Comments on: Cutting Through The Candidates' Rhetoric On Taxes

[realpatriot1]

The real question for McCain is how does he intend to retain the Bush tax cuts for the wealthy, maintain taxes where they are for the middle class(none of his proposals help ordinary people), keep the war going full tilt, stimulate the economy, and balance the budget.

Obama has pledged to abide by the PAYGO rules; as fas as I know McCain has not made a similar pledge.

Obama''s proposals for increased spending to stimulate the economy and move toward alternative energy
are more than paid for by his plans to draw down in Iraq.

McCain''s proposals are not paid for. Either he won''t deliver or he''ll have to run up the deficit until the economy collapses.

[bradw2k-2009]

It''s preposterous to say that the candidates are similar on taxes. Obama wants to raise capital gains from 15% to 25%, McCain wants to lower corporate from 35% to 25%. The only way to have a strong economy is to cut government spending and taxation. McCain is not good, but Obama is definitely worse and will deepen the recession.

[realpatriot1]

bradw2k,

Either you aren''t reading very carefully or you don''t understand the difference between the corporate tax rate and the capital gains tax rate.

I don''t see where the corporate rate is even mentioned in the article. It''s charged against corporate taxable income. The cap gains rate has to do with investments, not commercial activity.

Obama isn''t raising it from 15 to 5%, he''s raising it from 20 to 25%(it''s aready going up to 20%). 401(k)s are exempt, so this is generally not an issue for middle class investors or pension funds.

While Obama''s proposed middle class tax cut does not appear toprecisely spell out what level of income is considered middle class, it''s clear that it is a tax cut proposal for most people and will put cash in people''s pockets. Coupled with his proposals to exempt retirees making less than $50,000 and to exempt estate taxes, he clearly is proposing more tax cuts than McCain for individuals(as opposed to Corporate lobbyists).

McCain is out and out lying to say that Obama''s plans would increase taxes for "all Americans".

McCain was for the expiration of the Bush tax cuts before he was against them. Why is Obama a tax raiser to support what McCain flip-flopped on but McCain is allegedly not?

[bradw2k-2009]

It''s preposterous to say that the candidates are similar on taxes. Obama wants to raise capital gains from 15% to 25%, McCain wants to lower corporate from 35% to 25%. The only way to have a strong economy is to cut government spending and taxation. McCain is not good, but Obama is definitely worse and will deepen the recession.

[bradw2k-2009]

It''s preposterous to say that the candidates are similar on taxes. Obama wants to raise capital gains from 15% to 25%, McCain wants to lower corporate from 35% to 25%. The only way to have a strong economy is to cut government spending and taxation. McCain is not good, but Obama is definitely worse and will deepen the recession.

[crater7]

Just thought I''d clear that up for ya. gocubs58;


SO, OBAMA VOTED FOR A BILL THAT PROVIDED BILLIONS OF DIRECT SUBSIDIES FOR BIG COMPANYS LIKE EXON MOBILE. AND FOR A BILL THAT ENCORUAGE THE USE OF ETHANOL, WHICH IS QUESTIONED BY MANY SCIENTIST, ON IT''S ADVERSE BENEFITS ON THE ENVIRONMENT. THE USE OF ETHANOL HAVE INCREASED PRICES ON EVERYTHING FROM GAS,FEED FOR LIVE STOCK, AND THE PRICE OF ALMOST EVERY FOOD ITEM CONSUMED BY THE AMERICAN PEOPLE.

WE ARE GLAD YOU CLEARED THAT UP FOR US ALL.

GOD "BLESS" AMERICA. NOT "G D" AMERICA.

[bradw2k-2009]

It''s preposterous to say that the candidates are similar on taxes. Obama wants to raise capital gains from 15% to 25%, McCain wants to lower corporate from 35% to 25%. The only way to have a strong economy is to cut government spending and taxation. McCain is not good, but Obama is definitely worse and will deepen the recession.

[bradw2k-2009]

It''s preposterous to say that the candidates are similar on taxes. Obama wants to raise capital gains from 15% to 25%, McCain wants to lower corporate from 35% to 25%. The only way to have a strong economy is to cut government spending and taxation. McCain is not good, but Obama is definitely worse.

[bradw2k-2009]

It''s preposterous to say that the candidates are similar on taxes. Obama wants to raise capital gains from 15% to 25%, McCain wants to lower corporate from 35% to 25%. The only way to have a strong economy is to cut government spending and taxation. McCain is not good, but Obama is definitely worse.

[bradw2k-2009]

It''s preposterous to say that the candidates are similar on taxes. Obama wants to raise capital gains from 15% to 25%, McCain wants to lower corporate from 35% to 25%. I know will which will help and which will hurt *everyone* during a recession.