Comments on: Joe the Plumber http://philiprobert.com/2008/10/17/joe-the-plumber/ Boofin' across America Mon, 30 Apr 2012 20:50:12 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Cousin Matt http://philiprobert.com/2008/10/17/joe-the-plumber/comment-page-1/#comment-351 Cousin Matt Mon, 03 Nov 2008 22:39:52 +0000 http://philiprobert.com/?p=242#comment-351 From the nonpartisan Committee for a Responsible Federal Budget http://www.usbudgetwatch.org/files/crfb/USBW%20Voter%20Guide%20Oct%2031.pdf Deficit Impact 2013 McCain Obama Tax Policy -$413B to -$481B -$354B Health Care -$43B to -$223B -$52B to -$106B Other +$227B to +$304B +$144B TOTAL -$229B to -$400B -$262B to -$316B Not much of a financial difference. You might argue that Obama + Dem congress would spend more than McCain + Dem congress, but history is against you -- you have to go all the way back to 1964 to find a Dem president + Dem congress spending more than Republicans. Ever since Nixon, Republicans have spent more than Democrats, borrowing the money rather than paying as you go with taxes. The worst was the recent Bush+Republican Congress, who broke all records for spending. From the nonpartisan Committee for a Responsible Federal Budget
http://www.usbudgetwatch.org/files/crfb/USBW%20Voter%20Guide%20Oct%2031.pdf
Deficit Impact 2013

McCain Obama
Tax Policy -$413B to -$481B -$354B
Health Care -$43B to -$223B -$52B to -$106B
Other +$227B to +$304B +$144B
TOTAL -$229B to -$400B -$262B to -$316B

Not much of a financial difference.

You might argue that Obama + Dem congress would spend more than McCain + Dem congress, but history is against you — you have to go all the way back to 1964 to find a Dem president + Dem congress spending more than Republicans. Ever since Nixon, Republicans have spent more than Democrats, borrowing the money rather than paying as you go with taxes. The worst was the recent Bush+Republican Congress, who broke all records for spending.

]]> By: Cousin Matt http://philiprobert.com/2008/10/17/joe-the-plumber/comment-page-1/#comment-350 Cousin Matt Mon, 03 Nov 2008 20:42:51 +0000 http://philiprobert.com/?p=242#comment-350 From the nonpartisan Committee for a Responsible Federal Budget http://www.usbudgetwatch.org/files/crfb/USBW%20Voter%20Guide%20Oct%2031.pdf Deficit Impact 2013 McCain Obama Tax Policy -$413B to -$481B -$354B Health Care -$43B to -$223B -$52B to -$106B Other +$227B to +$304B +$144B TOTAL -$229B to -$400B -$262B to -$316B Not much of a financial difference. They're both promising more than they plan to pay for. You might argue that Obama + Dem congress would spend more than McCain + Dem congress, but history is against you -- you have to go all the way back to 1964 to find a Dem president + Dem congress spending more than Republicans. Ever since Nixon, Republicans have spent more than Democrats, borrowing the money rather than paying as you go with taxes. The worst was the recent Bush+Republican Congress, who broke all records for spending. From the nonpartisan Committee for a Responsible Federal Budget
http://www.usbudgetwatch.org/files/crfb/USBW%20Voter%20Guide%20Oct%2031.pdf
Deficit Impact 2013

McCain Obama
Tax Policy -$413B to -$481B -$354B
Health Care -$43B to -$223B -$52B to -$106B
Other +$227B to +$304B +$144B
TOTAL -$229B to -$400B -$262B to -$316B

Not much of a financial difference. They’re both promising more than they plan to pay for.

You might argue that Obama + Dem congress would spend more than McCain + Dem congress, but history is against you — you have to go all the way back to 1964 to find a Dem president + Dem congress spending more than Republicans. Ever since Nixon, Republicans have spent more than Democrats, borrowing the money rather than paying as you go with taxes. The worst was the recent Bush+Republican Congress, who broke all records for spending.

]]> By: Sofia Esteves http://philiprobert.com/2008/10/17/joe-the-plumber/comment-page-1/#comment-337 Sofia Esteves Wed, 29 Oct 2008 19:03:55 +0000 http://philiprobert.com/?p=242#comment-337 Oh yeah, and you're with Palin, who told a third grader that the VP's job is to RUN the Senate? Right on - so CORRECT in her perception of her job! Read the Constitution, Sarah! Oh yeah, and you’re with Palin, who told a third grader that the VP’s job is to RUN the Senate? Right on – so CORRECT in her perception of her job! Read the Constitution, Sarah!

]]> By: Cousin Matt http://philiprobert.com/2008/10/17/joe-the-plumber/comment-page-1/#comment-315 Cousin Matt Tue, 21 Oct 2008 02:32:10 +0000 http://philiprobert.com/?p=242#comment-315 Wait a sec. Mr. Obama wants to cut Joe's taxes MORE than Mr. McCain wants to, thus putting more money into Joe's pockets so he can more easily fulfill the American Dream. And you've got a problem with that? What about Joe's boss? Well, the taxable income of this business is something like $100K/year. Again, Obama's plan cuts his taxes MORE than McCain does. Socialism! Suppose the business earns $280K/year after expenses. That puts the owner in the top 1% of the earners in the USA. Let's say he's married and filing jointly. Under Obama, his itemized deductions would actually increase slightly — he'd get $49,420 in itemized deductions, while under McCain he'd get $48,975. But his personal exemptions would increase slightly under McCain — he'd give him $6,911, whereas he'd only get $6,132 from Obama. That leaves his taxable income at $213,766 under Obama, $213,433 under McCain. Now we have to factor in the bracket cutoff, which for 2009 is $208,850. Anything below that figure for married couples filing jointly is taxed at the fourth tier, 28 percent. Any income above it, until you get up to near $400,000, is taxed at the fifth tier. And this is where Obama's evil socialistic plan comes in. As you can see, his taxable income is about $5,000 higher than the cutoff. McCain is going to tax that $5,000 at the current rate, which is 33 percent. But Obama's crazed plan calls for raising that rate to — get ready for it — 35 percent. And here's what this means. Under McCain, his total tax bill would be $48,254. Under Obama, it would be $48,511. That's a difference of $257. OH MAH GAWD! This plumber has to work an entire TWO hours more per year to pay for this! He won't be able to do it. He'll HAVE to sell the business to Joe! Moreover, the secret of Obama's plan is, his top tax rate is LOWER than that under Eisenhower, Nixon, and Reagan! The commie. Wait a sec. Mr. Obama wants to cut Joe’s taxes MORE than Mr. McCain wants to, thus putting more money into Joe’s pockets so he can more easily fulfill the American Dream. And you’ve got a problem with that?
What about Joe’s boss? Well, the taxable income of this business is something like $100K/year. Again, Obama’s plan cuts his taxes MORE than McCain does. Socialism!
Suppose the business earns $280K/year after expenses. That puts the owner in the top 1% of the earners in the USA. Let’s say he’s married and filing jointly. Under Obama, his itemized deductions would actually increase slightly — he’d get $49,420 in itemized deductions, while under McCain he’d get $48,975. But his personal exemptions would increase slightly under McCain — he’d give him $6,911, whereas he’d only get $6,132 from Obama.

That leaves his taxable income at $213,766 under Obama, $213,433 under McCain. Now we have to factor in the bracket cutoff, which for 2009 is $208,850. Anything below that figure for married couples filing jointly is taxed at the fourth tier, 28 percent. Any income above it, until you get up to near $400,000, is taxed at the fifth tier. And this is where Obama’s evil socialistic plan comes in.

As you can see, his taxable income is about $5,000 higher than the cutoff. McCain is going to tax that $5,000 at the current rate, which is 33 percent. But Obama’s crazed plan calls for raising that rate to — get ready for it — 35 percent.

And here’s what this means. Under McCain, his total tax bill would be $48,254. Under Obama, it would be $48,511.

That’s a difference of $257. OH MAH GAWD! This plumber has to work an entire TWO hours more per year to pay for this! He won’t be able to do it. He’ll HAVE to sell the business to Joe!

Moreover, the secret of Obama’s plan is, his top tax rate is LOWER than that under Eisenhower, Nixon, and Reagan!

The commie.

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