--- In AsburyPark@yahoogroups.com, "oakdorf" <[EMAIL PROTECTED]> wrote:
>
> All the talk about low income, the poor , the middle class, upper and
> the rich and I've been trying to calculate at the end of the year,
> where does each wind up if it (the household) were a business.
>
> I need some expert midns on this and writers...
>
There are handouts all around the table, not just the poor or
minorities. The deductibility of mortgage insurance is one of the
largest "refundables" or subsidies.
>From TIME
He attacks Obama's tax plan as a form of "spreading the wealth"--the
words Obama used when talking to Joe the Unlicensed Tax Dodger in
Ohio--because Obama would reduce taxes on the middle class and pay for
it by restoring Clinton-era marginal tax rates on the wealthy. And
yet, McCain proudly voted for a major tax hike and wealth
redistribution scheme in his early days in his early days in Congress.
In fact he touts it regularly, including on Fox News Sunday, as
bipartisan cooperation at its finest:
Ronald Reagan's agenda was very different from that of Tip
O'Neill's. Yet Ronald Reagan and Tip O'NEILL sat down together across
the table and sat down and worked out a way to save Social Security
for quite a period of time.
In fact, that was an enormous--and necessary--tax increase, but it
tilted heavily against working Americans. Payroll taxes have been
increased no fewer than seven times since Reagan was President and, so
far as I know, never been cut--but large capital gains and marginal
rate cuts, and all sorts of corporate loopholes, have been built into
the tax system during that same period--a massive redistribution of
wealth toward the wealthy.
------------------------------------
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