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It's not a tax cut for 95% why is Obama calling it that?
Most of the so-called 95% Obama refers to as those who will receive a "tax-cut" don't pay one penny in federal income tax. So why and how does he call it that? If they are not already paying even one penny in tax, then what they are actually getting is a welfare check from the government. But to call that a "tax-cut" I believe is dishonest. It's not a tax cut, but rather a gift. I would even question the legality of Obama calling his so-called tax cut, just that. It's welfare! Something your beloved Clinton fought against during his term! Remember that?
Where will this handout come from? People like Joe the plumber.
What will people like Joe the plumber do? Downsize their business and lay people off to pay for this new government welfare program. Throw in this tax increase and mandated insurance and Joe the plumber gets killed and so do his employees.
What will those big evil corporation do? Increase their overseas outsourcing and mass layoffs and those that can survive will increase their pricing to us. Remember, corporations do NOT pay for tax increases, YOU DO!! They simply pass it on to their employees and increase their pricing! We will buy less forcing them to layoff more employees and downsize.
Obama's plan is the absolute worst plan given the current economic situation. Why Obama supporters are not capable of seeing this, is beyond my comprehension!
Let me tell you how it will be;
There's one for you, nineteen for me.
'Cause I’m the taxman,
Yeah, I’m the taxman.
Should five per cent appear too small,
Be thankful I don't take it all.
'Cause I’m the taxman,
Yeah, I’m the taxman.
(if you drive a car, car - I’ll tax the street;
(if you try to sit, sit - I’ll tax your seat;
(if you get too cold, cold - I’ll tax the heat;
(if you take a walk, walk - I'll tax your feet.
Taxman!
'Cause I’m the taxman,
Yeah, I’m the taxman.
Don't ask me what I want it for, (ah-ah, mister Wilson)
If you don't want to pay some more. (ah-ah, mister heath)
'Cause I’m the taxman,
Yeah, I’m the taxman.
Now my advice for those who die, (taxman)
Declare the pennies on your eyes. (taxman)
'Cause I’m the taxman,
Yeah, I’m the taxman.
Notice how this site doesnt deal with folks with an adjusted gross income of zero....
those folks will get a nice check....
and oh by the way, under barak obama more folk will go into that zero catagory and the rest of us Middle Class folks will be paying those zeroed out folks to not produce.
Lynn Forester DeRothchild said yesterday that 40% of people don't even pay taxes ( that is 60 million
people ) that will be getting a check from the Government!
She said it before anyone jumps on me. She was on Neil Cavuto.........
Yep, I saw it too and started a thread about it, but I couldn't find a link to it. She said 40% do not pay taxes at all now and will be getting a TAX CREDIT.
Lynn Forester DeRothchild said yesterday that 40% of people don't even pay taxes ( that is 60 million
people ) that will be getting a check from the Government!
She said it before anyone jumps on me. She was on Neil Cavuto.........
Yes, and the most amazing part, is where that money comes from. Read my OP here. It is amazing that these Obama supporters won't address this. They are mum on it! I think we have struck a nerve here. They have no come back for this, because there is none! It's welfare, plain and simple and most hard working Americans do not approve of it! Tax-cut my ars!
Lynn Forester DeRothchild said yesterday that 40% of people don't even pay taxes ( that is 60 million
people ) that will be getting a check from the Government!
She said it before anyone jumps on me. She was on Neil Cavuto.........
I thought Obama is proposing a tax CUT not REFUND. Perhaps i am not that smart but if you get a check from the government, wouldn't that be called a REFUND
I thought Obama is proposing a tax CUT not REFUND. Perhaps i am not that smart but if you get a check from the government, wouldn't that be called a REFUND
A refund or a handout.
I was disappointed that McCain never raised this.
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Welcome to City-Data.com forum! Make sure to register - it's free and very quick! You have to register before you can post and participate in our discussions with 700,000 other registered members. User profiles and some forums can only be seen by registered members. After you create your free account you will be able to customize many options, you will have the full access to over 15,000 posts/day about local topics and you will see fewer ads. 
It's not a tax cut for 95% why is Obama calling it that?
- I’ll tax the street; 
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