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Eukodol asked in Politics & GovernmentPolitics · 1 decade ago

Who will pay for my boss' tax increase under Obama?

Under Obama's tax plan, I stand to receive a $400 per year tax CUT. My boss, on the other hand, will PAY an extra $200,000 in taxes. That makes me feel all warm and gooey inside because rich people are evil and deserve to be punished. But if my boss can't afford to give out annual raises and bonuses because his taxes were hiked, I stand to lose a total of $3,500 per year. So who will Obama get to pay my boss' taxes so that I don't have to?

14 Answers

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  • Anonymous
    1 decade ago
    Favorite Answer

    After this Republicans Admin... you will be lucky to have a job. after the way they have messed up the economy this past 8yrs.

  • 5 years ago

    Haha, I read a quote from Harper's index in one of the answers. Raised only 5%, so that's not bad right? Wait, the current tax rate is 35% for the "rich" and, what, about 9% for the middle class? So only increased to 40%... Here's the message I see. "The harder you work, the more we'll take." You tell me people... how would you like if your paycheck was HALF of what you earned? So is the goal of America to work hard, get better, but not too good! We'll punish you then! Only in America do you call someone who doesn't have a job, getting a check anyway, and has a flat screen TV and new rims "poor". Anyone from another country reading this "poor" debate has to be screaming right now. Wake up you idiotic people! America is the land of opportunity, not the land of giveaways. Want more money? GO WORK! Income tax is a joke anyway and the amendment responsible should be abolished. Bring on the Fair Tax!

  • ?
    Lv 4
    1 decade ago

    His taxes would be returning to the level that they were just a few years ago before the Bush tax cuts. Now since your boss has been getting an extra $200,000 dollars per year for the past few years, I'm curious how much of that money has actually trickled down into the pockets of employees.

  • Anonymous
    1 decade ago

    Obama's plan is to give 90 percent of the US population more money...

    this happens to be the poorer 90 percent... and what do poor people do with money... spend it...

    and... odds are... you work for a company that supplies something that poor people buy stuff from... or you work for a company that provides a service for companies that poor people buy stuff from...

    so... theoretically... sales should go up... which should give your boss a big bonus, which if he's making enough to pay 200,000 in taxes... it will be a six figure bonus... which he's coming out way ahead on that deal...

    and you're coming out ahead, as you mention... odds are...

    if you're selling Ferraris or Yachts... you may be in trouble...

    EDIT: so to answer your question... we all will... by buying stuff

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  • Anonymous
    1 decade ago

    Obama

  • Anonymous
    1 decade ago

    welfare for the rich is unhealthy for the economy or didn't you notice? what did he do with the tax cuts he already got from bush? give you a raise and hire more people or buy himself a new yacht and mercedes like all the other greedy pro-tax cut bush lovers?

  • Anonymous
    1 decade ago

    I didn't know your raises and bonuses came out of your boss's personal income.

    Who's going to pay your mortgage after the wall street fat cats walk off with some sweet Republican-backed corporate welfare check?

  • Anonymous
    1 decade ago

    I own 6 successful convenience stores. If Obama's tax raise is for real for me (he may not actually do it) I will have to lay off three part time employees to keep my income stable. I like giving people jobs, and that is not so bad.

  • 1 decade ago

    Your boss will have to find a way to make up the money, otherwise his smart employees will go get better jobs.

  • Anonymous
    1 decade ago

    If your boss will have to pay an extra $200,000 in taxes, then he makes enough for you to be OK....

  • Anonymous
    1 decade ago

    Your boss and your whole company will be blown to smitherines when Mr. Warhawk McCain gets in office and starts WW3. The Name McCain is synomous with wars.

    The American empire is on the verge of collapsing if we do not change our "our way or no way" attitude.

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