Attn: All Small Business Owners and Working Americans!!
By Larry Doyle on October 29, 2008 at 3:30 PM in Barack Obama, Current Affairs, Economy, Joe Biden
In regard to Barack Obama’s tax plans, does Barack draw the line of demarcation at 250k, 150k, 100k?? Come on, it’s only money!! Barack’s approach to his tax program reminds us of the question, “How do you know when Barack Obama isn’t telling you the truth???” … “When his lips move!”
In light of that, we all owe a debt of gratitude to Joe Biden for truly telling us what is going on within the Obama plans and the Democratic platform. Way to go, Joe. He has enlightened us time and time again about the implications for an Obama administration. Sounds like we better be ready to be tested in the international arena. Now he has added another “rhetorical flourish” and lets slip the fact that all those “wealthy” people and small businesses making 150k or above won’t be getting any of that redistribution.
Now wait a second, for the entirety of Obama’s campaign we have heard that 95% of our population would be receiving a tax cut. Barack has ALWAYS highlighted that percentage and further highlighted that for those filing jointly that that line is drawn at 250k while for those filing individually it is drawn at 200k.
Now our “friend” Joe lets us in on the joke that it is really 150k. The WSJ offers their opinion on this “moving” target.
Well, will families making less than $250,000 get a tax cut under President Obama, or not? Senator Obama has been saying this for months, but on Monday Joe Biden put the tax-cut income threshold at $150,000 in an interview with a TV station in his beloved Scranton, Pennsylvania. The Biden campaign later clarified — or at least tried to clarify — the matter by saying that anyone making between $150,000 and $250,000 wouldn’t get a tax cut but also wouldn’t pay higher taxes.
We suspect what’s going on here is more than Mr. Biden’s normal gift of gaffe. As with his admission that a President Obama would quickly be tested by our enemies, the Delaware rambler was stumbling into the truth. An Obama Administration couldn’t possibly pay for a tax cut for 95% of Americans by raising taxes on a mere 5%. Those 5% don’t make enough money, or at least they won’t after they find ways to shelter more of their income when their tax rates rise.
Just as Bill Clinton promised a “middle-class tax cut” in 1992 only to raise taxes on the middle class in 1993, Mr. Obama will quickly find that his tax-revenue math doesn’t add up. …
Do you feel that hand in your back pocket?? Yep, that’s Barack. He won’t tell you but what he’s doing is effectively saying, “I’ll take that because I need to redistribute it over here.”
Are you starting to get a little confused?? You know that when you’re not sure who is getting hustled, it is more than likely that you’re the pawn.
Well, how about if we just check the facts and see where the income lines are drawn for that top 5%. Does anybody have a problem with us using that massively biased database provided by the U.S. Census Bureau?
So, let’s see: For calendar 2006, the top 5% of households/small businesses made 166k or more. Upon further review of individuals, the top 5.6% made 100k. Now, as John McCain shared with us yesterday, “Do you see where the Democrats are going with this?”
Now Barack is doing the backstroke!!!
He now indicates that those households/small businesses making between 150k and 250k won’t see higher taxes but won’t receive any tax cuts. So, just who will pay these higher taxes?? Yep, we’re all counting on that top 1.5% of households/small businesses to pick up Barack’s tax bill. It’s very decent of them to pick up that tab especially given that they already pay 40% of the current tax burden. Think that works for them?? Maybe not.
Now just a second here. If the top 5% of individuals make 100k or more, do they get a tax cut? It is that they not get a tax cut but that they won’t have to pay higher taxes?? In most parts of this country, making 100k does not exactly get you to easy street. Actually, making 100k feels a lot like the middle class to me.
While I have you, let me continue with this: If BO is proposing that households making 250k (or was that 150k?) will be stuck with the tax bill and that individuals making 200k (or was that 100k) will also pay higher taxes, did he effectively just implement a penalty on married couples as well? It sounds like it to me. If you and your fiance both make 99k, I can hear it now: “Honey, why don’t we put off getting married and just live together so we can save on our taxes!” What an ingenious way of dissuading the growth of families in America or actually persuading people to have children out of wedlock.
Additionally, did Barack factor into his plan the difference in cost of living throughout this great land? If I make 200k living in a suburb of NYC and am trying to run a business and then support a wife and three kids, will my wealth be “redistributed” to somebody making 140k in Des Moines? Isn’t that individual in Des Moines actually doing “better” than the individual in NYC??
See, let’s go back to the original premise. When his lips move…yep, that’s right. Don’t trust a hustler. It’s the same sort of scenario in his approach to campaign finance.
Let’s fast forward. We can all see it now. Barack will let us know that he was “well intended” in his plans, but that when it came down to it, he could only get so much from that top 1.5% and he needed a little more to “redistribute”. Yep, everybody who pays taxes is just going to have to suck it up and pay more to those who don’t.
Thanks Joe … you’re the best!! Actually, while we owe a debt of gratitude to Mr. Biden, we also truly do need to thank “Joe the Plumber” for bringing this into focus in the first place.
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Maybe it is my imagination but I would swear that during one of the early primary debates, BO threw out that $150K figure. It was HRC that used the $250K threshold and of course, like everything else that followed, he copied her playbook. Maybe my imagination is working overtime but I think not!
I think you are right. I vaguely remember that!
Uh, Hannity’s been playing a clip all day in which Obama starts with the figure of $300K, then says $250K, then $200K, and finishes with Biden’s $150K… Does anyone else see a trend?
I heard. It was priceless. Wouldn’t that make a great commercial?
Yes, I agree he did. I have been looking for it and maybe if we all get on it we will have the proof.
With-in the past couple of months one of the Fox news programs had Austin Goolsby, obama’s econ advisor or a short interview and, guess what, HE SAID $150,000. DURING A DISCUSSION ON THIS TAX QUESTION. So this has been in the works for a while.
Yes, that is true!!! Now after just two weeks, Obama change His atxing plan and will start taxing above 200000. After election will be 42000. Just wait and see. I can not believe Bill Clinton step up His support for Obama today. Make a speach i apploud Obama. I lost my taste…
I don’t think Joe Biden wants his running mate to be elected.
“the Delaware rambler”
LOL, more like the Delaware Destroyer…
(Anyone remember George Thorogood? )
Finally, something Biden and I can agree on!
Do uou think Biden’s unconscious is trying to get the truth out?
I was hoping Joe was working under cover for Hillary.
I believe, that Biden wants to be fired. He should never accept VP nomination…
Biden is just drunk most of the time so he says things that he should not. He does not know what he wants except for the next drink.
En vino veritas!
“Additionally, did Barack factor into his plan the difference in cost of living throughout this great land? If I make 200k living in a suburb of NYC and am trying to run a business and then support a wife and three kids, will my wealth be “redistributed” to somebody making 140k in Des Moines? Isn’t that individual in Des Moines actually doing “better” than the individual in NYC?? ”
As a New Yorker I can say we have been screaming this at our tv set for ages. This is a great point and why isn’t Sen. McCain making it? First time I have seen anyone outside of New York bringing it up.
So there are other people out there screaming at their TV’s too? Thank goodness I’m not alone. I find I swear more too. What is with that????
Not only at the TV, I also scream profanities at Obama lawnsigns while driving
This is what I scream when I do scream: “You fucking piece of shit!”
I have not done this for a while. I save the energy to fight back.
LOL Tuppence411 so do I LOL
I want to rip them out but I know that is wrong… lol
I have a basket of sponges that I throw at the tv when someone says something I don’t like or, heaven forbid, Obama is on.
You 2 send it to John McCain’s page. Great question too.
I scream at the TV and worse, when I hear him or his name,then run like a demented something to get the remote and let the station and precious know I am clicking him OFF. No TV tonite until after 8:35. EST
Proactive feels good too.
Lets hope Sarah Palin ratings beat out Obama big informercial tonight. Just don’t watch Obama.
ABC is not running “Obama and the 7 Tax Cuts” fairy tale tonight. EVERYBODY WATCH ABC!
I’m watching a Boston Legal rerun on cable. Denny Crane!
I watch Pushing Daisies anyway, but would watch it tonight just to give ABC ratings over that fraud.
I heard CNN turned him down too. They may have changed their mind, but yesterday they said no.
STAND UP FOR CHUCK!
For what it’s worth, Biden doesn’t drink, supposedly, his family has had problems with alcoholism.
Well he sure does not look sober many times…. so is it an overthrow from his mother at birth?
He sings terrible too with a drink in him better if he stays off the karaoke!
Johnny & Sarah 08
I cannot look or listen to a Dem out on the stump or TV they just spin spin spin… I have never looked at Hillary since the convention if I do not see her I do not know what she is doing till the GE is over.
I have no idea why they just don’t steal from all our bank accounts !! they are SIMPLY an embarrassment to CITIZENS….
Be nice to Biden. He seems like an alright guy when he’s not lying
Tell me another one. The guy stinks like booze all the time..so that’s what people close to him say and he beats his wife behind closed doors.
I own my own business (opened it in 2001)….and in the years 2003 thru 2006 we made over $250,000 gross. This year I will barely make $200,000 and the economic crunch has truly hit us hard. Remember, that is gross. We are hardly considered rich by any means. If BHO is elected (God forbid), my husband and I are talking about shutting the business down because we will not be able to make it. It is retail sales, and no one is going to have any money to buy anything. This man is a danger to this country and all we stand for.
And he will continue to drop his wealth level until it reaches $40,000.
Wake up America. Wake up.
Precisely what I’ve been telling those who believe they are immune from the tax increase because they don’t make enough.
OT from Mac.
For Immediate Release
October 29, 2008
McCain-Palin 2008 Launches New Web Ad: “Preconditions”
ARLINGTON, VA — Today, McCain-Palin 2008 released its latest web ad, entitled “Preconditions.” The ad highlights that while Barack Obama has pledged to meet with Iran and other state sponsors of terror without preconditions, Iran has outlined several preconditions of their own. For a meeting, Iran is demanding that the United States cease its support of Israel and that all American forces must leave the Middle East. The question is what will Barack Obama do?
VIEW THE WEB AD HERE:
http://www.youtube.com/watch?v=c1azQcs-8iI
Script For “Preconditions” (WEB :60)
JOHN MCCAIN: I’m John McCain and I approve this message.
ANNCR: Remember when Barack Obama said he’d sit down and talk with Iran without preconditions?
YOUTUBE QUESTIONER: Would you be willing to meet separately without precondition within the first year of your administration in Washington or anywhere else with the leaders of Iran, Syria, Venezuela, Cuba and North Korea?
CNN’S ANDERSON COOPER: Senator Obama?
BARACK OBAMA: I would.
ANNCR: Maybe Obama doesn’t have preconditions but Iran does.
Iran, whose President Mahmoud Ahmadinejad said “Israel must be wiped off the map.”
Iran demands:
That the U.S. must cease its support of Israel.
And that all U.S. military forces must leave the Middle East.
Meaning we abandon Iraq, Turkey and Kuwait.
What will Obama do?
Will he admit he was wrong or will he accept Iran’s demands?
Tough question.
AD FACTS: Script For “Preconditions” (WEB :60)
JOHN MCCAIN: I’m John McCain and I approve this message. ANNCR: Remember when Barack Obama said he’d sit down and talk with Iran without preconditions? YOUTUBE QUESTIONER: Would you be willing to meet separately without precondition within the first year of your administration in Washington or anywhere else with the leaders of Iran, Syria, Venezuela, Cuba and North Korea? CNN’S ANDERSON COOPER: Senator Obama? BARACK OBAMA: I would.
* At A July 2007 Debate, Barack Obama Didn’t Hesitate To Announce He Would Personally Meet With The Leaders Of State Sponsors Of Terror “Without Precondition.” Question: “[W]ould you be willing to meet separately, without precondition, during the first year of your administration, in Washington or anywhere else, with the leaders of Iran, Syria, Venezuela, Cuba and North Korea, in order to bridge the gap that divides our countries?”…Obama: “I would. And the reason is this, that the notion that somehow not talking to countries is punishment to them — which has been the guiding diplomatic principle of this administration is ridiculous.” (Sen. Barack Obama, CNN/YouTube Democrat Presidential Candidate Debate, Charleston, SC, 7/23/07)
ANNCR: Maybe Obama doesn’t have preconditions but Iran does. Iran, whose President Mahmoud Ahmadinejad said “Israel must be wiped off the map.”
* Iranian President Mahmoud Ahmadinejad Said Israel Should Be Wiped Off The Map And Denied That The Holocaust Occurred. “Iranian President Mahmoud Ahmadinejad has said in the past he wants to wipe Israel off the map and dismissed the Holocaust as a myth.” (Nick Wadhams, “Israel: No Greater Threat To World’s Values Than The Leaders Of Iran,” The Associated Press, 9/21/06)
ANNCR: Iran demands: That the U.S. must cease its support of Israel. And that all U.S. military forces must leave the Middle East. Meaning we abandon Iraq, Turkey and Kuwait. What will Obama do? Will he admit he was wrong or will he accept Iran’s demands? Tough question.
* Iranian Officials Recently Laid Out Their Own Preconditions For Meeting With The United States, Including A Complete Withdrawal Of American Forces From The Middle East And An End To U.S. Support For Israel. “Mehdi Kalhor, Vice President for Media Affairs, said the U.S. must do two things before summit talks can take place. First, American military forces must leave the Middle East — presumably including such countries as Iraq, Qatar, Turkey and anywhere else American soldiers are deployed in the region. Second, the U.S. must cease its support of Israel. Until Washington does both, talks are off the agenda,’ the Islamic Republic News Agency reports. It quotes Mr. Kalhor as saying, If they [the U.S.] take our advice, grounds for such talks would be well prepared.’” (Editorial, “Iran’s Preconditions,” The Wall Street Journal, 10/22/08)
Never mind a web ad, play that baby on TV in Florida!
Mac does not have a bottomless cash pit of money from god knows where like Der Precious.
Good ad. Do you think this goes far enough in connecting the dots that it was Obama’s legitimization of Iran’s rogue leader by his weak stance that caused then to put PRECONDITIONS on the US?
i dont know if this has any bearing on this subject, but here is my story. we moved from pa. to ga. 3 years ago. we are making the same money here thhat we were in pa. we could barely get by in pa. beause the cost of living kept going up but our income didnt. we used to pay in between $800 to $900 dollars in income taxes every year after our kids moved out and we had no dependants to claim. we havent changed a thing on our w-2s since moving here and now we get back $700. im truly glad we moved here, not just because the cost of living is cheaper, but mostly becausse now i can watch the snow on the weather channel and play golf in january lol
What really strikes me is everyone is focusing this one single aspect of Obama’s Tax Plan. What people are forgetting is that there are many other increases coming your way. (Forgive me as I don’t have all the facts at hand). But what about:
1. Capital gains
2. Death Tax
3. Corporate Taxes
The biggest one that really gets my goat is the talks about removing tax benefits from 401k contributions. Think about this one for a minute. 401k dollars are taken out of your paychecks prior to tax rates being applied. If the tax benefits are removed, all that money back into the pool of taxable dollars. (Oh but they will give you a 3% return if you invest with the government.)
BTW, I have been a lurker for months, first time poster.
Let’s not forget consumption taxes. Do you really think the Trifecta of Obama, Reid , Pelosi will not raise the few federal consumption taxes we have- like gas? Shoot they will probably push for even more. All those silly Obots salivating over their $400 Obama welfare check- don’t they realize they just are going to give it all back a nickle and a dime at a time?
And don’t forget…..just like Dubya’s little stimulus checks he sent us……
You have to INCLUDE them as income the following year to be taxed on your return.
I don’t comment much, but I am truly MOVED to comment by this brilliant piece by (my namesake) LD.
My goodness, this is as clear a picture of the Obama tax’em plan as I’ve seen anywhere.
Kudos! And thanks for the thinking. I wish you wide distribution — people need to digest this.
A lot of people are going to be plenty shocked that they are “wealthy” at 150k!
They are also in for a rude awakening, if the BO and JOE combo implement their tax plan!
The safest way to guard your wallet is to keep these “freebies” out of the White House!
Defeat them now…or pay them later!
If Biden doesn’t drink he definitely needs a brain scan.
It is medically unwise for someone with Biden history to consume alcohol as it increases the risk of bleeding in people at risk for brain hemmorages.
So if he is drinking ,even moderately and being so cavilier with his health, shouldn’t the voters know so we can make an informed choice?
Let me tell you a little story and speaks to the very heart of this election. I just stood on line over 3 hours to vote in advance (as I’ll be out of town next Tues.) The line was almost a mile long. Folks were getting tired, cold and hungry. Around the lunch hour, along come two mini-vans that pull up to the front of the line. Out jump several people with stacks of pizza boxes and cases of bottled water as well as business cards. Seems these enterprising young folks had just opened a new barber shop down the street and this was a very good way of introducing themselves to the neighborhood. Up and down the lines they went handing out pizza, water, business cards and handshakes. Everyone was so surprised and thankful for their kindness. Everyone cheered and clapped as they pulled away. (Loafs and fishes anyone)
What do you bet they picked up quite a few new customers today! This is the American spirit & the American dream! They don’t need their hard work and entrepreneurial spirit redistributed. They should keep every penny they earn. And when they start a franchise …. That goes coast to coast…… they will have earned their rewards. What a good lesson, hard work + a little kindness + smart marketing = American dream & NoObama!
B.E.A.utiful…
Joe the barber, you should be proud.
Georgia, please send your story to McCain.
I just did. Tks for the suggestion!
Yes, THAT was smart marketing!
On another note, no matter how tired you may get standing and waiting in line to vote, DO NOT GET IN A HURRY WHEN YOU ARE IN THE VOTING BOOTH and make the wrong selections due to fatigue affecting you.
Reason I’m pointing this out? In my state Obama/Biden was in the very FIRST place on the ballot. I had to SEARCH the ballot to find McCain/Palin because it was at the VERY BOTTOM of the ballot with Issues Amendments listed in between the two.
What state are you in?
Yeah, what state are you in???
That is just wrong!
Arkansas, but regardless of which state I’m in, study the ballot of ANY state carefully before voting to make sure you choose your actual candidate instead of being tricked by placement on the ballots.
And in my state, on the final page [we're using these electronic ballots where you flip from page to page using a dial] John McCain’s name came up:
X Joh
The rest had run clean off the screen [no Sarah Palin in sight], yet Barack Obama and Bidens’ names were fine. You’re able to back track before hitting the “Vote” key, so I flipped back to the first page, just to make sure, my ballot was marked correctly.
Nothing like being paranoid!
Obama’s tax plan will probably make it impossible for the people that own this barber shop to continue to make a go of it. That will be a cryin’ shame, too. I wish them the best of luck.
PUMAs that are disappointed Mac has not gone for the jugular should respect his judgment. He is still very much in the game. Remember how masterfully he destroyed the Mount Olympus coronation speech at the Democratic CON-vention by picking the Sarahcuda? Not sure what will be tomorrow but we could be in for a cool surprise to deflate the infomercial. Maybe we’ve already seen it as the LA Times story has taken on a life of its own. Or maybe something else is coming? This is kind of exciting!
McCain is still very much the hot shot fighter pilot. He’s wearing an old man disguise at the moment — don’t let that fool you.
This is sort of like the Navy brat taking on the city kid — the city kid (Obama) won’t know what hit him until he is DOWN and out.
This is one of the best posts available to see Obama’s tax plan in clear and simple terms.
Why isn’t anyone else saying this?
Because with all the lies and misdirection, who could even figure it out.
Leave it to the NQ posters to get it right.
Obama will be raising taxes on everyone who pays taxes, even Mayor Guiliani has guaranteed this.
One other point, he may be able to sell his socialist policies to those who mistakenly believe it will help them, expecting something for nothing. But, what they fail to see is what history has already shown us. Raising taxes on anyone in this economic climate will be disastrous.It’s been done, it was called The Great Depression.
Hmm…the financial meltdown caused 5 wks before the election
anouncing plans for bailout& giveaway upon bailout, with up to 900 billion more on top of the what? 850 they’ve already spent and then add an additional trillion per year on top of the already out of control budget????
If he weren’t so messiahlike, one might wonder if this is not part of a plan to intentionally destroy the American economy.
OT some posts I found at what looks like a conservative blog I’ve never seen before:
Another Agent of “Change”: Raila Odinga
Obama: Blackmail Your Grandparents into Voting for Me
The second post has a video. “Obama Youth” instructional video I think. I can’t play it this moment.
I have been saying this all along. Nothing changed. In fact, if you look at obama’s Tax plan only the very very poor will get anything from it. And even then it will only be at max 1000 dollars. Most people will get around 500. almost everyone will recieve no beneficial tax cut at all. You may see like 100 dollars at most.
If you are voting for the canidate based on their tax plan in a recession and record deficit, you are so retarted you may need to take a hard look at your life and wonder why you exist.
Plus any “plan” from Der Precious can’t be trusted since he changes his “plan” with the wind.
Exactly!
I was trying to convince a friend who is a small business owner — and working hard to grow his business — that it is in his best interest to vote for McCain-Palin. Problem is that the ONLY news he has time for is the Mainstream Media — and they of course are telling their viewers that McCain is going to drop dead at any minute and that would mean (gasp) Palin (the bimbo) would be President (she doesn’t have a penis — so she can’t be President).
What’s interesting is that his business depends on the upper 5% or even 1% — and these are the ones that Obama seems to be tapping to redistribute the wealth to Obama’s chosen ones.
There are so many conflicting and confusing issues in this election. But mostly there are unanswered questions. Just exactly who or what is funding Obama’s campaign? The individuals listed as working for “capitalistic” corporations, agencies and lobbyists — are these just a smoke screen for the real money coming from unknown and untraceable sources????
Are Small Businesses compatible with Obama’s notion of a Socialistic American economy?
Socialism seems to be a constant with Obama — according to the recently unearthed 2001 and earlier tapes and transcripts.
Obama however, doesn’t seem like a shining example of a Socialist. Obama likes to keep most of his money to use on his upscale pleasures — he doesn’t have a major charity (outside of his church) or a cause to which he donates his time and/or professional skills. He doesn’t live in a modest home and donate the bulk of his income to those less fortunate.
It is really more like — he has ideals of how OTHERS should live and behave — but those ideals don’t include Obama.
Obama is a socialist and will screw us over.
Excellent post LD. You have confirmed exactly what I have been suspecting with Barkys plan. It’s gets scarier by the week. If Barky gets in, there will be no point in my trying to expand my own small home business next year, and my husband may as well not take the promotion they want him to take since it would apparently end up with him working harder and bringing home less. We already feel like we’re getting killed with taxes. By the way, we live in a town where making $200,000 means you can live a middle class lifestyle. Housing prices have not fallen here as much as they have in other places, and food, utilities and gas, and everything else is expensive. Thank you for pointing out what should be obvious to Barky & Imbiben…that $150,000 may go far in some parts of the country, and not far at all in others.
So, how do you feel about that +5 trillion dollars republican tax cuts to the wealthy added to the national debt in a mere 8 years?
Do you think there won’t be dire consequences from running up that much debt?
Do you think those dire consequences won’t impact average Americans far more than the 10% of Americans who already own over 71% of the total wealth of the nation?
McCain is going to give the wealthiest far larger tax cuts than Bush did, while giving the middle class on down even less.
If he actually has any intention of balancing the budget, where will the cuts be made? Whose future will the program cuts most affect? The wealthy? Or the 60% of Americans who own less than 4% of the total national wealth?
It’s a simple question.
Here’s the bottom line: Each republican administration from Reagan on has borrowed trillions in all of our names to fund huge tax cuts for the wealthy.
They get the money today. We’re left with the debt to pay tomorrow.
The republicans are the absolulte masters when it comes to the redistribution of wealth.
They’re also the masters when it comes to selling this b.s. to the voters year after year with the same damn sales pitch.
You guys are factually challenged. The big tax cut for the rich that Bush gave was a cut from 39% under Clinton to 35% under Bush, for a whopping 11% tax cut. In the three years following the tax cut federal receipts went up 40%. Even if you believe they would of went up the additional 11% in the “rich” tax bracket, with individual income tax revenue averaging 1 trillion per year from ‘03-’08. With 600 billion of that coming from the top tax bracket it would of increased federal receipts annually a whopping 66 billion or about 2.5% of the total federal budget.
In addition to that McCain has not proposed any additional tax cuts for the wealthy. He is wisely proposing tax cuts for corporations to spur business investments and capital gains cuts which helps 50% of americans. The problem is spending and Oblahblah is doubling down on Bush’s drunk like spending.
Obama’s fiscal plan: tax like Carter, spend like Bush. Not that the facts will persuade you, you are mindless party lackeys.
Pardon me? John McCain’s tax proposals include tax cuts averaging $269,364 per year for persons having annual income exceeding $2.87 million. Around 147,000 American families fall into that category.
He would give cuts averaging $45,361 per year to families having annual income between $603,403 and $2.87 million.
Those cuts have to do with personal income tax rates, not corporate or business taxes.
Joe the Plumber really ought to study a tax proposal comparison chart before he casts his vote next week. Most of us “mindless party lackeys” have actually looked at an independent analysis of the two plans.
http://www.washingtonpost.com/wp-dyn/content/story/2008/06/09/ST2008060900950.html
US News and World Report tax plan analysis:
“If you are Mike and Beth the Doctors, blessed, smart, and gifted enough to bring home $500,000 a year, McCain will leave your taxes as they are…”
USA Today:
“Republican McCain wants to extend the Bush administration’s 2001 tax cuts, double the personal exemption taxpayers can claim and lower corporate tax rates, a USA Today analysis says.”
http://www.allbusiness.com/government/elections-politics-campaigns-elections/11480352-1.html
No New Tax Cuts For Upper Bracket Just Keeping the Current Tax Rate.
Seriously, Party talking points dont count as independent analysis.
Also:
“Each republican administration from Reagan on has borrowed trillions in all of our names to fund huge tax cuts for the wealthy. ”
Interesting how you did not acknowledge the lie this is considering the “huge” Bush tax cut (again 39 to 35%) “cost” us (again if you ignore the fact receipts went up after the cuts), at worst, about 66 billion a year for 5 years, 330 billion, not trillions. This is another party talking point with no basis in reality. Silly party shills…
Oh yeah, “Each republican administration from Reagan on…” little history lesson George HW Bush raised taxes on the rich… you remember, right? In the three years following that tax increase fed receipts only went up 10%.
You party operatives sure know how to sell the lies.
We had a national debt of around $5.7 trillion when Bush took office. We now have a national debt in excess of $10 trillion.
Want to see exactly how much each president has added to the national debt during each year of his administration? Here’s a chart that clearly lays it all out:
http://www.lafn.org/gvdc/Natl_Debt_Chart.html
Those are the figures. The difference between republicans and democrats is obvious, and shocking.
So, how have the republicans managed to convince so many voters that they’re fiscally responsible, while the democrats are those “tax and spend” people out to wreck the economy?
It’s simple: They lie about it.
It’s not a simple question, because you make a false presumption. You assume the debt was caused by the Bush tax cuts. No, the Bush tax cuts actually raise revenue. The increased debt was caused by Bush SPENDING. He spent on things we could not afford. He spend unwisely and foolishly on things we did need. OMG that is what Barky wants to do. It’s true OBAMA=Bush 3.
Your second falsehood is suggesting McCain wants to cut income tax for the wealthy. No he proposes to keep them as they are now. What he wants to cut is corporate tax and small business tax to spur the economy to create job. Get it?
Actually, your stats all depend on who does the analysis. I’ve seen a dozen different analyses of both, and the devil is really in the details and the assumptions you factor into the calculus.
I don’t think either of them should be making tax cuts at the moment.
However, WHAT’S VERY CLEAR IS THAT THE COUNTRY CANNOT AFFORD RAISING TAXES ON ANYONE AT THIS PARTICULAR MOMENT IN HISTORY. Raising taxes has ALWAYS historically had the impact of killing job creation and new business development.
I vote based on history and records.
I can say that McCain has consistently opposed earmarks, has always understood that businesses and individuals create wealth and governments do not, and has tended to place importance on balancing the budget. In terms of his proposals, he proposes a freeze on federal spending and no new massive entitlements.
On the other hand, Obama has never met an earmark or spending proposal he doesn’t like, doesn’t tend to think about or discuss limits or constraints on spending and resources, and has no record supporting businesses, and in fact, seems to have disdain for them.
So, the choice is pretty clear.
NOT A CONCERN TROLL - just being bombarded with all this stuff and need reassurance.
Can somebody who knows more than I do tell me what this all means - besides the fact that the MSM are trying to paint 0bama as inevitable, demoralize McCain supporters and depress republican turnout?
Okay, okay - I’m better now - back on track.
This is the whole reason barky told all his bots to vote early - so headlines and articles like this could be placed front and center by his minions in the media to promote the “it’s over” inevitability theme.
I admit it - I fell for it for a few minutes - sorry.
Never mind…
Just because it says democrats doesn’t mean they voted for Obama. My husband and I are registered democrats who voted early for McCain/Palin.
PUMA
I’m a Dem, too. I voted McCain, so the breakdowns don’t mean much because the Dems are suffering defections from their traditional loyalists. We just don’t know how much.
no just a troll
You don’t come here often, do ya, “angry but hopeful?”
NOT a troll - been posting here for a long time - democrat, soon to be independent - Hillary supporter turned McCain/Palin supporter - and PUMA - others, I’m sure, can vouch for that.
Just had a momentary lapse - gone now.
Thank you all, NQ people, for setting me straight again!
I heard Rove (oops pardon me, I kinda threw up a little after typing his name) say the other day that all indications show the early votes, with the exception of NC, are “cannibalized votes”. He explained cannibalized as your votes that that you always had locked up for Nov 4th, you’re just “eating” them early.
Thanks, Tuppence!
The early voting favored John Kerry as well. It was more like 2 to 1 for democrats in Florida and he still lost the election. Don’t forget that Hillary won Florida with out any problems.
Bush won North Carolina by 430,000 votes. So I would not worry about that state.
Florida has a lots of Cubans who are registered Democratic but will vote for McCain because they associate Obama with Castro. In the Tampa area 22% of Blacks are backing McCain. So Florida will go for McCain.
Many of the other states republicans are use to voting on election day and do not believe in early voting. The Obama people have been pushing their voters to turn out early. Plus you have to count in the PUMA vote that will give 5 to 10 precent of democratic vote on top of the usual number to McCain. About 10% of Democrats defect every election year. This time I think the number will be more like 15% to 20%. So all these numbers mean nothing until the votes are actually counted.
Thank you, John Smith! I can breathe again now!
Sure can, many Republicans became Democrats to make sure Hillary was not the nominee. At that time they had no idea how dangerous Obama is. They may still be registered Democrat but I don’t think many will vote for him again. Also factor in PUMA. Factor in Obama and his get out and vote early. Read that vote early and vote often and vote before something worse turns up about me?
Firefly don’t worry. I am in Florida and the Cubans in Miami Dade will not vote for anyone pushing anything that sounds like socialism, never, ever. In Broward the Jewish voters will not vote for someone who has questionable anti Israel friends or acquaintances. I am a registered democrat and so are 7 members in my family and all have either absentte ballot or voted for Mccain. The MSM wants Obama to win(some) because it will give them job security for the next 4 years. They will get paid to tear down the monument (Obama) that they built, while we all watch. The difference is they already did that to us once his name was George W Bush and we won’t watch again. Relax. They are assuming early voters = Obama, early voters also = upset Hillary supporters, upset Florida Democrats, upset Michigan Democrats, upset women voters, upset Democrats that don’t like their party being turned into radical Democrats.
Remember the primary.
Many Hillary supporters who are now voting for John McCain are registered Democrats.
Most PUMAs are registered Democrats. Some are now Independents (like me).
And don’t forget the “Democrats for McCain” voters.
Palestinian Ibrahim Abu Jayab, 24, is seen next to his computer, in his family house in Nusayrat refugee camp, central Gaza Strip, Tuesday, Oct. 28, 2008. A young Palestinian in a Gaza refugee camp is doing his part to get out the vote for Barack Obama. With a little help from the Internet, 24-year-old Ibrahim Abu Jayab is cold calling random American families from his parent’s home imploring them to vote Obama.
(AP Photo/Khalil Hamra)
http://tinyurl.com/5q99sg
As usual Barack Hussein Obama is out of step with reality - Obama is deceiving only Obama.
John McCain was crystal clear when he said that Barack Obama’s socialistic tendencies were confessed by Obama himself when he told Joe the Plumber that he (Obama) wanted to “spread the wealth around,” NOT THE PEANUT BUTTER.
And, when you say you want to redistribute the earned wealth of some for the benefit of others — as a government ploy — THAT’S SOCIALISM OBAMA! But of course Obama is a JERK. He knows NOTHING. Obama is a fraud.
Throughout the United States, the election has become a COMBAT zone and the fight against communist, fascism and socialism is real. We MUST do battle with Obama and defeat Obama by electing John McCain.
Obama has utter contempt for the people, the voters, in the United States he won’t even show us his certified, verified BIRTH CERTIFICATE to prove he is a natural born citizen. But that’s only the part of his repugnant character. Obama promotes infanticide: the killing of innocent babies that are born in failed abortion attempts. What a repugnant man. Reject Barack Obama, reject communist, reject Sharia law.
Elect John McCain.
God bless America and our way of life. We have absolutely NO need for Barack Obama!
2008. The year The One … Lost!
http://www.nextgenerationcorp.com/NextGenBlog/?p=73
Politico was on FOX today with a list of things voters wanted the candidates to produce. Not one of those was Barack’s BC. Anyone surprised at Politico?
I’ve said this before but so many new readers: Obama lost me during an ABC Charles Gibson interview. Gibson acknowledges different theories can be put forward on different tax rates with exception of cap gains, there Gibson asserts it seems to be consistent that the lower the cap gains tax rate the more revenue the gov takes in & Obama agrees but says it’s not about the revenue stream, it’s about “Fairness.”
LD, this piece is fabulous. I was looking to mention Biden’s latest “rhetorical flourish” myself but with your economic expertise, you have stated this far better than anyone else could have.
I’ll forward this one far and wide.
I really hope the American people are getting this and that the irresponsible no-conscience media doesn’t try to bury it as well.
I mean does this qualify as a smear too, or do you think us regular folk deserve to know this information?
Never mind. Don’t answer that.
Ani,
Thanks for your nice comment. Please send this piece as far and wide as possible. The numbers do not lie!!
LD
Im really tired of the implication that small business owners are the only ones working hard. Youve run this the wrong way, we are have value, the “you all need me, Im so important attitude” has pushed many middle of the roads left - and you have only yourselves to blame. I have worked hard all my life and put myself thru college. In my job I hold people lives literally in my hands - if I make a mistake - you die . . . simple as that. My reward after 25 years and six years of college - barely 52000 a year, less insurance benefits then my patients, a 401 that has been that has been made practically worthless under the republican watch. My retirement bleak,with no healthcare insurance after years of saving so many lives. But somehow this is my fault because the only ones of value are business people. Well what do you think will happen when all the business people need the all of us poor smucks you say arent working hard enough. I think that day we should refuse that 16 hour shift and let you all get you own safe blood, correct prescription dose, or heart caths. Some how our democracy has turned into a monarchy - with the crown on the heads of the business elite. Well average Joe is tired of it. Im tired of my money trickling up - its time for a change. And the greatest thing is this is a democracy and we get a our turn at the poll. At the poll my vote counts as much as yours does, even if you think yours is worth more. See you tuesday.