Who is the BEST PERSON for the ECONOMY. Your answer now..?

Obama: Will cut taxes but when it expires, average US family will pay ,500 more in taxes. (CNN and MSNBC never makes it known) The Child Tax Cred...


Obama:
Will cut taxes but when it expires, average US family will pay ,500 more in taxes. (CNN and MSNBC never makes it known)

The Child Tax Credit will decrease from ,000 to 0 a child

Income tax rates would rise around 3%-4.5%

AMT-Exemptions will decrease ,500 per filer

Business tax expenses- Maximum deduction amount will decrease ,000,from 0,000 to ,000

Capital Gains- Rates will rise 10%-20%

Income tax burden-will raise about 5% for many workers

Marriage penalty created

Dividends-rates to increase from 15% to 40%

50% average increased tax rates on lower income houses

He may not raise taxes on average American, but by allowing tax cuts to expire, will raise household expenses on an average family.

MCCAIN:

Wi make the Bush tax-cut permanent. And will add additional tax cuts for middle-class Americans.

Entrepreneurs are at the heart of American innovation, growth and prosperity. Entrepreneurs create the ultimate job security – a new, better opportunity if your current job goes away. Entrepreneurs should not be taxed into submission. John McCain will keep the top tax rate at 35 percent, maintain the 15 percent rates on dividends and capital gains, and phase-out the Alternative Minimum Tax. Small businesses are the heart of job growth; raising taxes on them hurts every workers.

To all those who believe that Obamwill "never" raise taxes but rather will cut taxes- Yes he will cut our taxes but when his tax cut plan has expires, we will pay for higher taxes than we pay now..

HENCE, his plan of cutting taxes is just a POLITICAL STRATEGY and not a real rescur for every American families.

MCCAIN’s tax cut policy is permanent, and perhaps the biggest tax cut in history as Alan Greenspan says.

-from an ECONOMICS student.

19 Responses to “Who is the BEST PERSON for the ECONOMY. Your answer now..?”

  1. Ms Stevie says:

    Obama.

  2. Erin says:

    anybody but a republican. taxes are already rising regardless of who’s in office. people might think they arent gonna rise with one or the other………but we already have big government via bail outs. cost of living is already much higher. so in truth….anybody but a republican for me.

    an economic student would have seen this already. you must be at the bottom of your class……

  3. Ricky Coolwhip says:

    OOObama. mccain has been anti-regulations for 26 years, exactly the policies of the Bush administration that got us in this mess. No more McSame.

  4. imback_missme says:

    Ron Paul

  5. King TootinCommonSense says:

    McCain believes in BORROWING for our Republican Wars. This is what has doomed our economy.

  6. Jeremy says:

    Obama

  7. Derrick E says:

    Obama is the obvious answer

  8. bdancer05 says:

    McCain for president 2008…bd

  9. s j says:

    RON PAUL!!!

    The Federal Reserve has been and still is the problem.

  10. fishnut89 says:

    A vote for Obama is a vote for Osama!

  11. Greg says:

    The short answer is "The person most likely to push the ghost of Milton Friedman in front of the eternity bus and move on to pragmatic policy not rooted in ideological extremism".

    The person most likely to admit there have been mistakes and attempt to move on is Obama. It’s not a given, but McCain is a true believer and stuck on this point.

  12. suepeaches says:

    obama

  13. Frankie M says:

    Obama wants to destroy America’s middle class.

  14. It's me, Barry! says:

    Ron Paul has been talking about the sh*t for decades. Anybody ready to listen to him yet?

    http://www.traditionsofmen.org/html/money.html

    In most cases, a fiat monetary system comes into existence as a result of excessive public debt. When the government is unable to repay all its debt in gold or silver, the temptation to remove physical backing rather than to default becomes irresistible. This was the case in 18th century France during the Law scheme, as well as in the 70s in the US, when Nixon removed the last link between the dollar and gold which is still in effect today.

  15. MAttsprat says:

    THE CHICAGO MACHINE,ROBBER OF FREDDIE & FANNIE-WHO IS A SENATOR MAKING 130,000 A YEAR IS A MILLIONAIRE
    THE MEDIA HAS COVERED HIM WITH A BLANKET
    WONT EVEN TALK ABOUT ANY THING OF HIS PAST-BUT HE LOVES OPM
    SELF SERVING WITH AN I PROBLEM

    YOU DO THE MATH

  16. Mandy says:

    McCain ..Obamas plan will ruin our economy .

  17. thedude jr says:

    bob barr and the libertarian solution

    it wasn’t regulations that was the problem it was the lack of over site or actually the lack of the people doing their job of over site

  18. CharlieG says:

    This is exactly why I tend to vote more Republican than Democrat. Democrats always ALWAYS raise taxes. In my state it has happened already, we are paying at least 1% since 2004. Guess who’s in charge of the Senate and House? Democrats…spend, spend, spend and spend more when we get more money, than blame the Republicans…People should realize that when you start to tax business more, the only thing you are doing is hurting the working man; it means less money for the owner and that means cuts, guess who goes first?

  19. Danii says:

    JF Kennedy.

    but really though, i honestly think our country is going to go downhill either way.to put it in simple words without even having to really get into politics with Obama…. i’m not racist in any way at all, but i think even tho obama is not completely african american many many many americans perceive him that way, and many many americans will probably do anything in their power to get him out of office if he wins. and yes i’m thinking assassination. sorry to say. and Mccain is pretty similar to Bush. Is everyone in a comfortable living situation right now? No. Why would that change? It wouldn’t.

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