Obama's absolute fraud finally defined.

Discussion in 'West Mall' started by zork, Oct 14, 2008.

  1. zork

    zork 2,500+ Posts

    I knew his 250k line was a total fraud. Here is how and why it absolutely is:
    The Link

    [​IMG]

    Notice that at no time do Obama's proposals have effective tax rates below the current rates. This for families well below 50k, much less the absolutely fraudulent 250k figure.

    This is just what he has outlined. Obama is going to be horrible for you if you have a job. Don't be a sucker, spread the word about this ******.
     
  2. At Ease

    At Ease 25+ Posts


     
  3. zork

    zork 2,500+ Posts

    I mistakenly used the wrong term, thanks. The correct term is actually more damning.
     
  4. Rip76

    Rip76 1,000+ Posts

    Zork... I like that passion.

    But what would have given you the idea that this guy was a total fraud?
     
  5. zork

    zork 2,500+ Posts

    Look at the numbers for a family making about 100k. How is that not a rise in taxes for a couple making less than 250K? Read the article about how he gets to his figures too.

    From the article:


     
  6. Michtex

    Michtex 1,000+ Posts

    Admittedly I don't know much about taxes....Just how many two-earner families out there with one child in COLLEGE and another in CHILD CARE? I'm guessing not many so why did the article present that particular graphic.
     
  7. zork

    zork 2,500+ Posts

    If Obama's plan was reasonable, something as simple as Obama said in his last debate, no rise in taxes for families making less than 250k, the graph would not ever rise above the current rates.

    The other insidious thing about his simple statement is that he will give all of America a big tax increase just by not continuing the tax cuts and tax rates currently in place. The current rates are set to expire, and thsoe tax rates will increase after expiration.

    To say families won't be paying higher taxes after that expiration by itself is a bold faced lie by Obama.
     
  8. CornuLongus

    CornuLongus 25+ Posts

    Zork if you live in Texas your vote doesn't count, so no need to get your.... [​IMG]
     
  9. Seattle Husker

    Seattle Husker 10,000+ Posts

    How did the Non-partisan Tax Policy Center miss this yet the conservative think tank American Enterprise Institute catch this? [​IMG]

    From AEI's Wikipedia entry:

     
  10. softlynow

    softlynow 1,000+ Posts

    Those are effective marginal tax rates, not actual tax rates.

    Do yourself a service and do some research first. You clearly don't understand what that chart even means.

    And that WSJ article does you no favors either, since it's playing hide the ball with terminology you don't understand.

    This lie has been making the rounds lately.

    Again, go learn about effective marginal tax rates. It doesn't mean what you think it means. Here's a clue: it doesn't mean that anyone making below $250k/yr. will see a tax increase under Obama's plan - that no one will see an increase under that number is, in fact, the verifiable truth of his proposals. It DOES mean that his tax cuts are credit and refundable credit heavy. Do some digging into "phase outs" and such.

    And what is this, the third thread here on this subject?
     
  11. Fried JJ Pickles

    Fried JJ Pickles 1,000+ Posts

    Very passionate whitewash job.

    Keep it up.
     
  12. softlynow

    softlynow 1,000+ Posts


     
  13. Rip76

    Rip76 1,000+ Posts

    Hell, Softly.... Quite simply, is Obama going to raise taxes?
     
  14. softlynow

    softlynow 1,000+ Posts


     
  15. Bob in Houston

    Bob in Houston 2,500+ Posts

    So, if you do the things Obama wants, your taxes may go down. If you don't, they'll almost certainly go up.

    Don't like incentives. Cut the rates. Make it easy.

    Although, since I sometimes aspire to practice tax law, I guess it's to my benefit to have it be complicated.
     
  16. Rip76

    Rip76 1,000+ Posts

    Bob, you sort of took the word out of my hands...

    "Has he said that he'd hold off doing so if he thought doing so would harm the economy. Also yes."

    Why raise taxes on someone making $250,000 or more?
     
  17. Whitman Mayo

    Whitman Mayo 500+ Posts

  18. Mr.Wizard

    Mr.Wizard 1,000+ Posts

    Zork, this thread is actually very good.

    But, you will see the Obamaphiles will call it whitewash or a hatchet job.

    You cannot post any ideals that fall outside of the Obama footprint without these ******* flooding the thread.

    West Mall has maybe, 40 people at the most, reading, but the Obama bitchboys will descend in a manor you may not be used to.

    Anything that does not fall in step will be quashed by the quasi intellectual peons, who get their intel from Olbermann.

    f**k them, keep searching out the truth for yourself, it is honorable.

    Sewing circle ******* maintain their circling pattern of non-objectivity, it is just the way it is. [​IMG]
     
  19. softlynow

    softlynow 1,000+ Posts


     
  20. softlynow

    softlynow 1,000+ Posts


     
  21. Whitman Mayo

    Whitman Mayo 500+ Posts


     
  22. Rip76

    Rip76 1,000+ Posts

    So softly, if you (not knowing what you make) had to pay more taxes (if you made $250,000), you'd be ok with this?

    Knowing that you already fully pay "your fair share."
     
  23. Whitman Mayo

    Whitman Mayo 500+ Posts

  24. softlynow

    softlynow 1,000+ Posts


     
  25. Whitman Mayo

    Whitman Mayo 500+ Posts

    What kind of nancy makes multiple posts on an internet message board asking to be banned? Just quit or start taking your lithium.
     
  26. Lake_Travis_Horn

    Lake_Travis_Horn 500+ Posts

    I don't know how many of the people posting here actually read the WSJ article the OP referenced, which is supposedly what we're talking about. The main thing I took from the article is that the bulk of the "tax reductions" Obama's promising are actually welfare checks in disguise. Almost all of the tax credits are refundable credits, meaning that you get money back whether you actually pay tax or not. Most of the people making less than $45K per year pay very little or no taxes, so all the "tax reduction" shown for them are actually welfare payments, not tax reduction.
     
  27. THEU

    THEU 2,500+ Posts

    Mayo,
    I see that your graph ( and the OP graph) includes 2 examples of the interpretations of income taxes ONLY. What abuot FICA and SS taxes, of which some of us even pay both halves. I pay both halves and have a W2 income under 50k. What will change, if anything on that tax? Also, what about capital gains taxes? I invest in the market, and I have other funds that are subject to capital gains taxes. How will this effect me under Obama's plan? I have heard he will raise the capital gains tax rate, but he says it won't have an effect on people making less than 250k, how is that possible?
     
  28. Bubba Don

    Bubba Don 250+ Posts

    Who is going to create new jobs if we tax the hell out of the rich ? The guy living next door to me isn't going to create any new jobs with his extra $1000 he gets. But if the rich guy makes another $ 1 million there is an infusion of capital and investment to create jobs.

    Hook em
     
  29. WashU-Horn

    WashU-Horn 500+ Posts

    The OP reflects the state of education in the United States and the lack of reading comprehension. It is quite impressive.
     
  30. bozo_casanova

    bozo_casanova 2,500+ Posts

    Wow, this is some high potency internet drama from Wiz. Bitchboy's eh? Wow.

    Anyway, here's the deal- both Whitman and Zork's graphs are misleading in that they don't provide a dollar figure for you specifically, personally.
    My advice is to do your own research, taking the campaigns at face value for what they intend to do and understanding the impact of the plans to you and do the math yourself.
    Then consider the likelyhood of each provision in the respective plan individually in the face of support or opposition from a Democratic congress.

    That's what I've done and landed where I landed.
     

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