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Topic Review (Newest First)

  • 07-12-2009, 11:41 AM
    David
    the democrats have traditionally gone after businesses and so called rich people to pay more taxes. this has never worked well. a flat tax of some type would be more efficient, bur efficiency and government usually can,t coexist. more taxes for small businesses is a lousy idea. the middle class always gets stuck paying the most taxes.
  • 07-12-2009, 11:37 AM
    John gibson @foxnews.crap
    why is the republicans only answer to cut taxes we did that the last 8 years and it did not work.If the small business you sell to are afraid of cap in trade ,they are like most and dont understand it ,They are just getting the Fear and Smear talking points from the right
  • 07-12-2009, 11:35 AM
    Datx
    Let's take a look at how this worked out before.

    The Peak of economic growth and the lowest unemployment rates were in 1969. From War's end to the end of the Carter Administration, taxes on the top income bracket was 70%. Large business contributed 30% of the money in the treasury. The growth rate never fell below 4%. The look at the last 30 years. The growth rate has been consistently below 3% Corporations only account for less than 10% of the treasury. We have a spiraling deficit and I needn't mention the crisis resulting from the Lassiez-faire economic policies.

    What creates more jobs? Rich people with more money, who ship a lot of jobs over seas. No America is not a monarchy, why do we line the pockets of the wealthy? How about this? We raise the minimum wage a shift the tax burden onto the rich instead of the lower and middle class. The rich will still have tons of money. And the businesses will get more investment because the majority of people will have more discretionary income, which they then spend, creating jobs, and save, buffering our economy.
  • 07-12-2009, 11:27 AM
    rofe
    It does not. Businesses do not pay taxes they just collect them from Their customers and forward them to the government or thy do not stay in business. Just like "cap and trade" that massive boondoggle will be paid for by consumers. Have you contacted your senator and told him to vote against that bill?
  • 07-12-2009, 11:27 AM
    icynici
    Obama wants to turn the country into a socialist hell-hole. He's gotten started down the path quite well.
  • 07-12-2009, 11:24 AM
    William S
    Anyone with any sense should be asking this same question...how does Obama intend on healing the economy by putting business' out of business. How much tax burden do Democrats think business can carry. What it comes down to is they can't so eventually Obama will tax everyone...Ben Bernanke has already said Obama will have no choice but to raise taxes on all tax payers and those that don't pay tax will before he is done. Obama is a pro at demonizing business so for the ignorant voter out there he will convince them its the business' fault for raising their prices.
  • 07-12-2009, 11:22 AM
    correrafan
    No one gets hired unless there are customers coming in through the doors. People without money and jobs don't shop much.
  • 07-12-2009, 11:21 AM
    Michael M
    Your ask asking the question that all thinking people are asking.

    Yes, it will not increase jobs, but cause loss of more. Right now we have had to let so many go, management is shooting from the hip because of the unknowns.

    This risk puts fear into the banking system, so loans are not made.

    I don't know why the Obama administration can't see it
  • 07-12-2009, 11:21 AM
    KMan
    Ok, lets say you have a brilliant idea and you want to start a business - how, exactly, would you go about it if you weren't in the top 5% income bracket?

    The fact is that most people can't afford to take the risk of non-guaranteed income and loans they can't repay if the idea fails, particularly if they have a family to feed. So they have to work for someone else.

    If they had health care, or enough money to build savings to launch said idea, you'd see more small businesses spring up.

    The real lie of trickle-down economics is that rich people create small businesses and care about hardworking Americans. Wrong. They create big businesses and happily move the jobs to another community (or country) on a whim. Average people create small businesses. Squeezing the middle class harder makes less of them.

    The more money you have, the easier it is to make more money. That's precisely why we have a scaled income tax. The objective of the government should be to make life better for the majority of it's citizens, and to make it easy for *aspiring* entrepreneurs to succeed.

    As far as cap and trade specifically - unless you're in the energy or manufacturing center, I don't get why your clients are worried about it. Utility bills don't exactly make or break a business. Me? I'm ecstatic about cap and trade. There are ton of high-tech next gen energy projects here in Massachusetts. Tons in Cali too. Cap and trade makes them more viable, and makes more high-paying engineering jobs right here.
  • 07-12-2009, 11:19 AM
    Dave87gn
    Bush's plan to lower taxes on the rich to create jobs went over the heads of republicans. There is a big assumption that the rich are employers. and a second huge assumption that the rich who are given a tax cut will create jobs with it- they DIDNT
    If you are a rich CEO who got $40k in personal tax cuts from Bush, that doesnt translate to him creating jobs in his professional life

    Republicans are so dumb, they never think things through
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