Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
I think the economists have already said that McCain's plan WILL increase the deficit and give more money to the rich. Obama's plan will increase the deficit by 1 Trillion dollars more than McCain and give the money to the poor. It seems to me that the poor and rich haven't paid their fair share of taxes... personally, I would cut the deficit and raises taxes on both ends...
So once again this thread is going to be Obama supporters saying yes even they have no idea and everyone else saying no or I don't know.
To the OP looks like you read a another thread to post this. Do your own research then come back and say (only if McCain will) "McCain will cut Taxes for the rich then borrow more money from the Chinese"
I think the economists have already said that McCain's plan WILL increase the deficit and give more money to the rich. Obama's plan will increase the deficit by 1 Trillion dollars more than McCain and give the money to the poor. It seems to me that the poor and rich haven't paid their fair share of taxes... personally, I would cut the deficit and raises taxes on both ends...
It is not that easy if you raise them to high then corporations will leave. They will cut jobs as people will stop spending as much if they have to pay the federal government twice as much.
It is not that easy if you raise them to high then corporations will leave. They will cut jobs as people will stop spending as much if they have to pay the federal government twice as much.
Really?
By Ruth Mantell (http://www.marketwatch.com/news/mailto.asp?x=114+109+97+110+116+101+108+108&y=Ruth +Mantell&z=marketwatch.com&guid=%7B04ebf8b7-6495-4e73-8c6a-20a704f625ac%7D&siteid=mktw - broken link), MarketWatch
Last update: 10:42 a.m. EDT June 24, 2008
WASHINGTON (MarketWatch) -- Worries about the economy and jobs drove consumer expectations to a record low in June, while confidence reached its fifth-lowest reading ever, the Conference Board reported Tuesday.
The June consumer confidence index fell to 50.4 -- the lowest level since 1992 -- from a May reading of 58.1, revised up from a prior estimate of 57.2. Economists surveyed by MarketWatch had expected a June reading of 56.0.
"This is incredibly awful," wrote Ian Shepherdson, chief U.S. economist at High Frequency Economics. "Even as some people spend their tax rebates ... the majority appear to be overwhelmed by the surge in gasoline and food prices, and the drop in stock and home prices."
And what would happen if more jobs were created?
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
