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Date Posted: 06:05:46 10/29/08 Wed
Author: SB
Subject: A clarification...
In reply to: Hogarth 's message, "Regarding tax cuts....." on 05:25:04 10/29/08 Wed

and welcome 'Hogarth'! Obama's plan only relates to 'working families'. You have to be WORKING and yes you can make so little that you don't pay income taxes, HOWEVER, you always pay payroll taxes so it is not correct to say that they pay no taxes at all.

As usual the party of fear has stuck a label like 'welfare' on it unfairly.

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Replies:

[> [> Thanks for the warm welcome SB. I've posted here before but it's been awhile. -- Hogarth, 07:08:36 10/29/08 Wed [1]

The majority of the so-called payroll taxes is Social Security. Social Security is supposed to be a contribution: you put money in, you get money out. If you don't put Social Security money in, and someone else has to do it for you, it's welfare. Obama is proposing a change to that: he is proposing that what was formerly a contribute/receive retirement plan be made into an entitlement. You pay nothing, you still get benefits. That IS welfare.

But your statement doesn't address the topic of my post, which is that Obama's tax plan is meaningless once Congress decides what THEY want to do.


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[> [> [> I would agree.. -- SB, 08:23:27 10/29/08 Wed [1]

as I mentioned in a post previously, neither candidate can oppose it's will on their own. I do not think a filibuster-proof run Congress is the way to go, but the GOP only has itself to blame if the dems reach 60. It certainly is not only Democrats that are voting for Democrats at this point.

I don't remember your name....where are you from?


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