Showing posts with label obama will tax the middle class you just wait. Show all posts
Showing posts with label obama will tax the middle class you just wait. Show all posts

29 October 2008

political stuff that distracted me during evidence this morning

I just had to share a couple of articles that I came across today. The first one deals with tax policy--while it would be nice if Obama actually only taxed those making more then $250,000 a year and gave a tax cut to 95% of americans like he likes to promise (although the 95% thing doesn't make a lot of sense because a big percentage of americans don't pay taxes...how can you give a cut to those who don't pay??? I know we've got the EITC which I've heard he wants to increase but that should not be considered a tax cut in any sense of the word) with all of the things he wants to spend money on I can't help but wonder if it's gonna end up hitting the middle class even if you reject the whole "trickle down economics" thing....

http://online.wsj.com/wsjgate?subURI=%2Farticle%2FSB122523819032678157-email.html&nonsubURI=%2Farticle_email%2FSB122523819032678157-lMyQjAxMDI4MjI1OTIyMzk4Wj.html

The second article just sums up some of my frustrations about the recent political climate...and one of the reasons the inevitable will probably happen next tuesday.
http://greensboro.rhinotimes.com/orson.10.09.08.html