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Old 09-29-2008, 12:41 PM
 
Location: Avondale, Chicago
14,411 posts, read 26,232,814 times
Reputation: 9448

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Quote:
Originally Posted by High_Plains_Retired View Post
The next time I may not be as nice.

You don't know what "DC" means and you're hanging out in a political forum. Enough said.
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Old 09-29-2008, 05:04 PM
 
12,558 posts, read 16,655,760 times
Reputation: 24281
Quote:
Originally Posted by jfre81 View Post

You don't know what "DC" means and you're hanging out in a political forum. Enough said.
Indeed! I worked inside the Beltway for almost a decade but we will agree that enough is said in this nonproductive p_ssing match.
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Old 09-29-2008, 05:22 PM
 
4,270 posts, read 13,968,377 times
Reputation: 3352
I don't necessarily agree with McCain's plan but Obama's is definitely flawed and here's why:

There are probably more people making close to the $250,000 range than people who make well above it. Use your common sense and think what would you do if you made $250,000/year? You would do anything in your power to make $249,999. Is a person making $300,000/year really going to suffer if he makes $249,999/year instead? Most likely not.

Also, his idea is flawed because the $250,000/year people already pay the most taxes. So what if the rate increases. All these taxpayers are going to do is change their tax base, meaning, like in the above paragaph for example, they will just make less money so they don't have to be in the higher tax bracket.

The government may generate more money in some cases but they will not generate as much money in most cases and may even generate less revenue in others.
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Old 09-29-2008, 05:26 PM
 
5,697 posts, read 5,455,180 times
Reputation: 1937
Quote:
Originally Posted by High_Plains_Retired View Post
Actually he may say he plans to cut taxes for 95% of the 60% who pay taxes and send rebates to the 40% who don't pay taxes. He also plans to give everyone health care and free tuition, improve veterans' health care, and attack Pakistan, all while he sends billions to the same ones who wrecked the economy. Obama calls it multi-tasking. We call it maxi-spending.



Who know how many zero's are in Obama's plans??

He has promised every thing but cooking your breakfast, maybe he will send Michelle over to do that
how do people believe anything this hack says??
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Old 09-29-2008, 05:26 PM
 
1,544 posts, read 1,856,877 times
Reputation: 276
Obama can claim he can make every household not pay taxes but it takes the vote of congress to make things happen. But the desperate and weak people are clinging to his promises as how suckers are giving in to scams.

It takes the president and congress voting yes to make things happen, folks.

Last edited by ShoppingCartLaw; 09-29-2008 at 05:37 PM..
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Old 09-29-2008, 07:27 PM
 
1,163 posts, read 1,963,549 times
Reputation: 1106
Quote:
Originally Posted by andreabeth View Post
People like Obama because they believe that he will punish the rich with confiscatory tax rates and spread the loot among them. They enjoy thinking that if Obama is president, Paris Hilton will have to start working a part time job at IHOP and the CEO of Intel will have to move his office into some flophouse. It will not work that way. Even if the gov. took every penny the rich earn each year, it would not do much to raise the standard of living of lower income Americans. Obama will have to make good on his promises so what will happen is that the definition of who is rich (and deserves to have their earnings confiscated ) will undergo a 'bracket creep' in reverse. Eventually the school teacher and plumber living next door will be counted among the rich and subject to high tax rates. Then it will begin to hit anyone who is employed that, in due time, they too will be 'rich' and therefore fair game for the tax collector. By then it will be too late.
People forget one thing: The "rich" are not stupid. The "rich" are not defenseless.

The "rich" are masters at legally avoiding taxes. Loopholes will be exploited. Investment strategies will change. Money will move. Money will leave the country. Much of this changed strategy could have a negative impact on the overall economy. It's not possible close all loopholes; they will always exists due to the shortsightedness of our politicians.

The "rich" are not going to sit around and allow the government to fleece them. It's not going to happen.

Think, then vote. While you're at it, VOTE LIBERTARIAN!
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Old 09-29-2008, 08:00 PM
 
4,608 posts, read 7,289,583 times
Reputation: 1243
Obama is going to cut taxes for 95% of American families?

Quote:
40% already don't pay taxes...how is he planning on doing that?
Gawd, I just love it when someone quotes the 'bama on his cut taxes for 95% of taxpayers. Dude, he ain't gonna cut nothing. He will recommend to Congress to tax workers making over $250K, stick it to the really big buckers and no tax for the less than 250's.

What he doesn't say is 'read my lips', 'NO TAXES FOR THE POOR 95%'. Dude, Congress is going to stick it to EVERYBODY ! ! ! And poor 'bama won't do anything but sign the bill.

It's a frakkin COP OUT.

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Old 09-29-2008, 08:04 PM
 
Location: Not far from Fairbanks, AK
16,600 posts, read 28,757,788 times
Reputation: 12357
Quote:
Originally Posted by trappedinNM View Post
40% already don't pay taxes...how is he planning on doing that?
He will have to return all the cash he took from the lending institutions with the help of ACORN and other organizations, first.
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Old 09-29-2008, 09:25 PM
 
Location: somewhere
4,264 posts, read 8,153,987 times
Reputation: 3144
Quote:
Originally Posted by mbmouse View Post
Look at history and the way the government REALLY works. Obama can say he is going to cut taxes for 95% all he wants but the fact is all he can do is PROPOSE this tax plan. However if the House and Senate don't approve it, it isn't going to happen. If the House, Congress and Senate are majority Rep, nothing Obama wants to do will get done.
McCain can say he is going to cut out government spending all he wants, but the same as above is true, if the three are all Dem, he won't be able to get anything done.
What we really need to look into as voters if we really want change is the party balance in the rest of DC, not just the oval office because lets face it, the presidents job is to be a smoke screen and take crap/blame from the press over what is going wrong in the government while the rest of DC just keeps going on the way they want.

Finally someone who understands.
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Old 09-29-2008, 09:29 PM
 
Location: somewhere
4,264 posts, read 8,153,987 times
Reputation: 3144
Quote:
Originally Posted by WillysB View Post
Obama is going to cut taxes for 95% of American families?



Gawd, I just love it when someone quotes the 'bama on his cut taxes for 95% of taxpayers. Dude, he ain't gonna cut nothing. He will recommend to Congress to tax workers making over $250K, stick it to the really big buckers and no tax for the less than 250's.

What he doesn't say is 'read my lips', 'NO TAXES FOR THE POOR 95%'. Dude, Congress is going to stick it to EVERYBODY ! ! ! And poor 'bama won't do anything but sign the bill.

It's a frakkin COP OUT.

and in 4 years when he hasn't lived up to his promises, the same people who are complaining about Bush will be on here complaining about Obama.
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