I say racism is dead!

[phreakwars]

No people who pay no taxes at all will get extra money in their welfare checks.

Prove me wrong.

Huh?

 

Not understanding the rebuttal, please rephrase.

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[wez]

No people who pay no taxes at all will get extra money in their welfare checks.

Prove me wrong.

 

Yeah.. I'm sure your social security check will go up once you hit 65..

[Anna Perenna]

No people who pay no taxes at all will get extra money in their welfare checks.

Prove me wrong.

 

Obama mentions protecting social security and eliminating income tax for seniors earning less than $50,000 but I couldn't find anything about extra money for unemployed welfare recipients on the website or in here:

 

http://www.barackobama.com/pdf/taxes/Factsheet_Tax_Plan_FINAL.pdf

[wez]

We must secure the future for children by making people on social security soilent green. - The 15 words

[ImWithStupid]

No people who pay no taxes at all will get extra money in their welfare checks.

Prove me wrong.

 

What Snaf is saying is under Obama's plan, the 40% of Americans who pay nothing at all will get a refundable tax credit. The main point here is the word, "refundable". Usually a tax credit means you can take that off of what you "owe" to the Federal government. When you put the word "refundable" on it, that means that, even if you don't owe one cent in taxes, you get a check back. That's were the "welfare" reference comes in.

 

I can say that I have never, in my life, got more back from the Federal government, more than I've paid in. When I was in High School and working, I got back all I paid, because I didn't earn enough, but never, even with the "stimulus check" given out this year, it was still quite a bit less than I paid in.

 

Giving money back to people who pay nothing is what is known as charity in the private sector, and welfare when it is given by the government.

 

Obviously the Dems and Obama won't call it welfare, but that's what it is.

[Anna Perenna]

FactCheck.org: Obama's "Welfare"

[ImWithStupid]

Obama mentions protecting social security and eliminating income tax for seniors earning less than $50,000 but I couldn't find anything about extra money for unemployed welfare recipients on the website or in here:

 

http://www.barackobama.com/pdf/taxes/Factsheet_Tax_Plan_FINAL.pdf

 

When Obama mentions protecting social security, and eliminating the tax on seniors earning less than $50,000 he leaves out that first off, very few seniors making less than that, pay taxes now. Second he fails to talk about the plan the Dems have in commitee that would seize the American citezen's PRIVATE 401k accounts and put them in a system like social security.

 

Obama, Dems Seek to End 401(k) Plans

By Mark Impomeni

Oct 24th 2008 9:00AM

 

Sen. Barack Obama's Democratic allies in Congress are looking into a radical new plan that would fundamentally change the way Americans save for retirement. House Democrats recently heard testimony on the idea and, under a potential Obama administration, would likely move to put it in place. Democrats want to seize the money that workers currently invest in their 401(k) plans and replace the popular retirement savings accounts with a one-size-fits-all government sponsored retirement account. Under the scheme, Americans would be forced to transfer all of their hard earned retirement savings from their 401(k) to the government.

 

The government would contribute $600 a year to fund each account and would pay a rate of return of around three percent in interest. The government would also mandate that each worker contribute 5% of their yearly salary to the accounts. Under current law, workers with 401(k) plans contribute to their retirement accounts and earn interest tax free. The Democrats' plan would end those tax breaks, amounting to as much as a 15% tax hike on each American worker.

 

Obama, Dems Seek to End 401(k) Plans - Political Machine

[ImWithStupid]

FactCheck.org: Obama's "Welfare"

 

The difference is, McCain's tax credit for them is designated for healtcare, Obama's can go to anything, a flatscreen tv, a new couch, a Playstation 3, or Hell it could go to crack, pot, meth, beer or whatever the person wanted to buy with it.

 

I don't agree with the McCain healthcare tax credit either, but at least it has a designation. Not just money given to people for no other reason than having a heartbeat and existing. That is unless ACORN files the tax return, then they could be a Disney charachter, Marvel Comic book superhero or a dead person.

[phreakwars]

Mark Impomeni wrote that !!!!

Wow, you mean THE Mark Impomeni ?

Political Buzz Introducing Mark Impomeni

 

Just the politicaly UNBIASED opinion we need.

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[Anna Perenna]

He fails to talk about the plan the Dems have in commitee that would seize the American citizen's PRIVATE 401k accounts and put them in a system like social security.

 

Actually, he did mention that, on his website:

 

As part of a bipartisan plan that would be phased in over many years, they will ask those making over $250,000 to contribute a bit more to Social Security to keep it sound.

 

But there are no exact details about the plan, so I don't (as yet) believe the speculation provided in your link.

[Anna Perenna]

The difference is, McCain's tax credit for them is designated for healtcare, Obama's can go to anything, a flatscreen tv, a new couch, a Playstation 3, or Hell it could go to crack, pot, meth, beer or whatever the person wanted to buy with it.

 

I don't agree with the McCain healthcare tax credit either, but at least it has a designation. Not just money given to people for no other reason than having a heartbeat and existing. That is unless ACORN files the tax return, then they could be a Disney charachter, Marvel Comic book superhero or a dead person.

 

I was focused more on the fact that the article refutes the "people who are already paying no tax" point you and Snafu made.

 

I personally don't agree with either of the proposed tax credits, by the way. They both seem overly complicated and pointless.

[ImWithStupid]

 

But there are no exact details about the plan, so I don't (as yet) believe the speculation provided in your link.

 

It's still in comitee at this time and you must not have followed the other links or read the quote by the Dems involved...

 

Rep. Jim McDermott (D-WA) said recently that Democrats had better ideas for the $80 billion that Americans contribute to their 401(k) plans each year. "We have to start thinking about whether or not we want to continue to invest that $80 billion for a policy that's not doing what we say it should." Sen. Obama would likely sign on to the plan as president.

 

Would Obama, Dems Kill 401(k) Plans? - Capital Commerce (usnews.com)

 

Both articles are in AOL News and US News and World Report. Both being long time liberal publications. Why would they spin this?

[Anna Perenna]

It's still in comitee at this time and you must not have followed the other links or read the quote by the Dems involved...

 

Both articles are in AOL News and US News and World Report. Both being long time liberal publications. Why would they spin this?

 

Gah. Do.not.start.making.assumptions.about.me.

 

I did follow that link - to an opinion blog.

 

Obama has not shared the full details of the plan in document form yet, so, like I said, I am not going to pay attention to speculation until I can see the full details.

 

Is that okay?

 

[wez]

I must secure resources of bacon and eggs for breakfast by murdering my neighbor. ~ the 14 words

 

[wez]

We must secure proper bowel function with diets rich in fiber and drink water - the 14 words

 

 

 

[snafu]

Gah. Do.not.start.making.assumptions.about.me.

 

I did follow that link - to an opinion blog.

 

Obama has not shared the full details of the plan in document form yet, so, like I said, I am not going to pay attention to speculation until I can see the full details.

 

Is that okay?

 

 

The election is 5 days away. Obama should've disclosed his entire plan but hasn't. McCains is very simple. Everybody gets a $5000 health credit to buy the health care they chose. Obama wants the goverment to control the health care.

Every thing about Obama's plans include goverment control.

 

And yes as IWS said out of the 95% percent of the people that are supposed to get a tax releif 40% of them don't pay any taxes at all already. They would recieve a check!

Oh by the way Obama has now lowered the $250,000 tax braket down to $200,000. His buddy Biden stated it would be $150,000. Last year (2008) Obama voted to tax everybody that makes $40,000 or more a year.

Now you tell me if you can believe him!

[wez]

I think the government wants the government to control health care and everything else so career politicians like McCain, Obama and everyone else who depends on welfare in Washington D.C. can maintain their illusion of importance and power.

[phreakwars]

Wow, I had no idea his health care plan was gonna be forced on anybody...what control is it your talking about exactly?

 

If you like your current insurance keep it... that's control?

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[wez]

That tax relief crap is bullsh t.. After standard deductions, I paid no taxes last year, and got nothing. People do not get back what they don't pay in. I didn't get the "stimulus" check either.. I had no earned income. Just interest income..

 

 

If you're worried about "welfare".. look at the pr cks in suits and limo's strutting around the nations capital. As well as everyone on Social security.. or soon to be getting it, like yourself.

 

 

I'll be expecting you to turn down your social security checks snaf.. you know, I know, and the American people know the younger generations will pay, and will get nothing for it but slavery til they die on the floor of a sweatshop.

[snafu]

That tax relief crap is bullsh t.. After standard deductions, I paid no taxes last year, and got nothing. People do not get back what they don't pay in. I didn't get the "stimulus" check either.. I had no earned income. Just interest income..

 

 

If you're worried about "welfare".. look at the pr cks in suits and limo's strutting around the nations capital. As well as everyone on Social security.. or soon to be getting it, like yourself.

 

 

I'll be expecting you to turn down your social security checks snaf.. you know, I know, and the American people know the younger generations will pay, and will get nothing for it but slavery til they die on the floor of a sweatshop.

 

Hehe.. I won't be getting a SSN check. I've never put money into it. Now if I had I would expect my check seeings how that was how it was set up!!! BUT the goverment is spending it faster than they can count it.

[snafu]

Now if I sat on my fat ass for the last 30 years Obama would be giving me free money from you! Or who ever worked for it.

[wez]

Now if I sat on my fat ass for the last 30 years Obama would be giving me free money from you! Or who ever worked for it.

 

I don't believe that's true.. Besides, it's not like things are/have been great and we're all about to get screwed.. We've been getting f cked over since before any of us were born.. It's no one person, it's the nature of the beast.

 

McCain/Obama = Jack sh t. Illusions to appease, divide, and conquer.

 

Whoever "loses" will still be a rich, "powerful and important" government welfare case.. Something to think about..

[wez]

Hehe.. I won't be getting a SSN check. I've never put money into it. Now if I had I would expect my check seeings how that was how it was set up!!! BUT the goverment is spending it faster than they can count it.

 

How did you/do you avoid putting money into it?

[snafu]

I don't believe that's true.. Besides, it's not like things are/have been great and we're all about to get screwed.. We've been getting f cked over since before any of us were born.. It's no one person, it's the nature of the beast.

 

McCain/Obama = Jack sh t. Illusions to appease, divide, and conquer.

 

Whoever "loses" will still be a rich, "powerful and important" government welfare case.. Something to think about..

 

I can agree with that. But taxation is not the remedy. We saw that in the 40's during the deppression.

If McCain is true to his word he will cut taxes and cut goverment spending to compensate for the trillions we owe. He will stimulate our economy with not just these tax cuts but produce jobs by opening up drilling which again will help our economy by not spending 700 billion dollars to foreign oil nations.

[snafu]

McCain will cut the business taxes which will keep these buisness in America creating American jobs thus more stimulation to our economy.