Anyone watch the debate???
If you said no to all of these, with Obama, you will be paying less in taxes.
If you really believe you will be paying less taxes with Obama how is he going to pay for all the programs he is talking about?
The Best V8 Stories One Small Block at Time
Slapping the wealthy with a tax increase and "attempting" to distribute this to the poor is called socialism and it DOES NOT WORK! His tax ideas will drive down stock prices, discourage investment, and deepen the recession we are currently failing into. IT is EXTREMELY important for the wealthy to invest in these economic times. Why do you think the legendary Warren Buffet is dropping Billions of dollars. What incentive will they have to invest when the capital gains tax is significantly higher. Also, these tax increases on the weathly will have a big impact on small business owners. The guys that worked hard to get where they are and dont deserve to be taxed hire. These business are the ones that net the most amount of new jobs, which is another thing this economy needs.
As part of Obama's plan no one between $250,000 and $150,000 will get a break, unless they have a dependent child in college. In which case they will get a $4,000 tax credit. For those who make less the $150,000 AND DO NOT ITEMIZE DEDUCTIONS, they will receive a $500 per worker tax credit. For those who dont know what Itemizing is, if you own a home you are almost guaranteed to itemize. Mortgage Interest, Real Estate and school taxes, charitable contributions, out of pocket medical expenses, etc. are all somewhat deductable. These deductions must exceed the standard deduction which 95% of the time they do. So, here is what this means. Families who own homes and dont have child in college will receive NOTHING, no tax break at all.
Under McCains plan: for one, he intends to keep the bush tax cuts in effect. Much more importantly the dependent excemption will go from $3,500 to $7,000. So, this will effect ALL families (assuming the children are dependents) in a very positive way. Lets say the average family has 3 kids and makes $100,000 dollars a year. Currently that family would be in the 25% tax bracket and pay $11,662 in taxes. With McCains tax break this family will pay $9,038 which is $2,624 less. So, for the average family this would be the most beneficial.
Last edited by MiketurboLS1; Oct 18, 2008 at 08:15 PM.
Slapping the wealthy with a tax increase and "attempting" to distribute this to the poor is called socialism and it DOES NOT WORK! His tax ideas will drive down stock prices, discourage investment, and deepen the recession we are currently failing into. IT is EXTREMELY important for the wealthy to invest in these economic times. Why do you think the legendary Warren Buffet is dropping Billions of dollars. What incentive will they have to invest when the capital gains tax is significantly higher. Also, these tax increases on the weathly will have a big impact on small business owners. The guys that worked hard to get where they are and dont deserve to be taxed hire. These business are the ones that net the most amount of new jobs, which is another thing this economy needs.
As part of Obama's plan no one between $250,000 and $150,000 will get a break, unless they have a dependent child in college. In which case they will get a $4,000 tax credit. For those who make less the $150,000 AND DO NOT ITEMIZE DEDUCTIONS, they will receive a $500 per worker tax credit. For those who dont know what Itemizing is, if you own a home you are almost guaranteed to itemize. Mortgage Interest, Real Estate and school taxes, charitable contributions, out of pocket medical expenses, etc. are all somewhat deductable. These deductions must exceed the standard deduction which 95% of the time they do. So, here is what this means. Families who own homes and dont have child in college will receive NOTHING, no tax break at all.
Under McCains plan: for one, he intends to keep the bush tax cuts in effect. Much more importantly the dependent excemption will go from $3,500 to $7,000. So, this will effect ALL families (assuming the children are dependents) in a very positive way. Lets say the average family has 3 kids and makes $100,000 dollars a year. Currently that family would be in the 25% tax bracket and pay $11,662 in taxes. With McCains tax break this family will pay $9,038 which is $2,624 less. So, for the average family this would be the most beneficial.
Well Said
Falso false false , o my effin Gosh False.
1st and formost, he will not extend the Bush tax cuts... thats an absolute increase on just about anyone with a job or about to receive any inheritance.
Edit: I replied before I read the post above me, which did a much nicer job of explaining this!
Also, I see your scared about her having her finger on the trigger button of the counties ICBM's and SLBM's. Do you know the launch policies for a nuclear weapon to be released?
I agree with you, there is no freakin "cure" as it’s not a disease. Now, if this conference aims to help homosexuals who WANT to become heterosexual, then I am ok with that. Forcing it on them like crazy left wing liberals is total unacceptable. Millions of people find answers and help through prayer. So, it’s a different story if they are just providing them a platform to help them.
Let’s face the facts; even under Roman Catholic law homosexuality is violation of divine and natural law. To be a child of god you must reject sin, therefore homosexuals will never be given divine sonship, never be forgiven and never accepted into gods kingdom. This is the one of the most common religions in the world and the US. So by accepting this religion as your own, you are also accepting that belief.
I am an agnostic for many many reasons just like this. Hundreds of things i do not believe to be true and yet are required to be accepted in order to be devoted to your religion. Just completely ridiculous to me.





