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Old 11-27-2012, 03:36 PM
Caneman Caneman is offline
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Default Will Obo Enact a Wealth Tax



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this is not an income tax, or a capital gains tax... you may not earn one penny this year but if you own assets you will be taxed on it...

here is a summary:
http://www.panamalaw.org/will_obama_...alth_tax.html#

this just aint right...
Old 11-27-2012, 04:36 PM
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Some forms already exist, called property taxes.
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Old 11-27-2012, 04:51 PM
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Quote:
Originally Posted by Caneman View Post
this is not an income tax, or a capital gains tax... you may not earn one penny this year but if you own assets you will be taxed on it...

here is a summary:
http://www.panamalaw.org/will_obama_...alth_tax.html#

this just aint right...
In the end, democrats are hell bent on not cutting one dime of entitlements to their clients and turning over every stone looking for more. A federal sales tax (VAT tax), a federal property tax (wealth tax), gas taxes, slashing and burning deductions, and across the board increases in marginal rates are all going to happen. It's just a question of when.
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Old 11-28-2012, 08:14 AM
onealx4 onealx4 is offline
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Obama cant enact any tax without going to congress first. Of course, they will wheel and deal a new tax on the wealthy. Make no doubt about that. This will kill growth and then the finger pointing will start.
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Old 11-28-2012, 08:42 AM
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Originally Posted by onealx4 View Post
Obama cant enact any tax without going to congress first. Of course, they will wheel and deal a new tax on the wealthy. Make no doubt about that. This will kill growth and then the finger pointing will start.
. . . or the Secretary of Health. http://www.irs.gov/uac/Affordable-Ca...Tax-Provisions
Old 11-28-2012, 08:58 AM
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merlinfire merlinfire is offline
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An easy tax to dodge.
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Old 11-28-2012, 09:08 AM
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An easy tax to dodge.
So you ignore the Law just as Obama does? NNice!
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Old 11-29-2012, 09:13 AM
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So you ignore the Law just as Obama does? NNice!
No, what I mean is there are plenty of ways in the law to avoid the tax. Lots of businesses and individuals are doing it already.
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Old 11-29-2012, 10:46 AM
ncbill ncbill is offline
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Yep, cut your employees to 29 hours/week and you avoid any penalties from not offering them health insurance coverage
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Old 11-29-2012, 12:09 PM
Mule Skinner Mule Skinner is offline
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Quote:
Originally Posted by Caneman View Post
this is not an income tax, or a capital gains tax... you may not earn one penny this year but if you own assets you will be taxed on it...

here is a summary:
http://www.panamalaw.org/will_obama_...alth_tax.html#

this just aint right...
Quote from panamalaw:
"He has a failed social security system that cannot possibly pay the baby boomers soon to start drawing benefits. The government borrowed the social security money already in the past. He is fighting two wars, running thirteen aircraft carrier groups"

Note that Obama did not create any of this.
-- Fighting two wars: Already mostly withdrawn from Iraq, but it was started in 2003 and not funded.
-- "The government borrowed the social security money already in the past." So why blame Obama?
-- "thirteen aircraft carrier groups" How many did Obama create?
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Old 11-29-2012, 12:12 PM
Mule Skinner Mule Skinner is offline
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Originally Posted by onealx4 View Post
Obama cant enact any tax without going to congress first. Of course, they will wheel and deal a new tax on the wealthy. Make no doubt about that. This will kill growth and then the finger pointing will start.
The unelected Grover Norquist has a veto.
Old 12-02-2012, 01:58 AM
Alim Nassor Alim Nassor is offline
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No chance. The reason Pelosi and Kerry and their ilk love to raise income taxes is it's such a pittance to tax their income, when they are sitting on tens of millions of dollars. Try to tax THAT and watch em squeal like the pigs they are.
Old 12-02-2012, 02:08 AM
Dryades Dryades is offline
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Did you see what the sight is all about? Putting your money offshore. I bet I know why they are saying what they are saying. Another way to steal more money from people. I dont trust them or the pres.
Old 12-02-2012, 02:18 AM
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Since his goal is to bring the USA down to the standards of the rest of the world, he'll sure try.

We've been de-industrialized, while half of our population is now on the Government dole. Toss in Obama has added more to the national debt in 4 years than every president from George Washington to GWB combined have. Yup.. his goal is to destroy us. He'll try it.

The smart money has already moved out, companys are downsizing, eventually there will be nothing for the FSA created by the liberal / commie / infiltrators of the early 1900's to take. At this point our empire falls.

It's a done deal. Hide your dag, bury a few rifles just in case, and hide your money. (gold) F BHO.
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Old 12-02-2012, 04:35 AM
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i think thats why we hit the fiscal cliff. he knows the repubs will get the blame and hopes dems can take back congress in 14. that gives him 2 years to pass all the left wing wishlist stuff that he promised medvedev about.
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