Oh my goodlordy goddamn! Biden!!!

[charlie]

Although both the McCain and Obama tax reforms will increase the deficit by trillions over a decade, it's pretty clear who they want to woo and who is going to benefit from each.........

http://taxprof.typepad.com/taxprof_blog ... -your.html



Oh crap, there I go again with research and facts. Should probably just continue to fling insults.

Some people apparently still buy into the idea of trickle down economics.

[pigsteak]

And you think Obama has no special interests to pander to? You think the NAACP isn't salivating over this? You think Unions don't wet themselves over this?

Kipp that is stupid. Black president therefore a tool of the NAACP, ridiculous. This is a stupid reason to practice racism. A white president can be everyone's president, so can a black president.

Did you miss the NAACP president being interviewed an hour before Obama's speech? It spoke volumes. The interviewer asked him if Obama becoming president would make their special interest group irrelevant and outdated.

And why in the world does that become a racist comment when brought up? NAACP is a special interest group. So are Unions. And yes, the neo cons have their back pocket full of them too.

[Crankmas]

oh my God, obama got an education he is probably a snitch too- for sure clinton was the first black president based on hip-hop reasoning

[Crankmas]

McCain picks a woman for VP- the gov of Alaska Ms Palin- touche' - could this be a move for the a. remove the shadow of cheney/rumsfeld from the party-b. power grab for hilary's misguided and clueless supporters, just kidding c. the bitch likes to party!!

[tomdarch]

And you think Obama has no special interests to pander to? You think the NAACP isn't salivating over this? You think Unions don't wet themselves over this?

Kipp that is stupid. Black president therefore a tool of the NAACP, ridiculous. This is a stupid reason to practice racism. A white president can be everyone's president, so can a black president.

Did you miss the NAACP president being interviewed an hour before Obama's speech? It spoke volumes. The interviewer asked him if Obama becoming president would make their special interest group irrelevant and outdated.

And why in the world does that become a racist comment when brought up? NAACP is a special interest group. So are Unions. And yes, the neo cons have their back pocket full of them too.

I don't think it's racist, but it's silly to think that the NAACP has much influence over anyone, particularly Obama. Current membership ~300k, annual budget ~$27mil. As you point out - the change of generations is a big issue for the NAACP. I suspect that there's a lot of overlap between NAACP membership and AARP membership. So why did you say that "the NAACP [would be] salivating over this"?

[tomdarch]

Although both the McCain and Obama tax reforms will increase the deficit by trillions over a decade, it's pretty clear who they want to woo and who is going to benefit from each.........
(snip)
Some people apparently still buy into the idea of trickle down economics.

I'm not sure that Obama's plan adds up to "trillions" - from that chart, with an average income cut of $160 per household, and about 100m households, that's about a $16b reduction in annual revenue from income tax. McCain's average $1200 per household works out to $120b - closer to real money. More like 5% of the annual budget.

About the "trickle down" thing - you're absolutely right. McCain just about has to admit that himself. The recent data on the US economy has been better than expected, and that's being credited to the measly, one-time $600 "stimulus" checks. Seems to me that if something like 80% of households are getting something like $1000 more per year, that should provide some serious "bottom up" stimulus! It would be nice to be one of those "top 1%" folks and get tens or hundreds of thousands of dollars, but I don't sell yachts, Lamborghinis, blow or blowjobs, so I wouldn't be seeing any of that McCain money. I'll take my ~$1000 under Obama's plan, thanks.

[michaelarmand]

I love these threads. Obama's plan looks like income redistribution. It seems to be cutting taxes for those who don't even pay any! We all have to pay our share.

But regardless, McCain is our only hope to reduce spending....which is the real economic problem...

[Andrew]

Are you sure. I usually look at recent historical patterns.

[L Day]

The wild card here is what would actually happen to taxes and spending under McCain or Obama, not what is proposed as part of their respective platforms. And I'm betting we'd have lower taxes and lower spending under McCain and a Democrat controlled congress, than under Obama and a Democrat controlled congress.

[Andrew]

I actually think I agree.