With Polls Close, Obama Blinks on Taxes

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 3:14AM September 08, 2008

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 6:01AM August 21, 2008

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 11:59AM August 17, 2008

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 3:30PM August 15, 2008