| In the current state of the economy, do you think Obama will give 95% Americans a tax cut |
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The Name
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and if he does not will you be mad?
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hehe
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yes l thank he will do part of what he said he would do an no l would not be mad as long as he puts the economy back together
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Dudley
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Better than giving me a thousand dollars & watching inflation make all of my money ''worth less''. That is a much more insidious form of taxation than simply taking it outright.
Government should cut spending, but politicians only eat their dessert.they leave the ''peas & carrots'' of government spending cuts on the table, & go straight for the ''ice cream also known as tax cuts.
They know government spending cuts means cutting government jobs, & no politician wants to be the poster child for cutting jobs.
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Couture
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That is impossible since between 43 to 45% of income earners who file an income tax return pay NO income taxes. Its hard to give a tax cut to someone who does not pay taxes.
If, God forbid, Obama is elected, we will be changing our country is name to the United Socialist States of America.
Since Obama is pastor, Jeremiah Wright, called out ''God *** America! God **** America!'' from the pulpit, perhaps God is doing just that with an Obama presidency.
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Coach
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bwaaaahaaahahahaaa
There is no money.
We r borrowing even though no one is lending right now (figure that one out).
We r in deep crap already, & now with the feds flooding play money into the world is economy, the value of our dollar is going to fall.
We USED to be 25% of world GDP, but the reality is we started losing our status as the worlds top producer. Now, because of the shift of percent of income (more to the top, our income shipped to China) & the governments never ending deficit, the GDP is skewed, badly. Especially if u figure in true inflation.
So, for the past decade, the American consumer/taxpayer continued to spend money we did not have on crap manufactured in China. And we did it by taking out huge piles of debt. Huge, huge piles.
Some of us lost our jobs years ago, & r still making less than half we made before the fake Y2K economy exploded. So, we continued to live the big life, we just put it on cheap credit.
All was great until 2005. In 2005 Congress threw a great big monkey wrench into the whole thing, they passed the 2005 Bankruptcy Reform Act & mandated the doubling of minimum monthly payments on unsecured debt.
That one law was gifting the banks the right to get more money out of bankruptcy, but took away their ability to keep sheep in debt & living on their credit. By doubling the payment, the bank stood to lose 50% of their interest. AND, because people without jobs were being forced into losing their homes & cars, it just started snowballing.
CONGRESS & Clinton & Bush & Greenspan & Bernake & Paulson and, and, and, did this to us. Sold our backbone (3-5+ million great paying jobs in exchange for part time, self employed & retail) to China, then the government sucked the China t*t too & took loans from them. They convinced us that debt was cheap & a good thing to have.
We sheep r not blameless in all this, we sit in front of advertising for the mega-corproations every day. We use our reduced wages to buy their crap that sends 50% or more of our money to foreign countries & we charge it.
We demanded lower prices & greater wages, we responded to the flood of credit offers & buried ourselves. We bought McMansions on McDonalds wages. We did that.
But Congress has been allowing the wholesale export of good paying jobs, then theh import of lower earning workers, while smiling at us & laughing all the way to the bank.
Keep in mind, only people with INCOME pay taxes. Many of us r losing our income, so pray tell, who is going to pay the taxes?
It will be us, just more hidden. We r in trouble, deep trouble.
http://VoteTheBumsOut08.com
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Kim
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Wont make a difference, its a dollar crises. protect your wealth.
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Lostyo
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Unfortunately, yes.
l think he plans on doing a massive wealth redistribution using refundable tax credits, taking from the well off and giving to those that are not as a government handout. After all, 30% of the people do not even pay taxes.
In other words ''from each according to there ability, to each according to their need''.
This is also called ''communism''.
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