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  1. #1
    thegodfather's Avatar
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    Exclamation Obama Tax plan explained in detail (VIDEO)

    For all of you debating many of the tax plans between the candidates. I found a somewhat objective (Libertarian) video which explains it in detail. This is not partisan nonsense, it is objective fact.

    http://www.youtube.com/watch?v=ADdgmfVWAkM

  2. #2
    Kratos's Avatar
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    very good video
    I've watched it before

  3. #3
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    Excellent Video!

  4. #4
    Fat Guy's Avatar
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    Here’s another video explaining the same thing for the lay person / avergae blue collar guy…

    http://www.youtube.com/watch?v=5ksUk...eature=channel

    This guy also works for the Cato Institute

  5. #5
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    nice

  6. #6
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    Go Obama

  7. #7
    Kratos's Avatar
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    Quote Originally Posted by DSM4Life View Post
    Go Obama
    yeah, I guess...go horrible tax plan that slows the economy for nothing or at best almost no benifit to tax revenue.

  8. #8
    SMCengineer is offline Anabolic Member
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    Quote Originally Posted by Kratos View Post
    very good video
    I've watched it before
    Quote Originally Posted by Fat Guy View Post
    Here’s another video explaining the same thing for the lay person / avergae blue collar guy…

    http://www.youtube.com/watch?v=5ksUk...eature=channel

    This guy also works for the Cato Institute
    Wait, you guys have been visiting the Cato institute? Is it possible you're both libertarian converts?

  9. #9
    Fat Guy's Avatar
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    Quote Originally Posted by Blome View Post
    Wait, you guys have been visiting the Cato institute? Is it possible you're both libertarian converts?

  10. #10
    SMCengineer is offline Anabolic Member
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    ^^the Mises Institute is better, IMO.

  11. #11
    thegodfather's Avatar
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    Quote Originally Posted by Blome View Post
    ^^the Mises Institute is better, IMO.
    Man, I quoted the Mises in class...My professor is openly a member of the Socialist party (hes from the UK)...man did he have a field day telling me how highly idealistic they were and that they were extremely biased, bla bla bla...

  12. #12
    Kratos's Avatar
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    Quote Originally Posted by Blome View Post
    Wait, you guys have been visiting the Cato institute? Is it possible you're both libertarian converts?
    Me? You always knew I wasn't too far off I'm sure. I'm not a pure libertarian, but I'm sure not mainstream rep/dem.

  13. #13
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  14. #14
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    Its funny how so many anti-Obama groups mention the tax hikes for upper income people failing to mention most are so tax sheltered that an increase in their taxes doesn't mean the same thing as it does to a working persons taxes.

    Give it up. The conservatives and Bush have crushed our economy the last 8 years. How someone can remain in their corner is amazing but then again David Blane levitates so anythings possible I guess.

  15. #15
    thegodfather's Avatar
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    Quote Originally Posted by Lozgod View Post
    Its funny how so many anti-Obama groups mention the tax hikes for upper income people failing to mention most are so tax sheltered that an increase in their taxes doesn't mean the same thing as it does to a working persons taxes.

    Give it up. The conservatives and Bush have crushed our economy the last 8 years. How someone can remain in their corner is amazing but then again David Blane levitates so anythings possible I guess.
    WRONG... Conservatives have done nothing to crush our economy. NEO-CONSERVATIVES are the culprits. They are not true conservatives in any sense of the word. Do not even put us into the same category as neo-conservatives, thank you. Fiscal conservatism and free market economics WORK, its proven, but fiscal conservatism and free markets is NOT what we have had for the last 8 years by any means. We haven't had a true free market economy in this country in 90-100 years. Yet the neo-conservatives like to masquerade their big government, defecit spending, and sheltering of certain industries through legislation as a "free market." Whats worse, is that the liberals and Dems on the left try to pass this BS off as being a "failure" of free market and limited government, which it most certainly is not.

  16. #16
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    Quote Originally Posted by thegodfather View Post
    Whats worse, is that the liberals and Dems on the left try to pass this BS off as being a "failure" of free market and limited government, which it most certainly is not.
    Liberals have made the biggest strides for free market. Look at all that Clinton did during his administration for free markets with NAFTA and the China Free Trade Agreement.

  17. #17
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    Quote Originally Posted by Lozgod View Post
    Liberals have made the biggest strides for free market. Look at all that Clinton did during his administration for free markets with NAFTA and the China Free Trade Agreement.
    Why would you bring up those horrible agreements? No it isn't strides in the free market because the same rules don't apply depending on the industry.

    http://www.epi.org/content.cfm/briefingpapers_bp147

    http://americas.irc-online.org/am/4794

    If you want to eliminate subsidized farming and minimum wages and a whole bunch of other stuff, then it would be a step towards free market. What it created is subsidized illigal immigration. You need equal lack of govt intervention for trade to be free and equal.

  18. #18
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    For the record blome, I had a choice of Obama, McCain, or Nader in CT.

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  20. #20
    SMCengineer is offline Anabolic Member
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    Quote Originally Posted by Kratos View Post
    For the record blome, I had a choice of Obama, McCain, or Nader in CT.
    Some great choices you got there, haha. We had the whole gamut of choices here in NY. And yeah, I knew you leaned towards libertarianism you're just not fully there...yet.

  21. #21
    SMCengineer is offline Anabolic Member
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    Quote Originally Posted by Lozgod View Post
    Liberals have made the biggest strides for free market. Look at all that Clinton did during his administration for free markets with NAFTA and the China Free Trade Agreement.
    Um...if look back over the past 100 years you'll see just how wrong you are about that statement. I won't even bring up the complete contradiction of the latter part of your post.

  22. #22
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    To hell with Democrats/Liberals/Obama and their tax plans (if you can even call them plans.)

    In the words of one great philosopher...I'm going 'STRAIGHT CASH HOMEY!'

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