I'm curious about your thinking. For the poll, assume that the Republicans take control of the House and Senate away from the moonbats.
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I'm curious about your thinking. For the poll, assume that the Republicans take control of the House and Senate away from the moonbats.
It really won't affect our spending as just with the way the economy has been we have tightened the purse strings anyway. I am watching the Governors race closely and that is what make me a touch nervous. All three candidates have stated they will cut state spending and government. Specifically they have mentioned Transportation and Higher Education.
Layoffs?
Furloughs?
We'll see.
I have learned from my gov. that I can spend my way out of debt.
poll should one more option,
do you feel the election will help your industry and make your job more secure?
Nothings gonna change IMO, doesn't really matter who's in there for the most part. Our country is kinda f'd in general right now, and it all politician's fault. Not just the dems...
My portfolio is empty... which means I stop watching the market. All of my fund are either in properties or under my mattress. So property value would be my sole indicator to spend more or less. It has been ongoing for the last 2 years. Both GOP and Dems are acting pretty much the same the last 18 years anyway. So nope, I care more about my rights etc than how will the election affect my spending.
I'm beyond broke, especially after this weekend when my brother came to town... so it'll have no immediate effect on my life... or lack of.
Saving for a house, damn they are pricey. Got almost everything i need right now
Where's the "Still putting every spare penny into firearms, ammo and MREs." option at ?
I believe it will prevent it from getting worse if they continue the Bush tax cuts. If the cuts go away, we'll be cutting back as will many others.
You realize the tax cuts are being extended for everyone making less than $250k a year, right? The debate is only about extending it for those making over that limit. So if you're making more than 250k, you'll pay an extra 4% taxes on what you're making over that limit. Is that going to affect your spending?Quote:
Originally Posted by ronaldrwl
H.
Well congress is out of session and I'm sure they haven't voted to extend the cuts while on vacation. And yes 4% makes a big difference. Consider ~65% of our income already goes to taxes of kind or another. And add to that our fixed expensive like FOOD, Mortgage, Life. So I would say anther 4% maybe close to all the discretionary spending we have.Quote:
Originally Posted by Hoosier
was broke, am broke, will be broke
It doesn't really matter because we wont get a majority in the Senate let alone a veto proof majority.
You realize that it's going from 36% to 39% only on earnings above 250k? So if you make 300k a year, this is a tax difference of $1,500 in taxes paid. You're saying that $1500 a year is your discretionary income on $300,000 a year? If you are spending $11k dollars a month in fixed expenditures (mortgage, food, etc) and left yourself with just $125 a month in surplus...Quote:
Originally Posted by ronaldrwl
H.