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Re: Taxation [message #355586 is a reply to message #355463]

Thu, 23 October 2008 20:25

Ryan3k
Messages: 363
Registered: September 2004
Location: USA

Karma:

Commander

Cabal8616 wrote on Wed, 22 October 2008 21:37

Obama's plan is basically to increase taxation for the rich, and decrease for the poor. Which is cool and all, but here's the thing.

Most rich people own businesses. What happens when a business (Which, by the way, normally have employees) has less money? This means less benefits for the employees. Shittier insurance, shittier payrolls, and so on are some examples of things they'd need to do to keep their business afloat. What's this mean?

Well gee, what are most employees? Oh, that's right. Lower to middle class.

Let's not forget, some businesses simply won't stay afloat. They'll collapse. Which means less employees. Which means people getting no money whatsoever.

OBAMA '08: HELPING THE MIDDLE AND LOW CLASS, BY FUCKING THE MIDDLE AND LOW CLASS RIGHT IN THE ASS.

Drat, you discovered the flaw in Obama's tax plan! Thank heavens!

Actually, this has already been addressed. Obama's plan is to give a TAX CREDIT to businesses that provide health insurance benefits to their employees. So that gives them a considerable monetary incentive to maintain decent health care coverage despite the insufferable tax increase.

...Except that the tax increase isn't so "insufferable." The tax increase for businesses immediately around the $250,000/year range is approximately 3%; the same tax rates they paid under Reagan! So hey, we're back to the old-school "trickle down" territory, if that's what everyone here seems to get off on.

Also, I realize that everyone fucking hates taxes. So do I. But we have a monstrous deficit that we need to address in some way. It's gotten so bad that simply cutting government programs alone, which McCain proposes, isn't going to do it. I don't know if Obama will adequately address the national debt problem, but he seems like the better alternative to me. McCain's not going to be able to cut pork-barrel spending with a Democratic congress, anyway.

A Path Beyond

[Updated on: Thu, 23 October 2008 20:28]

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[Message index]

		Taxation By: Quackpunk on Wed, 22 October 2008 19:22
		Re: Taxation By: GEORGE ZIMMER on Wed, 22 October 2008 19:37
		Re: Taxation By: Ryan3k on Thu, 23 October 2008 20:25
		Re: Taxation By: cheesesoda on Wed, 22 October 2008 19:45
		Re: Taxation By: Rocko on Wed, 22 October 2008 21:51
		Re: Taxation By: Quackpunk on Wed, 22 October 2008 22:03
		Re: Taxation By: u6795 on Thu, 23 October 2008 11:53
		Re: Taxation By: GoArmy44 on Sun, 26 October 2008 00:45
		Re: Taxation By: cheesesoda on Thu, 23 October 2008 12:19
		Re: Taxation By: futura83 on Thu, 23 October 2008 15:15
		Re: Taxation By: cheesesoda on Thu, 23 October 2008 20:30
		Re: Taxation By: w0dka on Sun, 02 November 2008 02:19
		Re: Taxation By: nikki6ixx on Thu, 23 October 2008 20:32
		Re: Taxation By: u6795 on Fri, 24 October 2008 03:37
		Re: Taxation By: cheesesoda on Sun, 26 October 2008 07:54
		Re: Taxation By: cheesesoda on Sun, 02 November 2008 06:44
		Re: Taxation By: Herr Surth on Sun, 02 November 2008 06:46
		Re: Taxation By: cheesesoda on Sun, 02 November 2008 06:54
		Re: Taxation By: Doitle on Mon, 03 November 2008 21:25
		Re: Taxation By: Herr Surth on Tue, 04 November 2008 05:54
		Re: Taxation By: cheesesoda on Tue, 04 November 2008 07:20
		Re: Taxation By: Doitle on Tue, 04 November 2008 11:44
		Re: Taxation By: Spoony on Tue, 11 November 2008 11:02

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