With Polls Close, Obama Blinks on Taxes

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blink...blink...blink...blink...

Blink...flip....blink.....flop.....blink....flip....blink....flop....Senator Obama!! He's beginning to look just like Nancy Pelosi's eyes....blink....blink....blink.....blink.....blink...!

charlieb of TX @ Aug 14, 2008 14:26:10 PM

Blinking Obama

Both candidates and political parties are more dangerous to this country and its way of life than any foreign power will ever be. They are special interest self serving whores that could care less about this country or its founding principles.

This election is a vote for the lesser of two evils. Our choices are a Marxist / socialist Obama, or a free trade globalism screw the middle class McCain.

It tells you how degraded the average intelligence of the U.S. public has become. They are so excepting of this garbage.

cole younger of CA @ Aug 14, 2008 14:08:36 PM

Obama's plans is a disaster waiting to happen

I never understood why low wage workers don't get the importance of keeping of keeping corporate taxes low. To anyone who has ever managed a home budget this should be as simple as 1 2 3.

If taxes are raised on corporations or small businesses they will have less money to pay workers or hire new one and may even fire so they can pay their bills. If companies are firing workers because energy bills are too high and they can't afford it what do workers think is going to happen if these companies taxes go up even higher. Have a party?

There are things you should not have to explain to people. Why their bosses need all the money they can get to pay their salaries and create more jobs is one of them.

coolrepublica of CA @ Aug 14, 2008 14:02:30 PM

"Sorry, I tend to be a long-term planner. I'd rather see the national debt go down than worry about a couple hundred dollars in taxes. Both senators' plans are being irresponsible, although McCain is clearly going to be worse for fiscal responsibility. Both candidates are wishy-washy when it comes to cutting spending, although only one of them voted for a pointless trillion-dollar war."

Want to see the debt go down? Stop adding to it with spending and pay for it with the revenues you have. You do not need to raise taxes continuously to pay for the debt.

Chris of AZ @ Aug 14, 2008 13:20:19 PM

Well Franklin, I want a tax cut ...

But certainly not an increase. I am a second income earner in my family - married to a man who makes a good living. I like to work, but make what ANYONE would declare a 'middle class' salary. And yet, as a second income earner, my tax rate is currently at 42% (which includes Federal Income Taxes, State Income Taxes and Social Security). This is not my marginal rate - this is my overall tax rate. I currently pay out 42% of EVERY PENNY I earn in taxes (This does not include gas taxes I pay to commute - sales taxes on the clothes I must buy for work, etc). How much is enough? Why is 42% NOT enough? Obama is promising to raise my taxes. Likely I will resign. I cannot continue to justify working if most of my income just goes to the government to support programs benefiting other people. And FRANKLIN: If you are indeed worried about the deficit, lets talk about REDUCING GOVT SPENDING.

Lily of CO @ Aug 14, 2008 13:09:12 PM

nic

Next journalist that says "flip-flop," I will permanently boycott. It's called comprimise, a-hole. Without it, nothing gets done...which is why we're exactly where we're at as a society.

How is lowering a tax increase a flip-flop? He's still raising taxes. This is ridiculous...how does it feel to be a pawn for McCain's PR team? Your career is a joke

nic of WA @ Aug 14, 2008 13:07:37 PM

Blinking Obama

He blinks on taxes.He blinks on Iraq.He blinks on NAFTA.He blinks on drilling.So when he says that he is the candidate to change all that "business as usual" in DC, I blink too

Mark of VA @ Aug 14, 2008 12:37:09 PM

I don't want a tax cut

Sorry, I tend to be a long-term planner. I'd rather see the national debt go down than worry about a couple hundred dollars in taxes. Both senators' plans are being irresponsible, although McCain is clearly going to be worse for fiscal responsibility. Both candidates are wishy-washy when it comes to cutting spending, although only one of them voted for a pointless trillion-dollar war.

Franklin of MI @ Aug 14, 2008 12:35:19 PM

Obama is not "blinking" in some staredown, as this perennial Republican spinner would have you believe.

Congress, not Obama or McCain will determine tax law. One of the two of them will merely sign or veto.

of @ Aug 14, 2008 11:27:37 AM

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U.S. News business reporter Matthew Bandyk examines the issues, people, and debates that shape the nexus of political and economic life in the nation's capital.

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