Do you honestly think we will get a TAX CUT?

[Navy1960]

* Cut taxes for 95 percent of workers and their families with a tax cut of $500 for workers or $1,000 for working couples.
* Provide generous tax cuts for low- and middle-income seniors, homeowners, the uninsured, and families sending a child to college or looking to save and accumulate wealth.
* Eliminate capital gains taxes for small businesses, cut corporate taxes for firms that invest and create jobs in the United States, and provide tax credits to reduce the cost of healthcare and to reward investments in innovation.
* Dramatically simplify taxes by consolidating existing tax credits, eliminating the need for millions of senior citizens to file tax forms, and enabling as many as 40 million middle-class Americans to do their own taxes in less than five minutes without an accountant.

Barack Obama and Joe Biden: The Change We Need | Taxes

After, approving 700 billion dollars in this bailout and in the end will be more, when you include the 24 billion the Auto companies just got and the 71 billion that currently on the floor. Who here thinks that Americans will get ANY kind of tax cut under the Obama plan, or the McCain plan for that matter?

 

[Chris]

Bush raised taxes more than any president in American history. Deficit spending is an invisible tax.

So you are right. It is all a shell game. But Bush and Reagan are responsible for 90% of the National Debt with their tax cut and borrow BS.

 

[Navy1960]

That's not the question though Chris, the question is do you think McCain or Obama will be able to cut taxes and pay for this massive bailout bill at the same time? It seems to me that the US Government and in this case, the US taxpayer is going to be stuck paying for this mess.

 

[notomccain]

there will be no tax cuts. those days are gone.

 

[midcan5]

You may under Obama's plan. Personally I don't care if we can do some good things, UHC, a fair tax structure, and more jobs in the good old US of A.

A vote for McCain/Palin is a vote against the fundamental principle of America, the right of the individual to lead their life privately without the government interfering.

 

[Missourian]

BS.

Paraphrasing rules.

 

[Ravi]

I don't want one. I think Biden was right, the rich should do the patriotic thing and give back what they've saved under Bush.

 

[Haro]

If by we you mean the middle class, 81 percent of households will see tax cuts under Obama's plan. McCain plans to decrease the corperate tax from 35 to 25 percent so if he needs more money he would took to middle and lower classes.

 

[AVG-JOE]

You may under Obama's plan. Personally I don't care if we can do some good things, UHC, a fair tax structure, and more jobs in the good old US of A.

A vote for McCain/Palin is a vote against the fundamental principle of America, the right of the individual to lead their life privately without the government interfering.

A fair tax code... That would be an improvement.

I wouldn't be unhappy with less paperwork either. Needing to support a Tax Preparation Industry to help us do our paperwork every year makes us look pretty stupid from space.

-Joe

 

[xsited1]

If you believe in a free lunch, then "yes." In reality, the answer is "no." What's interesting, however, is that both candidates promise tax cuts. That means that both candidates believe that the government has been taxing the citizens too much. Just how long has this been going on?

 

[xsited1]

A vote for McCain/Palin is a vote against the fundamental principle of America, the right of the individual to lead their life privately without the government interfering.

That quote is true. Obviously, the same can be said for Obama/Biden. So who are you going to vote for come November?

 

[Haro]

If you believe in a free lunch, then "yes." In reality, the answer is "no." What's interesting, however, is that both candidates promise tax cuts. That means that both candidates believe that the government has been taxing the citizens too much. Just how long has this been going on?

You forget that they promise tax cuts to different people.

 

[xsited1]

You forget that they promise tax cuts to different people.

They are both offering tax cuts. Obviously, tax cuts are something the people are demanding because they feel they are overtaxed. They are right. End of story.

 

[pegwinn]

You may under Obama's plan. Personally I don't care if we can do some good things, UHC, a fair tax structure, and more jobs in the good old US of A.

A vote for McCain/Palin is a vote against the fundamental principle of America, the right of the individual to lead their life privately without the government interfering.

UHC? Sure if it isn't mandatory. Fair Tax is a contradiciton in terms unless you mean the Fairtax Bill (H.R. 25). Your bold comment applies equally to all pols in todays America.

I don't want one. I think Biden was right, the rich should do the patriotic thing and give back what they've saved under Bush.

Or, we should make the criminals, the tourists, and the illegal aliens pay their fair share. I cannot believe anyone smart enought to figure out a message board can say something so stupid. Are you always like this or was this morning a special occasion?

If by we you mean the middle class, 81 percent of households will see tax cuts under Obama's plan. McCain plans to decrease the corperate tax from 35 to 25 percent so if he needs more money he would took to middle and lower classes.

Just Curious, but how (by what process) will either candidate actually keep the promise to lower taxes?

A fair tax code... That would be an improvement.

I wouldn't be unhappy with less paperwork either. Needing to support a Tax Preparation Industry to help us do our paperwork every year makes us look pretty stupid from space.

-Joe

Good luck with that. Your best shot to personally make a difference is to study, support, and take action to get the Enumerated Powers Act and the Fair Tax Act passed.

 

[Caligirl]

I voted yes under both but would like to add that unseen taxes go up under both as well.

Obama's stance is clearer to me that individuals and families in a certain bracket get certain cuts. McCain's seems more geared towards trickle down philosophyand cutting taxes at the top. We will need to pay for all the shit we've seen recently though so we will be paying for more example our health care has more costs than it did two years ago.

 

[Jennifer.Bush]

isn't that like almost the same amount you get under the
current tax cut, and wtf is $500? are you serious? that's NOTHING

 

[WillowTree]

Or, we should make the criminals, the tourists, and the illegal aliens pay their fair share. I cannot believe anyone smart enought to figure out a message board can say something so stupid. Are you always like this or was this morning a special occasion?










believe it honey!

 

[NOBama]

Nevermind a tax cut, I'll be happy if our taxes don't go up regardless of who wins the election.

 

[Richard-H]

We really have to wait and see what this bailout package actually does. It does seem like congress is really making an effort to work this out right.

If they do work it out, the tax payers will get a huge amount equity in return, the homeowners will get assistance which will stop the flow of properties onto the market and make the equity from the financial corps evaluate. If congress is smart they'll get equity on mortgaged properites as well.

IF they work it out right the tax payers could come out ahead.

Not only that, but if congress makes it clear that when it comes to bailouts there's no more free lunches for these corporations. A bailout should be a bottom dollar buyout from now on.

I bet you'd see an quick end to the type of mismanagement that led to this mess.

It may be a bit socialist, but it's a lot better than a handout.

They ought to grandfather the whole thing and get equity for all the previous bailouts too.

 

[Richard-H]

Remember - elections are just around the corner, so congress is going to be held accountable very quickly. There really is a slim chance they may do something right.