Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?

To: puborectalis who wrote (7709)	2/26/2009 9:48:51 AM
From: Bill	Respond to of 103300

Do those new tax regs apply to Obama cabinet members too?

To: puborectalis who wrote (7709)	2/26/2009 10:00:16 AM
From: longnshort	Respond to of 103300

"unfair for high-income people to get a bigger tax break than middle-income people" but not unfair to pay at a higher rate, typical socialist

To: puborectalis who wrote (7709)	2/26/2009 10:04:08 AM
From: longnshort	1 Recommendation Read Replies (1) \| Respond to of 103300

and he's gonna increase taxes on small businesses, that should cost jobs, Ophoney is a moron

To: puborectalis who wrote (7709)	2/26/2009 12:49:21 PM
From: Wayners	Respond to of 103300

I want high taxes on the idle rich...nobody else.

To: puborectalis who wrote (7709)	2/26/2009 1:06:34 PM
From: GROUND ZERO™	Read Replies (2) \| Respond to of 103300

Hey, I have an idea, let's punish success and reward laziness... GZ

To: puborectalis who wrote (7709)	2/26/2009 5:18:02 PM
From: DuckTapeSunroof	Respond to of 103300

Re: "...Under existing law, the tax benefit of itemizing deductions rises with a taxpayer’s marginal tax bracket (the bracket that applies to the last dollar of income). ...The White House says it is unfair for high-income people to get a bigger tax break than middle-income people for claiming the same deductions or making the same charitable contributions." That seems straight forward. (Still... a massive simplification of the overly-complex and corrupted tax codes would be preferable to mere tweaking... but I suppose that there are quite a number of areas that can be tweaked in the short-run with an eye out for restoring a bit more fairness....)

To: puborectalis who wrote (7709)	2/26/2009 5:19:43 PM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 103300

Policy shift will avert $9 trillion deficit - Orszag Thu Feb 26, 2009 11:29am EST reuters.com WASHINGTON, Feb 26 (Reuters) - President Barack Obama's budget director said on Thursday that without a shift in policies the U.S. deficit would reach $9 trillion over the next decade. White House budget chief Peter Orszag said the Obama administration's budget outline reflects costs for the war in Iraq and other items that were previously not included in the budget. "All told we are showing $2.7 trillion in costs in this budget that were excluded from previous budgets and I think that is a mark of the honesty and responsibility contained in this document," he said. (Editing by Jackie Frank) © Thomson Reuters 2009 All rights reserved