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Obama's tax hike on the 'rich' is a ....
by checkm8r

....de facto tax on every single American that buys food, or gas, or services, or houses, or cars, or any other product you can think of.

It will also make a 6.1 unemployment rate look like a Utopian ideal.

 

How can you defend a tax hike on a weakend economy?

Re: Obama's tax hike on the 'rich' is a ....
by RScommon

Making millionaires pay their fair share in taxes is going to take away jobs? These guys hold 40% of net worth in the country and only account for 20% of federal tax revenues. It's time they payed their fair share.

All these tax cuts for the wealthy are hurting businesses as the government sucks up money to fund the deficits. This makes loans to businesses more expensive and less available.

Re: Obama's tax hike on the 'rich' is a ....
by My Boss Dilly

Remove 3/4 of your brain, cut off your balls, stick your head into a bucket of paint thinner and inhale deeply...

That's how they defend it.

Ask me if my boss Dilly is key.

Do you think...
by checkm8r

...that they'll pay thie 'fair share' with a smile?

No, they'll do what they've always done, cut costs, stop spending, scale back, and raise prices.

 

How naive can you be?

Obama's plan offers no growth opportunities for the average business...McCain's does.

Re: Do you think...
by RScommon
Bid deal. So they don't buy that big bottle of Champagne. The important thing is, capital is available for businesses as opposed to funding our deficit.
Let me see if I have your straight...
by checkm8r

...you want to TAX businesses....to grow business?

 

What planet do you live on?

Re: Obama's tax hike on the 'rich' is a ....
by JesseD

One post with facts is better than your spam of bullshit.

Re: Let me see if I have your straight...
by RScommon
I want millionaires to pay their fair share in taxes. Are you dyslexic?
Re: Obama's tax hike on the 'rich' is a ....
by tsedek

"....de facto tax on every single American that buys food, or gas, or services, or houses, or cars, or any other product you can think of."

Nothing special about the rich in that regard.

"It will also make a 6.1 unemployment rate look like a Utopian ideal."

The experience of the late '90's argues against that and Little Barry offers a net tax cut as well as lower rates than St. Bill. We are on well known ground here and can compare apples to apples.

"How can you defend a tax hike on a weakend economy?"

Tax hikes shrink the federal deficit, which strengthens the Dollar witout raising interest rates, which cuts the price of internationally traded commodities. Compare the yearly amount of your Bush tax cuts with the increased price of energy and groceries and lumber and nails and you will find that your "cuts" have cost you big time. You might also remember that people 30 years in the future will get the bill for today's deficits.

Did you just say...
by checkm8r

...that "Tax hikes shrink the federal deficit, which strengthens the Dollar witout raising interest rates, which cuts the price of internationally traded commodities?

How so, when Zerobama has repeatedly said that he would not use the tax to pay the deficit?

 

C'mon man, you're slipping.

Re: Did you just say...
by tsedek

"How so, when Zerobama has repeatedly said that he would not use the tax to pay the deficit?"

Obama will offset the tax hikes on the rich with cuts and credits for the poor which will give a net revenue decrease to the Treasury and increase the deficits. One of the reasons I won't vote for him, he's as fiscally irresponsible as Little George. We will get more deficits and inflation with Obama, just as with McCain. We're doomed.

"C'mon man, you're slipping."

Been a rough week, my brain is mush.

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