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Author Topic: Tax Cuts vs. Tax Credits  (Read 4801 times)

Offline Living-In-Clip

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Tax Cuts vs. Tax Credits
« Reply #30 on: October 19, 2008, 07:32:22 AM »
/ Giga mode

Black person not honest.
Must hang him.

Offline clips

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Tax Cuts vs. Tax Credits
« Reply #31 on: October 19, 2008, 07:42:12 AM »
^^^heh..tru enough, but to be fair i\'ll list McCains tax plan,...but his site doesn\'t have a side by side comparison like Obama\'s....hmmm...;)

http://www.johnmccain.com/Informing/Issues/0b8e4db8-5b0c-459f-97ea-d7b542a78235.htm
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Offline Mr. Kennedy
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« Reply #32 on: October 19, 2008, 11:55:29 AM »
Whatever Jumpman.  If I were a "flavor of the month" kind of person I wouldn\'t be following Ron Paul months after he got out of the running.
\"In the last 12 months 100,000 private sector jobs have been lost and yet you\'ve created 30,000 public sector jobs. Prime Minister, you cannot carry on forever squeezing the productive bit of the economy in order to fund an unprecidented engorgement of the unproductive bit. You cannot spend your way out of recession or borrow your way out of debt.\" - Daniel Hannan

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Offline Jumpman

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Tax Cuts vs. Tax Credits
« Reply #33 on: October 19, 2008, 05:49:31 PM »
Quote
underground craze
You know, like all those times you changed your name to D list wrestlers?

Still a sheep.
Who is this anamoly we call Jumpman? How is he able to do what he does and still survive after years of torment? It seems he feeds on the hate, growing with an intense passion to put unassuming members in their place.

Offline GigaShadow
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Tax Cuts vs. Tax Credits
« Reply #34 on: October 20, 2008, 05:42:28 AM »
Jumpman, if you have nothing to offer in terms of the topic.  Go troll OT.
\"The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.\"  - Churchill
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Offline Jumpman

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Tax Cuts vs. Tax Credits
« Reply #35 on: October 20, 2008, 05:52:54 AM »
Afraid not.

I\'m drawn to trolls, you should know that by now.
Who is this anamoly we call Jumpman? How is he able to do what he does and still survive after years of torment? It seems he feeds on the hate, growing with an intense passion to put unassuming members in their place.

Offline Mr. Kennedy
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Tax Cuts vs. Tax Credits
« Reply #36 on: October 20, 2008, 05:58:52 AM »
Quote from: Jumpman
Afraid not.

I\'m drawn to trolls, you should know that by now.


I hate, so much, about the things you choose to be...
\"In the last 12 months 100,000 private sector jobs have been lost and yet you\'ve created 30,000 public sector jobs. Prime Minister, you cannot carry on forever squeezing the productive bit of the economy in order to fund an unprecidented engorgement of the unproductive bit. You cannot spend your way out of recession or borrow your way out of debt.\" - Daniel Hannan

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Offline Jumpman

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Tax Cuts vs. Tax Credits
« Reply #37 on: October 20, 2008, 06:12:12 AM »
I was never given a choice.
Who is this anamoly we call Jumpman? How is he able to do what he does and still survive after years of torment? It seems he feeds on the hate, growing with an intense passion to put unassuming members in their place.

Offline clips

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Tax Cuts vs. Tax Credits
« Reply #38 on: October 21, 2008, 05:16:01 AM »
Y\'know big companies and rich folks are going to end up paying higher taxes under Obama\'s plan, never mind the fact that he\'s rolling the tax code back to the clinton years,..so they are not even going to take that much of a hit, and these people are complaining that he\'s punishing success or he\'s stealing from the rich and giving to the poor.

But look at what happened on wall st. and the economy before Obama plan was even revealed...Obama\'s policy wasn\'t even implemented and the economy has imploded on itself without this theme of the well off folks bein\' taxed...greed of the weathly is what led to this financial meltdown...and look at who has to bail out these rich folks or else the economy crashes.....yep the middle class..the poor folks, the tax payers that some in here are incredibly against them getting a tax break under Obama\'s plan.

That\'s silly isn\'t it?...and even after the rich have robbed from the poor, these big companies(AIG) have the nerve to take a portion of the bailout money and go on a $400,000 luxury binge at our expense,...but then everybody is pissin\' a bitch when Obama wants to give a little back to the same folks that bailed out these weathly unresponsibile individuals....pathetic...Obama\'s plan makes complete sense. Tax those a##holes and keep them honest.
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Offline Eiksirf
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« Reply #39 on: October 21, 2008, 09:36:41 AM »
Well said.

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Well, mostly. ;]
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\"Sometimes.\"
 
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Offline luckee
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Tax Cuts vs. Tax Credits
« Reply #40 on: October 22, 2008, 02:58:19 PM »
So who is for a flat tax and who is not? I will wait to chime in.
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Offline Mr. Kennedy
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« Reply #41 on: October 22, 2008, 05:45:35 PM »
I am.

If everyone is taxed 5% i think the system lends itself to being fair across the board.

i.e. If you have person A who makes 50K a year, and person B making 250K a year person A pays $2500 in income taxes and person B is paying $12,500 in income taxes.  Person B is already paying a lot more than person A.

Person A\'s net income is $47,500 and person B\'s is $237,500.  They both paid their share of the pot.  Now what some of you want is to say well person A should be cut some slack and person B should make up for it and then some.  So now person A is paying 1% and person B is paying 10%.  So now person A pays only $500 in taxes, and person B pays $25,000 in taxes.  But it\'s ok, he makes more money anyway.

I\'m just saying a flat tax rate lends itself to being naturally fair.  Whereas tax brackets lend themselves towards... social engineering.
\"In the last 12 months 100,000 private sector jobs have been lost and yet you\'ve created 30,000 public sector jobs. Prime Minister, you cannot carry on forever squeezing the productive bit of the economy in order to fund an unprecidented engorgement of the unproductive bit. You cannot spend your way out of recession or borrow your way out of debt.\" - Daniel Hannan

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Offline luckee
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Tax Cuts vs. Tax Credits
« Reply #42 on: October 22, 2008, 07:19:21 PM »
Naturally? Yea, it naturally hurts those on the low end of the spectrum. whether 5 or 10%, that is alot for someone that makes 25k a yr. not so much for those top 1%!

Not to mention those in the current upper brackets can afford to pay good tax attorneys to find those loopholes to save more than they pay.

I think income brackets should be much wider though, that or a coke should be a nickel again!
« Last Edit: October 22, 2008, 07:20:56 PM by luckee »
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Offline Mr. Kennedy
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Tax Cuts vs. Tax Credits
« Reply #43 on: October 23, 2008, 05:34:59 AM »
I don\'t understand how flat tax isn\'t fair.

One person makes 50K the other 100K.  He makes twice as much as the first one, he pays twice as much taxes.  Why do we need to burden them even more?
\"In the last 12 months 100,000 private sector jobs have been lost and yet you\'ve created 30,000 public sector jobs. Prime Minister, you cannot carry on forever squeezing the productive bit of the economy in order to fund an unprecidented engorgement of the unproductive bit. You cannot spend your way out of recession or borrow your way out of debt.\" - Daniel Hannan

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Offline clips

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Tax Cuts vs. Tax Credits
« Reply #44 on: October 23, 2008, 08:47:30 AM »
It hurts the person makin\' 25k a year and lower.
knowledge, wisdom & understanding..these are the basic fundamentals of life

if you can\'t amaze them with brilliance, baffle them with bullsh*t....

 

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