The Other Side

soupsoup:

seagull:

His reason for not wanting to vote for Obama is simple: he doesn’t want his taxes to raise. John works extremely hard for his money. He poured himself into his work during his 20s, working 80-hour weeks and forgoing a social life so he could retire early. And, according to John, Obama would take that money away and put it into the hands of people who sit on their couches all day.

Obama wants to take the tax burden away from the middle class and place it on folks making $600,000 or more. I think thats a pretty solid idea, considering the middle class is the backbone of our country and the top 2% of all Americans hold most of the wealth.

Taking the tax burden off the middle class and placing it exclusively on the shoulders of those who earn more than $600,000 is a shitty idea.  It’s a shitty idea because it significantly reduces incentives for personal success — incentives that drive our economy forward.  The American Dream and all that.

Thankfully, Obama’s tax policy is much better thought out than all that.  

Cite Arrow reblogged from soupsoup
22 notes | | Sep 8, 2008
  1. saitamazihen reblogged this from bowfolk
  2. soupsoup reblogged this from mikehudack and added:
    Ok, this is my fault for not being...clear. Obama isn’t completely taking
  3. 3rdworldgirl reblogged this from soupsoup and added:
    I think that people tend to forget that the average American makes about $48k a year. That’s average, which means that...
  4. evandenlinger reblogged this from soupsoup and added:
    Are people morons? How is that a good idea? If YOU were making 600k+ a year would you think that was fair? Flat tax...
  5. erikonymous reblogged this from soupsoup and added:
    “Incentives that drive our economy forward”? Like it’s been driving forward for the past eight years? The notion that we...
  6. mikehudack reblogged this from soupsoup and added:
    This does happen. Several of the European low countries feature much less personal ambition because of their overly...
  7. shorterexcerpts reblogged this from soupsoup and added:
    And let me add (and I’ll repeat this probably until my fingers bleed over the next 60 days) wages for all but the top...
  8. soupsoup reblogged this from mikehudack and added:
    Yes, because people will stop trying...they’re going to pay more taxes.
  9. gotdatkevinnealon reblogged this from mikehudack and added:
    i’m calling bullshit on that. who opts to make less money because it means paying less in taxes? are people waking up in...
  10. mikehudack reblogged this from soupsoup and added:
    Taking the tax burden off the middle class and placing it exclusively on the shoulders of those who earn more than...