The final "Who are you going to vote for" poll

[drift]

Lunch break yet?

http://www.youtube.com/watch?v=VcJohfS4vTQ&feature=related

hehehhehe

[ragged325]

I think the general idea I'm hearing from the Republicans (over and over) is that the Republicans will take care of the economy and when the rich get richer, so will everyone else. With the Republicans in charge, people will have an incentive to strive harder and the equality will be restored to America. Take a quick look at the following information, and then ask yourself if you are likely to be better off personally with a Republican president:

http://www.eriposte.com/economy/other/demovsrep.htm

Ask yourself, based on historical evidence, if the hard workers and risk takers of the country are better off with a Republican president?

The magazine the Economist recently endorsed Obama (http://www.economist.com/world/unite...tures_box_main). I liked this aside:

"And his age has long been a concern (how many global companies in distress would bring in a new 72-year-old boss?)."

[DarkWing6]

First of all...this is not about ME. That would be selfishness. I am in this for what is right for our country, for our economy, and according to the Constitution. (edit) And in the end the purchasing power of my dollar that I do keep will be much stronger if you are not taxing the rich as much as you can. Business built this country and it is what makes this country great. You discourage that and you will have problems. Why should I work hard if Obama will just hand it to me?

Look at Obama's PERSONAL giving record. It is terrible. Does he really care about the sick, needy, and poor? McCain has given his life to this country and I don't doubt that he would do it as the President. I have strong concerns about where Obama would like to take things.

I'll quote this here because I think you missed it.

Most if not all European countries would laugh at our idea of "Socialism". Obama's views are so right of theirs it isn't even funny. You are so scared of "socialism" but you have no reason to be. I have taken entire classes based on the subject and have written term papers on it. Socialism is inevitable and the closer we get to a global economy the closer socialism gets.

Can you explain why we have to become Socialists because there is a global economy? We are already in a global economy and Obama's plans to "bring jobs home" isn't going to do anything other than damage our relationships with other countries and is not promoting the inevitable global economy. Capitalism promotes economic growth. Enabiling people to be lazy and spreading the wealth of those that work hard does not promote economic growth.

People need initiative I 100% agree but in this country right now it is so hard to do so. Even in this time of economic hell, the richest people are still making money. ExxonMobile just recorded the highest profit in HISTORY. Yet us bottom 99% are hurting more than ever. The last 8 years with Bush have been nothing but manipulation of our money and our civil rights and it is time for change. Spread the wealth is necessary and inevitable you might as well welcome it.

This isn't economic hell. Things are a bit tighter becasue we are all being forced to live within the means that we actually have. The market is correcting itself and we need to too.

The underlying theme to that statement is that if we are being corrected it means we are doing something wrong. Our current generation has been living off of the Baby Boomers that actually worked for their money. We don't realize that our parents didn't always have a house, 3 cars, money to go on vacation, etc. They worked through tough times, but we all feel that the second we are 18 we should be driving $40K+ cars and owning a nice home.

Sorry, that was a bit of a rant.

Also, you are voting for a guy that wants to increase the size of government (aka - one of the most ineffecient, wasteful organizations in the world). That means he will need more money to run his larger poorly run organization. When you dont have to actually work for the money you are using for your expenses (aka taxes) you tend to not work too hard. Privatize, privatize, privatize! That is your solution. The government wasn't designed to have tons of programs here and welfare there. Read the Constitution and let me know what it says about the duty and purpose of government.

How can you support Obama and Capitalism in the same breath? Socalism (spread the wealth, which Obama is openly on board with) is the opposite of Capitalism. Socialism allows people to sit on their ass while Capitalism makes you actually work and earn your money. Those in real need will be taken care of under a Capilaistic society. Join me and smaller gov't on our quest to make America actually care about taking care of itself and not live off of others.

Most if not all European countries would laugh at our idea of "Socialism". Obama's views are so right of theirs it isn't even funny. You are so scared of "socialism" but you have no reason to be. I have taken entire classes based on the subject and have written term papers on it. Socialism is inevitable and the closer we get to a global economy the closer socialism gets.

People need initiative I 100% agree but in this country right now it is so hard to do so. Even in this time of economic hell, the richest people are still making money. ExxonMobile just recorded the highest profit in HISTORY. Yet us bottom 99% are hurting more than ever. The last 8 years with Bush have been nothing but manipulation of our money and our civil rights and it is time for change. Spread the wealth is necessary and inevitable you might as well welcome it.

[Maluco]

Just remember that the Bush tax cut drops off in 09! So factor that back in!


And with that degree you are working on.... dont work so hard. Because you would be helping those that rather smoke pot and play Xbox than get off the sofa and work for a living!

yep, here comes the "re"-"dis"-"tri"-"but"-"tion" some of you will only understand when it is too late...

vote for change - vote democrat - vote liberal - vote anti-bush - vote pro Obama - vote liberaal - vote different- - - - - - HOWEVER, can you/did you vote for the whole idea that you believe in?

[Maluco]

[Vedubin01]

Just remember that the Bush tax cut drops off in 09! So factor that back in!


And with that degree you are working on.... dont work so hard. Because you would be helping those that rather smoke pot and play Xbox than get off the sofa and work for a living!

[BobombETA]

Yeah I pay a state income tax of 5%... New York in general is expensive, although upstate has some really affordable homes.

However, I attend a SUNY college (state funded), so I'm able to take advantage of some really affordable tuition.

It will all even out in my eyes though, when Obama takes office and my federal income taxes drop 3.6%. :)

[Vedubin01]

Not in income tax.


When the Bush tax cuts were passed in 2003, the highest tax bracket pays 35% in income tax.

Obama wants to raise that by 11%, or roughly the same rate (actually 4% lower) that Reagan set them at when he inherited the recession of the early 80's.

Better hope you dont have to pay state income tax! 35% is federal....

[BobombETA]

That example was based on the example above and when making that much money your paying more than the 35% you claim....

Not in income tax.


When the Bush tax cuts were passed in 2003, the highest tax bracket pays 35% in income tax.

Obama wants to raise that by 11%, or roughly the same rate (actually 4% lower) that Reagan set them at when he inherited the recession of the early 80's.

[Vedubin01]

I'm not sure where you are getting this 90% income tax from. 35% is the most you would pay for income tax in 2008. For short term capital gains, you are taxed at the same rate of your income tax, less for lower income levels. Long term capital gains are taxed the least.

And being a small business owner has far more tax advantages than a non business owner. Most business related expenses are tax deductable, including your vehicles and gas, and those lawyer fees you mentioned.

My point is that the only thing stopping someone being an entrepreneur, is a bright idea and the initiative. Capitalism will always be king in this country.

That example was based on the example above and when making that much money your paying more than the 35% you claim....

[BobombETA]

I don't see how tax cuts for 95% of the population is a bad thing. Consumer spending (70% of the economy) is at an all time low. Keeping more money in the pockets of 95% of the population is a step in the right direction.

/rant

And the whole socialism thing... I'm willing to bet alot of the people who complain about government programs, will one day rely on one. Possibly through no fault of their own. Especially social security and medicaid. Shit happens, it's all part of taking risks, a cornerstone of capitalism.

I work part time as a teller, (in a very Republican, and economically depressed county) and I cash people's Social Security checks while they simultaneously call Obama a socialist. What a double standard, their entire livelihood is from the government!

/end rant



That being said, I'm voting with three issues in mind:

Middle class tax breaks.
Supreme Court appointments.
Foreign Policy.

[DarkWing6]

My point is that the only thing stopping someone being an entrepreneur, is a bright idea and the initiative. Capitalism will always be king in this country.

How can you support Obama and Capitalism in the same breath? Socalism (spread the wealth, which Obama is openly on board with) is the opposite of Capitalism. Socialism allows people to sit on their ass while Capitalism makes you actually work and earn your money. Those in real need will be taken care of under a Capilaistic society. Join me and smaller gov't on our quest to make America actually care about taking care of itself and not live off of others.

[BobombETA]

Ok sounds good but you forgot the tax.

You worked hard to Make $100 million, to walk with $10 million after taxes. You say invest your $10 million you netted at .03% to yield the $300k that you say a family of 5 could live off of.

Well interest is also taxed as income at the same 90% because your in the highest tax bracket ever.

So that $300k is now a return of $30k net, well less than a family of 5 could live comfortable.

Not that much of an investment if you ask me!

There becomes a point where it does not pay to work more. You are only working for someone else to sit on his/her ass! To me I would work less to pay less! But thats just me!

I'm not sure where you are getting this 90% income tax from. 35% is the most you would pay for income tax in 2008. For short term capital gains, you are taxed at the same rate of your income tax, less for lower income levels. Long term capital gains are taxed the least.

And being a small business owner has far more tax advantages than a non business owner. Most business related expenses are tax deductable, including your vehicles and gas, and those lawyer fees you mentioned.

My point is that the only thing stopping someone being an entrepreneur, is a bright idea and the initiative. Capitalism will always be king in this country.

[Vedubin01]

10,000,000 * .03 = $300,000 a year in interest. You would live very comfortably off of that. That is enough for 5 families to live off of...

Ok sounds good but you forgot the tax.

You worked hard to Make $100 million, to walk with $10 million after taxes. You say invest your $10 million you netted at .03% to yield the $300k that you say a family of 5 could live off of.

Well interest is also taxed as income at the same 90% because your in the highest tax bracket ever.

So that $300k is now a return of $30k net, well less than a family of 5 could live comfortable.

Not that much of an investment if you ask me!

There becomes a point where it does not pay to work more. You are only working for someone else to sit on his/her ass! To me I would work less to pay less! But thats just me!