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	Name:	water_watcher -
	Subject:	Survival Mode
	Date:	7/13/2010 11:19:02 AM

Best think I have heard lately ... which I am sure the dems will not like ... is to eliminate the business income tax all together and replace with an 8% VAT tax. That will incent businesses to grow andcreate foreign investment as well as raise exports since they are not taxed on what they produce. The 8% VAT tax, along with the growth in the economy, jobs, etc will yeild much higher tax revenue for the Feds vs taxing business and individuals more which drives jobs to other countries and increases imports.

Obama wants to increase exports, he is doing that by devaluing the US dollar ... do you think if he wanted to create jobs and increase exports he would buy in to eliminating the business tax? I doubt it ... he wants to add a VAT on top of all the other taxes. More government ... more power for government ... that is the only answer.

His home state of illinois has decided, rather than cut spending, they are just not going to pay their bills.

Other messages in this thread:

View Entire Thread

Small Business Optimism - water_watcher - 7/13/2010 7:40:12 AM

Survival Mode - MAJ USA RET - 7/13/2010 9:09:28 AM

Survival Mode indeed. NT - CAT BOAT - 7/13/2010 9:42:21 AM

Survival Mode - water_watcher - 7/13/2010 11:19:02 AM

Survival Mode - MartiniMan - 7/13/2010 11:55:12 AM

Small Business Optimism - Council Roc Doc - 7/13/2010 11:05:43 AM

Few reasons for optimism - MartiniMan - 7/13/2010 11:31:00 AM

Few reasons for optimism - water_watcher - 7/13/2010 1:02:57 PM

Few reasons for optimism - muddauber - 7/15/2010 8:45:21 AM

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