Obama's Meaning of Change

There was never any question in my mind.

 

So, I guess you think Obama is just as bad as the GOP, the party of HUGE MASSIVE deficits?

Regards,
BiR

 

To what era are you referring? Going back to Reagan, the GOP have been spending more money than they receive, in staggering proportions. The GOP has stood for MASSIVE deficits, especially when they are in complete control.

Regards,
BiR

 

Misdirection is a favorite tool of liberals.

Obama has already proposed enough programs that he has to increase tax revenue by massive amounts to fund even part of them.

And he's not finished.

If he is elected, and if he gets his way, every working American's take home pay will be decreased by as much as half.

 

Same old tactics of fear and lies. Do you have any facts & figures on how you calculated that, or did you just pull it out of your hat?

 

I am simply drilling down as to what "change" really means. By asking questions, I can understand your perspective/opinion/thought process.

 

<edited-LE>.

Somebody has to pay for this quagmire that the current Administration has given us.

Half?
Please provide the proof for such an assertion.

Amazing....

 

While I can understand why you would be fearful, you have proven many times that the <edited LE>.

 

Your personal attack has been reported to the mods. Keep on the issues, and get over your fascination with me. Just because you disagree with someone's politics doesn't mean truth doesn't matter to them. Your view of truth is your overrated assessment of your opinions as facts.

 

I am always fascinated by the willfull ignorance of some individuals.

There are literally hundreds of sources that indicate the future tax policies of an Obama presidency.

Here is just a few. I fully expect you to shut your eyes and go into full denial mode.


Obama Has Called For Higher Income Taxes, Social Security Taxes, Investment Taxes, And Corporate Taxes, As Well As "Massive New Domestic Spending." "Obama's transformation, if you go by his campaign so far, would mean higher income taxes, higher Social Security taxes, higher investment taxes, higher corporate taxes, massive new domestic spending, and a healthcare plan that perhaps could be the next step to a full-scale, single-payer system. Is that what most Americans want, someone who will fulfill a Democratic policy wish list?" (James Pethokoukis, "Barack Hussein Reagan? Ronald Wilson Obama?" U.S. News & World Report's "Capital Commerce" Blog, www.usnews.com, 2/12/08)

Obama Has Called For A Tax On Coal And Natural Gas. Obama: "What we ought to tax is dirty energy, like coal and, to a lesser extent, natural gas." ("Q&A With Sen. Barack Obama," San Antonio Express-News, 2/19/08)

Obama Has Called For A Windfall Profits Tax On Oil Companies. Obama: "I think it is appropriate for us to impose a windfall profits tax on our oil companies." (Sen. Barack Obama, Remarks At A Campaign Event, Charlotte, NC, 5/2/08)


CNBC's Maria Bartiromo Asked Obama: "Why Raise Taxes At All In An Economic Slowdown? Isn't That Going To Put A Further Strain On People?" (CNBC's "Closing Bell," 3/27/08)

CNBC's Larry Kudlow: "First off, you don't raise taxes during a recession. That's a no-brainer." (Larry Kudlow, Op-Ed, "Why Not Blame Obama?" National Review, 4/18/08)

U.S. News & World Report's James Pethokoukis Questions Obama's Rationale For Raising Capital Gains And Payroll Taxes When Obama Has Said The Economy Is In "Shambles." "If Obama is correct and the economy ... is 'in a shambles' and 'teetering not just on the edge of recession, but potentially worse,' why would he want to nearly double the capital-gains-tax rate, which is a tax on savings, investment, and, yes, housing? ... [W]hy would he want to raise payroll taxes by 6 to 12 percentage points on people making $100,000 or more? And again, Obama said this right after pledging not to raise taxes on people making under $200,000 to $250,000." (James Pethokoukis, "Obama-Clinton Debate In Philadelphia Spawns Weird Economics," U.S. News & W orld Report's "Capital Commerce" Blog, www.usnews.com, 4/17/08)


Obama: "I Think That We Can Have A Capital Gains Rate That Is Higher Than 15 Percent." (CNBC's "Closing Bell," 3/27/08)

In 2005, 47 Percent Of All Tax Returns Reporting Capital Gains Were From Households With Incomes Below $50,000. "Indeed, Mr. Obama should reconsider his belief that capital gains are mostly the province of the wealthy. Millions of middle-class Americans do in fact realize investment gains annually. In 2005, according to IRS data, 47% of all tax returns reporting capital gains were from households with incomes below $50,000, and 79% came from households with incomes below $100,000." (Editorial, "Obama Gains," The Wall Street Journal, 4/30/08)

According To A Recent Rasmussen Poll Of Likely Voters, 48 Percent Said Their Own Taxes Would Go Up If Capital Gains Taxes Were Raised. "In addition, if the capital gains tax was increased, 48% [of likely voters] say their own taxes would go up. Just 24% are confident their personal taxes would not be higher." ("65% Oppose Increase In Capital Gains Tax," www.rasmussenreports.com, 4/25/08)

Bloomberg's Amity Shlaes: Raising The Capital Gains Tax Rate Would Make The U.S. Economy "Less Competitive." "When the capital-gains rate is low, America feels like doing business. When the rate is high, the country turns its attention elsewhere. ... If a capital-gains rate increase alone, however, makes it into 2008 law, the U.S. economy will become less competitive compared with other economies at a crucial time. And if you don't mind me saying, that's a spread that can affect a lot of relationships." (Amity Shlaes, Op-Ed, "Wife-Swapping, Taxes And Spreads Are All Related," Bloomberg.com, 8/1/07)

Obama's Plan To Lift The Cap On The Payroll Tax Would Hurt American Workers And Small Businesses:
Obama: "The Best Idea I Think, Is To Raise The Cap On The Payroll Tax." (Sen. Barack Obama, Remarks At A Campaign Event, New Albany, IN, 4/23/08)

Gene Steuerle Of The Urban Institute Said Lifting The Cap Would Disproportionately Impact Small Businesses. "Gene Steuerle of the Urban Institute believes that an increase in the payroll tax cap would have a disproportionate impact on small businesses, because of the difficulty in differentiating between earnings from work and earnings from investment in their businesses." (Michael Tanner, "Keep The Cap," The Cato Institute, www.cato.org, 6/8/05)

Michael Tanner Of The Cato Institute: "Small Businesses Would Be Particularly Hard Hit. In Fact, About One-Third Of The Workers Affected By Raising The Cap Would Be Small Business Owners." (Michael Tanner, "Keep The Cap," The Cato Institute, www.cato.org, 6/8/05)

Eliminating The Earnings Cap Would Also Reduce The Take-Home Pay Of 10.3 Million Workers By An Average Of $5,650 And Raise Taxes On 4 Million Workers Over Age 50. "Earlier this year, the Heritage Foundation analyzed the effect of eliminating the earnings cap. The think tank found that in the first year alone, the take-home pay of 10.3 million workers would be reduced by an average $5,650. Taxes would be raised on 4 million workers over the age of 50." (Editorial, "Caps Off For Obama," Investor's Business Daily, 9/25/07)

"The Self-Employed Would Be Subject To A Double Whammy, Since They Pay Both The Employee And Employer Portion Of The Payroll Tax." (Editorial, "Caps Off For Obama," Investor's Business Daily, 9/25/07)

Obama's Income Tax Hike And Health Care Mandate Would Also Hurt America's Small Businesses:
"The Clear Implication Is That Raising The U.S. Personal Income Tax Rates Would Also Stunt Small Business Entrepreneurship. Yet This Is Precisely What All Of The Democratic Presidential Candidates ... Propose." (Editorial, "Corporate Tax War," The Wall Street Journal, 12/4/07)

At Least 55 Percent Of Small Businesses And Individual Entrepreneurs File Their Taxes As Individuals. "Small businesses and individual entrepreneurs are the driving force of rapid innovation and economic growth in this country. At least 55% of them file their taxes as individuals." (Editorial, "Caps Off For Obama," Investor's Business Daily, 9/25/07)

Obama's Health Care Proposal Includes "A New Tax On Small Businesses That Don't Provide Health Care To Their Employees." "[Obama] is calling for the tax cuts pushed by President Bush to expire in 2010 for upper-income earners -- an effective tax hike for more than 1 million taxpayers -- and is proposing a new tax on small businesses that don't provide health care to their employees." (Rick Klein, "No Lip Service: Dems Trade Higher Taxes For Social Programs," ABCNews.com, 5/29/07)

According To University Of Pennsylvania Professor Mark Pauly, "The Employer Mandate Is Really Using The Employer To Collect Taxes From The Workers..." (Sara Lubbes, "Perils And Pluses Of 'Play Or Pay' Insurance Mandates," CQ HealthBeat News, 9/18/07)

 

I dont get it????

 

:laugh: :laugh: :laugh:
This is your "proof?"
These are quotes from Maria Bartiromo and Larry Kudlow, a large collection of editorials, and two articles from the CATO Institute as well as the Heritage Foundation!

By the way, your "proof" looks very similar to this:

http://www.streetinsider.com/Press+...+Obama's+Ill-Timed+Tax+Increases/3665436.html

Notice the part you omitted:

In this particular case, your "hundreds" of sources are in reality only one.

:laugh:
[I still get those talking points!]

Amazing....

 

Yep...hence the picture that ajg didn't get! :laugh:

 

As noted before, the willfully ignorant will ignore the truth.

You have indeed shut your eyes, gone into full denial mode and made some pitiful efforts at comic relief to avoid the subject, proving once again that the truth doesn't matter to you.

"Clinton's flier says she would provide middle class tax relief, "address Social Security without putting burdens on hard working families or seniors" and "strengthen Social Security and the economy by returning to balanced budgets."
The mailer (Clinton's) says Obama has "a plan with a trillion dollar tax increase on America's hard working families. Lifting the cap on Social Security taxes to send more of Nevada families' hard-earned dollars to Washington."

 

:thumbs:

Hope all is well with you and yours, MP,
BiR (in downtown St. Louis)

 

Well after listening to his speech, I'm, going to vote for him. He promised to save the planet, end the war, end disease, end world wide poverty, and get good jobs for the unemployed.


:laugh:


Oh yeah, I'm kidding. His exact words were "shared prosperity". The only thing Obama wants to change is who's pocket my money will go into.......

 

And it's all gonna be free. :laugh:

You kidding is noted.