mikem12 Posted August 26, 2010 Share Posted August 26, 2010 One percent transaction tax is proposed President Obama's finance team is recommending a transaction tax. His plan is to sneak it in after the November election to keep it under the radar. This is a 1% tax on all transactions at any financial institution i.e. Banks, Credit Unions, etc.. Any deposit you make, or move around within your account, i.e. transfer to, will have a 1% tax charged. If your pay check or your social Security or whatever is direct deposit, 1% tax charged. If you hand carry a check in to deposit, 1% tax charged. If you take cash in to deposit, 1% tax charged. This is from the man who promised that if you make under $250,000 per year, you will not see one penny of new tax. Keep your eyes and ears open, you will be amazed at what you learn. Some will say aw it's just 1%... remember once the tax is there they can raise it at will. http://www.standard.net/node/44797 Quote Link to comment Share on other sites More sharing options...
louie Posted August 26, 2010 Share Posted August 26, 2010 One percent transaction tax is proposed President Obama's finance team is recommending a transaction tax. His plan is to sneak it in after the November election to keep it under the radar. This is a 1% tax on all transactions at any financial institution i.e. Banks, Credit Unions, etc.. Any deposit you make, or move around within your account, i.e. transfer to, will have a 1% tax charged. If your pay check or your social Security or whatever is direct deposit, 1% tax charged. If you hand carry a check in to deposit, 1% tax charged. If you take cash in to deposit, 1% tax charged. This is from the man who promised that if you make under $250,000 per year, you will not see one penny of new tax. Keep your eyes and ears open, you will be amazed at what you learn. Some will say aw it's just 1%... remember once the tax is there they can raise it at will. http://www.standard.net/node/44797 Im calling BS. This is a right wing editorial piece and not a real news source. I will never vote Republican again. They showed us how they feel about domestic autoworkers and had no problem letting us rot and fall into bankruptcy. Shelby and Corker were their talking heads. The Republicans also stood together and call our retirees "legacy costs" and were appaulled that the bankruptcy did not affect their pensions. Sorry not buying the Republican spin. NOT THIS UAW AUTO WORKER Quote Link to comment Share on other sites More sharing options...
MichiganTruck_Mafia Posted August 26, 2010 Share Posted August 26, 2010 One percent transaction tax is proposed President Obama's finance team is recommending a transaction tax. His plan is to sneak it in after the November election to keep it under the radar. This is a 1% tax on all transactions at any financial institution i.e. Banks, Credit Unions, etc.. Any deposit you make, or move around within your account, i.e. transfer to, will have a 1% tax charged. If your pay check or your social Security or whatever is direct deposit, 1% tax charged. If you hand carry a check in to deposit, 1% tax charged. If you take cash in to deposit, 1% tax charged. This is from the man who promised that if you make under $250,000 per year, you will not see one penny of new tax. Keep your eyes and ears open, you will be amazed at what you learn. Some will say aw it's just 1%... remember once the tax is there they can raise it at will. http://www.standard.net/node/44797 FUD Quote Link to comment Share on other sites More sharing options...
Die Wahrheit Posted August 27, 2010 Share Posted August 27, 2010 Im calling BS. This is a right wing editorial piece and not a real news source. I will never vote Republican again. They showed us how they feel about domestic autoworkers and had no problem letting us rot and fall into bankruptcy. Shelby and Corker were their talking heads. The Republicans also stood together and call our retirees "legacy costs" and were appaulled that the bankruptcy did not affect their pensions. Sorry not buying the Republican spin. NOT THIS UAW AUTO WORKER Amen to that brother. This clown trying to push these right wing lies on us. How can this guy insist on defending the idiots that tried to destroy our jobs. The party of NO has No plans and NO agenda. We dont need them we are going to be just fine with out them.. Quote Link to comment Share on other sites More sharing options...
cal50 Posted August 27, 2010 Share Posted August 27, 2010 http://www.govtrack.us/congress/bill.xpd?bill=h111-4646&tab=summary Or H.R. 4646 introduced by a democrat from Pa. / Rep.Chaka Fattah Spending and giving away less money is a concept this current government is oblivious to and anyone that really thinks they are doing a good job is part of the problem. Stupid would be a better description but at least you guys are good at something. Quote Link to comment Share on other sites More sharing options...
louie Posted August 27, 2010 Share Posted August 27, 2010 [quote name='cal50' date='27 August 2010 - 04:55 AM' timestamp Spending and giving away less money is a concept this current government is oblivious to and anyone that really thinks they are doing a good job is part of the problem. Stupid would be a better description but at least you guys are good at something. You can argue the wedge issues all day long. Guns, abortion as well as socialism tax programs like social security, medicaid, medicare, unemployment benefits, etc.. all brought to us by Democrats. When it comes to understanding which party will stand up for Union Autoworkers, Retirees and manufacturing in the USA. My vote will never be Republican again. Ever. The Republicans wanted to dismantle my wages, destroy my union and take away “legacy costs” from my parents and all retirees. Only a fool would vote for a party that came right out and stated we were “overpaid” spoiled with “golden benefits” actually paid“$70 dollars per hour” “post retirement benefits”. They painted a picture of autoworkers as spoiled brats that never took a concession and were the demise of the D3. Shelby and Corker were the talking heads for all Republicans. There is one Republican that did stand up and that was McCotter. He would be the only one that would be considered. The Democrats stood by our side and were not afraid to support “collective bargaining” and disprove the notion of $70 dollars per hour, over compensated Retirees. Be a warrior. You must identify your enemy. In this case the Republicans showed us clearly they are against the Domestic 3 autoworkers as well as unionized manufacturing in the USA. Quote Link to comment Share on other sites More sharing options...
FiredMotorCompany Posted August 27, 2010 Share Posted August 27, 2010 You can argue the wedge issues all day long. Guns, abortion as well as socialism tax programs like social security, medicaid, medicare, unemployment benefits, etc.. all brought to us by Democrats. When it comes to understanding which party will stand up for Union Autoworkers, Retirees and manufacturing in the USA. My vote will never be Republican again. Ever. The Republicans wanted to dismantle my wages, destroy my union and take away "legacy costs" from my parents and all retirees. Only a fool would vote for a party that came right out and stated we were "overpaid" spoiled with "golden benefits" actually paid"$70 dollars per hour" "post retirement benefits". They painted a picture of autoworkers as spoiled brats that never took a concession and were the demise of the D3. Shelby and Corker were the talking heads for all Republicans. There is one Republican that did stand up and that was McCotter. He would be the only one that would be considered. The Democrats stood by our side and were not afraid to support "collective bargaining" and disprove the notion of $70 dollars per hour, over compensated Retirees. Be a warrior. You must identify your enemy. In this case the Republicans showed us clearly they are against the Domestic 3 autoworkers as well as unionized manufacturing in the USA. What is far worse than my personal concern as an autoworker is this administration's shredding the secured interest in loan transactions. Bond holders were denied their interests. How can you make high risk loans without securing such loans? Why risk making such loans if the government can wave a wand and say you no longer are in a first position to recover your investment? The government can now walk in and micromanage the pay of executives. The camel's nose is under the tent. YOUR pay is now at risk by such actions. And you cheered them on! The problem is too complex to answer Republican vs. Democrat. But the population is incapable of thinking that deep. "Don't give them too many choices." is a old marketing adage. Far too many of you are willing to rape your neighbor if it means your individual interests are concerned. "Screw the rest of them, I got what I wanted". You and your kindred brothers are acting just that way. Keep looking out for #1. They call you "useful idiots." 1 Quote Link to comment Share on other sites More sharing options...
mikem12 Posted August 27, 2010 Author Share Posted August 27, 2010 it's bettet to research a bit before claiiming the politicians(reps or dems) are at fault. I read the summary so I incluide the gist of it here. Amends the Internal Revenue Code to impose a 1% fee, offset by a corresponding nonrefundable income tax credit, on transactions that use a payment instrument, including any check, cash, credit card, transfer of stock, bonds, or other financial instrument. Defines "transaction" to include retail and wholesale sales, purchases of intermediate goods, and financial and intangible transactions. Repeals after 2017 the individual income tax, refundable and nonrefundable personal tax credits, and the alternative minimum tax (AMT) on individuals. Directs the Secretary of the Treasury to: (1) prioritize the repayment of the national debt to protect the fiscal stability of the United States; and (2) study and report to Congress on the implementation of this Act. THIS IS REAL! What is far worse than my personal concern as an autoworker is this administration's shredding the secured interest in loan transactions. Bond holders were denied their interests. How can you make high risk loans without securing such loans? Why risk making such loans if the government can wave a wand and say you no longer are in a first position to recover your investment? The government can now walk in and micromanage the pay of executives. The camel's nose is under the tent. YOUR pay is now at risk by such actions. And you cheered them on! The problem is too complex to answer Republican vs. Democrat. But the population is incapable of thinking that deep. "Don't give them too many choices." is a old marketing adage. Far too many of you are willing to rape your neighbor if it means your individual interests are concerned. "Screw the rest of them, I got what I wanted". You and your kindred brothers are acting just that way. Keep looking out for #1. They call you "useful idiots." Quote Link to comment Share on other sites More sharing options...
4600 Posted August 27, 2010 Share Posted August 27, 2010 One percent transaction tax is proposed President Obama's finance team is recommending a transaction tax. His plan is to sneak it in after the November election to keep it under the radar. This is a 1% tax on all transactions at any financial institution i.e. Banks, Credit Unions, etc.. Any deposit you make, or move around within your account, i.e. transfer to, will have a 1% tax charged. If your pay check or your social Security or whatever is direct deposit, 1% tax charged. If you hand carry a check in to deposit, 1% tax charged. If you take cash in to deposit, 1% tax charged. This is from the man who promised that if you make under $250,000 per year, you will not see one penny of new tax. Keep your eyes and ears open, you will be amazed at what you learn. Some will say aw it's just 1%... remember once the tax is there they can raise it at will. http://www.standard.net/node/44797 Bullshit. Get your facts straight. The Bill is before Congress, but has NO backers other than its author. As Snopes says..."A snowball's chance in hell". Keep listening to that idiot Beck. http://www.snopes.com/politics/taxes/debtfree.asp Quote Link to comment Share on other sites More sharing options...
Cocheese Posted August 28, 2010 Share Posted August 28, 2010 Im calling BS. This is a right wing editorial piece and not a real news source. . . . . Sorry not buying the Republican spin. NOT THIS UAW AUTO WORKER Bullshit. Get your facts straight. The Bill is before Congress, but has NO backers other than its author. Just curious, are you saying louie is wrong, or uneducated? One of you says there is no Bill, the other one says there is, but it will never be passed. Who is wrong on this one, and can we expect an apology for the mistake? Obamacare didn't have enough supporters, but with some backroom deals, it got jammed through. As Snopes says..."A snowball's chance in hell". http://www.snopes.com/politics/taxes/debtfree.asp While they are allowed their opinion, and they might be right (that it doesn't get passed), the truth is, the Bill is out there, and could be passed. So let's not count the chickens before they are hatched. Keep listening to that idiot Beck. I read the article, and didn't see Beck's name in there. Why did you mention him? You have all the right to voice your opinion on the subject, but maybe we should stay on point with it. After all, we wouldn't want this thread to be filled with "talking points" from a certain political party and the network that carries their bags Quote Link to comment Share on other sites More sharing options...
4600 Posted August 28, 2010 Share Posted August 28, 2010 (edited) Just curious, are you saying louie is wrong, or uneducated? I'm saying louie is wrong and uneducated in the sense that he read this article (probably emailed to him), immediately thought it was true because he read it, then, without even posting his thoughts on the matter, posts it in its entirety. One of you says there is no Bill, the other one says there is, but it will never be passed. Who is wrong on this one, and can we expect an apology for the mistake? There is a Bill. http://thomas.loc.gov/cgi-bin/bdquery/z?d111:HR04646:%40%40%40L&summ2=m& Obamacare didn't have enough supporters, but with some backroom deals, it got jammed through. No one yet knows how much Healthcare Reform may or may not cost or its effects. Just the same no one yet knows whether this Bill has any legs. I have a bias as do you. It should have passed except with a Public Option. The only backroom deals that I am concerned about are the ones that ripped the guts out of the Bill. While they are allowed their opinion, and they might be right (that it doesn't get passed), the truth is, the Bill is out there, and could be passed. So let's not count the chickens before they are hatched. Which is exactly what louie did by offering that post as Gospel. As if it was some sort of Presidential edict that then becomes true. I read the article, and didn't see Beck's name in there. Why did you mention him? You have all the right to voice your opinion on the subject, but maybe we should stay on point with it. After all, we wouldn't want this thread to be filled with "talking points" from a certain political party and the network that carries their bags Here is a point for you...."Beck is an idiot" I threw his name in there because...... "Beck is an idiot". The guy truly is........ "an idiot". I listen to that "idiot" everyday on the radio along with the progressive channels, flipping back and forth. This guy has so much deep seeded hatred for Unions that it just boggles my mind. He really believes that back in the late 80's and 90's when autos were selling, we, the UAW, negotiated these "bloodsucking" (Beck's words) contracts and knew the companies would go bankrupt because of it. Beck believes that back then we actually knew the crisis was coming for the auto industry and thought to ourselves, we will be alright, the government will bail us out. He actually said that. Are you serious? Don't even get me started about the Government conspiracy to use the black boxes in your car to regulate your fuel consumption. Oh, by the way, the news source that louie got his info from sorta issued an apology for the article. Take nothing at face value. Nothing. http://blogs.standard.net/2010/08/1-percent-transaction-tax-is-proposed-letter-goes-viral-on-the-net/ In conclusion....."Beck is an idiot". Edited August 28, 2010 by 4600 1 Quote Link to comment Share on other sites More sharing options...
dividedwebeg Posted August 28, 2010 Share Posted August 28, 2010 You can argue the wedge issues all day long. Guns, abortion as well as socialism tax programs like social security, medicaid, medicare, unemployment benefits, etc.. all brought to us by Democrats. When it comes to understanding which party will stand up for Union Autoworkers, Retirees and manufacturing in the USA. My vote will never be Republican again. Ever. The Republicans wanted to dismantle my wages, destroy my union and take away “legacy costs” from my parents and all retirees. Only a fool would vote for a party that came right out and stated we were “overpaid” spoiled with “golden benefits” actually paid“$70 dollars per hour” “post retirement benefits”. They painted a picture of autoworkers as spoiled brats that never took a concession and were the demise of the D3. Shelby and Corker were the talking heads for all Republicans. There is one Republican that did stand up and that was McCotter. He would be the only one that would be considered. The Democrats stood by our side and were not afraid to support “collective bargaining” and disprove the notion of $70 dollars per hour, over compensated Retirees. Be a warrior. You must identify your enemy. In this case the Republicans showed us clearly they are against the Domestic 3 autoworkers as well as unionized manufacturing in the USA. Spot on. Great post. Quote Link to comment Share on other sites More sharing options...
Cocheese Posted August 28, 2010 Share Posted August 28, 2010 I'm saying louie is wrong and uneducated in the sense that he read this article (probably emailed to him), immediately thought it was true because he read it, then, without even posting his thoughts on the matter, posts it in its entirety. There is a Bill. http://thomas.loc.gov/cgi-bin/bdquery/z?d111:HR04646:%40%40%40L&summ2=m& There you go louie, I guess you are wrong. I won't hold my breathe for an apology or a correction. No one yet knows how much Healthcare Reform may or may not cost or its effects. Just the same no one yet knows whether this Bill has any legs. I have a bias as do you. It should have passed except with a Public Option. The only backroom deals that I am concerned about are the ones that ripped the guts out of the Bill. Question. If no one knows how much Obamacare is going to cost, why should it be passed? Most rational, sane, educated people don't commit to buying something unless they have a pretty good idea what it will cost. I would never commit to buying a car until I saw the bottom line. Nor would I buy an expensive one at a time when money was scarce. Which is exactly what louie did by offering that post as Gospel. As if it was some sort of Presidential edict that then becomes true. louie seemed pretty sure it wasn't, and went on a bit of a rant against people he disagrees with. It's quite the poetic justice that he is so utterly wrong though. Here is a point for you...."Beck is an idiot". I threw his name in there because...... "Beck is an idiot". The guy truly is........ "an idiot". I listen to that "idiot" everyday on the radio along with the progressive channels, flipping back and forth. In your opinion. Just as I think Chris Matthews, Keith Olbermann, Rachel Maddow, Ed Shultz are idiots. The difference is, Beck has more viewers than all of them. The point is, Beck has nothing to do with this Bill, nor was he mentioned in article. While I completely support your right to have an opinion, brining him up is pointless and ruins your credibility. This issue has NOTHING to do with him. Save your hatred for a story that actually involves him. This guy has so much deep seeded hatred for Unions that it just boggles my mind. I'm not exactly telling people a union is any good either. I have no use for what I have witnessed within our Union for the past 10 years. While I agree there was a time for a union type movement, IMO, that time is gone, and what (at least the CAW) stands for is against what I believe in He really believes that back in the late 80's and 90's when autos were selling, we, the UAW, negotiated these "bloodsucking" (Beck's words) contracts and knew the companies would go bankrupt because of it. Beck believes that back then we actually knew the crisis was coming for the auto industry and thought to ourselves, we will be alright, the government will bail us out. He actually said that. Are you serious? Honestly, as an auto worker, I somewhat agree with this. I always maintained that the pendulum would swing the other way, and if the union didn't react early enough, we would all be in a lot of trouble. Things were too good, for too long for me to think it would last forever, or not have major ramifications. The business model that the Big 3 worked during the good times, but would not be able to be sustained once the competition changed. I believe it was the CAW / UAW's perceived greed and arrogance that pushed people to buy the imports. The reality is, the CAW / UAW were not the ones who made decisions on how the car was designed, the quality of products that went into them, or their price. But because the union claimed we are all equal, it meant we were only as strong as our weakest link. And unfortunately, people only ever took notice of the truly useless, lazy auto worker. Never mind the fact that those types of workers were few and far in between, the public thought we were all like that. And with blowhards like Ken Leuwnza, Whitey McDonald and Buzz Hargrove, the public became turned off by the auto unions. Do I think the union actually believed the government would would bail them out? No. But I don't honestly think the union worries about anything other than collecting dues and praising themselves for how great they think they are. Having said all that, just like Glenn Beck, this story has nothing to do with him, the auto industry, or unions. So why bring it up? Don't even get me started about the Government conspiracy to use the black boxes in your car to regulate your fuel consumption. Funny how much control the Left wants eh? Maybe you should think about supporting the political party that believes in smaller government, and more personal freedom. Oh, by the way, the news source that louie got his info from sorta issued an apology for the article. Take nothing at face value. Nothing.http://blogs.standard.net/2010/08/1-percent-transaction-tax-is-proposed-letter-goes-viral-on-the-net/ Good. Now I expect one from louie. In conclusion....."Beck is an idiot". Spend an hour watching MSNBC, and I'm sure you will find Beck isn't the only one on that list. Quote Link to comment Share on other sites More sharing options...
FiredMotorCompany Posted August 28, 2010 Share Posted August 28, 2010 Question. If no one knows how much Obamacare is going to cost, why should it be passed? Most rational, sane, educated people don't commit to buying something unless they have a pretty good idea what it will cost. I would never commit to buying a car until I saw the bottom line. Nor would I buy an expensive one at a time when money was scarce. Most rational, sane, educated people don't commit to buying something unless they have a pretty good idea what it will cost. To amplify, who cares what it will cost. We're going to stick "the other guy" with the bill. Quote Link to comment Share on other sites More sharing options...
partsisparts Posted August 28, 2010 Share Posted August 28, 2010 (edited) Jon Stewart on Beck's rally. Very funny! http://www.thedailyshow.com/watch/thu-august-26-2010/i-have-a-scheme Civil rights leaders are not to happy with Beck: http://www.huffingtonpost.com/2010/08/28/becks-restoring-honor-ral_n_697873.html http://abcnews.go.com/Politics/glenn-becks-political-restoring-honor-rally-turns-political/story?id=11500623 Edited August 28, 2010 by partsisparts Quote Link to comment Share on other sites More sharing options...
Marginal Economist Posted August 29, 2010 Share Posted August 29, 2010 While I don't think this particular bill will pass, look for something similar in the medium range (3-7 years). A VAT or similar tax is in our future. Quote Link to comment Share on other sites More sharing options...
mikem12 Posted August 29, 2010 Author Share Posted August 29, 2010 While I don't think this particular bill will pass, look for something similar in the medium range (3-7 years). A VAT or similar tax is in our future. consumption tax(sales tax) is one thing but a VAT tax would be killing to many businesses. Quote Link to comment Share on other sites More sharing options...
Die Wahrheit Posted August 30, 2010 Share Posted August 30, 2010 consumption tax(sales tax) is one thing but a VAT tax would be killing to many businesses. How would you know when you don't own a business? Quote Link to comment Share on other sites More sharing options...
mikem12 Posted August 30, 2010 Author Share Posted August 30, 2010 How would you know when you don't own a business? dimwit, I do own a business so f-off. and you don't have to be a business owner to understand the difference. what a moron! Quote Link to comment Share on other sites More sharing options...
EdselBryantFord Posted August 30, 2010 Share Posted August 30, 2010 death and taxes Quote Link to comment Share on other sites More sharing options...
westmont Posted September 1, 2010 Share Posted September 1, 2010 Amen to that brother. This clown trying to push these right wing lies on us. How can this guy insist on defending the idiots that tried to destroy our jobs. The party of NO has No plans and NO agenda. We dont need them we are going to be just fine with out them.. How do you justify your statement ? I'm not pushing any Political agenda you as a American have a right to vote how you want. Just consider that no one forced bad judgement on the lack of design,quality and consumer confidence because we failed our customer as Automaker. The Company and Union took there eye off the prize plain and simple. I said it before I will state it again the auto bailouts were a bad idea. Regardless of the idiots in DC either side could careless about you or me. The bunch of so called leaders (I like to refer to them as Socialist Pigs ) have had control of both houses since 2007, has your quality of life improved or declined since 2007 ?? Has our National debt increased or decreased?? Folks the facts are all out in front of you if your part of the working 53% paying for the 47% of worthless fucks your taxes are going up!!!!! I will end with a simple request get a copy of our Constitution read it and challenge our leaders to follow it for our Nations sake. 1 Quote Link to comment Share on other sites More sharing options...
rn4 Posted September 1, 2010 Share Posted September 1, 2010 How do you justify your statement ? I'm not pushing any Political agenda you as a American have a right to vote how you want. Just consider that no one forced bad judgement on the lack of design,quality and consumer confidence because we failed our customer as Automaker. The Company and Union took there eye off the prize plain and simple. I said it before I will state it again the auto bailouts were a bad idea. Regardless of the idiots in DC either side could careless about you or me. The bunch of so called leaders (I like to refer to them as Socialist Pigs ) have had control of both houses since 2007, has your quality of life improved or declined since 2007 ?? Has our National debt increased or decreased?? Folks the facts are all out in front of you if your part of the working 53% paying for the 47% of worthless fucks your taxes are going up!!!!! I will end with a simple request get a copy of our Constitution read it and challenge our leaders to follow it for our Nations sake. If it wasn't for the auto bailouts, you'd be in the unemployment line. I guess you agree with Corker and Shelby that you make to much money. Let me ask, what is it that you think the dems are doing that is unconstitutional. Quote Link to comment Share on other sites More sharing options...
4600 Posted September 1, 2010 Share Posted September 1, 2010 If it wasn't for the auto bailouts, you'd be in the unemployment line. I guess you agree with Corker and Shelby that you make to much money. Let me ask, what is it that you think the dems are doing that is unconstitutional. Westmont would be unemployed, but he wouldn't take an unemployment check because it is a "socialist" program, right?......or would you westmont? Quote Link to comment Share on other sites More sharing options...
fmccap Posted September 1, 2010 Share Posted September 1, 2010 If it wasn't for the auto bailouts, you'd be in the unemployment line. I guess you agree with Corker and Shelby that you make to much money. Let me ask, what is it that you think the dems are doing that is unconstitutional. You have no proof of that, just an opinion. Quote Link to comment Share on other sites More sharing options...
rn4 Posted September 1, 2010 Share Posted September 1, 2010 You have no proof of that, just an opinion. So you were willing to risk your job so you could have proof. Quote Link to comment Share on other sites More sharing options...
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