“Middle Class”, attacks Obama’s assertions that his tax policy will help the working people of America while attacking the companies that employ them:
IF TRUE…BOEHNER NEEDS TO GO!
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Dudes and Dudettes…if this report is true, Speaker of the House John
Boehner needs to go ASAP! Not that he doesn’t need to go anyway via my
viewfinder in l...
2 hours ago
3 Opinion(s):
This ad is deceptive. When we vote for a president it is always risky, we do not know if what they promise is true. All we can evaluate them on is what they propose. What Obama has proposed is to roll back the tax cuts that those making over $250,000 a year to the levels they paid during the Clinton years. During the Clinton years there were no job losses nor loss of salaries. The argument they present is the ad is an old one used by conservatives but it just does not take into account all the complexities involved in job creation, economic growth, etc.
G-man, governments don't create wealth, they don't create jobs and they don't create entrepreneurs.
All govts do is create opportunities, set the rules to inspire people to lift themselves and become better members of society.
Handouts to the poor doesn't help them, it can be spent on booze or the next fix or the plasma tv they've always wanted. What does giving $1000 to an impoverished family achieve? Nothing.
However, create the conditions where those people see hope, have jobs, can better themselves, then the culture of entitlement will drop away, more people will join the workforce, and more revenue is raised and the country prospers.
When Reagan took office, you had a 20%+ interest rate, 10%+ unemployment. What did he do? He dropped business tax to 28% and the country worked itself out of the doldrums, revenue rocketed and the US flourished setting the scene for Bush 1 and Clinton to reap the rewards.
You do not tax the makers of wealth (small businesses are 80% of the nation's employers) who most assuredly probably make $250K+, expect them to work hard only to see the profits go to those that sit on their backsides.
The quickest way to see money leave the US is to raise taxes on small businesses which Obama is proposing. Expect to see the economy getting worse over the next four years because, as a small business owner, I too would hold back reaching the $250K threshold, hold back on employing people until a business friendly administration is in place.
What the US will become is another France which is stagnating and can never recover because the laws and the sense of nanny state entitlement, the cradle to the grave handout culture is set in concrete.
The US has always been special because anyone who wants to better themselves can - but if laws and taxes are prohibitive - the incentive is lost. Ask the French.
Well said Doberman.
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