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Old 10-29-2008, 06:16 PM
 
Location: USA
881 posts, read 1,589,324 times
Reputation: 311

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Everyone.... $250k...$200k...$150k... $100k... $42k...

That has been the Obama tax policy progress. He started in the Dem primaries saying he would raise taxes on EVERYONE by letting the Bush tax cuts expire.

Then he defeated Hillary and then decided to say "ok, higher taxes only on people making $250k/year". See:
YouTube - Obama & Biden redefinition of middle class

Just this week he quietly changed the higher tax bracket to people making $200k. See:
YouTube - Obama Will Riase Your Taxes

Then Biden comes on TV and says higher taxes on those making $150k/year. See:
YouTube - Another Obama Tax Plan

Are you catching the drift here??

Obama and Biden both voted to RAISE TAXES ON PEOPLE MAKING AS LOW AS $42,000/year.

Can you trust these guys NOT to raise taxes on the Middle Class with their voting record and with their slowly lowering tax brackets??
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Old 10-29-2008, 06:19 PM
 
722 posts, read 1,109,270 times
Reputation: 494
A Preliminary Analysis of the 2008 Presidential Candidates' Tax Plans (Full Report)
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Old 10-29-2008, 06:34 PM
 
615 posts, read 1,172,358 times
Reputation: 133
Obama will will taxes everywhere on everyone!
Capital gains will hit near 30% under Obama.
The Owner of the Miami Dolphins has his team
up for sale because of Obama is mostly likely
going to win, unless the clueless can pull thier
heads out of the a%^!
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Old 10-29-2008, 06:37 PM
 
Location: Washington state
7,211 posts, read 9,431,660 times
Reputation: 1895
Quote:
Originally Posted by Fun2Day View Post
Everyone.... $250k...$200k...$150k... $100k... $42k...

That has been the Obama tax policy progress. He started in the Dem primaries saying he would raise taxes on EVERYONE by letting the Bush tax cuts expire.

Then he defeated Hillary and then decided to say "ok, higher taxes only on people making $250k/year". See:
YouTube - Obama & Biden redefinition of middle class

Just this week he quietly changed the higher tax bracket to people making $200k. See:
YouTube - Obama Will Riase Your Taxes

Then Biden comes on TV and says higher taxes on those making $150k/year. See:
YouTube - Another Obama Tax Plan

Are you catching the drift here??

Obama and Biden both voted to RAISE TAXES ON PEOPLE MAKING AS LOW AS $42,000/year.

Can you trust these guys NOT to raise taxes on the Middle Class with their voting record and with their slowly lowering tax brackets??

Lets get it straight..higher taxes on those making 250k and above and a tax break for those making below 200k....what's the problem?
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Old 10-29-2008, 06:38 PM
 
542 posts, read 1,684,863 times
Reputation: 329
The various numbers make sense when you read through the plan.

When they speak of $250k, that number is for joint filers, and for others, its $200k. The $150k number comes into play as thats when the Make Work Pay credit phases out for joint filers ($75k for individuals).
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Old 10-29-2008, 06:40 PM
 
Location: Le Grand, Ca
858 posts, read 1,501,419 times
Reputation: 233
It's amazing how blind people are... Clinton preached almost the same exact thing people!! After he was in office it went down to 42k!! WHY CAN YOU NOT SEE WHAT IS HAPPENING?? Obama want to spend billion maybe trillions yet cut taxes... Gosh you people are gullible.
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Old 10-29-2008, 06:42 PM
 
Location: Washington state
7,211 posts, read 9,431,660 times
Reputation: 1895
Quote:
Originally Posted by Xplorer View Post
It's amazing how blind people are... Clinton preached almost the same exact thing people!! After he was in office it went down to 42k!! WHY CAN YOU NOT SEE WHAT IS HAPPENING?? Obama want to spend billion maybe trillions yet cut taxes... Gosh you people are gullible.

And the economy was great under Clinton.
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Old 10-29-2008, 06:53 PM
 
13,721 posts, read 19,258,895 times
Reputation: 16971
Yep, it keeps going down. Just like Clinton said he'd only tax the rich. But his definition of "rich" was making $50,000 a year. We have to make sure Barry is not elected next Tuesday.
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Old 10-29-2008, 06:54 PM
 
542 posts, read 1,684,863 times
Reputation: 329
Some of the problems I'm having with his talk of $250k and promises to the middle class is some of the credits he's proposing are phased out at much lower income levels.

The Make Work Pay credit phases out at $75k for individuals and $150k for joint filers.

The new saver’s credit would be fully refundable and would equal 50 percent of qualified retirement savings contributions up to $500 for an individual and $1,000 for a couple (for a maximum credit of $250 and $500, respectively). The credit would phase out at a 5 percent rate when AGI exceeds $32,500 for individuals and $65,000 for couples.
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Old 10-29-2008, 06:55 PM
 
13,721 posts, read 19,258,895 times
Reputation: 16971
Quote:
Originally Posted by Upton View Post
And the economy was great under Clinton.
As a result of REAGAN. See, that's how economics work. You don't see effects immediately when changes are made. REAGAN is the one you can thank for the prosperity during the Clinton years. He's the one who got that rolling.
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