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(Forbes)   A third wave blitz of tax tsunami will wash over Americans with a cavalcade of unintended consequences and badly mixed metaphors   (forbes.com) divider line 61
    More: Fail, unintended consequences, Americans, mixed metaphors, tsunamis  
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13156 clicks; posted to Main » on 02 Jan 2013 at 6:01 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



Voting Results (Funniest)
View Voting Results: Smartest and Funniest


Archived thread
2013-01-02 02:52:46 PM
17 votes:
If we hit that bullseye, the rest of the dominoes will fall like a house of cards
2013-01-02 03:19:08 PM
7 votes:

MrBallou: If we hit that bullseye, the rest of the dominoes will fall like a house of cards


Checkmate
2013-01-02 02:47:10 PM
6 votes:
Sounds like we're up shiat Creek without a leg to stand on.
2013-01-02 02:38:15 PM
5 votes:
If we don't grab this bull by the horns, the shiat is going to hit the fan.
2013-01-02 06:27:34 PM
4 votes:

hdhale: I think they should be able to, but I also think that serious budget deficits matter more, and Barry isn't the guy to fix them


Damn right! The guy that wanted to build more warships and that was itching to go to war with Iran was most definitely the guy that would have balanced the budget! Just like how the last Republican brought down the deficit by granting a huge tax cut AND had two wars. Nothing like blowing up crap in the desert to make the long term numbers look good!
2013-01-02 04:56:41 PM
4 votes:

Hydra: /seriously, though, we're farked


And THIS time, we surely are. Unlike all those other times you and other deficit hawks have said we're farked, this time we really are!
2013-01-02 02:53:06 PM
4 votes:
Let us take the bull by the tail and look the matter squarely in the face.


/not mine
2013-01-02 08:16:51 PM
3 votes:
Obama's plan has turned America's middle class into a starving coyote futilely chasing the road runner of prosperity through the desert of deprivation before running off the edge of the fiscal cliff and collapsing into the .... no. America is the deadbeat 47-percent coyote chasing the road runner of plush welfare benefits through the desert of godless values ... something something tax increase.
2013-01-02 08:11:23 PM
3 votes:
robdyoung.com
2013-01-02 07:02:06 PM
3 votes:
OMG! A tax of 2.3% of the GROSS SALES of certain medical devices!?! That's like a.. a.. a.. SALES TAX!

And everyone knows that any government that institutes a SALES TAX on GROSS SALES without accounting for profit/loss will doom all businesses in its jurisdiction. A sales tax has never worked in the past, is not now working in the present, and never will work in the future, anywhere in the world! Obama has doomed all medical device manufacturers in America. DOOOOOMED I SAY!

/or not.
2013-01-02 06:26:21 PM
3 votes:
The author's bio at that page:

Grace-Marie Turner
Contributor
I'm president of the Galen Institute, a non-profit research organization that focuses on market-driven health policy, and a co-author of Why ObamaCare Is Wrong for America.

LOL.
2013-01-02 06:12:28 PM
3 votes:
So I should just quit my job now so as to avoid paying all this extra money to Obama?
2013-01-02 04:47:22 PM
3 votes:
Looks like i picked the wrong week to stop sniffing glue
2013-01-02 07:48:51 PM
2 votes:

mark625: OMG! A tax of 2.3% of the GROSS SALES of certain medical devices!?! That's like a.. a.. a.. SALES TAX!

And everyone knows that any government that institutes a SALES TAX on GROSS SALES without accounting for profit/loss will doom all businesses in its jurisdiction. A sales tax has never worked in the past, is not now working in the present, and never will work in the future, anywhere in the world! Obama has doomed all medical device manufacturers in America. DOOOOOMED I SAY!

/or not.


This is just a sneaky trick by Michelle Obama to raise the price of gastric bands and sleeves so people will have to resort to exercise and healthy eating instead of surgery! Don't fall for this socialist - protest by eating as much cholesterol rich food as you can!
2013-01-02 06:52:39 PM
2 votes:
Well how else are going to pay to unionize the death panels?
2013-01-02 06:43:13 PM
2 votes:
img.photobucket.com

/i tried to warn you, i tried to warn you
2013-01-02 06:37:18 PM
2 votes:

Insatiable Jesus: The author's bio at that page:

Grace-Marie Turner
Contributor
I'm president of the Galen Institute, a non-profit research organization that focuses on market-driven health policy, and a co-author of Why ObamaCare Is Wrong for America.

LOL.


I know, right? After reading that little tidbit, I was SURE the article would be "fair and balanced."
2013-01-02 06:29:34 PM
2 votes:

Igor Jakovsky: Obamacare: You can't polish a turd.


Myth Busted^

/yeah, I've been holding that one for a while now
2013-01-02 06:27:44 PM
2 votes:

Sticky Hands: Igor Jakovsky: Obamacare: You can't polish a turd.

You can if you freeze it first.


Actually Mythbusters showed if you bake it first you can also polish it.
2013-01-02 06:24:48 PM
2 votes:
The GOP is more frustrated than a three legged cat trying to bury a turd on a frozen pond.
2013-01-02 06:12:25 PM
2 votes:
A tax code so simple, a 10 year old child can understand it. Fetch me a 10 year old child!
2013-01-02 06:06:01 PM
2 votes:

DamnYankees: Hydra: /seriously, though, we're farked

And THIS time, we surely are. Unlike all those other times you and other deficit hawks have said we're farked, this time we really are!


Yeah, looks like the shoe's on the other hand now!
2013-01-02 06:05:04 PM
2 votes:
Don't count all your eggs before you get two birds in the bush.
2013-01-02 04:21:25 PM
2 votes:

xanadian: FTFA: A new Medicare Tax adds to ObamaCare's pain. These same high-earners must pay an additional .9% Medicare payroll tax on wages above $200,000 for individuals and $250,000 for couples. This means the current 2.9% Medicare payroll tax will be increased to a total of 3.8% - a big hit especially for the self-employed.

Funny... IIRC, the Medicare payroll tax was about 3.8% when I was younger. Are these people SURE this "tax hike" has nothing to do with certain payroll tax cuts expiring? And little if nothing at all to do with Obamacare?


No, it's a legit tax that is part of ACA. I don't know how the poor things are supposed to create jobs with an addition soul crushing tax of .9%
2013-01-02 03:32:37 PM
2 votes:

GAT_00: MrBallou: If we hit that bullseye, the rest of the dominoes will fall like a house of cards

Checkmate


ungh.
2013-01-03 01:43:54 AM
1 votes:

mikaloyd: Hope and Change my ass


I'll take the hope, you can keep the changing of your ass.
2013-01-02 09:51:44 PM
1 votes:

mark625: OMG! A tax of 2.3% of the GROSS SALES of certain medical devices!?! That's like a.. a.. a.. SALES TAX!

And everyone knows that any government that institutes a SALES TAX on GROSS SALES without accounting for profit/loss will doom all businesses in its jurisdiction. A sales tax has never worked in the past, is not now working in the present, and never will work in the future, anywhere in the world! Obama has doomed all medical device manufacturers in America. DOOOOOMED I SAY!

/or not.


Maybe, maybe not,

However, I can tell you with absolute certainty that since ObamaCare was voted on, some of the largest medical manufacturing companies on the planet have all been feverishly working to move operations offshore. Last year alone I know of at least a few major production lines that have either been folded up completely or relocated to other countries.

Weather or not the tax increase would actually hurt the bottom line is irrelevant when the companies believe it will hurt them, and will do anything in their power to avoid paying up. The simple perception of danger is the real threat.

/supplier of manufacturing equipment for most of the larger medical manufacturing companies
//a large portion of our tech support last year was installation of machines to offshore plants.
2013-01-02 08:47:50 PM
1 votes:

Igor Jakovsky: Obamacare: You can't polish a turd.


But you can roll it in glitter.
2013-01-02 08:30:52 PM
1 votes:
FTFA The law raises the threshold for allowed deductions from 7.5% of adjusted gross income to 10%, further burdening those with the largest medical expenses by limiting how much of these costs they can deduct on their taxes. Hit to these taxpayers: $19 billion.

Explain how this hurts.
2013-01-02 08:22:24 PM
1 votes:
Says the twunt whose right-wing think tank pimps utter bullshiat like this:

"Consumers and their physicians should have authority and responsibility over health care decisions, and the vibrant free market will encourage research and innovation and provide better access to new medical technologies." "A market that supports innovation will lead to lower costs, expanded choice, and increased access to better medical care."

http://en.wikipedia.org/wiki/Galen_Institute

Yeah, fark you too, lady.
2013-01-02 08:19:05 PM
1 votes:

Goddess of Atheism: Obama's plan has turned America's middle class into a starving coyote futilely chasing the road runner of prosperity through the desert of deprivation before running off the edge of the fiscal cliff and collapsing into the .... no. America is the deadbeat 47-percent coyote chasing the road runner of plush welfare benefits through the desert of godless values ... something something tax increase.


You aren't serious, sir?

For if you are: stfu, plz. u r trded.
2013-01-02 08:04:11 PM
1 votes:
Looks like the upper hand is on the other foot!

/thanks Frank!
2013-01-02 07:46:40 PM
1 votes:
When something smells rotten in Denmark, turn the other cheek, there's fire.
2013-01-02 07:16:09 PM
1 votes:
The sound of rich people complaining about taxes:
2013-01-02 07:12:02 PM
1 votes:
They're drinking from a fountain that's pouring like an avalanche coming down the mountain.
2013-01-02 07:08:03 PM
1 votes:
To cliff another day?
2013-01-02 07:04:31 PM
1 votes:
silly people. you need to start thinking more 'corporately'. You have to pay taxes on the money THEY CAN FIND. Set up a single member LLC, file form 8832, and choose to be a seperate entity. Pay yourself a reasonable payroll, taxes on that payroll, and hide your cash. All corporations are are welfare dynasties with nice clothes. Speaking of welfare, if you pick a number low enough, you can get food stamps, too!!! Subsidize your life, citizen. Corporations are sexy.
2013-01-02 07:04:18 PM
1 votes:
Are you being racist or are you just happy to see me?
2013-01-02 07:04:17 PM
1 votes:

Raoul Eaton: It's no use beating this dead horse, because Obama is back in the saddle now!


that's a horse of a different color.
2013-01-02 07:02:01 PM
1 votes:

DamnYankees: Big Man On Campus: It is a tax on innovation if I don't yet have a profitable line of medical devices because doctors have not yet discovered just how wonderful my device is.

It's only a tax on sales. If they haven't discovered your device, they aren't buying it, and there's no tax.

Big Man On Campus: This tax only increases how much they have to run into the red before a device turns a profit. That can only hurt innovation.

How is this different than any other tax?


Also, this strawman just doesn't exist. It takes $100M to get a medical device to market, 2.3% sales tax would require sales of over $4B before the sales tax is the reason you can't create a new device.
2013-01-02 06:49:29 PM
1 votes:

DamnYankees: Big Man On Campus: Why tax companies that are trying to innovate and as-yet make no profit? That's like taxing all NASA employees just because.

Well, it's not a tax on innovation. It's a tax on sales of medical devices. For example, selling plastic gloves to hospitals. This is just a sales tax on that. Categorizing it as a tax on innovation is just as silly as saying the income tax is a tax on innovators. These are both simply general taxes on certain types of transactions; they don't target innovation.


It is a tax on innovation if I don't yet have a profitable line of medical devices because doctors have not yet discovered just how wonderful my device is. That's what that is saying, it's saying that any medical device company, regardless of whether or not their sales have them running in the black, must pay this tax on gross income. That hurts innovation because in order for small-money medical device innovators to get onto the market, they have to get their stuff out there. This tax only increases how much they have to run into the red before a device turns a profit. That can only hurt innovation.
2013-01-02 06:46:00 PM
1 votes:

wingnut396: hdhale: I think they should be able to, but I also think that serious budget deficits matter more, and Barry isn't the guy to fix them

Damn right! The guy that wanted to build more warships and that was itching to go to war with Iran was most definitely the guy that would have balanced the budget! Just like how the last Republican brought down the deficit by granting a huge tax cut AND had two wars. Nothing like blowing up crap in the desert to make the long term numbers look good!



...And so, clearly, the only way to fix what that stupid, evil last Republican did is to continue the huge tax cuts for 5 years, and spend at least as much, if not more. Nothing like giving away free lunches to keep the Proles happy. Ignorance is Strength. Yay: the 5-Minute Hate is coming up. Everybody come laugh at the vid that shows those stupid Eurasian refugees getting blown up (that's my favorite vid of the Eastasians).

/ And to hell with that stupid evil GW Bush-Goldstein-Haliburton
// *spits*
2013-01-02 06:41:30 PM
1 votes:

DamnYankees: Big Man On Campus: The most controversial of the latest ObamaCare taxes is the Medical Device Tax that hits entrepreneurial firms making equipment such as heart valves and hip replacement parts. They face a 2.3% profit on gross sales - a tax they must pay even if they have no profit at all. Many firms say this tax - slated to collect $29 billion over 10 years - will soak up virtually all of their research budgets.

If the entire profit margin of the average medical device company is represented by 2.3% of gross sales of specific items, I'll eat a shoe.


Why tax companies that are trying to innovate and as-yet make no profit? That's like taxing all NASA employees just because.
2013-01-02 06:39:50 PM
1 votes:
Wait a minute, health care gets an overhaul AND none of the tax increases effect me or my special needs child? That sounds awesome to me, what's everyone biatching about?
2013-01-02 06:39:00 PM
1 votes:

Pointy Tail of Satan: I especially love how Americans have to pay US income tax even if living in another country, and getting paid by a non-US employer.


That is horrible... having to pay taxes for useless crap that they have in the US that you don't have in a foreign country. Like an Embassy or State Department that will work to make sure your rights are protected as an expatriate. Or that useless foreign service that keeps domestic people posted on threats around the world. A person abroad definitely has no use of the vast military that only protects and provides a stabilizing force only in the domestic borders of the US. Or how last year everyone was able to ignore the first $95,100 of their domestic income they earned.

Yeah, it is terrible that a US citizen living abroad has to pay taxes, if they earn enough, on such a wide range of useless services they will never need.
2013-01-02 06:36:31 PM
1 votes:
holy shiat is Forbes owned by News Corp or something? Can we have an UNBIASED view on this please Forbes.
2013-01-02 06:36:07 PM
1 votes:

FTA:

The most controversial of the latest ObamaCare taxes is the Medical Device Tax that hits entrepreneurial firms making equipment such as heart valves and hip replacement parts. They face a 2.3% profit on gross sales - a tax they must pay even if they have no profit at all. Many firms say this tax - slated to collect $29 billion over 10 years - will soak up virtually all of their research budgets.


This tax is stupid, regardless of how real the claim of destroyed research budgets is. The best part about America's medical industry has always been the innovation. For decades the best answer to "why is medical care in America so expensive?" was "because they're fixing my cancer with tiny robots" (yes I'm exagerrating, but you get the point).

Why tax the innovative parts of your industry to "improve" the industry? It just makes no sense.

One of the biggest complaints about the medical device industry is stagnant prices on devices that are long since past their period of innovation. Why aren't medical crutches imported from China for $.20 per pair? Why are wheelchairs $3000 a piece for something that's essentially a baby-stroller for adults? Hearing aids cost 3-5 thousand dollars a pair for technology that you can find on the shelves of the bargain portable stereo bin at Walmart. The only difference is the packaging. Micro audio amplifiers are very old, yet the companies selling them charge absurd amounts. I haven't researched exactly why all this is, but I suspect the reason is because of medicare coverage. They charge this because people will pay it, and people will pay it because they don't pay it, the government does. "Not my money, why do I care?"

Well, it turns out it's your grandkids money and they get stuck with the interest payments too, thanks grandpa.

/The USA will be Greece in 10 years. The boomers control of federal spending is so absurdly strong that social services for the aging/sick are only increasing, not decreasing when we need to be cutting spending.
2013-01-02 06:29:36 PM
1 votes:

Summer Glau's Love Slave: And in the chaos that follows millions will scurrying about like chickens with their legs cut off, while others will be as disoriented as a drunken clown in a cement mixer I will take over the world!.


/still feeling effects of the Pinky and the Brain thread
2013-01-02 06:27:59 PM
1 votes:

Sticky Hands: Igor Jakovsky: Obamacare: You can't polish a turd.

You can if you freeze it first.


No, because the polishing will cause friction. I'm thinking you mean you can paint a turd, to a high gloss.
2013-01-02 06:25:54 PM
1 votes:
They will watch movies whenever they feel like it, no need for invitations or an "evening of remembrance" lol!
2013-01-02 06:24:57 PM
1 votes:

Igor Jakovsky: Obamacare: You can't polish a turd.


You can if you freeze it first.
2013-01-02 06:20:43 PM
1 votes:
3 minutes to read over the bill? Why even have a Senate?
2013-01-02 06:18:13 PM
1 votes:

Pointy Tail of Satan: A tax code so simple, a 10 year old child can understand it. Fetch me a 10 year old child!


imageshack.us
2013-01-02 06:17:29 PM
1 votes:
And in the chaos that follows millions will scurrying about like chickens with their legs cut off, while others will be as disoriented as a drunken clown in a cement mixer.
2013-01-02 06:15:24 PM
1 votes:
Lie still, little bottle, and shake my shaky hand
Black coffee's not enough for me, I need a better friend
One pill at the bottom is singing my favorite song
I know I must investigate; I hope that I can sing along

"Well there's no time for metaphor," cried the little pill to me
He said, "Life is a placebo, masquerading as a simile."
Well I knew that pill was lying; too gregarious, too nice
And as he walked I had to sing this twice:

Lie still, little bottle; don't twist, it ain't twistin' time
With every move you make you just disintegrate my ever-troubled mind
2013-01-02 06:13:58 PM
1 votes:

Pointy Tail of Satan: A tax code so simple, a 10 year old child can understand it. Fetch me a 10 year old child!


Grover Norquist already has that method patented and copyrighted.
2013-01-02 06:10:38 PM
1 votes:

Hydra: Looks like they just kicked the can down the road into the perfect storm of black swans.

/seriously, though, we're farked


We are getting the ass farking we asked for in the voting booth and may we be ever so grateful for it.

Next time you "independents" start thinking about voting strictly on basis of your liberal social issues, remember this day and smack yourself. There's bigger issues to worry about than whether or not your cousin's friend who has a brother who thinks he might have found the right guy to settle down with can get married. I think they should be able to, but I also think that serious budget deficits matter more, and Barry isn't the guy to fix them.
2013-01-02 06:09:17 PM
1 votes:
Is there some way we can focus a mind-beam on pundits and erase the part of their brain that makes metaphors? Sort of a metaphor lobotomy?
2013-01-02 06:08:38 PM
1 votes:
What is the GOP? Suffering, you might say. Oppression. Deceit. But could not all these things be said of your Pogressives? You hunt down the talented and the strong-willed. You break them or sacrifice them. You lie to your citizens and wage war on those who dare speak out. The inquisitors you call masters assume guilt and execute millions on a whim. And why? Why do you do this? Because you know the GOP is there but you do not know how to fight it, so you crush your own citizens for fear that they might aid the Enemy. America suffers because of the GOP. No matter how hard you fight, that will never change. The GOP exists in a state of permanent victory over you - you dance to our tune, mortal one, you butcher and torture and repress one another because the job creators require you to. America is founded on the GOP. My lord Koch won your war a long, long time ago.
2013-01-02 06:07:01 PM
1 votes:
You Americans call it a fiscal cliff, I call it a fiscal bukkake

/mostly because it's fun watching fox and CNN lackeys go apeshiat over it
//way I read and understood it, it's no big deal, get over it and part your debts America
2013-01-02 04:53:11 PM
1 votes:
Looks like they just kicked the can down the road into the perfect storm of black swans.

/seriously, though, we're farked
 
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