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Re: Re: Blogger , Read Thyself
Math is math. Paying less in taxes over all is paying less over all. You can call it anything you like. After all, many of Bush's tax cuts were really tax credits. And McCain's. And Reagan's.
posted by
mousehop
on October 23, 2008 at 6:02 PM
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I pay too much in UK Income tax
and the government pays too little attention to me.
posted by
malcolm
on October 23, 2008 at 10:10 AM
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Re: Blogger , Read Thyself
"Obama will cut taxes by giving refundable tax credits to workers to reimburse part of what they pay as payroll taxes." maybe you should take your own advice? refundable tax credits are NOT cuts. A cut is this: You paid 23%, now you pay 21%. THAT is a cut.
posted by
FineYoungSinger
on October 23, 2008 at 8:32 AM
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Blogger , Read Thyself
You should take your own advice, and take a class in economics. Or simply basic math. Obama will cut taxes by giving refundable tax credits to workers to reimburse part of what they pay as payroll taxes. It will not take a dime from Social Security or Medicare, but will decrease revenues into the general fund.
Now, personally, I don't think it's a great idea, what with record deficits, but it's really a simple concept. Yet I've had to explain it three times on Blogit so far. I have a suspicion all you self-styled conservatives really know how this works, but choose to present political propaganda to advance some poorly-hidden agenda.
posted by
mousehop
on October 22, 2008 at 5:05 PM
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WOL
I heard him say cut taxes on 95% of the people then he was caught on it. Then he 95% of the working families and then again last night he was saying it again cut taxes on 95% of the people. Such junk never has been believed before in our total history.
posted by
Justi
on October 22, 2008 at 2:17 PM
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dude, read his plan.
He says repeatedly that he's not going to "cut taxes"...He's going to give credits and estimated net tax reductions resulting from the increase on 2% of Americans.
posted by
FineYoungSinger
on October 22, 2008 at 5:55 AM
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