Ickalanda said:
First of all I don't listen to the radio period, I also rarely watch TV, I just get news articles from the CNN homepage and form the local newspaper.
Obama's tax policy inolves taxing everyone making $150,000 or more by 40% of their total income. This is the largest tax increase in United States history. In his speeches Obama has said he will give a tax cut to everyone else but in actuality he is leaving all taxes the same for the others, and a large number of Americans didn't pay income tax in the first place. Obama is instead going to be offer tax credits, which are basically another name for welfare in a sense, and those that don't pay income tax are still going to be paying this money.
So Obama's tax policy taxes the hell out of the "rich" even though the bottom end of what he classifies as rich are actually just normal middle class people, and then he redistributes the wealth to the lower levels. In marxist theory, socialism is the first step from a capitolist nation to a communist nation.
The United States was founded on the idea that with hard work everyone can work from nothing to something and they should have strong incentive to do this. America also up until FDR had had very little government intervention in the economy. With Obama's plan, if a family has two working parents, and with just one parent working they are just under the threshold Obama considers rich, but with both parents working they are over it, it will actually be more worth it for only one of them to be working and one of them might as well quit their job, their families net income might actually be higher while just under it. Obama's plan is also going to kill business owners because they are being heavily taxed and with the already failed Democratic Congress is currently raising the minimum wage which will hurt their ability to employ customers. The only way in Obama's policy to have job growth is by the government starting to issue jobs out to people, which sounds a lot like Soviet Europe/USSR to me.
Also, we've already seen two years of a failed democratic congress, their polling from the past few days is 75% disapproval and only 18% approval. And that's actually pretty high for congress these days! What makes you think two more years of a democratic controlled congress plus a democratic president will be any better? http://www.pollingreport.com/CongJob.htm
Everything I post on this website is based on my own opinion I have made myself, I don't watch TV or listen to the radio. I simply look up the facts online and in the newspaper and decide what I think from that. I am a very hard working person and the idea that I should be punished for working hard and my money be given to those who don't work as hard is simply just insulting in my mind.
Now I don't mind other people having different ideas from me, but I also find it insulting at this website that people can say crap about McCain or Republicans they rarely get called out on what they said but if I say something in support of McCain or against Obama I get called out in seconds and am immediately required to pull out some sort of 20 page list of references. I want every member at this website to know that I only post well thought out political statements, all of it is 100% my opinion, and I don't make up facts.
Thank you and good night.
~Ickalanda |
If you are going to dislike someone's policies at least get your facts straight. The current tax rate on individuals making $250,000 dollars or more is 36%. Under Obama's plan, it will be 39%. Which is the same percentage it was under Bill Clinton. It is 3% more than the current rate, or in monetary terms $7500. Instead of making $160,000 dollars a year after taxes they will make $152,500. They will pay an additional $625 a month in other words.
