Originally posted by Swatman

Originally posted by iamcamouflage
reply to post by burdman30ott6

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Its not that African Americans are choosing to support Obama because he is black it has more to do with him being a Democrat. Historically African Americans have voted in much greater numbers for Democrats as opposed to Republicans. Democrats have built an agenda on helping the middle class, minorities, homosexuals and disinfranchised Americans in general. I think Democrats have specifically targeted the issues that affect these groups and that has more to do with the African American support for Obama than the color of his skin.

Depending on what you consider the Middle Class to be, it could be argued that the majority of Americans(~90%) are middle class or lower on the economic scale. Forming a platform that seeks to help the people who fall into this category, is a very smart move, that can obtain the highest number of votes. That is why Obama wants to repeal the Bush tax cuts because they only help people who make more that ~$200,000. Obama wants to cut taxes for 95% of the population. Your taxes will only go up if you make more than ~$200,000. And the group of Americans above this mark only represent a small percentage of the population. So its in the Democrats best interest to help those under that value.

www.johnmccain.com...





Keep Tax Rates Low: Entrepreneurs are at the heart of American innovation, growth and prosperity. Entrepreneurs create the ultimate job security - a new, better opportunity if your current job goes away. Entrepreneurs should not be taxed into submission. John McCain will keep the top tax rate at 35 percent, maintain the 15 percent rates on dividends and capital gains, and phase-out the Alternative Minimum Tax. Small businesses are the heart of job growth; raising taxes on them hurts every worker.

Cut The Corporate Tax Rate From 35 To 25 Percent: A lower corporate tax rate is essential to keeping good jobs in the United States. America was once a low-tax business environment, but as our trade partners lowered their rates, America failed to keep pace. We now have the second highest corporate tax rate in the world, making America a less attractive place for companies to do business. American workers deserve the chance to make fine products here and sell them around the globe.

Allow First-Year Deduction, Or "Expensing", Of Equipment And Technology Investments: American workers need the finest technologies to compete. Expensing of equipment and technology will provide an immediate boost to capital expenditures and reward investments in cutting-edge technologies.

Establish Permanent Tax Credit Equal To 10 Percent Of Wages Spent On R&D: This reform will simplify the tax code, reward activity in the United States, and make us more competitive with other countries. A permanent credit will provide an incentive to innovate and remove uncertainty. At a time when our companies need to be more competitive, we need to provide a permanent incentive to innovate, and remove the uncertainty now hanging over businesses as they make R&D investment decisions.



www.barackobama.com...




Obama will cut income taxes by $1,000 for working families to offset the payroll tax they pay.
Provide a Tax Cut for Working Families: Obama will restore fairness to the tax code and provide 150 million workers the tax relief they need. Obama will create a new "Making Work Pay" tax credit of up to $500 per person, or $1,000 per working family. The "Making Work Pay" tax credit will completely eliminate income taxes for 10 million Americans.

Eliminate Income Taxes for Seniors Making Less than $50,000: Barack Obama will eliminate all income taxation of seniors making less than $50,000 per year. This proposal will eliminate income taxes for 7 million seniors and provide these seniors with an average savings of $1,400 each year. Under the Obama plan, 27 million American seniors will also not need to file an income tax return.

Simplify Tax Filings for Middle Class Americans: Obama will dramatically simplify tax filings so that millions of Americans will be able to do their taxes in less than five minutes. Obama will ensure that the IRS uses the information it already gets from banks and employers to give taxpayers the option of pre-filled tax forms to verify, sign and return. Experts estimate that the Obama proposal will save Americans up to 200 million total hours of work and aggravation and up to $2 billion in tax preparer fees.

Provide Tax Relief for Small Businesses and Start Up Companies: Barack Obama will eliminate all capital gains taxes on start-up and small businesses to encourage innovation and job creation. Obama will also support small business owners by providing a $500 “Making Work Pay” tax credit to almost every worker in America. Self-employed small business owners pay both the employee and the employer side of the payroll tax, and this measure will reduce the burdens of this double taxation.

Create a National Network of Public-Private Business Incubators: Barack Obama will support entrepreneurship and spur job growth by creating a national network of public-private business incubators. Business incubators facilitate the critical work of entrepreneurs in creating start-up companies. Obama will invest $250 million per year to increase the number and size of incubators in disadvantaged communities throughout the country.
Labor

Republicans could give a flying #@!# about black folks.

Originally posted by tide88
reply to post by mental modulator

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That all sounds great what obama plans to do, however it doesnt go into how much he is going to raise taxes to individuals and corporations. I personally get 90% of my business from people who make over 20000 a year. Those are the people who spend the most. You start pentalizing people who are successful, those people are going to cut back spending in other areas. Just like if you start to tax large coporations. Those corporations are either going to have to raise prices or cut back on employees. How about his plan to have an estate tax of over 50%. That is real fair. The government gets to take half your hard earned money and redistribute it to the poor. Raising taxes to those who make over 200000 to 40%. Plus raising capital gains taxes. Unbelievable anyone would vote for him.

Originally posted by tide88
reply to post by LSDeviant

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It depends where you live. If a family of 4 makes 200000 a year and lives in NYC it is like making 50000/year in other places. And why should I get punished because I make a substantial amount more then you do. This is america. Land of opportunity. Since when was it the land if you are successful you have to give your money to the people who are less so. What about the doctors who have spent 8-10 years of school to and have hundreds of thousands in school loans. Now they are getting punished for making that much. Also take me for example. I am single and have quite a bit of diposable income, which I spend quite freely. It is people like me who buy the expensive products, vehicles, homes, etc that keep the economy moving. Now you want to take away half of my money. What do you think is going to happen. I am going to spend less. By me spending less, companies are going to have to cut back because profits are down. Look I feel for you. But you have to look at the big picture. Taxing the wealthy is not good for the overall economy. So you will get a tax credit and your taxes will be lower. Tell me what is better for the overall economy. Me spending 75000 on items such as the above mentioned or you spending an extra 2000-4000 on gas, groceries, and other everday living expenses. Not sure who you work for or what you do, but there will be many job cuts if he raises taxes on people making just over 200000.

[edit on 29-8-2008 by tide88]

Originally posted by TXMACHINEGUNDLR
reply to post by iamcamouflage

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My goal in life is not to make the poor rich...Sorry but that is the truth. If you can't make it, thats life. I include myself in that as well. If something were to happen and I was broke and homeless I have only myself to blame. I put myself through college with no help, lived in a crappy motel while I worked and started in life. I made sure I did not ruin my credit, or spend money I did not have....Then after 15 years of 18 hour days I can now enjoy life. Dont give me some crap that our system does not work. Cowboy up, and work harder.

Originally posted by Dronetek
reply to post by mental modulator

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Republicans could give a flying #@!# about black folks.

You know, I'm getting REALLY sick of stereotyping like this. Republicans don't hate black people. In fact, I'm a pretty right wing guy and I have nothing but respect for the black culture in America. Not only for what they have gone through, but for their dedication to the military in this country. The black contribution to our military has been unmatched in history. This is not an uncommon belief by white republican males (hence, the great admiration for men like Colin Powel).

So please, stop it with the "republicans are racist" BS. Its not true and It really makes you look like a bigot.