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Home » Opinion

Monday, October 20, 2008

STEYN: Plumbing the depths

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whupass

SD say what? independent? Oh sure ...6 week-old puppies...Fact Check Alert...Joe the Bluecollar Senator...Wasilla Holiday Inn... Hilarious piece, Mark - and on the money, as always. Good job.
Mark as offensive

bandaid

I loved this article. Sick of the campaign, but loved the article...most dems won't get it, or if they do, won't like it. I think it should be reposted if McCain wins.
Mark as offensive

Shore10

Steyn will be one of the first to go to the Obomunist re-education camps. Funny article in a sad way.
Mark as offensive

RDH

Obama is really doing Joe a favor. Just consider what Joe would have to do if he bought the business and it made over $200,000 a year (that 250 number is for married, filing jointly - btw, what a mariage penalty). Joe would probably go about spreading the wealth the old-fashioned way - he would hire more help. But that's a lot of paper work. He has to tie into Social Security and Medicaid. He has to fill out IRS forms. He has to divvy his worker's pay into "take home pay" and taxes - both US, Ohio and local income taxes. And that's just the beginning of what Joe would have to put up with hiring an employee. Under the Obama plan Joe has none of these headaches. In order to spread the wealth around all Joe has to do is work hard and Obama does all the rest. And what of the worker Joe won't hire under the Obama plan? Who cares. That's what we have "traditional" welfare for.
Mark as offensive

smrs

I would like to ask Obama a few questions also...I READ and researched his economic plan.. From the tax institutes's evaluation "he would keep the Bush cuts in marginal tax rates for lower- to middle-income earners, but he would raise the capital-gains tax on the sale of stocks and other assets and the dividend tax from 15 percent to 20 percent" Let me simplify this. People making over 65K WILL HAVE THEIR TAXES GO UP. 1. He will only keep the marginal rates on lower to middle income, "middle income" tops at about 65K as determined by most agencies. So if you make more than 65k you will be paying taxes on an additional 10 thousand dollars at 35% or about 3500.00 dollars 2. Every one WILL be paying a minimum of an extra 5% on all dividend and capital gains. That means all your savings, your 401k, your kids college funds, all of your emergency funds will have and extra 5% tax. Before you vote for Obama I suggest you forget about that no taxes for anyone making 250k garbage and figure out if you have an extra $300 to $400 dollars a month to spare???? I don't not unless I cease all charitable giving.
Mark as offensive

alan_in_sf

That's really funny, Mark. Simply assume the Democrats are lying about everything they say, and then make fun of them for being such hypocrites! Brilliant stuff. Because clearly if the tax codes were re-adjusted to the way they were before Bush, the economy would just collapse...oh, wait. Never mind.
Mark as offensive

jester

Wait wait wait wait. Once you're over 250k / year, the Obama tax rate is 100%?
Mark as offensive

petemurray

Plumbing the depths is apt... You should know that Steyn was until recently a columnist in the Irish Times - a quality broadsheet. He was the token US right-winger. However, having been repeatedly found out for getting his facts wrong, Steyn was sacked by the IT (which guards its reputation for accuracy jealously). Steyn has been replaced by fellow extremist Charles Krauthammer as token US right-wing commentator. Obviously the IT prefers its hatred to be fact-based.
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