I've been thinking about you. If you got time this weekend I'd love to get together...maybe Sat. afternoon or Sunday? I just wanna give you a hug is all.
You know, that's really cool - we're definitely in the lower-middle-class range that would benefit from Obama's tax cuts.
BUT - I noticed that if you select $50,000 per year, the difference between McCain and Obama with regards to tax cuts is negligible... and if you go above that, it stops saying anything at all about "you'll get this much more with Obama than with McCain". So while I definitely feel that Obama is going to help out the lower-middle-class, I still don't think it's doing that much for the middle class. 'Cause let's be realistic here - $50,000/year for a family of five is STILL middle class.
I'm curious to know your take on all that. Admittedly, I haven't done much research into it (because the tax cut/tax refund isn't my main reason for wanting to vote for Obama - I'd still vote for him even if he raised taxes). What do you think?
Yeah, I think the website is more aimed at negating the fear that Obama will raise EVERYONE'S taxes than at pointing up the differences between McCain and Obama's tax plans. It's trying to show that the old saw "liberals want to raise your taxes" isn't necessarily true. Unless you make over $200k a year.
Around here $50k a year for a family of five qualifies you for low income housing. So I know what you mean there. :)
I personally am not concerned about taxes either; I'd pay more if I thought they were going to go to health care for poor people rather than Iraq. I'm very much a "whatsoever you do for the least of these my brethren" person. (Matthew 25:40 in case that reference is obscure, sorry) I just wanted to put this out there because someone recently said to me "I'm voting for McCain because I don't want my taxes raised" and this was a person who definitely would not be paying more taxes under Obama. So I thought it could be useful for people who are worried about that.
Not sure if I answered your question... The other thing I think is that by raising taxes on the very richest 1%-5% of the population, the benefit to the overall economy (esp in terms of deficit) would be so much greater over time, perhaps we as a nation could afford to expand tax cuts to higher income brackets like $50k. But the economy is in the toilet so now is probably not the time. I think Obama is smart enough not to propose that now but I trust that his values are such that he'd want to when it was economically possible.
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timeasmymeasure
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Date: 2008-09-13 04:10 am (UTC)I've been thinking about you. If you got time this weekend I'd love to get together...maybe Sat. afternoon or Sunday? I just wanna give you a hug is all.
no subject
Date: 2008-09-13 02:23 pm (UTC)no subject
Date: 2008-09-13 05:24 am (UTC)no subject
Date: 2008-09-13 02:24 pm (UTC)no subject
Date: 2008-09-13 05:30 am (UTC)BUT - I noticed that if you select $50,000 per year, the difference between McCain and Obama with regards to tax cuts is negligible... and if you go above that, it stops saying anything at all about "you'll get this much more with Obama than with McCain". So while I definitely feel that Obama is going to help out the lower-middle-class, I still don't think it's doing that much for the middle class. 'Cause let's be realistic here - $50,000/year for a family of five is STILL middle class.
I'm curious to know your take on all that. Admittedly, I haven't done much research into it (because the tax cut/tax refund isn't my main reason for wanting to vote for Obama - I'd still vote for him even if he raised taxes). What do you think?
no subject
Date: 2008-09-13 02:22 pm (UTC)Around here $50k a year for a family of five qualifies you for low income housing. So I know what you mean there. :)
I personally am not concerned about taxes either; I'd pay more if I thought they were going to go to health care for poor people rather than Iraq. I'm very much a "whatsoever you do for the least of these my brethren" person. (Matthew 25:40 in case that reference is obscure, sorry) I just wanted to put this out there because someone recently said to me "I'm voting for McCain because I don't want my taxes raised" and this was a person who definitely would not be paying more taxes under Obama. So I thought it could be useful for people who are worried about that.
Not sure if I answered your question... The other thing I think is that by raising taxes on the very richest 1%-5% of the population, the benefit to the overall economy (esp in terms of deficit) would be so much greater over time, perhaps we as a nation could afford to expand tax cuts to higher income brackets like $50k. But the economy is in the toilet so now is probably not the time. I think Obama is smart enough not to propose that now but I trust that his values are such that he'd want to when it was economically possible.