Posted by
rycK on Wednesday, October 29, 2008 7:31:06 PM
Obama’s Tax Income
Limit: 250, 200, 150 and Going Down. Plugs and O'bozo Must Both Be Lying.
Where did
the $250,000 number come from? Oh! Here June 13:
“COLUMBUS, Ohio - Democratic
Sen. Barack Obama on Friday called for higher payroll taxes on wage-earners making more than
$250,000 annually, a step that would affect
the wealthiest 3 percent of Americans”-- Associated Press Friday, June 13,
2008[Emphasis is mine in all quotes.]
And again:
“What I’ve said is I want to provide a tax cut for 95 percent of
working Americans, 95 percent. If you make more — if you make less than a
quarter million dollars a year, then you will not see your
income tax go up, your capital gains tax go up, your payroll tax. Not one dime.”—Obama in the McCain/Obama Debate Oct 15, 2008.
Okay, and from
the Tax Policy Center, here is how Obama's tax plan breaks down for individuals:
$0-$18,891 = $567 tax cut
$18,982-$37,595 = $892 tax cut
$37,596-$66,354 = $1,118 tax cut
$66,355-$111,645 = $1,264 tax cut
$111,646-$160,972 = $2,135 tax cut
$160,973-$226,918 = $2,796 tax cut
$226,919-$603,402 = $121 tax increase
$603,403-$2.87 million = $93,709 tax increase
$2.87 million-plus = $542,882 tax increase
“"Senator
Obama has made a lot of promises," McCain said. "First he said
people making less than $250,000 would benefit from his plan, then this weekend
he announced in an ad that if you're a family making less than $200,000, you'll
benefit — but yesterday, right here in Pennsylvania, Sen. Biden said tax relief
should only go to "middle-class people — people making under $150,000 a
year." You getting an idea of what’s on their mind. A little sneak
peek. It's interesting how their definition of rich has a way of creeping down.”—McCain
speech
““To deal with our current
emergency, I’ll launch a rescue plan for the middle class that begins with a
tax cut for 95% of working Americans. If you have a job, pay taxes and make
less than $200,000 a year, you’ll get a tax cut.”” Obama Oct 28, 2007.
Video here: http://www.newsmax.com/insidecover/obama_biden_tax_plan/2008/10/28/145070.html
But Plugs sez:
““Spreading the wealth is not
something [Obama] is talking about, Biden says. “All the tax breaks have gone to the very,
very wealthy. For example . . . under the old tax policy that was put in by
George Bush, people making an average of $1.4 million a year — good people,
decent people, patriotic — they’re going to get an $87 billion tax break,” Biden explains.
Now, I thought I heard Obama say:
“Barack Obama told a
tax-burdened plumber over the weekend that his economic philosophy is to "spread the wealth
around" -- a comment that may only
draw fire from riled-up John McCain supporters who have taken to calling Obama
a "socialist" at the Republican's rallies.”
Is this that complicated? Are they lying?
“What
we’re saying is that $87 billion tax break doesn’t need to go to people making
an average of $1.4 million. It should go . . . to middle-class people — people
making under $150,000 a year.”
Plugs Speaks:
http://www.newsmax.com/insidecover/obama_biden_tax_plan/2008/10/28/145070.html
I distinctly hear Plugs promise this tax cut to all who make less than $250,000:
“"Read my lips," Biden [this is the guy Plugs ed] said, using Bush's famous phrase while referring to a Barack Obama
administration. "Nobody, nobody making less than $250,000 is going to see
a penny of their taxes go up."—Biden in an incoherent rant at some county
fairgrounds near the campus of Ohio University in Athens on Oct 15, 2008.
““As
Obama and Biden have always said, under their plan no family making less than $250,000 will see their taxes increase
one cent,” Wade said in a statement. “If your family makes less than
$200,000 — as 95 percent of workers and their families do — you’ll get a tax
cut.”-- Biden spokesman David Wade
Well,
that makes me feel better if it is true. Why can’t they get the number straight?
It gets
complicated as we read here:
Now, we read:
“The Biden campaign later
clarified -- or at least tried to clarify -- the matter by saying that anyone
making between $150,000 and $250,000 wouldn't get a tax cut but also wouldn't pay higher taxes.” Wall Street Journal Oct 29, 2008
I guess I am confoozled
here. I was promised:
” "Nobody, nobody making less than
$250,000 is going to see a penny of their taxes go up." This seems to have changed.
Perhaps this is just so much corn hole spray from the leftist parasites who
pollute my party. The Tax Whores seem to
be thumping their thongs and playing Three Card Monty with the voters. Is Plugs playing the Rubber Stooge here? He
soars beyond reality often. His inability to handle simple numbers confirms his
lack of integrity, the deterioration of his limited neuron set and highlights his plagiarism
and cheating during law school at Syracuse.
The WSJ sums up here:
“Just as Bill Clinton [The Cigar Ceeegar Diddler, ed.]
promised a "middle-class tax cut" in 1992 only to raise taxes on the
middle class in 1993, Mr. Obama will quickly find that his tax-revenue math
doesn't add up. Add in the demands on Capitol Hill to spend more and to offset
the Alternative Minimum Tax, and our bet is that even $150,000 would soon prove
to be a moving tax target.”
Slick Willie was a
chronic liar, a lying low-life a Marxist Stooge and a parasite who was surrounded by
crooks. So we expected him to sleaze
hisself and promise anything to get elected. Perhaps Obozo was trailed by the same mole
group in the Kremlin. Is Obama as slimy as Clinton?
The Facts from the WSJ:
“An Obama Administration couldn't possibly
pay for a tax cut for 95% of Americans by raising taxes on a mere 5%. Those 5%
don't make enough money, or at least they won't after they find ways to shelter
more of their income when their tax rates rise.”
We have to realize
that federal tax revenues will crash as investors who want to avoid capital
gains taxes will sell and clear the tax liabilities and next year the capital
gains loses will subtract from tax
returns. The expected high unemployment
will also lower tax revenues.
I think it is clear
that there is no way to cut away all taxes for those in the lower 95% and this
offer of a ‘tax cut’ for the middle class is just a putrid lie and a political paddle
to whack the stupids who drool on their shoes as they mechanically vote
Democrat. They voters really are that
dumb.
These liberals are
such scum. They have no honor, morals or credibility. These two slugs have
slithered down to the gummy levels of Harry Reid, Chris Dodd, Chuckles Schumer,
Nancy The Reptile Pelosi and Willie Horton.
Why am I not surprised at this?
rycK
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