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Thread: Senator Obama's Four Tax Increases for People Earning Under $250k

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    FinFatale's Avatar
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    Senator Obama's Four Tax Increases for People Earning Under $250k

    I've worked as the state level media and strategy director on three Presidential election campaigns -- I know how "promises" work -- so I analyzed Senator Obama's promises by looking for loopholes.


    The first loophole was easy to find: Senator Obama doesn't "count" allowing the Bush tax cuts to lapse as a tax increase. Unless the cuts are re-enacted, rates will automatically return to the 2000 level. Senator Obama claims that letting a tax cut lapse -- allowing the rates to return to a higher levels -- is not actually a "tax increase." It's just the lapsing of a tax cut.


    See the difference?


    Neither do I.


    When those cuts lapse, my taxes are going up -- a lot -- but by parsing words, Senator Obama justifies his claim that he won't actively raise taxes on 95 percent of working Americans, even while he's passively allowing tax rates to go up for 100% of Americans who actually pay Federal income taxes.
    http://www.americanthinker.com/2008/...ax_increa.html
    "Qui non intelligit aut discat aut taceat"
    Who does not understand should either learn, or be silent.

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    FinaticPatch's Avatar
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    He is implementing his own tax cuts as soon as the Bush tax cuts lapse. This is inaccurate.
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    FinFrenzy's Avatar
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    Quote Originally Posted by FinaticPatch View Post
    He is implementing his own tax cuts as soon as the Bush tax cuts lapse. This is inaccurate.
    Right, Spread the Wealth. Got it!
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    FinaticPatch's Avatar
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    Quote Originally Posted by FinFrenzy View Post
    Right, Spread the Wealth. Got it!

    Yes to the middle class....as opposed to the rich like under the Bush /McCain plan. Again unless you have a flat tax rate you are a socialist.
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    FinFrenzy's Avatar
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    Quote Originally Posted by FinaticPatch View Post
    Yes to the middle class....as opposed to the rich like under the Bush /McCain plan. Again unless you have a flat tax rate you are a socialist.
    I thought the government received the money first to spend money on new programs. How silly. Let's tax the government provider's the economy turner's the job maker's the industry inovator's more during an economic crisis so they hopefully stay and can somehow provide more jobs as the government takes their money. Got it! Sure doesn't make sense but I understand your entitlement theory!
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    FinaticPatch's Avatar
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    Your right we should give them all tax break to ship their jobs overseas.
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    FinFrenzy's Avatar
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    Quote Originally Posted by FinaticPatch View Post
    Your right we should give them all tax break to ship their jobs overseas.
    Ummm...I don't think that's what you want to see. A shattered country, economically.

    But if the truth hurts, so be it.
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    Dolphins9954's Avatar
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    Quote Originally Posted by FinaticPatch View Post
    Yes to the middle class....as opposed to the rich like under the Bush /McCain plan. Again unless you have a flat tax rate you are a socialist.

    Spreading the wealth while putting us in record debt and inflation. How's that going to work? Even Robin Hood as some sense of fiscal responsibility.





    "Politics is the Art of Looking for Trouble, Finding it Everywhere, Diagnosing it Incorrectly, and Applying the Wrong Remedies"
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    FinaticPatch's Avatar
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    Quote Originally Posted by FinFrenzy View Post
    Ummm...I don't think that's what you want to see. A shattered country, economically.

    But if the truth hurts, so be it.

    Pssst that is what McCain has voted for.
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    FinaticPatch's Avatar
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    Quote Originally Posted by Dolphins9954 View Post
    Spreading the wealth while putting us in record debt and inflation. How's that going to work? Even Robin Hood as some sense of fiscal responsibility.
    Ask McCain he put us in more debt while spreading the wealth to the rich.
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