Comments on: The Mother of All Tax Bills http://www.taxgirl.com/the-mother-of-all-tax-bills/ Paying taxes is painful... but reading about them shouldn't be. Fri, 20 Nov 2009 22:29:12 -0500 http://wordpress.org/?v=2.8.6 hourly 1 By: Jim Newhard, CPA http://www.taxgirl.com/the-mother-of-all-tax-bills/comment-page-1/#comment-3548 Jim Newhard, CPA Fri, 09 Nov 2007 17:23:21 +0000 http://www.taxgirl.com/the-mother-of-all-tax-bills/#comment-3548 Even Rangel does not believe in his proposal as he proposed splitting out 2007 "extenders" and "1-year AMT patch" into separate proposals so they could get done. However, I am offended at Rangel attempt to phase-back in the marriage penalty. I would hope we could agree that the most significant threat to Americans (exclusive of terrorism and border concerns) is the unbridled credit spending, the proliferation of refinancing of real estate for consumer spending, and an incredible collapse of the concept of "SAVING" - we are impatient and too often feel "entitled" to instant gratification. The last thing we need is to send more to government ot "save" for us?! Remember, everyone has a different definaition of "Fair" based on their individual perspective and status (the rich are always those better off than me; "they" should be paying more - not me)! Even Rangel does not believe in his proposal as he proposed splitting out 2007 “extenders” and “1-year AMT patch” into separate proposals so they could get done. However, I am offended at Rangel attempt to phase-back in the marriage penalty.

I would hope we could agree that the most significant threat to Americans (exclusive of terrorism and border concerns) is the unbridled credit spending, the proliferation of refinancing of real estate for consumer spending, and an incredible collapse of the concept of “SAVING” – we are impatient and too often feel “entitled” to instant gratification. The last thing we need is to send more to government ot “save” for us?!

Remember, everyone has a different definaition of “Fair” based on their individual perspective and status (the rich are always those better off than me; “they” should be paying more – not me)!

]]> By: PiperTax http://www.taxgirl.com/the-mother-of-all-tax-bills/comment-page-1/#comment-3547 PiperTax Fri, 09 Nov 2007 00:07:57 +0000 http://www.taxgirl.com/the-mother-of-all-tax-bills/#comment-3547 "The Tax Policy Center estimates that 57% of tax filers (86 million households) would get a tax cut under Rangel’s bill in 2008, while 2.4% of filers (3.6 million households) would pay higher taxes." ...And yet I've seen multiple people writing about it as the "mother of all tax hikes." ...Sigh... “The Tax Policy Center estimates that 57% of tax filers (86 million households) would get a tax cut under Rangel’s bill in 2008, while 2.4% of filers (3.6 million households) would pay higher taxes.”

…And yet I’ve seen multiple people writing about it as the “mother of all tax hikes.” …Sigh…

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