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Anyone who thinks we won't have higher taxes under McCain or Obama is living in a delusional world. It's just a question of who is going to bear the brunt. With two wars going on, a $700 billion bailout, and another economic stimulus package coming, someone has to foot the bill. It happened to Reagan, it happened to Bush 1, and it happened to Clinton. If Bush 2 had had any concept of economics, he would not have cut taxes while starting 2 wars!
Get real people, it's time to pay the bills that have been run up the past 8 years!
Your not the only one, someone makin $8025 is taxed at 10% (2008) but in 2000, they were taxed at 15% Looks to me like Bushs' tax cut helped the poor, and Obama wants to repeal them? Tell me again why the poor is voting Democrat again?
Because they are uneducated and always looking for a cool hero. That is what they found in Obama.
OP-- your link appears to just cover CURRENT tax codes. I can't see how it applies to what you're talking about.
For anyone who wants a clear easy break-down of the different tax plans, I found this link, with a chart by income-- for both Obama and McCain. Which candidate is "better" for you financially all depends on how much money you make:
We fall in the -2.5% with McCain's plan and we'd have to make $74,051 less to get that much of a cut with Obama's plan.
Hmmm, welfare here I come! Yippee!
Quote:
Originally Posted by dcadca
Ok well besides what everyone else said is wrong I went along with your plan and in 2008 I was taxed at 25% in 2000 I was taxed at 28% soooooooo that means under Taxabma I will have my taxes increased. Great, thanks for proving why I will NOT be voting for him.
And you're gonna be the swing vote so YAY!!!!!! McCain/Palin! It'll just mean more money for us. McCain +1 today and Obama -1! Don't forget to vote!
OP-- your link appears to just cover CURRENT tax codes. I can't see how it applies to what you're talking about.
For anyone who wants a clear easy break-down of the different tax plans, I found this link, with a chart by income-- for both Obama and McCain. Which candidate is "better" for you financially all depends on how much money you make:
It's pure nonsense...he's going to give the biggest break to those that pay in the least, and this group will NOT create jobs for other people with the money they save in taxes. The wealthier people in McCain's column will use that money to create more jobs, and hence create more wealth.
Obama's plan will crash what's left of this economy, it's pure economics. But I can certainly understand why he's even thinking of structuring his tax cuts this way.....it will ensure that he gets the most votes, and then after he's elected, he'll just say, "Well, I was left a big mess by George Bush that I'm trying to clean up, and it will take time."
That's right folks, there is no magic wand that he will wave and fix everything, but good luck to you when he gets in there. Hope you don't work for a small business or your job is in jeopardy when he gets elected.
Type in your income and hit "calculate" to find your tax bill for 2008.
Then, select 2000 from the drop down menu, and hit "calculate" again.
This will show you how much money you will save under the Obama plan.
Yep, just as I have said Obama will raisemy taxes by 12%.....thanks for that as I already pay 50.3% in taxes! McCain will lower my taxes by 10%...hmmm let's see who to vote for.....
It's pure nonsense...he's going to give the biggest break to those that pay in the least, and this group will NOT create jobs for other people with the money they save in taxes. The wealthier people in McCain's column will use that money to create more jobs, and hence create more wealth.
Obama's plan will crash what's left of this economy, it's pure economics. But I can certainly understand why he's even thinking of structuring his tax cuts this way.....it will ensure that he gets the most votes, and then after he's elected, he'll just say, "Well, I was left a big mess by George Bush that I'm trying to clean up, and it will take time."
That's right folks, there is no magic wand that he will wave and fix everything, but good luck to you when he gets in there. Hope you don't work for a small business or your job is in jeopardy when he gets elected.
I think it's just ridiculous that grown adults are discussing this promise as though it were fact. It's crazy.
When Clinton reneged on his promise to raise taxes on only the top income earners, folks making as little as $20,000/yr had their tax rates increased from 11% to 15%, a 36% increase in tax liability! I expect far worse from Obama.
CLINTON'S ECONOMIC PLAN: The Campaign; Gambling That a Tax-Cut Promise Was Not Taken Seriously
By MICHAEL KELLY,
Published: February 18, 1993
In selling his economic plan, President Clinton is gambling that voters never took seriously his campaign promise to lower the tax burden of the middle class and will respond favorably to an aggressive pitch based on equal measures of hope, fear and class revenge.
McCain. WONT GET THROUGH the Dem Congress.
Obama. WONT BE VOTED ON VERBATIM by the Dem Congress. They will simply raise taxes. (over ?$80?K) Obama will sign.
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my taxes by 12%.....thanks for that as I already pay 50.3% in taxes! 
my taxes by 10%...hmmm let's see who to vote for
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