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#26
#26
UT IE 95 said:
You don't have to be an "insider" with top secret information to realize the middle class is screwed regardless of the election outcome. The only potential question is do you give money to the lower class or continue to give it to the upper class?
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give money to the lower class?

cutting taxes isn't giving money to the upper class, or any class. It's allowing people to keep more of the money they earn.

someone please explain to me how you grow an economy from the ground up. Yesterday, DAVOL tried to imply that a demand for jobs will create jobs, that's nonsense. Does any rational person with even a modicum of understanding of the economy believe that Volkswagen is building a plant in Cleveland, TN because of the vast, untapped resource of unemployed people?
 
#27
#27
UT IE 95 said:
If you define the corporate world as top brass at fortune 50 companies, then yes, they probably want McCain because the Bush tax plan benefits them personally.

But if you get down to the factory floors at those corporations, they realize the Bush tax plan has sucked for them and their future and they are willing to try something different.
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Are you implying they have made less under Bush? That they paid more in percentage under Bush? That money was taken from them and given to the "rich"?
 
#34
#34
KB5252 said:
Are you implying they have made less under Bush? That they paid more in percentage under Bush? That money was taken from them and given to the "rich"?
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When factoring in inflation, the middle-class paid about the same over the last two administrations - one from each party.

That money goes either up the chain or down.
 
#35
#35
T-TownVol said:
but you are an Obama supporter, correct
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I'm a anti-Bush/McCain supporter. If McCain was running on his platform of 8 years ago I would have no problem voting for him. I think Palin is a farce, and I am not fond of having my employer provided healthcare taxed.
 
#37
#37
BigPapaVol said:
that's odd. seems to me that top 5% pays the majority of the taxes in this country.
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And the top 50% pay virtually all of it. But the question is where to money gets funneled back into the system - to top few, or bottom many? Because it sure isn't in the middle no matter who is president.
 
#38
#38
UT IE 95 said:
You don't have to be an "insider" with top secret information to realize the middle class is screwed regardless of the election outcome. The only potential question is do you give money to the lower class or continue to give it to the upper class?
Click to expand...

Interesting view you have on money. I would not classify lowering outrageous taxes on someone as giving them money.
 
#39
#39
UT IE 95 said:
And the top 50% pay virtually all of it. But the question is where to money gets funneled back into the system - to top few, or bottom many? Because it sure isn't in the middle no matter who is president.
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and the question is about which is better for the economy and there really isn't a debate that bottom of the food chain money gets poured into the system as consumption and has a short term effect on the economy. The top of the food chain money gets poured into the economy as investment and jobs, both of which ripple through the economy more than pure consumption.
 
#40
#40
BigPapaVol said:
I almost thought you were onto something, but you didn't use the word "earn", which implies a right to the money.
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I guess the Rockefeller's, Walton's, Vanderbilt's, Ford's, and Mellon's "earned" their money too? Nothing is wrong with being the children in wealthy families, but we are arguing semantics, and in some instances, "make" is in fact the better word.
 
#41
#41
rjd970 said:
I'm a anti-Bush/McCain supporter. If McCain was running on his platform of 8 years ago I would have no problem voting for him. I think Palin is a farce, and I am not fond of having my employer provided healthcare taxed.
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please do some of your own research on this...do not listen to the Dem stump speeches
 
#42
#42
rjd970 said:
I guess the Rockefeller's, Walton's, Vanderbilt's, Ford's, and Mellon's "earned" their money too? Nothing is wrong with being the children in wealthy families, but we are arguing semantics, and in some instances, "make" is in fact the better word.
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"class warfare", plain and simple...some one in the family earned the money...but since it is now a couple of generations down the line...hell take 50% of it...can you not see why this is bad
 
#44
#44
BigPapaVol said:
and the question is about which is better for the economy and there really isn't a debate that bottom of the food chain money gets poured into the system as consumption and has a short term effect on the economy. The top of the food chain money gets poured into the economy as investment and jobs, both of which ripple through the economy more than pure consumption.
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I agree that the money put into the bottom has been wasted friviously. And I'm not convinced the money at the top has any trickle down to the middle class in terms of investments and jobs.

So at the end of the day I'm no better nor worse. I either get to see billionaire living it up or a bum on the street corner.
 
#45
#45
rjd970 said:
I guess the Rockefeller's, Walton's, Vanderbilt's, Ford's, and Mellon's "earned" their money too? Nothing is wrong with being the children in wealthy families, but we are arguing semantics, and in some instances, "make" is in fact the better word.
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those people earned their money long before this senseless progressive tax system went into effect. The wealth of those families is not going to be taxed under the new plan. Those trust fund types aren't going to get hammered, because the wealth already exists.

The tax scheme attacks high earners, not big balance sheets. The high earners are often shaking and moving in a local economy and putting money back into their companies to grow them, etc. Taking money from them is tough.

The death tax is the place where the wealthy get hammered, albeit pure communism.
 
#46
#46
T-TownVol said:
The middle class will suffer the most when jobs start to go away.
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Today is Oct. 28, 2008.

the middle class is already suffering . jobs already have gone away and are continuing to go away. And Barack Obama and John McCain are just senators running for president.
 
#48
#48
T-TownVol said:
"class warfare", plain and simple...some one in the family earned the money...but since it is now a couple of generations down the line...hell take 50% of it...can you not see why this is bad
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Stop. Read. Then post.

All I said is they didn't "earn" it. Nowhere did I engage in class warfare. You can even agree with that. Somebody else did in fact earn that money. I made no judgement on what they should be taxed at, and in fact, said there is nothing wrong with them being the beneficiaries (sp?) of the wealth. I was offering an olive branch, of sorts, and now you have gone and poked yourself in the eye with it.
 
#49
#49
TennNC said:
Today is Oct. 28, 2008.

the middle class is already suffering . jobs already have gone away and are continuing to go away. And Barack Obama and John McCain are just senators running for president.
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how is the middle class suffering? Last I checked unemployment remained historically low.

The "middle class jobs are going away" is simply a campaign speech. Taxing the wealthy to pay the poor is a 100% bona fide way to ensure that jobs go away.
 
#50
#50
TennNC said:
Today is Oct. 28, 2008.

the middle class is already suffering . jobs already have gone away and are continuing to go away. And Barack Obama and John McCain are just senators running for president.
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And you think taxing business more will inspire them to start bringing jobs home?
 
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