It's people like this that shouldn't be allowed to vote. I'm assuming your reasons for voting Obama is because he is black and because he is going to tax those greedy rich people? I guess everyone has their key issues, but really? Oh well, I'm sure you will be just as excited when Obama raises taxes for everyone because that is something his record shows. Also you do realize that those greedy rich people pay most of the taxes in America? And they should pay more because they actually did well for themselves whereas lazy people getting government handouts can sit around doing nothing.

 

they are supposed to pay more cause they make more, it should be a flat rate though, but its the loopholes in the tax system they use to defer actually paying.

 

I'm an American and I don't approve this message

 

You know, I never realized this until you posted. He does have the little dinosaur arms. Reminds me of the Tyrannosaurus Rex in Toy Story.

 

So do you think it is fair for someone making 20K a year to pay the same as someone making 250K a year? Or are you saying the "Rich" should have a standardized rate across the board?

Just checking.

 

I agree there should be a flat rate. Then we wouldn't need that wonderful organization called the IRS. Hell, I'd even support a consumption tax instead of an income tax. An income tax is such rip off if it was a flat tax across the board then the rich would still be paying more, but wouldn't be penalized for making a better living.

 

maybe if americans paid back their credit card debt on time, our nation will still be fine. Bush didn't f* up our economy; american citizens with a tendency to spend on impulse that can't pay back their debts f* things up for the world. Bad mortgages? Banks with employees that didn't think about checking people's credit and income before lending out. Banks and American Citizens f* up the nation. Not the president. Americans are so focused on Iraq (specifically pulling out) and the economy being sour...; that they forgot that Iraq has a new president ( if we pulled out early, chaos will still reign), our own citizens f*ed up the economy, Bush brought our ties with China, India, and other nations such as Vietnam closer for trade and international economic issues. Since Bush became president, terrorism around the world has decreased. Because of Bush's reaction, other leaders of nations followed suit. The damage done by terrorists were minor compared to many bombings of the late 80's and during the 90's.

 

It takes money to make money. Period. What a lot of "rich people" do is invest in business. Use a little money, make a good investment... use the returns and reinvest. You don't think they pay taxes? They pay taxes up the ***. But, its what and how you invest that matters with taxation. Tax Act of 2003 for example~ If you have an investment in the market for over 12 Months of ownership: Taxed at 15%. If you invest under 12months: taxed at income bracket.
A lot of tax laws created in America is to promote economic growth. Govt wants you to help the nation economically so they do give you a lot of breaks if you know how to utilize it to its full potential... in the end it benefits the nation and yourself.
Now... the poor gets more poor... that issue.... *hahahaaa.* A lot of those people just doesn't make good economic decisions. For example's': Too many kids (having kids too early...thats expensive), accidentally having kids, shopping too much when they know they have to pay rent, credit card debt that they can't pay back, bad martgages.. i can go on and on. I know a lot of poor people, they stay poor because of their lifestyle; they go out too much. You can't be rich without saving money. Period. Just meet more people of different social ladders and you can tell instantly their points-of-view towards money, business, and lifestyle; totally different.

Even if Obama wins... the rich gets more rich; they know how money works and will still continue to use it to its full potential. The world markets are now more closely related to each other in how the trend moves and how quickly it affects each other, therefore easier for the rich to access more markets to invest and become wealthier.