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....I am not the least bit thrilled in any of our candidate choices for President. I was a strong supporter of Herman Cain, but we all know the end to that story.
However, I will vote for whomever runs against Obama for one single, solitary reason, which is the capital gains tax. If Obama is re-elected and the capital gains tax is raised from 15% to the top percentage bracket, it will simply crush our economy further.
Capital gains from stock dividends are the only income I have had for the past 4 years while trying to turn my construction company around. If the capital gains tax is raised, not only it will make it very diificult to support my family, but using those gains to keep my business open and keep people working will be impossible.
Many of you probably don't understand it, but an increase to the capital gains tax will deter investment in business, and will be a major setback to business owners everywhere who are the backbone of the economy. It will cost so many jobs it will most likely lead to a severe recession. Even if you are an Obama supporter, I urge you to study up on the capital gains tax, and at least voice your opposition to raising the capital gains tax to your Democratic Senators and Representatives. That's all I am asking.
Did that increase happen? Are we in a severe recession now?
lol, now this was the biggest lie ever told on the internet. Obama plans to slash taxes for small business. ObamaCare alone was a huge tax on small businesses. Obama does not support tax cuts. No liberal Democrat does. You can't be the party of big goverment and cut taxes at the same time. They are mutually exclusive.
Not exactly. Obama did extend the Bush era tax cuts. He had to twist the arms of Republicans to let it expire on people earning over 400,000 a year, should have set it at 250,000 though, but Republcans would never agree to that.
....I am not the least bit thrilled in any of our candidate choices for President. I was a strong supporter of Herman Cain, but we all know the end to that story.
However, I will vote for whomever runs against Obama for one single, solitary reason, which is the capital gains tax. If Obama is re-elected and the capital gains tax is raised from 15% to the top percentage bracket, it will simply crush our economy further.
Capital gains from stock dividends are the only income I have had for the past 4 years while trying to turn my construction company around. If the capital gains tax is raised, not only it will make it very diificult to support my family, but using those gains to keep my business open and keep people working will be impossible.
Many of you probably don't understand it, but an increase to the capital gains tax will deter investment in business, and will be a major setback to business owners everywhere who are the backbone of the economy. It will cost so many jobs it will most likely lead to a severe recession. Even if you are an Obama supporter, I urge you to study up on the capital gains tax, and at least voice your opposition to raising the capital gains tax to your Democratic Senators and Representatives. That's all I am asking.
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Dems have in the drivers seat way too long and most of the policies are fatally flawed . The Field of Conservatives many, but its early yet and we as a country have to change the leadership in the 2014 mid terms.
Balance budget and aright size Gov is in order. Even Obama in his long winded speeches has spoke about a right size gov and reduce spending. He himself has not ventured that path except for Republicans pressing the Senate and the President.
Capital gains and the other sticky points Democrats and Socialist demonize is just part of Capitalism. We are a country of success, not being a commoner!
Not spending your money on specific candidates seems to me to be a great idea. Its the ideas that are more important than any candidate.
That thinking is what is causing the civil war within the Republican party.
The statement sound fine at it's face, but the problems come from who believes in a particular idea or not. Political ideas are never set in stone. They change frequently with every direction a passing wind blows them.
Electing a person who is wise enough to vote against some passing fancy or other is becoming increasingly important.
If you're voting for an economic neophyte like Obama, which it appears you have done not once but twice, then you *certainly* don't know squat about the economy. That, or you don't care if the economy gets run into the ground.
You're right. I should have supported candidates who would continue pushing the same trickle-down gimmicks that worked so well that the budget surpluses accumulated under a "*******" President was wiped out.
Contrary to what lots of people seem to think, the economy was not run into the ground at 12:01 pm Eastern Time on January 20, 2009; according to the National Bureau of Economic Research, it began December 2007. It wasn't an ordinary little recession either; it was the most severe economic downturn since the Great Depression. But if I was more knowledgeable about the economy, like you, I would have voted for the party that put us in the Great Recession in the first place.
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You got to remember
