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Thread: Capitalism

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  1. #1
    El Kabong Guest

    Default Re: Capitalism

    Quote Originally Posted by Kirkland Laing View Post
    Most of them are there protesting about tax increases when they just got a tax cut. The money Obama increased spending by is only to counteract the cratering of the economy caused by the policies of the last eight years. He's reacting to the biggest financial disaster for nearly a century and things would be a great deal worse if he hadn't reacted. If McCain had won the election he would have done pretty much the same thing, except we wouldn't have seen any of those teabaggers out protesting.
    Well with the Bush Tax cuts ending soon and Obama wanting to pass things like Cap and Trade, I don't think he's going to make life cheaper for many.....a tax cut for 95% is ridiculous anyway when nowhere close to 95% of Americans pay income taxes.

    And man am I flattered, did you just copy me Awww, that's sweet...see you can be humble, honestly it suits you

  2. #2
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    Default Re: Capitalism

    Quote Originally Posted by Lyle View Post
    Quote Originally Posted by Kirkland Laing View Post
    Most of them are there protesting about tax increases when they just got a tax cut. The money Obama increased spending by is only to counteract the cratering of the economy caused by the policies of the last eight years. He's reacting to the biggest financial disaster for nearly a century and things would be a great deal worse if he hadn't reacted. If McCain had won the election he would have done pretty much the same thing, except we wouldn't have seen any of those teabaggers out protesting.
    Well with the Bush Tax cuts ending soon and Obama wanting to pass things like Cap and Trade, I don't think he's going to make life cheaper for many.....a tax cut for 95% is ridiculous anyway when nowhere close to 95% of Americans pay income taxes.

    And man am I flattered, did you just copy me Awww, that's sweet...see you can be humble, honestly it suits you
    The repeal of the Bush tax cuts will only raise taxes on the top 1% of earners. The bottom 95%, the people who were out teabagging last week, will all be better off under Obama. Obama isn't giving 95% of Americans an income tax cut, he's giving them a tax cut.

    And I don't understand your last point.

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