What has Obama done well?

[firstdown]

Originally Posted by dmek25

first, you seem intent on ripping Obama every chance you get. how about you naming some things that your President( Bush) did right? and the B.J. thing with Clinton, you approved of his presidency, other then that?

OK Demek25 I have a positive for Obama. While watching the guys put new windows in my house I thought about the $1500 tax break I will get because of Obama. So his tax break for up grading windows is something he has done well/right. I get a tax break and the window guy gets the job. SS answered the Bush ? for me and no I was not a big fan of Clintons. The one thing with Clinton is that the Rep had control of congress so Clinton could only do but so much.

[jsarno]

Originally Posted by firstdown

OK Demek25 I have a positive for Obama. While watching the guys put new windows in my house I thought about the $1500 tax break I will get because of Obama. So his tax break for up grading windows is something he has done well/right. I get a tax break and the window guy gets the job. SS answered the Bush ? for me and no I was not a big fan of Clintons. The one thing with Clinton is that the Rep had control of congress so Clinton could only do but so much.

I got new windows under the Bush administration and they were deducted off my yearly taxes...is that what you are referring to, or was there an actual program to give you a tax break as well as you will get the deductions on your yearly taxes? Or a separation of the two? I am confused on that.

[firstdown]

Originally Posted by jsarno

I got new windows under the Bush administration and they were deducted off my yearly taxes...is that what you are referring to, or was there an actual program to give you a tax break as well as you will get the deductions on your yearly taxes? Or a separation of the two? I am confused on that.

I think the Obama deal is a true tax credit instead of just a write off. For example if I owe 3000 next year before my tax break when its applied I will only owe 1500. Under the Bush plan I really would only save at my current tax rate. So if I claimed 1000 for windows then that is not counted as income and I save 300 if I was at a tax rate of 30%. Under Obama's plan I can write off 30% of the total cost up $1500.

[jsarno]

Originally Posted by firstdown

I think the Obama deal is a true tax credit instead of just a write off. For example if I owe 3000 next year before my tax break when its applied I will only owe 1500. Under the Bush plan I really would only save at my current tax rate. So if I claimed 1000 for windows then that is not counted as income and I save 300 if I was at a tax rate of 30%. Under Obama's plan I can write off 30% of the total cost up $1500.

Gotcha...thanks for the explanation.