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Thread: Barack Obama's rich supporters fear his tax plans show he's a class warrior

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    Re: Barack Obama's rich supporters fear his tax plans show he's a class warrior

    Quote Originally Posted by jamesrage View Post
    A rich man voting for a socialist is like Gun Owners of America member or someone else who is actually pro-2nd amendment voting for anti-2nd amendment nut.
    Understood. But the Obama hype was/is so sweeping many voted on emotion and not logic. Now, they will pay.
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    Re: Barack Obama's rich supporters fear his tax plans show he's a class warrior

    Quote Originally Posted by Batman View Post
    Understood. But the Obama hype was/is so sweeping many voted on emotion and not logic. Now, they will pay.
    maybe they want to pay....
    going from 35% to almost 40% isn't going to kill the wealthy...
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    Re: Barack Obama's rich supporters fear his tax plans show he's a class warrior

    Quote Originally Posted by UtahBill View Post
    maybe they want to pay....
    going from 35% to almost 40% isn't going to kill the wealthy...

    Maybe so, but does the "rich" start at a certain figure and is that figure gross or net. I have the feeling that some of the "rich" may not be so rich after all.

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    Re: Barack Obama's rich supporters fear his tax plans show he's a class warrior

    I can tell you this scary tidbit, and I'd bet similar conversations are being had across the country.

    My company fortunately has been recession proof because of what we do specifically, so we haven't made staff reductions at all; in fact, we've hired some sharp people who were severed at other places.

    But we've had meetings already about who and how many we'll be severing once Obama's corporate tax structure goes into affect, depending on the level of impact.

    If he wants to see employment skyrocket, he need only raise corporate taxes. We'll adjust accordingly....with layoffs.

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    Re: Barack Obama's rich supporters fear his tax plans show he's a class warrior

    Quote Originally Posted by nerv14 View Post
    **** this scares me:

    "Mr Obama made no secret of his plans to raise taxes on the "working rich" (individuals earning more than $200,000) by imposing a top income tax rate of almost 40 per cent, and there is little surprise that those plans remain on track, even during the worst economic crisis since the Great Depression."

    Im all for Obama raising taxes on the rich AFTER the economy recovers, but a tax increase on the rich at this point would be completely suicidal.

    I thought I heard Obama say that he was going to hold off the tax increases on the rich because of the economy. Oh god I hope that he is sticking with what he alluded to a few months ago...
    And he should wait because, why? Because the rich employ people? I thought the con position was that it's a function of corporate taxation?

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    Re: Barack Obama's rich supporters fear his tax plans show he's a class warrior

    Quote Originally Posted by Batman View Post
    Not seriously. Obama was the most unvetted candidate to run for president.
    Not only is that nonsense but I challenge you to prove it.

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    Re: Barack Obama's rich supporters fear his tax plans show he's a class warrior

    Quote Originally Posted by Catman View Post
    Obama has proved he doesn't mind the Democrat rich not paying their taxes. It seems he wants to get rich Republicans to pay the freight.
    Really? He proved it? Well then it should be easy for you to prove it to us... ready... set... go!

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    Re: Barack Obama's rich supporters fear his tax plans show he's a class warrior

    Quote Originally Posted by jamesrage View Post
    A rich man voting for a socialist is like Gun Owners of America member or someone else who is actually pro-2nd amendment voting for anti-2nd amendment nut. I do not think they have any right to complain about tax increases when they knowingly vote for someone they know is a socialist. Socialist programs are not self funding,socialist do not believe in the concept that a man should keep the vast majority of what he earns, and socialist believe in stealing from others to give to those who didn't earn it. So why the **** should these people be shocked,surprised or even complain when a socialist increases their taxes?
    Obviously you are uninformed on what socialism is. Not that you really care anyway, you just want to mouth the FAUX NEWS mantra.

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    Re: Barack Obama's rich supporters fear his tax plans show he's a class warrior

    Quote Originally Posted by UtahBill View Post
    maybe they want to pay....
    going from 35% to almost 40% isn't going to kill the wealthy...
    And in fact wasn't it the rate during the Clinton years when the country saw it's greatest economic boom in more than 50 years? In fact when was the tax rate lower than it is today?

    The Tax Foundation - U.S. Federal Individual Income Tax Rates History, 1913-2009

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    Re: Barack Obama's rich supporters fear his tax plans show he's a class warrior

    Quote Originally Posted by Erod View Post
    I can tell you this scary tidbit, and I'd bet similar conversations are being had across the country.

    My company fortunately has been recession proof because of what we do specifically, so we haven't made staff reductions at all; in fact, we've hired some sharp people who were severed at other places.

    But we've had meetings already about who and how many we'll be severing once Obama's corporate tax structure goes into affect, depending on the level of impact.

    If he wants to see employment skyrocket, he need only raise corporate taxes. We'll adjust accordingly....with layoffs.
    Alright, so tell us what Obama's corporate tax structure will be when it goes into effect? I believe I read that the actual tax paid is somewhere around 2.X % and not the 35% on the books.

    How was the economy and tax rate when Eisenhower (republican) was in office?

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