Obama pays less % in income taxes than his Secretary Obama pays less % in income taxes than his Secretary
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    Obama pays less % in income taxes than his Secretary
from DaveT  
4/14/2012 4:43:27 PM

Rated:

  Now where have we heard this before? Mr President why don't you just pay more to the IRS, I would say they would take it, problem solved.


http://abcnews.go.com/blogs/politics/2012/04/president-obamas-secretary-paid-higher-tax-rate-than-he-did/


just
ther thing Obama says do as I say not do as I do.


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   yep from RJR  4/14/2012 6:08:27 PM
 and the liberals will never get it.


   I bet from Skipper  4/14/2012 7:14:17 PM
 There are tax breaks in the tax code for Presidents of the United States and I bet the Commander in chief isn't too worried about the IRS auditing him, but here nor there, I really don't care about how much he paid and how much is secretary paid (wanna bet the PTOUS has more than 1 secretary and there are various pay scales for each of them?)


What I do know is what I paid and how much trouble it is to pay what I paid. There's got to be a simpler way.


And another thing that burns me up is those who don't work, draw a crazy check, and get a tax refund because they have half a dozen children I'm paying for stamps, housing, schooling, medicaid and such for. Yes, they don't pay in and they get a tax refund. How bout we solve that problem while we are at it, oh, I forgot, there's more of them than there are of us working and paying tax so we can't out vote them.


   Skipper I don't care what Obummer pays in taxes, but from DaveT  4/14/2012 7:24:01 PM
 he should quit preaching to the rest of us about a boss paying less in taxes than his secretary. Then he goes and does the same dam- thing. And no body calls him on it.


   taxes from ky bass man  4/14/2012 8:49:03 PM
 Aw he just don,t know how to use the tax shelters with Swiss banks or the Jamaican islands yet. He will probably file for a extension to. Both side of the fence are as bad as the other.


   This whole thing is a sham and anyone with a brain knows it, Brad types are obviously excluded from Skipper  4/14/2012 8:54:46 PM
 The more money you make the more complicated your taxes become and anyone who's self employed, owns an LLC or S Corp or some other kind of business knows that. I pay business taxes. the S Corp pays, my LLC pays, other entities that I own or invest in pay taxes and I pay personal taxes.


In other words unlike my secretary who files a 1040 EZ on a W2 my taxes involve a ream of paper, nearly 20 envelopes to various government agencies with checks for each in them. If you looked at my 1040 alone, yes, I probably pay a lower percentage, however, what's not taken into account is the taxes I paid through my businesses. For instance I have to pay the County here a "Net Profits" tax. The county's definition of Net and mine are entirely 2 different things. They allow very few deductions. I have to pay the city a percentage for a Business License and in the end I also pay the county occupational tax on the salary I take.


If someone were to see "My Taxes" the ones filed under my ss number they wouldn't see the ones filed under my FEIN's.


It's just more BS designed to illicit responses from people like Brad who know no better and never will know any better but want to start a class envy war. Buffet owes the US Government over a billion dollars according to the IRS and he's got the lawyers and CPA's to defend himself. He's not going to pay now or after they pass this new bill. Who will be stuck is the small business guys like me and millions of others who do not have access to the system. I once had a $36 mistake on a quarterly report cost me a $500 IRS fine, I paid it and was happy they didn't demand a thousand. The government knows who they can push and who's got the power over them (read the ones donating to election funds).


   reagan said it best... from Brad  4/14/2012 9:07:51 PM
 


   ky bass man I haven't heard anyone on the GOP side from DaveT  4/14/2012 9:10:48 PM
 try to divide the country the way Obummer has. He knows he can not run on his terrible record. So he has to pit one group against the other. Just a pitiful President pitiful.


   Dave, that was pitiful... from Brad  4/14/2012 9:46:43 PM
 What looms huge in your mind remains unexplainable in the english language...


Please give us ONE indicator that the economy hasn't improved since this president stepped right smack dab into the biggest economic downturn in 50 years!


BTW when you say that you haven't seen the GOP try to divide this country the way Obama has, it only means that you haven't spoken to a full grown woman in the last couple of years~!


have a nice day...


   Brad, Why is it so hard for you to get it through your thick skull from Skipper  4/14/2012 10:36:21 PM
 A guy/gal that makes millions of dollars per year is smarter than you are and is smarter than the government is and is smarter than the nutcases in congress.


You can pass whatever legislation you want to pass, whatever rules you want to pass and the Warren Buffet's of this world will STILL pay a significantly smaller percentage of their income that you will. They can not pass laws that are going to change that. What you and the rest of the Kool Aid drinkers can't understand is Warren Buffet has an INTERNATIONAL business. That means he has the ability to move operations, funds, and money to places world wide that won't tax him as much.


Here's one you might understand:


Some years ago the brainiacs at our local courthouse passed a $35 tax on water heaters. Anyone selling or any plumber installing a water heater in this county had to collect the $35 tax and give it to the county.


Guess what happened?


People bought their water heaters across the state line in Tennessee. A little hardware store in a podunk town suddenly became a very large dealer of water heaters relative to it's small market population. Oh, the county complained and tried to make them pay the $35 for residents of our county who went there to buy water heaters. But the hardware store across the state line didn't give a flip about the county's request and the request wasn't enforceable in Tennessee because the State of Tennessee collects sales tax on the water heaters and they were perfectly happy with them being sold in Tennessee.


The local plumbers got mad because people quit calling plumbers to install water heaters because they were required to collect the tax.


Then there was the Garbage Pickup deal. They tried charging the $35 tax on people who put a waterheater out for the garbage pickup. People started dumping them in various places and now the county has to hold a once a year appliance pickup to keep them from ending up on the sides of roads.


On the other hand, there's all sorts of old widow women who can't install their own water heater, don't have pickups to go fetch one in Tennessee, so some of the least able among us pay the tax.


   can you post a link to a credible source? from Brad  4/15/2012 12:06:41 AM
 otherwise it is just another right-wing internet myth....


specifically designed to keep the bumpkins in the royalty worshiping mode...


Government is evil-- Corporations are people, my friend!


:(


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.


.


.


______



   Post an internet link to common sense from Skipper  4/15/2012 8:03:56 AM
 How do you do that?


If Lowes and Home Depot had stores side by side in the same town and Home Depot decided to charge 50% more for lumber at their store than Lowes does and advertised it as "Union Made" lumber, do you think the consumers paying for lumber would buy the Home Depot Lumber with a 50% tax or would they choose (in this time of $4.00 gas) to save 50% and buy their lumber at Lowes?


You say it's not the same, it is the same ding dong. People with the kind of money your talking about taxing make decisions about where they are going to locate assets or operations based on taxes.


When Wal Mart came here to look for a place to put it's regional distribution center they bid it out to the states and counties. They picked 4 locations in 4 counties and 2 states. The winning location belonged to the county who agreed to donate the property, sign off on a bond so they would not have to pay property taxes on their plant, and allow them to keep the county occupational tax they collect from their employees.


Volkswagen, when it built the plant in Chattanooga, TN bid it out to a bunch of state and locations seeking the best tax situation they could find.


Amazon recently conned Tennessee into allowing them to sell stuff from centers in Tennessee and not pay sales tax like everyone else.


Have you not read the fact that the IRS now thinks Buffet owes a billion dollars in tax that he hasn't paid. They came after me and fined the piss out of me over a 30 something dollar mistake, but over his billion dollars they've argued over it for years.


When you start talking about paying taxes on billions of dollars that total into the hundreds of millions it becomes worth it to shop what you are doing from place to place to find the best location in part based on taxes.


   Brad who pays your salary as a ship builder? from JohnM  4/15/2012 10:49:36 AM
 And when we have enough Navy ships what should happen to YOUR job?


How much should the person who thought up the stealth ship be paid? Say it's a million. Are you saying we should now take 40% of that back? Why would this person want to provide his thoughts here for 600K knowing he is going to get further taxed on investments when he could sell it to another country and keep more of HIS intellectual property?


We need the ship builder, but never forget without the brains the muscles have no job. Without the muscles the brains cannot produce. Which is easier to find?


FWIW: Not all of us walk around like zombies thinking Reagan was the massiah. The one perfect being no longer walks the earth.


   Brad it would be hard to name just one indicator that the economy has NOT IMPROVEED from DaveT  4/15/2012 11:09:20 AM
 but I will take a stab at it. The price of Gas when Obummer took office was around $1.89. Where I live right now the price of Gas is $3.88. Almost doubled, do you not drive? One more just for fun, I have read it a few different places that there are now over 4 million less people working under Obummer. One more just for fun, NO President in my life time has divided the country more than Obummer.


   Let's give this a try: from Skipper  4/15/2012 6:39:17 PM
 One of the largest reasons why the Government (at all levels) is broke is the number of people drawing money out of the government exceeds the number of people putting money into the government. IE: There are more people not working or barely working than there are working and paying taxes.


If we were in a robust economy the government's budgetary problems would be much smaller because more people would be paying in than taking out.


What's our national debt ballooned out to?


   That's not fair! from Funky  4/15/2012 7:28:46 PM
 Paying a lower rate than their secretary, just ain't fair... dats what he said... I heared him say it... at 1:30!



   Yeah Bwad... lets tax all the millionaires... from Funky  4/15/2012 7:35:35 PM
 lets tax all them selfish bassturds! That'll solve the problem... for a month! But at least you'll feel good about it.



   Hey Brad from Jeff Hahn  4/15/2012 7:37:59 PM
 Hey Brad...how about this? Most of my professional colleagues are liberals...very liberal, kinda like you. And, everyone of the economists in our Economics Department agree that the economy has improved in the last year or so. However, they all agree that it has improved much more slowly, due to Obama's policies, than it would have if he had left well enough alone and done nothing. In short, the economy has improved IN SPITE of Obama, not because of Obama.


Speaking of liberals, how's the liberal poster boy for integrity, John Edwards, doing these days? All my liberal colleagues thought he was the nuts back when he was running for Pres!


Jeff Hahn



   Funky Brad doesn't like facts and that second video from DaveT  4/15/2012 7:56:45 PM
 was full of facts. Brad has parrot DNA. He just keeps repeating the lib talking points.


   Fuel costs from BCB  4/15/2012 9:12:01 PM
  We have long said this is an oil recession from the high price after hurricanes Katrina, Rita and Ike. It was high, then let up and now it's jacked up again. Just look at housing in rural communities and the vacancies. We will take a stab at this one


The average American drives 13,476 miles a year. (Per Vehicle)


Source: http://wiki.answers.com/Q/What_is_national_average_of_miles_each_American_driver_drives_per_year


CAFE
ndards average a required avg. of 27 MPG in 2012


Source:
http://en.wikipedia.org/wiki/Corporate_Average_Fuel_Economy


Thats
average of an added $953 per vehicle annually, or $1,906 per two (2) vehicle household, based on the present CAFE requirements which are much higher in MPG than vehicles we had in the early 2000's years.


Take that and more out of the working Families budgets. They simply can't afford te fuel costs. And that does not include boat gas and more. Let alone families with teen drivers, college students and more.



   There you go BCB with more facts from DaveT  4/15/2012 9:33:55 PM
  The libs can't handle facts. That $953 per vehicle really hurts. Nice post.


   Bcb... from Gridleak  4/15/2012 9:41:24 PM
 ...


B.S.


Have you considered BCB that the high price of oil is the reason many, even most, of these same families even have a job?


Research two graphs.


1.) Oil price spikes between say 1970 and now.


2.) Unemployment spikes of the same time period.


Now, take the unemployment graph and invert it... the result will be a graph that shows high employment spikes.


When you line the two graphs up you will find a direct correlation between high oil price and high employment.


Oil is king. It's as simple as that and there is no other industry on the planet that can feed more BILLIONS of dollars into the economy as fast as the oil industry.

Gridleak


   Just so you know DaveT... from Gridleak  4/15/2012 9:51:27 PM
 ...


I have no arguement with his facts regarding cost of driving a vehicle and its effects on a families budget.


What I have a problem with is his tying the recession to the price of oil up to and including vacant housing in rural communities. The housing collapse had absolutely nothing to do with the price of oil. The housing collapse pulled the entire economy down with it including the oil industry. Now that the oil industry has began to pick back up and will likely be the savior of the economy... again... some knucklehead wants to come along and stifle it.


Stifling growth in a major American industry is NOT the way to improve the economy.


Gridleak


   b.s. Grid from Beartrap   4/15/2012 10:31:45 PM
 those high spikes of the economy and similar spikes in price of gas just reflects the oil companies greed....what you're not showing is when fuel costs spike, it knocks the hell out of the economy and yes it does affect the housing market also....
that additional $953 times two or three vehicles per household drastically reduces the disposable income of millions of familes...and it has a ripple effect that hurts almost every business out there.....
take the enormous profits away from a half dozen oil companies and it will go a long way toward restoring our economy....

Beartrap
   Grid... from BCB  4/15/2012 11:33:56 PM
  Gridleak, we know oil employs thousands of folks and millions in the secondary and product markets. Though here are some graphs we used for dealer knowledge on economic data. We added the unemployment graph link for your benefit. Rick


http://i242.photobucket.com/albums/ff90/AvaBrendan/09-18.png


http://Bass-Cat-Boats.u.yuku.com/fs/view/fid/159875


http://Bass-Cat-Boats.u.yuku.com/fs/view/fid/164146
p>Edited 4/15/2012 11:34:58 PM


   Take the profit away and give it to who BT? from JohnM  4/15/2012 11:43:49 PM
 Landowners, refiners, share holders, who gets the money they have not earned?


   BCB and BT... from Gridleak  4/16/2012 6:45:31 AM
 ...


Nice graph of unemployment BCB... now do the rest of the instructions and post that.


Beartrap... welcome to the party of the Socialist Republic of the United States of America. You will go far in the politboro ranks with thinking like that combrad.


Gridleak


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