What (if any cuts) will you make after your taxes go up?

[mastoidbone]

Between CA raising income tax, new ACA taxes, and SS, etc etc---what will you do or not do?


1) I have cut my housekeeper days to save about $1200 a year
2) will take 1 less week of vacation (so less $ for plane, resort, etc)
3) have reduced my internet/cable/phone package to save $500 a year
4) will work 1 week extra
5) reduced landscaping needs and services i will pay for by about $800
6) will give less to local co-op that took local workers and trained them for manufacturing jobs and artisan skills that made then more productive---$2000


doing all that should allow me to have the same after tax income I had before. This will cost my local economy and my employees.....the opposite effect desired i would assume by Obama. But I assume I am not the only one.....

[wgbgator]

I think the end of the payroll tax holiday will have more of an economic impact than individual rich people spending slightly less. Whatever the impact you think your reduction in spending has its negligable compared to a tax that almost every single person working pays. People will have ~ 2.2% less take home money per check.

[madgator]

according to Warren Buffett, people don't make decisions based on tax implications.

[kygator]

Can't I just increase my spending and ignore the growing debt?

[gator929]

I am going to work towards my promotion so i can get a small raise. I will also cut back on dining out. So in my case, i will be raising income and cutting spending.

[wgbgator]

Can't I just increase my spending and ignore the growing debt?

It would be better for the economy if you did. Bad for you individually, probably.

[QGator2414]

according to Warren Buffett, people don't make decisions based on tax implications.

:grin:

Which is why he is for the estate tax and is sheltering most of it to the Gates foundation...

[G8trGr8t]

I'm thinking that maybe I will catch the flu, fall and hit my head, have a concussion that prevents me from thinking so hard, go on permanent disability, and then work for cash.

or

taking advantage of my good credit rating, run up some ungodly amount of debt while hiding cash, and then declare bankruptcy and change my party affiliation so I can get those how to milk the system guides mailed to me while i fight foreclosure and skip house payments for a couple of years.

seriously...will try and find some additional private consulting work as a professional witness and/or reduce vacation spending by doing more hiking, staying in cheaper places, and taking less paid tours / horseback, fishing trips

[Rawpimple]

Unfortunately, our plan is to eliminate the people who clean our house every other week, and our babysitter/nanny. The kid is going to attend a much cheaper daycare and we will have to make some sacrifices at work to accommodate that. We will reduce our vacations and times eating out. While taxes are going up this year, I am more fearful of what will happen with taxes in the future.

[wgbgator]

These threads are all amusing juxtaposed with some of the same folks advocating "tough medicine" or "short term pain" on other threads. It really is just about who's ox is getting gored in democracy, isnt it?

[mastoidbone]

well---the ox getting gored the most for past 30 or so years is the next generation---on whom pubs and dems have been feasting on...

[bluelang]

My plan is just to double my income and buy a bigger boat.

[bluelang]

But then again I clean my own damn house.

[AustinGator1]

Been preparing for over a year now. We paid off our mortgage last year which saved us several years of payments but we are still setting aside the monthly payment in our budget because we knew taxes and everything else will keep going up.

For this year we paid for our 2013 vacations in 2012 (a family cruise to the Carribean and we will be going to China for a couple of weeks were all paid for months ago). We won't be going out to eat too much in 2013. Save every penny we can. We paid for various optional house fixing up during 2012 and currently are not planning for any in 2013 other than those things you can't control.

Long story short we bought low on the things we could in 2012 and plan on spending less in 2013.

Hopefully, it will all work out.

[philnotfil]

First world problems :)

[urg8rbait]

It would be better for the economy if you did. Bad for you individually, probably.

If its probably bad for the individual then its probably also bad for the economy.

[brainstorm]

I will have to make cuts somewhere. I may have to find a cheaper place to live. Regardless, it makes saving up money to help fund retirement, buy a house or replacement car all the more difficult.

[G8trGr8t]

These threads are all amusing juxtaposed with some of the same folks advocating "tough medicine" or "short term pain" on other threads. It really is just about who's ox is getting gored in democracy, isnt it?

if you are going to gore the ox, at least clean and preseve the beef.

this tax and spend gubmnt gores the ox and then leaves the meat to the jackals to eat.

if every penny raised from increased taxes was earmarked to pay off debt and each dollar raised was matched by 3 dollars in real deficit reduction in this budget, there would be a lot less objection..but instead we get tax some more, spend a lot more, print a whole lot more

ps..see the action on the price of oil today?:wave:

[wgbgator]

If its probably bad for the individual then its probably also bad for the economy.

Unfortunately, not really. Whatever debt you accumulate is also an asset to someone else. It can be bought and sold, bundled with other debt, and needs to be serviced by someone during its life (creating jobs). Even if you fail to pay it, someone else will buy it for pennies on the dollar and try to collect it in order to profit. Welcome to capitalism.

[viningsgator]

The payroll tax hike is going to be brutal on the zombie Obama voters. Fellel sorry for the HR managers who are going to get overwhelmed with complaints that the company screwed up theirb pay check.

Honestly the new taxes wont affect our behaviour but I'd rather decide where it went then some no name DC slaker

[QGator2414]

The payroll tax hike is going to be brutal on the zombie Obama voters. Fellel sorry for the HR managers who are going to get overwhelmed with complaints that the company screwed up theirb pay check.

Honestly the new taxes wont affect our behaviour but I'd rather decide where it went then some no name DC slaker

I have told our employees to be prepared for a smaller net...

[urg8rbait]

Unfortunately, not really. Whatever debt you accumulate is also an asset to someone else. It can be bought and sold, bundled with other debt, and needs to be serviced by someone during its life (creating jobs). Even if you fail to pay it, someone else will buy it for pennies on the dollar and try to collect it in order to profit. Welcome to capitalism.

Who said debt was a bad thing? In fact debt is an importantly good thing.

[GatorAbe7]

Between CA raising income tax, new ACA taxes, and SS, etc etc---what will you do or not do?




I will start by eating Lentils.

Seriously - for lunch at work I will eat a can of food that I've bought from the store for only $1-2 and wait for a larger meal when I get home for dinner.

I have already downsized by getting rid of my car, though savings won't kick in until the last of my insurance payments ($200 left) are paid off on my credit card.

[Row6]

Between CA raising income tax, new ACA taxes, and SS, etc etc---what will you do or not do?


1) I have cut my housekeeper days to save about $1200 a year
2) will take 1 less week of vacation (so less $ for plane, resort, etc)
3) have reduced my internet/cable/phone package to save $500 a year
4) will work 1 week extra
5) reduced landscaping needs and services i will pay for by about $800
6) will give less to local co-op that took local workers and trained them for manufacturing jobs and artisan skills that made then more productive---$2000


doing all that should allow me to have the same after tax income I had before. This will cost my local economy and my employees.....the opposite effect desired i would assume by Obama. But I assume I am not the only one.....

Far be it from me to question the personal choices made by others but since you offered them up, what's the point of maintaining the same after tax income if you'll be living in a filthy house and your French garden isn't properly clipped. BTW, I thought you claimed to favor tax increases yet the behavior described indicates a punitive reaction on your part. Why do you favor tax increases if your list is serious - which I doubt.

[neisgator]

As an owner of two small businesses, I will be cutting payroll, and not expanding my business.

[Row6]

As an owner of two small businesses, I will be cutting payroll, and not expanding my business.

Because of not wanting to pay another 4% tax on net income above $450k?

[neisgator]

Because of not wanting to pay another 4% tax on net income above $450k?
That and further uncertainty...along with obamacare issues

[g8orbill]

Ihad a meeting with all my employees earlier this week to explain this prior to them receiving their first pay check of the year-they still groused when they got paid-all I said was hey you voted for the ........

[gatordowneast]

Haven't noticed any lefty libbies announcing budget cuts on the thread. I imagine they are determining if their guvmint checks will have deductions or increases prior to responding? When one has no intention of working, earning ordinary income and having to pay taxes, I imagine they are putting on their cheerleading skirts and cheering Obama on?

[Row6]

Ihad a meeting with all my employees earlier this week to explain this prior to them receiving their first pay check of the year-they still groused when they got paid-all I said was hey you voted for the ........

Bill, if Obama hadn't been elected they never would have gotten the payroll tax they enjoyed for the last two years. C'mon man, you know this.

[Row6]

I have told our employees to be prepared for a smaller net...

Because your employees make over $450k or because the Obama stimulus payroll tax ended?

[Row6]

Haven't noticed any lefty libbies announcing budget cuts on the thread. I imagine they are determining if their guvmint checks will have deductions or increases prior to responding? When one has no intention of working, earning ordinary income and having to pay taxes, I imagine they are putting on their cheerleading skirts and cheering Obama on?

Say what? How many on TH make over $450k or feel the SS holiday was a major part of their budget planning? Most here don't seem to understand they were even getting it. For those making over $450k, good for you, but if you want sympathy take it to the club house.

[QGator2414]

Because your employees make over $450k or because the Obama stimulus payroll tax ended?

Because FICA was was almost certainly going up...

[ncbullgator]

Hey Row, is there ever a day when you can stop mocking the values of the posters who work hard and take personal responsibility for their lives? The changes they are making are healthy and sensible.

I don't think I have ever read where you criticize the laziness and ignorance of millions of Americans who demand their neighbors pay their bills.

:nervous smile:

[Row6]

Hey Row, is there ever a day when you can stop mocking the values of the posters who work hard and take personal responsibility for their lives? The changes they are making are healthy and sensible.

I don't think I have ever read where you criticize the laziness and ignorance of millions of Americans who demand their neighbors pay their bills.

:nervous smile:

Forgive me but I'm confused by the values of those bemoaning their fate for having to pay an extra 4% on income above $450k while mocking those lowly employees who might actually notice their Obama stimulus 2% SS holiday ending.

[g8orbill]

Bill, if Obama hadn't been elected they never would have gotten the payroll tax they enjoyed for the last two years. C'mon man, you know this.

nor all the debt he has incurred
nor all the debt your beloved obamacare is going to cost us
nor all the additional taxes incurred because of your beloved obamacare

[AustinGator1]

Forgive me but I'm confused by the values of those bemoaning their fate for having to pay an extra 4% on income above $450k while mocking those lowly employees who might actually notice their Obama stimulus 2% SS holiday ending.



I don't see anyone 'bemoaning' anything. I see many people answering the very straightforward question that started this thread.

I also did see you making fun of some of them while they shared some of the things they are doing to be fiscally responsible. Being such an apologist for Obama I am guessing you will have to go look up that last phrase.

Prices are going up and income will be going down this year. Spin it however you want but it all comes down to that.

You can either be prepared or you can make fun of those who are getting prepared.

[Row6]

nor all the debt he has incurred
nor all the debt your beloved obamacare is going to cost us
nor all the additional taxes incurred because of your beloved obamacare

All that is why the SS tax holiday is ending? That is after all what you said you mentioned to them. I think you might have left out the part about how they never would have gotten it all without Obama and that if it wasn't a negotiating chip to get Republicans to agree to raise rates on those above $450k income they'd probably still have it.

[g8orbill]

row- I was against the tax holiday in the beginning as it was merely a ploy by the 47%ers prez to fulfill his campaign promise-

I love how they are upset about getting paid less and the fact that their and your beloved 47%ers prez agreed to the rise- I plan on telling them everytime they complain that they can thank the 47%ers prez

I wanted the pubs to stand firm and demand real cuts and get real cuts before they caved on this deal

there will be no real cuts and I will surprised if Harry Reid passes a budget-this is what the 47%ers wanted- let them reap what they have sewn

[Row6]

I don't see anyone 'bemoaning' anything. I see many people answering the very straightforward question that started this thread.

I also did see you making fun of some of them while they shared some of the things they are doing to be fiscally responsible. Being such an apologist for Obama I am guessing you will have to go look up that last phrase.

Prices are going up and income will be going down this year. Spin it however you want but it all comes down to that.

You can either be prepared or you can make fun of those who are getting prepared.

Yes paying an extra 4% on income above $450k is causing some serious belt tightening. Poor Biff will have to settle for an Acura instead of a Beamer for his senior year at Choate. And to hell with the new 1/4 mile boxwood hedge maze in the french gardens. It's worth it for the country and you know, the debt.

[Matthanuf06]

The payroll tax is going to have a huge impact on my family. I wouldn't mind if it was going to pay the debt, but it goes to people who failed to bust their butt of like my wife and I so they can live like my wife and I.

[g8orbill]

matt- it is all about supporting the 47%ers with the 53%ers money

[Row6]

row- I was against the tax holiday in the beginning as it was merely a ploy by the 47%ers prez to fulfill his campaign promise-

I love how they are upset about getting paid less and the fact that their and your beloved 47%ers prez agreed to the rise- I plan on telling them everytime they complain that they can thank the 47%ers prez

I wanted the pubs to stand firm and demand real cuts and get real cuts before they caved on this deal

there will be no real cuts and I will surprised if Harry Reid passes a budget-this is what the 47%ers wanted- let them reap what they have sewn

bill you don't have your facts straight. The SS tax holiday was not part of any Obama campaign promise and was not even enacted until Jan 2011 when it was part of what Obama asked for from Republicans in order to sign off on extending the Bush tax cuts for another 2 years (or until now). They were not in favor but gave in as a concession. Perhaps you are confusing it with the income tax break 95% of Americans received on their 2009 and 2010 taxes as part of the original stimulus.

[Row6]

The payroll tax is going to have a huge impact on my family. I wouldn't mind if it was going to pay the debt, but it goes to people who failed to bust their butt of like my wife and I so they can live like my wife and I.

Your wife is back to where she was before Obama got the SS tax holiday in a trade off with Republicans on the Bush tax cuts in Jan 2011. If he totally had his way in the recent agreement she would still have it.

[g8orbill]

it seems we were both off a bit

http://www.toledoblade.com/Economy/2013/01/03/With-fiscal-cliff-deal-social-Security-tax-holiday-to-end-cutting-into-paychecks.html

from the article:
At Mr. Obama’s urging, Congress passed a temporary measure in 2010 to reduce the rate workers pay into Social Security from 6.2 percent to 4.2 percent. Though never meant to be permanent, the cut was extended twice to last through the end of 2012.

[AustinGator1]

Yes paying an extra 4% on income above $450k is causing some serious belt tightening. Poor Biff will have to settle for an Acura instead of a Beamer for his senior year at Choate. And to hell with the new 1/4 mile boxwood hedge maze in the french gardens. It's worth it for the country and you know, the debt.



Anyone who really believes the only thing happening this year is 'an extra 4% on income above $450k' then they are more a fool than an apologist.

[g8orbill]

Anyone who really believes the only thing happening this year is 'an extra 4% on income above $450k' then they are more a fool than an apologist.

+1

[Matthanuf06]

Your wife is back to where she was before Obama got the SS tax holiday in a trade off with Republicans on the Bush tax cuts in Jan 2011. If he totally had his way in the recent agreement she would still have it.

Being "back" to where we were? What type of logic is that? It's a tax increase, no matter how you slice it.

And we aren't where we were a couple years ago given the crappy dollar and crazy debt. We are going to need all the tax breaks we can get to pay for the coming inflation

[g8orbill]

the 47%ers and their prez want theirs and yours too Matt

[gatordowneast]

Yes paying an extra 4% on income above $450k is causing some serious belt tightening. Poor Biff will have to settle for an Acura instead of a Beamer for his senior year at Choate. And to hell with the new 1/4 mile boxwood hedge maze in the french gardens. It's worth it for the country and you know, the debt.

More typical envy. I would much rather the extra 4%, for those in that category, (and I hope to be in that category in 2013) keep the extra money, spend it locally or invest it to create more opportunity. Much better than giving it to Harry Reid and Obama who will not use it for deficit reduction, but will in fact attempt to leverage it for more spending, most likely with union involvement.

Democrats realize that the more money in the people's pockets, the better for the economy, right? If not, why did they vote to make the Bush tax cuts permanent? So if it works for some, why would it not work for all?

[Row6]

it seems we were both off a bit

http://www.toledoblade.com/Economy/2013/01/03/With-fiscal-cliff-deal-social-Security-tax-holiday-to-end-cutting-into-paychecks.html

from the article:
At Mr. Obama’s urging, Congress passed a temporary measure in 2010 to reduce the rate workers pay into Social Security from 6.2 percent to 4.2 percent. Though never meant to be permanent, the cut was extended twice to last through the end of 2012.

The measure was negotiated in very late 2010 (after the midterms) and did not take effect until Jan 2011.

[Row6]

Being "back" to where we were? What type of logic is that? It's a tax increase, no matter how you slice it.

And we aren't where we were a couple years ago given the crappy dollar and crazy debt. We are going to need all the tax breaks we can get to pay for the coming inflation

Back to where we had been for well over 30 years, which is how long I have been writing pay checks. The tax holiday on SS was never intended to be permanent by anyone and republicans would just as soon not have passed it. If you favored prolonging it I hope you voted for Obama because he would have liked to have extended it another year or two.

BTW, inflation is almost non-existent over the last 4 years since the crash - though righties are constantly warning it's about to begin - and a bigger concern was deflation.

[gatordowneast]

Back to where we had been for well over 30 years, which is how long I have been writing pay checks. The tax holiday on SS was never intended to be permanent by anyone and republicans would just as soon not have passed it. If you favored prolonging it I hope you voted for Obama because he would have liked to have extended it another year or two.

BTW, inflation is almost non-existent over the last 4 years since the crash - though righties are constantly warning it's about to begin - and a bigger concern was deflation.

Inflation is almost non-existent since the crash? Tell my wife that as she is constantly remarking about food prices increasing. Tell JEA that as my electric/water/irrigation bills do not reflect "non existent" inflation. Tell United Health Care that as our Health Insurance costs are sure going up. I do agree that from a labor standpoint, there has been little inflation in salaries or compensation costs as the Obama economy remains stuck on a treadmill.

[Matthanuf06]

Back to where we had been for well over 30 years, which is how long I have been writing pay checks. The tax holiday on SS was never intended to be permanent by anyone and republicans would just as soon not have passed it. If you favored prolonging it I hope you voted for Obama because he would have liked to have extended it another year or two.

BTW, inflation is almost non-existent over the last 4 years since the crash - though righties are constantly warning it's about to begin - and a bigger concern was deflation.

CPI isn't the best measure for inflation. And while food/gas inflation is here I wasn't talking about current, but rather future.

Look, it's obvious what the debt strategy is. Debase the currency and inflate. The printing press is going nonstop. Do you think this money will stay on the sideline forever and ever? At some point they'll hit the economy, rates will rise, creditors will step back, big inflation will hit, and that's that. Frankly it's the consensus view. The question has always been about timing.

You can easily argue deflation was the bigger issue than debt/inflation so the printing press was an ok strategy, and from an economic viewpoint in our political system I would agree. But actions have consequences, and ours are dire if we do not fix the problem at hand.

Nobody knows exactly when the velocity of money picks up and it comes off the sideline, and nobody knows exactly when our creditors step back. But it will happen, it's 100% guaranteed unless we fix the problem.

[philnotfil]

Inflation is almost non-existent since the crash? Tell my wife that as she is constantly remarking about food prices increasing. Tell JEA that as my electric/water/irrigation bills do not reflect "non existent" inflation. Tell United Health Care that as our Health Insurance costs are sure going up. I do agree that from a labor standpoint, there has been little inflation in salaries or compensation costs as the Obama economy remains stuck on a treadmill.

Inflation is over the last four years is not out of the ordinary for inflation since the 70's, if anything it is a little lower. 2010 was the first year since 1955 to average deflation for the year, or even to have deflation for a single month.

[Matthanuf06]

Inflation is over the last four years is not out of the ordinary for inflation since the 70's, if anything it is a little lower. 2010 was the first year since 1955 to average deflation for the year, or even to have deflation for a single month.

Using what measure? Do you understand what that measure includes?

[philnotfil]

CPI isn't the best measure for inflation. And while food/gas inflation is here I wasn't talking about current, but rather future.

Look, it's obvious what the debt strategy is. Debase the currency and inflate. The printing press is going nonstop. Do you think this money will stay on the sideline forever and ever? At some point they'll hit the economy, rates will rise, creditors will step back, big inflation will hit, and that's that. Frankly it's the consensus view. The question has always been about timing.

You can easily argue deflation was the bigger issue than debt/inflation so the printing press was an ok strategy, and from an economic viewpoint in our political system I would agree. But actions have consequences, and ours are dire if we do not fix the problem at hand.

Nobody knows exactly when the velocity of money picks up and it comes off the sideline, and nobody knows exactly when our creditors step back. But it will happen, it's 100% guaranteed unless we fix the problem.

What measure would you like to use for inflation?

[Dreamliner]

I'm going to take my own advice and make as little money as I need to make while doing the things I enjoy. I'm going to strive to live *beneath* my means. With so many millions of Americans trained on mine and your money, there's very little incentive to make much of it.

[PSGator66]

Zombie Obama Voters! I love it! Those folks will be wondering where their tax returns are going when the IRS deems them to have insuffiicient Health Care Coverage under Obama Care. Ignorance is not a bliss!

[Dreamliner]

Zombie Obama Voters! I love it! Those folks will be wondering where their tax returns are going when the IRS deems them to have insuffiicient Health Care Coverage under Obama Care. Ignorance is not a bliss!

They'll find a way to blame it on the Republicans.

[g8orbill]

Zombie Obama Voters! I love it! Those folks will be wondering where their tax returns are going when the IRS deems them to have insuffiicient Health Care Coverage under Obama Care. Ignorance is not a bliss!

When I explaiined this to my employees they were shocked-they all had assumed it would be free

[vaxcardinal]

given the lower paycheck, havent decided if I should spend more on lottery tickets to increase the chances of a bigger retirement fund since I now get 2% less or should I just cut back on my lottery/retirement plan and let the government make it up to me somewhere down the line.

[ThePlayer]

according to Warren Buffett, people don't make decisions based on tax implications.

Is this the same guy who suggests investors buy more real estate?

He's a walking, breathing contradiction...much like Obama.

[mastoidbone]

Row---we ALL must pay more in taxes and expect less from govt.

Since I will be paying about $12,000 more in taxes between CA and loss of deductions--i dont want it to come out of my savings or investments or my kid.

SO I will do with less, my employees will do with less, I will work more----but my PRIORITY is my future needs and kid. So i wont sacrifice my OWN savings---i will just give less to my community and my employees and work more.

It also makes sense intuitively---if i have less and govt has more----it has to come from somewhere right? either i spend less or i save less??? i have chosen to spend less and easiest places to cut are employees and their costs and travel. I will eat out a bit less---though my favorite eateries are cheap taco trucks anyways!

I expect that most americans paying more taxes will spend less as well---americans have been in a savings mood as of late---and I see this adding to the economic slowdown we have all seen since july.

But we all agree---if govt takes in more---americans will spend or save less right?

[austingtr]

I'm cutting pretty much everything (tennis lessons, unnecessary gifts, clothing, eating out, any luxury except for travel which is what we love to do). Have been cutting for the past two years. We refinanced our house to a lower rate, eliminated phones, and unnecessary internet services, cut down on on services we receive.
Hubby is also going to work less to get to a smaller tax bracket, since we have downsized, and paid off pretty much everything except half of the value of our house.

[citygator]

I am ok with the SS holiday ending. I mean, I will get that money back when I retire in 20 years anyway. Right?

[QGator2414]

Row---we ALL must pay more in taxes and expect less from govt.

Since I will be paying about $12,000 more in taxes between CA and loss of deductions--i dont want it to come out of my savings or investments or my kid.

SO I will do with less, my employees will do with less, I will work more----but my PRIORITY is my future needs and kid. So i wont sacrifice my OWN savings---i will just give less to my community and my employees and work more.

It also makes sense intuitively---if i have less and govt has more----it has to come from somewhere right? either i spend less or i save less??? i have chosen to spend less and easiest places to cut are employees and their costs and travel. I will eat out a bit less---though my favorite eateries are cheap taco trucks anyways!

I expect that most americans paying more taxes will spend less as well---americans have been in a savings mood as of late---and I see this adding to the economic slowdown we have all seen since july.

But we all agree---if govt takes in more---americans will spend or save less right?

Sadly Americans think too highly of themselves to accept this...

[gtr2x]

Don't expect to make any changes, except maybe have a little less to save/invest. I know my wife doesn't plan on spending less. All the hand wringing aside, that's the same deal I hear from friends/associates. Nobody is happy taking home less, but life goes on. The 2% FICA reduction was essentially a s/t gift anyway.

Owner of my company has been predicting doom and gloom since Obama was elected, eliminating raises and most benefits. However, he just got back from a week long fishing trip to Costa Rica and bought a new $60k truck. Certainly don't think his lifestyle will be changing at all.

[CDG8tor]

I saw what was coming and went back to work, part time, April of last year. I'm 59 years old and have a decent pension. I can pay the bills, but it's close at the end of the month.

In November a full time position opened up, I applied, and got the job. It only pays me 32.5K a year, but I absolutely love the job and am having fun with it.

Going to work maybe three years, then totally retire again.

The only negative for me, is the tought that there's someone out there without a job and no pension that needs the job more than I do.

FWIW, there were over a 100 applications for the position I took in the first week of advertising it.

CD

[gs_gator]

http://i442.photobucket.com/albums/qq145/cheekie84/dawson-crying.jpg

im going to have to cut my gardner, nanny, housekeeper, tennis lessons, green fees, international travel, foo foo dog groomer, club membership, etc....

http://d22zlbw5ff7yk5.cloudfront.net/images/stash-1-50bfea5c171ee.gif

4 pages of wharrgrrble with only one or two posters rising above the already low ceiling you guys operate under...definitely worthy of a hearty, but with a bit of pity, chuckle

http://patdollard.com/wp-content/uploads/2012/10/obama_laughing_WH-flickr_PeteSouza-300x229.jpg

[ncbullgator]

Carefully reread the posts from our liberal friends.

Practically every single post is filled with envy. Why should anyone care if someone buys their kid an Acura?

But that's not the way they think. They believe no one should make more than 250k and no one should own SUVS, McMansions etc or be allowed to send their kids to private schools.

Too bad they don't recognize their envy as really mental illness that manifests itself as unhealthy anger.

:joecool:

[gatordowneast]

Still waiting for a lefty libbie to post their cuts or sacrifices. Of course there are none as long as those guvmint checks don't bounce or unemployment is extended.

[g8orbill]

class envy has worked well for both the 47%ers prez and dems in general

[austingtr]

im going to have to cut my gardner, nanny, housekeeper, tennis lessons, green fees, international travel, foo foo dog groomer, club membership, etc....

4 pages of wharrgrrble with only one or two posters rising above the already low ceiling you guys operate under...definitely worthy of a hearty, but with a bit of pity, chuckle



That chuckle won't be coming from the dog groomer, tennis pro, Gardner, or people working on the entertainment industry. But chuckle away dude. I for one will not be laughing. I can do my yard and clean my house, but many people need jobs.

[rpmGator]

On the other hand, they are going to teach wind energy safety in Orlando and hire 50 people making an average of 83 grand each, to teach the 2,500 windmill techs safety.

You guys have fought this industry hard, and it's great paying American jobs.

The number of techs will only increase as more wind farms are added.

Maybe if you didn't fight progress, you wouldn't have to worry about what you are cutting out.

[busigator96]

The purpose of federal income tax is pay the interest on our national debt...as long as we can cover the minimum payments we will be just fine. :)

[rpmGator]

Romney is the one who got 47%. 47.2% to be exact. Obama got 51.1% yet the losing quote that Romney used to drive off voters, is still being used by those who still think they are the majority...

It is Republicans voters that are now the 47%.

[gs_gator]

Still waiting for a lefty libbie to post their cuts or sacrifices. Of course there are none as long as those guvmint checks don't bounce or unemployment is extended.

you put all those thoughts together yourself or do you guys work from some sort of cheat sheet.

[gs_gator]

That chuckle won't be coming from the dog groomer, tennis pro, Gardner, or people working on the entertainment industry. But chuckle away dude. I for one will not be laughing. I can do my yard and clean my house, but many people need jobs.

Probably not but i believe in the resilience of the working class and those professionals, abandoned by the butthurt demographic, will find other work or adapt themselves accordingly.

[austingtr]

"Abandoned by the butthurt demographic".

Well their "butthurtness" and envy on the 1% caused this. So I'm supposed to cell sorry for them because they cut their nose to spite their face.

[gs_gator]

how did "their butthurtness and envy on the 1% caused this"?

[austingtr]

Not all of them, but the majority voted for Obama who insisted in tax increase for the "filthy rich who are not paying their fair share". Elections have consequences.

[philnotfil]

Not all of them, but the majority voted for Obama who insisted in tax increase for the "filthy rich who are not paying their fair share". Elections have consequences.

I thought that this thread was about the payroll tax expiring? None of the other increases will show up for those collecting a paycheck until they file their 2013 taxes in 2014. Or did I miss something?

[ncbullgator]

Romney is the one who got 47%. 47.2% to be exact. Obama got 51.1% yet the losing quote that Romney used to drive off voters, is still being used by those who still think they are the majority...

It is Republicans voters that are now the 47%.

My guess would be that 47% pays 80% plus of the taxes.

But when did a liberal ever give a crap about who pays the bills? (Unless they are getting a divorce)

:cry:

[gatorpa]

I'm going to cut the number of hours I work to avoid paying more of what I earn to the Gov.

[mastoidbone]

I dont understand the confusion. If after all my fixed expenses and obligations I usually have 100,000 at end of the year, but under new taxes I will have $88,000......i then have choices.
I will still put 50,000 into my 401k---no change. I usually spend the rest. Last year I spent 50k in discretionary spending----this year it will be 38,000.

I did the math---the 12,000 will come from housekeeper, gardner, 1 less vacation. I will be FINE, my HK and gardner...i think they will be hurt more by new taxes then I am---i dont think they are chuckling at all.

But I WONT reduce my savings....so i will reduce spending....who gets the benefit of my spending???

Now, maybe the government will make better use of the 12,000...maybe not. I suppose much of it will go to growing the efficient entity known as the US govt, some into entitlements, and some into deficit reduction.

I would bet the economic of my spending 12,000 in my community and in the co-op has a better long term effect then the govt.....but we will never know.

The key thing is this---govt will have more money----govt has NOT moved towards reduced spending----it has INCREASED spending in fact. So all this tax is doing is funding greater spending without progress on our ONE TRUE existential threat-----debt.

[gatorpa]

On the other hand, they are going to teach wind energy safety in Orlando and hire 50 people making an average of 83 grand each, to teach the 2,500 windmill techs safety.

You guys have fought this industry hard, and it's great paying American jobs.

The number of techs will only increase as more wind farms are added.

Maybe if you didn't fight progress, you wouldn't have to worry about what you are cutting out.

Who fought the wind farm off Nantucket? I don't think it was the Pubs....

[rpmGator]

There has been a ton of opposition on this board since Nantucket was fought over. Many wind farms in the right places have been put in since. Along with NG, it is the leading new source of energy in this nation.

Meanwhile, the Crystal River Nuke plant wants over 5 billion from the insurance agency that insures all nuke plants but they only have 3.5 to insure them all.

The bigger problem is, there are four other nuke plants in other states that are down also. The fifty year life span of the plants, has arrived.

[gatorpa]

There has been a ton of opposition on this board since Nantucket was fought over. Many wind farms in the right places have been put in since. Along with NG, it is the leading new source of energy in this nation.

Meanwhile, the Crystal River Nuke plant wants over 5 billion from the insurance agency that insures all nuke plants but they only have 3.5 to insure them all.

The bigger problem is, there are four other nuke plants in other states that are down also. The fifty year life span of the plants, has arrived.

Just was wondering who "you guys" were.

The not in my backyard club or some other group?

[gtr2x]

Carefully reread the posts from our liberal friends.

Practically every single post is filled with envy. Why should anyone care if someone buys their kid an Acura?

But that's not the way they think. They believe no one should make more than 250k and no one should own SUVS, McMansions etc or be allowed to send their kids to private schools.

Too bad they don't recognize their envy as really mental illness that manifests itself as unhealthy anger.

:joecool:

Not sure who your liberal friends refers to but I don't think I'll be rereading any posts. All arepretty predictable the first time, including yours. I'm sure I qualify as a lib in your mind, yet me kid went to a private hs and my wife drives a Mercedes.

Personally, I don't envy the owner of where I work one bit, nor would I trade my Infiniti coupe for his nice new truck. The guy watches fox news and listens to rush all the time and has become quite a miserable guy. Feel sorry for his wife. Some of you need to get out more and update your stereotypes.:yes:

[rpmGator]

Pa,

Funny that you have forgotten the many times so many on this board have fought against alternative energy systems.

If all you remember on the subject is the few times some have fought a wind farm due to environmental reasons, you are as guilty as charged.

That is the typical response, and you used it and only the oppositon to wind anywhere use it. So either wear it, or say something in support for alternatives and prove me wrong.

[Matthanuf06]

I'm going to cut back on my invasion of Iraq contribution.

Oh wait, that was supposed to pay for itself. And we were all told to go out and spend money during that time period, instead of paying for this. And never mind anyways......the federal budget was taken from a near-surplus to a $1.4 trillion deficit during the, ahem, "leadership" of the person that brought us that free gem.

That said, Republicans and righties can now go back to their laughable pretense that those they elect are not spenders and debtors on the most grotesque level possible. And they can continue whining about having to pay the bills after delivering upon us 8 years during which the federal debt was doubled.

What does this have to do with anything? So because Bush was a big government neocon that had a R next to his name that means its okay for Obama to bankrupt the country to economic ruin? Is that your point?

[g8orbill]

class envy is alive and well on too hot

[fredsanford]

What does this have to do with anything? So because Bush was a big government neocon that had a R next to his name that means its okay for Obama to bankrupt the country to economic ruin? Is that your point?

It means that pubs get spending religion whenever Dems get elected. When pubs get elected, they couldn't care less.

[g8orbill]

shab- I get just as PO'd at pubs when they approve the spending- at some point we have to come to grips with the facts of our debt and our excessive spending and where we stand economically

it is going to hurt and it is going to hurt really bad-but not as bad as it will hurt when we go under- we have to find our way back to fiscal responsibility

[rpmGator]

When did the home of the brave, fear the future so much.

[gatorpa]

Pa,

Funny that you have forgotten the many times so many on this board have fought against alternative energy systems.

If all you remember on the subject is the few times some have fought a wind farm due to environmental reasons, you are as guilty as charged.

That is the typical response, and you used it and only the oppositon to wind anywhere use it. So either wear it, or say something in support for alternatives and prove me wrong.

Alternatives are great, but I think it is wrong for the Gov to stack the deck against oil to make alternatives more attractive with our money. I love the idea of solar but it costs a ton to start off. Let the private sector innovate solar, wind, etc.

Environmental "concerns" are not the only reason wind is opposed...http://articles.latimes.com/2011/jul/24/business/la-fi-wind-power-20110724

A google search showed dozens of examples of increasing resistance to turbines due to "unsightliness" blocking views, etc.