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...and off the cliff we go

 
Anonymous Coward
User ID: 30670070
United States
01/01/2013 05:29 PM
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Re: ...and off the cliff we go
Murdoch: Senate Deal 'Won't Fix Economy'

Media baron Rupert Murdoch doesn't see the Senate's fiscal cliff vote early Tuesday as a victory for anybody, especially President Obama.

Indeed, he tweets, the deal overwhelmingly passed by the Senate is likely to tank the economy.

[link to www.newsmax.com]


Senate-Passed Deal Means Higher Taxes on 77% of Households

The budget deal passed by the U.S. Senate today would raise taxes on 77.1 percent of U.S. households, mostly because of the expiration of a payroll tax cut, according to preliminary estimates from the nonpartisan Tax Policy Center in Washington.

More than 80 percent of households with incomes between $50,000 and $200,000 would pay higher taxes. Among the households facing higher taxes, the average increase would be $1,635, the policy center said. A 2 percent payroll tax cut, enacted during the economic slowdown, is being allowed to expire as of yesterday.

[link to www.newsmax.com]


Full Details of the Senate Tax Deal

[link to www.newsmax.com]
 Quoting: Anonymous Coward 15910017

If they raise Social Security taxes back up, they have less of an excuse to cut Social Security benefits or jigger the inflation formula.

Of course Rupert Murdoch will never have to live on Social Security so he doesn't care about that.
Wubbo Ockels

User ID: 14726463
Netherlands
01/01/2013 05:30 PM

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Re: ...and off the cliff we go
Thread: CLIFF DEAL HITS A NEW SNAG with House Republicans !


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R.I.P. for the real Wubbo Ockels. He was a true icon of my country, and a great front-fighter for sustainable energie/technology and humanism.

"Yes, we have hurdles, we have distractions, we have disasters, personally and world-wide, and we do have to work it all out ourselves. BUT, there is a most amazing experience awaiting us on the other end of the finish-line.
The idea being, once we can handle it all down here, then we can live and explore eternally, responsibly, because we know what not to do, and not be resentful about being responsible, so we don't start a polarity domino effect in the other realms of existence."

"The Fraction" of Life can be increased in value not so much by increasing your Numerator as by lessening your Denominator. Nay, unless my Algebra deceive me, Unity itself divided by Zero will give Infinity."

Thread: LADIES & GENTLEMEN: I PRESENT to YOU OUR NEW SUN !!
Hardwired

User ID: 30756078
United States
01/01/2013 05:52 PM

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Re: ...and off the cliff we go
We are lucky we still have ZAZZ saving our asses because the DOW is UP 160 points!
 Quoting: Anonymous Coward 31273515


The DOW is just a number the federal media throws around to convince people that the 10% voluntary contribution to the Wall Street mafia is a good thing.

Keep on spending, consumers. That e-mail you got today says you are worth more $$$!!!
Anonymous Coward
User ID: 29991986
United States
01/01/2013 06:19 PM
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Re: ...and off the cliff we go
We are lucky we still have ZAZZ saving our asses because the DOW is UP 160 points!
 Quoting: Anonymous Coward 31273515


The DOW is just a number the federal media throws around to convince people that the 10% voluntary contribution to the Wall Street mafia is a good thing.

Keep on spending, consumers. That e-mail you got today says you are worth more $$$!!!
 Quoting: Hardwired


If we are going off the cliff, keep what monies you can. W4- up deductions, set them to something like 15 you can always change them back by the end of the year IF you want to... Just let thm know this is not a joke and we aren't laughing
Anonymous Coward
User ID: 31298935
United States
01/01/2013 06:23 PM
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Re: ...and off the cliff we go
Times have changed and hope deranged.
Hi Ho Hi Ho Hi Ho!

Shovel ready is not.
Jobs are lost.
Hi Ho Hi Ho Hi Ho!

Snow White and the seven dwarfs would have had to depend on the Government today!
Mr. Toppit

User ID: 26466623
United States
01/01/2013 11:27 PM

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Re: ...and off the cliff we go
The black swan is taking a terrible plunge tonight.

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