Econ 101
1. I work and pay taxes.
a. Out of what's left of my paycheck I
1. Pay bills.
2. Spend money on clothing, food, entertainment.
3. Hopefully save for a rainy day.
4. Invest for retirement, college for kids etc.
2. If the government takes more of my money for taxes.
A. I have trouble paying my bills.
B. Have to cut back on food, clothing and entertainment.
C. Can't save a dime.
D. Can't invest a dime.
3. What happens to local business's when I pay more taxes.
A. They lose money.
B. They can't spend, save or invest.
C. They lay off employee's.
D. They fail and shut their doors.
SMALL BUSINESS EMPLOYS WELL OVER 80% OF AMERICANS AND THERE WAS NOT ONE RED CENT IN THIS SO-CALLED STIMULUS PACKAGE IN THE FORM OF TAX BREAKS FOR THEM AND I AS A MIDDLE CLASS AMERICAN MIGHT SEE ALL OF $12.00 PER WEEK.
Now I want your answer to this and you tell me how government by taking more of my money will stimulate this economy and make things better for everyone, not just government employees.
You know I have ABOLUTELY no problem with anything you wrote above?
It is spot on accurate EXCEPT this
you tell me how government by taking more of my money will stimulate this economy and make things better for everyone, not just government employees
This government is NOT taking more of you money.
It is, in fact, borrowing money (or printing it) to spend and giving trillions to the banks at the same time, and spending about a trillion it doesn't have spreading that around to the STATES and earmark projects.
Now understand at THIS TIME, I object to ANY increase in taxes. (except tariffs)
It is my understanding that Obama is planning on increasing taxes on people who make more than $250,000 a year and I even object to THAT.
Normally, before this economic meltdown, I supported those tax increases on the very affluent, but NOW, because the situation has changed, I DO NOT.
Clear?
You see this so called liberal is NOT on board with everything that Obama is doing.
I'm sorry I cannot live down to your caracature of what liberalism is, but there it is.
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