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WILL OBAMA’S TAX PLANS FOR 2013 SOAK UP SAVINGS OF THE ELDERLY THE HARDEST!

Old Salt 2012/06/13 19:34:36
OBAMA’s MESSAGE TO OUR MOM & DAD.... JUT DIE AND PAY ME FOR THE TIME YOU’VE LIVED….. AGAIN!
IT IS THE REPUBLICANS WHO WON’T NEGOTIATE WITH OBAMA, OR STILL BUSH’S FAULT!
None of the above
You!
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We’ve ALL
seen the President stand before the American citizen and pursue his attacks on
the Millionaires and Billionaires, claiming that they should PAY more in
taxes! However, each time he gets into
his speech, buried DEEP in the electronic print out of his “teleprompter” is an
amount far lower in income of the ”real people” he wishes to TAX. That is our ELDERLY who depend on the returns
of their long standing investments to assist in the “golden years” of
retirement are the REAL ones he is REALLY going after!



How many of
us have seen our parents struggle through life to secure a better future for
themselves and their children. How many of us have had Mom & Dad dip into
their retirement or take a loan against their own property to bail us children
out in the desperate need of a medical operation or catastrophe that has
occurred in our lives! NOW, does Obama
want them to bail out his catastrophic failures of being our President? For
while he has sat in the highest office of the land, his GSA employees lavish in
$5,000 per night rooms with whirlpool hot tubs in Las Vegas, sipping champagne from
two glasses… all paid for by his approval !





What are the
TAXES the President wants from the Elderly more than any other group of Americans?





1) Top tax bracket for SENIORS will rise
from 30 to 34%! That “Top Bracket” is
NOT, I say again…. NOT…. $1 million!



http://www.bloomberg.com/news/2010-11-30/bush-tax-cut-puzzle-...



2) Dividends! 71% of seniors supplement their retirement
incomes through dividends from stocks and bonds they have invested over their
years! The President wants to raise the TAX on dividends from the current 15%
to a whopping 43%.... close to a 300% increase!
This will affect EVERYONE, not just the seniors!



http://www.youtube.com/watch?v=7NbBXt9yoT8&feature;=channel



3) TAX of sale of property! As of January 1, conveniently AFTER the
election, every homeowner selling their home will HAVE to pay a 3.8% Sales tax
to the Federal Govt! That tax is NOT on
the profit, rather the selling price of the home! If Mom & Dad bailed us children out of a
crisis situation in our lives and refinanced their $250,000 “paid” mortgage
with a $200,000 loan… they would STILL need to pay the Federal govt close to
$10,000, regardless of any capital gain or loss!!! http://activerain.com/blogsview/2099491/sales-tax-on-property...



4) Capital Gains Tax rising from 15% to
23%! This is on TOP of any sales tax
charge…. Again, biting in to the Elderly who only THOUGHT Obama cared about
their “welfare!” But then…. Gives a “whole new meaning” to “obamacare!” http://www.bloomberg.com/news/2012-05-30/capital-gains-fault-...



5) INHERITENCE taxes! Current amounts of inheritance can be passed
down to the rightful heirs of parents estates by being worth LESS than $5
Million! Not ONLY will that be reduced to the low amount of $1 Million, but the
President will now declare that the Federal Govt is more of a “rightful” owner
of any parents property then their OWN children! For the tax is going from 33% to a mind
blowing 55% of the total value of mom and dad’s wealth! http://online.wsj.com/article/SB123846422014872229.html



So…. WHAT
say you Soda Head member! Do you wish to
see these HUGE taxes imposed on your mom and dad? Do you wish to continue to
“Swallow a Lie” that the President is ONLY wanting to “tax the millionaires and
billionaires?” Old Salt



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Top Opinion

  • Mr. Smith 2012/06/13 21:21:36
    OBAMA’s MESSAGE TO OUR MOM & DAD.... JUT DIE AND PAY ME FOR THE TIME YOU’VE L...
    Mr. Smith
    +14
    There's been a war on senior's since the passing of Obamacare......

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  • Old Salt John Du... 2012/06/14 01:19:30
  • Mr. Smith John Du... 2012/06/14 01:21:43
    Mr. Smith
    +6
    Please tell us, what rate does the "megarich" pay on income today? And what rate, in your opinion, is "paying their due?"
  • Lee John Du... 2012/06/14 01:30:19
    Lee
    Yeah . . . Right Wingers are Dumb . . . No doubt about it.
  • Temlakos~POTL~PWCM~JLA~☆ 2012/06/14 00:56:04
    OBAMA’s MESSAGE TO OUR MOM & DAD.... JUT DIE AND PAY ME FOR THE TIME YOU’VE L...
    Temlakos~POTL~PWCM~JLA~☆
    +5
    Man, what a fool he's been. Now all we have to do is remind people...
  • ☆stillthe12c☆ 2012/06/14 00:37:26
    OBAMA’s MESSAGE TO OUR MOM & DAD.... JUT DIE AND PAY ME FOR THE TIME YOU’VE L...
    ☆stillthe12c☆
    +5
    This A$$ has got to go.
  • Old Salt ☆stillt... 2012/06/14 01:20:26
  • TheTailor 2012/06/14 00:27:26
    OBAMA’s MESSAGE TO OUR MOM & DAD.... JUT DIE AND PAY ME FOR THE TIME YOU’VE L...
    TheTailor
    +6
    And he devalued the dollar by 1/3rd by adding $5+ TRILLION to the debt.
  • Old Salt TheTailor 2012/06/14 01:21:05
  • TheTailor Old Salt 2012/06/14 02:24:37
    TheTailor
    +5
    He's added about $5.5 trillion in debt.
  • Old Salt TheTailor 2012/06/19 17:38:01
  • ☆stillt... TheTailor 2012/06/14 02:33:29
    ☆stillthe12c☆
    +4
    Actually the 9 trillion dollars that the Fed handed out is doing more damage to the value of the dollar than the debt.
  • TheTailor ☆stillt... 2012/06/14 02:38:36
    TheTailor
    +2
    Deficit spending hasn't been 9 trillion since Obama took office, although since the 2006 election when the progressives grabbed congress, they have nearly doubled the national debt. Check the CBO for figures.
  • ☆stillt... TheTailor 2012/06/14 02:56:53
    ☆stillthe12c☆
    +2
    You need to read what I said again.
  • TheTailor ☆stillt... 2012/06/14 03:06:21
    TheTailor
    +1
    No, I don't.
  • ☆stillt... TheTailor 2012/06/14 03:38:49
    ☆stillthe12c☆
    +3
    Then you apparently do not know what the Fed is. The Fed are the ones that supplies money to the banking system and not a part of the Federal Government. The feed money into our monetary system and decide the amount of money in the system. Over the last few years while Obama and Bush were handing out money to the financial institutes they were pumping 2.7 trillion dollars into them with out the Federal Governments knowledge. They also gave the European Banks a trillion dollars. They have not explained what they did with the rest of the money. This is part of the inflation that we are seeing today.
  • TheTailor ☆stillt... 2012/06/14 03:59:28
    TheTailor
    +2
    There's a difference between quantitative easing and deficit spending, but I agree, it devalues the currency and causes inflation.
  • ☆stillt... TheTailor 2012/06/14 04:24:11 (edited)
    ☆stillthe12c☆
    +2
    All I was saying in my first statement was the 9 trillion dollars are just as destructive if not more that the 5.6 trillion than debt that Obama has added. To bad they did not see fit to apply the 9 trillion to debt. That would have saved us 1.251 trillion dollars in interest over the last 3 years.
  • TheTailor ☆stillt... 2012/06/14 17:29:48
    TheTailor
    +1
    Probably more.
  • ☆stillt... TheTailor 2012/06/14 17:58:43
    ☆stillthe12c☆
    +1
    I think is was more as well. Now is is not as bad as the nearly 11 trillion dollars added to the debt between Bush and Obama.
  • susan 2012/06/14 00:25:08
    None of the above
    susan
    +7
    Obama says ones thing and does another. His policies have nothing to do with real attacks on millionaires and billionaires, but are sublte attacks on the middle class, including the elderly and the small business people that create jobs.
    Obama's policies are all about ending the opportunity to create and innovate, to be an entrepreneur and develop one's own future. Instead, he wants everyone beholden to the government and to big businesses that hold the wealth of the country. He wants all but the elite - like himself - to be kept down.
  • TheTailor susan 2012/06/14 00:28:43
    TheTailor
    +3
    The last thing I consider Obama is "elite", he may be in his mind, but not in mine.
  • Old Salt susan 2012/06/14 01:23:08
  • susan Old Salt 2012/06/14 14:46:20
    susan
    +3
    Thank you, Old Salt.
  • Cliff 2012/06/14 00:06:50
    OBAMA’s MESSAGE TO OUR MOM & DAD.... JUT DIE AND PAY ME FOR THE TIME YOU’VE L...
    Cliff
    +8
    The death panels will take care of mom and dad.
  • Gracie - Proud Conservative 2012/06/13 23:50:34
    OBAMA’s MESSAGE TO OUR MOM & DAD.... JUT DIE AND PAY ME FOR THE TIME YOU’VE L...
    Gracie - Proud Conservative
    +10
    I'm not worried about mom and dad, they're deceased. I'm worried about myself and my husband for many of his plans, healthcare especially. My husband has had a heart attack at 50 and I don't want some bureaucrat to decide his fate in the future.
  • Old Salt Gracie ... 2012/06/14 00:22:40
  • Gracie ... Old Salt 2012/06/14 02:28:52
    Gracie - Proud Conservative
    +4
    If it's not unconstitutional, we're SCREWED! What else will they be able to do to us?
  • Old Salt Gracie ... 2012/06/19 17:56:31
  • Gracie ... Old Salt 2012/06/20 00:52:40
    Gracie - Proud Conservative
    +1
    Over my dead body.
  • Old Salt Gracie ... 2012/06/20 01:47:32
  • templer003 2012/06/13 23:33:43
    OBAMA’s MESSAGE TO OUR MOM & DAD.... JUT DIE AND PAY ME FOR THE TIME YOU’VE L...
    templer003
    +6
    OMG
    Obama
    MUST
    GO !!!!!!!!!!!!!!!! had enough yet had enough yet
  • ed 2012/06/13 23:24:41
    OBAMA’s MESSAGE TO OUR MOM & DAD.... JUT DIE AND PAY ME FOR THE TIME YOU’VE L...
    ed
    +7
    obama and the democrats want seniors to die.
  • Cliff ed 2012/06/14 00:12:34
    Cliff
    +4
    Here is how the liberal mind works.......Nevermind that it is unconstitutional. The important thing to remember is that it's the right thing to do.
  • Lee Cliff 2012/06/14 01:32:13
    Lee
    What's unconstitutional?

    Come on Cliff . .. . be specific.

    Or are you just repeating some idiotic inanity you heard some other RWNJ say to some other RWNJ ?
  • Cliff Lee 2012/06/14 01:47:48
    Cliff
    +3
    Obamacare is a good example. When Obama said that "it's important to remind people that this is not an abstract argument" and that "people's lives are affected by the lack of availability of healthcare," he was urging us all, but the Supreme Court in particular, to take into consideration a constitutionally irrelevant point. In other words, if the goal is noble, let's just ignore the Constitution.
  • Lee Cliff 2012/06/14 02:14:56
    Lee
    How is the Patient Protection and Affordable Health Care Act Unconstitutional?

    Got any specifics? Or are you just repeating something you heard some dimwitted RWNJ say to some other dimwitted RWNJ?
  • Cliff Lee 2012/06/14 02:36:07
    Cliff
    +2
    I'm sure you will find all the information you need in a few days when the Supreme Court renders its decision.
  • Lee Cliff 2012/06/14 02:52:42 (edited)
    Lee
    Yeah . .. I really don't have high hopes.

    This Supreme Court is infamous for making really bad decisions . . . . that will eventually be reevaluated by a saner, smarter Supreme Court.

    The Roberts Court will most likely go down in history as the most miserable, anti-American, anti-humanity,anti-Sanity, anti-Constitutional Supreme Court that has ever existed.
  • Cliff Lee 2012/06/14 11:20:19
    Cliff
    +1
    Got any specifics? Or are you just repeating something you heard some dimwitted LWNJ say to some other dimwitted LWNJ?

    Dred Scott and Roe v Wade stand out in my mind as two of their worst decisions ever.
  • Lee Cliff 2012/06/16 16:10:34 (edited)
    Lee
    Well, there's the Citizens United decision which allows corporations to funnel billions of dollars into political campaigns. This, of course, will allow wealthy pressure groups to influence national politics in ways detrimental to America and Americans.

    And then, of course before Roberts became Chief Justice, there was the infamous Bush v. Gore case which arbitrarilly declared GW Bush President of the United States . . . and indirectly resulted in economic and social devastation in America.

    Right Wingers sure know how to damage this nation.

    But that's not a good thing, is it?

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