Someone tell me what either nominee has planned for helping the middle class?
I am still an undecided voter. I hear a lot of talk about helping the middle class, but I never hear much about the actual plans to help. Does anyone know the specifics?
Obama's plan for the middle class has failed; taxes have increased by $2,500 for the middle class family and small businesses who are taxed on their personal income tax return. I can attest to this from personal experience. I own a small business and my wife and I are paying more taxes this year than last year on basically the same income. So I don't think that after 4 years we're going to see anything different from Obama because he wants to tax more so he can spend more. Obama wants to raise the tax rate of 34% where most middle class families and small businesses fall, back to 39% where it was before the Bush tax cuts. This would hurt those families and small businesses who are taxed at the individual rate. By Obama's own definition, this is any family and/or small business that makes more than $250,000 per year gross income.
I like Romney's plan, because as he stated in the debate last night, he plans to lower the overall tax rate which will benefit the middle class because the majority of jobs are created by small businesses which largely fall into the middle class. By doing this, small businesses will be paying less tax on their business rather because most small businesses are taxed at the individual rate rather than a corporate rate, thereby taxing small businesses at a rate lower than what Obama wants to charge i.e. 39%. A lower tax rate will help create jobs.
Hope that helps.
If anyone actually knows, it's an extremely well-kept secret. I don't see how any of the American people can figure out head or tails from their speeches and debates. In all my voting history....a whole lot of elections.......I've finally resigned to the fact that we don't know, and we won't know, until "whoever" takes over the helm. Even if we HEAR and understand what they CLAIM they intend to do......you do realize that there's something in the water at the White House and the air in the Oval Office, that transforms a man into a Werewolf.......don't you, peeples.? It's true. Ask anyone.
Romney believes the economy is like a chia pet; sprinkle a tax break on it every day and watch it grow! Obama believes with proper regulation the economy will continue to gain momentum. Essentially you can choose between a plan we know doesn't work from past experience, or what is in essence no plan at all.
The truth is the economy and well being of the middle class involves a myriad of factors, many of which the President has no control over. The things that a President can do to make small influences on the economy, spending, taxes etc. he/she can only do with cooperation from Congress. So whatever promises they make are in vain, they can't snap their fingers and make things happen.
The only thing the President can do to directly affect jobs is hire/fire federal employees. Both candidates will do more firing than hiring, Obama will cost military and defense contractor jobs, Romney will cut social services jobs.
Every four years the country is on the brink of disaster, heading down the road to socialism or fascism, a welfare state or oligarchy; but ultimately nothing happens. When someone becomes President they suddenly have access to information and resources the rest of us don't have. This change results in a normalization of beliefs and behavior that lines up with the expectations of the Office. In other words the system is stronger than the individual, and it doesn't matter much who is in office.
Something I figured out during my days as a reporter: The Republicans have this trickle-down theory that if they cut taxes, the money saved will "trickle down" from the rich to the middle class and even to the working poor. The result is a big deficit and a recession and the citizens get discouraged and disgusted. Then they put the Democrats in power who raise the taxes to try to clean up the deficit and put things back in order. The people are happy and enthusiastic at first until the realization hits that they are paying more taxes. Then they start grumbling about "tax and spend" and adding to the deficit, so they put the Republicans back in power and the cycle begins anew, The people can't win for losing.
I would vote for the party that would bring our factories back from overseas. Neither party or its candidate is going to be able to create jobs until that happens. In the meantime, the middle class is SOL.
It almost feels like the America's value system has to change!
Who's to say the small businesses won't just keep all the money they're saving in tax breaks? And raising taxes keeps people from spending money, thus no economic stimulation. Hmmm huh?
by Grace Marguerite Williams 4 years ago
Many studies have been done on how socioeconomic class influences childrearing. These sociological studies indicate that lower, working, & lower middle class parents who are less educated, even uneducated value blind obedience over independent & critical thinking. These parents...
by Annsalo 11 years ago
Does anyone know Obama's plans for helping the middle class?I am still deciding on who to vote for. I hear a lot of talk about helping the middle class, but no plans. Being in the lower side of middle class I feel most of what I do hear will hurt us. Has anyone heard real plans?
by Dr Billy Kidd 4 years ago
Has a middle-class person approached you asking for money recently? (middle class = judging by the type of clothing and not being unkempt) And were you asked for money in an unusual place, like a middle-class shopping center?I’m in Southern California, and people are asking me for money every...
by ga anderson 4 years ago
I stumbled across these two videos that proclaim that thought, (rich get richer...), is a myth unsupported by factual data.Both are conservatively biased sources. But, is their data wrong? Does the source matter if it is only the data that is considered.Stossel's point claims that while the rich...
by Scott Belford 9 years ago
To cement the fact that since the 1980s, the rich have been getting richer because the middle class is shrinking and the poor are getting poorer was the recent announcement that the American Middle Class, the bulwark of this Nation, is no longer the richest middle class in the world and has fallen...
by Kathryn L Hill 11 years ago
How?
Copyright © 2024 The Arena Media Brands, LLC and respective content providers on this website. HubPages® is a registered trademark of The Arena Platform, Inc. Other product and company names shown may be trademarks of their respective owners. The Arena Media Brands, LLC and respective content providers to this website may receive compensation for some links to products and services on this website.
Copyright © 2024 Maven Media Brands, LLC and respective owners.
As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.
For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://corp.maven.io/privacy-policy
Show DetailsNecessary | |
---|---|
HubPages Device ID | This is used to identify particular browsers or devices when the access the service, and is used for security reasons. |
Login | This is necessary to sign in to the HubPages Service. |
Google Recaptcha | This is used to prevent bots and spam. (Privacy Policy) |
Akismet | This is used to detect comment spam. (Privacy Policy) |
HubPages Google Analytics | This is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy) |
HubPages Traffic Pixel | This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized. |
Amazon Web Services | This is a cloud services platform that we used to host our service. (Privacy Policy) |
Cloudflare | This is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy) |
Google Hosted Libraries | Javascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy) |
Features | |
---|---|
Google Custom Search | This is feature allows you to search the site. (Privacy Policy) |
Google Maps | Some articles have Google Maps embedded in them. (Privacy Policy) |
Google Charts | This is used to display charts and graphs on articles and the author center. (Privacy Policy) |
Google AdSense Host API | This service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy) |
Google YouTube | Some articles have YouTube videos embedded in them. (Privacy Policy) |
Vimeo | Some articles have Vimeo videos embedded in them. (Privacy Policy) |
Paypal | This is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy) |
Facebook Login | You can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy) |
Maven | This supports the Maven widget and search functionality. (Privacy Policy) |
Marketing | |
---|---|
Google AdSense | This is an ad network. (Privacy Policy) |
Google DoubleClick | Google provides ad serving technology and runs an ad network. (Privacy Policy) |
Index Exchange | This is an ad network. (Privacy Policy) |
Sovrn | This is an ad network. (Privacy Policy) |
Facebook Ads | This is an ad network. (Privacy Policy) |
Amazon Unified Ad Marketplace | This is an ad network. (Privacy Policy) |
AppNexus | This is an ad network. (Privacy Policy) |
Openx | This is an ad network. (Privacy Policy) |
Rubicon Project | This is an ad network. (Privacy Policy) |
TripleLift | This is an ad network. (Privacy Policy) |
Say Media | We partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy) |
Remarketing Pixels | We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites. |
Conversion Tracking Pixels | We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service. |
Statistics | |
---|---|
Author Google Analytics | This is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy) |
Comscore | ComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy) |
Amazon Tracking Pixel | Some articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy) |
Clicksco | This is a data management platform studying reader behavior (Privacy Policy) |