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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: LindyBill who wrote (255588)	6/25/2008 6:55:52 AM
From: Brumar89	Respond to of 794024

No wonder he doesn't want to face McCain in a debate: • In effect, he would legislate a 60 percent tax bracket for upper-income Americans, killing all initiative and innovation. He'd raise the top bracket to 40 percent. He'd apply FICA taxes to all income, not just that under $100,000 as at present. So add 40 percent plus FICA's 12.5 percent plus Medicare's 2 percent plus state and local taxes averaging, after deduction, at 5-6 percent, and you have a 60 percent bracket. • He would double the capital gains tax, saddling the 50 percent of Americans who own stock with dramatically higher taxes. • He'd double the dividend tax, hitting elderly coupon-clippers now retired and depending on fixed incomes. • He wants to cover 12 million illegal immigrants with federally subsidized health insurance, dramatically driving up costs and forcing federal rationing of healthcare. As in the U.K. and Canada, you will not be permitted certain medical procedures if the bureaucrats decide you are not worth it. • He proposes requiring Homeland Security operatives to notify terror suspects that they are under investigation within seven days of starting the investigation. • He says that unless they can establish that there is "probable cause to believe that a certain individual is linked to a specific terrorist group," Homeland Security cannot seize his documents and search his business. The current standard is only that the search be "relevant" to a terror investigation. • In effect, he would legislate a 60 percent tax bracket for upper-income Americans, killing all initiative and innovation. He'd raise the top bracket to 40 percent. He'd apply FICA taxes to all income, not just that under $100,000 as at present. So add 40 percent plus FICA's 12.5 percent plus Medicare's 2 percent plus state and local taxes averaging, after deduction, at 5-6 percent, and you have a 60 percent bracket. He does not oppose $5-per-gallon gasoline but only says that he wishes there had been a more "gradual adjustment" to the higher prices.

To: LindyBill who wrote (255588)	6/25/2008 9:59:07 AM
From: KLP	Respond to of 794024

Crimenatelly... or &^%$^#$(#$Y8y....Obama is going to have to either refute all that Morris just wrote, item by item, or the Repubs have their talking points from this minute forward.... If Obama really wants to do all or any of that....just draw our money from the accounts now, and bury whatever is left in the back yard.... Then do not pass Go, but go directly to the poor house and stand in line with the rest of America. What a way to wake up in the morning....!

To: LindyBill who wrote (255588)	6/25/2008 10:07:42 AM
From: DMaA	Respond to of 794024

He'd apply FICA taxes to all income, not just that under $100,000 as at present. The problem with SS is that it collects TOO MUCH MONEY. It just encourages congress to overspend. Here's my solution - Every five years the SS administrators prepare an estimate of how much money they will need for the next period. They should be able to come pretty close. Take the excess accumulated in the first 2 1/2 years and invest it with the FEDERAL RESERVE BANK, not the treasury. If Americans when faced with the bill think it is too much to bear, they can elect representatives who can pare down the benefit.

To: LindyBill who wrote (255588)	6/25/2008 2:12:05 PM
From: Nadine Carroll	Read Replies (2) \| Respond to of 794024

Dick Morris is right about the need to emphasis Obama's taxation plans, but I think he misses the mileage to made from the way Obama talks about religion. The way he spoke about it yesterday, it sounded perilously close to a dive into psychoanalysis to explain this weird thing, this American religiousity. He talked about a hunger for meaning. This is just not the way people who actually are religious think about their religion or talk about it. The more Obama talks about religious Americans the more he sounds like an anthropologist on Mars. It is off-putting.