Obama trapped on tax issues

Discussion in 'Politics' started by Wyldgusechaz, Sep 13, 2008.

  1. Wyldgusechaz

    Wyldgusechaz New Member

    Joined:
    Dec 14, 2006
    Messages:
    1,259
    Likes Received:
    0
    Gender:
    Male
    He WANTED to raise taxes and now has backed away from that position strongly, emphatically saying not once but 5 times, "No, no, no, no, no, I will not raise taxes while we are in a recession!" to George Stephanopoulus.

    So now he is on the run on that issue, backtracking like crazy. How is he going to justify raising taxes when the economy is good? He just does not understand taxation and economics and he got himself in trouble by promising to people he would tax the rich. Now he can't and he looks like a dunce.

    He is looking more and more like a conservative on money issues. No taxation. He was stupid to promise more taxes and now dumber backpeddling.

    A charismatic guy with no business sense.
     
  2. Industrialsize

    Staff Member Moderator Gold Member

    Joined:
    Dec 23, 2006
    Messages:
    24,285
    Albums:
    2
    Likes Received:
    2,147
    Gender:
    Male
    Location:
    United States
    You leave out te fact tat Obama as NOT backed off his plans to give the "middle class" and "working poor" tax cuts.......people who saw not one bit of relief during the current Republican administration.
     
  3. Notaguru2

    Gold Member

    Joined:
    May 20, 2008
    Messages:
    1,541
    Likes Received:
    0
    Gender:
    Male
    Location:
    Charleston, SC
    We're not paying off a $10T national war debt without raising taxes. Any candidate that says they won't raise taxes doesn't know how our economy works, much less what a world of shit we're in right now.
     
  4. Wyldgusechaz

    Wyldgusechaz New Member

    Joined:
    Dec 14, 2006
    Messages:
    1,259
    Likes Received:
    0
    Gender:
    Male
    You are completely lost here. George Bush's tax cuts made it such that a family of 4 earning $40000 or less pays zero income tax. If you are going to try to be informative at least know what you are talking about. ON THIS issue you are dead wrong.
     
  5. D_Davy_Downspout

    D_Davy_Downspout Account Disabled

    Joined:
    Dec 5, 2004
    Messages:
    1,144
    Likes Received:
    0
    Let's forget for a minute that you don't have any video or transcripts linked, so who knows if you're making this up.

    Let's forget for a second that McCain plans to tax your health care benefits.

    Here are quotes by McCain's top economic advisor stating that he will have to raise taxes, but says the opposite to avoid "diluting the republican brand".

    I eagerly await your spin on this.
     
  6. Industrialsize

    Staff Member Moderator Gold Member

    Joined:
    Dec 23, 2006
    Messages:
    24,285
    Albums:
    2
    Likes Received:
    2,147
    Gender:
    Male
    Location:
    United States
    As Mclaughlin would say: WRONG!
     
  7. Wyldgusechaz

    Wyldgusechaz New Member

    Joined:
    Dec 14, 2006
    Messages:
    1,259
    Likes Received:
    0
    Gender:
    Male
    Last weeks Wall Street Journal links it under Obama tax platform 3.0. Just look it up. YOu can also find it on the ABC website, so I have helped you out.
     
  8. Wyldgusechaz

    Wyldgusechaz New Member

    Joined:
    Dec 14, 2006
    Messages:
    1,259
    Likes Received:
    0
    Gender:
    Male
    Like shooting fish in a barrel.

    Here are the tax tables you need. Notice a NEGATIVE TAX RATE for a family of four up to $40K. I win.

    http://www.taxpolicycenter.org/taxfacts/displayafact.cfm?Docid=226

    Glad to help the uninformed and the poorly educated in their struggles to understand the world around them.
     
    #8 Wyldgusechaz, Sep 13, 2008
    Last edited: Sep 13, 2008
  9. D_Davy_Downspout

    D_Davy_Downspout Account Disabled

    Joined:
    Dec 5, 2004
    Messages:
    1,144
    Likes Received:
    0
    Thanks for the help.

    What bout the rest of my post?
     
  10. vindicator

    vindicator Member

    Joined:
    Aug 27, 2007
    Messages:
    382
    Albums:
    4
    Likes Received:
    16
    Gender:
    Male
    Obama is going to lower taxes for 98% of people out there.

    And quite frankly as Warren Buffet said, the other 2% who are making ridiculous amounts of cash can pay a little bit more.

    The bottom line is, almost everyone would get a tax cut under Obama, and Democrats over the last 50 years have done WAY better at managing the economy, growing jobs and increasing incomes. Thats a fact.

    Republican "Reganomics"/trickle down theory has been proven time and time again not to work. Normal people always get screwed. Why would you vote against your financial interest by voting Republican?

    I find it hilarious that Republicans are able to get people to buy into there failed policies when it goes against the middle classes best interest. It's very sad.
     
  11. stratedude

    Gold Member

    Joined:
    Jun 28, 2007
    Messages:
    1,864
    Albums:
    1
    Likes Received:
    53
    Gender:
    Male
    Location:
    Ohio
    This statement has been proven wrong so many times that you need to do some research before you spew your "opinion".
     
  12. sargon20

    Gold Member

    Joined:
    Mar 14, 2006
    Messages:
    11,370
    Likes Received:
    2,102
    Gender:
    Male
    Location:
    Atlantis

    It is political death to discuss the debt. The public likes to live this fantasy that they can deprive the government of revenue yet insist government do it's job. So politicians have said sure! And asked the Bureau of Public Debt at the Treasury Dept to help help fulfill the fantasy. So taxes really haven't been cut just deferred.


    The current Republican Party is an alliance between the preachers and the plutocrats — between the religious right, which hates gays, abortion and the theory of evolution, and the economic right, which hates Social Security, Medicare and taxes on rich people. Surrounding this core is a large periphery of politicians and lobbyists who joined the movement not out of conviction, but to share in the spoils.
     
  13. D_Davy_Downspout

    D_Davy_Downspout Account Disabled

    Joined:
    Dec 5, 2004
    Messages:
    1,144
    Likes Received:
    0
    Wait so we're going to pay down the debt by not raising taxes? I do a LOT of political reading, and economic reading, and I have no idea what you're talking about.
     
  14. sargon20

    Gold Member

    Joined:
    Mar 14, 2006
    Messages:
    11,370
    Likes Received:
    2,102
    Gender:
    Male
    Location:
    Atlantis
    The dogma which so far has proven spectacularly wrong is we can 'grow the economy' out of a deficit. And the debt kept growing. Before that the fallacy was it doesn't matter because 'we owe the money to ourselves' so it didn't matter. Now of course we owe trillions to the world. I wonder what's next?
     
  15. Rikter8

    Gold Member

    Joined:
    Jun 30, 2005
    Messages:
    4,488
    Albums:
    3
    Likes Received:
    51
    Gender:
    Male
    Location:
    MI
    Well said.

    I think raising taxes right now on the middle class would be catastrophic.
    Neither candidate is any good.
    Between the two, Obama looks to be the candidate to choose from.
    He's got what sounds to be a pretty strong VP candidate pick.
     
  16. Notaguru2

    Gold Member

    Joined:
    May 20, 2008
    Messages:
    1,541
    Likes Received:
    0
    Gender:
    Male
    Location:
    Charleston, SC
    Its a fact, dumbass. You better wake up.
     
  17. b.c.

    Gold Member

    Joined:
    Nov 7, 2005
    Messages:
    9,264
    Albums:
    1
    Likes Received:
    1,669
    Gender:
    Male
    Location:
    at home
    That's because the Republicans are masters at what they're BEST at:

    TURNING THE TRUTH INTO A LIE, A LIE INTO THE TRUTH.

    A more accurate assessment of each candidate's position on taxes can be gotten here:

    Obama campaign seizes on Greenspan's tax comments - Yahoo! News

    Specifically these observations:

    "Greenspan told Bloomberg News he was "not in favor of financing tax cuts with borrowed money" when asked if the United States could afford big tax cuts such as those proposed by Republican John McCain."

    "McCain, locked in a close race against Obama ahead of the November 4 election, has pledged to keep in place the tax cuts pushed by President George W. Bush."

    "McCain, an Arizona senator, has also proposed a broad cut in corporate taxes and says he would help pay for it by ridding the budget of wasteful government spending."


    ("wasteful government spending" Republican code for social and environmental programs. Bet they'll find enuf bucks to continue to foot that Iraq fiasco though).


    "Obama has proposed rolling back the Bush tax cuts on the wealthiest Americans while offering middle-class families a tax cut."
     
    #17 b.c., Sep 13, 2008
    Last edited: Sep 13, 2008
  18. uniqueusername

    Joined:
    Dec 3, 2006
    Messages:
    221
    Likes Received:
    0
    Gender:
    Male
    Notice Industrialsize still hasn't responded to this.
     
  19. davec94

    davec94 Member

    Joined:
    Aug 1, 2007
    Messages:
    343
    Likes Received:
    5
    Gender:
    Male
    Location:
    London, UK
    Just an interesting note which might not be relevant: Those numbers are mainly due to the effects of the Taxpayer relief act of 1997 which was passed by Bill Clinton, and the phasing in of the EITC on which McCain voted nay.
     
  20. B_VinylBoy

    B_VinylBoy New Member

    Joined:
    Nov 30, 2007
    Messages:
    10,516
    Likes Received:
    7
    Gender:
    Male
    Location:
    Boston, MA / New York, NY
    There's no such thing of a lower or middle class person or family that works in the United States that doesn't pay tax. It's all a lie. Even a single person who make less than $8K pays 10% of everything they make above zero dollars. Don't believe me? Check out the rate schedules for Federal Income Tax for 2007.

    Here's another link for Income Tax of 2007 to explain more about tax rates.
    Income tax in the United States - Wikipedia, the free encyclopedia

    The majority of these rates are all determined before any single person gets their paychecks. Someone who make $40K would have a taxable income of at least $31K, with an income tax of about $4K.

    Taxation in the United States - Wikipedia, the free encyclopedia

    Wyldgusechaz, the proof is written in every single 1040 that you fill out. We ALL pay taxes.
     
    #20 B_VinylBoy, Sep 14, 2008
    Last edited: Sep 14, 2008
Draft saved Draft deleted