Dante once said that the hottest places in hell are reserved for those who in a period of moral crisis maintain their neutrality. -- John F. Kennedy
Tuesday, September 16, 2008
The Chart
3 comments:
Anonymous
said...
Obama claims his proposal would lower taxes for 95 percent of Americans, but well over 43 million tax returns, one-third of all those filed, already reflect an income tax liability of zero. In fact, Obama says, his plan would eliminate income taxes for an additional 10 million taxpayers. What he is really proposing, therefore, is not tax relief but a bald transfer of cash - $1,000 per family, he pledges - from the wealthiest Americans to everyone else. In 1972, George McGovern advocated something similar - a $1,000 "demogrant" for every US citizen. Just last year, Hillary Clinton suggested that the government start off every new baby with a $5,000 savings account. Voters didn't take the bait when McGovern and Clinton offered it. Here's betting they won't take it now.
Your chart horrifies me. How ludicrous is it that the bottom level of Americans who pay NO TAXES, get all the help, will get a 'redistribution of wealth' and you posted this as proof of a 'good thing'. Socialism at its finest.
I love people who want something for nothing. Only in American, in France,...........hmmm......
1) History: When it comes to cutting taxes, Barack Obama is a virgin. He has never voted for a tax cut in his legislative life. He has had 94 opportunities to vote for a tax cut in his Senate career, and he has voted no each and every time. When you have a long history of voting to raise taxes, you can’t convince voters that you are a born-again tax-cutter. Sorry. Nice try.
2) Actual plan: According to independent analysts, his tax hikes will make America’s tax rates the highest in the world. The Heritage Foundation said this: “Sen. Obama's new tax rate would give the United States one of the highest tax rates among developed countries. Currently only six of the top 30 industrial nations have a tax rate for all levels of government combined of over 55 percent. Under this tax plan, the United States would join this group and have a higher top rate than such high-tax nations as Sweden and Denmark. The top marginal rate would exceed 60 percent with the inclusion of state and local taxes, which means that only Hungary would exceed Sen. Obama's new proposed top tax rate.”
3 comments:
Obama claims his proposal would lower taxes for 95 percent of Americans, but well over 43 million tax returns, one-third of all those filed, already reflect an income tax liability of zero. In fact, Obama says, his plan would eliminate income taxes for an additional 10 million taxpayers. What he is really proposing, therefore, is not tax relief but a bald transfer of cash - $1,000 per family, he pledges - from the wealthiest Americans to everyone else. In 1972, George McGovern advocated something similar - a $1,000 "demogrant" for every US citizen. Just last year, Hillary Clinton suggested that the government start off every new baby with a $5,000 savings account. Voters didn't take the bait when McGovern and Clinton offered it. Here's betting they won't take it now.
Your chart horrifies me. How ludicrous is it that the bottom level of Americans who pay NO TAXES, get all the help, will get a 'redistribution of wealth' and you posted this as proof of a 'good thing'. Socialism at its finest.
I love people who want something for nothing. Only in American, in France,...........hmmm......
From John Feehery www.thefeeherytheory.com
1) History: When it comes to cutting taxes, Barack Obama is a virgin. He has never voted for a tax cut in his legislative life. He has had 94 opportunities to vote for a tax cut in his Senate career, and he has voted no each and every time. When you have a long history of voting to raise taxes, you can’t convince voters that you are a born-again tax-cutter. Sorry. Nice try.
2) Actual plan: According to independent analysts, his tax hikes will make America’s tax rates the highest in the world. The Heritage Foundation said this: “Sen. Obama's new tax rate would give the United States one of the highest tax rates among developed countries. Currently only six of the top 30 industrial nations have a tax rate for all levels of government combined of over 55 percent. Under this tax plan, the United States would join this group and have a higher top rate than such high-tax nations as Sweden and Denmark. The top marginal rate would exceed 60 percent with the inclusion of state and local taxes, which means that only Hungary would exceed Sen. Obama's new proposed top tax rate.”
Just what is he going to do for America???
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