Esten out of touch with reality
[QUOTE=Esten;434626]LOL, you're tripping over your own bullshit Doppel. Contrary to your claim, you yourself have posted plenty of details about your own finances, enough to estimate how much taxes you've saved because of Obama. Also don't think we didn't notice your dodgy attempt to focus on the 2% payroll tax holiday, and ignore the Bush Tax Cuts extension.
110K(0.02) + 250K(0.03)(a simplification but close) X 2(tax years 2011,2012) =
[B]$19,400 Doppel saved thanks to Obama[/B]
After you thank Obama for helping your bottom line, you can apologize for falsely accusing me of lying.[/QUOTE]First of they were the Bush TAX CUTS not Obama's and he has increased the tax on individuals and small business every time there was an opportunity, such as the last deal in December 2012.
Second your numbers are wrong to start with, the "Holiday" reduced FICA ie Social Security from 6.2% to 4.2% and was effective for tax years 2011 and 2012 which is 2% not 3%.
The wage limit for 2011 on FICA taxable wages was $106,800 and in 2012 it was $110,100.
Now lets do the REAL MATH.
2011 Tax holiday savings = $2,136 [($106,800 X 0.062) - ($106,800 X 0.042)]
2012 Tax holiday savings = $2,202 [($110,100 X 0.062) - ($110,100 X 0.042)]
Total for 2 years = $4,338 NOT $19 K+ as you stated so it's a lie.
And just in case you did not notice the wage limit for FICA keeps creeping up year after year as evidenced by the increase between 2011 and 2012 from $106,800 to $110,100. As a matter of fact the 2011 to 2012 increase amounted to $3,300 or a 3% increase from 2011 to 2012 which pretty much wiped out the "Holiday". While the rate did not change the upper limit did increase meaning you paid more tax, ie a TAX INCREASE. The same bullshit Christina and Company are pulling in Argentina with the income tax floor.
Esten your ignorance of both payroll tax and business tax is astounding. What part of I paid more tax than Obama in 2012, who made $400 k + perks worth many times that amount, on less income than Obama don't you get.
Yep your lying and posting just another BS reply. You have no idea what you are talking about, this discussion is over your head.
Obama Speaks on Zimmerman
The President has spoken publicly about the Zimmerman acquittal. All he did was add fuel to the fire. He should have kept his mouth shut or let someone white say his thoughts for him. A jury has spoken, and as Obama has said many times before, we are a nation of laws.
Tres3.
Obama's Tax Cuts - Part 1
Doppel, everyone sees through your blustering bullshit. I love watching you scramble to avoid crediting Obama. I have no idea what I'm talking about? LMAO!! Really, who do you think you're fooling?
Your calculation of $4,338 corresponds to the 110K(0.02)X2 part of my equation. Notice I used 2% not 3% as you claimed, liar. But that's the payroll tax part only. The Bush Tax Cuts had a sunset provision and were to expire at the end of 2010. Surely you know this. If action had not been taken, your income tax would have increased about 3%. That action was taken in the form of the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010.
Doppel, do you know which American president signed this Act into law on December 17, 2010, thereby ensuring your income taxes would not increase by 3% for 2011 and 2012 ?
What is this thread about?
[QUOTE=Esten;434646]There's another thread for the Zimmerman story, could we please keep it there. Some of us couldn't care less.[/QUOTE]There are also those of us who could not care less about your incessant rantings. This thread is about Politics during the Obama Presidency. At my last observation, Obama was still President of the USA. Because he is President, every time he opens his mouth in public, it is political. This thread is not a private forum for you, Esten, so if you do not like something that someone says about Obama, say what it is that you do not like. Otherwise, keep your mouth shut and your keyboard turned off.
Tres3.
