Recession, credit crisis, massive war debts, massive national debt, medicare %26amp; Social security in big trouble. And with the Recession even Big Business %26amp; the rich have less to give. Obama's universal health care program alone will be the biggest welfare program in US history.
The is no way that Obama could not tax the middle class if he wants all his new welfare programs. He has to tax them. But he sure won't tell anyone that until of course he's already in office.|||How is he going to pay? Exactly as you stated: He is GOING TO TAX THE MIDDLE CLASS! Anyone who believes otherwise is fooling themselves.
Even if.. let's just pretend for a minute,.. even if Obama is "just going to tax business," how do you think that affects the middle class?
Well, Thompson said it best, IMO:
Now our opponents... They tell you they are not going to tax your family. No, they're just going to tax "businesses"! So unless you buy something from a "business", like groceries or clothes or gasoline ... or unless you get a paycheck from a big or a small "business", don't worry ... it's not going to affect you. -Fred Thompson
|||Obama will get us out of Iraq 100 years earlier than McCain. At a billion a day, that will certainly help.|||Are you too young to remember the days of Bill Clinton. Notice currently taxes are going to war in Iraq and China is paying for it. Do you think Fascist China should take over our country since they own George Dabya's deficits.|||i 100% agree with you. neither candidate will be able to lower taxes for any class because this country is in too much debt. anyone who believes either candidate is in serious denial.|||he has a plan which i think is way better than mccain/bush|||He'll tax the people who have the big bucks, and spend money more efficiently...
...but actually, the chances of the middle class being taxed more, regardless of who is elected, is 100%. I'm being a realist here. You got to spend money to make money, and public services don't come cheap.|||Hopefully he'll cut all those welfare programs, start a new war front, hire his cronies and give them all the lucrative contracts. And if he runs out of money to give them, he'll just print more money. Who really wants a president who will try and help their own. Its feast or famine and every american for themselves. Praise be to Jesus, even though he is really brown skinned and middle eastern.|||I will first say, with all due respect, I can't understand how you would direct a question like that toward just one candidate without taking interest in what everyone would say about that. I can honestly say, without citing a source or looking at anyones budget, I'm sure there are many places where this government could trim fat. The only thing about this that really bothers me is the known connection between government and big business. It feels like there was a dfined course in the business sector to trim fat from the lowest earning positions, which I am sure saves money, but they didn't do the same thing in places that would affect higher earners. There are many unnecessary projects that lead me to believe that they're not the overall problem. It seems theres a general environment in Washington of decadence in their approach to budgeting. |||After seeing him speak 6 months ago, I'd guess he is going to snuff out US Defense programs, he will probably sell our modern weapons to eastern countries also. I am not talking about the U.S. obsolete weapons like that have been sold in the past, I am talking modern ones|||He can't. What Obama is not mentioning is that his tax plan will end up costing American taxpayers more due to the plethora of tax increases he plans to implement while cutting the basic income tax rate since he counts on uninformed taxpayers to support him without understanding the real impact of his fiscal policies. For starters, Obama plans to raise taxes on virtually all small businesses, the same businesses that employ the vast majority of middle class and lower class wage earners. These businesses have three options: cutback on wages %26amp; benefits, stop hiring new people, or raise the price of goods %26amp; services. Obama also plans to raise taxes on virtually all forms of savings and plans to place a huge tax on any capital gains made from home sales. This will virtually guarantee that young people and families starting out will have a very difficult time purchasing a first home or upgrading to a larger home. Obama's "windfall profits" tax on oil will hurt millions of everyday people who rely on the profits of these companies for their retirements since their pensions/mutual funds are based on the profits of these companies. He plans to increase the death tax, so any money that may be left to you, or that you wish to pass on to your children, will be taxed to a degree that much more than 50% of your estate will go to the federal government. The other variety of tax increases will only have one outcome: a worsening economy, and in a worsening economy, the lower you are on the economic ladder, the harder the hit will be. His policies completely go against any and all economic theory out there.|||Cutting tax loopholes, cutting spending, taxing those who don't pay any like big corporations that are stuffing their pockets instead of creating jobs, taxing the top 5%, cutting wasteful programs and I would suggest revamping the welfare system to encourage people to work and put $ into the system instead of taking advantage of it, and getting us out of that freakin war that has drained our economy, created a monstrous debt to wanted to finish Daddy Bushes job and of course oil as former alan Greenspan explained nicely.|||We'll everybody voting for Obama wants something for nothing. They don't realise that the people who think they are getting all this money are going to be the one's who are taxed the most heavily. They're going to pay for the people who don't want to works' welfare checks.|||Very good question!! The secret behind Obama's magic welfare plan is.....smoke and mirrors!!
You see--we'll pay dearly for it anyway! Obama plans to force the rich to "share" their wealth, showering the common American with some more ca$h. Well....as we commoners get richer---we'll get TAXED more for it, oh be assured there!!
Robbing Peter to pay Paul---so Paul can get Tax gouged.
Obama's universal health / welfare plan is simply socialist medical care plan given a savvy new name. It's Communism in disguise that won't make our lives any easier---and it's sure to fail.
|||Obama will raise taxes because by raising taxes he and his administration will have more political power over the American people.
Elitists like Obama believe that they know better how Americans should spend their money, and in the process realize that they can make a bundle for themselves.
This is similar to what happened and happens in Communist countries. The political bigwigs fly to their international vacation homes in private jets, while the masses live in meager apartments and go to public parks for recreation.
Ted Kennedy, John Kerry etc etc and iwannabeerichtoo Obama espouse this snake oil salesmanship to the American people.
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