1. I single-handedly saved the nation and have achieved tremendous things despite Republicans and the Tea Party trying to stop me.
2. ALL remaining problems including the Budget Deficit are the result of:
A) Republicans stonewalling all my brilliant ideas
B) Rich people being too stingy with money that belongs to every American
C) Wall Street making too much money that belongs to every American.
3. Everything is getting better (because of me) but we have a long road ahead.
Unfortunately roughly half the country would believe it if he said he could fly to Mars if he cared to and that he sh*ts magic cupcakes every morning.
(01-24-2012 10:37 AM)Eastside_J Wrote: Just so no one has to watch.
1. I single-handedly saved the nation and have achieved tremendous things despite Republicans and the Tea Party trying to stop me.
2. ALL remaining problems including the Budget Deficit are the result of:
A) Republicans stonewalling all my brilliant ideas
B) Rich people being too stingy with money that belongs to every American
C) Wall Street making too much money that belongs to every American.
3. Everything is getting better (because of me) but we have a long road ahead.
Unfortunately roughly half the country would believe it if he said he could fly to Mars if he cared to and that he sh*ts magic cupcakes every morning.
Don't forget "Anything bad that is happening is still mostly the fault of George Bush".
(01-24-2012 10:37 AM)Eastside_J Wrote: Just so no one has to watch.
1. I single-handedly saved the nation and have achieved tremendous things despite Republicans and the Tea Party trying to stop me.
2. ALL remaining problems including the Budget Deficit are the result of:
A) Republicans stonewalling all my brilliant ideas
B) Rich people being too stingy with money that belongs to every American
C) Wall Street making too much money that belongs to every American.
3. Everything is getting better (because of me) but we have a long road ahead.
Unfortunately roughly half the country would believe it if he said he could fly to Mars if he cared to and that he sh*ts magic cupcakes every morning.
if he did sh!t magic cupcakes i bet the lot of you would be chastising michelle about eating them!
Here is how bad this administration is....I didn't know and honestly don't much care that tonight is the State of the Union. I'll be watching an episode of Justified.
His crappy brand of busted leadership has beatten me down. He wins. I'm less politcal now than I have been in close to 30 years because I've finally figured out it doesn't matter.
(01-24-2012 11:19 AM)rath v2.0 Wrote: Here is how bad this administration is....I didn't know and honestly don't much care that tonight is the State of the Union. I'll be watching an episode of Justified.
His crappy brand of busted leadership has beatten me down. He wins. I'm less politcal now than I have been in close to 30 years because I've finally figured out it doesn't matter.
word up rath. politics as usual. with this fickle "what have you done for me lately" society, any change good or bad will just evaporate in the next cycle. unfortunately, elections don't run like washing machines. that could make for a nice political cartoon.
which leads me to an article i meant to post earlier
Billionaire Warren Buffett's longtime secretary will be joining first lady Michelle Obama in her box at tonight's State of the Union, White House communications director Dan Pfeiffer announced on Twitter.
Debbie Bosanek, who has worked for Buffett for nearly two decades, has become a symbol in the White House's fight over the tax code and economic fairness. Obama is expected to renew his push for the so-called "Buffett rule" that would bring investment taxation levels into line with income taxation levels — and ensure that upper income earners pay rates as high as middle-class Americans.
"Warren Buffett's secretary shouldn't pay a higher tax rate than Warren Buffett," President Obama said in September, when he unveiled his American Jobs Act proposal. It's a trope that Buffett himself has repeated, as he has campaigned for higher taxes on investment income.
It's common practice for presidents to invite guests to sit next to the first spouse that fit with the theme of their address — and Bosanek's presence is a big hint that the address will tilt heavily towards economic issues of fairness.
Annie Lowrey, writing in Slate, reports that Bosanek has traditionally been very wary of the limelight — acting as a gatekeeper to the billionaire investor, not as a newsmaker. While she does acts as the press liaison for Buffett and his company, she's tight-lipped. She reportedly once wore a t-shirt with the caption: "Hi, I'm Debbie B. Warren is not available, and I have no comment."
Quote: the so-called "Buffett rule" that would bring investment taxation levels into line with income taxation levels — and ensure that upper income earners pay rates as high as middle-class Americans.
yeah, that makes sense. :domokun: bite that hand that feeds you. buffett suffers from the romney attack, but he has a gentle smile. i don't have a problem with someone like bono using their money for whatever cause. i have a problem with a person of wealth using their influence to road map a country. "well warren buffett is one of the 1% and even he thinks he makes too much!"
now i just may be some run of the mill wealthy american tourist, but wouldn't his philanthropy be better served donating to universities, maybe art museums, fixing the crack on the washington monument, building the cincinnati streetcar, f*ck! what's up with all this global warming?! let's terraform mars!
can't believe i'm about to say this, but i prefer jimmy.
(01-24-2012 01:37 PM)SuperFlyBCat Wrote: Why not lower income taxes to the level of investment income as opposed to raising the investment income tax rate.
Because that would lower revenue significantly and drastically increase the debt. You would have to tie it in with significant spending cuts, but neither party has ever been able to agree on where those come from.
(01-24-2012 01:37 PM)SuperFlyBCat Wrote: Why not lower income taxes to the level of investment income as opposed to raising the investment income tax rate.
i know we're taxed pretty heavily, but what is the investment taxation level?
(01-24-2012 01:37 PM)SuperFlyBCat Wrote: Why not lower income taxes to the level of investment income as opposed to raising the investment income tax rate.
i know we're taxed pretty heavily, but what is the investment taxation level?
15% on Capital Gains, 25% if considered short term gain.
(01-24-2012 01:37 PM)SuperFlyBCat Wrote: Why not lower income taxes to the level of investment income as opposed to raising the investment income tax rate.
Because that would lower revenue significantly and drastically increase the debt. You would have to tie it in with significant spending cuts, but neither party has ever been able to agree on where those come from.
when a society is so fickle, and a government so fragmented, how can anything get done? we as a whole, are a clusterf*ck. but it really starts with the masses. jesus christ we're retarded. ron paul for dictator! when he dies we restore democracy! all hail dear leader rand. just kidding, i have faith in democracy. unfortunately not people and those two go hand in hand.
For example, less than 1 year held, capital gain is taxed as income at the regular tax rate. So I believe from like 10% to 35% depending on your tax bracket.
(This post was last modified: 01-24-2012 02:03 PM by rath v2.0.)
(01-24-2012 01:37 PM)SuperFlyBCat Wrote: Why not lower income taxes to the level of investment income as opposed to raising the investment income tax rate.
i know we're taxed pretty heavily, but what is the investment taxation level?
15% on Capital Gains, 25% if considered short term gain.
i see no problem with that. make some savvy people maybe first time investors.
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State of the Union
