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So in other words, you're a charlatan who likes to talk the talk but you're unable to walk the walk.
Strange conclusion. I have a nice life by virtue of my service to others, who freely pay me on agreed-upon terms for the value I provide them. I think that is "walking the walk" every day...and I recommend it to you.
Obama isn't punishing success, either. Did he bemoan those who won the science fair? Did he punish Bill Gates or Warren Buffett who actually wanted to pay more in taxes?
Oh give me a break, wake up, hello, is there anybody in there? The Science fair? Tax the rich? Isn't there an issue with Warren Buffets taxes?
Did you know the rich give, give and give more to charitable foundations. Yes it brings their effective tax rate down but they do give. I am not rich by no means but I do not believe in forcefully taking something from people or business who earned it (the producers in this country - PS, if you have a job, it is not because of the people who are on welfare, its because of the producers, the very businesses and people who this administration wants to punish for their success). What makes you think that once higher taxes are in effect it will not effect you. Think please!
Right now there is what appears to be a class war. Who started it? The rich were not given their riches, they earned it. They took allot of risk, debt, lived meager lifestyles, work long long hours, also gave up the "security" of a regular paycheck. When we working class thought we opted for security of the job. No job is secure! What do you think will happen when these companies are taxed higher?
Then there is the blame game, blaming the rich for your financial woes. I agree, there are absolute abuses but you did not have to take the bait or let the big bad wolf in. Its up to you to make good financial decisions. This is the world we are in, know what you can afford and live within your means, and quit blaming everyone else when the house of straw comes tumbling down.
How does increasing taxes on the rich give more people the opportunity to get ahead? When the rich have to pay more, what should the average working class expect. A check in the mail? Taxing the rich is is not enough to touch the deficit (this will raise only $47 billion over the next decade, a fraction of America’s $ 6.7 trillion 10-year deficit.) let alone all the other things that need to be done! So next he will lower the level to "your" income level? After all the spending there will be no choice.
If we want to be FAIR, "everyone" should pay taxes (including the 49% of Americans who do not pay tax).
Did you hear that the government spent over $200,000.00 to move a plant? So hey lets throw more money to them. I am sure another plant needs moved. How about getting a grip on the spending.
This administration has the most socialistic attitude I've seen and moving us closer and closer to full blown socialism. Capitalism is not dead, think about it, how many of you wish you could have a successful business. The problem is that people think these people are off playing golf every waking moment. Middle America is generally capitalist but are giving up on the great American dream and now primed and moving more toward socialistic thinking and this administration is playing this card.
The thinking of this administration is spend, spend, spend, prop, prop, prop and I will just tax more, more, more. Make no mistake! You may not be in the scope this round but it will never be enough and you will be in the tax bullseye the next time.
Ok lets talk about Obamas plan to "Be Fair"
Again, I mention that if you want to be fair, tax even the 49% of people who pay no taxes.
Corporations:
They do what is needed to stay competitive.
When interest rates are low, they barrow money and invest in their company. Lets say its an additional building, this puts lots of people to work who in turn spend this money. Lets say its a simple remodel, this puts people to work who in turn spend this earned money. I can go on but will use simple examples. Ok, they invested in their own company and in doing so business is booming, so now they need more people, so they put more people to work. Each of these investments bring the AGI down. The government wants investments or it would not have been part of tax code.
Lets increase taxes on corporations effectively decreasing their working capital. What happens, they contract, with less working capital they must pull back, less or no growth means less jobs. If they go out of business because lack of capital (#1 reason for business failure) then there is more loss of jobs. Talk about biting the hand that feeds you.
Ok so the rich have a higher income, they invest, their goal being to produce income from the original investment (working capital). Whats wrong with that? Isn't this why you and I invested? So you hope to live off the savings but the real goal is to live off the dividends or interest that your investment produces. The rich have more discretionary income so they spend on say a remodel job, putting more people to work. They buy expensive things (higher sales tax), and keeping people in work. Their house is bigger which equals more real estate taxes. And on and on.
The tax the rich mentality with this administration, if they are producers why should they be punished.
These are very simple examples to bring it to you.
In the end, increasing taxes to increase revenue, it will never be enough. Once your sold on this socialistic mentality, you are the next target. We should be screaming, we can't continue to support your spending habits any more. Stop spending. If this was someones husband or wife you would end up cleaned out and divorced. I know I would. Thank god they do not handle my personal finances.
Middle-class America enjoys some of the same tax breaks as the wealthy on things like the mortgage interest on home loans, capital gains on retirement investments and donations to charity.
increasing investment taxes would make it harder for businesses to raise capital, restricting job growth, hurting financial markets and reducing the income of people who rely on pension funds and 401k accounts, as well as the income of billionaires and millionaires.
If you decrease the profits and take away capital of the businesses you are invested in it will hurt you. They always miss their true intended target.
Mitt Romney has not proposed raising taxes. In fact, he laid out a blueprint for governing that includes dramatic spending cuts to reduce the deficit? Now this is talking.
If you have too much debt, you don't increase your spending!
In all fairness, Cheney is arguably the world's leading expert on disastrous presidencies, having been involved with the bulk of them for the past half-century.
Barack Obama will undoubtedly get re-elected. The economy didn't recover overnight when he came into office, but he's already accomplished more in two years than Bush did in two terms. The Republicans haven't offered any solutions to fix the economy, either. Keep in mind Barack Obama will be the incumbent meaning he'll be harder to defeat than 2008. Don't be surprised if he wins by a landslide. I'm 80-percent sure this next election will be a runaway victory for the Democrats.
Also, the conservatives can't find anyone who measures up. Mike Huckabee already stated he probably won't run. That man has too many skeletons in his closet, furthermore. The guy is an right-wing evangelical Christian for one thing. Plus, he pardoned a guy who killed several people in Arkansas, and he has a son who was ousted as a Boy Scout leader for torturing puppies. Those alone are wild cards that will disqualify him from the race. Sarah Palin will be lucky if she even makes it to the primary. I'm sure she'll run to massage her Alaska-sized ego, too. Not even John McCain stood a chance playing his veteran card, so I'm positive the same is true about the other Republicans.
Barack Obama's ratings are now higher than that of either Clinton or Reagan around this time frame during their first terms. What you're also forgetting is there are more black voters than ever before. They'll probably pour into the polls more so than they did in 2008. Myriad Hispanic voters are disenchanted with the Republican Party as well. Not to mention recent college graduates like yours truly are disgusted over the way Republicans haven't done a damn thing about unemployment and even wanted to slash benefits for the 99ers. They're the ones that gave tax cuts to big businesses.
I'm hoping when Scott Walker gets recalled which I'm sure he will, our friends in Wisconsin will spark the catalyst towards something big. His being ousted will leave a bad headline for the Republicans and cost many of them their seats. I'm half-expecting the Democrats will regain control of both houses again after this whole debacle Bush got us into. Unless something terrible happens, I see no way he WILL NOT get re-elected end of story.
This is right up there with "Ron Paul is surging!"
It is not going to be Obama, no, I do not think so
he is too frigging weird, has spent too much, ran his stupid mouth too much
and has ZERO to offer except tax the rich
good grief
if he gets reelected then pigs will be flying out his butt!!
Oh give me a break, wake up, hello, is there anybody in there? The Science fair? Tax the rich? Isn't there an issue with Warren Buffets taxes?
Did you know the rich give, give and give more to charitable foundations. Yes it brings their effective tax rate down but they do give. I am not rich by no means but I do not believe in forcefully taking something from people or business who earned it (the producers in this country - PS, if you have a job, it is not because of the people who are on welfare, its because of the producers, the very businesses and people who this administration wants to punish for their success). What makes you think that once higher taxes are in effect it will not effect you. Think please!
Right now there is what appears to be a class war. Who started it? The rich were not given their riches, they earned it. They took allot of risk, debt, lived meager lifestyles, work long long hours, also gave up the "security" of a regular paycheck. When we working class thought we opted for security of the job. No job is secure! What do you think will happen when these companies are taxed higher?
Then there is the blame game, blaming the rich for your financial woes. I agree, there are absolute abuses but you did not have to take the bait or let the big bad wolf in. Its up to you to make good financial decisions. This is the world we are in, know what you can afford and live within your means, and quit blaming everyone else when the house of straw comes tumbling down.
How does increasing taxes on the rich give more people the opportunity to get ahead? When the rich have to pay more, what should the average working class expect. A check in the mail? Taxing the rich is is not enough to touch the deficit (this will raise only $47 billion over the next decade, a fraction of America’s $ 6.7 trillion 10-year deficit.) let alone all the other things that need to be done! So next he will lower the level to "your" income level? After all the spending there will be no choice.
If we want to be FAIR, "everyone" should pay taxes (including the 49% of Americans who do not pay tax).
Did you hear that the government spent over $200,000.00 to move a plant? So hey lets throw more money to them. I am sure another plant needs moved. How about getting a grip on the spending.
This administration has the most socialistic attitude I've seen and moving us closer and closer to full blown socialism. Capitalism is not dead, think about it, how many of you wish you could have a successful business. The problem is that people think these people are off playing golf every waking moment. Middle America is generally capitalist but are giving up on the great American dream and now primed and moving more toward socialistic thinking and this administration is playing this card.
The thinking of this administration is spend, spend, spend, prop, prop, prop and I will just tax more, more, more. Make no mistake! You may not be in the scope this round but it will never be enough and you will be in the tax bullseye the next time.
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