Showing posts with label Taxes. Show all posts
Showing posts with label Taxes. Show all posts

Wednesday, October 22, 2008

The New Red Scare (McCain's last political stunt)



John McCain's last ditch effort to divert American attention away from the real issues that face our nation in these troubling times in this:

Obama is a socialist. He wants to turn the IRS into a welfare program.


This is John McCain's desperate attempt to incite fear that Obama wants to raise taxes and turn the IRS into a treasury. There are only a few facts that create a problem with this notion. More importantly, the people who buy into this pander that Obama's tax plan is socialist do NOT know the following things at all.

1. Recent polls show that the American people are not buying this, and that more people believe that John McCain will actually raise their taxes, not Barack Obama. SEE: POLL here Editors note: Read the entire poll, you might find out that Americans are NOT as stupid as you think.


2. Ending a tax break or a tax cut IS NOT raising taxes. Tax cuts were never made to be permanent. Ronald Reagan and Bill Clinton both knew this. George Bush proposed the tax cuts so that the economy would be more stimulated with more investment and more spending. We can now see where that got us. Instead it just pushed middle class and poor families down.

3. Giving a tax break to the wealthy in the first place IS WEALTH RE-DISTRIBUTION. The fact that a very small percentage (5% and up, with the largest and most significant breaks going towards the top 1%) get a tax break while more than 95% do not, is socialism. It's more than socialism, its cronyism, it is communism benefiting the top (ever heard of China, Cuba, Vietnam, Russia and North Korea? (cough, bullshit, cough).

4. John McCain vehemently opposed George Bush's tax cuts to the wealthy. He was 100% against them. John McCain in fact is calling his old Maverick self a socialist.

5. The tax payer bailout of greedy and risk taking banks is socialism. If Senator McCain was so against the idea of socialism, he would have voted against the masses bailing out the few with their tax dollars. Thanks Mav.

6. John McCain's socialist remarks ignore the entire foundation of tax-and-spending policies that have been established in the federal income tax since '13. (And I don't mean 1913). They also neglect to mention that the payroll tax is a completely socialist idea, since both the rich and poor benefit from Social Security.

7. John McCain's socialist pleas to "Joe the non-certified, non-unionized plumber" neglect the fact that over the last eight years, middle-class wages have stayed nearly stagnant, while corporate profits and high-income earners wages have soared.

8. Shifting the tax breaks to people who need them, is not socialism. It's democracy.

9. John McCain also doesn't admit that his own health care plan is far more socialistic than Barack Obama's tax plan. His plan calls for new taxes (for the first time in history) on people's insurance benefits. Their benefits would now be counted as income, which would probably move most middle class people with employee provided health insurance into the next bracket. The tax from these employer provided health plans would go back into a 5,000 dollar tax refund for every american, and more or less straight back to the insurance companies. He forgets to mention that there are more than 40 million people who don't have insurance. His health plan is bad, because it is a tax increase on working familes (unionized workers with health plans) and a $5,000 dollar tax break even though the average health plan costs well over $12,000 a year.

10. The nonpartisan Tax Policy Center says that Obamas tax plan would make the system more progressive overall. It would not even be a radical shift (unlike McCain's health care plan). The Tax Policy Center also says that favoring higher tax plans for the wealthy than the less fortunate, isn't socialism. If it is, than the United States has been a socialist country for more than a century.



This is just another stunt by John McCain to instill fear in the minds of voters. Socialism is a bad word in American society, yet the very foundations of some of our most successful programs in American culture are socialist ideas.

The theory, is that John McCain is trying to scare up as many rural, white, middle class votes as he can. Ronald Reagan did the same thing by waging his war against "welfare queens". He is waging the ultimate class warfare and is blaming it on Barack Obama.

John McCain is running out of time, and I feel sorry for the people who fall for his campaign stunts. Ending a tax cut for the wealthy and shifting it to middle class workers is not socialism. It's common sense.





Out of time, out of ideas, out of touch.

Tuesday, September 9, 2008

Death to Taxes!

You know that you have just soundly defeated a Republican in an argument when they resort to the following two backlashes.
1) "Fine! Just get ready to be taxed like no other! I might as well mail my whole wallet to Uncle Sam RIGHT NOW! They can have all of it! I mean! Damn! I earned it but they deserve it!
or
2) Well I hope you're ready for a really really really big government then! There will be no stopping them! They'll be so big! We'll have to give them alllllllllll of our money! Why should the rich be punished for being sooooooooo successful? I might as well just send them my wallet right now!


Boom, you know you've won your argument. I learned this the other day when my dad got lost on the fact that the government should increase funding towards programs that help the poor, and again when I argued a friend to the point that super-rich people SHOULD pay more taxes because they are getting too large of a break when compared with the middle class who keeps getting pushed into poverty and debt.

Right away they became angry and upset at the fact that someone (and mind you, it was neither of them or nor will it ever be, I don't care how rich they think they will be someday) would have to pay for social justice and the fact that the government would have to be the one to do it.


Most Republicans think that raising taxes is always a bad thing. That everyone already pays enough taxes and that people should be rewarded for being successful.
However, not everyone pays enough taxes, people like Warren Buffet have come flat out and said that the super rich, like himself, should contribute more to society. This from the man who already gives millions along with his pal Bill Gates to charitable and non-profit organizations. So he is actually living by example. He illustrates the failure of the tax system under the Bush Administration.
In 2001, the Republican philosophy was this: The economy is doing so well, there's no reason to NOT cut taxes, since Bill Clinton had left them a surplus, why not give some of it back to the people? It sounds nice on paper except for the fact that his tax policy then gave more back to the top 1% than it did the rest of the people who paid taxes. Yes, my parents got a nice little rebate check and I'm sure they enjoyed it. We got a new tv and tile in our kitchen and things like that. But Norman B. Richafella across town in Cherry Creek got such a huge tax break, he got a new boat, a new car, a new condo in Hawaii and a whole new kitchen entirely.
The Democrats threw a fit at the thought of this new tax break policy because it didn't take into account what to do if the economy suddenly slowed, which it did. There went our surplus and here came our deficit thanks to a new war on terror.
We are now hugely in debt, our deficit is alarming and something must be done about it, because it is effecting our entire economy. We must tax. We have no choice. You can think George Bush for his lopsided tax breaks for the top 1% and their money consuming industries like big oil and big wal-mart. These industries and millionaires do not and did not need these gigantic tax breaks. it only made their profits higher and perhaps their greed more ferocious. John McCain and Barack Obama will both have to raise taxes, you no longer here John say "No more new taxes, period!" You don't because that was a lie. Barack Obama promises a tax break for 95% of American familes, the problem is, there are a LOT of people in that top 5% who will have their taxes raised.
The difference is whom the tax cuts and raises will benefit and independent tax think tanks from both sides have weighed in, and the middle class will benefit more under Sen. Obama's tax plan, and the rich will benefit more under Sen. McCain's tax plan.

The point is this, taxes must go up, period. That along with a huge slash in government spending (of whom both have not offered to do, again, it's about what the spending will be on, schools and social programs, or military and tax cuts for industries). We have a long way to go, and I encourage you to look at both of their tax policies, because it's going to effect all of us in the long run. You just have to decide who we need to help now, the middle and lower class workers, or the rich and powerful executives who employ them.

We can't go four more years with this lopsided tax break policy, we can't keep going heavily into debt. We can't promise things that we NEED without having the money for them.