From the VOMITORIUM
We have all heard that the Bush tax cuts may expire and all will be bad for the economy…..you know if the tax cuts are allowed to expire then it would be in essence a new tax and jobs vreation would be dead…..think about that…..we have the tax cuts in place NOW mand how many jobs have they helped to create so far?
And then you have these 7 figure media personalities that work for this financial network or that saying that if the capital gains tax goes up then it will effect millions of Americans who own stocks….another piece of falsehood! Most Americans do own stocks but they are in mutual funds or similar funds and with rfe-investment they pay NO capital gains tax…….
And then there is the one about the elimination of the tax cuts and small business will not invest or hire or expand or.,….the tax cuts are on income and if a small business has not protected the owners income then they are stupid and deserve to fail……this is not in any way a tax on R&D or such actions…those tax cuts will stay and the companies will still NOT hire….
This is all so much crap being fed to the people in the game of politics…..first of all, there would be NO increase in people’s taxes if their incomes are below $250,000, where most Americans are as it is today……and secondly, not too many Americans have jobs and if there is no job there is no tax….so where is the tax increase?
This is a budgetary issue……how does one lessen the deficit by eliminating revenue …..the whole idea that saving the wealthy money will trickle down to the working stiff has been proven to be a failed policy…why continue the charade?
How long will politicians offer up crap instead of solutions for real problems?