Makes it up as he goes along
Posted by John at October 11, 2008 07:51 PMJohn McCain rolls out an economic plan? Damn, babe, you are about 4 weeks short.
So here is how it will go: Obama wants to bloat government by packing the debt. "Not me, my friends! 2 trillion for wealthy investors. 2 trillion for those who own more than 4 homes. And 4 trillion in new wars."
McCain/Palin 08: Vote republi-KKKon!
Posted by phidipides at October 11, 2008 07:58 PMWHAT capital gains? WHO holds any asset that they could sell for a gain right now?
And I thought they'd already wiped out dividend taxes with the Bush tax cut.
Not to worry -- at this point no swing voter believes McCain anyway.
Posted by Anonny at October 11, 2008 08:41 PMWhat? A new one? Will he admit that his "Big Plan" from, oh, a week ago, was a bad idea? I mean it, some enterprising, wanna-be journalist ought to ask him, does this mean that you agree with Barack Obama that your last week's plan was not very good?
And what modifications can we look forward to in next week's plan?
It might help if the wanna-be journalist uses air-quotes when he or she says plan.
Posted by James E. Powell at October 11, 2008 09:13 PMI suppose a cut in the capital gains tax would then eliminate people's tax writeoff for all the losses they are sustaining.
Nice move John....
Posted by david s at October 11, 2008 09:17 PMYou can calculate your tax cut under Obama vs. McCain here
http://alchemytoday.com/obamataxcut/
Posted by Chuck at October 11, 2008 09:48 PMfuck you liberal maggots.
Thank you, Pud, for that carefully argued contribution to the debate.
By the way, in England "pud" is short for "pudding", and "pudding" is slang for "prick", so yo've certainly chosen your name well!
Hey you guys!
Stop raggin' on the old man! Tax cuts always work. While it may take a while for anyone besides Campbell Soup Co. stockholders to realize capital gains, this plan is clearly targeted to help the middle class. You know, those "earning" between one and five million per year.
Posted by DeminNewJ at October 12, 2008 03:41 AM`My friends, this is a plan that even William Ayers wouldn't like`.
Uncle Joe: Ladies and Gentlemen, he means that literally!
Posted by John at October 12, 2008 03:59 AMAs Annony said, no one has capital gains right now. Try capital losses. What an idiot. This reminds me of when he said that Obama's plan to raise the capital gains tax would affect your 401(k) and IRA. He's clueless.
Posted by CG at October 12, 2008 06:05 AMmost people in the middle class aren't making a ton of money off dividends and capital gains.
Since Fibber McCain reckons "middle class" as making $500,000 per year, his proposal does help "the middle class." For those of us making $40-100K, well, we aren't "middle class." We're part of the unwashed masses in public housing and using food stamps -- the lazy-bum class.
It just occurred to me that McCain has done something he never intended -- he's uniting the middle class and the poor, the majority and the minority, and even the Democrat and (intelligent) Republican. Obama is attracting these people, but McCain is actively driving them into Obama's hand.
Ed