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(NewsChannel 5 Nashville) NewsFlash Obama says fiscal cliff deal is "emerging." OK HOPE IS COMING OUT   (newschannel5.com) divider line 993
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4949 clicks; posted to Main » on 31 Dec 2012 at 2:28 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»


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2012-12-31 04:24:36 PM

bartink: Who here really thinks the House is going to go along with this deal? Anyone? Hello? Is this thing on?


I give it a 47% chance.
Really, that's not just a joke.
It's a joke, too, but not a funny one.
 
2012-12-31 04:24:57 PM

incendi: their to boost demand


there, goddamnit. [bobtheflower.jpg]
 
2012-12-31 04:25:49 PM

o5iiawah: News to some folks, but politicians have altered the tax code to promote certain behaviors among the population in exchange for 'vote for me, I gave you a tax cut" In any normal world, being married wouldn't be any benefit since every living breathing soul over 18 would have to pay taxes regardless of whether or not they swore their life to someone else. Each person benefits from the protections of the Federal government, thus each should pay. Or as Madison called it - the General Welfare.


Its more than that. Rather than mandating behaviors more beneficial to the 'General Welfare,' the U.S. has chosen to incentivize these behaviors. In the U.S. home ownership has traditionally built more stable communities than rentals. Same with marriage versus being single. Optimizing these behaviors means fewer police interventions and frankly, longer and healthier life spans (for men anyway.) Thus less burden for police and emergency medical intervention and so forth and so on. You want to live in a way that potentially hits all of us more in the pocketbook and quality of life? Fine, but you'll pay more for doing so. We can dispute the wisdom of using the tax code to strengthen the social welfare like this, but this is how the USA has historically chosen to do this.
 
2012-12-31 04:26:30 PM

Wangiss: It's just a stupid thing that gets passed around by those ignorant of history. The history of the Civil War and Jim Crow and all that. It's important, historically, but has little or no bearing on current events.


It's even more stupid to try to conflate the Democratic Party of the 1860's with the Democratic Party of today.
 
2012-12-31 04:27:19 PM

Somacandra: o5iiawah: News to some folks, but politicians have altered the tax code to promote certain behaviors among the population in exchange for 'vote for me, I gave you a tax cut" In any normal world, being married wouldn't be any benefit since every living breathing soul over 18 would have to pay taxes regardless of whether or not they swore their life to someone else. Each person benefits from the protections of the Federal government, thus each should pay. Or as Madison called it - the General Welfare.

Its more than that. Rather than mandating behaviors more beneficial to the 'General Welfare,' the U.S. has chosen to incentivize these behaviors. In the U.S. home ownership has traditionally built more stable communities than rentals. Same with marriage versus being single. Optimizing these behaviors means fewer police interventions and frankly, longer and healthier life spans (for men anyway.) Thus less burden for police and emergency medical intervention and so forth and so on. You want to live in a way that potentially hits all of us more in the pocketbook and quality of life? Fine, but you'll pay more for doing so. We can dispute the wisdom of using the tax code to strengthen the social welfare like this, but this is how the USA has historically chosen to do this.


"Historically" is a funny word to use in this context.
 
2012-12-31 04:27:55 PM

midigod: Wangiss: It's just a stupid thing that gets passed around by those ignorant of history. The history of the Civil War and Jim Crow and all that. It's important, historically, but has little or no bearing on current events.

It's even more stupid to try to conflate the Democratic Party of the 1860's with the Democratic Party of today.


What someone was doing was conflating the Democratic Party of the 1860s with the Republican Party of today.
 
2012-12-31 04:27:55 PM
Boehner still doesn't have the votes.  At least he did a count before he took it to the floor this time.
 
2012-12-31 04:28:14 PM

Mike_LowELL: Taxbongo bin Congo von Rapmaster 2000 just caused the largest tax increase in American history.  Gonna go prep the bomb shelter.  Later, n00bs.


See you on the other side, you magnificent bastard, you!
 
2012-12-31 04:28:24 PM

o5iiawah: thenewmissus: The House won't send a serious budget, instead they send crap and then point fingers that the Dems won't pass it.

to Democrats, anything less than a $1.3TN yearly deficit is "partisan wankery"


Let's cut spending (minus defense where it makse up 33% of the budget), increase it instead and cut taxes.

We'll balance that budget in no time!!!
 
2012-12-31 04:28:34 PM

tenpoundsofcheese: It also worked as the Dems kept control of the House and gained more governorship seats in 2012.


You mean the Senate, right?
 
2012-12-31 04:29:30 PM

Kuroshin: Mike_LowELL: Taxbongo bin Congo von Rapmaster 2000 just caused the largest tax increase in American history.  Gonna go prep the bomb shelter.  Later, n00bs.

See you on the other side, you magnificent bastard, you!



Yeah, that was inspired.
 
2012-12-31 04:30:03 PM
schneide.files.wordpress.com
 
2012-12-31 04:30:34 PM
I'd like to throw Wolf Blitzer off a cliff.
 
2012-12-31 04:30:34 PM

Jake Steed: Government should do what a responsible American would do in the same situation. STOP spending so much and live within your means, its all very simple.


If by simple you mean stupid, sure. Unless this American you're envisioning has the power to print his own money.

Know what else is really farking stupid? That with interest rates at essentially negative right now, the gov't is failing to borrow all they can get their hands on and use it for infrastructure projects. That's truly retarded.
 
2012-12-31 04:31:12 PM
In summary:

Personal income: $400K
Household income: $450K
House GOP: lol, we're not voting

/rip
 
2012-12-31 04:31:36 PM

OtherLittleGuy: Screencap of the behind-the-scenes negotiations:

[www.tvchoicemagazine.co.uk image 300x270]

"Members of the Tea Party! I give you ONE last chance. Accept the deal and avert the Fiscal Cliff...."

followed by.....

"....then, I am so so sorry. This will be your undoing, and remember that you did this to yourselves...."


Wrong Doctor. Tennant gave you warnings. Smith just kicks your ass.
 
2012-12-31 04:31:57 PM

Evil High Priest: Jake Steed: Government should do what a responsible American would do in the same situation. STOP spending so much and live within your means, its all very simple.

If by simple you mean stupid, sure. Unless this American you're envisioning has the power to print his own money.

Know what else is really farking stupid? That with interest rates at essentially negative right now, the gov't is failing to borrow all they can get their hands on and use it for infrastructure projects. That's truly retarded.


Agreed on all counts. We'd all be better off in this discussion if people didn't insist on trying to equate national economics with some fool making a weekly paycheck.

It's not the same farking thing.
 
2012-12-31 04:31:58 PM

Evil High Priest: Unless this American you're envisioning has the power to print his own money.


Who knew the solution was so simple?
 
2012-12-31 04:32:22 PM

Wangiss: incendi: Wangiss: What do they do if you don't pay your taxes?

I failed to file one year. Probably would've been due a return, but never heard anything about it. I don't get SS credit for working that year, I guess.

I hope you're okay. People go to jail for not paying their taxes. (Yes, really.)


No, not really. There are no criminal penalties for simply not paying. Attempting to defraud the IRS can get you in jail, but simply not paying will at worst get your wages garnished or a private collection agency sent after you.

If you own on your taxes and you simply fail to file a tax return on time you get fined, not jail time. If you are owed a refund, there is no fine.
 
2012-12-31 04:32:41 PM

Gosling: Wrong Doctor. Tennant gave you warnings. Smith just kicks your ass.


Ain't nobody got time for that... not even a time lord.
 
2012-12-31 04:33:16 PM

AngryJailhouseFistfark: It cost me the same to rent as to pay a mortgage but with the mortgage I got Sweet Deductions. My behavior was directly influenced by tax policy.


And that is precisely by design. High concentrations of rental properties are associated with more kinds of State intervention in the USA (not in Europe or necessarily elsewhere). When you own, you have an incentive to keep and maintain the property and the people there than when you just rent. Same thing with marriage. Unmarried people in the U.S. (especially men)  live shorter, nastier and more brutish lives (to invoke Thomas Hobbes) and they cost the State (meaning the rest of us) disproportionately more to deal with. Therefore productive behaviors that contribute to social stability are incentivized, and those that tend to detract from stability are dis-incentivized and accounted for with the extra taxes. Or so the story is designed to go.
 
2012-12-31 04:33:47 PM

Shrugging Atlas: 400/450k cutoff now? I wonder how much nothing Dems got in return for that bullshiat.


Sound like a typical lib who just wants to punish successful people instead of fix the problem. Way to go.

Just sad. People like you and your bunch, if were around in the past, would have just kissed Britain's butt and the US would not even be.
 
2012-12-31 04:34:15 PM

GoldSpider: Evil High Priest: Unless this American you're envisioning has the power to print his own money.

Who knew the solution was so simple?


Well, it really is. If that person is both immortal and mostly indestructible and shows both restraint in printing his money 'and' shows remarkable ability to repay his debts 'and' is the biggest bastard on the block and no one wants to mess with him.

Come to think of it, it's not at all the same thing, really.
 
2012-12-31 04:34:50 PM
Wolf Blitzer just announced on TV that the House of Representatives has adjourned and will not reconvene.

Assholes.

Anything to make the n*gger look bad, right Bohner?
 
2012-12-31 04:35:13 PM

Wangiss: "Historically" is a funny word to use in this context.


Why? This has been an ongoing debate long before the United States even existed. And its been part of our intellectual political culture especially since the major expansion of the Federal government with the Civil War.
 
2012-12-31 04:35:17 PM

ChuDogg: Personally I'm rooting for the fiscal cliff.

 
2012-12-31 04:35:17 PM

vernonFL: RIP Cliff

[userserve-ak.last.fm image 500x322]


Goddammit this is the third time today someone with superior internets has made the corny joke I intended to. And I'm not even a Metallica fan.

/tiny fist, etc...
 
2012-12-31 04:35:49 PM

Great_Milenko: Wolf Blitzer just announced on TV that the House of Representatives has adjourned and will not reconvene.

Assholes.

Anything to make the n*gger look bad, right Bohner?


RECESS APPOINT *ALL* THE POSITIONS!
 
2012-12-31 04:36:06 PM

Thunderpipes: Shrugging Atlas: 400/450k cutoff now? I wonder how much nothing Dems got in return for that bullshiat.

Sound like a typical lib who just wants to punish successful people instead of fix the problem. Way to go.

Just sad. People like you and your bunch, if were around in the past, would have just kissed Britain's butt and the US would not even be.


How the fark did you get off my ignore list?

fyi, I only ignore the obviously bad trolls.
 
2012-12-31 04:36:06 PM
i.imgur.com
 
2012-12-31 04:36:09 PM
Welp, over the cliff we go. I can has torches and pitchforks now??
 
2012-12-31 04:36:27 PM

sonnyboy11: Please do not set it at $400k and up. Stay at $250k. Thx


The combined income of my sister and her husband is around 260K. My sister is a school teacher at a private school teaching 1st graders. Her husband works for a company that provides floor sealants for industrial floors, he's a supervisor. They work very hard and both have had their jobs for over 10 years. These people are not the 1%.These people aren't rich. These are hard working Americans who work hard for their money and while they live comfortably, they EARNED IT. Why should they pay more so entitalment programs to "help" those who don't wish to work can continue?
 
2012-12-31 04:37:16 PM

Thunderpipes: Shrugging Atlas: 400/450k cutoff now? I wonder how much nothing Dems got in return for that bullshiat.

Sound like a typical lib who just wants to punish successful people instead of fix the problem. Way to go.

Just sad. People like you and your bunch, if were around in the past, would have just kissed Britain's butt and the US would not even be.


Well done. Simplistic, stupid and to the point. I'd have given you 7 out of 10 but for the last part questioning the patriotism of someone for having the gall to have a different opinion

8/10
 
2012-12-31 04:37:25 PM
We will be left with "change".
 
2012-12-31 04:37:47 PM
So, it's official, huh?

Good. I wasn't looking forward to a 'deal just to make a deal'. Let's all hold hands and jump off the cliff and see how bad the damage is when we hit bottom.
 
2012-12-31 04:38:33 PM

Infernalist: Good. I wasn't looking forward to a 'deal just to make a deal'. Let's all hold hands and jump off the cliff and see how bad the damage is when we hit bottom.


Hopefully I can get some money in my brokerage account before they work something out.
 
2012-12-31 04:38:36 PM

DeltaPunch: In summary:

Personal income: $400K
Household income: $450K
House GOP: lol, we're not voting We won't talk anymore


/Cliff
 
2012-12-31 04:38:38 PM

Thrag: Wangiss: incendi: Wangiss: What do they do if you don't pay your taxes?

I failed to file one year. Probably would've been due a return, but never heard anything about it. I don't get SS credit for working that year, I guess.

I hope you're okay. People go to jail for not paying their taxes. (Yes, really.)

No, not really. There are no criminal penalties for simply not paying. Attempting to defraud the IRS can get you in jail, but simply not paying will at worst get your wages garnished or a private collection agency sent after you.

If you own on your taxes and you simply fail to file a tax return on time you get fined, not jail time. If you are owed a refund, there is no fine.



26 USC § 7203:
Any person required under this title to pay any estimated tax or tax, or required by this title or by regulations made under authority thereof to make a return, keep any records, or supply any information, who willfully fails to pay such estimated tax or tax, make such return, keep such records, or supply such information, at the time or times required by law or regulations, shall, in addition to other penalties provided by law, be guilty of a misdemeanor and, upon conviction thereof, shall be fined not more than $25,000 ($100,000 in the case of a corporation), or imprisoned not more than 1 year, or both, together with the costs of prosecution. In the case of any person with respect to whom there is a failure to pay any estimated tax, this section shall not apply to such person with respect to such failure if there is no addition to tax under section 6654 or 6655 with respect to such failure. In the case of a willful violation of any provision of section 6050I, the first sentence of this section shall be applied by substituting "felony" for "misdemeanor" and "5 years" for "1 year".


/Link
 
2012-12-31 04:38:48 PM

Active introvert: sonnyboy11: Please do not set it at $400k and up. Stay at $250k. Thx

The combined income of my sister and her husband is around 260K. My sister is a school teacher at a private school teaching 1st graders. Her husband works for a company that provides floor sealants for industrial floors, he's a supervisor. They work very hard and both have had their jobs for over 10 years. These people are not the 1%.These people aren't rich. These are hard working Americans who work hard for their money and while they live comfortably, they EARNED IT. Why should they pay more so entitalment programs to "help" those who don't wish to work can continue?


Well, my sister and her husband are hard working people who make 248k a year and I'm just fine with this deal.

My anecdote negates your own.
 
2012-12-31 04:38:52 PM
I hear castor oil helps, grease the skids if you will.
 
2012-12-31 04:39:01 PM

Active introvert: sonnyboy11: Please do not set it at $400k and up. Stay at $250k. Thx

The combined income of my sister and her husband is around 260K. My sister is a school teacher at a private school teaching 1st graders. Her husband works for a company that provides floor sealants for industrial floors, he's a supervisor. They work very hard and both have had their jobs for over 10 years. These people are not the 1%.These people aren't rich. These are hard working Americans who work hard for their money and while they live comfortably, they EARNED IT. Why should they pay more so entitalment programs to "help" those who don't wish to work can continue?


They shouldn't pay more. I'd be happy if they paid the same percentage in taxes on the same percentage of income that I do.
 
2012-12-31 04:39:34 PM

Active introvert: sonnyboy11: Please do not set it at $400k and up. Stay at $250k. Thx

The combined income of my sister and her husband is around 260K. My sister is a school teacher at a private school teaching 1st graders. Her husband works for a company that provides floor sealants for industrial floors, he's a supervisor. They work very hard and both have had their jobs for over 10 years. These people are not the 1%.These people aren't rich. These are hard working Americans who work hard for their money and while they live comfortably, they EARNED IT. Why should they pay more so entitalment programs to "help" those who don't wish to work can continue?


That doesn't add up. Teachers make $45-70k and supervisors for floor sealant companies don't make $150-200k a year.

Oh wait, was your post sarcasm?
 
2012-12-31 04:39:44 PM

Active introvert: sonnyboy11: Please do not set it at $400k and up. Stay at $250k. Thx

The combined income of my sister and her husband is around 260K. My sister is a school teacher at a private school teaching 1st graders. Her husband works for a company that provides floor sealants for industrial floors, he's a supervisor. They work very hard and both have had their jobs for over 10 years. These people are not the 1%.These people aren't rich. These are hard working Americans who work hard for their money and while they live comfortably, they EARNED IT. Why should they pay more so entitalment programs to "help" those who don't wish to work can continue?


If they make $260k, and the rate is set for $250k and above, they're going to pay an additional 4% on $10,000 in income, or $400, or $33 a month. Boo farkin' hoo.
 
2012-12-31 04:39:50 PM

Thrag: Wangiss: incendi: Wangiss: What do they do if you don't pay your taxes?

I failed to file one year. Probably would've been due a return, but never heard anything about it. I don't get SS credit for working that year, I guess.

I hope you're okay. People go to jail for not paying their taxes. (Yes, really.)

No, not really. There are no criminal penalties for simply not paying. Attempting to defraud the IRS can get you in jail, but simply not paying will at worst get your wages garnished or a private collection agency sent after you.

If you own on your taxes and you simply fail to file a tax return on time you get fined, not jail time. If you are owed a refund, there is no fine.


And if you don't pay the fine? Or are we living in a voluntary tax system? (Answer: no.) Yes, people go to jail for not paying taxes.
 
2012-12-31 04:40:02 PM

Active introvert: sonnyboy11: Please do not set it at $400k and up. Stay at $250k. Thx

The combined income of my sister and her husband is around 260K. My sister is a school teacher at a private school teaching 1st graders. Her husband works for a company that provides floor sealants for industrial floors, he's a supervisor. They work very hard and both have had their jobs for over 10 years. These people are not the 1%.These people aren't rich. These are hard working Americans who work hard for their money and while they live comfortably, they EARNED IT. Why should they pay more so entitalment programs to "help" those who don't wish to work can continue?


They'll only pay the additional tax on the last 10K. You know that was in the proposal, right? The tax rates only kick in after the maximum income of the previous bracket.
 
2012-12-31 04:40:18 PM

Great_Milenko: Wolf Blitzer just announced on TV that the House of Representatives has adjourned and will not reconvene.

Assholes.

Anything to make the n*gger look bad, right Bohner?


Except that this actually makes the Dems look better by comparison.  Instead of bothering to vote for anything at all, they decided to just pack up and go home.
 
2012-12-31 04:41:46 PM

Somacandra: Unmarried people in the U.S. (especially men) live shorter, nastier and more brutish lives (to invoke Thomas Hobbes) and they cost the State (meaning the rest of us) disproportionately more to deal with.


How does that figure? Income tax rates on single individuals are higher. Not to mention the whole lack of the single biggest cost to society most people ever create - another person. Single people, directly or indirectly, pay property taxes their entire adult lives that contribute to the cost of educating all of those kids those ideal married couples are pumping out, for example.
 
2012-12-31 04:41:54 PM

Somacandra: Wangiss: "Historically" is a funny word to use in this context.

Why? This has been an ongoing debate long before the United States even existed. And its been part of our intellectual political culture especially since the major expansion of the Federal government with the Civil War.


Well, if America has been doing it since before it was founded, I guess you're right. Nevermind.
 
2012-12-31 04:41:55 PM

Active introvert: sonnyboy11: Please do not set it at $400k and up. Stay at $250k. Thx

The combined income of my sister and her husband is around 260K. My sister is a school teacher at a private school teaching 1st graders. Her husband works for a company that provides floor sealants for industrial floors, he's a supervisor. They work very hard and both have had their jobs for over 10 years. These people are not the 1%.These people aren't rich. These are hard working Americans who work hard for their money and while they live comfortably, they EARNED IT. Why should they pay more so entitalment programs to "help" those who don't wish to work can continue?


So they're paying 2% more in taxes on $10k?  You're griping about $200/yr?

Fark you.
 
2012-12-31 04:42:22 PM
This down-to-the-wire mess feels like kabuki theater just so both sides can get away with making big cuts in Social Security and Medicare without having to take the blame for it.
 
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