Obama says he would cut taxes for middle class

freeby4me · 06-14-2008, 02:02 PM

Obama says he would cut taxes for middle class

WAYNE, Pa. - Democrat Barack Obama told voters Saturday he would push an aggressive economic agenda as president: cutting taxes for the middle class, raising taxes on the wealthy, pouring money into "green energy" and requiring employers to set up retirement saving plans for their workers.

Campaigning in Pennsylvania, a key battleground in the fall campaign, Obama said he would take a much more hands-on approach than would Republican John McCain. He again criticized McCain's proposal for a temporary halt in the federal gasoline tax. It would "actually do real harm," Obama said, by reducing revenue for road and bridge construction even as oil companies make record profits.

Speaking to about 200 people in Wayne, a Philadelphia suburb, Obama made no new proposals but emphasized earlier ones in light of rising gas prices, inflation and job losses. They include a $1,000 tax cut for most working families; a new Social Security tax on incomes above $250,000; a "windfall profits" tax on oil companies; a $4,000 annual college tuition credit for those who commit to national or community service programs; and an end to income taxes for elderly people making less than $50,000 a year.

Obama said he could pay for his programs by eliminating the Bush administration's tax cuts for the wealthy, winding down the Iraq war and spending more on alternative energy programs that eventually will save money.

He said employers should be required to set up retirement saving plans for workers even if they contribute no money to them. Workers would automatically be enrolled unless they choose to opt out, he said. That way, he said, "most people will save more."

He also vowed to spend $150 billion over 10 years to establish a "green energy sector." It would require greater fuel efficiency in cars and devote more money to solar, wind, and biodiesel energy.

Taking audience questions, Obama praised Thursday's Supreme Court decision to allow detainees at Guantanamo Bay to challenge their imprisonment in federal courts. Enforcing habeas corpus rights, he said, is "the essence of who we are."

Even when Nazis' atrocities became known in the 1940s, he said, "we still gave them a day in court" at the Nuremberg trials. "That taught the entire world about who we are," he said.

McCain sharply criticized the court ruling, saying it would hamper the war on terrorism.

Obama said McCain would be likely to appoint Supreme Court nominees who would allow states to outlaw abortion. "You're just one justice away from that," he said, alluding to the court's narrow ideological divisions.

Democrats have carried Pennsylvania in the last four presidential elections, although narrowly at times. Obama lost badly in the primary here to Hillary Rodham Clinton, and he is struggling to attract white working-class voters who heavily favored her.

Should McCain manage to win Pennsylvania and its 21 electoral votes, Obama would have to compensate in other areas, such as in the Rockies, where Republicans have done well in recent campaigns.

http://news.yahoo.com/s/ap/20080614/...bama_economy_3

atprm · 06-14-2008, 02:31 PM

it's all b.s.

that's how it is ... all talk no action...empty promises that are never fulfilled.

freeby4me · 06-14-2008, 02:47 PM

Quote:

Originally Posted by atprm

it's all b.s.

that's how it is ... all talk no action...empty promises that are never fulfilled.

Do you mean him or just in general?

Bahet · 06-14-2008, 03:06 PM

I agree with atprm but while I don't know about her I mean in general. I've become a political skeptic. I'll believe their promises when they happen. I don't trust any career politician. They get to be career politicians by learning not only how to play the game but how to master it. Those who aren't career politicians and run for office on actual beliefs, ideals, and the desire to make life better for their constituents are not voted in because they "don't have eneough experience". Anymore, I think not having enough experience is a plus, not a minus. Those with the experience don't care about anything but their own careers. That goes for both parties.

atprm · 06-14-2008, 04:02 PM

in general -- they are going to promise the world and none of it will come true...its just the stuff people want to hear to get them into office...then who cares is the general consensus. (heck I dont know how to spell that but it looks good to me.) LOL

freeby4me · 06-14-2008, 04:36 PM

How very true.

I only posted this because I always hear how nobody knows anything of his plans, how he always skirts around it when someone asks a question. Well, maybe this will answer a few things.

LunaChick · 06-14-2008, 05:44 PM

Quote:

Originally Posted by freeby4me

Obama says he would cut taxes for middle class

WAYNE, Pa. - Democrat Barack Obama told voters Saturday he would push an aggressive economic agenda as president: cutting taxes for the middle class, raising taxes on the wealthy, pouring money into "green energy" and requiring employers to set up retirement saving plans for their workers.

Speaking to about 200 people in Wayne, a Philadelphia suburb, Obama made no new proposals but emphasized earlier ones in light of rising gas prices, inflation and job losses. They include a $1,000 tax cut for most workingfamilies; a new Social Security tax on incomes above $250,000; a "windfall profits" tax on oil companies; a $4,000 annual college tuition credit for those who commit to national or community service programs; and an end to income taxes for elderly people making less than $50,000 a year.

Obama said he could pay for his programs by eliminating the Bush administration's tax cuts for the wealthy, winding down the Iraq war and spending more on alternative energy programs that eventually will save money.

He said employers should be required to set up retirement saving plans for workers even if they contribute no money to them. Workers would automatically be enrolled unless they choose to opt out, he said. That way, he said, "most people will save more."

He also vowed to spend $150 billion over 10 years to establish a "green energy sector." It would require greater fuel efficiency in cars and devote more money to solar, wind, and biodiesel energy.

http://news.yahoo.com/s/ap/20080614/...bama_economy_3

Now, these are things I'm interested in. I do have a retirement plan offered through my job but it's not a very good one. I would love to have one through the hospital that matches what ever I decide to put in. After five years of service we get a basic retirement plan. It's better than nothing and it doesn't cost me anything. They do offer a few outside companies for retirement investments.

Also, lower taxes for the middle class is a high priority for me. I hope he means it and not blowing smoke. If he gets in the WH and pulls this off, this country will take a major turn for the better.

lucimPI · 06-14-2008, 07:14 PM

Being from Illinois, the only thing I can say is--YEA, when pigs can fly. I think every time he opens his mouth his nose gets longer. I could be wrong.

suprtruckr · 06-14-2008, 07:58 PM

Quote:

Originally Posted by lucimPI

Being from Illinois, the only thing I can say is--YEA, when pigs can fly. I think every time he opens his mouth his nose gets longer. I could be wrong.

thats what my "dil" said too

Bahet · 06-14-2008, 09:28 PM

Have you all seen Shrek the 3rd? The scene where Pinocchio is discussing where Shrek is with Charming by speaking in double speak reminds me of a politician.

Jolie Rouge · 06-15-2008, 08:05 PM

During his tenure in the Senate Obama has voted to raise taxes EVERYTIME it was presented; he has NO RECORD of voting to reduce taxes. His actions speak louder then his words. JMHO.

Editted to add : In the interests of "fairness" : McCains' voting record is about the same as Obama.

06-14-2008, 02:02 PM	#1 (permalink)
freeby4me No, I just dont like you Join Date: Nov 2003 Posts: 10,038 iTrader: (23) Thanks: 512 Thanked 765 Times in 387 Posts	Obama says he would cut taxes for middle class Obama says he would cut taxes for middle class WAYNE, Pa. - Democrat Barack Obama told voters Saturday he would push an aggressive economic agenda as president: cutting taxes for the middle class, raising taxes on the wealthy, pouring money into "green energy" and requiring employers to set up retirement saving plans for their workers. Campaigning in Pennsylvania, a key battleground in the fall campaign, Obama said he would take a much more hands-on approach than would Republican John McCain. He again criticized McCain's proposal for a temporary halt in the federal gasoline tax. It would "actually do real harm," Obama said, by reducing revenue for road and bridge construction even as oil companies make record profits. Speaking to about 200 people in Wayne, a Philadelphia suburb, Obama made no new proposals but emphasized earlier ones in light of rising gas prices, inflation and job losses. They include a $1,000 tax cut for most working families; a new Social Security tax on incomes above $250,000; a "windfall profits" tax on oil companies; a $4,000 annual college tuition credit for those who commit to national or community service programs; and an end to income taxes for elderly people making less than $50,000 a year. Obama said he could pay for his programs by eliminating the Bush administration's tax cuts for the wealthy, winding down the Iraq war and spending more on alternative energy programs that eventually will save money. He said employers should be required to set up retirement saving plans for workers even if they contribute no money to them. Workers would automatically be enrolled unless they choose to opt out, he said. That way, he said, "most people will save more." He also vowed to spend $150 billion over 10 years to establish a "green energy sector." It would require greater fuel efficiency in cars and devote more money to solar, wind, and biodiesel energy. Taking audience questions, Obama praised Thursday's Supreme Court decision to allow detainees at Guantanamo Bay to challenge their imprisonment in federal courts. Enforcing habeas corpus rights, he said, is "the essence of who we are." Even when Nazis' atrocities became known in the 1940s, he said, "we still gave them a day in court" at the Nuremberg trials. "That taught the entire world about who we are," he said. McCain sharply criticized the court ruling, saying it would hamper the war on terrorism. Obama said McCain would be likely to appoint Supreme Court nominees who would allow states to outlaw abortion. "You're just one justice away from that," he said, alluding to the court's narrow ideological divisions. Democrats have carried Pennsylvania in the last four presidential elections, although narrowly at times. Obama lost badly in the primary here to Hillary Rodham Clinton, and he is struggling to attract white working-class voters who heavily favored her. Should McCain manage to win Pennsylvania and its 21 electoral votes, Obama would have to compensate in other areas, such as in the Rockies, where Republicans have done well in recent campaigns. http://news.yahoo.com/s/ap/20080614/...bama_economy_3 __________________ Dont cry because its over. Smile because it happened.

06-14-2008, 04:36 PM	#6 (permalink)
freeby4me No, I just dont like you Join Date: Nov 2003 Posts: 10,038 iTrader: (23) Thanks: 512 Thanked 765 Times in 387 Posts	How very true. I only posted this because I always hear how nobody knows anything of his plans, how he always skirts around it when someone asks a question. Well, maybe this will answer a few things. __________________ Dont cry because its over. Smile because it happened.

06-15-2008, 08:05 PM	#11 (permalink)
Jolie Rouge C & P Queen Join Date: Oct 2000 Location: Missin' Mesue ... Posts: 33,944 iTrader: (2) Thanks: 732 Thanked 1,398 Times in 759 Posts	During his tenure in the Senate Obama has voted to raise taxes EVERYTIME it was presented; he has NO RECORD of voting to reduce taxes. His actions speak louder then his words. JMHO. Editted to add : In the interests of "fairness" : McCains' voting record is about the same as Obama. __________________ Laissez les bon temps rouler! Going to church doesn't make you a Christian any more than standing in a garage makes you a car. a 4 day work week & sex slaves ~ I say Tyt for PRESIDENT!** Not to be taken internally, literally or seriously ....Suki ebaynni IS THAT BETTER ? Last edited by Jolie Rouge : 06-15-2008 at 08:13 PM.

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06-14-2008, 02:31 PM	#2 (permalink)
atprm hoarding glade candles Join Date: Nov 2007 Location: in a pineapple under the sea Posts: 4,495 iTrader: (14) Thanks: 223 Thanked 1,521 Times in 780 Posts	it's all b.s. that's how it is ... all talk no action...empty promises that are never fulfilled.

06-14-2008, 03:06 PM	#4 (permalink)
Bahet DAR Boss Lady Join Date: Jun 2007 Location: Arizona Posts: 1,310 iTrader: (0) Thanks: 503 Thanked 1,349 Times in 426 Posts	I agree with atprm but while I don't know about her I mean in general. I've become a political skeptic. I'll believe their promises when they happen. I don't trust any career politician. They get to be career politicians by learning not only how to play the game but how to master it. Those who aren't career politicians and run for office on actual beliefs, ideals, and the desire to make life better for their constituents are not voted in because they "don't have eneough experience". Anymore, I think not having enough experience is a plus, not a minus. Those with the experience don't care about anything but their own careers. That goes for both parties.

06-14-2008, 04:02 PM	#5 (permalink)
atprm hoarding glade candles Join Date: Nov 2007 Location: in a pineapple under the sea Posts: 4,495 iTrader: (14) Thanks: 223 Thanked 1,521 Times in 780 Posts	in general -- they are going to promise the world and none of it will come true...its just the stuff people want to hear to get them into office...then who cares is the general consensus. (heck I dont know how to spell that but it looks good to me.) LOL

06-14-2008, 07:14 PM	#8 (permalink)
lucimPI Registered User Join Date: Jun 2007 Posts: 1,248 iTrader: (0) Thanks: 204 Thanked 378 Times in 156 Posts	Being from Illinois, the only thing I can say is--YEA, when pigs can fly. I think every time he opens his mouth his nose gets longer. I could be wrong.

06-14-2008, 09:28 PM	#10 (permalink)
Bahet DAR Boss Lady Join Date: Jun 2007 Location: Arizona Posts: 1,310 iTrader: (0) Thanks: 503 Thanked 1,349 Times in 426 Posts	Have you all seen Shrek the 3rd? The scene where Pinocchio is discussing where Shrek is with Charming by speaking in double speak reminds me of a politician.