Claims that Obama is a socialist.

[mattstick]

There is something so utterly amazing about this clip/interview,

I remember being a kid and trying to lie to my Mom about things and I knew that she knew I was lying, so I just fessed up - I suspect this FOX News Anchor chick never really experienced that...

Credit to Bill Burton for not taking off his mic and slowly walking away...

[gah]

what a bitch! is she f-ing delusional? how he didn't just reach through the screen and bitch slap her is beyond me!

[Hicks]

There is something so utterly amazing about this clip/interview,

I remember being a kid and trying to lie to my Mom about things and I knew that she knew I was lying, so I just fessed up - I suspect this FOX News Anchor chick never really experienced that...

Credit to Bill Burton for not taking off his mic and slowly walking away...

Wow.  How anyone can view that as "journalism" is beyond me. 

[Guyute]

Dear United States of America,

You are being retarded.

One of the essential jobs of the government is to redistribute wealth so that society can function.  Maybe you've heard of taxes?  I know you guys like to dump tea in the ocean and everything but it's time to get real - this is 2008.

Please stop being retarded.

Regards,

Mattstick

Agreed, just saying that the 32% they are taking is already enough.  I work 3 months out of the year for everyone else, don't want to make it 4.

That said, my guess is Obama will win, which will be good on a social level.  We will have a repeat of Clinton's first few month and an across the board tax increase except the very poor.  We will have continued economic issues next year, the mid-year elections will create a Republican Congress and in 8 years we will be hailing that combination for pulling us out of a recession and creating economic growth.

I think that's just a little bit exaggerated. I'm assuming you're doing that to make a point.

edit to add- the GOP did a great job with a deficit the 1st 6 yrs of the Bush administration (not that the Dems did that much better the last 2 yrs). Also every one of Clinton's operating budgets, including the 1st 2 years before Newt took over the House, was balanced.

No exaggeration, except my math is off, 30% so almost 4 months out of the year for others, an increase would push it closer to 4.5-5.  I think my estimates of the next 8 years are probably spot on.

Dude, if you make less than 250K you will not see a tax hike!

How many times must it be said, or is there nothing that can sway you from believing the Repub scare tactics?

I am saying that based on history and the current situation I don't believe it.  The next president will be forced to take 1 of 3 actions, cut spending, leave taxes alone, increase taxes.  There is no way with the funding needed to do that just to people above 250k, it will need to be much lower. Remember, Clinton ran on a platform of middle-class tax relief, February of 2001 he raised taxes due to the economic downturn.  
Essentially, neither the Obama nor the McCain tax plans can work and neither has a shot in Congress unless it goes way democratic during this election and even the it would be fiscal stupidity to implement.  Raising taxes on the very people who will have money to spend and you need to invest back into the markets is downright asinine given the current state of the economy.  Problem is Obama can't say that this close to the election.  It will be easier to ask forgiveness later on.

Don't worry though, Palin has "gone rogue" because she things she has a chance at being the first absolute wing-nut elected in 2012

[Hicks]

Dear United States of America,

You are being retarded.

One of the essential jobs of the government is to redistribute wealth so that society can function.  Maybe you've heard of taxes?  I know you guys like to dump tea in the ocean and everything but it's time to get real - this is 2008.

Please stop being retarded.

Regards,

Mattstick

Agreed, just saying that the 32% they are taking is already enough.  I work 3 months out of the year for everyone else, don't want to make it 4.

That said, my guess is Obama will win, which will be good on a social level.  We will have a repeat of Clinton's first few month and an across the board tax increase except the very poor.  We will have continued economic issues next year, the mid-year elections will create a Republican Congress and in 8 years we will be hailing that combination for pulling us out of a recession and creating economic growth.

I think that's just a little bit exaggerated. I'm assuming you're doing that to make a point.

edit to add- the GOP did a great job with a deficit the 1st 6 yrs of the Bush administration (not that the Dems did that much better the last 2 yrs). Also every one of Clinton's operating budgets, including the 1st 2 years before Newt took over the House, was balanced.

No exaggeration, except my math is off, 30% so almost 4 months out of the year for others, an increase would push it closer to 4.5-5.  I think my estimates of the next 8 years are probably spot on.

Dude, if you make less than 250K you will not see a tax hike!

How many times must it be said, or is there nothing that can sway you from believing the Repub scare tactics?

I am saying that based on history and the current situation I don't believe it.  The next president will be forced to take 1 of 3 actions, cut spending, leave taxes alone, increase taxes.  There is no way with the funding needed to do that just to people above 250k, it will need to be much lower. Remember, Clinton ran on a platform of middle-class tax relief, February of 2001 he raised taxes due to the economic downturn.   
Essentially, neither the Obama nor the McCain tax plans can work and neither has a shot in Congress unless it goes way democratic during this election and even the it would be fiscal stupidity to implement.  Raising taxes on the very people who will have money to spend and you need to invest back into the markets is downright asinine given the current state of the economy.  Problem is Obama can't say that this close to the election.  It will be easier to ask forgiveness later on.

Don't worry though, Palin has "gone rogue" because she things she has a chance at being the first absolute wing-nut elected in 2012

Clinton raised taxes in 2001?  Do tell.

Anyway I assume you are talking about the 1993 tax increase and the cut off for that was 140K, which adjusted for inflation is probably closer to 200K in 2008 dollars. 

Maybe a tax increase on the wealthy is "asinine" so what's your idea keep the tax cuts and watch the economy keep going down the tubes?

[gah]

Essentially, neither the Obama nor the McCain tax plans can work and neither has a shot in Congress unless it goes way democratic during this election and even the it would be fiscal stupidity to implement.  Raising taxes on the very people who will have money to spend and you need to invest back into the markets is downright asinine given the current state of the economy.  Problem is Obama can't say that this close to the election.  It will be easier to ask forgiveness later on.

Here's the problem with that. Those people ain't no chumps. They're not spending that money back here, if they're smart, they're pouring it into emerging markets, or with the weak economy, hoarding it into off shore tax havens. That trickle down effect is just not happening, isn't that what the last 8 years has been an experiment of? Putting that money into the hands of those folks that are going to put it directly back into the marketplace, locally, at your neighborhood grocery store, gas station, and small businesses is the answer, imo.

[Guyute]

yes, 1993.
Raised the tax brackets, created 2 more, increased the gas tax.

What I am saying is that there is 0 reason to increase taxes on anyone, ANYONE!!!!!!!!  
The government is way overspending.  Most government agencies are running so fat that all they need to do is be forced to run like a business.  The fact that it cost more to administer Welfare than the amount of money it distributes speaks to that.  A look at government agencies and the appropriate cuts would resolve this.  Most of the cuts would be in red tape and paper pushing, not personnel.  

[Hicks]

Essentially, neither the Obama nor the McCain tax plans can work and neither has a shot in Congress unless it goes way democratic during this election and even the it would be fiscal stupidity to implement.  Raising taxes on the very people who will have money to spend and you need to invest back into the markets is downright asinine given the current state of the economy.  Problem is Obama can't say that this close to the election.  It will be easier to ask forgiveness later on.

Here's the problem with that. Those people ain't no chumps. They're not spending that money back here, if they're smart, they're pouring it into emerging markets, or with the weak economy, hoarding it into off shore tax havens. That trickle down effect is just not happening, isn't that what the last 8 years has been an experiment of? Putting that money into the hands of those folks that are going to put it directly back into the marketplace, locally, at your neighborhood grocery store, gas station, and small businesses is the answer, imo.

Exactly.  Rich a-holes will find loop holes, that's what they pay their accountants for, why the hell should we make it easier for them to dodge taxes?

[Hicks]

What I am saying is that there is 0 reason to increase taxes on anyone, ANYONE!!!!!!!!  

As a matter of fact there are 10 trillion reasons.

[Guyute]

Essentially, neither the Obama nor the McCain tax plans can work and neither has a shot in Congress unless it goes way democratic during this election and even the it would be fiscal stupidity to implement.  Raising taxes on the very people who will have money to spend and you need to invest back into the markets is downright asinine given the current state of the economy.  Problem is Obama can't say that this close to the election.  It will be easier to ask forgiveness later on.

Here's the problem with that. Those people ain't no chumps. They're not spending that money back here, if they're smart, they're pouring it into emerging markets, or with the weak economy, hoarding it into off shore tax havens. That trickle down effect is just not happening, isn't that what the last 8 years has been an experiment of? Putting that money into the hands of those folks that are going to put it directly back into the marketplace, locally, at your neighborhood grocery store, gas station, and small businesses is the answer, imo.

Of course the enormous fallacy with that is the part about the local grocery and such.  Most of the those folks spend money at WalMart, Target and national chain grocers, not local stores, they shop where the deals are. Those companies take that money and invest in FX markets, Emerging Markets, things of that nature.  Most of the goods are made in foreign nations so all you have is more minimum wage jobs, which provide little to no economic injection with most of the money leaving the area and the United States, the same as the rich person investing.

People view it as trickle down, it is not.  The problem is I have yet to have 1 person explain the fairness to me of 1 person being required to pay 40% of their income in taxes while others pay 15% and 30% pay none.    The thing that is easy to do is say that those people are only 5% of the population so they are not a large enough voting block.  Why is it 250k right now?  Because at 125k you hit 12% of the population and the people who vote more than any other block except the elderly.  Well off and educated people vote more.    

CUT SPENDING.  That should be the only thing on the table.  Then take those cuts to pay off the deficit faster and move it to job building portions of the government.  Next year should start the largest infrastructure improvements since the highway system.

[Guyute]

What I am saying is that there is 0 reason to increase taxes on anyone, ANYONE!!!!!!!!  

As a matter of fact there are 10 trillion reasons.

flat tax, no loopholes, problem solved

[Hicks]

What I am saying is that there is 0 reason to increase taxes on anyone, ANYONE!!!!!!!!  

As a matter of fact there are 10 trillion reasons.

flat tax, no loopholes, problem solved

So now you're gonna tax people that currently pay no federal tax?  And you're in favor of "welfare reform" at the same time?  Yeah, problem "solved".   :roll:

[Guyute]

flat tax doesn't touch those on welfare or government subsidy.  At 15%, is there really a problem?  The biggest benefit is the elimination of loopholes so that people with money can't hide it.

[Hicks]

flat tax doesn't touch those on welfare or government subsidy.  At 15%, is there really a problem?  The biggest benefit is the elimination of loopholes so that people with money can't hide it.

What happens to the people that aren't paying taxes now and don't qualify for welfare but now they do need welfare because they just lost 15% of their income?

[gah]

flat tax doesn't touch those on welfare or government subsidy.  At 15%, is there really a problem?  The biggest benefit is the elimination of loopholes so that people with money can't hide it.

What happens to the people that aren't paying taxes now and don't qualify for welfare but now they do need welfare because they just lost 15% of their income?

which will likely be a LOT of people.