CE: Taxes

Issue: Taxes
–  Write a 150 word blog post about your opinion on the issue of taxes.    Do you favor the Obama position – cut taxes on all households making $250K or less and raise taxes on the wealthiest income earners to pay for universal healthcare and to pay down the national debt.

Or do you favor the McCain position – make the 2001 Bush tax cuts permanent AND provide tax cuts to all Americans to allow the economy to grow by reducing tax burdens and putting money into the hands of American consumers.   

Support your argument.  
— Put this post in the same category as your “10 Issues from the NY Times” post  where you prioritized the issues and gave your opinion on each.   
—  150 words     — photo 

LINKS to more info:
Click on this link to see the U.S. National Debt:
http://www.brillig.com/debt_clock/

The Freakonomics blog on the NY Times has a good article with charts and graphs & more information.  You can find that HERE:

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One Response to CE: Taxes

  1. “TAX PLANS” — Student Opinions from Quiz #3, Question #24

    I agree with McCain that everyone
    should be taxed evenly. I think it is unfair to the
    people who make more money to tax them more. It seems to
    me that these people, for the most part have worked hard
    to make this money and they should not have it taken
    away because they are rich. However, I can understand
    Obama’s position because in a sense they should be able
    to afford to give away some of this money. Perhaps they
    need this money though.

    Comments:
    I agree with McCain on the tax
    policy. The rich should not be taxed more just because
    people think they can afford it. In many cases, they
    worked hard to earn their fortune and don’t deserve to be
    punished for that.

    Comments:
    I agree with Obama. taxes should be
    raised on people making the most money. so that it can
    all even out for everyone.

    Comments:

    I support Obama on this issue because
    I believe the people who make more money should give
    back more to the government. The government currently
    needs a lot of money and definitely more than the
    richest of our population do. A luxurious lifestyle is a
    privilege, not a right.

    Comments:

    I am taking Obama’s position because
    he is increasing the upper class, which makes sense
    because they can afford it. He is decreasing the middle
    and lower class reasonable percentages so each class can
    afford the taxes.

    Comments:

    I am supporting McCain on the tax
    issue. I am supporting McCain because I do not like
    Obama’s plan to tax people just because there rich. I
    think that if a person is wealthy he or she has worked
    very hard to become that wealthy in life. It is wrong to
    say because you work hard for our country we are going
    to tax you higher and take away your money. I think it
    would be great to se both parties sit down and find a
    medium on this subject because I don’t completely agree
    with McCain on this topic either. McCain is going to
    put our country further and further into debt. I believe
    to have a strong country you need to have a strong
    dollar. Tax in our country is going to be a big problem
    in the next few years but I think McCain’s plan to lower
    all taxes might be the right thing to do for now.

    Comments:

    I agree with McCain, because if
    someone works hard they should not have to pay for other
    people besides themselves.

    Comments:

    I agree with Obama on the tax policy
    issue. I agree with him because I think that one way or
    another we need to start paying off the national debt
    that we have put ourselves into. Without taxing more
    people, we are just going to keep going more into debt.
    The people that Obama is planning on taxing are also
    people that are pretty well off in the financial
    situation so I think that it is a good plan.

    Comments:

    McCain’s tax policy because I believe
    if people are taxed less they will have more money in
    their pocket and will be able to spend this money to
    stimulate the economy.

    Comments:

    I agree with Obama. It’s obvious that
    the super wealthy could be doing a lot more the help out
    the countries financial crisis.

    Comments:

    I believe that McCain’s idea has the
    right idea because McCain’s everyone’s are going down
    while Obama’s plan has on the middle class and lower
    class going down while the upper class gets their taxes
    increased.

    Comments:

    I am going to have to agree with McCain
    because Obama wants to make the taxes go up for the
    rich, and down for the poor, but the middle class stays
    about the same

    Comments:

    Although I do not agree with how
    drastic Obama is going to tax people, McCain will only
    make the country’s debt worse. I feel it is time for
    change and Obama is the only stepping up with a plan
    that might actually work in terms of getting rid of some
    of our debt.

    Comments:

    I agree with McCain because I do
    not see why the wealthy should be taxed more even if
    they have it. They worked just as hard as anyone else to
    get their money and they get taxed just because they can
    afford it. It’s just not fair, the taxes should be kept
    as they are regardless of the National Debt. The wealthy
    usually invest their money in the stock market and
    economy so the less they get taxed the more money they
    have to invest and help the economy. They have a
    lifestyle to keep as well and need to pay the same
    things everyone else does like mortgage, cars,
    necessities and other luxury’s they are used to.

    Comments:

    I agree with McCain on the tax
    policy. I believe that his idea of putting money in the
    hands of consumers will work out well and will give an
    economy the growth that it needs right now.

    Comments:

    I agree with McCain on the tax issue
    for two reasons. The first being that with the economy
    the way that it currently is, if you tax people even
    more they will have even less money to spend. That would
    effect businesses, which ultimately affects the
    economy. My second reason is that I believe if you start
    trying to reduce the overall income of the people by
    taxing the upper class so heavily it can eventually lead
    to socialism.

    Comments:

    I agree with Obama on tax policy. I
    think his plan is more efficient and will better benefit
    the entire economy. Obama focus’s on the majority of the
    people (lower to middle class) and tries to benefit them
    by reducing there taxes. He will reduce taxes for
    everyone under 250k in income which is well over 50% of
    the US civilians. I think people that are making a large
    sum of money can afford to pay a little bit more tax
    money, especially if it benefits the US as a whole and
    our economy.

    Comments:

    I am not so sure, because I think
    both, Obama and McCain say things, that I think are
    right. Obama’s policy sounds better for the nation of the
    US, because since US in in depth and needs to get out of
    its, this would be the way the US could make it.

    Comments:

    I support on McCain’s Policy. Because if
    rich people pay more taxes than lower class people, it
    is not fair for them and it is going to violate
    capitalism system in America.

    Comments:

    I support Obama’s tax policy as he is
    taxing the very rich people to help pay the debt.
    McCain’ plans include tax cuts for everyone.

    Comments:

    I agree with McCain’s tax policies
    only because I disagree with Obama’s idea to tax the
    rich. I believe that is communism and I don’t think that
    is right. I think there are too many people sitting on
    welfare doing nothing. I think if you want something,
    you have to give something in return.

    Comments:

    I support Obama on tax policy because it
    makes more since to me. I find that the poor don’t
    choose to live the way they do (without money) and it
    makes more since that the rich WHO DO have money should
    pay more taxes.

    Comments:

    Obama, it is more fair because people
    that earn less than $250K cannot pay as much as other
    reach people

    Comments:

    I agree with Obama’s tax policy
    because to be quite honest I just do not understand
    McCain’s. When the country is in so much debt and your
    economy is low and you are at war you need money so I do
    not understand how he plans on relieving America’s debt
    if he is going to reduce everyone’s taxes. I also think
    that the wealthy of a country should give back to the
    poor and by paying more taxes is a good way they can
    help the poor as it reduces their taxes. The rich also
    do not need more money; they survive just fine on over
    one million dollars a year.

    Comments:

    I agree with McCain’s tax policy because I
    feel that if you work hard to get to where you are in
    life you should not have to pay a high percentage of
    taxes so the government can give this money to the people
    that do not make a lot of money. They should not be
    taxed if you make a certain amount of money.

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