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2011-09-15 Home Front: Politix

Obama seeks tax rise to pay for jobs bill

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Posted by Fred 2011-09-15 00:00|| || Front Page|| [11128 views ] Top

#1 .... he would pay for his $447 billion jobs plan by raising taxes on the rich and energy corporations

I see he's been watching the market. I wonder if the poor bugger even realizes businesses don't pay taxes, they just pass them on to consumers? The man is a marooon!

Posted by Besoeker 2011-09-15 00:54|| 2011-09-15 00:54|| Front Page Top

#2 Yes, but how do you solicit corporate campaign contributions when the tax rate is zero?

Posted by Eohippus Phater7165 2011-09-15 01:43|| 2011-09-15 01:43|| Front Page Top

#3 One trick pony.

Posted by g(r)omgoru 2011-09-15 04:39|| 2011-09-15 04:39|| Front Page Top

#4 g(r)omguru, you, sir, are slandering ponies.

I'd say that he is pond scum but don't want to slander that either.

Posted by AlanC 2011-09-15 09:24|| 2011-09-15 09:24|| Front Page Top

#5 So he's going to fine employers to pay for employment...

Who doesn't see the problem here?!?

Posted by Bright Pebbles 2011-09-15 09:49|| 2011-09-15 09:49|| Front Page Top

#6 Out of ideas, out of control and soon to be out of office. (we hope)

Posted by DarthVader 2011-09-15 11:08|| 2011-09-15 11:08|| Front Page Top

#7 Something which has bugged me from the get-go...why is it that a single person is good to go at <$200k, but a couple must be <$250k...shouldn't that be <$400k visually, maybe about <$350k or whatever the crazy scale says depending upon dependants? I mean at a glance it appears to be punishing couples.

Its a bit worse than that. Unless the government pays a business to hire an employee no amount of tax credits will offset the fact that the new employee will cost money. That money must be made up with the increased productivity of the new employee(s). A business which does not have this in their COGS is likely not doing it right, and increases the chances of over/undercharging.

But to continue that thought, year goes by and credits. What next year, any credits there? What about obamacare, are the companies on the hook for the new employees cobra-style, what responsibilities for firing these new employees if business does not pick up?

Posted by swksvolFF 2011-09-15 12:00|| 2011-09-15 12:00|| Front Page Top

#8 Upon reflection "one track pony".

p.s. Re jobs. Dry bones has a somewhat different outlook.

Posted by g(r)omgoru 2011-09-15 13:31|| 2011-09-15 13:31|| Front Page Top

#9 why is it that a single person is good to go at <$200k, but a couple must be <$250k?

That's easy: Because two people can live as cheaply as one. (Provided they each eat half as much.)

Posted by Perfesser 2011-09-15 13:44|| 2011-09-15 13:44|| Front Page Top

#10 And children don't cost nada.

Posted by g(r)omgoru 2011-09-15 13:49|| 2011-09-15 13:49|| Front Page Top

#11 Just one bad idea after another, all in attempt to put all private industry out of business.

Posted by newc 2011-09-15 15:26|| 2011-09-15 15:26|| Front Page Top

#12 Instead of 'taxing' how about a tax holiday to that amount, leaving the money in the hands of the 'taxpayers' to decide how they'd stimulate the economy? Then again there's little room for graft or corruption in that concept.

Posted by Procopius2k 2011-09-15 16:23|| 2011-09-15 16:23|| Front Page Top

22:49 Shieldwolf
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