Member since Sep 20, 2011



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Re: “Obama debt-reduction plan is best thing he's proposed yet

Well, somebody tell me how much of the rich guy's money should the government take? 25%, 35%, 50%, 70%? Does he have any say so in what is done with the money? Now what, you expect him to go out and hire some new folks, and pay their medical insurance, too? The liberal agenda can only survive in a huge bureaucratic mess where half the people are already receiving government assistance. It would not last a month in a small village. We need somebody in power who actually understands business and job creation to create a business friendly environment. We need tax reform. We need more taxpayers, not higher taxes that stifle growth. Every unbiased economist will tell you that raising taxes right now would be disasterous. Obama knows it has zero chance to pass. He just proposed it as part of his re-election strategy. Yeah, just raise the capital gains taxes to 35% or 40% and see what happens to the markets. By the way, most investment capital was already taxed once when it was earned. While I'm at it, we also need to get out of military conflicts all over the world. We cannot democratize the globe.

Posted by WIllie on 09/20/2011 at 2:08 PM

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