My take on Obamas tax plan
Today as I was walking along I had a thought. If Obama is going to tax the top 5% what will happen to the lower 95% of us. I would say a majority of the 95% is employed by the top 5%. Taxing the employers is bad for the workers. This means wages stay low, employees are laid off and prices will have to be | Read More »
Just imagine if Obama is president and this happens again…
Just imagine if another air traffic controller strike happens if Obama is president. “According to journalist Haynes Johnson, the decisive manner in which Reagan handled the PATCO strike convinced many Americans that he was “the kind of leader the country longed for and thought it had lost: a strong president” — in sharp contrast to the widely-held view that Reagan’s predecessor, Jimmy Carter, had been | Read More »
Obama’s New Math
If Obama gets elected and gets his way, the Capital Gains Tax will increase from 15% to 28%. As some have tried to explain, corporations do not pay taxes. They merely process them. Consumers pay all “corporate” taxes, and any cap. gains increase would directly affect American consumers, i.e. everybody.
An argument against Obama’s tax plan
McCain was Right! An Argument Against Obama’s Tax Plan Under Obama’s plan to let the scheduled 2011 tax rate hikes occur, and his plan to raise the self-employment tax on those making more than $250,000, the S corporation rate would rise from 35 percent to 39.6 percent. The sole proprietor and partner rate would rise from 37.9 percent all the way up to a staggering | Read More »
Obama Ads Bogus: Big Surprise!
“Fast Eddie Rendell”, PA’s leading Democrat, is “warning” voters about John McCain’s economics plans, which include reducing Medicare and SS benefits. The Obama campaign is running ads touting the same McCain assault on these popular entitlements. Problem is, this allegations are false. FactCheck.Org asserts that there is nothing to these ads. By the by, FactCheck is hardly unbiased. They lean to the left, just enough | Read More »
New Tax Welfare
Peter Ferrara has a must read published article on NRO today titled “New Tax Welfare”. The McCain campaign to date has failed in comparing tax plans. The Obama campaign has gotten away with the claim “Tax Cuts for 95% of all American Workers”. If this is not corrected Obama will win … if it is corrected McCain will win. 1) 44% of all American workers | Read More »
Attack the Embedded taxes and inflation
ink soThe typical voter is going to be the “Middle Class”. The problem is that the “Middle Class” is pretty much ignoring the ramifications of the Obama plan to “Raise the Taxes” on the top 5% of wage earners in America. These people aren’t going to pay higher taxes without shoveling the burden off onto others. I mean honestly would you? Would you be willing | Read More »
Aside from everyones differences. The main thing we need to look at is JOBS. I would like to know exactly how cutting my middle class tax is going to create jobs? I do not want my taxes cut I want jobs for the US to create spending in my restaurant. Not one democrat has been able to tell me how cutting taxes for me will | Read More »
A Tax and “Spin” Policy
It is remarkable that the Dems, who are deeply buried at the root of the housing market/mortgage fiasco, take the high-ground on the economy and taxes. Since 1977, the Democrat administrations, Carter and Slick-Willy, have supported (forced) legislation that required financial institutions (that’s “bank” for you libs out there) to provide loans to borrowers who would not qualify under even the most lenient of standards. | Read More »
Is anyone else outraged that the MSM holds a plumber to a higher standard than the congressman writing the tax code? Joe the plumber did not pay all his taxes on $40,000 doing actual work and Charles Rangel did not pay taxes on $70,000 from a villa in the Dominican Republic.
Top Ten Reasons not to vote for Obama
Pro-Abortion. According to Michael Gershon of the Washington Post, Obama’s record on abortion is extreme. He opposed the ban on partial-birth abortion — a practice a fellow Democrat, the late Daniel Patrick Moynihan, once called “too close to infanticide.” Obama strongly criticized the Supreme Court decision upholding the partial-birth ban. In the Illinois state Senate, he opposed a bill similar to the Born-Alive Infants Protection | Read More »
Obama Lies About Tax Cuts If You Make Over $100,000
There is one item which I wish the McCain campaign would bring greater attention to: Obama’s plan to lift the income cap on social security contributions. This very fact turns Obama’s promise of a tax cut for everyone earning less than $250,000 into a complete lie. With the current income cap for social security cap at $100,000, removing the cap translates into a $9750 tax | Read More »
Obama and his figures don’t add up!
From the debate tonight: McCain then looked directly into the television camera and said: “Joe, I want to tell you, I’ll not only help you buy that business that you worked your whole life for and I’ll keep your taxes low and I’ll provide available and affordable health care for you and your employees. And I will not stand for a tax increase on small | Read More »
Open Letter to Steve Schmidt and Rick Davis: It is my feelings that you should address the latest thought being bounced around the airwaves tonight. The thought I am referring to is… “ Who would you want as president should the economic downturn spiral into civil disruption. Who would you want as president if we had to declare martial law?”No doubt that man should be | Read More »
McCain will tax health care benefits?
I live in Michigan and am bombarded with Obama commercials stating that McCain will tax health care benefits. I have read McCain’s website and can’t figure out what Obama is talking about. I see a $5,000 tax credit in McCain’s plan but I don’t see where taxing health care comes in. Can anybody help me out on this? Thanks! Crippy’s World