Obama's 95% Illusion

[The Paperboy]

Not always, competition is what destroyed the mortgage industry, too many companies fighting for business while lying cheating and stealing to get it, Mccains plan needs regulation to work properly and we know Mccain is a deregulator.

Not all deregulation is bad. Not all regulation is good. But, yes, the American citizen must be vigilant. Base your decisions on facts, not rumors, opinions or personality.

 

[jschuck12001]

Not all deregulation is bad. Not all regulation is good. But, yes, the American citizen must be vigilant. Base your decisions on facts, not rumors, opinions or personality.

Deregulation is a bad thing when it comes to businesses that move money, I think that has been proven, for other businesses, maybe its ok.

 

[editec]

Actually the net of Reagan's tax policies was a decrease in taxes paid.....

I think you've been misinformed.

Remember what happened to Social security taxes under Reagan?

 

[jreeves]

I think you've been misinformed.

Remember what happened to Social security taxes under Reagan?

Please inform me?

 

[Larkinn]

The government already provides health insurance for illegal immigrants. It is illegal to turn anyone away from receiving medical care.

Not quite, no. Its illegal to turn anyone away from receiving emergency medical care. Thats not the same as medical care. You can't exactly go to the emergency room for a checkup or for something minor.

 

[SpidermanTuba]

For the Obama Democrats, a tax cut is no longer letting you keep more of what you earn. In their lexicon, a tax cut includes tens of billions of dollars in government handouts that are disguised by the phrase "tax credit."

Full story here

A refundable tax credit - a tax credit you get back even if you paid less than that amount in taxes.

McCain also supports refundable tax credits. $5,000 per person for health care costs. If everyone in America claims that refundable tax credit, that's well over 1 trillion dollars a year.

Ronald Reagan also supported refundable tax credits in the form of the Earned Income Tax Credit. So did Ford, and both Bush's, in fact.


So to claim Obama is conducting "sleight of hand" with a refundable tax credit is to ignore that every Republican President since Ford as well as the present Republican nominee have supported some form of refundable tax credits.

 

[jreeves]

A refundable tax credit - a tax credit you get back even if you paid less than that amount in taxes.

McCain also supports refundable tax credits. $5,000 per person for health care costs. If everyone in America claims that refundable tax credit, that's well over 1 trillion dollars a year.

Ronald Reagan also supported refundable tax credits in the form of the Earned Income Tax Credit. So did Ford, and both Bush's, in fact.


So to claim Obama is conducting "sleight of hand" with a refundable tax credit is to ignore that every Republican President since Ford as well as the present Republican nominee have supported some form of refundable tax credits.

The money would used only for healthcare....
JohnMcCain.com - McCain-Palin 2008
Those obtaining innovative insurance that costs less than the credit can deposit the remainder in expanded Health Savings Accounts.
You are misinformed, this is not a handout. It's to provide everyone with healthcare choice and is in sharp contrast to a beaucratic government ran program that Obama advocates for....

 

[SpidermanTuba]

The money would used only for healthcare....

So what?

Those obtaining innovative insurance that costs less than the credit can deposit the remainder in expanded Health Savings Accounts.

"innovative insurance" ? Dude what the fuck are you talking about? The cost of your health insurance is directly dependent on your age, present health, pre-existing conditions, weight, height, sex, etc. - not how fucking "innovative" your health insurance company is. Do you seriously think that cutting the average cost to care for an 80 year old diabetic with a heart condition to less than 5k a year has only to do with lack of innovation? Do you further think that the only reason health insurance companies haven't yet innovated a way to do that is because John McCain hasn't blessed them with his almighty brilliant plan yet?

You are misinformed, this is not a handout. It's to provide everyone with healthcare choice

I guess food stamps aren't a handout then, they just provide you with food choice.

 

[jreeves]

So what?



"innovative insurance" ? Dude what the fuck are you talking about? The cost of your health insurance is directly dependent on your age, present health, pre-existing conditions, weight, height, sex, etc. - not how fucking "innovative" your health insurance company is. Do you seriously think that cutting the average cost to care for an 80 year old diabetic with a heart condition to less than 5k a year has only to do with lack of innovation? Do you further think that the only reason health insurance companies haven't yet innovated a way to do that is because John McCain hasn't blessed them with his almighty brilliant plan yet?






I guess food stamps aren't a handout then, they just provide you with food choice.

JohnMcCain.com - McCain-Palin 2008
As President, John McCain will work with governors to develop a best practice model that states can follow - a Guaranteed Access Plan or GAP - that would reflect the best experience of the states to ensure these patients have access to health coverage. One approach would establish a nonprofit corporation that would contract with insurers to cover patients who have been denied insurance and could join with other state plans to enlarge pools and lower overhead costs. There would be reasonable limits on premiums, and assistance would be available for Americans below a certain income level.


By allowing high risk patients treatment we will reduce the cost to the federal government. Afterall, when these patients need treatment the federal government picks up their health bills anyway.

 

[editec]

Please inform me?

Gladly

the Social Security Reform Act of 1983, which followed the recommendations of a commission led by Alan Greenspan. Its key provision was an increase in the payroll tax that pays for Social Security and Medicare hospital insurance.

For many middle- and low-income families, this tax increase more than undid any gains from Mr. Reagan's income tax cuts. In 1980, according to Congressional Budget Office estimates, middle-income families with children paid 8.2 percent of their income in income taxes, and 9.5 percent in payroll taxes. By 1988 the income tax share was down to 6.6 percent -- but the payroll tax share was up to 11.8 percent, and the combined burden was up, not down.

source