Still don't have the answer about Taxes

[Dr. Zhivodka]

Keogh plan combined with a Money Purchase or Defined Benefit Plan or Profit Sharing Trust or etc....etc..

whine bags...jeeze.

 

[iceman1]

Quote from flytiger:

You think this lame bastard is going to give you an answer on taxes?

Look at this:

Obama says he's rooting for Phillies AND the Rays...

He'll Probably send our troops into Iran and stay neutral, not wanting to offend anybody.

Unlike someone (maybe like you) who has little or no dignity and doesn't mind whom he offends??! Ok, I get it!

 

[seneca_roman]

Quote from NeoRio1:

Sense i never got anything that would qualify as an answer a couple days ago i will ask the exact same question. Do the Obama supporters here truly think that increasing taxes on people and businesses that make over $250,000 will help the economy right now in it's present condition?

I believe what you are referring to is Obama's plan to let the current tax cuts expire.

Best to listen to what John McCain said about these a few years ago when he was running against Bush:

“I don’t think the governor’s tax cut is too big—it’s just misplaced. Sixty percent of the benefits from his tax cuts go to the wealthiest 10% of Americans—and that’s not the kind of tax relief that Americans need. … Gov. Bush wants to spend the entire surplus on tax cuts. I don’t believe the wealthiest 10% of Americans should get 60% of the tax breaks. I think the lowest 10% should get the breaks. …

“I’m not giving tax cuts for the rich.”
Hell, that's better than Obama's argument.'

Better is this one, and note the argument AGAINST cutting the 39% rate that all the Joe the Plumber fuss is all about:

“Mr. President, the principle that guides my judgment of a tax reconciliation bill is tax relief for those who need it the most—lower- and middle-income working families. I am in favor of a tax cut, but a responsible one that provides significant tax relief for lower- and middle-income families. And I commend Sen. Grassley for moving in that direction. But I am concerned that debt will overwhelm many American households. That is why tax relief should be targeted to middle-income Americans. The more fortunate among us have less concern about debt. It is the parents struggling to make ends meet who are most in need of tax relief.

“I had expressed hope that when the reconciliation bill was reported out of the Senate Finance Committee, the tax cuts outlined would provide more tax relief to working, middle-income Americans. However, I am disappointed that the Senate Finance Committee preferred instead to cut the top tax rate of 39.6% to 36%, thereby granting generous tax relief to the wealthiest individuals of our country at the expense of lower- and middle-income American taxpayers.”
Seneca