Obama’s tax plan at it’s core is about "Neighborliness"

September 26, 2008

"If I am sitting pretty, and you’ve got a waitress who is making minimum wage plus tips, and I can afford it and she can’t — what’s the big deal for me to say, ‘I’m going to pay a little bit more.’ That is neighborliness."

Is this guy for real, is his tax policy straight out of the communist manifesto?

"From each according to their ability, to each according to their needs"

What would life be like in an ObamaNation? There’s the government sitting there watching you – watching you work – watching you go the extra mile. The government takes note of the fact that you pursued an advanced education. Then the government observes you working 50, 60 maybe 80 hours a week trying to start a business. The government watches your income as it rises. Finally at some point the government says "Enough! You now have more than you need! There are people out there who did not pursue an education like you did. There are people out there who did not work as hard and as long as you did. There are people out there who did not make the careful choices and take the risks you did. Now you have to be a good neighbor. So we’re going to take some of that money you don’t need and ’spread the wealth’, so to speak."

Do you really want a government that can decide when you have enough .. and take the excess away? Then vote for Obama.
So then give her a bigger tip, but don’t take my money to pay for her food.

More like forced at gunpoint
remember folks: Obama thinks you are rich if you don’t collect welfare.
"Let’s put this nonsense about tax cuts for 95% of Americans to rest. The bottom 50% of income earners don’t even pay income taxes, so how is Our Savior going to give them a tax break? What Obama is really talking about is tax credits. Here’s how his plan will work. He’ll come up with some fancy new tax credit to reward his minions for some type of acceptable behavior – like voting Democrat."

" Let’s say the tax credit is $2000. But … these people don’t owe any taxes! So what good is a tax credit to them? Well, this is a new type of credit called a "refundable" tax credit. If you’re eligible for the $2000 credit, and you don’t owe any income taxes, you just get a check form the federal government for $2000. Just a very simple wealth redistribution plan. Remember, Obama and the Democrats think that wealth in the United States is not earned, it’s distributed. It’s the government’s job to re-work that distribution to make it more "fair."

"Let’s put this nonsense about tax cuts for 95% of Americans to rest. The bottom 50% of income earners don’t even pay income taxes, so how is Our Savior going to give them a tax break? What Obama is really talking about is tax credits. Here’s how his plan will work. He’ll come up with some fancy new tax credit to reward his minions for some type of acceptable behavior – like voting Democrat."

" Let’s say the tax credit is $2000. But … these people don’t owe any taxes! So what good is a tax credit to them? Well, this is a new type of credit called a "refundable" tax credit. If you’re eligible for the $2000 credit, and you don’t owe any income taxes, you just get a check form the federal government for $2000. Just a very simple wealth redistribution plan. Remember, Obama and the Democrats think that wealth in the United States is not earned, it’s distributed. It’s the government’s job to re-work that distribution to make it more "fair."

link?

fuck that shit, i worked my ass off in college, that cunt got knocked up and dropped out of high school

Yup and you under his plan get to foot the bill for her bad choices.

well he can go to hell!

he won’t win anyway

These are the people in your neighborhood. In your neighborhood. In your neigh-bor-hoooood.

I pointed that out yesterday and one of the people who wants to turn this in to an bamanation said "How is that all you got out of what he said?" THAT’S WHAT HE SAID, lol!

These are the people in your neighborhood. In your neighborhood. In your neigh-bor-hoooood.

I pointed that out yesterday and one of the people who wants to turn this in to an bamanation said "How is that all you got out of what he said?" THAT’S WHAT HE SAID, lol!

lol

It isn’t like his speeches are literary works that have to be paraphrased

lol

It isn’t like his speeches are literary works that have to be paraphrased

get him off that teleprompter and he’s a dolt.

sorry I don’t really give a shit if that waitress can afford her infiniti payment

Oh but you will if he gets into office. Put it this way if you’re taxed at 39% and say you work a 40 hour work week. 2 out of those 5 days you are working for the government, not for the betterment of YOUR life.

That’s not including all the other taxes you pay, figure those in and your lucky if out of 5 days that you are actually working 2 for yourself.
I’m really going to feel sorry for those unfortunate souls who are about to retire and actually had the fucking NERVE to put money away for their retirement and invested it in the market. They’re going to get fucked in the ass when Obama whips out his 12" king dong and shoves it in their rectum without lube in the form of capital gains tax.

but they’ll get social security, and thats all they need to get by.

Oh but you will if he gets into office. Put it this way if you’re taxed at 39% and say you work a 40 hour work week. 2 out of those 5 days you are working for the government, not for the betterment of YOUR life.

That’s not including all the other taxes you pay, figure those in and your lucky if out of 5 days that you are actually working 2 for yourself.

ya it’s awesome, remove any incentive for anyone to like, actually better themselves, because no matter how lazy you are you will get subsidized by the work of others

it’s fucking bullshit

cough cough offshoreaccounts cough cough

but i don’t need to support them

Its time for the ol billy baroo!

link to the youtube vid?

youtube is blocked at work so i can see it in OT… i has to use a proxy

link to the youtube vid?

youtube is blocked at work so i can see it in OT… i has to use a proxy

"If I am sitting pretty, and you’ve got a bank who is lost a shit load of money due to bad investments, and I can afford to print money and they can’t — what’s the big deal for me to say, ‘I’m going to print a billion more and let the tax payers pay me back.’ That is bailout."

Is this government for real, is this policy straight out of the socialist manifesto?

Hey stupid cocksuckers, he’s not proposing anything new- he just wants to undo what George W did, and put it back to Clinton numbers.

Or do you have too much cum in your eyes and think things are better now than they were 8 years ago?

And none of you make over 250k, why do you care?

very true- we should just cut everybody’s taxes across the board, and borrow borrow borrow. Nothing bad will ever come of that.

Hey stupid cocksuckers, he’s not proposing anything new- he just wants to undo what George W did, and put it back to Clinton numbers.

Or do you have too much cum in your eyes and think things are better now than they were 8 years ago?

And none of you make over 250k, why do you care?

I am WAY fucking better off now than I was 8 years ago. so bite me poolboy. Now get off the goddamn computer and get back out there and skim my pool.
obama = mister rogers

WONT U BE MY NEIGHBOR?

lol

great movie

I’ll take "the exception is not the rule" for $1,000 Alex.

Also, shouldn’t you actually read Marx before attributing someone’s ideals to him?

Do you silly fucks even know what communism is. or do you just like throwing around bad sounding words?

Hey stupid cocksuckers, he’s not proposing anything new- he just wants to undo what George W did, and put it back to Clinton numbers.

Or do you have too much cum in your eyes and think things are better now than they were 8 years ago?

And none of you make over 250k, why do you care?

Oh look. Reality AND truth all in the same post on OT. I never thought I’d see the day…

I really like this guy until his I VOTE FOR FREEDOM AND AMERICA AND APPLES PIES AND BASEBALL MCCAIN PALIN 08 LOLZ bullshit at the end, now I want to shoot him.

you must be a repoman

I’ll take "the exception is not the rule" for $1,000 Alex.

Also, shouldn’t you actually read Marx before attributing someone’s ideals to him?

Do you silly fucks even know what communism is. or do you just like throwing around bad sounding words?

Marxism bro

Or we could cut spending and not propose even more shitty social programs that only foster dependence on the system.

Hey stupid cocksuckers, he’s not proposing anything new- he just wants to undo what George W did, and put it back to Clinton numbers.

Or do you have too much cum in your eyes and think things are better now than they were 8 years ago?

And none of you make over 250k, why do you care?

My family makes well over that, so yes I do care.

If you are, its not a result of the economy, and there is no way to argue that- its a fact. The dollar is weaker, inflation is up, gas is up, and Americans as a whole are earning less. If you got a different job that pays more, its not some miracle of Bush policies- quit being a selfish fuck and look around you at all the people losing their jobs.

What were you doing 8 years ago?
I fail at life and can’t manage my own shit so I want you who actually made good decisions and who is successful to take care of me and deal with my mistakes!

agree- lets cut stupid welfare programs like free education.

the war- we need that. at least 100 more years.

Yeah Obama’s plan is gonna spend $150 billion on energy and create 5 million new jobs eh.

holy fuck, its the first one. this i can at least understand- "im rich, that’s why i’m voting mccain"

i’d be interested though to see what industry you are in, and with a stronger economy how much more you may earn, and whether it would be more or less after taxes.

Not quite, bro.

You are the same people that love to quote Adam Smith, but ignore the fact that Smith stated NUMEROUS times that the cost of government must be shouldered by those that can afford it.

Are they self-employed or employed by a company they don’t own?

since you said "your family" and not "me", i’ll assume you live off your rich family, and say the exact same thing.

holy fuck, its the first one. this i can at least understand- "im rich, that’s why i’m voting mccain"

i’d be interested though to see what industry you are in, and with a stronger economy how much more you may earn, and whether it would be more or less after taxes.

Home building

Pre-tax income is much more than that.

That’s irrelevant

They do not own the company.

Simple summaries of complex problems.

Nope.

hey look- something completely devoid of any facts or information about something positive about mccain- just another random smear.

how the fuck can people make fun of hope and change? what the fuck is wrong with that?

The lady next door is probably making minimum wage as a waitress because she was fucking stupid and didn’t have any interested in college and is just plain lazy.

Really, a shrinking pool of clientelle to purchase their services is irrelevant? Please tell me more.
Chris Rock said it best:

"The messed up thing about taxes is you don’t ‘pay’ taxes. The government TAKES them. You get your check and money is GONE! It was not an option! That ain’t a payment, that’s a JACK! I been TAX JACKED!…[The] worst part about it, we pay taxes for [stuff] we don’t even use….Why are black people paying Social Security? I won’t get the money till I’m 65….Meanwhile, the average black man dies at 54. Hypertension, high blood pressure, police….I used to work at McDonald’s making minimum wage….I would get $200 a week and they would take out $50 in taxes. That’s a lot of money if you only making $200….What do you get with that $50? All the free street light in the world. As far as I am concerned, give everybody a candle. Just give me back my $50."

So lets tax the ever living shit out of people who SUPPLY jobs. Also, lets tax the fuck out of people who invest in the market too, that should help!

Do you work at Fannie Mae or Freddie Mac?

Home building

Pre-tax income is much more than that.

Yeah, you certainly don’t want a strong economy where the masses have means to purchase your products. That’s a terrible idea.

Trickle down has served you so well, right?

39% is ever living shit?

It was more than DOUBLE that under Reagan.

hey look- something completely devoid of any facts or information about something positive about mccain- just another random smear.

how the fuck can people make fun of hope and change? what the fuck is wrong with that?

You want facts, do some research

Sure the government can create 5 million jobs, but would it really do any good?

You have absolutely no clue. I’m not saying its anyones job to pay for them, but if you honestly think that’s even remotely representative of the real world, you clearly have not even somewhat of a clue about the world you live in.

did it not work with clinton?

Home building

Pre-tax income is much more than that.

jesus fucking christ

You want facts, do some research

Sure the government can create 5 million jobs, but would it really do any good?

Did you seriously cite John Stossel as a soure for your beliefs?

How many hand outs can you give someone? There already are ample opportunities for people to better themselves in this country, yet most are to lazy to take advantage.

Read the article. common sense > you

Yes, there are some people that have no control over the situation that they are in right now, I know this.

But a ton of the people are just products of their own decisions.

yea, you don’t work at all. if you did, you’d understand the housing industry is not doing well- like thousands of people being laid off, and massive home builders going under.

In part to a do nothing Congress

No shit its not doing well

Just because a certain market isn’t doing well doesn’t mean that EVERY single person in that market loses their job.

Yes, there are some people that have no control over the situation that they are in right now, I know this.

But a ton of the people are just products of their own decisions.

The majority are circumstances that you can’t even possibly think of… shit you would never imagine. Again, I’m not saying anyone should give them hand outs, but this idea that they’re just lazy is a joke and nothing more than a way for people to jerkoff to themselves for being superior.

39% is ever living shit?

It was more than DOUBLE that under Reagan.

In 1981 it was reduced to 20%

I read the article. It’s massively flawed.

Now, I expect you’re going to selectively quote Adam Smith, saying "the Free Market triumphs over all."

Then you’re going to ignore his stances on taxation, contradicting yourself.

Then you’re going to ramble on about how GDP has grown each quarter despite the fact that a large proponent of the growth stems from governmental expenditures, further contradicting yourself.

Why don’t you just stick to racism? At least you have an understanding of that.

Oh, and yes, yes, my name is Matthew.

Going to the ghetto/state run housing to take pics of people not working and sitting on their porch…brb

the .com boom outpaced his efforts to fuck us.
You are all making big shit over 4-5% increase for the top tax brackets

4-5% is a ton of money when somebody is in that bracket.
obama is a communist…get over it. I have.. and I’m cool with it, because he isn’t going to win anyway. And if he does, i’m sure he wont last long if you know what i mean

muwahahahahahahahahaa

I read the article. It’s massively flawed.

Now, I expect you’re going to selectively quote Adam Smith, saying "the Free Market triumphs over all."

Then you’re going to ignore his stances on taxation, contradicting yourself.

Then you’re going to ramble on about how GDP has grown each quarter despite the fact that a large proponent of the growth stems from governmental expenditures, further contradicting yourself.

Why don’t you just stick to racism? At least you have an understanding of that.

Oh, and yes, yes, my name is Matthew.

Details of flaws please, links to your published articles on economic policy

gas was $1.38/gal back then too

just think of it as inflation

obama is a communist…get over it. I have.. and I’m cool with it, because he isn’t going to win anyway. And if he does, i’m sure he wont last long if you know what i mean

muwahahahahahahahahaa

The top tax brack was 20%?

Right… and the repercussions of september 11th outpaced Bush’s efforts to put us in a financial utopia…. right? There’s always some underlying reason for the good that happens to democrats happens under them, and the bad under republicans happens to them.

According to what he said on Bill O’Rielly’s show, it’ll be closer to 3%.

community college is dirt cheap and an AA > HS diploma, and it gives you a gateway to a real college once you can afford it.

Zing!

The entire assumption of the article is that these project would have been undertaken by the private sector if the government didn’t step in.

If that’s the case, why haven’t they been undertaken already?

Plus, the Baptiat quote was taken horribly out of context.

I’d post peer reviewed articles refuting Stossel, but no one gives a fuck about him because he’s a nobody.

You generally expect poor people to be captains of industry?

Boortz Crew.

If you did not post this I would of when I got home from work.

It’s still isn’t as high as when a republican was in office at more than 71%

And that’s a simple matter of them just being lazier than you.

I was erroring on the high side by factoring capital gains as well

Home Sales: The claim that Obama would impose a 28 percent tax on the profit from "all home sales" is false. Both Obama and McCain would continue to exempt the first $250,000 of gain from the sale of a primary residence ($500,000 for a married couple filing jointly) which results in zero tax on all but a very few home sales.

my guess would be it would be significantly lower than that." Furthermore, he has said only couples making $250,000 or more (or, his policy advisers tell us, singles making more than $200,000) would pay the higher capital gains rate. That means the large majority of persons who pay capital gains taxes would see no increase at all.

Tax on Dividends: Another false claim is that Obama proposes to raise the tax rate on dividends to 39.6 percent. Dividends currently are taxed at a top rate of 15 percent, and Obama would raise that to the same rate as he would tax capital gains, somewhere between 20 percent and 28 percent but likely "significantly" lower than 28 percent. This higher tax also would fall only on couples making $250,000 or more or singles making more than $200,000.

supposedly a comparison of tax rates before and after the Bush tax cuts, but it grossly overstates the effect of the Bush cuts. Furthermore, Obama proposes to retain the Bush cuts for every single income level shown in this bogus table.

Estate Tax. The claim that Obama proposes to "restore the inheritance tax" is also false, as are the claims that McCain would impose zero tax and that Bush "repealed" it. McCain and Obama both would retain a reduced version of the estate tax, as it is correctly called, though McCain would reduce it by more.

Fair enough.

"If I am sitting pretty, and you’ve got a waitress who is making minimum wage plus tips, and I can afford it and she can’t — what’s the big deal for me to say, ‘I’m going to pay a little bit more.’ That is neighborliness."

Is this guy for real, is his tax policy straight out of the communist manifesto?

"From each according to their ability, to each according to their needs"

What would life be like in an ObamaNation? There’s the government sitting there watching you – watching you work – watching you go the extra mile. The government takes note of the fact that you pursued an advanced education. Then the government observes you working 50, 60 maybe 80 hours a week trying to start a business. The government watches your income as it rises. Finally at some point the government says "Enough! You now have more than you need! There are people out there who did not pursue an education like you did. There are people out there who did not work as hard and as long as you did. There are people out there who did not make the careful choices and take the risks you did. Now you have to be a good neighbor. So we’re going to take some of that money you don’t need and ’spread the wealth’, so to speak."
Do you really want a government that can decide when you have enough .. and take the excess away? Then vote for Obama.

"If I am sitting pretty, and you’ve got a waitress who is making minimum wage plus tips, and I can afford it and she can’t — what’s the big deal for me to say, ‘I’m going to pay a little bit more.’ That is neighborliness."

Is this guy for real, is his tax policy straight out of the communist manifesto?

"From each according to their ability, to each according to their needs"

What would life be like in an ObamaNation? There’s the government sitting there watching you – watching you work – watching you go the extra mile. The government takes note of the fact that you pursued an advanced education. Then the government observes you working 50, 60 maybe 80 hours a week trying to start a business. The government watches your income as it rises. Finally at some point the government says "Enough! You now have more than you need! There are people out there who did not pursue an education like you did. There are people out there who did not work as hard and as long as you did. There are people out there who did not make the careful choices and take the risks you did. Now you have to be a good neighbor. So we’re going to take some of that money you don’t need and ’spread the wealth’, so to speak."
Do you really want a government that can decide when you have enough .. and take the excess away? Then vote for Obama.

Yeah, I do. What is it, 98% of the wealth is held by 1% of the population?

I would GLADLY do almost anything to 1% of the group to help the other 99%. And heres the kicker, if we tax them more, lets say its a few more percent…they pay a lot more, right? Hundreds of thousands more in some cases.

If you make 300,000 dollars a year, and pay lets say 125,000 a year in taxes…then it goes up to 140,000…if that adversely affects how you live, you should shoot yourself.

Now scale that up to HUGE rich people, talking MILLIONS per year. If it affects how THEY live, they shouldn’t be that wealthy.

Scale it down to the poor folk, and any percent of tax they don’t pay helps them a little.

Yeah, I do. What is it, 98% of the wealth is held by 1% of the population?

I would GLADLY do almost anything to 1% of the group to help the other 99%. And heres the kicker, if we tax them more, lets say its a few more percent…they pay a lot more, right? Hundreds of thousands more in some cases.

If you make 300,000 dollars a year, and pay lets say 125,000 a year in taxes…then it goes up to 140,000…if that adversely affects how you live, you should shoot yourself.

Now scale that up to HUGE rich people, talking MILLIONS per year. If it affects how THEY live, they shouldn’t be that wealthy.

Scale it down to the poor folk, and any percent of tax they don’t pay helps them a little.

Yeah, I do. What is it, 98% of the wealth is held by 1% of the population?

I would GLADLY do almost anything to 1% of the group to help the other 99%. And heres the kicker, if we tax them more, lets say its a few more percent…they pay a lot more, right? Hundreds of thousands more in some cases.

If you make 300,000 dollars a year, and pay lets say 125,000 a year in taxes…then it goes up to 140,000…if that adversely affects how you live, you should shoot yourself.

Now scale that up to HUGE rich people, talking MILLIONS per year. If it affects how THEY live, they shouldn’t be that wealthy.

Scale it down to the poor folk, and any percent of tax they don’t pay helps them a little.

Do you not understand that smart people have investments that are laid out over a period of time? Their planning has been based off of the current tax brackets. If you raise these brackets, you ruin their initial calculations. Which could, in effect, cause them to lose their investments.

Let me give you an example. Someone is buying a house for $200,000 and they have budgeted their paycheck to be able to pay that. If their paycheck is now 10-15% smaller, the bank doesn’t tell them, "It’s OK, we know that taxes have increased and you can’t make the payment." They tell them to fuck off and foreclose your house.

The only people that the Obama plans are going to help are the losers that have no investments and little income. Anyone successful in America (read: good people) is going to get the shaft.

Yeah, I do. What is it, 98% of the wealth is held by 1% of the population?

I would GLADLY do almost anything to 1% of the group to help the other 99%. And heres the kicker, if we tax them more, lets say its a few more percent…they pay a lot more, right? Hundreds of thousands more in some cases.

If you make 300,000 dollars a year, and pay lets say 125,000 a year in taxes…then it goes up to 140,000…if that adversely affects how you live, you should shoot yourself.

Now scale that up to HUGE rich people, talking MILLIONS per year. If it affects how THEY live, they shouldn’t be that wealthy.

Scale it down to the poor folk, and any percent of tax they don’t pay helps them a little.

Do you not understand that smart people have investments that are laid out over a period of time? Their planning has been based off of the current tax brackets. If you raise these brackets, you ruin their initial calculations. Which could, in effect, cause them to lose their investments.

Let me give you an example. Someone is buying a house for $200,000 and they have budgeted their paycheck to be able to pay that. If their paycheck is now 10-15% smaller, the bank doesn’t tell them, "It’s OK, we know that taxes have increased and you can’t make the payment." They tell them to fuck off and foreclose your house.

The only people that the Obama plans are going to help are the losers that have no investments and little income. Anyone successful in America (read: good people) is going to get the shaft.

Not sure what country you’re from, but we don’t pay 39% taxes in the USA. We don’t even have a flat tax in the USA, we use tax brackets.

Yeah, I do. What is it, 98% of the wealth is held by 1% of the population?

I would GLADLY do almost anything to 1% of the group to help the other 99%. And heres the kicker, if we tax them more, lets say its a few more percent…they pay a lot more, right? Hundreds of thousands more in some cases.

If you make 300,000 dollars a year, and pay lets say 125,000 a year in taxes…then it goes up to 140,000…if that adversely affects how you live, you should shoot yourself.

Now scale that up to HUGE rich people, talking MILLIONS per year. If it affects how THEY live, they shouldn’t be that wealthy.

Scale it down to the poor folk, and any percent of tax they don’t pay helps them a little.

please also keep in mind that that 1% is responsible for 95% of the jobs. If they get taxed more you can bet they are not just going to say "its cool, i didnt need those extra millions" they are going to cut jobs in their companies or pull money from their investments which will in turn cut jobs from whatever they were invested in.

Me having a stable secure well paying job is much more important to me than an extra $50 in my paycheck, and its damn sure more important to me than whatever that waitress is making.

Shh….you don’t want to go to gulag, commrade.

Yeah, I do. What is it, 98% of the wealth is held by 1% of the population?

I would GLADLY do almost anything to 1% of the group to help the other 99%. And heres the kicker, if we tax them more, lets say its a few more percent…they pay a lot more, right? Hundreds of thousands more in some cases.

If you make 300,000 dollars a year, and pay lets say 125,000 a year in taxes…then it goes up to 140,000…if that adversely affects how you live, you should shoot yourself.

Now scale that up to HUGE rich people, talking MILLIONS per year. If it affects how THEY live, they shouldn’t be that wealthy.

Scale it down to the poor folk, and any percent of tax they don’t pay helps them a little.

let me guess, you live paycheck to paycheck.

It’s a result of me planning and executing those plans.
I made a bundle overseas, paid off everything including the house, cars, etc.
Retired, put money into investments that are paying out the ass and pretty much just fuck around now letting those nice interest checks pay for the day to day, roll the rest back in and let it accumulate.

I can look around all I want and I see people who either plan and are doing well or I see retards who don’t plan and then blame everyone else for their failures.

There is a growing number of people who have no fucking clue about money management. They’ve been raised to expect everything instantly by fuckups that call themselves parents. Now we have idiots who buy everything on credit because they have to have the best to show off, then when they fail to make the payments, it gets repoed and their credit goes to shit. THEY are to blame, no one else.
I don’t NEED a BMW, I don’t NEED a 60" plasma, I don’t NEED a 3000 sqft. house. I can go out and buy every one of those with cash today if I wanted but I don’t NEED to, I am just fine with what I have now.

As for selfish, depends. If my neighbor busts his ass, lives within his means, responsible for his his own stuff and something unfortunate happens, then I will gladly VOLUNTEER to help him out and get back on his feet.
BUT….
If that neighbor is a moron who lived beyond his means, got loans for a house and car he couldn’t afford and lost them because he was an idiot when it came to managing money, then I’m not going to help at all. He should have been more intelligent. I don’t need government fucktards giving handouts from those who were smart enough to manage money to those that aren’t.

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