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Obama's tax plan would reduce 95% of Americans taxes, why does McCain claim Obama 's going to raise taxes?
Is the majority of McCain audience the top 1% or is he trying to continue Bush's tactics of fear? Other then McCain claiming what Obama's plan for taxes are, has McCain given his won? What link, or where can I find it?
cold hard fact, then you would agree that McCains repeat of the Bush tax plan the one that takes the burden of the top one % and places it on the middle class is more then a poor idea or double standard as you put it,; its wrong
18 Answers
- Katie SLv 51 decade agoFavorite Answer
Because ... Anyone who has more that a 10th grade education, KNOWS that for JUNIOR U.S. Senator Obama to keep his political "promises", that he will HAVE to RAISE ALL TAXES !!! ... And How will he finance his Global Poverty Act (S.2433) ???
From another user - -
The MAIN, bad idea of Obama, that I believe ALL True Americans should research and READ is .. Obama's Global Poverty Act (S.2433) which will surrender America's sovereignty to the United Nations !!
I .. HAVE .. and .. WILL .. Vote for the BEST person for the job !!
JUNIOR U.S. Senator Obama is NOT the Best person to be THE President of THE United States of America !!!
.
Why would WE want ANYONE that does not have ANY mangerial experience to TRY to be THE President of THE United States of America ???
Can YOU get over the FACT that JUNIOR U.S. Senator Obama IS going to turn over the sovereignty of the United States to the United Nations ???
ALL ... TRUE Americans need to READ the Global Poverty Act (S.2433) !!!
.
Governors MANAGE ENTIRE STATES !!!
JUNIOR U.S. Senators TRY to Legislate !!!
JUNIOR U. S. Senator Obama did NOT complete his FIRST term in office !!
... with just 143 days of ACTUAL experience
... HE decided
... that he DESERVED to be THE President of THE United States of America !!!
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JUNIOR U.S. Senator Obama, the Unions, and the Democrats are sending messages to big business to downsize in America and send more jobs to foreign countries.
Brilliant ideas from JUNIOR U.S. Senator Obama, the Democrats and the Unions (SARCASM) !!!!
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MOST JUNIOR U.S. Senator Obama Supporters do NOT care about his ideals and policies ... they JUST WANT AN AFRICAN AMERICAN as President !!!
I have NO problem voting for an African American or a woman or any other minorty as long as they are the BEST PERSON for the position !!!
JUNIOR U.S. Senator Obama is NOT the BEST person to be OUR President of THE United States of America !!
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JUNIOR U.S. Senator Obama is ANTI-American.
WE NEED to start doing the "REPORT ABUSE" Button on the ABUSIVE Obama Supporters for EVERY LITTLE ... POSSIBLE ... Violation, like they do to the rest of the people on here !!!!
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This DOES make a LOT of sense !!!
ALL Americans should READ Obama's Global Poverty Act (S.2433) ... He is wanting to give America's sovereignty over to the United Nations !!!
Alaska Govermor Sarah Palin has MORE TOTAL political experience than Obama!!
KS1982
- 1 decade ago
As you said, McCain only cares about the top 1%. Obama's tax plan reduces taxes for 95% of families, or as some say 83%+ of Americans. Obama will only raise taxes for the rich. Taxing the rich 10% brings much more money than taxing the poorer 90% so they can spend the extra money to pay debts off.
McCain is a liar. He said in the Obama Celebrity ad that Obama has a electricity tax. Which is a complete lie.
More Info:
1) When it says that Obama voted "to raise taxes on people making just $42,000," that was on a non-binding budget resolution vote that didn't actually raise or lower taxes. From Factcheck.org: "The resolution does not contain a specific provision to raise tax rates, but rather assumes that most of the 2001 and 2003 tax cuts expire as scheduled in 2011."
2) According to Obama's economic plan, he would raise taxes only on those making more than $250,000 per year, and would provide tax cuts to those making less than that. Factcheck.org: "Obama has stated repeatedly that his plan would increase taxes only for those making more than $250,000 per year."
Source(s): http://firstread.msnbc.msn.com/archive/2008/08/08/... http://blog.washingtonpost.com/the-trail/2008/07/3... - 1 decade ago
The Washington Post did a comparison between their proposed tax plans and it can be found on their website.
As far as the comparison goes, Obama plans to greatly increase taxes for the richest 1% of Americans, proposing increases as high as $700,000. McCain proposes his biggest tax break for the richest 1%, and greatly decreases the tax breaks as he descends down the chain. However, Obama's tax cut does appear beneficial to the majority, and equalizes if not becomes more beneficial than McCain's at the upper-middle class level, and definitely gives a greater tax break for the middle and lower classes.
As far as other comments, claiming that Obama would increase social programs, I would point out that one of the biggest/arguably most wasteful social programs, military and defense, would be continued by McCain, costing Americans trillions more.
- Cold Hard FactLv 61 decade ago
Because he is going to raise taxes on the other 5% so he can give it to the other 95%.
It is called income redistribution and it is one step closer to Marxism.
Also, most small businesses are chapter "S" corps and their taxes are filed as individual returns. Therefore, the plan also hurts small business.
Why is it that Liberals are OK with stealing money from people to give it to other people? Is it OK to steal from the poor and give it to the rich? Of course not!!! Then why is there this Double Standard?
Edit to asker's comments:
No. On the contrary I think there would be no double standard if everyone paid the same percentage of taxes. The double (or triple, quadruple...)standard exists already with our progressive tax system.
I am in favor of a flat tax or a fair sales tax.
Obama's plan will attempt to legislate economic equality instead of free market fairness. I tend to believe that one job may not be as valuable as another job. A doctor's work is far more valuable than a strawberry picker because the strawberry picker is more replaceable. I think that fairness means that people earn the monetary value of their work. It means that people get what they deserve, not everyone gets the same.
It is not the job of the government to decide to eliminate fairness in favor of economic equality. The rich don't deserve a higher tax rate, and the progressive tax should be canned.
Last, for the record, I am not by any means even remotely wealthy. But you don't have to be rich to recognize that they are being abused.
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- LikalotapusLv 41 decade ago
If lightening really struck liars, a lot of politicians would be electrocuted. Unless the President's job has become dictator, no matter which one is elected, they are helpless to change anything. That includes raising or lowering taxes. They can only ask the Congress for the bills and then they can approve them or veto them. I'm sorry that you believe all the campaign promises, but a quarterback can't win a game without the rest of the team backing him.
- Anonymous1 decade ago
Because there are enough "low information voters", especially on here, that they believe anything they hear on Fox.
Affects of John McCain Tax Plan (Average change in Federal Tax)
Bottom 20% - $20 less
Second 20% - $123 less
Middle 20% - $282 less
Fourth 20% - $512 less
Top 20% - $2826 less
Top 1% - $31,628 less
Top 0.1% - $190,653 less
Affects of Barack Obama Tax Plan (Average Change in Federal Tax)
Bottom 20% - $617 less
Second 20% - $959 less
Middle 20% - $969 less
Fourth 20% - $753 less
Top 20% - $7748 more
Top 1% - $133,715 more
Top 0.1% - $789,241 more
- Anonymous1 decade ago
Go look at something other than the Obama talking (lying) points. This is the biggest lie of the Obama campaign and the brainless mind numb robots just follow along like a lemming off a cliff!
My blood pressure is rising faster than a Democrats hot air baloon. Gotta take a break before the Pravda police come.
McCain/Palin '08
- 1 decade ago
The only reason for a tax increase would be because of having to find a way to pay off our deficit from the war.
- 1 decade ago
Obamas like all liberals is wild on promises but will be short on delivery. This is an old liberal promise *cut taxes for the middle class*, however just like all liberals he has a vast amount of social programs he wants to enact. And in the end the same group always ends up paying for it. And even if he cuts taxes on the middle class and raises taxes on people making 250 or more the middle class will still feel it. Prices will just rise to compensate for the higher taxes...and we will go on and on nothing really changing.
- Anonymous1 decade ago
When he said that at the RNC, he was talking to a crowd of elitists wearing $2,000 suits, that make over $250K per year.
Why a small town person thinks he's was talking to them is something I haven't figured out yet.
Source(s): I've been to a lot of small Texas and Alabama towns and I still haven't had any luck finding the Armani store. Where did all of the regular down home folks in the RNC crowd get their $2,000 business suits? Oh wait, I think I figured it out. The elites wearing the $2,000 suits that made up the RNC crowd are who the Neo-Cons are really looking out for, and the down home small town people are just strung along for their vote. Getting the small town vote is where the scare tactics come in. Ok, I see their strategy now.