Comments on: Politico removes its claim that McCain’s tax cuts are ‘aimed directly at the middle class.’ (Updated) http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/ Thu, 26 Nov 2009 06:07:48 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Since2oo6 http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/comment-page-1/#comment-5574750 Since2oo6 Tue, 31 Mar 2009 14:19:23 +0000 http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/#comment-5574750 <a href="http://www.bedavapornoizle.us" rel="nofollow">Bedava Porno izle</a>, Ohh Thanks :) Bedava Porno izle,

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]]> By: Chuck Feney http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/comment-page-1/#comment-5282294 Chuck Feney Tue, 14 Oct 2008 14:12:29 +0000 http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/#comment-5282294 to Keith H. at #39: If that is not a rhetorical question, then let me give my perspective. The bailout isn't about helping the economy, unless it is the unintended byproduct of helping the financial sector. The ruling elite have always been suspicious of we-the-people democracy, so by concentrating power and influence in their hands we could have a new feudalism: where most of the property and wealth are concentrated at the top; and, the rest of us are little worker bees just struggling to survive. That is the stable form of governance that they seek. Think back to FDR years when the 'economic royalists' (JP Morgan, Prescott Bush and others) attempted a coup against the government. Bush's and Paulson's plan wasn't much different, just subtler. "If this were a dictatorship, it'd be a heck of a lot easier, just so long as I'm the dictator." — GWB, Washington, D.C., Dec. 19, 2000 to Keith H. at #39: If that is not a rhetorical question, then let me give my perspective. The bailout isn’t about helping the economy, unless it is the unintended byproduct of helping the financial sector. The ruling elite have always been suspicious of we-the-people democracy, so by concentrating power and influence in their hands we could have a new feudalism: where most of the property and wealth are concentrated at the top; and, the rest of us are little worker bees just struggling to survive. That is the stable form of governance that they seek. Think back to FDR years when the ‘economic royalists’ (JP Morgan, Prescott Bush and others) attempted a coup against the government. Bush’s and Paulson’s plan wasn’t much different, just subtler.

“If this were a dictatorship, it’d be a heck of a lot easier, just so long as I’m the dictator.”

— GWB, Washington, D.C., Dec. 19, 2000

]]> By: shaker o salt http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/comment-page-1/#comment-5281090 shaker o salt Mon, 13 Oct 2008 16:32:51 +0000 http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/#comment-5281090 Um, is just me, or am I wrong in thinking that hardly ANYONE who sold their holdings this tax year are going to have to pay capital gains taxes because the stock market is down 40% and is a bloody mess? So how does cutting these taxes any further actually help anyone? Um, is just me, or am I wrong in thinking that hardly ANYONE who sold their holdings this tax year are going to have to pay capital gains taxes because the stock market is down 40% and is a bloody mess? So how does cutting these taxes any further actually help anyone?

]]> By: Keith H. http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/comment-page-1/#comment-5280948 Keith H. Mon, 13 Oct 2008 14:59:42 +0000 http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/#comment-5280948 Off topic mostly: Re: 'bailout' and upcoming 'bailout' I need someone to explain to me how putting all of the people who actually pay taxes (as apposed to those who've benefited from the upper crust / corporate tax cuts created by junior) in debt for the rest of their lives is going to help the economy. i am missing something there. Off topic mostly:
Re: ‘bailout’ and upcoming ‘bailout’
I need someone to explain to me how putting all of the people who actually pay taxes (as apposed to those who’ve benefited from the upper crust / corporate tax cuts created by junior) in debt for the rest of their lives is going to help the economy. i am missing something there.

]]> By: Marie http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/comment-page-1/#comment-5280912 Marie Mon, 13 Oct 2008 14:17:05 +0000 http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/#comment-5280912 Chimpy has see what the Europeans do, and have it explained to him, and make sure McCain is on board before he says anything. Chimpy has see what the Europeans do, and have it explained to him, and make sure McCain is on board before he says anything.

]]> By: Chuck Feney http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/comment-page-1/#comment-5280898 Chuck Feney Mon, 13 Oct 2008 13:57:22 +0000 http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/#comment-5280898 Too bad the formatting didn't save when posting, so go to the link to read it directly. Too bad the formatting didn’t save when posting, so go to the link to read it directly.

]]> By: Chuck Feney http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/comment-page-1/#comment-5280894 Chuck Feney Mon, 13 Oct 2008 13:55:48 +0000 http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/#comment-5280894 From the Parade magazine article cited earlier: How Much Would You Pay in Taxes? Sens. Barack Obama and John McCain both say they’ll cut federal taxes if elected. Here’s what their proposals would mean for you. Obama McCain If you make... you'd save...you'd save... less than $19,000 $567 $21 $19,000-$37,600 $892 $118 $37,600-$66,400 $1118 $325 $66,400-$111,600 $1264 $994 $111,600-$161,000 $2135 $2584 $161,000-$227,000 $2796 $4437 If you're in the top 5% of earners... you'd pay an extra... you'd save... $227,000-$603,400 $121 $8159 $603,400-$2.87 million $93,709 $48,862 more than $2.87 million $542,882 $290,708 *Source: Tax Policy Center. Numbers have been rounded. For complete details, go to TaxPolicyCenter.org. If your annual salary is less than $112,000, you’d pay less in taxes under Obama’s plan; if your salary is higher, McCain would cut your taxes more. “While the aggregate tax cut is bigger for McCain, a larger number of voters get more money under Obama,” says Alan Viard, a tax-policy expert at the conservative American Enterprise Institute. “Obama is choosing to emphasize tax cuts for the middle class, whereas McCain’s strategy is to keep rates lower at the top as a way to facilitate long-run growth.” For example, a person with an income of $1 million could see his taxes increase under Obama by as much as $94,000, whereas under McCain’s plan he could save about $48,000. — Rebecca Davis O'Brien http://www.parade.com/news/intelligence-report/archive/how-much-would-you-pay-taxes.html From the Parade magazine article cited earlier:
How Much Would You Pay in Taxes?
Sens. Barack Obama and John McCain both say they’ll cut federal taxes if elected. Here’s what their proposals would mean for you.

Obama McCain
If you make… you’d save…you’d save…
less than $19,000 $567 $21
$19,000-$37,600 $892 $118
$37,600-$66,400 $1118 $325
$66,400-$111,600 $1264 $994
$111,600-$161,000 $2135 $2584
$161,000-$227,000 $2796 $4437

If you’re in the top 5% of earners…
you’d pay an extra… you’d save…
$227,000-$603,400 $121 $8159
$603,400-$2.87 million $93,709 $48,862
more than $2.87 million $542,882 $290,708

*Source: Tax Policy Center. Numbers have been rounded. For complete details, go to TaxPolicyCenter.org.

If your annual salary is less than $112,000, you’d pay less in taxes under Obama’s plan; if your salary is higher, McCain would cut your taxes more. “While the aggregate tax cut is bigger for McCain, a larger number of voters get more money under Obama,” says Alan Viard, a tax-policy expert at the conservative American Enterprise Institute. “Obama is choosing to emphasize tax cuts for the middle class, whereas McCain’s strategy is to keep rates lower at the top as a way to facilitate long-run growth.” For example, a person with an income of $1 million could see his taxes increase under Obama by as much as $94,000, whereas under McCain’s plan he could save about $48,000.

— Rebecca Davis O’Brien
http://www.parade.com/news/intelligence-report/archive/how-much-would-you-pay-taxes.html

]]> By: MrSquirrel http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/comment-page-1/#comment-5280884 MrSquirrel Mon, 13 Oct 2008 13:47:05 +0000 http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/#comment-5280884 Politico tries to be the credible arm of the misinformation machinery by dancing much closer to the truth than Rush or BillO, instead using subtlety to drive their bias. Of course, they too have to face the facts eventually that the McCain message is an almost abject failure, and is failing to resonate with concerned, thinking people. Politico tries to be the credible arm of the misinformation machinery by dancing much closer to the truth than Rush or BillO, instead using subtlety to drive their bias.

Of course, they too have to face the facts eventually that the McCain message is an almost abject failure, and is failing to resonate with concerned, thinking people.

]]> By: barfly http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/comment-page-1/#comment-5280842 barfly Mon, 13 Oct 2008 12:22:51 +0000 http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/#comment-5280842 Congrats to Mr. Krugman. He deserved it. Congrats to Mr. Krugman. He deserved it.

]]> By: 00mpp00 http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/comment-page-1/#comment-5280832 00mpp00 Mon, 13 Oct 2008 11:59:19 +0000 http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/#comment-5280832 How ironic given that McCain has now scrapped his plan for any tax cuts... http://www.sunstateactivist.org/ssablog/ How ironic given that McCain has now scrapped his plan for any tax cuts…

http://www.sunstateactivist.org/ssablog/

]]> By: Dumb_Hussein_Fox http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/comment-page-1/#comment-5280830 Dumb_Hussein_Fox Mon, 13 Oct 2008 11:31:29 +0000 http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/#comment-5280830 Morning, Dr Matt. Very good point re. Billo, and he surely won't be the only wingnut to lose it. Morning, Dr Matt.

Very good point re. Billo, and he surely won’t be the only wingnut to lose it.

]]> By: Dumb_Hussein_Fox http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/comment-page-1/#comment-5280826 Dumb_Hussein_Fox Mon, 13 Oct 2008 11:17:16 +0000 http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/#comment-5280826 OT... Krugman just won the Nobel prize for economics. 2008 might just turn out to be a year for the good guys. OT…

Krugman just won the Nobel prize for economics.

2008 might just turn out to be a year for the good guys.

]]> By: Game of Life http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/comment-page-1/#comment-5280804 Game of Life Mon, 13 Oct 2008 06:59:03 +0000 http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/#comment-5280804 <em>Doc Rock Says: Politico has lost credibility faster even than TPM did during the primaries!</em> What happened? Doc Rock Says:

Politico has lost credibility faster even than TPM did during the primaries!

What happened?

]]> By: Game of Life http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/comment-page-1/#comment-5280802 Game of Life Mon, 13 Oct 2008 06:50:44 +0000 http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/#comment-5280802 <em>Keith Says: About ten years ago, it was true that the median American did not own a single share of stock. And there is no capital gains tax on your IRA. Ross Perot said he had over $2 billion, had income of over $200 million per year, and paid 7.5% federal tax on that $200 million. Much was in tax-free bonds.</em> The rich should pay a much higher rate of taxes because they enjoy the best benefits the US has to offer. Keith Says:

About ten years ago, it was true that the median American did not own a single share of stock. And there is no capital gains tax on your IRA.

Ross Perot said he had over $2 billion, had income of over $200 million per year, and paid 7.5% federal tax on that $200 million. Much was in tax-free bonds.

The rich should pay a much higher rate of taxes because they enjoy the best benefits the US has to offer.

]]> By: Game of Life http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/comment-page-1/#comment-5280800 Game of Life Mon, 13 Oct 2008 06:37:07 +0000 http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/#comment-5280800 UPDATE SECTIION; bounds is an idiot. He couldn't remember mcchimpy's soupy proposal either his nonsense babble proved that. It is best for mcchimpy to shut the hell up and bounds too. <a href="http://news.yahoo.com/s/ap/20081012/ap_on_el_pr/mccain_economy" rel="nofollow"><em>McCain vows to whip Obama's 'you know what'</em></a> his black ass? There mcchimpy goes the abusive words... bloody, whip, kill plain used such words also. UPDATE SECTIION; bounds is an idiot. He couldn’t remember mcchimpy’s soupy proposal either his nonsense babble proved that. It is best for mcchimpy to shut the hell up and bounds too.

McCain vows to whip Obama’s ‘you know what’

his black ass?

There mcchimpy goes the abusive words… bloody, whip, kill
plain used such words also.

]]> By: Keith http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/comment-page-1/#comment-5280792 Keith Mon, 13 Oct 2008 06:20:27 +0000 http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/#comment-5280792 About ten years ago, it was true that the median American did not own a single share of stock. And there is no capital gains tax on your IRA. Ross Perot said he had over $2 billion, had income of over $200 million per year, and paid 7.5% federal tax on that $200 million. Much was in tax-free bonds. About ten years ago, it was true that the median American did not own a single share of stock. And there is no capital gains tax on your IRA.

Ross Perot said he had over $2 billion, had income of over $200 million per year, and paid 7.5% federal tax on that $200 million. Much was in tax-free bonds.

]]> By: christopher wiwi http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/comment-page-1/#comment-5280770 christopher wiwi Mon, 13 Oct 2008 05:21:00 +0000 http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/#comment-5280770 "Spokesman Tucker Bounds said: “We do not have any immediate plans to announce any policy proposals outside of the proposals that John McCain has announced, and the certain proposals that would result as economic news continues to come our way.” The Times notes this as "signs of internal confusion" from the campaign..... Mcwars and co are just out of touch with the 75 percent of us who think Bushco is doing a lousy job and their 25percent who think other wise due to their BLINDERS that they wear. “Spokesman Tucker Bounds said: “We do not have any immediate plans to announce any policy proposals outside of the proposals that John McCain has announced, and the certain proposals that would result as economic news continues to come our way.” The Times notes this as “signs of internal confusion” from the campaign….. Mcwars and co are just out of touch with the 75 percent of us who think Bushco is doing a lousy job and their 25percent who think other wise due to their BLINDERS that they wear.

]]> By: vat694848 http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/comment-page-1/#comment-5280764 vat694848 Mon, 13 Oct 2008 05:04:29 +0000 http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/#comment-5280764 Thanks Calvin for a link on the hush right-wing pop-political "POLITICO". After Sen. Obama wins the election by a landslide the crackerjack reporters can focus there talents on weather Miss. Spears is wearing underwear?, or if Miss. Lowan will marry her girlfriend? Thanks Calvin for a link on the hush right-wing pop-political “POLITICO”. After Sen. Obama wins the election by a landslide the crackerjack reporters can focus there talents on weather Miss. Spears is wearing underwear?, or if Miss. Lowan will marry her girlfriend?

]]> By: Scalcar http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/comment-page-1/#comment-5280756 Scalcar Mon, 13 Oct 2008 04:51:32 +0000 http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/#comment-5280756 Using CNN's electoral projection map, I figured that to WIN, McCain would have to get ALL the swing states. As long as Barack just gets ONE swing state, He wins the whitehouse. (so long as that one isn't nevada, because that would tie) If McCain wins in November, I would HIGHLY suspect a fixed election like Florida 2000. Using CNN’s electoral projection map, I figured that to WIN, McCain would have to get ALL the swing states.

As long as Barack just gets ONE swing state, He wins the whitehouse. (so long as that one isn’t nevada, because that would tie)

If McCain wins in November, I would HIGHLY suspect a fixed election like Florida 2000.

]]> By: Game of Life http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/comment-page-1/#comment-5280754 Game of Life Mon, 13 Oct 2008 04:29:13 +0000 http://thinkprogress.org/2008/10/12/politico-cap-gains-dividends-2/#comment-5280754 Since when is $250K/yr middle class? Since when is $250K/yr middle class?

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