Obama raiding taxes on the middle class!

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hope you are Happy

Williamston, SC

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#1
Nov 28, 2012
 
Of course he lied! Dumbass dems! Hope you're happy now!
Dem Dems

Owensboro, KY

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#2
Nov 28, 2012
 
Aint it better he raid taxes than raid the Middle East?

Level 1

Since: Jun 12

United States

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#3
Nov 28, 2012
 
hope you are Happy wrote:
Of course he lied! Dumbass dems! Hope you're happy now!
He's not raising taxes on the middle class or invading the Middle East.:)
tree rat

Bellevue, WA

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#4
Nov 28, 2012
 
rwtaylor56 wrote:
<quoted text>
He's not raising taxes on the middle class or invading the Middle East.:)
You seem kinda smart. Read the Obama care bill, then see if you can say that again.
rara

Williamston, SC

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#5
Nov 28, 2012
 
tree rat wrote:
<quoted text>You seem kinda smart. Read the Obama care bill, then see if you can say that again.
He comments on everything. Don't worry about him he's just a union member that voted for Obama and he is probably drawing unemployment with nothing better else to do but wait for his free check.

Level 5

Since: Sep 08

Neon City Oh.

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#6
Nov 28, 2012
 
Taxes will go up if Congress doesn't pass a bill to prevent it.
The president can only sign or veto the bill.
Try to understand how the government works.
Really

Owensboro, KY

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#7
Nov 28, 2012
 
WDRussell wrote:
Taxes will go up if Congress doesn't pass a bill to prevent it.
The president can only sign or veto the bill.
Try to understand how the government works.
Here's an idea, instead of parading around the country telling everyone how horrible republicans are, why doesn't obama park his butt in D.C. and hammer out a deal? I know, crazy!

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Since: Jun 12

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#8
Nov 28, 2012
 
rara wrote:
<quoted text>He comments on everything. Don't worry about him he's just a union member that voted for Obama and he is probably drawing unemployment with nothing better else to do but wait for his free check.
Yes, I'm proudly a union member who voted for Obama and working 50-60 hour weeks in addition to my own small business. I draw no government benefits and pay my fair share of taxes.:)

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Since: Jun 12

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#9
Nov 28, 2012
 
Really wrote:
<quoted text>Here's an idea, instead of parading around the country telling everyone how horrible republicans are, why doesn't obama park his butt in D.C. and hammer out a deal? I know, crazy!
The Republicans are doing their own get-out-the-message tour, but I guess you're okay with that, right?
Scared

United States

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#11
Nov 28, 2012
 
tree rat wrote:
<quoted text> You seem kinda smart. Read the Obama care bill, then see if you can say that again.
Here we go again with your unfounded rantings.

Hidden deep within the pages of Obamacare are secret meanings and hieroglyphics that only the wise and all knowing tree rat can deceifer. He is here to warn all of the Topix readers of our impending doom only he and only a select few know. They have decoded the Obamascripts!
Really

Owensboro, KY

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#12
Nov 28, 2012
 
rwtaylor56 wrote:
<quoted text>
The Republicans are doing their own get-out-the-message tour, but I guess you're okay with that, right?
Obama is the PRESIDENT, HE needs to lead. That is my point. H is the commander in chief right? So how about some leadership? We have like 34 days to get this deal done. I am not a republican so I could give a crap what they do. I am so past this party line BS! Obama needs to do something! Anything! I am tired of him talking about how bad the republicans are...so they are awful, fine, how does that get anything done. Shut your pie hole already and do something.
whinebag blowhard

Owensboro, KY

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#13
Nov 28, 2012
 
rwtaylor56 wrote:
<quoted text>
The Republicans are doing their own get-out-the-message tour, but I guess you're okay with that, right?
We have all had about enough of your crap too son. I doubt that you work 60 hours a week. Get paid for 60 hours, probably, work? That's a laugh. Your on here like 24/7. So yeah it must be good to be in a union. If you are a lazy "that's not my job", blow hard obama butt nuggett.

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Since: Jun 12

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#14
Nov 28, 2012
 
whinebag blowhard wrote:
<quoted text>We have all had about enough of your crap too son. I doubt that you work 60 hours a week. Get paid for 60 hours, probably, work? That's a laugh. Your on here like 24/7. So yeah it must be good to be in a union. If you are a lazy "that's not my job", blow hard obama butt nuggett.
Try sticking with facts. Name calling and slurs are pretty childish.
tree rat

Bellevue, WA

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#15
Nov 28, 2012
 
Scared wrote:
<quoted text>
Here we go again with your unfounded rantings.
Hidden deep within the pages of Obamacare are secret meanings and hieroglyphics that only the wise and all knowing tree rat can deceifer. He is here to warn all of the Topix readers of our impending doom only he and only a select few know. They have decoded the Obamascripts!
Bout time you figured out im all wise. When it goes into effect, your work provided insurance will be taxed as income. Tax increase. Following me sweetness? Why did the supreme court pass obamacare? Because it was a tax. Hence, tax increase.

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Since: Jun 12

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#16
Nov 28, 2012
 
Really wrote:
<quoted text>Obama is the PRESIDENT, HE needs to lead. That is my point. H is the commander in chief right? So how about some leadership? We have like 34 days to get this deal done. I am not a republican so I could give a crap what they do. I am so past this party line BS! Obama needs to do something! Anything! I am tired of him talking about how bad the republicans are...so they are awful, fine, how does that get anything done. Shut your pie hole already and do something.
There's all kinds of new, modern conveniences the President can use to communicate with people when it's necessary, such as phones, faxes, e-mail, teleconferences, etc. You implying that he isn't available or leading because he'd communicating personally with Americans around the country is just a little bit silly.
I am in middle school

Owensboro, KY

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#17
Nov 28, 2012
 
rwtaylor56 wrote:
<quoted text>
Try sticking with facts. Name calling and slurs are pretty childish.
It is what I do. Some say it's a gift? I notice you make up your own facts, should I do that as well?
Deal maker

Owensboro, KY

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#18
Nov 28, 2012
 
rwtaylor56 wrote:
<quoted text>
There's all kinds of new, modern conveniences the President can use to communicate with people when it's necessary, such as phones, faxes, e-mail, teleconferences, etc. You implying that he isn't available or leading because he'd communicating personally with Americans around the country is just a little bit silly.
Nothing is as effective as face to face. It is not a priority for him. Quit making excuses. I meet with people several times a week. I don't just call because it is not effective. Hard to read body language in a conference call, hard to hear voice tone on an email.
65rolyatwr

Bennettsville, SC

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#19
Nov 28, 2012
 
Since taking office, President Barack Obama has signed into law twenty-one new or higher taxes:

1. A 156 percent increase in the federal excise tax on tobacco: On February 4, 2009, just sixteen days into his Administration, Obama signed into law a 156 percent increase in the federal excise tax on tobacco, a hike of 61 cents per pack. The median income of smokers is just over $36,000 per year.

2. Obamacare Individual Mandate Excise Tax (takes effect in Jan 2014): Starting in 2014, anyone not buying “qualifying” health insurance must pay an income surtax.


3. Obamacare Employer Mandate Tax (takes effect Jan. 2014): If an employer does not offer health coverage, and at least one employee qualifies for a health tax credit, the employer must pay an additional non-deductible tax of $2000 for all full-time employees. Applies to all employers with 50 or more employees. If any employee actually receives coverage through the exchange, the penalty on the employer for that employee rises to $3000. If the employer requires a waiting period to enroll in coverage of 30-60 days, there is a $400 tax per employee ($600 if the period is 60 days or longer). Bill: PPACA; Page: 345-346

Combined score of individual and employer mandate tax penalty:$65 billion/10 years

4. Obamacare Surtax on Investment Income (Tax hike of $123 billion/takes effect Jan. 2013): Creation of a new, 3.8 percent surtax on investment income earned in households making at least $250,000 ($200,000 single). This would result in the following top tax rates on investment income: Bill: Reconciliation Act; Page: 87-93


5. Obamacare Excise Tax on Comprehensive Health Insurance Plans (Tax hike of $32 bil/takes effect Jan. 2018): Starting in 2018, new 40 percent excise tax on “Cadillac” health insurance plans ($10,200 single/$27,500 family). Higher threshold ($11,500 single/$29,450 family) for early retirees and high-risk professions. CPI +1 percentage point indexed. Bill: PPACA; Page: 1,941-1,956

6. Obamacare Hike in Medicare Payroll Tax (Tax hike of $86.8 bil/takes effect Jan. 2013): Current law and changes:




First $200,000
($250,000 Married)
Employer/Employee


All Remaining Wages
Employer/Employee

Current Law


1.45%/1.45%
2.9% self-employed


1.45%/1.45%
2.9% self-employed

Obamacare Tax Hike


1.45%/1.45%
2.9% self-employed


1.45%/2.35%
3.8% self-employed


Bill: PPACA, Reconciliation Act; Page: 2000-2003; 87-93

7. Obamacare Medicine Cabinet Tax (Tax hike of $5 bil/took effect Jan. 2011): Americans no longer able to use health savings account (HSA), flexible spending account (FSA), or health reimbursement (HRA) pre-tax dollars to purchase non-prescription, over-the-counter medicines (except insulin). Bill: PPACA; Page: 1,957-1,959

8. Obamacare HSA Withdrawal Tax Hike (Tax hike of $1.4 bil/took effect Jan. 2011): Increases additional tax on non-medical early withdrawals from an HSA from 10 to 20 percent, disadvantaging them relative to IRAs and other tax-advantaged accounts, which remain at 10 percent. Bill: PPACA; Page: 1,959
65rolyatwr

Bennettsville, SC

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#20
Nov 28, 2012
 
9. Obamacare Flexible Spending Account Cap – aka “Special Needs Kids Tax”(Tax hike of $13 bil/takes effect Jan. 2013): Imposes cap on FSAs of $2500 (now unlimited). Indexed to inflation after 2013. There is one group of FSA owners for whom this new cap will be particularly cruel and onerous: parents of special needs children. There are thousands of families with special needs children in the United States, and many of them use FSAs to pay for special needs education. Tuition rates at one leading school that teaches special needs children in Washington, D.C.(National Child Research Center) can easily exceed $14,000 per year. Under tax rules, FSA dollars can be used to pay for this type of special needs education. Bill: PPACA; Page: 2,388-2,389

10. Obamacare Tax on Medical Device Manufacturers (Tax hike of $20 bil/takes effect Jan. 2013): Medical device manufacturers employ 360,000 people in 6000 plants across the country. This law imposes a new 2.3% excise tax. Exempts items retailing for <$100. Bill: PPACA; Page: 1,980-1,986

11. Obamacare "Haircut" for Medical Itemized Deduction from 7.5% to 10% of AGI (Tax hike of $15.2 bil/takes effect Jan. 2013): Currently, those facing high medical expenses are allowed a deduction for medical expenses to the extent that those expenses exceed 7.5 percent of adjusted gross income (AGI). The new provision imposes a threshold of 10 percent of AGI. Waived for 65+ taxpayers in 2013-2016 only. Bill: PPACA; Page: 1,994-1,995

12. Obamacare Tax on Indoor Tanning Services (Tax hike of $2.7 billion/took effect July 2010): New 10 percent excise tax on Americans using indoor tanning salons. Bill: PPACA; Page: 2,397-2,399

13. Obamacare elimination of tax deduction for employer-provided retirement Rx drug coverage in coordination with Medicare Part D (Tax hike of $4.5 bil/takes effect Jan. 2013) Bill: PPACA; Page: 1,994

14. Obamacare Blue Cross/Blue Shield Tax Hike (Tax hike of $0.4 bil/took effect Jan. 1 2010): The special tax deduction in current law for Blue Cross/Blue Shield companies would only be allowed if 85 percent or more of premium revenues are spent on clinical services. Bill: PPACA; Page: 2,004

15. Obamacare Excise Tax on Charitable Hospitals (Min$/took effect immediately):$50,000 per hospital if they fail to meet new "community health assessment needs," "financial assistance," and "billing and collection" rules set by HHS. Bill: PPACA; Page: 1,961-1,971

16. Obamacare Tax on Innovator Drug Companies (Tax hike of $22.2 bil/took effect Jan. 2011):$2.3 billion annual tax on the industry imposed relative to share of sales made that year. Bill: PPACA; Page: 1,971-1,980

17. Obamacare Tax on Health Insurers (Tax hike of $60.1 bil/takes effect Jan. 2014): Annual tax on the industry imposed relative to health insurance premiums collected that year. Phases in gradually until 2018. Fully-imposed on firms with $50 million in profits. Bill: PPACA; Page: 1,986-1,993

18. Obamacare $500,000 Annual Executive Compensation Limit for Health Insurance Executives (Tax hike of $0.6 bil/takes effect Jan 2013). Bill: PPACA; Page: 1,995-2,000

19. Obamacare Employer Reporting of Insurance on W-2 ($min/takes effect Jan. 2012): Preamble to taxing health benefits on individual tax returns. Bill: PPACA; Page: 1,957

20. Obamacare “Black liquor” tax hike (Tax hike of $23.6 billion/took effect immediately). This is a tax increase on a type of bio-fuel. Bill: Reconciliation Act; Page: 105

21. Obamacare Codification of the “economic substance doctrine”(Tax hike of $4.5 billion/took effect immediately). This provision allows the IRS to disallow completely-legal tax deductions and other legal tax-minimizing plans just because the IRS deems that the action lacks “substance” and is merely intended to reduce taxes owed. Bill: Reconciliation Act; Page: 108-113
Old School

United States

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#21
Nov 28, 2012
 
rwtaylor56 wrote:
<quoted text>Yes, I'm proudly a union member who voted for Obama and working 50-60 hour weeks in addition to my own small business. I draw no government benefits and pay my fair share of taxes.:)
So you work 50-60 hour weeks along with running a business which must take at least 15-20 hours. So you work 65-80 hour work weeks and play on Topix another 10. You are a busy man. I feel bad for your family if you have any. They must never see you.

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