Obama wants to raise taxes for high-income families, and lower taxes for low-income families. I think this is a good idea because low-income families, like mine, for example, have a tough time getting basic necesseties, what's your opinion?
I agree. I think it is a logical thing to do. Considering that 1% of the population has the majority of our nations wealth, it would help the nation if everyday people had some more spending cash. The wealthy can afford to pay a little more, and should be happy to have been able to make it to the top. In many other countries this would not have been possible.
obama states on his website that he will cut taxes for certain low income households and seniors. and he will put many more taxes on wealthier people. and yes agent_86, he supports repealing the 2001 & 2003 tax cuts. he also plans to increase the capital gains tax.
oh man if Obama gets to be president my family will have lots and lots of tax and i mean a lot. my dad is a doctor ( not a nurse that gets paid almost nothing) and my mom is also a doctor (not a nurse that gets paid almost nothing)
Also, Obama wants to raise business taxes and sales taxes, just to name a few. We don't need that when we're going into a recession...
But without taxes we cannot come out of a recession. I'm not very intelligent in economics but the government's main money comes from the people right? I mean I know it gets it elsewhere as well but the citizens of America kinda need to take a little responsibility(I know we already do, just a ee bit more apparently) and help our poor government out ^~^
We will not be able to afford it with a trillion dollar deficeit. 'nuff said
From what I've come to know we've(the US) always had debt or very close to, so it's not that much different is it? Either that or, I believe, we have a war and that will get us out of it, isn't that what usually happens when a country enters recession/depression stage? 'nuff said??? Not enough >_>
Yeah...people who don't want taxes are unpatriotic as I see it. You might as well be saying "Sure, I'll let the other people in my country go without education, medicine, or a home."
Oh but I do agree with Obama's plan, I mean the 'wealthy' can complain about taxes but I think it's better that the 'oor' get tax cuts because face it; Poor people = no money Bringing poor people back up = MONEY!
I think might as well try and keep us from spending even more money. At least that's my reasoning, I'd rather pay higher, stable taxes to drop the taxes than pay taxes that vary depending on how many people went bankrupt and lost their business that year or whatever >.<
I don't agree with it, morally or logically, and I don't even think it will pass if proposed. Even Congress acknowledges that there is an income gap and the way to close it is NOT taxes. Even Robin Hood couldn't close the income gap to an acceptable level.
And really, Let's face it. Most low-income households ,or 'oor' people, are that way for a reason. Low credit score, poor work ethic, lazy, never got a job in the first place, money wasted on drugs/alcohol. All decisions that these people made earlier in life that have come back to haunt them. Now, I know that these cases don't apply to everyone, but even those they don't apply to are at fault for being low income. This is the land of opportunity, land of the free. If you wanna have a super high-class business and home and four cars, then you are going to have to work for it. You are gonna have to work your %^(*& off for it. It's about will power and the choices you make.
Second, raising taxes on high-income households will have the opposite effect on the economy. To compensate for the sudden income shift, less productive workers will be layed off and contracts will shorten and be not as appealing. Low-income families climbing out of the welfare state will be shot back down. First Hired, First Fired. Also true for high school and college students, like myself, who will be starting brand new careers.
At least if Obama and other democratic congressmen get elected tomorrow, we won't have to deal with it in the election after this because they'll mess it up so bad that everyone will be sprinting full speed back to McCain and Romney and Guiliani and all of those other prominent Republicans who will tell them, "I told you so!"
Most low-income households ,or 'oor' people, are that way for a reason. Low credit score, poor work ethic, lazy, never got a job in the first place, money wasted on drugs/alcohol.
Define 'oor', and find me a statistic. John McCain, your candidate, considers the cutoff for middle class at $5 million.
The sad thing, is that if you make just $32,000 a year, you're making more than 50% of other Americans.
I don't agree with everything John McCain says and would have rathered most of the other libertarian and republican candidates over him, but at one day before the election, he's our last shot at keeping a Socialist (Obama) out of office.
One of those things being the cutoff for middle class. No matter what statistic I may bring up, it would be refuted, denied with another statistic, or just disregarded. So, I would rather not spend the effort doing so. Defining classes will always be an opinionated thing so I would rather not debate it.
I agree it is sad that $32,000 is the 50th percentile for annual salaries, but the people who make up the bottom half of that statistic probably are that way for a reason.
