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I think this election is still going to be close if Obama wins. It's going to be less than a 1% margin if he wins. Obama economic policies are going to make things worst. It's not that he wants to raise taxes back to the Clinton levels but he said he wants to remove the caps off payroll taxes aka Social Security and Medicaid taxes. He reverse this after it conflicted with his "not going to raise taxes for anybody making less than $250,000 a year" statements. So he said the cap removal will not apply to $102,000 to $250,000 range but only after $250,000. Social Security taxes are 12.4% and Medicare taxes are 2.9% of income if you are self employed. If he raise the top federal income tax rate back to 39.4%. The effective top tax rate will be 54.7% and if you add in most states income taxes which range from 6% to 10%. You are talking about a top rate of 60.7% to 64.7% combine federal and state income tax liability in this country. We haven't had taxes that high in this country since Jimmy Carter. It goes against the last 28 years of tax policy in this country. I know this is a liberal site but ever since the Reagan tax cuts the top combine federal and state income tax rates in this country has been less than 50% and we have had continuous economic growth over the last 25 years. That's because people are not going to go out there and work and risk financial ruin to go start a business only to have the government come and take away the majority of their profits. The debate since Reagan's cuts have been how much of a majority should you be able to keep. Obama got you guys fooled. You think he's going to bring back the Clinton economy but he is going bring back the Jimmy Carter economy. Where do you think the money for that 15 extra percentage points are going to come from? Layoffs!!!! He is going to do this when we have more competition economically than ever before in history. In the 70s, it was only Western Europe and Japan. Now you have Eastern Europe, Western Europe, Japan, Korean, China and India. This is bad policy. I don't mind if Obama wins but I don't want him up there with a Democratic majority in both houses of Congress. When I look at Pelosi, Franks, and Schumer smiling like crazy at that bailout bill. They probably was thinking we just got 700 billion of spending passed with a Republican in the presidency imagine what we can get with Obama. A lot of FDR policies made the Depression worst and turn it from a depression to the Great Depression. The good FDR policies are the ones that lasted until now. People don't remember all the bad policies. Also about Obama, Palin had more hit pieces done on her in 4 weeks than Obama has had in his whole 18 month run for the White House. You guys don't really know this guy. He seems more like a liberal Bush to me. I have yet to see where the guy has ever lead anything.
