Comments on: "Spreading the Wealth"

By: ann

ann — Tue, 28 Oct 2008 12:45:41 +0000

http://ataxingmatter.blogs.com/tax/2008/07/reagans-trickle.html — trickle down does not work and just spreads the wealth and concentrates with the rich. In order for business to grow, they also need consumers (the middle class) with money to purchase goods. See FDR’s the New Deal as a historically comparison. If a business tells you he is going to cut employees for each dollar in taxes spent, don’t buy it. He is cutting off his nose to spite his face as he will still be making a profit off the work of his employees. And, Obama’s plan as has tax cuts and benefits to small business investing in the United States etc. Finally, Obama just wants to turn the progressive tax structure to were it was in the 90s under Clinton/Regan — when the ecomony was booming.

By: Herbert Barber, PhD

Herbert Barber, PhD — Fri, 24 Oct 2008 00:24:29 +0000

Just thought I would let Einstein Obama know that when he raises my taxes, due to my being in that top 5 percent of income earners in America, that I will be laying off people in my firm accordingly. Dollar for dollar. As an example, let’s assume in his useless infinite wisdom he taxes me an additinal $500,000 a year. Assuming the average person in my firm makes $50,000 a year, I will reduce my staff by 10 employees. We simply will learn to do more with fewer employees. Way to go Obama. What an idiot.

By: Howard

Howard — Thu, 23 Oct 2008 15:43:16 +0000

Obama’s first, second, and third priority is to get elected. If that means pandering to large numbers of people who want a free ride, he’ll be happy to throw them a few crumbs as a way to get their votes. He will also turn democracy and capitalism on it’s head, and villainize the affluent and successful in our society, in order to rally the masses behind him. With evangelical zeal Obama will convince his followers to replace reason with hope and belief … to blindly follow him … never challenge him … and embrace his words as gospel. In the real, and unforgiving world of economics however, when you immediately gratify everyone by feasting on the goose that lays the golden eggs, the economy looses it’s ability to continue generating growth and wealth. Obama is promising everyone a piece of the pie, whether they helped bake it, or not … but, only in a socialistic, or communist state do the non-contributors demand to share equally in the property that belongs to others. Immediate gratification, and getting something for nothing, is like a drug to the malcontents, but in the big picture, every farmer knows that you never eat your seed crop. If Obama gets elected, America will turn into a third world country, with massive government welfare programs, unable to generate jobs for it’s citizens, and unable to compete in the global markets. Keep America safe, free and strong … elect McCain/Palin on November 4th.

By: Slango

Slango — Mon, 20 Oct 2008 01:41:35 +0000

It’s called bringing up the bottom. It was the basis for the success of unions so long ago. It needs to be applied more thoroughly.

A worker working for a wage or salary is just as much a businessman as is the owner of the place that he works.

By: Roland

Roland — Mon, 20 Oct 2008 01:38:05 +0000

Yes, trickle up works. It’s called a consumer driven, or consumer based economy.

By: shawn reeves

shawn reeves — Mon, 20 Oct 2008 01:21:08 +0000

I forgot to mention that the best way to stop terrorism is to stop them at the border. Fifteen of the ninteen terroists were saudi arabian responsible for 911 attack. They disappeared into our country on student visa. We still let them in due to our dependance on foreign oil. Sarah Palin has answers to this problem and she will spread our resource wealth to our country. The way i see the media has treated her is disgusting. She is a patriot. The smear campaign here in alaska against her is just that and the people of alaska cant believe the trooper was not fired. The lower 48 does not deserve her. If Mcain/Palin are elected get ready to see to see the washington fur fly starting with the gang of three.

By: jeremy

jeremy — Sun, 19 Oct 2008 11:38:16 +0000

Those 30% of citizens who DON’T PAY ANY taxes are still voters. They are a big block of voters and that’s who O is gunning for. That 30% obviously wants to get a bunch more free stuff from the GOVERNMENT. That means TAXPAYERS, get it?

O is promising to give the NON-taxpayers more of the TAXPAYERS goodies. Woo Hoo!

O yeah. Let’s not forget that we are going to save Africa and END WORLD POVERTY too!

TAXPAYERS are going to pay for that too?

CHARITY BEGINS AT HOME.

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By: jeremy

jeremy — Sun, 19 Oct 2008 04:11:54 +0000

O is promising to give the NON-taxpayers more of the TAXPAYERS goodies. Woo Hoo!

O yeah. Let’s not forget that we are going to save Africa and END WORLD POVERTY too!

TAXPAYERS are going to pay for that too?

CHARITY BEGINS AT HOME.

By: shawn reeves

shawn reeves — Sun, 19 Oct 2008 01:36:46 +0000

Spread the wealth spread the health care spread the fraudulant voter registration. Whats next? I can tell you my pension has been capped and my 401k is in the toilet.98% of the black population is voting for obama its juct a coincidence of course. 20 million illegal aliens with false social security numbers and drivers licences and who knows how many acorns. I fear the end of honest elections. I am an alaskan proud of it. sarah palin cleaned up our government a lot and cut everyone in alaska a 3200 ck from our permanent fund and for high energy costs. This is the kind of leadership we need in washington. She will clean it up. The difference between her and obama is you will have to work for it.

By: marsh

marsh — Sat, 18 Oct 2008 21:49:55 +0000

I think you can see the failing of our education system in a few of the responses.
I don’t care what a CEO makes if he/she is growing the business. I am not a victim and enjoy the opportunity to have my own business or become a CEO. I am offended by pseudo private companies (Fannie ad Freddie) whose CEO’s are pals of our politicians from both parties and profit by it. The government produces nothing, creates nothing and profits only by taking from the working person. Every person in this country is responsible for their decisions and must live with them. Our government has created a victim mentality where they would have you believe someone else is responsible for your bad situation.
Total manure, you are responsible. Look at Joe the plumber, They have tried to mask Obama’s answer by questioning Joe’s personal life. The question and answer are valid!!!
Let’s point that our to our Marxist friends!!