Originally posted by ptompkins
Idea,
if the issue of a 'salary' cap exists, why not just find new sources of funds. Heck, allow for higher ticket sales, allow for media revenue in lower leagues, or heck why not add more seats in a stadium.
Are you guys Democrats or something? Because you are starting to sound like Obama! Take my money and give it to someone that can't afford healthcare (or in most cases chooses not to afford healthcare).
Take the money I've saved with my team, the money I've worked for the last 2 years build up and give it to some other team that has no clue about money management.
Wow, I never realized the similarities until it just hit me. Taxed by Obama to death in real life, taxed by Catch in GLB. Next thing you are going to say is God doesn't exist.Clueless analogy. Obama has lowered 25 different taxes. Taxes have only been raised on cigarette smokers and tanning salons.
Did you know that if you make over 109K you pay no social security tax? Did you know that if you make all your money through capital gains, you pay no medicare tax even though you are eligible for it?
Only people who make less than 109K pay into social security. Does it make sense for those who make more to NOT pay into it?
In the healthcare bill, singles who make 200K and families who make 250K now have to help pay for medicare an social security whereas before they did not. Do you fall into the above category (of making 200-250K from capital gains)? If so, then you need to pay your share of medicare/social security taxes. If you don't fall into the above catagory, then your taxes have been lowered.
Get yourself informed:
http://www.cbsnews.com/8301-503544_162-20002548-503544.html?tag=contentMain;contentBodyThese are just 8 of the 25 different tax incentives Obama has put forward:
* An increase in the Earned Income Tax Credit
* An expansion of the Child Tax Credit
* For those who work, the Making Work Pay tax credit offered $400 per individual and $800 per couple
* For those who lost their job, there was a 65 percent tax credit to help cover the cost of health care. The first $2,400 in unemployment benefits went tax-free
* Up to $2,500 under the American Opportunity Credit for students and parents paying for college tuition
* $8,000 for first-time home buyers
* A deduction of state and local taxes paid on a new car
* Up to $1,500 for home improvements to increase energy efficiency
Sorry for bringing politics in the forum but I have to set the record straight.