I just want to take a quick poll...

[A//// Guy]

5 more dollars here to keep Toms ban train going. Were so fawked.

[At-Least-It's-An-Evo]

Obama won, even in our poll. There's nothing you can do about it. Yay.

[BLaCk_1cE]

Love him or hate him, I think we should all go out and buy every newspaper and save them for generations for this enormously historical election.

[A//// Guy]

Originally Posted by BLaCk_1cE

Love him or hate him, I think we should all go out and buy every newspaper and save them for generations for this enormously historical election.

Or burn them. haha jk

[kittay]

I'm scared.
My husband will lose his engineering job thanks to overtaxing of the rich. Since now his boss won't be able to expand let alone pay him..

I don't like the idea that I'll go work at Burger King and make as much as he was making.. And now welfare is going to have a HUGE increase of people.

The job market scares me. If employers get over taxed and can't afford workers, what is going to happen? We're already in a hiring freeze.

There is a huge potential for lack of motivation to go college now. If everyone makes equal salaries, why bother getting a trade?

[Matt D.]

Originally Posted by kittay

I'm scared.
My husband will lose his engineering job thanks to overtaxing of the rich. Since now his boss won't be able to expand let alone pay him..

My friend who drives truck is as scared as you. His employer makes over $250k. Fuel is already expensive, increase taxes, pay your employees less, and soon enough they won't be able to afford to live.

[kittay]

I'm nervous to see how the job situation turns out! I can't even find a job right now. If people are losing their jobs, what then?

[A//// Guy]

Yea, right after I was hired 3 weeks ago, they freezed hiring here, and also are making drastic cost cutting measures. Its scary.. Its all because of the fear of taxes being raised, hurting businesses the most.

[Kracka]

But hey, at least the lazy unemployed losers can still sit and home and watch the big-screens we've all bought for them with our tax dollars! Maybe I'll get a second job so I can support even more of them.

[Matt D.]

My roommate works for Ultimate Electronics corporate, but is part of the field team that manages the stores. The corporate office was cut in half last week, 50% of the people there were let go. He was told he's fortunate to still have a job, but after the holidays he's rather uncertain if he'll still be working there.

[1QUICK4]

My old lady was laid off this Monday due to the dealerships hurting so badly right now. She had been there for 13 years, manager for 8 of them.

Oh well, Obama's going to pay our bills for us

[asshanson]

You guys are the biggest pessimists in the entire world. It seems like you're already blaming Obama for what has been happening over the past 6 months or year or whatever. I think it's going to keep getting worse for another couple years, no matter who is in office.

He is going to be an easy scapegoat for sure, which I think is dumb. He came into office at the worst time, but I'm hoping he can turn things around. Why can't we wait and see before being so negative?

And if any of you is making more than $200k/year salary after deductions, I think you shouldn't be complaining about having another couple percent income tax, that's a lot of money. Also I'm glad capital gains taxes are going up, that's how the rich make their money anyway, not through regular income.

[Goat Blower]

Originally Posted by 1QUICK4

I didn't like the fact that most of the money was going to the Guthrie theater as well as MPR and many other arts programs. Most of the pollution in our lakes and rivers is mercury (which they can do nothing about).

It's also in the parts per trillion level, and they only tested about 15% of the lakes and extrapolated the numbers from that. Just one more way to pad the government coffer.

[Goat Blower]

Originally Posted by slowboy

Also I'm glad capital gains taxes are going up, that's how the rich make their money anyway, not through regular income.

You've obviously didn't own a house more than three years ago as every home owner in the US rode the housing market wave after Clinton forced Fannie and Freddie give everybody a home loan. We all did pretty nicely on that, you wouldn't be so excited about doubling the capital gains tax if you were one of us. And besides that, exactly what do you think the government is going to do for you with that extra money? Show me any government program that is self-sufficient.

[asshanson]

This is true, I didn't get to ride the housing wave, but it's the principle of it in my opinion, I think it should be higher than half what other income is taxed at.

I do have a question though, when do you pay the capital gains on a house? If you buy it for $100k, sell for $300k, then buy another $300k house, do you pay capital gains, or only if you buy a new one cheaper than $300k? I thought the only penalties were on buying a cheaper house than what you sold.

[MATCHBX]

You pay capital gains at the end of the tax year on anything higher than your regular income if I remember correctly. My mother had to go out and buy a new car in 2001 with what was left over from when she refinanced her home. If she hadn't, she would've been hit with capital gains on what was left.

[scheides]

Bacon.

[Kracka]

Originally Posted by scheides

Bacon.

I now have a craving for Triple Rock bar.

[mdost03]

From another forum, thought it was funny. Obama's plan in action:

"Today on my way to lunch I passed a homeless guy with a sign that read "Vote Obama, I need the money." I laughed. Once in the restaurant my server had on a "Obama 08" tie, again I laughed as he had given away his political preference--just imagine the coincidence. When the bill came I decided not to tip the server and explained to him that I was exploring the Obama redistribution of wealth concept. He stood there in disbelief while I told him that I was going to redistribute his tip to someone who I deemed more in need--the homeless guy outside. The server angrily stormed from my sight. I went outside, gave the homeless guy $10 and told him to thank the server inside as I've decided he could use the money more. The homeless guy was grateful. At the end of my rather unscientific redistribution experiment I realized the homeless guy was grateful for the money he did not earn, but the waiter was pretty angry that I gave away the money he did earn even though the actual recipient needed money more. I guess redistribution of wealth is an easier thing to swallow in concept than in practical application."

[Febo]

I have to agree with slowboy right now. You guys earlier up on this page are blaming a man who isnt even president. If anything you should all be bashing the rock brained idiot who is sitting in the big chair right now. Hes the one who has effed this economy by out sourcing jobs, improper tax cuts, and non govt regulation of the health care system which has rocked employers who want to offer benifits, and has rocked people dependant on medicine. Everyone says trickle down economics is the way to go, the only problem with a trickle is it only takes one stone to stop it and have it pool.