http://thenewconservatives.blogspot.com/

check out more at: McCainCan.blogspot.com

So the 18 cents a gallon you save will go away as the price of gas rises. So you end up paying the same price as if there was the tax. The only difference is the Highway fund doesn’t get a dime. So you get nothing, the Highway fund gets nothing and the gas companies get more money.

The gas tax is targeted for the Highway Fund only.

As for the $1000 you save from Obama’s cuts, they are offset by tax increases on those making over $2.5 million.

Really… follow the link in my earlier post, it goes thru this. You need to read and make decisions on your own instead of listening to the right-wing machine that tells you Dems do nothing but lie and raise taxes on everyone.

Ok, so Obama can’t handle cutting us a little break on the gas price now, but when he gets in he is going to give me over a $1,000. Sounds like B.S.

It very well could be just another empty promise from a politician. If he ain’t gonna part with $40 he surely won’t part with $1000. We’ll get some excuses about how much debt is there, blah, blah, blah.

This is one issue I get to happily argue as and Independent. Republicans dropped the ball on spending over the last eight years, and they dropped it again recently in not challenging the pork-laiden farm bill.

However, Senator McCain has been a champion of cutting government spending for years. He’s routinely criticized for having been against the Bush Tax Cuts, and now supporting their extention. Yet his oposition came from his desire to see spending cuts accompany those tax cuts (as he offered his own set of tax cuts at that time), but recognizes that rolling them back now would only act as a tax increase. I’m in agreement that cutting spending is a huge issue, and it’s an issue that clearly favors Senator McCain.

On the issue of tax increases, it has been well proven that tax increases in slow economy is damaging the economy. The ‘fairness’ debate goes a lot further in a strong economy versus a weak one, but taxes put the brakes on economic development, and that’s the last thing anyone wants to do right now.

I hate to shoot the source, but my source came from CNN Money. Yours came from a blog.

Anyway…

Here is something else to think about when considering the tax plans:
Tax studies have shown that when tax cuts are deficit funded and they’re paid for by raising taxes in the future, “the economy is worse off than if you didn’t cut at all,”
–Len Burman, the Tax Policy Center’s director.

So……….. from the CNN Money article I linked above. BOTH will be increasing the deficit which is awful…

Under both plans, all American taxpayers could pay a price for their tax cuts: a bigger deficit. The Tax Policy Center estimates that over 10 years, McCain’s tax proposals could increase the national debt by as much as $4.5 trillion with interest, while Obama’s could add as much as $3.3 trillion.

Also, regarding McCain’s tax plan….
The net result: compared with their tax bill today, taxpayers on average would see their tax bill cut by nearly $1,200. That means their after-tax income would rise by 2%.

But those in the lowest income groups would only see their after-tax income rise by less than 1% (or between $19 and $319). By contrast, the highest-income households - those with incomes of at least $603,000 - would see a boost in after-tax income of 3.4%, or more than $40,000.

So that kind of offsets that example you provided from the blog.

It is time for us to finally see that trickle down does nothing of the sort.

Tax hikes are particularly harmful to the economy when the economy is already struggling. Increasing taxes on the rich in attempts to achieve a mythical idea of fairness ends up hurting those people that it claims it’s protecting.

If I remember correctly, you like Mitt Romney in the primaries, didn’t you? Mitt was every bit AGAINST the wind farm as Kennedy was.
Trust me… I live in Boston.

I personally think they were BOTH wrong on that and that wind farm should have happened.