McCain: Middle-Class Tax Cut is 'Welfare'

[britty 1]

First of all absolutely nobody should be getting a tax break considering the country is really struggling financially. Save that tax break and use it to provide UHS, adequate unemployment benefits, disability allowances and so on.

Then, anyone in the highest tax bracket should probably pay more tax. I would say at least 45%. Anyone earning over $200K complaining about money (tax) is a joke. Especially considering all of the freakin loopholes to minimize tax that people in that tax bracket have and use.

When a country gives people the opportunity and allows someone to earn $250K+; as a decent citizen and a moral human being, we should pay our fair share back into the system.

Socialist much? I already pay a shedload of tax into the system which is more than my "fair share". You go ahead and distribute your income as you see fit and I will simply continue to use a really really good CPA.....

[Heracles 417]

We're in agreement here. I acknowledged that the "give the little man a buck to put back into the economy" approach will only have limited success if the goods and services purchased with that buck were made outside of the country. Infrastructure is where the country has a great need of investment and that would create jobs here at home. Of the two candidates, Obama is the one recognizing this need and the benefit of such investment. Just one more reason to vote for him over McSame.

Obama gets it because he is worldly. The number of people I met who have never traveled or traveled to places like South America, no offense people, and then come back and think wow America is the greatest never fails to amuse me. He is also young. McCain is older than my freakin dad and he is old. While we should learn from the elderly, wisdom is power and stops history from repeating itself, they need to stand back and let the future generation decide where we want to go. Not where they want us to go.

Have a look at Dubai, Hong Kong, Sydney, Melbourne (aus), Tokyo, Vancouver and then look at any US city. This is not bragging or giving ####### but showing the state and the reality of the United States when compared with other developed places. The country has suffered the same fate as the car industry here. Where for 80 years they thought they where on top of the world, the best of the best, only to wake up one day and see the likes of Honda and Toyota kick their ###, while they are on the verge of bankruptcy. How many times does this need to play out in this country before people wake up and realize hey we don't know everything and there are other people out there, overseas, who are doing better than us. Therefore why not learn from them.

When I hear McCain say "we are Americans and bla bla bla". I think back to square one for the United States..

[Danno 1,228]

<<<<Obama has said his tax policies would cut payments for 95 percent of working Americans, while increasing them only for families making more than $250,000 a year.>>>>

A bold face lie.

How can he give 95% of working people a tax break if 30% of working people pay no tax now and in fact collect a "earned income tax credit" which is a rebate on money never even paid.

2nd point.

We have been hearing the left cry for 6 years about Bush giving a tax break when we are at war.

Now all of a sudden Obama comes out with his tax break and the left stands there with their jaw slack, marveling at his brilliance.... or is he going to put it on hold until all the troops are home?

"

[Mr. Big Dog 10,747]

What, exactly, is a tax cut to Americans that already pay no tax?

A middle class tax cut may not be welfare, but is certainly does amount to aidin' and abettin' the enemy.

Well, this middle class family needs some aidin' and abettin'. Seriously.

** McSame's lame campaign. Send him into retirement and her back to Alaska where she can be doin' some Russia watchin' for all I care.

Excuse me, but I happen to pay taxes.

Bailing out companies that pay multi-millions to executives while they run the firms into the ground and then wanting to afford those same executives additional income by reducing their tax burden is what I'd call welfare. And that's the kind of welfare that's neither needed nor helpful. It's grossly misguided welfare. And it's the kind of welfare that George W Bush, John McSame and the GOP at large stand for. That's got to stop. And it will.

[Heracles 417]

Socialist much? I already pay a shedload of tax into the system which is more than my "fair share". You go ahead and distribute your income as you see fit and I will simply continue to use a really really good CPA.....

I am in the highest tax bracket and I do not have a problem paying my fair share to help the country out. I have seen what it does when spent wisely and the results speak for themselves.

The wealthy act like someone is stealing their money. Poor babies. I guess underpaying the low end worker in a company you own or own shares in is not stealing hey. The minimum wage for an adult in America should be $13 an hour. If that means people we need to start charging more to pay for a fair wage then yes this should happen. We need to get over exploiting people so our kids can have an Ipod. Same goes with the rich using illegal immigrants to lower their costs, increase their profits while screwing over other Americans who could have this job and put food on their table.

[Heracles 417]

Bailing out companies that pay multi-millions to executives while they run the firms into the ground and then wanting to afford those same executives additional income by reducing their tax burden is what I'd call welfare. And that's the kind of welfare that's neither needed nor helpful. It's grossly misguided welfare. And it's the kind of welfare that George W Bush, John McSame and the GOP at large stand for. That's got to stop. And it will.

And you saw what they did with that. Used it to go on a $400,000 vacation. They bankrupted the company then get a vacation. Try missing a few payments on a CC bill and check out the vacation you get.. Plus we get a mark on out credit report for 7 or 8 years. These guys are free to go run another company the next day.

If an executive team negligently bankrupts a company they should be banned from running another business for 5 years, at least. Plus their personal assets over x should be sold and used to pay the creditors and staff, as legislated in AUS after Enron. Slaps corruption in the face overnight.

The concept is not against capitalism or is socialist. It is called fair business practices.

Edited October 19, 2008 by Aficionado

[britty 1]

Socialist much? I already pay a shedload of tax into the system which is more than my "fair share". You go ahead and distribute your income as you see fit and I will simply continue to use a really really good CPA.....

I am in the highest tax bracket and I do not have a problem paying my fair share to help the country out. I have seen what it does when spent wisely and the results speak for themselves.

The wealthy act like someone is stealing their money. Poor babies. I guess underpaying the low end worker in a company you own or own shares in is not stealing hey. The minimum wage for an adult in America should be $13 an hour. If that means people we need to start charging more to pay for a fair wage then yes this should happen. We need to get over exploiting people so our kids can have an Ipod. Same goes with the rich using illegal immigrants to lower their costs, increase their profits while screwing over other Americans who could have this job and put food on their table.

ALL taxpayers pay their fair share. They do not get to offer what they think is fair, the government decides for them. The government has decided that I am in the highest tax bracket and so they tax accordingly. My point is, if you are already paying what the government feels is your "fair share", then any additional funds to support the areas you mention above should be a donation. I already support a local dog rescue charity with a generous annual donation so maybe you should donate to those you feel are not paid enough or who are exploited.

[Mr. Big Dog 10,747]

Socialist much? I already pay a shedload of tax into the system which is more than my "fair share". You go ahead and distribute your income as you see fit and I will simply continue to use a really really good CPA.....

I am in the highest tax bracket and I do not have a problem paying my fair share to help the country out. I have seen what it does when spent wisely and the results speak for themselves.

The wealthy act like someone is stealing their money. Poor babies. I guess underpaying the low end worker in a company you own or own shares in is not stealing hey. The minimum wage for an adult in America should be $13 an hour. If that means people we need to start charging more to pay for a fair wage then yes this should happen. We need to get over exploiting people so our kids can have an Ipod. Same goes with the rich using illegal immigrants to lower their costs, increase their profits while screwing over other Americans who could have this job and put food on their table.

ALL taxpayers pay their fair share. They do not get to offer what they think is fair, the government decides for them. The government has decided that I am in the highest tax bracket and so they tax accordingly. My point is, if you are already paying what the government feels is your "fair share", then any additional funds to support the areas you mention above should be a donation. I already support a local dog rescue charity with a generous annual donation so maybe you should donate to those you feel are not paid enough or who are exploited.

If ALL taxpayers pay their fair share as you claim, then how is it that Warren Buffet pays a lower tax rate than his secretary and cleaner? I don't see that as a fair system. Not even close.

Edited October 19, 2008 by Mr. Big Dog

[britty 1]

Socialist much? I already pay a shedload of tax into the system which is more than my "fair share". You go ahead and distribute your income as you see fit and I will simply continue to use a really really good CPA.....

I am in the highest tax bracket and I do not have a problem paying my fair share to help the country out. I have seen what it does when spent wisely and the results speak for themselves.

The wealthy act like someone is stealing their money. Poor babies. I guess underpaying the low end worker in a company you own or own shares in is not stealing hey. The minimum wage for an adult in America should be $13 an hour. If that means people we need to start charging more to pay for a fair wage then yes this should happen. We need to get over exploiting people so our kids can have an Ipod. Same goes with the rich using illegal immigrants to lower their costs, increase their profits while screwing over other Americans who could have this job and put food on their table.

ALL taxpayers pay their fair share. They do not get to offer what they think is fair, the government decides for them. The government has decided that I am in the highest tax bracket and so they tax accordingly. My point is, if you are already paying what the government feels is your "fair share", then any additional funds to support the areas you mention above should be a donation. I already support a local dog rescue charity with a generous annual donation so maybe you should donate to those you feel are not paid enough or who are exploited.

If ALL taxpayers pay their fair share as you claim, then how is it that Warren Buffet pays a lower tax rate than his secretary and cleaner? I don't see that as a fair system. Not even close.

He is still paying substantially more in actual tax because his income is huge !! Even if he was taxed at a 10% rate for example, he would still be paying millions. Seems fair to me.

[Mr. Big Dog 10,747]

Socialist much? I already pay a shedload of tax into the system which is more than my "fair share". You go ahead and distribute your income as you see fit and I will simply continue to use a really really good CPA.....

I am in the highest tax bracket and I do not have a problem paying my fair share to help the country out. I have seen what it does when spent wisely and the results speak for themselves.

The wealthy act like someone is stealing their money. Poor babies. I guess underpaying the low end worker in a company you own or own shares in is not stealing hey. The minimum wage for an adult in America should be $13 an hour. If that means people we need to start charging more to pay for a fair wage then yes this should happen. We need to get over exploiting people so our kids can have an Ipod. Same goes with the rich using illegal immigrants to lower their costs, increase their profits while screwing over other Americans who could have this job and put food on their table.

ALL taxpayers pay their fair share. They do not get to offer what they think is fair, the government decides for them. The government has decided that I am in the highest tax bracket and so they tax accordingly. My point is, if you are already paying what the government feels is your "fair share", then any additional funds to support the areas you mention above should be a donation. I already support a local dog rescue charity with a generous annual donation so maybe you should donate to those you feel are not paid enough or who are exploited.

If ALL taxpayers pay their fair share as you claim, then how is it that Warren Buffet pays a lower tax rate than his secretary and cleaner? I don't see that as a fair system. Not even close.

He is still paying substantially more in actual tax because his income is huge !! Even if he was taxed at a 10% rate for example, he would still be paying millions. Seems fair to me.

If a guy that makes 46MM pays a significantly lower percentage of that income in taxes than his secretary who is paid 60K, then fairness is out the window. Or are you suggesting that a guy that makes that kind of money should pay the same net amount in taxes as a person that makes a tiny fraction of his income?

[w¡n9Nµ7 §£@¥€r 123]

ALL taxpayers pay their fair share.

If ALL taxpayers pay their fair share as you claim, then how is it that Warren Buffet pays a lower tax rate than his secretary and cleaner? I don't see that as a fair system. Not even close.

Seems fair to me.

[Sofiyya 1,687]

Socialist much? I already pay a shedload of tax into the system which is more than my "fair share". You go ahead and distribute your income as you see fit and I will simply continue to use a really really good CPA.....

I am in the highest tax bracket and I do not have a problem paying my fair share to help the country out. I have seen what it does when spent wisely and the results speak for themselves.

The wealthy act like someone is stealing their money. Poor babies. I guess underpaying the low end worker in a company you own or own shares in is not stealing hey. The minimum wage for an adult in America should be $13 an hour. If that means people we need to start charging more to pay for a fair wage then yes this should happen. We need to get over exploiting people so our kids can have an Ipod. Same goes with the rich using illegal immigrants to lower their costs, increase their profits while screwing over other Americans who could have this job and put food on their table.

ALL taxpayers pay their fair share. They do not get to offer what they think is fair, the government decides for them. The government has decided that I am in the highest tax bracket and so they tax accordingly. My point is, if you are already paying what the government feels is your "fair share", then any additional funds to support the areas you mention above should be a donation. I already support a local dog rescue charity with a generous annual donation so maybe you should donate to those you feel are not paid enough or who are exploited.

If ALL taxpayers pay their fair share as you claim, then how is it that Warren Buffet pays a lower tax rate than his secretary and cleaner? I don't see that as a fair system. Not even close.

Warren Buffett is free to write as many big checks as he wants to pay the government what he considers to be his fair share. I can tell you right now that I am not obligated to pay for people who just want extra money, and I'll not be giving Obama any opportunity to use my money to promote his vision of socialism.

People who do not pay income tax, yet receive a check from the IRS in this ponzie scheme of income redistribution will gain no incentive to do better for themselves when they can just receive more free money. Well, that money has to come from somewhere, and that somewhere is fellow citizens. The government makes no money, so it has none of its own to give away.

I'm amazed at people who voluntarily give up part of their paycheck interest free to the US treasury and consider it a bonus when they receive a refund. That money could be earning interest somewhere else, but the lack of financal education in this country allows people to think and act in that ways that undermine the building of wealth. Then, they're mad about people who do understand how moey works and that they can make it work for them instad of having to work sohard for it.

Business owners, like myself, write a check every quarter to the government for taxes. If the general populace had to do the same rather than having it taken out of a paycheck before they get it, they would howl! Withholding has put blinders on the masses as to how much they give up for free. Instead of demanding better stewardship for their sacrifice, rather than toerating so much government waste, they are lead to believe that rich people are the problem, and it is they who should pay for the inequality.

Well, a lot of the rich are not going to sit by and take it, that is for sure. Options are available to businesses and rich individuals that those with their hands out don't even know about. Many of those who vote for socialism will find themselves out of a job. This is not a threat, it is a promise. Why? Because life isn't fair, and that's the truth.

[Sofiyya 1,687]

Socialist much? I already pay a shedload of tax into the system which is more than my "fair share". You go ahead and distribute your income as you see fit and I will simply continue to use a really really good CPA.....

I am in the highest tax bracket and I do not have a problem paying my fair share to help the country out. I have seen what it does when spent wisely and the results speak for themselves.

The wealthy act like someone is stealing their money. Poor babies. I guess underpaying the low end worker in a company you own or own shares in is not stealing hey. The minimum wage for an adult in America should be $13 an hour. If that means people we need to start charging more to pay for a fair wage then yes this should happen. We need to get over exploiting people so our kids can have an Ipod. Same goes with the rich using illegal immigrants to lower their costs, increase their profits while screwing over other Americans who could have this job and put food on their table.

ALL taxpayers pay their fair share. They do not get to offer what they think is fair, the government decides for them. The government has decided that I am in the highest tax bracket and so they tax accordingly. My point is, if you are already paying what the government feels is your "fair share", then any additional funds to support the areas you mention above should be a donation. I already support a local dog rescue charity with a generous annual donation so maybe you should donate to those you feel are not paid enough or who are exploited.

If ALL taxpayers pay their fair share as you claim, then how is it that Warren Buffet pays a lower tax rate than his secretary and cleaner? I don't see that as a fair system. Not even close.

He is still paying substantially more in actual tax because his income is huge !! Even if he was taxed at a 10% rate for example, he would still be paying millions. Seems fair to me.

If a guy that makes 46MM pays a significantly lower percentage of that income in taxes than his secretary who is paid 60K, then fairness is out the window. Or are you suggesting that a guy that makes that kind of money should pay the same net amount in taxes as a person that makes a tiny fraction of his income?

Consider this: He has a secretary and a cleaner because he creates jobs and takes risks. How much of a payroll is his secretary supporting? How much of the success or failure of the business she works for is her responsibility ?

[Mr. Big Dog 10,747]

Socialist much? I already pay a shedload of tax into the system which is more than my "fair share". You go ahead and distribute your income as you see fit and I will simply continue to use a really really good CPA.....

I am in the highest tax bracket and I do not have a problem paying my fair share to help the country out. I have seen what it does when spent wisely and the results speak for themselves.

The wealthy act like someone is stealing their money. Poor babies. I guess underpaying the low end worker in a company you own or own shares in is not stealing hey. The minimum wage for an adult in America should be $13 an hour. If that means people we need to start charging more to pay for a fair wage then yes this should happen. We need to get over exploiting people so our kids can have an Ipod. Same goes with the rich using illegal immigrants to lower their costs, increase their profits while screwing over other Americans who could have this job and put food on their table.

ALL taxpayers pay their fair share. They do not get to offer what they think is fair, the government decides for them. The government has decided that I am in the highest tax bracket and so they tax accordingly. My point is, if you are already paying what the government feels is your "fair share", then any additional funds to support the areas you mention above should be a donation. I already support a local dog rescue charity with a generous annual donation so maybe you should donate to those you feel are not paid enough or who are exploited.

If ALL taxpayers pay their fair share as you claim, then how is it that Warren Buffet pays a lower tax rate than his secretary and cleaner? I don't see that as a fair system. Not even close.

He is still paying substantially more in actual tax because his income is huge !! Even if he was taxed at a 10% rate for example, he would still be paying millions. Seems fair to me.

If a guy that makes 46MM pays a significantly lower percentage of that income in taxes than his secretary who is paid 60K, then fairness is out the window. Or are you suggesting that a guy that makes that kind of money should pay the same net amount in taxes as a person that makes a tiny fraction of his income?

Consider this: He has a secretary and a cleaner because he creates jobs and takes risks. How much of a payroll is his secretary supporting? How much of the success or failure of the business she works for is her responsibility ?

Oh please, not this shite. Now we all gotta shut up because presumably we ordinary people suck on some rich guy's teat? Give me a fcuking break. The question is not how much payroll a secretary or cleaning person is supporting but how much of Buffet's valuable time these people save him. He's not employing them out of charity but out of necessity to run his business. He's making a profit on their employment. Otherwise he wouldn't be a successful businessman. Warren Buffet understands this. You, quite obviously, do not.

[Sofiyya 1,687]

Oh please, not this shite. Now we all gotta shut up because presumably we ordinary people suck on some rich guy's teat? Give me a fcuking break. The question is not how much payroll a secretary or cleaning person is supporting but how much of Buffet's valuable time these people save him. He's not employing them out of charity but out of necessity to run his business. He's making a profit on their employment. Otherwise he wouldn't be a successful businessman. Warren Buffet understands this. You, quite obviously, do not.

You're the one who doesn't get it, but then, you're a teet sucker. It's hard to see the big picture when you're attached to one part.