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Old 10-18-2008, 05:42 PM
 
4,814 posts, read 3,844,326 times
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FORA.tv - Steve Forbes Critiques Barack Obama's Tax Plan
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Old 10-18-2008, 05:43 PM
 
7,359 posts, read 10,278,203 times
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Lord. A Forbes criticizes Obama's tax plan. Big surprise.

Warren Buffett thinks it's too conservative. Hmmm.
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Old 10-18-2008, 05:44 PM
 
Location: Turn Left at Greenland
17,764 posts, read 39,731,146 times
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Quote:
Originally Posted by MovingForward View Post
Lord. A Forbes criticizes Obama's tax plan. Big surprise.

Warren Buffett thinks it's too conservative. Hmmm.
He should have done this
WHEN IT FREAKING MATTERED!!!

Typical Steve Forbes, day late and a dollar short. He can take his pickled face back to running his magazine empire.
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Old 10-18-2008, 05:45 PM
 
9,326 posts, read 22,019,398 times
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he's gonna pay more tax.. i'd be more critical as well.
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Old 10-18-2008, 05:53 PM
 
Location: On Top
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Originally Posted by minibrings View Post
he's gonna pay more tax.. i'd be more critical as well.
As if he can't afford it, greedy bastard. I rolled my eyes when he said Obama's plan will cut taxes of 95% of the "people" in the country, same as the McCain camp and the McCain supporters on this forum keep lying about, I guess they think that if they repeat it enough people will believe it. Obama promises to cut taxes for 95% of "taxpayers", not the damn total population of the country....spin spin spin.
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Old 10-18-2008, 06:03 PM
 
26,214 posts, read 49,044,521 times
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Steve is a decent chap, but he isn't his old man, who was a real man.

If Warren Buffett can fess up that tax rates are off the mark in favor of the wealthy since Bush's 2001 cuts, then guys like Forbes should shut up and keep counting their millions, they won't miss a few thousand bucks here and there.
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Old 10-18-2008, 06:04 PM
 
35,016 posts, read 39,154,953 times
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Steve was for a flat % tax when he ran...right?
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Old 10-18-2008, 06:09 PM
 
4,814 posts, read 3,844,326 times
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Quote:
Originally Posted by meson View Post
As if he can't afford it, greedy bastard. I rolled my eyes when he said Obama's plan will cut taxes of 95% of the "people" in the country, same as the McCain camp and the McCain supporters on this forum keep lying about, I guess they think that if they repeat it enough people will believe it. Obama promises to cut taxes for 95% of "taxpayers", not the damn total population of the country....spin spin spin.
Obama:
"Here's what I can tell the American people: 95 percent of you will get a tax cut. And if you make less than $250,000, less than a quarter-million dollars a year, then you will not see one dime's worth of tax increase."
This statement is not entirely true. According to the Tax Policy Center, only 81.3 percent of tax units would receive a tax cut under Pres. Obama. The "95 percent of working families" figure mentioned earlier in the debate is fairly accurate, but it's not 95 percent of the entire population. As for those making less than $250,000 not seeing a "dime's worth of tax increase," technically some households or tax units that benefit little from Obama's individual tax cuts could pay more due to Obama's closing of what he calls corporate tax loopholes, under the assumption that owners of capital would bear such a tax increase.



This is not that significant a tax hike for those making under $250,000, but there are still some tax units or households making under $250,000 that could pay more in taxes under Obama's plan.
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Old 10-18-2008, 06:23 PM
 
Location: On Top
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Originally Posted by Pressing-On View Post
Obama:
"Here's what I can tell the American people: 95 percent of you will get a tax cut. And if you make less than $250,000, less than a quarter-million dollars a year, then you will not see one dime's worth of tax increase."
Was he talking to "taxpayers"?


- Google Search
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Old 10-18-2008, 06:30 PM
 
4,814 posts, read 3,844,326 times
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Originally Posted by meson View Post
Was he talking to "taxpayers"?


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Who is he talking to if he is at a rally?
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