Barack Obama

my2handsmy2hands Posts: 17,117
edited February 2008 in A Moving Train
- proposes a progressive tax system, shifting burden to the wealthier and cutting taxes for the middle class

- has clearly stated he will raise the Social Security tax cap from $96,500 (a fucking no brainer)

- has clearly stated that troops will be withdrawn from iraq in 2009

- has clearly stated that we will not have permanent military bases in iraq

- has clearly stated that we will not have a permanent military presence in iraq

- has clearly stated that he will remove the influence of the special interests and lobbyists in washington



feel free to add to the reasons why I should vote for him this Tuesday and in November

or feel free to add valid reason why i should not vot for him as well

lets try to have a real discussion about his guy and what he is about...
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  • my2hands wrote:
    - proposes a progressive tax system, shifting burden to the wealthier and cutting taxes for the middle class

    - has clearly stated he will raise the Social Security tax cap from $96,500 (a fucking no brainer)

    - has clearly stated that troops will be withdrawn from iraq in 2009

    - has clearly stated that we will not have permanent military bases in iraq

    - has clearly stated that we will not have a permanent military presence in iraq

    - has clearly stated that he will remove the influence of the special interests and lobbyists in washington



    feel free to add to the reasons why I should vote for him this Tuesday and in November

    or feel free to add valid reason why i should not vot for him as well

    lets try to have a real discussion about his guy and what he is about...

    I couldn't agree more. I know it seems like a bad reason to support someone, but the fact (and nowhere near the only reason) that his name is not Bush or Clinton has to have some merit. Not since 1980 has there been a neither a Bush or Clinton running for the office of President or Vice President. IF Hillary were to get two terms that would be nearly FORTY years with either a Bush or a Clinton with their name at the top of the ticket.

    That doesn't say much about either political party.
  • know1know1 Posts: 6,794
    my2hands wrote:
    - proposes a progressive tax system, shifting burden to the wealthier and cutting taxes for the middle class

    - has clearly stated he will raise the Social Security tax cap from $96,500 (a fucking no brainer)

    - has clearly stated that troops will be withdrawn from iraq in 2009

    - has clearly stated that we will not have permanent military bases in iraq

    - has clearly stated that we will not have a permanent military presence in iraq

    - has clearly stated that he will remove the influence of the special interests and lobbyists in washington



    feel free to add to the reasons why I should vote for him this Tuesday and in November

    or feel free to add valid reason why i should not vot for him as well

    lets try to have a real discussion about his guy and what he is about...

    Those are all reasons to note vote for him, IMO. Especially the ones related to increasing taxes. Thanks for making that clear to me.
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  • know1 wrote:
    Those are all reasons to note vote for him, IMO. Especially the ones related to increasing taxes. Thanks for making that clear to me.

    Not once did it say that he was raising taxes. He said he was shifting the burden of taxes from the Middle Class (who can't afford any increases in taxes) to the wealthier class (who sadly can't get the 4th pool installed in there mansions after this increase)
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  • know1 wrote:
    Those are all reasons to note vote for him, IMO. Especially the ones related to increasing taxes. Thanks for making that clear to me.

    If the SS cap gets raised for those individuals - do the benefits also increase when collected or is it just pay more so thus another socialist effort by the Dems?

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  • floyd1975floyd1975 Posts: 1,350
    Not once did it say that he was raising taxes. He said he was shifting the burden of taxes from the Middle Class (who can't afford any increases in taxes) to the wealthier class (who sadly can't get the 4th pool installed in there mansions after this increase)

    What income level does he consider to be the threshold for the "wealthier class?"
  • Dustin51Dustin51 Posts: 222
    His last name is not Clinton or Bush...
    Be excellent to each other
  • Dustin51Dustin51 Posts: 222
    He once solved a Rubik's cube in 37.5 seconds.
    Be excellent to each other
  • Pacomc79Pacomc79 Posts: 9,404
    Not really sure how he could shift the burden any further to the wealthier people other than a consumption tax.

    Top 1% income earners already pay half of thier income earnings. The super rich, don't really have that much income they are more concerned with capital gains.

    All this "shifting" idea is simply changing numbers around. It's still the same system. Nothing changes, minor changes are simply felt more by us in the lower middle class because 20 bucks means a lot more to me and you than it does to Tom Cruise.

    The AMT that was supposed to take care of the "evil rich" has already started killing the middle class because of inflation.

    http://money.cnn.com/2005/11/09/pf/taxes/amt_101/index.htm

    I like Obama, out of the lot, I like him enough to vote for him. I love that he wants to balance the budget and I know he's got to find the money to do it. Hopefully he's for axing NCLB too. (but that's beside the point)

    The class warfare thing just turns me off. I don't make heaps of money, but I work for people that have a lot more than me, the more we penalize the people with money the more they move out and move offshore then I'm out of a job. That's why we don't manufacture shit in the US anymore. We priced ourselves out of that market.

    There is only so much you can do before they decide fuck it and start looking around for a better environment.
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  • jlew24asujlew24asu Posts: 10,118
    my2hands wrote:
    - proposes a progressive tax system, shifting burden to the wealthier and cutting taxes for the middle class

    obviously you would sing a different tune if you were wealthy. but how is this fair? the wealthy already pay the highest rates. now you want to tax them more?
  • 1970RR1970RR Posts: 281
    He supports current drug laws that punish offenders, while he has broken those very same laws with no consequences.
  • floyd1975 wrote:
    What income level does he consider to be the threshold for the "wealthier class?"

    That's a good question. But its not my class so that's all that matters.

    Last year I had to pay $700 in taxes and I'm only a year out of school. It took me most of the year to pay it fully.

    I think it sucks that there are people wealthier then me who can write off everything and pay nothing in taxes.
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  • jlew24asu wrote:
    obviously you would sing a different tune if you were wealthy. but how is this fair? the wealthy already pay the highest rates. now you want to tax them more?

    Basically its fair because taking an extra $$$ from a school teacher or contractor effects them more then taking extra $$$ from a Lawyer, Doctor, Musician.

    If you ask Eddie who should be taxed more himself or the fans in the audience I am pretty sure he will say himself.
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  • my2handsmy2hands Posts: 17,117

    If you ask Eddie who should be taxed more himself or the fans in the audience I am pretty sure he will say himself.

    good way to put it
  • jlew24asujlew24asu Posts: 10,118
    Basically its fair because taking an extra $$$ from a school teacher or contractor effects them more then taking extra $$$ from a Lawyer, Doctor, Musician.

    If you ask Eddie who should be taxed more himself or the fans in the audience I am pretty sure he will say himself.

    but the "wealthy" are already taxed the most. now you want to tax them more becuase you think they can afford it. so no its not fair. it creates an environment that discourages people to strive for higher positions. why do it when you are only going to be forced to give your money back?
  • jlew24asu wrote:
    but the "wealthy" are already taxed the most. now you want to tax them more becuase you think they can afford it. so no its not fair. it creates an environment that discourages people to strive for higher positions. why do it when you are only going to be forced to give your money back?

    Do you really think an extra couple of % increase will make people not want to get wealthy???

    I would gladly give up more to taxes to make more money myself. GLADLY.

    And if some rich person wants to switch spots with me PM me please.
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  • my2handsmy2hands Posts: 17,117
    jlew24asu wrote:
    it creates an environment that discourages people to strive for higher positions. why do it when you are only going to be forced to give your money back?

    you are kidding right?

    maybe AROD will quit playing 3B for the Yankees then :rolleyes:
  • jlew24asujlew24asu Posts: 10,118
    my2hands wrote:
    you are kidding right?

    maybe AROD will quit playing 3B for the Yankees then :rolleyes:
    Do you really think an extra couple of % increase will make people not want to get wealthy???

    I would gladly give up more to taxes to make more money myself. GLADLY.

    And if some rich person wants to switch spots with me PM me please.


    I'm not talking about multi millionaires fellas. the highest tax rate starts at like 350k I believe? at like 40% of income?? and even lower then that, like 100k a year get taxed at 35%. and you wantt o increase that? no thanks. It took alot of hard work to get where im at and I dont want to continue to work harder and move up only to have to give it back.

    not every wealthy person makes as much as Arod and buffet.
  • my2handsmy2hands Posts: 17,117
    jlew.. maybe we should take up a collection to help AROD pay his taxes?


    :rolleyes:
  • jlew24asujlew24asu Posts: 10,118
    my2hands wrote:
    jlew.. maybe we should take up a collection to help AROD pay his taxes?


    :rolleyes:

    did you not see what I posted above this smart ass remark? I'm not talking about AROD and Warren Buffet. they will ALWAYS receive the highest rates.

    I'm talking about successful mothers and fathers of 4 who worked 20+ years to enter in the "higher" tax bracket of 100k-350k. they work a lifetime to become successful, are ALREADY the highest taxed, and now you are excited to tax them at even higher rates.

    very fair indeed.
  • jlew24asu wrote:
    did you not see what I posted above this smart ass remark? I'm not talking about AROD and Warren Buffet. they will ALWAYS receive the highest rates.

    I'm talking about successful mothers and fathers of 4 who worked 20+ years to enter in the "higher" tax bracket of 100k-350k. they work a lifetime to become successful, are ALREADY the highest taxed, and now you are excited to tax them at even higher rates.

    very fair indeed.

    Where's the evidence that they work harder then The Average Joe? Taxes need to come from somewhere but you should not raise it on the working class. I also agree that raising it on people making $100K a year is not necessarily fair but its DEFINITELY not fair to raise the rates on someone in my position.

    Now maybe if we better spent what we already taxed then we wouldn't have to raise the rates on anyone.

    I do believe that that the supreme wealthy are the people who complain most about paying taxes which is is an absolute joke.
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  • surferdudesurferdude Posts: 2,057
    Taxes are just tyranny of the masses where those who contribute the most are not appreciated and are villanized.

    We dream up so many non-essential social programs and government programs because we know it's not going to be us paying for it. Then we villanize those who do pay for it for piping up. Great system we have. Where's the Bill of Rights to protect the rich? Instead they just get stuck with the bill.
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    So brutalize me with music.”
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  • CommyCommy Posts: 4,984
    jlew24asu wrote:
    I'm not talking about multi millionaires fellas. the highest tax rate starts at like 350k I believe? at like 40% of income?? and even lower then that, like 100k a year get taxed at 35%. and you wantt o increase that? no thanks. It took alot of hard work to get where im at and I dont want to continue to work harder and move up only to have to give it back.

    not every wealthy person makes as much as Arod and buffet.
    There are many ways to 'shift the tax burden'.

    We could tax things we don't like as opposed to things we need. Pollution emissions or financial speculation, even stocks, for example could be taxed. When a working class individual buys food or medicine he pays a flat sales tax. Yet some stock broker who buys 100,000 shares in Haliburton pays ZERO sales tax. Is that fair?

    A tiny tax on the stock market could pay for universal health care, lifting the burden on the lower classes even more.
  • surferdudesurferdude Posts: 2,057
    .... but its DEFINITELY not fair to raise the rates on someone in my position.
    Why isn't it fair to raise your taxes? Please make a case for this. Why do you want government to provide services that you are not willing to pay for?
    “One good thing about music,
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    So brutalize me with music.”
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  • jlew24asujlew24asu Posts: 10,118
    Where's the evidence that they work harder then The Average Joe?

    law school and medical school. those are two example out of 100s I can give you....would you like me to go on?

    Taxes need to come from somewhere but you should not raise it on the working class. I also agree that raising it on people making $100K a year is not necessarily fair but its DEFINITELY not fair to raise the rates on someone in my position.
    I dont want to raise your taxes. raising taxes on anyone is wrong and IS NOT NECESSARY. taxes need to come from somewhere and they do. plenty of them. spending needs to be cut. that solves your problem
    Now maybe if we better spent what we already taxed then we wouldn't have to raise the rates on anyone.
    ding ding ding.
    I do believe that that the supreme wealthy are the people who complain most about paying taxes which is is an absolute joke.

    where is your evidence of this?
  • surferdudesurferdude Posts: 2,057
    Commy wrote:
    A tiny tax on the stock market could pay for universal health care, lifting the burden on the lower classes even more.
    Once universal healthcare is provided will the poor stop demanding more money from the rich for doing nothing? Where do the demands stop?
    “One good thing about music,
    when it hits you, you feel to pain.
    So brutalize me with music.”
    ~ Bob Marley
  • jlew24asujlew24asu Posts: 10,118
    Commy wrote:
    There are many ways to 'shift the tax burden'.

    We could tax things we don't like as opposed to things we need. Pollution emissions or financial speculation, even stocks, for example could be taxed. When a working class individual buys food or medicine he pays a flat sales tax. Yet some stock broker who buys 100,000 shares in Haliburton pays ZERO sales tax. Is that fair?

    A tiny tax on the stock market could pay for universal health care, lifting the burden on the lower classes even more.

    this sounds complicated but I like where you are going with it. the example you posed is not fair, I agree.
  • CommyCommy Posts: 4,984
    jlew24asu wrote:
    this sounds complicated but I like where you are going with it. the example you posed is not fair, I agree.
    Trillions change hand daily in the stock market...it could be .01% and still be effective.
  • surferdudesurferdude Posts: 2,057
    Commy wrote:
    Trillions change hand daily in the stock market...it could be .01% and still be effective.
    If you are taxing the transaction will you stop taxing capital gains when realized into income?
    “One good thing about music,
    when it hits you, you feel to pain.
    So brutalize me with music.”
    ~ Bob Marley
  • cincybearcatcincybearcat Posts: 16,497
    Where's the evidence that they work harder then The Average Joe? Taxes need to come from somewhere but you should not raise it on the working class. I also agree that raising it on people making $100K a year is not necessarily fair but its DEFINITELY not fair to raise the rates on someone in my position.

    Now maybe if we better spent what we already taxed then we wouldn't have to raise the rates on anyone.

    I do believe that that the supreme wealthy are the people who complain most about paying taxes which is is an absolute joke.

    Of course it is "DEFINITELY" unfair to raise your taxes...but so long as it's the other guy, it's alright, huh?
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  • cincybearcatcincybearcat Posts: 16,497
    Commy wrote:
    There are many ways to 'shift the tax burden'.

    We could tax things we don't like as opposed to things we need. Pollution emissions or financial speculation, even stocks, for example could be taxed. When a working class individual buys food or medicine he pays a flat sales tax. Yet some stock broker who buys 100,000 shares in Haliburton pays ZERO sales tax. Is that fair?

    A tiny tax on the stock market could pay for universal health care, lifting the burden on the lower classes even more.


    I love that phrase...the lower class "tax burden"....I just love it.

    Interesting idea about sales tax for stocks...you'd do away with all capital gains taxes then I'd assume.
    hippiemom = goodness
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