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MrsERod
Praying for Everyone.
Member since 5/05 26170 total posts
Name:
MrsERod™®
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Re: Debate '08
Posted by Bxgell2
I'm going to add my 2 cents here... DH and I make over $250k so we will be impacted by Obama' proposed tax plan, and I don't, at all, have any resentment against this, or think it unfairly targets people who worked hard for their achievements.
I look at it this way - we enjoyed some nice tax cuts and rebates during the Bush administration, and where did that get us? A seriously faltering economy that will affect each and every one of us, the poor, the middle class and the rich.
If paying a few extra thousand in taxes means that we will have a better, future economic outlook for this country, then I'm all for it, because that makes a direct impact on MY future economic stability, and that of my children.
If we are all left to hoard our money and have no obligation to contribute to a greater good, what I think many miss is that this places us ALL at a greater risk.
will you marry me? 
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Posted 10/16/08 9:02 AM  |
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Bxgell2
Perfection
Member since 5/05 16438 total posts
Name:
Beth
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Re: Debate '08
Posted by MrsERod
Posted by Bxgell2
I'm going to add my 2 cents here... DH and I make over $250k so we will be impacted by Obama' proposed tax plan, and I don't, at all, have any resentment against this, or think it unfairly targets people who worked hard for their achievements.
I look at it this way - we enjoyed some nice tax cuts and rebates during the Bush administration, and where did that get us? A seriously faltering economy that will affect each and every one of us, the poor, the middle class and the rich.
If paying a few extra thousand in taxes means that we will have a better, future economic outlook for this country, then I'm all for it, because that makes a direct impact on MY future economic stability, and that of my children.
If we are all left to hoard our money and have no obligation to contribute to a greater good, what I think many miss is that this places us ALL at a greater risk.
will you marry me?
Because of what I wrote, or because we make $250k+?  'Cause I have to warn you, though I have the J.D., most of that $$ comes from DH 
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| Posted 10/16/08 9:06 AM |
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MrsERod
Praying for Everyone.
Member since 5/05 26170 total posts
Name:
MrsERod™®
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Re: Debate '08
Posted by Bxgell2
Posted by MrsERod
Posted by Bxgell2
I'm going to add my 2 cents here... DH and I make over $250k so we will be impacted by Obama' proposed tax plan, and I don't, at all, have any resentment against this, or think it unfairly targets people who worked hard for their achievements.
I look at it this way - we enjoyed some nice tax cuts and rebates during the Bush administration, and where did that get us? A seriously faltering economy that will affect each and every one of us, the poor, the middle class and the rich.
If paying a few extra thousand in taxes means that we will have a better, future economic outlook for this country, then I'm all for it, because that makes a direct impact on MY future economic stability, and that of my children.
If we are all left to hoard our money and have no obligation to contribute to a greater good, what I think many miss is that this places us ALL at a greater risk.
will you marry me?
Because of what I wrote, or because we make $250k+? 'Cause I have to warn you, though I have the J.D., most of that $$ comes from DH
 because of what you wrote silly! 
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| Posted 10/16/08 9:07 AM |
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Bxgell2
Perfection
Member since 5/05 16438 total posts
Name:
Beth
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Re: Debate '08
Posted by MrsERod
Posted by Bxgell2
Posted by MrsERod
Posted by Bxgell2
I'm going to add my 2 cents here... DH and I make over $250k so we will be impacted by Obama' proposed tax plan, and I don't, at all, have any resentment against this, or think it unfairly targets people who worked hard for their achievements.
I look at it this way - we enjoyed some nice tax cuts and rebates during the Bush administration, and where did that get us? A seriously faltering economy that will affect each and every one of us, the poor, the middle class and the rich.
If paying a few extra thousand in taxes means that we will have a better, future economic outlook for this country, then I'm all for it, because that makes a direct impact on MY future economic stability, and that of my children.
If we are all left to hoard our money and have no obligation to contribute to a greater good, what I think many miss is that this places us ALL at a greater risk.
will you marry me?
Because of what I wrote, or because we make $250k+? 'Cause I have to warn you, though I have the J.D., most of that $$ comes from DH
because of what you wrote silly!
Sure, sure, that's what they all say 
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| Posted 10/16/08 9:13 AM |
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MrsERod
Praying for Everyone.
Member since 5/05 26170 total posts
Name:
MrsERod™®
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Re: Debate '08
Posted by Bxgell2
Posted by MrsERod
Posted by Bxgell2
Posted by MrsERod
Posted by Bxgell2
I'm going to add my 2 cents here... DH and I make over $250k so we will be impacted by Obama' proposed tax plan, and I don't, at all, have any resentment against this, or think it unfairly targets people who worked hard for their achievements.
I look at it this way - we enjoyed some nice tax cuts and rebates during the Bush administration, and where did that get us? A seriously faltering economy that will affect each and every one of us, the poor, the middle class and the rich.
If paying a few extra thousand in taxes means that we will have a better, future economic outlook for this country, then I'm all for it, because that makes a direct impact on MY future economic stability, and that of my children.
If we are all left to hoard our money and have no obligation to contribute to a greater good, what I think many miss is that this places us ALL at a greater risk.
will you marry me?
Because of what I wrote, or because we make $250k+? 'Cause I have to warn you, though I have the J.D., most of that $$ comes from DH
because of what you wrote silly!
Sure, sure, that's what they all say
trust me - if i EVER need to hook up with a sugar mama - you are numero uno in my book! 
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| Posted 10/16/08 9:16 AM |
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seaside
LIF Adult
Member since 6/08 3101 total posts
Name:
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Re: Debate '08
OK. So if well-counseled small bus. owers have maneuvers that they can make to (let's say legally) get around showing a profit and manipluate the pliant tax laws n their favor, why do we need to make those laws even more favorable tos mall businesses? Why shouldn't our concern now be good old employees--at (virtually) every level--that can't hide the benefits that they get (legally or illegally) & giving them some relief? There are lots of ways to skin a cat.
Are there folks out there (not on here--I literally mean--out there) with good accountants getting everything from gas to (working) vacations paid for by the gvt.--& tax dollars? I'd like a better understanding of the tax code (which I admittedly don't have) and what can be "done" with it BEFORE I evaluate a tax plan intelligently or shed tears for "small" business people who may be living very large already.
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| Posted 10/16/08 9:28 AM |
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fuego
LIF Infant
Member since 5/08 91 total posts
Name:
Emily
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Re: Debate '08
Posted by passerby
Public education is free, and many under privileged people get nice scholarships to colleges.
I read this entire board, and this was the comment that made me respond. Higher education is a privilege. Yes underprivileged people get scholarships- but there are HUGE disparities in the quality of education in our country. Because public schools are locally funded, inner-city schools especially are extremely deficient. How can underprivileged people get merit based scholarships when they are competing with students from middle/upper class public schools? They are at a HUGE disadvantage.
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| Posted 10/16/08 9:48 AM |
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1stimemom
Love my boys
Member since 2/08 8766 total posts
Name:
Mrs Dee
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Re: Debate '08
Posted by KellyFG
Posted by Bxgell2
I'm going to add my 2 cents here... DH and I make over $250k so we will be impacted by Obama' proposed tax plan, and I don't, at all, have any resentment against this, or think it unfairly targets people who worked hard for their achievements.
I look at it this way - we enjoyed some nice tax cuts and rebates during the Bush administration, and where did that get us? A seriously faltering economy that will affect each and every one of us, the poor, the middle class and the rich.
If paying a few extra thousand in taxes means that we will have a better, future economic outlook for this country, then I'm all for it, because that makes a direct impact on MY future economic stability, and that of my children.
If we are all left to hoard our money and have no obligation to contribute to a greater good, what I think many miss is that this places us ALL at a greater risk.
We will be affected by Obama's proposed plan as well but I feel differently about it than you.
I would be willing to pay more if I believed it was for the greater good, but I don't.
I feel his plan is only enabling the irresponsible to continue their quest for a free ride & I believe that is the essence of our economic & social problems.
I'm tired of bailouts, I'm tired of people complaining the government didn't do enough for them, I'm tired of the sense of entitlement Americans have.
I cannot stand behind any plan that will foster the thought that the government controls our individual destiny & people should rely on some of us working harder so they don't have to work at all.
That is not for me & never will be.
FTR-I'm not republican or democrat
 Kelly!!!!
I agree 100%. Does Obama think he is the new Robin Hood? DH owns a small business that right now is struggling every single day to stay in business and LEGITIMATELY take small losses. YEs, struggling to not even make a profit right now. In a good economy, our income is just @ $250k. Right now, it is well under that. We bust our butts (both of us) every day for the $$ we make and quite honestly, we just get by at the end of each month after paying the bills. I live in a VERY middle class neighborhood and have a modest home. Nothing extravagent at all. $250k for living in NY is not equivalent to $250k living in Idaho. That needs to be evaluated much better.
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| Posted 10/16/08 9:57 AM |
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stickydust
Now a mommy of 2!!!
Member since 4/06 3164 total posts
Name:
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Re: Debate '08
OK here goes...this is going to be long so bear with me...
There are so many misconceptions being thrown around this thread about why people who pay $250K may not want to pay the increased tax rate. Let me clarify some points. The reasons why I do not support this are many.
First of all, as I have already said, it goes against the fundamental Capitalist theory. It provides a disincentive against working hard. For example...we are right on the cusp, since I decided to take a lower paying jobe to stay at home, fine. My husband saved his compnay this year a whole lot of money so he will be getting a bonus (not a huge one at that) but that bonus will put as over and after taxes we will be making less than if he never got the bonus. The lesson...don't do more than you have to.
Second, I could possible get on board with this plan if they taxed those making 250K at different levels. Meaning those who make $1M get taxed more. Those who make $5m get taxed more than that etc.
Third, I believe that his plan, which makes it so that 40% of people do not pay taxes but will receive a tax return, will foster dependence on the government and will serve to keep those people in the same position they are in. You want to help these people? Instead of giving them these "refunds" set up government sponsored childcare so that people do not have to pay outrageous prices for childcare. Set up certificate and vocational programs for adults. You know the whole if you give a man a fish theory... I think instead of finding real world solutions for these people he is pandering to what people want to hear.
Fourth, it is not going to work. The REALLY wealthy (i.e. those who make well more than 250K) will find loopholes and ways to not pay those taxes and those on the cusp willl be the only ones actually paying taxes.
and Finally, as a first generation American, I believe in the American dream and I do believe that everyone can achieve it regardless of your circumstances. You may have to work a little harder but it can be done. My family came from a communist country with nothing but the clothes on their back. They spoke not a word of english. My grandmother and grandfather worked 3 jobs each, and saved, and became quite successful. They are not an exception to the rule, they are an example of the potential that exists.
Whew...glad to get all that off my chest!!!
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| Posted 10/16/08 10:09 AM |
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Ophelia
she's baaccckkkk ;)
Member since 5/06 23378 total posts
Name:
remember, when Gulliver traveled....
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Re: Debate '08
Posted by Bxgell2
Posted by passerby
I don't think anyone is hoarding money we all pay taxes, I just don't think that the person that works hard to get a good grades in high school, goes on to college and makes a career for himself that pays a little more, provides benefits and i'm sure is putting in more than 40 hours a week should be responsible for the person that maybe went out partying in high school and now is looking for somebody (the government) to help them out with entitlements.
Maybe it's because I usually give the benefit of the doubt, but I hardly think that the majority of people who make under $250k are people who partied their arses off in high school and now look for those who worked hard to extend them help. I'd venture to say that's a huge misgeneralization and that most of the underprivileged in this country simply do not have the same opportunity that many of us were born into.
this is why I am SOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO glad I do not post on these boards at night.
I am so tired of these ridiculous assumptions about people. it find it absolutely disgusting.
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| Posted 10/16/08 10:11 AM |
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Ophelia
she's baaccckkkk ;)
Member since 5/06 23378 total posts
Name:
remember, when Gulliver traveled....
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Re: Debate '08
um, all taxes at every level are staggered.
if you make 251k, you will NOT be taxed in the same way as someone making 1 mil.
the difference in tax between you and someone making 249k will be the tax on the 1k OVER 250.
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| Posted 10/16/08 10:12 AM |
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Re: Debate '08
Posted by passerby
I worked in the city school (brooklyn). the learning was their for the taking.
I'm surprised to hear that you have city teaching experience, but look at it that way. Yes, we try to put it out there, but the lack of supplies, the overcrowding, administrative issues, etc. do not, in any way, make it "there for the taking." At the moment I have the equivalent of a special needs class in my regular ed class (30 kids, 8 of them reading on a second/third grade level in sixth grade). It just can't be boiled down like that. I am grateful every day that I had the chances I had, and grateful that my child will have opportunities. Not everyone does- far from it.
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| Posted 10/16/08 10:16 AM |
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SweetTooth
I'm a tired mommy!
Member since 12/05 20105 total posts
Name:
Lauren
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Re: Debate '08
Posted by Ophelia
Posted by Bxgell2
Posted by passerby
I don't think anyone is hoarding money we all pay taxes, I just don't think that the person that works hard to get a good grades in high school, goes on to college and makes a career for himself that pays a little more, provides benefits and i'm sure is putting in more than 40 hours a week should be responsible for the person that maybe went out partying in high school and now is looking for somebody (the government) to help them out with entitlements.
Maybe it's because I usually give the benefit of the doubt, but I hardly think that the majority of people who make under $250k are people who partied their arses off in high school and now look for those who worked hard to extend them help. I'd venture to say that's a huge misgeneralization and that most of the underprivileged in this country simply do not have the same opportunity that many of us were born into.
this is why I am SOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO glad I do not post on these boards at night.
I am so tired of these ridiculous assumptions about people. it find it absolutely disgusting.
I have to agree. We do not make anywhere NEAR $250K, and probably never will. I worked extremely hard in high school and college. I have a master's degree, for goodness sake. I think it is disgusting that people are making these kinds of assumptions. I see these kinds judgements being handed down all the time on here, and frankly, it is really starting to get on my nerves. DH and I are very hard working. We both work full time jobs in the city and DH works OT all the time to bring in some extra money. I am even considering getting a second job - even though I already work full time AND have twins on the way. Does this make me lazy and a cheat??
I don't know how I feel about Obama's tax plan, but I do know how I feel about the assumptions being made on here. No $250K is not super rich around here, but it is very well off. DH and I mangage to pay our expenses, including a mortgage and property taxes on a lot less than that. So yes, I do consider an income of $250K wealthy, even here on LI.
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| Posted 10/16/08 10:35 AM |
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HeathKernandez
Our Ron is an awesome Ron
Member since 4/07 9091 total posts
Name:
baby fish mouth
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Re: Debate '08
Posted by passerby
I worked in the city school (brooklyn). the learning was their for the taking.
I sincerely hope that you're not a teacher.
Message edited 10/16/2008 10:45:20 AM.
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| Posted 10/16/08 10:42 AM |
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bluegreen08
LIF Adolescent
Member since 10/07 574 total posts
Name:
a
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Re: Debate '08
For what it's worth... I am extremely responsible with my money. DH and I are 24 and have a year's worth of DH's take home pay in the bank, no credit card debt, paid off DH's student loans and I am at a top 20 law school on a full scholarship.
We will make $250k+ combined after I graduate and I still completely support Obama. Even if it raises my taxes, I don't believe anyone will be able to cut taxes given the bailout and our current economic situation and I'm not 100% selfish. I agree with Obama's policies more.
Edit: yes lawyers make more, but I think teachers and researchers and social workers and other "lesser paid" jobs are equally important in the greater scheme of our economy.
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| Posted 10/16/08 10:44 AM |
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MrsERod
Praying for Everyone.
Member since 5/05 26170 total posts
Name:
MrsERod™®
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Re: Debate '08
Posted by KeithHernandez
Posted by passerby
I worked in the city school (brooklyn). the learning was their for the taking.
I sincerely hope that you're not a teacher.
i just wanted to say - i think your avatar pic is HILARIOUS!!!
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| Posted 10/16/08 10:45 AM |
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passerby
LIF Zygote
Member since 8/08 47 total posts
Name:
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Re: Debate '08
Posted by fuego
Posted by passerby
Public education is free, and many under privileged people get nice scholarships to colleges.
I read this entire board, and this was the comment that made me respond. Higher education is a privilege. Yes underprivileged people get scholarships- but there are HUGE disparities in the quality of education in our country. Because public schools are locally funded, inner-city schools especially are extremely deficient. How can underprivileged people get merit based scholarships when they are competing with students from middle/upper class public schools? They are at a HUGE disadvantage.
Two things:
First It took me 20 years to finish my degree, working 2 jobs taking 1 class a semester and not entitled to one dime from the government. Community college is cheap and takes most everybody.
Second 4 years ago someone I know got a full boat to Hofstra, tuition, housing, books, laptop, weekly allowance the criteria not good grades in high school and come from underprivileged household.
Higher education is a privilege but is available to everyone.
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| Posted 10/16/08 12:52 PM |
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passerby
LIF Zygote
Member since 8/08 47 total posts
Name:
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Re: Debate '08
Posted by KeithHernandez
Posted by passerby
I worked in the city school (brooklyn). the learning was their for the taking.
I sincerely hope that you're not a teacher.
Sorry forgot the "s" didn't know this was a test
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| Posted 10/16/08 12:53 PM |
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Michelle1123
Baby #5 on the way!
Member since 9/05 7919 total posts
Name:
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Re: Debate '08
Posted by SweetTooth
Posted by Ophelia
Posted by Bxgell2
Posted by passerby
I don't think anyone is hoarding money we all pay taxes, I just don't think that the person that works hard to get a good grades in high school, goes on to college and makes a career for himself that pays a little more, provides benefits and i'm sure is putting in more than 40 hours a week should be responsible for the person that maybe went out partying in high school and now is looking for somebody (the government) to help them out with entitlements.
Maybe it's because I usually give the benefit of the doubt, but I hardly think that the majority of people who make under $250k are people who partied their arses off in high school and now look for those who worked hard to extend them help. I'd venture to say that's a huge misgeneralization and that most of the underprivileged in this country simply do not have the same opportunity that many of us were born into.
this is why I am SOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO glad I do not post on these boards at night.
I am so tired of these ridiculous assumptions about people. it find it absolutely disgusting.
I have to agree. We do not make anywhere NEAR $250K, and probably never will. I worked extremely hard in high school and college. I have a master's degree, for goodness sake. I think it is disgusting that people are making these kinds of assumptions. I see these kinds judgements being handed down all the time on here, and frankly, it is really starting to get on my nerves. DH and I are very hard working. We both work full time jobs in the city and DH works OT all the time to bring in some extra money. I am even considering getting a second job - even though I already work full time AND have twins on the way. Does this make me lazy and a cheat??
I don't know how I feel about Obama's tax plan, but I do know how I feel about the assumptions being made on here. No $250K is not super rich around here, but it is very well off. DH and I mangage to pay our expenses, including a mortgage and property taxes on a lot less than that. So yes, I do consider an income of $250K wealthy, even here on LI.
DH and I dont even make 1/3 of $250k, but we both work FT, and we work HARD. I work PT during the non-summer months. We have a home, 2 cars, two children and we are doing fine. I consider a $250k salary VERY well off.
That was a truly idiotic and ignorant assumption. 
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| Posted 10/16/08 1:12 PM |
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MrsERod
Praying for Everyone.
Member since 5/05 26170 total posts
Name:
MrsERod™®
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Re: Debate '08
Posted by passerby
Posted by KeithHernandez
Posted by passerby
I worked in the city school (brooklyn). the learning was their for the taking.
I sincerely hope that you're not a teacher.
Sorry forgot the "s" didn't know this was a test
now this is just plain scary
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| Posted 10/16/08 1:17 PM |
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VickiC
Rocking the party
Member since 5/05 4937 total posts
Name:
Vicki
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Re: Debate '08
Posted by passerby
Posted by KeithHernandez
Posted by passerby
I worked in the city school (brooklyn). the learning was their for the taking.
I sincerely hope that you're not a teacher.
Sorry forgot the "s" didn't know this was a test
Actually - she meant you used the wrong one. It should be "there".
And that's my whole contribution to this whole thread.
Message edited 10/16/2008 1:18:33 PM.
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| Posted 10/16/08 1:18 PM |
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MrsERod
Praying for Everyone.
Member since 5/05 26170 total posts
Name:
MrsERod™®
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Re: Debate '08
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| Posted 10/16/08 1:21 PM |
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HeathKernandez
Our Ron is an awesome Ron
Member since 4/07 9091 total posts
Name:
baby fish mouth
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Re: Debate '08
Posted by passerby
Posted by KeithHernandez
Posted by passerby
I worked in the city school (brooklyn). the learning was their for the taking.
I sincerely hope that you're not a teacher.
Sorry forgot the "s" didn't know this was a test
the internet is serious business.
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| Posted 10/16/08 1:28 PM |
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banda61007
LIF Infant
Member since 7/07 296 total posts
Name:
Bonnie
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Re: Debate '08
Posted by mrsej
Posted by lipglossjunky73
Posted by HelenZ
can someone help me understand something......regarding this whole "spreading the wealth around" issue.......isn't that for people making more than 250K per year? do I have that wrong?
I'm a political idiot, but I think you got that right...
The problem I have with this is that my DH and make just above this limit. We have over 100K in student loans. We work our azzes off - I work long hours, so does my DH - he barely sees my son. So now that we make over this amount, we now have to "spread it around" to people who don't? We are penalized b/c we work a billion hours a week? How about this...let me spread my student loans around...any takers?
You took the thoughts right out of my head!
ETA: I consider myself a democrat, and generally support Obama, but this plan is anti-capitalist and just doesn't make sense. I get that those who make more should pay more, and that already happens at this level. What we pay in taxes is enromous, and I think it makes sense, but to lower everyone elses' taxes and then raise ours is something I cant get behind. Maybe if the cutoff were dependent on the area in which you live it would make sense to me as I can see that many in the country would consider a 250K salary wealthy. We make over 250K, but not by much, and in no planet do we live a lavish lifestyle or consider ourselves wealthy. We are already excluded out of many gov't programs and incentives (i.e. deducting student loan interest, first time homebuyer credits, etc.), but keep having to pay more and more for them.
Message edited 10/16/2008 2:05:25 PM.
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| Posted 10/16/08 1:33 PM |
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passerby
LIF Zygote
Member since 8/08 47 total posts
Name:
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Re: Debate '08
Posted by MrsERod
Posted by passerby
Posted by KeithHernandez
Posted by passerby
I worked in the city school (brooklyn). the learning was their for the taking.
I sincerely hope that you're not a teacher.
Sorry forgot the "s" didn't know this was a test
now this is just plain scary
No it was to be: The learning is theirs for the taking.
and you missed the fact that i didn't pluralize the word city as in city schools and i didn't capitalize the "t" in word the.
The real point of your nit-picking my response is that I'm saying something that you don't want to hear.
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| Posted 10/16/08 1:51 PM |
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