Off-Topic: $1 trillion in NEW TAXES
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Name:   MAJ USA RET The author of this post is registered as a member - Email Member
Subject:   $1 trillion in NEW TAXES
Date:   2/2/2010 9:38:49 AM

Increasing taxes has NEVER improved economies. That's right, there is NO historical evidence that TAX and SPEND improves economies. The money goes into government and that which trickles out… ends up in entitlements. The industrious, the hard worker, the entrepreneur… they get PUNISHED.

The POTUS pretender is going to appease my indignation over the loss of employment of my professional friends… with a $250 gift to my social security. That is condescending. That is how stupid he thinks we are. He offers token rewards for grandparents while demolishing the future of their grandkids.

A $3,000 tax credit for hiring one person is what percentage of the cost of that employee? (less than 10% of the first year overhead on a $50K employee) It WILL NOT cover the cost of training the employee and will be eaten up in filing for the credit! There is NO precedent for hiring employees based on a one time, clause ridden, tax crediti. Does he thing that small businessmen and women are stupid?

The way out of this mess is to STOP screwing around with healthcare.
STOP stimulus packages
STOP saving failing banks and investment firms.
STOP requiring banks to issue subprime mortgages to unqualified applicants.
ELIMINATE any and all government ownership, shares, participation in private industry.
Clearly LIMIT entitlements… especially unemployment.

Initiate the FAIR TAX.

Other messages in this thread:View Entire Thread
$1 trillion in NEW TAXES - water_watcher - 2/2/2010 6:14:29 AM
     $1 trillion in NEW TAXES - MAJ USA RET - 2/2/2010 9:38:49 AM
     $1 trillion in NEW TAXES - MartiniMan - 2/2/2010 11:46:58 AM
          $1 trillion in NEW TAXES - lotowner - 2/2/2010 11:52:27 AM
               $1 trillion in NEW TAXES - widgethater - 2/2/2010 2:47:58 PM
               Another bad Obama proposal - water_watcher - 2/2/2010 5:07:02 PM



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