Comments on: Doing The Math On Candidates' Tax Plans

CBS Evening News Crunches The Numbers To Find Out How Each Candidates' Proposed Tax Policy Would Affect Your Wallet

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by heartlandjim October 31, 2008 10:52 AM EDT
The bottom line is the hard working man and woman would be better off under the Obama plan. The rich would score biiiigggggg under the McSame plan. I choose the hard working man and woman. I choose Obama!!!
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by paulmita October 31, 2008 10:41 AM EDT
For all you McCain supporters out there, here is a little poem I wrote yesterday morning before my first appt.
- See what happens when a hairstylist has toooo much time on her hands?
( a take off on " The Night Before Christmas ")

''Twas the night before elections
And all through the town
Tempers were flaring
Emotions all up and down!

I, in my bathrobe
With a cat in my lap
Had cut off the TV
Tired of political ***.

When all of a sudden
There arose such a noise
I peered out of my window
Saw Obama and his boys

They had come for my wallet
They wanted my pay
To give to the others
Who had not worked a day!

He snatched up my money
And quick as a wink
Jumped back on his bandwagon
As I gagged from the stink

He then rallied his henchmen
Who were pulling his cart
I could tell they were out
To tear my country apart!

" On Fannie, on Freddie,
On Biden and Ayers!
On Acorn, On Pelosi"
He screamed at the pairs!

They took off for his cause
And as he flew out of sight
I heard him laugh at the nation
Who wouldn''t stand up and fight!

So I leave you to think
On this one final note-
IF YOU DONT WANT SOCIALISM
GET OUT AND VOTE!!!!

Please forward this on in hopes that maybe some folks out there who aren''t motivated to go vote will realize not getting out to vote for McCain IS A VOTE FOR OBAMA!!!- Thanks, Katy Zastrow DuBois
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by popstom12 October 31, 2008 8:39 AM EDT
Get the flaps ready
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by abbe91 October 31, 2008 8:26 AM EDT
"Saying no to pork is like condemning all suburban and rural communities to a second class life and only giving opportunity to inner city metro areas.
Posted by pensacola98 at 01:22 AM : Oct 31, 2008"

Do you think that most republican voters with the income of, say, Sam the plumber, would continue to vote republican if better educated ? Republicans have no interest in education for all suburban and rural communities ...
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by tapsettle October 31, 2008 8:11 AM EDT
What tax plans? They are both stuffed as bush just lumbered the next several generations with the largest tax burden ever known. As if his ''war on terror'' costs werent bad enough, he now chucks in a trillion or so to bail out his corporate and banking buddies too. What a nation of dumbos that put him in the Whitehouse.
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by babooph October 31, 2008 7:55 AM EDT
The soc. sec. tax -convieniently "LEFT OUT"the boss & worker combined send in 16%-none of it written off -even the poor pay it ALL-the rich get most of theirs EXEMPTED!!!!-That is why benifits are endlessly reduced & the & goes into the general fund -mainly for the military for the protection of the rich !!
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by martel_v October 31, 2008 7:30 AM EDT
Investors send money to companies that pay the best dividends AFTER TAXES. - Posted by Machineguy

Investors are NOT sending money to the company when they buy stock unless they''re buying shares which have been newly issued by the company, which is an infrequent occurrence. Secondly, most investors don''t buy stock based upon whether or not the company issues dividends, since the overwhelming majority of companies do not.

Investors buy stock in the companies which are most efficiently and effectively using existing revenues to increase future revenues, while maintaining a small percentage of profitability as revenues increase. Exceptionally high salaries and bonuses for those at the top of the corporate pyramid reduce the ability of the corporation to grow revenue and profit.

Higher tax rates for those individuals at the top of the pyramid result in reduced growth of their salaries and bonuses, which benefits the shareholders because that money is re-invested in machinery and personnel to grow revenue, and it also tends toward a reduction in the absurd spectacle of corporate executives being paid 450 times what their average employees earn.

When American corporations were growing to world market dominance, those at the top were looking at 92% tax rates, and consequently weren''t giving themselves ridiculous salaries and bonuses. In fact, in the 1950s and 1960s, CEOs and presidents of American corporations were earning 22 to 29 times the pay of their average employees.
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by bigjoe-24 October 31, 2008 7:30 AM EDT
Machineguy...........

I bet you''re doing great under the current tax system and the economic hardship it brings to the middle class :)
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by longtree-2009 October 31, 2008 7:21 AM EDT
this is the type of news article wyatt andrews should have written. a stare/compare, analysis of both candidates and not just the one. cbs should have tougher requirements of its correspondents.
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by longtree-2009 October 31, 2008 7:10 AM EDT
flat tax across the board of some percentage regardless of income. no deductions, just flat tax for everyone. simple and would think it would reduce size of many government agencies.
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