Osama-Hiden

[G-MONEY]

Body count: in the last six months 292 killed (murdered) in Chicago;

221killed in Iraq.

Senators Barack Obama and **** Durbin; Representative Jesse Jackson Jr.; Governor Rod Blogojevich; House leader Mike Madigan; Attorney General. Lisa Madigan; Mayor Richard Daley... The leadership in Illinois and Chicago...all Democrats.



Thank you, all of you, for the chaos and the combat zone in Chicago.



Of course they're all blaming each other. Can't blame Republicans; there aren't any!

State pension fund :$44 Billion in debt, worst in country.



Cook County (Chicago) sales tax: 10.25% highest in the country.



Chicago school system: one of the worst in country.



So this is the political culture that Obama comes from in Illinois, and he's gonna 'fix' Washington politics??

[dogbert]

So this is the political culture that Obama comes from in Illinois, and he's gonna 'fix' Washington politics??

Anything's possible when you lower the standards. The way I look at it, you have two options. Raise others to your level or drag them down. It's clear that he wants to penalize those who have been successful rather than helping those who have not.

Unfortunately, there's no simple solution. In the end, we're gonna pay for it one way or the other, regardless of who wins. That's because the size of the government has nothing to do with its revenue stream.

[LovinPowell]

Here is a scary thought. Obama wants to raise taxes for only the "wealthiest" Americans, those that make over 250k. Well what happens when you decide to sell your house that you have owned for years and the gain on that house is $ 400,000. All of a sudden you are now classified as one of the wealthiest and not only will you pay a higher tax on the sale of your home, but your ordinary income will be taxed at a higher rate as well. To make matters worse, your withholdings from your employer are withheld at a lower rate, therefore making you short on your payments, thereby subjecting you to underpayment penalties which are determined based on the amount of tax that you owe. Considering that you just sold your house for a profit, that would be higher than a "normal" American.

[dogbert]

Imagine the overall productivity gain if we went to a straight % tax for both business and individuals. One rate for everyone, no loopholes, no exceptions. Business tax based on profit. That would be fair. No more arguing about who pays more or less. It's all the same.

Of course, the accountants would probably not be too happy about that.

[LovinPowell]

I'm an accountant

Don't think that'll happen. Too many complexities.

[Dan and Christy]

Hello to my fellow PRISONERS


Smooth

[dogbert]

BTW, I encourage every one of you to read Obama's book, the Audacity of Hope. I have to say that he does ask some very good questions. Only trouble is that he's light on the answers and the ones he does give clearly show he doesn't understand the issue. For example, he thinks that ethanol is the answer to alternative energy. We all know that ethanol is one of the most inefficient alternative fuels.

[chpthril]

BTW, I encourage every one of you to read Obama's book, the Audacity of Hope. I have to say that he does ask some very good questions. Only trouble is that he's light on the answers and the ones he does give clearly show he doesn't understand the issue. For example, he thinks that ethanol is the answer to alternative energy. We all know that ethanol is one of the most inefficient alternative fuels.

Yep, Ethanol is about reducing emissions, not the dependency on foreign oil.

[dogbert]

Yep, Ethanol is about reducing emissions, not the dependency on foreign oil.

Yes, but it takes more energy to produce ethanol than it produces.

[chpthril]

Yes, but it takes more energy to produce ethanol than it produces.

Yes it does, but for the end user, it's a 10-15% reduction in tailpipe emissions. It wasn't till long after this discovery, that someone decided to look into what it takes to refine it.

[dogbert]

Well, I'm goin' with biodiesel.

[Fast1911]

Here is a scary thought. Obama wants to raise taxes for only the "wealthiest" Americans, those that make over 250k. Well what happens when you decide to sell your house that you have owned for years and the gain on that house is $ 400,000. All of a sudden you are now classified as one of the wealthiest and not only will you pay a higher tax on the sale of your home, but your ordinary income will be taxed at a higher rate as well. To make matters worse, your withholdings from your employer are withheld at a lower rate, therefore making you short on your payments, thereby subjecting you to underpayment penalties which are determined based on the amount of tax that you owe. Considering that you just sold your house for a profit, that would be higher than a "normal" American.

I don't think you have to pay cap. gain tax unless you profit above 500K when you sell your house, however, the tax hike on businesses the make over 250K a year really pisses me off

[dogbert]

I don't think you have to pay cap. gain tax unless you profit above 500K when you sell your house, however, the tax hike on businesses the make over 250K a year really pisses me off

Yeah, my wife told me yesterday if Obama gets elected and they implement his healthcare plan, her two business will fold. She's got over 40 employees. They're all in the lower income range and they really depend on her business for the healthcare benefits.

[jwanck11]

Here is a scary thought. Obama wants to raise taxes for only the "wealthiest" Americans, those that make over 250k. Well what happens when you decide to sell your house that you have owned for years and the gain on that house is $ 400,000. All of a sudden you are now classified as one of the wealthiest and not only will you pay a higher tax on the sale of your home, but your ordinary income will be taxed at a higher rate as well. To make matters worse, your withholdings from your employer are withheld at a lower rate, therefore making you short on your payments, thereby subjecting you to underpayment penalties which are determined based on the amount of tax that you owe. Considering that you just sold your house for a profit, that would be higher than a "normal" American.

If you rollover into a new house, the sale is not declared as income, is it?

[jwanck11]

BTW, I encourage every one of you to read Obama's book, the Audacity of Hope. I have to say that he does ask some very good questions. Only trouble is that he's light on the answers and the ones he does give clearly show he doesn't understand the issue. For example, he thinks that ethanol is the answer to alternative energy. We all know that ethanol is one of the most inefficient alternative fuels.

I have read it. Don't actually understand what you mean in the last sentence. I think it is only appropriate to look holistically at an alternative. Ethanol is in the earliest stages of development. Cellulosic ethanol is even more wet behind the ears. Give time for R&D and power plants optomized for the fuels and that may be a completely backwards statement.

Remember in 1906 the engine did not do much at all. Remember that engines half the size as those produced in the 70's turn out far more power... etc.

I like Obama's stance on energy - diversification over McCain's position of drill (without refinement I might add) and nose dive into nuclear. That makes no freaking sense.