From my perspective, we need to let the fiscal cliff play out. Then again, I do bio-hazard clean up after suicides, so I might be biased.

TheStag: Who is this 'Fiscal Cliff' and why does he have so much control of my taxes? Can't we just find him and kick his a$$ or something?



Well, you see, Norm, it's like this. A herd of buffalo can only move as fast as the slowest buffalo. And when the herd is hunted, it's the slowest and weakest ones at the back that are killed first. This natural selection is good for the herd as a whole, because the general speed and health of the whole group keeps improving by the regular killing of the weakest members.In much the same way, the human brain can only operate as fast as the slowest brain cells. Now, as we know, excessive intake of alcohol kills brain cells. But naturally, it attacks the slowest and weakest brain cells first. In this way, regular consumption of beer eliminates the weaker brain cells, making the brain a faster and more efficient machine.

And that, Norm, is why you always feel smarter after a few beers.

It's not a cliff, it's a bluff.

ISubmittedThisYesterdayWIthAMuchFunnierHeadline: ""Boss, we need to talk about my salary. I'd like to negotiate a pay cut.""

[TaxBracketsDoNotWorkThatWay.jpg]

/Morbo

Hey Barack, we need to talk about the "fiscal cliff".


Will these "talks" be like the extension of the Bush tax cuts back in 2010?


I hope not, but more than likely yes.


Ok, hold on a minute...


(Nov 22, 2012)

Uhh, Barack, we need to talk.


I know, but I'm on the phone...

(Dec 31, 2012)

BARACK RICH PEOPLE WILL HAVE TO PAY MORE IN TAXES!!!!

(Jan 1, 2013)

I know.



/Don't mind paying my taxes, regardless of how much they are.

olddinosaur: Okay Farkers, here comes the economics:

No person pays taxes if he can pass along the costs, so if you tax the producer, he increases his prices and you have to pay.

That means everything you buy is more expensive, and unless you have a way to increase your own income, you are up shirt creek. Klar?

You cannot overrule the laws of economics any more than you can declare gravity to be a hoax and jump off a tall building without expectation of disaster.

Simple as that! Why can't everyone see that the whole thing can be resolved by a fool with a 4th grade education???

Amos Quito: What is a "sane" rate?

The same rate it was when the American economy had its greatest expansion ever, back in the late 1990s. Before some chimp came along and started a two-front war AND cut taxes at the same time, plunging us into an abyss of debt.

Problem?

If only there was somewhere to cut spending to alleviate these tax increases.

smitty04: Amos Quito: I say we impose a 100% tax on everyone and everything, and then create a caring, compassionate government bureaucracy that will fairly distribute to each according to his need.

It's the only reasonable solution.

Soon you have no one working. What would be the point. Forced labor camps would be the only solution, it worked in the USSR.


Well, people need SOME incentive to work.

sycraft: Ya I'm ok with this. While paying higher taxes isn't fun, it is needed. We need to increase the amount we pay. In fact, as in indicated by the temporary nature, we paid this amount not too long ago. I'm fine with my taxes going up.

Take all the bush tax custs away, we are still not even close to tackling the debt, and all we do is stall growth.

What a "Physical" Cliff may look like..