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Joe may end up winning the election for John .... =================================== http://blogs.abcnews.com/politicalradar/2008/10/joe-the-plumber.html Joe the Plumber: Obama Tax Plan 'Infuriates Me' Email Share October 16, 2008 2:46 AM ABC News' Teddy Davis and Hope Ditto report: John McCain may have found a blue-collar face to help him argue that no American -- not even the richest 5 percent -- should pay higher taxes. Joe the Plumber has weighed in on Wednesday's presidential debate and says that Barack Obama's tax plan "infuriates me." "To be honest with you, that infuriates me," plumber Joe Wurzelbacher told "Nightline's" Terry Moran. "It's not right for someone to decide you made too much -- that you've done too good and now we're going to take some of it back." "That's just completely wrong," he added. Under Obama's plan, individuals making more than $200,000 per year, or couples making more than $250,000 per year, would pay higher taxes on income, capital gains, and dividends. Starting ten years from now, Obama supports an additional 2-4 percent tax on individual income above $250,000 per year to help shore up the Social Security system. To evaluate how Wurzelbacher and his wife would fare under Obama, one would need to know his wife's income (if any) plus what the plumber meant when he told Obama that the company he is getting ready to buy "makes" $250,000 - $280,000 per year. Was Wurzelbacher referring to gross revenue or net profits? Obama's higher taxes on small businesses would be leveled against those whose net profits exceed $250,000 per year, according to Obama's campaign. While at least 184,000 small businesses would face higher taxes under Obama, the Illinois Democrat is also proposing a series of tax credits that could aid small businesses. Obama has proposed a $3,000 tax credit for every new job that companies create in the United States over the next two years, a small business health tax credit on up to 50 percent of employee premiums paid by employers, and elimination of capital gains taxes on investments in small and start-up businesses. Regardless of how Wurzelbacher would personally fare under the candidates' plans, he suggested to ABC News' Nightline that he is against all forms of progressive taxation. During his telephone interview with ABC News, the Ohio plumber argued that the government should not tax some Americans at a higher percentage than others and argued that this principle should extend not only to taxpayers at his income-level but also to the world's richest man. "I don't like it," said Wurzelbacher. "You know, me or -- you know, Bill Gates, I don't care who you are. If you worked for it, if it was your idea, and you implemented it, it's not right for someone to decide you made too much." CMPQwk 1.42-21 9999 Patriotism is not who can leak the most Secret documents to the NY Times ... --- PCBoard (R) v15.3/M 10* Origin: (1:226/600) SEEN-BY: 10/1 3 18/200 34/999 90/1 106/1 120/228 123/500 140/1 226/0 236/150 SEEN-BY: 249/303 250/306 261/20 38 100 1381 1404 1406 1410 1418 266/1413 SEEN-BY: 280/1027 320/119 633/260 267 712/848 800/432 2222/700 2320/100 105 SEEN-BY: 2320/200 2905/0 @PATH: 226/600 123/500 261/38 633/260 267 |
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