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Old 10-07-2008, 10:56 PM
 
Location: Keller, TX
5,658 posts, read 6,305,373 times
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Quote:
Originally Posted by nebulous1 View Post
...even the moderately rich, say people making $100K...
$100,000 annual income is rich now??
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Old 10-07-2008, 11:11 PM
 
Location: Not far from Fairbanks, AK
20,340 posts, read 37,415,741 times
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Quote:
Originally Posted by nebulous1 View Post
Obama said he would tax only the people making over $250K a year. He has stated this repeatedly, yet McCain keeps saying Obama is going to raise everyone's taxes.

McCain only favors the very rich. Even the moderately rich, say people making $100K, should be worried about McCain.
The problem is that if you tax those who make around 250K, small businesses fall into that group.

Don't believe for a minute all the tax BS both McCain and Obama talk about each day. That's all politics, and something you can see every four years or so. Every politician there is promises food on the table, jobs, tax the rich and give it to the poor, health care for all, and prosperity. Then he turns around and slams his opponent. It's all smoke and mirrors, and one he makes it to the white house, he does nothing unless Congress helps him.

McCain had a better view of the future in regards to cutting programs. I don't see a way for either one to create more government programs, since the economy is not the best at the moment. A reduction of programs (smaller government) and tax cuts would help the economy.

The Alaska's economy is pretty good right now (we have a budget surplus), but who knows how long that's going to last one the price of oil drops to $50.00.
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Old 10-07-2008, 11:15 PM
 
7,359 posts, read 10,307,832 times
Reputation: 1893
Quote:
Originally Posted by RayinAK View Post
The problem is that if you tax those who make around 250K, small businesses fall into that group.

Don't believe for a minute all the tax BS both McCain and Obama talk about each day. That's all politics, and something you can see every four years or so. Every politician there is promises food on the table, jobs, tax the rich and give it to the poor, health care for all, and prosperity. Then he turns around and slams his opponent. It's all smoke and mirrors, and one he makes it to the white house, he does nothing unless Congress helps him.

McCain had a better view of the future in regards to cutting programs. I don't see a way for either one to create more government programs, since the economy is not the best at the moment.

The Alaska's economy is pretty good right now (we have a budget surplus), but who knows how long that's going to last one the price of oil drops to $50.00.
The tax Obama has proposed simply takes the tax brackets back to where they were before the Bush tax cuts. In other words: Before the Bush tax cuts, business stayed in America and people had jobs. After the Bush tax cuts, business did NOT invest in American workers and American jobs, but instead sent the jobs overseas. So the argument that taking business back to the taxes it paid before will somehow affect American jobs simply doesn't hold. Cutting taxes on business and the wealth, in a global age, doesn't mean what it used to when the world was a smaller place.
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Old 10-07-2008, 11:22 PM
 
Location: Not far from Fairbanks, AK
20,340 posts, read 37,415,741 times
Reputation: 16472
Quote:
Originally Posted by MovingForward View Post
The tax Obama has proposed simply takes the tax brackets back to where they were before the Bush tax cuts. In other words: Before the Bush tax cuts, business stayed in America and people had jobs. After the Bush tax cuts, business did NOT invest in American workers and American jobs, but instead sent the jobs overseas. So the argument that taking business back to the taxes it paid before will somehow affect American jobs simply doesn't hold. Cutting taxes on business and the wealth, in a global age, doesn't mean what it used to when the world was a smaller place.
You got it all wrong. NAFTA has made it easy to send production overseas and out of the US, which in turn has hurt American workers. A global economy sounds fine, but the rest of the globe is having the same financial crisis we are having. The huge government Bush has created is another bad thing. Small government and low taxes is good for all of us. Big government require big budgets.
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