Obama tax cut calculator
Friday October 17, 2008
Categories: Purple Politics
This is pretty handy, in terms of cutting through the misinformation campaign by the McCain camp in trying to argue that Obama will raise taxes on the middle class: a tax cut calculator. According to our family data, we will...
Add to Del.icio.us
Add to Technorati
Add to Digg
Add to Newsvine
Add to Facebook
Add to StumbleUpon
Advertisement
Advertisement
Search This Blog
Subscribe
About City of Brass
City of Brass by Aziz Poonawalla approaches issues from the perspective of a Muslim of the West. Aziz, a member of the Dawoodi Bohra Muslim community, has been blogging since early 2003. His other major Islamsphere projects include the group weblog Talk Islam and the annual Brass
Crescent Awards. Aziz currently resides near Madison, WI with his wife and children.
Recent Posts
Most Popular Posts
Tag Cloud
Afghanistan, Barack Obama, Christianity, conservatism, Election Day '08, foreign policy, free speech, Green Revolution, guest post, health, human rights, Iran, Islam, Islamophobia, Islamsphere, Israel, muslims, News, Obama, Obama Administration, PLI, politics, presidential election, Ramadan, religion, religious freedom, Republicans, terrorism, Ummah, women
Blogroll
- Planet Islam - aggregator of RSS feeds from all over the Islamsphere
- Talk Islam - group weblog and central nexus of the Islamsphere's most popular bloggers
- Islam in China - by Wang Daiyu, about Islam in the far East
- Tariq Nelson - Islam and politics from the African American muslim perspective
- An Indian Muslim - by indscribe, about Islam in India and the Subcontinent
- 'Aqoul - group weblog for analysis and commentary about the Middle East/North Africa (MENA)
- Chapati Mystery - by sepoy, "started out wondering what T. E. Lawrence and Bhagat Singh would talk about, over dinner"
- Mr. Moo - by Musab Bora, a UK-based muslim who has a hilarious sense of humor.
- Crossroads Arabia - by John Burgess, about the politics and culture of Saudi Arabia, with an emphasis on human rights.
- Eunomia - by Daniel Larison, pragmatic conservative political punditry and comment
- Dean's World - group weblog founded by Dean Esmay, "defending the liberal tradition in history, science, and philosophy."
Guest writers
- Ali Eteraz
- Hesham Hassaballa
- Zeba Iqbal
- Aamer Jamali
- Taha Raja
- Hussein Rashid
- Joe Trippi
- G. Willow Wilson
I think it's possible that 95% will be lower under Obama.
But are you still paying your share? Are you carrying your weight?
Do you feel good and honest that you are not stealing from your neighbors?
I wonder if your magic calculator is adjusted for the Bush tax cut expiration, which will raise your taxes sure as the sun comes up, although Barry won't have done a thing?
The working middle class, the ones that have had to make changes to their budget to just pay for gas to get to work have been paying more than their share for a long long time. The ones that have been stealing from their neighbors live on wall street, the AIG's that after the bail out treated themselves to a beautiful spa weekend. I could use a spa weekend but it is way beyond MY budget!
Is there anyone in the USA, that really believe that there want be new taxes if by chance McCain get in office?
Do you think he has a clue of what the real working people go though?
Taxes are not going away; no matter who is in office; so we may as well save in what ever way we can and know God is the ultimate president.
The bailout was written and voted on by a Democrat congress. The crisis that caused the need for the bailout was caused by the Democrat controlled banking committe to fail to reform the regulation of the F/Ms even after repeated calles for regualtion.
Obama will merely empower more bad behavior by this group.
I agree that McCain is not much better. But this class warfare must stop.
Is the object here for each of us to shirk our responsibility and let someone else pay? Is that the new American Way?
Let someone ELSE pay for the healthcare
Let someone ELSE pay for our education
Let someone ELSE pay for every single thing in the country.
Pretending that it's "US" because "WE" pay taxes is a sad joke, and hearing Obama call for people to pay less and less of their own way is a sad state of affairs.
I do not question the results of his tax plan, I question the morality of it.
If your premiums are $10000/yr, under the McCain plan, you save a lot of money unless you are in a 50% or greater tax bracket (and no one is). Let's say you are in the 30-40% bracket (which is high). You would pay $3-4000 in taxes, but receive a CREDIT (significantly, not a DEDUCTION) of $5000, therefore, you would receive 1-2000 back, reducing your overall medical premium cost to $8-9000.
You need to wake up and smell the coffee, read between Obama's lines and receive the telegraphed messages he has been sending!!! Obama is nothing more than an eloquent and motivational speaker and, after hearing him every time, seems like I've just been to a pep rally. You need to watch his mannerisms and put 2+2 together on your own, clearly Obama's 2+2 equals something entirely different than 4! Obama's ego, agenda and self-serving statements (much like what you may tell your significant other, what you think they want to hear rather than the truth) and purposes will not only cost you and most other middle income families a whole load of extra expense, but his values are inconsistent with that of America. Furthermore, there are huge gaps in his stories regarding his relationship with all of the criminals and/or religion of which this Country was founded on. Hopefully you will start doing some homework, thinking things through on your own and without the aid of someone looking for a job as the Pres., and deeply consider ALL aspects before Nov. 4th.
Bill Clinton ran in 1992 on the promise of a tax cut for the middle class, then three weeks after the election he disclosed that he would be raising taxes instead. Those who believed Clinton during his campaign are likely to believe Obama today. Candidates say what they believe will get them elected, and their policies once in office may or may not match the campaign rhetoric. I certainly believe Obama will follow through on his promise to raise taxes for upper-income earners; I am less than confident about his tax-cut-for-the-middle-class pledge.
Tax cut..It is about time someone took notice of the class that carries the US... Middle class America makes the rich and helps the poor... No complaints from me... But cutting taxes to enable the middle class to continue to grow, helping the poor become middle class and the middle class to become rich.... I'm all for it!... Just don't take anymore money from the middle class we can not afford it... I just pray the American people will not let this political campaign turn into violence, because it is starting to turn into just that... That definitely would be bad for economy....
anyone who believes that the "2nd grade equivalent" of a tax calculator gives any kind of accurate comparison, shouldn't be allowed to vote!
This calculator uses gross income and dependents and takes nothing else into account. It is a simple calculation that is in no way going to reflect true tax savings.
Post a Comment
By submitting these comments, I agree to the beliefnet.com terms of service, rules of conduct and privacy policy (the "agreements"). I understand and agree that any content I post is licensed to beliefnet.com and may be used by beliefnet.com in accordance with the agreements.