Obama Supporters please answer

Btw, while I object strongly for my tax money being wasted on Iraq and other such foolish programs, I don't mind paying taxes. I get police, fire, 'national' security, education, roads, generally clean environment, parks, and tons of other stuff that doesn't even come to mind as I type.
And, if I need to spend some of those dollars to help others who don't have things, well, that's what a good person does.
 
I don't think he's called himself middle class, at least not on this issue - he has said that on his tax plan, he will pay a little bit more (meaning he's considering him among the wealthier citizens). It appears that the tax rates would go back to where they were before Bush for people in the $200,000-$250,000 range - Hillary Clinton supported this as well.

This is exactly right, when he's talked of his being middle class, it was as of recently when they were still paying student loans living in a condo (still quite recently if you go back and look at the tax returns which ARE public)

But he does say that these increases affect him and his family as well since they are now above that threshold of 250K in yearly income, he no longer says that he is currently placed in the middle class, only that he knows the struggle of being there (since if you look at the returns you can see he was in fact there).

phragmipedium, thanks for posting those links.
 
How about we cut spending, before we start taxing..we're trying to fill a leaky pail..
 
Did he really say he is middle class? That's just ridiculous.

I have to retract my statement. I reviewed my video because I don't want to misquote the man. He said the he CAME from a middle class background. He also said up until his book started selling 5 years ago, he was still paying off college loans.
 

[Btw, while I object strongly for my tax money being wasted on Iraq and other such foolish programs, I don't mind paying taxes. I get police, fire, 'national' security, education, roads, generally clean environment, parks, and tons of other stuff that doesn't even come to mind as I type.
And, if I need to spend some of those dollars to help others who don't have things, well, that's what a good person does./QUOTE]

I agree profdsny. :thumbsup2

Perhaps we also need to remember these tax changes are all subject to congress voting on them, are they not?

polineedyan, good point about reducing spending. How about we start with the wars and go from there?
 
I would just like to see the nearly 40 percent of americans who pay nothing in taxes pay their fare share for once. I would also liked the earned income credit to be done away with. And I would also like for the top ten percent of wage earners in the US who pay 70 percent of the taxes in this country to get some tax cuts. 97,500 in a heck of alot of states in the US is really not cutting it. A tax increase right now on people would be disastorous. People will vote for anythiing as long as it is happening to someone else but them in promise of a new entitlement for them. No one gets that the more you make the more they take in this country so you really are never getting ahead unless you spent your time and effort to become a Dr. Lawyer or CEO or something. Most people don't have that kind of dedication any more.
 
Btw, while I object strongly for my tax money being wasted on Iraq and other such foolish programs, I don't mind paying taxes. I get police, fire, 'national' security, education, roads, generally clean environment, parks, and tons of other stuff that doesn't even come to mind as I type.
And, if I need to spend some of those dollars to help others who don't have things, well, that's what a good person does.


You're right. However, I give plenty in taxes that support all the things that you listed and I don't feel that I should have to give more.
Cut the fat as polineedyan said and then there should be enough money for all the other things.
You don't give people with a spending problem more money, you give them a budget and make them stick to it. Congress spends $$$ like a kid who finds a $10 bill and runs to the dollar store to blow it.
 
You're welcome for the links, chris1gill! :)

I, too, don't mind paying taxes for all of the things that I benefit from by living in this country. I'm pleased with Obama's fiscal plan, and also with his assertion that we need to pay as we go, and not increase our national debt that's been racked up so amazingly high in recent years. He believes that if you're going to spend money on something, then you need to stop spending money on something else (especially tax cuts for the wealthy, and the war in Iraq). I have no problems with this.
 
I would just like to see the nearly 40 percent of americans who pay nothing in taxes pay their fare share for once. I would also liked the earned income credit to be done away with. And I would also like for the top ten percent of wage earners in the US who pay 70 percent of the taxes in this country to get some tax cuts. 97,500 in a heck of alot of states in the US is really not cutting it. A tax increase right now on people would be disastorous. People will vote for anythiing as long as it is happening to someone else but them in promise of a new entitlement for them. No one gets that the more you make the more they take in this country so you really are never getting ahead unless you spent your time and effort to become a Dr. Lawyer or CEO or something. Most people don't have that kind of dedication any more.

:worship:
 
You're right. However, I give plenty in taxes that support all the things that you listed and I don't feel that I should have to give more.
Cut the fat as polineedyan said and then there should be enough money for all the other things.
You don't give people with a spending problem more money, you give them a budget and make them stick to it. Congress spends $$$ like a kid who finds a $10 bill and runs to the dollar store to blow it.

Yes, but, the first fat we should cut is the billions and billions that we have spent, and will continue to spend, on the debacle called a war in Iraq.
 
Yes, but, the first fat we should cut is the billions and billions that we have spent, and will continue to spend, on the debacle called a war in Iraq.

I agree wholeheartedly.
 
You're welcome for the links, chris1gill! :)

I, too, don't mind paying taxes for all of the things that I benefit from by living in this country. I'm pleased with Obama's fiscal plan, and also with his assertion that we need to pay as we go, and not increase our national debt that's been racked up so amazingly high in recent years. He believes that if you're going to spend money on something, then you need to stop spending money on something else (especially tax cuts for the wealthy, and the war in Iraq). I have no problems with this.

How exactly are we spending money on this? The fact is that your not getting as much money from these people as you would like (or think your entitled to) but your not spending any money on them like you are the war. You just not taking as much as you want to from them.

Kristine
 
BTW, while I object strongly for my tax money being wasted on Iraq and other such foolish programs, I don't mind paying taxes. I get police, fire, 'national' security, education, roads, generally clean environment, parks, and tons of other stuff that doesn't even come to mind as I type.
And, if I need to spend some of those dollars to help others who don't have things, well, that's what a good person does.

Don't we actually pay the most in local and state taxes for our police and fire, education and roads? I know my local taxes keep getting increased for these programs so why should we pay more in federal taxes for them too?

Cut the fat as Polynesian said and then there should be enough money for all the other things.
You don't give people with a spending problem more money, you give them a budget and make them stick to it. Congress spends $$$ like a kid who finds a $10 bill and runs to the dollar store to blow it.


Exactly. I mean if a friend who you know cannot handle money comes to you for a $1000 loan because they need to pay bills and then they blow it on a vacation, then comes back to you for another $1000 loan and blows that on a new TV, how many times are you going to loan this person $1000 before you figure out they are just going to waste it and stop giving them money? That is EXACTLY what our Govt. is doing and people are just fine with it! It boggles my mind!

Kristine
 
Btw, while I object strongly for my tax money being wasted on Iraq and other such foolish programs, I don't mind paying taxes. I get police, fire, 'national' security, education, roads, generally clean environment, parks, and tons of other stuff that doesn't even come to mind as I type.
And, if I need to spend some of those dollars to help others who don't have things, well, that's what a good person does.

And you figure the federal government knows best how to help you feel like a good person? Just goes to show you, there is an extreme philosophical diversity on these boards
 
I'm for cutting taxes as much as the next guy. I honestly don't think you'll find anyone who simply delights in sending the government their hard-earned dollars. However, if we ever want to see US currency begin to strengthen, we've got to start paying for some of the big time spending that we've already done on credit over the past 7 years. The most wealthy of us received huge wartime tax cuts over the last decade so unfortunately for them, they will be stuck with the roll back. Once we get a better handle on our economy, pay off some of our debts, including the war in Iraq, then we can intelligently begin to start edging tax rates for the wealthiest among us to their current positions.
 
Well, for those actually interested, there will be an economic tour starting today. Details will be given if you listen or read the transcripts.

From Today:

http://thepage.time.com/obama-campaign-memo-previewing-economic-tour/

http://www.barackobama.com/issues/economy/


The Obama Campaign Today – Monday, June 9

On tap for today:

Today in Raleigh, North Carolina, Obama launches his “Change that Works for You” Tour with a speech on the economy at the North Carolina State Fairgrounds. Doors open at 11:00 AM EDT. Watch for prepared remarks later on this morning.

After the speech, the campaign will host a conference call with our top economic advisors to discuss the tour and take questions.

In the kickoff speech, Obama will lay out the first part his economic vision for America—his plan to provide opportunity to working families who are struggling and restore fairness and balance to our economy. He’ll also lay out the very clear choice in this election. It’s a choice between John McCain’s plan to continue four more years of costly Bush economic policies that have widened inequality and left our children with a mountain of debt and Barack Obama’s plan to provide relief to struggling homeowners, affordable health care and college for all, and a tax code that rewards work instead of wealth.

States Obama will visit on the two-week tour that starts in North Carolina and will include Missouri, Pennsylvania, Ohio, Florida, and other additional stops that will be announced soon.

McCain on the economy: four more years of failed Bush policies

John McCain has said he didn’t understand the economy as well as he should and now, his top policy advisor Doug Holtz-Eakin says it’s President Bush who doesn’t understand the economy. It is this common misunderstanding that has apparently led McCain to vote with President Bush 95 percent of the time last year and led him to say we’ve seen “great progress” in our economy these past seven years.

McCain calls himself a fiscal conservative and on the campaign trail he’s passionate critic of government spending, and yet he has no problem spending hundreds of billions of dollars on tax breaks for big corporations and a permanent occupation of Iraq—policies that have left our children with more debt than any Administration in history.

McCain once said that he couldn’t vote for George Bush’s tax breaks for the wealthy in good conscience because they were too skewed to the wealthiest Americans. Later, he said it was irresponsible to cut taxes during a time of war because we simply couldn’t afford them. Well nothing’s changed about the war, but something’s certainly changed about John McCain, because these same Bush tax cuts are now his central economic policy.

Now McCain is calling for a new round of tax giveaways that are twice as expensive as the original Bush plan and nearly twice as regressive. His policy will spend almost $2 trillion on tax breaks for corporations, including $1.2 billion for Exxon alone, a company that just recorded the highest profits in history. Meanwhile, he hasn’t proposed closing one single corporate loophole.

John McCain takes great pride in saying that he’s a fiscal conservative, and he’s already signaled that he will try to define Barack Obama with the same old tax-and-spend label that his side has been throwing around for decades. But the fact is, if McCain’s policies were implemented, they would add $5.7 trillion to the national debt over the next decade. That isn’t fiscal conservatism, that’s what George Bush has done over the last eight years. Working families can’t afford that, and neither can future generations.

Barack Obama will offer real relief to working people

Instead of a tax code that rewards wealth and not work, he’ll provide an income tax cut of up to $1,000 for working families, and eliminate income taxes altogether for any retiree making less than $50,000 per year. Instead of more inaction on health care, he’ll finally bring this country together, stand up to the drug companies and insurance companies, and make health care affordable and accessible for every single American.

Instead of putting a secure retirement at risk, he’ll protect Social Security, protect pensions instead of CEO bonuses, and help all Americans save more so they can have a retirement that is dignified and secure.

Instead of gimmicks like a gas tax holiday, which rewards the oil companies while doing nothing to lower gas prices in the long-term, Obama will raise fuel efficiency standards, invest in alternative energy, and create millions of green jobs that will free this country from our addiction to oil.

Instead of a blank check to fight an endless war in Iraq, Obama will end this war, restore our military, finish the fight with al Qaeda, and invest some of those dollars to put millions of Americans to work rebuilding our roads and bridges, laying down new rail lines and new broadband, and making sure that all of America can compete and win in the 21st Century.
 
IOW, his plan is exactly as I said it was:

Obama's plan is to cut off the Bush tax cuts. This will raise everyone's taxes that pays taxes, and cause many at the lower income levels to pay taxes that don't currently. Also, as Reflection states, he proposes a dramatic increase in the social security wage base. Further, he plans to increase capital gains taxes to ordinary income levels. Then, for those individuals making $37,500 and couples making $75,000, he's offering the $500 and $1,000 cuts that Reflection metions above to offset the increases he's instituting in their brackets.

For Senior Citizens, though, the income levels increase to $50,000 and $100,000 because so many of them live off capital gains.

So, the very short answer is, yes it's true.
 
Well, for those actually interested, there will be an economic tour starting today. Details will be given if you listen or read the transcripts.

From Today:

http://thepage.time.com/obama-campaign-memo-previewing-economic-tour/

http://www.barackobama.com/issues/economy/


The Obama Campaign Today – Monday, June 9

On tap for today:

Today in Raleigh, North Carolina, Obama launches his “Change that Works for You” Tour with a speech on the economy at the North Carolina State Fairgrounds. Doors open at 11:00 AM EDT. Watch for prepared remarks later on this morning.

After the speech, the campaign will host a conference call with our top economic advisors to discuss the tour and take questions.

In the kickoff speech, Obama will lay out the first part his economic vision for America—his plan to provide opportunity to working families who are struggling and restore fairness and balance to our economy. He’ll also lay out the very clear choice in this election. It’s a choice between John McCain’s plan to continue four more years of costly Bush economic policies that have widened inequality and left our children with a mountain of debt and Barack Obama’s plan to provide relief to struggling homeowners, affordable health care and college for all, and a tax code that rewards work instead of wealth.

.


Yes, because clearly weathly people don't work hard.:rolleyes: I do not understand this train of thought at all. How exactly does he think that wealthy people got where they are today? By sitting on their butts?

Kristine
 


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