Your TAXES are going to GO UP! a Lot! next year!

[DrLeftover]

In a recent tax planning meeting with one of our clients, we shocked them with what their income tax future looked like for 2013 if Congress continues to do nothing to provide a long-term permanent set of tax laws (and it looks as if lawmakers are headed down this track).

They had no idea what tax breaks were expiring this year and next year, and how much it would cost them personally in extra income tax. But they aren't alone, many Americans and even tax professionals aren't aware that their tax bill could rise dramatically next year.

http://finance.yahoo.com/taxes/arti...es-next-year-foxbiz?mod=taxes-advice_strategy

 

[DrLeftover]

And yet most people will vote for the flaming assholes who are already in the House and Senate who are responsible for this mess.

 

[DrLeftover]

oh, please



http://www.washingtontimes.com/blog/inside-politics/2011/nov/17/god-and-supercommittee/

 

[Flurry]

oh, please



http://www.washingto...supercommittee/

Yeeaaah, let's just see how that works out.

 

[Temerit]

Yes... the Bush tax cuts are set to expire... years after they were originally supposed to because Obama extended the breaks...



We need taxes to go way up and soon. American taxes are way too low.

 

[Temerit]

I'm very curious as to what you are talking about. In fact taxing in cutting is the entirety of the issue.



You can talk about the means of taxing and cutting or achieving a legislature that will do either of those things, but that's a completely different story. When it comes to the budget, revenue and expenditures are really the heart of the problem.

 

[DrLeftover]

Let's start with Federal Spending.

http://www.usgovernm.../federal_budget

 

[Temerit]

In what respect?



Congress still has complete control over the federal budget.



The federal reserve, although having done several things I don't agree with still serves a vital purpose.



I'm not sure though I really get at what you are suggesting.

 

[Temerit]

Someone has been watching too much Zeitgeist.



Any profit made by the fed (from things such as interest on money loaned to the government) is turned over to the treasury.

 

[DrLeftover]

You have to read some of these to believe them.



Your tax dollars at work:



http://www.coburn.senate.gov/public...&File_id=b69a6ebd-7ebe-41b7-bb03-c25a5e194365

 

[Temerit]

No, not really, and just because they say they do doesn't make it true...



The FED has stocks, therefor has stockholders, why would any one invest in The FED if they just give away all of their profit? Not much dividends... The FED was created in secrecy, still is as for as misinformation about it, to confuse and deceive...



Another thing, why loans with interest if they are just going to give the money right back...



You just believe into the propaganda, as they want it like that to keep their power with-in the elite groups and families...



And no, I'm not a conspiracy theorist nor delusional...



You still don't understand, and I'm sure you wont believe this either: http://theeconomicco...s-national-debt

You keep giving me random blogs. This one is a guy who just watched Zeitgeist and is pissed. But I also couldn't identify the author of the article, so I'm not sure that he's qualified at all or has any idea what he's talking about.



Also the website is pushing gold coins and survival supplies for the economic collapse which doesn't help establish any kind of credibility.



Gold coins are well known to be the worst way to invest in gold.

 

[Temerit]

But that is simply false..



Besides, there is no point in eliminating all of our debt.



There's a reason even china has debt. All countries have debt.



We operate on fiat currency which is backed by government debt (rather than say, gold).

 

[Temerit]

You can solve the debt problem and still have debt. Because having debt at certain levels is completely fine (not to mention necessary within the current system).