The RetrieverTraining.Net Forums The Retriever Academy
Total Retriever Training with Mike Lardy
Hawkeye Media Gunners Up Tritronics Gun Dog Broker
Results 1 to 5 of 5

Thread: Fiscal Cliff

  1. #1
    Senior Member gmhr1's Avatar
    Join Date
    Feb 2004
    Location
    AZ
    Posts
    3,841

    Default Fiscal Cliff

    Jan 1 2013 this is some of what we can all look forward to unless obama gets this fixed he failed to even talk about it in his weekly speech

    Child care tax credit drops from $1000 to $500
    10% tax rate will jump to 15%, 25% to 28% 28% to 31%, 33% jumps to 36% 35% jumps to 39.6%
    Return of the marriage penalty tax
    Dividends will be taxed at ordinary income tax rates
    Employees social security payroll taxes increase from 4.2 to 6.2
    medicare payments to DR's fall by as much as 30%
    Extended unemployment benefits expire
    Alternative minimum tax will hit millions more people
    Top rate Capital gains taxes increase 15% to 20%
    Estate tax rate increases 35% to 55%
    $55 Billion cut from domestic programs
    $55 Billion cut from defense

    Chart of the health care taxes not included in above taxes
    http://blog.heritage.org/2012/09/30/...oming-in-2013/
    Last edited by gmhr1; 10-13-2012 at 10:03 AM.
    GMHR Riparian Bearly Behavin MH QAA (FC AFC Rebel with A Cause X AFC Bams Liberty Belle MH )
    GMHR Gadwalls Nightmare (MHR Tanglewood Iron Dago x Wind River Poppin Pepper)
    MHR Highlands Bearcat (FC AFC Suncrest Bear X GMHR Gadwalls Nightmare)
    Croppers Gold Dust (NAFC FC M D's Cotton Pick' N Cropper X Hunka Papas Chardonnay JH )

  2. #2
    Senior Member
    Join Date
    Jan 2003
    Location
    Oakdale,ct.
    Posts
    2,588

    Default

    Quote Originally Posted by gmhr1 View Post
    Jan 1 2013 this is some of what we can all look forward to unless obama gets this fixed he failed to even talk about it in his weekly speech

    Child care tax credit drops from $1000 to $500
    10% tax rate will jump to 15%, 25% to 28% 28% to 31%, 33% jumps to 36% 35% jumps to 39.6%
    Return of the marriage penalty tax
    Dividends will be taxed at ordinary income tax rates
    Employees social security payroll taxes increase from 4.2 to 6.2
    medicare payments to DR's fall by as much as 30%
    Extended unemployment benefits expire
    Alternative minimum tax will hit millions more people
    Top rate Capital gains taxes increase 15% to 20%
    Estate tax rate increases 35% to 55%
    $55 Billion cut from domestic programs
    $55 Billion cut from defense

    Chart of the health care taxes not included in above taxes
    http://blog.heritage.org/2012/09/30/...oming-in-2013/
    Obama CAN'T fix it. That ball is in the legislative branch's court. Call or write your Congressman and Senators if you're really concerned.

    If you're REALLY REALLY concerned, vote them out of office in November for not doing their job!-Paul
    there's no good reason to fatten up a retriever.

  3. #3
    Senior Member gmhr1's Avatar
    Join Date
    Feb 2004
    Location
    AZ
    Posts
    3,841

    Default

    Can Obama fix anything or is he just as he referred to himself "eye candy' Dont worry I already voted!

    the potential for an end-of-the-year uproar when some $109 billion in across-the-board spending cuts kick in unless OBAMA and Congress reach a deficit-reduction deal to avert them. Bush-era tax cuts also expire at year's end.

    President Obama is passively allowing us to go over a fiscal cliff.
    The cuts could slice some 48,000 federal workers from civilian defense jobs and 229,000 from federal jobs
    Last edited by gmhr1; 10-13-2012 at 04:09 PM.
    GMHR Riparian Bearly Behavin MH QAA (FC AFC Rebel with A Cause X AFC Bams Liberty Belle MH )
    GMHR Gadwalls Nightmare (MHR Tanglewood Iron Dago x Wind River Poppin Pepper)
    MHR Highlands Bearcat (FC AFC Suncrest Bear X GMHR Gadwalls Nightmare)
    Croppers Gold Dust (NAFC FC M D's Cotton Pick' N Cropper X Hunka Papas Chardonnay JH )

  4. #4
    Senior Member BonMallari's Avatar
    Join Date
    Feb 2008
    Location
    LV/CenTex/Idaho
    Posts
    12,048

    Default

    our legislators now play a game of brinksmanship, they wait for either a fiscal crisis or a deadline to leverage the minority opposition into submission..both sides do it..and the American public suffers
    All my Exes live in Texas

    Quote Originally Posted by lanse brown View Post
    A few things that I learned still ring true. "Lanse when you get a gift, say thank you and walk away. When you get a screwing walk away. You are going to get a lot more screwings than gifts"

  5. #5
    Senior Member gmhr1's Avatar
    Join Date
    Feb 2004
    Location
    AZ
    Posts
    3,841

    Default

    And if we re elect him we deserve what we get obama has showed us the change he wants for us and he has shown us the "real obama " shame on us if we take it.
    GMHR Riparian Bearly Behavin MH QAA (FC AFC Rebel with A Cause X AFC Bams Liberty Belle MH )
    GMHR Gadwalls Nightmare (MHR Tanglewood Iron Dago x Wind River Poppin Pepper)
    MHR Highlands Bearcat (FC AFC Suncrest Bear X GMHR Gadwalls Nightmare)
    Croppers Gold Dust (NAFC FC M D's Cotton Pick' N Cropper X Hunka Papas Chardonnay JH )

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •