obama s bracket | TrendyTwits
Expectations versus reality pensionNews Trends (blog)Most of us are very focused on capital growth to that point in May and did stop & # xe9; s to.
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Obama S Bracket
Obama S Bracket According to President Barack Obama's bracket, there's a 50 percent chance the national champion will come from the Sunflower State. U.S. President Barack Obama has a “standing offer” to join CBS for its telecast of ...
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Need a President Obama's? | Club Sea Breeze vacation
President Obamas intentions are public and on the record. Just like last season President Barack Obama is filling out a bracket for the mens tournament. President Obamas present was an elegantlybound exchange of letters between ...
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According to President Barack Obama's bracket, there's a 50 percent chance the national champion will come from the Sunflower State.
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Obama raising taxes on all of us po' folk - even on unemployment benefits?
Backdoor taxes to hit middle class By Terri Cullen Terri Cullen – Mon Feb 1, 4:09 pm ET NEW YORK (Reuters.com) --The Obama administration's plan to cut more than $1 trillion from the deficit over the next decade relies heavily on so-called backdoor tax increases that will result in a bigger tax bill for middle-class families. In the 2010 budget tabled by President Barack Obama on Monday, the White House wants to let billions of dollars in tax breaks expire by the end of the year -- effectively a tax hike by stealth. While the administration is focusing its proposal on eliminating tax breaks for individuals who earn $250,000 a year or more, middle-class families will face a slew of these backdoor increases. The targeted tax provisions were enacted under the Bush administration's Economic Growth and Tax Relief Reconciliation Act of 2001. Among other things, the law lowered individual tax rates, slashed taxes on capital gains and dividends, and steadily scaled back the estate tax to zero in 2010. If the provisions are allowed to expire on December 31, the top-tier personal income tax rate will rise to 39.6 percent from 35 percent. But lower-income families will pay more as well: the 25 percent tax bracket will revert back to 28 percent; the 28 percent bracket will increase to 31 percent; and the 33 percent bracket will increase to 36 percent. The special 10 percent bracket is eliminated. Investors will pay more on their earnings next year as well, with the tax on dividends jumping to 39.6 percent from 15 percent and the capital-gains tax increasing to 20 percent from 15 percent. The estate tax is eliminated this year, but it will return in 2011 -- though there has been talk about reinstating the death tax sooner. Millions of middle-class households already may be facing higher taxes in 2010 because Congress has failed to extend tax breaks that expired on January 1, most notably a "patch" that limited the impact of the alternative minimum tax. The AMT, initially designed to prevent the very rich from avoiding income taxes, was never indexed for inflation. Now the tax is affecting millions of middle-income households, but lawmakers have been reluctant to repeal it because it has become a key source of revenue. Without annual legislation to renew the patch this year, the AMT could affect an estimated 25 million taxpayers with incomes as low as $33,750 (or $45,000 for joint filers). Even if the patch is extended to last year's levels, the tax will hit American families that can hardly be considered wealthy -- the AMT exemption for 2009 was $46,700 for singles and $70,950 for married couples filing jointly. Middle-class families also will find fewer tax breaks available to them in 2010 if other popular tax provisions are allowed to expire. Among them: * Taxpayers who itemize will lose the option to deduct state sales-tax payments instead of state and local income taxes; * The $250 teacher tax credit for classroom supplies; * The tax deduction for up to $4,000 of college tuition and expenses; * Individuals who don't itemize will no longer be able to increase their standard deduction by up to $1,000 for property taxes paid; * The first $2,400 of unemployment benefits are taxable, in 2009 that amount was tax-free.
Why is Obama raising taxes on millions of middle class Americans despite campaign promises saying otherwise?
Obama to announce aid for middle class......... Or is it just a ploy to hold on to some majority in congress http://news.yahoo.com/s/ap/20100125/ap_on_bi_ge/us_obama_jobs 1)Doubling of the child care tax credit. 2)Caps on student loan payments 3)Aid for families taking care of elderly relatives. 4)The plan would also offer retirement savings options for workers who don't get an employer-based plan All it is, the EXTENSION of BUSH'S TAX CUTS.... http://thehill.com/homenews/house/77415-vulnerable-dems-want-extension-of-bush-tax-cuts If they were to expire: 1)Taxpayers with children will lose 50 percent of their child tax credits; 2) Low-income taxpayers will see the 10-percent tax bracket disappear, and they will have to pay taxes at the 15-percent rate; 3)Married taxpayers will see the marriage penalty return; 4)Tax rates will rise substantially in each tax bracket, some by 450 basis points;btw, English is my fourth language. Please answer the question & don't scrutinize my English
Obamas-aid for middle class or stem more losses of congressional seats in 2010?
...really poor?Will middle of the income bracket folks be affected??
Will Obama's "redistribution" of money plan affect someone who is not really rich and not...?
Has there ever been an American President who turned a budget surplus into a budget deficit after only one year in office except for George W Bush? America's economy was EXCELLENT throughout the Clinton administration. Oh yeah I remember, Bush gave out huge tax rebates and in flooding the general population with cash, common product prices increased. Also, tax rebates going back to the rich (where most of it did go) did not spur economic growth; you know why? Because the rich don't need tax rebates to expand – they're rich. This was just a bonus for the rich from Uncle Sam (actually Uncle Bush.) Has any sucker who wanted a tax rebate figured this out yet? That is that, tax rebates DO NOT spur economic growth? And that when you flood the economy with money prices of products simply go up? Prices on most commodities (stuff you buy in a store) remained steady throughout Clinton. During Bush prices went up. That's what flooding the economy with cash does. So, ultimately that extra cash is funneled toward the rich who are charging you higher prices. Did you figure it out yet? You didn't really get to keep that rebate sucker. (Do you now get the myth of lowering taxes? It doesn't help you. So why does the Republican Party keep pushing tax breaks? Because they know that the majority of their voter base, in the lower financial bracket, are suckers who will take the bait. Simultaneously, the party can keep its wealthy voter base happy. Tax breaks didn't stimulate the economy during Reagen either. Do you get it; you are being played.) Crude oil traded at an average of $22/barrel during Clinton. During Bush it hit a high of $146/barrel. Thanks to Bush for deregulating energy through FERC which made it possible for the price of oil to rise in parallel to electricity now that electricity could rise due to deregulation. Thanks Bush, for screwing America. But what is most insulting is that after Bush screwed you for four years you then actually gave him ANOTHER four years. Incredible! ----------------------------------------------------- (Some fanatic Republicans shall comment that we have a current high deficit because of Obama. But we know that this is a load of crap. Obama would not have had to borrow if Bush had not left him a mess. Anyway it was Bush who issued $700B in TARP money, before leaving office, for the bank bail-out which Obama did not rescind. Republicans should just be honest about it – Republicans vote Republican out of personal moral reasons and certainly not for economic reasons because as the Republican Party has demonstrated over the past eight years it is not good for the economy to vote Republican.)--THOR-- Prices go up when you flood the economy with cash (such as in the form of a rebate). Manufacturers and retailers know that there is more money floating around and they capitalize on it. Why didn't prices go up during Clinton? (It was the most steadily priced economy I had ever experienced.) On oil, yes futures contracts determine price. But why do you think that the price never spiked during Clinton? Were all the money-hungry oil investors just being nice? No. They couldn't raise prices too much because they would be competing with the regulated price or electricity. Once electricity was deregulated (by Bush) it became a free-for-all and the sky became the limit on energy pricing. I find it hard to believe that as an “economist” you are unable to grasp this concept. “The Bush tax cuts were very small”? Are you kidding? $1.5B the first round, and counting ever since. I think that you are axxagerating you job title of �Accounts Payable Clerk' to 'Economist'.--LISA-- In theory (in a classroom) tax cuts may grow business and create more jobs. In the real world it doesn't work that way. What is academically true is not necessarily true in the real world. I got a laugh from how you attribute Clinton's success to Reagan's administration. This would make even an old stuffy accountant in a back-room laugh. --WHY-- You are the only person, at the time of this additional note, who made any sense. Yes, Clinton disabled Glass Eagle in his last year. I agree with you that this was a poor decision despite his great track record. However when Bush was warned in 2005 of what was going he refused to implement regulation that would have restricted banks' activities. The ship-wreck could have been avoided. This is what Obama is responsibly trying to do right now and the banking lobby is very disturbed by it because they don't want regulation. It is what Bush should have done in 2005.--KOJAK-- Wrong about Clinton raping the military. If the military had had inadequate supplies before Bush sent them in to Iraq then why would Bush have even sent them in? Isn't your argument a bit weak? Haliburton made a fortune from double-billing. So, the money was there to adequately fund the military. That was a sad attempt on your part to make an argument. Also, a friend of mine who left the military in 2000 told me that Clinton had gotten them a 5% pay increase (though I didn't see these figures myself). �Econ 101' as you describe it is an academic argument which does not apply in the real world – sorry to say.OPEC – OPEC does not control the world's oil supply. If energy had not been deregulated by Bush then OPEC would not have the leverage to increase the price of oil. Apparently, it is difficult for a person such as yourself, who subscribes to the academic principles of �Econ 101' to even understand this concept. FERC – You don't understand the FERC concept. No kidding that FERC doesn't regulate oil. Once again, with electricity being deregulated oil producers can now feel free to raise pricing because electricity no longer is the cheaper alternative. (I told you, forget Econ 101, it's only academic.) OUTSOURCING – Created by Democrats, really? Manufacturing jobs going overseas is something that neither party can stop. You can increase import tariffs but so can every other nation. So, such strategy is fruitless. Outsourcing can not be stopped unfortunately. TRUTH – You are incorrect in your opinion that I do not want truth. Refer to my comments to '--WHY--'.(A GREAT LAUGH) I got a great laugh from everybody who submitted their opinions based upon academic principles of economics. So to all of you pseudo-economists, here is how it works in the real world. If I am selling products and I know that people have more money in their pockets I am not going to try to sell them more products at the same price. Instead, I will raise the price on my existing products because I know that people shall be willing to spend more now that they have more (effortless) money in their pocket. That's how it works kids. That is why tax breaks don't work. They do not increase productivity. Has it sunk in yet or shall you continue to believe your economics professor?
Has Any American President Harmed America As Much As George W Bush Did?
How has Obama's $12 weekly tax cut as opposed to Bush's $2700 tax rebates and lower tax bracket helped you?
Please answer this survey without looking up any answers, if you do so, please put your original answer first and the researched answer in brackets, all questions optional, please answer in this format: 1. answer 2. answer 3. - 4. answer etc.. or to do on facebook view this link: http://www.facebook.com/note.php?note_id… 1.Do you watch TV? 2.Do you believe that the media lies? 3.Do you read fashion/health/fitness magazines? 4.Do you believe the media affects the way you act? 5.Do you believe the media affects your mood? 6.Do you feel happy or sad after watching or reading the news? 7.Do you think there is a cure(s) for cancer, malaria and/or AIDS? 8.Do you believe in man made global warming or climate change? 9.If yes, do you believe it is due to carbon? 10.Do you believe that 9/11 was an inside job? 11.Do you believe that 7/7(London train and bus bombings) was an inside job? 12.Have you seen anything on public TV that questions the official stories? 13.If you were in a room with friends and the TV was on, just a general show or the news, would you have a conversation, watch the TV, or have a conversation about what is on TV? 14.Are you unhappy with your body image? 15.How do you feel about models? 16.How do recent music videos make you feel about yourself? 17.What do you think of President Obama? 18.What do you think of Gordon Brown? 19.Where do you get your information on politics, for example, parties before voting? 20.Do you think that US and European (including UK) troops in Afghanistan and Iraq are helping? 21.Do you think we would be bombed or blown up if we did not go to war? 22.Do you think the troops are fighting for our freedom and rights? 23.Have you heard more good or bad about wars that we are not involved in from the media? 24.Have you heard more good or bad about wars once we are involved in from the media? 25.Do you believe swine flu (H1N1) was overrated, fear mongering or true as they explained it? 26.Do you think that many people are dying from h1n1? 27.Do you believe the H1N1 vaccine is safe for children and pregnant women? 28.Do you think H1N1 is worse than regular seasonal flu? 29.Do you think H1N1 came from Pigs, is man made, or something else? 30.Do you believe that the recent underwear bomber was a terrorist, FBI or something else? 31.Why do you think smoking and drinking is legal? 32.Are you a smoker or drinker against drugs? 33.Why do you think Marijuana is illegal? 34.Does the media say anything good about Marijuana? 35.Do you think people die from Marijuana? 36.Why do you think MDMA is illegal? 37.Does the media say anything good about MDMA? 38.Do you think people die from MDMA? 39.Do you think fluoride is good for your teeth? 40.Do you think there is anything bad or wrong about fluoride? 41.Does the media say anything bad about fluoride? 42.Are you somewhat scared to speak publicly because your views may be different? 43.Do you know your human rights? 44.How do you think you would feel if you didn't watch TV, listen to the radio, read magazines, etc.? 45.What things in life would make you happy? 46.Name? 47.Occupation? 48.Age? 49.Gender? 50.Country?
Research Project Survey?
Aren't successful US corporations in the highest tax bracket the most likely place where new jobs would be created? During a recession, wouldn't it make sense to increase that sector's access to cash through simple across-the-board tax cuts so that their hiring margins would be improved quickly? With quick relief to job losses and potentially creation of new jobs, wouldn't the economy be doing much better todasy than the way President Obama and Nancy Pelosi proceeded to pull tax money away from these US corporations through taxes to put in places where OBAMA & PELOSI's Stimulus Bill targeted to special interests that were supposedly going to create jobs.....where are they?
Might it have been better for OBAMA &PELOSI to promote successful US Corps instead of increasing taxes on them?
...you complain about the rate of unemployment and complain that the economy is so horrible ???? http://answers.yahoo.com/question/index?qid=20091230144308AApVF99&r=w Seems cons have trouble keeping their arguments and claims cohesive. Now be honest... how many of you are recieving extended unemployement benefits BECAUSE OF OBAMA !??????? I have a job, I pay taxes.... and it gets pretty annoying to see cons claiming that they are the only ones working for a living and paying for "people like me"...when it's painfully obvious that most of you hypocrites DON"T HAVE JOBS ! And if you have a job...then why the F do you complain so much ???? There is no seperate tax bracket or check box on a W-2 for liberals and conservatives... the only difference I see, is that conservatives can't contribute to society without labeling it "socialism" and complaining about it as if taxes are something *new.Johnny... I make 78k per year... let's just through that out there. I recently got a raise, and i'm doing just fine. Compared to others... I have nothing to complain about....which is why I dont' complain about it. I don't complain about being lucky enough to be in a higher tax bracket than you !... GET IT ? There's the qualitative difference between liberals and conservatives.Hey,...if cons want to argue for an END TO INCOME TAX.... them i'm all on board. But so long as we have a progressive tax structure, I will continue to support higher wage earners paying more than those who make less. It's common F'n sense people !...and furthermore.... it's NOT NEW.Mile High Baby.... You can be sure that some of those hypocritical couch potatoes leeching off of you ....are in fact the same people complaining that they are the only ones working and paying taxes. Meanwhile they are recieving benefits made possible by the "evil socialist" Obama ! Do you not see the irony there ? Hell it's even more obvious that half of the posts on this board come from kids still in grade school .... therefore ...THEY AREN"T PAYING TAXES...like WE pay taxes... they are just parotting conservative talking points.I believe some of you are in fact LYING YOUR A.zzes off !
How can all of you Republicans claim you have jobs and pay taxes, but at the same time...?
Or will he water it down to make special interest groups happy (in the higher OR the lower brackets)? Can we SURVIVE not paying our way any longer?Bush BORROWED a dollar for every two dollars the Federal Govt spent in his terms! The Laffler Curve DOESN'T WORK!!!! When will we admit this?
Will Obama have the will and bravery to let Bush's suicidal tax cuts expire?
Every time Republicans have cut taxes, the deficit and debt just goes flying up. They blame it on Democrats, and when they are in the White House again, just do it all over again! Will Obama have the will and bravery to let Bush's suicidal tax cuts expire, without watering it down to make special interest groups happy (in the higher OR the lower income brackets)?Albert - interesting numbers. But people defending Reagan's deficit/debt increases often forget that the SAME Democratic Congress, under Jimmy Carter, didn't raise the debt AT ALL (or very minimally). So the argument that it was Tip O'Neil's Democrats that did it don't hold much water. Increasing Social Expenses probably had everything to do with rising Medicare costs because Baby Boomers retiring. Reagan was also well known for cutting social spending, including closing all public mental health facilities (leading to the homeless problem) and decreasing funding for schools leading to skyrocketing tuition.Albert - Keynes believed in FDR type deficit spending to stimulate economies - that's what Keynsian economics is! It's not surprising he would think tax cuts would be a good thing. But then you guys turn around and pretend tax cuts have something to do with "supply side" conservative economics, when they are in fact polar opposites! Unsupported tax cuts are fiscally LIBERAL by any real definition.
