With Polls Close, Obama Blinks on Taxes

OBAMA is self-destructing. The rich have some how rigged his failure.

He keeps falling back and taking a Republican position.

From Georgia, to the deaTH penalty, to FICA, to taxes on the

rich, to Iraq, to drilling... He picks the credit card companies' bud Biden instead of Clinton, who earned the VP slot and would have guaranteed him the victory.

OBAMA has the backbone of a jelly-fish. Americans see this. WOrking people see this. Why should they vote for such a change-ling.

He should be 20 points ahead. Instead, he is behind now.

I hereby leave the Democratic Party!

william of CA @ Sep 08, 2008 03:14:36 AM

Re: Silly Comments

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Silly Comments

Um, the war does not and has not cost "a trillion" dollars.

....Ignorance and the left go together like peanut butter & jelly.

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Mr. Ace - Since you brought up ignorance, do you happen to know how much the US spends on the war? $200 billion a year. Do you know how long we've been at war? 5.4 years. Do you know what 5.4 times $200 billion is? $1.08 trillion.

So it is not a $1 trillion war. It is a $1.08 trillion war.

irishru2 of NC @ Aug 23, 2008 13:14:45 PM

Response to "of"

According to the logic of "of", President Clinton merely signed legislation in the 1990's that was passed by the Republican Majority in Congress. Thanks for admitting that conservative fiscal policy is truly superior. Liberals love to claim success for the 1990's but you know that Obama's fiscal plan will damage the economy so you are giving yourself a hole to squirm out of when it all falls apart. You can't have it both ways.

Ron of KS @ Aug 21, 2008 06:01:09 AM

How to Fix?

"Why not take a real good look at Congress . . ."

- - -

Too true.

It would help us immensely if we could return the Senate to its originally-planned role - by removing from the senate any power to bring money back to their home district.

When this all started, we were supposed to vote for our Representatives (no, the name wasn't a coincidence), and send them to Washington, where they could be a part of that body and work to protect our specific state's interests. They would be the ones trying to bring federal dollars back here for use in appropriate projects.

We were also supposed to vote for two senators per state. Senators were NOT put in office in order to serve merely their home state; they were to safeguard the unitary federal interest. Senators were to concern themselves with, not Minnesota's place in the USA, but the U.S. of A itself.

It was for this reason that disproportionate representation was allowed for the Senate. (Huge, people-filled states get two Senators, whereas small, five-cowgirls-and-a-buffalo states only get . . . two Senators. The disparity wouldn't matter if Senators weren't fighting each other in order to take the spoils home with them to help them get re-elected.)

No, we need to yank all earmark abilities from the Senate. We need to direct the Senate to deal with particularly federal issues. Here's hoping . . .

bobby b of MN @ Aug 19, 2008 17:37:00 PM

Taxing investments - a horrible idea

We need to encourage investment, not discourage it. The US has the second highest corporate tax rate in the world, which causes companies to do whatever accounting acrobatics are needed to avoid being hit by huge taxes.

Taxing dividends on investments by individuals (wealthy or not) means taxing what has already been taxed at the corporate level yet again.

While it is indeed true that lowering taxes on the wealthy will benefit everyone, it is also true that lowering taxes on everyone will benefit everyone even more.

Switzerland, for example, has a much lower tax environment than the US and its citizens enjoy a better quality of life. What the Swiss and other European nations don't have, however, is a government driven by it military - each American family pays thousands of dollars a year to maintain an unnecessary military infrastructure. Unfortunately for the US population, its leaders have their hands and minds in the military cookie jar, so to speak (from McCain being a fan of bombing nations he doesn't like, through Gates being on the board of military firms, to Cheney being in bed with the Halliburton board of directors - the list is endless.) Why don't American react to this? Because their emotions can be easily exploited - cultural traditions and poor education are to blame.

Unfortunately, a badly educated population is particularly prone to bigotry and racism. Unless Obama becomes a white man (Michael Jackson did it, in a way) changes his name (a bit late for that), and marries a white woman, McCain will win in November. Not everyone who will help elect McCain is a racist, of course, but those who are tend to be less educated and therefore more likely to be hurt, rather than helped, by McCain's policies.

Domingo Tavella of CA @ Aug 17, 2008 11:59:57 AM

P.S. all you have to do is read a little bit...

http://www.taxfoundation.org/blog/show/23491.html

See beyond the blinders.

Chris of NJ @ Aug 15, 2008 16:21:02 PM

50% tax rate not enough for Obama?

Lily in CO:

I hear you loud and clear. My wife doesn't work. Last year she was offered a position making about $35K a year. It was a job that she would have enjoyed. But she would have been in the same situation as you. Her overall tax rate would have been 47% when including SS tax, medicare, federal tax and state income tax. That's because I make a lot of money and her income would have been, like yours, tacked on to my income and hit at my marginal rate.

Add in the cost of commuting and the net income would have been less than 50% of gross income. She declined the job since it's not worth it.

And yet Obama thinks that's not enough.

Disgusted with high taxes of MA @ Aug 15, 2008 15:30:37 PM

Franklin of MI, you must either be filthy rich, or below the poverty line to not want a tax cut. The national deficit will not be affected by leaving taxes at current levels, or even cutting them by the modest amounts that have been proposed. The national deficit, however, will be substantially increased by the Messiah when he raises the corporate tax and installs his productivity tax (as I would call taxing the most productive members of our society). Even your exalted JFK realized that higher taxes lowers investment, raises unemployment, and therefore decreases GDP, combined with the ridiculous spending proposals by the Messiah, and presto! the national deficit rises again.

Next time, think before you speak, as I would adise the empty suit, Obama.

Chris of NJ @ Aug 15, 2008 15:26:37 PM