The Middle Class is Now $120,000 and Under!!!

[Boomer860]

Don't bother talking about McCain, it's useless when dealing with these people. Most "McCain supporters" I've met barely know anything about McCain besides his war record. The more accurate term for most "McCain supporters" is "Obama detractor". In their mind, they aren't voting for McCain, they are voting against Obama.

You will find as you mature that most elections are voting against someone and not for someone regardless of what they say. My reason for voting for McCain is the position of Commander in Chief. Obama does not know squat about the military. If we do not have a strong military you can forget about the economy or anything else. This is not to say I do not know anything else about McCain or agree with all his positions.

If Obama stuck to his agreement on public financing of the campaing , instead of lying , this contest would not even be close.

[Nanker]

they are not being made illegal, or taxed any differently than they are now. Capital gains remain the same except for those making above those $250K/$200K limits.

Wrong. He wants to raise the capital gains tax rate - across the board. Capital gains are not taxed as regular income. They enjoy a favorable status (for now). The risk/reward of investments is a large part of what drives our economy by furnishing corporations capital through the sale of equity shares. Of course they can also sell debentures or borrow cash.

 

These evil capitalist trappings will all go away under Obama. Audio linky if you prefer.

[Boomer860]

Real nice racist comment.

 

The problem in todays world is that only one race can be criticized.

If I were to as much as just state facts on crime by race I'd be called a racists and likely booted from this forum, or most forum.

You would not be criticized by me

[Kelly the Dog]

Wrong. He wants to raise the capital gains tax rate - across the board. Capital gains are not taxed as regular income. They enjoy a favorable status (for now). The risk/reward of investments is a large part of what drives our economy by furnishing corporations capital through the sale of equity shares. Of course they can also sell debentures or borrow cash.

 

These evil capitalist trappings will all go away under Obama. Audio linky if you prefer.

So your proof of this is linking a proposal they don't think will happen soon from someone that has nothing to do with Obama except she "is an Obama supporter?"

 

Jesus Christ.

[JimmyPage]

You would not be criticized by me

Why do you think I care about your opinion in particular?

You aren't even an opinion that I recognize let alone regard.

[JimmyPage]

You still haven't defended her. I tried to get you to do so, even attached an article that stated what you claimed you didn't know & all you did was still claim ignorance. I asked you to do so in a rational non slur manner & you can't as the above post proves.

The reason I asked you to is because your original response to my statement that she doesn't understand the 1st amendment was to BOLD & ENLARGE my point about her not understanding the 1st amendment & respond to it LOL.

You are too ignorant to get information to support you contentions and too irrational to respond in a non slur way-that is not a slur since your ignorance is proven by your 1st bolding & enlarging the original statement of facts & then de facto claiming ignorance by stating you don't know what she said and choosing not to educate yourself on the facts to issue a rational response and you keep up the slurs as proven by your post above.

I have no more time for you since I'm too busy to respond any further & before you say anything else stupid-it's because I have a funeral to prepare for.

Are you all there or just born ignorant?

 

 

Why is it that you can get it through your thick skull that....I do not support obama...but does not obligate me to defend Palin's comments... I never said that I support her in anY WAY.

 

 

Is anyone else here confused about this, it seems simple and I have now spoonfeed it to him/her 3 times.

 

Is it just 'Albany , NY' or could there posibly be more than one person on the same forum that cannot grasp something so simple.

 

If you have another way of dumbing this down please feel free to help because I cannot seem to get it through his/her skull.

[Boomer860]

Why do you think I care about your opinion in particular?

You aren't even an opinion that I recognize let alone regard.

You are obviously confused. If you read my post correctly you would gave understood that , I agree with you . I do not care if you agree with me. Its unfortunate you are a dickwad. Opinions are like a$$holes ,If the shoe fits wear it.

[JimmyPage]

Are you all there or just born ignorant?

 

 

Why is it that you can get it through your thick skull that....I do not support obama...but does not obligate me to defend Palin's comments... I never said that I support her in anY WAY.

 

 

Is anyone else here confused about this, it seems simple and I have now spoonfeed it to him/her 3 times.

 

Is it just 'Albany , NY' or could there posibly be more than one person on the same forum that cannot grasp something so simple.

 

If you have another way of dumbing this down please feel free to help because I cannot seem to get it through his/her skull.

 

 

 

 

you have answered none of these questions

Let me ask you these questions

1.When you criticize Fox for who they endorse are you suggesting that hussien obama is an astute candidate ?

If so how do you justify supporting a candidate who isn't aware of how many states there are?

 

2. In your opinion ,which is worse a candidate who you claim doesn't know the constitution or a candidate who openly states his willingness and a possible desire to change the constitution?

 

3. We don't know exactly what obama has in mind when he refers to his willingness to change the constitution of the United States, because he doesn't disclose it.

We DO know that he supports measures to interfere with the right to bear arms.

That is in violation of the constitution.

Can you tell us if YOU are aware of that, and can YOU tell us which ammendment it violates?

 

4. If you are ok with violating the constitution then why is it so important to you for a VP candidate to know the constitution?

That seems hypocritical to me.

So could you explain that to us, if that is in fact your position

[JimmyPage]

You are obviously confused. If you read my post correctly you would gave understood that , I agree with you . I do not care if you agree with me. Its unfortunate you are a dickwad. Opinions are like a$$holes ,If the shoe fits wear it.

What did you say that you swallow?

 

You are correct though I did misread your post.

But even so I cannot tolerate people that go to this extent with insults, completely uncalled for.

[Boomer860]

What did you say that you swallow?

Take your meds and dont touch any sharp objects. The chicken is dead quit choking it.

[Wacka]

I have no more time for you since I'm too busy to respond any further & before you say anything else stupid-it's because I have a funeral to prepare for.

 

To tie into this, here is some info on the estate tax:

 

Prior to the estate tax reduction, estates were taxed at rates beginning at 37 percent and going as high as 55 percent. Generally, the estate tax only applied to assets exceeding $1 million.

 

Included in President Bush's tax cuts, however, was a provision to phase out the estate tax rate over the next few years. For families with large real estate holdings such as farms that have been held for generations or small businesses, this stroke of good luck will ensure that assets are passed onto posterity without Uncle Sam taking a majority of the bounty. This would be accomplished in two ways: 1.) by raising the amount exempt from the estate tax rate, and 2.) lowering the estate tax rate itself.

 

According to the IRS literature, an estate tax filing need only be made if the value of an estate exceeds the following amounts:

 

2005: First $1,500,000 in assets

2006-2008: First $2,000,000 in assets

2009: First $3,500,000 in assets

 

In addition, the maximum estate tax rate applied to the amounts in excess of these figures are as follows:

 

2005: 47 percent

2006: 46 percent

2007- 2009: 45 percent

 

In 2010, the estate tax rate drops to zero percent; if you die in that year, your heirs would not pay taxes, even if you passed on $20 billion!

 

One caveat: Congress ensured that the law sunsets in 2011. That is, on January 1st, 2011, the estate tax rate will return to its pre-Bush levels. Practically speaking, this means the difference between dying on December 31, 2010 and January 1, 2011 can mean 55 percent of your estate if you are person of means!

 

 

Obama has never said that he will make these cuts permanet if elected. That means in 2012, if your estate is > $1M, it will be taxed at 37 %. In Albany, NY his may be a lot, but here in the SF Bay area, the average house is still

about $450-500K.

[In-A-Gadda-Levitre]

Wrong. He wants to raise the capital gains tax rate - across the board. Capital gains are not taxed as regular income. They enjoy a favorable status (for now). The risk/reward of investments is a large part of what drives our economy by furnishing corporations capital through the sale of equity shares. Of course they can also sell debentures or borrow cash.

 

These evil capitalist trappings will all go away under Obama. Audio linky if you prefer.

dude, here it is, black and white from Obama's Tax Plan

 

o Repealing a portion of the Bush tax cuts for families over $250,000 while continuing to leave their tax

rates at or below where they were in the 1990s:

 

o Ordinary Income: The top two income tax brackets would return to their 1990’s levels of 36% and

39.6%. All other tax brackets would remain as they are today. Obama would also restore the 1990’s

levels for the personal exemption and itemized deduction phaseouts (known as PEP and Pease).

Obama would work with the Treasury Department to adjust the thresholds of these rates slightly to

ensure that no married couple making less than $250,000 (or single making less than $200,000) was

affected by these changes.

 

o Capital Gains: Families with incomes below $250,000 will continue to pay the capital gains rates

that they pay today. For those in the top two income tax brackets – likewise adjusted to affect only

families over $250,000 – Obama will create a new top capital gains rate of 20 percent. Obama’s 20%

rate is equal is the lowest rate that existed in the 1990s and the rate that President Bush proposed in

2001. It is almost a third lower than the rate that President Reagan signed into law in 1986.

 

here's the Factchecker.org assessment:

 

Capital Gains Rate: It's untrue that Obama is proposing a 28 percent capital gains tax rate. He said in an interview on CNBC that he favors raising the top rate on capital gains from its present 15 percent to 20 percent or more, but no higher than 28 percent. And as for a 28 percent rate, he added, "my guess would be it would be significantly lower than that." Furthermore, he has said only couples making $250,000 or more (or, his policy advisers tell us, singles making more than $200,000) would pay the higher capital gains rate. That means the large majority of persons who pay capital gains taxes would see no increase at all.

 

and the respected, impartial Tax Policy Center:

 

Table R2

Senator Obama's Tax Proposals of August 14, 2008:

 

(2) Make permanent the 0%/15% tax rates on capital gains and qualified dividends for taxpayers with AGI under $250,000 ($200,000 unmarried). Impose 20% rate on gains and dividends for taxpayers above those thresholds, effective 01/01/09.

 

In case you didn't know, the 0%/15% tax rates on capital gains represent the Bush tax cuts, which he makes permanent for those people under $250K/$200K.

 

This is his plan, and it hasn't changed. If you choose to ignore it, and believe Mark freaking Levin, well, that's up to you.

[In-A-Gadda-Levitre]

Obama has never said that he will make these cuts permanet if elected. That means in 2012, if your estate is > $1M, it will be taxed at 37 %. In Albany, NY his may be a lot, but here in the SF Bay area, the average house is still

about $450-500K.

from his tax plan:

 

Estate Tax: The estate tax would be effectively repealed for 99.7 percent of estates. For the

remaining 0.3% of estates over $7 million per couple, Obama will retain a rate of 45%. This policy

would cut the number of estates covered by the tax by 84 percent relative to 2000.

 

pretty clear, nothing for estates under $7M, 45% for >$7M

 

if you're saying he NEVER promised NOT to raise it EVER AGAIN in the future, ok, you made your point.

[Nanker]

dude, here it is, black and white from Obama's Tax Plan

 

here's the Factchecker.org assessment:

 

and the respected, impartial Tax Policy Center:

[/b]

 

In case you didn't know, the 0%/15% tax rates on capital gains represent the Bush tax cuts, which he makes permanent for those people under $250K/$200K.

This is his plan, and it hasn't changed. If you choose to ignore it, and believe Mark freaking Levin, well, that's up to you.

 

You believe your sources and intuitions, I'll believe mine.

This is another thing I believe. It is the federal government's right under the 16th amendment to take from Peter and Paul to provide for the legitimate responsibilities of the government as delineated in the Constitution. It is not government's obligation nor duty to take from Peter to give to Paul in order to improve Paul. That by nature is socialism. It is capitalism that made this country economically great.

[Kelly the Dog]

You believe your sources and intuitions, I'll believe mine.

Thanks for that. I've been looking for a solid, concise definition of the difference between "fact-checked documentation" and "thin air".

[elegantelliotoffen]

Let's not do the bait and switch. First off, while I respect McCain and would prefer him as President over The Messiah, I did not vote for him. I voted for Bob Barr and Libertarian for Congress (against Darryl Issa).

 

Great! To stick it to the Republicans for their adherence to "big government" principles you.........voted for a another longtime Republican who brought the federal government to a standstill over a BJ. But at least he has an "L" after his name! He's obviously different now!

[In-A-Gadda-Levitre]

You believe your sources and intuitions, I'll believe mine.

This is another thing I believe. It is the federal government's right under the 16th amendment to take from Peter and Paul to provide for the legitimate responsibilities of the government as delineated in the Constitution. It is not government's obligation nor duty to take from Peter to give to Paul in order to improve Paul. That by nature is socialism. It is capitalism that made this country economically great.

it's too bad that you ignore the real positions that are verified by impartial organizations and believe partisan shock jocks on the radio as your main source of information

[Nanker]

it's too bad that you ignore the real positions that are verified by impartial organizations and believe partisan shock jocks on the radio as your main source of information

It's too bad you swallow the propaganda from the Dems.

 

Please do yourself a favor and report back to those sources of yours, that Mr. Obama was just on my television set during the halftime of the Florida-Georgia game saying that "families earning less than $200,000.00 would be getting a tax cut."

 

If you believe that number can't and won't change, you're very naive and gullible.

 

And Mr. Levin isn't a "shock jock", he's a wack job for sure, but he's my kind of wack job.

[In-A-Gadda-Levitre]

It's too bad you swallow the propaganda from the Dems.

 

Please do yourself a favor and report back to those sources of yours, that Mr. Obama was just on my television set during the halftime of the Florida-Georgia game saying that "families earning less than $200,000.00 would be getting a tax cut."

 

If you believe that number can't and won't change, you're very naive and gullible.

 

And Mr. Levin isn't a "shock jock", he's a wack job for sure, but he's my kind of wack job.

I guess factchecker and TPC swallowed the same junk.

 

As much as I don't like McCain and his campaign, I don't profess to know how he might change in the future, so I can only go by what he says today. The same with Obama. The dems don't have an exclusive on changing strategies due to economic or political realities.

 

enjoy your wack job, but clean up after...

[Albany,n.y.]

Are you all there or just born ignorant?

 

 

Why is it that you can get it through your thick skull that....I do not support obama...but does not obligate me to defend Palin's comments... I never said that I support her in anY WAY.

 

 

Is anyone else here confused about this, it seems simple and I have now spoonfeed it to him/her 3 times.

 

Is it just 'Albany , NY' or could there posibly be more than one person on the same forum that cannot grasp something so simple.

 

If you have another way of dumbing this down please feel free to help because I cannot seem to get it through his/her skull.

OK then, please explain why you bolded and enlarged the part about the 1st amendment. What was your point? Or are you just a complete A hole?