dems to "rescue" taxpayers

http://www.cnn.com/2008/POLITICS/10/10/democrats.stimulus/index.html?iref=mpstoryview

Well it's about time....

Wonder if any republicans will support this?

sodbuster wrote:Wonder if any republicans will support this?

I am glad that you and the Democrats have come around to believing that Americans are taxed too much and that tax cuts--in the form of stimulus refunds--is the way to go.

Keli wrote:

sodbuster wrote:Wonder if any republicans will support this?

I am glad that you and the Democrats have come around to believing that Americans are taxed too much and that tax cuts--in the form of stimulus refunds--is the way to go.

If you click the link you'll learn this isn't a tax cut or rebate, Keli. It would be an increase in food stamps, heating assistance, and the feds reimbursing or just covering the states' portion of Medicaid, stuff like that.

sodbuster wrote:http://www.cnn.com/2008/POLITICS/10/10/democrats.stimulus/index.html?iref=mpstoryview

Well it's about time....

Sherm,

My family of 5 has an annual income of 33,000 dollars right now.

The Democratic package does jack squat for us.

Only if we applied for welfare and heating assistance would we benefit from it.

The Democrats are for the working man? Donkey dumplings. I am the demographic they claim to speak for, and their plan gives me zero.

And when they win in November, watch MY taxes go up when the Bush tax cuts are not extended.

The only way for my family to be helped by the Democrats is to apply for welfare. I think that is what they want. But such desires are very, very costly.

Unless your income is over 250 K your taxes will go down not up.

Maybe we'll still have the Rural Electrification for the next 100 years.

Well OC I understand you dont like Democrats and think we want your stuff.

But don't you agree the gvt. needs to intervene to stave off another depression?

What makes you think the government is competent to stave off a depression? I suspect government intervention will make things much worse just as Roosevelt's meddling did.

Well then why did it continue for 3 years underneath Hoover?

Was he meddling too?

Perhaps if you took off your rose colored glasses and read history as it actually happened Sherm, you might actually learn some truth.

Just a suggestion.

These aides indicated that in addition to aid to states struggling with their budgets, the package could include things similar to what the House passed before, such as infrastructure money, an extension of unemployment benefits, food stamps and more money for low-income energy assistance.

This is from your link Sherm. Please explain to me how this helps the bulk of Americans if you can?

Because I've got to be honest with you, what I see is a package targeted at the core democratic voters in the upcoming weeks before an election and what I honestly think will happen is Pelosi (was she a Marx major Trinity College) will rush this bill through in hopes of one of two things happening. Either house Republicans (they seem to be the only ones left with any common sense whatsoever) will stimey the bill or it will get passed and Bush will veto it. And then democrats can go to the American people and tell how it is the democrats and Barrack (An angel get's it's wings every time he says change) Obama wants to save the poor working man, how they're doing all they can but the big bad Republicans won't let them and the only way Barack (hear the angels sing) Obama can save them from the big bad Republicans is if the elect a veto proof Congress and Senate.

Sherm,

When the Bush tax cuts expire (and they will), my taxes will go up, under a Democratic administration and a Democratic Congress. The frustrating thing is that they will never admit it, and probably blame someone else.

Mike......

Some way.......

Some how......

It will be Boosh's fault.

I guarantee it!

Well Mike the best I can determine everyone will pay less up to $250 K income.

Especially on the lower end.

At $33K for a family of 5 I doubt you would have to pay anything.

But Sherm, I don't pay national income taxes.

In fact, I am set to receive about 3K in "tax refunds" for taxes I never paid in the first place!

I used to make in the mid 40's, and back then I saw that the Bush tax cuts had almost completely eliminated my taxes. It always hacked me off to hear about how the tax cuts were for the rich, as I really benefitted from them in a big way.

What the Dems are "banking on" (get it, banking? hahahahaha) is that people who make as little as I do don't pay any attention to reality and just blindly follow the Democrats as the Republicans are the "party of the rich." When we start paying taxes again, or our taxes go up, very few will cry foul. Others will simply go on the extended welfare programs and be bought off in that way.

But as far as "tax cuts" for people trying to pay their own way through life, they will not happen under the Democrats and the so-called stimulus package, AGAIN, does not give my family ONE CENT.

Unless we apply for welfare.

Sherm,

I have a wager for you. You already owe me biscuits and gravy and I say let's make it double or nothing.

IF Obama wins, I predict that either taxes will go up or the refund will go down for a family of 5 making 33,000 dollars a year WHO ARE NOT ON WELFARE. This will happen by January of 2010.

Care to take the bet?

Let's look over at hrblock for today's figure, in tax year 2007, the tax refund (which really isn't a refund) is 3988.

Well I dont understand how you guys know what is or is not in the Dems' stimulus package when it has not been written yet.

But yes I will go double or nothing on b&g.

Well I dont understand how you guys know what is or is not in the Dems' stimulus package when it has not been written yet.

Then why do you expect anyone's unqualified support? Because we're True Believers, too?

"Then why do you expect anyone's unqualified support? Because we're True Believers, too?"

Heck oc I don't expect your unqualified support.

I would settle just to not have your unqualified opposition.

Heck why not try throwing a little stimulation toward the commoners?

We have tried eight years of slopping the fatcats and turned them loose to run wild.

Even encouraged their unbridled greed.

How has that worked for us?

Not so much if you ask me.

http://apnews.myway.com/article/20081011/D93OHKO80.html

Mike see what I mean?

Read down thru this and you will see a healthy tax "rebate" is/will be included.

Don't be deceived by the naysayers.

There are two kinds of people in this world Mike.

Those who try to make things work, and those who try to make them not work.

My guess is, based on your previous posts, that your family could use another $1200 or so tax "rebate".

I know we could.

So dont be deceived by those who declare it won't be in there.

Remember that Ragu spaghetti sauce commercial? "It's in there."

"The candidate (Obama) has said previously he favors $25 billion to help states meet their own needs, another $25 billion for roads, bridges and other infrastructure, and $65 billion for tax rebates paid for by a windfall profits tax on oil."

"possibly a tax rebate"

The word possibly is a big one, and Obama ties it to windfall profits taxes. It is presently an afterthought after more and more welfare spending, and calling it a rebate is not technically correct (just like saying you'll cut taxes on 95% of Americans is not technically correct, either). I have a 6th grader serving restitution who just moved down from the inner city and she knows that her family does not have to pay taxes. If the voters fall for such a scheme that a 6th grader knows is bogus, then we deserve Obama.

NEVERTHELESS, the bet is still on, Sherm. The Dems are not going to give me any rebates, at least not without raising other taxes on me. They may give me 1200 dollars and then let the Bush tax cuts expire. Once the marriage penalty is restated and the 10% level removed, I have every confidence (in the negative sense) that I will pay more under the Obama administration than I will today (or better said, as of last year, will start paying when I did not have to).

If Bush hates the poor so much, including the working poor, why does my family (which is far from poor--we own our house and our debts will be paid off by January, God willing) get such a break compared to the wealthy?

How has that worked for us?

Not so much if you ask me.

I did not.

"...windfall profits tax on oil."

So there you have it. A regressive tax on those who use gasoline. Very nice. This should stave off a recession...

The beauty of it is that gas prices are falling. When they stop falling due to the windfall profits tax, the Dems will blame "big oil."

Whatever harm they do, they'll just blame on Bush. The question that remains is whether it will take 2 years or 4 for the American people to call them out on it.

The gas prices falling is a temporary situation that will start changing somewhere in mid-November. I'm quite confident by Christmas they will be well back over the $3.50 mark and by next summer over the $4.00 mark.

After all, Obama said high gas prices are not a bad thing. He says it's the best way to get Americans to conserve and change their driving habits. Sounds vaguely European, IMHO.