Taxes
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Taxes
| Sat, 09-06-2008 - 1:17pm |
Found this summary on the Obama Facebook page but I checked out the website and the summary is accurate according to the nonpartisan Tax policy Center.
The nonpartisan Tax Policy Center found that Mr. Obama's plan would amount to a tax cut for 81 percent of all households, or 95.5 percent of those with children. The center calculated that by 2012 the Obama plan would let middle-income taxpayers keep about 5 percent more income on average, or nearly $2,200 a year, while Mr. McCain would give them an average 3 percent break, or about $1,400. The richest 1 percent would pay an average $19,000 more in taxes each year under Mr. Obama's plan but see a tax cut of more than $125,000 under Mr. McCain.






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I don't care. I am poor as heck but I would never in a million years vote for someone I do not trust and seems egocentric!
McCain '08
Edited 9/6/2008 1:21 pm ET by hillaryt123
Obama egocentric? I highly doubt that! Talk about egos! McCain mush have a huge one, dumps his first wife after she's disfugured in an accident, and cheated on her and hooked up with Cindy the Beer Queen. I vote with my purse, and McCain won't do diddly squat for me.
First, let me say that DH and I have made a salary at the poverty line for almost three years now. We are not rich. In fact, for the past two years, we have qualified to pay 0 taxes. I am not rich.
With that said, I have to say that I find it incredibly interesting and hypocritical that people who are in the lower 95% of wage earners think they have more of a right to keep the money they've earned than the people in the top 5% of wage earners. That just doesn't make sense to me...at all.
Can someone please explain to me why I (who make less than $20,000/yr) should get to keep more of the money I've earned than my father (who makes significantly more than me) should get to keep of the money he's earned? I really don't get it. If you have earned money, you deserve to keep it or distribute it as you see fit...it doesn't matter how much you made...it should be yours, or at least as much of it as possible.
And, please, don't anyone out there call me selfish. I would go toe-to-toe with *any* of you on percentage given to the less fortunate. It's not that I don't think we should help others. It's simply that I feel like I (and anyone else) should get to choose where my money goes and who my money helps.
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The government has a budget each year and we must pay for the budget with taxes.
My dad definitely will not be helped under Obama's plan, and I won't either, for that matter. Even though I don't make much money, I still make too much to get any help from the government. (Which is okay by me, because we are doing well without it, due to very wise and responsible decisions in the past.)
I guess you missed the whole point of my post. You're trying to convince me that I should go with Obama's plan, because it will be better for me. What I was trying to say is that it's that exact kind of selfish and hypocritical thinking (I deserve to keep more of my money, simply because I make less) that I don't get.
That's my point, exactly! I don't think it's fair for someone else (anyone else!) to have to give more money, just so I can give less. I understand that the system has to be progressive just for practicality's sake. I'm just not real interested in the steep progression that most Democrats propose.
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You won't need to use a single services from the government in order to keep a larger percent of your earned income.
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