Tax Cuts vs. Tax Credits

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Democratic presidential contender Barack Obama promises to "cut taxes for 95 percent of American workers." That\'s not possible.

Why? More than 30 percent pay nothing in federal income taxes. Obama comes up with this number by calling tax credits "tax cuts." One can debate whether these things are good or bad, but they are not tax cuts. McCain offers refundable tax credits for health care, as well as other credits, but he doesn\'t insult the intelligence of the American people by calling them "tax cuts." When Obama\'s credits go to people who pay no federal income taxes or who pay less than the value of the credit, they are not "tax cuts." They are transfers of money from one pocket to another, or redistributions of wealth, but they are not tax cuts.

I tried explaining this to clips and he didn\'t listen.

People have been fooled.  Everyone voting for Obama, either wants socialism, or has been fooled.  Those wanting socialism don\'t want to work hard to achieve success on their own, and instead sugarcoat it as, we want to help the poor.  It\'s an ugly state of affairs that we live in.

The masses are blinded.  Nothing you can say or show them will change their minds.  If Barry told them all to get his name tattooed on their forehead, they would only ask what color of ink.

Might as well get Senator Government tattooed on their head, it\'s all the same.

Bring us your tired, your hungry, your poor... and we\'ll help them die exhausted, starving and broke. God bless your vision of America.

[clips]

Absolutely amazing how you guys have such a problem with this. Yes some of those lazy folks will get a tax cut, but what he\'s proposing is geared toward the hard working middle class with 401k\'s like i stated in the other thread,..you guys keep insisting that this thing is only helping the lazy poor...it\'s not and that is the only thing you guys keep focusing on.

How could you not support a plan that helps struggling middle class families, but support a senseless war, that is spending 10 billion a month in which we are reaping no benefits from?....how can you continue to support that twisted philosophy when this plan is helping hard working middle class AMERICANS?....yeah i see the logic there...:rolleyes:..i guess it makes sense to stay there a hundred years like McCain stated as well right?....let\'s just continue to borrow money from other countries and "surge" the national debt even higher.

We have no problem helping out other countries and giving billions to them, but helping out our own?...nope....that is unamerican.

[Living-In-Clip]

God forbid, the wealthy give back to the poor.

Let the poor stay poor and let \'em die.
Fuck \'em, I say!

It is not the governments right to take money from successful people and give it to others.  Sorry, that is not American.

Two of the three posters above wants something for nothing and would be better off going to a country that shares their ideals rather than trying to change this country into a socialist one, because if Obama does try and take peoples money, things will get very very ugly.

Bring us your tired, your hungry, your poor... and we\'ll help them die exhausted, starving and broke. God bless your vision of America.

The tired, hungry, and poor are too busy drinking out of a bottle of rum on the street.  They don\'t feel like cleaning up and getting a job.  Yes, I feel sooooo bad for those people.

Let\'s just reward laziness.

Absolutely amazing how you guys have such a problem with this. Yes some of those lazy folks will get a tax cut, but what he\'s proposing is geared toward the hard working middle class with 401k\'s like i stated in the other thread,..you guys keep insisting that this thing is only helping the lazy poor...it\'s not and that is the only thing you guys keep focusing on.

How could you not support a plan that helps struggling middle class families, but support a senseless war, that is spending 10 billion a month in which we are reaping no benefits from?....how can you continue to support that twisted philosophy when this plan is helping hard working middle class AMERICANS?....yeah i see the logic there...:rolleyes:..i guess it makes sense to stay there a hundred years like McCain stated as well right?....let\'s just continue to borrow money from other countries and "surge" the national debt even higher.

We have no problem helping out other countries and giving billions to them, but helping out our own?...nope....that is unamerican.

I think the best way to support middle class families is to create jobs.  To create jobs, you need to cut businesses some slack.

Your solution is to hand out money, my solution is to create jobs.  Of course, that would require these people to get off their ass and work.

[Viper_Fujax]

i\'d be sold on giving the upper brackets breaks to create jobs if the money wasnt used on useless shit like yachts and massage vacations for the CEO\'s

i\'d be sold on giving the upper brackets breaks to create jobs if the money wasnt used on useless shit like yachts and massage vacations for the CEO\'s

Ummm ok... I\'d be ok giving poor people money if it wasn\'t used for booze and cigarettes.

Ummm ok... I\'d be ok giving poor people money if it wasn\'t used for booze and cigarettes.

or lottery tickets.

[Living-In-Clip]

It is not the governments right to take money from successful people and give it to others.  Sorry, that is not American.

Two of the three posters above wants something for nothing and would be better off going to a country that shares their ideals rather than trying to change this country into a socialist one, because if Obama does try and take peoples money, things will get very very ugly.

We also aren\'t racist bigots.
Point?

[Jumpman]

Did this socialism bit really catch on with you?

The Cold War is over...there\'s nothing to be afraid of anymore except terrorism.

[clips]

I think the best way to support middle class families is to create jobs.  To create jobs, you need to cut businesses some slack.

Your solution is to hand out money, my solution is to create jobs.  Of course, that would require these people to get off their ass and work.

Greed wins overall....the company i worked for before i got layed off in jersey, was making between...240 - 289 million in quartely profits, yet they still felt there was a need to lay off people and outsource people from our I.T. dept....our manager even went back to the higher ups with a budget(to save our jobs) stating that they could save the company 9 million over 3 years by cutting certain programs within our dept...they STILL opted for the outsourcing option.

I can understand if the company was struggling, but the company always made record profits, and our former CEO quit because the chairmen of the board wanted him to make more cuts, he initially argued that there was no need to cut staff, but the chairmen thought otherwise, so before they could fire our former ceo, he quit,..stating that he did not want no part of firing employees when there was no need to...so the chairmen of the board hired a former ceo of GM and he became their puppet and he cleaned house...he also received a nice 7 million dollar bonus for outsourcing us....it works both ways,..you give those big companies tax breaks and you\'ll find CEO\'s that\'ll abuse it....look at how those bigwigs at AIG went on a $400,000 luxury binge after receiving their bailout money....all at the expense of the taxpayer,...everybody abuses the system...even these big corporations you seem to care about.