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Senator Obama promises on his web site to reduce President Bush's tax cuts in order to pay for entitlement programs. By doing so, in reality, our taxes would go up from what they are right now. Senator Obama also states that the rich is not paying their share of taxes, even though the top 50% of earners do pay 96.03% of all taxes paid in the United States, and the top 1% earners pay 33.89% of all taxes, while the bottom 50% or middle and lower class, only pay 3.97%. While he criticizes the high-income earners, he said that he would like to give tax incentives to those corporations that create jobs in the United States. The senator wants to keep the Alternative Minimum Tax. He voted no on repealing the State tax, no on eliminating the death tax, no on raising the State tax exemption, and he wants to increase the Social Security Tax.

Obama also wants to raise the Capital Gains Tax which is stupid, and ignores the implications this will have in the business world.

<blockquote data-quote="BigRob" data-source="post: 39461" data-attributes="member: 628">Senator Obama promises on his web site to reduce President Bush&#039;s tax cuts in order to pay for entitlement programs. By doing so, in reality, our taxes would go up from what they are right now. Senator Obama also states that the rich is not paying their share of taxes, even though the top 50% of earners do pay 96.03% of all taxes paid in the United States, and the top 1% earners pay 33.89% of all taxes, while the bottom 50% or middle and lower class, only pay 3.97%. While he criticizes the high-income earners, he said that he would like to give tax incentives to those corporations that create jobs in the United States. The senator wants to keep the Alternative Minimum Tax. He voted no on repealing the State tax, no on eliminating the death tax, no on raising the State tax exemption, and he wants to increase the Social Security Tax.Obama also wants to raise the Capital Gains Tax which is stupid, and ignores the implications this will have in the business world.</blockquote>

[QUOTE="BigRob, post: 39461, member: 628"] Senator Obama promises on his web site to reduce President Bush's tax cuts in order to pay for entitlement programs. By doing so, in reality, our taxes would go up from what they are right now. Senator Obama also states that the rich is not paying their share of taxes, even though the top 50% of earners do pay 96.03% of all taxes paid in the United States, and the top 1% earners pay 33.89% of all taxes, while the bottom 50% or middle and lower class, only pay 3.97%. While he criticizes the high-income earners, he said that he would like to give tax incentives to those corporations that create jobs in the United States. The senator wants to keep the Alternative Minimum Tax. He voted no on repealing the State tax, no on eliminating the death tax, no on raising the State tax exemption, and he wants to increase the Social Security Tax. Obama also wants to raise the Capital Gains Tax which is stupid, and ignores the implications this will have in the business world. [/QUOTE]

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