derek.haines
Smash Ace
That's because in Wisconsin teachers are required to be part of a teachers union that protects them and guarantees an increase in pay with the amount of years worked. In other states, the teachers aren't so lucky. Arizona, where I live, is a right to work state, and the teachers out here don't have to join a union to work. Because of this, the union doesn't have much power and the teachers make pitifully little money.Are you serious? Maybe teaching else where is bad, but in WI, the more you teach, the more money you have a chance to make. My Biology teacher, who had been teaching in the district for a decent amount of time, was making 60,000 dollars for a 9 month period. In the regular day, that teacher had 2 off hours, one for a study hall, one for lunch. So that means he taugh for approximately 6 hours. Then he used those other two hours to correct things. In fact, most teachers use scantron now for tests, so they don't even have to correct those. They also get days off for Winter Break, Spring Break, and any other day the students get off.
Sure I think teachers should get paid more, but how is that going to improve our system? The teachers that are there are going to teach good regardless of their pay.
The point isn't to get the already good teachers to teach better, but to keep those teachers and attempt to recruit new ones. Do you know how much a college professor makes to start, on average? Around $100,000. Now, if you've just gotten a degree, where's the motivation to go teach public school instead of becoming a professor? Hell, if you're teaching high school what's stopping you from just picking up and going to become one?
I'll lay this out for you. The only thing the number 250,000 concerns is individual income. This means if your household makes more than $250,000 (take-home pay, not what your business makes), then your taxes will go up--likely to what they were pre-Bush's tax cuts for the rich. You're still going to be making quite a bit of money, because even a moderately taxed $250,000 is more than enough to live on very comfortably.Not to mention Obama was heard saying 75,000 dollars recently. And I'm sorry but, most small businesses make around 250,000. For example, my friend's family owns a landscaping company in the area of where I live. The company takes care of the surrounding cities, to a max population of about 500,000. There are other competitors to this company, and they have a good chunk of employees under him. But they are still considered by no means a big business. In this tax cut plan, he would have his taxes raised. Meaning he'd have to compensate that tax raise, with a raise in services. Which would mean those who want landscaping would have to pay more, which means they'd be getting screwed as well.
This is going to happen to almost every company. If you think that tax cuts to the middle class are going to improve this economy, you're dreaming. These companies are going to raise prices, which mean all the money you got from your tax cut, is going to go back to them.
As far as businesses go, here's what the Obama plan is actually going to do:
Eliminate capital gains taxes for small businesses, cut corporate taxes for firms that invest and create jobs in the United States, and provide tax credits to reduce the cost of healthcare and to reward investments in innovation.
and
- Reform international tax loopholes: including reforming deferral to end the incentive for
companies to ship jobs overseas and closing the offshore pension loophole;
- Close domestic tax loopholes: including clarifying the economic substance doctrine and increasing reporting of capital gains to close the tax gap;
- Eliminate special tax breaks for oil and gas companies: including repealing special expensing rules, foreign tax credit benefits, and manufacturing deductions for oil and gas firms; and
- Close other loopholes: including taxing carried interest as ordinary income, and closing the CEO pay loophole.
After 2010, the long-term capital gains tax rate will be 20% (10% for taxpayers in the 15% tax bracket) (From Wikipedia)I am 18, and Im starting to invest this year. I ony have so much money i can spend, but now Im going to lose another 5 bucks for every 100 bucks that I spend. Im not a huge fan of that, why should I lose more. And what about those who use the market as a retirement plan? If they sell their stocks for their money for retirement, and have 100,000 dollars saved up, that's an additonal 5,000 that they lose plus the original rate.
So, under the Obama capital gains plan you'll actually be saving money. Radical thought, eh?
An educated person should know by now that you can never truly blame the President for everything, our government simply doesn't work that way. For something to get done it needs approval from 2, and sometimes 3 of the branches of government. The President is the face of the nation and sets the agenda, for sure, so he's going to take the flack, but good or ill it's ultimately not all his fault.I find that slightly ironic. Now we don't put the full blame on the presidency? But when everything else goes wrong, we can? When prices were high, who got the blame for it? The Bush Administration. But when they went down, it was because our economy was bad. You do realize that the stock market hit almost a career high during the Bush Administration, yet he got no credit for that, but as soon as it went down, the economy was blamed on them. The democrats were the ones defending Fannie May, up until they crashed. Sure it's really the greedy banks who let them have loans, fully knowing they couldn't pay, but if it wasn't for the bill that gave home owners an easier down payment, we wouldn't be in this crisis.