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  • Your new Tax Rate

    http://www.nypost.com/p/news/local/j...vSotYbcF7bQZ3O

    NY Post has a good article on the "cliff' this Country is going to go over, also a good chart at the bottom of their page breaking out each income level. So now you too can see how much more you will be paying in Fed taxes
    I was going to buy a new vehicle this year...not if we go off the 'cliff' I wont shop either...just food, gas and housing costs

  • #2
    Yikes
    - Peter
    TANDEM AXLE PACKAGE [ATTACH=CONFIG]temp_130676_1427931341531_408[/ATTACH] $950 DELIVERED
    5 14X5.5 T06 WHEELS W/5 ST215/75R14 KENDA LOADSTAR RADIALS SS CENTER CAPS, LUGS, MOUNTED, BALANCED & READY TO INSTALL


    PM or email me for tire, wheel or package pricing.
    CARBURETOR REBUILDING - $125 + PARTS
    LED lights, Chrome & Powder Coated Lugs
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    • #3
      At work when we have issues we solve them ... No victims ... Be the change you want to be

      Many elected officials have never held "real" job and have never lead in times of trouble. It's sad that they can't find a solution ... It's very simple math ... Here is the sum of the expenses and here are the taxes that they conveniently call revenue ... Taxes can't be less than expenses

      We need to cut expenses wisely, challenge entitlement programs and find a solution here. Raising taxes this draconian will kill the economy ...those who make more spend more

      Comment


      • #4
        Originally posted by 2RLAKE View Post
        At work when we have issues we solve them ... No victims ... Be the change you want to be

        Many elected officials have never held "real" job and have never lead in times of trouble. It's sad that they can't find a solution ... It's very simple math ... Here is the sum of the expenses and here are the taxes that they conveniently call revenue ... Taxes can't be less than expenses

        We need to cut expenses wisely, challenge entitlement programs and find a solution here. Raising taxes this draconian will kill the economy ...those who make more spend more
        I would really enjoy being the guy to go through all the crap government programs with an ax ready to chop. I'm thinking I could find a little room to save some money.
        - Peter
        TANDEM AXLE PACKAGE [ATTACH=CONFIG]temp_130676_1427931341531_408[/ATTACH] $950 DELIVERED
        5 14X5.5 T06 WHEELS W/5 ST215/75R14 KENDA LOADSTAR RADIALS SS CENTER CAPS, LUGS, MOUNTED, BALANCED & READY TO INSTALL


        PM or email me for tire, wheel or package pricing.
        CARBURETOR REBUILDING - $125 + PARTS
        LED lights, Chrome & Powder Coated Lugs
        2 LED 6" BRAKE LIGHTS DELIVERED $25

        tiresplease@gmail.com

        Comment


        • #5
          holy cArp - I'll be hit with an additional $53k in taxes
          What does the fox say?

          Ring-ding-ding-ding-dingeringeding...

          You know they all have a little string hanging out, but it's not a tampon, it's a price tag...

          Comment


          • #6
            Originally posted by thatsmrmastercraft View Post
            I would really enjoy being the guy to go through all the crap government programs with an ax ready to chop. I'm thinking I could find a little room to save some money.
            OK, here's your chance. The US Budget for 2012 contained 3.7 Trillion dollars in spending, and 2.4 Trillion dollars in income, for a net deficit of 1.3 Trillion dollars. So to balance the budget, you need to ax 1.3 Trillion dollars from the Federal Budget.

            (From Wikipedia)
            Budget
            (Billions) Function
            $778.57 Social Security
            $716.30 National Defense
            $579.58 Income Security
            $484.49 Medicare
            $361.63 Health
            $224.78 Net Interest
            $139.21 Education, Training, Employment and Social Services
            $129.61 Veterans Benefits and Services
            $102.55 Transportation
            $79.62 Commerce and Housing Credit
            $62.02 Administration of Justice
            $56.25 International Affairs
            $42.83 Natural Resources and Environment
            $31.76 General Government
            $31.69 Community and Regional Development
            $30.99 General Science, Space and Technology
            $23.27 Energy
            $19.17 Agriculture
            $0.13 Allowances
            ($98.90) Undistributed Offsetting Receipts

            Go ahead, give it a try - Eliminate 1.3 Trillion dollars from the budget. What you'll find is that, in simple terms, you can eliminate everything below "Medicare", gutting essentially the entire federal government, to do so. You'll still have to pay the $224 Billion in interest on the National Debt, so you'll still have to come up with that much more to cut.

            At this point, you've eliminated (roughly):
            Department of Education
            Department of Agriculture
            Department of Veterans Affairs
            Department of State and Other International Programs
            Department of Homeland Security
            Department of Energy
            Department of Justice
            NASA
            Department of Transportation
            Department of the Treasury
            Department of the Interior
            Department of Labor
            Department of Commerce
            Department of Housing and Urban Development
            Army Corps of Engineers Civil Works
            Environmental Protection Agency
            National Science Foundation
            Small Business Administration

            And left:
            Social Security Administration
            Department of Health and Human Services including Medicare and Medicaid
            Department of Defense including Overseas Contingency Operations

            What a government! Frankly, I think about half of those federal departments have outlived their usefulness and could go, but most of them have budgets in the $10-$20 billion dollar range - chump change. Killing them off won't make a visible dent in the deficit.

            Sure, you could cut Social Security, Medicare, and Medicaid, but you'd end up with 40 million photogenic retired people outside your door with pitchforks and torches.

            You could cut the defense department - but that could never happen. Spending slightly less than the rest of the world COMBINED on the military is somehow sacrosanct. Even completely lopping off the defense department wouldn't balance the budget.

            Are you willing to take a shot?

            /frank
            1998 Maristar 200VRS

            Comment


            • #7
              Also....as the Ag bill is tacked into this 'Cliff' dive. The price of milk is predicted to go up to $6-$8 a gallon. So not only will we pay more in Fed taxes but goods will go up as well.

              FYI - I drink a gallon of milk a day, love it! So my monthly costs just went up $90 a month, roughly, just for Milk.

              Comment


              • #8
                I don't know if I could cover my medical treatments and expenses if not for the VA and yes I had a Line of Duty accident not got drunk and fell down the stairs or a car wreck. I don't agree with the VA covering non line of duty things
                1981 MasterCraft
                19' Skier 351W PowerSlot
                Long gone is the Trans AM waiting for another

                Comment


                • #9
                  Originally posted by FrankSchwab View Post
                  OK, here's your chance. The US Budget for 2012 contained 3.7 Trillion dollars in spending, and 2.4 Trillion dollars in income, for a net deficit of 1.3 Trillion dollars. So to balance the budget, you need to ax 1.3 Trillion dollars from the Federal Budget.

                  (From Wikipedia)
                  Budget
                  (Billions) Function
                  $778.57 Social Security
                  $716.30 National Defense
                  $579.58 Income Security
                  $484.49 Medicare
                  $361.63 Health
                  $224.78 Net Interest
                  $139.21 Education, Training, Employment and Social Services
                  $129.61 Veterans Benefits and Services
                  $102.55 Transportation
                  $79.62 Commerce and Housing Credit
                  $62.02 Administration of Justice
                  $56.25 International Affairs
                  $42.83 Natural Resources and Environment
                  $31.76 General Government
                  $31.69 Community and Regional Development
                  $30.99 General Science, Space and Technology
                  $23.27 Energy
                  $19.17 Agriculture
                  $0.13 Allowances
                  ($98.90) Undistributed Offsetting Receipts

                  Go ahead, give it a try - Eliminate 1.3 Trillion dollars from the budget. What you'll find is that, in simple terms, you can eliminate everything below "Medicare", gutting essentially the entire federal government, to do so. You'll still have to pay the $224 Billion in interest on the National Debt, so you'll still have to come up with that much more to cut.

                  At this point, you've eliminated (roughly):
                  Department of Education
                  Department of Agriculture
                  Department of Veterans Affairs
                  Department of State and Other International Programs
                  Department of Homeland Security
                  Department of Energy
                  Department of Justice
                  NASA
                  Department of Transportation
                  Department of the Treasury
                  Department of the Interior
                  Department of Labor
                  Department of Commerce
                  Department of Housing and Urban Development
                  Army Corps of Engineers Civil Works
                  Environmental Protection Agency
                  National Science Foundation
                  Small Business Administration

                  And left:
                  Social Security Administration
                  Department of Health and Human Services including Medicare and Medicaid
                  Department of Defense including Overseas Contingency Operations

                  What a government! Frankly, I think about half of those federal departments have outlived their usefulness and could go, but most of them have budgets in the $10-$20 billion dollar range - chump change. Killing them off won't make a visible dent in the deficit.

                  Sure, you could cut Social Security, Medicare, and Medicaid, but you'd end up with 40 million photogenic retired people outside your door with pitchforks and torches.

                  You could cut the defense department - but that could never happen. Spending slightly less than the rest of the world COMBINED on the military is somehow sacrosanct. Even completely lopping off the defense department wouldn't balance the budget.

                  Are you willing to take a shot?

                  /frank
                  I understand your point but our elected officials use this kind of logic for continuing to not address the problem/issue. When social welfare is mentioned they say cutting it would not put a dent in the deficit. Trimming defense spending would not put a dent in the deficit...

                  The thing is you have to start somewhere and the sooner you start the sooner it is fixed. The longer you wait the harder it is going to be to take the cure. All these wildly out of hand Departments of bla, bla, bla need trimmed. The time for less Federal Government has long since passed. Implement a straight/flat tax and you can get rid of a great deal of the IRS - just an example. Everyone is going to need an attitude of "do more with less" including the DoD and ourselves as individuals.
                  I love to travel, but hate to arrive. ~~ A. Einstein
                  -----
                  You donít stop riding because youíre getting old, but you get old when you stop riding.
                  -----
                  Life should not be a journey to the grave with the intention of arriving safely in a pretty and well preserved body, but rather to skid in broadside, in a cloud of smoke, thoroughly used up, totally worn out, and loudly proclaiming, Wow! What a Ride! ~~ Hunter S. Thompson
                  -----
                  My wakeboard is calling, and I must go ride! ~~ Me

                  Comment


                  • #10
                    I dont think my taxes are going to be affected much at all. But I guess you have to make a decent amount of money to get taxed on it. Im in favor of a universal tax rate. Everyone pays their share. I dont think the vast majority of the people on this site should be paying my share.

                    Comment


                    • #11
                      Voting

                      We're getting what we voted for. The majority of the USA wanted to keep the same president and the same non working government we've had for years so let it rip. It may be the best thing for this country in the long run, to have 8 years of no growth and high unemployment. This way we we do get back on track everyone who thought these days weren't so bad can really understand how bad things were.

                      JG

                      Comment


                      • #12
                        Originally posted by FrankSchwab View Post
                        OK, here's your chance. The US Budget for 2012 contained 3.7 Trillion dollars in spending, and 2.4 Trillion dollars in income, for a net deficit of 1.3 Trillion dollars. So to balance the budget, you need to ax 1.3 Trillion dollars from the Federal Budget.

                        (From Wikipedia)
                        Budget
                        (Billions) Function
                        $778.57 Social Security

                        /frank
                        Social Security isn't an expense, unless they're funding any part of it, which they aren't. They're distributing money that was contributed by people whose pay put them in the bracket that makes them "worthy" of doing so. Sure, they have management costs, but apparently, they use that to justify raiding it for a source of free money.

                        So, I guess the deficit is more like $2 Trillion dollars.

                        Comment


                        • #13
                          Originally posted by jgraham37128 View Post
                          We're getting what we voted for. The majority of the USA wanted to keep the same president and the same non working government we've had for years so let it rip. It may be the best thing for this country in the long run, to have 8 years of no growth and high unemployment. This way we we do get back on track everyone who thought these days weren't so bad can really understand how bad things were.

                          JG
                          Beg your pardon? The ones who want to continue to take from the government and are in favor of the government leading the country to ruin got what they wanted. The rest of us are getting screwed.

                          BTW- that majority was of voters, not the country. I'm pretty sure there's a good number of people who don't vote but could have voted for someone else in an effort to keep Obama from being re-elected (like an alternate candidate), even though they may be eligible.

                          How, exactly, would no growth and high unemployment do the country ANY good? If you remember, the only thing that got us out of The Great Depression was WWII and another World War is the last thing we need.

                          Comment


                          • #14
                            Originally posted by nkorep2 View Post
                            I dont think my taxes are going to be affected much at all. But I guess you have to make a decent amount of money to get taxed on it. Im in favor of a universal tax rate. Everyone pays their share. I dont think the vast majority of the people on this site should be paying my share.
                            What do you propose to do about the huge number who never pay because they have no job skills, education or desire to improve themselves to the point that they would be able to make more?

                            Comment


                            • #15
                              Originally posted by JimN View Post
                              Social Security isn't an expense, unless they're funding any part of it, which they aren't. They're distributing money that was contributed by people whose pay put them in the bracket that makes them "worthy" of doing so. Sure, they have management costs, but apparently, they use that to justify raiding it for a source of free money.

                              So, I guess the deficit is more like $2 Trillion dollars.
                              Yeah, Social Security was one of the biggest scams against the young every perpetrated. Every single penny that we contributed to the "Social Security Trust Fund" has been spent - every dime of Social Security expenditures that gets paid out over and above current payroll taxes comes from the general fund.
                              1998 Maristar 200VRS

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