Obamacare: Walked into my local bank branch today and....

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_beastie
_Emeritus
Posts: 14216
Joined: Thu Nov 02, 2006 2:26 am

Re: Obamacare: Walked into my local bank branch today and...

Post by _beastie »

Gadianton wrote:
bcspace wrote:...and going with my Dad to testify before Congress and many state Congresses on these very issues


Next time congress votes itself a pay raise, I'll feel at least some sympathy for them.


lol
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_Brackite
_Emeritus
Posts: 6382
Joined: Wed Oct 25, 2006 8:12 am

Re: Obamacare: Walked into my local bank branch today and...

Post by _Brackite »

A massive double-dip recession is just around the corner, children, and you will suffer with the conservatives, conservative Christians, Latter day Saints, and Austrian economists you so despise.


If the United States does enter into another recession soon, California will be the hardest hit State in the Nation. The California voters recently foolishly Passed Proposition 30, which is mostly a tax increase on individuals making over $250,000 a year there.

From The Bakersfield, California Newspaper:

This measure would temporarily increase state sales tax one-quarter percent and income tax on those making $250,000 or more. That's a popular way among voters to raise taxes -- bill the rich -- but it's an erratic way to budget for critical state programs. Just look at the "millionaire's tax" already in place to fund mental health programs: The extra 1 percent tax on incomes over $1 million has raised $1.5 billion in the best years, but in 2009-10, when the economy tanked, that revenue dropped by half to about $700 million, according to the Legislative Analyst's Office. The same could happen to our schools and other government programs under Proposition 30. Additionally, it's imperative to point out that, contrary to the governor's claims, Proposition 30 does not create new revenue for schools; it merely restores some of what's already been cut. Even the head of the State School Boards Association has acknowledged this.


Link: http://www.bakersfieldcalifornian.com/o ... ter-option
"And I've said it before, you want to know what Joseph Smith looked like in Nauvoo, just look at Trump." - Fence Sitter
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