Matt 26z

I snapped this photo of the TV the other day.




Be sure and check out this link which compares their tax plans:

http://www.taxpolicycenter.org/taxto...ues_matrix.cfm


Which plan do you think helps the average American the most?

SmokeyTheBear

i think people who make over 1 million dollars should build a new fleet of aerial refueling tankers

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notoldschool

LOL. Cant have war without taxes people. Want to get rid of taxes stop starting bullshit wars. How about taxing fucking churches...they are the single biggest scam in this country and them fake fuckers are laughing all the way to the bank. Im gonna open a church when they shut down porn.

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marketsmart

this is why mccain said he thinks rich is 5 million plus a year..

then he can reduce taxes for the wealthy and claim he is reducing taxes for the middle class...

tony286

A fuckin men

baddog

He followed up that comment with, "but seriously . . . "

Intelligent people know he was being facetious.

AlienQ - BANNED FOR LIFE

I am calling bullshit.

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seeandsee

tax fuckers

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AlienQ - BANNED FOR LIFE

That shits not true.
Not at all true.

Fuck there is so much mis information being slagged by the Repub's its sickening.

When all else fails just Lie!

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pocketkangaroo

It's on both their websites. Media isn't making any of this up.

Fact is that 99% of GFY would benefit from Obama financially.

AlienQ - BANNED FOR LIFE

Yeah but CNN Scewed the the truth and that screen shot proves it.
Devils in the details. Here is the real break down. Though the misleading information is shown on the broadcast it's a screwed truth.


Income Avg. tax bill Avg. tax bill

McCaine Obama
Over $2.9M -$269,364 +$701,885
$603K and up -$45,361 +$115,974
$227K-$603K -$7,871 +$12
$161K-$227K -$4,380 -$2,789
$112K-$161K -$2,614 -$2,204
$66K-$112K -$1,009 -$1,290
$38K-$66K -$319 -$1,042
$19K-$38K -$113 -$892
Under $19K -$19 -$567

http://money.cnn.com/2008/06/11/news..._tpc/index.htm

SO yes true but portrayed with a screwed spead that does not do the Obama Campaign any justice when looked at in the terms displayed in the screen shot.

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AlienQ - BANNED FOR LIFE

You people forget that CNN is on the Republican pay roll or something?

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cykoe6

I agree. Why the fuck does one kind of scam (religion) get tax free treatment while others get penalized?

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AlienQ - BANNED FOR LIFE

Especially when the churches mobilise to effect political outcome.

It's against the constitution.

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IllTestYourGirls

Which wars does Obama plan to end that Bush and McCain arent? None...

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Matt 26z

Obama's plan to eliminate taxes for seniors making below $50,000 is something that SHOULD have every affected senior voting for him.

We're talking about a group that is often forced to work far beyond retirement age because they can't afford to live. Some of them even taking 1/2 doses of their medications to save money.

Drake

Obama could be the son of God and wouldn't be able to win over the majority of that constituency. Not at this point in time.

pornask

An intelligent Obama worshipper ? that?d be about as common as straight flush

GatorB

Well considering the median income is under $40K I'd say Obama's plan is better.

Obviously McCain rather screw people making under $66K out of $700 in order to give it to the rich.

Exactly where is McCain going to get the money to to cut everyone's taxes? We are already running up record deficits. Where's he's cutting money from? 2/3 of the budget is either military, social secuity/medicare or interest on the debt. All things which won't get cut.

pocketkangaroo

It doesn't matter. People are more concerned about mooseburgers than their own income.

AlienQ - BANNED FOR LIFE

The real question is...
What would the dollar be worth under a MC Caine Presidency.
I pretty much doubt even the wealthy would have much to celebrate as the dollar bottoms out.

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pocketkangaroo

Don't pester Republicans with such silly questions. Just less taxes and spend more. Watch our sovereign credit rating get downgraded while the next generation of Americans can skip having roads built so that we can pay down massive debt.

GatorB

Lert's not forget eitehr guy can say what his plan is but it's not the President that makes tax policy it's CONGRESS. So if CONGRESS doesn't like the President's tax plan guess what it's not getting passed. Candidates typically fail to inform voters of this when they make promises.

GatorB

he doesn't need a majority just a higher % than what Gore or Kerry got. I saw his speech to AARP last week he got very rousing applause. McCain may be one of them but he's for personal accounts something old people hate. Obama is against personal acocunts. So anti-personal account and promising 95% for them that they will never pay taxes again means A LOT of votes for him from old farts.

SuzzyQ

CNN is almost as left as MSNBC.

Drake

I feel sorry for the next President because he's going to inherit war and powers in Washington will keep the pressure on to continue them. The difference is that I think Obama is genuinely opposed while McCain genuine believes it is the right path.

GatorB

Not really. MSNBC exists because FauNews exist. If the Kiwi retard never invented Faux News MSNBC wouldn't have an audience either.

Young

Not even close. They had that label placed on them because they actually gave Bill Clinton the benefit of the doubt and an oppurtunity to clear the air on the Whitehouse scandals.

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Brujah

The real issue is that Obama wants to raise capital gains taxes from 15% to 20%? Remember that when you hear people complain about how unfair it is and how the wealthy already pay more than their share. They're paying 15% while you're paying 33%+ by actually working. They're paying LESS and taxed LESS on their capital gains income than you are with earned income. The average American doesn't have a chance at making a living with capital gains and getting to keep more of his money. They're working hard as it is to come up with enough to survive in a Bush economy, as banks fail, real estate busts, declining dollar, increase in gas and oil, etc...

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Matt 26z

Didn't you hear? He is bringing Palin in to shake things up in Washington!!!! The good 'ol boys club won't have the money made available to them anymore to blow!

How is Palin going to force change as VP? How is that even possible? Well she did it in Alaska and it worked pretty damn well!!!!

That's the simpleton front they have put up so the hillbilly Republican base can understand it.

In reality, the Democratic Congress (or even Republican for that matter) would never cater to McCain's thinned out budget ideas to afford his massive tax cuts for the wealthy. So McCain would then take out more loans to afford the cuts and blame the Democrats for adding to the national debt.

MrMaxwell

Right, raise cap gain rate and see what happes to the already fucked business climate here in the states

For now all of the normal people will keep living below themselves because of our worthless government.. they feed the beast, the best doesn't have to chase 95% of them, they cut their own limbs and offer them up to the beast like trash so fuck them

Brujah

How did she do it in Alaska? Raising taxes on the Oil companies is what she did.

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Brujah

I'm glad you agree we've already been fucked. Let's keep capital gains at 15% and then cut income taxes on earned income to 15% too. That's fair isn't it?

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tony286

Before FDR and all that worthless government regulation. There really was no middle class just rich and poor basically and most of us would be in the poor group.

sperbonzo

So I hope no one is ignoring corporate taxes here. I've heard Obama talk about raising them. For anyone that is business illiterate let me put a point to you...

Business don't pay taxes. They simply add them to the cost side of the books and raise prices to compensate for that cost. THE CUSTOMERS PAY THE TAXES.

When you raise corporate taxes to the point where the pricing for that product becomes noncompetitive on the world market, the company either goes under, makes cuts in other costs.... like employees, or it simply moves to a place where the taxes are more advantageous and the business can stay competitive.



Just something to think about, since the effects of corporate taxes seems to be ignored when it comes to it's impact on the people that ACTUALLY pay them.

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GatorB

So if the coroporate income tax was eliminated they would do the right thing and use the savings to increases wages and lower prices, right?

Drake

What do you propose? If you say slash government spending - where exactly?

If I'm not mistaken you also support the war in Iraq, right?

GatorB

Explain why someone who is MILLONAIRE and makes all his income on capital gains should pay a LESSER tax rate than some guy making $40K a year? even Warren Buffet says it's wrong and considering his wealth is a good 50,000 times that of yours I think he knows WTF he is talking about. Nothing wrong with putting the capital gains tax back to 20% where it was before it got lowered to 15%.

tony286

Yeah of course they would. like when they have a bang up quarter and they lay off a bunch of people or send jobs overseas.

GatorB

This is the point. If McCain wins the democrats will still control Congress. So McCain is not going to get the tax plan he wants anyways since it's CONGRESS that passes tax bills not the President. All he can do is veto any tax bill that Congress passed. I doubt Congress will have the 67% to override a veto so that would mean they'd both have to compromise now wouldn't it? That's not necessarily a bad thing.

pocketkangaroo

Most corporations don't pay taxes guys.

http://www.reuters.com/article/newsO...49465620080812

Drake

If you have a source that'd be great. Thus far I've read that "Obama proposes funding the tax cuts by closing corporate loopholes and cracking down on international tax havens."

stevo

It worked pretty damn well? This year she proposed 31 earmarks totalling $197 million - more per person than any other state. It's funny how they're claiming her as a champion against government spending when her record shows the exact opposite.

SuzzyQ

Wrong.

MSNBC was Americas Talking. NBC wanted to launch a cable news network to compete with CNN. MSNBC was launched a week before the Atlanta Olympics and was 6 million dollars over budget.

When it was announced that AT was going to become a news network, The GM of CNBC/AT left and started FNC.

I know this for a fact. My husband was worked at CNBC and I worked at AT when we met. Now we are both managers at........

sperbonzo

What you are missing here is two fold:

1. The corporations don't pay higher taxes when they are imposed... YOU DO when you buy their product.

2. What do states do when they want businesses to move large operations into their communities? THEY GIVE THEM TAX BREAKS. Why? Because they know that it is better for the community to collect NO taxes from the corp then to have them go somewhere else altogether. If you want companies to move back into the US, cut corporate taxes.

The fact is that, yes, when you cut corporate tax, they are able to cut prices, they are able to hire more workers because sales rise because of more competitive pricing, and they are able to invest more money into the ecomomies of the countries where they are based.

The profits don't sit in someone's mattress, the funds are working. EVEN if the money simply goes into the CEO's pocket, and he sticks it in his bank account, the bank is now using that money to invest in order to profit from the funds. Having corps stay in the US due to lower corporate taxes actualy tends to INCREASE tax revenues to the US gov, by the fact that they hire more people in the US, they invest more in the US, and they build more in the US. At the same time, people in the US are paying less for the products that they buy.

This is pretty basic, but a lot of people fail to see that it isn't a zero sum game. Wealth is always flowing, and the more that corporations can be competitive by staying here, the better it is for the country.


Again, this is just my . What can I say? When it comes to economics, I tend to be an Adam Smith fan.


.

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DWB

A-Fucking-Men to that.

Churches are a huge fucking scam and big effing business. Tax them the same as any other business. It's a no brainer.

DWB

A-Fucking Men... again!