How the presidental race will affect your taxes!
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keeping hangin out with this guy:
and I'm going to have to introduce you to this guy:
keeping hangin out with this guy:
and I'm going to have to introduce you to this guy:
i lol'd
Even if it was all about the money, tax % numbers dont mean absolutely anything
-if value of the dollar is going down, you wont care much if you are saving $7,871 on worthless money instead of paying $12 more and the rest of your profit actually having a value.
-if the economy is going down,(assuming your business revolves around the US economy), you wont care much if you are paying 20% instead of 30% in taxes if your sales are down by a half
-you wont care much if you are paying 20% tax instead of 30% if the laws are making it twice as hard to do business online...
-if value of the dollar is going down, you wont care much if you are saving $7,871 on worthless money instead of paying $12 more and the rest of your profit actually having a value.
-if the economy is going down,(assuming your business revolves around the US economy), you wont care much if you are paying 20% instead of 30% in taxes if your sales are down by a half
-you wont care much if you are paying 20% tax instead of 30% if the laws are making it twice as hard to do business online...
This statement is totally asinine. The less you make, the more important every little bit of money you are saving becomes to you.
I don't know many wealthy people clipping 30 cent cereal coupons.
yes, and the less you make, you will save more with obama anyways.
But, obviously, you dont want to even have to come to that, so would have pick who can improve the economy or ( since big part of the economy is what people think will happen) do a better job of convincing people that there will be change...
Yeah, sure buddy. History has proven that putting more money in the hands of the poor and stupid is the worst thing you can do to help them. They're poor for a reason.
To believe ANY candidate will bring change is like sticking your head up your own ass.
The McCain tax philosophy is incredibly flawed (although I can see why the currently-rich would try to tell themselves otherwise).
McCain believes that giving corporations and high-earners tax breaks will lead to prosperity trickling down to everyone else. Here's the problem -- a corporation's number one goal is to make as much money as it can while spending as little as it can. It is ridiculous on its face to expect such entities to "spread the wealth" by hiring more Americans or paying them more or opening more US-based production facilities et cetera. I'd wager that these incredible tax breaks have done and will do MORE to help the people of China or India than Americans.
Instead of doing what McCain is proposing (which makes very little economic sense with tax rates at their current historically low levels), it will be far more effective to bolster the demand side by meaningfully reducing the lower/middle class tax burden and putting more dollars into the pockets of the masses. Lift the economy by giving people the means to consume the goods and services that, surprise, help increase the bottom line of the companies selling them. Which will then result in a natural 'trickle down' effect.
It's insane that so many regular people have been deceived into thinking that the answer to the country's problems is... a massive handout to corporations and the already-rich. It'd be funny if it wasn't so sad.
McCain believes that giving corporations and high-earners tax breaks will lead to prosperity trickling down to everyone else. Here's the problem -- a corporation's number one goal is to make as much money as it can while spending as little as it can. It is ridiculous on its face to expect such entities to "spread the wealth" by hiring more Americans or paying them more or opening more US-based production facilities et cetera. I'd wager that these incredible tax breaks have done and will do MORE to help the people of China or India than Americans.
Instead of doing what McCain is proposing (which makes very little economic sense with tax rates at their current historically low levels), it will be far more effective to bolster the demand side by meaningfully reducing the lower/middle class tax burden and putting more dollars into the pockets of the masses. Lift the economy by giving people the means to consume the goods and services that, surprise, help increase the bottom line of the companies selling them. Which will then result in a natural 'trickle down' effect.
It's insane that so many regular people have been deceived into thinking that the answer to the country's problems is... a massive handout to corporations and the already-rich. It'd be funny if it wasn't so sad.
All those poor people are going to do with their newfound wealth is blow it on Chinese/Mexican made junk at Walmart.
Let's face it, the money will end up there no matter who gets it.
Even that scenario is still far better than propping up Walmart with an irresponsible tax break. Consumers with "extra" cash tend to buy more and are more confident; when lots of consumers are behaving this way, an economy can get back on its feet in a natural and fundamentally sound way. Handing out billions of dollars to corporations and hoping that they do the unnatural -- spend more money on their operations despite stagnant demand for goods and services -- makes absolutely no sense.
People fall for it because the Republican party is "aspirational," sort of like how to the masses a Benz is aspirational. Everyone wants xenon headlights on their cars. Solidly middle class people want to identify with rich Republican folk and their "problems" by complaining about a "socialist" tax code that "takes away their hard earned money," despite the fact that the hated "librul" proposal will actually put MORE money in their pockets. Ugly soccer moms want to be Sarah Palin. And thus I will not be terribly surprised if we're talking about President-Elect McCain come November 5th. Sad, sad, sad.
HarveyJ
He is - THE CACTUS!
Wow... Disingenuous comment of the year or what.
The democratic system America enjoys was pretty much coming into its own all over the industrialized world at the same time.
Almost exactly the same time for the French, and the English had already begun moving towards a more democratic system at that time as well.
As it is, none of those countries enjoy a true democracy. It's a representational democracy at best, particularly a voting isn't compulsory.
I'd be interested to see what an American election turn out would be like if it was mandatory for people to show up at a polling station, like it is here.
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