Sep 17 2008
Stop Saying Obama Will Raise Your Taxes
According to The Washington Post, Obama’s plan to reduce taxes for 95% of Americans is more than just a good speech . The analysis, conducted by the Tax Policy Center , reveals that while both candidates’ plans would reduce taxes for the majority of Americans, Obama’s plan would give greater tax cuts to citizens making less than $111,645 and heavily tax Americans making more than $603,403 (1.1% of the nation). Meanwhile, GI John’s plan would cut taxes for everyone, with the biggest cuts going to whoever has the highest income.
Now, I’m no economist, but I do have a Bachelor’s degree in English. And in my professional opinion, the only people making more than 2.87 million dollars a year are Scrooge McDuck and Cindy McCain. Staunch supporters of McSame are claiming that his plan is better for all Americans, and that by reducing taxes for the super-wealthy, these effects will “trickle down” to the peasants. Because the rich love to pass on their savings to those less fortunate.
Let’s be honest. I’m not going to lose any sleep if John McBush would have to sell one of his houses under the Obama plan. Millions of Americans are born in the most financially unstable conditions while a privledged few are born with what we English graduates call “silver spoons in their mouths.”
I consider myself privledged to have been able to attend college and have health insurance without having to worry about financial constraints. I see my friends struggling with multiple jobs just to pay off their gas-guzzling cars and I realize just how lucky I am. Even if Obama’s tax proposal would raise my own taxes (which some experts are warning), I would gladly contribute to a government that made transportation, education, and health care more affordable for the less fortunate. I would be more than willing to put my country, or rather, my “countrymen,” first before trusting Exxon and Wal-Mart to do so for me.
Stumble It!
