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If Obama DID lower taxes even further for the Richest, would the Republicans actually vote for him in 2012?
11-19-2012, 03:07 AM
Post: #5
 
Tax rates are at the lowest rates in literally 50 years. We've eliminated numerous brackets.

Example. We have 20% real unemployment almost, the highest bracket is under 45%.

In 1960, the brackets ranged up to literally over 70%. Unemployment was incredibly low.

There's more governing the job market than merely taxes, trust me. If life were that simple all our problems would have been solved 300 years ago. We'd have constantly low taxes and we'd live in a utopia.

Here's something to consider: China subsidizes all its businesses. Not only do they not pay taxes, but they also provide their businesses with additional funds which they can use to out compete us. With deficits like Greece, if we want to do that, it's bye bye social security and medicare. Then again, I was never fond of baby boomers. But thinking about it, they gave us most of our current problems. Buy a house you can't afford, cut taxes during war, etc-- it's a nice recipe for a bad situation. I don't really care if they lose their benefits. Don't you dare jack up my payroll tax to support them.

The lesson?
Free trade isn't free when you're dealing with dirty players.
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Messages In This Thread
[] - BlackSunshine84 - 11-19-2012, 03:07 AM
[] - ahandle101 - 11-19-2012, 03:07 AM
[] - Jeffrey s - 11-19-2012, 03:07 AM
[] - Greg0787 - 11-19-2012 03:07 AM
[] - karl k - 11-19-2012, 03:07 AM
[] - Spooky Dude - 11-19-2012, 03:07 AM

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