August 2006 Weddings
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Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
XP: McCain, middle class and taxes
I admittedly know much more about Obama's tax plans than McCain's so bear with me.
If you are middle class, what part of McCain's tax policy is going to directly impact you in a positive manner?
Does his pledge to keep taxes low, mean that he will provide a tax cut to the middle class or is he planning to keep the taxes at the same rate?
* So far most of the debate has been from the standpoint that McCain's plan would be preferable to the negatives perceived in Obama's tax plan. I am realizing that I don't know many details of McCain's plans to be proactive for the middle class and was hoping that we can discuss taxes from that perspective.
Re: XP: McCain, middle class and taxes
Are his credits refundable to avoid some of the problems I see with Obama's plan? That is the one thing I don't completely understand in Obama's plan. I feel like you could still give a tax break to middle class american's without making all the credits refundable. It may not address all the needs for the people who don't pay any taxes, but it seems like it would be a little less liberal and maybe easier for people to swallow?
Middle class Americans don't need a tax break, they just want a tax break that other people pay for. I wish someone would have the guts to say that in a microphone.
Middle income people should contribute something to the tax coffers since they benefit as anyone else from the roads, and education and all that. I think it's insane that people like me who make enough to live comfortably on their own pay no income tax whatsoever. Since when did politicians work to give as many people as possible something for nothing. I think that reinforces a terrible mentality - the "what have you done for me lately" mentality.
Yes middle class people are hurting - because of the economy - not b/c of some outrageously high tax burden. Our economy is in shambles (not including the massive deficit). The next president should only implement a plan that will put the economy back together. Taking even more people off the tax roles altogether is complete insanity. It's pandering and everything I hate about populist candidates.
Sorry for that. To answer your question - I think the health care credit is refundable and I believe that's the only one. Hopefully someone will correct me if that's not the case.
ETA: Both candidates are populist to some extent. So that wasn't a purely anti-Obama rant.
Caden, how can you say all middle income Americans don't need, just want, a tax break? I am glad you don't but I can assure you, I do! Its not greed, its need, for me.
As for McCain's tax credits - don't forget he's going to tax your health benefits so that tax credit just offsets that. He also wants to double the child credit, which not only won't benefit me, but IMO will increase the number of people not paying and even getting money out when they don't put any in.
I can't believe I am about to say this, but I agree with Caden as well. At least as far as middle class tax cuts go.