The "Rich" are Now Those Making More than 200K

[Hawkins]

quote:Originally posted by guido911

I thought the rich demarcation line was $250,000 per year. According to Obama, Joe the Plummer only needs to make more than 200K now to be "rich" and not receive a tax cut.

http://www.youtube.com/watch?v=vJvkRFKGgGw

Any takers on how long the "rich" will be those making more than 100K?

Its so confusing, I know.

Actually if I understand it correctly anyone making less than 200,000 will receive a tax cut under Obama's plan. Those making 200,000-250,000 have their taxes remain the same. Those making over 250,000 will see a tax increase.

But Rush will never explain it like that. Acording to him and Hannity, we're all doomed!! DOOMED I say!!

[}:)]

[Conan71]

quote:Originally posted by Neptune

lol

The Progressive tax system is here to stay.  "Fair Tax", "Flat Tax", completely useless discussion.

So you're ready to raise the white flag and say we will continue to suffer with the status quo which is horribly flawed (in many ways, not just the tax system).

[USRufnex]

Yes.

Just like I raised the "white flag" on the possibility of ever seeing single payer healthcare in my lifetime..... or managed care....

I understand the "wealthy" will always extract their "pound of flesh" from the government under the guise of "economic development/stimulus."

I understand that if I incorporate myself as a small business, I can eat and go on vacation tax-free as long as its for "business purposes"-- gotta love those deductions...

I don't necessarily have to have a liberal flag-bearer like Barack Obama to inspire my confidence.... given a choice between a liberal idealogue and a competent conservative, I could end up being one of those undecideds or would lean towards competence.... the older I get, the more I value competence over pie-in-the-sky idealism from either political party...

Back in the 80s, The College Young Republicans who emphasized "personal responsibility" while  running up mumsy and dadsy's credit cards and  shopping for beemers told me I'd get more conservative as I age...... yet the older I get, the more liberal I become...

Go figure.

[Red Arrow]

quote:Originally posted by USRufnex
Back in the 80s, The College Young Republicans who emphasized "personal responsibility" while  running up mumsy and dadsy's credit cards and  shopping for beemers told me I'd get more conservative as I age...... yet the older I get, the more liberal I become...

Go figure.

Perhaps you have a genetic defect. []

Edit: I forgot to mention, Beemers are motorcycles, Bimmers are automobiles. Which or both were you referring to?

[guido911]

This just in. According to Bill Richardson, the "rich" are now those making more than $120,000.

http://www.youtube.com/watch?v=G88ebXY2uaI

[nathanm]

quote:Originally posted by guido911

This just in. According to Bill Richardson, the "rich" are now those making more than $120,000.

Aren't you running out of straw yet? pancakes does Bill Richardson have to do with anything?