Good that Obama has been hitting on Joe the CEO and Joe the Hedge fund manager. This whole argument is such a joke. There is this problem in America, that people are more interested in defending the person People think they are, and not the person they actually are. Where Joe Wants to protect the interest of a person making $250K, But he is just a regular guy making 40K.
So there he is Defending the idea that at one point he makes $250K and moves from 32% to 36%. I've run a small business for just under 10 years, and There is no doubt the tax Rates are rigged. I've never paid so little tax in my life. Obviously not as a Number, but as a Percentage. I'm always surprised what I can deduct, and all the little things that as an employee I have to pay for, and yet as a business owner, I pull them out of my taxes.
I remember One guy I was working with who had this idea that Somehow the Taxes Paid for Things, and never got that all I get is when I buy a computer. It reduces My Taxable Income, I don't get a free computer.
I just saw the Joe the plumber interaction with Obama, and he doesn't even vaguely understand how the system works. It's obvious that he has never, and will never run a buisness. Thinks that if he buys a truck Somehow the taxes 3% more taxes will crush him. And yet, He doesn't realize that if you buy a 60K truck, that pushes you under the 250K level, and you are Taxed less. They never get that YOU HAVE TO MAKE $250K to be taxed at that level, Not Gross, BUT NET PRE TAX $250K, to get a tax increase. Which is an increase of about 8K. What a fucking tragity. And trust me, Buisness' Deduct so much borederline "personal/Buisness" expenses. My ass will never Bleed for them.
My point is more to point out that people fight for who they want to be, not who they are.
I even saw a conservative Pundit, try and make the "flat tax" argument, Not realizing that even being taxed in a Flat way as a percentage, is socialism. I mean if the "haves" had their way everyone would pay a single dollar amount. A sort of Pay per Participant in our system, of course that means that each child must pay. So we Heavily tax families, which I'm not against.
Not sure if it's my age, but it just seems like politics managed to hit a High point in stupidity in the past weeks.
Thursday, October 23, 2008
Joe the Plumber REDUX
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1 comment:
I agree with everything you said. Joe the Plumber is an idiot, no question... but the world is chock full of morons like him.
The real story is that John McCain miscalculated Joe's story and did not vet him for veracity. He brings this guy into the conversation, mentions him 20-odd times in the debate, and it turns out Joe's story is an endorsement for Obama's tax plan.
John McCain is showing signs that he either does not understand the differences in the two tax plans or he's too uncareful to vet his debate props. Either way, McCain is not fit for the job.
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