So now a Repuke tell me Obama raises taxes on those making more than 75K & it's all over his website

[NotThisTime]

If it's over Obama's website I sure and hell must have missed it

I'll make this ultra clear, a friend who is a trolling repuke has told me that because they make over 75K his taxes will go up and it's all over Obama's website...

I told him he was full of crap, and to point out where WHERE on Obama's website this was... he couldn't of course....

Unless I am so off the wall out of touch, this is simply NOT FREAKING TRUE.... But it doesn't stop the Repuke from saying it.... Seriously.... I don't know where he came up with this idea

Sorry for the confusion, it must be the anger coming out my ears

[babylonsister]

1. Who's spreading misinformation? nt

[Greyskye]

2. Huh?

Linkage? :shrug:

On edit: which is it, "it's all over his website", or "If it's over his website I sure and hell must have missed it".

You state both in your OP.

[Tyler Durden]

3. Guess I should tell my wife to quit her job.

we cracked 75K for the first time in our 50 something lives last year.

Thanks, Barack.

[Greyskye]

4. Let's wait for confirmation on this before going off the deep end.

M'kay?

And we're in the same boat.

[PassingFair]

10. He went off the deep end a LONG time ago.

Feet first...

[babylonsister]

6. You're reading a message board, and a post with no links. Relax. nt

[HCE SuiGeneris]

9. Wow. Leap to judgement much?

[Lone_Star_Dem]

12. It's not true. They go down until you reach the $227K-$603K bracket.

See my post below.

[ieoeja]

19. Aside from the Republican lying ... why would you want to make less money?

I love it when Republics come up with stupid shit like this. "I'd make more money, but I don't want to pay the extra taxes."

Unless the tax on the money you make over $75K is over 100%, that is some pretty stupid fucking thinking you got going there.

[dionysus]

25. and you are buying this hook, line, and sinker because........?

:shrug:

[Avalux]

5. Who exactly told you that? A source would be helpful.

BTW - it's not true.

[NotThisTime]

23. A friend who is as stupid as shit

[harun]

7. According to this analysis it will go down

http://money.cnn.com/2008/06/11/news/economy/candidates_taxproposals_tpc/index.htm

[Lone_Star_Dem]

8. Someone is an idiot. They go down until $227K-$603K. Here's the real numbers in dollars

McCain
Income.....Avg. tax bill
Over $2.9M.....-$269,364
$603K and up...-$45,361
$227K-$603K....-$7,871
$161K-$227K....-$4,380
$112K-$161K....-$2,614
$66K-$112K.....-$1,009
$38K-$66K......-$319
$19K-$38K......-$113
Under $19K.....-$19

Obama
Income.....Avg. tax bill
Over $2.9M.....+$701,885
$603K and up...+$115,974
$227K-$603K....+$12
$161K-$227K....-$2,789
$112K-$161K....-$2,204
$66K-$112K ....-$1,290
$66K-$112K.....-$1,042
$38K-$66K......-$892
$19K-$38K......-$567

I lifted this from an article on CNN Money yesterday. Their figures are based on reports from The Tax Policy Center.

http://www.taxpolicycenter.org/

Edited to add to headline.

[Indenturedebtor]

16. Now that doesn't include SS taxes does it?

As I understand it he intends to push for raising the cap over 95k to 200k?

[NotThisTime]

21. That is true, at some point for wealthy individuals, they would continue paying Medicare taxes

But I believe Obama was looking at exempting those that make between 107K (the current cap) and somewhere above 150 or so....

[NotThisTime]

20. Thank you, this should shut them up....

People are too tired and like to use their rethug talking points...

Again, for all the early poster's, sorry for my confusing initial post.

[az chela]

11. And how much of us make over 75 k a year

That is not my problem

[Lone_Star_Dem]

13. It's not true anyway.

More unsubstantiated BS rumors is all.

[Greyskye]

14. Not only is it not your problem, it's not even true.

See links upthread.

[ContinentalOp]

17. That's the median household income in some CA counties.

[Indenturedebtor]

18. I'm hoping that we will make over 75k in the next few years

We're doing everything we can to anyways. And I certainly wouldn't mind paying more for a better world.

[Writer]

15. For today's younger people, earning $100K a year offers comfort but little wealth.

The reason? D.E.B.T.

[Vinca]

22. Just for the heck of it, ask any Republican who starts whining about

taxes if they prefer the last 8 years of charge and spend instead. The bills have to be paid and money doesn't come out of the sky on a flaming pie. Our current economy is proof of how well the "cut taxes for the rich and everything will boom" theory works. Stuff trickles down, but it isn't money.

[NotThisTime]

24. I'll agree with you there, they make no freaking sense other than using the talking points they've

been given....

[Indenturedebtor]

28. They don't even think about the talking points... just consume and regurgitate

I almost wish I'd stayed in touch with the older "wiser" coworker of mine who tried to tell me a couple of years ago that the Bush Economy was working great because we had so many new homeowners. I explained the balloon payments etc, but he wouldn't hear it.

Farkin moron, how's it look now moron?

[NotThisTime]

31. LOL about the homeowners, how'd that work out for them?? Seriously....

[Indenturedebtor]

33. I know right. I tried to tell him too, but of course he changed the subject

And threw out some strawmen. And then proceeded to talk about Jesus again.

[NotThisTime]

26. Along this line, is it not true that Obama wants to keep the Bush tax cuts in place for those under

the 90% threshold?

I can't believe how misinformed people like to be.... IMHO they ought to take Faux news off the freaking air.

[scrappydo]

27. I just watched Senator Obama at his town hall meeting in WI...

He said his plan would increase taxes on people making $250,000/year and over while giving tax credits to people below that amount. He also was explaining how he would pay for many if his initiatives but I was interrupted by a guy doing some repairs on my house and never did get the full gist of what Obama was saying - DARN! :-(

[On the Road]

29. I Certainly Couldn't Find Anything

on his website except the $500/$1000 credit for working individuals or families.

It could be that that's his only proposal so far. If Obama does nothing, the Bush tax cuts will expire and the top rate (the most important one for revenue) will rise to the previous rate of 39.6%

[NotThisTime]

30. I'm glad I'm not the only one who couldn't find what the repuke was claiming

They're just blinded by their leader, the Rush Limbaugh of the world....

How giving the tax credit to the top 10% REALLY benefits the treasury so much more than helping those at the bottom

Or

It's just not fair that someone supporting a family on 30 grand only pays X (say a grand) on their income, where the guy making 300 grand pays 50 grand (or whatever it is), that's just not fair they say....

Or

stuff of equal obsurdity.... it's just crazy...

[helderheid]

32. I just heard him today in his speech say that anyone making less than $250,000 will not have their

taxes raised and most will have them cut.

[NotThisTime]

34. I think he needs to put that on a commercial and blanket the damn airwaves

[dsomuah]

35. Repubs telling lies? How unprecendented.

Perhaps we should stoop to their level and start talking about McCain's black baby mama.