How much do you save on Taxes under Obamas plan ? - Page 5 - Corvette Forum : DigitalCorvettes.com Corvette Forums
 
 
Go Back   Corvette Forum : DigitalCorvettes.com Corvette Forums > Other Discussions/Topics > Stingray's "Bad Shark" Lounge
Register Forums Garage Garage Mark Forums Read Auto EscrowInsurance Advertise

Notices

Stingray's "Bad Shark" Lounge Welcome to our seriously OFF TOPIC discussion forum section! Open 24-hours a day since 2003.

Shops/Tuners
Custom Image Corvettes
A&A Corvette
Corvette tuner

Interior
Corvette aftermarket products

Insurance



Parts & Products
Race Ramps
Edelbrock
ATI/Procharger
Corvetteguys.com
Melrose Motorsports
Parts Taxi
Airaid
Pfadt Racing
Madvette Motorsports
Hi-tech Custom Concepts
Corvette Garage
Corvette Parts and Accessories
Corvette Car Care Products
Corvette HID

Tracks/Schools
Bob Bondurant School of High Performance Driving
Corvette driving school

Wheels/Tires
Cray Wheels

Services
BADWERKS.com
Reply
 
Thread Tools
Old 10-21-2008, 06:48 PM   #61
grumpyvette
DC Pit Crew
 
grumpyvette's Avatar
 
Posts: 8,438
Member #1106
Member since: Jun 2003
Location: lox fla

My Corvette(s)
retired engineer, engine builder, racer 1985.1992.1996 cpes

Thanks: 122
Thanked 601 Times in 417 Posts
Quote:
Originally Posted by fieldskr View Post


Federal Sales Tax. Leave my income alone and tax me on what "I Choose" to consume.
ID BE VERY MUCH IN FAVOR OF THAT IF THEY INCLUDED PROPERTY TAXES ALSO, BEING COVERED BY THE NATIONAL SALES TAX

PROPERTY TAXES ARE NOTHING BUT EXTORTION, the local governments basically saying, youve worked hard and own something of value.....give us a percentage of its value every year or we will just confiscate it!, at least with a SALES TAX youve got some control and the more you spend the more taxes you pay, with property taxes you spend your life aquiring a nice home while you work and income is higher, but you retire, income tends to drop but the taxes steadly increase due to inflation,and increased property values, basically forcing you to evenually sell your dream home if it goes on long enought, and if you do sell they tell you you had a profit and pay income taxes on an increased value you generally can,t fully collect on.
grumpyvette is offline   Reply w/quote Quick reply to this message
IF YOU CAN,T SMOKE THE TIRES AT WILL,FROM A 60 MPH ROLLING START YOUR ENGINE NEEDS MORE WORK!!"!
IF YOU CAN , YOU NEED BETTER TIRES AND YOUR SUSPENSION NEEDS MORE WORK!!
Sponsored Links
Advertisement
 
Old 10-22-2008, 04:53 AM   #62
dustoff529
 
Posts: 276
Member #71624
Member since: Mar 2008

Thanks: 0
Thanked 0 Times in 0 Posts
Trend

There is a school of thought that States would follow suit in adopting the Fair Tax... That idea ahs already been floated in Georgia.
dustoff529 is offline   Reply w/quote Quick reply to this message
Old 10-22-2008, 08:49 AM   #63
Vette_Newb
Account Disabled.
 
Vette_Newb's Avatar
 
Posts: 31,366
Member #6180
Member since: Dec 2003
Location: Bananastan

My Corvette(s)
1989 L98 Coupe

Thanks: 1,059
Thanked 795 Times in 634 Posts
It would take a full out revolution to do it. Not going to happen.



Vette_Newb is offline   Reply w/quote Quick reply to this message
Old 10-22-2008, 09:18 AM   #64
the machine
Account Disabled.
 
the machine's Avatar
 
Posts: 9,760
Member #67421
Member since: Nov 2007

My Corvette(s)
1966 Big Block Vert, 2008 Z06, 1969 435 , 1959 vert. Non vette ...2011 CTS-V wgn, 2014 silverado

Thanks: 108
Thanked 113 Times in 100 Posts
As I have said many times before I am also a business owner. Under Obama's tax plan I will pay more taxes personaly. I am OK with that. I do not take it as a redistribution of wealth but as paying for taking better advantage of the things this country has to offer.
I will also be hiring more people if Obama is elected. My least predictable expense these days is what I contribute to health insurance. I guess that is not realy true since I can predict that every year it will double, unless I give my guys less coverage. I will not give my guys less coverage because that is one of the things that attracts employees to my company. I can think of 4 employees right now that came to our company when thier former copmpany cut coverage to deal with increased costs.
Today I get a write off for what I pay in health insurance premiums. Under McCains plan I will loose that write off and my employees will pay taxes on the value of thier insurance that I pay. That would mean that they will suffer from higher taxes for working for me because I pay more than other companies for them. And I will be penalized for paying for health insurance by paying for it in after tax dollars.
Obama's plan would give me back 50% of what I pay in health benifits. As Grumpy explained so well this would reduce the cost of my employees and I would be able to hire more and make more money off of their work. I may pay a few more dollars in after expense taxes but I would have considerable more money with which to pay that slightly higher tax.
In the end I don't sweat the rate of taxes that I pay. I take it as a nessecary evil and move on. I look at what I have at the end of the year, not what I would have had. I do just fine when I look at it that way, and I live very well. It would bother me much more to see my children and my grandchildren inherit my debts because I wanted to save a few more dollars on my taxes every year.
When the Republicans stop spending like drunken sailors, I will complain when the Democrats raise my taxes. But in my life I have seen our national debt go up and up under Republican rule and Democrats have done the work to reduce that debt...only to have a much worse Republican come into power and put us even deeper in a hole. When you social conservatives start to understand that this is not right( neither correct nor conservative) we republicans may once again earn the right to run this country. In the mean time we can only win through deception of our counterparts and self deception, and that is just not good for the country.
the machine is offline   Reply w/quote Quick reply to this message
Welcome to the Machine......
Old 10-22-2008, 09:49 AM   #65
blckslvr79
 
blckslvr79's Avatar
 
Posts: 19,476
Member #67576
Member since: Nov 2007
Location: Schererville, IN

My Corvette(s)
1979 L82 4speed

Thanks: 883
Thanked 307 Times in 256 Posts
Quote:
Originally Posted by the machine View Post
As I have said many times before I am also a business owner. Under Obama's tax plan I will pay more taxes personaly. I am OK with that. I do not take it as a redistribution of wealth but as paying for taking better advantage of the things this country has to offer.
I will also be hiring more people if Obama is elected. My least predictable expense these days is what I contribute to health insurance. I guess that is not realy true since I can predict that every year it will double, unless I give my guys less coverage. I will not give my guys less coverage because that is one of the things that attracts employees to my company. I can think of 4 employees right now that came to our company when thier former copmpany cut coverage to deal with increased costs.
Today I get a write off for what I pay in health insurance premiums. Under McCains plan I will loose that write off and my employees will pay taxes on the value of thier insurance that I pay. That would mean that they will suffer from higher taxes for working for me because I pay more than other companies for them. And I will be penalized for paying for health insurance by paying for it in after tax dollars.
Obama's plan would give me back 50% of what I pay in health benifits. As Grumpy explained so well this would reduce the cost of my employees and I would be able to hire more and make more money off of their work. I may pay a few more dollars in after expense taxes but I would have considerable more money with which to pay that slightly higher tax.
In the end I don't sweat the rate of taxes that I pay. I take it as a nessecary evil and move on. I look at what I have at the end of the year, not what I would have had. I do just fine when I look at it that way, and I live very well. It would bother me much more to see my children and my grandchildren inherit my debts because I wanted to save a few more dollars on my taxes every year.
When the Republicans stop spending like drunken sailors, I will complain when the Democrats raise my taxes. But in my life I have seen our national debt go up and up under Republican rule and Democrats have done the work to reduce that debt...only to have a much worse Republican come into power and put us even deeper in a hole. When you social conservatives start to understand that this is not right( neither correct nor conservative) we republicans may once again earn the right to run this country. In the mean time we can only win through deception of our counterparts and self deception, and that is just not good for the country.
Your entitled to your opinion, I'll respect that, but would you stop calling yourself a Republican???? If you look at your views on taxes, healthcare, and governement intervention in our lives, you clearly are not.
blckslvr79 is offline   Reply w/quote Quick reply to this message
I'm taking care of my procrastination issues, just you wait and see.
Old 10-22-2008, 09:58 AM   #66
Scoob
 
Posts: 443
Member #64555
Member since: Sep 2007

Thanks: 0
Thanked 0 Times in 0 Posts
Quote:
Originally Posted by the machine View Post
In the end I don't sweat the rate of taxes that I pay.
You are a true patriot.
Scoob is offline   Reply w/quote Quick reply to this message
Old 10-22-2008, 10:09 AM   #67
Barney 5
DC Crew
 
Barney 5's Avatar
 
Posts: 4,328
Member #60583
Member since: May 2007
Location: Standing on a corner in Prescott Arizona

My Corvette(s)
'92 coupe, and it's RED!

Thanks: 0
Thanked 1 Time in 1 Post
Quote:
Originally Posted by blckslvr79 View Post
Your entitled to your opinion, I'll respect that, but would you stop calling yourself a Republican???? If you look at your views on taxes, healthcare, and governement intervention in our lives, you clearly are not.
Yeah. What you said! My thoughts exactly.
Barney 5 is offline   Reply w/quote Quick reply to this message
2012: "Hoping" for "Change".
Old 10-22-2008, 10:29 AM   #68
Vette_Newb
Account Disabled.
 
Vette_Newb's Avatar
 
Posts: 31,366
Member #6180
Member since: Dec 2003
Location: Bananastan

My Corvette(s)
1989 L98 Coupe

Thanks: 1,059
Thanked 795 Times in 634 Posts
Quote:
Originally Posted by blckslvr79 View Post
Your entitled to your opinion, I'll respect that, but would you stop calling yourself a Republican???? If you look at your views on taxes, healthcare, and governement intervention in our lives, you clearly are not.
Alot of those running around now days. I guess the Alinzky model is being followed everywhere, infiltrate and defeat from within.



Vette_Newb is offline   Reply w/quote Quick reply to this message
Old 10-22-2008, 11:23 AM   #69
blckslvr79
 
blckslvr79's Avatar
 
Posts: 19,476
Member #67576
Member since: Nov 2007
Location: Schererville, IN

My Corvette(s)
1979 L82 4speed

Thanks: 883
Thanked 307 Times in 256 Posts
Quote:
Originally Posted by Vette_Newb View Post
Alot of those running around now days. I guess the Alinzky model is being followed everywhere, infiltrate and defeat from within.
Sounds like Obama's candidacy!
blckslvr79 is offline   Reply w/quote Quick reply to this message
I'm taking care of my procrastination issues, just you wait and see.
Old 10-22-2008, 11:25 AM   #70
Scoob
 
Posts: 443
Member #64555
Member since: Sep 2007

Thanks: 0
Thanked 0 Times in 0 Posts
Quote:
Originally Posted by the machine View Post
As ...Obama's tax ... I do not take it as a redistribution of wealth

Color it however you want, but at the end of the day it is wealth redistribution.
Scoob is offline   Reply w/quote Quick reply to this message
Old 10-22-2008, 11:56 AM   #71
blckslvr79
 
blckslvr79's Avatar
 
Posts: 19,476
Member #67576
Member since: Nov 2007
Location: Schererville, IN

My Corvette(s)
1979 L82 4speed

Thanks: 883
Thanked 307 Times in 256 Posts
Quote:
Originally Posted by Scoob View Post
Color it however you want, but at the end of the day it is wealth redistribution.
Just makes it easier for him to swallow the Kool-Aid.
blckslvr79 is offline   Reply w/quote Quick reply to this message
I'm taking care of my procrastination issues, just you wait and see.
Old 10-22-2008, 02:14 PM   #72
the machine
Account Disabled.
 
the machine's Avatar
 
Posts: 9,760
Member #67421
Member since: Nov 2007

My Corvette(s)
1966 Big Block Vert, 2008 Z06, 1969 435 , 1959 vert. Non vette ...2011 CTS-V wgn, 2014 silverado

Thanks: 108
Thanked 113 Times in 100 Posts
Quote:
Originally Posted by blckslvr79 View Post
Your entitled to your opinion, I'll respect that, but would you stop calling yourself a Republican???? If you look at your views on taxes, healthcare, and governement intervention in our lives, you clearly are not.
Next you will be telling me that I can't call myself an american. My beliefs are way more toward the original beliefs of the republican party than you may want to admit, but as I have stated I am a member of the republican party. I was elected as mayor as a republican and I am involved in the republican club of my town. I am very much in line with, and a member of It's My Party Too, which was started by NJ's very own Christie Tod Whitman. As you may know IMPT works very hard to bring the republican party away from this devisive social conservatism and more toward the original intent of fiscal conservativism. If you care to look into my posts more carefully I think that you will find that I abhore larger government and government spending. I believe very much that the government should be involved in our lives as little as possible. The problem is that the republicans that we have had of late increase government size and spending like the best of democrats. I can not abide that no matter what party you call yourself from.

I think that this gets to the very matter of the problem with the republican party today. They choose to devide rather than unite. You tell me that I have no right to call myself a republican others say that we should exclude gays, others even go as far as to say that if you don't agree with the president you are not an american. And now that Colin Powell, one of our greatest republicans, has shown the exact sentiment that I have been showing, he is now cast aside as someone who chose on the basis of race rather than the content of Obama's candidacy. This is wrong. The republican party used to be a party of inclusion. They used to say that if you have different ideas we will listen. Ronald Reagan's idea of tricle down economics was a new and bold idea that the republican party embraced. The fact that it doesn't work isn't Reagans fault but the fault of people who Reagen would have never been able to conceive of, people who don't give a shit about the country that they live in. People who don't mind destroying the economy of this country by sending their money and jobs overseas to make a few more pennies. These people wrap themselves in the flag and shout republican slogans, but have no idea what it is to be a true patriot.

Before you decide to cast people like me and General Powell out of the party, try looking in and see if the republican party is actualy doing what they have been promoting. Then get back to me. Peace brother (and we are more brothers than you imagine).
the machine is offline   Reply w/quote Quick reply to this message
Welcome to the Machine......
Old 10-22-2008, 02:20 PM   #73
the machine
Account Disabled.
 
the machine's Avatar
 
Posts: 9,760
Member #67421
Member since: Nov 2007

My Corvette(s)
1966 Big Block Vert, 2008 Z06, 1969 435 , 1959 vert. Non vette ...2011 CTS-V wgn, 2014 silverado

Thanks: 108
Thanked 113 Times in 100 Posts
Quote:
Originally Posted by Vette_Newb View Post
Alot of those running around now days. I guess the Alinzky model is being followed everywhere, infiltrate and defeat from within.
Yes just as the socialy conservative democrats have done to the republican party.
the machine is offline   Reply w/quote Quick reply to this message
Welcome to the Machine......
Old 10-22-2008, 02:44 PM   #74
blckslvr79
 
blckslvr79's Avatar
 
Posts: 19,476
Member #67576
Member since: Nov 2007
Location: Schererville, IN

My Corvette(s)
1979 L82 4speed

Thanks: 883
Thanked 307 Times in 256 Posts
Quote:
Originally Posted by the machine View Post
Next you will be telling me that I can't call myself an american. My beliefs are way more toward the original beliefs of the republican party than you may want to admit, but as I have stated I am a member of the republican party. I was elected as mayor as a republican and I am involved in the republican club of my town. I am very much in line with, and a member of It's My Party Too, which was started by NJ's very own Christie Tod Whitman. As you may know IMPT works very hard to bring the republican party away from this devisive social conservatism and more toward the original intent of fiscal conservativism. If you care to look into my posts more carefully I think that you will find that I abhore larger government and government spending. I believe very much that the government should be involved in our lives as little as possible. The problem is that the republicans that we have had of late increase government size and spending like the best of democrats. I can not abide that no matter what party you call yourself from.

I think that this gets to the very matter of the problem with the republican party today. They choose to devide rather than unite. You tell me that I have no right to call myself a republican others say that we should exclude gays, others even go as far as to say that if you don't agree with the president you are not an american. And now that Colin Powell, one of our greatest republicans, has shown the exact sentiment that I have been showing, he is now cast aside as someone who chose on the basis of race rather than the content of Obama's candidacy. This is wrong. The republican party used to be a party of inclusion. They used to say that if you have different ideas we will listen. Ronald Reagan's idea of tricle down economics was a new and bold idea that the republican party embraced. The fact that it doesn't work isn't Reagans fault but the fault of people who Reagen would have never been able to conceive of, people who don't give a shit about the country that they live in. People who don't mind destroying the economy of this country by sending their money and jobs overseas to make a few more pennies. These people wrap themselves in the flag and shout republican slogans, but have no idea what it is to be a true patriot.

Before you decide to cast people like me and General Powell out of the party, try looking in and see if the republican party is actualy doing what they have been promoting. Then get back to me. Peace brother (and we are more brothers than you imagine).
I've read your posts, pre and post vacation. I've seen enough of your comments to know what your all about.

You are correct that the Republican Party is not what it once was. I'll agree there. The problem with today's Republican party is they are like you. They bend in the wind to find immeadiate resolve and fail to fight for what is right. The current party leaders continue to bend over to the socialist libs. Your idea that the party is not inclusive and chooses to divide is non-sense. A liberal talking point! Your description sounds more like the Dem party to me. Your belief in high taxes and spreading the wealth are completely non-Republican, in fact socialist. Collin Powell and yourself are true Republican heros, sure thing. Instead of supporting the cause and trying to rectify the situation, you both choose to abondon your party, bash their membership, support the opponents, but still call yourself a Republican. Either you are pulling our chains trolling for an arguement about what a true Republican is or your a liberal in sheeps clothing. You sir are very conflicted and in denial. Sorry to tell you brother, you are not a Republican. You are not a Republican of old or of new. You are conservative liberal at best.

Denial is the first objection to overcome. Admit your actually a Socialist Democrat . We are all here to help and support you.

blckslvr79 is offline   Reply w/quote Quick reply to this message
I'm taking care of my procrastination issues, just you wait and see.
Old 10-22-2008, 02:47 PM   #75
the machine
Account Disabled.
 
the machine's Avatar
 
Posts: 9,760
Member #67421
Member since: Nov 2007

My Corvette(s)
1966 Big Block Vert, 2008 Z06, 1969 435 , 1959 vert. Non vette ...2011 CTS-V wgn, 2014 silverado

Thanks: 108
Thanked 113 Times in 100 Posts
Why not go here and educate yourself.

http://www.republican-leadership.com/

Then you can call me a commie pinko etc.
the machine is offline   Reply w/quote Quick reply to this message
Welcome to the Machine......
Sponsored Links
Advertisement
 
Reply

Quick Reply
Message:
Options

Register Now

In order to be able to post messages on the Corvette Forum : DigitalCorvettes.com Corvette Forums forums, you must first register.
Please enter your desired user name (12 CHARACTERS MAXIMUM), your email address and other required details in the form below.
User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.
Password:
Confirm Password:
Email Address
Please enter a valid email address for yourself.
Email Address:
City / State / Country?
Where you live
What kind of Corvette(s) do you own?
This field is not required.
Insurance
Please select your insurance company (Optional)

Log-in


Thread Tools

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Bush's secret DRAFT plan revealed! VPRSNAK News Room 8 10-28-2004 03:34 PM
3rd Dabate tonight...Will Kerry win again? 84 GRANDSPORT News Room 63 10-15-2004 01:52 AM
Kerry's expensive campaign promises: Vette_Newb News Room 37 10-10-2004 07:16 PM
The Kerry Plan: Vette_Newb News Room 14 10-03-2004 10:01 AM
New Swift Vets Ad (released 9/17) leozrada News Room 63 09-28-2004 05:25 AM

Powered by vBadvanced CMPS v3.2.2

All times are GMT -6. The time now is 09:52 AM.




Powered by vBulletin® Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
Garage Plus vBulletin Plugins by Drive Thru Online, Inc.
vBulletin Security provided by vBSecurity v2.2.2 (Pro) - vBulletin Mods & Addons Copyright © 2019 DragonByte Technologies Ltd.
2003-2011, DigitalCorvettes.com - All Rights Reserved