Above The Law, a website devoted to Law Firms it seems, takes a look at what will happen to the income of associates if Obama is elected. Here is their analysis of a fictional associate making over 164 grand a year:
The effect is enormous. Betsy’s marginal tax rate goes up from an already ridiculous 42.5% to 51.4%—not including the new 6.2% marginal tax on your employer. Subject to how she structures her withholding, Betsy’s take home pay drops an average of $515 a paycheck—less in the early months of the year, but much more in the later months of the year. Add in the effects on her bonus, and Betsy loses nearly $20,000/year in take-home pay.
I added a third column: how big a pay cut would you have to take to receive the same take-home income? The answer is that Obama’s tax increases have a bigger effect on your income than a law firm cutting New York salaries by $34,000.
Yeah, someone making 160 grand isn’t hurting but don’t forget a couples income is considered as one in the eyes of the IRS and many couples living in the high cost of living areas can easily make that amount. That’s going to hurt.
The thing is that someway, somehow, all these programs Obama wants to institute, including the Global Poverty program, will need to be paid for somehow. How? By taking it from the backend of our employers. Those people who sign our paychecks. But those businesses can only stay afloat if they make a profit, basic economics. So they keep those profits by taking away raises, benefits, new employees and so forth.
Which means we are back to 1978 and Jimmah….
But Democrats being Democrats, they don’t think we should keep our own money…..it should be controlled for the common good. Here’s Jay Tea at Wizbang about his own state, New Hampshire, a state with a anti-tax history:
One of the hallmarks of New Hampshire politics has been a staunch anti-tax platform. We are the only state with neither a sales nor an income tax, and most of us like that.
But that could be coming to an end.
There’s a group of people pushing to rework the state’s tax structure. The Boston Globe is lauding them, pointing out that the state has a $50 million deficit in the first year of our two-year budget. Obviously, something has to be done, and these people say that raising taxes is the solution.
I find myself wondering what the hell happened. Astonishingly, the Boston Globe answers that question. But they have to bury the info, lest too many people manage to put two and two together and come up with “Democrats.”
Way, way down in the 12th paragraph, the Globe realizes it can’t cover up the essential facts any longer:
The debate over taxes is the latest sign of political change in New England’s most conservative state, where Democrats currently control both houses of the Legislature, and Lynch, a Democrat, is in his second term. Last year, some conservatives cringed as lawmakers approved a 17 percent state budget increase. Others marveled at the state’s adoption of civil unions for same-sex couples.
That’s right. Feeling their oats, the Democrats jacked up the state budget 17% (I’ve read it as 17.5% in other places, places I trust more than the Boston Globe, but even 17% is bad enough) in a single year.
After years and years and years of getting hammered as “tax and spenders” and derided and mocked and run down, the Democrats finally got swept into office in 2006. And as soon as they did, they spent the hell out of the state’s coffers, and now need to jack up taxes to pay for it all.
This is “change,” all right.
There’s that change word again….where have I heard that term before recently hmmmmm?

I read a few pages from your link to The Fall of the House of Bush. Interesting stuff. Thanks for the link. I don’t think highly of Craig Unger’s credibility, however.
As far as the alarmism in O’Neill’s account to the partisan Suskind,
Here’s another point of view and account:
Chapter 3 in Feith’s book talks about the Camp David war strategy discussions. About how broad to engage in this war. Pg 48:
Besides this being addressed in my post, the link in mentioning 9/11 and Iraq in the same speech isn’t that Iraq attacked us; it’s that the Administration, in the attempt to prevent the next terror attack, was engaging a broader war against international terrorism; not narrowly focusing on a law enforcement approach of “revenge/retaliation” against Osama bin Laden and his merry men.
The war planners didn’t even see the need to directly link Iraq to the attacks of 9/11:
Scott:
And yet pre and post-war documents indicate that even if Saddam didn’t trust religious fanatics, he was not opposed to working with them to achieve common short term goals.
Note also how Baathists in post-war occupied Iraq worked hand-in-hand with Islamic holy warriors to foment violence and chaos.
Counter Fact (one of many…just too lazy to do a thorough job, here- again, go directly to Iraqi Perspectives Project):
Read the rest.
More accurate fact:
COUNTER FACT: Already cited Silberman-Robb Report and SSCI Report on Iraq Prewar Intelligence; in addition, there were those within the CIA such as Pillar and Drumheller who behaved out of partisan politics over professionalism. What Policy Staffers such as Christina Shelton did, was raise questions regarding evidence ignored and unexamined by an incurious CIA that refused to look outside their own established box when it came to al-Qaeda/Iraq connections. (Re: Pg 264-273, War and Decision, by Douglas Feith)
Would be easier if you could establish a link to the full article.
Here’s a bone.
Here’s what else the article says:
Regarding camps: Read here. And here. Here.
The Iraqi Perspectives Project is the latest to date as far as I know.
I find this part of the article amusing in a sad way:
In the very same piece, at the top, the author mentions “cast doubt on theories that Iraq and Al Qaeda collaborated.”
If anything, it’s the media itself that contributes to the distortions.
@Robert:
Is this just a perception, or reality? Who got the oil contracts? Who’s out there, at cost of American blood and treasure, to protect innocent Iraqis, train their military, build schools, hospitals, mosques, and repair infrastructure long neglected even before we arrived?
@Michael:
Michael I simply wondered in here by accident when I fished Robert’s last comment from the spam filter. I just now noticed the date on this post (feb 26th) and the topic. All I can say is “jimminy crickets, why is this thread even still riding on fumes, here?”
At this point, after almost 100 comments, I think it’s only natural for things to stray off-topic and on tangents; if it happened after the first few comments, I’d be more sympathetic to agreeing with you.
It can still return back on topic….although at this stage of the election, I don’t see why.
Wordsmith –
You have lived up to your name- maybe you should call yourself WordSmith&WessonSemiAutomatic- I will not have the time to go through your long post – no disrespect intended – I have spent way more time on this forum than I ever intended, and my attempts to move on have led to further conversation – I am working on a large work project, and I have put it off too many times.
I apologize therefore, if this seems to be preemptively dismissive of the points that you have put time and energy into. But, even were I to stipulate stronger evidence than I was aware of that Saddam was dangerous and capable of endangering not the fabric of our nation, but nonetheless American lives, through terrorist activity, Bush’s underlying reason for going into
Iraq, from its inception was political and oh yea, we can find some good reasons to take Saddam out.
As a political maneuver it was poorly, no, horribly, planned, and executed, highly misunderestimated at the very least, though with exception, some aspects of the last year, and the initial military strikes.
Waste and abuse abounded. Billions of dollars disappeared without a trace, private contractors were paid exorbitant fees and no bid contracts were given out for things that the military handled just fine in past wars.
As a result of going into Iraq, our eye was off the ball – actually going after Al Quaeda and Bin Laden. Or taking directly what Bush said in 2002-
“I don’t know where bin Laden is. I have no idea and really don’t care. It’s not that important. It’s not our priority.”- G.W. Bush, 3/13/02
“I am truly not that concerned about him.”- G.W. Bush, responding to a question about bin Laden’s whereabouts, 3/13/02 (The New American, 4/8/02)
My basic point, on getting into this particular phase of this part of the thread, was about the tragedy that we were fighting the wrong war, and fighting a preemptive war, which I believe was wrong to begin with, and which has proven to diminish our standing and respect in he world, and to be part of the economic difficulties we find ourselves in now, and how wrapping it in the flag is, to me a misuse of patriotism.
To say that maybe there was something more behind the evidence – as I believe is your point, does not solve my concerns, even taking your post at face value. The lead up to Iraq was not a conversation of the relative benefits, it was not a national conversation, it was a sales job at a post 9-11 time when it was largely considered unpatriotic to question it.
Some may be more comfortable with trusting that kind of central decision making concerning national defense, which after all, is based on analysis of secret information which we cannot know. I know I was not.
@Robert:
I understand. We all value how we spend our time. However…since you tacked on the following, it’s hard for me to shut up and just move on as well, without comment:
Our eye was never taken off the ball. There’s a larger game being played (remember: the war was about the broader strategy of fighting the Islamic terror NETWORK- not one man and one organization). We were still hunting bin Laden when we militarily went into Iraq to remove a known sponsor of terrorism. The only military unit “diverted” for the invasion of Iraq was the 5th Special Forces Group, ironically sent to Northern Iraq to fight those al Qaeda fighters who fled the battlefield of Afghanistan to seek shelter amongst those who acted in Saddam’s interest, in the Kurdish terror-tory. bin Laden purportedly fled to Pakistan by Nov/Dec 2001.
Robert,
Can you not understand the politics behind Bush having made those statements, when he made them? And do you honestly think he did not feel that capturing/killing bin Laden would be a feather in his cap and not be “a big deal”? This past year, he reaffirmed what it would mean for him to find bin Laden, on his watch, before his presidency ends.
In the context of Bush’s statements to reporters at that time, Bush attempted to minimize the role of capturing/killing one man, and tried to refocus reporter’s minds on the bigger picture: That this war will not end with bin Laden’s demise. He’s a symbolic victory, but the war on terror would continue until all Islamic terror organizations are brought to their knees in non-prayer.
The political embarrassment of bin Laden as the primary focus of the U.S. military (one man vs. the best military in the world), knowing that in all likelihood, he is beyond the reach of conventional military forces would only make bin Laden out to be larger than life and lionized by those sympathetic to his cause. Saying he’s not that important and significant, dampens the sting of bin Laden eluding us; but behind the scenes, we’ve never stopped hunting for him.
obama said that his tax plan would allow seniors making less than $50,000 to pay no income taxes yet when I use the tax calculators on the internet I find that to be totally incorrect. Is he lying or are the calculators wrong?
“Is he lying or are the calculators wrong?” (Texas001)
He is lying as usual. No point verifying it. Everything that comes out of is mouth is a lie.
You can listen to Plains radio right now. They are talking about the issue right now.
http://www.plainsradio.com/chat1.html