Election

[Elite_Prophet]

Hold on to your wallets boys

[crazydog]

Obamarama!

http://isobamapresident.com
http://ismccainpresident.com

[Rally Pig]

oy  will keep comments to self like a good little boy

[Hitman Smurf]

Change is coming...are you ready? 

[Elite_Prophet]

The question is...will Obama tax the change I have in my pockets too...I know he's been looking for a lot of change

[Video_Master]

I love how many people think that they are going to be taxed so much now.  Shit between my wife and I we make over $150K a year and we will actually get our taxes decreased because of Obama's plan.

[Hitman Smurf]

As long as I dont lose those fat checks I have been getting at tax time I really don't care...thats what worries me. If he's all about change I hope thats one thing he recognizes those of us who are in the poorhouse need.

[Elite_Prophet]

The problem is video he is taking away all the tax credits that we use to get, the ones hitman is talking about during tax return time

[Hitman Smurf]

The probably is video he is taking away all the tax credits that we use to get, the ones hitman is talking about during tax return time

Exactly..like my child tax credits and the "I'm married and poor" tax credit...soon we will see if he cares about the common man. I have both high hopes and fears.

[Elite_Prophet]

http://online.wsj.com/article/SB122385651698727257.html

Enjoy, now i'm not saying he won't do a good job, he may and I sincerely hope he does, but if you dont think taxes are going to go up, you are insane

[Hitman Smurf]

Well, at the moment I'm too poor for those tax changes to affect me...I'm just glad to see the credits remain intact, if not increase. Pay me bitch!

[Paladin_Godfather]

i'd much rather get a tax increase to stimulate a very very stagnant economy than see one more tax cut for a big business.. especially ones that outsource.. like seriously.. it may not be a proven fact but it is common sense that people that are making millions of dollars want to continue to do so at any cost.. why the hell would you want to support that...

[Luggage]

From what I can tell, people making under $250K really should be getting tax breaks per Obama's plan.  That said, I do think we have a lot of bills to pay for: healthcare, education, infrastructure, energy (incl. green initiatives), etc. so in the long-term I don't see how taxes for middle income families don't go up.

I for one do think rich people should get taxed more but I think the $250K cutoff is ridiculous because it doesn't take into account PPP (purchasing power), e.g. $250K in Idaho is very different from $250K in New York City.

As for corporations, I think we have one of the highest, if not the highest, corporate tax rates globally: instead of raising rates, we need to fix loopholes in the tax code which are the real issue.  Higher corp tax rates will make small businesses even less competitive leading to further consolidation and clout of big corporations. 

Finally, on offshorers getting taxed; I'd rather see them have to pay for mandatory worker re-education to equip them for jobs where Americans are more competitive than trust government to do this (funded by the tax hike).  The economic reality is that there are a whole bunch of jobs Americans should not be doing so I'd rather see the workforce get retrained to do the stuff we do have a competitive advantage on (services, R&D, etc.).

[Elite_Prophet]

i'd much rather get a tax increase to stimulate a very very stagnant economy than see one more tax cut for a big business.. especially ones that outsource.. like seriously.. it may not be a proven fact but it is common sense that people that are making millions of dollars want to continue to do so at any cost.. why the hell would you want to support that...

Cause thats socialism...move to Norway if you want that, there 50% of your paycheck goes to the government

[Hitman Smurf]

And thats the thing...I got $6500 last year back in taxes but every penny of it was spent, therby stimulating the economy. Even if you don't agree with a poor guy like me getting money handed to them from the government you can't deny the fact that it's good for the economy. My last few tax checks have gone toward the purchase of my HDTV, PS3, new computer system, furniture for the house and clothes etc. for the kids. Some of it necessary some of it for fun but all of it helping fuel the economy.

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