2012 U.S. Presidential Election

[rvg]

How specific? Like naming specific programs?

Yeah. What would he cut, what would he keep, what would he boost. Like boosting the defense budget, how would you justify that?

For the record, if it wasnt for the fact that Obamacare would force people to get health insurance, Id be behind it. Its only for that reason I dont like it.

Same here. I'm just saying that Romney has no moral ground to criticize Obama for Obamneycare.

Seriously? Is $6+ trillion in 4 years not enough?

Did you expect him to default?

Says you.

I have yet to hear Romney offer anything worthwhile.

Exactly. So why stop a good thing?

Nobody's stopping it. Apparently for Romney 15% is still too high.

But would it actually do anything? My bet is on no.

Sure it will. That money will stimulate business because it will be spent immediately.

But how much of that would get back to the government? I remind you that not every poor person has the same spending habits. Lets say someone gets a check for $1,000. How much of that do you honestly think would get back to the government? Id say, not that much.

People who have to decide on whether or not pay their power bill or spend money on food will spend every penny of that $1000, i.e. pour all that money directly into small businesses (like grocery stores etc.)

Seriously?
When the stock market is doing well it usually translates to an overall good economy.

DOW today closed at just over 13000. That's pretty high. Yet the economy is not doing so hot.

Can you be more specific?

These are the individual Income tax brackets for 2012. Income from investments is taxed at flat 15% (Capital Gains Tax). The only people paying lower rate than Romney are the ones making less than 20k a year. Case closed.

Marginal Tax Rate Single Married Filing Jointly or Qualified Widow(er) Married Filing Separately Head of Household
10% $0 – $8,700 $0 – $17,400 $0 – $8,700 $0 – $12,400
15% $8,701 – $35,350 $17,401 – $70,700 $8,701 – $35,350 $12,401 – $47,350
25% $35,351 – $85,650 $70,701 – $142,700 $35,351 – $71,350 $47,351 – $122,300
28% $85,651 – $178,650 $142,701 – $217,450 $71,351 – $108,725 $122,301 – $198,050
33% $178,651 – $388,350 $217,451 – $388,350 $108,726 – $194,175 $198,051 – $388,350
35% $388,351+ $388,351+ $194,176+ $388,351+