A Visual Comparison of the Obama and McCain Tax Plans

probably not impartial, coming from Obama’s supporters.

try this:

http://www.jeremiahfilms.com/released/McCain-vs-Obama/mccainobamataxes.jpg

from:

http://www.jeremiahfilms.com/released/McCain-vs-Obama/taxes.html

peace,

-=T=-

Admittedly, by the chart you provided, Obama is breaking the typical democrat mold and promising more tax cuts to more people than the republican side. But who is going to spend less? What about universal health care? How much is that going to cost? What about more federal “hand-outs” (welfare, minimum wage)? What about increased regulators for Wall Street? What about the indisputable negative (however “minor” they may be claimed) effects on the economy by cutting corporate gains, CEO salary maximums, regulations, and increased taxes for wealthy investors/shareholders/entrepreneurs? True! McCain may carry out in Iraq longer than Obama. (And they both may get involved in Iran, Pakistan, N Korea, China or Russia.) But it is hard to claim that Obama is going to be hands down, the more fiscally conservative candidate.

Also, semi-related; your latest Twitter:

Indication of a Problem: “A full day’s work at the federal minimum wage won’t even pay for a single tank of gas.”

So at $6.55 for 8 hours of paper pushing, bagging groceries, cleaning plates off a table, answering phones or just laying concrete… would get you about $52 for the day. At $3 a gallon, you would get over 17 gallons of gasoline, a full tank for most cars. Where again is the problem? Is the price of gas the problem or is the pay wage the problem? The oil you are paying for is getting drilled out of the ground on the other side of the world with expensive machinery, packaged/refined and shipped via huge tanker to the US (17 gallons weighing about 100lbs), to be further packages/refined and shipped via trucks to the gas station which then does most of the pumping work for you to fill up your car in only a few minutes. Plus Federal/state/local taxes. Plus safety regulations. As much as people may need gasoline and has become a weekly ritual, gasoline is still a very expensive and complicated enterprise.

The dude making minimum wage is doing work that is likely worth much less than $6 but the company is forced to pay him more and so in return can afford to employ less workers. The guy is working a job that requires very little real talent or skills and is obviously a job that “a monkey can do”. The job likely has a very high turn over rate meaning constant retraining of new employees. There is very little to no responsibility or accountability. There would be plenty of time to slack off or at least half-ass it. If the employer fires you, you can always find a new minimum wage job and it would cost the employer to scramble to find a replacement.

So somehow that is a problem? It is unfair? Is the guy entitled to earn more for his limited contribution? Is the guy entitled to cheaper gasoline? Should the government step in raise the minimum wage even higher to help poor Joe sixpack afford more gasoline and ignore (yet again) the further externalities of this price floor.

@ Shane

“The dude making minimum wage is doing work that is likely worth much less than $6 but the company is forced to pay him more and so in return can afford to employ less workers. The guy is working a job that requires very little real talent or skills and is obviously a job that “a monkey can do”. The job likely has a very high turn over rate meaning constant retraining of new employees. There is very little to no responsibility or accountability. There would be plenty of time to slack off or at least half-ass it. If the employer fires you, you can always find a new minimum wage job and it would cost the employer to scramble to find a replacement.”

This whole situation is a red herring. The point of the position of employment being so temporary because of it’s low pay creating a high turnover rate makes the job a commodity in a wide pool of personell that know “they better do a good job if they want to keep it.” People either get those kind of crazy ideas spending a few months facing the realistic prospect homelessness and starvation, or they don’t get those concepts at all.

This is the reason for attrition, and facilitates in part a matriculation into our modern work force. You want a sports car and don’t have someone to buy it for you? Well, earn it, or enjoy dreaming about not having it. The same thing goes for bottom feeders, neophytes to our modern economy, beginners, whatever you’d like to call them, when they are lumped in with the general population after highschool graduation. To some, Not Starving is a luxury. To others, not striving is a shame.

As to the rest, it’s pretty sound.

Now, in the wake of the threat of an Obama administration, mandated health insurance premiums for employees are now facing a likely increase, and that is where Joe Sixpack is facing a ceiling that will drive a wedge between classes, disabling Joe from leaping from Employee to Employer as he won’t be so able to find necessary increased funding for his independant business enterprise that his forebears faced during the Bush II Administration. In addition to that, self employment ventures are facing a huge increase in taxes, which effectivly will shut down many small businesses already on their feet.

-=T=-