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(NYPost)   Citizen, time to pay up because we're going over the fiscal cliff. Them's the breaks. We're not swimming out of this one. No eddy here   (nypost.com) divider line 139
    More: Obvious, income taxes  
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8484 clicks; posted to Main » on 27 Dec 2012 at 10:25 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-12-27 04:44:34 AM
The Repubs not wanting to budge on increasing taxes is leading to increasing taxes.

I believe that actually fits the textbook definition of irony.
 
2012-12-27 05:34:42 AM
I read every little bullet point on that list and couldn't find a single farking one where I didn't say aloud to myself: "GOOD!"

And a little over a year and a half ago I identified as Randian.

Guess I've improved?
 
2012-12-27 05:48:50 AM

MadSkillz: The Repubs not wanting to budge on increasing taxes is leading to increasing taxes.

I believe that actually fits the textbook definition of irony.


3.bp.blogspot.com
 
2012-12-27 06:11:17 AM

doglover: MadSkillz: The Repubs not wanting to budge on increasing taxes is leading to increasing taxes.

I believe that actually fits the textbook definition of irony.

[3.bp.blogspot.com image 449x337]


I can't remember that scene. What are you attempting to communicate? Did I get "irony" wrong again? It's a difficult concept for such a simple word.
 
2012-12-27 06:42:18 AM
As usual, the press (at the request of the government) is making a mountain out of a molehill. According to the CBO, when we go off the "cliff," government spending will be initially cut by $9 billion, or 0.3%. By 2014 U.S. government spending will be above where it was this year. The deficit will go down by $487 billion. Of that $487 billion, the aforementioned $9 billion will be due to spending cuts. The other $478 billion will occur thanks to increased tax revenues. When the economy fails to revive, this will be blamed on the alleged "austerity" program of the federal government, without noting that the laughable "spending cuts" were vastly exceeded by the tax increases.
 
2012-12-27 07:19:20 AM

MadSkillz: The Repubs not wanting to budge on increasing taxes is leading to increasing taxes.

I believe that actually fits the textbook definition of irony.


This needs to be said everywhere.
 
2012-12-27 08:26:56 AM
Fiscal CliffTM
 
2012-12-27 10:17:51 AM

MadSkillz: doglover: MadSkillz: The Repubs not wanting to budge on increasing taxes is leading to increasing taxes.

I believe that actually fits the textbook definition of irony.

[3.bp.blogspot.com image 449x337]

I can't remember that scene. What are you attempting to communicate? Did I get "irony" wrong again? It's a difficult concept for such a simple word.


It's from The Devil's Hands Are Idle Playthings. Bender is confirming that what is being said on stage is, in fact, ironic.
 
2012-12-27 10:20:30 AM

DrPainMD: As usual, the press (at the request of the government) is making a mountain out of a molehill.


I wouldn't say "the press (at the request of the government)...", but rather "the press (being too lazy to do actual journalism, and instead spouting off any talking points they are handed which advance the drama of the story)..."
 
2012-12-27 10:26:29 AM
I will drink to that.

thelongestlistofthelongeststuffatthelongestdomainnameatlonglast.com
 
2012-12-27 10:26:54 AM
It is a shame that the Democrats are not willing to compromise and agree to a more reasonable plan.
 
2012-12-27 10:29:27 AM

iq_in_binary: I read every little bullet point on that list and couldn't find a single farking one where I didn't say aloud to myself: "GOOD!"


2nded
 
2012-12-27 10:32:12 AM

MadSkillz: The Repubs not wanting to budge on increasing taxes is leading to increasing taxes.

I believe that actually fits the textbook definition of irony.



The GOP does not want to raise taxes; the Dems do. The GOP wants things to continue as they are until were are firmly in fiscal recovery, as President Obama agreed in his first term.

It's the GOP's fault, somehow, and smells fishy.
 
2012-12-27 10:32:48 AM
The inheritance tax would go from 35 percent for estates valued over $5.12 million to 55 percent for estates valued over $1 million.

Who doesn't move all their stuff into a family trust before kicking the bucket? Only suckers pay these taxes.
 
2012-12-27 10:32:49 AM

Angry Drunk Bureaucrat: DrPainMD: As usual, the press (at the request of the government) is making a mountain out of a molehill.

I wouldn't say "the press (at the request of the government)...", but rather "the press (being too lazy to do actual journalism, and instead spouting off any talking points they are handed which advance the drama of the story)..."


As I have gotten older and learned a thing or two about a thing or two, the degree to which this is done is frankly shocking. The most offensive part being that many times it only take 30-40 seconds to find information contrary to the study-report-press release that the reporter reported as fact.


Anyway, someone made a very good case last year that the parties would do a nice song and dance and then go over the cliff. Since politically it was the easiest solution.
 
2012-12-27 10:34:21 AM
So we're going back to the Clinton-era rates?
 
2012-12-27 10:34:40 AM
I have been assured that the deficit is the biggest drag on our economy, so this actually a good thing, right GOPPers?
 
2012-12-27 10:35:36 AM
Guess cutting social spending is out of the question huh?
 
2012-12-27 10:35:56 AM

tricycleracer: The inheritance tax would go from 35 percent for estates valued over $5.12 million to 55 percent for estates valued over $1 million.

Who doesn't move all their stuff into a family trust before kicking the bucket? Only suckers pay these taxes.


How do things like homes factor into this?

Rising property values kind of make this a much bigger thing for a lot of people if that's the case.
 
2012-12-27 10:37:40 AM
lol "fair share"
 
2012-12-27 10:39:04 AM
It's not as though they are dealing with some force of nature, like the change of seasons, or nightfall.
It's an arbitrary deadline.

If both sides agree that the cliff would be a disaster, why is it not possible to postpone it, and keep things as they are for a couple of months until they iron things out?
 
2012-12-27 10:40:17 AM
No eddy? Is it behind that sofa then?

/Brushes rabbit bone from beard.
 
2012-12-27 10:40:20 AM
24.media.tumblr.com
 
2012-12-27 10:41:40 AM

MadSkillz: The Repubs not wanting to budge on increasing taxes is leading to increasing taxes.

I believe that actually fits the textbook definition of irony.


.
Oh for god's sake, wake up asshat. Both sides want us to go over the cliff. The US government has doubled in size in the past ten years, spending must be cut and taxes must be raised for everyone. This way each party can point the finger at the other party, and nobody has to take the blame for doing what must be done. But don't worry, your section eight house will be untouched.
 
2012-12-27 10:41:53 AM

kim jong-un: tricycleracer: The inheritance tax would go from 35 percent for estates valued over $5.12 million to 55 percent for estates valued over $1 million.

Who doesn't move all their stuff into a family trust before kicking the bucket? Only suckers pay these taxes.

How do things like homes factor into this?

Rising property values kind of make this a much bigger thing for a lot of people if that's the case.


I'm no professional, but this is a good primer .
 
2012-12-27 10:41:54 AM
Isn't this kind of what Republicans want? To "broaden the base" as they call it (code word for "make the poor and middle class pay more").
 
2012-12-27 10:42:14 AM
Tax the rich? Fark it, audit the farkers.
 
2012-12-27 10:43:39 AM
What bothers me most about this is that most (if not all) of these politicians --in both parties --are rich guys. They can weather a potential recession. They just have to settle for a smaller yacht this year. Meanwhile, millions of Americans who live paycheck to paycheck are going to be farked over. All because both sides are more interested in political points than getting something done.
 
2012-12-27 10:45:21 AM
It adds up to $536 billion more that Uncle Sam would pick out of America's pockets next year.

Ah yes, I also refer to the price I pay for civilization as theft.
 
2012-12-27 10:45:26 AM

generallyso: So we're going back to the Clinton-era rates?


Clinton era rates with Carter era employment and gas prices.
 
2012-12-27 10:46:14 AM
thunderlutz.files.wordpress.com
 
2012-12-27 10:47:50 AM

david_gaithersburg: MadSkillz: The Repubs not wanting to budge on increasing taxes is leading to increasing taxes.

I believe that actually fits the textbook definition of irony.

.
Oh for god's sake, wake up asshat. Both sides want us to go over the cliff. The US government has doubled in size in the past ten years, spending must be cut and taxes must be raised for everyone. This way each party can point the finger at the other party, and nobody has to take the blame for doing what must be done. But don't worry, your section eight house will be untouched.


I'm sensing a lot of hostility here. Do you perhaps take issue with the fact that some people rely on social programs to not wind up starving to death in a gutter?

/unemployed veteran
//still alive thanks to SNAP benefits and my disability checks
///why yes I HAVE tried looking for a job
 
2012-12-27 10:50:17 AM

iq_in_binary: I read every little bullet point on that list and couldn't find a single farking one where I didn't say aloud to myself: "GOOD!"

And a little over a year and a half ago I identified as Randian.

Guess I've improved?


Only problem I had with the list was the small increase in capital gains it needs to be treated as normal income
 
2012-12-27 10:51:54 AM

chaddsfarkprefect: MadSkillz: The Repubs not wanting to budge on increasing taxes is leading to increasing taxes.

I believe that actually fits the textbook definition of irony.


The GOP does not want to raise taxes; the Dems do. The GOP wants things to continue as they are until were are firmly in fiscal recovery, as President Obama agreed in his first term.

It's the GOP's fault, somehow, and smells fishy.


Huh? You left half of the equation out. The GOP wants to gut social programs, regardless of the fact that it's the last thing that should be done during a weak economy. Gutting social programs (the non- corporate type) doesn't affect their base (rich people) and they've done a good job of convincing people outside of their base to vote against their own interests. Of course, when the cuts DO come the GOP will cry about how Obama was the reason, thus keeping those voters.
 
2012-12-27 10:52:50 AM
We HAVE HAD a spending problem for 30 years. When you don't fix that problem it gets worse and worse. Then you fail to fix it until just when demographics are getting even worse and a smaller share of working adults are going to have to support a larger share of retired people, that's a bigger problem. But here's the kicker: those retiring assholes are the very people who voted in the politicians who borrowed from my generation. And now their farking social security and medicare are sacred cows? Fark them. They made this mess, they closed their eyes to 30 years of deficits and voted in Ronald Reagan again in 1984 over Mondale who told the truth and said that the only way to balance the budget in 19-farking-84 was the raise taxes.

Yeah, that's right. You guys lived off the economic prosperity of your parent's generation, and when that failed you borrowed from your children. Fark the boomers, biggest bunch of tit-suckling leeches on the planet.
 
2012-12-27 10:53:19 AM
My personal feeling is the republicans are waiting for the rates to reset so they can vote to cut them (rather than vote to raise them) and say they never voted to raise taxes .... I hope.
 
2012-12-27 10:55:40 AM

iq_in_binary: I read every little bullet point on that list and couldn't find a single farking one where I didn't say aloud to myself: "GOOD!"

And a little over a year and a half ago I identified as Randian.

Guess I've improved?


Yeah, looking at that list... I'm like... there's a big deal over THIS?!?!

Looks like a whole bunch of leeches and people who make ten thousand times my salary are getting tax breaks they shouldn't.
 
2012-12-27 10:55:56 AM

chaddsfarkprefect: MadSkillz: The Repubs not wanting to budge on increasing taxes is leading to increasing taxes.

I believe that actually fits the textbook definition of irony.


The GOP does not want to raise taxes; the Dems do. The GOP wants things to continue as they are until were are firmly in fiscal recovery, as President Obama agreed in his first term.

It's the GOP's fault, somehow, and smells fishy.


BWhahahahahahahahahahahahahah!

What smells fishy is the idea that the GOP wants a fiscal recovery. If they truly wanted that then they would be pushing for more stimulus spending by borrowing, and pushing that stimulus money towards either direct cash payments to the poor and middle class or purchase and giving away of goods and services. The idea that we can't afford new borrowing to finance new growth is silly, as long as the US dollar is the worlds reserve currency and the US government bond is the worlds saving vehicle of choice then we can continue to borrow indefinitely.

If the US was truly in a financial crises then interest rates on government bonds would be extremely high, not ridiculously low. The fact that the US Bond has an abnormally low interest rate means the US government should borrow it's way to fiscal recovery, not cut it's way into another recession.
 
2012-12-27 10:56:14 AM

MadSkillz: The Repubs not wanting to budge on increasing taxes is leading to increasing taxes.

I believe that actually fits the textbook definition of irony.


--------

WRONG... Republicans agreed to my dismay to raise taxes on anyone making a million+ and Obama still said no deal. But since you are a liberal democrat idiot I assume you are used to being wrong every day.
 
2012-12-27 10:56:32 AM

forcebender: My personal feeling is the republicans are waiting for the rates to reset so they can vote to cut them (rather than vote to raise them) and say they never voted to raise taxes .... I hope.


You are hoping that the GOP will put political gamesmanship ahead of doing what is best for the country?

The Republican ideologs are ruining this country.
 
2012-12-27 10:57:28 AM
Good on the Tax hikes. Honestly, i hate everyone complaining about how WIC and Welfare are mis-used. People are dumb and will do anything to make themselves feel better. I'm not saying it's right, but i think it, in the grand scheme of Taxes and it's uses is a moot point. If you break down what you put in, and what get's doled out for WIC and welfare programs, its rather small and not worth worrying about. I'd prefer that with what i put in, i know that i have structurally sound bridges and excellent emergency systems.
 
2012-12-27 10:59:06 AM

ltdanman44: iq_in_binary: I read every little bullet point on that list and couldn't find a single farking one where I didn't say aloud to myself: "GOOD!"

2nded


3rded.
 
2012-12-27 10:59:30 AM
Payroll taxes won't jump on January 1 because the IRS hasn't released new withholding instructions. If Congress doesn't extend the lower rates, withholding will be greater later to make up for "underwithholding" in January.

Talk about brinksmanship.
 
2012-12-27 10:59:43 AM

DrPainMD: As usual, the press (at the request of the government) is making a mountain out of a molehill. According to the CBO, when we go off the "cliff," government spending will be initially cut by $9 billion, or 0.3%. By 2014 U.S. government spending will be above where it was this year. The deficit will go down by $487 billion. Of that $487 billion, the aforementioned $9 billion will be due to spending cuts. The other $478 billion will occur thanks to increased tax revenues. When the economy fails to revive, this will be blamed on the alleged "austerity" program of the federal government, without noting that the laughable "spending cuts" were vastly exceeded by the tax increases.


let's repeat this
 
2012-12-27 10:59:59 AM
@ Max_pooper, well, they certainly aren't putting financial logic first - I can only hope it's political gamesmanship.  There's only a small minority of truly stupid ideologues in congress, the rest of them are just scared of being replaced in the primaries.
 
2012-12-27 11:00:33 AM
Oh god, the wailing on facebook. And I just have to laugh because all I can think is "I KNOW you don't make enough to have to worry about this".
 
2012-12-27 11:01:44 AM
It's a massive failure of leadership all the way around if this happens.

Pick your leader to blame and you are right.
 
2012-12-27 11:02:24 AM

clane: MadSkillz: The Repubs not wanting to budge on increasing taxes is leading to increasing taxes.

I believe that actually fits the textbook definition of irony.

--------

WRONG... Republicans agreed to my dismay to raise taxes on anyone making a million+ and Obama still said no deal. But since you are a liberal democrat idiot I assume you are used to being wrong every day.


Obama may have said no deal but Republicans did not agree to that deal since Boehner did not have the votes to pass it.

This is 98% Boehners fault.
 
2012-12-27 11:02:50 AM

kukukupo: generallyso: So we're going back to the Clinton-era rates?

Clinton era rates with Carter era employment and gas prices.



So about 6% unemployment and oil for under $40 per barrel?

29.media.tumblr.com
 
2012-12-27 11:03:26 AM
Okay.
 
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