McCain and Obama tax plans

[Freecare Spiritwise]

Lie, Cheat and Kill your way to the top... then you might survive?

Clearly thats a perfect thing to teach children...

I don't think wall street is hiring now

[Kulaf]

You tell me Kulaf. You want lower taxes? You know who to vote for.

I want lower spending.......which will naturally result in lower taxes. I want to shift the tax burden from the federal level.....to the state level. The Federal government should only be concerned with offering a basic level of support to all states and the states should shoulder the burden from there.

The problem we have right now is nearly every state is afraid to tax appropriatly at the state level because people are getting squeezed so hard at the Federal level. Think how nice your state could be......your schools......your roads if half of what you send right now to D.C. went to your states budget.

[Ddrak]

Don't mind me if I think it's completely hilarious when people in the US use terms like "squeezed so hard" when talking about their tax rates.

Dd

[Partha]

Only Randians mind, Dd. They must think that the money they pay goes into a black hole or is just straight handed to all the welfare queens that live in the 200+k homes and drive new Escalades.

[Ariannda Kusanagi]

700 billion dollars in a bail out. If you gave every American adult in the US 1 million dollars (hello, Economic Stimulation anyone ?) you'd only be out appx what 220 million dollars ? Everyone could pay OFF their houses, or afford to buy a house (hello fixing the housing market), the cost of living would be within the reach of people again, and hey if we were TAXED on that money then Uncle Sam would still be getting a good portion back. there are things that can be done, albeit they'll never see the light of day or rational discussion... but there are better things that could be done with 700 Billion dollars then bailing out the banks, who won't give the money back as loans anyway.

[Lurker]

Ariannda,

Your math is way off. Might want to check your figures.

=====

I want lower spending.......which will naturally result in lower taxes. I want to shift the tax burden from the federal level.....to the state level. The Federal government should only be concerned with offering a basic level of support to all states and the states should shoulder the burden from there.

The problem we have right now is nearly every state is afraid to tax appropriatly at the state level because people are getting squeezed so hard at the Federal level. Think how nice your state could be......your schools......your roads if half of what you send right now to D.C. went to your states budget.

Just think how nice poorer states that get more federal money back then they send in taxes will be when we shift taxes to the state level. It'll be like a utopia!

First you want to abandon poor neighborhoods in each state, and now you want to abandon poor states entirely. Nice.

[Ddrak]

If you gave every American adult in the US 1 million dollars (hello, Economic Stimulation anyone ?) you'd only be out appx what 220 million dollars?

That would be $220,000,000,000,000 (220 trillion).

Giving everyone one dollar would be 220 million.
Giving everyone a thousand would be 220 billion.

Dd

[Minute]

This is 100% irrelevant, selfish, and greedy if you ask me. I'm ok with my taxes going up if I know that what they are going up for is something that is for the good of my whole country. We are 10 trillion dollars in debt. The cost of this bail out, this war, and the future ramifications of the failing economy is my concern. I'm voting for the candidate that I believe might have a (even if slight) chance at turning this country a full 180, and not letting everything go to complete shit. Who gives a fuck about MY taxes going up a little when the entire country is in extreme dire of falling apart as a whole.

[Harlowe]

This is 100% irrelevant, selfish, and greedy if you ask me. I'm ok with my taxes going up if I know that what they are going up for is something that is for the good of my whole country. We are 10 trillion dollars in debt. The cost of this bail out, this war, and the future ramifications of the failing economy is my concern. I'm voting for the candidate that I believe might have a (even if slight) chance at turning this country a full 180, and not letting everything go to complete shit. Who gives a fuck about MY taxes going up a little when the entire country is in extreme dire of falling apart as a whole.

You make very good points. I say this somewhat selfishly, but personally I don't want my taxes to go up until spending cuts are made for unnecessary or wasteful projects. I don't want to pay more taxes to balance out a bad budget.

[Kulaf]

Don't mind me if I think it's completely hilarious when people in the US use terms like "squeezed so hard" when talking about their tax rates.

Dd

Camparitively Dd. What percentage of your federal taxes when you lived in the U.S. were your state taxes? That's what I mean. I hate invoking the spectre of our founders but I think they would never have envisioned how much we are taxed at the federal level.

[Lurker]

Should we just write off poorer states?

[Ariannda Kusanagi]

If you gave every American adult in the US 1 million dollars (hello, Economic Stimulation anyone ?) you'd only be out appx what 220 million dollars?

That would be $220,000,000,000,000 (220 trillion).

Giving everyone one dollar would be 220 million.
Giving everyone a thousand would be 220 billion.

Dd

Alright a million was a bad example, but lets not forget that whatever was given out WOULD be taxed. Ergo you wouldn't actually be spending what was spent to begin with. Something better could be done with 700 Billion dollars then giving say a 6mill sweetener to the makers of kids wooden arrows ! (sorry I can't let that one go).

and I agree with Minute. But it begs the question, if we're 10 trillion dollars in debt then hey what's another 10 trillion, or 700 billion. When is this money actually going to be paid back, where's it going to come from, and why isn't it tangible ? Right because money is the only thing that's real without being tangible when it comes to certain people.

[Harlowe]

I can't really make sense of what you are saying there.

[Ariannda Kusanagi]

The very idea that you can possibly be in debt 10 trillion dollars is staggering and not really something most people can get an actual grasp on. Tossing another 700 billion into the pot doesn't even seem like such a bad idea. I mean in the end we're all going to be taxed. Taxes will go up, and down, but really no dent will ever be made in this massive amount of debt we have. So what's really the point anyway. Just give people some cash, a decent amount, to stimulate the economy and it'll boost moral at the same time, and you'll kill 2 birds with one stone.

Politicians tell their voting public they care about them, the economy, taxes so on and so forth, but really they don't do much more then collect their salaries and continue to spend money that we don't really have to begin with (putting the US further into debt). I just ... i'm just so tired of it all.

[Fallakin Kuvari]

I think we did awesome before Reagan, and Clinton did a good job of turning it around some...

More reinforcement, for me, that Reagan was one of the worst presidents in American history... I still don't understand why so many people loved that guy.

[Ddrak]

Not spending the $700b (and it's not strictly "spending" - some of it will become saleable assets) would have landed you more in debt than spending it. What I find interesting is the Republican administration is actually talking about nationalizing some of the banks - that's just twilight zone stuff.

Dd

[Ariannda Kusanagi]

I assume Dd that by "You" you mean the country, as frankly none of this effects me personally except for the fact my taxes will be paying it.

Fallakin, people love Reagan with the blind faith they love W with. It's a generational thing mostly. My grandmother cares deeply about 2 things, her church and her President. She's 93 years old and thinks GW is gods gift. All the other little problems don't seem to bother her, but then she probably doesn't pay attention and plays with the great grand babies instead. She will almost blindly devote herself to her President (Republican of course) and even mentioning anything about a Democrat or how they might be in the White House opens up a can of worms. People of the Depression Era are Republicans (for the most part) and they will defend their beliefs until their dying day. What I see as the difference between my grandmother and someone younger is the level of coherency and the ability to see the real truth about the current (or Past, or Future) President and the mistakes that have been made and the ability to be open to new ideas and thoughts.

[Fallakin Kuvari]

People love W?

Who the fuck are these people and why haven't they died from a brain aneurysm?

[Harlowe]

People love W?

Who the fuck are these people and why haven't they died from a brain aneurysm?

Okay, you made me giggle this morning Fall.

[Embar Angylwrath]

Should we just write off poorer states?

Almost what, 75 years of taxation? And is there any appreciable difference in thise states today? Rich states are still rich (up until a few months ago anyway),and poor states are still poor. Redistributing wealth hasn't worked to make a poor state any better, relatively speaking.

To directly asnwer your question though... yes, we should. We should leave it to the state to shape its own destiny. If it's citzenry want to live in a backwater, let them. Why are you imposing your standards of the ideal state on everyone?