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MothBalls
02-01-10, 03:35 PM
I worked my ass off for years so I could retire early. After that I got bored and started small business and keep a few people employed. I don't get super rich, but I do still make money and a nice profit. Now the government is going to take that from me, again.

Whatever happened to the small business being the backbone of America? I've been specifically targeted by new taxes, fees, insurance rate increases, etc. Was looking forward to some of the "special attention" that was going to be paid to small business. I didn't know that meant they were targeting my wallet.

From the Wall Street Journal:
http://online.wsj.com/article/SB10001424052748704107204575039132987274858.html?m od=WSJ_SecondHomes_sections_HomeAndGardenWASHINGTO N—Taxes on high-income earners would rise by nearly $1 trillion over the next 10 years, under the budget plan put forward by President Barack Obama Monday.

The bulk of that tax increase comes as a result of the expiration at the end of 2010 of tax cuts enacted under President George W. Bush. Marginal income tax rates for people with incomes over $200,000, or $250,000 for married couples, will jump from 33% to 36%, or from 35% to 39.6%.

Capital gains and dividends will be taxed at 20% rather than 15% for people at those income levels.

Limits on upper-income people's ability to claim personal exemptions and itemized deductions will also snap back next year, without any action needed from Congress.Between the Federal, State, County, and City tax increases, increase license fees, increased medical and unemployment insurance, and the fact that I can't get any business loans right now because I'm a hard working white American, it's gotten to the point where there is no point. There is no incentive for working your ass off in America any more.

Stupid little things like having to pay higher unemployment premiums to make payments to people I didn't lay off. The funny thing is the day I got notified of the increase was the same day I was talking to my [unemployed] neighbor. I asked if he found a job yet. He said "I haven't looked, I still have plenty of unemployment left to collect". I had to restrain myself from walking over and kicking his ass. Then, realizing he's not even a man, not even man enough to get off his ass and work, he's not worth it. (Never spoke to him again, never will). This is the new American attitude. The land of entitlements.

I'm leaving the US. Seriously, I've had enough, I'm done. I've thought about it before, now I'm going to do it. (I'm really not kidding or just mad, I'm leaving). I'm doing serious research into where in the world I'm going to move. I just know it isn't going to be here [in the US] any more. I'm sure there are countries out there who would want a hard working small business owner who pays all of his taxes and keeps people gainfully employed.

Chad
02-01-10, 03:49 PM
I like Denmark, having travelled there for the Subsim Meet 2009. Shortly after coming back, there was a special on Denmark, Copenhagen specifically, on the Oprah show about them being the happiest people on the planet.

Plus, a lot of good lookin women there :yep:

Snestorm
02-01-10, 03:50 PM
I know exactly where you're coming from, but don't know where you can go.

Damn Socialism is a world disease.

They keep trying to rewrite Natures Law to say "Survival of the weakest"!

The guy "on disability" get's a reserved parking spot by the front door, while the guy being taxed to support him may not even find a vacant spot.

Their other rule is that descrimination is OK, as long as it's practiced against the majority, or the strongest.

Snestorm
02-01-10, 03:56 PM
I like Denmark, having travelled there for the Subsim Meet 2009. Shortly after coming back, there was a special on Denmark, Copenhagen specifically, on the Oprah show about them being the happiest people on the planet.

Plus, a lot of good lookin women there :yep:

Smaller land where the people have more control of the government.
But if the EU has it's way, that too will be gone to an overpowerful central government, just like in USA. (The United States of Europe - No thanks.)

Chad
02-01-10, 04:11 PM
Ew, no, that doesn't have a good sound to it.. :dead::dead:

SteamWake
02-01-10, 04:18 PM
Second thread like this in a week... Golden Rivet just had one pretty much the same tone.

What they dont realize... as you have stated.. these high taxation rates will not result in greater revenues it will merly drive business away or out of buisness... wheres your revenue then?

Skybird
02-01-10, 04:26 PM
Anyone thinking about immigrating - all I can say is: avoid the EU at all cost, all states of it.

If I were 20 again, and would plan a life again and would have the ressources to support the move, I would leave the EU not only when wishing to found a family, but would leave anyway. Not sure where to go, US and Canada do not seem to be the option I once considered them to be after schooltime. Japan is a harsh place, and it's economical model is collapsing even faster than that of the US. Leaves me with Brazil, maybe (if I had money, at no cost I would need to live there when being poor), or SE Asia.

Anywhere - just away from the united dumbheadedness of Eurabia.

Chad
02-01-10, 04:54 PM
Maybe there is no place to live happily ever after.

I never hear Texans complaining, so we should all move to Texas :hmmm:

stabiz
02-01-10, 05:59 PM
Monaco.

Oberon
02-01-10, 06:45 PM
Yeah, gotta admit, things aren't that much better over here...probably worse in fact.

How about China or Saudi Arabia? I mean, they're going to rule the world eventually so you might as well get the early rates... :hmmm: :03:

AVGWarhawk
02-01-10, 08:13 PM
Two things you can count on in life:

1. death
2. taxes

Platapus
02-01-10, 08:14 PM
I'm leaving the US. Seriously, I've had enough, I'm done. I've thought about it before, now I'm going to do it. (I'm really not kidding or just mad, I'm leaving).


See ya. Best of luck to you. Don't let the door hit you on the butt on the way out. Just don't renounce your citizenship. You might want to come back.

Tribesman
02-02-10, 03:51 AM
They keep trying to rewrite Natures Law to say "Survival of the weakest"!

The guy "on disability" get's a reserved parking spot by the front door, while the guy being taxed to support him may not even find a vacant spot.


There was this bloke back in the 1930s who had an idea you seem to approve of, he knew that a strong nation needed to cleanse itself of the weakest.

See ya. Best of luck to you. Don't let the door hit you on the butt on the way out. Just don't renounce your citizenship. You might want to come back.
But he might want to renounce it if he wants any benefit from the move, after all America does have pretty good tax rates compared to many countries.
So in all probability if he doesn't dump the citizenship he will not only pay the high local taxes he will also still get stung for US taxes.

Monaco.
Good idea, they havn't been forced into a taxdeal with the US yet like so many of the traditional havens have.
Can you remind me again just how much of a multi-millionaire you need to be to avail of tax avoidance facilities in Monaco.

Onkel Neal
02-02-10, 09:24 AM
I This is the new American attitude. The land of entitlements.

I'm leaving the US. Seriously, I've had enough, I'm done. I've thought about it before, now I'm going to do it. (I'm really not kidding or just mad, I'm leaving). I'm doing serious research into where in the world I'm going to move. I just know it isn't going to be here [in the US] any more. I'm sure there are countries out there who would want a hard working small business owner who pays all of his taxes and keeps people gainfully employed.


This is not new, this has been a major factor since FDR. You have to give up more and more of your income to support others.

What country are you going to live in?

SteamWake
02-02-10, 10:35 AM
No its not new however it has escelated to new heights and there is no end in sight.

I guess Obama was hoping for the change in your pocket.


NEW YORK --The Obama administration's plan to cut more than $1 trillion from the deficit over the next decade relies heavily on so-called backdoor tax increases that will result in a bigger tax bill for middle-class families.


http://news.yahoo.com/s/nm/20100201/bs_nm/us_budget_backdoortaxes


Largest-ever federal payroll to hit 2.15 million


http://washingtontimes.com/news/2010/feb/02/burgeoning-federal-payroll-signals-return-of-big-g/

Of course all this growth and escelation is Bush's fault.

GoldenRivet
02-02-10, 11:44 AM
it really is all nonsense.

We should send our feds out to sea in an old diesel boat with worn out engines that wont run another minute.

OVERHAUL THE TAX CODE

and then you will get the tools required to

OVERHAUL THE DIESELS

:yeah:

truth be known there are so many "pet projects" that politicians pour money into... and government spending in the United States is absolutely OUT OF CONTROL and must be curtailed.

Captain Sub
02-02-10, 12:18 PM
Between the Federal, State, County, and City tax increases, increase license fees, increased medical and unemployment insurance, and the fact that I can't get any business loans right now because I'm a hard working white American, it's gotten to the point where there is no point. There is no incentive for working your ass off in America any more.

You have a private mafia organization called "Federal Reserve" who create money where no money is and give it for free to whom they ever want (usually banks and big businesses).

Nuff said

mookiemookie
02-02-10, 12:48 PM
Oh if we could only go back to the good ol' days of the 1950s with Ward and June and the Beav and the....90% top marginal tax bracket?!

http://alexwhalen.typepad.com/.a/6a00d8354d918269e2011168ccdd96970c-500wi

A four percent increase in taxes is not socialism.

AVGWarhawk
02-02-10, 12:56 PM
A four percent increase in taxes is not socialism.


Until that 4% is assessed to you! :O: So who is my 4% supporting now?

CaptainHaplo
02-02-10, 01:32 PM
AVG - its going to support all those hard working people who struggle to make it by sitting at home playing on their game systems instead of getting jobs. Its supporting all those people who have such a hard time going to the store to use their food stamps, because thats difficult work you know. It also goes to support the politicians who want to spend money that doesn't belong to them on stuff that no one really needs.

That isn't a new thing, nor is it specific to any one party or political philosophy. Both "sides" have been at fault for decades on the above.

Hope that clears it up for ya! *Yes I am being sarcastic :)

GoldenRivet
02-02-10, 01:38 PM
Until that 4% is assessed to you! :O: So who is my 4% supporting now?

i can tell you who it is supporting.

but i would probably be banned for saying it.:woot:

Sea Demon
02-02-10, 01:44 PM
Don't vote Democrat. The thing here is Democrats nominated and elected a person with no experience in business at all. Our current President on training wheels never met a payroll. Never filed taxes on a business. Never had to work with an accountant handling business issues. Yet he and the Democrats in Congress are "fixing" taxes on small businesses, which of course will make it harder for them to expand business and grow their own employment pools.

Democrats want it both ways. On the one hand they want all these jobs. On the other, they want to tax the crap out of the people who actually create jobs.

CaptainHaplo
02-02-10, 02:06 PM
SeaDemon, on the surface your right.

But the "republicrats" are pure democpublican lites - and have been since 96.

Both sides are at fault, though yes one is slightly worse than the other.

Until we make the government get serious about reigning in spending, nothing will change.

Sea Demon
02-02-10, 02:12 PM
SeaDemon, on the surface your right.

But the "republicrats" are pure democpublican lites - and have been since 96.

Both sides are at fault, though yes one is slightly worse than the other.

Until we make the government get serious about reigning in spending, nothing will change.

I agree that Republicans in the past few years have not been fiscally sound. I should have added that we need to hold Republicans accountable to the "fiscal responsibility" label they typically claim. I hope they got the message when we booted them out in 06' for that very reason. But there is simply no comparison to current Democrats and their reckless spending, taxation, and deficit explosions.

At least Republicans understand that consumers need confidence to spend, and businesses need capital to expand operations and create employment. Democrats absolutely do not get that. And as such, they're not an option if you actually want job creation or investment/consumer confidence.

Fish
02-03-10, 02:11 PM
[QUOTE=Skybird;1255020]Leaves me with Brazil, maybe (if I had money, at no cost I would need to live there when being poor), or SE Asia.

You should move to Puerto Rico Skybird.
( I stay in the Netherlands. )



Check out this list of the Top 10 Happiest Countries in the World, based on a recent study.*

And if you fancy setting off on a quest for true happiness, our tip is to head for northern Europe…
Who is the Happiest of Them All?
1. Denmark
2. Finland
3. Netherlands
4. Sweden
5. Ireland
6. Canada
7. Switzerland
8. New Zealand
9. Norway
10. Belgium






Read more: Top 10 Happiest Countries in the World | Travel Blog - Tripbase (http://www.tripbase.com/blog/top-10-happiest-countries-in-the-world/#ixzz0eVAp5dgj) http://www.tripbase.com/blog/top-10-happiest-countries-in-the-world/#ixzz0eVAp5dgj


Quess what? Al countrys with high taxes. :rotfl2:

Skybird
02-03-10, 05:04 PM
OVERHAUL THE TAX CODE



It has been repeatedly pointed out by insdiers and law experts in German media that roughly one half of all the globally existing literature on the various existing national tax codes - is about just the German tax code alone.

Digest that, and then tell me who is in need to overhaul his tax code first!?!? :D

SteamWake
02-03-10, 07:39 PM
It has been repeatedly pointed out by insdiers and law experts in German media that roughly one half of all the globally existing literature on the various existing national tax codes - is about just the German tax code alone.

Digest that, and then tell me who is in need to overhaul his tax code first!?!? :D

Thats easy.. both of us. :yep:

Onkel Neal
02-03-10, 11:00 PM
I still wanna know where Mothballs is going to go? Not criticizing, just curious.

Diopos
02-03-10, 11:52 PM
Would be nice to know what are the tax rates in the "happiest" countries ...:yep:

MothBalls
02-04-10, 12:05 AM
I still wanna know where Mothballs is going to go? Not criticizing, just curious.I'm still researching. It's a major decision, I don't do anything on impulse. I do need to decide soon. I found a good Realtor and I'm putting my house on the market Monday.

My brother gave me some good advice. He said: "Don't make the full commitment up front. Travel to the places you think you might want to live and spend a little time there. Then decide." Think it's good advice and I'll probably do that before making the final decision.

spenceMac
02-04-10, 01:03 AM
..........I’m a proud to be right wing 49 yr old black democrat... i.e. an American born, loving, feeling, angry, sad, liberal(socially) who love's the USA and its military.

Just a couple of rants of my own about where we're all at here in the good ol USA:

I follow history somewhat and believe in general we’ll all be okay

We need more Virginia’s & F-22’s

I love IL2-1946 & SH4

I pay taxes, I figure around 29% total when rounding out fed-state-ssec and misc local extras they pile on.

I don’t like paying but I’ve been doing it since my 1st job 33 yrs ago, funny huh, I’m used to it. I would like to think I’m getting my moneys worth but depending on the day of week or what or who i come across during the day, changes my opinion.

I make about 45k, own a home, have a wife & kids and a 401k from work and that’s about the extent of my financial knowledge.

I believe we’ll be okay, I not leaving or quitting

I got debt but my heads above water.

My money doesn’t go as far as it did 10 years ago, is that real or not, I’m not sure but it seem that I pay more for less, ( have you looked at a cereal box lately?)

Liberals aren’t the end of the world
conserv's aren’t the end of the world

I believe we’ll be okay, I not leaving or quitting

Obama isn’t satan just like Bush wasn’t, they're just men, possibly good men
Bush wasn’t satan just like Obama isn’t, they’re just men, possibly good men

Its the intolenerce, hate, bitching, complaining, I’m leaving, its somebody else’s fault and problem, I wont do it, I wont pay it, you cant make me, you cant stop me, get out of my way, what’s taking so long, I don’t want it, why cant I have it.............creed that’s poisoned our county against ourselves.

We blame welfare chiselers, tea baggers, defense industry workers, professors at college, Nancy p, Michelle B, Rush and big Ed Schultz, its bull*$*$, blame ourselves.

I believe we’ll be okay, I not leaving or quitting

We don’t like to look in the mirror though, at least very long anywise.

Have you noticed the crappy roads? But nobody wants to pay

Were told our schools suck but, cut funding to balance budgets

Don’t throw money at it, spend it where it will do the best for all of us

Have you noticed the seeming lack of good earn a living, middle of the road, Jobs available so you can save a little and buy a car or house.

I believe we’ll be okay, I not leaving or quitting

I recall Unions being blamed for a lot of Business\labor’s ills years ago but it seems there aren’t enough around, on average, now to blame, here and now

After a little sacrifice we used to be able to get ahead with determination and hard work.
We still can.

We never hear about what we can do, we only talk about what cant-wont-hate.

Our parents\grandparents came back from some pretty bad times\wars and decided that they could and would do what it takes to work, start a business, raise a family, and yes Pay TAXES.

All of the bitterness between us is selfish and destructive.

Nothing will ever get accomplish if we continue down this route

I believe we’ll be okay, I not leaving or quitting

You can’t cut taxes and spending and make a prosperous nation in our current situation
You can’t raise taxes and spending and make a prosperous nation in our current situation.

We need to band together and meet in the mighty middle, with both right and left solving problems for the middle majority.

Neither can do it alone.

Stop hating on each other

I’m not leaving, I’m still going to work tomorrow and bring home .70 of my dollar earned, turn on my PC, scope out this forum, check my email, see what’s going on in the world, suck down a 2 finger scotch, and when the wife goes to bed, start another mission.

It’s great to be an American, despite the high and probably going higher taxes

I believe we’ll be okay, I not leaving or quitting

Out!
Spence

P.S. I guess that was more than a couple of rants, sorry

Schroeder
02-04-10, 06:18 AM
Quess what? Al countrys with high taxes. :rotfl2:
And a pretty small population.;)

Oberon
02-04-10, 06:41 AM
Nicely said Spence :salute:

CaptainHaplo
02-04-10, 07:28 AM
Spence - welcome aboard - and well said.

While in the details of why things have gone south I suspect we might disagree on some, I suspect we would agree on others.

Your right in that no one group is "evil", though the path to hell is often paved with good intentions. And that applies to all sides in the discussion.

I personally don't hate anyone, though I can despise the ACTIONS of those who do harm even if they can't see recognize it.

Ultimately it is the differences we have that make us strong, because we have the ability to meet in the middle. What is unfortunate is that both sides of the political spectrum want to play off the other, while labeling the other side as "extreme (left/right) wing", and yet bending every important principle they have as soon as they hit the DC city limits.

Your "average" democrat and republican agree on alot more than most people realize. If we get rid of the labels, and start talking substance instead of party affiliation, issues instead of letters beside people's names, we could actually solve some of the obstacles that we face.

August
02-04-10, 08:50 AM
Ban all political parties. Let individuals run for office and let individuals vote for the one they think will do the best job of representing them and their communities.

Onkel Neal
02-04-10, 10:03 AM
..........I’m a proud to be right wing 49 yr old black democrat... i.e. an American born, loving, feeling, angry, sad, liberal(socially) who love's the USA and its military.

Just a couple of rants of my own about where we're all at here in the good ol USA:
...................................

It’s great to be an American, despite the high and probably going higher taxes

I believe we’ll be okay, I not leaving or quitting

Out!
Spence

P.S. I guess that was more than a couple of rants, sorry

You made some great points, Spence.

Mothballs, be sure to take your brother's advice. Travel, stay a few weeks somewhere other than the USA. There are some really big adjustments you have to make. Not saying other countries are lame, but remember, we are used to this system, and it's no accident that this is ground zero for the world's motivated immigrants.

I'm sure the top happiest countries in that list, there are several with high tax rates. Is that what makes them happy? I dunno, but it would be a great place to retire on a pension and let their social services take care of you.

Hitman
02-04-10, 10:15 AM
I think I have a pretty good suggestion for you Mothballs, that will also cost the less:

Come here to Spain for some months and watch how it all goes here. After that, you'll be dying to return to the US and give all the money in your wallet to Obama, trust me :har:

Sailor Steve
02-04-10, 04:30 PM
@ spenceMac: WELCOME ABOARD!:sunny:

martes86
02-04-10, 05:00 PM
Plus, a lot of good lookin women there :yep:

Now that's a good reason. :D
Besides, the US is a country with not so many taxes.
Here in Spain, I just suffered TAX myself. Due to a measure implemented by our "presi", everyone in the country got elegible for a 400 euros tax refund. But they made it so messy, that now it's coming after us. Essentially, what they made was lower the paycheck taxes (in my case, at 9% of total), supposedly to make the families spend more money, all in pro of consumism so the wheel keeps spinning. But now, in this damn economical breakdown, the government has decided that they have to cut expenses, so the measure is off, and my paycheck tax has raised to 12%, which has taken me -24 euros monthly (and everyone I know says they got less money as well).
More taxes... apart from my income tax, I have discounts in my paycheck to pay Social Security expenses, which also get their cut. Also, VAT was already at 16% in its general index, which now rises to 18 or 19%, and even more in the "deluxe" articles index (first necessity stuff stays in the reduced index though). I also have to pay taxes on gasoline (don't know what percentage, but it's always been said that taxes are the reason why gasoline is so expensive), spending about 20 euros a week now that I have to endure half-hour of car travel since they changed my workplace.

Also, our "presi" also says that the official retirement age must be delayed. It's currently at 65, but now we will retire older than that (I think it was 67), and that comes with the calculation period (the years used to determine the amount of money you'll get while retired) being heightened from 15 years to 25, which means that if you didn't work on those years, or had a lower paycheck, you'll end up with less money than those not affected (by currently being beyond the application limit).

Jobs are payed like crap, contracts are rubbish (in my case, I've been renewed twice, and both times, with a temporary contract), and if you want your own home to form a family, you'll just have to get a +30 years mortgage, provided they authorize it first, which has people of 30 y.o. still living with their parents.

The US ain't the only place in the world where crap happens... it's all around the globe.

Snestorm
02-05-10, 02:40 AM
Take your time.
Be careful.
And do your homework, Mothballs.

Leaving one country is NOT the difficult part of relocation.
Finding another that will allow you to reside and work within it's borders is.

Consideration number 1: Language. (This can narrow things down a-bit).

Consideration number 2: Employment, or source of income.

Consideration number 3: Cost of goods versus income.
(Check both Income AND Sales Tax rates. You may be very surprised).

To me, a love for the people, land, and culture of your intended new motherland is MANDATORY. (Nobody likes immigrants that come to exploit their country).

FIREWALL
02-05-10, 04:33 AM
Welcome Aboard Spence That was a darn good post :salute:

Fish
02-05-10, 08:06 AM
And a pretty small population.;)


98 million all together you smartass.:woot: