Wednesday, October 29, 2008

It's Obama magic I tells ya!

Yay, I get $1000.  Yay!
My wife tells me that the Obama-Biden Tax Calculator has all the girls at work in full swoon.  First, how does Obama get away with calling it a "tax savings, " since 30% of the people who will get at least $1000 don't pay tax to begin with?   It's a spending plan.  But this is what I really don't understand.

 Isn't this really a Bribe-O-Meter?  How does it differ from me walking into a bar and offering $1000 to anyone who votes for Obama?  I know it goes on, to some (lesser than $1000) degree, but it's illegal.  Obama is doing it in full public view. 

As we learned yesterday, just by letting the Bush Tax Cut expire, which Obama has said he will do, a married family, filing jointly and earning $75,000 a year will see a tax increase of $3,074. 

If you own, say, a small pizza joint, your
small business tax rate of 54.9 percent will be  the highest level since the Carter Administration.

Senator Obama has also said that he will raise capital gains taxes from 15 percent to 20 percent. If you cash in your IRA. or change investments, you'll pay an additional 33% tax on retirement profit.

Finally, Obama's biggest tax targets are American corporations.  What do we know about  taxing business boys and girls?  That's right.  They raise prices to cover the cost.  And what if the higher prices cause them to lose business, and fold, or leave the country?  That's right. No income for you.

This is the real Obama-Biden Tax Calculator

Close, spin, and grit your teeth.

7 comments:

Anonymous said...

Mine said "You will probably not get a tax cut". Probably Not? Probably?

Anonymous said...

I predict that in one year you will be a little more careful what you post on your website.

Any Cuban ex-pat will tell you that by that time its too late. The Cubans I know here in S. Florida are saying "damn, here it comes again".

Rodger the Real King of France said...

I won't have to be careful ... the blog will monitor/edit content under threat of fines. Blogger will do that without threat.

Anonymous said...

My tax savings under Obama's plan -- $0.

That bastard.

Word Verification: carve

AnnoyedOne said...

Anonymous,
If Obama wins Castro/Chavez et al will prolly be frequent guests at Lincoln's Bedroom.

Anonymous said...

Willingly surrendering your freedom, and that of your children, for money makes one a whore.

pdwalker said...

Hmm...

Given what you've said, the picture should be of a semi-automatic with a single round in the slider rather than a revolver.

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