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Originally posted by Sublime620
reply to post by MAINTAL
That would be changing his tax policy, and you have said it multiple times on multiple threads. SOMEHOW you missed the comments that EVERYONE has made towards your incorrect analysis.
He has never changed ANY numbers.
ELECTION 2008
Obama's tax-cut threshold shrinking?
Confusion abounds as voters hear $250,000, $200,000, now $150,000
--------------------------------------------------------------------------------
Posted: October 28, 2008
2:42 pm Eastern
By Drew Zahn
© 2008 WorldNetDaily
A new video advertisement released by the Obama campaign says the candidate's promised tax cuts are for citizens making less than $200,000 a year, not the widely reported figure of $250,000.
Adding to the confusion, Obama's running mate, Joe Biden, said in an interview yesterday the cuts are for even fewer people, limited to incomes of $150,000 or less.
Depending on the source of information, just who will have their taxes raised and who will have them cut under Obama's plan varies.
The campaign's homepage, for example, accessed today, reads, "Obama said he wanted to give a tax break to all families making under $250,000 per year, which he said was 95 percent of American workers."
Yet in the "Defining Moment" ad released on YouTube last week and viewable below, Obama says the tax cut "for 95 percent of working Americans" is only for those who make less than $200,000 per year.
According to the 2006 IRS statistics published by the National Taxpayers Union, "95 percent of working Americans" only includes those making less than $153,542 per year
www.worldnetdaily.com...
I am failing to see what is so complicated about this.
Originally posted by Cowgirlstraitup7
I don't get this line of thinking at all. For the last eight years the middle class have been shouldering the burdon of the corporate tax breaks in the hopes that these corporations would use the money to create jobs. Instead they pocketed the money and shipped jobs overseas. Now it's their turn to shoulder the burdon. That's the bottom freaking line. If you don't like it don't vote for him, which I assume you weren't going to anyway.
Originally posted by Sublime620
reply to post by MAINTAL
AGAIN, wow. How many times can I say this?
Let me see if I can explain it again. What have you always heard him say?
If you make under $250,000 a year, you will not have a raise in your taxes.
Okay, so over $250,000 a year gets a tax rise.
Now he's said, If you make under $200,000 a year, you'll receive a tax cut.
Now, simple match explains this very easily, and I will attempt to show it to you again, FOR THE LAST TIME.
x = your salary
x > $250,000 = Tax Rise
$200,000 < x < $250,000 = No change
x < $200,000 = Tax cut
Is it that difficult to understand? Perhaps Joe Biden got the number wrong, not sure, but Obama has been VERY consistent with the number 250,000. $250,000 is the key number that decides if your taxes are going to go UP!
Originally posted by MAINTAL
How can you say this sublime?? What the hell ARE YOU TALKING ABOUT THERE WON'T BE A CHANGE?
Originally posted by Sublime620
x = your salary
x > $250,000 = Tax Rise Change.
$200,000 < x < $250,000 = No change
x < $200,000 = Tax cut Change.
Originally posted by Sublime620
Your idea is incorrect. You cite two different numbers said by Obama that represent two different cut offs in the same tax plan.
So yes, you are correct, his tax plan will change taxes, but his tax plan hasn't changed. You sir, need to get your story straight.
[edit on 3-11-2008 by Sublime620]
You cite two different numbers said by Obama that represent two different cut offs in the same tax plan.
Originally posted by ForPeaceUSA
HELLO? Everyone's taxes are going to go up no matter who is in office...the selfish...I have no compassion for them. I don't mind paying more taxes to help the country in times of crisis.
Spin it any way you want it (redistribution of wealth, socialism, etc.), it's all Republican BS, just spinning these lies to some gullible people, who by the way, will lose this election.
This Country is already employing socialism by taking my money to bail of banks. So stop using "socialism" likes it's a bad word. Your Republican President is Socialist, isn't he?
Originally posted by jsobecky
This is what is called wealth redistribution, one of the basic tenets of socialism.
Originally posted by jsobecky
reply to post by MAINTAL
The next time you meet a rich person, shake his/her hand and say "Thank You". He/she will be the ones funding the "tax cuts".
Since 40% of Americans do not pay taxes, but will be getting a check, the money has to come from somewhere. It will come from the rich.
Originally posted by jsobecky
This is what is called wealth redistribution, one of the basic tenets of socialism.
This also means that the rich will not have the extra money to plow back into the economy in the form of investing in small businesses. Small businesses, the largest component of jobs in America, will suffer.
More Americans will lose their jobs. They will need that extra check to get by next week.
Originally posted by jsobecky
But what happens after that?
As for the discrepancy in the income level that will be taxed, you ain't seen nothing yet.
Take money from corps; they will just increase their prices to cover their costs.
You will end up paying more than the amount you got from your "tax cut".
Originally posted by MAINTAL
We simply stop caring and stop trying as hard as we can at being as good as we can at whatever it is we do. If you thought the greed of Capitalism is bad,, wait till you see what the antithesis of greed Socialism cultivates.
Socialism is bad, in fact it's evil
[edit on 4-11-2008 by MAINTAL]