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TheBreeze
Participant[quote=asianautica]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.[/quote]
It looks like the tax plans are pretty much the same until you get above $600,000 in income. Do you seriously think capitalism is going to fall apart because someone making $600,000 a year has to pay an extra 1% of their income in taxes? I think capitalism will be able to withstand such a viscious assault.
AN, you really need to get out and experience the world. There are greater injustices than some rich asshole having to pay an extra 1% in taxes. Some of these injustices even occur right here in America.
TheBreeze
Participant[quote=asianautica]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.[/quote]
It looks like the tax plans are pretty much the same until you get above $600,000 in income. Do you seriously think capitalism is going to fall apart because someone making $600,000 a year has to pay an extra 1% of their income in taxes? I think capitalism will be able to withstand such a viscious assault.
AN, you really need to get out and experience the world. There are greater injustices than some rich asshole having to pay an extra 1% in taxes. Some of these injustices even occur right here in America.
TheBreeze
Participant[quote=asianautica]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.[/quote]
It looks like the tax plans are pretty much the same until you get above $600,000 in income. Do you seriously think capitalism is going to fall apart because someone making $600,000 a year has to pay an extra 1% of their income in taxes? I think capitalism will be able to withstand such a viscious assault.
AN, you really need to get out and experience the world. There are greater injustices than some rich asshole having to pay an extra 1% in taxes. Some of these injustices even occur right here in America.
TheBreeze
Participant[quote=asianautica]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.[/quote]
It looks like the tax plans are pretty much the same until you get above $600,000 in income. Do you seriously think capitalism is going to fall apart because someone making $600,000 a year has to pay an extra 1% of their income in taxes? I think capitalism will be able to withstand such a viscious assault.
AN, you really need to get out and experience the world. There are greater injustices than some rich asshole having to pay an extra 1% in taxes. Some of these injustices even occur right here in America.
TheBreeze
Participant[quote=asianautica]
What make you think guys like Mozilo won’t find ways around the tax code? All they have to do is get paid $1/yr like Steve Jobs did and get paid the rest in option.[/quote]That’s easily fixable. All we have to do is tax capital gains at the same rate as income. Problem solved.
TheBreeze
Participant[quote=asianautica]
What make you think guys like Mozilo won’t find ways around the tax code? All they have to do is get paid $1/yr like Steve Jobs did and get paid the rest in option.[/quote]That’s easily fixable. All we have to do is tax capital gains at the same rate as income. Problem solved.
TheBreeze
Participant[quote=asianautica]
What make you think guys like Mozilo won’t find ways around the tax code? All they have to do is get paid $1/yr like Steve Jobs did and get paid the rest in option.[/quote]That’s easily fixable. All we have to do is tax capital gains at the same rate as income. Problem solved.
TheBreeze
Participant[quote=asianautica]
What make you think guys like Mozilo won’t find ways around the tax code? All they have to do is get paid $1/yr like Steve Jobs did and get paid the rest in option.[/quote]That’s easily fixable. All we have to do is tax capital gains at the same rate as income. Problem solved.
TheBreeze
Participant[quote=asianautica]
What make you think guys like Mozilo won’t find ways around the tax code? All they have to do is get paid $1/yr like Steve Jobs did and get paid the rest in option.[/quote]That’s easily fixable. All we have to do is tax capital gains at the same rate as income. Problem solved.
TheBreeze
ParticipantThe richest 1 percent of Americans has more wealth than 90% of the population.
http://www.baltimoresun.com/entertainment/custom/today/bal-to.rich26jun26,0,3551938.story
With disparities like that, revolution can’t be far around the corner. I’m looking forward to Obama becoming president so that rich crooks like Angelo Mozilo and other crooked CEOs finally get their just desserts. There are so many CEOs of public companies that get paid huge money for doing absolutely nothing that it is disgraceful.
TheBreeze
ParticipantThe richest 1 percent of Americans has more wealth than 90% of the population.
http://www.baltimoresun.com/entertainment/custom/today/bal-to.rich26jun26,0,3551938.story
With disparities like that, revolution can’t be far around the corner. I’m looking forward to Obama becoming president so that rich crooks like Angelo Mozilo and other crooked CEOs finally get their just desserts. There are so many CEOs of public companies that get paid huge money for doing absolutely nothing that it is disgraceful.
TheBreeze
ParticipantThe richest 1 percent of Americans has more wealth than 90% of the population.
http://www.baltimoresun.com/entertainment/custom/today/bal-to.rich26jun26,0,3551938.story
With disparities like that, revolution can’t be far around the corner. I’m looking forward to Obama becoming president so that rich crooks like Angelo Mozilo and other crooked CEOs finally get their just desserts. There are so many CEOs of public companies that get paid huge money for doing absolutely nothing that it is disgraceful.
TheBreeze
ParticipantThe richest 1 percent of Americans has more wealth than 90% of the population.
http://www.baltimoresun.com/entertainment/custom/today/bal-to.rich26jun26,0,3551938.story
With disparities like that, revolution can’t be far around the corner. I’m looking forward to Obama becoming president so that rich crooks like Angelo Mozilo and other crooked CEOs finally get their just desserts. There are so many CEOs of public companies that get paid huge money for doing absolutely nothing that it is disgraceful.
TheBreeze
ParticipantThe richest 1 percent of Americans has more wealth than 90% of the population.
http://www.baltimoresun.com/entertainment/custom/today/bal-to.rich26jun26,0,3551938.story
With disparities like that, revolution can’t be far around the corner. I’m looking forward to Obama becoming president so that rich crooks like Angelo Mozilo and other crooked CEOs finally get their just desserts. There are so many CEOs of public companies that get paid huge money for doing absolutely nothing that it is disgraceful.
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