What Did Obama Actually Tell 'Joe the Plumber'?

re: What Did Obama Actually Tell 'Joe the Plumber'?

Democrat Struggling with the Math — Fri, 17 Oct 2008 20:01:23 GMT

Two things: first, I'm more concerned with the "spread the wealth" comment. Poor choice of words for a candidate who's only a hairsbreadth away from Socialism as it is.

Secondly, how do you lower taxes on 95% of Americans when roughly 30% don't pay taxes at all? (also according to a nonpartisan tax center)

re: What Did Obama Actually Tell 'Joe the Plumber'?

Hannah Tennant-Moore — Fri, 17 Oct 2008 16:59:26 GMT

Allison, Obama's tax plan will lower taxes for 95.5 percent of households with children, 81 percent of all Americans, and 95 percent of small businesses. (Those numbers are according to a nonpartisan tax policy center.) As for the actual numbers, Americans making between $227K-$603k a year would see an average increase of $12 on their tax bill! $12 is practically nothing. The only Americans whose taxes would increase substantially under Obama are those making $2.9 million a year.

McCain's tax policy is a continuation of Bush's tax policy, in which taxes would be lowered for the wealthiest corporations and individuals in America. If you support a tax policy that benefits the wealthiest Americans, that's your right. But let's be honest about the terms.

re: What Did Obama Actually Tell 'Joe the Plumber'?

Allison — Fri, 17 Oct 2008 16:19:38 GMT

Why wouldn't most Americans be up in arms? You said it yourself, he will raise taxes on small businesses. What "details" are supposed to make me comfortable with this? The last thing we need in this economy is to take more money from the small businesses that employ millions of people. Neither candidate should raise taxes on anyone, or any business; they need to cut spending in our bloated, earmark-chocked government. It sounds to me like McCain's plan comes closer to this.

re: What Did Obama Actually Tell 'Joe the Plumber'?

Mariecel — Fri, 17 Oct 2008 16:03:48 GMT

I wonder how Obama can make the details of his plan clearer, but in fewer words? All McCain has to say is "He's raising your taxes" and (it seems to me) most Americans are already up in arms. Why don't most people wait until they know the intimate details of a plan before they shoot it down?

re: What Did Obama Actually Tell 'Joe the Plumber'?

Hannah Tennant-Moore — Fri, 17 Oct 2008 14:00:40 GMT

Exactly. And these additional taxes would apply to only 5 percent of small businesses, since the vast majority of small businesses don't make more than 250k a year. Plus, Obama's policy would give Joe's business a tax credit for health care.

re: What Did Obama Actually Tell 'Joe the Plumber'?

KFly62 — Fri, 17 Oct 2008 13:49:24 GMT

I think Obama just said that the tax increase would only apply to the amount over 250K that you earned. So if you earned 275K, you'd be paying additional taxes only on the added 25K, and not the entire amount.