Taxes

Well, then, maybe you'll appreciate the tax break you will see under his administration.

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mCcain gives back rich. Obama to give back to middle class. Simple as that. I have never attended any institute of higher lurnin so that makes me sure I am right. Too much knowledge a dangeris thingie.

So Obama plans to let the Bush tax cuts expire. That equates to more $ from our pockets, just in a different form. If that's not bad enough, see below--and Snopes is leftist, so they wouldn't publish this unless it were true. They probably cringed as they posted it. Y'all must be making some huge bucks at MQ to want even more $ taken out of your checks. If so, then why all the griping about lost wages? Can't have it both ways!

We could resolve this financial crisis by CLOSING the books on the fourteen listed programs..............WHERE IS THE CONGRESS???

Read this! It will open your eyes for sure!

Don't miss the Total at the bottom.

WONDER WHY YOU DON'T HEAR MUCH ABOUT THIS IN THE DEBATES. NONE OF THE
PEOPLE THAT RUN THE DEBATES (TV NEWORKS), WHO ASK THE QUESTIONS WILL
ALLOW THIS TYPE INFORMATION

TO GET OUT TO THE PUBLIC.

THE DEMOCRATS AND THE REPUBLICANS GO HIDE WHEN THESE QUESTIONS ARE
ASKED, WHY? WHAT COSTS MORE PER YEAR THAN THE IRAQ WAR?

Answer: Illegal Aliens Cause Massive Cuts For US Seniors. I hope the fo llowing 14 reasons

are forwarded over and over again until they are read so many times that the reader gets sick

of reading them. I have included the URL's for verification of the following facts:

1. $11 Billion to $22 billion is spent on welfare to illegal aliens each year. http://tinyurl.com/zob77

2. $2.2 Billion dollars a year is spent on food assistance programs such as food stamps, WIC, and

free school lunches for illegal aliens. http://www.cisorg/articles/2004/fiscalexec.html ht

tp://www.cis.org/art icles/2004/f/iscal.html

3. $2.5 Billion dollars a year is spent on Medicaid for illegal aliens. http://www.cis.org/articles/2004/fiscalexec.html

4. $12 Billion dollars a year is spent on primary and secondary school education for children here illegally

and they cannot speak a word of English! http://transcripts.cnn.com/TRA! NSCRIPT S/0604/01/ldt.0.html

5. $17 Billion dollars a year is spent for education for the American-born children of illegal aliens, known as

anchor babies. http://transcripts.cnn.com/TRANSCRIPTS/0604/01/ldt.01.html

6. $3 Million Dollars a DAY is spent to incarcerate illegal aliens.
http://transcripts.cnn.com/TRANSCRIPTS/0604/01/ldt.01.html

7. 30% percent of all Federal Prison inmates are illegal aliens.

http://transcripts.cnn.com/TRANSCRIPTS/0604/01/ldt.01.html

8. $90 Billion Dollars a year is spent on illegal aliens for Welfare and Social Services by the American taxpayers.
http://premium.cnn.com/TRANSCIPTS/0610/29/ldt.01.html

9. $200 Billion Dollars a year in suppressed American wages are caused by the illegal aliens.
http://transcripts.cnn.com/TRANSCRIPTS/0604/01/ldt.01.html

10. The illegal aliens in the United States have a crime rate that's two-and-a-half times that of white non-illegal

aliens. In particular, their children, are going to make a huge additional crime problem in the US.

http://transcripts.cnn.com/TRANSCRIPTS/0606/12/ldt.01.html

11. During the year of 2005 there were 4 to 10 MILLION illegal aliens that crossed our Southern Border also,

as many as 19,500 illegal aliens from Terrorist Countries. Millions of pounds of drugs, cocaine, meth, heroin

and marijuana, crossed into the U. S from the Southern border. Homeland Security Report.
http://tinyurl.com/t9sht

12. The National Policy Institute, 'estimated that the total cost of mass deportation would be between

$206 and $230 billion or an average cost of between $41 and $46 billion annually! over a five year period.'
http://www.nationalpolicyinstitute.org/pdf/deportation.pdf

13. In 2006 illegal aliens sent home $45 BILLION in remittances back to their countries of origin.

http:/ /www.rense.com/general75/niht.htm

14. 'The Dark Side of Illegal Immigration: Nearly One Million Sex Crimes Committed by Illegal Immigrants

In The United States'. http://www.drdsk.com/articleshtml

Total cost is a whooping... $338.3 BILLION A YEAR!!!

If this doesn't bother you then just delete the message, but on the other hand, if it does raise the hair on

the back of your neck, then forward it. Snopes is provided for doubters: http://www.snopes.com/politics/immigration/bankofamerica.asp

SEND THIS TO ALL YOU KNOW. THE ENTIRE POPULATION OF THE UNITED STATES NEEDS TO

KNOW THIS INFORMATION, UNLESS THEY DON'T MIND SHARING THEIR SOCIAL SECURITY WITH

ILLEGAL ALIENS WHO DIDN'T PAY A DIME.

LET US SHOW OUR LEADERS IN WASHINGTON 'PEOPLE POWER' AND THE POWER OF THE INTERNET.

IT DOESN'T MATTER IF YOU ARE REPUBLICAN, DEMOCRAT OR INDEPENDENT! KEEP IT GOING.

come from (state or federal) they will still rise because of the cap and trade Obama wants to institute. IMO, still his fault because he said himself during his campaign that this would make energy costs skyrocket. He knows instituting cap and trade will raise costs for all consumers. Why do some people continually give Obama an excuse for everything. Nothing will ever be his fault. He is so perfect and wonderful and who cares if he does something that will end up raising prices on utilities, gas, groceries, etc. Not like are economy is suffering or anything or that people are barely getting by. But hey.....Obama is such a great guy...gosh darn it.

Actually, I had the same thing happen. I know you're mad. So am I. But you absolutely must remember the core truth -- the reason you had a tax bill that was more than your fair share and more than you could come up with by April 15th in the FIRST place was because democrats are leaning on you to fund the vote-buying giveaways with YOUR labor, YOUR income which they believe to be theirs. You are supposed to thank democrats for what they LEAVE you with, not grumble that they enforce their sick idea of social justice and obligation on people who actually get up in the morning and go work. I did the math. I had some of their constituency who are sucking on the government teat live with me for a homeless few months. I will never do that again. We are rapidly approaching a point in this country where half the country is living free off the other half. This economy will collapse when more than half live off less than half. Meaning me. And you. Remember, that you will never qualify for any government benefits under democrats because you work. You will however, qualify for their giveaway program, just not as a givee. At least the Republican plan is to share the burden of common needs (roads, defense) and let people who work hard keep as much as possible. Don't get me wrong. I am no lover of that RINO capitulator our party is running. He's made good press and put forth his false front of courage and honor, but every time he has had a chance to take a stand since he got into politics, he has compromised with the socialists. Please don't forget -- Socialism has failed everywhere it's been tried and it always will. Nonconfiscatory capitalism works. Unfortunately, we don't have that in America anymore. But we do have socialism. All socialist economies eventually collapse to third world status unless they are coupled with a political system of tyrrany and fascism. Please don't vote for the communists.

it won't be Obama, it will be your state and local govt with extra fees on your cell phones, internet, cable, gas, etc.........get it? State and local - not federal

any kind for 95% of the American people. This is just going to kill the people who are already struggling to make ends meet. Not to mention the high prices that will come if they get cap and trade passed. Why don't people in Washington get this? All they talk about are the sacrifices that we are all going to have to make and they do nothing but keep spending. Where is the sacrifice on their end, huh? We need to fix this economy and stop the constant spending by our government.

I'm so sick and tired of this. I work to make money and they are just going to take more and more of what I earn. I've always been responsible with my money and have excellent credit but how I am going to continue to make ends meet if this keeps up? It is pretty sad when responsible people are scared this will bring them down as well. I guess the rich will just have to pay for everything because there won't be a middle class left the rate things are going.

Everyone has to know about this. I posted this on the tax board and main board, too. If PA gets away with this, all states are liable to start doing it.

How desperate are the governors getting? PA sent out tax forms to everyone that bought cigarettes from a Native American reservation and they want their tax money. One woman in PA was hit up for over $4,800 and last week, they slapped a Sheriff's Sale sign on her property.

Now, my DH received a letter today. They want anyone in business who bought anything from out-of-state companies (office supplies, equipment, tools, etc.) that don't reciprocate taxes to PA, to pay up. This doesn't just apply to last year. This goes all the way back to 1981!!! Since when, since records do not have to be kept after a certain amount of years, how can they do this? DH doesn't have to worry about it that much. He usually always buys in PA.

It's bad enough the governor is "threatening" to raise property taxes if he can't pass the higher income tax, but now this. I think our state government should stop the spending like he's always done. We're broke, yet he keeps handing out money.

What kind of government do you call this? More like communism than socialism. They can kiss my butt. I paid sales tax every year I was an IC since we had to charge clients 6% and had a client I didn't know was tax exampt. So they received almost $4000 extra from me, which my great financial advisor at the time did not deduct the extra off our income taxes.

Okay, this is the one area Democratics leaders always try to mislead the American public on:

The rich get major tax breaks.
The rich get all of the Bush tax cuts.
The rich pay no taxes.

Of course they never want to explain what an unproportional percentage the wealthy in this country pay to taxes. Now to the FACTS from the Department of the Treasury:

The latest data is from the 2002 taxes. The following incomes split levels from the IRS are (% of total individual income tax in parenthesis):

Top 1%: above $ 285,424 (33.71%)
Top 5%: above $ 126,525 (53.80%)
Top 10%: above $ 92,663 (65.73%)
Top 25%: above $ 56,401 (83.90%)
Top 50%: above $ 28,654 (96.50%)
Bottom 50%: below $ 28,654 (4.50%)

The President's Tax cuts actually increase the burden on the wealthy while providing greater relief to the bottom 50 (who are not contributing proportionally to the federal coffers).
DEPARTMENT OF THE TREASURY
Office of Public Affairs
March 2, 2005
FACT SHEET: Who Pays the Most Individual Income Taxes?

The individual income tax is highly progressive � a small group of higher-income taxpayers pay most of the individual income taxes each year.

� In 2002 the latest year of available data, the top 5 percent of taxpayers paid more than one-half (53.8 percent) of all individual income taxes, but reported roughly one-third (30.6 percent) of income.

� The top 1 percent of taxpayers paid 33.7 percent of all individual income taxes in 2002. This group of taxpayers has paid more than 30 percent of individual income taxes since 1995. Moreover, since 1990 this group�s tax share has grown faster than their income share.

� Taxpayers who rank in the top 50 percent of taxpayers by income pay virtually all individual income taxes. In all years since 1990, taxpayers in this group have paid over 94 percent of all individual income taxes. In 2000, 2001, and 2002, this group paid over 96 percent of the total.

The President�s tax cuts have shifted a larger share of the individual income taxes paid to higher income taxpayers. In 2005, when most of the tax cut provisions are fully in effect (e.g., lower tax rates, the $1,000 child credit, marriage penalty relief), the projected tax share for lower-income taxpayers will fall, while the tax share for higher-income taxpayers will rise.

� The share of taxes paid by the bottom 50 percent of taxpayers will fall from 4.1 percent to 3.6 percent.

� The share of taxes paid by the top 1 percent of taxpayers will rise from 32.3 percent to 33.7 percent.

� The average tax rate for the bottom 50 percent of taxpayers falls by 27 percent as compared to a 13 percent decline for taxpayers in the top 1 percent.

Summary of Federal Individual Income Tax Data