jackshoegazer: (Politics/Inspire)
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Those whose income is under $67,000 - 60% of all American taxpayers - would see substantially larger tax cuts under the Obama plan. While McCain’s plan concentrates 58% of its benefits to the wealthiest 1% of Americans, Obama’s rollback of the Bush tax cuts above $250,000 produces tax increases for that group.

Sadly, Obama’s story is not getting through. In the face of the TPC’s analysis showing that 95% of American taxpayers would see savings under the Obama tax plan, 53% of the Gallup respondents wrongly believe their tax burden would increase under President Obama. Meanwhile, despite the same analysis showing McCain’s plan to make permanent and expand the Bush tax cuts would produce a staggering $2.8 trillion in red ink for the federal budget, the Republican still claims the mantle of fiscal discipline.


Source

Date: 2008-09-14 10:03 pm (UTC)
From: [identity profile] zhyndra.livejournal.com
I probably wouldn't have anything to complain about, either, if my country showed that taking care of its people was top priority. We could have universal health care right now, if "they" wanted us to have it. The government has shown us its priorities with the taxes now collected, huge sums of money spent on war, suffering and death, and allowing extortion of the citizenry by the medical, pharmaceutical and insurance industries. Some things I believe in are health care for all, a basic entitlement/welfare system, free school lunches for all students (not income-based to divide social classes), no charge for school bus service, air conditioning in classrooms where the temperature is frequently in the 90-100+ degree range, and driver education and behind the wheel training in high school. Some of these things, we used to have. Then cuts were made, due to not enough money, so more money was taken from us. Here, people always seem to vote yes on giving schools more money. Those who manage the school funds here have long thought that it is more important to have multiple computers for the students than air conditioning.

I think a flat tax would be fair, with no write-offs. I don't think it's fair to punish people for having too much money, or for being poor. My idea of progress would be for the government to take out taxes before we are paid, 9% across the board, not require filing of taxes for those who have already had them taken, no tax refunds, and pretty much put H&R Block out of business. Well, not really, because not everyone works in such a way to have taxes taken out before getting paid.

That chart does show that Obama is far more fiscally responsible than McCain.

Date: 2008-09-14 10:17 pm (UTC)
From: [identity profile] tyskkvinna.livejournal.com
I agree 100% with everything in your first paragraph, and it's things I wish I could shout from the rooftop on a daily basis.

Date: 2008-09-14 10:27 pm (UTC)
From: [identity profile] zhyndra.livejournal.com
:)

It's safer to shout at LJ. No broken bones. ;)

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