I am not trying to persuade people to vote against Obama. In fact, I have even accepted the likelihood that he is going to win the election and be our next President. However, the guy is fucking retarded.
I hate people who cannot deliver on their promises. I have even greater disdain for people who make absurd promises. Barak Obama has made some ridiculous promises he cannot possibly achieve and these are going to fuck up our economy. To be quite honest, I don't give a shit about Iraq or the environment or anything too far to affect my life. Yes, I am brutally honest when I say this, I am selfish. I want my country to have a strong economy so I can go out and buy the shit I want to buy. Kids in Iraq are not going to help me buy my 42-in plasma. Saving the environment is not going to contribute to my 401K. I cannot live the lifestyle I want based solely on "moral obligations" or "spreading the wealth".
Obama, get some common sense. He wants to give 95% of American families a tax cut. Great, I love tax-cuts. Too bad 41% of Americans do not even pay fucking taxes! How is that even possible?! You cannot give 95% people a tax break when only 59% pay taxes in the first place. Ok, so maybe you mean you will give those 41% of people a tax credit. Still, does that even make sense? We are cutting taxes yet we are giving people tax credits? When they do not even pay taxes, what the fuck are they doing with tax credits?! Who is going to make up for the money Obama wants to spend? It's going to be from the other Americans that do pay taxes aka me. Sourced from the Tax Foundation.
"During 2006, Tax Foundation economists estimate that roughly 43.4 million tax returns, representing 91 million individuals, will face a zero or negative tax liability. That's out of a total of 136 million federal tax returns that will be filed. Adding to this figure the 15 million households and individuals who file no tax return at all, roughly 121 million Americans—or 41 percent of the U.S. population—will be completely outside the federal income tax system in 2006.1 This total includes those who pay no tax, and those who pay some tax upfront and are later refunded the full amount of the tax paid or more."
And Obama wants to create a huge government health program, increase education spending, spread wealth, and eliminate the federal deficit. Not possible without raising more money through more taxes. So it makes no sense to me why he can deliver on any of his promises.
And another thing, Obama keeps saying McCain voted with Bush 95% of the time. Good job of understanding the way our government works you fuck. Bush does not even vote because he is not in the House or Senate so how could someone vote with him 95% of the time. I know, McCain said that himself but make fun of his error but do not use that as a fact to trick Americans.
Stop spreading my wealth around Barak Obama. I want my fucking 42 inches of pure HDTV joy.
I wish J.R. McCarthy was around to see Obama's ass to prison for communist ideals.
Edit on 11/20/2008: This is what the WSJ had to say about this
"Mr. Obama's tax plan includes creating or expanding nine or more federal income tax credits mostly focused on low- and moderate-income earners, with an estimated cost of $1.3 trillion over 10 years. These tax credits are provided for certain social purposes, such as child care, health care, education, housing and retirement. Buried amid these is Mr. Obama's purported tax cut for the middle class.
For the bottom 40% of income earners, who pay no federal income taxes on net today, these refundable income tax credits will not reduce tax liability but instead result in new checks from the federal government for the targeted social purposes. That's not a tax cut. It's welfare.
These tax credits will do little or nothing to promote economic growth because they do not reduce marginal tax rates -- the rate on the next dollar of income -- to provide powerful, meaningful incentives for productive activities such as investment, entrepreneurship and work. A tax credit is effectively a cash grant that can only affect incentives up to the amount of the grant. Indeed, such tax credits would likely reduce economic growth because the credits are phased out as income rises, and so effectively impose higher marginal tax rates over those income levels."
Man I called this shit last month, get on your game Rupert Murdoch
Friday, October 31, 2008
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