June 17, 2008
Posted: 03:00 PM ET

From
Blitzer: Obama, McCain are at odds over tax policy.
Blitzer: Obama, McCain are at odds over tax policy.

WASHINGTON (CNN) — When it comes to tax policy, John McCain and Barack Obama have very different views.

Take the matter of corporate tax rates. McCain wants to reduce that rate. He says that would make American companies more competitive around the world since the U.S. has one of the highest corporate rates. He notes that Ireland used to be an economic basket case until it reduced its corporate rates. As a result, investors from around the world began to flock to Ireland for business deals. That created lots of jobs in Ireland, which now has a strong economy.

Obama wants a windfall profits tax on Exxon-Mobil and the other big oil companies. They have been making record profits as the price of oil has skyrocketed. According to recent polls, most Americans blame big oil for their pain at the pump. McCain opposes such a windfall profits tax. But he goes one step further. Under McCain’s proposed corporate tax rate cut, Exxon-Mobil and other big oil companies would have even larger profits. That’s because McCain has no exemption for the big oil companies.

This is but one tax issue on the table right now. The two presidential candidates disagree on several others. Obama has proposed a $1,000 tax cut for middle class workers.

But the big issue for both will be whether to roll back the Bush tax cuts of 2001 and 2003. McCain originally voted against them but now supports them. Obama wants the Bush tax cuts for those making more than $250,000 a year eliminated. He wants to go back to the tax rates that existed during the Clinton administration. This will be a huge fight in the campaign.

Filed under: Wolf Blitzer


yes you are insane   June 17th, 2008 7:50 pm ET

Seriously, YOU WILL be paying $4 bucks for a long time… in fact, we'll be lucky to get back to that number in the next 2 years…

gas will only go down if….

1) you strip all profits from gasoline per gallon… that's about 10 cents for the oil companies, 19 cents for the government, and 40 cents on average for the states….

2) decrease supply, increase demand, or both… we pay about 65% of the price of gas is directly related to buying it overseas…

STOP BUYING IT AT $140 a barrel and you get cheap gas…

I have a MAJOR problem with people like you that spew out hate like it's a 2 for 1 sale…. all you do is criticize one side and act like the one you are on is righteous…

BULL….. both sides are right and wrong on several issues, but energy is something WE MUST work together…. we must stop regulations on nuclear, coal, and oil… we must invest more in solar, wind, coal to oil, geothermal…

THEY MUST work together, or we pay high prices… for a long time…

BIFF, BIFFINGTON...   June 17th, 2008 7:50 pm ET

Eyemdaman said:
Obama mantra: redistribution of wealth, stifle the competitive spirit, overtax companies so they move out of USA

McCain mantra: proportional tax breaks (for everyone!), entice new business to USA (which creates jobs), encourage competitiveness and entrepreneurship.

I personally like McCain's ideas better.

Obama's policies will stifle investment and cripple our economy for good.
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Dude… you spew right wing talking ponts that have BEEN PROVEN UNTRUE.
1) you misrepresent Obama's plan. It is not "re-distribution of wealth".. (while a clevely engineered scare phrase, its inaccruate). People who his plan targets…HAVE NO WEALTH.

2) McCains plan is the SAME TIRED FUZZY TRICKLE DOWN THEORY TROTTED OUT AT EACH ELECTION….. and with all branches of goverment for the first six years… the republicans did that… and the companies STILL moved over seas.. AND STUCK A CUP UNDER THE TRICKLE!!!

If you espouse/endorse this plan, you are in the 2% of Americans that make over $250,000 per year. period.

American Blue   June 17th, 2008 7:49 pm ET

Does anyone know why these wretched people continue to post these nasty blogs about not voting for Senator Obama. Listen people! we don't care; if you are ignorant enough to forfeit your Democratic values in this critical election, who wants your vote anyway. Clearly you people are voting with your emotions and not your logic or your grasp of the issues. Therefore on the eve of having total Democratic power in Washington; meaning a majority Democratic congress and a Democratic President one would have to not actually be a Democrat, or an incredibly stupid Democrat to try and tank their own values out of spite. Posting these lame I will vote McSame arguments only serves to cast doubt on your political intelligence. Please cease in burdening the rest of US happy Dems with your stupidity.

eam   June 17th, 2008 7:42 pm ET

YEAH SHERRI THATS A GOOD POINT BUT I REALLY DONT THINK OBAMA DID ANY BETTER. HE TRASHED HER JUST AS BAD. BUT DO ANY OF YOU CARE NO! HE IS JUST AS GUILTY AND HIS STAFF DRUG HER THROUGH THE MUD AND YOU EXPECT US TO GET OVER IT. ITS NOT GONNA HAPPEN. JUST SO HE CAN THROUGH KICK BACKS TO LOW INCOME BLACKS THAT DON'T WANNA WORK ANYWAY AND LIVE ON WELFARE AND SHOW THIER KIDS HOW TO LIVE ON WELFARE FOR GENERATIONS TO COME! OH YEAH THATS THE KIND OF LEADER I WANT IN THE WHITE HOUSE.

Pauly   June 17th, 2008 7:33 pm ET

John McCain automatically states that the cause of lowering corporate taxes in Ireland created their boom. But Ireland has allowed anyone who wants to go to college to do so for several years. The cause may have much more to do with a highly educated work force which has been bringing tens of thousands of new high-tech jobs and economic opportunities to the Emerald Isle. India and China have done the same. Where are so many US jobs being offshored to? Coincidence?

I find it hard to believe that big breaks for a few businesses trumps thousands upon thousands of well trained workers who also navigate their way ever more successfully through their job markets.

The question is, if Ireland continues lowering their corporate taxes will they be able to continue this high end education program?

eam   June 17th, 2008 7:32 pm ET

where did he bring change. im asking all you obama-nazis where did he bring change. what did he change in chicago. can any of you answer me that. and dont give me any stupid answers about how he tried. i want actual CHANGE ! CAN YOU TELL ME ! I THOUGHT NOT. FOLLOW YOUR SHEEP HERDER SHEEP!

Lauren, MA   June 17th, 2008 7:30 pm ET

This election has brought so much excitement back to America. And why are we excited? It ain't John McCain, that's for sure. We are excited about taking our country back. We are excited about making history. We are excited about reviving a country, and a legacy that has been dead for the last 8 years. We are excited about real world solutions to real world problems.

Go Barack, help us take our country back. We will vote for you, and stand behind you all the way. NOTHING will stop us, not McSame, not the GOP tactics, nothing. The American resolve and God are bigger than they are—Whoohoooooo, go Barack. We are with you.

Obama 08, 12.

Jimmy, LA   June 17th, 2008 7:24 pm ET

Jeb may think he is going to be president someday, but I say no, he will not. He is as they say, a polecat, who thinks he can pull the wool over this country's eyes, but he can't. He probably wants to be president to redeam his brother's sorry legacy, but there's nothing he can do about that fact.

George is an idiot, and most thinking people are sorry they voted for his sorry ticket. GW stole the first election and he lied to get elected again. I say good. it's good that his legacy is in the trash and no spin will make the American people think otherwise. So Al Gore received an Oscar, and the Nobel Peace Prize, while GW has received the record for being the WORST PRESIDENT IN MODERN HISTORY.

Karma is a …..

texan   June 17th, 2008 7:23 pm ET

Obama is promises , promises , promises. Just like any Politician with out experience promise ,promise. As a business owner if I make money I'll open another business and create jobs but as long as some nut head raises our capital gains tax and give to welfare, medicare, FOOD stamps,
free free free and give to the free loaders I will never vote for that pin head.

2012   June 17th, 2008 7:22 pm ET

"Tax the rich
Feed the poor
Till there are no
Rich no more"…………

Ten Years After, "I'd love to change the world"

Oh, sorry, Obamabots, I forgot this music was waaaaayyy before your time. Hmmmm…..guess it proves the point that those who forget, or in this case never bother to learn history are doomed to repeat it.

al   June 17th, 2008 7:21 pm ET

*********************************************
MANY WOULD ARGUE THAT GIVING THE POWER TO THE PEOPLE IS A SOCIALIST IDEALS. BUT THAT IS WHAT THIS GOVERMENT IS WORKING FOR …..THE PEOPLE. FOR THOSE WHO HAVE WHO PROFITED FROM THE PEOPLE SHOULD BE MORE GENEROUS IN GIVING BACK TO PEOPLE IN NEED, HELPING THIS GREAT COUNTRY OF OURS. GREED IS EVIL. STOP THE MADNESS. VOTE OBAMA.

J.T. Jackson in Michigan   June 17th, 2008 7:19 pm ET

The wealthy have enjoyed the tax code for almost 8 yrs. and we have lost over 400,000 manufacturing jobs in Michigan alone. How can you say that increasing the tax burden on the wealthy will cause job loss? The generous tax code has not saved on job and they re still rich getting richer!!! Can you answer that Ed in NC

I'm Not Insane   June 17th, 2008 7:16 pm ET

Let's see, do I want change or do I want the status quo? Let's see, do I want to continue paying $4. or maybe more for gas, or do I want to take my country back and kick the bums to the curb and do something about our situation? Do I want a president who says he knows NOTHING about the economy, or do I want a president who says he has new ideas to turn the economy around?

This is a no brainer, folks. I don't want McCain because I'm not insane.

Barack Obama 08

M. Felder   June 17th, 2008 7:15 pm ET

The mistake is not giving rich people a tax break, the problem was not adjusting the rate. You can't keep something at a high level and expect things to balance out. When things get out of balance, you have to make adjustments. This Administrative did nothng when they saw things getting out of control. Incidentally, giving rich people tax breaks does not necessarily generate jobs in the economy. Individual tax breaks and business tax breaks are a different breed.

Reality Check Richmond Virginia   June 17th, 2008 7:14 pm ET

I agree with Obamas $250,000 threshold. I am sort of in the middle on corporate taxes. I am for cutting taxes for those companies who keep jobs here, who don't polute the enviroment etc. and not cutting taxes or penalizing those that do………obviously, it would be more complicated than that, but thats the gist of it.

sarah   June 17th, 2008 7:13 pm ET

McCain has admitted that he doesn't know a thing about economic policy: can we afford that right now? And what's his first big idea? Do what Bush did. Only Obama has the political skill and intelligence to get us out of this mess. McCain would be a disaster.

Maria, CA   June 17th, 2008 7:12 pm ET

Yes, they are worlds apart. McCain is wrong and Barack is right. How do I know this? Because McCain is the 3rd term of George Bush and GWB has been wrong on ever thing since he got in office. He will go down in history as the WORST PRESIDENT IN MODERN HISTORY. Need I say more? Okay, I will–we have NOT been attacked since 9/11 because of GWB, but inspite of GWB. I don't trust George and he needs to crawl back to Crawford so that we can revive our country from the multiple heart attacks it has been experiencing since GWB took office.

So who do I want to listen to GWB/McCain or Barack. I think Barack.

I love America and I hate George W.

Donovan   June 17th, 2008 7:00 pm ET

On A final Note,

CNN needs to be fair, Obama gets a lot more press coverage than McCain…Quit staking the deck!

Donovan   June 17th, 2008 6:57 pm ET

Worlds apart on Taxes?

That is only the beginning, Gay Marraige, Guns, SSI…etc..etc.
This Election again will be decided on conservative issues.
Obama did not get a bounce from Clinton, and Remember
McCain is well centered, just Like HC.

McCain For President!

Democrat in LA   June 17th, 2008 6:55 pm ET

This pretty incredible– after all this time to get things sorted out in their minds, the clintonites still don't have a clue. Truly remarkable how checked out this demo is. Talk about Kool-Aiders, these guys got played by Hillary and her strategists like a violin. And this idea of "getting back" by voting for McCain? Emotional, knee-jerk responses are supposed to last a few hours or days, not weeks and weeks. Experience? Clinton? Number 34 in seniority among Senate Democrats? Clinton doesn't even have enough clout to do anything significant in the Senate. She's finished. For good. Over. Done. Anything she accomplishes moving forward will be due to the kindness and graciousness of Mr. Obama and his administration. Maybe Chelsea will have better luck in 2016.

William, from Cali!   June 17th, 2008 6:48 pm ET

"From those, which much is given; much should be expected!" Pay your "Fair" share……………………………………………….The rich gets richer; the poor gets poorer, that's the good olde, American way…………………………………

Sherri   June 17th, 2008 6:47 pm ET

For you PUMA's out there ready to vote to cut off your noses to spite your faces, what do you think about the fact that ten years ago, John McCain had to apologize for telling a Republican audience an extremely crude joke about Hillary, Chelsea and Janet Reno? Do you know about this? Do you care? He certainly didn't care about them then, and I'm doubting that he cares much about them now.

never hillary again...   June 17th, 2008 6:46 pm ET

for all of you obama haters, like it or not, obama wil win with big margin.

Donna in ID   June 17th, 2008 6:46 pm ET

I would like someone to explain to this old lady how the hell we are going to pay off this atrocious obscene dept that Bush 2 got us into.
It looks like everyone should be prepared to bite the bullet and pay. And be prepared to have it last a long time since it is going to take forever if they keep wanting tax cuts for everyone. No money — no pay,
Then all the people we owe will foreclose on our country.
Now would be a good time to start looking at a flat tax.

bruce becker   June 17th, 2008 6:43 pm ET

TAX questions for the Bush/McCain regime:

1. From each according to their means, to each, according to their need.

2. Or, every man/woman for him/her self.

Which is more like what Jesus would have done?

bruce becker   June 17th, 2008 6:41 pm ET

When does McCain have to get tested for short term memory loss and for incipient Alzheimer's? Why is it supposed to be ok that his 1,300 pages medical memoir is absent one word on Alzheimer's and short term memory loss?
What a sham. Republicans need to bring this up so we are not stuck with Ron Reagan again, with Nancy hiding him for years.

David   June 17th, 2008 6:40 pm ET

A vote for McCain is a vote for the same rebublican machine that has created the present economic and foreign policy mess, it is becoming obvious McCain is just a puppet.

Off shore drilling, it will take 10 plus years to see benefits, a commitment to alternate and clean sources of energy could easily allow for a far greater impact then off shore will allow.

McCain, you have backtracked on anything that seperated you from the present gong show of a government.

Chris in Ca   June 17th, 2008 6:39 pm ET

Neither one of these plans is a win-win. Obama promised change, but his plan is change I can live without. McCain is just following the basic Repub principle that has already been a failure. Neither of these candidates has the insightfulness to be innovative and create something different that will work. Corporations need people and people need corporations…so give it some balance. They act like there is only a left way or a right way to remedy our problems. It is just more BS with these two guys.

Ben   June 17th, 2008 6:38 pm ET

We did not do fine with Bill Clinton!! If you look at the record foreclosures of homes in America you can directly shake Bill Clinton's hand and thank him for them….

bruce becker   June 17th, 2008 6:38 pm ET

Taxes: I like Huckabee's plan. End all income tax and go to a combination of federal sales tax and increased inheritance tax.
This will sweep up people who are not paying taxes, including illegal aliens working for cash, tradesmen working for cash and barter, and the offshore fakers who pretend to be from the British islands.
Everyone who buys a product pays a tax.

bruce becker   June 17th, 2008 6:36 pm ET

McCain voted against ALTERNATIVE ENERGY RESEARCH.
Now he wakes up from his long slumber to see that prices are going through the roof. FYI John, it takes five to ten years for an oil company to bring oil in to shore after drilling is approved.
Want a REAL solution that fast and is REALLY a break with Bush?
Only allow cars on the road that are below 30 MPG on even and odd days by their license plate first number. All vanity plates with words are odd number.
Put all trucks that are below 20 MPG on even and odd days.
Stop allowing the sale of SUVs that get less than 20 MPG!!
End of oil shortage. Ta Da!!!!

Ready for Change   June 17th, 2008 6:34 pm ET

Hey ALAN???

Some people can't go to college because they can afford it. You should think before you speak. Poor people don't resent the rich. You make more, you pay more. It's as simple at that. I didn't go to college and stupid me I knew that. AND you totally lumped poor people as being lazy, too. You've got some nerve. I'd rather have common sense anyways.

Ben - Portland   June 17th, 2008 6:27 pm ET

A CNNmoney headline from Feb. said Exxon made $1300 a SECOND in 2007, when oil was a paltry $65/ barrel- they made over $40 Billion in '07. The price per barrel has since doubled. By very simple math, they'd stand to go over $100 Billion this year while raking in more money per second than most people make in a week.

They also gave their former CEO a $400 million dollar retirement package. That's right almost a half a billion bucks to never work again.

And McCain wants to give THEM a break? Look up the donations by pacs this cycle. Oil companies own the republicans.

I AM NOW AN INDEPENDENT!*********   June 17th, 2008 6:21 pm ET

THE WIND FALL TAX WAS HILLARY'S IDEA!

THIS GUY IS SO CHEESY, CAN'T HE COME UP WITH HIS OWN IDEAS?

OBAMA IS STUPID! AND FOR OUR COUNTRIES SAKE WE BETTER PRAY HE DOESN'T WIN!
I AM SCARED TO DEATH, AT THE THOUGHT OF OBAMA IN CHARGE OF ANYTHING!
HE WON'T GET MY VOTE!

Lyn   June 17th, 2008 6:16 pm ET

Ready for Change — the reason you are living from paycheck to paycheck is because you can't spell, and your post shows that you have no understanding of English grammar. Sorry. But it is true.

Lyn   June 17th, 2008 6:13 pm ET

Oh, Wolf Blitzer, you are such a lightweight and so easily buy partisan baloney. You will never, ever replace Tim Russert in the hearts and minds of educated Americans. It is your beloved Congress that is resposible for high oil prices, not oil companies, not Bush. Congress has made us dependent on foreign oil by refusing to allow drilling in our homeland and offshore. Congress is promoting worldwide inflation by preventing drilling, and you ain't seen nothing yet. It's just starting. They are even promoting third-world starvation by paying farmers to grow corn for ethanol rather than food. Mr. Blitzer, stop espousing your ridiculous analyses. Nobody is listening. Your ratings prove it. I can't believe I'm even responding, as you are not worth my time or attention.

eam   June 17th, 2008 6:05 pm ET

look here, obama trying to profit off another clinton idea. not surprising at all . how in the hell is he a good leader when he can't think of anything him self . how pathetic is that. is that how he is gonna turn around the economy . should have just let clinton do it you copy cat loser. get your own ideas. i guess since he just takes other peoples ideas maybe he should have been a rapper, they do it all the time.

WHAT COMES AROUND GO'S AROUND   June 17th, 2008 6:03 pm ET

ALL I HEAR IS HILLARY'S SUPPORTERS THAT WILL VOTE FOR McCAIN IN 08 AND HILLARY IN 2012 WELL OBAMA HAS 17 MILLIONS VOTER WHO NOT VOTE FOR HILLARY IN 2012. SO WHO WINS REPUBLICANS. THANKS.

martin,arkansaw   June 17th, 2008 6:02 pm ET

yes,wolf.rich people will soon be sharing all the money they've made,by squandering our nation with republican wars,lack of preparedness for disasters,economic nightmares,etc…noone else has any money left,to pull the nation from its woes.

to tim, alaska   June 17th, 2008 6:02 pm ET

This is why so many people are against Obama…. he makes it seem this way…

1) I (Obama) lived the American dream

2) It's almost impossible now

3) I blame rich people (even though he is a millionaire in his own right

4) Let's tax the rich and give free handouts to anyone that is not rich

5) Let's tax companies (not just oil) who seem to be making too much money. Those taxes will pay back those that spent too much at their business.

Apparently, it's cool in America to get a handout, which is a big slap in the face to the heartland of America IMO.

There should be a mix of progressive and regressive taxes. Taxes on gasoline is a great example of a regressive tax (virtually, any flat tax can be deemed as regressive).

Jim in S.C.   June 17th, 2008 6:02 pm ET

What is wrong with giving rich people tax breaks? Don't you want them to spend money? That creates jobs for everyone else. I want the rich people to build new houses, that creates construction jobs, maintenance jobs, jobs for brick manufacturers, etc.

I want rich people to buy cars, because this creates jobs for those in Michigan, tire manufacturers, steel manufacturers, etc.

Please think about this people.

DeeJam - Los Angeles   June 17th, 2008 6:02 pm ET

BTW - I like your plan Brian Knoxville TN

DeeJam - Los Angeles   June 17th, 2008 6:00 pm ET

I keep reading these blogs about how Obama treated Hillary. What did he do to her? He campaigned against her and won. He was respectful, courteous, and he ran a smarter campaign than she did. In the end she lost, not because of Obama, but because of her mismanaged campaign.

PUMAs need to drop it. Obama didn't do anything to HRC.

Marilyn   June 17th, 2008 5:57 pm ET

I agree with Obama !!!!!!

Ready for Change   June 17th, 2008 5:55 pm ET

If your well off and don't think we are in a recession and gas isn't that expensive, then McCain is your man.

If your living paycheck to paycheck, have to decide between a gallon of gas or a gallon of milk for the kids, have no retirement to lose because well you can't save money you don't have, then Obama is your man.

If I hit the lottery before November, I'll vote for McCain…

Brian Hateville TN   June 17th, 2008 5:54 pm ET

All i want to say is "Go Democrats !!!" Go Obama - the leader with real discipline, solutions and honesty !

Obama -08-16.

The Federalist   June 17th, 2008 5:54 pm ET

I've often wondered how exactly it is that I will be "better off" if the government steals even MORE money out of my paycheck.

And, for the record, I've never once been offered a job by a poor man.

The government does not create jobs, the market does. Tax away the capital to create those jobs and we're all in a pickle. Of course, anyone whose spent five minutes in ECON 101 could tell you that.

Brian Knoxville, TN   June 17th, 2008 5:45 pm ET

Please be advised that there are other bloggers out there posting under my good name and its making me angry. Its causing me to go crazy and make false accusations against Mr. Axelrod that are completely unfounded. Its causing me to still operate under the delusion that somehow Hillary was cheated out of the nomination when we all know that she got beat fair and square. I know that I need to come to grips with my candidate losing the nomination and that I need to support Obama in November.

Obama '08

Enlightened Voter   June 17th, 2008 5:42 pm ET

Hey people, economics 101. GWB has been giving corporations tax cuts for years and how did they reward him, by shipping jobs overseas. DUH! So how bout we get a tax break for a change, you know us middle and below people who GWB ignored and now john mcwar wants to ignore. Come on, wake up america! Did you just sleep through the last 8 yrs?????

Brian Knoxville TN   June 17th, 2008 5:42 pm ET

I am no democrat.The fact is, my party. the GOP has put such an old and weak candidate that we have to try even harder this time to sell our lies.No option, but to spread hate among democrats and
win this election.Fact is, I am affected by high gas prices,high food prices, high cost of medical insurance and all that.I know my party or McCain doesnt or will not have any solutions for our problems.
My party is run by the lobbyists.McCain is no different.{He didn't hesitate to take the $300,000 from the "rape" millionaire}
But you have understand, we cannot afford to let the democrats
get to the WH.

Teri   June 17th, 2008 5:41 pm ET

Pat Riot called Obama "Santa Claus". I think of him more like Robin Hood. People making under a certain income want Obama to be their champion. Mug the "rich guy" - steal his money - and give it to them. I have seen comments where people actually say that they are waiting for a check! One comment was basically: "Why should the rich guy get to keep his winnings?" Loot. and Looting. Big part of Obama campaign.

peakarach,des moines,IA   June 17th, 2008 5:39 pm ET

IOWA FOR OBAMA!

nick   June 17th, 2008 5:37 pm ET

excuse my previous post. i actually love obama, he makes me feel warm and fuzzy inside!

Ron   June 17th, 2008 5:36 pm ET

That's a tough issue and one without a clear answer. The economic turn around in Ireland did work and has truly made its mark in the job sector. But what works for one economy may not work for another and changing the tax rate is only a small part of a bigger equation. Labor rates, land cost, worker availability, strength of the dollar, and total utility expense, including transportation costs are all factors that go well beyond the tax regulations.

I think it is fair to say that Senator McCain's tax policies have been tried since the Reagan administration and while the market did well, corporate abuse and worker lay-offs have been at an all time high. Corporations are in business to make money and pay out as little as possible. They do not operate for the good of the community, state or country unless there is a tangible economic benefit to them in the long-term. Senator Obama's plan makes more since for the here and now until the US dollar is strong enough to have equal purchasing power in major international markets.

Val   June 17th, 2008 5:35 pm ET

Obama is a man for the people! Down with Mcinsane!

GO OBAMA, ALL THE WAY TO THE WHITE HOUSE!

Brian Knoxville, TN   June 17th, 2008 5:33 pm ET

I LOVE OBAMA! He represents the PEOPLE, unlike Mcsame, who switches positions from anti-big oil to pro-big oil as soon as he is confronted by BIG OIL!

What a sell out!

OBAMA08!

John Smith   June 17th, 2008 5:32 pm ET

If Hillary supporters are MORE interested in the Candidates than the Major Issues facing this nation, let the "bitter voters" go ahead and vote for Mcain! Some of us will NOT be willing to listen to those "bitter voters" when:
1. the price of gas hits $5,oo plus
2. our people remain stuck in Iraqi
3. when Hillary is off with Bill enjoying their $109 million
4. when the supreme court is finally loaded with conservative judges
5. when we are burden with the invasion of Iran, and the list goes on.

No one, not even Obama, should beg these "bitter Hillary" voters; let them go ahead and vote for McCain and the Republicans!

BIFF, BIFFINGTON...   June 17th, 2008 5:27 pm ET

Does everyone KNOW that 40 years ago… about 50% of all tax revenue came from corporations??

THAT NUMBER IS NOW DOWN TO AROUND 15%.

(by the way… who makes more… you or a corporation??)

WHO DO YOU THINK MADE UP THE DIFFERENCE…… (it's ok… you can say it)…… joe everyman, taxpayer is who!

you all COOL with that? I'm not, as we give tax BREAKS to oil companies making record profits.

WHY CAN'T THEY TAKE THESE RECORD PROFITS AND INVEST IN ALTERNATIVE FUEL RESEARCH……?? WHY?? because they would be STUPID to do it…. (i mean.. they got a good thing going, right?)

but hey… let's campaign to the little guy that the liberals are tax and spend… he's stupid enough to buy it, and we can keep not paying JACK!
(freaking population of morons!) UGH!

EXCUSE ME WHILE I VOMIT!

(apologies… just REALLY sick of being manipulated)

yes, we had a surplus under Clinton... but   June 17th, 2008 5:24 pm ET

remember we still had a $5 trillion dollar debt to pay back which was slowly getting better with the surplus.

Yes, Bush crippled us with war and lowering taxes (income for the government) for about a 2 year stretch, but his rate of falling deficit is about 1/4 of what it was in 2002, so it's slowly coming back around.

The difference between Obama and Clinton is this (speaking about Bills 8 years). Bill understood you can raise taxes a little, but not overtaxing businesses and investors which will RUIN the job market.

Bill found a nice little setup that worked very well in terms of creating a surplus.

However, Obama is basically for taxing everyone and everything at this point. Yes he talks about a $1,000 tax break, because he'll get you back in capital gains, gasoline taxes, etc….

When we are in the recession we are in, the last thing we need to do is put wealthier people at a point where they can't hire employees or keep them on staff…

If Obama is serious about his windfall taxes and raises in capital gains, he will CRIPPLE our economy faster than you can say dubya.

Brain Knoxville, TN   June 17th, 2008 5:22 pm ET

Oh no! Yet another Obamabot has weaseled off with my name—Brian Knoxville, TN—and has been using it to undermine my right to pour derision and hate on the Obama campaign… oh no!

Wait a minute…

Now where could a little n*****lovin' Obamabot have learned a trick like that?

Oh, that’s right. The Presumptuous Talkshow Host formerly known as Lord Limbaugh taught him how to do it when he used Operation Chaos to overinflate Hillary's numbers and make her seem like a winner, which she does not deserve.

Is this really the best way you can think of to silence me, black man? Is this it, to instruct your Obamabot minions to use my name and say the exact opposite of what I think is true (I could never be wrong when I hate this much!!) about your sleazy (HATE HATE, PUMA!), elect-er-I mean-selected (HATE HATE, PUMA!) and unqualified (unlike me! HATE HATE, PUMA!) wanna-be presidential candidate? What, tarb*by, no threats to silence my voice the way you will silence me in 2012 when we try to vote for Clinton and fail? Now I really am disappointed in myself… I thought my hate was stronger…

And I thought I was disappointed in myself before, when I abused our democratic system with testosterone and hate in order to mock Obama and delegates from caucus states (which aren't really legitimate anyway… Our Lady of Clinton said they aren't!) and then block the possibility for fair primaries in Michigan (which Hillary did but then changed her mind, haha what a knee slapper Hillary, we all got your joke!).

So this is the best I've got? Now I know it'll be impossible to stop you with my hate.

The McChosen One won’t win in November and solidify his hostile takeover of Iraq and the party of millions of true Democrats.

Believe that, bush monkey.

Count on it.

Puma Democrat forever! Bitter Democrats and trouble-making Republicans in disguise… the future inane naysayers of the Democratic Party!

BIFF, BIFFINGTON...   June 17th, 2008 5:20 pm ET

Willy said…..
June 17th, 2008 4:46 pm ET
OBAMA is a TAX & SPEND LIBERAL people, Progressive = liberal
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Willy, i was just wondering…. how's the current economy workin out for you?

THIS president has borrowed and spent more then all predecessors COMBINED…

THEN HE GAVE TAX "BREAKS" TO THE VERY PEOPLE WHO DON'T NEED THEM…… GET THIS……. IN A TIME OF WAR!!!!!

DUDE…. BOMBS DON'T PAY FOR THEMSELVES!!!!! you should appreciate THAT, right?

i know… i know… facts SUCK….
p.s. …… that ronald reagan mantra……. HOW MUCH dust did u blow off of it when you dusted THAT gem off????

Kim   June 17th, 2008 5:19 pm ET

Obama = Democrat = balanced Budget. McBush = Trillion dollar debt owed to communist china! Never ending war. Ruined economy!

Rick FL   June 17th, 2008 5:18 pm ET

Willy & peakarach, please research Obama's tax proposals. He plans to CUT taxes for Americans making under $75K, eliminate taxes for seniors living on SS under $50K, and no capital-gains taxes on small businesses.

Obama's tax plan is a fresh approach compared to McCain's reversal to adopt Bush's plan, that attributed to record-breaking deficits under a Republican majority. Your rhetoric will not work this time.

Dem '08
Si se puede!

Janet, American via Canada   June 17th, 2008 5:17 pm ET

Just look at those companies, with tax breaks for years, where are they now? Jobs in India, China, South America, Far East etc etc etc!

And these Big Corporations want more tax breaks, while the economy goes out the door.

The Clintons also help take trade off shore, so please people do your homework, the information is there for all to read and see.

Maybe when you look at how long the off shore deals have been happening (20+ years and how many presidents involved) then the War just happen to redirect the recession (depression) that followed!

Tom Eyemdaman   June 17th, 2008 5:16 pm ET

Obama mantra: redistribution of wealth, stifle the competitive spirit, overtax companies so they move out of USA

McCain mantra: proportional tax breaks (for everyone!), entice new business to USA (which creates jobs), encourage competitiveness and entrepreneurship.

I personally like McCain's ideas better.

Obama's policies will stifle investment and cripple our economy for good.

MD   June 17th, 2008 5:16 pm ET

Wolf has done it again!!!

One more obvious point. One more useless commentary.

CNN needs FRESH NEW BLOOD in its self-proclaimed "The Best Political Team on Television."

Truth Be Told   June 17th, 2008 5:13 pm ET

Is it over yet?

Come on November…

Obama 08!!!

Chuck B Coastal NC   June 17th, 2008 5:12 pm ET

PEOPLE, DON'T BUY INTO THE GOP SLOGAN SHOW…… THE GOP are the party for tax and send. Obama is going to get us back on the right track, McCain is going to keep us on the same dangeruos path that BUSH has us on. The GOP of "trickledown economy " is the death of this country. This has been in there playbook since the 1960's. Obama will make the weight of taxes being paid, more equal and fair.
OBAMA WILL MAKE TAXES FAIR FOR EVERYONE.

Always a Dem in TX   June 17th, 2008 5:11 pm ET

This is ridiculous. Currently I would not benefit from McCain's tax plans but as a future doctor, I probably would in 15 years or so once the ridiculous debt I'm in starts to dwindle. I don't care how much I'm making, sometimes it's about more than me, myself and I. If I make a little bit less and some kid gets health care, that's okay by me. I know I won;t be starving or suffering in the future, but plenty will be. I just don't understand the pure selfishness of some of the wealthy.

twb   June 17th, 2008 5:10 pm ET

McCain Victory = War in Iran
War in Iran = Even Worse Economy, spending all our Tax money outside of America
Bush/McCain Said Iraq Would lower Price of Gas.
McCain Victory = More Right Wing Supreme Court, Goodbye Right to Choose.

Mike   June 17th, 2008 5:10 pm ET

Actually Wolfie, McCain was very much against the Corporate tax cuts in 2003 and 2005. But now with over one hundred corporate lobby crooks working for his campaign. McBush has fliped and floped over to the side of his Billionaire Corporate money doners.

peakarach,des moines,IA   June 17th, 2008 5:06 pm ET

OBAMA/OSAMA 08!
================
MCCAIN 08!
HILLARY 12!
==============
NOBAMA!

Mike, Iowa   June 17th, 2008 5:05 pm ET

Obama only wants to raise the taxes of rich people who can afford it. If people want to complain about it then they are probably the sick rich people who want to cry that they have to spend some more of there precious money. Iiberal conservative… who cares! No more republican lies and BS! cry over over one issue when there are far more important issues to worry about then the poor rich people who have to pay more. Big babies screw over the american working man that made you rich in the first place!

tim, alaska   June 17th, 2008 5:05 pm ET

"Brian Knoxville, TN June 17th, 2008 4:13 pm ET

I love obama! do whatever you need to, to put more money in my pocket!

OBAMA!"

wait…what!? i thought brian was against obama…oh well, i suppose it doesnt matter.

either way, i'd say that we need to consider a different economic plan from both. instead of blindly "taxing the rich" or "tax cuts for the poor" we should be more specific. i agree with tax cuts for the poor, because lets face it, they're poor. they need all the help they can get, no offense to them. its not their fault, its merely the natural result of a competitive capitalist society. there's nothing wrong with that, but there is something wrong with leaving them to rot at the bottom of our economy.

as for taxing the rich, i would say do this with discretion. i am in favor of a progressive tax because, lets face pure mathematical facts here, 25% of my taxes is huge where 25% of Mr. Gates' taxes is hardly worth mention. take 25% from me, i'm hurting. take 25% from Mr. Gates, he can still afford his mansion, cars, etc…but i digress. progressive tax is good, it balances the burden of tax throughout all income levels. keep in mind, though, that in some cases, they did work from the bottom to get to where they are now. taxing too heavily could be seen as punishing success which would truely be a disaster. instead, target specifically the corporations themselves with a similar progressive tax based on their profits so that the more profitable companies are taxed more heavily than smaller, less affluent companies.

Brian from Fort Mill, S.C.   June 17th, 2008 5:04 pm ET

"Brian Knoxville, TN June 17th, 2008 4:37 pm ET

Not again… yet another Obamabot has weaseled off with my name—Brian Knoxville, TN—and has been using it to undermine my right to express myself fairly in our political system…"
————————————————–
I heard about you Pumas. I thought Puma was a sneaker. I'm more of a Nike man myself…. :)

Alan   June 17th, 2008 5:03 pm ET

I never did understand the Liberal's resentment towards people who make more money than them. People who make more money are usually the ones who went to college, sacrificed more time and money getting a college degree, and worked hard at their job to get ahead. Other people decided they would rather forget college and just go work in a factory. But somehow, the guy making more money doesn't deserve to keep what he makes according to Liberals. Why? People who make a lot of money already pay for the majority of taxes in this country. Low income people pay next to nothing in taxes, but somehow they resent people who make more than them, so they want them to be taxed even more. It's Socialist, plain and simple. I also don't understand Barack's plan to RAISE corporate taxes when the US already has the second highest corporate tax rate in the WORLD. But, that's not good enough for Barack. He want's to be number 1. If corporate taxes are raised, large and small business WILL lay off people. It's not even a debate. Also with taxes going up, businesses will raise their prices to try to make up for the tax increase, which will hurt EVERYONE. So, Barack's vision to fix the economy is to raise taxes, resulting in people geting laid off and retail prices going up. ???? Yea, I know, it sounds insane. Also, he's going to raise capital gains taxes, which will hit EVERYONE, and not just rich people. My mother isn't rich, but when she retires, she will pay more taxes to cash out her IRA under Barack's plan. Bad for people and the economy. Trust me, we don't want to go to a Europena style of Socialism. The reason America built such a strong economy is because we were far from Europe's Socialistic policies. Sure, the poor people will be happy because they will get more for doing nothing, but everyone else loses. Barack being elected will be America's economy killer. I will fear for my retirement if he gets elected. Scary, scary, scary. Liberals, just get over your resentment over people who make more money than you. They worked harder to get where they're at, get over it.

Brian from Fort Mill, S.C.   June 17th, 2008 5:02 pm ET

"Hillary Clinton June 17th, 2008 4:18 pm ET

For goodness sake, vote for my friend, John McCain. Anyone is better than Obama. Believe me, I've seen the skeletons. It's not pretty."
——————————————————————-
Never mind the skeletons. Have you seen that huge lump on the side of John McCain's face? It looks like he's hiding a sausage biscuit in his left cheek! :)

Dems be dopes   June 17th, 2008 5:00 pm ET

Let's see…………..

Raise the tax on corps………………I raise the price of my product to the public.

If sales drop, who do I fire?

Who won there?

Raise the tax on me, what do I no longer spend my money on?

Who won there?

Brian from Fort Mill, S.C.   June 17th, 2008 5:00 pm ET

"Jayson June 17th, 2008 4:15 pm ET

Yes they are since Obama believes that the rich are piggie banks for the government and that being rich entitles you to be part of a higher tax bracket and pay a larger percentage of your income to the government."
————————————————–
Yep. That's about right. So what's your point…?

Ridgeway   June 17th, 2008 4:59 pm ET

Obama is a socialist period. Pandering to the gimme' gimme' entitlement groups. Vote for me and I'll make sure the working folks pick up the tab for the drug addicted, baby popping Pez Machines. Oh, boy if ever there was a person who deserved to be President less than Obama their in prison somewhere for sure.

Brian from Fort Mill, S.C.   June 17th, 2008 4:59 pm ET

Willy June 17th, 2008 4:46 pm ET

OBAMA is a TAX & SPEND LIBERAL people, Progressive = liberal"
———————————-

So was Bill Clinton. And we did fine! :)

Brian from Fort Mill, S.C.   June 17th, 2008 4:58 pm ET

"Willy June 17th, 2008 4:46 pm ET

OBAMA is a TAX & SPEND LIBERAL people, Progressive = liberal"
———————————-
And your point is… ? :)

AK in LA   June 17th, 2008 4:55 pm ET

I don't know….what does Caroline think?

Brian from Fort Mill, S.C.   June 17th, 2008 4:54 pm ET

"peakarach,des moines,IA June 17th, 2008 4:45 pm ET

HILLARY,PLEASE DO NOT CAMPAIGN FOR BARACK HUSSEIN OBAMA PERIOD.
================
MCCAIN 08!
HILLARY 12!"
————————————————-
I don't think she heard you! :)

Mimi De La Cruz for OBAMA   June 17th, 2008 4:54 pm ET

MCBUSH IS TOTALLY AGAINST SPENDING ANY OF OUR TAXES

ON US. I WOULD BE WILLING TO PAY A HECK OF A LOT MORE

TAXES IF THEY WENT TO OUR CHILDREN, OUR VETS, OUR

SCHOOLS, OUR HEALTH CARE SYSTEM. WE ARE GETTING

ROBBED BY THIS ADMINISTRATIO & MCBUSH WANTS TO

CONTINUE IT. I KNOW A LOT OF PEOPLE THAT MAKE

MORE THAN $250,000 & DO NOT WANT A TAX BREAK, BUT

ARE DISGUSTED TO NO END

ABOUT THE LOOTING OF AMERICA.

Ben   June 17th, 2008 4:54 pm ET

Obama will not put money in your pocket, if anything he will be taking more of it out…not to mention withdrawing from Iraq could possibly be the biggest mistake a president would ever make in history to date..

Jon   June 17th, 2008 4:53 pm ET

S.B. Stein E.B. NJ June 17th, 2008 4:22 pm ET

It is a question of who does a better job. It is also a question of what the goals and priorities are. How do the corporation give back to the country and the communities that they work in? Often times, they don't give back at all or very little.
________________________________________

Well, in 2005, corporations gave over $13.8 billion to charitable organizations. But yeah, they don't give back much, do they???

Also, corporate dividends and stock prices are tied to most people's retirement accounts, so lower corporate taxes mean higher dividends and more money for many of us when we get to our golden years.

But, by all means, keep thinking the corporations are the bad guys.

Val   June 17th, 2008 4:53 pm ET

McCain is absolutely right when it comes to tax and economic policies. In fact, his policies are one hundred times better for our country than that of Obama's. Obama is all for redestribution of income while McCain is all for personal reponsibility. That's huge difference right there!

I just actually recently read about Ireland and the country's economic boost after years of struggling. The economy in Ireland is very strong now and that's because of the lowest corporate tax rates in that country. That should speak volumes to the American people. Wake up and reject Obama's socialist policies!

United We Can! Together We Will!

McCain 08! McCain all the way!

Mary (Texas)   June 17th, 2008 4:51 pm ET

Now OBAMA looks back at the "Clinton Administration" as his example of what he wants to do. I think he is so full of it…. And yes Hillary will campaign for him because she is a truly a good individual but I will still not vote for him as I did for Hillary… McCain get off you duff and fire up your supporters — you can beat OBAMA……

McCain 2008 - Hillary 2012…..

Agnostic Democrat   June 17th, 2008 4:51 pm ET

Boy, Wolf, this really took a lot of energy and research. D'uh! Tell us something we don't already know if you think you are such a top-notch reporter. You don't hold half a candle to Russert. Maybe by the time you reach retirement, you'll have scratched the surface of his success.

FL Dem   June 17th, 2008 4:49 pm ET

"Supply side economics" can't work when the money trickles down to China to produce the jobs. This isn't 1980 anymore. Vote Democrat.

Ula Nejad- Sacramento Ca   June 17th, 2008 4:48 pm ET

Wolf knows better that Carly Fiorina's take on the economy makes sense. She is right on target about the small businessess. It is said that 51% of the women make up this sector which is encouraging. She knows what she is talking about when it comes to tax cuts. No-one can argue that. She like Clinton is tested and proven.

Willy   June 17th, 2008 4:46 pm ET

OBAMA is a TAX & SPEND LIBERAL people, Progressive = liberal

peakarach,des moines,IA   June 17th, 2008 4:46 pm ET

OBAMA=RAISE YOUR TAX. MCCAIN DOES NOT. ENOUGHT SAID.

Willy   June 17th, 2008 4:45 pm ET

Wolf you can talk now. The Clinton's are gone

peakarach,des moines,IA   June 17th, 2008 4:45 pm ET

HILLARY,PLEASE DO NOT CAMPAIGN FOR BARACK HUSSEIN OBAMA PERIOD.
================
MCCAIN 08!
HILLARY 12!

Gabrielle, Lancaster SC   June 17th, 2008 4:44 pm ET

FYI: Eliminating tax breaks for the wealthy will not cause jobs to be lost. Jobs are lost for a lot of other reasons…with all the breaks under the Bush administration, we still experienced a large number of jobs off-shored….

On another note, I just wanted say that most people who post on these blogs have already decided who they are going to vote for. It doesn't matter what the story reports, people will find ways to praise and criticize Obama from reading the exact same story. I have a secret though. These posts on these blogs only represent the opinion of less that 2% of the voting population. The race will be decided by people who aren't on these blogs who actually vote based on the issues…

Obama '08

Pat Riot   June 17th, 2008 4:43 pm ET

Obama offers no solution but more government. The socialism that Obama is selling is not progressive and it is not change. Socialism is an old and dated idea. I know it's flashy and fun to be involved in politics Obamites; but if you want something go get it for yourselves. Don't use the government to take something from one person and give it to you because in the end noone benefits. Most of the youth involved in his campaign have likely never even paid taxes. They just think Obama is a Santa Claus that will give everyone what they want. In the end Obama is just as fake as Santa Claus. An opportunist with little experience. It is very sad that so many of you haven't realized this.

Ian   June 17th, 2008 4:41 pm ET

We had a 3 trillion dollar surplus at the end of the Clinton administration.
We have a 3 trillion dollar deficit now, as the Bush administration ends.

Who had better tax policies?

Winthorp   June 17th, 2008 4:41 pm ET

Hey Hilary fans, if you won't vote for Obama ordinarily, how about a bribe. Say, an extra thousand dollars in your pocket.

Joe Six   June 17th, 2008 4:41 pm ET

Actually, Obama is better for you if you make less than $30,000 per year. Otherwise, you will do better with McCain. Obama will drive the stock market down with capital gains taxes, windfall profit taxes, extra corporate taxes, increased taxes on dividends, etc. As disposable income declines, real estate prices will also decline even more. I'm not a big fan of McCain's economics, but at least he will not hurt economic growth the way Obama will. On the other hand, if you are poor and looking to be supported by Uncle Sam, Obama is your man.

Ready for Change   June 17th, 2008 4:41 pm ET

Obama wants to go back and snag all of Clinton's ideas it seems. If he didn't have any better than hers why is he the nominee?

Brian from Fort Mill, S.C.   June 17th, 2008 4:40 pm ET

"Ed, NC June 17th, 2008 4:23 pm ET

Does Obama not realize that eliminating tax breaks for the wealthy will cause jobs to be lost? It is the wealthy who invest and create jobs."
————————————————————————
Do you remember Bill Clinton?
Do you remember the economy was booming? Everybody made money, even poor people.
Did he give the rich a tax break? Hell no.
It's not just about tax breaks. It's about balancing the budget, it's about investment in technology, it's about many other ways of spurring economic growth.
Do you remember the internet? Well, because of Bill Clinton and Al Gore, the internet exploded from military departments and universities to the World Wide Web.
In other words, if it weren't for them, we wouldn't be having this conversation!
Got it? Good!

Andrew,KS   June 17th, 2008 4:40 pm ET

I like how Wolf tries to seem non-partisan in these little reports he does, but it doesn't take much to see which whay he really thinks the wind should blow.

Nice journalistic intergrity Wolf!

Darrel from Denver   June 17th, 2008 4:39 pm ET

No kidding? Republicans and Democrats have different views on taxes? Really?

Thank you, CNN and Mr. Blitzer for pointing out the blindingly obvious. You continue to show your lack of capability in your reporting and your postings.

You cannot possibly bring yourselves to report in an un-biased manner and it clearly shows.

The time for change has come. The establishment is on its way out. Should you continue to reflect that establishment, you will be irrelevant sooner rather than later.

It appears several at CNN already are, Brown and Blitzer among them.

nick   June 17th, 2008 4:38 pm ET

We cant keep over taxing the Wealthy Senator Obama, thats why they send jobs outside the U.S. because of people like you.
Fair tax for everyone!
But keep it up Obama- your one of the reasons for out-sourcing jobs.

McCain 08*

Will in Richmond, VA   June 17th, 2008 4:37 pm ET

Keep in mind that many deductions will still be available under Obama's plan.

The wealthiest of Americans have always been able to use whatever the tax codes are to their best advantage. This is one of the reason why they stay so wealthy.

Catty   June 17th, 2008 4:37 pm ET

"Change isn't free"

That is the dumbest thing I've ever heard. By taxing big companies, it's only giving MORE incentives to close up shop and go somewhere else! BIG COMPANIES EMPLOY AMERICA!! Not government! BIG COMPANIES FUND RETIREMENT!! Not government!

So before you go whining that Big oil needs more taxes (I guess their 8.5% profit margin is just too high, although hedge funds are at about 82%) realize that their profitibility and revenues are funding your retirement, they're employing you and your kids, and they're the reason this economy is still afloat!

And Mr. "Change isn't free" go read up on a few founding fathers who would disagree, i.e George Washington, John Adams, and Thomas Jefferson!

Mike, Syracuse, NY   June 17th, 2008 4:37 pm ET

If you are tracking everything Obama is promising, the only way he can pay for it all is to raise ALL of our taxes. Either he'll not do most of what he says he will, or we are all going to be joining the socialist world.

Brian Knoxville, TN   June 17th, 2008 4:37 pm ET

Not again… yet another Obamabot has weaseled off with my name—Brian Knoxville, TN—and has been using it to undermine my right to express myself fairly in our political system…

Is this really it, Axelrod? You really can't think of a better way to undermine my voice than to instruct one of your Obamabots to use my name and say the exact opposite of what I know to be true about your sleazy, selected and unqualified wanna be presidential candidate? What, Axelrod, no better ideas, no threats to silence my voice the way you have threatened others?

Now I really am disappointed in you…

And I thought I was disappointed in you before, when you abused our democratic system in order to help Obama sleaze of with delegates from caucus states and then blocked the possibility for new primaries in Michigan.

Well, seeing that this is the best you got, it looks like it'll be easier to stop you than I thought.

The Chosen One won’t win in November and solidify his hostile takeover of my party and the party of millions of true Democrats.

Believe that.

Count on it.

Puma Democrat, true Democrat and future of the Democratic Party

Charlie   June 17th, 2008 4:36 pm ET

Ed what country did you come from, the wealthy do not create jobs they save money.

Proud American   June 17th, 2008 4:34 pm ET

Simple… one gives to the top 2% (McCain) while the other gives to the bottom 98% (Obama). The top have had 8 years of riding on our backs. Time for a change.

Will in Richmond, VA   June 17th, 2008 4:34 pm ET

I'm in favor of lower taxes too. I'm also in favor of a level economic and educational playing field for all Americans.

If more of the money that the wealthiest corporations and people trickled down to the least of us, the better we will all be. A lot of the problem seems to be that the money stays at the top, prices keep increasing, while salaries remain stagnant. Personally the greatest reform that could be made is a greater emphasis on financial education at the junior high school level.

Obama's education credit idea is one of the best I've ever heard, BTW. Higher educated population means better jobs, meaning more money, greater tax-base and more community thinkers.

Bitter - New Orleans, LA   June 17th, 2008 4:34 pm ET

Don't let Obama fool you with his raising taxes on just the wealthy farce.

Everyone social program that he wants to implement will be a veiled tax on everyone. From carbon cap and trade to universal healthcare.

Taxing the rich and corporate america even more is sure to drive their business overseas even more. When they go, so do the jobs and the economy with it.

Taxing hardwork and success is a sure way to kill that hardwork and success. It's better known as the welfare or nanny state and it's just not sustainable.

Cyrus - NY   June 17th, 2008 4:34 pm ET

We are going to need as much tax revenue as possible to get out of our national debt. The Bush administration has been running this country by "swiping the plastic" in China, but it is time that we take care of our own debt, build infrastructure, rebuild places like New Orleans and Iowa.

Anyone who says that increasing corporate tax would make large corporations to just pull out of our economy and move elsewhere, or either out of touch or have no idea how either taxation (both here and abroad) or business relocation works. Corporations get tax benefits for relocating to underdeveloped neighborhoods in the U.S. They can also defer taxes for many years. Secondly, if corporations go elsewhere, they will be taxed twice, both in home country and the new country.

Just my two cents!

Ray Ito   June 17th, 2008 4:33 pm ET

Why should big oil companies make bigger profits even more than as it is right now? Does McCain have shares in those companies?
This is just insane - McSame!

Ed, NC   June 17th, 2008 4:23 pm ET

Does Obama not realize that eliminating tax breaks for the wealthy will cause jobs to be lost? It is the wealthy who invest and create jobs.

S.B. Stein E.B. NJ   June 17th, 2008 4:22 pm ET

It is a question of who does a better job. It is also a question of what the goals and priorities are. How do the corporation give back to the country and the communities that they work in? Often times, they don't give back at all or very little.

This government was supposed to be "by the people, of the people and for the people." It often looks like that there is little of that. I often see it as corporations trying to get away with as much as they can not caring who they hurt.

Vote Nader   June 17th, 2008 4:21 pm ET

When will people understand that "Big Oil" profits are due to volume of sales and not gross margin? Why does nobody get pissed when Google puts out their annual report?

Do you think your latte is costing Starbucks $3? Guess what, you're paying them more profit for 12oz of milk and coffee than you are to "Big Oil" for a couple gallons of gasoline.

** Nader/Gonzalez 2008 **

Rudy NYC   June 17th, 2008 4:21 pm ET

Yeah, the big fight could be the Bush tax cuts.

I think McCain's weak talking point is eliminating the AMT tax entirely. Combine that with keeping the Bush tax cuts and you are looking a over $1 Trillion off cost over 10 years. A cost that would go towards the national debt unless McCain comes up with a plan to pay for it.

I think Obama weak talking point is windfall profits tax on oil companies. I recall it not working out under Carter and Nixon. His proposals would also slow down and minimize the economy's downtrend, but at the cost of extending the length of the trend.

Puzzled   June 17th, 2008 4:19 pm ET

Here's the real difference: Obama wants to try everything that has failed in the past and, in fact, created unintended consequences. Sounds like the leanings of a lecturer in constitutional law.

Hillary Clinton   June 17th, 2008 4:18 pm ET

For goodness sake, vote for my friend, John McCain. Anyone is better than Obama. Believe me, I've seen the skeletons. It's not pretty.

BROOKLYN   June 17th, 2008 4:18 pm ET

Neither candidate has a good, solid plan and both are simply making promises they can not keep…

This seems to be a game of "Politics as Usual"… Was I not led to believe that that was going to "Change"? It does not look like it…

jim   June 17th, 2008 4:17 pm ET

John McCain will say "read my lips, no new taxes."
But are we stupid enough to believe it? No.
Rather than continually spending on a credit card like the Bush Toolbox has been doing for the past seven years, let's tax and spend.
We're already Trillions in debt thanks to this unconstitutional war.
A war which McBush supports fully. A war he wants to fight until he's 172 years old.
McCain is the worst possible thing that could ever happen to this great nation.
Please vote Obama. Let's change direction. Change isn't free.

Enlightened Voter   June 17th, 2008 4:17 pm ET

Yeah john mcwar, keep putting more money into the rich cause they are not rich enough…. Your repulsive republicans strategy of 'trickle down' never quite made it into our pockets and how you continue to justify those gwb tax cuts is criminal.

What if?   June 17th, 2008 4:17 pm ET

TO: Brian Knoxville, TN June 17th, 2008 4:13 pm ET
I love obama! do whatever you need to, to put more money in my pocket! OBAMA!

I SECOND THAT!!!!!

MLG   June 17th, 2008 4:16 pm ET

Go McCain. If we tax our big coporation we will lose. They will pull up out of here.

COL.{retd]A.M.Khajawall   June 17th, 2008 4:16 pm ET

Dear American Voters, reporters and political professionals,

Hon. Senator McCain and Obama, besides each having many attributes and characteristics. The critical differences between the two of these presidential presumptive nominees are as under:

1. Presidential "Temperament and Composer".
2. Little Washington "insider Versus outsider" experience.
3. "Vision and mission" for our nation future rather than past.
4. American policies, " first U.S.A Centric" than any other country [ ies ] centric.

In my professional opinion Senator Obama leads in all above qualities.

The need of our next movement and generation is a change. The Change in " past Washington and its Leadership". A change we can believe in and not the seductive, deceptive, and confusing slogan of "leader we can believe in" [? Effexor ?".

Our Greatgrand Nation has to address many present and future challenges and start with new clean "Slate and Senator".

God Bless America. its diverse people, and our Greatgrand Nation.

Our Greatgrand Nation is needs the CHANGE at every level and for long time.

I am sure Senator Obama with the help of Senator Clinton and her supporters, can deliver that CHANGE.

Please stay involved, stay engaged, and stay informed. Please do not allow any seduction, deception, and or confusion by some partisan media and leaders effect your vote [ Psychological Terrorism ]..

Yours truly,

COL. [retd] A.M.Khajawall
Disabled American Veteran
Forensic psychiatrist, Las Vegas

PS: Please talk about the " Presidential Temperament And Caliber " of our presumptive presidential Nominees. Thanks.

Jayson   June 17th, 2008 4:15 pm ET

Yes they are since Obama believes that the rich are piggie banks for the government and that being rich entitles you to be part of a higher tax bracket and pay a larger percentage of your income to the government.

Brian Knoxville, TN   June 17th, 2008 4:13 pm ET

I love obama! do whatever you need to, to put more money in my pocket!

OBAMA!

Capt. Smash, Salt Lake City, Utah   June 17th, 2008 4:13 pm ET

About taxes check this out!

A detailed analysis of the candidates' tax plans confirms one of Barack Obama's top arguments against John McCain: the Arizona senator's proposals would offer substantial benefits to wealthy Americans.

An analysis of both campaigns proposals by the Washington-based, nonpartisan Tax Policy Center found that for people with incomes between $66,354 and $111,645, Obama's proposals would cut their taxes by more than $1000, compared to around $300 under McCain's plan. But for Americans with incomes above $603,402, Obama would raise their taxes dramatically, by more than $115,000 a year, while McCain would cut them by $45,000.

"The Obama tax plan would make the tax system significantly more progressive by providing large tax breaks to those at the bottom of the income scale and raising taxes significantly on upper-income earners," the group concludes. "The McCain tax plan would make the tax system more regressive…. It would do so by providing relatively little tax relief to those at the bottom of the income scale while providing huge tax cuts to households at the very top of the income distribution."

if you maske over 150,000 Mcain is your man

Jim from IL   June 17th, 2008 4:09 pm ET

At least they are both better than Hillary. Hillary is getting ready to start campaigning for Obama and she will be the new Obama Girl!

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