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By devpro

Views: 5080

"This weekend," Sen. John McCain, R-Ariz., said today, "a plumber concerned that Senator Obama was going to raise his taxes asked him directly about his plan. The response was telling. Senator Obama explained to him that he was going to raise his taxes to quote 'spread the wealth around.'" Is that what happened? Judge for yourself -- here's the exchange.(Watch the video)Outside Toledo, Ohio, on Sunday, Sen. Barack Obama, D-Ill., was approached by plumber Joe Wurzelbacher, a big, bald man with a goatee who asked Obama if he believes in the American dream. "I'm getting ready to buy a company that makes 250 to 280 thousand dollars a year," Wurzelbacher said. "Your new tax plan is going to tax me more, isn't it?" Obama said, "First off, you would get a 50% tax credit so you'd get a tax cut for your healthcare costs….. if your revenue is above 250 – then from 250 down, your taxes are going to stay the same. It is true that from 250 up – from 250 – 300 or so, so for that additional amount, you’d go from 36 to 39%, which is what it was under Bill Clinton. And the reason why we’re doing that is because 95% of small businesses make less than 250. So what I want to do is give them a tax cut. I want to give all these folks who are bus drivers, teachers, auto workers who make less, I want to give them a tax cut. And so what we’re doing is, we are saying that folks who make more than 250 that that marginal amount above 250 – they’re gonna be taxed at a 39 instead of a 36% rate.” Responded Wurzelbacher, "the reason I ask you about the American dream, I mean I've worked hard. I'm a plumber. I work 10-12 hours a day and I'm buying this company and I'm going to continue working that way. I'm getting taxed more and more while fulfilling the American dream." "Well," said Obama, "here's a way of thinking about it. How long have been a plumber?" Wurzelbacher said 15 years. Obama says, “Over the last 15 years, when you weren’t making 250, you would have been given a tax cut from me, so you’d actually have more money, which means you would have saved more, which means you would have gotten to the point where you could build your small business quicker than under the current tax code. So there are two ways of looking at it – I mean one way of looking at it is, now that you’ve become more successful through hard work – you don’t want to be taxed as much.” “Exactly," Wurzelbacher said. Obama continued, “But another way of looking at it is 95% of folks who are making less than 250, they may be working hard too, but they’re being taxed at a higher rate than they would be under mine. So what I’m doing is, put yourself back 10 years ago when you were only making whatever, 60 or 70. Under my tax plan you would be keeping more of your paycheck, you’d be paying lower taxes, which means you would have saved…Now look, nobody likes high taxes." "No," said Wurzelbacher. "Of course not," said Obama. "But what’s happened is that we end up – we’ve cut taxes a lot for folks like me who make a lot more than 250. We haven’t given a break to folks who make less, and as a consequence, the average wage and income for ordinary folks, the vast majority of Americans, has actually gone down over the last eight years. So all I want to do is – I’ve got a tax cut. The only thing that changes, is I’m gonna cut taxes a little bit more for the folks who are most in need and for the 5% of the folks who are doing very well - even though they’ve been working hard and I appreciate that – I just want to make sure they’re paying a little bit more in order to pay for those other tax cuts. Now, I respect the disagreement. I just want you to be clear – it’s not that I want to punish your success – I just want to make sure that everybody who is behind you – that they’ve got a chance at success too.” Wurzelbacher said it seemed as though Obama might support a flat tax. Obama says, “you know, I would be open to it except here’s the problem with a flat tax is that if you actually put a flat tax together, in order for it to work and replace all the revenue that we’ve got, you’d probably end up having to make it like about a 40% sales tax. I mean that’s the value added, making it up. Now some people say 23 or 25, but in truth when you add up all the revenue that would need to be raised, you’d have to slap on a whole bunch of sales taxes on. And I do believe for folks like me who have worked hard, but frankly also been lucky, I don’t mind paying just a little bit more than the waitress that I just met over there who’s things are slow and she can barely make the rent." Obama said, "My attitude is that if the economy’s good for folks from the bottom up, it’s gonna be good for everybody. If you’ve got a plumbing business, you’re gonna be better off if you’re gonna be better off if you’ve got a whole bunch of customers who can afford to hire you, and right now everybody’s so pinched that business is bad for everybody and I think when you spread the wealth around, it’s good for everybody." That's the key moment McCain is jumping out…"when you spread the wealth around it's good for everybody." "But listen," Obama said, shaking Wurzelbacher's hand, "I respect what you do and I respect your question, and even if I don’t get your vote, I’m still gonna be working hard on your behalf, because small businesses are what creates jobs in this country and I want to encourage it.” "Guys I gotta get out of here and go prepare for the debate," Obama said, "but that was pretty good practice right there."From ABC NEWS:By:Jake Tapper - He is ABC News' Senior National Correspondent based in the network's Washington bureau. He writes about politics and popular culture and covers a range of national stories.

By mreynold08

Views: 5080

House Republicans on Monday blamed a partisan speech from Speaker Nancy Pelosi for the failure of a massive Wall Street bailout measure. “I do believe that we could have gotten there today had it not been for this partisan speech that the speaker gave on the floor of the House,” House Minority Leader John Boehner (R-Ohio) said, adding that Pelosi “poisoned” the GOP conference.Deputy Minority Whip Eric Cantor (R-Va.) held up a copy of Pelosi’s floor speech at a press conference and said she had “failed to listen and to lead” on the issue.The Speaker had blasted the Bush administration in her speech and Minority Whip Roy Blunt (R-Mo.) asserted that some GOP lawmakers, who had reluctantly agreed to support the bill, might have changed their minds following Pelosi’s remarks.Pelosi had said that the $700 billion price tag of the measure “is a number that is staggering, but tells us only the costs of the Bush Administration’s failed economic policies — policies built on budgetary recklessness, on an anything goes mentality, with no regulation, no supervision, and no discipline in the system.”Democrats noted that a majority of Republicans had opposed the bill, while a majority of Democrats supported it.

By ctakerian

Views: 5078

This quick tutorial will guide you through the set-up process so that you can access BRUNO's Online Training Sessions. This account will then give you access to the Dealer Extranet and for Lead Management for Sales Success Workshops

By sprez

Views: 5042

This Scate Ignite presentation was created by Michigan MiddleSchools Students and will be shown shown in the model classroom at the2009 Macul Conference in Detorit, MiJoin the sponsor - Scate Technologies, Inc. for the 2009 MACUL Conference at the Cobo Center in Detroit, MI March 18-20MACULwill host the 33rd annual conference at the Cobo Center in Detroit.  Welook forward to over 3,000 educators attending from throughoutMichigan, neighboring states, and Canada. Conference participants willlearn about innovative, technology-related programs and have access toan extensive exhibit area which highlights hardware, software,computer-related materials, and other educational technology.

By Sizzler

Views: 5039

Google Launched the "beta" version of it's long anticipated Chrome Browser yesterday, Sept. 1, 2008. Google Chrome, one of the worst kept secrets in modern computing, promises to provide faster browsing, and an easy to understand environment. While those benefits might help us consumers right now, Google's long term strategy behind Chrome is to better support web-based applications, and of course, to get a foothold on our desktops. Yes, it can be said that Google Chrome is Google's first serious attempt to chip away at the desktop operating system, like Windows and even Mac OS. The future, as Google sees it, is a search-based world, and they are either just plain right, or it will become a self-fulfilling prophecy. Either way, Google wins.

By Fluxtrol

Views: 5033

Learn through the following case story, "Design of Stress Relieving Coil and Process", how savings were accomplished due to induction coil and process optimization.

By 007

Views: 5031

Phils parade ticketsBy Rachael SamuelsThe Phillies World Championship parade route and time have been set but what about tickets?John Weber, Vice-President of Ticket Sales for the Phillies says there's only one way to get tickets to tomorrow's festivities at the ballparks. Even if you get tickets to Lincoln Financial Field you will still see your Phillies as they parade through with the trophy before heading across the street to Citizen's Bank Park. The parade will begin at City Hall, before heading down Broad Street and ending at Citizens Bank Park.To get your free tickets go to the Phillies website at 3PM.

By unity church of lake orion

Views: 5022

A community outreach program that looks for the good in our community

By pcheruku

Views: 5002

DETROIT (CNNMoney.com) -- General Motors unveiled the Chevrolet Volt electric vehicle on Tuesday, allowing outsiders their first full look at the car GM says will go on sale in 2010."The Volt symbolizes GM's commitment to the future," said Rick Wagoner, the company's chairman and CEO.The Volt will be driven by electricity stored in a large T-shaped lithium-ion battery pack running the length of the car. After charging for several hours, the Volt will be able to run for up to about 40 miles without using gasoline.GM did not announce pricing for the car, which will have the equivalent of about 150 horsepower and a top speed of 100 mph, the automaker said.To charge the batteries, drivers will plug a cord into one of the ports just ahead of the driver's side mirror. The cord can then be attached to an ordinary home electrical outlet.The car will cost "less than purchasing a cup of your favorite coffee" to recharge, and use less electricity annually than a refrigerator. The Volt should cost less than 2 cents per mile to drive on electricity, GM said, compared to 12 cents a mile on gasoline at a price of $3.60 a gallon.As the battery begins to run down as the car is in use, a small gasoline engine will turn on and generate enough electricity to drive the car about 300 miles.The car's zero-to-sixty time will be under nine seconds, said GM vehicle line director Tony Posawatz. That would make the performance about average for a modern car."The center of gravity of the car, with the center battery pack, it's going to have real great ride and handling," said Posawatz.

By ctakerian

Views: 4998

Quick and easy instructions for creating an "ignitable" account and have access to BRUNO Dealer Training.