Obama Taxes; "Capture Some Revenue"

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Author:	jbranstetter04
Description:	Hold on tight to your revenue, Obama's out to capture it. Well I guess it doesn't sound that bad, all he wants to do is capture your revenue and invest it. At least he's not into that old tax and spending stuff. The American people didn't give President Jimmy Carter a second term for a reason, and now Barack Obama is trying to run for Carter's second term, let's just say no again. Carter was bad for our country, Obama will be worse. By Scott Helman Globe Staff / June 11, 2008 A day after Senator Barack Obama launched a broad assault on the economic plan of presidential rival John McCain, McCain hit back yesterday by asserting that Obama's tax proposals would ensnare millions of ordinary Americans and further weaken the economy. McCain, speaking to small-business leaders in Washington, D.C., said Obama's plans to restore higher tax rates for upper-bracket taxpayers, increase the capital gains tax rate for the richest families, and possibly raise the cap on Social Security taxes would affect not just the wealthy, but also moderate-income voters and independent businesses. "Under Senator Obama's tax plan, Americans of every background would see their taxes rise - seniors, parents, small-business owners, and just about everyone who has even a modest investment in the market," McCain said at a small-business summit sponsored by the National Federation of Independent Businesses and eBay. In a general election that will turn largely on the economy, it's clear this will be one of the major fault lines. Obama and Democrats will advocate, in his words, "restoring fairness to our economy" by shifting more of the tax burden to the rich, while McCain and Republicans will argue that an Obama presidency would also saddle more middle-class families with higher taxes on stock dividends and other earnings. "Will we go back to the policies of the '60s and '70s that failed or will we go forward?" McCain asked yesterday, seeking again to link Obama with Jimmy Carter, a Democrat whose presidential administration presided over a period of high inflation, rising gas prices, increasing unemployment, and growing budget and trade deficits.
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If, or should I say when, Obama ruins the economy with his tax agenda, we will all be losers. Hopefully we will be able to put Humpty back together again.

lol obamas head jumbled with facts from his team

michelle obama"The truth is, in order to get things like universal health care and a revamped education system, then someone is going to have to give up a piece of their pie so that someone else can have more." Yes. That top ten percent of wage earners (you know, the ones that pay over 70% of the total income tax revenue) YAY for Socialism! goodbye business, you know we are getting closer and closer to our comrades of mother russia!

Obama will have you pay more taxes when you sell your home. Is that you? Obama will double you taxes on mutual funds and 401K's. Is that you?

And he will LOWER taxes on those making less than $100k. Is THAT you? Thought so.

Obama will raise taxes on those making more than $250,000 a year. Is that you? I didn't think so! There are two kinds of Republicans: millionaires and fools.

Tags: barack deficit economy increase jobs john mccain obama raise Revenue Security Social spending tax taxes trade

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