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I hope you don't mind but I would like to comment on this...
I hear this point a view a lot from McCain supporters and I have a real issue with it.
I do NOT want socialism!!! I am NOT looking for any hand outs! In fact I am doing fine. I have money in the bank, and owe nothing but my house. (No CC payments or even car payments) I am truly middle class (make less than 100K) and love Obama's plan. I do NOT call it redistribution of wealth, I call it FAIR! I have a real issue with rich people simply not paying their fair share. This also includes Social Security. (The cap should be raised!)
Bottom line, you make more money, you should pay more taxes! The way it is now, the more you make, the more breaks you get.
I would even go as far as saying we should have a flat tax. In other words, not matter how much you make, you pay a set percentage.
The income tax code is tiered. People who make more pay a higher percentage of their income. There are tax breaks of many types some benefitting lower income people like earned income tax credit and some that favor homeowners (mortgage tax deduction and property tax deduction). Wealthy people also have tax breaks.
The fair tax or consumption tax ideas have been around for a while. I've heard the most resistance for it coming from supporters of lower income people because it was thought that it would fall hardest on the poor.
I would imagine with SS and medicare's problems we will HAVE to see combination of raising or eliminating the cap and a reduction of benefits. Probably some sort of "donut hole" in regards to the cap to try to make it look like the politicians are trying to help the middle class.
Amazing words... after we just allocated nearly a $Trillion dollars on Wall St. bailout. Irony....
I didn't agree with it at all. Also, I believe both McCain and Obama were behind it as well, so regardless it would have been pushed through even without Bush pushing for it.
Not only that, but think back to 2004. Do you remember? Are you getting that image of the calls for more regulation on the two companies to which the government was already in power of? Do you remember those companies? Do you remember the heads of those companies? Do you remember how much money they made? Do you remember the senators who called those who were asking for something to be done, crazy for suggesting there was a problem?
I remember, I watched them on C Span, I watched the denial by democrats, the cover up and stonewalling of the corrupted officials who managed them. Do you?
You can try to throw Bush in my face, but I didn't agree with his position. Unlike some here, I can apparently deal with the issue by issue and not merely pop up and defend a party I have no clue about.
This is simply NOT true. If you think for one minute that there are not democrats in big business you are blind. Here are just a few of the MULTI-MILLIONAIRES that are democrats.
John Edwards
Ted Kenndey
Hilary Clinton
John Kerry (Wife CEO/Owner Heniz)
Jon Corzine ( Goldman Sachs, CEO)
Jeffrey R. Immelt (CEO GE)
Richard Fuld (CEO Lehman Brothers)
All of these and there are MANY more are democrats with millions some of them were or are the CEO's of those big businesses you speak of. So all the tax dollars you say Republicans give to "big business" is going to the Dems. So please stop with the Republicans = "the Rich" and Democrats = "the Poor" because it is crap.
I didn't say that Democratic politicians aren't part of big business- many of them are. Big Business always will have an undue advantage in politics and legislation because of their ability to buy influence- something you and I can't do. What I'm talking about is PLATFORMS. The Democratic platform is pro-union, anti offshoring, pro enviromental and human right legislation, all things that limit the influence of business.
Saying that Republicans = rich and Democrat = poor is nonsense, and not what I meant at all.
Oh I see so only the Dems want this. Come on you don't really believe that do you?
The bottom line is that there is no way to implement Obama's health care plan never mind all the other things he wants without raising taxes on more then the rich. It just can not be done.
I just can believe that u don't under stand Obama tax plan.
Is socialism because people would get a check in the mail with money that they didn't work for. And no u are wrong, the more money u make the more u pay taxes. Almost 40% of the people in the US don't even pay taxes do u think that is fair?
Quote:
Originally Posted by Cleanmaxx Brian
I hope you don't mind but I would like to comment on this...
I hear this point a view a lot from McCain supporters and I have a real issue with it.
I do NOT want socialism!!! I am NOT looking for any hand outs! In fact I am doing fine. I have money in the bank, and owe nothing but my house. (No CC payments or even car payments) I am truly middle class (make less than 100K) and love Obama's plan. I do NOT call it redistribution of wealth, I call it FAIR! I have a real issue with rich people simply not paying their fair share. This also includes Social Security. (The cap should be raised!)
Bottom line, you make more money, you should pay more taxes! The way it is now, the more you make, the more breaks you get.
I would even go as far as saying we should have a flat tax. In other words, not matter how much you make, you pay a set percentage.
Oh I see so only the Dems want this. Come on you don't really believe that do you?
The bottom line is that there is no way to implement Obama's health care plan never mind all the other things he wants without raising taxes on more then the rich. It just can not be done.
Playing Robin Hood does not an economy make.
Outsourcing: (which I mistakenly typed as offshoring). McCain's plan is that by lowering tax rates, corporations will keep jobs here. I think they'll just give better parties and more golden parachutes. Obama wants to offer tax credits for companies that don't outsource and create jobs in the US.
Unions: We'll just have to disagree. I think unions are important- they give people leverage against a corporation.
Enviroment: The Sierra Club, which I've supported for a long time, endorsed Obama. That says a lot to me.
Human Rights: McCain's concern seems to stop and end at abortion, which I consider a private woman's issue. Obama is concerned with Africa, Latin America and Asia. I think our country's security is very dependent on being a steward of human rights in the world.
Outsourcing: (which I mistakenly typed as offshoring). McCain's plan is that by lowering tax rates, corporations will keep jobs here. I think they'll just give better parties and more golden parachutes. Obama wants to offer tax credits for companies that don't outsource and create jobs in the US.
Not all companies do this and one thing you have to remember, without businesses Americans don't work. Obama wants to increase taxes on companies which will be passed onto the consumer it always does. Companies large or small do not just absorb that.
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Unions: We'll just have to disagree. I think unions are important- they give people leverage against a corporation.
I think Unions are a way of extorting money from hard working people.
Quote:
Enviroment: The Sierra Club, which I've supported for a long time, endorsed Obama. That says a lot to me.
I do not base my vote on the endorsement of any club, person or newspaper. I do my research and look at the voting record. I read the legislation and check the government website to see how the candidates voted.
Quote:
Human Rights: McCain's concern seems to stop and end at abortion, which I consider a private woman's issue. Obama is concerned with Africa, Latin America and Asia. I think our country's security is very dependent on being a steward of human rights in the world.
We will have to disagree on abortion while I do not think it should be banned altogether I do think we need very serious restrictions.
While it is great to help other countries charity begins at home. We need to help ourselves or we will never be able to help anyone else. Americans are the most giving people in times of need so I have no doubt that we will continue this under any President.
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Irony....
