Trending News
Do Democrats understand the term Socialism?
10 Answers
- Anonymous1 decade agoFavorite Answer
Do Republicans understand the term Fascism?
-MM
- Anonymous1 decade ago
This is a very good question and the answers of many of the Obama supporters shows the lack of education and understanding of what Obama is proposing.
Why do you think that Obama makes it a point to tell you he is only going to raise "income tax" on the rich. The government taxes us with more taxes than just our income!!!!!!!!!!!
Obama said in his speech he wants a tax code that rewards work and not wealth.
LAST TIME I CHECKED I WORK TO CREATE A LITTLE WEALTH.
Let's evaluate how this scum will tax us...
CAPITAL GAINS
A capital gain is a profit that results from the sale or exchange of a capital asset; such as "stocks", "bonds", or "real estate" which exceeds the purchase price. On the other hand a capital loss arises if the sale proceeds of a capital asset are less than the purchase price.
Obama said in his speech he will raise taxes on Capital Gains. Many Americans savings are in stocks, bonds, and real estate. Good luck when you sell your house... Obama thinks the government deserves a big cut as well.
OVERTAZING BUSINESSES
This hurts unemployment rates... when businesses lose money, they cut people. This hurts all Americans.
There's more but yahoo has a limit... as Americans we need to study what is said... NOT HOW IT IS SAID.
Obama is a wonderful speaker but is preaching the same Liberal message of the last 20 years!
- Alan MLv 41 decade ago
Perhaps the greatest example of socialism is in the Christian bible. In acts soon after the "church" (a group of people who shared the same values) was formed everyone sold everything they had and put it in the same pot. Then the 'wise' leaders used the money to feed, clothe, heal etc. the community.
The only way this worked...people of like mind. They were families with on common goal. That was to further the gospel.
- 1 decade ago
No they don't. If Obama takes office they may start to understand. But then 10 years down the line they will some how blame Bush. Obama is a Marxist
- How do you think about the answers? You can sign in to vote the answer.
- 1 decade ago
yeah we have socialized police departments to keep you safe. socialized firefighters. socialized teachers. socialized street lights. socialized. snow plows in the winter. social security for your socialized retirement. socialized highways. socialized landscapers to mow the medians on highways. socialized forest, parks, and beaches. socialized homes, socialized food stamps, socialized military, socialized schools, socialized politicians, there is a socialized war going on right now in iraq afghanistan ukraine georgia pakistan. I wonder how republicans find time to promote fiscal spending. Georgie Porgie wrecked this country so now. there only solution is to wrecked the world. so know one else gets ahead taxes will be the least of your problems. no matter who wins the election. I rather pay taxes than to wear there badges
- The BeastLv 61 decade ago
Wealth redistribution and socialism are not that far separated. I'm sure they understand the term, they just prefer not to use it as it carries a negative connotation preferably avoided during election years.
- steve_miller_5Lv 51 decade ago
Do you realize that Blue (Democrat) states contribute more in taxes and use less in federal spending; whereas Red (Republican) states pay less in taxes and use more in federal spending? "Socialism" exists now in this country, to the great benefit of Republican states.
I'm just saying, be careful what you wish for!
- Anonymous1 decade ago
Do Republicans understand the term Fascism?
- Anonymous1 decade ago
One of the best examples that demonstrate the benefits of socialism is the American highway system. We all chip in to pay for it at the pump. Rather painless isn’t it? I imagine national medicine would be much the same.
If capitalism worked as well as some will have us believe, it would work equally well for the poor too. But as we all know, it fails the disenfranchised miserably.
- Julie HLv 71 decade ago
Not yet but they will if Obama is elected President.
CAPITAL GAINS TAX
MCCAIN
0% on home sales up to $500,000
per home (couples) McCain does not
propose any change in existing
home sales income tax.
OBAMA
28% on profit from ALL home sales
How does this affect you?
If you sell your home and make a profit, you
will pay 28% of your gain on taxes.
If you are heading toward retirement
and would like to down-size your
home or move into a retirement
community, 28% of the money you
make from your home will go to taxes. This
proposal will adversely affect the
elderly who are counting on the income
from their homes as part of their retirement income.
DIVIDEND TAX
MCCAIN 15% (no change)
OBAMA 39.6%
How will this affect you?
If you have any money invested in stock
market, IRA, mutual funds,
college funds, life insurance, retirement
accounts, or anything that pays
or reinvests dividends, you will now
be paying nearly 40% of the money
earned on taxes if Obama become president.
The experts predict that 'higher
tax rates on dividends and capital gains
would crash the stock market yet
do absolutely nothing to cut the deficit.
INCOME TAX
MCCAIN (no changes)
Single making 30K - tax $4,500
Single making 50K - tax $12,500
Single making 75K - tax $18,750
Married making 60K- tax $9,000
Married making 75K - tax $18,750
Married making 125K - tax $31,250
OBAMA
(reversion to pre-Bush tax cuts)
Single making 30K - tax $8,400
Single making 50K - tax $14,000
Single making 75K - tax $23,250
Married making 60K - tax $16,800
Married making 75K - tax $21,000
Married making 125K - tax $38,750
Under Obama your taxes will
more than double!
How does this affect you? No explanation
needed. This is pretty
straight forward.
INHERITANCE TAX
MCCAIN 0% (No change, Bush repealed this tax)
OBAMA Restore the inheritance tax
How does this affect you? Many families
have lost businesses,
farms and ranches, and homes
that have
been in their families
for generations because they could not
afford the inheritance tax.
Those willing their assets to loved
ones will not only lose them to
these taxes.
NEW TAXES BEING PROPOSED BY OBAMA
* New government taxes proposed on
homes that are more than
2400 square feet
* New gasoline taxes (as if
gas weren't high enough already)
* New taxes on natural resources
consumption (heating
gas, water, electricity)
* New taxes on retirement accounts
and last but not least....
* New taxes to pay for socialized medicine
so we can receive the same
level of medical care as other
third-world countries!!!