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Old 07-03-2008, 04:43 AM   #8 (permalink)
DubStyle311
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Okay, now that you got that out of you system, would you like to discuss the specific policy Obama is presenting or would you like to continue this broad ideological debate?

There is something fundamentally wrong with taking 70% of what a man earns in year (not to mention the fact that the vast majority of that tax collection will be completely wasted by the colossal federal and state bureaucracy). I'm not talking CEO's who are pulling incomes in the 8 or 9 figure range or the old money millionaires who are independently wealthy. I'm talking about the man who works hard at his job 50-60 hours a week. The man who works just as hard (if not harder given the nature of his work compared to a minimum wage job at the supermarket). The guy who also has a mortgage to pay and three kids who need to go to college. Families that dont have millions in the bank but rely on their annual income to provide for their family. The family that pays the most into the system and takes out far less than anyone else. You don't think that raising his tax bill by 15 to 20 percent is going to seriously effect his ability to make ends meet? Its too much.

I am completely for a progressive tax system. I just think it needs to be designed fairly. More tax bracket that are more fairly drawn up and reasonable tax obligations. Whats wrong with that?
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