Obama's New Tax Plan Goes Under Attack
Tags: the young turks barack obama john mccain economic plan democratic president nominee republican tax
Length: 5:27
Description: Watch more at http://www.theyoungturks.com
Author: TheYoungTurks
Source: YouTube
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For all you who oppose Obama's tax cuts, take a look at the data. Under Bill Clinton, when tax brakes were given to the middle class, we had a SURPLUS. Under Bush's trickle down economy, we have the worst economic conditions since the GREAT DEPRESSION. And unless you think that the two are not related, the economy was pretty bad under Bush Sr. also. Obama is taking the tax code back to the Clinton era--which by all accounts ain't bad.
• alterarr on 09-Nov-08
There will always be whining from the rich when there is a tax increase. The highest marginal tax rate in this country was 70% as late as 1980. No matter how low you cut it, they will still complain about taxes. If they paid 5% and you wanted to raise it to 7%, they would still whine. Nobody likes taxes; they are a necessary evil. The best thing is to ignore the barking and move forward.
• zorath1970 on 06-Nov-08
It's not a tax cut if you don't pay taxes. And yes, it's MY money if I earn it. It doesn't belong to the government, nor does it belong to my neighbor. If the government takes money from me and gives it to people who paid no taxes, it is theft. Plain and simple. And the rich will still pay a higher percentage and more money so why the whinging about them getting a tax cut?
• philsorenson2000 on 06-Nov-08
Buddy, (youngturks)you are a very strange person, and you scare me. Not surprised you're voting Obama.
• menana2u on 04-Nov-08
Your ad hominem attack has no substance. Tell us why he is wrong with actual evidence and reasoned arguments, not just empty insults.
• pokermaster54 on 04-Nov-08
No Dillweed. It's only a tax cut if you PAY TAXES! It's welfare if you don't pay taxes and get a refundable tax cut (as Obama has proposed.) I suggest you do more research before you make yourself look foolish on video.
• mcpeace00 on 03-Nov-08
Of course more people will get tax cuts under Obama, the unemployed don't have to pay income taxes. Raise taxes on businesses and unemployment increases. Also, with his plan to increase the minimum wage, increases unemployment even more. There is 50 years of data to support this. The next four years will be great watching all of you Obamabots cry and complain. On top of this, the Dems want to end the IRAs and 401Ks and have everyone enroll in GRAs and put their money in bonds to fund the gov.
• caltvater on 30-Oct-08
You dont pay taxes your goin away. MOST ILLEGAL IMMIGRANTS DONT PAY TAXES.
• wolfeyes217 on 29-Oct-08
Fail? More Whites on welfare then whites? I think you failed typing lol.
• wolfeyes217 on 29-Oct-08
opps more whites then black
• NoticeOfDefault on 24-Oct-08
For all you who oppose Obama's tax cuts, take a look at the data. Under Bill Clinton, when tax brakes were given to the middle class, we had a SURPLUS. Under Bush's trickle down economy, we have the worst economic conditions since the GREAT DEPRESSION. And unless you think that the two are not related, the economy was pretty bad under Bush Sr. also. Obama is taking the tax code back to the Clinton era--which by all accounts ain't bad.
• alterarr on 09-Nov-08
There will always be whining from the rich when there is a tax increase. The highest marginal tax rate in this country was 70% as late as 1980. No matter how low you cut it, they will still complain about taxes. If they paid 5% and you wanted to raise it to 7%, they would still whine. Nobody likes taxes; they are a necessary evil. The best thing is to ignore the barking and move forward.
• zorath1970 on 06-Nov-08
It's not a tax cut if you don't pay taxes. And yes, it's MY money if I earn it. It doesn't belong to the government, nor does it belong to my neighbor. If the government takes money from me and gives it to people who paid no taxes, it is theft. Plain and simple. And the rich will still pay a higher percentage and more money so why the whinging about them getting a tax cut?
• philsorenson2000 on 06-Nov-08
Buddy, (youngturks)you are a very strange person, and you scare me. Not surprised you're voting Obama.
• menana2u on 04-Nov-08
Your ad hominem attack has no substance. Tell us why he is wrong with actual evidence and reasoned arguments, not just empty insults.
• pokermaster54 on 04-Nov-08
No Dillweed. It's only a tax cut if you PAY TAXES! It's welfare if you don't pay taxes and get a refundable tax cut (as Obama has proposed.) I suggest you do more research before you make yourself look foolish on video.
• mcpeace00 on 03-Nov-08
Of course more people will get tax cuts under Obama, the unemployed don't have to pay income taxes. Raise taxes on businesses and unemployment increases. Also, with his plan to increase the minimum wage, increases unemployment even more. There is 50 years of data to support this. The next four years will be great watching all of you Obamabots cry and complain. On top of this, the Dems want to end the IRAs and 401Ks and have everyone enroll in GRAs and put their money in bonds to fund the gov.
• caltvater on 30-Oct-08
You dont pay taxes your goin away. MOST ILLEGAL IMMIGRANTS DONT PAY TAXES.
• wolfeyes217 on 29-Oct-08
Fail? More Whites on welfare then whites? I think you failed typing lol.
• wolfeyes217 on 29-Oct-08
opps more whites then black
• NoticeOfDefault on 24-Oct-08
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