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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: combjelly who wrote (420688)9/29/2008 10:41:25 AM
From: jlallen  Read Replies (2) | Respond to of 1573682
 
He has indicated he will remove the cap on FICA tax and he will double the capital gains tax...each is a bad idea.

J.



To: combjelly who wrote (420688)9/29/2008 10:50:03 AM
From: i-node  Read Replies (4) | Respond to of 1573682
 
>>> Why not use the entire article by factcheck.org?

Because I wasn't looking at it I was looking at another article that cited it.

The simple truth is that Obama supported raising taxes on families consisting of one person, of which there are millions, making 42K.

Saying it any other way is a lie. A single person making 42K would have their taxes raised if it were up to Obama. The claim, by McCain, is absolutely true.

"* A TV spot claims Obama once voted for a tax increase "on people making just $42,000 a year." That's true for a single taxpayer, who would have seen a tax increase of $15 for the year – if the measure had been enacted. "

It was not a lie or even a misrepresentation. According to your own post. Glad we cleared that up.



To: combjelly who wrote (420688)9/29/2008 11:06:22 AM
From: Taro  Read Replies (1) | Respond to of 1573682
 
The radio ad claims Obama would increase taxes "on the sale of your home." In fact, home-sale profits of up to $500,000 per couple would continue to be exempt from capital gains taxes. Very few sales would see an increase under Obama's proposal to raise the capital gains rate.

So pray explain why he would then increases these taxes at all?

Taro