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echo: crossfire
to: Jeff Binkley
from: Ed Hulett
date: 2008-10-16 22:28:16
subject: Joe

Jeff Binkley -> All wrote:



 JB> Joe may end up winning the election for John ....

 JB> ===================================

 JB> http://blogs.abcnews.com/politicalradar/2008/10/joe-the-plumber.html

 JB> Joe the Plumber: Obama Tax Plan 'Infuriates Me'
 JB>  Email
 JB>  Share October 16, 2008 2:46 AM

 JB> ABC News' Teddy Davis and Hope Ditto report:

 JB> John McCain may have found a blue-collar face to help him argue that no
 JB> American -- not even the richest 5 percent -- should pay higher taxes.

 JB> Joe the Plumber has weighed in on Wednesday's presidential debate and
 JB> says that Barack Obama's tax plan "infuriates me."

 JB> "To be honest with you, that infuriates me," plumber Joe
Wurzelbacher
 JB> told "Nightline's" Terry Moran. "It's not right for
someone to decide
 JB> you made too much -- that you've done too good and now we're going to
 JB> take some of it back."

 JB> "That's just completely wrong," he added.

 JB> Under Obama's plan, individuals making more than $200,000 per year, or
 JB> couples making more than $250,000 per year, would pay higher taxes on
 JB> income, capital gains, and dividends. Starting ten years from now, Obama
 JB> supports an additional 2-4 percent tax on individual income above
 JB> $250,000 per year to help shore up the Social Security system.

 JB> To evaluate how Wurzelbacher and his wife would fare under Obama, one
 JB> would need to know his wife's income (if any) plus what the plumber
 JB> meant when he told Obama that the company he is getting ready to buy
 JB> "makes" $250,000 - $280,000 per year.

 JB> Was Wurzelbacher referring to gross revenue or net profits?

 JB> Obama's higher taxes on small businesses would be leveled against those
 JB> whose net profits exceed $250,000 per year, according to Obama's
 JB> campaign.

 JB> While at least 184,000 small businesses would face higher taxes under
 JB> Obama, the Illinois Democrat is also proposing a series of tax credits
 JB> that could aid small businesses.

 JB> Obama has proposed a $3,000 tax credit for every new job that companies
 JB> create in the United States over the next two years, a small business
 JB> health tax credit on up to 50 percent of employee premiums paid by
 JB> employers, and elimination of capital gains taxes on investments in
 JB> small and start-up businesses.

 JB> Regardless of how Wurzelbacher would personally fare under the
 JB> candidates' plans, he suggested to ABC News' Nightline that he is
 JB> against all forms of progressive taxation.

 JB> During his telephone interview with ABC News, the Ohio plumber argued
 JB> that the government should not tax some Americans at a higher percentage
 JB> than others and argued that this principle should extend not only to
 JB> taxpayers at his income-level but also to the world's richest man.

 JB> "I don't like it," said Wurzelbacher. "You know, me
or -- you know, Bill
 JB> Gates, I don't care who you are. If you worked for it, if it was your
 JB> idea, and you implemented it, it's not right for someone to decide you
 JB> made too much."

Here's an interview Neal Cavuto had with Wurzelbacher. I put it on my blog.

http://tinyurl.com/5s2a26

Ed

-- 
"The ultimate result of shielding men from the effects of folly is
to fill the world with fools." --Herbert Spencer
Linux User# 416016
Linux Machine# 385029

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