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Oh, and as a small business owner, you will also get tax relief. So, just double the tax cut.
Don't get me wrong, I have no problem with my taxes being used to help out people less fortunate than me, but stop making people in my income bracket out to be a bunch of bandits making out with all the money. I don't have the money to pay a super-duper tax attorney/accountant to find enough loopholes for me to benefit from the current tax law so I guess I get the honor and privilege of getting hosed on both sides.
We're all victims of this consumerist society in many, many ways.
I can feel it in my bones...
I was wondering what, if anything, Obama proposes regarding the estate tax.
http://thesebastards.blogspot.com/
He talked about them constantly.
I don't understand the shock.
these were two different things that many of you sycophants are conflating. I see you have your talking points now.
On the campaign trail, Mr. Obama said he would phase out a similar tax-credit proposal at around $200,000 per household, but aides said they haven't settled on an income cap for the latest proposal. This part of the plan is similar to a bipartisan initiative launched in early 2008, which sent out checks worth $131 billion.
Economists of all political stripes widely agree the checks sent out last spring were ineffective in stemming the economic slide, partly because many strapped consumers paid bills or saved the cash rather than spend it. But Obama aides wanted a provision that could get money into consumers' hands fast, and hope they will be persuaded to spend money this time if the credit is made a permanent feature of the tax code.
[Aides said they hadn't settled on an income cap...]
Capitulated? I will correct myself and say the Dems and GOP are bought by the same merchants. The GOP just has more fundie flavor.
Some of us had Obama pegged as a cynical, triangulating centrist more than a year ago, thanks to the McClurkin fiasco.
Obama's recent transformation into Joe Lieberman is no surprise for those of us who have been paying attention.
I'm beginning to think electing Obama was a HUGE mistake.
Having said that....why is everyone getting there pee hot...have any of you SEEN the stimulus package or are we all just talking out our collective asses until we do? I think some just would rather blah blah blah blah blah blah
Let me put it in simple terms- if there is demand for business, that business goes under. If that business goes under, tax cuts and credits for employees hired becomes a joke. You have no stimulated the economy at all in that instance.
There are other examples if you care to dispute that one.
Liberal my ASS !!!
He is no progressive folks...even though I worked my working class ASS off helping to elect him (became a super volunteer)...I always knew I was supporting a right leaning centrist who would eagerly side with repiglicons over progressive dems. Hillbot shot herself in the foot so I had no other choice but Obama.
Hell, even howard dean was tossed under the bus !!!!
Obama may be shrewd when it comes to politics when it comes to having to work with the other side, but fudementally, the financial system as we know it is bankrupt. They just haven'y gotten around to telling us what we alrready know
Understandable, but when protest to such blatant evidence as the telecom immunity vote (which was, by then, done with Obama as de facto head of the party) is dismissed as whining by the OF, there begins to emerge a pattern of rank denial; something the republicans have maintained for the last 12 years. Unfortunately for the OF, the signs of Obama's disingenuous-ness are increasingly apparent.
The idea was to vote for 'change.' Having a dishonest, right-wing, Falwell-esque clergyman premiere the administration of 'change' does not bode well for promoting the very message Obama used to gather votes. Voting for telecom immunity after securing the nomination also does not buttress Obama's ability to keep his promises. Both are a slap-in-the-face to people who believed the candidate.
'Change' is as 'change' does and reneging on campaign promises almost faster than a Britney Spears marriage does not instill confidence in an abused and fabrication-weary public. The last 8 years far depleted the supply of "trust us" political capital, and anyone who demands more, knowing full well no equity has been substantively established-in fact further depleted by Obama's FISA and telecom immunity votes- is either selling something or works for Obama's campaign.
Obama's beginning to look every bit the slick, corporate-pwned huckster we were desperate to avoid.
Left wing, right wing, it's all the same bird...at this stage, I'm going to refuse to defend any politician since they seem to be as greedy for money and power as any other corporatist.
open a business...
Here is the new administration taking its plays from the biggest loser administration in Presidential history. Bigger than Hover. Oh yay.
With this action, like his FISA vote, Obama has done more than give the "impression" that he is "dealing with" or even that he will clean up this horrendous mess - he's actually embraced it and taken possession of it for the history books.
"Meet the new boss. Same as the old boss"
For what it is worth, I am sorry and deeply saddened that I feel this way. What is in the air in DC that makes Democrats so teeth chattering, knee knocking, pants wetting afraid of Republicans? ? Bulletin: The Republicans LOST!
Oh yeah we're all a bunch of whiny bitches.
http://www.talkingpointsmemo.com/archives/2009/...
These tax cuts appear to be for working people and small businesses, so they seem fairer than Bush's tax cuts.
So, is "spreading the tax cuts" worth going further into debt, knowing that the deficit will ultimately hit working people disproportionately (through reduced government services)?
100 pennies?
10 dimes
20 nickles
CHANGE ... exactly what did Obama mean by that.
Oh yeah, just words.
These are the ones who heard the call. That canvased the streets. That knocked on the doors.
These are the folks that believed. Progressives and Patriots alike - no matter how you wrap 'em. And we delivered. Yes We Did.
Guess we are ALL just a bunch of whiny bitches now. Shame on us for believing.
He did talk about tax cuts throughout the campaign.
(One thing I liked about Hillary--actually, the only thing I liked about Hillary--was that she seemed more concerned with the deficit than Obama did.)
The Illinois senator’s plan to “relieve the burden of the middle class” includes four points: 1) an income tax cut of $500 per person (or $1,000 per working family) for 150 million Americans; 2) a universal mortgage interest credit of 10% for homeowners who make under $50,000 a year; 3) the elimination of income tax for retirees making less than $50,000 a year; and 4) simplifying the process of filing a tax return.
http://firstread.msnbc.msn.com/archive/2007/09/...
Oh well.
You go to war with the Democrats you have, not the Democrats you wish you had.
http://bumperstickers.cafepress.com/item/obama-...