Obama Explains His Tax Cut Plans To Plumbing Business Owner
ABC Obama tells him, “It’s not that I want to punish your success. I just want to make sure that everybody that is behind you, that they have a chance for success too.”
Obama claims that the majority of small businesses make less than $250,000 a year, which is a flat out lie. One of Barack Obamas most potent campaign claims is that he’ll cut taxes for no less than 95% of working families. He’s even promising to cut taxes enough that the governments tax share of GDP will be no more than 18.2% — which is lower than it is today.
Its a clever pitch, because it lets him pose as a middle-class tax cutter while disguising that hes also proposing one of the largest tax increases ever on the other 5%. But how does he conjure this miracle, especially since more than a third of all Americans already pay no income taxes at all? There are several sleights of hand, but the most creative is to redefine the meaning of tax cut. For the Obama Democrats, a tax cut is no longer letting you keep more of what you earn. In their lexicon, a tax cut includes tens of billions of dollars in government handouts that are disguised by the phrase tax credit. Barack Obama is proposing to create or expand no fewer than seven such credits for individuals.
If Barack Obamas goal as President is to spread the wealth around, perhaps his unconditional meetings with Hugo Chavez, Raul Castro, and Kim Jong-Il arent so crazy — if nothing else they can advise an Obama administration on economic policy.
Why is Barack Obama being dishonest to the American people? And why does the mainstream media always cover for his lies?
The answer: Because Obama is nothing more than a tax and spend Liberal who wants to turn America into The United Socialist States of America– he’s a Marxist. And the Obama-Media knows he would never win the election if they actually reported the truth.
Duration : 0:5:47
Talk soon,
Joe Beaven
P.S. To get a free report that tells you exactly how to make sure you hire the best plumber for your needs in the UK, please enter your details below:
SECURE & CONFIDENTIAL
TomCatScat1 Says:
Well your an idiot! …
Well your an idiot! LMAO!
Posted on December 21st, 2008 at 12:32 am
skull123456 Says:
wow how can som1 …
wow how can som1 not vote for obama after seeing this
Posted on December 21st, 2008 at 12:32 am
eufor2001 Says:
I think he was …
I think he was planted by McCain and Obama jut kicked his !!!!!!!!!!
Posted on December 21st, 2008 at 12:32 am
vanceibz Says:
Its amazing to see …
Its amazing to see how people are still not voting for Obama. To grow in the economy and have more business you need to apply Obamas tax raises. Turn the Tv off and read!
Posted on December 21st, 2008 at 12:32 am
NunyaBobbyAtayoel Says:
I is a po dumb …
I is a po dumb kneegrow and I don’t be wantin to work fo no money. I gonna sell crack and rob convenient sto’s and Obama gonna give me some of errybody else wealth. I love America. We gots freedom of speekin and if ya ignorent the gubment gonna give you a check.
Posted on December 21st, 2008 at 12:32 am
Scaredycrat Says:
Even worse yet is …
Even worse yet is that hey forget we have had a democratic controlled Congress for the last two years, but they don’t want to hear that. They also don’t want to see the proof about who really caused the housing disaster. Barney Frank and his gang. The same ones that will lead the congress uncontested if Barack wins.
Posted on December 21st, 2008 at 12:32 am
Scaredycrat Says:
He also does’t …
He also does’t mention to old Joe that he support lesislation that will enable unions to sneak into his company without his knowing it until they represent his employees. That’s when Joe will have to say goodbye to his business. Oh and if Joe hangs in there and gets to big company status, and provides thousands of jobs he will be rewarded with yet higher taxes. Welcome to the new America Joe. where you are thanked for creating jobs with higher taxes. How can anbody resist that urge.
Posted on December 21st, 2008 at 12:32 am
Scaredycrat Says:
American’s voting …
American’s voting for Obama are selling their freedom to Obama for an average of 1000./ year
What he doesn’t mention is that if you sell your house under his plan 100,000 profit under McCain plan Taxes 15000.00 under Obama 28000.00 Almost double, why doesn’t he mention they are working right now to take people’s 401k’s from them and force them into Social Security. This is for real People!! Google it.
Posted on December 21st, 2008 at 12:32 am
trevoreriksmoen Says:
this is a lie …
this is a lie anyway, obama is going to raise everyones taxes, he is going to let the bush tax cut expire in 2010 which will raise taxes on the middle class, even those making “less that 250 thousand”
Posted on December 21st, 2008 at 12:32 am
Karrowt Says:
my mom works for a …
my mom works for a company called Acushphere and my dad works for Fallon Clinic and together they do gain over $300,000 a year. so yes they will be getting taxed more. But they are still going to vote for Obama because however much money you can save is only a small part in the election and their is still the fundimentals that McCain falls short in. So don’t vote on how much money you could save but on how much the candidate could improve us
Posted on December 21st, 2008 at 12:32 am
ls1phsyco Says:
yeah talk about it …
yeah talk about it I have a have a plumbing business for only three workers I pay like $2400 every three months, and it’s hard to make money, it’s not that easy.
Posted on December 21st, 2008 at 12:32 am
BapticostalFreak Says:
we need change i …
we need change i agree we need a hunter in there that knows how to feel dress a moose:D we need someone as the leader of the free world that has fought in wars and been a P.O.W. what is sad since 9-11-01 we have been kept safe and President Bush has gotten no credit for it but if we had gotten attacked he would have been the first one blamed; but hey have sex in the white house and deny it and your considered the greatest president but keep us safe for over 7 yrs and your one of the worst.
Posted on December 21st, 2008 at 12:32 am
eydaimon Says:
my wife who’s been …
my wife who’s been wanting to start a business now doesn’t feel like it. She doesn’t want to work her off only to have most of it taxed to death. Welcome to the non-insentivised system of a socialized country! I’ve had lots of friends in Sweden who just don’t work because the government takes care of them either way. Is this really the kind of country we want?
Posted on December 21st, 2008 at 12:32 am
mrbreeze24 Says:
Obama’s website …
Obama’s website says he doesn’t support uncapping to 12.4% but does want to tax 250+.
Posted on December 21st, 2008 at 12:32 am
d1stewart1 Says:
After Joe reaches …
After Joe reaches $250,000, his marginal income tax rate will rise to 39.65. Social Security: 12.4% (Obama plans to eliminate the SS cap above $250K). Medicare: 5.4%. If his state has income tax, he’ll pay 60% of the state rate (after federal deduction on state taxes); @ 5%, he’d pay 3%. Effective rate of 60.4%. Joe would be allowed to keep $39.60 for each $100 he earns over $250K. If you think that’s fair, you’re consumed by envy and hatred. Which are what really motivates Obama’s idiot voters.
Posted on December 21st, 2008 at 12:32 am
Miserenz Says:
Ah I think that you …
Ah I think that you should watch the video, if you have watched it then watch it again as he has explained why your stance is WRONG. As for Socialism not working else where, try FINLAND, SWEDEN etc. My own country was the most socialist and we were number 2 for standard of living, then you captialist took over and we dropped into the high 20 range, socialists back and now we are 19.
Posted on December 21st, 2008 at 12:32 am
Miserenz Says:
Man, he nailed …
Man, he nailed Joe’s question, Joe will be better off
Posted on December 21st, 2008 at 12:32 am
LowBudgetReviews Says:
That plumber was …
That plumber was very respectful and simply asking some very relevant questions. Obama handled it very Presidentially!
Posted on December 21st, 2008 at 12:32 am
raulitech Says:
help the small guy …
help the small guy out, don’t let the big guys have too much of the market because they are the ones that get control over it and abuse it for too much profit.
Posted on December 21st, 2008 at 12:32 am
nonamelef Says:
So, let’s get this …
So, let’s get this straight. Joe works, Joe works hard. He works so much harder than other people that he makes more money. So, let’s take Joe’s money and give it to others that didn’t earn it, and probably don’t even work? WOW. That is called redistribution of wealth, that is textbook socialism. How does that incentify anone to work harder, to try to do more with their lives/ Stupid, and it didn’t work anywhere else in the world. Only clueless sheeple that want handouts want that.
Posted on December 21st, 2008 at 12:32 am
itsMEpt123 Says:
isn’t it time for a …
isn’t it time for a change vote McCain/Palin
Posted on December 21st, 2008 at 12:32 am
lv3ddip Says:
Hey Joe!
Do you …
Hey Joe!
Do you want redistribution of the wealth? vote for McCain/Palin. Our Taxpayer money for the big corporations in Wall Street.
Do you want to spread the wealth? so you can make more than your freaking 40K a year you’re doing right now. Vote Obama/Biden
Douche Bag!
Posted on December 21st, 2008 at 12:32 am
jeffkeegs Says:
If you make over …
If you make over $250,000, you can vote for Mac. The rest of us will vote Barrack
Posted on December 21st, 2008 at 12:32 am
jeffkeegs Says:
The plumber is a …
The plumber is a plant!!!!
Posted on December 21st, 2008 at 12:32 am
malignantpoodle Says:
Social Security tax …
Social Security tax is 6.25% of up to $92,000 in income. Income after that is not subject to the 6.25% social security tax.
Therefore, this money that goes to welfare recipients is not coming from the demographic that Obama wants to tax. As a matter of fact, the rich pay the least percentage of their income towards social security. So this notion of the rich helping out the poor is ignorant talk.
Posted on December 21st, 2008 at 12:32 am