Obama's Obamacare is Pussycare!

londonfog

londonfog

Well-Known Member
Canna Sylvan said:
It has to do with the earned income tax credit. Obama changed the rules this year Bush did. Somehow $500 puts me over the poverty limit I wasn't before with a family of 5. So I get a $1,000 penalty.

It's my sister in law, so yeah she's there to cheat me.
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WTF you talking about EIC...stop while you are ahead. Even if you reach the max to qualify for EIC adding 500 more to the figure would not place you in a tax bracket that increased 30%. remember numbers don't lie ...people do
 
londonfog

londonfog

Well-Known Member
Is it me but someone who is complaining about not being able to claim EIC should be the last one to be against Affordable Health Care. Hell I'm one of the ones who will be paying for you. I'm not complaining.
 
Carne Seca

Carne Seca

Well-Known Member
londonfog said:
Is it me but someone who is complaining about not being able to claim EIC should be the last one to be against Affordable Health Care. Hell I'm one of the ones who will be paying for you. I'm not complaining.
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Thus we see the insanity that is American politics.
 
UncleBuck

UncleBuck

Well-Known Member
Canna Sylvan said:
It has to do with the earned income tax credit. Obama changed the rules this year Bush did. Somehow $500 puts me over the poverty limit I wasn't before with a family of 5. So I get a $1,000 penalty.

It's my sister in law, so yeah she's there to cheat me.
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probably what happened is that expansions to the EIC under the ARRA expired, ditto the "making work pay" tax credit.

so what happened is that obama and the democrats (and one republican) lowered your taxes temporarily, and now you are seeing them return to normal.

just goes to show how misplaced your confused ramblings are.
 
UncleBuck

UncleBuck

Well-Known Member
Canna Sylvan said:
It has to do with the earned income tax credit. Obama changed the rules this year Bush did. Somehow $500 puts me over the poverty limit I wasn't before with a family of 5. So I get a $1,000 penalty.

It's my sister in law, so yeah she's there to cheat me.
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for someone who is such a braggadocio about how much you know, canna, you sure ain't that bright to be barking up this tree.

[h=4]Tax incentives for individuals[/h]Total: $237 billion

  • $116 billion: New payroll tax credit of $400 per worker and $800 per couple in 2009 and 2010. Phaseout begins at $75,000 for individuals and $150,000 for joint filers.[SUP][24][/SUP]
  • $70 billion: Alternative minimum tax: a one year increase in AMT floor to $70,950 for joint filers for 2009.[SUP][24][/SUP]
  • $15 billion: Expansion of child tax credit: A $1,000 credit to more families (even those that do not make enough money to pay income taxes).
  • $14 billion: Expanded college credit to provide a $2,500 expanded tax credit for college tuition and related expenses for 2009 and 2010. The credit is phased out for couples making more than $160,000.
  • $6.6 billion: Homebuyer credit: $8,000 refundable credit for all homes bought between 1/1/2009 and 12/1/2009 and repayment provision repealed for homes purchased in 2009 and held more than three years. This only applies to first-time homebuyers.[SUP][38][/SUP]
  • $4.7 billion: Excluding from taxation the first $2,400 a person receives in unemployment compensation benefits in 2009.
  • $4.7 billion: Expanded earned income tax credit to increase the earned income tax credit — which provides money to low income workers — for families with at least three children.
  • $4.3 billion: Home energy credit to provide an expanded credit to homeowners who make their homes more energy-efficient in 2009 and 2010. Homeowners could recoup 30 percent of the cost up to $1,500 of numerous projects, such as installing energy-efficient windows, doors, furnaces and air conditioners.
  • $1.7 billion: for deduction of sales tax from car purchases, not interest payments phased out for incomes above $250,000.
 
Canna Sylvan

Canna Sylvan

Well-Known Member
UncleBuck said:
probably what happened is that expansions to the EIC under the ARRA expired, ditto the "making work pay" tax credit.

so what happened is that obama and the democrats (and one republican) lowered your taxes temporarily, and now you are seeing them return to normal.

just goes to show how misplaced your confused ramblings are.
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Well, if Bush was such an evil bastard, why did his policies give me more money? Obama and his democrats are all for the little guy, while Bush and company were only supporting the rich.

I thought you knew I was all for universal health care and food stamps to help people live. I'm still a hardcore capitalist. There's no need for section 8 or other dumb shit like free ntsc to atsc tv converter boxes. Or African hand jobs.

I will take as much as I can when corporations pay zero tax and make billions. Call me when the play field is even. That would be like giving Lebron a 20 point lead in one on one street ball against Kobe. Who would you bet on?

Point is, R or D will fuck you over if they can to support their causes. I just happen not to like smug D, and would take annoying Jesus humper R over that any day. The L are retarded twits who I laugh at. GJ is more pathetic than RP who could have played the lead goblin in Harry Potter.

OMFG, look he was in Harry Potter!

 
UncleBuck

UncleBuck

Well-Known Member
Canna Sylvan said:
Well, if Bush was such an evil bastard, why did his policies give me more money?
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they didn't.

obama enacted tax cuts in the ARRA. those tax cuts expired. now they are back at the same exact level they were before.

what don't you get about this?
 
Canna Sylvan

Canna Sylvan

Well-Known Member
UncleBuck said:
they didn't.

obama enacted tax cuts in the ARRA. those tax cuts expired. now they are back at the same exact level they were before.

what don't you get about this?
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I guess my only solution is to incorporate myself and become a pass-through. Then claim myself a loss and reap major tax benefits that way. Then I can give money I don't have to the Obama campaign. Wtf would I care, not my money anyway.
 
P

Parker

Well-Known Member
Canna Sylvan said:
Obama actually had the opportunity to make me respect him for once. But it's going on four years and all he's got is some fascist bullshit manditory insurance that's more expensive than the insurance I already have. Way to go you Kenyan idiot. You had the opportunity to make something great and failed again.

It's very possible to do. Third world countries like Costa Rica get Obamacare right. Maybe we should have had an illegal hispanic instead?
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I dont care about the posts in this thread the title is what makes it.
 
Harrekin

Harrekin

Well-Known Member
Obamacare isnt and was never Universal Healthcare by the way, get that little fantasy out of your heads, Obamacare is more "Buy Insurance or Else"-Care.

How the fuck is that any different to before? Now insurers have to take on people with pre-existing conditions and everyone else pay a higher premium for them? I'm sorry if it makes me a bad human being but I'd have said fuck that...
 
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