Obama's plan is to redistribute the wealth.

Discussion in 'Congress' started by AllieBaba, Oct 13, 2008.

  1. Red Dawn
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    Red Dawn Senior Member

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    LOL, Classic. WTF, did somebody grave dig this thread?

    Joe the Plumber lied. He wasn't a plumber, he didn't have any real plans to buy a company, his name's not joe, the company he worked for was only worth 100k and would have been under the 250k cap Obama has proposed.

    And Joe's not "burdened" by taxes. He's a tax dodger who owes back taxes.
     
  2. jreeves
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    jreeves Senior Member

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    Yes those damn oil companies aren't paying any taxes....
    The Tax Foundation - Oil Company Profits and Tax Collections: Does the U.S. Need a New Windfall Profits Tax?
    The answer to the first question is that over the past 25 years, oil companies directly paid or remitted more than $2.2 trillion in taxes, after adjusting for inflation, to federal and state governments—including excise taxes, royalty payments and state and federal corporate income taxes. That amounts to more than three times what they earned in profits during the same period, according to the latest numbers from the Bureau of Economic Analysis and U.S. Department of Energy.

    These figures do not include local property taxes, state sales and severance taxes and on-shore royalty payments.

    Neither are the wealthy...

    $taxation09-640.jpg
     
  3. elvis
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    elvis BANNED Supporting Member

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    that doesn't erase the fact that Obama said he's going to spread the wealth around. whether joe lied or not, there are plenty of prospective business owners out there that obama will soak.
     
  4. dilloduck
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    dilloduck Diamond Member

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    shhhhhhh that's the part that they are trying to deflect from. :cool:
     
  5. DiveCon
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    DiveCon gone

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    not to mention, he didnt actually lie
    but these fucking morons will never understand that simple truth
     
  6. Care4all
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    Care4all Warrior Princess Supporting Member

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    good morning reeves!

    The EIC has been a Tax Credit program that has been supported by ALL Presidents and all Parties since the program began a generation or two ago.

    Mccain does not get rid of the EIC and would NEVER get rid of the EIC.

    No one gets handed this money each week, when taxes are filed, if the family makes less than $17 k or so they qualify for EIC....the cutoff for a married couple's total earnings is making less than $14k a year.......

    The EIC gives these people a credit for some of what they pay in FICA taxes.

    It is the BEST and most EFFICIENT welfare, if this is what you want to call it, program that the USA has and has ever had.

    These are the WORKING POOR, these are NOT people on the dole sitting home doing nothing...giving them more of their own tax monies back and letting them make the decision on how to use their own money empowers them as individuals to take care of themselves and their children, as any tax break or credit would empower any of us getting one.

    We would be sooooooooooo fortunate as a country if all we needed to do with our poor welfare programs is give the poor a credit for their taxes paid from them WORKING.....

    I fully and whole heartedly support expanding the EIC....it encourages the poor to work.

    care
     
  7. editec
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    editec Mr. Forgot-it-All

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    I don't advocate raising taxces on the rich.

    I merely advocate allowing taxes to return to the state they will return to if we dont' change another damned tax law.

    What I DO advocate is changing our current trade policies and cutting back on goverment spending.

    do that and in twenty years our society would be solvent again.

    We cannot keep deindustrializing our society and expect it to thrive.
     
  8. Care4all
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    Care4all Warrior Princess Supporting Member

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    fyi....Obama's tax plan doesn't affect small businesses with higher taxes, it gives them a tax BREAK for the most.

     
  9. Kit Parker
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    Kit Parker You Talkin To Me?

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    All taxation is a redistribution of wealth.
     
    • Thank You! Thank You! x 1
  10. editec
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    editec Mr. Forgot-it-All

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    True.

    No matter how necessary we might think that government service is, too.

    Paying for anything by taxation is wealth redistribution. Government itself is wealth redistribution.

    So the questions are: what do we think is needed; who pays for it; and to whom to we redistribute that wealth to take care of those services we think are necessary?

    Those are always the questions we are asking ourselves in every one of these debates.

    Unless you are an outright anarchist, the issue is ALWAYS: how much freedom we are willing to give up for how much benefit from that collective system we call government?
     
    Last edited: Oct 23, 2008

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