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New taxes for Americans coming in 2013
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Weltsmertz:MV8yMDk1NTAzXzM1Mjg4MDQyXzEzQ0NEN0Y2] [quote:Anonymous Coward 17687147:MV8yMDk1NTAzXzM1Mjg3NTc3XzE2MjNBMjA3] [quote:Weltsmertz:MV8yMDk1NTAzXzM1Mjg2MjY5XzU1NzNDRkEx] ‎"The biggest hit comes from the roll-back of the Bush-era tax rates. Families making between $50,000 and $75,000 would see taxes jump roughly $2,400, according to one non-partisan study. " [b]AWESOME,[/b] because I have the ability to live off of [b]$92.00 less per paycheck![/b] That will fix my teeth, Fran's cavities, and other assorted goodies of necessity. OH and great a 2% increase in SS tax withholding![b] There goes another $61.00,[/b] add to that [b]the $50.00 per pay being withheld each pay to cover the taxes we DID not pay on unemployment in 2010 and now owe [/b](because if we took the tax out of unemployment we would not have had enough left to EAT!and keep the lights on) ..... and now for 2013 we are DOWN $203.00 per pay check! That is $5, 228. SO if I get a job (PLEASE LET Me GET A JOB), then the first 2.6 months of work, roughly, are for making UP the DIFFERENCE in taxes and paying back taxes for the year! Nice, 2013 should be a blast! Maybe my teeth will fall out and I will get thin from lack of food, inability to chew without teeth and walking everywhere I go since I have no car and if I did could not afford the gas! Happy New Year! I don't even understand the 'alternative min tax thing with average increases of $3700. but it is supposed to affect a new 37 million people, and we all know I can't win the lottery but I will surely be one of the newly affected middle class AMT sufferers. At this point it is so stupid, we do not have the money to PAY DOWN THE DEBT. IT IS MATHEMATICALLY NOT POSSIBLE. If we stopped paying EVERYTHING except the government workers needed to operate the government and SS and Medicare, we would NOT break even; we would still be in the hole. SO who cares. SIGN a deal, yet another stupid deal, and spend some money we have not printed yet, beg China for more loans we will never pay back, tell the Fed to shove the interest on money we printed and gave to them to lend to us to charge us interest on to take a hike and FIX MY PAYCHECK!!!!!!!!!!!!!!!!!!!!!! :ah: [/quote] paycheck? you said I dont have a paycheck remember.So try and get a job hell get 2 then your set.As far as teeth go havent been to a dentist but 4 x in my life, I actually brush my teeth and save alot of money.Try taking the bus,and walking buying shoes is now cheaper than buying gas.Need a place to live,try a hotel with your kids I dont have to pay utilities and cable and wifi are free.Cant afford food then dumpster dive thats what the middle class does in SoCal, need extra luxuries fight with the hobo's over recyclables you can make a pretty penny with that.Sick kids, try home rememdies and send them on to school cuz if you dont they come and arrest you and take your kid.Do not apply for medicaid if you had a disease in another state they try and make the other state responsible for payments which usually means no medicaid for you just do home rememdies for cancer and such it really works till it stops working.Make sure you have a burial plan that is at least 1/2 paid for,try and pay it off before succumbing to the cancer otherwise they throw your body in a box and burn you and then throw away the ashes the family is not allowed to attend and they take the 250 burial from SS.if thats important to you.If you run out of tp during the month go to a restaurant and "borrow" some if it is good enough for Carol Burnetts family its good enough for mine.Pretend Christmas is in summer by then your kids forget and you save alot of cash there.If you need shoes for the kids wait outside a shoe store and dig in the trash you wont believe what people throw away these days. Goodwill has the best clothes except when your neighbor does spring cleaning then it great unless of course they donate it to Goodwill then its too late. Ask the church for food you only have to sit and listen to why a poor sinner like me deserves to go through such hardship cuz God loves you more.Right? My live is good,im alive I love my kids when Im over treatment I can rejoin the workforce.yay! I'll gladly go back to paying paycheck taxes at least we'll eat good.or fairly good.I'll be able to afford a bus pass and go places.I'll be able to save up a little cash for new shoes for my kid,last one to be at home.I will be able to have a small cheap funeral but it sure beats telling my kids that theres no funeral and mom goes in the trash.more likely the toilet.fitting isnt it.I might be able to move out of my cockroach infested hotel and find a nice 1 bdrm apt.See what having a job does for you, so what I have to pay taxes,I'll gladly pay taxes if that means I will have a job.That's life and life right now is precious to me. [/quote] I do not have a paycheck, my husband has a paycheck, I am still looking for work. And yeah, I get it, I am lucky we have a job in the family and have a paycheck to worry about the taxes coming out of. But when your just making it on what you get, and just starting to see a way back, and someone tells you your going to get less, it is worrisome and maddening. I understand all the cool ways to save and get by, we made it on very little for a very long time when we were all unemployed and hit by the economic lay-off mess of 2008-2009. Most people are earning less than before the mess, average annual salaries have decreased and now they are going to decrease more. For folks who do not have work, the unemployment benefits are about to end. Those unemployed will need to find even higher paying jobs to make the take home what it would have been before all the tax increases so the 2013 taxes make it hard for everyone all the way around. Just because I am better off with a job than no job does not mean I should be happy about paying increased taxes. Everything I pay for is going up; electricity, food, cost of clothing and transportation, and now my income is going down. This upsets me. It upsets me even more because of why. All this banter and discussion and bickering about the fiscal cliff and spending cuts and who pays more and why and in the end it does not matter, there is no coming back from where we are. Not doing something means it becomes even harder for people to get by, to get ahead and more people need the government for sustenance; Need a government which does not have the means to support the massive amount of those in need it is working so hard to create. I hope you get back in the workforce and can pay taxes. I really do. Everyday I count myself lucky we have an income, and I do not forget how awful the feeling of not having one was. [/quote]
Original Message
[
link to rt.com
]
Congress approved US President Barack Obama’s hallmark health care bill nearly three years ago, but only in the coming weeks will Americans finally start to see the real price of the program.
A whole new slew of taxes are expected to be imposed starting January 1 to help pay for the health care plan, and that isn’t sitting pretty with some high-income households, or even the medical industry.
There will be a few new changes in 2013 as far as taxes go, but the one that might affect the most people is one that targets income investments. Individuals making more than $200,000 annually (and married couples making over $250k combined) will be subjected to a 3.8 percent levy on investment income, a maneuver that it expected to earn Uncle Sam an extra $123 billion between the first of the year and 2019.
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