Have you not been getting your panties in a bunch over the potential expiration of the Bush tax cuts? Have you not been working yourself into a lather over how your life will be ruined– RUINED!!!– if what people are saying might go down does in fact go down? Maybe that’s just because you haven’t stopped to think about what you’re going to be losing. Bloomberg wants you to take this seriously so today they’ve brought out the big guns. Brace yourself, because this is going to hurt:
Wealthy Americans have the price of a BMW convertible riding on the outcome of the Congressional battle over tax cuts set to expire this year. A married New Yorker earning about $1 million in income, with an additional $50,000 in capital gains and $5,000 in dividends may pay about an extra $45,300 in federal income taxes, $2,500 in capital gains and $1,230 on dividends if Congress doesn’t extend the 2001 and 2003 tax reductions scheduled to end Dec. 31, says Alan Dlugash, a partner at Marks Paneth & Shron LLP, a New York-based accounting firm. That’s about a $50,000 hit, he said.
Holy god no! Not the moderately priced BMW! Is this real to you now? Are you getting it? Because that is NOT ALL. We started with the BMW just to ease you into the horror. Here’s what else is riding on these cuts:
* 2,500 shake-weights
* 25,000 Hundred Grand Bars
* 5,000 HJ’s courtesy of Dick Fuld, who’s been seen giving them out at $10 a pop in the 3rd floor men’s room of Barclays (that’s seriously a lot fewer HJ’s, which would positively ruin your year)
* A shitload of Crocs
* 3,333 of these (maybe NSFW)
* 400 of these and I know for FACT at least 3 guys who were going to buy that many and wallpaper their offices
* TWO FEWER OF THESE, which you KNOW is going to chap some serious hide.

irresponsible journalism again. while i don’t want to pay more in taxes, it sounds as if the assumptions are based on all the cuts expiring, not just for the income over 250K. why not put out something based on proposals and get miffed by that. say, if this goes through, i am out 5 hours with Ashley D.
That could pay for a half years pension of a very hard working government employee that retired at 53.
I think you’re trying to be funny, but I can’t tell. If I’m right and you are trying, you should stop.
Bess – I think your math is off. It’s actually:
.5 Hundred Grand Bars.
~ CFA-3
2,000 copies of “I’m Right and You Know I Am” with enough left over to get some saline implants.
I remember when you used to be able to get a Hershey for a nickel!
I’ll Hershey in your hand for free
How about you Hershey in a cup for us.
-”The” Two Girls
They can always make up for it by whoring themselves out to a thousand fat chicks for $50 or a hundred really fat chicks for $500….
In Soviet Russia, Taxes Deduct You!
In Soviet Russia, Taxes Deduct You!
In Soviet Russia, Taxes Deduct You!
Ise gots a cupcake car with pepperoni & sausage
- CG
A whole month’s worth of lap dances at Beamers!
That $50,000 should go to Obama so he can spend it wisely.
This expiration won’t make any difference to the admon’s team though:
http://latimesblogs.latimes.com/washington/2010/09/congress-taxes-irs.html
41 Obama White House aides owe the IRS $831,000 in back taxes — and they’re not alone
Just give these greedy fucks a choice they can understand–pay a little more in taxes or a few members of the middle class you’ve destroyed will stop by some evening to discuss wealth redistribution. In your wife’s ass. Fags.
There’s already so little left over after taxes, what’s another $50K?
that’s like 400 pairs of bonobos… with the discount!