Power Goes Out During Obama Rally in Reno

Posted by: Lydia | Oct 25, 2008 4:04:29 PM

Excellent post. If I was making that amount of money, I wouldn't have a problem paying more.

My comments got mixed with anothers. Here is the corrected version:

"Income of $250,000 or less == middle class. Now all you small business owners..."

The numbers are calling you a liar.

Only 2% of small busineses make $250,000 or more. Joe the plumber doesn't. Not very many plumbers do.

Soak the middle class to feed the rich. Good Republican slogan there!

And people working 3 jobs are not making $250,000 either. Most of them are working multiple lower paying jobs.

Trickle down economy is the REPUBLICAN notion of soaking the middle class for the benefit of the rich. Let's try trickle up instead!

The wealth of the top 2% of Americans has doubled since 1980. Have inflation adjusted middle class wages? NOPE. They went up during the Clinton years and DOWN in the Bush years.

Barack Obama thinks the middle class need a break. John McCain is only worried about those making more than $250K.

GIVE THE MIDDLE CLASS a break now.

Trust us with our own money rather than spending it on tax breaks for millionaires.

250,000 a year is just barely hanging on???? Oh Please

"Income of $250,000 or less == middle class. Now all you small business owners..."

The numbers are calling you a liar.

Only 2% of small busineses make $250,000 or more. Joe the plumber doesn't. Not very many plumbers do.

Soak the middle class to feed the rich. Good Republican slogan there!

And people working 3 jobs are not making $250,000 either. Most of them are working multiple lower paying jobs.

and people who are working a couple of jobs to be able to live the American dream.... and those who have FINALLY made a chink your niche......

SIT DOWN.

We will give YOUR money to someone who,sadly earns only $15,000 a year because that is well below the poverty level.... and he needs it more.

We will give YOUR moen to someone who makes only $235,000.00 because, happily, he is not earning $250,000.00
and HE needs it more.

Trickle down economy is the REPUBLICAN notion of soaking the middle class for the benefit of the rich, dimwitt.

Wealth of the top 2% of Americans has doubled since 1980. Have inflation adjusted middle class wages? NOPE. They went up during the Clinton years and DOWN in the Bush years.

Barack Obama thinks the middle class need a break. John McCain is only worried about those making more than $250K.

GIVE THE MIDDLE CLASS a break now.

Trust us with our own money rather than spending it on tax breaks for millionaires.

I have to assume a lot of people commenting here are very young.
Let's get a few things straight.
1) All the politicians use telepromptors when giving a speech of any length. Even the spouse's. Bush does, Cheney does, everyone does.
2) Joe the plumber is a fake. He isn't a licensed plumber, he only makes about 40,000 a year, is in no position to buy a plumbing business and he has lien on his house for owing back taxes. But we are supposed to believe he is so upset over anyone making over $250,000 having a tax raise, he went out of his way to question it. He is more concerned with a fantasy future or the plight of rich folk than his present where he owes money and can't make ends meet. Yeah, right, he's not a plant.
3) The tax rate only increases the amount paid after the first $250,000. So the rich will pay an extra $300 for every $10,000 they earn, that is over the $250,000 mark. That's it. The same rate they paid under Clinton, that's what some are complaining about.
4) If those earning more than $250K don't pay more, the middle class will have to. Obviously the bills are pouring in for 2 wars,the bail-out package, etc. Someone has to pay. Would it be better to take it from the class that is just barely hanging on to their house as it is?
Think.
Our country can't be strong if we are weak economically. Our country can't be strong if our military is stretched too thin. Our country can't be strong if more and more of the middle-class is sliding into poverty.
Think.

How much more than 85% of the tax revenue do you want the top 25% of earners to pay???

I have done some research and the conclusion will surprise you.

It appears that 'balls' only get in the way and the President is better off without any.

Obama should win with no problem.

"You have no lower limits. Does that mean someone making 20,000 is middle class also?"

Make your own definition for the lower limit. Obama's plans and McCain's simply don't have much difference for those below the middle class.

HERE IS YOUR PROBLEM:

John McCain keeps harping on how unfair it is to return the upper tax bracket to the pre-Bush level.

McCain voted against and TRASHED the tax cut when it came to a vote.

HE WAS RIGHT WHEN HE SAID THIS:

""I cannot in good conscience support a tax cut in which so many of the benefits go to the most fortunate among us at the expense of middle-class Americans who need tax relief."--John McCain, May 2001

John McCain also said it would be more appropriate to keep the upper level where it was and use the money to lower the rate for the middle class ==> EXACTLY WHAT OBAMA HAS PROPOSED!!!

John McCain doesn't have a tax policy. He has a self-hypocrite policy.

That is why he needs his conscience to remind him of the OLD (younger) John McCain.

A vet,

Income of $250,000 or less == middle class.

Now all you small business owners and people who are working a couple of jobs to be able to live the American dream.... and those who have FINALLY made a chink your niche......

SIT DOWN.

We will give YOUR money to someone who,sadly earns only $15,000 a year because that is well below the poverty level.... and he needs it more.

We will give YOUR moen to someone who makes only $235,000.00 because, happily, he is not earning $250,000.00
and HE needs it more.

As for the small business owner whose efforts are supporting at least a handful of others, we will take HIS money so that the others can be paid.

Trickle down economy.

It didn't work the last time.

It won't work now!

I think we should keep our jobs HERE... but why should we if the incentive is not great enough.

The REAL problem is the need to BRING THOSE JOBS HOME..... AND PROVIDE TRAINING FOR THE NEW, GREEN JOBS!

And the party that did that were punished in the next election.

We weren't the party that had John Kerry as a candidate.
I guess your saying he shouldn't have been impeached then. I guess thats why we need more democratic rule so we can turn our eyes away from unlawful behavior.

Santaiscoming,

You should look to your own (candidate's flaws) first. The Bush tax cut really slashed the incoming taxes without cutting spending.

John McCain wants to make these tax cuts, which he RIPPED as unconsciencable and tilted to the rich when he voted against them, permanent.

His spending cuts? Nowhere to be seen. (Earmarks make up half of one percent of the budget.)

Unprovable question of intent

Have you seen any of the 10+trillion debt being repaid yet. I think the intent is quite clear.

Income of $250,000 or less == middle class

You have no lower limits. Does that mean someone making 20,000 is middle class also?

They’ve fallen. In the early 1960s, the highest marginal income tax rate was a stunning 91 percent. That top rate fell to 70 percent after the Kennedy-Johnson tax cuts and remained there until 1981. Then Ronald Reagan slashed it to 50 percent and ultimately to 28 percent after the 1986 Tax Reform Act. Although the federal tax rate fell by more than half, total tax receipts in the 1980s doubled from $517 billion in 1981 to $1,030 billion in 1990. The top tax rate rose slightly under George H. W. Bush and then moved to 39.6 percent under Bill Clinton. But under George W. Bush it fell again to 35 percent. So what’s striking is that, even as tax rates have fallen by half over the past quarter-century, taxes paid by the wealthy have increased. Lower tax rates have made the tax system more progressive, not less so. In 1980, for example, the top 5 percent of income earners paid only 37 percent of all income taxes. Today, the top 1 percent pay that proportion, and the top 5 percent pay a whopping 57 percent.

The top 25% income earners account for 85% of the taxes. The bottom 50% only account for 3%. If middle income is figured as the remaining 25% you only account for 12%

"No just impeached for perjury and obstructuction of justice."

And the party that did that were punished in the next election.

"And the tax rate during his regime was 39%. It is 35% during Bush."

'I cannot in good conscience support a tax cut in which so many of the benefits go to the most fortunate among us at the expense of middle-class Americans who need tax relief.'--John McCain, May 2001

"Most jobs created were government sponsored."

FALSEHOOD.

Social security is a problem now because every president since Kennedy keeps borrowing the money from it and not intending to pay it back.

Unprovable question of intent. But here is a provable point: If you divert some of the Social Security taxes that currently pay for the Social Security checks going out, then the trust fund goes into technical default sooner and BY LAW when the trust fund goes into technical default, the benefits are reduced to the level equal to the SOCIAL SECURITY TAXES COMING INTO the system.

Therefore, when and if technical default does come, the checks will be reduced MORE if you have some workers diverting money to private accounts."

Osama bin biden thinks that he will pull the giveaways, no-interest loans, free healthcare and tax breaks out of the air! It hasn't dawned on him yet that these things COST MONEY! Where you gonna get the money Osama?
I guess you be holding rallies every week on the White House lawn so all your RICH CONTRIBUTORS (you know, the al qaida network, your rich big oil friends, your Wall Street friends and last but not least all those RICH blacks and kiddies out there supporting you) can keep on contributing to your simple-minded programs.

A Veteran,

For my purposes, Obama's definition works fine:

Income of $250,000 or less == middle class.

NOW ALL the Firemen, Teachers, Engineers, Waitresses, Single Moms, Police officers who make more than $250,000 raise your hand!

Because John McCain proved in the last debate that he is mostly concerned with those making over $250,000.

And Barack Obama proved that he is mostly concerned with the Middle Class.

We tried the Republican approach of $700,000 tax breaks for the fortunate few.

Let's try a different idea: Give the middle class a break!

"But not John McCain, he gave a standard Republican speech on economics this July where he said the danger to the market was regulation!"

On the other hand, McCain, NOT B O
was the one who tried in 2002 and again in 2005 to get congress to do something about the looming mortgage crisis... and to provide oversight, especially for Fannie Mae and Freddie Mac
.

Obama is all talk and no action.
In Chicago, we have another term for
such a personality.......

I SAY, RETURN THE TAX RATES to where they were in the Clinton Administration!

The Clinton record:

o High job growth. Check.
o Low interest rates. Check.
o Didn't allow terrorists to blow up the world trade center. Check.
o Balanced budget. Check and check.
o No fool wondering around the debate stage like he lost his imaginary cat. Check.

John McCain's conscience

Define middle income levels

Janice,

For example, Obama could say the economy is strong then contradict himself two hours later!

Most people who read a newspaper knew of the mortgage crisis and the potential damage to the credit market in February. Barack Obama mentioned it in speeches.

But not John McCain, he gave a standard Republican speech on economics this July where he said the danger to the market was regulation!

McCain, like Bush thinks that regulators should sleep on the job, after all, the MARKET CAN REGULATE ITSELF, right??