Thursday, October 2, 2008
Ask Joe Biden what time it is...
He should have no problem telling you - because Sarah Palin just issued him one freshly cleaned clock!! Wow!!
Let's compare tax plans...
In the interest of being on a quest for the “whole” truth, as prodded by the Mad Sociologist, I went looking for details on the candidates tax plans. Since Obama claims he is going to give 95% of families a tax cut and he says that McCain is reserving his tax cuts for the wealthy, I wanted to know the truth. Where did I go for the truth? I went to Barack Obama’s campaign web site. I figured this would be the place that would shed the most positive light on Obama’s plan and I was not disappointed.
After reading his “Full Tax Plan” I was pointed toward the Tax Policy Center as an unbiased source of information.
One the front page of the Tax Policy Center’s web site, I found a section titled The Impact of the Presidential Candidates' Tax Proposals on Effective Marginal Tax Rates (September 30, 2008). So I dug in.
Here is a summary of what is listed there. The data is theirs, the graphs are mine (since they didn’t have any)
Data for Tax Year 2009
Data for Tax Year 2012
Now…can someone please explain to me how Obama’s tax plan is better than McCain’s? It appears that the only people that would be helped by Obama are the people that already pay negative taxes!
After reading his “Full Tax Plan” I was pointed toward the Tax Policy Center as an unbiased source of information.
One the front page of the Tax Policy Center’s web site, I found a section titled The Impact of the Presidential Candidates' Tax Proposals on Effective Marginal Tax Rates (September 30, 2008). So I dug in.
Here is a summary of what is listed there. The data is theirs, the graphs are mine (since they didn’t have any)
Data for Tax Year 2009
Data for Tax Year 2012
Now…can someone please explain to me how Obama’s tax plan is better than McCain’s? It appears that the only people that would be helped by Obama are the people that already pay negative taxes!
Obama's fishy $200 million
An auditor for the Federal Election Commission is attempting to have his bosses seek a formal investigation into the collection by the Obama for President campaign of more than $200 million in potentially illegal political donations, including millions of dollars of illegal, foreign donations, and has sought a request for assistance from the Department of Justice or Federal Bureau of Investigation. But the analyst's requests have largely been ignored. "I can't get anyone to move. I believe we are looking at a hijacking of our political system that makes the Clinton and Gore fundraising scandals pale in comparison. And no one here wants to touch it."
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