Didnt anyone watch Michelle Obama? Did anyone care?

[Coronita]

[quote=renterclint]Mark Holmes,
I have agreed with almost everything you’ve said on this thread.

Michelle O gave a solid speech & how cute are those kids! Political issues aside – my kids are their age, and I couldn’t help but feel like I identified w/ Obama even more after seeing them up there as a family.

Ex-SD
I loved your post – it was in true Piggington form laying out your facts as you did, and you even supplied reference links. Your points fall short however, and they are MISLEADING at best.

First, I had difficulty finding the sources of your facts when I clicked the links you provided.

DIVIDEND TAX – 39.6% tax is only for the wealthy located at the top tax bracket. Obama is basically back to treating divs like ordinary income. Middle class will not be impacted much by this.

ESTATE TAX – don’t forget the lifetime exclusion of $1mill to taxpayers as well as spousal step-up in basis. Even when reinstated the estate tax this will mostly only impact the very wealthy.

INCOME TAX – According to your CNN link, Obama only proposes rolling-back (increasing) tax rates on the top two brackets & the lower brackets would remain unchanged. This means you would have to make about $250k married or $150k single before you see an increase in your tax due to rate changes.

CAP GAINS – your most compelling point was regarding tax on gain of principal residence. I did see in your sources mentioning of cap gain increases for wealthy, but I couldn’t find anything about lifting the $500k exclusion. Can you specifically point out where you got this info?

PAYROLL TAX – I’m not sure you mentioned that one, and admittedly it’s a doozy for the wealthy making over $250k (MFJ), but if you’ve got a better way of saving Soc Sec, get Barack on the batphone quick.

Overall, Obama is increasing taxes on the wealthy and leaving middle-class alone. In fact, I did not even touch on the tax breaks he is offering the middle class.

Hear me now & believe me later…
OBAMA WILL DECREASE INCOME TAX FOR THE MIDDLE CLASS. (under $250k MFJ)

OBAMA WILL INCREASE INCOME TAX FOR THE WEALTHY.

[/quote]

Actually, Obama’s tax plan will impact the upper middle class, not just the wealthy, but that’s beside the point. The posting comparing tax plans was an email many received and has various inconsistencies, as pointed out pretty when at that snopes.com link I posted.

[JPJones]

Ex-SD,

From where I stand, a vote for McCain is a vote for more business as usual. As has been stated on these boards over and over again, our current course of a debt-driven society is unsustainable. The writing is on the wall. At some point, our taxes will have to go back up in order to restore balance, and from what I read of your “data”, McCain doesn’t seem prepared to do so when I don’t see either candidate as having much of a choice.

What gets me about all of the political topics on this blog are the number of regular piggs who advocate responsible saving and investment, yet turn around and support a candidate who represents a party which has a worse record for debt accumulation in recent decades than the democrats. It leads me to question the credibility and motives of anyone who campaigns for savings and accountability after having voted for GW twice.

edit: Pulled the bit quoting and commenting on your erroneous data.

[JPJones]

Ex-SD,

From where I stand, a vote for McCain is a vote for more business as usual. As has been stated on these boards over and over again, our current course of a debt-driven society is unsustainable. The writing is on the wall. At some point, our taxes will have to go back up in order to restore balance, and from what I read of your “data”, McCain doesn’t seem prepared to do so when I don’t see either candidate as having much of a choice.

What gets me about all of the political topics on this blog are the number of regular piggs who advocate responsible saving and investment, yet turn around and support a candidate who represents a party which has a worse record for debt accumulation in recent decades than the democrats. It leads me to question the credibility and motives of anyone who campaigns for savings and accountability after having voted for GW twice.

edit: Pulled the bit quoting and commenting on your erroneous data.

[JPJones]

Ex-SD,

From where I stand, a vote for McCain is a vote for more business as usual. As has been stated on these boards over and over again, our current course of a debt-driven society is unsustainable. The writing is on the wall. At some point, our taxes will have to go back up in order to restore balance, and from what I read of your “data”, McCain doesn’t seem prepared to do so when I don’t see either candidate as having much of a choice.

What gets me about all of the political topics on this blog are the number of regular piggs who advocate responsible saving and investment, yet turn around and support a candidate who represents a party which has a worse record for debt accumulation in recent decades than the democrats. It leads me to question the credibility and motives of anyone who campaigns for savings and accountability after having voted for GW twice.

edit: Pulled the bit quoting and commenting on your erroneous data.

[JPJones]

Ex-SD,

From where I stand, a vote for McCain is a vote for more business as usual. As has been stated on these boards over and over again, our current course of a debt-driven society is unsustainable. The writing is on the wall. At some point, our taxes will have to go back up in order to restore balance, and from what I read of your “data”, McCain doesn’t seem prepared to do so when I don’t see either candidate as having much of a choice.

What gets me about all of the political topics on this blog are the number of regular piggs who advocate responsible saving and investment, yet turn around and support a candidate who represents a party which has a worse record for debt accumulation in recent decades than the democrats. It leads me to question the credibility and motives of anyone who campaigns for savings and accountability after having voted for GW twice.

edit: Pulled the bit quoting and commenting on your erroneous data.

[JPJones]

Ex-SD,

From where I stand, a vote for McCain is a vote for more business as usual. As has been stated on these boards over and over again, our current course of a debt-driven society is unsustainable. The writing is on the wall. At some point, our taxes will have to go back up in order to restore balance, and from what I read of your “data”, McCain doesn’t seem prepared to do so when I don’t see either candidate as having much of a choice.

What gets me about all of the political topics on this blog are the number of regular piggs who advocate responsible saving and investment, yet turn around and support a candidate who represents a party which has a worse record for debt accumulation in recent decades than the democrats. It leads me to question the credibility and motives of anyone who campaigns for savings and accountability after having voted for GW twice.

edit: Pulled the bit quoting and commenting on your erroneous data.

[svelte]

SDR,

To tell you the truth I haven’t studied Obama’s spending plan that closely. It might make a nice weekend project for me this weekend coming up. 🙂

Maybe I’m making assumptions that I shouldn’t make.

[svelte]

SDR,

To tell you the truth I haven’t studied Obama’s spending plan that closely. It might make a nice weekend project for me this weekend coming up. 🙂

Maybe I’m making assumptions that I shouldn’t make.

[svelte]

SDR,

To tell you the truth I haven’t studied Obama’s spending plan that closely. It might make a nice weekend project for me this weekend coming up. 🙂

Maybe I’m making assumptions that I shouldn’t make.

[svelte]

SDR,

To tell you the truth I haven’t studied Obama’s spending plan that closely. It might make a nice weekend project for me this weekend coming up. 🙂

Maybe I’m making assumptions that I shouldn’t make.

[svelte]

SDR,

To tell you the truth I haven’t studied Obama’s spending plan that closely. It might make a nice weekend project for me this weekend coming up. 🙂

Maybe I’m making assumptions that I shouldn’t make.

[Coronita]

[quote=Shadowfax]Yes, Cindy McCain’s speech will be stupefying–I mean, stupendous. All about how hard it is to find good help to keep 5–or is it 7?–houses clean and in good repair, especially when at least 5 are boarded up while she and Johnny are on vacation. And how hard it is to keep one’s hair properly coifed in the DC humidity in between the penthouse and the limo…. Can’t wait.[/quote]

Oh, come now. The Democrats aren’t exactly painting the entire truth either. Last time i checked, Obama isn’t exactly in the poor house that he and his crew is trying to make him out to be. Far from it. It’s hypocritical at best.

I hate politics, it’s like a soap opera, except with a bunch of older, uglier people.

[Coronita]

[quote=Shadowfax]Yes, Cindy McCain’s speech will be stupefying–I mean, stupendous. All about how hard it is to find good help to keep 5–or is it 7?–houses clean and in good repair, especially when at least 5 are boarded up while she and Johnny are on vacation. And how hard it is to keep one’s hair properly coifed in the DC humidity in between the penthouse and the limo…. Can’t wait.[/quote]

Oh, come now. The Democrats aren’t exactly painting the entire truth either. Last time i checked, Obama isn’t exactly in the poor house that he and his crew is trying to make him out to be. Far from it. It’s hypocritical at best.

I hate politics, it’s like a soap opera, except with a bunch of older, uglier people.

[Coronita]

[quote=Shadowfax]Yes, Cindy McCain’s speech will be stupefying–I mean, stupendous. All about how hard it is to find good help to keep 5–or is it 7?–houses clean and in good repair, especially when at least 5 are boarded up while she and Johnny are on vacation. And how hard it is to keep one’s hair properly coifed in the DC humidity in between the penthouse and the limo…. Can’t wait.[/quote]

Oh, come now. The Democrats aren’t exactly painting the entire truth either. Last time i checked, Obama isn’t exactly in the poor house that he and his crew is trying to make him out to be. Far from it. It’s hypocritical at best.

I hate politics, it’s like a soap opera, except with a bunch of older, uglier people.

[Coronita]

[quote=Shadowfax]Yes, Cindy McCain’s speech will be stupefying–I mean, stupendous. All about how hard it is to find good help to keep 5–or is it 7?–houses clean and in good repair, especially when at least 5 are boarded up while she and Johnny are on vacation. And how hard it is to keep one’s hair properly coifed in the DC humidity in between the penthouse and the limo…. Can’t wait.[/quote]

Oh, come now. The Democrats aren’t exactly painting the entire truth either. Last time i checked, Obama isn’t exactly in the poor house that he and his crew is trying to make him out to be. Far from it. It’s hypocritical at best.

I hate politics, it’s like a soap opera, except with a bunch of older, uglier people.

[Author]

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