Confused Yet?

Posted: November 1, 2008 in Economy, Politics

I’m in a bit of a hurry this morning, so I’ll throw these links up for now and perhaps comment on them later.


Senator Obama’s Four Tax Increases for People Earning Under $250k


Obama’s New Attack on Those Who Don’t Want Higher Taxes: ‘Selfishness’

I’ll just repost part of a comment I made earlier today.

The basic problem that I have with this is that regardless if a single-filer makes $200k, $150k, or $120k, those benchmarks are now considered the new “rich”. And if folks in that tax bracket do not want to pay HIGHER taxes, Obama considers that belief as ’selfish’. Obama is making a very bad and inaccurate assumption here that those HE considers “rich” are not busting their butt (JUST LIKE FOLKS WHO ARE MAKING LESS THAN HIS BENCHMARK) to make what they make.

Add a couple of kids in college in this equation and that individual or family would no longer be considered ‘rich’ in Obama’s world, but will still be taxed as if they were.

Lastly, according to Obama’s own commercial FAMILIES making less that $200k will not see a tax cut, not individuals.

Alright, just one more thing.

I had to chuckle to myself recently after talking with two of my friends who are avid Obama supporters. The topic of taxes came up and for a brief moment became confused whether or not the number was $250k or $150k (both of them make close to the $150k figure). Thinking for a moment that the $150k ‘benchmark’ was accurate, they thought Obama was crazy. After one of them remembered $250k figure, both of them breathed a sigh of relief.

The problem I have with this mindset is what if a great opportunity came their way where their income pushed them past the ever-changing tax threshold? Would they still think Obama was ‘crazy’, or would they come up with yet another justification?

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Comments
  1. Wil says:

    Obama’s promise of tax cuts for most people is better than McCain’s promise of ….well, now that I think of it, McCain promises nothing concrete. Also, a person who voted against Martin Luther King’s memorial holiday (McCain) is not someone who I want looking out for my interests.

  2. anji says:

    Just like any family member, they’ll confuse you sometimes and you’ll sometimes think they’re crazy or just lost their damn minds BUT with that said you still somewhat get the gist of what they’re saying and STILL have nothing but love for them. I feel this way about Obama- he’ll do good things. This country was built on taxes so what’s the big deal, we’ll have to pay somewhere along his journey. I better understand what Obama has on the table than McCain.

  3. Duane says:

    now that I think of it, McCain promises nothing concrete

    Now s’plain to me how Obama’s promises are concrete–especially how raising the tax rate on (for the sake of argument) those making $250k is going to pay for at least half of what he is promising.

    I think the latter half of your comment reveals more of your reasoning behind your support of Obama because based on your earlier comment, you at least get how Obama’s definition of ‘rich’ is too low.

    anji,

    What you just said here makes absolutely no sense at all. NONE!

    We’re not talking about the babblings of some semi-senile family member. We are talking about a person who not only has a record of raising taxes on the middle class, but (if elected) has made it clear via his own record, statements and statements via his surrogates that taxes will go up across the board under his administration. Yes, everybody has to pay taxes, but raising them is the last thing we need–especially in this economy.

    Now if you just love the man and the fact that he is on the verge of being the first Black man as president, then just say that.

    What I will say is that I think your comment completely NAILS the thoughts and feelings of many out there in our community who strongly differ with him on things like taxes and abortion, yet are still pulling the leaver for him.

  4. anji says:

    “What I will say is that I think your comment completely NAILS the thoughts and feelings of many out there in our community who strongly differ with him on things like taxes and abortion, yet are still pulling the leaver for him.”

    There a more things to Obama than taxes and abortion and possibly being the first Black president. I disagree less w/Obama than I do with McCain.

    Still confused?

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