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xpyrofuryx 10/24/08 11:21:54 PM
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Novice Member
Joined: 7/11/06
I am a Computer technician. |
First off, hey everyone, I havent been on for a while, hope this place is still the intelligent debating forum its always been. Anyway, some background on me: I am 18 years old and and in my senior year at high school. I live in Reading, Pennsylvania (a popular Democratic state). I'm a computer technician right now and was just accepted into Penn State to major in Computer Science and Business. I plan to start my own business. I live with just my mom and we are middle-class (she earns about $60,000 a year i believe). You would probably look at me and think Democrat, but I look into things a lot and am very up-to-date on current events and the world. This is the opinion I have formed from everything I learned and I whole-heartedly believe in it. Taxes.This is a big one, this is probably the most important things about McCain versus Obama for me. In general McCains policy is tax breaks for everyone, wether smaller or bigger breaks depending on your income. In some areas it might rise but the most important is tax breaks for businesses, especially small businesses. Obama on the other hand is going the "Spread the wealth" way. He wants tax cuts for the middle-class and lower-class and tax raises on the high-class and especially businesses. He wants to raise the taxes on small businesses to 50.3% from its current 37.9%. This is absolutely poposturous. I cant even fathom how he could think about doing this. That means for every dollar a small business earns it can only keep 49cents, the government gets the rest. That is not right. Small businesses already have a very high fail rate, and in the economy now its even higher. Now to take away the profit these businesses make it will make a huge portion more fail, and countless less have to deal with it someway with cut-backs. These cut-backs are going to come prodominately by either laying people off or not hiring people they would hire had they had the extra money to do so. So in essense what Obama wants to do will result in job losses for many people. Now the basic principles will be the same for corporations except it will just be way more job losses rather than complete failings. So, there, more job loss. Obamas tax plan is going to cripple the businesses of America, which is as you know already with a crippled economy. The Economy is the businesses. Now the reason he wants to do this is so he can take that extra money and put it into government programs and such to help out the lower-class and middle-class. He argues that the high-class so so much money and that the lower classes dont have money and that the wealth should be distributed to help out the lower classes. The major flaw here is it represents higher class people wrongly. The high-class has been stereotyped as rich snobs that just sit on their money all day and laugh at poor people. This is not true. They dont not use the money they have. They use it to create businesses and invest in business to be created. These businesses create jobs. Where are these lower class people getting their money? from businesses, that are owned and most likely started by a rich person. To take the money away from them is to take away businesses and hence jobs. So no rich people = no businesses = no jobs = no money for anyone, even lower class people whom are meant to be the benefactors of this approach. Now also, im going to touch upon something some people will probably get mad for me bringing up. Socialism. Wether you want to admit it or not Obamas approach to this is Socialism. The idea of spreading the wealth from the rich to the poor to make it "fair" for everyone. As I pointed out it doesnt really work. Not only is it taking socialist ideas but its taking one of the two main parts. Socialsm can (in theory) work by doing the "spread the wealth" technique but if someone (the government) provides order and the jobs. He's taking the part where the poor people get money but without the part of having the jobs created. Also Capitalism runs on one main, very important idea. Incentive. This is so very necessary and the main engine behind Capitalism that makes it run. This is the main reason the U.S.S.R. failed along with communism. There is no incentive to create that new invention or start a business because it doesnt reward you. Why should I, a high school student, work hard to get good, grades, to get in a good college, and get a good GPA. and then work hard at work, when someone else who dropped out of high school, and is living off of welfare and unemployment checks is having a flow of money. Why should I work hard when I can just give up and live off of the government. Because if I succeed my money is just taken from my anyway to "Spread the wealth". My hard earned money is taken from me and given to someone who does not work hard at all. Again, if you get anything out of the above paragraphs please get this: Rich people create businesses and jobs for the middle and lower class. They are your source of money, they dont just sit on their money. To take it from them means they are unable to create businesses and jobs and therfor you cut off your own supply of money. This also will damage our economy, which is already hurting. This and incentives are not there when I can just freeload my life. Some more things I like about McCain are (I know your probably sick of hearing this word) he's a maverick. One of the main things when he gets into office is he is going through every single agency and government program and removing wasteful spending. This is going to cut back our budget a lot, which means higher tax cuts and a lower defecit. Education will improve with McCain because the infamous "No child left behind act" obviously isnt working. Its not that its really flawed, its just it was never funded properly. They left the money behind for no child left behind. McCain is really for getting this program funded and running properly. Energy is a big one with McCain/Palin. I personally believe nuclear, solar, and hydroelectric power are the keys to our energy crisis, and McCain supports all of these, especially nuclear greatly. And abviously we all have gas cars so we cant move off of them right away so we need cheaper oil and less foreign oil dependence. off-shore drilling will give a little relief to our wallets for gas.
So here are a few points I have for why McCain will be a great president and why there are many flawed views in Obamas way of presidency. You cant just take money from the rich and give to teh poor like in Robin Hood. Because they provide jobs and are the cogs in the economic machine.
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deviliscious 10/24/08 11:37:44 PM
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Apprentice Member
Joined: 11/09/07
"Adjusts ponytails and pulls the lollipop out of my mouth" |
This is reason enough to vote for McCain:
Though I do not agree with alot of what McCain says, to prevent this from happening every vote for McCain is a vote for american freedom. If the democrats had brought anyone to the the table that was not promoting socialism, they would have had alot more votes. |
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DailyBuzz 10/25/08 12:14:38 AM
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Hard Core Member
Joined: 9/25/07
If buying Marijuana supports terrorists, legalize it so we can buy American. |
Originally posted by xpyrofuryx I have to admit, I wasn't looking forward to reading your wall of text, but I goaded myself into searching for the method to your madness. I was incredibly pleased that you gave me a reason to stop reading so early on. Fact: Because the Obama plan preserves existing tax rates for families making less than $250,000 a year, nearly 99 % of small business owners won’t see any tax increase under the Obama plan. Instead, these small firms and business owners are likely to get a tax cut under the Obama plan, which eliminates capital gains taxes for small businesses, provides a new 50% tax credit for health care, and helps lower health care costs to make small businesses competitive. |
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| -------------------------------------- My Karma ran over your Dogma -------------------------------------- |
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deviliscious 10/25/08 12:18:32 AM
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Apprentice Member
Joined: 11/09/07
"Adjusts ponytails and pulls the lollipop out of my mouth" |
Originally posted by DailyBuzz I have to admit, I wasn't looking forward to reading your wall of text, but I goaded myself into searching for the method to your madness. I was incredibly pleased that you gave me a reason to stop reading so early on. Fact: Because the Obama plan preserves existing tax rates for families making less than $250,000 a year, nearly 99 % of small business owners won’t see any tax increase under the Obama plan. Instead, these small firms and business owners are likely to get a tax cut under the Obama plan, which eliminates capital gains taxes for small businesses, provides a new 50% tax credit for health care, and helps lower health care costs to make small businesses competitive.
LOL @ your 99.. not even close they have said it was more like 81. something percent wasnt the correct number. ANyhow what are the ratios on the number of businesses that actually have employees in that percentage? Oh yea they all get taxed, this includes businesses that are just self employed without employees. |
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qazyman 10/25/08 12:21:08 AM
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Gurista
Joined: 10/04/06 |
Originally posted by deviliscious "They sell us every thing from youth too religion the same time they sell us our war's" Political rhetoric rarely has anything in common with national realities To the OP way to go! The results of this election and the next four years will be the best test of you views. |
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Draenor 10/25/08 12:26:35 AM
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Elite Member
Joined: 5/16/03
[Insert Tool lyrics] |
Welcome back Pyro....glad to hear that you're making as informed a decision as one could hope a voter to make.
I'm putting together a computer right now...waiting for the power supply to arrive (the first was a dud) and then I'll just have to buy vista and I'll be set to go. |
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| There's something kinda sad about the way that things have come to be, desensitized to everything, what became of subtlety? |
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Cleffy 10/25/08 12:27:18 AM
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Elite Member
Joined: 5/09/04 |
Hate to break it to you, but Obama's proposals are impossible with his tax plan. You would need to literally double the income tax rate to cover his proposals. The only way is too cut, and even then he is afraid to cut from the wasteful spending. Saying we need a scalpel instead of a hatchet, when what you need with his is a bulldozer to get it within his tax plans proposal. This does not include the loss in GDP from increasing the Capital Gains Tax, and increasing the upper income bracket and business tax. Historically, it has been proven the case that the GDP suffers when the above is increased. I think this is really just an unravelling of his promises and with Obama we wouldn't be sure of what the outcome will be since his promises are impossible. On that fact. 80% of small business owners are independant contractors who don't employ anyone. I just wish there was a candidate who can win that was for a complete removal of income tax to be substituted with a 1% sales tax, and cut government spending down to necessity. |
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Faxxer 10/25/08 12:50:05 AM
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