Tax Hikes
Isn't there some guy running for president right now claiming that he won't be raising taxes on the middle class - anyone making under $250,000 or some number like that?
- U.S. consumers will have to dig deeper into their pockets next year to pay for costlier healthcare, more expensive grocery bills and higher taxes, an extra drag on the country's already slow-moving economy.
The additional outlays look set to test the resilience of consumers, whose spending accounts for around two-thirds of the U.S. economy.
"We think it's going to be a difficult six to nine months," said Scott Hoyt, senior director of consumer economics for Moody's Analytics. "If anything, conditions are likely to get worse, particularly at the start of the year."
Wait a minute...costlier health care? But...but....Obamacare?
Yeah, it's a giant swindle that will add about $10-to-20 trillion dollars to the national debt by 2020. Didn't you read the fine print?
- Chicago-area foreclosures increased by 34 percent in the third quarter, although they dropped in most other metro areas around the country.
RealtyTrac, a home foreclosure tracking firm, said the Chicago area tied with Philadelphia for the third-largest increase in foreclosures among major metro areas. Only New York, with a 69 percent increase, and Tampa, at 49 percent, had bigger jumps in foreclosure activity.
Four more years of this crap?
Labels: we got nothing
posted by SCC at 12:33 AM
29 Comments:
Why hasn't fop given McCarthy a no confidence vote?????
Obama will win the black neighborhoods and college towns the rest of the country has wised up.
Go Romney!!!!!
We are doomed for four more years of this idiot. It's Illinois...nothing will ever change here.
Vote for Obama November 6th and there wont be a country left.
"Four more years of this crap?"
---
Yup, it seems so, because police cannot be bothered to vote. No matter what you might read or hear, over 70% will not even go to vote.
Go figure.
Look at what else our tax money is being pissed away on...
http://www.nbcnews.com/id/49563578/ns/local_news-chicago_il/
Now's the time to retire to Tampa. Rent out your house and buy something cheap there. And I'm not talking about a Section 8 rental, either.
Just raise the sales tax, therefore it will affect everyone.
.....Didn't you read the fine print?.....
We "MUST" pass the bill so we can read the bill!...('Nancy Pelosi' I believe)
Yup, try reading a 400 page phone book and remember every line, and - oh yeah, you have 12 hours to get it done!
ObamaCare at it's finest!
VOTE BIG RED!!!!!
Raise the liquor tax too. Ever notice there's always a crowd at every ghetto liquor store. So lets take back their cash some how.
For the guys working construction and vote for the O: US New Housing construction starts have been under 800,000 a year for the past FOUR years.
These four years are the only time they have been under 800,000 in the past 49 years.
http://www.forecast-chart.com/graph-housing-starts.html
FHA Loan Default rate +17%.
Not good.
Isn't it amazing that "they" can just announce that there will be a price increase and that's the way it is? No one questions the powers that be about it! Who is supposed to hold the unknown "They", that set these costs, responsible? No one is looking out for us!!!! Except, SCC....
Any Police Officer that voted for Obama is a fool. He is a south side gangster. Hates the police. Has a confirmed cocaine habit. Democrat attitude of zero law enforcement, abortion, raising taxes, etc.
He sides with the Muslim brotherhood, terrorist organization.
Arrrgh.
OBAMA! Hells yeah! He be giving away free phones an shit! I gots to get mines.
What has he done for Illinois and Chicago? Nothing!! He like all politicians take for granted those he owes the most to. Typical Chicago politician dirty, slimmy, egomaniac, liar..... I can go on and on. He was a nobody until some fairy dust turned him into this mythical person. He was molded by the machine and he is as dirty as the machine!!!
Yes, keep voting democrat without a thought. Vote in all of the judges that are endorsed by the democrat party ( that means Madigan and Burke) to include the ones judged insane, vote in Madigan once again, vote in Alvarez as States Sttorney, vote in madigan as attorney general, vote in burke as alderman, preckwinkle as president of the county board, yes all of these things will happen and the results will be the same. Things will go into the tank, taxes will climb, social services will expand and people will continue to complain.
I am very concerned for this country if Obama wins another 4 years. We will be in a financial crisis that we will never dig ourselves out of, at least not in my lifetime. Hope and Change? Seems as we got short-changed!
I know of three coppers on my watch who foreclosed this month. It's so sad.
They won't give mcarthy a no confidence vote bc they r bought and paid for just like the Chicago media.
This is in reference to the Cook County Board President Preckwinkle's newest budget proposal. I found it astonishing that she labeled the 1.25% "use tax" on business purchases made outside of Cook County as "pro business." The only way heaping additional taxes on businesses already struggling with the Chicago/Cook County tax burden can be considered "pro business is if you live in outside of Cook County. The Cook County tax burden has long been the best selling point for DuPage, Will and Lake Counties. I also found it interesting that this "use tax" would only kick in if business supplies purchased were over $2500 and will be self reported.
To all you Chicago and Cook County residents and businesses I'd like to invite you to visit and do your shopping in DuPage County. Here are just a few of the benefits:
Gas is cheaper
Cigarettes are cheaper
You'll save on sales tax
You can park for free!!
You can save 5 cents a bottle on bottled water
Eating is cheaper without the additional downtown Chicago restaurant taxes
You can walk around without being afraid of your iPhone being stolen or being robbed.
You don't have to fear for your life; Chicago has more murders some weeks than DuPage does all year.
DuPage also does not force additional taxes on law abiding citizens for crimes committed by gangbangers and thugs like the proposed bullet tax would.
You might enjoy shopping in DuPage so much that you come out often, thereby splitting up your business purchases to less than $2500 and saving you that pesky Cook County self reporting paperwork.
I guess President Preckwinkle and I do agree on one thing; the additional taxes are pro business - if your business is outside of Cook County that is.
I wsnt a NO CONFIDENCE VOTE against MCSTUPID!! I met him at a huge banquet hall. After talking to him a couple of minutes the room cleared out because his head swelled to the size of the room. I along with the rest of the guests had to step out of the hall or we would have been crushed by his head!
Anonymous said...
Obama will win the black neighborhoods and college towns the rest of the country has wised up.
Go Romney!!!!!
10/26/2012 12:45:00 AM
Wow! I bet you're a highly sought after political consultant.
"Tax" increases already going into effect BEFORE the elections under the current Administration to pay for health care, etc. Wait till you see what comes next....
The Social Security Administration (SSA) announced on October 16, 2012, that the 2013 social security wage base will increase to $113,700, an increase of $3,600 from the 2012 wage base of $110,100.
Of course, as usual, there is no limit to the wages subject to the Medicare tax--thus, all covered wages are still subject to the 1.45% tax.
Wages in excess of $200,000 in 2013 will be subject to an extra 0.9% Medicare tax on employees. Employers do not pay the additional tax.
The FICA tax rate--the combined social security tax rate of 6.2% and the Medicare tax rate of 1.45%--will be a whopping 7.65% for 2013 up to the social security wage base above. The maximum social security tax employees and employers will each pay in 2013 is $7,049.40. Summing that up, this will be an increase of $2,425.20 for employees and $223.20 for employers.
For comparison purposes, the 2012 FICA tax rate was 4.2% for employees and 6.2% for employers under the Middle Class Tax Relief and Job Creation Act of 2012. Now, in 2013, the rate is scheduled to be 6.2% for both employees and employers in 2013.
However you slice it, your paycheck is going to get chopped next year and, as you noted, you will also be squeezed by the soaring inflation of required living/work expenses that somehow don't seem to get counted in this "zero-inflation" economy the government stats keep reporting.
"Four more years of this crap?"
---
Yup, it seems so, because police cannot be bothered to vote. No matter what you might read or hear, over 70% will not even go to vote.
Go figure.
10/26/2012 03:05:00 AM
Prove it.
Obama has perpetrated his biggest fraud on black Americans. They voted their guy in, ( and rightfully so), only to be left standing at the altar like a jilted bride. I just hope they realize this come election day! We cant take 4 more years of this insanity.
"Chicago-area foreclosures increased by 34 percent in the third quarter, although they dropped in most other metro areas around the country."
Increase In The Decrease!
"Four more years of this crap?"
---
Yup, it seems so, because police cannot be bothered to vote. No matter what you might read or hear, over 70% will not even go to vote.
Go figure.
10/26/2012 03:05:00 AM
Prove it.
We just did. Less then 25% of us voted on someone to represent us on our own pension.
Anonymous said...
I know of three coppers on my watch who foreclosed this month. It's so sad.
10/26/2012 11:27:00 AM
Unless they had a major expense (loss of work, MAJOR health issue, etc)then shame on them for getting caught in the trap. They should never have lived beyond their means. I feel nothing for those who feel the need to keep up with the Jones's or can't decipher NEED or WANT.
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