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( football )
Executive
 Patron
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So I was thinking today about how Obama promised to "lower taxes for 95% of Americans", and it made me ask, "Does that mean less than 5% of Americans don't have to pay taxes?". That number seemed incredibly low to me, so I went online and looked it up. Turns out, as of 2006, about 41% of Americans don't pay any taxes to begin with, so how does Obama propose to cut their taxes?
http://www.taxfoundation.org/research/show/1410.html
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8:37 pm on Nov. 9, 2008 | Joined: Mar. 2005 | Days Active: 242
Join to learn more about football Colorado, United States | Straight Male | Posts: 1,901 | Points: 3,858
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 LiveWire Humor
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Fortis Obscurum
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Concentration camps are going to make a comeback.
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I dream not to be a Super Hero, but a Super Villain.
Then will I unite the world, where other Heroes have failed.
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Catalyst11
Connoisseur
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hes going to lower taxes for 95% of WORKING americans, meaning they pay taxes.
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People are inherently stupid. Under the right circumstances
they will believe anything.
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8:38 pm on Nov. 9, 2008 | Joined: Nov. 2007 | Days Active: 262
Join to learn more about Catalyst11 North Carolina, United States | Straight Male | Posts: 4,383 | Points: 7,261
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longhornforever23
Lawn Care Specialist
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just wait and see what happened
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XxemochickxX
Visionary
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i honestly do not think that taxes will ever be cut.
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He said "i ♥ you"
I sneezed and said "sorry im allergic to bullshit"
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TruexZero
Visionary
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his plan means that 95% of tax-payers get tax cuts. If you make under 250k a year you get a tax cut.
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I will never fall, as far as I have come.
[I'm one of S K A's hoes! ;D]
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8:38 pm on Nov. 9, 2008 | Joined: Nov. 2007 | Days Active: 233
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prettyinpurple
Professional
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woah that really is interesting.
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oh, wow!
I see you.
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Post from this position was omitted due to content violations
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trinity14
Professional
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dame you got me there
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im living my life i guess idk.
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( football )
Executive
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Quote: from TruexZero at 4:38 pm on Nov. 10, 2008
 his plan means that 95% of tax-payers get tax cuts. If you make under 250k a year you get a tax cut.
Again, HE never said that. You can't just put words into his mouth to make what he said make sense. If that is what he meant he either should have said that, or done the simple math to find out what 95% of taxpayers was, and said that. By the way 95% of taxpayers is 56% of Americans, see how easy that was? But saying he will lower taxes for 56% of Americans doesn't sound nearly as nice as 95% does it? Just saying...
Post edited at 8:48 pm on Nov. 9, 2008 by football
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8:43 pm on Nov. 9, 2008 | Joined: Mar. 2005 | Days Active: 242
Join to learn more about football Colorado, United States | Straight Male | Posts: 1,901 | Points: 3,858
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Pierson5085
Grasshopper
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well im not really into politics but i think that taxes should be lowered for the people who actually work for a living. .
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Corey & Kimie
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shadowpool
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I hope he cuts government spending first. Tax cuts + increases in spending are excellent ways to make our currency worthless. I don't have high hopes for Obama. I have a sneaky suspicion that he's just going to stoke the fire burning our economy.
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You create your past.
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9:01 pm on Nov. 9, 2008 | Joined: Nov. 2005 | Days Active: 893
Join to learn more about shadowpool California, United States | Label Free Male | Posts: 11,745 | Points: 24,558
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GeneCosta
Dairy Product Addict
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Quote: from football at 8:37 pm on Nov. 9, 2008
So I was thinking today about how Obama promised to "lower taxes for 95% of Americans", and it made me ask, "Does that mean less than 5% of Americans don't have to pay taxes?". That number seemed incredibly low to me, so I went online and looked it up. Turns out, as of 2006, about 41% of Americans don't pay any taxes to begin with, so how does Obama propose to cut their taxes?
http://www.taxfoundation.org/research/show/1410.html
That 41% number is incorrect. It does not factor in the difference between a payroll and income tax. Furthermore, to even qualify for the impoverished benefits, you have to file an income statement. So theoretically you are paying taxes. "Don't have to pay any taxes" is an indigenous statement in lieu of events. The poor penny up for the property, sales, and gas tax, just like anyone else. If you want to talk about tax breaks, you have only to look at the top income earners. Post edited at 9:08 pm on Nov. 9, 2008 by GeneCosta
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Sell a man a fish, he eats for a day, teach a man
how to fish, you ruin a wonderful business opportunity. - Karl Marx
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