Obama plans to raise taxes both personal and corp?

[MMI Enterprises]

Election thread closed down due to fighting and off topic discussion.
In case any want to contunue the discussion here is some the last speak presented:

Quote:
Originally Posted by Double07
When taxes are increased on the "Big Guys" who actually pays? Take a minute and go look in the mirror. Hello! Increase tax on corporations and they just smile and tack it right on our butts. Kind of like the minimum wage being increased all the stupid time. It's not a living wage and can never be one unless you buckle to full blown socialism!! Same people on minimum wage will be screaming about their hamburger or box of chicken costing them 15 bucks. Who pays for that...Go look in the mirror again! It's that simple.


One post you say the Big Guy pays and then the next post you say the average American will pay....NEWS FLASH...we pay no matter what

Another NEWS FLASH who's paying for all the corp greed and poor management now, $700,000,000,000 bail out the other Billions of dollars already given away already to big corps. We are bailing them all out Joe Six Pack

When is enough, enough, we in the past years under Republican prez all the way back to Reagan up to Bush have given big corps, tax breaks, corp welfare, loop holes, less or no regulations and what has it got us? A lot of pain, bailouts, companies going overseas, less benefits, more corp greed, poor management, lay offs we give corp welfare they still go overseas, stagnant or lower wages, the list goes on and on. We have given them and given to them, they have taken & taken more and more and all we get is the shaft and now we get to bailout all kinds of corps. What more should we give them before we say ENOUGH is ENOUGH

Clamp down on corps, regulate them, tell them if they go overseas they get no tax breaks, better yet tell them if they go they can't sell anything in the USA at all. What you think they will all go, NO. Instead of making $10,000,000,000 of us they only make $9,000,000,000. Poor them I feel sooooo bad for them, I hope they don't go bankrupt, ah that wont happen, we'll just bail them out

I am not against corps, but it has gotten out of hand and this economy and bailout proves that. We are going to PAY & PAY we just got a big tax its called bailout & the deficit. I don't know why you worry so much about big corps when YOU are paying for their mistakes now after they have made huge profits and CEO's have made millions every year. How much of this bailout & deficit are you and your children going to pay 10's of thousands of dollars is your part. Let them pay their part finally


I'm not worried about taxing them a little more, they will find a loop hole and work it out and still charge us. Its all part of business and the game they play

Go Barak Hussien Obama... Lets be for the American people Joe Six Pack and have big corps pay for their own bailout

Jeff that smells of entitlement. All your saying is you want want want with no recognition whatsoever that we the American people own and are the corps. Fine, you can change the regs for corps to keep them more at home and so they don't fail as they been doing but why double tax yourself both personal and corp?

[Beth n Rod]

How Much Would You Pay in Taxes? | PARADE Magazine

No. Read this.
Beth

[Jeff]

Originally Posted by MMI Enterprises

Election thread closed down due to fighting and off topic discussion.
In case any want to contunue the discussion here is some the last speak presented:



Jeff that smells of entitlement. All your saying is you want want want with no recognition whatsoever that we the American people own and are the corps. Fine, you can change the regs for corps to keep them more at home and so they don't fail as they been doing but why double tax yourself both personal and corp?

I've changed my mind. The republicans got it right. Its the Dems that screw everything up and tax us all.

VOTE McCain he's the man. Vote Palin, instead of the Dems screwing us maybe Palin can blow all us Joe Six Packs! Go Palin in 2008


I'm turning over a new leaf. I am going straight republican line

I think all corps should be government controlled. They are all greedy and should not be allowed to keep any money. All of their money should be confiscated by the government and handed out to the people that need it.

[Beth n Rod]

Originally Posted by Jeff

I've changed my mind. The republicans got it right. Its the Dems that screw everything up and tax us all.

VOTE McCain he's the man. Vote Palin, instead of the Dems screwing us maybe Palin can blow all us Joe Six Packs! Go Palin in 2008


I'm turning over a new leaf. I am going straight republican line

Yeah...right...that's funny!
Beth

Originally Posted by Beth n Rod

How Much Would You Pay in Taxes? | PARADE Magazine

No. Read this.
Beth

Good read. I like Parade Magazine and information from the tax policy center. They are both known to be fair and balanced and only present the facts as they are, no twists or curves.

[FCPWLLC]

Originally Posted by Trey N Rog

I think all corps should be government controlled. They are all greedy and should not be allowed to keep any money. All of their money should be confiscated by the government and handed out to the people that need it.

Probably the most uneducated thing I have read this Month. Sit on the couch and DON'T PRODUCE while I go out and PRODUCE so that I can then turn and give it to you.

[Scott Stone]

Civics lesson 101. The president is not the person that sets the tax rates. Congress does.
Civic Lesson 102, The president does not define spending. Congress does.

In reality, the president only ratifies any measures that Congress proposes. If he wants to get legislation proposed in congress, he needs to find a sympathetic congressman. Of course, that usually comes with a cost.

I cannot think of a single president in recent history that has even accomplished one half of what he proposed to get elected. That means, the world is going to hell in a handbasket, and if we want to even try and have a semblance of success in accomplishing something, it needs to be a president that has experience in talking to both sides of the aisle in congress. Obama is very much a party line type of guy, though, in reality, his congressional experience is about as minimal as it could get, and still run for president as a congressman, or senator. McCain at least has a record of working both sides of the street.

Personally, I don't like either one, and do not even think that McCain was the best choice from the Arizona congressional delegation. But the guy I would have preferred run said no way.

BTW, I do not understand how in the world Obama, or McCain, can do all that they are proposing without raising taxes astronomically, on everyone. I also do not understand how in the world they can even think of raising any taxes with the economy in the current state.

[Jeff]

Originally Posted by Scott Stone

Civics lesson 101. The president is not the person that sets the tax rates. Congress does.
Civic Lesson 102, The president does not define spending. Congress does.

In reality, the president only ratifies any measures that Congress proposes. If he wants to get legislation proposed in congress, he needs to find a sympathetic congressman. Of course, that usually comes with a cost.

I cannot think of a single president in recent history that has even accomplished one half of what he proposed to get elected. That means, the world is going to hell in a handbasket, and if we want to even try and have a semblance of success in accomplishing something, it needs to be a president that has experience in talking to both sides of the aisle in congress. Obama is very much a party line type of guy, though, in reality, his congressional experience is about as minimal as it could get, and still run for president as a congressman, or senator. McCain at least has a record of working both sides of the street.

Personally, I don't like either one, and do not even think that McCain was the best choice from the Arizona congressional delegation. But the guy I would have preferred run said no way.

BTW, I do not understand how in the world Obama, or McCain, can do all that they are proposing without raising taxes astronomically, on everyone. I also do not understand how in the world they can even think of raising any taxes with the economy in the current state.

I'm pretty sue no president has ever done a 1/4 of what they say during campaigning.

I have always said pick one or two things and go for that. Work hard at it and get it done. No way dozens of things. Fix Education, health care, spending, taxes, IRS, SS, Economy, defense etc etc pick a few and make them work. They would be known for actually accomplishing something instead of proposing a lot and getting very little actually done

[Scott Stone]

I was being generous. I am that kind of person...

[Scott Stone]

one more thing, crticizing Obamas plan for tax reduction, which I have already pointed out he has zero authority to do. Currently 40% of income earners pay no federal taxes at all. That means that every one of those people get 100% or more of the withholding. You might ask, "How do they get more than their withholding back?" That is easy, it is taken from those in the 60% that pay taxes and is given to them. That means that those high income earners are not just paying taxes to pay for stupid things like federal highways, welfare, and security, but it also pays to supplement the incomes of those that cannot or will not, provide for themselves. I had the most eye opening experience recently. 3 got an email from someone tha was "desperate" for work. I was willing to give them a job. I was even willing to start them at a wage that was twice the amount that they had ever made previously. But by the time they set the parameters that they wanted for their full time job, it turned out that they could only work 6 hours a day, between 8:30 and 2:30 monday to friday. It just amazed me that someone that seemed so desperate was so picky about the hours they could work.

[Double07]

Originally Posted by MMI Enterprises

Election thread closed down due to fighting and off topic discussion.
In case any want to contunue the discussion here is some the last speak presented:

Good! Thread locked and McCain wins!!! Thread didn't turn into messiah gold obamanation.

[MMI Enterprises]

Scott people base their pick on what the candidates say they plan to do perhaps as much as they suspect they will be able to do. Wouldn't be very smart to vote for someone that pretty much promises to be be working on this or that when you would rather have them working on something else..so I really don't get your first point of your last post other than maybe your just trying to minimize folks fears of an even worse bias against those that pay tax.

Perhaps a good point on the 'more than 100%' that you bring up is that the portion above 100% would be from the earned income credit and is seperate figure in itself enough so that things still show as taxes being paid. Is a sliding scale with the mid point of the qualification range crediting more. Where the candidates are on EIC and how it woud effect savings/amounts paid on the info link Beth provided may be in question.

Have seen similar example of people wanting work but not being able to be flexible enough to suit. Such schedule usually reflects having to care for children.

[MMI Enterprises]

What we got now Obama calling for a 3 mon. hold on foreclosure procedures? how smart is that? Surely there is small biz involved in making money off all that goes with foreclosing and remarketing a house. There goes the free market/low market that relies on letting the chips fall where they may. Yup just let those that aren't paying stay that much longer in ripping off the banks. Look at it this way..nothing in way of some magical income gain is going to befall those folks that are facing their mortgage balloons or interest rate hikes.It's not like all those specialty loans have them just on the edge of being able to afford them. They way out their league. One problem with the call for a hold is that it doesn't recognize your standard everyday foreclosures. Everwhere has a certain avg percentage figure for foreclosures per month.

So also, what are all these programs Obama is planning to do away with?

[Russell Cissell]

545 PEOPLE

Politicians are the only people in the world who create problems and then campaign against them.

Have you ever wondered why, if both the Democrats and the Republicans are against deficits, WHY do we have deficits?

Have you ever wondered why, if all the politicians are against inflation and high taxes, WHY do we have inflation and high taxes?

You and I don't propose a federal budget. The president does.
You and I don't have the Constitutional authority to vote on appropriations. The House of Representatives does.

You and I don't write the tax code, Congress does.
You and I don't set fiscal policy, Congress does.

You and I don't control monetary policy, the Federal Reserve Bank does.

One hundred senators, 435 congressmen, one president, and nine Supreme Court justices 545 human beings out of the 300 million are directly, legally, morally, and individually responsible for the domestic problems that plague this country.

I excluded the members of the Federal Reserve Board because that problem was created by the Congress. In 1913, Congress delegated its Constitutional duty to provide a sound currency to a federally chartered, but private, central bank.

I excluded all the special interests and lobbyists for a sound reason. They have no legal authority. They have no ability to coerce a senator, a congressman, or a president to do one cotton-picking thing. I don't care if they offer a politician $1 million dollars in cash. The politician has the power to accept or reject it. No matter what the lobbyist promises, it is the legislator's responsibility to determine how he votes .

Those 545 human beings spend much of their energy convincing you that what they did is not their fault. They cooperate in this common con regardless of party.

What separates a politician from a normal human being is an excessive amount of gall. No normal human being would have the gall of a Speaker, who stood up and criticized the President for creating deficits. The president can only propose a budget. He cannot force the Congress to accept it.

The Constitution, which is the supreme law of the land, gives sole responsibility to the House of Representatives for originating and approving appropriations and taxes. Who is the speaker of the House? She is the leader of the majority party. She and fellow House members, not the president, can approve any budget they want. If the president vetoes it, they can pass it over his veto if they agree to.

It seems inconceivable to me that a nation of 300 million cannot replace 545 people who stand convicted -- by present facts -- of incompetence and irresponsibility. I can't think of a single domestic problem that is not traceable directly to those 545 people. When you fully grasp the plain truth that 545 people exercise the power of the federal government, then it must follow that what exists is what they want to exist.

If the tax code is unfair, it's because they want it unfair.
If the budget is in the red, it 's because they want it in the red.
If the Army & Marines are in , it's because they want them in .

If they do not receive social security but are on an elite retirement plan not available to the people, it's because they want it that way .

There are no insoluble government problems.
Do not let these 545 people shift the blame to bureaucrats, whom they hire and whose jobs they can abolish; to lobbyists, whose gifts and advice they can reject; to regulators, to whom they give the power to regulate and from whom they can take this power. Above all, do not let them con you into the belief that there exists disembodied mystical forces like 'the economy,' 'inflation,' or 'politics' that prevent them from doing what they take an oath to do.

Those 545 people, and they alone, are responsible.
They, and they alone, have the power.

They, and they alone, should be held accountable by the people who are their bosses
provided the voters have the gumption to manage their own employees.
We should vote all of them out of office and clean up their mess!


--taken from unknown source