Biden: Paying Higher Taxes Is "Patriotic"

(AP)  Democratic vice presidential candidate Joe Biden said Thursday that paying more in taxes is the patriotic thing to do for wealthier Americans. The Republican campaign for president calls the tax increases their Democratic opponents propose "painful" instead of patriotic.

Under the economic plan proposed by Democratic presidential candidate Barack Obama, people earning more than $250,000 a year would pay more in taxes while those earning less - the vast majority of American taxpayers - would receive a tax cut.

"We want to take money and put it back in the pocket of middle-class people," Biden said in an interview on ABC's "Good Morning America."

Noting that wealthier Americans would indeed pay more, Biden said: "It's time to be patriotic ... time to jump in, time to be part of the deal, time to help get America out of the rut."

Republican presidential candidate John McCain released a television ad Thursday charging that Obama would increase the size of the federal government amid an economic crisis. Contending that "a big government casts a big shadow on us all," the ad features the image of a shadow slowly covering a sleeping baby as it exaggerates the reach of the Obama tax proposal.

"Obama and his liberal congressional allies want a massive government, billions in spending increases, wasteful pork," the ad says. "And we would pay - painful income taxes, skyrocketing taxes on life savings, electricity and home heating oil. Can your family afford that?"

[spiritwalk]

Taken from the CBS Rules of Engagement:
"no libel, slander, no lying, no fabricating,"

In regards to the political debate it is wrong for you to do that in your opinion posts. That is for CBS to do in their reporting.

You have to get some campaign advertising money or the chance at an exclusive interview before you can libel, slander, lie and fabricate too.

[spiritwalk]

Paying taxes is PATRIOTIC? The last time they trotted out the word PATRIOT we got Homeland Security. What''s next? How about changing the name of the IRS to Homeland Investment. That sounds real patriotic.
Watch out when someone says they''re a patriot. They are always the ones who stay home while sending others to war. Patriot draft dodgers will quickly turn into patriotic tax dodgers.

[clovisbuford]

he rich already are paying alot more than the lower and middle class - it''''s not as if the rich aren''''t paying or are paying less than the little guys.Posted by stanmikitaC at 07:40 PM : Sep 18, 2008I saw warren Buffet on tv the other day , He said it was a class war and his side was winning . He pays an effective 17% tax on his income , His secretary pays nearly 33% . He offered a million dollars to the charity of their choice to any of the Forbes 400 who paid more of a percentage than their their secretary . He still has that million dollars and its been a few months .He gets that we have to have a healthy middle class ,and the growing income redistribution from the middle class to the wealthiest Americans through income tax cuts that mostly benefit the wealthy is not healthy for our country.IN 1940 the effective tax rate on the top of the economic pile was 94% to pay for WW2 , the Iraq war is being fought on chinese credit to the tune of 10 billion dollars a month to be paid for by our grandchildren . The iraq war would be over tomorrow if they did the same thing today and made the feudal oligarchs who are the republican base as Bush said it pay a 94% tax rate . They support Bush don''t they , they are patriots , let them do like the greatest generation and pay like they did in 1940.

[stanmikitac]

The obama plan is a joke...Sure he''ll cut taxes for 95% of Americans - that sounds good on paper(just like tax-cuts for the rich sounds bad), but it will be a disaster. How many of the 95% end up losing their jobs because of the increased taxes on businesses. the left loves to demonize business and people who are sucessful. But the so-called "tax-cuts for the rich" will destroy the economy and obama knows it - he''ll say and do anything to get elected. And unfortunately many people are buying into his bull. obama recently said that he would have to wait on eliminating the Bush tax-cuts because right now it would hurt the economy in it''s weakened state...so how will eliminating these cuts help us later. Tax-cuts for the rich have long proven to be sucessful and have stimulated the economy. The rich already are paying alot more than the lower and middle class - it''s not as if the rich aren''t paying or are paying less than the little guys. obama''s plan is a gimmick to get elected and spells economic disaster for this country(his plan is eerily similar to Pres Hoover''s when he took over a struggling economy - only to dig us deep into the Great Depression). Despite what the obama camp says - McCain and Bush couldn''t be more different.

[downsteamjim]

The Obama Biden economic plans is put air in your tires and a new toaster in your kitchen.

[clovisbuford]

If more peope of both parties reported this kind of trash we might actually be able to let our kids engage in the political process without having to worry about them being exposed to stuff like that.Posted by mbourn2 at 06:24 PM : Sep 18, 2008
One thing most of us can agree on mbourn2 no matter what our positions

[clovisbuford]

"As of September 2008, the total U.S. federal debt was approximately $9.7 trillion[2], about $31,700 per capita (that is, per U.S. resident). Of this amount, debt held by the public was roughly $5.3 trillion.[3] If, in addition, unfunded Medicaid, Social Security, Medicare, etc. promises are added, this figure rises to a total of $59.1 trillion.[4] In 2007, the public debt was 36.9 percent of GDP [5], with a total debt of 65.5 percent of GDP.[6] The CIA ranked the total percentage as 26th in the world. "according to wikkipedia.

[clovisbuford]

Clinton announces record payment on national debt
By John King/CNN

May 1, 2000
Web posted at: 5:13 p.m. EDT (2113 GMT)

WASHINGTON (CNN) - President Bill Clinton said Monday that the United States would pay off $216 billion in debt this year, bringing to $355 billion the amount of the nation''s debt paid down in the three years since the government balanced the budget and began running surpluses.


In a written statement, Clinton said the $216 billion payment represented the largest debt paydown in American history, and he said that the federal government''s long-term debt is now $2.4 trillion lower than projected to be when he first took office.

However, the U.S. government still has a long way to go before it pays down the entire national debt, which now stands at $5.7 trillion.
the clinton yrs. note the deficit is 5.7 trillion dollars.

[mbourn2]

If more peope of both parties reported this kind of trash we might actually be able to let our kids engage in the political process without having to worry about them being exposed to stuff like that.

Taken from the CBS Rules of Engagement:

There%u2019s legal language nearby. Here''s the plain English: no libel, slander, no lying, no fabricating, no swearing at all, no words that teenagers use a lot that some people think aren''t swearing but we do, no insulting groups or individuals, no ethnic slurs and/or epithets, no religious bigotry, no threats of any kind, no bathroom humor, no comparing anyone to Hitler, Stalin or Pol Pot. We expect heated, robust debate, but comments should be polite and civil. We consider this to be public space so behave and write accordingly.

[mbourn2]

I certainly do not support Obama but this last coment crossed the line. This one was reported for abusive language. Posted by NObama_SUX at 06:19 PM : Sep 18, 2008