mccain's vp

[Cannon Shell]

Originally Posted by dalakhani

AMT is GOOD. I can tell you from experience that if not for AMT my effective tax rate would be about _____. And the rich can say the same thing.

Capital gains taxes arent good but necessary.

Do you question Warren Buffet's capitalist nature? He is in favor of these tax policies.

Families making over 250k arent rich but have you done the math on how much added burden a 250k family would have to take on?

AMT is not good, it is misguided and outdated and needs to be at least altered to the times.

Warren Buffet's opinion is the opinion of a guy who sits a long ways away from the real world of the "middle class". Maybe he is simply he is a typical billionaire who feels guilty about making so much money. The Bleeding heart billionaire.

Any extra burden on a $250k family is too much. Or should people who live in big cities where a $250k family is middle class not count?

What is interesting is that many of the same people who go absolutely nuts if a racetrack raises takeout are card carrying, raise the taxes Dems.

[dalakhani]

Originally Posted by Cannon Shell

AMT is not good, it is misguided and outdated and needs to be at least altered to the times.

Warren Buffet's opinion is the opinion of a guy who sits a long ways away from the real world of the "middle class". Maybe he is simply he is a typical billionaire who feels guilty about making so much money. The Bleeding heart billionaire.

Any extra burden on a $250k family is too much. Or should people who live in big cities where a $250k family is middle class not count?

What is interesting is that many of the same people who go absolutely nuts if a racetrack raises takeout are card carrying, raise the taxes Dems.

AMT is necessary and you know it is. Altered? perhaps...but you have to agree that it is necessary.

Any burden on a 250k family is too much? How can you say this unilaterally when not taking into account many other factors?

I think your racetrack analogy is off. Bitching about takeout and bad rides is bipartisan.

[Cannon Shell]

Originally Posted by dalakhani

AMT is necessary and you know it is. Altered? perhaps...but you have to agree that it is necessary.

Any burden on a 250k family is too much? How can you say this unilaterally when not taking into account many other factors?

I think your racetrack analogy is off. Bitching about takeout and bad rides is bipartisan.

I dont believe that AMT is necessary but if it is going to stay (mostly for political reasons because god forbid anyone be seen as helping the "rich") than it absolutely should be adjusted to modern income levels.

How can you say that $250k is the number at which it is ok to add burden? Especially considering the wide gap in CoL throughout the country? Surely a family living in manhattan versus a family living in Montana is an important factor?

My racetrack analogy isnt off, what is the difference? Raising takeout is akin to raising taxes because in theory the extra takeout is used to make improvements or added to purses to put on a better product. But as in govt, that rarely happens and in the end all it succeeds in is taking money that would add to handle (the economy) out of circulation which shrinks handle.

[dalakhani]

Originally Posted by Cannon Shell

I dont believe that AMT is necessary but if it is going to stay (mostly for political reasons because god forbid anyone be seen as helping the "rich") than it absolutely should be adjusted to modern income levels.

How can you say that $250k is the number at which it is ok to add burden? Especially considering the wide gap in CoL throughout the country? Surely a family living in manhattan versus a family living in Montana is an important factor?

My racetrack analogy isnt off, what is the difference? Raising takeout is akin to raising taxes because in theory the extra takeout is used to make improvements or added to purses to put on a better product. But as in govt, that rarely happens and in the end all it succeeds in is taking money that would add to handle (the economy) out of circulation which shrinks handle.

I dont think you read my response at all. I said that AMT is necessary and perhaps it could be altered. If not for AMT, there are many multi millionaires that could make their effective tax rates below 20%....Less than your average middle class worker. Is that fair?

As for the 250k, it really is hard to come up with a number. I guess they settled on a number that was about four times the median household income. It would probably be better if families in areas like mine or new york, etc could work off of some kind of sliding scale.

My point about "handle" was that its not just democrats bitching about it. Everyone does.

[SCUDSBROTHER]

Originally Posted by dalakhani

I dont think you read my response at all. I said that AMT is necessary and perhaps it could be altered. If not for AMT, there are many multi millionaires that could make their effective tax rates below 20%....Less than your average middle class worker. Is that fair?

As for the 250k, it really is hard to come up with a number. I guess they settled on a number that was about four times the median household income. It would probably be better if families in areas like mine or new york, etc could work off of some kind of sliding scale.

My point about "handle" was that its not just democrats bitching about it. Everyone does.

You asking him about fair? LOL...He said he went through Catholic School, but slept through religion.

[Cannon Shell]

Originally Posted by SCUDSBROTHER

You asking him about fair? LOL...He said he went through Catholic School, but slept through religion.

What are you a priest? Or a nun?

Originally Posted by SCUDSBROTHER

You asking him about fair? LOL...He said he went through Catholic School, but slept through religion.

And you believed that Catholics were not Christians when he stated this.
California Cataract bonging I suspect.

[Danzig]

Originally Posted by pgardn

And you believed that Catholics were not Christians when he stated this.
California Cataract bonging I suspect.

i took it all along that he meant not all christians are catholics. presumably all catholics are christians on the other hand...

[Cannon Shell]

Originally Posted by dalakhani

I dont think you read my response at all. I said that AMT is necessary and perhaps it could be altered. If not for AMT, there are many multi millionaires that could make their effective tax rates below 20%....Less than your average middle class worker. Is that fair?

As for the 250k, it really is hard to come up with a number. I guess they settled on a number that was about four times the median household income. It would probably be better if families in areas like mine or new york, etc could work off of some kind of sliding scale.

My point about "handle" was that its not just democrats bitching about it. Everyone does.

I did read your response. Did you not see my little rebuttals? You say AMT is necessary, I dont. We disagree and there is no way i am getting into why i think that its elimination could be covered much more effectively because i just cant type that much.

Everybody may bitch about the takeout but Dems are in effect voting for Brunetti and his takeout/tax plan.

[dalakhani]

Originally Posted by Cannon Shell

I did read your response. Did you not see my little rebuttals? You say AMT is necessary, I dont. We disagree and there is no way i am getting into why i think that its elimination could be covered much more effectively because i just cant type that much.

Everybody may bitch about the takeout but Dems are in effect voting for Brunetti and his takeout/tax plan.

NOOOOO.

Obama's tax plan helps 95% of the population.

Brunetti's takeout plan only helped the house.

Now, i would favor a takeout plan that would help 95% of the players.

[Cannon Shell]

Originally Posted by dalakhani

NOOOOO.

Obama's tax plan helps 95% of the population.

Brunetti's takeout plan only helped the house.

Now, i would favor a takeout plan that would help 95% of the players.

There is no tax plan available that would help 95% of the population. that alone is where you stop reading.

[Danzig]

Originally Posted by DaHoss9698

You guys are making it very hard to hijack this thread. Geez....

hey, more are trying. geeker and i were just starting a nude convention discussion.
but i'm afraid i may have stopped it in its tracks with my mikulski comment...

[Danzig]

Originally Posted by Cannon Shell

AMT is not good, it is misguided and outdated and needs to be at least altered to the times.

Warren Buffet's opinion is the opinion of a guy who sits a long ways away from the real world of the "middle class". Maybe he is simply he is a typical billionaire who feels guilty about making so much money. The Bleeding heart billionaire.

Any extra burden on a $250k family is too much. Or should people who live in big cities where a $250k family is middle class not count?

What is interesting is that many of the same people who go absolutely nuts if a racetrack raises takeout are card carrying, raise the taxes Dems.

that's a very good point that gets largely ignored. some parts of the country (such as here) that is a TON of money. other places, not so much. tony and i have it made down here as for the most part the cost of living is really low. my house payment is incredibly low, property down here is cheap. by the same token, the federal minimum wage stretches a lot further here than anywhere-most states min wage is higher than the federal. speaking of the minimum wage, we just had a hike on that-and is it just coincidence that unemployment grew at the same time? i know here locally it's not a coincidence. my daugher got let go a month before leaving for college, along with a coworker, due to the hike. small businesses down here couldn't handle the increase, which happened at the same time that volume was decreasing due to oil and fuel prices.