Obama’s tax cuts would be greater than McCain’s

I’m not updating on Burma-relating topics for the time being because I’ve been mostly following the American presidential race. Just less than 2 months left.

The more informed I am, the more I despise McCain. I remember during his acceptance speech at the Republican National Convention, he blatantly lied to the American public about him lowering taxes and Obama raising taxes and the crowds just ate it up. Most Americans probably ate it up too, being just as uninformed as the delegates in the convention. But in fact, Obama would lower taxes for more people. And the sad thing is, the people who support McCain probably have no idea.

[Obama] is proposing tax cuts for most families that are significantly larger than those McCain is offering, along with major tax increases for families making more than $250,000 a year.

For the bottom 80 percent of the population — those households making $118,000 or less — McCain’s various tax cuts would mean a net savings of about $200 a year on average. Obama’s proposals would bring $900 a year in savings. So for most people, Obama is the tax cutter in this campaign.

All told, Obama would not only cut taxes for most people more than McCain would. He would cut them more than Bill Clinton did and more than Hillary Clinton proposed doing.

— “How Obama Reconciles Dueling Views on Economy,” New York Times Magazine (link)

In my family, most of us are independents who lean Democratic. The few who are Republicans are Republicans solely for fear of income taxes and other taxes. It’s sad to see how their party affiliation rests solely on taxation and how easily they’re swayed by what comes out of McCain’s mouth.

I think when John McCain jokingly said that the rich were those making over $5 million a year, he just didn’t understand that class does matter in this country. It’s a living, breathing force that plays a huge role in the way people live. How else can the government and aid organizations target certain demographics for assistance? It was unbelievably crude that he thinks he can create some utopian paradise where everyone is equal. The best the government can do is to redistribute wealth while sustaining the economy, and Obama’s plan, if you take the time to read that long article in the NY Times, actually makes sense, even for an average person like myself.

I think the problem is that Obama doesn’t hit hard enough. Americans aren’t clear what he’ll do for them still, because he can’t convey all of these good ideas amidst the politics… If the American voters fail to see through the mist and vote for biography rather than real substantial plans, I can easily say that my own people, the people of the country have failed themselves.

One thought on “Obama’s tax cuts would be greater than McCain’s

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s