Obama's sliding tax scale

[x5GuyInLA]

haven't seen this posted... yes it's from a biased source, but numbers are numbers.

http://www.marketwatch.com/news/stor...76BB4A9FC6E%7D

say it ain't so Joe... http://www.youtube.com/watch?v=S8sWT_SSQwE

I know the interview was cut, but it's a bit hard to take what he says about the tax break going to "middle class people, people making under $150,000 a year" out of context. And then there's this from Bill Richardson... http://www.850koa.com/cc-common/main...rticle=4508532 What happened to $200,000 or the $250,000 Obama started with? Why would $120,000 need to be mentioned if Obama will be giving tax cuts to families making under $250,000? I guess these are just nuances.

[lakai]

Did you also know that Tax cuts are priority #4 for Obama, Right behind Universal Healthcare.

[Quicksilver]

Did you also know that promises
made on the campaign
trail are seldom ever kept?

Put the Koolaid glass down
Try not to believe every little
thing you read......................

[lakai]

Originally Posted by Quicksilver

Did you also know that promises
made on the campaign
trail are seldom ever kept?

Put the Koolaid glass down
Try not to believe every little
thing you read......................

Uhh this is straight from his mouth in his CNN interview with Wolf blitzer.

Took me 5mins to find a link http://www.cnn.com/2008/POLITICS/10/...ef=mpstoryview

It's good to hear you that you think Obama is just koolaid.

[Quicksilver]

Like i said;

Did you also know that promises
made on the campaign
trail are seldom ever kept?
And some cannot be delivered.

Remember i said try not to
believe every little thing you read?
This statement has nothing to do with
weather he said it or not.
It has to do with weather he can
make it happen.

My sense regarding this matter is
Mr. Obama is only one person and
cannot pass laws by himself.
And like other candidates he throws
a lot of information out there.

Knowing that (which we all do)
Why hang on every negative word
coming out of his mouth as if it is
already the law? It isn't....

McCain say's no new taxes. That's
a noble campaign promise. I has been
said before. Remember the promise?
"READ MY LIPS NO NEW TAXES"
So much for campaign promises!!!!!

[AzX5]

Originally Posted by Quicksilver

My sense regarding this matter is
Mr. Obama is only one person and
cannot pass laws by himself.
And like other candidates he throws
a lot of information out there.

Knowing that (which we all do)
Why hang on every negative word
coming out of his mouth as if it is
already the law? It isn't....

Except the Dems control the House & Senate with a possible Super-Majority. Repubs will not be able to block squat.

A famous quote:

To lodge all power in one party and keep it there is to insure bad government.
-- Mark Twain

[Quicksilver]

It will be interesting to see if control the House & Senate will be a factor
regarding taxes. But with regard to your quote, some might say after
6 years of one party having power... what's good for the Goose is good for the Gander.

Originally Posted by AzX5

Except the Dems control the House & Senate with a possible Super-Majority. Repubs will not be able to block squat.

A famous quote:

To lodge all power in one party and keep it there is to insure bad government.
-- Mark Twain

[Eric5273]

No big secret here about the proposed tax scale. He has a tax calculator right at his website:

http://taxcut.barackobama.com/


My understanding is that tax cuts will go to families making under $150k per year, those making between $150k and $250k per year will have no change in their taxes, and those making over $250k per year will have a 3.6% increase in only their income above $250k.

So if you earn $350k, you will pay 3.6% more on $100k of your income.

[lakai]

Originally Posted by Quicksilver

Like i said;

Did you also know that promises
made on the campaign
trail are seldom ever kept?
And some cannot be delivered.

Remember i said try not to
believe every little thing you read?
This statement has nothing to do with
weather he said it or not.
It has to do with weather he can
make it happen.

My sense regarding this matter is
Mr. Obama is only one person and
cannot pass laws by himself.
And like other candidates he throws
a lot of information out there.

Knowing that (which we all do)
Why hang on every negative word
coming out of his mouth as if it is
already the law? It isn't....

McCain say's no new taxes. That's
a noble campaign promise. I has been
said before. Remember the promise?
"READ MY LIPS NO NEW TAXES"
So much for campaign promises!!!!!

What makes you think think we don't already know this. Remind me about what this thread has anything to do with McCain ?

[x5GuyInLA]

Originally Posted by Eric5273

No big secret here about the proposed tax scale. He has a tax calculator right at his website:



http://taxcut.barackobama.com/





My understanding is that tax cuts will go to families making under $150k per year, those making between $150k and $250k per year will have no change in their taxes, and those making over $250k per year will have a 3.6% increase in only their income above $250k.



So if you earn $350k, you will pay 3.6% more on $100k of your income.

So was Obama just blowing smoke up our asses when he said he would cut taxes for those making under $200K? I can understand the argument that Obama wasn't saying that he was going to give a tax break to those making under $250K, but now he's reducing that number. Haven't checked out the website, but my understanding from his commercials, it's under $200K. http://www.youtube.com/watch?v=z-SavgJlBLA. Skip to about the 30 second mark and you'll see the commercial. It's a right wing video, but the quote is straight from Obama's mouth. Another one... http://www.youtube.com/watch?v=sUomLMA3vVQ. Skip to about the 26 second mark.

Originally Posted by Quicksilver

Did you also know that promises

made on the campaign

trail are seldom ever kept?



Put the Koolaid glass down

Try not to believe every little

thing you read......................

Originally Posted by Quicksilver

Like i said;



Did you also know that promises

made on the campaign

trail are seldom ever kept?

And some cannot be delivered.



Remember i said try not to

believe every little thing you read?

This statement has nothing to do with

weather he said it or not.

It has to do with weather he can

make it happen.



My sense regarding this matter is

Mr. Obama is only one person and

cannot pass laws by himself.

And like other candidates he throws

a lot of information out there.



Knowing that (which we all do)

Why hang on every negative word

coming out of his mouth as if it is

already the law? It isn't....



McCain say's no new taxes. That's

a noble campaign promise. I has been

said before. Remember the promise?

"READ MY LIPS NO NEW TAXES"

So much for campaign promises!!!!!

The economy and our money are probably the most important issues facing most people. These promises are what is giving Obama the support he has. Are you saying that we shouldn't believe anything either of these candidates say? The Read My Lips quote helped the first Bush get elected and we saw what happened to the first Bush after he made that false promise. Except Obama is promising to give us money back by cutting our taxes. If he is lying about this, then he's no better than Bush #1. Do we want to give him 4 years if he's lying just like Bush #1 did? As Lakai said, Obama will have a Dem Congress that might have a super majority, in which case, he should be able to get his plans passed since they'll be able to block any Rep filibuster.