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Thread: Presidential debate is on now.

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    Default Re: Presidential debate is on now.

    Across the board tax cuts + Increased funding for the war = More debt to China.
    For every story told that divides us, I believe there are a thousand untold that unite us.

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    Default Re: Presidential debate is on now.

    I was just reading an article on the tax increase.. it woul dincrease from 36% to 39%.. to put that into numbers, simply.. If you made 250,000 a year, then you are currently getting taxed $90,000.. With the increase, you are getting taxed $97,500.. This clearly is nothing to "sneeze" at, but when you divide that by 12 months you get $625 more taxes a month, and considering most people are paid bi-weekly, that would be $312 more taxes every paycheck.. But keep in mind if you're making $250,000 a year, your paycheck every two weeks is $9,615 before taxes..

    Obama states that this is mainly the top 5% of citizens that the tax will effect, meaning 95% of us will not have taxes increased, and will hopefully see a break.. That extra $312 every two weeks that this tax bracket is getting taxed, could be close to what people ACTUALLY make in two weeks (most people will make slightly more).. but it is clearly a bigger positive for these people, than a negative for the people getting taxed.

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    Default Re: Presidential debate is on now.

    Quote Originally Posted by killersheep View Post
    Across the board tax cuts + Increased funding for the war = More debt to China.
    Agreed.

    Its funny how people who wave the flag the most complain the most about paying taxes, actually doing something to help the country.

    On a totally trivial note, McCain is a creepy old dude. I wonder if his advisers tell him to cut down on the creepy stare.

    Another Obama win according to pretty much everybody, not that it really matters, he just needed to not lose decisively. It's easy to be cynical about this country but I have faith that there's no way this country could reward the Republicans for doing everything they could to completely screw things up.

    Hopefully. If you think about its amazing that the party hasn't been completely discredited, but oh well.

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