OT: Unbiased analysis of Obama and McCain tax plans

[Anonymous]

Since Obama is proposing rescinding Bush’s tax cuts for those making over $250k, I have to ask the question if these people were really doing that much worse under Clinton? In any case I think that the $250k line is kind of misleading because for your taxable income to be $250k you are more than likely making much more than that.

[an]

Very good point FLU. I was thinking along the same thing. I wonder if those of you who consider $250k household income to be rich also consider $125k individual income to be rich as well.

[an]

Very good point FLU. I was thinking along the same thing. I wonder if those of you who consider $250k household income to be rich also consider $125k individual income to be rich as well.

[an]

Very good point FLU. I was thinking along the same thing. I wonder if those of you who consider $250k household income to be rich also consider $125k individual income to be rich as well.

[an]

Very good point FLU. I was thinking along the same thing. I wonder if those of you who consider $250k household income to be rich also consider $125k individual income to be rich as well.

[an]

Very good point FLU. I was thinking along the same thing. I wonder if those of you who consider $250k household income to be rich also consider $125k individual income to be rich as well.

[afx114]

asianautica, I agree with your point about the Kennedy’s. They are just as aristocratic as the Bush family. I do not disagree with you there.

But where did I call 50% of Americans stupid? Instead of putting words into my mouth, how about providing some facts against my argument? MiddleSchoolDebate 101, man.

My point about Bush was that he has absolutely no merit to justify his position. If you disagree, please provide me with a list of his accomplishments that make him worthy of the presidency other than his name and his money.

[afx114]

asianautica, I agree with your point about the Kennedy’s. They are just as aristocratic as the Bush family. I do not disagree with you there.

But where did I call 50% of Americans stupid? Instead of putting words into my mouth, how about providing some facts against my argument? MiddleSchoolDebate 101, man.

My point about Bush was that he has absolutely no merit to justify his position. If you disagree, please provide me with a list of his accomplishments that make him worthy of the presidency other than his name and his money.

[afx114]

asianautica, I agree with your point about the Kennedy’s. They are just as aristocratic as the Bush family. I do not disagree with you there.

But where did I call 50% of Americans stupid? Instead of putting words into my mouth, how about providing some facts against my argument? MiddleSchoolDebate 101, man.

My point about Bush was that he has absolutely no merit to justify his position. If you disagree, please provide me with a list of his accomplishments that make him worthy of the presidency other than his name and his money.

[afx114]

asianautica, I agree with your point about the Kennedy’s. They are just as aristocratic as the Bush family. I do not disagree with you there.

But where did I call 50% of Americans stupid? Instead of putting words into my mouth, how about providing some facts against my argument? MiddleSchoolDebate 101, man.

My point about Bush was that he has absolutely no merit to justify his position. If you disagree, please provide me with a list of his accomplishments that make him worthy of the presidency other than his name and his money.

[afx114]

asianautica, I agree with your point about the Kennedy’s. They are just as aristocratic as the Bush family. I do not disagree with you there.

But where did I call 50% of Americans stupid? Instead of putting words into my mouth, how about providing some facts against my argument? MiddleSchoolDebate 101, man.

My point about Bush was that he has absolutely no merit to justify his position. If you disagree, please provide me with a list of his accomplishments that make him worthy of the presidency other than his name and his money.

[CA renter]

Let me clarify a bit WRT my definition of “rich”.

**In my opinion,** the rich are those whose income is derived primarily from capital gains. I do NOT have a problem with people who EARN (from actual work) $250K or more. I DO have a problem with “deal makers” who use leverage and connections to access large amounts of money to make deals/trades which DO NOT benefit most working people and society — quite the contrary.

I do believe in progressive taxation, and I believe that ALL income should be taxed at the same progressive rates. Capital should be taxed at least as much as labor. Otherwise, you end up with the top X% wealth controlling most markets and controlling most laws (power=wealth=power).

People are being distracted from what’s really going on, and using the better income-earners as an argument in favor of keeping tax rates low for the upper-class. I am not talking about WORKERS, just deal-makers (hedge fund managers, overpaid CEOs, big traders, etc.) and extreme wealth (hundreds of millions of dollars).

[CA renter]

Let me clarify a bit WRT my definition of “rich”.

**In my opinion,** the rich are those whose income is derived primarily from capital gains. I do NOT have a problem with people who EARN (from actual work) $250K or more. I DO have a problem with “deal makers” who use leverage and connections to access large amounts of money to make deals/trades which DO NOT benefit most working people and society — quite the contrary.

I do believe in progressive taxation, and I believe that ALL income should be taxed at the same progressive rates. Capital should be taxed at least as much as labor. Otherwise, you end up with the top X% wealth controlling most markets and controlling most laws (power=wealth=power).

People are being distracted from what’s really going on, and using the better income-earners as an argument in favor of keeping tax rates low for the upper-class. I am not talking about WORKERS, just deal-makers (hedge fund managers, overpaid CEOs, big traders, etc.) and extreme wealth (hundreds of millions of dollars).

[CA renter]

Let me clarify a bit WRT my definition of “rich”.

**In my opinion,** the rich are those whose income is derived primarily from capital gains. I do NOT have a problem with people who EARN (from actual work) $250K or more. I DO have a problem with “deal makers” who use leverage and connections to access large amounts of money to make deals/trades which DO NOT benefit most working people and society — quite the contrary.

I do believe in progressive taxation, and I believe that ALL income should be taxed at the same progressive rates. Capital should be taxed at least as much as labor. Otherwise, you end up with the top X% wealth controlling most markets and controlling most laws (power=wealth=power).

People are being distracted from what’s really going on, and using the better income-earners as an argument in favor of keeping tax rates low for the upper-class. I am not talking about WORKERS, just deal-makers (hedge fund managers, overpaid CEOs, big traders, etc.) and extreme wealth (hundreds of millions of dollars).

[CA renter]

Let me clarify a bit WRT my definition of “rich”.

**In my opinion,** the rich are those whose income is derived primarily from capital gains. I do NOT have a problem with people who EARN (from actual work) $250K or more. I DO have a problem with “deal makers” who use leverage and connections to access large amounts of money to make deals/trades which DO NOT benefit most working people and society — quite the contrary.

I do believe in progressive taxation, and I believe that ALL income should be taxed at the same progressive rates. Capital should be taxed at least as much as labor. Otherwise, you end up with the top X% wealth controlling most markets and controlling most laws (power=wealth=power).

People are being distracted from what’s really going on, and using the better income-earners as an argument in favor of keeping tax rates low for the upper-class. I am not talking about WORKERS, just deal-makers (hedge fund managers, overpaid CEOs, big traders, etc.) and extreme wealth (hundreds of millions of dollars).

[Author]

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