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	<title>Comments on: Obama &amp; Middle Class Income Tax Increases [Reader Post]</title>
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		<title>By: James Raider</title>
		<link>http://floppingaces.net/2009/08/06/obama-middle-class-income-tax-increases-reader-post/comment-page-1/#comment-235756</link>
		<dc:creator>James Raider</dc:creator>
		<pubDate>Sat, 08 Aug 2009 23:11:46 +0000</pubDate>
		<guid isPermaLink="false">http://www.floppingaces.net/?p=25913#comment-235756</guid>
		<description>@  Nellie, 

Good for you.  That is a good start, next, ... 12 grape tomatoes.  Plus, what you grow will probably be more nutritious than what you buy.  

Life may get that simple through the next decade as government increasingly monetizes more and more of its debt.</description>
		<content:encoded><![CDATA[<!-- google_ad_section_start --><p>@  Nellie, </p>
<p>Good for you.  That is a good start, next, &#8230; 12 grape tomatoes.  Plus, what you grow will probably be more nutritious than what you buy.  </p>
<p>Life may get that simple through the next decade as government increasingly monetizes more and more of its debt.</p>
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		<title>By: Nellie</title>
		<link>http://floppingaces.net/2009/08/06/obama-middle-class-income-tax-increases-reader-post/comment-page-1/#comment-235727</link>
		<dc:creator>Nellie</dc:creator>
		<pubDate>Sat, 08 Aug 2009 22:01:01 +0000</pubDate>
		<guid isPermaLink="false">http://www.floppingaces.net/?p=25913#comment-235727</guid>
		<description>Why, yes, I planted a good-sized garden, my first.  So far, I&#039;ve harvested a pea pod, a radish, a baby carrot, and at least 6 grape tomatoes.  I was hoping to get some practice and save some money on groceries.  Fortunately I wasn&#039;t counting on feeding anyone this year.</description>
		<content:encoded><![CDATA[<!-- google_ad_section_start --><p>Why, yes, I planted a good-sized garden, my first.  So far, I&#8217;ve harvested a pea pod, a radish, a baby carrot, and at least 6 grape tomatoes.  I was hoping to get some practice and save some money on groceries.  Fortunately I wasn&#8217;t counting on feeding anyone this year.</p>
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		<title>By: James Raider</title>
		<link>http://floppingaces.net/2009/08/06/obama-middle-class-income-tax-increases-reader-post/comment-page-1/#comment-234833</link>
		<dc:creator>James Raider</dc:creator>
		<pubDate>Fri, 07 Aug 2009 07:14:47 +0000</pubDate>
		<guid isPermaLink="false">http://www.floppingaces.net/?p=25913#comment-234833</guid>
		<description>@  Papa Ray,

Have you planted your vegetable garden yet?  That&#039;s is where the rubber might meet the road.</description>
		<content:encoded><![CDATA[<!-- google_ad_section_start --><p>@  Papa Ray,</p>
<p>Have you planted your vegetable garden yet?  That&#8217;s is where the rubber might meet the road.</p>
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		<title>By: James Raider</title>
		<link>http://floppingaces.net/2009/08/06/obama-middle-class-income-tax-increases-reader-post/comment-page-1/#comment-234827</link>
		<dc:creator>James Raider</dc:creator>
		<pubDate>Fri, 07 Aug 2009 07:10:57 +0000</pubDate>
		<guid isPermaLink="false">http://www.floppingaces.net/?p=25913#comment-234827</guid>
		<description>@   Inspectorudy

I know that the same tired quote from Warren Buffett has been repeatedly plastered everywhere by friends of Obama, regarding,  &quot;the rich should pay more taxes,&quot;   however, ... that is bunk. Period.   All of the very wealthy individuals whose paths I&#039;ve crossed over the years, did absolutely everything they could to MINIMIZE their taxes,  ... everything.  

That is why there are millions of &quot;off-shore&quot; accounts and &quot;holding&quot; entities and &quot;trusts,&quot; in countries from Singapore to Switzerland.  Many individuals simply move off-shore but retain some assets &quot;on-shore.&quot;   

Just don&#039;t believe the crap being fed out there about the rich being so readily altruistic and benevolent.   There is a reason talented accountants and tax lawyers make more than average wages. They hide income very deftly.  Rich or poor, no one likes taxes, and every nickel counts.</description>
		<content:encoded><![CDATA[<!-- google_ad_section_start --><p>@   Inspectorudy</p>
<p>I know that the same tired quote from Warren Buffett has been repeatedly plastered everywhere by friends of Obama, regarding,  &#8220;the rich should pay more taxes,&#8221;   however, &#8230; that is bunk. Period.   All of the very wealthy individuals whose paths I&#8217;ve crossed over the years, did absolutely everything they could to MINIMIZE their taxes,  &#8230; everything.  </p>
<p>That is why there are millions of &#8220;off-shore&#8221; accounts and &#8220;holding&#8221; entities and &#8220;trusts,&#8221; in countries from Singapore to Switzerland.  Many individuals simply move off-shore but retain some assets &#8220;on-shore.&#8221;   </p>
<p>Just don&#8217;t believe the crap being fed out there about the rich being so readily altruistic and benevolent.   There is a reason talented accountants and tax lawyers make more than average wages. They hide income very deftly.  Rich or poor, no one likes taxes, and every nickel counts.</p>
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		<title>By: Papa Ray</title>
		<link>http://floppingaces.net/2009/08/06/obama-middle-class-income-tax-increases-reader-post/comment-page-1/#comment-234611</link>
		<dc:creator>Papa Ray</dc:creator>
		<pubDate>Thu, 06 Aug 2009 21:05:47 +0000</pubDate>
		<guid isPermaLink="false">http://www.floppingaces.net/?p=25913#comment-234611</guid>
		<description>Think things are bad now, wait until the bottom falls out of commercial properties as many (who should know) are warning. Then like dominoes the effect will widen.

Yes taxes are going to go up for everybody and most likely some kind of value added, or consumer based tax will be initiated along with bigger penalties for tax evasion of any and all kinds. States will be going bankrupt, unemployment money will come out of your pockets for anyone in any other state. Growth will stop in all sectors and every business will turn in to themselves for survival and many will just not be able to weather the storm.

Those worthless dollars will become even more worthless.

Underground economies will flourish, barter will become the new wage, families will be forced to do many things they could not even envision at this time. It is going to get bad and then worse still.

Start preparing yourself and your family now.

Papa Ray
West Texas</description>
		<content:encoded><![CDATA[<!-- google_ad_section_start --><p>Think things are bad now, wait until the bottom falls out of commercial properties as many (who should know) are warning. Then like dominoes the effect will widen.</p>
<p>Yes taxes are going to go up for everybody and most likely some kind of value added, or consumer based tax will be initiated along with bigger penalties for tax evasion of any and all kinds. States will be going bankrupt, unemployment money will come out of your pockets for anyone in any other state. Growth will stop in all sectors and every business will turn in to themselves for survival and many will just not be able to weather the storm.</p>
<p>Those worthless dollars will become even more worthless.</p>
<p>Underground economies will flourish, barter will become the new wage, families will be forced to do many things they could not even envision at this time. It is going to get bad and then worse still.</p>
<p>Start preparing yourself and your family now.</p>
<p>Papa Ray<br />
West Texas</p>
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		<title>By: Inspectorudy</title>
		<link>http://floppingaces.net/2009/08/06/obama-middle-class-income-tax-increases-reader-post/comment-page-1/#comment-234594</link>
		<dc:creator>Inspectorudy</dc:creator>
		<pubDate>Thu, 06 Aug 2009 20:02:58 +0000</pubDate>
		<guid isPermaLink="false">http://www.floppingaces.net/?p=25913#comment-234594</guid>
		<description>One of the things that has puzzled me for some time is the notion that &quot;Rich&quot; people will stand still for this lopsided gouging for very long.  The reason they are rich is that they know how to avoid paying huge tax bills.  There is a sense of fairness with some very wealthy people and they not only donate but willingly pay ther taxes.  But this will not last at the confisacatory rates that BHO is planning.  Then what will BHO do?  You guessed it, raise taxes on the MIDDLE CLASS!</description>
		<content:encoded><![CDATA[<!-- google_ad_section_start --><p>One of the things that has puzzled me for some time is the notion that &#8220;Rich&#8221; people will stand still for this lopsided gouging for very long.  The reason they are rich is that they know how to avoid paying huge tax bills.  There is a sense of fairness with some very wealthy people and they not only donate but willingly pay ther taxes.  But this will not last at the confisacatory rates that BHO is planning.  Then what will BHO do?  You guessed it, raise taxes on the MIDDLE CLASS!</p>
<!-- google_ad_section_end --><div class="CommentRating">Like or Dislike: <img style="padding: 0px; margin: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="up-234594" src="http://floppingaces.net/wp-content/plugins/comment-rating-pro/images/1_14_up.png" alt="Thumb up" onclick="javascript:ckratingKarma('234594', 'add', 'floppingaces.net/wp-content/plugins/comment-rating-pro/', '1_14_');" title="Thumb up" /> <span id="karma-234594-up" style="font-size:12px; color:#009933;">0</span>&nbsp;<img style="padding: 0px; margin: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="down-234594" src="http://floppingaces.net/wp-content/plugins/comment-rating-pro/images/1_14_down.png" alt="Thumb down" onclick="javascript:ckratingKarma('234594', 'subtract', 'floppingaces.net/wp-content/plugins/comment-rating-pro/', '1_14_')" title="Thumb down" /> <span id="karma-234594-down" style="font-size:12px; color:#990033;">0</span></div>]]></content:encoded>
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		<title>By: BarbaraS</title>
		<link>http://floppingaces.net/2009/08/06/obama-middle-class-income-tax-increases-reader-post/comment-page-1/#comment-234567</link>
		<dc:creator>BarbaraS</dc:creator>
		<pubDate>Thu, 06 Aug 2009 18:50:49 +0000</pubDate>
		<guid isPermaLink="false">http://www.floppingaces.net/?p=25913#comment-234567</guid>
		<description>When Bush was president I could understand giving out this money to get co-operation from these countries to fight Al Quaeda but Obama does not seem to want to fight terrorism.  He&#039;s too busy knuckling under to all the despots of this world.</description>
		<content:encoded><![CDATA[<!-- google_ad_section_start --><p>When Bush was president I could understand giving out this money to get co-operation from these countries to fight Al Quaeda but Obama does not seem to want to fight terrorism.  He&#8217;s too busy knuckling under to all the despots of this world.</p>
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		<title>By: BarbaraS</title>
		<link>http://floppingaces.net/2009/08/06/obama-middle-class-income-tax-increases-reader-post/comment-page-1/#comment-234565</link>
		<dc:creator>BarbaraS</dc:creator>
		<pubDate>Thu, 06 Aug 2009 18:47:38 +0000</pubDate>
		<guid isPermaLink="false">http://www.floppingaces.net/?p=25913#comment-234565</guid>
		<description>What concerns me, among many of my concerns of the direction this administration is going, is the tripled budget congress has passed.  What is he going to do with all this money?  Clearly, he will no longer need congress to issue money for his pet projects that are guaranteed to undermine this country.  He has enough to do whatever he wants.  Even if these funds are earmarked for certain items, what has ever stopped him from breaking the law and ignoring the Constitution?

Another thing I want to know is why are we still giving billions to every shirttail country in the world even the ones who hate our guts?  If our economy is so bad we need to keep this money in this country.  I thought the original meme of distributing this money was to contain communism.  Well, we are rapidly becoming what we have fought againstfor the last 6 decades and more.</description>
		<content:encoded><![CDATA[<!-- google_ad_section_start --><p>What concerns me, among many of my concerns of the direction this administration is going, is the tripled budget congress has passed.  What is he going to do with all this money?  Clearly, he will no longer need congress to issue money for his pet projects that are guaranteed to undermine this country.  He has enough to do whatever he wants.  Even if these funds are earmarked for certain items, what has ever stopped him from breaking the law and ignoring the Constitution?</p>
<p>Another thing I want to know is why are we still giving billions to every shirttail country in the world even the ones who hate our guts?  If our economy is so bad we need to keep this money in this country.  I thought the original meme of distributing this money was to contain communism.  Well, we are rapidly becoming what we have fought againstfor the last 6 decades and more.</p>
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