FINAL COUNTDOWN FOR USA ELECTION 2008

Fox, your position only makes sense if people somehow forgot the 1990's, a time when we enjoyed the sort of taxation Obama is proposing, and yet somehow, we made much more money and had a balanced budget.

He's not raising 'enormous taxes.' He's returning many of them to the way they were 8 years ago. He's raising taxes on folks who won't even blink when they have to pay them.

And, as has been pointed out, BOTH candidates want the death tax back; I'm afraid I really can't trust the conclusions of that article, as they don't seem all that accurate.

Cycloptichorn

That's cool. I would probably put confidence in competence of a Forbes analysis way ahead of the Tax Policy Center,

Foxfyre wrote:

That's cool. I would probably put confidence in competence of a Forbes analysis way ahead of the Tax Policy Center,

Why?

However, the U.S also has the greatest number of corporate tax loopholes of any OECD member,[28] allowing many corporations to achieve a lower effective tax rate than the published rates.

Everywhere I go we've been talking about change, that's been the theme of the campaign. And we must be on to something, because I notice now everyone's talking about change now.

John McCain has said that change is coming!

Now think about this coming from the party that's been in charge for 8 years, they've been running the show! Been up in the White House, John McCain brags, '90% of the time I have voted with George Bush. He and I we we're right there' and suddenly he's the change agent!

He says I'm going to tell those lobbyists that their days in Washington are over. Who's he gonna tell? Is he gonna tell his campaign chairman who's one of the biggest corporate lobbyists in Washington? Is he going to tell all the folks who are running his campaign who are the biggest corporate lobbyist in Washington? Who is it that he's going to tell that change is coming?

I mean come on! They must think you're stupid!

I mean, maybe what they're saying is 'watch out George Bush' you know except for economic policies, and tax policies, and energy policies, and health care policies, and education policies, and Karl Rove style of politics " except for all that, we're really going to bring change to Washington! We're gonna shake things up! What are these guys talking about? Do you think we haven’t been paying attention over the past 8 years?

(Obama then went point by point through education, tax policy, energy policy and health care telling voters why McCain’s version of change is not change like the kind he will bring.)

I know the governor of Alaska has been, you know, saying she is change. And that is great. She is a skillful politician. But when you been taking all these earmarks when it is convenient and then suddenly you are the champion anti-earmark person. That is not change, come on. I mean, words mean something. You can't just make stuff up. You can’t just make stuff up. We have a choice to make and the choice is clear.

Don't be fooled. These are the folks who have been in charge. John McCain's party, with the help of John McCain, has been in charge.

McSame

Earlier today I outlined the differences between McCain and Obama's economic policies and how McCain's would be different from what we have now

Quote:

Earlier today I outlined the differences between McCain and Obama's economic policies and how McCain's would be different from what we have now

Actually, you didn't do that. There wasn't much attention paid to highlighting the differences between Bush's policies and McCain's policies. If anything, you showed that they are the same in almost every respect. The most you can say is that McCain is more Conservative then Bush, but isn't a 'change,' that's more of the same that Bush has been doing - much more, and much worse.

Cycloptichorn

Cycloptichorn wrote:

Quote:

Earlier today I outlined the differences between McCain and Obama's economic policies and how McCain's would be different from what we have now

Actually, you didn't do that. There wasn't much attention paid to highlighting the differences between Bush's policies and McCain's policies. If anything, you showed that they are the same in almost every respect. The most you can say is that McCain is more Conservative then Bush, but isn't a 'change,' that's more of the same that Bush has been doing - much more, and much worse.

Cycloptichorn

I beg to differ. I outlined quite a few initiatives proposed by McCain that are quite different from what we have today. And I also challenged to dispute those statements with any credible source of your own. I presume you couldn't find one?

McCain proposes to slash federal corporate tax rate to 25% along with expensing for capital investment (allowing capital costs to be deducted in the year they are incurred.)

McCain proposes to make current tax rates permanent: Top individual income-tax rate 35%; capital gains and dividends rates 15% and eliminate repetitive death tax. In addition he proposes to double the personal exemption for children and other dependents from $3,500 to $7,000.

McCain proposes to abolish the Alternative Minimum Tax (AMT), which was originally adopted as a mechanism to ensure that a small number of the richest Americans pay at least some tax. Because it was never indexed for inflation, today it imposes sharp, surprise tax increases on the middle class in the highest-tax states.

McCain also pledges to ban taxes on the Internet and on cell phones, consistent with his longstanding record.

Come on Cyclop. I accept that as your opinion. I just don't share it. You'll have to back it up with more than opinion to discredit the Forbes article and/or my opinion about it.

Cycloptichorn wrote:

McSame

Only the ignorant use that term...