Nop of course he is not winkl wink

tax2much
I applaud you, thank you, I know your pain. I too am in the upper part of the "middle class" i too work hard and I too dont want my money to go away. i pay enough now I certainly dont need more. If we keep talking then it will keep going up it started at 200 now 250 hell by the election it will be 1m then i am okay with it LOL

The philosophy of wealth re-distribution (a.k.a. spreading the wealth) can be summed up in one quote from an old economics philosopher, " From each according to his ability to each according to his need." -Karl Marx
But of course, Obama is no Marxist.

rockstars:

I never said that I did not have anything to show for it. I have plenty to show for MY hard work. What I meant was that if I paid less taxes I may have extra to buy more big ticket items that keep people employed. I dont waste $$ on items I dont need or that will depreciate rather quickly. I have plenty in savings due to the fact that we pay taxes everymonth
(estimates) regardless of our income. By the way that was just my income.

Now I have to get back to work. Taxes are due.

gstrube just to inform you corporation will never pay taxes. But you will pay them as they pass them onto you as a cost of doing business. Do you realize how much of every dollar is lost as it passes back, and forth through the government's books. Every time the tax dollar collected turn into 35 cents. It is spinning our wheels.

Who pays income takes as a small business person are people like a Plumber from Ohio that will create the jobs needed by Janesville.

I seen a report over the weekend where Obama told that plumber that besides working hard he will also have to support the unwilling to work. Obama told the Plumber to share the wealth.

taxed2much, I don't really feel for you. If you are making $200k per year (you didn't mention if it was combined with your wife's) and not having anything to show for it, that's your own fault. If that is indeed your true INCOME, not revenue, then you aren't managing your money very well. If you aren't investing it or saving it, you have to be spending it on something...

I have layed off commenting on these for a while. First post. Sorry if I mis-spell but that is not my strong suit.

I am one of those that will make $250K this year. I did not last year but generally it is close to 200K. Most through my job and the rest through profits in a few business we own.

My truck has 130K miles on it, my wifes car has 90K, I do have a few older "toy" cars but if I sold them all I couldnt come close to buying one of these new SUV's. On one business we plow profits back into it and that provides a few jobs to contractors. If I paid more taxes there will be less expansion = less jobs. My point is, I dont have "extra" cash lying around to spend at will. I try to save it and pay cash. I dont get the "sharing the wealth" idea. If I had more in my pocket I just may buy a new car or two and get rid of the old beater. I feel penalized that I make too much money and Obama will force me to spend less on big items for my business. These big items provide jobs.

I know someone making 25K or 50K per year does not care, however I made that much before and even less. One year it was $3k but I did not look for any handouts or expect anyone to share the wealth.

getabike - you don't give money to the rich or the poor. You give it to the business that provide jobs. Poor people or rich people don't create jobs, companies/business does.

By the way, the rich (2% population)already pay 40% of the tax burden.

gstube: Did you read the definition of a small business or just see 98%. Otherwise thanks for the info. Obama's gonna sock it to us!

the stock market broke every record possible. then barney fife..er i mean barney frank lied and the bottom fell out. i would take bush for 4 more years over 1 year of obama!!!!

SOCIALISM;any of various social systems based on shared or government ownership and administration of the means of productions and distribution of goods.
FACISM:a political philosophy, movement, or regime that exhalts nation and often race and stands for a centralized autocratic often militaristic government.
COMMUNISM:a social organization in which goods are held in common. a theory of social organization advocating common ownership of means of prduction and distribution of products of indystry based on need. a system of government in which one party controls state-owned means of production.
DEMOCRACY: government by the [people;esp : ;rule of the majority. a government in which the supreme power is held by the people. a political unit: the principles and policies of the Democratic party in the U.S. The common people esp. when constituting the source of politcal authority. the absense of hereditary or arbitary class distinctions or privileges.
Which policy do we follow and who is the leader? The choices we make will lead us down that path. Here's hoping we make the right choice----After all, what do we have to lose?

Do some research into Socialism and Communism and who these people support.

Thought we defeated this once.

Note - - They do not have their own candidate running -- wonder why ?

http://cpusa.org/article/articleview/907...

Zoom I will not walk by your command. So long as I respect others I can voice my thoughts. I have read your past post for 6 months, and you show no respect for others, and talk down to others that do not see thing your way. I am just applying the facts I know which are true in a post.

Since, not sonce.

Sonce polert can't seem to stay, or start, on topic, I'll play along.

"Families making more than $250,000 will pay either the SAME or LOWER tax rates than they paid in the 1990s. Obama will ask the wealthiest 2% (2%!) of families to give back a portion of the tax cuts they have received over the past eight years to ensure we are restoring fairness and returning to fiscal responsibility. But no family will pay higher tax rates than they would have paid in the 1990s. In fact, dividend rates would be 39 percent lower than what President Bush proposed in his 2001 tax cut."
http://www.barackobama.com/taxes/

Trickle down economics works ok we just need to ride the tide, and it will be fine.
Just a thought for you to consider, how do people get rich. They spend many years getting educated on the basics, then move on to higher education, struggle their way through many failed ideas, and one day find their pot of gold.
Lesson is if there is no pot of gold the human animal will not be motivated.

Polert,
You obviously understand neither Soviet economics nor Obama's tax plan. Obama's tax plan is not comparable at all to the actual (or your imagined) Soviet economy. Wealthy paying slightly more in taxes so that hard-working Americans with lower wages can pay a little bit less is hardly equatable to any real or imagined Soviet system. Such hyperbole is certainly going to get us nowhere.

More bad news about the economy. Still not as bad as 2001 though, so hopefully it'll turn around soon before it gets to that point.

98% of the wealthy aren't wealthy because of their peers. They're wealthy because of the middle/lower class. So if you were smart, you wouldn't bite the hand that feeds. The "trickle" down theory works - but only in reverse. The more you give to the middle/lower class, the more that ends up in the coffers of the wealthy. Look at the recent explosion of sales at your big box stores - it wasn't the truly "rich" out buying. It was all off the "poor" out buying the big screen tv/computers/new appliances. Same with the vehicles. They relaxed the lending standards and opened it up to all the poor. So regardless of your industry - if the poor suffer, then you suffer. So don't give me that line about who's working harder! Because I can guarantee that when the "poor" suffer - you WILL be working harder.

Read "Millionaire Mind" and maybe you'll understand what it really means to be "rich".

Janesvillian

As an auto dealer, That is because the big 3 have toooooo many dealerships. Ford 6500 gm 7300 or so I mean really do we need a car store on every corner, and look at the achievments made by others that have less Toyota 1600 Honda areound the same Kia 600 Subaru 600 Nissan 1200 gee do you think that only 700 will close, got news for ya its gonna be alot more than that for any of them to be successful

Bella,you are very well aware of what I am saying. Obamazombies are following this guy as if he’s a God; brain-washing little children to sing his praises….I would say that’s somewhat “cult-ish”. He has socialist tendencies, fears nuclear energy is arrogant beyond words and if he handed you a glass of kool-aid and told you to drink up, I guarantee that you and all of the other whack-jobs out there, would do just that! Belly up to the bar folks, what will it be red or purple?

After reading all the posts here and elsewhere on the GazetteExtra, people should spend at least ten minutes looking into the Libertarian party. There's no law that says you have to vote Democrat, or Republican. Since Ron Paul isn't running, Libertarian seems the only choice for me. I can't in good conscience vote for either major party candidate knowing all too well both are basically the same monkey dressed in different skirts. BTW: How's that bailout going? Stock rally? Jobs?

If the auto dealership cannot make enough to afford to keep people working now, how will increasing his taxes create jobs under Obama?

A country in recent history fell because this type of government. USSR Anyone? Crops rotted in the field, production lines stopped, and people went hungry. This is because the human animal will not do anything if there is not a incentive. If others get a free ride I want a free ride also.

mrssmith1988 - what's your problem with kool-aid? Is there something you wanna say?

Gosh, prolert, how many times are you going to post that video? Twenty? Forty? Is that all you have to contribute, no matter what the topic is?
.
The topic here is the auto industry. According to the chair of the National Association of Auto Dealerships, he expects 700 dealers to close this year, an unprecedented number. That's more than double the number that closed two years ago and around 3% of the total.
http://www.iht.com/articles/ap/2008/10/0...

McCain is "that one" that would put us further in the hole. Go to an INDEPENDENT comparison of McCains and Obama's tax policies . Both would put us further in debt (Obama by 2+ trillion and McCain by 3+ trillion). However, under McCain, the wealthiest (approx.10%)would pay less of their income in taxes. The majority of Americans do not get their income from investments so taxing capital gains and investment dividends would have little effect on over 90% of the population. As for socialism, there are many socialist programs already in place. Just look at the recent bank bailout package, or social security, or Medicare. Some programs serve the general population better under a socialist format than hoping someone in the free enterprise system can provide the same service for a profit. Andrea is wrong, consumers drive the economy. Fox news is the most biased of any network and they willingly admit it. If you want unbiased information you need to work a little to find it but its out there. A better informed public makes better choices (at least in theory).

mrssmith1988 - amen. Don't penalize the productive. That is capital socialism. That will take away the initiative to succeed and....wait a minute. Why am I explaining it to them? They won't get it anyway. They want to know what the country can do for them.

rockstar.....put down the glass and step away from the koo-aid. I am not opposed to paying my share of taxes however I have a huge problem with income redistribution. Just because person A has less wealth then person B does not mean that "successful" Mr. B should have to hand out his hard earned dollars....can you say Communism?

polert, I know the comments you're talking about. Here's my thing. If your INCOME is $250K+, what's the problem with being taxed a little more? Honestly, I make 1/4 of that. I'm with Obama. Spread the wealth. That's too bad that taxes might go up for you. Guess you'll have to cancel that trip to Aspen this week, jetsetter!

Really, though, I make jest and was being half sarcastic. If I was a small business owner that had $250K in INCOME (what was netted = revenue minus payments = profit = INCOME), I probably wouldn't feel the pinch too much at all!

I love how as many as 5 people on the Gazette blogs here take that same quote (that was taken out of context anyway) and twist it to their liking. Sheesh!

If you do not believe my post check for yourself. http://www.youtube.com/watch?v=RuSMS17sh.... Listen to the commentary afterwards as well.

I bet you're wrong, mrssmith1988. You hand out several dimes in the form of taxes. And you honestly think things will be better with McSame and Pain? Look at the economy now. McCain is just 4 more years of the last 8 which we are all more than tired of.

But on a different note, you don't have room to complain if you don't vote so make sure you do!!!

Well put polert....wish more people would put down the kool-aid and realize how devastating it would be for our country if "nobama" gets elected. Our economy is in bad shape now but will only get worse with "that one" in office. Personally I do not want to be neighborly or share my wealth. Have some pride people, get out of the "nobama welfare line", get a job and earn your own living. This American is not handing out a dime!

After the report I seen from a meet/greet line in Ohio over the weekend where a plumber/owner operator ask Obama why Obama want to raise his taxes. Obama replied I want to spread the wealth. Which means take from the hard working, and give to the unwilling to work. Employer Bergstroms would be under Obama taxed more which will cause less profits equalling more layoffs.