rockhead Wrote:see the way u said it was that u were going to lose millions of dollars (are u a millionaire) and from what u said u still work hard i think his plan is a good way to help out people in need yes some people will lose money but if your in the somewhat upperclass yes u may lose some but think about all of america yes you may be bumped to the middle class but many other people who are in like the super lower class will be able to get back on their feet

i understand your point but i don't think youll lose that much.

Won't lose that much?! Wee're going to lose our HOUSE. Wee don't make anywhere NEAR millions, gross or net, so don't be making stupid generalizations.



And to sort of explain this all so you guys can understand where I'm coming from...
Wee lived in CA, my dad worked for his parents' business. He got a job offer in UT, so wee moved here. Last January, my dad bought a large chunk of the stock in his parents company in CA, and planning to buy the rest by next spring. Throughout the last 3 years wee've lived here, my parents have also been trying to start a mother company for various brands they've made over the years. To start this mother company and purchase the stock, they've had to take a second mortgage out on our house.

Wee won't be seeing any returns on any of this until it's all finalized in next spring, and even then, Obama is planning on increasing capital gains tax, which unfortunately is what their business purchase is. Wee also have to pay income tax for both UT and CA because of our "dual state residence." (Wee only have one house, but my dad has 2 jobs, UT and CA.)

That's one thing that has really pissed me off about people in the last election, the ones that say "Oh, WEE'LL benefit from it, so who cares if someone else has severe financial problems."

Add on to that that Obama also wants to tax stuff like inheritance from dead relatives, and it doesn't look good at all.

Also, I didn't say that Slushba, Assassinator just misquoted. I fixed it.

(This post was last modified: 05/11/2008 05:30 PM by Chroma.)