I want to retire with dignity... but retiring on money that someone else earned doesn't seem very dignified to me... so how is social security supposed to help? It seems like ive heard of something like social security somewhere else... people working hard to earn money that will help support complete strangers... OH YEAH! That's COMMUNISM!
He is not raising taxes for people who make less than 70,000, the reason it is 79% is because most people earn less than 70,000,so of course the taxes are going to be reported by the majority of americans
Obama is for alleviating poverty in America and he only plans to raise taxes on people making over 75,000 dollars a year, which only a small percentage of Americans make over 75,000. This would not affect over a 100 million people, check your facts.
The capital gains tax is on capital gains period. No income level is exempt from the law.
In 2005, 47% of all tax returns reporting capital gains were from households with incomes below $50,000, and 79% came from households with incomes below $100,000. The total affected were 100 million Americans.
This was reported in The Wall Street Journal.
These are the facts which I CHECKED and you didn't. Also, Obamas Poverty Bill is not for America. Not one dime will go here.
Obama plans on raising the payroll tax on all Americans. He plans on raising the capital gains tax from 15% to 28%. 100 million Americans will be affected (they filed capital gains in 2007).Were talking about the middle class being hit hard with Tax increases. 845 billion dollars each year will go to Obama's "Global Poverty Act" that just passed in the Senate. You will be taxed for that too. None of this money will be used in America for poverty.The U.N. will be given the money and have control
you don't mind being taxed so that the USA can perpetuate a global military domination agenda though, making you and your children the targets of int'l terror...
I want to retire with dignity... but retiring on money that someone else earned doesn't seem very dignified to me... so how is social security supposed to help? It seems like ive heard of something like social security somewhere else... people working hard to earn money that will help support complete strangers... OH YEAH! That's COMMUNISM!
Jdiddy815 3 years ago
wow too bad he lost the state of indiana.
vicyt123 3 years ago
By the way the wall street journal is a republican magezine, everything is going to be skewed to their point of view
david11100 3 years ago
He is not raising taxes for people who make less than 70,000, the reason it is 79% is because most people earn less than 70,000,so of course the taxes are going to be reported by the majority of americans
david11100 3 years ago
Obama is for alleviating poverty in America and he only plans to raise taxes on people making over 75,000 dollars a year, which only a small percentage of Americans make over 75,000. This would not affect over a 100 million people, check your facts.
david11100 3 years ago
david11100
The capital gains tax is on capital gains period. No income level is exempt from the law.
In 2005, 47% of all tax returns reporting capital gains were from households with incomes below $50,000, and 79% came from households with incomes below $100,000. The total affected were 100 million Americans.
This was reported in The Wall Street Journal.
These are the facts which I CHECKED and you didn't. Also, Obamas Poverty Bill is not for America. Not one dime will go here.
in22525 3 years ago
Obama plans on raising the payroll tax on all Americans. He plans on raising the capital gains tax from 15% to 28%. 100 million Americans will be affected (they filed capital gains in 2007).Were talking about the middle class being hit hard with Tax increases. 845 billion dollars each year will go to Obama's "Global Poverty Act" that just passed in the Senate. You will be taxed for that too. None of this money will be used in America for poverty.The U.N. will be given the money and have control
in22525 3 years ago
you don't mind being taxed so that the USA can perpetuate a global military domination agenda though, making you and your children the targets of int'l terror...
uh, why not?
mtedora 3 years ago