Quote:
Originally Posted by dc_dux
nice, ace!
How very condescending of you to suggest or imply that "the democrats" - half the country (or more) - are either liars or ignorant because they dont agree with your analysis of tax policy.
-----Added 26/8/2008 at 12 : 42 : 44-----
If I could suggest, you might try learning how to just agree to disagree without insulting the character, integrity and intelligence of those who hold opposing views.
|
Or, perhaps someone can show me how I am wrong. I give example after example illustrating the basis of my view. The rhetoric from Democrats on the class warfare issue is dishonest or uninformed.
Let me ask you a question (to go unanswered) if the Democratic Party logic holds that raising the minimum wage is a good thing to fight poverty and minimize the numbers of people earning non-livable wages and if $7.25 is good, why not $8.25, why not $9.25, why not $20.25?
I will answer the question, assuming their logic. The goal is to do just enough to get votes. But the reality is and many know this, raising the minimum wage is an illusion. Raising the minimum wage is inflationary and has a negative impact on employment, in particular employment of unskilled labor.
I call them like I see them, if the truth is offensive - so be it. If what I write is not true, I am open to being challenged in my view.
-----Added 26/8/2008 at 02 : 10 : 14-----
Quote:
Originally Posted by Rekna
Please ace show me by the numbers where a poor person will pay more under Obama's plan than McCains. Then also show me a case where the middle class will (say 100K joint income). I fail to see how Obama giving more money back to the poorer Americans is going to cause them to pay more....
|
I can't do everything for you. I can't connect all of the dots because I don't know what you know. But, I will say this. Generally, the people who are "poor" today will not be the same people who are "poor" tomorrow. Certainly there are a group of people who will be born in poverty and stay in poverty their entire life, but this is not the norm in this country. People making low income today, will have higher incomes in the future. If they face high marginal tax rates, that is punitive. That means that the "rich" (those who made it) stay in the top percentiles and those that have not made it (being in a position to save, invest, accumulate assets) will never make it. If that's the country you want, continue to support Democratic economic policy.
McCain's tax policy is only marginally better than Obama's. I would scrap our current tax code and start over. I would not tax a person's labor, savings and investments - I would tax consumption.
If you think taxes are going down under Obama, perhaps you can show me. There are already examples on the table suggesting that a simple cut in the commonly know tax brackets does not paint a full picture.
Quote:
|
There is a great saying. There are lies, damned lies, and statistics. The article you are doing is playing with statistics to mislead people. That is why it is important to chose a metric that everyone understands when dealing with numbers. In this case, it is my opinion, that the best metric is after tax income because it is easy to understand and compare.
|
When Bush proposed tax cuts, everyone with a calculator could figure out what the impact would be. We have scholarly people desperately trying to figure out what the impact of Obama's tax plan is going to be and they can not do it without making assumptions on details they can not get from Obama. Do you know what your tax obligation is going to be under Obama's plan? Whose plan makes it easier, Obama's or McCain's?