Originally posted by KidRock
I dont have to..Obama will prove it himself when we are still in Iraq 3 years into his next term.His only hope can be if the Republicans retake congress so he can put the blame on them in 2012.
Ah, so you will continue to mindlessly rant and claim you'll be vindicated in years to come, good tactic.
Originally posted by Devil King
I make 100 dollars, I give the government 10 percent. So I pay 10 dollars of my 100. If I make 1 billion dollars, I pay 100 million of it to the government. It's an equal percentage, just as you proposed.
So..just using random numbers here..you feel someone making 20,000 a year will be taxed at 10% and Obama will just raise taxes on the wealthy so that someone making 500,000 will be taxed at 10% as well and not say 5%?
Is that what you're saying?
Originally posted by Devil KingIt would be. But that's not how it is. And that's not how it would be in Obama's plan.
I make 100 dollars, I give the government 10 percent. So I pay 10 dollars of my 100. If I make 1 billion dollars, I pay 100 million of it to the government. It's an equal percentage, just as you proposed.
Originally posted by KidRock
So..just using random numbers here..you feel someone making 20,000 a year will be taxed at 10% and Obama will just raise taxes on the wealthy so that someone making 500,000 will be taxed at 10% as well and not say 5%?Is that what you're saying?
That's what I'm saying to Bardock.
Originally posted by chithappens
I REALLY need to see those stats.
sorry I can't post a link because I'm new.
Go to the National Taxpayers Union and see for yourself. Educating yourself is always better than listening to the drivel that comes from the mouths of politicians.
I think their numbers are broken down slightly different, Like the top 25% pays 85% or something
Originally posted by Bardock42
It would be. But that's not how it is. And that's not how it would be in Obama's plan.
I REALLY hope he doesnt believe someone making 20,000 a year will be taxed the same as someone making 500,000 a year..he cant be that dumb..I am giving him the benefit of the doubt.
Originally posted by Devil King
That's what I'm saying to Bardock.
Wow, you think thats what Obamas plan is? Can I see a link to where you read all this?
so, if taxes aren't going to be equal, why does it make more sense to increase the spending power of the rich than of the middle class/poor?
we have seen pretty abundantly that the theory of trickle down doesn't work, and anyone who makes under 100 000 a year will be investing whatever tax savings they have directly into the economy, having the money end up in the hands of the rich anyways...
Originally posted by inimalist
so, if taxes aren't going to be equal, why does it make more sense to increase the spending power of the rich than of the middle class/poor?we have seen pretty abundantly that the theory of trickle down doesn't work, and anyone who makes under 100 000 a year will be investing whatever tax savings they have directly into the economy, having the money end up in the hands of the rich anyways...
Where have we seen trickle down again? In no western country I know of do the rich actual pay the same or even less in percentage than the poorer. What are you referring to?
Originally posted by Bardock42
Well, Obama states he would leave the top bracket at 35% much higher than all the other brackets.I don't know what makes you think Obama of all people favours a flat income tax. He doesn't.
You and I are talking about flat taxes.
Obama can't "leave" anything alone if it weren't already where it is, right? What Obama has said is that he'll try to close the loopholes that are used to get away with not paying the taxes they should be paying.
Originally posted by Devil KingYes, that's a good thing. BUT, it's making the gap higher, actually. So, closing the tax and working on making it flatter would be reasonable.
You and I are talking about flat taxes.Obama can't "leave" anything alone if it weren't already where it is, right? What Obama has said is that he'll try to close the loopholes that are used to get away with not paying the taxes they should be paying.