27 Aug 08
It would appear that Obama would raise taxes on the rich and reduce it significantly for those who make the least.
McCain would reduce taxes across the board with the biggest cuts going to the rich - who have already enjoyed big cuts through Bush.
If Obama is an elitist and McCain just an average sort of guy - shouldn't McCain's cuts be tilted towards the poor and Obama's towards the rich?
How many jobs have been created over the Bush Administration's nearly eight years?
Is the US debt increasing? If so, how will that debt ever be paid off without more government revenue?
http://www.crooksandliars.com/2008/08/27/despite-cnn-distortion-americans-prefer-obama-tax-plan/#more-32208
28 Aug 08
Originally posted by treetalki would trust vegas with my money more than a republican like bush.
It would appear that Obama would raise taxes on the rich and reduce it significantly for those who make the least.
McCain would reduce taxes across the board with the biggest cuts going to the rich - who have already enjoyed big cuts through Bush.
If Obama is an elitist and McCain just an average sort of guy - shouldn't McCain's cuts be tilted towards ...[text shortened]... ksandliars.com/2008/08/27/despite-cnn-distortion-americans-prefer-obama-tax-plan/#more-32208
http://www.brillig.com/debt_clock/
28 Aug 08
Originally posted by treetalkYou should write your own sociology papers, but I will help you out...just this once. Obama will raise taxes, not only on the rich, but on every American, through higher gas prices and other hidden taxes (higher capital gains, windfall profits tax, etc.). While MCain's largest tax cuts would be going to the wealthy, so what? They're already paying the lion's share of the operating costs of the USA. Why should McCain's tax cuts be tilted toward the poor? They don't pay any income taxes at all? Perhaps that's the problem?
It would appear that Obama would raise taxes on the rich and reduce it significantly for those who make the least.
McCain would reduce taxes across the board with the biggest cuts going to the rich - who have already enjoyed big cuts through Bush.
If Obama is an elitist and McCain just an average sort of guy - shouldn't McCain's cuts be tilted towards ...[text shortened]... ksandliars.com/2008/08/27/despite-cnn-distortion-americans-prefer-obama-tax-plan/#more-32208
I have no idea how many jobs have been created over the Bush Administration's eight years. I would suspect that his record is pretty good since trade and the economy expanded under Bush, which was the most underreported story of the past eight years.
A more important question is: Why do the Democrats, who are now beholden to Big Labor, want to increase taxes, rewrite NAFTA, work against free trade agreements, do away with secret ballots for unionization votes, and end Right to Work in 22 states? If you think the economy is bad now, wait till President The One scuttles it with all of these economically unadvisable actions.
28 Aug 08
Originally posted by der schwarze RitterFear monger all you want.
You should write your own sociology papers, but I will help you out...just this once. Obama will raise taxes, not only on the rich, but on every American, through higher gas prices and other hidden taxes (higher capital gains, windfall profits tax, etc.). While MCain's largest tax cuts would be going to the wealthy, so what? They're already payin ...[text shortened]... it till President The One scuttles it with all of these economically unadvisable actions.
Clinton had 8 years of prosperity and Surplus budgets
Bush had 8 years of economic losses for the middle and lower classes and Gigantic record breaking deficits.
Hmm, which party's record is better?
28 Aug 08
I have no idea how many jobs have been created over the Bush Administration's eight years. I would suspect that his record is pretty good since trade and the economy expanded under Bush, which was the most underreported story of the past eight years.http://news.bbc.co.uk/1/hi/business/7584472.stm
Interestingly, the US economy lost jobs under Bush, all despite economic growth, and only the top 10% of the population actually saw any benefit, the average family saw their income DROP between 2000-2006.
So I would say that is not a 'pretty good record', and no wonder it was under-reported fo rth elast 8 years...
28 Aug 08
Originally posted by uzlessI did far better the past eight years than I've done my whole life, and I'm hardly what anyone would call rich.
Fear monger all you want.
Clinton had 8 years of prosperity and Surplus budgets
Bush had 8 years of economic losses for the middle and lower classes and Gigantic record breaking deficits.
Hmm, which party's record is better?
28 Aug 08
Originally posted by GoatboysrevengeYou're cherry picking your numbers. Here's the rest of the story:
http://news.bbc.co.uk/1/hi/business/7584472.stm
Interestingly, the US economy lost jobs under Bush, all despite economic growth, and only the top 10% of the population actually saw any benefit, the average family saw their income DROP between 2000-2006.
So I would say that is not a 'pretty good record', and no wonder it was under-reported fo rth elast 8 years...
The US Census, however, in a report released on Tuesday, said that real incomes had increased by 1.3% between 2006 and 2007, while poverty and inequality had stabilised or declined.
28 Aug 08
1 edit
Originally posted by der schwarze RitterObama will raise gas prices? How?
You should write your own sociology papers, but I will help you out...just this once. Obama will raise taxes, not only on the rich, but on every American, through higher gas prices and other hidden taxes (higher capital gains, windfall profits tax, etc.). While MCain's largest tax cuts would be going to the wealthy, so what? They're already payin it till President The One scuttles it with all of these economically unadvisable actions.
Capital gains taxes, windfall profits taxes etc? Can you point me to where Obama has said he'll raise them?
Seeing as everywhere you look there appears to be indisputable evidence that the economy is not doing so well - rising prices of food, rising levels of credit debt, mortgage foreclosures, government bailouts of various 'big business' interests, and seeing as how the middle/lower and poorer classes are struggling; and seeing as how the government (in theory) is going to have to pay back all the money it has borrowed ... so what if the rich get a slight increase in taxes?
Will the rich - with an increase in their tax burden - have to worry about how they will pay this month's bills or where the money for the next lot of groceries is going to come from? No, of course not. The poorer among you do - hence, it makes sense to give them bigger tax cuts - after all, it is the vast swathes of the 'not rich' spending money that makes an economy hum along, isn't it? At the moment they don't really have any money to spend.
How many of the rich really do pay the lion's share? I seem to remember reading that a large percentage of big businesses exploit every loophole possible to pay as little as they can.
The American economy seemed to do ok under Clinton - or are you going to claim that that was Bush Snr's doing? It's remarkable that anything good that ever happens under Republican stewardship is attributable to good old conservative principles, and anything bad is the fault of previous Democrat Administrations.
Beholden to Big Labour? As opposed to being in the pocket of Big Business?
29 Aug 08
Originally posted by treetalkHow many jobs have been created over the Bush Administration's nearly eight years?
It would appear that Obama would raise taxes on the rich and reduce it significantly for those who make the least.
McCain would reduce taxes across the board with the biggest cuts going to the rich - who have already enjoyed big cuts through Bush.
If Obama is an elitist and McCain just an average sort of guy - shouldn't McCain's cuts be tilted towards ...[text shortened]... ksandliars.com/2008/08/27/despite-cnn-distortion-americans-prefer-obama-tax-plan/#more-32208
Mine.