Obama announces part of tax plan

#30
#30
Have some fun when you have kids and melt a snickers in a diaper and then eat it in front of someone.
 
#34
#34
According to black liberation theology you are the devil and the cause for every thing wrong in the world.
 
#35
#35
ya i heard about that. what a load of garbage. i pray obama does not get elected. he's a good speaker, but he's full of crap
 
#36
#36
The 6.2 percent payroll tax is now applied to all wages up to $102,000 a year, which covers the entire amount for most Americans. Under Obama's plan, the tax would not apply to wages between that amount and $250,000. But all annual salaries above the quarter-million-dollar amount would be taxed under his plan, Obama said.
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This is the nose of the camel in the tent. Eventually, they will tax all income from $0-$250K+...
 
#38
#38
It's called a payroll tax - is he planning to limit the tax to income earned from an employer? Will the employer have to match as they do now? If you are self employed will you have to pay both parts on this new set of income? Is there ever a threshold?

This is a major tax increase if the answers are yes to any of the above.

If he truly wants to help the low end, why is it only people between $102K and $250K that receive earnings tax free?
 
#39
#39
Obama also criticized McCain for being open to letting taxpayers invest part of their Social Security payments in private investment accounts.
"Imagine if your security now was tied up with the Dow Jones," he said, alluding to the recent slide in stock prices. "You wouldn't feel very confident about the security of your nest egg."
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Trust the government for your retirement - you're too dumb to do it yourselves.
 
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