The $250K cut off Obama suggests, people seem to think that it only applies to individual income. For individuals, a $250K salary seems a lot, but for businesses, its nothing. A small business like a regular restaurant maybe making $250K in gross, but they still have to pay their employees, rent, re-stock inventory, etc.. What do you think will happen to it when 40% of its gross is now being taken away?
Please help me understand where it states ANYWHERE that I am responsible to put money in your pocket, food on your table, pay for your utility bills, pay your kids' college, and that you are permitted to steal it from me??? Please...show me where it states this in our Constitution...I was busy working the day they said it on MSNBC so I must have missed it.
I have a small business and we outsource 20% of our production to China. If my personal and business taxes increase I will lay off long term employees that enjoy paid health care, life insurance, and a 401K plan. I will increase my outsourcing to 50% to 70% and reduce my income to compensate for my tax contribution.
That's wrong because they would basically be paying about the same amount as they did when Clinton was in office. all barack is doing is giving more money to the middle class and below so that they can actually buy some stuff from these businesses in which. Therefore, we make enough money to buy goods, businesses have enough money supply goods. Simplistic supply and demand is all that is.
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Citizens for Tax Justice, founded in 1979, is not-for-profit public interest research and advocacy organization.
Rated 100% by the CTJ, indicating support of progressive taxation.
Obama scores 100% by the CTJ on taxationissues
On the Issues 0rg interprets the 2005-2006 CTJ scores as follows:
•0% - 20%: opposes progressive taxation (approx. 235 members)
•21% - 79%: mixed record on progressive taxation (approx. 39 members)
•80%-100%: favors progressive taxation (approx. 190 members)
teton99 3 years ago
The $250K cut off Obama suggests, people seem to think that it only applies to individual income. For individuals, a $250K salary seems a lot, but for businesses, its nothing. A small business like a regular restaurant maybe making $250K in gross, but they still have to pay their employees, rent, re-stock inventory, etc.. What do you think will happen to it when 40% of its gross is now being taken away?
husseinobamaforever 3 years ago
Obama's so-called tax 'cut' is a TRICK! LookBeforeYouVote -- maybe even add a '.com' to that.
ObamasTrick 3 years ago
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Please help me understand where it states ANYWHERE that I am responsible to put money in your pocket, food on your table, pay for your utility bills, pay your kids' college, and that you are permitted to steal it from me??? Please...show me where it states this in our Constitution...I was busy working the day they said it on MSNBC so I must have missed it.
HammockTimeNow 3 years ago
I have a small business and we outsource 20% of our production to China. If my personal and business taxes increase I will lay off long term employees that enjoy paid health care, life insurance, and a 401K plan. I will increase my outsourcing to 50% to 70% and reduce my income to compensate for my tax contribution.
jpcquadnet 3 years ago
this video is filled with lies...
sheilareynolds 3 years ago
That's wrong because they would basically be paying about the same amount as they did when Clinton was in office. all barack is doing is giving more money to the middle class and below so that they can actually buy some stuff from these businesses in which. Therefore, we make enough money to buy goods, businesses have enough money supply goods. Simplistic supply and demand is all that is.
naichonfreeman 3 years ago
Obama's tax plan is smoke and mirrors.
truthouch 3 years ago