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Searching for Obama's 95 Percent
The American Spectator ^ | 10.16.08 | Philip Klein

Posted on 10/18/2008 6:26:37 PM PDT by george76

"We are going to cut taxes for 95 percent of Americans," Barack Obama's campaign manager, David Plouffe, said in the spin room here at Hofstra University following the final debate of the 2008 presidential election.

Plouffe was repeating one of the boldest claims made by the Obama campaign. It's a claim that the Wall Street Journal editorial board dubbed "Obama's 95% Illusion," noting that more than a third of Americans don't pay any income taxes, and that what Obama's plan does do is offer a raft of subsidies and government payments to individuals and families that he redefines as "tax cuts." His proposal looks more like a redistribution scheme than an honest effort to reduce taxes -- as he revealed on Monday when he told a now famous Ohio plumber that his plan aimed to "spread the wealth around."

So when Plouffe reiterated the 95 percent claim, I asked him a simple question aimed at clarifying whether Obama's tax plan was about cutting rates, or merely handing out government checks. "What rates would actually go down"? I asked.

"Middle class people are going to see, systemically, their taxes reduced, and small businesses," Plouffe responded.

"But what rate would go down for lower-income Americans?" ...

"We'll have to get you the exact details on that," Obama's campaign manager told me.

"Well, you said that there's going to be a tax cut on 95 percent, so what rate would go down?"

He replied, "I'll have to get you the exact rate differential."

Given that he wasn't clear on the actual rate changes involved, I asked, "but which type of tax would go down?"

(Excerpt) Read more at spectator.org ...


TOPICS: Editorial; News/Current Events; Politics/Elections
KEYWORDS: bo; democrat; democrats; nobama; obama; obamatruthfile; obamatruthsquad
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Videos - Series: "NEVER FIND OUT"

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THE BENCH - blog: "OBAMA CONNECTED TO SUNRISE EQUITIES, Part 1" by Tom Mannis (October 17, 2008)

Link

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Video: "First Socialism.  Now Communism..." (October 17, 2008)

KIRO TV.com: Seattle - "24,000 FELONS GETTING BALLOTS, DESPITE ELIGIBILITY QUESTIONS" by Chris Halsne (Updated October 16, 2008, 9:40 am)

NEWSMAX.com: "INTELLIGENCE OFFICIAL: OBAMA WOULD ENDANGER US" by Ronald Kessler (October 16, 2008, 11:44 am)



[Post no. 2] - ARCHIVES - Topic: BIDEN & OBAMA (aka B & O) (October 18, 2008 -- Click Here.)

JEFF HEAD.com - Videos: "THE AUDACITY OF TRUTH - Obama In His & His Supporters Own Words"

21 posted on 10/18/2008 11:07:57 PM PDT by Cindy
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To: george76


Penetrating Insights into the Obvious
22 posted on 10/19/2008 1:02:03 AM PDT by MichaelAsher54
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To: george76

“How can Obama cut taxes for 95% of Americans when 40% pay no income tax?”

By printing money, driving up inflation and having his pet mediots lie about what is really happening.


23 posted on 10/19/2008 2:15:04 PM PDT by Grampa Dave ( Joe the plumber should provide his license right after Obama provides his real birth certificate)
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To: Grampa Dave; george76
The Obama mouthpieces explain the tax cut for 95% of taxpayers saying that they will make cuts in payroll taxes. SS and Mendicantcare.......but we all know that’ll never happen.

Expect increases and age eligibility to rise.
24 posted on 10/19/2008 2:37:40 PM PDT by BIGLOOK (Keelhaul Congress! It's the sensible solution to restore Command to the People.)
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To: BIGLOOK

And even if he did that’d be a major rewriting of our social contract. One way or another he should really be called on it, because he’s caught either way.


25 posted on 10/19/2008 2:40:58 PM PDT by 9YearLurker
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To: BIGLOOK

The rats have been pushing for free Social Security or the elimination of so called payroll taxes for those who don’t pay any income tax for at least a decade.

So you and my younger relatives will be paying for their voters’s social security as well as their tax rebates even when they don’t pay income taxes.


26 posted on 10/19/2008 3:00:41 PM PDT by Grampa Dave ( Joe the plumber should provide his license right after Obama provides his real birth certificate)
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To: counterpunch
Why did John McCain never once expose 0bama’s “tax plan” for what it is during any of the debates?

Biggest mistake of the campaign thus far.

27 posted on 10/19/2008 3:03:36 PM PDT by jwalsh07 (MSM Lied, Journalism Died. RIP 2008)
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To: Grampa Dave; BIGLOOK

My guess is that the Democrats will make a move on our retirement funds . One trick is to require all retirement accounts to hold at least 10% U.S. government bonds.

Hey, it’s for safety.

/s

And it would grab a quick $1 Trillion dollars from us taxpayers for BHO’s friends.


28 posted on 10/19/2008 3:10:30 PM PDT by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: george76; SierraWasp; BOBTHENAILER; Liz; Milhous

“My guess is that the Democrats will make a move on our retirement funds . One trick is to require all retirement accounts to hold at least 10% U.S. government bonds.”

I have no problem with US Treasury Notes/bonds, and a big problem with owning any Freddie or Fannie BS. I got out of those bonds or mutual funds owning them about the time the Whoreacle of Omaha did.

Last week both John and Snowbami came out against forcing us old goats to start really pulling from our IRAs at age 70.5.

My wife wondered why Snowbami would do that. I think that you have just pointed why.

Of course when he is sworn in, he will take at least 5% a year at least, from our IRA’s and 401k’s and “donate” that money to Je$$ie HyJack$on, Acorn, Nation of Islam, and the unreverend $harpton for more reparation payments. So the longer we have money supposedly in those accounts we can support the reparations and bailout.


29 posted on 10/19/2008 3:24:12 PM PDT by Grampa Dave ( Joe the plumber should provide his license right after Obama provides his real birth certificate)
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To: Grampa Dave
Judass Priest!!! (I'm sufferin from uncontrolled wretching!!!)

Perish the thought!!! (barfing the dry heaves)

30 posted on 10/19/2008 4:48:36 PM PDT by SierraWasp (Obama... Just another lying Commonist Communutty Organizing thug from the south side of Chicago!!!)
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To: george76

At long last McCain finally called him on this.

Only Obama responded - the 40% do pay taxes, payroll taxes. Then he accused McCain of saying that hardworking Americans would be getting welfare.

How would you counter?


31 posted on 10/19/2008 5:51:47 PM PDT by dervish (Acorn,Ayers, Rezko,Wright,Farakhan,Khalidi. America wake up!)
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To: dervish

The top 1% pay 40% of all income taxes.
The top 5% pay 60% of all income taxes.
The top 10% pay 71% of all income taxes.
The top 25% pay 86% of all income taxes.
The top 50% pay 97% of all income taxes.
The bottom 50% only pay 3% of income taxes.

Plus the Payroll taxes are matched by the employer, yet the employer does not get the medicare or social security money later; the employees do.


32 posted on 10/19/2008 6:50:46 PM PDT by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: SierraWasp; ASA Vet; george76; tubebender; PhilDragoo; Ernest_at_the_Beach

Anyone with a brain, a sense of morality and a real concern about America, who doesn’t vote for McCain/Palin is putting our country and our families at severe risk.

If Obama wins:

1. Our children and grandchildren will have no future except what is given to them by the Obama Thugs.

2.We senior citizens will see our retirement funds/pensions eroded each year for reparaions to Obama’s anti America voters/supporters.

3. Those of us, who resist what is coming after Obama is sworn in will face very dire consequences.


33 posted on 10/20/2008 5:48:37 AM PDT by Grampa Dave ( Joe the plumber should provide his license right after Obama provides his real birth certificate)
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To: Grampa Dave

It really really bothers me that some many people have fallen for this wannabe Marxist Know Nothin...


34 posted on 10/20/2008 6:58:46 AM PDT by tubebender (Why do we drive a on a Parkway but park on a Driveway)
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To: Grampa Dave

35 posted on 10/20/2008 8:29:04 AM PDT by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: george76

36 posted on 10/20/2008 8:44:10 AM PDT by Grampa Dave ( Joe the plumber should provide his license right after Obama provides his real birth certificate)
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To: Grampa Dave

Let’s take up a collection for Grampa Dave’s gun rack for his Honda truck for displaying toilet plungers and maybe even some sewer snakes!!!


37 posted on 10/20/2008 11:37:43 AM PDT by SierraWasp (Hey Colin Powell...Fidel Castro and Che Gueverra were "transformational figures" too, you idiot!!!)
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