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Take a look at Obama vs. McCain on taxes
I snapped this photo of the TV the other day.
http://i38.tinypic.com/kuq05.jpg 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? |
i think people who make over 1 million dollars should build a new fleet of aerial refueling tankers :thumbsup
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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... |
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Intelligent people know he was being facetious. |
I am calling bullshit.
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tax fuckers :)
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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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Fact is that 99% of GFY would benefit from Obama financially. |
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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. |
You people forget that CNN is on the Republican pay roll or something?
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It's against the constitution. |
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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. |
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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. |
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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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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.
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CNN is almost as left as MSNBC. |
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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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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. |
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 |
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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. :2 cents: |
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If I'm not mistaken you also support the war in Iraq, right? |
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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."
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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........ |
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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 :2 cents:. What can I say? When it comes to economics, I tend to be an Adam Smith fan. . |
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Churches are a huge fucking scam and big effing business. Tax them the same as any other business. It's a no brainer. |
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