I thought it would be interesting to compare the goals and plans of the two candidates for the economy. Personally it’s one of my number one concerns and it’s important to me to know which candidate is going to do the right thing for the majority of the people in this country.I’m taking the info directly from the websites of the two candidates, so it can be examined side by side.
Obama:
Provide a Tax Cut for Working Families: Obama will restore fairness to the tax code and provide 150 million workers the tax relief they need. Obama will create a new “Making Work Pay” tax credit of up to $500 per person, or $1,000 per working family. The “Making Work Pay” tax credit will completely eliminate income taxes for 10 million Americans.McCain:
Keep Tax Rates Low: Entrepreneurs are at the heart of American innovation, growth and prosperity. Entrepreneurs create the ultimate job security - a new, better opportunity if your current job goes away. Entrepreneurs should not be taxed into submission. John McCain will keep the top tax rate at 35 percent, maintain the 15 percent rates on dividends and capital gains, and phase-out the Alternative Minimum Tax. Small businesses are the heart of job growth; raising taxes on them hurts every worker.Both men clearly have different objectives. Obama’s seems more focused on the everyday working man, where McCain directs his towards companies and businesses. Which plan will provide America with the proper balance between alleviating the national debt, and protecting everyman from total financial destruction.Cut The Corporate Tax Rate From 35 To 25 Percent: A lower corporate tax rate is essential to keeping good jobs in the United States. America was once a low-tax business environment, but as our trade partners lowered their rates, America failed to keep pace. We now have the second highest corporate tax rate in the world, making America a less attractive place for companies to do business. American workers deserve the chance to make fine products here and sell them around the globe.
I am afraid if Obama gets elected. We have heard all these promises before from Democrats about helping the Middle Class, but I still haven’t seen it. I do however take home more money with the Bush tax cuts, which is why they are good for me. My biggest problem with Democrats is that they think they know better for me, than I know for myself. I grew up with values enforcing that we are all responsible for ourselves, and things happen, good and bad, and thats just how it is. I truly believe that if Obama gets elected, this is going to become a Socialist country, and we are going to loose alot of our civil rights, especially if we “speak” against the “chosen one” Should he be selected, as he has been in the past, by disqualifying his opponents, Obama is not going to bring any GOOD CHANGE, to this country. Just remember that when he takes more of your take home pay to pay for all his social programs to help those too lazy to take care of themselves.from Maureen
Sen. Mccain,s tax policies are suspect as much as George Bush,s were. How do you expect people to believe after all the lies of the past eight years. The hundreds of billions of dollars spent on the Iraq war used wisely at home could have not only prevented the present economic meltdown but could have improved the lives of millions of ordinary american people who are so much worse of now more so that the tax dollars of these very same people are being used to bailout the mess. Can someone out there convince me that someone that owns several houses and can”t even remember howmany and whose family is in the big league as far as business is concerned and owns a jet can and is going to reduce coporate tax and have the ordinary american peoples concern on their mind and be any different from George Bush and his business interests vs the quality of life of working americans. Are the powerful advisers of Mccain and Palin once in office going to be the same so-called NEO-CONS that have spun all the lies to the American people about the Iraq war and wasted so much of American dollars and created the present economic mess and the kind of image that this country has in the world.from reggie
Obama simplay wants to spend your tax dollars for you. McCain will let you keep your tax dollars so you can spend it how you want. Free, open economic systems operate best when taxes are lower and the government is small. Just look at Europe for example they are over taxed and have less. We have relatives that just visited in August. They were amazed at how we live over here. The open spaces, clean air, and how much we have in our homes neighborhoods and cities. The more money in our pockets and in our bank accounts gives us the everyday citizen power. Power to choose, power to influence, power to save, power to spend and the power to share. Giving more money via Obama’s tax plan will give the power to the government. The more you give in taxes the less control you have. High Taxes creates bigger government. Bigger Government creates backward economic policies that fail. Less government means more freedoms. Choose McCain choose freedom, Choose Obama choose Socialism or move to Canada and get Socialism up the wazzoofrom JD Smith
There’s a lot I admire about Sarah Palin: Her meteoric rise in a highly-scrutinized, male-dominated profession. Her ability to be smart and tough but also beautiful and feminine. The challenges life has thrown her way and how she has handled them. My friend Andy, a republican insider on Capitol Hill, says the party has had its eye on her for years. A true rising star. She is “feisty, with grace,†as a republican delegate recently put it. Sure, I find it pretty easy to be excited about all of that. And, then there’s a lot I don’t like about her. Her belief that creationism should be taught in public schools. Her desire to drill for more oil and build nuclear power plants instead of insisting on clean and safe sources of energy. Her belief that government should be able to tell women what they can and cannot do with their bodies. There’s a lot of policy to disagree about, but these disagreements are par for the course in a republican versus democratic race. This race isn’t going to come down to any of that. No, this race is going to be about personality and character. And it’s now abundantly clear that Sarah Palin has a lot of both. The question is whether she’s got the kind of personality and character befitting a person holding the second-highest office in the land. Or whether hers is conduct unbecoming. During her acceptance speech I expected to hear the kind of content conservatives salivate over, just as the DNC speeches dripped with the content democrats crave. So I wasn’t surprised by the topics. Still, I heard some things that made my stomach churn. I heard her ridicule Obama’s community organizing experience. Of course we democrats know that community organizing is what you do when government is failing to meet the needs of the people. Martin Luther King was a community organizer. So was Jesus Christ. Maybe she does not understand what that work is all about. But did she have to ridicule it? What was with the tone she took? The attitude? I was instantly reminded of the swaggering cowboy we currently have in the Oval Office who makes clear that he thinks anyone who disagrees with him is like an animal in his personal rodeo. After hearing Sarah Palin speak, it is easy to imagine her as the new cowboy in town, with the leather chaps, metal spurs and lasso, kicking ass and taking names. This is who we want representing us in the world? The world is so tired of an America that behaves that way. And so am I. We need a president who respects people – all people – who doesn’t think we are better than everybody else, and better yet who understands that while we are but a tiny fraction of the planet’s population we have a great obligation to help lift up those around the world who are enduring tragedy and hardship. We need a president who will make America America again, both around the world and right here at home. It is hard to imagine that a woman who is called a “barracuda” because of how she treats people would be one of our nation’s highest leaders. It is hard to imagine a woman who had no need for a passport in the first 43 years of her life being able to be an ambassador for America around the world. It is hard to imagine such a woman being a heartbeat away from the presidency. I am a democrat. I believe government should actively safeguard a basic quality of life for all citizens. I believe our leaders must believe in science, in global warming being greatly compounded by human behavior, in a woman’s right to choose. But even more than these things, I want the highest leaders in the land to respect people. The kick ass attitude Sarah Palin showed in her acceptance speech may be what it takes to get things done in Alaska, but in my view it is conduct unbecoming the next Vice President of the United States.from Graeme
Voters need to think about how Obama is going to help the economy grow and keep all of the assistance to the lower class families and cut taxes as well. He talks about lower taxes for everyone but if he plans on offering other ways to help lower and middle class there is no way he will be able to do so with the flow of tax money behind those different ways to assist people. That means no welfare, no medicaid, and food stamps. Those are the things that are going to be affected. But no one seems to be telling those less fortunate and less educated that they will not have that type of assistance when Obama makes tax cuts.from Anonymous–from Louisiana