posted on Oct, 27 2008 @ 04:40 PM
reply to post by Anonymous ATS
I can't see how you guys think that what they are telling you is the truth behind what they want to do.
Obama, wants to heavily tax the people who make more than 250K a year, I have to tell you that there's a big difference between those that make 250K
a year and those that make a million or more a year. 46% of 250K is well over a hundred thousand dollars. So if you make 250K thousand dollars you
might as well only make 150K thousand under obama because you LOSE the rest to taxxes. That is HOUSEHOLD incomes by the way not individual. If you
make 100K and your wife makes 150K, then you both have to pony up 46%.Now let's look at the tax rebates. He's not talking about giving tax rebates,
he's talking about giving checks, similar to the stimulus check to EVERYONE that files a return. That pretty much means anyone that works, whether
they pay taxes or not.
Then you'll also have him letting the tax breaks that include no marriage penalty etc... that Bush inacted expire which will put a greater burden on
the middle class.
Now McCain.... Mccain wants to reduce the capital gains tax further which would help to unburden the small business owner, but let's be real here, It
might help the small business owner but it would help large corporations more. Trickle down economics with proper oversight has been shown to work to
a limited extent, but what we really need here is to abloish personal income tax, since we were bamboozled into having it in the first place similar
to what's happening right now with all of the socialist measures that are being inacted, and integrate a national sales tax that could be tiered.
You see, I don't have a problem with a national sales tax being tiered based on extravagance. The higher the cost of the item, the higher the tax. I
can see that if you want to have luxury items you should be willing to pay for it. That way you can always choose not to buy those luxury items, but
not choosing to work harder and make more money is ridiculous and we should not provide incentives for people to avoid improving their situation.
By instituting a carte blanche income tax that is tiered, you are stealing from the rich to give to the poor and increasing incentives to not become
rich. It is WRONG. People should get what they work for and if they want more they should do what it takes to get more. The opportunities are there if
people wnat them bad enough and are capable.
The whole idea that everyone should be equal is fantasy land. PEople arent equal