Baseball, Apple Pie, the Flag…
"We want to take money and put it back in the pocket of middle-class people," Sen. Joe Biden, D-Del., told ABC News’ Kate Snow this morning on "Good Morning America."
What does that mean, "take money" and put it elsewhere?
"Anybody making over $250,000 — " Snow said.
"Is going to pay more," Biden finished.
"Is going to pay more," Snow repeated.
"You got it," said Biden. "It’s time to be patriotic, Kate. Time to jump in. Time to be part of the deal. Time to help get America out of the rut. And the way to do that is, they’re still going to pay less taxes than they did under Reagan."
The McCain-Palin campaign immediately pounced.
“Higher taxes and bigger government is not patriotic, it’s a prescription for fewer American jobs and greater economic hardship," said McCain-Palin campaign spox Tucker Bounds. "In case there is any confusion, when Barack Obama’s campaign describes tax increases as ‘patriotic,’ they plan to raise taxes and slow job growth.”
- jpt
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Sounds like Joe Biden has taken over the Straight Talk Express.
You go, Joe. Tell it like it is.
Never before has the government lowered taxes during time of war. No need to sacrifice everybody. Just go about your business.
Wake up! Enough!
Posted by: Blue in Michigan | September 18, 2008, 10:39 am 10:39 am
“The Real Scoop On Palin’s Staged Town Hall Meeting — Another Pretend Moment!
So, what was the catch? Unlike most town-hall events, which are open to the public, include diverse crowds, and no one needs an advance invitation, this event was for ticket-holders only. And the only way to get a ticket was through the local Republican Party, after an advance RSVP. No wonder Palin was prepared to play “stump the candidate” — it was a very friendly crowd that had no interest in testing her.
It doesn’t exactly sound like a vote of confidence in the candidates’ ability to answer tough questions, does it?”
How long will the GOP continue to get away with lying, cheating and deceiving the American people?
Posted by: Angellight | September 18, 2008, 10:42 am 10:42 am
Angellight – You’re exactly right. I live in West Michigan. That “town hall” meeting was a prop.
No open to the public events for McCain. It’s all a stage.
They need to protect Palin. Her “answers” were pathetic.
Posted by: Blue in Michigan | September 18, 2008, 10:48 am 10:48 am
Why so sad Joe Biden? Don’t feel good about lying? Poor Joe’s conscience is bothering him.
Posted by: geevill | September 18, 2008, 10:49 am 10:49 am
“I imagine [Bounds] got his position through nepotism … “
Posted by: Belle Starr | September 18, 2008, 10:52 am 10:52 am
“this [Palin]event was for ticket-holders only.”
Posted by: Belle Starr | September 18, 2008, 10:54 am 10:54 am
don’t these treasonous democrats know anything? BAILOUTS and DEBT: THAT’s the patriotic way!
Posted by: mm | September 18, 2008, 10:55 am 10:55 am
now that is where the straight talk express went when the Mccain camp traded it out for the new one from Charles Keating and the deregulation lobby.
Posted by: dl | September 18, 2008, 10:55 am 10:55 am
What’s the problem with what he said?
If you are making more than 250,000$ a year… you should be grateful.
Republicans don’t get bent out of shape when 4000 Americans are killed in Iraq…
But they start screaming bloody murder if you touch their money. (But I suppose it would be different if it was rich people dying in Iraq…)
What a whack job that Tucker Bounds is.
Posted by: Blip | September 18, 2008, 10:56 am 10:56 am
How patriotic is Biden? He’s not very charitable. Didn’t he donate 5 bucks? Not very patriotic. Pathetic. Hell, I give more than that & since I don’t make 250 thou we considered po’.
Posted by: rockthebleachers | September 18, 2008, 10:57 am 10:57 am
mm
did you just say
“do the DEMOCRATS know anything about bailouts and debt?”
yeah I think you need to take your head out from where it is and look out at the country…
it is REPUBLICANS that seem to know those two things REALLY WELL
just like they did with deregulation and Charles Keating.
You know aka “deregulation and bail outs : The Early years”
Mccain helped write that one too.
Posted by: dl | September 18, 2008, 10:58 am 10:58 am
Sounds like taxation without representation… should we be getting ready for our version of the Boston tea party…be patriotic, pay more taxes…stupidest thing I have heard this whole campaign…and that’s saying something!
Posted by: samhiguchi | September 18, 2008, 10:58 am 10:58 am
dl, i was being sarcastic. repubs think pointless wars and skyrocketing debt are the cornerstones of a strong democracy. they are wrong.
Posted by: mm | September 18, 2008, 11:00 am 11:00 am
Why didn’t Joe go to Beverly Hills the other night and tell them to their face?
Posted by: geevill | September 18, 2008, 11:00 am 11:00 am
Josh Howard, what a loser, he doesn’t have to respect the National Anthem because “he’s black”…oohhh, I would like to say a few words to that loser.
Posted by: samhiguchi | September 18, 2008, 11:04 am 11:04 am
geevill, for all you people make fun of ‘hollywood liberal elites’, they are some of the few wealthy people who ARE willing to do their part. they know their taxes will go up and still support obama. why? it’s the necessary policy for the ongoing situation.
Posted by: mm | September 18, 2008, 11:04 am 11:04 am
OMG! A down to earth politician looking out for the regular American people and not one trying to line his own and his friends pockets. Shared responsibility is a basic tennant of Christianity. Don’t be so greedy people. even $80,000.00 a year isn’t enough to be a republican. Get some sense. I have a calculator if you need one. Do you know how much every man, woman and child now owes because of the federal deficit?
Posted by: CMSgt Preston | September 18, 2008, 11:06 am 11:06 am
bout darn time somebody told it like it is without blinking…..just a return to the way it used to be on the upper tax rate….GO JOE!
Posted by: karen | September 18, 2008, 11:07 am 11:07 am
The response from the McCain camp only reaffirms the fact that the GOP represents the very few elites in this country.
For heaven sake, what on earth is wrong with taxing people earning more than $250,000 and cutting taxes for those that earn below that?
Does John McCain truly believe that you must be earning $5m annually to be classified as middle class?
These GOP fellows are way out of touch with ordinary folks
Posted by: Ro | September 18, 2008, 11:08 am 11:08 am
” … not one trying to line his own and his friends pockets.”
Posted by: Belle Starr | September 18, 2008, 11:11 am 11:11 am
Patriotism or Socialism? This is the old populist theme pitting rich against poor. “I am more on the poor side” You can’t raise taxes on a bad economy! Why would companies hire more workers if they are being taxed more? They pass the cost onto consumers! Did’nt “rattle on joe” take an economics class? There is just not enough people at the 250,000 level to cover the debts of america. The more Joe talks the more you begin to wonder what Barack was thinking. This is a guy who can ask a five minute question that makes no sense! In a short answer debate he will look just like Obama he will babble on and not answer a direct question. When lawyers talk its not possible for a short answer!
Posted by: robert | September 18, 2008, 11:11 am 11:11 am
If you raise the capital gains tax and go on a spending spree, we will have a future that will make the Great Depression look like a Hollywood soiree.
A big part of Obama’s platform has been spreading the wealth and spending on new social programs. When the jelly jar is about empty, the peanut butter is too.
I suggest the left step away from it mad embrace of The Great Get Even and start thinking about a steady measured reconstruction of the American economy.
There is no magic bullet. Only hard work and staying home instead of spending money we don’t have for things we don’t need. Instead of thinking you can rob Peter to pay Paul, make Wal-Mart eat the pain. Tell the Chinese you don’t need cheap percolators. Tell the Saudis you can drive a car full to church on Sunday by picking up a few neighbors. If you’re Methodist, drop off some Baptists. It won’t rub off. If you’re Catholic, drive some Presbyterians.
Get Dads to fix your friend’s cars. Get friends to paint your Dad’s house.
Adapt. It is the American Way.
Posted by: len | September 18, 2008, 11:17 am 11:17 am
careful len. the repubs call that the ‘jimmy carter sweater’. to the right, conservation is unpatriotic.
Posted by: mm | September 18, 2008, 11:19 am 11:19 am
I would be all for a blanket tax on all people to pay for war efforts… but to tax one portion to give to another – IN THE NAME OF PATRIOTISM! Get real Joe. It’s always easier giving away other peoples money, isn’t it. But for someone who espouses self sacrifice during difficult times – it seems more than hypocritical that he gave to charity less than 1% annually in the past ten years.
Just your average Joe… “let someone else pay for it.”
Posted by: Diamond Lou | September 18, 2008, 11:19 am 11:19 am
This country has been capitalistic since its inception. Some socialism has creeped in along the way as the country became larger, a percentage of the population will always need help. We have seen how socialism has work in europe after WWII, at first socialism was needed to help stablize the population, but it was capitalism that rebuilt europe. Now Europeans are finding that they cannot afford to maintain those programs and are turning more to capitalism. If any politician thinks the majority of Americans in this country will tolerate more socialistic shifts in our laws and economy they are mistaken it is not in our DNA. What Joe Biden said yesterday is exactly what Obama and the people surrounding him mean to do if elected. Bush 43 was terrible, but Obama is his socialist twin and with a Democratic POTUS and Congress the situation will get worse, we need balance in our goverment.
Posted by: Jim | September 18, 2008, 11:20 am 11:20 am
obama is proposing more or less the reagan tax plan. as a percent of gdp, they are equal. reagan was a socialist?
Posted by: mm | September 18, 2008, 11:22 am 11:22 am
What does giving these useless idiots in Washington more money to waste got to do with being more patriotic.
It is taxation without representation all over again.
Blue in Michigan – and you wonder why your state is in dis array!
Angellight – even if what you say is true, what tough questions has Obama answered.
Let the lib drones pay the taxes and let us Real Americans pay none!!
Democrat Schmer is responsible for the Bank collapse
Obama is responsible for Fannie may and Mac, who were donating to campaigns since 1989 and Obama who has only been in the senate for 2 years has received the second highest amount of money from them under Democrat Dodds and they both voted to allow the two CEO’s appointed by Clinton to get 25 million dollar severance packages.
Yes Obama is for the people.
Obama for 19months has not answered any question, when he does give statements he changes his position the next day.
He supports infanticide, because he does not want to bother the mother or doctor!
He talked with Iraq to not allow us to withdraw so he could use it politically
If Biden wants to be Patriotic then him and Obama should withdraw.
Also where was Obama born, since it has been proven he was not born in Hawaii!!
Posted by: spock | September 18, 2008, 11:23 am 11:23 am
What Biden says is directly from the Communist Manifesto!! Read it and learn about the enemy Obama/Biden of the US
Posted by: spock | September 18, 2008, 11:24 am 11:24 am
reagan was a communist?
Posted by: mm | September 18, 2008, 11:25 am 11:25 am
Thank you Senator McCain for proving once again you only care about the top 5% of the country.
Independent groups have all come out and said Obama’s tax plan is more beneficial to 95% of the country than McCain’s plan.
The major media have shown what the tax plans would do for Americans. Fact is McCain can’t stop lying.
Senator McCain’s history of demanding deregulation have come back to haunt Americans. His economic deregulation is responsible for the worst crisis since 1929. A crisis that demanded regulation. Too bad elitist McCain doesn’t care about anyone with less than 7 houses.
Posted by: Dan | September 18, 2008, 11:25 am 11:25 am
mm.. you said more or less…well I think less applies in this situation. I didn’t like a Republicans controling all of goverment either it was terrible, that cannot happen agian either Rep. or Dem.
Posted by: Jim | September 18, 2008, 11:28 am 11:28 am
Joe Biden? Isn’t he the guy who gives less than half of one percent of his United States Senator’s salary to charity? Apparently, though, to the Senator, it’s only patriotic if the government TAKES the money from you.
Forgive me for disagreeing with the stingy Senator, but I think it is much more patriotic to give money to private charities that are actually accountable for the money they receive. That is the honorable, and yes, patriotic, way to help your fellow Americans, not using the endless powers of government to take what it wants and leave you the leftovers. Here’s the video:
Posted by: The Dude | September 18, 2008, 11:29 am 11:29 am
republicans don’t make any sense. they want to decrease the deficit by taxing, uh, NO ONE? they say don’t tax the rich and don’t tax the big corporations. so were the hell are they going to get the money to bring down the deficit? you can’t tax low income folks because they don’t have anything to give!
Posted by: righteousbrother | September 18, 2008, 11:40 am 11:40 am
Why did Palin claim last night in a interview that she asked her girls’ opinion before she accepted the nomination and just last week told Gibson she did not hesitate when asked.
Why does the McCain timeline for the Palin selection & introduction have the kids flown to OH under the guise of their parent anniversary only to be told when they arrived what was going on?
Why did Palin just lie about her family?
Why does she lie so easily and often?
Posted by: Ryan C | September 18, 2008, 11:43 am 11:43 am
I love how rich Republicans talk about the wonderful opportunities offered in this country yet feel they should not pay their fair share for that opportunity.
Selfish and unpatriotic…
Ladies and gentleman, I give you the Republican party.
Posted by: Ryan C | September 18, 2008, 11:45 am 11:45 am
“careful len. the repubs call that the ‘jimmy carter sweater’. to the right, conservation is unpatriotic.”
I could care less what the republicans or the democrats think. It matters that America take care of herself and not get distracted by the blame game and cults of personality.
WE bought the SUVs. WE took out the loans. WE’re all guilty. So you can put on a hair coat or you can help you’re neighbor paint his house and he can return the favor. That is how this country was built. Don’t let either party take that away from you.
This is no longer about the election. It is about rebuilding our culture into one we can be proud of. There are lots of dimensions to that and plenty of work for all of us to do publicly, privately, personally and spiritually.
Anyone who tells you other “doesn’t get it”.
Posted by: len | September 18, 2008, 11:47 am 11:47 am
“It is taxation without representation all over again.”
Yes because we all know how little sway wealth has over politics.
Yeah sure….
Posted by: Ryan C | September 18, 2008, 11:47 am 11:47 am
When I first read this post, I thought.. “Oh God.. Biden put his foot in his mouth again”..
But when I watched the video, it wasn’t as bad as I thought. Biden was telling the truth! Barack will raise taxes on those making $250,000 or more by letting the Bush tax cuts expire.
But, they would still be paying LESS than they did under Reagan. Basically going back to the rate in the Clinton years when everyone was doing just fine.
If the McCain camp has a problem with that then that’s very disturbing because under Obama’s plan I would receive 3 TIMES MORE of a tax CUT, than under McCain.
Posted by: Common Sense | September 18, 2008, 11:49 am 11:49 am
I think Rev Wright’s influence on Obama is beginning to show.
BO urged voters to “get in the face of your neighbors and argue” if they disagree with him.
Guess he veered off of the teleprompter for a few seconds and his real persona slipped out.
Posted by: harry | September 18, 2008, 11:49 am 11:49 am
I TOTALLY agree with Biden. Hell, I make less than that and I’m happy to pay my taxes. If I’m asking soldiers to put their lives on the line, then I can damned well pay a bit more. Let’s see, I think I can do without a new Japanese flat screen TV if that’ll keep our boys alive.
Republicans always want something for nothing, like the magic fairydust is going to come out of the markets and pay for highways, wars, healthcare, NASA, the FDA…
We’re at war. Why do the rich people need a tax cut??? The old McCain was against this, but now he’s just another tired old Republican bum.
Republicans = the ME FIRST party
Posted by: Tungsten | September 18, 2008, 11:49 am 11:49 am
Has Uncle Joe ever itemized and taken a tax deduction? If so then he is class A hypocrite. He can pay all the extra taxes he likes any time he wants and proudly proclaim to be the most patriotic person in the country. Knock yourself out, Joe. Hey, by that reasoning if you give 100% of your income to the government like they did in Communist USSR then your graduate to full-fledged Komrade status! What a dope.
Surely Joe must know that many, many small business owners do not incorporate because they cannot afford the ridiculous corporate taxes they would have to pay. Instead they file as individual tax payers and claim all company profits as personal income. These people would be punished under Barack’s plan and either pass their new taxes on to you or close their doors.
So it’s their patriotic duty to pay more taxes and stifle job creation? The government already “takes” enough money! The government is not in the business of creating wealth! How about this, Joe. Take (or steal) less money, and SPEND LESS! Ever think of that?
Posted by: Woody | September 18, 2008, 11:50 am 11:50 am
When the chips are down, there are always a few rich guys out there to shake a fist at – especially if it has a modicum chance of scoring a few brownie points.
Posted by: Obama-Yah-Wright | September 18, 2008, 11:50 am 11:50 am
I love how Dems talk about self-sacrifice and patriotism, but only when someone else pays for it… someone else sacrifices. I give you the Dem Party.
Posted by: Diamond Lou | September 18, 2008, 11:53 am 11:53 am
Obama didn’t fight corruption in Chicago
and is not fighting it in his own party right now.
Charlie Rangel is in charge of our tax dollars–and has lied and cheated on his own taxes.
The do-nothing Congress, and the all-talk candidate can’t even clean up their own party.
Obama, Pelosi, Reid, Rangel in charge of our finances and our country?
Posted by: riley | September 18, 2008, 11:56 am 11:56 am
Tip to Joe: Cut Government spending, don’t take my money.
And Joe…then does than mean all those not paying more taxes are not patriotic Americans?
Posted by: Zank | September 18, 2008, 11:57 am 11:57 am
McCain, who has snidely referred to Obama meeting with our enemies, today was unwilling to commit to meet with the leader of a European democracy and a member of NATO (Spain).
That is if he actually understood the question.
John McCain repairing our image around the world!
Posted by: Ryan C | September 18, 2008, 11:57 am 11:57 am
“Tip to Joe: Cut Government spending, don’t take my money.”
Tip to Zank: We now pay some 8% of our budget to pay the interest on the national debt alone. Throw in the billions wasted on no bid contract in Iraq and we have a hell of a mess to pay for.
Obama wants to return to the pay as you go format.
McCain seems unaware of what he wants to do, right now he’s just been reacting to the latest news.
Posted by: Ryan C | September 18, 2008, 12:01 pm 12:01 pm
Tungsten,
That’s a nice sentiment but unfortunately you have absolutely no control over how your federal tax dollars are spent. In fact, the Constitution only requires that we pay for the federal government itself (people’s salaries, legislative and court buildings, etc.) and a common defense. That’s it. Somehow the federal government has mushroomed into the pig that it is today in spite of what its own charter dictates.
Wouldn’t it be great to have a series of check boxes on your tax form to direct your “contributions”? If so I would check one box, Department of Defense. Locally I happily donate extra money to my schools, the volunteer fire department, the police department DARE program and on an on because it improves MY community. I’m just one of many local community organizers trying to make a difference. You want to pay extra federal taxes? Be my guest, but that money would be better spent in your own community in my opinion.
Posted by: Woody | September 18, 2008, 12:03 pm 12:03 pm
Obama/Biden will increase taxes for the top 1% of the country and give lower and middle class Americans a tax break. All this just to make up for Bush’s failed economic policy of giving tax breaks to the wealthy and hoping that it would somehow trickle down and make the rest of America prosper. The Republicans are going nuts. Tell me, who do McCain/Palin work for?
Posted by: El_Pajaro | September 18, 2008, 12:04 pm 12:04 pm
“Charlie Rangel is in charge of our tax dollars–and has lied and cheated on his own taxes.”
I see your Rangel and I raise you a Cindy McCain (who failed to pay her property taxes on one of their 7 homes for 4 years)
And if that’s not enough let’s trot out the the Seven Republican Dwarfs of Corruption.
Why we have Delay, Cunningham, Doolittle, Ney, Frist, Hunter & Stevens!
Posted by: Ryan C | September 18, 2008, 12:04 pm 12:04 pm
Well, since 40% of Americans don’t pay income taxes to the federal government I guess they are unpatriotic.
In other words, Joe is using his foot to tickle his tonsils once again.
Posted by: John | September 18, 2008, 12:05 pm 12:05 pm
McCain and Palin have forgotten what the Government asked the Rich to do during WWII.
Paying Taxes was considered to be a Patriotic Duty back then.
Posted by: Willem van Oranje | September 18, 2008, 12:06 pm 12:06 pm
ABC NEWS gets it right ..
from a DAVID WRIGHT interview:
John McCain was against the government bailout of AIG, before he was reluctantly for it.
In the mid 1990s, he supported a measure to ban all new government regulations. McCain supported legislation a decade ago that broke down the firewalls between commercial and investment banks and insurance companies — the very rules companies like AIG exploited to get in the current mess. And as recently as March of this year, after the collapse of Bear Stearns, McCain was all for deregulating Wall Street.
and:
GEORGE WILL: When the deregulation was the wave through Washington, he surfed that wave. Now it’s not, and the populist inside John McCain is out.
WRIGHT: Today, the Wall Street Journal accused McCain of selling out his free market ideals. Said today’s top editorial — “denouncing greed and Wall Street, isn’t a growth agenda,”
Posted by: Jazzman | September 18, 2008, 12:07 pm 12:07 pm
Uh, has anyone else noticed that China’s about to buy J.P. Morgan, and the governement has opened the rest of our financial institutions to a fire sale?
A little tax increase isn’t even going to be noticable when no one has a job at all, and the dollar isn’t worth the paper it’s printed on.
What a mess. Obama/Biden’s best selling point is that they ain’t the Republicans, including McCain, who got us into this horror show.
Posted by: Teri B. | September 18, 2008, 12:07 pm 12:07 pm
I wonder what Joe calls people who voluntarily donate less money to the needy than Scrooge?
Posted by: John | September 18, 2008, 12:07 pm 12:07 pm
Biden:
In case you don’t like our tax plan, then you should vote for Barack because he is black and that is transformative in itself.
How can BO give tax cuts to 95% when 40% do not even pay taxes–call it what it is Welfare.
Posted by: harry | September 18, 2008, 12:08 pm 12:08 pm
I wouldn’t have a problem with raising taxes to pay off the debt. But Obama just wants to grow government and increase handouts. And raising taxes is reckless at this time as Obama apparently realizes since he said he wouldn’t do so if we were in recession. Since he upgraded us to a Depression the other day, I guess that means no tax hikes. So all those looking for a tax cut have to ask yourselves – where’s it coming from? The answer is the same as where the stimulus checks came from – our grandchildren’s tax burden!
Posted by: marylou | September 18, 2008, 12:11 pm 12:11 pm
I as well as 99.99999999 percent of others who served in the military didn’t make over 250,000 yet look at the sacrifices we have made for this country. Those that those who do make over 250,000 should realize that
Also, if the middle class don’t have money to spend, business will fail anyway.
Ask yourself…. why do we send out stimulus assistance in times like these…. TO CREATE BUSINESS and JUMP START THE ECONOMY. Why not make that a contiuous effore in the form of tax breaks for the middle.
Time for some trickle up economics.
Wise up Republicans, your argument don’t hold water. Nobody is taking your money. And if it is, I don’t hear the same level of contempt against all the BILLIONS being sent out now to save THE growing list of mega businesses going belly-up.
Another thing. For all you delusional people that love to blame the mortgage crisis on folks who purchased too much house, how about looking at the PROFESSIONALS who approved these loans.
If you had to get a kidney taken out and your doctor took out the wrong kidney… would you expect the doctor and the insurance company to blame you because you wanted to LIVE like everyone else?????
Posted by: Omentum | September 18, 2008, 12:14 pm 12:14 pm
“So all those looking for a tax cut have to ask yourselves – where’s it coming from? The answer is the same as where the stimulus checks came from – our grandchildren’s tax burden!”
Marylou goes from warning about taxes going up to chastising us for wanting a tax cut.
Ahhh to see the right wing mind in action
Posted by: Ryan C | September 18, 2008, 12:15 pm 12:15 pm
“Paying Taxes was considered to be a Patriotic Duty back then.”
Senator McCain (as opposed to candidate McCain) called the Bush tax cuts irresponsible in a time of war.
Posted by: Ryan C | September 18, 2008, 12:18 pm 12:18 pm
ritghteous brother,
Where are we going to get the money to pay down the debt? From the same place “we” get it from today, us. Income isn’t the problem, it’s the spending side. Tax revenues attributed to capital gains have nearly doubled since Bush’s captial gains tax cuts in 2003. Unfortunately the spending side seems to have no bounds whatsover, and that’s true no matter which party is controlling Congress. For those who are unaware only Congress can spend your money. The President must present a budget, but Constitutionally only Congress has the power to spend your money. Complain to your Congressman if you’re concerned about the national debt.
Posted by: Woody | September 18, 2008, 12:21 pm 12:21 pm
Did anyone see the new voter registration numbers?
250K in Maryland
280K in Virginia
400K in Nevada
500K in Indiana!
McCain is toast!
Posted by: Ryan C | September 18, 2008, 12:21 pm 12:21 pm
Oliver Wendell Holmes once said: “I like paying taxes. With them I buy civilization.”
Wise words.
Posted by: Willem van Oranje | September 18, 2008, 12:22 pm 12:22 pm
“Tax revenues attributed to capital gains have nearly doubled since Bush’s captial gains tax cuts in 2003″
Why do Republicans love out of context statistics?
The reduction in the capital gains tax rate from 20% to 15% in 2003 did not result in an increase in revenue over the course of the business cycle. In 2000 receipts totaled $119 billion, which equals $143 million in 2007 dollars. In 2007, they totaled $122 billion. That’s a 15% decline.
Posted by: Ryan C | September 18, 2008, 12:23 pm 12:23 pm
How can BO give tax cuts to 95% when 40% do not even pay taxes–call it what it is Welfare.
Posted by: harry |
******************************************** I agree with you harry, it is called welfare, and it is even higher than 40%, it is closer to 80% of the U.S. Corporations that are paying no taxes and therefore receiving welfare from the taxpayers.
Republicons are for privitizing profits and socializing losses.
Posted by: Truth Matters | September 18, 2008, 12:27 pm 12:27 pm
The outrageous part about this quote, and liberalism generally, is that reducing expenditures isn’t mentioned. The amount of money wasted by the govt, by both parties, is shameful…18 billion a year on the Dept. of Education…that doesnt hire teachers, pay their salaries, maintain schools, etc…when private schools get along fine is just one example. (As if local schools can’t set curriculum goals themselves!)
Not to further hammer the point about education, but over the years we’ve dumped even more billions in to this dept…and test scores are completely static.
When I hear about Obama’s 864 billion in new spending, I just groan, because alot of that money will have no direct effect, other than to further indenture poor people to sucking on the government’s teat.
Posted by: hippie_chucker | September 18, 2008, 12:28 pm 12:28 pm
A note to “patriot” Biden: in California, at the height of harvest season, yellow squash — at downscale corporate grocer Safeway — was selling yesterday for $2 a pound.
Maybe the great black hope and the credit card king would like to address the concrete: how the heck are the underclasses unmentioned in the formerly-Democratic Party palaver — including a zillion urban “blacks” –supposed to er FEED themselves?
WHAT — in the present, not the baloney-futures peddled by Obama and Biden, are those PRESENTLY poor supposed to feed themselves?
Posted by: Belle Starr | September 18, 2008, 12:29 pm 12:29 pm
Yes I agree with him. Rich people need to pay up.
Posted by: Lisa | September 18, 2008, 12:30 pm 12:30 pm
jpt quotes Biden”
“Time to jump in. Time to be part of the deal. Time to help get America out of the rut.”
Posted by: Belle Starr | September 18, 2008, 12:36 pm 12:36 pm
“Did anyone see the new voter registration numbers?”
ACORN hard at work …
Unfortunately I agree with you Ryan, McCain is toast. Obama finally has his issue, a world wide financial crisis, and McCain voted to repeal Glass-Steagall. Not good. Of course Clinton signed it and many, many Washington insiders reaped the benefits like Clinton’s DoL guy Robert Reich, now with Citigroup but I’m sure that’s too tangential for most people to understand.
McCain is flopping around like a fish out of water and Obama can point to some failed attempts at passing mortgage regulation legislation. Neither one looks stellar but at least Obama can say, “I told you so”. Just wondering, Ryan, how come Obama couldn’t get any of that passed into law with his own party at the helm?
Posted by: Woody | September 18, 2008, 12:38 pm 12:38 pm
Lisa-
Rich people need to pay up?
Tell me, who would you say creates jobs in this country…poor people?
Every single person reading this forum should be outraged that 38% of Americans don’t even pay ANYTHING in taxes…and under Obama the top tax rate will approach 60%!!!!
Posted by: hippie_chucker | September 18, 2008, 12:39 pm 12:39 pm
Woody;
I donate 10% of my income to local causes, and I’m still delighted to pay my taxes. And I think Bush’s tax breaks for the wealthy need to go.
Gov’t needs to be held accountable – I also think that fiscal responsibility in government is crucial. THIS is why the McCain/GOP agenda is totally repellent! Republicans just spend and spend and spend, without any sense of how to pay for it. McCain’s plans are a real budget buster.
Dems say “look, we’ve GOT to find a way to pay for this!”, recognizing that the GOP strategy has failed. Insisting on paying the bills will help make government more thrifty, rather than the deluded McCain “PARTY ON!!” attitude.
Come on, man.
Posted by: Tungsten | September 18, 2008, 12:40 pm 12:40 pm
Wow – if paying more in taxes is considered patriotic, than I guess Republicans ARE more PATRIOTIC than Dems.
Posted by: REP | September 18, 2008, 12:40 pm 12:40 pm
This from a guy that donates “hundreds” of dollars per year to charity (roll eyes). Hey Mr. Biden – I make like a fraction of your Senator’s salary, and I donate more cash then you each year!!!
I’ll be very patriotic w/ my donations if that’s OK w/ you. But I’ll decide where they go, not some Washington beurocracy. Keep your laws off my wallet!!
Posted by: D'Obama | September 18, 2008, 12:42 pm 12:42 pm
- I´m a community organizer with no executive experience at all.
- I´ve taken drugs when I was younger.
- I´ve never run a town hall or a state.
- I´ve had dealings for years with corrupt criminals sentenced to prison.
- I´ve had a pastor for years who hates white people and thinks America is damned.
- I have a wife who´s proud of America because I´m running for president.
- I´ve voted 130 times ´present´ at the Senate.
- I haven´t passed any reform bill or laws.
- I´ve chosen as VP a candidate who said I´m not qualified and thinks Clinton is better than him.
- I have James Johnson as advisor, former chairman and chief executive of Fannie Mae, and managing director with Lehman Brothers.
- I made a speech in Berlin.
- I speak the whole time about ´change´ but nobody knows what does it consist of.
Vote me. I pledge the economy will recover to the top, peace will reign everywhere, American people won´t be bitter and won´t cling to their religion and rifles, and the birds will sing over the blue sky the good news about my presidency.
Posted by: Stephen from Indiana | September 18, 2008, 12:42 pm 12:42 pm
WHAT — in the present, not the baloney-futures peddled by Obama and Biden — are those PRESENTLY poor supposed to feed themselves?
Posted by: Belle Starr | September 18, 2008, 12:45 pm 12:45 pm
Taxes are the price we pay for a free and civil society. It is wrong, dead wrong, that rupert murdoch pays a lower tax rate than his secretary. The more you make the higher your responsibility. It is not that to 5% that drive the economy, they are the percentage that reap the rewards off the back of the 95%. What will happen to that top percentage when the 95% cannot afford to buy and spend?
Posted by: Jason | September 18, 2008, 12:46 pm 12:46 pm
Woody: “Tax revenues attributed to capital gains have nearly doubled since Bush’s captial gains tax cuts in 2003″
Wrong.
Economist have attributed that particular doubling in revunues to the housing boom.
Posted by: Willem van Oranje | September 18, 2008, 12:46 pm 12:46 pm
“Why do Republicans love out of context statistics?
The reduction in the capital gains tax rate from 20% to 15% in 2003 did not result in an increase in revenue over the course of the business cycle. In 2000 receipts totaled $119 …”
Who said anything about 2000? From 2003 when the cuts were enacted to 2006 the CAPITAL GAINS revenues increased from $50B to $103B according to the Congressional Budget Office. You’re usually more honest than that Ryan.
Posted by: Woody | September 18, 2008, 12:46 pm 12:46 pm
The Republican rich are indeed
unpatriotic. They balk at paying
a little more in taxes – still
lower than what they paid under
Reagan as Biden pointed out -
to provide some relief to the
middle class.
Posted by: anon | September 18, 2008, 12:48 pm 12:48 pm
Belle Starr:
..republicans are the party concerned about the poor….. ??
ROTFLMAO
Posted by: Rex | September 18, 2008, 12:48 pm 12:48 pm
“James Johnson as advisor, former chairman and chief executive of Fannie Mae, and managing director with Lehman Brothers.”
Posted by: Belle Starr | September 18, 2008, 12:49 pm 12:49 pm
Tungsten…
umm….Obama’s advisers outright admits he cant balance the budget. His NEW spending is $864 BILLION, sir. So, instead of McCain vetoing out of control spending by both parties, we’ll get nearly a trillion in new spending. Remember, his career is founded on tax increases…
Posted by: hippie_chucker | September 18, 2008, 12:49 pm 12:49 pm
“Economist have attributed that particular doubling in revunues to the housing boom.”
Really? Got a name or two? Which economists? They should lose their licenses because according to Ryan revenues actually declined.
Posted by: Woody | September 18, 2008, 12:50 pm 12:50 pm
Woody,
Context is everything.
Posted by: Ryan C | September 18, 2008, 12:50 pm 12:50 pm
Sooo …. in a Liberal’s point of view, it’s patriotic to accept higher taxes, giving money to an extremely inefficient beurocracy …. but it’s not patriotic to support the troops??
Thank you God for making me a conservative!!
Libs – keep your laws off my wallet!!
Posted by: D'Obama | September 18, 2008, 12:51 pm 12:51 pm
Well Joe then the Federal Government giving away tax money to freeloaders in Unpatriotic.
Posted by: geevill | September 18, 2008, 12:52 pm 12:52 pm
jpt quotes Biden:
“We want to take money and put it back in the pocket of middle-class people.”
Posted by: Belle Starr | September 18, 2008, 12:53 pm 12:53 pm
Yes Woody, unfortunately it has been found that a reduction in capital gains tax only causes a short-term increase in capital gains receipts. Studies by the Center on Budget and Policy Priorities confirms this.
Essentially when capital gains is lowered, everyone rushes to sell their stocks to take advantage of it.
Capital gains revenues after 2003 also went up because the stock market went up. This has nothing to do with the capital gains tax decreasing as the European stock markets, which are obviously unaffected by us lowering our capital gains, went up by an equal amount to ours.
Posted by: johnTX | September 18, 2008, 12:53 pm 12:53 pm
Tungsten,
Come on, man, yourself. They ALL spend and spend. Be honest. When Gramm-Rudman expired budgets started spiraling out of control again. BTW, I’m not a Republican so those tirades don’t bother me.
Are you in favor of a flat tax?
Posted by: Woody | September 18, 2008, 12:53 pm 12:53 pm
Belle Starr:
re: “may have enough of a human brain left to come up with answers.”
from what I hear, she initiated a windfall profits tax on oil companyprofits and returned money to the people of Alaska…
Obama’s rec’d that.. think yer republican buddies will let THAT happen on a national level?
Posted by: Rex | September 18, 2008, 12:54 pm 12:54 pm
I had to read this as these are three words I WOULD NEVER ASSOCIATE WITH BARACK HUSSEIN OBAMA. Seriously, baseball, apple pie and the flag? How about basketball, arugala, and the African/Indonesian flag? As a member of Trinity for 20 years, Obama had to pledge an unapologetic allegiance to Africa, the mother land….I wonder if he puts his hand over his heart when pledging that allegiance?
COUNTRY FIRST – McCAIN/PALIN
Posted by: Emma | September 18, 2008, 12:55 pm 12:55 pm
Jason…you think that comparing a secretary’s tax of 15k, vs Murdoch, (who’s businesses employ thousands of people, all paying taxes), who pays millions of taxes is comparable?
THE TOP 50% OF AMERICANS PAY 97% OF ALL TAXES, FOLKS.
THE TOP 1% PAY ===========39%========OF ALL OUR TAXES.
I just don’t get the sentiment that the rich should pay more, when they already do.
We used to be a nation who all wanted to be rich, now we’re content to simply tax them.
Posted by: hippie_chucker | September 18, 2008, 12:56 pm 12:56 pm
JohnTX,
Ah, so correlation does not imply causation? Fine, I’ll go along with that. So then how do measure the relative success or failure of any change in tax policy? If there are too many moving parts to attribute credit (no pun intended) when we look at the data then the whole argument in moot.
Posted by: Woody | September 18, 2008, 12:56 pm 12:56 pm
I kind of like the flat consumption tax that eliminates income tax. Well, I like the idea. There is so much arguing about whether or not it would actually work, I’d have to see a few other countries try it first.
Posted by: johnTX | September 18, 2008, 12:57 pm 12:57 pm
Emma:
John McCain sold out to Vietnamese captors and sold out America for future gain….
see how easy it is to make stuff up…
Posted by: Rex | September 18, 2008, 12:59 pm 12:59 pm
Nancy Pelosi is the advocate of the poor and middle-classe.
Nancy, we love you!
Posted by: Stephen from Indiana | September 18, 2008, 1:00 pm 1:00 pm
“lower than what they paid under
Reagan as Biden pointed out -
to provide some relief to the
middle class.”
Posted by: Belle Starr | September 18, 2008, 1:02 pm 1:02 pm
Is that Joe Biden or Hugo Chavez?
Posted by: Captain America | September 18, 2008, 1:05 pm 1:05 pm
Countries who have lower tax rates, in general, are more prosperous and successful. If any liberal wants to step in and defend Western Europe as a great place to run a business, I’ll gladly listen.
Not having to pay YOUR money to another entity, after YOU earned it, frees you up to hire new employees, invest in new businesses, etc.
Liberals love to trash tax cuts, but that is the message of conservatism (before Bush went on his wild spending spree, anyway) at it’s core:
Individuals and businesses should be free to spend their own money as they see fit.
Liberalism seeks to use that money elsewhere, by either growing govt or as an entitlement.
Posted by: hippie_chucker | September 18, 2008, 1:06 pm 1:06 pm
I hate to say this, but if Clinton were the nom, she’d have a 10-point lead right now, and this latest crisis would be the nail in McCain’s coffin. But – what do Dems do? As usual, they’re too arrogant, and, as a result, they picked the wrong guy. As much beef as I have w/ Hillary, you can at least negotiate with her, and you know where she’s coming from. Obama? Waaaaay too many unanswered questions!!
Judgement? He calls McCain a Washington-Insider, then picks the ultimate Washington-Insider as his running mate?
Posted by: D'Obama | September 18, 2008, 1:06 pm 1:06 pm
“[Palin]initiated a windfall profits tax on oil companyprofits and returned money to the people of Alaska…”
Posted by: Belle Starr | September 18, 2008, 1:06 pm 1:06 pm
Yay, but no town hall meeting is staged without teleprompters, heh? Oh, that’s right, Obama doesn’t do town hall meetings.
Posted by: Captain America | September 18, 2008, 1:07 pm 1:07 pm
“they picked the wrong guy.”
Posted by: Belle Starr | September 18, 2008, 1:07 pm 1:07 pm
You would think revenues from
capital gains taxes would also
depend stock market performance
and the housing market.
People are likely to or they
should realize their capital
gains if their investments are
up regardless of the tax rate.
Capital gains are easy money.
You buy a stock, it goes up,
you sell, you have a gain.
You took a risk. But you
didn’t do any work. Pay a
a little more in taxes on the
profit without complaining.
What applies to stocks applies
to other investments the same
way.
Posted by: anon | September 18, 2008, 1:09 pm 1:09 pm
Belle Starr:
your cultural identity war roots are showing…
Republican ‘concern’ for the poor and middle class is well documented…. NOT….. LOL
Posted by: Rex | September 18, 2008, 1:09 pm 1:09 pm
I have to say, both Republicans and Democrats seem to have thrown the poor under the bus.
We need to raise more poor people into the middle class. I have a hard time believing ignoring them like the Republican platform seems to advocate, is the best policy.
Posted by: johnTX | September 18, 2008, 1:10 pm 1:10 pm
Robin Hood might have been a good movie, but it’s a rotten tax policy.
It’s easy to think of this as “sticking it to the wealthy” but there’s a bunch of people who get caught up in this that have no deep pockets.
Two professionals in a double income family a major metro area can easily make more than $250K – add 2 kids, daycare expenses, mortgage (in a decent but not great) neighborhood, health insurance, life insurance, medical expenses, car payments, utilities, college savings, retirement savings, gas prices, emergency fund, groceries … they’re just as stretched even if living moderately and just as worried about what the future holds.
How is it right to essentially penalize people who made the effort to get educations, who make the effort to keep employed, who are trying to hava decent home/life for their kids — and tell them “well, you can cough up some more $” because others have it worse off?
Are we now in a race to the bottom, where no one can be better off than the worse off person?
Posted by: Riley | September 18, 2008, 1:10 pm 1:10 pm
Anon…
why should I pay more in taxes when the extra money is being wasted on the government level?
If you know your town’s tax collector is pocketing some of your tax money, would you agree to an increase?
NOPE.
Posted by: hippie_chucker | September 18, 2008, 1:11 pm 1:11 pm
Woody;
I agree that all politicians tend towards greater spending, but the GOP has been by far the worst because they’re too gutless to figure out a real way to pay for it. And look at the two spending plans: McCain’s puts us far deeper in the hole.
I don’t mean to imply you’re a republican. I am so, so sorry to insult you like that. The point is, there are two parties, and it’s time to throw the GOP out. I’ve voted republican, including for Reagan.
The best way to fix the Republican party is to pitch them out on their fat, lazy kiesters for a few cycles.
Posted by: Tungsten | September 18, 2008, 1:13 pm 1:13 pm
johntx – you do know that one of the reasons for increasing levels of lower-income population is immigration … can we close the borders for a while so we’re not widening the income gap?
Posted by: Sve | September 18, 2008, 1:14 pm 1:14 pm
JohnTX,
When did it become the govt’s job to elevate people out of poverty?
It comes down to a thing called personal responsibility, friend.
If you aren’t forced to earn for your family because the govt. is handing you money every month, what’s your incentive to better yourself?
My family had food stamps when I was a kid, and I said to myself my kids would never know that shame.
Posted by: hippie_chucker | September 18, 2008, 1:15 pm 1:15 pm
Woody: Paul Krugman, for starters.
Revenues from capital gains taxes are more susceptible to bubbles and booms in the market. The same has happened with the dot.com bubble, the same is happening with the housing bubble. Both bubbles have hugely inflated capital and that has inflated revenues. Revenues from the capital gains tax will have taken a severe hit last year and especially this year.
Also, lowering capital gains taxes are signaled far in advance. Taxpayers anticipate that and when they have the ability, they adapt their investment and tax strategies to take full advantage of that.
Posted by: Willem van Oranje | September 18, 2008, 1:15 pm 1:15 pm
hate to say this, but if Clinton were the nom, she’d have a 10-point lead right now, and this latest crisis would be the nail in McCain’s coffin.”
Based on what?
Obama outperformed her in head to head polling vs McCain throughout the primary.
Obama has proven himself to have the far superior fundraising and ground game operation.
Its that ground game that has expanded the electoral map putting states into contention while Hillary would have been stuck defending the Kerry states.
Hillary can’t make the experience argument over McCain.
She ended her campaign massively in debt.
Her fav/unfav ratio is maybe even while Obama & McCain enjoy +10 to +20 fav to unfav.
Then there’s the baggage of which there is a tremendous amount of.
Couple all that with people saying over and over again that they want change and Clinton Part Deux would be lucky to be nipping at McCain’s heels in the polls.
Posted by: Ryan C | September 18, 2008, 1:15 pm 1:15 pm
“can we close the borders for a while so we’re not widening the income gap?”
Posted by: Belle Starr | September 18, 2008, 1:16 pm 1:16 pm
Tungsten,
Please explain how Obama’s planned trillion dollar expenditure gets us out of debt faster than McCain.
Posted by: hippie_chucker | September 18, 2008, 1:17 pm 1:17 pm
“If any liberal wants to step in and defend Western Europe as a great place to run a business, I’ll gladly listen.”
You have zero health care costs and a more educated labor pool to choose from while having lower corporate tax rates than the US.
Next.
Posted by: Ryan C | September 18, 2008, 1:20 pm 1:20 pm
Any readers sold their house in the last 20 years? Wasn’t it great you could keep all that money, tax free?
Guess which party made that happen?
…starts with an R….
Posted by: hippie_chucker | September 18, 2008, 1:21 pm 1:21 pm
Palin’s gift to taxpayers was not a windfall profit, but rather a licensing feel paid by those drilling in her state. That, I have no issue with. Companies using public lands should pay some sort of licensing fee as a cost of doing business. It’s the same as opening up a Sbarro in the mall. Sbarro pays a “licensing fee” (i.e. rent) to use the space to make money.
But taxing them further on top of that is just wrong!! A windfall tax on top of that is like robbing a bank! Same thing!
Posted by: D'Obama | September 18, 2008, 1:21 pm 1:21 pm
hippie-chucker
re: ‘When did it become the govt’s job to elevate people out of poverty? It comes down to a thing called personal responsibility, friend.’
Why even bother helping the folks who are struggling now because of hurricane IKE?
they built their houses along the ocean, they knew this could happen….why should state and federal monies go to help them… they assumed the risk when they built there… let em all starve and rot if they can’t grow their own food…..they are going through the ‘shame’ of government handouts……..I mean it’s all about personal responsibility, friend.
Posted by: Rex | September 18, 2008, 1:22 pm 1:22 pm
“Obama has suggested something similar”
Posted by: Belle Starr | September 18, 2008, 1:23 pm 1:23 pm
hippie_chucker, you seem to overestimate waste in our government.
Most of your money is going to social security, medicare, medicaid and interest on the national debt (50%). Now, I imagine, being the good conservative that you are, you believe all these are evil evil programs and we should make the elderly work, let the poor children die, default on all our loans and keep all that money for ourselves.
The next largest chunk of your money is going to defense and homeland security (22%). Now, of course as a good conservative you probably would like to spend more here. Probably much more.
A decent chunk (11%) is going to unemployment and welfare. Actually welfare isn’t that big and frankly, compared to social security, it is nothing.
The rest is split into dozens of divisions. Silly things like the Department of Justice, the Department of Education and the Department of Agriculture. Administration for programs like Social Security represents a tiny fraction of its actual budget (they are pretty efficient programs to run).
The vast majority of the growth in our budget is due to entitlements – i.e. money we have to send out for things like social security, not because of administrative “waste”.
Posted by: johnTX | September 18, 2008, 1:23 pm 1:23 pm
Ryan,
my sister lives in denmark…she turns down extra translating work because after the socialist govt. gets their hand on it, it’s not even worth doing….
“Next”
Posted by: hippie_chucker | September 18, 2008, 1:24 pm 1:24 pm
“Please explain how Obama’s planned trillion dollar expenditure gets us out of debt faster than McCain.”
That fact that he will consider raising taxes vs McCain’s pledge not to is a start.
McCain says he’s cut wasteful earmark spending. Watchdog groups peg that wasteful spending at about $17B this current budget.
McCain has no plan for reducing our force in Iraq and that costs us billions every single month. I would not mind that so much if Iraq was the group that attacked us on 9/11 but they were not.
So please tell me what spending McCain will cut that will reduce the national debt.
Oh yeah you can’t because McCain hasn’t said what he plans to do. As his economic adviser said, its too early to put something down on paper.
Posted by: Ryan C | September 18, 2008, 1:24 pm 1:24 pm
hippie_chucker: “My family had food stamps when I was a kid, and I said to myself my kids would never know that shame.”
Nice jab at your own family, accusing them of being wellfare queens. I guess you think your father and mother were lazy and didn’t have any incentive to find work?
In case you didn’t know, a Government is “of the people, by the people, for the people.”
When “the people” decide that having too much poor people roaming the streets isn’t what they consider to be exactly civilized, then you just have to accept that.
Posted by: Willem van Oranje | September 18, 2008, 1:26 pm 1:26 pm
JohnTX,
Google medical fraud in Medicare, and how the government has to pay double of triple the market costs for equipment.
That’s one example of what I’m referring to.
Posted by: hippie_chucker | September 18, 2008, 1:27 pm 1:27 pm
“my sister lives in denmark…she turns down extra translating work because after the socialist govt. gets their hand on it, it’s not even worth doing”
Your sister also enjoys free health care which I imagine helps out the independent contractor. European tax codes tend to focus on individual income so that may be her issue.
You asked for reasons to run a business Western Europe.
I give you 3 specific reasons.
You give me a story about your family which has little bearing on running a business in Western Europe.
Posted by: Ryan C | September 18, 2008, 1:28 pm 1:28 pm
“We need to raise more poor people into the middle class. I have a hard time believing ignoring them like the Republican platform seems to advocate, is the best policy.”
JohnTX,
Of course we need to raise more poor people into the middle class. That’s exactly the path I’ve travelled in my life. The $64,000 question is: what’s the best way to do that?
Conservatives believe the best way the federal government can help is by promoting the most competitive environment possible for the free market system to thrive, provide jobs and so on. Liberals believe the best way to help is by direct intervention with market controls, welfare, etc. I believe the truth lies somewhere in the middle. The 50 year War on Poverty has been an unqualified failure and Wall St. left unchecked will swallow it’s own tail as we’ve seen.
Unfortunately I think whoever wins won’t be unable to get anything done with the current mood in D.C. Reagan was able to work with Tip O’Neil, Clinton with Gingrich. It’s much better to argue about who should take credit for successes than take blame for failures. Seems like we’ve forgotten that along the way.
Posted by: Woody | September 18, 2008, 1:28 pm 1:28 pm
“McCain has no plan for red/ucing our force in Iraq and that costs us billions every single month.”
Posted by: Belle Starr | September 18, 2008, 1:29 pm 1:29 pm
hippie_chucker, which of course would be fixed if we implemented a sane universal health care system instead of doing this willy nilly crap we do right now.
It isn’t just medicare that pays way too much money for health care, the *entire* US does. We pay significant more money per person than any country in Europe or Canada. Our costs are *insane*.
Posted by: johnTX | September 18, 2008, 1:29 pm 1:29 pm
so Belle Starr:
glad to see you agree that it should be a national policy to transfer corporate excess oil profits to the people…… very liberal of you,,, who wooda thunk it
Posted by: Rex | September 18, 2008, 1:29 pm 1:29 pm
“Google medical fraud in Medicare, and how the government has to pay double of triple the market costs for equipment”
Does fraud not exist in the private sector?
Medicare doesn’t have to pay executive bonuses or CEO pay or advertising.
The overhead is 3 times less that than private insurance.
That is why opening up the rolls of public health plans is going to beat the private ones in the market place.
Posted by: Ryan C | September 18, 2008, 1:31 pm 1:31 pm
John,
the author of Canada’s healthcare plan now believes that free market principles are the only solution to the long wait times and poor service that plague them. Interesting that you’ld want to turn over your life to the same bunch that gave us Amtrak, Social Security, and the warm fuzzies at the IRS.
It’ll be like going to get your drivers license, but your life is at stake…
Posted by: hippie_chucker | September 18, 2008, 1:32 pm 1:32 pm
Ryan C: “Watchdog groups peg that wasteful spending at about $17B this current budget.”
I heard it is 18,3 Billion. But you should add that the current budget is over 2,9 Trillion. Even my 18,3B accounts for only 0,63% of the entire budget.
Posted by: Willem van Oranje | September 18, 2008, 1:33 pm 1:33 pm
Look, I’m not for socialism. I’m a fiscal conservative for goodness sakes. I’m not even a big fan of these healthcare plans (although every analysis I’ve read says McCain’s would be disastrous and force people who do have healthcare to lose it).
The big reasons I like Obama is that he’s talking about increasing research grants and small business loans/tax breaks.
The one thing Democrats got right were research grants. Half our industries wouldn’t exist without them. Breaks for small businesses are huge too. Anything to help them along improves our economy.
Posted by: johnTX | September 18, 2008, 1:33 pm 1:33 pm
Ryan
Fraud?
you mean where companies actually BID on medical equipment? that type of fraud?
You honestly believe there are $600 hammers being bought on the free market?
Posted by: hippie_chucker | September 18, 2008, 1:34 pm 1:34 pm
“it should be a national policy to transfer corporate excess oil profits to the people”
Posted by: Belle Starr | September 18, 2008, 1:35 pm 1:35 pm
These watchdog groups, they wouldn’t be the “nonpartisan” Brookings Institute, or that ilk?
Posted by: hippie_chucker | September 18, 2008, 1:36 pm 1:36 pm
hippie_chucker, oh, Canada’s system is screwed. There are several European countries with working systems though however, we tend to have better doctors.
Of course, there are people here that fly to India now to have major operations because it is so much cheaper. Maybe that will be the future of our healthcare system. Outsourcing. That’s right up the Republican alley isn’t it?
Posted by: johnTX | September 18, 2008, 1:36 pm 1:36 pm
Tungsten,
If Obama wins and the Dems maintain control of the House and Senate, watch out. Remember when Bush had the same advantage? How many spending bills did he veto? Zero. And you think Obama will be different because …? It looks like the Dems will indeed get their chance to run the whole show. Just pray they don’t blow it like Bush and Co. did, ya know the whole power corrupts, and absolute power corrupts absolutely thing.
I know everyone is worried about four more years of Bush but I’m equally worried about four more years of Jimmy Carter. There are actually some striking similarities in the marketplace with the late 70′s right now. High fuel and food costs, a depleated military, a credit crunch and an inexperienced leader. If we had 18% mortgage rates we would be all set!
Posted by: Woody | September 18, 2008, 1:39 pm 1:39 pm
Belle Starr
you socialist radical you..
now you want to transfer ‘Corporate profits, period’ to the people? I don’t even go that far..
Posted by: Rex | September 18, 2008, 1:40 pm 1:40 pm
John,
Im not defending our health care system, it needs reform. But asking the govt, to run something like this is insane….a govt. bureaucrat, with a lifetime job, is going to give a crap about you and your problems? Government is the last organization who should be stepping in when your life’s at stake.
Try calling the IRS, RIGHT NOW, and get some tax questions answered. Leave a message, and tell me how long it takes to get someone to call you back.
Posted by: hippie_chucker | September 18, 2008, 1:41 pm 1:41 pm
” … worried about four more years of Jimmy Carter.”
Posted by: Belle Starr | September 18, 2008, 1:43 pm 1:43 pm
The McCain-Palin campaign immediately pounced.
That’s because they put their tax bracket ahead of their country.
Posted by: Germanicus | September 18, 2008, 1:44 pm 1:44 pm
Ryan,
Point taken on the corp. tax rates in Europe. Now Im really depressed we’ve got a higher rate than Western Europe, for God’s sake.
Posted by: hippie_chucker | September 18, 2008, 1:45 pm 1:45 pm
Rex, it is very weird to have Republicans defending Palin isn’t it? I mean, she is an actual socialist governor of a welfare state.
Literally. A welfare state. Alaska handed out what, $4,000 to every man, woman and *child* this year. They don’t have income tax or sales tax. They just tax oil companies and get handouts from the Federal government.
I mean, the best Democrats came up with was a one time windfall tax – not an ongoing 25% tax on oil company net revenue.
Posted by: johnTX | September 18, 2008, 1:46 pm 1:46 pm
Re: Posted by: Ryan C | Sep 18, 2008 1:31:11 PM
The overhead is 3 times less that than private insurance.
That is why opening up the rolls of public health plans is going to beat the private ones in the market place.
———————–
Ryan, good post. Where can I find data supporting overhead being 3 times less?
Posted by: Dave in lv | September 18, 2008, 1:46 pm 1:46 pm
“my sister lives in denmark…she turns down extra translating work because after the socialist govt. gets their hand on it, it’s not even worth doing”
And that way, she also helps another translator out of poverty …
I’ve lived in Europe for a long time and stories like this were popular at birthday parties but when pressed for details, they turned out to be false or extremely exaggerated.
It always concerned couples who were hoovering around a particular tax bracket: making a little bit more caused them to pay a higher tax on that extra income. But when they got the chance to make that extra bit of money, all of them took it. Their net income still increased.
Posted by: Willem van Oranje | September 18, 2008, 1:48 pm 1:48 pm
you socialist radical you..
now you want to transfer ‘Corporate profits, period’ to the people? I don’t even go that far..
Posted by: Belle Starr | September 18, 2008, 1:48 pm 1:48 pm
Woody;
OK, let’s for a moment sweep away the precise proposals that both McCain and Obama are making for now. The reality is that Presidents have both more and less power than we think during the campaign. Reagan, for example, was effective because he had charisma and a broad vision that people got behind. These times will require a president with unusually steely nerves and CHARISMA. Perhaps this is what the Right fears: that in Obama, the moderates and liberals have their Reagan.
McCain is chaotic, reactive, and completely uncharismatic. Obama is steady, planful, and charismatic. Who will be a better president, given that both will have to govern as moderates?
My sense is that McCain’s wooden “I’ll shake things up!!!!” pitch will play less and less well in a nation that has seen too much shaking.
Posted by: Tungsten | September 18, 2008, 1:48 pm 1:48 pm
So, Germanicus, you didn’t itemize on your taxes, I take it? You just wrote down what you made, and didn’t take any deductions for your house, children, etc-because you put country first, right?
Guess who also itemized their taxes-the Obama’s-yet expect us to pay even higher rates.
When they had the chance to fund the government, they did not.
And I know all you people who agree with Biden did the EXACT same thing.
Posted by: hippie_chucker | September 18, 2008, 1:49 pm 1:49 pm
johnTX
agree… it is a very curious thing.
redistribute wealth under a republican heading and it’s a great American policy worthy of praise..
suggest it under a Dem heading and it’s “socialism”
Posted by: Rex | September 18, 2008, 1:51 pm 1:51 pm
Dave in lv,
Google is your friend.
Medicare overhead costs are pegged at about 2% to 3%.
Private insurance overhead ranges from 10% to 25%.
Posted by: Ryan C | September 18, 2008, 1:51 pm 1:51 pm
I am proud on the commentators today.
Sure I am one mean sob but the exchange of ideas on this thread has been much more pleasant than recent weeks.
Posted by: Ryan C | September 18, 2008, 1:54 pm 1:54 pm
Rex and John,
For the record, alot of conservatives are upset about the windfall profits in Alaska, just so you know. Your feigned surprise at the political calculation here is a bit naive, considering what’s happened on both sides, methinks.
Posted by: hippie_chucker | September 18, 2008, 1:54 pm 1:54 pm
“Obama is steady, planful, and charismatic.”
Posted by: Belle Starr | September 18, 2008, 1:56 pm 1:56 pm
Obama’s tax increases only really go to those making over $603,403 a year.
Google “obama and mccain tax proposals”. Should be the first entry. The graphic clearly shows this.
The Republican philosophy of tax cuts for the wealthy that will lead to job growth and prosperity for us all has FAILED!
Posted by: cincyr | September 18, 2008, 1:59 pm 1:59 pm
It is the differences between the Obama and McCain administrations I’m more interested in. After all, how many campaign promises do presidents actually keep?
I trust Obama to hire smart people. His campaign isn’t full of lobbyists and seems to operate really well. His economic policies are endorsed by a majority of polled economists. His healthcare proposals, while not great, are ranked better than McCain’s.
McCain’s campaign looks like Bush’s and I’d expect his administration to look a lot like Bush’s too. God forbid anything happen to him because I don’t even want to imagine what a Palin administration would look like. That woman has cronyism written all over her.
More importantly, I do not see McCain operating very efficiently with a Congress controlled even more by Democrats. Sure he has that whole “across the aisle thing”, but he is so against any compromise on earmarks and he has essentially morphed into Bush in so many ways, that I believe he would end up just butting heads against Congress for 4 years. They say this congress is a do-nothing congress, but let’s be honest with ourselves here – there have been more fillibusters and more Presidential vetos than ever before. What we have today is a failure to negotiate. I can’t imagine a McCain administration would be any better.
Posted by: johnTX | September 18, 2008, 1:59 pm 1:59 pm
“The campaign to oust Mac would start on Jan 21.”
Posted by: Belle Starr | September 18, 2008, 2:01 pm 2:01 pm
JohnTx: “although every analysis I’ve read says McCain’s would be disastrous and force people who do have healthcare to lose it”
Studies say it could be 20 million.
And not only that. People who have employer based healthinsurance will see an increase in paid taxes.
Posted by: Willem van Oranje | September 18, 2008, 2:01 pm 2:01 pm
If Joe is so concerned about helping people out and doing the right thing–he should be patriotic and give alittle more to charity.
Posted by: harry | September 18, 2008, 2:04 pm 2:04 pm
Ryan C – get you facts – over 60% of the cost of medicare is overhead expenditures, just like 75% of the education budget is overhead
Government control is more wasteful then anything on earth!
The only split in this country is in Washington and from the Obama Drones!!
If Obama gets in you can see a repeat of when Stalin got in to Russia!!
Posted by: SPOCK | September 18, 2008, 2:05 pm 2:05 pm
Just when you thought it was safe….Biden’s back…God luv him!
Posted by: TruthHurts | September 18, 2008, 2:06 pm 2:06 pm
Obama/Biden will they eliminate all deductions? Isn’t that the patriotic thing to do. never mind honoring the National Anthem (as Josh Howard said blacks don’t have to respect that s- word.)
Posted by: geevill | September 18, 2008, 2:08 pm 2:08 pm
70% of all businesses are small business.
They should all vote for John McCain.
BO will kill small businesses making over $250,000–and the jobs that go with them.
40% of Americans that do not pay taxes will get handouts from Obama. So he is lying when he says 95% will get cuts.
Posted by: cindy in nc | September 18, 2008, 2:08 pm 2:08 pm
“If Obama gets in you can see a repeat of when Stalin got in to Russia!!”
Posted by: Belle Starr | September 18, 2008, 2:08 pm 2:08 pm
While the press is busy questioning the fitness of Palin to be VP how come they are not questioning Biden? One of the main jobs of the VP is to help the president get his agenda passed. With Biden continually making gaffs like this one wonders if he will be more of a hinderance than a help in an Obama administration.
Compare this to Palin. In a McCain administration Palin will play a key role in communicating with the base, and getting the base to support McCain’s agenda. The effectiveness of a McCain administration will depend in large part on how well Palin does in getting the base to support McCain. Based on her performance so far Palin should be able to perform this role well.
It is curious that people assume Palin will be useful only in helping McCain get elected. They forget how important communication with the base is in governing.
Posted by: David H | September 18, 2008, 2:09 pm 2:09 pm
By the way why are they stealing Kerry’s lines of 250,000 dollars or more, by the end Kerry at it at 100,000. Obama already said he is raising taxes on everyone ah if Bush lowered taxes , as he did and Obama takes that away is that not RAISING TAXES!!!
Say NO to The LKibs, vote in the ticket that has proven to fight for the people McCain / Palin they took on Government Spending, they took on the oil companies, they took on corruption.
Obama/ Biden get donations from the Corrupt, they are corrupt. They spread racism and sexism!! and Hatred of all kinds to split the US.
Posted by: SPOCK | September 18, 2008, 2:10 pm 2:10 pm
“the country is going Democratic”
Posted by: Belle Starr | September 18, 2008, 2:14 pm 2:14 pm
hippie_chucker:
if the rest of the U.S. received what Alaskan citizens get per person, per family from the windfall profit it would certainly help with the overall economy…
with a family of 5 you would get, I believe somewhere’s in the neighborhood of a
$12,000 share per family.. that would certainly perk up the economy
I agree that they must be conservatives freaking out that Palin’s done that, but, does the republican party platform support her on this or not,….. if not, they should say so.
BTW; Belle Starr
google/yahoo ‘stalinism’ and you will come up with a pretty good description of Bush & Cheney.
Posted by: Rex | September 18, 2008, 2:15 pm 2:15 pm
David H, actually the only real duty of the VP is to cast tie breaking votes in the Senate – something that Joe Biden is more than qualified to do.
Everything else is informal. In the past, VPs essentially went to funerals and parties. That’s why we vote the top of the ticket.
The only reason why the question of Palin’s abilities are in play is because of McCain’s advanced age and history of cancer. Normally, we just make sure the VP is not an idiot and somewhat capable to manage the country in the unlikely death of the president. However, McCain’s likelihood of death is much greater than normal.
So we care more about Palin than we do Biden. Obama isn’t likely to keel over any time soon.
Posted by: johnTX | September 18, 2008, 2:16 pm 2:16 pm
Rex,
My support of domestic drilling is largely based on tax revenue and jobs…enough to bail us out of our staggering debt, so in that regard I support oil revenues.
I’ll get behind any other alternatives the same way, if they can demonstrate viability like oil, too.
Windfall profits on big oil, who’s net profit is less than Microsoft’s (7%) is pure socialism, in my opinion.
Posted by: hippie_chucker | September 18, 2008, 2:21 pm 2:21 pm
Pacific Moderate,
You can’t discount the bush tax cuts, which McCain continues, and compare them with Obama’s.
Obama wants to end that tax cut-which affects the ENTIRE middle class positively, despite liberal claims otherwise.
Posted by: hippie_chucker | September 18, 2008, 2:27 pm 2:27 pm
The whole coastal drilling thing is sort of silly though. No state on the western seaboard is going to approve drilling and a whole lot on the Eastern seaboard also don’t look too enthusiastic.
That leaves us with essentially Florida which seems keen.
Woo hoo, we’ll end up with 1/100th of a penny worth of new oil and maybe a thousand new jobs
Posted by: johnTX | September 18, 2008, 2:27 pm 2:27 pm
John,
Actually the majority of Americans support coastal drilling, even those on both coasts.
That’s why the Dem bill is the most cynical I’ve seen, in that it takes away tax revenue from the states, leaving them with zero incentive to drill, while at the same time barring platforms within 50 MILES of the coast-exactly where all the oil is.
Posted by: hippie_chucker | September 18, 2008, 2:31 pm 2:31 pm
People with income 250.000 $ or more ,vote Republicans on 2000 and 2004. That is what the data confirm. In that case they should be prepared to pay for the economic chaos created by Bush decisions Next time they should be more careful for who they vote.
Posted by: foreclosure | September 18, 2008, 2:31 pm 2:31 pm
Joe’s socialist side is showing.
This is the change Obama is talking about–shades of Frank Davis.
Posted by: cindy in nc | September 18, 2008, 2:31 pm 2:31 pm
hippie_chucker, yes, unfortunately the majority of Americans (those not living in a coastal state) have no say in the matter. The states decide if they should drill or not in the end and a lot of coastal states are showing no interest.
The bills in Congress would only allow them to drill if they wanted to.
Posted by: johnTX | September 18, 2008, 2:35 pm 2:35 pm
The Bush tax cuts expire in 2010 unless Congress votes to extend them. Not likely whoever is elected. Since Obama has now said he won’t repeal them either, they’re off the table as a campaign issue – except for those voters who think it’s irresponsible to expand government and increase handouts without increasing taxes.
Posted by: marylou | September 18, 2008, 2:36 pm 2:36 pm
Foreclosure,
explain Bush’s decisions and how they have let our markets unravel, comparing them with Clinton’s, since we’re making blanket statements.
Alot of this crisis can be put on the backs of Fannie and Freddie relaxing credit standards, in the pursuit of “homeownership for everyone”.
McCain sounded the alarm in ’05 in a bill, but it was killed in Dem. committee.
Chris Dodd, Barney Frank, Dems who run oversight of Fannie/Freddie, each received in excess of 100k from lobbyists for Fannie/Freddie…Obama is number 2 on that handout list, btw, as well as having former CEO’s of both on his staff.
Posted by: hippie_chucker | September 18, 2008, 2:38 pm 2:38 pm
John,
You’re right, of course about it being a legislative matter, which would again thwart the will of the people.
That’s what I mean-Pelosi has drawn up a bill that takes away state’s incentive to drill in the first place-tax revenue and jobs! The icing on the cake is the 50 mile rule.
Bush will veto it, and rightly so, and then they’ll play the “hey, we tried” card.
Posted by: hippie_chucker | September 18, 2008, 2:42 pm 2:42 pm
“By the way why are they stealing Kerry’s lines”
Democrats calling for taxes on the rich is somehow stolen from kerry?
So what is McCain’s tax & spend liberal sctick? A theft from Reagan?
Posted by: Ryan C | September 18, 2008, 2:44 pm 2:44 pm
hippie_chucker
maybe at the heart of the discussion is how bad people think things really are….
certainly the security of the U.S. is at risk by not having a secure energy supply free of random oil markets….. why America is not racing to solve that problem is a mystery to me….. oil will not last,
temporary drilling is what it is… assuming that oil reserves are there to be found, it will be a while until any of it finds it’s way into the U.S. economy….. meanwhile U.S. Oil Co’s, if I remember right, export around 20 to 30 percent overseas …..
retuning an oil economy will be messy and dangerous but it has to be done,
it is an over used cliche, but, it has some truth in it: if you can put a man on the moon in 10 years, there’s a lot that can be done in new alternative energy research and development right now.
Unregulated industry is a danger….. from pollution to capital markets…. left to their own devices they will take advantage and screw as many people as possible, consequences be damned….the Republican mantra of ‘trust biz’ to do the right thing is at best silly….
have to go….. will resume at a later time…
Posted by: Rex | September 18, 2008, 2:53 pm 2:53 pm
Ok this is the gameplan everyone. The top percentage will pay a little more taxes and we retool America ok then we lift everyone ones ship from the bottom up right up to the top percentage paying a little more taxes so everyone profits. Obama/Biden have not been p….. off anyone so they can work with everyone in DC. It will still be divided in DC you see the Republicans love to block bills and the Deocrats are the majority and can’t pass to many bills. Think Team work everyone! Vote Obama/Biden!
Posted by: Jaques | September 18, 2008, 2:56 pm 2:56 pm
Jacques,
If the top 1% of earners pays a whopping 39% of all our taxes….and 38% of Americans don’t even pay ANY taxes….wouldn’t the fair thing to do would be to ask those who aren’t paying….to actually pay?
A flat tax is what is truly fair to everyone, Jacques.
As maligned as the rich are by the left, most are trying to give their families the best they can-the best schools, colleges, etc…in other words, people tend to live their means.
Of course, exceptions abound, but I am speaking of the majority of small business owners in this country, not the Bill Gates types.
Posted by: hippie_chucker | September 18, 2008, 3:06 pm 3:06 pm
How about the conflict when we’re crying about the economy and yet $800 million is being flushed down the toilet with this election? What if that money could be put into Wall Street or somewhere else to stimulate the economy? I do not want to hear the cry poverty line during this costly campaign. Obama can always bring in the big bucks with Hollywood Elite, tho.
Obama is back with a four point lead due to the economy….after debates those numbers will drop.
Posted by: Emma | September 18, 2008, 3:08 pm 3:08 pm
“From each according to his ability, to each according to his need.” Karl Marx
Posted by: marylou | September 18, 2008, 3:18 pm 3:18 pm
Obama is back with a four point lead …
Posted by: Belle Starr | September 18, 2008, 3:18 pm 3:18 pm
“From each according to his ability, to each according to his need.” Karl Marx
Which devolves into a society where no one is capable and everyone is needy. Ayn Rand
Spy Vs Spy
Posted by: len | September 18, 2008, 3:39 pm 3:39 pm
The conservatives say that the percentage of the income you take should be a fixed number and that’s fair.
The liberals say that the percentage of the income you take should be based on how much “pain” it causes you and that’s fair.
Technically they are both right and they are both fair. So we can only go based on what is realistic. A flat tax is very much not realistic. It would cause the majority of Americans to slip into poverty and we all know what happens then – a massive increase in crime which benefits no one.
Posted by: johnTX | September 18, 2008, 3:45 pm 3:45 pm
“a massive increase in crime which benefits no one.”
Posted by: Belle Starr | September 18, 2008, 3:50 pm 3:50 pm
Belle Starr, that statement would only make sense if Biden was a Republican. Republican believe in a flat tax system, not Democrats.
Posted by: johnTX | September 18, 2008, 3:52 pm 3:52 pm
Aye Woody, there has actually been meaningful debate here. I mean, once you get the ideologues out, it gets interesting.
I mean, the merits of the various systems and the realities and what not.
It would be far more interesting if only independents were allowed to debate. :)
Posted by: johnTX | September 18, 2008, 3:54 pm 3:54 pm
John,
I know you don’t, but I could ask if do you believe that the poor shouldn’t have to pay, say, sales tax either, if it’s so hard for them to pay their own income taxes.
Years ago, before we had government sponsored poor people, who are supported by those of us that have had some success in life, it was an embarrassment to be poor, and people flocked to live here because it was obvious that you could do well in America.
Now, with so many living off the govt, the incentive to move off poverty is gone, and with it, large segments of population don’t even know how to get a job, or that they even need jobs.
It’s like those who didn’t evacuate Katrina-they grew up their entire lives dependent, then depended on the govt. to evacuate them, then depended on the govt. to rebuild their homes. The non dependent people, poor and rich, evacuated.
People complain about the govt. reponse to Katrina, and it was horrible-but I always tell people that is what you get when you depend on the government for direction/assistance/food, etc.
Posted by: hippie_chucker | September 18, 2008, 4:20 pm 4:20 pm
Again, any of you who think Biden is right, stop itemizing your tax returns this year. Definitely don’t give that money to your own charities, that you know work, or to your own church, where it will go directly to those in need.
Give the money you’d save in tax deductions directly to the federal government, and ask yourself if that money that you could directly give to charity will be well spent by our government, regardless of who gets elected.
Biden only gave $327 in charity last year, which is truly pathetic given his rhetoric……
Posted by: hippie_chucker | September 18, 2008, 4:26 pm 4:26 pm
hippie_chucker, actually so we get things clear. I’m an independent. My recent Democratic leanings are entirely due to this Presidential race. Actually, normally I lean Republican or did before they started getting involved in my social life.
I actually believe we should put poor people to work. I mean, if they are going to take government handouts, they should be required to either be enrolled in school or be working and they sure as hell shouldn’t be living in the most expensive areas in the nation.
The problem is that my libertarian leanings refuse to meddle at this level.
So I essentially swing between Republicans and Democrats every year hoping that one side will trigger the poor to work for their keep and the other side will keep them from robbing me blind.
I know that’s kind of sad, but it’s true. This year however, I’m mostly for Obama for certain policies related to education which I’m all too happy to spend vast quantities of money on since I have trouble finding college graduates at this point.
Posted by: johnTX | September 18, 2008, 4:27 pm 4:27 pm
“It’s like those who didn’t evacuate Katrina-they grew up their entire lives dependent, then depended on the govt. to evacuate them, then depended on the govt. to rebuild their homes.”
Posted by: Belle Starr | September 18, 2008, 4:52 pm 4:52 pm
johnTX,
You make some good points about flat taxes vs. graduated taxes but you omit a key point: the current tax system is graduated and rife with loopholes and crazy dodges that allow the very wealthy to escape paying taxes a rate equal to the average Joe.
What about a kinder, gentler flat tax? If we had a flat tax of say 15% that where the first 30K in income was exempt, would reason and fairness then balance out in your mind? Even though it would mean slightly more taxes for me personally I would be all for it. And I really wouldn’t feel any more patriotic, I just think it’s a much better way to go than what we have now.
Posted by: Woody | September 18, 2008, 5:32 pm 5:32 pm
Patiotism?
Giving MORE money to the sane idiots who invented the CREEP program that is threatening to destroy our financial system.
Biden is just flat-out stupid.
Posted by: notafool | September 18, 2008, 6:29 pm 6:29 pm
People with income 250.000 $ or more, vote Republicans on 2000 and 2004. That is what the data confirm. In that case they should be prepared to pay for the economic chaos created by Bush decisions .Next time they should be more careful how they vote.
Just a minute McCain said the fundamentals of the economy are strong .Probably he was thinking about the family Business.
Was hilarious to watch Cindy McCain, when Senator McCain on his speech talks about the big salaries of the CEO’s, and how greedy they are.
The wealthy cheerleading Bush Administration for so long.
And clapping at any opportunity for the stupid war on Iraq which have create trillion of dollars in Debt, The question is. Who and how to you want think would pay for this mess. The Penguins of Antarctica?
Posted by: foreclosure | September 18, 2008, 6:35 pm 6:35 pm
You want to talk about facts? Let’s talk about the stupid war on Iraq Thousands of brave Americans dead and injured. Let’s talk about the deregulation of the market and for consequence the collapsed economy. Lets talk of the billions dollars gifted to the oil companies resulting on today price of petrol.
What the ostrich and the Republicans have in common. Let me guess
An ostrich bury its head in the sand and pretend everything is fine
Republicans do the same and follow McCain
America and the world is suffering with the blunders of Bush Administration and McCain his sidekick 90%of the time.
Posted by: foreclosure | September 18, 2008, 6:40 pm 6:40 pm
Biden is right. We think nothing of asking our poor and middle-class to put their very lives on the line in a time of war, but we want tax cuts for the rich in a time of war to amass huge deficits to give to our grandchildren? Now, we have to bail out Wall Street because of their greed and ineptitude, but the president has threatened to veto health care for children because of cost? I understand that we need to grow the economy, but we must have balance, or our middle class will disappear. Not all policies that benefit corporations benefit the middle class.
Posted by: Ang | September 19, 2008, 1:07 pm 1:07 pm
They are crazy! All they want to do is get more of our hard earned dollars. We have Obama running around this week saying “the sky is falling” and Patsy Pelosi and friends go home. It doesn’t add up. Except for the big baseball steroid hearings they haven’t really addressed any big issues or accomplished anyone
Posted by: ubu2008 | September 19, 2008, 6:11 pm 6:11 pm
Biden is here to make obama lose. It couldn’t have gone better if the republicans somehow planted him as the lib’ VP candidate. LOL!
Posted by: LOL | September 19, 2008, 6:32 pm 6:32 pm