Rush Limbaugh's cigar philosophy

Off the top of the head math:
AS I said, if you earn a decent salary, You're hit with AMT so you start at 27.5% - so lets call it 25%
Salary Fed 25%
State 8%
FICA 15% You could argue 7.5% but you're wrong
Medicare 2.5%
Real estate 8% For me
Sales&Misc 4% You probably pay on half your purchases
Remember the cost of all goods purchased, including food, includes taxes

To me, that seems like more than 50%!
 
hotreds said:
Yeah, it's too bad that Jr never reached the pinnacle while in Cinci- his home town, after all. Wish him well in Chi Town, the Rojos have a looooong way to go b4 they do anything positive, I'm afraid!
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Love to see Phillips have some sort of leadership for the team. W/ Griffey out of the pic, maybe Dunn will be shortly behind, putting Phillips as the team captain. Someone w/ some energy to boost this team's morale.
 
kas said:
The reason the tax code includes progressively higher rates according to income is because 15% of someone's subsistence income is not the same as 15% of Bill Gates' income in terms of affordability. I'd love a flat tax if anyone could ever design one that is fair -- but it simply isn't fair on that basis.
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And its beliefs like that, which make me sick to my stomach. Who are you, or anyone for that matter to decide what's "fair" in terms of affordability? Punishing the successful for being successful to support those who are not is more "fair"? Let's give everyone a trophy even the losers. Let's not keep score so no one's feelings get hurt. Hey let's just stop trying to better ourselves since winning has no benefit anymore.

Believe it or not, many successful people will support those less fortunate than themselves without being forced to. Look at the outpouring of support just on this small board for the troops and for fellow members in need. All without tax benefits or being told they have to. Do the wealthy pay a higher percentage in sales tax just because they are wealthy? No. Do the wealthy pay more for the same gallon of gas at the same gas station as a middle income wage earner? No. Do the wealthy pay 25% more for their electric? No. Then why should they pay more taxes in a "fair" flat tax?

Oh yea that's right, because they have more, so they can buy more than you, so lets take it to make it fair.

Chas

Edit to add: Just to keep it on topic, I like Rush’s cigar advice.
 
I think people focus too much about unfair taxes.

The biggest problem is the wasteful way our government spends our money. Just how many foreign military bases do we need? What about bridges to nowhere, farm subsides, prison sentences for pot smoking, etc.

I just want to line up every politician, Republican and Democrat, in Washington and scream at them to "STOP SPENDING OUR MONEY"!!!! That's how I feel.





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I want a progressive tax rate.
The poorer you are the more you pay.
Folks recieving welfare would pay 100%
This would get lazy bastards off their asses and give them an
incentive to better themselves instead of expecting me to
subsidize their loser lifestyle.
 
ChasDen said:
Who are you, or anyone for that matter to decide what's "fair" in terms of affordability?

Believe it or not, many successful people will support those less fortunate than themselves without being forced to. Look at the outpouring of support just on this small board for the troops and for fellow members in need.
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I agree with you Chas, and mos things Rush babbles about. Let's keep this fair. "who are you"... He is a tax paying citizen who is entitles to his opinion, although we think it to be a misfortunate one.

I support the troops because it is my, and our choice to. If I could pick and choose of from the thousands of gov't programs to which I would support, I would be richer, happier, and believe that I have a voice in my own gov't.

hoax said:
The biggest problem is the wasteful way our government spends our money. Just how many foreign military bases do we need? What about bridges to nowhere, farm subsides, prison sentences for pot smoking, etc.
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I'm with ya til a point. You can't make blanket statements and think they apply to everyone. Do I think that 90% of laws are made to benefit society? Yes. Do I think 10% of society force gov't to make laws therefore wasting our taxes and time? 100% yes.

You can knock big farms, small farms, but not all farms. Same with prison sentences, for example.

dennis569 said:
Folks recieving welfare would pay 100%
This would get lazy bastards off their asses and give them an
incentive to better themselves instead of expecting me to
subsidize their loser lifestyle.
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Agreed. But again, I believe that 90% of people are taking advantage of something created to benefit 10% of people. Whatever we do, there will be people a giant sucking sound from people sponging the system. Dealing with gov't health benefits, I see this every day. It's sad, really, to see how many people take advantage of the system on a day to day basis.


Sorry for the rant, but I've been reading this thread for a couple days now, and now that I have a few beers in me, I am getting this all out. :2
 
Triolent said:
Sorry for the rant, but I've been reading this thread for a couple days now, and now that I have a few beers in me, I am getting this all out. :2
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But you didn't say anything about Cincinnati or JR leaving? Whassup w/ that?!?:D

Even though Rush is a KC Royals fan. Who in their right mind is a KC Royals fan?!? j\k!
 
CobraSkip said:
Off the top of the head math:
AS I said, if you earn a decent salary, You're hit with AMT so you start at 27.5% - so lets call it 25%
Salary Fed 25%
State 8%
FICA 15% You could argue 7.5% but you're wrong
Medicare 2.5%
Real estate 8% For me
Sales&Misc 4% You probably pay on half your purchases
Remember the cost of all goods purchased, including food, includes taxes

To me, that seems like more than 50%!
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Ok, this is absolutely my last post on this. I was referring to a specific case-in-point in which the income was $40k/yr and taxes/other withholding was $700/month -- which is 21% and not the 35% he stated. As to your example: FICA withholding is capped at a certain income, plenty of states exempt food or clothing or other items from sales tax -- and the state and real estate taxes you cite are much higher than the average across all states.
I don't whistle a happy tune when I write my check to the IRS, but I'm just trying to cut through some of the exaggeration to get to the facts.
 
Warren said:
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I like Rush. I agree with some of what he says but not all.

We must strive for evenness and the golden middle ground, not letting extreme philosophies take over. There are many conflicting interests throughout the U.S. population, they must all be taken into account so that most of us are able to be reasonably comfortable in our existence. JMO.

Now a word about waist. Yes, waist, not waste. Rushes looks pretty large in the photo, and that is cause for worry. A waistline of that size does not promote longevity or well-being. Let's all take note... Larry.
 
kas said:
Ok, this is absolutely my last post on this. I was referring to a specific case-in-point in which the income was $40k/yr and taxes/other withholding was $700/month -- which is 21% and not the 35% he stated. As to your example: FICA withholding is capped at a certain income, plenty of states exempt food or clothing or other items from sales tax -- and the state and real estate taxes you cite are much higher than the average across all states.
I don't whistle a happy tune when I write my check to the IRS, but I'm just trying to cut through some of the exaggeration to get to the facts.
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My last point with you, I said that i make less than 40k a year (closer to 35 than 40). And yes when i calculated the percentage it was 35%. In alabama there are taxes on clothes and food. And by the way i do not exaggerate.
 
I had promised myself to stay out of this thread but I was unable to do so. My only comment is to rember that John Galt Lives!
 
PUFFNMO said:
I like Rush. I agree with some of what he says but not all.

We must strive for evenness and the golden middle ground, not letting extreme philosophies take over. There are many conflicting interests throughout the U.S. population, they must all be taken into account so that most of us are able to be reasonably comfortable in our existence. JMO.

Now a word about waist.......... Larry.
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I wanted to steer clear of this thread, but I have to ask. Are you suggesting Rush represents the middle ground? Apart from his girth, that is. That's a fair hunk of middle, as you point out. Not that I'm one to talk.....
 
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