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Sports Hernia
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Post subject: Did we go off the fiscal cliff or what????  Posted: Tue Jan 01, 2013 1:37 pm |
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Joined: Thu Apr 30, 2009 4:36 pm
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These dipshits in congress cant even figure THAT out. LOL, Morons.... EVERY SINGLE ONE OF THEM! 
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Hugh Millen = CBJ minus the cool beard
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Seahawk Sailor
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Post subject: Re: Did we go off the fiscal cliff or what???? Posted: Tue Jan 01, 2013 3:30 pm |
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| * Navy Badass * |
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Joined: Sat Mar 03, 2007 9:23 am
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Location: Bothell
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Sort of. With a bungee cord. Or something like that. http://www.nytimes.com/2013/01/01/us/politics/tentative-deal-is-reached-to-raise-taxes-on-the-wealthy.htmlQuote: Under the agreement, tax rates would jump to 39.6 percent from 35 percent for individual incomes over $400,000 and couples over $450,000, while tax deductions and credits would start phasing out on incomes as low as $250,000, a clear win for President Obama, who campaigned on higher taxes for the wealthy.
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In one final piece of the puzzle, negotiators agreed to put off $110 billion in across-the-board cuts to military and domestic programs for two months while broader deficit reduction talks continue. Those cuts begin to go into force on Wednesday, and that deadline, too, might be missed before Congress approves the legislation.
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And the new deal does nothing to address the big issues that Mr. Obama and Mr. Boehner hoped to deal with in their failed “grand bargain” talks two weeks ago: booming entitlement spending and a tax code so complex that few defend it anymore. So, more taxes, and zero spending cuts. And another, larger fiscal cliff a couple months down the road. Yay. _________________ I blog, I tweet. When I'm not writing or goofing around on Seahawks.NET.
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Shock2k
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Post subject: Re: Did we go off the fiscal cliff or what???? Posted: Tue Jan 01, 2013 4:54 pm |
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Joined: Wed Dec 26, 2012 3:38 pm
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There was a report about 7 years ago, I won't say from whom to keep politically neutral. In the report a prominent former President said one of the primary problems with congress was the lack of sleep. Basically, less sleep, higher stress, to many hours needed for local campaigning were all contributing the general irritation the prevails most congressman.
That's always been an interesting thought to me.
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Sports Hernia
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Post subject: Re: Did we go off the fiscal cliff or what???? Posted: Tue Jan 01, 2013 5:57 pm |
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Joined: Thu Apr 30, 2009 4:36 pm
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Seahawk Sailor wrote: Sort of. With a bungee cord. Or something like that. http://www.nytimes.com/2013/01/01/us/politics/tentative-deal-is-reached-to-raise-taxes-on-the-wealthy.htmlQuote: Under the agreement, tax rates would jump to 39.6 percent from 35 percent for individual incomes over $400,000 and couples over $450,000, while tax deductions and credits would start phasing out on incomes as low as $250,000, a clear win for President Obama, who campaigned on higher taxes for the wealthy.
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In one final piece of the puzzle, negotiators agreed to put off $110 billion in across-the-board cuts to military and domestic programs for two months while broader deficit reduction talks continue. Those cuts begin to go into force on Wednesday, and that deadline, too, might be missed before Congress approves the legislation.
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And the new deal does nothing to address the big issues that Mr. Obama and Mr. Boehner hoped to deal with in their failed “grand bargain” talks two weeks ago: booming entitlement spending and a tax code so complex that few defend it anymore. So, more taxes, and zero spending cuts. And another, larger fiscal cliff a couple months down the road. Yay. If there is a way for the idiots in congress to kick the can down the road, the cowards will!
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Hugh Millen = CBJ minus the cool beard
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Seahawk Sailor
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Post subject: Re: Did we go off the fiscal cliff or what???? Posted: Wed Jan 02, 2013 8:47 am |
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| * Navy Badass * |
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Joined: Sat Mar 03, 2007 9:23 am
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Location: Bothell
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So, essentially this is the deal:
- Raises taxes on incomes over $400k single/$450k married for households (Increased taxes)
- Raises taxes on investment income for those taxpayers as well (Increased taxes)
- Limits tax deductions for incomes over $250,000 (Increased taxes)
- Increases the death tax rate for estates over $5 million (Increased taxes)
- Extends long-term unemployment benefits for one year (More spending)
- Postpones automatic spending cuts by two months (No cuts)
That's a bandaid on a gaping chest wound. But hey, they're certainly earning their paychecks.
_________________ I blog, I tweet. When I'm not writing or goofing around on Seahawks.NET.
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DTexHawk
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Post subject: Re: Did we go off the fiscal cliff or what???? Posted: Wed Jan 02, 2013 9:41 am |
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Don't forget:
"Barring any last-minute surprises, Social Security payroll taxes will climb back to 6.2 percent from 4.2 percent for 160 million Americans." (Increased taxes)
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That's weak sauce!
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12evanf
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Post subject: Re: Did we go off the fiscal cliff or what???? Posted: Wed Jan 02, 2013 11:22 am |
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Joined: Wed Mar 14, 2012 10:40 am
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Sooo.... what should we spend all this new money on?!!!
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SonicHawk
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Post subject: Re: Did we go off the fiscal cliff or what???? Posted: Wed Jan 02, 2013 12:31 pm |
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Joined: Wed Aug 22, 2012 12:56 pm
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Lol. How many people earn over 400k a year?
Taxing only income is such a waste of time. It makes the poor feel good because we're taxing those mean rich and it doesn't tax the actual rich because the majority of their money comes from carried interest which is still taxed at 15%!!
My company lawyer/advisor emailed me this too:
"The fiscal cliff bill has a surprise few expected. It would renew through the end of 2013 the 100% exclusion from tax gain on qualified small business stock held for at least 5 years.
This tax benefit, which expired at the end of 2011, would be extended for investments made through the end of calendar year 2013. Section 324 of the fiscal cliff bill states as follows:
SEC. 324. EXTENSION OF TEMPORARY EXCLUSION OF 100 PERCENT OF GAIN ON CERTAIN SMALL BUSINESS STOCK.
(a) IN GENERAL.—Paragraph (4) of section 1202(a) is amended—
(1) by striking ‘‘January 1, 2012’’ and inserting ‘‘January 1, 2014’’, and
(2) by striking ‘‘AND 2011’’ and inserting ‘‘, 2011, 2012, AND 2013’’ in the heading thereof."
This bill is an embarrassment to Americans.
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RIP ROAD WOES 12/2/2012
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Chapow
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Post subject: Re: Did we go off the fiscal cliff or what???? Posted: Wed Jan 02, 2013 12:46 pm |
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Joined: Mon Jan 11, 2010 4:38 pm
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So we're all good then right?
_________________ Ninner Fan wrote: I've been respectful and not attacked at all but know f it the dam. Glove are off.
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MontanaHawk05
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Post subject: Re: Did we go off the fiscal cliff or what???? Posted: Thu Jan 03, 2013 12:11 pm |
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| * 17Power Blogger * |
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Joined: Fri May 01, 2009 8:46 am
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Couple of paychecks from now and we're all going to recoil.
_________________ GO HAWKS!!! Visit my Seahawks blog at 17power.blogspot.com!Follow me on Twitter at @17power
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DTexHawk
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Post subject: Re: Did we go off the fiscal cliff or what???? Posted: Thu Jan 03, 2013 12:50 pm |
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SonicHawk wrote: Lol. How many people earn over 400k a year?
Taxing only income is such a waste of time. It makes the poor feel good because we're taxing those mean rich and it doesn't tax the actual rich because the majority of their money comes from carried interest which is still taxed at 15%!!
My company lawyer/advisor emailed me this too:
"The fiscal cliff bill has a surprise few expected. It would renew through the end of 2013 the 100% exclusion from tax gain on qualified small business stock held for at least 5 years.
This tax benefit, which expired at the end of 2011, would be extended for investments made through the end of calendar year 2013. Section 324 of the fiscal cliff bill states as follows:
SEC. 324. EXTENSION OF TEMPORARY EXCLUSION OF 100 PERCENT OF GAIN ON CERTAIN SMALL BUSINESS STOCK.
(a) IN GENERAL.—Paragraph (4) of section 1202(a) is amended—
(1) by striking ‘‘January 1, 2012’’ and inserting ‘‘January 1, 2014’’, and
(2) by striking ‘‘AND 2011’’ and inserting ‘‘, 2011, 2012, AND 2013’’ in the heading thereof."
This bill is an embarrassment to Americans. Would love to see documentation of this and to know who the "actual rich" are/
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That's weak sauce!
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SonicHawk
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Post subject: Re: Did we go off the fiscal cliff or what???? Posted: Thu Jan 03, 2013 1:21 pm |
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Joined: Wed Aug 22, 2012 12:56 pm
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Mark Zuckerberg has an income of $1 per year as do the Google guys. I don't care if you tax their income at 100% you're not going to tax where the money really is. http://www.forbes.com/sites/nathanvardi ... ty-moguls/If you don't understand who the actual rich are... not the Doctors or Lawyers who make 250k+, I suggest you start doing research on how the actual rich are taxed and where their wealth is. Raising taxes on basic income isn't going to solve the debt problems. In addition to spending cuts there has to be attention paid to things like this. Unfortunately there's a reason why this kind of stuff continues to go unnoticed. The average American has no idea it exists and the people who line the pockets of our politicians are the ones it benefits.
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RIP ROAD WOES 12/2/2012
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Jiggy
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Post subject: Re: Did we go off the fiscal cliff or what???? Posted: Thu Jan 03, 2013 8:02 pm |
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Joined: Thu Apr 30, 2009 9:03 am
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SonicHawk wrote: Mark Zuckerberg has an income of $1 per year as do the Google guys. I don't care if you tax their income at 100% you're not going to tax where the money really is. http://www.forbes.com/sites/nathanvardi ... ty-moguls/If you don't understand who the actual rich are... not the Doctors or Lawyers who make 250k+, I suggest you start doing research on how the actual rich are taxed and where their wealth is. Raising taxes on basic income isn't going to solve the debt problems. In addition to spending cuts there has to be attention paid to things like this. Unfortunately there's a reason why this kind of stuff continues to go unnoticed. The average American has no idea it exists and the people who line the pockets of our politicians are the ones it benefits. For once we agree on something. I have worked for 6 different CEO's in the software industry in the last 14 years. Two of them had realistic salaries. The other 4, tried to get on their high horse and claim "But I am only making $1 a year. See I am taking a hit for the company". When one of them 4 was allowed to quit after it came to light that he was using company money to rent hotel rooms and pay for dinners to bang a contractor that was giving the company advice (which btw is a SERIOUS ethics problem that would land you and I in jail) it came to light that old boy was enjoying benefits like a company driver, $50k a year to pay for the food at his house that the company was also paying for etc... all in all, profit sharing aside he was north of a million dollars a year in *benefits*
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Member formally known as AC59
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Anguish
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Post subject: Re: Did we go off the fiscal cliff or what???? Posted: Fri Jan 04, 2013 11:37 am |
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Joined: Thu Apr 30, 2009 10:46 am
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Location: Battle Ground, WA
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DTexHawk wrote: Don't forget:
"Barring any last-minute surprises, Social Security payroll taxes will climb back to 6.2 percent from 4.2 percent for 160 million Americans." (Increased taxes) Which is REAL money every month for average people. $75,000/year $6,250/month 4.2% = $262.50/month 6.2% = $387.50/month $125/month of hard cash not in your pocket I want a $1/year salary and $74,999 in "benefits"...
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volsunghawk
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Post subject: Re: Did we go off the fiscal cliff or what???? Posted: Fri Jan 04, 2013 11:52 am |
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DTexHawk wrote: Don't forget:
"Barring any last-minute surprises, Social Security payroll taxes will climb back to 6.2 percent from 4.2 percent for 160 million Americans." (Increased taxes) Wasn't that SS payroll tax holiday always supposed to be temporary?  _________________  Okay, so maybe that pass rush is still an issue. Lather, rinse, repeat.
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DTexHawk
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Post subject: Re: Did we go off the fiscal cliff or what???? Posted: Fri Jan 04, 2013 2:36 pm |
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volsunghawk wrote: DTexHawk wrote: Don't forget:
"Barring any last-minute surprises, Social Security payroll taxes will climb back to 6.2 percent from 4.2 percent for 160 million Americans." (Increased taxes) Wasn't that SS payroll tax holiday always supposed to be temporary? As were the Bush tax cuts, but we all know that's nothing's permanent, only that they will get what they want when they want it.
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That's weak sauce!
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MontanaHawk05
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Post subject: Re: Did we go off the fiscal cliff or what???? Posted: Fri Jan 04, 2013 7:49 pm |
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| * 17Power Blogger * |
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Joined: Fri May 01, 2009 8:46 am
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I lost $23 out of my biweekly check.
_________________ GO HAWKS!!! Visit my Seahawks blog at 17power.blogspot.com!Follow me on Twitter at @17power
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SonicHawk
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Post subject: Re: Did we go off the fiscal cliff or what???? Posted: Fri Jan 04, 2013 8:20 pm |
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lol $23
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RIP ROAD WOES 12/2/2012
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Largent80
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Post subject: Re: Did we go off the fiscal cliff or what???? Posted: Sat Jan 05, 2013 11:10 am |
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Location: SoCal
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The Redskins are about to fall off the playoff cliff.
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MontanaHawk05
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Post subject: Re: Did we go off the fiscal cliff or what???? Posted: Sun Jan 06, 2013 12:14 pm |
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| * 17Power Blogger * |
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Joined: Fri May 01, 2009 8:46 am
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SonicHawk wrote: lol $23 It's technically not much, but it'd be nice to have given that my biweekly check is $730. _________________ GO HAWKS!!! Visit my Seahawks blog at 17power.blogspot.com!Follow me on Twitter at @17power
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