Posted by: Captain Haddock June 3, 2008
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Latoboy
As if Clinton doesn't - she too has talked about raising the capital gains tax to where it was under her husband - close to 25 or 30% if I recall correctly. Obama has talked about raising the payroll cap but he plans to waive certain taxes on those making less than 55K.
Both Democrats and Republicans want to tax you but differ on who should bear the heaviest burden in my opinion. The Democrats would rather shift the burden to higher income people and the Republicans to lower income ones both in the name of "fairness". Democrats maybe accused of being tax and spend liberals but the Republicans have proved themselves to be borrow and spend conservatives which I think is far worse. McCain is the most reckless of the three candidates on fiscal discipline as he seems to want to continue borrow from China and Japan to spend on Iraq and pass on the debt onto future generations.
Just my thoughts.
As if Clinton doesn't - she too has talked about raising the capital gains tax to where it was under her husband - close to 25 or 30% if I recall correctly. Obama has talked about raising the payroll cap but he plans to waive certain taxes on those making less than 55K.
Both Democrats and Republicans want to tax you but differ on who should bear the heaviest burden in my opinion. The Democrats would rather shift the burden to higher income people and the Republicans to lower income ones both in the name of "fairness". Democrats maybe accused of being tax and spend liberals but the Republicans have proved themselves to be borrow and spend conservatives which I think is far worse. McCain is the most reckless of the three candidates on fiscal discipline as he seems to want to continue borrow from China and Japan to spend on Iraq and pass on the debt onto future generations.
Just my thoughts.