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Politics : John McCain for President

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To: Little Joe who wrote (4117)10/13/2008 8:38:43 PM
From: RetiredNow  Read Replies (1) of 6579
 
You have a couple facts wrong in your post. You say "Since no where near a majority of Americans have family income of 250K, a very large percentage of Americans will not pay taxes." Actually, a large majority of Americans will continue to pay taxes under either McCain or Obama. The real difference between McCain's tax cut and Obama's is the distribution of the cuts. Under Obama's plans the cuts are skewed to the 95% of Americans who make less than $250K. Under McCain's, the tax cuts in absolute dollar terms go mostly the rich, even though on a percentage basis, everyone gets a tax cut.

As far as everyone taking responsibility for themselves, I agree. Right now, however, the very rich aren't taking responsibility. They run our largest financial institutions into the ground, walk away multi-millionaires, and you and I are left having to bail out the country so we all don't lose our retirement.

So forgive me if I think it is time that 95% of Americans get a little of the breaks that have been lavished on the top 5% over the last 8 years.
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