Comments on: Obama’s 95% Tax Break: A Tax-Credit Welfare State

By: tax-man

tax-man — Fri, 24 Oct 2008 03:18:01 +0000

Call it whatever you want. I’ts re-distrubution of wealth.The rich pay and the poor recieve.Jimmy Carter all over again.you will see..

By: Noor

Noor — Tue, 21 Oct 2008 03:29:30 +0000

I truly cannot believe how uninformed many people are of the tax system and I cannot believe that the WSJ is capitalizing on it. So let me clear this for everyone:EVERY WORKER PAYS TAXES. ABSOLUTELY EVERY WORKER, when they receive their salary checks has a PAYROLL TAX DEDUCTION. So all year long, people go and pay their taxes religiously. Now at the end of the tax season, when you have to file your income tax, you might have zero-income tax liability. This means that you don’t OWE the government further taxes because you paid them ALL thorugh your payroll discount. Sometimes peopel get a refund because they paid more taxes on payroll than they owe. Now under Obama, the ONLY people could have a negative tax rate (i.e. receive money from the governmet) are the people who earn less than $10,000. And anyone who thinks it’s wrong to help out a little (the net tax ret would be -2.8%) hard working people who makes less than $10,000 has little sense of solidarity. Here is the table from the Tax Policy Center, a non-partisan analysis group confirming what I just said: http://www.taxpolicycenter.org/numbers/displayatab.cfm?Docid=1967&DocTypeID=1 SHAME on the WSJ for doing such an irresponsible article

By: Laer

Laer — Tue, 14 Oct 2008 17:37:30 +0000

The link is in the piece. It’s in bronze type. Even you should be able to find it.

By: joe bob

joe bob — Tue, 14 Oct 2008 15:40:39 +0000

Odd, JM says he’ll cut them for all Americans, is he proposing welfare too? Can i get a link to that piece you’ve written? No, it doesn’t exist? Are you sad your such a loser?

By: jim

jim — Tue, 14 Oct 2008 04:55:07 +0000

Well, someone once said (sorta’) “If you rob Peter to pay Paul, you can always count on the VOTE of Paul.”