‘mccain’ Tagged Posts

What do people think about this? Seems to be a good collection of McCain and Obama stances on various issues?

It's pretty long...but substantial. Please take the time to read all of it. Energy: In an effort to force our nation to increase its reliance on...

 

It’s pretty long…but substantial. Please take the time to read all of it.

Energy:

In an effort to force our nation to increase its reliance on alternative or renewable energy sources, it has been thought of to increase the taxes on fossil fuels. However, this will help rise the tax price which will trickle down and be passed to the customer.
Obama wants to increase taxes of fossil fuels.
McCain is opposed.
62% of Americans are opposed.
35% support.

Some people want to begin drilling in ANWR. What isn’t well known is that the drilling would only cover 2,000 acres of 19 million. This would provide energy while we work on new ways that will eventually replace oil.
Obama says no to drilling.
McCain says yes.
55% of Americans say yes to drilling.
35% say no to drilling.

There is the option to drill for oil and natural gas in the U.S. waters, just offshore.
Obama says no to drilling.
McCain says yes.
73% of Americans say yes to drilling offshore.
27% say no.

Barack Obama has plans to implement sweeping environmental regulations. These regulations are thought to eventually raise the cost of gas, groceries, heating and air conditioning.
McCain is against Obama’s plan.
49% of Americans are also against it.
32% agree with Obama’s plan.

The US currently adds a tariff of 54 cents on each gallon of imported ethanol from countries like Brazil in an effort to protect American companies producing ethanol from corn. The tariff is passed on to the consumer in the form of higher fuel prices.
Obama believes this tariff should continue.
McCain believes it should be eliminated.
62% of Americans think it should be eliminated.
30% think it should continue.

There are 104 nuclear reactors in the US today that produce 20% of America’s energy needs and no accident has occurred at these reactors in 30 years. Other nations, such as France, are far more reliant on nuclear power, as 77% of that nation’s electricity comes from nuclear sources.
Obama wants to eliminate all sources of power from nuclear reactors.
82% of Americans disagree with him.
12% agree with him

Taxes:

An increase in the tax that stock holders pay on returns from 15% to nearly 40%.
Obama is in favor of this.
McCain is opposed.
66% of Americans are opposed
25% are in favor.

Increasing the death tax rate to 55% for any income past the first million.
Obama is in favor of this.
McCain is opposed.
53% of Americans oppose.
37% are in favor.

Raising the top tax rate on the self-employed from 37.9% to 54.9%
Obama is in favor of this.
McCain is opposed.
85% of Americans are opposed
10.5% are in favor.

America’s 3.7 million Sub Chapter S corporations, which are small companies with less than 75 stock holders, are currently taxed at a rate of 35%. So what about increasing the tax rate on these businesses over 15% to total of 50.3%?
Obama is in favor of this.
McCain is opposed.
85.4% of Americans are opposed.
9% are in favor.

How much should Americans who earn million per year pay in federal income taxes?
Obama says: More than 35%
52% of Americans say: Less than 35%
33% agree with Obama.

How much should someone who wins million dollars in the lottery pay in federal income?
Obama says: More than 35%
67.5% of Americans say: Less than 35%
22% agree with Obama

which of the following top individual tax rates, which combine income and social security, do you think is most fair?
28% under Reagan?
38% under Clinton?
55% under would-be Obama?
60% under Hoover?
70% under Johnson and Carter?
Well, only 12% of Americans want the tax rates that Obama offers.

According to the Tax Policy Center, Barack Obama’s tax plans would cost the U.S federal government nearly 0 billion in his first term, and increase the national debt by .3 trillion over ten years.
McCain is against Obama’s plan.
51% of Americans are against Obama’s plan.
33% agree with Obama’s plan.

Some say Obama’s proposed increase in deductions for taxpayers would increase the number of those who don’t pay taxes closer to 40%.
McCain is against Obama’s plan.
48% of American’s are against Obama’s plan.
33% agree with Obama’s plan.

Barack Obama says, if elected, he will follow through on his plan to raise taxes on businesses and the wealthy. When asked what might be a result, people responded thusly:
55.5% of Americans said there would be an increase of prices and goods.
20% feel as though companies would lay off more employees.
Obama, along with 5% of Americans believe that companies will pay the increase in taxes out of their own profits!

When asked: “Do you think that Barack Obama’s plan to increase taxes on businesses and the wealthy will make you better off or worse off?” People responded thusly:
35% agreed with Obama and feels as though they will be better off.
52% said they think they will be worse off.

Second Amendment:

When asked: “Do you agree or disagree that American firearm ma

How Much Will Obama Cost Us?

 

How much will Obama’s new health plan cost us?
**Mr. Obama’s proposed income-based health-insurance subsidies, tax credits for tiny businesses, and expanded Medicaid eligibility would cost another .63 trillion, according to the TPC. Thus his tax rebates and health insurance subsidies alone would lift the undisclosed bill to future taxpayers by .95 trillion — roughly 5 billion a year by 2012.

The Wall Street Journal did a great article on how much Obama’s plans are going to cost us.

Just wondering if anyone knows how much it truly will cost us all??

How much will his tax plans cost the average American?
**A trillion here, a trillion there, and pretty soon you’re talking about real money. Altogether, Mr. Obama is promising at least .3 trillion of increased spending and reduced tax revenue from 2009 to 2018 — roughly an extra 0 billion a year by 2012-2013.

How is he going to pay for it?

Raising the tax rates on the salaries, dividends and capital gains of those making more than 0,000-0,000, and phasing out their exemptions and deductions, can raise only a small fraction of the amount. Even if we have a strong economy, Mr. Obama’s proposed tax hikes on the dwindling ranks of high earners would be unlikely to raise much more than billion- billion a year by 2012.

http://online.wsj.com/article/SB122480790550265061.html

Funny…I am ignorant but how do you all think he will pay for his so called reformed health plan? With his 600 million in campaign funds? I think not!
I see no backup on where you got the numbers on McCain’s health care.

Have we finally found a workable idea for "Healthcare Reform"?

 

Strangely enough…. as poorly thought out and implemented as the Cash for Clunkers program is it actually is a very good concept for healthcare "reform".

This program sets aside a pool of money. American citizens can choose to use this money or not. They can use this money to buy a car of their choice, as long as it meets certain standards.

There is very little government interference in the choice of the consumer or the choice of the automobile dealer. The consumer can buy the car they want…the dealer is free to advertise its merchandise and to offer additional incentives.

Apply this concept to healthcare, but rather than create a pool of money from other people’s taxes the government can offer tax credits to individuals to pay for insurance. You can get the insurance that you want from the provider you want. The government will then offer up to "X" amount annually in tax credits to pay for it. This will modify your deductions on your W4 so you keep the money in each paycheck. It never goes to the government and thereby you do not need to apply for a refund to benefit from it.

To be eligible you need to be enrolled all year…any partial year enrollments are credited on a pro rated basis.

American citizens can choose their providers….companies are free to compete for new business and will likely see a rise in enrollments (driving down prices) as a result.

Of course we will still need to take additional steps to reduce the actual COST of healthcare (tort reform, reduced regulatory costs) but isn’t this is a great start?
zaza –

I voted for McCain albeit reluctantly. I was more inclined towards Mitt Romney the former Governor of my State.

why do people complain about paying taxes, taxes are going to rise either way?

 

Both McCain and Obama will have to raise taxes to pay for programs for which the public is clamoring, whether those programs are universal health insurance, expanding the military, trying to retire the national debt, or simply trying to balance the budget.

McCain proposes to increase your tax exemption for children by something like 5/year. That’s it, if you have children you get something, otherwise not. This will increase the deficit.

McCain proposes a 00-00 "refundable" tax credit for the purchase of health insurance while apparently proposing, as I understand it, eliminating the deduction for employer provided health insurance. This is a tax increase for business to pay for a tax benefit to the public. This is, ostensibly deficit neutral.

McCain will cut the corporate tax rate from 35% to 25%. This is proposed to keep American companies on shore and to stimulate the economy. This will not keep companies on shore because the 10% tax savings on profits is miniscule compared to the as much as 80% operating cost savings of exploitation of cheap foreign labor. And since most corporations do not pay any taxes due to loopholes it is ridiculous. All that will happen is that those that are paying taxes domestically will pay less and increase the deficit.

All of this tinkering with tax cuts will result in a net tax increase because a higher percentage of the operation of government will be placed on your credit card.

Obama’s plan, a tax cut for the middle class, should be offset by rolling back the Bush 43 tax cuts for the wealthy. Curtailing tax loopholes for companies operating offshore will have far reaching effects including reducing the deficit. As far as funding for new programs goes, there is little doubt that these, like universal healthcare or improving public education and tuition programs, will go on your nation’s credit card.

What’s in it for me? After all, I’m paying for it.

Your taxes are going to go up with either Obama or McCain. For whom you vote, if that is your issue, depends entirely on how much they will go up and/or what you will get in return

why does it seem like all republican plans favor the rich and big business over the working family?

 

JACKSONVILLE, Florida (Reuters) – Republican presidential contender Mitt Romney said on Saturday his 3.4 billion U.S. economic stimulus plan would rescue an economy on the "tipping point" of recession. His plan foresees 1.4 billion in stimulus to corporate America in measures that include permanently reducing the corporate tax rate to 20 percent from 35 percent over two years and allowing businesses to depreciate the value of new equipment purchases faster.

McCain has voiced apprehension over proposals for temporary tax cuts and more spending as suggested by many Democrats and Republicans, saying they result in additional strains on resources. McCain has instead proposed cuts in corporate taxes from 35 percent to 25 percent, extension of Bush’s tax cuts, and elimination of the Alternative Minimum Tax, which was enacted to prevent wealthy taxpayers from using many deductions to avoid federal income taxes.
so not only does it seem they favor big business but it is actually their beleive that it is the best way to adress our economic issues.

i now understand how that 0.00 a year that the bush tax cuts have saved me is really due to the added economic growth due to the billions in tax credits given to oil corporations, who have used those credits to help keep the price of food, fuel and transportation down…… due to their brilliant development and research programs and the republican led business revival these oil giants some how managed to see historic profit margins. thanks to those wonderful incentives and republican management of the economy we have seen millions of jobs created
(minimum wage service sector jobs, which don’t come with a pension or 401k or health insurance….)
to make up for the higher pay industrial jobs which have been lost.

i was wrong, i don’t understand how i missed how much the wonderful job done by our leadership in washington had done for us

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