Who's ready to get ASSRAPED on Jan 1?
- Thread starter papajohn56
- Start date
this is more like a 300% increase in taxes, look at the capital gains/qualified dividends rate increase they are wanting
So make a few changes so you don't have any capital gains/dividends for a few years ... not exactly rocket science.
I don't think you know how math works. From 10 to 15% is a 50% increase.
35->39.6% is a 13.1% increase. 15->23.9 is a 59.33% increase for capital gains.
I think you should assume less. I was simply referring to the rate increases you posted i.e. from 25% to 28%, 33% to 36% etc.
Thanks for your stupid and irelevant comment. Oh wait; was that supposed to be a joke?
~~Pace Out~~
i just got it so that i dont have any capital gains or dividends took only just a few changes it really is not like rocket science
The average American is an idiot if they think it's a great idea to tax the highest brackets more... that means hiring will slow down and it will fuel the culture of dependency that lazy ass Americans are getting quite comfortable with and stagnate our economy even more. Seriously. unemployment is like 24 months or some shit now. If you can't find a job in 3 months then you aren't really looking. McDonalds is always hiring and would pay the same as max unemployment, but apparently uneducated fools are too proud to take a job like that and would rather sit back and live off of people that actually pay taxes. Don't get me wrong I am all for helping people that actually need help, but most of the people getting "public assistance" don't really need it.
The average person in the higher brackets isn't stupid. They aren't going stuff the extra cash in their mattress. They are going to to re-invest it and turn it into even more money and part of that will involve creating more jobs. They are also going to spend it on themselves... buying new shit, going out to eat, going on vacations, etc........ All of which also creates jobs. Durrrrdy durrrrrrrrrrrrrr.
An attractive MILF who understands economics...
Welp, I'm aroused.
The average American is an idiot if they think it's a great idea to tax the highest brackets more... that means hiring will slow down and it will fuel the culture of dependency that lazy ass Americans are getting quite comfortable with and stagnate our economy even more. Seriously. unemployment is like 24 months or some shit now. If you can't find a job in 3 months then you aren't really looking. McDonalds is always hiring and would pay the same as max unemployment, but apparently uneducated fools are too proud to take a job like that and would rather sit back and live off of people that actually pay taxes. Don't get me wrong I am all for helping people that actually need help, but most of the people getting "public assistance" don't really need it.
The average person in the higher brackets isn't stupid. They aren't going stuff the extra cash in their mattress. They are going to to re-invest it and turn it into even more money and part of that will involve creating more jobs. They are also going to spend it on themselves... buying new shit, going out to eat, going on vacations, etc........ All of which also creates jobs. Durrrrdy durrrrrrrrrrrrrr.
Well, your rant is wrong. It's already been proven that lower taxes on the highest brackets does not create jobs.
Papajohn's math corrections aside, a 3-4% rate increase makes a big difference. I imagine it will affect the economy more on a macro level than immediately on the individual. I'm furious that I will be paying more but that's not what I'm worried about. I'm worried about the fact that business and investments will slow down because of these changes, which could catapult unemployment to a new high. When people aren't employed to support the foodstamp class and start joining it at a rapid pace, the real circus begins. At that point expect government to turn up the juice full bore and become our "saviors" at the expense of anything we have left.
You post without said proof?
How the fuck do you figure that when I go to the mall and drop money in at least half a dozen stores that that is not creating jobs? What about when I went to a hotel for one night a couple weeks ago just to get away from the kiddos... I dropped over a grand between room service, the room, a spa treatment for myself and a round of golf for the hubs? Does that money not go towards people having jobs? I can assure you that I will do a lot less of this when my taxes go up!
How do figure that when they increase taxes and I have less profits because of it that it is not going to cause me to slow down hiring. Right now I am looking to hire an ad manager and a kick ass affiliate manager (shameless plug, referrals welcome!). I definitely wouldn't be looking to add to my team if profits were less... profits are already slim enough with a network.
It's simple economics and your proof is some bullshit some organization put together with facts that conveniently supported the outcome they wanted to portray. I can twist things to make them say what I want too if I try hard enough. Lulz.