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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 04:42:26 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?


You're scoffing at an additional 3% (IIRC) of $10k. That's it
 
2012-12-31 04:42:33 PM
Currently on CNN: How dare that black fella crack jokes during this fictional "crisis."
 
2012-12-31 04:42:47 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 have to pay more because the society they are a part of needs it, and they're fortunate enough to be amongst the wealthy who can afford it.

If they share your ignorant views and talking points, go fark off to Mexico. Oh wait, there isn't a society there for them to earn 260K a year is there?
 
2012-12-31 04:42:49 PM

Oznog: OK can someone explain the Fiscal Cliff deadlines to me?

Cause if this happens, it looks like it's gonna happen that some time zones that meet a midnight Dec 31st deadline and not others.

"Well, it looks like the Eastern seaboard has gone over the Fiscal Cliff, we managed to save Mountain and Pacific. Central was lost to the Fiscal Cliff by only 38 seconds. Bravely, Obama had jumped to the edge and caught it by a single hand, yet ultimately the weight of an entire time zone already passed proved too great. The anguish on his face was palpable as his solid grasp slipped from wrist to hand and then only fingertips and then slipped and he could do nothing but watch it freefall and bash on the rocks below and be dragged off by the crashing waves lapping at the rocks."


More likely, what Obama will do to the GOP if the Tea Party sabotages this deal.

i1282.photobucket.com

Yippy kay yea motherfarkers
 
2012-12-31 04:42:59 PM

Wangiss: 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.


Citation Needed

Name a few.  Difficulty: Can't be for Tax Evasion.
 
2012-12-31 04:42:59 PM

Active introvert: Why should they pay more so entitalment programs to "help" those who don't wish to work can continue?


Is that what you think is going on with the federal deficit?

Serious question, do you have any clue the relative amounts spent in the federal budget on various programs?
 
2012-12-31 04:43:19 PM

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

Yeah, penalize even moderately successful people like me.


If you make 250k or more you make many times the average income. Stop complaining.
 
2012-12-31 04:43:30 PM

Kuroshin: 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.


Pretty much. When they were faced with making a deal with the President or simply taking their ball and going home...they took their ball and went home.

Best part? This is pretty much what the President was hoping for. He was banking on them not passing a deal while he did his level best to look as moderate and compromising and generous as possible, knowing they'd never work with him.

At the end of the day, what will be remembered is the President offering deal after deal and the GOP walking away and letting taxes go up on EVERYONE.
 
2012-12-31 04:43:32 PM

Infernalist: 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.


I'm sure you are since it's not your money. It's your sisters.
 
2012-12-31 04:43:52 PM
Crap... I just got trolled

/welcometofark.jpg
 
2012-12-31 04:44:01 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?


It's only like 3.0% for the the 10K above $260K. So, $3K? That will break them? I find it difficult to believe.
 
2012-12-31 04:44:50 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 have to pay more because the society they are a part of needs it, and they're fortunate enough to be amongst the wealthy who can afford it.

If they share your ignorant views and talking points, go fark off to Mexico. Oh wait, there isn't a society there for them to earn 260K a year is there?

Benalto: 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.


That doesn't matter to him, because you see, they EARNED it, they EARNED it, do you understand?

Also people who are unemployed don't want to work, so it's their own fault.
 
2012-12-31 04:44:57 PM

djkutch: It's only like 3.0% for the the 10K above $260K. So, $3K? That will break them? I find it difficult to believe.


Not 3k, 300 dollars that they can probably find a way to write off.
 
2012-12-31 04:45:01 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?


So your sister and her husband have not taken advantage of any government entitlement, at all, ever, in their entire lives?
 
2012-12-31 04:45:04 PM

Zeno-25: [i.imgur.com image 500x413]


While I like the spine cartoon, I also have some - not a lot but some - faith in Obama's chess skills that are sometimes mistaken for weakness. We all want a Teddy Roosevelt-style motherf*cker to work on holmes here with a pair of pliers and a blowtorch, but we often miss the nuances of Obama's game. At least I do.

I never bought into the "long game" excuse for his performance in the first debate, but I know this man has wits that would shatter mine in five minutes. Let's see how this term turns out.
 
2012-12-31 04:45:07 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?


api.ning.com
 
2012-12-31 04:45:27 PM
Poor Republicans are all mad because Obama said mean things to them, and they're going to take their ball and go home? Poor babies.

There are three year old autistic children with more emotional maturity than Congressional Republicans.

Hell, I think a three year old autistic child being led around by a ten week old puppy on a leash would make a better Speaker of the House than Boehner.
 
2012-12-31 04:45:30 PM
a deal will be done and no one will be perfectly happy about it, the repubs will be the least happy but they painted themselves into a corner and have no escape they are damned if the do and damned if they don't.
 
2012-12-31 04:45:49 PM

jigger: Taxes aren't a penalty? WTF is the Obamandate about? How is that enforced? What do they call the tax you are charged for non-compliance? They call it "the penalty."


There is such a thing as a tax penalty; however, this does not make taxes, themselves, a penalty.
 
2012-12-31 04:45:58 PM

Kuroshin: Wangiss: 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.

Citation Needed

Name a few.  Difficulty: Can't be for Tax Evasion.


Someone already posted it. Thanks for playing.
 
2012-12-31 04:46:03 PM

Infernalist: Pretty much. When they were faced with making a deal with the President or simply taking their ball and going home...they took their ball and went home.

Best part? This is pretty much what the President was hoping for. He was banking on them not passing a deal while he did his level best to look as moderate and compromising and generous as possible, knowing they'd never work with him.

At the end of the day, what will be remembered is the President offering deal after deal and the GOP walking away and letting taxes go up on EVERYONE.


And once again, this is why liberals need to chill out.  Obama knows who he's dealing with now and he's playing the GOP like a fiddle.
 
2012-12-31 04:46:46 PM

Peter von Nostrand: Crap... I just got trolled

/welcometofark.jpg


Yup.

/I bet they don't even have a sister.
 
2012-12-31 04:47:16 PM

grimlock1972: a deal will be done and no one will be perfectly happy about it, the repubs will be the least happy but they painted themselves into a corner and have no escape they are damned if the do and damned if they don't.


The House is adjourned and the GOP is going home. The deal isn't gonna happen unless Boehner can force them to come back in and vote.
 
2012-12-31 04:47:47 PM

Mentat: 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 your sister and her husband have not taken advantage of any government entitlement, at all, ever, in their entire lives?


The government loves entitlements because they can always adjust the price after the fact.
 
2012-12-31 04:48:10 PM

o5iiawah: PsiChick: Because a tax that is  intended asa penalty is not the same as the taxes that are inherently part of society.

the SCOTUS says they are all the same - regardless of how you want to see them.


Reeeeaaallly. And I suppose the SCOTUS doesn't distinguish between 'vice taxes' (not sure if that's the right word) on tobacco\unhealthy foods and paycheck taxes either...

...No, wait, I actually believe that.

/However, that doesn't mean there isn't an ocean of difference.
 
2012-12-31 04:48:14 PM

Wangiss: Kuroshin: Wangiss: 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.

Citation Needed

Name a few.  Difficulty: Can't be for Tax Evasion.

Someone already posted it. Thanks for playing.


Anything I can CTRL + F for?  This thread's kinda dense to hunt back through manually.
 
2012-12-31 04:48:23 PM

Mentat: So your sister and her husband have not taken advantage of any government entitlement, at all, ever, in their entire lives?


Well they are entitled to it since they aren't a bunch of MOOCHERS!!11!
 
2012-12-31 04:48:55 PM
Also, Hilary's blood clot is in her head.

Unleash the Tinfoil!
 
2012-12-31 04:49:23 PM

Wangiss: The government loves entitlements because they can always adjust the price after the fact.


What does that mean?
 
2012-12-31 04:49:29 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.


"For every complex problem there is a solution which is simple, neat and wrong." - H.L. Mencken
 
2012-12-31 04:49:32 PM

Infernalist: grimlock1972: a deal will be done and no one will be perfectly happy about it, the repubs will be the least happy but they painted themselves into a corner and have no escape they are damned if the do and damned if they don't.

The House is adjourned and the GOP is going home. The deal isn't gonna happen unless Boehner can force them to come back in and vote.


i2.cdn.turner.com

Not only did they go home, they took his lunch money with them. Again.
/hot
 
2012-12-31 04:49:48 PM

The Larch: Poor Republicans are all mad because Obama said mean things to them, and they're going to take their ball and go home? Poor babies.

There are three year old autistic children with more emotional maturity than Congressional Republicans.

Hell, I think a three year old autistic child being led around by a ten week old puppy on a leash would make a better Speaker of the House than Boehner.


As a three-year-old autistic child, I wonder whether to take your comment as an insult. I just don't know.
 
2012-12-31 04:50:39 PM

Wangiss: The Larch: Poor Republicans are all mad because Obama said mean things to them, and they're going to take their ball and go home? Poor babies.

There are three year old autistic children with more emotional maturity than Congressional Republicans.

Hell, I think a three year old autistic child being led around by a ten week old puppy on a leash would make a better Speaker of the House than Boehner.

As a three-year-old autistic child, I wonder whether to take your comment as an insult. I just don't know.


wut u did thar, I SEE IT
 
2012-12-31 04:50:39 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.


Going kinda off-topic here (but what else is new, hello Fark) -- violent crime has dropped so far and so fast that it's impossible to ascribe it to any one factor. Did five times as many couples get married since 1991? Of course not. I agree with everything you said, though. The five-fold drop in violent crime is a welcome but puzzling development.

www.motherjones.com
 
2012-12-31 04:51:29 PM

bartink: djkutch: It's only like 3.0% for the the 10K above $260K. So, $3K? That will break them? I find it difficult to believe.

Not 3k, 300 dollars that they can probably find a way to write off.


I suck at math.

Well, then. What is the all the gnashing of the teeth about.
 
2012-12-31 04:51:47 PM

Kuroshin: Wangiss: Kuroshin: Wangiss: 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.

Citation Needed

Name a few.  Difficulty: Can't be for Tax Evasion.

Someone already posted it. Thanks for playing.

Anything I can CTRL + F for?  This thread's kinda dense to hunt back through manually.


Are you a welfare recipient? (jklol)
 
2012-12-31 04:52:38 PM

djkutch: bartink: djkutch: It's only like 3.0% for the the 10K above $260K. So, $3K? That will break them? I find it difficult to believe.

Not 3k, 300 dollars that they can probably find a way to write off.

I suck at math.

Well, then. What is the all the gnashing of the teeth about.


Rich people didn't get rich by being free and easy with their money. It's a mental disorder akin to food hoarding.
 
2012-12-31 04:53:29 PM

djkutch: I suck at math.

Well, then. What is the all the gnashing of the teeth about.


Foxnews syndrome.
 
2012-12-31 04:53:52 PM

StopLurkListen: 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.

Going kinda off-topic here (but what else is new, hello Fark) -- violent crime has dropped so far and so fast that it's impossible to ascribe it to any one factor. Did five times as many couples get married since 1991? Of course not. I agree with everything you said, though. The five-fold drop in violent crime is a welcome but puzzling development.

[www.motherjones.com image 388x277]


Freakonomics figured this one out already. Roe vs Wade + 18 years = 1991.
 
2012-12-31 04:53:55 PM

imontheinternet: Boehner still doesn't have the votes.  At least he did a count before he took it to the floor this time.


CNN says that they are not going to vote. The GOP can't even put together a bill that they can pass.  They are crying babies that don't even know what they want or just don't care.
 
2012-12-31 04:54:07 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?


Their standard and personal exceptions would have their taxable income below 250K. If their real income is closer to 300K and they have little in the way of deductions so their taxable income is 260K, then they will get a raise on that last 10K of about 4% or about $400. So you don't really expect to get a great many tears shed over that, do you?
 
2012-12-31 04:54:09 PM

bartink: Wangiss: The government loves entitlements because they can always adjust the price after the fact.

What does that mean?


If you got money from the government, your levied debt of gratitude and its monetary component can increase at the whim of legislators because you supposedly bought into the social contract. My parents were on welfare. As an adult, I will be reminded of this by spend-moar types who believe I owe the government for that. Never mind that children can't enter contracts. The social contract is special.
 
2012-12-31 04:54:59 PM

Somacandra: 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.


Indeed, and it is a great, foaming load of crap sold to Homelanders by banking lobbyists.
 
2012-12-31 04:55:44 PM

Active introvert: 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?


First, unless your sister and her husband don't own a house, have no children, and give no money to charity, there's a very good chance their taxes wouldn't go up a penny regardless, because the majority of people making less than $300,000 would see no increase in taxes because of how their individual deductions worked out.

But let's suppose your sister and her husband are in the one third of households making between $250K and $300K that would be affected by Obama's original plan to raise the marginal tax rate on incomes over $250,000 from 33% to 36%. They would see a tax increase of no more than... three hundred dollars a year.

Times are tough. Everyone has to make sacrifices. We all have to pull together and suck it up, and work together for the good of the country. And your sister and brother and law would have to suck up three hundred bucks. Boo hoo for them.
 
2012-12-31 04:56:32 PM

Infernalist: grimlock1972: a deal will be done and no one will be perfectly happy about it, the repubs will be the least happy but they painted themselves into a corner and have no escape they are damned if the do and damned if they don't.

The House is adjourned and the GOP is going home. The deal isn't gonna happen unless Boehner can force them to come back in and vote.


He can't get them in line to vote for his own bill, let alone anything coming from the Senate Dems.

Geronimo!
 
2012-12-31 04:56:42 PM

Wangiss: bartink: Wangiss: The government loves entitlements because they can always adjust the price after the fact.

What does that mean?

If you got money from the government, your levied debt of gratitude and its monetary component can increase at the whim of legislators because you supposedly bought into the social contract. My parents were on welfare. As an adult, I will be reminded of this by spend-moar types who believe I owe the government for that. Never mind that children can't enter contracts. The social contract is special.


Ah, so this is a more sophisticated version of "fark you I've got mine".

Got it.
 
2012-12-31 04:56:50 PM

StopLurkListen: Did five times as many couples get married since 1991? Of course not. I agree with everything you said, though. The five-fold drop in violent crime is a welcome but puzzling development.


You're right--its indeed puzzling. But its not off-topic. It just goes to show that tax policy is just one of many factors that influence the social fabric. Without being able to quantify the effects of tax credits and program cuts its difficult to know what kinds of decisions will lead to productive outcomes--and of course there are always external and international factors too. Maybe that is part of why politicians give "principles" as their answer to why they vote a certain way. And of course self-interest in terms of re-elections. The nitty-gritty of figuring out how best to craft tax and other socioeconomic policy in ways that are consistent with sets of visionary principles is just not sexy.
 
2012-12-31 04:57:07 PM

KarmicDisaster: imontheinternet: Boehner still doesn't have the votes.  At least he did a count before he took it to the floor this time.

CNN says that they are not going to vote. The GOP can't even put together a bill that they can pass.  They are crying babies that don't even know what they want or just don't care.


There's a rift in the party. That's how we get shiat sandwiches like this, remember?
 
2012-12-31 04:57:59 PM

Befuddled: 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.


Well, for some of them, they won't be doing anything because some of them only are going to be members of Congress for a couple more days. Some of them are going home and staying there for keeps.
 
2012-12-31 04:58:00 PM
I just hope all that extra revenue will go to a good place, a better place than from whence it came.
 
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