Just tell me WHY Obama

[bomelia]

If you support him, then why? What is it that you think he will do for this country? (lets focus on the first 100 days). Also, tell me what it is about him that makes you believe he can get it done.

If you are not an Obama supporter, then leave this alone. I just wanna hear from people who support him... lower the noise level.

[Silverback51]

While I'm not a supporter, I do have to say I admire the man for a couple reasons.

First is his refusal to participate in a negative campaign.

Second is as soon as it came out that Palin's daughter was pregnate, he stated that her family was off limits.

I still will not vote for him for other reasons, but I admire him for that.

[bomelia]

Ernie, why not post your reasons?

[cobra de capell]

Originally Posted by Excaliber

You mean unlike the incredibly negative campaign for McC we have going on here in the Lounge?

Their objective is clear: carpet bomb Barack Obama with negative stories, distortions, and smears.

So, post why you like him and why we should change our minds and vote for him.

I'll say this - the democraps should be winning this year, but once again they selected a loser.

[Bugman]

Just tell me WHY Obama


If all the posters stayed on topic this would be guaranteed to be the shortest post ever on CC!

[turnpike boy]

I'm just a contrary, I suppose......


2008 PRESIDENTIAL CANDIDATE COMPARISON TALKING POINTs.

ISSUE: (A)JOHN McCAIN
(B)BARAK OBAMA

Favors new drilling offshore US
(A) Yes
(B) No

Will appoint judges who interpret the law not make it
(A) Yes
(B) No


Served in the US Armed Forces
(A) Yes
(B) No

Amount of time served in the US Senate
(A) 22 YEARS
(B) 173 DAYS

Will institute a socialized national health care plan
(A) No
(B) Yes

Supports aborti on throughout the pregnancy
(A) No
(B) Yes

Would pull troops out of Iraq immediately
(A) No
(B) Yes

Supports gun ownership rights
(A) Yes
(B) No

Supports homosexual marriage
(A) No
(B) Yes

Proposed programs will mean a huge tax increase
(A) No
(B) Yes

Voted against making English the official language
(A) No
(B) Yes

Voted to give Social Security benefits to illegals
(A) No
(B) Yes

CAPITAL GAINS TAX

MCCAIN
0% on home sales up to $500,000 per home (couples). McCain does not propose any change in existing home sales income tax.

OBAMA
28% on profit from ALL home sales.. (How does this affect you? If you sell your home and make a profit, you will pay 28% of your gain on taxes. If you are heading toward retirement and would like to down-size your home or move into a retirement community, 28% of the money you make from your home will go to taxes. This proposal will adversely affect the elderly who are counting on the income from their homes as part of their retirement income.)

DIVIDEND TAX

MCCAIN
15% (no change)

OBAMA
39.6% - (How will this affect you? If you have any money invested in stock market, IRA, mutual funds, college funds, life insurance, retirement accounts, or anything that pays or reinvests dividends, you will now be paying nearly 40% of the money earned on taxes if Obama becomes president. The experts predict that 'Higher tax rates on dividends and capital gains would crash the stock market, yet do absolutely nothing to cut the deficit.')

INCOME TAX

MCCAIN

(no changes)
Single making 30K - tax $4,500
Single making 50K - tax $12,500
Single making 75K - tax $18,750
Married making 60K- tax $9,000
Married making 75K - tax $18,750
Married making 125K - tax $31,250

OBAMA (reversion to pre-Bush tax cuts)
Single making 30K - tax $8,400
Single making 50K - tax $14,000
Single making 75K - tax $23,250
Married making 60K - tax $16,800
Married making 75K - tax $21,000
Married making 125K - tax $38,750
Under Obama, your taxes could almost double!

INHERITANCE TAX

MCCAIN
- 0% (No change, Bush repealed this tax)

OBAMA
Restore the inheritance tax

Many families have lost businesses, farms, ranches, and homes that have been in their families for generations because they could not afford the inheritance tax. Those willing their assets to loved ones will only lose them to these taxes..

NEW TAXES PROPOSED BY OBAMA

New government taxes proposed on homes that are more than 2400 square feet. New gasoline taxes (as if gas weren't high enough already) New taxes on natural resources consumption (heating gas, water, electricity) New taxes on retirement accounts, and last but not least....New taxes to pay for socialized medicine so we can receive the same level of medical care as other third-world countries!








You can verify the above at the following web sites:


http://money..cnn.com/news/specials/...008/index.html

http://www.cnn.com/ELECTION/2008/iss...ues.taxes.html

http://elections.foxnews.com/?s=proposed+taxes

http://bulletin.aarp.org/yourworld/p..._on_taxes.html

http://blog.washingtonpost.com/fact-.../barack_obama/

http://blog.washingtonpost.com/fact-...s/john_mccain/

[jhv48]

Originally Posted by Silverback51

While I'm not a supporter, I do have to say I admire the man for a couple reasons.

First is his refusal to participate in a negative campaign.

Second is as soon as it came out that Palin's daughter was pregnate, he stated that her family was off limits.

I still will not vote for him for other reasons, but I admire him for that.

Thier refusal to run a negative campaign is because they would be seen as bullys if they tried to attack America's newest sweetheart, Gov. Palin. And B.O. made the hands off family speech before Palin was even chosen due to his daughters being interviewed by a reporter.

The bloom is off the rose!

[VRM]

Originally Posted by Excaliber

FACT IS: Taxes would be lower for those families making $250,000 or less a year. Which certainly comprises the VAST MAJORITY of Americans.

Roughly 85% of American households will get a tax cut under Obamas plan.

[392cobra]

When the lower 50% pay zero income tax now,how are they going to get a tax cut ?

[mdmull]

Obama says that 95% of americans will see income taxes go down. He apparently is a victim of the new math. how much can the taxes possibly go up on the remaining 5% to pay for just those "reduced taxes". Plus a large number of the policies he's proposing (when you can find one) will cost more money, plus he's going to reduce the deficit, get everyone health care and save social security. What will this country look like when he takes ALL of the top 5% income?
Start to think people
Until the idiot Illinois republicans put up the nutbag opponent against him in 2006, Obama was a Chicago dem party hack that no one knew of outside city hall and his district. PRESIDENT???? not hardly.

[jhv48]

Originally Posted by Excaliber

Verify the above comments by Turnpike boy? I wouldn't bother, just more twisted logic and miss leading statements. Take this one for example:



Total BS because the statement is so broad it sounds like's it true for ALL Americans! A typical 'fear and smear' comment wrapped in a framework of 'you can verify it here'.

FACT IS: Taxes would be lower for those families making $250,000 or less a year. Which certainly comprises the VAST MAJORITY of Americans.

Don't forget Obama will repeal the home sale tax exemption and the inheritance tax law will be allowed to expire in 2010.

Don't tell me you are looking forward to paying $140,000 in taxes on a previously tax free $500,000 appreciation? If you are a baby boomer and are thinking of downsizing in the next few years, that is a hefty bite out of your profit.

If so, you and Obama are made for each other.

[VRM]

Originally Posted by 392cobra

When the lower 50% pay zero income tax now,how are they going to get a tax cut ?

Wrong Fred - 33%.

And most of them are young single females. Maybe you should adopt one?

[VRM]

Originally Posted by mdmull

Obama says that 95% of americans will see income taxes go down. He apparently is a victim of the new math. how much can the taxes possibly go up on the remaining 5% to pay for just those "reduced taxes". Plus a large number of the policies he's proposing (when you can find one) will cost more money, plus he's going to reduce the deficit, get everyone health care and save social security. What will this country look like when he takes ALL of the top 5% income?
Start to think people
Until the idiot Illinois republicans put up the nutbag opponent against him in 2006, Obama was a Chicago dem party hack that no one knew of outside city hall and his district. PRESIDENT???? not hardly.

As I already said - the number is about 85%. McCain will also offer tax cuts: they will be significant for people who make over 250K, and marginal or non-existent for those that make under. Both candidates will pay for it the same way - by raising the national debt (which has already doubled in the last 8 years).
If I tried to run my finances the way Bush has done, or the way Obama and McCain want to do i would have been sent to debtors prison a long time ago.

As you said - think people - but don't just look at Obamas plans and say they stink - McCains plans are not always the smartest either.

Steve

[392cobra]

Steve I was emblishing the "zero" because it is so close to zero it doesn't matter.They now only pay 3.6%.

The point being is that there will be checks mailed out to all these free loaders,paid for by people that are already paying for everything.
It is SOCIALISM.

Feeling overtaxed? Under the U.S. income tax system, most of the taxes collected are supposed to be paid by the people who make the most money. Thanks to President Bush's tax cuts, that is exactly the way the system works, says the U.S. Treasury Department.
According to the Office of Tax Analysis, the U.S. individual income tax is "highly progressive," with a small group of higher-income taxpayers paying most of the individual income taxes each year.


In 2002 the latest year of available data, the top 5 percent of taxpayers paid more than one-half (53.8 percent) of all individual income taxes, but reported roughly one-third (30.6 percent) of income.

The top 1 percent of taxpayers paid 33.7 percent of all individual income taxes in 2002. This group of taxpayers has paid more than 30 percent of individual income taxes since 1995. Moreover, since 1990 this group’s tax share has grown faster than their income share.

Taxpayers who rank in the top 50 percent of taxpayers by income pay virtually all individual income taxes. In all years since 1990, taxpayers in this group have paid over 94 percent of all individual income taxes. In 2000, 2001, and 2002, this group paid over 96 percent of the total.
Treasury Department analysts credit President Bush's tax cuts with shifting a larger share of the individual income taxes paid to higher income taxpayers. In 2005, says the Treasury, when most of the tax cut provisions are fully in effect (e.g., lower tax rates, the $1,000 child credit, marriage penalty relief), the projected tax share for lower-income taxpayers will fall, while the tax share for higher-income taxpayers will rise.


The share of taxes paid by the bottom 50 percent of taxpayers will fall from 4.1 percent to 3.6 percent.

The share of taxes paid by the top 1 percent of taxpayers will rise from 32.3 percent to 33.7 percent.

The average tax rate for the bottom 50 percent of taxpayers falls by 27 percent as compared to a 13 percent decline for taxpayers in the top 1 percent.
The White House has announced it will lobby Congress to pass legislation making most of President Bush's tax cutting measures permanent.

Source: U.S. Treasury, Office of Tax Analysis

http://usgovinfo.about.com/od/income...hopaysmost.htm

[jhv48]

Originally Posted by Excaliber

$500,000 appreciation value for a home? Yeah, like the typical American can look forward to THAT! What planet is this property from of which you speak?

I don't see that kind of appreciation even here in Hawaii, where real estate remains 'hotter than a pistol'!

Baby boomers have owned their homes for twenty to thirty years. They have racked up that much or more here in California.

Heck, I have that much equity in my home and I have only owned it for 9 years.

So you would be willing to pay $28,000 in taxes on a $100,000 profit?

I'm not!

[turnpike boy]

Originally Posted by Excaliber

Verify the above comments by Turnpike boy? I wouldn't bother, just more twisted logic and miss leading statements.

Of course you won't verify. No surprise there. You won't even verify the actual source of the comments....kill the messenger.

Originally Posted by EXCALIBER

FACT IS: Taxes would be lower for those families making $250,000 or less a year. Which certainly comprises the VAST MAJORITY of Americans.

Maybe in YOUR piece of the world. Come to the real (REAL?) America, where the VAST MAJORITY make SUBSTANTIALLY under $90,000 - the U.S. Census puts the average income right around $50K. But don't bother to verify that either.

[VRM]

Fred,
We have a huge welfare problem. We need massive reform of the program, and elimination of most of it.
We also need to stop cutting jobs and wages. You posted that the bottom 50% will fall from 4.1 to 3.6%. This is because they have no money, and are below the poverty line, despite the fact that many of them do hold jobs.

I've said it before - you will create more jobs and earn more profits if 85 families buy a Taurus than you will if 15 families by Ford GTs. Trickle down and trickle up work together, but our current political parties only support one or the other at a time.

Steve

[jhv48]

Originally Posted by Excaliber

APPRECIATION is the key word here, the 'profit' from the sale. It is certainly safe to say the vast majority of Americans won't have to worry about a $500K PROFIT on anything.

Once again, so you would be willing to pay $28,000 tax on a $100,000 profit?

And don't tell me that no one in America has $100,000 in appreciation dollars after owning their home for 20-30 years.

[jhv48]

Now you're talking!

I just resent working hard and handing my money to those who choose to sit around and have children with their hands out looking for assistance.

Call me a radical.

[turnpike boy]

Originally Posted by Excaliber

Personally I think BOTH candidates are blowing smoke out their a$$ about reducing taxes............

And therein lies a truth. Just a shame that one pontificates about how he's gonna 'help' us poor folks.