akuma587 said:
Have you actually looked at what taxes Obama plans to raise? Unless you are making over $200,000 a year, your taxes will not be raised. You are buying into the Republican rhetoric. Check the facts for yourself. |
ok, let's try looking a few Obama tax stats:
From Wikipedia (note that neither figure is actually cited so I don't know for sure if this is accurate or not)
Obama has proposed a tax plan which includes an $80 billion tax cut for poor and middle-class families and repeal the tax cuts for the richest one percent of taxpayers. His tax plan calls for billions in breaks by nixing income taxes for the 7 million senior citizens making less than $50,000 a year, establishing a universal credit for the 10 million homeowners who do not itemize their deductions -- most of whom make less than $50,000 annually -- and providing 150 million Americans with tax cuts of up to $1,000. Persons making at least $250,000 or more would pay payroll tax on their entire income, as opposed to the first $102,000[51][52] and would see their capital gains tax increase from 15% to 20-28%. [53] Obama spoke out in June 2006 against making recent, temporary estate tax cuts permanent, calling the cuts a "Paris Hilton" tax break for "billionaire heirs and heiresses."[54] Speaking in November 2006 to members of Wake Up Wal-Mart, a union-backed campaign group, Obama said: "You need to pay your workers enough that they can actually not only shop at Wal-Mart, but ultimately send their kids to college and save for retirement." His tax plan would bring in an additional $700 billion in taxes over the next 10 years.
Here's my reasoning: Obama wants to cut taxes by $80 billion dollars per year (at least, I assume "per year" is implied here) and at the same time, he will put $700 billion additional dollars into the coffers over the next ten years. Now, look at it again, he's cutting $80 billion in taxes per year, and only adding $70 billion per year. So, if he's elected, we start with a $10 billion increase in deficit spending. Next, we add in his huge national healthcare overhall, his subsidies for renewable energy, his big increases in NASA's budget, and a few other perks. The question is, where is he going to get the money to pay for all this stuff if he's starts out by increasing the budget deficit by $10 billion per year? Answer: My wallet.
Not trying to be a fanboy. Of course, it's hard when you own the best console eve... dang it








