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Obama - tax free ?

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  1. Aug 31, 2008 #1
    Obama -- tax free ?

    :cool: [coughing]
    He said he would cut down tax
     
  2. jcsd
  3. Aug 31, 2008 #2

    russ_watters

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    Re: Obama -- tax free ?

    Is there a point to this thread?
     
  4. Aug 31, 2008 #3

    Chi Meson

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    Re: Obama -- tax free ?

    I heard that part of the speech. What he actually said was "I will cut Texas."

    This is what I was excited about :biggrin:
     
  5. Aug 31, 2008 #4

    Gokul43201

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    Re: Obama -- tax free ?

    What are you talking about? Is there some specific event you are refering to? What is your point? It's not clear at all.
     
  6. Aug 31, 2008 #5
    Re: Obama -- tax free ?

    I think he means Obama will cut taxes. Which is true for people making less than $250,000 a year.
     
  7. Aug 31, 2008 #6

    Astronuc

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    Re: Obama -- tax free ?

    Closing loopholes would be better. Apparently about two-thirds of corporations pay no corporate income tax, because they can use accounting tricks to write off expenses that are not really expenses. I'll have to dig up the article.
     
  8. Aug 31, 2008 #7

    Moonbear

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    Re: Obama -- tax free ?

    Please elaborate your question/point so we know what the purpose of this discussion is.
     
  9. Aug 31, 2008 #8
    Re: Obama -- tax free ?

    I agree. And Gokul43201 posted an article about it on page 5 of the "What GOOD has George W. Bush done for the USA..." thread:

    https://www.physicsforums.com/showthread.php?t=249101&page=5

    article:
    http://www.cbsnews.com/stories/2008/08/12/national/main4342535.shtml

    As Gokul notes it's really hard to determine the tax rates of the corporations with all the perks, subsidies and corporate welfare they receive.
     
  10. Sep 1, 2008 #9
    Re: Obama -- tax free ?

    I only read the newspaper's article :smile:
    True, tax may be a pain for people
     
  11. Sep 1, 2008 #10

    Evo

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    Re: Obama -- tax free ?

    With that, the thread is done.
     
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