Barry
09-18-2008, 04:31 PM
This site has a great description and excellent graphs of the two tax plans.
https://chartjunk.karmanaut.com/taxplans/
https://chartjunk.karmanaut.com/taxplans/
View Full Version : An Excellent graphical comparison of McCain vs Obama tax plans
lifequest
09-18-2008, 05:06 PM
It's always interesting to compare and contrast the candidates competing tax proposals but in the end it depends on the legislature and the pressures brought upon it by lobbyists, interest groups and minimally public opinion as to what actually survives.
I tend to ignore promises and proposals since they are made to entice and attract votes and then when elected the winner does what their patrons and advisors tell them is best.
Tax policy has been used as a social engineering tool as well as a means to shrink and debilitate government (for the last 8 years the policies of the scoundrel Grover Norquist have been used to as he brags " shrink government so that it can be drowned in the bathtub". Unfortunately, the recurring natural disasters and financial meltdowns have required more intervention by government without thought as to how it all gets financed.
Even the most anti-government proponent will have to admit we need intelligent regulation and tax policies. Whether this comes too late we'll have to see. I don't think either party is really sure anymore about how to proceed and are just crossing their fingers and hoping all the bad things just go away like a bad dream.
I tend to ignore promises and proposals since they are made to entice and attract votes and then when elected the winner does what their patrons and advisors tell them is best.
Tax policy has been used as a social engineering tool as well as a means to shrink and debilitate government (for the last 8 years the policies of the scoundrel Grover Norquist have been used to as he brags " shrink government so that it can be drowned in the bathtub". Unfortunately, the recurring natural disasters and financial meltdowns have required more intervention by government without thought as to how it all gets financed.
Even the most anti-government proponent will have to admit we need intelligent regulation and tax policies. Whether this comes too late we'll have to see. I don't think either party is really sure anymore about how to proceed and are just crossing their fingers and hoping all the bad things just go away like a bad dream.
Braggi
09-18-2008, 10:30 PM
... Unfortunately, the recurring natural disasters and financial meltdowns have required more intervention by government without thought as to how it all gets financed. ... I don't think either party is really sure anymore about how to proceed and are just crossing their fingers and hoping all the bad things just go away like a bad dream.
Yup.
It's important to remember that the Bush Co. wars are the first in US history to be fought entirely on borrowed money. They have no budget. We'd have a whole lot easier time handling natural and economic disasters if it weren't for the disaster in the Oval Office.
-Jeff
Yup.
It's important to remember that the Bush Co. wars are the first in US history to be fought entirely on borrowed money. They have no budget. We'd have a whole lot easier time handling natural and economic disasters if it weren't for the disaster in the Oval Office.
-Jeff