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baloons debt?
this sob just stuck 2 trill on my kids.
in least than a month
wormyyea 2 years ago
McShit with IQ under 50 don't understand about finance and tax
8lifeisbeautiful8 3 years ago
This has been flagged as spam show
At least 3 out of 4 small business that employ 10 or more people would be subject to a tax increase under Sen. Obama's plan.
In 2004, Small businesses created 100% (1.86 million) of new jobs in the US.
Big businesses cut 181,000 jobs.
Source: National Federation of independent Business
Doesn't this sound like something people should question? How many excuses are we going to make for Obama until we actually examine him?
lipidfats 3 years ago
There's no evidence to support the suggestion that tax increases for the very rich create unemployment. Historical evidence strongly suggests to the contrary.
Bellator656 3 years ago
Who cares? The election is over, go do something productive.
It's common knowledge that raising taxes during a recession is a NO-NO. Of course there's evidence - Herbert Hoover, maybe you've heard of him? Raised taxes and led us into a depression.
During a recession, if a company gets their taxes raised how do you think they will balance their budget? By cutting jobs and raising consumer prices. Clinton was lucky because he had the dotCOM boom to entertain his higher taxes.
lipidfats 3 years ago
No. Cutting taxes on the richest doesn't stimulate the economy: and conversely raising them doesn't worsen a recession. Hoover worsened the depression not by taxing, but by cutting spending: which is exactly what McCain proposed. When Carter cut capital gains taxes and cut regulations in key sectors: no increase in private investment occured. Likewise, when Reagan radically continued those cuts, private investment rates continued to decline about 1.2 %.
Bellator656 3 years ago
No, Hoover did not deepen the depression by taxing, but by cutting spending, which was the measure of federal budget-balancing that crucially weakened demand. When Carter cut capital gains taxes and regulations on crucial sectors, it spurred no private investment. When Reagan slashed taxes (on the rich) and regulations more, private investment continued to decline.
Bellator656 3 years ago
I'm not open for debate, so i'll stop you now from wasting your time. The election's over, i'll be glad to debate in four years. For now, you get to watch Obama go back on his promises as Pelosi/Reid bully him around with their wacked out ideas. Can congress possibly reach lower approval ratings? Is there even any room for that? Please don't respond, i'm not interested. If you must, click post text comment at the top, so I don't receive a notification.
lipidfats 3 years ago