[blahblahblah]

Was this quote suppose to answer the objection that many people dont want Gov intervention? Cause I and many others have a feeling the first part you bolded was little more than political cover for the second part that I bolded. If it wasn’t, what is the reason for saying both? Why not just say, ” We know that government can’t solve all our problems – and we don’t want it to, and I wont try to” ?

When we listen to politicians talk it is tempting to parse their words and try to figure out how they’re attempting to fool or trick us. After all, George W. Bush ran on a platform of humble foreign policy, no nation building, reduced government spending and interference in our lives. He was going to restore trust and accountability to the white house. After eight years of higher deficits, two nation-building wars, warrantless wiretaps, huge no-bid contracts for his crony buddies, and giant new bureaucracies like DHS, it’s clear that those of us who voted for him got exactly the opposite of what we were promised. At this point it would be easy to be cynical and suspicious of any new president; I guess I’m just willing to give this Obama guy the same chance I gave George W. Bush — let’s see if he’s the real deal or just another sellout phony. I am prepared to be disappointed but I hope I’m not.

[blahblahblah]

Was this quote suppose to answer the objection that many people dont want Gov intervention? Cause I and many others have a feeling the first part you bolded was little more than political cover for the second part that I bolded. If it wasn’t, what is the reason for saying both? Why not just say, ” We know that government can’t solve all our problems – and we don’t want it to, and I wont try to” ?

When we listen to politicians talk it is tempting to parse their words and try to figure out how they’re attempting to fool or trick us. After all, George W. Bush ran on a platform of humble foreign policy, no nation building, reduced government spending and interference in our lives. He was going to restore trust and accountability to the white house. After eight years of higher deficits, two nation-building wars, warrantless wiretaps, huge no-bid contracts for his crony buddies, and giant new bureaucracies like DHS, it’s clear that those of us who voted for him got exactly the opposite of what we were promised. At this point it would be easy to be cynical and suspicious of any new president; I guess I’m just willing to give this Obama guy the same chance I gave George W. Bush — let’s see if he’s the real deal or just another sellout phony. I am prepared to be disappointed but I hope I’m not.

[blahblahblah]

)Some people actually feel that the Government cant fix all problems. I know that is foreign thought, because Obama is all knowing, all powerful, and all compasionate while still cool under pressure; but some people actually feel that the answer to many of the ills we face is best found in the people and not Washington.

“Yes, our greatness as a nation has depended on individual initiative, on a belief in the free market. But it has also depended on our sense of mutual regard for each other, of mutual responsibility. The idea that everybody has a stake in the country, that we’re all in it together and everybody’s got a shot at opportunity. Americans know this. We know that government can’t solve all our problems – and we don’t want it to. But we also know that there are some things we can’t do on our own. We know that there are some things we do better together.”

— Barack Obama

[blahblahblah]

)Some people actually feel that the Government cant fix all problems. I know that is foreign thought, because Obama is all knowing, all powerful, and all compasionate while still cool under pressure; but some people actually feel that the answer to many of the ills we face is best found in the people and not Washington.

“Yes, our greatness as a nation has depended on individual initiative, on a belief in the free market. But it has also depended on our sense of mutual regard for each other, of mutual responsibility. The idea that everybody has a stake in the country, that we’re all in it together and everybody’s got a shot at opportunity. Americans know this. We know that government can’t solve all our problems – and we don’t want it to. But we also know that there are some things we can’t do on our own. We know that there are some things we do better together.”

— Barack Obama

[blahblahblah]

)Some people actually feel that the Government cant fix all problems. I know that is foreign thought, because Obama is all knowing, all powerful, and all compasionate while still cool under pressure; but some people actually feel that the answer to many of the ills we face is best found in the people and not Washington.

“Yes, our greatness as a nation has depended on individual initiative, on a belief in the free market. But it has also depended on our sense of mutual regard for each other, of mutual responsibility. The idea that everybody has a stake in the country, that we’re all in it together and everybody’s got a shot at opportunity. Americans know this. We know that government can’t solve all our problems – and we don’t want it to. But we also know that there are some things we can’t do on our own. We know that there are some things we do better together.”

— Barack Obama

[blahblahblah]

)Some people actually feel that the Government cant fix all problems. I know that is foreign thought, because Obama is all knowing, all powerful, and all compasionate while still cool under pressure; but some people actually feel that the answer to many of the ills we face is best found in the people and not Washington.

“Yes, our greatness as a nation has depended on individual initiative, on a belief in the free market. But it has also depended on our sense of mutual regard for each other, of mutual responsibility. The idea that everybody has a stake in the country, that we’re all in it together and everybody’s got a shot at opportunity. Americans know this. We know that government can’t solve all our problems – and we don’t want it to. But we also know that there are some things we can’t do on our own. We know that there are some things we do better together.”

— Barack Obama

[blahblahblah]

)Some people actually feel that the Government cant fix all problems. I know that is foreign thought, because Obama is all knowing, all powerful, and all compasionate while still cool under pressure; but some people actually feel that the answer to many of the ills we face is best found in the people and not Washington.

“Yes, our greatness as a nation has depended on individual initiative, on a belief in the free market. But it has also depended on our sense of mutual regard for each other, of mutual responsibility. The idea that everybody has a stake in the country, that we’re all in it together and everybody’s got a shot at opportunity. Americans know this. We know that government can’t solve all our problems – and we don’t want it to. But we also know that there are some things we can’t do on our own. We know that there are some things we do better together.”

— Barack Obama

[blahblahblah]

We’re talking about capital gain tax, not ordinary income tax. So, the difference is huge. If both keep their words and you’ve made $250k in capital gain next year, w/ McCain as president, you’ll pay ~$19k-$25k in taxes. With Obama, you’ll pay $50k-$70k in taxes.

Okay I understand now. So everyone who makes $250K or more in capital gains a year should vote for McCain. Everyone else should vote for Obama.

My grandfather died in 1960. He was a farmer and always told his kids, “If you are the CEO of a big corporation then always vote Republican. Otherwise, vote Democratic.”

That said, I don’t think Obama can do a lot but at least it’s a change of direction. Let’s give another team a chance to mess everything up for a while.

[blahblahblah]

We’re talking about capital gain tax, not ordinary income tax. So, the difference is huge. If both keep their words and you’ve made $250k in capital gain next year, w/ McCain as president, you’ll pay ~$19k-$25k in taxes. With Obama, you’ll pay $50k-$70k in taxes.

Okay I understand now. So everyone who makes $250K or more in capital gains a year should vote for McCain. Everyone else should vote for Obama.

My grandfather died in 1960. He was a farmer and always told his kids, “If you are the CEO of a big corporation then always vote Republican. Otherwise, vote Democratic.”

That said, I don’t think Obama can do a lot but at least it’s a change of direction. Let’s give another team a chance to mess everything up for a while.

[blahblahblah]

We’re talking about capital gain tax, not ordinary income tax. So, the difference is huge. If both keep their words and you’ve made $250k in capital gain next year, w/ McCain as president, you’ll pay ~$19k-$25k in taxes. With Obama, you’ll pay $50k-$70k in taxes.

Okay I understand now. So everyone who makes $250K or more in capital gains a year should vote for McCain. Everyone else should vote for Obama.

My grandfather died in 1960. He was a farmer and always told his kids, “If you are the CEO of a big corporation then always vote Republican. Otherwise, vote Democratic.”

That said, I don’t think Obama can do a lot but at least it’s a change of direction. Let’s give another team a chance to mess everything up for a while.

[blahblahblah]

We’re talking about capital gain tax, not ordinary income tax. So, the difference is huge. If both keep their words and you’ve made $250k in capital gain next year, w/ McCain as president, you’ll pay ~$19k-$25k in taxes. With Obama, you’ll pay $50k-$70k in taxes.

Okay I understand now. So everyone who makes $250K or more in capital gains a year should vote for McCain. Everyone else should vote for Obama.

My grandfather died in 1960. He was a farmer and always told his kids, “If you are the CEO of a big corporation then always vote Republican. Otherwise, vote Democratic.”

That said, I don’t think Obama can do a lot but at least it’s a change of direction. Let’s give another team a chance to mess everything up for a while.

[blahblahblah]

We’re talking about capital gain tax, not ordinary income tax. So, the difference is huge. If both keep their words and you’ve made $250k in capital gain next year, w/ McCain as president, you’ll pay ~$19k-$25k in taxes. With Obama, you’ll pay $50k-$70k in taxes.

Okay I understand now. So everyone who makes $250K or more in capital gains a year should vote for McCain. Everyone else should vote for Obama.

My grandfather died in 1960. He was a farmer and always told his kids, “If you are the CEO of a big corporation then always vote Republican. Otherwise, vote Democratic.”

That said, I don’t think Obama can do a lot but at least it’s a change of direction. Let’s give another team a chance to mess everything up for a while.

[blahblahblah]

Don’t worry Breeze. If you were to make any money on any rebound in the stock market, it will be nicely taxed once you exceed $250k a year. And if it doesn’t push you over $250k, well it’s not really significant to be worth talking about, especially not enough to offset your 201k.

Remember that we have progressive taxation. So, let’s say you go from a $250K to a $300K TAXABLE INCOME (after mortgage interest deduction, business expenses, 401K contributions, etc…). Under Obama’s plan you will pay an additional 3% (from 36% to 39%) on that 50K ONLY. That works out to an additional $1500. Somehow I don’t think people are going to stop trying to earn more money just to avoid paying that small amount of extra tax.

And as I’ve said before on this board, if you have $250K annual TAXABLE INCOME (not gross), you are doing allright and I’m not gonna worry about you.

[blahblahblah]

Don’t worry Breeze. If you were to make any money on any rebound in the stock market, it will be nicely taxed once you exceed $250k a year. And if it doesn’t push you over $250k, well it’s not really significant to be worth talking about, especially not enough to offset your 201k.

Remember that we have progressive taxation. So, let’s say you go from a $250K to a $300K TAXABLE INCOME (after mortgage interest deduction, business expenses, 401K contributions, etc…). Under Obama’s plan you will pay an additional 3% (from 36% to 39%) on that 50K ONLY. That works out to an additional $1500. Somehow I don’t think people are going to stop trying to earn more money just to avoid paying that small amount of extra tax.

And as I’ve said before on this board, if you have $250K annual TAXABLE INCOME (not gross), you are doing allright and I’m not gonna worry about you.

[blahblahblah]

Don’t worry Breeze. If you were to make any money on any rebound in the stock market, it will be nicely taxed once you exceed $250k a year. And if it doesn’t push you over $250k, well it’s not really significant to be worth talking about, especially not enough to offset your 201k.

Remember that we have progressive taxation. So, let’s say you go from a $250K to a $300K TAXABLE INCOME (after mortgage interest deduction, business expenses, 401K contributions, etc…). Under Obama’s plan you will pay an additional 3% (from 36% to 39%) on that 50K ONLY. That works out to an additional $1500. Somehow I don’t think people are going to stop trying to earn more money just to avoid paying that small amount of extra tax.

And as I’ve said before on this board, if you have $250K annual TAXABLE INCOME (not gross), you are doing allright and I’m not gonna worry about you.

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