Comments on: What are the Presidential Candidates Saying About Future Taxes

By: az carpet cleaners

az carpet cleaners — Sun, 30 Aug 2009 14:22:26 +0000

Any claims that taxes will not rise is a bold face lie. The way Mr. Obama has been spending will only lead to eventual tax increases. Plus you will see valued programs (valued to me) going bye bye, like the space program. We will be bypassed on that by China and India, among others.

By: CD Rates

CD Rates — Wed, 22 Oct 2008 16:30:42 +0000

You had to jump into politics. :O)

Are those mask links affiliate? It would be fun to go as the opposite. I wonder if they can still ship in time.

Anyway, what you need to understand is Obama believes the Gov’t knows what to do with your money better than you do. I think the bail-out mess proves where that theory can go.

McCain believes you know what to do with your money better.

I don’t believe it is the Gov’ts role to redistribute wealth. If you want a certain level of income, go create it.

Are Tax cuts reasonable in this current environemnt, probably not. But neither are Tax increases. Big cuts need to be made and I’m sure there are plenty that can be found so that the budget could be balanced in 4 to 8 years and then see about cuts.

By: Arohan

Arohan — Wed, 22 Oct 2008 15:46:19 +0000

These numbers are correct but not complete. Here is an article that tells you what is missing from these numbers.

By: Shadox

Shadox — Wed, 22 Oct 2008 02:53:39 +0000

here is reality. This nation is in sooo much debt, and the Federal budget is in such a ludicrous deficit that it is completely irresponsible of any politician to talk of ANY tax cuts. The only responsible course of action is to increase taxes and cut programs. This budget MUST be balanced. Speding now at the expense of future generations is not only irresponsible it is immoral.

By: BlueCollarDollar.com

BlueCollarDollar.com — Wed, 22 Oct 2008 00:31:53 +0000

I believe the Dems have the incentive to do what they are promising and with Congress squarely in Obama’s corner, we will see it happen. But they will need to clean-up one enormous mess.

By: Mike Huang

Mike Huang — Tue, 21 Oct 2008 23:21:04 +0000

All candidates being voted for any type of position usually promises “OVER THE TOP” promises, but it never seems to work out if he/she gets chosen.

-Mike

By: Miranda

Miranda — Tue, 21 Oct 2008 16:36:04 +0000

Thank you for this excellent summary. Of course, it all depends on whether the plans go forward. It is worth pointing out that sometime (probably in my lifetime) taxes are likely going to have to be raised just to make the interest payments on the ridiculous amounts of debt that we owe.

By: Debt Reduction

Debt Reduction — Tue, 21 Oct 2008 16:10:32 +0000

These figures are correct, IF you believe these politicians will go forward with their respective plans. I ahve my doubts.