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CNN Crunches Obama and McCain Tax Plans

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CNN, June 12, 2008

Channel: News & Politics
Uploaded: November 30, 1999 at 12:00 am
Author: Veracifier

Length: 02:25
Rating: 4.70
Views: 83206

Tags: american  barack  cnn  election08  income  john  mccain  morning  obama  plan  policy  tax  taxes  

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mikeyooh7 (November 30, 1999 at 12:00 am)
As i said or vise verca the state is run by the banks therefore we dont live in a land of free men. But think about this when ron paul was running for president during the primaries he won most hand counts. However only got one out of 5 votes on the diebold machines. Diebold also makes atms for chase and bank of america. They also had large investments from these banks during the same timem 65 percent higher profits than usual. The true canidate of change may have been cheated out of the electio
gabe228 (November 30, 1999 at 12:00 am)
the States do not own the banks, they DO NOT OWN THE BANKS, if anything, its the other way around, what do you think government bonds are? The bail out was the ultimate socialist move, if you are so against socialism, then don't be bias against Obama, because both parties agreed to the bail out. If AMerica is a true captalist nation, the government should have just let all the banks/corporations brankrupt and not give them a cent.
mikeyooh7 (November 30, 1999 at 12:00 am)
When the state takes the capital from one group of people and gives it to another that is socialism. And there is hardly much "private property" any more. The banks own most of this "private property" and the state owns the central bank. Or the bank could own the state either way its still not owned by the individual. The government forces unionization of automakers, infact most production is regulated by the state. And most companies get loans from the banks to buy the means of production.
gabe228 (November 30, 1999 at 12:00 am)
it's not socialism.. you don't even know what socialism mean...his plan actually is no higher than Reagan or senior bush's administration for the upper bracket.And socialism includes many different aspects including absolute government control, and no PRIVATE PROPERTY, and all forms of production owned by states. Collective government ownership, etc.None of the socialist aspects are happening, you are just plain idiot. If you want to complain, the bail out was a pure socialist move.
sitsutam (November 30, 1999 at 12:00 am)
I wish they would have covered the business taxes as well, and people who make over 2.9 million, can afford a really good accountant (which they most likely already have) to pay less than 700k which they could afford anyway.
roaches146 (November 30, 1999 at 12:00 am)
0114770 people work just as hard in the lower class as the upper class. i'm actually surprised to see some of the wealthiest people sit on their ass doing nothing.
0114770 (November 30, 1999 at 12:00 am)
yer fucking dumb. so the people who work hard to get more money deserve to b taxed more?
PoppaHop6969 (November 30, 1999 at 12:00 am)
So called "journalists" are such morons these days they don't even bother to dig deeper to understand the impact that these tax rates are going to have on the economy and the budget. They chalk up the difference to "trying to level the playing field"? MORONS. Obama's tax plan is directly motivated by two things; his need to persuade voters and his obligation to finance his massive spending programs. Dont'cha think voters want to know about that CNN??? It's amazing what passes for news now.
thematfactor (November 30, 1999 at 12:00 am)
A need for intervention in markets has only been furthe demonstrated recently by the sub-prime mortgage crisis, caused by a lack of regulation. Oh, and when the republicans pledged to prop up banks with subsidies, was that socialism? By acknowledging that the "rising tide" does not lift all "boats" and that there is a need for market intervention (mixed market, everyone's doing it nowadays), does not make you a socialist. However, to say that Barack Obama is a socialist, does make you an idiot.
thematfactor (November 30, 1999 at 12:00 am)
By taxing people, and providing tax relief to people on lower incomes, (arguably those people who need it most), it's not socialism which would require a fundamental overhaul of the U.S. capitalist system, e.g. the nationalising of industries and resources. It's merely mixed market economics, providing desirable market outcomes i.e. more people have the ability to feed, clothe and shelter their families.
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