Intelligence

[Syd]

President Barack Obama's tax proposal - which promises to increase taxes for those families with incomes of $250,000 or more -- has some Americans brainstorming ways to decrease their pay, even if it's just by a dollar.

A 63-year-old attorney based in Lafayette, La., who asked not to be named, told ABCNews.com that she plans to cut back on her business to get her annual income under the quarter million mark should the Obama tax plan be passed by Congress and become law.

So far, Obama's tax plan is being looked at skeptically by both Democrats and Republicans and therefore may not pass at all.

"We are going to try to figure out how to make our income $249,999.00," she said.

"We have to find a way out where we can make just what we need to just under the line so we can benefit from Obama's tax plan," she added. "Why kill yourself working if you're going to give it all away to people who aren't working as hard?"

Dr. Sharon Poczatek, who runs her own dental practice in Boulder, Colo., said that she too is trying to figure out ways to get out of paying the taxes proposed in Obama's plan.

"I've put thought into how to get under $250,000," said Poczatek. "It would mean working fewer days which means having fewer employees, seeing fewer patients and taking time off."

"Generally it means being less productive," she said.

"The motivation for a lot of people like me - dentists, entrepreneurs, lawyers - is that the more you work the more money you make," said Poczatek. "But if I'm going to be working just to give it back to the government -- it's de-motivating and demoralizing."


http://abcnews.go.com/Business/Economy/story?id=6975547&page=1

Yes, tax me 100% on what I make past $250k instead of an additional 3%!

[midwestjeff]

I like it when rich people think that people who
make less than them are not working as hard as they do.

It's cute.

[britneypablo]

I like it when rich people think that people who
make less than them are not working as hard as they do.

It's cute.

<font color="deeppink"> wealthy people know we are working just as hard, usually they know us poors are working much harder....they just know we are not working as smart as them

[midwestjeff]

<font color="deeppink"> wealthy people know we are working just as hard, usually they know us poors are working much harder....they just know we are not working as smart as them

Did you read the article?
I was directly referencing a quote from the lawyer cunt.

[sr71blackbird]

These tax plans will hurt the people who risk their income to own a business. This will in turn effect us, as employees of those risk takers. To stimulate economic growth, the risk takers should be rewarded for taking that risk in the form of a tax break. No one who is used to making 250K a year will want to make less. They will sacrifice expeditures to keep that lifestyle. You and me are these expeditures.

[boosterp]

I empathize with these people, Why, when I am already taxed the shit out of would I want to be taxed more when I worked so hard through school and the business world to contribute to more social programs?

[scottinnj]

What a bunch of dummies


"[T]o focus keeping your income below a quarter million dollars is not going to have any spectacular magic for individual tax payers," said Schatsky. "The difference between $249,999 and $251,000 will probably have zero tax impact."



Duh

[britneypablo]

Did you read the article?
I was directly referencing a quote from the lawyer cunt.

<font color="deeppink"> yes...and i know the continuation of my response with still not sound logical.....but i still stand firm in my comment that they know they work smarter....and that sayin that they work harder was in reference that it takes more mental effort and risk which often can be thought of working harder than someone who is just told to fold a shirt, file a paper, push a cart, and whatever else physically taxing job we might have....i dunno i probably am not makin sense bc im not good with the words and things which is why i am poors too

[boosterp]

What a bunch of dummies




Duh

"I've put thought into how to get under $250,000," said Poczatek. "It would mean working fewer days which means having fewer employees, seeing fewer patients and taking time off."

Duh

[Gvac]

The main problem with this proposal, as I've stated before, is that it assumes that 250K is the same all over the U.S. This is obviously not the case.

Someone earning that money in New York City is nowhere near as wealthy as someone with the identical salary in Arkansas.

[britneypablo]

What a bunch of dummies




Duh

<font color="deeppink"> the impact of the tax might be very little, but earning a couple thousand less can mean a lot more leisure time over the year for the owner of the business....that kinda of time is worth a lot more money than what they are actually saving on taxes....but im sure a any news article that wants an abundant amount of readers will fail to show that perspective, as that the media makes their money on appealing to the masses and the masses arent rich

[Syd]

These tax plans will hurt the people who risk their income to own a business. This will in turn effect us, as employees of those risk takers. To stimulate economic growth, the risk takers should be rewarded for taking that risk in the form of a tax break. No one who is used to making 250K a year will want to make less. They will sacrifice expeditures to keep that lifestyle. You and me are these expeditures.

To stimulate economic growth, the risk takers need to have people who can purchase goods or services. When you raise taxes or reduce services for the middle class, you have less people able to purchase goods.

Anyway, the point of the story is that the people quoted are wildly stupid and don't understand progressive taxation and are instead suffering from an extreme case of entitlement.

[TooLowBrow]

this lady' kids:: 'Wow, mom! You're gonna be home more? Is it cause you love us so much?'
lawyer lady:: 'No, no honey. This is just because mommy hates taxes'

[britneypablo]

To stimulate economic growth, the risk takers need to have people who can purchase goods or services. When you raise taxes or reduce services for the middle class, you have less people able to purchase goods.

Anyway, the point of the story is that the people quoted are wildly stupid and don't understand progressive taxation and are instead suffering from an extreme case of entitlement.

<font color="deeppink"> its always hard to tell when the people quoted are wildly stupid, or if the wildly stupid quoted the people.....
i dunno why but i always give the benefit to the people being quoted

[~Katja~]

personally I think they should look at and change tax rates not just based on family income but also on a state by state basis, as the cost of living on east and west coast and major cities are usually way higher and income follows suit to afford (or barely afford) living in these areas.

I do think that people saying they would try to make less money just not to be taxed more on anything over 250k are really selfish and greedy. Would I love to make that much money??? Sure who wouldn't... at the same time I would not mind giving back more if I was at a point in my life where I am as wealthy as that.

[Syd]

<font color="deeppink"> its always hard to tell when the people quoted are wildly stupid, or if the wildly stupid quoted the people.....
i dunno why but i always give the benefit to the people being quoted

progressive taxation is as follows (using arbitrary numbers)

from 0-10k that income is taxed 5%

for 10k to 20k that income is taxed 10%

from 20k to 50k that income is taxed 15%

it's not if you make 10k, you are taxed 5% but if you make 10,0001 you're taxed 10%, only that $1 is taxed 10%

and this is the crux of why the top 1% have fooled the public regarding taxes

edit:
also just to note, obama is proposing an increase from 36% to 39% for income above $250k

yes, 3%

[boosterp]

To stimulate economic growth, the risk takers need to have people who can purchase goods or services. When you raise taxes or reduce services for the middle class, you have less people able to purchase goods.

Anyway, the point of the story is that the people quoted are wildly stupid and don't understand progressive taxation and are instead suffering from an extreme case of entitlement.

Are you that stupid? Entitlement? Of course, it's their money and they are entitled to it just as you are entitled to yours.

[Syd]

Are you that stupid? Entitlement? Of course, it's their money and they are entitled to it just as you are entitled to yours.

if they don't want to pay slightly higher taxes then they're not entitled to place the burden that capitalism is on the lower class

[midwestjeff]

Are you that stupid? Entitlement? Of course, it's their money and they are entitled to it just as you are entitled to yours.

If they live here, and I live here, then isn't it our money?

http://barfblog.foodsafety.ksu.edu/uploads/image/spicoli.jpg

[scottinnj]

<font color="deeppink"> the impact of the tax might be very little, but earning a couple thousand less can mean a lot more leisure time over the year for the owner of the business....that kinda of time is worth a lot more money than what they are actually saving on taxes....but im sure a any news article that wants an abundant amount of readers will fail to show that perspective, as that the media makes their money on appealing to the masses and the masses arent rich

The owner of the business by cutting his/her salary to get under the tax bracket does not translate into more leisure time at home. The pay may be reduced but the workload is still going to be the same.

[FezsAssistant]

progressive taxation is as follows (using arbitrary numbers)

from 0-10k that income is taxed 5%

for 10k to 20k that income is taxed 10%

from 20k to 50k that income is taxed 15%

it's not if you make 10k, you are taxed 5% but if you make 10,0001 you're taxed 10%, only that $1 is taxed 10%

and this is the crux of why the top 1% have fooled the public regarding taxes

edit:
also just to note, obama is proposing an increase from 36% to 39% for income above $250k

yes, 3%

So people should be happy they're ONLY being taxed 39%?
4 out of every ten of their dollars goes to the government for more waste.
That's kind of a big deal, especially if the family has a few kids or lives in NYC.
Or even if they don't. Our government is out of control and getting worse by the day.

[scottinnj]

I hate paying taxes. I hate the idea of taxes going up on anybody, no matter what their income is.

Spending cuts across the board should be done before citizen's taxes go up.

Having said that.....people who are actually looking at ways to cut their pay while still doing the same amount of work are just plain dumb.

[Fatwreck86]

I disagree......Cat shit

[Syd]

So people should be happy they're ONLY being taxed 39%?
4 out of every ten of their dollars goes to the government for more waste.
That's kind of a big deal, especially if the family has a few kids or lives in NYC.
Or even if they don't. Our government is out of control and getting worse by the day.

they're only being taxed 39% on what they make beyond $250k, for a 3% increase

so they're paying an extra $10k now on that income if they're making $500k

not exactly a lot, and the people making $500k are above the top 1% of income earners in the US:

INCOME GROUPS IN THE U.S.
Median — $25,076
Top 10% — $87,334
Top 5% — $120,212
Top 1% — $277,983
Top 0.5% — $397,949
Top 0.1% — $1,134,849
Top 0.01% — $5,349,795

[boosterp]

if they don't want to pay slightly higher taxes then they're not entitled to place the burden that capitalism is on the lower class

Of the masses not of the few right? Therefore, why should we only tax the hell out of the few? Why would I want 4 of 10 dollars going to the government when I went to 6-8 years of school, internships, etc. paying back student loans over 10 years, paying malpractice insurance, taking care of employees, etc. They earn their money just as you and I, then by that logic we should also have our taxes increased by 3%.

[meanmrbill]

I empathize with these people, Why, when I am already taxed the shit out of would I want to be taxed more when I worked so hard through school and the business world to contribute to more social programs?

I think a caller said the same thing on Rush's show today. Oh, wait, that's what the callers say every day on Rush's show.

[Syd]

Of the masses not of the few right? Therefore, why should we only tax the hell out of the few? Why would I want 4 of 10 dollars going to the government when I went to 6-8 years of school, internships, etc. paying back student loans over 10 years, paying malpractice insurance, taking care of employees, etc. They earn their money just as you and I, then by that logic we should also have our taxes increased by 3%.

preaching to the choir, i'd prefer it if everyone's taxes were raised so that there would be universal healthcare and socialized energy generation

[meanmrbill]

yes...and i know the continuation of my response with still not sound logical.....but i still stand firm in my comment that they know they work smarter....and that sayin that they work harder was in reference that it takes more mental effort and risk which often can be thought of working harder than someone who is just told to fold a shirt, file a paper, push a cart, and whatever else physically taxing job we might have....i dunno i probably am not makin sense bc im not good with the words and things which is why i am poors too


No, you're not.

[boosterp]

I think a caller said the same thing on Rush's show today. Oh, wait, that's what the callers say every day on Rush's show.

I don't listen to Rush or any other conservative talk show because I am educated enough to form my own opinions.

[midwestjeff]

preaching to the choir, i'd prefer it if everyone's taxes were raised so that there would be universal healthcare and socialized energy generation

Syd, not to be too forward, but

I want to fuck you so bad right now.

[boosterp]

preaching to the choir, i'd prefer it if everyone's taxes were raised so that there would be universal healthcare and socialized energy generation

I retract my "stupid" posting on the prior page.

[meanmrbill]

I empathize with these people, Why, when I am already taxed the shit out of would I want to be taxed more when I worked so hard through school and the business world to contribute to more social programs?


I think a caller said the same thing on Rush's show today. Oh, wait, that's what the callers say every day on Rush's show.

I don't listen to Rush or any other conservative talk show because I am educated enough to form my own opinions.


http://i56.photobucket.com/albums/g174/meanmrbill/377542826CyIpBn_ph.jpg

:tongue:

[boosterp]

http://i56.photobucket.com/albums/g174/meanmrbill/377542826CyIpBn_ph.jpg

:tongue:

:down:

[keithy_19]

:down:

:sad:

[midwestjeff]

I don't get it.

The fish picture, I mean.

[Recyclerz]

Maybe if Dr. Sharon Poczatek spent a little more time on her patients (and less worrying about her cash) she would have better ratings

http://www.ratemds.com/filecache/doctor-ratings.jsp?did=20753
(to be fair, ignore the ratings from today)

and may not have gotten busted by her Board of Review:

Poczatek, Sharon Bonnie D.D.S. Boulder, CO License #105193
On August 28, 2007, a Stipulation and Final Agency Order was issued for violation of 12-35-129(1)(k) and (z) C.R.S. Dr. Poczatek agreed to interim cessation of practice, remedial education (completed on effective date of Stipulation), probation for two years and practice monitoring for two years.

www.dora.state.co.us/dental/complaints/CurrrentBoardActions.pdf


I loves the Google. :smile:


And I agree with Syd's analysis of the likely economic effects of Obama's tax proposals on the upper middle and upper classes - ie. very little. Unless they have a strong desire for leisure time (or a desire to be on Limbaugh's show), the additional taxes won't be a very big disincentive to work more. Is it fair? Maybe or maybe not, but the political process is how we sort these things out in this country.

[high fly]

President Barack Obama's tax proposal - which promises to increase taxes for those families with incomes of $250,000 or more -- has some Americans brainstorming ways to decrease their pay, even if it's just by a dollar.

A 63-year-old attorney based in Lafayette, La., who asked not to be named, told ABCNews.com that she plans to cut back on her business to get her annual income under the quarter million mark should the Obama tax plan be passed by Congress and become law.

So far, Obama's tax plan is being looked at skeptically by both Democrats and Republicans and therefore may not pass at all.

"We are going to try to figure out how to make our income $249,999.00," she said.

"We have to find a way out where we can make just what we need to just under the line so we can benefit from Obama's tax plan," she added. "Why kill yourself working if you're going to give it all away to people who aren't working as hard?"

Dr. Sharon Poczatek, who runs her own dental practice in Boulder, Colo., said that she too is trying to figure out ways to get out of paying the taxes proposed in Obama's plan.

"I've put thought into how to get under $250,000," said Poczatek. "It would mean working fewer days which means having fewer employees, seeing fewer patients and taking time off."

"Generally it means being less productive," she said.

"The motivation for a lot of people like me - dentists, entrepreneurs, lawyers - is that the more you work the more money you make," said Poczatek. "But if I'm going to be working just to give it back to the government -- it's de-motivating and demoralizing."




I can't help but think these two nincompoops are actually Joe the Plumber and James Dale Guckert....


And for the glassy-eyed zombies out there, the tab has to be paid, so who should pay it, those making over 250K or those making under 250K, hmmmm?
(To make it easier, I will remind you that before Bush re-installed the tax cuts for the rich at the old tax rate, the rich did just fine in the 90s and didn't go doing what all the right-wing pundits are threatening of late.)