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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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4955 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 05:38:36 PM  

Waxing_Chewbacca: It's a good deal. 250k in NYC is a lot different than, say, Iowa.


Besides the fact that we shouldn't set national tax policy based on outlier situations -- and the fact that, even in NYC, 250k is doing better than the vast majority of people -- the proposal isn't a tax on "people making 250k". It's a moderate tax increase on income *over* 250k. The impact on someone making slightly more than 250k would be negligible.

IMHO, even 250k should be temporary and the threshold should go down as the economy improves.
 
2012-12-31 05:39:13 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.


i.qkme.me
 
2012-12-31 05:40:01 PM  

scubamage: The republicans got exactly what they wanted - tax hikes for everyone. Now they can come in after the new year and vote for a tax cut on the lower/middle class, and they can honestly say they never once voted for a tax increase. Sadly, there are a lot of HR and tax folks who are going to go all head-explodey with the tax implications of this little game.


No, they can't. By being unwilling to compromise, taxes went up thanks to them. They're screwed for doing this. Thanks for raising my taxes, Republicans!
 
2012-12-31 05:40:23 PM  

Wangiss: Wangiss:

As a side note, through my work I help to bring over $100k in revenues to the U.S. from overseas, the majority of those revenues go to pay the salaries of the majority of our employees in the Seattle area and are taxed at both the state and federal level creating jobs. You know, the things that the right is busy fighting against.

If there's one thing the right hates, it's entrepreneurship.

And love lethargia. Welfare for us, just not "them" amiright?

Yes, politicians will gladly take our money. They love doing that.

Wait, I think I seriously misinterpreted your post. What did you mean?


So you couldn't keep up with a simple conversation.

Surprised, I tell you, I'm surprised as all hell.
 
2012-12-31 05:40:53 PM  
Eh, I should be paying higher taxes, and I'll be making just over 65K this year. Not much compared to probably a lot of you folks posting here, but I have a great lifestyle.

President Obama is negotiating against himself again, I see.
 
2012-12-31 05:41:46 PM  

Raharu: rohar: tenpoundsofcheese: make me some tea: Well, it's more of a downward slope than a cliff, anyway.

At least we'll starting whittling down this debt.

how's that since 0bama has proposed more spending?

Lots of people proposed lots of things. It didn't happen. Now we increase taxes and reduce spending. How could this not reduce the debt?

An uppity blah democrat is in the whitehouse.

Duh.


You need to go look at the god damn math there buddy. NOT. EVEN. CLOSE.
 
2012-12-31 05:41:50 PM  

Tarl3k: 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.

[i.qkme.me image 604x453]




It can very easily be both.
 
2012-12-31 05:43:22 PM  

rohar: If there's one thing the right hates, it's entrepreneurship.

And love lethargia. Welfare for us, just not "them" amiright?

Yes, politicians will gladly take our money. They love doing that.

...and farmers, boeing employees, haliburton and any number of other right wing groups that don't produce usefull products.


Yes, they need to stop. Subsidies suck. They're stupid. At this point, it's looking like a deliberate obesity epidemic, but I try not to get all Conspiracy about things. Why Boeing or any other company should get more from our government than the value of its products is beyond me. I hate that crap. Thank you for building a business. I'm doing the same. I have invented a card game that teaches Japanese. Think: if Pokemon kids knew as much Japanese as they knew about those imaginary evolving menaces, they'd be speaking at a 6th grade level. Limited Alpha release next month. Wish me luck.
 
2012-12-31 05:44:07 PM  

rohar: Wangiss: Wangiss:

As a side note, through my work I help to bring over $100k in revenues to the U.S. from overseas, the majority of those revenues go to pay the salaries of the majority of our employees in the Seattle area and are taxed at both the state and federal level creating jobs. You know, the things that the right is busy fighting against.

If there's one thing the right hates, it's entrepreneurship.

And love lethargia. Welfare for us, just not "them" amiright?

Yes, politicians will gladly take our money. They love doing that.

Wait, I think I seriously misinterpreted your post. What did you mean?

So you couldn't keep up with a simple conversation.

Surprised, I tell you, I'm surprised as all hell.


You shouldn't be. I'm kinda dumb.
 
2012-12-31 05:44:20 PM  
400,000/450,000k is probably a good level to mitigate negative economic impacts of a tax increase, imo, while giving relief to those already shouldering more than their share of the burden on the lower end. We have a parabolic effective tax rate system, after all
 
2012-12-31 05:44:26 PM  

Wangiss: 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.


Your parents should have sent you to work in the coal mines instead.  It would have built character.
 
2012-12-31 05:45:17 PM  

Smelly McUgly: President Obama is negotiating against himself again, I see.


President Obama knows that nothing short of complete surrender will get the GOP to vote in good faith, so he can propose whatever he wants without fear of consequence.
 
2012-12-31 05:45:17 PM  

sonnyboy11: scubamage: The republicans got exactly what they wanted - tax hikes for everyone. Now they can come in after the new year and vote for a tax cut on the lower/middle class, and they can honestly say they never once voted for a tax increase. Sadly, there are a lot of HR and tax folks who are going to go all head-explodey with the tax implications of this little game.

No, they can't. By being unwilling to compromise, taxes went up thanks to them. They're screwed for doing this. Thanks for raising my taxes, Republicans!


It's all about spin my friend. Their commercials will say that the democrats refused to compromise, and that the GOP members heroically fought to keep taxes from being raised on "Americans." Then, all they've actually voted for was a tax cut. This was more than likely the plan all along, because the republican party would more than likely implode right now if they actually voted to raise taxes. The tea derpers simply wouldn't accept it. From this point forward though, as long as the tea party is around the pubbies will basically be a lame duck party.
 
2012-12-31 05:45:43 PM  

rohar: tenpoundsofcheese: make me some tea: Well, it's more of a downward slope than a cliff, anyway.

At least we'll starting whittling down this debt.

how's that since 0bama has proposed more spending?

Lots of people proposed lots of things. It didn't happen. Now we increase taxes and reduce spending. How could this not reduce the debt?


where is the reduced spending in this deal?
 
2012-12-31 05:46:06 PM  

Mentat: Wangiss: 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.

Your parents should have sent you to work in the coal mines instead.  It would have built character.


Well, my father worked in a coal mine in Wattis, Utah after Jimmy Carter's Excellent Adventure, so he tried hard to build a better life for me. He only worked 40 hours, though, so I guess he's kind of an entitled prick.
 
2012-12-31 05:47:01 PM  

Mentat: Smelly McUgly: President Obama is negotiating against himself again, I see.

President Obama knows that nothing short of complete surrender will get the GOP to vote in good faith, so he can propose whatever he wants without fear of consequence.


Hmm. If this is true, then why agree to move the lower-limit for the expiration of the Bush Tax Cuts to 450K? Why not just sit at 250K, or if he wants to look like he's moving without really moving, 300K?
 
2012-12-31 05:47:19 PM  

Raharu: Tarl3k: 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.

[i.qkme.me image 604x453]

It can very easily be both.


Agreed...
 
2012-12-31 05:48:10 PM  

skullkrusher: 400,000/450,000k is probably a good level to mitigate negative economic impacts of a tax increase, imo, while giving relief to those already shouldering more than their share of the burden on the lower end. We have a parabolic effective tax rate system, after all


parabolic?  hows that?
 
2012-12-31 05:48:21 PM  

Mentat: Wangiss: 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.

Your parents should have sent you to work in the coal mines instead.  It would have built character.


This is what I don't understand about this think-of-the-children culture. It wasn't that long ago that children labored in coal mines and factories.
 
2012-12-31 05:48:38 PM  
I guess the thing I'm most upset about is the lack of a deal including raising the debt ceiling. That means we're going to see this dumb fight again in a month or so. Our credit rating may be lowered AGAIN for taking too long to act like adults and pay for the things we've already spent money on. The rest of the world can gawk at our ability to shoot ourselves repeatedly in same damn foot.
 
2012-12-31 05:49:07 PM  

tenpoundsofcheese: rohar: tenpoundsofcheese: make me some tea: Well, it's more of a downward slope than a cliff, anyway.

At least we'll starting whittling down this debt.

how's that since 0bama has proposed more spending?

Lots of people proposed lots of things. It didn't happen. Now we increase taxes and reduce spending. How could this not reduce the debt?

where is the reduced spending in this deal?


There is no deal. Sequester must take effect. That's what the deal was supposed to avoid.

Stand by for massive cuts all across the government. It should be entertaining as all hell.
 
2012-12-31 05:49:25 PM  

tenpoundsofcheese: skullkrusher: 400,000/450,000k is probably a good level to mitigate negative economic impacts of a tax increase, imo, while giving relief to those already shouldering more than their share of the burden on the lower end. We have a parabolic effective tax rate system, after all

parabolic?  hows that?


low for relatively lower incomes, goes up, goes back down at relatively very high incomes
 
2012-12-31 05:50:11 PM  

lexslamman: The GOP is either full of ethically bankrupt traitors, or they are irresponsible children who shouldn't be anywhere near the reins of power.


Those alternatives are neither exhaustive nor mutually exclusive.
 
2012-12-31 05:51:24 PM  

quizzical: I guess the thing I'm most upset about is the lack of a deal including raising the debt ceiling. That means we're going to see this dumb fight again in a month or so. Our credit rating may be lowered AGAIN for taking too long to act like adults and pay for the things we've already spent money on. The rest of the world can gawk at our ability to shoot ourselves repeatedly in same damn foot.


I'd be okay if Obama went ahead and ignored the Debt Limit. Risk impeachment. They're dying for a reason and the Senate won't convict.
 
2012-12-31 05:52:34 PM  

rohar: tenpoundsofcheese: rohar: tenpoundsofcheese: make me some tea: Well, it's more of a downward slope than a cliff, anyway.

At least we'll starting whittling down this debt.

how's that since 0bama has proposed more spending?

Lots of people proposed lots of things. It didn't happen. Now we increase taxes and reduce spending. How could this not reduce the debt?

where is the reduced spending in this deal?

There is no deal. Sequester must take effect. That's what the deal was supposed to avoid.

Stand by for massive cuts all across the government. It should be entertaining as all hell.


Jesus christ there won't be massive cuts. There will be a 1.5% cut in government spending. THAT'S IT.
 
2012-12-31 05:53:00 PM  
img17.imageshack.us
 
2012-12-31 05:53:20 PM  

Wangiss: GAT_00: Wangiss: How can anyone on a day like today? (WRONG!!1! Moar Government!!!)

The government is utterly failing to function at all and you think what we need is for it to work even worse?  You're special.

GAT, go troll someone else.


My mistake, I tried to apply logical conclusions to your bullshiat.
 
2012-12-31 05:54:30 PM  
Turtle Man and Boner LOSE.
LOSERS.
GOP LOSERS.
GOP LOSERS.
 
2012-12-31 05:55:15 PM  
The whole 250k in New York City is such a bullshiat argument.

The median household income in New York City is like 66k, 1/4 of 250k. If you make 4 times the average family you can stand a 3% hit on your income above 250k.
 
2012-12-31 05:55:15 PM  

GAT_00: Wangiss: GAT_00: Wangiss: How can anyone on a day like today? (WRONG!!1! Moar Government!!!)

The government is utterly failing to function at all and you think what we need is for it to work even worse?  You're special.

GAT, go troll someone else.

My mistake, I tried to apply logical conclusions to your bullshiat.


Dangit, I can't remember if you're really a troll, so I'll go ahead and reply (dangit, why).

You said, "you think what we need is for it to work even worse," but I do not think that. So you're wrong.
 
2012-12-31 05:55:33 PM  

webthing01: [img17.imageshack.us image 850x370]


I have you farkied as a birthed.

Confirm or deny so I can update my records.
 
2012-12-31 05:55:40 PM  

jayphat: rohar: tenpoundsofcheese: rohar: tenpoundsofcheese: make me some tea: Well, it's more of a downward slope than a cliff, anyway.

At least we'll starting whittling down this debt.

how's that since 0bama has proposed more spending?

Lots of people proposed lots of things. It didn't happen. Now we increase taxes and reduce spending. How could this not reduce the debt?

where is the reduced spending in this deal?

There is no deal. Sequester must take effect. That's what the deal was supposed to avoid.

Stand by for massive cuts all across the government. It should be entertaining as all hell.

Jesus christ there won't be massive cuts. There will be a 1.5% cut in government spending. THAT'S IT.


Sadly on average most american families are looking at around 2500$ in taxes a year. My household is looking at around 350$ a month in additional taxes, which sucks, a lot. That's groceries for us thanks to mortgage, student loans, and car loan.
 
2012-12-31 05:56:01 PM  
Stop all entitlements. You only have to bury scum once. Let them die.
 
2012-12-31 05:56:07 PM  

seventypercent: Yet you have a significant number of Americans how scream about how taxation is theft


To them any tax is theft because it goes to the caring and feeding of blah people.
 
2012-12-31 05:56:34 PM  

HotIgneous Intruder: Turtle Man and Boner LOSE.
LOSERS.
GOP LOSERS.
GOP LOSERS.


HotIgneous Intruder: Turtle Man and Boner LOSE.
LOSERS.
GOP LOSERS.
GOP LOSERS.


HotIgneous Intruder: Turtle Man and Boner LOSE.
LOSERS.
GOP LOSERS.
GOP LOSERS.


Not really. They get to hold the country hostage with another debt ceiling negotiation fiasco while S&P and Moody's downgrade us a-farking-gain.
 
2012-12-31 05:57:14 PM  

Raharu: webthing01: [img17.imageshack.us image 850x370]

I have you farkied as a birthed birther

Confirm or deny so I can update my records.

FTFMS

 
2012-12-31 05:57:42 PM  

jayphat: rohar: tenpoundsofcheese: rohar: tenpoundsofcheese: make me some tea: Well, it's more of a downward slope than a cliff, anyway.

At least we'll starting whittling down this debt.

how's that since 0bama has proposed more spending?

Lots of people proposed lots of things. It didn't happen. Now we increase taxes and reduce spending. How could this not reduce the debt?

where is the reduced spending in this deal?

There is no deal. Sequester must take effect. That's what the deal was supposed to avoid.

Stand by for massive cuts all across the government. It should be entertaining as all hell.

Jesus christ there won't be massive cuts. There will be a 1.5% cut in government spending. THAT'S IT.


Yeah, but it's still a total of 9.4 percent reduction for most parts of the Pentagon and 8.2 percent drop for most discretionary nondefense agencies.

No issue, there won't be any drama here.
 
2012-12-31 05:58:04 PM  

scubamage: jayphat: rohar: tenpoundsofcheese: rohar: tenpoundsofcheese: make me some tea: Well, it's more of a downward slope than a cliff, anyway.

At least we'll starting whittling down this debt.

how's that since 0bama has proposed more spending?

Lots of people proposed lots of things. It didn't happen. Now we increase taxes and reduce spending. How could this not reduce the debt?

where is the reduced spending in this deal?

There is no deal. Sequester must take effect. That's what the deal was supposed to avoid.

Stand by for massive cuts all across the government. It should be entertaining as all hell.

Jesus christ there won't be massive cuts. There will be a 1.5% cut in government spending. THAT'S IT.

Sadly on average most american families are looking at around 2500$ in taxes a year. My household is looking at around 350$ a month in additional taxes, which sucks, a lot. That's groceries for us thanks to mortgage, student loans, and car loan.


Time to think of ways to get that income back.

/no snark
 
2012-12-31 05:58:28 PM  
All that means is that the spineless bastard probably gave the Republicans everything they asked for.

He makes me sick and his inability to stick to his guns pisses me off. Of all the Charlie Browns, he is the Charlie Browniest and Boehner is Lucy with the farking football.
 
2012-12-31 05:59:19 PM  

scubamage: jayphat: rohar: tenpoundsofcheese: rohar: tenpoundsofcheese: make me some tea: Well, it's more of a downward slope than a cliff, anyway.

At least we'll starting whittling down this debt.

how's that since 0bama has proposed more spending?

Lots of people proposed lots of things. It didn't happen. Now we increase taxes and reduce spending. How could this not reduce the debt?

where is the reduced spending in this deal?

There is no deal. Sequester must take effect. That's what the deal was supposed to avoid.

Stand by for massive cuts all across the government. It should be entertaining as all hell.

Jesus christ there won't be massive cuts. There will be a 1.5% cut in government spending. THAT'S IT.

Sadly on average most american families are looking at around 2500$ in taxes a year. My household is looking at around 350$ a month in additional taxes, which sucks, a lot. That's groceries for us thanks to mortgage, student loans, and car loan.


What "average" is this based in?
 
2012-12-31 05:59:29 PM  

rohar: jayphat: rohar: tenpoundsofcheese: rohar: tenpoundsofcheese: make me some tea: Well, it's more of a downward slope than a cliff, anyway.

At least we'll starting whittling down this debt.

how's that since 0bama has proposed more spending?

Lots of people proposed lots of things. It didn't happen. Now we increase taxes and reduce spending. How could this not reduce the debt?

where is the reduced spending in this deal?

There is no deal. Sequester must take effect. That's what the deal was supposed to avoid.

Stand by for massive cuts all across the government. It should be entertaining as all hell.

Jesus christ there won't be massive cuts. There will be a 1.5% cut in government spending. THAT'S IT.

Yeah, but it's still a total of 9.4 percent reduction for most parts of the Pentagon and 8.2 percent drop for most discretionary nondefense agencies.

No issue, there won't be any drama here.


We just stopped a war that was going for close to 10 years. If you're not at war, the military shouldn't be spending as much. Sure we are still in afghanistan, but just afghanistan should cost less than afghanistan+iraq. There has never NOT been a point in our history where after a war we argued to keep military spending high.
 
2012-12-31 05:59:35 PM  

cretinbob: tenpoundsofcheese: cretinbob: The Teabaggers who have stated over and over they want to destroy America, just in fancy terms making it sound good,

citation or are you just a nut?

Have you not been listening to them?
That whole "get rid of the government" thing is pretty much what they said at every rally.

[0.tqn.com image 504x604]


so that is your citation for the Tea Party wanting to destroy America?  A picture of someone who says what Hillary said about it is okay to protest the actions of the government?
Really, that is the best you got?

You are too stupid to distinguish between people asking for smaller, fiscally responsible government and "getting rid of the government".

Careful, that is shadow behind you, don't be scared.
 
2012-12-31 06:00:53 PM  

Mighty Taternuts: The whole 250k in New York City is such a bullshiat argument.

The median household income in New York City is like 66k, 1/4 of 250k. If you make 4 times the average family you can stand a 3% hit on your income above 250k.


OMFG!!1!eleven!!1!  CLASS WARFARE!!1!  COMMIE DUMBOCRATS WANNA PUNISH SUCCESS!!!!
 
2012-12-31 06:01:16 PM  

tenpoundsofcheese: You are too stupid to distinguish between people asking for smaller, fiscally responsible government and "getting rid of the government".


And you are now the standard bearer for reasonable statements? Buahahahahahaha!!
 
2012-12-31 06:02:06 PM  

Mighty Taternuts: The whole 250k in New York City is such a bullshiat argument.

The median household income in New York City is like 66k, 1/4 of 250k. If you make 4 times the average family you can stand a 3% hit on your income above 250k.


What if you make 6.5x the median family in Mississippi? See, cuz that's what $250,000 represents there. So let's just tax that the same as $250,000 in NYC because it's more than you make so what the fark do you care?
 
2012-12-31 06:02:15 PM  

Mighty Taternuts: The whole 250k in New York City is such a bullshiat argument.

The median household income in New York City is like 66k, 1/4 of 250k. If you make 4 times the average family you can stand a 3% hit on your income above 250k.


You are missing the point.
It isn't about what hit you "can stand" it is about what is fair.

I am sure you can afford to take a hit and give money to Snooki, but that doesn't mean it is right to demand that you do.
 
2012-12-31 06:02:28 PM  

jayphat: scubamage: jayphat: rohar: tenpoundsofcheese: rohar: tenpoundsofcheese: make me some tea: Well, it's more of a downward slope than a cliff, anyway.

At least we'll starting whittling down this debt.

how's that since 0bama has proposed more spending?

Lots of people proposed lots of things. It didn't happen. Now we increase taxes and reduce spending. How could this not reduce the debt?

where is the reduced spending in this deal?

There is no deal. Sequester must take effect. That's what the deal was supposed to avoid.

Stand by for massive cuts all across the government. It should be entertaining as all hell.

Jesus christ there won't be massive cuts. There will be a 1.5% cut in government spending. THAT'S IT.

Sadly on average most american families are looking at around 2500$ in taxes a year. My household is looking at around 350$ a month in additional taxes, which sucks, a lot. That's groceries for us thanks to mortgage, student loans, and car loan.

What "average" is this based in?


Link

I misremembered, it's 3500, not 2500. So my household is looking at an additional ~7000$ in a taxes a year.
 
2012-12-31 06:02:47 PM  

lohphat: To them any tax is theft because it goes to the caring and feeding of blah people.


But they don't mind when it's spent killing brown people.
 
2012-12-31 06:03:32 PM  

Hermione_Granger: All that means is that the spineless bastard probably gave the Republicans everything they asked for.

He makes me sick and his inability to stick to his guns pisses me off. Of all the Charlie Browns, he is the Charlie Browniest and Boehner is Lucy with the farking football.


that was a racial joke, wasn't it?
 
2012-12-31 06:03:46 PM  

skullkrusher: What if you make 6.5x the median family in Mississippi? See, cuz that's what $250,000 represents there. So let's just tax that the same as $250,000 in NYC because it's more than you make so what the fark do you care?


Living in the civilized world costs more money.
 
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