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akuma587 on 31 October 2008
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Coca-Cola said:
akuma587 said:
Dogs Rule said:
Coca-Cola said:
tax hike for people earning $250k. how is that good for the economy?
who will invest?

I heard on the radio today that Obama changed (he is for change) the amount from $250k to $150k.

Hope it doesn't change.

On the campaign trail, in his speeches Obama says 250K$. In his infomercial Wednesday, He said 200K$, but the next day and since he has been back to saying 250K$.

Joe "The" Biden has said 150K$. I don't know if that is his own belief or if he made a mistake.

This is a common misconception.  The $250K amount is for families, and the $150K amount is for single filers.  Most people making that much do have a family, so Obama isn't telling the whole truth, but for all practical points and purposes he is telling most of the truth.  The percentage of people making $150K by themselves is less than 2% of the country.  It might even be less than 1%.

 

Thanks for clearing that up for me too.

I thought $250k was individual amount - I could live with that, but for family income that's insane.

Let's make it 250k for individuals.

 

What's your rationale?  The percentage of single filers who make over $150,000 is already in the 1% range.  And only their income over $150,000 would be included in the higher tax bracket.

 



We had two bags of grass, seventy-five pellets of mescaline, five sheets of high-powered blotter acid, a salt shaker half full of cocaine, a whole galaxy of multi-colored uppers, downers, screamers, laughers…Also a quart of tequila, a quart of rum, a case of beer, a pint of raw ether and two dozen amyls.  The only thing that really worried me was the ether.  There is nothing in the world more helpless and irresponsible and depraved than a man in the depths of an ether binge. –Raoul Duke

It is hard to shed anything but crocodile tears over White House speechwriter Patrick Buchanan's tragic analysis of the Nixon debacle. "It's like Sisyphus," he said. "We rolled the rock all the way up the mountain...and it rolled right back down on us...."  Neither Sisyphus nor the commander of the Light Brigade nor Pat Buchanan had the time or any real inclination to question what they were doing...a martyr, to the bitter end, to a "flawed" cause and a narrow, atavistic concept of conservative politics that has done more damage to itself and the country in less than six years than its liberal enemies could have done in two or three decades. -Hunter S. Thompson