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smalldeadanimals.com - 10/15/2008

This Is Not Fair!

— smalldeadanimals.com — For those of you who missed the magic moment last evening. Related: He IS big. It's the... politics that got small.... (more) This Is Not Fair!

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Obama's "Tax Cuts"
Ace of Spades HQ — ... workers earning $45-$85, a 3% increase in the marginal rate may not seem all that bad, but consider that the average rate of inflation between 1997-2007 was about 2.5% and it's increased a bit faster this year. Many workers, however, do not receive wage increases that match the rate of inflation, which is effectively a wage reduction. Take another 3% out of those paychecks and Obama's tax cut plan could mean a 3-5% reduction in spending power for a good number of American families. All in the name of "fairness."

Obama the Socialist
USS Neverdock — We're starting to see a pattern here. "GIBSON: And George Bush has taken it [capital gains tax] down to 15 percent. OBAMA: Right. GIBSON: And in each instance, when the rate dropped, revenues from the tax increased; the government took in more money. And in the 1980s, when the tax was increased to 28 percent, the revenues went down. So why raise it at all, especially given the fact that 100 million people in this country own stock and would be affected? OBAMA: Well, Charlie, what I've said is that ...