Comments on: Obama on Taxes http://www.pappasontaxes.com/index.php/2010/01/28/obama-on-taxes/ Pappas on Taxation Thu, 09 Feb 2012 04:09:25 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: AspiringCPA http://www.pappasontaxes.com/index.php/2010/01/28/obama-on-taxes/comment-page-1/#comment-4128 AspiringCPA Fri, 29 Jan 2010 15:55:20 +0000 http://blog.pappastax.com/?p=13807#comment-4128 Or when Pelosi starts the standing ovation with a very stern look out at the crowd. Or when Pelosi starts the standing ovation with a very stern look out at the crowd.

]]> By: Peter http://www.pappasontaxes.com/index.php/2010/01/28/obama-on-taxes/comment-page-1/#comment-4114 Peter Thu, 28 Jan 2010 17:33:49 +0000 http://blog.pappastax.com/?p=13807#comment-4114 AspiringCPA, My favorite part of the speech was watching Biden try to act solemn while the President spoke. AspiringCPA,

My favorite part of the speech was watching Biden try to act solemn while the President spoke.

]]> By: AspiringCPA http://www.pappasontaxes.com/index.php/2010/01/28/obama-on-taxes/comment-page-1/#comment-4106 AspiringCPA Thu, 28 Jan 2010 14:40:30 +0000 http://blog.pappastax.com/?p=13807#comment-4106 Comments by item #: 1) This "fee" will be passed on as a "fee" to the consumer. The easiest way to put a fee on bank customers is to hit the ones that owe...this is a tax on the poor and middle class. Since when does the government get to scruitinize compensation anyway? 2) He advocated Cap&Tax almost in the same breath. This is the biggest tax increase on the middle class and poor EVER. 3) I will believe it when I see it. He still wants to raise the margin rate for individuals, which would include small business flowthroughs. 4) Bush already did this with the DPAD. I am willing to bet that the slash will be less than the hike. 5) ...Where do I start? Why should I fund someone else's kid through college. I am still funding myself. College is a luxury for those who work hard, not an entitlement. 6) The big companies will just pass these taxes to the consumer. Another Liberal tax on the poor and middle class. Making the poor pay taxes would be wildly unpopular. However, sneaking up behind him at the gas pump and stealing his wallet seems to be acceptible. My favorite part of the speech was when he talked about "creating jobs" through clean energy creation. What he really meant was "I want to reallocate your money to someone else in the most popular way possible." Solar panels are not a hot item. He knows it. So he then said we would create "incentive." Bring on the tax for subsidies to sell solar garbage to people who paid to have them made! Comments by item #:
1) This “fee” will be passed on as a “fee” to the consumer. The easiest way to put a fee on bank customers is to hit the ones that owe…this is a tax on the poor and middle class. Since when does the government get to scruitinize compensation anyway?

2) He advocated Cap&Tax almost in the same breath. This is the biggest tax increase on the middle class and poor EVER.

3) I will believe it when I see it. He still wants to raise the margin rate for individuals, which would include small business flowthroughs.

4) Bush already did this with the DPAD. I am willing to bet that the slash will be less than the hike.

5) …Where do I start? Why should I fund someone else’s kid through college. I am still funding myself. College is a luxury for those who work hard, not an entitlement.

6) The big companies will just pass these taxes to the consumer. Another Liberal tax on the poor and middle class. Making the poor pay taxes would be wildly unpopular. However, sneaking up behind him at the gas pump and stealing his wallet seems to be acceptible.

My favorite part of the speech was when he talked about “creating jobs” through clean energy creation. What he really meant was “I want to reallocate your money to someone else in the most popular way possible.” Solar panels are not a hot item. He knows it. So he then said we would create “incentive.” Bring on the tax for subsidies to sell solar garbage to people who paid to have them made!

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