Posted by martin:
Posted by djsunyc:
from cnn (source: tax policy center)
tax impact from obama + mccain...
income obama mccain
38-66k -$1,042 -$319
66-112k -$1,290 -$1,009
227-603k +$12 -$7,871
603k+ +$115,974 -$45,361
[Edited by - djsunyc on 09-10-2008 10:32 PM]
the 603k+ group represents top ~1.1% of taxpayers.
The breakout I would like to like see is what the change in total tax revenues these changes represent for each pay scale sector. And then a nice total at the bottom. McCain is lowering taxes across the board... how the **** are we supposed to be LOWERING the tax revenues while keeping up with Iraq, Afghanistan, oil prices, Baby boomers who are going to hit social security and the health care system like a 21-year-old hits the ATM just before Friday night Happy Hour, etc.
What I would do is put a special one-time assessment on individuals with net worth's over 10mm$. This would be the area I would hit *super wealth*. There is just way to much money that has shifted to the super wealthy and it has caused an imbalance and the way to correct is by special assemssment. If an individual's net worth is 46mm he will have to pay a special assessment of 4.6MM to a fund that directly pays to the national debt. Does it effect this person's lifestyle? NO
Do the numbers--a special 10% assessment on individuals with 10mm in more in net worth would wipe out the national debt. Unfortunately it's these people who run everything.
9/11/2008 7:54 PM
