Taxes

iVillage Member
Registered: 11-03-2004
Taxes
241
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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iVillage Member
Registered: 09-03-2008
In reply to: loliac
Mon, 09-08-2008 - 6:11pm

The information on Obama's Facebook page isn't very accurate.

iVillage Member
Registered: 06-09-2008
In reply to: loliac
Mon, 09-08-2008 - 6:14pm

I don't have employees of my own, just myself, so I just have to worry on taxes for myself.

iVillage Member
Registered: 07-05-2006
In reply to: loliac
Mon, 09-08-2008 - 6:20pm

LOL!

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iVillage Member
Registered: 06-09-2008
In reply to: loliac
Mon, 09-08-2008 - 6:21pm
Yo're not sure how that's unfair? Ok, My dh is in the 28% tax bracket, do you think it's fair that we make A LOT less than 100,000? Should someone making 1,000,000 only pay 28%?



Why do you keep settling for making a lot less than $100K ?

iVillage Member
Registered: 06-09-2008
In reply to: loliac
Mon, 09-08-2008 - 7:00pm
iVillage Member
Registered: 06-09-2008
In reply to: loliac
Mon, 09-08-2008 - 7:06pm

Regarding the housing correction/crisis, I don't think it was the government, or loans to "minorities" (those darned minorities again!!!), or the feds who caused this mess.

iVillage Member
Registered: 04-09-2007
In reply to: loliac
Mon, 09-08-2008 - 7:33pm

Probably the same thing that banks and brokers and realtors and wall street were thinking - in this game, they wouldn't be the one's holding the "hot potato".

iVillage Member
Registered: 04-09-2007
In reply to: loliac
Mon, 09-08-2008 - 8:00pm

>>>>Actually, I believe the housing

iVillage Member
Registered: 05-14-2008
In reply to: loliac
Mon, 09-08-2008 - 8:02pm
Brilliant! So long as there are citizens with your level of understanding then all hope is not lost!
iVillage Member
Registered: 03-26-2003
In reply to: loliac
Mon, 09-08-2008 - 8:03pm

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I disagree with you, but I'm pretty sure

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