Obama Tax Plan Calculator
This calculator allows you to calculate your tax cut under the Obama-Biden plan. It compares the results with what you would get from the McCain-Palin plan also. It seems too simplistic and I’m sure this isn’t an accurate number, but I think this shows how Obama uses technology to get his point across. WordPress is weird when it comes to these types of widgets, so to use it you may have to click to view the full calculator at http://taxcut.barackobama.com.
October 15th, 2008 at 10:30 pm
Hi Duck. Enjoyed you on BMWKs debate chat. Thumbs up to the email and ditto.
This calculator is cool. I’ll be back soon to read more of blog.
October 24th, 2008 at 2:11 pm
Obama’s tax plan will destroy the Social Security system.
Obama says his income tax plan will lower taxes for 95% of Americans. There is just one problem with this, 40% of Americans already pay no income tax. Obama’s response to this is that these people pay Social Security tax. Well, that’s not income tax, but a contribution to their retirement plan. So if he wins and implements his tax plan, for the first time in the history of Social Security, 40% of the people who will get retirement benefits will have paid nothing for them. Social Security will then loose all pretext of being a retirement plan, and will become a national welfare program.
This will cause Social Security to lose public support in a massive way. Leave Social Security contributions out of income tax plans. If you take some peoples income taxes to pay others Social Security taxes, Social Security will be destroyed forever.
http://strategicthought-charles77.blogspot.com/2008/10/obamas-tax-plan-will-destroy-social.html
October 24th, 2008 at 3:08 pm
Charles, isn’t that happening with Social Security & Medicare right now? It’s doomed to one day be gone forever. Social Security is a big issue and I don’t think anyone has a plan on what to do.