Ideally we wouldn't be spending 1 trillion dollars ANYWHERE. We don't need wars and we don't need extended welfare programs......McCain provides the war, Obama provides the welfare.....at this juncture, i'll take the welfare over the war.
On Tue, Aug 19, 2008 at 8:18 AM, Tony <[EMAIL PROTECTED]> wrote: > id rather spend 1 trillion here on these people than 1 trillion > on a fucking war in iraq. > > what part of that doesnt make sense to you? seriously man, you are > a smart guy... but damn... > > -- tony > > Better than a thousand hollow words, is one word that brings peace. > -- siddhartha gautama > > > > On Tue, Aug 19, 2008 at 2:27 AM, Robert Munn <[EMAIL PROTECTED]> wrote: > > > http://online.wsj.com/article/SB121910303529751345.html?mod=googlenews_wsj > > > > Obama's Tax Plan > > Is Really a Welfare Plan > > By PETER FERRARA > > August 19, 2008; Page A17 > > > > Barack Obama's tax plan is the opposite of supply-side economics. He > > proposes to raise marginal rates for just about every federal tax. He > > also proposes a raft of tax credits that taxpayers can receive if they > > engage in various government-specified activities. > > > > Moreover, the tax credits would mostly go to those who pay little or > > nothing in federal income taxes. His trick is to make the tax credits > > "refundable." Thus, if the tax credit is for $1,000, but the taxpayer > > would otherwise only pay $200 in taxes, the government would write a > > check to the taxpayer for $800. If the taxpayer pays nothing in > > federal income taxes, the government would pay him the whole $1,000. > > > > Such credits are not tax cuts. Indeed, they should be called The New > > Tax Welfare. In effect, Mr. Obama is proposing to create or expand a > > slew of government spending programs that are disguised as tax > > credits. The spending on these programs is then subtracted from the > > total tax burden, in order to make the claim that his tax plan is a > > net tax cut overall. > > > > .... > > > > > > continued at wsj.com > > > > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;203748912;27390454;j Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:266134 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
