Obama tax policy penalize family

[gandalf]

No, no. The wealthy of this generation are shirking, not paying their fair share. That’s absolutely true. Not advocating socialism or wealth redistribution.

Think. What constitutes income? Everybody knows get a good accountant and you’ll pay less than in taxes than the average sucker from the middle class.

[an]

Here’s the new break down of the two candidate’s tax proposals:
[img_assist|nid=8073|title=tax_impact|desc=|link=node|align=left|width=220|height=304]

If you make more than $112k, you’ll be benefited from McCain’s tax policy while if you make less than $112k, Obama’s plan will help you more. @ $66k-112k, the increase tax saving under Obama’s plan will only be ~$290. That’s pretty negligible in my view.

[an]

Here’s the new break down of the two candidate’s tax proposals:
[img_assist|nid=8073|title=tax_impact|desc=|link=node|align=left|width=220|height=304]

If you make more than $112k, you’ll be benefited from McCain’s tax policy while if you make less than $112k, Obama’s plan will help you more. @ $66k-112k, the increase tax saving under Obama’s plan will only be ~$290. That’s pretty negligible in my view.

[an]

Here’s the new break down of the two candidate’s tax proposals:
[img_assist|nid=8073|title=tax_impact|desc=|link=node|align=left|width=220|height=304]

If you make more than $112k, you’ll be benefited from McCain’s tax policy while if you make less than $112k, Obama’s plan will help you more. @ $66k-112k, the increase tax saving under Obama’s plan will only be ~$290. That’s pretty negligible in my view.

[an]

Here’s the new break down of the two candidate’s tax proposals:
[img_assist|nid=8073|title=tax_impact|desc=|link=node|align=left|width=220|height=304]

If you make more than $112k, you’ll be benefited from McCain’s tax policy while if you make less than $112k, Obama’s plan will help you more. @ $66k-112k, the increase tax saving under Obama’s plan will only be ~$290. That’s pretty negligible in my view.

[an]

Here’s the new break down of the two candidate’s tax proposals:
[img_assist|nid=8073|title=tax_impact|desc=|link=node|align=left|width=220|height=304]

If you make more than $112k, you’ll be benefited from McCain’s tax policy while if you make less than $112k, Obama’s plan will help you more. @ $66k-112k, the increase tax saving under Obama’s plan will only be ~$290. That’s pretty negligible in my view.

[jficquette]

[quote=gandalf]No, no. The wealthy of this generation are shirking, not paying their fair share. That’s absolutely true. Not advocating socialism or wealth redistribution.

Think. What constitutes income? Everybody knows get a good accountant and you’ll pay less than in taxes than the average sucker from the middle class.

[/quote]

The bottom 50% of wage earner pay only 3% of the federal income taxes. The middle class, lower class doesn’t pay any tax other then SS.

The top 1% of wage earners. I think that is above $200k or so pay 40% of the taxes.

That is the problem with our system now. Not enough people share in the cost of government. Since half the people don’t pay tax why should they care what the government spends? What happens is we have a system ran by the special interests and Government has become its own special interest.

[jficquette]

[quote=gandalf]No, no. The wealthy of this generation are shirking, not paying their fair share. That’s absolutely true. Not advocating socialism or wealth redistribution.

Think. What constitutes income? Everybody knows get a good accountant and you’ll pay less than in taxes than the average sucker from the middle class.

[/quote]

The bottom 50% of wage earner pay only 3% of the federal income taxes. The middle class, lower class doesn’t pay any tax other then SS.

The top 1% of wage earners. I think that is above $200k or so pay 40% of the taxes.

That is the problem with our system now. Not enough people share in the cost of government. Since half the people don’t pay tax why should they care what the government spends? What happens is we have a system ran by the special interests and Government has become its own special interest.

[jficquette]

[quote=gandalf]No, no. The wealthy of this generation are shirking, not paying their fair share. That’s absolutely true. Not advocating socialism or wealth redistribution.

Think. What constitutes income? Everybody knows get a good accountant and you’ll pay less than in taxes than the average sucker from the middle class.

[/quote]

The bottom 50% of wage earner pay only 3% of the federal income taxes. The middle class, lower class doesn’t pay any tax other then SS.

The top 1% of wage earners. I think that is above $200k or so pay 40% of the taxes.

That is the problem with our system now. Not enough people share in the cost of government. Since half the people don’t pay tax why should they care what the government spends? What happens is we have a system ran by the special interests and Government has become its own special interest.

[jficquette]

[quote=gandalf]No, no. The wealthy of this generation are shirking, not paying their fair share. That’s absolutely true. Not advocating socialism or wealth redistribution.

Think. What constitutes income? Everybody knows get a good accountant and you’ll pay less than in taxes than the average sucker from the middle class.

[/quote]

The bottom 50% of wage earner pay only 3% of the federal income taxes. The middle class, lower class doesn’t pay any tax other then SS.

The top 1% of wage earners. I think that is above $200k or so pay 40% of the taxes.

That is the problem with our system now. Not enough people share in the cost of government. Since half the people don’t pay tax why should they care what the government spends? What happens is we have a system ran by the special interests and Government has become its own special interest.

[jficquette]

[quote=gandalf]No, no. The wealthy of this generation are shirking, not paying their fair share. That’s absolutely true. Not advocating socialism or wealth redistribution.

Think. What constitutes income? Everybody knows get a good accountant and you’ll pay less than in taxes than the average sucker from the middle class.

[/quote]

The bottom 50% of wage earner pay only 3% of the federal income taxes. The middle class, lower class doesn’t pay any tax other then SS.

The top 1% of wage earners. I think that is above $200k or so pay 40% of the taxes.

That is the problem with our system now. Not enough people share in the cost of government. Since half the people don’t pay tax why should they care what the government spends? What happens is we have a system ran by the special interests and Government has become its own special interest.

[SDEngineer]

[quote]
The bottom 50% of wage earner pay only 3% of the federal income taxes. The middle class, lower class doesn’t pay any tax other then SS.

The top 1% of wage earners. I think that is above $200k or so pay 40% of the taxes.

That is the problem with our system now. Not enough people share in the cost of government. Since half the people don’t pay tax why should they care what the government spends? What happens is we have a system ran by the special interests and Government has become its own special interest.

[/quote]

The top 1% also have 33% of the total wealth in this country, and the top 10% around 75% of the total wealth. It looks a lot less unfair once you realize that.

The bottom 50% have something like 5% of the total wealth in the country. It’s hard to save when you’re living paycheck to paycheck.

[SDEngineer]

[quote]
The bottom 50% of wage earner pay only 3% of the federal income taxes. The middle class, lower class doesn’t pay any tax other then SS.

The top 1% of wage earners. I think that is above $200k or so pay 40% of the taxes.

That is the problem with our system now. Not enough people share in the cost of government. Since half the people don’t pay tax why should they care what the government spends? What happens is we have a system ran by the special interests and Government has become its own special interest.

[/quote]

The top 1% also have 33% of the total wealth in this country, and the top 10% around 75% of the total wealth. It looks a lot less unfair once you realize that.

The bottom 50% have something like 5% of the total wealth in the country. It’s hard to save when you’re living paycheck to paycheck.

[SDEngineer]

[quote]
The bottom 50% of wage earner pay only 3% of the federal income taxes. The middle class, lower class doesn’t pay any tax other then SS.

The top 1% of wage earners. I think that is above $200k or so pay 40% of the taxes.

That is the problem with our system now. Not enough people share in the cost of government. Since half the people don’t pay tax why should they care what the government spends? What happens is we have a system ran by the special interests and Government has become its own special interest.

[/quote]

The top 1% also have 33% of the total wealth in this country, and the top 10% around 75% of the total wealth. It looks a lot less unfair once you realize that.

The bottom 50% have something like 5% of the total wealth in the country. It’s hard to save when you’re living paycheck to paycheck.

[SDEngineer]

[quote]
The bottom 50% of wage earner pay only 3% of the federal income taxes. The middle class, lower class doesn’t pay any tax other then SS.

The top 1% of wage earners. I think that is above $200k or so pay 40% of the taxes.

That is the problem with our system now. Not enough people share in the cost of government. Since half the people don’t pay tax why should they care what the government spends? What happens is we have a system ran by the special interests and Government has become its own special interest.

[/quote]

The top 1% also have 33% of the total wealth in this country, and the top 10% around 75% of the total wealth. It looks a lot less unfair once you realize that.

The bottom 50% have something like 5% of the total wealth in the country. It’s hard to save when you’re living paycheck to paycheck.

[Author]

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