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Europ's Economy Down The Drain
Europe's economy is down the drain, let's not copy them. European countries became much socialized; they cared so much for their not working citizens that those who worked paid very high taxes, to support the not working. People preferred not to work and get all the social benefits for the not working. Businesses had to pay very high taxes, so they fired their employees, and moved out of the country, to China & India, where the governments gave them huge tax breaks, so they can hire as many employees as possible.
We all see that the economy in China & India is flourishing. Why not do the same what they are doing? However, Obama plans to copy the European failed system. He “promises” to increase the tax for a business that makes more then 250 thousand a year. In this way if a business owner who makes less then this money, plans to grow and hire more people, he will be punished by Obama. So the owner (remember Joe the plumber?) will do one of the two, or he will stay small, that means less employees and less jobs, or he will go to China or India; where he will get a huge tax break and will create jobs in that country. Just imagine the owner of a small business, working hard 12 and 14 hours a day, and when he is successful; he hires more people and cerates more jobs. Does he deserve to be punished by increasing his taxes?
Let’s face it, President Clinton made a big mistake with his free trading; because since then, goods are coming in to this country, but this plan did not create jobs for us, it created jobs for those who live in other countries! Ladies and Gentlemen, we don’t have exports! Most big companies left us; Obama wants to make the economy to collapse by killing the small businesses which still employ Americans. We need the companies to make America flourish like in the past. Remember when everything was manufactured in the US? Let's go back to these good days. We need a change, but a change to the old good days. If we like the corporations or we don’t; we need them. They and the small businesses are the oxygen of our economy.
Fixie...there are so many factual errors in your post, but I will only address the most glaring:
Obama does NOT promise to increase taxes on businesses making more than 250k a year. That increase will apply only to personal income. Any intelligent business person will not mix the two. Mixing them is a recipe for financial disaster on both fronts, no matter whose administration it is.
Please do some reading on non partisan sites and educate yourself about the real facts.
I was not aware that EU's economy is "down the drain," where did you hear that? And yeah, Joe the plumber will go to China / India... LOL
Lephead, we can't let the trolls get the last word in because that just gives the lurkers misleading info. Fixie5, take a look at McCain's Small Business Bunk here: http://www.factcheck.org/elections-2008/mccains_small-business_bunk.html
Factcheck.org is a non-partisan site which exposes exaggerations and lies from all sides. Maybe this will help you a bit with your confusion about Obama, his tax proposals and how they will impact small business owners.
Trolls and mis-informed people are two different things. If they are mis-informed, we need to point them in the right direction for answers. If they turn in to trolls, then we take a different approach. ;-)
lep, if you're throwing valium, throw some south. This election season has left me with frayed nerves, to say the least. lol
LOL back to you Suzi.
Unfortunately you're right. With the McPalin disinformation campaign, it's hard to know misinformed from troll.
But remember this political proverb : The truth is the last refuge of a scoundrel. At least we know McCalin and Palin are not scoundrels.