Taxes: The difference between candidates is the widest it's been in over two decades.

[Roland99]

At least Brian M. Carney thinks so and wants you to think so, too.

Who is Brian M. Carney? A member of the Wall Street Journal Editorial Board and a member of The Party of the Right (the far most right party of the Yale Political Union).


He has a new opinion piece in the WSJ
http://online.wsj.com/article/SB122488938501868507.html

From the article:

"Sen. Obama is proposing to raise taxes more than any recent candidate"

Recent being what? The last 3 months?

Look at the table he provides:



Yes, those tax rates are going to SKYROCKET! I mean...the Estate Tax rate will....STAY THE SAME (and Obama wants it only on amounts over $3.5 million).

Ok, look at the Corporate Rate...it shoots up to...THE SAME RATE!! THE HORROR!!

The sacrosanct Capital Gains and Dividend tax rates? Up 5%?!?! Is he MAD?!?! How can hard-working member of the investor class survive paying an extra 5% of money he or she DID NOT EARN?!? A tragedy of global proportions!! (note: Only for people making over $250,000/yr.)

The highest personal tax rate climbs to an extra 6%, according to Mr. Carney with his inclusion of reduced exemptions (again, for people making over $250,000/yr)


So, what it boils down to is this....

Are you a married couple making over $250,000/yr?

If you are and you are struggling today you either live in an incredibly overpriced part of the country (NYC, Seattle, San Fran) or you're a complete moron who has no clue how to manage money/debt.

If the former, well, not much anyone can do for you...sorry...but that's the case.

If the latter, stop living beyond your means and wake up!


As for Mr. Carney, well, raspberries to you, sir, for your scare-mongering. At least you didn't use the dreaded "S" word...Socialism.

[Darkhawk32]

1. The dirty "S" word is for "Spreading the Wealth" now, dontcha know.

The Tax Policy Center has already shown the the average tax cut for families making $30k to $60k is nearly 7 times higher with Obama than McCain.

And yet, many people will believe the drivel coming out of the orifices of every right-wing host on radio and television.