenager starting in the fall and another in two years. We certainly could wait a little while..that's for sure. But NOOOOOOO..Must exact revenge on the evil Republicans. I'm not even rich or a Republican..this is gonna cost me about 25 grand unless I can sell my house before they take affect.

cameroncrazy1984: GaryPDX: lol..just wait until people see what that tax bill is going to do. No one has ever won an election on a raising taxes platform..ever. People do generally vote their pocket book.

You have no idea what Obama's tax plan do you.

He plans to lower income taxes on the poor and middle class, and raise them on the rich (though there is a rather loud argument on where each division falls).

_{/In an ideal world, a true "change" candidate would campaign on a platform of shifting taxes from income to land value and economic rent. Getting rid of the IRS altogether is not fiscally irresponsible if a better source of funding is available.}

GaryPDX: Remember, Obama is just running for the Executive Branch..not King.

That's what you think.

AHAHAHAAAAAAAAAAAA!!!

Nestea Plunge: GaryPDX: Remember, Obama is just running for the Executive Branch..not King.

Correct, he won't take His Highness, Lord King Bush's approach

I don't like Kings..Blue ones OR Red ones.

Snarfangel: /In an ideal world, a true "change" candidate would campaign on a platform of shifting taxes from income to land value and economic rent. Getting rid of the IRS altogether is not fiscally irresponsible if a better source of funding is available.

Something like the IRS will always be around under some sort of name; stay with attacking the concept of income tax.

Nestea Plunge: You see it as revenge because that is all you bastards know.

I see it as the removal of incentive to generate anything, since king BPB is just gonna take it away for undeserving lazy farkwits.

Nestea Plunge: Tax cuts for the rich don't do diddly. They don't invest back into the economy by buying consumer goods and services, they buy yachts and ship their money off to tropical tax shelters and Swiss banks.

The swathe this is going to take is far broader than the 1%. I make less than 100k a year and it's hitting me right between the eyes. If I don't react fast to avoid it.

TommyBahama: nope sorry thats obama's money now

Yeah, he's going to buy Michelle a new dress.

Dumbass.

GaryPDX: Look at the time line. Obama's "ideas" won't be viable until after they have expired. The damage will be done. Pelosi and the Democratic Congress has seen to that on this one. Remember, Obama is just running for the Executive Branch..not King.

Unlike King Bush. "Damage?" I paid MORE in taxes after the cuts. Why? Because state taxes went up. And they pretty much always do when there is a federal cut.

I don't expect to get any benefit from anyone's plans.

Snarfangel: He plans to lower income taxes on the poor and middle class,

Yep, he's going to lower taxes on those who don't make enough to pay any.

DarthBrooks: Enough of *that* - - bring back the Carter years!

Strangely, the dollar dropped in value at the same time...

captain_napalm: Nestea Plunge: You see it as revenge because that is all you bastards know.

I see it as the removal of incentive to generate anything, since king BPB is just gonna take it away for undeserving lazy farkwits.

I certainly won't be starting any businesses or hiring anyone until the climate changes, that's for sure. Besides..they won't starve or anything and they'll get health care. They don't need me. They'll have the government to fall back on..:)

GaryPDX: Capital gains expire next year. I'm selling out before I get bent over.

Same here. Though I was planning to anyway, this just makes it more sure.

they're not evil, they're just remarkably stupid and short-sighted.
We're supposedly fighting a war right? And whats something that anybody needs when fighting a war? That's right, money. And lots of it.
Not that I'm advocating any NEW taxes mind you, but letting these ones expire makes a hell of a lot of sense from that viewpoint.

Nestea Plunge: GaryPDX: Nestea Plunge: Tax cuts for the rich don't do diddly. They don't invest back into the economy by buying consumer goods and services, they buy yachts and ship their money off to tropical tax shelters and Swiss banks.

The swathe this is going to take is far broader than the 1%. I make less than 100k a year and it's hitting me right between the eyes. If I don't react fast to avoid it.

Well you know, freedom isn't free.

No it isn't, but I'd rather the government didn't take all my money first so I can't play the game.

You mean those dirty Democrats aren't going to let me get away with pushing my debt onto my grandchildren? Those BASTARDS!

I'll show them--I'll quit my job and go on welfare.