Sigh California's prop 8 passes now i gotta like look at people and be disgusted with 54% of them.

Hopefully Americans will realize within 6 months what a mistake they made after Obama takes office in January, before it is too late.

Heavily doubt. It's a fact that McCain will bring the national debt much higher.

Actually Obama is. He plans on taxing heavily on the rich. The rich is 5% of the world. I wonder how 5% will help pay off more than trillions of dollars.

There are billionaires such as Bill Gates that had preferred Obama over McCain. It's not fair where millionaires and billionaires gets more money and usually does not pay a dime to taxes where the middle class and lower class that can hardly reach an upper class status will find it bullshit to see themselves taxed.

That still doesn't help in paying off the debt. Let's not forget, billionaires and millionaires can avoid paying high taxes by giving into charity, scholarships, and donations.

Thank GAWD!

The rich 5% of this country make more than the other 95% combined. Raising taxes on them and lowering them on the other 95% will still increase the amount of money received through taxes due to the sheer amount of wealth they possess.

Also, McCain agrees: http://www.youtube.com/watch?v=X2JPbQOHEkY

As if they can do anything.

Lol, true that. Obama won both popular and electoral votes right?

Yes, that's more than Bush can say.

Won't the rich just raise their prices for their goods to compensate, thus in essence the government is taxing the poor? Seriously, why hasn't anyone except my soc teacher seen this.

then lets raise the sales tax? (for major appliances) nobody is gonna want higher price goods supply and demand right here

Well, Obama is black, and Bill Gates is White. Its "Racist" that he doesn't support him, its all in Bag, and Obama Won.
Now take your one tracked and one sided mind and go to college.

Post has been edited 1 time(s), last time on Nov 5 2008, 3:54 pm by Mini Moose 2707. Reason: Flaming

How is "rich" being defined here?
Whatever - let's imagine 100 people. 5 of them make $100/day, 95 of them make $5 a day each. Each person pays $3/day for living expenses. Where is most of the usable money?

Supply and demand and competition will keep them down.

Rich = people making > 600k a year.

Anybody notice that small buisinesses fall into that "$250,000 a year salary" category?

Small buisiness with 4 employees making $50,000 dollars a year. They need $200,000 just to pay them, not to mention the standard benefits, not counting the building, utilities and the money they need to actually run the buisiness. They, for the sake of argument, need $300,000 a year to stay afloat. Now, they need to pay higher taxes, they don't have enough money, they lay off one of their workers.

I'm not even going to mention the dangers of taking money from those who've earned it to those who don't have to do anything for it.

Moron? You're calling me a moron? I might as well call you a moron for bringing an irrelevant argument. What the hell does ethnicity have to do with this? The majority of Americans voted for Obama because of his foreign policies and the views on the economy, not the fact that he's half African.

Well we'll have to see if the tax on businesses gets passed. Let's hope not.

Obama. It pains me but he won by a freaking ton.