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#1261 | |
MVP
Join Date: Feb 2004
Location: Seattle
Age: 45
Posts: 10,069
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Re: Obama Care
Quote:
Do you have any idea what you are talking about or are you saying crap for the sake of saying crap? Last I checked Bush tax code is still in effect. The only thing Obama has done so far is cut taxes for businesses and give a buck or two back to individual through the stimulus and of course you can add you claims of tax increases in ObamaCare, etc.
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"The Redskins have always suffered from chronic organizational deformities under Snyder." -Jenkins Last edited by saden1; 10-22-2010 at 12:02 PM. |
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#1262 |
Playmaker
Join Date: Nov 2006
Location: Richmond
Posts: 3,261
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Re: Obama Care
Im not saying crap just for the sake of saying something. Your line of thanking Obama for returning firsts money is misguided and im just trying to outline that.
I think most people think that when they fill out their w4's that its just a nice thing that helps you keep track of the money you end up owing the goverment. But thats not true. You have to make payments through out the year; either by having deductions taken out of each paycheck or by making quarterly payments which most small business owners do and what im speculating first does. So my statements of either 90% of your current years liability or 100% of last years liability is to point out that this is money that first already paid to the government. He ended up not making as much money as he did last year for one reason or another so the government returned HIS money. No thanks to Obama needed in that instance. Its kind of like if you get demoted at work but dont update your w4 to reflect that you now make less then you did. So when you get that big magically refund when you file its not because you got a tax break that can be attributed to Obama or anyone else, its because your withholding more then you should be because your making less then you were.
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#1263 |
Playmaker
Join Date: Nov 2006
Location: Richmond
Posts: 3,261
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Re: Obama Care
Also this is part of the reason why i hate taxes so much. I guess when they first instituted the federal income tax they realized that they had no chance to collect if they just allowed people to pay their liability at the end of the year, so they made it that you have to pay as you go even if it means paying more then you should be (and this is what gets me). The government isnt going to take the chance of getting shafted, that responsibility lies with us.
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#1264 | |
MVP
Join Date: Feb 2004
Location: Seattle
Age: 45
Posts: 10,069
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Re: Obama Care
Quote:
If I had to bet, I would bet on saden1.
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"The Redskins have always suffered from chronic organizational deformities under Snyder." -Jenkins |
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#1265 | |
Living Legend
Join Date: Oct 2004
Location: chesapeake, va
Age: 61
Posts: 15,817
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Re: Obama Care
Quote:
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#1266 | |
Living Legend
Join Date: Oct 2004
Location: chesapeake, va
Age: 61
Posts: 15,817
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Re: Obama Care
Quote:
I will call my CPA tomorrow and see if she can explain why I received such a large return. I guess I could also pull out my 2008 and see what my tax liability was in 08. I much rather over pay and get money back then to pay. It just seems to hurt more when you have to write out a big check for taxes. Saden I don't think Obama gave small business tax cuts only taxe breaks for buying equipment and maybe hiring. |
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#1267 | |
Living Legend
Join Date: Oct 2004
Location: chesapeake, va
Age: 61
Posts: 15,817
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Re: Obama Care
Quote:
Saden what I have in bold from your post is not really correct unless a bunch of small businesses have found money to go out and buy new equipment in this economy. |
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#1268 |
Swearinger
Join Date: Sep 2006
Location: Washington, DC
Posts: 12,626
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Re: Obama Care
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Tardy |
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#1269 |
Contains football related knowledge
Join Date: Mar 2004
Location: Second Star On The Right
Age: 62
Posts: 10,401
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Re: Obama Care
^^ The competing decisoins will end up in front of the Supreme Court. I am pretty sure it will eventually pass Constitutionality test.
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Strap it up, hold onto the ball, and let’s go. |
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#1270 |
Playmaker
Join Date: Feb 2004
Location: Germantown, Md.
Posts: 4,832
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Re: Obama Care
^^Not!! Can't become a compelling issue. I didn't expect a court would up-hold that.
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A revolution is coming and it will be televised. |
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#1271 | |
Living Legend
Join Date: Aug 2008
Age: 58
Posts: 21,611
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Re: Obama Care
Quote:
(not to be cynical or anything) |
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#1272 |
Pro Bowl
Join Date: Feb 2004
Location: Virginia Beach
Age: 51
Posts: 5,311
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Re: Obama Care
The Commerce Clause in a nutshell -- the federal government can do whatever it damn well pleases.
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#1273 |
Living Legend
Join Date: Oct 2004
Location: chesapeake, va
Age: 61
Posts: 15,817
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Re: Obama Care
I really would be surprised if that decision held up in the SC. I know we are talking the Commerce Clause but state rights have been pretty well shredded because the federal government taxes the shit out of us then dangles our tax money in front of the states to get them to do what the federal government wants them to do.
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#1274 | |
Playmaker
Join Date: Nov 2006
Location: Richmond
Posts: 3,261
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Re: Obama Care
Quote:
Okay this makes things a little easier for those of us that have HSA's and FSA's but its still a bitch: IRS Backs Off Flex Account Debit Card Ban for Over-The-Counter Drugs - FoxNews.com |
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#1275 |
Swearinger
Join Date: Sep 2006
Location: Washington, DC
Posts: 12,626
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Re: Obama Care
Kind of surprised no one posted this yet.
House passes health law repeal - Carrie Budoff Brown - POLITICO.com 26 States Join Suit Against Obama Health Law - FoxNews.com
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Tardy |
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