mccain's vp

[Danzig]

Originally Posted by dalakhani

You dont know his plan.

Factcheck.org

i know i read that during an interview just the other day that he said he was keeping bushes tax cuts. i don't need to go to factcheck, unless you're suggesting barack doesn't know what he's saying?

[SCUDSBROTHER]

Originally Posted by Danzig

i know i read that during an interview just the other day that he said he was keeping bushes tax cuts. i don't need to go to factcheck, unless you're suggesting barack doesn't know what he's saying?

I think the incorrect part was about the middle class having to pay for new social programs.

[Danzig]

Originally Posted by SCUDSBROTHER

I think the incorrect part was about the middle class having to pay for new social programs.

who will pay if not the middle class? don't we pay the lions' share of most taxes as it is? the poor don't. hell, i know a gal who doesn't pay a penny in federal income tax because she's single with a couple kids. but come spring, she gets a huge 'rebate' check from the govt-earned income tax credit. yeah, we pay for that. i just want to know how you can get federal tax dollars returned that you never sent in. wish i knew that trick.

[SCUDSBROTHER]

Originally Posted by Danzig

who will pay if not the middle class? don't we pay the lions' share of most taxes as it is? the poor don't. hell, i know a gal who doesn't pay a penny in federal income tax because she's single with a couple kids. but come spring, she gets a huge 'rebate' check from the govt-earned income tax credit. yeah, we pay for that. i just want to know how you can get federal tax dollars returned that you never sent in. wish i knew that trick.

OBAMA has made it pretty clear who is gunna pay more for it(the ones who can most afford to do so.) No, the middle class doesn't pay the lion's share(because they don't make the lion's share of the money.) I don't think you realize just how rich the top level is.

[SCUDSBROTHER]

The top 5 percent of taxpayers pay more than one-half of all individual income taxes, and report roughly one-third of all the income in the country.The top 1 percent of taxpayers pay about one third of all individual income taxes. You don't realize just how rich they are. They have to tax them, because that's where the most money is.

[Danzig]

Originally Posted by SCUDSBROTHER

OBAMA has made it pretty clear who is gunna pay more for it(the ones who can most afford to do so.) No, the middle class doesn't pay the lion's share(because they don't make the lion's share of the money.) I don't think you realize just how rich the top level is.

funny, it's one of the dems big talking points, saving the middle class from all the taxes they pay..the middle class is far and away the biggest class, and the hardest hit. the poor get their payouts, rent assistance, fuel assitance, free day care, free insurance. all that 'free' stuff you and i pay for. hell, by the time i work my 50-60 hours a week, and tony works his time, and we pay for all that crap, and our own bills...we'd probably be better off claiming disability and living on the dole. i wouldn't have to get dressed in the morning.

[dalakhani]

Originally Posted by Danzig

i know i read that during an interview just the other day that he said he was keeping bushes tax cuts. i don't need to go to factcheck, unless you're suggesting barack doesn't know what he's saying?

He is keeping tax cuts for the middle class but on top of that adding tax credits for families. The big difference is that he is rolling them back for families making over 250k and some for corporations. He also plans to increase Capital gains taxes and keep AMT in place.

[Cannon Shell]

Originally Posted by dalakhani

He is keeping tax cuts for the middle class but on top of that adding tax credits for families. The big difference is that he is rolling them back for families making over 250k and some for corporations. He also plans to increase Capital gains taxes and keep AMT in place.

And this is a good plan? Families making over 250k are now considered rich? Capital gains taxes are good? The AMT is good? And you call yourself a capitalist? I'm sure you thought the John Brunetti Hialeah takeout "plan" was a good one too.

[dalakhani]

Originally Posted by Cannon Shell

And this is a good plan? Families making over 250k are now considered rich? Capital gains taxes are good? The AMT is good? And you call yourself a capitalist? I'm sure you thought the John Brunetti Hialeah takeout "plan" was a good one too.

AMT is GOOD. I can tell you from experience that if not for AMT my effective tax rate would be about _____. And the rich can say the same thing.

Capital gains taxes arent good but necessary.

Do you question Warren Buffet's capitalist nature? He is in favor of these tax policies.

Families making over 250k arent rich but have you done the math on how much added burden a 250k family would have to take on?

[geeker2]

Originally Posted by dalakhani

AMT is GOOD. I can tell you from experience that if not for AMT my effective tax rate would be about _____. And the rich can say the same thing.

Capital gains taxes arent good but necessary.

Do you question Warren Buffet's capitalist nature? He is in favor of these tax policies.

Families making over 250k arent rich but have you done the math on how much added burden a 250k family would have to take on?

I say he's tapping Becky Quick.....

[dalakhani]

Originally Posted by geeker2

I say he's tapping Becky Quick.....

LOL I think you might have a point.

[Cannon Shell]

Originally Posted by dalakhani

AMT is GOOD. I can tell you from experience that if not for AMT my effective tax rate would be about _____. And the rich can say the same thing.

Capital gains taxes arent good but necessary.

Do you question Warren Buffet's capitalist nature? He is in favor of these tax policies.

Families making over 250k arent rich but have you done the math on how much added burden a 250k family would have to take on?

AMT is not good, it is misguided and outdated and needs to be at least altered to the times.

Warren Buffet's opinion is the opinion of a guy who sits a long ways away from the real world of the "middle class". Maybe he is simply he is a typical billionaire who feels guilty about making so much money. The Bleeding heart billionaire.

Any extra burden on a $250k family is too much. Or should people who live in big cities where a $250k family is middle class not count?

What is interesting is that many of the same people who go absolutely nuts if a racetrack raises takeout are card carrying, raise the taxes Dems.

[dalakhani]

Originally Posted by Cannon Shell

AMT is not good, it is misguided and outdated and needs to be at least altered to the times.

Warren Buffet's opinion is the opinion of a guy who sits a long ways away from the real world of the "middle class". Maybe he is simply he is a typical billionaire who feels guilty about making so much money. The Bleeding heart billionaire.

Any extra burden on a $250k family is too much. Or should people who live in big cities where a $250k family is middle class not count?

What is interesting is that many of the same people who go absolutely nuts if a racetrack raises takeout are card carrying, raise the taxes Dems.

AMT is necessary and you know it is. Altered? perhaps...but you have to agree that it is necessary.

Any burden on a 250k family is too much? How can you say this unilaterally when not taking into account many other factors?

I think your racetrack analogy is off. Bitching about takeout and bad rides is bipartisan.

[Cannon Shell]

Originally Posted by dalakhani

AMT is necessary and you know it is. Altered? perhaps...but you have to agree that it is necessary.

Any burden on a 250k family is too much? How can you say this unilaterally when not taking into account many other factors?

I think your racetrack analogy is off. Bitching about takeout and bad rides is bipartisan.

I dont believe that AMT is necessary but if it is going to stay (mostly for political reasons because god forbid anyone be seen as helping the "rich") than it absolutely should be adjusted to modern income levels.

How can you say that $250k is the number at which it is ok to add burden? Especially considering the wide gap in CoL throughout the country? Surely a family living in manhattan versus a family living in Montana is an important factor?

My racetrack analogy isnt off, what is the difference? Raising takeout is akin to raising taxes because in theory the extra takeout is used to make improvements or added to purses to put on a better product. But as in govt, that rarely happens and in the end all it succeeds in is taking money that would add to handle (the economy) out of circulation which shrinks handle.

[Danzig]

Originally Posted by Cannon Shell

AMT is not good, it is misguided and outdated and needs to be at least altered to the times.

Warren Buffet's opinion is the opinion of a guy who sits a long ways away from the real world of the "middle class". Maybe he is simply he is a typical billionaire who feels guilty about making so much money. The Bleeding heart billionaire.

Any extra burden on a $250k family is too much. Or should people who live in big cities where a $250k family is middle class not count?

What is interesting is that many of the same people who go absolutely nuts if a racetrack raises takeout are card carrying, raise the taxes Dems.

that's a very good point that gets largely ignored. some parts of the country (such as here) that is a TON of money. other places, not so much. tony and i have it made down here as for the most part the cost of living is really low. my house payment is incredibly low, property down here is cheap. by the same token, the federal minimum wage stretches a lot further here than anywhere-most states min wage is higher than the federal. speaking of the minimum wage, we just had a hike on that-and is it just coincidence that unemployment grew at the same time? i know here locally it's not a coincidence. my daugher got let go a month before leaving for college, along with a coworker, due to the hike. small businesses down here couldn't handle the increase, which happened at the same time that volume was decreasing due to oil and fuel prices.