Just wondering...there's people, supposedly "middle class", who are struggling to make ends meet. They're paid unfair wages that don't keep up with inflation, their insurance premiums continue to rise, and often times they're one missed paycheck away from total financial ruin. Do they represent what this country stands for?
You kinda skipped the middle part....between him asking Obama a question and the media scrutiny.....you missed the part where McCain used his first and last name and hometown about a dozen times in the debate.
McCain exploited the guy as his poster child for the average Joe.
"It's time to put the election behind us and the country in front of us. Barack Obama wasn't my choice, but come January 20th, he will be MY President.... I will not seek to see all
"Sen. McCain has been quick to point out that Sen. Obama's tax increases (most notably those in the top two income tax brackets) would hurt small business. Sen. Obama has responded that his tax plan would only affect a small fraction of small businesses. So who is right? Well, it depends.
While Sen. Obama is technically correct to point out that only a small fraction of small businesses would be hit by his tax hikes, that's not really a relevant statistic on this matter. Assuming taxes on small business activity are especially important, we need to answer the question, "How much would each candidate change the taxation of business-source income?" And the answer to that question is that Sen. Obama's tax hike would not be minor.
Also worth noting is that in the previous debate, Sen. McCain was technically incorrect when he said that Sen. Obama would raise taxes on over 50 percent of small business income. True, tax returns with small business income that have some of their income taxed at the top two marginal rates would pay more, and they make about 56 percent of small business income. But even among those businesses, much of their business income is being taxed at lower rates currently in law that would not change under Sen. Obama's tax plan.
Overall, both sides aren't telling the voters what matters for small business. Sen. Obama's claim that only a small fraction of small businesses would be directly hit by his tax plan is misleading the public into thinking his tax hikes for small business would be trivial. From an economic perspective, the disproportionate amount of small business income earned by those firms make the tax hike non-trivial. Meanwhile, Sen. McCain is overstating how much small business income would be affected by Sen. Obama's tax plan."
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Just wondering...there's people, supposedly "middle class", who are struggling to make ends meet. They're paid unfair wages that don't keep up with inflation, their insurance premiums continue to rise, and often times they're one missed paycheck away from total financial ruin. Do they represent what this country stands for?
Chrissy
mom to Aidan 8/21/03
Grayson Blaine 12/30/07
You kinda skipped the middle part....between him asking Obama a question and the media scrutiny.....you missed the part where McCain used his first and last name and hometown about a dozen times in the debate.
McCain exploited the guy as his poster child for the average Joe.
Just look at who is exposing Joe's tax records and attacking his story...the liberal media, not John McCain.
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John McCain just gave the media(liberal, conservative, and moderate)
I disagree with you, but I'm pretty sure
I don't think McCain is exploiting him. I think he is capiltalizng on Obama's socialistic plans for this country.
"It's time to put the election behind us and the country in front of us. Barack Obama wasn't my choice, but come January 20th, he will be MY President.... I will not seek to see all
Yep, John McCain is simply using Obama's very telling answer as a tool to illustrate what he'll do with your money after you earn it.
First off you should be proud of how you and your husband have accomplished what you have in life.
Second the rich are not evil.
I am middle class.
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If it actually was the truth, he had many choices about how to get the truth out.
I disagree with you, but I'm pretty sure
"Sen. McCain has been quick to point out that Sen. Obama's tax increases (most notably those in the top two income tax brackets) would hurt small business. Sen. Obama has responded that his tax plan would only affect a small fraction of small businesses. So who is right? Well, it depends.
While Sen. Obama is technically correct to point out that only a small fraction of small businesses would be hit by his tax hikes, that's not really a relevant statistic on this matter. Assuming taxes on small business activity are especially important, we need to answer the question, "How much would each candidate change the taxation of business-source income?" And the answer to that question is that Sen. Obama's tax hike would not be minor.
Also worth noting is that in the previous debate, Sen. McCain was technically incorrect when he said that Sen. Obama would raise taxes on over 50 percent of small business income. True, tax returns with small business income that have some of their income taxed at the top two marginal rates would pay more, and they make about 56 percent of small business income. But even among those businesses, much of their business income is being taxed at lower rates currently in law that would not change under Sen. Obama's tax plan.
Overall, both sides aren't telling the voters what matters for small business. Sen. Obama's claim that only a small fraction of small businesses would be directly hit by his tax plan is misleading the public into thinking his tax hikes for small business would be trivial. From an economic perspective, the disproportionate amount of small business income earned by those firms make the tax hike non-trivial. Meanwhile, Sen. McCain is overstating how much small business income would be affected by Sen. Obama's tax plan."
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