? For liberals: If taxes go up on rich, how will you feel about consequences?

Discussion in 'Politics' started by bucs90, Aug 1, 2010.

  1. bucs90
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    bucs90 Gold Member

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    The Bush tax cuts. If they expire, massive tax hikes on rich people and rich companies will ensue.

    Liberals: If you are at work in January, for a wealthy company or wealthy boss, and you :clap2: the Bush cuts to expire as Obama wants, how will you feel if you get called into the office and told:


    "Since Washington let the tax cuts expire, we can't afford the staff your division as is. 40% of you will be laid off. It will be a randomly selected group. You'll know within 2 weeks."

    If you lose your job due to Obama allowing the companies and rich people to get their taxes hiked, how will you feel? Or, what if you come to work after watching MSNBC applaud Obama no longer allowing tax breaks for the rich, and find out your best friend at work got laid off, because it turns out the Bush tax cuts allowed enough capital for that company to expand your division 6 years ago and hire both of you, but now they cant afford you both and one has to go?????

    Never forget, as much as you lefties hate the rich and hate corporations, they provide the jobs in this country. If you want a good paying, stable job, most likely it's gonna be working for a rich person or company. Thats reality, and I'm thankful for the rich who have employed me and don't want their taxes to go up, because the more money they send to Washington DC, the less money they send to their employees.
     
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  2. JBeukema
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    JBeukema BANNED

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  3. chanel
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    chanel Silver Member

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    I spoke with a guy yesterday who told his staff that he will only be paying 15% of their HC starting Sept. 1. He was paying 100%. I asked him how he thought the HC bill was going to affect him and he said "I don't know. My accountant does not know. No one knows. The bill is 2000 pages". But with the economy in the toilet, it was that or lay off more people.

    With or without the tax cuts, this is going to be the new reality. Change we can believe in?
     
  4. NYcarbineer
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    NYcarbineer Diamond Member

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    Why would a company do that?

    Employee salaries aren't taxed. Profits are taxed.

    And what percent of any company's employees are in the top 2 brackets? My employer would have zero in those brackets.
     
  5. NYcarbineer
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    NYcarbineer Diamond Member

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    If the Bush tax cuts worked so well, why are we just coming out of a 2 year recession?
     
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  6. chanel
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    chanel Silver Member

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    I've heard it said that trickle down economics doesn't always work. But trickle down misery is almost a given. I don't think extending the tax cuts will necessarily improve the economy. But I'm almost certain raising taxes will make things worse. Small businesses and the wealthy are hoarding cash right now and it's only going to get worse. Too much uncertainty; too little faith.
     
  7. Rozman
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    Rozman Gold Member Supporting Member

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    It's easy to figure out the Libs response to them losing their jobs because the Bush Tax cuts expired.......

    They will BLAME Bush!!!!!
     
  8. chanel
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    chanel Silver Member

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    I'm really sick of the term "Bush tax cuts". From this point forward I will refer to it as "Obama tax increases". It's his economy now.
     
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  9. jillian
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    jillian Princess Supporting Member

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    except you'd be lying.

    :cuckoo:
     
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  10. chanel
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    chanel Silver Member

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    Lying? Is this not Obama's economy?
     

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