Quote Originally Posted by allrollsin21
How is that you can make a statement along the lines of, "Yes it does bother me.. that 5% helps to employ the other 95%. End of Story"


thats not the end of story. Restaurants which you reference as going to be one of the harder hit, will do just as well if their patrons have more money to spend. We have watched the trickle down theory FAIL MISERABLY, its time for some TRICKLE UP!

The tone in this thread is almost unbearable. Insinuations being flung about "questionable" replies, and total post counts....

Get a grip. I understand it is going to be a hard and long 18 days...its always difficult waiting for change, when it is not quite ready to happen for another little while.
I notice your thread is particularly aimed at me yet I am the only person currently in the dialogue arguing my point.

FYI; under Obama's tax plan people making between 19k and 67k in Obama's tax plan will get about $567 and $1042 respectively.. Divide this by your number of pay periods. Which I get paid weekly so that's 52..

567/52 = $11/week
1042/52 = $20/week.

Which is $40/$80 a month on the low/high end.

Do you honestly think that extra $40/80 is going to help people go to resturants more and leave bigger tips? Probably not; they will go out probably at the same frequency they currently do.. and leave the same amount of money they currently do.

The truth is that cutting taxes for the working class does not reap as great a benefit as cutting taxes for businesses.. who can lower costs of products.. who can choose how to distribute the extra income they get; which may include hiring an extra hand.

On the opposite end of the spectrum it could result in a job being lost. So do you want more money in your pocket or risk the chance of being one of the people who are likely, when taxes are raised on businesses, to lose their job.

shrug.. making 19k/year is better than making 0k a year even if I pay a little more in taxes.

Fact is that both plans offer tax cuts; which are cuts that Bush implemented and regardless of what either candidate says.. are being expanded upon or altered.

It's also interesting to note that McCain, Obama, and Clinton all opposed the Bush tax cuts and now are trying to expand upon them during the election year.

As Candidates Warm to Bush Tax Cuts, Economists Warn of Long-Term Effect - washingtonpost.com

so instead of everyone jumping down my throat why don't we look at this for what it is.. We are paying less taxes, even in the working class, than under Bill Clinton's administration. Why is everyone so up in arms against McCain who would want to further lower the income tax on businesses. We are already paying lower taxes than we did 16 years ago and they will go down even further regardless of which candidate wins the office.


The Tax Foundation - Comparing Income Taxes under Bill Clinton and George Bush

It's not like the working class has been footing a higher bill; it's the contrary, we're paying less than ever.