I've posted over at Yielding Wealth: Will Barack Obama Be Good For Your Personal Finances?
Have a read and leave your thoughts. Why? Because this is something to think about. The middle class has been voting against its economic interest for years. Could it be time for a change?
Wow, loved your article. Now I in no way no much about economics but I am with you as well – lets help the middle class. The wealthy, in my opinion, can handle the taxes and if it helps our country they really shouldn’t care since if it wasn’t for our capitalist country they probably wouldn’t have made as much money! Yet another reason why I love Obama
Thanks for your comment. I don’t mind paying taxes, and I totally expect to pay more when I make more. I would like to see priorities changed so that there are fewer corporate subsidies (yeah, Exxon, because your billions in profit each quarter require government help) and less pork barrel projects. Health care and education — as well as infrastructure (we’ve got the worst of any developed nation) — should be priorities.
Yes I COMPLETELY agree with your comment above! There was an interesting article in the Wall Street Journal today comparing McCain and Obama’s proposed tax policies.
Yes. There is a good rundown over at Blue Print on Financial Prosperity.
It shows that most people would pay less in taxes, and that while McCain’s policies that favor the rich would add $4.5 trillion to the debt, Obama’s would only add $3.3 trillion.
Hmmmm…
Both add debt, but Obama adds less.