Howdy, Stranger!
It looks like you're new here. If you want to get involved, click one of these buttons!
Quick Links
==__McCain and Obama's Tax Plan__==
v1c1
Member Posts: 29
Here is a comparison of the tax plans by both canidates. What a suprise, McCain is giving his largest cuts to the wealthy while Obama is giving his to the poorest and the rapidily disapearing middle class. McCain will just increase our debt while Obama will decrease and help out the middle class. Elitist? I don't think so.
This discussion has been closed.
Comments
I think I've seen that McCain tax plan somewhere before.
Ahhh, that's right, he cut and pasted it from Bush's tax plan.
McCain knows we're worse off than we were 4 years ago, and he's not willing to do a damn thing about it.
possibly because he knows that a tax plan wont fix a single thing , especially when spending is the issue.
Never underestimate the power of stupid people in large groups.
im a novice when it comes to taxes and the system.
but even as a novice i can point out real faults or biases in the silly little color graph.
silly little color graphs are meant to appeal to silly little people.
for example the wording on the bottom tier 'tax payers' says amounts to 60% of taxpayers. perhaps to be fair we could note that the top 3 brackets(the rich folk) amount to 88% of all taxes paid? yea, that would be cool. to let the little guy actually know, who is paying for their military and healthcare. yep.
also in that silly little color graph that is designed for silly little voters we can note that people earning...i dont know the tax system, but them bottom people pay zero taxes. none from what i can remember. no taxes?? maybe they even got a $600 tax credit back this year, per child, up to $1,800 and they didnt pay any taxes? not sure, but they pay nothing and receive everything.
so in short, keep people poor, keep class warfare alive, join a union that will cap your potential(in tradeoff for job security) and vote blue. and vote often too.
so the big fish pay the largest tax burden. they pay for the poor people already. when will it be enough?
-I will subtlety invade your psyche-
"IRS data indicate that the wealthiest 5% of taxpayers (ranked by Adjusted Gross Income (AGI), counting only returns with positive AGI) paid roughly 60% of all income taxes; the bottom 50% of taxpayers account for just 3% of income taxes paid."
" families with relatively low incomes may pay no income tax, or may receive earned income tax credits (tax benefits); "
http://en.wikipedia.org/wiki/Income_tax#United_States
-I will subtlety invade your psyche-
oh my god.
did i just read that right?
that if i was lucky enough, skilled enough to earn 2.87 million obama wants to raise my taxes by 700,000 thousand dollars?
holy anal rapage, batman.
pass the lube. grab my hair. tickle my ballz or something.
-I will subtlety invade your psyche-
I don't think you should count the upper tier mainly because its a very broad earning spectrum up to the billions, and its averaged. I would pay attention to the one below it that increases taxes 100k when you earn 600k. Still a freaking shitload.
As a taxpayer, last year I paid a total of $0 in taxes. I am not sure which plan would be better. A decrease of 5.5% or a decrease of 0.2%; mainly because its a percentage of $0. Actually, its more like the IRS paid me $0.34 to send me my tax return.
Um last time I checked everyone pays taxes. Even those "bottom people". Maybe that "silly little color graph" wasn't "silly" or simple enough for you. You must be 14 or jobless because the goverment takes taxes out of your paycheck right from their first job. I understand your "mistake" though. You get your information from Wikipedia which, obviously, is always right.
This graph is far to technical for my understanding..
------------------------------
"Capitalism is currently working as intended."
yea so if you made 2.8 mil you would have to pay 435,000(current) now +700,000( new rate) under his plan , then hope they dont also make you pay for universal healthcare, raise other taxes on your busniess , etc .... not to mention right now as it stand those upper brackets already pay more than half the tax of the entire country ( around 60% i beleive) while the bottom 2 rarely pay anythnig at all anyway ( 2 people with a kid 35k a year = zero tax so you cant get a break that makes you pay less than zero so its no break for you anyway) ,
So let me get this right the reward for being succcessful, actually doing the American dream ...
is to pay about 50% of your earnings for being better , working harder , smarter to support people who dont /wont/think they shuold get it from free?
I can already see what hapens here ... people like me, move money outside the US and dont pay tax at all on it . Reloate business outside the US to lower tax braxcket meaning no tax from it and no tax from the employees either. Or we stop spending on non essentials and everyone seems to forget the last great depression was caused by taxing the higher income so much that they stopped spending.
Never underestimate the power of stupid people in large groups.
Such blatant lack of care about the less fortunate continues to astound me.
------------------------------
"Capitalism is currently working as intended."
and they care about me ? or just my wallet.
the blatant lack of self respect should bother you more.
Never underestimate the power of stupid people in large groups.
According to your earlier post any person who makes 250,000+ a year must be smarter, must work harder, and must be overall a better person than someone that makes 30,00- a year. Do you understand the faults in this statement? And a universal health care system would benefit everyone overall, rich and poor. The only reason the rich don't have to worry about the current health care system if because if their "provider" bails out if they get sick, they can still afford treatment.
------------------------------
"Capitalism is currently working as intended."
And what are the problems of universal health care?
------------------------------
"Capitalism is currently working as intended."
so what would be the reason a person would want to achieve anything ? What incentive is there to be successful? The reward for success is that you must support those not willing.
i never said better person you make stuff up to try to prove something that hasa;ready been proven not to work by history. 1st time was in Rome last time was in 1940's.
Raising taxes helps how? , you assume that people that lose 50% of their income will still spend like they stil have all their income , Lack of spending is what causes depressions, not lack of money, not lack of welfare.
How about instead of punishing people for doing it better , faster , smarter. You elect an official who wont waste 4 bilion on a bridge in alaska that goes to no where and instead spends it on veterans or teachers.
That way you dont waste the taxes. Thats the problem, congress puts more spendng into things that do nothing at all that they do that helps anyone. And you think raising taxes mean they are going to stop?
Only an idiot could think that creating a country where 5% of the population MUST support the other 95% is going to work. because you assume that the 5% isnot going to go somewhere else where they can enjoy the fruits of their labour and the benefits of their choices.
Never underestimate the power of stupid people in large groups.
Dont get me wrong i dont mind giving back , i already put about 10% to charities , my taxes go up , thats dollar for dollar that my donations go down harming more than it helps again, i cut empolyees hurting more, and as people who think they might lose their job spend less saving up for they day they DO lose their job. things continue to spiral out of control.
Taxes wont ever fix anything wrong with the economy. never has , never will. higher taxes in all cases have done more harm than good through out history. How can a person whith a straigh face who bitches about taxes being so high now think that going higher will fix everything ? wasnt that why people let them raise the taxes in the first place? because it was supposed to fix it this time? How many times does it have to fail before you actually look at the problems instead of what you are told is the issue.
Sounds familiar? it should, last time someone tried this it took a wiorld war to correct the mistake.
Never underestimate the power of stupid people in large groups.
Such blatant lack of care about the less fortunate continues to astound me.
You are not alone. I amazed that this is what our society has come to nowadays. I never thought people could be so cold but the posts on this thread just shed more light what state our society as a whole is coming to. These are the people who think they are better than the homeless man on the curb begging for money or the janitor at his work place. I don't know where the compassion for other humans went. These people probaly consider themselves Christians to. All you can do is feel sorry them, they are too stubborn to change their mind.
But it isn't a waste of taxes to spend 500,000,000 dollars a day in Iraq, right? Wait, that's right, it's not wasting taxes because it isn't using American taxes, it's using China's taxes.
Let's take a look at what's worse for an economy.
Scenario 1: There is a 5% top percentile of rich people, while the rest are the struggling middle class, the even more struggling working class, and the hopeless poverty.
Scenario 2: The people that make around 2,000,000 dollars a year give a third of their income a year to make it so that no one is struggling, no one is hopeless. Those people that gave 700,00 dollars still make over a million dollars a year. Lets say that 300,000 dollars they have goes to housing costs, big screen TVs, all the stuff people spend stuff on. Then, they put the rest of their money, 1,000,000 dollars in the bank. How much money would they make on a low 5% interest on that 1,000,000 dollars in one year? 50,000 dollars. That's a more than decent income for any person, and it only adds to this persons wealth.
Which scenario sounds more harmful?
------------------------------
"Capitalism is currently working as intended."
And what are the problems of universal health care?
9/10 doctors want universal healthcare. its easy to overcharge the government.
have you heard about the little girl in pigtails with 'universal' coverage? she was from canada. she flew down to america to get better care and off a government waiting list of some sort. true story, repeatable quest too.
the only thing healthcare needs, is reform of governments current monstrosity of medifraud. they give scooters away for free!!@!!@#
-I will subtlety invade your psyche-
And what are the problems of universal health care?
9/10 doctors want universal healthcare. its easy to overcharge the government.
have you heard about the little girl in pigtails with 'universal' coverage? she was from canada. she flew down to america to get better care and off a government waiting list of some sort. true story, repeatable quest too.
the only thing healthcare needs, is reform of governments current monstrosity of medifraud. they give scooters away for free!!@!!@#
have you heard the stories about people that fake Canadian citizenship so that they can afford health care? I have only heard good things about Canadian health care, or the NHS, and all these things. All industrialized nations have universal health care, with one exception: the United States of America. Obviously it's time for us to step up.
------------------------------
"Capitalism is currently working as intended."
Please clean up your posts. They are nonsensical and makes you seem like a 14 year old.
But it isn't a waste of taxes to spend 500,000,000 dollars a day in Iraq, right? Wait, that's right, it's not wasting taxes because it isn't using American taxes, it's using China's taxes.
Let's take a look at what's worse for an economy.
Scenario 1: There is a 5% top percentile of rich people, while the rest are the struggling middle class, the even more struggling working class, and the hopeless poverty.
Scenario 2: The people that make around 2,000,000 dollars a year give a third of their income a year to make it so that no one is struggling, no one is hopeless. Those people that gave 700,00 dollars still make over a million dollars a year. Lets say that 300,000 dollars they have goes to housing costs, big screen TVs, all the stuff people spend stuff on. Then, they put the rest of their money, 1,000,000 dollars in the bank. How much money would they make on a low 5% interest on that 1,000,000 dollars in one year? 50,000 dollars. That's a more than decent income for any person, and it only adds to this persons wealth.
Which scenario sounds more harmful?
your points only bring more 'struggling' to the system. keep giving free shit away and the 'problem' greatens.
the gross masses can be lazy if given the chance.
ill cite the projects in NYC as an example. growing up here, working there gave me a unique perspective. there was a contamination or, there still is a contamination of women getting pregnant for an apartment and checks. the lazy 'poor' people have every chance in the world to do well in high school and go to city university or state if they're good enough.
lazy society, dependent society you will grow with your socialism. toughen up and give the bums some change if you feel compelled to. give to charity. whatever, dont put this country in shambles by making everyone content adn complacent.
-I will subtlety invade your psyche-
But it isn't a waste of taxes to spend 500,000,000 dollars a day in Iraq, right? Wait, that's right, it's not wasting taxes because it isn't using American taxes, it's using China's taxes.
Let's take a look at what's worse for an economy.
Scenario 1: There is a 5% top percentile of rich people, while the rest are the struggling middle class, the even more struggling working class, and the hopeless poverty.
Scenario 2: The people that make around 2,000,000 dollars a year give a third of their income a year to make it so that no one is struggling, no one is hopeless. Those people that gave 700,00 dollars still make over a million dollars a year. Lets say that 300,000 dollars they have goes to housing costs, big screen TVs, all the stuff people spend stuff on. Then, they put the rest of their money, 1,000,000 dollars in the bank. How much money would they make on a low 5% interest on that 1,000,000 dollars in one year? 50,000 dollars. That's a more than decent income for any person, and it only adds to this persons wealth.
Which scenario sounds more harmful?
your points only bring more 'struggling' to the system. keep giving free shit away and the 'problem' greatens.
the gross masses can be lazy if given the chance.
ill cite the projects in NYC as an example. growing up here, working there gave me a unique perspective. there was a contamination or, there still is a contamination of women getting pregnant for an apartment and checks. the lazy 'poor' people have every chance in the world to do well in high school and go to city university or state if they're good enough.
lazy society, dependent society you will grow with your socialism. toughen up and give the bums some change if you feel compelled to. give to charity. whatever, dont put this country in shambles by making everyone content adn complacent.
Are you a Christian or religous by any chance?
And what are the problems of universal health care?
Ill give you a real world example of how something like this ( even controlled to a small % of the population )hurts every single american.
Gm spends almost 40% of its income providing bebnefits to its retired employess. Small part of american population , to carry that small % of americans, every single car they makes cost 2700$ to make than it should. That makes it really hard for them to compete in the global market , meaning they can not compete building cars inside the USA or allocate as much to research( to make better cars) as other companies can who dont have this expense. this bleeds down into places where plants close here and move to mexico , Austria, Russia , Shanghai, anywhere but USA. How does that benefit anyone?
How does this apply to us now?
universal healthcare cost will impose this liability to EVERY SINGLE american company. Social Security alone will be the ENTIRE income of the US govt by 2018( according to the current congress) , i dont see how universal health care is going to cost less than that.
What happens when every single person or company that is successful has to drop 40-50% of its income to support others ? Look to GM. theres your answer in REAL LIFE not theory ,not we think , not i promise as president.
EDITand per your exmple , what does spending a dime in Iraq have to do with taxes? Thats kills your own damn argument. Thats money Borrowed by a congress that cant be trusted to spend the mioney they have NOW to do anything for good. But you are willing to beleive that they will spend this other money in some other way?
Never underestimate the power of stupid people in large groups.
But it isn't a waste of taxes to spend 500,000,000 dollars a day in Iraq, right? Wait, that's right, it's not wasting taxes because it isn't using American taxes, it's using China's taxes.
Let's take a look at what's worse for an economy.
Scenario 1: There is a 5% top percentile of rich people, while the rest are the struggling middle class, the even more struggling working class, and the hopeless poverty.
Scenario 2: The people that make around 2,000,000 dollars a year give a third of their income a year to make it so that no one is struggling, no one is hopeless. Those people that gave 700,00 dollars still make over a million dollars a year. Lets say that 300,000 dollars they have goes to housing costs, big screen TVs, all the stuff people spend stuff on. Then, they put the rest of their money, 1,000,000 dollars in the bank. How much money would they make on a low 5% interest on that 1,000,000 dollars in one year? 50,000 dollars. That's a more than decent income for any person, and it only adds to this persons wealth.
Which scenario sounds more harmful?
your points only bring more 'struggling' to the system. keep giving free shit away and the 'problem' greatens.
the gross masses can be lazy if given the chance.
ill cite the projects in NYC as an example. growing up here, working there gave me a unique perspective. there was a contamination or, there still is a contamination of women getting pregnant for an apartment and checks. the lazy 'poor' people have every chance in the world to do well in high school and go to city university or state if they're good enough.
lazy society, dependent society you will grow with your socialism. toughen up and give the bums some change if you feel compelled to. give to charity. whatever, dont put this country in shambles by making everyone content adn complacent.
Socialism is the only thing that could save this country right now. The economy hasn't been this bad since the depression, and what got us out of the depression? Socialism. How would this "lazy poor" get to go to college? Or even stay in high school? When you're family has no money, you can either A. stay in high school and barely survive, or B. drop out and get a job to make it so your family can eat. And even if the "lazy poor" stays in high school, or gets their GED, how do they pay for college? They can't. They need the governments money for education, and for food on their plate and a roof over their head so they can concentrate on that.
------------------------------
"Capitalism is currently working as intended."